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🚀🚀🚀 #NEAR🔔 Price Prediction: Near Protocol Pushes Past $4 Barrier – Is It Too Late to Buy? 🚀🚀🚀 NEAR Protocol has surged above $4 with a 24-hour trading volume of $75 million, holding a strong rank at #22 with a market cap of $4.18 billion. With over 1 billion NEAR coins in circulation, its technical outlook reveals a pivot point at $4.01 and bullish indicators, including an #RSI of 65. Resistance is at $4.53, $4.79, and $5.01, while support lies at $3.78, $3.51, and $3.23. Trading above the 50-Day EMA signals a short-term bullish trend, supported by an upward channel and a hammer candlestick pattern. NEAR Protocol is poised for potential upward movement, presenting opportunities for traders. Sponge V2 has emerged as a new player in the meme coin realm, succeeding Sponge V1's success. The unique staking approach and Play-to-Earn (P2E) integration set Sponge V2 apart, with exclusive $SPONGEV2 token earnings through $SPONGE staking. The ecosystem offers bonus rewards, yielding a starting 40% APY for staked $SPONGE tokens. The focus shifts permanently to V2 post-launch, presenting an opportunity for investors to stake $SPONGE and earn exclusive Sponge V2 tokens with limited availability (16,461,035,615). The integration of a P2E game enhances the user experience, making Sponge V2 a notable project in the evolving meme coin landscape. Source - Arslan Butt @arslan-butt Website - Cryptonews #CryptoNews🔒📰🚫 $NEAR #CryptoForecast #BinanceSquare

🚀🚀🚀 #NEAR🔔 Price Prediction: Near Protocol Pushes Past $4 Barrier – Is It Too Late to Buy? 🚀🚀🚀

NEAR Protocol has surged above $4 with a 24-hour trading volume of $75 million, holding a strong rank at #22 with a market cap of $4.18 billion. With over 1 billion NEAR coins in circulation, its technical outlook reveals a pivot point at $4.01 and bullish indicators, including an #RSI of 65. Resistance is at $4.53, $4.79, and $5.01, while support lies at $3.78, $3.51, and $3.23. Trading above the 50-Day EMA signals a short-term bullish trend, supported by an upward channel and a hammer candlestick pattern. NEAR Protocol is poised for potential upward movement, presenting opportunities for traders.

Sponge V2 has emerged as a new player in the meme coin realm, succeeding Sponge V1's success. The unique staking approach and Play-to-Earn (P2E) integration set Sponge V2 apart, with exclusive $SPONGEV2 token earnings through $SPONGE staking. The ecosystem offers bonus rewards, yielding a starting 40% APY for staked $SPONGE tokens. The focus shifts permanently to V2 post-launch, presenting an opportunity for investors to stake $SPONGE and earn exclusive Sponge V2 tokens with limited availability (16,461,035,615). The integration of a P2E game enhances the user experience, making Sponge V2 a notable project in the evolving meme coin landscape.

Source - Arslan Butt @arslan-butt

Website - Cryptonews

#CryptoNews🔒📰🚫 $NEAR #CryptoForecast #BinanceSquare

Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesoría financiera. Lee los TyC.
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👉👉👉 Bitcoin and #fed Comment from Famous Billionaire Mike Novogratz! FED Will Fire Up $BTC Price Whether It Wants It Or Not! As speculation swirls around the timing of potential interest rate cuts by the Federal Reserve (FED) and their impact on various assets, notable figure Mike Novogratz recently weighed in on the matter. Novogratz, a prominent voice in the financial world, expressed his views via social media. Despite seeing no apparent justification for a rate cut, he anticipates the FED will implement one. Novogratz believes such a move would serve as a significant #bullish catalyst for assets like Bitcoin (BTC), gold, silver, and copper. However, he cautioned that while this scenario may benefit these assets, it may not be in the best interest of the United States. Novogratz called for political leaders who advocate for substantial spending cuts to address the nation's economic challenges. In a tweet, Novogratz shared his thoughts: "Call me crazy, but I don't see a single good reason for the Fed to cut interest rates. Yet, I think they will. It's a great set up for $BTC, gold, silver, copper. It's not a great set up for the USA though. We need a politician who will cut spending dramatically!" Despite his reservations about the rationale behind potential rate cuts, Novogratz remains bullish on Bitcoin. Earlier in 2024, he had predicted that the price of BTC could surpass $100,000 by the year's end. Meanwhile, the timing of potential rate cuts remains a subject of intense speculation. According to CME's FedWatch tool, the probability of a 25 basis point cut in June stands at 51.3%, while in July, it is priced at 50.3%. It's worth noting that opinions on these matters vary, and individuals should exercise caution and conduct thorough research before making investment decisions. Source - en.bitcoinsistemi.com #CryptoNews🔒📰🚫 #BinanceSquareTalks #cryptocurrency
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🔥🔥🔥 ‘Garbled Circuits’ Enable Transactional Confidentiality, Encourage Enterprise #Web3 Adoption — #COTI Co-Founder Shahaf Bar-Geffen, CEO of COTI, underscores that while privacy is crucial for mainstream adoption, enterprises remain cautious due to concerns about misuse. Regulatory Perception and Adoption Challenges: - Regulatory scrutiny, exemplified by Tornado Cash, impacts enterprise willingness to embrace privacy solutions. Overcoming Regulatory Challenges: - Web3 players can address concerns by implementing confidentiality measures akin to traditional banking systems, using cryptographic techniques like garbled circuits. Impact of #Ethereum Dencun Upgrade: - Ethereum's upgrade reduces fees and boosts efficiency, benefiting #Layer2 solutions. Obstacles to Compliance in Web3: - #Blockchain transparency poses compliance hurdles, but innovations like garbled circuits offer solutions. Innovative Solutions for Confidentiality: - Techniques like zero-knowledge rollups and Trusted Execution Environments enhance privacy without sacrificing security. New Use Cases Enabled by Confidentiality: - Blockchain confidentiality enables applications like sensitive data management and decentralized identity verification. Enterprise Adoption and Privacy Concerns: - Enterprises prioritize confidentiality over anonymity due to associated risks, emphasizing the need for regulatory alignment with traditional finance. In conclusion, Bar-Geffen urges regulatory frameworks to balance privacy and compliance for Web3 adoption. Source - news.bitcoin.com
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👉👉👉 Only 1% of consumers still think Bitcoin is a passing 'fad' According to a recent Deutsche Bank survey cited by Reuters on April 8, Bitcoin and cryptocurrencies are no longer seen as a passing trend by the majority of consumers. Instead, they are increasingly viewed as integral components of the financial landscape, reflecting a significant shift in consumer sentiment. The survey, conducted with 3,600 individuals, revealed a notable change in attitudes towards Bitcoin and #cryptocurrencies . Consumers now exhibit a balanced mix of cautious skepticism and optimism regarding their future in the financial market. In March, 52% of respondents expressed belief that cryptocurrencies will evolve into an "important asset class and method of payment," a significant increase from less than 40% in September 2023. Conversely, only 1% of respondents believe that Bitcoin "will eventually fade away," down from 20% the previous year. However, optimism regarding cryptocurrencies becoming the "dominant payment method" decreased to 5% from 20% in the previous year. Central Bank Digital Currencies (CBDCs) were also examined, with 15% of respondents predicting their mainstream adoption while cryptocurrencies would maintain a minor role in the financial system. Additionally, approximately 25% of respondents believe cryptocurrencies are "here to stay but will never become mainstream." Regarding price predictions, around 30% of respondents anticipate Bitcoin's price dipping below $20,000 by year-end, down from 35% in February and 36% in January. Meanwhile, 25% believe Bitcoin will be valued between $20,000 and $75,000 by year-end, with only 10% expecting its price to surpass $75,000. Bitcoin hit a three-week high on April 8 after a decline from its all-time high in March. The surge is attributed to increasing interest in spot #BitcoinETFs and speculation on interest rate changes. Deutsche Bank analysts expect factors like the Bitcoin halving, regulatory updates, rate cuts, and potential approval of spot Ethereum ETFs to drive market momentum. Source - cryptoslate.com
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🔥🔥🔥 Defiance files for 2x leveraged #Ethereum futures #ETF Thematic ETF firm, Defiance ETFs, has recently submitted an application to the US Securities and Exchange Commission (SEC) for the launch of a 2x leveraged Ethereum futures ETF. According to Bloomberg ETF analyst James Seyffart, pending approval, the ETF could commence trading by the end of June, with the proposed ticker symbol "ETHL." The new ETF, named the Defiance 2X Ether Strategy ETF, seeks to provide investors with double the daily return of the CF Rolling CME Ether Futures Index, offering a more aggressive exposure to Ethereum's price movements. However, it's important to note that such leveraged ETFs carry higher risk compared to non-leveraged alternatives. Defiance outlined in the filing that the fund aims to capitalize on the price increases of Ethereum Futures Contracts. This filing follows closely on the heels of Defiance's application to the SEC for a 2x leveraged ETF to short MSTR stock. Tidal Investments LLC has been appointed as the investment advisor for both funds. As of April 2024, Defiance ETFs manages nine ETFs traded on US markets, boasting total assets under management of approximately $1.4 billion, as per data from VettaFi. The firm's ETF offerings are focused on innovative and disruptive sectors such as next-gen connectivity, quantum computing, next-gen H2, treasury alternative yield, and S&P 500 target income, among others. The filing arrives amidst ongoing discussions surrounding the SEC's potential approval of a spot Ethereum ETF, with industry insiders expressing skepticism about the likelihood of approval ahead of the May deadline. At present, Ethereum is trading around $3,700, exhibiting an approximately 8% increase over the last 24 hours, according to data from #CoinGecko . Source - cryptobriefing.com #CryptoNews🔒📰🚫 #BinanceSquareTalks
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🚀🚀🚀 #CryptoExpert Reveals What To Expect For Bitcoin, #Dogecoin‬⁩ , And $XRP In 12-16 Months Crypto analyst Ash Crypto has provided price predictions for several prominent cryptocurrencies, including Bitcoin (BTC), Dogecoin (DOGE), and XRP, projecting potential increases over the next 12 to 16 months. Bitcoin ($BTC ) Price Forecast: - Ash Crypto anticipates BTC to surge between $100,000 and $250,000 by 2025, aligning with predictions from other respected analysts. Skybridge Capital CEO Anthony Scaramucci had previously forecasted a rise to $170,000 within 18 months post the #BitcoinHalving . Some analysts, such as Tom Dunleavy from MV Capital and Tom Lee from Fundstrat Global Advisors, even suggest that BTC could hit $100,000 or higher this year. Dogecoin ($DOGE ) Price Prediction: - Ash Crypto envisions DOGE reaching $1 within the next 12 to 16 months, echoing sentiments shared by various analysts and members of the crypto community. Notably, crypto analyst DonAlt and Altcoin Sherpa have also suggested the possibility of DOGE reaching $1 during this cycle. - XRP Price Projection: Ash Crypto has set a price target for XRP between $3 and $5, although some analysts have offered more bullish forecasts. For instance, CrediBULL Crypto mentioned a potential rise to $20, while Egrag Crypto has repeatedly stated the possibility of XRP reaching $27 during this market cycle. Undervalued Altcoins Identified: - Ash Crypto's list of projected price targets also includes undervalued altcoins such as Chainlink (LINK), Celestia (TIA), and Polkadot (DOT), which were also highlighted by crypto expert Michaël van de Poppe. Ash Crypto anticipates LINK to surge between $250 and $500, while TIA and DOT could experience parabolic increases to $150 and $120, respectively These predictions provide insights into potential price movements for various #cryptocurrencies , reflecting the diverse perspectives within the crypto community regarding their future performance. Source - newsbtc.com #BinanceSquareTalks
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