Author: Benjamin Lee
Mantle is up 20% in 24 hours amid overall altcoin rcovery. The MNT token reached highs of $0.91 on Tuesday and could break to $1 and eye the all-time high of $1.51. Ecosystem growth buoys overall bullish momentum. Mantle (MNT) price has surged more than 20% in the past 24 hours, jumping from lows of $0.72 to $0.91. This uptick aligns with other altcoins’ bounces over the past day, with likes of Litecoin and Pump.fun among top gainers in the largest 100 coins by market cap. Notable gains for Mantle have come amid a 280% surge in daily volume to…
MYX Finance (MYX) price has skyrocketed amid hype around its upcoming V2 upgrade. Binance listing has also boosted the token’s visibility and sparked retail FOMO. MYX Finance TGE, two months ago, saw 30,296% oversubscription, fueling early demand. While the cryptocurrency market is no stranger to wild price swings, the recent surge in MYX Finance (MYX) has grabbed the attention of traders and analysts alike. Over the last 24 hours, MYX token soared by an astonishing 289%, briefly hitting an all-time high of $0.989 before pulling back to $0.8810 at press time. This dramatic rally has sparked widespread interest, especially as…
A widely followed crypto analyst who nailed the 2022 Bitcoin (BTC) crash is warning of an impending BTC meltdown. In posts in his Telegram channel, pseudonymous trader Crypto Capo tells his 129,000 subscribers that BTC and altcoins could see significant dips in price in the coming weeks as risk for a black swan event remains high. According to the trader, both altcoins and BTC could see staggering price drops that see them cut in half – or more. However, according to Capo, investors appear to be gobbling up the flagship crypto asset during dips despite signs of an impending crash.…
Morpho price rose as Morpho Labs joined other top real-world asset platforms in a new partnership. RWA powerhouses Plume, Centrifuge among those to support Ascend accelerator. MORPHO token jumped 10% in 24 hours to $1.85. The cryptocurrency market is up slightly on Monday, and Morpho (MORPHO) is one of the top gainers after posting double-digit gains in the past 24 hours. While the uptick aligns with overall crypto bounce that mirrors a surge across stocks, MORPHO is up after the crypto platform teamed up with other players across the real-world assets market to launch a new accelerator project dubbed Ascend.…
The crypto strategist who nailed the Bitcoin (BTC) local top in January believes that the memecoin Pudgy Penguins (PENGU) is gearing up for another upside burst. The pseudonymous analyst Bluntz tells his 326,600 followers on the social media platform X that PENGU looks poised for a wave-five surge. The trader relies on Elliott Wave theory, which states that a bullish asset tends to witness a five-wave rally, with waves one, three and five serving as upside moves and waves two and four acting as corrective periods. Says Bluntz, “This looks like the PENGU wave four, in my opinion. If you…
BitMEX co-founder Arthur Hayes is unloading his altcoin positions, believing that the crypto market will witness a correction this month. In a new post on the social media platform X, blockchain tracking firm Lookonchain spotted Hayes selling millions of dollars worth of Ethereum (ETH) as well as the memecoin Pepe (PEPE) and the stablecoin-focused project Ethena (ENA). “Arthur Hayes sold 2,373 ETH ($8.32 million), 7.76M ENA ($4.62 million) and 38.86 billion PEPE( $414,700)…” The crypto veteran says he’s selling his altcoins because he believes that Q3 will be a period of sluggish economic growth. Hayes believes monetary policies are not…
The digital asset management giant Grayscale has launched a new trust for a mid-cap altcoin that has doubled its value in the past month. Grayscale’s new Story Trust provides accredited investors with exposure to Story (IP), a layer-1 blockchain network focused on intellectual property. Story launched in February and aims to provide a scalable intellectual property solution on a blockchain where rights holders can upload IP, set the terms of use and monetize it throughout the protocol’s application ecosystem. The project also brings real-world data to artificial intelligence (AI) systems, including robots, surgical assistants and autonomous vehicles. Story’s native asset,…
Tether CEO Paolo Ardoino says the company behind the leading stablecoin is aiming to expand its offerings in the US. In a post on the social media platform X, Ardoino unveils the company’s plan for one of the world’s top financial markets as the stablecoin issuer releases its quarterly attestation for Q2 2025. “USDt growth is accelerating, leading the market with a 100B delta with the second-largest stablecoin. In the upcoming quarter Tether will focus on a new venture in the US, to build a best-in-class product suite (stablecoins plus more), designed for the specific, already highly efficient, market.” According…
Two decentralized science altcoins are wavering after gaining support from Coinbase, the top US-based crypto exchange platform by volume. In a new thread on the social media platform X, Coinbase announced the addition of two decentralized science (DeSci) protocols – Bio Protocol (BIO) and ResearchCoin (RSC) – to its suite of crypto products. Following the announcements, the tokens both fell in price. “ResearchCoin [and] Bio Protocol [are] 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.” BIO is trading for $0.0612 at time of writing,…
A closely followed crypto analyst says that one metric suggests Bitcoin (BTC) may decline to under $110,000 after losing a key support level. In a new thread, crypto trader Ali Martinez tells his 145,400 followers on the social media platform X that Bitcoin may decline more than 7% from its current value as the flagship crypto asset declines along with the broader financial markets. The crypto analyst looks at the Unspent Transaction Output (UTXO) Realized Price Distribution (URPD) model to determine the key support levels. The UTXO keeps track of the number of existing coins that last moved within a…