Author
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
Will Ethereum Follow Bitcoin’s Lead, or Will Solana Break Away and Shine?
Bitcoin has recently rebounded, trading just below $57,000 as of press time, marking a 4% increase over the past 24 hours. This bounce follows a tough start to September. Despite this recovery, Bitcoin remains over 20%down from its all-time high of over $73,000 touched in March. However, even altcoins have taken a hit, shaking hands …
Anjali Belgaumkar·10 Sept 20242 min
South Korean Customs Link Rising Drug Smuggling to Crypto and Telegram
South Korean Customs officials say that drug smuggling has increased due to the use of cryptocurrency. In 2023, authorities seized 769 kilograms of drugs, up from 624 kilograms in 2022—an 18% rise. The South Korean Customs Service attributes this spike to the growing popularity of non-face-to-face transactions facilitated by digital currencies like Bitcoin and altcoins. …
Anjali Belgaumkar·10 Sept 20241 min
Bitcoin Price Prediction: Is Breaking Past $57,000 the Key to Reaching New All-Time Highs?
As Bitcoin nears the $57,000 resistance, it’s likely that the price will struggle to break higher in the immediate future. This next phase will be critical—if Bitcoin fails to break above $57,000 soon, the bearish trend could once again take over the market. Analyst Josh of Crypto World explained that Bitcoin is bouncing back from …
Anjali Belgaumkar·10 Sept 20242 min
Are Altcoins Like BNB And Cardano Dead? Nicholas Merten Says ‘We’re In For Rough Ride’
Analyst Nicholas Merten aka Datadash said that Bitcoin needs to rise significantly for altcoins to do well. Without Bitcoin leading the way, altcoins are unlikely to see a bull market. For example BNB (Binance Coin) recently broke through a long-term support line—a critical level where buyers usually step in. But this time, it didn’t bounce …
Anjali Belgaumkar·30 Aug 20242 min
Donald Trump Will Soon Reveal Plans to Make US the ‘Crypto Capital of the Planet’
Former President Donald Trump took to his X handle and made a major yet confusing announcement. He shared a video and revealed that he will soon lay out a plan to make the United States the ‘crypto capital of the planet.’ At the July Bitcoin 2024 conference, Trump reinforced his pro-Bitcoin stance, promising to establish …
Anjali Belgaumkar·29 Aug 20241 min
Bitcoin Bulls Eye New ATHs Above $80K as ETFs See $250 Million Inflows, Highest Since July
The rally in Bitcoin prices, which climbed above $64,000, was largely driven by expectations of a potential rate cut at the next Federal Reserve policy meeting scheduled for September 17th. Powell’s speech at the Jackson Hole Symposium confirmed that the Fed is considering adjusting its monetary policy, with the direction leaning toward easing. Bitcoin ETFs …
Anjali Belgaumkar·26 Aug 20242 min
XRP Price Prediction: Analyst Predicts Fiery Short-Term Action with $11 XRP Target by 2025
Ripple’s XRP is gearing up for some short-term action. The coin might see a quick rise before it dips again. Looking ahead, there’s hope for a bigger move towards $0.75 to $0.85, but the ongoing SEC case will be a key factor in shaping its future. Analyst Cheeky Crypto said that XRP has been oscillating …
Anjali Belgaumkar·23 Aug 20241 min
Bitcoin Price Prediction: Slight Bullish Momentum Expected as Negative Funding Rates Signal Positive Outlook
According to analyst Josh of Crypto World, a new bullish divergence has been confirmed on the two-hour Bitcoin chart, where the price shows lower lows, but the Relative Strength Index (RSI) is indicating higher lows. This divergence suggests a short-term relief, likely resulting in either neutral or slightly bullish price action over the next few …
Anjali Belgaumkar·17 Aug 20241 min
CoinShares CEO: ‘If You’re Not Profitable with Bitcoin at $60,000, When Will You Be?’
Jean-Marie Mognetti, CEO of CoinShares, shared some thoughts on the state of the crypto industry, especially concerning Bitcoin. In an interview with Thinking Crypto, he pointed out that many crypto asset management companies have been funded heavily by venture capital, with a lot of cash being burned without much focus on profitability. He said that …
Anjali Belgaumkar·14 Aug 20241 min