Ethereum Price May Trigger 25% Rally To Reach $2000: Here’s When

• Ethereum price has been on an uptrend since the beginning of 2021, but is currently showing signs of a bearish divergence.
• Ethereum is expected to experience a pullback of 15-20% before seeing an upswing beyond $2000.
• If the trading fails to hold at support levels close to $1600, then a significant drop may take place below $1500.

Ethereum Price Analysis

The Ethereum price has experienced significant growth in recent times, with its price rising by more than 30%. Despite this surge, there are some signs of bearish divergence and the asset may soon undergo a minor bearish pullback.

Potential Pullback

The ETH price is likely to experience a minor pullback before it can see further growth beyond $2000. The current resistance at $1777 may soon be broken and the asset may experience a drop towards lower support levels near $1600. This could provide traders with an opportunity to enter the market and trigger buying pressure that could result in an upswing in prices over time.

Upswing Potential

With buyers entering the market after the potential pullback, ETH prices are likely to reach beyond $1900 initially before testing the psychological barrier at $2000. While some hindrances may be encountered during this process, if bulls can maintain their grip on the market then an upswing could be expected soon enough.

Bearish Scenario

However, if ETH fails to hold above support levels near $1600 then there is potential for prices to drop significantly below $1500 which would invalidate any bullish predictions made for this asset going forward.

Conclusion

In conclusion, Ethereum appears set for a short-term pullback before it can resume its upward trend past the psychological level of $2000. If traders manage to make use of this opportunity by entering at lower prices, then they can benefit from further upside potential in ETH prices over time

Banking Crisis Looms: Is Crypto The Future of Secure Investing?

• The collapse of two US banks, Silicon Valley Bank and Signature Bank, has led to a discussion about secure investment tools and the fractional reserve banking system.
• Bitcoin, Ethereum and BNB have gained over 7 percent in the past 24 hours as investors scramble for more secure investments.
• A $25 billion bailout by the United States federal government has raised questions about liquidity and inflation rates.

Banking Crisis Looms: Is Crypto The Future Of Secure Investing?

The collapse of two of the top United States banks, Silicon Valley Bank and Signature Bank, has been considered a bullish thesis for Bitcoin and other leading digital assets. Investors are scrambling to find more secure investment options as these digital assets have gained over 7 percent in the past 24 hours.

Fractional Reserve Banking System

The $25 billion bailout by the United States federal government has caused many investors to question the fractional reserve banking system that requires lenders to maintain only a small portion of deposits available for withdrawal while the rest are lent out to fuel economic activity. All banks around the world operate this way which could lead to higher inflation if bank runs occur at an unprecedented rate.

Bitcoin To The Moon?

Michael Casey, author of ‚The Age of Cryptocurrency‘, believes that a situation similar to the 2012–2013 Cypriot financial crisis could be unfolding again. He indicated that when Cyprus bank failed in 2013 it fueled Bitcoin’s rally which may be happening now with BTC’s bounce over $20,000.

Liquidity Issue

„In theory, the collapse of Silicon Valley Bank is highly bullish for #Bitcoin“ said @KobeissiLetter on Twitter. „Bitcoin literally fixes the fractional reserve issue.“ However, this sentiment can hardly rally 2% now because “the real problem is liquidity” according to @KobeissiLetter. Liquidity was already bad before SVB but now it’s gone.

Conclusion

Investors are looking for alternative investments such as Bitcoin due to fears about liquidity issues and potential inflation rates from loan defaults during a banking crisis like 2008 or worse than what happened in Cyprus in 2013. This could be fueling Bitcoin’s recent rise above $20k but only time will tell how long this trend will last.

Bitcoin (BTC) Struggles To Maintain $25K: Ankr (ANKR) and Orbeon (ORBN) Rise

Overview

• Bitcoin (BTC) is struggling to maintain its momentum at the $25,000 price point.
• Ankr (ANKR) is an innovative Web3 infrastructure platform that has announced a partnership with Microsoft.
• Orbeon Protocol (ORBN) continues to pump during its ongoing presale.

Bitcoin (BTC)

Bitcoin (BTC), the world’s most well-known and valuable cryptocurrency, has been struggling to maintain its momentum at the $25,000 price point in recent times. Despite its turbulent periods of price fluctuations, Bitcoin (BTC) remains one of the most powerful forces in the blockchain revolution due to its pioneering decentralized digital currency system.

Ankr (ANKR)

Ankr (ANKR) is an innovative and cutting-edge web3 infrastructure platform that offers developers a plethora of powerful tools and resources to create decentralized applications (dApps). The Ankr (ANKR) suite of development tools includes an array of decentralized services that can be used for a wide range of applications such as DeFi, gaming, eCommerce and more — making Ankr (ANKR) one of the most comprehensive Web3 infrastructure platforms currently available. In addition, Ankr recently announced a strategic partnership with Microsoft to offer node hosting services to any project that needs seamless access to blockchain data. The current price for ANKR tokens is $0.3513.

Orbeon Protocol

The Orbeon Protocol’s ongoing presale continues to pump with a new price for tokens at $0.0835 during phase 9. The protocol was designed by blockchain veterans who understand how important it is for projects under their helm to succeed — both technologically and financially — so they have designed Orbeon Protocol with scalability in mind while leveraging on existing Ethereum technologies such as ERC20 tokens and smart contracts. This ensures that projects built on top of Orbeon Protocol are able to scale quickly without sacrificing security or speed — something which many other blockchains cannot boast about currently.

Conclusion

In conclusion, Bitcoin’s struggles have allowed newer projects like Ankr and Orbeon Protocol rise up into prominence in the blockchain space due their innovative solutions which provide users with reliable access to blockchain technology while ensuring scalability and security for their projects without sacrificing speed or security — something which no other networks can offer right now

Will CAKE Price Smash the $10 Mark This Year? PancakeSwap Price Prediction 2023-2025

• PancakeSwap is a DeFi token that has been gaining traction within the cryptocurrency market.
• The potential surge of its native token CAKE could reach up to $44.659 by the end of 2030.
• This write-up covers the feasible PancakeSwap price predictions for 2023 and the years to come.

Pancakeswap Overview

PancakeSwap is a blockchain-powered platform built to renovate the supply chain. The network is a decentralized cryptocurrency exchange erected on Binance Smart Chain, offering low transaction fees, higher liquidity, and faster trading speeds than most other platforms in existence. Its native token, CAKE, is one of the exemplary cryptocurrencies in the DeFi space, with investors waiting for a bullish move on market charts.

PancakeSwap Price Prediction 2023–2030

According to our forecast system, PancakeSwap price can go as high as $6.875 by the end of 2023 and with a potential surge could reach up to $44.659 by the end of 2030.

Market Analysis

The ever-evolving crypto space is home to numerous promising projects, one such being Pancake Swap (CAKE). Analyzing its market performance over time shows that it has had an overall positive trend since its inception in 2021, indicating good growth potential ahead. Fundamental analysis also indicates that this project could be quite profitable in long term investment scenarios due to its continuous development and innovative features added recently such as staking rewards and liquidity pools among others .

Fundamental Analysis

Historical market sentiments from 2018 – 2021shows that investors have been optimistic about CAKE’s future prospects given its strong fundamentals and utility for users within decentralized finance (DeFi) applications which make it an attractive asset class for long term investments . Overall , CAKE looks set to show strong performance in coming years backed by increasing demand from institutional investors and retail traders alike .

FAQs

Q: Will CAKE price smash the $10 mark this year?
A: According to our forecast system , PancakeSwap price can go as high as $6.875 by the end of 2023 but it’s difficult to predict whether it will break through $10 mark this year or not

Bitcoin Price Could Hit $50K by 2023 – Here’s Why

Overview of Bitcoin Price Analysis

• George Tung has provided a timeline for when Bitcoin (BTC) price will hit $50k.
• He presented three reasons to support his argument that include the recovery from bottom, institutional adoption, and increasing use cases.
• Investors should be cautious while investing in Bitcoin and conduct their own research before making any decisions.

Angel Metrics Indicating Recovery From Bottom

George Tung’s first reason focuses on angel metrics which indicate that Bitcoin is recovering from its bottom. He cited several indicators such as the Rhodo ratio, MVRV score, realized cap hold of waves and reserve risk which all suggest that Bitcoin has hit its lowest point using previous data. Additionally, the fractal pattern similar to 2019 when Bitcoin shot upwards after going sideways for a few months also supports his claim.

Institutional Adoption

Tung’s second reason is institutional adoption where he highlighted that BlackRock and Fidelity have invested in Bitcoin-related companies and introduced their own Bitcoin funds and exchanges. BlackRock holds a $15 billion fund and physical Bitcoins while Fidelity is already involved with miners and institutions indicating seriousness in investing in this space.

Growing Use Cases

Tung’s third reason is the growing use cases of Bitcoin which further indicates potential store of value against inflation, appealing many investors. The recent success of first NFT collection indicates demand for digital art whereas upgrades to blockchain allows storage of images on it. Stacks project helps dApp makers program on top of BTC with 35000 smart contracts already deployed along with Lightning Network making it an effective medium for exchange purpose.

Advice For Investors

Though confident about his prediction, Tung advises investors to exercise caution while investing in this asset class by conducting their own research before taking decisions .Currently BTC is worth $24,876 as per press time.

Dogecoin (DOGE) Buzz at Super Bowl: Murdoch & Musk Spark Discussion

• Media Mogul Rupert Murdoch and Elon Musk sparked Dogecoin (DOGE) discussion at Super Bowl.
• Dogecoin price bounced back from $0.1 after the January crypto relief rally.
• Over $2.39 million has been liquidated from the Dogecoin market according to the latest update from Coinglass.

Rupert Murdoch and Elon Musk Spark Dogecoin (DOGE) Discussion at Super Bowl

The Dogecoin community was delighted following Elon Musk’s unexpected support during this year’s Super Bowl over the weekend. The tech billionaire was wearing a Dogecoin-themed t-shirt and was spotted sitting next to media mogul Rupert Murdoch, owner of the Fox empire which broadcasted this year’s game. After being asked about what was discussed between them, Musk implied that Dogecoin was a topic of conversation.

Dogecoin Price Analysis & Market Outlook

Dogecoin price bounced back from $0.1 after the January crypto relief rally, with its global user base now standing at 5,145,693 people. Bulls are likely to take over from current prices of around $0.0832, with possibilities of more consolidation in coming weeks as it continues to give a neutral outlook on prices. According to updates by Coinglass, over $2.39 million have been liquidated from the Dogecoin market so far.

50 & 200 MA Just Turned Out To Be Supported

On its daily time frame, both 50 and 200 Moving Averages (MA) just turned out to be supported despite Bitcoin’s death cross last week; if Dogecoin follows Baby Doge in price action then it is likely to rally beyond $0.155 in order for it to fully invalidate 2022 bear market conditions overall.

Twitter Working On Payment Feature For Cryptocurrencies?

Musk has also been pushing for different organizations such as McDonalds to accept payment via DOGEcoins; Twitter is already believed to be working on a payment feature that could potentially make DOGEcoins one of its top priorities once ready for launch soon enough as well!

Conclusion – The Future Of DogeCoin Is Bright

All things considered – with massive influencers such as Rupert Murdoch and Elon Musk now involved in discussing the future of cryptocurrencies such as DogeCoin – it looks like there will only be brighter days ahead for this meme-based coin!

Ripple CTO Calls XRP Buyback Proposal a ‚Scam‘: Don’t Fall for It!

Ripple CTO Sounds Alarm On Controversial XRP Buyback Proposal, Labels It A „Scam“

Summary

  • The XRP buyback theory was proposed by Jimmy Vallee of Valhill Capital in 2021.
  • Matt Hamilton, a former Ripple director of developer relations accused Jimmy Vallee of bribery.
  • Ripple’s CTO, David Schwartz has clarified his views about the proposal and labels it as a scam.

Background

The XRP buyback theory is a proposition proposed by Jimmy Vallee of Valhill Capital in 2021, who backed XRP to become the world’s reserve currency. Vallee stated that in the future, the global financial system would require a scalable digital asset to address the issue of massive national debts.However, he said that in order for this to happen, governments would need to possess a substantial number of XRPs, which would have to be purchased from retail holders. Vallee intimated that an XRP repurchase could be conceivable if the SEC action is resolved in Ripple’s favor. The speculative idea, however, did not impress everyone. Matt Hamilton, a former Ripple director of developer relations who has been a vocal opponent of the buyback idea, accused Jimmy Vallee of bribery.

Ripple CTO Speaks Out


Ripple’s CTO, David Schwartz has clarified his views about the proposal in his tweet. He mentions that he hasn’t looked at it very closely but it seems like a scam to him. He also reminds everyone about 2012 and 2022 and about what can be learned from it that if anyone is promising high returns with low risk is almost certainly going to rob you.

Clients who trusted Shaver’s to manage their money’s investments allegedly contributed 764,000 bitcoins to his Bitcoin Savings & Trust (BTCST) in 2012, which were worth about $4.5 million at the time. He claimed to use market arbitrage techniques and offered returns of 7% weekly or 3641% per year. However he used funds from new investors to repay previous investors and some funds were invested into MtGox which was then world’s largest bitcoin exchange at that time .He also allegedly spent money on extravagant personal products and expenses Investor losses were estimated at around $1 .23 million at that time .

Proposed Terms for Purchase


Certain details about the proposed terms for purchase of XRP tokens from participating token holders seem to have leaked recently.

Conclusion:
Is this what people who have promoted and interviewed Jimmy Valle are referring when they refer back buying out retail holders ? Only time will tell what will happen but one thing we know for sure is that Crypto space is full of scams ,so be aware before investing anywhere !

Crypto Rally: Bitcoin Price Surge Pushes Altcoins to New Highs

• The bitcoin price rise has sparked significant bullish momentum in the crypto space, potentially leading to new highs in the coming days.
• Altcoins such as Cardano, Near Protocol, Polkadot, Ethereum, Dogecoin, etc. may experience significant gains if the Bitcoin price continues to rise during the week.
• Cardano (ADA) had remained mostly unaffected by the market sentiments that could have pushed its price above $0.5, but now appears to have gained some bullish momentum.

The recent rise in the Bitcoin price has been a key catalyst in inducing significant bullish momentum to the entire crypto space. This has spurred hope within the crypto market that new highs may be achieved in the coming days. Similarly, the altcoins have also been exhibiting potential to outpace the Bitcoin price rally and lead the top gainer’s list soon.

The Cardano price, in particular, had remained largely unaffected by the prevailing market sentiments that could have pushed its price above $0.5. However, the asset seems to have gained some bullish momentum recently, as the ADA price is testing the crucial 200-day MA levels. Unfortunately, the bears appear to have gained some control again, but if the bulls regain their strength, the ADA price may experience a significant upswing.

Other altcoins like Near Protocol, Polkadot, Ethereum, and Dogecoin also appear to have the potential to rise significantly in the coming days. Near Protocol has been showing signs of a breakout, with the price testing the $4.3 level. Similarly, Polkadot has been consolidating above the crucial $10.9 level, and if the bulls gain control, the price may test the $11.7 level soon. Ethereum is also showing signs of an uptrend, and if the bulls could maintain their strength, the ETH price may soon reach the $1,000 mark. Lastly, Dogecoin has been consolidating above the $0.0056 level, and may soon test the resistance at $0.0063.

Overall, the crypto market appears to be in the midst of a bull run, which could potentially lead to new highs in the coming days. Altcoins such as Cardano, Near Protocol, Polkadot, Ethereum, and Dogecoin may experience significant gains if the Bitcoin price continues to rise throughout the week.

Aptos Token Surges 250%, Sparks Risk of Price Manipulation

• Aptos token has experienced an unexpected surge of over 250%, sparking risks of manipulation from large investors.
• The altcoin market has been on a solid uptrend, and Aptos is poised to build a significant user base.
• The recent support from the community has pushed the APT token to be one of the top-performing digital assets.

The crypto space has seen many surprises in the past few months, and Aptos token has been one of them. APT, which is also known as the “Solana Killer”, has caught the attention of market traders since its launch in October 2022. The token has experienced an unexpected surge of over 250%, which has sparked the risks of manipulation from large investors and a potential bull’s trap.

Aptos is a relatively new project that is majorly focused on reducing gas fees in the network. It has gained much attention in the Q4 of 2022, and further development in achieving its goals may provide a positive impact on the token’s price. The recent support from the community has pushed the APT token to be one of the top-performing digital assets, as it has spiked nearly 250% since the beginning of the new year.

The massive explosion in the APT price chart was brought about by crypto exchange Binance when its Liquid Swap service announced the news of expanding APT pairs with different markets, including BTC and USDT. This news has made the token even more appealing to investors, who are now looking to get their hands on the token.

However, this unexpected surge in the APT price chart brings questions about the integrity of the market as it could be a sign of price manipulation. There is always a risk of a severe downturn if the bulls leave the market, which could lead to a huge loss for the investors who have already been caught in the bull’s trap.

In conclusion, Aptos is poised to build a significant user base by surging to an all-time high. It has the potential to become one of the top projects in the crypto space, but investors should always exercise caution when investing in such volatile assets. With the right knowledge and research, Aptos can be a great investment for those willing to take the risk.

Investors Shift Focus to Tokens with Real-World Utility: AVAX, ADA, FLSK in Focus

• Avalanche (AVAX) and Cardano (ADA) are facing extended slumps, while Flasko (FLSK) presale phase two is surging.
• Avalanche (AVAX) bears failed to protect $11 support levels from a market sell-off, causing the token’s market capitalization to see significant outflows to other more promising protocols.
• Despite positive sentiment surrounding its partnerships with e-commerce giant Alibaba, Avalanche (AVAX) prices have failed to take off, remaining almost 93% below all-time high levels.

Investors in the cryptocurrency market have shifted focus away from established cryptos like Avalanche (AVAX) and Cardano (ADA) in favor of tokens with real-world utility and growth potential. The recent slump in prices of Avalanche (AVAX) and Cardano (ADA) is a testament to this trend, while the second phase of the Flasko (FLSK) presale is seeing more and more attention.

Avalanche (AVAX) tokens have been on a bearish trend all year, recently falling under $11 support levels as the market sell-off caused an overall decrease in buyer momentum. The FTX collapse didn’t do Avalanche (AVAX) any favors, as the token’s market capitalization faced significant outflows to other more promising protocols like Flasko. Despite positive sentiment surrounding its partnerships with e-commerce giant Alibaba, Avalanche (AVAX) prices have failed to take off, remaining almost 93% below all-time high levels.

On the other hand, Cardano (ADA) has been seeing a resurgence of late, with prices almost doubling since the start of the year. However, Cardano (ADA)’s market capitalization still remains far away from its all-time highs, indicating that investors are still not convinced of Cardano (ADA)’s potential as a long-term investment.

In contrast, Flasko (FLSK) is seeing increased attention from investors thanks to its real-world utility and growth potential. Flasko is an alternative investments protocol which is currently in the second phase of its presale. The protocol offers the same, if not better returns, as Avalanche (AVAX) and Cardano (ADA) did for its early investors.

With the demand for Flasko (FLSK) tokens increasing, the second phase of its presale is seeing more and more attention from investors. This is a testament to the fact that investors are now looking for tokens with real-world utility and serious growth potential, rather than simply buying the dip on established cryptos like Avalanche (AVAX) and Cardano (ADA).