Last update: Mar 28, 2025 11:16
Timezone: UTC
Get real-time FOMO alerts on our Telegram Channel
Sort by: Time FOMO Score Direction
Filter: All Bullish FOMO Bearish FOMO
@BTC_Archive Mar 24, 2025 14:30

$88,000 Bitcoin

FOMO: 90%
cointelegraph.com Mar 24, 2025 15:35

How high can XRP price go? - XRP (XRP) has dropped nearly 30% since hitting a seven-year high of $3.39 in January.Still, bullish news—like Ripple’s potential resolution in the SEC lawsuit and a new license in Dubai—has fueled a rebound. As of March 24, XRP was trading for as high as $2.47, up 38% from its year-to-date low of $1.79.XRP/USD daily price chart. Source: TradingViewHow high can the XRP price go from here? Let’s examine.XRP parallel channel projects $2.77 targetXRP is climbing within a rising parallel channel, showing signs of strength as it pushes toward a crucial resistance level.Key takeawas:XRP/USD has bounced after testing the channel’s lower trendline as support at around $2.37, aligning with the 50-4H exponential moving average (50-4H EMA; the red wave).XRP/USD four-hour price chart. Source: TradingViewThe pair is now eyeing a retest of $2.59—the 0.618 Fibonacci retracement level—which previously acted as a strong resistance capping the March 19 rally.A successful breakout above this resistance could see XRP testing the channel’s upper trendline, located near $2.77—coinciding with the 0.786 Fibonacci level.Related: XRP, Solana lead altcoin ETP inflows as Ethereum slumps — CoinSharesMarket analyst Dom emphasized that XRP must stabilize above $2.50, which aligns with its all-time high volume-weighted average price (VWAP), to sustain bullish continuation.XRP/USD four-hour price chart. Source: TradingView/DomThe Relative Strength Index (RSI) is trending above 60, indicating building bullish momentum without yet being in overbought territory.XRP symmetrical triangle breakout loomsXRP is flashing a major bullish signal on its higher timeframe chart, with price action coiling within a symmetrical triangle that suggests a breakout rally may be on the horizon.What to know:A symmetrical triangle forms when the price consolidates inside a triangle-like structure after a strong uptrend or downtrend.It typically resolves when the price breaks out in the direction of its previous trend, rising/falling by as much as the triangle’s maximum height.XRP/USD three-day price chart. Source: TradingViewThe triangle pattern formed after XRP’s 575% rally between November 2024 and January 2025, raising the prospects of further gains in the coming weeks.A successful breakout above the triangle’s upper trendline could send XRP’s price toward $4.20—up about 70% from the current price levels—by May.Analyst CrediBULL Crypto also suggests that XRP is gearing up for a new all-time high above $3.40 in the coming weeks.XRP liquidation heatmap shows $2.66-2.98 as next possible targetsThe Binance XRP/USDT liquidation heatmap reveals key liquidity zones where large liquidation events may occur. These levels act as magnet zones, influencing price direction based on the amount of liquidity at a given level.XRP/USDT one-month liquidation heatmap (Binance). Source: CoinglassKey points:A high concentration of liquidations is visible near $2.66, with the yellow area indicating a cluster of leveraged positions, suggesting it’s a key resistance level.If $2.66 level is broken, it could spark a liquidation squeeze, forcing short sellers to close positions and driving prices toward $2.98, the next major liquidity cluster.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 85%
cointelegraph.com Mar 24, 2025 16:25

Tabit offers USD insurance policies backed by Bitcoin regulatory capital - Barbados-based insurer Tabit has raised $40 million in Bitcoin for its insurance facility, in a move the company said would bolster its balance sheet and allow the insurance sector to capitalize on digital assets. Tabit’s Bitcoin (BTC) regulatory capital will be used to back traditional insurance policies, which are all denominated in US dollars, the company disclosed in a March 24 announcement. Tabit claims to be the first property and casualty insurer to hold its entire regulatory reserve in BTC. The company was founded by former executives of Bittrex, a Liechtenstein-based cryptocurrency exchange that was shuttered in 2023.“This solution offers a regulated dollar return, which we’re excited to earn on an alternative asset class such as Bitcoin,” said William Shihara, Tabit’s co-founder. Tabit co-founder and CEO Stephen Stonberg said Bitcoin allows the insurance sector to “Access a largely new and untapped source of insurance capital: digital assets.” “Bitcoin means Tabit has access to a whole new pool of capital,” a company spokesperson told Cointelegraph. “BTC has limited regulated use cases where a hodler can earn a return, but insurance is one of them.”Tabit launched in January as a Bitcoin-backed insurer, receiving a Class 2 license from Barbados’ Financial Services Commission. VC Roundup: Bitcoin RWA, BNB incubator, Web3 gaming secure fundingBlockchain and the insurance sectorSo far, most of the discussion around cryptocurrency and insurance has been tied to helping users recover financial losses and using blockchain technology to improve the industry’s transparency. According to a 2023 report by Boston Consulting Group, the blockchain-insurance nexus could become a $37 billion opportunity by 2030.Behind the scenes, there’s also a growing industry for matching insurance brokers and underwriters with digital asset capital providers. One such company is Nayms, an onchain insurance marketplace that facilitates the connection between capital providers and brokers via segregated accounts.Ensuro is another such provider, which curates insurance market opportunities and provides underwriting capacity through the use of stablecoins. According to its website, Ensuro has over 12,000 active policies, with APYs up to 22%. Magazine: Best and worst countries for crypto taxes — Plus crypto tax tips

FOMO: 88%