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A veteran trader says that it would be unwise to attempt to start calling for a top in the crypto bull market. The pseudonymous trader known as The Flow Horse tells his Telegram channel that based on many charts, including Bitcoin (BTC), Gold futures, and the Nasdaq, there’s a clear bull market underway that could be costly to bet against. “I said this in 2020 I will say it again now, if you are late to the break upward and having trouble entering, just buy and walk away. One weekly strong close through the level and that’s it. The effectiveness of high timeframe acceptance is hard to argue… I am not going to guess how long the party lasts but you are an idiot if you are calling tops right now. Naturally, someone will and then be loud about it when it eventually works, but they are just part of what is expected in a large sample.” The Flow Horse also says that the crypto market is at a point where Bitcoin could steal liquidity away ...

A closely followed crypto strategist and trader says one red-hot real-world asset (RWA) project may have more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that MANTRA (OM) “still looks strong.” “Consolidation in the previous range and now expansion; would be careful buying here personally and think we should see a pullback around $1.23 and $1.41. But still is one of the better RWA bets and I’ve got a bag.” Source: Altcoin Sherpa/X MANTRA is a crypto project that allows the tokenization and trading of real-world assets such as commercial properties. OM is trading for $1.13 at time of writing, up 6,421% from its October 2023 price of $0.0176. Next up, the analyst says he is flipping bullish on meme token Dogecoin (DOGE). “To be determined if DOGE ever does insane numbers like 2021; my guess is not given the market cap. But it should still have a few x from he...

Largely followed crypto analyst Altcoin Sherpa believes that one red-hot memecoin has more room to run to the upside despite astronomical gains so far this year. The pseudonymous trader tells his 221,900 followers on the social media platform X that Solana (SOL)-based meme token Popcat (POPCAT) could remain in an uptrend after bouncing off a key level at around $0.64. “POPCAT still looks pretty strong for now, great S/R (support/resistance) retest. If it guns for the highs again, this will be the leading category for memes and also CAT beta.” Source: Altcoin Sherpa/X Popcat is trading for $0.59 at time of writing, up more than 15,000% since hitting a low of $0.00379 in January. Next up, the analyst says that while macro conditions may be bullish for Bitcoin (BTC), the crypto king appears to be flashing mixed signals in the near term. “I don’t know where BTC is at. It’s bearish on the one-day, bearish on the 200-day exponential mov...

Ripple (XRP) is making waves in crypto. A bold idea aims to convince Elon Musk to accept XRP adoption in his X Payments platform. This could change how people see and use XRP. Also Read: Robinhood: 161% Crypto Revenue Surge, $81M in Q2 Elon Musk’s XRP Adoption: A Game-Changer for Crypto Investors Source: Siasat.com Lawyer Asks Musk to Use XRP Lawyer Fred Rispoli tweeted at Elon Musk: “You can now legally challenge the SEC by adding XRP to X Payments. I bet your legal team would agree.” @elonmusk You have a golden opportunity right now to legally say eff you to @secgov after its loss today to @ripple. Announce $XRP will be part of the @XPayments platform. Run it through @X legal, I bet Adam would agree with me. — Fred Rispoli (@freddyriz) August 8, 2024 This comes after Ripple won a big case against the SEC. Many see this win as a turning point for XRP. How XRP Could Help X Payments If Musk adds XRP, it could be big for X Payments. It might make sending money acro...

Since it started in earnest late last October, the ongoing crypto market rally has seen multiple well-executed trades that led to swift and impressive rags-to-riches stories. Recent weeks, in particular, have generated multiple moves leading to savvy cryptocurrency trader s growing their investments hundreds of times over within hours, with new reports seemingly emerging every few days. The most recent of these took place on June 2 when one trader used 60 Solana (SOL) – at the time worth just under $10,000 – to purchase nearly 90 million of a fairly new cryptocurrency called HAPPY. Picks for you GME crypto on Solana soars over 300% as GameStop stock heats up 1 hour ago Orbs Liquidity Hub extends its reach to Fantom and partners...

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...

BTC price action teases a slow comedown to support, with Bitcoin dip-buyers at the ready. Bitcoin (BTC) headed lower into the July 5 Wall Street open as a risk-off mood entered United States equities. BTC/USD 1-day chart. Source: TradingView BTC price begins hitting dip-buying targets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD tapping multi-day lows of $30,280 on Bitstamp. BTC price action continued a sideways trading pattern within a larger range in place practically since mid-June. With no discernible progress toward breaking topside resistance, Bitcoin traders hoped that a sweep of the lows would provide the fuel bulls needed. Reached for #Bitcoin. pic.twitter.com/ePhBZET0TW — Michaël van de Poppe (@CryptoMichNL) July 5, 2023 Popular trader Crypto Ed had his eye on the area at $30,000 or just below on the day. “We're heading there, will look for reaction from that level,” he wrote in part of Twitter commentary. BTC/USD annotated chart. Source: Crypto...

Swiss-regulated fintech provides trading apps with powerful add-on toolkits to help traders of all styles boost their performance. The constantly growing number of crypto users, despite a year-long bear season, showed that it’s never too late to enter the crypto market. Last year began with less than 300 million active crypto users, and even though the crypto market went through impactful events such as the collapse of the FTX crypto exchange, the crypto community grew steadily, finishing the year with more than 400 million crypto users. Crypto adoption is especially strong in emerging markets, while the Middle East and North Africa (MENA) region experienced a significant uptick, according to Chainalysis’ reports.  Source: Statista The ever-growing crypto market directly translates into a more mature and challenging trading environment, where traders need a wide range of tools for heightened efficiency and confidence.  Traditional means of trading, like using crypto exchanges, can be ...