Day: December 28, 2023

Crypto moving to exchanges after in 11 weeks; Render’s rival rallying

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The cryptocurrency market has been retracing, with net exchange inflows of $33 million and an end to Bitcoin’s (BTC) positive seven-day growth streak. However, InQubeta (QUBE) has bucked this trend by raising over $7.6 million in its presale and generating 175% returns for early investors. Many experts are backing QUBE to extend gains once it launches on exchanges. Analysts bullish on InQubeta In 2024, cryptocurrency projects are expected to thrive due…

Predictions Point To New All-Time Highs In First Half Of 2024

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Binance Coin (BNB), despite experiencing a significant decline earlier this year due to market volatility and the SEC lawsuit against Binance and its founder Changpeng Zhao (CZ), has shown remarkable recovery and promising prospects.  Recent data indicates a resurgence in the BNB price, driven by the growing usage of decentralized applications (DApps) on the Binance Smart Chain (BSC).  Additionally, BNB’s fundamentals, including impressive market cap figures and increased revenue, further contribute to the positive momentum.  BNB Price Rally Fueled By DApp Adoption?  After witnessing a sharp decline from its yearly…

Bitcoin Price Regains Strength – Why BTC Could Still Remain In Range Before 2024

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Bitcoin price found support and started a decent increase above $43,000. BTC is rising, but it might struggle to clear the $44,300 and $44,500 resistance levels. Bitcoin tested the $41,650 zone an started a fresh increase. The price is trading above $43,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance near $43,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move surge toward the main resistance at $44,300. Bitcoin Price…

Changpeng Zhao’s net worth increased by $25b in 2023

Binance founder and former CEO Changpeng Zhao saw his net worth grow by a whopping $25 billion in 2023 despite market challenges and Binance’s regulatory troubles. This year came with its unique challenges and market volatility. However, amid the issues, the market leveraged an opportunity to recover from the losses of the previous year triggered by the Terra and FTX implosions. The recovery campaign saw Zhao’s net worth, majorly denominated in cryptocurrencies, surge by astronomical margins, according to a recent Bloomberg report CZ’s net-worth ballooned this year over $20 billion.…

Analyst Predicts Major Surge Sparked By This Catalyst

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As the crypto industry marches into 2024, Ethereum draws significant attention from analysts and investors alike. Amidst the swirling currents of the crypto market, Ethereum stands at the cusp of what some analysts are predicting to be a ‘transformative period.’ This anticipation stems from two crucial developments: an impending network upgrade and the potential approval of Ethereum-based spot ETFs, according to renowned analyst CryptosRUs. Catalysts For Growth: Upgrades And Spot ETF Approval The Ethereum network is gearing up for its next major upgrade, slated for January 2024. This upgrade, known…

Dogecoin Whale Moves 71 Million DOGE To Robinhood, What Does This Mean For Price?

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A Dogecoin whale address recently made a transfer of 71.2 million DOGE valued at $6.3 million into Robinhood from a private address. According to various social media posts by whale transaction tracker Whale Alerts, large DOGE transfers in and out of exchanges have seen an uptick since the beginning of the week. At the same time, the price of DOGE has traded between a high end of $0.097 and a low end of $0.089. Massive DOGE Transfer Into Robinhood The uptick in massive DOGE transfers from whales has had investors…

Solana and XRP trending, analysts expect this P2E coin to rally

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana (SOL) soared to over $110 on Dec. 26. XRP has been slow NuggetRush will offer gold rewards and NFTs. Solana has been firm, while XRP has been gradually rising since November. Analysts are also eyeing NuggetRush (NUGX) as a potential Solana competitor. NUGX is up 50% since the start of the presale.  Solana nears $130 SOL rose from less than $30 to over $110 in just a few…