[ad_1] Macro guru and Real Vision CEO Raoul Pal believes that Solana (SOL) will furiously outpace Bitcoin (BTC) this cycle. In a new YouTube strategy session, Pal says that Solana could be printing a classic bullish inverse head and shoulders pattern (I-HNS) pattern against Bitcoin. “That’s a killer inverse head and shoulders, cup and handle, whatever it is. It’s suggesting there is a very big move to come in this cross, meaning Solana is going to outperform a lot. That is a typical signature of crypto summer, which is altcoin season.” Source: Raoul Pal/YouTube An inverse head and shoulders pattern…
Author: dfrancis36
[ad_1] Layer 2 scaling solution Polygon has maintained strong network activity even as the broader cryptocurrency market and its native token, MATIC, experienced a downturn in the second quarter of 2024, according to a new report from market intelligence platform Messari. Polygon Weathers Crypto Market Downturn While MATIC saw a 44.3% drop in its circulating market cap to $5.5 billion over the quarter, placing it as the 20th largest crypto asset (currently at the 26th position), the protocol’s on-chain metrics remained strong. This is in contrast to larger cryptocurrencies such as Bitcoin and Ethereum, which saw their market capitalization decline…
[ad_1] Meme coin trading on the Solana network has exploded over the last year, with the likes of BONK, Dogwifhat, and POPCAT going from below $1 million to over $1 billion in market cap. There have been other successful coins as well running into the hundreds of millions in market cap. However, one meme coin is standing out currently after a Dogwifhat whale completed a massive $2.4 million purchase that triggered a surge in the price. Solana Trader Puts $2.4 Million Into MUMU The Bull MUMU The Bull is another Solana meme coin that has been slowly making its way…
[ad_1] The on-chain analytics firm Santiment has revealed how Shiba Inu and XRP are among altcoins that are seeing a bullish divergence on the MVRV Z-Score. MVRV Z-Score Says XRP And Shiba Inu Traders Are Seeing Losses Currently In a new post on X, Santiment has discussed how the various top coins in the cryptocurrency sector look on the MVRV Z-Score. The “Market Value to Realized Value (MVRV) ratio” is a popular indicator that, in short, measures the deviation between the total value held by the investors of an asset (that is, the market cap) and what they used to…
[ad_1] Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments…
[ad_1] After concerns early this week, Bitcoin has rebounded sharply at spot rates. At the time of writing, the world’s most valuable coin is up 20% from July 2024 lows. Considering the upsurge from July 25, there is a high chance it will pierce $70,000 over the weekend and even break above the all-important liquidation level of $72,000. Analyst: Expect Bitcoin To Range Between $75,000 And $95,000 As Bitcoin regains footing, much to the excitement of bulls, some analysts now believe this is the beginning of the next leg up. This preview is positive, at least based on the recent…
[ad_1] A study from TRM Labs says that Russia’s involvement in illegal crypto operations grew a lot in 2023. Almost 70% of all cryptocurrency earnings from ransomware came from groups of people who spoke Russian. This makes them big players in this field. It is clear that Russia plays a significant part in the worldwide hacking sector, as these entities have stolen almost half a billion US dollars, the report disclosed. The study puts in the spotlight ALPHV/BlackCat and Lockbit, two ransomware operators that profited over $320 million. Sanctioned hacker Lockbit has targeted Boeing and the Royal Mail in the…
[ad_1] Crypto analyst Kevin (formerly OG Yomi) has made a bullish case for Dogecoin (DOGE). Based on his analysis, the foremost meme coin could replicate its 2021 bull run when it enjoyed a price gain of 18,000%. Dogecoin Could Soon Replicate Its 2021 Bull Run Kevin suggested in an X (formerly Twitter) post that Dogecoin could soon replicate its 2021 run when it made a price gain of 18,000%. This came following his statement that DOGE is two to three weeks away from achieving its first weekly golden cross in four years. The analyst noted that the meme coin went…
[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…
[ad_1] Cryptocurrency payment gateway CoinGate has released a report outlining the current stage of crypto payments on its platform. The crypto platform has also declared Shiba Inu (SHIB), Solana (SOL) and Litecoin (LTC) as leading coins for crypto payments. CoinGate Crypto Payments Surge With Solana And Litecoin The crypto payments sector continues to grow rapidly, driven by the rising popularity of altcoins and meme coins, and their increasing integration in the financial sector. In light of this rapid growth, CoinGate has released an official report, providing a comprehensive overview of the current state of its crypto payments and industry insights…