Bitcoin (BTC) has shown signs of “speculative activity” after a period of consolidation, according to crypto analytics firm Glassnode. New Buyers and Investors Glassnode reports that new buyers and investors who have held BTC for six months to three years are holding unrealized profits. This suggests that the market is entering an early “euphoric phase”…
Cryptocurrency analyst Jason Pizzino predicts a significant move is coming for Bitcoin (BTC) and other crypto assets. Bitcoin’s Bullish Outlook According to Pizzino, Bitcoin has recently experienced a period of low volatility, which often precedes a major price movement. He believes the next move for Bitcoin is likely to be upwards. “We’ve seen one of…
Market Cap Surge to $10 Billion Crypto analyst Kaleo believes that Floki (FLOKI), a Dogecoin rival, is poised for further significant growth. He predicts that the coin’s market cap could soar to $10 billion, more than three times its current value. Cup-and-Handle Pattern Kaleo cites the formation of a bullish cup-and-handle pattern as a technical…
A renowned cryptocurrency analyst, Bluntz, has forecasted a significant rally for BNB, the utility token of the BNB Chain. Bluntz believes BNB will reach $1,000 or higher, representing a 71% gain from its current price of $700. Bluntz’s analysis suggests a five-wave pattern, where BNB could potentially reach $1,200. The analyst’s prediction is based on…
Argentina’s embrace of blockchain technology took a significant step forward this week with the Cardano Foundation’s partnership with Entre Ríos, a central province. Argentina’s Crypto Potential This alliance signals a turning point for both parties. Cardano aims to establish itself in Argentina’s vibrant crypto scene, while Entre Ríos seeks expertise in blockchain adoption. The Cardano-Entre…
Robinhood is making a big move to expand its crypto offerings by acquiring Bitstamp, a global crypto exchange. Global Expansion Robinhood’s purchase of Bitstamp will allow it to reach customers outside the US. Bitstamp has offices and licenses worldwide, providing Robinhood with a foothold in new markets. Institutional Focus Bitstamp’s institutional offerings, such as lending…
Shibarium: Enhancing Scalability and Efficiency Shibarium, Shiba Inu’s layer-2 blockchain, has significantly improved the project’s scalability and transaction speed. Launched in 2023, it has attracted millions of users and reduced gas fees, addressing a major pain point for Ethereum users. SHIBdentity: Empowering Digital Identity SHIBdentity aims to revolutionize digital identity by providing users with control…
Vitalik Buterin, co-founder of Ethereum, has blasted the recent trend of celebrities endorsing memecoins. He criticized these projects for failing to provide any real value or substance. Celebrity Crypto Ventures Buterin specifically mentioned Caitlyn Jenner’s JENNER token and Iggy Azalea’s MOTHER token as examples of projects that have failed to live up to expectations. Both…
The Rise and Fall of Celebrity-Backed Tokens The cryptocurrency market has seen a surge in celebrity-backed meme coins, such as JENNER, RICH, and BANDO. Fueled by the meme coin craze and celebrity endorsements, these tokens initially experienced a surge in trading activity. However, their value quickly plummeted, with some losing up to 90% within days…
BNB (Binance Coin) Crypto analyst Altcoin Sherpa believes BNB, the native token of the BNB Chain, is poised to hit new all-time highs (ATHs). He notes its strong market structure and predicts it will soon break above its current trading range of $621.50. Bittensor (TAO) Sherpa is bullish on TAO, a blockchain platform focused on…
