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Showing posts from January, 2024

5 Best Cryptos to Buy Now – Top Picks for the Upcoming 2024 Bull Run

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As the cryptocurrency bull market approaches, it is advantageous to look for cryptocurrencies with high upside potential to buy now. Discovering investment opportunities in the early stages of the cryptocurrency bull market can yield substantial rewards, as the crypto market consistently presents profitable projects in both bullish and bearish seasons. Amid a bullish market, investors have many choices, and identifying promising cryptocurrencies at this point offers the potential for long-term gains. Therefore, this initial phase offers a strategic window for investors to position themselves in cryptocurrencies that may experience substantial growth as the bull market progresses. In this article, we will highlight five of the best cryptos to buy at the moment, thoroughly examining their strong fundamentals and assessing their potential for growth. Ethereum (ETH) Ethereum maintains its central role, being viewed as a strong long-term investment. Despite the limited immediate impact

Ithaka announces $2.5 million pre-seed round for novel on-chain options protocol

Ithaka Finance, a non-custodial, composable options protocol aimed at building permissionless cross-chain infrastructure enabling optimal risk sharing across time and event horizons, is announcing a pre-seed round for its new on-chain options protocol on January 31, 2024, per the latest information shared with Finbold. The $2.5 million pre-seed funding round boasts a long list of prominent names and is led by Cumberland and Wintermute Ventures. Additionally, it features angel investors Andrew Keys of DARMA Capital, Stan Miroshnik of TenSquared Capital, and Georgios Vlachos of Axelar, as well as Room40 Ventures and Ghaf Capital Partners. Commenting on the round, Cumberland highlighted the expertise of Ithaka’s team, while Wintermute highlighted its high hopes for the company’s protocol: Ithaca’s options platform breaks down complex financial contracts into composable elements, making it easier to handle risk and resulting in a transparent trading experience for users, and it achie

Crypto Market Bullish as FOMC Approaches: SEI, SUI, SOL Show Strong Gains

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The crypto market is bullish ahead of the Federal Reserve FOMC meeting; Bitcoin broke $43,700. SEI and SUI surged over 8%, with increased market cap and volume, eyeing to breach resistance. Solana’s potential breakout from the descending channel could lead to a $113 target price. Investors are on edge as the crypto market waits for the impending Federal Reserve FOMC meeting, with the interest rate decision scheduled for January 31. As a result, bullish momentum has revived in the cryptocurrency market as investors anticipate a positive outcome from the conference. This increased confidence has resulted in an increase in trading volume and a jump in prices for several cryptocurrencies, with Bitcoin (BTC) leading the way after breaking out to $43,700. Concurrently, basking in optimism, Sui (SUI), Solana (SOL), and Sei (SEI) have also experienced significant price gains despite a bearish trend earlier in the day. SEI/USD Following a negative trend

Vitalik Buterin highlights opportunities and risks in merging crypto, AI

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In a recent blog post, Ethereum co-founder Vitalik Buterin explores the integration of artificial intelligence in crypto currency, examining potential uses and cautioning about associated risks . Buterin considers AI as an actor within blockchain protocols and views this as the most viable application, enabling mechanisms to operate on a more detailed micro-scale. Integrating AI actors maintains the existing design of the underlying mechanism, making it a promising and relatively straightforward approach. Using AI as an interface to protocols is seen as having high potential; however, Buterin cautions that this application carries certain risks . The interface role of AI in this context is not fully elaborated, but the implications suggest a complex interaction between users and blockchain technology. The promise and challenges of crypto + AI applications:https://t.co/ds9mLnshLU — vitalik.eth (@VitalikButerin) January 30, 2024 You might also like: Analyst projects Ethere

Crypto expert reveals when altcoin market will soar above $1 trillion

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With the general cryptocurrency sector going through a strong recovery, its altcoin portion is no exception, as its market capitalization is currently standing above a critical threshold, with more gains possible in the near future, according to crypto analyst Michaël van de Poppe. Specifically, as van de Poppe observed, the total crypto market cap sans Bitcoin (BTC) is above the crucial level of $675 billion, adding that he expects continuation towards $1 trillion or even $1.25 trillion in the next two to four months, he said in an X post published on January 30. Indeed, the altcoin market has recently managed to reclaim the 200-week moving average (MA) and flip the resistance at around $675 billion into support, which has initiated an uptrend toward the next resistance points that the crypto trading expert noted stood at about $1 trillion and $1.257 trillion , respectively. Altcoin market cap analysis and prediction. Source: Michaël van de Poppe Strongest altcoins Meanwhile

Retik Finance (RETIK) at $0.09 becomes a new favourite among Polygon (MATIC) and Shiba Inu (SHIB) whales, why is that?

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A new player has surfaced in the huge cryptocurrency ocean, grabbing the interest of both investors and whales. With a cheap price of $0.09, Retik Finance (RETIK) has quickly emerged as the preferred token among whales, surpassing even well-known tokens like Polygon (MATIC) and Shiba Inu (SHIB). However, what makes Retik Finance unique, and why is it gaining so much traction with whales? Let's investigate the causes of this phenomenon. Retik Finance's Ascent: An Exciting and Potential Tale It is very amazing seeing Retik Finance rise from humble beginnings to fame. Retik Finance, which is priced at a reasonable $0.09 at live presale, personifies the decentralisation movement and provides an extensive array of cutting-edge solutions designed to revolutionise the financial industry. Its goal of creating an open, welcoming, and effective financial ecosystem appeals to whales looking for ventures that challenge established wisdom. Retik harbours a visionary perspective that e

Solana Price Prediction: SOL On A Roll Amid Record New Sign-Ups And Airdrop Frenzy Around New Meme Coin Wen As Experts Say This Latest Presale Might 100X

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The Solana price edged up 0.5% to trade for $97.44 as of 4:30 a.m. EST time on trading volume that surged nearly 50%. It comes amid renewed interest in the SOL ecosystem after the December frenzy that saw the Layer 1 (L1) blockchain token skyrocket around 115%. It was then boosted by the Bonk (BONK) meme coin and Solana Saga smartphone themes. bonk re-invigorated solana community at pico lows post ftx & its airdrop caused 20,000 of the first edition saga phones to sell out memecoin dex volumes caused sol's onchain metrics to 10x+ dogecoin onboarded more normies last cycle to crypto than any other altcoin idk mane https://t.co/oBHNXLs9xF — Ansem 🐂🀄️ (@blknoiz06) January 24, 2024 Another reason for the rising interest in the Solana price now is the WEN token airdrop. It continues to make headlines and the narrative has inspired capital inflows into the SOL market as the token is built atop the Solana blockchain. WEN Token Airdrop Sends Solana Signups On A Tear Amid W

Bybit exchange to list Solana DEX Jupiter’s JUP token

Major crypto exchange Bybit has recently announced its plans to list JUP, the native token of Jupiter, a leading liquidity aggregator on the Solana network. As per the Jan. 26 announcement, the token is set to launch on Bybit’s spot and derivatives platforms on Jan. 31, marking a significant step in the implementation of Jupiter’s planned decentralized governance model. Jupiter, which accounts for 65% of the volume on Solana’s decentralized exchange s, is known for its efficient execution and low slippage across various DEXs. The integration of JUP into Bybit is expected to garner attention from investors within the Solana sphere and those exploring varied cryptocurrency assets. In preparation for the listing, Bybit conducted thorough due diligence on Jupiter. Ben Zhou, CEO of Bybit, commented on the decision, noting Jupiter’s significant role in handling Solana DEX volume. The company anticipates that JUP will offer new opportunities to its users within the decentralized finance

Pushd presale attracts investors, Shiba Inu and Solana prices volatile

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. There has been a lot of attention surrounding Pushd (PUSHD) as it enters stage 4 of its presale launch. Meanwhile, some established coins like Shiba Inu (SHIB) and Solana (SOL) have been volatile in the past 48 hours, posting sharp corrections.  Shiba Inu under pressure SHIB is dumping, sliding 23% in the past year.  It is also down 90% from its all-time high recorded in October 2021.  You might also like: OpenSea CEO teases M&A interest amid NFT market shakeup Accordingly, holders appear to be exiting despite hopes of a crypto bull run in the coming months. Solana traders taking profits SOL is under pressure after a strong rally in December, retracing from recent highs.  The coin is trading at around $88 when writing. The correction is likely due to traders exiting and taking profits. Pushd presale draws inve

This Ethereum-Based Altcoin Could Explode by Over 160% Against Bitcoin, Predicts Analyst Michaël van de Poppe

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A widely followed cryptocurrency analyst and trader believes that one top 15 altcoin project could more than double against Bitcoin (BTC). Michaël van de Poppe tells his 686,300 followers on the social media platform X that the decentralized oracle network Chainlink will likely witness a massive breakout rally against Bitcoin (LINK/BTC) this year. “Chainlink against Bitcoin is still looking for a big breakout later this year. Higher lows are being established, a breakout above 4,500 sats, and it’s going to go to 9,000 sats. I’m buying the dips.” Source: Michaël van de Poppe/X LINK/BTC is trading for 0.000336 BTC ($14.09) at time of writing, indicating an upside potential of about 167% if the pair hits the analyst’s target. Next up, the trader says Bitcoin will likely trade within the range of about $49,000 and $39,000 before a breakout after the April halving event, when miners’ rewards are cut in half. “I’ve not posted an update on this chart for Bitcoin in a

Florida and Alaska ban Binance from serving their residents

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Florida and Alaska crackdown on Binance.US, Binance’s subsidiary in the United States, amid regulatory pressure. The crypto exchange can no longer offer services to residents in these states. Notably, Florida’s financial watchdog suspended Binance’s local license swiftly. The Office of Financial Regulation acted after Changpeng Zhao (CZ), Binance’s former CEO, admitted to anti-money laundering violations. Zhao’s plea landed one week before the state’s emergency order. Now, Florida bans the company from conducting money transmission activities. In the meantime, Alaska’s banking division denied Binance.US a license renewal. The Alaska Division of Banking and Securities made the decision in early January 2024. Binance.US’s legal status in other states stands unstable. Something similar is observed for the cryptocurrency titan in other countries. Changpeng Zhao plead guilty on the US Cryptocurrency European residents are confident in the future of crypto, survey shows

OKX shuts down mining pools after five years of operation

Cryptocurrency exchange OKX said it will discontinue mining pool and related services due to “business adjustments” as Bitcoin halving looms. In a press release on Jan. 26, crypto exchange OKX announced the shutdown of its mining pool services, effective immediately for new-user registrations, with existing users permitted to use the service until Feb 25. Following the deadline, all mining pool-related services will be discontinued. “Due to business adjustments, OKX will discontinue Mining Pool and related services shortly. We apologize for any inconvenience that may cause you.” OKX You might also like: Bitcoin mining reaches new all-time high of 54% renewable use According to data from Mining Pools, OKX secured the 36th position among the top 70 Bitcoin-focused mining pools, with a total hash rate slightly exceeding 496 TH/s. OKX launched mining pool services in October 2018, and offered support for cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), Ethereum

Ninja Net Worth in 2024

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The modern content creation landscape has certainly revolutionized over the last five to ten years. With the rising prominence of YouTube and gaming culture, streaming has become a profession accessible to modern content creators in a way that was not possible in the previous decade. Subsequently, this guide will delve into one of the most popular streamers on the planet, and answer what is Ninja’s Net worth as of 2024. Ninja, born Tyler Blevins, is among the most successful content creators in the streaming space. He is an established professional gamer who has more than 24 million subscribers and 2.5 billion accumulated views on his YouTube channel. Moreover, he has established himself as one of the primary personalities to ever debut on Twitch. Blevins has made a name for himself on the streaming platform and earned more than 18 million followers on the platform. With Blevins’s success on both of the popular applications, let’s explore just how much the entertainer known as Ninj

Arthur Hayes Says ‘’Mini Financial Crisis’’ May Send Bitcoin To $30K, Plans To “Load Up On Solana And Dogwifhat”

BitMEX co-founder Arthur Hayes said that a mini financial crisis and supercharged inflation risks sending the Bitcoin price plunging to as low as $30K, and that he’s preparing to ”load up” on Solana (SOL) and Dogwifhat (WIF). While the crypto market expects price gains after likely Fed rate cuts in March, Hayes predicts a mini-financial crisis is coming. “Once Bitcoin drops below $35,000, I will start bottom fishing,” he said in his latest blog post, headlined “Yellen or Talking.” “I will load up on Solana and Dogwifhat ($WIF).” The first quarter will see the Bitcoin price encounter multiple obstacles, among them being the conflict in the Red Sea between the US and Houthi rebels that will increase shipping costs, fuelling a ”surge in inflation in the third and fourth quarter of this year, ” he said. "Yellen or Talkin'?" is an essay on why I think the $BTC slump is pointing to a TradFi mini-financial crisis, and it will bottom in the $30k to $35k range.https://t.co/uw

Latest Market Overview 24th Jan​: BTC, ETH, BNB, SOL, XRP, ADA, AVAX, DOGE, DOT, LINK

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GBTC outflows possibly contributed to a correction in the cryptocurrency market. However, the aggressive purchasing of Bitcoin (BTC) within the remaining nine Bitcoin ETF spots might help curtail the extent of this downward movement. Bitcoin (BTC) is currently engaged in a challenging struggle between bullish and bearish forces, particularly around the $40,000 price point. While buyers express optimism regarding the future potential of recently introduced Bitcoin exchange-traded funds (ETFs), sellers are directing their attention to the substantial $3.4 billion in outflows from the Grayscale Bitcoin Trust. In addition to cryptocurrency-specific concerns, some analysts harbour apprehensions regarding the deteriorating macroeconomic environment. Arthur Hayes, the former CEO of BitMEX, cautioned investors in his recent blog post that Bitcoin could face a decline ranging from $35,000 to $30,000. According to Hayes, the United States Federal Reserve might encounter difficul