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Nakamoto CEO and crypto advisor to the Donald Trump administration David Bailey says that Bitcoin (BTC) would already be at $150K if it weren’t for two whales that he believes are actively selling the crypto.  “The only reason we’re not at $150k right now is two massive whales,” Bailey said on X. “Once they’re slain” BTC will go “up only,” he added. He said that one whale has already been taken care of, leaving the market to absorb sales only from the other.  Bailey’s post comes after a whale sold 24K BTC worth approximately $2.7 billion on Aug. 24, leading to a flash crash in the crypto market. This liquidated around $500 million in leveraged positions over the course of minutes.  Whales Appear To Be Pivoting From Bitcoin To Ethereum The selloff by Bitcoin whales appears to be part of a pivot from the leading crypto to the largest altcoin by market cap, Ethereum (ETH). One particular whale, which on-chain...

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Bitcoin (BTC) is showing signs of weakness after failing to break through critical resistance levels, but an analyst is suggesting the current bearish momentum may be short-lived, though investors should brace for more near-term losses. According to Analysis by Master Ananda in a TradingView post on August 20, Bitcoin’s inability to move past the $122,524 resistance level has triggered a double-top bearish signal, pointing to the likelihood of a deeper correction in the short term. Bitcoin price analysis chart. Source: TradingView The next key level to watch is the 1.618 Fibonacci extension at $102,077, which Ananda identified as the main support target, with the possibility of a further drop toward $100,000. While $112,000 has provided temporary support, the analyst believes it is unlikely to hold given the current long-term chart structure. The correction, however, is expected to last only a few more days before Bitcoin finds its footing. Altcoins, which typica...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Ripple’s XRP climbed above $3 this week but briefly dipped to the $2.95 level on Wednesday, as CoinGecko reveals. The leading altcoin remains in the red for seven consecutive days, going from a low of $2.36 to a high of $3. It spiked 26.5% in a week, generating stellar profits for investors in a short period. Now that XRP has reached the $3 price target, will it continue to surge in the charts further? In this article, we will explain which direction Ripple’s native token could move next. This can help you take an informed decision on whether to take an entry position or wait for the dips. Also Read: Ripple Signs Crypto Custody Deal With Ctrl Alt in Dubai Source: CoinGecko Litmus Test For XRP Beyond $3 Source: Reddit XRP at $3 remains tricky as several investors took entry positions way back in 2016-2017 at around the same price. It hit an all-time high of $3.40 in January 2018, never to return to its previous glory again. It’s been seven years in the downturn, and ear...

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Pepe Coin (PEPE) has been making news for all the right reasons. The asset made its debut as the very first frog-themed meme coin. PEPE was seen thriving among the canine-filled meme coin market. During the past month, the meme coin jumped up by 52.90%. The asset went from a low of $0.00000761 to a high of $0.00001625. But this trend was disrupted during the past day. The real question is whether PEPE can move past its current trend and register notable gains in the coming month. Also Read: Owning 500 Million PEPE Before September Is Non-Negotiable: Here’s Why Can Pepe Coin Jump Back Up Later Today? Source: Techpoint Africa Throughout the past 24 hours, the frog-themed meme coin saw a drop of 3.16%. At the time of writing, Pepe Coin was trading at $0.00001370. It should be noted that earlier today, the asset was priced at a high of $0.00001444. Source: CoinMarketCap According to recent data, the number of PEPE holders has notably increased over the past 30 days. Currently, the total ho...