Ethereum’s Way Forward: Analysis of Current Trends and Indicators Ethereum is painting a promising picture as it approaches the end of the year with its resilience to market volatility. The cryptocurrency has recently bounced back with an increase of over 8% and is currently trading around $3,389.53; its market cap exceeds $408 billion. This upward momentum raises questions about Ethereum’s potential to recapture the $4.7k level it reached in November 2021.
With the increasing investor interest, leading crypto analysts are suggesting that Ethereum is on the verge of breaking its previous record. Prominent analyst AlejandroBTC noted that he expects a potential ATH by the end of the year, and drew attention to the resistance levels that ETH needs to overcome in order to achieve this goal.
When we examine Ethereum’s daily chart, we see that the token is struggling to break the $3.4k resistance level. Despite these hurdles, technical indicators offer promising signs of a bullish trend. For example, the 9-day MA has crossed over the 21-day MA, indicating a possible upward momentum in the coming days.
Trump said in a statement that Tesla CEO Elon Musk and former Republican presidential candidate and co-founder of Strive Asset Management Vivek Ramaswamy will lead the department. Together, they will “pave the way for my administration to eliminate government bureaucracy, reduce excessive regulation, cut wasteful spending, and restructure Federal Agencies,” he said.
Dogecoin has been up 20% at one point. It is currently up 10.79% from yesterday.
Dogecoin has been one of the biggest winners of the post-election rally, gaining 153% since Election Day, compared to Bitcoin’s 30% gain in the same period. It also surpassed XRP this week to become the sixth-largest cryptocurrency by market cap. Its market cap is $57.49 billion.
What is RSIC? Rune-Specific Inscription Circuit is a system built on Bitcoin that allows users to earn inscriptions on Bitcoin. This system is built on the foundation provided by the Ordinals protocol for writing data into satoshis and creating Bitcoin Non-fungible tokens (NFTs).
RSICs are inscriptions embedded in Bitcoin blocks using the Ordinals protocol. There are currently 21,000 RSICs available and distributed to members of the Ordinals community.
The project uses runic symbols contained within grids mapped to the latest Bitcoin block summary. If successful, RSIC will generate 335 RUNECOINs for each block and have a base value of 21 RUNECOINs per block. The different reward types are flat, boosted, random and halving. #Binance
The DeFi discussion includes Coin98, which aims to bring together and allow users to participate in cross-chain activities offered by the decentralized finance industry. Potential demand for DeFi solutions. Pocket Network enables reliable and scalable blockchain interactions, promoting greater accessibility and efficiency in the Web3 space. Sanctum Infinity is developing a liquidity solution for everyone LSTs on the Solana network and making LSTs tradable between each other. Veno Finance is a decentralized liquidity staking protocol that aims to provide innovative financial services and liquidity within Cronos ($). CRO) ecosystem. Helium IoT Network is a decentralized network that leverages blockchain technology to deliver low-cost and efficient IoT connectivity solutions.#DEFİ #Binance #Bitcoin
In blockchain technology, Hydro Finance's main innovation is the liquid staking approach. By allowing users to stake their tokens without sacrificing liquidity. deBridge stands as a high-performance and secure interoperability layer for Web3 that facilitates decentralized transfers of arbitrary messages and value between different blockchains. To guarantee data reliability, Filecoin uses unique consensus mechanisms, Proof of Replication (PoRep) and Proof of Spacetime (Poiling). #BinanceHerYerde #blockcain
Regarding NFTs, Altered State Machine is a decentralized hub that leverages the power of NFTs to create artificial intelligence agents. Metahero incorporates Wolf Digital World's ultra-high-resolution metascanning technology into its metadatabase, allowing anyone to digitize and tokenize anything. real world element.#NFTRewards #nftcollection
What will be the latest situation of Botsa? Just hang on, it's just a matter of time. He needs 1 day to sell his $BTC End of Day Report The German government currently has only 3,846 BTC ($223.03 million) left in its address. Today, a total of 5,248.2 BTC ($301.22 million) was transferred to exchanges and market makers. The patient always wins
The cryptocurrency market, which experienced a great rise in the first quarter of 2023 and whose total market value exceeded 4 trillion dollars, was shaken by a correction movement that started in April. Cryptocurrencies have to deal with problems such as high volatility, cyber attacks, legal uncertainty and environmental impact. Regulation of cryptocurrencies is also a controversial issue. While some countries ban cryptocurrencies, others are trying to recognize and regulate cryptocurrencies. The cryptocurrency market may require greater oversight, compliance, education and collaboration in the future.
The cryptocurrency market, which is considered one of the most important developments in financial technology, offers an alternative option to traditional financial systems. However, determining your strategy without forgetting its disadvantages will enable you to minimize your losses in the future.
BUT DO NOT SELL AT A LOSS........ Friends, even though we have already cost from the bottom these days, since the market does not move in any way, it continues to cause maximum pain to both the inside investors and investors like us who thought about the bottom and bought it. 📌The most important reason why they can keep the coins at whales' prices is that the new investor has not entered the market yet. Therefore, they continue to inflict maximum pain both because they know that there are no new investors and because they cannot get the inside investors fed up and sell. 📌At the same time, slogans are being shouted that there will be lock openings and that ETF money will not be included in altcoins. It is really a great test of patience, but personally, I will not go out in any way. 📌We have a clear path ahead. If they want nothing from the declines they have made here, they should take another leg. Those money will go into our coins and every patient follower of mine will succeed.. 📍We have always succeeded, we will succeed again and again. Confidence in Bitcoin has come again, it is the turn of altcoins to bring confidence to the market and attract new investors.. IT WILL RISE ONE WAY OR THAT WAY..
The cryptocurrency market is full of growth opportunities and opportunities for investors looking for the best cryptocurrency to buy in 2024. Many analysts agree on the same crypto forecast for 2024, stating that five cryptocurrencies namely ThorChain's RUNE, Arbitrum's ARB, Injective Protocol's INJ, Render Network's RNDR, and Pendle's PENDLE He says it is the best cryptocurrency for 2024.
FOOTNOTE. . . DO NOT MAKE ANY PURCHASES WITHOUT THOROUGH RESEARCH (ytd)
🤜🤜EVERYONE LOOK HERE. BINANCE IS AVAILABLE TO EVERYONE AT THE LAST MINUTE 🤜🤜 Friends, this warning is very important. These scams have increased tremendously lately. I will give you the details below. This warning has been officially made by Binance. Here are the details; Dear Binance Users, We know that online scams and scams are a constant threat, and scammers specifically target investors. Unfortunately, one of these types of scams is the “Launchpool” scam. As Binance, we do our best to prevent such incidents and ensure the safety of our users. We want to give you information on what to do when you encounter suspicious or unclear situations. First of all, please be careful: -Binance's official Launchpool events are announced only on Binance.com and the Launchpad/Launchpool tab in the Binance mobile application. Never trust "Launchpool" events announced on any third party or social media platform. -Binance never directly requests private keys or wallet information from its users. Additionally, Binance does not ask you to buy tokens with the contract address. -When you need to log in to your Binance account, just log in to Binance's official website (https://www.binance.com) or app. If you encounter anything that you believe to be fraudulent activity, please contact Binance customer service and notify local authorities. We always consider your security as our top priority and we will continue to share information with you on this subject regularly. Thank you for your interest and attention!
Guys, I've been waiting for this all along. And I expect the worse. We valued something that was nothing at 3.5 trillion dollars, an average of billion dollars was liquidated every week. When you add these up, you will see what kind of fraud has happened in 8-10 years…. During the 2008 mortgage crisis, they printed money and distributed dollars to the market, then collected that money by paying interest and burned it!!! But since this was unsustainable, they made up the fake money called bitcoin in 2008-2009! In the current scenario, instead of collecting and burning the money distributed during the pandemic by giving interest, they implemented the crypto formula! While Russia and its allies are the largest crypto producer and have been at war for 2 years and it is only a matter of time before they face NATO, bitcoin has not been affected by this, Israel has been at war for more than 6 months but bitcoin has always risen. Bitcoin's sudden collapse was needed after these EFTs and halving lies, so an excuse was needed because it would arouse people. They hid behind this false excuse (supposedly Iran attacked Israel))) by informing and sending siha in plain sight)))) Israel-Iran War Is Not Responsible for Market Collapse Wars do not define the value of cryptos The China-Taiwan war hasn't even raised any dust in the crypto space. China is responsible for mining over 21% of all BTC annually. The only reason for a market crash is the withdrawal of large amounts of money from the market. The pilots of the market have mined billions of dollars and as an excuse to make you comfortable while all the money is being taken, they are telling you that Israel and Hamas are responsible for the collapse of the market. Two weeks ago the biggest whales controlling billions withdrew billions from the market. The thing is so far; Now they will burn up and down and withdraw billions themselves, the second lie is the fed interest rate decisions, if necessary, they will even increase the interest rate instead of reducing it to further collapse the market!!!! Since they will know in advance, it will be given to us.
There are a lot of fake cryptos circulating in the #Write2Earn #SAGA Friends #Binance list. If there is a token pre-sale to be listed, you can already do so on the official page. The influencers who say that it will make you a lot of money, for example, buy #SAGA , buy it safely from your Binance wallet, it will fly like this and run away like that, ALL are scammers. Yes, you can buy the token he mentioned from the swap exchange with any compatible wallet, regardless of Binance or Metamask, with the contract address he gave you, but the IMPORTANT part is that YOU CANNOT SELL IT BACK IN ANY WAY!!!!! If you buy it, both your wallet and the swap exchange will warn you. THIS TOKEN CONTAINS HIGH RISK. etc.. etc.. . If you still insist on buying it, get well soon. You keep it in your wallet as a souvenir. The fact that you can receive it from your Binance wallet is definitely not a guarantee. The money is in your wallet. Binance or swap exchange does not interfere with what you want to do. Don't make ridiculous statements like we were defrauded by Binance later. You can either throw the money in your pocket on the street, deposit it in the bank, or give it to a beggar or a fraudster. Nobody says you can't give. It just warns you. BE CAREFUL.
At the heart of Ethena is USD, a synthetic currency designed to resist censorship and maintain stability in the cryptocurrency market. This stablecoin is fully reserve-backed, on-chain and scalable, allowing users to freely transact in decentralized finance (DeFi). In addition, Ethena introduces the concept of “Internet Bonds”, providing users with a unique opportunity to profit through staking and market arbitrage.