Stellar’s recent rally has catapulted it to the forefront of the crypto market, spiking 220% and testing critical resistance levels at $0.3. This surge is noteworthy amidst an overall market
The post Elon Musk Warns U.S on Brink of Bankruptcy : Can Trump’s Bitcoin Reserve Plan Fix It? appeared first on Coinpedia Fintech News According to the latest D.O.G.E report, the U.S. government’s financial crisis deepened in FY2023, with a staggering $6.16 trillion in spending against only $4.47 trillion in revenue, leading to an ever-widening deficit. The last time the government ran a budget surplus was back in 2001, and now there is a strong call to reverse this …
Bullish breakouts across multiple AI-focused cryptocurrencies, including Injective (INJ), The Graph (GRT), and Render (RENDER), highlight a potential shift in the altcoin market. These tokens are showing synchronized price movements, attracting attention within the crypto community. Bitcoin’s surge to $99,800, just shy of the $100,000 mark, has shifted investor interest toward altcoins. Early performers like The post AI Tokens INJ, GRT, RENDER Lead Altcoin Rally With Bullish Breakouts appeared first on Coin Edition .
As Bitcoin inches closer to its anticipated $100K milestone, a notable supply squeeze on exchanges sparks renewed investor interest. The rapid increase in Bitcoin withdrawals, totaling $6.37 billion recently, indicates
A widely followed analyst is leaning bullish on Bitcoin (BTC) amid the flagship’s rally of close to 50% over the past 30 days. The analyst pseudonymously known as Pentoshi tells his 821,000 followers on the social media platform X that Bitcoin could go up by around 82% from the current level. But the analyst notes The post $180,000 Bitcoin Incoming Before BTC Goes ‘Higher Than We All Imagined,’ Says Top Analyst – Here’s His Timeline appeared first on The Daily Hodl .
Bitcoin’s $100K milestone nears amidst a supply squeeze.
Bitcoin flirts with $100K after SEC Chair Gary Gensler announces resignation. Anthony Pompliano calls the timing "poetic" for crypto's biggest milestone. The post Could Bitcoin Reach $100k This Weekend? Anthony Pompliano Says It Would Be ‘Poetic’ appeared first on Cryptonews .
In a recent X post, Rich Dad Poor Dad Author and Bitcoin supporter Robert Kiyosaki criticized the US Federal Reserve. Kiyosaki also lauded MicroStrategy founder Michael Saylor’s Bitcoin strategy, citing the potential of BTC to avoid financial difficulties. Notably, this comment also comes after the author recently backed Saylor’s bold forecast for BTC to hit The post Robert Kiyosaki Criticizes US Fed; Lauds Michael Saylor’s Bitcoin Buying Strategy appeared first on CoinGape .
Altcoins posted significant gains this week buoyed by Bitcoin's rally.
Skepticism emanated in the crypto community after Jim Cramer endorsed Bitcoin, dubbing the asset a winner as he encouraged investors to own it. The “Mad Money” host had kind words for the pioneering cryptocurrency in the Lightning Round section of his show , stating that he would encourage buying into Bitcoin. In a scenario widely deduced to have a converse outcome, Cramer called Bitcoin a winner.Notably, Cramer’s comments came after a Florida-based caller mentioned that he bought MicroStrategy’s stock (MSTR) in 2023, accruing an over 1,000% portfolio increment. The caller also mentioned he does not plan on selling, lauding the software firm’s co-founder, Michael Saylor.The bullish sentiment prevails despite the recent price dump the MicroStrategy stock experienced on Thursday. Notably, the price of MSTR soared from $370 to $543 in three days but eventually crashed 30% in an hour. Despite this, the stock retained a 62% gain in November and 473% rise this year.In response to the recent investor comment, Cramer argued that although MSTR is a Bitcoin player, he refers to owning Bitcoin directly. The "Mad Money" host then stated that “all I can tell you is own Bitcoin, that’s a winner.”Inverse Cramer in Play?Meanwhile, this high praise from the long-term Bitcoin critic did not bode well with the crypto community. Following his comments, enthusiasts pointed to the “Inverse Cramer” theory, which has accurately predicted moves in the past.Notably, the CNBC “Mad Money” host has a track record of seeing his predictions play out conversely. His blunt inverse stock and crypto predictions led to the creation of an exchange-traded fund (ETF), allowing users to bet on the opposite of the TV personality's market recommendations.As a result, investors have humorously sensed Cramer’s Bitcoin lauds as a sell signal. The general consensus believes that the current bull run might be in jeopardy following the TV presenter’s endorsement of the bullish premier asset.The Crypto Community ReactsCramer’s Bitcoin comments have tongues wagging as speculations of the asset peaking at $100,000 emerge. For instance, a user teased that it was over for Bitcoin, jokingly stating it was fun while it lasted. He then alleged that Cramer just confirmed that $100,000 is Bitcoin’s top.Another user emphasized the likely catastrophic outcome for bulls, asserting that “the bull market just signed its death certificate.” However, on-chain security tool Harpie argued that the inverse Cramer theory would not work for Bitcoin this time. The firm insisted that the leading cryptocurrency is too bullish to stall on the Cramer effect.