Author: AltCoinDrops.com
Bitmine chairman Tom Lee has predicted that Ethereum has significant upside potential from its current price. Here’s how high it can go by 2035. Since joining Bitmine Immersion Technologies, the largest Ethereum treasury company by holding, Lee has relentlessly pushed the bullish Ethereum narrative. He believes that the Ether ecosystem would benefit immensely from the developing trends in the financial market, predicting ambitious price targets for the altcoin leader. Ethereum Supercycle: Here’s the Possible Target In a recent commentary, Austin Arnold, the founder of Altcoin Daily, highlighted Lee’s bullish Ethereum outlook, predicting where the digital currency could end up over…
Wormhole has moved beyond its distribution phase, initiating a new strategy. By allocating on-chain and off-chain protocol revenue to a dedicated treasury, the cross-chain protocol is creating a direct link between its commercial success and the value of its native token, W. Summary Wormhole launched W 2.0 tokenomics with a new strategic reserve funded by protocol revenue. The upgrade introduces a 4% base yield for governance stakers and smoother bi-weekly token unlocks. The reserve ties W’s value directly to ecosystem growth, while changes aim to reduce market shocks and strengthen long-term alignment. According to an announcement on September 17, the…
Sharps Technology has announced plans to stake a portion of its treasury in BONK. This has led to bullish projections from experts, as a crypto analyst projects a parabolic rally for the token. Sharps Technology To Stake SOL Holdings In BONK In a recent press release, Sharps Technology announced it will allocate a portion of its recently acquired 2 million SOL into BonkSOL, BONK’s liquid staking token (LST). The initiative would be funded by a private investment deal led by Cantor Fitzgerald & Co. This is designed to generate staking yields while supporting liquidity within the meme coin and Solana…
MYX Finance price went parabolic again as the recent short-squeeze resumed. However, the formation of a double-top pattern and the funding rate point to an eventual crash in the coming days. Summary MYX Finance price surged again on Wednesday. The funding rate plummeted, pointing to more downside in the near term. It has formed a double-top pattern on the daily chart. MYX Finance (MYX) came in the spotlight earlier this month as it jumped from $1 to nearly $20 within a days. This surge pushed the token’s fully diluted valuation to over $20 billion. Some cryptocurrency analysts noted that the…
A popular analyst has predicted that Bitcoin, Ethereum, and the crypto market could crash after the Federal Reserve starts cutting interest rates on Wednesday. Summary Bitcoin and Ethereum prices may crash after the FOMC decision. An analyst believes that the rate cut has already been priced in. He expects the coins to rebound after the initial crash. Top expert predicts Bitcoin and Ethereum prices to cash In an X post, Ash Crypto, a popular pundit with over 2 million followers, predicted that the Bitcoin (BTC) price will crash towards $100,000. He expects Ethereum (ETH) to plunge from $4,500 to $3,800…
Pi Coin is struggling to register any bullish momentum, and all indicators suggest this might continue into the foreseeable future. Since its launch, the Pi Network price has crashed by about 88%, which has left many early supporters and holders worried about its future. Recent market data shows that the decline can be attributed to massive token unlocks and weak liquidity on crypto exchanges. Furthermore, new developments show that unless market dynamics improve, Pi Network may face even more declines in the coming months. Heavy Selling Pressure Pi Due To Token Unlocks Pi’s price action has been full of downtrends,…
In brief The Federal Reserve had kept interest rates unchanged since last December. U.S. President Donald Trump has been hammering the Fed to cut rates. Crypto and other assets typically benefit from rate cuts that increase financial liquidity. The U.S. central bank, as widely expected, cut the federal funds rate by 0.25% Wednesday, amid recent signs that the economy was faltering and needed a boost—and under relentless pressure from President Donald Trump.Bitcoin and other major digital assets traded largely flat in the immediate aftermath. The largest cryptocurrency by market capitalization was recently changing hands just above $116,000, up 0.2% over…
The Federal Reserve has followed through with its widely expected decision, cutting rates by 25 basis points and leaving the door open for more cuts. Summary FOMC cut interest rates by 25 basis points, leaving the door open for more cuts The decision, while widely expected, also carries an easing tone Bitcoin and altcoins could react in a moderately The Federal Reserve’s widely anticipated decision came on Wednesday, September 17. The Federal Open Market Committee decided to cut interest rates for the first time in 2025. Interest rates will go down by 25 basis points, as expected, from a range…
A whale who previously sold $4B worth of BTC dumped another $136M on September 15 as Bitcoin tested $116k resistance level. As a result, Bitcoin swiftly fell back into the $115K area. Despite this, BTC prediction remains bullish as the community eagerly awaits Fed rate cuts on September 17. This bullish sentiment isn’t limited to Bitcoin, as other major cryptocurrencies are experiencing smaller rallies, inspiring traders to seek out undervalued crypto coins to invest in before the potential bull run. Thus, DeepSnitch AI is attracting massive attention from whales and retail traders, as over $205K was raised during the first…
MoneyGram, the ubiquitous send and receive cash network for retail customers, has made U.S. dollar-pegged stablecoins and blockchain settlement rails the digital backbone of its revamped mobile app, the company said on Wednesday.Customers in the Latin American country of Colombia, where MoneyGram has an extensive retail network of over 6,000 locations, will be the first to use the new app to receive and store stablecoin payments, with plans to expand to additional markets in the near future.Colombia is the ideal launch market, says MoneyGram CEO Anthony Soohoo. It’s a major inbound remittance corridor where families receive more than 22 times…