Dogecoin is making headlines again, with analysts offering mixed predictions about its price. Let’s dive into what they’re saying. Bullish Signals for Dogecoin? One analyst, Trader Tardigrade, sees positive signs. They noticed a bullish crossover on the MACD (Moving Average Convergence Divergence) indicator, suggesting increased buying pressure. The price has also been forming higher lows,…
Nvidia, a big name in computer chips, just lost a major legal battle. A shareholder lawsuit accusing them of hiding how much money they made from cryptocurrency is moving forward. The Supreme Court’s Decision The Supreme Court refused to hear Nvidia’s appeal. This means a lower court’s decision to allow the 2018 lawsuit to proceed…
Pantera Capital’s founder, Dan Morehead, is incredibly bullish on Bitcoin. He thinks its market value could skyrocket to a whopping $15 trillion! A Massive Untapped Market Morehead points out that big institutional investors are barely involved in crypto. He says most haven’t even touched it, and those that have only put in a tiny percentage…
Solana (SOL) is showing some serious renewed strength and is aiming to break through some key resistance levels. A successful breakout could send it soaring to a new all-time high in the coming weeks. Expert Prediction: Solana’s Big Upswing Crypto expert Negentropic thinks Solana is one to watch. They predict a significant price increase for…
Republican Congressman French Hill of Arkansas has been named the new chair of the powerful House Financial Services Committee. This is big news for the crypto industry. Hill’s Crypto Advocacy Hill is a known supporter of cryptocurrencies. He boasts an “A” rating from Stand With Crypto, a pro-crypto group backed by Coinbase. He’s actively championed…
A Texas lawmaker is proposing a bold new law: creating a state-funded Bitcoin reserve. Bitcoin in the Texas Treasury? Republican Representative Giovanni Capriglione recently introduced the “Texas Strategic Bitcoin Reserve Act.” The bill aims to add Bitcoin to the state’s treasury, viewing it as a way to hedge against inflation and market instability. The idea…
Solana (SOL) has taken the lead as the most popular blockchain platform for new developers in 2024, according to a new report from Electric Capital. Solana’s Developer Dominance The report reveals that a whopping 39,148 new developers joined the crypto scene this year. For the first time since 2016, Ethereum (ETH) wasn’t the top choice…
Chainlink, the decentralized oracle network, is seeing a surge in both price and on-chain activity, according to data analytics firm Glassnode. Fundamentals and Price Action Glassnode reported that while LINK’s recent price jump was fueled by short-term market speculation, underlying fundamentals are also improving. The number of active addresses is increasing, with short-term averages exceeding…
A new meme coin is shaking things up in the crypto world, and it’s called Wall Street Pepe ($WEPE). In just 24 hours, its presale raised a whopping $13 million, leaving Dogecoin and Shiba Inu in its dust. But is this a genuine contender, or just another fleeting internet craze? Let’s dive in. The Sudden…
Bitcoin’s scarcity is increasing as more investors, both big and small, are accumulating BTC. This could lead to a significant price jump, especially given recent positive price movements. A Big Shift in Bitcoin’s Supply Crypto analyst Kyle Doops noticed a major change in a key Bitcoin metric: the Long/Short-Term Holder Supply Ratio. This ratio shows…
