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Showing posts from October, 2024

Kaspa Price Prediction: KAS Plunges 14% In A Week Amid Bull v Bear Battle As Investors Go All-In This New GameFi Token ICO

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The Kaspa price has plunged 14% in a week and 2% in the last 24 hours to trade at $0.1131 as of 03:37 a.m. EST on trading volume that edged up 5% to $108.8 million. This comes amid what seems like a bull v bear battle, with bullish investors seeing the continued downtrend as a buying opportunity while bearish traders anticipate a continued downtrend. Kaspa Price Prediction: Could KAS Rebound From The Current Bearish Trend? The Kaspa price chart has shown a downtrend since October, evident by the lower highs and lower lows forming a descending channel. According to data from GeckoTerminal , the bears took full control of the asset within the $0.15 resistance. KAS bulls could have utilized the death cross around $0.1620, as the 50-day Simple Moving Average (SMA) crosses below the 200-day SMA. With the recent downtrend, the Kaspa price trades below both SMAs, a testament to the continued bearish stance. The Relative Strength Index (RSI) is around 44.79, which is just below the neutr

Florida Eyes State Bitcoin Stockpile for Retirees, Inspired By Trump

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Florida Chief Financial Officer Jimmy Patronis is pushing an idea for state pension funds using a Bitcoin stockpile. The official was inspired by Donald Trump’s crypto policy, which is in support of Bitcoin and the crypto industry. Patronis said in a letter to the state’s investment managers that they should follow Trump’s ideas and push for a Bitcoin pension fund for retirees. “I believe this forethought and innovative thinking from a successful businessman like President Trump must not be taken for granted,” the state CFO said in a letter to the executive director of Florida’s State Board of Administration. “Bitcoin is often called ‘digital gold,’ and it could help diversify the state’s portfolio and provide a secure hedge against the volatility of other major asset classes.” Florida To Follow Trump’s Footsteps Of Bitcoin Support? Other states around the nation have indulged in Bitcoin ETFs and pensions. The success of Bitcoin ETFs since their launch earlier this year have fueled id

Popcat Price Prediction: POPCAT Pumps 24% In A Week As Experts Say Consider This Vote-To-Earn Meme Coin For 10X Gains

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The Popcat price has surged 24% in the past week after climbing 2% in the last 24 hours to trade at $1.70 as of 3.20 a.m. EST on trading volume that dropped 18% to $183.44 million. The token spent most of the last seven days fluctuating between a support at $1.40 and a resistance at $1.60, only to break this barrier in the early hours of Tuesday, Oct. 29. POPCAT and DOGE are the joint top-performing meme coins among the top 10 largest meme coins by market capitalization in the past week. Popcat Price Prediction The big question now is what will happen to POPCAT moving forward. Right now, the meme coin market is seemingly experiencing another correction, with all meme coins trading in the red on an hourly basis. When it comes to weekly performance, some are in the red, while others remain in the green, although by a fairly small percentage. POPCAT is seeing a discrete price correction as well, although it remains in the green for the time being. Still, its price has dropped to the

Shiba Inu Price Prediction: SHIB Soars 11%, But Traders Turn To This PEPE 2.0 For 1000X Potential

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The Shiba Inu price has soared 11% in the last 24 hours to trade at $0.00001874 as of 7:30 a.m. EST on a 173% pump in trading volume to $938 million Shiba Inu Price May Encounter Resistance: Bearish Reversal Ahead? The Shiba Inu price action reveals a “Head and Shoulders” pattern, signaling a possible bearish reversal. The pattern shows an initial price peak around $0.000925, followed by a rise to the Head’s peak at approximately $0.001020, marking the highest point. Subsequently, the price declined, leading to the formation of the Right Shoulder, which reached around $0.000950 before pulling back again. If confirmed, this pattern could indicate a bearish reversal ahead. The Neckline Support, marked at approximately $0.000880, is critical to watch because it connects the shoulders and head dips. If the price breaks below this neckline support, it would confirm the bearish reversal and could lead to a deeper decline. SHIBUSD Analysis Source: Tradingview Shiba Inu Price A

Bitcoin Price Hits $70K As VanEck Eyes $3M BTC By 2050, But Analysts Say Consider This ICO For Staking Rewards On DOGE, SHIB, And PEPE

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The Bitcoin price surged almost 5% in the last 24 hours to trade at $70,851 as of 00:16 a.m. EST on trading volume that skyrocketed 149% to $45.7 billion. This comes as fund management giant VanEck Bitcoin says Bitcoin will become a reserve asset held by central banks and used in global trade, helping its price surge to $3 million by 2050. That would meant BTC appreciating by an average 16% annually over the next 26 years. BREAKING: VanEck predicts #Bitcoin will be used in global trade and become a reserve asset worth $3 million by 2050. VanEck also projects central banks making a 2% allocation to $BTC 16% year on year growth for 26 years.🤑 pic.twitter.com/g7uBJ6nwQu — Radar🚨 (@RadarHits) October 28, 2024 Bitcoin Price Aims At Sustaining The Bullish Stance The Bitcoin price has been in a bullish rally since August, as the bulls capitalized on the $53,760 support to propel the token towards a bullish rising channel pattern, according to data from GeckoTerminal . With the pri

Bitcoin bull cycle ‘didn’t even start yet’, says analyst

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Bitcoin (BTC) might have reached new all-time highs in 2024, but the pioneering cryptocurrency has seen a period of sideways trading since March, struggling to decisively breach the psychologically important barrier of $70,000, and at times dropping to as low as $54,000. As it stands, the long-awaited month of ‘Uptober’, which was supposed to ignite a renewed bull run, is unlikely to materialize.  At press time, BTC is trading at $68,930 — having rallied by 5.16% over the course of the last thirty days. Picks for you Crypto trader turns $3.5k into $3.2 million in two days, for a 914x return 1 hour ago Here's why Silver's bull run hasn't even started 1 hour ago

Top Crypto to Invest in Right Now October 27 – ORDI, Litecoin, Hedera

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Ripple CEO Brad Garlinghouse is optimistic about the future of cryptocurrency in the U.S., regardless of upcoming election results. He views the current regulatory challenges as a temporary “speed bump” and believes skeptics are overlooking the industry’s growth potential. Garlinghouse also noted that, despite political tensions, both major U.S. political parties have shown a growing openness to digital assets and blockchain technology.  This growing openness could lead to clearer, more supportive regulations soon, bringing stability to the market. In response, investors are closely watching for promising tokens, hoping to identify those with the potential for strong returns as the regulatory landscape evolves. This Analysis reviews the top crypto to invest in right now based on their technological promise, use cases, and market positioning. Top Crypto to Invest in Right Now Theta Labs has announced that Hankuk University of Foreign Studies (HUFS) is now using its EdgeCloud AI se

Goldman Sachs Predicts the Future of BRICS Currency

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Former Goldman Sachs Chief Economist Jim O’Neill, who coined the abbreviation ‘BRICS’ in a Global Economic research paper in 2001, spoke about the upcoming common currency during an interview with Business Today. The 16th summit in Russia’s Kazan region ended on Thursday with several developments and announcements taking place at the gathering. Also Read: The Gloves Are Off: BRICS Is Officially Challenging the US Dollar The first development was a mock-up BRICS currency given to Vladimir Putin showcasing the need for a common tender. The alliance is looking to end reliance on the US dollar and settle payments in the common currency. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Also Read: Western Leaders React to BRICS 2024 Summit Former Goldman Sachs Economist Predicts the Future of BRICS Currency Source: Business Today TV The ex-Goldman Sachs Economist O’Neill, who coined the phrase BRICS is skeptical about the future of the curr

Top Crypto Gainers Today Oct 24 – Jito, Turbo, Bitget Token, JasmyCoin

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Cryptocurrency is becoming a part of everyday life for many people around the globe. Recent insights from venture capital firm Andreessen Horowitz show that the excitement around projects like Solana is only just beginning. As more folks look for smarter financial solutions, tokens like Jito are stepping into the spotlight. Today, let’s analyze the top crypto gainers. We’ll see how these dynamic projects are capturing attention and paving the way for a more accessible future in the crypto market.   Biggest Crypto Gainers Today – Top List A quick highlight of our Analysis reveals that Jito leads the pack with a 12.62% gain, driven by expanding validator partnerships. Turbo follows closely, boasting an astounding 9,886% increase over the past year, fueled by major platform listings.  Meanwhile, Bitget Token has risen 2.89%, showcasing stability with attractive trading incentives. Lastly, JasmyCoin edges up 1.19% and impressively shows a 450% yearly increase, spurred by innovations l