Cryptocurrency Daily Thefoxposts.com

With the new presidential administration in place, all eyes are on the United States’ economic health. The country has not ceased to engage in some concerning geopolitical tensions while also championing its position on digital assets. Yet, one expert has recently stated that the gold price and silver have both sent a “very important message” on a potential US recession. The US dollar had been thriving following the inauguration of US President Donald Trump. However, the greenback has recently slid to reach a January low. That pushed the interest in gold higher, as the metal neared its all-time high price of $2,790 set in October of 2024. Moreover, there are expectations that it could be on a record trajectory as January comes to a close. Image Source: Pixabay Also Read: Goldman Sachs Revises Gold Price Prediction For 2025 Expert Warns Gold & Silver Send ‘Very Important Message’ Regarding US Recession Although the US dollar has been the world currency since...

Dogecoin has had a modest October. The token showed no bullish signs of price surges or peaks, although attempts were made to aim for high price spots. Despite its slow price pace, several analysts continue to expect Doge to break out, with one noteworthy analyst sharing how Doge has the potential to embrace the bullish onset of the market very soon. Also Read: Bitcoin Reclaims $71,000: Will BTC Hit A New Peak This Week? Dogecoin To Claim $0.175, Analyst Predicts Source – Bitcoinist Dogecoin is one of the leading cryptocurrencies to exist in the market. The token is fondly referred to as Tesla chief Elon Musk’s favorite, as Musk has often been noted making comments about Doge in his speeches every once in a while. These impromptu mentions have helped Dogecoin encounter occasional price spikes. However, 2024 was relatively slow for Doge. The token did not display any noteworthy price action, leading investors to wonder whether the token would ever embrace bullish momentum. With Bit...

Although the cryptocurrency market can often be volatile, it can also be a highly lucrative playing field for investors who know how to carefully time their trades right, as one professional crypto trader demonstrated by taking a profit of over 12,000% on one particular meme coin. Specifically, the pseudonymous crypto market expert CoinsKid revealed that he had taken massive profit on one of his top meme coin picks – Bonk (BONK), which “pumped over 12,000% for us from our 2023 entry point,” according to his X post published on June 10. Furthermore, the crypto analyst reminded his followers that he had posted twice about the Bonk meme coin in 2023 and announced he was now waiting for another optimal entry point, which he believes could occur “at the green line if we see a breakdown of the rising wedge” chart pattern. Picks for you H...

After the long-awaited Bitcoin (BTC) halving event failed to kickstart an imminent massive rally, the cryptocurrency market is consolidating, providing an opportunity for those eyeing the flagship decentralized finance (DeFi) asset to purchase it at a lower price before the momentum eventually returns. As it happens, popular crypto trading analyst Michaël van de Poppe has observed that “boredom has come back into the markets,” and Bitcoin is “still consolidating within the range, through which this is now more than six weeks,” according to an X post published on April 23. Massive ‘buy the dip’ opportunity? That said, van de Poppe has also point ed out that “anything sub $60K is a massive buy opportunity,” suggesting that if the largest asset in the crypto sector drops below this critical price point , it would not be a bad sign but rather an opportunity to ‘buy the dip’ before an inevitable rally. Picks for you Bitcoin miners underwater as production costs surge post...