In a thread on X (formerly Twitter), Raoul Pal, a renowned trading guru and the founder/CEO of Global Macro Investor and Real Vision, has illuminated the crypto community about the advent of what he terms as the “Macro/Crypto Summer.” This period, according to Pal, is not just a fleeting season but a significant phase in…
Analysts at financial services firm Bernstein are increasing their price expectations for Bitcoin. This follows a revised report in which they boosted their year-end target for the flagship crypto token’s price. Bitcoin To Hit $90,000 By The End Of 2024 According to a report by CoinDesk, Bernstein analysts Gautam Chhugani and Mahika Sapra have raised…
Crypto experts and analysts have given their opinions on how Bitcoin could rise in this bull cycle, with some opining that the flagship crypto token could rise to as high as $237,000. Now, this crypto expert has given a more ambitious price prediction, raising the possibility of Bitcoin hitting $500,000. Bullish Sentiment Shows Bitcoin Can…
Despite concerns about the XRP price performance in this market cycle, this crypto expert has elaborated on why he believes the crypto token will still record significant gains. He even predicts that XRP could rise to as high as $10. Why XRP Price Could Rise To As High As $10 Nick, the founder of Web3Alert,…
In its most recent research newsletter, crypto research firm Kaiko alluded to an ‘Alameda Gap,’ which has been massively impacting the Bitcoin and crypto market for some time now. However, that seems to be in the past, as Kaiko stated that the gap no longer exists. What The Alameda Gap Is About According to the…
ETHFI, the governance token of the decentralized liquid staking protocol Ether.fi, debuted for $4.13 following its distribution through its airdrop on March 18. However, since the $210 million airdrop, the value of ETHFI has experienced a significant decline, plummeting over 35% to its current trading price of $3.05, according to CoinGecko data. ETHFI Airdrop Attracts…
In a recent report by market intelligence firm Chainalysis, it has been revealed that global crypto gains in 2023 amounted to a staggering $37.6 billion. This profit surge reflects improved asset prices and market sentiment compared to 2022. Although this figure falls short of the $159.7 billion gains witnessed during the 2021 bull market, it…
Shiba Inu is currently on a consolidation path after a strong upswing earlier in the month. Specifically, SHIB is currently down by 13% in the past seven days, although still up by 210% in a wider 30-day time frame. According to crypto analyst Javon Marks, Shiba Inu is on its way to another major breakout…
Despite XRP lagging in this early stage of this bull run, crypto expert Zach Rector has shared his belief and given reasons why the crypto token is still bound to perform well. He went as far as ranking the token up there with Bitcoin to drive home his point on why the token will make…
Ethereum is currently looking to gain a strong footing above the $4,000 price level as bullish momentum continues to dominate. According to crypto analyst Ali Martinez, this bullish momentum could continue and Ethereum could as well reach $5,000 very soon. Ali Martinez made this known while citing data from IntoTheBlock, noting that the second biggest…