TheNewsCrypto

Crypto analyst Ali Martinez identifies BTC's local top at $94k and bottom around $90k, predicting a 13.68% price increase in three months. Market volatility and global events may influence these predictions, with a potential new ATH expected by 2026.

The global crypto market has declined by 1.93% in response to the US seizing a Russian-flagged tanker, affecting major tokens like BTC and ETH, which dropped 1.79% and 3.04%, respectively. Anticipation of future market movements remains amid ongoing tensions and uncertainty.

Charles Hoskinson views DeFi expansion as the key growth driver for Cardano, needing a significant increase in TVL, MAUs, and stablecoins. He emphasizes collaboration with the Midnight sidechain to attract users and enhance the ecosystem's adoption.

BTC leads trending cryptocurrencies, with ETH in fourth but expected to reclaim second. CHEX and BOUNTY are new entries, showing significant trading volume gains, while ETH's future looks promising based on projections.

Veteran trader Peter Brandt expressed caution about XRP's recent rally, stating it must break $3.50 to avoid falling to lower levels. Despite a 9.35% gain outpacing Bitcoin and Ethereum, concerns about potential profit-taking and market dynamics persist.

Ethereum's recent BPO hard fork upgrade increased the blob limit from 15 to 21, enhancing data capacity for rollups and improving transaction efficiency. This results in reduced fees and less volatility, supporting further scaling efforts.

Crypto analyst Lennaert Snyder closed his BTC short position due to resistance at $93,822. He remains bearish unless BTC reclaims $96,500, with current trading at $91,720.85. He anticipates re-entry points and mixed market sentiment persists.

Shiba Inu briefly reached $0.00001 level removing zero after 56 days of decline.
Token reversed quickly as selling pressure overwhelmed buying demand at milestone.
Volume spike proved irregular indicating reactive trading not sustained accumulation.
Shiba Inu briefly eliminated another zero