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A widely followed crypto analyst says that one Ethereum (ETH) competitor looks solid while updating his outlook on Bitcoin (BTC) and Fartcoin (FARTCOIN). In a new thread, pseudonymous crypto trader Altcoin Sherpa tells his 254,800 followers on X that smart contract platform Solana (SOL) looks solid as it makes its way toward the $250 level. “$250 is the area to break but things are looking pretty solid. Would stay long until shown otherwise.” Source: Altcoin Sherpa/X Solana is trading for $248 at time of writing, a 1.5% increase on the day. Moving on to the top crypto asset by market cap, the trader says BTC looks bullish and its next stops will be the $120,000 price tag and then new all-time highs (ATHs). “BTC next two regions up, $120,000 and then ATH regions. Bullish until shown otherwise.” Source: Altcoin Sherpa/X BTC is trading for $117,413 at time of writing, a 1.4% increase on the day. Concluding his Analysis with the meme as...

Following the conclusion of the SEC and Ripple Labs lawsuit , the latter’s native XRP cryptocurrency is surging in price. The coin is up over 7% in the past week and saw a 12% surge on Friday. In addition, with numerous pending applications from investment firms, the odds of approval for an XRP ETF are rising, according to Bloomberg experts. Indeed, the highly anticipated launches could very well come before 2025 is over. The odds of Spot XRP ETF approval recently fell by 65%. The drop was reportedly due to SEC Commissioner Caroline Crenshaw’s consistent opposition to crypto ETFs, which worried several investing experts. However, Bloomberg senior ETF analyst Eric Balchunas says the reaction was overblown, reaffirming his projections. Since then, sentiment has reversed sharply, with the approval likelihood now surging to around 88%. “Interesting, trades reporting how Polymarket odds of XRP ETF approval went down to 62% after the votes were disclosed, showing Crenshaw voting no, but...

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Bitcoin (BTC) rallied 7.41% in the last seven days and is, at press time on April 15, changing hands at $85,753.  The week also featured two dramatic moves, with the first seeing a plunge near $75,000 and the other a subsequent 15% recovery. BTC one-week price chart. Source: Finbold Despite the positivity, the world’s premier cryptocurrency appears poised for another downward shift. Technical Analysis (TA) based on both the hourly and four-hour charts indicates a correction is imminent. Specifically, the prominent on-chain analyst Ali Martinez issued a cautionary X post on April 15, warning that TD Sequential is flashing a sell signal: Caution ahead! The TD Sequential is flashing sell signals for #Bitcoin $BTC on both the 1-hour and 4-hour charts. TD Sequential issues Bitcoin crash signal. Source: Ali Martinez TD Sequential is a technical Analysis tool that uses an asset’s performance over time to determine whether the prevailing trend wil...

Bitcoin’s new high surpasses its previous all-time high of $108,000 reached in December President-elect Donald Trump was once critical of Bitcoin, claiming it seemed “like a scam” On the eve of his inauguration, Trump and Melania Trump launched their memecoins Bitcoin soared to new heights, hitting over $109,000 ahead of President-elect Donald Trump’s inauguration. The number one crypto asset reached its all-time high on January 20 as market sentiment remains optimistic about Trump’s plans for the crypto industry. The new high surpasses its previous record of more than $108,000 achieved in December. Data from TradingView shows Bitcoin topped $109,036 around 6:55 am before dropping to $107,000 a few minutes later. BTC/USD Chart by TradingView Trump mentioned Bitcoin in a Sunday speech, highlighting its record performance since the US election. “Since the election, the stock market has surged and small business optimism h...

Bitcoin reached a record high of over $76,000, achieving this milestone shortly after breaking past $75,000. This surge is partly attributed to positive sentiment following Donald Trump’s reelection, with many in the cryptocurrency community expressing support for his return to the White House. This optimism appears to be driving Bitcoin’s upward trajectory and boosting investor confidence. This latest high has also spurred gains across other cryptocurrencies, lifting the broader digital asset market. Investors are eyeing this momentum as an opportunity, seeking promising assets for potential returns. This article analyzes the best cryptocurrencies to invest in right now. Best Cryptocurrencies to Invest in Right Now THORChain has recently partnered with Ledger to boost its decentralized swap functionality, allowing users to perform secure, non-custodial swaps. Meanwhile, Theta Labs has formed a multi-year partnership with the University of Oregon’s Distopia Laborato...

Bitcoin (BTC) has surged 7% over the last two weeks, rallying from $59,400 to $69,300. This sharp recovery has reignited market optimism, with an analyst identifying several key factors suggesting a potential bullish breakout for Bitcoin. With the U.S. Presidential election just two weeks away, traders and analysts are closely watching how key events, such as the election and historical price cycles, might trigger Bitcoin’s next significant move. Notably, an Analysis by TradingShot leverages the Mayer Multiple Band, with Bitcoin hinting at a possible bullish breakout that aligns closely with its established four-year cycle pattern. Picks for you Gold is now most overbought in 5 years; Is it time to sell? 59 mins ago VALR launches Fu...

Ripple’s XRP has been making headlines due to its legal battle with the Securities and Exchange Commission (SEC). The asset’s weekly streak took a hit as it dipped by nearly 2% over the past 24 hours. At press time, the altcoin was trading at $0.5442 after it dropped from a high of $0.5537. Also Read: BRICS Pay: Exclusive Video of New Payment System Released Source In addition, XRP’s trading volume has decreased by 19.46% throughout this period to around $1.14 billion. This sharp decline in volume indicates that there is little trading activity and that the market is experiencing negative sentiment. This drop in price comes during a major transfer. An XRP whale moved over 28 million tokens from their secret wallet to Bitso, a cryptocurrency trading company, according to Whale Alert. Based on the price of XRP at the time of the transaction, these tokens are projected to be valued at around $15 million. Despite this, it should be noted that October is a bullish month. As...

As Bitcoin (BTC) consolidates below $60,000, a cryptocurrency trading expert has pointed out that the digital asset still has the potential to reach the coveted $100,000 valuation in the near term.  This projection is based on Bitcoin’s adherence to structural patterns similar to past cycles, which it has followed with remarkable precision. Notably, the analyst TradingShot , in a TradingView post on September 2, noted that the asset could reach new highs based on technical analysts and exterior catalysts.  One of the most critical aspects of the Analysis is the one-week moving average (MA50), which has served as a strong support level during key moments in previous Bitcoin cycles. Notably, cryptocurrency’s price recently tested this level in early August and successfully held above it, aligning with historical patterns seen just before the asset entered a parabolic rally. Picks for you ...

With the cryptocurrency market recovering from the recent flash crash, some analysts maintain that investors should anticipate a possible blow-off top in the coming weeks. In this context, OpenAI’s advanced artificial intelligence (AI) tool ChatGPT-4o has outlined a detailed timeline for a potential blow-off top in the cryptocurrency market in 2024. Notably, a “blow-off top” refers to a rapid and significant price surge followed by a steep decline, often driven by market sentiment, economic factors, regulatory changes, and other influences. Factors influencing the crypto market blow-off top The AI tool initially explored elements likely to influence a possible blow-off top in 2024. Market sentiment and fear of missing out (FOMO) play significant roles. Notably, it noted that these elements can drive prices up as investors increase their investments. Picks for you ...