Author: Benjamin Lee

A crypto strategist with a history of timely Bitcoin (BTC) calls believes that the digital asset market will flourish this month. Pseudonymous analyst Pentoshi tells his 868,800 followers on the social media platform X that he sees the crypto markets rallying this month amid a slew of bullish catalysts. “It’s the start of a new quarter and a new month. It’s also Jubilant July. I gotta say. I feel extremely refreshed for the first time in a long time with all the positives happening. Stablecoin legislation is moving forward. More rails are being connected with traditional finance, banks and consumers.…

A closely followed crypto analyst is revealing bullish targets for Bitcoin (BTC) while updating his outlook on a handful of prominent altcoins. In a new strategy session, crypto trader Ali Martinez tells his 139,200 followers on the social media platform X that the top crypto asset by market cap looks poised to push to the $118,000 price level – a new all-time high – if it can finish with a daily close above $109,000. “Despite the broader quarterly outlook shared in this video, the daily chart for Bitcoin. BTC looks promising. A daily close above $109,000 could open the door…

A real-world asset tokenization platform has acquired a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). In a new thread on the social media platform X, decentralized finance (DeFi) and tokenization project Ondo Finance (ONDO) says it’s acquired the broker-dealer Oasis Pro as a means of bringing regulated tokenized securities to blockchains. “On the 250th birthday of America, we are proud to announce we’re taking the next step in our mission to bring financial markets onchain. Ondo is acquiring Oasis Pro – including its SEC-registered broker-dealer, Alternative Trading System (ATS), and Transfer Agent – laying the groundwork for…

A widely followed cryptocurrency analyst is issuing an alert, warning traders that altcoins appear poised to continue declining against Bitcoin (BTC). In a new thread, crypto trader Benjamin Cowen tells his 1 million followers on the social media platform X that US monetary policy will remain tight, suggesting that altcoin pairs versus the top crypto asset by market cap are heading to their range lows. “With the economy holding strong, it delays rate cuts and likely delays the end to QT [quantitative tightening]. This suggests that monetary policy will remain restrictive, continuing to support the idea that altcoin/BTC pairs are…

The top US crypto exchange platform by trading volume is abruptly adding support for Wormhole (W), causing the native asset of the cross-chain messaging project to rally briefly. In a new announcement, Coinbase Assets says it’s adding Wormhole, an interoperability project that allows communication between blockchains, to its suite of digital asset products. “Wormhole (W) is now live on http://coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the addition sent W flying, as the crypto asset went from a low of $0.61…

A widely followed cryptocurrency analyst and trader is suddenly turning bullish on altcoins. The analyst, pseudonymously known as Bluntz, tells his 322,200 followers on social media platform X that the Bitcoin dominance (BTC.D) metric is flashing a bearish divergence, setting the stage for alts to outperform the flagship crypto asset. A bearish divergence occurs when the price is recording higher highs and higher lows while an indicator such as the Relative Strength Index (RSI) is recording lower highs. The RSI indicator is a momentum oscillator used to determine oversold or overbought conditions. “The three-day BTC dominance bear divergence ended up…

SUI is currently priced above $3, rallying higher following a descending wedge breakout. An ascending triangle pattern on the 4-hour chart signals bullish flip. However, while MACD suggests buyers are in control, the RSI is near overbought territory. Sui (SUI) has surged to the critical $3 resistance level, breaking above it amid double-digit gains in the past 24 hours. CoinGecko data shows SUI price trading more than 11% up in this period, with a notable 102% spike in trading volume that hovered around $1.28 billion. The price gains to intraday highs of $3.05 put the altcoin above a key supply…

U.S. Treasury Secretary Scott Bessent is confident that people around the world are going to choose stablecoins over central bank digital currencies (CBDCs). In a new interview with Bloomberg, Bessent says the stablecoin sector creates an “exciting new payment rail.” “And importantly, it will be a source of demand for the US Treasury market, because if you think about it, in terms of preference globally, would you rather have a private stablecoin that’s backed by US Treasuries with US best practices and regulation, or would you rather have an [European Central Bank] or [People’s Bank of China] central bank digital…

An analyst known for being crowned as a “Master Trader” on the crypto exchange Bybit believes that a huge upside move is in sight for one Solana (SOL) rival. Pseudonymous analyst Bluntz tells his 321,600 followers on the social media platform X that the native asset of the layer-1 protocol Sui (SUI) is in the midst of a new five-wave rally after completing an ABC correction. The trader utilizes the Elliott Wave theory in his technical analysis. The theory states that a bullish asset tends to witness a five-wave surge after completing an ABC pullback. Says Bluntz, “A lot of…

An analyst known for attaining the “Master Trader” rank on the crypto exchange Bybit believes that rallies are in sight for Solana (SOL). Pseudonymous analyst Bluntz tells his 321,400 followers on the social media platform X that he’s now bullish on the native asset of the layer-1 protocol after moving above a diagonal resistance that has kept SOL bearish since late May. The trader thinks that Solana and other coins operating on its network will witness rallies this week, at the very least. “Nice downtrend break on SOL overnight, I think we’re in for a good week [this] week. SOL…