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A popular economist believes that one altcoin project supported by the BNB Chain ecosystem is setting the stage for a massive breakout. In a new X post to his 215,200 followers, Alex Krüger says that Plasma (XPL) is likely to have an explosive move to the upside once the token forms a local bottom. Plasma is a proof-of-stake (PoS) layer-1 project optimized for large-scale stablecoin payments and compatible with Ethereum (ETH). “Seeing widespread FUD (fear, uncertainty and doubt) around Plasma following its two-day ~40% price correction. Dump is driven by profit taking from unlocked ICO (initial coin offering) participants (non-US participants were unlocked) who are/were up about 20x-30x in under four months, in size. Abnormally high funding can be indicative of spot selling. Expect a strong move up as soon as indiscriminate spot selling subsides, whenever that may be.” Source: Alex Krüger/X Popular analyst Altcoin Sherpa is also predicting an XPL bo...

Binance Coin has surged tremendously, hitting the highly ambitious $ 1,000 price point in due time. The token has long been working its way up to secure high price levels, all while making necessary changes in its ecosystem to ensure a smooth transition to new price levels. Now that BNB has reached a new high of $ 1,000, can the token explore new price realms by September 30, 2025? Also Read: $1000 in BNB is Worth $10 Million After New All-Time High Binance’s Changpeng Zhao Reacts to BNB’s $1000 Peak Source: Bitcoin Sistemi BNB has claimed a marvelous new feat. The token has claimed the highly ambitious $1000 price mark, compelling Binance’s CEO Changpeng Zhao to celebrate this news. Talking about this new feat on X, Zhao tweeted how multiple reasons are responsible for helping BNB surge high in the process. For instance, CZ shared how the current US stance played a significant role in supporting the overall progress of the token. “First and foremost, I think the new pro-crypto US...

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Bitcoin (BTC) appears poised for a significant short squeeze as it edges toward the $110,000 mark and potentially a new all-time high. Specifically, there is a notable buildup of short positions near $119,000 across exchanges like Bybit, OKX, and Binance. If Bitcoin continues its upward move, as much as $1.4 billion in shorts could be liquidated, triggering a potential short squeeze, according to the latest on-chain data retrieved by Finbold from Coinglass on June 29.  Bitcoin exchange liquidation map. Source: Coinglass The liquidation map shows rising short leverage even as long exposure declines, signaling imbalance. Therefore, a breakout above $110,000 could act as a catalyst, forcing shorts to cover and pushing prices higher. It’s worth noting that Bitcoin’s recent rally has been fueled in part by easing geopolitical tensions in the Middle East. To this end, analysts suggest that the rebound may lead to a new all-time high, potentially in the c...

Despite being on the low for quite some time, Ethereum (ETH) was seen climbing up the price ladder. The cryptocurrency jumped from a low of $1,766 to a high of $2,620.90. This marked a massive spike of 41% throughout the past week. This uptick came as a major surprise to the community. Ethereum was one of the assets that barely saw any changes in its price during the past year. The last rise has brought respite to a wide range of investors. Can the largest altcoin continue this trend? Also Read: JP Morgan Predicts $6000 Gold Price If This Key US Asset Shifts Unfolds Ethereum Garners Support Above $2,500 Source: Watcher Guru The Ethereum market enjoyed a notable spike during the past 24 hours. The asset jumped by nearly 1% and was trading at $2,544.25 at the time of writing. Even though ETH has grown by 60% over the last month, the altcoin is at a distance from its all-time high. The second-largest cryptocurrency is currently trading 47% below its all-time high of $4,891.70. This peak w...

The SEC lawsuit against Ripple has sent pretty serious shockwaves through the cryptocurrency market, with XRP’s price surging nearly 30% in just two weeks. This remarkable XRP price surge follows the SEC’s decision to drop its appeal against Ripple. Technical Analysis suggests a possible 75% gain as legal hurdles clear, and this is certainly fueling the XRP market rally that we are seeing at the time of writing. Also Read: UAE Commits to 10-Year, $1.4T Investment in US After Trump Meeting XRP’s Legal Battle and SEC Lawsuit Outcome Could Trigger Major Rally Source: Bitcoin News The SEC lawsuit appears to be concluding some major implications for XRP’s future from now on. On the date of March 19th, the SEC dropped its appeal, and then Bitnomial also went ahead and dismissed its SEC lawsuit before launching the first CFTC-regulated XRP futures in the US. Technical Pattern Signals Potential 75% Gains XRP’s chart shows a symmetrical triangle pattern signaling a...

The cryptocurrency market has been witnessing an influx of exchange-traded fund (ETF) applications. While assets like Dogecoin (DOGE), Solana (SOL), XRP, and Litecoin (LTC) ETFs are being filed, firms have been exploring newer assets. More recently, Canary Capital has submitted paperwork to the Securities and Exchange Commission (SEC) to roll out a SUI ETF. Amidst this, the asset witnessed a slight uptick. But the community is hoping to see a bigger rise during this month. Also Read: GTA 6 Map Mod Lets You Explore New Vice City Early! Looking Into SUI’s Latest Increase Source: ChainWire SUI was one of the very few assets that recorded a rise throughout the past seven days. The cryptocurrency surged by 6.29%. Earlier today, the altcoin went from trading at a low of $2.26 to a high of $2.38. This comes after a 1% increase over the past 24 hours. While this might not be much of a rise, SUI was trading at $2.32, at the time of writing. Source: CoinMarketCap The approval of Canary Capi...

The Shiba Inu price surged 11% in the last 24 hours to trade at $0.00002511 as of 3.25 a.m. EST on trading volume that skyrocketed 246% to $6.31 billion. The second-largest meme coin by market cap has now soared 49% in the past seven days, largely thanks to the post-election crypto rally that has taken Bitcoin to a new all-time high beyond $81k. The meme coin initially surged to the price of $0.000028 on Nov. 10, but this was a major barrier that rejected its price. The project made two more attempts to breach the resistance, with both being unsuccessful. However, a support at $0.000025 prevented its price decline, keeping it in close proximity to the resistance, which provides it with a possibility of more attempts, and even a potential success. Shiba Inu Price Prediction At the time of writing, the SHIB price sits just above the support at $0.000025, although it is difficult to tell where it will go from here. Its technical indicators suggest that another attempt to breach the ...

With XRP exhibiting bullish sentiment in the short term, historical technical indicators suggest that the cryptocurrency has more upside potential. In this regard, crypto trading expert Cryptoinsightuk pointed out in an X post on August 20 that XRP has flashed a bullish signal on the four-hour chart. According to the Analysis , XRP’s four-hour Relative Strength Index (RSI) has again entered the overbought zone, a condition that preceded a significant price surge. Picks for you This is how much you’d have if you bought a single gold bar 20 years ago 1 hour ago Brandon Aiyuk's net worth 2024: How rich is the San Francisco 49ers wide receiver? 1 hour ago ...