Traders are adding leverage on top of an already leveraged MSTR ETF, signaling heightened risk appetite and a build up of speculative excesses. Original
Bitcoin (BTC) reached an all-time high of $95,023 on Bitstamp today, gaining 4% against the U.S. dollar in the past 24 hours and 5.2% over the past week. With a market capitalization of $1.87 trillion, bitcoin now ranks as the seventh most valuable global asset, trailing Amazon. Bitcoin Hits $95,000, Bolstering $1.87 Trillion Market Cap […] Original
Founded by serial entrepreneur Naguib Sawiris, MONIIFY aims to empower the next generation of entrepreneurs and investors to make smarter money moves by providing insights and analysis on high-potential regions and sectors, including tech, AI, cryptocurrency, and energy. DUBAI, UAE, Nov. 20, 2024 /PRNewswire/ — MONIIFY (moniify.com), a digital news platform for Zillennials, founded by businessman and entrepreneur Naguib Sawiris, will launch on November 26, 2024. Set to become the go-to platform for entrepreneurs, investors and professionals hungry for knowledge, wealth, and financial freedom in the world’s fastest-growing economies, MONIIFY will provide…
As of this writing, XRP traded close to 65 cents – a critical level above which selling pressure has remained robust since October 2023. Should the resistance give away this time, the months of pent-up energy accumulated during this consolidation phase could be unleashed, potentially yielding a rapid rise toward 90 cents-$1.00. Source
Investors expect cryptocurrency’s bull run to continue into 2025 and peak in the second half of the year, MV Global, a Web3 investing firm, told Cointelegraph on Nov. 11. Nearly half of investors anticipate a market top in the second half of 2025, MV Global said, citing a survey of 77 large cryptocurrency investors, including venture firms, hedge funds and high-net-worth individuals. “This seems to be a very popular opinion and, therefore, very likely priced into markets,” noted Tom Dunleavy, a managing partner at MV Global. Flows by assets (in…
Peter Brandt projects that bitcoin could surge to $125,000 by the New Year, citing bullish trends and the cryptocurrency’s strong historical price-action patterns. Peter Brandt Sees Path to $125K Bitcoin as Market Enters Uncharted Territory Veteran trader and renowned chartist Peter Brandt shared an optimistic outlook for bitcoin on Sunday after the cryptocurrency broke its […] Original
Along with Donald Trump, the Republican Party, and the cryptocurrency industry, prediction markets are a clear winner of the U.S. election. The GOP’s surprisingly strong showing Tuesday night came as a shock to those who only got their information from mainstream media, pollsters and pundits. Source
In a historic night for crypto markets, bitcoin has blown past its previous all-time high (ATH) numbers, reaching $75,000 on several exchanges. This price action comes on the heels of several favorable announcements supporting the possible victory of former President Donald Trump in the U.S. elections, as his chances of winning the presidential race reached […] Original
In prediction markets, traders bet on verifiable outcomes of real-world events in specified time frames. Typically, they buy “yes” or “no” shares in an outcome, and each share pays $1 if the prediction comes true, or zero if not. (On Polymarket, bets are settled in USDC, a stablecoin, or cryptocurrency that trades one-to-one for dollars; other platforms, including Kalshi and PredictIt, pay out regular greenbacks.) Source
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…