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A top crypto analyst and trader believes Dogecoin (DOGE) could reach new highs this cycle. Pseudonymous analyst Don Alto told his 591,700 followers on social media platform X that the meme coin could appreciate more than 624% from its current value. “This is a chart from my paper. I bought around $0.12 and I think it could go up to $1 unless the crypto market disappears again. I said I don’t know. So will you, no one is going to hold your hand if you turn around. This is essentially a useless and worthless meme, and only the retarded can…
Since the Bitcoin halving in April, major Bitcoin miners have chosen one of two strategies: holding on to the BTC they mined or leveraging artificial intelligence (AI). It’s starting. With the BTC halving, the amount mined by miners will be cut in half every four years. This is a deflationary mechanism that also helps maintain the hard cap of 21 million Bitcoins.Public miners such as MARA Holdings, Riot Platforms, and CleanSpark hold the BTC they mine in hopes of increasing its value over time.Wolfie Chao, an analyst at research firm TheMinerMag, told Bloomberg:“By avoiding selling Bitcoin too quickly at a…
Dogecoin’s recent price rally to $0.1491 has pushed the Relative Strength Index (RSI) into overbought territory, suggesting a possible change in momentum. An RSI above 70% suggests that the token may be overvalued and increases the likelihood of a price correction. With buying pressure waning, market participants are starting to prepare for a correction move, making this a pivotal moment for DOGE’s price trajectory. This article aims to analyze Dogecoin’s recent rise to $0.1491, with the RSI indicating an overbought situation. Assess whether the rally has peaked and whether a potential decline is imminent, providing insight into key technical indicators,…
During Saturday’s low volatility, Litecoin price surged 3% to trade at $75.3. The bullish trajectory will likely be fueled by an on-chain recovery and a significant breakout from the price. Can LTC price build enough momentum for a $100 recovery or are sellers ready to fight back? On-chain trading volume hits 16-month peak, Litecoin price target is $100 Litecoin’s on-chain transaction volume soared to nearly $4 billion in a single day, the highest level in 16 months, according to Santiment data. A surge in trading volume as prices recover indicates that buyers will be summoned to drive higher price increases.…
Peshkov/Getty Images/Image Photo Commitment to readers The GOBankingRates editorial team is committed to delivering unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services. Our reviews and ratings are not influenced by advertisers. Learn more about our editorial guidelines and how we review products and services. 20 yearsHelping you live a richer life trusted millions of readers Blockchain technology, the technology that keeps cryptocurrencies safe, has come a long way since its inception. Currently, this technology not only powers popular cryptocurrencies such as Bitcoin and Ethereum, but also serves as a means of storing and trading…
Peshkov/Getty Images/Image PhotoBlockchain technology, the technology that keeps cryptocurrencies safe, has come a long way since its inception. Currently, this technology not only powers popular cryptocurrencies such as Bitcoin and Ethereum, but also serves as a means of storing and trading non-fungible tokens (NFTs) and supporting the tokenization of real estate and art. .Learn more: 5 alternative investments recommended by experts: How they work and when to invest.Read next: 9 things you must do to grow your wealth in 2024Blockchain is faster and more secure than traditional transaction methods, plays a huge role in financial planning and wealth transfer, and…
Blockchain technology, the technology that keeps cryptocurrencies safe, has come a long way since its inception. Currently, this technology not only powers popular cryptocurrencies such as Bitcoin and Ethereum, but also serves as a means of storing and trading non-fungible tokens (NFTs) and supporting the tokenization of real estate and art. .Learn more: 5 alternative investments recommended by experts: How they work and when to invest. Read next: 9 things you must do to grow your wealth in 2024Blockchain is faster and more secure than traditional transaction methods, plays a huge role in financial planning and wealth transfer, and promises…
Ethereum (ETH) is valued at $2,617.65 as of October 17, 2024, and has a market capitalization of $315.13 billion, making it in a very strategic position. The technical chart shows an ideal bullish reversal pattern known as a rounded bottom, suggesting that Ethereum could be on track to regain or even surpass its all-time high of $4,864. Masu. Still, it could plummet to $1,200 depending on various market factors and the overall macroeconomic situation. Ethereum (ETH) price prediction in 2024 The most extreme estimates claim that the price of Ethereum could reach around $4,800, but there are also models that…
The crypto community is buzzing with excitement, with experts believing that Ethereum’s new rival could soon reap significant gains. The expert expects this Ethereum rival WallitlQ (WLTQ) to return up to 300 times the current Dogecoin price by November 2024. The current outlook is bullish, promising good returns for Dogecoin investors who participate in the WallitlQ (WLTQ) presale. WallitIQ (WLTQ) revolutionizes crypto management with AI-driven insights and frictionless payments WallitIQ (WLTQ) is different from other DeFi wallets with innovative features such as portfolio management, built-in artificial intelligence, predictive analytics, and notifications. These features are intended to help users better protect…
Praxis and Blockstream made headlines this week, each raising six-figure funding rounds, according to the latest data. Cryptocurrency VC funding has seen a notable spike in the past seven days compared to last week, when Ithaca led the way with $20 million raised. However, this week, as Bitcoin (BTC) regained the $68,000 level, crypto.news analyzed and collected data from October 13th to October 19th. According to Crypto Fundraising, the companies that topped the list are: Praxis, $525 million Praxis is the first network nation building an online community of like-minded people. The company raised $525 million, making it the top…