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A trader known for well-timed altcoin calls believes that a Solana (SOL)-based meme token has started a new uptrend. Pseudonymous analyst Bluntz tells his 263,800 followers on the social media platform X that memecoin dogwifhat (WIF) has likely carved a bottom. According to the analyst, WIF is already flashing signs of a bullish reversal on the lower time frame after a deep corrective move from its all-time high of $4.83. “Starting to feel confident WIF bottom is now in. Not only did we get a nice 70% correction from peak to trough down to $1.46, but the structure played out in a long drawn-out three waves exactly as I wanted to. We now also have an impulsive five-wave rise from the lows, the first one in months. It’s likely a major bottom while 1.46 holds in my opinion, am now fully allocated to WIF again.”  Source: Bluntz/X Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave rally followed by a three-wav

Despite the hope of traders, a Ripple (XRP) and a Cardano (ADA) ETF is not likely to come to fruition in the near term. GSR has released a new report that includes its ETF Possibility Score, that judges how likely a cryptocurrency is to get its very own exchange-traded fund. The new data takes into account both the decentralization of the token, and how much demand is present for the investment product. Subsequently, the report reinforced the interest in a Solana-based ETF, but placed a lot of doubt on other prominent digital assets. Source: Watcher. Guru Also Read: Ripple CEO: SEC Chair Gensler Will Cost Biden the 2024 Election XRP and ADA Not Likely to Get an ETF Soon, Data Shows This year, both Bitcoin and Ethereum received the first crypto-based ETFs in the United States. Although the latter has yet to go live, both have indicated a massive step forward for the industry in the country. Now, traders are looking at the current pool of crypto’s and awaiting what asset could be next. A

Shiba Inu rising 1,000% in the charts is nothing new. It has seen glorious heights in 2021 and jumped unbelievable numbers in a short period. For the uninitiated, SHIB spiked 85,000,000% (85 million percent) between 2020 to October 2021. It deleted six zeroes in less than 10 months back then making early investors turn millionaires. Even the global stock market, commodities, forex, Bitcoin, and Ethereum failed to deliver this much returns to investors. Also Read: Shiba Inu: What Will SHIB’s Price Be if Bitcoin Hits $350,000? On October 28, 2021, SHIB spiked 1,000% in a month and reached a new all-time high of $0.00008616. The phenomenal rise made headlines around the world leading to an influx of new and first-time investors into Shiba Inu. The token’s marketing specialist LucieSHIB took to X saying that SHIB could replicate its 1,000% rise again. Also Read: When Will SHIB Reach 50 Cents? Shiba Inu Will Rise Between 800% to 1,000% Again, Says SHIB Team Member Source: Pixabay LucieSHIB

A widely followed crypto analyst and trader says that one top-10 altcoin could be gearing up for a massive rally. Crypto strategist Ali Martinez tells his 65,700 followers on the social media platform X that the native token of layer-1 blockchain Toncoin (TON) could soar more than 19% from its current value. “Toncoin is poised for a … rise towards $9 after breaking out of an ascending triangle!” Source: Ali Martinez/X Toncoin is trading for $7.53 at time of writing, down 1.5% in the last 24 hours. Next up, the analyst warns that Bitcoin (BTC) could retest lower levels if it falls to $60,700. “Don’t get too excited yet! If Bitcoin drops to $60,700, around $22 million will be liquidated!” Source: Ali Martinez/X However, he also says that Bitcoin may be printing a bullish pattern on the hourly chart if the number one digital asset can reclaim $62,200 as support. “Bitcoin seems to be shaping an Adam and Eve bottoming pattern, signaling a potential 6% rise towar

Bitcoin (BTC) is showing signs of approaching a significant low, presenting a potential buying opportunity for investors and traders. Recent price movements indicate a gradual rounding off from its recent peaks, reflecting a slow but steady decline in market enthusiasm and buying pressure.  This trend suggests that a major low could be imminent, which savvy investors might leverage to their advantage. Trading expert Alan Santana projected on June 26 that Bitcoin could soon test several key support levels. Currently, Bitcoin is hovering around the $62,473.33 mark, which corresponds to the 0.618 Fibonacci retracement level—a historically strong support during downtrends.  Picks for you Robert Kiyosaki reveals why he won’t invest in Bitcoin ETFs 19 mins ago

Real Vision analyst Jamie Coutts thinks high-quality altcoins could be primed for price surges as global liquidity ramps up. Coutts tells his 18,600 followers on the social media platform X that the market looks close to washed out, global liquidity is about to turn higher and the risk/reward picture looks “increasingly favorable” for high-quality altcoins. “Top 200 Equal Weight vs. market cap weight ratio at extreme bearish levels. Currently, it’s -2.8 standard deviations ~ a bearish extreme that only hit on three previous occasions. • 2021: During a bull market that proved to be an excellent re-up for the cycle. • 2022: prematurely, but close to the cycle lows when the market was 70% down. • 2023: Near the SEC-catalyzed capitulation lows, Alts decisively broke higher four months later. Despite a small sample size, this breadth measure hints at upcoming cyclical bottoms and mid-cycle entries. Current data parallels 2021’s mid-cycle slump, not 2022/23’s end.”

A crypto trader has been actively trading PEPE and decided to capitulate for an accumulated $2 million in losses. This is because the trader started selling his PEPE stack below the dollar-cost average (DCA) as crypto currencies experienced a crash. Finbold retrieved data from SpotOnChain on June 26, consolidating the trading history and results from the Ethereum (ETH) address ‘0x8376…‘. Overall, this crypto trader purchased 2.253 trillion PEPE at an average price of $0.00001325 per token. Lately, the whale started selling this stack, with an increased selling activity in the past 8 hours from publication time. Picks for you Will Germany's 900 BTC dump tank Bitcoin below $60,000?  23 mins ago Nobel Prize winning Economists warn

Light Protocol and Helius Labs have introduced a new feature that aims to allow developers to build applications on Solana (SOL) at scale. Mert Mumtaz, chief executive of Helius, a Solana developer optimization service, says the new ZK compression feature will reduce costs directly on the project’s layer-1 without requiring layer-2s. “TL;DR (too long; did not read) – we compress on-chain state to get 10,000x scale improvements and get one step closer to building The Financial Computer – an unstoppable, global, atomic state machine syncing at the speed of light. For non-technical folks: developers can now build and scale literally anything they want directly on Solana without needing to leave it. Example cost difference: Take an airdrop to 1,000,000 users. This today would cost over $260,000 for state alone. Now, it’s $50 – 5,200x cheaper. But a token account is just one example of this – *everything* on Solana is an account, meaning everything can be scaled.” T

The Brett price dropped 12% in the last 24 hours to trade at $0.1303 as of 4 a.m. EST on trading volume that surged 59% to $35 million. Brett is one of the largest and most popular meme coins, currently holding the position of the 7th-largest meme coin by market capitalization in the entire industry. Brett’s correction comes as its price was once again rejected by a resistance at $0.15. The token has been trying to breach this resistance for over a week now. About two weeks earlier, its price surged past this barrier to $0.18, only to see a strong correction back to $0.13. Since then it has been stuck between $0.13 and $0.15. Most other meme coins are struggling now, too, as bearish sentiment envelopes the crypto market. Brett Price Prediction The BRETT price recently dropped quite strongly, but there is a reason to expect a strong surge in the near future. In fact, the token might skyrocket over the next few hours, judging by some of the technical indicators. Brett’s Bollinger

Telegram-backed Toncoin (TON) has been the talk of the crypto town lately, its price soaring to a record-breaking $8.15 before settling around $7.60. This dramatic rise, coupled with technical indicators flashing both caution and bullish signals, has investors on the edge of their seats, wondering: is this a short-lived party or the beginning of a major ascent? Related Reading Forget The Dip! XRP Primed For Epic Rally To $36, Expert Claims 16 hours ago Cup, Handle Hints At Takeoff, But TDS Warns Of Bumpy Ride Analysts are divided on TON’s immediate future. Crypto technician Ali Martinez throws a bucket of cold water on the recent euphoria, pointing to a “sell signal” on the TD Sequential indicator. This suggests a potential price correction lasting 1-4 trading sessions.

Jacob Bury's latest video has injected a much-needed dose of optimism into the crypto community, signaling a promising rebound in the market. As investors scan the sea of green on their crypto dashboards, a new coin has emerged, the  Moonbag Meme coin . It captures the meme coin spirit while promising substantial returns. This article delves into what makes Moonbag a compelling prospect in the volatile world of cryptocurrencies. Jacob Crypto Bury, a renowned crypto expert with a keen understanding of the market, is endorsing a MoonBag meme coin. Moonbag’s Innovative Features and Strategic Plans Moonbag distinguishes itself in the meme coin landscape with robust features and a promising roadmap. In its Presale phase, Moonbag is making waves with a unique blend of community-driven initiatives, impressive staking rewards, and strategic burns and buybacks designed to maintain and increase its value. Moonbag's Presale is progressing smoothly, having raised over $2.6 million

The Bitcoin price performance over the past week failed to bring glory to the crypto market, as the leading cryptocurrency struggled once again. This trend was mirrored across almost all large-cap assets, many of which experienced significant losses. Unfortunately, recent price action data suggests that the Bitcoin price is not safe yet, as there is potential for further downside over the coming days. Is $60,000 The Next Stop? In a new report, blockchain intelligence firm CryptoQuant put forward an interesting prognosis for the price of Bitcoin based on its recent movement. According to the analytics platform, the premier cryptocurrency could be headed for the $60,000 price mark after losing a significant support level. Related Reading Survival of the F

Meme tokens are built off internet memes and jokes. These tokens tend to develop a community of loyal online followers and investors. Our team at Insidebitcoins has curated a list of some of the best meme coins with high potential in this post. We will examine some of the critical factors influencing their value. Furthermore, crypto prices continue to plummet. Investors are increasingly turning to meme coins, signaling a resurgence in their popularity. Currently, meme tokens are generating bullish waves across the crypto-verse, with the post-Bitcoin halving uproar set to sustain this uptrend. Best Meme Coins To Invest In Today In an announcement that swept through the crypto market, SquidGrow confirmed integrating their utilities with the Ryoshi L2 network. The collaboration lets holders swap tokens and purchase NFTs with $SHIB through SquidGrow utilities on Ryoshi L2. The partnership and several other strategic moves have seen the meme token being positioned towards being a top