Category: Cryptocurrency News

submitted by /u/DarkSoul69prettyboy [link] [comments]

Chase Oliver’s proposed running mate has a strong anti-CBDC platform, but the 38-year-old Libertarian Party nominee seems to have been largely silent on crypto.

submitted by /u/Beyonderr [link] [comments]

Global investment management and research firm Bernstein states that cryptocurrency is evolving into a substantial business opportunity for asset managers. With the recent decrease in the popularity of ESG (Environmental, Social, and Governance) funds, Bernstein notes that attention is expected to shift towards cryptocurrency as a significant driver of hypergrowth. According to Bernstein, there will […]

Bitcoin and Ether are finding buyers at higher levels, indicating that the respective overhead resistance levels are weakening and new all-time highs could be on the way.

Crypto analyst CryptoBull recently highlighted a bullish pattern that could send the XRP price to three figures. However, the analyst failed to give an exact timeline for when this massive rally would occur.  XRP Price To Hit $154 CryptoBull mentioned in an X (formerly Twitter) post that that chart shows that XRP will rise to $154. The analyst highlighted an ascending broadening wedge, which he expects XRP to break out from as it makes this parabolic move to the upside. To confirm his bullish sentiment, CryptoBull also reposted the analysis of two other crypto analysts who suggested that XRP could experience a price breakout soon.  Related Reading: Bitcoin Price Enters Make Or Break Zone: Analyst Reveals Important Levels To Watch   One of these analysts is Javon Marks, who recently mentioned that something is brewing for XRP. He shared a chart that highlighted a bullish divergence that had formed for XRP. Marks had previously predicted that XRP could rise to as high as $200. He claimed that XRP “may be more than poised” to rise to this price level based on his Full Logarithmic follow-through analysis Marks also alluded to the 2017 bull run, when XRP saw a price increase of over 108,000%, revealing that XRP has since set up and broken out of its “largest resisting structure ever.” Crypto analyst CasiTrades is the second analyst whose analysis CryptoBull reposted. CasiTrades predicts that XRP can rise to as high as $13, seeing how it has consolidated for six years. She also raised the possibility of XRP rising to as high as $80 when it breaks out of the consolidation triangle. Crypto analyst JackTheRippler also predicted that XRP could rise as high as $100 soon enough. However, unlike CryptoBull, the crypto analyst didn’t allude to the charts but singled out the Securities and Exchange Commission’s (SEC) case against Ripple as the factor that will drive XRP’s price to such heights. He claimed XRP will reach $100 when the lawsuit ends.   An XRP Breakout Is Imminent Crypto analyst Egrag Crypto suggested in a recent X post that a breakout was imminent for XRP. He highlighted the “White Triangle” breakout, which he said is “aligning perfectly” with previous charts and the Fib 0.0702 to 0.786 levels. He claimed the measured move for XRP is projected to be between $1.2 and $1.5. Related Reading: Prepare For Impact: Market Expert Says Biggest Disaster In Crypto Yet To Come However, what is most important for XRP is breaking out from the $0.70 to $0.75 price range, which Egrag labeled as critical breakout points. The crypto analyst sounded confident that XRP will soon experience this upward trend, stating that the token “is poised to break out.” He added that a “mega run for XRP is on the horizon,” although the retest of the breakout might be on the cards.  At the time of writing, XRP is trading at around $0.53, down over 1% in the last 24 hours, according to data from CoinMarketCap.  Featured image created with Dall.E, chart from Tradingview.com

submitted by /u/0xJonnyDee [link] [comments]

The Gopax exchange reportedly owes 100 billion Korean won in unreturned user staking deposits.

U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That does make a difference. It makes it somewhat more challenging to keep deficits and interest expense under control,” Yellen told Bloomberg […]

This post will primarily be the background and educational portion of the post. It is designed to support part 2. Part 1: Link to Part 2 on Reddit. Link to part 1 and 2 combined Google doc. Feel free to share it. What is Pectra, and why should you care? Ah, who doesn’t love a…
Read more