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NerveNetwork is landing on Zksync ecosystem! We're glad to announce that
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Bitcoin ETFs outperformed Gold ETFs by 65% since Debut
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Trump-inspired memecoin MAGA has strong on-chain metrics before US elections Daily active MAGA addresses are rising, indicating network traffic. MAGA's Network Growth metric peaked in mid-July. As TRUMP falls, one generation of whales buys, according to Supply Distribution. After gaining 20% since Sunday, MAGA (TRUMP) trades marginally lower at $3.4 on Tuesday. The former President Donald Trump-based memecoin is set for significant increases as daily active addresses and network growth indicators climb, indicating user acceptance. Supply distribution data also suggests that whales purchased TRUMP's price drop. MAGA on-chain stats suggest a rally. MAGA looks positive in Santiment's Daily Active Addresses indicator, which analyzes network activity. Blockchain use increases as the measure rises, whereas dropping addresses indicate lesser demand. TRUMP's Daily Active Addresses climbed from 903 on Friday to 2,606 on Tuesday, the most since mid-July. TRUMP use is rising, which bodes great for MAGA pricing. MAGA's Network Growth reached 1,226 on Monday, up from 326 on Thursday and the highest since mid-July. A increasing number of new addresses produced everyday indicates greater user adoption and project traction. From October 18, Santiment's Supply Distribution statistic showed whales with 100,000 to 1 million TRUMP tokens decreased from 15.95 million to 11.34 million. In the same time, 1 million to 10 million TRUMP wallets rose from 10.88 million to 16.05 million. This intriguing development suggests that the earliest whales suffered surrender. The second pair of wallets bought MAGA cheaply. #Trump #Maga #NovemberMarketAnalysis #USElections2024Countdown
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CZ Comments on $100 Million Listing Fee Controversy
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Technical Analysis: Will ADA Fall Further? Cardano (ADA) fell below $0.3389 again, raising concerns of a prolonged negative period. This level has historically protected ADA, but its current breach shows sellers are winning. Investors wonder whether ADA's decline would lead to a deeper downturn. This article analyzes ADA's recent slide below the important $0.3389 support level and assesses the potential of a wider downturn as bears tighten their grip. This article will explain ADA's present position, risks, and options in the face of bearish pressure by examining technical signs and market dynamics. Technical Analysis: Will ADA Fall Further? On the 4-hour chart, ADA has broken below $0.3389 and is trading below the 100-day Simple Moving Average. This stance beneath the SMA suggests sellers are in control and a lengthy negative trend. The $0.2388 level will be critical if selling pressure continues. The 4-hour Composite Trend Oscillator for ADA shows negative signs as the SMA and signal lines have dipped below zero and are reaching the oversold zone. This action usually signals that selling pressure is rising and sellers are dominating the market. Cardano's daily chart shows a bearish candlestick pattern that indicates additional selling pressure below $0.3389. This pattern suggests sellers are in charge of the market, constantly forcing the price down, predicting greater losses. A detailed look at the 1-day Composite Trend Oscillator suggests Cardano will lose for a while. A big negative momentum shift has occurred as the signal line has fallen into the oversold zone after failing to break above the SMA line. Cardano may struggle to recover if this bearish trend persists, which might slow price movement. Watch These Levels In The Coming Days Cardano confronts a tough market, therefore investors must watch many crucial milestones in the next days. The $0.2388 support level may defend against further declines. If ADA stays above this mark, it might rebound to $0.3389 or higher. #ADA #Cardano $ADA
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Bernstein predicts Bitcoin will reach $200,000 by 2025 Bernstein, a private wealth management firm, analyzes developing areas including digital assets. Previous studies on Bitcoin's rise covered institutional acceptance, economic implications, and blockchain technology effects. The crypto world is buzzing as the business made another big prediction. Bernstein predicts that Bitcoin (BTC) might reach $200,000 by 2025 regardless of the US presidential election. The company's expert believes BTC, which is digital gold, will rise in price next year due to scarcity. Analysts say institutional adoptions, upgrades, and demand in the crypto industry will affect the coin's price more than political upheaval. Analysts worldwide expect the crypto community's policies to change after the election. The outcome of this year's presidential election will greatly impact the new crypto rules. Bernstein believes Bitcoin will overcome all swings and achieve its expected value by the end of next year. Market Impact As individual and institutional investors see Bitcoin as a long-term gamble, Bernstein's projection may stimulate interest. Holding Bitcoin may offer big gains in the next years due to the expected price. If the projection is accurate, digital asset use will accelerate and financial innovation will expand. Innovation may also concentrate on blockchain technology, spurring new breakthroughs. Bitcoin's ability to meet this forecast will be watched closely in 2025. #NovemberMarketAnalysis #BTCMiningRevenue #NovCryptoOutlook $BTC
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