Institutional demand for Bitcoin mining stocks on the rise, analyst says

Institutional interest in Bitcoin mining stocks is surging, analysts at H.C. Wainwright said after hosting an investment conference in New York.  The HCW Annual Global Investment Conference gathered major publicly traded Bitcoin (BTC) miners and industry leaders like MicroStrategy’s Michael Saylor. The main takeaway, according to the firm’s Managing Director and Crypto Analyst Mike Colonnese, was an increase in institutional involvement compared to previous years. The analysts stated in a note shared with crypto.news that the approval of spot Bitcoin ETFs in January, combined with increasing demand for AI-driven power…

XRP Price To Crash To $0.33 Before Surge To $9 Post-SEC Appeal; Analyst Reveals

Este artículo también está disponible en español. Earlier in August, the XRP community got some positive news when the court ruled that Ripple Labs should pay a $125 million fine to the United States Securities and Exchange Commission (SEC) for selling unregistered securities. However, the regulator has been unhappy with this decision, leading to an appeal of the court’s decision. Naturally, the appeal has pushed back the finish line for the 4-year battle, but the end could still be very bullish for the XRP price. The XRP Crash Before The…

Ethereum To $4K Again? Analyst Predicts Bull Run As Key Metric Approaches Critical Level

Ethereum appears to have now seen a notable shift in its major metric. Particularly, a recent CryptoQuant analyst, Burak Kesmeci report, highlighted the potential significance of Ethereum’s current funding rates. The analyst pointed out that similar patterns in the past have been followed by substantial price increases, suggesting that Ethereum might be on the verge of a new surge. Calm Before The Storm? Funding rates are a key future market metric, indicating the balance between long and short positions. When the funding rate stays low for an extended period, it…

XRP Price To Reach $40? Crypto Analyst Says You Should Get In Right Now

Este artículo también está disponible en español. A crypto analyst is mega bullish on the future outlook of the XRP price, predicting a massive price surge to $40 for cryptocurrency. Despite XRP’s stagnant price growth over the years, this crypto analyst remains confident in the cryptocurrency’s short-term and long-term prospects. XRP Surge Incoming, Don’t Panic Sell XRP, the native token of the XRP Ledger (XRPL) is currently showing incredibly bullish signals according to ‘Steph Is Crypto,’ a market expert on X (formerly Twitter). Sharing a video discussing his analysis of the…

Crypto Analyst See 300% Rally on The Way For Internet Computer (ICP) and Mpeppe (MPEPE)

Este artículo también está disponible en español. As we head deeper into 2024, the cryptocurrency market continues to surprise investors with promising opportunities. Among the most discussed potential breakout tokens are Internet Computer (ICP) and Mpeppe (MPEPE). Both cryptocurrencies have attracted the attention of analysts and investors alike, who predict that these assets could see gains upwards of 300% in the near future. With Internet Computer (ICP) showcasing renewed strength and Mpeppe gaining traction as a high-potential meme coin, the two tokens are positioned for impressive growth. In this article,…

Market Analyst Sees A 250% Rally For BinaryX (BNX) And Mpeppe (MPEPE) Which Will Push Them Higher In The Top 100

Este artículo también está disponible en español. Cryptocurrency investors are gearing up for a massive opportunity as market analysts predict a 250% rally for BinaryX (BNX) and Mpeppe (MPEPE). These two rising stars in the crypto world are expected to climb higher in the top 100 rankings, offering significant returns for holders. With both projects making waves in the gaming and gambling industries, their potential for explosive growth is attracting attention from investors and analysts alike. BinaryX (BNX)’s Continued Dominance in GameFi BinaryX (BNX) has become a major player in…

Analyst Forecasts Gold Prices to Reach $2,950 as American Investors Escape From AI and Stock Market Bubbles

Adam Hamilton, the founder of Zeal Intelligence, a financial consulting company, predicts that gold prices will rise as American investors turn to gold, fleeing from traditional stocks and the burst of the artificial intelligence (AI) bubble. Hamilton explained that gold experienced this price upswing without this main demand factor, stressing that it was a very […] Source CryptoX Portal

End Of The Road For NEIRO? Crypto Analyst Predicts Breakdown Below $0.13

Este artículo también está disponible en español. NEIRO has been one of the biggest gainers in the last seven days, with its price surging by almost 400%, according to data from CoinMarketCap. As to where the dog-themed meme coin might be headed next, crypto analyst The Forex Mindset has offered a bearish outlook, suggesting that its price rally might be over and that a price correction is imminent.  NEIRO’s Price Could Drop Below $0.13 The Forex Mindset suggested in a post on TradingView that NEIRO will drop below $0.13. The…

Analyst Says Bitcoin Is In A ‘Healthier’ Place Now, Here’s Why

Este artículo también está disponible en español. Bitcoin might be stuck in a downtrend, but fundamental analysis suggests it is in a healthy position. According to a recent analysis by crypto analyst Kaleo, Bitcoin is currently putting up healthier dynamics than it did in the previous halving cycle. This intriguing outlook for Bitcoin comes amidst the cryptocurrency’s struggle to stand firm above $54,000 and break above $57,000. Bitcoin Is In A Healthier Place Kaleo’s Bitcoin analysis, which was posted on social media platform X, compared the current BTC price performance…

Presale Coin GoodEgg Rivals FET For A.I Crown, Analyst Predicts Explosive Growth at Launch

Este artículo también está disponible en español. As the crypto world continues to witness the rapid growth of AI-driven projects, GoodEgg (GEGG) is emerging as a serious contender in the space. Known for its unique meme-hybrid model with a social scoring system, GoodEgg (GEGG) is capturing attention, raising speculation that it could become the third merger in the Artificial Superintelligence Alliance (FET) ecosystem. FET’s Recent Surge: A Look into the AI Giant The Artificial Superintelligence Alliance (FET) has recently seen its native token, FET, gain significant momentum in the crypto market. With a daily growth rate of 13.33%, FET is…