A Bitcoin price of $150,000 may be “absolutely silly low,” says a crypto trader, citing the expected widespread adoption by countries and corporations that will use it as a store of value. A crypto trader says Bitcoin will likely blow past the $150,000 price target that some have tipped for in the current cycle —…
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The savvy trader made an over 1,500-fold return on investment despite the broader crypto market slump. A trader generated over $3.2 million in profit despite a slump in the broader crypto markets, which are still recovering from a lack of liquidity during the holiday season. The unidentified trader turned an initial investment of $2,137 into…
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A crypto trader says the altcoin total market cap needs to rise around 16% before “euphoria” sets in, and until then, the market could remain “choppy.” The altcoin total market capitalization must increase around 16% from its current level before the euphoric altcoin season begins; until then, volatility will continue, according to a crypto trader.…
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Despite having no intrinsic value, memecoins have created many new millionaires among crypto investors. A cryptocurrency trader has reportedly turned a $27 investment in the Pepe memecoin into an extraordinary $52 million profit, according to blockchain analytics firm Lookonchain. An unknown Pepe trader bagged the life-changing profits, crypto intelligence firm Lookonchain revealed in a Dec. 14 X post.…
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Dogecoin has surpassed the market capitalization of luxury automaker Porsche, driven by endorsements from Elon Musk and the potential launch of an exchange-traded product for the memecoin. Dogecoin has risen 175% during the past month to a $57.8 billion market capitalization, surpassing Porsche’s $56.1 billion market cap, as of 8:34 am UTC on Nov. 27,…
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Bitcoin is well into price discovery, but that is not stopping market participants from predicting a snap BTC price comedown. Bitcoin is dividing opinion as a weekend BTC price surge takes BTC/USD to nearly $80,000. BTC/USD 1-hour chart. Source: TradingView Mixed reactions as Bitcoin sees weekend surge Data from TradingView shows Bitcoin gaining almost $2,000 in a…
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The “Alts buy signal” chart is flashing a buy signal, with a trader linking it to levels Bitcoin hit before its price surged sixfold over six months. A prominent crypto trader believes altcoins might be in a prime accumulation phase, pointing out a buy signal that hasn’t triggered so low in over three years. “Altcoins…
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CNBC contributor and crypto investor Brian Kelly said Solana is one of the “big three” coins, meaning it’s likely to be the next to receive ETF treatment. Crypto investor and CNBC ‘Fast Money’ trader Brian Kelly sparked debate on Crypto X on Wednesday after suggesting that Solana (SOL) could be the next cryptocurrency to get a spot…
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The trader made an over 993x gain on their initial investment, spurring insider trading allegations. A savvy trader turned $2,275 worth of Solana tokens into a profit of $2.26 million in just eight hours. The memecoin trader’s wallet, known as “sundayfunday.sol,” made an over 993x gain on their 13 Solana token investment into newly-launched memecoin 1DOL, according to a…
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On-chain data shows that about $528,000 has already been cashed out, while the remaining tokens worth about $1.5 million remain in the trader’s wallet. A Solana dealer who began with an equilibrium of just 1.5 SOL hit it big subsequent to putting one token on a mythical serpent themed memecoin on the Solana blockchain. On…
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