Ethereum’s network has been buzzing with activity lately, with more people using it and more transactions happening every day. But despite this, the price of Ethereum (ETH) has been going down. Surge in Network Activity More activity on a network usually means more demand, which is good for the price. And Ethereum has seen a…
Crypto analyst Rekt Capital warns that Ethereum (ETH) could face a value collapse if it fails to hold a crucial level. Key Support Level According to Rekt Capital, ETH needs to maintain support around $3,342. If it fails to do so, it could drop further to $2,700. Historical Precedence The analyst points to historical data…
Crypto analyst Inmortal predicts that Floki (FLOKI), a rival to Shiba Inu (SHIB), will be a major player in the current bull market. Key Project Announcements Floki has announced several significant developments: Partnership with the World Table Tennis Championship, reaching an audience of 450 million viewers. Release of a project roadmap that includes a regulated…
A respected crypto analyst who correctly predicted the bottom of Bitcoin’s 2018 price crash believes that Dogecoin (DOGE) is poised for a major rally. Dogecoin (DOGE) According to the analyst, known as Bluntz, DOGE has completed a three-wave correction and is now ready to surge higher against both the US dollar and Bitcoin. Bluntz believes…
Cryptocurrency analyst Kevin Svenson predicts that Bitcoin (BTC) is on the verge of a wild ride. Volatility to Skyrocket According to Svenson, Bitcoin is about to enter the fourth stage of a parabolic curve pattern. This stage typically precedes a breakout to a higher level, known as the “sell point” or correction zone. “If we…
Despite Bitcoin’s recent price decline, analysts predict a possible rebound in spot Bitcoin ETF netflows. $56,000: A Critical Level Analyst Ki Young Ju believes that demand for Bitcoin ETFs typically increases when the cryptocurrency reaches certain support levels. Notably, new ETF buyers have an on-chain cost basis of $56,000. If Bitcoin approaches this price point,…
Promoting Transparency in Cryptocurrency Gary Gensler, Chair of the SEC, has called for greater transparency in the crypto industry. He believes that mandatory disclosure and registration requirements are essential for protecting investors. Evasion of Registration Requirements Gensler criticized crypto firms that avoid registering with the SEC, which allows them to evade mandatory disclosure. He compared…
Marcie Jastrow’s Response Marcie Jastrow, advisor for the Shiba Inu Metaverse project, has denied involvement in any scams. She says she left a company due to disputes over intellectual property, not fraud. Trophias’ Accusations Trophias, a former member of the SHIB Defense Breed, accused Jastrow of being a “professional scammer.” However, Jastrow did not address…
Dogecoin Could Hit $1 Crypto analyst DonAlt believes Dogecoin (DOGE) has the potential to soar to $1. This would be a significant increase from its current price, potentially surpassing its previous high of $0.7376. Entry Point and Bitcoin’s Influence DonAlt suggests $0.1 as a good entry point for investors looking to buy DOGE. He also…
Prison Sentence in Montenegro Do Kwon, co-founder of Terraform Labs, was arrested in Montenegro in March 2023 for using a fake passport. He was sentenced to four months in prison, which he has now served. Release and Restricted Movement Kwon is scheduled to be released on March 23, 2024. However, he will not be allowed…
