Author: Benjamin Lee
Blockchain tracking firm Lookonchain says one savvy crypto trader is looking at $17.64 million in profits from four artificial intelligence (AI) related digital assets. According to Lookonchain, one anonymous trader raked in multi-million dollar profits on each of the following digital assets that are on the Solana (SOL) network: Goatseus Maximus (GOAT), ai16z (AI16z), Fartcoin (FARTCOIN) and AI Rig Complex (ARC). “What a smart AI coin trader! Profits exceeded $5.14 million on GOAT. Profits exceeded $4.5 million on ai16z. Profits exceeded $4 million on Fartcoin. Profits exceeded $4M on Arc.” Lookonchain says the trader made a more than 8,287% gain…
Three low-cap altcoins are surging after the top global crypto exchange Binance, rolled out support for them. In a new announcement, Binance says that it is adding futures contracts for COOKIE, the utility token for the marketing finance (MarketingFi) ecosystem Cookie DAO, artificial intelligence (AI) focused project Alchemist AI (ALCH) and AI agent-related project Swarms (SWARMS). Amid the listing news, COOKIE surged by double percentage points. COOKIE is trading for $0.64 at time of writing, up 11.1% in the last 24 hours. With a market cap of $185.8 million, COOKIE is the 413th largest crypto project. Meanwhile, Alchemist AI is…
A crypto analyst who nailed Bitcoin’s pre-halving correction last year believes BTC is poised for more rallies after flashing bullish signals on multiple time frames. Pseudonymous analyst Rekt Capital tells his 527,600 followers on the social media platform X that Bitcoin will likely continue its uptrend after flipping a previous resistance level into support on the three-month time frame. The trader shares a chart showing how Bitcoin cemented the $60,000 level as support in Q4 of 2024, putting BTC in a position to soar to even greater heights. “Post-breakout quarterly retest and trend continuation confirmed.” Source: Rekt Capital/X Zooming in,…
Ethereum (ETH) co-creator Vitalik Buterin is suddenly selling off dozens of digital assets, including Neiro (NEIRO) and other memecoins. According to market analytics platform Arkham Intelligence, Buterin has sold Dogecoin (DOGE) and a number of other smaller market cap, lesser-known digital assets on Monday. Pseudonymous on-chain analyst EmberCN provides a list of the Buterin sales on the social media platform X identifying 28 memecoins that sold for nearly $1 million in total The sales include 70 million Neiro for $74,095, and 92,000 DOGE for $35,233. The on-chain analyst says it appears Buterin is consolidating his holdings to send donations to his…
Non-custodial crypto wallet Phantom just issued a statement denying rumors that it will have a token airdrop. Last month, Phantom announced that it would be making the wallet more social by enabling users to customize their profile and search for and follow friends. In a post on social media platform X, the popular wallet with about seven million monthly active users says the rollout of the social discovery feature will not involve a token airdrop, and that it’s not looking to issue its own coin. Phantom issues the statement amid rumors that users will receive tokens for following other accounts…
Real Vision CEO and former Goldman Sachs executive Raoul Pal says one Solana (SOL) rival is about to enter “hyperspace” after cracking a critical resistance. Pal tells his 1.1 million followers on the social media platform X that layer one blockchain Sui (SUI) is set for breakout rallies after shattering through its all-time high near the $5 level. “SUI pressing its nose against the ceiling… after this, it should go into hyperspace.” Source: Raoul Pal/X Since Pal’s post, SUI has rallied and is trading at $5.28 at time of writing. Looking at Solana, the investor says he’s also bullish on…
A crypto strategist and trader is laying out his predictions for the digital asset market for the first few months of the year, including his Q1 outlook for Ethereum (ETH). The analyst pseudonymously known as Inmortal tells his 222,400 followers on the social media platform X that he thinks Ethereum is gearing up for rallies this quarter. The trader believes that ETH is about to follow in the footsteps of its Q1 2024 price action. “ETH about to have a good Q1.”‘ Source: Inmortal/X Looking at the trader’s chart, he seems to predict that ETH will hit a new all-time…
A closely followed analyst believes that crypto is gearing up to witness the highly anticipated altcoin season as the market gives off a reading seen only twice in eight years. Pseudonymous analyst TechDev tells his 493,800 followers on the social media platform X that altcoins are poised to outperform Bitcoin (BTC) based on historical data. The crypto strategist shares a chart to show that in 2017 and 2021, altseason happened when Bitcoin printed a new six-month candle after surpassing the cycle’s all-time high. “This has been the candle that altcoins make the moves many wait four years for.” Source: TechDev/X…
Cryptocurrency analyst and trader Michaël van de Poppe believes the altcoin market correction may come to an end just weeks into 2025. In a new video update, Van de Poppe tells his 169,000 YouTube subscribers that he expects the TOTAL3 chart to soon witness a bullish reversal on the weekly chart. The TOTAL3 chart tracks the market capitalization of all crypto assets excluding Bitcoin (BTC), Ethereum (ETH) and stablecoins. “When you look at the altcoin markets in the sense that you’re looking at the TOTAL3, for instance, which is the altcoin market cap in USDT valuation, then at this point…
A widely followed crypto trader is issuing a warning on two artificial intelligence (AI)-based altcoins, saying that history shows a 50% drop would be the best-case scenario for them. In a new thread on the social media platform X, pseudonymous crypto analyst Altcoin Sherpa tells his 237,500 followers on the social media platform X that AI-focused projects ai16z (AI16z) and Zerebro (ZEREBRO) being listed on Binance futures is likely a sell-on-news event. According to Sherpa, recent history shows that when assets are listed on Binance futures, they tend to see sharp decreases in price. The trader cites memecoins Fartcoin (FARTCOIN),…