[ad_1] A closely followed crypto analyst says that one competitor of Solana (SOL) could skyrocket by 30% while updating his outlook on Bitcoin (BTC) and other digital assets. In a new strategy session, crypto trader Ali Martinez tells his 69,600 followers on the social media platform X that one key metric is flashing a buy signal for SUI, the native crypto asset of layer-1 blockchain and smart contract platform Sui Network. “The TD Sequential presented a buy signal on the SUI weekly chart. A sustained close above the 50-week moving average could trigger a 30% upswing to $1.20!” Source: Ali…
Author: dfrancis36
[ad_1] Bitcoin (BTC) has been gathering some momentum in the crypto sphere lately, crossing the $60,000 mark against multiple analysts’ signals. The world’s leading cryptocurrency has been on a wild ride, with its price fluctuations going haywire during the past few weeks. Bullish Factors Driving Bitcoin Price One major driver behind the recent price surge in Bitcoin is the understanding that a spot Bitcoin ETF is likely to be approved by the SEC. With immense anticipation of such a decision from the SEC, which is likely to finally open the door for increased institutional investments in the cryptocurrency, many investors…
[ad_1] Bitcoin, the flagship cryptocurrency asset is currently in the limelight after experiencing a price recovery, enabling BTC to surpass the $61,000 threshold. Following the positive move, the coin has once again demonstrated its supremacy in the cryptocurrency space and solidified its position as the top valuable digital asset, with its market share reaching a peak not seen in more than 3 years. The Market Is Becoming More Dominated By Bitcoin CryptoQuant, a leading on-chain analytics platform shared the positive development on the X (formerly Twitter) platform, which represents BTC’s increasing power and tenacity in the ever-evolving and volatile world…
[ad_1] A decentralized finance (DeFi) platform based on the smart contract platform Solana (SOL) is drafting a proposal to settle with the U.S. Securities and Exchange Commission (SEC). In a new community proposal, the decentralized autonomous organization (DAO) of Mango Markets (MNGO) has voted to settle with the SEC even though the regulator hasn’t formally charged the decentralized exchange (DEX) protocol with any crimes. However, the SEC and other federal agencies launched an investigation into Mango Markets after crypto trader Avraham Eisenberg exploited the protocol for $110 million in 2022. According to the Mango DAO, the SEC has accused them…
[ad_1] Chainlink (LINK) has surged over 10% in the past few hours, pushing its price to $11.39 at the time of writing. This significant gain comes after two weeks of sideways consolidation, signaling a potential shift in momentum. Related Reading As LINK rallies, data from Santiment, a leading crypto data intelligence platform, reveals that some daily traders are already taking profits, capitalizing on the recent price increase. This profit-taking activity highlights investors’ cautious optimism as LINK’s price gains momentum and reaches technical resistance in the 4-hour timeframe. LINK’s On-Chain Transaction Volume Showing Profit-Taking LINK’s daily profit-to-loss transaction volume has reached…
[ad_1] A notable Pepecoin (PEPE) whale made headlines by shifting a significant portion of their investment into two rivalling meme tokens, Pepe Unchained (PEPU) and Mpeppe (MPEPE), both of which are poised for potential 100x returns. This strategic move has sparked discussions across the crypto community, raising questions about the future of Pepecoin (PEPE) and the potential of these emerging rivals. Pepecoin (PEPE): On the Verge of a Bullish Breakout? Pepecoin (PEPE) has been a well-known player in the meme coin market, drawing attention with its whimsical branding and volatile price action. Recently, analysts have predicted that Pepecoin (PEPE) could…
[ad_1] Currently, two projects are catching the attention of top analysts: Base Dawgz (DAWGZ) and Mpeppe (MPEPE). Both tokens are currently making waves in the market, with predictions that they could see a 100x increase in the coming months. But what makes these two coins so special? Let’s dive into why these projects are set to explode and why savvy investors are paying close attention. Base Dawgz (DAWGZ): Revolutionizing Meme Coins with Multi-Chain Functionality Base Dawgz (DAWGZ) is setting a new standard for meme coins by incorporating a Multi-Chain functionality that allows it to operate across multiple blockchains, including Ethereum,…
[ad_1] The founder of Dizer Capital, Yassin Mobarak, recently revealed why crypto investors should not miss out on investing in XRP despite its unimpressive price action so far. The crypto analyst made this revelation while also acknowledging how difficult it is to hold the crypto token for now. The XRP Rally Will Be Massive Mobarak suggested in an X (formerly Twitter) post that XRP’s rally will be massive while stating that the crypto token is one that crypto investors do not want to be caught lacking exposure to when it skyrockets. Until when the parabolic rally occurs, the crypto analyst…
[ad_1] After experiencing a significant 25% pullback earlier this month, plunging to the $49,000 level, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above the crucial $60,000 support for the last 24 hours. However, Bitcoin’s journey toward further price appreciation has been without obstacles. The digital asset has been unable to surpass higher resistance levels, which technical analysts deem essential for a retest of the all-time high levels reached in March. What On-Chain Metrics Reveal According to a recent analysis shared on social media platform X (formerly Twitter), technical analyst Inspo Crypto has highlighted the cautious sentiment among…
[ad_1] Cryptocurrency corporations have spent a staggering $119 million campaigning in the political landscape for the 2024 US elections. That is nearly half of all corporate contributions in these elections, which total nearly $250 million. Out in front, companies like Coinbase and Ripple are leading the way, spending at prodigious rates in super PACs looking to push the candidacies of pro-crypto politicians while also undermining skeptics. This spending spree is raising eyebrows and concerns about the influence of money in politics. US Elections: The Rise In Crypto Spending The report from Public Citizen highlights that the crypto sector has become…