An under-the-radar altcoin, Axelar (AXL), has surged to new heights after its surprise listing on Binance, the world’s largest cryptocurrency exchange. Interoperability Platform AXL is an interoperability platform that allows different blockchains to communicate with each other. It aims to simplify cross-chain transactions and make it easier for developers to build applications that work across…
Macro investor Dan Tapiero believes a predictive model suggests Bitcoin (BTC) could reach a staggering $900,000 in this market cycle. Stock-to-Flow Model The stock-to-flow (S2F) model by analyst PlanB forecasts Bitcoin’s long-term market cycles based on its halving events, when miner rewards are reduced. Tapiero highlights that the model accurately predicted price spikes in 2013,…
BlackRock’s spot Bitcoin exchange-traded fund (ETF) has quickly amassed over $10 billion in assets under management (AUM), according to Bloomberg Intelligence analyst Eric Balchunas. Key Highlights BlackRock’s iShares Bitcoin Trust (IBIT) has become one of only 52 ETFs to cross the $10 billion mark. The ETF has seen significant inflows, with IBIT alone receiving $604…
A popular analyst, Bluntz, has shared his views on two cryptocurrencies: dogwifhat (WIF) and Solana (SOL). Dogwifhat (WIF) WIF has seen a 229% surge in value since February 24th. The analyst notes a bullish divergence in the long-term price charts, indicating potential for further growth. Solana (SOL) Bluntz believes SOL may have reached a bottom…
Altcoin on the Rise Crypto analyst Inmortal believes that Solana (SOL) could skyrocket by over 350% to reach $600. He compares SOL’s potential to Ethereum’s (ETH) parabolic rise in 2021. Bitcoin and Ethereum Targets Inmortal also predicts that Bitcoin (BTC) could hit $120,000 and ETH could reach $10,000. Solana’s Momentum Inmortal suggests that SOL could…
Binance, the world’s largest crypto exchange, has recently incinerated a massive 2.2 billion LUNC tokens in a single day. Binance’s LUNC Burning Spree Since May 2022, Binance has burned a total of 53.49 billion LUNC tokens, including the latest burn. This ongoing burning tradition has been a significant effort by the exchange to support the…
A crypto whale has made a bold move, selling off a huge chunk of their PEPE investment to buy Shiba Inu (SHIB). Massive SHIB Purchase According to blockchain analytics firm Lookonchain, the whale sold 1.97 trillion PEPE tokens for $6.07 million on Binance. They then used the profits to buy $75.9 billion SHIB, worth $893…
After a long crypto winter, the market is showing signs of recovery, but investors remain cautious. As the anticipated bull market of 2025 approaches, analysts are looking for bullish candlestick patterns to guide their decisions. Bullish Signals to Watch For Hammer and Inverted Hammer: Small body with a long lower shadow (hammer) or upper shadow…
Scammer Poses as Wells Fargo Eileen Loughran, a Wells Fargo customer from San Francisco, received a text message from what appeared to be Wells Fargo asking about a $957 transfer through Zelle. She replied “no” and immediately received a call from a number displayed as “Wells Fargo Fraud Alert.” The scammer on the line convinced…
Arweave’s AR token has surged over 104% this week, following the launch of a new testnet for the project’s network. New Testnet Fuels Growth The testnet, called AO, is a hyperparallel computer that aims to enhance scalability and combine the benefits of smart contracts with traditional computing environments. According to AO’s website, it provides a…
