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A widely followed crypto analyst is keeping an eye on Bitcoin (BTC) and altcoins as the crypto markets rage. Crypto trader Michaël van de Poppe tells his 697,000 followers on the social media platform X that the altcoin markets are about to explode. The analyst uses the blockchain data provider Covalent (CQT) as an example. “The rotation towards altcoins is likely going to happen. CQT is breaking out as we’re reaching a new yearly high.  Has standard 20-40% dips -> opportunities, but my expectations are that this is likely to continue to $0.75 in the coming period.” Source: Michaël van de Poppe/X CQT is worth $0.373 at time of writing, up 3% in the last week. Next, the analyst predicts that the rising altcoin markets could push Ethereum (ETH) up to $5,000. “Altcoin market capitalization is slowly moving upwards. The upside could be captured on Bitcoin, meaning a rotation towards altcoins. Therefore, Ethereum to $4,500-5,000 is li...

In his recent update, Alessandro De Crypto, well-known for his crypto expertise, discusses the current status of Sponge V2. He highlights that Sponge V2 is still active and encourages potential investors to explore the opportunity of investing in this meme coin for potential high returns. The popular meme coin $SPONGEV2 has now reached a total staked and bridged value of $12 million after introducing the V2 Polygon network version earlier this month. Sponge V2 – Redefining meme coins with Play-to-Earn and staking mechanics One of the primary concerns with meme coins is their lack of practical use. However, the new Sponge V2 token tackles this issue with an intriguing Play-to-Earn game and staking Features , making it appealing to both meme coin enthusiasts and cautious investors. Its strong performance history adds to its appeal. Sponge debuted in May 2023 alongside Pepe and quickly reached a market cap of $100 million, resulting in early investors enjoying a remarkable 100x...

With the price of Bitcoin (BTC) already well above the critical psychological level of $60,000, even briefly touching $63,630 before retracing in the $62,000 area, and most of its holders in profit, many are wondering when would be the right time to sell the maiden cryptocurrency in their possession. For now, holders should sit tight on their Bitcoin, waiting for it to hit the new all-time highs (ATH) in the range between $75,000 and $150,000, according to the observations shared by pseudonymous crypto trading analyst CryptoJelleNL in an X post on February 29. Bitcoin price action analysis and advice. Source: CryptoJelleNL Indeed, as CryptoJelleNL explained, the flagship decentralized finance (DeFi) asset is “almost entering the red box” that suggests “sell Bitcoin,” six months after the crypto expert originally shared it, albeit at slightly higher price targets that don’t recommend selling Bitcoin before it reaches $92,000. Picked for you How much is the CEO of ARK ...

Bitcoin price crossed the $64,000 mark on Wednesday February 28, to hit its highest level since October 2021. The top cryptocurrency’s value rose more than 12% in the 24 hours to hit highs of $64,100 on Coinbase. However, prices fell sharply to touch lows of $58k as $100 million in BTC liquidations hit the market in one hour. Over the past 24 hours, total liquidations across the crypto market reached over $630 million – with Coinglass data showing short sellers rekt for over $355 million and longs for $280 million. The $6,000 dip happened as users reported problems with their Coinbase accounts – balances showed $0. Coinbase support did acknowledge the problem and BTC price swiftly moved back above $60k. Prices hovered near $61,300 at the time of writing. We are aware that some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling. Our team is investigating this & will provide an upd...

The cryptocurrency market is showing signs of entering the early stages of a bull run. Bitcoin (BTC), the largest cryptocurrency by market cap, has reclaimed the $56k price point, a level not seen since December 2021, over two years ago. BTC’s rally has trickled down to other altcoins as well. Ripple’s XRP token has rallied 4.3% in the daily charts, 5.5% in the 14-day charts, and 5% over the previous month. Source: CoinGecko Also Read: Ripple : How Much XRP You Need to Make $1M if Price Hits $11.26, $28.20, $56.55? Despite the latest rally, XRP struggles to overcome the $0.55 barrier. The asset faces significant resistance at this level, and the ongoing lawsuit between the SEC (Securities and Exchange Commission) and Ripple is not doing the asset any good. Will Ripple’s XRP hit $1 in March? Source – ZyCrypto According to CoinCodex, XRP could surge to $0.74 on Mar. 2, 2024, a rise of about 34.5% from current levels. However, the platform does not exp...

The total trading volume of all Spot Bitcoin ETFs on the market has surpassed $3 billion for the second day in a row. The hype around Bitcoin continues as the leading cryptocurrency surges on. JUST IN: Total spot #Bitcoin ETF trading volume surpasses $3 billion for the second day in a row: • BlackRock: $1,323,940,885 • Grayscale: $799,160,227 • Fidelity: $576,812,680 • Ark Invest: $203,762,725 • Bitwise: $78,165,380 • Invesco: $41,289,809 • Franklin:… — Watcher.Guru (@WatcherGuru) February 27, 2024 The last two days have seen BTC surge massively, surpassing the $57,000 mark to bring Bitcoin to its highest level since November of 2021. BlackRock once again led the pack, trading over $1.3 billion. IBIT also saw 100,000 individual trades on Tuesday. Just 24 hours ago, the total Bitcoin ETF trading volume passed the $3.24 billion mark. Here is how the top Bitcoin ETF products traded closing out Tuesday at the bell: •...

In the dynamic crypto currency landscape, each opened short position leaves liquidity pools behind, which can cause short squeeze s. Therefore, traders can look for crypto currencies with an increased volume of shorts for potential pump opportunities. The crypto market has shifted to a dominating bullish sentiment amid a notable rally. However, some cryptocurrencies are still attracting bearish short-sellers, which can soon become market makers’ targets. Finbold gathered data from CoinGlass on February 27 to analyze the derivatives market. In particular, we found two potential cryptocurrencies for a short squeeze next week due to relevant liquidity pools upwards. Picked for you New crypto opportunity at $0.44 for investors who missed AXS and ILV soar 1 hour ago 3 crypto currencies under $0.10 to buy this week 3 hours ago ChatGPT 3.5 vs. ChatGPT-4 Bitcoin price prediction for end of 2024 3 hours ago Brace for strong XRP surge; Here’s why 3 hours ago ...

Deposits to notorious crypto privacy tool (and hacker-favorite) Tornado Cash may be at risk after malicious code was reportedly introduced to certain user interfaces. According to a report by ZeroTwoDAO, published on Sunday: “If you have deposited to Tornado Cash using IPFS gateways (like ipfs.io, cf-ipfs.com, eth.link), your note would likely be exposed and the deposited funds are at risk.” It looks like some Tornado Cash UIs (eg https://t.co/JlgMXo60xT) inject malicious code for 100 ETH deposits. Also, there are some suspicious proposals: – https://t.co/dgB7tQHThS – https://t.co/N147u0WTMW Investigation ongoing. pic.twitter.com/80ZqgdMCSJ — sudo rm -rf –no-preserve-root / (@pcaversaccio) February 24, 2024 Read more: DeFi has rough weekend with Aave and Tornado Cash chaos  The report goes on to explain that user interfaces hosted via the peer-to-peer Interplanetary File System (IPFS) contain ‘ malicious javascript code’ that was...

Dogecoin has gained significant popularity as a meme coin, serving as an inspiration for a multitude of other animal-themed cryptocurrencies. These meme coins, as their name implies, were initially created as a lighthearted joke. However, they have experienced a remarkable surge in popularity in recent times. In an attempt to participate in the meme coin frenzy, many users have shown interest in joining this growing trend. Dogecoin played a pivotal role in initiating the meme coin craze and subsequently inspired the development of various coins that aim to emulate its success. With numerous users getting their hands on Dogecoin , a question arises about how high DOGE can go in March. With the whole market trading in green, here is our price prediction for March 2024. Also read: Cryptocurrency: 3 Coins That Could Surge in March Dogecoin Price Prediction March Various factors, such as market conditions, price action, developments, supply, and use cases, will ...

Four coins have distinguished themselves as top gainers in today’s market. Mantle Network, the pioneer of an innovative L2 technology for Ethereum scalability, had a substantial 20.40% price surge in the last 24 hours. In parallel, The Sandbox reshapes the gaming landscape with its blockchain-based virtual world, marking a 4.05% price increase and maintaining commendable liquidity. Meanwhile, Chromia empowers developers with its relational architecture, boasting a 7.33% surge and outperforming 80% of top assets over the past year. Decentraland emerges as a decentralized digital asset creation and trade hub, registering a recent 7.98% surge. Let us explore these projects to understand their technical intricacies and impact on cryptocurrency. Biggest Crypto Gainers Today – Top List As the saying goes, “In the world of crypto, volatility is the norm,” and today is no exception. With a total trading volume of $ 212.28B in the last 24 hours, the market sentiment r...

A closely followed crypto analyst says Dogecoin (DOGE) may be on the verge of repeating a pattern that could send the top memecoin on a meteoric ascent in the coming months. Crypto strategist Ali Martinez tells his 47,300 followers on the social media platform X that Dogecoin appears to be mirroring its 2020 market structure. The analyst shares a chart suggesting that DOGE could exponentially rise by about 11,541% from current levels if the pattern repeats. “The price action of Dogecoin is showing familiar patterns reminiscent of its 2020 behavior. Back then, DOGE broke out from a descending triangle, entered a period of consolidation, and then skyrocketed by 28,770%. Currently, DOGE appears to be mirroring this pattern: having broken out of a descending triangle, it’s now in a consolidation phase, potentially setting the stage for another significant bull run.”  Source: Ali Martinez/X Looking at the trader’s chart, he appears to predict...

A closely followed crypto strategist believes that Ethereum (ETH) competitor Solana (SOL) is gearing up for an explosive rally. Pseudonymous analyst Inmortal tells his 206,500 followers on the social media platform X that Solana could soar more than 340% from its current value by 2025. He believes that SOL may go parabolic similar to how ETH reached its all-time high in 2021. “ETH went from $80 to $4500 in 2021. SOL will go from $8 to $450 in 2025.” However, the trader predicts that in the near term, ETH will outperform SOL. “Just talking out loud. ETH has a good chance to outperform SOL in the coming months. After that, SOL will be the leader again.” He is closely watching whether Solana can flip key resistance levels into support with the first key price target of $120-$130, followed by $190-$200. “Three most important levels in SOL. We teleport from one to the other.” Source: Inmortal/X Solana is trading for $100.16 at time of writing, down nearly ...

A group of Bitcoin Miners are suing the Biden administration over its request for energy consumption data from the industry. According to the mining company and trade group, the demand by the Biden administration could harm businesses by forcing them to divulge confidential and sensitive information. The Texas Blockchain Council and mining company Riot Platforms went to a Texas federal court to request to block this survey handed out by the administration. The U.S. Department of Energy’s mandatory survey of miners was launched this month. The EIA’s survey focuses on the changing power demand for cryptocurrency mining. Furthermore, it aims to identify parts of the nation where mining growth is concentrated and the electricity sources used for the operations. The plaintiffs say in the lawsuit that the Bitcoin mines improve reliability since they can be quickly shut down. Thus, they shouldn’t be subject to concern by the EIA. Furthermore, this ability to shut down mines off...

Following its highly-anticipated Q4 earnings report this week, California-based tech company Nvidia ($NVDA) has surpassed $2 trillion in market capitalization. Indeed, the chipmaker has seen its stock increase a remarkable 59% in 2024. Its rise has been due in large part to the AI boom within the tech sector over the last two years. The ascension is yet another landmark moment for the semiconductor firm, as its growth has continued. Indeed, its shares increased a notable 2.7% in premarket trading on Friday. Moreover, the value had closed at a $1.96 trillion valuation the previous day. JUST IN: Nvidia $NVDA surpasses a $2 trillion market capitalization. — Watcher.Guru (@WatcherGuru) February 23, 2024 Also Read: 3 Stocks to Watch After Nvidia ’s Earnings That Can Generate Profits Nvidia Earnings Catapult Value Past $2 Trillion Throughout the last year, the tech sector has seen a massive increase in AI interest. Set off by the meteoric rise of OpenAI’s C...