Author: Benjamin Lee
Sui’s price is above $4.20 after surging more than 56% over the past month. The token’s rally has pushed the total value locked to all-time highs amid a surge in open interest. Bulls could target the SUI all-time high of $5.35 reached in January 2025. Sui (SUI) has broken above $4.20 amid a notable 56% surge over the past month. This rally brings SUI tantalizingly close to its all-time high of $5.35, recorded in January 2025. It also means an impressive rally from April lows of $1.90, putting the token alongside top performers PancakeSwap, BNB and Optimism. Sui price jumps…
Optimism price increased by more than 13% to highs of $0.84 amid gains for PancakeSwap, Ethena and SPX6900. Upbit, South Korea’s leading crypto exchange, announced the listing of the Ethereum layer 2 scaling solution’s native token OP. The price of OP could explode 100% as bulls eye $2. Optimism (OP) price is up double-digits, mirroring moves by PancakeSwap, Ethena and SPX6900 as top altcoins by 24-hour gains. Gains for the native token of the Ethereum layer 2 scaling solution come amid a major boost from Upbit, South Korea’s dominant crypto exchange. With new trading pairs set to launch for OP,…
A widely followed analyst and trader who accurately predicted the bottom for Bitcoin (BTC) in 2018 says the crypto king is primed to go higher after a recent correction. The trader and analyst pseudonymously known as Bluntz tells his 326,100 followers on the social media platform X that Bitcoin is likely done correcting after falling below the $116,000 price level. “Send it.” Source: Bluntz/X Looking at the trader’s chart, he seems to suggest that Bitcoin’s ABC correction is done and BTC is now targeting new all-time highs at $127,000. Bluntz follows the Elliott Wave theory, which states that a bullish…
The native asset of the stablecoin-focused crypto project Ethena (ENA) skyrocketed by more than 28% on Friday, ignoring a wider crypto market pullback. The price surge materialized after the Arthur Hayes-backed decentralized finance (DeFi) project announced a new strategic partnership with Anchorage Digital, a federally chartered crypto bank. The partnership aims to bring Ethena’s second stablecoin offering, USDtb, to the US under the regulatory umbrella of the recently enacted GENIUS Act, with Anchorage Digital issuing the asset domestically. The new law, signed by US President Donald Trump last week, establishes a regulatory framework for stablecoins, cryptocurrencies pegged to the US…
A decentralized finance (DeFi) altcoin that received trading support from the crypto exchange Binance in May is seeing gains despite the dip in the digital assets market. The token of Maple Finance (SYRUP) is currently changing hands for $0.475, up by 7.95% over the past 24 hours. This comes after the DeFi platform for institutional lending unveiled a proposal to increase allocations for purchasing the crypto asset on the open market. The MIP-018 proposal, which will be open for voting by Syrup holders on July 25th, aims to raise token buybacks from 20% to 25% to increase staking rewards. “MIP-018…
A pair of Solana (SOL)-based altcoins is dipping in price after gaining support from the largest crypto exchange by trading volume in the US. In a new thread on the social media platform X, Coinbase Assets says it is adding support for Jito Staked SOL (JITOSOL) and non-fungible token (NFT) marketplace Metaplex (MPLX). “Jito Staked SOL and Metaplex are now live on http://coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the support caused both assets to dip as JITOSOL is trading for…
A closely followed crypto analyst says that Dogecoin (DOGE) may have an explosive breakout if the memecoin reclaims one key level as support. In a new thread, crypto trader Ali Martinez tells his 144,000 followers on the social media platform X that DOGE may be forming a bullish reversal pattern on the three-day chart and increase by more than 109% from its current value. “If Dogecoin is truly forming a double bottom, this is the spot for a rebound. Reclaiming $0.26 as support could set the stage for a rally toward $0.46!” Source: Ali Martinez/X DOGE is trading for $0.22…
An analyst who accurately called the 2022 crypto collapse believes that one Ethereum (ETH) rival is on the verge of a deep correction. Pseudonymous analyst Capo tells his 129,129 subscribers on his Telegram channel that Solana (SOL) is facing resistance at the $200 level and may decline more than 68% from its current value. “SOL update: retesting the same old $170-$200 resistance zone. Main target remains $60-$80.” Source: Capo/Telegram Solana is trading for $188 at time of writing, down 1.7% in the last 24 hours. Next up, the analyst says that he is remaining bullish on Ethena (ENA), a synthetic…
Bitcoin Cash has seen a notable surge in the past 24 hours, gaining 8% to $554. The altcoin sees gains as Bitcoin price dumps amid massive sell-off pressure. With trading volume up 44% and rising open interest also surging, BCH could defy the benchmark asset’s dip further and eye highs last seen in December 2024. The Bitcoin Cash (BCH) price currently stands at approximately $551. While it’s off its intraday highs of $554, it remains above the $550 mark, up as one of the top gainers in the past 24 hours. According to CoinMarketCap, this comes as Bitcoin’s latest correction…
Celestia (TIA) trades at $1.81, down 13% in the past week. The altcoin is paring gains seen following a bounce from lows of $1.32. Celestia Foundation has announced it bought all remaining TIA from Polychain Capital. Celestia’s price of $1.81 today is down double digits in the past week. While it has bounced 38% since hitting its all-time lows of $1.32 in June, it is 70% down in the past year and -91% from its all-time high above $20.9 reached in February 2024. As the cryptocurrency market navigates its latest pullback, is TIA at risk of fresh losses? Or could…