Bitcoin (BTC) Price Up 5% to $61K Ahead of Fed, but Binance Order Books Suggest Rally Could Be Capped

The dynamics are not necessarily that straightforward, as the prospect of larger cuts could cause a panicky reaction for risk asset prices, K33 Research analysts noted. “Similar large cuts occurred during the 2001 and 2007 recessions, often signaling heightened recession risks in the U.S,” K33 Research said in a Tuesday report. However, those historical comparisons could be misleading, as real rates are at their peak with inflation coming down over the past months allowing a speedier pace of cuts, the report added. Market participants currently see the fed funds rate…

Funding Rates Hit New 2024 Lows—Is A Rally Still Possible?

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Is Ethereum Primed For Surge? Analyst Reveals Key Levels to Watch For A $8,100 Rally

Regardless of the Ethereum (ETH) price’s unappealing performance, the latest analysis from top crypto analysts in the space predicts that the asset might be on the verge of a parabolic rise. In a recent post uploaded on X, renowned crypto analyst Javon Marks has laid out an optimistic scenario for Ethereum, suggesting a potential price surge similar to a pattern witnessed in 2023. Key Level To Watch For A Rally To $8,100? According to Marks, Ethereum is poised to replicate a previous pattern that led to a more than 160%…

UBS Expects Higher Gold Prices as US Dollar Weakens — ‘Gold’s Rally Has Further to Run’

Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS explained, adding: “Gold’s rally has further to run.” UBS highlighted that gold has gained over 24% this year, driven by increased investment demand, and expects […] Source CryptoX Portal

Experts Hint a Mega Price Rally For Solana and GoodEgg Two Highly Anticipated Cryptos Set to Explode

Este artículo también está disponible en español. The cryptocurrency market is heating up as experts predict a massive price rally for two highly anticipated cryptos: Solana (SOL) and GoodEgg (GEGG). Both tokens have been gaining significant attention for their potential to deliver extraordinary returns, with  Solana (SOL) being a well-established player and GoodEgg making waves as a newcomer in the AI dating space. Investors are watching closely as these two projects prepare for what could be explosive growth in the coming months. Solana: A Rally in the Making?  Solana (SOL)…

Uniswap (UNI) Rally Is Picking Up Momentum As Holders Also Purchase Mpeppe (MPEPE) For Explosive Gains

Este artículo también está disponible en español. Uniswap (UNI), one of the leading decentralized exchanges, is gaining significant traction as its recent rally picks up speed. Investors are flocking to Uniswap (UNI) for its innovative platform that allows users to trade a wide variety of cryptocurrencies without intermediaries. As Uniswap (UNI) continues to rally, many holders are also diversifying their portfolios by investing in Mpeppe (MPEPE), a meme coin that has been tipped for explosive growth. Mpeppe (MPEPE): Tapping into the Power of Memecoins Mpeppe (MPEPE) is making waves in…

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…