Prita Ghozie

DEX Altcoin Set for a Surge, Says Analyst

Crypto analyst Kaleo believes PancakeSwap (CAKE) is poised for a breakout. He sees the decentralized exchange (DEX) altcoin as undervalued against Bitcoin (BTC) and the US dollar. Pattern Recognition Kaleo notes a repeating pattern in CAKE’s price action since November 2023. Each upward leg has been preceded by a sharp downward wick. He believes this…

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Bitcoin’s Price Journey After Halvings

Historical Halving Trends Bitcoin has undergone three halvings since its inception in 2009. In each case, the cryptocurrency’s price has reacted differently. 2016 Halving: BTC price dropped 30% after the halving, reaching $460. 2020 Halving: BTC price dropped 15% after the halving. Possible Price Movements Based on these historical trends, it’s possible that BTC’s price…

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Bitcoin’s Token Standards: A Growing Problem

While everyone’s talking about the Bitcoin halving and ETFs, there’s a serious issue brewing that could slow down Bitcoin’s growth: the explosion of token standards. Fragmented Token Standards A recent analysis pointed out the increasing number of different standards for issuing tokens on Bitcoin. BRC-20, Inscriptions, and the upcoming Runes are all competing for dominance….

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Worldcoin’s Layer-2 Blockchain: World Chain

Worldcoin, a company focused on human authentication, has announced the upcoming launch of World Chain, an open-source Ethereum layer-2 blockchain. This new blockchain aims to enhance the Worldcoin protocol by providing a dedicated infrastructure for its users. Identity Verification with Worldcoin Worldcoin uses iris scanning technology to create encrypted numerical codes that represent unique human…

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Shiba Inu’s Journey to $0.00028

Current Market Conditions Shiba Inu is facing challenges in the market, as Bitcoin’s price movements remain muted. This has led to a downturn in the crypto market, keeping prices low. Long-Term Outlook Despite the current dip, analysts remain bullish on Shiba Inu’s long-term prospects. Macro Third Wave Crypto analyst Crypto Cipher believes Shiba Inu is…

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Liquid Mercury and GFO-X Team Up for Crypto Derivatives Trading

Liquid Mercury’s RFQ Platform Powers GFO-X Exchange Liquid Mercury, a leading crypto trading technology provider, has joined forces with GFO-X, the UK’s first regulated and centrally cleared exchange for digital asset derivatives. This partnership provides institutional traders with access to deep liquidity for trading options and futures contracts in large sizes. The RFQ (request for…

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Bitcoin Predicted to Hit $100,000 This Year Amid Debt Concerns

Investor Nic Carter believes Bitcoin (BTC) will reach $100,000 in 2024, despite the recent market downturn. Reasons for Optimism Carter cites several factors contributing to his bullish outlook: Institutional adoption: The approval of Bitcoin ETFs has given the cryptocurrency legitimacy and attracted institutional investors. Technological advancements: Layer-2 projects are improving Bitcoin’s scalability and functionality. Economic…

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