A well-known crypto analyst, known as Rekt Capital, is predicting that Bitcoin (BTC) is on track for a big jump in price this September. Bitcoin Needs to Climb Back Up However, there’s a catch. Bitcoin needs to break above $60,600 to make this happen. Right now, it’s trading around $57,239. What’s a CME Gap? Rekt…
CryptoQuant CEO Ki Young Ju believes that big players like traditional finance institutions, companies, and governments are quietly buying up Bitcoin. He’s seen a huge increase in Bitcoin being moved to “permanent holder” addresses, which are basically wallets that are unlikely to sell their coins anytime soon. What’s the evidence? Bitcoin is being accumulated: Over…
Ethereum ETFs are attracting investors despite recent market volatility. Strong Inflows Even with the market taking a dip earlier this week, Ethereum Exchange Traded Funds (ETFs) in the US saw a significant influx of $98 million on Wednesday. This marks the second day in a row of net inflows for these ETFs, highlighting their appeal…
Former President Donald Trump has announced a plan to create a national Bitcoin stockpile if he’s elected again in 2024. This has caused a lot of controversy, with legal experts and prosecutors slamming the idea. A National Bitcoin Reserve: What’s the Problem? Trump’s plan involves keeping all Bitcoin seized by the government in a central…
A New Kid on the Block Remember Dogecoin? The meme coin that took the crypto world by storm? Well, a new contender is on the scene, and it’s making waves. It’s called Mpeppe, and it’s priced at a super low $0.00107. Mpeppe is quickly gaining popularity, and some people think it could be the next…
Mpeppe (MPEPE) is a new cryptocurrency that’s making waves in the crypto world. It’s gaining popularity fast and some people think it could even overtake Dogecoin (DOGE). Mpeppe: More Than Just a Meme Mpeppe is inspired by Pepecoin and uses memes to get people excited about crypto. But it’s not just a silly meme coin….
CryptoQuant CEO Ki Young Ju is sticking to his prediction that altcoins will have a big year, even though the market is looking pretty rough right now. Whale Activity Fuels Altseason Hope Last week, Young Ju said he thinks altcoins will start to rise in late 2024 or early 2025. He’s not changing his mind,…
Binance Labs, the investment arm of the world’s largest crypto exchange, is putting money into Solayer, a Solana-based staking network. Solayer: Boosting Solana’s Security and Efficiency Solayer is a relatively new project, but it’s already made a big splash. In just two months, it’s attracted over $150 million in investments and has more than 70,000…
A popular crypto analyst thinks Bitcoin (BTC) could quickly recover from its recent drop. Bitcoin’s Quick Bounce The analyst, known as The Crypto Dog, believes Bitcoin could bounce back just as fast as it crashed. Bitcoin recently fell from $70,000 to a six-month low of $49,000. But it has since recovered and is now trading…
A popular crypto analyst thinks that NFTs are about to have a huge comeback. Kaleo, a well-known trader with over 600,000 followers on X (formerly Twitter), believes that NFTs will experience a major surge in popularity similar to what happened in late 2020 and early 2021. NFTs: A History of Success Kaleo points out that…
