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Author: Benjamin Lee
Bit Digital shifts treasury from Bitcoin (BTC) to over 100K ETH. Dormant Ethereum wallets move millions after 10 years. ETH/BTC bull flag hints at a 35% breakout by August. Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalisation, is stepping into what many believe could be a transformative phase, marked by growing institutional alignment and renewed on-chain activity from long-dormant whales. Momentum around the asset has intensified in recent weeks, with fresh technical setups, corporate accumulation, and protocol-level proposals all converging to highlight Ethereum’s evolving position as not just a programmable blockchain but also a premier financial infrastructure layer. Dormant…
An analyst with a history of timely crypto calls believes that Bitcoin (BTC) will break out and trade in uncharted territory soon. Pseudonymous analyst Pentoshi tells his 869,100 followers on the social media platform X that he thinks Bitcoin will surge to an all-time high (ATH) price in the next few days. “Feel it in my flippers that we see BTC at ATH this week The market, especially ETH and BTC both have a lot of tailwinds so far (barring anything unexpected)… If we break out, I think we see $118,000-$120,000 pretty quick.” Source: Pentoshi/X At time of writing, Bitcoin…
Widely followed trader Michaël van de Poppe believes that new record highs are bound to happen for the crypto market. The analyst tells his 794,400 followers on the social media platform X that he’s keeping an eye on the TOTAL chart, which tracks the market cap of all digital assets excluding stablecoins. According to Van de Poppe, TOTAL is gearing up for a massive breakout after printing a series of higher lows since the start of 2024. “A constant move upwards for the entire crypto market capitalization. Matter of time until we’re breaking upwards to a new all-time high.” Source:…
SushiSwap has hinted at a massive announcement coming this week. The altcoin shows bullish signals at a crucial support barrier. Traders now target the key resistance zone at $0.79- a 30% surge. Meme coins dominated financial trends with impressive rallies on Monday as Elon Musk launched a pro-Bitcoin political party for Americans. Meanwhile, the SushiSwap team supercharged SUSHI’s rebound with a cryptic post on X, hinting at a massive reveal in the next few days. SushiSwap is a DEX that runs on multiple blockchains as an AMM (automated market maker). It enables users to swap assets and offer liquidity without…
A crypto strategist with a history of timely Bitcoin (BTC) calls believes that the digital asset market will flourish this month. Pseudonymous analyst Pentoshi tells his 868,800 followers on the social media platform X that he sees the crypto markets rallying this month amid a slew of bullish catalysts. “It’s the start of a new quarter and a new month. It’s also Jubilant July. I gotta say. I feel extremely refreshed for the first time in a long time with all the positives happening. Stablecoin legislation is moving forward. More rails are being connected with traditional finance, banks and consumers.…
A closely followed crypto analyst is revealing bullish targets for Bitcoin (BTC) while updating his outlook on a handful of prominent altcoins. In a new strategy session, crypto trader Ali Martinez tells his 139,200 followers on the social media platform X that the top crypto asset by market cap looks poised to push to the $118,000 price level – a new all-time high – if it can finish with a daily close above $109,000. “Despite the broader quarterly outlook shared in this video, the daily chart for Bitcoin. BTC looks promising. A daily close above $109,000 could open the door…
A real-world asset tokenization platform has acquired a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). In a new thread on the social media platform X, decentralized finance (DeFi) and tokenization project Ondo Finance (ONDO) says it’s acquired the broker-dealer Oasis Pro as a means of bringing regulated tokenized securities to blockchains. “On the 250th birthday of America, we are proud to announce we’re taking the next step in our mission to bring financial markets onchain. Ondo is acquiring Oasis Pro – including its SEC-registered broker-dealer, Alternative Trading System (ATS), and Transfer Agent – laying the groundwork for…
A widely followed cryptocurrency analyst is issuing an alert, warning traders that altcoins appear poised to continue declining against Bitcoin (BTC). In a new thread, crypto trader Benjamin Cowen tells his 1 million followers on the social media platform X that US monetary policy will remain tight, suggesting that altcoin pairs versus the top crypto asset by market cap are heading to their range lows. “With the economy holding strong, it delays rate cuts and likely delays the end to QT [quantitative tightening]. This suggests that monetary policy will remain restrictive, continuing to support the idea that altcoin/BTC pairs are…
The top US crypto exchange platform by trading volume is abruptly adding support for Wormhole (W), causing the native asset of the cross-chain messaging project to rally briefly. In a new announcement, Coinbase Assets says it’s adding Wormhole, an interoperability project that allows communication between blockchains, to its suite of digital asset products. “Wormhole (W) is now live on http://coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the addition sent W flying, as the crypto asset went from a low of $0.61…
A widely followed cryptocurrency analyst and trader is suddenly turning bullish on altcoins. The analyst, pseudonymously known as Bluntz, tells his 322,200 followers on social media platform X that the Bitcoin dominance (BTC.D) metric is flashing a bearish divergence, setting the stage for alts to outperform the flagship crypto asset. A bearish divergence occurs when the price is recording higher highs and higher lows while an indicator such as the Relative Strength Index (RSI) is recording lower highs. The RSI indicator is a momentum oscillator used to determine oversold or overbought conditions. “The three-day BTC dominance bear divergence ended up…