Este artículo también está disponible en español. Solana has finally broken through a crucial resistance level that has kept the price subdued for months, sparking fresh optimism among investors. However, the breakout has yet to be confirmed, leaving room for excitement and caution. Prominent analyst and investor Carl Runefelt recently shared a technical analysis on Solana, highlighting that the cryptocurrency is on the verge of breaking out from a massive bullish pattern. According to Runefelt, if the breakout holds, this setup can propel SOL toward a $300 target in the…
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Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin
Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking. Source
Social engineering scams top threat to crypto users
According to Jeff Lunglhofer, Coinbase’s chief information security officer, social engineering scams are currently the biggest threat to crypto users and holders. Lunglhofer spoke to crypto.news in an interview about the rise of such scams, which are a threat to both novice and experienced crypto users. “Social engineering scams are by far the number one threat to crypto enthusiasts and crypto holders and investors today,” said Lunglhofer. Three ways to avoid social engineering scams Lunglhofer emphasized that although these scams are not unique to the crypto sector, their frequency has…
Economist Predicts Bitcoin ‘Blow-Off Top’ At $123,000 Post-Trump Win
Este artículo también está disponible en español. The 2024 US presidential election is decided. Donald Trump will get a second term, defeating Kamala Harris. In the midst of election night, the Bitcoin price rose to a new all-time high of $75,407 on Binance. The euphoria is driven by Trump’s big election promises. He wants to establish Bitcoin as a national strategic stockpile, fire Securities and Exchange Commission (SEC) Chairman Gary Gensler and generally enforce a crypto-friendly policy. While a Harris victory would have meant a short-term setback for Bitcoin according…
Dogecoin Rockets 25% as Trump Nears Victory, Top Trader Signals More Gains Ahead
“There is going to be a media frenzy about Elon and how his aggressively backing Trump and the ‘Department of Government Efficiency’ narrative could have been a deciding factor for a Trump win,” one trader said. Source
Ethereum Risk-To-Reward Ratio Is ‘Too Good To Pass Up’ – Top Analyst Sets $6,000 Target
Este artículo también está disponible en español. Ethereum is trading at a critical demand level following an 11% pullback from recent local highs. This dip has analysts and investors on edge, as losing this level could trigger a wave of aggressive sell-offs, potentially driving ETH prices lower. Amid this concern, however, prominent analyst Ali Martinez has shared an optimistic technical analysis, highlighting a strong risk-to-reward setup on the Ethereum chart. According to Martinez, the current level offers a compelling entry point, suggesting that Ethereum could see a significant upside if…
Top 3 low-cost altcoins ready to explode in Q4’s bullish run
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the crypto market gains momentum, affordable altcoins show growth potential. Discover three low-cost coins poised for explosive gains. As the cryptocurrency market gains momentum in the final quarter, certain affordable altcoins are catching the eye of investors. These low-cost digital assets are showing promising signs of significant growth potential. This article delves into three such cryptocurrencies that could experience explosive increases during the bullish surge ahead. BlastUP: The…
NFT sales drop 6% to $84.6m, Solana retains top ranking
Amidst the recent crypto market price drop, the non-fungible token (NFT) sales volume has dropped by 6% to $84.6 million. Even though the crypto market showed mild signs of a positive trajectory recently, all the gains seem to have erased now. According to CoinMarketCap data, the global crypto market cap has dropped by 1.39% at press time to $2.31 trillion. The last week, the NFT sales volume stood at $89.1 million. However, according to recent data from CryptoSlam, the NFT sales volume has slumped by 6%. NFT sales volume descended…
Urgent Plea to Trump and Harris: Create Welcoming Crypto Policy to Keep US on Top
The CEO of Paxos has issued an urgent letter to both Trump and Harris, urging them to pursue immediate crypto reforms to preserve U.S. financial leadership. Urgent Crypto Reform Needed: Trump and Harris Face a High-Stakes Decision The CEO of blockchain infrastructure firm Paxos, Charles Cascarilla, issued an open letter to Vice President Kamala Harris […] Source CryptoX Portal
Bitcoin Price Drop Leads to $250M Bullish Liquidations; Crypto Sentiment Indicator Signals Top
CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal