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Showing posts from October, 2024

JasmyCoin Price Prediction for Today, October 31 – JASMY Technical Analysis

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The JasmyCoin price prediction shows that JASMY could renew the bullish trend after testing the support level of $0.0182 today. JasmyCoin Prediction Statistics Data: JasmyCoin price now – $0.0183 JasmyCoin market cap – $896.12 million JasmyCoin circulating supply – 49.39 billion JasmyCoin total supply – 50 billion JasmyCoin Coinmarketcap ranking – #73 Getting in early on crypto projects like JASMY can be highly advantageous. Since reaching an all-time high of $4.99 in February 2021, JASMY has seen dramatic shifts, dropping nearly 99.64% from its peak. Despite this decline, the token showed resilience, rebounding by over 561.89% after hitting its all-time low of $0.0027 in December 2022. With recent 24-hour price swings between $0.0180 and $0.5284, JASMY illustrates both the risks and potential rewards in the crypto space. JASMY/USD Market Key Levels: Resistance levels: $0.0240, $0.0260, $0.0280 Support levels: $0.0130, $0.0110, $0.0090 ...

Pudgy Penguins™ and Mythical Games reveal  Pudgy Party, a new AAA mobile game

Pudgy Penguins and Mythical Games, two Web3 gaming platforms, have unveiled their latest AAA mobile game, Pudgy Party , as revealed to Finbold on Wednesday, October 31. Pudgy Party is a fresh take on the classic knockout royale genre, emphasizing collaboration and allowing players to share rewards in a new virtual setting. Set to release on iOS and Android in 2025, Pudgy Party promises easy pick-up-and-play mechanics, straightforward controls, and other accessibility Features .  Picks for you Suilend unveils SpringSui, a new framework for liquid staking tokens 30 mins ago 'Rich Dad' Robert Kiyosaki explains his big bet on Bitcoin 1 hour ago ...

Most Trending Cryptocurrencies on Polygon – Fuse Token, Mask Network, Elk

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Bitcoin’s price and demand are gaining momentum, reflecting trends observed during the 2016 U.S. presidential election. For the upcoming 2024 election, betting markets currently estimate former President Donald Trump’s re-election chances at 66.5%. This has sparked optimism among investors, with expectations of regulatory shifts that could be favorable for Bitcoin fueling a bullish market sentiment. As interest in Bitcoin grows, recent investments in Bitcoin exchange-traded funds (ETFs) are adding to the cryptocurrency’s upward trend. Moreover, tokens on several blockchains have posted rallies. This article curates the most trending cryptocurrencies on Polygon. Most Trending Cryptocurrencies on Polygon  The Fuse Token (FUSE) is valued at $0.033 and has an estimated market cap of $67.31K. Mask Network (PoS) is priced at $3.168, with a market capitalization of approximately $316.98 million. Currently, Elk (ELK) is priced at $0.107, has a market cap of $1.73M, an...

Is a Gamestop-style gamma squeeze fueling bitcoin’s rally?

Is bitcoin experiencing a Gamestop-style gamma squeeze? Fielding questions from increasingly anxious speculators as the currency roared toward all-time highs during Tuesday’s trading session, Galaxy Digital researchers posted their estimate as of midday. Citing Amberdata’s compilation of data from Deribit, a large bitcoin options exchange, Galaxy’s Head of Research estimated Deribit options dealers’ gamma exposure at $15 million per 1% increase in BTC price from $71,000 through $85,000. In other words, bitcoin’s price is benefitting from a gamma squeeze. Before contextualizing this effect relative to other factors, however, it is critical to understand this mechanism of action without jargon. for every 1% move up between $71k and $85k, dealers need to hedge $15m. if we move up from $71k to $85k, dealers need to net buy $252m to hedge. there are a number of ways for dealers to hedge if we move higher, but buying spot is probably the cheapest#bitcoin #gamma pic.twitter.com/...

This is why Dogecoin (DOGE) is surging

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Dogecoin (DOGE), the prominent meme cryptocurrency, is experiencing a substantial rally. Recently peaking at nearly $0.17, a level last seen in early June, the coin has surged to a nearly five-month high, reflecting an 18% gain over the past 24 hours.  Dogecoin year-to-date price chart. Source: TradingView DOGE’s rise has been fueled by a combination of factors, including technical momentum, increased derivatives interest, and notable political endorsements. Picks for you Legendary trader reveals when Bitcoin 'real breakout' will occur 2 hours ago Bitcoin is just 2% away from breaking its all-time high 2 hours ago AI predicts ...

Buy VeChain (VET): Double Digit Profits Predicted in November 2024

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Leading altcoin VeChain (VET) is trading around the $0.022 mark on Tuesday, up close to 4% in the day’s trade. It snapped its eight-day losing streak today and entered the greener spectrum in the charts. The latest price prediction for VET remains bullish, indicating that a double-digit spike could be on the way. VeChain’s spike in price comes after Bitcoin hit the $70,000 mark in the indices. The overall cryptocurrency market remains green due to BTC’s bullish momentum. Bitcoin is up 5.1% today and is gearing up to breach its all-time high of $73,737. Also Read: Dogecoin (DOGE) To Peak And Target $0.175, Expert Shares If BTC breaches the mark, leading altcoins could also hit new monthly highs in the indices. Therefore, taking an entry position in VET could be beneficial as indicators remain bullish. VeChain Price Prediction: VET Forecasted to Surge Double Digits in November Source: Unsplash Leading on-chain metrics and price prediction firm Changelly has painted a ros...

Why didn't Donald Trump and Joe Rogan mention bitcoin or crypto?

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On a much-anticipated podcast episode released on Sunday, presidential candidate Donald Trump spent three hours talking to host Joe Rogan — but cryptocurrency or bitcoin weren’t mentioned once. This contentious topic has been raised more frequently by both Trump and Kamala Harris as election day looms. Recently, Harris’ attempts to win the votes of Black males backfired among the crypto community. Some were quick to point out that her administration has failed to produce concrete crypto regulations , instead alienating top firms with seemingly baseless litigation. Spent 3 hours watching Joe Rogan & Trump podcast but they didn't mention " crypto "pic.twitter.com/jyvi4lzrFq — naiive (@naiivememe) October 27, 2024 At least Trump said he’s open to the possibility of aliens. Meanwhile, Trump has made explicit attempts to rally the Bitcoin community. He has been involved in several NFT collections and, most recently, crypto pr...

Klaus Price Prediction: KLAUS Surges 23% As This Layer 2 Meme Coin Rival Closes On $23 Million

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The Klaus price surged 23% in the last 24 hours to trade at $0.02543 as of 01:14 a.m. EST on trading volume that plunged 12% to $3.6 million. This comes even as as the meme coin market plunges, its collective market capitalization falling 15% to $61 billion, according to CoinGecko. Klaus Price To Sustain Its Bullish Trend Reversal The Klaus price has been on a sustained surge in the last two weeks, as KLAUS rose to the $0.05 resistance, which allowed the token to form a sideways pattern, according to data from GeckoTerminal . However, the bears successfully pushed the price down through a retrace below the consolidation phase, as KLAUS dropped to the $0.012 support zone. The bulls then propelled the asset through a rebound to the $0.028 resistance, forming a rounding bottom pattern. The price of Klaus now aims at capitalizing on the rounding bottom to keep pushing the price towards a rally. KLAUS now trades below the 50-day Simple Moving Average (SMA), coinciding with the curren...

Amazon Out-Earns Google 15% in This Key Area as AMZN Gains

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The end of the week saw a very important statistic come to light as Amazon has outearned Google in one key area amid AMZN’s continued gains to end the week. Indeed, the massive e-commerce company has displayed some positive performance in October’s last two weeks. The development will have Amazon challenging for increased supremacy within the information technology sector. Its stock was up 2.3% Friday, trading at the $188 mark as it looks to end the year strong, preparing for an impressive start when the calendar turns. Source: Reuters Also Read: Amazon AWS to Grow 20%? Why It Has AMZN Targeting $230 Amazon Beats Google in One Key Statistic as AMZN Looks to Surge 2024 has certainly been a positive year for several tech stocks across the board. With Nvidia (NVDA) surging almost 200% throughout that time, it has been followed by a host of stocks quick to embrace the AI demand boom. Yet, the market is still regarding companies that are taking more traditional routes. One that i...

Does a bitcoin rally to $100K repay El Salvador’s IMF loans?

Will a rising bitcoin price cure El Salvador’s indebtedness to the International Monetary Fund (IMF)? Earlier this week, Tim Draper claimed a rally to $100,000 per bitcoin would allow the country to repay its IMF loans “and never have to talk to them again.” The claim sparked a discussion about how much debt El Salvador owns — and how much bitcoin can contribute to easing its burden. With some generous math, Draper’s claim that $100,000 bitcoin would allow IMF repayment has superficial merit. Specifically, El Salvador owes 107.7 million SDRs to the IMF worth 1.35049 USD apiece. In other words, the country owes approximately $80 million to the IMF. Switching to the asset side of the country’s financials, El Salvador claims to own 5,913.76 BTC, each of which currently trades at $67,973. So if BTC were to rally $32,026 and hit Draper’s $100,000 threshold, El Salvador would gain $189 million from its holdings, which is a larger number than its $80 million of IMF debt. ...

US Government's Cryptocurrency Wallet Hacked For $20 Million

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Hacks in the cryptocurrency industry are nothing new. In September alone, the market witnessed hacks worth $120 million. Over half of the $120 million in cryptocurrency attacks that occurred in the month were on centralized exchanges BingX and Indodax. Amidst this, malicious activity was suspected in the US government’s wallet. Also Read: SEC Can’t Stop It: Ripple CEO Predicts Inevitable XRP ETF Approval US Government Loses Big Bucks Through Cryptocurrency Hack Data from Arkham Intelligence revealed that a cryptocurrency wallet that was probably under the authority of the US government was hacked on October 24. $20 million was taken out of the wallet. This further included money taken from the Bitfinex hack in 2016. The hacker sent the money to a wallet that started with “0x348.” The report revealed that $5.5 million in USDC and $1.25 million in the stablecoin Tether were taken from Aave. These assets were then transferred to the wallet along with $13.7 million in USDC...