This past week in the crypto world saw Bitcoin, XRP, and Shiba Inu take center stage, with Bitcoin showing promising developments for its future. BTC miner MARA announced a significant fundraising plan to boost Bitcoin purchases, while MicroStrategy made headlines by buying over 15,000 BTC. Meanwhile, XRP gained traction as it climbed past Solana and ...
Bitcoin has been experiencing significant price fluctuations, struggling to surpass the crucial $100,000 mark. Despite facing resistance, the cryptocurrency has shown impressive growth, rising 50% since early November. Analyst Axel Adler emphasizes the Bitcoin Price Temperature, currently at 3.2 degrees, indicating rising Market activity. Historically, higher levels often correlate with substantial price increases. Adler predicts ...
Crypto stocks surged on Thursday after Bitcoin soared to a record high of over $100,000, fueled by president-elect Donald Trump’s announcement to nominate Paul Atkins, a crypto-friendly figure, to lead the SEC. Notable gains were seen in major stocks: Coinbase rose by 5%, MicroStrategy by over 8%, and Riot Platforms by more than 6%. Under ...
Ripple’s XRP is experiencing a significant surge, with whales accumulating over $1.8 billion in tokens as weekly active addresses increased by 200%. Recently, WisdomTree filed for an XRP ETF with the SEC, indicating growing institutional interest. Investors have realized more than $2.7 billion in profits following a large token unlock by Ripple, leading to a ...
In a recent roundup of crypto news, XRP reached $2 for the first time in six years, marking a major milestone for the token. This surge comes amidst discussions of a new stablecoin from Ripple and ongoing legal matters with the SEC. Meanwhile, the SHIB community made headlines by burning over 1 billion SHIB tokens ...
Bitcoin has experienced a remarkable surge of 39.72% in the last month, reaching an all-time high of $99,800 following the U.S. presidential elections. However, it has since seen a Market correction, currently sitting at $90,742. Despite this volatility, analyst Ali Martinez believes Bitcoin could rally further in December, possibly hitting between $125,000 and $140,000 based ...
This week in the cryptocurrency Market saw significant movements, particularly for Ripple’s XRP, which surged nearly 30% in price amid positive legal developments favoring the company. The ongoing lawsuit against the SEC is nearing a resolution, sparking investor optimism. Meanwhile, Shiba Inu (SHIB) gained traction with a notable increase in its burn rate and ecosystem ...
UBS Head of Credit Strategy Matthew Mish believes a red sweep in the upcoming elections would be beneficial for credit spreads, indicating a positive outlook overall. Meanwhile, CreditSights Global Head of Strategy Winnie Cisar advises investors to look beyond the election noise. They shared these insights during an interview with Sonali Basak on "Bloomberg Real Yield."
Investors who have been hedging against a possible drop in US Treasuries are bracing for market volatility. This comes as they await the upcoming US employment report, influenced by hurricanes and strikes, which will provide crucial insights before next week’s Federal Reserve policy decision.
Gold prices rebounded after experiencing their largest one-day drop since July. Traders are closely monitoring the upcoming US jobs data while also considering potential market disruptions as the presidential election approaches.
