A widely respected cryptocurrency analyst is identifying a downward price target for smart contract platform Cardano (ADA) if it undergoes another correction. In a new video update, cryptocurrency strategist Benjamin Cowen told his 849,000 YouTube subscribers that ADA could continue to fall if the Federal Reserve does not restart quantitative easing (QE). “It’s possible that (ADA) will go lower. Especially if you follow the last cycle… A 56% drop would actually put us below $0.60, the same level as last time… (Fed Chairman Jerome) Powell said, ‘There is no QE. There is always a chance of it going back down…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage The cryptocurrency market continues to present explosive opportunities, and some projects are expected to make huge profits in the coming year. Here’s a look at five standout competitors, presented in order from emerging opportunities to established players. Wall Street Invitation (WEPE) $WEPE presales have already surpassed $35.6 million in just a few weeks, attracting both small and large investors. The price of each token is $0.0003655. To buy $WEPE, visit the Wall Street Pepe website, connect your wallet (e.g. Best Wallet) and pay with ETH, USDT…
If SHIB pumps 115% or 200%, you would need $465,000 or $334,000 to turn it into $1 million. If you use 5X or 10X leverage, this estimated capital could drop to $94,000 or $34,000. The craze of turning meme coins into millions of dollars isn’t going away anytime soon. It should maintain strong meme-coin narrative dominance through at least 2024. So how much should you flip? Shiba Inu (SHIB) In millions? Most analysts expect a market rebound in early 2025. After that, we expect a pause until the summer, followed by another rebound in the third and fourth quarters of…
Victoria, Seychelles, December 25, 2024, ChainwireBitget, a leading cryptocurrency exchange and Web3 company, has announced a special Christmas promotion in collaboration with DuitNow. Running from 6:00 PM on December 24, 2024 to 6:00 PM on January 7, 2025 (UTC+8), the campaign gives new users the opportunity to transfer assets without fees and compete for a shared prize pool. We provide. 50,000 BGB.Activity OverviewThis promotion is only available to new users who have never transacted through DuitNow before. During the Promotion Period, participants can purchase cryptocurrency assets in any amount using third-party DuitNow payment methods. Transaction fees will be zero until…
Decentralized finance (DeFi) will reach an inflection point in 2025 as Bitcoin staking, real-world asset (RWA) tokenization, and agent artificial intelligence (AI) drive adoption, multiple industry executives told Cointelegraph.In 2024, Bitcoin surpassed $100,000 per coin for the first time, with investors pouring more than $100 billion into physical BTC exchange-traded funds (ETFs). Dean Tribble, CEO of Layer 1 network Agoric Systems, told Cointelegraph: “Bitcoin (BTC)’s all-time high will spark renewed interest in cryptocurrencies from both institutions and regulators, and will reinvigorate the entire cryptocurrency sector in 2025. “It will infuse it,” he said. According to data from DefiLlama, the total…
This is the third in a series of stories examining the cryptocurrency industry’s entry into politics and campaigns in 2024. The first examined the election record of the Fairshake PAC strategy, and the second focused on the 2010 Supreme Court positions.The corporate leaders responsible for the rivers of money flooding American politics this year have already profited handsomely from last month’s election results. Personal wealth has increased by billions of dollars, far outweighing the massive spending on cryptocurrency-friendly investments. candidate.Coinbase Inc. (COIN) CEO Brian Armstrong and his company have invested approximately $74 million in Fairshake, the industry’s dominant political action…
Felix Pinkstone December 24, 2024 06:45 BitMEX is introducing new permanent swap listings for HYPEUSDT, FARTCOINUSDT, and HIVEUSDT, giving traders up to 50x leverage opportunities on these cryptocurrency pairs. Cryptocurrency trading platform BitMEX has expanded its services by introducing new perpetual swap contracts for HYPEUSDT, FARTCOINUSDT, and HIVEUSDT, according to BitMEX. As of December 24, 2024, traders can engage in long or short positions on these cryptocurrency pairs with leverage options of up to 50x. new trading opportunities The introduction of these contracts allows traders to speculate on the price movements of HYPE, FARTCOIN…
The cryptocurrency market is more unpredictable than ever. After several weeks of impressive gains across altcoins, a sharp market correction has cast doubt on the momentum of altcoins. Now many people are asking. Is this the end of altcoin season? For context, “altcoin season” refers to a period when cryptocurrencies other than Bitcoin perform better and attract more market capital. However, Glassnode’s data suggests a difficult path forward for altcoins as Bitcoin and Ethereum continue to dominate. These changes could have serious implications for speculative and small-cap tokens.If you are navigating these turbulent times as an investor, it is essential…
Ethereum experts say AI agents, major network upgrades, increased institutional interest, and major regulatory reforms from U.S. President Donald Trump’s cryptocurrency-friendly administration are all highly anticipated in 2025. Infinex founder Kain Warwick told Cointelegraph that Ethereum may have suffered a fairly mild underperformance in 2024, but the asset is like a “coiled spring” and poised for a breakout in 2025.Ethereum (ETH) is up 53.5% year to date, from a price of $2,350 on January 1 to $3,478 at the time of publication, according to TradingView data. ETH recorded a year-to-date gain of 53.5%. source: TradingViewMeanwhile, other major cryptocurrencies such as…
Wang Long Chai December 24, 2024 06:56 OKX Ventures has invested in USUAL, a decentralized stablecoin protocol that integrates real-world assets to enhance DeFi with governance and ownership features. OKX Ventures, the investment arm of leading cryptocurrency exchange OKX, announced an investment in decentralized stablecoin issuer USUAL. According to OKX Ventures, this strategic move is consistent with OKX Ventures’ mission to foster projects that blend traditional finance and decentralized finance (DeFi) while championing true decentralization. Stablecoin issuance revolution through USUAL USUAL differentiates itself in the stablecoin market through its integration of real-world assets (RWA)…