US Bitcoin Reserve Could Trigger Bull Run of Epic Proportions

January 8, 2025 Bitcoin.com

Bitcoin

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 […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Crypto’s in Multi-Year Bull Market, and the Fed Can’t Stop It, Expert Says

December 20, 2024 Bitcoin.com

Bitcoin

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 […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

The 2024 Santa Claus rally is about to start

December 16, 2024 Coin Telegraph

Bitcoin

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.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

RLUSD stablecoin will increase demand for XRP — Axelar co-founder

December 15, 2024 Coin Telegraph

Bull run

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.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Ether price returns to $4K for the first time since March

December 6, 2024 Coin Telegraph

Ether price returns to K for the first time since March

Bull run

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.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Bitcoin Just a Step Away From a Major Bullish Milestone, Says Glassnode Co-Founders – But There’s a Catch

November 21, 2024 The Daily Hodl

Bitcoin

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 […]

The post Bitcoin Just a Step Away From a Major Bullish Milestone, Says Glassnode Co-Founders – But There’s a Catch appeared first on The Daily Hodl.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Bitcoin Frenzy Unleashed: Glassnode’s Study Shows 95% Supply in Profit

November 12, 2024 Bitcoin.com

Bitcoin

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 […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

BTC’s Future in Focus: 4 Key Factors That Could Drive or Stall Its 2024 Rally

October 4, 2024 Bitcoin.com

Bitcoin

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 […]

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Bitcoin Primed To Hit New All-Time High if BTC Breaks Above This Resistance Level, According to Crypto Analyst

October 4, 2024 The Daily Hodl

All time high

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 […]

The post Bitcoin Primed To Hit New All-Time High if BTC Breaks Above This Resistance Level, According to Crypto Analyst appeared first on The Daily Hodl.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

More Analysts Predict Gold Prices Could Reach $3,000 by 2025

September 17, 2024 Bitcoin.com

Analysts

The recent surge in gold prices to record highs has made analysts consider that the precious metal could register even higher levels during this and the next year. Some are even predicting that prices might reach the $3,000 mark, driven by even stronger central bank demand and incoming rate cuts. Gold Bulls Rejoice as Analysts […]

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