Altcoin News Daily Official TheBitTimes.com

A popular analyst thinks that one red-hot altcoin has a lot more upside potential after putting up huge gains within weeks. The pseudonymous analyst known as Altcoin Sherpa tells his 242,900 followers on the social media platform X that layer-1 blockchain Sonic (S) may soon hit $1. “S is still one of the strongest mid-caps there is right now. People forget this coin went to almost $4 last cycle. [Sonic Founder Andre Cronje] bull posting a lot plus some interesting activity over there. Send it way higher.” He also predicts that S may soon increase more than 16% of its current value to hit a psychological price level. “S: insanely nice chart. $1 is destined in my opinion.” Sonic soared from its $0.359 on February 3rd to $0.8615 at time of writing, a 140% gain. Next up, the trader says that Bitcoin (BTC) is stuck trading within an enduring range but suggests it may soon break out. “BTC: this price action will continue to give us load...

The widely followed trader and analyst Michaël van de Poppe is highlighting one crypto project in the Ethereum (ETH) ecosystem whose token he believes could go up by triple-digit percentage points. Van de Poppe tells his 773,600 followers on the social media platform X that blockchain oracle Chainlink (LINK) appears bullish against Bitcoin (BTC) and could double in price. According to the widely followed analyst, the Chainlink/US dollar pair could subsequently appreciate by around 169% from the current level. “LINK forms a higher low, which indicates that we’re likely into a new uptrend. My first target is around 2x in BTC value, which should equal around $40 – $50.” Source: Michaël van de Poppe/X LINK is trading at $18.60 at time of writing. Next up is the native token of the layer-one blockchain project Sui (SUI). The widely followed analyst says Sui could go up by around 61% from the current level after bouncing off a major support z...

Analyst and trader Michaël van de Poppe is flipping bullish on one layer-1 protocol following a massive correction. Van de Poppe tells his 772,700 followers on the social media platform X that NEAR, the native cryptocurrency of Near Protocol, could surge to $20 within months, a 500% increase from its current value. “Pretty ideal spot for NEAR. It took all the liquidity beneath the lows and seems to have a strong weekly candle. If this is the liquidity sweep, then next target is $15-$20 in the next three-six months.” Source: Michaël van de Poppe/X NEAR is trading for $3.33 at time of writing, up 5.6% in the last 24 hours. Next up, the  analyst says Bitcoin (BTC) may trade sideways until it can break through the resistance level at its all-time high of around $108,000. “Anyways, Bitcoin stuck in the range, the real inflection will occur once it breaks ATH. For now, just consolidation before the next leg up.” Source: Michaël van de Poppe/...

Bitcoin might crash after a fake price rise that failed to reach new highs. Expert trader Alan Santana sees multiple danger signs in current market conditions. Bitcoin has dropped for five days straight – something not seen since May 2023. Market data shows consistently low trading volumes and weakening price support levels, raising serious concerns about future price stability. Also Read: How High Bitcoin (BTC) May Pump If Trump Wins The US Elections? Navigating Bitcoin’s Volatility: Expert Insights and Price Analysis Image: Watcher Guru Bitcoin (BTC) Critical Support Levels Under Pressure BTC now sits at a key price point of $69,000, with mounting pressure from sellers. Santana warns of a major market crash that could push prices down to $40,000 if it drops below this mark. Recent charts show a clear “rounded top” pattern, which typically signals more price drops ahead. A failed attempt to break through the $73,800 resistance level strengthens the bearish case....

The cryptocurrency industry has continued to change the lives of its investors. While Shiba Inu (SHIB) and other meme coins were previously making headlines for doing this, several new assets were bringing in similar gains for investors. More recently, an investor managed to turn a mere $95 to nearly $100,000 within a day. Also Read: Dogecoin Whales Pocket 1.40 Billion DOGE: 20 Cents Incoming? Recent data from Lookonchain revealed that a cryptocurrency trader who traded Incept (INCEPT) saw a return of more than 1,000 times, growing $95 into as much as $96,900 in just 12 hours. Unbelievable! Turned $95 into $96.9K in just 12 hours—more than a 1000x return! Many of the wallets that made ~1000x profit on $INCEPT appear to be insider wallets. They were all created 4 days ago and have only traded $INCEPT.https://t.co/AvNHFbRjpO pic.twitter.com/aOm3z1VXAx — Lookonchain (@lookonchain) September 26, 2024 But it was revealed that the address might have belonged to an insider. The Lookoncha...

A trader who continues to grow his following with timely altcoin calls thinks that an Ethereum (ETH)-based memecoin is gearing up for a huge upside move. Pseudonymous analyst Bluntz tells his 270,400 followers on the social media platform X that he has his radar locked on the memecoin Pepe (PEPE). According to the analyst, PEPE’s two-hour chart resembles Bitcoin’s (BTC) price action in January 2023 when it was bottoming and trading at around $16,000. “Took one look at PEPE this morning and had deja vu like I’d seen this before. I had and it was BTC at the 16,000 cycle bottom lows.” Source: Bluntz/X After bottoming out in January last year, Bitcoin rallied to a fresh all-time high of $73,737 in March of this year – an over 360% rise in about 15 months. At time of writing, Bitcoin is trading for $64,199 while PEPE is worth $0.0000094. The analyst also names a handful of memecoins that he thinks will move faster than other altcoins ...

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 Eco...

An anonymous crypto currency trader increased their holdings by approximately 10 times in one month , to $3.23 million . This facet was achieved by trading low-cap tokens, following a high-risk strategy that, this time, resulted in a favorable outcome. The achievement was first noticed by Lookonchain , who reported about it on X (formerly Twitter) on December 15. Notably, the anonymous trader started with $315,000 and achieved $2.98 million in digital assets when Lookonchain posted the story. The total assets of this trader increased from $315K to $2.97M in only one month. 1/ How did he do it? pic.twitter.com/M7dajQkMRn — Lookonchain (@lookonchain) December 15, 2023 However, the amount has already surpassed the $3.23 million at the time of publication and is continuously increasing. Finbold retrieved this data from Zerion , which shows a starting value of $346,186 one month ago, on November 15. Address: 0x0b6a06c07c58d13b6c725dbdb9cd1e2f6bac5527. Source: Zerion $2 millio...

Bitcoin briefly spikes above the $38,000 mark as a new low-timeframe BTC price battle breaks out. Bitcoin (BTC) bulls kept the pressure on 18-month highs on Nov. 24 as analysis eyed buyer interest spiking. BTC/USD 1-hour chart. Source: TradingView Bitcoin fights for new 18-month high Data from Cointelegraph Markets Pro and TradingView showed the BTC price trajectory heading upward into the Wall Street open. The largest cryptocurrency saw increasing momentum during the Asia trading session, this nonetheless with its roots on derivatives markets. Following the action, popular trader Skew confirmed that a single entity was likely behind the latest charge on $38,000. “Some buyer probably single buyer is trying to push the market higher here ~ clear correlation between spot & perp CVDs / Delta,” he wrote in part of his latest post on X (formerly Twitter.) $BTC Update Looking like there's some direction buyer again here on binance - they're bidding spot & opening a long S...

Trader Peter Brandt shared his thoughts on the prospects for further movement of BTC. The trader believes that the next growth target for Bitcoin (BTC) could be the level of $43,200. The forecast is based on calculations of the expected trajectory of the asset through the measurement of technical Analysis figures. Here is another targeting technique. In the case of a flag or pennant, measure the flag pole height into the flag and project the same measurement from the last small reaction low within the flag $BTC https://t.co/EylfbXS3CN pic.twitter.com/dXJM6HGnFr — Peter Brandt (@PeterLBrandt) November 9, 2023 Prior to this, Brandt gave a long-term forecast for Bitcoin. According to his calculations, cryptocurrency will enter an active growth phase no earlier than the third quarter of 2024 after the spring halving. Anyone who declares they know the future path of any market is a fool. Markets will ALWAYS surprise. Yet, with this disclaimer, I believe: 1. The $BTC bottom ...

A trader has banked millions of dollars with an options bet against Coinbase placed just a day before the Securities and Exchange Commission ( SEC ) issued its suit against the exchange. Earlier this week, the regulator also filed charges against Binance. The trade, made on Monday morning, was spotted by Unusual Whales and was placed via multiple put options bets with a target price of $50 and a total premium of $107,000. The trader is estimated to have made more than $25 million on the trade. Coinbase’s share price was down by nearly 19% on Tuesday morning. The stock began crashing on Monday when rival exchange Binance received its own suit from the SEC and as much as $81 billion worth of crypto was traded. Bitcoin ended 5% down on the day with as much as $300 million worth of liquidations , most of them on the long side. This activity made for one of the most intense days in Crypto this year. Coinbase insiders are still offloading shares Meanwhile, Cathie Wood of Ark I...