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…
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…
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,…
Shiba Inu Inflows Soar 555% In 3 Months – Will The Momentum Continue?
Known meme coin Shiba Inu (SHIB) is hogging the headlines; massive accumulators are increasing efforts due to a volatile market. The latest data shows inflow from large holders has increased by 555% within the last 90 days, which means major stakeholders are taking positions to capitalize on an expected increase in value. This is especially…
Against All Odds: Solana (SOL) Breaks Past $176 In 3-Month Push
The Solana native coin is generating news as it goes against the trend, lately surpassing $176 in a move that has piqued the crypto world’s interest. This gain is especially surprising given the sour mood around the crypto just weeks ago, with several analysts predicting the altcoin would suffer. But Solana has defied the odds, increasing…
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…
Would Bitcoin Reclaim $70,000 Soon? Key Data Suggests New Investors Hold the Key
Bitcoin recent decline has led to a slight pushback in investor confidence and increased anticipation within the crypto community, with many now craving a rally back above $70,000 more than before. Amid this, a new analysis suggests that although the Bitcoin market could be on the brink of a major breakout, it hinges on a…
XRP Could Rally 27% This Week In ‘Tremendous Move’, Analyst Says
The price estimate for XRP indicates a possible increase of 17%, perhaps attaining around $0.621196 by November 23, 2024, data from CoinCodex shows. Despite this favorable projection, the prevailing market sentiment is pessimistic, reflecting apprehension among investors. The Fear & Greed Index stands at 69, indicating a market characterized by greed, which frequently results in…
Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?
Recent on-chain data has revealed a new milestone for Bitcoin whales, i.e., addresses holding at least 1,000 BTC. Notably, the data for Bitcoin whales shows the number of addresses in this category is now at its highest point since the January 2021 bull market levels. With Bitcoin still trading close to its all-time high, this…
Market Expert Predicts Bitcoin Could Reach $100,000 Within 90 Days
Despite the Bitcoin price consolidating between $65,000 and $68,000 over the past few days, analysts are increasingly optimistic about the potential for upward movement and new all-time highs for the largest cryptocurrency on the market in the coming months. Bitcoin Surge Regardless Of US Election Outcome In a recent social media post on X (formerly…