[ad_1] Este artículo también está disponible en español. Bitcoin has shattered its all-time high, reaching $106,500 just a few hours ago, setting the stage for an even bigger move. After trading in a sideways range within an ascending triangle for weeks, the price finally broke through the crucial $103,600 resistance level established on December 5. This breakout has sparked renewed excitement, with traders and investors now eyeing Bitcoin’s next potential targets. Related Reading Top analyst Jelle shared his insights on X, highlighting that Bitcoin’s breakout from the ascending triangle is a clear bullish signal. According to his technical analysis, the…
Author: dfrancis36
[ad_1] A few days after obtaining the approvals in New York, Ripple has warned that its stablecoin might experience volatility when it hits the market. David Schwartz, the company’s Chief Technology Officer, also cautioned investors about potential supply shortages while advising against fear-of-missing-out (FOMO) behavior.High Pre-Launch BidsSchwartz’s remarks followed reports of unusually high pre-launch bids for RLUSD, the USD-pegged stablecoin designed for Ripple’s cross-border payment solutions. Ripple mentioned that the volatility, which hints at heightened speculative interest, will fade. In a post on social media X, it assured users that the stablecoin will stabilize once it achieves equilibrium in supply…
[ad_1] As chill winds blow outside, the crypto market is heating up. With 2024 nearing a close, the cryptocurrency market is abuzz with talk of a ‘Santa Rally,’ spurred in large part by two pivotal developments. The first is Ethereum’s potential price surge to $5K on the back of a booming market. The second is the appointment of Paul Atkins as the new Chair of the US Securities and Exchange Commission (SEC), highlighting the increasingly crypto-friendly approach of the incoming Trump administration. Ethereum’s Prospective Price Surge Currently trading around $3.9K, Ethereum ($ETH) has shown robust performance, maintaining an upward trajectory…
[ad_1] When you start investing in crypto and it’s going well, it feels great. You see your winnings grow, and it looks like you have won the jackpot. But that euphoria can also make you want more and more. You are wondering:”Couldn’t I have made more profit if I had invested more? Or if I had gotten in earlier?”Those thoughts can keep you busy and sometimes even make you insecure about the choices you have made.Craving for success: advantage or pitfall?The success tastes like more, and that is very human. But it can also be a pitfall. You don’t want…
[ad_1] Este artículo también está disponible en español. Raoul Pal, the former hedge fund manager who retired at the age of 36 and now serves as the co-founder of Real Vision, a prominent financial media company, has given an update on his crypto portfolio. In a post on X today, December 16, Pal unveiled his concentrated investment strategy, highlighting Dogecoin as a central component of his crypto portfolio. Raoul Pal Stills Bets Big On Dogecoin “I have concentrated bets. This is my watch list. I won’t be the best performer and I won’t be the worst. Outside of this I…
[ad_1] Bitcoin soared past its $106K ATH late last night, tracking from a 50% price spike since the US election outcome due to Donald Trump’s crypto advocacy. Its upswing also follows anticipation of the Federal Reserve’s (Fed) upcoming interest rate changes, possibly a 25-basis-point cut during the Federal Open Market Committee (FOMC) meeting on December 18. Still, if it’s the last cut for a while (as anticipated), Bitcoin’s price might plummet while the US dollar and treasury yields rise. Luckily, the meme coin project Wall Street Pepe ($WEPE) offers trading insights that safeguard against market volatility. 97.1% Chance of Fed…
[ad_1] They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling…
[ad_1] The blossoming of blockchain technology and cryptocurrencies has sparked innovation across all industries, and travel is no exception. From cross-border payments to decentralized platforms, cryptocurrencies promise to make travel more efficient and inclusive. However, while the idea of crypto-travel is gaining momentum, its implementation faces major challenges that need to be addressed for widespread adoption. One platform taking steps to address these challenges is United Atlas. Using their example, we can break down what specific steps will bring cryptocurrency to greater adoption and create a whole new “crypto-travel” market. Main Challenges of Crypto-Travel 1- Lack of transparency in transactions…
[ad_1] A widely followed crypto analyst says that holders of smart contract platform Solana (SOL) may be due for the same pain Ethereum (ETH) traders felt during previous cycles. In a new interview on the Crypto Banter YouTube channel, popular crypto trader Benjamin Cowen says that Solana paired against Bitcoin (SOL/BTC) is printing the same patterns that ETH/BTC did years ago before stagnating. “A lot of these altcoins follow this pattern, and I want to show you this really interesting pattern by Solana… It’s following the same pattern so far – look at ETH/BTC. This was a 90% drop followed…
[ad_1] Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience…