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Syed Omer Hussain

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$BTC 
Next liquidation zone 
99000
98000
96000
Major liquidation shows in graph at 9600$

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Syed Omer Hussain

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Will Cardano (ADA) Reach $2 Before Dogecoin? This Viral Altcoin Eyes a 4,000% Surge Cardano (ADA) recently broke past the $1 mark after a prolonged struggle, sparking fresh speculation about its potential to hit $2 before Dogecoin (DOGE), which has also seen notable price swings. While these established coins battle for dominance, Lunex Network is capturing attention with its extraordinary growth potential. Promising a staggering 2,000% surge, Lunex Network is emerging as a standout player. $LNEX’s ongoing ICO has already raised over $4 million, signaling strong investor confidence. Cardano (ADA) Eyes a 66% Surge in December: Can It Hit $2 Soon? Cardano (ADA) is primed for a potential 66% surge in December, mirroring its historical bullish trend during the month. According to Cryptorank data, Cardano has consistently delivered an average December growth rate of 66.8%, positioning it for a strong end to the year. Currently trading at $1.14, Cardano recently gained 6.60% within 24 hours, while its trading volume skyrocketed by 214.52% to $4.29 billion, signaling renewed investor enthusiasm. This positive momentum aligns with bullish patterns from prior December. In 2021, for instance, peaked at $1.72 in December, just months after nearing its $3 all-time high. Analysts are optimistic that Cardano could repeat such a rally, particularly if its current upward trend holds. Fibonacci projections even suggest ambitious price targets, with $2.453 and $8.30 emerging as key levels. Cardano’s fundamentals further bolster its prospects. Innovations like Quantum Hosky and the Chang hard fork update have fueled hype, enhancing its potential to outperform peers like Dogecoin (DOGE). Dogecoin (DOGE) Struggles to Maintain Momentum Amid $2 Hype Dogecoin (DOGE) has surged by an impressive 177.21% this month, largely fueled by Elon Musk’s mentions on X and excitement surrounding the Department of Government Efficiency’s nods to the meme coin. As of now, Dogecoin trades at $0.4292, gaining 1.85% in the last 24 hours and 1.64% over the past week.

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#Dogecoindowntrend Why Dogecoin Price Down Today Dogecoin is down 6% today, hitting an intraday low of $0.3404 on Dec. 19. This decline outpaces the broader crypto market, which fell around 3.5% over the same period. The dip in DOGE follows Bitcoin’s 2% drop in the past 24 hours. Dogecoin price drops on “sell the news” rate cut The bullish sentiment was not only exclusive to Dogecoin as most other memecoins recorded significant losses across the board, triggered by Bitcoin’s drop to $100,000 following US Federal Reserve Chair Jerome Powell’s post-cut presser on Dec. 18. Shiba Inu , the second largest memecoin by market capitalization, followed DOGE’s steps, dropping 5.8% over the last 24 hours to trade at $0.00002433. Ethereum-based Pepe has dropped by approximately 11% over the same period. DOGE market sentiment sours The ongoing drawdown on DOGE price was also preceded by reducing market sentiment over the dog-themed memecoin which turned negative on Dec. 3, as per data from Santiment. This suggests that traders have become impatient as DOGE prices have been consolidating for the past month. DOGE’s bearish divergence DOGE’s drop today precedes a period of growing bearish divergence between its price and the relative strength index (RSI). The daily chart below shows that the DOGE/USD pair rose between Nov. 12 and Dec. 8, forming higher lows. But, in the same period, its daily RSI descended from 92 to 51, forming lower lows.

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‘Dying A Slow Death’: Has Ethereum Lost Wall Street’s Favor To Bitcoin? Ethereum has broken an eight-year support trend against Bitcoin, raising questions about the second-largest cryptocurrency’s future. “Dying a slow death”—that’s how Tuur Demeester, founder of Bitcoin hedge fund Adamant Capital, described Ethereum, pointing to the broken trendline to a canary in the coal mine. Crypto analysts blame Ethereum’s setback on slow institutional adoption, where Bitcoin continues to dominate. This could have deeper implications for Ethereum’s positioning as an asset class. Ethereum’s struggles come during a mixed week for the broader crypto market. Bitcoin’s price is flat Monday, hovering around the $90,000 mark, while Ethereum has dropped 0.3% to $3,080. Altcoins are a mixed bag: Solana is up 4.6%, Dogecoin is flat, XRP has gained 7.2%, BNB is down 2.3%, and Cardano is up 2.9%. The institutional divide According to Kaiko, a crypto data firm, Bitcoin’s dominance over Ethereum is due to its superior adoption among institutional investors, particularly through exchange-traded funds (ETFs). The disparity became more evident with the launch of crypto ETFs—with Bitcoin ETFs drawing significantly higher trading volumes than Ethereum ETFs. In fact, Bitcoin ETFs garnered more than $47 billion in assets within their first 30 days, while Ethereum ETFs brought in just over $6.7 billion, according to Amberdata, a crypto analytics firm. “The divergence in performance and on-chain activity can also be attributed to the distinct value propositions of Bitcoin and Ethereum,” Amberdata noted in a recent report. “Bitcoin, often referred to as ‘digital gold,’ has a simple and well-defined narrative as a store of value and inflation hedge, thanks in part to its fixed supply of 21 million BTC.” Bitcoin benefits from its fixed supply and simpler use case. Ethereum—though more versatile—suffers from scalability challenges and regulatory scrutiny, particularly regarding its transition to a proof-of-stake model.

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Binance Triggers 50% NEIRO Crash With Controversial Listing, But Is This An Opportunity? #downfall #NEIRO⏰🤫 The Neiro Ethereum (NEIRO) meme coin has been caught in a whirlwind of controversy after a Binance spot listing led to the crypto exchange having two different coins by the same name on the platform. As a result, the initial Neiro Ethereum (NEIRO) meme coin listed by the crypto exchange suffered an over 50% crash. This has led to panic selling by investors, but not everyone is looking at this as a reason to exist. Crypto analyst Weslad has proposed that this could, in fact, be an opportunity to get a great entry on the cryptocurrency. NEIRO Setup For Further Price Gains Crypto analyst Weslad has pointed to the NEIRO price decline as a possible opportunity to enter into the meme coin. The analysis which was posted on the TradingView website shows the path of the decline since its began. In addition, it also shows a possible bottom before the next leg-up begins from here. Related Reading: Crypto Pundit Shuts Down Predictions Of XRP Price Hitting $1,000 If the analyst is correct, then the NEIRO price may not be done with its crash. So far, the meme coin’s price has gone from as high as a $190 million market cap to below $80 million market cap. Weslad’s analysis predicts a further dump to $0.055. If this happens, it would mean another 28.5% crash from the current level. However, this level, which the analyst predicts would be the bottom, would be a prime area for accumulation. As the analyst explains, the NEIRO price has been able to breakout from its downtrend that began with the Binance controversy and is already looking toward a recovery. This is why the crypto analyst believes that it might be time to start accumulating the meme coin in preparation for the next NEIRO price pump. “Our plan is to accumulate in the immediate buy-back zone and hold the position until reaching the final setup area, which is anticipated to be a strong sell-off zone,” Weslad stated.

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Bitcoin ETFs Record USD 10B Inflows, Floki Makes News With Launch Of Debit Card While New Viral Token Gains Investor Attention With the bull market in full swing, several major developments are shaping where crypto is going forward. For one, institutional investment in Bitcoin has reached new highs, a bullish signal for the entire market. At the same time, Floki revealed a major development, while a new viral token Cutoshi is gaining attention thanks to its presale. Bitcoin Institutional Investment Surges The changing regulatory environment in the US is boosting Bitcoin (BTC) to new highs. The biggest coin on the market reached its all-time high of $103,900 in December, as major institutions are buying it up. Recently, Bitcoin spot exchange-traded funds (ETFs) have seen record inflows. Since the November 5 elections in the US, the figure reached a staggering $10 billion. The figures suggest that banks, investment funds and other institutions are significantly increasing their Bitcoin exposure. The reasons for the change are many. Most notably, the incoming administration under Donald Trump has already signaled its pro-crypto policies. This shift in regulation means that banks, traditionally very concerned about regulatory risk, are more likely to invest. At the same time, Bitcoin is increasingly seen as a counter-cyclical asset and a hedge against inflation. This means that Bitcoin plays a similar role in a diversified portfolio to gold. This is a significant factor, as even before the elections, ETF inflows in Bitcoin were on the rise. In October, net inflows reached $479 million in a single day. The increase in institutional investment is key for Bitcoin's long-term growth, due to the huge capital reserves banks and financial institutions have. Floki Debit Card Lets You Spend Crypto Like Cash Floki Inu (Floki) recently came into the spotlight after unveiling major news for its users. The new Floki crypto debit card just launched, which allows traders to spend their crypto like cash.

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Najnovejše novice

Over $75 Million Liquidated Across Crypto Markets in the Past Hour, Majority from Long Positions

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CoinDesk 20 Index Sees Slight Decline Amid Mixed Asset Performance

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Grayscale Transfers 17,584 ETH to Coinbase Prime Wallets

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U.S. Secretary of State Blinken Urges International AI Standards for Global Security

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Bitcoin (BTC) Drops Below 100,000 USDT with a 4.08% Decrease in 24 Hours

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