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Largely followed crypto analyst Altcoin Sherpa is warning that more weakness is ahead for one large-cap memecoin. The pseudonymous trader tells his 221,500 followers on the social media platform X that Dogecoin (DOGE) could depreciate by over 10% from its current level, even after bleeding more than 20% this month. Sherpa says, “Pains me to say it but DOGE probably keeps bleeding until the $0.08s...
A widely followed crypto analyst is updating his outlook on when Bitcoin (BTC) could pull off a reversal into bullish territory. In a new video update, crypto strategist Benjamin Cowen tells his 809,000 YouTube subscribers that Bitcoin could continue to print bearish price action until the end of 2024. “How long could the lower high/lower low structure go on for before the trend changes? I think...
A cryptocurrency trader and analyst is issuing a warning on the potential price performance of altcoins in the current cycle. The analyst pseudonymously known as Sherpa tells his 11,399 YouTube subscribers that altcoins might perform poorly during the current cycle relative to other cycles and periods. “Your altcoin might not do crazy multiples like it did earlier this year. It might not go to...
The chief legal officer of the crypto firm Ripple is publicly issuing a challenge to the U.S. Securities and Exchange Commission (SEC). Yesterday, the CEO of the world’s largest non-fungible token (NFT) marketplace, Devin Finzer of OpenSea, announced that the SEC had slapped OpenSea with a Wells Notice. A Wells Notice is a warning issued by the SEC that they are planning to pursue legal action...
An ancient Bitcoin address moved 64.59 BTC over the weekend after sitting on it for more than 13.5 years. The unknown wallet first received the Bitcoin in February 2011, when the top crypto asset was priced at $0.998 per BTC – meaning the entire trove was worth only $64.46 at the time. The crypto tracker BitInfoCharts, which clocked the transaction, notes that the same trove of Bitcoin was worth...
A closely followed crypto analyst says that Ethereum (ETH) is on the brink of a swing to the upside while updating his outlook on Bitcoin (BTC) and decentralized finance (DeFi) altcoin Maker (MKR). In a new strategy session, crypto trader Ali Martinez tells his 69,00 followers on the social media platform X that the top smart contract platform by volume appears ready to break out of its ascending...
Binance executive Tigran Gambaryan, who has now spent more than six months in a Nigerian prison, is suffering from “rapidly deteriorating” health conditions, according to the firm’s CEO. In a new blog post, Binance chief executive Richard Teng says Gambaryan can no longer walk and is in desperate need of medical care. “Tigran’s physical and mental conditions have deteriorated rapidly, and his...
New data from market analytics platform Chainalysis reveals that “pig butchering” schemes are the most lucrative type of crypto scam in 2024. In its 2024 crypto crime mid-year report, Chainalays reveals that pig butchering – or a scheme where bad actors use online personas to slowly gain the trust of their victims to encourage them to invest in fake opportunities – generated the most revenue in...
Crypto strategist Michaël van de Poppe predicts that if Bitcoin (BTC) flips one key level into support it will soar into the $70,000 range. The analyst tells his 723,800 followers on the social media platform X that if Bitcoin crosses the $61,000 level on the daily chart it could break out to test its all-time high (ATH) of around $74,000. “Chop, chop, chop. Bitcoin is still acting within the...
The community behind layer-1 blockchain The Open Network (TON) is rallying behind the messaging platform Telegram’s founder, Pavel Durov, who is currently detained in France. French authorities arrested Durov at the Le Bourget Airport last weekend on a warrant related to Telegram’s alleged failure to moderate content linked to drugs, fraud and other criminal activities. In a post on social media...