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Showing posts from October, 2024

Top Cryptocurrencies to Invest in Now October 31 – ORDI, Core, Kaspa

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Bitcoin ETF inflows recently surged to $900 million, signaling rising institutional interest and driving prices upward. On October 29, inflows reached their highest, boosting Bitcoin’s market cap to $1.42 trillion. This event also coincided with the Fear and Greed Index reaching 77, showing positive market sentiment.  The broader cryptocurrency market reflects this sentiment, with a global market cap of $2.42 trillion, a slight 0.06% increase from the previous day. The global Fear and Greed Index, at 66, suggests a “greed” sentiment. This sentiment has influenced several altcoins, which have also experienced strong market growth, attracting both retail and institutional interest. With rising optimism across the crypto market, top cryptocurrencies to invest in now offer promising investment opportunities for market participants. Top Cryptocurrencies to Invest in Now This article analyzes significant tokens investors can add to their portfolios. Shiba Inu recent...

Dogecoin Price Prediction: DOGE Surges 22% In A Week As This Innovative Staking Meme Coin Storms Toward $3 Million

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The Dogecoin price has surged 22% in the past week even after it fell 2% in the last 24 hours to trade at $0.170 as of 00:35 a.m. EST on trading volume that plunged 37% to $2.06 billion. Dogecoin Price Prediction: DOGE Aiming For A Bullish Rally The Dogecoin price has been in an uptrend in October, as the bulls used the $0.11 support zone to push the price through a markup phase, according to data from GeckoTerminal . DOGE then went through a consolidation phase from mid-October within the $0.1460 range. The Dogecoin price bulls then used the lower boundary of the sideways pattern at $0.13 as the support to push DOGE through a parabolic curve, which indicates strong momentum. DOGE now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which supports the price’s general bullish outlook. The RSI is in bullish territory but not yet overbought, currently at 65, meaning there’s still potential for further gains before any risk of a reversal. If the RSI ...

BRICS De-Dollarization: Bloomberg Predicts the Future of the US Dollar

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Bloomberg’s Senior Editor Chris Anstey analyzed the future of the de-dollarization initiative kick-started by the BRICS alliance this year. The bloc wants to put a full stop to the US dollar and uproot it from the world’s reserve currency status. The agenda is to put local currencies ahead for trade which could lead to the natural death of the USD. Also Read: BRICS: U.S. Dollar Crisis Could Begin in 2025 Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. While the idea sounds easy on paper, the reality is painstakingly different as the currency markets are dependent on each other. The Bloomberg analyst predicted that the BRICS de-dollarization initiative will just be a “dream” that “remains a fantasy” forever. BRICS: De-Dollarization Will Remain a Fantasy, An Unrealistic Dream: Bloomberg Analyst Source: iStock The Bloomberg analyst wrote that the BRICS 2024 summit on de-dollarization showed no real d...

Walmart: WMT Gets $90 Target Upgrade Despite One Key Concern

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With earnings season upon us, Walmart (WMT) has gotten a critical upgrade to its target price, despite one glaring concern that analysts have for the stock. Indeed, the retailer has seen its target boosted to $90 from Guggenheim, with a caveat expressed by experts seemingly across the board. Despite a fall Tuesday, Walmart has enjoyed a pretty impressive stretch. Moreover, both the Q3 earnings and the holiday season have incited increased interest in the stock’s value and what it could do for the close of the year. However, there may be some worry starting to develop regarding how the stock could perform when the calendar turns. Source: CNBC Also Read: Walmart: Why WMT Got Boosted $85 Target, Outperform Rating Walmart Target Gets Boosted as Analysts Share One Vital Concern There are few brands in the United States as strong as Walmart. Indeed, the company is among the most prominent retail chains in the country and has continuously fortified its strength. It looks to do so yet aga...

Popcat Price Prediction: POPCAT Jumps 13% To Flip BONK, But Analysts Say This Meme Coin Staking ICO Might Be The Best Crypto To Buy Now

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The Popcat price jumped 13% over the past 24 hours to trade at $1.72 as of 3:35 a.m. EST on an 18% pump in trading volume to $230 million. The POPCAT price surge enabled it to flip Bonk (BONK) to become the fifth-largest meme coin with a market capitalization of $1.68 billion. BONK now ranks sixth with a market cap of $1.61 billion. Popcat Price May Continue The Uptrend: Can The Bulls Sustain The Momentum? The POPCAT/USDT price action in the 15-minute timeframe presents a clear bullish trend, with several factors supporting upward momentum. The price is trading above the 50-period and 200-period moving averages, a key indicator of bullish sentiment. The 50-period moving average (marked in blue) reflects short-term strength, while the 200-period moving average (in green) confirms longer-term stability in the uptrend. These moving averages can also be dynamic support if the price sees a minor pullback. The major support zone, around $1.47, has previously acted as a strong foundation...

Marc Andreessen’s crypto-trading AI breakthrough is human-operated

A new platform modeled after the degenerate Solana meme coin platform Pump.fun has the crypto community buzzing about the dawn of AI-managed hedge funds. In reality, humans are behind everything, including its first proof-of-concept: the purposefully misspelled ai16z fund endorsed by a real co-founder of a16z. Analogous to greenwashing adding a veneer of ecological responsibility to an organization’s public image, AI-washing is spraying crypto projects with superficial sophistication. Although AI-branded altcoins have proliferated for months, this month’s debut of AI crypto trading funds suggests the trend is far from over. Truth_Terminal kicked off this latest iteration of AI-washed marketing. Its owner kept his human decision-making quiet as he and venture capitalist Marc Andreessen encouraged public celebration of his non-existent AI-managed trades.  Spotting success in misleading the public about the supposed advent of market-beating AI traders, Andreessen has now...

Dogecoin Price Prediction: DOGE Soars 4% After Elon Musk Comments, But Traders Turn To This Presale With A 1,520% Staking APY

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The Dogecoin price rose 4% in the last 24 hours to trade at $0.1434 as of 03:43 a.m. EST on trading volume that skyrocketed 95% to $1.56 billion. This comes as Elon Musk also said he’ll save the US $2 trillion through the Department of Government Efficiency (DOGE) that Donald Trump has said Musk will head if he retakes the White House after November’s US election.  Such comments, though not about DOGE itself, have often buoyed the Dogecoin price because of the acronym for the name of the government department. Dogecoin Price To Continue Soaring After being in consolidation in early October, the Dogecoin price went on a markup phase from the $0.108 level to $0.1458, according to data from GeckoTerminal . The $0.1458 is now acting as the immediate resistance zone, which has allowed the price of Dogecoin to trade within the sideways pattern as the bulls aim for a breakout above. DOGE now trades above both the 50-day and 200-day Simple Moving Average (SMA), affirmin...

Asia's weekly TOP10 crypto news (Oct 21 to Oct 27)

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1. South Korea’s Financial Supervisory Service Investigates: Five Major Cryptocurrency Exchanges Have Delisted 34.9% (517 Types) of Tokens Over Seven Years link According to data submitted by the Financial Supervisory Service of South Korea to the National Assembly, from January 2018 to August 2024, the five major cryptocurrency exchanges in South Korea (Upbit, Bithumb, Coinone, Korbit, Gopax) listed a total of 1,482 cryptocurrency assets, of which 34.9% (517 assets) have been delisted. These delisted assets had an average listing duration of 748 days, but over 54% were removed within two years. Additionally, 20.7% of the assets were delisted in less than a year, with the shortest lifespan being 77 days for DigixDAO, which was delisted in January 2018. Notably, in contrast to the volatility of the cryptocurrency market, there have been no forced delistings of stocks on the South Korean stock exchange in the past seven years. 2. Japanese Democratic Party Leader Commits to Reducing Crypt...

Top Trending Cryptos on Solana Chain Today – Hedgehog, Geckoro, TRUST

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The cat-themed MEW coin has reached impressive new levels, surpassing its previous all-time high and exceeding a market capitalization of $1 billion. This significant achievement follows Bitstamp’s announcement of new trading pairs for MEW, including MEW/USD and MEW/EUR. Additionally, Upbit, Korea’s leading exchange, reported that MEW’s trading volume has surpassed that of Bitcoin, indicating its growing popularity as a meme coin. Meanwhile, the trend of AI-driven cryptocurrencies is on the rise, with GOAT taking the lead. GOAT has also recently achieved a new all-time high (ATH) and continues to gain momentum. Moreover, tokens across several blockchains are posting price increases. This article focuses on the top trending cryptos on Solana Chain today. Top Trending Cryptos on Solana Chain Today The Hedgehog token (HOG) currently trades at $0.0261, with an approximate market cap of $26.07 million. Geckoro (KORO) is valued at $0.0134, with a market capitalization of ...