Memecoins exploded onto the crypto scene in 2024, quickly becoming a major investment trend. Initially dismissed as a niche speculative play, they captured nearly a third of all crypto investor attention, according to CoinGecko. This shows how intertwined internet culture, finance, and blockchain technology have become. At their peak, memecoins were valued at over $120…
A well-known crypto analyst, Pentoshi, is predicting a rally for several altcoins. He believes the market has hit a bottom, citing its lack of reaction to recent negative economic news. Mean Reversion on the Horizon Pentoshi’s analysis focuses on the concept of “mean reversion,” where prices tend to return to their average after sharp movements….
Bringing Traditional Finance to Blockchain President Trump’s World Liberty Financial (WLFI) is teaming up with Ondo Finance (ONDO), a real-world asset (RWA) tokenization platform, to bring traditional finance into the world of blockchain. This partnership aims to increase the use of RWAs in the DeFi space. The Partnership Details WLFI is integrating Ondo’s tokenized assets,…
A popular crypto analyst, known as Kaleo, is predicting a big surge for Litecoin (LTC). He believes LTC is poised to hit a new all-time high, potentially reaching $1,200. Litecoin’s Bullish Pattern Kaleo, who boasts a large following on X (formerly Twitter), says LTC’s current price action mirrors its 2021 bull run. He sees a…
Bitcoin’s price has been stuck in a rut lately, bouncing around between $94,700 and $98,600. It’s a stalemate between buyers and sellers, leaving everyone guessing what’s next. Strong Support from the Whales Analyst Axel Adler highlighted some interesting data. The “realized price” – essentially what new big investors (whales) paid for their Bitcoin – is…
Goldman Sachs is seriously betting on Bitcoin, increasing its holdings in Bitcoin exchange-traded funds (ETFs) to over $1.5 billion in the last quarter of 2024. This shows they’re really getting into crypto. A Massive Investment in Bitcoin ETFs A recent SEC filing revealed Goldman Sachs significantly boosted its investments in several Bitcoin ETFs. They increased…
Dogecoin has been having a bit of a rough week, dipping below support levels and losing its January gains. But, a new technical analysis suggests a potential turnaround. Breakout Potential A crypto analyst, Klejdi Cuni, spotted a strong pattern on the Dogecoin 4-hour chart. Between February 5th and 10th, DOGE consolidated within a tight range…
Dogecoin’s price has been dropping, falling below $0.30 and potentially heading towards $0.20. This downturn is linked to a significant decrease in social media buzz around the coin. Social Sentiment Plummets A recent post from analytics platform Santiment showed that social media chatter about Dogecoin is practically nonexistent. People are talking about other cryptocurrencies, like…
A crypto whale just suffered a massive loss after the price of Ethena (ENA) tanked. Big Losses on ENA Blockchain tracker Lookonchain reported that a whale sold almost 18 million ENA tokens, losing over $12 million in the process. The whale initially bought the ENA at an average price of $1.17, but sold it all…
An Alabama man, Eric Council Jr., 25, admitted to hacking the Securities and Exchange Commission’s (SEC) X account last year. He faces up to five years in prison. The Hack and its Fallout In January 2024, Council and others took control of the SEC’s official X account. They falsely announced the approval of spot Bitcoin…
