Leading crypto insights firm Santiment says four altcoins are showing signs of an imminent bounce after getting “hammered” in the market. According to Santiment, metaverse altcoins Decentraland (MANA) and The Sandbox (SAND) along with Chiliz (CHZ) and Ren (REN), are in “opportunity zones” after the crypto market experienced big losses. Santiment says the market-value-to-realized-value (MVRV) metric bodes well for the four crypto assets. The MVRV is the ratio of an… Source link
Read More »Layer 2 Labs Raises $3M to Bring Drivechains to Bitcoin Network – CoinDesk
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Read More »Big Eyes Coin Looks Set To Make A Big Bang In The Crypto Market With Its Features While Litecoin And Shiba Inu Crash In Value
The crypto market is booming, and many crypto experts are looking for new cryptocurrencies that can make massive future profits. Cryptocurrencies like Litecoin (LTC) and Shiba Inu (SHIB) have made good profits. But now, Big Eyes Coin (BIG) is among the newest cryptocurrency that aims to forge a community and challenge the norms of the meme sector. Big Eyes Coin (BIG): Next Big Meme Coin In The Market Big Eyes Coin (BIG) is a new cryptocurrency still in the presale stage and, with its… Source link
Read More »10 Predictions for the Future of Crypto in 2023 – CoinDesk
When I spoke with Alex Gladstein, chief strategy officer of Human Rights Foundation, he had just returned from a bitcoin conference in Ghana. “I was blown away,” says Gladstein. “I was staggered by the number of bitcoin entrepreneurs and leaders from so many different countries.” He met people from rural Cameroon, from Democratic Republic of the Congo, from Somalia, from conflict zones. “They’re all just building on bitcoin. It’s legitimately amazing,” he says, which is why… Source link
Read More »Here’s What’s Next for Bitcoin (BTC), Ethereum (ETH) and Curve (CRV), According to Crypto Analyst
The popular digital asset analyst known as Credible is analyzing the short-term outlook for Bitcoin (BTC), Ethereum (ETH) and one decentralized finance (DeFi) altcoin. The trader says in a new Loom video that he thinks Bitcoin will likely jump up to the $19,000 range “for some proper relief.” However, he also says the alternate scenario is that Bitcoin loses the “must-hold” level of $16,300-$16,400 and drops to lows around $16,000. Source: Credible/Loom BTC is trading at… Source link
Read More »Bitcoin Price and Ethereum Prediction; CB Consumer Confidence in Highlights
During the Asian session on December 21, Bitcoin price prediction remains bearish under $17,000, as investors await US consumer confidence data. Similarly, Ethereum traded bullish to $1,220, but the bulls appear to be exhausted, keeping ETH below the $1,222 resistance. The global crypto market cap gained 1.50 percent to $811.88 billion on the previous day, as major cryptocurrencies traded in the green early on December 21. The… Source link
Read More »What it’s actually like to use Bitcoin in El Salvador – Cointelegraph Magazine
I attempted to spend two weeks travelling in El Salvador living on Bitcoin. I tried to pay for every single thing with Bitcoin, or Satoshis, small amounts of Bitcoin. Spoiler alert, I failed. Outfoxed by car hire companies (fortunately my car of choice was not Fiat); stubborn restauranteurs, a parking meter, pupusas, and a fancy dress shop where I was obliged to purchase a multicoloured wig with a $5 bill, I could not survive in “Bitcoin Country” on Bitcoin… Source link
Read More »‘Forget a pivot’ — markets won’t see Fed rate cut boost in 2023, says analyst
Bitcoin (BTC) and other bulls will not benefit from a major change in United States inflation policy in 2023, one analyst says. In a Twitter thread on Dec. 20, Jim Bianco, head of institutional research firm Bianco Research, said that the Federal Reserve would not “pivot” on rate hikes next year. Bianco: Japan YCC move “matters for all markets” In light of the surprise yield curve control (YCC) tweak by the Bank of Japan (BoJ), analysts have become all the more bearish on the prospects for… Source link
Read More »3 reasons why BNB price risks another 30% decline by January
BNB (BNB), the native token of the Binance crypto exchange, is under threat of undergoing a significant price correction in the coming weeks, based on a mix of technical and fundamental indicators. BNB triangle breakdown continues From a technical perspective, BNB has entered the breakdown stage of its multi-month ascending triangle pattern, a trend continuation indicator. The breakdown could last until the price reaches the level that comes to be at the length equal to the triangle’s maximum… Source link
Read More »3 reasons why BNB price risks another 30% decline by January
BNB (BNB), the native token of the Binance crypto exchange, is under threat of undergoing a significant price correction in the coming weeks, based on a mix of technical and fundamental indicators. BNB triangle breakdown continues From a technical perspective, BNB has entered the breakdown stage of its multi-month ascending triangle pattern, a trend continuation indicator. The breakdown could last until the price reaches the level that comes to be at the length equal to the triangle’s maximum… Source link
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