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Hedge fund manager James Lavish has predicted that Bitcoin could rise to $428,000 at some point. He also mentioned what needs to happen for the flagship crypto to reach such an ambitious price target.  How Bitcoin Could Rise To $428,000 Lavish mentioned in an X (formerly Twitter) post that Bitcoin would rise to $428,000 when it becomes 1% of the $900 trillion investment assets worldwide. The hedge fund manager made this prediction while revealing that Bitcoin, at its current price, only accounts for 0.15% of the capital in these investment assets . Related Reading Analyst Says ETH Price Will Struggle As Spot Ethereum ETFs Expectations Crash 13 hours ago The idea is that BTC will become widely adopted to the extent that it sees most of the global liquidity flow into its ecosystem. Such an inflow of new money would undoubtedly spark a...

BNB has demonstrated significant bullish momentum, with a positive candlestick crossing the 100-day Simple Moving Average (SMA) in the 4-hour timeframe. The previous market scenario reveals that the digital currency has faced multiple rejections at the $572 level.  This persistent resistance has cleared a path for the bulls to take charge and drive the price higher aiming at the $605 resistance level. As market dynamics shift, the key question is whether BNB can continue its current upward trend and hit the new target of $605.  In this article, we will analyze the recent price movements of BNB using technical indicators to determine whether the price can sustain its momentum to reach $605 or decline back to $572. Technical Analysis Indicates Potential Rise To $605  Technical Analysis reveals that the price of BNB has succ...

On July 30, 2024, Russia’s lower house of parliament, the State Duma, approved a landmark law permitting the use of cryptocurrency for international payments. This move comes as Russia continues to grapple with extensive Western sanctions imposed in response to its actions in Ukraine. New Legislation and Immediate Impact The legislation will enable Russian businesses to engage in cross-border digital currency transactions. This legislative shift marks a significant development in Russia’s financial strategy. Anatoly Aksakov Member of the State Duma , described the decision as “historic” in the financial sector. Elvira Nabiullina , Governor of the Russian Central Bank , confirmed that the central bank will begin its first international crypto payments before the end of 2024. “We are already discussing the terms of the experiment with ministries and businesses, and we expect that the first such payments will take place by the end of this year,” Nabiullina stated. ...

The cryptocurrency market is buzzing with anticipation as two prominent digital assets, Solana (SOL) and Mpeppe (MPEPE), make headlines. With Solana’s meteoric rise and Mpeppe’s promising presale phase, investors are eager to see substantial returns. Here’s a deep dive into why now could be the perfect time to invest in these two tokens. Solana’s (SOL) Impressive Performance Solana (SOL) has been making waves in the crypto market, solidifying its position among the top five cryptocurrencies by market capitalization. As of today, Solana (SOL) is trading at $181.88 per SOL/USD, with a market cap of $84.54 billion USD and a 24-hour trading volume of $3.21 billion USD. Despite a slight dip of 5.2% in the last 24 hours, Solana’s overall performance remains robust, driven by several key factors. Bullish Signals and Market Sentiment Since October 2023, Solana’s price has surged nearly 750%, showcasing its resilience and strong market pe...

Shiba Inu has always been one of the most promising cryptocurrencies out there. The token has amassed massive success and has been dubbed inspirational for other tokens to emulate and take cues from. SHIB’s 2021 price rally has been referred to as iconic and stirs an element of competition within the cryptocurrency sector. Is there a crypto token that can truly outpace Shiba Inu? Also Read: Shiba Inu: When Will SHIB Hit The $0.01 & $0.1 Price Mark? shib -nbsp">Which Coin Can Outpace SHIB? Image Source: WatcherGuru The meme coin world has diversified now. This year, the Solana blockchain gave birth to many notable meme coins that can certainly give tough competition to Shiba Inu. BONK is one such token, which has seen rapid growth since its inception in 2022. Per CoinMarketcap, BONK is currently trading at $0.00002916, up a staggering 26275% since its launch. The token has been primarily described as the first “dog-themed” token on Solana, which actively takes inspiration fr...

When historians look back on Donald Trump’s speech at the Bitcoin 2024 conference in Nashville on Saturday, they will surely conclude that it was a momentous turning point for the crypto industry. After dissing digital assets when he was president, the would-be successor to Joe Biden, and thus potentially soon again the most powerful man on earth, was suddenly all-in crypto. ”Never sell your Bitcoin,” he said to rapturous applause. “On day one, I will fire Gary Gensler,” he added, repeating it for good effect as the gathered crypto faithful erupted to the idea of the demise of the securities regulator who is probably the most hated man to ever interact with the industry. Trump was, of course, playing to the crowd, and not least because he wanted their votes to help him regain the White House in November. Trump is a former harsh Bitcoin critic, and a man who has been known to backtrack or U-turn on policy plans almost as quickly as he pivots to new ones....

The Zcash price prediction may set a bullish run if the market can climb back above the upper boundary of the channel. Zcash Prediction Statistics Data: Zcash price now – $32.68 Zcash market cap – $531.4 million Zcash circulating supply – 16.3 million Zcash total supply – 16.3 billion Zcash Coinmarketcap ranking – #118 Looking at the above statistics, it’s often recommended to be as early as possible for crypto projects. To illustrate this, let’s look at the price performance of the Zcash token since it’s at an all-time low. The token reached its all-time low of $15.97 just 24 days ago on July 5, 2024. Since then, it has risen by an impressive +104.31%. This kind of performance highlights the potential benefits of early investment in promising crypto projects. ZEC/USD Market Key Levels: Resistance levels: $40, $42, $44 Support levels: $25, $23, $21 ZECUSD – Daily Chart The daily chart highlights ZEC/USD’s...

Cryptocurrencies have gained unprecedented importance in this year’s U.S. presidential election as Donald Trump pivoted favorably to Bitcoin (BTC). In another surprising shift, Democrat politicians wrote a letter to the Democratic National Committee (DNC) urging a pro- crypto stance . Notably, 28 Democrat congressmen and candidates signed a letter sent on July 26 to DNC’s Chairman Jaime Harrison. The letter adds a carbon copy to the Vice President and favorite Democrat Party nominee to the presidential race, Kamala Harris. “We, representing a range of Democratic officials, candidates for the House, and members of Congress, write to urge you to take a forward-looking approach to digital assets and blockchain technology. This area holds immense potential for American innovation, economic growth, and financial inclusion,” starts the letter. Picks for you ...

The Jito price prediction reveals that JTO may break out of the current short-term pattern and move toward the $3.50 level. Jito Prediction Statistics Data: Jito price now – $3.04 Jito market cap – $379.1 million Jito circulating supply – 123.8 million Jito total supply – 1 billion Jito Coinmarketcap ranking – #147 When evaluating crypto projects, it’s often recommended to get in as early as possible. By doing so, you can take advantage of significant price increases over time. For example, consider the token you’re looking at. Since its all-time low of $1.43 on January 8, 2024, the price has surged by an impressive 113.93%. Even more recently, within the past 24 hours, Jito has shown a range of $2.58 to $3.12, highlighting its potential for substantial gains. The all-time high for this token was $5.28 on April 3, 2024, though it has since decreased by 42.02%. This historical performance underscores the importance of early investment in...

Earning significant ROI in the cryptocurrency market requires paying attention to low-priced cryptos with explosive potential. However, identifying the best cryptocurrencies might be a bit challenging. This is a result of most funds being attracted to pumping assets that might have high value. Today’s article examines the movement of 5 best cryptos to buy under 1 dollar . The objective is to identify the best of these tokens and notify investors about each token. The Analysis also overviews the market trend of crypto assets, which have the potential to post significant gains in the future. 5 Best Cheap Crypto to Buy Now Under 1 Dollar Kava is an innovative altcoin in the fast-evolving world of cryptocurrencies. As interest in decentralized finance (DeFi) grows, many traders are curious about KAVA’s potential. One burning question is: Can KAVA reach $2.18 before 2024 ends? This article will explore the factors that could influence Kaspa’s price, from market trends...