Author: Benjamin Lee

ETH targets $3,200 after breaking trendlines. SOL eyes $230 range with bullish setup. DOGE rises past $0.18 as retail interest grows. A major shift is unfolding in the cryptocurrency market as Bitcoin edges closer to the $100,000 psychological mark, prompting renewed attention towards altcoins. With Bitcoin dominance starting to decline, market participants are observing a wave of bullish technical signals across major altcoins. Coins like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and NEAR Protocol (NEAR) are leading what analysts believe may be the early stages of an extended altcoin breakout cycle. The shift comes after months of sideways movement in…

SUI price gains as token continues upside with monthly gains of over 85% The altcoin is rising as the overall crypto market bounces amid gains for Bitcoin. Crypto analyst Captain Faibik shared a SUI price prediction suggesting a surge to $4.25. Sui price is up 12% in the past week, with the altcoin rising as Bitcoin spikes to near $100k. With equities also on the up after US President Donald Trump announced a trade deal with the United Kingdom, BTC looks poised for further gains. A leg up for the altcoin market amid this scenario could tie into Sui’s latest…

Coinbase, the largest crypto exchange in the US, has announced the possibility of listing a gold-pegged stablecoin. In a new post on the social media platform X, Coinbase says it’s added PAX Gold (PAXG) to its listing roadmap. A placement on Coinbase’s roadmap doesn’t guarantee a future listing, but it announces the potential for it to be listed in order to promote transparency and prevent possible insider trading. PAX Gold is an Ethereum (ETH)-based token backed by physical gold and issued by blockchain infrastructure platform Paxos. Says the project, “PAXG offers investors a cost-effective way to own investment-grade physical gold…

US Treasury Secretary Scott Bessent says digital assets may create a $2 trillion demand for US Treasuries in the coming years. In an appearance before a Congressional House Committee Tuesday morning focused on the international financial system, Bessent says the US should take a global leadership role on digital assets. “We believe that the United States should be the premier destination for digital assets, and, as members of this committee and the Senate are attempting to do, create good market structure around that so that US best practices are used around the world.” He also says that the crypto market…

BitMEX founder Arthur Hayes says that the crypto market may be gearing up for a 2022-style breakout amid fear, uncertainty and doubt (FUD). In a new interview with the host of the Crypto Banter YouTube channel Ran Neuner, Hayes says central banks will likely boost money printing to address worsening macroeconomic conditions that could push Bitcoin (BTC) and other crypto assets to much higher valuations. “I think that the setup is just perfect for a rally in risk assets, just like we saw from the third quarter of 2022 until early 2025. There’s a similar setup today. We have a…

The world’s top crypto exchange by trading volume is listing two new decentralized finance (DeFi) altcoins. According to a new announcement, Binance is listing Maple Finance (SYRUP) and Kamino Finance (KMNO) with a seed tag applied. “Binance will list Maple Finance (SYRUP) and Kamino Finance (KMNO) and open trading for the following spot trading pairs at 2025-05-06 15:00 (UTC). New Spot Trading Pairs: SYRUP/USDT, SYRUP/USDC, KMNO/USDT, and KMNO/USDC.” Binance’s seed tag is a classification for cryptocurrencies that are in their early development stages and may not yet have a fully established product or user base. Said tokens tend to be…

Loopring (LRC) has surged more than 14% in the past 24 hours. The native token of the Ethereum-based layer-2 scaling solution has also seen a massive jump in daily trading volume. If bulls hold onto gains, LRC price could target highs of $0.44 in the short term. Loopring (LRC), the native token of the Ethereum-based layer-2 scaling solution, has surged by 14% in the past 24 hours, accompanied by a notable spike in trading volume. According to data from CoinMarketCap, the price of LRC now hovers around $0.1058, suggesting fresh interest in the decentralized finance (DeFi) protocol. LRC’s rally, which…

A closely followed crypto analyst says that Bitcoin may have one last breakout rally before altcoins start to outperform BTC. The pseudonymous analyst known as Rekt Capital tells his 546,300 followers on the social media platform X that the Bitcoin dominance (BTC.D) metric may soon peak, opening the doors for altcoins to ignite explosive moves to the upside. BTC.D calculates how much of the crypto market cap belongs to BTC. A peaking Bitcoin dominance chart suggests that altcoins are close to outshining BTC. “Bitcoin dominance has one final leg left in its macro uptrend on the road to 71% (red).…

The gambling mentality is becoming the dominant mindset among crypto traders amid a surge in memecoin discussions, according to analytics firm Santiment. In a new report, Santiment says that memecoin mindshare is making a comeback despite the recent high-profile collapses of several assets in the sector. Santiment says that the rise in memecoin-centered discussions on social media suggests an increase in speculation and short-term investing mentality. “Memecoins, in particular, are once again gaining considerable attention. Online discussions about these high-risk tokens have proliferated as traders embrace a ‘gamble’ mindset, rather than a calculated investment approach. Notice how social volume has…

Crypto asset manager CoinShares says institutional digital asset investors have poured $5.5 billion into crypto over the past three weeks. According to its latest Digital Asset Flows Weekly report, CoinShares says that crypto products enjoyed inflows of $2 billion last week alone. “Digital asset investment products recorded a third consecutive week of inflows, totaling US$2bn last week. This brings total inflows over the past three weeks to US$5.5bn, marking a dramatic shift in sentiment following nine weeks of significant outflows. Total inflows year-to-date (YTD) now total US$5.6bn while recent price moves have seen total assets under management (AuM) rise to…