The founder of Ondo Finance, Nathan Allman, passed away, the firm said in a post on X on Tuesday, without saying why. The new chief executive officer is Ian De Bode, a longstanding president of Ondo who has been in charge of strategy, products, and daily operations for more than two
Crypto analyst Crypto Patel has outlined a roadmap for a Litecoin rally to $1,000. He noted that LTC is currently in a multi-year accumulation phase, which is why he remains bullish despite the altcoin being down over 80% from its all-time high. The Roadmap For A Potential Litecoin Rally To $1,000 In an X post, Crypto Patel divided the roadmap for a Litecoin rally to $1,000 into three phases. Under the first phase, he expects LTC to reclaim the $100 to $140 zone between now and next year. Under phase 2, he predicts the altcoin could rally to between $200 and $280, which could happen between post-halving and 2028. Related Reading: Is Litecoin “Dead Money” Or Is It About To Do What Solana Did In 2024? Furthermore, Crypto Patel stated that Phase 3 will be the bull cycle peak, which could be between 2028 and 2029. This is when he expects LTC to sweep its current all-time high (ATH) and then see an extension to a blow-off top of between $500 to $700. The analyst added that a rally to $1,0
Nathan Allman, the founder of Ondo Finance, died unexpectedly. Ian De Bode was named CEO after the transition. Ripple’s David Schwartz praised Allman’s vision and leadership. The crypto industry is in mourning today as the legendary and brilliant founder of Ondo Finance, Nathan Allman, has suddenly passed away. The Industry Legacy of Ondo Finance The […]
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XRP crowd sentiment has deteriorated to its weakest level in three weeks, according to a Santiment Intelligence chart shared on X, putting the token back in what the analytics firm described as a historically relevant “FUD zone.” Santiment said the ratio of positive to negative social media commentary around XRP has dropped to just 1.1 bullish comments for every bearish comment. In the chart, the positive-to-negative sentiment ratio sits near 1.104 on May 25, close to the lower fear threshold marked by Santiment, while XRP’s price line hovered around the mid-$1.30 area. Related Reading: Why Questions Are Being Raised about The XRP Ledger’s 300,000 Milestone “XRP’s crowd sentiment has swung sharply negative again, with the ratio of positive to negative commentary dropping to just 1.1 bullish comments for every 1 bearish comment,” Santiment wrote. “Historically, this kind of fear and skepticism has often acted as a contrarian signal for XRP’s price.” What This Means For XRP Price The poi
Ondo Finance, one of the leading real-world asset tokenization protocols with over $3.79 billion in total value locked, has confirmed the unexpected death of its founder Nathan Allman. Ian De Bode has been named the new chief executive officer, effective immediately. Filling Big Shoes Ondo Finance, a blockchain protocol that brings traditional financial instruments onchain, […]
Ondo Finance token is down 4% after Nathan Allman’s death announcement. Ian De Bode officially takes over as Ondo Finance CEO. Ondo TVL holds above $2.67 billion amid market uncertainty. ONDO token fell nearly 4% over the past 24 hours after news emerged that Ondo Finance founder Nathan Allman had passed away unexpectedly. The token […]
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A crypto analyst has pointed out how Dogecoin might have to hold above $0.1020 to avoid a retest of a Parallel Channel’s lower level. Dogecoin Could Be Following A Parallel Channel In a new post on X, analyst Ali Martinez has talked about a support region that Dogecoin is retesting right now. The region in question includes two lines: a simple moving average (SMA) of the daily spot price and the middle level of a Parallel Channel. Related Reading: Bitcoin Sell Pressure Rising? Binance Inflows Hit 10-Day Streak A Parallel Channel is a pattern from technical analysis (TA) that appears whenever an asset trades between two parallel trendlines. Such channels can be of a few different types depending upon how the trendlines are oriented with respect to the graph axes, but in the context of the current topic, the simplest variant is of interest: one that has its channel parallel to the time-axis. The upper level of a Parallel Channel is assumed to be a source of resistance for the price. Simi