By Patrick Timely Key highlights: Arthur Hayes believes credit creation, not geopolitical noise, is the true driver behind market movements and Bitcoin’s price. Hayes argues that rising government spending and bank lending could inflate crypto without affecting essentials like food or rent. He predicts a bullish crypto cycle ahead, forecasting Bitcoin at $250K and Ethereum […]
Tag: ETH
By Afe Funbi Key highlights: PUMP price falls below significant support of $0.004, and continues to trend bearish with minimal signs of recovery. On-chain statistics and token allocation instill fears about concentrated ownership and long-term project sustainability. $0.0015 is being named by analysts as a crucial level, and technicals and volume action show no indication […]
By Emir Abyazov Ripple co-founder Chris Larsen has come under fire from the crypto community after transferring 50 million XRP—valued at approximately $175 million—to exchanges just as cryptocurrency prices reached recent local highs. Source: xrpscan Many observers accused Larsen of intentionally taking advantage of the peak to sell, prompting a fresh wave of scrutiny over […]