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Showing posts from February, 2024

Arkham Price Prediction: ARKM Pumps 32%, But Experts Say Consider This New AI Crypto For Parabolic Gains

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The Arkham price surged more than 32% over the past 24 hours to trade at $2.12 as of 9:05 a.m. EST.  The Arkham Price Continues Its Upward Trajectory 4-hour chart for ARKM/USDT (Source: TradingView ) The Arkham price has formed a medium-term positive price channel on its charts after it printed a series of higher highs and higher lows over the past fortnight. This bullish momentum resulted in the crypto overcoming multiple resistance levels, and could lead to it overcoming the subsequent barrier at $2.4310 soon as well. A 4-hour candle close above this threshold may give Arkham, a blockchain Analysis platform that uses AI, the foundation needed to keep climbing in the short term. However, a rejection from the $2.4310 barrier in the coming 12 hours may expose ARKM to the risk of correcting to the immediate support level, which is situated at $1.8287. Continued sell pressure if the crypto reaches this mark may bring the Arkham price down to as low as $1.35 in the coming few...

Dogecoin Price Prediction: DOGE Soars 30% On Elon Musk Tweets, But Experts Say This Other New Meme Coin Might Be The Best Crypto To Buy Now

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The Dogecoin price rose 30% in the last 24 hours to trade at $0.12509 as of 05:14 a.m. EST on trading volume that surged 215% to $5.85 billion. This surge came after a volley of tweets by ”Dogefather” Elon Musk stirred up optimism about the meme coin titan. Musk s hared a video in a tweet yesterday that was posted by DogeDesigner (@cb_doge), the UX/UI designer of Dogecoin, on the possibility of X dating. pic.twitter.com/f6pMCG7hdN — Elon Musk (@elonmusk) February 28, 2024 He also retweeted another post by DogeDesigner that focussed on audio and video calls on X. You can make calls on this platform now without sharing your phone number. Go to Settings ➤ Privacy & Safety ➤ Direct Messages ➤ Enable Audio & Video Calling. pic.twitter.com/SMDwj6bIhH — DogeDesigner (@cb_doge) February 29, 2024 And he had earlier tweeted a single line that just said, ” Fine, I will get back on the meme grindstone.” The tweets reig...

The Chinese Yuan Is Unsettling the US Dollar: Here’s Why

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For decades, the US dollar has ruled over global marketing narratives. The currency has had a long and extensive history of dominating global markets and perspectives. With the dollar holding the status of reserve currency, its prestige was unparalleled and paramount on a global scale.  But, with calls for de-dollarization expanding, the US dollar now sits in a rather vague situation. With high inflation factors coupled with geopolitical tensions gnawing at it, its positioning has become unstable.  Amidst such chaos, China is leaving no stone unturned to catapult its currency, the Yuan , onto a global stage. Here’s a look at the dollar’s newest competitor, which may have the potential to turn the tables around.  Also Read: BRICS To Take Loans in Chinese Yuan, Ditch US Dollar Why is The Chinese Yuan Rising? Source: Gina Sanders / Fotolia via Wodicka Dubbed the fifth largest currency in the world, the Yuan is now projecting a strong market stance. Per a ...

Best Crypto to Buy Now February 28 – Arweave, Oasis Network, Shiba Inu

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InsideBitcoins regularly provides a rundown of the  best cryptocurrencies to buy now , taking into account their recent price performance. Investors in the cryptocurrency market constantly seek opportunities to multiply their portfolios, aiming for substantial returns. Identifying projects with the potential for significant growth is a primary goal amidst the many options available. However, distinguishing between promising and less favorable cryptocurrencies can be challenging. Nevertheless, InsideBitcoins simplifies this process by conducting daily market analyses, compiling a list of cryptocurrencies gaining traction, and demonstrating potential for significant growth. Best Crypto to Buy Now Pepe has emerged as a leading cryptocurrency to consider purchasing, boasting a market cap of $1.1 billion. Recent developments within the PEPE ecosystem have significantly contributed to its success. Additionally, Arweave (AR) has witnessed a surge of over 40% in value, credited to rece...

Pepe Price Prediction: PEPE Soars 32% To Leave Meme Coin Competitors SHIB, WIF And FOKI In The Dust As Investors Prepare For A Gigantic Airdrop On Solana

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The Pepe price surged more than 32% over the past 24 hours to trade at $0.00000268 as of 2:35 a.m. EST as investors scramble to ride the meme coin’s bullish momentum. PEPE left competitors Dogwifhat (WIF), FLOKI and Shiba Inu (SHIB) in the dust with its impressive 24-hour performance. During the same period, WIF was able to achieve a 29% gain, while SHIB and FLOKI only managed 5% and 17% growth, respectively, according to CoinMarketCap. Pepe Price Struggling To Break Resistance 4-hour chart for PEPE/USDT (Source: TradingView ) The Pepe price was able to break above the $0.00000209 resistance level over the past 24 hours, and attempted to do the same with the subsequent barrier at $0.00000282. Although it was able to break above this second resistance level, the accomplishment was short-lived as sellers were quick to force the meme coin’s value back down. The crypto has not been able to establish a position above the barrier since. Should the meme coin get rejected by...

Apple Reportedly Cancels Plans to Build an Electric Car

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Apple has reportedly canceled its plans to build an electric car, according to a Bloomberg report. Indeed, the company has decided to end its decade-long endeavor of building an electric automobile according to sources with information on the matter. The deviation represents the end of one of the company’s most ambitious projects. The report notes that Apple made the more than 2,000 employees working on the project aware of the cancellation internally on Tuesday. Moreover, the decision was reportedly shared by both COO Jeff Williams and the project’s Vice President, Kevin Lynch. Also Read: The Magnificent 7: Apple , Amazon, Now Wield Greater Financial Power than Any Major Country  JUST IN: Apple reportedly cancels all plans to build an electric car. — Watcher.Guru (@WatcherGuru) February 27, 2024 Apple Abandon’s Decade-Long Electric Car Project Throughout its history, Apple has cemented itself as one of the foremost tech companies on the pla...

5 Best Crypto Presales For Potential 10x Gains Before The 2024 Bitcoin Halving

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In 2024, the presale market is anticipated to intensify, as an increasing diversity of crypto presales attracts investor interest. These pre-ICO events provide investors with the chance to enter at an early stage, potentially generating substantial returns prior to public launch. Investors are likely to examine presale projects more carefully, looking for those with innovative Features , solid fundamentals, and promising long-term growth potential. With a broader selection available, investors may also become more discerning, meticulously evaluating the risks and rewards of each presale opportunity. This heightened competition among presales could result in enhanced transparency and accountability within the market as projects aim to distinguish themselves and gain investor trust. To provide an early advantage, this article compiles a list of the most popular presale coins in 2024, analyzing what sets them apart and their potential for future expansion. Green Bitcoin (GBTC) Green...

Ripple, CEO Garlinghouse Face Lawsuit for Alleged Sale of Securities

A lawsuit has been filed against Ripple, Brad Garlinghouse, and XRP II, LLC. The suit claims that the defendants violated federal and California securities laws. Ripple argues that XRP shouldn’t be labeled as a security. Ripple Labs Inc., its CEO Brad Garlinghouse, and subsidiary XRP II, LLC, are confronting a class action lawsuit filed in the Northern District of California.  Notably, the lawsuit alleges that the San Francisco-based fintech company violated federal and California securities laws by offering and selling the digital asset XRP without the necessary registration.  “The lawsuit claims that persons or entities who purchased XRP during the class period (July 3, 2017 to June 30, 2023) have the right to recover (a) the consideration paid for the XRP, with interest, if they retained the XRP, less the current price of the XRP or upon tendering the XRP, or (b) damages if they sold the XRP at a loss,” said the lawsuit. The plaintiffs contend ...

KyberSwap’s Attacker Maneuvers $2.5 Million Across Blockchains

KyberSwap suffered a $2.5 million breach on Feb 26, raising decentralized exchange security concerns. A prior heist in Nov 2023 cost KyberSwap up to $49 million, prompting negotiations and a large bounty. KyberSwap’s financial and reputational damage post-exploit led to layoffs to address challenges. KyberSwap found itself at the center of a security breach when the individual behind the incident transferred considerable funds. On February 26, this activity caught the attention of observers as the culprit moved $2.5 million in digital assets from Arbitrum to Ethereum, according to blockchain analytics firm PeckShield. The transfer involved 798.8 Ether and an additional $826,500 in Dai stablecoins, highlighting the breadth of the hacker’s loot. #PeckShieldAlert #KyberSwap Exploiter-labeled address bridged ~800 $ETH (worth ~$2.5m) from #Arbitrum to #Ethereum pic.twitter.com/xTWO7lOLJY — PeckShieldAlert (@PeckShieldAlert) February 26, 2024 ...

Ethereum Layer-2 Altcoin on the Verge of Big Breakout, According to Top Trader – Here’s His Outlook

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The closely followed trader known pseudonymously as The Flow Horse says that one Ethereum (ETH) scaling altcoin is about to see much higher levels. The Flow Horse tells his 202,500 followers on the social media platform X that he’s anticipating moves in the Ethereum layer-2 subsector in general. The top trader specifically names the native asset of Celo (CELO), a crypto project transitioning to become an ETH scaling solution, as an altcoin that could witness a big breakout. “Expecting we see some love for the ETH layer-2 group. There is a well-known pair close to the musical instrument that is breaking out of a monthly accumulation range. I’m accumulating a position… Bought spot CELO.” Source: The Flow Horse/X Looking at the trader’s chart, he seems to suggest that CELO may have carved a bear market bottom and is poised to begin its uptrend. At time of writing, CELO is trading at $0.875, up nearly 10% in the last 24 hours. The t...

This Blue-Chip Ethereum Rival Will Explode by Over 150% in the Short Term, Says Coin Bureau Host Guy Turner

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The host of the Coin Bureau YouTube channel, Guy Turner, is bullish on an Ethereum (ETH) rival that’s more than tripled in price since October of 2023. In a new video, Turner tells the 2.41 million subscribers of the Coin Bureau channel that the native token of the layer-1 blockchain NEAR Protocol (NEAR) could go up by around 151% from the present level if the current conditions driving the upward trend persist. “If this demand-side momentum continues, NEAR could rally as high as $8 in the short term, consistent with the bull flag pattern which appears to be forming on the weekly and the zone of resistance from the previous crypto bull market which is likewise around $8. The fact that NEAR only has a market cap of around $3.5 billion means that it has a lot of room to grow relative to the other layer-1 blockchains.” Source: Coin Bureau/YouTube A bull flag is a continuation pattern that suggests an asset will continue rising after a consolidation peri...

Shiba Inu: ChatGPT Predicts 46% Rally if SHIB Does This

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Bears seem to control Shiba Inu’s (SHIB) current price movements. The popular meme coin has faced a 4% correction in the weekly charts, but prices have surged 2.1% in the last 14 days and 7% over the previous month. However, the asset is still down 29% since February 2023. Also Read: Shiba Inu Spiked 700,000%, Dogecoin 194,000%: Can This Repeat in 2024? Source: CoinGecko Also Read: Shiba Inu: How Many SHIB You Need To Make $10 Million if It Hits $0.01? SHIB has struggled to delete a zero from its price, which it gained in December last year. The $0.00001 resistance level has proven to be a formidable price point. ChatGPT predicts Shiba Inu’s (SHIB) movements Source – CoinCodex According to the popular Artificial Intelligence (AI) chatbot ChatGPT, Shiba Inu (SHIB) may turn bullish over the next few weeks, and investors may see the $0.00001 level very soon. If buyers can sustain the momentum, the chatbot anticipates SHIB to hit the $0.000014 mark. Reaching ...