Crypto analyst Benjamin Cowen is predicting a rough patch for Solana (SOL) holders, drawing parallels to Ethereum’s (ETH) past performance. He believes SOL’s price against Bitcoin (SOL/BTC) is following a similar pattern to ETH/BTC years ago. Solana’s Price Pattern: A Repeat of Ethereum’s History? Cowen, in a recent YouTube interview, highlighted a striking resemblance between…
Investor Luke Gromen, a prominent macro analyst, argues that the US might need to seriously consider Bitcoin as a neutral reserve asset. He believes the US faces a national security crisis following events in Ukraine, suggesting a shift away from the current fiat currency system is necessary. The Dollar’s Weakness and the Rise of Bitcoin…
The crypto world is buzzing with excitement as 2024 approaches! Two major events are fueling talk of a massive “Santa Rally”: Ethereum potentially hitting $5,000, and a new, crypto-friendly SEC chair. Ethereum’s Potential $5,000 Rally Ethereum (ETH), currently trading around $3,900, is showing serious strength. Analysts predict it could reach $5,000 before the end of…
Crypto whales, those big-money investors, have been making some serious moves recently. According to analyst Ali Martinez, they scooped up a massive amount of cryptocurrency in just a couple of days. Cardano and Dogecoin Surge Martinez reported that whales purchased over $85 million worth of Cardano (ADA) in just 48 hours. That’s a lot of…
A popular crypto trader, known as Bluntz, is predicting price surges for several altcoins. He’s particularly bullish on two: Pyth Network (PYTH) and Bonk (BONK). Pyth Network (PYTH) Breakout Bluntz, who uses Elliott Wave theory in his analysis, sees a bullish breakout pattern for PYTH, the utility token of the Pyth Network. He believes PYTH…
Societe Generale, a major European bank, just made a big move in the world of finance. They successfully completed a transaction using tokenized bonds on the Ethereum blockchain. What’s a Tokenized Bond? Think of it like a digital version of a regular bond. It represents the same thing but exists as a digital token on…
BlackRock, a major player in the investment world, believes the demand for Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) is just getting started. Focusing on BTC and ETH According to a Bloomberg analyst, a BlackRock executive stated that they’re concentrating on their BTC and ETH ETFs because of the high demand. They’re currently not…
Solana’s recent price action has been interesting. While it’s seen a bit of a dip after hitting a new high, the underlying investor behavior suggests a strong belief in its future. Long-Term Holders are Increasing Data shows a significant increase in long-term Solana holders. Many investors who jumped in during the recent rally are holding…
Peter Schiff, a well-known economist, is skeptical of claims that Bitcoin can solve the US national debt. He argues that even a massive amount of Bitcoin wouldn’t be enough. The Numbers Don’t Add Up Some Bitcoin enthusiasts believe that 1 million Bitcoins could eventually pay off the US national debt. Schiff disagrees, pointing out that…
Dan Morehead, CEO of Pantera Capital, a major crypto investment firm, recently revealed some details about his firm’s holdings. He confirmed a significant Bitcoin position, but also highlighted some “interesting” altcoins in their portfolio. Morehead’s Bullish Outlook Morehead remains bullish on the crypto market, stating that he expects further significant growth. He pointed out Bitcoin’s…
