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‘Very Strong Moves’ – Analyst Sees Rallies for Solana Rival, Updates Forecast for Two Ethereum-Based Altcoins

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A closely followed crypto analyst says that one Solana (SOL) rival may be gearing up for a series of rallies. In a new strategy session, crypto trader Michaël van de Poppe tells his 737,600 followers on the social media platform X that the native token of the layer-1 blockchain Sei (SEI) could soon hit $1 if it can break out of a trading range’s upper bound at $0.52. “Very strong moves on the markets for SEI. Expecting this to break through this resistance zone, and if that’s the case, then I’m assuming we’ll see this one have a run toward the all-time high in the coming four-six weeks. Mimicking SUI.” Source: Michaël van de Poppe/X SEI is trading for $0.4892 at time of writing, down 4.5% in the last 24 hours. SEI reached an all-time high of $1.14 in March. Next up, the analyst believes that the Ethereum (ETH)-based decentralized oracle provider Chainlink (LINK) may increase more than 23% from its current value after breaking out of a resistance level. “A mass

Next Cryptocurrency to Explode, November 20 — Render, Kaia, XYO, Polkadot

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The cryptocurrency market experiences changes and developments that shape investment choices every day. Late last month, the cryptocurrency market experienced heightened volatility as several tokens experienced price fluctuations. But things are already starting to look up for many investors. The crypto market is observing a noteworthy increase in trading signals, leading investors to religiously search for the next promising token. However, spotting the next cryptocurrency to explode amidst this abundance requires a thorough understanding of the market dynamics. Today’s article identifies coins with some potential and informs investors and traders about each token. Next Cryptocurrency To Explode Today’s review highlights promising cryptocurrencies that investors should keep an eye on. Among these is a new project called FreeDum Fighters. FreeDum Fighters is a satirical token that combines crypto with political drama. In stage 1 of its presale, the project has already laid a clear

Fast Food Giant McDonald’s And Doodles Join To Launch NFT-Themed Holiday Cups

Fast food behemoth McDonald’s, in partnership with Doodles, a popular non-fungible token project that previously announced its intentions to evolve from a pure NFT startup to a leading media franchise and entertainment company, has launched non-fungible token-branded coffee and tea holiday cups. The cup release came just a few weeks after McDonald’s and Doodles announced their collaboration. McDonald’s And Doodles Launch NFT-Themed Holiday Cups In a November 18 blog post, McDonald’s and Doodles confirmed that they had unleashed cartoon-themed holiday cups. These new cups appeared just a few weeks before the highly anticipated Christmas and New Year festivity. McDonald’s x Doodles holiday cups are now available to all users participating in McDonald’s locations in the United States of America and other regions. gm to everyone getting the McCafé x Doodles holiday cups today • ᴗ • 🎶music: Good Mornin’ artist: @marleybleuberry produced by: @Pharrell video directed by: @doodles @b

Pepe: Here’s How To Be A Millionaire When It Hits $0.0005

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Pepe (PEPE) has had an incredible run over the last few weeks. The Solana-based meme coin’s price skyrocketed after Bitcoin (BTC) hit a new all-time high earlier this month. The frog-themed memecoin briefly climbed into the top 20 projects by market cap but has since slipped to the 22nd spot. Also Read: Bitcoin: MicroStrategy to Raise $1.75B For BTC Purchase PEPE has faced a 3.6% correction in the daily charts. Despite the dip, the asset is up by 55.6% in the weekly charts, 149% in the 14-day charts, and 96.6% over the previous month. The asset’s price has also risen by 1695.3% since November 2023 and 36,472.5% since April 2023. Source: CoinGecko Apart from the frog-themed crypto, other Solana-based memecoins, such as dogwifhat (WIF), Bonk (BONK), Popcat (POPCAT), Peanut The Squirrel (PNUT), etc., have also displayed incredible performance over the last few days. How To Become A Millionaire When PEPE Hits $0.0005? Source – CryptoRank The frog-themed crypto has experienced stellar growt

Goldman Sachs to Convert Its Digital Asset Platform Into a New Company

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In what is a massive development for the industry, $3 trillion investment bank Goldman Sachs is reportedly set to convert its digital asset platform into a new company. Indeed, the firm is set to turn it into a blockchain venture, according to a Bloomberg report. The bank is currently speaking with prospective partners, the report notes. Moreover, the new company will be created for larger financial firms to “create, trade, and settle financial instruments via blockchain technology.” The plans to spin out the existing platform will reportedly coincide with the development of new capabilities and use cases. https://twitter.com/WatcherGuru/status/1858529107857850535 Also Read: Goldman Disclosses $710 Million Bitcoin ETF Holdings Goldman Sachs to Create New Blockchain Venture Out of Digital Asset Platform It has been a game-changing year for cryptocurrencies. Since January, the asset class has seen its overall prevalence skyrocket with institutional investment interest surging. With firms

Cathie Wood Sees Bitcoin Heading For $650K As RFK Says Most Of His Wealth Is In BTC

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Ark Invest CEO Cathie Wood predicted Bitcoin will reach $650K by 2030 as Robert F. Kennedy Jr. (RFK) says he has put most of his wealth in BTC. Wood told CNBC’s Squawk Box that Ark’s 2030 price target for Bitcoin is $650,000 in the base case, and between $1 million and $1.5 million in the bull case. Cathie Wood Says Bitcoin Still Has A “Long Way To Go” During the interview, Wood said that Ark Invest was the first public asset manager to gain exposure to the largest crypto by market cap after it purchased BTC in 2015 at $250 per coin. Bitcoin has since risen exponentially with the king of cryptos trading at $91,953 as of 3:20 a.m. EST after a 13% surge in the past week. Despite the parabolic gain in Bitcoin’s value since 2015, the Ark Invest CEO still believes that BTC’s price has a “long way to go.” Much of this predicted momentum, according to Wood, will be ignited by “regulatory relief” in the US after the new Trump administration enters the White House in January. She added

XRP Price Prediction: Ripple Token Soars 27% To Breach $1 Milestone As Traders Rush To Buy Pepe Unchained Presale Before It Lists

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The XRP price soared 27% in the last 24 hours to trade at $1.14  as of 9 a.m. EST on a 28% pump in trading volume to $18 billion. The spike in the XRP price comes after indications Ripple CEO Brad Garlinghouse may have met with president-elect Donald Trump’s transition team. Garlinghouse liked a Zach Rector post on X, seemingly indicating that there had been a meeting with Trump or his team. Confirmed ✅ #XRP pic.twitter.com/krpLrgrR2c — Zach Rector (@ZachRector7) November 12, 2024 XRP Price Soars XRP’s price has taken the crypto world by storm, surging to $1.1354 with a stunning 27% increase in just one day. This explosive rally emerged after weeks of quiet consolidation within the $0.45 – $0.57 range, where the price steadily gathered strength. Finally, XRP broke free, carving out a parabolic curve- a signature rapid and aggressive bullish trend pattern. Now, all eyes are on the next resistance at $1.20, a key milestone that, if surpassed, could pave the way for a climb towa

Mysterious Bitcoin whale from Satoshi Age moves again to dump 2,000 BTC ($180M)

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A mysterious Bitcoin (BTC) whale from the Satoshi era has moved again, raising more questions about its dormant intentions. In a single move, the mysterious whale deposited 2,000 BTC from different anonymous addresses into a single Coinbase account. As developed, the whale consolidated 40 addresses holding 50 BTC each from Bitcoin’s mining rewards (coinbase) to make the deposit. These were Pay-to-Public-Key-Hash (P2PKH) addresses, used to make their traceability difficult when deciding to move these funds in the future. Transaction 983311045cf0bbf09b9469ed9699585194285494d048a96058e9dd444b33b7ae. Source: mempool.space / Finbold Sani, the founder of TimeChain Index, spotted the mysterious movement, posting about it on November 15. Picks for you Lee Zeldin’s net worth revealed: How rich is Trump’s nominee for the Environmental Protectio

Impermanent Loss in DeFi: Explained

Impermanent Loss in DeFi: Explained! In the world of decentralized finance (DeFi), the term “impermanent loss” is often discussed, particularly among liquidity providers. Impermanent loss is a concept crucial for anyone participating in liquidity pools, as it directly impacts the profitability of their investments. In this article, we’ll break down impermanent loss, why it happens, how to mitigate it, and why it matters to DeFi participants. What is Impermanent Loss? Impermanent loss occurs when the value of assets in a liquidity pool changes compared to simply holding those assets outside the pool. When a liquidity provider (LP) deposits two assets into a pool, they are exposed to price fluctuations between those assets. If one asset appreciates or depreciates significantly compared to the other, the value of their deposited assets within the pool may become less than what they would have had if they had simply held the assets in their wallet. This discrepancy is known as impermanent

Peanut the Squirrel Price Prediction – Is $PNUT the Next Dogecoin?

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A new meme coin on Solana, Peanut the Squirrel, has surged by 1378% over the past week, hitting a record high of $2.47. The coin has quickly emerged as one of the most impressive meme coins in the market, gaining immense attention and admiration. Following a supportive tweet from Elon Musk, who hinted at the impact of meme coins, the coin’s value surged dramatically. $PNUT, which currently holds a market cap of around $1.94 billion with its 1 billion token supply, has shown both explosive growth and significant volatility, drawing in a high volume of investments from buyers hoping for substantial gains. The rapid rise of $PNUT has already provided early investors with extraordinary returns, some seeing as much as a 1,000x on their initial investment. However, with the coin’s current elevated price, newer investors now face a higher level of risk if they aim to achieve returns on the same scale. Despite the risks associated with chasing a coin that’s already seen massive gains, ther

Intel Likely to Get $20B Boost: What it Means for INTC

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Despite what has been a horrid year for the technology stock, Intel (INTC) is likely to get a $20 billion boost, according to some experts. Indeed, there has been ongoing concern regarding the company’s CHIPS Act status. However, analysts have shown optimism that they could be set to receive the benefits of the legislation. The United States CHIPS and Science Act is a federal statute that sought to boost the domestic production of semiconductors. Moreover, Intel was poised to be the beneficiary, leading it to invest $30 billion. However, lack of progress on the bill has hindered the stock, with many expecting that to change at the turn of the year. Source: CNN Also Read: Nvidia (NVDA) Officially Joins Dow Jones, Dethroning Intel Intel May Get CHIPS Boost as Stock Looks to Recover From 2024 Tumble Throughout 2024, Intel (INTC) has certainly struggled. The company was left unprepared by the incoming AI boom and has lost considerable ground to surging Nvidia (NVDA). Not only has the stock

Arthur Hayes Says AI Agents a ‘New Lifeforce’ Entering Crypto Space – Here’s What He Means

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The chief investment officer of the Maelstrom Fund family office and BitMEX co-founder Arthur Hayes is saying that artificial intelligence (AI) agents and crypto assets are a natural fit. In a Bankless interview, Hayes says that AI memecoins are a “completely new life force” that is entering the cryptocurrency industry. “I think that AI agents will be able to fill all anti-money laundering and know-your-customer forms, so they’re all digitized anyway, right? They can fake an image, they can deepfake s**t, they’ll have big accounts for sure. But again I think … to like [engage in] commerce that’s frictionless, that’s cheap enough for them, crypto makes the most sense. Now, whether they create their own cryptocurrency, I don’t f*****g know but I think this is an interesting way to start. And that’s why I think there’s a lot of hype around these AI meme coins.” According to the Maelstrom Fund CIO, AI agents are also likely to use Bitcoin (BTC) since it is more “int