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Here’s why analysts are turning bullish on ADA

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Cardano (ADA) is gearing up for a potential breakout as renewed optimism in the market propels the asset toward critical resistance levels. Currently trading at $0.84, ADA has broken out of a bullish pennant pattern, with price action approaching a decisive point, as highlighted by analyst Av_Sebastian in a recent X post dated November 20. Technical analysis: Key levels and patterns According to the Analysis , Cardano’s breakout from a bullish pennant pattern indicates strong upward momentum, driven by rising trading volume and an RSI nearing overbought levels. Picks for you 3 AI crypto tokens to buy ahead for Nvidia earnings 14 mins ago Fhenix debuts upgraded Nitrogen testnet with Ethereum encryption 39 m

MicroStrategy Chair Michael Saylor To Pitch BTC Buying Strategy To Microsoft Board, Says Berkshire And Apple Should Consider BTC

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MicroStrategy Chairman Michael Saylor has agreed to make a 3-minute presentation to Microsoft’s board of directors on investing in BTC, and said Warren Buffett’s Berkshire Hathaway, Apple, Google, and Meta should also be considering BTC. “The activist that put that proposal together contacted me to present to the board, and I agreed to provide a three-minute presentation,” Saylor said in a Nov. 19 X Spaces hosted by fund management giant VanEck.  Microsoft To Vote On Investing In Bitcoin In Upcoming Shareholder Meeting Microsoft disclosed in December that one of the voting items in its next shareholder meeting will be whether or not the company should invest in Bitcoin. This is after a proposal for the software giant to invest in BTC was made by the National Center for Public Policy Research (NCPPR).  The proposal cited MicroStrategy’s Bitcoin investment and how the company’s stock, MSTR, has outperformed Microsoft’s despite the former being a smaller company. Microsoft’s board

Michael Saylor has become ‘the best Bitcoin miner’ — Here’s how

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It might not be a part of the index, but MicroStrategy Inc (NASDAQ: MSTR) has outpaced every stock in the S&P 500 — and it’s not even close.  MSTR stock was trading at $388.88 at press time — having rallied by 78.25% over the course of the last 30 days to bring year-to-date (YTD) returns up to 469.90%. MSTR stock price YTD chart. Source: Finbold The company, which is the largest corporate holder of Bitcoin (BTC), has lofty ambitions of becoming the first Bitcoin bank, has managed to provide unsurpassed returns and exposure to the largest cryptocurrency in the world.  Picks for you Gold is on fire today amid Ukraine-Russia war escalation with long-range US missiles 29 mins ago io.net joins Zero1 Labs to advance decentralized artific

Deadstag Price Prediction: DSTAG Price Skyrockets 43% As Traders Shift Focus to This Hot ICO That Raised $37 Million Before Its Tier 1 Exchange Listing

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The Deadstag price has skyrocketed 43% in the last 24 hours to trade at $0.003464 as of 2:40 a.m. EST on a trading volume that jumped to $1.55 million. Deadstag Price Bullish Climb Within A Rising Channel The DSTAG/USD pair is currently riding a wave of bullish momentum. With its price at $0.003458, it moves confidently within a well-formed bullish channel and steadily climbs higher. Beneath it lies a key support level at $0.003400, acting as a safety net. As long as this level holds firm, the path upward seems promising, with the next milestone likely around $0.005000. The moving averages add to this optimistic story. The 50-period MA, sitting at $0.002824, rises like a reliable guide, confirming the short-term uptrend. The price staying comfortably above this level signals strength in the movement. While the 200-period MA doesn’t feature prominently here, it’s clear that the shorter-term trend is in control. DSTAGUSD Analysis Source: Dextools.io Zooming in on the MACD,

Ripple: Will XRP Hit A New All-Time High Before 2025?

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Ripple’s XRP token has finally reclaimed the $1. The asset last traded above $1 in November 2021, three years ago. XRP’s price has risen by 8.2% in the daily charts, 95.5% in the weekly charts, 124.3% in the 14-day charts, and 110% over the previous month. The asset has also risen by 88.8% since November 2023. Also Read: Cryptocurrency Trader Turns $33K Into $12.2 Million In 24 Days Source: CoinGecko What’s pushing Ripple’s XRP token? XRP’s latest rally follows Bitcoin’s (BTC) climb to a new all-time high of $93,477.11 last week. The crypto market entered another bullish phase after Donald Trump won the US Presidential election. Trump’s pro-crypto stance has led many to believe that the US will have lenient crypto regulations over the next four years. Source – Bitcoinist Also Read: Tesla: TSLA Surges 5% As Trump-Musk Duo Fuels EV Optimism The Federal Reserve also cut interest rates by 25 basis points earlier this month. Rate cuts often lead to investors taking on more risks as borrowin

Cardano (ADA) To See One More Drop Against Bitcoin Before Year End, Says Analyst Benjamin Cowen

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Closely followed analyst Benjamin Cowen says that Cardano (ADA) is most likely in for one additional drop against Bitcoin (ADA/BTC) before 2024 comes to a close. Cowen tells his 889,100 followers on the social media platform X that historically, ADA has oscillated against BTC roughly between 400 and 4,000 satoshis (sats), while making final declines at the end of the halving year. Cowen points out that coinciding with the four-year ADA/BTC pattern is the fact that monetary policy is still relatively restrictive and that the US dollar is in the middle of a rally – two typically bearish conditions for risk assets like crypto. “I think ADA/BTC will get one more drop before EOY (end of year) and then go up in 2025. Showing some stats for comparison… Nov 2020 low: 583 sats Nov 2020 high: 995 sats Dec 2020 low: 503 sats Nov 2024 low: 470 sats Nov 2024 high: 903 sats (so far) Dec 2024 low: ??? If QT (quantitative tightening) were over I would be more inclined to

Cryptocurrency trader turns $1.1k into $1.62 million in 20 days

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Through precise identification of opportunities, a cryptocurrency trader has capitalized on the ongoing market momentum to record over 1,400-fold returns on their initial investments. The anonymous investor turned a modest $1,100 into a staggering $1.62 million within 20 days by capitalizing on the ongoing meme cryptocurrency rally, according to data shared by Lookonchain on November 17.  The traders’ returns began with their investment in the Solana (SOL)-based meme coin Urolithin A (URO). In late October, they spent 4.35 SOL ($768) to purchase 16.44 million URO.  Picks for you XRP or Cardano? We asked AI which crypto is a better buy for 2025 5 mins ago 2 cryptocurrencies to reach $5 billion market cap by the year-end

Nvidia: Citi Lifts Price Target as NVDA Earnigs May Get $4B Boost

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One of the biggest winners on Wall Street this year, Nvidia (NVDA), has gotten a price target increase from Citi as the chipmaker’s earnings report nears. The company with a market cap of more than $3.6 trillion is looking to end the year on a high note. Considering the heights it reached in 2024, that certainly is a tall task. Yet, it is one that many analysts are expecting, as the company’s additional Blackwell sales on its January data center figures have recently been factored into advisory models. With many experts holding a buy rating, there are high hopes for its performance after the earnings report arrives. Moreover, it is expected to set the tone for what should be an impressive stretch when the calendar turns to 2025. Source: TheStreet Also Read: Nvidia to Surge to $180? Why Wall Street is Expecting a Big Boost Citi Gives Nvidia Target Boost Amid Earnings as Quest to $4 Trillion Continues For the last two years, AI technology has seemingly dominated Wall Street. With the arr

Top 5 Meme Coins To Invest In Before The 2025 Bull Market – $PNUT, $NML, $PEPU, $GIGA, $MEW

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The crypto market is buzzing with activity as meme coins continue to dominate headlines alongside Bitcoin’s remarkable surge to new all-time highs. With Bitcoin nearing $100,000 and the bull market in full swing, meme coins show promising potential, with some experiencing remarkable growth. Five meme coins are making waves in the crypto space, each holding the potential for significant gains in the near future. Some of these coins have already shown impressive market movement, while others are on the verge of explosive growth. With unique narratives, strong community backing, and innovative Features , these meme coins are poised to capture the attention of investors looking for the next big opportunity in the crypto market. Peanut the Squirrel (PNUT) Peanut the Squirrel has quickly become a beloved figure in the meme coin space, with its token gaining significant attention and market growth. Initially, the market cap of $PNUT soared from $100 million to an impressive $1.91 billion.

Virtual Real Estate: Metaverse Ownership Explained

Virtual Real Estate: Metaverse Ownership Explained! In recent years, virtual real estate has emerged as a groundbreaking trend in the world of digital assets and the metaverse. Virtual real estate refers to parcels of land or property within a digital world, where individuals, brands, and businesses can buy, develop, and monetize virtual spaces. In this article, we’ll explore the fundamentals of metaverse ownership, why virtual real estate has value, and how individuals and organizations can enter this new digital frontier. What is Virtual Real Estate? Virtual real estate represents parcels of land or spaces within the metaverse—digital realms that exist on platforms like Decentraland, The Sandbox, and Somnium Space. Similar to physical real estate, virtual land is limited in supply and can be purchased, developed, leased, and sold. These spaces can house virtual buildings, stores, games, and experiences, creating new avenues for social interaction, commerce, and entertainment. Unlike

Top Cryptocurrencies to Invest in Now November 14 – dogwifhat, Notcoin, Aave

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HashKey Group CEO Xiao Feng suggests that Donald Trump’s pro-crypto stance may influence China to reconsider its cryptocurrency ban. Feng believes that if the U.S. moves forward with supportive crypto policies, the resulting competition could prompt China to reevaluate its position, potentially reviving its crypto market.  The crypto community in the U.S. anticipates substantial growth under Trump’s leadership. His administration has signaled plans to strengthen the American crypto sector, aiming to secure a leading position in the global market. Possible changes include the removal of SEC Chair Gary Gensler, which could pave the way for regulatory reforms, marking a significant shift for U.S. crypto. Following news of favorable regulatory changes, the crypto market is experiencing a wave of price rallies. As expected, investors are searching for the top cryptocurrencies to invest in now .  Top Cryptocurrencies to Invest in Now  dogwifhat recently saw a notable price surge, jumping