The acquisition could strengthen Tether's market position, potentially impacting global stablecoin dynamics and U.S. economic policy influence. The post Cantor Fitzgerald, led by Trump’s Commerce secretary nominee, struck deal to acquire 5% stake in Tether appeared first on Crypto Briefing .
The crypto universe has concluded yet another week, primarily with riveting developments unfolding across the broader sector. Bitcoin (BTC) continues to pump, hitting a new ATH this week. Simultaneously, Ripple’s XRP garnered significant market attention, recording considerable gains. The broader market continues to leverage investor optimism post-U.S. elections that saw Donald Trump reelected as the The post Crypto Market This Week: BTC Continues To Soar, Ripple’s XRP Bullish appeared first on CoinGape .
The Ethereum price has formed a key technical pattern reminiscent of the one observed in 2017 when the cryptocurrency embarked on a major bull rally. According to a crypto analyst, this pattern, known as the ‘Bullish Megaphone‘, could signal a possible price rise to $10,000 for ETH. Related Reading: Chinese Court Declares Personal Crypto Ownership Legal In Mainland China Bullish Megaphone Sets Stage For Ethereum Price Rise To $10,000 A Blockchain and crypto technical analyst, identified as ‘EtherNasyonal,’ on X (formerly Twitter), has predicted that the Ethereum price could soon surpass $10,000. According to the analyst, Ethereum‘s price action currently showcases a historical chart pattern, the Bullish Megaphone, observed during the 2016 to 2017 bull market. The Bullish Megaphone pattern is a technical indicator consisting of two higher highs and two lower lows, often indicating a potential uptrend continuation for a cryptocurrency. This technical pattern is considered bullish when a cryptocurrency’s price breaks above the trend line with increasing volume. Looking at the analyst’s Ethereum price chart from 2016 to 2017 and another for 2024 to 2025, the Bullish megaphone pattern has formed in both bull cycles. Moreover, at the end of the key technical pattern in 2017, the Ethereum price skyrocketed to new price levels, surpassing the $1,200 mark by 2018. EtherNasyonal has suggested that as Ethereum repeats this pattern in the current bull market, it could signal a similar massive price surge, with a potential rally above $10,000. As of writing, CoinMarketCap reveals that the price of Ethereum is trading at $3,353, marking a 7.24% surge in the last seven days. At its current price, a rally to the $10,000 mark would represent a 198% increase for Ethereum, highlighting a substantial surge in value. The analyst has also noted that altcoins will likely follow Ethereum’s bullish momentum and experience a similar uptrend. This price rally in ETH could further impact the future trajectory of altcoins in the crypto market this bullish cycle. Is The Altcoin Season Here? Historically, Ethereum has been a significant catalyst or determining factor to the start of the highly anticipated altcoin season. While Bitcoin’s dominance tends to decline significantly around this period after experiencing a remarkable bull run, altcoins typically follow this bullish trajectory, with Ethereum taking the lead as it trails behind Bitcoin’s price rally. MikyBull Crypto, a prominent analyst on X, declared that the altcoin season for this current bull cycle has officially begun. For clarity, the altcoin season is after Bitcoin’s consolidation phase, which follows a rally, where smaller-cap cryptocurrencies begin a strong market rally. Related Reading: Bitcoin Price Mirrors 2017 Pattern, Is The Top Only 2 Weeks Away After Hitting $100,000? MikyBull Crypto has optimistically revealed that from late December 2024 to March 2025, investors and the broader crypto market may witness “the real fun” of the altcoin season. This suggests that the altcoin market is expected to embark on a significant rally, with numerous small-cap cryptocurrencies experiencing varying price increases. Feaatured image from The Guardian, chart from TradingView
The post Cardano Price Prediction: Will ADA Hit $2 First or XRP? Former Gains 50% appeared first on Coinpedia Fintech News ADA has currently slipped into the red zone, but it is holding strong above the $1 level. Up by more than 50 percent in the last seven days, ADA is eyeing the important $2 level. Similarly, Ripple’s XRP has also recorded impressive gains and is trading at $1.46 levels. Now, the question is which of …
On November 24th, COINOTAG News reported significant activity in the cryptocurrency markets, highlighting a notable transaction involving the address 5E2d6. This address has recently executed a withdrawal of 3.22 million
President Donald could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. President Donald (PRESDON), a new Solana memecoin that was launched today, is set to explode over 15,000% in price in the coming days. This is because PRESDON is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, President Donald can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to
Cardano has seen impressive growth recently, climbing 210% over the last month. The cryptocurrency is not only the ninth-largest by market capitalization but is currently trading at $1.07, its highest level since May 2022. Several analysts anticipated this growth and some believe its progress is closely linked to Bitcoin’s ongoing rally, which has also seen The post What’s Next For Cardano (ADA) After Surpassing $1 appeared first on Times Tabloid .
The synergy between Cantor Fitzgerald and Tether could reshape the stablecoin landscape as political affiliations evolve in the US. As volatility grips the crypto market, stablecoins like Tether become increasingly
The report comes five days after Cantor Fitzgerald's CEO Howard Lutnick was appointed as President-Elect Donald Trump’s Secretary of Commerce.
Ripple’s legal chief has unveiled bold strategies for incoming SEC leadership amidst crypto shifts, spotlighting Ripple’s battle-tested blueprint involving XRP. Bold Steps Needed: Ripple Legal Chief’s Vision for SEC’s Crypto Reset Ripple’s chief legal officer, Stuart Alderoty, shared his recommendations on social media platform X Thursday for the incoming U.S. Securities and Exchange Commission (SEC)