Posts

Showing posts from September, 2024

Economist Alex Krüger Says Solana (SOL) Flipping Ethereum (ETH) ‘Very Feasible’ – Here’s Why

Image
Closely followed economist and trader Alex Krüger says that Solana (SOL) exceeding the market cap of Ethereum (ETH) isn’t as farfetched as many investors believe. In a new discussion on the Unchained podcast, Krüger addresses Multicoin Capital managing partner Kyle Samani’s perspective that Solana will eventually flip Ethereum. Krüger says that he’s long-term bullish on SOL/ETH and that Solana has all its ducks in a row if it wants to flip Ethereum. “I think it’s very feasible in the long run. I’m not betting on that trade, but I think it’s very feasible. The way I see it is SOL is the only chain outside of ETH that has reached escape velocity. They have nothing to prove, they have everything they need to make it happen. The volume is there, the innovation is there…  I’m looking at charts and looking at the euphoria and the breakpoint euphoria I just happened to put up this SOL/ETH chart. If you change the win...

Moo Deng Price Prediction: MOODENG Tops Weekly Meme Coin Gainers With 335% Pump As Pepe Unchained Blasts Past $16M In Presale

Image
The Moo Deng price soared 335%% in the past week even after it plunged 9% in the last 24 hours to trade at $0.2512 as of 11:15 p.m. EST on trading volume that plunged 14% to $145 million. The weekly surge made MOODENG, based on a Thai pygmy hippo that went viral online, the top gainer among the biggest meme coins by market capitalization ahead of KARRAT with a 120% leap, according to CoinMarketCap. Moo Deng Price Prediction: MOODENG Aims For A Bullish Trend Reversal The Moo Deng price soared through a markup phase to its all-time high (ATH) at $0.3387 on September 28 before consolidating between the $0.30 resistance and $0.22 support zone, trading within the sideways pattern. The bulls are now aiming for a breakout above the pattern, as the price of Moo Deng now trades above the 200-day Simple Moving Average (SMA). However, the 50-day SMA acts as the immediate resistance level at $0.28. The Relative Strength Index (RSI) is currently at 40, which is close to oversold terr...

Things Are About To Get ‘Silly’ With Memecoins Again, Says Top Crypto Analyst – Here Are His Leading Picks

Image
A widely followed crypto analyst known for making timely altcoin predictions is turning bullish on memecoins. Pseudonymous trader Bluntz tells his 276,300 followers on the social media platform X that multiple meme tokens are witnessing big breakouts, leading him to believe that memecoin season is here. One altcoin on his radar is the Solana (SOL)-based memecoin Bonk (BONK). “BONK is in my Noah’s ark portfolio, nice channel breakout today as well. Things are about to get silly with memecoins again, in my opinion.”  Source: Bluntz/X Looking at the trader’s chart, he seems to predict that BONK will surge to $0.000045. At time of writing, BONK is worth $0.000023, up over 7% on theday. Bluntz also predicts that memecoins will continue to witness massive rallies en route to outperforming most crypto assets. “Memecoin supercycle is real, the problem was most people’s timing was just way off. Choose your fighters, get into positi...

Is It Too Late To Buy WOLF? LandWolf Price Tops Meme Coin Gainers With 88% Pump And This Might Be The Next Crypto To Explode

Image
The LandWolf price pumped over 88% in the last 24 hours to trade at $0.003129 as of 7:11 a.m. EST. With the recent surge, the WOLF price also printed the biggest 24-hour gain in the meme coin market, according to CoinGecko. Moo Deng (MOODENG) posted the second biggest price increase after it pumped more than 59%. The LandWolf Price Challenging A Technical Barrier 4-hour chart for WOLF/USD (Source: GeckoTerminal ) The LandWolf price is trying to break above the $0.003093 resistance level. Clearing this threshold could open up an opportunity for the meme coin to climb to the next major mark at $0.003364 in the following 24 hours. On the other hand, WOLF not closing a 4-hour candle above $0.003093 within the next 12 hours might prevent a bullish move from happening. In this alternative scenario, the LandWolf price could fall to the immediate support level at $0.002675.  If this potential pullback is not seen as a buy opportunity by traders, then the LandWolf price could be at...

Collateralized vs. Uncollateralized Loans: Shaping the DeFi Market

Collateralized vs. Uncollateralized Loans: Shaping the DeFi Market! In the fast-evolving world of decentralized finance (DeFi), the role of collateralized and uncollateralized loans is becoming increasingly significant in shaping market dynamics. Both types of loans present unique opportunities and challenges for users, creating a complex landscape where capital efficiency, risk management, and market innovation intersect. Collateralized Loans: Security and Stability Collateralized loans, also known as secured loans, are fundamental to the DeFi ecosystem. These loans require borrowers to pledge an asset as collateral, ensuring that lenders are protected against default. In DeFi, assets such as Bitcoin (BTC), Ethereum (ETH), or stablecoins are commonly used as collateral. The borrowed amount is typically a fraction of the collateral value, minimizing risk for the lender while allowing the borrower to access liquidity without selling their assets. Advantages of Collateralized Loans: Lowe...

The many weird AI depictions of Michael Saylor

Image
MicroStrategy co-founder and high-profile Bitcoin cheerleader Michael Saylor has posted almost 500 AI-generated pro-Bitcoin images to X (formerly Twitter) since February 2023. Saylor’s love for the currency is no secret — his entire business model was seemingly based around buying up vast quantities — but there’s something else that he loves to include in the images plastered all over his social media feeds: Himself. Specifically, himself reimagined as a raft of alternative Saylors. In the roughly 473 AI-generated images posted to X, he’s recast himself, Barbie-style , as Dr. Saylor, Rock Climber Saylor, Bowling Saylor, Racecar Driver Saylor, Surfer Saylor, President Saylor, Fast Food Worker Saylor, and Professor Saylor. He’s even depicted himself as a levitating monk. The many different lives of Saylor. In his ‘President Saylor’ image, he even appears in the crowd, not once but three times. You can spot three other Saylors ...

Cardano Founder Calls Ethereum a “Dictatorship”

Image
Cardano (ADA) founder Charles Hoskinson has bashed Ethereum in a recent interview, labeling the network a “dictatorship.” Hoskinson bashed the network and its governance structure, saying that Ethereum founder Vitalik Buterin has too much say and power over the direction the network goes. The Cardano founder goes on to compare Ethereum to how his decentralized platform is run. He claims that Cardano avoids this pitfall through its Voltaire-era governance model. This upgrade places decision-making in the hands of the community, thus preventing the concentration of power in any one person’s hands. Cardano Founder Stirs Up Controversy: Bashes Buterin and Ethereum Source: Unsplash Further emphasizing the Buterin-dictator claims, Hoskinson says, “Everyone looks to him for the roadmap, for inspiration, and he’s the only person with enough influence to rally the community,” Hoskinson said, pointing out the reliance on Buterin. He also insinuated that Ethereum’s current momentum is solely beca...

New Cryptocurrency Releases, Listings, & Presales Today – Catizen, Synk, MORPHACOIN

Image
Recent developments in the crypto market have sparked renewed interest among investors. Vice President Kamala Harris recently addressed the potential of digital assets and expressed a desire to foster innovation while safeguarding consumers, suggesting that the market appears on the verge of transformation.  Her comments come amidst efforts to improve relationships with major crypto companies like Coinbase and Ripple following a period of regulatory scrutiny. As a result, the market is growing optimistic, particularly regarding new cryptocurrency releases, listings, and presales today . This activity surge presents opportunities for investors to explore digital assets. New Cryptocurrency Releases, Listings, and Presales Today Catizen is a gaming bot on Telegram that connects with the TON blockchain, aiming to simplify mobile payments in the Web3 space. The Mega Dice token is drawing attention ahead of its exchange debut in a few days. Moreover, Synk is a decentralized operating ...

What Would $100 in Bitcoin Be Worth Today If You Invested

Image
Bitcoin (BTC) has witnessed impeccable growth over the years. The asset, when it started, faced immense criticism. While several associated it with the dark web, a few others thought it was a scam. Despite this, BTC managed to soar, becoming a favorite among many. Currently, the asset has a market value of over $1 trillion. At press time, BTC was trading at $63,025.48 following a 137% spike within just one year. Also Read: BRICS to Unveil De-Dollarization Roadmap at 2024 Summit? Source Earlier this year, the king coin rose to an all-time high of $73,750.07. While the market is betting on Bitcoin hitting $100K, the asset has been at an all-time low of $0.04865 as well. Back in 2009, the asset had close to no value. An investment of a mere $100 during the early years of BTC could have turned into millions or billions at the moment. Also Read: This Cryptocurrency Trader Turned $35 To $1.2 Million: Here’s How Looking Back At Early Investments Into Bitcoin If an investor poured $100 into Bi...

Threadguy shouts one question at Trump, Polymarket calls it an interview

Polymarket has paid out on its ‘Will Threadguy interview Trump before October?’ bet after the crypto influencer shouted one question at the former president during a dinner party. The bet was created on August 27, the same day Threadguy spent $25,000 on Trump card NFTs in an effort to gain access to Trump’s gala dinner. However, the NFTs only offered a chance for a place at the dinner, a fact that became apparent to Threadguy during an X space. “ I’m gonna throw up ,” he later posted. so i just read the TOS think im gonna log off for a couple days pic.twitter.com/0awGhIX9fm — threadguy (@notthreadguy) August 27, 2024 His reaction to reading the Trump card NFT terms of service. Read more: Did a Polymarket trader rig election odds for a side bet? However, he evidently managed to secure a place and was filmed ambushing Trump and bellowing a single question. “Are there going to be any future Trump card drops?” Threadguy shouted. The former President replied “What?” Th...

Pro-Crypto Lawyer John Deaton Confirms Upcoming Debate With Elizabeth Warren, Says She’s Top Lobbyist For Big Banks

Image
Pro-crypto and Republican nominee for Senate John Deaton said Democratic Senator Elizabeth Warren is the “number one lobbyist for Big Banks” as they prepare to face off in their first official debate on October 15. Confirming the highly anticipated matchup in a Sept. 21 post on X, Deaton, the Republican nominee for the Massachusetts Senate seat, wasted no time dissing the Democratic candidate, telling his 338k followers to ” Never pay attention to what career politicians like @ewarren” say. 🧨 🔥 NOTICE: 🔥 🧨 ON OCTOBER 15, WE HAVE OUR FIRST DEBATE@SenWarren has effectively become America’s number one lobbyist for Big Banks. Never pay attention to what career politicians like @ewarren say – pay attention to what they do. For example, she decried how banking… https://t.co/G6NAmSBt70 pic.twitter.com/oUqMtTSoOs — John E Deaton (@JohnEDeaton1) September 21, 2024 Deaton said that while Warren has said all...

Asia's weekly TOP10 crypto news (Sep 16 to Sep 22)

Image
1. Indian Court Bars Police from Freezing Entire Bank Accounts in Crypto Fraud Investigations link The Madras High Court in India has ruled that police cannot freeze an entire bank account during a financial fraud investigation, but only the amount directly related to the fraud. This ruling came in response to a case where accounts were frozen as part of a cryptocurrency investigation. Justice G. Jayachandran emphasized that freezing an entire account can deprive individuals of their livelihood and financial stability. He noted that account holders are often unaware of the reason for the freeze, and by the time they find out, their routine financial and business transactions have already suffered significant harm. 2. The Mainland of China’s Crypto News This Week 2.1 Cryptocurrency Dispute Rejected by Court in Hunan Following Buyer’s Lawsuit link In this case, an individual named Zhou sought assistance from his friend Dai to purchase BZZ, a type of cryptocurrency, for investment purpose...