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An analyst who’s been making timely altcoin calls as of late thinks that three crypto assets are almost ready to witness moves to the upside. Pseudonymous analyst Bluntz tells his 252,000 followers on the social media platform X that he’s bullish on Solana (SOL). According to the top crypto strategist, Solana appears to have completed an ABC corrective wave against Bitcoin (SOL/BTC) on the eight-hour chart. “SOL gearing up for another run IMO (in my opinion). SOL/BTC looking like a nice ABC now done. Swept the (a) wave lows and has now reclaimed.”  Source: Bluntz/X Bluntz practices Elliott Wave theory, which states that a bullish asset tends to see a fresh leg up following the conclusion of an ABC correction. Looking at the trader’s chart, he seems to predict that SOL/BTC will rise to 0.00365 BTC ($254). At time of writing, SOL is worth $194.24. Next up, the trader says he’s keeping an eye on the Solana-based decentralized ...

In the crypto market, a notable trend emerges, capturing attention and sparking intrigue. Binance’s decision to halt USDC transactions on the Tron blockchain signals a shift in stablecoin operations. It reflects concerns over transparency and security within the crypto ecosystem. This move follows Circle’s withdrawal of USDC issuance on Tron, underlining the industry’s focus on maintaining trust and reliability. Despite Tron’s silence on the matter, Binance’s action highlights ongoing scrutiny of blockchain networks. With USDC predominantly on Ethereum, this decision hints at broader implications for Tron’s standing in the crypto community. It comes amidst regulatory concerns and questions regarding its role in facilitating financial activities. Biggest Crypto Gainers Today – Top List Immutable X, Filecoin, Bitcoin SV, and Core shine bright amongst the gainers in today’s market. Each project boasts unique Features and market momentum,...

Ripple is yet to experience the full impact of the current bull season. Despite experiencing a gradual price meltdown, XRP is holding steady ground, exchanging hands at $0.6179 at press time.  XRP’s slow price motion is projecting mixed signals. However, the price prediction platforms are bullish on Ripple, adding that the token is poised for a full price recovery soon.  Token prediction portals such as Finders and CoinCodex have issued bullish XRP price forecasts after comparing KRU technical indicators. If the predictions play out right, XRP is bound to breach the $1 mark within the next two years.  Also Read: What’s in Store for Ripple XRP Post It’s SEC Court Case Verdict When can Ripple Cross $1? Source: WatcherGuru The anticipation building around XRP is palpable as investors await its bullish breakout. The token has been taking its time to ascend, encountering minor downswings in its wake.  Per CoinMarketcap, the token is currently u...

MicroStrategy’s share price, which is mainly driven by its Bitcoin (BTC) holdings, is “exceptionally high“ and “unjustifiable,” argues investment firm Kerrisdale Capital. Investors have inflated MicroStrategy’s premium as a result of the company’s BTC holdings. The majority of this BTC was bought through debt financings, equity linked convertible notes and ATM equity offerings, said the firm in a Mar. 28 analyst note .  Calling the company’s use of leverage to purchase more BTC “intelligent” is flawed logic, it added. Bitcoin ETFs Could Make MicroStrategy Redundant  The launch of Spot Bitcoin ETFs (exchange-traded funds) in the U.S. might reduce the need for investors to trade MicroStrategy stocks to gain exposure to Bitcoin, the firm added. MicroStrategy ( MSTR ) no longer presents investors with “a rare, unique way to gain access to Bitcoin,” it said in the note.  Kerrisdale Capital said tha...

Lately, Dogecoin has experienced a strong rally, surging 20% in the past day, prompting the 99Bit coins YouTube channel to discuss the latest updates about this meme coin. In the past 24 hours, many leading cryptocurrencies have shown little change, but Dogecoin has stood out with a strong rally, paving its unique path as the original meme coin. The token usually responds to news about payments from any company owned by Elon Musk, like X or Tesla. Many influential members of the Dogecoin community have been talking on social media about how the token could be used on X, which has probably increased interest in trading it. Dogecoin price analysis Excitement is rippling through the market, particularly with the imminent Bitcoin halving. With just 23 days left, expectations are running high. Analysts anticipate a significant upswing in Bitcoin prices once the halving takes place, likely buoying Dogecoin as well. Indeed, Dogecoin has witnessed an impressive 200% surge in value this ...

The Pepe price plummeted over 5% in the last 24 hours to trade at $0.000007587 as of 1:10 a.m. EST as investors dump their holdings in the frog-themed meme coin. Pepe Price Drops After Whale Initiated Large Withdrawal From KuCoin  PEPE’s drop follows a large transfer by a crypto whale that took place in the last 24 hours. 2,635,658,884,119 PEPE, valued at $21,108,992 at the time, were pulled out of KuCoin and sent to an unknown wallet, said on-chain whale tracking firm, Whale Alert, in a Mar. 27 X post. 🚨 2,635,658,884,119 #PEPE (21,108,992 USD) transferred from #Kucoin to unknown wallethttps://t.co/N1TRfokBDb — Whale Alert (@whale_alert) March 27, 2024 This substantial withdrawal could have something to do with the charges against KuCoin’s founders by the US Department of Justice (DoJ). Lawmakers said that the ex change ’s founders failed to implement basic anti-money laundering policies, thus allowing the platform to “operate in th...

A plausible explanation has emerged for why the Cardano (ADA) price has dropped below the psychological price level of $0.7. The crypto token saw a sharp correction from its monthly peak of $0.8, recorded on March 14, and has since failed to recover such a height.  Cardano Whales Responsible For Price Decline Data from the crypto analytics platform Santiment shows that the whale transaction count ($100,000 and above) on the network has reduced since March 14. That period was when Cardano hit a high of $0.8, which suggests that ADA whales began to take profits from then and have slowly exited their positions since then.  Related Reading: Bitcoin Held On Coinbase Exchange Reach 9-Year Low, Can Bitcoin Reach $75,000? Crypto whales are known to have a massive impact on the market , and prices usually drop as soon as these traders begin to offload their holdings. Moreover, this wave of profit-taking isn’t peculiar only to the ADA ecosystem; these past fe...

The Shiba Inu price has pumped 13% in the past 24 hours to trade at $0.00003085 as of 8:15 a.m. EST on a 146% surge in trading volume to $2.04 billion. Shiba Inu (SHIB) is on the brink of a price resurgence, as important growth indicators are turning positive.  There’s been a surge in large transactions of at least $100,000 from 164 to 418. The increase in these substantial transactions, primarily influenced by Shiba Inu whales, aligns with the coin’s broader efforts towards recovery. Shiba Inu Price Bulls Gear Up For Another Bullish Push  SHIBUSDT Analysis By Tradingview The Shiba Inu price still trades within the bullish pennant pattern, following a sharp surge above the prolonged consolidation channel. The pennant indicates a bullish trend continuation for the Pepe price. However, the Pepe price is currently on an uptrend within the pennant as the price indicates a rebound on the lower trendline of the pennant.  The price has also slightly breache...

The Solana ecosystem has been consolidating itself as a profitable environment for ‘smart trade rs’ and lucky speculators. Following this trend, a trade r invested $35,000 worth of Solana (SOL) to buy a meme coin stash now worth over $10 million . Notably, the Solana account ‘5We8d…qP5GY’ purchased 4.41 billion of a token called “cat in a dogs world” (MEW).  ‘5We8d…qP5GY’ account summary on Solana. Source: SolScan.io For that, the trader spent 178.2 SOL, worth $35,000 when Lookonchain reported the accomplishment on X (formerly Twitter). This purchase happened on March 26, at 5:23 am (UTC) and Lookonchain posted at 7:16 am (UTC). Picks for you SEC demands that Ripple pays $2 billion in damages 25 mins ago BYD crushes NEV milestone: 7 million electric vehicles produced 1 hour ago ‘Rich Dad’ R. Kiyosaki says Bitcoin might be a Ponzi scheme 2 hours ago Ambient becomes a new Pyth data provider 21 hours ago At that time, MEW was priced at $0.00...

Base TVL is up more than 126% in the past month, up from around $405 million on February 25. TVL has reached $913 million amid meme coins frenzy and could hit $1 billion this week. The Total Value Locked (TVL) on Base, an Ethereum layer-2 protocol launched by Coinbase, has reached a new high above $900 million. Data on DeFiLlama showed the TVL stood at over $913 billion on March 25, up by more than 126% from $405 million on February 25. Bridged TVL was valued at over $1.15 billion . Base TVL on DeFiLlama Base meme coins send TVL soaring In the past few weeks, the spotlight has been on Solana-based meme coins. The likes of dogwifhat, Bonk Book of Meme, Slerf and Myro have dominated the market with massive gains. But Base meme coins have seen a decent spike in the past 24 hours, with data showing their market cap has increased more than 400% in 24 hours to nearly $1 billion. Buying frenzy has hit tokens such as Toshi (TOSHI), Degen (DEGEN) and Mochi (MOCH...

Binance Academy, the arm of Binance dedicated to cryptocurrency education, has teamed up with BNB Chain, the largest layer-1 blockchain platform, to introduce an innovative online course titled BNB Chain Developer Specialization, according to the information shared with Finbold on March 25.  The aim of the initiative is to provide new Web3 software with the skills necessary to foster growth in the realms of Web3, cryptocurrency, and technology. The program is a result of the growing demand for proficient Web3 developers and a desire to cultivate a larger pool of talent capable of driving innovation within the industry.  Picks for you What’s going on with Australian dollar vs. US dollar (AUD/USD)? 13 mins ago AI predicts XLM price for end of 2024 16 mins ago How much will Xiaomi's upcoming car cost? 2 hours ago Ripple v. SEC case update: Crucial XRP briefing filed 2 hours ago No prior knowledge of any of the blockchain fundamenta...

The Dogecoin price surged 8.4% in the last 24 hours to trade at $0.1656 as of 8.30 p.m. EST on trading volume that climbed almost 9% to $3.15 billion. The Dogecoin price soared 45% this week amid more speculation about whether Elon Musk may eventually allow Dogecoin to be used to make payments for more products made by companies he owns, including Tesla. His X Payments company expanded its operations by securing money transmission licenses in Illinois, New Mexico, and Oregon, indicating the scale of the impact that enabling DOGE payments might have on the biggest meme coin by market capitalization.  JUST IN: X secures licenses in key US states, opening the door for potential Dogecoin payments. pic.twitter.com/P2gve77JFC — CEO (@Investments_CEO) March 23, 2024 Dogecoin Price Bulls Regain Control, Forming A Bullish Pennant DOGEUSDT Analysis By Tradingview The Dogecoin price is experiencing a correction confined within two converging trendlines. This suggests the for...