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Crypto Analyst Says Bitcoin Is Headed For $260,000 But This Must Happen First

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A crypto analyst has predicted that Bitcoin (BTC) , the world’s largest cryptocurrency, is on track to reach an unprecedented $263,000. However, he also emphasized that this bullish surge to new all-time highs is contingent on Bitcoin meeting specific market conditions.  Bitcoin Set For Massive Rally To $263,000 In an X (formerly Twitter) post on July 23, a crypto analyst identified as ‘Trader Tardigrade’ revealed that Bitcoin’s current price chart was forming a key technical pattern known as the “Cup with Handle chart pattern.” Notably, the Cup with Handle pattern is a unique technical indicator where the price movement of a cryptocurrency typically resembles a cup, followed by a downward price trend which emulates a handle. This handle often signifies a buying opportunity to go long on the asset.  Related Reading Polygon Network Active Addresses Just Hit A New Yearly High, But Why Is MAT...

Mumu The Bull Price Prediction: MUMU Soars 56%, But Traders Rush To Buy This AI Meme Coin Before It’s Too Late

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The Mumu The Bull Price soared over 56% in the last 24 hours to trade at $0.00006869 as of 7:35 a.m. EST as an investor frenzy around the meme coin erupts. With this meteoric rise, the MUMU price is up more than 88% on the weekly time frame and over 423% in the past month. Mumu The Bull Price Attempting To Flip Resistance 4-hour chart for MUMU/USD (Source: GeckoTerminal ) The Mumu The Bull price recently soared to as high as $0.00015993, but traders quickly took profit. As a result, the meme coin is now attempting to flip the resistance level at $0.00004766 into support. Closing a 4-hour candle above this threshold in the next 8 hours could give MUMU the foundation needed to keep climbing. Traders might subsequently enter into a long position for the crypto . With this potential buy volume, the Mumu The Bull price could try to overcome the resistance at $0.00008321 and might then rise to as high as $0.00011103 in the short term. On the other hand, the bullish thesis could be in...

Cardano (ADA) Falls: Ethereum’s Decline Pulls Altcoins Down

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Cardano price started a fresh decline below the $0.4120 support. Ethereum’s decline seems to be dragging ADA lower toward the $0.380 support. ADA price started a fresh decline from the $0.450 resistance zone. The price is trading below $0.4120 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.4060 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could continue to move down and test the $0.380 support zone. Cardano Price Shows Signs of More Downsides After a steady increase, Cardano faced sellers near the $0.450 resistance zone. ADA formed a short-term top and started a pullback below the $0.4250 level. Recently, Ethereum’s decline dragged it further lower below the $0.400 support. A low is formed near $0.3919 and the price is consolidating losses with a bearish angle. There is also a key bearish trend line forming with resistance at $0.4060 on the hourly chart of the ADA/USD pa...

Kamala Harris Will Not Attend or Speak at 2024 Bitcoin Conference

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Despite speculation to the contrary, the newly appointed Democratic presidential candidate, Kamala Harris , has reportedly declined to speak at the Bitcoin 2024 Conference. Bitcoin Magazine CEO, David Bailey, reported that Harris was “in talks” to attend the event. Her appearance would have certainly shifted the sentiment of the Democratic Party’s stance on crypto. Harris is vying for the 2024 presidency against former commander-in-chief Donald Trump. Trump has notably embraced crypto in recent statements and has assured the need for the US to remain a leader in the sector. Moreover, he will be speaking at the upcoming Bitcoin event being held in Nashville. JUST IN: Kamala Harris will not be attending or speaking at the 2024 #Bitcoin conference. pic.twitter.com/N9k9TQbX7c — Watcher.Guru (@WatcherGuru) July 24, 2024 Also Read: Kamala Harris Meme Coin Surges After Biden Drops Out Of Race Despite Speculation, Kamala Harris Will Not Speak at 2024 Bitcoin Conferenc...

New Olympic-Themed Meme Coin Solympics Explodes Over 400% – Next Crypto Trend to Watch?

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The meme coin space is rallying after the market downturn. Many of the top meme coins including WIF, DOGE, TURBO, and MEW have grown double digits in the last week. As we go into another meme coin season, investors are setting their sights on the Olympic Games as the driver of meme coin growth. Tokens like S olympics have already pumped massively, while others like Meme Games are hitting impressive numbers in their presale. Solympics Explodes 412% In Value Amidst Rug Pull Controversy S olympics (SOLYMPICS) is an Olympics-themed meme coin on the Solana blockchain. In the last 24 hours, the token has skyrocketed 412.75% all the way up to $0.003633 per token. The token’s launch has been an exciting event for all holders, giving them an opportunity to get a quick 4x return on their investment. With that being said, S olympic...

Last Chance: 99Bitcoins Enters Final Leg Of ICO With Over $2.5M Raised

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The leading platform in crypto education, 99Bitcoins ($99BTC), is entering the final stretch of its presale and is slated to wrap up fundraising efforts by August 6. Since kicking off its presale in April, 99Bitcoins has raised $2.5 million through its native token, $99BTC. The token lies at the heart of its innovative learn-to-earn model, offering users exclusive training courses, trading signals, VIP groups, mentoring, and more. Currently priced at $0.00115, the token will see a final increase of $0.00116 in this last stage of its ICO. However, don’t expect this price to stay stagnant. With its established name in crypto education and plans to launch on decentralized exchanges (DEXs) this quarter, 99Bitcoins anticipates a surge in liquidity that could drive its value significantly higher. Bitcoin Falls To $66.2k – Is Elon Musk Accumulating $BTC Again? Bitcoin has slightly declined over the past two days, dropping 1.7% from $6...

How Much Ripple (XRP) Investment From 2018 Is Worth Today

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What if you had invested $1,000 in Ripple ’s native token XRP in 2018? That was six years ago and hoped that it would deliver you stellar profits in the long run. In this article, we will highlight how much an investment of $1,000 in XRP done in 2018 will be worth today in July 2024. Also Read: VeChain (VET) July 31, 2024 Price Prediction In July 2018, Ripple ’s XRP was trading at $0.45 and was the most talked about cryptocurrency in the market. However, it dipped relentlessly in the charts since then and struggled to climb above the $1.5 mark. Source: Coingecko An investment of $1,000 in XRP in 2018 could have fetched you 2,222 tokens. Fast-forward to 2024, XRP is currently hovering around the $0.60 mark. Therefore, the altcoin has spiked only 15 Cents in the last six years amid all the ups and downs. Also Read: Warren Buffett Dumps $1.5 Billion Worth Bank of America Shares Therefore, an investment of $1,000 in XRP in 2018 is worth $1,335 in July 2024. That’s an uptic...

Let’s talk about Tether’s investments

As Tether has grown exponentially over the years, it has also altered the composition of what provides backing for every one of its tokens. In some quarters, this has been perceived as positive, particularly the fact that the company has moved away from commercial paper of unknown quality into US treasuries and repo markets. However, Tether also has a variety of ‘other investments’ — many of which have been shared publicly on its Crunchbase profile. Celsius Network Tether ’s first investment was in the now-defunct crypto lending platform Celsius . Run by Alex Mashinsky and his cronies, the lending company declared bankruptcy after collapsing under the weight of its own poorly enacted market manipulation and fraud. Tether made an announcement in 2022 that stated, “Tether’s portfolio does include an investment in Celsius,” but added that the investment was actually for shareholder equity and that there was “no correlation between this investment and Tether’s own reserves or st...

Turbo Price Prediction: TURBO Pumps 11%, But Traders Are Rushing To Buy This AI Meme Coin Rival With Time Running Out

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The Turbo price soared 11% in the last 24 hours to trade for $0.006972 as of 00:05 a.m. EST on a 40% surge in trading volume. With the price and trading volume surging, traders anticipate more gains for the TURBO token, with some forecasting a new all-time high. $TURBO Possible to Hit New ATH Soon.#TURBO #TURBOUSDT pic.twitter.com/xE4EFUPGoY — HexaTrades📈📉 (@HexaTrades) July 21, 2024 The surge comes amid broader market optimism as altcoins take their cues from the pioneer cryptocurrency, Bitcoin. For TURBO, this is enhanced as it meets users where meme coins and AI concepts intersect. TURBO is the first ever meme coin created by AI, having started as a bold experiment in cryptocurrency creation. Inspired by the power of artificial intelligence, the project’s founder turned to GPT-4 with a simple challenge: create the next great meme coin. GM ☀️ $Turbo Community! Let’s start the day with a nice pump 🚀 pic.twitter.com/HS7dev...

Forbes Provides New Price Prediction for Shiba Inu (SHIB)

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The Shiba Inu [SHIB] network has one of the most active communities in the market. Despite its relatively late entry into the crypto currency scene, SHIB has managed to outshine assets that have been in the market for a while. It looks like SHIB will continue dominating the space in terms of popularity. But what about its price? The meme coin has had troubles with regard to its price. Things could be shifting as Forbes released a fairly bullish prediction for the next six years. The Forbes article highlighted the modest origins of the Shiba Inu in 2020. During this time, the asset was just another canine-inspired meme coin similar to Dogecoin [DOGE]. Despite this, SHIB has grown rapidly and is ranked 12 in terms of market capitalization. In addition, SHIB is the second-biggest meme coin, trailing only DOGE. At press time, SHIB was trading at $0.00001746 with a 4% daily increase. Source The report brings several predictions to light. Utkarsh Tiwari, the chief strategy officer of KoinBX,...