This article is also available in Spanish. Ethereum (ETH) surged past $2,700 for the first time in a week on Wednesday, sparking optimism among several cryptocurrency analysts. Some have suggested that the second-largest cryptocurrency will soon break out of the next resistance level and reclaim the $3,000 mark. Related Reading Ethereum retests $2,700 Ethereum surged above key resistance levels on Wednesday morning as most cryptocurrency markets surged. The cryptocurrency rose 3.1% towards the $2,700 horizontal level, hitting $2,722 before falling back to $2,710. Over the past week, ETH has hovered between the $2,430-$2,650 range after failing to hold support. This…
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Management increased the target BTC return to reflect the expected gains from the 21/21 plan. Annual returns are expected to reach 6-10%. Currently, the company aims to accumulate 412,220 Bitcoins by the end of 2025, with an expected Bitcoin price of $175,000 by then. The term BTC Yield is “linguistically laundering the actual rate of return on what MicroStrategy does,” said Two Prime Digital Assets CEO Alexander Blume. That means the company’s BTC net asset value is getting closer to its market capitalization of around $50 billion, according to Yahoo Finance. “It’s similar to a company getting a smaller discount…
Ethereum (ETH) price has struggled to find bullish momentum for several months, with the altcoin only up 1% in October compared to Bitcoin (BTC)’s 14% return. A lack of interest from retail and institutional investors is also weighing on ETH prices, with the ETH ETF seeing inflows of $4.4 million on October 30, compared to $893 million for the BTC ETF. This is a 0.49% market share compared to direct competitors. Comparison of spot Bitcoin and Ethereum ETF inflows. Source: X.com However, the altcoin’s bear days may be numbered as technical analysts point out that Ether’s final decline is complete…
Key Takeaways World Liberty Financial reduced its WLFI token sale target from $300 million to $30 million due to low demand. DT Marks DEFI LLC, which is linked to Donald Trump, will receive the proceeds only after World Liberty Financial reaches its $30 million goal. Share this article Donald Trump’s cryptocurrency project, World Liberty Financial, has reduced its fundraising goal from $300 million to $30 million. SEC filing Dated October 30th. According to the SEC filing, World Liberty Financial stated: “The company only plans to sell up to $30 million worth of tokens before closing the current sale.” Due to…
Yorg Healer October 31, 2024 16:51 BitMEX will conduct a wallet maintenance scheduled for November 1, 2024 and will temporarily suspend withdrawals from 02:00 to 03:00 UTC. Deposits other than BTC will be delayed until the end of maintenance. Leading cryptocurrency exchange BitMEX has announced a maintenance period for its wallet services on November 1, 2024. According to BitMEX, withdrawal services will be temporarily suspended between 02:00 and 03:00 due to this maintenance. 00 UTC. Impact on withdrawals and deposits During the maintenance period, users will not be able to process withdrawals. Additionally, if…
Ethereum (ETH) price has struggled to find bullish momentum for several months, with the altcoin only up 1% in October compared to Bitcoin (BTC)’s 14% return. A lack of interest from retail and institutional investors is also weighing on ETH prices, with the ETH ETF seeing inflows of $4.4 million on October 30, compared to $893 million for the BTC ETF. This is a 0.49% market share compared to direct competitors. Comparison of spot Bitcoin and Ethereum ETF inflows. Source: X.com However, the altcoin’s bear days may be numbered as technical analysts point out that Ether’s final decline is complete…
Hedera’s developers adopted Chainlink’s oracle technology. The best Chainlink data feeds are now live on Hedera’s testnet. HBAR & LINK prices reacted in opposite directions following the announcement. The Chainlink Scale program onboards developers on Hedera-based HBAR, opening the door to a set of Chainlink (LINK) data feeds and Chainlink’s highly secure Contractor Controlled Insurance Program (CCIP). What does Chainlink bring to HBAR? With extensive access to Chainlink’s oracle services, HBAR developers can immediately start feeding data from decentralized oracles on Hedera’s testnet. It potentially paves the way for feature-rich decentralized applications (dApps) on Hedera’s native platform, with a reputation…
join us telegram A channel to stay up to date on breaking news coverage First Neiro On Ethereum price is up over 9% over the past week, following a 2% increase. jump Over the last 24 hours it has been trading at $0.001712 as of 11:34 PM ET. NEIRO price also rose with meme coins The market capitalization of the entire sector fell by more than 2%. First Neiro on Ethereum price challenging $0.001765 resistance NEIRO/USDT 4-hour chart (Source: gecko terminal) First Neiro On Ethereum price is attempting to challenge the $0.001765 resistance level. If traders successfully push the price…
Iris Coleman October 31, 2024 13:42 Immutable (IMX) is transforming the Asian gaming market by leveraging blockchain technology, partnering with leading studios, and driving Web3 gaming innovation. Immutable (IMX) is leading the way in transforming the gaming landscape in Asia, leveraging blockchain technology to reshape the future of Web3 gaming. According to immutable.com, the platform has established partnerships with renowned game studios across the continent and currently has more than 400 games in development. Remarkably, half of these collaborations began in 2024 alone, highlighting Immutable’s influential role in the industry. Immutable’s role in the…
Macro expert Raoul Pal believes that if Solana (SOL) recovers key levels, it could be a sign that the broader cryptocurrency market has entered the most explosive phase of the cycle. Real Vision’s CEO told his million followers on social media platform “We are awaiting final confirmation from others as BTC price is well over $70,000. SOL is $185+.” Source: Raoul Pal/X Pal says a major cryptocurrency uptrend could begin soon, as SOL and other digital assets appear to be showing breakout patterns. “I hope we can break through all these levels and live our lives. I am not buying…