[ad_1] Este artículo también está disponible en español. According to Tony Severino, a crypto analyst on X (formerly Twitter), the Bitcoin price could surge significantly to $120,000 by next week. The analyst has grounded his bullish projection on Bitcoin’s daily Bollinger Bands (BB), highlighting that these indicators are expanding while BTC displays a similar price action observed in 2023. BTC Price Targets $120,000 ATH On December 12, Severino shared a chart demonstrating a technical analysis of Bitcoin using the Bollinger Bands and a historical correlation of late 2023 price behavior. The analyst predicted that if history repeats itself, the Bitcoin…
Author: dfrancis36
[ad_1] An American global chipmaker lost its bid to stop a 2018 class action lawsuit against it after the higher court dismissed its appeal. Nvidia lost its legal battle to dismiss a cryptocurrency fraud case filed by shareholders after the US Supreme Court ruled that it would no longer entertain the appeal of the chipmaker. Appeal Denied The US Supreme Court announced that it will no longer entertain the appeal sought by American chipmaker Nvidia regarding its securities fraud lawsuit. Consequently, the Supreme Court kept the earlier ruling of a lower court that permits the 2018 class action lawsuit to proceed.…
[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] A widely followed crypto analyst is highlighting whale activity surrounding popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week’s market dip. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 98,300 followers that deep-pocketed investors have loaded up on smart contract platform Cardano during the last two days. “Cardano whales bought over 80 million ADA in the last 48 hours!” Source: Ali Martinez/X Cardano is trading for $1.14 at time of writing, a 6.22% decrease during the last 24 hours. Moving on to the dog-themed…
[ad_1] Key Takeaways:Advised by the Trump family, the DeFi project World Liberty Financial actively converts its stablecoins into ETH, with total holdings now reaching an impressive $55 million.This demonstrates the project’s strong belief in ETH’s growth potential, especially compared to stablecoins.While the project invests heavily in ETH, Trump and his son continue to make statements favoring Bitcoin, creating an intriguing contrast.IntroductionThe cryptocurrency market is witnessing some truly exciting developments. While Bitcoin continues breaking records, another “big player,” Ethereum (ETH), is attracting significant attention from a DeFi project linked to former U.S. President Donald Trump. Specifically, the World Liberty Financial (WLFI)…
[ad_1] Dan Morehead, founder and managing partner of Pantera Capital Management, has reiterated his bullish stance on Bitcoin, predicting that the pioneering cryptocurrency could eventually command a $15 trillion market cap. Morehead’s comments came during a recent interview on CNBC’s “Squawk Box,” where he also highlighted Pantera’s original Bitcoin fund surpassing a 1,000x return since its inception in 2013. $740,000 Per Bitcoin In April 2028? According to Morehead, institutional exposure to crypto is still woefully inadequate. He notes that “the median institutional ownership of blockchain is zero,” and even trailblazing investors typically hold just 1–2% of their allocations in digital…
[ad_1] Este artículo también está disponible en español. Dogecoin is testing demand above the $0.40 level following several days of consolidation below its yearly high of $0.484. This period of choppy price action has kept traders on edge, as Dogecoin’s price appears poised for a decisive move. Despite the temporary pause in upward momentum, market sentiment remains optimistic, with many investors anticipating another breakout. Related Reading Top analyst and trader Hardy recently shared a technical analysis highlighting Dogecoin’s potential for a massive price surge. According to Hardy, it’s only a matter of time before DOGE breaks into new all-time highs.…
[ad_1] In an important victory for the crypto industry, Rep. French Hill, a Republican from Arkansas, is expected to become the next chair of the House Financial Services Committee after being endorsed by the GOP’s steering committee. This move implies a favorable trend in cryptocurrency regulation under President-elect Donald Trump’s administration, which has already made key nominations to the US Securities and Exchange Commission (SEC), with crypto advocate Paul Atkins poised to oversee the agency. Furthermore, President-elect Trump announced his decision to appoint David Sacks, another proponent of digital assets, as the White House’s new “crypto czar” for his second…
[ad_1] Decentralized finance (DeFi) altcoin Velodrome Finance (VELO) is skyrocketing following a new listing from the world’s largest crypto exchange by trading volume. Earlier today, Binance announced the addition of VELO to the crypto exchange. “Binance is excited to announce that Velodrome Finance (VELODROME) will be added to Binance Simple Earn, ‘Buy Crypto’, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures at the respective dates and timings listed below.” According to the announcement, Binance’s Simple Earn will list VELO Flexible Products for subscription today. Binance users will be able to purchase VELO on Monday, December 16th. VELO has almost…
[ad_1] Este artículo también está disponible en español. A crypto analyst has shared an XRP price chart, hinting at a potential breakout above $10 if the prominent altcoin can replicate a past fractal. The analyst urges the XRP community to monitor this fractal closely, highlighting the need to monitor price movements in the coming weeks. XRP Price Eyes $16 As Analyst Spots Bullish Fractal An XRP supporter on X (formerly Twitter), known as ‘LUDXRP,’ has released a detailed chart analysis, predicting that the XRP price could climb to an ambitious price target of $16.15. The analyst mentioned the presence of…