Glassnode co-founders, Jan Happel and Yann Allemann (Negentropic), are raising concerns about Bitcoin’s future after it briefly topped $100,000. Despite the milestone, they’re seeing warning signs. A Weakening Market? Their analysis centers on the Bitcoin Fundamental Index (BFI). This index tracks various market factors like wallet activity and transaction volume. A drop in the BFI…
The crypto world saw a dramatic event recently: the spectacular crash of the HAWK meme coin, losing over 95% of its value in a short time. Was it a deliberate scam, or just a volatile meme coin succumbing to fear, uncertainty, and doubt (FUD)? Let’s examine what happened. The Queen of Memes and Her Failing…
Roaring Kitty, aka Keith Gill, the YouTube financial analyst who helped fuel the GameStop frenzy, reappeared on X after a three-month break. This sent shockwaves through the crypto market. Degens Rejoice: A Short-Lived Rally? His return triggered a massive surge in several meme tokens. GameStop (GME), AMC, and ROAR tokens all jumped over 50% in…
Bitcoin’s price has been climbing lately, and it’s got people excited. But interestingly, the most optimistic folks aren’t the long-term holders – it’s the short-term investors! Short-Term Holders Driving the Market Data from Alphractal, a crypto analytics platform, shows that short-term Bitcoin holders (think everyday investors) are more confident than ever. They’ve been steadily buying…
Dogecoin, the popular meme coin, celebrates its 11th birthday today, and analysts are buzzing about the potential for a price rally. A Meme Coin Turns 11 Created in 2013 as a playful parody of Bitcoin, Dogecoin has grown into a major cryptocurrency. It’s currently the second-largest proof-of-work blockchain by market cap. This anniversary could be…
A popular crypto analyst, known as Sherpa, is predicting big things for XRP. This altcoin has seen a massive increase—over 400%—in just one month. XRP’s Impressive Run Sherpa, who boasts a large following on X (formerly Twitter), believes XRP could even reach a new all-time high. While currently trading below its previous peak, its recent…
A memecoin based on a famous baby hippo, Moo Deng, has had a rough start after being listed on Coinbase. Coinbase Listing Doesn’t Boost Moo Deng Coinbase added Moo Deng (MOODENG), a Solana-based cryptocurrency, to its platform. The coin is named after a baby pygmy hippopotamus who became an internet sensation after being born at…
Crypto analyst Justin Bennett is predicting a massive price surge for the Ethereum-based altcoin, Curve Finance (CRV). He believes CRV could jump over 500%. CRV’s Potential 500% Rally Bennett, who boasts a large following on X (formerly Twitter), forecasts CRV reaching $6.80, a significant increase from its current price. This represents a potential gain of…
Grayscale, a major player in the crypto world, is trying to transform its Solana Trust into an exchange-traded fund (ETF). This move would make it easier for investors to buy and sell Solana (SOL) through a more regulated channel. A Big Move for Solana The filing with the SEC marks a significant step. Grayscale’s Solana…
Bitcoin finally hit the $100,000 mark! This milestone, predicted by many analysts, was a big deal for the crypto world. But that wasn’t the only big news. The long-dormant Mt. Gox exchange also made a massive Bitcoin transfer. Bitcoin Hits a New High After a long wait, Bitcoin’s price finally blasted past $100,000, reaching a…
