Crypto News: Bitcoin Price, ETH Updates, Rate Hikes & MORE!!
Published: 2023-07-24
Status:
Available
|
Analyzed
Published: 2023-07-24
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
High leverage, low liquidity, and low exchange balances of BTC and ETH suggest a potential for a significant price move in either direction.
"when you combine these apparently high levels of Leverage with low Market liquidity and historically low levels of BTC and ethon exchanges what you have is a recipe for an aggressive move to the upside or the downside"
Pending
A bearish catalyst could lead to cascading liquidations and a double-digit correction, while a bullish catalyst could result in BTC breaking yearly highs due to the liquidation of short positions.
"if this catalyst is bearish we could see a series of cascading liquidations akin to what we saw earlier this month a double-digit correction if this catalyst is bullish BTC could break out to another yearly High likewise driven by the liquidation of any crypto trades betting against the market"
Pending
Chainlink's CCIP protocol is expected to significantly expand the Ethereum ecosystem.
"ccip could mean that ethereum's ecosystem is about to expand in a big way"
Pending
The adoption of Solana's new EVM layer, Neon, will serve as a test to determine if Ethereum will maintain its dominance. If Neon is more adopted than Solana itself, it signals Ethereum's continued reign.
"the release of neon is going to be an interesting test of determining whether ethereum will reign supreme or not that's because Solana itself uses a different virtual machine for smart contracts if neon gains more adoption than Solana then it will be a clear sign that ethereum will continue to rain"
Pending
The potential distribution of ETH and BTC by whales, indicated by selling to exchanges, suggests that crypto prices may not see significant further gains in the short to medium term.
"it's possible that eth and BTC whales are in the process of distribution AKA taking profits if this is the case then it's quite bearish because it suggests that crypto prices may not go much higher than here in the short to medium term otherwise why would these whales be selling now"
Pending
Kuwait has implemented a complete ban on all cryptocurrency activities, including trading, mining, and payments.
"Kuwait has announced that it will completely ban cryptocurrency in the country and buy completely I mean everything trading mining payments you name it"
Pending
Kuwait's crypto crackdown, influenced by FATF, is likely to deter crypto adoption in the broader Gulf region.
"Kuwait's crypto Crackdown has likely sent shock waves through the otherwise pro-crypto region which could slow or stop its crypto adoption"
Pending
Concerns about crypto being used for terrorist financing, highlighted by FATF criteria and the crypto industry, are likely pressuring Gulf countries to follow Kuwait's regulatory stance.
"the fat F criteria that kuwaits regulator cited related to terrorist financing as it so happens crypto compliance companies have recently been sounding the alarm about crypto being used for terrorist financing this is likely putting additional pressure on Gulf countries to follow Kuwait's lead"
Pending
If the US economy remains strong and inflation persistent, the Federal Reserve and ECB may implement higher interest rate hikes than currently anticipated by investors.
"if the economy remains strong and inflation remains sticky the fed and ECB could raise rates higher than investors are expecting"
Pending
Whales may be waiting for a specific market development concerning Chainlink.
"it's possible that this is what the whales are waiting for"
Pending
XLM is currently bouncing off a significant monthly moving average, a level that most other cryptocurrencies, including BTC and ETH, have failed to surpass.
"it seems to be bouncing off the Bollinger band moving average on the monthly the moving average that's the most significant almost every coin and token has failed to get back over the monthly moving average including BCC and eth"
Pending
MakerDAO's buyback program might help MKR surpass the monthly moving average, but this process is expected to take several months.
"Maker Dow's BuyBacks could be enough to get it above that monthly moving average but this could take well months"
Pending
The adoption of Toncoin has likely been hindered by the ongoing crypto bear market.
"it's more than likely that the adoption of tancoin has been lacking as a result of the crypto bear Market"
Pending