Author: Benjamin Lee
A widely followed crypto analyst says one stablecoin metric will likely indicate when Bitcoin (BTC) and other digital assets will enter a downtrend. In a new video update, crypto strategist Jason Pizzino tells his 351,000 YouTube subscribers that the price of Bitcoin and other crypto assets could be negatively impacted if the USDT dominance (USDT.D) chart does not soon dip below the 3.7% support level. A bullish USDT dominance, the ratio of USDT’s market cap relative to the rest of the crypto assets, is generally considered bearish for Bitcoin and other cryptocurrencies as it indicates traders are unloading their crypto…
An under-the-radar Nasdaq-listed company is reportedly raising hundreds of millions of dollars to acquire crypto assets, including Official Trump (TRUMP), the President’s own meme token. According to a new report from The Wall Street Journal, GD Culture Group – a New York-based artificial-intelligence (AI) software firm with a market value of about $26 million – has raised $300 million to purchase digital assets such as Bitcoin (BTC) and TRUMP. The report says that the firm’s main investor is based in the British Virgin Islands, but no specific entity or person was named. The deal appears to be structured as an…
A widely followed crypto strategist thinks that one layer-1 platform is closely following in the footsteps of Solana’s (SOL) 2021 bull market rampage. Pseudonymous analyst Kaleo tells his 698,600 followers on the social media platform X Sui’s (SUI) price action over the last two years looks very similar to SOL’s 2020-2021 market structure. In 2021, Solana exploded and rallied by about 300% in just three months after shattering its resistance at $55. Says Kaleo, “SUI looks primed for a move similar to the one SOL made in the Fall of 2021. SUI has been the emerging layer-1 market leader this…
A widely followed crypto strategist thinks that one layer-1 platform is closely following in the footsteps of Solana’s (SOL) 2021 bull market rampage. Pseudonymous analyst Kaleo tells his 698,600 followers on the social media platform X Sui’s (SUI) price action over the last two years looks very similar to SOL’s 2020-2021 market structure. In 2021, Solana exploded and rallied by about 300% in just three months after shattering its resistance at $55. Says Kaleo, “SUI looks primed for a move similar to the one SOL made in the Fall of 2021. SUI has been the emerging layer-1 market leader this…
A widely followed crypto strategist thinks that one layer-1 platform is closely following in the footsteps of Solana’s (SOL) 2021 bull market rampage. Pseudonymous analyst Kaleo tells his 698,600 followers on the social media platform X Sui’s (SUI) price action over the last two years looks very similar to SOL’s 2020-2021 market structure. In 2021, Solana exploded and rallied by about 300% in just three months after shattering its resistance at $55. Says Kaleo, “SUI looks primed for a move similar to the one SOL made in the Fall of 2021. SUI has been the emerging layer-1 market leader this…
A widely followed crypto strategist thinks that one layer-1 platform is closely following in the footsteps of Solana’s (SOL) 2021 bull market rampage. Pseudonymous analyst Kaleo tells his 698,600 followers on the social media platform X Sui’s (SUI) price action over the last two years looks very similar to SOL’s 2020-2021 market structure. In 2021, Solana exploded and rallied by about 300% in just three months after shattering its resistance at $55. Says Kaleo, “SUI looks primed for a move similar to the one SOL made in the Fall of 2021. SUI has been the emerging layer-1 market leader this…
A widely followed analyst believes that altcoins are about to explode while massively outperforming Bitcoin (BTC). Crypto strategist Michaël van de Poppe tells his 786,000 followers on the social media platform X that he sees altcoins igniting a strong uptrend that could last for many weeks. According to the analyst, the altcoin market cap versus Bitcoin (TOTAL3/BTC) chart is flashing a bullish divergence, indicating that alts are poised to steal the crypto king’s thunder. TOTAL3 tracks the total market cap of crypto, excluding Bitcoin, Ethereum (ETH) and stablecoins. Meanwhile, a bullish divergence suggests that buying momentum is rising even though…
A widely followed analyst believes that altcoins are about to explode while massively outperforming Bitcoin (BTC). Crypto strategist Michaël van de Poppe tells his 786,000 followers on the social media platform X that he sees altcoins igniting a strong uptrend that could last for many weeks. According to the analyst, the altcoin market cap versus Bitcoin (TOTAL3/BTC) chart is flashing a bullish divergence, indicating that alts are poised to steal the crypto king’s thunder. TOTAL3 tracks the total market cap of crypto, excluding Bitcoin, Ethereum (ETH) and stablecoins. Meanwhile, a bullish divergence suggests that buying momentum is rising even though…
A widely followed analyst believes that altcoins are about to explode while massively outperforming Bitcoin (BTC). Crypto strategist Michaël van de Poppe tells his 786,000 followers on the social media platform X that he sees altcoins igniting a strong uptrend that could last for many weeks. According to the analyst, the altcoin market cap versus Bitcoin (TOTAL3/BTC) chart is flashing a bullish divergence, indicating that alts are poised to steal the crypto king’s thunder. TOTAL3 tracks the total market cap of crypto, excluding Bitcoin, Ethereum (ETH) and stablecoins. Meanwhile, a bullish divergence suggests that buying momentum is rising even though…
A widely followed analyst believes that altcoins are about to explode while massively outperforming Bitcoin (BTC). Crypto strategist Michaël van de Poppe tells his 786,000 followers on the social media platform X that he sees altcoins igniting a strong uptrend that could last for many weeks. According to the analyst, the altcoin market cap versus Bitcoin (TOTAL3/BTC) chart is flashing a bullish divergence, indicating that alts are poised to steal the crypto king’s thunder. TOTAL3 tracks the total market cap of crypto, excluding Bitcoin, Ethereum (ETH) and stablecoins. Meanwhile, a bullish divergence suggests that buying momentum is rising even though…