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Showing posts with the label interest rate cut

Pi Coin Skyrockets 11.7% in 24 Hours: Is $2 an Option for PI?

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Pi Coin (Pi Network/PI) has experienced quite a price spike over the last 24 hours. The asset is up 11.7% in the daily charts, 42.5% in the 14-day charts, and 29.8% over the previous month. Despite the incredible rebound, the asset is still down 35.8% over the last week. Also Read: Exclusive: Bitcoin Empowering Global Finances, Reshaping Modern Portfolios Source: CoinGecko Pi Coin Rallies As Bitcoin Inches Closer To New Peak Source: Watcher Guru PI’s latest rally comes amid Bitcoin (BTC) climbing to the $107,000 level. The original crypto is testing the $108,000 price point. BTC is very close to hitting a new all-time high. If BTC climbs to a new peak, we may enter another market-wide rally. BTC’s rally could be due to increased institutional inflows. Another bullish development that may have pushed PI’s price is the GENIUS stablecoin regulation act moving forward. A clearer regulatory environment will likely lead to more investments. Also Read: How High Will Dogecoin ...

Litecoin Outperforms Top 100 Cryptocurrencies: Can LTC Hit $150?

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Litecoin (LTC) is currently the best-performing cryptocurrency among the top 100 projects in the weekly charts. The asset has rallied 11.9% in the daily charts, 30.4% in the weekly charts, 11.6% in the 14-day charts, and 24.8% over the previous month. LTC’s price has also risen by 79.2% since February 2024. Also Read: Should You Buy Warren Buffett-Backed Oil Giant Chevron (CVX) Stock? Source: CoinGecko ETF Application Pushing Litecoin’s Price Source: Cryptopolitan.com LTC’s latest rally comes amid high expectations for a spot ETF approval. According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, LTC has the highest chance of ETF approval. LTC is followed by Dogecoin (DOGE), Solana (SOL), and Ripple’s XRP token. Our official alt coin ETF approval odds are out. Litecoin leads w 90% chance, then Doge, followed by Solana and XRP. We are only doing for 33 Act $IBIT-esque filings. But def poss to see futures or Cayman-subsidiary type 40 Act stuff get thro...