Crypto Analyst Predicts XRP Price Could Shoot To $12 Soon
Reason to trust
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Cryptocurrency Market
Trump Media Group reverses course, confirms $2.5B Bitcoin treasury capital raise
Trump Media and Technology Group (TMTG), the company that owns US President Donald Trump’s Truth Social platform and is partially owned by the president, confirmed a $2.5 billion capital raise to purchase Bitcoin (BTC) after denying earlier reports of the deal.According to a May 27 announcement from the company, the
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Altcoin market cap could surge toward $15 trillion if Bitcoin dominance repeats its post-halving drop.
Key takeaways:Ethereum has reclaimed a key level that preceded 100%+ rallies and triggered past altseasons.Altcoin market cap could surge toward $15 trillion if Bitcoin dominance repeats its post-halving drop.Despite bullish signals, ETH remains fragile, with $123B in supply near cost basis at risk of flipping into a loss.Ethereum’s native token,
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Solana may underperform Ethereum as memecoin demand declines
Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report.According to a May 27 Standard Chartered research report shared with Cryptox, Solana “dominates in areas that demand high-volume, low-transaction-cost solutions” due to its design prioritizing fast and cheap
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Bitcoin shows signs of ‘easing momentum’ but traders still expect $150K
Key takeaways:Bitcoin’s RSI has dropped 15% and is now below the overbought threshold.Bitcoin futures flip bearish with a 43% decline in perpetual CVD.Analysts predict Bitcoin could reach $150,000 as long as a key support level holds.Bitcoin’s (BTC) price hit fresh all-time highs of nearly $112,000 on May 23, gaining 50%
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