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Showing posts with the label volatility

Over $130 million XRP dumped on Coinbase in a week; Incoming crash?

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Summary ⚈ Whales moved over $130M in XRP to Coinbase, hinting at possible selling pressure. ⚈ XRP is holding steady above key levels despite large transfers. ⚈ Traders await reaction to SEC-Ripple settlement filing. XRP’s rally toward the $2.50 resistance level may now be at risk following the dumping of over $130 million worth of the token on the Coinbase cryptocurrency exchange. The first notable transfer occurred on May 3, when a wallet moved 29.53 million XRP, worth approximately $64.4 million, to Coinbase. Just six days later, on May 9, an identical transfer of 29.53 million XRP was recorded, valued at $69.5 million due to the token’s price appreciation during that period, according to on-chain data shared by Whale Alert. XRP transfer to Coinbase on May 9. Source: Whale Alert Combined, these transactions represent 59.06 million XRP, totaling approximately $133.9 million sent to the exchange, presumably with the intent to sell. Motivation for dump...

XRP Bulls Expect A Breakout As Price Compresses Between Key Levels – Details

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Own Bitcoin, Not MicroStrategy: Jim Cramer Gives Bold Investment

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The cryptocurrency community has been looking deeply into the Bitcoin (BTC) market as the asset has been exhibiting volatility. During the final week of January, the king coin was seen slipping below the $100,000 mark. Amidst this, CNBC’s Mad Money host dropped a bullish notion about the world’s largest cryptocurrency, sending most of its investors into panic mode. Also Read: Tuttle Capital Targets SEC Approval for XRP, Cardano, Chainlink, Polkadot, and Bonk ETFs “You Should Own Bitcoin” Source: Watcher Guru During his recent segment on the Mad Money show, Cramer was seen urging the community to hold BTC. Speaking to a caller on his show he said, “If you want to own Bitcoin, (you) own Bitcoin. I own Bitcoin, you should own Bitcoin. Bitcoin is a great thing to have in your portfolio.” JUST IN: Jim Cramer says "you should own Bitcoin, Bitcoin is a great thing to have in your portfolio." pic.twitter.com/HQFhRg4bpa — Watcher.Guru (@WatcherGuru) January 28, 2025 While...

Solana could crash to $130, according to crypto analyst

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Solana (SOL) was among the first cryptocurrencies to truly skyrocket in the ongoing bull market, as it rose from about $20 at the start of October 2023 to highs above $200 in March 2024. Though the token has been anything but weak in the trading since, it has neither managed to keep up the momentum it enjoyed in the early months nor decisively managed to stay above $200, having managed only a brief – if spectacular – rise above $250 after the broad rally that followed Donald Trump’s re-election. SOL entered 2025 in a seemingly bullish setup, with some analysts forecasting an imminent rocketing, but, more recently, the token finds itself at risk of a 30% plunge, per the estimates of the on-chain expert Ali Martinez. Picks for you If you invested $1,000 at the start of 2024 in a Bill Gates portfolio, you'd now have this much ...

Bitcoin Price Could Hit $200K In 2025 Amid Rising Institutional Demand, Bitfinex Says

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The Bitcoin price may soar to $200k in 2025 due to strong institutional demand, Bitfinex said. Analysts from Bitfinex, the eleventh largest crypto exchange by trading volume, said in a Dec.17 market report that their minimum Bitcoin price estimate stands “at $145,000 by mid-2025.” In their best case scenario, the analysts predicted that BTC’s price will double in 2025 to reach $200,000 “under favorable conditions.” Their predictions are based on the belief that US spot Bitcoin ETF (exchange-traded fund) inflows will pick up next year while global and institutional adoption of BTC simultaneously increases. Bitcoin Price Volatility Could Pick Up In Q1 Of 2025 Before Bullish Trend Continuation So far this year, Bitcoin has soared more than 150%. This is after the largest crypto by market cap underwent a 2% correction in the last 24 hours to trade at $103,277.49 as of 1:45 a.m. EST. The Bitfinex analysts predict that BTC will experience some mild vola...

Machine learning algorithm predicts Bitcoin price for November 30

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Bitcoin’s (BTC) bullish momentum shows little sign of slowing down. BTC currently trades at $87,710, with an impressive 6.68% rise in the last 24 hours and a 26.02% gain over the past week, Bitcoin is pushing into uncharted territory, bringing its market cap to a formidable $1.7 trillion.  Bitcoin 1-day price chart. Source: Finbold The rally is driven by a confluence of factors, from the increasing scarcity of supply and aggressive whale accumulation to institutional flows, including a record-breaking $3.4 billion in Bitcoin ETF purchases over a span of four days.  Picks for you Caution: Why Bitcoin is facing a 50% drop soon 12 mins ago R. Kiyosaki’s Bitcoin plan revealed: He’s buying until BTC hits this price ...

Prediction markets don’t trust election survey polls; Favor Trump over Harris

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Prediction markets have become popular during this presidential election year in 2024, especially after implementing cryptocurrency payments via Circle’s USDC. Deemed more trusted than the legacy media survey polls, prediction markets have been the go-to place for US election insights. These platforms provide universal access with “skin in the game” rather than opinion surveys or simulations, leveraging financial incentives for accuracy. Interestingly, the prediction markets apparently do not trust the survey polls – which mostly favor a Kamala Harris victory – favoring a Donald Trump victory instead, although by a narrow margin. For that, on November 3, Finbold retrieved data from Polymarket and Kalshi, the two most popular prediction markets by financial volume. Picks for you AI predicts Solana price for year-end  ...

Is It Too Late To Buy SLOP? Slop Price Soars 18% And This Might Be The Next Crypto To Explode

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The Slop price soared 18% in the last 24 hours to trade at $0.02722 as of 4.45 a.m. EST on trading volume that reached $94.06 million. The SLOP token is a brand new cryptocurrency that just went live on Solana’s blockchain, only to see a massive price surge immediately post-launch. Its value blew up from $0.00026 to $0.053 in less than 24 hours. However, with the project hitting a major resistance, and the rest of the market entering a bearish period, its surge was cut short as many early buyers took profit. However, the token’s popularity continues to attract new investors, and their involvement is preventing SLOP from spiraling down. Instead, the token bounced back up after finding a strong support at $0.0020. Slop Price Prediction The Slop price saw a strong performance post-launch, although it has already seen a strong dip after hitting an ATH. While many among the traders are still holding their distance while keeping a close eye on the project’s performance,...

Crypto trader turns $1.3k into $3.4 million in 15 days

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A cryptocurrency investor has taken advantage of the ongoing boom around meme cryptocurrency Moo Deng (MOODENG) to record over 2,500-fold returns on their initial investment. The gains by the unidentified investor came from an investment of $1,331, which turned into a staggering $3.4 million in a trading initiated on Raydium, an automated market maker (AMM) platform built on Solana (SOL) involving the MOODENG/SOL pair, data shared by Lookonchain indicates. The trade occurred on September 10, when the trader purchased 38.7 million MOODENG tokens for 9.8 SOL, valued at $1,331. Just two weeks later, on September 25, the value had skyrocketed, pushing the total worth to over $3.4 million, thanks to a sharp rise in the price of MOODENG, powered by the growing virality of the token on social media. Picks for you Here's what Bitcoin needs bef...