Search Results for: NEAR Foundation

Investors in major tokens like Solana, Cardano, and Polygon witnessed price stabilization and recovery after facing significant losses during the weekend’s sudden sell-off. The tokens’ development foundations issued statements countering allegations from the US SEC, boosting investor confidence and contributing to the price recuperation.

The recent 41.7% plunge in Cardano’s ADA price has raised concerns about its future. However, a long-tail rejection candle at $0.24 support level indicates intense buying activity and oversold RSI slope signals possible discounts. Although recovery seems plausible, the market’s direction remains uncertain, urging thorough research before investing.

Crypto markets dipped in June, with Bitcoin experiencing a 0.5% decrease. However, Ether and Litecoin demonstrated growth, highlighting market diversity. Experts suggest we’re in a “builder’s market,” setting foundations for the next bull cycle. Investors should stay informed on global events shaping the industry.

Bitcoin’s recent significant upwards momentum, marked by four consecutive green candles and a double bottom pattern, could soon test the $27,500 level. As it bounces off the $26,000 psychological support level, the cryptocurrency’s price could potentially break the immediate resistance to continue the bullish upswing, with technical indicators pointing to possible bullish price action.

BONGOCAT, a new cat meme coin, has experienced a staggering 1,500% increase, but concerns about its lack of utility and pump and dump schemes remain. AiDoge, an AI-powered meme-generating platform, combines meme virality with practical utility and offers investors a stable investment opportunity.

Bitcoin dips below $26,500 support amid debt ceiling stalemate, inflation, and crypto regulatory concerns. Ether and major cryptos also decline, while experts highlight shifting market risks and the convergence of crypto and traditional finance regulations.

Bitcoin 2023 conference in Miami Beach sees a drop in attendance compared to previous years, with only 15,000 attendees expected. Factors such as recent decline in digital asset prices, high inflation, and less disposable income may have contributed to the decrease in interest.

No Meme Token ($NOMEME) experienced a staggering 700% increase on Uniswap shortly after launch, largely due to a tweet from Elon Musk involving Milady Maker NFTs. Rapid market cap and trading volume growth set a solid foundation, but investors must remain cautious in a volatile market.

Ether recently surpassed $2,000 but retreated back to its familiar range between $1,820 and $1,950. Despite the memecoin frenzy increasing Ethereum network demand, investors’ confidence remained low. Weak derivatives indicators may become more bearish if the sideways movement breaks to the downside.

Ether experiences a slight increase to $1,870, attributed to the US Consumer Price Index inflation data. However, Ethereum faces scalability issues due to rising transaction fees amid high demand for meme coin transfers. The Ethereum Foundation plans to implement upgrades like “danksharding” to address these challenges, while longer-term technicals for ETH remain promising.

The global crypto market cap decreased by 2.60%, with over $182 million worth of crypto assets liquidated in 24 hours. Ethereum creator Vitalik Buterin selling 15,000 ETH is cited as the potential trigger for the crypto market selloff. Investors must conduct thorough market research and consider long-term prospects before making investment decisions in cryptocurrencies.

Ethereum seeks retest of $2,000 level while Ripple faces key support at 43 cents. Cardano forms bearish pattern with key support at 38 cents. Meme coin Pepe surges, but caution advised. Tron’s price increases by 6.3% as momentum indicators turn positive. Market conditions remain fluid; thorough research and caution essential for investments.

SUI has experienced a 70% price drop since its market debut, but maintains a 1,200% gain. Traders perceive Sui, a new layer-one blockchain project, as scalable, handling 300k transactions per second. Concerns exist surrounding SUI’s supply schedule, with potential to influence price fluctuations.