Crypto analyst CrediBULL Crypto has laid out a bullish narrative for Ethereum (ETH) and XRP. He claimed that both tokens could rise to as high as $20,000 and $20, respectively. Additionally, he stipulated when this parabolic price surge is likely to happen. Ethereum Could Hit A Market Top Near $20,000 CrediBULL Crypto mentioned in an X (formerly Twitter) post that there is a chance that Ethereum could hit a market peak near $20,000. He further explained that ETH could attain this price level based on his belief that BTC can “realistically” see a 2x in this market cycle from its…
Author: Web3 Daily Press Staff
The Bitcoin halving, one of the key events of 2024, is expected to happen in just 12 days from now. According to blockchain analytics firm IntoTheBlock, there are two main trends that traders and investors should pay attention to ahead of this much-anticipated event. Post-halving price rallies As noted by IntoTheBlock, the Bitcoin price has consistently increased after each halving event. This was the case due to the reduced rate of new coins that were introduced into circulation by miners. Bitwise CEO Hunter Horsley is convinced that the largest cryptocurrency could be on the cusp of having its most impactful block reward reduction to date. This…
Amid the ongoing downturn in the crypto market, analysts are bullish about KangaMoon, Litecoin, and Sui. Recently, Litecoin has witnessed a steady retesting process, hinting at a potential shift in its long-term trajectory. Sui (SUI), on the other hand, has seen gains in value over the last few weeks. Meanwhile, KangaMoon (KANG) is a rising star in the altcoin space, boasting remarkable presale performance.Litecoin {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Litecoin (LTC) has witnessed a strong performance over the last month. Its value has steadily increased by $17 to trade at $107. Most Litecoin price predictions suggest the market is bullish about…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the bull season prepares to return, top meme coins Pepecoin (PEPE), Shiba Inu (SHIB), and Shiba Budz (BUDZ) are attracting investor interest once again. As the crypto market thaws from its winter cool, anticipation grows among investors and enthusiasts alike for the potential spring rally of meme coins. Among the hopefuls poised for significant movements are Pepecoin, Shiba Inu, and Shiba Budz, each bringing unique strategies and market conditions to the forefront. This article delves into the preparations…
VeChain is currently trading at the $0.04 mark and is mostly moving sideways this month. During the cryptocurrency market bull rally in February, VET spiked nearly 70% in the charts delivering massive profits to investors. The supply chain-based cryptocurrency is now retracing in price and shedding most of its gains in April. Also Read: Gold Prices Forecasted to Reach $7,000: Here’s When Now that VET is on the downside, can it pick up speed and rally in the charts? In this article, we will highlight a price prediction on how high VeChain can trade in the indices in April 2024.…
In a bid to extend its reach into DeFi and Institutional investors, Ripple is set to launch a stablecoin pegged to the USD. The leading blockchain firm made the disclosure on Thursday via a post on its official page on X (formerly Twitter). In the post, Ripple revealed that the stablecoin will be based on its native XRP Ledger and the Ethereum network. 1/ The stablecoin market is booming – around $150B today, and projected to soar past $2.8T by 2028. There’s a clear demand for trust, stability, and utility. That’s why later this year we’re launching a stablecoin pegged…
Guest Author Kelexo (KLXO) many-phase asset release campaign gains new supporters in April Read U.TODAY on Google News The Easter Crypto market has seen experienced cryptocurrency investors turn to new projects and coins in their hunt for profitable investments. Polkadot (DOT) and Cardano (ADA) investors are among many crypto investors looking to capitalise on the emergence of these new, promising ventures to rake in huge rewards. Kelexo (KLXO) has received massive attention from many investors, including those in the cryptocurrency space. The web3 platform employs Blockchain technology to resolve problems typically associated with traditional lending platforms.Enthusiasts of Kelexo (KLXO) can take…
A Decision to Streamline Product Offerings Bitcoin Ordinals, a protocol allowing for unique identification and data embedding for individual satoshis on the Bitcoin blockchain, gained traction in late 2022. In May 2023, Binance introduced Bitcoin NFT support, to expand its ecosystem to the Bitcoin network. Despite initial popularity and endorsements from figures like Cristiano Ronaldo, the marketplace has faced challenges in gaining widespread adoption. This led to Binance discontinuing its support for Bitcoin Ordinals and streamline its product offerings within the marketplace. According to Binance, this decision aims to enhance user experience and drive long-term growth by focusing on a…
Could BlockDAG be the sleeper hit poised to shake up the crypto market? With its presale soaring past $12 million fueled by a jaw-dropping 20,000x ROI potential, BlockDAG (BDAG) shines as a beacon of promise. As IOTA 2.0 makes waves and Quant experiences an uptrend, BlockDAG garners attention for its innovative approach. Investors are drawn to its scalability and efficiency, envisioning a future where BlockDAG disrupts the status quo. With speculation rife about its explosive potential, could BlockDAG be the next big player in the ever-evolving world of cryptocurrencies? Let’s find out.The Evolution Of IOTA 2.0The IOTA Foundation is revolutionising…
Offering investors the potential for up to 15X returns, FURR is captivating attention and stirring excitement in the cryptocurrency community. As Dogecoin and Shiba Inu experience a slight decline, Furrever Token’s promise of substantial returns draws interest from investors seeking the next big opportunity in the meme coin landscape.Dogecoin Whales Accumulate 200 Million DOGE Amid Downtrend: What Lies Ahead?In a twist of events on April 4, Dogecoin (DOGE) witnessed a significant development as whales accumulated nearly 200 million DOGE, sending ripples of excitement throughout the crypto sphere. Despite a 1.5% decline in its price since yesterday, this move by whales…