Author: Meesum Raza
Meesum Raza is an experienced crypto journalist and senior analyst with a background in financial analysis. He has contributed to platforms like Business2Community and AMBCrypto and previously worked as a senior assurance associate at an audit firm.
Bitcoin price target could reach six figures by 2025 if its MVRV ratio keeps growing, say analysts. Bitcoin hit $69,000 on U.S. election day, Nov. 5, as a key on-chain metric turned bullish. This suggests Bitcoin’s uptrend toward $120,000 is still going strong. MVRV suggests uptrend with Bitcoin price target at $95K to $120K Bitcoin is trying to reach its 2022 all-time high of $69,000 as election worries affect the market on Nov. 5. In a market influenced by many big-picture issues, CoinLupin, an analyst at CryptoQuant, used a classic method to check Bitcoin’s value. He looked at the market…
Cryptocurrencies are still fresh and almost anyone can create them – even Donald Trump, the Republican presidential nominee once referred to it as “thin air” though he supports it now. Recently, Bitcoin has gone up, and some attributed it to a political change to the Republican Party before the 2024 elections. As of October 15, Trump took to X (previously Twitter) to say that crypto is the future and that he thinks that it is amazing. He also said he would like for the U.S. to control digital assets. Remember back in September, Standard Chartered analysts said if Trump get…
The SEC has delayed the decision on Ethereum ETF options until November, just days after approving BlackRock’s IBIT options for trading. Even though Ether (ETH) rose 15% in the last two weeks, its price has slowed down, staying between $2,700 and $2,600. ETH now has a market value of $316 billion, with over $15.7 billion traded in the past 24 hours. SEC delays Ethereum ETF decision, betting odds shift on ATH prediction The U.S. Securities and Exchange Commission (SEC) has delayed its decision on approving Ethereum ETF options, according to a filing from Sept. 24. Originally, the decision was expected…
Kamala Harris and Donald Trump both are presidency might be good for Bitcoin. People who support crypto are paying close attention to how the next election could affect the industry. Former President Donald Trump calls himself the “crypto president” and supports the industry, while Vice President Kamala Harris, who is running for president, has been quieter about her views on it. Matthew Sigel, who leads digital asset research at VanEck, and analyst Nathan Frankovitz think that both Harris and Trump could help Bitcoin grow. However, their leadership could lead to different results for the rest of the digital asset market.…