Tag Archives: cryptocurrency

Crypto Market’s “Shallow Sell-Off” Indicative Of Strong Bid For Risk Assets: Trading Firm

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Crypto trading firm QCP Capital says the “shallow sell-off” in crypto markets following Iran’s recent attack on Israel indicates healthy market demand for risk-on assets. Crypto Market Remains Well Bid For Risk Assets Despite Iran launching over 180 missiles toward Israel yesterday, the sell-off in traditional financial (TradFi) assets was relatively muted. The S&P 500… Continue reading Crypto Market’s “Shallow Sell-Off” Indicative Of Strong Bid For Risk Assets: Trading Firm→

Ripple XRP Case: SEC Moves To Appeal Court Ruling

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In a significant move that could reshape the regulatory landscape for XRP and blockchain payments company Ripple, the US Securities and Exchange Commission (SEC) announced on Wednesday that it is appealing the court ruling limiting its authority over crypto markets.  The appeal targets a July 2023 decision by US District Judge Analisa Torres, which determined… Continue reading Ripple XRP Case: SEC Moves To Appeal Court Ruling→

XRP Open Interest Climbs To $1 Billion: What’s Driving Interest In The Token?

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Ripple’s XRP token amassed close to $1 billion in open interest over the weekend, while its price hovers around $0.61 at press time, data from CoinGlass shows. What’s Different About XRP Price Action? While the top two cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have been down 1.5% and 2.3% over the past week, XRP has… Continue reading XRP Open Interest Climbs To $1 Billion: What’s Driving Interest In The Token?→

Uptober Outlook: Why Bitcoin Could Reach $98,000 Following Bullish September

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Bitcoin (BTC), the largest cryptocurrency by market capitalization, recently celebrated a remarkable September, achieving a two-month high of $66,560 last Friday.  Although it fell short of its all-time peak of $73,700 in March, the strong performance in September has raised expectations for significant gains as the year draws close. Historical trends suggest that when Bitcoin… Continue reading Uptober Outlook: Why Bitcoin Could Reach $98,000 Following Bullish September→

Bitcoin May Peak Around $200,000 In Next 18 Months: CleanSpark CEO Tells Why

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Zach Bradford, CEO of Bitcoin (BTC) mining firm CleanSpark, has predicted that the premier cryptocurrency may peak close to $200,000 this cycle. Bradford’s Bullish Take On BTC Price In an led to several positive adjustments for BTC’s price.  It should be recalled that Bitcoin underwent its fourth halving in April 2024, when its block confirmation… Continue reading Bitcoin May Peak Around $200,000 In Next 18 Months: CleanSpark CEO Tells Why→

Crypto Guru Warns: Only 6 Years Left To ‘Make As Much Money As Possible’

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Raoul Pal, the founder of Real Vision and a recognized figure in the crypto community, has artificial intelligence (AI) and robotics. According to Pal, we are nearing what he terms the “economic singularity,” a point beyond which current economic, market, and business frameworks will no longer be applicable. “By about 2030, things are going to… Continue reading Crypto Guru Warns: Only 6 Years Left To ‘Make As Much Money As Possible’→

Former BitMEX CEO Arthur Hayes Backs Memecoin PEPE With $250,000 Bet

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Arthur Hayes, co-founder and former CEO of the cryptocurrency trading platform BitMEX, has recently made headlines with significant investments in the memecoin sector, particularly through his notable purchase of Pepe (PEPE).  Hayes’ optimism towards memecoins, expressed in a recent social media post on X (formerly Twitter), has coincided with a significant surge in PEPE’s value,… Continue reading Former BitMEX CEO Arthur Hayes Backs Memecoin PEPE With $250,000 Bet→

Bitcoin Set For Biggest September Gains In A Decade: Here’s Why

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Bitcoin (BTC) looks poised to record its best September in a decade, surging past $65,000. This uncharacteristic price appreciation could be attributed to several key factors. Reasons Behind Bitcoin’s Impressive September Gains Historically, September has consistently been the worst month for BTC in terms of price performance. However, the apex cryptocurrency is now on track… Continue reading Bitcoin Set For Biggest September Gains In A Decade: Here’s Why→

Grayscale’s Bullish Forecast: The Top 20 Crypto To Watch In Q4

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Crypto asset manager Grayscale has published an in-depth report outlining sectors poised for bullish growth in the final quarter of the year amid a notable recovery in the cryptocurrency market, particularly for major players such as Bitcoin (BTC) and various altcoins, which have reached price levels not seen in over two months. Grayscale Highlights Key… Continue reading Grayscale’s Bullish Forecast: The Top 20 Crypto To Watch In Q4→

Bitcoin Futures Under Pressure: $64,000 Support Critical To Avert Long Squeeze

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With Bitcoin (BTC) hitting a near three-month high of $66,000 on Friday, technical analyst InspoCrypto suggests that the BTC futures market is at a critical juncture, with the potential for further short squeezes and the importance of maintaining support around the $64,000 level. Divergence Despite BTC Uptrend The analyst recently noted in his writing that… Continue reading Bitcoin Futures Under Pressure: $64,000 Support Critical To Avert Long Squeeze→