Bitcoin at $107,000 is a fair price, according to options traders

The digital currency is setting new all-time highs. Despite this, the market, in general, remains extremely greedy. Bitcoin (BTC) surpassed $107,000, achieving a new all-time high that boosted the accumulated gain since the US elections to more than 50%. US President-elect Donald Trump’s promise to create a strategic bitcoin reserve has supported the currency’s recent … Read more

Tomorrow RLUSD, Ripple’s new cryptocurrency, will be launched

Ripple has made alliances with exchanges to launch this new cryptocurrency. If RLUSD is functioning properly, it should maintain price parity with the US dollar. The Ripple company has announced that its new stablecoin, Ripple USD (RLUSD), will be available on global exchanges starting tomorrowDecember 17, 2024. RLUSD, whose price must always be 1 dollar, … Read more

Cardano is forming a bullish structure. Where will its price go next?

Cardano (ADA) is one of the cryptocurrencies that rose the most in price in the last 30 days and remains above $1. Thanks to this rally, the native cryptocurrency of the Cardano network was trading above $1.30, a level not seen for three years. After reaching that maximum, ADA experiences bearish correction, a healthy movement … Read more

Bitcoin is approaching a critical resistance zone

Bitcoin (BTC) is not only breaking records, it is redefining what many considered possible in the digital financial realm. At the time of writing this article, BTC has reached new all-time highs near $107,000placing itself in an “exploration zone” where each step forward is a new unknown territory. Bitcoin’s rise to this point (positioning it … Read more

Wednesday will be a key day for the price of bitcoin. What expectations are there?

A slight interest cut is expected, compared to the current rate. Santiment makes bullish projections for bitcoin. The economic calendar set for this week suggests a period of high volatility for markets, including bitcoin (BTC) and cryptocurrencies. Above all, the interest rate decision of the Federal Reserve (Fed), Central Bank in the United States, scheduled … Read more

Bitcoin set a new all-time high against gold

Bitcoin (BTC), the first digital currency on the market, continues to make bullish steps against gold. The crypto asset reached a price above $106,000 in the last few hours, establishing a new all-time high. This increase also led the crypto asset to reach a record against goldreaching 40 ounces per bitcoin before falling back to … Read more

Big compression in XRP anticipates explosive move

If this movement continues its trend, XRP would shoot higher. The rise of bitcoin favors the rise of cryptocurrencies. XRP continues to consolidate a bullish pennant, a figure that reflects optimism among its investors. In trading, a pennant is a technical analysis indicator that It is characterized by a period of consolidation in the market. … Read more

Former Thai minister urges government to boost economy with Bitcoin

Thailand should allow bitcoin payments in tourist areas, says former minister. According to Shinawatra, Trump’s return as president of the United States changes the economic game. Thaksin Shinawatra, the former prime minister of Thailand, gave a lecture called “the global situation and the need to adapt” in which he highlighted the importance of bitcoin (BTC) … Read more

“Bitcoin would gain even more when rate cut is confirmed this week”: Santiment

The next interest rate decision in the United States is Wednesday, December 18. There is a 96% chance of a 25 basis point rate cut, according to CME. The price of bitcoin (BTC) has reached $103,000 (USD) today, while a significant event is expected for the markets this week. This is the decision on interest … Read more

XRP drops and a quantum chip causes concern, find out in the news summary

After experiencing an unusual rise, the price of Ripple Labs’ cryptocurrency, Something similar happened with bitcoin (BTC), although at other levels, as the digital currency maintains its support at USD 100,000, which is fueled by capital inflows from bitcoin ETFs. In this way, it is evident that investors are considering the current market situation as … Read more