Investment in digital assets saw an influx of $2.2 billion last week, increasing total inflows since September’s rate cuts to $11.7 billion and lifting the year-to-date total to an all-time high of $33.5 billion. While $3 billion flowed in during the early part of the week, a rise in Bitcoin’s...
Ethereum Price Analysis: Is ETH in Danger of Falling Below $3K Soon?
Ethereum’s price action indicates a temporary consolidation phase following its rejection near the critical $3.5K resistance zone. A pullback toward $3K (aligned with the 200-day MA) is forming, setting the stage for a potential bullish continuation in the mid-term. ETH Price Analysis By Shayan The Daily Chart Ethereum recently experienced...
Paul Tudor Jones Grows Bitcoin Portfolio by 400% to $159.9M
Billionaire investor Paul Tudor Jones has dramatically increased his stake in Bitcoin-related financial instruments. According to a November 14 filing with the Securities and Exchange Commission (SEC), the 70-year-old owned $159.9 million worth of BlackRock’s IBIT shares as of September 30 through his company, Tudor Investment Group. It marked a...
Interesting Cardano (ADA) Price Predictions: What’s Next?
TL;DR Some analysts believe ADA could surge even more if it surpasses important resistance levels. Strong on-chain metrics and no scheduled token unlocks support bullish sentiment. ‘Approaching Next Level?’ Cardano’s ADA has been among crypto’s rockstars lately, recording a 120% price increase on a 14-day scale. It currently trades at...
The Bitcoin Effect: Polish Presidential Candidate Sławomir Mentzen Promises Strategic BTC Reserve
Sławomir Mentzen, a Polish presidential candidate, announced plans to establish a Strategic Bitcoin Reserve if elected in May 2025. The 37-year-old libertarian politician made the declaration in a Nov. 17 post on X, marking a shift from his previous stance on digital assets. Mentzen Promises to Make Poland a Crypto...
WeFi to Enter New Phase of DeFi Following November $WFI Token Generation Event
[PRESS RELEASE – Charlestown, Saint Kitts and Nevis, November 18th, 2024, Chainwire] WeFi, the next-generation financial platform dedicated to reimagining access to global financial tools, successfully holded the highly anticipated Token Generation Event for its native $WFI token on Friday, November 15th. Following the TGE, $WFI debuted on Bitmart on...
Rising Concerns About ETH’s Price as Ethereum Fails to Capitalize on Trump’s Victory
While Bitcoin is hovering just below its all-time high, Ethereum remains 36% away from its peak and doesn’t look like approaching it anytime soon. Moreover, the ETH/BTC ratio, which measures Ethereum prices in Bitcoin, fell back below 0.034 on Nov. 17, according to Tradingview. It is the lowest ratio since...
LAOS Network Lists Token; Forges Partnership with Sequence to Bring Scalable Free-2-Play Gaming to Web3
[PRESS RELEASE – Barcelona, Spain, November 18th, 2024] In conjunction with its token listing on centralized exchanges (MEXC, Bit2Me), Polkadot parachain LAOS Network is thrilled to announce a strategic partnership with Sequence, the all-in-one development platform for integrating web3 into games, to bring Free-2-Play game mechanics to blockchain gaming, now...
Bitcoin Price Eyes $100K as Retail Investors Fuel Market Momentum
Bitcoin (BTC) and the rest of the crypto market have been booming since Donald Trump’s win in the U.S. presidential election on November 5. While institutional capital has played an instrumental role in the current rally, retail investors are not far behind. Bitcoin Retail Investors New data points to a...
Top Ripple (XRP) Price Predictions Following the Surge Above $1
TL;DR XRP’s price surged, fueled by speculation about a potential pro-crypto shift at the US SEC. Analysts predict further gains, with targets ranging to as high as $13. Further Rally Incoming? Ripple’s XRP has been one of the crypto market’s frontrunners lately. A few days ago, its price touched a...
