Cryptocurrency Market News – Page 158

BlackRock Declares Bitcoin The New ‘Gold Alternative’ – Here’s Why

Posted on October 8, 2024 by ante — No Comments ↓

BlackRock’s stance on cryptocurrencies—especially Bitcoin and Ethereum—has lately made headlines. While Ethereum is considered as a “technology bet,” the investment behemoth sees Bitcoin as a “gold alternative.” This point of view captures a major change in the way conventional finance is starting to welcome digital assets. The company’s findings show that people are becoming more… Continue reading BlackRock Declares Bitcoin The New ‘Gold Alternative’ – Here’s Why→

Analyst Foresees 90% Cardano Price Drop in Next 6 Months

Posted on October 7, 2024 by ante — No Comments ↓

Max Kaiser, a famous Bitcoin backer, recently caused a stir by saying that Cardano (ADA) could lose 90% of its value against Bitcoin in the next six months. His prediction has gotten a range of responses, from doubt to fun, especially from people who support the ADA like the Cardano Whale. Some people see this… Continue reading Analyst Foresees 90% Cardano Price Drop in Next 6 Months→

XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope

Posted on October 7, 2024 by ante — No Comments ↓

With about 16% of its value lost in October 2024 alone, XRP, the native coin of Ripple, has been under heavy assault this month. The US Securities and Exchange Commission’s (SEC) fresh appeal in its continuous action against Ripple is driving the price drop. Investors are left wondering about XRP’s future as the legal question… Continue reading XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope→

Crypto Analyst: Why Memecoins Are Still The Next 100x Opportunity

Posted on October 7, 2024 by ante — No Comments ↓

Over the past weekend, there was a notable rise in memecoin prices, driven by heightened social buzz and increased risk appetite among crypto investors. The concept of a “memecoin supercycle,” which posits that memecoins will lead the upcoming crypto bull run, gained traction on X. In this context, crypto analyst Kai (@Kaiwen0x) released a widely-shared… Continue reading Crypto Analyst: Why Memecoins Are Still The Next 100x Opportunity→

Starknet: Long Positions Liquidated Lead To 16% Losses

Posted on October 7, 2024 by ante — No Comments ↓

Starknet (STRK) faces huge losses as it follows the market-wide correction phase that shook investor portfolios. The unexpected movement caused the token to fall by nearly 16% causing a whopping $87k wipeout of STRK long positions in the past 24 hours. The market’s current positioning puts many investors at risk with big losses for the… Continue reading Starknet: Long Positions Liquidated Lead To 16% Losses→