Author: admin

advertisement Based on the rising whale accumulation, Cardano (ADA) could be poised for bullish momentum thanks to decreasing selling pressure. According to Santiment data, the number of whales with Cardano balances between 1 million and 10 million has surged after reaching 2,462 this month, demonstrating their confidence in the ADA ecosystem. Source: Santiment Since cryptocurrencies are typically held for future purposes other than speculation, consolidation of holdings by top players is considered bullish. As such, the soaring holding culture is engulfing ADA, and the 11th-ranked cryptocurrency is stepping up its efforts to break out of the symmetrical triangle. Source: TradingView…

The S&P 500 fell for three days in a row for the first time since early September. BTIG believes further downside is possible in the short term. Chief market technician Jonathan Krinsky said there was a “good chance” the market-wide index could fall as much as 5% to about 5,500 in the coming weeks. The S&P 500 has fallen this week from its record high set on October 17th. On Wednesday, the benchmark used by most professional investors closed at 5,797.42. Krinsky pointed to the recent rise in U.S. Treasury yields as a major factor. On Wednesday, the 10-year Treasury…

What is the current price of Ethereum? The price of Ethereum (1 ETH) is trading at $2,529.37 as of 8 a.m. ET. The highest intraday price Ethereum reached in the past year was $4,088.00 on March 12, 2024. ethereum chart *Return comparisons are as of 8 a.m. ET. Ethereum is not the first altcoin, but it is the most popular and successful. This cryptocurrency was born in 2015. Its blockchain has generated tremendous growth and revenue over the past nine years. ethereum price This chart captures data as of 8 a.m. ET each day and does not display intraday highs…

Check out the companies making headlines before the bell. Tesla – The electric car maker’s stock soared nearly 13% thanks to better-than-expected third-quarter profits. CEO Elon Musk said the company expects auto growth to be between 20% and 30% next year. United Parcel Service – Parcel stock rose more than 7% after the company’s third-quarter earnings and sales growth. During the period, UPS earned $1.76 per share on revenue of $22.25 billion, beating LSEG’s consensus estimates of $1.63 per share on revenue of $22.14 billion. Lam Research – Shares rose more than 6% after the semiconductor equipment maker’s first-quarter earnings…

According to Eric Chen, CEO of Injective Labs, stablecoins are expanding beyond crypto trading and will soon impact the broader financial system. What Happened: In an interview with Benzinga, Chen said stablecoins will transform the industry by addressing inefficiencies in mainstream finance and increasing transaction speed and accessibility across global markets. He emphasized that this was planned. He believes that stablecoins will soon become the basis for key financial processes, especially in areas such as cross-border payments and capital formation. “We’re talking about reducing all kinds of international wires and money transfers to a matter of minutes, seconds,” Chen told…

The Vietnamese government has announced a detailed roadmap aimed at positioning the country as a leading hub for blockchain technology. The roadmap includes a five-step action plan that will lead to legal reforms and the establishment of international cooperation for blockchain research and development. According to government estimates, if this plan is strictly implemented, Vietnam could become the center of blockchain innovation in Southeast Asia by 2030.According to a report by a government-backed Vietnamese publication, Vietnam plans to cultivate 20 blockchain brands covering different service and operational fields over the next seven years, based on the “National Blockchain Strategy”.To achieve…

14:05 ▪ 3 min read ▪ Written by Eddie S. The cryptocurrency market has experienced significant movement recently, especially with the notable rise in Bitcoin. Below are current trends, technical indicators, and on-chain indicators that provide insight into the dynamics affecting BTC price this week and the future prospects of the queen of cryptocurrencies. Is Bitcoin headed for a new bullish trend? Recently, Bitvavo published an in-depth analysis of the crypto market highlighting Bitcoin’s recent performance. According to this analysis, the price of BTC experienced a significant increase of over 10%, rising from 57,500 euros to over 63,000 euros in…

This is an edition of our newsletter, Pulling Weeds With Chris Black, in which our columnists reflect on hot topics in culture. Sign up here to get it delivered to your inbox every Thursday.It’s always interesting to see bands break up in public. The most recent example is the reunited Jane’s Addiction, who got into a physical altercation on stage in Boston in September. Midway through “Oceancise,” burly frontman Perry Farrell punched guitarist Dave Navarro for reasons that are still unclear. Farrell had to be restrained, Navarro left the stage and the show ended abruptly, along with the tour. A…

The founder and CEO of stablecoin company Tether (USDT) said whoever wins the next US presidential election should support the growth of cryptocurrencies. Paolo Ardoino said in an interview that while the United States has always been the world’s undisputed leader, this is not the case when it comes to cryptocurrencies. “The United States has always been a leader in technological development in every field, but I think this is the first time in history, growing up, that I’ve seen the United States drop the ball.” Ardoino said one of the issues he hopes the next U.S. president will address…

Ethereum, synonymous with innovation and dominance in the blockchain space, is beginning to show signs of vulnerability. At the time of writing, Ethereum price was $2,549.72, down 2.55% in just 24 hours, adding to its 2.65% decline for the week. Concerns are growing over high transaction costs, slow processing times, and an inability to break out of key price ranges, with many wondering whether these issues are signs of deeper trouble for Ethereum. There is. Meanwhile, JetBolt (JBOLT) is rapidly emerging as an exciting new entrant, gaining attention with its successful early adoption drive.Will Ethereum manage to overcome these growing…