Author: CryptoHoppers
The cryptocurrency market continues to shift as new projects challenge established digital assets. Ripple (XRP) has long been a dominant force in blockchain-based financial transactions. However, recent developments suggest that investors are exploring alternatives. Rexas Finance (RXS) is gaining momentum as a strong contender in the growing tokenized asset sector. Ripple (XRP) has struggled to maintain upward momentum despite positive news, including an executive order from the U.S. government supporting digital asset reserves. The price of XRP is currently trading around $2.50, marking a 1.8% decline over the past 24 hours. Trading volume has also decreased by 7.5%, signaling lower…
Key Takeaways Bhutan’s government transferred $32 million worth of Bitcoin today, part of ongoing movements totaling $95 million in two weeks. The Gelephu Mindfulness City in Bhutan plans to include Bitcoin, Ether, and BNB in its strategic reserves for a digital asset ecosystem. Share this article Bhutan’s government transferred $32 million worth of Bitcoin to a new wallet today, its second crypto movement in two weeks, according to data from Arkham Intelligence.The transfer follows last week’s movement of $63 million in Bitcoin to three separate wallets. Druk Holdings, the government’s investment arm, maintains holdings of approximately 8,594 Bitcoin, valued at…
A crypto analyst known for accurately calling Bitcoin’s pre-halving correction last year believes that BTC needs to reclaim a key technical indicator as support to regain bullish momentum. Pseudonymous crypto strategist Rekt Capital tells his 542,600 followers on the social media platform X that BTC appears to be mirroring its price action in 2021 when Bitcoin consolidated between two key exponential moving averages (EMAs) on the weekly chart. According to Rekt, Bitcoin must convert the 21-week EMA into support to trigger the resumption of bullish price action. “Earlier this week, Bitcoin rejected from the 21-week EMA resistance (green). As a…
The Blockchain Group, a French blockchain company, has significantly increased its Bitcoin holdings. On March 26, the company announced the purchase of 580 BTC for approximately €47.3 million ($50.8 million). This acquisition boosts its total Bitcoin reserves to 620 BTC. The move highlights the company’s confidence in Bitcoin as a key asset. As more firms embrace Bitcoin, The Blockchain Group’s investment signals growing institutional interest in the crypto space.Continue To Read Source link
Michael Saylor’s Strategy boosts its Bitcoin holdings to 528,185 BTC, acquired for $1.92 billion at an average of $86,969 per coin. The most active public Bitcoin (BTC) buyer Strategy (formerly MicroStrategy) has acquired another 22,048 BTC, bringing its total BTC holdings at 528,185 BTC. In a March 31 post on X, Strategy’s founder Michael Saylor disclosed that the company acquired the latest tranche for $1.92 billion over six days, from March 24 to March 30. According to a disclosure filing with the U.S. Securities and Exchange Commission, Strategy purchased the tranche at an average price of at nearly $86,969 per…
Imagine you’re looking at a price chart, and you notice a pattern forming—something that looks like a mountain or a valley. What if I told you that these shapes could give you a serious trading edge? That’s where double tops and double bottoms come in. These patterns are like road signs telling you what might happen next in the market.If you’ve ever struggled to figure out when to enter or exit a trade, this guide is for you. We’ll break down these two patterns, explain how to spot them, and, most importantly, show you how to use them to make…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In what is being dubbed a major development in the crypto regulation space, the Governor of the US state of Kentucky, Andy Beshear, has signed the ‘Bitcoin Rights’ bill into law. The law promises to safeguard protections for Bitcoin (BTC) users. Bitcoin Rights Bill Comes Into Effect Crypto regulations continue to evolve under pro-crypto US President Donald Trump’s administration. In the latest development, Kentucky has become the newest state to enshrine protections for digital asset users. In an X post published on March 24, crypto advocacy group…
Key Takeaways Two Ethereum whales risk forced liquidations due to declining ETH prices. A combined total of 125,603 ETH on the Maker protocol could be liquidated if price thresholds are breached. Share this article Ethereum’s price fluctuations have placed whales on MakerDAO in a vulnerable position, with a combined 125,603 ETH worth around $238 million at risk of liquidation.Data tracked by blockchain analytics platform Lookonchain shows that one whale, controlling around 64,793 ETH, is close to its liquidation price of $1,787.With ETH trading at $1,841 at press time, this whale is only $54 away from its liquidation price.The trader narrowly…
Financial author Robert Kiyosaki has issued a warning about traditional currencies while advising his followers to earn and save in alternative assets like precious metals and cryptocurrencies. The “Rich Dad Poor Dad” author specifically highlighted silver as his top near-term investment pick. “For many, many years I have been recommending people not save ‘fake money’ a.k.a. FIAT government money,” Kiyosaki stated in an X tweet. “For years I have recommended saving real gold and silver coins…recently Bitcoin (BTC). Unfortunately most people work for and save ‘fake money.’” The Rich get RICHER: For many, many years I have been recommending people…
Solana (SOL) has been among the most successful blockchain initiatives of the past few years, rising from relative obscurity to becoming a major crypto player. Early investors who saw its promise saw their money explode as SOL produced terrific profits. One of those early Solana investors has now focused on Rexas Finance (RXS), suggesting that a significant positive turn could be around the bend. Given his track record of identifying high-potential ventures before they burst, this investor’s observations have great weight even as the crypto industry prepares for a 2025 bull run. His prediction for RXS suggests it could replicate…