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⚠️🐂👋 УВАГА #BTC‬ 👋🐂⚠️ Біткойн відновлюється після локального падіння, оскільки криптовалютний ринок залишається оптимістичним Розпочався новий день, і криптовалютні інвестори побачили, що біткойн досяг локального дна приблизно 12 годин тому. На момент написання статті ціна відновлювалася. Коливання ціни біткойна не стало несподіванкою, і не було серйозних негативних подій, які б хвилювали інвесторів. Отже, як криптовалюти починаються цієї неділі? Вчора близько 17:30 за місцевим часом королівська криптовалюта досягла мінімуму в 50 625 доларів. Потім він знову перевищив 52 000 доларів за кілька годин до денного закриття. Це не було постійним через фіксацію прибутку, але це не надто значно. Ринки вихідного дня, як правило, невеликі за обсягом, тому вплив фіксації прибутку на ціни більш відчутний. Якщо з понеділка ми знову почнемо спостерігати сильний приплив ETF, мотивація може зрости. На макрофронті серйозних проблем немає, але ми не повинні забувати, що надмірний оптимізм ринку може продовжувати послаблюватися в міру наближення половини. Хоча це може послабити ринки ризику, це не страшно для BTC через зниження очікувань і ETF вдвічі. Майнери продовжують продавати. Їхні резерви впали до 1,92 мільйона, але вони можуть почати сповільнювати продажі, якщо попит, пов’язаний з ETF, продовжуватиме випереджати щойно випущену пропозицію в 20-30 разів. Хоча зменшення запасів здається швидким, воно таке ж, як і на початку грудня 2023 року. Майнери в основному переходять до накопичення під час зростання і тепер продовжують продаж прибутку, щоб підтримувати свою ліквідність. Це не є чимось ненормальним, особливо тому, що збільшення витрат і зменшення пропозиції нових BTC потребуватимуть більше готівки. Поточний стан криптовалют Масового падіння кумулятивної вартості не спостерігається, і корекція BTC не викликала такого великого розпродажу альткойнів, як побоювалися. Усе це позитивно. Переможцями тижня стали SC, BGB, VET, AR, STX Coin, які набрали понад 44% щотижня. У той час як кумулятивна вартість криптовалют продовжує досягати 2 дол.1 трильйон, обсяги скоротилися майже на 20% щодня.
⚠️🐂👋 УВАГА #BTC‬ 👋🐂⚠️

Біткойн відновлюється після локального падіння, оскільки криптовалютний ринок залишається оптимістичним

Розпочався новий день, і криптовалютні інвестори побачили, що біткойн досяг локального дна приблизно 12 годин тому. На момент написання статті ціна відновлювалася. Коливання ціни біткойна не стало несподіванкою, і не було серйозних негативних подій, які б хвилювали інвесторів. Отже, як криптовалюти починаються цієї неділі?

Вчора близько 17:30 за місцевим часом королівська криптовалюта досягла мінімуму в 50 625 доларів. Потім він знову перевищив 52 000 доларів за кілька годин до денного закриття. Це не було постійним через фіксацію прибутку, але це не надто значно. Ринки вихідного дня, як правило, невеликі за обсягом, тому вплив фіксації прибутку на ціни більш відчутний.

Якщо з понеділка ми знову почнемо спостерігати сильний приплив ETF, мотивація може зрости. На макрофронті серйозних проблем немає, але ми не повинні забувати, що надмірний оптимізм ринку може продовжувати послаблюватися в міру наближення половини. Хоча це може послабити ринки ризику, це не страшно для BTC через зниження очікувань і ETF вдвічі.

Майнери продовжують продавати. Їхні резерви впали до 1,92 мільйона, але вони можуть почати сповільнювати продажі, якщо попит, пов’язаний з ETF, продовжуватиме випереджати щойно випущену пропозицію в 20-30 разів. Хоча зменшення запасів здається швидким, воно таке ж, як і на початку грудня 2023 року. Майнери в основному переходять до накопичення під час зростання і тепер продовжують продаж прибутку, щоб підтримувати свою ліквідність. Це не є чимось ненормальним, особливо тому, що збільшення витрат і зменшення пропозиції нових BTC потребуватимуть більше готівки.
Поточний стан криптовалют
Масового падіння кумулятивної вартості не спостерігається, і корекція BTC не викликала такого великого розпродажу альткойнів, як побоювалися. Усе це позитивно. Переможцями тижня стали SC, BGB, VET, AR, STX Coin, які набрали понад 44% щотижня.
У той час як кумулятивна вартість криптовалют продовжує досягати 2 дол.1 трильйон, обсяги скоротилися майже на 20% щодня.
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🚨⚠️Що означає Bitcoin ATH?⚠️🚨 Біткойн показав похвальну ефективність за останні сім днів, коли його ціна підскочила вище 51 тисячі доларів. За даними CoinMarketCap, BTC зріс майже на 10% за останні сім днів. На момент написання статті він торгувався на рівні 51 781,49 доларів з ринковою капіталізацією понад 1 трильйон доларів. Доброю новиною було те, що, згідно з прогнозом IntoTheBlock, король криптовалюти може досягти історичного максимуму протягом шести місяців. Якщо бути точним, шанси BTC торкнутися ATH становили 85%, згідно з прогнозом аналітичної платформи. Щоб перевірити, чи можливо це, AMBCrypto переглянув метрики біткойна в мережі. Наш аналіз показав, що співвідношення вартості мережі до транзакцій (NVT) BTC знизилося минулого тижня. Зниження метрики означає, що актив недооцінений, що вказує на підвищення ціни. Кілька інших показників також виглядали досить позитивними для BTC. Наприклад, ставка фінансування BTC була зеленою. Дані CryptoQuant також показали, що коефіцієнт купівлі/продажу біткойнів був позитивним, що вказує на те, що купівельні настрої домінували на ринку. Крім того, король криптовалют також очікує наступного халвінгу протягом кількох місяців. Історично склалося так, що BTC завжди досягав нового ATH через кілька місяців після того, як був удвоєний. Тому, враховуючи ці показники, досягнення BTC нових максимумів здавалося високим. #BTC #BONK #Write2Earn‬
🚨⚠️Що означає Bitcoin ATH?⚠️🚨

Біткойн показав похвальну ефективність за останні сім днів, коли його ціна підскочила вище 51 тисячі доларів. За даними CoinMarketCap, BTC зріс майже на 10% за останні сім днів.

На момент написання статті він торгувався на рівні 51 781,49 доларів з ринковою капіталізацією понад 1 трильйон доларів.

Доброю новиною було те, що, згідно з прогнозом IntoTheBlock, король криптовалюти може досягти історичного максимуму протягом шести місяців.
Якщо бути точним, шанси BTC торкнутися ATH становили 85%, згідно з прогнозом аналітичної платформи. Щоб перевірити, чи можливо це, AMBCrypto переглянув метрики біткойна в мережі.

Наш аналіз показав, що співвідношення вартості мережі до транзакцій (NVT) BTC знизилося минулого тижня. Зниження метрики означає, що актив недооцінений, що вказує на підвищення ціни.
Кілька інших показників також виглядали досить позитивними для BTC. Наприклад, ставка фінансування BTC була зеленою. Дані CryptoQuant також показали, що коефіцієнт купівлі/продажу біткойнів був позитивним, що вказує на те, що купівельні настрої домінували на ринку.

Крім того, король криптовалют також очікує наступного халвінгу протягом кількох місяців. Історично склалося так, що BTC завжди досягав нового ATH через кілька місяців після того, як був удвоєний. Тому, враховуючи ці показники, досягнення BTC нових максимумів здавалося високим.
#BTC #BONK #Write2Earn‬
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🚨 НЕ ПРОДАВАЙТЕ КРИПТО 🚨 🚨 НЕ ПРОДАВАЙТЕ КРИПТО 🚨 🚨 НЕ ПРОДАВАЙТЕ КРИПТО 🚨 🚨 НЕ ПРОДАВАЙТЕ КРИПТО 🚨 🌟🌟🌟УНИКАЙТЕ FOMO🌟🌟🌟 🌟🌟🌟УНИКАЙТЕ FOMO🌟🌟🌟 🌟🌟🌟УНИКАЙТЕ FOMO🌟🌟🌟 СКОРО ПОВЕРНЕННЯ КРИПТОРИНКУ СЯДЬТЕ СКЛАДНО І РОЗПОЧИТЬСЯ #BTC
🚨 НЕ ПРОДАВАЙТЕ КРИПТО 🚨

🚨 НЕ ПРОДАВАЙТЕ КРИПТО 🚨

🚨 НЕ ПРОДАВАЙТЕ КРИПТО 🚨

🚨 НЕ ПРОДАВАЙТЕ КРИПТО 🚨

🌟🌟🌟УНИКАЙТЕ FOMO🌟🌟🌟
🌟🌟🌟УНИКАЙТЕ FOMO🌟🌟🌟
🌟🌟🌟УНИКАЙТЕ FOMO🌟🌟🌟

СКОРО ПОВЕРНЕННЯ КРИПТОРИНКУ
СЯДЬТЕ СКЛАДНО І РОЗПОЧИТЬСЯ
#BTC
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Прогноз ціни Bonk: BONK підвищився на 16% за тиждень, але все одно відстає від нової монети Solana Meme Прогноз ціни Bonk: BONK накачує 16% за тиждень, але все одно відстає від нового конкурента Solana Meme Coin Smog із накачуванням на 68%Ціна Бонка долає опірВедмеді можуть ненадовго знизити ціну на облігаціїОстаннє доповнення до екосистеми Solana Meme CoinПро те, щоб кинути ще один нульЦіна Bonk злетіла більш ніж на 16% за останні 7 днів і торгувалась на рівні $0,00001361 станом на 8:45 ранку за східним часом, коли інвестори знову ввійшли в графіки мемів.Ціна Бонка долає опірНа 4-годинному графіку монети-мему сформувався висхідний клин, який може припустити, що ціна Bonk впаде протягом наступних 24 годин. Якщо цей шаблон буде підтверджено, криптовалюта може незабаром повторно перевірити рівень підтримки $0,0000128480. Падіння ціни нижче цієї значної позначки створить ризик падіння BONK до наступного рівня підтримки в $0,0000088550. У надзвичайно ведмежому сценарії ціна Bonk може впасти до $0,0000051340 у коротко- та середньостроковій перспективі.

Прогноз ціни Bonk: BONK підвищився на 16% за тиждень, але все одно відстає від нової монети Solana Meme

Прогноз ціни Bonk: BONK накачує 16% за тиждень, але все одно відстає від нового конкурента Solana Meme Coin Smog із накачуванням на 68%Ціна Бонка долає опірВедмеді можуть ненадовго знизити ціну на облігаціїОстаннє доповнення до екосистеми Solana Meme CoinПро те, щоб кинути ще один нульЦіна Bonk злетіла більш ніж на 16% за останні 7 днів і торгувалась на рівні $0,00001361 станом на 8:45 ранку за східним часом, коли інвестори знову ввійшли в графіки мемів.Ціна Бонка долає опірНа 4-годинному графіку монети-мему сформувався висхідний клин, який може припустити, що ціна Bonk впаде протягом наступних 24 годин. Якщо цей шаблон буде підтверджено, криптовалюта може незабаром повторно перевірити рівень підтримки $0,0000128480. Падіння ціни нижче цієї значної позначки створить ризик падіння BONK до наступного рівня підтримки в $0,0000088550. У надзвичайно ведмежому сценарії ціна Bonk може впасти до $0,0000051340 у коротко- та середньостроковій перспективі.
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🚨 Сповіщення про Shib🚨Досягнута швидкість горіння Shiba до 4098%Готуйтеся 🚀

🚨 Сповіщення про Shib🚨

Досягнута швидкість горіння Shiba до 4098%Готуйтеся 🚀
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Bitcoin Market Predictions: Will the Bullish Trend Continue? 3 mins readTable of Contents•Bitcoin (BTC)•Spot Bitcoin ETFsYou can also read this news on COINTURK NEWS: Bitcoin Market Predictions: Will the Bullish Trend Continue?Weekend trading volumes are usually weak, and we have seen significant volatility increases on these days over the past two years. Will a similar pattern occur again? Time will tell, but for bulls or bears, this is normal during their dominant periods. Let’s now take a look at the latest market predictions from experts. Will the Bitcoin price increase continue?Bitcoin (BTC)BTC’s price has returned to the levels last seen in January for the first time since the end of 2021. Its weekly growth rate is reminiscent of the impressive days of October. Popular cryptocurrency analyst Jelle shared his latest market assessment on his social media account, writing;“The last hurdle Bitcoin needs to overcome has been broken, and after that, there are hardly any obstacles to reaching all-time highs.”Although the price has broken the mentioned $48,000, it has yet to make convincing closes above it, so there is still potential for this to be a deviation. Analyst Skew mentioned that volatility is expected to remain strong. Keith Alan, CEO and founding partner of Material Indicators, also wrote;“There is something you need to consider before FOMO-ing into BTC at this level. Between here and $50,000, there is ~$175 million in accumulated BTC demand liquidity (also known as resistance) and only ~$50 million in bid support down to $43,000.”According to him, even if it’s above $45,000, a higher weekly close will be beneficial for the bulls. In this scenario, as the movement towards $50,000 continues, short positions are in great danger.“If you’re considering taking a short position, be ready for a squeeze. If the whales manage to push above $50,000, there is very little resistance up to $55,000 right now.”Spot Bitcoin ETFsWhile Keith Alan targets $55,000 for the king cryptocurrency, data from spot Bitcoin ETFs is maturing in favor of the bulls. The initial phase was a sell-the-news period, followed by price deterioration due to GBTC sales. Now, as GBTC sales weaken, inflows into BlackRock and Fidelity ETFs are strengthening. This is significant because it represents the early stage of the third period. This scenario suggests a stable upward trajectory for BTC price with increasing net inflows.According to data shared by Bloomberg Intelligence ETF analyst James Seyffart, Grayscale Bitcoin Trust (GBTC) is seeing exits as expected, while the cumulative net flows of the remaining nine ETFs were the third-largest since their launch on January 11th.#BTC #Bitcoin #ETF #GBTC(Grayscale)

Bitcoin Market Predictions: Will the Bullish Trend Continue?

3 mins readTable of Contents•Bitcoin (BTC)•Spot Bitcoin ETFsYou can also read this news on COINTURK NEWS: Bitcoin Market Predictions: Will the Bullish Trend Continue?Weekend trading volumes are usually weak, and we have seen significant volatility increases on these days over the past two years. Will a similar pattern occur again? Time will tell, but for bulls or bears, this is normal during their dominant periods. Let’s now take a look at the latest market predictions from experts. Will the Bitcoin price increase continue?Bitcoin (BTC)BTC’s price has returned to the levels last seen in January for the first time since the end of 2021. Its weekly growth rate is reminiscent of the impressive days of October. Popular cryptocurrency analyst Jelle shared his latest market assessment on his social media account, writing;“The last hurdle Bitcoin needs to overcome has been broken, and after that, there are hardly any obstacles to reaching all-time highs.”Although the price has broken the mentioned $48,000, it has yet to make convincing closes above it, so there is still potential for this to be a deviation. Analyst Skew mentioned that volatility is expected to remain strong. Keith Alan, CEO and founding partner of Material Indicators, also wrote;“There is something you need to consider before FOMO-ing into BTC at this level. Between here and $50,000, there is ~$175 million in accumulated BTC demand liquidity (also known as resistance) and only ~$50 million in bid support down to $43,000.”According to him, even if it’s above $45,000, a higher weekly close will be beneficial for the bulls. In this scenario, as the movement towards $50,000 continues, short positions are in great danger.“If you’re considering taking a short position, be ready for a squeeze. If the whales manage to push above $50,000, there is very little resistance up to $55,000 right now.”Spot Bitcoin ETFsWhile Keith Alan targets $55,000 for the king cryptocurrency, data from spot Bitcoin ETFs is maturing in favor of the bulls. The initial phase was a sell-the-news period, followed by price deterioration due to GBTC sales. Now, as GBTC sales weaken, inflows into BlackRock and Fidelity ETFs are strengthening. This is significant because it represents the early stage of the third period. This scenario suggests a stable upward trajectory for BTC price with increasing net inflows.According to data shared by Bloomberg Intelligence ETF analyst James Seyffart, Grayscale Bitcoin Trust (GBTC) is seeing exits as expected, while the cumulative net flows of the remaining nine ETFs were the third-largest since their launch on January 11th.#BTC #Bitcoin #ETF #GBTC(Grayscale)
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XRP🚀 Bullish Rebound : Says JD Expert Prediction Parabolic pump🌟Parabolic pump prediction by JD (@jaydee_757)On X (previously Twitter)#XRP

XRP🚀 Bullish Rebound : Says JD Expert Prediction Parabolic pump🌟

Parabolic pump prediction by JD (@jaydee_757)On X (previously Twitter)#XRP
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Bitcoin (BTC) Price Eyes $56,970 As Exchange Supply Drops to Six-Year Low The Bitcoin exchange supply is at the lowest since December 2017. Currently, only 5.3% of the total BTC remains on the exchanges.Reportedly, 25,305 Bitcoins worth $1.1 billion have been withdrawn from exchanges in 2 weeks.BTC Price has significant support level at $42,560 where 1.02 million coins have transacted.Nearly 70% of Bitcoin holders haven't moved their coins in six years.Over the last two days, the Bitcoin bulls have taken charge after almost a month of consolidation since the spot Bitcoin ETF approval. The Bitcoin price has gained an additional 3.5% in the last 24 hours and is currently trading at $46,063 with a market cap of $903 billion.Bitcoin Exchange Supply At Six-Year LowThe strong surge in the Bitcoin price has also to do with the strong withdrawal of BTC from the exchanges in the last two weeks. Reportedly, 25,305 Bitcoins worth $1.1 billion have been withdrawn from the exchanges in this time.Of notable significance is the lowest ratio of Bitcoin on exchanges since December 2017, indicating a trend of reduced Bitcoin holdings on trading platforms. This trend suggests a shift in investor behavior, with traders potentially opting for long-term holding strategies. Currently, only 5.3% of the total BTC supply is on exchanges as per the Santiment data. On the other hand, the Bitcoin whale accumulation has been on the rise over the past two weeks.Furthermore, Bitcoin’s dominance in the cryptocurrency market has seen a significant uptick, overshadowing altcoins, with its market value reaching as high as $45.5K todayAccording to Martinez, Bitcoin’s recent trading activity reveals a significant support level at $42,560, with approximately 1.02 million BTC transacting within this price range. Maintaining this support would be crucial to deciding Bitcoin’s future trajectory.Conversely, Martinez highlights key resistance levels at $47,360 and $56,970, signaling potential barriers to Bitcoin’s upward trajectory.Martinez also draws attention to the Super Trend indicator, which recently flashed a buy signal on Bitcoin’s monthly chart. This tool is renowned for its accuracy in predicting BTC bull markets, with past buy signals resulting in substantial gains.#Bitcoin #BTC

Bitcoin (BTC) Price Eyes $56,970 As Exchange Supply Drops to Six-Year Low

The Bitcoin exchange supply is at the lowest since December 2017. Currently, only 5.3% of the total BTC remains on the exchanges.Reportedly, 25,305 Bitcoins worth $1.1 billion have been withdrawn from exchanges in 2 weeks.BTC Price has significant support level at $42,560 where 1.02 million coins have transacted.Nearly 70% of Bitcoin holders haven't moved their coins in six years.Over the last two days, the Bitcoin bulls have taken charge after almost a month of consolidation since the spot Bitcoin ETF approval. The Bitcoin price has gained an additional 3.5% in the last 24 hours and is currently trading at $46,063 with a market cap of $903 billion.Bitcoin Exchange Supply At Six-Year LowThe strong surge in the Bitcoin price has also to do with the strong withdrawal of BTC from the exchanges in the last two weeks. Reportedly, 25,305 Bitcoins worth $1.1 billion have been withdrawn from the exchanges in this time.Of notable significance is the lowest ratio of Bitcoin on exchanges since December 2017, indicating a trend of reduced Bitcoin holdings on trading platforms. This trend suggests a shift in investor behavior, with traders potentially opting for long-term holding strategies. Currently, only 5.3% of the total BTC supply is on exchanges as per the Santiment data. On the other hand, the Bitcoin whale accumulation has been on the rise over the past two weeks.Furthermore, Bitcoin’s dominance in the cryptocurrency market has seen a significant uptick, overshadowing altcoins, with its market value reaching as high as $45.5K todayAccording to Martinez, Bitcoin’s recent trading activity reveals a significant support level at $42,560, with approximately 1.02 million BTC transacting within this price range. Maintaining this support would be crucial to deciding Bitcoin’s future trajectory.Conversely, Martinez highlights key resistance levels at $47,360 and $56,970, signaling potential barriers to Bitcoin’s upward trajectory.Martinez also draws attention to the Super Trend indicator, which recently flashed a buy signal on Bitcoin’s monthly chart. This tool is renowned for its accuracy in predicting BTC bull markets, with past buy signals resulting in substantial gains.#Bitcoin #BTC
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XRP on Verge of Bullish Reversal, MassiveBitcoin(BTC)Breakthrough, Cardano's (ADA) Comeback imminentWhile market gains some strength, it still needs another push to break throughBitcoin becomes bullish Cardano show's comeback potential The recent chart patterns for XRP have shown promising signs of a reversal from bearish to bullish sentiment. A significant factor supporting this outlook is the potential avoidance of a "death cross" event, where long-term moving averages cross over short-term averages, indicating a sell-off. Instead, XRP's EMAs indicate stability, setting the stage for an upward movement without the looming shadow of a bearish crossover.Looking at specific support and resistance levels, XRP currently finds staunch support at the $0.51 mark. If this level holds, it establishes a firm foundation for the asset's value to build upon. However, the volatile nature of cryptocurrency markets warrants consideration of a potential drop scenario. If XRP fails to sustain its support level, a dip below $0.51 could trigger a sell-off, leading to further downward pressure. In such a case, the next support at around $0.50 would be critical to prevent a steeper decline.The chart reveals no immediate extraordinary factors beyond the usual indicators, but the market's current disposition, influenced by global economic factors and sentiment within the crypto community, could play a pivotal role in determining XRP's direction.Bitcoin becomes bullishBitcoin's market trajectory has taken a bullish turn, demonstrating vigor reminiscent of the fervor that surrounded the rumored approval of a Bitcoin ETF. This robust upward movement signals a departure from speculative surges, suggesting the potential for sustained growth.The king of cryptocurrencies has shattered resistance levels that previously hemmed in its price, soaring past the crucial $44,000 mark. This breach not only signifies a resistance-turned-support level but also lays the groundwork for a climb toward the next psychological barrier at $47,000. If bulls maintain control, the push toward $50,000 could be imminent, reinforcing a bullish narrative across the crypto landscape.The market's enthusiasm is palpable, with Bitcoin exhibiting a resilience that could underpin a more extended period of appreciation. One standout feature on the chart is the convergence of moving averages in the mid-$40,000 range, which Bitcoin has successfully vaulted over, adding to the asset's bullish momentum. If Bitcoin fails to uphold its newfound support and succumbs to a sell-off, it could see a retracement toward the $42,000 support level. A drop below this floor may trigger a bearish outlook, but the robust support at $40,000 could serve as a substantial buffer against a more significant downturn.The chart's outstanding factors include a noticeable increase in trading volume accompanying the price hike, a testament to the growing interest and confidence in Bitcoin. Additionally, the Relative Strength Index (RSI) is approaching overbought territory, which could indicate a short-term pullback before any further upward movement. Cardano shows comeback potential Cardano is making waves with a potential comeback. As ADA aligns itself with broader market trends, it presents an appealing risk-reward ratio that could position it as a standout investment.Currently, ADA is trading above a critical support level at $0.50, a price point that has historically acted as a robust foundation for its value. This level serves as the linchpin for potential growth, with the asset eyeing the resistance at $0.56. A decisive break above this resistance could confirm a shift in momentum, setting the stage for a sustained upward journey. On the flip side, should ADA falter and breach the $0.50 support, it could face downward pressure toward the next substantial support near the $0.47 mark. A drop below this could lead to a bearish outlook, though the strong historical support at $0.42 offers a safety net against a price drop.#Xrp #Bitcoin #Cardano

XRP on Verge of Bullish Reversal, MassiveBitcoin(BTC)Breakthrough, Cardano's (ADA) Comeback imminent

While market gains some strength, it still needs another push to break throughBitcoin becomes bullish Cardano show's comeback potential The recent chart patterns for XRP have shown promising signs of a reversal from bearish to bullish sentiment. A significant factor supporting this outlook is the potential avoidance of a "death cross" event, where long-term moving averages cross over short-term averages, indicating a sell-off. Instead, XRP's EMAs indicate stability, setting the stage for an upward movement without the looming shadow of a bearish crossover.Looking at specific support and resistance levels, XRP currently finds staunch support at the $0.51 mark. If this level holds, it establishes a firm foundation for the asset's value to build upon. However, the volatile nature of cryptocurrency markets warrants consideration of a potential drop scenario. If XRP fails to sustain its support level, a dip below $0.51 could trigger a sell-off, leading to further downward pressure. In such a case, the next support at around $0.50 would be critical to prevent a steeper decline.The chart reveals no immediate extraordinary factors beyond the usual indicators, but the market's current disposition, influenced by global economic factors and sentiment within the crypto community, could play a pivotal role in determining XRP's direction.Bitcoin becomes bullishBitcoin's market trajectory has taken a bullish turn, demonstrating vigor reminiscent of the fervor that surrounded the rumored approval of a Bitcoin ETF. This robust upward movement signals a departure from speculative surges, suggesting the potential for sustained growth.The king of cryptocurrencies has shattered resistance levels that previously hemmed in its price, soaring past the crucial $44,000 mark. This breach not only signifies a resistance-turned-support level but also lays the groundwork for a climb toward the next psychological barrier at $47,000. If bulls maintain control, the push toward $50,000 could be imminent, reinforcing a bullish narrative across the crypto landscape.The market's enthusiasm is palpable, with Bitcoin exhibiting a resilience that could underpin a more extended period of appreciation. One standout feature on the chart is the convergence of moving averages in the mid-$40,000 range, which Bitcoin has successfully vaulted over, adding to the asset's bullish momentum. If Bitcoin fails to uphold its newfound support and succumbs to a sell-off, it could see a retracement toward the $42,000 support level. A drop below this floor may trigger a bearish outlook, but the robust support at $40,000 could serve as a substantial buffer against a more significant downturn.The chart's outstanding factors include a noticeable increase in trading volume accompanying the price hike, a testament to the growing interest and confidence in Bitcoin. Additionally, the Relative Strength Index (RSI) is approaching overbought territory, which could indicate a short-term pullback before any further upward movement. Cardano shows comeback potential Cardano is making waves with a potential comeback. As ADA aligns itself with broader market trends, it presents an appealing risk-reward ratio that could position it as a standout investment.Currently, ADA is trading above a critical support level at $0.50, a price point that has historically acted as a robust foundation for its value. This level serves as the linchpin for potential growth, with the asset eyeing the resistance at $0.56. A decisive break above this resistance could confirm a shift in momentum, setting the stage for a sustained upward journey. On the flip side, should ADA falter and breach the $0.50 support, it could face downward pressure toward the next substantial support near the $0.47 mark. A drop below this could lead to a bearish outlook, though the strong historical support at $0.42 offers a safety net against a price drop.#Xrp #Bitcoin #Cardano
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#CryptoNews Монета XRP бореться за відновлення, оскільки настрої ринку залишаються невизначеними #BTC #XRP #CIN ✓Зміст • Розвиток законодавства та динаміка ринку • Перспективи цінової стабільності XRP У 2024 році вартість XRP Coin зазнала значного падіння на 20%, позиціонуючи себе до завершення року на мінімумах, яких не було з середини жовтня. Відкочування біткойна до рівнів вище 44 000 доларів разом із зростанням довгострокових позицій на біржі OKX надали певну підтримку ринку. Незважаючи на ці фактори, майбутня вартість монети XRP залишається предметом спекуляцій. Розвиток законодавства та динаміка ринку #Ripple , компанія, що стоїть за XRP, збирається виконати рішення суду США щодо розкриття фінансових записів, пов’язаних з інституційними продажами монет XRP. Ця подія відбувається на тлі відновлення ринку після хакерського інциденту та триваючих занепокоєнь щодо процесу колективної апеляції. На біржі OKX спостерігалося зростання довгих позицій, і дані Binance вказують на перші ознаки активності китів, що рухається в позитивному напрямку. Незважаючи на стійкий баланс на ф’ючерсному ринку з початку січня, професійні трейдери обережно купують, сигналізуючи про можливість короткострокового відновлення, тоді як загальні настрої ринку залишаються настороженими. Перспективи цінової стабільності XRP Наразі XRP Coin бореться за підтримку критичного рівня підтримки на рівні 0,50 доларів США, але досягти відскоку від цього порогу виявляється складним завданням. Закриття ціни нижче цієї підтримки може призвести до подальшого падіння до рівня $0,46 і нижче. Незважаючи на те, що нещодавнє підвищення ціни біткойна помітне, йому бракує основоположних стимулів, і будь-яке потенційне скорочення продажів GBTC врівноважується оптимістичним прогнозом Федерального резерву щодо зниження процентної ставки. Для справжнього розвороту ринку інвестори очікують, що XRP закриється вище 20-денної EMA, і прагнуть до висхідної лінії тренду, орієнтуючись на потенційні цілі в 0,67 долара, а згодом до 0 доларів.74.
#CryptoNews

Монета XRP бореться за відновлення, оскільки настрої ринку залишаються невизначеними

#BTC #XRP #CIN

✓Зміст

• Розвиток законодавства та динаміка ринку

• Перспективи цінової стабільності XRP

У 2024 році вартість XRP Coin зазнала значного падіння на 20%, позиціонуючи себе до завершення року на мінімумах, яких не було з середини жовтня. Відкочування біткойна до рівнів вище 44 000 доларів разом із зростанням довгострокових позицій на біржі OKX надали певну підтримку ринку. Незважаючи на ці фактори, майбутня вартість монети XRP залишається предметом спекуляцій.

Розвиток законодавства та динаміка ринку

#Ripple , компанія, що стоїть за XRP, збирається виконати рішення суду США щодо розкриття фінансових записів, пов’язаних з інституційними продажами монет XRP. Ця подія відбувається на тлі відновлення ринку після хакерського інциденту та триваючих занепокоєнь щодо процесу колективної апеляції. На біржі OKX спостерігалося зростання довгих позицій, і дані Binance вказують на перші ознаки активності китів, що рухається в позитивному напрямку. Незважаючи на стійкий баланс на ф’ючерсному ринку з початку січня, професійні трейдери обережно купують, сигналізуючи про можливість короткострокового відновлення, тоді як загальні настрої ринку залишаються настороженими.

Перспективи цінової стабільності XRP

Наразі XRP Coin бореться за підтримку критичного рівня підтримки на рівні 0,50 доларів США, але досягти відскоку від цього порогу виявляється складним завданням. Закриття ціни нижче цієї підтримки може призвести до подальшого падіння до рівня $0,46 і нижче. Незважаючи на те, що нещодавнє підвищення ціни біткойна помітне, йому бракує основоположних стимулів, і будь-яке потенційне скорочення продажів GBTC врівноважується оптимістичним прогнозом Федерального резерву щодо зниження процентної ставки. Для справжнього розвороту ринку інвестори очікують, що XRP закриється вище 20-денної EMA, і прагнуть до висхідної лінії тренду, орієнтуючись на потенційні цілі в 0,67 долара, а згодом до 0 доларів.74.
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Analyst Says Floki Could Boom Like Dogecoin: Is a Price Surge Coming? #FLOKİ #Dogecoin-DOGE The me space has become a hotspot for incredible gains, evident from numerous rags-to-riches stories highlighting the profitability of this entertaining ecosystem.As 2024 gears up for a bullish market, renowned crypto analyst Inmortal, has picked the one memecoin he thinks will do better than all the others in this market cycle.Floki – The Next Big ThingIn a recent tweet, prominent analyst Inmortal boldly predicts that $FLOKI will become the next big thing in the world of meme coins during this bull run. He’s making this prediction by comparing it to the journey of Dogecoin, a popular cryptocurrency.Inmortal supports this claim by sharing a graph comparing the early trajectory of Dogecoin with the current state of Floki. The graph illustrates a similar initial flatness in the value of Dogecoin, mirroring the current situation of Floki. Significantly, Dogecoin saw a sudden rise in popularity, resulting in a remarkable increase in its price. The analyst suggests that Floki might follow a similar path, expecting a surge in popularity that could push its price to reach new highs.Floki Price AnalysisThe Floki Inu price prediction indicates a potential decrease of -7.24%, projecting the price to reach $ 0.00002591 by February 12, 2024. Despite this prediction, technical indicators suggest a bearish sentiment, while the Fear & Greed Index registers at 62 (Greed).As of now, FLOKI is valued at $0.00002782, reflecting a 1.7% increase, with a market cap of $263.46M. Concurrently, the trading volume stands at $10.68M, marking a 2.24% change in the last 24 hours.#Write2Earn #TrendingTopic

Analyst Says Floki Could Boom Like Dogecoin: Is a Price Surge Coming?

#FLOKİ #Dogecoin-DOGE The me space has become a hotspot for incredible gains, evident from numerous rags-to-riches stories highlighting the profitability of this entertaining ecosystem.As 2024 gears up for a bullish market, renowned crypto analyst Inmortal, has picked the one memecoin he thinks will do better than all the others in this market cycle.Floki – The Next Big ThingIn a recent tweet, prominent analyst Inmortal boldly predicts that $FLOKI will become the next big thing in the world of meme coins during this bull run. He’s making this prediction by comparing it to the journey of Dogecoin, a popular cryptocurrency.Inmortal supports this claim by sharing a graph comparing the early trajectory of Dogecoin with the current state of Floki. The graph illustrates a similar initial flatness in the value of Dogecoin, mirroring the current situation of Floki. Significantly, Dogecoin saw a sudden rise in popularity, resulting in a remarkable increase in its price. The analyst suggests that Floki might follow a similar path, expecting a surge in popularity that could push its price to reach new highs.Floki Price AnalysisThe Floki Inu price prediction indicates a potential decrease of -7.24%, projecting the price to reach $ 0.00002591 by February 12, 2024. Despite this prediction, technical indicators suggest a bearish sentiment, while the Fear & Greed Index registers at 62 (Greed).As of now, FLOKI is valued at $0.00002782, reflecting a 1.7% increase, with a market cap of $263.46M. Concurrently, the trading volume stands at $10.68M, marking a 2.24% change in the last 24 hours.#Write2Earn #TrendingTopic
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Rebel Satoshi’s Latest Rally: Analysts Predict It Will Eclipse Bonk and Shiba InuRebel Satoshi will soon begin its quest to rebelliously take on the financial system as it plans to go live.Bonk DAO will invest $500,000 in an early-stage startup fund backing Solana-based projects.Shiba Inu maintains its long-standing ‘burning spree,’ having removed almost $90,000 worth of tokens last month.Rebel Satoshi ($RBLZ) is a trending meme coin predicted to eclipse prominent names like Bonk (BONK) and Shiba Inu (SHIB). The project’s rally in its fast-selling presale is the first sign. Yet, Rebel Satoshi offers much more; it’s a much-needed decentralized finance movement. Gain a quick dose of the latest developments among the top crypto coins in the meme token industry here.Let’s learn about Rebel Satoshi before studying the pertinent developments for Bonk and Shiba InuRebel Satoshi Aims to Conquer The Modern Financial SystemRebel Satoshi is a rebellious meme token on a seemingly impossible task of conquering the modern financial status quo, ensuring decentralized finance takes center stage. Through its defiant community, it plans to take down the many centralized authorities plaguing the systemThis collective is growing by the day, contributing over $1.5 million in Rebel Satoshi‘s early funding stages. The contributions will go a long way for massive potential returns since Rebel Satoshi aims to be worth $100 million in market cap.Achieving this goal offers the project the financial resources for its revolutionary goals and rewards for fellow rebels. The $RBLZ token is the key enabler for the latter, with incentives inspired by the best DeFi projects. These include staking income and entry into trading 9,999 symbolic NFTs in the form of collectibles and digital art characters in the Rebel Artefacts Vault.The supply of $RBLZ available in the Rebel Satoshi presale, in its ultimate round, continues to dwindle. $RBLZ is worth $0.022, a 120% increase compared to the first stage when it exchanged hands for $0.010. It’s not only that the token will rise 13.6% to $0.025 after the presale (expected to end this month) that’s enticing. Rebel Satoshi will gear up to officially launch and list $RBLZ on multiple exchanges for potentially higher valuations!Bonk DAO Plans to Allocate $500,000 in Solana-Based Startup FundFew could have imagined that the jokey Bonk would pivot toward being a venture fund investor. The Bonk DAO is a 12-person council that is BONK’s largest ‘whale’ (with about $124 million worth of tokens).This Cayman-based entity is responsible for management and community project funding within Solana. They have allocated BONK in numerous initiatives like hackathons and liquidity pools on the blockchain.The DAO is now investing $500,000 in an early-stage startup fund (organized by startup accelerator Colosseum) to back Solana-built projects. Prior to this announcement, the DAO held a governance vote for this proposal, with no one voting against it.Sadly, this development has done little to improve BONK’s massive fall, down 72% from an all-time high of $0.0000349804. From its current price of $0.0000098233, some forecasts suggest BONK could reach at least $0.000100 by 2025.Nearly 10 Billion SHIB Burned By Shiba Inu in January 2024Despite Shiba Inu being the second-most popular meme crypto to buy, it faces a common problem with many meme tokens of inflation. This is due to its unlimited circulating supply, which sits at about 590 trillion SHIB at the time of writing.‘Burning’ tokens are a tried-and-tested solution that Shiba Inu has religiously practiced. The blockchain removed 9.9 billion SHIB (equivalent to about $89,793) last month, according to the latest Shibburn data. However, this figure pales compared to the 36 billion SHIB (worth $326,520) burnt in December 2023.Speaking of large transactions, data from Etherscan shows an inflow of 307 billion SHIB to a Coinbase wallet. This often signals substantial selling in the future. Regardless, while a small jump, SHIB is up 7% from its yearly low of $0.00000843 (now worth $0.00000908). Based on forecasts, it could be worth a minimum of $0.000025 by 2025Disclaimer: This content is not endorsed by CryptoAks, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CryptoAks nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CryptoAks is not liable for any damages or losses from using or relying on this content#SHIBAnalysis #BONK/USDT #TrendingTopic

Rebel Satoshi’s Latest Rally: Analysts Predict It Will Eclipse Bonk and Shiba Inu

Rebel Satoshi will soon begin its quest to rebelliously take on the financial system as it plans to go live.Bonk DAO will invest $500,000 in an early-stage startup fund backing Solana-based projects.Shiba Inu maintains its long-standing ‘burning spree,’ having removed almost $90,000 worth of tokens last month.Rebel Satoshi ($RBLZ) is a trending meme coin predicted to eclipse prominent names like Bonk (BONK) and Shiba Inu (SHIB). The project’s rally in its fast-selling presale is the first sign. Yet, Rebel Satoshi offers much more; it’s a much-needed decentralized finance movement. Gain a quick dose of the latest developments among the top crypto coins in the meme token industry here.Let’s learn about Rebel Satoshi before studying the pertinent developments for Bonk and Shiba InuRebel Satoshi Aims to Conquer The Modern Financial SystemRebel Satoshi is a rebellious meme token on a seemingly impossible task of conquering the modern financial status quo, ensuring decentralized finance takes center stage. Through its defiant community, it plans to take down the many centralized authorities plaguing the systemThis collective is growing by the day, contributing over $1.5 million in Rebel Satoshi‘s early funding stages. The contributions will go a long way for massive potential returns since Rebel Satoshi aims to be worth $100 million in market cap.Achieving this goal offers the project the financial resources for its revolutionary goals and rewards for fellow rebels. The $RBLZ token is the key enabler for the latter, with incentives inspired by the best DeFi projects. These include staking income and entry into trading 9,999 symbolic NFTs in the form of collectibles and digital art characters in the Rebel Artefacts Vault.The supply of $RBLZ available in the Rebel Satoshi presale, in its ultimate round, continues to dwindle. $RBLZ is worth $0.022, a 120% increase compared to the first stage when it exchanged hands for $0.010. It’s not only that the token will rise 13.6% to $0.025 after the presale (expected to end this month) that’s enticing. Rebel Satoshi will gear up to officially launch and list $RBLZ on multiple exchanges for potentially higher valuations!Bonk DAO Plans to Allocate $500,000 in Solana-Based Startup FundFew could have imagined that the jokey Bonk would pivot toward being a venture fund investor. The Bonk DAO is a 12-person council that is BONK’s largest ‘whale’ (with about $124 million worth of tokens).This Cayman-based entity is responsible for management and community project funding within Solana. They have allocated BONK in numerous initiatives like hackathons and liquidity pools on the blockchain.The DAO is now investing $500,000 in an early-stage startup fund (organized by startup accelerator Colosseum) to back Solana-built projects. Prior to this announcement, the DAO held a governance vote for this proposal, with no one voting against it.Sadly, this development has done little to improve BONK’s massive fall, down 72% from an all-time high of $0.0000349804. From its current price of $0.0000098233, some forecasts suggest BONK could reach at least $0.000100 by 2025.Nearly 10 Billion SHIB Burned By Shiba Inu in January 2024Despite Shiba Inu being the second-most popular meme crypto to buy, it faces a common problem with many meme tokens of inflation. This is due to its unlimited circulating supply, which sits at about 590 trillion SHIB at the time of writing.‘Burning’ tokens are a tried-and-tested solution that Shiba Inu has religiously practiced. The blockchain removed 9.9 billion SHIB (equivalent to about $89,793) last month, according to the latest Shibburn data. However, this figure pales compared to the 36 billion SHIB (worth $326,520) burnt in December 2023.Speaking of large transactions, data from Etherscan shows an inflow of 307 billion SHIB to a Coinbase wallet. This often signals substantial selling in the future. Regardless, while a small jump, SHIB is up 7% from its yearly low of $0.00000843 (now worth $0.00000908). Based on forecasts, it could be worth a minimum of $0.000025 by 2025Disclaimer: This content is not endorsed by CryptoAks, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CryptoAks nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CryptoAks is not liable for any damages or losses from using or relying on this content#SHIBAnalysis #BONK/USDT #TrendingTopic
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Shiba Inu: $1000 Investment Could Turn Into $109k If SHIB Reaches $0.001 #SHIBA #WHEN #SHIB Shiba Inu (SHIB) has sunk over 80% from its historic peak in 2021. However, some loyal investors cling to the hope that the meme coin could mysteriously reclaim its all-time high of around $0.000088 someday.Even more optimistically, predictions periodically emerge of SHIB reaching $0.001—eliminating three zeros from today’s price. While mostly fanciful, these lofty projections invite explorations around potential investment returns.How much can $1,000 SHIB fetch when it hits $0.01?Specifically, if an investor puts $1,000 into Shiba Inu now at $0.000009, they’d secure around 111 million coins. That’s enough to gain entry into the vaunted “SHIB Millionaire’s Club” status. Then, should SHIB merely return to its high around $0.000088, that $1,000 stake would balloon to almost $10,000 for nearly 10 times its returns.However, things get more interesting if one indulges in $0.001 speculation. In that hypothetical scenario, today’s $1,000 bet would end up worth around $109,000 for life-changing gains, assuming investors held the full duration.  Will the meme coin hit $0.001?Of course, justifying such an extreme target requires incredible assumptions. Namely, SHIB’s market value would need to rival Bitcoin. Alternatively, developers would need to burn off hundreds of trillions of tokens from circulation to make $0.001 feasible.Since neither appears likely any time soon, seasoned analysts hesitate to put much stock in four- or five-digit percentage return projections. The cryptocurrency market’s overall value would need to multiply many times before SHIB realistically challenges $0.001. However, that doesn’t dampen more ambitious traders’ hopes of once again turning tiny investments into millions.shibshiba inu

Shiba Inu: $1000 Investment Could Turn Into $109k If SHIB Reaches $0.001 #SHIBA #WHEN #SHIB

Shiba Inu (SHIB) has sunk over 80% from its historic peak in 2021. However, some loyal investors cling to the hope that the meme coin could mysteriously reclaim its all-time high of around $0.000088 someday.Even more optimistically, predictions periodically emerge of SHIB reaching $0.001—eliminating three zeros from today’s price. While mostly fanciful, these lofty projections invite explorations around potential investment returns.How much can $1,000 SHIB fetch when it hits $0.01?Specifically, if an investor puts $1,000 into Shiba Inu now at $0.000009, they’d secure around 111 million coins. That’s enough to gain entry into the vaunted “SHIB Millionaire’s Club” status. Then, should SHIB merely return to its high around $0.000088, that $1,000 stake would balloon to almost $10,000 for nearly 10 times its returns.However, things get more interesting if one indulges in $0.001 speculation. In that hypothetical scenario, today’s $1,000 bet would end up worth around $109,000 for life-changing gains, assuming investors held the full duration.  Will the meme coin hit $0.001?Of course, justifying such an extreme target requires incredible assumptions. Namely, SHIB’s market value would need to rival Bitcoin. Alternatively, developers would need to burn off hundreds of trillions of tokens from circulation to make $0.001 feasible.Since neither appears likely any time soon, seasoned analysts hesitate to put much stock in four- or five-digit percentage return projections. The cryptocurrency market’s overall value would need to multiply many times before SHIB realistically challenges $0.001. However, that doesn’t dampen more ambitious traders’ hopes of once again turning tiny investments into millions.shibshiba inu
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Shiba Inu (SHIB) Might Pull off Stunning Comeback as Price Approaches Floor #SHIBA Shiba Inu (SHIB) price is at a major inflection point that might spark the start of a bullish ride. At the time of writing, the cryptocurrency has slumped by 3% in 24 hours to $0.000008908, a trend also showcased in its market capitalization, which is now worth $5,296,610,033. With the current outlook, the price of Shiba Inu has just printed a clean slate through which major movements are poised to trail moving forward.Shiba Inu has recorded a roller coaster ride in its price action over the past month, soaring from a low of $0.00000846 to a high of $0.00001049. Since it hit this high price level on Jan. 11, the token entered a downward spiral to its current level today. With the consistent sell-off in SHIB, the price is now likely approaching its floor price, from which a rebound is expected in the short term.Shiba Inu’s stunning comeback projections might first be likely to retest the $0.00001 price level, and from there, chart a way up toward its previous ATH. The trading volume is already hinting at this impending surge as it is up 15% in 24 hours to $71,102,901.Shibarium catalystSince the launch of Shibarium, Shiba Inu's Ethereum-based layer-2 scaling solution, the performance of Shiba Inu has been closely linked to trends in this protocol.In recent times, Shibarium hit a record block count above three million, a sign that shows its continuous usage in the face of stiff competition from other rival protocols like Polygon, Arbitrum and zkSync.With the advances in Shibarium, the network’s demand for SHIB may increase over time to stump the sell-off pressure in the token and return it to its winning ways. Overall, the token might soar more than 7.42% this month, a surge that will help it clear one zero, as it has always strived for.

Shiba Inu (SHIB) Might Pull off Stunning Comeback as Price Approaches Floor #SHIBA

Shiba Inu (SHIB) price is at a major inflection point that might spark the start of a bullish ride. At the time of writing, the cryptocurrency has slumped by 3% in 24 hours to $0.000008908, a trend also showcased in its market capitalization, which is now worth $5,296,610,033. With the current outlook, the price of Shiba Inu has just printed a clean slate through which major movements are poised to trail moving forward.Shiba Inu has recorded a roller coaster ride in its price action over the past month, soaring from a low of $0.00000846 to a high of $0.00001049. Since it hit this high price level on Jan. 11, the token entered a downward spiral to its current level today. With the consistent sell-off in SHIB, the price is now likely approaching its floor price, from which a rebound is expected in the short term.Shiba Inu’s stunning comeback projections might first be likely to retest the $0.00001 price level, and from there, chart a way up toward its previous ATH. The trading volume is already hinting at this impending surge as it is up 15% in 24 hours to $71,102,901.Shibarium catalystSince the launch of Shibarium, Shiba Inu's Ethereum-based layer-2 scaling solution, the performance of Shiba Inu has been closely linked to trends in this protocol.In recent times, Shibarium hit a record block count above three million, a sign that shows its continuous usage in the face of stiff competition from other rival protocols like Polygon, Arbitrum and zkSync.With the advances in Shibarium, the network’s demand for SHIB may increase over time to stump the sell-off pressure in the token and return it to its winning ways. Overall, the token might soar more than 7.42% this month, a surge that will help it clear one zero, as it has always strived for.
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U.S. Bitcoin Mining’s Surging Electricity Usage Recent findings from the U.S. Energy Information Administration (EIA) have brought to light the substantial electricity consumption attributed to Bitcoin mining within the United States. In 2023, Bitcoin mining operations accounted for 0.6% to 2.3% of the nation's total electricity usage, a range that places the industry's demand on par with the entire state of Utah's electricity consumption. This revelation has reignited discussions surrounding Bitcoin's environmental impact, challenging the prevalent narrative that its energy consumption is excessively detrimental.  according to Coingape. Texas and New York, identified as leading states in Bitcoin mining, have become focal points for the industry's expansion. This growth is partly fueled by the migration of crypto mining operations from China to the U.S., following the former's crackdown on the sector. The U.S. has also seen a rise in publicly traded large-scale Bitcoin mining firms, further indicating the sector's significant development over recent years. The report's findings have raised concerns among policymakers and grid planners regarding the potential strain on the electricity grid, the possibility of increased electricity prices, and the impact on energy-related carbon dioxide emissions. These concerns underscore the challenges of balancing the industry's growth with environmental and economic sustainability. Moreover, the upcoming Bitcoin halving event, expected to reduce mining rewards by half, could further intensify these debates. As miners adjust to the new rewards system, there's anticipation of increased mining activities, potentially leading to a higher demand for electricity. This scenario highlights the ongoing need for the Bitcoin mining industry to explore and adopt more energy-efficient and sustainable practices.
U.S. Bitcoin Mining’s Surging Electricity Usage

Recent findings from the U.S. Energy Information Administration (EIA) have brought to light the substantial electricity consumption attributed to Bitcoin mining within the United States. In 2023, Bitcoin mining operations accounted for 0.6% to 2.3% of the nation's total electricity usage, a range that places the industry's demand on par with the entire state of Utah's electricity consumption. This revelation has reignited discussions surrounding Bitcoin's environmental impact, challenging the prevalent narrative that its energy consumption is excessively detrimental.  according to Coingape.

Texas and New York, identified as leading states in Bitcoin mining, have become focal points for the industry's expansion. This growth is partly fueled by the migration of crypto mining operations from China to the U.S., following the former's crackdown on the sector. The U.S. has also seen a rise in publicly traded large-scale Bitcoin mining firms, further indicating the sector's significant development over recent years.

The report's findings have raised concerns among policymakers and grid planners regarding the potential strain on the electricity grid, the possibility of increased electricity prices, and the impact on energy-related carbon dioxide emissions. These concerns underscore the challenges of balancing the industry's growth with environmental and economic sustainability.

Moreover, the upcoming Bitcoin halving event, expected to reduce mining rewards by half, could further intensify these debates. As miners adjust to the new rewards system, there's anticipation of increased mining activities, potentially leading to a higher demand for electricity. This scenario highlights the ongoing need for the Bitcoin mining industry to explore and adopt more energy-efficient and sustainable practices.
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Shiba Inu sees more ‘out-of-money’ investors than Dogecoin #Shiba Inu [SHIB] has a higher percentage of “out of money investors” compared to its rival #Dogecoin [DOGE], according to data from IntoTheBlock.Information from the data provider showed that 875,000 wallet addresses that hold a total of 797 trillion SHIB coins do so at a loss. This makes up 66% of all SHIB holders.Conversely, only 377,000 addresses, accounting for 28.44% of all coin holders and holding 146 trillion SHIB coins, are in profit.On the other hand, DOGE has a higher number of investors in profit. As of this writing, 48% of all the meme coin holders do so at a profit, while 39% of them are at a loss.SHIB sees dwindling demandAMBCrypto reported earlier that DOGE witnessed a surge in new demand in the last week. Over the seven-day period considered, over 890,000 new accounts were created to trade the meme coin.On-chain assessment of SHIB’s network activity revealed that the opposite has occurred.Data from IntoTheBlock showed that in the last week, the daily count of new addresses created to trade the Doge killer plummeted by 5%. Due to this, the total number of addresses involved in SHIB transactions during the same period also saw an 18% dip. Assessed on a year-to-date (YTD), new demand for SHIB has fallen by 19%. This was gleaned from its new adoption rate metric, which has experienced significant swings since the year started.Once the number of active addresses trading an asset plunges, there is a corresponding decline in the total count of transactions.Data from IntoTheBlock showed a 17%  decrease in SHIB’s daily transactions in the last week alone. On a YTD basis, it has fallen by 21%.A significant correlation exists between an asset’s network activity and its price performance. SHIB’s low demand since the year began has negatively impacted its price.According to data from CoinMarketCap, the alt’s value has dropped by 10% since the 1st of January.SHIB’s Open Interest sees growthFollowing an extended period of decline in January, SHIB’s Futures Open Interest has rebounded and trended upward since the new month began. According to data from Coinglass, the coin’s Futures Open Interest has risen by 38% since the 29th of January. At press time, SHIB’s Open Interest totaled $22.06 million.When an asset’s Open Interest witnesses this kind of resurgence, it suggests that traders have begun opening new trading positions. 

Shiba Inu sees more ‘out-of-money’ investors than Dogecoin

#Shiba Inu [SHIB] has a higher percentage of “out of money investors” compared to its rival #Dogecoin [DOGE], according to data from IntoTheBlock.Information from the data provider showed that 875,000 wallet addresses that hold a total of 797 trillion SHIB coins do so at a loss. This makes up 66% of all SHIB holders.Conversely, only 377,000 addresses, accounting for 28.44% of all coin holders and holding 146 trillion SHIB coins, are in profit.On the other hand, DOGE has a higher number of investors in profit. As of this writing, 48% of all the meme coin holders do so at a profit, while 39% of them are at a loss.SHIB sees dwindling demandAMBCrypto reported earlier that DOGE witnessed a surge in new demand in the last week. Over the seven-day period considered, over 890,000 new accounts were created to trade the meme coin.On-chain assessment of SHIB’s network activity revealed that the opposite has occurred.Data from IntoTheBlock showed that in the last week, the daily count of new addresses created to trade the Doge killer plummeted by 5%. Due to this, the total number of addresses involved in SHIB transactions during the same period also saw an 18% dip. Assessed on a year-to-date (YTD), new demand for SHIB has fallen by 19%. This was gleaned from its new adoption rate metric, which has experienced significant swings since the year started.Once the number of active addresses trading an asset plunges, there is a corresponding decline in the total count of transactions.Data from IntoTheBlock showed a 17%  decrease in SHIB’s daily transactions in the last week alone. On a YTD basis, it has fallen by 21%.A significant correlation exists between an asset’s network activity and its price performance. SHIB’s low demand since the year began has negatively impacted its price.According to data from CoinMarketCap, the alt’s value has dropped by 10% since the 1st of January.SHIB’s Open Interest sees growthFollowing an extended period of decline in January, SHIB’s Futures Open Interest has rebounded and trended upward since the new month began. According to data from Coinglass, the coin’s Futures Open Interest has risen by 38% since the 29th of January. At press time, SHIB’s Open Interest totaled $22.06 million.When an asset’s Open Interest witnesses this kind of resurgence, it suggests that traders have begun opening new trading positions. 
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Shiba Inu's Shibarium Skyrockets 254% in New Accounts Activity In a stunning turn of events, #Shiba Inu's Layer-2 blockchain solution, Shibarium, has experienced an extraordinary surge, recording a jaw-dropping 254% increase in new accounts activity over the last three days.According to Shibariumscan, the number of new accounts per day skyrocketed from 24 on Feb. 1 to an impressive 61 on Feb. 3, bringing the total account count for Shiba Inu's L2 to an impressive 63,162.Such spikes in network usage often act as precursors to significant fluctuations in the prices of associated cryptocurrencies.Source: ShibariumscanHowever, the Shiba Inu ecosystem adds an intriguing twist to the narrative. Unlike other blockchain networks where the native token typically takes center stage, Shibarium's primary cryptocurrency is not SHIB but BONE.Shiba Inu's #BONE BONE, serving as the token for gas tolls and validator stakes within the Shibarium ecosystem, may emerge as the dark horse benefiting from this surge in new accounts. While the spike may not guarantee Shiba Inu's overall success, it has the potential to bring positive momentum to BONE's market quotations.BONE to USD by CoinMarketCapInvestors and enthusiasts better closely monitor the performance of BONE in the coming days, as the increased interest in Shibarium could mark a pivotal moment for the lesser-known cryptocurrency.As the Shiba Inu ecosystem continues to evolve, it is clear that the spotlight is shifting, and BONE might be the token to watch as it rides the wave of Shibarium's recent activity surge.#Write2Earn #TrendingTopic #ShibariumScan

Shiba Inu's Shibarium Skyrockets 254% in New Accounts Activity

In a stunning turn of events, #Shiba Inu's Layer-2 blockchain solution, Shibarium, has experienced an extraordinary surge, recording a jaw-dropping 254% increase in new accounts activity over the last three days.According to Shibariumscan, the number of new accounts per day skyrocketed from 24 on Feb. 1 to an impressive 61 on Feb. 3, bringing the total account count for Shiba Inu's L2 to an impressive 63,162.Such spikes in network usage often act as precursors to significant fluctuations in the prices of associated cryptocurrencies.Source: ShibariumscanHowever, the Shiba Inu ecosystem adds an intriguing twist to the narrative. Unlike other blockchain networks where the native token typically takes center stage, Shibarium's primary cryptocurrency is not SHIB but BONE.Shiba Inu's #BONE BONE, serving as the token for gas tolls and validator stakes within the Shibarium ecosystem, may emerge as the dark horse benefiting from this surge in new accounts. While the spike may not guarantee Shiba Inu's overall success, it has the potential to bring positive momentum to BONE's market quotations.BONE to USD by CoinMarketCapInvestors and enthusiasts better closely monitor the performance of BONE in the coming days, as the increased interest in Shibarium could mark a pivotal moment for the lesser-known cryptocurrency.As the Shiba Inu ecosystem continues to evolve, it is clear that the spotlight is shifting, and BONE might be the token to watch as it rides the wave of Shibarium's recent activity surge.#Write2Earn #TrendingTopic #ShibariumScan
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RIPPLE (XRP) ON THE VERGE OF A BREAKOUT AS ALGOTECH (ALGT) GOES FOR HIGHER PRICE Target's CONTENTS1. TLDR2. Ripple (XRP) Moving in a Positive Direction3. Algotech’s (ALGT) Price to Quickly Increase ValueRipple (XRP) is making a positive step as the crypto market recovers. Similarly, Algotech (ALGT), which is considered by many experts to be the best DeFi to invest in, is increasing in value as it generates $1.1 million in two days during its seed sale at a $0.02 price. Read this article to learn more about Ripple (XRP) and Algotech (ALGT).TLDRThe XRP crypto price keeps increasing.The Algotech (ALGT) price is set to surge.Ripple (XRP) Moving in a Positive DirectionXRP’s value seems to be increasing as it gained 10% by moving from $0.49 on January 25, 2024, to $0.54 on January 30. Nonetheless, the increase in Ripple’s (XRP) price has not fully convinced investors, as many whales remain nervous to invest.Although some traders believe the XRP crypto price will break out around $0.6, market metrics paint a different picture. As such, many whales are observing XRP to see how it evolves in the coming days before committing their resources.In more positive news, the XRP project is on the verge of expanding its team all around the world. These roles at XRP include senior product manager DeFi, senior software engineer, and senior software engineer in London, Bangalore, and Toronto, respectively.XRP’s mother company’s recruitment comes after it hired 55 individuals in different fields, including legal, marketing, information technology, finance, business development, engineering, and more. All these hires should send a positive signal to investors that XRP is looking to expand, potentially adding value to the XRP crypto price.Algotech’s (ALGT) Price to Quickly Increase ValueAlgotech (ALGT) recently began a cryptocurrency ICO that promises to be successful after raising $1.1 million in a few days of private sale. For this seed sale, Algotech’s (ALGT) value was $0.02. After increasing to a value of $0.04, Algotech (ALGT) transitioned to Stage 1 of its public presale.As Algotech (ALGT) increases in value, it should move from Stage 1 until it gets to Stage 4 of the public presale. As such, investors who invest in Stage 1, Stage 2, Stage 3, or Stage 4 of the Algotech (ALGT) public presale should have a potential ROI of a maximum of 275%. Being on the ERC20 token list, individuals who want to take advantage of this investment opportunity can access Algotech (ALGT) via the Ethereum network.There are various benefits and privileges that come with owning Algotech (ALGT) cryptocurrency. Therefore, owning Algotech (ALGT) means shareholders have ownership and governance rights. In addition, investors will periodically collect profit as dividends.Algotech (ALGT) generates profit for its shareholders by offering algorithms for a 30% performance fee. Part of the profit-driven from Algotech (ALGT) usually goes into funding research and development of futuristic strategies, including hedging and mean reversion.#Algotech #xrp #RippleTrends #Ripple

RIPPLE (XRP) ON THE VERGE OF A BREAKOUT AS ALGOTECH (ALGT) GOES FOR HIGHER PRICE Target's

CONTENTS1. TLDR2. Ripple (XRP) Moving in a Positive Direction3. Algotech’s (ALGT) Price to Quickly Increase ValueRipple (XRP) is making a positive step as the crypto market recovers. Similarly, Algotech (ALGT), which is considered by many experts to be the best DeFi to invest in, is increasing in value as it generates $1.1 million in two days during its seed sale at a $0.02 price. Read this article to learn more about Ripple (XRP) and Algotech (ALGT).TLDRThe XRP crypto price keeps increasing.The Algotech (ALGT) price is set to surge.Ripple (XRP) Moving in a Positive DirectionXRP’s value seems to be increasing as it gained 10% by moving from $0.49 on January 25, 2024, to $0.54 on January 30. Nonetheless, the increase in Ripple’s (XRP) price has not fully convinced investors, as many whales remain nervous to invest.Although some traders believe the XRP crypto price will break out around $0.6, market metrics paint a different picture. As such, many whales are observing XRP to see how it evolves in the coming days before committing their resources.In more positive news, the XRP project is on the verge of expanding its team all around the world. These roles at XRP include senior product manager DeFi, senior software engineer, and senior software engineer in London, Bangalore, and Toronto, respectively.XRP’s mother company’s recruitment comes after it hired 55 individuals in different fields, including legal, marketing, information technology, finance, business development, engineering, and more. All these hires should send a positive signal to investors that XRP is looking to expand, potentially adding value to the XRP crypto price.Algotech’s (ALGT) Price to Quickly Increase ValueAlgotech (ALGT) recently began a cryptocurrency ICO that promises to be successful after raising $1.1 million in a few days of private sale. For this seed sale, Algotech’s (ALGT) value was $0.02. After increasing to a value of $0.04, Algotech (ALGT) transitioned to Stage 1 of its public presale.As Algotech (ALGT) increases in value, it should move from Stage 1 until it gets to Stage 4 of the public presale. As such, investors who invest in Stage 1, Stage 2, Stage 3, or Stage 4 of the Algotech (ALGT) public presale should have a potential ROI of a maximum of 275%. Being on the ERC20 token list, individuals who want to take advantage of this investment opportunity can access Algotech (ALGT) via the Ethereum network.There are various benefits and privileges that come with owning Algotech (ALGT) cryptocurrency. Therefore, owning Algotech (ALGT) means shareholders have ownership and governance rights. In addition, investors will periodically collect profit as dividends.Algotech (ALGT) generates profit for its shareholders by offering algorithms for a 30% performance fee. Part of the profit-driven from Algotech (ALGT) usually goes into funding research and development of futuristic strategies, including hedging and mean reversion.#Algotech #xrp #RippleTrends #Ripple
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February crypto outlook: Shiba Inu (SHIB), Retik Finance (RETIK), and Bonk (BONK) emerge as top buysFebruary crypto outlook: Shiba Inu (SHIB), Retik Finance (RETIK), and Bonk (BONK) emerge as top buysAs we step into February 2024, the cryptocurrency market continues to intrigue investors with its dynamic shifts and promising opportunities. Renowned crypto analysts and market insiders are pointing towards potential breakout stars for the month, including Shiba Inu (SHIB), Retik Finance (RETIK), and #Bonk (BONK). Let's delve into the insights shaping the February crypto outlook and why these assets are emerging as top buys.#Shiba Inu (SHIB) Signals Bullish MomentumAccording to crypto analyst Ali Martinez, the TD Sequential indicator, known for its accuracy in forecasting price dynamics, is currently signalling a buy for Shiba Inu (SHIB). This indicator suggests a potential upswing for SHIB, drawing attention from traders and enthusiasts alike. Martinez speculates that SHIB may experience an ascent, with price levels potentially reaching $0.010 or even surging to $0.011. Such projections ignite interest in the SHIB market, with investors closely monitoring developments for lucrative opportunities. The insights provided by Martinez position Shiba Inu as a compelling choice for investors eyeing February's crypto landscape. Moreover, SHIB KNIGHT, an insider in the Shiba Inu community, highlights a significant development on the 2H chart, indicating a reversal in SHIB's downtrend. This analysis hints at a possible sudden and substantial price surge for SHIB, adding to the bullish sentiment surrounding the token. Additionally, Lucie, Shiba Inu's marketing lead, unveils ambitious plans for the Shibarium ecosystem, aiming to integrate 1,000 new projects. Such strategic initiatives underscore SHIB's potential for growth and adoption, cementing its status as a top buy for February 2024.Retik Finance (RETIK): Poised for Remarkable GrowthAs Retik Finance (RETIK) advances through its presale stages, its current trading price of $0.10 reflects an impressive all-time profit of over 233.33%. This notable performance captures the attention of market analysts who foresee further growth potential of over 50% for RETIK in February. The project's momentum is fueled by its Certik certifications and prominent presence on platforms like CoinMarketCap and CoinGecko, which enhance its visibility and credibility within the crypto community. This solidifies RETIK's standing as a top buy for February 2024, offering investors the prospect of significant returns. Looking ahead, Retik Finance has ambitious plans for future development, including its scheduled listing on two major centralised exchanges in Q3 2024. These forthcoming milestones signal a continued trajectory of growth and expansion for #RETIK , positioning it as an attractive long-term investment opportunity. With a solid foundation, strategic partnerships, and a clear roadmap for advancement, Retik Finance remains poised to capture further market share and deliver value to its stakeholders beyond the confines of February, cementing its status as a promising asset in the crypto landscape.

February crypto outlook: Shiba Inu (SHIB), Retik Finance (RETIK), and Bonk (BONK) emerge as top buys

February crypto outlook: Shiba Inu (SHIB), Retik Finance (RETIK), and Bonk (BONK) emerge as top buysAs we step into February 2024, the cryptocurrency market continues to intrigue investors with its dynamic shifts and promising opportunities. Renowned crypto analysts and market insiders are pointing towards potential breakout stars for the month, including Shiba Inu (SHIB), Retik Finance (RETIK), and #Bonk (BONK). Let's delve into the insights shaping the February crypto outlook and why these assets are emerging as top buys.#Shiba Inu (SHIB) Signals Bullish MomentumAccording to crypto analyst Ali Martinez, the TD Sequential indicator, known for its accuracy in forecasting price dynamics, is currently signalling a buy for Shiba Inu (SHIB). This indicator suggests a potential upswing for SHIB, drawing attention from traders and enthusiasts alike. Martinez speculates that SHIB may experience an ascent, with price levels potentially reaching $0.010 or even surging to $0.011. Such projections ignite interest in the SHIB market, with investors closely monitoring developments for lucrative opportunities. The insights provided by Martinez position Shiba Inu as a compelling choice for investors eyeing February's crypto landscape. Moreover, SHIB KNIGHT, an insider in the Shiba Inu community, highlights a significant development on the 2H chart, indicating a reversal in SHIB's downtrend. This analysis hints at a possible sudden and substantial price surge for SHIB, adding to the bullish sentiment surrounding the token. Additionally, Lucie, Shiba Inu's marketing lead, unveils ambitious plans for the Shibarium ecosystem, aiming to integrate 1,000 new projects. Such strategic initiatives underscore SHIB's potential for growth and adoption, cementing its status as a top buy for February 2024.Retik Finance (RETIK): Poised for Remarkable GrowthAs Retik Finance (RETIK) advances through its presale stages, its current trading price of $0.10 reflects an impressive all-time profit of over 233.33%. This notable performance captures the attention of market analysts who foresee further growth potential of over 50% for RETIK in February. The project's momentum is fueled by its Certik certifications and prominent presence on platforms like CoinMarketCap and CoinGecko, which enhance its visibility and credibility within the crypto community. This solidifies RETIK's standing as a top buy for February 2024, offering investors the prospect of significant returns. Looking ahead, Retik Finance has ambitious plans for future development, including its scheduled listing on two major centralised exchanges in Q3 2024. These forthcoming milestones signal a continued trajectory of growth and expansion for #RETIK , positioning it as an attractive long-term investment opportunity. With a solid foundation, strategic partnerships, and a clear roadmap for advancement, Retik Finance remains poised to capture further market share and deliver value to its stakeholders beyond the confines of February, cementing its status as a promising asset in the crypto landscape.
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