Crypto Forecasts
While the crypto market has slipped into a correction, liquidity has felt flimsy as November’s trading activity thinned out and the stablecoin economy pulled back. Since Nov. 15, roughly $840 million has drained from the fiat-pegged token sector. Crypto Market Faces Dry Powder Deficit as Stablecoin Economy and Volumes Contract For two straight weeks, the…
The DeFi Education Fund, an advocacy organization focused on decentralized finance, has proposed utilizing the technology to reduce costs, aiming to address poverty in the United States and globally. In a Wednesday blog post, the group said DeFi infrastructure could potentially save unbanked and underbanked people around the world about $30 billion annually through reducing…
One of the more overlooked sectors within the cryptocurrency industry is Payment Finance (PayFi), which converges blockchain with real-world payments. PayFi is often called the natural cousin of DeFi as it focuses on everyday financial transactions rather than just on-chain trading. This trend continues to grow as legacy financial institutions rush to partner with PayFi…
Bitcoin’s latest downturn has caused considerable speculation about whether Strategy’s (formerly known as MicroStrategy) massive holdings are playing a role in the market’s weakness. The concerns escalated sharply when wallet-monitoring platforms flagged large Bitcoin transfers linked to the company, sparking widespread claims that a major sell-off had begun. The conversation gained even more traction when…
In an interview live with Bloomberg, Trump reinforced that, even with the recent downturn, Bitcoin has been one of the most profitable assets of the last decade. Trump warned that with bitcoin, as with other risk assets, there is the implied risk of volatility. Eric Trump Defends Bitcoin Profitability Amidst Downfall: ‘It Is Probably the…
Bitcoin’s price remains largely unchanged on the daily chart, showing stability after recent swings. The cryptocurrency is currently trading within a tight range, holding firm near $104,000. The short-term support zone now sits between $100,700 and $104,100, an area that has repeatedly acted as a cushion during market pullbacks. This zone also aligns with Bitcoin’s…
The crypto industry is approaching a major milestone as the market anticipates the potential approval of an XRP Spot ETF in the United States (US). Analysts suggest that recent developments regarding the US Securities and Exchange Commission’s (SEC) review could deliver the final nail in the coffin for XRP. With ETF filings still awaiting approval,…
With XRP now sitting at $2.30 to $2.31 over the last hour, marking a modest 1.6% gain for the day, the coin sports a market capitalization of $138 billion and a 24-hour trading volume of $2.48 billion. A tightly wound intraday range between $2.25 and $2.33 hints at caution beneath the surface sparkle. XRP Chart…
The nation-state model is eroding and losing relevance, according to Jarrad Hope, author of “Farewell to Westphalia: Crypto Sovereignty and Post-Nation-State Governance” and co-founder of Logos, a project developing blockchain tools and decentralized digital infrastructure for network states, sovereign communities that exist in cyberspace. “Modern nation-states are nearly 380 years old, predating even the scientific…
JPMorgan has predicted a parabolic rally for Bitcoin (BTC) in the next 6-12 months. According to Nikolaos Panigirtzoglou, a strategist at JPMorgan, the Bitcoin price would need to rally towards $170,000 to match Gold’s private investment value. Since hitting $4,377 per ounce, the gold price has dropped around 10% and formed a potential reversal pattern….