After altcoins took a breather in the final weeks of December 2023, cryptocurrencies other than Bitcoin (BTC) entered 2024 with renewed optimism and currently represent a great investment for the start of the new year, some more than others, and some still available at the low price threshold below $1. Indeed, “the hype is getting back” in the crypto markets, ...
With the first month of 2024 beginning, most assets in the cryptocurrency sector are entering the new year with renewed optimism, recording price increases across the sector, and crypto traders and investors are wondering which of them is the best to invest in January. In this context, Finbold has analyzed the crypto market to deliver a list of three digital ...
As the beginning of the new year brings renewed optimism and a reset of the trader’s sentiment, this period might provide a potential opportunity for traders to seek out potential investments. XRP (XRP), ranked the sixth-largest cryptocurrency by market capitalization, emerges as a top pick for investment. During this period, market trends often exhibit a bullish sentiment, influenced by factors ...
Former stockbroker Jordan Belfort, famously known as the ‘Wolf of Wall Street,’ has shared insights into how individuals can make money on Wall Street without resorting to high-risk maneuvers. Contrary to common beliefs, Belfort advocates for a patient and disciplined approach rather than pursuing quick riches, he said during an interview with Tucker Carlson on December 30. To begin with, ...
Bitcoin (BTC) is grappling with key resistance below the $45,000 mark despite a recent surge linked to speculation about approving a spot exchange-traded fund (ETF) in the United States. This comes as the prevailing market sentiment suggests that Bitcoin is poised for a potential rally, aiming to reach a new all-time high. In line with this, an analysis by crypto ...
As 2024 approaches, the investment landscape is once again shrouded in uncertainty regarding the potential performance of various investment products. The ambiguity becomes particularly pronounced when deciding which products to choose. Seeking clarity on potential investment options, Finbold turned to the generative artificial intelligence (AI) tool Google Bard Alphabet (NASDAQ: GOOGL). In this pursuit, the tool offered insights into four ...
2023 has been a fantastic year for the cryptocurrency market while recovering from 2022’s bear market. Now, 2024 is just around the corner, with investors expecting a continuation of the bull market. With that in mind, Finbold turned to ChatGPT’s AI, looking for valuable insights on promising cryptocurrencies for the next year. Interestingly, we used the latest available model from ...
Most cryptocurrencies have had a bright 2023, accumulating massive gains during a sentiment pivot from 2022’s bear market. Greed indexes returned to 2021’s bullish levels, allowing investors to realize yearly profits. Notably, Bitcoin (BTC) outperformed 65 of the top 100 cryptocurrency projects, increasing its now lowered dominance. The leader gained attention with spot ETF applications from industry giants like BlackRock ...
Monero (XMR) is the leading privacy-focused cryptocurrency, ranked 29th among the most valuable cryptocurrencies. Currently, XMR is trading at $163.8, with a $3 billion market capitalization. However, Monero now faces the threat of losing most of its liquidity due to a regulatory crackdown against monetary privacy. The coin has been delisted from local exchanges in specific countries for a while, ...
Bitcoin (BTC) recently experienced a price retracement, trading as low as $42,100, which moved the whole cryptocurrency market. Under a bearish sentiment, some cryptocurrencies have been heavily shorted, threatening short-squeeze events on December 29. Notably, Bitcoin’s dominance suffered the most as altcoins were able to guarantee lower losses than the market leader. Amid signs of an altseason, an increased volume ...
