The XRP price could be preparing for its biggest rally yet, as a crypto analyst now points to a potential breakout that could send this altcoin soaring. After weeks of stabilization and momentum building, XRP is now testing key resistance levels, with the daily timeframe hinting at a possible surge above $2.33. XRP Price Gears…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3027.78, down 4.4% (-137.85) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher. Leaders: BTC (-2.2%) and XRP (-2.9%). Laggards: SUI (-8.2%) and NEAR…
JPMorgan (JPM) raised its price targets for a number of bitcoin BTC mining companies to reflect first-quarter results and changes to the bitcoin price and the network hashrate, the bank said in a report Friday. The bank lifted its CleanSpark (CLSK) price target to $14 from $12, its Riot Platforms (RIOT) objective to $14 from…
Cardano co-founder Charles Hoskinson has floated the idea of converting $100 million worth of ADA tokens into bitcoin BTC and stablecoins. “We could take $100 million of ADA in the treasury, convert it to a blend of stablecoins incumbent in Cardano so USDM and USDA and convert some of it in bitcoin to prime bitcoin…
Bitcoin Magazine Where Could Bitcoin Peak This Cycle? With Bitcoin looking as bullish as ever, the inevitable question arises of how high could BTC realistically go in this market cycle? Here we’ll explore a wide range of on-chain valuation models and cycle timing tools to identify plausible price targets for a Bitcoin peak. Although prediction…
DUBAI: Iran said several top commanders and six nuclear scientists were killed in Israeli strikes on Friday targeting Iran’s nuclear facilities, ballistic missile factories and military commanders to prevent Tehran from developing an atomic weapon. At least 20 senior Iranian commanders, including the head of the revolutionary guards, Aerospace Force Commander Amir Ali Hajizadeh, were…
ANKARA: Turkish President Tayyip Erdogan on Friday condemned Israeli strikes on Iran, calling it a “clear provocation” and warning that the government of Israeli Prime Minister Benjamin Netanyahu was attempting to drag the region into disaster. “The attacks of Netanyahu and his massacre network, which are setting our entire region and the world on fire,…
The Hash Ribbon “buy” trigger – a signal embedded in Bitcoin’s network hashrate dynamics – has flashed again, and technical analyst Astronomer Zero believes it could pave the way to at least $170,000 per coin. A chart the analyst posted on X on 12 June overlays every prior weekly‐time-frame Hash Ribbon entry since 2020 on…
Chinese tech giant Tencent is exploring a potential acquisition of Nexon, the South Korean game developer behind the hit title Dungeon & Fighter, Bloomberg reports. Nexon is heavily invested in Web 3 gaming, including the ambitious MapleStory franchise. The firm has reportedly approached the family of Nexon’s late founder Kim Jung-ju, who controls a 44.4%…
MTHATHA (South Africa): President Cyril Ramaphosa arrived Friday in South Africa’s flood-devastated Eastern Cape province, where a torrential storm killed at least 78 people, with the search for more bodies ongoing. Thousands of houses, roads, schools and health facilities were left caked in mud after being completely submerged in water from a winter storm that…
