Since Donald Trump’s election victory on November 5, Bitcoin (BTC) has experienced a substantial rally, reaching record highs above $108,000. However, this momentum has recently faltered, with the cryptocurrency dropping below the critical $100,000 mark, This has prompted analysts to speculate on a potential deeper correction with some experts beli
Santa Claus Rally: How Will Christmas Impact Stock Markets in 2024
The Santa Claus rally is a well-known seasonal phenomenon where stock markets often see gains during the final trading days of December and the start of January. But what causes this year-end trend, and how does Christmas influence stock markets overall? In this article, we’ll explore the factors behind the rally, its historical significance, and [
Ethereum Foundation’s Strategic Sales Continue to Predict Market Tops, Latest Sale Precedes 17% Drop
The Ethereum Foundation’s trading patterns have once again demonstrated major market timing, with their most recent sale of…
GBP/USD Analysis: Pair Recovers from 7-Month Low
The GBP/USD pair dropped below the psychological level of 1.25 today, a level last seen in early May. Over the past two days, the pair has declined by more than 1.5%, driven by central bank decisions. On one hand, the US dollar strengthened after the Federal Reserve chair’s comments on Wednesday, hinting at potentially higher […]
Franklin Templeton and Hashdex’s Bitcoin-Ethereum ETFs Win SEC Approval
Franklin Templeton and Hashdex’s crypto-focused exchange-traded funds (ETFs) have been approved by the United States Securities and Exchange Commission (SEC) on December 19.
Micron Technology (MU) Stock Drops 16%
On Wednesday, Micron Technology released its quarterly earnings report after the main trading session closed. The results aligned closely with analysts’ expectations: earnings per share came in at $1.79, slightly above the forecast of $1.76, while revenue met projections at $8.71 billion. Despite meeting estimates, the chipmaker issued a disa
Can Solana Bounce Back? MVRV Ratio Suggests Potential Accumulation Zone for SOL
Solana’s price recently fell below the critical $200 level, marking a pivotal moment for the altcoin. As of December 20, SOL trades at $193.76, reflecting a 7.2% decline over the past week, according to CoinMarketCap. The downturn follows an increase in bearish pressure, with the token also breaking below its 50-day Exponential Moving Average (EMA)
Even at All-Time Highs, MicroStrategy is STILL Buying Bitcoin + CEO Michael Saylor to Advise Trump on Crypto?
Michael Saylor, co-founder and executive chairman of MicroStrategy Inc., emphasizes his commitment to enhancing shareholder value through what he calls “intelligence leverage.” By focusing on intelligence leverage, Saylor may aim to strengthen MicroStrategy’s dual identity as both a software company and a major institutional playe
XRP, Solana Among Altcoins Witnessing TD Buy Signal, Analyst Reveals
An analyst has pointed out how XRP and Solana are among the altcoins that have just observed a Tom Demark (TD) Sequential buy signal on their 4-hour prices. Four Altcoins Are Seeing A Buy Signal On The TD Sequential In a new post on X, analyst Ali Martinez has talked about the TD Sequential signal […]
Cryptocurrency Trends to Watch: What Every Investor Needs to Know
Each day brings fresh cryptocurrency trends, and the crypto wave continuously impacts the world in ways we have never experienced. To win as an investor in this volatile landscape, keeping track of these trends is essential. Being aware of these trends helps you reduce losses and double your profits with a better strategy. In this […]