Cardano (ADA) is crucial following days of heightened volatility and excitement among crypto investors. While other altcoins have experienced significant pumps, Cardano has yet to see the same breakout, leaving analysts and traders searching for confirmation of a bullish trend. Despite the lack of a major move, optimism remains high for ADA as market watchers await a signal to ignite the rally. Related Reading: Strong Buy Signal For DogWifHat (WIF) – Key Indicator Hints At Rally To $4 Top analyst and investor Carl Runefelt recently shared a technical analysis suggesting that Cardano could....
Ethereum Targets 100,000 TPS On L1 And L2 With Buterin’s ‘The Surge’ Plan
In a new blog post titled “Possible futures for the Ethereum protocol, part 2: The Surge,” Ethereum co-founder Vitalik Buterin outlined an ambitious roadmap aiming to scale Ethereum’s transaction processing capacity to over 100,000 transactions per second (TPS) across Layer 1 (L1) and Layer 2 (L2) solutions. This initiative, known as “The Surge,” seeks to […]
Dogecoin Jumps Over 16% In The Last Week — More Gains To Come?
Dogecoin (DOGE), initially a mere meme, is demonstrating significant market strength once more. On October 16, 2024, the prominent cryptocurrency surged by 16% in the weekly frame, to the delight of investors. Related Reading: SUI Price Hits All-Time High – But Questions About Valuation Remain The price surge is accompanied by a substantial rise in trading volume, which has increased by 90% in the last 24 hours, as reported by CoinMarketCap. DOGE is presently trading at $0.122, positioning it among the highest-performing cryptocurrencies in recent days. Analysts are closely monitoring....
Dogecoin Price Will Rally 10x To $1 By December, Shiba Inu Will Rally To $0.0...
The markets are always buzzing with predictions, and the latest one is turning heads. Dogecoin price, a fan favourite, is expected to rally to $1 before December. Shiba Inu (SHIB), however, could shoot up to $0.0005. But perhaps the most shocking of them all is ETFSwap (ETFS), an Ethereum token, which could rise from $0.03846 […]
Why Did The Dogecoin Price Rally Over 7% To Outpeform Bitcoin And Shiba Inu?
The Dogecoin price has rallied by over 7% in the last 24 hours, outperforming Bitcoin and Shiba Inu. This price rally is primarily thanks to the world’s richest man, Elon Musk, who continues to support the foremost meme coin indirectly. Why The Dogecoin Price Rallied By Over 7% The Dogecoin price rallied by over 7% […]
Solana’s Dogwifhat Meme Coin Flashes Buy Signal At $2.5, Is It Time To Jump In?
According to a technical indicator, Solana-based meme coin Dogwifhat is gearing up for an upside move. Top analyst Ali Martinez recently shared a bullish perspective for Dogwifhat on social media platform X, with the TD Sequential indicator indicating a buy signal. TD Sequential Flashes Buy Signal At $2.5 As Ali Martinez noted, the TD Sequential has been highly spot on with predicting trends in the price of Dogwifhat for a while now. The TD Sequential indicator consists of two phases: a setup phase, which generates a count from 1 to 9 based on a specific price, and a countdown phase, which....
New Bitcoin Whale Wallets Balance See Rapid Growth Amid Rising Market Confidence
Bitcoin’s renewed price performance and resilience during previous roadblocks have sparked strong optimism among investors and traders about its potential for significant growth in the long term, as evidenced by a surge in new large BTC holders‘ balances. New Whales Accumulating Bitcoin At A Fast Rate In light of heightened confidence in the general market, […]
Turbo Team Selling After The AI Meme Coin Flies To New All-Time High: Time To...
Turbo is trending at around all-time highs. The upswing started in mid-September and initiated a move up that saw the AI meme coin break above local resistances, which is now supported and propelling valuation to record highs. At press time, TURBO is changing hands at $0.010 but is down nearly 20% from this week’s highs. Turbo Team Selling: Time To Exit? According to Lookonchain analysts, the retracement from all-time highs at $0.013 early this week could be primarily due to the team dumping. The team has been sending tokens to Binance and OKX, leading to concerns about whether they....
Bitcoin Surge Imminent? Arthur Hayes Links War-Fueled Inflation To Crypto Boom
Better times for Bitcoin may lie ahead as the co-founder of BitMEX feels that the current geopolitical tensions in the Middle East may only push the cryptocurrency to rise higher. According to Arthur Hayes, the effects of war would resonate intensely in the US economy in the form of increased government spending and inflationary levels […]
The US Department of Justice (DOJ) announced the arrest of Alabama resident Eric Council Jr. in connection with the infamous hack of the US Securities and Exchange Commission’s (SEC) X account in January 2024, which resulted in a fraudulent post falsely claiming that the SEC had approved the listing of Bitcoin exchange-traded funds (ETFs). Fraudulent […]
Is $100,000 Bitcoin Possible? Analyst Breaks Down Major Catalysts
As Bitcoin (BTC) edges closer to the $70,000 mark, the crypto community is abuzz with predictions of a potential surge to $100,000, accompanied by a significant altcoin season. Amidst this fervor, crypto analyst Axel Bitblaze has provided an analysis on X, examining whether the necessary liquidity and catalysts are in place to propel Bitcoin to such heights. Bitblaze emphasizes the fundamental role of liquidity in the crypto market. Drawing parallels to previous bull runs, he notes, “Our space is fully driven by just one thing, i.e., Liquidity.” He references the 2016 and 2020....
Analyst Says This Bitcoin Price Rally Has A ‘Different Ring To It’, Places Ne...
A new Bitcoin price target has been set at $109,000, with an analyst predicting that the pioneer cryptocurrency could surge to this projected level before the end of the year. This bullish forecast comes as Bitcoin experiences new momentum that has pushed its price well above $67,000. New Bitcoin Target Set At $109,000 A Bitcoin technical analyst identified as ‘CryptoCon’ has taken to X (formerly Twitter) to unveil his bullish prediction for the Bitcoin price. While many analysts believe that this Q4 is a significantly bullish period for Bitcoin, CryptoCon confirms this sentiment by....
Bitcoin Exchange Exodus: Investors Withdrew $24 Billion In BTC Over Last 8 Mo...
On-chain data shows Bitcoin has continued to leave the exchanges’ wallets recently, a sign that the asset’s price could be bullish. Bitcoin Exchange Reserve Has Registered A Significant Decline Recently As explained by analyst Ali Martinez in a new post on X, exchanges have seen a massive amount of Bitcoin leave over the last few […]
New Grayscale ETF Aims To Include Major Cryptos: Bitcoin, Ether, Solana, And XRP
Crypto asset manager Grayscale is in the process of converting its Grayscale Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), according to Bloomberg ETF expert Eric Balchunas. The strategic move aims to provide investors with a diversified portfolio that includes major digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP and Avalanche (AVAX). Diversified Exposure To Bitcoin, Ethereum, And More The proposed ETF comes at a time when investor interest in regulated cryptocurrency products is on the rise. Grayscale’s Digital Large Cap Fund currently....
Crypto Tax Hike? Italy Mulls Raising Capital Gains Tax On Bitcoin To 42%
Italian Deputy Economy Minister Maurizio Leo announced today that Italy is considering raising the capital gains tax on Bitcoin (BTC) and other crypto assets from 26% to 42%. Italy Weighs Higher Bitcoin Capital Gains Tax At a news conference on October 16, 2024, Leo stated that the Giorgia Meloni administration is contemplating a significant increase in […]
BNB Rejection At Key Level Hints At A Potential Price Correction
BNB has faced a significant rejection at a critical resistance level, raising concerns among traders about a potential price correction. After an impressive rally, the momentum has faltered, leaving the cryptocurrency at a crossroads. This key level has proven to be a formidable barrier, indicating that selling pressure may be increasing as bears step in. However, the big question is whether this rejection marks the beginning of a downward correction or if the bulls can muster enough strength to regain their footing and continue pushing higher. As the market navigates this pivotal moment,....
Why This Crypto Asset Is Bitwise CIO’s Best Contrarian Bet Right Now
In an interview with Aaron Arnold, founder of Altcoin Daily, Matt Hougan, the Chief Investment Officer (CIO) of Bitwise Asset Management, shared his optimistic outlook on Ethereum for 2025. Amidst a crypto landscape where Bitcoin and emerging high-performance blockchains like Solana, Sui, and Aptos dominate headlines, Hougan positions Ethereum as a “contrarian bet” that may offer significant returns for investors willing to look beyond current market sentiments. Why Ethereum Is The Best “Contrarian Bet” Hougan acknowledged Ethereum’s unique position within the crypto....
WLFI Token Launch, Backed By Trump, Falls Flat On $300 Million Fundraising Ta...
The anticipated launch of the Donald Trump World Liberty Financial (WLFI) token has globally faced challenges in raising the expected $300 million. Thus, the fundraising activities have been described as a total failure within two days after it was launched on 15 October since WLFI has raised only around $11 million accounting for only 4% of the target. Actually, with so much effort placed to advertise the project, which was even described as a ‘crypto bank,’ things have turned out different. Related Reading: SUI Price Hits All-Time High – But Questions About Valuation Remain Technical....
BNB Price Tops $600: Can the Rally Continue?
BNB price started a fresh increase above the $550 resistance zone. The price is now consolidating near $600 and might aim for more gains. BNB price started a fresh increase above the $550 resistance zone. The price is now trading below $580 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $585 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $575 level to start another increase in the near term. BNB Price Extends Rally In the past few days, BNB outperformed Ethereum and Bitcoin. It remained....
Ripple Co-Founder Transfers 20 Million XRP, Sparking Selloff Fears And Wallet...
An XRP wallet which likely belongs to Chris Larsen, one of the largest holders of XRP, has made another notable transaction in what looks like a preparation for a selloff. The transaction, which took place within the last 48 hours, triggered a series of subsequent transfers in the past 24 hours, ultimately connecting with the […]
XRP Price Could Soon Surge: Can Bulls Fuel the Rally?
XRP price is attempting an upside break above $0.600. The price is showing positive signs, but a weekly close above $0.600 is needed for a fresh surge. XRP price started another increase toward the $0.6050 zone. The price is now trading above $0.5880 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.590 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5950 and $0.600 resistance levels. XRP Price Could Gain Bullish Momentum XRP price remained....
Ethereum Price Breaks $2,600: Is More Upside Ahead?
Ethereum price started a fresh upward move above the $2,500 resistance. ETH is now gaining pace above $2,600 and might continue to rise. Ethereum started another increase from the $2,400 resistance. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,650 resistance to continue higher in the near term. Ethereum Price Climbs Over 5% Ethereum price remained well-supported and extended its increase, beating Bitcoin. ETH was....
Bitcoin Price Regains Strength: Is a New Rally Brewing?
Bitcoin price gained pace above the $62,500 resistance. BTC even cleared the $63,200 level and is now consolidating gains above $63,500. Bitcoin is gaining pace above the $63,200 resistance zone. The price is trading above $63,400 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $63,220 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend gains if it stays above the $62,500 support zone. Bitcoin Price Extend Gains Above $63,500 Bitcoin price extended its increase above the $62,500 level.....
CryptoQuant CEO Backs Changpeng Zhao As Binance Founder Nears Freedom
Ki Young Ju, CEO of blockchain analytics firm CryptoQuant has expressed strong support for Binance founder Changpeng Zhao (CZ) as he nears the end of his detention. The former Binance CEO and influential crypto figure is currently serving a four-month sentence after pleading guilty to violating the US Bank Secrecy Act (BSA) in November 2023. […]
$200,000 Bitcoin By 2025? Bank Exec Says Election Won’t Stop Crypto’s Surge
An executive of Standard Chartered, Geoffrey Kendrick, has drawn attention in recent days in finance circles with an extremely vivid declaration that Bitcoin may reach $200,000 at the end of 2025. Related Reading: Cardano Founder Warns Trump DeFi Venture Could Politicize Crypto Landscape This time, against a backdrop of increased interest in cryptocurrencies and increasing […]
‘Uptober’ Is Just Around The Corner: Here’s Where Bitcoin Price Is Headed
As October approaches, investors are looking ahead to what the month will bring this time around for Bitcoin and the entire crypto industry. Historically, October (often referred to as “Uptober”) has been a month of significant upward momentum for Bitcoin since the crypto’s creation. Related Reading: Avalanche (AVAX) Rallies On Fed Rate Cut, DeFi Growth Boosts Long-Term Outlook With the previous year’s October seeing impressive gains and kickstarting a strong bull run, many investors are keenly analyzing market trends to predict where Bitcoin might be headed this time....
Is Bitcoin Dominance Coming To An End? Analyst Says ‘Altcoin Season’ Is Upon Us
Bitcoin (BTC), the largest cryptocurrency by market capitalization, is one of the best-performing digital assets so far in 2024. Despite its recent struggles in the last two quarters, the premier cryptocurrency is up by more than 137% in the past year. Bitcoin Dominance Vs. Ethereum Up 6% In 2024 According to a recent report by […]
Avalanche (AVAX) Could Rise 50% If It Breaks $28 Resistance – Crypto Analyst
Avalanche has experienced an impressive 25% surge since Wednesday, driven by the Federal Reserve’s announcement of a 50 bps interest rate cut. This has pushed AVAX to a critical resistance level, which will likely shape its price action in the coming weeks. Currently trading near $28, the token is testing a key supply zone that has analysts and investors paying close attention to its next move. Related Reading: Bitcoin Indicator Signals ‘Shift To Bullish Territory’ – Can BTC Break Past $65,000? Many market participants are optimistic, projecting that a break above this resistance could....
Trump Coins Go Public For $100: Minted In America, But Will It Sell?
Donald Trump has formally unveiled a new line of commemorative coins, which has added to his extensive merchandise collection. Made of 99.9% pure silver, these coins are minted in the United States and are priced at $100 each. Related Reading: Germany Shuts Down 47 Crypto Exchanges In Sweeping Anti-Money Laundering Operation Trump’s social media platform, […]
Tether (USDT) Surges With Massive Inflows, Closing In On Historic $120 Billio...
Tether (USDT), the world’s largest stablecoin and the third largest crypto in market cap, has asserted its dominance in the cryptocurrency market and is now close to achieving a significant milestone. Recent data shows a massive influx of money into the crypto industry in the past week, with over $1 billion going into stablecoins. Related Reading: Solana Jumps 10% As Fed Eases Rates, Analysts Eye Even Higher Gains Naturally, most of this inflow has gone into Tether (USDT), pushing its market cap closer to an unprecedented $120 billion. Tether (USDT) Leads The Stablecoin Market....
In the last week, multiple miner wallets dormant from the Satoshi era transferred out a significant amount of Bitcoin (BTC). Generally, when miners sell their Bitcoin, especially in a significant proportion, it can induce selling pressure leading to a price drop. However, despite recent miner selling activity, BTC rallied by over 7% hitting a top […]
Bitcoin Whales Take Profit After Latest Price Jump — Here’s How Much They Sold
The latest on-chain data shows that a particular class of Bitcoin investors has been selling for profit in the wake of the recent price rally. The question here is — how much did they sell and how much impact could it have on the Bitcoin price trajectory? Bitcoin Whales Dump 30,000 BTC In Four Days — Impact On Price? In a new post on the X platform, prominent crypto pundit Ali Martinez revealed that Bitcoin whales have been increasingly active in the market in the days following BTC’s return to above $63,000. This on-chain observation is based on the drop in the total holdings of....
Dogecoin Eyes $0.11 Breakout As RSI Signals A Shift – Can DOGE Target New Highs?
Dogecoin finds itself at a crucial price level following a broader market surge driven by the Federal Reserve’s announcement of a 50 bps interest rate cut. The meme coin is teetering on the edge of breaking a key resistance level, which could trigger a significant rally to new highs. Related Reading: Bitcoin Volatility Still Low […]
Solana (SOL) Failure To Break $154 Could Lead To $85 Correction – Analyst
Prominent altcoin Solana was one of the major headliners recently, notching an 8.22% gain in the last seven days, according to data from CoinMarketCap. This positive performance saw Solana climb as high as $150, a price mark last seen in late August. The sentiments around the fifth-largest cryptocurrency are largely bullish, however crypto analyst Ali Martinez has released certain cautionary notes for investors. Related Reading: Solana Liquid Staking Could Touch $18 Billion – Will It Benefit These Altcoins? Solana’s Price Breakout Crucial To Avoid Slip To $85 In an X post on Sunday, Ali....
Cardano Founder Warns Trump DeFi Venture Could Politicize Crypto Landscape
Cardano and Ethereum co-founder Charles Hoskinson expressed deep concern over the new DeFi platform venture of former President Donald Trump known as World Liberty Financial. Speaking in interviews, Hoskinson said the venture is likely to turn into a political flashpoint. This might add to the already delicate situation surrounding regulation of cryptocurrencies in the United […]
Catizen (CATI) Soars 10% Following Multiple Exchange Listings
A rapidly emerging play-to-earn game on Telegram, Catizen, made headlines as it went live with its native token, CATI. Officially launched in the market on September 20, 2024, it is now trading live on Binance, OKX, Bybit, and Bitget. Related Reading: Avalanche (AVAX) Rallies On Fed Rate Cut, DeFi Growth Boosts Long-Term Outlook The CATI token is gaining a lot of hype among the Nigerian Web 3 community. Catizen has around 34 million-plus players and impressive revenue figures, hence its strong position in blockchain gaming. Airdrop Success The CATI launch is also complemented by an....
Dogecoin Forming First Golden Cross In 4 Years, Is A 3700% Rally To $3.8 Poss...
Dogecoin could be gearing up for another major surge in price as the meme coin’s chart shows the formation of a major pattern. The Golden Cross pattern is a major bullish formation on a chart that usually precedes a notable rally for digital assets such as DOGE. Currently, the Dogecoin price is forming its first golden cross in four years, making this an important development for the meme coin’s price. Dogecoin Analyst Points out Golden Cross Dogecoin analyst Kevin Capital on X (formerly Twitter) has highlighted an important formation on the Dogecoin chart. According to the crypto analyst,....
Crypto Founder Identifies The Best And Worst Time To Be In Bitcoin
Bitcoin and the rest of the crypto market have been trading sideways for the better part of the year now. However, the tide is starting to turn as there could be a recovery trend for the crypto market very soon. To this end, a crypto founder has identified the best and worst times to be […]
Shiba Inu has caught the market’s attention once again with a nearly 6% price rebound, signaling renewed bullish momentum for the popular meme coin. After a period of consolidation, this jump has raised speculation that the bulls might be returning to drive the price higher. Could this price surge mark the beginning of a major rally, or is it just a temporary spike? All eyes are on the next move. This analysis aims to explore the recent 6% price rebound of Shiba Inu and assess whether this upward movement signals the start of a larger rally. By examining key technical indicators and....
Solana Investors Maintain Their Focus As They Double Their Mpeppe Bag
Solana (SOL) has long been regarded as one of the top-performing cryptocurrencies in the market, boasting incredible growth in the past 11 months. However, with the recent emergence of Mpeppe (MPEPE), a new AI-powered gambling memecoin, Solana (SOL) investors are beginning to diversify their portfolios. Despite Solana’s (SOL) success, many of its investors are choosing to double down on Mpeppe (MPEPE) in anticipation of its massive growth potential. Solana’s (SOL) Recent Performance and Concerns Solana (SOL) has recently experienced two consecutive red candles, raising concerns....
Bitcoin Short-Term Holder Supply Decreasing At Fastest Pace Since 2012: What’...
On-chain data shows the Bitcoin supply held by the short-term holders has recently been going down at its fastest monthly rate since 2012. Bitcoin Short-Term Holder Supply Plunges As Investors HODL As explained by CryptoQuant author Axel Adler Jr in a new post on X, the 30-day change in the short-term holder supply has plunged […]
Market Strategist Say GoodEgg Is Positioned To Outpace Shiba Inu in 2024
The journey of meme coins has been nothing short of spectacular in the cryptocurrency world, with Shiba Inu (SHIB) leading the charge as one of the most recognized tokens after Dogecoin (DOGE). However, the market is shifting, and 2024 could be a transformative year for new contenders like GoodEgg (GEGG). With its unique AI-based dating […]
Cardano Goes Bullish On-Chain: Can ADA Price Catch Up?
Cardano shows mixed signals on the technical indicators, not to mention the on-chain data. Despite bullish trends in the metrics, ADA has been unable to gain significant price momentum. At the time of writing, ADA is trading around $0.34, experiencing a slight 4% dip in the past 24 hours, leaving investors wondering whether it’s the right time to buy or wait. Related Reading: Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months, Analyst Predicts Speaking of positive vibes, Cardano received a strong vote of confidence from the crypto community. In a recent survey conducted by Weiss....
US Elections And Crypto: Industry Insiders Predict Potential Market Impact
As the US presidential election approaches, less than two months before what could be a turning point for the crypto industry, experts are expressing skepticism about its potential impact on the crypto market, according to a CNBC report. Crypto Leaders At TOKEN2049 Downplay US Election Impact Speaking at TOKEN2049 in Singapore, prominent figures in the […]
Transforming a $500B Industry: 7000+ Games, 15k Presale Registrations – How R...
If there’s one thing market blockchain is perfect for but hasn’t really broken into yet, it’s the $500B gaming and gambling industry. Crypto presale token Rollblock (RBLK) looks set to change all that, however, as new registrations recently exceeded 15k. Investors in legacy cryptos Ethereum (ETH), Solana (SOL) and BNB (BNB) are diversifying into RBLK as an attractive proposition, not only to those who like to play games online, but also like to earn a passive income from said players! Ethereum should be a part of every balanced portfolio Ethereum is the original crypto presale token....
October To Remember: Descending Broadening Wedge Says Bitcoin Is Going To $90...
Crypto analyst Jelle has highlighted a bullish pattern on the Bitcoin chart, which he predicts could send its price as high as $90,000. He also provided a timeline for when this parabolic rally could begin. This comes amid a bullish outlook for the flagship crypto following the Fed rate cuts. Descending Broadening Wedge Could Send Bitcoin To $90,000 In an X post, Jelle mentioned a descending broadening wedge pattern that had formed on Bitcoin’s chart. He claimed that the pattern has a price target of $90,000 and added that he expects the price breakout to this target to begin in October.....
Crypto Warning: Arthur Hayes Foresees Short-Term Market Crash Linked To Inter...
Former BitMEX CEO Arthur Hayes thinks the upcoming interest rate cuts by the US Federal Reserve (Fed) could ignite a short-term crypto market crash. Fed Is Doing A Colossal Mistake, Hayes Says Delivering a presentation titled ‘Thoughts on Macroeconomic Current Events’, at the Token2049 event in Singapore on September 18, Hayes indicated he is not […]
Will Bitcoin Bullish Swing Continue? Top Analyst Says Yes
An analyst has explained how Bitcoin will likely continue the latest bullish swing, at least in the short-term. Bitcoin Spot Exchange Supply Has Been On The Decline Recently In a new post on X, analyst Willy Woo has discussed the short-term and medium-term trajectories that BTC could follow. For the former, the analyst says the bullish trend would continue, with “likely 1 week left in play.” Related Reading: Dogecoin Miners In Accumulation Mode, But Is This Really Bullish? In the medium term, things appear to be more complicated, as Woo has pointed out the trend forming in the....
Former Coinbase Execs Debuts Stablecoin-Driven Crypto Exchange—Details
Two ex-senior executives from Coinbase, Vishal Gupta and Patrick McCreary, have announced the launch of TrueX. This new crypto exchange will focus on stablecoins, using PayPal Holdings Inc.’s PYUSD as its “preferred token for transactions.” According to a Bloomberg report, TrueX aims to cater primarily to institutional investors in the US and select international markets. This […]
HNT Slips After Helium v3 Proposal Sparks Community Backlash
After weeks of continued bullishness, Helium has now succumbed to the bearish pressure going against the grain as the broader market skyrockets in the short term. The latest market data shows that HNT fell by nearly 16% since last week, leading to a flip in investor sentiment. Related Reading: Bitcoin Mine Shutdown In Norway Sparks […]
