A veteran trader known for calling the collapse of 2022 is predicting big fakeout dips for Bitcoin (BTC) and two top altcoins before fresh explosive rallies. Posting in his Telegram channel, pseudonymous crypto analyst Capo tells his audience that Bitcoin may plummet to around $81,450, a 14% decline from its current value. However, he suggests
Stablecoins could serve as a boon for US dollar adoption, according to the Atlantic Council, a nonpartisan think tank. Barbara C. Matthews and Hung Tran, senior fellows at the Council’s Geoeconomics Center, note in a new analysis that the $227 billion stablecoin market is “tiny” compared to the $6.22 trillion US capital markets and the
One of the co-founders of the controversial memecoin LIBRA says the project itself “sniped” the token right after it rolled out. In crypto trading, sniping refers to the practice of using trading bots or scripts to buy a newly launched coin ahead of big transactions or the entry of retail traders. Snipers get their edge
International digital asset management firm CoinShares says institutional crypto investors have finally ended their post-US election 19-week crypto buying spree. According to Coinshares, institutional whales pulled over $415 million out of crypto products last week after nearly 20 weeks of inflows. “Digital asset investment products saw their first significant outflows, totaling $415m, following an unprecedented 19-week
Macro guru and Real Vision chief executive Raoul Pal says that Bitcoin (BTC) and other top altcoins are all looking strong despite choppiness in crypto markets. In a new thread on the social media platform X, the ex-Goldman Sachs executive says that Bitcoin, Ethereum (ETH), Solana (SOL) and Sui (SUI) are printing bullish patterns on
The chief executive of USDT stablecoin issuer Tether is reportedly working with US authorities to construct laws around dollar-pegged crypto assets. In a new post on the social media platform X, Fox Business journalist Eleanor Terrett reports that Paolo Ardoino and Tether are “actively engaging” with the US government on how to best form laws
An analyst who has earned the “Master Trader” rank on the crypto exchange Bybit believes two top memecoins are setting the stage for breakout rallies. Pseudonymous analyst Bluntz tells his 316,100 followers on the social media platform X that memecoin Floki (FLOKI) appears to be flashing bullish reversal signals on the daily and four-hour charts.
One mid-cap layer-1 altcoin recently saw a boost in whale activity, according to the crypto analytics firm Santiment. Santiment tracks the number of altcoin transactions worth more than $100,000, which it considers “whale transactions.” The firm subsequently identifies which altcoins clock the biggest percent changes in whale transactions week over week. This week, Fasttoken (FTN)
A crypto strategist known for accurately calling the 2021 digital asset cycle top says the real-world asset (RWA) sector is showing a lot of market strength. The analyst pseudonymously known as Pentoshi tells his 854,800 followers on the social media platform X that Chintai (CHEX), Ondo Finance (ONDO) and Clearpool (CPOOL) are three RWA altcoins
A widely followed analyst and trader is leaning bullish on one large-cap altcoin while updating his outlook on two other crypto assets. The analyst and trader pseudonymously known as DonAlt tells his 649,700 followers on the social media platform X that Litecoin (LTC) has “one of the best-looking crypto charts right now.” Based on DonAlt’s