Tag: Market

Kiyosaki Warns Of Market Collapse

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Veteran investor Robert Kiyosaki has sounded a stark warning for markets that have just seen Bitcoin hit a fresh all‑time high of $123,000. According to Kiyosaki, long‑running bubbles in the US economy are primed to burst, and Bitcoin could slide right along with stocks and bonds. The cryptocurrency is already off its peak, trading past the $118,000 mark after profit‑taking by long‑term holders. Related Reading Major Debt And Sticky Inflation Based on reports, the US national debt has climbed to over $36 trillion, a level few would have imagined a decade…

NFT Market Soars as Floor Prices Spike for Top Collections

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Investors are rushing back into non-fungible tokens (NFTs) after a massive single-day “sweep” of blue-chip NFTs on Sunday, propped up by a crypto market rally.  CoinGecko data shows the largest NFT collection by market cap, CryptoPunks, experienced a 15.9% spike in its floor price from 40.9 Ether (ETH) to 47.50 ETH, worth over $179,000, with 83 of the NFTs snapped up by new holders in only a single day.  Pudgy Penguins, the second-largest collection by market cap, has spiked over 15% to 16.60 Ether ($62,597), with 100 new holders “sweeping”…

Goldman Trader Notes Market Strength, Crypto Ascent to $4T Amid Warning on Shifting Risk/Reward

Goldman Sachs’ top trader, Tony Pasquarello, sees the U.S. stock rally holding its pace but flags a shifting risk and reward dynamic as summer approaches—especially with the crypto market ballooning to a staggering $4 trillion in value. Goldman’s Pasquarello on Markets: Rally Fueled, Risks Rising In a market note covered by Tyler Durden at Zerohedge, […] Source CryptoX Portal

Will Bitcoin Impede Or Support Altcoin Rally? On-Chain Data Signals Market Uncertainty

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According to an on-chain analyst on X, Bitcoin has decoupled from other cryptocurrencies or altcoins, which could lead to a severe price downturn within the market over the next day. Why Traders Should Brace For Impact In a July 18 post on the social media platform X, Joao Wedson, founder of crypto analytics firm Alphractal, reported that the Bitcoin price might witness a significant drop over the next day. The crypto analyst based his conclusion on multiple results obtained from on-chain analysis using three major metrics.  Related Reading First, Wedson…

Senate To Consider CFTC Pick As Market Structure Bill Moves To Chamber

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Brian Quintenz, US President Donald Trump’s pick to chair the US Commodity Futures Trading Commission (CFTC), is scheduled to appear before lawmakers as his nomination moves forward in the Senate. His role could expand significantly if current legislation shifting crypto oversight to the agency becomes law. The Senate Agriculture Committee will hold a meeting to consider Quintenz’s nomination before a potential floor vote on Monday. The meeting will follow a hearing held by the committee in June, marking the first step in his nomination since Trump announced it in February. …

Ethereum Enters Top 30 Global Assets With $416B Market Cap – What’s Next?

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Ethereum is trading at a pivotal level after a strong bullish rally pushed its price above the $3,650 mark. This surge has positioned ETH as one of the strongest performers in the current crypto market cycle, igniting optimism among investors and analysts alike. With bulls in control, many are pointing to growing momentum across altcoins as a sign that the long-anticipated altseason may finally be underway. Related Reading Adding to this narrative, Ethereum has now entered the list of the top 30 global assets by market capitalization, reaching a $416.17…

Cryptocurrency Market Cap Soars Past $4 Trillion for the First Time Amid Broad Rally – SuperCryptoNews

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The global cryptocurrency market capitalization has shattered records, surging above the $4 trillion mark for the first time ever on Thursday. According to Coingecko data, the total crypto market cap reached approximately $4.003 trillion, with a staggering $260.2 billion worth of crypto traded in the past 24 hours. Bitcoin continues to dominate, holding 59.91% of the total market with a capitalization of $2.39 trillion. The monumental $4 trillion achievement comes amid a widespread rally across the entire crypto market. Bitcoin itself saw a 1.71% rise in the past 24 hours,…

Memecoin Market Cap Hits $79B as Crypto Leaders Clash Over Industry Impact

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Members of the crypto community expressed conflicting views of the memecoin surge, with some celebrating the market’s rise and others calling it a regression.  The memecoin sector surged to $72 billion in July, up 29% from a $55 billion market cap on June 30. Behind the rally was a mix of memecoin presale hype, community momentum and a new memecoin launchpad gaining traction on Solana.  On Friday, the memecoin market cap surged further, peaking at $79 billion. This represented a 43% surge from its valuation at the end of June.…

Crypto Market Cap Nears $4 Trillion As ETH And XRP Surge

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Total crypto market capitalization is within striking distance of the $4 trillion milestone, driven by a daily surge in Bitcoin, Ether, XRP and other cryptocurrencies as three major crypto bills were passed in the US House.  A $4 trillion market cap would place cryptocurrencies just behind Nvidia, the biggest publicly-listed company in the world, which crossed a $4 trillion market cap for the first time on July 9 and is now at $4.2 trillion.  Binance-owned CoinMarketCap shows peak crypto market capitalization figures at $3.8 trillion, while TradingView has the number…

Why Donald Trump Jr. Took the ‘Amazon of Guns’ to Market

Two years ago, Donald Trump, Jr. and Omeed Malik rang the opening bell at the New York Stock Exchange as renegades. They had just turned PublicSquare, a Yelp-like directory of conservative businesses, into a publicly traded company, marking the emergence of a movement rebelling against “woke-ism” with their wallets. When the pair returned on July 16, the environment on Wall Street had changed dramatically. With Donald Trump back in power and waging war on corporate diversity initiatives, some of the nation’s largest companies have eliminated so-called DEI programs, from McDonald’s…