Crypto analyst Jamie Coutts believes NEAR Protocol (NEAR) is poised for a significant price increase. Technical Analysis According to Coutts, NEAR’s price momentum has been consolidating since March, forming a bullish pattern. A breakout above $7.60 could trigger a surge towards $10.50, representing a 30% gain. Inverse Head and Shoulders Pattern Coutts also points to…
Crypto analyst Altcoin Sherpa predicts that memecoins inspired by US politics could soar in the lead-up to the November presidential election. Trump and Biden-Inspired Coins MAGA (TRUMP) and Jeo Boden (BODEN) are two memecoins that have drawn attention due to their connection to former President Donald Trump and President Joe Biden, respectively. Altcoin Sherpa believes…
A crypto investment fund linked to Arthur Hayes believes that Flare (FLR), a blockchain oracle rival to Chainlink (LINK), is undervalued and could potentially surge in value. Flare’s Potential The fund highlights that Flare has a lower fully diluted valuation compared to Chainlink, despite having a smaller number of project integrations. They believe that if…
Bitcoin’s Price Decline Bitcoin recently dropped 3.06%, reaching $60,372.36. However, analysts remain optimistic about its future. Bullish Predictions Titan of Crypto, a trading analyst, believes Bitcoin will rally after the halving. They noted a bullish engulfing candle pattern, indicating a potential trend reversal. Post-Halving Rally Titan of Crypto predicts a significant price increase after the…
When Will Bitcoin Reach $1 Million? Former Twitter CEO Jack Dorsey believes Bitcoin could hit $1 million by 2030 or later. He praises the Bitcoin ecosystem for its contributions to the cryptocurrency’s value. Dorsey’s Investment in Bitcoin Dorsey and his company, Block, own over 8,000 BTC and plan to invest 10% of their Bitcoin-related profits…
Event That Could Spark a Surge Matthew Dixon, CEO of Evai, believes a weaker consumer price index (CPI) report next week could trigger a significant rally for XRP. If inflation data comes in lower than expected, it suggests inflation is cooling off. This could lead the Fed to consider lowering interest rates, which is typically…
Despite the recent crypto market decline, PEPE coin has remained resilient, trading above key technical indicators. Technical Analysis 100-Day SMA and Trendline:PEPE has consistently traded above its 100-day Simple Moving Average (SMA) and trendline, indicating a positive trend. RSI Indicator:The 4-hour RSI is above 50, suggesting bullish sentiment. However, a divergence between price and RSI…
Tron’s decentralized finance (DeFi) ecosystem is on a roll, surpassing a whopping $21.7 billion in total value locked (TVL). This surge indicates a thriving DeFi scene on the Tron blockchain. DeFi Haven for Crypto Investors TVL is a key measure of DeFi activity, reflecting the amount of crypto assets deposited in DeFi protocols. Tron’s TVL…
SEC Enforcement Fails to Protect Investors Mark Cuban, the billionaire investor and crypto enthusiast, has slammed SEC Chairman Gary Gensler for the agency’s aggressive approach to regulating the crypto industry. Cuban argues that the SEC’s actions have not protected investors from fraud but have instead stifled legitimate crypto businesses. Urgent Need for Crypto Legislation Cuban…
Economists Are Often Wrong Despite being presented as experts, economists have repeatedly made inaccurate predictions. For example, they claimed inflation was “transitory” and dismissed concerns about government spending leading to inflation. The Failure of Keynesian Economics Keynesian economics, once widely taught, has proven to be flawed. It suggests that government spending can stimulate economic growth,…
