A Bitcoin expert is seeing signs that the cryptocurrency might be on the verge of a comeback. Jamie Coutts, a well-known crypto analyst, says a key Bitcoin metric is flashing green, suggesting a potential bullish reversal. This metric, known as the hashrate, is a measure of the computing power used to mine Bitcoin. Hashrate Slowdown…
The world of crypto is buzzing with memecoins, and a new platform called Pump.fun is making waves. This Solana-based platform is quickly becoming the go-to place for creating and trading these quirky tokens. A Million Memes and Counting In just seven months, Pump.fun has seen over a million memecoins come to life on the Solana…
Bitcoin’s Dominance Is Falling Crypto analysts are seeing signs that Bitcoin’s dominance in the market is weakening. This could mean good news for altcoins, which have been struggling lately. A Bitcoin dominance chart shows a bearish pattern, suggesting that Bitcoin’s share of the market is likely to decline. This often leads to a period known…
The US Securities and Exchange Commission (SEC) has wrapped up its three-year investigation into Stacks, a Bitcoin Layer 2 blockchain, and its developer, Hiro Systems. The good news? No charges were filed. A Long Investigation Ends Muneeb Ali, one of the brains behind the Stacks protocol, shared the news on social media, expressing relief and…
Big Players Are Active Litecoin is seeing some serious action from big investors, known as whales. These whales are moving massive amounts of Litecoin, which is a sign that they’re interested in the cryptocurrency. What Does It Mean? The amount of Litecoin being moved by whales is huge – over half of the total value…
Crypto analyst Benjamin Cowen thinks Bitcoin might keep outperforming Ethereum, even if the much-anticipated Ethereum spot ETF gets approved. Ethereum’s Underperformance: Cowen says past predictions about Ethereum surpassing Bitcoin haven’t come true. He points out that the Ethereum/Bitcoin price ratio has been dropping, despite all the hype surrounding Ethereum’s transition to a new system called…
A crypto analytics platform called Santiment is saying that two lesser-known cryptocurrencies, Ethereum Name Service (ENS) and Treasure (MAGIC), are ready to explode in value. ENS and MAGIC: Network Growth Signals Potential Breakout Santiment says that both ENS and MAGIC have seen a huge surge in network activity over the past 24 hours. This kind…
A well-known crypto analyst, known as DonAlt, is cautiously optimistic about Bitcoin’s future. He believes that if Bitcoin can break through a major resistance level at $60,000, it could climb back to its previous range of $60,000 to $70,000. This would create a good opportunity for further growth. Breaking Through the Wall DonAlt warns that…
A well-known crypto analyst, known as Bluntz, is warning that Bitcoin (BTC) could be in for a rough ride. He’s predicting that BTC could fall below $53,000, which would be a new five-month low. Bitcoin’s Recent Dip Bluntz says that Bitcoin’s recent pullback from near $60,000 is a bad sign. He’s using the Elliott Wave…
Justin Sun, the founder of the Tron blockchain, is doubling down on his commitment to building the network. This comes after a big win in court against the Chongqing Business Media Group in China. The media group had accused Sun of fraud, but the court ruled in his favor, finding the accusations false. A Long…
