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Todayq News
Todayq News
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Dogecoin (DOGE), the biggest meme crypto, is leading with gains when most digital tokens are trading down. Data suggests that the cumulative crypto market cap dropped by around 1.5% over the past day to stand at $1.42 trillion. This sudden drop in the market seems to be a minor correction after Bitcoin’s rally to regain the $38k price level. Dogecoin price jumped by 2% Dogecoin price jumped by more than 2% in the last 24 hours. DOGE is trading at an average price of $0.082, at the press time. Its 24 hour trading volume is marginally up by 1.2% to stand at $637 million.  DOGE price surge helped the meme crypto market cap to surge by around 0.36%. It now stands at $18.7 billion. The trading volume registered a surge of more than 6% in the last 24 hours to stand at $1.3 billion. As per the Coinglass data, more than 36k traders got liquidated in the last 24 hours. The cumulative liquidations recorded by the tracker come in at $62.15 million. While the single largest liquidation order took place on the crypto exchange OKX of $608K. As we dig in, data depicts that around $1.46 million of long and short positions set on Dogecoin price got liquidated in the last 24 hours. However, $952k worth of short positions (66%) set on DOGE price got liquidated. This suggests that traders were hoping for Dogecoin price to decline, while, it managed to surge against market sentiments. Bitcoin drops Bitcoin, the biggest crypto asset price dropped marginally on Thursday after recording a major rally to regain the crucial $38k price level. However, BTC is trading at an average price of $37,713, at the press time.  However, Bitcoin’s recent price surge was backed by Federal Reserve Governor Chris Waller’s statement on the recent data indicating an economic slowdown and ongoing moderation in inflation. This suggested that U.S. Federal Reserve policy is in an appropriate position. The post Dogecoin leads amid market correction, pumps meme crypto cap appeared first on Todayq News.

about 2 hours ago
BitEagle_News
BitEagle_News
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Guidance for Aspiring Crypto Traders: Tips for Success If you're entering the world of crypto trading and aiming to become a proficient trader, here are a few essential tips to keep in mind: 1. Stay Flexible: - Always maintain an open mind and avoid being rigid in your opinions. Flexibility is key for successful trading. 2. Follow a Simple Rule: - Abide by a straightforward principle: short resistance and long support. This can serve as a fundamental strategy to guide your trading decisions. 3. Avoid FOMO: - Resist the urge to succumb to FOMO (Fear of Missing Out). Emotional decision-making can lead to hasty and unwise choices. 4. Implement Stop Loss: - Prioritize risk management by consistently using a stop loss. This precautionary measure can help protect your investments. Embark on your crypto trading journey with these tips in mind, and let's work together to achieve financial success! 👊 Follow us 🤝 #etf #BTC

about 17 hours ago
Coinspeaker
Coinspeaker
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Coinspeaker Crypto Bull Novogratz: Why Fed Policy Will Push Bitcoin and Gold to New Highs after Spot BTC ETF Approval According to Michael Novogratz, founder of digital asset management company Galaxy Digital, things may soon change for other stores of value like gold and Bitcoin (BTC) as the United States Federal Reserve changes course. In a Bloomberg interview, Novogratz shared optimism for these assets based on expectations that the Fed will become less aggressive with its policies. Since it looks like the Fed is shifting from tough tightening policies, Novogratz believes the US central bank will spark an increased willingness among investors to take on more risks across various markets. Also, the US dollar has already shown declines as traders anticipate future Fed rate cuts in prices. Economically, Novogratz sees meaningful slowing in the US early next year, clearing the way for Fed rate cuts by mid-2024. Recent dollar weakness could show a long-term change as well. Despite the shifting situation, Novogratz stays strongly positive on Bitcoin (BTC), especially if Wall Street giants like BlackRock or Fidelity join the physically backed ETF train. For Bitcoin, Novogratz notes some possible supports, including physically-backed ETF approvals, less selling activity from long-term holders, and reduced creation of new coins which will be introduced by the upcoming halving event next year. Under this situation, he believes Bitcoin could go beyond its old all-time highs next year. Novogratz is not the only expert who expects Bitcoin prices to skyrocket soon. One of the popular reasons is that the long-term holder is not selling off their positions for the belief that the crypto will soon experience a bull run and the expectation of more bullish price potential, especially because the coin has not reached its full potential. His belief that the approval of the physically back ETFs will also drive the price up is agreed upon by many analysts, especially because the acceptance is expected to drive hundreds of billions of dollars into the BTC market, seeing that major financial giants like Black Rock and Fidelity are also involved. How Other Currencies Could Fare, According to Michael Novogratz Novogratz’s negative forecast for the US dollar is also based on weaker US growth and interest rate direction. However, he sees Euro, Australian dollar, and Brazilian real doing well if the dollar remains weak. The expert also sees upside potential for gold if prices stay above $2,000 for some weeks. Additionally, silver could surge even higher as shortages stoke demand. However, Novogratz maintains a gloomy outlook for China’s yuan, given disappointing economic data. Commenting on the crypto sector overall, Novogratz said most fraudulent projects were removed during the 2022 decline as markets and regulators effectively eliminated bad actors. They are also ensuring existing projects are fully compliant with regulations and any wrongdoing is punished, as evident in the recent Binance and its CEO’s cases. The way regulators and relevant government agencies have handled cases of fraud within the industry has also been highly commendable. next Crypto Bull Novogratz: Why Fed Policy Will Push Bitcoin and Gold to New Highs after Spot BTC ETF Approval

about 3 hours ago
Mbeyaconscious
Mbeyaconscious
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The cryptocurrency world is full of possibilities, but it's also full of risks. Binance, a popular crypto exchange, lets you buy, sell, and trade digital assets. But navigating the crypto market can be tricky, especially if you're new to it. To help you avoid common mistakes and make the most of your Binance experience, here are 10 things to keep in mind:1. Do your research: Before you start trading, learn about blockchain technology, different cryptocurrencies, and how the market works. Understand the risks and make informed decisions.2. Don't let fear or greed control you: Don't make impulsive decisions based on hype or speculation. Stick to your trading plan and don't chase quick profits.3. Trade wisely: Don't trade too often. Wait for good opportunities and don't chase every price change.4. Manage your risks: Use tools like stop-loss orders to limit potential losses. Set realistic profit targets and don't overextend yourself.5. Spread your investments: Don't put all your eggs in one basket. Invest in different cryptocurrencies to reduce your risk.6. Keep your crypto safe: Use strong passwords, enable two-factor authentication (2FA), and store your crypto in secure wallets. Watch out for scams and other online threats.7. Don't trade based on emotions: Stay calm and make decisions based on logic, not fear or greed.8. Think for yourself: Don't just follow the crowd. Do your own research and make your own decisions based on your goals and risk tolerance.9. Know when to sell: Don't get too attached to your investments. Sometimes, it's better to cut your losses and move on.10. Stay informed: Pay attention to market trends and news that could impact your crypto investments. Make adjustments as needed.Why Follow Binance Square and Tip Me for SupportBinance Square is a great place to learn about cryptocurrency. Follow me on Binance Square to get:* Latest crypto news and updates* Insights and analysis from experienced traders* Educational resources to improve your trading skills* A community of crypto enthusiasts to share ideas withTipping me through Binance's tipping feature will help me keep creating helpful content, sharing my insights, and contributing to the Binance community. Your generosity will fuel my motivation to help others succeed in the world of cryptocurrency.Join me on Binance Square and let's make smart, safe crypto trades together!

about 4 hours ago
CryptoNewsLand
CryptoNewsLand
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XRP chart suggests a rare pattern hinting at potential price surges. The anticipated scenarios point to XRP price reaching $10 or soaring to $50. Some consider $27 stability amid speculative market dynamics. In the dynamic world of crypto, analysts are turning their attention to XRP’s historical candlestick formations, predicting a potential price surge. Notably, the upcoming 17 hours could mark the completion of a rare sequence—three consecutive monthly Green Candles. #XRP's 3 Candle Formation: $10 or Soar to $50? Exploring candle formations offers profound insights into how prices move. #XRP's historical data highlights a fascinating trend: just twice has there been a sequence of 3 consecutive monthly Green Candles. Get ready—within the… pic.twitter.com/TcKVbR2pWo — EGRAG CRYPTO (@egragcrypto) November 30, 2023 With historical data as a guide, the analysis points to two possible scenarios emerging. In detail, the first talks about a 5 month consolidation. In this scenario, past instances show a 1500% surge after a 5-month consolidation. This suggests a potential climb to $10 by April 1, 2024, from the current XRP price. Similarly, the second scenario talks about a 12 month consolidation. Here, the 12-month consolidation preceded an 8000% spike, pointing to a remarkable possibility of XRP skyrocketing to $50 by November 1, 2024. Therefore, XRP enthusiasts, often referred to as the XRP Army, are encouraged to stay steady as the average of these scenarios lands at $30. The anticipation is palpable, more so one response talks about how $27 will likely become the stable price for future rebounds. Considering the highest candle close at $2.8, a 10x leap places XRP at $28. However, the speculative nature of the market introduces risks, with an 80-85% decline possible if utility fails to initiate. On the flip side, if utility gains traction, these prices could become a distant memory. Reflecting on investment strategies, the post prompts readers to consider the stability of $27 as a potential rebound point. The analogy of purchasing Tesla or Amazon at $5 is presented, urging investors to envision the possibilities if utility takes hold in the XRP market.  Disclaimer: The message of making a profit in this article simply reflects the view of one analyst and does not guarantee a profit. Traders are advised to always do their own research before committing to making any financial trades. This article reflects the interpretation of the writer based on the source material of the story and does not reflect the views of CryptoNewsLand. Read Also Bitcoin Price Analysis: What’s Next for BTC in the Next 14 Days? The $10,000+ XRP Scenario: More Than Just a Dream? ETH Shows Mixed Signals During Consolidation XRP’s Potential Soars: Analyst Envisions Nearly $250 Scenario Why Solana and Chainlink’s Trading Patterns are Turning Heads in the Crypto World The post XRP’s Candlestick Analysis: Potential $10 or Soaring to $50 in the Charts appeared first on Crypto News Land.

about 4 hours ago
X mucaN
X mucaN
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Pumped and excited to start trading , most newbie traders when starting their crypto journey encounter a lot of losses. Due to the happiness and desire to make quick profits, newbies easily make the following mistakes , that usually leads to lose of assets.90% of them are likely to engage in scam projects and also interact with websites that would steal their assets. Entering the world of cryptocurrency can be exciting, but it's important to be aware of potential risks and scams that newbies might face. Let's explore some ways newcomers can encounter losses or get caught up in scams in the crypto realm. FOMO stands for "Fear of Missing Out." It's a term used to describe the feeling of anxiety or apprehension that someone might miss out on a rewarding opportunity or an exciting event. FOMO often arises when people see others making significant gains or profits from a particular investment, causing them to feel pressured to join in quickly to avoid missing out on potential profits. This fear can lead individuals to make impulsive or rushed investment decisions without conducting proper research or analysis. As a result, they might invest in assets solely based on the fear of missing out on quick gains, disregarding the risks and potential downsides.They may feel compelled to buy into the asset at a higher price, fearing that if they don't act immediately, they will miss the chance for substantial profits.In summary, FOMO in the context of cryptocurrency investing is the fear of missing out on a lucrative investment opportunity, often leading individuals to make rushed or impulsive decisions based on the fear of not being part of a potentially profitable trend.🔥1. Lack of Knowledge:Newcomers might dive into cryptocurrency without understanding how it works. They could fall for misleading information or invest in projects they don't fully grasp. It's crucial to learn the basics and research before investing to avoid potential losses.🔥2. Pump-and-Dump Schemes:Some scammers try to inflate the price of a cryptocurrency by spreading false information, creating hype, and then selling their coins once the price rises. Newbies might get caught up in these schemes, buying at high prices and experiencing losses when the value drops suddenly.🔥3. Phishing and Fake Websites:Scammers create fake websites or emails that look like legitimate cryptocurrency platforms. Newcomers might unknowingly share their private keys or login details, leading to hackers stealing their funds. It's essential to double-check website URLs and avoid sharing sensitive information.🔥4. Ponzi Schemes:Scammers might promise high returns or guaranteed profits through investment schemes. Newcomers could be lured into these schemes, investing their money only to find out it was a scam, leading to financial losses.🔥5. Unregulated Exchanges and Tokens:Using unregulated exchanges or investing in new, unknown tokens can be risky. Some exchanges might not have proper security measures, and new tokens could be fraudulent or lack value, causing losses for newcomers.Staying Safe in the Crypto Jungle:To avoid falling victim to scams or encountering losses in cryptocurrency:- Educate yourself: Learn about cryptocurrencies and how they work before investing.- Verify information: Double-check sources and websites to ensure legitimacy.- Use reputable platforms: Stick to well-known and regulated exchanges for transactions.- Avoid FOMO (Fear of Missing Out): Don’t invest hastily due to hype or pressure.- Secure your assets: Use strong passwords, enable two-factor authentication, and store your funds in secure wallets.If you find this educative, please like ,share and follow. You can support us with Tips as this would help us earn money and create more content #xmucan #BTC

about 18 hours ago
Deniz Tutku
Deniz Tutku
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💲 BTC price stands at $38,000, while the US GDP grew by 5.2% in the third quarter of 2023. 📅 Since the beginning of November, the price of Bitcoin (BTC) has approached $38,000 several times in attempts to rise above $40,000. 📉 Despite the golden crossover of the 50 and 200-day moving averages (MA) during the day, Bitcoin's price is likely to return to the support range between $31,000 and $32,000 in the short term to attract more buyers. Additionally, over the past three weeks, the flagship crypto asset has been forming a bearish daily Relative Strength Index (RSI). 💹 The price of Bitcoin has significantly benefited from rising interest rates in the United States last year. The banking crisis earlier this year was a manifestation of institutional investors and retail traders flocking to Bitcoin. However, the Biden administration has tightened its monetary policy to control the cryptocurrency's wild speculation, aiming to support Gross Domestic Product (GDP). 📈 According to the latest data from the US Bureau of Economic Analysis (BEA), real Gross Domestic Product (GDP) in the third quarter increased by 5.2% annually. 📊 The third-quarter GDP surge represents a significant increase compared to 2.1% in the second quarter, signaling a revision towards an initial estimate of 4.9% published last month. Consequently, the country's real GDP is nearly recovering its previous peak recorded in the fourth quarter of 2021. 🔮 What to expect from the market in the near future? It is expected an increase in capital inflow into cryptocurrency investment products is expected, as the first half of 2024 will witness the fourth halving event, which is expected to stimulate macroeconomic indicators' growth. Furthermore, gold is on the verge of a historic breakthrough that will accelerate the transition to quality in the coming quarters. Additionally, market experts believe that the US dollar is in the final stage of global dominance as the world's reserve currency amid the rise of the BRICS alliance and the adoption of Bitcoin. 🚀💹📊📈 #cryptocurreny #Bitcoin2024

about 6 hours ago
Btcnews99
Btcnews99
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🚨🚨Top 5 Free Crypto Tools 🚨🚨 There are five free cryptocurrency tools that can be valuable for various purposes, from market analysis to portfolio management: CoinMarketCap: Website: CoinMarketCap Purpose: CoinMarketCap is a widely used platform that provides real-time data on cryptocurrency prices, market capitalization, trading volume, and other relevant metrics. It offers a comprehensive overview of the entire cryptocurrency market. TradingView: Website: TradingView Purpose: TradingView is a versatile charting platform that allows users to analyze and visualize cryptocurrency price movements using a variety of technical indicators. It also provides a social aspect where users can share trading ideas and strategies. CoinGecko: Website: CoinGecko Purpose: CoinGecko is a cryptocurrency data aggregator that provides comprehensive information about cryptocurrencies, including price, trading volume, market capitalization, and fundamental data. It also offers additional metrics such as developer activity and community engagement. CryptoCompare: Website: CryptoCompare Purpose: CryptoCompare offers a range of tools for tracking cryptocurrency prices, historical data, and market trends. It provides in-depth information on various coins and exchanges, making it useful for both beginners and experienced traders. Delta - Cryptocurrency & Bitcoin Portfolio Tracker: Website: Delta Purpose: Delta is a portfolio tracking app that allows users to monitor their cryptocurrency holdings in real-time. It supports a wide range of cryptocurrencies and provides features such as price alerts, news tracking, and portfolio performance analysis. These tools offer a combination of market data, charting capabilities, and portfolio management features, catering to different needs within the cryptocurrency space. Remember that while these tools are free to use, it's important to exercise caution and conduct additional research before making any investment decisions. #ETH #Tools&Analysis #tool #btcnews99 #BTC

about 6 hours ago
CoinEdition
CoinEdition
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ETH may break out of its tight trading range if the coin price hits $2,200. The 50 EMA had crossed over the 200 EMA, suggesting a bullish breakout in the mid to long-term. If ETH fails to flip the $2,042 resistance, the price may drop to $1,994. Crypto analyst Altcoin Sherpa told his 198,900 X followers that the price of Ethereum (ETH) would reach $3,000 in the next few months. Sherpa, who sounded confident of his prediction, referred to ETH’s historical price action. In backing up his point, the analyst noted that the ETH price has not closed above $2,200 in about a year and a half. He added that this altcoin’s inability to hit the said value would be the reason leading to the projected breakout. $ETH : This one is so obvious to me. It's going to go to $3000+ within the next few months and there's nothing you can do about it. No 1W close above this $2200 level in 1.5 years, ofc it's going to break it given the landscape. #Ethereum pic.twitter.com/lnhAyj5UKj — Altcoin Sherpa (@AltcoinSherpa) November 29, 2023 ETH Forms a Golden Cross  At press time, ETH’s value was $2,038. Earlier in the week, the coin broke above $2,100. However, negative market sentiment coupled with some selling pressure pushed the price back below $2,100. At the same time, ETH’s ability to hold on to the $2,000 range could serve as a sign of mild strength, especially as the cryptocurrency languished between $1,800 and $1,900 for a long period. In the short term, it is likely for ETH to keep trading between $1,800 and $2,100. But in the next few months, as Sherpa said, the ETH/USD daily chart showed that the altcoin has the potential to break out of this tight trading range. This assertion was taken from the Exponential Moving Average (EMA). At press time, the 50 EMA (blue) had crossed over the 200 EMA (yellow). This upward crossover or golden cross possesses properties linking a bullish breakout for establishing a long-term uptrend.  ETH/USD Daily Chart (Source: TradingView) A Short-Term Decline Is Nearby So, if ETH finally hits $2,200 and is accompanied by strong buying pressure, there is a possibility that it might reach $3,000. However, the road to a potential $3,000 price may not be linear. Therefore, traders might need to watch out for pullback in between.  Meanwhile, ETH’s short-term outlook is not exactly tilting bullish. According to the 4-hour chart, bulls have been unable to take bears out of the way in establishing an uptick. Also, there was a strong resistance at $2,042, which was responsible for pushing ETH back. Bulls will likely attempt to flip the resistance. At the same time, sellers may resist. Should ETH get rejected again, there is a chance that it might drop to $1,994. Additionally, the Relative Strength Index (RSI) was 46.64, indicating weakness for the altcoin. As long as the RSI remains below the 50.00 midpoint, ETH may find it hard to retest $2,100. ETH/USD 4-Hour Chart (Source: TradingView) The possibility was also corroborated by the Awesome Oscillator (AO), which had dropped into the negative region. The AO reading is a sign of increasing downward momentum, which is not good for ETH’s short-term bullish prospects. The post ETH to $3,000? Here’s What the Technical Outlook Suggests appeared first on Coin Edition.

about 7 hours ago
Crypto Intelligence
Crypto Intelligence
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On November 29, Bitcoin (BTC) demonstrated resilience by maintaining its momentum at the $38,000 level, despite warnings of potential market corrections. Bitcoin’s price trajectory continued to target new 18-month highs, as reported by data from Cointelegraph Markets Pro and TradingView. It had previously reached highs matching those of the previous day, even surpassing $39,000 in futures markets. The enthusiasm surrounding Bitcoin derivatives had led to debates about the possibility of large-volume traders leaving late long positions vulnerable at these elevated levels. Keith Alan, co-founder of monitoring resource Material Indicators, issued a word of caution to traders regarding what he referred to as “whale games.” He highlighted an instance where liquidity at $38,000 was pulled to trigger a move to $38,500, emphasizing that it wasn’t necessarily a friendly gesture but rather a strategic move by large players. Looking ahead, attention was focused on the words expected from Jerome Powell, the chair of the United States Federal Reserve, scheduled for December 1. READ MORE: Spain Implements New Crypto Reporting Requirement for Residents Holding Assets Abroad Powell’s statements could potentially serve as an external catalyst for Bitcoin’s price, with the possibility of it surpassing the $40,000 mark. However, it was noted that whales (large cryptocurrency holders) would likely be closely monitoring a key level at which to sell off their holdings. A chart accompanying the article revealed that the sell-side liquidity in the order book was concentrated at $38,500, a level that had not been challenged at the time of writing. Despite these considerations, some remained optimistic about the possibility of further short-term upside, suggesting that increased trading volume was all that was needed for a breakout toward the $40,000 threshold. In the broader financial context, Bill Ackman, CEO and founder of hedge fund Pershing Square Capital Management, expressed his belief that the Federal Reserve might have to make a pivot on interest rates as early as the first quarter of 2024. Ackman argued that failing to cut rates soon would increase the risk of a “hard landing” for the U.S. economy as inflation subsided. Key U.S. macroeconomic data, including the Q3 GDP and the October print of the Personal Consumption Expenditures Index, were expected to play a role in shaping Fed policy decisions. It’s important to note that the article does not provide investment advice and emphasizes the need for individuals to conduct their own research when making investment decisions. Discover the Crypto Intelligence Blockchain Council

about 9 hours ago
CRPTOHOLICS
CRPTOHOLICS
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FOR THOSE WHO HAVE ONLY 10$ TO INVEST AND GROW THEIR PORTFOLIO FAST🔥🔥 🔥🔥Start with just 10$🚀 Becoming the "best" crypto trader with just $10 is a challenging task, as crypto trading typically requires a significant amount of capital, experience, and risk management.if you guys stick to these tips and keep always in your mind no one will stop you to be a PRO TRADER in no time here are some steps you can take to get started with a small investment: 👉Start by learning about cryptocurrencies, blockchain technology, and how crypto markets work. There are many free online resources and courses available. 👉 Find a reputable cryptocurrency exchange that allows you to trade with a small amount of capital. Look for low fees and a user-friendly interface. 👉Never invest more than you can afford to lose. With only $10, consider it an educational investment rather than a profit-making endeavor. 👉 Instead of putting all your money into one cryptocurrency, consider diversifying your $10 into a few different coins or tokens. This spreads the risk. 👉 Trade in small amounts to gain experience. You can often buy fractions of cryptocurrencies, so you don't have to spend your entire $10 on one asset. 👉 Stay informed about market trends, news, and analysis. Make informed decisions rather than following hype. 👉 Don't expect immediate results. Crypto markets are highly volatile, and prices can fluctuate significantly. 👉Some exchanges offer trading tools and indicators that can help you make better decisions. Learn how to use them effectively. 👉Keep a record of your trades, including entry and exit points, profits, and losses. This helps you learn from your mistakes and successes. 👉 Be cautious of scams and fraudulent schemes in the crypto space. Stick to established exchanges and wallets. Remember that even with these steps, success in crypto trading is not guaranteed. The best traders often have years of experience and a more substantial capital base. Consider it as a learning experience. #BinanceTournament #etf #dyor

about 9 hours ago
Coinpedia
Coinpedia
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The post Top Crypto That Sets To Skyrocket After Bitcoin Halving  appeared first on Coinpedia Fintech News The cryptocurrency market is experiencing a slight retreat from its recent peaks, but the outlook remains optimistic. Bitcoin has pulled back to around $37,100, a 1% decrease, after surpassing $38,000 last week, while Ethereum has declined 1.5% to about $2,020. Despite these dips, the market sentiment is bullish, with Bitcoin rallying over 30% since early October, fueled by hopes of a U.S. spot Bitcoin ETF approval and a favourable macroeconomic backdrop. Anticipated for the spring of 2024, the forthcoming Bitcoin halving is largely projected to occur around mid-April. Occurring once every four years, these halvings have historically been critical moments for the cryptocurrency market, often igniting significant bull runs. This leads to the question: which cryptocurrencies will emerge as leaders in 2024, both in terms of price growth and resilience? This article explores the hypothesis that mirroring the aftermath of past halvings, the 2024 Bitcoin halving will initiate a bullish trend in prices. However, it’s important to note that such an outcome is not guaranteed, and the past performance is not a reliable indicator of future results, especially in the volatile world of cryptocurrencies. Let’s have a look at the estimates and computations and, maybe,  make a few assumptions on the basis of the most probable outcomes.  In light of the alterations in the industry, keep in mind that smaller projects are more likely to demonstrate remarkable growth. Summary  ScapesMania: Notable presale success in crypto, supported by a strong team. Solana (SOL): Transaction surge, but network and competition issues persist. Chainlink (LINK): Launches Staking v0.2 to enhance ecosystem, market impact uncertain. Cardano (ADA): Nears research breakthrough, growth hinges on practical application. Dogecoin (DOGE): Sees transaction and interest spike, possibly prepping for a rally. Shiba Inu (SHIB): Faces December challenges, but could recover despite price risks. ScapesMania: A New Contender in the Crypto Arena Many crypto experts pick ScapesMania as the best new project of 2023 and beyond. It manages to separate itself from the competition by offering holders a multitude of revenue streams and high potential ROIs during presale.  Companies and individual crypto traders looking for fast potential gains should definitely look into ScapesMania’s proposition. Once the presale finishes, the price will soar, securing possible returns in the range of 400-500%. Right now, there’s an active discount of close to 85%, but it won’t last forever – the clock is ticking and all interested in leveraging this offer need to act fast. When dissecting the tokenomics and other features of ScapesMania, it becomes clear that it’s the best altcoin to hold now. The innovative gaming-related core idea, impressive presale numbers, $150,000 giveaway, undying social media hype, and other positive aspects can guarantee that ScapesMania will continue on its winning journey, so it makes sense to get involved as soon as possible. Solana (SOL): A Surge in Transactions Signaling a Bright Future Solana (SOL) has experienced a significant surge in its daily transaction count, reaching a historic high of 51.63 million transactions. The transaction volume far exceeds those of competing protocols like Ethereum, Polygon, Aptos, and Near Protocol, indicating Solana (SOL) growing prominence in the blockchain space. Solana (SOL) price has responded positively to this surge in transaction volume. Solana (SOL) had increased by 9.37% to $59.88, with a weekly surge of 9.64%. This price movement is supported by a 6% boost in trading volume, bringing Solana (SOL) traded value to $1,637,977,477, ranking it fifth among all cryptocurrencies.  The network’s resilience, demonstrated by its return to pre-FTX price levels, suggests a strong foundation for growth. However, challenges remain, including maintaining network stability and continuing to innovate to stay ahead of competitors. If Solana (SOL) can sustain its transaction momentum and address these challenges, it could see further price appreciation and solidify its position in the market. Chainlink (LINK): Staking and Its Impact on Market Dynamics Chainlink (LINK) launched Staking v0.2, marking a significant development in its ecosystem. This update follows Chainlink (LINK) integration with several chains, including ChainGPT and Beefy Finance, and builds upon previous collaborations across six chains like Ethereum and Polygon. The staking update aims to enhance security, flexibility, and introduce a dynamic rewards mechanism, reflecting Chainlink (LINK) commitment to continuous improvement and innovation. Chainlink (LINK) trading value had seen an increase of 5.27% over the last 24 hours, trading at $14.70. This short-term increase also mirrors a 3.84% growth over the past week.  The introduction of Staking v0.2, with an expanded pool of 45 million Chainlink (LINK) tokens, presents significant prospects for Chainlink (LINK). The staking feature is expected to attract more users and enhance network participation, potentially leading to increased demand for Chainlink (LINK). However, the impact of this update on Chainlink (LINK) price remains to be seen, especially considering the current market conditions.  Cardano (ADA): Celebrating Milestones and Eyeing Future Growth Input Output Global, the creator of Cardano (ADA), is nearing an impressive milestone of 200 peer-reviewed research papers. These papers, accepted at renowned academic conferences, underscore Cardano (ADA) commitment to a research-driven approach in blockchain technology. Cardano’s (ADA) focus on the development and achievement of milestones is likely to foster investor confidence. This could positively influence its market valuation, provided these advancements translate into practical and widely adopted solutions. Cardano (ADA) future looks promising, given its strong emphasis on research and development. With advancements like the integration of Hydra Nodes and the exploration of Artificial Intelligence through the beta launch of Girolamo, an internet-enabled generative chatbot, Cardano (ADA) is poised for further growth. However, the challenge lies in translating these academic achievements into practical, market-driven solutions that can attract users and investors. If Cardano (ADA) can successfully bridge this gap, it could see significant appreciation in its value. Dogecoin (DOGE): Beyond the Meme, a Rising Transaction Tide Dogecoin (DOGE) has seen a notable increase in transactions, largely attributed to the rise in meme coin trading and the activity surrounding Doginals. Doginals, an experiment inspired by Bitcoin Ordinals, allows users to inscribe images and texts on the Dogecoin (DOGE) blockchain. This innovation has brought attention back to Dogecoin (DOGE), despite the mixed performance of DRC-20 tokens, a type of token introduced in the Dogecoin (DOGE) ecosystem for trading. The overall trading volume of Dogecoin (DOGE) has experienced an upward trend. Its volume increased to 606.13 million, with Dogecoin (DOGE) price at $0.080. This represents an 8.68% increase over the last seven days. The increase in Dogecoin (DOGE) holders, now totalling 5.31 million, and the rise in active addresses indicate a growing interest in the coin. If this trend continues, Dogecoin (DOGE) might be poised for another rally. However, the coin’s performance is closely tied to market sentiment and the success of its innovations like Doginals and DRC-20 tokens.  Shiba Inu (SHIB): Bracing for a December of Uncertainty Shiba Inu (SHIB) is facing a critical period as historical data indicates a pattern of price drops in December. This trend, observed since Shiba Inu (SHIB) inception, has seen double-digit percentage declines each December for the past three years.  In the past, December has been a challenging month for Shiba Inu (SHIB), with notable dips such as a 29.5% drop in 2021 and a 13.5% decrease in 2022. The average and median value for Shiba Inu (SHIB) during these months stands at around a 21.5% decline. This historical trend suggests that Shiba Inu (SHIB) could potentially face a downturn, possibly reaching lows around $0.00000653 per token. Despite the historical trend of December downturns, Shiba Inu (SHIB) has shown signs of breaking negative patterns, as evidenced by its performance in November 2023, where it concluded with a gain of 6.83%. This resilience indicates that while Shiba Inu (SHIB) may be bracing for a volatile December, there is potential for the token to defy these trends. Conclusion The cryptocurrency market is navigating through a mixed trend, with Bitcoin and Ethereum going through slight decreases, set against a backdrop of strong investor anticipation for a U.S. spot Bitcoin ETF. In this fluctuating market, cryptocurrencies like Solana (SOL), Chainlink (LINK), Cardano (ADA), Dogecoin (DOGE), Shiba Inu (SHIB), and ScapesMania remain poised for growth, each facing unique challenges and opportunities in the dynamic digital asset landscape. In the event of Bitcoin halving, it seems as if it’s the newcomer, ScapesMania, that has more to gain than any other project mentioned in this text. If positive projections wind up being correct, holders might see even more than x5 ROI after the listing.

about 8 hours ago
OFP Funding
OFP Funding
Binance CEO Resignation: What Lies Ahead for Crypto Traders?
1 day ago
Crypto Bisons - Marketing and News
Crypto Bisons - Marketing and News
followers

🚀 𝗧𝗼𝗽 𝟳 𝗖𝗿𝘆𝗽𝘁𝗼 𝗧𝗼𝗸𝗲𝗻 𝗨𝗻𝗹𝗼𝗰𝗸𝘀 𝗘𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗛𝗮𝗽𝗽𝗲𝗻 𝗶𝗻 𝘁𝗵𝗲 𝗡𝗲𝘅𝘁 𝟳 𝗗𝗮𝘆𝘀 📆 In the next 7 days, major token unlocks are set to unfold, bringing potential opportunities for savvy traders. Here's a detailed look at the upcoming events: 1. dYdX (DYDX): On December 1, dYdX unlocks 15% of its total supply, a whopping $482.5 million value. DYDX, the L1 protocol token for the dYdX Chain, empowers holders to participate in securing and governing the dYdX Chain network. 2. Immutable (IMX): Also on December 1, IMX reveals 1.87% of its total supply, valued at $50.3 million. IMX, the native token for Immutable, pioneers as the first L2 scaling solution for NFTs on Ethereum. 3. Optimism (OP): Scheduled for November 30, Optimism injects 0.56% of OP's total supply, equivalent to $41.5 million. Optimism, an L2 blockchain on Ethereum, scales the ecosystem with Optimistic Rollups. 4. Sui (SUI): On December 3, SUI unveils 0.69% of its total supply, valued at $40.9 million. SUI, designed for fast, private, and secure digital asset ownership, takes a step forward in the crypto market. 5. 1inch Network (1INCH): December 1 marks the release of 6.58% of 1INCH's total token supply, equivalent to $33.7 million. 1INCH Network unites decentralized protocols, significantly increasing its circulating supply. 6. Axelar (AXL): Having recently unlocked 2.31% of its total supply on November 27, AXL faced an 11% loss, dropping from $0.7853 to $0.6861. Axelar, a blockchain solution for secure cross-chain communication in Web3, shows resilience. 7. Hedera (HBAR): On December 1, Hedera introduces fresh HBAR tokens, constituting 0.36% of its total supply, valued at $11.1 million. Hedera, recognized as an enterprise-grade public network, fuels the decentralized economy with powerful DApps. 🌐 Stay tuned for these market movers! Traders, are you ready to seize the opportunities? 💼 NFA DYOR 🤝 $DYDX $IMX $OP #Tokenunlock

about 14 hours ago
Cryptopolitan
Cryptopolitan
followers

In a significant shift within the cryptocurrency market, Binance, a major player in the digital currency exchange sphere, has announced its decision to discontinue support for Binance USD (BUSD). This move, set to begin on December 15th, follows the announcement by Paxos to halt the minting of new BUSD coins. This development signals a pivotal change in the landscape of stablecoins, a critical component in the digital currency ecosystem. Transitioning Away from BUSD As part of this transition, Binance has urged its users to either withdraw or convert their existing BUSD holdings into other digital assets before the December 15 deadline. Following this date, withdrawals for BUSD will be disabled, and any remaining BUSD balances will be automatically converted into First Digital USD (FDUSD) for certain users. This conversion, however, excludes users in specific countries, including Japan, France, Italy, Poland, and Kazakhstan, who are encouraged to take action before the cut-off date. The process of phasing out BUSD involves several steps, impacting various services and products offered by Binance. The exchange will remove BUSD from its spot trading pairs in a phased manner, starting from December 11 and culminating on December 15. This will affect popular trading pairs such as BTC/BUSD, ETH/BUSD, and others. Additionally, open spot orders related to these trading pairs will be automatically closed as trading ceases. In terms of futures and margin trading, BUSD will also be removed following a schedule outlined by Binance. This removal will have implications for traders and investors who rely on these financial instruments for their trading strategies. Comprehensive Changes across Binance Services The changes extend beyond trading platforms, affecting deposits, withdrawals, and conversions. Starting December 31, withdrawals of BUSD via the Ethereum network will cease entirely. Furthermore, Binance has already stopped withdrawals of Binance-Peg BUSD tokens via various networks since early September. Binance is also altering its Convert and OTC services. Users will still be able to convert their BUSD balances to FDUSD at a 1:1 conversion rate using these services, but with specific temporary suspensions to facilitate the overall transition process. The impact of this decision extends to Binance’s loan services, where BUSD has been delisted as a collateral asset. Additionally, Binance Earn, Binance Card, Binance Pay, and Binance Gift Card will all experience changes due to the phasing out of BUSD. This decision by Binance marks a critical juncture in the evolution of the cryptocurrency exchange and the broader digital asset market. It underscores the dynamic and rapidly changing nature of this sector, where adaptability and responsiveness to regulatory and market changes are crucial. As Binance forges ahead with this transition, it emphasizes the importance of transparency and sustainable growth within the crypto ecosystem. This move could have far-reaching implications for the stablecoin market and the strategies of traders and investors within the digital currency domain. In conclusion, Binance’s decision to phase out BUSD is a significant development in the cryptocurrency world. It reflects the exchange’s commitment to adapting to market and regulatory shifts, while also highlighting the evolving landscape of digital currencies and the need for exchanges, investors, and traders to stay agile in this fast-paced market.

about 14 hours ago
Crypto
ETH,SOL,ALGO,BNB,FTM,GNO,VIC,KCS,MOVR,AVAX,ARB,VLX,CRO,ONE,SCRT,TRX,BOBA,EGLD,RON,LUNC,TLOS,GLMR,AURORA,METIS,FUSE,ROSE,JEWEL,ELA,OKT,IOTX,ADA,MTRG,OP,NEAR,WAN,CFX,EVER,ATOM,WAVES,BRISE,BCH,DOGE,KAI,CANTO,ETHW,APT,TOMB,TT,EVMOS,SYS,NRG,ASTR,SX,WEMIX,TBD,KAVA,MATIC,HBAR,SUI,PLS,CKB,NEON,STRK,MATIC
USDC(USDC)

$1.00

0.01%

Market Cap
24.39b
 

0.01%

Volume (24h)
4.37b
 

-21.25%

Released on 08 Oct 2018
Crypto Traders Arena
Crypto Traders Arena
followers

$TIA Is sweeping liquidity here, looking for a strong demand and then a target up-to $7 in order to secure 2RR-4RR trade. Limit order is on.

1 day ago

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