Author: Benjamin Lee
Institutional interest drives the VIRTUAL rally. Chaikin Money Flow signals strong capital inflows. The price pattern shows a bullish formation. While most digital assets struggled to maintain direction in April, VIRTUAL emerged as one of the few cryptocurrencies to post sharp gains. The token has rallied 183% since April 1, making it the top-performing asset in the crypto space during a month marked by subdued sentiment and low volatility. With its price up 22% in the last 24 hours alone, investor attention has turned to the technical indicators, suggesting further upside may be on the horizon. The rally comes amid…
Coinbase, the biggest crypto trade within the US, has introduced the opportunity of itemizing Sam Altman’s World Community (WLD). In a put up on the social media platform X, Coinbase says it’s added the mission’s native token WLD to its itemizing roadmap. Being added to Coinbase’s roadmap doesn’t assure a future itemizing, but it surely pronounces the potential for it to be listed so as to promote transparency and stop doable insider buying and selling. World Community, lately rebranded from “Worldcoin,” goals to create digital identities for everybody on earth by confirming their humanity with eye-scanning “orbs.” After scanning their…
The top stablecoins are booming on the layer-1 blockchain Tron (TRX), according to the crypto tracker Lookonchain. Lookonchain notes that the value of USDT and USDC on Tron surged by $2.17 billion in the past week. USDT and USDC are the top two stablecoins by market cap, respectively. The stablecoin issuer Tether minted another 1 billion USDT on Tron on Monday alone, bringing the total supply of USDT on the chain to $71.7 billion, according to the crypto tracker. Tether has minted 12 billion worth of the top stablecoin since the end of January. Lookonchain also says the value of…
A closely followed analyst believes that the crypto markets are primed for a corrective move following strong rallies over the past couple of weeks. Pseudonymous analyst Altcoin Sherpa tells his 245,200 followers on the social media platform X that he thinks “a dip is going to come soon,” but he doesn’t see any reason to be super bearish once the correction takes place. According to the analyst, a correction should provide an opportunity for investors to enter the crypto market before another leg up. Should a marketwide pullback materialize, Altcoin Sherpa says he plans to accumulate five altcoins. “Coins I…
One of the top stock exchanges in the world has filed to list a spot-based exchange-traded fund (ETF) for the original memecoin. Nasdaq has officially submitted an application to the U.S. Securities and Exchange Commission (SEC) to list a Dogecoin (DOGE) ETF that will be sponsored by 21Shares, a financial firm specializing in crypto investments. Earlier this month, 21Shares teamed up with the corporate arm of the Dogecoin Foundation, House of Doge, for an initiative to launch DOGE exchange-traded products (ETPs) globally. Said Jens Wiechers, Advisory Board Member at House of Doge and Co-Executive Director of the Dogecoin Foundation, at…
Crypto trader Michaël van de Poppe believes that altcoins are primed for a bull run following an extended bear winter. Van de Poppe tells his 784,800 followers on the social media platform X that three tailwinds are pushing crypto prices higher. At the top of his list is that financial conditions are starting to ease across the world, which he says is highly favorable for risk-on assets such as altcoins and Bitcoin (BTC). “Liquidity is increasing, and therefore, Bitcoin is expected to go up… China has started firing up QE (quantitative easing), Europe has lowered the interest rates and we’re…
Crypto trader Michaël van de Poppe believes that altcoins are primed for a bull run following an extended bear winter. Van de Poppe tells his 784,800 followers on the social media platform X that three tailwinds are pushing crypto prices higher. At the top of his list is that financial conditions are starting to ease across the world, which he says is highly favorable for risk-on assets such as altcoins and Bitcoin (BTC). “Liquidity is increasing, and therefore, Bitcoin is expected to go up… China has started firing up QE (quantitative easing), Europe has lowered the interest rates and we’re…
Crypto trader Michaël van de Poppe believes that altcoins are primed for a bull run following an extended bear winter. Van de Poppe tells his 784,800 followers on the social media platform X that three tailwinds are pushing crypto prices higher. At the top of his list is that financial conditions are starting to ease across the world, which he says is highly favorable for risk-on assets such as altcoins and Bitcoin (BTC). “Liquidity is increasing, and therefore, Bitcoin is expected to go up… China has started firing up QE (quantitative easing), Europe has lowered the interest rates and we’re…
Crypto trader Michaël van de Poppe believes that altcoins are primed for a bull run following an extended bear winter. Van de Poppe tells his 784,800 followers on the social media platform X that three tailwinds are pushing crypto prices higher. At the top of his list is that financial conditions are starting to ease across the world, which he says is highly favorable for risk-on assets such as altcoins and Bitcoin (BTC). “Liquidity is increasing, and therefore, Bitcoin is expected to go up… China has started firing up QE (quantitative easing), Europe has lowered the interest rates and we’re…
Crypto trader Michaël van de Poppe believes that altcoins are primed for a bull run following an extended bear winter. Van de Poppe tells his 784,800 followers on the social media platform X that three tailwinds are pushing crypto prices higher. At the top of his list is that financial conditions are starting to ease across the world, which he says is highly favorable for risk-on assets such as altcoins and Bitcoin (BTC). “Liquidity is increasing, and therefore, Bitcoin is expected to go up… China has started firing up QE (quantitative easing), Europe has lowered the interest rates and we’re…