Macro guru and Real Vision chief executive Raoul Pal says it is within the realm of possibility for crypto to witness an extended bull run this cycle. In a new video update, the ex-Goldman Sachs executive tells his 211,000 YouTube subscribers that the second phase of the “Banana Zone” – a term coined by him […]
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The U.S. could accumulate up to 400,000 bitcoins in 2025, a move Devere Group predicts could trigger a massive bull run and reshape global markets. Bitcoin Bull Run of Epic Size Incoming? How US Accumulation Could Spark It Nigel Green, CEO of Devere Group, an independent financial advisory firm, is forecasting that the U.S. could […]
Cryptocurrency will surge ahead in a multi-year bull market, defying Fed-induced volatility as institutional adoption, blockchain innovation, and ETF flows drive unstoppable momentum. Multi-Year Crypto Boom: The Forces Driving Unstoppable Growth Matt Hougan, chief investment officer at Bitwise Asset Management, reinforced his optimistic view on cryptocurrency’s long-term trajectory despite a sharp market downturn following the […]
There’s potential for a 2024 Santa Claus rally across the crypto markets. Historical trends, market factors and this year’s bull run could lead to significant gains.
Opinion by: Gracy Chen, CEO of Bitget
You’ve heard of the halvening and Uptober, but are you familiar with the other major calendar event when crypto is odds-on to go up? Say hello to the Santa Claus rally, bringing good tidings and cheer to traders worldwide. If all you want for Christmas is a screen-busting green candle for all your crypto bags, this is the seasonal event for you.
What’s the basis for believing in a Santa Claus rally, and is there any reason to think that 2024 will live up to previous years? Let’s examine the science behind this distinctively unscientific phenomenon.
According to data from CoinMarketCap, XRP has a maximum supply of 100 billion tokens, with approximately 57 billion XRP circulating.
XRP (XRP) experienced a historic rally in November 2024 due to political tailwinds and new ecosystem developments. Georgios Vlachos, co-founder of the Axelar open-source interoperability platform, told Cointelegraph that the upcoming RLUSD stablecoin will likely boost demand for XRP in 2025.
Vlachos said that many people, including those in emerging economies, use stablecoins as a method of transaction and a store of value. RLUSD transactions and remittances will mostly settle on the XRP Ledger (XRPL) and the XRP-EVM sidechain, driving demand for XRP. Vlachos told Cointelegraph:
XRP climbed to a seven-year high of approximately $2.90 on Dec. 3, 2024, but pulled back to current price levels after the Relative Strength Index (RSI) hit 95, indicating the asset was overbought. Despite the pullback, several catalysts have sustained investor attention for XRP going into 2025.
Ether is once again trading above $4,000 following months of disappointing price action and negative sentiment.
The price of Ether (ETH) has broken past the $4,000 price level following months of lackluster price performance — reclaiming levels not seen since March 2024.
The release of the Dencun upgrade in March 2024 dramatically lowered fees for Ethereum layer-2 scaling networks, causing Ethereum layer-1 revenues to collapse by 99%.
Decreased fees translated into reduced demand for the smart contract cryptocurrency. However, network fees began to rebound in September 2024.
The co-founders of market intelligence platform Glassnode say that once Bitcoin (BTC) hits the $100,000 milestone, investors could start taking profits. In a new thread, Glassnode founders Jan Happel and Yann Allemann – who go by the handle “Negentropic” – tell their 63,200 subscribers on the social media platform X that the crypto king could […]
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Bitcoin has reached a new all-time high (ATH), driven by strong demand in spot markets and a wave of institutional investments, as detailed in a report from Glassnode researchers Cryptovizart and Ukuria OC. Report: Bitcoin Soars as Institutional Demand Fuels Unprecedented Gains This ongoing bitcoin (BTC) rally highlights a clear favoring of spot purchases over […]
At press time, the crypto economy is cruising at $2.14 trillion, following a modest uptick Friday morning. There are 88 days left in the year, 32 days until the 2024 U.S. Election Day, and 34 days until the Federal Reserve’s next meeting. With numerous developments, including rising tensions in the Middle East, a variety of […]
A widely followed crypto analyst says that Bitcoin (BTC) is gearing up to reach a new all-time high (ATH) if it can break above one crucial resistance zone. In a new strategy session, pseudonymous crypto trader Inmortal tells his 216,300 subscribers on the social media platform X that if the top crypto asset by market […]
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