Posts

Unity COO: It’s “disingenuous” to say Trump win directly caused Bitcoin price rise

Image
Bitcoin reached a high of $75,317 in the early hours of this morning In September, Bernstein analysts predicted Bitcoin to reach between $80,000 and $90,000 by the end of 2024 if Trump won Unity’s COO said to Coinjournal said it was “disingenuous” to say Trump winning the US election was the sole reason Bitcoin’s price went up Bitcoin rose to a record high of over $75,000 early this morning as voting results signalled a Donald Trump win for the White House. Data from CoinMarketCap shows Bitcoin achieved a high of $75,317 around 6:25 this morning. Before the election results started coming in last night, Bitcoin was trading at around $69,000. However, as the evening progressed and into the early morning, Bitcoin continued an upward trajectory before reaching its new all-time high. Bitcoin’s last all-time high took place in March when it reached $73,000. Bitcoin’s all-time high of over $75,000. Source: Coinmarketcap   Data from AP News shows Trump has tak
Post a Comment
Read more

Best Crypto to Buy Right Now November 5 – Bonk, MultiversX, Ondo

Image
Last week, investor interest in Bitcoin and certain altcoins notably increased, with U.S. election-driven optimism fueling a substantial $2.2 billion inflow into crypto asset investment products. Historically, U.S. elections have impacted the crypto market, and this trend appears to continue this year. Bitcoin took the lead, capturing the full $2.2 billion inflow and even driving interest in short Bitcoin products, which received $8.9 million in investments. This demand likely reflects investor confidence in a potential market upswing while attracting short-term traders looking to leverage current sentiment. Beyond Bitcoin, select altcoins drew investor attention, suggesting growing interest in innovative projects. Consequently, many investors are exploring the best crypto to buy right now, seeking assets with the potential for strong returns soon. Best Crypto to Buy Right Now Polkadot has seen a surge in governance activity alongside growth in decentralized autonomous organizations
Post a Comment
Read more

Bitcoin: Jury Duty Scam Costs Woman Thousands in BTC

Image
The cryptocurrency market has witnessed an array of hacks and scams over the years. Despite increased scrutiny and regulations, scammers haven’t taken a step back. More recently, a woman from Colorado fell prey to a major scam that cost her $6,000 in Bitcoin. Also Read: META Stock Gets a Boost From Analyst: New Price Target Revealed Scammer Posed As Law Enforcement Official According to reports, the woman received a call from perpetrators posing as law enforcement officers last week. The fraudsters threatened the victim with arrest for allegedly skipping jury service. The victim followed the scammer’s instructions to pay a fictitious warrant using a Bitcoin ATM because she thought she had missed a jury summons. When she called Denver Police to verify the transaction, she found she had been duped. The patrol report says that even though her bank has been informed of the scam, “it’s not likely the money will be recovered.” But they were able to stop the completion of another $4,000 trans
Post a Comment
Read more

Donald Trump Meme Coins Soar Even As His Polymarket Odds Weaken Ahead Of US Election Tomorrow

Image
Meme coins linked to Donald Trump surged, despite a recent dip in his Polymarket odds, as crypto investors position themselves ahead of tomorrow’s US election. Pepe ( TRUMP ) was the biggest gainer, posting an impressive 128% price surge in the last 24 hours. Similarly, TrumpCoin ( DJT ), Super Trump ( STRUMP ) and MAGA Hat ( MAGA ) saw their prices soar by 98%, 46% and 32%, respectively. Trump’s US Election Odds Plunge On Polymarket Polymarket odds of a Trump victory in tomorrow’s US election plunged 9% in the last week. They have since recovered slightly, with the Republican’s chances rising by 3% in the last 6 hours to stand at 57% as of 3:17 a.m. EST. Conversely, current Vice President and Democrat Kamala Harris saw her odds jump 9% in the last week. However, her odds took a 3% knock in the last few hours. Overall, Polymarket bettors now see a 43% chance that she will emerge victorious in the US election tomorrow. Trump Predicted To Take The Lead In Swing States Along wit
Post a Comment
Read more

Bitcoin “bull-trap” alert: Is the path to $100,000 still open for BTC?

Image
Bitcoin’s (BTC) recent price action has raised red flags for investors as it briefly surpassed the critical $70,000 resistance level, only to retreat shortly after.  This aligns with a classic “bull-trap” pattern, a situation where buyers are lured into what appears to be a breakout, only to face a sharp reversal. The current price movement suggests that this might indeed be the case, casting doubt on the likelihood of Bitcoin reaching the $100,000 target in the near term. Picks for you Ripple prepares for what could be the largest XRP dump in 7 years 3 hours ago AI sets date when Bitcoin will hit $100,000 4 hours ago 2 cryptocurrencies to
Post a Comment
Read more

Analyst reveals when to catch the next buying opportunity for Bitcoin

Image
Bitcoin (BTC) closed October with a strong 11% gain, marking its second consecutive green monthly close, although it fell short of ‘Uptober’ expectations. The month opened with a sharp dip to $58,855, which bulls quickly leveraged as a springboard for a rally, driving BTC near record levels. Despite a modest pullback on October 31, BTC rebounded above $70,270, ending the month on a strong note and leaving investors on alert for potential buying opportunities as November kicks off. BTC seven-day price chart. Source: Finbold As of press time, Bitcoin was trading at $71,405, with a modest 0.5% gain over the past 24 hours and a monthly gain exceeding 16%. Notably, the close of October saw Bitcoin charting two consecutive green monthly candles, a well-known bullish signal that often suggests a buying opportunity. Picks for you Ripple v. SEC
Post a Comment
Read more

Ripple: Will XRP Hit $1.50 If Bitcoin Reclaims $73,000?

Image
The cryptocurrency market seems to be gearing up for another bullish leg, with Bitcoin (BTC) reclaiming the $71,000 level. The global crypto market cap jumped by 3% to $2.51 trillion. With BTC rallying, we may witness other crypto assets, such as Ripple’s XRP, entering the green zone, too. Also Read: Dogecoin (DOGE) To Peak And Target $0.175, Expert Shares XRP’s Struggles and Potential for Growth Source: CoinGecko While Bitcoin’s (BTC) price is moving full steam ahead, XRP continues struggling to overcome the $0.55 barrier. The asset has rallied 2% in the last 24 hours but is down 3.4% in the weekly charts, 3.7% in the 14-day charts, 15.7% in the monthly charts, and 3.4% since late October 2023. Why Is XRP Struggling Amid Bitcoin’s Rally? Ripple’s XRP token has had a rough few years. The asset is down by 84.6% from its all-time high of $3.40, which it attained in January 2018, more than six years ago. Bitcoin (BTC), on the other hand, is down by only 3.9% from its all-time high of $73,
Post a Comment
Read more

Solana Price Prediction As Canary Capital Files For Solana ETF And Experts Predict 100X Returns For This New V2E Meme Coin

Image
The Solana price tumbled 2% in the last 24 hours to trade at $174.35 as of 04:21 a.m. EST on trading volume that slumped 20% to $2.65 billion. This comes as Canary Capital filed to launch a spot Solana ETF (exchange-traded fund), joining other hopefuls such as VanEck and 21Shares. Solana Price Could Continue Soaring The Solana price has been on a sustained bullish trend within a rising channel pattern as the bulls capitalized on the $136 support level, according to data from GeckoTerminal . The sustained positive trajectory has resulted in the price of Solana trading above both the 50-day and 200-day Simple Moving Averages (SMAs), an affirmation of the continued upward trend. Meanwhile, the Relative Strength Index (RSI) is trading within the neutral zone, currently at 46, which shows that the price still has space to soar even higher. In a bullish scenario, if the bulls sustain the current momentum, the price of Solana could soar even higher, currently targeting $200. SOLUS
Post a Comment
Read more

Best Cryptocurrencies to Invest in Right Now October 30 – Helium, Conflux, Optimism

Image
Bitcoin is approaching its all-time high as investors anticipate a market shift following the upcoming U.S. presidential election. On Tuesday, Bitcoin’s price rose to $73,577, approaching its previous high of $73,750, last recorded on March 13, based on Yahoo Finance data. As of now, it trades below $72,000. According to a digital asset strategist, the key drivers behind this recent price surge include seasonal factors—October’s second half is historically favorable for Bitcoin—and anticipation surrounding the U.S. election. This positive momentum in Bitcoin could influence the broader cryptocurrency market, potentially leading altcoins to see similar gains. With this outlook, many market participants are closely watching altcoins as potential opportunities for strong returns. InsideBitcoins has identified some of the best cryptocurrencies to invest in right now .  Best Cryptocurrencies to Invest in Right Now Conflux recently partnered with Footprint Analytics, which aims to streng
Post a Comment
Read more