At position 10 in the brand new "Most Visited" section. Coinmarketcap in
After PCT announced the launch of the / Open Mainnet Network for sure in Q1 2025, the hype around Picoin is back, which will lead to Pi appearing in all rankings soon. After OM it will definitely be#1in all rankings and searches.
People who did not believe in Pi Network will shed a lot of tears. Even the so-called Bitcoin experts who criticized Pi for years will need a subscription to tissue paper.
What was expected from us is incomprehensible to many people in the crypto world. It may not seem like it to us because we are fully involved, but others often look at us as a mystery in the crypto world but I do not know.
Here’s What XRP Would Look Like in Such a Case CrediBULL, a widely followed technical analyst, has suggested that XRP could reach a market cap of $1.2 trillion as the ongoing bull run progresses into the new year. The veteran analyst made this prediction in a recent commentary on X, discussing the short-term fluctuations seen in XRP’s price. For context, XRP has surged nearly 500% in recent weeks, particularly between mid-November and early December. However, the asset’s bullish momentum lost steam after XRP hit a price of $2.87. Specifically, XRP has struggled to hover around the $2 mark over the past two weeks, even dropping to $1.90 at one point before recovering. Commenting on the recent XRP price action, CrediBULL advised non-traders to “zoom out” and focus on the bigger picture. He pointed out that XRP’s structure looks exceptionally clean and bullish compared to the current position, calling it “crazy.” The analyst urged holders to ignore short-term fluctuations, calling them mere “noise” to non-traders. He reassured them that the broader market outlook is “incredibly and unequivocally bullish.” XRP to $1.2T Market Cap by Early 2025 CrediBULL referenced a historical chart of XRP, highlighting that the asset is largely in a long-term uptrend and is currently undergoing a brief consolidation. He believes that a breakout of this consolidation is inevitable, in line with past trends. Notably, the chart shared by CrediBULL outlined XRP’s potential path to 20# suggesting the possibility of reaching as high as $5752538789822 in Q1.Currently, XRP is trading at $2.39, with a market capitalization of 137,576,050,692,799.
#BtcNewHolder CoinDesk recently reported that MicroStrategy’s appeal as a Bitcoin play is waning due to the weakening correlation between the two. According to TradingView data, the correlation coefficient between MicroStrategy’s stock price and Bitcoin’s price has declined over the past year. This trend suggests that investors are increasingly viewing MicroStrategy as a separate investment from Bitcoin, rather than a pure proxy for the cryptocurrency. The disconnect between MicroStrategy and Bitcoin could be due to several factors. First, MicroStrategy’s recent stock performance has been influenced by the broader technology sector, which has faced headwinds from rising interest rates. Second, MicroStrategy’s bitcoin holdings represent a relatively small percentage of its total assets, reducing the direct impact of bitcoin price volatility on its stock price. MicroStrategy’s shift from being a pure bitcoin play could make it more attractive to investors looking for exposure to both the tech sector and digital assets. However, this also poses challenges to the company’s strategy of using bitcoin as a treasury reserve asset. As Bitcoin becomes increasingly correlated with the broader market, MicroStrategy's Bitcoin holdings could become a source of volatility in its stock price.
en|en|#BTC94KShowdown CoinDesk recently reported that MicroStrategy’s appeal as a Bitcoin play is waning due to the weakening correlation between the two. According to TradingView data, the correlation coefficient between MicroStrategy’s stock price and Bitcoin’s price has declined over the past year. This trend suggests that investors are increasingly viewing MicroStrategy as a separate investment from Bitcoin, rather than a pure proxy for the cryptocurrency. The disconnect between MicroStrategy and Bitcoin could be due to several factors. First, MicroStrategy’s recent stock performance has been influenced by the broader technology sector, which has faced headwinds from rising interest rates. Second, MicroStrategy’s bitcoin holdings represent only a relatively small percentage of its total assets, reducing the direct impact of bitcoin price volatility on its stock price. MicroStrategy’s shift from being a pure bitcoin play could make it more attractive to investors looking for exposure to both the tech sector and digital assets. However, this also poses challenges to the company’s strategy of using bitcoin as a treasury reserve asset. As Bitcoin becomes increasingly correlated with the broader market, MicroStrategy's Bitcoin holdings could become a source of volatility in its stock price.