New reports suggest the US Senate Banking Committee is looking to create its first crypto subcommittee, while Trump is reportedly eyeing a pro-crypto CFTC Commissioner to take the agency’s helm. The US Senate Banking Committee is reportedly set to create its first-ever crypto subcommittee, while a pro-crypto commissioner is now a top pick to replace…
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Institutions dumped huge amounts of Bitcoin in late December after its peak high, but they’re now back to buying with it below $100,000, says Blocktrends’ Cauê Oliveira. Large Bitcoin holders are back to buying huge amounts of the cryptocurrency after its price dove toward the end of 2024 following a record six-figure high, says a…
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Dogecoin crowd sentiment is at a low point, which could point to a buying opportunity before the crypto market starts moving higher again, according to Santiment. A decline in social media posts and overall sentiment around Dogecoin could signal a buying opportunity for traders, according to crypto analysis firm Santiment. “Crowd sentiment has been near…
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Bitcoin formed a bearish engulfing candle immediately after its $100,000 retest, which opened the door for a potential correction below $90,000. Bitcoin price sold off again on Jan. 8, forming a bearish engulfing candle on the daily chart. This particular daily drawdown was BTC’s second steepest fall in 19 weeks. Bitcoin 1-day chart. Source:TradingView With…
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XRP should attain a 260% gain or a $6.40 price target after a breakout, but a delay may affect the chart pattern’s outcome, says Peter Brandt. XRP price is attempting to close a daily candle above its descending resistance trendline, which previously capped the altcoin’s price action. XRP 1-day chart. Source: Cointelegraph/TradingView Successive breaks above…
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Bitcoin’s price may not experience significant downward movement in the short term, as sell-offs on crypto exchanges are “shrinking at a rapid pace,” Bitfinex analysts say. Bitcoin has likely passed the worst of its downward pressure in the short term as the cryptocurrency has seen a steep decline in sellers on exchanges, according to crypto…
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Fidelity Digital Assets research analyst Matt Hogan said not making any Bitcoin allocation could become more of a risk to nations than making one. Countries who are expected to add Bitcoin into national strategic reserves over 2025 will kick off significant growth in the crypto market, Fidelity Digital Assets says in its latest research paper.…
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Dogecoin jumps 21% as whales accumulate over 1 billion DOGE, with analysts predicting it could hit $1 in 2025. Dogecoin has jumped 21% over the past week, outperforming major memecoins like Shiba Inu, Pepe and Bonk. At the time of publication, DOGE traded at $0.38. Shiba Inu, Pepe and Bonk were up 7%, 10% and 14%,…
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The savvy trader made an over 1,500-fold return on investment despite the broader crypto market slump. A trader generated over $3.2 million in profit despite a slump in the broader crypto markets, which are still recovering from a lack of liquidity during the holiday season. The unidentified trader turned an initial investment of $2,137 into…
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AI models have envisioned some eye-watering crypto prices for 2025. With artificial intelligence emerging as a transformative force in finance, a number of investors have begun to recognize the potential of this technology in shaping their portfolios. In fact, a recent survey revealed that 54% of all investment managers have already implemented AI within their investment research, while…
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