Francisco Memoria

News Reporter

Francisco is a cryptocurrency writer who's in love with technology and focuses on helping people see the value digital currencies have. His work has been published in numerous reputable industry publications. Francisco holds various cryptocurrencies

Articles by Author

Bitcoin

Bitcoin Could Surge to $51,000 After Surging Past Key Indicator, Says Technical Analyst

Bitcoin’s brief surge past the $40,000 mark helped the flagship cryptocurrency decisively go over its 50-day moving average, a key indicator that represented its resistance level. It’s now set up to move higher to $51,000, according to one analyst. In a note first reported on by Business Insider, technical analyst and founder of Fairlead Strategies […]
Altcoins Cardano

Cardano ($ADA) Could Help Form ‘Big Three’ of Mainstream Cryptos: Morningstar Analyst

Amy Arnott, a portfolio strategist at Morningstar that focuses on cryptocurrencies, has revealed she believes Cardano (ADA) could become one of the largest three cryptocurrencies by market capitalization and go mainstream, along with Bitcoin and Ethereum. Speaking to Business Insider, Arnott backed the cryptocurrency created by Ethereum co-founder Charles Hoskinson, saying it is a promising […]
Bitcoin

Bitcoin More Likely to Move to $60,000 Than Drop Further, Says Bloomberg Analyst

Bloomberg commodity strategist Mike McGlone has weighed in on Bitcoin’s outlook for the near future and revealed he believes the cryptocurrency is more likely to move upward toward the $60,000 than to drop back down to $20,000. According to a section shared by Bloomberg’s exchange-traded fund (ETF) senior analyst Eric Balchunas, McGlone wrote in a […]
Bitcoin

Bitcoin Chart Pattern Suggests Price Will Move to $44,000 After Recent Surge

The price of bitcoin has been steadily moving upward since it dropped below the $30,000 mark last week. After hitting $34,000 earlier, it jumped and a technical pattern now suggests it may move up to $44,000 thanks to the surge. Behind the cryptocurrency’s upward movement were a number of factors that were kicked off with […]
Ethereum

Ethereum’s Price Could Hit $17,800 by 2025, Expert Panel Suggests

The price of Ethereum could outperform the flagship cryptocurrency this year to surge by over 150% to $4,596, and its performance could be such that by 2025 one ether would be worth $17,810, according to a cryptocurrency experts panel. The figures come from the average forecast from 27 out of 42 experts Finder surveyed that […]
Dogecoin

Dogecoin Search Interest Exploded Ahead of $DOGE’s 10,000% Price Rally

Search interest for the meme-inspired cryptocurrency Dogecoin (DOGE) exploded during the cryptocurrency’s massive 10,000% price rally, going from an average of 135,000 monthly searches in April 2020 to 16.5 million in April 2021. Dogecoin was created back in 2013 as a joke. The cryptocurrency’s community is well-known for taking on philanthropic projects, which included helping […]
Bitcoin

Bitcoin Whales Accumulated over $3 Billion of $BTC While ‘Buying the Fear’: Analyst

Bitcoin whales have reportedly accumulated over $3 billion worth of the flagship cryptocurrency over the last three weeks, when its price was ranging close to $30,000 and ultimately dipped below that mark before recovering. That’s according to on-chain analyst Will Clemente, who on social media claimed whales have bought over 96,044 BTC to their assets […]
Cardano

Cardano ($ADA) to Become Compatible with with Browsers via New Upgrade

The Cardano (ADA) network is set to become browser and mobile-compatible in the near future thanks to a new upgrade being worked on by the team behind the project. The upgrade will allow running the Plutus application backend in Javascript, the most widely-used programming language on the web. In a brief update published by Cardano […]
Bitcoin

Bitcoin’s Price is Ready for a ‘Major Bounce’, Says Popular Crypto Analyst

Pseudonymous cryptocurrency analyst ‘Crypto Birb’ has revealed on social media he believes the price of the flagship cryptocurrency bitcoin is “ready for major bounce” and a final move up in this bull cycle near the end of the year. In a tweet sent to his over 320,000 followers, Birb noted that over-the-counter outflows signaling a […]
Altcoins Bitcoin

Crypto Product Trading Volumes Dwindled 35.4% in July: Report

The aggregate trading volumes of cryptocurrency-related products have plunged by 35.4$ from June to July, while the total assets under management (AUM) of these products dropped 14% compared to the month before. The average daily trading volumes are now at around $319 million, down over 35% from June to July. Average volumes across all exchange-traded […]
Altcoins

Billionaire Thomas Peterffy Owns Cryptocurrency to ‘Play the Odds’

Online brokerage pioneer and billionaire businessman Thomas Peterffy has revealed he has invested in cryptocurrencies, even while expressing skepticism over the long-term future of the cryptocurrency space. Speaking on CNBC’s “Closing Bell,” the founder and chairman of Interactive Brokers, revealed the investment, but did not specify which cryptocurrency or cryptocurrencies he has invested in. Even […]
Altcoins Bitcoin Dogecoin Ethereum

Elon Musk Reveals he Personally Owns Bitcoin, Ethereum, and Dogecoin

Tesla CEO Elon Musk has revealed he personally owns bitcoin, ether, and dogecoin during a discussion. He also revealed his space exploration company SpaceX holds bitcoin and has no plans to sell it. Speaking at “The B Word” conference hosted by the Crypto Council for Innovation, Musk discussed the outlook for Bitcoin with Cathie Wood, […]
Bitcoin

$52 Billion Asset Management Firm Buys Bitcoin After $BTC Price Drops Below $30,000

Cathie Wood’s asset management firm Ark Invest, which has over $52 billion of assets under management, has purchased 310,000 shares of the Grayscale Bitcoin Trust (GBTC) for its ARK Next Generation Internet ETF (ARKW) at $25 per share. According to Grayscale’s website, each share of GBTC is redeemable for 0.000939767 BTC, making the purchase worth […]
Bitcoin

Bitcoin’s Price Will Surge to $160,000 by Year-End, Crypto CEO Predicts

Martin Fröhler, CEO of blockchain-based trading platform Morpher, has revealed he believes the price of bitcoin will surge to surpass $160,000 by the end of this year while responding to a survey. Finder surveyed 42 cryptocurrency experts on a number of issues associated with the industry, and out of them, Fröhler was the most bullish […]
Bitcoin

JPMorgan Clients See Bitocin as an Asset Class to Invest in, Says Senior Exec

Mary Callahan Erdoes, a senior wealth management executive at banking giant JPMorgan, has revealed a large number of the bank’s clients see bitcoin as an asset class to invest in and noted the bank’s job is to help them invest. During an interview with Bloomberg, Erdoes noted that the blockchain technology underlying major cryptocurrencies like […]
Altcoins XRP

XRP HODLers Will Soon Be Getting Another Airdrop ($SGB) From Flare Networks

Flare Network has revealed it’s set to airdrop another token to XRP token holders who participate in the Spark (FLR) airdrop snapshot in December of last year. The new airdrop comes as Flare plans to launch an experimental network as well. According to a new announcement, Flare Networks will also airdrop the native token of […]
Dogecoin

Elon Musk Reaffirms Support for Dogecoin, Says His Son Is a HODLer

Tesla and SpaceX CEO Elon Musk has seemingly reaffirmed his support for the meme-inspired cryptocurrency Dogecoin by changing his profile picture to one of him with sunglasses with the Shiba Inu dog, which represents DOGE, on the reflection. After many noticed that Musk changes his profile picture to reaffirm his support for the cryptocurrency, the […]
Bitcoin

Bitcoin Whales Keep Accumulating Even as $BTC Drops Below $30,000, Data Shows

Bitcoin whales are seemingly still buying the BTC price dip as the cryptocurrency’s price drops below the $30,000 mark for the first time in one month, as on-chain data suggests they aren’t selling, but instead buying more. According to data from Glassnode’s “The Week On-Chain” report, Bitcoin reserves on centralized cryptocurrency trading platforms have been […]
Bitcoin

Bitcoin Whale Wallets Dormant Since 2018 Added $840 Million in $BTC Over Weekend

A number of bitcoin whale wallets that had been dormant since December 2018 has seen movement once again, adding over $840 million worth of the flagship cryptocurrency over the weekend. The move is notable as on-chain data suggests a single entity is behind the move. During the weekend, when liquidity in the cryptocurrency space is […]
Uncategorised

Crypto Analyst Predicts Sharp Bitcoin Rally Ahead, Says Current Prices Are an ‘Opportunity’

A popular cryptocurrency analyst going by ‘Kaleo’ on social media has revealed he believes the price of bitcoin will see a sharp recovery after it stops ranging between $35,000 and $30,000, based on the cryptocurrency’s price performance last year. In a Twitter thread, first spotted by Daily Hodl, the pseudonymous analyst told his over 330,000 […]

Bank of America Starts Letting Some Clients Trade Bitcoin Futures

The second-largest bank in the United States, Bank of America, has reportedly started letting some clients trade bitcoin futures after having a conservative approach to the cryptocurrency sector. According to a report by CoinDesk citing people with knowledge of the matter who wished to remain anonymous, the bank’s move comes due to the large amount […]

Bullish Bitcoin Price Signal Starts ‘Pumping’ as $BTC Keeps Trading Sideways

Bitcoin’s difficulty ribbon compression indicator, an indicator that takes advantage of its difficulty ribbon indicator to measure market capitulation, has just started “pumping,” which historically has meant the price of BTC is about to move up. As YouTuber The Moon pointed out, the indicator has started pumping for the first time during this bull cycle, […]

‘Crypto Levels the Playing Field’: Coinbase CEO Responds to Dogecoin’ Co-Creator

The CEO of Nasdaq-listed cryptocurrency exchange Coinbase Brian Armstrong has responded to comments made by Dogecoin co-creator Jackson Palmer about the cryptocurrency market. Armstrong defended crypto creates “wealth mobility and more equal opportunity for everyone.” The CEO of Coinbase was responding to a Twitter thread published by Palmer, in which the creator of the meme-inspired […]

$7.5 Billion Hedge Fund Investment Manager Predicts Incoming Bitcoin Supply Shock

Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital, a hedge fund with $7.5 billion in assets under management, has revealed he believes a Bitcoin supply shock may be around the corner. During an interview with Bloomberg, Gayeski noted that on-chain signals indicate “strong holders” are once again accumulating bitcoin while planning […]

New Dogecoin-Inspired Cryptocurrency Sees Price Jump After Elon Musk Shoutout

A newly created Dogecoin-based cryptocurrency called Daddy Doge (DADDYDOGE)has seen its price jump shortly after a Tesla CEO shoutout after he left court on July 13. The price of the cryptocurrency jumped over 680% from $0.00000007 to $0.000000055 per coin. As first reported by Benzinga, Musk was leaving a court appearance in a case related […]

Bitcoin HODLer Blue Line Capital President Explains When He’ll Be Buying More $BTC

Bitcoin’s price hit a new all-time high near $64,000 and started dropping ever since. It dipped to a $30,000 low in late May but quickly recovered to $40,000. It has since been trending downward to trade within a range between $35,000 and $32,000. As the flagship cryptocurrency’s price steadily moves sideways, two top traders have […]

Bitcoin Whales Started Accumulating $BTC After Price Dropped to $30,000, Data Shows

Bitcoin’s bearish trend could turn bullish in the near future if investors keep on buying the flagship cryptocurrency above the key $30,000 level. This was reportedly the level bitcoin whales started selling at during the last bull run. According to on-chain monitoring resource ecoinometrics, once the price of BTC started surging from around $10,000 in […]

Bitcoin Price to Surge to $157,000 After Pullback Ends, Says on-Chain Analyst Willy Woo

Popular on-chain analyst and market commentator Willy Woo has predicted the price of bitcoin could surge to $157,000 once the current pullback the cryptocurrency market has been seeing is over. Woo’s words, as Daily Hodl reports, came during an interview with well-known bitcoin bull Anthony Pompliano and were based on his model which uses on-chain […]

Bitcoin Whale Moves $BTC After It Appreciated Over 630,000% in 9 Years

A total of 791 bitcoin that had been dormant for over nine years has moved. The coins came from an address that was relatively active back in 2012, when the price of bitcoin was trading between $5 and $15. Data from the blockchain shows the address was most active in mid-2012, when BTC was trading […]

Bitcoin’s Price Could Start Moving Up Soon, Technical Indicators Suggest

The price of Bitcoin has been trading between the $40,000 and $30,00 marks over the last few weeks and the range it’s trading in has been shortening over time as its volatility plunges. Technical indicators now suggest that range may be broken upward. As reported,  CryptoCompare’s June 2021 Exchange Review revealed that the drop in prices […]

Bitcoin’s Biggest Whales’ Share of the Total BTC Supply Is Now at a 27-Month High

Bitcoin whales have been HODLing over the last few weeks as the price of BTC moves sideways. CryptoCompare data shows that bitcoin has been trading between $30,000 and $40,000 for about a month now, and according to on-chain data the supply of BTC in whales’ hands is now at a 27-month high. According to cryptocurrency […]

Dogecoin Co-Creator Regrets Not Becoming a $DOGE HODLer Back in 2014

Billy Markus, one of the co-creators of the meme-inspired cryptocurrency Dogecoin (DOGE), has on social media seemingly revealed he regrets not holding onto the cryptocurrency he helped created since the beginning, as its price skyrocketed over the last few months. In a tweet, Markus revealed that back in 2014 the price of DOGE was only […]

Elon Musk Defends Dogecoin ($DOGE) Scaling Effort After Calling $BTC and $ETH ‘Slow’

Tesla CEO Elon Musk has defended on social media efforts to scale the meme-inspired cryptocurrency Dogecoin (DOGE) after calling both Bitcoin and Ethereum “slow” at their base layer, and suggested an alternative path for DOGE. Responding to YouTuber Mark Wallace who expressed excitement for an upcoming DOGE update, Musk commented that both bitcoin and ether […]

Baby Doge ($BABYDOGE) Sees Price Recovery Ahead of NASCAR Debut

Baby Doge, a cryptocurrency created “by fans of the Doge Coin online community” that “seeks to impress his father by showing his new improved transaction speeds & adorableness” has seen its price recover from a slump ahead of its NASCAR debut. The cryptocurrency’s NASCAR debut is this Saturday, July 10, as BABYDOGE’s branding will be […]

Cryptocurrency Trading Volumes Plunge as Prices and Volatility Stall

The price of bitcoin has dropped from a $64,000 all-time high in mid-May to a $30,000 low and recovered shortly after. The cryptocurrency has since been trading between $30,000 and $40,000 since and its reduced price and volatility have taken a toll on trading volumes. According to CryptoCompare’s June 2021 Exchange Review report, spot trading […]

Dogecoin Is a ‘Scam’ That Will End ‘Very Badly’ Says Legendary Financial Advisor

Legendary financial advisor and best-selling author Ric Edelman has revealed he believes meme-inspired cryptocurrency Dogecoin ($DOGE) is a “scam” that will end “very badly,” even though he is bullish on the cryptocurrency space in general. During an interview with Yahoo Finance, Edelman revealed he believes cryptocurrencies are becoming mainstream “very, very quickly” and although they’re […]

XRP’s Use Cases Are ‘Basically the Same as Bitcoin’, Says Ripple Exec

Ripple’s Director of Developer Relations, Matt Hamilton, has claimed on social media that XRP was created by Bitcoin developers as a “better” version of the cryptocurrency once they realized “bitcoin’s energy usage was not scalable,” and that XRP’s use cases are “basically the same as Bitcoin. Hamilton’s words came as he discussed the cryptocurrency with […]

On-Chain Analyst Expects Bitcoin Price to Explode Due to Impending Supply Shock

Popular bitcoin analyst Willy Woo has predicted a potential supply shock for Bitcoin could see the price of the flagship cryptocurrency surge in the near future, as long-term bitocin holders have been accumulating coins while short-term holders have been selling. According to Woo, as Cointelegraph reports, the ratio of Bitcoin held by long-term investors is […]

Cardano ($ADA) Overtakes Bitcoin as the Most-Held Cryptocurrency on eToro: Report

Cardano (ADA) has overtaken the flagship cryptocurrency Bitcoin as the most-held cryptocurrency on the popular eToro trading platform during the second quarter of the year after seeing a 51% rise compared to the previous quarter. Bitcoin, meanwhile, saw demand for it move up 42% during the same period according to CityAM. Simon Peters, a crypto […]

Ethereum Has Highest ‘Real Use Potential’ and Could Overtake Bitcoin: Goldman Sachs

The second-largest cryptocurrency by market capitalization, Ethereum, has the highest “real use potential” according to analysts at Goldman Sachs, and it could one day overtake Bitcoin as the go-to store of value in the cryptocurrency space. In a note sent to clients, first reported on by Business Insider, Goldman Sachs predicted Ethereum’s market capitalization could […]

Ethereum ($ETH) Is Set to Surpass Bitcoin’s Market Capitalization, Says Celsius CEO

The CEO of cryptocurrency lending platform Celsius, Alex Mashinsky, has revealed that Ethereum is already “flippening” bitcoin when it comes to total U.S. dollar amount invested by its firm’s users, and believes the trend will expand to the wider market. During an interview with Kitco News, Mashinsky argued that Ethereum’s ether has already surpassed bitcoin […]

Famed Dogecoin Investor Doubles Down on His $DOGE Bet As Price Dips

Glauber Contessoto, a Dogecoin investor famous for investing his $250,000 life savings in the meme-inspired cryptocurrency in early February to become a millionaire, is doubling down on his bet In the meme-inspired cryptocurrency by investing an additional $25,000 in it. According to a tweet Contessoto published, the move comes in response to the cryptocurrency’s price […]

Flare Details Plan to Airdrop 100 Billion Spark ($FLR) Tokens to $XRP Holders

Flare Networks has detailed its plan to airdrop Spark (FLR) tokens to XRP holders after months of planning the airdrop. Once the network goes live, each eligible holder will immediately receive 15% of their claimable FLR tokens, while being able to claim an average of 3% per month thereafter. According to Flare, the airdrop will […]

Bitcoin Network’s User Growth ‘Near All-Time High’ Says on-Chain Analyst Willy Woo

Popular on-chain analyst and market commentator Willy Woo has revealed that he has seen signals suggesting that the Bitcoin network’s user growth is now “near an all-time high,” at a time in which the price of bitcoin has been ranging between $40,000 and $30,000. The analyst’s words came during an interview on the What Bitcoin […]

Cardano (ADA) Founder Charles Hoskinson Says Network Has ‘Thousands of Assets’

Cardano (ADA) founder Charles Hoskinson has said there are “thousands of assets” on the Cardano network in response to criticism surrounding activity on the cryptocurrency. The criticism came in response to a prediction Hoskinson made in July of last year, in which he said that in a year Cardano would have “hundreds of assets” running […]

Grayscale Adds Cardano to Digital Large Cap Fund After $ADA’s Over 1,000% Gain

Cryptocurrency asset manager Grayscale Investments has rebalanced its Digital Large Cap Fund (GDLC) to add a new Cardano (ADA) component to the fund, allowing investors to also gain exposure to the cryptocurrency, which moved up over 1,000% in the last 12 months. According to Grayscale, the fund’s portfolio sold “certain amounts of the existing Fund […]

Ethereum Balance on Exchanges Plunges, Lowering ‘Risk of Future Major Sell-Off’

The amount of Ethereum being held on major cryptocurrency trading platforms has dropped to its lowest level since November 2018, which according to cryptocurrency analytics firm Santiment lowers the “risk of a future major sell-off.” Cryptocurrency users often move funds off of cryptocurrency exchanges when they plan ot use it on the blockchain or store […]

$30 Billion: Cardano ($ADA) Has Over 70% of Supply Staked Ahead of Major Upgrade

Cardano, the fifth-largest cryptocurrency network by market capitalization, now has over 70% of its circulating supply staked ahead of a major upgrade that will bring smart contracts to its network, allowing decentralized finance applications to be deployed on it. According to data from PoolTool, first spotted by Cointelegraph, 71.66% of ADA’s circulating supply is now […]

Bitcoin’s Price Is Going to Crash to $10,000, Says Former Crypto Bull

ADVFN CEO Clem Chambers has stopped being extremely bullish on bitcoin to now being bearish and claiming the cryptocurrency’s price will drop to $10,000 as part of a cycle BTC tends to repeat in its history. During an interview with Stansberry Research Chambers, who in 2018 predicted the cryptocurrency was moving back to $20,000 and […]

‘Don’t Count It out’ – Prominent Crypto Analyst Suggests XRP Price Could Surge This Cycle

Prominent cryptocurrency analyst and well-known XRP bull Credible Crypto has predicted that the price of the seventh-largest cryptocurrency by market capitalization could still surge this cycle to make a new all-time high, as it did back in 2017. Credible Crypto’s words came as he was replying to another cryptocurrency analyst who said he was bearish […]

Tesla CEO Elon Musk Shows Support for Dogecoin ($DOGE) Fee-Change Proposal

Tesla CEO Elon Musk has tweeted out support for a proposal that would dramatically reduce the transaction fees on the network of the meme-inspired cryptocurrency Dogecoin, from a recommended 1 DOGE fee to 0.01. In a tweet, Musk claimed that it is “important to support” a proposal brought forth by Dogecoin developer Patrick Lodder to […]

Ripple Hires Former Mastercard Exec to Expand Its XRP-Powered Solution RippleNet

Fintech giant Ripple has hired former Mastercard executive Sendi Young as Managing Director of its European operations in a bid to expand Ripple’s global financial network technology RippleNet, which uses the XRP token for its On-Demand Liquidity (ODL) solution. In a blog post, Ripple detailed that Sendi has over fifteen years of experience in fintech, […]

Key Bitcoin Indicator Flashes Buy Signal, but Its Creator Warns It May Be Misleading

The price of bitcoin has recently bounced from the $30,000 to now trade around $36,000 according to CryptoCompare data, and its movement coupled with a crash in its hashrate led to a key indicator flashing a buy signal. That key indicator, the Puell Multiple, is the ratio of the daily issuance if bitcoin in U..S […]

Popular Crypto Analyst Drops All His Ethereum in Favor of Cardano ($ADA)

A pseudonymous cryptocurrency analyst has revealed he is selling the remainder of his Ethereum holdings in order to buy more of Cardano’s ADA, as he believes the latter will outperform the second-largest cryptocurrency by market capitalization. In a series of tweets the trader, known as Capo, told his over 135,000 followers that looking at the […]

Best-Selling Author Recommends Bitcoin Ahead of ‘Biggest Crash in World History’

The highly successful author of the “Rich Dad Poor Dad” series of personal finance books, Robert Kiyosaki, has recommended buying bitocin, silver and hold ahead of what he believes is going to be the “biggest crash in world history.” In a tweet, Kiyosaki said that he thinks the next market crash “will be a long […]

SoftBank-Backed Travel Booking Platform Expands With Dogecoin ($DOGE) Payments

The SoftBank-backed travel booking platform GetYourGuide has announced its expansion to the United States, after selling more than 45 million tours across 170 countries. It’s launching with a Dogecoin (DOGE) payment option. According to a press release«, GetYourGuide’s expansion to the United States will allow travelers in the country to “maximize each trip with awide […]

Bitcoin Is Going to Trade at $160,000 This Year, Says Celsius CEO Alex Mashinsky

The CEO of cryptocurrency lending platform Celsius has revealed he believes the price of bitocin is going to surge to $160,000 this year, even after a cryptocurrency market crash saw the price of the flagship cryptocurrency drop from a $64,000 all-time high to less than $30,000 before recovering. During an interview with Cointelegraph at the […]

Prominent Crypto Analyst Says XRP Price could Soon Outperform Bitcoin

Prominent cryptocurrency analyst Credible Crypto has predicted that the price of XRP is likely near a bottom when trading against the flagship cryptocurrency bitcoin and sees it reverse to outperform the cryptocurrency. In a tweet, Credible Crypto shared a chart illustrating his thoughts and added that it’s worth considering XRP is “on a major historical […]

Bitcoin Hasn’t Bottomed Until Dogecoin ($DOGE) Hits $0.01, Hedge Fund Founder Suggests

John Hempton, founder and co-owner of hedge fund Bronte Capital, has suggested on social media a hypothesis that said the price of the flagship cryptocurrency bitcoin will only hit a bottom after Dogecoin (DOGE) drops below $0.01. In a tweet, Hempton said that the cryptocurrency market is in a speculative mania as long as the […]

Bitcoin’s Fair Value Could Be as Low as $23,000, JPMorgan Says

Bitcoin’s recent price drop may be one that will be hard for the cryptocurrency to recover from as institutions aren’t stepping in to buy the dip and analysts at JPMorgan estimate that the cryptocurrency’s medium-term fair value could be between $23,000 and $35,000. In a note sent to clients, first reported on by Business Insider, […]

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