A prominent cryptocurrency analyst who accurately predicted the collapse of Bitcoin in May 2021 is now making a bold call on the meme-inspired cryptocurrency Dogecoin, pointing to a potential substantial price increase as it breaks through a key resistance level.
Ethereum blob fees briefly surged to a price of $4.52 spurred by a frenzy of Scroll airdrop claims.
As the Dogecoin price and Shiba Inu price compete for supremacy, a new contender, ETFSwap (ETFS), is capturing attention with an astonishing forecast of a $9,230% increase over the next 30 days, positioning itself as a potential game-changer in the crypto market. Dogecoin Gs.
At press time, Dogecoin was found to have gained significantly as it jumped to $0.141556 following a 1.77% growth that occurred within the last 24 hours. In a week, the meme coin has gone pretty high at a 30% increase which propelled its 24-hour trading volume to $1.9 billion with an upsurge of 35%.
7,728 ETH ($20M) added to circulation in past week. Network activity drops 3%, with 43% decrease in fees.
The Ethereum price has just broken out of a key symmetrical triangle pattern, signaling a potential surge to new levels above $3,000. The recent breakout is seen as a bullish indicator for the top altcoin by analysts who have closely watched the Ethereum price action for the past few months.
A closely followed crypto strategist and trader thinks Ethereum (ETH) is gearing up to ignite big breakout rallies. Pseudonymous analyst Inmortal shares a chart with his 217,500 followers on the social media platform X suggesting that Ethereum will see one final dip before sparking a 75% surge to his target of $4,100.
ETH is expected to decline further in the short term, according to current market indicators.
Ethereum layer-2 network Scroll just launched its token—but like the recent Hamster Kombat airdrop, some recipients aren't happy.
Ethereum (ETH) has recently garnered attention for a notable trend among its investors. As of mid-October 2024, data reveals that long-term accumulation addresses now hold over 19 million ETH, a significant increase that highlights growing investor confidence in Ethereum's future.
Traders might be closing their existing positions to minimize losses from liquidations.
Crypto analyst Trader Tardigrade has drawn the crypto community's attention to a historical pattern in which the Dogecoin price has replicated this cycle. The analyst indicated this is bullish for the foremost meme coin as he revealed what will likely happen next.
It appears that the popular Solana-based meme coin Popcat (POCAT) is outperforming major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). On October 23, 2024, when major cryptocurrencies struggled to gain momentum, POPCAT topped the crypto market with an impressive price surge of over 12%.
A widely followed crypto analyst is issuing a warning that Ethereum (ETH) may collapse in value in sync with Fed rate cuts.
Cryptocurrency markets are trading sideways on Tuesday: Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,436.75 -0.03% Ethereum (CRYPTO: ETH) $2,626.50 -1.7% Solana (CRYPTO: SOL) $168.23 +1.3% Dogecoin (CRYPTO: DOGE) $0.1395 -2.3% Shiba Inu (CRYPTO: SHIB) $0.00001823 -1.3% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 78.9% and daily active addresses dropped by 4.6%. Transactions greater than $100,000 are up from 5,769 to 8,957 in a single day.
Dogecoin (DOGE) sparks excitement within the cryptocurrency market, even attracting solid bets from retail traders amid surged profitability. Coinglass data confirms optimism among traders, with the positive Long/Short ratio suggesting bullish bets. That underscores confidence in Dogecoin's future price actions. Also, Dogecoin's performance has grabbed the attention of large-scale investors.
WallitIQ (WLTQ) and Pepe (PEPE) to lead crypto bull run with 90,000% gains as Dogecoin price is set to rally.
As the meme coin landscape evolves into a narrative of its own this cycle, coined the “meme coin supercycle,” crypto analyst Murad Mahmudov notes a shift in perception poised to reshape the cryptocurrency landscape – meme coin cults.
Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama.
Shiba Inu's unusual support for its competitors sparks thoughts: what if its time is running out?
Due to heightened transactions, Dogecoin's on-chain data continues to be strong, with whales igniting the fire.
Some coins keep setting new local peaks, while others have come back to the red zone by now, according to CoinStats.
Crypto whale moves a significant 155 million DOGE tokens, worth $21.65 million, from Robinhood to an unknown wallet.
Shiba Inu whale transactions have skyrocketed by a whopping 240%, as large-scale investors have been seen moving trillions of SHIB tokens this week. Considering the significant increase in SHIB whale movements, the price of Shiba Inu could continue its previously halted uptrend to $0.00002.
Ethereum co-founder Vitalik Buterin has outlined several solutions to combat increasing centralization risks in the Ethereum network's proof-of-stake mechanism, particularly focusing on block production and staking economics.
Today, on October 22nd, 2024, the crypto market saw a small drop, amid geopolitical tensions and electoral uncertainties in the United States. Meanwhile, the total value of all cryptocurrencies fell by 2.2%, down to $2.34 trillion.
Indian regulators are considering banning private cryptocurrencies like Bitcoin and prefer the potential of central bank digital currencies (CBDCs) to offer safer and more inclusive financial systems, according to local media reports. The government has consulted key institutions on the issue, and many favor prohibiting private cryptos.
Ethereum (ETH) trades above $2,600 after a 5% retrace from local highs around $2,750. Over the past two weeks, ETH has maintained a bullish trajectory, sparking optimism across the market as investors look for further signs of strength in the price action.
Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?
Most of the coins are facing a correction today, according to CoinMarketCap.
The broader digital currency ecosystem slipped, with Bitcoin (BTC) leading the losses and altcoins followed suit. However, the price reversals have pushed many digital currencies in search of a price floor that can fuel their imminent rebound.
Ethereum (ETH) rose to a high of $2,758 before being pushed back. This is the fifth time Ether has tested the $2,800 resistance level.
An amazing development has occurred for Shiba Inu (SHIB) amid the recent price dip. The broader crypto market witnessed a price correction, with Bitcoin (BTC) slightly dropping below its crucial levels.
For the past few weeks, Ethereum seems to be in full swing, capturing the attention of investors and analysts. A combination of technical and fundamental factors appears to be laying the groundwork for a spectacular rise.
With profitability reaching a bullish 80%, it is safe to say that Dogecoin has made a substantial comeback. The majority of Dogecoin holders are now in the money, according to this notable increase for both traders and long-term holders.
Ethereum (ETH) and Solana (SOL). With both cryptocurrencies gaining momentum, investors are eager to know which one might be the better choice for the upcoming Alt Season.
Shiba Inu price has seen a significant increase since its inception, and investors are speculating about the probability of the meme coin surging to $1. SHIB already has a massive market cap of $10 billion, and at an all-time high, it hit around $60 billion.
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) marked another day of gains, pulling in $294.29 million in positive inflows. In contrast, ether ETFs saw a different story, losing $20.8 million across nine funds during the trading day. As Bitcoin ETFs Surge Again, Ether Funds See $20.8M in Outflows According to sosovalue.
A trader who nailed the May 2021 Bitcoin (BTC) collapse is suddenly turning bullish on Dogecoin (DOGE). Pseudonymous analyst Dave the Wave tells 146,500 followers on the social media platform X that DOGE may be forming a bullish ascending triangle on the daily timeframe.
What are Buterin's plans regarding Ethereum's infrastructure?
TL;DR Bitcoin has outperformed Ethereum this week, driven by a 14% increase following the Fed's rate cut. Institutional interest in BTC remains higher, with futures at record highs, while ETH faces slower adoption. Demand for ETH has declined, surpassed by altcoins and Layer 2 solutions that have shown better performance.
Recent price action has led many in the crypto space to predict a meme coin super cycle, in which giants of the niche including Dogecoin and Pepe will rise to insane valuations.
With growing interest in central bank digital currencies globally, India may move to ban private cryptocurrencies, positioning its digital rupee as the future of its financial ecosystem.
SHIB has fallen by 3.5% today, with the meme token's fall to $0.00001803 coming as the cryptocurrency market also sheds 3.5% in 24 hours.
Shiba Inu might net an extra +70% recovery gains if its reclaims $0.00003260. But short-term uncertainty remains.
Rising as one of the best-performing meme coins, Shiba Inu (SHIB) keeps making headlines in the crypto scene. The meme coin has jumped by over 30% during the past month, drawing both retail and analytical interest.
Amid increased price volatility, Bitcoin price has experienced a strong pullback over the past 24 hours. Following this, the Ethereum price has experienced a similar price action by facing rejection around its important resistance level of $2,800.