Background On March 14th, a Solana meme coin called Book of Meme (BOME) was introduced. Within three days, its value skyrocketed, and it was listed on Binance. Insider Trading Allegations Before the listing, a large crypto holder (a “whale”) bought 314 million BOME tokens for $2.3 million. After the listing, the token’s value soared, making…
Crypto expert Willy Woo has analyzed Bitcoin’s potential and outlined three scenarios for its future value: Hyperbitcoinization: Bitcoin becomes the dominant currency, reaching a value of $4.8 million per coin. Matching the US Dollar: Bitcoin’s value reaches $1 million per coin, equaling the size of the US dollar. Surpassing Gold: Bitcoin becomes more valuable than…
Binance CEO’s Prediction Binance CEO Richard Teng believes Bitcoin’s rally will continue, driven by institutional investment in Bitcoin exchange-traded funds (ETFs). He predicts Bitcoin will surpass $80,000 due to reduced supply and sustained demand. Digital Asset Inflows Soar CoinShares reports a record weekly inflow of $2.9 billion into digital asset investment products, surpassing the previous…
BNB Crypto analyst Kaleo predicts a breakout for BNB, the native token of the BNB Chain. He believes BNB will outperform Bitcoin (BTC) in the coming weeks, potentially reaching a high of 0.0115 BTC ($786.98). Injective (INJ) Kaleo is also bullish on Injective (INJ), a layer-1 crypto project. He expects INJ to break out of…
A savvy trader has made a massive profit by flipping a $72,000 investment into over $30 million in just three days during the latest memecoin craze. The Big Winner According to blockchain tracking firm Lookonchain, the trader using the Solana address “sundayfunday.sol” made their fortune by buying and selling Book of Meme (BOME), a new…
Memecoin Surge Predicted A renowned trader who accurately predicted Bitcoin’s price floor in 2018 believes that a Solana-based memecoin is poised for a rally to a new record high. Analyst Bluntz predicts that dogwifhat (WIF) will reach $4.50, completing its five-wave surge. Solana’s Resilience Bluntz also highlights Solana’s (SOL) strength during the recent market correction….
Economist Alex Krüger believes the recent approval of Bitcoin exchange-traded funds (ETFs) is just the beginning of a major surge in Bitcoin’s value. Institutional Sales Machine Still in Early Stages Krüger explains that the “institutional sales machine” for Bitcoin ETFs is only about 20% deployed. This means that major financial institutions like Merrill Lynch and…
Burn Rate Surges Shiba Inu’s burn rate has seen an incredible increase of over 2,300% in just one day. This means that 195 million SHIB tokens were burned during that period. Price Rebounds The surge in burn rate has had a positive impact on SHIB’s price, which has rebounded after a recent correction. The price…
Mining Hashrate Plunges Bitcoin’s mining hashrate, a measure of the network’s computing power, has recently taken a dive from its all-time high. This suggests that some miners have disconnected from the network. Reasons for the Decline 1. Bitcoin Price Drop: Miners earn revenue from block rewards and transaction fees. The recent price drop has reduced…
FOMC Meeting: Impact on Bitcoin and Crypto Central banks worldwide will announce interest rate decisions this week. The US Federal Reserve’s decision on Wednesday is particularly important. Interest rates are expected to remain unchanged, but the market is watching for any signals about inflation and the future of monetary policy. A “higher for longer” interest…
