The total market capitalization of altcoins needs to increase by about 16% from current levels before the fun altcoin season begins. Until then, volatility will continue, according to one cryptocurrency trader.Daan Crypto Trades, a pseudonymous cryptocurrency trader, said in a post on December 28 that if TOTAL3, the total market capitalization of all cryptocurrencies except Bitcoin (BTC) and Ethereum (ETH), exceeds that figure, a “euphoria” or “mania” phase will occur. said it should start. It will hit an all-time high of $1.13 trillion in 2021 and enter price discovery.The Euphoria phase will not begin until TOTAL3 breaches the 2021 ATH.According…
Author: Crypto Flexs
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introductionImagine a financial system that is no longer tied to traditional banks, one in which you have complete control over your money, unaffected by borders, intermediaries, or excessive bureaucracy. Bitcoin made this vision possible. In addition to innovative technology, it represents a gold mine of opportunity for those looking to increase their wealth. Whether you are an experienced investor or exploring cryptocurrencies for the first time, Bitcoin offers a way to make money. Let’s find out how Bitcoin can become the foundation for future financial growth.Understand the core principles of BitcoinBitcoin is more than a digital currency. It is a…
The co-founder of Ethereum (ETH) competitor Solana (SOL) is reportedly facing a lawsuit over allegations that he misappropriated income from his ex-wife’s cryptocurrency assets. Bloomberg reports that Elisa Rossi has filed a complaint in San Francisco Superior Court accusing her ex-husband Stephen Akridge of stealing millions of dollars worth of staking rewards from Solana tokens. Staking rewards are similar to interest earned on bank deposits. Cryptocurrency holders who participate in the staking process lock up their assets for a certain period of time to validate blockchain transactions and earn more tokens as rewards. The complaint said the dispute began after…
Bitcoin (BTC) was unable to withstand recovery attempts during the week, signaling further bearish selling. The buyer failed to raise the price above $100,000, but he didn’t make many concessions to the seller. This means the bulls are holding their position in anticipation of another leg going higher.Cryptocurrency mining company Blockware Solutions stated in a market forecast report seen by Cointelegraph that its primary target for Bitcoin in 2025 is $225,000. Even the bearish target of $150,000 is well above current prices. The bull case target is $400,000.Daily view of cryptocurrency market data. source: Coin360Along with Bitcoin, traders also appear…
ETH turned green on the daily and weekly charts, up 1.67% and 1.74%, respectively. Ethereum futures signaled a potential recovery as selling pressure eased. Ethereum (ETH) has struggled to maintain upward momentum over the past two weeks. During this period, the altcoin traded within a consolidated range between $3,500 and $3,300. These general market conditions have led key stakeholders to wonder what could push ETH towards recovery. CryptoQuant analyst Burak Kesmeci therefore pointed out four key futures market indicators and what they suggest about Ethereum’s trajectory. Futures Market Values Ethereum Kesmeci cited four important futures market indicators in its analysis,…
Celebrity-themed cryptocurrency tokens are having a breakout moment in 2024, with household names trying to make a name for themselves amid the steady cryptocurrency rally.However, the short-lived “celebrity meta” has seen the value of tokens plummet or fall significantly from their highs since launch, and celebrity backers have seen their creations potentially taken to court in some cases.Let’s take a look at some of the tokens that were burning brightly before they expire soon in 2024. Caitlyn Jenner pioneered the celebrity memecoin meta.Former Olympian Caitlyn Jenner is one of the pioneers of the 2024 celebrity memecoin craze, launching her self-proclaimed…
This article is also available in Spanish. Ethereum price began a new decline from the $3,550 resistance level. ETH is currently showing bearish signs and could fall below the $3,300 level. Ethereum began a new downtrend in the $3,550 range. The price is trading below $3,450 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a break has occurred below the connecting bullish trendline with support at $3,450. A break below the $3,300 level could pick up bearish momentum. Support for Ethereum price decline Ethereum price struggled to continue rising above the $3,550…
I just read Debt: The First 5,000 Years by anthropologist David Graeber. This book examines the history of money and debt, and how they relate to social structures, through a lens that departs significantly from the conventional wisdom of economic thinking. Conventional wisdom paints the picture that money arises naturally as a result of people inefficiently bartering goods and services directly with each other and the problems inherent in this. Graeber sees through this story by looking at anthropological history. Primitive communities were only possible in the context of separate communities that interacted with each other, sharing resources freely with…
Timothy Morano December 29, 2024 14:59 GeForce NOW concludes 2024 with new game additions and enhancements, marking a significant year for cloud gaming. Find out about highlights and upcoming releases. As 2024 comes to a close, GeForce NOW looks back on a year filled with milestones and advancements in cloud gaming, according to the GeForce NOW Community. The platform has introduced new features and expanded its game library to provide members with an improved gaming experience. Key achievements in 2024 GeForce NOW has achieved a significant milestone, adding more than 2,000 games to its…