Day: August 26, 2024

FET Explodes 60% After New Project Announcement

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FET has been red-hot of late and is touting a price increase of over 60% this week, which is greater than some of the bigger cryptocurrency players such as Bitcoin, Solana, and TRON. A big chunk of this upward momentum is hailed directly from Fetch.ai’s new announcements, including a brand-new global Innovation Lab being opened in San Francisco, California, which is going to really push at the boundaries of AI technology. FET muscles its way up to a 60% weekly burst. Source: Coingecko Investors’ excitement has been driven by their…

Rumble CEO Leaves Europe After Pavel Durov’s Arrest

Chris Pavlovski, founder and CEO of Rumble, an independent online video platform, has reported that he left Europe after the arrest of Telegram CEO Pavel Durov. Pavlovski criticized the measures taken against Durov, stating that France had “crossed a red line” by arresting him for not censoring speech. “Rumble will not stand for this behavior […] Source CryptoX Portal

Can Ethereum regain momentum and outperform Bitcoin in 2024?

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Ethereum has outperformed Bitcoin in terms of price performance, especially when looking at time frames since its inception, halving years, and bull market periods. However, ETH has consistently underperformed since the bear markets of 2018-2019 and 2022-2023. In the 2024 halving year, for the first time, Ethereum is considerably trailing behind Bitcoin. In fact, it has been underperforming against Bitcoin for the past three years. ETH/BTC ratio plummets to 3.5-year low Although fractals, a concept where similar patterns repeat over different timeframes, are not a foolproof method for predicting future…

Here’s Why It’s Your ‘Last Chance To Buy Bitcoin’

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Trying to time the Bitcoin bottom as the perfect time to buy is a pursuit for many cryptocurrency traders. As a result, crypto analysts have used various indicators in the quest to predict the best time to buy Bitcoin. This pursuit has not waned even with the BTC price hitting a new all-time high earlier this year, as crypto analyst R.N. Elliot has sounded the alarm for what he believes is the best time to buy the leading cryptocurrency. Time To Buy Bitcoin The analyst’s chart points to a “Double…

Solana Price (SOL) Could Spark Another Rally by Clearing $162

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Thai Authorities Raid Illegal Bitcoin Mine After Power Outages Spark Resident Complaints

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Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming electricity that the occupants of the house were not fully paying for. Bitcoin Mine Raided Amid Resident Power Outage Complaints Authorities in Thailand […] Original

XRP Price Faces Challenges: Will It Overcome and Rise?

XRP price is consolidating above the $0.5920 level. The price could start a fresh increase if it clears the $0.6050 resistance zone. XRP price is eyeing a fresh increase from the $0.5920 level. The price is now trading below $0.600 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.6020 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.6050 resistance zone. XRP Price Aims Higher XRP price…