Day: October 16, 2024

Neiro Coin Blows Up 4,608%—Can It Sustain The Momentum?

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Neiro Coin (NEIRO) has captured the attention of the crypto market, experiencing a whopping 4,608% increase in value within a mere 30 days. The memecoin’s extraordinary 48x return in a single month was a result of its precipitous rise from $0.000039 to $0.002. Neiro explodes in price in the last month. Source: Coingecko Despite this dramatic rally, the coin has slowed down its momentum, losing 15% from its peak of $0.0022. Price forecast from CoinCodex still calls for further increases in the future for the cryptocurrency, foreseen to reach 219%,…

Ethereum Bulls Set Sights on $3K: Is a Rally Coming?

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Este artículo también está disponible en español. Ethereum price started a fresh increase above the $2,550 resistance. ETH is gaining pace and might soon clear the $2,650 resistance. Ethereum started a fresh increase above the $2,520 and $2,550 resistance levels. The price is trading above $2,580 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $2,535 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rally if it clears the $2,650 and $2,680 resistance levels. Ethereum…

Bitcoin Price Gains Steam: Is a New Surge on the Horizon?

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Bitcoin price started a fresh rally above the $65,500 resistance zone. BTC is now consolidating and might clear the $68,000 resistance to continue higher. Bitcoin is up over 7% and now shows a lot of positive signs. The price is trading above $66,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $66,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rally further if there is a close above the $68,000 resistance zone. Bitcoin…

Analysts Link Bitcoin Rally to Trump’s Election Odds – Microstrategy Gains Set Stage for a Breakout

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Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to Microstrategy’s stock, soaring 191% this year, as a key signal of a looming market breakout. With Trump leading in key swing states, his election odds are igniting a stronger crypto […] Original

Classic Games Meet Web3: Snake on Solana

Join Regina as she explores SOL Arena, a new battle royale on the Solana network that combines the simplicity of Snake with the intensity of Web3 competition. Last Week’s Quick Recap Nifty Island is a decentralized metaverse and social platform where players can build, explore, and engage in a virtual world. It emphasizes land ownership […] Source CryptoX Portal

On-Chain Metrics Reveal Bitcoin Demand Is Growing – Can BTC Break ATHs In Q4?

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Este artículo también está disponible en español. Bitcoin surged over 5% yesterday, following a positive day across the crypto market. This sudden price boost has sparked optimism among investors and analysts, anticipating even bigger gains in the coming months. Market sentiment is improving alongside price action, fueling hopes for a sustained rally. Related Reading Key data from CryptoQuant suggests that Bitcoin demand is rising, supporting the idea that Bitcoin could continue to climb. This growing demand and the improving market sentiment create a favorable environment for bullish momentum. Continuing the recent…

Ripple Reveals Exchanges for Stablecoin RLUSD Launch

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Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves, government bonds, and cash equivalents, RLUSD is positioned to enhance financial solutions while ensuring transparency and stability. Ripple Introduces RLUSD […] Source

Crypto Analyst Identifies Bull Flag That Could Send Solana Price To $1,400

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Este artículo también está disponible en español. Among the various altcoins in the market, the Solana price has been performing relatively well, experiencing slight price surges here and there. Based on a crypto analyst’s prediction, Solana could be creating up for a major bull flag that could send its price to new all-time highs above $1,000. It’s important to note that Solana is currently trading at less than one-ninth of this projected price target of $1,400. SOL Bull Flag Points To $1,400 Price Increase A crypto analyst on X (formerly…

Bitcoin Surge Looms as US Election Nears — Standard Chartered Predicts BTC Rally to $73,800

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Banking giant Standard Chartered is predicting a sharp rise in bitcoin’s value, with forecasts suggesting it could approach its all-time high of $73,800 as the U.S. presidential election nears. Rising Treasury yields, growing interest in bitcoin ETFs, and Trump’s improving election odds are key factors driving this potential rally, supported by increasing institutional inflows and […] Original

Trump’s lead over Harris up to 15%

Polymarket betting data showed the biggest lead former President Donald Trump has boasted over Kamala Harris since she joined the race. Less than three weeks before the U.S. presidential election, Polymarket users bet on an approximate 58% chance that Republican candidate Donald Trump will prevail over Democratic ticket holder Kamala Harris. Sentiment on the decentralized prediction market recorded 15 percentage point difference in victory odds, the largest gap between the two presidential frontrunners seen on the platform so far. As of publishing, the odds of Harris winning the White House…