DoubleZero Protocol Launches Exciting Validator Funding Round

Double Zero, a leading blockchain technology company, has recently announced the launch of their validator funding round. This initiative aims to secure additional capital to support the expansion of their validator network. Validators play a crucial role in maintaining the integrity and security of blockchain networks by verifying and validating transactions. Double Zero’s funding round [...]

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Bitcoin Bearish Pattern Points To $51,400 Price Target Analyst

Prominent X market analyst Cryptododo7 has shared a bearish prediction on the Bitcoin market amidst an ongoing price rally. Notably, the premier cryptocurrency has moved from $75,000 to $86,000 over the past three days indicating a rising level of market demand. Despite this positive development, Cryptododo7 warns that the potential for a significant downside still exists. Related Reading: Is Bitcoin Price Returning To $74,000? Analyst Identifies Pattern That Suggests So Bitcoin Completes Bearish Pennant Formation – Price Fall To Follow? In a recent post on X, Cryptododo7 shares a technical analysis of the BTC market showing the formation of a bearish pennant. Notably, this development follows a double top formation, a classic reversal signal that aligns with the downward price action observed over the past three months. While recent market gains point to a rising bullish momentum, Cryptododo7 states that the bearish pennant formation signals much potential for a deeper price correction. The bearish pennant forms after a strong downward price move i.e. flagpole as seen when Bitcoin dropped from $96,000 to $76,000 in late February. The pennant follows this price decline, which is just a short period of consolidation where price action forms a small symmetrical triangle. This pattern is usually marked by lower highs and higher lows bringing about two converging trendlines as seen over the last six weeks. Following this consolidation, the market price is expected to break below the lower trendline confirming the intention of a price fall.  According to Cryptododo7s post, the lower boundary of the bearish pennant is positioned around $74,000. A decisive close below this level would validate the bearish pattern and signal a likely continuation of the downtrend, with a projected price target of $51,400.  Cryptododo7 explains that $51,400 represents Bitcoin’s strongest support level as it aligns with the 200-week moving average. Amidst the current price rally, the analyst states that a retest to this support level is largely reasonable, especially considering ongoing macroeconomic developments. Related Reading: Solana Approaches Make-or-Break Level As Technicals And Fundamentals Align Analyst Bitcoin Faces Short Pressure From Binance Traders In other developments, crypto analyst Ali Martinez reports that 56.18% of Binance traders have opened short positions on Bitcoin, indicating that a majority of traders on the world’s largest exchange are predicting a price decline despite Bitcoin’s recent upward momentum. This development aligns with Cryptododo7s bearish warning as a large volume of traders still hold a negative market outlook amidst recent gains. At the time of writing, Bitcoin trades at $85,416 following a 2.50% gain in the past 24 hours. Meanwhile, the daily trading volume is down by 40.07% and valued at $25.10 billion. Featured image from Pexels, chart from Tradingview

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Maine Senator Urges Biden to Consider Clemency for Ross Ulbricht During President’s Auburn Visit

On July 28, 2023, U.S. president Joe Biden made a trip to Auburn, Maine, where he delivered a speech at Auburn Manufacturing and subsequently attended a private fundraising gathering. Eric Brakey, the Republican senator representing Maine, greeted Biden upon his arrival in Auburn and handed him a note. In the message, he suggested that the [...]

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Ethereum Price Alert: Double Top Pattern Suggests 42% Decline Signaling End of ETH Bull Market

Double Top Pattern on Ethereum Price Signals Potential 42% Decline as Bull Market Fades Ethereum’s price has recently formed a classic technical pattern known as a double top, which could signify a significant downturn in the near future. The double top pattern occurs when an asset reaches a peak price, experiences a temporary decline, then [...]

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In Its Entire History, Bitcoin Has Only Spent 0.81% of Its Life Above the $60K Line

As of Sunday, March 3, 2024, bitcoin’s value persists in the $60,000 per unit vicinity, signaling the fifth instance this year that its price has sustained above this level. Naturally, as bitcoin’s value escalates, its duration above such thresholds shortens when contrasted with past significant milestones such as $30,000, $40,000, and $50,000. Bitcoin’s Price Discovery [...]

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Ethereum Breakdown: Analyst Eyes $1,200 Price Target

Following a period of intense price consolidation, the Ethereum (ETH) market experienced an eventful trading week that featured a damning rejection at the $2,100 price level which has emerged as a major resistance zone in recent times. Following this bearish development, analysts continue to speculate on the future of cryptos largest altcoin. Related Reading: Ethereum Price StrugglesIs Another Breakdown on The Horizon? Ethereums $2,100 Rejection Signals Further Decline, But How Low Can ETH Go? In an X post on March 28, a prominent market expert with X username Cryptododo7 provided valuable insights on Ethereums potential trajectory following its latest rejection at the $2,100 price zone. Via a technical analysis of the daily ETH/USD trading chart, Cryptododo7 hints that the ETH market sentiment is currently bearish suggesting a major downside in the coming weeks. Within the last six months, Ethereum suffered a breakdown from an ascending channel stretching to 2023. This negative development was initiated by the formation of a one-year-long double top as seen between 2024-2025. For context, a double top is a bearish reversal pattern consisting of two peaks that reach a similar level i.e. $4.100 in ETHs case, and are separated by a through resembling the letter M. The existence of a double-top formation since early 2025 has pushed ETH into a downward spiral during which the altcoins value has declined by 54% as it crashed below the lower boundary of its ascending channel. Following the latest rejection at $2,100, Ethereum seems less likely to re-discover its bullish form as its price now lingers around $1,870. According to Cryptododo7, Ethereum could undergo a sustained downtrend pointing to potential bearish targets around $1,130 – $1,200 based on the height of the now invalid ascending channel. Related Reading: XRP Price Eyes 20%v Move With Golden Pocket Appearance Ethereum Market Outlook Beyond technical indicators, the Ethereum market is being strongly influenced by Bitcoins market uncertainty and general macroeconomic factors. While the inauguration of US President Donald Trump marked a positive shift in US crypto policy as evidenced by the creation of the US Digital Stockpile Reserve among others, other administrative decisions on tariffs and international trade have negatively impacted the crypto market prices with investors selling their holdings in high-risk assets in fear of a global trade war. Looking forward, there is likely to be any stability on the macroeconomic front as talks of a potential economic recession continue to gain traction. At the time of writing, ETH was trading at $1,881 following a heavy 6.81% decline in the past day. ETH bulls must provide sufficient demand to break past the $2,100 to neutralize the current bearish prediction and perhaps ignite a market recovery. Featured image from Pexels, chart from Tradingview

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XRP Price To $110? Bollinger Bands Creator Reveals Why It Will Become A Market Leader

The XRP price could be staging a parabolic rally to new all-time highs of $110. While an analyst shares a technical analysis to back this ambitious target, Bollinger Bands creator John Bollinger declares XRP to be a market leader in the crypto space.  Analyst Predicts New XRP Price Target To $110 In a rather lengthy X (formerly Twitter) post, market expert Egrag Crypto went deep into his analysis for the XRP price, basing his predictions on its Elliott Wave structure. The crypto analyst confidently forecasted that XRP was heading towards a new $110 ATH. This bullish target would represent a whopping 3,974% increase from its current market value. Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge Firstly, Egrag Crypto outlines XRPs five-wave structure, underscoring that each wave could push the cryptocurrency to a new target. The analyst reveals that XRP is currently in Wave 2 of its Elliott Wave structure and is closely approaching Wave 3, which is expected to trigger the most explosive increase. In Wave 1, XRP saw an impressive 733% increase to new highs. However, in its current Wave 2, Egrag Crypto highlights that its 2017 fractal appears more profound. With the formation of a Double Bottom pattern, the analyst has predicted a potential price breakdown for the cryptocurrency.  Egrag Crypto further forecasts that Wave 3 will trigger a reversal and cause the price to skyrocket by 1,185%. This massive price increase would effectively place the XRP price at a potential target between $22 and $24. For a more conservative target, the analyst estimates a surge of around $22 to $24.  For Wave 4, Egrag Crypto predicts another major retracement similar to Wave 2. However, this time, the analyst believes XRP could decline by either 14.6%, 23.6%, or 38.2% from Wave 3s price high. This correction would mark a 65% drop from Wave 3s peak, bringing the cryptocurrencys price down to $8. He also highlights a worse-case bearish scenario where XRP crashes as low as $3.4.  Notably, Egrag Crypto shares three potential bullish targets for Wave 5, the final part of the Elliott Wave Structure. He forecasts that the altcoin could surge between $32 to $48, $60 to $70, or $95 to $110. The analyst has based his optimistic forecast on past cycle trends, where 2017 saw a major price rally for XRP.  Bollinger Bands Creator Says The Asset To Become Leader In other news, Bollinger, the creator of the renowned Bollinger Band technical analysis tool, has highlighted XRP in his latest post, questioning whether it could take a leading role in the crypto market. The technical analyst asserts that Ripple has held up better than other primary crypto vehicles. Related Reading: Analyst Says Only Buy XRP If It Reaches This Level  Considering its legal battles with the US SEC and present regulatory challenges, Ripple continues to remain resilient, aiming to gain clarity during the final stages of the five-year-long lawsuit. Meanwhile, the XRP price, which is currently trading at $2.4, has experienced a recent uptick, increasing by almost 4% in the last day, according to CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

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Bitcoin Nears $76,000 Target Amid Price Correction But Will This Support Hold?

Over the past week, Bitcoin has experienced a strong market correction with prices falling as low as $80,000. Based on a double top formation, Bitcoin is expected to head to $76,000 before re-establishing an uptrend. However, market analyst Cryptododo7 has indicated the possibility of a lower market bottom. Related Reading: Bitcoin Miners Are Hoarding Their Crypto Despite PlungeHeres What It Means Bitcoin Bears In Control: Will $67,000 Emerge As Ultimate Support Level? The Bitcoin market fell under siege in the last week with total liquidations reaching $670 million. During this period, the assets crashed by over 15% from an opening market price of $95,000 confirming the formation of a double-top pattern. For context, the double top is a bearish reversal chart pattern that appears after an uptrend. It consists of two peaks at a similar price level, separated by a pullback. This formation is well represented by Bitcoin’s price at $108,000 in December and $109,000 in January separated by the price correction in late December. Amid the falling prices in the past week, Bitcoin dipped below the double top neckline level at $91,500 confirming a price reversal. In accordance with the bearish signal, Bitcoin is expected to return to $76,000 around which it embarked on its price rally to its initial peak at $108,000. However, Cryptododo7 explains there is potential for BTC to rapidly drop to its maximum Fibonacci level at $67,000 which would serve as the support level with no further downside. In gauging the eventual ultimate Bitcoin support level, Cryptododo7 notes that market reaction at $73,000-$76,000 will be quite important as strong buying pressure at this level could result in a sharp price rebound. Related Reading: Dont Call Bitcoin Bottom Just Yet, CryptoQuant Head Says: Heres Why BTC Active Addresses Rise Amid Price Fall In other news, blockchain analytics firm IntoTheBlock reports that the number of Bitcoin active addresses is increasing despite the ongoing price fall.  Notably, this metric has reached its highest daily level since December 2024 suggesting a significant surge in on-chain activity.   Historically, such developments usually occur at major market turning points i.e. either peaks driven by new entrants rush or bottoms due to panic selling and opportunistic buyers. According to IntoTheBlock, this surge in on-chain activity could indicate that the BTC market could be at a crucial turning point, however, investors should note that no single metric guarantees a price reversal. At press time, BTC trades at $84,961 with a 2.54% increase in the past day. Meanwhile, daily trading volume is up by 13.69% and valued at $71.43 billion. Featured image from iStock, chart from Tradingview

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Double Standards in Finance: SBF’s Legal Troubles Spark Concerns

Cryptocurrencies and DeFi have shaken up the world of finance, but the spotlight on Sam Bankman-Fried (SBF), the mysterious FTX founder, has raised serious concerns about how the U.S. government handles financial regulation and fairness. SBF faces some serious accusations like misusing customer funds, market manipulation, insider trading, witness tampering, and money laundering. Some folks [...]

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Decade-Old Wisdom: Unpacking Satoshi Nakamoto’s Definitive Quote on Bitcoin Transaction Challenges, 13 Years On

Thirteen years ago to the day, the enigmatic creator of Bitcoin, Satoshi Nakamoto, pronounced a quote that has since reverberated across various contexts. This prominent aphorism: “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry,” was Nakamoto’s curt response to questions surrounding the potential solutions [...]

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Ran Neuner Believes Blackrock’s Bitcoin ETF Could Double Price Next Year, Dismisses ‘Malicious Intent’ Speculations

Following Blackrock, the largest asset manager globally, filing for a spot bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), Ran Neuner, host of Crypto Banter, stated during an interview with Michelle Makori, lead anchor for Kitco News, that he believes the asset manager has “no malicious intent.” Neuner additionally expressed his [...]

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GCash Introduces DoubleSafe: Enhanced Security with Selfie Scan & OTP Authentication

Discover GCash's new DoubleSafe feature, offering extra security through selfie scans and OTP authentication to protect users' accounts and transactions.

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Poublr: Your Ticket to Doubling Your Crypto Investments in Record Time

Hey there, fellow crypto enthusiasts! Get ready to embark on an extraordinary journey with Poublr, the ultimate platform that can turn your crypto investments into a remarkable success story. Are you ready to double your crypto wealth? Read on! Poublr is not just another investment platform—it’s a game-changer that revolutionizes the way you grow your [...]

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Optimism price prediction: OP forms a double-top pattern

Optimism (OP/USD) price has made a strong comeback as demand for layer 2 scaling solutions rose. The token jumped to an all-time high of $3.27 after the developers welcomed Coinbase to its ecosystem. It has jumped by more than 631% from its lowest point in 2022. Optimism partners with Coinbase Optimism is one of the ...

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Band Protocol price forms a small double-top as TVS retreats

Band Protocol (BAND/USD) has pulled back in the past few days as the recent crypto rebound fades. The token retested the important support at $2, which was a few points below the year-to-date high of $2.37. This price is about 100% above the lowest point in 2022. Total Value Secured shrinks Band Protocol is a ...

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Cardano price technical analysis as a double-top forms

Cardano (ADA/USD) price made a smooth recovery during the overnight session despite the extremely hawkish Fed minutes. After crashing to a low of $0.378, Cardano bounced back to $0.40 as investors attempted to buy the dip. It has surged by over 65% this year, making it one of the top-performing major cryptocurrencies this year. ADA ...

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OKX tokens soar double digits as crypto begins 2023 higher | Invezz

OKX, the cryptocurrency exchange that’s slowly taking up a bigger chunk of the market following the collapse of FTX, is seeing its ecosystem tokens rally into 2023 amid a broader market resilience. On Monday, 2 January, the OKX (OKB/USD) and OKC Chain (OKT/USD) tokens jumped double digits. OKB price rose to highs of $30.34 according ... Read more

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Sam Bankman-Fried deepfake attempts to scam investors impacted by FTX

A faked video the FTX founder created by scammers has circulated on Twitter with users poking fun at its poor production quality.

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FTM Rises By Double Digits Following Surge In Trade Activity

The price of the Fantom (FTM) has seen a decent gain in the last 24 hours. FTM is one of the few crypto projects on CoinMarketCap’s list that have seen a double digit price gain in the last 24 hours. TA suggests that the current bull move is not done yet. The price of the […]

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Japan’s Double Jump.Tokyo Raises $24m to Scale Blockchain Gaming Products

Double Jump.Tokyo is targeting to partner with major game developers. The Japanese blockchain company has raised $24 million in a Series C funding round. (Read More)

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