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Showing posts from February, 2024

5 Cryptocurrencies Outperforming Others in the Top 100

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WLD’s successful rise above the $8 resistance could trigger a jump toward $10. AR might slip below $20 while selling pressure could lead PEPE down to $0.0000013. Increased buying pressure could send FET above $2 while FLR’s momentum had turned bearish. Over the last few weeks, the broader crypto market has experienced major upside with Bitcoin (BTC) hitting $64,000 at one point. However, apart from Bitcoin’s jump, there have been several cryptocurrencies that have been in the spotlight and performed exceptionally. Here are the top five best-performing coins in the top 100. Worldcoin (WLD) Worldcoin’s (WLD) price increased by 217.82% in the last 30 days. At a particular time, the price of the token crossed $9. However, in the last seven days, the upward trajectory had cooled, and at press time, Worldcoin changed hands at $7.72. Based on the 4-hour WLD/USD chart sellers might have gotten exhausted with support appearing at $7.25. However, a build-up bac...

Gemini Reaches Settlement in New York, Will Credit Back All Earn Customers

The cryptocurrency exchange based in New York, Gemini, made an announcement late Wednesday that an agreement has been reached in the bankruptcy case of Genesis, a crypto lending company. This agreement will see the return of $1.1 billion in digital assets to the users of the Earn program on the platform. Earn Update: Today, we are pleased to announce that we have finally reached a settlement in principle with Genesis and other creditors in the Genesis Bankruptcy that will, if approved by the Bankruptcy Court, result in all Earn users receiving 100% of their digital assets back in… — GeminiTrustCo (@GeminiTrustCo) February 28, 2024 Gemini stated stated that a settlement has been finally reached with Genesis and other creditors in the Genesis Bankruptcy which would ensure that all Earn users get back 100% of their digital assets. A settlement in principle has finally been reached with Genesis and other creditors in the Genesis Bankruptcy, which, pending approval by the ...

BEAM And Chiliz (CHZ) Retain Gains Amid Market Correction While NuggetRush Emerges As New Market Sensation

TLDR Investors are impressed with Beam’s February recovery. Chiliz (CHZ) has also jumped to the $0.10 range. NuggetRush (NUGX) has sold nearly 200 million tokens as its presale glory continues. Beam has launched its bridge to Ethereum. Paris Saint Germain (PSG) has joined Chiliz as a validator. NuggetRush (NUGX) has also gone a step closer towards launching its mining game after selling over 199 million tokens. Its mining adventures will offer gold rewards to gamers once it goes live. Yet, can NUGX join the best Crypto currency investments of 2024? Let’s discuss. >> Buy NuggetRush Now << BeamPrivacy Records February Surge Beam has enjoyed increased investor sentiment in mid-February, continuing its late 2023 surge. Like many top altcoins that rallied at the end of 2023, Beam recorded a price decline in January.  However, Beam has now recovered amid increased interest in its privacy tokens. BEAM traded at $0.09929 on January ...

Ethereum Hits $3,300: How High Can ETH Go This Weekend?

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The Ethereum network underwent a dramatic transition from the proof-of-work mining model to the proof-of-stake model on September 15, 2022. With an astounding 99.95% decrease in energy use, this much-anticipated change has ushered in a new era of sustainability and environmental friendliness in the blockchain sector. Ethereum has displayed notable growth recently. It is trading at $3,342 at press time, with a 15% surge in value over the last seven days.  ETH  is up by 46% year-to-date. Let us look at the price prediction for Ethereum for this weekend and how high it can go. Also read: Binance Coin Hits $400 After Bitcoin Surge: Here’s How High BNB Can Go. Source: CoinGecko Ethereum price prediction for February-end Cryptocurrency experts at Changelly have predicted the price of ETH for the weekend. According to the analysts, ETH is forecast to reach a minimum of $3,428 and a maximum of $3,447. The average price of Ethereum is expected to ...

Bitcoin Layer 2 Network, B² Network, Now Supports Connectivity with Bitget Wallet

Victoria, Seychelles, February 28th, 2024, Chainwire Bitcoin Layer 2 network, B² Network, now supports connectivity with Bitget Wallet . Users can access the fast, cost-effective, and secure Bitcoin Layer 2 network through the Bitget Wallet mobile app or browser extension. This allows for cross-chain transactions of BTC assets and participation in airdrop programs. As an EVM-compatible Bitcoin Layer 2 solution, B² Network integrates smart contracts into the Bitcoin network, unlocking the untapped potential of Bitcoin’s $832 billion market capitalization. This initiative serves as a platform for pioneering applications in the BTC ecosystem, including DeFi, NFTs, BTC derivatives, and the creation of new Bitcoin assets. Alvin Kan, COO of Bitget Wallet, said; “We keep engaging in Bitcoin ecosystem development, support and collaborate with Bitcoin protocols and Layer 2 networks, providing users with new assets and opportunities.” Recently...

Validation Cloud raises $5.8M to power enterprise adoption of Web3

Validation Cloud announced it secured $5.8 million in a funding round led by Cadenza Ventures. The Switzerland-based company will use the funding to accelerate adoption of its infrastructure to help with enterprise adoption of Web3. Validation Cloud, a Switzerland-based Web3 data streaming and infrastructure firm, has secured $5.8 million in a funding round led by Cadenza Ventures. This is Validation Cloud’s first external financing round and funds raised will go towards promoting global enterprise adoption of Web3. According to details in a press release, the oversubscribed round also attracted the participation of prominent global venture firms, including Blockchain Founders Fund, Blockwall, Bloccelerate, Side Door Ventures, GS Futures, Metamatic and AP Capital. Validation Cloud to help Web3 enterprise adoption Zug-based Validation Cloud is one of the leading providers of high performance, scalable products in staking, node and data to clients acr...

Weekly Cryptocurrency Analysis: Altcoins Recover From Downturn And Continue To Rise

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Feb 27, 2024 at 18:33 // Price Author Coin Idol The following cryptocurrency markets have either fully recovered from the bear market or are starting to show signs of a bull market again. From the bottom of the chart, altcoins are rising. Cryptocurrencies in this overview by Coinidol.com: PEPE, THETA, FLR, AGIX and UNI. Pepe Pepe (PEPE) is in an uptrend after recovering from a previous downturn. The cryptocurrency has risen to a high of $0.00000211560 at the time of writing. It is likely that buyers will push the altcoin above the $0.00000281000 resistance le...

Dogwifhat Price Prediction: SOL Meme Coin WIF Soars 49% As This New Dog-Themed AI Presale Hurtles Towards $1 Million

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The Dogwifhat price surged 49% in the past 24 hours to trade at $0.5443 as of 03:23 a.m. EST on trading volume that surged 210% to $119 million. Investors are returning to the excitement of meme coins as there is an increase in risk appetite throughout the cryptocurrency markets. This enthusiasm is partly due to Bitcoin retaking $54,000 for the first time since early December 2021, and then hitting $56,000 as the crypto space anticipates the Bitcoin halving event in April. Among other meme coins witnessing a rise in value are PEPE, BONK, and FLOKI. Dogwifhat Price Poised To Continue Its Bullish Rally Above The Falling Wedge WIFUSD Chart Analysis Source: Tradingview.com The Dogwifhat price has been on a gradual price increase since the start of February, as the bulls reclaimed the $0.47 resistance. However, the rejection at this level allowed the bears to take control of the price, driving it down within a falling wedge pattern. The bulls continue to show resilience, as they used...

Bitcoin hits $56k, its highest level since November 2021: Are we seeing $60k soon?

Key takeaways BTC rallied by nearly 10% on Monday to reach the $56k level for the first time since November 2021. Bitcoin Dogs’ presale is officially closing in on the $5 million milestone. Bitcoin eyes the $60k resistance level after hitting $56k The cryptocurrency market began the week bullishly, with Bitcoin adding nearly 10% to its value on Monday. Thanks to its rally, BTC reached $56,740, its highest level since November 2021.  At press time, the  price of Bitcoin stands at $55,850, up by more than 8% in the last 24 hours. Thanks to the recent rally, Bitcoin’s market cap has now crossed the $1.1 trillion mark for the first time in over two years. The world’s leading cryptocurrency by market cap will be eyeing the next resistance level at $60k if the bulls remain in control.  What is Bitcoin Dogs? With Bitcoin rallying, it is not surprising that other Bitcoin-related projects are also experiencing positive per...

Bitcoin maxi Greg Foss apologizes for bipolar tirade against Ordinals community

In an emotional meme-worthy rant during the Bitcoin 2023 conference, Bitcoin maxi Greg Foss furiously screamed at Udi Wertheimer and Eric Wall for wearing Taproot Wizards costumes and dancing on stage. Conference organizer Bitcoin Magazine had awkwardly scheduled the duo to discuss nascent topics like Ordinals after a somber speech by Robert F. Kennedy Jr.  But Foss’ blood boiled as he blamed ‘Udiots‘ for focusing on Bitcoin topics outside of his preferred goal of hard money. On Friday, Foss apologize d, saying that he’s clinically bipolar and regrets his actions. Friends, it has been a while… I have been struggling with some very deep and dark depression. I mentioned my battles on stage in 2022 in the “billionaires” group. That was the highlight of my Bitcoin presentations and I thank @DavidFBailey and @ Bitcoin Magazine for that… https://t.co/t6cHZG3UJQ — FOSS – #forthekids (@FossGregfoss) February 24, 2024 Read more: Bitcoin 2023: Miami has had...

Analyst Spots Dencun Upgrade and Ethereum ETF as Crypto Bull Cycle Catalysts

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Kyle Doops believes the Dencun upgrade will catalyze the upcoming crypto bull run. Doops thinks the potential Ethereum ETF approval will support Dencun and push the crypto market higher. The analyst spotted a breakout in the ETH BTC chart, suggesting an improving ETH dominance. According to Kyle du Plessis, a crypto technical analyst famously known as Kyle Doops, the upcoming Ethereum Dencun upgrade will be the next catalyst for a potential cryptocurrency bull run. Doops made the statement during a recent YouTube Crypto Banter show while analyzing the cryptocurrency price cycles and their timing. Doops noted that if Bitcoin holds up without having a pre-cycle dump ahead of March 13, the expected date for the Dencun upgrade, the event may send Ethereum soaring to new heights. According to Doops, an Ethereum surge at this time would cause a significant rally in the entire crypto market. Still focusing on the expected catalysts ahead of the bull cycle,...

JasmyCoin Price Prediction: JASMY Soars Again For 161% Weekly Gain, But Is This Other 100X Meme Coin The Best Crypto To Buy Now?

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The JasmyCoin price has soared by 165% in the last seven days to trade at $0.01596 as of 2:17 a.m. EST to emerge as the week’s top gainer among the top 100 cryptos by market capitalization, ahead of Worldcoin (WLD), SingularityNET (AGIX), The Graph (GRT), and Uniswap (UNI). Weekly top gainers snap | Source: CoinMarketCap JasmyCoin Price Prediction: JASMY Headed Towards Corrections However, looking at the charts, the JasmyCoin could be headed for a correction after its recent upswing. The JASMY price action earlier showed a significant uptrend, as indicated by the green arrow, followed by what appears to be the formation of a head and shoulders pattern, which is a bearish reversal pattern. The left shoulder and head have already formed as the right shoulder develops. If the pattern completes with a right shoulder and the price falls below the neckline, acting as the support level connecting the lows between the head and the shoulders, it could signal a reversal of the current...

New and Best Meme Coins To Buy Saturday, February 24 – TokenFi, Pitbull, Oogi, Sponge V2 

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Investors exploring promising tokens in today’s volatile market might find some meme coins worth considering. Additionally, Sponge V2 could be a good option for such investors. They can seize the potential bull run of $SPONGE from the outset, potentially yielding tremendous profits. Furthermore, Sponge V2 is launching a play-to-earn game, which enables players to earn $SPONGE and expand the coin’s utility. At the core of Sponge V2 lies the stake-to-bridge model, which allows holders to acquire V2 by staking their V1 tokens. This strategy facilitates a seamless transition and rewards loyalty through potential staking rewards. New and Best Meme Coins to Buy Now Investors who missed Sponge V1’s +100% price pump can capitalize on V2. Building on V1’s success, the meme coin is poised to surpass its predecessor’s performance. Additionally, its robust social media presence is poised to guarantee it receives the necessary exposure. In other news, uncertainty in...

Reddit Reveals Bitcoin And Ether Holdings In IPO Filing

Social media giant Reddit has revealed using some of its excess cash to invest in Bitcoin (BTC) and Ether (ETH). The information was disclosed on Feb. 22 in its prospectus for an initial public offering (IPO) on the New York Stock Exchange. In addition to holding what it described as ”immaterial” amounts of Bitcoin and Ether at the end of last year, it also revealed that it had at some point also bought Ether and Polygon (MATIC) as a way to pay for virtual goods, and added that it ”many continue to do so in the future.” Reddit To Join MicroStrategy, Tesla Among Listed Firms Holding Crypto Assets If the IPO filing is approved, Reddit expects its stock, under the ticker “RDDT,” to start trading in March. It would join a small number of public companies, including Michael Saylor’s  Microstrategy and Elon Musk’s Tesla, that hold cryptocurrencies on their balance sheets. JUST IN: Reddit has invested its excess cash reserves in #Bitco...