[ad_1] Closely followed economist and trader Alex Krüger says that Solana (SOL) exceeding the market cap of Ethereum (ETH) isn’t as farfetched as many investors believe. In a new discussion on the Unchained podcast, Krüger addresses Multicoin Capital managing partner Kyle Samani’s perspective that Solana will eventually flip Ethereum. Krüger says that he’s long-term bullish on SOL/ETH and that Solana has all its ducks in a row if it wants to flip Ethereum. “I think it’s very feasible in the long run. I’m not betting on that trade, but I think it’s very feasible. The way I see it is…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. Crypto analyst Astronomer (@astronomer_zero) posits a strong bullish outlook for Bitcoin in the fourth quarter of 2024. Leveraging historical data, Astronomer provides an analysis via X, suggesting an 82% probability of an ultra bullish trend based on the performance of Bitcoin in September. The crypto analyst opens his analysis with an emphasis on the unexpected positive performance of Bitcoin in September. “September is about to close and to the general public’s surprise, it’s looking like it’s going to be green (by a long shot), with the chance of setting the greenest September…
[ad_1] An analyst who became popular after accurately calling the 2022 crypto meltdown believes Bitcoin (BTC) and altcoins are gearing up for bullish continuation. Pseudonymous analyst Capo tells his 102,828 subscribers on the instant messaging platform Telegram that a small pullback is in sight for BTC. According to Capo, the minor retracement would set the stage for BTC to rally above $70,000. “Major resistance level also for Bitcoin. A pullback to the $64,000-$65,000 level would be healthy before bullish continuation.” Source: Capo/Telegram At time of writing, Bitcoin is trading for $64,370, down over 2% in the past 24 hours. Looking…
[ad_1] Este artículo también está disponible en español. A recent tweet from Uphold, a digital currency platform, has sparked a flurry of skepticism and exhilaration within the XRP community. The tweet jokingly implied that “XRP just reached $1,000,” which incited a flurry of speculation regarding the feasibility of such a price point. Although some enthusiasts are supporting the concept, numerous critics have promptly dismissed it as unrealistic, citing the substantial market capitalization increase that would be necessary for XRP to achieve that level. At the time of writing, XRP is trading at approximately $0.64. A monumental increase in value that…
[ad_1] Pro-XRP attorney Fred Rispoli, founder of HODL Law, continues to assess the likelihood of an SEC appeal as higher than the probability of the agency letting the case conclude without further action. Following the US District Court for the Southern District of New York’s final judgment on August 7, 2024, the SEC now has less than a week to decide whether to challenge the ruling regarding Ripple’s XRP token sales. The SEC only has until October 7 to appeal the final ruling in the Ripple case. Will The XRP Lawsuit Go In Overtime? Rispoli voiced his predictions this weekend…
[ad_1] Ethereum price is correcting gains from the $2,720 resistance. ETH is now trading below $2,650 and might find bids near the $2,600 level. Ethereum started a downside correction from the $2,720 zone. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,600 support to start a fresh increase in the near term. Ethereum Price Dips Again Ethereum price extended gains and traded above the $2,650 level. ETH even…
[ad_1] Bitcoin price extended its increase above $66,000. BTC is now correcting gains below $65,500 and might continue to move down toward $64,000. Bitcoin is correcting gains from the $66,500 zone. The price is trading below $65,250 and the 100 hourly Simple moving average. There was a break below a short-term bullish trend line with support at $65,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $64,000 support zone. Bitcoin Price Starts Downside Correction Bitcoin price remained supported near the $63,250 level. BTC extended its…
[ad_1] A closely followed analyst believes that one Ethereum (ETH) challenger is gearing up to spark massive rallies and play catch-up with other high-flying crypto assets. In a video update, pseudonymous analyst Rager tells his 197,800 followers on the social media platform X that Fantom (FTM) is one of his highest conviction trades for the coming year. Rager says Fantom’s upcoming migration to Sonic could push the altcoin to revisit all-time high levels. “If you just look at the Fantom chart, you’re going to have an idea of how high this can go. All-time high close [is] around $3.30, $3.50…
[ad_1] Este artículo también está disponible en español. Ethereum’s movement last week was full of mixed signals as Spot Ethereum ETFs started to witness good inflows. Notably, ETH has been on a rally since the middle of September, reflecting a 25% gain from the September 6 low of $2,171 as it crossed $2,715 on September 27. Related Reading This rally and the well-anticipated inflows in Spot Ethereum ETFs brought a much-needed breather into the Ethereum ecosystem. According to on-chain data, last week’s price action saw many Ethereum addresses moving into the profitability zone. Particularly, last week’s rally pushed Ethereum’s profitability…
[ad_1] Este artículo también está disponible en español. Arthur Hayes, co-founder and former CEO of the cryptocurrency trading platform BitMEX, has recently made headlines with significant investments in the memecoin sector, particularly through his notable purchase of Pepe (PEPE). Hayes’ optimism towards memecoins, expressed in a recent social media post on X (formerly Twitter), has coincided with a significant surge in PEPE’s value, reflecting a broader resurgence in interest within the crypto market. PEPE Price Soars Following Hayes’ Investment On-chain analytics platform Lookonchain revealed that Hayes invested $250,000 in PEPE by purchasing approximately 24.39 billion tokens on Binance on Friday.…