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Top Analyst Says Ethereum Rival Super Close to Bottoming Out, Sees One Altcoin Kicking Off NFT Season for Solana

A top crypto strategist who’s been making timely altcoin calls as of late thinks that one Ethereum (ETH) challenger is close to printing a local bottom. Pseudonymous analyst Bluntz tells his 254,000 followers on the social media platform X that he’s bullish on Solana (SOL). According to the top trader, he sees Solana carving a […]

Top Analyst Says Ethereum Rival Super Close to Bottoming Out, Sees One Altcoin Kicking Off NFT Season for Solana Read More »

Q2 Correction Coming? Benjamin Cowen Warns Fed Rate Cuts Could Push Crypto Into Downswing

A widely followed crypto analyst is warning that the digital asset market could decline this quarter if the Fed starts cutting rates. In a new video update, crypto strategist Benjamin Cowen tells his 797,000 YouTube subscribers that if altcoins start breaking down against Bitcoin (BTC), it could indicate the start of a market correction due

Q2 Correction Coming? Benjamin Cowen Warns Fed Rate Cuts Could Push Crypto Into Downswing Read More »

Crypto Trader Bullish on One ‘Unpumped’ Altcoin, Updates Outlook on Bitcoin (BTC) and Ethereum (ETH)

A closely followed crypto trader is bullish on one under-the-radar layer-1 project that has lagged behind other altcoins. Pseudonymous trader and analyst Inmortal tells his 212,000 followers on the social media platform X that he’s got his eye on Constellation (DAG), a blockchain that uses Directed Acyclic Graph technology. Inmortal says that DAG’s market structure

Crypto Trader Bullish on One ‘Unpumped’ Altcoin, Updates Outlook on Bitcoin (BTC) and Ethereum (ETH) Read More »

BitMEX Founder Arthur Hayes Sends Over $1,000,000 Worth of GMX Tokens to Centralized Exchanges: On-Chain Data

BitMEX founder Arthur Hayes has reportedly sent more than $1 million worth of the decentralized exchange (DEX) altcoin GMX (GMX) to centralized exchanges. Pseudonymous on-chain analyst EmberCN tells their 79,700 followers on the social media platform X that Hayes had controlled the largest personal address for GMX holders since 2022. On Sunday, the BitMEX founder

BitMEX Founder Arthur Hayes Sends Over $1,000,000 Worth of GMX Tokens to Centralized Exchanges: On-Chain Data Read More »

Analyst Unveils Colossal Bitcoin Price Target As BTC Stays Close to $70,000 Before the Halving

A widely followed crypto strategist thinks that Bitcoin’s current strength will push BTC to a price level that exceeds people’s expectations this cycle. Analyst Michaël van de Poppe tells his 711,000 followers on the social media platform X that Bitcoin managing to print a new all-time high above $73,000 before the halving – when miners’

Analyst Unveils Colossal Bitcoin Price Target As BTC Stays Close to $70,000 Before the Halving Read More »

Trader Predicts Fresh Rallies for Dogecoin and One Ethereum-Based Altcoin, Updates Outlook on Two Crypto Assets

A widely followed crypto strategist believes that top meme token Dogecoin (DOGE) looks bullish even after last week’s marketwide correction. Pseudonymous analyst Altcoin Sherpa tells his 214,100 followers on the social media platform X that DOGE has managed to stay above a key support level on the weekly chart even after dropping to a seven-day

Trader Predicts Fresh Rallies for Dogecoin and One Ethereum-Based Altcoin, Updates Outlook on Two Crypto Assets Read More »

$13,800,000,000 Institutional Inflows at Highest Ever Yearly Rate, Far Surpassing 2021 Record: CoinShares

Digital assets manager CoinShares says institutional investment in crypto products last week helped push inflows to their highest-ever year-to-date levels. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products brought in $646 million in inflows last week. “Digital asset investment products saw continued positive sentiment with inflows totaling US $646 million

$13,800,000,000 Institutional Inflows at Highest Ever Yearly Rate, Far Surpassing 2021 Record: CoinShares Read More »

Fantom (FTM) Founder Andre Cronje Shows Support for Solana Amid Network Congestion Issues

Fantom (FTM) co-founder Andre Cronje says the Solana (SOL) network is a victim of success as the smart contract platform faces criticisms due to congestion issues. In a post on social media platform X, Cronje says that Solana’s recent outages are only because of its rising user activity and popularity. “Seeing a lot of ‘I

Fantom (FTM) Founder Andre Cronje Shows Support for Solana Amid Network Congestion Issues Read More »

Crypto Analyst Details ‘Contrarian’ Solana Play Amid Drop in SOL Sentiment

Closely followed crypto analyst Ali Martinez says that a contrarian play on Solana might be presenting itself for SOL bulls. Martinez says that Solana’s consolidation from the yearly high and the recent outages on its network have created a low in sentiment for SOL. Late last week, Solana also dealt with some congestion issues partially

Crypto Analyst Details ‘Contrarian’ Solana Play Amid Drop in SOL Sentiment Read More »

Market Cap of Memecoins Hit $56,000,000,000 in Q1 As Demand Soared to Highest Level Since 2021: IntoTheBlock

New data from market intelligence platform IntoTheBlock reveals that the market cap of memecoins has hit its highest level since 2021. In a new article, IntoTheBlock’s head of research, Lucas Outumuro, says that the aggregate value of meme assets has nearly tripled in Q1 of 2024 to $56 billion. “Demand for memecoins hit the highest

Market Cap of Memecoins Hit $56,000,000,000 in Q1 As Demand Soared to Highest Level Since 2021: IntoTheBlock Read More »

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