[ad_1] A widely followed analyst is turning bullish on altcoins as the total cryptocurrency market capitalization hovers above $3 trillion. The analyst pseudonymously known as Pentoshi tells his 811,300 followers on the social media platform X that once TOTAL3 (the total crypto market cap excluding Bitcoin and Ethereum) rises above approximately $790 billion, things could “get crazy.” According to the pseudonymous analyst, TOTAL3 will, however, experience corrections on the way up. “Where we’re going son, you don’t need charts… …Will be looking to add on dips. Price doesn’t move in a straight line. There will be shakeouts, bull traps, bear…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. The Dogecoin price recently surged 20% after President-elect Donald Trump announced the formation of a new Department of Government Efficiency (DOGE) to be led by Elon Musk and Vivek Ramaswamy. Interestingly, Dogecoin is up by about 250% in the past 30 days, far outpacing that of Bitcoin’s 40% increase in the same timeframe. This Dogecoin price overperformance against the Bitcoin price has seen the DOGE/BTC pair breaking above a descending trendline. Notably, crypto analyst KALEO forecasts substantial gains for Dogecoin against Bitcoin, noting a significant breakout in the DOGE/BTC pair. Analyst Says…
[ad_1] Follow Frank on X. On Tuesday, Breez announced its latest partner, Yopaki, a Mexican neobank. Yopaki has integrated with Breez’s free and open-source SDK, which enables its users to have a non-custodial Lightning wallet without having to run their own Lightning node. (More on how this works here.)Before continuing, I have to say that I get a little bit jealous whenever Breez makes such announcements, because they make me wish that Breez could partner with neobanks or Bitcoin apps accessible to residents in New York State, like myself.The thing is though, we can’t have nice Lightning things here in the…
[ad_1] Este artículo también está disponible en español. The Dogecoin price has put in a sensational performance since November 4th. In the past 10 days, Dogecoin has risen by an incredible 170%, with no major correction to date. After reaching its highest level since May 2021 at $0.4385 on Tuesday, the DOGE price was trading at just under $0.40 at the time of writing. Buy Dogecoin Now Or Wait? Crypto analyst Kevin (@Kev_Capital_TA), who recently gained significant attention on X (formerly Twitter) for his Dogecoin price analysis, has posted a series of updates addressing the question on whether investors should…
[ad_1] As Bitcoin (BTC) trades near record highs in 2024, the cryptocurrency market watches with strong positive sentiment as BTC inches closer to the coveted $100,000 mark. Since its inception in 2009, Bitcoin has seen dramatic price movements, but the current bull market suggests a six-figure price target is within reach. What is more, it can happen in the next few weeks.The crypto industry has witnessed unprecedented growth, with Bitcoin reaching a new all-time high of $93,495 on Wednesday, according to Coinbase data. Contributing to Bitcoin’s surge are multiple factors, including Trump’s presidential victory and BlackRock’s institutional involvement. The spot…
[ad_1] Bitcoin has repriced rapidly since the US election result, in a move that some observers are calling the Trump trade, while others assert that gains were overdue anyway. And there seems to be truth in both points of view: the bitcoin halving cycle and BTC’s previous months-long sideways movement both pointed to an incoming bullish period, while rate cuts and increased liquidity are always fuel for bitcoin. At the same time though, the resolving of the election in favor of Donald Trump, by a very clear margin, looks like the emphatic catalyst that has kicked off that anticipated bullishness…
[ad_1] On-chain data shows the average Bitcoin inflow to Binance has seen rapid growth over 2024, implying whales have been using the exchange more. Bitcoin Mean Exchange Inflow To Binance Has Shot Up Over The Past Year As CryptoQuant community analyst Maartunn explained in a new Quicktake post, Binance has seen a shift in its traffic over the past year. The on-chain metric of interest here is the “Exchange Inflow,” which keeps track of transactions going from self-custodial wallets to exchange-connected addresses. The traditional form of this indicator measures the total amount being deposited to these platforms via such transfers.…
[ad_1] The Solana blockchain network has been making tremendous strides and is on its way to catching up with Ethereum. Based on hedge fund Syncracy Capital’s recent findings, the market share and the valuation of Solana have increased in a short period, going as far as an estimate placing the network at 33% of the worth of Ethereum. This progress highlights how far Solana has come since being considered an undervalued player in 2023, thanks to more coherent architecture, higher transactions per second and simplicity of development. Solana has seen, and continues to see, an increasing volume of activity on-chain…
[ad_1] FBI agents conducted a raid on the Manhattan apartment of Polymarket CEO Shayne Coplan early Wednesday morning, just a week after the election-betting platform accurately predicted Donald Trump’s victory. Political Allegations Surround Polymarket According to a report by the New York Post, Coplan was awakened at 6 am by law enforcement who demanded his phone and other electronic devices. A source close to Coplan described the raid as “grand political theater at its worst,” suggesting that the FBI could have simply requested the information through his lawyer instead of staging a dramatic raid. The source speculated that the raid…
[ad_1] Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an…