Posts

Showing posts from November, 2024

Why Bitcoin could trade at $140,000 in December

Image
If Bitcoin (BTC) replicates past cycle performances, the asset could trade at $100,000 or higher in December. Notably, the cryptocurrency market remains on edge, anticipating Bitcoin’s push to the six-figure valuation amid the ongoing post-election rally. Historically, Bitcoin has shown a tendency to rally in December following the United States presidential election years. Specifically, during the last two such cycles, the cryptocurrency posted significant December gains of 30% and 46%. For 2024, on-chain cryptocurrency analyst Ali Martinez has suggested that history might repeat itself, potentially propelling Bitcoin to trade between $125,000 and $140,000 in December, he said in an X post on November 30. Picks for you Solana or XRP? We asked which crypto is a better buy for 2025 1 hour ago ...

XRP Price About to Hit $2, and BTC Price $100k This Weekend? Check These 2 Cryptos

Image
A strong indication of a bull market is upon the crypto space, evident from the surging prices of top altcoins and the frontrunner crypto Bitcoin. XRP, after years of legal battles and stagnancy, seems to have gained momentum as well, thanks to the current market sentiments. Alongside speculation for a massive XRP pump, investors have also been patiently waiting for Bitcoin to finally cross the $100k mark. This anticipation has resulted in the number of investors surging as well, with a majority looking for projects to make huge profits on. How Long Till XRP Hits $2? The market conditions have already been bullish, and XRP seems to have been announcing major developments one after the other. The mix of this may have heavily contributed to the pump that it has been recording up until now. The past two weeks also experienced a massive surge in whale activity, with a majority of top buyers restocking up on more and more XRP tokens. Santiment, the popular research company had shared in...

BRICS: 2 Countries Officially Abandon the US Dollar for Trade

Image
BRICS members Russia and Iran announced that they have officially abandoned the US dollar for trade between the two nations. Russia reported that 96% of all cross-border transactions between Iran have been settled in local currencies, the ruble and rial. In 2024, the usage of local currencies between Russia and Iran is up by 12.4%, making 96% of all settlements. Also Read: BRICS Determined to Trade In Local Currencies, Not US Dollar “We (BRICS members Iran and Russia) have entered into a currency agreement with Russia and fully removed the US dollar. Now we only trade in rubles and rials,” said the Governor of the Central Bank of the Islamic Republic, Mohammad Reza Farzin. However, both nations face sanctions as the White House has made it difficult to accept the US dollar. In July this year, both the BRICS countries agreed to a currency swap policy signed by the Russian and Iranian central banks. They also completed the integration of Russia’s Mir payment as a replacement ...

Shiba Inu: You Could Have Made $1 Million With Just $10 In SHIB

Image
There is no denying Shiba Inu’s (SHIB) legendary status among projects that have turned the average Joe into a multi-millionaire. The asset’s incredible rally during the 2021 bull run left many investors speechless. SHIB’s price skyrocketed by many million percent. The rally turned small investments into generational wealth. Also Read: Amazon: Can AMZN be the 4th Company to Hit $3T Market Cap? $10 In Shiba Inu Could Have Made You $1 Million If you purchased $10 worth of SHIB on Aug. 2, 2020, and sold them when SHIB hit an all-time high on Oct. 28, 2021, your investment would have been worth $1.03 million. Your portfolio’s value would have risen by 10,303,317.81% (10.30 million percent). Source: Changelly Also Read: De-Dollarization: Countries That Are Cutting Ties With the US Dollar SHIB’s price has fallen by more than 70% since its 2021 highs. If you had continues to hold the $10 worth of SHIB, the investment would have been worth $333,048 today. In this s...

Will the Thanksgiving rally finally push Bitcoin to $100,000?

Image
As Bitcoin trades above $95,000, a cryptocurrency on-chain analyst has highlighted specific technical indicators suggesting that the digital asset can hit the elusive $100,000.  This outlook aligns with the Thanksgiving holiday season, which has historically been a foundation for Bitcoin to record price breakouts. To this end, the maiden digital asset has formed a narrowing wedge pattern—a technical setup characterized by converging trendlines that indicate a potential breakout. This pattern places the $99,000 target in sight, according to an Analysis by on-chain analyst Ali Martinez in an X post on November 28. Picks for you If you invested $1,000 in Bitcoin when Trump won the election, you’d now have this much 50 mins ago AI sets Bitcoi...

Just A Chill Guy Price Prediction: CHILLGUY Plunges 7% As Investors Flock To This Innovative Staking Meme Coin For 100X Potential

Image
The Just A Chill Guy price plunged 7% in the last 24 hours to trade at $0.6052 as of 11:28 p.m. EST on trading volume that climbed 15% to $329 million. Just A Chill Guy Price On A Sustained Bullish Trend The Just A Chill Guy price is moving within a clearly defined ascending channel, suggesting an overall bullish bias. However, the current price is nearing the mid-to-lower boundary of the channel, which could indicate a potential test of support. According to data from GeckoTerminal , the $0.25 support zone is forming a base for the bulls to continue pushing the price of CHILLGUY through a sustained rally within the channel. The Just A Chill Guy price now trades above the 50-day Simple Moving Average (SMA), supporting the sustained bullish trend on the 4-hour timeframe. The Relative Strength Index (RSI) is slightly above neutral (50), currently at 56, leaning towards bullish momentum but not overbought. This indicates the asset can move further upward without facing constraints f...

TRON Founder Justin Sun Becomes Biggest Investor in Donald Trump’s New Crypto Project

Justin Sun, the founder of the TRON (TRX) blockchain, has announced a multi-million dollar investment in World Liberty Financial, a decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. Sun says that TRON blockchain’s decentralized autonomous organization, TRON DAO, will invest $30 million in World Liberty Financial. “The US is becoming the blockchain hub, and Bitcoin owes it to Donald Trump! TRON is committed to making America great again and leading innovation. Let’s go!” TRON DAO is now the largest investor in the Trump-backed DeFi project. World Liberty Financial is built on the Ethereum (ETH) blockchain and intends to sell 20 billion WLFI utility tokens of the project for $0.015 each, potentially putting it on course to raise $300 million. According to the Ethereum blockchain explorer Etherscan, TRON DAO received two billion WLFI tokens from the DeFi project, representing a 10% stake in the World Liberty Fi...

5 Best Altcoins to Buy Now – 0x Protocol, aelf, KuCoin Token, Siacoin

Image
VeChain (VET) has experienced a strong resurgence, gaining 134% in value over the last three weeks. This recovery comes amid a broader crypto market rebound, which followed Donald Trump’s victory in the U.S. Presidential election. According to data from TradingView, VET has managed to bounce back after enduring a long bear market that saw its value drop by 90% over the past three and a half years. Meanwhile, investors seek more profitable altcoins to capitalize on the current upward market trajectory. In light of the positive crypto market wave, investors are searching for affordable tokens, particularly the best altcoins to buy now . 5 Best Altcoins to Buy Now The current price of 0x (ZRX) stands at $0.516835, showing a 2.14% gain over the past 24 hours. Over the last year, ELF has consistently grown by 35%. Similarly, Siacoin has recorded 19 “green days” over the past month. Meanwhile, KCS has achieved a 46% rise in value over the past year.   In other ...

The FBI’s Silk Road Bitcoin is now worth $6.4 billion

Image
The leading cryptocurrency in the world, Bitcoin (BTC) has made impressive strides when it comes to adoption. Whereas in 2024, BTC is available via exchange-traded funds (ETFs), serves as a store of value and hedge against inflation, and enjoys widespread mainstream popularity, in the last decade, it was quite obscure. Though unsavory, Bitcoin’s utility as a means of transfer for nefarious purposes is well-documented. This fact has been used (with little success) as an argument against the pioneering digital asset — but BTC has, in fact, been used for everything from the international drug trade to contract killings. A major blow against such unethical and illegal uses was made on November 3, 2020, when the United States Department of Justice (DOJ) and Internal Revenue Service Criminal Investigation (IRS-CI) unit seized 69,370 Bitcoins associated with the dark web marketplace Silk Road. As an interesting aside, one of the IRS agents presiding over the case was Tigran Gamba...

Pepe Coin Price Prediction – Is Now the Right Time to Buy $PEPE?

Image
$PEPE’s market cap hit $10.5 billion before a pullback, creating what many see as a potential strategic buying opportunity for investors. Pepe coin has maintained a strong presence in the cryptocurrency market, with recent developments and technical Analysis pointing to its continued potential for growth. The token has benefited from heightened visibility, with figures like Elon Musk referencing frog-themed tokens, which many interpret as indirect support for Pepe coin. Moreover, its recent listing on Coinbase has been instrumental in driving trading volume, solidifying $PEPE’s rank as the fifth most-traded meme token. However, Pepe coin, along with the broader meme coin market, experienced a double-digit decline as whales redirected funds to other sectors. According to the latest update from Spot On Chain, a whale recently sold 130 billion $PEPE tokens worth $2.71 million for 891 $ETH over the past three days. This sell-off has intensified Pepe coin’s decline, pus...

Michael Saylor's MicroStrategy Buys Another $5.4B in Bitcoin

Image
As the stock and the leading crypto continue to soar to new heights this year, Michael Saylor’s MicroStrategy has purchased another $5.4 billion worth of Bitcoin. Indeed, the business intelligence firm announced that it added 55,500 BTC to its stash in what is its biggest purchase to date. Saylor announced the purchase on X (formerly Twitter), with the firm paying $97,862 per BTC during the record-setting sale. The move only adds to the company’s ongoing Bitcoin acquisition strategy. To date, the firm holds a remarkable 386,700 BTC acquired for $21.9 billion. https://twitter.com/WatcherGuru/status/1861034136221159902 Also Read: Here’s Why You Need to Buy MicroStrategy Stock Before BTC Hits $100k MicroStrategy Keeps Growing BTC Stash, Adds $5.4 Billion in Bitcoin There is little argument that 2024 has been the biggest year in Bitcoin’s history. Not only did it completely change US investments into cryptocurrencies in becoming the first digital asset-based ETF, but...