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A widely followed crypto analyst says that altcoins are poised to spark a massive rally starting at the end of June. In a new thread, crypto trader Michaël van de Poppe tells his 719,600 followers on the social media platform X that altcoins are gearing up for a ride “back to normal values.” “The altcoins are ready for their upwards run. I think we’ll be seeing a lot of momentum from late June...
US lawmakers urge the White House to take action and help a Binance employee who has been held captive in Nigeria since February. Binance Head of Financial Crime Compliance Tigran Gambaryan was detained in Nigeria following his arrival for meetings with government officials regarding the exchange’s compliance issues. In March, the Nigerian government filed charges against Binance, Gambaryan and...
Retail trading giant Robinhood is acquiring crypto exchange Bitstamp for hundreds of millions of dollars despite receiving a Wells Notice by the U.S. Securities and Exchange Commission (SEC) earlier this year. According to a new press release, Robinhood has agreed to purchase Bitstamp, a prominent crypto exchange platform founded in 2011 that holds over 50 active licenses and registrations...
June 6, 2024 – Singapore, Singapore Dora Factory, the pioneering infrastructure of decentralized governance technology and public good funding, announces the gas fee airdrop of its native token DORA to all ATOM stakers on June 5, 2024. Over one million addresses are eligible to receive DORA token, with the airdrop campaign inviting the Cosmos community to participate in the governance of its...
A widely followed crypto analyst believes Ethereum (ETH) is heading to new all-time highs (ATHs). Pseudonymous crypto trader Altcoin Sherpa tells his 216,900 followers on the social media platform X that ETH will likely have a massive breakout against Bitcoin (ETH/BTC). However, the trader warns that the 200-week exponential moving average (EMA) continues to act as resistance for the ETH/BTC...
Spot Bitcoin (BTC) exchange-traded funds (ETFs) are on a roll. Data from crypto research platform SoSo Value shows that spot Bitcoin ETFs saw their second-biggest day ever on June 4th with a daily total net inflow of $886.7 million. Its most successful day so far was on March 12th when daily total net inflow hit $1.05 billion. The investment product already has a cumulative total net inflow of $...
Bitcoin (BTC) has flashed “glimmers of speculative activity” after consolidating for a couple of months, according to the crypto analytics firm Glassnode. In a new analysis, Glassnode notes that new buyers and investors who have held BTC between six months and three years are holding unrealized profits. “This observation is bolstered by the fact that only 0.03% of the Long-Term Holders are in a...
Cryptocurrency analyst and trader Jason Pizzino is offering his thoughts on the potential trajectory for the digital asset market going forward. Pizzino tells his 328,000 YouTube subscribers that the Average True Range indicator is suggesting that “another significant move” is imminent for Bitcoin (BTC) and other crypto assets. The ATR is used to measure the volatility of an asset with higher...
A closely followed crypto analyst believes that one red-hot Dogecoin (DOGE) rival is gearing up for more massive gains. Pseudonymous trader Kaleo tells his 641,600 followers on the social media platform X that FLOKI‘s market cap could soar to at least $10 billion, more than 3x the current value. The analyst says FLOKI could head much higher after forming a cup-and-handle pattern, a setup used in...
A widely followed cryptocurrency analyst and trader believes that a top-10 altcoin by market cap is destined to rally by double-digit percentage points from the current level. The analyst pseudonymously known as Bluntz tells his 260,900 followers on the social media platform X that BNB, the utility token for the BNB Chain ecosystem, is set to reach a price of at least $1,000. “There’s no way BNB...