Ethereum (ETH) continues to absorb Bitcoin (BTC) selling pressure in November, looking at its price action at the time of writing on November 24th. On the daily chart, ETH bulls dominate, rising about 9% versus BTC from the October low. Ethereum Surpasses Bitcoin in November ETH buyers are holding firm and price action is still locked within the prominent bull market of November 9th. Despite bears forcing prices lower in the second week of November, the failure of BTC bulls to reverse all losses suggests that ETH buyers are still in charge. If anything, prices could rise in the coming…
Author: Crypto Flexs
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Crypto analyst Fiery Trading has a very bullish outlook for Cardano (ADA) price. The digital asset, which has performed reasonably well over the past few weeks, is expected to shatter expectations as analysts suggest a price of $35. Crypto analysts predict an 8800% rise for ADA, reaching $35. Fiery Trading’s latest Cardano (ADA) forecast is one of the most optimistic predictions for the digital asset this year. ADA, the native token of the Cardano network, is currently trading at $0.388 and would rise 8,800% to $35 if crypto analysts’ predictions prove true. Analysts suggest that ADA has already bottomed out…
Welcome to the Succession Spotlight series. Here we do deep dives with guests to explore solutions, problems, and services for people holding decentralized assets.In our first article, we are pleased to introduce you to Wasim Ahmad from Vault12 Guard.I met Wasim at NFT_NYC in London last year, where we discussed all things Web3 Inheritance.Earlier this month at NFT_NYC in New York, Wasim detailed the exciting relaunch of Vault12 Guard in a Q&A.What is Vault12 Guard?Vault12 Guard is a secure, inherited and self-archiving backup app that lets you safely store web3 wallet seed phrases, private keys, NFT media and digital art…
shiba inu and Dogecoin, which revolutionized the meme coin industry, has been weak this year and has underperformed its peers. SHIB price has barely moved in 2023 despite Bitcoin surging more than 120%. Dogecoin, on the other hand, rose less than 10%. Why SHIB and DOGE are struggling Dogecoin and Shiba Inu were two of the most popular meme coins of 2021, which explains why they are multi-billion dollar assets. Dogecoin’s market capitalization is over $11 billion, and Shiba Inu is worth over $4.9 billion. The two lost momentum as investors focused on other cryptocurrencies. Some of the fastest-growing tokens…
Litecoin price has been under extreme pressure over the past few weeks, hovering around its lowest levels of the year due to poor on-chain metrics and depressed markets. LTC price fell 5.55% in the past week and 33% in the past three months. The asset has also tumbled 12% so far this year, but remains 22% higher than it was last year. Litecoin’s total market capitalization is $4.5 billion, ranking 15th.Day After Polkadot. What’s happening with LTC? Litecoin price has been in a strong downward trend since the successful third halving event was completed in early August. Since then, the…
Sam Bankman-Fried is found guilty on all counts, Bitcoin bull Cathie Wood is raising deflation concerns, and a global investment manager says there is a digital asset that could deliver 100x returns. Which one? Stick around. This week we bring you these stories and more in cryptocurrency. SBF found guilty on all counts. Sam Bankman-Fried, former CEO of FTX, was found guilty on all seven charges brought against him. It is one of the largest financial fraud cases of all time, including wire fraud, securities fraud, and money laundering. A Manhattan federal court jury found him guilty in just five…
The conviction of FTX founder Sam Bankman-Fried on seven counts of fraud and conspiracy has now captured Hollywood’s attention. The ruling came after a trial that lasted just over a month in federal court in New York City. Bankman-Fried defrauded investors and customers out of over $10 billion through FTX and his cryptocurrency trading company, Alameda Research. Charges and Potential Consequences The charges filed against Sam Bankman-Fried carry a maximum penalty of 110 years in prison, according to federal prosecutors. The severity of the potential sentence highlights the seriousness of the charges against the 31-year-old entrepreneur. The catalyst for this…
Mark Wilson, an artist known as Favorite People, has a truly unique style to his art, with the presence of a bag of ground beef: grotesque, performative, thought-provoking and comical. . In a digital art market where supply can be endless, Indiana-based artists really stand out from the crowd with their attention-grabbing ability to often poke fun at the NFT space and bring out both humor and sadness in their work. The author of five books, die withthemost likes is passionate about the visual arts as well as recording his own stream of consciousness. He originally issued the first NFT…
Cardano founder and Ethereum co-creator Charles Hoskinson criticized Vitalik Buterin. Twitter On November 25, Cardano (ADA)’s staking innovation was not recognized.Hoskinson’s comments follow a recent interview in which Buterin discussed the Ethereum roadmap and proposed redesigning the Ethereum (ETH) staking system to address issues related to centralization.In the interview, Buterin discussed potentially adopting a UTxO approach that relies on unspent transactions to solve these problems. This model differs from Ethereum’s current account-based system and is used in some blockchains such as Bitcoin and Cardano.The cryptocurrency community was quick to point out that this solution is similar to the approach Cardano…
Ethereum price broke the $1,950 resistance level and started a new rise. ETH is consolidating and could target a move above the $2,070 resistance. Ethereum remained stable and began a new rise above the $1,950 level. The price is trading above $2,000 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a major bearish trendline with resistance near $2,010. Unless a break occurs below the $1,985 support, the pair may continue to rise. Ethereum price gains more. After forming a base above the $1,900 level, the price of Ethereum…