Author: Benjamin Lee
A widely followed crypto analyst says that Bitcoin (BTC) is on the brink of a move to the upside. In a new thread, crypto trader Michaël van de Poppe tells his 763,900 followers on the social media platform X that even though the crypto king looks like it’s on the cusp of an impulsive move, it will likely still be outpaced by altcoins in the Ethereum (ETH) ecosystem. “Very likely we’ll see a new impulse on Bitcoin in the coming period. However, I think it’s more likely that we’ll see altcoins outperform Bitcoin, especially the ETH ecosystem. Lower yields, weaker…
OKB token surged more than 20% to hit highs of $61.29 on Jan. 17. The altcoin, native to the OKX exchange, rose as the community reacted to news around Azuki’s Animecoin (ANIME). OKB registered a price surge 20% higher. The price surge follows OKX adopting OKB as the primary token for mining Animecoin which is their maiden project aimed at revolutionizing the Anime industry. On Friday Jan 17, the price of OKB, the native token of the OKX ecosystem rose by 20% posting a high of $58.86. This came after the crypto platform chose it as the primary token for…
Blockchain tracking firm Lookonchain says one savvy crypto trader generated astronomical returns on an artificial intelligence (AI) related digital asset in less than three months. According to Lookonchain, an anonymous trader pulled in massive profits after buying 8.5 million utility tokens for aixbt by Virtuals (AIXBT), a crypto market intelligence platform built by the AI agent project Virtuals Protocol. Says Lookinchain, “[Trader] spent $166,000 to buy 8.5 million AIXBT ($7.7 million), with an unrealized profit of $7.5 million.” AIXBT is trading for $0.841 at time of writing, up 35x since November 3rd. The trader is also looking at massive profits…
Crypto analytics firm Santiment says one metric is suddenly flashing bullish for altcoins as Bitcoin (BTC) reclaims $100,000. Santiment says that multiple altcoin projects are seeing a massive increase in whale transactions, including the stablecoin Dai (DAI), issued by Maker. According to Santiment, the increased buying of DAI is a bullish signal, indicating that investors are probably going to soon use the stablecoins to accumulate altcoins. “For stablecoins, increased activity is typically a good sign that large levels of funds are being prepared to be swapped for altcoins that are common with that stablecoin’s trading pair. For example, Dai (shown…
Cryptocurrency trader and analyst Ali Martinez is predicting a triple-digit rally for XRP as he offers his insight on two other altcoins. Martinez tells his 113,700 followers on the social media platform X that XRP could skyrocket by 200% from the current level. Citing on-chain data, the trader says that the third-largest crypto asset by market cap is currently experiencing heavy demand. “On-chain data reveals that whales have been heavily accumulating XRP. In the last week alone, they’ve purchased over 1.10 billion XRP. This buying pressure is building momentum. XRP has broken out of a bull pennant, a classic bullish…
A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern. A bull pennant pattern is a continuation pattern where a period of consolidation is often followed by a breakout. “XRP has one of the most bullish setups in crypto right now after the recent retest of the breakout zone!” Source: Ali Martinez/X He also says XRP may soar to…
A widely followed crypto analyst says one under-the-radar altcoin is about to break out while updating his outlook on the top two digital assets by market cap. In a new strategy session, crypto trader Michaël van de Poppe tells his 763,900 followers on the social media platform X that Clearpool Protocol (CPOOL), a decentralized marketplace where institutions can obtain loans, is on the cusp of a new upward trend. “What a bounce on CPOOL. 70% from the lows. I think it’s in for a new leg upwards. They’ve been classified as ‘most innovative real-world asset (RWA) [protocol]’ in CoinMarketCap’s 2024-2025…
An Ethereum (ETH)-competitor is printing gains after receiving support from the world’s largest crypto exchange by volume. In a new announcement, Binance says it will be adding support for Sonic (S), formerly known as Fantom (FTM), to many of its programs. “Binance is excited to announce that Sonic will be added to Binance Simple Earn, ‘Buy Crypto,’ Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures.” News of the addition helped push Sonic’s price up, as the digital asset went from a weekly low of $0.68 on January 13th to a peak of $0.835 on January 15th, a gain of…
A memecoin named after Coinbase co-founder Brian Armstrong’s cat is surging after the top US crypto exchange added the digital asset to its listing roadmap. Toshi (TOSHI), a memecoin built on the Ethereum (ETH) layer-2 scaling solution Base, soared by triple percentage points as Coinbase made the announcement. A day before the listing, TOSHI hit a low of $0.00001161 and then surged to a high of $0.0003679 after the news, a 216% gain. The memecoin has since retraced. TOSHI is trading for $0.0002953 at time of writing. With a market cap of $126.5 million, TOSHI is the 507th largest crypto…
A widely followed cryptocurrency analyst and trader is leaning bullish on a large-cap Ethereum (ETH) competitor. The analyst pseudonymously known as Sherpa tells his 239,200 followers on the social media platform X that Solana (SOL) has more upside potential, even as the Ethereum challenger sits around 30% below the all-time high of about $263 reached in November of 2024. “SOL pretty neutral chart overall in the short term but I still think SOL is going to go much higher later. To be determined if it’s going to outperform Bitcoin and Ethereum over long stretches like it has but it’s still…