[ad_1] Cryptocurrency analyst and trader Michaël van de Poppe believes that one Solana (SOL) challenger may be gearing up to witness a bullish reversal. Van de Poppe tells his 719,300 followers on the social media platform X that a “new round of upwards momentum seems inevitable” for Sei (SEI). Source: Michaël van de Poppe/X According to the widely followed crypto analyst, Sei has depreciated by around 70% against Bitcoin (SEI/BTC) since January. Based on Van de Poppe’s chart on the daily timeframe, Sei may find support at 0.0000006 BTC ($0.42). Sei, which currently has a market cap of around $1.6 billion,…
Author: dfrancis36
[ad_1] Crypto analyst Lark Davis recently predicted that this bull run could be more massive than most people imagine. He outlined why this market cycle could stand out from previous ones. Why This Bull Run Will Be “Face Melting” Davis mentioned in an X (formerly Twitter) post that crypto market participants are about to witness a “face-melting bull run.” He alluded to the influence of institutional investors as the reason why this bull run will stand out. For one, he noted how the US Spot Bitcoin ETFs already record hundreds of millions of daily inflows. Related Reading Thanks to the…
[ad_1] Welcome to the world of BITmarkets – a leading cryptocurrency exchange offering a wide range of trading options for both retail traders and corporate clients. In this comprehensive review, we will explore the various features and services provided by BITmarkets, including spot, futures, and margin trading. Whether a seasoned trader or just starting your cryptocurrency journey, BITmarkets has something for everyone. So, let’s dive in and discover what makes BITmarkets a top choice in the crypto trading industry. What is BITmarkets? BITmarkets is a prominent cryptocurrency exchange that provides a platform for buying, selling, and trading over 150 cryptocurrencies.…
[ad_1] Dogecoin has been one of the most talked-about cryptocurrencies recently and has continued to maintain its position as the largest meme coin in the market. Its recent price action has left much to be desired, leaving investors wondering where the price might be headed next. However, an important bullish formation just showed up on the chart that could change the course of things for the meme coin. Dogecoin Forms Bullish Inverse Head And Shoulders Pattern While the recent Dogecoin price action has not been the best, it has been a buildup toward one of the most bullish patterns that…
[ad_1] Binance Coin (BNB), the native token of the world’s largest cryptocurrency exchange Binance, has been on a tear in recent weeks. After breaking free from a period of consolidation, BNB skyrocketed to a new all-time high of $717 on Friday. Despite a minor correction, the coin remains firmly in bullish territory, with analysts predicting further potential for growth. Related Reading Surge In Demand Fuels Rally Before its recent climb, BNB had been trading within a sideways range, a pattern commonly observed before a major price shift. This consolidation phase allowed buyers and sellers to reach a temporary balance. However,…
[ad_1] The Norwegian government has successfully frozen and returned $5.7 million linked to a high-profile cyber-attack on the Ronin network, an Ethereum sidechain integral to the web3 game Axie Infinity. This action underscores a growing international commitment to addressing cybercrime even in the cryptocurrency space. The funds were recovered as part of a collaborative effort involving various law enforcement and forensic entities. Ronin Hack: International Collaboration in Cybersecurity The Ronin network had suffered an exploit in March 2022, leading to the loss of over $600 million—the largest DeFi exploit to date. This incident was attributed to the notorious Lazarus Group,…
[ad_1] Today, Fuse Network, an enterprise-grade, use-case agnostic, decentralized EVM-compatible public blockchain, announced Liquify as its newest remote procedure call (RPC) provider and ecosystem partner. Liquify will provide public RPC services – both free and private. RPC nodes help process requests from decentralized applications (dApps). They are vital for improving the usability of web3 and for Fuse Network to offer superior infrastructure and scale. Offering dApp projects in the Fuse ecosystem with secure and robust RPC infrastructure is critical. Liquify is a blockchain solutions provider with co-located tier-3 data centers boasting bare metal servers with a guaranteed uptime of 99.95%. Bare…
[ad_1] During a San Francisco fundraiser hosted by tech venture capitalists David Sacks and Chamath Palihapitiya, former President Donald Trump positioned himself as the champion of crypto and criticized the Democratic party’s regulatory efforts in the sector. Donald Trump Raises $12 Million In Race For White House According to Reuters, the event was held at Sacks’ residence in the upscale Pacific Heights neighborhood and raised $12 million for Trump’s presidential campaign. Attendees reported Donald Trump’s declaration of being the “crypto president,” highlighting his support for the cryptocurrency industry. As the cryptocurrency industry faces increased regulatory scrutiny, it has sought to…
[ad_1] For some people, the word bitcoin still triggers an eye-roll, but by now, most of us know that cryptocurrency is here to stay. With that in mind, it’s a good idea to make sure you’re clued up and well-educated on the topic, especially if you’ve ever considered investing yourself. However, with so much misinformation floating around on the world wide web, it’s easy to assume that steering clear is safest, or to get overwhelmed with how to approach the process. If you’ve been having a bit of an internal battle over the ins and outs of crypto, here are…
[ad_1] On-chain data shows that Bitcoin investors have recently been scooping up supply equal to 5.5 times what the miners have produced. Bitcoin Investor Cohorts Have Been Busy Accumulating Recently In a post on X, analyst James Van Straten discussed the accumulation that Bitcoin investor cohorts have been participating in and how it compares with the recent spot exchange-traded fund (ETF) inflows. The investor cohorts here refer to groups of holders divided based on the amount of cryptocurrency they hold. In the context of the current topic, not any particular group is of interest, but all of them collectively are.…