Monday , November 18 2024
Home / Jordan Lyanchev (page 102)

Jordan Lyanchev



Articles by Jordan Lyanchev

Major Win for Elon Musk in $258 Billion Dogecoin Market Manipulation Lawsuit

3 days ago

The major lawsuit against the future leader of the Department of Government Efficiency (D.O.G.E) will end soon, at least according to the most recent filings by both sides’ lawyers.
Those representing the investors who sought a $258 billion payout withdrew their appeal from an earlier ruling by Judge Hellerstein, who sided with Tesla’s CEO in August 2024.
Recall that the lawsuit was initiated in July 2022 after the conclusion of the 2021 bull market. It alleged Musk of illegally interfering with DOGE’s price, especially during an appearance on NBC’s Saturday Night Live where he praised the asset, but also via his many tweets on the matter.
Most of those interactions resulted in immediate price increases for the OG meme coin, including tapping an all-time high of over $0.73

Read More »

Cardano (ADA), Ripple (XRP) Defy Market Sentiment With Double-Digit Price Surges: Details

3 days ago

Most of the cryptocurrency market is in the red today, charting some price losses after the recent massive rallies. BTC fell below $90,000 and even briefly dipped beneath $87,000, ETH is down to just over $3,000, while DOGE and SHIB have plummeted by 5-8%.
Two of the top ten largest cryptocurrencies have defied this trend – Ripple’s XRP and Cardano’s ADA. Both assets are up by double digits on a daily scale.
XRP Taps $0.9
CryptoPotato reported yesterday’s price surge from XRP, which drove it from $0.7 to over $0.8 for the first time in almost a year and a half. The most probable reason seemed to be related to the current SEC chair, Gary Gensler, and the growing number of rumors that he will step down from his position soon.
Although such confirmation has not been published

Read More »

Bitcoin’s Peak Above $93K, Ripple’s Price Explosion, Meme Coin Madness: Your Weekly Crypto Recap

3 days ago

The total cryptocurrency market capitalization increased to about $3.05 trillion throughout the past seven days, adding close to $400 billion. This comes on the back of stellar performance from most of the coins, including but not limited to Bitcoin, Ripple, Dogecoin, and more.
But first, let’s dive into what Bitcoin did. The week started off relatively calmly. Last Friday, when we wrote our previous market update, it was trading at slightly less than $80K, but this all changed on November 11th, when the price broke $80,000 for the very first time.
The industry was ecstatic. It was a major cause for celebration. Little did we know that the bulls had something else entirely planned for the rest of the week. On November 12th, Bitocin tapped $90K for a new all-time high. What

Read More »

4 Possible Reasons Behind PEPE’s 50% Surge to New All-Time High

5 days ago

TL:DR;
The third-largest meme coin has exploded by 50% in the past 24 hours and over 100% on a weekly scale.
The asset was listed on a few global exchanges lately, which could be among the reasons of the massive rally and the new all-time high.

Exchange Listings
It does feel like a bull market now, especially for some more volatile cryptocurrencies, like meme coins. After the recent rallies by DOGE and SHIB, now is the time for the third-largest of the cohort – PEPE. The frog-inspired meme skyrocketed by 52% in the past 24 hours and blasted through its previous all-time high. As such, it marked a fresh peak of $0.00002.
PEPEUSD. Source: TradingViewPerhaps the two most evident reasons come from Robinhood and Coinbase. The former said it will start offering trading services

Read More »

BTC Price Explodes to $92K Despite Bitcoin Miners Reportedly Taking Profit

5 days ago

It didn’t take long for bitcoin to resume its bull run and spike above $90,000 to chart a fresh all-time high, this time at roughly $92,000.
This comes despite some reports indicating that BTC miners have started to take profits to cover certain expenses.
There’s a lot going on with BTC’s price in the past week, especially since it became known that Donald Trump will be the next president of the US.
The asset’s run has been nothing short of spectacular as it took bitcoin from $68,000 to over $75,000 within a day last Wednesday. That was just the beginning as the cryptocurrency spiked above $80,000 over the weekend and challenged twice $90,000 on Tuesday.
Although it failed there at first and dropped to $85,000 yesterday, the bulls resumed control minutes ago and sent the

Read More »

Why Did Ripple’s (XRP) Price Explode to 8-Month Peak Above $0.7?

6 days ago

The bull rally that was induced and propelled by Donald Trump’s victory in the 24 US presidential elections last week seemed to have missed Ripple’s native token, at least until earlier today.
XRP managed to chart some gains in the past week, but it was nothing compared to the massive price surges seen from the likes of Bitcoin, Cardano, Dogecoin, Shiba Inu, and many others.
XRPUSD. Source: TradingViewThe landscape for XRP, which lost some positioning to DOGE in the top 10 digital assets by market cap earlier this week, changed today, with a substantial rise that drove it from under $0.6 to $0.741 (on Bitstamp). This was the highest price the cryptocurrency has seen in precisely eight months.
The crypto community rejoiced at the rally, many of whom had been expecting it,

Read More »

Why Has Shiba Inu’s (SHIB) Price Skyrocketed by 25% Today?

8 days ago

TL:DR;
Shiba Inu is among the top three best-performing assets in the cryptocurrency industry today, surging by over 25% to a multi-month peak.
Here are some of the possible reasons behind this massive rally.

Shiba Inu on the Run
Donald Trump’s victory in the 2024 US presidential elections impacted all financial markets, but the ever-volatile crypto industry is at the forefront of gains. This is particularly true this weekend since all other markets are closed, but crypto is open for trading.
After the initial days of Bitcoin-only gains, the altcoins caught up in a spectacular fashion. Amid speculations about a potential meme coin supercycle, assets from that niche have taken the main stage today. Their leader, Dogecoin, jumped by 20% to a three-year high today and

Read More »

How High Can Cardano (ADA) Go With Hoskinson Helping Create US Crypto Policy?

8 days ago

TL:DR;
IOG founder Charles Hoskinson said he will be a part of a team working to create regulatory policy for crypto during the Trump administration.
ADA’s price jumped immediately to a multi-month high, but Perplexity now speculates about a potential top.

Perhaps the most notable piece of news for the cryptocurrency industry this weekend came from IOG’s founder, Charles Hoskinson. As reported earlier, he outlined his plans for 2025, indicating that he will spend a big portion of his time helping the Trump administration create a comprehensive and possibly more favorable regulatory environment for the digital asset industry.
While the details of the upcoming legislation are scarce, it seemed that the news propelled a massive surge for the entire market, with BTC leading

Read More »

Ripple (XRP) Jumps by 10% But Dogecoin (DOGE) Flips It

8 days ago

The entire cryptocurrency market is in the green today, but some are doing better than others. Ripple’s native token, for example, has charted a noteworthy 10% daily surge and sits above $0.6.
However, it has lost its position as the 7th-largest cryptocurrency by market cap to Dogecoin, which has risen to another multi-year high.

The past 24 hours have only solidified the overall bullish trend that started after Donald Trump’s victory in the 2024 US presidential elections. Moreover, it has been mostly about the altcoins, such as ADA and DOGE, even though BTC managed to chart a fresh peak of its own earlier.
Dogecoin’s price surge has been particularly impressive. The meme coin has risen by 19% in the past day and broke above $0.24 for the first time since late 2021. In

Read More »

Bitcoin Stock-to-Flow Model Back on Track, Predicts $500K Per BTC: PlanB

8 days ago

After surging by more than 15% within a week, as well as breaking its March all-time high and charting several news ones, the latest at almost $80,000, bitcoin has become the focus of massive price predictions once again.
While some come from questionable and unknown analysts and sources, one of the original bull cases – the stock-to-flow model developed by PlanB – indicates a rather impressive price of $500,000 per BTC as the asset seems “ready to take off” now.

After the ETF fake-out earlier this year, bitcoin is now ready to take off. Stock-to-flow model predicts 500k average with 250k-1m bandwidth. Note this is the original 2019 model refitted with 5y new data: same parameters, same results (55k -> 500k -> 4m)https://t.co/9mxETi4N1W pic.twitter.com/U9sgoxHZO3
— PlanB

Read More »

Double-Digit Price Surges From These Altcoins as Bitcoin (BTC) Eyes $80K (Weekend Watch)

8 days ago

It feels like a bull cycle once again as bitcoin’s price continues to chart new all-time highs almost daily, with the latest coming hours ago at just shy of $80,000.
The altseason seems to be kicking off as well, with multiple alternative coins registering double-digit price surges over the past day.
BTC’s New and Latest Peak
It’s safe to say that the cryptocurrency landscape has become entirely different after Donald Trump’s win in the 2024 US presidential elections. Recall that BTC struggled at $67,000 on Monday but soon skyrocketed to $75,000 after his victory became official and has only doubled down since then.
The US Fed’s rate cut on Thursday sent the asset flying once again, this time to roughly $77,000. Bitcoin calmed on Saturday but went back on the offensive

Read More »

Bitcoin Price at All-Time High as Fed Cuts Interest Rates by 25 Basis Points

11 days ago

In the first FOMC meeting after the November US presidential elections, the nation’s central bank cut the interest rates by 25 basis points, which was what the market and experts anticipated.
Bitcoin’s price, which is typically very susceptible to US-related news, was already at all-time high levels of just shy of $77,000 and remained relatively still.
It has been a big week for the world’s largest economy as the nation elected a new president on Tuesday, who presents an entirely different direction for the next four years.
On Thursday, the Federal Reserve was scheduled to host its first FOMC meeting since the one in September when it lowered the key interest rates by 0.5%.
Most market analysts and experts anticipated a more modest cut of 25 basis points during the

Read More »

Is This The Last Week Bitcoin (BTC) Will Ever Be Below $70K?

16 days ago

The US presidential elections are just around the corner, with the world’s largest economic force anticipated to choose between continuing with a similar path as the past four years or changing its course completely if they go with Republican candidate Donald Trump.
While the economic consequences will impact millions and millions of people, the crypto community is anticipating how it will affect bitcoin and altcoins.
Never Below $70K Again?
The popular crypto trader EllioTrades showcased a compelling chart earlier today. It indicates that the election week on all three previous occasions in the US during BTC’s existence actually marked a low for the asset that was never repeated again. Meaning, that its valuation has never gone below that level since the last week before

Read More »

These Altcoins Dumped the Most as Bitcoin (BTC) Slumped to $65.5K (Weekend Watch)

24 days ago

Bitcoin’s price went through a massive rollercoaster on Friday night, dumping by $3,000 in minutes before it recovered some ground to $67,000.
The altcoins have it even worse, and the total crypto market cap has shed about $70 billion overnight.
BTC’s Down and Up
The business week started quite promising for the primary cryptocurrency, which jumped on Monday from $68,000 to $69,500 to chart its highest price tag since late July. However, it faced an immediate rejection at that point that pushed it south to $67,000 by the end of the day and on Tuesday.
More volatility and price declines followed on Wednesday as the bears initiated a massive leg down that drove BTC down to $65,000. Nevertheless, the bulls intervened, and bitcoin went on the offensive, jumping to almost

Read More »

Tether-WSJ Fiasco Aftermath: Over $400 Million in Liquidations as BTC Dumped $3K in Minutes

24 days ago

Bitcoin and the altcoins went through massive volatility on Friday night after a controversial report from the Wall Street Journal, which was denied by Tether’s CEO immediately.
However, the damage was done, which harmed over-leveraged traders, as the liquidations skyrocketed to over $400 million on a daily scale.
CryptoPotato reported WSJ’s claims that the US federal government had launched an investigation into the company behind the world’s largest stablecoin for possible violations of anti-money laundering rules and sanctions.
It further asserted that prosecutors at the Manhattan US attorney’s office investigated whether USDT was used by bad actors to avoid sanctions and other US rules.
Minutes after the report went out, Tether CEO Paolo Ardoino refuted the claims made

Read More »

After Surging by 110% Daily, Can ApeCoin (APE) Break its All-Time High?

29 days ago

TL:DR;
ApeCoin’s price surge continued after our initial reports and tapped a 6-month peak of over $1.7 earlier today.
However, its all-time high is still far ahead and the questions arises whether it will be able to break it amid the ongoing developments around the project.

APEMania Is Here?
It’s safe to say that today belongs to ApeCoin’s native token. As reported earlier, it exploded by 65% in hours after the launch of ApeChain – the protocol’s bridge that allows users to earn native yield on ETH, APE, and a few stablecoins.
However, that was just the start for APE as it kept pumping in the following hours and broke above $1.70 for the first time since early April this year. Although it has retraced slightly since then, APE is still over 110% up on a daily scale.

This

Read More »

ETF Recap: Bitcoin Funds Register Best Inflow Week Since March

29 days ago

The landscape around the spot Bitcoin ETFs turned highly positive in the past week, with the products attracting more than $2 billion in net inflows.
This has become their best five-day trading period in this regard since mid-March.
Massive Inflows for BTC ETFs
It’s safe to say that it was a big week for the 11 US-based spot Bitcoin ETFs, with several multi-month peaks, such as BlackRock’s best day since July on Wednesday. The total net inflows rose above $20 billion that day, but they kept climbing by the end of the week and are currently worth just over $21 billion, according to Farside data.
Monday saw the most inflows out of the entire five-day trading period, with $555.9 million entering the funds. $371 million was poured in on Tuesday, $458.5 million on Wednesday,

Read More »

How High Can ApeCoin’s (APE) Price Go After the Bridge Launch?

29 days ago

TL:DR;
ApeCoin made the news over the weekend after launching its bridge that allows users to earn a yield on certain crypto assets, including APE.
The native token’s price skyrocketed by over 60% within hours, leaving questions about how high it can go.

APE’s Price Targets
CryptoPotato reported earlier today the massive achievement by ApeCoin’s team. After months of standing on the sidelines without attracting significant attention from the general public, the devs announced the official launch of the ApeChain bridge. It allows investors to earn native yield on assets such as APE, ETH, and a few stablecoins.

Automatic Yield Mode ON APECHAIN: This is the default mode for all externally owned accounts (EOAs), where yield is automatically earned each block.
The address’s

Read More »

ApeCoin (APE) Returns to Top 100 Alts, Bitcoin (BTC) Maintains $68K (Weekend Watch)

October 20, 2024

Bitcoin’s price actions have calmed during the weekend, as probably expected, and the asset remains above the $68,000 level.
The altcoins have been slightly in the red in the past day, but they went through a highly positive trading week, with impressive gains from ETH, SOL, BCH, and especially DOGE.
BTC Calms Above $68K
Last weekend went without any fireworks as BTC had recovered to $62,000 after slumping below $59,000 on Thursday. The eventful price movements were left for the trading week, which started with a price surge on Monday to $64,500 at first and $66,500 later during the day.
Tuesday was even more volatile, with bitcoin surging to $68,000, getting rejected and pushed south by three grand, and jumping to $68,000 once again by Wednesday.
The primary

Read More »

Bitcoin Touched $69K, Dogecoin’s Weekly Surge Goes Beyond 30% (Weekend Watch)

October 19, 2024

Bitcoin’s impressive performance as of late continued in the past 24 hours as the asset tapped $69,000 for the first time since July 29 before retracing slightly.
Most alts are with minor gains over the past day, aside from DOGE, which has only doubled down on its recent massive run.
BTC Stopped at $69K
The primary cryptocurrency stood around $62,000 and $63,000 last Saturday after it had recovered several grand from the sub-$59,000 dump on Thursday. Last weekend went relatively quietly, but the asset went on the offensive at the start of the business week.
The most substantial chunk of volatility came on Tuesday when BTC spiked from $65,500 to $68,000 before it was violently pushed south to just under $65,000. However, the bulls resumed control in the following hours, and

Read More »

Can Dogecoin (DOGE) Hit $1 if Elon Musk Is Appointed Under Trump’s Administration?

October 19, 2024

TL:DR;
The largest meme coin has been on a roll lately, perhaps fueled by the most recent engagement by Tesla’s CEO, Elon Musk.
The question arises whether DOGE could skyrocket to the coveted $1 level if Musk indeed takes a role under a potential Donald Trump administration.

DOGE to $1?
As mentioned multiple times in the past, Musk has played a crucial role in Dogecoin’s rising adoption and perhaps its price increases due to his continuous support. The landscape around the two became even more interesting earlier this year when US presidential candidate Donald Trump said Musk would head a government efficiency agency under his administration with the acronym D.O.G.E.
The Tesla CEO confirmed the news earlier this week, highlighting the name during a public appearance.

Read More »

ETF Recap: Bitcoin, Ethereum Funds See Best Inflow Week in Months

September 29, 2024

US investors showed increased demand for the spot Bitcoin ETFs during the entire trading week, with more than $1 billion entering the 11 such US-based funds.
Interestingly, the interest for their spot Ethereum counterparts has also picked up, as they registered their second-best week since going live in July.
Over $1B in Bitcoin ETFs in a Week
CryptoPotato reported last weekend the growing net inflows into the spot Bitcoin ETFs, especially after the US Federal Reserve cut the interest rates on September 18. The past five days have only intensified this trend, even though the landscape on Monday seemed quite modest, with only $4.5 million in net inflows.
However, investors accelerated their efforts in the following days, especially on Thursday and Friday. After $136 million

Read More »

Ripple (XRP) Soars to 7-Week Peak, Bitcoin (BTC) Calms Below $66K: Weekend Watch

September 29, 2024

Bitcoin’s price actions have calmed once again during the weekend, and the asset has retraced by a grand since the $66,500 peak registered earlier.
Most altcoins have also corrected on a daily scale, aside from Ripple’s native token, which has soared past $0.62 for the first time since early August.
BTC Falls Short at $66K
Last weekend went in a similar fashion, as the largest digital asset slipped from $64,000 to around $63,000. However, it went on the offensive once again on Monday and jumped past $64,500.
After a brief retracement, the asset aimed at that level once again but was stopped on Thursday and pushed below $63,000. This is where the bulls really stepped up on the gas pedal and propelled a rally that drove bitcoin to $66,500 on Friday morning. This became its

Read More »

Over 90% of BTC Holders in Profit as Bitcoin Price Surges Past $65K

September 26, 2024

Bitcoin’s price is on the run again, as the asset has jumped past $65,000 for the first time in a month.
This has more than 90% of its holders in profit, which could actually mean danger for the largest cryptocurrency.

Bitcoin is steadily climbing, and with it, the number of holders in profit.
If $BTC breaks $65k, well over 90% of holders will be in profit; a level we last saw in July, when Bitcoin ultimately failed to reach a new high.
The question now is: will this time be different? pic.twitter.com/hs156tGzfy
— IntoTheBlock (@intotheblock) September 26, 2024

IntoTheBlock’s tweet was just minutes ago, but the landscape has already changed. It reads that over 90% of BTC investors would be in profit should the underlying asset’s price break above $65,000.
The

Read More »

Here’s How Solana Can Reach 50% of Ethereum’s Market Cap: VanEck Research

September 25, 2024

Ethereum used to dominate almost all non-Bitcoin blockchain sectors in the industry but has gradually lost some of its grip over certain markets to competitors like Solana.
VanEck’s research department, MarketVector, decided to delve deep into the battle between the two layer-1 behemoths to see what’s what.
Solana Vs. Ethereum
The report, authored by Martin Leinweber, highlights some major differences between the two. In some cases, such as the number of transactions, daily active users, and transaction fees, Solana takes the lead with a massive margin and predicts a bright future for the blockchain.
“When comparing Ethereum and Solana, the data is striking. Solana processes 3,000% more transactions than Ethereum, has 1,300% more daily active users, and its transaction

Read More »

15 Years Later: Satoshi Era Wallet Moves Bitcoin Mined in Early 2009 (Data)

September 24, 2024

A dormant bitcoin whale address was reactivated earlier today, according to data from Arkham Intelligence, and has moved 5 BTC to the crypto exchange Kraken.
This was their third BTC transfer in the past few weeks after being silent for a decade, said the popular resource.
Arkham data shows that the wallet received the bitcoin stash during BTC’s first couple of months of existence, meaning that it had to be somewhere between January and March 2009, given the network’s launch on January 3 that year.
The whale made several transfers of their BTC stash between 2011 and 2014 to exchanges and other addresses, after which they stopped moving funds.
It’s worth noting that the value of their holdings has skyrocketed from under $500,000 in 2014 to approximately $80 million as of

Read More »

These Are This Week’s Top Performers as Bitcoin (BTC) Calms at $63K (Market Watch)

September 22, 2024

After an eventful and highly volatile trading week, bitcoin’s price movements calmed during the weekend, and the asset sits quietly at $63,000.
Most altcoins have also stalled on a daily scale, but the weekly timeframe shows some impressive gainers from the likes of TAO, SUI, APT, and others.
Bitcoin Stalls at $63K
The week started with a price decline that drove BTC from over $60,000 to under $58,000. More volatility was expected mid-week when the US Federal Reserve met to discuss lowering the interest rate. Once that meeting took place and the US central bank cut the rates by 0.5%, BTC went on a rollercoaster with several big moves.
However, the bulls prevailed after the fluctuations and pushed the cryptocurrency from under $59,500 to over $64,000 registered on Friday.

Read More »

Bitcoin, Ethereum ETF Recap: What Was US Investors’ Strategy During Fed’s Rate-Cut Week?

September 21, 2024

It was a big week for financial markets and the global economy as the central bank of the world’s strongest economy pivoted from its monetary policy and reduced the key interest rates by 0.5%.
As such, it’s worth reviewing how local investors behaved when it comes down to their interactions with spot Bitcoin and Ethereum ETFs.
BTC ETFs on the Inflow Side
CryptoPotato reported on Wednesday that US investors were on a shopping spree for the spot Bitcoin ETFs. In the four trading days leading to the FOMC meeting, the net inflows to the 11 financial vehicles were just over $500 million.
Their behavior changed on the day of the rate cuts as the numbers turned red, with $52.7 million in net outflows. However, they reversed their strategy once again on Thursday and Friday, with

Read More »

Gold Hit New ATH on Friday, Bitcoin Did Not: Which Has Performed Better in 2024?

September 21, 2024

The precious metal has had a highly impressive year, having surged by about 27% and tapping a new all-time high just on Friday.
However, does this impressive YTD increase mean that it has done better than bitcoin, which is far from its ATH?
Gold Dominates 2024
Perhaps driven by the overall macroeconomic situation, with a few wars breaking out, uncertainty about numerous election cycles, purchases from emerging market central banks, or other reasons, the yellow metal has been at the forefront of price rallies in 2024. It entered the year at $2,065/oz, but it quickly started appreciating against the greenback.
The culmination came yesterday when it skyrocketed to $2,622 to tap a new all-time high, which meant that it had gained 27% of value since January 1. Its price

Read More »

BTC Price Retraces to $63K, WIF Dumps by 10% Daily (Market Watch)

September 21, 2024

Bitcoin’s price run after the Fed’s rate cut was halted at $64,000 and the asset was pushed down by around a grand.
The altcoins are also in the red on a daily scale, with the biggest corrections coming from the likes of TON, AVAX, and NEAR from the larger caps.
BTC Down to $63K
Bitcoin started the business week with a correction that drove it from over $60,000 to under $58,000 on Monday. It was expected to be a highly volatile week for the asset as the US Federal Reserve had a meeting on Wednesday to discuss a reduction in the key interest rates.
In the hours ahead of the event, BTC skyrocketed to over $61,000 but went on a rollercoaster once the US central bank indeed cut the rates by 0.5% on Wednesday. Nevertheless, the bulls prevailed and initiated another massive

Read More »