A widely followed crypto analyst says one worrisome metric is suggesting that Bitcoin’s (BTC) current rally is unsustainable. In a new video update, crypto strategist Jason Pizzino tells his 310,000 YouTube subscribers that people’s interest in the flagship digital asset may be fading as evidenced by waning Google searches for the term “Bitcoin.” According to …
Monthly archives: February 2024
Impending Elections and Mass Stimulus To Be Very Positive for Crypto, Says Real Vision Founder Raoul Pal
Former Goldman Sachs executive Raoul Pal is detailing what he believes will be two positive catalysts for crypto assets in 2024. In a new interview on the Wealthion YouTube channel, the macro guru and Real Vision CEO tells SkyBridge Capital founder Anthony Scaramucci that upcoming stimulus packages in the US and around the world will …
Altcoins Flashing Bearish Signal Amid Broad Crypto Market Rally, Warns Analytics Firm Santiment
A prominent crypto analytics firm is warning that the digital asset markets may be on the verge of witnessing a corrective move. Santiment says on the social media platform X that interest in altcoins has increased in the past few days amid a marketwide rally. According to the analytics firm, mentions of the terms “alt,” …
Top Analyst Unveils Massive Bitcoin Price Target by End of 2025, Says BTC Chart Looks Beautiful
A closely followed crypto strategist who nailed the end of Bitcoin’s 2021 bull market believes that BTC will print nearly 4x gains before 2025 expires. Pseudonymous analyst Pentoshi tells his 753,000 followers on the social media platform X that Bitcoin’s three-day chart looks “beautiful.” According to the crypto strategist, it is within the realm of …
JPMorgan Chase Customer’s Life Savings ‘Washed Away’ by Scammer – Why Apple Is Abruptly Deleting Apps in Response
The loss of a JPMorgan Chase customer’s life savings has sent Apple scrambling to remove a group of apps from the App Store. Chase customer Avalon Grimes says her account was drained after she received a call that appeared to be from the bank, reports CBS New York. The phone number on her caller ID …
Low-Cap Altcoin Surges More Than 40% in 24 Hours Amid Efforts To Pivot to a Privacy-Centric Ethereum Layer-2
A small-cap altcoin is surging 40% as it upgrades to a privacy-focused Ethereum (ETH) layer-2 (L2) blockchain. In a recent article, the development team behind the decentralized payments platform Coti (COTI) says that it has successfully upgraded the project to become a privacy-centric layer-2 (L2) for the second-largest digital asset by market cap. “Upgrading COTI …
Crypto Analyst Says Bitcoin At $100,000 Not Far Off, Here’s When
Kevin Svenson, a crypto analyst on YouTube, recently provided an analysis of the future price trajectory of Bitcoin, predicting a strong surge to $100,000 this year. According to the analyst, BTC is poised to go parabolic after its halving in April as the crypto is looking very bullish on the weekly chart. The halving cuts …
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BONK Stays Alive In Top 100 List With 25% Single-Day Rally – Details
In a surprising turn of events, BONK, the self-proclaimed third biggest Doge-inspired meme coin, has roared back to life, notching an impressive 25% surge in the past 24 hours. This dramatic price jump catapulted BONK back into the coveted top 100 cryptocurrency rankings, reigniting hope among its investors and sparking curiosity within the wider crypto …
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AVAX Price Closes In On $40 With Latest 10% Surge
The Avalanche token has been in a positive form recently, with the AVAX price turning in a good performance over the past week. This latest price boost makes a run to the $40 level more or less inevitable for the altcoin. However, investors are curious to see how long this rally will last, especially with …
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What Is Monero (XMR) Network?
What Is Monero (XMR)? Monero (XMR) is one of the leading cryptocurrencies focused on privacy, zero knowledge, and censorship-resistant transactions. The Monero network operates on a proof-of-work (PoW) consensus mechanism, like Bitcoin and various other cryptocurrencies. This system incentivizes miners to contribute blocks to the blockchain. Monero’s PoW algorithm is designed to resist specialized mining …
Cardano Bulls Come Out To Play: Buy Orders Dominate As ADA Price Soars
Cardano is currently riding on the back of a modest 3.76% gain in the past seven days with the cryptocurrency on its way to the $0.55 level which will define its short-term price trajectory. On-chain data shows that the bulls are working hard in the background to push the crypto toward this price point, as …
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US State Holding $2,700,000,000 in ‘Free Money’ That’s Ready to be Claimed: Report
Billions of dollars in unclaimed assets are now being held across the US, and one state is pushing to let people know about it. Florida Chief Financial Officer Jimmy Patronis says the state is now holding a staggering $2.7 billion on behalf of its residents, reports the ABC-affiliated news station WFTV. “The state defines ‘unclaimed …
More Than $1,000,000,000 in Ethereum Flows out of Centralized Exchanges This Week: IntoTheBlock
Ethereum (ETH) flew off centralized exchanges this week, potentially reducing selling pressure on the ETH market, according to the crypto analytics firm IntoTheBlock. In a new analysis, Lucas Outumuro, IntoTheBlock’s head of research, tracked Ethereum’s netflows, which measure the ETH moving in and out of centralized crypto exchanges by subtracting the amount of ETH’s withdrawals …
Billion-Dollar Bank Charges Massive Overdraft Fee After $10,000 Vanishes From Veteran’s Account in Mysterious Hack: Report
A bank that built its business working with members of the military, veterans and their families reportedly rejected a customer’s plea for help after thousands of dollars disappeared in a mysterious hack. Air Force veteran Cruzita Barron says a thief hacked into her United Services Automobile Association (USAA) account and stole a total of $10,000 …
Number of Non-Fungible Token Mints on the XRP Ledger Surged by More Than 400% in 2023 Q4, According to Ripple
Non-fungible token (NFT) activity is exploding on the XRP Ledger (XRPL), according to a recent update from Ripple. In a new quarterly report, Ripple notes that more than half of all the NFTs ever minted on the XRPL since the release of the XLS-20 standard in 2022 happened in the fourth quarter of 2023. The …