XRP on Edge of Explosive 30% Breakout, New Price Prediction Reveals
XRP is currently at $2.19, after dipping to around $1.97, and the latest price projection by analyst Ali Martinez suggests it is heading toward the middle of the range around $2.60 — a 30% increase from the local bottom set on Nov. 24. The chart is binary: the lower boundary held, the…
Strategy's Unprompted $25,000 BTC Price Scenario Raises Eyebrows
Strategy (formerly MicroStrategy) recently took to the X social media network to emphasize that even if Bitcoin (BTC) fell to $74,000, it would have 5.9x coverage over its convertible debt. Even at $25,000 per BTC, coverage would still be 2x. Bitcoin is currently trading at $87,567, according…
Fidelity: Bitcoin Collapsing Is Probably 'Good Thing'
Jurien Timmer, director of global macro at Fidelity, has opined that speculative assets (meme stocks, SPACs, non-profitable tech companies, recent IPOs, and Bitcoin) experiencing a crash is "probably a good thing."He has implied that the pullback in these highly speculative areas can be…