A well-known crypto analyst, Altcoin Sherpa, is optimistic about Sonic (S), an Ethereum competitor. He believes it’s hit its bottom and is poised for a breakout. Sonic (S): A Bullish Outlook (With a Caveat) Sherpa, who boasts a large following on X (formerly Twitter), points to Sonic’s bounce off its 25-day Exponential Moving Average (EMA)…
Dogecoin’s recent price surge stalled just below $0.20. Despite the setback, many Dogecoin holders remain confident. Let’s look at some key factors influencing its price. Strong Holder Sentiment Data from Glassnode reveals interesting trends. A significant portion (over 7%) of Dogecoin’s supply is clustered around the $0.20 mark, creating potential resistance. However, a large purchase…
Senator Cynthia Lummis recently made some bold claims about Bitcoin’s potential to significantly reduce the US national debt. She believes Bitcoin’s unique features—limited supply, permanent record, and easy storage—make it a strong long-term asset for national economic security. She even suggested it could cut the $36 trillion debt in half within 20 years! Bitcoin: America’s…
Dogecoin is making headlines again, with several analysts predicting a significant price surge. Could it really reach $1? Let’s dive in. $1 Target in Sight? Investing Scope, a crypto analyst, believes Dogecoin is poised to hit $1. They see the current market conditions as a rare buying opportunity, comparing it to a once-a-year chance. Their…
The SEC’s recent decisions to drop several lawsuits against major crypto firms like Kraken, ConsenSys, Cumberland DRW, Coinbase, and Uniswap signal a big change in how they view the crypto world. This has many people wondering which cryptos are poised to benefit. Let’s look at some promising options. The SEC’s U-Turn and its Impact The…
A cryptocurrency whale who previously made a massive profit from the TRUMP memecoin recently took a small loss. This follows a social media post by President Trump. A Quick Loss After a Huge Win According to crypto tracker Lookonchain, the whale spent $5 million in USDC (a stablecoin) to buy TRUMP tokens after President Trump…
Coinbase, a major US cryptocurrency exchange, recently added three new Ethereum-based altcoins to its platform, causing their prices to jump. The announcement on X (formerly Twitter) sent these lesser-known cryptocurrencies into a frenzy. The Winners: AltLayer (ALT): This scalability protocol saw a significant price increase, rising from $0.037 to a high of $0.041 in just…
TokenFi has eliminated the 0.3% buy/sell tax on its TOKEN cryptocurrency. This decision came after a unanimous vote by the Floki DAO, the project’s decentralized autonomous organization. Community Overwhelmingly Supports Change The Floki DAO proposal to remove the tax received 100% approval. This shows strong community support for making TOKEN more accessible and easier to…
Crypto analyst Guy Turner is sounding the alarm on Ethereum (ETH). He points to several factors contributing to ETH’s underperformance. Ethereum’s Underwhelming Performance ETH is currently trading significantly below its all-time high, a drop of around 58%. While Bitcoin (BTC) has seen recent rallies, ETH has lagged behind, failing to reach its 2021 peak of…
Ripple, a fintech company specializing in crypto-enabled payments, has partnered with Chipper Cash, a major African payments platform, to make cross-border payments across the continent faster and cheaper. A Game Changer for African Transactions This partnership will integrate Ripple’s technology into Chipper Cash’s existing platform. This means users in nine African countries will get their…
