CryptoCon, the voice of cryptocurrency analysis, recently shared X allows us to make insightful predictions about Bitcoin’s future trajectory. He claims that Bitcoin, which hit around $45,000 a few weeks ago, is headed for a significant correction. This correction could range between 38% and 52%, potentially lowering Bitcoin’s value to a bottom between $26,000 and $21,500. CryptoCon’s analysis is based on technical indicators, and specifically points to LMACD crossing below the upper trend mid-downcycle as a key signal of this imminent correction. This expected recession is not only a cause for concern, but also presents a unique opportunity for investors.…
Author: Crypto Flexs
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The native token of a little-known Ethereum (ETH) scaling solution has surged by triple digits following the announcement of an incentive program. Ethereum layer-2 METIS is up nearly 20% in the last 24 hours and is up 261% in 7 days from its opening price of $25.67 on December 20th. METIS is trading at $92.58 at the time of this writing. The explosive rise in the token price comes a little over a week after the Metis cryptocurrency project announced the launch of the Metis Ecosystem Development Fund (Metis EDF). “The Metis Ecosystem Development Fund (Metis EDF) is a 4.6…
In a change, Ethereum (ETH) has outpaced Solana (SOL) over the past 24 hours, leading some experts to believe a “massive capital rotation” is underway. Ram Ahluwalia, CEO of cryptocurrency investment firm Lumida, is among those optimistic about Ethereum’s prospects. The CEO chose X on December 28th. said The ‘great cycle’, which means capital injection, has begun. The coin could be poised to hit all-time highs above $5,000 in the coming weeks and months. Ethereum has surpassed Solana in the last 24 hours Ethereum’s resurgence comes at a time when Solana appears to be cooling off after a sharp rise…
introduction Dezgo is an AI-based text-to-image converter that leverages the power of Stable Diffusion AI to generate high-quality text. NSFW Photo with word description. It also gives users the ability to create a variety of photos for use in a variety of applications, including website graphics, social media posts, product drawings, and marketing materials. This is made possible through a combination of artificial intelligence technology and a sampling approach known as DPMSeed. The platform can be accessed using a web browser, and users do not need to register an account to use it for basic purposes. However, those who want…
The Securities and Exchange Commission (SEC) said Diana Mae Fernandez, a “self-described entrepreneur,” made “fraudulent securities offerings” by saying she would use customers’ money to invest in cryptocurrencies, among other things, and instead pocketed the money. Fernandez, 37, promised high returns of up to 63% by claiming to invest clients’ money in cryptocurrencies, private and public companies, and luxury real estate, the SEC said in a filing posted Thursday. she she It raised about $364,000 from at least 20 investors through two “alter ego entities,” “The Self-Made Success” and “Diana Mae K., LLC,” the entities filed Dec. 21 in the…
Ethereum’s revival amid cryptocurrency competitionEthereum, often seen as catching up to Solana and other altcoins, has recently made significant leaps, sparking discussion of a possible major market move. The 8.9% increase in the value of Ethereum over the past 24 hours has sparked optimism among traders and investors and marked a notable shift in the cryptocurrency landscape.Competition: Ethereum vs. SolanaThe competition between Ethereum and Solana has been particularly fierce in recent months. Ethereum has seen a respectable 102% year-to-date gain, according to TradingView data, but has been overshadowed by Solana’s astounding 951% gain over the same period.This performance difference, combined…
Worldcoin recently announced the launch of its World ID authentication service in Singapore. This is an important milestone in the expansion of the company’s identity verification technology. Utilizing Orb, a custom hardware device, participants can now easily identify their unique humanity. This launch is particularly noteworthy as it comes after Worldcoin scaled back its operations in India. The introduction of World ID 2.0 and the open sourcing of Worldcoin’s iris recognition pipeline were instrumental in deploying World ID verification in Singapore. The World App used for these services has already reached 5 million users globally with over 30 million transactions.…
reporter Posted on: December 28, 2023 Coinbase’s Ethereum exchange reserves have been decreasing over the past five days. According to CryptoQuant analysts, this usually leads to an increase in the price of the coin. CryptoQuant analyst Crypto Sunmoon noted that Coinbase’s Ethereum (ETH) exchange reserves have decreased over the past five days. report. This decline in holdings could potentially mean users are looking to pull their ETH off exchanges or move their ETH elsewhere due to the coin’s recent price consolidation amid a surge in profit-taking activity. Some users may also transfer ETH from Coinbase to other wallets or platforms…
Cryptocurrency analyst LuckSide weighed in on the price movement of cryptocurrencies. Cardano (ADA)Provides analysis of short-term price performance of crypto assets. Cardano (ADA) is poised for a bullish or bearish trajectory. Cryptocurrency analysts recently shared In one of his YouTube videos, he made a prediction about Cardano (ADA) along with the cryptocurrency community. In his YouTube video “CARDANO ADA – MOMENT OF TRUTH!,” LuckSide argued that the ADA is at a critical crossroads. Analysts have released technical forecasts indicating: ADA A major price change is ahead. According to him, this will be a bullish or bearish trajectory for the near…
Investors are once again turning their attention to meme coins to find the next major breakout star for 2024. Sponge (SPONGE) and Gorilla (GORILLA) are soaring as Sponge prepares to launch V2. Meanwhile, BONK, once a popular choice, has fallen more than 60% over the past 13 days. Sponge V2 aims to build meme coin momentum. SPONGE will evolve to its next version with the upcoming Sponge V2 (SPONGEV2). Building on the success of the original SPONGE token, which soared from a market capitalization of $1 million to over $100 million earlier this year, the upgraded version aims to take…