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A strong indication of a bull market is upon the crypto space, evident from the surging prices of top altcoins and the frontrunner crypto Bitcoin. XRP, after years of legal battles and stagnancy, seems to have gained momentum as well, thanks to the current market sentiments. Alongside speculation for a massive XRP pump, investors have also been patiently waiting for Bitcoin to finally cross the $100k mark. This anticipation has resulted in the number of investors surging as well, with a majority looking for projects to make huge profits on. How Long Till XRP Hits $2? The market conditions have already been bullish, and XRP seems to have been announcing major developments one after the other. The mix of this may have heavily contributed to the pump that it has been recording up until now. The past two weeks also experienced a massive surge in whale activity, with a majority of top buyers restocking up on more and more XRP tokens. Santiment, the popular research company had shared in...

A widely followed crypto analyst believes that digital assets are in the “first stage” of a bull market. Crypto trader Michaël van de Poppe tells his 729,100 followers on the social media platform X that two trends are indicating a digital asset market with more upside potential. “The first stage of the bull is recognized by two different things: People are stuck in the bear market mindset. The price action is weak and slow. That’s the current stage. Prices are crawling upwards, but not as much. What does it mean? Buy the dip and hold on altcoins.” Next up, the analyst says that Solana (SOL) rival Sui (SUI) may retrace to $1.85 before having another massive breakout. “SUI did run away and printed a new all-time high. The first one! Didn’t allow me to enter, but it might be topped for now. Looking at the same region or $1.85 for entry zones. Massive runner.” Source: Michaël van de Poppe/X SUI is trading for $1...

With the recent rate cuts by the United States Federal Reserve (‘Fed’) providing a bullish trigger for the price of Bitcoin (BTC), the maiden cryptocurrency has managed to cross the critical level at $60,000 and continue upwards, and artificial intelligence (AI) algorithms have turned bullish. As it happens, for the first time in over four years, the U.S. central bank has cut the interest rates, and by no less than a half point, in an aggressive beginning of its easing campaign, helping Bitcoin to recover from its losses amid uncertainty prior to the Federal Open Market Committee (FOMC) vote. AI’s Bitcoin price prediction In this context, Finbold has consulted the advanced AI algorithm deployed by the crypto market analytics and forecasting platform PricePredictions , which has set Bitcoin’s price in an uptrend for the rest of the month, predicting it to hit $70,107.84 by October 1, 2024. Picks for ...

Smart contract platforms have reached all-time highs in active addresses in the face of a price correction – a good sign for the asset class, according to analyst Jamie Coutts. Citing active address data from the analytics platform Artemis, Coutts says that the surge during the current price dip is a positive sign. “The daily active addresses metric for Smart Contract Platforms (SCP) hits an all-time high of 17 million, up from 5 million 12 months ago. Total Mkt Cap is down -35% since March but up 63% from a year ago. This is a healthy correction in a secular bull market.” Source: Jamie Coutts/X According to Artemis’ data, active addresses for Solana have been skyrocketing since late 2023, and have since eclipsed Ethereum (ETH). However, Ethereum still leads Solana in stablecoin market cap, stablecoin transfer volume, total value locked (TVL) and other metrics. Source: Artemis In a new video update, Coutts says that market liquidity is start...