FomoScope - Crypto FOMO Detection & Analysis

news.bitcoin.com Mar 24, 2025 18:19

Report Claims Visa and World Network in Talks to Merge Crypto Wallets With Card Payments - Sam Altman’s World Network is allegedly in discussions with Visa to integrate stablecoin payment capabilities into its self-custody crypto wallet, according to an unnamed source speaking with Coindesk’s Ian Allison. This collaboration aims to incorporate Visa card functionality into World Network wallets, enabling users to conduct stablecoin transactions with merchants across Visa’s global network. “The […]

FOMO: 85%

dailyhodl.com Mar 24, 2025 18:41

Michael Saylor Stays Bullish As Strategy Buys $584,000,000 in Bitcoin, Pushing Holdings to 2% of Supply - Strategy, formerly MicroStrategy, is announcing the acquisition of nearly 7,000 more Bitcoin (BTC) worth approximately $584 million. In a new post to the social media platform X, Strategy says it now owns over 500,000 BTC. Strategy has acquired 6,911 BTC for ~$584.1 million at ~$84,529 per...

BTC

FOMO: 90%

cointelegraph.com Mar 24, 2025 18:53

Will Bitcoin price hit $130K in 90 days? Yes, says one analyst - Bitcoin (BTC) delivered its best weekly performance in over two months, climbing 4.24% to an intra-day high at $88,804. BTC also reclaimed a bullish stance on the charts, closing above the daily chart’s 200-day exponential moving average (EMA).Bitcoin 1-day chart. Source: Cointelegraph/TradingViewWith a weekly close above $84,600, the likelihood of BTC testing $90,000 increases. However, BTC price must overcome the descending resistance level to make a sustainable move at the range highs. Bitcoin correction is a “healthy pause”Bitcoin researcher Axel Adler Jr. explained that based on onchain metrics, the current price cycle reflects a healthy consolidation rather than the beginning of a bear market. Adler Jr. noted that BTC has not yet entered “overheated” territory in this cycle, as indicated by BTC’s Investor Price Model. This metric flashed a sell signal twice during 2021, and the model incorporates the realized cap, thermo cap, investor price, and Bitcoin supply. Using Bitcoin’s cumulative value days destroyed (CVDD), Adler argued that the market remains in a “growth stage.”Bitcoin cumulative value days. Source: adlercryptoinsights / SubstackThe CVDD metric monitors selling activity among long-term holders. The current bull cycle (2024-2025) triggered a sell signal just once, back in March 2024. In a Substack article, Adler said,“Considering the current market dynamics, we might see seasoned investors taking profits once Bitcoin breaches key peak levels ($123K), potentially exerting downward pressure on the price.”From the above analysis, Adler Jr. predicted that Bitcoin could climb to $130,000 within 90 days.Related: Bitcoin must reclaim this key 2025 level to avoid new lows — ResearchBitcoin open interest jumps $1.5 billion in 24 hours According to Velo data, Bitcoins open interest (OI), representing the total value of outstanding futures contracts, jumped by over $1.5 billion in the last 24 hours. Meanwhile, the funding rate, which reflects the cost of holding leveraged positions, stayed near neutral. This suggests that neither bullish (long) nor bearish (short) traders were dominantly in control. Bitcoin price and aggregated open interest. Source: Velo.chartBitcoin experienced a surge in upward momentum late on Sunday, March 23rd. Weekend price rallies like this often occur with lower trading volume, as larger market participants tend to step back until the start of the week. In such a scenario, leveraged trades amplifying the action could heavily influence the price movement.In an X post, anonymous crypto analyst IT Tech PL also pointed out the OI level rise after BTC exceeded $87,500. However, the analyst added, “But here’s the catch: High OI + Rapid Price Increase = Risk of Liquidation Cascades!”Bitcoin 4-hour chart. Source: Cointelegraph/TradingViewFrom a technical perspective, Bitcoin registered a new high at $88,750 over the previous week’s top. However, as the chart exhibited, the price tested the upper Bollinger Band alongside the descending resistance. Additionally, BTC is also oscillating within an ascending channel. Based on the above confluence, BTC could witness a short-term correction to test the demand zone around $86,000-$87,000 before breaking through the $90,000 threshold. Related: Michael Saylor’s Strategy surpasses 500,000 Bitcoin with latest purchaseThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 90%

cointelegraph.com Mar 24, 2025 18:53

Will Bitcoin price hit $130K in 90 days? Yes, says one analyst - Bitcoin (BTC) delivered its best weekly performance in over two months, climbing 4.24% to an intra-day high at $88,804. BTC also reclaimed a bullish stance on the charts, closing above the daily charts 200-day exponential moving average (EMA).Bitcoin 1-day chart

BTC

FOMO: 85%

ambcrypto.com Mar 24, 2025 19:00

Bitcoin buy pressure builds at $87K – Is $95K BTCs next stop? - Bitcoins aggressive sell pressure has faded as 24-hour net taker volume flipped positive.

BTC

FOMO: 85%

thedefiant.io Mar 24, 2025 19:05

Arthur Hayes: Bitcoin to Hit $110K Before Retesting $76.5K, More Likely Than $70K - Arthur Hayes, co-founder of BitMEX, has predicted that Bitcoin will reach $110,000 before pulling back to $76,500

BTC

FOMO: 85%

cryptoslate.com Mar 24, 2025 19:15

Hayes flips bullish on Bitcoin, predicts $110,000 rally amid Fed’s policy shift - BitMEX co-founder Arthur Hayes said Bitcoin (BTC) is more likely to climb to $110,000 before experiencing a significant correction, pivoting from his previous stance that further downside was likely until BTC hit $70,000. Hayes said in a social media post on March 24 that his views have flipped bullish due to the potential shift in […] The post Hayes flips bullish on Bitcoin, predicts $110,000 rally amid Fed’s policy shift appeared first on CryptoSlate.

FOMO: 90%

bitcoinmagazine.com Mar 24, 2025 19:20

HK Asia Holdings Becomes First in China to Adopt Bitcoin Treasury - Bitcoin Magazine HK Asia Holdings Becomes First in China to Adopt Bitcoin Treasury HK Asia Holdings becomes the first public company in Greater China to adopt a Bitcoin treasury strategy, signaling a shift in regional adoption. This post HK Asia Holdings Becomes First in China to Adopt Bitcoin Treasury first appeared on Bitcoin Magazine and is written by Nick Ward.

FOMO: 90%

newsbtc.com Mar 24, 2025 19:30

Analyst Sets Dogecoin Next Target As Ascending Triangle Forms - Crypto analyst CobraVanguard has revealed the next price target for Dogecoin as an ascending triangle forms for the foremost meme coin. A rally to this price target could pave the way for the new highs, especially with the crypto market looking to be in rebound mode. Next Target For Dogecoin As...

FOMO: 90%

ambcrypto.com Mar 24, 2025 20:00

Bitcoin flashes buy as Binance, Metaplanet accumulate: Good news for BTC? - Bitcoin could be headed north following a rise in global liquidity, institutional buying, and a reduction in selling pressure.

BTC

FOMO: 85%

coincu.com Mar 24, 2025 19:59

DWF Labs Introduces a $250 Million Crypto Fund - DWF Labs launches a $250M liquid fund to boost crypto projects, aiming at adoption and industry growth.

FOMO: 85%

news.bitcoin.com Mar 24, 2025 20:05

ETF Weekly Recap: Bitcoin ETFs See First Net Weekly Inflow After Five Weeks - Bitcoin ETFs broke a five-week streak of outflows by attracting $744.35 million from March 17 to March 21, signaling renewed investor confidence. Conversely, ether ETFs continued their fourth consecutive week of outflows, shedding $102.89 million. Bitcoin ETFs Rebound with $744 Million Weekly Inflow As Ether ETFs Extend Weekly Outflow Streak After enduring five weeks of […]

FOMO: 85%

cointelegraph.com Mar 24, 2025 20:08

Crypto exchange Kraken exploring $1B raise ahead of IPO: Report - Cryptocurrency exchange Kraken is considering a major capital raise ahead of a potential initial public offering (IPO) early next year, Bloomberg reported on March 24. Citing anonymous sources, Bloomberg said Kraken is exploring a debt package worth anywhere between $200 million and $1 billion. The exchange is reportedly in preliminary talks with Goldman Sachs and JPMorgan Chase about facilitating the transaction.The source reportedly told Bloomberg that the funds would be used to support Kraken’s growth and not for operational expenses. Bloomberg has been reporting about Kraken’s IPO ambitions for the better part of a year. Talks of going public have intensified following the election of US President Donald Trump, with Bloomberg claiming that Kraken’s IPO could come in the first quarter of 2026.Cointelegraph contacted a Kraken representative about the potential debt package and IPO, but they declined to comment. Kraken is one of the world’s largest crypto exchanges, facilitating more than $1.1 billion in trading volume over the past 24 hours, according to CoinMarketCap data. The exchange grew rapidly in 2024, with year-end financial statements showing $1.5 billion in revenue — a gain of 128% compared to 2023. The company’s adjusted earnings reached $380 million for the year. Kraken’s year-end financial statements show significant growth in revenue, funded accounts and assets. Source: KrakenRelated: Kraken secures MiFID license to offer derivatives in EuropeKraken’s latest acquisitionKraken is expanding its footprint in the derivatives market with the $1.5 billion acquisition of NinjaTrader, a popular brokerage service specializing in futures contracts. The acquisition is part of the exchange’s broader push into multi-asset services, including equities and payments. NinjaTrader was founded in 2003 and is registered with the US Commodity Futures Trading Commission. Source: Arjun SethiThe acquisition suggests crypto companies are growing their business with confidence following the election of a pro-crypto Republican administration. As Cointelegraph reported, Kraken was one of several crypto exchanges to be freed from enforcement action by the US Securities and Exchange Commission. A positive regulatory climate may have contributed to Kraken’s decision to resume crypto staking services for US clients after a nearly two-year hiatus. Clients in 37 states can now access staking services across 17 cryptocurrencies, including Ether (ETH) and Solana (SOL).Magazine: Unstablecoins: Depegging, bank runs and other risks loom

FOMO: 85%

cryptopolitan.com Mar 24, 2025 20:10

BlackRock buys more Bitcoin, receives $100M BTC from Coinbase Prime - BlackRock has received deposits of $100 million in Bitcoin in the last seven days, and its portfolio now holds 570.83 BTC. According to Arkham Intelligence data, the worlds largest asset manager received 350 BTC via Coinbase Prime on Monday. The firm continues to invest more in digital assets,...

BTC

FOMO: 90%

cointelegraph.com Mar 24, 2025 21:14

3 reasons why Solana (SOL) price rallied above $140 - Solanas native token, SOL (SOL), gained 8.5% on March 24, reclaiming the $142 mark for the first time in two weeks. This rally mirrored the gains seen across the broader cryptocurrency market as traders began to expect reduced risks of an economic downturn. The growing risk appetite can also be seen among memecoins, several of which rallied by 12% or more since March 23.Outside of the broad market rally, SOL has its own merits, including a rise in network activity and the direct involvement of US President Donald Trump with the memecoin market. Additionally, growing interest from top traders on exchanges and the increasing likelihood of a spot Solana exchange-traded fund (ETF) approval suggest further potential for SOL’s price growth.SOL/USD (green) vs. crypto market cap (orange). Source: TradingView / CointelegraphDespite the recent rally, SOL has underperformed the broader crypto market by 23.7% over the past two months. This weakness is linked to a 93% decline in Solana network fees during that period. The decline likely began with traders’ disappointment in the memecoin sector but gradually affected the entire decentralized application (DApps) market.SOL still trades 52% below its all-time highTraders now question whether the selling was an overreaction, as SOL is currently trading 52% below its all-time high of $295. This comes despite Solana remaining the second-largest blockchain in terms of total value locked (TVL) and ranking third in onchain volumes. For comparison, BNB is trading 20% below its all-time high, and XRP is 28% below its peak.Blockchains ranked by total value locked (TVL), USD. Source: DefiLlamaWhile Tron and BNB Chain provide competition in terms of onchain volumes, deposits in Solana network’s smart contracts are valued at $6.8 billion. In third place, BNB Chain holds 21% less TVL, with $5.4 billion. Key highlights on Solana include the Jito liquid staking solution, Kamino lending and liquidity platform, and the Jupiter decentralized exchange.The fees on the Solana network are now higher than those on the Ethereum base layer, surpassing $1 million per day. More importantly, Solanas revenue has recently reached its highest levels in two weeks. While still far from the levels seen two months ago, the increase in Solana network activity suggests that the bottom may have been reached as the numbers continue to improve steadily.Solana network daily fees, USD. Source: DefilLlamaAs a comparison, Ethereum accrued less than $350,000 in fees on March 23, leading to an increase in ETH supply as the built-in burn mechanism failed to offset weak blockchain activity. Solana, on the other hand, offers a 7.7% native staking reward rate, surpassing the equivalent 5.1% inflation rate, according to StakingRewards data.Solana ETF decision nears while Trump tweet boosts memecoin momentumDespite SOL’s price weakness, top traders on Binance have increased their leveraged long (bull) positions on SOL, according to CoinGlass data.Binance top traders long-to-short SOL ratio. Source: CoinGlassThe long-to-short ratio among top traders on Binance surged to 2.40 on March 23, its highest level in over two months. Part of the excitement can be attributed to the anticipation of the spot Solana exchange-traded fund (ETF) approval in the US.The US Securities and Exchange Commission is expected to issue its final verdict before the end of the year, according to Matthew Sigel, VanEck’s head of digital asset research. Although success is not guaranteed, the eventual spot Solana ETF approval would set SOL apart from its competitors, adding legitimacy to the asset, especially among institutional investors.Another source of momentum came from a weekend social post by President Trump, which explicitly mentioned the TRUMP memecoin and helped to create a buzz in the sector. In the Solana ecosystem, Fartcoin gained 15% on March 24, Dogwifhat (WIF) rallied 12%, and Pudgy Penguins (PENGU) traded up by 12%.Ultimately, SOL has significant potential for higher gains, given the network’s TVL and fees, especially in comparison to competitors, along with bullish positioning from whales using leverage.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

FOMO: 88%