Bukele celebrated the recent bitcoin rally and the $100K milestone, posting a screenshot of El Salvador’s bitcoin investment unrealized gains. Fighting tooth and nail against naysayers, including institutions like the IMF, the leader brought in over $300 million in profits from one of the largest nation-state bitcoin trades. Bukele Shows El Salvador’s Bitcoin Wallet Profits: …
Monthly archives: December 2024
Binance CEO Urges Crypto Fans to Move Beyond Hodling and Flipping Tokens
“Forget flipping tokens,” Binance’s CEO urged, emphasizing blockchain fundamentals, whitepapers, and persistence as key to thriving in crypto’s dynamic, innovation-driven future. Binance CEO Says Forget Flipping Tokens—The Real Game Starts Now Binance CEO Richard Teng has encouraged the cryptocurrency community to prioritize education and deeper engagement with the technology behind digital assets. Posting on social …
Continue reading “Binance CEO Urges Crypto Fans to Move Beyond Hodling and Flipping Tokens”
Bitcoin Setting Up for Potential Pre-Christmas Explosion, According to Trader That Called 2021 Market Collapse
A closely followed crypto analyst says that Bitcoin (BTC) is setting up for a potential price explosion before Christmas amid a favorable technical setup. The pseudonymous trader known as Dave the Wave tells his 147,000 followers on the social media platform X that BTC is in an ascending channel with an upward target of about …
Dedollarization Is Not Our Objective: India Clarifies Currency Goals
ndia rejects de-dollarization narratives, with the Reserve Bank of India (RBI) prioritizing local currency trade agreements to shield its economy from dollar volatility and global uncertainties. RBI Denies Dedollarization Goals, Focuses on Securing Indian Trade Reserve Bank of India (RBI) Governor Shaktikanta Das clarified India’s stance on global currency discussions during a post-monetary policy press …
Continue reading “Dedollarization Is Not Our Objective: India Clarifies Currency Goals”
Peter Schiff Warns Bitcoin Could Be US Dollar’s Ultimate Downfall
Peter Schiff warns bitcoin could undermine the U.S. dollar, not by replacing it, but by fueling economic mismanagement through speculative government-backed investments. How Bitcoin Might Topple the Dollar—Peter Schiff Breaks It Down Economist and gold advocate Peter Schiff has raised significant concerns about bitcoin and the U.S. economy as the cryptocurrency’s price hit an all-time …
Continue reading “Peter Schiff Warns Bitcoin Could Be US Dollar’s Ultimate Downfall”
All Eyes on $2.75: XRP’s Chart Patterns Suggest Major Move on the Horizon
The cryptocurrency XRP has been on an upward trajectory, recently trading at $2.60 after a 7.3% gain in the past 24 hours. XRP On the 1-hour chart, XRP has been consolidating tightly between $2.55 and $2.65, reflecting reduced volatility. The relative strength index (RSI) is at 75.74, signaling overbought conditions. While the moving average convergence …
Continue reading “All Eyes on $2.75: XRP’s Chart Patterns Suggest Major Move on the Horizon”
Countdown to Ripple’s Stablecoin: The Fight to Meet Year-End Expectations
Ripple is racing to launch its highly anticipated U.S. dollar-pegged stablecoin by year’s end, poised to revolutionize digital payments across XRP and Ethereum networks. Ripple’s Stablecoin Race: Will It Beat the Holiday Deadline or Face Delays? Ripple is gearing up for a high-stakes December as it races to launch its U.S. dollar-pegged stablecoin, Ripple USD …
Continue reading “Countdown to Ripple’s Stablecoin: The Fight to Meet Year-End Expectations”
Two Under-the-Radar Altcoins Skyrocket in Price Following Friday Binance Listings
Two low-cap altcoins exploded in price on Friday after top crypto exchange Binance made them available for trading on its platform. Binance rolled out trading services for the interoperability protocol Across (ACX) and the Solana (SOL)-based decentralized exchange (DEX) Orca (ORCA). The native tokens of both platforms witnessed massive gains on Friday, with ACX surging …
Continue reading “Two Under-the-Radar Altcoins Skyrocket in Price Following Friday Binance Listings”
Bitcoin Miners Move 85,503 BTC, Price Unaffected – Here’s Why
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms …
Continue reading “Bitcoin Miners Move 85,503 BTC, Price Unaffected – Here’s Why”
Ethereum Price Breakout: Charting The Uncertain Part Of ETH To $18,000
Este artículo también está disponible en español. Crypto analyst BallaJi has provided insights into how the Ethereum price breakout could happen and even raised the possibility of ETH reaching $18,000. Ethereum currently boasts a bullish outlook, having recently broken above $4,000 for the first time since March of this year. How The Ethereum Price Could Reach $18,000 …
Continue reading “Ethereum Price Breakout: Charting The Uncertain Part Of ETH To $18,000”
Countdown To $5 XRP: Engineer Predicts Milestone On ‘Strong Fundamentals’
Este artículo también está disponible en español. After hitting a high of $2.82 last December 3rd, Ripple’s XRP has suffered a minor correction and is now trading between $2.25 and $2.50, CoinMarketCap data shows. Last December 1st, XRP briefly went below $2.00 and has consolidated above this level for days. Related Reading Like most digital …
Continue reading “Countdown To $5 XRP: Engineer Predicts Milestone On ‘Strong Fundamentals’”
XRP Price Forecast – Analyst Sets $4 Target After Potential Retrace
Este artículo también está disponible en español. XRP has seen a sharp 25% pullback from its recent local high of $2.90, leaving investors questioning its next move. Despite the correction, many analysts remain optimistic about XRP’s potential to regain momentum, while others predict a deeper retrace before any significant rally. The market appears divided, with …
Continue reading “XRP Price Forecast – Analyst Sets $4 Target After Potential Retrace”
US Spot Bitcoin ETFs Flip Nakamoto To Become Largest BTC Holder, Here’s How Much They’ve Bought
Este artículo también está disponible en español. US Spot Bitcoin ETFs have significantly transformed both Bitcoin and the broader crypto industry. These ETFs have seen their value and holdings grow massively since their launch in January 2024, breaking multiple ETF records in traditional finance. Related Reading As it stands, US Spot Bitcoin ETFs have now …
Altcoin season ‘leg down will be ugly,’ says venture capitalist
A crypto venture capitalist warns that “once momentum tips,” market participants could be in for a surprise and there will be “some murder wicks” on the charts.
South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report
Reports on a new BRICS currency designed to compete against the US dollar are fundamentally false, according to leaders in South Africa. In a statement, South Africa’s Department of International Relations and Cooperation (DIRCO) says BRICS is not working on a currency that could be used as an alternative to USD, reports Bloomberg. According to …