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Showing posts with the label volatility

Analyst Warns Solana Price Risks Major Breakdown, Should Investors Worry?

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XRP Falls 10% After Recent Peak: When Will It Hit $3.80?

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According to CoinGecko’s XRP data, Ripple’s XRP token has registered a 0.5% fall in the daily charts and a 10.6% fall in the weekly charts. The popular cryptocurrency recently hit an all-time high of $3.65 on July 18. Since its peak, XRP’s price has dipped by 15.6%. Despite the steep correction, the asset continues to maintain substantial gains across other time frames. XRP is up 19.2% in the 14-day charts, 41.4% in the monthly charts, and 408.2% since July 2024. Source: CoinGecko Can XRP Hit $3.80 Next? Source: Reddit XRP has some support at its current price level. The asset also has some liquidity at the $2.5 price level. If the asset continues to face a dip, it could fall to $2.5 before making an upswing. XRP’s latest fall follows a market-wide dip following Bitcoin’s (BTC) decline to the $115,000 level. The correction was likely to investors booking profits after one of the most significant rallies in the crypto market. BTC, XRP, and BNB hit new all-ti...

GameStop Just Bought 4,710 Bitcoin Worth $512 Million

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GameStop’s Bitcoin purchase of 4,710 coins worth $512 million has catalyzed a pivotal moment in corporate Bitcoin adoption, and at the time of writing, this move continues to generate significant market attention. GameStop’s Bitcoin purchase spearheaded one of the largest cryptocurrency investments by a traditional retailer, also coming amid heightened crypto market volatility and growing Bitcoin investment risks. This strategic move by CEO Ryan Cohen has accelerated numerous significant discussions around stock price reaction as investors evaluate the implications of GameStop’s bold entry into digital assets. JUST IN: GameStop $GME buys 4,710 Bitcoin worth $512 million. — Watcher.Guru (@WatcherGuru) May 28, 2025 Also Read: Strategy Misses BTC Rally as Saylor Hides $14B Reserves How GameStop’s Bold Bitcoin Move Impacts Crypto, Stocks & Risk Source: Watcher Guru Strategic Reasoning Behind GameStop’s Bitcoin Investment GameStop’s Bitcoin purchase has re...

From $0.50 to $3.4 Before: What $1000 in XRP Could Be Worth

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$1000 in XRP might transform into a pretty substantial sum if history decides to repeat itself. Right now, XRP trades at around $2.35, but between November 2024 and January 2025, this digital asset surged from a mere $0.50 to an impressive $3.4 – that’s an incredible 580% increase that represented XRP’s largest gain since December 2017, and also created some very happy investors along the way. Source: CoinGecko Also Read: Goldman Sachs: MAG7 Hits 7-Year Low Amid AI, Trade & Antitrust Fears What $1000 in XRP Could Yield Amid Volatility, Risks, and Market Trends Source: InsideBitcoin The Historic XRP Rally The cryptocurrency market experienced an extraordinary surge between November 2024 and January 2025, triggered largely by Donald Trump’s victory in the 2024 US presidential election. XRP emerged as one of the primary beneficiaries after facing price suppression throughout much of 2024. Starting at just $0.50, XRP’s price increased by an astonishing 283% in Novemb...

Bitcoin: Why Recent Dip Won't Close Door on $105k Rally

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Throughout the first several months of the year, volatility has been the name of the game for the crypto market. There have been major developments taking place within the industry itself, while asset prices have been unable to take full advantage. Although Bitcoin is facing that volatility again in the form of a recent dip, that shouldn’t hinder BTC from reaching the $105k mark once again. The asset has surged back other six-figure mark to start Q2 after a sluggish start to the year. However, the increased uncertainty has many concerned with a recent price pullback. Although the price has fallen slightly, there may be enough protections in place to ensure a rally is on the horizon. Source: Watcher Guru Also Read: Fidelity Investments Predicts New Bitcoin All-Time High Incoming Bitcoin Surrenders $103k But That May Not be Enough to Stop an Imminent Rally At the start of the week, Ark Invest CEO Cathie Wood gave a rather optimistic perspective on Bitcoin’s price. Specifically...

AI predicts XLM price for June 1, 2025

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Two artificial intelligence (AI) models are projecting that Stellar (XLM) will likely see modest gains at the start of June, building on the asset’s short-term upward momentum.  By press time, XLM was trading at $0.31, gaining less than 1% in the last 24 hours. Over the past week, the token has rallied 5.5%. XLM seven-day price chart. Source: Finbold At the current price, XLM has experienced moderate volatility at 8.22%, but the general sentiment remains bullish.  The 50-day and 200-day simple moving averages (SMA) sit at $0.268 and $0.262, respectively, suggesting the current value is well above both short- and long-term trend baselines.  Meanwhile, the asset’s 14-day relative strength index (RSI) of 64.6 signals that it is nearing overbought territory, which could limit further upside in the near term. AI predicts XLM price  Finbold explored insights regarding price predictions from OpenAI’s ChatGPT and xAI’s Grok. Both AI models ag...

$3,000 in Dogecoin Today Turn Into a Retirement Fortune by 2050

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The cryptocurrency market has witnessed significant growth throughout its years of existence. Even while all cryptocurrencies have the same philosophy, they are nonetheless distinct from one another. Several investors have seen their fortunes improve as a result of the meme coin market. A long-term investment might provide significant profits, despite the uncertainty surrounding the market’s ability to create billionaires. This article dives into the Dogecoin (DOGE) market. Can the OG meme cryptocurrency help this generation retire with enough? Also Read: Bitcoin Will Be More Valuable Than the US Dollar: Venture Capitalist A Look Into The Dogecoin Market’s Current Price Chart Source: Watcher Guru It looks like Dogecoin failed to make a big entrance in the month of May. The asset witnessed a 4.25% drop over the last couple of days. At the time of writing, DOGE was trading at $0.1734. This comes after the meme coin saw a 0.92% drop during the past 24 hours. Just earlier today,...

52% of cryptocurrencies have died since 2021 – Report

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Summary ⚈ Over 52% of all cryptocurrencies since 2021 have failed, totaling 3.7 million. ⚈ 2025 alone accounts for nearly half of all crypto failures, driven by market fear. ⚈ Meme coin platforms and Trump-era volatility accelerated the death rate of crypto projects. Over half of all cryptocurrency projects have failed. To be more precise, the percentage is actually 52.7% — as 3.7 million cryptocurrencies listed on GeckoTerminal since 2021 have died, per an April 30 report from crypto market analytics platform CoinGecko . Failed cryptocurrency chart. Source: CoinGecko Alarmingly, the rate of failure seems to be accelerating — as the first quarter of 2025 has already seen 1,821,549 dead projects, an increase of 31.8% compared to the entirety of 2024, which accounted for 1,382,010 failed cryptocurrencies. Number of dead coins per year. Source: CoinGecko Broader market volatility and the meme coin frenzy were outlined as key reasons behind crypto projec...

Dogecoin: How High Will DOGE Rise in May 2025?

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The past couple of days have been increasingly volatile for the cryptocurrency market. Several assets were recording notable upticks followed by losses. Amidst this, Dogecoin (DOGE), the OG meme cryptocurrency, was seen making the most of this volatile energy. During the past week, the meme coin recorded a rise of 15.67%. Just earlier this month, the asset was trading at a low of $0.1315. While it is trying to move towards the $0.20 mark, several levels of resistance are putting up a strong hold. The real question is whether DOGE can break past these hurdles and reach $0.50 in the coming month. Also Read: BRICS: Goldman Sachs Analyst Predicts the US Dollar’s Future Dogecoin Jumps Back Into Action Source: Watcher Guru Over the past 24 hours, the world’s largest meme coin saw an uptick of 3.67%. The asset was priced at a low of $0.1739 earlier today before jumping to a daily high of $0.1846. At the time of writing, following a slight correction, Dogecoin was trading at $0.1810. Sour...

GameStop Board Approves Bitcoin Investment Strategy Shift

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GameStop , the renowned video game retailer, has taken a significant step towards integrating cryptocurrency into its financial strategy. The company announced that its board of directors has unanimously approved an update to its investment policy, allowing for the purchase of Bitcoin as a treasury reserve asset. This move aligns GameStop with a growing number of corporations seeking alternative stores of value. An announcement regarding Bitcoin pic.twitter.com/gG8JRarIok — GameStop (@gamestop) March 25, 2025 The decision grants the company the flexibility to allocate a portion of its corporate cash reserves or proceeds from potential debt issuances towards Bitcoin and US dollar-pegged stablecoins. However, GameStop has not yet disclosed the precise amount or timeline for these purchases. Financial Position and Rationale As of 1 February 2025, GameStop reported cash reserves of approximately $4.8 billion, a substantial increase from $921.7 million the p...