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Author: Benjamin Lee
Cryptocurrency analyst and trader Michaël van de Poppe is outlining two potential paths for Bitcoin (BTC) and altcoins over the coming months. In the first scenario, Van de Poppe tells his 169,000 YouTube subscribers that Bitcoin and altcoins will have “one hell of a year.” According to the analyst, the crypto market will follow the four-year cycle with Bitcoin peaking in the fourth quarter of 2025 while altcoins will have a bullish run in the first quarter of 2026. The four-year cycle is based on Bitcoin halving events when BTC miner rewards get slashed in half, triggering a supply and…
Coinbase has rolled out trading support for the brand-new native token of a layer-1 blockchain focused on intellectual property (IP). The scalable intellectual property solution Story launched its public mainnet on Thursday and aims to serve as a blockchain where rights holders can upload IP, set the terms of use and monetize it throughout the protocol’s application ecosystem. Explains Story’s launch announcement, “AI (artificial intelligence) is undermining IP as we know it. The traditional IP system can no longer keep pace with the speed and scale of generative AI. Centralized intermediaries make exchanging, licensing, and monetizing IP prohibitively expensive. IP…
Top stablecoin firm Tether is joining forces with one of the winningest football clubs in the world. According to a new announcement from Tether, the crypto firm has purchased a minority stake in the Torin, Italy-based football club Juventus. Says Tether CEO Paolo Ardoino of the new partnership, “Aligned with our strategic investment in Juventus, Tether will be a pioneer in merging new technologies, such as digital assets, artificial intelligence and biotech, with the well-established sports industry to drive change globally. We will explore avenues for innovative collaborations and the potential to revolutionize the global sports landscape.” Juventus is an…
Analyst Ali Martinez is highlighting a crypto asset that he believes is primed for a rally while unveiling his outlook for Cardano (ADA). Martinez tells his 125,200 followers on the social media platform X that the utility token of the Onyx layer-3 blockchain, Onyxcoin (XCN), is consolidating in a descending triangle pattern and is “potentially gearing up for the next leg up.” In technical analysis, a descending triangle is considered bullish if the price of an asset breaks out from above the descending trend line. Source: Ali Martinez XCN is trading at $0.0247 at time of writing, up by 920%…
Cardano has managed to outshine a large percentage of the digital asset market this week amid news that the crypto asset management firm Grayscale wants to create a spot ADA exchange-traded fund (ETF) for the smart contract platform. The ETF and securities exchange NYSE Arca, a subsidiary of the New York Stock Exchange, submitted a filing with the U.S. Securities and Exchange Commission (SEC) on Monday to propose listing the Grayscale Cardano Trust, which, if approved, would be the first-ever ADA ETF. ADA is trading at $0.804 at time of writing. The 9th-ranked crypto asset by market cap is up…
Analyst and trader Michaël van de Poppe says one Solana (SOL)-based altcoin may be gearing up for a breakout. Van de Poppe tells his 774,000 followers on the social media platform X that the cross-chain messaging protocol Wormhole (W) is showing bullish divergence on the weekly chart. A bullish divergence, which suggests price will start to increase, occurs when the price of assets records lower lows while indicators, such as the Relative Strength Index (RSI), a momentum oscillator indicator, are witnessing higher lows. “The altcoins, nothing has changed. On W, there’s still a possibility of a potential bullish divergence and…
The widely followed trader and analyst Michaël van de Poppe is highlighting one crypto project in the Ethereum (ETH) ecosystem whose token he believes could go up by triple-digit percentage points. Van de Poppe tells his 773,600 followers on the social media platform X that blockchain oracle Chainlink (LINK) appears bullish against Bitcoin (BTC) and could double in price. According to the widely followed analyst, the Chainlink/US dollar pair could subsequently appreciate by around 169% from the current level. “LINK forms a higher low, which indicates that we’re likely into a new uptrend. My first target is around 2x in…
Gamestop is exploring whether to add Bitcoin to its balance sheet, according to a new report. The video game retailer, which became a viral sensation among retail traders in 2021, is considering whether to buy BTC and other unnamed altcoins, reports CNBC. Gamestop (GME) shares are up about 5.5% in the last week – rising after the firm’s CEO Ryan Cohen posted a picture of himself alongwide Strategy (MSTR) founder and Bitcoin firebrand Michael Saylor. According to an unnamed source close to the company, Gamestop is in the early stages of exploring crypto asset adoption and could very well reject…
The Trump family-affiliated decentralized finance (DeFi) project World Liberty Financial (WLFI) has unveiled a strategic token reserve designed to bolster top crypto projects like Bitcoin (BTC) and Ethereum (ETH). World Liberty Financial says it plans to form partnerships with traditional financial institutions that will contribute tokenized assets to the reserve, which the DeFi project is calling “Macro Strategy.” “The Macro Strategy will serve as a robust financial backbone for WLFI, enabling us to: Enhance Stability: By diversifying our holdings across a spectrum of tokenized assets, we aim to mitigate market volatility and ensure a resilient financial ecosystem. Foster Growth: The…
Blockchain tracking firm Lookonchain says a crypto whale suddenly withdrew $5 million worth of Solana (SOL) to possibly buy more artificial intelligence (AI) related tokens. According to Lookonchain, an anonymous deep-pocketed investor spent nearly $8 million of Solana to buy AI-focused altcoins AI Rig Complex (ARC) and ai16z (AI16z) and then withdrew more than 25,000 SOL from Coinbase. The whale may now use the SOL to buy even more AI-related tokens, as Lookonchain suggests the AI token trend may be making a “comeback.” “The mysterious whale withdrew another 25,306 SOL ($5 million) from Coinbase [Tuesday], possibly to buy more AI…