Author: Benjamin Lee

An analyst who has earned the “Master Trader” rank on the crypto exchange Bybit believes that Bitcoin (BTC) is now poised for a surge to new record-high levels. Pseudonymous trader Bluntz tells his 321,100 followers on the social media platform X that Bitcoin completed an ABC correction after its brief dip below $100,000 over the weekend. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness new rallies after concluding an ABC pullback. Says the trader, “BTC looking like a nice ABC here, bounced lower channel and reclaimed breakdown range. Send it to all-time high.”…

A closely followed crypto analyst is predicting a historic rally for altcoin markets based on an unprecedented technical setup. The pseudonymous analyst known as TechDev shares a chart with his 532,000 followers on the social media platform X showing the price action of TOTAL2 – which tracks the total market cap of crypto assets excluding Bitcoin (BTC) and stablecoins – with a Bollinger Band indicator. Bollinger Bands are a technical analysis tool used to assess price volatility and identify potential breakout or mean-reversion opportunities. When the bands are close together, it suggests that volatility is historically low and the asset…

A crypto analyst with a history of timely Bitcoin (BTC) calls believes that altcoins are gearing up for a price spike. In a new strategy session, Kevin Svenson tells his 83,300 YouTube subscribers that he’s keeping a close watch on the OTHERS chart, which tracks the total market cap of crypto, excluding the top 10 digital assets and stablecoins. Traders keep an eye on the OTHERS chart to gauge the performance of the altcoin market. According to the crypto strategist, OTHERS appears to be following its 2024 price action, when it went through a corrective period before sparking a parabolic…

A widely followed crypto analyst says that Bitcoin (BTC) surging to a new all-time high (ATH) is still a very real scenario. In a new thread, crypto trader Michaël van de Poppe tells his 792,000 followers on the social media platform X that the top crypto asset by market cap looks poised to hit a new ATH by the end of next month, also noting that he expects BTC to dip before skyrocketing. “Bitcoin continues to push upwards and break the all-time high. I still think we’ll have a slight consolidation before the big breakout happens, which means that an…

A widely followed analyst and trader who accurately predicted the Bitcoin (BTC) bottom in 2018 is highlighting one crypto asset that could go up by triple-digit percentage points. The trader pseudonymously known as Bluntz tells his 321,100 followers on the social media platform X that dogwifhat (WIF), a memecoin built in the Solana (SOL) ecosystem, could go up by about 472% to reclaim and surpass the all-time high recorded in March of 2024. “Still a lot of work to put in and need to see price action confirm, but I think there’s a very real chance a new impulse back…

An artificial intelligence (AI)-based altcoin is faltering after gaining support from the world’s largest crypto exchange platform by trading volume. In a new announcement, Binance says that it is adding support for Sahara AI (SAHARA), a decentralized AI platform that enables users to develop and monetize AI models, datasets and applications. “Binance is excited to announce that Sahara AI will be added to Binance Simple Earn, ‘Buy Crypto,’ Binance Convert, Binance Margin, and Binance Futures.” News of the addition had a negative impact on the price of SAHARA, as the digital asset went from a peak of $0.141 earlier today…

A US judge doesn’t think Ripple should get to walk back the civil penalty from its XRP lawsuit just because the new leadership regime at the U.S. Securities and Exchange Commission (SEC) now sides with the payments firm. Ripple and the SEC first filed a joint request in May for an “indicative ruling” to see whether District Judge Analisa Torres would be open to vacating the firm’s previously assigned $125 million civil penalty and reducing it to $50 million. Indicative rulings can be filed when a previous judgment is pending with an appeals court, but parties want to see if…

The banking titan JPMorgan is piloting a US dollar-backed permissioned deposit token on the Ethereum (ETH) layer-2 scaling solution built by the American crypto exchange Coinbase. In a statement, Coinbase says that JPMorgan is launching the token called JMPD on Base through its blockchain business unit Kinexys. “These are USD-denominated and backed 1:1 by deposits—combining the programmability of on-chain finance with the trust and compliance that regulated financial institutions require.” JPMorgan is launching the token to take advantage of global on-chain payment rails. The financial behemoth is joining over 200 banks, brokers, fintechs and payment providers that tap on the…

Sonic price rose, and Four, SPX6900, led crypto gains despite market turbulence. Top coins rebound as equities stabilise, signalling renewed investor confidence. SPX6900’s meme coin momentum underscores its volatile yet captivating market presence. The cryptocurrency market suffered massive selling over the weekend as Bitcoin dropped amid the US bombing of Iran’s nuclear sites. But as BTC looks to bounce, the top gainers among the 100 largest coins by market cap are Sonic, Four, and SPX6900. Despite a turbulent weekend marked by sell-offs, broader crypto declines, these tokens are leading the rebound with double-digit gains. Sonic trades at $0.28, Four is…

Chainlink and Mastercard are collaborating to enable over 3 billion cardholders to buy crypto onchain LINK rose 11% amid the Mastercard partnership and broader crypto optimism Chainlink’s growth in the tokenised assets market continues. Chainlink’s native token, LINK, soared 11% today, buoyed by a groundbreaking partnership with Mastercard. While gains mirrored broader crypto market upside, the news that Chainlink and Mastercard are looking to bring direct crypto purchases to over 3 billion cardholders added to the upbeat sentiment around LINK. Chainlink and Mastercard partner As with many other similar collaborations, this one between Chainlink and Mastercard marks a significant step…