VanEck Sees Bitcoin As Key Global Reserve Asset, Projecting $3 Million Price Tag By 2050
As Bitcoin rebounds from its brief correction and approaches the $70,000 mark, Matthew Sigel, head of digital asset research at asset manager and crypto ETF issuer VanEck, shared his insights on the cryptocurrency’s potential trajectory in light of the upcoming US presidential election and broader economic factors in a recent CNBC interview. Bitcoin Recovery Tied…
Analyst Says XRP Price Is Ready For A Breakout As Metrics Turn Bullish, What To Expect
Crypto analyst Random Crypto Pal has predicted that the XRP price is finally ready for a breakout, just as on-chain metrics turn bullish. With a breakout on the horizon, the analyst also provided insights into price targets that XRP could hit as it moves to the upside. XRP Price Ready For A Breakout Random Crypto…
Is Bitcoin Ready To Break Through $70,000? Analyzing The Next Steps For The Crypto Leader
As the US presidential election draws near, Bitcoin has briefly surged to the $70,000 mark for the first time in over five months. This milestone coincides with former President Donald Trump leading in polls against Vice President Kamala Harris, setting the stage for potential shifts in the cryptocurrency landscape depending on the election outcome. $70,000…
Bitcoin Price To Go ‘Vertical’ Towards $200,000 As Crypto Analyst Points Out Massive Cup And Handle Pattern
The Bitcoin price could see its price surging dramatically to $200,000, with the formation of a new Cup and Handle pattern. While the pioneer cryptocurrency has been slowly recovering from bearish trends to reach the $70,000 mark, a rally to $200,000 would mark a historical milestone and a new All-Time-High (ATH) for BTC. Technical Pattern…
Tether Defends Its Record, Blasts WSJ For ‘Irresponsible Reporting’
In a recent report by the Wall Street Journal (WSJ), it was alleged that Tether is currently under federal investigation for potential violations related to sanctions and anti-money laundering (AML) regulations in the US. The inquiry, reportedly led by prosecutors from the Manhattan US Attorney’s Office, is said to focus on whether Tether’s stablecoin, USDT,…
Dogecoin Price Flashes Bullish Pennant On Daily Heikin Ashi Chart, What This Means
Crypto analyst Trader Tardigrade has drawn the community’s attention to a bullish pattern on the Dogecoin price chart. Based on this development, the analyst provided insights into how high the Dogecoin price could rise in the short term. Dogecoin Price Flashes Bullish Pennant Trader Tardigrade revealed in an X post that the Dogecoin price has…
Bitcoin Price To See 70%+ Powerful Bull Wave To Push It Over $100,000, How High Can It Go?
The Bitcoin price is slowly breaching the $70,000 mark, showcasing steady upward momentum despite downward pressure from the bearish performance of the US equities market. Taking note of Bitcoin’s recent price movements, a crypto analyst has suggested that the pioneer cryptocurrency could be gearing up for a strong bull wave that could drive its price…
Bitcoin As National Reserve Asset: Key Insights From Forbes On Central Banks Interest
A recent report published by the Bitcoin Policy Institute (BPI) and highlighted by Forbes explores the growing discussion around Bitcoin as a viable reserve asset for central banks. Authored by Dr. Matthew Ferranti, a Harvard-trained economist and former member of the White House Council of Economic Advisers, presents several compelling arguments for why central banks…
Bitcoin Price Retests Bullish Channel At $65,000, Analyst Reveals What’s Next
Crypto analyst MMBT Trader has revealed that the Bitcoin price is retesting a bullish channel at the $65,000 price level. He further mentioned what market participants should expect if the flagship crypto holds above or breaks below this bullish channel. Bitcoin Price Retesting $65,000 And What Could Come Next MMBT Trader mentioned in a TradingView…
Ethereum Price At $10,000: Symmetrical Triangle Breakout Predicts Big Gains
The Ethereum price is signaling a potential breakout based on recent price movements. According to Trader Tardigrade, a crypto analyst on X (formerly Twitter), Ethereum could see its value reaching new all-time highs of around $10,000 if it can successfully break out of its current symmetrical triangle formation. ETH Triangle Breakout Targets $10,000 Trader Tardigrade…