Coinedition
Bitcoin printed a new all-time high at $77,252.75 on November 8. BTC RSI confirms that the price of the digital asset hasn’t reached the top. The Rainbow Chart also confirmed that BTC top is yet to arrive.
Rick McCracken hints at Cardano founder Charles Hoskinson becoming Trump’s crypto advisor. IOG President Tamara Hassen backed McCracken’s statement, calling it a wise decision. The community highlights Hoskinson’s contributions to the blockchain industry.
Bitcoin surged above $77K after the Fed cut interest rates to 4.50%-4.75%. The Fed chair announced a 25 basis point interest rate cut after the FOMC meeting. Jerome Powell said the rate cut had nothing to do with Donald Trump’s election victory.
Analyst EGRAG identifies $1.10 as a critical support level for XRP’s powerful price surge. If XRP holds above $1.10, it could trigger an explosive uptrend with targets at $6.4 and $13. The analysis uses both logarithmic and non-logarithmic price projections for potential gains.
Ripple wins XRP case, SEC appeals, but ruling that XRP isn’t a security remains intact. Global crypto rules bring clarity, while U.S. regulation relies heavily on enforcement. Trump’s crypto stance suggests possible SEC leadership changes affecting Ripple by 2024.
Kiyosaki stresses accumulating real assets like Bitcoin over fiat, ignoring price dips. Bitcoin surged 9.81% this week, hitting $76,461 with a market cap increase to $1.51 trillion. Kiyosaki suggests early adopters and long-term Bitcoin holders gain more than USD holders.
Deutsche Bundesbank joins Project Guardian, led by Singapore’s MAS. The initiative focuses on asset tokenization and cross-border collaboration. Major global financial institutions are also part of the project.
