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Crypto Trader Issues Bitcoin Warning, Says Ethereum Liquid Staking Project Flashing Short-Term Bullish Signal

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A popular crypto trader says a liquid staking service for the Ethereum (ETH) blockchain is flashing a short-term bullish signal. The analyst Ali Martinez tells his 60,600 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator recently presented a buy signal on Lido DAO’s (LDO) 3-day chart. “If LDO can hold above $1.85, we could see it rebound toward $3!” Source: ali_charts/X Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their 13 previous bars or candles. LDO is trading at $2.05 at time of writing. The 63rd-ranked crypto asset by market cap is up 2.5% in the past week. Martinez also updates his outlook on Bitcoin (BTC), noting that the top crypto asset presented two sell signals on the 12-hour chart. “A death cross between the 50 and 100 SMA (simple moving average) and a red 9 candlestick from the TD Sequential. If BTC falls below $63,300, brace for possib
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‘Epic Sat’: Bitcoin halving’s rare BTC unit sells for $2.1 million

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An “epic sat,” mined from the fourth Bitcoin (BTC) halving block, fetched an impressive $2.1 million at a recent auction on CoinEx Global . This rare satoshi, with its distinctive sequence number, sold for 33.3 BTC, emphasizing its considerable value to collectors worldwide. Hosted by CoinEx , this auction marked the first-ever public sale of an epic satoshi, attracting intense global interest and competitive bidding. A satoshi is the smallest unit of Bitcoin, representing one hundred million th of a single coin. The epic satoshi, or “epic sat,” represents the first sat of a block mined after a Bitcoin reward halving . This particular asset, mined by the Bitcoin pool ViaBTC from the 840,000th block on April 20, 2024, carries a unique serial number, 1,968,750,000,000,000, making it a significant piece of crypto history as the first sat of the fourth Bitcoin halving epoch. Picks for you BNY Mellon: World'sWorld's largest custodian bank reports exposure to BTC 17
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Justin Bieber's $2 Million NFT is Now Worth Less Than $100,000

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Celebrities often venture into uncommon realms seeking innovation. For Justin Bieber, the Non-Fungible Tokens [NFTs] space became a captivating pursuit. While the journey started strong, the volatile nature of the market has transformed it into a cautionary tale. Justin Bieber’s NFT portfolio, once valued at over $2 million, now languishes at a meager fraction barely exceeding $100,000. Arkham Intelligence, a prominent blockchain analytics provider revealed this downturn. The report shed light on how the Canadian pop sensation lavishly spent over $2 million on NFTs in 2022, only to witness their value diminish considerably over time. Bieber’s wallet on Arkham now holds a sum, with assets assessed at less than $500,000, a far cry from his initial substantial investment. Justin Bieber NFT Purchases: Down 94.7% Did you know that Justin Bieber bought more than $2M of NFTs during 2022 – now worth barely over $100K. His wallet on Arkham now holds just under $500K in ETH and APE. Details
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SEC Expected to Deny Spot Ethereum ETF Next Month

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The US Securities and Exchange Commission (SEC) is expected to deny Spot Ethereum ETF approval next month, according to insiders. Indeed, a report from Reuters notes that the ongoing meetings between issuers and the SEC have dampened expectations, with rejection likely in May. The report fortifies industry-wide expectations of Ether ETF rejections next month. That was first forecasted by Standard Chartered, and corroborated by insider testimony. However, the description of the ongoing meetings regarding the investment offering leaves little optimism of an impending approval. JUST IN: SEC expected to deny spot Ethereum ETFs next month, Reuters reports. — Watcher.Guru (@WatcherGuru) April 25, 2024 Also Read: Hong Kong Bitcoin & Ethereum ETFs to Begin Trading April 30th Spot Ethereum ETF Approval Now in Doubt? Since the arrival of Spot Bitcoin ETFs at the start of the year, the market has awaited what assets could be next. The positive impact that BTC offerings
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Leading VR-Centric ICO Nears $6 Million – Best VR Gaming Crypto?

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Crypto investors buzz over a new VR-gaming cryptocurrency raising over $5.5 million in its presale to build a VR gaming world blurring reality and virtuality. The project is named 5th Scape and it mixes virtual reality (VR) and augmented reality (AR) tech with blockchain and gaming, bringing in a fresh realm of exciting experiences. Its presale is happening now, aiming to raise $15 million to develop its advanced ecosystem. 5th Scape’s 5SCAPE token hits $5.5 million in presale Investors worldwide are showing keen interest in 5th Scape’s ongoing presale, as its innovative approach has attracted attention. The presale operates on a model where the price of $5SCAPE increases gradually as funding goals are achieved. This approach has proven successful, with over $5.5 million already raised from contributors worldwide, reflecting the excitement surrounding this VR ecosystem. The momentum of the presale shows no signs of slowing down. Developers are gearing up for an exchange listing
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XRP Faces Big Challenge: Scaling The $0.55 Wall – Possible?

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XRP, the cryptocurrency tied to Ripple, found itself entangled in a familiar tussle with the $0.55 resistance level as bearish forces thwarted its early attempts at a rebound. While last month’s pivotal summary judgment offered a glimmer of regulatory clarity for XRP, the ongoing specter of the SEC appeal and an impending trial slated for the first half of 2024 are fostering an air of skepticism among the investor community. Despite the much-needed legal clarity provided by the recent summary judgment, a cloud of uncertainty still hangs over XRP’s trajectory. The forthcoming SEC appeal and the looming trial timeline have combined to cast doubt on the cryptocurrency’s immediate future.  The ripple effect of these uncertainties is palpable as investors remain cautious about diving back into the XRP market. Related Re
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AI builds the ideal crypto portfolio for May, 2024

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In the dynamic world of crypto currency investments, leveraging advanced technologies like artificial intelligence (AI) can significantly enhance decision-making capabilities. Recognizing the potential of AI in crafting strategic investment plans, Finbold sought the expertise of three leading AI models—OpenAI’s ChatGPT-4 Turbo, Anthropic’s Claude 3 Opus, and xAI’s Grok—to devise the optimal crypto portfolio for a $10,000 initial investment aimed at maximizing risk-reward outcomes for May 2024. Despite each AI’s unique approach, there were notable similarities in their recommendations, particularly with the inclusion and significant allocation to foundational cryptocurrencies like Bitcoin (BTC), Ethereum (ETH). Both are considered essential holdings that provide a stable foundation and high growth potential, respectively. Picks for you Sell-off alert: Caution advised as Bitcoin resistance persists 24 mins ago 2,000 Bitcoin ATMs installed in 2024 1 hour ago Blac
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