Author: Benjamin Lee
A widely followed crypto analyst says that one Dogecoin (DOGE) competitor may be on the verge of an explosive breakout. In a new strategy session, pseudonymous crypto trader Bluntz tells his 325,400 followers on the social media platform X that the dog-themed meme asset Floki (FLOKI) is printing a bullish triangle pattern. Bluntz is a practitioner of Elliott Wave theory, which aims to predict price movements in series of waves that are based on crowd psychology. He says that Floki may have completed an ABCDE triangle, foreshadowing a strong rally once the pattern is complete. “Five days of sideways for…
The sixth-largest bank in the US just announced a strategic partnership with Coinbase in a push to massively expand digital asset access for banking clients and institutional investors. PNC says it will allow customers to buy, hold and sell Bitcoin and crypto assets while also providing banking and treasury management services for Coinbase. PNC CEO Bill Demchak tells CNBC the partnership will support clients who use stablecoins for payments, empowering digital money movement across retail, wealth and corporate clients. “We’re not going to produce a stablecoin per se, certainly not in our own name, but we’ll be a wallet, a…
Ethereum price is at $3,640 amid some profit-taking deals. Despite some whales selling, institutional interest remains high and demand is absorbing the dump. Analysts say the ETH bull market remains intact. Ethereum has retreated slightly from its highs of $3,856 as it dips nearly 4% in the past 24 hours amid some profit-taking moves. But while the top altcoin changes hands at $3,640 at the time of writing, analysts maintain Ethereum is on a bullish course and that ETH still has room to explode. ETH sees strategic profit taking The $4,000 mark remains elusive for Ethereum in 2025, with the…
The XRP price is near its all-time high as altcoins see gains. XRP Ledger’s tokenized RWA grew 2,260% in six months, from $5 million to over $118 million. Other metrics and broader market developments add to the bullish outlook for XRP. Ripple’s XRP trades around $3.50 as it continues to hover near its all-time high, with price up 21% in the past week and over 66% in the past month. While the overall cryptocurrency bullish sentiment has helped, key network and ecosystem catalysts are emerging, including the XRP Ledger witnessing staggering growth in tokenized real-world assets (RWAs) over the past…
Venture capitalists are forming a new firm based on accumulating stablecoin-focused crypto project Ethena (ENA). Special purpose acquisition company TLGY Acquisition, announced early on Monday that it had entered into an agreement for a business combination with StablecoinX Assets. The two companies agreed to a roughly $360 million private investment in public equity (PIPE), including a $60 million investment from the Ethena Foundation itself, plus contributions from other high-profile investors in the space like Pantera Capital, Galaxy Digital, Wintermute and more. According to the press release, the VCs believe in “large-scale ENA accumulation” in order to provide shareholders exposure to…
Solana price is above $190, with intraday highs of $192 as bulls target the psychological $200 level. Analysts say SOL could explode above the $190 level amid current altcoin gains. Institutional interest in Solana continues amid investment product inflows. Solana (SOL) is trading above $190 on Monday, breaking higher to hit its highest level since February. This comes as SOL gained over 14% this past week and by more than 34% in the past month, buoyed by a rally for altcoins after the GENIUS Act became law. With on-chain activity and technical indicators bullish, analysts say a breakout above $190…
KAS price is up 10% in 24 hours as Kaspa mirrors other altcoins’ gains. The cryptocurrency is also surging after seeing a double-bottom bounce with support near $0.05. Bulls could breach resistance around $0.12 and target the $0.18-$0.20 supply zone. The Kaspa price has surged by 10% in the past 24 hours, reaching an intraday high of $0.105. Notably, this has added to weekly gains of over 18% as Kaspa rides the bullish momentum, with top cryptocurrencies Ethereum, XRP, and Solana seeing notable gains. BNB price has jumped to near its all-time high and could eye $1,000. As these top…
An economist known for calling a blow-off top for the markets predicts that the total crypto market cap will skyrocket over 250% from current levels. Henrik Zeberg tells his 186,700 followers on the social media platform X that he’s keeping a close watch on the TOTAL chart, which tracks the total market cap of crypto, excluding stablecoins. The economist predicts that TOTAL will soar to $12.95 trillion in a wave five rally, supported by rising momentum as indicated by the relative strength index (RSI) and the relative vigor index (RVGI). His chart also notes that the moving average convergence divergence…
Analyst and trader Michaël van de Poppe is warning that the top two crypto assets by market cap may have deeper corrections as markets trade lower with new US data showing a rise in inflation. Van de Poppe tells his 795,100 followers on the social media platform X that after Bitcoin (BTC) printed new all-time highs and Ethereum (ETH) surged into the $3,000 range, the digital assets will likely start trending lower based on historical precedent. “Classic move on the markets here. Likely we’re going to be seeing some more downside on Bitcoin and Ethereum to squeeze out the longs.…
The top US-based crypto exchange by trading volume is helping pump up a popular Solana (SOL)-based memecoin platform with its latest listing. According to a new announcement from Coinbase, pump.fun (PUMP) is the latest altcoin to be added to the exchange’s suite of digital assets. “Pump.fun (PUMP) is now live on Coinbase.com and in the Coinbase iOS and Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” Pump.fun has gained popularity as a platform that allows users to create and trade original memecoins without the burden of coding.…