Quotes

“Hmm is it likely that the price of crypto will drop significantly?” Cryptocurrency markets may have to brace themselves for a fall as US manufacturing production data came in higher than expected on Thursday. Reportedly, the ISM Manufacturing PMI index for January 2024 reached 49.1 points beating the Wall Street forecast of 47.2 points and […]

 “Hmm, is the price of BTC going to go down again?” The price of cryptocurrency king Bitcoin (BTC) plunged to $39,424 as bankrupt FTX sold nearly $1 billion of Grayscale Bitcoin Trust ETF (GBTC) since the fund switched to spot BTC ETF. Looking at filings from early November 2023, FTX held 22.3 million shares of […]

 “Yesterday’s CPI data was a bit boring, BTC price doesn’t seem to have a very noticeable reaction right?” The price of cryptocurrency king Bitcoin (BTC) saw a climb up to $48,937 as the United States (US) Consumer Price Index (CPI) data release last night showed a 3.4% increase for December 2023 compared to an expected […]

 As the warning has been given, investors witness changes in the current market movements, especially involving the US dollar currency. After moving weakly since last week and continuing into this week, the US dollar began to recover on Thursday yesterday to reduce some of the previous sustained losses. Other major currencies in the market were […]

 “Damn, what will the options trader do when the spot BTC ETF is approved?” The price of the cryptocurrency king Bitcoin that managed to break through $44,000 on December 5, 2023 has led options market traders* to be very optimistic that the spot BTC ETF will be approved in early January 2024. *Individuals who profit […]

 “It is indeed going up, but when will the crypto market make its upward phase?” The rise of the entire cryptocurrency market can be triggered due to the approval of the spot Bitcoin (BTC) ETF in the United States (US) and the BTC halving event that will take place in the spring of 2024. The […]

 The European Central Bank (ECB) has begun the Digital Euro Preparatory Phase, marking an important step in the development of a centralized digital currency for the 19 European Union countries that use the euro currency. The move comes after two years of research into the acceptability of the digital euro, which is expected to offer […]

 “It’s going crazy high, investors must be impatient to see the price of XRP go past $0.70.” The cryptocurrency Ripple (XRP) early this morning gave a surprise when its price managed to pass $0.68 where last Friday the digital asset was still trading between $0.59 and $0.61. John Deaton, a pro-XRP lawyer recently shared his […]