Author: Benjamin Lee
Cryptocurrency analyst and trader Jason Pizzino is warning that one Solana (SOL) competitor is at risk of a severe correction. In a new video, Pizzino tells his 345,000 YouTube subscribers that Sui (SUI) may be repeating a historic pattern that could lead to a collapse. According to Pizzino, SUI saw an overbalance in time and price following its collapse to a low of $2.38. Pizzino explains that the overbalance means SUI went down longer in price and further in time than any corrective period it witnessed during this bull market. With the current setup, the trader says SUI may be…
Blockchain tracking firm Lookonchain says crypto whales are taking massive memecoin trades amid the market downturn. According to Lookonchain, one unlucky whale is now seeing red after once having made $11.8 million in profit on President Donald Trump’s memecoin, Official Trump (TRUMP). “This whale who made a $11.8 million profit on TRUMP spent another $33.9 million to buy 766,083 TRUMP at $44.25 and has now lost $21 million. He lost all his profits and over $9 million of his initial capital!” TRUMP is trading for $17.61 at time of writing, down 5.1% in the last 24 hours. Next up, Lookonchain…
A veteran trader has revealed his four altcoin picks from one sector that he says will be one of the hottest narratives of 2025. Pseudonymous trader and analyst Pentoshi tells his 852,000 followers on the social media platform X that he thinks the real-world asset (RWA) sector will be the “trend for the year.” RWA crypto projects aim to tokenize traditional assets so that they can be traded on blockchains, enabling efficiency and accessibility, fractional ownership, and other benefits. Pentoshi says that Ondo Finance (ONDO), Chintai (CHEX), Clearpool (CPOOL) and MANTRA (OM) are the leaders of the sector. “Leading RWA’s…
Analyst and trader Michaël van de Poppe is flipping bullish on digital assets following a massive crypto market correction. Van de Poppe tells his 770,900 followers on the social media platform X that altcoins have experienced a “capitulation” as crypto assets worth billions of dollars were liquidated amid the imposition of tariffs on Canada, Mexico and China by the US. On what to expect for the crypto market following the substantial correction, the widely followed analyst says, “Bear markets and trends end in these types of days. Massive, illiquid wicks to the downside. Quick bounce upwards, and rally after.” According…
President Donald Trump could have already inked more than $800 million in income following the launch of his memecoin, according to Coinbase director Conor Grogan. The Official Trump (TRUMP) memecoin launched in mid-January a few days before Trump’s presidential inauguration. It is already the 40th-largest crypto asset by market cap. Grogan notes on the social media platform X that the project’s team has sent $482 million worth of the stablecoin USDC, Solana (SOL) and TRUMP to exchanges. He also says they hold $240 million of USDC in out-of-range liquidity and $50 million in range, and they’ve made $29.3 million in…
A widely followed analyst is flipping bullish on altcoins after the crypto market’s sudden correction over the weekend. Pseudonymous crypto trader Kaleo tells his 682,500 followers on the social media platform X that the digital assets market may soon be entering an “up only” phase based on the Bitcoin dominance (BTC.D) chart having potentially reached a local top. Traders use BTC.D to see if altcoins are outperforming Bitcoin as the metric calculates how much of the crypto market cap belongs to BTC. Says Kaleo, “Bitcoin Dominance shot up with the last leg of that flush. Shouldn’t be much longer before…
Union Bank of Switzerland (UBS), the largest bank in Switzerland, is testing a tokenized gold product on Ethereum (ETH) layer-2 scaling solution ZKsync (ZK). In a new thread on the social media platform X, the developers behind ZKsync say that UBS is testing out its tokenized gold investment products on the blockchain as a means of improving functionality for global use. The product – UBS Key4 Gold, which allows users to buy and sell units of gold on-chain – is now being tested on the layer-2 network, according to its developers. “UBS, Switzerland’s largest bank, is modernizing digital gold investments…
A widely followed crypto analyst says the odds are in favor of one more major move to the upside for digital assets before the market cycle concludes. The pseudonymous trader known as Pentoshi tells his 850,000 followers on the social media platform X that there’s a one in four chance that the crypto market cycle is over. The trader notes that he’s leaning towards the total market cap of all digital assets to reach the $4.2 trillion mark, about 26% higher than current levels. “I think maybe 25% odds the cycle is over and those calling it are correct. I…
The chief executive of a prominent crypto analytics firm believes that the Bitcoin (BTC) bull market has enough fuel to witness more rallies. CryptoQuant CEO Ki Young Ju tells his 401,300 followers on the social media platform X that demand for Bitcoin spot market exchange-traded funds (ETFs) is still going strong, indicating that deep-pocketed investors are positioning for more BTC rallies. Ki notes that he thinks BTC will print a market cycle top once demand for Bitcoin ETFs tapers off. “The Bitcoin bull cycle isn’t over. The buying engine for paper Bitcoins is still running. In 2021, the downturn came…
Uniswap (UNI), the top decentralized exchange (DEX) by trading volume, has rolled out a new protocol upgrade across multiple chains. The DEX says its new “v4” transforms the protocol into a “developer platform.” “Made possible with the introduction of hooks – contracts that allow anyone to customize how pools, swaps, fees, and LP (liquidity provider) positions interact. Hooks mean unlimited new features that drive deeper liquidity and more swaps. The lowest cost version of the protocol yet. Pools on v4 are expected to be 99.99% cheaper to create, and swappers can expect significant savings on multi-hop swaps. Plus, native ETH…