Venture capitalist and billionaire investor, Chamath Palihapitiya, has made an ambitious prediction regarding the future price of Bitcoin. He believes that Bitcoin could potentially increase in value to an unprecedented $500,000. This forecast is based on Bitcoin’s fourth halving cycle, which took place on April 20, 2024. Analysis of Historical Halving Cycles Palihapitiya’s prediction is
XRP price has been gradually increasing from the $0.5080 zone and there is a potential for further bullish momentum if the resistance at $0.5250 is surpassed. The crypto is making an effort to move upwards past the $0.5120 mark, currently trading above $0.5150 and the 100-hourly Simple Moving Average. Key Resistance and Support Levels With
The XRP price has been a cause for concern among investors due to its lack of movement in comparison to other altcoins. Despite the massive bull market that took place after 2018, XRP failed to follow suit. However, one analyst, CryptoManiac101, has a different perspective on the future of XRP price. CryptoManiac101 highlighted several indicators
Ethereum is currently facing some bearish signs as it struggles to stay above the $3,840 support level. The price is showing a lack of bullish momentum and could potentially see a further decline if it drops below $3,700. Despite attempts to increase, Ethereum has failed to break above the $3,850 resistance zone. The price was
Despite the recent decline in Bitcoin’s price below $70,000, crypto analyst Peter Brandt maintains an optimistic outlook for the pioneer cryptocurrency. Brandt predicts that the price of Bitcoin could reach its peak soon, with an expected surge between the range of $130,000 to $150,000. He foresees Bitcoin’s peak to occur in 2025 between late August
The recent announcement by Binance regarding the limitation of “unregulated stablecoins” in the EU by June 30 has stirred discussions within the cryptocurrency community. This decision aligns with the upcoming Markets in Crypto-Assets Regulation (MiCA) and is expected to have a significant impact on the stablecoin market in the European Economic Area (EEA). Binance has
The CEO of Coinbase, Brian Armstrong, recently emphasized the critical need for regulatory clarity within the crypto industry. In a blog post titled “How to get regulatory clarity for crypto,” Armstrong stressed the importance of supporting pro-crypto political candidates and voting out anti-crypto incumbents. He highlighted the significant investment Coinbase has made in policy efforts
The cryptocurrency world was rocked by news of a massive security breach involving an individual going by the name of “The Future is Long”, who reported a staggering loss of over $2 million from their OKX account. The user disclosed that scammers were able to access all of their personal information through Telegram, allowing them
PEPE has caught the attention of traders and investors with its remarkable upward trajectory and significant bullish momentum. Market analysts are closely monitoring key indicators and trends to gauge the potential heights that PEPE could reach in the current market climate. Current Price Analysis At the time of writing, PEPE’s price was trading at around
Crypto analyst Tara has recently pointed out a bullish pattern on the Bitcoin chart, indicating a potential major impulse move that could send the flagship crypto to a new all-time high of $75,800. This analysis is based on the completion of a full ABCDE on both price and the Relative Strength Index (RSI), with Bitcoin