[ad_1] Following the events of the past week, it is more of a matter of “when” rather than of “if” the Bitcoin price will hit a historic six-figure value. The crypto commentary channels and waves have been largely occupied with the premier cryptocurrency potentially reaching $100,000 over the last few weeks. A six-figure value for BTC is not only an impressive milestone for the entire crypto industry but also one that comes with “unfavorable” events such as liquidations for short traders. Here is an on-chain insight into “what next” if the Bitcoin price climbs above $100,000. What’s Next For BTC’s…
Author: dfrancis36
[ad_1] The layer-1 blockchain Cardano (ADA) is primed to continue its long-awaited price surge, according to a popular crypto analyst. The digital asset trader Ali Martinez tells his 87,300 followers on the social media platform X that whales and “institutional players” have been buying into the Ethereum (ETH) competitor in anticipation of further price increases. “The volume of large Cardano ADA transactions on the network has surpassed $22 billion per day. Those large transactions appear to be related to high accumulation levels. Indeed, whales holding from $1 million to over $10 million in ADA have increased their positions by more…
[ad_1] The crypto market has been on an uptrend following the US elections in early November. In particular, the altcoins have responded quite positively to the election of pro-crypto candidate Donald Trump as the next US President. XRP, ADA, TON, Others Stand Out Amidst Bullish Altcoins Performance In its weekly report on November 22, blockchain analytics firm CryptoQuant reported that several altcoins have experienced large price spikes after the US Presidential election on November 5. The analytics firm reports that daily spot trading volume in the altcoin market reached $18 billion on November 11, the highest since early August, indicating an…
[ad_1] Crypto advocacy group Blockchain Association has reached out to US President-elect Donald Trump and the newly elected US Congress on ways to create a favorable regulatory environment for the digital asset industry. Trump’s Ideal Crypto Priorities For First 100 Days: Blockchain Association Generally, Trump’s electoral manifesto included strong support for the crypto space by creating a National Bitcoin Reserve, promoting Bitcoin mining, etc. However, the Blockchain Association, which consists of 100 member organizations, has outlined five steps for the incoming administration to provide immediate support for the nascent industry. The advocacy group emphasizes that these steps be implemented in…
[ad_1] Chainlink (LINK) is experiencing significant growth in the cryptocurrency sector, with a 20% increase in value in just one week and a potential change in its long-term trajectory. For months, the cryptocurrency has been on a downward trajectory; however, it is currently exhibiting significant signs of recovery. The next significant level for LINK is $17, and investors and experts are closely monitoring the stock. Chainlink has begun to draw the attention of both institutional and retail investors after breaking out of a falling channel and passing key exponential moving averages. This technical breakout could pave the way for even…
[ad_1] Crypto analyst Behdark has predicted that the XRP price can reach $28. This prediction follows his Elliot Wave theory analysis, which also showed when the crypto will reach this double-digit price target. When XRP Price Will Reach Double Digits In a TradingView post, Behdark’s Elliot Wave theory analysis showed that the XRP price can reach double digits by 2026. The analyst’s accompanying chart showed that the first double digits target for XRP will be $15, after which the crypto could eventually rally to $28. Behdark also provided more insights into XRP’s current price action and why this rally could…
[ad_1] An asset tokenization altcoin is surging after announcing a new partnership with a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). Earlier this week, asset tokenization platform Sologenic (SOLO) announced a partnership with Texture Capital, a US-based broker-dealer that specializes in blockchain technology and digital assets. News of the collaboration served as a catalyst for the platform’s native asset, SOLO, to skyrocket from a price of $0.29 on November 21st to a price of $0.83. It has since stabilized and is trading for $0.77 at time of writing, an increase of over 110% during the last 24…
[ad_1] XRP remains one of the crypto market’s current trailblazers rising by 23.21% in the past 24 hours. Over the last two weeks, the prominent altcoin has recorded a 154% price gain establishing itself as the sixth-largest cryptocurrency with a market cap of $89.82 billion. With this current momentum and the crypto bull season still in its early stages, analysts remain highly bullish on XRP’s potential to reach lofty price levels. Can XRP Repeat 2017 Historical Price Movement? In an X post on November 22, an analyst with the username CryptoBull stated that XRP could trade at $40 over the…
[ad_1] Commissioner Jaime Lizárraga of the Securities and Exchange Commission will step down on January 17th, three days before incoming US President Donald Trump’s inauguration. In an interview with Bloomberg Law, the former congressional aide said he plans to leave the SEC to spend more time with his family and attend to the needs of his wife, who’s battling breast cancer. Lizárraga’s announcement comes days after SEC Chairman Gary Gensler announced on Twitter/X that he’s stepping down this January 20th, in time for Trump’s second inauguration. Lizárraga’s departure will leave just one Democrat on the agency when Trump starts his…
[ad_1] The price of Bitcoin picked up this week from where it left off in the previous week, forging successive all-time highs in the past seven-day span. Over the last few days, the big question on everyone’s mind has been — when will the premier cryptocurrency surpass the $100,000 level? While most investors are worried about a short-term target, some market participants are more concerned about the long-term prospects of the world’s largest cryptocurrency. According to the latest on-chain data, it appears that the price of Bitcoin could see a shakeout sooner than expected. Will The Rising Bullish Sentiment Sustain…