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Quant analyst PlanB says that Bitcoin (BTC) remains on track to hit $500,000 based on one benchmark indicator.
PlanB tells his nearly 1.9 million followers on the social media platform X that he is doubling down on his massive six-figure price prediction for Bitcoin despite months-long sideways movement.
Responding to a follower asking about BTC’s recent chop, PlanB says he still believes...
Kraken says the crypto exchange is confident it will win its legal battle with the U.S. Securities and Exchange Commission (SEC).
Last week, U.S.; District Judge William H. Orrick denied Kraken’s request to dismiss the case filed by the SEC alleging that the exchange violated securities laws.
The regulator alleges that Cardano (ADA), Algorand (ALGO), Solana (SOL) and several other coins traded...
The next upward move in digital assets will be the “real” breakout that takes markets to new highs, according to a trader who accurately predicted the late 2022 crypto collapse.
The pseudonymous trader known as Capo tells his 101,000 Telegram subscribers that the recent Bitcoin (BTC) bounce was a “test pump,” with the real rally to come.
“That was a pump to clean the liquidity from above. The...
A widely followed crypto analyst is mapping out the path he believes Ethereum (ETH) is most likely to take for the rest of 2024.
In a new video update, crypto strategist Benjamin Cowen tells his 808,000 YouTube subscribers that if ETH were to spark a rally, it would not surpass the $3,000 price level based on previous market cycles.
“ETH has been going down since March, so my guess is that if...
The largest non-exchange holder of Solana (SOL)-based memecoin dogwifhat is continuing to accumulate WIF, according to on-chain data.
Blockchain tracking firm Lookonchain says the Solana address that begins with “mmEAfW” has recently accumulated hundreds of thousands of WIF.
“The largest holder of WIF spent 1.54 million USDC to buy 800,556 WIF at $1.92 again!
This whale currently holds 28...
A closely followed crypto strategist believes that overleveraged Bitcoin (BTC) bears are about to get wiped out.
The anonymous host of the YouTube channel InvestAnswers says he sees a short squeeze coming for BTC.
A short squeeze happens when traders who borrow an asset at a certain price in hopes of selling it for lower to pocket the difference are forced to buy back the assets they borrowed as...
Fundstrat’s Tom Lee says that financial markets are currently betting on a Donald Trump victory this November.
In a new interview with CNBC, Lee says that markets believe that Trump’s odds of winning are higher than what the traditional polls show.
“To an extent, I think that the markets are believing Trump’s probabilities of winning are stronger than the what the polls are showing.
But I think...
The founder of investment firm SkyBridge Capital says that Bitcoin (BTC) is not yet a store of value today but envisions Wall Street’s “selling machine” eventually promoting the crypto king.
In a new interview on CNBC Squawk Box, Anthony Scaramucci says that it’s too early to brand the top crypto asset by market cap as a store of value.
“I don’t see Bitcoin as a store of value today. I still see...
British banking giant Starling Bank has apologized to a client after reportedly blocking his money transfer and forcing him to jump through a series of “absurd” hoops.
Academic and professor John MacInnes says Starling froze a transfer of about $16,789 that he was making to a friend in Austria who he’s known for over 20 years, the Guardian reports.
The bank immediately blocked the payment as “...
The U.S. Department of Justice (DOJ) says stablecoin issuer Tether has helped authorities recover funds stolen for victims of a prevalent crypto investment scam.
In a statement, the Justice Department announces the seizure of nearly $5 million worth of the stablecoin USDT that were traced to wallets allegedly used to launder the proceeds of pig butchering.
Bad actors involved in the scheme spark...