Big Money Moving Bitcoin has been on a downward trend lately, and recent data suggests that the selling pressure might not be over yet. Binance, the biggest cryptocurrency exchange by trading volume, has seen a significant increase in Bitcoin deposits. This usually means people are sending their Bitcoin to the exchange to sell it. What…
A popular crypto analyst, known as Altcoin Sherpa, is still bullish on Popcat (POPCAT), a memecoin built on the Solana blockchain. Popcat: Still Meow-ing Strong Popcat has seen a massive surge in price, rising over 22,000% since the start of the year. Sherpa believes that cat-themed memecoins have more room to grow, but warns that…
A popular crypto analyst, Benjamin Cowen, is predicting that altcoins could experience a significant drop in value against Bitcoin. Altcoins Still Have Room to Fall Cowen, who has over 800,000 YouTube subscribers, says that the market capitalization of altcoins (excluding Ethereum and stablecoins) is showing bearish signs against Bitcoin. He believes that altcoins could fall…
A popular crypto analyst is predicting big things for Solana, a competitor to Ethereum. He believes Solana could surge by a whopping 900% in the coming months. Solana’s Bullish Future The analyst, Ali Martinez, says Solana has broken out of a technical pattern that suggests a major rally is on the horizon. He expects Solana…
Dogecoin (DOGE) is looking good right now! Analysts are saying it’s about to experience a “golden cross” which could mean a huge price jump. What’s a Golden Cross? A golden cross happens when the 50-day moving average (MA) crosses above the 200-day MA. This is a signal that the market is strong and could be…
Coinbase’s UK arm, CB Payments Limited, got slapped with a hefty $4.5 million fine from the Financial Conduct Authority (FCA). Why? They broke a promise to keep high-risk customers off their platform. What Happened? Back in 2020, CBPL agreed to limit onboarding new customers the FCA considered “high-risk.” This was supposed to help prevent criminal…
A Rare Buy Signal Has Appeared A crypto analyst named Mikybull Crypto has spotted a rare buy signal for Bitcoin. This signal, called the “hash ribbon,” suggests that miners are finally done selling off their Bitcoin. This could be a big deal for the price of Bitcoin. What is the Hash Ribbon? The hash ribbon…
Get ready for a wave of crypto-based exchange-traded funds (ETFs)! That’s the prediction from Matt Hougan, the big boss at Bitwise, a company that manages digital assets. Ethereum ETF Launch a Big Success Hougan is super excited about the future of crypto ETFs, especially after the recent launch of the Bitwise Ethereum (ETH) ETF. He…
The altcoin market is having a tough time right now, and experts are trying to figure out why. Macroeconomic Headwinds One big reason is the overall economy. Interest rates are staying high, which is making investors cautious about risky investments like crypto. Crypto-Specific Issues There are also some problems specific to the crypto world: Supply…
Investment giant Franklin Templeton is keeping a close eye on the Bitcoin world. They’re excited about the recent growth of Bitcoin, especially after the approval of Bitcoin exchange-traded funds (ETFs) earlier this year. Here are five areas they’re particularly interested in: Bitcoin’s New Tricks Layer-2s: These are like shortcuts on the Bitcoin network, making transactions…
