Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
Play Blockchain
--
Follow
🥳🥳🥳👇🎁 Free $100 Giveaway 🎁👇🥳🥳🥳
🥳 BPQPX2Z6RM 🥳
Red Pocket
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
21
0
Replies
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
Play Blockchain
@Square-Creator-51c206755
Follow
Explore More From Creator
Solana Buyers Outnumber Sellers 2-to-1 —SOL Price to Hit $150? #sol Solana on-chain analysis examines how changes in key fundamental growth metrics, and sentiment among network participants could impact SOL price action. Key Insights: Solana (SOL) price rose to a historic 20-month peak of $126 on Dec 25, before entering a 12% retracement to $110 on Tuesday morning. Before the correction on boxing day, Solana had posted 6 consecutive days of bullish price action Wallets buying SOL currently outnumber those selling 2:1 signaling that the price pullback was not triggered by significant deterioration in the Solana network’s growth fundamentals. Solana (SOL) price delivered a blistering 18% rally on Christmas day, bouncing from $107 to a peak of $126 within the Dec 25 daily timeframe. On-chain analysis examines how changes in Solana’s fundamental growth metrics, and the overall sentiment among network participants could impact SOL price action in the days.
--
Solana Leads Altcoin Surge Surpassing Binance (BNB) – Will SOL Price Sustain the Bullish Trend? #sol The cryptocurrency market is witnessing a seismic shift as Solana (SOL), often called a “Ethereum-killer,” experiences a remarkable surge, outperforming its peers in the altcoin sector. This trend, highlighted in a recent Coin Shares weekly report, indicates a significant movement of investment capital from Bitcoin (BTC) to more diverse altcoin offerings. Solana’s Impressive Market Performance Solana’s trajectory has been nothing short of stellar. The platform has seen a more than 700% increase in value since the lows of the recent crypto bear market, further aggravated by the FTX and Alameda Research crisis. A critical factor in this growth is the impressive $1.36 billion total value locked (TVL) in Solana’s decentralized financial (DeFi) platforms. This achievement has garnered attention and attracted substantial support from institutional investors keen on exploring the potential of Solana’s web3 ecosystem. The Coin Shares report sheds light on the shifting dynamics in cryptocurrency investments. While Bitcoin experienced a cash outflow of $33 million, Solana’s investment products led the altcoin market with an inflow of about $10.6 million. This shift underscores a growing investor interest in alt coins, particularly those with robust technological foundations and promising market prospects like Solana.
--
BTC/USD powering north; $45k top eyed amid potential spot BTC ETF approval Spot BTC Approval? Following Blackrock, NASDAQ, and the SEC, conducting their second meeting this month to discuss a potentially game-changing Spot Bitcoin Exchange-Traded Fund (ETF), analysts are projecting that approval could come as soon as early January. This, coupled with the Fed’s dovish pivot and the markets behaving accordingly (equities higher; dollar and US yields lower), which was largely based on slowing inflation, BTC/USD will likely continue to welcome bids. Notably, the technical position for the major crypto remains resolutely positive. The weekly and daily charts exhibit clear-cut uptrends: a series of higher highs and higher lows. Further, both the 50-day simple moving average and the 200-day simple moving average (SMA) are directed to the upside, currently trading around $38,878 and $31,012, respectively, together with price trading comfortably north of the SMAs, as we write. Higher Levels Targeted The upside push today has buyers and sellers now squaring off around resistance on the daily timeframe at $43,828, following a rebound from support at $41,500 earlier in the week. Overthrowing current resistance unearths YTD tops of $45,000 and another layer of daily resistance coming in at $45,525, which happens to sit just south of a major weekly resistance zone between $48,565 and $46,112. Therefore, bulls still have their work cut out for them. However, in light of the Fed’s dovish message and pending approval of a spot BTC ETF, sellers may be few and far between at the above-noted resistances and this could, therefore, prompt any dips to be bought into. #BTC
--
#NFP Binance Launchpool Introduces Its 41st Project NFPrompt (NFP), AI-based UGC Platform NFPrompt, a cutting-edge Web3 tool, is on a mission to empower ordinary users by transforming them into content creators and reshaping the way they monetize their work using advanced AI tools. Below are the token details for the Binance NFPrompt (NFP) Launchpool: Token Name: NFPrompt (NFP) Total Token Supply: 1,000,000,000 NFP Launchpool Token Rewards: 110,000,000 NFP (11% of total token supply) Initial Circulating Supply: 250,000,000 NFP (25% of the total token supply) Smart Contract Details: NFP Token (NFP) Staking Terms: KYC required Hourly Hard Cap per User: 52,380.95 NFP in BNB pool 6,547.62 NFP in FDUSD pool 6,547.62 NFP in TUSD pool
--
$BTC Bitcoin Spot ETF Biggest Development on Wall Street in Last 30 Years, Says Michael Saylor A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he predicted. MicroStrategy's Executive Chairman, Michael Saylor, asserts that the upcoming spot Bitcoin exchange-traded funds (ETFs) could be the most significant development on Wall Street in 30 years. Drawing parallels to the impact of S&P 500 ETFs, Saylor highlights the historical absence of a "high bandwidth" channel for mainstream investors to access Bitcoin, a gap he believes will be filled by spot ETFs. Saylor predicts a dual impact on Bitcoin's market dynamics – a demand surge triggered by spot ETFs and an impending supply shock from the April halving event, reducing daily Bitcoin production from 900 to 450. While anticipating a substantial Bitcoin bull run in the coming year, Saylor refrains from specifying potential price increases. Addressing concerns about a Bitcoin ETF diverting interest from MicroStrategy, often seen as a Bitcoin ETF proxy, Saylor underscores MicroStrategy's unique position as an operating company. Unlike ETFs, MicroStrategy can strategically leverage its cash flow for Bitcoin accumulation without imposing ownership fees, ensuring its resilience amid evolving market dynamics. In essence, Saylor envisions spot Bitcoin ETFs reshaping the crypto landscape, setting the stage for a significant bull run while emphasizing MicroStrategy's distinct advantage in navigating these changes. #BTC
--
Latest News
Grayscale Completes Reverse Stock Split for Bitcoin and Ethereum ETFs
--
BNB Surpasses 620 USDT with a 0.95% Increase in 24 Hours
--
Michael Saylor Increases Convertible Note Offering to $2.6 Billion Amid High Demand
--
Whale Sells DOGE at Significant Loss
--
Fnality International Evaluates New Leadership After CEO Announces Retirement
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
