Day: October 2, 2024

Analyst Says Bitcoin Is In The ‘Final Test’, Here’s Where The BTC Price Is Headed Next

boss

Este artículo también está disponible en español. Bitcoin has seen a retracement from the $66,000 level, but that does not mean that the bullishness of the pioneer cryptocurrency is completely gone. It is currently sitting around 4% below $66,000, which still makes its $63,000 level very attractive for bulls. Although, given the current movement of Bitcoin, the market could see a deeper correction from here that could send its price spiraling below $60,000 once again. Bitcoin Symmetrical Triangle Could Trigger A Retest Crypto analyst Xanrox has presented a possible scenario…

Fan Tokens Have Much Larger Market Than NFTs, Says Chiliz CEO as Network Prepares a New Memecoin ‘Pepper’

Although NFTs might have less trading volume currently, at the peak of the bull market, they became the next big thing in the digital assets sector as celebrities and big brands embraced the idea of unique digital assets that are verified using blockchain. At the time, the idea of having distinct and irreplaceable assets gained prominence within various communities, including digital art, music, videos and gambling. Source

Cross-Chain Altcoin Rallies 33% After Earning Suprise Support From South Korea’s Largest Crypto Exchange

boss

A cross-chain protocol’s altcoin is soaring after Korea’s biggest crypto exchange announced support for trading. Messaging protocol Wormhole (W) shot up from a 24-hour low of $0.28 to a current value of $0.37, a more than 32% increase after crypto exchange Upbit announced support on the Solana (SOL) network. With a market cap of $959.7 million, Wormhole is now the 82nd largest crypto project. Wormhole aims to facilitate an efficient transfer of liquidity and data across various blockchains. Wormhole was launched in 2020 by Jump Crypto with help from the…

Musk X Empire Daily Investments Combo, Riddle, Rebus, and YouTube Codes on October 17

Elon Musk-inspired Telegram game X Empire is consistently improving on the mechanics behind the gameplay. Earlier this week, the team took to the X app to share the criteria for the upcoming token airdrop. The criteria were split into two to evaluate each participant’s contribution and allocate tokens accordingly. An established principle is that the more value a player brings to the community, the bigger the airdrop he gets.  Primary and Additional Criteria for X Airdrop The primary criteria center around the number and quality of invited friends, a player’s…

Solana (SOL) Holds Above $140 As Funding Rate Signals Bullish Momentum

boss

Este artículo también está disponible en español. Solana (SOL) is currently trading near a critical support zone at $145, following a 26% surge since the Federal Reserve announced interest rate cuts on September 18. After this sharp rise, SOL experienced a slight 10% dip, but the overall market sentiment remains optimistic.  Many analysts and investors hope Solana will reach new all-time highs by the end of the year, driven by positive macroeconomic trends and the growing confidence in the crypto market. Related Reading Key data from Coinglass reveals a rising…

5 Best Crypto to Buy Now As Prices Crash: Under the Radar Coins Like Pepe Unchained

The current market downturn has prompted many investors to sell and exit their positions. However, experienced traders recognize that such downturns are temporary and may present an opportunity for buying. This branded spotlight story highlights five lesser-known cryptocurrencies that could offer significant potential for those prepared to take a calculated risk. 1. Pepe Unchained (PEPU) […] Source CryptoX Portal

X Empire Unveils ‘Chill Phase’ Update: Community to Benefit from Expanded Tokenomics

Key Notes X Empire allocates an additional 34.5 billion X tokens to enhance player rewards. The Chill Phase is optional, allowing players to choose participation without affecting their initial token allocations. The Token Generation Event (TGE) is set for late October, promising a smooth launch for all participants. X Empire, a tap-to-earn game on Telegram, has revealed a new update to its tokenomics. Based on the revised tokenomics, the team has added an extra billion tokens to the community, along with an exciting new phase designed to reward players within…

Indiana Man Pleads Guilty to Stealing $38M in Crypto Via ‘Cyber Intrusion’

“These convictions reflect the relentless efforts of the U.S. Attorney’s Office and the FBI in identifying a cybercriminal, holding him accountable, and prioritizing the victims of his crimes,” said U.S. Attorney Alison Ramsdell in a Tuesday press release. “Although this defendant tried to hide in the shadows of a cyber underworld, he was not beyond the reach of our team, and today’s guilty verdicts should serve as a reminder that this Office and its law enforcement partners will bring cyber criminals to justice, regardless how sophisticated their crimes may be.”…

Cardano Investors Continue to Be Hopeful despite 11% ADA Price Drop

Key Notes If the Cardano (ADA) price recovers past $0.37, it will bring 3.31 billion ADA tokens to profitability. ADA holders remain composed, with minimal panic selling, signaling investor confidence in Cardano’s long-term potential. A breakout above the $0.37 resistance could fuel further gains, while failure to do so might result in more losses. Amid the broader market correction, Cardano’s native cryptocurrency ADA ADA $0.73 24h volatility: 2.1% Market cap: $26.12 B Vol. 24h: $1.16 B is also facing strong selling pressure. As of press time, the ADA price is…