VanEck Predicts Solana Could Reach 50% Of Ethereum’s Market Cap, Targeting $330 Per SOL

Este artículo también está disponible en español. Currently, Solana (SOL) is the fifth-largest cryptocurrency, with a market capitalization of approximately $71 billion. Following the recent decision by the US Federal Reserve to cut interest rates by 0.50% on September 18, the cryptocurrency market has seen a resurgence in investor confidence, leading to notable price increases for SOL. In light of these developments, asset management firm VanEck, through its research arm MarketVector, has released compelling predictions regarding Solana’s future. The report highlights Solana’s technological advancements and raises questions about its current market…

Crypto Analyst Identifies Cardano Buy Signal And Parabolic Rally To Send ADA Price To $5

Este artículo también está disponible en español. As the altcoin season approaches, Cardano (ADA) is gaining momentum, having recorded more than a 14% increase in the past week, according to CoinMarketCap. Notably, a crypto analyst has identified a strong buy signal for ADA, suggesting that it could potentially set off a parabolic rally that might drive the price of Cardano to new all-time highs around $5.   Cardano New Buy Signal To Trigger Rally To $5 On September 24, crypto analyst, TradingShot published a detailed analysis and report on Cardano’s price…

Bitcoin Capped Below $65,000 As RSI Falls Below 80 In Monthly Chart: Should You Worry?

Este artículo también está disponible en español. Bitcoin is firm at press time. According to CoinMarketCap data, the world’s most valuable coin is changing hands above $63,500, steady on the last day and up a decent 7% over the previous week of trading. Technically, the uptrend remains as long as prices stay above the support zone at around $58,000 and $60,000. Bitcoin Up 30% From August Lows, RSI Dips Below 80% Level In The Monthly Chart At press time, traders are upbeat and optimistic, which could form the base of…

Ethereum Whales Spend $185 Million To Accumulate 70,000 ETH, Time To Buy?

Este artículo también está disponible en español. Ethereum has largely mirrored Bitcoin in terms of price action and has yet to break out on its own accord in the past few months. According to price data, Ethereum is up by 13% in the past seven days, outpacing Bitcoin’s increase of 5.8% in the same time frame. Behind this interesting increase in Ethereum are some large Ethereum holders who seem to be increasing their holdings.  Notably, on-chain data from multiple analytics platform points to an uptick in activity from Ethereum whales…

Solana (SOL) Consolidates in Symmetrical Triangle – Analyst Reveals $160 Target On Breakout

Este artículo también está disponible en español. Solana (SOL) is now trading at a critical juncture following last week’s market surge. The token has climbed over 20% from its recent local lows, now testing a crucial supply level around $150.  Related Reading This resistance zone has drawn the attention of analysts and investors, with many believing Solana is on the verge of a rally to higher price levels. Among those who are bullish on SOL is prominent analyst Carl Runefelt, who recently shared a detailed analysis, predicting that Solana could…

SUI Eyes $1.45 Retest Following Breakout: Will Bulls Defend Support?

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

Chainlink Sees 296% Jump In Large Transactions As Active Addresses Rise 14.7%, What’s Going On?

Este artículo también está disponible en español. Chainlink whales are once again on the move in what seems to be a general reawakening. Large transactions on the blockchain network have ballooned recently, alongside a drastic increase in active addresses, hinting at a notable development. Therefore, in this report, we take a look at the significant increase in whale transactions and active addresses, as well as what could have triggered this burst of interest on the previously muted blockchain. Chainlink Whale Volumes Rises 295.93% According to data from the IntoTheBlock website,…

Ethereum Gains On Bitcoin Following Fed Rate Cut: Altseason Soon?

Este artículo también está disponible en español. Ethereum (ETH) price has outshined Bitcoin (BTC) over the last week since the US Federal Reserve (Fed) slashed interest rate by 50 basis points (bps) on September 18, 2024. Ethereum Gains On Bitcoin, Prelude To Altseason? Ethereum has had an impressive last few days as far as its price action is concerned. ETH has surged by 16% to $2,666 since the Fed cut rates for the first time in four years. BTC has risen by 9% in the same period, trading at $63,643…

Cardano Reclaims Top 10 Crypto Spot, Analysts Set New Targets

Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities…

Bitcoin Held For Years Are Now On The Move, Is This A Signal For Caution?

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…