Posts

Crypto Analyst Predicts Low-Cap Altcoin Will Hit New All-Time High Soon, Updates Outlook on Solana and Fetch.ai

Image
A widely followed crypto analyst and trader is turning bullish on one privacy-focused low-cap altcoin project. The analyst pseudonymously known as Altcoin Sherpa tells his 206,200 followers on the social media platform X that crypto project Manta Network (MANTA) may be in an uptrend after flipping a key resistance level at $2.77 into support. “MANTA: all-time high soon. New launched coins + narrative = strong candidates to actually be ok in this current market environment.” Source: Altcoin Sherpa/X MANTA is trading for $2.97 at time of writing, down more than 8% in the last 24 hours. Next up, the trader predicts Ethereum (ETH) competitor Solana (SOL) may retest lower Fibonacci retracement levels before rallying again. “SOL: I think that DCAing (dollar cost averaging) in at the .382 ($84.67) and .50 ($71.81) are both good options for long-term holds for Solana. Not expecting things to ramp up quite yet but just be patient.” Source: Altcoin Sherpa/X ...

Bitcoin Price Prediction – Can It Hold $40,000 After FTX Sold $1B in Grayscale’s Bitcoin ETF? Or Is Bitcoin’s Bull Run Over?

Image
This week, Bitcoin witnessed a substantial drop to $40,000 from its record high of $49,000, driven by concerns related to Mt. Gox and FTX, causing uncertainty about its future direction. The surge, fueled by the news of CNA featuring acceptance and the participation of major players like BlackRock, but some analysts predict Bitcoin could retrace to as low as $31,000. Bitcoin price analysis and price prediction Bitcoin’s price is undergoing a retreat following a robust rejection from the psychological level of $49,000. Despite facing challenges, Bitcoin has successfully regained the psychological level of $40,000 after reaching a low point of $38,500. Bitcoin holders find themselves in uncertain territory until the price breaks and conclusively stays above the support at $40,700 on the three-day timeframe. Upon examining the technical indicators, it becomes apparent that Bitcoin has surpassed a critical resistance level. The stochastic RSI signals an overbought condition, rea...

Is It Time to Buy the Bitcoin and Altcoin Dip? Analyst Gives His Take

Image
The analyst encouraged participants to buy the Bitcoin and altcoin dip. BTC’s dominance dropped, suggesting a potential altcoin rally. Bitcoin might keep trading sideways as bulls and bears stay on the sidelines. Crypto analyst Michaël van de Poppe posted that the wider altcoin correction could be an opportunity to load up on the dips. van de Poppe said this in a post on January 24. According to him, the negative sentiment currently experienced in the market should not be seen as a sign of losing faith. Instead, he opined that it could be the best time to accumulate before the next rally. #Altcoins going into a 30-50% correction. People start to lose faith after the approval of the Bitcoin ETF. Negative news is getting into the spotlight. Time to load on the positions. This is a great, and possibly final dip, to get yourself in. — Michaël van de Poppe (@CryptoMichNL) January 24, 2024 The analyst also talked about Bitcoin (BTC) in another post. ...

How this crypto trader turned $3k to $650k in 19 hours

Image
Speculating on low-liquidity cryptocurrencies is risky but sometimes rewarding. A crypto trader recently beat the risk of ruin, turning $3,000 to more than $651,000 in 19 hours. Lookonchain reported this successful trading story on X (formerly Twitter) on January 25 at 06:25 am (UTC). At that time, the trader held 314.9 trillion SNOW worth around $535,000. Notably, the address ‘0xf8a…F8683’ started with a purchase of 386.94 trillion SNOW for 1.31 ETH, worth $2,931. First, he sold 72 trillion tokens for 53.4 ETH, worth $119,000. Thus, realizing a profit of 52.09 ETH ($116,000). In just 19 hours , this trade r made $651K with less than $3K on $SNOW, a gain of 220x! He spent 1.31 $ETH($2,931) to buy 386.94T $SNOW(43.5% of the total supply) and sold 72T $SNOW for 53.4 $ETH($119K), realizing a profit of 52.09 $ETH($116K). He currently holds 314.9T… pic.twitter.com/hh8ORItZFB — Lookonchain (@lookonchain) January 25, 2024 Since then, the trade r has sold more SNOW while adding li...

Dogecoin Mystery: 103.2 Million DOGE Sent to Robinhood

The cryptocurrency community was captivated by a revelation from the prominent tracking platform, Whale Alert. Recently, the platform unveiled a notable transfer of Dogecoin totaling 103,293,021 DOGE. This transaction of considerable magnitude was orchestrated by an elusive cryptocurrency whale. This substantial movement of funds was directed towards the popular brokerage platform, Robinhood . It raises speculation about the potential motives behind the transfer—whether it be strategic portfolio adjustments or a prelude to a significant cryptocurrency sale. Adding to the intrigue, this sizable transaction coincided with a noteworthy 5% surge in the price of Dogecoin over 24 hours. This sparks heightened interest and scrutiny within the cryptocurrency community. The Whale’s Transaction As per an announcement from Whale Alert, the enigmatic cryptocurrency whale executed the transfer of 103,293,021 DOGE to Robinhood approximately 15 hours ago. Additional information r...

Meme Ai Price Prediction: Elon Musk-Inspired MEMEAI Pumps 10% As Whales Move On This New GameFi ICO

Image
The Meme Ai price pumped 10% in the last 24 hours, reaching $0.0023 as of 6 AM EST on trading volume that skyrocketed 1,900% to $3.28 million. The token, inspired by an Elon Musk tweet on the impact of memes, has been on a rollercoaster ride since launch less than two weeks ago. Meme Ai Price Prognosis MEMEAI price saw some relatively strong volatility in the last 24 hours, but despite this, it appears that the market’s overall bullish sentiment is pulling the token’s price back up. This is also confirmed by several technical indicators which suggest that MEMEAI could soon break the resistance at $0.0024 and make a new daily high. One of the indicators suggesting that the price will continue to go up is the token’s Relative Strength Index (RSI) score, which shows the level of 50.87. This shows that the price is currently in the neutral zone, although the fact is that this value represents a major increase of the RSI level, which sat at 35.24 only a few hours ago....

Solana Price Prediction: SOL Drops 2% As Traders Turn To This New Green Crypto Presale For 10X Potential Gains

Image
The Solana price dropped more than 2% over the past 24 hours to trade at $83.88 as of 11:40 pm EST.  The Solana Price Briefly Falls Below Support 4-hour chart for SOL/USDT (Source: TradingView ) The Solana price briefly dipped below the $82.35 support level over the past 24 hours, but managed to recover back above the significant price point. There is still some sell pressure present on SOL’s charts, however, as evident by the wicks present above today’s candles. If bulls are unable to fend off the sell pressure, the Solana price could drop below the $82.35 again within the next 24 hours. This could then put the altcoin at risk of plummeting towards the subsequent support at $70 in the following few days. On the other hand, this bearish thesis may be invalidated if the Solana price remains above the $82.35 mark for the next 24 hours. In this alternative scenario, SOL may attempt to flip the $90 barrier into support as well. A 4-hour candle close above this level...

Apple Delays Release of Electric Car to 2028

Apple has been developing a self-driving car since 2015, and after multiple production delays, the now-electric car’s release has been pushed back to 2028. The car was previously targeting a release as soon as 2026, but according to reports, 2028 will be the earliest we see the Apple Electric Car (EV) on the roads. JUST IN: Apple plans to launch self-driving electric car in 2028, Bloomberg reports. — Watcher.Guru (@WatcherGuru) January 23, 2024 Also Read: Launchpad XYZ Presale Set to Close After Raising $2.75 Million  According to those familiar with the Apple Car project, after previously envisioning a driverless car, the company is now working on an electric vehicle with more limited Features . After nearly a decade of rumors about a new Tesla self-driving competitor, Apple seems to have hit a wall. Instead of delaying the self-driving vehicle even further than 2028, the company will opt for an EV. Apple has yet to comment on the latest repor...

BRICS: U.S. Having Less Friends As Developing Countries Unite

Image
A handful of countries along with BRICS are seething rage against the U.S. for its foreign policy that inadvertently affects their native currencies and economies. The policies that were unfavorable to their countries led them to hatch a plot to dethrone the U.S. dollar. The majority of developing countries had a similar mindset to uproot the U.S. dollar and end its hegemony. So what gave their ideas a set of wings and a hope that the U.S. dollar could be brought down? The answer is BRICS . Also Read: Saudi Arabia To Decline BRICS Membership? Yes, BRICS acted as a thread that linked their de-dollarization ideas to the sewing machine to make a perfectly knitted sweater. The BRICS members China and Russia made use of the opportunity by going on a world tour to developing countries convincing them to ditch the U.S. dollar and trade in local currencies. China and Russia are successful in their quest as many countries have agreed to reduce dependency on the U.S. dollar. Read her...

Jim Cramer Expresses Concerns Over Bitcoin’s Future Amidst the ETF Debut

Jim Cramer’s recent tweets express caution towards Bitcoin (BTC). Cramer doubts BTC’s ability to regain stability. Economist Peter Schiff notes that all new Bitcoin ETFs are in a bear market. In recent tweets, CNBC host Jim Cramer has ex press ed a cautious stance on Bitcoin (BTC). Cramer described it as a “tough own” and cast doubt on BTC’s ability to regain stability. Bitcoin=tough own — Jim Cramer (@jimcramer) January 22, 2024 Cramer shared a cautious view on Bitcoin just as spot ETFs were introduced to the market. The timing seems odd because these ETFs came around and triggered a drop in the price of BTC. The debut of Bitcoin ETFs, which was predicted to cause a surge in the BTC price, has coincided with a decline in Bitcoin’s market value. This decline has prompted a reevaluation of earlier bullish forecasts for Bitcoin’s future, with Cramer’s recent Analysis aligning with this shift in sen...

MrBeast Says His First Video on X Made Over $250,000

One of the most prominent YouTubers on the planet, MrBeast, has said that his first video posted to X (formerly Twitter) earned him more than $250,000. Indeed the content creator made headlines when he announced that he would upload his first video on the social media platform. Moreover, he promised to share the details regarding revenue. Subsequently, MrBeast has made good on that promise while giving some context to the revenue figures that were produced. Specifically, the YouTuber theorized that the video’s revenue is a “bit of a facade” due to advertiser involvement. Ultimately, that involvement increased the revenue per view. MY FIRST X VIDEO MADE OVER $250,000! 😲 But it’s a bit of a facade. Advertisers saw the attention it was getting and bought ads on my video (I think) and thus my revenue per view is prob higher than what you’d experience pic. Twitter .com/nViVpZbWBb — MrBeast (@MrBeast) January 22, 2024 Also Read: MrBea...

3AC founder Su Zhu says prison 'good for you' after four-month stay

Promotional clips of an unreleased podcast with Three Arrows Capital (3AC) founders Su Zhu and Kyle Davies have been shared online, wherein the duo spoke fondly of prison life, the dominance of incel rhetoric, and the ‘goofiness’ of Andrew Tate’s earlier videos. Zhu went to prison for four months in Singapore for attempting to flee the country in violation of a court order. His short stay had a lasting impact, according to clips from the podcast. “I think that it’s an enjoyable experience overall,” Zhu said. “Like, I would say, not to the point of like, highly recommending it per se, but I would say that it’s something that if everyone got to experience once, I think it’s definitely good for you. “ The 3AC founder elaborated on his point, stating that medieval forms of fun are afforded to you in prison. “All the things they allow you to do still in prison are the things that, like, in the ancient days, like, would sti...

Trezor Suffers Security Breach; Says Over 66,000 Accounts Affected

Trezor suffers a security breach on its customer support platform.  The illicit actor got access to the personal data of 66,000 customers.  Trezor said all affected customers have been contacted since the exploit. Hardware wallet provider Trezor on Saturday announced it was investigating a security breach on its third-party support ticketing portal. Trezor said the breach occurred in the late hours of January 17th.  According to that blog post, the firm explained that an illicit actor gained access to some of its customers’ data. In particular, the information of its customers who have interacted with the Trezor Support page since December 2021. The report places the number of possibly affected customers at up to 66,0000. Already, Trezor said it has sent an email to all the affected accounts to alert them of the breach. Furthermore, Trezor stated an internal audit revealed that access to the contact base was limited to email and name/n...

Cardano could skyrocket to $7 if this pattern plays out

Image
Cardano’s (ADA) DeFi ecosystem finally surged in 2023 after years of developments, promises, and awaiting. This growth fueled the demand for its native token ADA, renewing investors’ confidence and forecasts. Much of Cardano’s past price action was mostly speculative in future deliveries that started happening recently. Notably, the speculative nature was enough for a bull run to $3.00 in 2021, following a consolidation range breakout. With the fresh demand, ADA could be on its road to reaching $7 per token soon. According to the renowned cryptocurrency trader Ali Martinez, ADA surged nearly 3,000% from the 2020 breakout to all-time highs. The trader’s account @ali_charts shared this Analysis on X (formerly Twitter) on January 19. Moreover, Martinez sees a possible repetition of this pattern as Cardano threatens to break out of a consolidation range again. In this context, ADA could reach $7.00 by 2024-2025 if the token’s further price action mirrors the previous perf...

AllianceBlock is transitioning to Nexera Finance

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AllianceBlock has announced that it will be transition ing to Nexera Finance, a natural progression for the company, which has been actively developing tokenized finance.  The NXRA token, which has a market cap of over $115 million, has created real value for its holders. You might also like: AllianceBlock’s NexeraID joins W3C to enhance security Aside from growth, the platform’s founders have clarified that they want Nexera to be a part of the growing tokenized asset economy.   With the global wealth estimated to be over $500 Trillion by 2030 and 10% of that wealth expected to be tokenized, Nexera aims to take a pivotal role in working with various organizations by providing the necessary infrastructure, tools, and strategy to tokenize their assets and create additional utility.   By focusing on real-...