Bitcoin’s Quiet Buildup: Analyst Predicts Major Inflows Yet to Come—Here’s Why
NewsBTC
by Samuel Edyme
4m ago
Recent insights from a CryptoQuant analyst suggest that Bitcoin’s recent price action could be the beginning of more substantial movements. The analyst, sharing insights on QuickTake, points to historical data on Bitcoin’s price trends and newcomer activities. This data comparison shows that the most significant bull cycles in Bitcoin history have often peaked when the influx of new investors reaches a specific threshold—a phenomenon fueled by a fear of missing out (FOMO) among new entrants. Related Reading: Bitcoin Traders Brace for Impact: QCP Capital Signals Incoming Price Drop—Here’s ..read more
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Analyst Says XRP Remains Strongest Compared To Bitcoin And Ethereum, Here’s Why
NewsBTC
by Scott Matherson
4h ago
Crypto analyst RLinda has revealed that XRP is showing impressive strength despite the decline in Bitcoin and Ethereum’s price. She explained why XRP suddenly has such a bullish outlook, considering that the crypto token has underperformed since the start of the year.  XRP Is The “Strongest” In The Market RLinda mentioned in a post on TradingView that XRP is the strongest in the market. She noted that the crypto token has been holding quite well as traders and investors are again becoming bullish on XRP due to its “improving fundamental backdrop.” She alluded to the long-running legal bat ..read more
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Crypto AI Token RENDER Soars 15.6% After Rebrand, Can It Hit $10?
NewsBTC
by Rubmar Garcia
5h ago
Today, the Render Network finalized its RENDER crypto AI token migration and upgrade. Following the highly anticipated rebrand, the AI token saw a positive price action, surging over 15% on the last day. Investors and market watchers expressed optimism about the rebranded token and consider it could hit $10 soon. Related Reading: Ethereum Targets Recovery: Can It Mirror Bitcoin’s Performance? From RNDR To RENDER Last year, the Render Network Foundation changed from Ethereum (ETH), where it was initially launched, to Solana (SOL). The move followed a community vote that passed two major upgrade ..read more
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Why Is ETH Price Struggling Despite The Spot Ethereum ETFs Launch?
NewsBTC
by Scott Matherson
8h ago
Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news’ event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and could see further decline from here, according to an analysis from Matrixport. Spot Ethereum ETFs Triggers Selling Following the launch of the Spot Ethereum ETFs, there was a lot of excitement in the market, especially around the fact that investors could now gain exposure to ETH w ..read more
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Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms
NewsBTC
by Godspower Owie
10h ago
Toncoin (TON) has recently seen a notable price decline, dropping below its 100-day Simple Moving Average (SMA). This breach of a critical technical indicator has placed the digital asset under bearish pressure, raising concerns among investors and traders. With the $6 mark now looming as a potential target, there is market speculation about whether the price will continue to decline or if a possible recovery could occur. This article aims to inform readers about the potential implications of Toncoin’s recent technical breach by providing an in-depth analysis of its market performance, specifi ..read more
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Bitcoin Supply Drop Signals Upbeat Price Movement, Analyst Says
NewsBTC
by Christian Encila
11h ago
After its latest halving event, Bitcoin sent a positive signal throughout the crypto market. Historically, this big drop in supply has been connected to notable price gains, which has inspired investor hope. Related Reading: Debunking Doubts: How XRP Could Achieve A 3-Digit Surge — Analyst The halving, which cut the rate at which new Bitcoins were made, has actually slowed the flow of new Bitcoins into the market. This sudden drop in supply, along with growing interest from institutions and wider use, is likely to push Bitcoin prices up. Many investors are attentively observing these dynamics ..read more
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VacEck Places $52.4 Million Price Tag On Bitcoin, But How Is This Possible?
NewsBTC
by Scott Matherson
13h ago
American investment management firm VanEck has set an astonishing price target for Bitcoin (BTC), the world’s largest cryptocurrency. This forecast, which seems almost inconceivably high compared to most market predictions, has garnered significant attention. Despite the ambitious forecast, VanEck’s research team has presented a comprehensive rationale explaining why they believe such a substantial price increase is attainable.    VanEck Predicts Bitcoin Valuation For 2050 On July 24, VanEck published a report, outlining the teams’ assumptions for a bull scenario in which BTC co ..read more
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Wall Street Expert Sees 20x Potential In Ripple Via XRP And IPO
NewsBTC
by Jake Simmons
14h ago
In a recent presentation, Linda P. Jones, a former Wall Street financial expert and author of the bestseller “3 Steps to Quantum Wealth: The Wealth Heiress’ Guide to Financial Freedom by Investing in Cryptocurrencies,” detailed her bullish outlook for Ripple, leveraging a valuation comparison with Coinbase and the potential of XRP. Why Ripple Could Be Massively Undervalued Jones began by noting Ripple’s present valuation on the Linqto investment platform at $7.5 billion—a stark contrast to its 2020 and 2022 valuations of $10 billion and $15 billion respectively. These figures were determined d ..read more
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Solana Set For 900% Rally With Breakout From This Pattern — Analyst
NewsBTC
by Christian Encila
16h ago
Recent events have brought Solana (SOL) to the spotlight, drawing in both experts and investors due to its notable price gain. According to market expert Ali Martinez, the price of Solana is likely to see a remarkable growth of 900%, which will ultimately result in the price reaching $1,630. Related Reading: Ethereum Name Service (ENS) 153% Rally ‘Underway’, Analyst Says Based on his prognosis, Solana might be about to perform better in the coming weeks or months. This is because it has recently displayed a pattern called a “bull pennant”, which in technical lingo usually means the price is se ..read more
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US To Buy $619 Billion In Bitcoin If Kennedy Jr. Is Elected
NewsBTC
by Jake Simmons
18h ago
During the industry day of the annual Bitcoin conference in Nashville, Tennessee, Robert Kennedy Jr., an independent candidate for the US presidency, unveiled an ambitious financial policy plan that could transform the United States into the world’s largest holder of Bitcoin. The policy centers on the strategic acquisition of Bitcoin, valued at $619 billion, to match the current US gold reserves. This move, according to Kennedy Jr., is aimed at redefining monetary policy and enhancing fiscal discipline within the federal government. Kennedy Jr. Vs. Donald Trump During a roundtable discussion w ..read more
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