XRP, the cryptocurrency from Ripple, is generating excitement in the Market after a remarkable price increase from $0.50 to $2.41, marking a 292.55% rise this year. Analysts are optimistic about XRP’s future, predicting it could reach $4 following a brief Market correction. Ripple’s recent approval of the RLUSD stablecoin demonstrates its commitment to expanding in ...
Steven Cress is the Vice President of Quantitative Strategy and Market Data at Seeking Alpha. He created the platform’s quantitative stock rating system and various analytical tools to help investors. His work simplifies investment research, providing daily updated stock trading recommendations. Before joining Seeking Alpha, he founded CressCap Investment Research and led Cress Capital Management, ...
Andrew Hecht, a seasoned Wall Street professional with 35 years of experience, specializes in commodities and precious metals. He leads The Hecht Commodity Report, a comprehensive service that tracks the Market movements of 20 different commodities. Subscribers benefit from informed insights, including bullish, bearish, and neutral Market calls, along with tailored trading recommendations. Andrew actively ...
Bitcoin has soared past the $100,000 mark following the release of November’s inflation data, which met expectations with a yearly increase of 2.7%. This has led many investors to speculate that the Federal Reserve may lower interest rates by 25 basis points soon. The overall cryptocurrency Market also surged by over 4%, with popular altcoins ...
As Bitcoin surpasses $100,000, many potential investors are questioning whether it’s still a good time to buy. Cryptocurrency, primarily Bitcoin, remains a highly volatile and speculative investment option, with experts divided on the timing for new investors. Some suggest it’s not too late to enter the Market, viewing crypto as the modern equivalent of the ...
Eric Jackson, founder and President of EMJ Capital, recently shared insights on Alphabet’s new quantum computing chip, Willow, suggesting it could rival Bitcoin and Nvidia. He believes quantum computing marks a significant technological leap, offering advanced problem-solving and faster computations. While the threat to Bitcoin from quantum technology isn’t immediate, Jackson warns that current encryption ...
Peter Schiff, a well-known cryptocurrency skeptic, has expressed doubts about Jim Cramer’s optimistic views on Bitcoin, particularly after it recently surpassed the $100,000 mark. Schiff argues that Cramer’s bullish remarks resemble those typically made at Market peaks, suggesting that they might indicate a price drop is imminent. Cramer, on his CNBC show Mad Money, celebrated ...
MicroStrategy, a leader in data analytics, has made headlines for transforming most of its cash reserves into Bitcoin. This bold move, initiated in 2020, has significantly benefitted investors, with a whopping $40,000 investment turning into $1.08 million in just five years. However, analysts caution that achieving such extraordinary returns again may not be realistic in ...
Cryptocurrency investors often miss out on significant opportunities by solely identifying with their assets and hesitating to take profits, says David Kalk, chief investment officer at Reflexive Capital. With extensive experience in traditional markets, Kalk aims to introduce institutional-risk management to the crypto space. He notes that many Market participants take a “HODL” approach, clinging ...
Bitcoin is currently experiencing significant price fluctuations, especially around the $100,000 mark, which it has struggled to break through multiple times. Despite this volatility, the price has surged by 50% since early November, attracting investor interest. Top crypto analyst Axel Adler points out that the Bitcoin Price Temperature, which indicates Market activity, has reached 3.2 ...
