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A closely followed crypto analyst says that altcoins are on the verge of breaking out after falling short of expectations. In a new strategy session, Real Vision chief crypto analyst Jamie Coutts tells his 18,500 followers on the social media platform X that even though Ethereum (ETH) performed well earlier this month, altcoins are still lagging behind Bitcoin (BTC). According to Coutts,...
Crypto venture capital firm Paradigm says it has raised $850 million for a new fund targeting crypto projects that are still in their earliest stages. The San Francisco-based firm was an early contributor to the decentralized cryptocurrency exchange Uniswap (UNI), the Ethereum (ETH) layer-2 network Optimism (OP) and the Ethereum-centric research and development startup Flashbots. In a statement...
One of Shiba Inu’s lead marketers is revealing the details of a highly anticipated SHIB blockchain game. A Shiba Inu insider who goes by Lucie tells her 139,300 followers on the social media platform X that the full release of the blockchain version of Shiba Eternity is nigh. “Shiba Eternity is getting very, very close! You can already play and train on the mobile version, where you can earn...
The CEO of Ripple Labs says that in order for the crypto industry to drive mass adoption it needs to focus on one key aspect. In a new interview at the XRP Ledger Apex 2024 event, Ripple Labs head Brad Garlinghouse says that for the crypto industry to grow exponentially real use cases need to be developed. “Customers don’t care which technology you’re using. They want their problem solved… One...
The world’s largest corporate Bitcoin (BTC) owner wants to raise funds to further bolster its crypto holdings. In a new statement, Microstrategy says it is planning to offer $500 million worth of convertible senior notes in a private offering. Convertible senior notes are a type of bond that allows investors to hold until maturity or convert into the issuer’s shares of common stocks....
A widely followed crypto analyst believes Bitcoin (BTC) remains in a historic consolidation phase and predicts a massive breakout within months. Pseudonymous crypto trader Rekt Capital tells his 476,600 followers on the social media platform X that Bitcoin’s consolidation phase could last another three months based on historic precedent. “Bitcoin has been consolidating inside this re-...
Cryptocurrency analyst and trader Ali Martinez is expressing bullish sentiment on one smart contract-enabled blockchain while updating his outlook on Bitcoin (BTC) and Lido DAO (LDO). Martinez tells his 63,900 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator is flashing an opportunity for a long entry on the four-hour chart for the native token of layer-1...
A widely followed trader and analyst is updating his outlook on a medium-cap crypto asset that has skyrocketed by quadruple-digit percentage points since January. The trader pseudonymously known as Altcoin Sherpa tells his 217,100 followers on the social media platform X that the utility token of Ondo Finance (ONDO), a crypto project focused on the tokenization of real-world assets (RWAs), is “...
Fidelity Investments’ global macro director Jurrien Timmer says that for Bitcoin (BTC) to hit fresh all-time highs (ATHs) one key event must occur. Timmer tells his 186,600 followers on the social media platform X that Bitcoin adoption may need to increase before the crypto king can print new ATHs. “The growth of Bitcoin’s network has slowed in recent months, while its price has continued to...
The former leader of the analyst team at crypto analytics firm Glassnode predicts that Bitcoin (BTC) will hit six figures this cycle. In a new interview on the Blue Collar Bitcoin YouTube channel, James Check says that Bitcoin could rise more than 120% from its current value. He also believes that Bitcoin’s market cap will ultimately hit gold’s market cap in future cycles. “If we believe that...