#best altcoins for next bull run | Explore Tumblr Posts and Blogs

ailtrahq · 1 year

Text

The crypto space is dynamic and characterized by constant shifts and trends. Recently, two tokens have gathered attention for notable developments: Bitcoin ($BTC) and InQubeta ($QUBE). First, Bitcoin, the pioneering and best cryptocurrency, experienced a surge in addresses, which experts believe signals a bullish trend. Meanwhile, InQubeta, an AI altcoin, recorded a significant milestone as it raised over $3.5 million in its ongoing presale. This article will explore the developments, particularly why InQubeta is one of the altcoins to watch in the coming months. Let’s dive in. InQubeta ($QUBE): A whopping $3.5 Million in Presale InQubeta ($QUBE), an up-and-coming player in the crypto landscape, has recently achieved a significant milestone by surpassing $3.5 million in its presale. This achievement underscores its popularity in the crypto scene and investor confidence in its value proposition. Moreover, its innovative concept, an intersection of blockchain and AI, appeals to investors and enthusiasts. With a combination of factors contributing to the massive show of interest in InQubeta, it is well-positioned as the best crypto to invest in. As a fascinating blend of disruptive AI innovation and blockchain technology, InQubeta aims to reshape the AI industry and introduce a novel use of crypto by becoming the pioneering crowdfunding platform for AI startups via cryptocurrency. It intends to reimagine the fundraising scene in the AI sector by allowing startups to source funds through $QUBE. The platform aims to open up the AI market to investors and enthusiasts by removing entry barriers. Therefore, InQubeta will not only be transforming the AI industry but also introducing unique use cases for crypto, including AI startup fundraising and investments. Furthermore, fundraising and investment activities will be held within its NFT marketplace. Here, AI-based startups will mint investment opportunities, tokenized as NFTs, to raise funds. Next, the investment-backed NFTs will be fractionalized into bits and offered to investors, allowing them to hold stakes in profitable AI ventures regardless of their income. In addition to this innovative concept, another key appeal of InQubeta, which will contribute to its growth, is the perks of holding the token. First, it will serve as a governance token. This will empower holders to actively participate in the platform’s decision-making process and have a say in its future direction. Second, by staking $QUBE, investors can earn rewards from its dedicated staking pool funded by a 5% sales tax. In light of its unique concept, real-world application, and imminent adoption, InQubeta has immense room for growth. According to industry experts, it will soar by 20x in 2023, making its current price of $0.0133 a steal. Therefore, it is the best new crypto to invest in. Bitcoin ($BTC): Uptick in Wallet Address In an exciting turn of events that might be the beginning of a full-blown bull season, Bitcoin ($BTC) experienced a rise in its number of active addresses. Notably, one of the key indicators that analysts closely monitor is active addresses, which provide insight into user activity and adoption. Bitcoin is experiencing an uptick in addresses, positioning it as the top crypto to invest in for its anticipated bull run. It is currently hovering above $27,000 but appears to be gathering momentum. With confidence renewed by this bullish indicator, Bitcoin will experience an influx of investors and skyrocket. Hence, Bitcoin is a crypto to look out for in the coming days or weeks. Conclusion In conclusion, the uptick in Bitcoin’s address and InQubeta’s astounding milestone of $3.5 million in its ongoing presale are remarkable developments. With these representing bullish signals, Bitcoin and InQubeta are positioned as the best cryptos to invest in. While Bitcoin is freely traded, InQubeta can be purchased by following the link below. Visit InQubeta Presale Join The InQubeta Communities The post Bitcoin Address Surge Signals Bullish Trend; InQubeta Passes $3.

5 Million appeared first on Analytics Insight.

0 notes

primorcoin · 2 years

Photo

New Post has been published on https://primorcoin.com/ftx-bankruptcy-filing-details-binances-crypto-industry-fund-and-a-u-s-cbdc-pilot-hodlers-digest-nov-13-19/

FTX bankruptcy filing details, Binance’s crypto industry fund and a U.S. CBDC pilot: Hodler’s Digest, Nov. 13-19

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

Read also

Features

Despite the bad rap, NFTs can be a force for good

Features

This is how to make — and lose — a fortune with NFTs

Most Memorable Quotations

“In systems where there is no self-custody, the custodians accumulate too much power and then they can abuse that power.”

Michael Saylor, executive chairman of MicroStrategy

“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here.”

John Ray III, new CEO of FTX

“I repeat… EXIT ALL THE MARKETS”

Il Capo Of Crypto, independent cryptocurrency trader and analyst

“Everything would be ~70% fixed right now if I hadn’t [filed for Chapter 11 bankruptcy]. […] But instead I filed, and the people in charge of it are trying to burn it all to the ground out of shame.”

Sam Bankman-Fried, former CEO of FTX

“I’m sure there are multiple players that will probably get impacted […] in the following weeks, you know, small, large — but I would say [FTX] in terms of magnitude will be one of the larger ones before the whole cycle really ends.”

CK Zheng, co-founder of ZX Squared Capital

“To date, efforts by billionaire crypto bros to deter meaningful legislation by flooding Washington with millions of dollars in campaign contributions and lobbying spending have been effective.”

Brad Sherman, United States Congressman

Prediction of the Week

Bitcoin price may still drop 40% after FTX ‘Lehman moment’ — Analysis

Bitcoin fell below $16,000 early in the week. The asset subsequently rallied back to $17,000, only to face rejection around the level on multiple occasions throughout the week, according to Cointelegraph’s BTC price index.

Due to the FTX situation, QCP Capital now expects that BTC may possibly fall to $12,000, according to its Elliot Wave theory chart analysis.

“This underperformance of all crypto assets is here to stay until the bulk of uncertainty has cleared up — likely only near the turn of the new year,” QCP said on Telegram.

FUD of the Week

Crypto.com accidentally sends 320k ETH to Gate.io, recovers funds days after

Speculation about the health and solvency of Crypto.com reached a boiling point this week after the digital asset exchange sent 340,000 ETH to Gate.io. The transfer was flagged as suspicious by some members of the crypto community because it occurred around the time that exchanges were publishing proof-of-reserves in the wake of FTX’s collapse. Crypto.com claims that 100% of user-owned cryptocurrencies are held in cold storage, so the transfer to Gate.io was confusing to some crypto sleuths. Crypto.com CEO Kris Marszalek later revealed that the funds were sent to Gate.io accidentally.

Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds

Speaking of Gate.io, it along with crypto exchange Huobi has been under fire for allegedly sharing outdated snapshots of its digital asset reserves that included loaned funds. Obviously, some investors were suspicious that Gate.io received a top-up from Crypto.com before publishing its proof-of-reserves. However, Gate.io founder Lin Han revealed that the snapshot in question was taken on Oct. 19, two days before Crypto.com accidentally transferred 240,000 ETH. Huobi, meanwhile, has yet to explain why it transferred 10,000 ETH to Binance and OKX wallets soon after releasing its snapshot.

FTX crisis could extend crypto winter to the end of 2023: Report

The 2022 bear market has been unlike anything we’ve ever seen in crypto, with the collective failures of Terra (LUNA), Celsius, Voyager, FTX and BlockFi still reverberating across the industry. According to new research from Coinbase, the FTX collapse and its resulting contagion effects could extend crypto winter for another year. “The unfortunate events surrounding FTX have undoubtedly damaged investor confidence in the digital asset class,” the report read. “Remediation will take time, and very likely this could extend crypto winter by several more months, perhaps through the end of 2023 in our view.”

Best Cointelegraph Features

Blockchain and the world’s growing plastic problem

“People are being asked to make changes to help mitigate climate change, but I can’t pull a CO2 molecule from the air and show it to you.”

Designing the metaverse: Location, location, location

“People imagine this as a second life… in the virtual world, people can have a better virtual house than others.”

Banks still show interest in digital assets and DeFi amid market chaos

Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions.

The most engaging reads in blockchain. Delivered once a week.

Editorial Staff

Cointelegraph Magazine writers and reporters contributed to this article.

Source link

#Binance #Blockchain #BNB #Coinbase #CoinbaseNews #Crypto #CryptoExchange #CryptoNews #Huobi #TraedndingCrypto

#Binance #Blockchain #BNB #Coinbase #coinbaseNews #Crypto #CryptoExchange #CryptoNews #Huobi #TraedndingCrypto #CryptoPress #Trending Cryptos

0 notes

coinprojects · 2 years

Photo

New Post has been published on https://coinprojects.net/two-old-school-cryptocurrencies-that-could-surprise-investors-in-2022/

Two old-school cryptocurrencies that could surprise investors in 2022

The cryptocurrency market is never short of surprises. In 2021, Shiba Inu came out of nowhere and became one of the best-performing cryptocurrencies. Its 48,000,000% rally created lots of millionaires out of small investors. At the moment, the cryptocurrency is seemingly at the end of a multi-month bear market. As such, it can be an excellent time to start scouting for cryptocurrencies that have the potential to rally unexpectedly and give investors a high ROI. From our analysis, here are three cryptocurrencies that could rally unexpectedly in the next cryptocurrency bull run.

Ethereum Classic (ETC)

Ethereum Classic (ETC) has been around for a while now. However, Ethereum Classic has underperformed Ethereum for years. That’s because, after the 2016 fork, the momentum shifted towards Ethereum, relegating ETC to an outlier chain.

However, changes in the Ethereum blockchain have created the perfect conditions that could give a new lease of life to Ethereum Classic. One of these conditions is the upcoming Ethereum merge.

After the merge, the Ethereum blockchain will run purely as a Proof-of-Stake network. Miners who own Ethereum ASIC miners are likely to turn to Ethereum Classic. That’s because it is the only other cryptocurrency with which Ethereum mining equipment is compatible.

Ethereum Classic is one of the best performing cryptocurrencies in July, as Ethereum miners turn to it. As more miners turn to support ETC, the network will become more secure, which could also drive adoption. This factor could make ETC one of the top cryptos with good odds of outperforming the market in the next bull run.

NEO (NEO)

Neo (NEO) is another old-school cryptocurrency that underperformed in the last cryptocurrency bull run. This is because it has been overtaken by newer cryptocurrencies that investors believe have better prospects. However, there is a good chance that NEO could do well in the future. That’s because the NEO team has reimagined NEO, making it attractive for Web 3.0 projects. Given that Web 3.0 is expected to be the next big thing in the evolution of blockchain technology, NEO could give investors a surprise going into the best.

Besides this, NEO is one of the easiest blockchains for anyone looking to create a smart contract. This factor could draw in many businesses looking to make smart contracts without investing much in coding experts. It is one of the factors that could see NEO pull a surprise, especially now that it is starting to attract attention again.

Source link By Motiur Rahman

#Altcoin #Bitcoin #BlockChain #BlockchainNews #Crypto

#Altcoin #Bitcoin #BlockChain #BlockchainNews #crypto #Blockchain #CryptoPress

0 notes

bitcofun · 2 years

Text

Let's take a more detailed take a look at today's altcoins revealing breakout signals. We'll describe what the coin is, then dive into the trading charts and offer some analysis to assist you choose. 1. Fundamental Attention Token (BAT) Basic Attention Token BAT is the token that powers a brand-new blockchain-based digital marketing platform developed to relatively reward users for their attention while offering marketers with a much better return on their advertisement invest. The Basic Attention Token itself is the system of benefit in this marketing environment and is exchanged in between marketers, publishers and users. Marketers spend for their marketing campaign in BAT tokens. Out of this budget plan, a little part is dispersed to marketers, while 70% is dispersed to users-- whereas the intermediaries that generally increase marketing expenses are eliminated of the formula to enhance cost-efficiency. BAT Price Analysis At the time of composing, BAT is ranked the 68 th cryptocurrency worldwide and the present cost is US$ 0.4032 Let's have a look at the chart listed below for cost analysis: Source: TradingView BAT has actually dropped almost 70% from its Q2 2022 high and 82% from its November 2021 all-time high. Support may have formed recently from $0.3834 to $0.3565 and must hold if bulls are all set for a bounce. This zone overlaps with an inefficiently traded location on the weekly chart from $0.3763 to $0.3294 If this level breaks, bears may target an inefficiently traded location on the regular monthly chart from $0.3047 to $0.2732 Listed below this level, $0.2545 to $0.2380 might offer assistance after a work on bulls' stops under the Q4 2020 lows into a location of considerable build-up. The closest resistance starts near $0.4583 This level has confluence with the 9 EMA and a quick debt consolidation prior to May 11's spike downward. A more substantial rally may discover resistance near $0.5140 This level is inefficiently traded and has confluence with the lows of last summer season's build-up and the 18 EMA. If the marketplace ends up being more bullish, $0.6146 might supply the next resistance. This level is a little above the May monthly open, overlaps with several old lows and lines up with the 40 EMA. 2. Orion Protocol (ORN) Orion ORN intends to resolve the problems in carrying out lucrative deals related to the absence of liquidity on most of crypto exchanges. This holds true for both centralised and decentralised exchanges. Orion's option to this is to aggregate exchanges' order books into one simple-to-use-and-understand terminal. The Orion Protocol's objective is to assist users get the very best returns out of their financial investments while likewise decreasing the dangers connected with utilizing numerous exchanges. ORN Price Analysis At the time of composing, ORN is ranked the 397 th cryptocurrency internationally and the present rate is US$ 1.30 Let's have a look at the chart listed below for cost analysis: Source: TradingView After a 75% retracement from its April highs, ORN discovered a short-lived low near $1.20 A current relocation above $1.49 might be the very first indication of a bullish shift-- however might likewise indicate a stop run prior to the next drop lower. If the marketplace embraces a more bullish tone, the rate might go through the most current swing high. If this bounce happens, it would likely discover some resistance near $1.63, perhaps rising to $1.85 However, a relocation listed below the closest assistance near $1.25 makes stop operate on the swing lows near $1.21 and $1.18 most likely. A confluence of a number of levels near $1.16 might supply a momentary bounce. Still, a continual bearish market will likely target $1.12 and even $1.00 3. Zilliqa (ZIL) Zilliqa ZIL is a public, permissionless blockchain created to provide high throughput with the capability to finish countless deals per second. It looks for to resolve the concern of blockchain scalability and speed by utilizing sharding as a second-layer scaling service.

The platform is house to numerous decentralised applications, and it likewise permits staking and yield farming. The native energy token of Zilliqa, ZIL, is utilized to process deals on the network and perform wise agreements. ZIL Price Analysis At the time of composing, ZIL is ranked the 67 th cryptocurrency internationally and the present cost is US$ 0.04687 Let's have a look at the chart listed below for cost analysis: Source: TradingView ZIL's 85% drop discovered a low near $0.03368 prior to closing over a weekly high around $0.04682 This day-to-day close over the high might indicate a shift in market structure that may reach possible resistance near $0.06032 A continual bullish relocation might target the swing high at $0.05860 If this stop run takes place, a run beyond the high into possible resistance near $0.06384 and $0.06645 is possible. Bulls might purchase a retracement to possible assistance near $0.04258, simply above the weekly open. A bearish turn in the market might move the cost towards possible assistance near $0.03926 However, reasonably equivalent lows near $0.03714 and $0.03524 offer an appealing target for bears if the market resumes its bearish pattern. An operate on these lows may discover assistance in between $0.03315 and $0.03069 Learn How to Trade Live! Join Dave and The Crypto Den Crew and they'll reveal you reside on a webinar how to take your crypto trading to the next level. Where to Buy or Trade Altcoins? These coins have high liquidity on Binance Exchange, so that might aid with trading on AUD/USDT/BTC sets. And if you're taking a look at purchasing and HODLing cryptos, then Swyftx Exchange is a user friendly popular option in Australia. Market Analysis Basic Attention Token (BAT) Crypto News Orion Protocol (ORN) Trading Zilliqa (ZIL) Disclaimer: The material and views revealed in the posts are those of the initial authors own and are not always the views of Crypto News. We do actively examine all our material for precision to assist safeguard our readers. This short article material and links to external third-parties is consisted of for details and home entertainment functions. It is not monetary guidance. Please do your own research study prior to getting involved. Read More

0 notes

cryptodailysun · 3 years

Text

On Wednesday a FOMC meeting (Federal Open Market Committee) took place. The S&P 500 and crypto markets reacted positively to news that the federal reserve will hike interest rates for the first time since 2018, by 25 basis points. The US dollar and Gold (risk off assets) moved lower in valuation, whereas stocks and Bitcoin (risk on assets) moved up, and altcoins, seen as even more risk on, pumped the hardest. Bitcoin is up 0.5% in the past 24 hours, currently at $40,700, towards the top of a sideways range it’s been in for two months. If it manages to break out to the upside it could result in 2022 altcoin season once money trickles down to lower marketcap coins. Ethereum gained 3%, currently at $2770 – when ETH leads BTC that can also act as an indicator of the next altcoin season or ‘alt season’ as many altcoin protocols depend on the strength of Ethereum as a Layer 1 coin. Altcoin Season 2022 Some of the largest gainers are low cap coins like CELO and LBLOCK, gaining around 15-20% on the day. Despite a delay in their NFT launch the native token of the Lucky Block project has bounced over 100% since briefly retesting the $0.002 level. Other top gainers include some of the best DeFi coins and coins related to NFTs. Altcoin season 2022 incoming? All of the above coins are listed on eToro. To confirm a bullish market structure and potentially the next crypto bull run Bitcoin next needs to break the $45k resistance level. Next FOMC Meeting Eight scheduled FOMC meeting take place each year. One took place in January. The next will be in May, June, July, September, November and December – visit Federalreserve.gov for the calendar schedule. Financial policies, monetary goals, economic projections are discussed and various announcements made which influence the financial markets. Buy Lucky Block Cryptocurrency markets are highly volatile and your investments are at risk. Go to Source

0 notes

cryptonewspod · 7 months

Text

Top Altcoins in March 2024, That Can Give Good Profits!

Top Altcoins – The cryptocurrency market is running hot, Bitcoin is rising rapidly, and the value of Bitcoin has crossed $61,000 for the first time since November 2021. The recent surge in Ethereum (ETH), Cardano (ADA), Solana (SOL), and Dogecoin (DOGE) has led the total crypto market cap to exceed $2.3 trillion. Cryptocurrency investors are looking at the potential to make nice profits, with a…

View On WordPress

#10 Best Cryptocurrencies To Invest In March 2024 #Best AI Altcoins to Invest in March 2024 #best altcoins for next bull run #Top 10 Altcoins Of 2024 #Top 13 Altcoins for 2024 #Top Altcoins in March 2024 #Top altcoins in march 2024 list #What are the top 5 altcoins?

0 notes

the-bitcoin-news · 3 years

Text

Solana (SOL) could crash by nearly 30% even after the recent bullish run

Solana (SOL) has in recent days been a top performer in the crypto market. But as bulls continue to push the price action further, SOL is starting to approach a key resistance zone that could bring significant selling pressure. Our analysis is below but first, check out some highlights:

Solana (SOL) is approaching the crucial $115 overhead resistance zone after recent bullish momentum.

if bulls don’t rise above that price, the coin will retrace its price, tanking by nearly 30% in the process.

At the time of writing, Solana (SOL) was trading at $105, down 6% in 24-hour intraday trading.

Data Source: Tradingview.com

Solana (SOL) – Price analysis and prediction

It looks like Solana has been going through a honeymoon period over the last few days. After losing much of its 2021 gains in January, the rebound has come fast for SOL. In fact, the altcoin has surged by a whopping 40% in the last 8 days alone.

But as bulls continue to push the price action upwards, SOL is now approaching a crucial overhead resistance zone of $115. If indeed bulls are not able to effectively test that price and surge above it, then we are likely to see SOL retrace its initial demand zone of between $78 and $65.

This will represent a correction of nearly 30%. But if indeed the upward momentum keeps going above that threshold, then it’s conceivable that SOL will hit $180.

Should you buy Solana (SOL) now?

There is a lot of good stuff about Solana as a blockchain network. In fact, the SOL ecosystem has been expanding really fast over the last few years. As far as altcoins go, it is one of the best you can have. However, I would wait for the next few days to see if a retracement towards $78 happens. This will give you a superb discount.

The post Solana (SOL) could crash by nearly 30% even after the recent bullish run appeared first on Coin Journal.

#cryptocurrency

0 notes

cryptocoinguides · 3 years

Text

Crypto Market is About to MOON NEXT MONTH

All right welcome back everybody to altcoin daily, my name’s Austin in today’s video. I want to share with you undeniable proof that this crypto market bull run is not over the mainstream. Media won’t share with you charts like this, but i will this channel will and not just bullish data but bearish data as well. So you have the full picture, so you can make the best decision, for you we’ll also talk about the metaverse as well as top altcoins. Making news so check the timestamps down below in the video description and if you’re interested in making money with cryptocurrency click subscribe.

Right now we drop a video every single day, demystifying this cryptocurrency market, let’s jump in starting with what are the bitcoin miners doing, because BTC miners who have been in the space for a long long time, usually have a pretty good finger on the pulse of what Is happening in this market and as of today, the data is clear that btc miners aren’t selling bitcoin miners. Unspent supply is currently sitting at just 500 bitcoin below its all-time high, meaning these coins that are issued to miners as a reward for solving a block have never been spent on chain so once they mine them into existence, they’re choosing not to sell they’re choosing to Hold in fact, miners started hotline significantly more btc since march 2020, the pandemic crash and have not sold, except for one instance since so this is a super, strong, fundamental indicator and, let’s just look at the data, the orange is the miner’s unspent supply and the gray Is bitcoin’s price action and we can see starting in march 2020, the pandemic crash, even though price action was consolidating, there’s a lot of fear in the market. Bitcoin miners started to accumulate heavy, they knew something they knew potentially where the market was headed and right now, where we stand today, we are just 500 BTC below the all-time high of miners accumulating and by the way, we cannot only use this metric to understand. If slash y bitcoin is headed in a bullish direction in a bullish trend, we can also use this to help understand if bitcoin’s about to enter a bearish trend about nine months ago. Around march may 2020.

2021. Excuse me 2021, when bitcoin topped out the first time around a 65 000 BTC. It was months earlier that the miners started to sell into that price rise again. They had their finger on the pulse. They were understanding for some reason that maybe bitcoin was getting a little overvalued and they started to sell in as the bitcoin price continued to climb higher right now, even though the price is dipping, the miners are still accumulating all right.

I, like it, give me your thoughts down below in the video comment section seriously. How much credence do you put into this minor activity comment down below and next up since we’ve talked about minor activity, let’s now take a look at what is happening on chain and use bitcoin’s nvts to see if the bitcoin network is overvalued or undervalued, based on On chain activity, nvts is a bit of a granddaddy as far as on-chain indicators go, but it still works. This is from willy woo. It doesn’t signal oversold very often, but that’s exactly what the signal is indicating now and for perspective. The last time we saw something like this, where bitcoin’s nvts signaled, that the network as a whole was.

This undervalued was once earlier this summer, where we flash crashed to under a 30 000 btc people were screaming that bitcoin was headed lower, but the on-chain data was telling us that the network was undervalued. The time we saw before that was during the march 2020 pandemic crash again, people were screaming bitcoins headed lower, but in retrospect a great time to buy. So i love this a very strong, fundamental indicator and just to clue everybody in what exactly is bitcoin’s nvt signal. Well, it measures the network value, basically meaning the market cap. How much the bitcoin network is valued at over what activity is actually happening on chain?

A high nvt signal or uptrend indicates that investors are pricing bitcoin a little high at a premium as the market cap growth has sort of outpaced. The actual activity happening on chain high nvt signal values have historically coincided with market tops, as opposed to low nvt signals or downtrends. This indicates that investors are pricing bitcoin at a discount, as the on-chain activity is outpacing. The market cap growth, low nvt signal values have historically coincided with market bottoms. I hope that was clear and, as we can see right now, we are at an extremely low bitcoin nvt signal.

I will keep my eye on this. I will keep you updated and next up that does bring us to the next obvious question that if the on-chain fundamentals are so bullish, why is price still consolidating so bearish? Well, bitcoin continues to consolidate as a macro. Uncertainty creates weakness across global markets. So it’s not just cryptocurrency, but there is fear, uncertainty and doubt across all markets.

Right now, comparing bitcoin’s price performance to the s p, 500 and gold all are declining in unison, just something to be mindful of with these ongoing virus variance scares. So, like i said earlier, please please give me your thoughts on all of this down below in the video comment section. In my opinion, when we see bearish price action due to fear uncertainty and doubt yet bullish on chain fundamentals and strength in the network as a whole, that’s usually a great time to buy. If you believe in the underlying asset, i’m not a financial advisor, make your own decisions, but let’s keep moving and by the way, just to be real with you on this channel, it’s not always just going to be opium or just going to be a one-sided analysis. I will always try to the best of my ability to give you both sides of the bitcoin, so you can make the best decision for you, the grayscale bitcoin trust has just hit its largest discount ever so grayscale’s flagship bitcoin product is now trading at over a 21 discount the largest ever in its eight year, long history.

So this is a bearish indicator, because it does tell us that traditional slash institutional investors, people who use grayscale aren’t even willing to buy a piece of bitcoin with this massive discount. This means that new investors can purchase gbtc shares at prices significantly lower than the actual market value of bitcoin, while the existing hodlers face losses due to the sixth month lockup period for the initial investment so plain and simple, i would say that until this discount becomes More neutral, i would be in no rush to turn ultra bullish right now, immediately bullish long term waiting watching consolidating short term and next up. Let’S talk about ethereum, the metaverse, but real quick. I do want to take 60 seconds and give a big shout out to sponsor of the channel okcoin a better way to bitcoin join the fastest growing global cryptocurrency exchange with the lowest fees around. So, while this is a global cryptocurrency exchange, they are regulated in the us which i like and it’s true that they do have much lower fees than other crypto exchanges out there to understand how that’s possible.

I will link our 18 minute interview with ok coin’s, head of listing. He goes into detail. Why ok coin? Is the better option link down below check it out and the final two things i’ll mention which i think are important to you? Is they not only have the top coins the most popular coins on their exchange, but they also have newer coins as well as metaverse coins listed on their exchange as well, which i like and number two ok coin also has 100 percent feel staking.

So you keep 100 of all staking rewards earned. There is a link down below altcoin daily, okay coin, link down below check it out all right, what’s happening with ethereum well, instagram is now actively exploring nft integration says their ceo, adam massari, basically figuring out how to make nfts more accessible through their platform and rather Than read you, this story, let me just play you this 15. Second clip of adam massari answering this question on nfts watch this nothing to announce yet, but we are definitely actively exploring nfts and how we can make them more accessible to a broader audience. I think that’s an interesting place that we can play and also a way to hopefully help creators, okay, short and sweet, as i get more info i’ll, keep you updated and next up huge piece of news for the metaverse chinese investment right now is pouring into the Metaverse, this is the data that we just got in the first week of december, the beijing language and culture university put out its list of the top 10 internet buzzwords of 2021, so the whole year and separately, the website yahwen zia, zawi its name means buzzwords or Chewing words released its own top ten buzzwords of the year and metaverse made both lists and was the only non-chinese word on the second list. So this tells us that this metaverse revolution is not just in the western world.

It’S very much in the eastern world as well, and according to major business data site taiyan yancha china has registered more than 7 000 trademarks related to the metaverse. Give me your thoughts on this down below. I want to be real with you that to me this is a bullish and bearish indicator, because we have seen with the banning of bitcoin how china feels about decentralized cryptocurrencies. They prefer control, they prefer centralized and i would guess they would want their metaverse and the metaverse that their people get into adopt to be centralized as well and next up low cap. Altcoin news for energy web energy web is a global non-profit, accelerating the low-carbon customer-centric energy transition by unleashing the potential of open source, digital tech.

So energy web is a cryptocurrency incentivizing green, renewable energy and the news today is their coming to polka dot. We are thrilled to announce our partnership with parity tech to build the energy web consortia relay chain in 2022. The energy web consortia relay chain will be positioned as the first multi-chain network connected to polka dot. In a final direct quote from the ceo of energy web foundation on what this means, we continue to onboard major energy companies to our open source technology stack to accelerate the energy transition. But there is a massive amount of innovation happening in other web3 ecosystems, such as polkadot and kusama, and we want to make sure that this innovation comes to the energy sector by working with parity to bring the consortia relay chain to life.

We can give our members access to new innovations like on-chain governance, native interoperability, robust scalability and other features that substrate and polka dot enable innovations like these will help our community move even faster in our work to create real-world impact on the global energy transition. So, love to see the progress good for polka dot great for energy web and that’s the video my name’s austin, like always see you tomorrow, [ Music ], you

The post Crypto Market is About to MOON NEXT MONTH appeared first on Crypto Coin Guides.

via Crypto Market is About to MOON NEXT MONTH

#bitcoin news #ethereum news #xrp news #cardano news #crypto news #best cryptocurrency to buy #best crypt

0 notes

ailtrahq · 1 year

Text

The best-performing cryptocurrency projects are not the most established and extensive cryptocurrencies. Most projects that reach 100x are typically altcoins with smaller market caps but have massive utility and functionalities. Finding these projects is fairly easy. However, the challenge becomes holding these tokens and coins until they make 100x returns through capital gains. One of the most prominent upcoming crypto projects is Bitcoin Spark. This is Why Bitcoin Spark will be 100x in the incoming bull market. The best crypto projects to buy The best crypto projects to buy are usually those with massive potential to generate significant gains quickly. Bitcoin and Ethereum are great investment deals. However, more lucrative deals in altcoins, such as Bitcoin Spark, are more lucrative, and only a few investors have found out about them. Bitcoin Spark attracts whales from other projects like Ethereum due to its outstanding roadmap that indicates the platform’s imminent success in becoming the top Bitcoin alternative network. Bitcoin Spark is the ultimate crypto gem investors are talking about Bitcoin Spark stands out as an upcoming crypto platform that intends to solve the shortcomings experienced by network participants on the Bitcoin network. Bitcoin Spark has pioneered an improved consensus mechanism, a cheaper and scalable network, faster transaction speeds, and a decentralized ecosystem. To achieve its objectives, Bitcoin Spark will provide an open-source network with cheaper transaction costs associated with increased node operators and reduced running costs. The reduced transaction costs allow the network to compete against major blockchain networks like Ethereum. The Bitcoin Spark network will allow anyone with a smart device to become a network validator through the Bitcoin Spark ethos feature. The mining will occur in software applications for different but common operating systems found on smart devices today. Mining activities on these devices make the process available to millions worldwide. On the contrary, Bitcoin mining is highly centralized, and most mining activities are initiated and executed by two mining firms, Foundry USA and Antpool. The increased node operators offer a true path to decentralization. Since many participants will run the network, it would be next to impossible to conduct a 51% attack, a risk to the Bitcoin network. Upon mainnet release, BTCS tokens will be the network’s gas coin, and users will pay for transaction fees using the coin. The charges will initially resemble the charging systems in gas networks like Ethereum and Bitcoin, where the fee will vary depending on the instantaneous demand, amount transacted, and product revenue. Users who execute transactions with a higher product revenue than BTCS market capitalization will incur lower gas free. On the flip side, participants who initiate transactions with a lower product revenue will incur higher charges. However, these charges will still be competitively lower than those incurred on the Bitcoin and Ethereum networks. The network will, however, convert to a gasless network after implementing its plan of establishing two income sources. The income generated from these two revenue sources will be used as mining rewards that network participants will have to “work” on the network to get allocated to their designated individual BTCS addresses. BTCS tokens are currently available for $3 in the ongoing presale for investors looking to 100x their portfolio in the incoming bull cycle. Learn more about Bitcoin Spark on:- Website: Buy BTCS: Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.

0 notes

primorcoin · 2 years

Photo

New Post has been published on https://primorcoin.com/nfts-banned-in-minecraft-sec-lists-9-tokens-as-securities-and-3ac-founder-blames-cockyness-for-company-meltdown-hodlers-digest-july-17-23/

NFTs banned in Minecraft, SEC lists 9 tokens as securities and 3AC founder blames cockyness for company meltdown: Hodler’s Digest, July 17-23

Top Stories This Week

3AC founders reveal ties to Terra founder, blame overconfidence for collapse

After five weeks of being AWOL, the founders of defunct crypto hedge fund Three Arrows Capital (3AC), Su Zhu and Kyle Davies, resurfaced via an interview with Bloomberg. The duo admitted to operating the firm with overconfidence as a result of the multi-year bull market. They also noted that they were very close with Terra founder Do Kwon and, despite running a major hedge fund, were shocked that the project’s extremely risky algorithmic stablecoin went bust. Zhu and Davies said they overlooked several red flags as a result of the kinship.

Mojang Studios bans Minecraft NFT integrations

Minecraft developers Mojang Studios banned nonfungible token (NFT) integrations in their wildly popular flagship game this week. The firm cited issues with NFTs being associated with price speculation, exclusion and rug pulls. “To ensure that Minecraft players have a safe and inclusive experience, blockchain technologies are not permitted to be integrated inside our client and server applications,” the firm announced. Crypto-skeptic gamers also called on Fornite developer Epic Games to follow suit, but the company said it “definitely won’t” institute a similar ban.

SEC listing 9 tokens as securities in insider trading case ‘could have broad implications’ — CFTC

The U.S. Securities and Exchange Commission (SEC) has listed nine crypto assets as securities as part of the insider trading case against former Coinbase product manager Ishan Wahi. The SEC named Powerledger (POWR), Kromatika (KROM), DFX Finance (DFX), Amp (AMP), Rally (RLY), Rari Governance Token (RGT), DerivaDAO (DDX), LCX, and XYO. These were just nine of a total of 25 different assets that were allegedly used for insider trading.

Experts reveal what Tesla’s $936M sell-off means for Bitcoin

Following the news that Tesla sold 75% of its Bitcoin in Q2 for roughly $936 million, experts have remained relatively unfazed. Markus Thielen, chief investment officer at digital asset manager IDEG, told Cointelegraph that Tesla likely sold off its BTC as it was “seen as a distraction from their core business.” Financial consultation site Finder’s share trading expert, Kylie Purcell, suggested that many firms have moved to “shore up capital in cash currencies” amid the current macroeconomic climate. Some Twitter users even called the move a “nothingburger,” implying that Tesla’s move may ultimately be insignificant.

Amazon.eth ENS domain owner disregards 1M USDC buyout offer on OpenSea

On Tuesday, the Amazon.eth ENS domain belonging to an anonymous OpenSea user fetched a bid of 1 million USD Coin. It has become a common practice for speculators to register ENS domains under the names of prominent entities in hopes of scoring a big payday. The bid went unanswered, however, and it is unclear why such a large sum of money was ignored. The next largest bid on the domain totaled just 6,300 USDC.

Winners and Losers

At the end of the week, Bitcoin (BTC) is at $23,478.96, Ether (ETH) at $1,598.64 and XRP at $0.36. The total market cap is at $1.06 trillion, according to CoinMarketCap.

Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are Ethereum Classic (ETC) at 71.03%, Bitcoin Gold (BTG) at 50.95% and Lido DAO (LDO) at 48.60%.

The top three altcoin losers of the week are TerraClassicUSD (USTC) at 17.08%, Elrond (EGLD) at 5.05% and Internet Computer (ICP) at 1.85%.

For more info on crypto prices, make sure to read Cointelegraph’s market analysis.

Most Memorable Quotations

“All the Ethereum killers from back in the day didn’t succeed, and I don’t expect them to succeed at all.”

Freddy Zwanzger, Ethereum ecosystem lead at Blockdaemon

“Developers should be free to decide how to build their games, and you are free to decide whether to play them.”

Tim Sweeney, Founder and CEO of Epic Games

“Don’t try to fix fraudsters or Nazis or terrorists. They will remain. They existed before the internet and they’ll exist after.”

Tomer Poran, vice president of business development at ActiveFence

“Crypto revolutionized how people use the web, as we’ve seen Chrome extensions utilized. If we can prove this in mobile devices, that will be a game changer.”

Anatoly Yakovenko, co-founder of Solana

“The Merge upgrade is like changing the engine on a plane mid-flight. We are overhauling everything from the consensus algorithm to the execution environment.”

Vasily Shapovalov, co-founder of Lido

“I would not be surprised if Tesla keeps nibbling in Bitcoin when Bitcoin stabilizes, otherwise they would have sold 100%.”

Markus Thielen, chief investment officer at IDEG

Prediction of the Week

Bitcoin may hit $120K in 2023, says trader as BTC price gains 25% in a week

The price of BTC could be heading to $120,000 next year, according to a Bitcoin trader who goes by TechDev on Twitter. They flagged the True Strength Index (TSI) for BTC as evidence, a metric that uses several base calculations to determine how overbought or oversold the asset is at a particular price. According to TechDev, the asset’s price decline since November has remained on trend, and if historical patterns repeat themselves, BTC could pump to a peak of between $80,000 and $120,000 next year.

FUD of the Week

Gemini cuts more staff as many crypto prices increase: Report

Gemini, the crypto exchange owned by Cameron and Tyler Winklevoss, reportedly cut another 7% of its employees this week. The move came just two months after the firm laid off 10% of its employees as a result of the current bear market. The report came from TechCrunch, which cited a source close to the firm who noted that Gemini had 68 fewer employees on the company’s Slack channel this month.

FBI issues public warning over fake crypto apps

This week, the U.S. Federal Bureau of Investigation issued a public warning over fake crypto apps. The FBI estimates that the apps have duped investors out of a whopping $42.7 million so far. Cybercriminals are said to have created the apps using the same logos and branding as legitimate crypto firms to scam investors. The FBI stated that 244 people had already fallen victim to these fake apps.

Skybridge announces suspension of withdrawals from one of its crypto-exposed funds

Taking a cue from firms such as Celsius and Voyager, SkyBridge Capital has suspended withdrawals from its crypto-exposed Legion Strategies fund. Founder Anthony Scaramucci stated the decision was made to “temporarily suspend until we can raise capital inside the fund.” He stated that there was “definitely no fear of any liquidation whatsoever.”

Best Cointelegraph Features

The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin

Widely credited as the inventor of digital cash, David Chaum is sometimes known as the “father of online anonymity” or the “godfather of cryptocurrency,” whose work inspired the near-mythical group called the Cypherpunks from which Bitcoin emerged.

Will intellectual property issues sidetrack NFT adoption?

In posting NFT artwork on social media, a new owner could be breaking intellectual property laws. A “wave of litigation has already begun.”

How blockchain technology is used to save the environment

It’s hard to overestimate the role blockchain technology will play in achieving more sustainability and lessening the climate crisis.

Source link

#Blockchain #Coinbase #CoinbaseNews #Crypto #CryptoNews #TraedndingCrypto

#Blockchain #Coinbase #coinbaseNews #Crypto #CryptoNews #TraedndingCrypto #CryptoPress #Trending Cryptos

0 notes

sycriptouk · 3 years

Text

Buying when the market is in fear is the best way to be profitable (and sane) in crypto

OK, most will say "thank you mr. Obvious", but by fear I mean significant lows, like the 30K level (~50W SMA) back in May-July and 40K (20W SMA) during September.

Maybe the title is oversimplifying the subject a bit, and maybe I am still inexperienced to express such absolute statements. But, what I have learnt till now is that for someone to be in crypto, they have experienced FOMO and greed, and this is what brought them to the space. This creates a euphoric mindset when we are in a wild bull run; you believe everything will just go up forever, you are filled with greed, and - especially if you have no prior investing experience - you are making decisions based on emotions rather than some long term strategy and pre-defined goals and exit points.

I first entered the crypto space in January, pure FOMO. However, my first decision was a good one: I used an amount I was comfortable with losing if everything went south to buy ETH. My rationale was, Bitcoin was already through the roof and ETH could one day pull out something similar. Yeah, I know. The outsider's view, where ETH could flip Bitcoin overnight or be worth 40K in a couple of months.

Regardless, this would have been a good decision if I just sticked to it and not try to take advantage of the bull run by day/swing trading. This investment would still be over 3x today. But suddenly, I saw other altcoins pump like crazy and thought "if buying crypto is a way of putting your fiat money to work for you, why not trade my ETH for some other altcoins which pump a lot". And then, it's also the fear factor: I got in with the mindset that, any given moment, it would crash like it did in 2017/18. I studied those charts and found parallels to the rally in December/January this year, so when the correction from 42K to 29K came, of course I panic sold in a loss.

During the next couple of months, I slowly started to grow my knowledge on the crypto market. I discovered credible and quality analysts like Benjamin Cowen, I started to read about each project, about the different technologies, about market cycles, about several models that try to predict how the market will go. I also broadened my investment knowledge. I was still in a loss though, and was always in a frenzy till May, because FOMO when you are in the red is very bad, especially when you know you could have been in the green with just your first buy. I did pour more money in but not in an emotionless or in any intelligent DCA way but mostly FOMOing and trying to get even. At some point, I had that free month of Delta app trial that calculated the amount of fees I paid, and it was insane!

So, all this education came to fruition sometime in April. Thanks to VET and then MATIC, I had managed to break somewhat even, I rode the ETH May-train also, but not from the start, and then I sold when BTC lost support of the bull market support band at 46K and watched it go slowly down going into the May 19th crash. And this was my second chance to do things right.

I used my capital - initial January big chunk along with the subsequent impulsive DCAs - to buy, mostly BTC, ETH and ADA, from May to July. The downtrend back then was pretty predictable so I tried to buy at the bottom when it seemed BTC was reversing the short term downtrend. I continued to DCA twice a month and decided I would do intelligent DCAing instead, that is move the money to the exchange but don't buy unless it is a really red day, depending on the market climate. When BTC broke in August, my last DCA was at around 37K-38K. When it moved into 50K I decided to wait until BTC had a correction to buy again. I also decided to sell when a heavy rejection came. And I did at 52300 (one of the best decisions I have made), with intention to DCA this capital back in slowly after BTC stabilized. I thought about just waiting for it to go back to the 20W SMA, but I was not sure it would happen so I DCAed a percentage when it bounced at the 8W and the rest when it first tested the 20W SMA. I also did an additional buy (brought my future DCAs earlier) the next two times BTC tested 40K. My thinking was, if we are going up this is the best prices we will see for several months. If we are not holding 40K, well, then let's sell when we lose this support to realize profits and buy back in in the 30s.

Right now, I have set up my positions for the rest of the market cycle and I will be DCAing in but not trading what I already have. As we moved away from 40K, while we are not guaranteed not to test 41K or 40K again, I feel fairly calm and emotion-less in my decision making, similar to when we moved away from 30K in August and I calmly decided to sell at 52300 when BTC was rejected at 53K. I have not checked charts of my holdings since October the 1st (other than checking BTC price a bit). My plan is to dive into some charts and technicals only prior to my DCAs to decide on what to buy at that time. I know BTC can crash at any moment because it is still crypto, but I do not believe it is likely.

TL; DR: When fear is extreme and BTC (and the crypto market in general) is on the edge of collapsing, e.g. 30K after the May 19th or testing of the 20W SMA (40K) during September, is the best time to buy if you want to have a calm perspective, limited FOMO and most profits. It might be stressful in the short term, but it is the best approach for the long term.

submitted by /u/nakoskon [link] [comments] from Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/q1886e/buying_when_the_market_is_in_fear_is_the_best_way/ via IFTTT

#IFTTT #Cryptocurrency News & Discussion

0 notes