The cryptocurrency market is currently experiencing a surge in optimism as investment funds witness a historic influx. CoinShares, a leading digital asset manager, reported a record-breaking $2 billion inflow into crypto funds in just one week. This influx surpasses the entire month of May’s net inflows and has now continued for five consecutive weeks. This
Cryptocurrency analyst Chad Steingraber recently made a bold prediction regarding the price of XRP, stating that the digital asset could potentially reach three figures. In a post on X (formerly Twitter), Steingraber suggested that XRP could hit $250 by the year 2025, marking a significant milestone for the crypto token in the ongoing bull market.
Delving into the world of cryptocurrency is like embarking on a treasure hunt mixed with storytelling, at least for one dedicated journalist named Christian. Christian’s journey with the written word began long before the age of Bitcoin, as he honed his craft as a feature writer for his college paper. This early love for storytelling
Tron price has been showing signs of bullish momentum as it surged above the $0.1150 resistance level against the US Dollar. The price is currently trading above $0.1155 and the 100-hourly simple moving average. This positive movement is attributed to Tron outperforming Bitcoin and Ethereum in recent trading sessions. There is a significant bullish trend
Ripple has once again sparked concerns within the XRP community with its recent sale of 150 million XRP tokens ($78 million) on June 7. This sale is part of the 1 billion XRP tokens that were recently unlocked as part of Ripple’s monthly escrow unlock, which is scheduled to continue until 2027. The continuous offloading
The Bitcoin price has hit a roadblock after reaching the $71,000 level, hovering in a state of uncertainty and indecisiveness. This period of stagnation often serves as a precursor to a significant price movement, but predicting the direction in which the price will move is a challenging task. Alan Santana, a crypto analyst, has conducted
Bitcoin, as the leading cryptocurrency in the market, continues to face challenges in reaching the anticipated milestone of $100,000. Despite the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the price surge remains elusive. Charles Edwards from Capriole Investments highlighted the obstacles hindering Bitcoin’s growth, particularly the selling off of Bitcoin by long-term holders. This trend
Philip Swift, the creator of LookIntoBitcoin, recently pointed out the substantial increase in global liquidity, reaching a new all-time high (ATH). Swift emphasized the critical nature of this indicator in predicting Bitcoin’s surge in the current bull market. According to Swift, global liquidity is the most important chart to monitor during this bull run, as
Crypto analyst Egrag Crypto recently pointed out a bullish pattern on the XRP price chart. He highlighted an Inverted Hammer formation, describing it as a “super bullish” sign for the crypto token. Egrag predicts that XRP could rise to $0.75 in the near future, emphasizing that July will be a month of significant price movement
Polkadot (DOT) has been gaining attention in the cryptocurrency realm due to its innovative approach to interoperability and scalability. However, as with any financial asset, the price movement of Polkadot is influenced by various technical analysis patterns. One such pattern that has emerged is the rising wedge chart pattern, indicating a potential downturn despite the