Day: December 11, 2024

Crypto to Outpace Banking, $FLOCK Token Surges past $5.5M

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Eric Trump (second son of President Donald Trump) predicts that crypto and blockchain will soon surpass traditional banking systems. At the recent Bitcoin Conference in Abu Dhabi, Trump remarked that the current banking system is quite ‘antiquated.’ If you want a loan for your dream house, it’ll take at least 90 days. But by then, your dream house might be sold. However, blockchain can solve this issue with its faster, more efficient process. He also added that blockchain can do everything that a traditional banking system can, only faster, better,…

Solana Will ‘Step Back Into The Spotlight’ Once It Reclaims $222 – Details

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Este artículo también está disponible en español. Solana has faced a sharp 23% correction since reaching new all-time highs nearly three weeks ago. This pullback, though significant, reflects broader market conditions as Bitcoin and altcoins enter a phase of indecision. The market is currently searching for support and consolidating below critical levels, with investors closely monitoring whether this phase will lead to recovery or further downside. Related Reading Top analyst Jelle recently shared a technical analysis on X, suggesting that Solana holds promising upside potential. According to Jelle, if Solana…

Veteran traders hint at altcoin season as Bitcoin cools down

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Bitcoin’s fall below the $100,000 mark shifted the investors’ focus to altcoins, veteran traders say. Bitcoin (BTC) started its bullish momentum as Donald Trump won the U.S. presidential elections last month — rising to an all-time high of $103,900 on Dec. 5. As profit-taking kicked in, the flagship cryptocurrency fell below the $100,000 mark again. This brought increased attention to altcoins. Michaël van de Poppe, veteran crypto investor and trader, expects altcoins “to shine again” as Bitcoin faces correction.  He pointed out that Bitcoin’s current price movements look similar to…

Is the $PNUT Altcoin About To Become Another Investor Windfall?

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A crypto token based on a squirrel called Peanut ($PNUT) is seeing amazing growth, potentially making this coin a windfall opportunity for investors to get excited over. Launched on the Solana blockchain, Peanut is based on a rescued injured squirrel. Her story morphed into a cause for animal rights, but when she was put down due to public health concerns, it became a hot topic just before the election, with Donald Trump and Elon Musk wading into the conversation. One Tweet By Musk Was Enough For $PNUT to Take Off…

How Low Can DOGE Go?

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Este artículo también está disponible en español. The Dogecoin (DOGE) price is showing signs of pronounced weakness after a major price surge over the past two days. At one point on Monday and Tuesday combined, DOGE prices fell more than 21%. Following a remarkable rally since October 10—during which the memecoin surged over 360%—Dogecoin reached $0.4834 on December 8, the highest price since May 2021. However, strong downward pressure has since emerged. How Low Can Dogecoin Price Go? The current technical landscape suggests DOGE is at a critical juncture. Crypto…

GIGATONS, HEARST, and Alephium Unveil Groundbreaking Blockchain Project to Revolutionize Net-Zero Mining

PRESS RELEASE. GIGATONS, HEARST, and Alephium have unveiled a transformative, solar-powered Bitcoin Mining project with Verifiable on-chain Carbon Credits. As one of the first initiatives powered by the GIGATONS platform – a technology and funding platform aiming to mobilise $100BN to deliver gigatons of CO₂ reductions at speed and scale – this project combines green […] Source CryptoX Portal

Ex-Trump Campaign Chief’s Bullish Bitcoin Forecast

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Este artículo también está disponible en español. As the Bitcoin (BTC) price consolidates its position following a notable rally that began on November 5, speculation about its potential for further gains persists, even after the cryptocurrency briefly dipped below the $100,000 mark.  Interestingly, Paul Manafort, former campaign chairman for President-elect Donald Trump, recently expressed optimism for BTC’s upward trajectory during the Bitcoin Mena conference in Abu Dhabi. A New Era For Crypto Awaits Manafort highlighted Trump’s role as a significant supporter of the cryptocurrency market, predicting that Bitcoin will strengthen…

FBS Explores the Rise of Altcoins in 2024 Cryptocurrency Markets

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FBS, a leading global broker, highlights the resurgence of alt-season, a phase in the cryptocurrency market characterized by the growing prominence of altcoins. The 2024 alt-season reflects evolving trends in blockchain innovation, with projects like Fetch.ai integrating AI into decentralized applications and Layer 2 solutions like Arbitrum enhancing scalability. Additionally, meme coins such as Dogecoin continue with community engagement, further diversifying the market landscape. FBS analysts attribute this alt-season to technological advancements, regulatory clarity, and the anticipation of Bitcoin ETFs, which are broadening the appeal of cryptocurrencies. Altcoins aim not…

Bitcoin Flash Crash Drags Meme Coins Down: Doge, Shiba, Pepe

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Bitcoin crashed nearly 10% below its all-time high of $104,088 to a low of $94,150 on Monday. The flash crash was short-lived, but it dragged down altcoins and meme coins like Dogecoin, Shiba Inu, Pepe, Dogwifhat and Bonk.  The top 10 meme coins ranked by market capitalization noted nearly double-digit losses in the past 24 hours. As altcoin season ends abruptly, it remains to be seen whether meme coins can recover from their recent losses and hit their cycle bottom.  Bitcoin correction and meme coin price trend Bitcoin trades nearly…