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news-imageJanuary 7, 2025

Trading Veteran Who Predicted Bitcoin's 84% Drop in 2018 Suggests XRP Could See Market Cap Surge to $500 Billion

Peter Brandt, a 77-year-old trading veteran who back in January of 2017 predicted bitcoin's 84% decline in 2018, has recently revealed that XRP is forming a bullish pattern that if completed could helped the cryptocurrency's market cap hit $500 billion.
Publisher: CryptoGlobe
Sentiment: Positive
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Positive
cover-imageUToday
January 8, 2025

XRP Stronger Than Everyone: 2.2 Million Transactions

As the most successful cryptocurrency, XRP has maintained its position as the most reliable asset on a market that is prone to volatility. At $2.03, XRP has risen 10.6% in the last week, surpassing Bitcoin, Ethereum and Binance Coin, which are suffering losses ranging from 4% to more than 8%.

Positive
cover-imageCoinPedia
January 8, 2025

Thailand to Launch Bitcoin Payment Pilot Program in Phuket In 2025

In a latest development, Thailand is all set to launch a pilot program in Phuket in 2025, enabling tourists to use Bitcoin for transactions and streamlining digital payments. It aims to trial cryptocurrency payments in Phuket, one of its most popular tourist destinations, by offering foreign visitors an alternative payment option.

Negative
cover-imageBenzinga
January 8, 2025

Bitcoin Could Drop As Low As $75,000 If It Fills This Liquidity Gap, Expert Warns

A significant gap in the Chicago Mercantile Exchange (NASDAQ:CME) Bitcoin futures contract near $75,000, suggests a potential downside move for Bitcoin (CRYPTO: BTC) in the short-term, according to Joe McCann, founder of Asymmetric. What Happened: McCann's analysis from Tuesday paints a bearish picture, shifting away from previous bullish sentiments, as he notes a confluence of technical and macroeconomic indicators pointing toward a near-term price correction.

Positive
cover-imageCryptoGlobe
January 8, 2025

Ripple President on Spot Crypto ETFs: ‘I Think XRP Is Likely To Be Next in Line After Bitcoin and Ether'

On Jan. 7, Ripple President Monica Long discussed her company's strategic direction during an interview with Bloomberg TV. She highlighted Ripple's ongoing efforts to increase the distribution and availability of Ripple USD (RLUSD) across additional exchanges, indicating that further developments and announcements are expected imminently.

Negative
cover-imageBenzinga
January 8, 2025

Bitcoin Slides 5%, Touches $95,000 Mark: Why Is BTC Going Down?

Bitcoin (CRYPTO: BTC) continues to slide following Tuesday's stronger-than-expected December Purchasing Managers' Index reading, with analysts attributing the sharp price decline to fallout in the bonds market. What Happened: It trades around the $95,400 mark after having touched $102,000 on Monday, down 5.3% over the past 24 hours.

Neutral
cover-imageCointribune
January 8, 2025

Why Could Bitcoin Drop Below 88,000 Dollars?

Bitcoin is facing significant downward pressure as markets react to uncertainties in U.S. politics. A sharp drop of $5,000 in a single day suggests a possible test of $88,000 in the coming weeks, according to analysts.

Negative
cover-imageCryptoGlobe
January 8, 2025

Why is XRP Down Today? Crypto Market Performance For Jan. 8

The cryptocurrency market has seen a $200 billion drawdown over the last 24-hour period as the prices of major digital assets including bitcoin, ether, and BNB plunged between 3% and 5.6%. Among the top digital assets XRP appears to be one of the best-performing ones, having taken a 2.

Negative
cover-imageBenzinga
January 8, 2025

What MicroStrategy's (Declining) Net Asset Value Premium Really Means For Bitcoin

Experts are raising concerns about MicroStrategy‘s (NASDAQ:MSTR) increasingly leveraged Bitcoin (CRYPTO: BTC) strategy, as its Net Asset Value (NAV) premium narrows and the pace of its Bitcoin acquisitions slows. Analysts tell Benzinga the market is maturing beyond reliance on singular entities like MicroStrategy, and the company must now demonstrate strategic value beyond simply holding Bitcoin.

Positive
cover-imageThe Currency Analytics
January 8, 2025

Kiyosaki Buys More Bitcoin, Predicts Surge to $350K in 2025

Robert Kiyosaki, the author of the famous financial book Rich Dad Poor Dad, has made headlines again for purchasing additional Bitcoin (BTC) after the cryptocurrency reclaimed the $100,000 mark. Kiyosaki, a long-time advocate of Bitcoin, has long pushed the asset as a hedge against inflation, and his recent move is rooted in his belief that Bitcoin could see even higher price levels in the near future.

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