Analyst Predicts Upswing for Solana and Render

A renowned analyst who accurately predicted the 2022 crypto crash has expressed optimism for Solana (SOL) and Render (RNDR). Solana and Render on the Rise The analyst, known as Capo, believes that Solana, an Ethereum competitor, and RNDR, a blockchain focused on GPU rendering, are poised for an uptrend. Capo has increased his long positions…

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Airdrop Hunter Bags $753,000 in ZK Tokens

An airdrop hunter has raked in a whopping $753,000 worth of ZKsync tokens (ZK) across 85 wallets, according to crypto tracker Lookonchain. Binance Deposit and Sale The hunter then deposited 2.71 million ZK, valued at $678,000, into Binance. They also sold 300,000 ZK for 20 Ethereum (ETH), worth $69,000, through the decentralized exchange SyncSwap. ZKsync…

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Bitcoin Nearing Bottom, Analyst Says

A crypto analyst known as Credible believes Bitcoin (BTC) could be close to finding a bottom at current levels. Swing Pattern Failure Credible noted a potential swing pattern failure (SFP) in Bitcoin’s lower time frame after a bounce from $64,000. SFPs are often seen as possible reversal points. “There’s a chance our BTC bottom is…

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Dogecoin Faces Potential Drop to $0.072

Bearish Triangle Pattern Crypto analyst Crypto Daily Trade Signals has warned that Dogecoin (DOGE) could face a downside risk due to a descending triangle pattern. This pattern indicates a series of lower highs and a flat support level at $0.121. Despite the support level, the bearish market conditions driven by Bitcoin’s decline could weaken it….

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Crypto Regulatory Shakeup: SEC’s Top Cop Steps Down

David Hirsch, the SEC’s chief crypto regulator, has left his post, leaving the industry wondering what’s next. Hirsch’s Legacy: A Crackdown on Crypto Hirsch was known for his tough stance on crypto enforcement. Under his leadership, the SEC took on major players like Kraken, Coinbase, and Ripple, setting a precedent for strict oversight. Speculation and…

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Trump Memecoin DJT: A Fraudulent Scheme

The Fake Memecoin The Solana-based memecoin DJT, initially linked to Donald Trump’s son Barron, has been exposed as a scam. Martin Shkreli, the Mastermind The orchestrator behind this fraud is Martin Shkreli, a controversial figure known for his pharmaceutical industry antics. The Investigation Crypto investigators, including ZachXBT, uncovered the deception. Shkreli panicked and admitted his…

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Altcoins to Watch for Breakout Potential in 2024

Analyst Jason Pizzino believes that altcoins showing strength during the recent market correction will lead the charge in reaching new highs this year. Solana and Pendle on the Radar Pizzino has identified two altcoins that he believes are particularly promising: Solana (SOL): Despite the recent downturn, SOL has maintained its higher lows. Pendle (PENDLE): PENDLE…

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TradFi Takes Lead in Tokenizing Real-World Assets

Traditional finance (TradFi) is emerging as the dominant force in tokenizing real-world assets (RWA), according to blockchain data provider Kaiko Analytics. TradFi Giants Join the Tokenization Wave Major TradFi players such as Fidelity, JPMorgan, and BlackRock are leading the charge in tokenizing RWAs using crypto. Fidelity recently joined JPMorgan’s tokenized network, while BlackRock’s tokenized liquidity…

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