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Is the Ripple XRP Price getting ready to fly?
This is an extremely good time for XRP.
Before the XRP Swell event in 2017, the XRP price shot up 115% and the next year, a much bigger spike of 220% was seen in its price.
Based on these historical gains, XRP can jump anywhere between $0.30 to $0.60.
However, once the event is over, XRP price losses as much as half of its value.
The digital asset saw a drop of 42% and 51% in 2017 and 2018 respectively after the event.
Hosted by Ripple, Swell brings experts from the field of financial services, payments, technology, and policy together to share “what’s unfolding in global payments today – and why it matters.”
The Swell event, that has been launched to compete with its rival Swift – the organizer of the Sibos conference – will be held this time from November 7 – 8 in Singapore.
Are Altcoins ready to explode?!
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
News Resources From Today’s Show:
The 10 largest crypto companies by number of employees:Binance: 1,635Coinbase: 1,195ConsenSys: 868OKEx + OKCoin: 548Ripple: 508Bitmain: 475Huobi: 453Circle: 350Tron: 250Bitfinex: 220
Source: LinkedIn
— Yano (@jason_yanowitz) October 11, 2019
XRP Ready to ‘Swell’ 220% in the Next Three Weeks as Ripple Event Nears
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BITCOIN WILL BE WORTH TRILLIONS AND BECOME A WORLD RESERVE CURRENCY 'BEFORE' 2024 SAYS MAX KEISER!
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Popular TV host of the Keiser Report and legendary Bitcoin bull Max Keiser predicts that ‘before’ the 2024 US presidential election BTC will be worth trillions and become the world reserve currency.
Max tweeted:
“Before 2024 US Presidential election:
1. BTC worth trillions
2. BTC – world reserve currency
3. Countries locked in Hash War
4. Most banks will be gone, replaced with Central Bank ‘crypto’
5. Combined political power of BTC billionaires will dominate policy”
Earlier this year, live on the Alex Jones show, Keiser officially raised his Bitcoin price target for the first time in eight years to $400K per BTC.
“I’m raising my official target for the first time in eight years,” Keiser told Jones in a February 17 video interview.
“I’m raising it to $400,000.” The BTC maximalist proceeded to argue that it is not too late to get into the revolutionary money of the future, and in fact, it’s just the beginning.
“So this is your new chance to make the bitcoin phenomenon work for you, Alex Jones.” Keiser clarified that the $400K target is based on the value of gold, and called bitcoin “gold 2.0.”
Then just last month Max upped his Bitcoin target again sharing, “People with zero Bitcoin exposure like Warren Buffett will see their wealth hyperinflate to nothing while Bitcoin’s price skyrockets 40-80x.”
So for Bitcoin to 80X at the time of his prediction, this would put the Bitcoin price at about $880,000.
In other trending Bitcoin News today:
“AFTER $17,150 TURNS INTO SUPPORT, BITCOIN COULD SURGE TOWARD $20,000”
Bitcoin has begun to surge higher again after multiple days of consolidation under $16,000. Hours ago, the leading cryptocurrency moved from the $15,900 resistance it was trading near toward $16,500.
Analysts are not yet convinced it’s clear skies for Bitcoin, though. This comes in spite of some sentiment shared that there is no serious technical resistance from here until $20,000.
Crypto-asset analyst Josh Rager recently shared 2 charts.
The chart depicted on the left shows that Bitcoin interacted with three levels on multiple occasions during the rally of late-2017 and early-2018: $16,173, $16,600, and $17,150.
The chart on the right shows that Bitcoin is currently approaching these technical levels. Considering their historical importance, there is a high likelihood they will act as resistance for the cryptocurrency moving forward. As Rager explained:
“Keep an eye on these key Bitcoin price levels (daily/weekly) from the 2017-2018 highs They could likely reject before moving higher But after $17,149, there isn’t a lot standing in the way before $19,000+.”
Analysts say that Bitcoin will soon hit new all-time highs.
Tyler Winklevoss, CEO of Gemini and a Bitcoin billionaire with his twin brother Cameron, recently stated:
“I do think we will see an all-time-high price for Bitcoin before 2020 is over. Even though the price has climbed from 10k to almost 14k in less than a month, it hasn’t really gone on a breakout run yet. When we start to see 3-5k surges then the bulls will be on the run.”
Winklevoss was recently quoted as saying that Bitcoin could hit $500,000 in the years ahead. Such a rally would give the cryptocurrency a higher market capitalization than gold has today.
He thinks that Bitcoin will achieve such a rally due to the immense buying pressure that will take place due to monetary inflation.
The Winklevoss twin added that the cryptocurrency is fundamentally better than the leading precious metal, which should aid a rally.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
Before 2024 US Presidential election:
1. #BTC worth trillions
2. BTC – world reserve currency 3. Countries locked in Hash War4. Most banks will be gone, replaced with Central Bank ‘crypto’
5. Combined political power of BTC billionaires will dominate policy
— Max Keiser (@maxkeiser) November 13, 2020
$BTCKeep an eye on these key Bitcoin price levels (daily/weekly) from the 2017-2018 highsThey could likely reject before moving higher
But after $17,149, there isn’t a lot standing in the way before $19,000+ pic.twitter.com/8sffFo6byo
— Josh Rager 📈 (@Josh_Rager) November 12, 2020
Bitcoin $20K is imminent. $250K is in range. Long term, $1M has been normalized. $10M is the dream.
But in time you’ll understand, Bitcoin begins at $100M.
— O₿iWan (@ObiWanKenoBit) November 13, 2020
After $17,150 Turns Into Support, Bitcoin Could Surge Toward $20,000
https://news.bitcoin.com/keiser-bitcoin-price-alex-jones/
Post Views: 322 -
Bitcoin Price Can Hit K When US Banks Invest 1% of Assets | Visa Reveals BTC and Crypto Support
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The increasing institutional interest in Bitcoin is “not hard to see” as U.S. regulators green light custody this week.
The BTC price will pass $20,000 if United States banks invest even 1% of their assets, one analyst believes.
Discussing institutional uptake of Bitcoin on July 23, Capriole digital asset manager Charles Edwards said that it was “not hard to see” the unfolding trend.
“If US banks put just 1% of their assets into Bitcoin as an investment, hedge or insurance… the Bitcoin price more than doubles,” he wrote on Twitter, adding:
“Just 1 NASDAQ stock (Grayscale) already owns 2% of circulating Bitcoin supply today. It’s not hard to see where this is going.”
Edwards uploaded a chart of U.S. banks’ burgeoning asset balances as proof of the potential impact that a lean towards BTC would have on the largest cryptocurrency.
Grayscale, as Cointelegraph reported, is now a giant among Bitcoin hodlers, together with payment company Square responsible for buying up the majority of mined coins this year.
Edwards’ comments are meanwhile timely.
This week, U.S. lenders received the green light from regulators to engage in cryptocurrency custody activities.
Whether an influx from the sector would ultimately benefit Bitcoin as an asset remains a contentious topic.
Previously, concerns circulated that institutional attention in the form of products such as a Bitcoin exchange-traded fund (ETF) would be detrimental to price discovery.
“It’s not a matter of good or bad, it’s just a fact,” Edwards added.
Nonetheless, other recent moves only serve to reinforce the market’s upward trajectory.
Paul Tudor Jones, the maverick investor who has become increasingly bullish on Bitcoin, recently revealed that he had already put as much as 2% of his wealth in BTC.
In other trending Bitcoin News today:
Payments Giant Visa Reveals Roadmap to Supporting Bitcoin (BTC) and Cryptocurrency
Visa is laying out its plan to support Bitcoin (BTC) and the cryptocurrency space at large.
In a new blog post, the payments giant says it recognizes the role of digital assets in the future of money.
“The concept of digital currency — or a digital version of cash controlled by a private key — was created more than a decade ago, with the launch of Bitcoin. Today, fiat-backed digital currencies, commonly referred to as “stablecoins,” have emerged as a promising new payment innovation, combining the benefits of digital currencies with the stability of existing currencies like the US dollar.”
Visa is already active in the cryptocurrency space, working with crypto platforms Coinbase and Fold.
The company says it plans to extend its services to digital currency wallets through its FastTrack program, allowing fintechs to integrate with Visa’s global network of 61 million merchants.
And in other trending BTC news today:
Top Analyst Bullish on Ethereum and Five Altcoins, Says Bitcoin Won’t Lead Surge in Crypto Market Cap
Crypto trader and analyst Michaël van de Poppe is bullish on Ethereum and a slew of altcoins.
Van de Poppe says ETH, rather than Bitcoin, will lead the way for a breakout in total crypto market cap.
The analyst believes Ethereum is “ready for $500” after recently pushing through the $250 price barrier.
Van de Poppe is also bullish on Chainlink (LINK), Elrond (ERD), TomoChain (TOMO), Perlin (PERL), and LTO Network (LTO).
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
$BTCClose above that red line today ($9300) and I might reconsider my short term bearish bias (mid-term bear bias remains).
Close below and I’ll consider shorting more aggressively targeting the green line ($8500) first and green area second (~$7000) pic.twitter.com/ql3cOXKKdQ
— DonAlt (@CryptoDonAlt) July 22, 2020
If US banks put just 1% of their assets into #Bitcoin as an investment, hedge or insurance…… the Bitcoin price more than doubles.Just 1 NASDAQ stock (Grayscale) already owns 2% of circulating Bitcoin supply today.
It’s not hard to see where this is going. pic.twitter.com/i3oqPTcAPl
— Charles Edwards (@caprioleio) July 23, 2020
The total market cap of crypto will break out (most likely) upwards.
That’s not going to be through $BTC.
That’s going to be through $ETH.
As $ETH is very undervalued.
— Crypto Michaël (@CryptoMichNL) July 22, 2020
Why Regulators Allowing US Banks to Hold Bitcoin Is So Positive for Crypto
https://cointelegraph.com/news/bitcoin-price-can-hit-20k-when-us-banks-invest-1-of-assets-analyst
Post Views: 303 -
BITCOIN PRICE REACHING BITCOIN PRICE REACHING $1,000,000 ‘DOESN’T SOUND CRAZY’ | BTC Tumbles, Altcoins in Deep Red,000,000 ‘DOESN'T SOUND CRAZY’ | BTC Tumbles, Altcoins in Deep Red
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Shark Tank host Robert Herjavec is certain that BTC is a good buy at the current Bitcoin price.
The Canadian businessman who’s known as the host of the hit TV show ‘Shark Tank,’ is a ‘big believer’ in Bitcoin (BTC) and electronic payments in the future, unlike his fellow host Mark Cuban.
When asked about analysts who say that the BTC price could reach $100,000 or even $1 million during his recent Kitco interview, Herjavec said that it didn’t sound crazy to him on a long-term basis.
Herjavec says that one of the main challenges for Bitcoin is the existence of multiple forks.
“There is no one Bitcoin. There are different types of Bitcoin, and I think it’s a bit of a fragmented industry.”
There are currently three different versions of Bitcoin in the top 10, which signifies how divided the community is.
However, the original Bitcoin still blows out of the water its forked versions given that it is responsible for almost 64 percent of the total market cap.
Bitcoin Tumbles, Altcoins in Deep Red – Here’s Where BTC, ETH and XRP Will Land, According to Top Crypto Analysts
As Bitcoin continues to slide toward $9,000, crypto analysts are trying to gauge when the bleeding will stop.
Now that BTC has firmly slipped below $9,300, analyst Josh Rager says he thinks the leading cryptocurrency will continue to head south to support at around $8,600.
Meanwhile, Scott Melker of Texas West Capital says Bitcoin bulls need to protect the $9,090 level to avoid a larger move to the downside.
“The next support for me is still THE LINE at $9,090. For now, price bounced there to the dollar. Now let’s see if it holds.”
Fellow analyst Filbfilb tells his followers on Telegram that he believes BTC will likely hit a bottom at around $8,800, which is the current 200-day moving average on TradingView.
“Downside targets the 200-day moving average, 20-week moving average, and 50-week moving average seem good for a bounce, but the 200-day moving average is never really lost in a bull run, so losing that could be more of a significant issue. Nevertheless, I’m looking for longs down there.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
I spoke to @jchatterleyCNN this AM.Explained why Warren Buffett isn’t a great person to listen to on technology and why Bitcoin’s monetary policy is superior to fiat monetary policy.If this video gets 500,000 views, Julia will bring on more Bitcoiners.
You know what to do 🙏🏽 pic.twitter.com/lEcyQkbG6w
— Pomp 🌪 (@APompliano) February 25, 2020
$ETH vs USD update>Tapped in to $275-280 resistance>At diagonal support>If lost, I expect a heavy sell-off>$241 first support
>$208-211 remains valid if $241 is lost pic.twitter.com/Rmu2o59Gra
— //Bitcoin 𝕵ack (@BTC_JackSparrow) February 25, 2020
From this morning’s edition of The Wolf Den…”The next support for me is still THE LINE at $9,090…” For now, price bounced there to the dollar.Now let’s see if it holds.
To read my top to bottom analysis on $BTC (and much more), join below. https://t.co/ccjxa38HLr
— The Wolf Of All Streets (@scottmelker) February 26, 2020
There’s the break and bounce off the high volume node for $BTCI don’t expect a trend reversal back up, instead can suspect for this to continue down with more retests of $9300
If that area breaks, IMO we head to $8600 to $8700 pic.twitter.com/T37xGrHdOP
— Josh Rager 📈 (@Josh_Rager) February 25, 2020
https://cointelegraph.com/news/anthony-pompliano-speaks-to-cnn-about-warren-buffett-and-bitcoin
https://u.today/bitcoin-btc-price-reaching-1000000-doesnt-sound-crazy-to-shark-tanks-robert-herjavec
Post Views: 305