Author: Benjamin Lee

A widely followed cryptocurrency analyst believes one Dogecoin (DOGE) and Shiba Inu (SHIB) competitor is gearing up for a huge upside burst. The analyst pseudonymously known as Bluntz tells his 307,800 followers on the social media platform X that FLOKI (FLOKI) is primed to go up by at least 114% from its current level. Based on the widely followed analyst’s chart, it appears he is suggesting that FLOKI has almost completed an inverse head-and-shoulders pattern on the weekly time frame. In technical analysis, inverse head-and-shoulders patterns suggest that an asset may be poised to rally after printing a bullish higher-low…

One savvy crypto trader and deep-pocketed investor is drawing attention for making huge profits trading meme token Pepe (PEPE). Blockchain tracking firm Lookonchain says an anonymous trader moved 427 billion Pepe tokens worth $8.5 million at the time of the transfer to US-based crypto exchange Kraken where the crypto trove could potentially be sold on the open market. Meanwhile, the whale continues to hold one trillion PEPE worth $18.4 million at the time, showing a profit of about $2 million. According to Lookonchain, the same trader just last month gained millions of dollars in profit by selling all his Pepe…

The world’s largest crypto exchange by trading volume is adding support for the recent migration of a popular blockchain game. According to a new announcement from Binance, the exchange will kick off trading services for the Mines of Dalarnia’s transition to Dar Open Network (D) starting tomorrow. “Fellow Binancians, Binance is excited to announce that Dar Open Network (D) will be added to Binance Simple Earn, ‘Buy Crypto’, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures at the respective dates and timings listed below… D Flexible Products will be listed on Binance Simple Earn at 2025-01-09 08:00 (UTC) and…

Ripple president Monica Long thinks additional crypto exchange-traded fund (ETF) approvals will usher in another big year for digital assets in 2025. Long predicts in a new interview with Bloomberg Crypto that “various crypto spot ETFs” will receive a seal of approval in the US this year. The Ripple president also says payments-focused altcoin XRP is “likely to be the next in line” in terms of ETF approvals. Multiple ETF providers filed Form S-1 registration statements for XRP ETFs with the Securities and Exchange Commission (SEC) last year, including Bitwise Asset Management, 21Shares, Canary Capital and WisdomTree. The SEC greenlit…

A gaming blockchain built over Ethereum (ETH) is joining forces with a crypto conversion service to streamline how traders purchase non-fungible tokens (NFTs) and digital assets. According to a new press release, play-to-earn gaming platform Ronin (RON) is inking a partnership with Transak, a platform that lets investors purchase NFTs and the ecosystem’s tokens using debit and credit cards, just like they would purchase anything else online. “Transak’s fiat-to-crypto infrastructure is now live on Ronin, offering users a seamless way to purchase RON, USDC, WETH (Wrapped Ethereum) and SLP (Smooth Love Potion) directly with fiat currencies using credit cards, debit…

Ethereum (ETH)-based games developer Illuvium (ILV) just announced that it is joining hands with Virtuals Protocol, a platform that allows users to create their own artificial intelligence (AI) agents that are capable of performing tasks autonomously. In a series of posts on social media platform X, Illuvium says the partnership will allow it to tap on Virtuals’ GAME Framework, the protocol’s decision-making engine that enables AI agents to autonomously execute actions based on provided information. “We’re leveraging http://Virtuals.io’s modular framework to create autonomous, decision-making NPCs (non-playable characters) that enhance gameplay and interactions.” Illuvium is optimistic that the collaboration will place…

A widely followed cryptocurrency trader is leaning bullish on a large-cap Ethereum (ETH) challenger, believing that the altcoin is still in an uptrend. The trader pseudonymously known as Altcoin Sherpa tells his 238,400 followers on the social media platform X that Solana (SOL) is primed to go “much higher” over the coming weeks and months. The pseudonymous analyst, however, says that Solana will only rally if Bitcoin (BTC) remains “stable”. According to analysts, any solid pullback by Solana should offer an attractive entry opportunity. Source: Altcoin Sherpa/X Looking at the trader’s chart, he seems to suggest that SOL will meet…

Analyst and trader Kevin Svenson believes that the most explosive phase of the cycle for altcoins is still to come. In a new strategy session, Svenson tells his 81,300 YouTube subscribers that based on historic precedence the TOTAL3 chart may soon have an astronomical breakout. The TOTAL3 chart tracks the market capitalization of all crypto assets excluding Bitcoin (BTC), Ethereum (ETH) and stablecoins. “[In 2021] Bitcoin got to a really high price and just started chopping. And when it was chopping around, the TOTAL3 went to the moon.” Source: Kevin Svenson/YouTube Svenson predicts that the most explosive season for the…

A closely followed analyst believes the meme token Floki (FLOKI) is gearing up for rallies en route to fresh all-time highs (ATHs). Pseudonymous analyst Bluntz tells his 306,200 followers on the social media platform X that FLOKI appears to have completed an ABC correction on the daily chart. Bluntz uses the Elliott Wave theory, which states that a bullish asset tends to ignite a five-wave upside move after completing an ABC retracement. “FLOKI is another major meme looking turbo bullish in my opinion and heading to ATHs. Price action from the November highs looking like another high timeframe ABC with…

BitMEX founder Arthur Hayes says there will come a time this year when he will start moving capital out of the risk curve into select altcoins. In a new essay, Hayes says that the digital asset industry may experience a “letdown” by incoming President Trump if he ultimately isn’t as pro-crypto as he campaigned, sending market prices down. However, he says that such a situation – if it occurs – can easily be balanced out by a new flood of fresh liquidity, likely from the Treasury and Federal Reserve. “Trump on his proposed pro-crypto and pro-business legislation can be covered…