Ethereum May Drop Sharply, Analyst Warns

Analyst Benjamin Cowen believes Ethereum (ETH) may be following a historical pattern that could lead to a significant price drop. Historical Precedent In the previous crypto bear market, Ethereum didn’t reach its bottom until it broke below a rising wedge pattern and retested a macro low. Cowen also noted that ETH crashed after the Ethereum/Bitcoin…

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Pixels Soars After Binance Listing

What’s the Buzz? Pixels (PIXEL), a Web3 game built on the Ronin blockchain, has skyrocketed after going live on Binance, the world’s largest crypto exchange. Details PIXEL surged from $0.47 to $0.69, a 46% increase. The token is now available for trading, farming, and other opportunities on Binance. Binance has labeled PIXEL as a “seed”…

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Bitcoin’s Journey to $150,000: Expect a 40% Dip

Market Sentiment: Not Always Reliable Crypto analyst MichaĆ«l van de Poppe warns that market sentiment can be misleading. He cites examples where sentiment predicted a new all-time high for Bitcoin, but it didn’t happen. Conversely, when sentiment was negative and the price dropped to $39,000, it eventually recovered. Current Market Trends The current surge in…

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Japan’s Crypto Embrace: Investment Funds Get the Green Light

Japan is opening its doors to cryptocurrencies by allowing investment funds to hold digital assets directly. Kishida’s Support Prime Minister Fumio Kishida’s government has approved a bill that will amend the Industrial Competitiveness Enhancement Act. This amendment will allow venture capital firms and investment limited partnerships to include crypto assets in their portfolios. Growing Recognition…

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AI Altcoins Poised for a Worldcoin-Like Surge

Worldcoin (WLD) has been making waves lately, with its value skyrocketing over 200% in a week. This AI-powered altcoin is riding the wave of excitement surrounding artificial intelligence (AI). Here are three other altcoins that could follow in WLD’s footsteps: Arkham (ARKM) The native cryptocurrency of the Arkham platform. Shown strong promise during the recent…

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Bitcoin Whales Accumulate Billions in 2024

Whales Buy, Smaller Holders Sell Bitcoin’s largest holders are aggressively buying up the cryptocurrency, while smaller whales are selling. Wallets holding between 1,000 and 10,000 BTC have added $12.95 billion worth of Bitcoin in 2024, while wallets holding 100 to 1,000 BTC have sold $7.89 billion. Large Transactions Surge The number of large Bitcoin transactions…

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Analyst Warns Against Betting on Altcoin Correction

Altcoin Market Remains Strong Crypto analyst Jason Pizzino believes a significant altcoin correction is unlikely. He points to the monthly chart of TOTAL3, which tracks the total market cap of crypto assets excluding Bitcoin, Ethereum, and stablecoins. Pizzino notes that TOTAL3 is consolidating and preparing for a breakout, suggesting that a severe correction is not…

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Mysterious Buyer Snaps Up Millions in Chainlink

An unknown institution has been on a buying spree, accumulating over $216 million worth of Chainlink (LINK) in just two weeks. According to blockchain tracking firm Lookonchain, dozens of wallets linked to the institution have withdrawn massive amounts of LINK from crypto exchange Binance. LINK’s Bullish Run LINK has been on a tear in February,…

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