Crypto analyst Kaleo predicts a massive rally for Theta Network (THETA), a decentralized video streaming platform. He believes THETA could soar by over 200% as the social finance (SoFi) sector gains traction. Reasons for Optimism Kaleo cites the upcoming airdrops for ARENA and FT (Friend.tech) tokens as catalysts for renewed interest in SoFi. He suggests…
Expert Analysis Cryptocurrency expert Dr. Profit has analyzed Bitcoin’s (BTC) recent performance and identified key factors that could drive its price to new heights. Sideways Movement: A Prelude to Surge Dr. Profit predicts a sideways movement for Bitcoin in the short term. However, he emphasizes that this is a normal part of market cycles and…
Crypto expert KSI has shared his thoughts on Bitcoin’s potential trajectory. Potential Ups and Downs KSI predicts Bitcoin could reach $73K-$80K soon, followed by a dip to $50K-$60K. He suggests a “boring red summer” before things heat up in winter. $100K by 2025? KSI joins analysts predicting Bitcoin could hit $100K by the end of…
FTX’s Stake Sale FTX, the bankrupt crypto exchange, is selling a majority stake in Anthropic, an AI startup, for $884 million. The move is part of FTX’s efforts to repay creditors and boost its cash reserves. Anthropic’s Ownership Change FTX initially invested $500 million in Anthropic in 2021. The startup has since attracted investments from…
SEC’s Decision The Philippine Securities and Exchange Commission (SEC) has blocked access to Binance, the world’s largest cryptocurrency exchange. The decision was made because Binance does not have the necessary license to operate in the Philippines. Website and Services Blocked The SEC has asked the National Telecommunications Commission (NTC) to block Binance’s website and related…
Escape from Custody Nadeem Anjarwalla, a senior Binance executive, escaped from Nigerian custody on March 22nd, after being detained on tax evasion charges. He fled the country using his Kenyan passport, despite having his British passport confiscated. Tax Evasion Charges Nigeria has filed tax evasion charges against Binance, Anjarwalla, and another executive, Tigran Gambaryan. The…
Threat to Long Traders Dogecoin is hanging on above $0.17, but a 10% drop could trigger massive losses for long traders. Over $66 million worth of leveraged longs would be liquidated if the price falls below $0.153. Short Traders on Edge On the flip side, a 10% price increase to $0.1908 would liquidate over $55…
Ethereum is on the cusp of reaching $4,000, but faces a potential roadblock: the US Securities and Exchange Commission (SEC). Technical Analysis Points to $4,000 Milestone Analyst Captain Faibik believes Ethereum’s price chart shows a bullish pattern, suggesting a breakout above $4,000. This optimism is based on a descending wedge pattern, indicating an end to…
Emin Gün Sirer, CEO of Ava Labs, warns of a wave of dangerous crypto projects during the next bull market. The Void Left by Sam Bankman-Fried With the fall of FTX CEO Sam Bankman-Fried, Gün Sirer believes that worse forms of fraud will emerge, particularly in the form of “trash L2s” (layer-2 solutions). Red Flags…
Analyst’s Insights: Glassnode analyst Checkmate predicts that Bitcoin investors will likely sell some of their holdings before the halving in April. The lack of significant corrections during the recent bull run suggests that holders may be eager to lock in profits. The halving event, where the reward for mining Bitcoin is halved, is typically seen…
