It is possible to become rich overnight. This kind of person must be persistent, stubborn, persevering + luck. I have 2 of them around me. A person with 40,000 yuan worked for 40 million, and a person with 100,000 yuan worked for 30 million yuan. A bull market lasts only 10 months. It's just so magical. But do you know what their character is like? I don’t spend the money I make, I just buy it. I used to buy lottery tickets and now I lose money by buying coins, so I continue to make money and continue to buy and buy. My monthly salary is 5,000 yuan. How can you do this if you spend 4,000 yuan to buy lottery tickets for more than 20 years? The so-called getting rich overnight is just the result of continuous accumulation of luck. There are people who make a fortune just by buying something. I still prefer to get rich slowly and continuously accumulate knowledge. You can read more articles I have written about how to make money in this area. #BTC #ETH

The post 7 Top Cryptocurrency Coins To Invest In For 2024 That Holders Could See Explode appeared first on Coinpedia Fintech News Cryptocurrency investing has become an extremely profitable activity for investors who can pick the right coins. However, with over 10,000 token in existence and more launching each day, it can be challenging to identify the top crypto performers. This article will highlight seven promising cryptocurrencies investors may wish to buy and hold through 2024. 1. Meme Kombat (MK) One of the top crypto coins that could explode in 2024 is Meme Kombat (MK), a gaming platform built on the Ethereum blockchain. Meme Kombat’s main feature is a battle arena where users can watch AI-powered fights between meme characters and bet on their outcomes. Prizes are paid out in MK, Meme Kombat’s native ERC-20 token, which can also be staked to earn high yields. Due to its meme coin branding and unique features, Meme Kombat has attracted massive attention in its presale and raised over $2.2 million. Early investors can buy MK tokens through the presale for $0.214 before their DEX launch in January. 2. Bitcoin ETF Token (BTCETF) Next is Bitcoin ETF Token (BTCETF), designed to speculate on the potential market impacts of a spot BTC ETF being launched in the US. Due to the seismic nature of a spot ETF launch, many early backers believe the BTCETF price could soar – especially given its unique tokenomics setup. Every time an ETF approval milestone is reached, such as an official launch date, 5% of the total BTCETF supply will be burned. In addition, a 5% transaction tax will be implemented on BTCETF transfers, further reducing the total supply over time and potentially enhancing value. Although not yet available on exchanges, would-be investors can buy BTCETF tokens for $0.006 ahead of its IEO through the presale at btcetftoken.com. 3. TG.Casino (TGC) TG.Casino (TGC) is a top crypto casino integrated directly into the Telegram app, allowing users to play casino games and bet on sports markets anonymously. Offering fast deposits/withdrawals and boasting a gaming license from Gaming Curacao, TG.Casino seeks to set itself apart from other projects in the GambleFi space. The casino’s native token, TGC, can be staked to earn impressive yields and is also part of a buyback-and-burn mechanism designed to reduce the total supply. TG.Casino users who gamble using TGC will even receive 25% cashback on their losses. The TGC presale has already raised over $3.1 million in funding, with early investors able to buy TGC tokens at the discounted price of $0.17. 4. Bitcoin Minetrix (BTCMTX) Bitcoin Minetrix (BTCMTX) is another cryptocurrency that could explode in 2024 due to its unique Stake-to-Mine feature. This feature allows users to stake BTCMTX, the ecosystem’s native token, to earn cloud mining credits. These credits can then be burned to earn mining power – used to mine Bitcoin virtually and earn recurring rewards. Users can also stake their BTCMTX tokens to earn yields of 132% per year, thereby creating a dual-earning approach that could prove fruitful over the long term. Like the three projects mentioned previously, Bitcoin Minetrix is still in its presale phase, yet interested investors can buy BTCMTX tokens during the current stage for  5. Solana (SOL) Solana (SOL) is already a top crypto that investors may wish to watch in 2024 due to its potential in the blockchain space, and deep correction from its all-time high ($260 in Nov 2021, now $60 as of late 2023). Boasting fast transaction speeds, low fees, and immense scalability, Solana has become the go-to blockchain for many DApp developers. Additionally, Solana has obtained partnerships with companies like Visa, helping boost credibility and adoption. If integration and innovation continue at their current rate, Solana could be poised to compete with Ethereum next year – which might be great news for the SOL price. 6. Immutable (IMX) Investors seeking a top crypto project may also wish to consider investing in Immutable (IMX), given that it acts as a layer-2 scaling solution for NFTs. Immutable offers benefits like instant trade confirmation, zero gas fees, and carbon-neutral minting. Moreover, Immutable has forged partnerships with the likes of GameStop, helping boost its visibility and create new use cases. With the IMX token now listed on an array of Tier-1 exchanges, there’s a chance it could continue growing in 2024 as layer-2 solutions become more widely used. 7. Celestia (TIA) Lastly, Celestia (TIA) is a modular blockchain network that addresses scalability issues by decoupling execution from consensus. This approach is designed to help Celestia solve the scalability issues facing major chains like Ethereum. Using Celestia, developers can build custom blockchains themselves while benefiting from the security of the main consensus layer. In Q4 2023 TIA has already ranked among the top trending crypto projects, thanks to its recent Coinbase listing. As more developers use Celestia to build, there’s likely to be increased demand for the native TIA token – which could see it explode in 2024. 

Chainlink (LINK) has been on an impressive upward trend lately, boosted by increased activity on its network and a general recovery in the cryptocurrency market after a period of slow growth. Reaching over $16, LINK hit its highest value since April 2022. Although it experienced a slight dip in the following weeks, the sustained interest from cryptocurrency whales is keeping the excitement alive and contributing to the interesting journey of LINK. Chainlink’s Whales Making Waves: Positive Signs for LINK Price Renowned analyst Ali Martinez highlighted on November 29 that Chainlink (LINK) is gaining significant attention from crypto whales. Notably, the altcoin experienced its “largest spike in whale transactions for the year,” with over 2,600 transactions exceeding $100,000 each, as reported by Martinez on X. In the crypto world, increased whale interest is often seen as a positive indicator for an asset’s price, signaling strong confidence in its potential. The involvement of whales implies strategic positioning based on positive market outlooks or fundamental developments, making it a key signal for other investors. Moreover, the entry of whales into the market can enhance liquidity and boost overall market activity, influencing the sentiment and trajectory of the cryptocurrency. Over the past six months, instances of sharp spikes in whale transactions have consistently preceded rallies in Chainlink’s price, notably in July, October, and earlier in the current month. While the number of whale transactions exceeding $100,000 was relatively low compared to November 28, historical patterns suggest that such occurrences often precede a surge in LINK price within a 2-3 day timeframe. This ongoing trend points to positive signs for the future performance of Chainlink. Chainlink’s Remarkable Surge: Current Stats and Potential Breakout At the time of reporting, Chainlink (LINK) was priced at $14.74, reflecting a 3.31% increase in the last 24 hours. Over the week, the altcoin gained 4.3%, and in the past month, it saw an impressive surge of more than 33.8%, contributing nearly $2 billion to its market cap during this period. In the year-to-date performance, Chainlink has outpaced Bitcoin, soaring over 165% compared to Bitcoin’s 130% surge. According to the recent analysis by Martinez, there are indications that LINK might be on the brink of a breakout from a bull flag pattern. Specifically, the cryptocurrency was expected to revisit the breakout zone around $14 before potentially making a move towards the $20 mark. The current stats and potential breakout suggest a promising trajectory for Chainlink’s ongoing surge. DISCLAIMER: This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.

Which cryptocurrencies have gained or lost the most in the past 30 days?   The cryptocurrency market is dynamic and November 2023 was no exception. While some cryptocurrencies saw significant gains, others experienced sharp declines. Understanding the factors that drive price movements is crucial for investors seeking to navigate the market effectively. November 2023 marked a period of significant shifts in the cryptocurrency landscape, with certain coins experiencing remarkable gains while others faced notable declines. As the cryptocurrency space continues to mature and attract institutional attention, the factors influencing price movements are becoming increasingly complex. While supply and demand remain fundamental drivers, broader economic conditions, technological advancements, and regulatory developments play increasingly significant roles. Additionally, the actions of large investors, known as whales, can have a substantial impact on prices, particularly in less liquid markets. Understanding the interplay of these diverse factors is essential for making informed investment decisions in the cryptocurrency market. By carefully analyzing market trends, conducting thorough research, and adopting a risk-averse approach, investors can navigate the volatile waters of the crypto space with greater confidence and potentially reap the rewards of this burgeoning digital frontier. As per data on Binance , the top crypto gainers and losers of November are as follows: Top Crypto Gainers The top five gainers in November were: FTX Token (FTT): FTT is the native token of the FTX cryptocurrency exchange. It saw a significant gain of over 200% in November, likely due to the exchange's growing popularity and the launch of its new venture capital fund, FTX Ventures.Celestia (TIA): TIA is a layer-1 blockchain platform that aims to make it easier to build decentralized applications (dApps). It saw a gain of over 180% in November, likely due to growing interest in its technology and the launch of its new mainnet.Kaspa (KAS): KAS is a new cryptocurrency that uses a novel proof-of-work algorithm. It saw a gain of over 150% in November, likely due to its unique features and the growing popularity of proof-of-work mining.THORChain (RUNE): RUNE is the native token of the THORChain cross-chain liquidity network. It saw a gain of over 120% in November, likely due to the growing popularity of decentralized finance (DeFi) and cross-chain bridges.Sei (SEI): SEI is a new DEX that is built on Cosmos and uses a stablecoin-only order book. It saw a gain of over 100% in November, likely due to its unique features and the growing popularity of Cosmos. Top Crypto Losers The top five losers in November were: Bitcoin Cash (BCH): BCH is a fork of Bitcoin that aims to improve scalability and transaction speed. It saw a loss of over 9% in November, likely due to the overall bearish market sentiment and the fact that it has failed to gain widespread adoption.Conflux (CFX): CFX is a layer-1 blockchain platform that is backed by the Chinese government. It saw a loss of over 7% in November, likely due to the overall bearish market sentiment and concerns about its centralized nature.Bitcoin SV (BSV): BSV is another fork of Bitcoin that aims to restore the original Bitcoin protocol. It saw a loss of over 6% in November, likely due to the overall bearish market sentiment and its controversial founder, Craig Wright.Quant (QNT): QNT is the native token of the Quant Overledger platform, which connects different blockchains and networks. It saw a loss of over 5% in November, likely due to the overall bearish market sentiment and the fact that it is a relatively new and unknown project.Aptos (APT): APT is the native token of the Aptos blockchain platform, which is still under development. It saw a loss of over 2% in November, likely due to the overall bearish market sentiment and the fact that it is not yet fully launched. Conclusion The cryptocurrency market is volatile, and investors should always do their own research before investing. The top gainers and losers in November are just a snapshot of the market, and past performance is not indicative of future results.

Shiba Inu: How Much Money Can You Earn if SHIB Reclaims Its ATH? Shiba Inu’s value has faced challenges recently, but the growing adoption of the Shibarium network and improved market sentiment might propel the meme coin’s price. SHIB’s remarkable price surge of 1000% back in October 2021 had given hope to SHIB holders. This was when the asset reached its all-time high of $0.00008616. It has now been 23 months since that milestone, and SHIB has encountered ongoing difficulties in reattaining that position. However, the bets on the asset continue to grow. This article will explore the potential earnings from a $1,000 investment today, should Shiba Inu achieve its previous all-time high. It should be noted that SHIB is currently trading at $0.000007343, with a daily drop of 0.34%. The asset’s market cap is currently $4.33 billion. From $0.00000734 To $0.00008616: How much can a $1000 investment in Shiba Inu rake in? To attain this milestone, the initial requirement is to shed one decimal place. Presently, the asset aims to trim its fifth decimal digit. Nevertheless, accomplishing this task is challenging due to the rather subdued state of its ecosystem. Even with the introduction of Shibarium, there was minimal impact on the asset’s performance. Given its current price, SHIB would need to surge by 1071% to reach its all-time high. Investing $1,000 at the current price of $0.00000734 per SHIB could result in investors acquiring 136 million tokens. Should Shiba Inu surpass its all-time high in the future, the $1,000 investment made today could potentially grow to $11,747. While this isn’t a life-changing amount, it should be noted that SHIB is no longer in its ‘Halycon Days.’ Whether Shiba Inu can reach its previous peak hinges on a range of factors, such as the broader performance of the cryptocurrency market, investor enthusiasm, and the achievements of SHIB-related initiatives or projects. Therefore, it is crucial to undertake comprehensive research and assess the inherent risks of cryptocurrency investments. #SHIBFuture #BinanceTournament

Solana (SOL) prices have surged, driven by positive market sentiment and recent technical progress on the blockchain.Analysts attribute the price rally to a combination of factors, including post-FTX relief, Bitcoin dominance, and advancements in the Solana blockchain’s technology. Solana’s Price Momentum Gains Steam In the dynamic world of cryptocurrency, Solana has recently marked a significant upturn in its price. The SOL token, native to the high-performance Solana blockchain, witnessed a notable increase, peaking at $58.68. This surge represents an over 8% rise from its intraday low, reflecting a growing bullish sentiment in the market. Diverse Factors Fueling Solana’s Rally Several industry experts have weighed in on the reasons behind Solana’s recent price movements, highlighting a variety of driving forces. Tim Enneking, managing director of Digital Capital Management, notes two primary factors: a relief rally following the FTX debacle and significant technical advancements on the Solana chain. These improvements include reduced node hardware requirements and increased compatibility with zero-knowledge proofs. In contrast, Marouane Garcon, cofounder of The Real-World Asset Exchange, emphasizes the broader influx of capital into the crypto space. He points out that Bitcoin’s rising dominance and sustained asset inflows are revitalizing market momentum and liquidity, which positively impacts cryptocurrencies like Solana. Industry Insights and Solana’s Outlook Aaron Golbin, Founding Partner at LvlUp Ventures, provides a broader perspective, attributing the recent upturns to seasonal bullish trends, easing economic concerns, and ongoing excitement in the crypto and web3 sectors. Despite a downturn in venture capital funding, the sustained development and optimism in blockchain-based products indicate a long-term positive outlook for cryptocurrencies like Solana. Pierce Crosby, General Manager at TradingView, offers a more personal view. He credits the strength of the Solana team and its long-term vision as key factors in the rising market sentiment around the project. Crosby also highlights Pyth, a price oracle built on Solana, as evidence of the blockchain’s high throughput and execution efficiency, further underscoring the technical prowess of the SOL chain. Conclusion: A Convergence of Factors The recent uptick in Solana’s price is a convergence of various elements, from market sentiment shifts and Bitcoin’s performance to significant technical enhancements in the Solana blockchain. This composite of factors underlines the complex and interconnected nature of the cryptocurrency market, where multiple streams of influence converge to shape the trajectory of digital assets like Solana. DISCLAIMER: This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #Solana

Among the green mountains and green waters, emotions arise in my heart, Long orders are rising slightly again, like a river. Seize the opportunity, don't be happy, don't worry, hold the spiritual bridge, Yesterday's decline paved the way for a better new high today. Breaking 38500, the bulls are bound to win! Suddenly looking back, life is the same. Climbing mountains requires perseverance. The tide rises and falls, the market changes, and the night in your heart never fades. No matter how the situation turns, the tide will always flow back to the sea. Seize the opportunity, follow the long orders, and look to the future! Investing in art is filled with emotion and intertwined with destiny. May you be blessed with flowers, whether it is a bull market or a bear market and you are struggling. Follow long orders, don't give up, and hold them until the end. The market is vast and the market is winding. Let's appreciate the poetic scenery together. Use courage to prop up the sail and interpret your own legendary story. Long orders are rising slightly, the world is vast, and my heart belongs to something. $BTC $ETH #BTC #ETH

#SamBankmanFried going to Liquidate its Assets U.S. Judge: #FTX Debtors Can Start Selling Trsut Assets Reported by The Block, a Delaware bankruptcy court said Wednesday that FTX Trading and affiliated debtors can start selling trust assets that include interests in #Grayscale and #Bitwise funds worth $744 million. Judge John Dorsey granted a motion filed in early November that sought permission to begin selling units in six crypto funds including Grayscale Bitcoin Trust, Grayscale Ethereum Trust, Bitwise 10 Crypto Index Fund, Grayscale Ethereum Classic Trust, Grayscale Litecoin Trust and Grayscale Digital Large Cap Trust. Grayscale's flagship bitcoin fund #GBTC accounts for the largest portion of the assets, with nearly 22.3 million units worth $597 million. Grayscale's Ethereum Trust came in second place, with 6.3 million units worth $87 million. FTX bankruptcy claims have been trading at 60 to 65 cents on a dollar recently, with the price rising as asset recovery appeared to get closer. Is this another indication of market, to goes into Liquidation mode and moves towards BearishZone into December month. Let's see, what's next... Always DYOR before investing in Crypto Currency and Trade Wisely by using StopLoss at this volatile situations of Crypto Market.

With the best yield in the traditional financial world generally at a paltry 5%, investors cannot keep their heads above water. Is crypto a better bet for the next couple of years? Traditional advice For decades the mantra from financial advisors was a “60/40 portfolio” made up of 60% equities and 40% bonds. This may have been fine for times gone by, but taking into account the world we currently live in, this is anything but fine. The decades-long bond market that stretched from the early 80s until 2020 is very probably over, with that trend line looking to be well and truly broken.  Banks, supposedly the trusted guardians of our money, bought bonds when the interest rate was at zero, and now most of them are underwater, with only the Federal Reserve providing them the cash needed to continue operating. If one looks at equities, all appears to be pretty good. The S&P 500 has rallied of late and is currently only around 5% below its last all-time-high. That said, there are only a handful of mega companies that are actually contributing to this performance, plus there is still the thorny issue of the investor being able to get a return that is better than inflation and all the higher prices for food and energy etc. Only two outperforming sectors Therefore, what is left for the investor? Some might argue that the only two outperforming sectors are technology (AI) and crypto. AI might be more difficult to get into, but as things stand (impending regulation aside) crypto is still the chosen asset of the common investor.  Obviously, given the almost daily barrage of negative press from the mainstream media towards crypto, not so many of the average investors have had the clarity of vision to invest in cryptocurrencies. Also, crypto land can still be a dangerous place for the uninitiated. All sorts of crypto scams can be chanced upon. That being said, this is arguably the sector with the greatest brains and entrepreneurial talent in the world. The upside here can be exponential compared to the downside. Regulation incoming However, given that cryptocurrency is value that can be exchanged between two parties, the regulator wants to get in between and to drown crypto companies with the same kind of obstacles to doing business as traditional companies face. All this regulation is due to hit the crypto industry over the next couple of years, so perhaps there is still time for the average Joe and Jane to front-run the institutions and invest in the more reputable crypto companies that have solid tech and fundamentals. Investors need to do their own research Bitcoin alone, easily the most dependable of the cryptocurrencies, has risen 147% so far this year. Put this against your paltry yield from the bank, or your negative return on bonds, and you have the reason why you need to invest in this sector.  One last parting shot is that investors need to do their own research into crypto, and into traditional financial markets in order to come to their own conclusions. The author of this article does not profess to give any financial advice and just has his own views and opinions on this topic. Stocks, bonds, and crypto can go up as well as down. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Key Points: SoFi is exiting the crypto sector due to increased scrutiny by banking regulators, requiring customers to liquidate or transfer their crypto accounts to Blockchain.com by Dec. 19. SoFi initially entered the crypto sector in 2019 but crypto has been a non-material part of its business, leading to the decision to exit the sector. SoFi crypto exit due to increased scrutiny by banking regulators has caused their customer to liquidate or transfer their crypto accounts to Blockchain.com by Dec. 19. SoFi Crypto Exit: Customers Now Urged To Move Funds By Dec. 19 According to Bloomberg, SoFi is exiting the crypto sector due to increased scrutiny by banking regulators. Customers were informed that they need to liquidate their crypto accounts or transfer them to Blockchain.com. SoFi, originally a student-lending refinancing company, expanded its services and received a bank charter earlier this year. The approval of the charter was conditional on either receiving necessary regulatory approvals for its crypto business or exiting the digital asset sector. The Federal Reserve has been increasing scrutiny of lenders' involvement in digital assets, and in January, expressed concerns about the volatile asset class. SoFi initially entered the crypto sector in 2019 and was a high-profile participant, but crypto has been a non-material part of its business. SoFi Crypto Exit: Customers Forced to Liquidate or Transfer Existing SoFi customers will have to move their crypto holdings to Blockchain.com by December 19th, or their balances will be liquidated. Terms of the agreement with Blockchain.com were not disclosed, but SoFi will also refer its members to other crypto partners next year. Blockchain.com, which operates a crypto exchange and popular crypto wallets, recently closed a $110 million funding round. It has created 87 million wallets and facilitates a significant portion of Bitcoin network transactions. SoFi's decision to exit the crypto sector comes as banking regulators increase scrutiny in the industry. DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.