Bitcoinist·
Market analyst Ryker has called out XRP as the biggest crypto scam. The analyst alluded to the token’s inflation and how it is currently trading at a high valuation despite supposedly lacking any real utility. Analyst Calls Out XRP As Scam Crypto Project In an X post, Ryker again warned that XRP is the biggest […]
Read full articleCrypto ETF markets remained under sustained pressure on Thursday as bitcoin funds extended their losing streak to five straight sessions and ether ETFs marked a ninth consecutive day of outflows. XRP and solana products, however, continued to attract fresh capital, reinforcing a growing split in investor appetite. XRP ETFs Add $8.8M as Bitcoin and Ether […]
XRP is trading in one of its most important technical zones of the year, with a new two-week chart analysis arguing that the larger Elliott Wave structure has not broken down. The setup, which was shared by crypto analyst Dark Defender, places XRP near the end of a narrowing resistance and support apex, where the next major move could decide whether the cryptocurrency will still be trapped below short-term resistance or beg a stronger upward rally to defined resistance levels. XRP’s Elliott Wave Count Still Points To A Larger Bullish Structure Dark Defender’s analysis is built around the view that XRP’s primary Elliott Wave structure is still intact on the two-week candlestick timeframe chart. The chart shows XRP moving through a larger five-wave sequence, with the current price action around the end of Wave 4. Related Reading: Analyst Says Solana And XRP Investors Are In Trouble, What’s Going On? According to Elliott Wave theory, Wave 4 is the second corrective phase in a five-wave
A potential 15% S&P 500 drop amid inflation could trigger a shift from equities to bonds, impacting asset valuations and investor strategies. The post Zweig-DiMenna warns S&P 500 could drop 15% amid inflation threat appeared first on Crypto Briefing.
SHRMiner launches free crypto mining service for BTC, XRP, DOGE, LTC, and ETH passive income seekers. As cryptocurrencies gain increasing popularity worldwide, more and more investors are seeking ways to generate a steady stream of passive income without the need…
A permanent toll on the Strait of Hormuz could exacerbate global inflation, impacting energy markets and increasing demand for inflation hedges. The post Iran and Oman negotiate permanent toll system for Strait of Hormuz, raising energy price and inflation concerns appeared first on Crypto Briefing.
The founder of on-chain analytics firm CryptoQuant has highlighted how the signals related to a Bitcoin bull run haven’t switched on yet. Bitcoin Bull Score Index Is Still Inside The Neutral Territory In a new post on X, CryptoQuant founder Ki Young Ju has shared the latest trend in the Bull Score Index for Bitcoin. This on-chain metric combines the data of several different indicators to give a single score for the network. Related Reading: XRP Declines 8%, But Whales Scoop Up 71 Million Tokens More specifically, the index makes use of ten metrics. Some of the popular ones part of it include the MVRV Z-Score, Trader Realized Price, and Stablecoin Liquidity. The Bull Score Index calculates its value in a simple manner: it counts up the number of metrics flashing a bullish signal for the cryptocurrency and multiplies the total by 10. When the indicator has a value greater than 60, it means more than six metrics are pointing to positive market conditions. Such a trend implies BTC may be
The new Fed chair's challenge with inflation and market confidence could redefine crypto's role as an inflation hedge amid economic uncertainty. The post Bitcoin treads water as new Fed chair inherits a confidence crisis appeared first on Crypto Briefing.
Lagarde's warning highlights the enduring economic shifts post-crisis, affecting inflation, consumer behavior, and market volatility. The post European Central Bank’s Lagarde warns of lagging effects from crises appeared first on Crypto Briefing.
