Artificial intelligence has determined the price of BNB for Valentine's Daу. The price of Binance Coin (BNB) follows the general trends of the crуptocurrencу market. Over the past 24 hours, the exchange token has increased bу 15%, on a weeklу basis bу 7.5% and bу 8.8% compared to the previous month. According to Changellу experts, BNB could rise to $З74.40 on Valentine's Daу on Februarу 14th. Reaching this mark relative to current values will mean an increase of more than 16%. The token’s price victories will not end there, as Changellу expects BNB to cross the $400 level bу the last week of Februarу. According to their calculation, BNB will reach $414.77 on Februarу 24, 2024, which is almost 29% more than the current price level. CoinCodex's machine learning algorithms also predict that Binance Coin (BNB) will rise during Februarу. According to the AI, BNB will rise to $З51.15 on Februarу 14, 2024, which is about 9.З% more than the current price. At the same time, BNB is expected to reach $400 on Februarу 18, and bу the end of the month it will rise above $560 (an increase of 74% relative to the price on Februarу 9). According to Kaiko, Binance has regained its top spot among crуpto exchanges with more than 50% of the global market share. The rebound follows the US Securities and Exchange Commission's recent approval of 11 spot Bitcoin ETFs (exchange-traded funds) and the exchange's settlement with the US Department of Justice. The largest crуptocurrencу exchange bу volume also recentlу announced that it was suspending B-token withdrawals from the BNB Beacon Chain in support of BEP2. B-tokens are a tуpe of wrapped token. #BNB$BNB #Writer2Earn
Bitcoin will reach $100,000 this year Kevin Swenson, a crypto analyst on YouTube, has made a prediction regarding future Bitcoin price trends, predicting a significant rise towards the $100,000 mark within the current year. He claims that following the upcoming halving in April, Bitcoin is poised to go parabolic, based on the cryptocurrency's bullish appearance on the weekly chart.
Halving entails the reward for Bitcoin miners being cut in half, resulting in a reduction in the number of new Bitcoins in circulation. Historically, data has shown that when demand is stable or growing, a decrease in supply usually causes the price of BTC to increase.
Bitcoin currently dominates the cryptocurrency market, especially following the launch of spot Bitcoin ETFs in the US. Breaking past $48,000 recently sparked talk of the return of a strong cryptocurrency bull market.#Write2Earn#TrandNTell$BNB
The trader earned about $1.2 million from the Pandora pump.
There is an increase in prices for new Pandora tokens, which will bring the trader about $1.2 million in two days. Lookonchain analysts pay attention to this.
On February 4, a user purchased 154 Pandora for $97,484 at a coin price of $633. After the token reached a price of $7,548 a few hours ago, he sold 25 Pandoras for $188,695 for a profit of $91,211.
The trader is currently using 129 Pandora worth $1.1 million.
At the time of writing, the price of the coin is $7,300. The daily increase was ~300%, according to CoinGecko.
Pandora is the first token issued based on the experimental ERC-404 token standard. This represents a mixed ERC-20/ERC-721 product with native liquidity and fractionation.#Write2Earn#TradeNTeel
There was a glitch in the Solana blockchain 02/06/2024 Roman Petrov
On February 6 at 09:52:45 UTC (+3 Moscow time, +2 hour Kyiv), the Solana network stopped processing clocks.
At the time of cooking, the device does not work for about an hour. At the time of cooking, the device does not work for about an hour.
Laine, the LED software developer and Solana validator, clarified that the failure occurred due to a “decreased performance” of the main network. #Write2Earn#TradeNTeel$SOL
Bitcoin will become more expensive than gold and reach $500,000
Blogger PlanB predicts that after the upcoming halving, Bitcoin will become scarcer than gold and real estate, possibly reaching prices in the region of $500,000.
He bases his predictions on the Stock-to-Flow model. Plan B points to an increase in Bitcoin's 200-week moving average price and assumes that the asset will not fall below $31,000 again. It did not specify a specific time frame for the price to reach $500,000.
At the end of January, ex-CEO of BitMEX Arthur Hayes suggested that Bitcoin would fall below $35,000 due to various factors, including Fed policy, military conflicts and the US elections. Other analysts are also making their predictions, but the exact time frame remains unclear.
Founder of MN Trading Consultancy Michael van de Poppe noted that Bitcoin is in a consolidation phase, after which he expects a movement to $48,000 before halving. #Write2Earn#TradeNTell.$BTC
Cardano could soar to $1400 Renowned cryptanalyst Ali Martinez shared his highly optimistic view of the future price of Cardano. His analysis of ADA is based on the token's previous trends in past bull cycles.
Martinez stated in his post that if history repeats itself, Cardano could repeat the history of 2020. According to his analysis, he predicts that ADA will be in a consolidation phase until the beginning of the second quarter of 2024.
Martinez suggests that the current period of consolidation will only serve as an impetus for Cardano's next takeoff. A similar period of calm for the altcoin was seen in November 2020, before its price rose above $3, reaching its current record.
According to the presented chart, the price of ADA is likely to reach a new all-time high after the April consolidation phase in 2024. Martinez set a target for the cryptocurrency around $8, which represents an increase of about 1,400% from the current point.
Halving will raise the price of BTC to $240,000 Scott Melker, known as Wolf Of All Streets, shared information about the upcoming Bitcoin halving, scheduled for April 2024, and expressed the opinion that this event could lead to an increase in the price of Bitcoin to $240,000.
Melker, a well-known trader and investor, explained that the Bitcoin halving will occur when the number of mined blocks reaches 840,000 in April 2024, reducing the block reward from 6.25 to 3.125 Bitcoin.
He stressed that this means cutting the production of new bitcoins in half, making mining more difficult for miners. Melker noted that in the previous halving cycle, Bitcoin rose 250.86%, rising from a high of $20,000 to a high of $69,000. He predicts that even the next 250% taken from the $69,000 high could take Bitcoin's price to $240,000 in next cycle $BTC
The neural network predicts an increase in the price of Ethereum to $6,500 in 2024
The Grok neural network, developed by Elon Mack’s company xAI, predicts an increase in the price of Ethereum (ETH) to $6,500 in 2024.
Artificial intelligence made two predictions: At the end of 2024, the Ethereum rate will range from $4,000 to $5,000; Within a year, the price of ETH may reach a peak of $6,500. Now ETH costs $2296, so if the neural network’s calculation turns out to be correct, then the cryptocurrency will almost triple in price. Grok highly appreciates the prospects of Ethereum due to the development of the ecosystem of this cryptocurrency and the Dencun update, which should take place on February 8.
Thanks to the implementation of this upgrade, the level of scalability of the ETH blockchain will increase and the costs of processing transactions in second-level networks will significantly decrease due to the use of proto-danksharding technology, which allows you to increase the throughput of the blockchain.$ETH
Artificial intelligence determined the price of the XRP token on February 29
On the evening of January 31, most assets in the cryptocurrency sector experienced a price rollback, and this trend also affected XRP. However, machine learning and artificial intelligence (AI) algorithms predict its recovery by the end of February. According to the calculation of price forecasting algorithms on the crypto and stock analysis platform CoinCodex, the price of XRP may increase by February 29, 2024 to the level of $0.543 6. $XRP
Altcoin Buzz experts named the 4 best altcoins for February
Altcoin Buzz researchers have identified four promising cryptocurrencies that will attract investors' attention in February 2024. Experts say that Sui, Manta Network, Solana and Celestia promise stable growth in the coming months. $SUI $SOL $MANTA
A fresh statement from the first vice chairman of the Bitcoin Foundation sparked debate regarding the long-term outlook for cryptocurrency volatility and digital asset market cycles.
Charlie Shrem, a Bitcoin pioneer, predicted that the next bull market for Bitcoin and other cryptocurrencies will be great, but it may also be the last. He believes that the maturity of this segment will lead to the end of the Bitcoin bull market. $BTC $ETH $SOL
Artificial intelligence predicted the price of Terra Classic (LUNC) at the end of February
The bullish trend that has returned to many cryptocurrencies may also reach Terra Classic (LUNC). The fall in the asset price, observed over several weeks, has stopped, and machine learning and artificial intelligence (AI) algorithms give optimistic forecasts for LUNCs on the end of this month. According to the CoinCodex platform, which uses advanced algorithms to analyze financial and crypto markets, the price of Terra Classic will smoothly move upward and by February 29, 2024 it may rise to o mark $0.000107. $LUNC
Bitcoin is confidently predicted to grow to $1,3000 by the end of 2024
End of Year Price Forecast Young notes a continued increase in coins in Bitcoin ETFs, recording an average daily inflow of 4193 BTC, equivalent to $176 million in new net capital la.
To improve the accuracy of his forecasts, Young adjusts this figure to $150 million per day, evenly distributing it over 20–23 trading days of each month.
He also used a more conservative 50x multiplier, as opposed to the original 118x or 100x. This conservative approach yields an estimated monthly BP of $8,000, which projects that the end-of-year target will be achieved at a minimum $131000 per bitcoin. $BTC $ETH $BNB
The market researcher notes several factors driving Ethereum prices higher. Many coins are stuck in staking contracts, making them difficult to sell and creating buyer demand amid increasing interest.
The transition to a PoS mechanism, ETH deflation, the reduction of fees at level 2 and the upcoming DenCun update play a key role in the potential growth of the rate. Airdrops and the EIP 4844 update may also spark increased interest in Ethereum.
According to the latest data, as of the evening of February 2, the price of Ethereum was $2,315, and the market capitalization of the asset reached $278.27 billion. $ETH
Lookonchain analysts noticed a successful trader who managed to turn five Ethereum (ETH) into $3.3 million. The work took only three days. Analysts published details of transactions of a member of the crypto community on their microblog #Write2Earn
According to Lookonchain, the trader had five Ethereum worth $12 thousand at his disposal. To make money on the cryptocurrency, he invested ETH in the PORK coin. The purchase was recorded seven minutes after the start of cryptocurrency trading. For just 5 ETH, the market participant gained 9.5 trillion PORK. #Write2Earn
Against the background of the growth of PORK, the trader sold 6.3 trillion coins back - for ETH. So he gained 329 Ethereum ($765 thousand). Thus, his net profit amounted to 324 ETH ($753 thousand). #Write2Earn The trader has 3.2 trillion PORK worth $2.55 million left at his disposal. #BinanaceTourname#Write2Earn
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