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VeChain (VET) Poised For a Bull Run? The Biggest AI #MEME Token has launched! Turn $100 USD into $3,000 USD, Expect 30X Profit from AIG MEME Token. Join the Airdrop and Pre-sale at the Official Website ➯ PlayAiGames.online VeChain saw a fantastic run this week after Bitcoin hit an all-time high of $82,379. The broader cryptocurrency market is brimming with positivity as leading altcoins hit new highs this month. VET rallied close to 35% on the heels of the US election result and is currently trading at $0.026. Investors who took an entry position days before the U.S. election results made massive profits in VeChain. Now that the markets kick-started a storm, will VET move further up in the charts? In this article, we will highlight whether taking an entry position in VeChain is a good choice. Should You Invest in VeChain (VET) Now? Leading on-chain metrics and price prediction firm CoinCidex has painted a rosy picture for VeChain. According to the price prediction, VET could reach a maximum high of $0.036 next month in December 2024. That’s an uptick and return on investment (ROI) of approximately 40% from its current price of $0.026. “VeChain is predicted to finish the year by changing hands in a trading channel between $ .026399 and $0.064542,” read the price prediction. The forecast also reveals that VET’s average trading price in December could hover around the $0.030 mark. Therefore, the estimate indicates that the supply chain-based altcoin could trade in the green for the next two months. The optimism in the cryptocurrency market is high after Trump clinched the presidency. His closeness with Tesla CEO Elon Musk is what’s driving the markets to reach new monthly highs. VeChain has benefitted from the bull run and Trump appears to be friendly with cryptocurrency policies. The development could make VeChain and the cryptocurrency markets surge further as anticipation of a Trump economy remains positive. #VeChain #VET #Altcoins #CryptoNews
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Solana (SOL) Needs to Hold $200 for Next Rally: Will It Succeed? The Biggest AI #MEME Token has launched! Turn $100 USD into $3,000 USD, Expect 30X Profit from AIG MEME Token. Join the Airdrop and Pre-sale at the Official Website ➯ PlayAiGames.online Solana started a fresh increase above the $200 support zone. SOL price is correcting gains and must stay above $200 for a fresh increase. SOL price started a fresh increase after it settled above the $188 level against the US Dollar.The price is now trading below $212 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $210 on the hourly chart of the SOL/USD pair (data source from Kraken).The pair could start a fresh increase if the bulls defend the $200 support zone. Solana Price Starts Downside CorrectionSolana price formed a support base and started a fresh increase above the $185 level like Bitcoin and Ethereum. There was a strong move above the $195 and $200 resistance levels. The price even cleared the $212 level. A high was formed at $225 and the price is now correcting gains. There was a move below the $220 and $212 levels. The price dipped below the 50% Fib retracement level of the upward move from the $195 swing low to the $225 high. There was a break below a key bullish trend line with support at $210 on the hourly chart of the SOL/USD pair. Solana is now trading below $212 and the 100-hourly simple moving average. The price is now approaching the key support at $200 and the 76.4% Fib retracement level of the upward move from the $195 swing low to the $225 high. On the upside, the price is facing resistance near the $208 level. The next major resistance is near the $212 level. The main resistance could be $225. A successful close above the $225 resistance level could set the pace for another steady increase. The next key resistance is $242. Any more gains might send the price toward the $250 level. #Solana #SOL #CryptoNews #Altcoins
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Avalanche Price Jumps 57%, AVAX Price Eyes To Go 2X This Month? The Biggest AI #MEME Token has launched! Turn $100 USD into $3,000 USD, Expect 30X Profit from AIG MEME Token. Join the Airdrop and Pre-sale at the Official Website ➯ PlayAiGames.online The crypto market has achieved the $3 Trillion mark as the Bitcoin price approaches the $90,000 mark. Following this, top altcoins such as Avalanche have gained a significant uptrend in their valuation over the past few days. With the cryptocurrency market achieving a new milestone each day, is it too late to consider Avalanche tokens for your portfolio? In this article, we have covered the market sentiments and possible short-term price analysis of Avalanche (AVAX) crypto token. AVAX Price Breaks Its Important Resistance Level! With a jump of 6.11% in the past day and a trading volume of over $2 billion, the Avalanche price has reclaimed the $34. Moreover, this altcoin has jumped 46.51% in the past seven days and 16.99% during the past 30 days. The Moving Average Convergence Divergence (MACD) has a rising green histogram with its averages showing a constant uptrend. This suggests that the altcoin may continue gaining value this week. Further, the SMA indicator supports the AVAX price chart in the 1D time frame. This highlights an increase in the buying pressure for the Avalanche price in the market. Will AVAX Price Hit $50 This November? Suppose, the bullish sentiment sustains, this could push the Avalanche token toward its resistance level of $40. Maintaining the price above that level could set the stage for it to head toward its upper resistance level of $50 during the upcoming time. On the flip side, if the bears overpowered the bulls, this could result in it retesting its support level of $31.50. Moreover, if the bearish sentiment intensifies, this could pull the price toward its lower support trendline of $24.30 this month. #AVAX #Avalanche #Cryptonews #Altcoins
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Aptos Price Poised for $20 Following Bitwise ETF Launch Announcement The Biggest AI #MEME Token has launched! Turn $100 USD into $3,000 USD, Expect 30X Profit from AIG MEME Token. Join the Airdrop and Pre-sale at the Official Website ➯ PlayAiGames.online Aptos Price (APT), a Layer 1 Proof-of-Stake (PoS) blockchain, is gaining momentum, reflecting a strong bullish trend. Since the U.S. elections, The token has surged alongside other cryptocurrencies, standing out as one of the top-performing tokens in recent days. Currently positioned for a potential breakout, Aptos appears set to challenge the $20 mark, which could push it to new all-time highs, particularly following Bitwise’s announcement of its upcoming ETF launch. Aptos Price Eyes $20 on Bitwise ETF Launch Aptos price anticipates a surge, potentially reaching $20, as Bitwise announces its Aptos ETF launch in Switzerland. Bitwise, a major player in asset management, plans to list this ETF on Switzerland’s primary stock exchange, SIX, enhancing its credibility and appeal. The Aptos ETF will include staking capabilities, giving investors additional benefits. With this launch, Aptos strengthens its position in the crypto space, attracting traditional and digital asset investors. This move by Bitwise reflects the growing interest in Aptos and aligns with Switzerland’s supportive crypto regulations. Many anticipate this ETF listing will drive top altcoins to new price levels. APT Price Soars Amid Bullish Momentum The Aptos price has spiked by an impressive 50% within the past week, driven by renewed market interest and favorable market conditions. At the time of writing, the latest APT price hovers at $12.25, marking a daily increase of 8%. This recent rally reflects the cryptocurrency’s growing momentum in the market, with Aptos recovering significantly from its previous low of $3.09, recorded on December 30, 2022. #Aptos #Bitwise #Cryptonews #Altcoins
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Bitcoin bull run could continue for 200 days before possible US recession – Report The Biggest AI #MEME Token has launched! Turn $100 USD into $3,000 USD, Expect 30X Profit from AIG MEME Token. Join the Airdrop and Pre-sale at the Official Website ➯ PlayAiGames.online Bitcoin’s current market cycle indicates a potential peak in about 200 days, coinciding with forecasts of a possible US recession by mid-2025. According to recent research from Copper.co, this alignment emerges as Bitcoin reaches day 554 of its cycle. Historically, Bitcoin’s market cycles average 756 days from the point when the annual average growth of its market capitalization turns positive until it hits a price peak. Copper.co assesses that the present cycle began around mid-2023, shortly before BlackRock filed for a Bitcoin exchange-traded fund. Bitcoin could peak around mid-2025, approximately 200 days from now, if the pattern holds. Copper.co uses JPMorgan’s estimate of a 45% chance of a US recession occurring in the second half of 2025 to showcase a potential overlap of Bitcoin’s peak with economic downturn predictions, adding a layer of complexity to market expectations. Investors may find this intersection significant when considering portfolio strategies amid macroeconomic uncertainties. Realized volatility for Bitcoin currently stands at 50%, reflecting the standard deviation of returns from the market’s mean return. Implied volatility, which gauges market expectations for future volatility, recently hit its highest level of the year. This suggests ongoing market turbulence as 2025 approaches, with a possible bullish undertone influencing trading behaviors. Bitcoin’s Relative Strength Index (RSI) is at 60, significantly lower than previous bull market highs. Copper.co’s report highlights that by extending the RSI’s look-back period to four years—a timeframe that reduces short-term noise—the indicator shows substantial room for growth. #BTC #BULLRUN24 #Bitcoin #Cryptonews
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