Tag: Follow

XRP, ADA, SOL go parabolic after Trump US crypto reserve post: Will other altcoins follow?

coiner

Bitcoin (BTC) witnessed solid buying over the weekend as US President Donald Trump announced that Bitcoin, Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA) would be included in a crypto strategic reserve. The announcement massively pumped the chosen coins, which made it risky for a fresh entry after the rally. The coins in this article have been selected for their technical setups rather than the Trump-based pump. Apart from the crypto strategic reserve, in a sign that could create new demand for Bitcoin, BlackRock added the iShares Bitcoin ETF…

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Global Liquidity Hits All Time High, Bitcoin To Follow?

coiner

According to data from Bitcoin Magazine Pro, the global money supply, also known as global liquidity, has hit an all-time high of $95 trillion; Bitcoin investors and analysts closely watch this key indicator, as higher liquidity has historically preceded major bull runs. Global liquidity is the total amount of money circulating in the global financial system. It encompasses the M2 money supply of major economies like the U.S., China, EU, Japan, etc. M2 includes cash, bank deposits, money market mutual funds, and other near-money assets. This figure recently hit $95…

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Bitcoin signals potential range expansion— Will SOL, LDO, ICP and VET follow?

coiner

The S&P 500 Index nudged higher by 0.45% to record its second positive week. While the United States equities markets were a slow mover, gold witnessed a massive run-up of more than 5% this week. Its rally of 3.11% on Oct. 13 was its best one-day performance since Dec. 1 of last year. However, the Bitcoin (BTC) bulls did not have any such luck as Bitcoin is on track to end the week down more than 3%. Bitcoin’s weakness and the regulatory overhang have kept crypto investors away from altcoins.…

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Expect new crypto regulations to follow Bitcoin ETFs

coiner

Aside from liquidity, what do institutions bring to crypto? What precisely is their value added? This is an instructive question to ponder, because there is little consensus on what deeper institutional participation means for an industry that is riven with contradictions. The long-running wait for Bitcoin ETF approval, giving pensions and funds exposure to BTC, may well prove to be a positive catalyst for industry growth. But in focusing on price action, observers are missing out on the real benefit of broadscale institutional adoption. The greatest benefit of deepening institutional…

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Bitcoin bulls look to re-establish control — Will BNB, LTC, OKB and QNT follow?

coiner

The bears lost an opportunity when they failed to sustain Bitcoin (BTC) below the $25,000 level this week. That may have attracted buying from the bulls who are attempting to start a recovery in Bitcoin and select altcoins.  Additionally, BlackRock’s application to launch a Bitcoin spot price exchange-traded fund and the sustained strength in the United States equities markets may have helped improve crypto sentiment. Bitcoin is on track to finish the week with a minor gain of 2% and institutional buying in the Grayscale Bitcoin Trust reduced its discount…

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Follow The Trends: Bitcoin Is On The Path To Becoming The Money Of The Future

coiner

This is an opinion editorial by Didar Bekbauov, the founder and CEO of Bitcoin miner hosting company Xive. The financial industry as a whole is continually shifting toward the digital space, with the global digital payments market generating almost $100 billion in revenue last year, with projections to reach $303 billion by 2030. The penetration rate of digital payments among general consumers is also growing, as a McKinsey survey from 2022 found that nearly 90% of U.S. residents are using some form of digital payments. And the Bitcoin market in…

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