Bitcoin critic Peter Schiff has doubled down on his stance, this time claiming the flagship cryptocurrency is in a bear market. However, the crypto community pushed back against his remarks, with many arguing that his analysis relied too heavily on short-term data. BTC Down 20% against Gold The economist dismissed Bitcoin in a September 24 […]
Tether is evaluating a raise from “a selected group of high-profile key investors,” to maximize the scale of the company’s strategy across all existing and new business lines, “by several orders of magnitude,” stated CEO Paolo Ardoino on Wednesday. The stablecoin issuer is looking to raise between $15 billion and $20 billion for a roughly […]
XRP’s price retreat, its chances for a comeback, and the revival of some important metrics. These are some of the main topics we will cover in the following lines. The Resurgence of the XRP Ecosystem Several key XRP-related metrics have experienced a substantial resurgence recently, indicating a growing demand for the asset and increased network […]
Ripple is executing a strategic pivot that could redefine the role of Ripple (XRP) in global finance. Alexis Sirkia, Captain of the Yellow Network, believes the launch of Ripple USD (RLUSD) and the first U.S.-based XRP ETFs could reignite transaction volume on XRPL. RLUSD-XRP Synergy Fuels Liquidity and Adoption Sharing his views with CryptoPotato, Sirkia […]
Powell delivered a speech at the Greater Providence Chamber of Commerce on Tuesday, outlining the central bank’s economic outlook, which could heavily impact risk-on assets such as crypto. He said that GDP growth has moderated to around 1.5% in the first half of the year, down from 2.5% last year, and unemployment remains low at […]
“I think we’re going to see a *MASSIVE* move up by Bitcoin soon,” said crypto analyst ‘Colin Talks Crypto’ on X on Monday. He added that we are at a “pivotal moment right now,” and BTC is “going to soar soon, and not look back.” The bullish prediction came as Bitcoin tanked around $4,000 from $116,000 […]
TL;DR ADA forms an ascending triangle with $0.95 resistance; breakout could push price toward $1.20. Whale wallets sold 160 million ADA in four days, as the price slipped by 5% weekly to under $0.82. Cardano’s eUTXO model could attract long-term attention for its structured transaction execution. ADA Nears Key Resistance in Ascending Triangle Cardano (ADA) […]
TL;DR XLM holds firm at $0.35, setting up for a potential triangle breakout to $0.50. MACD and RSI show weakening momentum, with bears still controlling the daily trend. Open interest on XLM futures has decreased after a sharp spike last month. XLM Holds Near Key $0.35 Level Stellar (XLM) is trading at $0.36 after falling […]
Digital asset investment products logged their second straight week of inflows as they collectively pulled in $1.9 billion. The surge followed the US Federal Reserve’s long-anticipated interest rate cut last week. Investors were initially hesitant and treated the move as a “hawkish cut,” but sentiment improved as the week progressed. By Thursday and Friday, inflows […]
Arthur Hayes has sold more than 96,000 HYPE tokens on Sunday for $4.8 million, according to Hypurrscan. Lookonchain reported that he made $823,000 in profit on the trade. “Need to pay my deposit on the new Rari 849 Testarossa,” said Hayes on Sunday. Ferrari unveiled the new plug-in hybrid in Milan this month, and the 1,036-horsepower […]