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Veteran trader Peter Brandt warns that Bitcoin (BTC) has historically witnessed major meltdowns after failing to reach new record highs for a period of time. The legendary trader told his 742,500 followers on social media platform “Dear Bitcoiners, are you familiar with the concept of “market analog”? Here’s something to think about. It has been 30 weeks since BTC hit its ATH (all-time high). If (BTC) did not create a definitive new ATH within this period, a decline of over 75% occurred. ” Brandt says the slump in Bitcoin prices reminds him of the old adage about market weakness. “I’m…
The listing of the CARV cryptocurrency on multiple exchanges has increased its price by 65%. The distribution of tokens suggests an early stage project with growth potential. CARV, a new player in the decentralized physical infrastructure network (DePIN) space, has made a dramatic entry into the cryptocurrency market. The token was recently listed on major exchanges Bybit, KuCoin, Poloniex, and HTX, causing a massive 65% price increase and taking the cryptocurrency industry by storm. This sudden surge has caught the attention of both investors and DePIN enthusiasts. From the launch pad to the sky The price chart shows CARV’s explosive…
09:05 ▪ 3 min read ▪ Written by Eddie S. Shiba Inu (SHIB), once considered one of the leaders among meme coins, faces an uncertain future as new cryptocurrencies enter the market. Since its inception in 2020, SHIB has experienced a sharp rise, reaching an all-time high of $0.00008616 in October 2021. However, the current situation is completely different. Shiba Inu: An uncertain future in the face of the emergence of new cryptocurrencies In 2024, SHIB’s price will be approximately $0.0000172, with a market capitalization of $10.13 billion. Despite this impressive valuation, trading volumes have declined significantly, falling below 1…
The U.S. livestock industry is moving toward blockchain. CattleProof, a decentralized cattle verification service, has been approved as “Verified,” giving it the historic title of being the USDA’s first blockchain-based Process Verification Program (PVP). CattleProof is a Wyoming company that uses distributed ledger technology to store data on individual cattle. Blockchain for livestock verification An electronic identification tag attached to each animal provides a combination of data that records the animal’s condition, location, and many other attributes, and is stored immutably on the blockchain. This change dramatically facilitates tracking with farm-to-fork traceability, allowing farmers to monitor cow health in real-time…
The crypto market is gaining momentum, but not as much as the initial hype of “Uptober”. Bitcoin (BTC) is on the rise, and altcoins are not far behind. Ethereum (ETH) price predictions are promising, as a bull market is set to take place between this quarter and the first months of 2025. At the same time, Ripple (XRP) is growing explosively despite its legal standoff with the US SEC. However, sentiment is low on the fact that the stock was down 15x at the peak of this bull market. Meanwhile, DTX Exchange (DTX), a new hybrid exchange token hailed as…
Dogecoin (DOGE), the popular meme-based cryptocurrency, is currently trading at $0.1112, showing signs of a possible bullish breakout. DOGE is emerging from a multi-year descending triangle pattern, a technical formation that has historically formed prior to significant price increases.In previous instances, this pattern suggests that it could cause a rebound of up to 200%, allowing Dogecoin to rally to $0.2236, a level last seen in December 2021.Important points: Dogecoin could soar 200% following a breakout from a multi-year descending triangle pattern. Whale accumulation and short-term traders have been driving recent price movements, demonstrating confidence in DOGE. A break above $0.1120…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. A cryptocurrency veteran predicts the Cybro altcoin will soar 8,500% by 2025, competing with Polkadot and Cardano. A crypto veteran has made a bold prediction about a promising new altcoin. The cryptocurrency, known as Cybro, is expected to soar 8,500%. By 2025, it could rival well-known companies like Polkadot and Cardano. See how this startup could shake up the market. CYBRO defies market headwinds and powers DeFi investments with smart AI solutions CYBRO is changing the DeFi landscape by…
Bitnomial cryptocurrency exchange has filed suit with the US SEC (Securities and Exchange Commission) in response to the regulator’s plan to assert jurisdiction over the exchange’s planned XRP futures product. The SEC recently issued a Wells Notice to exchanges indicating potential litigation, as XRP futures products are securities and must be registered with the Commission. Bitnomial claims that XRP futures are supervised by the Commodity Futures Trading Commission and is seeking a court ruling that would reduce the SEC’s regulatory burden. US-based cryptocurrency exchange Bitnomial sues the Securities and Exchange Commission (SEC) over the regulator’s claims of authority over the…
Jorg Hiller October 13, 2024 06:32 Madrid-based startup Therapyside uses AI tools to improve the connection between therapists and clients, and employs NVIDIA technology to streamline therapy processes and improve session productivity. In an effort to bridge the gap in mental health services, Madrid-based startup Therapyside is equipping therapists with advanced AI tools that strengthen the connection between therapist and client. The initiative comes as the World Health Organization highlights significant disparities in mental health resources, with only 13 mental health workers per 100,000 people worldwide. Therapeutic partnership powered by AI Therapyside, a member…
Currently trading at $0.5368, XRP is facing increasing pressure as the cryptocurrency stabilizes within a bearish flag pattern. The legal battle between Ripple and the US Securities and Exchange Commission (SEC) continues to shape market sentiment.After three years of legal conflict, a US court has ruled that XRP is not a security, but the lawsuit remains pending as Ripple has filed a cross-appeal to challenge the SEC’s actions. It’s in progress.The outcome of this lawsuit could have far-reaching implications for the regulatory landscape of virtual currencies. Ripple believes that settlements and court decisions will impact how other digital assets are…