One closely watched cryptocurrency analyst believes that the two altcoins are likely to surge by up to five times before the end of this cycle. Pseudonymous analyst Altcoin Sherpa told his 228,100 followers on social media platform X that he is extremely bullish on the altcoin market. According to analysts, if the situation turns bullish for cryptocurrencies, even ordinary altcoins will see huge price increases. Specifically, traders see decentralized oracle network Chainlink (LINK) and layer-1 protocol Algorand (ALGO) printing gains between 400% and 600% before the end of the current cycle. “From now on, the market average for sh*tcoins will…
Author: Crypto Flexs
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After several years of leadership roles in the Crosschain Interoperability WG, first as a member of the EEA Technical Staff and later as Co-Chair through EEA member QualitaX, Anaïs Ofranc is stepping down from her position as Co-Chair. During that time, Anaïs worked with Wanchain co-chair Dr Weijia Zhang to help the group write various specifications and related documents. Most recently, he authored the first release version of the EEA DLT Interoperability Specification, as well as implementation case studies and other reports. And instructions. She has also been involved in helping the group reach new members, participants, and others working…
Terrill Dickey November 4, 2024 01:34 GalaChain is pioneering a decentralized future by transferring control from enterprises to users who own digital assets and data, as described in our Decentralization whitepaper. As the digital landscape evolves, GalaChain is emerging as a key player in the transition from a centralized Internet framework to a decentralized Internet framework. According to Gala News, this change was heralded by the release of a decentralization white paper outlining plans to empower users by giving them ownership of their digital assets and control over their data. The Fall of Web2…
The Ethereum consolidation shows a decline in whale interest as the market struggles with uncertainty. Assess the state of demand as exchange flows fall to 2024 lows. Ethereum (ETH) has been stuck in a consolidation phase for the past three months. But is there any chance of a breakout from the flat zone in November? Let’s take a look at how ETH has been paired so far. Ethereum has dashed bullish expectations since August after its price failed to make a significant recovery after slumping since May. However, the lower highs since August suggest significant accumulation over the past three…
Wang Long Chai November 1, 2024 07:37 Tether’s Q3 2024 report highlighted its financial strength by disclosing nine-month revenue of $7.7 billion, US Treasury holdings of $102.5 billion, and buffer reserves of $6 billion. Tether Holdings Limited has announced its third quarter 2024 certification conducted by global accounting firm BDO, confirming the accuracy of its consolidated financial figures and reserve reports. According to Tether, the certification highlights Tether’s strong financial performance, including revenue of $7.7 billion over nine months and group assets of $14.2 billion. Record Financial Milestones In the third quarter of 2024,…
Bitcoin (BTC)’s rejection from near all-time highs earlier in the week may have prompted short-term traders to book profits. Despite the price dropping close to $68,000, analysts remain positive on the market. They expect Bitcoin to find support between $65,000 and $68,000.The next major event for the cryptocurrency market is the US election. In a market report, David Lawant, head of research at FalconX, said volatility could increase “if the outcome is too close to call and too much time takes to reach the outcome.” Daily view of cryptocurrency market data. source: Coin360WonderFi President and CEO Dean Skurka said in…
Bitcoin (BTC)’s rejection from near all-time highs earlier in the week may have prompted short-term traders to book profits. Despite the price dropping close to $68,000, analysts remain positive on the market. They expect Bitcoin to find support between $65,000 and $68,000.The next major event for the cryptocurrency market is the US election. In a market report, David Lawant, head of research at FalconX, said volatility could increase “if the outcome is too close to call and too much time takes to reach the outcome.” Daily view of cryptocurrency market data. source: Coin360WonderFi President and CEO Dean Skurka said in…
River Protocol Acquires Llama to Strengthen On-Chain Governance for Decentralized Communications Products – Chainwire housenewsroomRiver Protocol Acquires Llama to Strengthen On-Chain Governance for Decentralized Communications Products We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage…
Cryptocurrency markets suffered across the board this week. Some cryptocurrencies rose slightly, but bearish sentiment still remains. The market showed increasing volatility amidst downward pressure. Recent market activity has been unkind for most cryptocurrencies due to significant price declines. A whopping 80% of the top 10 digital assets recorded losses last week. This trend is once again producing mixed results, painting a bleak picture for investors who were hoping for stability due to the general unpredictability of the market. Only two major players finished in positive territory, highlighting the selective nature of this week’s gains. But for the majority, it…
Bitcoin price fluctuates depending on the odds of Trump and Harris in the US presidential election. A new meme coin index fund called Vantard provides exposure to high-growth meme coins. Vantard’s Meme Portfolio (VMP) allows investors to benefit from the “memecoin supercycle” with minimal effort. With markets in turmoil and the US election being more contested than expected, cryptocurrency traders are changing their strategies to manage risk and profit. Vantard’s Meme Portfolio (VMP), Solana’s unique index fund for top meme coins, is increasingly gaining attention as a way to ride out market volatility. Designed to capitalize on the current “memecoin…