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November 8, 2024Bitcoin

Bitfinex Analyst Sets Ethereum Short-Term Target at $3,200 Amid Rising Investor Interest

Analysts at Bitfinex believe that growing investor demand for Ethereum could push its price to $3,200 in the short term. Analysts shared this view in a recent interview. Notably, Donald Trump’s re-election as US President boosted investor sentiment towards...

November 8, 2024information

Market expert Thomas Lee says Bitcoin price could still reach six figures by year end

Thomas Lee, chief investment officer at Fundstrat Capital and a contributing writer for CNBC, claims that Bitcoin could still hit six figures by the end of the year. Crypto markets saw huge gains from Donald Trump’s November 5 election victory…

November 6, 2024Altcoins

Iran’s Crypto Market Battle: Sanctions Deception and Blockchain Transparency

Iranian cryptocurrency exchange Nobitex has been at the center of a storm over the past few months, hit with multiple accusations ranging from money laundering charges to claims of involvement with the Iranian government and aiding in sanctions violations. The allegations were amplified by Iranian government-linked Persian-language media outlets, raising questions about the role of Iran in a country that is...

November 6, 2024information

CryptoQuant CEO predicts Bitcoin could rise another 40% as the biggest pain eases

Ki Young Ju, CEO of CryptoQuant, predicts that Bitcoin could see upside of up to $40% as the price surges toward $75,000, and recommends taking profits gradually as the “greatest pain” eases. Bitcoin price rises after latest U.S. presidential election update...

November 6, 2024Altcoins

Coinbase General Counsel Uses U.S. Election Results to Respond to Unfavorable SEC Crypto Regulations

Coinbase Chief Legal Officer Paul Grewal cited the U.S. election results to discuss the U.S. Securities and Exchange Commission’s (SEC) negative attitude toward cryptocurrency regulation. Grewal, chief legal officer of San Francisco-based exchange Coinbase, mentioned...

November 6, 2024Ethereum

Ripple CEO asks Trump to fire Gensler on his first day in office and give Ethereum regulatory clarity like XRP

Ripple CEO Brad Garlinghouse has outlined several crypto-friendly policies that President-elect Donald Trump should promote within his first 100 days in office. 2024...

November 6, 2024Ethereum

Top Crypto YouTuber Sells His Lamborghini to Buy XRP

Myles G, a well-known cryptocurrency trader with 150,000 YouTube subscribers, publicly revealed that he sold his Lamborghini in order to make new investments in XRP. In a post on X (formerly Twitter) on Tuesday, Myles…

November 5, 2024Ethereum

XRP 7-Year Chart Reveals Unbreakable Support Line: Is This a Bearish or Bullish Signal?

The latest XRP chart analysis from analyst Egrag highlights a support level that has not been broken in seven years, adding optimism to the asset’s potential bullish trend. Recently, Egrag showed a monthly time frame covering nearly a decade of XRP's historical price patterns since 2014...

November 4, 2024information

Professional technician finds potential Bitcoin gravestone doji signaling upcoming drop

Aksel Kibar, a Chartered Market Technician (CMT), recently identified a potential gravestone doji on Bitcoin’s weekly chart, suggesting a possible bearish reversal. Kibar’s disclosure confirms that the shape of this pattern is characterized by a long upper shadow and a close close to the open, suggesting that...

November 4, 2024Ethereum

What is holding XRP back from $0.50 to $1?

Market commentators point to various factors standing in the way of XRP reaching $1, including negative sentiment and Ripple’s lawsuit against the SEC. Over the weekend, XRP fell below the $0.50 level and dropped to $0.4930. The breach of this key psychological threshold came after last week’s overall market correction. ...

November 4, 2024Ethereum, Altcoins

Former Linqto executive sues company that sold Ripple shares for alleged fraud and market manipulation

Gene Zawroty, former chief revenue officer at Linqto, filed multiple lawsuits against Chartered Investments and two of its executives, alleging fraud and market manipulation. Zawroty filed this lawsuit on October 7, 2024 in Santa Clara County, California...