Tag Archives: crypto news

MicroStrategy’s Bankruptcy Risk: CEO Warns Bitcoin Must Drop To $16,500 To Trigger Collapse

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MicroStrategy, the business intelligence firm co-founded by Bitcoin bull Michael Saylor, has significantly ramped up its Bitcoin acquisition strategy, surpassing 400,000 BTC in holdings.  However, concerns about the company’s financial stability tied to the Bitcoin price have emerged, particularly from Ki Young Ju, CEO of CryptoQuant. Ju cautioned that while the prospect of MicroStrategy facing… Continue reading MicroStrategy’s Bankruptcy Risk: CEO Warns Bitcoin Must Drop To $16,500 To Trigger Collapse→

Ethereum Price Crash Incoming? Tron’s Justin Sun Unstakes $209 Million ETH From Lido Finance

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The Ethereum price could face some turbulence, as Bitcoin (BTC) and Dogecoin (DOGE), the Ethereum price has had a relatively muted performance, skyrocketing to $4,000 before consolidating and struggling to move higher. With the possibility of more sell-offs, Ethereum could see its price crashing down if Sun decides to dump more coins.  Justin Sun Dumps… Continue reading Ethereum Price Crash Incoming? Tron’s Justin Sun Unstakes $209 Million ETH From Lido Finance→

Bitcoin Price Moves Similarly To The Elliot Wave Count From 2017, Why Price Can Jump Another 80%

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Crypto analyst Tony Severino has drawn a similarity between the current Bitcoin price action and that of the 2017 bull run. Based on these similarities, the analyst raised the possibility of the flagship crypto witnessing an 80% surge from its current level.  Bitcoin Price Eyes 80% Surge If History Repeats Itself In an 2017 bull… Continue reading Bitcoin Price Moves Similarly To The Elliot Wave Count From 2017, Why Price Can Jump Another 80%→

HYPE Frenzy: New Altcoin’s 200% Surge Vaults Past NEAR’s Market Cap

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A new altcoin, Hyperliquid (HYPE), is rapidly making waves in the cryptocurrency market, now ranking as the 28th largest cryptocurrency by market capitalization. This ascent has seen HYPE surpass established coins like Near Protocol (NEAR), with its value soaring by 204% in just two weeks, bringing its market capitalization to around $8.93 billion. Exploring The… Continue reading HYPE Frenzy: New Altcoin’s 200% Surge Vaults Past NEAR’s Market Cap→

Ethereum Reaches $4,100 For The First Time In Over Three Years, Aiming For $5,000 Next

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For the first time in over three years, Ethereum (ETH) has reached the significant price milestone of $4,100. This level has proven to be a key resistance point for investors, especially as the leading altcoin struggled to breach it during the bullish momentum experienced in the first quarter of this year. Poised For Rally If… Continue reading Ethereum Reaches $4,100 For The First Time In Over Three Years, Aiming For $5,000 Next→

Time To Sell XRP? Price Completes Head And Shoulder Pattern, Suggesting Crash To $2.2 Is Imminent

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Crypto analyst TradinSides has suggested that it might be time for investors to start closing their XRP long positions. This came as the analyst revealed a bearish pattern, which showed that the XRP price could witness a significant crash.  XRP Price Could Crash As Head And Shoulder Pattern Forms In a TradingView post, TradinSides predicted… Continue reading Time To Sell XRP? Price Completes Head And Shoulder Pattern, Suggesting Crash To $2.2 Is Imminent→

XRP Price Targets $3.34 After Corrective Downtrend Within Descending Channel

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The XRP price has been trading on a consolidation path after reaching a six-year high of $2.9 on December 3. The cryptocurrency has struggled to maintain upward momentum, and recent analysis points to the playout of a descending channel. According to an analysis on TradingView, XRP’s price movement suggests a corrective downtrend confined within a… Continue reading XRP Price Targets $3.34 After Corrective Downtrend Within Descending Channel→

Extremely Bullish 88-Day Structure Appears On Bitcoin Price Chart After Hitting $105,000 ATH

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The Bitcoin price has continued its foray above the $100,000 threshold and is currently trading around new all-time highs. Following its recent surge to an all-time high (ATH) above $106,000, the Bitcoin price has played out an interesting pattern on the 1-day candlestick timeframe, which points to an extremely bullish outlook for the leading cryptocurrency.… Continue reading Extremely Bullish 88-Day Structure Appears On Bitcoin Price Chart After Hitting $105,000 ATH→

Crypto Watchlist: Top 5 Coins To Watch This Week

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The crypto ecosystem is on the cusp of yet another significant week, ushered in by several major developments taking place across different networks. This week’s spotlight falls on Bitcoin, Fantom, Avalanche, Stacks, and LayerZero, each of which is facing a pivotal milestone. The broader macro backdrop is also critical, particularly the December 18 Federal Open… Continue reading Crypto Watchlist: Top 5 Coins To Watch This Week→

National Bitcoin Reserve Initiative: MP Satoshi Hamada Urges Japan To Take Action

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In a notable development for the cryptocurrency landscape, Japanese Member of Parliament Satoshi Hamada has urged his government to establish a Strategic Bitcoin Reserve, aligning Japan with a growing global trend where nations like the United States are exploring similar initiatives.  Bitcoin Adoption Surges Among Nations And Major Corporations Hamada’s proposal reflects a broader interest… Continue reading National Bitcoin Reserve Initiative: MP Satoshi Hamada Urges Japan To Take Action→