301.74K
1.14M
2024-06-05 08:00:00 ~ 2024-06-12 09:30:00
2024-06-13 04:00:00
Total supply42.00B
Resources
Introduction
Aethir is the only Enterprise-grade AI-focused GPU-as-a-service provider in the market. It’s a decentralized cloud computing infrastructure that allows GPU providers (containers) to meet Enterprise clients who need powerful H100’s chips for professional AI/ML tasks. Aethir also support cloud gaming clients with their virtual computing phones and GPU's with contracts with the world’s largest telecommunication company. Everything within Aethir ecosystem will be decentralized and community-owned.
With Ethereum potentially gearing up for a new peak, the crypto market is buzzing with anticipation. Analysts wonder if this momentum could spark a surge in alternative cryptocurrencies. A savvy Bitcoin millionaire has spotted altcoins that might offer substantial returns. Among them is XYZVerse (XYZ), a pioneering memecoin uniting sports fans across various disciplines. It blends meme culture with athletic passion, aiming for explosive growth reminiscent of past crypto successes. Score Big with XYZ: The New Meme Coin Heavyweight The fans are losing it! The XYZ token is in the crypto ring, landing blows on the competition – bullshit coins, worthless farming schemes, and scam projects. Like a true champ, this first-ever all-sports meme token has fought its way through the bear market with fearless momentum and shows no signs of slowing down. With eyes set on a roaring thousand-fold growth, XYZ is destined to leave the 2024 meme coin triumphants like BOME and WIF trailing in its wake. 💰 Own the field, earn while the crowd plays 💰 XYZ is more than just a benchwarmer in the meme coin game; it’s creating the ultimate playing field with XYZVerse, where the thrill of sports meets the energy of meme culture. With a roadmap equipped with entertainment dApps, prediction markets, and sports betting options, XYZ is poised to draw in millions of gamblers ready to join the action. Remember Polymarket’s massive $1 billion trading volume during the US election betting fever? XYZ is gearing up for an even bigger win in the GameFi arena, letting its stakeholders cash in on the perfect combo of meme coin vibes, sports hype, and crypto mass adoption . 💥 Missed meme coin supercycle? 💥 By capitalizing on the ever-expanding gambling niche, XYZ is set to become the G.O.A.T of meme coins. BOME’s 5,000% takeoff and WIF’s 1,000% year-to-date rally are now relics of the past because XYZ is set to explode by over 9,900% after the TGE and outshine its sensational predecessors. Get in the game early to secure your spot – currently undervalued, XYZ is going the distance to break new records! 🥇 Rallying the community, securing the win 🥇 XYZVerse will be the MVP in this bull run, giving the community the control to call the plays and steer the ecosystem’s direction. Active contributors will receive airdropped XYZ tokens as a reward for their dedication. With rock-solid tokenomics and plans for both CEX/DEX listings, XYZ is positioned for a championship run, ensuring a steady revenue flow and consistent token burns to keep the scoreboard in favor of a strong price and a thriving community. >>The XYZ presale is live – don’t miss out on this knockout 99,900% opportunity!<< Ondo Finance (ONDO) Ondo (ONDO) has experienced a significant decline over recent months. In the past week, its price dropped by 13.53%. Over the last month, it decreased by 14.88%. Looking at the six-month span, ONDO’s value has fallen by 24.16%. Currently, it trades within the $0.56 to $0.72 range. Technical indicators show mixed signals. The Relative Strength Index (RSI) is at 41.36, suggesting the asset is not yet in oversold territory. The Stochastic indicator stands at 14.00, which is approaching levels that might indicate overselling. The Moving Average Convergence Divergence (MACD) level is -0.00498, pointing to bearish momentum. The 10-day Simple Moving Average is $0.61, slightly below the 100-day average of $0.65. If the downward trend continues, ONDO may test the nearest support level at $0.49. A drop to this level would represent a decrease of around 12% from the current price range. If the price rebounds, it could face resistance at $0.82, which is approximately 14% above the current high end of the trading range. Breaking this resistance might lead ONDO to the second resistance level at $0.98, suggesting potential for growth if market conditions improve. Pepe (PEPE) PEPE has seen ups and downs lately. In the past week, its price dropped by 11.47%, and over the last month, it fell by 13.65%. Despite this, the coin has grown by 2.70% in the past six months. The current price ranges between $0.000007341 and $0.000009580, indicating a period of consolidation. Technical indicators show PEPE is nearing key levels. The nearest resistance is at $0.000010966; breaking this could lead to the next target of $0.000013205. On the downside, the nearest support is at $0.000006488, with a secondary support at $0.000004249. The 10-day Simple Moving Average is $0.000008171, slightly below the 100-day average of $0.000008684, hinting at short-term bearishness. Momentum indicators are mixed. The Relative Strength Index is at 43.16, suggesting PEPE is neither overbought nor oversold. The Stochastic indicator at 43.50 points to a neutral stance. With a slightly negative MACD level of -3.6010e-8, there may be downward momentum. Based on these factors, PEPE’s price could rise if it breaks through resistance levels or fall further if it dips below support. Floki Inu (FLOKI) FLOKI (FLOKI) has experienced a downward trend recently. Over the past week, its price dropped by 10.44%. In the last month, it decreased by 11.12%, and over six months, it’s down by 29.35%. The current price range is between $0.00010886 and $0.00014357. This decline raises questions about its future movement. Technical indicators show mixed signals. The Relative Strength Index (RSI) is at 41.02, suggesting that FLOKI is neither oversold nor overbought. The Stochastic oscillator stands at 28.40, which is on the lower side. The Moving Average Convergence Divergence (MACD) level is negative at -0.0000009565, indicating bearish momentum. The 10-day Simple Moving Average (SMA) is $0.00012197, which is below the 100-day SMA of $0.00013138, pointing to a short-term downtrend. Looking ahead, FLOKI faces resistance at $0.00016533 and support at $0.00009592. If it breaks above the first resis tance level, it could aim for the second resistance at $0.00020004, representing a potential increase of about 39% from the current price. Conversely, if the price falls below the support at $0.00009592, it might decline toward the second support at $0.00006121, a possible decrease of around 44%. These levels will be crucial in determining FLOKI’s direction in the coming days. JasmyCoin (JASMY) Jasmy has experienced a downturn recently. Over the past week, its price fell by -5.08%. In the last month, it dropped by -15.41%, and over six months, it’s down -8.05%. Currently trading between $0.0156 and $0.0188, JASMY shows signs of selling pressure. Despite the declines, indicators suggest possible stabilization. The Relative Strength Index is at 48.08, near the neutral zone, indicating neither overbought nor oversold conditions. The Stochastic value of 35.27 suggests it may be approaching oversold territory. The 10-day and 100-day Simple Moving Averages are $0.0168 and $0.0173, respectively—figures close to current prices—hinting at consolidation. For JasmyCoin to regain upward momentum, it needs to surpass the nearest resistance level of $0.0207, an increase of about 15%. If the price drops, it may test the nearest support at $0.0142, a decrease of around 10%. Breaking through $0.0207 could lead to testing the second resistance at $0.0239. Conversely, failing to hold support might see prices fall to the second support level of $0.011. Conclusion While ONDO, PEPE, FLOKI, and JASMY are promising, XYZVerse (XYZ) uniquely blends meme culture and sports, aiming for massive growth and standing out in the bullish market. You can find more information about XYZVersus (XYZ) here: Site , Telegram , X
Bitcoin (BTC) supporter Donald Trump appeared before voters in West Palm Beach and began his speech, with unofficial results showing him leading the presidential race. Trump declared victory, saying Americans had 'made history' The headlines from Trump's speech were as follows: “Thank you for electing me as your 47th President of the United States. This will be America's golden age. This is a tremendous victory for the American people. We're winning now in Michigan, Arizona, Nevada, Alaska, and we're going to help our country heal. We made history tonight for a reason This is a political victory. Thank you to the American people for honoring my election. America has given us an unprecedented and powerful mandate. We took back control of the Senate. I will fight for every citizen. “We will pay off the debts and reduce taxes.” Trump also spoke about Elon Musk and said, “We now have a new star: Elon Musk, Musk is one of the most important people in this country.” Referring to the assassination attempt he suffered, Trump stated that he would keep his promises and said, “God saved my life and gave me another chance. I will keep my promises.” Trump did not mention Bitcoin in his victory speech. After refreshing the ATH at $75,000, Bitcoin experienced a pullback and fell below $74,000. *This is not investment advice.
After Donald Trump won the 2024 U.S. election, crypto markets experienced a significant uptick and Bitcoin reached a new all-time high (ATH). Bitcoin (BTC) reached a new all time high of over $75,000, but retraced back to $72,650. Despite this BTC is still up 6.5% and is currently at $1.45 billion. The trading volume is up to $93.2 billion. At the time of writing, Bitcoin’s total market cap surged by 9.32% to $2.45 trillion. Ethereum is also up by 6.3% and is priced at $2,600 with $33 billion in trading volume. READ MORE: Bitcoin Set to Outperform Gold as Adoption Grows – Anthony Pompliano Goatseus Maxmus (GOAT) is the biggest winner in the past 24 hours with 37.66% in gains and is trading at $0.6928. Memecoins such as Dogecoin , Bonk and Popcat also registered significant gains of over 16% with DOGE breaking the $0.2 level, but retraced by 4% in the past hour. In the past 24 hours $549.08 million were liquidated – $177.04 million in long positions and $372.04 million in shorts. The santiment is extremely bllish with the summary and moving averages show “strong buy” at 17 and 14, respectively, and the oscillators showing “buy” at 3.
MOG crypto confirms itself as one of the strongest meme coins in the Ethereum meme coin market, but what’s next for MOG price? In the last 72 hours, Mog has increased by +26%, and the market cap reached $760 million before being corrected slightly. What’s next for MOG? Will it continue to rise? $MOG is so disgustingly undervalued. Only a matter of time. Very soon tbh 🫵😹 pic.twitter.com/HQwEp2RJ7S — MOGBULLA 🫵😹 (@0xthade) November 5, 2024 The overall trend for MOG remains positive, with significant momentum in the recent medium term. MOG’s price action has shown resilience in maintaining an upward trajectory, and the current market outlook suggests that bullish momentum persists. MOG Price Analysis: Is MOG Crypto About To Make a New ATH? ( MOGUSDT ) MOG Price Trading volume in 24h Last 7d price movement is trading just -26% down from its previous ATH of $960 million in July 2024. The price has since dropped steadily, but MOG now appears to be on its way to new highs again, making it one of the strongest Ethereum meme coins on the market. The key resistance level is around $0.235, and the price has struggled to break through this level on multiple occasions. It appears to be a strong resistance as it coincides with past peaks. Meanwhile, the key support level is currently positioned around 0.159. If the price breaks below this level, it could weaken the uptrend, making this a crucial area to watch. The 100-day moving average (MA) is the blue line. It is currently acting as dynamic support for the price of MOG. The price action seems to hover near or above the 100-day MA, indicating a relatively strong trend. However, testing of the 100-day MA may indicate periods of consolidation or weakness in the trend if it gets broken. The RSI at the 52 level suggests that the asset is neither overbought nor oversold. There is a balance between buyers and sellers. With only a few hours to go until the US elections, we expect a particularly volatile market. Mog could also suffer from this volatility, deciding its immediate price action. Pepe Unchained Meme Coin Layer-2 Is a Great Play Heading into New MOG ATH In response to one of the most frequent grievances among meme coin traders – high gas fees – Pepe Unchained is determined to free the legendary Pepe from its ERC-20 constraints with the launch of a highly anticipated, dedicated meme coin layer-2. What does this mean? In a nutshell , Pepe Unchained will deliver faster transactions at a lower cost, enabling a highly scalable playground for the best meme coin developers in the crypto space. With such strong support, Pepe Unchained will likely attract even more investment ahead of its exchange debut. Many, including crypto influencer Jacob Crypto Bury, believe that $PEPU could deliver a remarkable 10x return, further igniting excitement among potential investors. If you’re new to Pepe Unchained or still need to acquire a good amount of $PEPU tokens, joining the presale is easy. Visit the project’s official website, connect your wallet, and purchase $PEPU using ETH, USDT, or BNB. Credit card payments are also accepted. Stay informed about the latest developments and announcements by joining the Pepe Unchained community on X (Formerly Twitter) and Telegram . Visit Pepe Unchained . EXPLORE: Dogecoin Pre-Election Pump: Will Department of Government Efficiency Be Created By Trump? Join The 99Bitcoins News Discord Here For The Latest Market Updates
Recent market fluctuations have seen PONKE experiencing a notable 32% decline, but underlying indicators hint at potential support for recovery. PONKE has witnessed a significant 54% rise in transaction volume, showcasing a resilient buying interest during a period of price stabilization. Analysts suggest that reclaiming the $0.503 support could pave the way for PONKE to target a new all-time high (ATH) of $0.714; however, failing this could trigger a downward trend. PONKE faces a critical juncture following a 32% drop, but rising transaction volumes suggest a potential rebound may be on the horizon, focusing on key resistances. PONKE’s Resilience Amidst Price Drops PONKE’s recent price action has been marked by a steep decline of 32% from its recent highs. This pullback, largely attributed to profit-taking from early investors, has momentarily stalled its quest for establishing a new all-time high. Despite this setback, indications from technical analysis showcase that PONKE possesses strong underlying support. Technical indicators, particularly the Ichimoku Cloud, reveal a bullish sentiment as the cloud is currently positioned beneath price candles, highlighting potential upward pressure. Historically, this setup has often signaled a favorable macro outlook for assets, fostering an environment conducive to recovery. An In-Depth Look at Recent Transaction Volumes Transaction volume offers a valuable insight into market sentiment and activity surrounding PONKE. Recent data reveals a remarkable 54% increase in transaction volumes following the significant price drop. Such spikes in transaction volume, particularly during a stabilization phase, often indicate accumulating interest from investors rather than a sell-off. This resilience in transaction activity suggests that rather than panic selling, investors may view the current lower prices as an opportunity to buy, thereby countering the price drop and paving the way for potential recovery. PONKE’s Price Dynamics and Future Outlook PONKE currently trades around $0.425, having struggled to maintain the crucial $0.503 support level. The inability to convert this level into a foundation for growth has led to cautious trading sentiment among market participants focused on meme coins. Conversely, the historical performance of PONKE indicates a tendency for recovery post-corrections, as observed in previous market cycles. If the altcoin successfully reclaims the $0.503 mark, it could be poised for growth, aiming for an all-time high above $0.714. However, a failure to achieve this resilience may lead to a stagnating phase, with a risk of an approximate drop towards $0.270 if the market continues to exhibit profit-taking behaviors. Conclusion In summary, while PONKE has faced downtrends indicative of profit-taking, the notable increase in transaction volume and supportive technical indicators hint at a possible rebound. Investors and traders should monitor the critical support level of $0.503 as a key indicator for future price movements. Continued buying interest could validate PONKE’s path towards recovery, while failure to hold key support could necessitate reassessment of market conditions. In Case You Missed It: Rising Crypto Scams in Colorado: Authorities Warn of Bitcoin Fraudsters Posing as Law Enforcement
Donald Trump holds a historic 93.1% chance of winning the 2024 presidential election. Bitcoin surged to a new ATH of above $75k as Trump’s chances of winning the election rose. A user placed an $18M bet on Trump, and if he wins, the user could get over $29M. According to recent data from Polymarket, Donald Trump is poised to win the 2024 presidential election. Polymarket shows that he has a remarkable 93.1% chance of victory. This figure represents the highest winning rate ever recorded in a U.S. presidential election. As the election unfolds, confidence in Trump’s prospects continues to build. The rise in Trump’s chances has also influenced Bitcoin prices, with BTC reaching an all-time high of around $75,327 before experiencing a price decrease. Trump’s campaign has gained considerable ground by having 246 electoral votes compared to Kamala’s 194 so far. With the growing confidence in Trump, more individuals are putting massive stakes on his victory. This shows that many view the opportunity for profit-making here as being high. The interplay between political events and financial markets remains crucial. Market analysts are closely observing these trends and how Trump’s candidacy impacts investor sentiment. Betting patterns can further provide insights into future market movements. The data from Polymarket shows an increasing volume of Trump-related bets. The betting market can be seen as a tool that reflects political faith, and it could have broader implications. As Trump leads in the polls, the stakes grow higher for both bettors and investors. A noteworthy event in the betting market involves a user named “zxgngl.” This account has placed a staggering $18 million bet on Trump’s success. If Trump secures the presidency, the payout for this wager could exceed $29 million. This bet is considered the largest single wager on Trump’s victory in the prediction market. The post Bitcoin Reaches New Heights with Trump’s Rising Election Odds appeared first on CryptoTale.
Bitcoin will bounce back “above the macro trend,” but only in 2025, a new prediction says. In his latest X content on Nov. 4, Keith Alan, co-founder of trading resource Material Indicators, saw the US presidential election casting a two-month shadow over Bitcoin ( BTC ) price action. Bitcoin will beat macro trend “regardless” Bitcoin traders remain primed for volatility and surprise moves as US election day dawns, but some are already looking beyond the result. For Alan, a Trump win would spark a “knee-jerk” reaction on BTC/USD, with the opposite happening if the Democrats hold onto power. “Bitcoin will not make a new ATH before the votes are counted,” he concluded in one of four “assumptions” about short-term BTC price performance. Alan noted that various support lines, including the April 2021 mid-cycle top and the 21-day simple moving average (SMA) were failing to become support, as was $69,000. “Technical Support at the 50-Day MA is coming into focus with secondary support at the 21-Week MA, but the volatility could obliterate the technicals,” the post acknowledged. BTC/USD 1-day chart. Source: Keith Alan/X Moving forward, Bitcoin may have a longer-term headache due to geopolitical flux. It may take until the new government is officially in power for the market to outperform again, which will occur in mid-January. “Won’t get relief from this $hitstorm of politics induced anxiety, stress, chaos or market volatility until Inauguration Day, Jan 20th,” Alan concluded. “Regardless of who wins Election2024 , by Q2 2025 Bitcoin will return to it's trajectory above the macro trend.” BTC price trendline viewed as downside support As Cointelegraph continues to report , market participants still see all-time highs coming for Bitcoin. Related: US election vs. Fed rate cut — 5 Things to know in Bitcoin this week Some forecasts predict a major price discovery event in the coming months, including a trip to $100,000 in early 2025 . Last week, BTC/USD narrowly missed matching its current record set in March. “If things start breaking down, don’t rule out the possibility of a trip to the 50-Week Moving Average and potentially the Macro Trend Line,” Material Indicators warned in its post. The 50-week SMA currently sits at $59,200, data from Cointelegraph Markets Pro and TradingView shows. BTC/USD 1-week chart with 50SMA. Source: TradingView
TL;DR Dogecoin (DOGE) briefly overtook Ripple (XRP) in market cap, fueled by Trump’s election lead. Analysts predict further gains, with some targets as high as $0.40 or even $1, despite overbought signals. Big Win for DOGE Holders The leading meme coin has been among the top-performing cryptocurrencies lately. Earlier today (November 6), its price soared above the psychological level of $0.20 to reach an eight-month high. In the following hours, it slightly retraced and is currently trading at around $0.19 (per CoinGecko’s data). Its market capitalization briefly exceeded $30 billion, thus flipping Ripple (XRP) to become the seventh-biggest cryptocurrency. Later, though, the figure plunged to $28.5 billion, and DOGE returned to the eighth spot. Donald Trump’s lead in the US presidential elections is one apparent factor fueling the meme coin’s rally (and that of the entire cryptocurrency market). The latest data shows that the pro-crypto candidate (according to his promises) is very close to securing an official victory, with his odds of winning reaching 99.6% on Polymarket. Trump even declared victory, while Kamala Harris has yet to concede. Dogecoin’s bull run has been highly beneficial for investors. According to IntoTheBlock, there are currently no holders underwater, with 89% sitting on some paper profits and 11% being break even. The picture looked completely different in September 2023, when DOGE was worth around $0.06. Back then, the investments of only 42% of the holders were profitable (on paper). Ready for Further Gains? Numerous analysts believe Dogecoin’s bull run is still at its starting point, predicting a substantial price jump in the near future. The popular X user KALEO thinks the valuation may explode to $0.40 as early as this week, while CROW set a target of a new ATH of $1: IT’S HAPPENING! And we won’t stop at $1, mark my words $DOGE pic.twitter.com/nt8OOau743 — CROW (@TheCrowtrades) November 6, 2024 Some important on-chain metrics, though, suggest that DOGE might experience a correction in the short term. The Relative Strength Index (which measures the speed and change of price movements), for example, has climbed into bearish territory of over 70. Such a reading indicates that the asset could be overbought and might be poised for a pullback. On the contrary, an RSI ratio below 30 can be interpreted as a buying opportunity.
Elizabeth Warren has been re-elected for her fourth term as Senator in the US elections. The Senator has been quite critical of the crypto industry in the past few months. The cryptocurrency market has become a spur of activity as Bitcoin hits a new milestone in ATH. The digital asset surged to the $75K level coinciding with market expectations and much to the joy of investors. US electoral events that influenced BTC price have been causing quite a frenzy instigating new bullish momentums. While Trump is currently leading, in the State of Massachusetts, crypto advocate and XRP supporter John Deaton has lost to Elizabeth Warren. This is Warren’s fourth term in the US Senate, serving in the Democratic party. The senator vetoed several crypto-friendly bills in her previous term and has been intensely critical of the crypto industry. On the other hand, Republican candidate John Deaton had expressed great support for the crypto industry. He also endorsed Ripple in the Ripple Vs. SEC lawsuit. Recently, on October 25, Deaton posted a detailed summary of the SEC’s approach to crypto and criticized the ‘regulation through enforcement’ policy. Thus the victory of Warren over Deaton has led to some uncertainty within the community, although the overall results still show potential for pro-crypto leaders. Moreover, the US elections activity has blown a storm of actions within the global crypto market as several prominent tokens have hit important milestones. Warren Vs. Deaton’s Crypto Stance Senator Elizabeth Warren holds a long history of being anti-crypto with crucial actions. For instance, recently in February, Warren criticized the crypto industry for its ‘promoting illicit activities’. The senator mentioned so while discussing the Anti-Money Laundering bill that introduces stricter regulations for banks dealing with digital assets. Moreover, in the recent debate with Deaton, the Republican candidate highlighted how Warren’s bill banks self-custody of Bitcoin. Additionally, the bill was said to promote banks’ custody of Bitcoin. Moreover, Deaton’s crypto stance caused Ripple founder Brad Garlinghouse to endorse the candidate before the elections. Highlighted Crypto News Today: Bitcoin Hits New All-Time High as US Election Fuels Bullish Momentum
Manta Network (CRYPTO:MANTA) recently announced a collaboration with Aethir (CRYPTO:ATH), an infrastructure provider for decentralised cloud services, aimed at enhancing decentralised applications (dApps) on its platform. This partnership, detailed on Medium, provides Manta Network’s dApps, particularly gaming and AI-related projects, with high-performance GPU access through Aethir's decentralised network, offering a cost-effective alternative to conventional cloud providers. This development is expected to benefit developers needing significant computational power, enabling them to build scalable and low-latency applications without incurring the high costs typical of centralised cloud services. Aethir’s decentralised approach offers an efficient solution for GPU access, expanding computing power availability to a broader range of developers. By utilising Aethir’s infrastructure, Manta Network-based applications can achieve enhanced performance and a better user experience, reflecting the innovation and growth within the Web3 ecosystem. A spokesperson for Manta Network highlighted that this partnership supports their strategy to deliver affordable and resilient computing resources, empowering developers to create high-performance applications within a decentralised framework. The collaboration allows developers to efficiently manage their computing needs through Aethir's DePIN stack, reducing the financial strain often associated with traditional cloud solutions. According to Manta Network, this partnership not only provides essential resources for dApp builders but also fosters an accessible and decentralised environment in the Web3 space. It enables improved application performance, scalability, and affordability, aligning with Manta Network’s goal to support innovation within the sector. At the time of reporting, the Manta Network (MANTA) price was $0.5828, and the Aethir (ATH) price was $0.04389.
PONKE’s price recently experienced significant fluctuations, marked by a 32% drop from its recent high. This decline, fueled by profit-taking sentiment among investors, has halted PONKE’s attempt to establish a new all-time high (ATH). Despite this setback, the altcoin is showing signs of resilience and may still have the potential for a strong rebound. PONKE Has Potential The Ichimoku Cloud, a technical indicator that helps predict future price movements and identify trends, is signaling a bullish outcome for PONKE. This cloud, when positioned below the candlesticks, suggests that the asset is experiencing upward pressure, which could lead to further gains. The Ichimoku Cloud consists of several components that generate support and resistance levels, measure momentum, and provide a forecast for possible trend reversals. For PONKE, the cloud is currently situated below the price candles, indicating underlying support. This setup has historically signaled macro-level growth for assets, regardless of short-term price dips. Read More: How to Buy Solana Meme Coins: A Step-By-Step Guide PONKE Transaction Volume. Source: Santiment PONKE’s macro momentum also looks promising, as indicated by recent transaction volume data. Following Monday’s 32% drop, transaction volume surged by 54% over the past 24 hours. Despite this increase in volume, PONKE’s price has stabilized rather than declined further, which implies that the majority of transactions are driven by buying interest. Increased transaction volume amid price stability is generally a positive indicator, as it suggests accumulating interest rather than a sell-off. For PONKE, this trend supports the case for a potential rebound, further bolstered by its Ichimoku Cloud position. PONKE Ichimoku Cloud. Source: TradingView PONKE Price Prediction: Aiming High PONKE’s price is currently at $0.425, down 32% from Monday’s high, having failed to secure the $0.503 level as support. The inability to establish a new ATH and maintain $0.503 as a support level has introduced short-term caution among meme coin traders. Historically, PONKE has shown resilience after similar pullbacks, with July’s rally being a notable exception. Given the positive factors from the Ichimoku Cloud and transaction volume, a recovery could be on the horizon. If the meme coin flips $0.503 into support, it may be poised to target a new ATH beyond $0.714. Read More: What Are Meme Coins? PONKE Price Analysis. Source: TradingView However, if PONKE fails to breach $0.503 and turn it into support, the asset could enter a period of consolidation. Should profit-taking continue, a drop toward $0.270 could occur, which would invalidate the bullish outlook and shift market sentiment more conservatively.
While Bitcoin (BTC) broke a record by reaching a new ATH last March, altcoins did not perform as well as BTC. While altcoin investors await the altcoin season that never seems to come, popular analyst Benjamin Cowen said he believes the correction in altcoins will end by the end of 2024 or early 2025. The analyst, who predicted that the altcoin market would experience another significant decline before the corrections were over, predicted that the ‘grand finale’ of the altcoin corrections would occur at the end of 2024 or early 2025. Basing his forecast on 2019, the analyst stated that the current situation is similar to the years 2019-2020. According to the analyst, altcoin markets are currently showing a similar pattern to the end of 2019. Accordingly, altcoins showed a gradual recovery in 2020 and reached new highs in 2021. At this point, the analyst thinks that this scenario in 2019-2020 is likely to occur in early 2025. It looks like the grand finale of the altcoin reckoning has finally arrived. The altcoin reckoning should be over by December 2024 (2nd week of January 2025 at the latest). It has been a long journey, and many gave up along the way, but this process was always going to play out pic.twitter.com/WRVUvIHDTt — Benjamin Cowen (@intocryptoverse) November 3, 2024 *This is not investment advice.
Bitcoin (BTC) continues to hold at $68,000 after falling from $73,000 price level. Analysts explore BTC potential in both Trump or Harris Presidential win. Both analysts are certain that BTC will hit $100,000 either way. Sentiment for a bullish Q4 seems to be holding strong despite Bitcoin’s dip to the $68,000 price level from having almost hit its previous ATH of $73,700 from $73,400. Bitcoin has yet to rally to reclaim and beat its previous ATH price but continues to hold strong at the $68,000 price level. Bitcoin and the US Presidential Election A number of seasoned and reputed analysts expect BTC price to reach between $100,000 and $150,000 by the end of Q4 2024 and go on to hit much higher highs in 2025. Some analysts expect BTC price to hit $220,000 to $550,000 by the peak of the crypto bull cycle. As the sentiment builds, the US Presidential elections take the spotlight. While some believe only Trump winning the election will lead to a bull run, many expect a bull run to occur no matter a Trump or a Harris victory. As we can see from the post above, this analyst says that if Harris were to win, the crypto market would still perform well from a macro perspective. If Kamala wins, I still think crypto performs well from a macro POV. Global liquidity/macro easing conditions are ultimately more important. However, I do think it sets the timeline back 2-3 months and likely results in $BTC outperformance until at least until 2025. — Miles Deutscher (@milesdeutscher) November 4, 2024 In detail, he says that global liquidity and macro-easing conditions are ultimately the most important factors. However, the analyst goes on to say that it is likely that in the case of Harris’s victory the bull run timeline could be set back by 2-3 months. This would mean that Bitcoin will outperform until at least until 2025. Read CRYPTONEWSLAND on google news Bitcoin Primed for $100,000 Despite Trump or Harris Win https://x.com/EmperorBTC/status/1853132526652711055 Adding on, another popular analyst agrees with this outlook. As explained in the post above, he says that if Trump wins , the crypto market will accumulate and Bitcoin will range and pump to $100,000. If Harris wins , the crypto market may dump a little then accumulate and pump to $100,000. He concludes by saying that either way, the crypto market will take the same path, just a different trajectory. disclaimer read more Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
Altcoins show strong bullish patterns despite Bitcoin’s dip to $68,000. The Bitcoin of Japan, JasmyCoin (JASMY) holds a strong support line. Analyst says $0.62 price target for JASMY is likely by 2025. Bitcoin maintains positive and bullish market sentiment as the pioneer crypto asset continues to hold strong at the $68,000 price level. Adding to the bullish state of the crypto market are the high expectations for the commencement of altseason that is likely to follow Bitcoin’s new ATH which analysts expect to see by the end of Q4. Bitcoin and Altcoins Remain Bullish Altseason is likely to usher in a number of new ATHs for the more popular and capable altcoins in the market. However, altseason is only expected to start after Bitcoin price pumps to set new ATHs. These BTC ATH predictions extend from BTC hitting $100,000 by the end of Q4 2024 to BTC hitting $550,000 by 2026. Meanwhile, several potential altcoins are showing highly bullish indicators on their price charts. For instance, altcoins like SHIB, XRP, ADA, VET, DOGE, and ETH are all printing bullish signals on their price charts from golden crosses, cup and handle formations, inverted shoulder patterns, and much more. JASMY Pump to $0.62 Nears for 2025 Adding on to the bullish expectations, some popular altcoins like JUP, SUI, and FET have started to pump. Presently, many analysts are keeping their sights on other potential altcoins that could also pump hard when altseason arrives. One such altcoin is the Bitcoin of Japan, JasmyCoin (JASMY). #Jasmy is nearing a breakout after two years of accumulation, with a potential target of $0.62 by 2025. pic.twitter.com/VzmkP1FHuO Read CRYPTONEWSLAND on google news — STEPH IS CRYPTO (@Steph_iscrypto) November 3, 2024 This altcoin has shown many bullish indicators so far. The latest of these includes JASMY price maintaining the same support line as it goes on to test another. Analysts and traders are hoping the altcoin can hold the line . As we can see from the post above another analyst notices JASMY nearing a breakout after two years of accumulation with potential targets of $0.62 by 2025. disclaimer read more Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
Bitcoin’s healthy correction is linked to election volatility, with potential growth expected in the mid-to-long term. OTC Bitcoin shortages may fuel price surges as more buyers shift to exchanges, adding momentum to Bitcoin’s upward trend. Investors are setting orders near $65K, anticipating a potential bounce toward $74K-$78K if Bitcoin revisits its support level. Bitcoin’s recent market dynamics reflect a resilient asset undergoing a healthy correction after a rally. Bitcoin initially surpassed $65,000, challenging bearish outlooks with this new high, marking a pivotal moment since its last all-time high. Although Bitcoin currently trades around $67,694 —down approximately 8.8% from last Tuesday’s peak—analysts affirm this pullback is reasonable, especially considering its recent upward surge. #Bitcoin – What’s Next? The big Sunday Report: all you need to know. 🚩 **TA/LCA/Psychological Breakdown**: One month ago, for the first time since Bitcoin's all-time high (ATH), it successfully printed a new higher high, pumping past the previous high of $65k. This challenges… pic.twitter.com/QSK583Folm — Doctor Profit 🇨🇭 (@DrProfitCrypto) November 3, 2024 Election-Driven Volatility and Market Outlook Significantly, the correction coincides with election-related anticipation, adding an extra layer of volatility. If Kamala Harris wins, the market may experience short-term declines . However, analysts see mid- to long-term potential for bullish growth, regardless of the election outcome. Both Harris and Trump are seen as long-term positives for Bitcoin, as Federal Reserve policies on monetary printing are expected to persist regardless. Besides, historical patterns suggest election results often bring temporary shifts without altering the trend. OTC Shortages and Exchange Demand Notably, there are increasing reports of over-the-counter (OTC) Bitcoin shortages, intensifying the pressure on buyers to turn to exchanges. OTC desk supply appears critically low, with sources suggesting a drop to around 110,000-130,000 BTC from an estimated 400,000 BTC balance. Read CRYPTONEWSLAND on google news This supply squeeze has encouraged prominent buyers, such as BlackRock, to purchase directly through exchanges like Coinbase. Consequently, analysts anticipate this dwindling OTC supply will catalyze more visible price surges as large-scale buyers shift to exchanges. Trade Ideas: Key Levels and Future Movements Investors are eyeing the $65,000 level as a key support zone. Many have set long orders around this mark, anticipating possible short-term dips. Should Bitcoin revisit this area, it could trigger a wave of buying, potentially pushing prices toward a projected range of $74,000-$78,000. With a bullish overall trend, Bitcoin seems poised for gains, with analysts suggesting a V-shaped recovery may soon emerge. disclaimer read more Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
A closely followed crypto strategist and trader believes that a huge burst to the upside is coming for Bitcoin ( BTC ). Pseudonymous analyst Credible tells his 433,330 followers on the social media platform X that Bitcoin is gearing up for a rally toward its all-time high at around $74,000. But the crypto analyst warns that the rally will likely be a fakeout, designed to trap exuberant BTC bulls. “Lower timeframes looking very constructive here – BTC looks to be forming a bottom here for that push to ATH (all-time high). The yellow line on my chart that we tapped to mark our pico bottom is a very important retest level – if you want to know where it came from zoom out to the monthly timeframe and it should be clear. Now let’s get that move to ATH and trap some late bulls…” Source: Credible/X Credible highlights his high time frame outlook on BTC, believing that Bitcoin will witness one final flush-out before the real rally to $100,000 begins . “Taking the higher time frame context into mind, my [belief is] that we may just be going for a sweep of the highs before a larger correction remains… Bull market most definitely not canceled, largest most aggressive wave to the upside ($100,000+) still to come once this consolidation/correction is complete.” As for the timing of BTC’s surge to new all-time highs, the analyst thinks the Bitcoin bull market will commence next year. “No way we get it before the end of the year at this stage – this consolidation has lasted a lot longer than expected.” At time of writing, Bitcoin is trading for $69,080. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Generated Image: DALLE3
Blockchain analytics platform Nansen and yield infrastructure protocol MetaStreet have a new spin on decentralized physical infrastructure networks (DePIN) to share with tech-savvy investors. They have released a report calling attention to node financing (NodeFi) and graphics processing unit financing (GPUfi) as areas that may offer new opportunities as artificial intelligence drives demand for computer capacity. DeFi expands DePIN’s prospects GPUfi provides yield from GPU rentals, and nodes can provide regular token distributions. Combining the two could give an investor an edge over investors who confine themselves to traditional finance. The authors suggested that NodeFi and GPUfi together could bring 30% to 200% yields through productive yield (sale of computing capacity and GPU rental), token emissions and decentralized finance (DeFi) trading. They said: “By offering efficient and decentralized financing solutions, DePIN can tap into the unmet demand for high-performance GPUs, transforming a supply bottleneck into a lucrative investment opportunity.” Tokenizing nodes and GPUs offer benefits unavailable in traditional finance models, such as lending, yield speculation and self-repaying loans. There is limited onchain liquidity and financing at present, although some projects are already leading the way in this area. Aethir’s DePIN GPU-as-a-service has attained good results , the authors noted. They also mentioned Elon Musk’s xAI, GAIB and Impossible Finance . Related: Hut 8 launches GPU-as-a-service program for AI developers As long as you do it right There are multiple steps to set up NodeFi and GPUfi that range from easy to ill-suited for onchain implementation. “Efficient execution is critical to success,” the report noted. Nor is that the end of the potential pitfalls: “The complexity of setup, accurate valuation and accounting, and navigating legal frameworks make this type of investment far more intricate than more straightforward instruments, such as treasury bills.” Earlier in October, Nansen and MetaStreet released a thematically related report, “Object-Oriented Finance,” on the emergence of NodeFi. Source: MetaStreet While Nansen and MetaStreet concentrated on opportunities stemming from the boom in AI, DePIN has been harnessed to provide services in many sectors, such as telecommunications , internet and banking . Magazine: 10 crypto theories that missed as badly as ‘Peter Todd is Satoshi’
Bitcoin price falls to $69,000 price range after almost reclaiming its previous ATH price. Altcoins continue to remain bullish despite BTCs recent dip. WIF memecoin shows a strong bullish breakout indicator. Bitcoin recently dropped from its sideways movement around $73,000 to a higher low of $69,000 as it makes another attempt to reach its previous ATH of $73,700. While some traders express frustration over the dip, seasoned traders see Bitcoin’s pattern of higher lows and highs as a sign of strength, suggesting it’s edging closer to past records. Despite this pullback, analysts widely anticipate a significant breakout for Bitcoin in the months ahead, with many expecting BTC to reach new highs in Q4. Forecasts place Bitcoin’s potential high in this quarter between $100,000 and $150,000 . The optimistic outlook also extends to altcoins, with some analysts projecting a bull cycle peak for BTC between $220,000 and $550,000. Altseason at the Doorstep? #Altseason will start in November to March 2025. Get prepared — Mikybull 🐂Crypto (@MikybullCrypto) October 30, 2024 While expectations for new BTC ATHs continue to grow, so do the expectations for new ATHs for altcoins. As we can see from the post above, altseason is expected to begin in November and should continue to pump till March 2025. In detail, BTC is expected to set new ATHs in Q4 of 2024 which should lead to a bullish altseason in 2025. WIF Prepares for Major Bullish Breakout Supporting this bullish altseason expectation are the price charts of many popular altcoins like SHIB, ADA, DOGE, and XRP. These assets in particular are printing many bullish signs on this charts while other altcoins have already begun to pump like FET, JUP, and SUI. Another altcoin showing bullish indicators is dogwifhat (WIF) . Read CRYPTONEWSLAND on google news https://x.com/ali_charts/status/1851894232539423163 As depicted in the chart above, this analyst believes the price of WIF will pump soon. To specify, WIF price is facing a bullish breakout pattern that will lead to a bullish $3 high. Once this price is reclaimed, WIF could go on to set greater ATHs if it continues to hold support. disclaimer read more Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
With investor demand for BTC exposure soaring, Bitcoin ETFs had record inflows in late 2024, hitting almost $1 billion in Q4. IBIT, BTC, and BRRR funds led Q4 Bitcoin ETF inflows, showing strong investor confidence and sustained market interest. Despite minor outflows from smaller funds, Q4 closed with robust net growth in Bitcoin ETFs, indicating bullish market sentiment. Bitcoin ETFs in the U.S. have seen record net flows in the final months of 2024, reflecting high demand from investors. During Q3 and Q4, net flows , represented by the black line, consistently demonstrated fluctuating investment movements across various funds, including prominent ones like IBIT, BTC, and BRRR. This trend illustrates both rising investor interest and shifting market sentiment in the Bitcoin ETF. $BTC ETFs Net flows = +$896.3m New ATH inflow day for $IBIT Larry's size is not your size pic.twitter.com/ktCxQyF69S — #333kByJuly2025 (@CarpeNoctom) October 31, 2024 Significant Flow Variations in Q3 In early Q3, Bitcoin ETF flows were moderate, with inflows and outflows mostly balanced. Net flows hovered near zero, indicating a tentative start. By mid-Q3, activity intensified. BTC, HODL, and BRRR drove the majority of positive flows, while other funds, like EZBC and GBTC, saw intermittent declines. However, as the quarter advanced, there was a notable spike, with inflows reaching close to $500 million, largely attributed to IBIT and BTC. Despite occasional outflows that pushed net flows below zero, this spike set the tone for a trend of increased investment in Bitcoin ETFs. Q4 Sees Record Inflows In Q4, Bitcoin ETF inflows soared, reaching nearly $1 billion at multiple points, particularly in IBIT and BTC funds. This period marked a significant shift, as net flows stayed predominantly positive, driven by strong inflows in IBIT and BRRR. As the quarter progressed, outflows decreased, contributing to steady net growth across most ETFs. IBIT led the way with strong inflows, maintaining its dominance as demand surged. Read CRYPTONEWSLAND on google news Besides IBIT, funds like BTC and BRRR also captured considerable inflows, underscoring broader investor interest in Bitcoin ETFs . Consequently, by the end of Q4, net flows peaked, showcasing a clear demand for Bitcoin exposure. Positive Market Outlook in Late 2024 The trend in Q4 suggests a bullish sentiment among investors, as substantial inflows continued toward year-end. Besides the top-performing ETFs, smaller funds like EZBC and ARKB recorded minor outflows, but this did not hinder overall positive momentum. Significantly, the consistent inflows reflect increased confidence in Bitcoin ETFs as a reliable investment. disclaimer read more Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
From cointelegraph by Cointelegraph Today in crypto, Donald Trump made a last-ditch effort to appeal to crypto voters, Bitcoin’s foundational document, the white paper written by its creator, Satoshi Nakamoto, turned 16, and BlackRock’s spot Bitcoin exchange-traded fund (ETF) recorded its largest day of inflows since it launched. Trump wishes “Happy 16th anniversary” to Satoshi's white paper With less than a week until the US presidential election, Republican candidate Donald Trump took to social media to commemorate the 16th anniversary of Satoshi Nakamoto’s Bitcoin white paper. In a social media post on Truth Social, the former president wished a “Happy 16th Anniversary” to the Bitcoin white paper and reminded pro-crypto voters that he has pledged to work in their favor. This includes ending “Kamala’s war on crypto” and ensuring that “Bitcoin will be made in the USA,” he said. Source: Truth Social With the presidential election looming, most polls show Vice President Kamala Harris and Trump competing in tight races in key battleground states. Early voting will end on Nov. 1 in several states, including the battlegrounds of Georgia, Arizona, and Nevada. In addition to his pro-crypto campaign, Trump has promised to release Silk Road founder Ross Ulbricht from prison if he’s elected president. “If you vote for me, on day one I will commute the sentence of Ross Ulbricht,” Trump said in May. Silk Road was shut down by the FBI in 2013, with Ulbricht convicted two years later on various charges. He was sentenced to two life sentences, plus 40 years and no potential for parole. Bitcoin at 16: From experiment to trillion-dollar asset On Oct. 31, 2008, Nakamoto shared the “Bitcoin: A Peer-to-Peer Electronic Cash System” white paper with a cryptography mailing list , proposing a decentralized, peer-to-peer network capable of preventing double-spending through proof-of-work consensus. Bitcoin white paper. Source: Bitcoin.org Just three months later, Nakamoto mined Bitcoin’s first block, known as the genesis block, rewarding 50 Bitcoin BTC$69,298 , and launched what is now the world’s largest cryptocurrency network. Sixteen years later, Bitcoin has reached a market value of over $1.42 trillion, making it the 10th largest asset globally, according to CompaniesMarketCap. Bitcoin’s growth has been boosted by investor confidence and institutional adoption for its role as a store of value, according to Mithil Thakore, co-founder and CEO of Velar. Velar told Cointelegraph: “Bitcoin has evolved from a niche digital experiment to a global asset class that rivals traditional stores of value like gold. But unlike gold, which has taken thousands of years to establish itself, Bitcoin managed to capture institutional attention, spark regulatory debates, and drive a global decentralized finance movement — all in just 16 years.” Bitcoin’s maturity, according to Thakore, is evident through rising long-term holdings by institutions, deeper integration with traditional financial markets and growing adoption as an inflation hedge. BlackRock Bitcoin ETF scores huge $875 million inflow amid crypto rally BlackRock’s spot Bitcoin exchange-traded fund (ETF) has recorded its biggest day of inflows since its launch in January as crypto markets surged. On Oct. 30, BlackRock’s spot Bitcoin ETF (IBIT) recorded inflows of $875 million, according to CoinGlass data . This marks the highest inflow day for IBIT since its launch on Jan. 11 . Source: Spot On Chain The figure has surpassed IBIT’s previous high of $849 million set on March 12, as per Farside data . It also marks the thirteenth consecutive inflow day for IBIT, totaling approximately $4.08 billion in inflows during the period. Traders are speculating that a billion-dollar inflow day could be imminent. “I said billion dollar inflows, it was NOT a joke,” crypto trader Trading Axe told their 70,300 X followers. Meanwhile, crypto trader Cozy The Caller opined to their 164,100 followers that it is going to be “above 1B the day we break ATH for sure.”
Delivery scenarios