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Author: Benjamin Lee
Artificial intelligence (AI)-powered commercial real estate firm Janover, Inc. is announcing that it has raised approximately $42 million through an offering of convertible notes and warrants from multiple investors, including Pantera Capital, Kraken, and Arrington Capital. According to a new press release, the notes were sold in a private offering under Section 4(a)(2) of the Securities Act of 1933 and Regulation D. The convertible notes carry a 2.5% annual interest rate paid quarterly. They will mature on April 6, 2030. The notes are convertible into common stock at any time before maturity if the company’s market capitalization equals or exceeds…
BitMEX founder Arthur Hayes says that altcoins may finally see a boost once Bitcoin (BTC) breaks a certain price range. In a new interview on Crypto Banter, Hayes, the founder of crypto investment firm Maelstrom, says that he’s expecting Bitcoin to continue dominating the crypto market for some time. However, Hayes says once BTC soars well above the $100,000 level again, riskier crypto assets will most likely start to shine. “We accelerated a bit after the recent Fed press conference where Powell announced the reduction of QT (quantitative tightening) and sort of teased QE (quantitative easing). We accelerated a bit,…
Closely followed crypto analyst Jason Pizzino is warning that XRP and other top altcoins most likely have further to fall. In a new post to the social media platform X, Pizzino tells his 131,000 followers that, despite being down 20% in the last month, XRP’s skid is not finished. Says Pizzino, “XRP breaking 50% fib pre-US open. My next price target is still ~$1.40” Source: Jason Pizzino/X XRP is worth $1.87 at time of writing, down 12% in the last week. Turning to layer-1 smart contract platform Solana (SOL), Pizzino refers to the 3-bar rule – which aims to spot…
Solana defied the crypto market doldrums and surged by more than 5% on Friday after the retail payment giants PayPal and Venmo rolled out support for SOL. PayPal announced on Friday that users of both payment platforms could now buy, sell, hold and transfer SOL and LINK, the native asset for the decentralized oracle platform Chainlink. LINK jumped by more than 1% on Friday and is trading at $13.00 at time of writing. Meanwhile, SOL rose from $117.15 to a high of $124 before closing the trading day at $122.78. By comparison, the overall crypto market cap dipped by nearly…
A widely followed cryptocurrency analyst and trader is leaning bullish on an altcoin built in the Solana (SOL) ecosystem. The trader, pseudonymously known as Altcoin Sherpa, tells his 243,700 followers on the social media platform X that the utility token of the decentralized bandwidth crypto project Grass (GRASS) is looking “extremely strong” following a 25% rally in just a day that effectively reversed a rout that came amid a crypto market-wide slump. According to the pseudonymous analyst, GRASS is likely to experience a pullback before resuming the rally. Based on Sherpa’s chart on the four-hour time frame, it appears the…
Crypto analyst and trader Ali Martinez is leaning bearish on one large-cap altcoin as he offers his outlook for Bitcoin (BTC) and the native token of the blockchain oracle Chainlink (LINK). Martinez tells his 134,800 followers on the social media platform X that payments altcoin XRP (XRP) could plummet by around 37% from the current level after forming a head-and-shoulders pattern on the daily time frame. A head-and-shoulders is a bearish pattern suggesting that an asset is losing bullish momentum after failing to print new highs with its right shoulder. Source: Ali Martinez/X XRP, the fourth-largest crypto asset by market…
The value of President Donald Trump’s controversial memecoin has cratered following the rollout of the White House’s new tariffs. Official Trump (TRUMP) is trading at $9.03 at time of writing and is down more than 13% in the past 24 hours. Trump signed an executive order on Wednesday that slapped a 10% baseline tariff on all imported goods entering the US, effective April 5th, with the stated goal of protecting domestic manufacturing. He also issued a proclamation detailing “reciprocal tariffs” on dozens of specific countries effective April 9th, with rates totaling up to 54% on China. The tariffs rattled global…
A widely followed crypto analyst is identifying what needs to happen for the next altcoin season to ignite. In a new thread, crypto strategist Rekt Capital tells his 543,1000 followers on the social media platform X that altcoin season will start once Bitcoin’s (BTC) Dominance level, or its percentage of the total market capitalization of the sector, starts to fall. According to the trader, the crypto king’s dominance level should start dropping sometime next year after it reaches 71%, though no specific date was mentioned. “‘Will there ever be another Altseason?’ Yes, the next time BTC Dominance collapses, which is…
A closely followed crypto strategist believes that one Ethereum (ETH) competitor may have reached a local bottom amid a broad market sell-off. Pseudonymous analyst Inmortal tells his 231,100 followers on the social media platform X that Solana (SOL) may be presenting a rare buying opportunity after hitting the 24-hour low of $112. “SOL: feels like a generational entry.” Source: Inmortal/X Looking at his chart, the trader suggests SOL is printing a similar pattern from 2021, when SOL dipped more than 60% from its local top before putting up massive gains. SOL is trading for $116 at time of writing, down…
A new decentralized finance (DeFi) trading altcoin is surging after gaining support from the top US-based crypto exchange platform by volume. In a new thread on the social media platform X, Coinbase says it’s adding the DeFi token Definitive Finance (EDGE) to its suite of digital asset products with an experimental label, causing the altcoin to skyrocket. Coinbase’s experimental label designates assets as having higher volatility and lower trading volume compared to other products offered by the firm. News of the addition sent EDGE flying, as the token went from an April 2nd low of $0.0274 to a peak of…