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Dec 19, 2023 at 10:41 // Price Author Coin Idol The price of Polygon (MATIC) is recovering from its previous downturn. Long-term Polygon price forecast: range The upward correction ended on November 14 with a high of $0.95. MATIC has slipped between the moving average lines after two rejections. The altcoin is trading sideways below its recent high. Polygon will reach a high of $1.40 if the current resistance level is overcome. If buyers are unable to overcome the overhead barrier, the cryptocurrency will continue to trade sideways below the previous hig...

Seamless integration with Overnight has been announced. Overnight Finance is a multi-chain yield protocol with best-in-class proprietary offerings across delta-neutral strategies and more. It boasts over 100,000 active wallets across six chains and has been an early Base ecosystem BUIDLer and participant. Introducing the First Native Decentralized Lending and Borrowing Protocol on Base: Seamless Protocol Seamless Protocol is a groundbreaking achievement, being the initial native decentralized lending and borrowing protocol on Base. As the largest app on Base, with the highest total value locked and the most users, Seamless establishes the groundwork for Modern DeFi. This protocol is designed to provide lower-collateral borrowing, DeFi infrastructure, and a user experience that inspires the masses. Exploring Collaborative Opportunities and Base Potential Overnight has recently announced that they will be integrating Seamless into their USD offerings, and soon their DAI offerings, to imp...

Circle, the global financial technology firm, has announced the launch of EURC on the Solana network. As the leading regulated dollar stablecoin issuer, Circle’s expansion of EURC onto Solana, now the fourth blockchain to support it natively, is poised to enhance utility in peer-to-peer transfers and European remittance corridors. EURC, a fiat-backed stablecoin , operates under a full-reserve model, ensuring a 1:1 redeemable value for the euro. This launch allows developers and users to engage with EURC and USDC on Solana (SOL), providing global money transfers and financial transaction options. 1/ The holiday season is nearly upon us and we have an early surprise…$EURC is now available on @solana’s ultra-fast, near-zero cost network! The time is now for 24/7 on-chain FX with global, instant settlement. Learn more https://t.co/hrCirklYGY — Circle (@circle) December 18, 2023 You might also like: Circle launches USDC and EURC faucets to support dev activity ...

Investor interest in non-fungible tokens (NFTs) has declined significantly for the first time since early November. Despite the market downturn, Solana (SOL) became the second-largest network for the asset class. According to data provided by CryptoSlam, the global NFT sales volume witnessed a 42% plunge in the past 24 hours, falling to $64.3 million. The total number of NFT transactions also declined by 21%, closing down to the 350,000 mark. NFT sales and wash trades volume – Dec. 18 | Source: CryptoSlam The notable plunges come three days after the NFT sales volume hit a 20-month-high of $132.3 million on Dec. 15 — a level last seen in mid-May 2022.  You might also like: FTX proposes plan to end bankruptcy Per CryptoSlam data, while the amount of wash trades declined by 16.5% — currently standing at $6.5 million — the number of wash transactions witnessed a significant surge of 90.7%, surpassing the 30,000 mark in a day. Solana’s rally Ethereum ha...

Solana (SOL) gained as Kamino hinted at airdrop following the launch of the JTO token.  Cardano (ADA) surged by 31.7% after Binance added new pairs.  Rebel Satoshi (RBLZ) leads the top ICO list with the potential of 150% gain.  Solana (SOL) protocol Kamino is eyeing airdrop after Jito’s token goes live. Meanwhile, Cardano (ADA) is also in the news as Binance adds new trading pairs. Rebel Satoshi (RBLZ), a new meme coin, is one of the altcoins to watch for massive gains as it breaks records in its presale .  Let’s learn more about the latest SOL and ADA news and find out whether $RBLZ is worth the hype or not! SOL price increases by 20.9% as Kamino hints at airdrop On December 7, 2023, Solana’s fastest-growing DeFi protocol, Kamino Finance, announced that it would be launching a points program. The move hints towards a future Kamino token airdrop. So far, 2023 has proven to be a good year for Solana and i...

EGRAG CRYPTO shared the results for a poll he ran on 13 December. He revealed that 56.3% of the 3,000 voters are frustrated with XRP’s performance. XRP lost a key support level after dropping 1.72% in the last 24 hours. The cryptocurrency analyst EGRAG CRYPTO revealed the results of a poll created on 13 December. In the poll, he asked his followers if they identify XRP’s current price levels as a blessing or if they are frustrated with the cryptocurrency’s price performance. In today’s post, he shared that 56.3% of the 3,000 voters are frustrated with XRP’s latest price movements. #XRP 56.3% Frustrated and 43.7% Blessed: The poll uncovers deep sentiments and behaviors within the #XRP community, offering crucial insights for investors ( 3000 Voters). 1) More than 56% of #XRP holders seem uncertain about understanding their investment decisions. 2) … https://t.co/Gl3J7AjpPJ pic.twitter.com/Vu1FurnrwX — EGRAG CRYPTO (@egragcrypto) December 16, 2023 M...

Victoria, Seychelles, December 15th, 2023, Chainwire Bitget Research, the research arm of Bitget, the world’s leading cryptocurrency exchange and Web3 company, has released a research Analysis delving into macro and micro trends within the Bitcoin ecosystem. This report offers insights for investors and outlines potential future technological and financial trends for Bitcoin and its assets within the network for 2024. Given the future macroeconomic environment and market conditions, the Bitcoin ecosystem presents a promising outlook. Not only do popular cryptocurrencies like BTC and ORDI have significant potential for appreciation, but there will also be new exciting opportunities for coins within the Bitcoin ecosystem. While the trading volume in the Bitcoin NFT market has surged, its current scale remains relatively small, indicating the anticipated potential for growth in the future. Simultaneously, the Lightning Network is expected to serve as the ...

Russian Bitcoin mining firm BitRiver says the country can become a leader in the global industrial crypto just within a few years. According to BitRiver CEO Igor Runets, Russia has enough resources to become a global leader in crypto mining using associated petroleum gas (APG) as other countries such as the U.S., Canada, Kazakhstan and others have also successfully piloted this method of mining, Russian media outlet RBC reports. Runets revealed that BitRiver’s operational data centers powered by APG currently account for at least 50% of the entire mining market segment, adding that the firm is witnessing “growing interest from major Russian oil and gas companies in developing APG mining .” As per Runets’ calculations, Russian crypto mining sector is capable of recycling up to 10 billion cubic meters of APG per year, which is, approximately, half the volume currently flared annually. You might also like: Bhutan spends 5% of its GDP on mining bitc...

Ripple ’s XRP token has faced a correction over the last few days, falling 3.5% in the weekly charts and 5.7% in the previous month. However, the asset has gained momentum in the daily charts, rallying 3.2% in 24 hours. Moreover, XRP is up by over 83% since January of this year, which puts it among some of the best-performing cryptocurrencies of 2023. Source: CoinGecko Also Read: Ripple : When Will XRP Reclaim Its All-Time High of $3.40? XRP’s surge might not be over just yet, according to crypto analyst EGRAG CRYPTO. The analyst presents two scenarios for the fifth-largest crypto by market cap. The first scenario, dubbed the Blue Route, predicts Ripple ’s XRP to surpass the $1.20 level by the end of 2023. The price rise would translate to a growth of about 90% from current levels. Source: EGRAG CRYPTO EGRAG CRYPTO further says that the token could face a correction after hitting $1.20 but might rally to a new all-time high of $5.50 by the end of 2024. Reac...

Cardano’s ADA token rides the whale wave, surging past $1.5 billion in large transactions. ADA’s price rocketed 76% in December, hitting a 17-month high of $0.677214, defying market caution and catching bullish momentum. Cardano’s DeFi ecosystem thrives with over $440 million locked, driven by projects like Indigo and Minswap, boosting ADA’s value. Cardano’s ADA token has experienced a significant surge in whale transactions, exceeding $1.5 billion. This influx of large-scale investments, characterized by individual transactions valued at a minimum of $100,000, has elevated the total transaction volume to a remarkable $19.47 billion. The boost in these substantial transactions highlights major investors’ increasing interest in cryptocurrency. ADA’s Price Rally Cardano’s native token, ADA, has not only seen a surge in whale transactions but has also witnessed an impressive price rally. Recording an increase of...

Litecoin (LTC) is popularly known as a Bitcoin (BTC) fork. While the two share several similarities, LTC was designed to be lighter, amidst other key differences.  In this post, we will analyze the current state of Litecoin, including what makes it a good crypto to buy. Further, we will explain the growing interest in a new AI altcoin, InQubeta (QUBE). InQubeta (QUBE): Potential 1,250% Price Rise InQubeta is making waves within the crypto space solidifying its position as one of the best 2023 ICOs after raising over $6.7 million during its ongoing presale.  InQubeta is unique for several reasons, chief among them being its staggering growth potential and innovative concept. InQubeta lies at the intersection of the crypto and AI industries. It aims to solve a key challenge in the AI sector—fundraising—by leveraging the power of blockchain. You might be wondering, how? It will become the first crowdfunding platform for AI startups vi...

Investing in Ripple (XRP) three years ago might not have yielded the astronomical gains seen in some other cryptocurrencies. Let’s explore the journey of a hypothetical $1,000 investment in Ripple, considering the tumultuous legal battles and market fluctuations. Ripple’s Modest Growth: A 3-Year Snapshot Imagine allocating $1,000 to Ripple (XRP) three years ago, a period that predates the Securities and Exchange Commission’s (SEC) legal intervention. In the intervening years, Bitcoin and Ethereum surged with notable gains. However, Ripple’s growth appears more conservative, registering an 18% gain and adding $180 to the initial investment. That means if you had invested $1,000, your investment would stand at $1,180. This modest growth reflects the challenges Ripple faced due to the SEC lawsuit. Also read: OKX DEX Suffers $424,000 Exploit Why Ripple Lags Behind ? Ripple’s struggle with the SEC lawsuit significantly impacted its market perf...

Ben Armstrong believes XRP will be among the top performers in the next bull cycle. Armstrong’s belief is influenced by XRP’s properties, the power of its community, and its tendency to attract developers and investors. According to Armstrong, XRPL is permissionless and as decentralized as most other layer-1 networks. Ben Armstrong, a renowned cryptocurrency influencer, believes XRP would be among the top performers in the next bull cycle, considering the token’s properties, the power of its community, and its tendency to attract developers and investors. The blockchain analyst started by debunking rumors that XRP is centralized. Citing the XRPL, the community-based blockchain protocol behind XRP, Armstrong noted that it is a blockchain that is permissionless and as decentralized as most other layer-1 networks that it is competing against. In a recently uploaded video, the crypto influencer explained that the most crucial part of the XRPL is the native to...

Several prominent financial services companies held meetings with the SEC over the past week to discuss potential approvals for their proposed Bitcoin ETFs. JUST IN: 🇺🇸 SEC holds meeting with BlackRock to discuss its Spot #Bitcoin ETF. — Watcher.Guru (@WatcherGuru) December 12, 2023 According to ETF analyst James Seyffart, BlackRock, the world’s largest asset manager, met with the SEC yesterday for the third time in as many weeks. Investment management firms Franklin Templeton and Fidelity also sat down with regulators last week, while Grayscale Investments had its own meeting the week prior. Nothing groundbreaking to report but 4 different issuers have met with the SEC regarding their #Bitcoin ETF filings in last few days. @BlackRock met with them yesterday for the third time in as many weeks. While @Grayscale, Franklin, and @Fidelity each had meetings last week pic.twitter.com/5gwBk83m0o — James Seyffart (@JSeyff) December 12, 2023 ...

Law professor David Mills, who defended FTX ’s Sam Bankman-Fried in his high-profile Crypto fraud trial earlier this year, has claimed that his friendship with the disgraced former CEO’s parents may not survive the case. He has also suggested that Bankman-Fried, who was found guilty of seven fraud and conspiracy charges in November, may be “at the very top of the list as the worst person I’ve ever seen do a cross-examination.” As reported by Bloomberg, Mills, out of loyalty to the FTX chief’s parents, agreed to fight Bankman-Fried’s corner in December 2022. He also told them that he would “see this through for you and do my best.” However, the legal veteran claimed that he believed the case to be virtually unwinnable from the get-go . He pointed specifically to pre-trial rulings by US District Judge Lewis Kaplan, and the fact that Bankman-Fried would be up against three strong prosecution witnesses, namely Alameda CEO Caroline Ellison, FTX co-founder Gary Wang, and ...

TLDR Rebel Satoshi (RBLZ) is building a strong ecosystem that strives for the supremacy of decentralization with a stunning 150% price gain prospect. Ethereum ( ETH ) investors could witness ETH crossing the $3,500 price mark in 2024. Experts believe the price of BNB will surge by 78% in 2024. The crypto landscape is more than just monetary gains; investors now prefer projects with a sustainable ecosystem for sustainable growth. Rebel Satoshi (RBLZ), Ethereum (ETH), and Binance Coin (BNB) focus on fostering a sustainable ecosystem. But the main question is, which of these top altcoins has the most sustainable ecosystem and is the best crypto to invest in? Rebel Satoshi: A Community-Driven Moment Aiming Big Rebel Satoshi has emerged as a community-driven movement with grand ambitions, setting its sights on redefining the crypto landscape. As we delve into a comparison with Ethereum and BNB, Rebel Satoshi’s unique approach to fos...

South Korea moves to implement an enforcement decree for crypto user protection. The enforcement regulations specify that 80% of users’ crypto must be in cold storage.  The preliminary notice of legislation will last until January 2024, with the law taking effect in July 2024. The South Korean government has taken a decisive step towards safeguarding virtual asset users and ensuring a secure trading environment in the crypto market. Under the Financial Services Commission, South Korea has moved to implement the Enforcement Decree of the Act on protecting virtual asset users alongside the accompanying supervisory regulations.  The Enforcement Decree is based on the “Virtual Asset User Protection Act,” promulgated in July. Per the official communication, the enactment process, including the enforcement ordinance, entered a preliminary notice of legislation starting Monday, December 11. This will last until Monday, January 22, next year.  Furthermo...

Dan Gambardello warned in his latest analysis that ADA could suffer a 20-27% drop in price soon. ADA recorded a new higher low on its weekly chart, which may trigger a wave of profit-taking from traders. At press time, ADA was changing hands at $0.5551 after it dropped more than 5% over the past 24 hours. The cryptocurrency analyst and trader Dan Gambardello warned in his latest Analysis that Cardano (ADA) may be at risk of correcting 20-27% soon. His prediction comes after the altcoin was able to record a higher low on its weekly chart which is higher than the previous “swing high.” Despite the potential for a strong pullback in ADA’s value, the analyst did not outweigh the possibility of ADA’s price continuing its climb. In this bullish scenario, his upside target is at $0.65. One thing to take note of, according to the analyst, is that ADA has entered overbought territory. Although an altcoin entering overbought territory is not a definitive sign that...

Dec 10, 2023 at 18:20 // Price Author Coin Idol Solana (SOL) rallied above the 21-day SMA as buyers overcame resistance at $68.13. Long-term outlook for Solana price: bullish The uptrend has reached a high of $76.20 and could continue to rise to the expected price target of $80. Solana will continue to rise if the expected price level is reached and broken. On the plus side, Solana is clearly overbought if the forecast price level is reached. If the sellers emerge from the overbought position, the market will be between $57 and $80.  On the downsi...

As the year draws to a close, the cryptocurrency market often experiences a significant increase in activity, creating opportunities for investors to benefit from the festive season. Despite Bitcoin’s impressive surge to $43,148.35, not everyone may find it within their financial reach. Nevertheless, there are still promising cryptocurrencies trading below the $1 mark that could serve as excellent Christmas investment options. Here are the top 3 crypto tokens under $1 that could bring holiday cheer to your investment portfolio this Christmas. Cardano (ADA): With a recent surge in popularity among institutional investors and a notable increase in transactions exceeding $100,000, Cardano (ADA) appears poised for a bullish trend, making it an attractive option for holiday season investments. The crypto is currently trading at $0.494075, reflecting a 13% surge in the last 24 hours. Additionally, ADA has displayed resilience with a 29% gain over the previous seven days and an impre...