Concerns about stablecoin issuer Tether’s financial stability resurfaced this week after BitMEX founder Arthur Hayes warned the company could face serious trouble if the value of its reserve assets were to fall. But CoinShares’ head of research, James Butterfill, pushed back on those claims. In a Dec. 5 market update, Butterfill said fears over Tether’s solvency “look misplaced.” He pointed to Tether’s latest attestation, which reports $181 billion in reserves against roughly $174.45 billion in liabilities, leaving a surplus of nearly $6.8 billion. “Although stablecoin risks should never be dismissed…
Tag: Analyst
Analyst Compares Buying XRP Now To Buying NVIDIA Shares In 2000 At $0.35
A crypto market analyst has compared XRP to NVIDIA, an American technology company with one of the biggest tech success stories in history. The analyst implied that buying XRP today could mirror the opportunity investors had when purchasing NVIDIA shares in 2000 at just $0.35. The comparison emphasizes the long-term potential of the XRP price and highlights the importance of HODLing. XRP Today Shows Growth Potential Like NVIDIA In 2000 A leading market expert, Egrag Crypto, has drawn a striking parallel between the current XRP price and the early days…
XRP Price Is Performing As Expected; Analyst Reveals What Comes Next
The XRP price has staged a strong rebound in recent days, rising from early-December weakness and climbing back above $2. The recovery comes just after crypto analyst CasiTrades published a detailed technical outlook on the social media platform X, where she outlined a scenario that anticipated both the initial decline and the current bounce. Now that XRP has begun moving upward towards $2.2, the focus is on what the next phase of this pattern could bring next. Subwave 3 Targets Hit As Structure Plays Out CasiTrades explained that XRP’s early-December…
Analyst Says This Needs To Happen For The XRP Price To Rally Again
The XRP price is rebounding sharply as the broader crypto market slowly recovers from a months-long downtrend. Although XRP is still more than 43% below its all-time high, a market analyst has outlined what needs to happen before the cryptocurrency can rally again. The analyst has shared a rather blunt assessment of XRP’s recent performance, highlighting its vulnerability and weakened price action. XRP Price Rally Hinges On Bitcoin’s Recovery A crypto market expert identified as ‘Guy on Earth’ has issued a fresh warning on X, highlighting that the XRP price…
XRP Price About $1,000 Is A Necessity, Analyst Claims
A recent XRP price analysis from a prominent supporter has placed the cryptocurrency’s long-term value in the four-figure range. Although XRP is currently trading around $2, the analyst believes a rise to $1,000 is necessary for the altcoin. His outlook stems from the cryptocurrency’s underlying utility rather than speculation, emphasizing how global liquidity systems could drive prices upward through massive settlement volumes. Why The XRP Price Needs To Climb To $1,000 Crypto analyst @unkownDLT has shared a rather ambitious price forecast for XRP this week. The analyst claims that the…
Bitcoin Analyst Sees 96% Positive Performance Odds for BTC Price in 2026
Bitcoin (BTC) has been in a downtrend since early October, with the price dropping below its network value, suggesting a possible recovery in 2026. Key takeaways: Bitcoin price dropped below its fair value, a setup that has historically preceded positive one-year returns. Strengthening network activity suggests robust adoption beyond speculation. Bitcoin spot CVD flipped positive, signalling renewed buy-side activity. Bitcoin’s network value hints at BTC price recovery Bitcoin price is trading 31.4% below its $126,000 all-time high reached on Oct. 6, according to data from Cointelegraph Markets Pro and TradingView. …
Bitcoin Bear Market Bottom Could Hit $55K Maximum Says Analyst
A crypto analyst argues maximum pain for Bitcoin this cycle will be a fall to $55,000, based on technical indicators — rather than $35,000 as some predict. A fall to $35,000, as predicted by some, would involve a retrace of 72%. It has happened before. Bitcoin fell by 77% from a high of $69,000 in November 2021 to a bottom of $15,500 a year later in November 2022. However, analyst “Sykodelic” told his 62,000 X followers on Tuesday that predictions of a Bitcoin plunge to $35,000 in 2026 were “absolute rubbish.”…
Composite of ETH Valuation Models Places ETH Fair Value at $4,839: Analyst
The native token of the Ethereum network, Ether (ETH), is undervalued in nine out of 12 commonly used valuation models, according to Ki Young Ju, a market analyst and CEO of crypto market analysis platform CryptoQuant. A composite “fair value” using all 12 valuation models prices ETH at about $4,836, an over 58% gain compared to its price at the time of this writing. Each valuation model was rated on a three-tiered scale for reliability, with three being the most reliable. Eight out of the 12 models feature a reliability…
Analyst Predicts 10x Rally For XRP Price If THis Trend Repeats
Crypto analyst ChartNerd has predicted that the XRP price could rally 10x if a specific trend repeats. The analyst also revealed what needs to happen for the altcoin to invalidate this potential parabolic rally. XRP Price Could Rally 10x If This 2017 Pattern Plays Out In an X post, ChartNerd predicted that the XRP price could rally 1,000% if a bullish pattern from the 2017 bull cycle plays out. The analyst noted that during the 2017 euphoric run, the altcoin had a 3-month cool-off period where it successfully dropped towards…
Bitcoin ‘Risk-Reward’ Setup Similar to COVID: Analyst
Bitcoin may have significant upside from here as its current price appears to be out of step with the forward macroeconomic outlook, according to a crypto researcher. “The last time I saw such an asymmetric risk-reward was during COVID,” Bitwise Europe head of research André Dragosch said in an X post on Friday, referring to March 2020 when global pandemic fears sent Bitcoin’s (BTC) price tumbling from around $8,000 to below $5,000. Dragosch said that while Bitcoin’s current setup mirrors the extreme risk-reward conditions seen during the COVID pandemic, it…