A widely followed crypto analyst says that Ethereum (ETH) competitor Solana’s (SOL) nearly 45% devaluation from its 2024 high may end up being a “lifetime opportunity” for long-term bulls. Pseudonymous crypto trader Inmortal tells his 212,400 followers on the social media platform X that Solana looks poised to erase most of its losses in the
A popular crypto trader says that a slumping memecoin could witness a colossal move to the downside after violating a key support level. Crypto analyst Ali Martinez tells his 57,700 followers on the social media platform X that the frog-themed meme asset Pepe (PEPE) is “preparing for its next move” amid its recent price woes.
A widely followed trader says that he is bullish on the leading memecoin Dogecoin (DOGE) despite the marketwide correction. The trader pseudonymously known as Sherpa tells his 214,200 followers on the social media platform X that he intends to accumulate Dogecoin. “DOGE: The play in my opinion is just to buy down to $0.15 and
The market intelligence platform Santiment believes Bitcoin (BTC) could soon hit $100,000 if the correlation between crypto and stocks decreases. In a new video update, Brian Quinlivan, Santiment’s director of marketing, says Bitcoin may be diverging from the S&P 500, a historic bullish signal for the crypto king. “After the bad news about inflation, this
Crypto analyst Michaël van de Poppe says Bitcoin (BTC) is facing a tough test at current levels. The widely followed crypto trader tells his 711,400 followers on the social media platform X what needs to happen for BTC to reach new all-time highs (ATHs) before the halving, a quadrennial event slashing BTC rewards to miners in half,
Widely followed crypto analyst Criptopaul says he thinks a “parabolic” phase is coming to digital assets markets, specifically to altcoins. The trader shares in his Telegram channel Bitcoin (BTC) chart overlayed with CRYPTOCAP, which measures the value of all assets in the crypto ecosystem excluding BTC. Criptopaul notes how in late 2020, Bitcoin reached its
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
As the cryptocurrency market gears up for the highly anticipated Bitcoin halving event, investors and traders are eagerly seeking opportunities to maximize their returns. While Bitcoin often takes center stage during such events, several altcoins have the potential to deliver significant gains amidst the halving craze. In this article, we will explore three coins that
Bitcoin (BTC) held on to losses during the Asian trading hours on Tuesday, trading at around $66,000, as traders digested resurgent Treasury yields and the possibility that the Fed might delay rate cuts until later this year. At the time of writing, ether (ETH) changed hands above $3,300, while the CoinDesk 20 (CD20) was down
US-based crypto exchange Coinbase says Q2 of 2024 will likely be a bullish period for Bitcoin (BTC) and the broader digital asset market. In a new LinkedIn post, Coinbase head of institutional research David Duong says that the previously identified headwinds for crypto are now in the rearview mirror. “Looking ahead, the setup for 2Q24