A widely respected cryptocurrency trader has issued a warning about two artificial intelligence (AI)-based altcoins, saying history suggests a 50% decline would be the best-case scenario. In a new thread on social media platform X, anonymous cryptocurrency analyst Altcoin Sherpa told his 237,500 followers on social media platform On News Event. According to Sherpa, recent history shows that when an asset is listed on Binance Futures, its price tends to fall sharply. Traders cited memecoins like Fartcoin (FARTCOIN), Just a chill guy (CHILLGUY), Moo Deng (MOODENG), Goatseus Maximus (GOAT), and Peanut the Squirrel (PNUT) as examples. “I own both ai16z…
Author: Crypto Flexs
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The cryptocurrency market surpassed $3.48 trillion, with ADA up 13.63% and DOGE up 11%. Discover the best performances and market highlights for January 3, 2025.Cryptocurrency market surpasses $3.48 trillion led by ADA and DOGEOn Friday, January 3, 2025, global cryptocurrency market capitalization soared. $3.48 trillionmark 2.52% It has increased over the last 24 hours. Bitcoin (BTC) broke through. $98,000 mark, decent record 1.2% get. However, it was Cardano (ADA) and Dogecoin (DOGE) that received the spotlight among the top digital assets, recording double-digit growth rates.ADA and DOGE take center stageADA has achieved impressive results by emerging as the 9th largest…
Amid the widespread decline in the global cryptocurrency market, Ethereum has emerged as one of the major cryptocurrencies significantly affected. Despite already underperforming during the recent bull market, Ethereum has experienced a notable correction in recent weeks, including falling below the $3,500 price level. This price performance of ETH may have caused investors to lose interest in Ethereum for now, but recent data from the CryptoQuant platform suggests a possible turnaround, with key indicators pointing to a return to market confidence. Funding rate indicates new confidence among traders CryptoQuant analyst ShayanBTC highlighted Ethereum futures market developments in a recent analysis…
Solana rose 58.75% to upset the market cap of Binance Coin and could target XRP next. XRP is facing a stagnant price trend and mixed on-chain signals. Solana (SOL)’s impressive performance in recent months has garnered attention in the cryptocurrency world, resulting in notable changes in the rankings of the best digital assets. Kicking off the new year with a milestone, Solana upset Binance Coin (BNB), solidifying its position as a key player in the market. This rapid rise has sparked discussion as to whether Solana’s momentum can continue to surpass XRP and move it further up the rankings. Solana…
Solana developers created a quantum-proof vault on the Solana blockchain to protect user funds from potential threats posed by quantum computers.The “Solana Winternitz Vault” solution achieves this by implementing a complex hash-based signature system that generates a new key each time a transaction is made, Dean Little, a cryptography researcher and chief scientist at Zeus Network, explained in a Jan. 3 GitHub post.Generating a new private key for each transaction makes it more difficult for quantum computers to plan coordinated attacks against the specific set of public keys that are exposed each time a transaction is signed.source: Dean LittleSolana’s quantum…
Solana developers created a quantum-proof vault on the Solana blockchain to protect user funds from potential threats posed by quantum computers.The “Solana Winternitz Vault” solution achieves this by implementing a complex hash-based signature system that generates a new key each time a transaction is made, Dean Little, a cryptography researcher and chief scientist at Zeus Network, explained in a Jan. 3 GitHub post.Generating a new private key for each transaction makes it more difficult for quantum computers to plan coordinated attacks against the specific set of public keys that are exposed each time a transaction is signed.source: Dean LittleSolana’s quantum…
MEXC, the global leader in cryptocurrency trading, has officially launched. 300x leverage For BTC and ETH USDT margin futures trading pairs. This new feature allows investors to quickly capitalize on market opportunities during bull markets, maximize capital efficiency, and unlock the potential for higher returns. In early November this year, MEXC introduced 500x leverage on its futures trading platform, giving users the opportunity to practice with increased leverage before switching to live trading. Now, MEXC is improving the trading experience by offering significant advantages with the launch of 300x leverage for real-time BTC and ETH USDT margin futures pairs. Maximum…
The world of digital finance is constantly changing. Many people will admit that cryptocurrencies are revolutionizing the way we view and transact with money. The invention of another new cryptocurrency can spark excitement and speculation among enthusiasts, developers, and investors alike. In this article, we will look at why new cryptocurrencies emerged, the technology behind their creation, and how they could change the global financial map.Cryptocurrency in perspectiveSince the launch of Bitcoin in 2009, the cryptocurrency market has grown exponentially. Today, there are thousands of different types, many with unique applications, such as providing fast cross-border transactions and supporting decentralized…
The world of digital finance is constantly changing. Many people will admit that cryptocurrencies are revolutionizing the way we view and transact with money. The invention of another new cryptocurrency can spark excitement and speculation among enthusiasts, developers, and investors alike. In this article, we will look at why new cryptocurrencies emerged, the technology behind their creation, and how they could change the global financial map.Cryptocurrency in perspectiveSince the launch of Bitcoin in 2009, the cryptocurrency market has grown exponentially. Today, there are thousands of different types, many with unique applications, such as providing fast cross-border transactions and supporting decentralized…
Economist Henrik Zeberg said Solana (SOL)-based memecoin dogwifhat (WIF) has been mirroring Bitcoin (BTC) setup since November. In a new post on social media platform “Right before BTC’s big launch in November, we saw the same technical strength we see now with WIF. – Positive emanation of RSI – MACD about to cross in a bullish manner – RVGI rises higher All this while the price was pushing into the descending wedge from the larger second wave. translation: WIF will explode higher in three larger waves. In this next move it is an extended move that could reach 18-19 USD!”…