Tag: Analyst

Bitcoin’s $73K Rally Driven By US Investors, Analyst Says

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The Bitcoin price went into the weekend firing on all cylinders after the release of weaker-than-expected inflation data in the United States. Interestingly, an analyst has come forward with data and a fresh angle on the influence of the US on BTC and the general cryptocurrency market. US Institutional Players: Major Catalysts Behind BTC’s Latest Rally Crypto analyst Burak Kesmeci revealed in a post on the social media platform X that the Coinbase Premium Index has been a major indicator steering the Bitcoin price over the past two years. The…

Paying Iran in Crypto Could Put Shippers at Sanctions Risk: Analyst

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Shipping firms that turn to cryptocurrency to pay potential transit fees to Iran could face significant sanctions exposure, according to Kaitlin Martin, senior intelligence analyst at Chainalysis. Martin told Cointelegraph that under the current sanctions framework, any payments made to the Iranian regime, including those tied to passage through key waterways, could be interpreted as “material support,” putting companies at risk of violating US and international restrictions. “Doing so could carry significant sanctions violation risk, as the Iranian Revolutionary Guard Corps is sanctioned by multiple jurisdictions and Iran is subject…

XRP Could Rally Near $20 After Breakout Signal Originating In 2017, Analyst Says

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XRP has been moving with the broader crypto market, pushing up to important support levels and climbing to the top of its recent consolidation range near $1.36.  That rebound has reignited bullish speculation around the altcoin, and now one analyst is laying out a much more ambitious scenario—one that, if it unfolds, could translate into a roughly 1,100% rally from current levels. New XRP Price Target At $16.39 In a report published by 24/7 Wall St., market analyst Javon Marks said he has a fresh chart-based target for XRP that…

Analyst Shares ‘Realistic’ Ethereum Price Targets For The Next 3 Years

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Crypto analyst Crypto Patel has shared realistic targets that the Ethereum price can reach in the next bull run. The analyst matched potential market caps to those of popular U.S. companies, noting that Ethereum has gone mainstream and could go head-to-head with them.  Realistic Targets For The Ethereum Price In The Next Bull Run In an X post, Crypto Patel stated that the ‘ultra bear’ target for the Ethereum price in the next bull run is $5,000, representing a 2.4x gain from current levels and a market cap of $610…

Is XRP Safer Than Bitcoin? This Analyst Explains The Real Quantum Risk For Holders

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Experts say XRP’s design leaves a smaller share of its supply exposed to a potential quantum attack than Bitcoin. An Armor Against Quantum Attacks? Following the recent spike of the crypto quantum-panic or “quantum FUD” (fear, uncertainty and doubt) after Google’s “doomsday” whitepaper, many crypto developers are analysts have taken into the job of running tests to make sure their coins are safe. Others are already writing up safety post-quantum protocols and proofs. Vet, XRP Ledger dUNL validator and long‑time XRPL contributor, shared on a post on the social network…

Bitcoin ETF Hype Hits Ceiling, Sharp Drop Risk Emerges: Analyst

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Gold has quietly outrun Bitcoin by a wide margin — and one Wall Street analyst says that gap tells the real story of where markets are headed. Related Reading Bitcoin’s ETF Gains Pale Against Gold’s Run Since the launch of US spot Bitcoin exchange-traded funds in early 2024, BlackRock’s iShares Bitcoin Trust helped push Bitcoin’s price up roughly 50%. Gold, over the same stretch, climbed about 135%. That performance gap is central to the argument being made by Mike McGlone, senior commodity strategist at Bloomberg Intelligence, who says capital may…

Morgan Stanley Low-Fee Bitcoin ETF Sparks Fee War Across Issuers, Analyst Says – Featured Bitcoin News

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Key Takeaways: Morgan Stanley launched MSBT with a 0.14% fee, undercutting Blackrock IBIT and escalating a bitcoin ETF fee war. Bloomberg analyst says the fee war could squeeze issuer margins while expanding investor access. Blackrock dominance may persist unless outflows rise or a 10 bps Vanguard entrant disrupts pricing power. Morgan Stanley Sparks Bitcoin ETF Fee War With Aggressive Pricing The launch of a lower-cost bitcoin exchange-traded fund (ETF) is intensifying structural competition across digital asset markets. Morgan Stanley, a global investment bank, rolled out its bitcoin ETF (NYSE Arca:…

Bloomberg Analyst Predicts This ‘Underdog’ Will Flip Bitcoin And Ethereum

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Bitcoin and Ethereum’s dominance is being directly challenged in a new outlook from Bloomberg Intelligence strategist Mike McGlone, who believes that an unexpected contender is positioning itself to overtake both. Tether USDT’s market cap is steadily closing in on Ethereum, and Mike McGlone thinks the stablecoin’s ascent is only getting started, while the two largest cryptocurrencies may be headed in the opposite direction. The Unlikely Contender Gaining Ground Mike McGlone, senior macro strategist at Bloomberg Intelligence, has singled out Tether (USDT) as the asset most likely to reshape the crypto market…

Analyst Says Bitcoin Has Printed A Historically Aggressive Recovery Setup, What To Expect

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Crypto analyst Cupra has revealed that Bitcoin has printed a historical aggressive recovery setup, signaling that a rally to the upside may be on the horizon. The analyst predicted that BTC could rally to a new all-time high (ATH) of $150,000 as the next bull phase approaches.  Bitcoin Prints One of the Most Aggressive Setups In Years In an X post, Cupra stated that Bitcoin has just printed one of the most aggressive recovery setups that the market has seen in years. He noted that such a setup played out…

Ethereum Reclaims $2,200, But Analyst Says Don’t Celebrate Yet

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While Ethereum (ETH) retests a key level for the first time this month, some market watchers have advised caution, warning that the start of a new bull run may not be here yet. Related Reading No Ethereum Party Until This happens After jumping nearly 10%, Ethereum is attempting to reclaim a crucial area that has served as a major resistance zone since the early February crash. Over the past two months, the King of Altcoins has been trading sideways, hovering between the $1,800-$2,200 levels. As the altcoin breaks past the…