Author: Benjamin Lee

A crypto analyst who nailed Bitcoin’s pre-halving correction last year believes that BTC is poised to ignite fresh rallies. Pseudonymous analyst Rekt Capital tells his 553,600 followers on the social media platform X that Bitcoin needed a weekly candle close above $119,200 to trigger a breakout from a bullish continuation pattern. With BTC closing the previous week at around $119,400, the analyst says Bitcoin is now in the process of flipping the resistance level into support and that breakout rallies are in sight. “Bitcoin did it. Bitcoin Weekly Closed above the ~$119,200 Bull Flag Top and is now in the…

Conflux price rose 38% amid multiple key integrations. Bulls could push CFX price to $0.50 and target $1 in the short term. Most cryptocurrencies are trading at key support levels, with Conflux set to ride on overall bullish sentiment. Conflux (CFX) price rose 38% in 24 hours to hit highs of $0.27 and lead top gainers in early trading on July 29. The gains came amid several strategic integrations and partnerships for Conflux, with daily volume also rising as CFX jumped to prices last seen in mid-April. A technical outlook suggests a retest of the $0.50 level is possible as…

Omni Network (OMNI) price recorded a near triple-digit gain to break from intraday lows of $2.5 to highs of $7.13. The token traded around $5.37 at the time of writing, 90% up in the past 24 hours. Gains came amid OMNI listing on South Korea’s largest crypto exchange Upbit. Omni Network (OMNI) trended as the top gaining token among the 500 largest coins by market cap on Tuesday, recording a double-digit gain to break from intraday lows of $2.5 to highs of $7.13. While the price has retreated from the intraday peak to currently sit around $5.37, it still sports…

Zircuit price jumped 11% as Binance Futures announced support for ZRC perpetual contracts.  The ZRC token traded to highs of $0.038 as daily volume picked up. Zircuit is also listed on Binance Alpha and recently launched a key product likely to catalyze more gains. Zircuit (ZRC) saw its price rise sharply on Tuesday morning as Binance Futures announced support for ZRC perpetual contracts. The token traded at $0.038, up 11% in the past 24 hours as the price bounced off lows of $0.034. Binance’s latest announcement, coupled with Zircuit’s inclusion on Binance Alpha, could catalyze more gains for the native…

A large-scale holder has just offloaded 3 million FARTCOIN. The meme token’s price has dropped 20% on the 24-hour chart. Meme cryptos have plunged after the latest criticisms from Solana’s co-founder. Digital tokens recorded mixed performances in the past 24 hours, with most coins plunging. The meme token space witnessed multiple activities. While Gemini announced DOGE and SHIB as collaterals, a dramatic move shocked the Fartcoin community. According to Lookonchain, address 24BLFj has dumped a massive 3 million FARTCOIN tokens, pocketing $3.65 million. The investor sold at $1.22 as Fartcoin plunged from the intraday high of $1.4017. Whale 24BLFj sold…

Leading digital asset investment firm CoinShares says that institutional inflows into crypto products have set new monthly highs in July. According to its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that digital assets just pushed over $11 billion over the last month, a new record before the month is even finished. “Digital asset investment products saw US$1.9bn in inflows last week, marking the 15th consecutive week of positive sentiment. This pushed month-to-date inflows to a record US$11.2bn, significantly surpassing the US$7.6bn seen in December 2024 following the US election.” Source: CoinShares Regionally speaking, the United States led globally…

A market intelligence firm is warning traders that leverage is building up in Ethereum (ETH), creating volatility risk for bulls. In a new thread on the social media platform X, the crypto analytics platform Altcoin Vector says that leverage risk is building within the second-largest digital asset by market cap despite ETH’s most recent price rise being backed by the spot market and exchange-traded funds (ETFs). “ETH Futures OI (open interest) just hit a new ATH (all-time high) – double since May – and price is climbing with it. Unlike late 2024, this rise is backed by ETF inflows and…

The shares of Mill City Ventures (MCVT) are surging as the Nasdaq-listed specialty finance firm reveals a new treasury strategy using layer-1 protocol Sui (SUI). In an announcement, Minnesota-based Mill City Ventures says it will raise $450 million in a non-public offering, or private placement, and use most of the funds to establish a Sui cryptocurrency treasury strategy. Crypto treasury companies are publicly traded or private companies that hold digital assets on their balance sheets as part of their treasury reserve strategy. Shares of MCTV closed Thursday at $1.85. Trading began to surge on Friday, when the stock closed at…

BNB price rallied to new all-time highs amid major institutional interest. After Nano Labs earlier in the day, CEA Industries Inc. (Nasdaq: VAPE) and 10X Capital are eyeing up to $1.25 billion to buy BNB. Initiative could see BNB price explode in coming days. BNB price soared to a new all-time high of $859 on Monday as an unprecedented institutional interest and strategic corporate investment bet in the digital asset emerged. With Nano Labs doubling down on BNB earlier in the week, it was another Wall Street firm that added to the frenzy of publicly traded companies eyeing BNB. That…

Veteran trader Peter Brandt says that one payments-focused crypto asset will outshine the pack while predicting a massive upswing for silver. Brandt tells his 803,900 followers on the social media platform X that while most cryptocurrencies will eventually go to zero, one token he envisions becoming a “rock star” is the XRP (XRP) rival Stellar (XLM). “Every crypto nerd has his/her/its own pet rock or Beanie Baby. I believe 95%+ of the 11,000 actively traded coins will become near worthless – your pet rock included. Already 3.7 million coins are dead (source: CoinGecko). Only about 50% of most actively traded…