Peter Brandt, a veteran trader, is skeptical about Bitcoin’s optimistic predictions following its rise to over $97,000. His technical analysis suggests that Bitcoin may struggle to exceed the $200,000 mark before 2030. While Bitcoin has shown a slight daily gain, it has declined over the week, indicating potential challenges ahead. Brandt points to significant resistance ...
The White House Watch newsletter offers insights into what the 2024 US election means for Washington and the world, and it’s available for free. It discusses the implications of President Trump’s shifting stance on cryptocurrencies, which have gained popularity under his administration. Despite some regulatory support, concerns about the speculative nature of cryptocurrencies remain. The ...
Just days before his inauguration, President Donald Trump introduced a new cryptocurrency called $TRUMP, which quickly made him appear to be among the world’s wealthiest individuals, with an estimated worth of $58 billion linked to the memecoin. Despite its initial hype, concerns have arisen over the potential risks and ethical implications of such crypto ventures, ...
Hailey Welch, known as the Hawk Tuah Girl, launched her highly anticipated memecoin $HAWK, which initially skyrocketed to $500 million but dramatically plummeted to $60 million within just 20 minutes. Many of her fans, who had invested their life savings into the coin, are now in financial distress and accusing her of a “rug pull” ...
In a remarkable move, over 55,000 BTC, worth around $5.34 billion, were withdrawn from exchanges in just 72 hours, indicating strong demand and accumulation among investors. Currently, Bitcoin’s Fear & Greed Index shows “extreme greed,” a sign that may foreshadow Market corrections based on historical trends. With Bitcoin surpassing $99,000, exchange reserves are at their ...
