Can Burns Send The Shiba Inu And LUNC Price To $0.01? Expert Chimes In

The Shiba Inu (SHIB) and Terra Classic (LUNC) ecosystems have become known for their regular token burns, which aim to increase the value of these coins. A computer engineer has given his opinion on this burn mechanism, revealing between Shiba Inu and LUNC, which will likely reach their desired goal of $0.01.  Will Shiba Inu [...]

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MakerDAO and Sherlock team up for historic $1.35M security audit contest

MakerDAO partners with Sherlock for a record-breaking $1.35 million audit contest, launching on July 8 and ending on Aug. 5, to ensure top-tier security for its Endgame phase.

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CryptoQuant CEO Predicts Where Bitcoin Price Is Headed, Is $265,000 Too Ambitious?

Ki Young Ju, CEO of cryptocurrency analysis firm CryptoQuant, has given an ultra-bullish prediction for Bitcoin. The crypto founder alluded to certain factors that could spark the flagship cryptos rise to such heights.  Bitcoin Could Rise To As High As $265,000 Young Ju mentioned in an X (formerly Twitter) post that Bitcoins network fundamentals could support a market cap three times its current size compared to the last cyclical top. He added that this development could help BTC rise to $265,000. The fundamental that the crypto founder was alluding to was the Hashrate/Market Cap ratio. Related Reading: Crypto Analyst Predicts 350% Surge For Shiba Inu Heres The Target   Source: CryptoQuant The accompanying chart that Young Ju shared showed that Bitcoins hash rate is currently more than three times what it was at the last market cycle top. Meanwhile, BTC is still at the price level it was during that period. As such, the CryptoQuant CEO believes that Bitcoin could also see a 3x increase in its price, just like the Hash rate.  Young Jus prediction provides a much-needed bullish outlook for Bitcoin, especially given the flagship cryptos recent decline and talk that Bitcoin may have already attained the market top for this cycle. Tom Lee, co-founder of research firm Fundstrat, also recently shared his bullish sentiment towards BTC, stating that the crypto token will still reach $150,000 this year.  Meanwhile, similarly to Young Jus prediction, crypto analyst MacronautBTC had previously stated that Bitcoin could rise to $237,000. The crypto analyst made this conservative calculation based on BTC’s demand outpacing its supply in the long run, especially with the halving further reducing Miners supply.  A Rise To $265,000 Not Ambitious Young Jus prediction of $265,000 for Bitcoin is far from ambitious when considering that Samson Mow, the CEO of JAN3, predicted that Bitcoin could rise to as high as $1 million this year. He explained that this unprecedented rise was possible due to the impressive demand that Bitcoin was currently enjoying.  Related Reading: Can Ethereum Reclaim $4,000? Fragile Fundamentals Threaten To Send ETH Crashing Pseudonymous crypto analyst PlanB also echoed a similar sentiment, stating that BTC hitting $1 million is possible, although he suggested that could happen in 2025 rather than this year. He made this prediction based on the Bitcoin stock-to-flow (STF) indicator, which hints at $500,000 being the average price level for Bitcoin in this market cycle.  As such, the analyst believes that $1 million could be the market top for this bull run. Meanwhile, PlanB mentioned that Bitcoin hitting $100,000 this year was inevitable. At the time of writing, Bitcoin is trading at around $61,700, down over 1% in the last 24 hours, according to data from CoinMarketCap.  BTC makes its way to $61,000 | Source: BTCUSD on Tradingview.com Featured image from CryptoRank, chart from Tradingview.com

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OpenAI disregards expert advice to launch excessively friendly ChatGPT

OpenAI Faces Backlash for Releasing Overly Agreeable ChatGPT Model OpenAI has sparked controversy after disregarding concerns from experts and launching a new version of its ChatGPT model that exhibits overly agreeable behavior. The decision to release this model, despite warnings from various specialists, has raised questions about the potential consequences of promoting such compliant artificial [...]

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Vitalik Buterin is 'giantly important' to Ethereums future: Experts weigh in

Fellow co-founder Joseph Lubin and other industry experts highlight Vitalik Buterins role in Ethereums future, emphasizing his ongoing influence and contribution to the space.

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Crypto Expert Turns Bullish On Bitcoin, Predicts Quantitative Easing Will Begin Soon

Crypto expert Michaël van de Poppe has made a bullish case for Bitcoin as he alluded to macroeconomic factors that could soon play out in the flagship cryptos favor. In line with this, he urged Bitcoin investors to take action with a parabolic surge on the horizon.  An Imminent Quantitative Easing Would Be Good For Bitcoin Van de Poppe suggested in an X (formerly Twitter) post that Bitcoin will rise on the back of a Quantitative Easing (QE), which he anticipates is close. He noted that the Fed has already started to unwind Treasury buybacks and is reducing QT [Quantitative Tightening]. He claims this is happening because the economic data has worsened, which puts the US at risk of a recession.  Related Reading: Dogecoin Breaks Out Of Descending Triangle Like It Did In 2021, Analyst Sets $6 Target Therefore, the Fed seeks to avoid this recession by buying back long-term government bonds and injecting liquidity into the financial system. As the crypto expert predicts, this could be good since it will force the Fed to take a more dovish stance and possibly lower interest rates, boosting investors confidence to go all in on risk assets like Bitcoin.  Van de Popper further predicts that this Quantitative Easing will become evident in the data released in the coming months. In line with this, he advised investors to long Bitcoin. It is worth noting that Bitcoin dropped to as low as $57,000 ahead of the latest FOMC meeting, with many investors seeming to have anticipated a hawkish stance from the Fed.  However, as the crypto expert noted, the rates remain unchanged, and Fed Chair Jerome Powell raised the possibility of a rate cut as early as June. Given Bitcoin’s price recovery since then, this development looks to have already revived a bullish sentiment among investors.  What To Expect Going Forward In another X post, Van de Popper revealed his expectations for the crypto market going forward. He stated that Bitcoin will consolidate and go sideways (possibly ahead of the QE which will boost its price in the coming months. Meanwhile, he also expects Altcoins to heavily outperform and rotation kicks in. Related Reading: Crypto Prediction Website Reveals When The Cardano Price Will Reach $45 The crypto expert had previously echoed a similar sentiment when he stated that he expects altcoins to bounce in their Bitcoin pairs while Bitcoin faces a period of consolidation that he doesnt expect to change in the coming months.  Back then, he also mentioned that there would be a narrative shift to Ethereum, and he reaffirmed this belief in a more recent X post, stating that he expects a lot from the second-largest crypto token by market cap.   At the time of writing, Bitcoin is trading at around $59,100, up over 2% in the last 24 hours, according to data from CoinMarketCap.  BTC bulls reclaim control of price | Source: BTCUSD on Tradingview.com Featured image from Seu Dinheiro, chart from Tradingview.com

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Kickstarting The Bitcoin Bull Run: Expert Says $70,000 Is The Level To Beat

Crypto expert Michael van de Poppe has outlined an important price level from which Bitcoin must break out. He claims that once it achieves a successful breakout, the flagship crypto will see a new all-time high (ATH).  Bitcoin Needs To Break Through $70,000 Van de Poppe mentioned in an X (formerly Twitter) post that Bitcoin needs to break through $70,000 on the lower time frame (LTF) basis. Once that happens, the analyst claimed that Bitcoin will likely see a new ATH.  Related Reading: Prepare For Impact: Market Expert Says Biggest Disaster In Crypto Yet To Come He also noted that lower timeframe regions at $67,000 were holding. Meanwhile, he highlighted Bitcoins long consolidation, stating that almost three months have passed since the crypto token remained in that range. . However, the crypto expert believes that Bitcoin will likely remain stuck in this range for a substantial period, with the flagship crypto possibly trading lower. This is because he foresees a rotation from Bitcoin towards Ethereum and other altcoins, which will cause the flagship crypto not to move to the upside.  This long consolidation period was expected from BTC. Arthur Hayes, the co-founder and former CEO of BitMEX, predicted that the crypto token would continue to range between $60,000 and $70,000 until August. Crypto analyst Rekt Capital has also repeatedly mentioned that Bitcoin will face such a long consolidation period, which he claimed is good for Bitcoin. He noted how the flagship crypto hit a new ATH before the halving event brought about an accelerated cycle. However, a long consolidation period means Bitcoin is trying to resynchronize with previous halving cycles. He suggested this is better since it will make the bull run longer. Rekt Capital claimed If it successfully resynchronizes with the previous bull cycles, Bitcoin will peak sometime in September or October next year.  In a recent X post, Rekt Capital mentioned that there is still scope for additional consolidation at these highs but added that the time left in this phase is slowly running out. The chart the analyst shared suggested that Bitcoin simply needs to break out from the $70,000 range before it enters into the parabolic uptrend phase.  BTC May Be Headed To $78,000 Next Crypto analyst Mikybull Crypto recently suggested that Bitcoin could be headed to $78,000 on its next leg up. He revealed that the flagship crypto had broken out of an inverse head and shoulders pattern and was currently bull flagging for the next move. He highlighted $78,000 as the price target for this next move.  Related Reading: Terra LUNAs LUNC Set To Jump 13x, Analyst Reveals The Drivers In a subsequent X post, he claimed that BTC retesting its support level might be the next step before this explosive rally finally happens. Bitcoin potentially rising to $78,000 is significant as it could clear the road for the flagship crypto to hit $100,000. Crypto analyst Crypto Jebb previously mentioned that there is a great degree of likelihood that Bitcoin would rally to $100,000 should it break its current ATH of $73,800.  Featured image created with Dall.E, chart from Tradingview.com

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Solana Cup And Handle Pattern Means An At Least 90% Move Against Ethereum, Analyst Says

Jan Happel and Yann Allemann, the co-founders of the on-chain analytics platform Glassnode, recently suggested that Solana (SOL) could make a significant move to the upside in its Ethereum pair. They alluded to the likelihood of Ethereum rising higher as another reason SOL will likely soar. Solana To Make A 90% Move Against Ethereum Happel and Allemann, through their shared X account (@Negentropic), highlighted a clear Cup and Handle pattern on the SOLETH chart, which suggests Solana will move 90% from its current price level. They also noted that the SOLETH ratio has been consolidating for some time now and looks ready for such a move to the upside.  Related Reading: Bitcoin Price Mirrors Historical Pattern That Led To $1,200 Surge, Will History Repeat Itself? Meanwhile, they also predict SOL will soar because they expect Ethereum to move much higher. Therefore, a rally for the second-largest crypto token could also spark a significant move for Solana. Interestingly, this move already looks to be in play, seeing that SOL enjoyed up to a 7% price gain on the back of Ethereums price rally in the last 24 hours.  Therefore, Solana could rise higher as ETH continues to enjoy an upward trend following reports that the Securities and Exchange Commission (SEC) could approve the pending Spot Ethereum ETF applications. A 90% move for Solana means the crypto token could come close to its current all-time high (ATH) of $260. Crypto analyst Javon Marks had before now predicted that SOL could make such a move, noting that a price gain of 54% may already be in the pipeline. He further claimed that Solana achieving this price move would open up room for another price rally of 93%, which would send SOLs price to $453.  How High Can SOL Rise In This Bull Run? Crypto analyst Altcoin Sherpa has predicted that Solana could rise to as high as $500 by year-end, while crypto analyst Hansolar predicts that Solana could hit $600 in this market cycle. Crypto YouTuber Jake Gagain offered a more bullish prediction, stating that Solana will rise to $750, although he predicts that will happen next year.  Related Reading: Bitcoin Rally Incoming: This Major BTC Metric Just Turned Bullish Once Again Interstingly, Hansolar claimed that SOL could be the new Ethereum in this cycle. ETH is known to have been one of the biggest gainers in the last bull run, with its price more than tripling on its way to its current ATH of $4,891. Ethereums run then was thanks to its decentralized finance (DeFi) utility, with many DeFi projects utilizing the network.  Asset manager Franklin Templeton suggested that Solana will onboard the projects that will drive the next wave of crypto adoption. Therefore, Solana could undoubtedly enjoy the kind of run Ethereum did in 2021. This explains why the asset manager is bullish on SOL’s growth, as they predict it will eventually become the third-largest crypto token after Bitcoin and Ethereum.  Featured image from Quora, chart from Tradingview.com

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Market Expert Who Predicted Bitcoins Rise above $69,000 Unveils New Target

The Bitcoin rise above $69,000 before the fourth halving to reach a new all-time high of $73,000 in 2024 took many by surprise. However, crypto analyst BitQuant was not one of those people. In 2023, the analyst had correctly predicted that the BTC price would reach a new all-time high before the halving was completed. After the successful completion of his prediction, the crypto analyst has once again predicted where the Bitcoin price is headed, and how high it will go. Crypto Analyst Says Bitcoin Price Will Reach $95,000 BitQuant has unveiled his latest prediction for the Bitcoin price, and the target being displayed will please many who continue to be bullish. Amid the choppy headwinds that have dominated the market, the analyst believes that the Bitcoin price will surge and reach $95,000. Related Reading: Dogecoin Derivatives Volume Jumps 111% As Open Interest Spikes, But What About Price? Interestingly, the analyst does not expect the campaign to $95,000 to be a long, drawn-out move. Rather, BitQuant explains that the Bitcoin price can complete this target in a single move. Such a move would mean a 50% increase in price from its current level of around $62,000 and will no doubt trigger a ripple effect that will be evident in the market. The post read: $95K will be achieved in just one move, and that is quite obvious. Will that move start today, tomorrow, or the day after tomorrow? I don’t think anyone knows. If you can’t relax now and wait for #Bitcoin to perform as expected, then it’s better to leave the market to avoid the torture. Because in the coming months, there will be a lot of pain for those with weak nerves. BitQuants prediction was in response to another crypto analyst, Mikybull, who identified the formation of a cup and handle pattern on the Bitcoin crash. The analyst believes that this formation will precede a massive breakout that will send it to a cycle top. Is $250,000 Still In Play? Back in 2023, when BitQuant made the initial prediction that Bitcoin would reach a new all-time high before the halving, he had set out a price target for the cryptocurrency. As the crypto analyst explained at the time, reaching a new all-time high before the halving, although it has never happened before, does not mean that it will peak by then. Related Reading: Shiba Inu Volume Flips Dogecoin, Will SHIB Price Flip DOGE If This Analysts Prediction Comes True? Rather, the analyst expects the bull rally to continue well after the halving, which is when the price will peak. BitQuants target at the time was the price peaking at $250,000 at the top of the cycle. However, this target has not made an appearance in his analyses in recent times. The most recent predictions circle around the $95,000 target and the analyst expects it to hit this price in May. In a prediction from April, BitQuant expects that the price will first go to $49,000, before recovering to $75,000, and then surge to $95,000. First $49K, Then $75K, Now $95K. What’s next will be revealed after we hit $95K and take a little break in the tent. #Bitcoin https://t.co/yvKyHZZWQw BitQuant (@BitQua) April 25, 2024 Follow Best Owie on X (formerly Twitter) for market insights, updates, and the occasional funny tweet chart from TradingView.com

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This Crypto Expert Called The Bitcoin Top in 2021, Now Hes Calling The Bottom In 2024

As the Bitcoin price continues to fluctuate wildly, the question in every investors mouth right now is when the digital asset will find its bottom. For some, the bottom has already been met, while for others, there are still more price crashes to come. However, one analysts prediction in particular stands out and this is due to his track record of accurately calling the top of the market back in the 2021 bull market. Crypto Expert Says Bitcoin Bottom Is In Crypto expert Dave the Wave first came into prominence back in 2021 when he had accurately predicted the Bitcoin top. Given this, Daves analysis holds weight in the crypto market, so it is no surprise that his most recent prediction calling the Bitcoin bottom is making the rounds. Related Reading: Gaming The System: Pundit Reveals Why XRP Price Will Reach $33 In the analysis which was posted on X (formerly Twitter), the crypto analyst points to a number of indicators that show that the Bitcoin bottom has already been reached. One of these is the MACD which the analyst reveals is still far off from the levels from the last bull market. In addition to the MACD still trending below this level, the crypto expert points out that the crypto market is more mature than it was. Given this maturing market, Dave the Wave stated: It wouldn’t at all surprise me to see something different develop, pattern-wise, over the longer time frame. The analyst suggests that the Bitcoin low is actually in, and given that the price had fallen to $57,000 a couple of weeks ago, Daves analysis suggests that that is as low as the price will go. If this holds, then it is possible that the Bitcoin price will not fall below $60,000 before it resumes its bull rally. BTC Price Expectations Still Bullish Despite the slow momentum that has plagued the Bitcoin price, investors continue to be bullish on the cryptocurrency. This is evidenced by the Bitcoin Fear & Greed Index maintaining a firm grip on the Greed territory, showing that investors are still willing to buy into the market. Related Reading: Theta Network Breakout Imminent: Why A 100% Rise Is Possible From Here Furthermore, predictions from crypto analysts such as Rekt Capital have shown expectations for further price increases. Rekt Capital predicts that the BTC price will still cross $100,000 as long as the price is able to break above $63,000 and hold this level. However, elsewhere in social media, there is a change in tide for the BTC price as social sentiment begins to fall to bearish headwinds. Santiment, an on-chain data aggregation platform, revealed that the Bitcoin social sentiment has seen a 14% drop in the last week. Featured image from Investment U, chart from Tradingview.com

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UK Emerges as Top Crypto Safe Haven with Proposed Regulations, Say Experts

The United Kingdom (UK) has proposed a new draft regulation for cryptocurrencies, aiming to establish a safe harbor for crypto companies operating in the country. The regulation seeks to provide clarity and legal certainty to the crypto industry, which has been facing regulatory uncertainties and challenges in recent years. The proposed regulation aims to create [...]

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Expert Analyst Forecasts Bitcoins Price Plummeting to $10,000, According to Bloomberg

According to a recent analysis by a Bloomberg expert, there is speculation that the price of Bitcoin may experience a significant drop back to $10,000. This prediction comes at a time when the cryptocurrency markets are experiencing increased volatility. The analyst suggests that Bitcoin’s recent rally may not be sustainable and could potentially lead to [...]

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Bitcoin Address Poisoning Attacks: Expert Jameson Lopp Raises Concerns

Jameson Lopp Warns of Bitcoin Address Poisoning Renowned cryptocurrency expert Jameson Lopp recently raised concerns about Bitcoin address poisoning. This deceptive practice involves attackers manipulating QR codes or sophisticated phishing schemes to divert funds to illegitimate addresses. Lopp emphasized the importance of verifying Bitcoin addresses before sending any transactions to ensure the safety of your [...]

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Binance Co-Founder Changpeng Zhao to Provide Expertise on Blockchain Technology to Kyrgyzstan

Binance CEO Changpeng Zhao Offers Guidance on Crypto to Kyrgyzstan Changpeng Zhao, founder of the renowned cryptocurrency exchange Binance, recently shared his insights on the potential benefits of embracing digital assets with officials from Kyrgyzstan. Zhao discussed the positive impact that cryptocurrencies can have on economic development and financial inclusion during a meeting with representatives [...]

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Bitcoin price projection: Expert predicts $210K by 2025

Peter Chung, a prominent cryptocurrency analyst, has made a bold prediction regarding the future of Bitcoin. Chung believes that by 2025, the price of Bitcoin could soar to an impressive $210,000. This forecast is based on the increasing institutional adoption of Bitcoin as an asset class. According to Chung, institutional investors are likely to play [...]

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Expert Says Bitcoin Price Has Topped And Is In Exponential Decay, Why This Is Not A Bad Thing

Crypto expert Peter Brandt has boldly claimed that the Bitcoin top for this market cycle may already be in. He made this conclusion based on his exponential decay thesis, which he noted may actually be good for the Bitcoin ecosystem. Why Bitcoins Price Has Topped Brandt explained that historical data suggests that Bitcoins price has topped. He further alluded to an exponential decay, which he noted could be used to describe Bitcoin. Brandts exponential decay thesis is based on the fact that Bitcoins percentage gain has significantly reduced in every subsequent bull cycle.  Related Reading: Ethereum Withdrawals From Exchanges Top 260,000 ETH What This Means For Price For context, Bitcoin, according to the crypto expert, recorded a 122x increase from its market low to market high between 2015 and 2017. However, that was only 21.3% of Bitcoin’s price gain in the previous cycle (between 2011 and 2013). Source: X Brandt further noted that the same thing happened between 2018 and 2021. Despite a 22x increase from its market low to market high, Bitcoin only recorded 18% of the price increase it saw in the previous cycle. Having laid this premise, the crypto expert concluded that this market cycle shouldnt be any different as Bitcoin will likely see about 20% of the price gain recorded in the previous cycle.  Taking $15,473 as the market low for this cycle, he noted that 20% of the previous cycles gain would mean that the market high for this cycle was supposed to be $72,723, a price level that Bitcoin already hit on its way to a new all-time high (ATH) of $73,750.  Meanwhile, the crypto expert acknowledged that Bitcoin historically records its most price gains after the Bitcoin halving, which just recently occurred. However, he added that the crypto community has to deal with the fact of the exponential decay, which has made him believe there is a 25% chance that Bitcoin has already topped this cycle. Why The Exponential Decay Might Be Bullish For Bitcoin Brandt mentioned that Bitcoin would likely drop to the mid $30,000 or its 2021 lows if it has indeed topped. He, however, added that this decline could be the most bullish thing that could happen from a long-term view. Related Reading: Brace For Price Impact: Dogecoin Whales Move Massive 456 Million DOGE To Exchanges From a classical charting point of view, the crypto expert hinted that Bitcoin was still primed for major parabolic moves to the upside, even though it doesnt happen now.  Source: X He also shared an example of what Bitcoins chart could look like when this move happens with the crypto token rallying above $100,000. Brandt also alluded to Golds chart from August 2020 to March 2024 as an example of what Bitcoins price action could look like soon enough. Interestingly, he recently predicted that Bitcoin will soon be King over Gold. BTC price drops below $63,000 | Source: BTCUSD on Tradingview.com Featured image from Forkast News, chart from Tradingview.com

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Crypto Expert Says Dogecoin, Shiba Inu, PEPE, Others Are About To Explode

Crypto analyst Michaël van de Poppe has laid a bullish narrative for altcoins, predicting that these crypto tokens will make a significant run of theirs soon. This prediction is based on his belief that altcoins are still undervalued compared to the flagship crypto, Bitcoin.  Crypto Analyst Says Altcoins Are About To Explode Michaël van de Poppe mentioned in an X (formerly Twitter) post that there is still around 40-60% market capitalization to gain for the altcoins. In a subsequent X post, he noted that the valuations of these crypto tokens in their BTC pairs are still relatively low, and that suggests that strength is still to come, he claimed.  Related Reading: Dogecoin To $100? Crypto Analyst Reveals The Key The analyst believes that the valuation of these altcoins should be done using their Bitcoin values and no other way. If that is done, he remarked that one will be able to see that most altcoins are still heavily undervalued compared to the flagship crypto. Meanwhile, he hinted that altcoins will enjoy these significant gains once Bitcoin consolidates.  In a video posted on his YouTube Channel, Michaël van de Poppe elaborated on the correlation between Bitcoin and these altcoins. The analyst stated that Bitcoin hitting new highs means that there is more money in the market and that this money will rotate to other crypto tokens soon enough.  Once that happens, he expects these altcoins to make significant returns that might be underestimated because of the bear market stigma. Meanwhile, Michaël van de Poppe predicts that altcoin season will come in different rounds. The first one will see these crypto tokens coming close to their all-time high (ATH) or even breaking it, as seen with some already.  The Best Time To Have Bought Altcoins  Michaël van de Poppe had previously prepared his followers for this imminent altcoin season when he advised them on the right time to buy these crypto tokens. Back then, he mentioned that the best time to invest in altcoins was 6-10 months prior to the Bitcoin Halving. Related Reading: Shiba Inu Sees 2,000% Explosion In Adoption, Is SHIB Headed For A $0.0008 ATH? The analyst called that one correctly, seeing as altcoins have made significant runs since then alongside Bitcoin. AI and Meme coins, in particular, have led the way, with tokens like the foremost meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB), seeing a significant increase in their market cap.  Despite the tremendous run these tokens have made so far, there still seems to be an opportunity for investors to position themselves, considering that Michaël van de Poppe mentioned that they are still undervalued.  DOGE price at $0.166 | Source: DOGEUSDT on Tradingview.com Featured image from The Crypto Times, chart from Tradingview.com

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Wall Street Expert Says $100 XRP Price Prediction Has Expired, What Does This Mean?

Wall Street veteran Shannon Thorp has publicly admitted that her earlier bullish price projections for the XRP price have expired. The forecast, which had previously been a source of speculation and expectation within the XRP community, has fallen short of realization, leading market observers to further reflect on XRPs price dynamics.   XRP Price Prediction Falls Flat On Friday, March 1, Thorp took to X (formerly Twitter) to announce that her earlier ambitious forecast of XRP had come to an end. The Wall Street veteran acknowledged that her predictions had fallen flat, describing the unfortunate outcome as a bittersweet situation. Related Reading: Why Did Bitcoin Price Crash 10% After Reaching $69,000 All-Time High? Previously, in July 2023, Thorp had made a bold prediction of XRP, projecting that the price of the cryptocurrency would surge between $100 to $500 in four to seven months. The Wall Street expert had provided critical analysis and statistics to back her projections, highlighting XRPs potential for gaining more liquidity strength and achieving widespread adoption in the financial sector.  Now in March 2024, almost seven months after Thorps price prediction and analysis, XRP has failed to attain the projected $100 price mark. At the time of writing, the cryptocurrency is trading below $1 at $0.62, according to CoinMarketCap.  Since last year, the price of XRP has struggled to keep up with the markets bullish trends and has been consolidating around the price of $0.50 for months. However, recently, the cryptocurrency witnessed a surge in its value after breaking through crucial resistance levels around the $0.6 price mark. The unexpected price gain has heightened anticipation for a significant price movement, suggesting a potential uptrend during this bullish period. Wall Street Expert Remains Optimistic After acknowledging the unmet $100 XRP price prediction, Thorp highlighted XRPs accomplishments, underscoring the cryptocurrencys resilience in overcoming challenges that could have severely disrupted other digital currencies under similar circumstances.  Related Reading: Analyst Predicts Massive Rally For Dogecoin Price With A $1 Target, Heres How According to the Wall Street veteran, XRP has shown its immense potential by enduring an extensive lawsuit filed by the United States Securities and Exchange Commission (SEC). She revealed that XRP has continued to prevail, holding its title as one of the top 10 cryptocurrencies despite facing multiple adversaries and regulatory hurdles during its developmental and advancement stages.  Are we really to believe that XRP will fail? Well, I refuse to believe that because still to this day, I know what I hold, Thorp stated.  Despite her predictions not coming to fruition, the Wall Street veteran has remained optimistic about XRPs prospects, staying consistent with her support for the cryptocurrency and its development team. XRP at $0.62 | Source: XRPUSDT on Tradingview.com Featured image from Crypto News, chart from Tradingview.com

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Crypto Expert Says Prepare Yourself For Massive Altcoin Run, Heres Why

Cryptocurrency analyst, Michael van de Poppe has alerted the broader cryptocurrency community about an upcoming altcoin rally. The analyst has cited the recent upward trend experienced by Bitcoin as a positive signal for this prediction.  Get Ready For Major Altcoin Run In a recent X (formerly Twitter) post, Poppe suggested that altcoins are poised to become the next in line for the 2024 bullish momentum. Citing Bitcoins recent upward surge to over $60,000, the crypto analyst has disclosed that this substantial price increase is a clear signal for a potential altcoin rally in the market.  Related Reading: Bitcoin Profitability Reaches 97% For The First Time In Over 2 Years He predicts that during this potential altcoin run, major cryptocurrencies may experience substantial surges that could potentially push their prices far above their previous all-time highs. In light of this, the crypto analyst has advised the broader cryptocurrency community to remain vigilant and make necessary preparations for this anticipated bullish event.  Lately, market sentiment has been indicating a shift from Bitcoin investments to meme coins and other major altcoins. Just last week, a Solana-based memecoin, Dogwifhat (WIF) experienced a massive surge, propelling its price to $1 and boasting a year-to-year gain of over 90%.  Furthermore, popular altcoins like Solana and Cardano have witnessed significant price increases and growth in their respective markets. On March 1, Solanas price surged to two-year highs, skyrocketing above $136. Conversely, Cardano recorded a boost in its adoption rate, with the total number of Cardano wallets in the ecosystem approaching 4.6 million.  These subtle developments are indicating a potential shift in the market dynamics of altcoins, as an increasing number of cryptocurrencies are beginning to mirror Bitcoins bullish momentum.  Altcoins Gearing To Pump A crypto analyst, identified as Dami Defi on X has disclosed that recent market trends are signaling that altcoins are getting ready to pump. Dami Defis predictions are anchored in the diminishing dominance of Bitcoin in the cryptocurrency market. He explained that when the market capitalization of the entire crypto market is on the rise and simultaneously, Bitcoins dominance decreases, it often signals a healthy and widespread bull market in the crypto space.  Related Reading: Crypto Exchange Says Cardano Price Can Reach $165, Heres When According to the analyst, this scenario implies that the markets growth is not solely focused on Bitcoin but would also potentially be distributed across various altcoins. He has revealed that despite Bitcoins recent price rally, the cryptocurrency has been experiencing notable outflows, with a substantial portion of these funds moving into altcoins.  If we continue to see BTC dominance go down and total 3 resistance gets broken, all hell will break lose and altcoins will pump crazy, Dami Defi stated.  Altcoins market cap at $1.08 trillion | Source: Crypto Total Marekt Cap Exclusing BTC Featured image from Coinpedia, chart from Tradingview.com

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Bitcoin Adoption Expected to Reach 25% of S&P 500 Companies by 2030: Expert Analysis

According to a recent survey, it is projected that by the year 2030, approximately one fourth of S&P 500 companies will have invested in Bitcoin. This trend indicates a growing acceptance and adoption of the popular digital currency among major corporations. The survey also revealed that more and more companies are recognizing the importance of [...]

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