In the world of cryptocurrency, market experts often make bold predictions about the future prices of various digital assets. Recently, two experts have revised their predictions for Ethereum, the second-largest crypto token in terms of market capitalization. One of the experts, Adriano Feria, went as far as predicting that Ethereum could reach an astounding $100,000
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Recent data on Ethereum exchange-traded funds (ETFs) in the US reveals a concerning trend of net outflows. On one particular day, the nine spot Ethereum ETFs experienced a total outflow of $77.21 million, marking a significant reversal from the previous day’s positive activity. This comes at a time when the price of Ether has struggled
The first two quarters of 2024 saw a surge in popularity of meme coins, with investors jumping on the bandwagon in hopes of quick gains. However, recent observations indicate a significant cooling off in the market, with only a few lesser-known meme coins managing to record gains over the past 30 days. The once-popular meme
Manchester United has taken a groundbreaking step in engaging its fans by launching player trading cards and the Fantasy United game for the 2024/25 season on the Tezos Blockchain. This innovative approach allows fans to collect cards featuring first-team players, build squads, and compete in a Web3 fantasy football game. The ‘Fantasy United’ game offers
Wanderers Open Beta has finally launched on the Epic Games Store, allowing gamers to delve into a unique gaming experience that combines generated worlds with deck-building mechanics. This highly anticipated release follows several Closed Beta events, where selected players provided valuable feedback to shape the game’s development. Now, with the Open Beta available to all,
The hedge fund manager James Lavish has made a bold prediction that Bitcoin could soar to $428,000 in the future. This staggering price target is based on the assumption that Bitcoin will account for 1% of the $900 trillion investment assets worldwide. At its current price, Bitcoin only represents a mere 0.15% of the total
The Bahamas Securities Commission recently announced the passage of the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024) in an effort to provide regulatory clarity for the country’s digital assets industry. This move comes nearly two years after the collapse of FTX, a major exchange headquartered in the Bahamas. The collapse of FTX in
XRP has witnessed a significant price surge, climbing to $0.66 on Wednesday, marking an 8% increase over the past 24 hours. This surge comes amidst important developments in the XRP ecosystem and renewed investor optimism, with the accumulation trend gaining momentum. A notable increase in the number of wallets holding at least 10,000 XRP has
The Elliot Wave theory has gained significant popularity among Bitcoin analysts for its ability to provide insights into the future price movements of the cryptocurrency. By utilizing the 5-wave Elliot Wave theory, analysts like XForceGlobal can make predictions about the direction in which the Bitcoin price is expected to head. XForceGlobal’s Analysis In a recent
Cardano (ADA) has been facing a downward trend, but there is a glimmer of hope with the potential formation of an inverted hammer on the weekly chart. This pattern suggests a possible trend reversal from bearish to bullish, indicating potential buying pressure. However, confirmation is necessary with a subsequent bullish candle. ADA’s technical analysis shows