Although initial market euphoria over the announcements from FTX CEO SBF and Binance CEO CZ, now that the market has had time a little time to digest the news, it seems that crypto traders and investors are thinking that the crypto market’s troubles may be far from over. Earlier today, […]
A popular cryptocurrency analyst has recited the prices of Cosmos ($ATOM) and meme-inspired cryptocurrency Dogecoin ($DOGE) could undergo an “explosive” rally in the near future as interest in altcoins recovers. Pseudonymous cryptocurrency analyst Kaleo has shared a chart with their over 500,000 followers on the microblogging platform Twitter detailing that […]
Goldman Sachs is set to start classifying the cryptocurrency industry in a bid to standardize the way the financial industry sees the nascent space, meaning the Wall Street giant will be classifying Bitcoin ($BTC), Ethereum ($ETH), Cardano ($ADA) and even meme-inspired assets like Shiba Inu ($SHIB). According to a report […]
On Friday (4 November 2022), U.S. stock market and the crypto market breathed a sign of relief after October data for the U.S. labor market came out since it made it appear that the Fed may not need to be so aggressive with its rate hikes going forward. According to […]
A popular cryptocurrency analyst has suggested that a “stable and stiff support floor” has been found for the price of the meme-inspired cryptocurrency Dogecoin ($DOGE) after a large number of addresses on the network bought the cryptocurrency at a specific level. According to analyst Ali Martinez, who shared data from […]
Bloomberg commodity strategist Mike McGlone has revealed in an interview that he only sees the adoption of Bitcoin ($BTC) and Ethereum ($ETH) increasing over time, and that increased adoption could lead to higher prices. During an interview with crypto analyst and the host of the “Wolf of All Streets” podcast […]
Leading cryptocurrency exchange Binance has recently launched a ‘Bluebird Index’, which is a cryptocurrency index that tracks the performance of its own nativ token, $BNB, as well as that of Dogecoin ($DOGE) and a little-known cryptocurrency called Mask Network ($MARK). According to Binance, the new index is calculated using a […]
Popular cryptocurrency analyst Michaël van de Poppe has recently shared his thoughts on the smart contract platform Cardano ($ADA), and pointed to a “long-term, massive area to buy” the cryptocurrency. In a tweet van de Poppe shared with his over 600,000 followers on the microblogging platform, the analyst noted that Cardano […]
Recently, former Goldman Sachs executive Raoul Pal explained why he expects the total crypto market cap to reach around $300 trillion in the next 10-15 yers. Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for global asset management firm […]
Bloomberg commodity strategist Mike McGlone has, in a series of tweets, revealed that he believes the price of Ethereum ($ETH) could outperform that of Bitcoin ($BTC) and of equities as demand for the second-largest cryptocurrency keeps on growing. According to McGlone, Ethereum has built a strong foundation over the last […]
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