Author: Benjamin Lee
The world’s largest crypto alternate platform by quantity is along with help for a mannequin new decentralized gaming altcoin, launching a price explosion. In a mannequin new announcement, Binance says it’s along with help for Nexpace (NXPC), a merely at present launched blockchain-based gaming ecosystem related to the favored South Korean MMORPG (massively multiplayer on-line role-playing sport) MapleStory. “Binance is joyful to announce that Nexpace (NXPC) is liable to be added to Binance Simple Earn, ‘Purchase Crypto,’ Binance Convert, and Binance Margin.” In response to its official whitepaper, NXPC shouldn’t be going to be solely the token used for paying…
Coinbase, the largest crypto exchange in the US, has announced the possibility of listing a gold-pegged stablecoin. In a new post on the social media platform X, Coinbase says it’s added PAX Gold (PAXG) to its listing roadmap. A placement on Coinbase’s roadmap doesn’t guarantee a future listing, but it announces the potential for it to be listed in order to promote transparency and prevent possible insider trading. PAX Gold is an Ethereum (ETH)-based token backed by physical gold and issued by blockchain infrastructure platform Paxos. Says the project, “PAXG offers investors a cost-effective way to own investment-grade physical gold…
A widely followed crypto analyst says that the market is gearing up for a reversal after making a strong move to the upside. In a new thread, pseudonymous crypto trader Crypto Capo tells his 132,000 followers on the instant messaging app Telegram that taking profits may be the optimal play as altcoins look primed to crash after a sharp increase. “Analysis has been playing out as expected. Very strong bullish move. Bitcoin reached $98,000 and went even higher (deviation above probably). Ethereum has reached $2,300. Solana is also at the $170-200 main resistance. Altcoins have pumped 30%-100% What now? I’m…
Digital asset investment vehicles are setting record yearly flows after a month of inflows, according to leading crypto asset management firm CoinShares. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says that crypto exchange-traded products (ETPs) enjoyed nearly a billion dollars in inflows last week alone. “Digital asset investment products recorded a fourth consecutive week of inflows, totaling US$882m globally. Year-to-date (YTD) inflows now stand at US$6.7bn, approaching the US$7.3bn peak reached in early February this year. We believe the sharp increase in both prices and inflows is driven by a combination of factors: a global rise in…
A widely followed analyst believes that altcoins are about to explode while massively outperforming Bitcoin (BTC). Crypto strategist Michaël van de Poppe tells his 786,000 followers on the social media platform X that he sees altcoins igniting a strong uptrend that could last for many weeks. According to the analyst, the altcoin market cap versus Bitcoin (TOTAL3/BTC) chart is flashing a bullish divergence, indicating that alts are poised to steal the crypto king’s thunder. TOTAL3 tracks the total market cap of crypto, excluding Bitcoin, Ethereum (ETH) and stablecoins. Meanwhile, a bullish divergence suggests that buying momentum is rising even though…
A leading real-world asset platform with nearly $4 billion in tokenized securities under management is partnering with VanEck to launch the global investment firm’s first tokenized fund. In a new press release, VanEck announces the launch of VanEck Treasury Fund (VBILL) in partnership with Securitize. VBILL is available for use on Avalanche (AVAX), BNB Chain (BNB), Ethereum (ETH) and Solana (SOL), all layer-1 blockchains. Says Carlos Domingo, Co-Founder and CEO of Securitize, of the partnership, “We are proud to continue enhancing how investors access tokenized securities. This collaboration merges the best of Securitize’s fully integrated tokenization model with VanEck’s deep expertise…
A widely followed analyst believes that crypto is poised to replicate a bubble witnessed in the late 1990s, triggered by a surge in internet adoption. Trader Michaël van de Poppe tells his 785,900 followers on the social media platform X that he’s extremely bullish on the crypto market as mainstream institutional players begin to embrace the asset class. According to Van de Poppe, conditions in the crypto market are reminiscent of the Dot-com era, when tech and web-based firms saw their valuation skyrocket as investors piled in and became overexuberant on the emerging sector. “All I know: This is the…
A widely followed crypto analyst says one stablecoin metric will likely indicate when Bitcoin (BTC) and other digital assets will enter a downtrend. In a new video update, crypto strategist Jason Pizzino tells his 351,000 YouTube subscribers that the price of Bitcoin and other crypto assets could be negatively impacted if the USDT dominance (USDT.D) chart does not soon dip below the 3.7% support level. A bullish USDT dominance, the ratio of USDT’s market cap relative to the rest of the crypto assets, is generally considered bearish for Bitcoin and other cryptocurrencies as it indicates traders are unloading their crypto…
An under-the-radar Nasdaq-listed company is reportedly raising hundreds of millions of dollars to acquire crypto assets, including Official Trump (TRUMP), the President’s own meme token. According to a new report from The Wall Street Journal, GD Culture Group – a New York-based artificial-intelligence (AI) software firm with a market value of about $26 million – has raised $300 million to purchase digital assets such as Bitcoin (BTC) and TRUMP. The report says that the firm’s main investor is based in the British Virgin Islands, but no specific entity or person was named. The deal appears to be structured as an…
A widely followed crypto strategist thinks that one layer-1 platform is closely following in the footsteps of Solana’s (SOL) 2021 bull market rampage. Pseudonymous analyst Kaleo tells his 698,600 followers on the social media platform X Sui’s (SUI) price action over the last two years looks very similar to SOL’s 2020-2021 market structure. In 2021, Solana exploded and rallied by about 300% in just three months after shattering its resistance at $55. Says Kaleo, “SUI looks primed for a move similar to the one SOL made in the Fall of 2021. SUI has been the emerging layer-1 market leader this…