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U.Today
Cardano Skyrockets 33% in Volume as Market Anticipates Breaking News
5 days ago
MarsNext
MarsNext
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👉👉👉 #BREAKING : Reddit Announced That It Converted Its Excess Cash into Bitcoin and Ethereum! In a recent announcement, social media giant Reddit disclosed its decision to convert its surplus cash into Bitcoin and Ethereum, with plans to continue this strategy moving forward. Additionally, Reddit has expanded its payment options by adding #Ethereum and $MATIC assets for the purchase of certain virtual products on its platform. The news of Reddit's intention to go public surfaced with the submission of paperwork for an initial public offering (IPO) in the United States on Thursday. This development marks a significant milestone for Reddit, coming almost two decades after its inception. While #Reddit was valued at $10 billion in a financing round in 2021, the specific valuation the company aims to achieve during its upcoming share sale remains undisclosed. Source - en.bitcoinsistemi.com #CryptoNews #BinanceSquare

2 days ago
CryptoVenom
CryptoVenom
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⛔️ $BTC (PRICE) Breaking News ⛔️ Guys, I shared with you below the chart of BTC that now is at the $51,000 area. You Should READ this if you own any Cryptocurrency💫 🔅Two Scenarios Might Happen🔅 1️⃣ Dumps Below $50,700 Support Level: As per the chart I share with you below, BTC is starting to decline as it moves closer to the support level $50,700 which is a major support level💥 Keep an eye on this level and note the following, as per charts if BTC breaks this support level then a heavy dip will happen. A break below this level will affect the price of Altcoins as we might see a decline in Altcoins Prices. Next Support Level is $47,400💥 💸 Buying Opportunities If this Happens: Keep some USDT in your wallets just incase we had a Market dump to buy your favourite Cryptocurrencies at a low price. This might be the final correction before BTC Halving if BTC breaks this major support level💰 2️⃣ Touch $50,700 & Increase back: BTC might bounce off this support level with a slight percentage to do so, as all the Charts are showing a major correction. Next Resistance level is at the $52,600💥 Could we pump back to this, well no one knows!!! But this is only a post to keep you informed and to get you ready to the scenarios to come💫 Don't panic and again Keep some USDT on hand, that's my only advice💸 Like & Follow For MORE Exclusive News🥂 #Write2Earn #TrendingTopic #BTC #BullBear

2 days ago
CryptoNewsLand
CryptoNewsLand
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VeChain (VET) bullish signals ignite optimism among traders and analysts. One trader anticipates VET to hit 50X or 140X explained in detailed chart analysis. The blockchain’s positive weeks, record transactions, and token spikes fuel enthusiasm. In the crypto realm, VeChain (VET) is currently basking in the sunshine of positive predictions and bullish sentiments from crypto traders and analysts. The community’s optimism has surged as VeChain experiences its first-ever weekly ‘Golden Cross,’ a significant bullish signal indicating potential upward price movement. VeChain Sees First Ever Weekly 'Golden Cross,' a Bullish Signal. #vechain #VeFam #VET pic.twitter.com/CTWDM4j2v1 — Lucas Ⓥ (@LucaLucasv) February 22, 2024 In addition, Ergag Crypto, a renowned analyst, has taken a deep dive into VeChain’s potential, presenting a detailed analysis accompanied by a chart. In his assessment, Ergag Crypto speculates that VET has the potential for a remarkable surge, suggesting it could either experience a 50X or 140X increase in value. #VET Either 50X or 140X! :A) If we see a percentage increase similar to "Move A," then 50X could be in play.B) If we witness a percentage increase similar to "Move B," then 140X could be in play.Which scenario do you think is more plausible, possible, and probable?… pic.twitter.com/3A85sgidek — EGRAG CRYPTO (@egragcrypto) February 22, 2024 Ergag Crypto outlines two possible scenarios for VeChain’s future trajectory. In Scenario 1, if the percentage increase aligns with “Move A,” a 50X surge could be on the horizon. In Scenario 2, a percentage increase akin to “Move B” might propel VeChain to an astounding 140X growth. VeChain’s recent weeks have been marked by positive developments, including significant partnerships and a surge in record-breaking transactions on its blockchain. Both native tokens, VeChain (VET) and VeThor (VTHO), have witnessed substantial price increases, with VET soaring by over 30% and VTHO experiencing a remarkable 100% surge. The VeFam community eagerly anticipates new all-time highs for both assets, reflecting the overall bullish sentiment surrounding VeChain. As exciting times unfold for VeChain, the crypto world eagerly awaits the unveiling of major news expected at the end of the month, further fueling positive expectations for the blockchain’s future. Read Also 3 Tokens With 50x ROI Potential Uphold Back Online After Outage Due to 50x Spike in XRP Trading Volume How XRP’s Value Might Soar to $14: Understanding the 50x Rise Prediction VeChain Set to Soar: Predicted to Break Through $0.783 in 2024 2024 VeChain Price Forecast: VET to Break Through $0.1032 The post VeChain’s Bullish Momentum Continues as Analysts Predict 50X or 140X appeared first on Crypto News Land.

2 days ago
Crypto Expert BNB
Crypto Expert BNB
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 🎯   BREAKING NEWS ABOUT PIXEL🎯 🚀 Tomorrow marks a significant day for  #PIXEL ! 🚀 📌DUE TO SOME REASON PIXEL NOT SHOW IN COIN LIST JUST WAIT TILL EVENING SOON WILL APPEAR What can we expect regarding the price? 🛩Based on pre-launch offers at WhalesMarket, current holders are asking around $0.48-$0.52 per 1 PIXEL. If this represents the peak of the first candle, it might be prudent to consider entry around $0.30. However, exercise wisdom and conduct thorough research. This is not investment advice. Observe the trading data and determine your strong "why" before making any decisions. Remember, all decisions are made at your own risk. 📈💡 #Write2Earn   #PIXEL   #TrendingTopic  
7 days ago
Crypto updates_
Crypto updates_
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😯🚀 Ripple (XRP) on the Edge: Is the Big Bang Coming? A moment of anticipation grips Ripple ( #XRP🚀 ), as it teeters on the brink of a potential explosion that could redefine its trajectory. Despite breaking its downward trend, XRP has yet to showcase the anticipated surge in performance. While Bitcoin (BTC) soars above $50,000, Ripple (XRP) lingers in the shadows, trailing behind other altcoins. However, amidst this apparent stagnation, XRP sends positive signals, hinting at the potential for a monumental breakthrough with the right catalyst—perhaps a surge of positive news. With each passing day, XRP's technical structure strengthens, fueling optimism for a bullish surge. Should favorable news emerge, XRP could set its sights on ambitious targets, ranging from $0.5468 to $0.7318, with pivotal support levels at $0.6206–0.6303. Yet, looming regulatory pressures, notably from the SEC, or shifts in Bitcoin's direction, could trigger a downturn in XRP. In such scenarios, XRP may experience a pullback to $0.5277, potentially followed by a decline to $0.4983 if buyer support wanes. As Ripple's fate hangs in the balance, investors brace themselves for the impending storm, eagerly awaiting the catalyst that could propel XRP to new heights or plunge it into uncertainty. 🌩️💼 🚨Remember: 💥💥A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips 💸would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.🤗💖 #TrendingTopic #Write2Earn #RippleTrends #BTC $XRP

3 days ago
Crypto Alerts
Crypto Alerts
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#🚨 BREAKING NEWS! 🇮🇳 Indian Prime Minister Narendra Modi has just unveiled a groundbreaking announcement on #Crypto Regulation at the World Govt Summit in Dubai! 🔥 🌟 Key Highlights: - Modi's significant stance on crypto regulation. - Implications for the crypto community worldwide. - Insights into the regulatory landscape. 💡 What Does It Mean for You? - Dive into our thread for a comprehensive breakdown. - Understand the potential impact on individual crypto enthusiasts. - Stay informed and navigate the evolving crypto regulatory landscape. 🔗 Explore Further: - Follow crypto alerts for ongoing updates. - Track #narendramodi 's stance for deeper insights. - Connect the dots with the broader crypto ecosystem, including #Binance. 📝 Join the Conversation: - Share your thoughts on this groundbreaking announcement. - Engage with our community using #Write2Earn . 📰 Stay Tuned for Updates as the Story Unfolds! #Write2Earn #TrendingTopic #PIXEL

9 days ago
Crypto Breaking
Crypto Breaking
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Like many other crypto projects, the native token of the Polygon network, MATIC, was launched with some portion of the supply vested for the team over a period of time. In the case of Polygon, the vesting was for five years, and since 2019, there have been periodic token unlocks. However, the unlocks, which have often been a deterrent for investors, are now over, as the last batch was just released to the team. Polygon Last Unlock Goes To Team On Wednesday, February 21, the Polygon Foundation received the very last portion of their vested tokens from the vesting contract. In total, 273,304,816 million MATIC tokens valued at $260 million were released to the Foundation’s wallet. This unlock marks the very last unlock that the Foundation will receive, meaning that almost all of the available supply of MATIC is now in circulation. The latest unclog brings the circulating supply of the cryptocurrency to 9,618,318,574 out of its 10,000,000,000 maximum supply. As a result of this, the market cap of Polygon is sitting just above $9.14 billion with a fully diluted valuation (FDV) of approximately $5 billion. The entirety of the MATIC supply has been unlocked, which means that there will be no more tokens being brought into circulation. This is a huge milestone for the project, whose investors have waited years for the vested tokens to finally run out. Polygon trending below $1 | Source: MATICUSDT on Tradingview.com How Will This Affect The MATIC Price? The fact that the entirety of the MATIC supply is now in circulation is bullish for the digital asset, especially in the long term. Inflation is a factor that tends to drive investors away and keep them from holding their coins due to the fear of more tokens coming into circulation, causing supply to exceed demand. Now that the entirety of the supply is now in circulation, it gives the MATIC price a chance to enter into price discovery. However, there is still some concern about when the Polygon Foundation might start selling their coins as the entirety of the unlocked tokens still sit in the Foundation’s wallet. If they do decide to sell, though, it is likely that the foundation would do so through OTC (over-the-counter) deals to minimize the impact of such a sale on the token price. As a result, the MATIC price might not suffer much. At the time of writing, the MATIC token is trading at $0.95 with a 24-hour increase of 1.11%. Although its performance has been far from encouraging, the token is sitting only 67% below its 2021 all-time high of $2.92. Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk. Source: NewsBTC.com The post The Polygon Vesting Contract Is Officially Empty, Will This Send MATIC Price To $3? appeared first on Crypto Breaking News.

3 days ago
Crypto Expert BNB
Crypto Expert BNB
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📰 Breaking News: Binance Labs announced 3 projects it invested in 🚀🚩 Binance stock exchange has announced 3 projects that it has invested in within the scope of the incubation program. The investment arm of the stock exchange, Ethena Labs, has started to support early-stage projects called NFPrompt and Shogun. Binance Labs, the investment arm of the Binance exchange, has announced 3 projects within the scope of the incubation program, which include investments from infrastructure to decentralized finance, gaming to other areas of Web3. The invested startups were announced as Ethena Labs, NFPrompt, and Shogun. The areas of activity of the companies are as follows: Ethena Labs: Provides infrastructure services to the derivatives exchange area, which allows generating income through Ethereum independently of the banking system. NFPrompt: A platform that also includes NFTs, Caption, and 404 standard, and where users can create content with the support of artificial intelligence... There are also social communities here, and products created by artificial intelligence can also be sold for commercial purposes. Shogun: This is a protocol that aims to provide the maximum number (TEV) that a trader can achieve thanks to a set order flow. Binance is the 6th under the incubation program. He's starting his season. As it is known, the stock market prefers early-stage startups more in this type of investment. This program of Binance Labs started in September and covered a total of 12 projects. 🌱 #Write2Earn #PYTH #WLD #FIL #ETH

6 days ago
CryptoNewsLand
CryptoNewsLand
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ADA’s resilience at $0.60 signifies significant psychological and technical support, historically pivotal for buyers and sellers. The stability around $0.60 may precede a bullish leap to $0.66, driven by investor confidence and positive developments in the Cardano ecosystem. Failure to breach $0.66 could lead to consolidation or retracement, while a breach could propel ADA toward the $0.70 resistance level. Cardano’s (ADA) recent price movement has captured the attention of investors, with the cryptocurrency hovering around the critical $0.60 mark.  This level is not just a number; it represents a crucial juncture where both psychological and technical factors converge. Over time, $0.60 has proven to be a battleground where buyers and sellers contend fiercely, demonstrating its significance in the market dynamics of ADA. The current steadfastness of ADA around this threshold suggests a robust sentiment among investors, indicating a strong base of support for the cryptocurrency. This stability serves as a foundation for potential upward momentum, with the next target set at approximately $0.66. Achieving this milestone hinges on various factors, including increased investor confidence, positive developments within the Cardano ecosystem, and broader market trends favoring altcoins. However, the path to $0.66 is not without its challenges. While the support at $0.60 provides a safety net for ADA, it also contributes to a tightening price range between $0.60 and $0.66. This squeeze necessitates a significant influx of buying pressure to overcome the upper resistance. Failure to breach $0.66 could result in a period of consolidation or even a retracement for ADA. On the flip side, a decisive breach above $0.66 could pave the way for further gains, potentially towards the $0.70 region. Conversely, if ADA fails to maintain the $0.60 support level, it might face a bearish downturn, with potential fallbacks to lower support zones, such as $0.55 or $0.50. Read also: XRP’s Decisive Moment: Breaking $0.75 Barrier for Bullish Reversal Cardano’s Surging Rally: Will ADA Break the $0.5 Barrier? Cardano Holds Firm Amid Market Volatility: Key Insights XRP’s Resurgence: Top Analyst’s Insight Sparks Hope Can XRP Overcome the $1 Barrier and Target $15? A Close Look at Bent Fork B The post Cardano’s Crucial Battle: Will ADA Surge Past $0.60 Barrier? appeared first on Crypto News Land.

3 days ago
Crypto Ahmet
Crypto Ahmet
followers

😯🚀Ripple (XRP) tense wait: The price is too tight! Will the explosion come? There is a silence before the storm in Ripple ( #XRP ), which failed to give the expected performance after the breaking of the falling trend. #Ripple (XRP), which has been on a downward trend for some time, has not been able to make the expected move despite the arrival of the trend break. Despite the pricing of Bitcoin (BTC) above $ 50,000, major coin, which remains in the background compared to other altcoins, is thoroughly stuck. From a technical point of view, XRP, which is currently giving positive signals, seems to be able to blow up a storm if it also gets news support behind it. Any good news that may come about Ripple will trigger parity! XRP, which retested only a few days after the falling trend break, started its upward movement again. XRP, which draws a pretty good image in terms of technical structure, will want to target the upper levels with the effect of a positive news flow. In such a scenario, respectively 0,5468 – 0,5650 – 0,5797 – 0,6203 – 0,6421 – 0,6679 – 0,70 and it may make a move towards $0.7318. The most critical area to be considered in the short / medium term price structure will be the December of $ 0.6206 – 0.6303. Sales will come in XRP as regulators, especially the SEC, try to put pressure on Ripple, turn the direction of BTC down, or BTC dominance tends to increase. In such a scenario, a pullback to $0.5277 can be expected first. A decline to $ 0.4983 can be followed in a situation where buyers at this level fall short. #Write2Earn #binance #crypto2024

3 days ago
Crypto With Azam
Crypto With Azam
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A valid News For early investors. Some specilists shared this following information Please read carefully $JASMY soars 225% after breaking key resistance, signaling a significant win Regulatory shifts in Japan boost $JASMY , with venture capital fueling the nation’s crypto innovation, growth. Technical indicators suggest caution with $JASMY ’s RSI at 71.14, hinting at potential short-term pullback risks. JasmyCoin ( $JASMY ) exceeded market expectations with a 225% increase following a pivotal break in its resistance level, as highlighted by CryptoBusy, an analytic platform on X. This development comes on the heels of a forecast made on December 13, which accurately predicted the coin’s trajectory beyond a critical resistance point, signaling a lucrative opportunity for investors within the accumulation zone. At press time, JASMY was trading at $0.018544, with its trading volume reaching $1.6 billion over the past 24 hours, per CoinMarketCap. The market has witnessed a 59.58% uptick in value, underscoring a robust bullish momentum. Moreover, the technical indicators vividly show the current market dynamics. The 1-Day Relative Strength Index (RSI) 71.14 hints at a potentially overbought condition, suggesting investors tread cautiously for possible short-term pullbacks. Meanwhile, the Moving Average Convergence Divergence (MACD) echoes the strength of recent price gains, albeit with a cautious note on sustainability. However, the 1-Day Know Sure Thing (KST) reaffirms the strong short-term momentum, likely propelling the coin’s upward trajectory. #Jasmyusdt⚠️⚠️ #Write2Earn #TRENDING

3 days ago
Crypto Breaking
Crypto Breaking
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Bitcoin looks to be stuck in a consolidation zone between $50,000 and $52,000, with neither the bulls nor the bears succeeding in completely taking control of the trend. This performance has sparked a number of speculations on whether the BTC price has finally found a local top. One of those who have speculated on the price direction is crypto analyst Alan Santana, who has used the Elliot Wave Theory to predict where the price of the cryptocurrency might be headed next. Elliot Wave Points To Correction To $31,800 In the analysis shared by Alan Santana on TradingView, the Elliot Wave theory could point out the direction that the Bitcoin price could be headed next. The theory, which consists of five waves, has so far completed three waves, with the fourth wave expected to happen soon. Given that the third wave is very bullish and the price has risen so fast, the fourth wave is expected to be more bearish. As Santana explains, this fourth wave points toward an upcoming correction. They also reveal that their analysis included Elliot’s Law of Alternation, and applying it to this scenario, the fourth wave is bearish, but would not go as low as the second wave. Source: TradingView.com Once this fourth wave moves into action, the Bitcoin price is expected to see a sharp correction. At the low end of this correction, though, is the $31,800 level, the analyst believes. So, in this scenario, there will be a return to the $20,000s before Bitcoin resumes its next leg up. “This wave four of a higher degree cannot enter the territory of wave two, which puts the lowest price possible for the upcoming correction at $31,805 based on Elliot Wave Theory,” Santana said. He further added that: “Just as wave three would lead to a correction (wave four), wave four invariable leads to another impulse; the final and fifth wave of the higher degree.” Bitcoin Top At $138,000 Not only does the Elliot Wave theory points toward a possible bottom, it also gives an idea for where the Bitcoin top might lie in the fifth wave. The crypto analyst uses one of the two Wave Principle methods to forecast this price, which takes into account the peak of the third wave and then uses that to give the peak of the fifth wave. So far, the local top of this third wave looks to be $52,985, where Bitcoin peaked earlier this week. Since the Wave Principle says that the peak of Wave 5 would be three times higher than that of Wave 3, the analyst multiples $59,985 by 3, which gives a cycle top of $138,714. As for when this peak will roll around, Santana explains that the whole thing could play out by 2025, which is when the peak would take place. “So the potential for the final impulse or fifth wave based on the Elliot Wave Theory system, amounts to $138,714. This can happen sometime in 2025,” the analyst stated. BTC price at $51,700 | Source: BTCUSD on Tradingview.com Featured image from Investopedia, chart from Tradingview.com Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk. Source: NewsBTC.com The post Elliot Wave Theory Predicts Bitcoin Bottom And Top, Here Are The Targets appeared first on Crypto Breaking News.

3 days ago
Crypto Breaking
Crypto Breaking
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Ripple has always been subjected to claims of manipulating the price of XRP and its natural growth by selling coins. As the cryptocurrency’s largest holder, Ripple has faced constant criticism about the amount of XRP it holds, with detractors arguing it gives them too much control and influence over the price.  Particularly, there’s been some drama swirling around the altcoin lately and claims that Ripple has been manipulating the market and systematically dumping its large holdings. This has come in light of a large transfer of 60 million XRP tokens from Ripple to an unknown wallet address.  Ripple Accused Of Dumping XRP And Manipulating Market Whale transaction tracker Whale Alerts recently posted on social media a transfer of 60 million XRP worth $34 million from a Ripple-controlled wallet address into a private address. A further look shows that the private recipient wallet currently holds over 138 million XRP worth $75.5 million, with this same address receiving 80 million XRP from Ripple on February 11. 60,000,000 #XRP (34,088,291 USD) transferred from #Ripple to unknown wallethttps://t.co/zfHG8o0Bbo — Whale Alert (@whale_alert) February 20, 2024 At the time of writing, Ripple controls about 6% of the current circulating supply. Therefore, it is only natural that large transactions like this from Ripple would generate waves in the market and lead to speculations. Consequently, the large transfers have reignited claims of Ripple selling its holdings amidst ongoing consolidation in the price of XRP. In addition, debates regarding XRP’s programmatic sales have resurfaced, as history shows this isn’t new to Ripple. According to details shared by a social media user, Jim_Knox, Ripple allegedly delivered XRP to three market makers in 2017 for the purpose of market sales, which resulted in a price suppression of the cryptocurrency during that particular period. Furthermore, recent accusations have taken root of Ripple using what it called the 4t and 6t bots to execute programmatic sales to exchanges.   Ripple CTO Addresses Concerns Ripple CTO David Schwartz took to a social media thread to address the rumors of price manipulation. An XRP community member had shared a meme suggesting that Ripple’s 4t and 6t bots have always prevented the price of XRP from increasing, keeping it at the $0.50 level.  However, Schwartz pointed out that Ripple has discontinued the programmatic sales of XRP, with the company only selling its holdings through ODL transactions. The ODL transaction method is Ripple’s unique payment solution that offers instantaneous cross-border transactions. On the other hand, concerns regarding the recent large transactions from Ripple to unknown wallets are yet to be addressed, and it all remains speculative at this point. XRP is trading at $0.5463 at the time of writing, down by 0.50% in the past 24 hours but still maintaining a meager 2% gain in a 30-day timeframe. Recent transaction alerts from Whale Alerts have shown large amounts of XRP leaving private wallets to crypto exchanges, hinting at potential selloffs.   Token price stalls at $0.54 | Source: XRPUSD on Tradingview.com Featured image from U.Today, chart from Tradingview.com Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk. Source: NewsBTC.com The post Is Ripple Dumping Millions Of XRP? CTO Addresses Reasons Behind $34 Million Transaction appeared first on Crypto Breaking News.

3 days ago
Crypto Daily™
Crypto Daily™
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In the recent crypto market development, Glassnode, a renowned on-chain analytics firm, brought attention to its "Altseason Indicator", a tool designed to discern if a so-called "altcoin season" is in full swing.  Altseason Indicator gauges investor sentiment towards risk, focusing on capital netflows among major asset classes like Bitcoin, Ethereum, and stablecoins, as well as the altcoin market cap's momentum relative to its 30-day Simple Moving Average (SMA). After a period of dormancy, the Altseason Indicator, which first signaled a risk-on mode last October, reignited interest by suggesting the return of the altcoin season. Amid this shifting landscape, Chainlink (LINK) and Litecoin (LTC), both renowned altcoins, showed remarkable resilience and growth. Despite a challenging week that saw them close in the red, these digital assets bounced back impressively. LTC saw a 7% increase, but it's LINK that stole the spotlight with a staggering 34% surge. This upward trajectory in a market that's just warming up to the idea of an altcoin season again adds a layer of intrigue and potential. Meanwhile, the crypto community is closely watching ScapesMania (MANIA), a project that has recently concluded its presale stage. With its Token Generation Event (TGE) and coming DEX listing on the horizon, MANIA is poised to expand its reach to a broader spectrum of crypto investors in the market that's seemingly ripe for altcoin advancements. Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, the conditions are better than the market average, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters while also ensuring a high level of community engagement. Through DAO governance, backers will be able to influence and benefit from a growing industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the multi-billion casual gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. A solid token management plan will further increase longer-term growth potential.  The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the PancakeSwap listing is on the horizon, with CEX listings still in the works. ScapesMania is also notable for a great cliff vesting structure to prevent token dumping, making sure that supply and demand are well-matched for potential growth. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. >>> TGE ALERT – Keep Up With Latest News <<< Chainlink (LINK): Inside the Whale-Influenced Surge Chainlink (LINK), a prominent player in the blockchain oracle space, has been exhibiting intriguing market behavior recently. A key point of interest is the substantial 175% surge in large transaction volume, reaching an impressive total of $338.96 million. This spike is a clear indicator of heightened whale activity, as evidenced by the jump from 6.17 million LINK in large transactions on February 19 to a staggering 17.65 million LINK the following day. Adding to the intrigue, the last 24 hours have seen mysterious movements of millions of Chainlink (LINK) tokens by these large-scale investors. Whale Alert, a service tracking large crypto transactions, reported notable movements, including a transfer of 4,314,062 LINK worth $79,065,694 to an unknown wallet and 2,402,942 LINK, valued at $46,491,692, moving from BlockFi to another anonymous wallet. Chainlink (LINK) Technical Analysis From a technical perspective, Chainlink (LINK) is currently trading between its first support level at $17.97 and its first resistance level at $19.26. This positioning is critical as it hovers near the Exponential Moving Averages (EMA) of 10, 50, and 200 days, all converging around $18.6 to $18.72, suggesting a consolidation phase. Source: TradingView The Relative Strength Index (RSI) stands at 32.14, pointing towards a potential undervaluation and possibly a buying opportunity. However, the Stochastic %K at 0 and the Commodity Channel Index (CCI) at -166.05 both indicate a short-term bearish sentiment. The Average Directional Index (ADX) at a low 20.32, combined with a nearly neutral MACD Level at -0.018 and a Momentum of -0.05, suggests a lack of strong directional trend in the immediate term. Chainlink (LINK) Price Prediction Considering these technical indicators, the bullish scenario for LINK would entail a break above $19.26, potentially catalyzed by continued whale activity and positive market sentiment. This move could target the next resistance levels at $19.92 and potentially extend towards $21.21. On the flip side, the bearish scenario would involve Chainlink (LINK) breaking below $17.97, influenced by negative market reactions or reduced whale activity. Such a move could see LINK testing further supports at $17.34 and then possibly at the significant level of $16.05. Litecoin (LTC): A Path of Resilience Litecoin (LTC), a pioneering altcoin known as the “silver to Bitcoin’s gold”, maintained its presence in the crypto space since its inception in 2011. Despite its legacy and the introduction of innovative features like MimbleWimble in 2022, LTC's market response has been relatively subdued. Recent times have seen a lackluster performance in Litecoin's (LTC) price action, leading to frustration among its holders. Litecoin Foundation managing director Alan Austin acknowledged this santiment, but emphasized their commitment to sound money principles over artificial market manipulation tactics. Despite Austin's call for collective efforts to boost Litecoin's (LTC) adoption and value, on-chain metrics present a mixed bag. While the number of transactions and network hash rate have hit all-time highs, there's been a noticeable decline in transfer volume and active addresses. This situation is further complicated by the historical context of Litecoin's founder, Charlie Lee, selling all his LTC at the peak of 2017's market, a move that some believe still impacts Litecoin’s (LTC) market relevance. Litecoin (LTC) Technical Analysis Technically, LTC is navigating a narrow range between its first support level at $68.12 and first resistance level at $73.78. Source: TradingView The 10-day EMA at $68.95, 50-day EMA at $69.77, and 200-day EMA at $69.53 are closely clustered around its current price, suggesting a lack of strong directional momentum. The RSI at 45.5, Stochastic %K at 43.09, and the CCI at -28.37 reinforce this narrative of indecision in the market. However, the ADX at 30.22 indicates a developing trend strength, albeit not very pronounced. The MACD at -0.45 and a negative Momentum value of -0.67 add to the complexity, implying that market sentiment is not decidedly bullish or bearish, but rather waiting for a more definitive signal. Litecoin (LTC) Price Prediction In a bullish scenario, if Litecoin (LTC) adoption increases and the community reacts positively to its steadfast adherence to the foundational principles, LTC can break above $73.78. A more notable shift in market sentiment can potentially lead to an upward trend toward the next resistance levels at $76.14 and $81.5. On the flipside, a break below $68.12 could see Litecoin (LTC) testing further supports at $65.42 and $60.06, possibly due to the ongoing concerns about its market relevance and the broader impact of market trends. Closing Words Chainlink (LINK) and Litecoin (LTC) have recently showcased their resilience in the unpredictable crypto market. LINK, with its staggering 34% surge, and LTC, experiencing a steady 7% rise, are navigating through a complex market environment highlighted by the Altseason Indicator's recent activity. Both Chainlink (LINK) and Litecoin (LTC) are positioned between key technical levels, reflecting a blend of investor uncertainty and potential for significant moves. As these altcoins respond to market dynamics and underlying technical indicators, investors and traders alike are keenly observing for signs of directional momentum in a market ripe with both opportunities and challenges. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

3 days ago
Crypto Daily™
Crypto Daily™
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Major crypto tokens are trading in the red in today's trade, primarily influenced by diminishing expectations of early interest rate cuts from the Federal Reserve. Investors eye the coming minutes from the US central bank's last meeting which, many believe, will provide critical insights into future policy directions. Amidst this cautious backdrop, Bitcoin recently experienced a rollercoaster ride, surging to a new yearly high of $53,000, only to retrace back to $50,750. This fluctuation was attributed to a combination of peaking open interest and unfavorable funding rates for bullish positions. Although it rebounded to $51,000, it's Ethereum's resilience that caught the market's eye, with its price surpassing the $3,000 mark and holding steady, fueled by the anticipation of a spot ETF approval in the US and progress in its network upgrade. In this complex tapestry of market movements, DeFi blockchains Sei (SEI) and Sui (SUI) have not been immune to the market's vicissitudes, with both tokens experiencing a plunge of over 5% in today's trading session. However, in the midst of these broader market fluctuations, there's a growing buzz around ScapesMania (MANIA), a project that has recently concluded its presale stage. As the crypto community eagerly awaits its impending Token Generation Event (TGE) and anticipated DEX listing, there's a palpable sense of expectation that MANIA might open new avenues for a wider array of crypto investors. Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, the conditions are better than the market average, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters while also ensuring a high level of community engagement. Through DAO governance, backers will be able to influence and benefit from a growing industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the multi-billion casual gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. A solid token management plan will further increase longer-term growth potential.  The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the PancakeSwap listing is on the horizon, with CEX listings still in the works. ScapesMania is also notable for a great cliff vesting structure to prevent token dumping, making sure that supply and demand are well-matched for potential growth. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. >>> TGE ALERT – Keep Up With Latest News <<< Sei (SEI) Price Analysis In a striking 24-hour period, Sei's (SEI) value witnessed a notable decline, dropping from $0.96 on February 20 to $0.87 amid the trend index's increased volatility and a downturn in trading volumes. The community is now closely monitoring the coming Sei v2 upgrade, slated for release in Q1 2024, which promises to enhance the Sei's (SEI) capabilities by allowing developers to integrate Ethereum protocols. So the anticipated upgrade is a focal point of interest and can determine SEI's future trajectory. Sei (SEI) Technical Outlook Currently, Sei (SEI) is trading between its first support level at $0.7347 and its first resistance level at $1.1132. Source: TradingView The Exponential Moving Averages (EMA) paint a moderately positive picture, with the 10-day EMA at $0.907 and the 50-day EMA at $0.8837 hovering just above the 200-day EMA at $0.7466. However, the Relative Strength Index (RSI) at 40.95, Stochastic %K at 20.03, and the Commodity Channel Index (CCI) at -164.59 signal a bearish sentiment, indicating potential overselling. The Average Directional Index (ADX) at 23.43 suggests a lack of strong trend, while the negative MACD level and declining Momentum reinforce a cautious outlook. Sei (SEI) Price Prediction Looking at possible scenarios, a bullish perspective might hinge on the SEI breaking above $1.1132. If this happens, it could signal a shift in investor sentiment and a potential run towards the $1.2645 resistance, or even the $1.643 barrier in a more optimistic case. On the flip side, the bearish scenario, as predicted by some analysts, could see Sei (SEI) breaking below $0.7347, possibly due to ongoing market pressures and the current negative sentiment. If this bearish trend persists, SEI might find itself testing lower supports at $0.5057 and potentially the critical $0.129 level. Sui (SUI) Price Analysis With an impressive 62% spike, Sui (SUI) outpaced established competitors like Cardano, NEAR Protocol and Aptos in terms of total value locked (TVL), now exceeding $584 million across various protocols. This remarkable growth was partly attributed to a substantial $310 million bridge from Ethereum to Sui (SUI) in the last 30 days, as reported by wormholescan.io, representing more than a doubling of its position since the start of the year, when the TVL was approximately $211 million. Despite initial challenges, including a 68% decline in SUI and accusations of token supply manipulation, Sui (SUI) made a significant comeback after adopting inscriptions, a method for recording data on the blockchain that gained prominence during Bitcoin's NFT era, leading to a surge in blockchain activity. Sui (SUI) Technical Outlook Technically, SUI is trading between its first support level at $1.6683 and its first resistance level at $1.9523. Source: TradingView The 10-day EMA at $1.6991 and 50-day EMA at $1.7484 are currently above the 200-day EMA at $1.5414, suggesting a potential bullish trend in the shorter term. However, the RSI at 35.38 indicates that Sui (SUI) might be approaching oversold territory. The Stochastic %K is at a low 24.1 and the CCI at -145.31 also point to potential overselling. The ADX at 23.33 suggests a lack of strong trend, while the negative MACD and Momentum could be indicative of a bearish momentum building up. Sui (SUI) Price Forecast For the bullish scenario, if SUI maintains its current momentum and innovation, particularly in embracing technologies like inscriptions, it could break past $1.9523, aiming for the more distant resistances at $2.1046 and $2.3886. This optimism is backed by the recent surge in TVL and the innovative approach of its team, comprising former Meta employees. On the bearish side, if the market sentiment turns negative or if Sui (SUI) fails to sustain its innovative edge, it could see a retraction towards $1.6683 or even lower towards the next supports at $1.5366 and $1.2526. The recent slip in SUI's value left many wondering if Sui (SUI) can withstand bearish pressure amid the negative trends and past hiccups that initially rocked its stability. Closing Thoughts In the midst of a fluctuating crypto market, where major tokens are experiencing downturns influenced by Federal Reserve policies, DeFi blockchains Sei (SEI) and Sui (SUI) are navigating through their own unique challenges and opportunities. SEI, on the cusp of a significant upgrade, faces a crucial period that could redefine its market position, while SUI, having recently surged in total value locked, confronts the test of maintaining its momentum amidst market uncertainties. Both platforms, emerging from their respective lows, are now at pivotal junctures, with their technical indicators suggesting potential paths but also hinting at the need for cautious optimism. As investors and traders closely watch these developments, the future of Sei (SEI) and Sui (SUI) hangs in a delicate balance, promising potential rewards for those who can adeptly ride the waves of these emerging DeFi contenders. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

3 days ago
Coinpedia
Coinpedia
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The post Bitcoin ETF Approved: Exploring the Next Big Catalyst For Crypto Bull Run 2024 appeared first on Coinpedia Fintech News Bitcoin kicks off the new year with a bang, soaring to a new high of $46,000. But here’s the real kicker – 2024 is not just any year; it’s a year of monumental events that have the entire market buzzing with anticipation.  While many analysts are throwing around bold predictions, some even predicted that the price of Bitcoin will reach $150,000 by the end of 2024. But why the hype? What’s driving these bullish forecasts? That’s exactly what we’re here to uncover.  In today’s article, we’ll dive into the major events lined up for 2024, the catalysts that could send the market into a frenzy. Bitcoin ETF Now, let’s talk about one of the bullish events of 2024, which is the Bitcoin Spot ETF. After a decade of anticipation, the SEC’s groundbreaking approval of 11 Bitcoin ETFs on January 10, 2024, marked a pivotal moment in cryptocurrency regulation.  Bloomberg’s bold forecast predicted an astounding $4 billion in trading volume on the first day, with $2 billion potentially flowing from BlackRock’s ETF. This opens a gateway for Bitcoin into the $45 trillion US stock market.  Before the approval, high-stakes gamblers flocked to Polymarket, wagering a staggering $12.6 million on the ETF’s fate. Those who bet “yes” are now celebrating their lucrative triumph. For a detailed understanding of Bitcoin ETFs, check out our informative video linked in the description. Bitcoin Halving Event So the next super bullish of 2024 is Bitcoin Halving, which comes every 4 years. After this event, it has been seen that Bitcoin broke its previous all-time high and created its new all-time high.  So if we go to history and see the price here, in the halving of 2012, Bitcoin was around $12. And after that halving, it was trading above $1000. Means straight 90X.  As the next halving approached in 2016, Bitcoin was worth $670. After the halving, it jumped to $19,700. Look at this: from 2012 to 2016, during the halving, Bitcoin went up from $1000 to $19,700. That’s a big jump! That is around 19.7X.  In 2020, during the last Bitcoin halving, the price was around $8787. After the halving event, it soared to an impressive $69,000. That’s a substantial increase, isn’t it? Now, if we look back from 2016 to 2020, specifically during the halving periods, the price climbed from $19,000 to approximately $69,000. That is around 3.6X.  Following this pattern, we can expect what will happen after the 2024 halving, we might see the Bitcoin value going up at least 3X. This means BTC can go from $140,000 to $150,000. If Bitcoin follows its past trends, it could reach at least $150,000 in 2024 after the halving, breaking its previous all-time high. But this year, in 2024, only Bitcoin halving is a minor event. In fact, going to happen, which are very major. And these events have been waiting in the market for a very long time. US Presidential Election Now the third and most important event for the crypto industry is the US presidential election, which is set to take place on 5 Nov 2024 and has direct effects on the market. The reason is that Joe Biden, Donald Trump, and KF Kennedy all these presidential candidates are pro-Bitcoin supporters. So here, if any of them wins the election, we can see a positive impact on the price of Bitcoin.  To learn more about it, we’ve made a detailed video covering the upcoming 2024 US presidential election and the possible candidates. Fed Rate Cut Now, the fourth and most important reason here is the inflation rate cut down. So if you remember, in the last bull run in 2021, whenever the market pumped here, one of the biggest reasons was the inflation rate hype.  So after every FOMC meeting, the interest rates used to increase here. The direct impact of this is seen on the money market, whether it is the stock market or Bitcoin. So this year, there are chances that the inflation rate will be cut down here and because of this, we can see a positive impact on Bitcoin.  Conclusion  Well, these are some major events that are going to happen in 2024, which can take the price of BTC to more than 150K, 200K, or more.  What do you think? How much can Bitcoin reach? 

3 days ago
Crypto Breaking
Crypto Breaking
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As the Ethereum ecosystem braces for the much-anticipated Dencun upgrade, renowned crypto analyst Miles Deutscher provides an in-depth look at the altcoins poised for significant growth. Scheduled for March 13, the Dencun upgrade is a critical hard fork aimed at enhancing Ethereum’s scalability, security, and usability. Deutscher’s insights reveal how specific Layer 2 (L2) solutions are uniquely positioned to benefit from the upgrade’s introduction of Proto-Danksharding and other key enhancements. Deutscher explains, “The Dencun upgrade, especially with EIP-4844, represents a paradigm shift in how Ethereum will handle transactions. By drastically lowering gas fees and increasing throughput, we’re looking at a more accessible, efficient blockchain.” This upgrade is part of Ethereum’s broader roadmap, known as “The Surge,” focusing on scalability improvements. Top-6 Altcoins To Watch Prior To Dencun #1 Polygon (MATIC/POL): With its impending rebrand and investment in zk-technology, Polygon is at a pivotal juncture. Deutscher notes, “Polygon’s deep dive into zk-rollups could redefine its position in the L2 landscape, making MATIC an attractive asset for forward-looking investors.” #2 Arbitrum (ARB): As the leading L2 by TVL and transaction volume, Arbitrum’s robustness is undisputed. “Arbitrum has cemented its position as a powerhouse in the L2 space, and the Dencun upgrade will only amplify its strengths,” Deutscher remarks. #3 Optimism (OP): Positioned as a strong contender in the L2 space, Optimism’s ecosystem is set to expand. “The announcement of Optimism’s fourth airdrop is not just a reward for its community but a strategic move to bolster its ecosystem’s vibrancy,” says Deutscher. #4 COTI Network (COTI): With the launch of V2 and its innovative ‘Garbled Circuits,’ COTI introduces a groundbreaking privacy solution. Deutscher observes, “COTI’s approach to privacy on the blockchain through ‘Garbled Circuits’ is a game-changer, potentially setting a new standard for private transactions.” #5 Mantle (MNT): Highlighting Mantle’s rapid growth, Deutscher points out, “With $1.5 billion in ETH now staked as mETH, Mantle is not just growing; it’s thriving, supported by strategic airdrops that reward its community.” #6 Metis (METIS): Identified as a potentially undervalued project, Metis’s upcoming initiatives are a beacon for investors. “Metis’s decentralized sequencer and the substantial METIS Ecosystem Fund are laying the groundwork for a robust, decentralized future, making it an intriguing prospect post-Dencun,” Deutscher explains. Broader Implications For Ethereum Deutscher also casts a spotlight on Manta Network, Starknet, zkSync, and Linea as projects to watch, emphasizing the widespread impact of the Dencun upgrade. He advises, “The ETH/L2 trade is increasingly compelling as we approach the Dencun upgrade. Shifting a significant portion of one’s portfolio into the Ethereum ecosystem seems prudent, given the transformative potential of the upcoming changes.” At press time, ETH still traded just below the $3,000 mark. ETH price, 1-week chart | Source: ETHUSD on TradingView.com Featured image from Shutterstock chart from TradingView.com Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk. Source: NewsBTC.com The post Top 6 Altcoins That Will Benefit From Ethereum’s Dencun Upgrade: Crypto Analyst appeared first on Crypto Breaking News.

3 days ago
TokenMaestro
TokenMaestro
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💥 Breaking News: $BTC Surges Past Key Levels! 🚀 As forecasted in my previous update, Bitcoin (BTC) has smashed through the crucial 51-53K thresholds, triggering a cascade of liquidations for late shorts. But before its upward surge, BTC executed a strategic dip to scoop up liquidity around 49K, effectively resetting both bullish and bearish positions. 📈💰 With no immediate resistance in sight, BTC is now poised to retest its all-time high of $69K. But let's delve deeper into the higher timeframe fundamentals that will continue to propel BTC's price trajectory. First up, ETF inflows into Bitcoin have surged significantly over the past week, signaling renewed investor interest. If this trend of net new money pouring into BTC persists, we could easily see BTC hitting $69K before the next halving event. 📈💼 Adding to the bullish sentiment are traditional markets, where major stock indices are relentlessly pushing to new all-time highs. This bullish momentum in traditional markets typically spills over into the crypto space, exerting upward pressure on BTC's price. 📈📈 For those looking to enter the market, consider targeting ETH and beta-plays like LDO/OP/ARB/PENDLE on any .382 fib pullbacks. Ethereum (ETH) remains undervalued in my opinion, and I believe it should be trading at least above $3000 given its robust fundamentals. 💡💰 #BTC #CryptoBoom #Write2Earn #TrendingTopic #Ethereum $ETH $SOL

10 days ago

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