300 Billion Shiba Inu (SHIB) Received by Anonymous Whales: Who Is It? A staggering 300 billion SHIB tokens have been transferred to an anonymous wallet. The transaction, originating from cryptocurrency exchange Binance, raises the question: Who is behind this whale-siz ed movement? The transaction hash, viewable in the blockchain's immutable ledger, confirms the transfer's success. With a transaction fee of a mere $3.73, the move has been economically executed, and yet it represents a significant shift in SHIB's token distribution. Given the magnitude of the transfer, the recipient could be an entity with substantial market influence, perhaps an institutional investor or a large-scale crypto entity positioning itself on the meme coin market. The wallet in question, now loaded with an influx of SHIB, has been active, with a pattern of large-scale acquisitions from Binance over the past few weeks. This pattern suggests strategic accumulation, possibly for liquidity provisioning, investment or even preparation for further token burns, which could impact the coin's value. In addition to the transactional activity, the technical analysis of SHIB's price chart offers insights into potential market movements. The chart displays a descending triangle formation, with the price recently breaking below the lower trendline, indicating a bearish outlook. This technical breakdown could lead to further price depreciation if the pattern follows through. However, it is worth noting that the price is hovering above a crucial support level, with the 50-day moving average acting as a potential springboard for a price rebound. Should the anonymous wallet's activities influence market sentiment, we could see an upward price correction as part of a broader response to the wallet's accumulation strategy. It is also possible that the anonymous wallet is tied directly to Binance and could be used for internal operations and liquidity management, which means that such a large transfer will not have any effect on the Shiba Inu market. #BinanceTournament

Bitcoin continues to be uncertain at the $38,000 level and has slipped below it in the past few hours. Most altcoins are also slightly in the red today, with ETH close to breaking below $2,000 and SOL dipping beneath $60. BTC Under $38K Last Friday saw bitcoin’s surge that drove the asset to an 18-month peak at $38,500. However, the cryptocurrency failed to maintain its momentum and dropped to under $38,000 almost immediately. The weekend saw very few noteworthy movements, with BTC standing in a range between $37,000 and $37,500. Monday and Tuesday, though, brought more pain for the bulls as the asset fell to a multi-day low of $36,700. Nevertheless, they managed to regain control over the market and pushed BTC north on Wednesday. This culminated in a price surge to $38,400, but bitcoin couldn’t keep heading north and chart a new year and a half peak. Just the opposite, the asset has lost some traction since then and now trades under $38,000. Its market capitalization has retraced to under $740 billion, while its dominance over the altcoins remains strong at 52%. BTCUSD. Source: TradingView IOTA Defies Market Sentiment Most larger-cap alts registered impressive price gains yesterday, but the landscape today has changed. Ethereum is down by 2% and is close to breaking below $2,000 after nearing $2,100 yesterday. Binance Coin, Ripple, Tron, Toncoin, Avalanche, and MATIC have declined by similar percentages. Solana, Cardano, and Polkadot are down by more than 3%. This means that SOL is currently under $60, ADA is way below $0.4, and DOT is just inches above $5. Dogecoin is the only top 10 alt in the green. LEO, RUNE, UNJ, and MNT are with gains from the mid-cap alts. IOTA, though, has emerged as the top performer from the top 100 digital assets, having soared by over 30% in a day. The total crypto market cap has lost some steam and sits at $1.420 trillion on CMC. Cryptocurrency Market Overview. Source: Quantify Crypto The post Bitcoin Dips Below $38K, IOTA Explodes 33% Daily (Market Watch) appeared first on CryptoPotato.

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.

Solana has experienced a notable increase of 10.1% over the past week and soared 70.8% this month. The Relative Strength Index (RSI), a critical momentum indicator, is presently above 60, suggesting strong buying momentum in the market. However, it’s nearing the overbought zone (above 70), which might imply a potential short-term overvaluation of Solana, possibly leading to a market correction or consolidation phase. The trajectory of Solana’s bullish trend is further supported by the upward movement of key moving averages – the 50-day Simple Moving Average (SMA) and the 20-day Exponential Moving Average (EMA). Currently, Solana’s trading price is above these averages, reinforcing the bullish market sentiment. The 50-day SMA, sitting at approximately $42.2, is likely to act as a significant support level. A crucial barrier is observed near the $60 mark on the resistance front, formed by recent price highs. Continued upward movement, breaking past the $60 resistance with high trading volume, could signal further bullish momentum. The next resistance could be at higher psychological levels or past resistance zones. A breakout above this channel could indicate a strong bullish move. Solana’s presence in the overbought territory indicates possible upcoming selling pressure as traders might engage in profit-taking, potentially causing a price correction or consolidation. Nonetheless, it’s crucial to note that in strong bullish markets, assets can sustain overbought conditions for extended periods. A decline below the moving averages, particularly the $42.2 50-day SMA, could suggest a sentiment shift and a potential trend reversal. A further drop below significant support levels might trigger additional declines as stop-loss orders are activated. $SOL #sol

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.

Impressive Surge: SEI has surged by an impressive 35% within the last day, achieving an unprecedented high of $0.2988.Performance Drivers: The remarkable uptick in SEI's value is attributed to significant trading volume, increased social activity surrounding the asset, and a prevailing positive sentiment in the market.Positive Bitcoin Correlation: SEI demonstrates a positive correlation with Bitcoin, indicating a potential for continued upward movement.Price Projection: Analysts anticipate SEI to revisit the $0.26 mark, marking a potential retest, before potentially extending its rally towards $0.3633. The current crypto market sentiment remains bullish, especially after Bitcoin surged past the $38,000 mark, signaling potential for exploration towards $40,000 or beyond pending a breakout and subsequent close. Among the various cryptocurrencies, one asset stands out with unparalleled bullish momentum: SEI. SEI, positioned as the 75th largest cryptocurrency by market cap, has emerged as the standout performer in the market, particularly over the last 24 hours. Analyzing SEI's Remarkable Performance SEI's price trajectory across daily, weekly, and monthly intervals has been nothing short of parabolic. Data from CoinMarketCap illustrates a staggering surge of approximately 35% within a day, propelling SEI to an all-time high of approximately $0.2988. This surge reflects a weekly gain of over 60% and a monthly increase of around 150%, driving SEI's market cap to approximately $645 million and solidifying its position in the crypto rankings. Factors Fueling SEI's Success SEI attributes its stellar performance to several contributing factors, including consistently high trading volume, robust social activity, and a prevailing positive market sentiment. Notably, a strategic investment from Circle, the issuer of USDC, has significantly bolstered SEI's prospects. Circle's recent investment announcement highlighted SEI as part of its African expansion plans, leveraging SEI's established presence in the region. SEI's trading volume surge in the past day, surpassing its market cap to approximately $796 million, indicates robust liquidity within the SEI network catalyzed by its price surge. SEI's Future Trajectory Throughout November, SEI has demonstrated a bullish trend, as depicted in its 4-hour chart. Starting from lows around $0.1, the cryptocurrency has more than doubled in value, presently trading around $0.27. The current price movement suggests a potential resistance zone near the recent $0.2988 all-time high, leading to a slight decline to approximately $0.2715. However, SEI's likely course of action involves retesting the $0.26 high from November 25 to establish a higher low. Maintaining support above this level could signal a continuation of SEI's upward rally, possibly targeting the $0.3633 zone as indicated by the Fibonacci retracement tool. While SEI's correlation with Bitcoin remains positive, indicating further upward potential, its short-term trajectory involves potential retests and higher lows before resuming its ascent. As with any investment-related content, Voice of Crypto aims for accuracy while advising independent research and decision-making due to the inherent volatility of cryptocurrencies. #SEI #SeiNetwork #sei #cryptocurrency #crypto2023 $SEI

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

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to climb above the $38,000 mark early Thursday. Popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) — landed in the greens across the board. The SEI token, which was the biggest gainer on Wednesday, turned out to be the biggest loser today morning, with a 24-hour dip of over 12 percent. IOTA, on the other hand, became the biggest gainer, with a 24-hour jump of nearly 43 percent. The global crypto market cap stood at $1.43 trillion at the time of writing, registering a 24-hour jump of 0.08 percent.Bitcoin (BTC) Price TodayBitcoin price stood at $38,061.35, registering a 24-hour gain of 0.41 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 33.30 lakh.Home Business Cryptocurrency Cryptocurrency Price Today: Bitcoin Rises Above $38,000, IOTA Gains Nearly 43%Cryptocurrency Price Today: Bitcoin Rises Above $38,000, IOTA Gains Nearly 43%Cryptocurrency price on November 30 quick take: The global market cap stood at $1.43 trillion.Cryptocurrency Price Today: Bitcoin Rises Above $38,000, IOTA Gains Nearly 43%Bitcoin price stood at $38,061.35 on Thursday. ( Image Source : fabrikasimf/Freepik )NEXTPREVBitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to climb above the $38,000 mark early Thursday. Popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) — landed in the greens across the board. The SEI token, which was the biggest gainer on Wednesday, turned out to be the biggest loser today morning, with a 24-hour dip of over 12 percent. IOTA, on the other hand, became the biggest gainer, with a 24-hour jump of nearly 43 percent. The global crypto market cap stood at $1.43 trillion at the time of writing, registering a 24-hour jump of 0.08 percent.Bitcoin (BTC) Price TodayBitcoin price stood at $38,061.35, registering a 24-hour gain of 0.41 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 33.30 lakh.Ethereum (ETH) Price TodayETH price stood at $2,041.37, marking a 24-hour dip of 0.49 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.78 lakh.Dogecoin (DOGE) Price TodayDOGE registered a 24-hour gain of 1.39 percent, as per CoinMarketCap data, currently priced at $0.08177. As per WazirX, Dogecoin price in India stood at Rs 7.10.Litecoin (LTC) Price TodayLitecoin saw a 24-hour jump of 0.38 percent. At the time of writing, it was trading at $70. LTC price in India stood at Rs 6,125.20.Ripple (XRP) Price TodayXRP price stood at $0.6091, seeing a 24-hour dip of 0.52 percent. As per WazirX, Ripple price stood at Rs 52.80.Solana (SOL) Price TodaySolana price stood at $60.67, marking a 24-hour jump of 3.41 percent. As per WazirX, SOL price in India stood at Rs 5,249. Top Crypto Gainers Today (November 30)As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:IOTA (IOTA)Price: $0.248624-hour gain: 42.94 percentInjective (INJ)Price: $17.7924-hour gain: 7.58 percentTHORChain (RUNE)Price: $6.4524-hour gain: 6.03 percentKuCoin Token (KCS) Price: $8.2224-hour gain: 4.27 percentTerra Classic (LUNC)Price: $0.000122824-hour gain: 4.19 percentTop Crypto Losers Today (November 30)As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:Sei (SEI) Price: $0.24624-hour loss: 12.79 percentUniswap (UNI)Price: $5.9924-hour loss: 5.45 percentKlaytn (KLAY)Price: $0.190624-hour loss: 5.12 percentBlur (BLUR)Price: $0.509924-hour loss: 4.80 percentAxie Infinity (AXS)Price: $6.4224-hour loss: 3.96 percentWhat Crypto Exchanges Are Saying About Current Market ScenarioMudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin's trading activity has centred around the $37,800 level in the last 24 hours, aligning with Swiss asset manager Pando Asset's application to enter the Bitcoin Spot ETF competition in the US as the 13th participant. The addition of another established global player enhances the prospects of a favourable decision on the spot ETF. To maintain its positive momentum, Bitcoin will need to breach the resistance at the $38,100 level or risk finding support around the $37,700 level. Meanwhile, Ethereum remains above the $2,000 level.”Rajagopal Menon, Vice President, WazirX, said, “Bitcoin stands resilient amidst market fluctuations and currently holds a market cap of $740.47 billion, with a dominance of 49.7 percent. Notably, Bitcoin's current price is approximately $37,800, showcasing its sustained strength and growing adoption as a reliable store of value. Altcoins demonstrate diverse movements, underscoring the need for vigilance in this dynamic crypto landscape."Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “The current Bitcoin (BTC/USD) technical outlook on a 4-hour chart indicates key levels to monitor. The pivot point at $37,161 establishes a baseline, while immediate resistance is observed at $38,684. Further resistance lies at $39,933 and $41,395, serving as potential targets for bullish momentum. Solid support is evident at $35,912, with additional cushions at $34,419 and $33,140. The Relative Strength Index (RSI) at 60 suggests a tempered bullish sentiment, and the Moving Average Convergence Divergence (MACD) at 93.89 hints at a cooling bullish trend. Bitcoin's price above the 50-Day Exponential Moving Average (EMA) of $37,333 supports a short-term bullish narrative, with an ascending triangle pattern suggesting potential upward movement upon breaching the $38,000 resistance. In summary, the trend remains bullish above $37,333, with the short-term forecast eyeing a test of $38,684 resistance. Market dynamics and sentiment will likely influence the narrative in the coming days.”Shivam Thakral, CEO of BuyUcoin, said, “The crypto market remained flat over the past 24 hours with BTC and ETH trading at $37,889.93 and $2,036.21 respectively. The possibility of a rate cut by the Fed will keep the market sentiment positive as any rate cut may spark economic activity and cheer the global financial markets in the long term. As we approach the end of this year, 2024 looks promising with sustained growth for the digital asset market.” CoinDCX Research Team noted, "BTC retraced from the $38,000 resistance level following the Wall Street open on November 29, influenced by better-than-expected U.S. gross domestic product (GDP) figures. Despite the prior push above $38,000, BTC fluctuated around that level and eventually dropped after the release of U.S. macro data. Currently, BTC is hovering near that resistance level."

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.

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.

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

The current price of IOTA is $0.2351. In the last 24 hours, IOTA has experienced a positive price change of +35.2%. Over the past 7 days, the price change has been +33.22%. Technical indicators suggest a higher probability of a bearish trend for the day. The MACD (Moving Average Convergence Divergence) indicator is signaling bearish, with a total count of 8 bearish signals observed during backtesting within the past 7 days. It also suggests that there is a 37.5% chance of a bearish signal within the next hour. The RSI (Relative Strength Index) indicator does not exhibit a specific pattern, but the bearish signal has been observed 14 times during the backtesting within the past 30 days. There is a 57.14% chance of a bearish signal within the next hour according to RSI. The BOLL (Bollinger Bands) indicator does not show a specific pattern in both the short-term (7 days) and long-term (30 days) backtesting. The KDJ indicator does not exhibit a particular pattern in both the short-term (7 days) and long-term (30 days) backtesting. The market sentiment index is currently at 74, indicating a level of greed. Taking into account the funding analysis, Bybit's/Binance Major Whale Traders' position direction is bearish, with a long/short ratio of 0.68.

The ultimate washout before the bull market, be careful of the coming down panic! Bulls in the cryptocurrency market have been ecstatic recently because the Bitcoin trading price has exceeded 32,000 for many days in a row, setting a new high in recent times, which is very exciting. However, just when everyone is super bullish, the market may be about to get a big slap, and the prelude to the correction has quietly begun. Bitcoin has experienced similar trends after the 2012, 2016 and 2020 halving cycles. First there is a relief-like rally after a bear market bottom (accumulation phase), and then a long and boring correction (cooling phase, re-accumulation). Then it rose sharply again, rising by 83% in 2016 and 63% in 2020. It's up 54% so far. Interestingly, this move usually occurs 1250-1270 days after the halving, which I call the "pre-halving rally". However, just when everyone is bullish, the market may be about to give the bulls a big slap in the face. The correction in 2016 was -40%, and in 2020 it was -63%. It is still unclear how much of a blow the market will bring to the bulls. I personally think that if it occurs, it should be between -35% and 45%, which I call the ultimate washout before the bull market. Why is it said that before the bull market comes, there must be a wave of counterattack? Create emotions and cultivate emotions to slowly stabilize these people, and then rely on the liquidation mechanism of the contract to repeatedly wash out the contract players to realize the possibility of profit. Everyone is highly aware that when they make money by going long, the main force will definitely extinguish their sentiment of going long, which they will definitely do. Only when you wash and wash again and again until no one in the market believes in the bull, will the real bull come true. At present, the market is in this mood. Look how long the news about ETFs has been spreading. We are already in this mood, we just don’t know when it will end. Faced with these main traps and market fluctuations, what strategies should investors adopt? Don't be swayed by short-term market fluctuations and have a clear trading plan and risk management strategy. Do a good job of combining fundamental analysis with technical analysis. Also, don't overtrade and trade too frequently. It is necessary to have a clear trading plan and strictly implement it to avoid excessive speculation and blindly following the trend. #币安合约锦标赛 #BTC $BTC

One of the most popular meme coins on the market is rising aggressively, but Dogecoin may not be able to double in price, which is a major obstacle. In fact, there is a sizable obstacle between the leading meme coin and a massive rally that solidifies its bullish sentiment. Dogecoin is currently trading at $0.0815, up 2.71% in the past 24 hours. However, cryptocurrency analyst Ali Martinez pointed to the $0.087 mark as the main hurdle in the wait. Resilience beyond that could mean a massive upward trajectory for the meme coin. What are the obstacles to dogecoin price doubling? In the history of the digital asset space, few coins are as widely known as Dogecoin. The asset was created as a meme for Bitcoin and quickly became a viable competitor in the market. It then created its own subset of digital assets - memecoins. Now, amid the positive sentiment towards the digital asset, a bigger rally is likely. In fact, Dogecoin could double in price if it were to overcome a major obstacle to its growth. Specifically, Martinez noted the convergence of the 0.786 Fibonacci level with the 100-week and 200-week exponential moving averages (EMA). He then noted that "breaking through this barrier opens the door for DOGE to nearly double in price," continuing its positive momentum. In addition, communication Weixin: a3629421931, Martinez pointed out that the goal after the breakthrough is 0

As sentiment in the crypto market improves, major institutions have begun to predict the price Bitcoin will reach in the next bull market. Among them, Standard Chartered Bank reiterated its April prediction in its latest report. According to CoinDesk, Standard Chartered analyst Geoff Kendrick and his team said that the next catalyst will be the approval of several U.S. Bitcoin spot ETFs, which they expect "may come sooner than expected." The report reads: In short, everything works as expected. Bitcoin’s dominance remains intact – its market share of the overall digital asset market capitalization has increased from 45% in April to 50%. We now expect greater price gains than before in the run-up to the halving, especially with the earlier-than-expected launch of US spot ETFs. This suggests that Bitcoin could reach $100,000 levels by the end of 2024. In fact, as early as April this year when the encryption market was still in the cold winter, Geoff Kendrick believed that the turmoil at Silicon Valley Bank and other US banks could lead to Bitcoin’s “decentralization, trustless mechanism and scarcity” gaining consensus. It pushed Bitcoin to reach $100,000 by the end of 2024 and claimed that the "cryptocurrency winter" was over. On the other hand, Standard Chartered is also planning to provide custody services for Bitcoin (BTC) and Ethereum (ETH) to institutional clients in Dubai starting in the first quarter of 2024, and previews the creation of a cryptocurrency settlement network road. Waqar Chaudry, executive director of innovation at Standard Chartered Bank, said in an interview: Back in 2018, when places like Singapore and the United Arab Emirates were busy with crypto asset inquiries, some other regions hadn’t even differentiated between secure and non-secure status when it came to crypto assets. For this reason, we are now seeing differences in market maturity, with places such as the UAE, Japan, Singapore and Hong Kong taking more aggressive action. Technically, the Dubai International Financial Center allows us to serve clients around the world, which is a good thing. #BTC