Author: Umar Hashmi

Cryptocurrency

Bitcoin Slips to $101K, Altcoins Spiraling on Federal Reserve’s Hawkish Tone

The Federal Reserve cut rates by 25 basis points as expected, but Fed Chair Jerome Powell’s hawkish press conference. What to know: The Federal Reserve has cut its benchmark fed funds rate by 25 basis points to the 4.25%-4.50% range. The “dot-plot” projects the Fed lowering rates to 3.9% next year, signaling fewer cuts than in its September projection. The Fed’s PCE inflation expectation for 2025 also rose to 2.5%. Fed Chair Jerome Powell said that the projected slower path of further rate cuts reflects hotter inflation readings in previous months and higher inflation expectations. Bitcoin slipped to $101,000, down…

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Cryptocurrency

Bitfinex Predicts Bitcoin Will Skyrocket to $200K by Mid-2025

Analysts predict the bull market, driven by ETFs and institutional demand, will peak in Q3-Q4 2025, following post-halving trends. Bitfinex analysts predict that Bitcoin could surge to $200k by mid-2025. This prediction follows a year packed with historic milestones, including the first-ever spot crypto ETF’s launch. Analysts published a report on Monday stating that 2024’s halving year signals a historically bullish trend in the following year. They added that consistent buying support from ETFs and institutional investors will likely keep corrections relatively small in the current Bitcoin bull cycle. Bitfinex Predicts Bitcoin Could Peak at $200K Post-Halving, Despite 2025 Volatility “The current bull…

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Cryptocurrency

THIS is Bitcoin next target: If Kraken whales are to be believed

Will BTC momentum weaken at $150K-$160K? This data suggests so… BTC topped $107K amid increased optimism of a likely US national reserve.  Kraken whales placed sell orders at $150K-$160K price targets.  On the 16th of December, Bitcoin topped $107K on growing hopes of the US creating a national BTC reserve. The enthusiasm could make the next $110K target reachable, but Kraken whales eyed $150K-$160K price levels. According to BTC on-chain analyst, Bitcoindata21, Kraken whales’ sell orders above $150K mirrored the early 2024 trend which muted the cryptocurrency momentum below $80K. He said, “Kraken whales are starting to tell us where bitcoin price is…

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Cryptocurrency

6 Signs Ripple (XRP) Is About to Make Another Colossal Splash

Bitcoin is shooting for the moon again on the current macro market cycle. But since the start of November, Ripple nearly went parabolic. XRP prices rose from under $0.50 to above $2.70 by Dec. 3. So, will Ripple token prices fizzle out and consolidate with long-term support at a lower level? Or will XRP continue to skyrocket over the next 60 days? Here are 6 of the most current signals regarding XRP’s price. But real quick first: As for more focused long-term accumulation holders and altcoin investors who make cyclical adjustments with the occasional swing trade to optimize their strategy: Is…

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