Expert Finds Prime Bitcoin Buy Zone Below $60,000, Supported By This Vital In...
A new analysis released by CryptoQuant, written by contributor CryptoMe, suggests that Bitcoin (BTC) may still have room to fall this year, and that the collapse could give the ideal purchasing opportunity for long-term investors. Bitcoin Bottom At $54,000? In a Monday report, CryptoMe highlighted the cryptocurrency’s Realized Price indicator as a key reference point and argued that periods when spot prices dip at or below that level have historically been attractive accumulation zones. The Bitcoin Realized Price is, in simple terms, the market’s average cost basis: the price paid for all....
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XRP began April sitting above the key support level at about $1.30, yet the token remains well below where it opened the year. Historically, however, April has been one of altcoin’s strongest months, and a mix of on-chain data and a potentially decisive legislative event this month could result in a new turnaround. What Past Aprils Say About This Year’s Odds Market analyst Sam Daodu laid out the historical performance in a new report, noting that since 2014 April has produced an average return of 24.8% for XRP. On that metric, a rally of similar size from the current level near $1.34....
EDX Markets, the crypto exchange backed by Wall Street giant Citadel Securities, has applied to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter, according to a public filing disclosed Wednesday. The move comes as US regulators under the current Trump administration have adopted a more receptive posture toward crypto firms seeking to operate under federal banking charters. EDX Seeks OCC Trust Charter To Court Big Banks EDX’s chief executive, Tony Acuña‑Rohter, who is slated to join the proposed trust’s board, told Bloomberg that the exchange expects....
Bitcoin price remained supported above the $85,500 zone. BTC is now rising and might aim for a move above the $88,000 resistance zone. Bitcoin started a fresh recovery wave above the $87,000 zone. The price is trading above $87,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $88,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $88,000 and $88,200 levels. Bitcoin Price Remains Supported Bitcoin price remained stable above the $85,500 level. BTC formed a base....
Ripple Prime is pitching XRP not just as a traded asset, but as working collateral inside institutional market structure. In a March 17 interview with Jake Claver, international CEO Mike Higgins said Ripple’s acquisition of Hidden Road, now rebranded as Ripple Prime, is designed to bring prime brokerage, clearing, custody and treasury functions into a […]
On Friday, Ripple Labs announced the launch of “Prime Time,” following its acquisition of Hidden Road. The company will now be rebranded as Ripple Prime. The company confirmed the completion of the acquisition, making Ripple Labs the first blockchain payment company to operate as a global, multi-asset prime broker. How Ripple Prime Is Expected To […]