Dogecoin Bulls On The Rise: Analyst Highlight Path To $0.2

Dogecoin (DOGE), the popular meme-inspired cryptocurrency, is currently demonstrating signals that suggest it might be on the cusp of a significant bullish breakout. According to a recent analysis from prominent crypto analyst Ali, the meme-inspired cryptocurrency appears to be approaching a crucial resistance level, with market behaviors hinting at potential upward movement. Related Reading: Did A Dogecoin Whale Just Sink The DOGE Ship? The $30-Million Transfer Mystery Eyes Set On Breaking The $0.2 Resistance Level Ali, a well-known market analyst, pointed out that Dogecoin is testing the....


US DOJ Seizes $100M In Crypto From Major Dark Web Drug Trafficking Operation

In a recent crackdown on illicit transactions involving crypto assets, the US Department of Justice (DOJ) arrested Rui-Siang Lin, a 23-year-old individual from Taiwan. Lin, who also goes by the names Pharoah and Faro, is accused of owning and operating a dark web drug marketplace known as the “Incognito Market.”  The platform allegedly facilitated anonymous […]

Gala Games Recovers $23M Stolen By Hacker, Plans Token Buyback Program

In a recent security incident, Gala Games, a Web3 gaming company, fell victim to an exploit that led to the unauthorized minting of 5 billion tokens, equivalent to approximately $214 million.  The hacker behind the breach subsequently sold 592 million GALA tokens, amounting to $21.8 million in value, as blockchain analysis firm Lookonchain confirmed. CEO Of Gala Games Takes Responsibility For Breach Gala Games responded to the breach, assuring the community via social media platform X (formerly Twitter) that the security incident involving the GALA token had been contained and that the....

Dogecoin Forms Bullish Triangle Pattern, Analyst Reveals The Next Target

Dogecoin is currently seeing reasonable upside following the Bitcoin recovery above $71,000. This has sent the whole crypto market into a state of euphoria, and the DOGE price has crossed the $0.16 resistance while at it. This bullish trend is expected to continue, as one analyst points out that Dogecoin has formed a bullish triangle […]

Solana Cup And Handle Pattern Means An At Least 90% Move Against Ethereum, An...

Jan Happel and Yann Allemann, the co-founders of the on-chain analytics platform Glassnode, recently suggested that Solana (SOL) could make a significant move to the upside in its Ethereum pair. They alluded to the likelihood of Ethereum rising higher as another reason SOL will likely “soar.” Solana To Make A 90% Move Against Ethereum Happel and Allemann, through their shared X account (@Negentropic), highlighted a “clear Cup and Handle pattern” on the SOLETH chart, which suggests Solana will move 90% from its current price level. They also noted that the SOLETH ratio has been....

Venture Capitalist Rips Into Cardano, Questions Network’s Decentralization Cl...

Justin Bons, the founder of Cyber Capital, has launched a scathing attack on Cardano, claiming that the Ethereum competitor is “centralized.” Venture capitalists are convinced that this level of centralization, at the protocol level, is a “major weakness of the proof-of-chain blockchain.” Founder: Cardano Is Centralized According to Bons’ assessment, there is a problem with Cardano’s […]

Analyst Says $71,000 Bitcoin Move Is Only Halfway Through, Here’s Why

An analyst has explained how the current Bitcoin surge appears to have hit the halfway completion mark if this indicator is to go by. Bitcoin VWAP Oscillator Suggests BTC Rally Only Halfway Done In a new post on X, analyst Willy Woo has posted an update for how the Bitcoin Volume Weighted Average Price (VWAP) Oscillator is looking like after the latest rally. The VWAP is an indicator that, as its full form suggests, calculates an average price for the cryptocurrency based on not just the changes in the price over the day but also the volume that was traded at these prices. Related Reading:....

House Democrat Leaders Won’t Whip Against Two Pro-Crypto Bills

Recent reports revealed that Democratic Party leaders have opted not to whip the coming vote on two pro-crypto bills. This seemingly positive development comes alongside the recent 180-degree turn the Biden administration appears to be taking on cryptocurrencies. Related Reading: Ethereum Spot ETFs On The Horizon? US SEC Set To Announce Decision This Week House […]

Bitcoin Analyst Says The BTC Leg Up Is Halfway: Next Stop $74,000?

Bitcoin is firm, recently trending above $71,200 and easing past local resistance levels, much to the delight of holders. However, the current leg up is just the beginning for Willy Woo, an on-chain analyst. Bitcoin Rally Getting Started: Analyst Taking to X, Woo, who has been maintaining a bullish outlook for the world’s most valuable coin, boldly asserts that the current Bitcoin rally is only halfway through its welcomed bullish journey.  Sharing a chart, the on-chain analyst notes that the Bitcoin VWAP oscillator just bottomed up from oversold territory and is now at the zero....

DOGE To The Moon: Dogecoin Beats Out Cardano And XRP In This Major Metric

Dogecoin (DOGE) has come out on top over Cardano and XRP following a recent development highlighting each token’s growth. This could reflect positively on the meme coin’s price soon enough, given how much crypto users look to be invested in the crypto token.   Dogecoin Experiences The Second-Largest Network Growth Data from the market intelligence platform […]

SEC’s Feedback Propels Ethereum ETF Listings Closer To Approval, Insiders Claim

In a move that has the crypto community buzzing, the US Securities and Exchange Commission (SEC) has asked major exchanges to refine their applications for spot Ethereum ETFs.  According to a Reuters report, sources familiar with the process say this request is interpreted as a positive signal that the regulator may be ready to greenlight […]

Institutional Investors Pour $942 Million Into Bitcoin, Will This Trigger A R...

Institutional investors are doubling their bets on Bitcoin, with investment funds related to the flagship crypto recording massive inflows last week. This development signals a bullish sentiment among these investors which could trigger a Bitcoin rally to $80,000.  Bitcoin Investment Funds Record $942 Million In Inflows According to CoinShares’ latest weekly report, Bitcoin investment products recorded a net inflow of $942 million. These inflows are said to have been “an immediate response to the lower-than-expected CPI report on Wednesday,” with 89% of the total flows coming in the....

Ethereum’s Massive Surge Imminent: Standard Chartered Predicts ETF Approval A...

Amid the buzz and anticipation, Standard Chartered, a British cross-border bank, has projected that Ethereum spot ETFs will likely be approved by the US Securities and Exchange Commission (SEC) this week. According to the bank, the approval of these spot ETFs could catalyze significant market inflows, with estimates ranging from $15 billion to $45 billion […]

BREAKING: SEC Primed To Approve Ethereum ETFs This Week, Report Claims

In a significant departure from their previous skeptical stance, US regulators are reportedly leaning toward approving the long-awaited spot Ethereum ETFs for the second-largest cryptocurrency by market capitalization.  SEC Staff Signals Spot Ethereum ETFs Approval According to a report by Barron’s, the US Securities and Exchange Commission (SEC) staff communicated to exchanges on Monday that […]

Bitcoin On The Verge? Analyst Breaks Down What A $71,500 Weekly Candle Close ...

Both Bitcoin (BTC) and Ethereum appear to currently be the center of attention in the crypto market so far, with Bitcoin recently hitting just above a 24-hour high of $71,650 mark, marking a 6.4% increase in the past 24 hours and nearly 20% over the past week. A prominent Crypto Analyst who has since been tracking Bitcoin’s movements has recently revealed insights into the asset’s latest trends, signaling a notable move ahead for BTC. Related Reading: Unstoppable Bitcoin? CryptoQuant’s CEO Foresees Bull Run Extending To 2025 Bitcoin’s Path Analyzed: What’s Coming?....

Crypto Pundit Says Shiba Inu Bullish Pennant Will Push Price To New Highs, He...

A crypto analyst has predicted a massive bull rally for doggy-themed cryptocurrency, Shiba Inu (SHIB). The analyst points to a new technical pattern emerging for SHIB, indicating the potential for a surge to new highs.  SHIB Sets Sights For Next Upside Target A crypto and Bitcoin analyst identified as ‘Clifton Fx’ on X (formerly Twitter) […]

Why Is The Ethereum Price Up 20% Today?

The Ethereum price has risen almost 20% in the last 24 hours. This is a positive development for the second-largest crypto token, which has been lagging until now. Ethereum’s price surge is believed to be due to several factors, including the potential approval of the Spot Ethereum ETFs.  SEC Could Soon Approve Spot Ethereum ETFs Ethereum has risen on the news that the Securities and Exchange Commission (SEC) could approve the Spot Ethereum ETF applications. Before now, it was almost certain that the Commission would deny these applications. However, the SEC is now open to approving these....

Ethereum’s Explosion To $3,800 Puts 90% Investors In Profit: Data

On-chain data shows 90% of all Ethereum investors are now in profit following the sharp surge that the asset’s price has seen beyond $3,800. Ethereum Investors Overwhelming In The Green After ETF Rally According to data from the market intelligence platform IntoTheBlock, ETH’s latest rally has meant that a shift in investor profitability has occurred […]

Bulls In Control: Ethereum Longs See Biggest Candle Ever After ETF News

Data suggests users on Binance responded to the Ethereum exchange-traded fund (ETF) news by aggressively longing the cryptocurrency. Ethereum Net Taker Volume On Binance Has Just Seen Its Biggest Candle Ever As explained by CryptoQuant community manager Maartunn in a post on X, the Ethereum Net Taker Volume has observed a sharp increase after rumors have surfaced that the ETH spot ETFs have a renewed chance of gaining approval. The “Net Taker Volume” here refers to an indicator that keeps track of the difference between the ETH taker buy and taker sell volumes on any given....

Solana ‘Next In Line’ For Spot ETF Approval After ETH, Says Matrixport Co-Fou...

The recent buzz surrounding the potential approval of a Spot Ethereum ETF has not only propelled Ethereum’s price but also sparked significant interest in Solana as a strong follow-up candidate for ETF consideration. Amid this optimism, Daniel Yan, co-founder of Matrixport, has proposed a strategic pivot for investors, suggesting a focus on Solana (SOL) in […]

Shiba Inu Breaks Out Of Bull Flag Pattern-Like, Signaling Uptrend

In a noteworthy development for Shiba Inu investors and traders, well-known cryptocurrency analyst and enthusiast Javon Marks has verified SHIB’s break out from the Bull Flag pattern, an indicator that typically signals the start of an upward price movement. Shiba Inu Breakout To Trigger A Continuation 210% Price Increase Mark’s emphasis delves into the current bullish momentum surrounding Shiba Inu, which has caused traders and investors in the meme coin market to feel optimistic once again, indicating that the crypto asset could be positioned for more gains. Related Reading:....

How Centralized Is Cardano? Crypto Founder Has Answers And ADA Holders Will N...

Justin Bons, the founder and Chief Investment Officer (CIO) of Cyber Capital has called out Cardano, leveling serious accusations against the prominent blockchain and smart contracts platform. To the dismay of ADA holders, Bons alleges that Cardano is highly centralized, casting shadows over the blockchain’s reputation and foundational nature as a decentralized network.  Cardano’s Decentralization […]

Crypto Market Liquidations Top $330 Million In 24 Hours With Ethereum In The ...

As the Bitcoin and Ethereum prices hav barreled toward a new all-time high, short-term traders have been suffering the brunt of the liquidations. In the last day alone, over $330 million was liquidated from the crypto market and the majority of this has been from short traders who expect prices to fall once again. Over 78,000 Traders Liquidated For $330 Million Coinglass data shows that the last 24 hours have been brutal for crypto traders. In this short time, more than 78,000 crypto traders have seen their positions liquidated, leading to hundreds of millions of dollars in losses. Related....

Crypto Expert Predicts: These 8 Altcoins ‘Will Make You Rich’

In a new YouTube analysis released to his 502,000 followers, crypto strategist Miles Deutscher shared his insights on the evolving landscape of crypto investments. Deutscher’s discourse delved deep into the inefficacies of traditional venture capital (VC) investment models in the crypto space and proposed an alternative strategy focusing on certain altcoins which he believes are poised for significant growth. Deutscher criticized the conventional VC-backed token launches, stating, “VCs get in at super low valuations […] Then, when these tokens launch, they’re....

Expert Slams SEC Chairman For Lack Of Clarity On Ethereum’s Regulatory Status

As discussion regarding Ethereum‘s status heats up, the United States Securities and Exchange Commission (SEC) Chairman Gary Gensler has come under fire from well-known cryptocurrency market watcher and Cinneamhain Ventures founder Adam Cochran for the continued lack of clarity surrounding Ethereum regulations. Cochran’s criticism is focused on what he believes to be the SEC’s erratic […]

Experts Forecast Sudden Crypto Regulation Pivot By US President Biden

The Biden administration may be preparing for a strategic pivot on crypto regulations, potentially aligning closer with the digital asset community ahead of the upcoming November election. This speculation follows recent developments indicating a possible approval of a spot Ether ETF, a significant change in stance by the Securities and Exchange Commission (SEC). On Thursday, […]

BitMEX Founder Predicts The Dawn Of ‘Crypto Valhalla’: When Will It Start?

In his latest essay titled “The Easy Button,” Arthur Hayes, founder of the crypto exchange BitMEX, delves into the dynamics of global monetary policies and their consequential ties to what he describes as the impending ‘Crypto Valhalla.’ Hayes analyzes the policy maneuvers of the world’s major economies, notably Japan, the United States, and China, and their effects on the crypto landscape. The Dawn Of Crypto Valhalla Hayes outlines the Federal Reserve’s potential strategy in coordination with the US Treasury to engage in unlimited dollar-for-yen swaps with the Bank....

Watch Out! Dogecoin Creator Warns Of Exploding Social Media Ad Scams

Dogecoin creator Billy Markus, the internet personality also known as “Shibetoshi Nakamoto,” fired a shot across the bow of social media advertising with a recent critique. Markus, a major figure in the cryptocurrency world, took to his favorite platform, X, to express his frustration with the prevalence of scam ads. This issue has long been […]

XRP: Social Buzz Points To $0.70, But Technicals Predict Dip To $0.50 First

The value of Ripple’s XRP token has fluctuated dramatically in recent months. Talks about the coin are thriving and have reached their highest point since early April, despite an 8% price decline over the last 60 days. This raises the question of whether the recent internet talk will help XRP see a price spike or if it is just meaningless chatter that will eventually fade. Related Reading: Solana Blasts Past Resistance: Buckle Up For $330 Breakout – Analyst Social Media Frenzy The social media landscape surrounding XRP is abuzz. Santiment data reveals a surge in XRP’s social....

Ripple Vs. SEC Reaches Climax With Final Filing: Details

The legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) has intensified with the SEC’s latest court filing, marking the final submission before Judge Analisa Torres of the Southern District of New York deliberates on the remedies phase of this landmark case. Ripple Vs. SEC: The Final Move In its filing […]

Investors Pile Into Bitcoin: Over $1 Billion Inflows Fuel ETF Rally, Price To...

Lower-than-expected inflation data and a dominant Bitcoin have sparked a cautious return to crypto investment, with the US leading the charge. However, whispers of regulatory scrutiny cast a shadow over Ethereum, leading to outflows for the world’s second-largest cryptocurrency. Related Reading: Pump Fun Implodes: Ex-Employee Turned Hacker Exposes Alleged Shady Practices CoinShares, a leading digital […]

Crypto Investment Fund Exec Sentenced To 3 Years For $55 Million Scheme

Lilian Nurieva, former Head of Networks at Russian crypto Investment fund Finiko, has been sentenced to three years for defrauding private investors and participating in an organized criminal group. The $55 million pyramidal scheme is considered the second-largest financial scam in Russia’s post-Soviet history by the Federal Foundation for the Protection of Investors and Shareholders […]

Is $68,500 Bitcoin Recovery A Dead-Cat Bounce? What Data Suggests

Here’s what futures market data could suggest about whether this latest Bitcoin recovery will be a dead-cat bounce or not. Bitcoin Futures Market Shows No Signs Of Overheating So Far As explained by an analyst in a CryptoQuant Quicktake post, the BTC funding rate has stabilized around a relatively low value recently. The “funding rate” […]

Bitcoin Exchange Balances Hit Rock Bottom: Are We On The Verge of A Major Bul...

Amid anticipating the major post-Havling rally, Bitcoin (BTC) exchange reserves have hit an unprecedented low, falling below $2 million. This trend is particularly noteworthy as it signals an impending price for BTC. Thomas Fahrer, co-founder of Apollo, echoed this in his recent post on the social media platform X, noting that the dwindling BTC exchange […]

Pump Fun Implodes: Ex-Employee Turned Hacker Exposes Alleged Shady Practices

Jarett Dunn, the alleged hacker behind the Pump Fun exploit, secured bail after his arrest in London. Dunn, known online as StaccOverflow, is accused of draining nearly $2 million from the Solana-based memecoin marketplace on May 16th. However, in a surprising twist, Dunn isn’t pleading innocence. Instead, he’s claiming the real crime lies with Pump […]

XRP Holders In Panic Selling Frenzy? Sub-$0.50 Looms

The price of XRP, the native token of Ripple, seems to be teetering on the edge of a short-term decline, according to an analysis of on-chain data by NewsBTC. While bulls might want to hold their horses, the report paints a picture of a market potentially succumbing to selling pressure in the immediate future. RR Whales Shedding Weight: A Bearish Signal? The report raises a red flag with the movement of XRP in large wallets. Investors holding between 100,000 and 1 million XRP have been noticeably reducing their holdings. This suggests a potential increase in sell pressure, as these....

Ripple’s Stablecoin Set For ‘Great Impact’ On Crypto And TradFi, Says Top Eco...

In a recent contribution for Finextra, Carlo R.W. de Meijer, an independent economist and owner of De Meijer Independent Financial Services Advisory (MIFSA), provided an in-depth analysis of Ripple’s upcoming stablecoin launch. De Meijer, with nearly four decades of experience at institutions such as ABN, ABN AMRO, and the Royal Bank of Scotland, describes the […]

BNB Coin Price Hits Critical Support Level: Is a Rebound on the Horizon?

BNB price started a downside correction from the $585 zone. The price must stay above $570 to start a fresh increase in the near term. BNB price started a fresh decline after it failed to clear the $585 resistance zone. The price is now trading below $580 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $570 on the hourly chart of the BNB/USD pair (data source from Binance). The pair could start a fresh increase if it stays above the $570 support. BNB Price Holds Support After a decent increase, BNB price struggled near the $585....

XRP Price Still at Risk: Will It Face Another Downside Break?

XRP price started another decline after it failed to surpass the $0.530 resistance. The price is back below $0.5150 and showing a few bearish signs. XRP struggled near $0.5300 and started a fresh decline. The price is now trading below $0.5150 and the 100-hourly Simple Moving Average. There was a break below a key contracting triangle with support at $0.520 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bearish momentum if there is a close below $0.500. XRP Price Turns Red After a steady increase, XRP price faced resistance near the $0.530 zone. A....

Ethereum Price Dips: Bulls To Scoop Up the Opportunity?

Ethereum price started a downside correction from the $3,150 zone. ETH is holding gains and might start another increase from the $3,000 support. Ethereum started a downside correction after the bears defended $3,150. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,080 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a close below the $3,000 support. Ethereum Price Holds Ground Ethereum price gained pace after it settled above the....

Bitcoin Price Dips Yet Stays Positive: Market Sentiment Remains Upbeat

Bitcoin price extended its increase above the $67,500 resistance. BTC tested the $68,000 resistance and is currently correcting gains. Bitcoin started a downside correction after it climbed toward the $68,000 resistance zone. The price is trading below $67,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $65,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase unless the bears push it below $65,900. Bitcoin Price Starts Downside Correction Bitcoin price remained stable....

Crypto Institutions Gobble Up Billions In Bitcoin ETFs, Stockpiling 250,000 B...

The tides are turning in the cryptocurrency world, with institutional investors making a big splash in Bitcoin exchange-traded funds (ETFs) while retail investors seem content to bob on the sidelines. A recent report by IntotheBlock paints a picture of a two-tiered market, where hedge funds and even pensions are accumulating Bitcoin through ETFs, but the […]

Solana Blasts Past Resistance: Buckle Up For $330 Breakout – Analyst

Solana (SOL) is riding a wave of investor confidence, with its price steadily climbing towards uncharted territory. This bullish trend has analysts scrambling for their charts and telescopes, predicting a potential price explosion that could propel SOL to its all-time high (ATH) and beyond. However, amidst the excitement, some experts urge caution, reminding investors that cryptocurrency seas can be treacherous. Related Reading: ADA Price Surge Could Push Ratio Of Holders In Loss Below 55% Solana Sets Sail For Higher Ground The past week has been a banner one for Solana. The price has....

Will Washington Wreck Or Welcome Crypto? Looming Vote Holds Bitcoin’s Fate

With Bitcoin rocketing in value and Wall Street circling like a hawk, the US crypto industry is holding its breath as a crucial vote approaches in Washington next week. The Financial Innovation and Technology for the 21st Century Act, or Fit21, could reshape the regulatory landscape for digital assets, potentially welcoming the industry into the […]

Bitcoin Boom: Price Explodes Past $67,000 As Investor Confidence Returns

The cryptocurrency market has been shaken by turbulence over the past year, but Bitcoin is now staging a remarkable comeback, breaking past the $67,000 mark for the first time since late 2023. This unexpected surge has electrified the Bitcoin community, sparking widespread optimism and a sense of renewed hope among investors. Related Reading: Crypto Alert: VeChain Bull Run Imminent, Expert Predicts 500% Rally Confidence In Bitcoin High The collective mood of the Bitcoin community, as measured by Santiment’s “Weighted Sentiment” metric, has reached its most bullish level....

Toncoin Tsunami: $1 Billion Whale Activity Shakes Up Price – What’s Next?

Despite a recent surge in activity from large investors, often referred to as “whales,” the price of Toncoin (TON) appears headed for choppier waters. This comes as analysts raise concerns about the cryptocurrency’s weakening technical indicators and its potential breach of a key support level. Related Reading: Crypto Alert: VeChain Bull Run Imminent, Expert Predicts 500% Rally Whales Make A Splash, But Can They Save The Day? In a recent report, Joao Wedson, a crypto analyst at CryptoQuant, observed a significant spike in whale activity on the Toncoin network.....

Bitcoin Whales Balance Returns To Pre-FTX Collapse Levels – Impact On BTC Price?

Heading into the year 2024, Bitcoin spot ETFs (exchange-traded funds) and the halving event were arguably the biggest narratives in the crypto space. The Securities and Exchange Commission (SEC) approved the first BTC spot products in the US early on, driving the coin’s price to a new all-time high. The halving event, on the other […]

Fantom Price Continues To Shine – What’s Behind The Latest 15% Surge?

Fantom price has been such a joy to watch for investors in recent days, as a much-needed breath of fresh air continues to spread throughout the crypto market. Bitcoin and other large-cap assets seem to be recovering well after a period of sluggish and frustrating price action. Notably, Fantom emerged as one of the best performers in the cryptocurrency market over the past week, posting a substantial 26% price increase in the last seven days. The Layer 1 token has particularly been on a hot streak in the past day, soaring by 15%. The Catalyst Behind The Latest FTM Surge The much-awaited....

Genesis Gets Court Approval For $3 Billion Repayment Plan

Bankrupt crypto lender Genesis Global Capital has secured court approval to commence its $3 billion repayment plan to its creditors. The decision comes with revelations that Genesis’s parent company Digital Currency Group (DCG) will be recovering no value from the bankruptcy payout plan. Related Reading: Genesis Faces $21 Million Penalty As SEC Charges Are Settled= […]

Bitcoin Bull Brandt Burns Schiff: ‘Stop Betting On Dead Horses!’

The world of finance is no stranger to colorful characters, and this week, the gloves came off between two titans with opposing views on Bitcoin: Peter Brandt, a crypto bull, and Peter Schiff, a Bitcoin skeptic. Their battleground? Social media, of course. Related Reading: Phony Philanthropy? Notcoin’s $6.8 Million Gift To Telegram Founder Rings Alarm […]