The post Bitcoin(BTC), Ethereum(ETH) & Cardano(ADA) Price To Hit This Level During the Weekends?  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin(BTC) Price Analysis Yet another attempt of Bitcoin to breach through the $40K levels appears to have gone in vain but not completely vanished. BTC price is currently swinging within a very narrow range very close to $40,000. The asset is sustaining strong close to $40,000 since the beginning of the present-day trade. And hence …

The market is still in doubt, and the sideways trend has exhausted retail investors. Are we in the accumulation phase, or is this a temporary halt in a bear market? The Daily Chart: ETH has been trading above its dynamic support for more than a year, and the bears have not succeeded in breaking below. […]

Dogecoin has been on a downtrend for more than six months now. The meme coin which found favor in the eyes of investors had been able to rally to new highs but has been unable to replicate this success. Nevertheless, this has not been a deterrent for investors who continue to pour money into the digital asset. Most notable have been the whales as they accumulate massive amounts of Doge through its downtrend. Dogecoin Whales Not Giving Up Dogecoin is a long way from its $0.7 all-time high but that does not mean that investors believe that the digital asset is done for. In fact, Dogecoin whales themselves look to be the biggest believers of the meme coin given how much they have bought recently. These whales which hold the majority supply of the digital asset continue to add to their holdings at what can only be described as ‘discount prices.’ Related Reading | Bitcoin Jumps To $40k As Putin Sees “Positive Movement” In Negotiations IntoTheBlock documents cryptocurrencies and what percentages are held by larger wallets. Data from the site shows that Dogecoin whales have been ramping up their buying during the recent downtrend. Dogecoin which had recently crumbled to the $0.11 point saw a significant uptick in trading volume as these large wallets went on a shopping spree. DOGE trading at $0.115 | Source: DOGEUSD on TradingView.com Over a 24-hour time frame, these wallets had raised their holdings by another 6.8% putting the current percentage of Doge held by whales at 66%. It is a significant uptick given the low momentum that has rocked the altcoin of late. Doge has lost more than 60% of its all-time high value, presenting a buying opportunity for those interested. Still Making Money Even at what is categorized as low prices given how high the meme coin had rallied last year, the majority of Dogecoin holders are in no way losing money. IntoTheBlock shows that 54% of all Doge holders are still in profit at current prices. Inversely, 45% of all holders are in the loss territory, so not much of a wide gap from their money-making counterparts. While only 1% remain in the neutral territory. Related Reading | Bitcoin Falls Below $40,000 Trimming The Gains From US Crypto Order As for market sentiment, indicators point to investors being mostly bearish in the digital asset. However, this does not seem to deter the meme coin’s whales as they have added millions of dollars worth of coins to their holdings. This move on the part of whales could point to a recovery trend in the near future. However, with so many investors still bearish, it may require higher accumulation numbers than currently recorded to move the needle that much. Featured image from Laptop Mag, chart from TradingView.com

On Thursday, the cryptocurrency market experienced another roller-coaster day, with some coins declining. One such example is Bitcoin which fell 5.9% to $39,432 when writing these words. The bitcoin market is still bearish, with prices dipping below $40,000 today. This comes after a slew of positive news about US President Joe Biden’s executive order that will likely focus more on the crypto sector. The crypto markets were not looking very promising today, with Bitcoin declining heavily and many other coins dropping as well. For example, Ether, the second-largest cryptocurrency, fell as much as 4.4% to $2,589.  Related Reading | TA: Ethereum Trims Gains, What Could Spark A Fresh Increase It’s still too early to tell if this will have any long-term effects on the industry, but the market has seen enough sell-offs already where people might want investments in other cryptocurrencies or even just gold until things calm down again. Bitcoin rose as much as 11% on Wednesday following an executive order from Biden that appears to frame digital assets in a positive light. However, those gains proved fleeting, and traders soon realized the news didn’t live up to their expectations. As a result, Bitcoin is once again trading near its average price over the recent two months ($39,000). The cryptocurrency markets were not immune to the bearish trend that has plagued US stocks over recent weeks. As a result, Bitcoin’s price took another leg lower, mirroring developments in traditional financial markets just as futures on both S&P 500 and Nasdaq 100 indexes turned negative sound the same time. This is not surprising, considering how closely correlated cryptocurrencies are with major indices like SP500 or NDX100. Related Reading | TA: Bitcoin Corrects Gains, Why Dips Could be Attractive In Short-term Bitcoin Performance Against Others It’s been a rough year for cryptocurrencies thus far, with Bitcoin outperforming Ethereum and falling 17.6% while NASDAQ has dropped 17.1%. However, in 5 days, BTC has continued its strong performance against Ethereum but underperformed against NASDAQ. On March 9th, Google searches for “Bitcoin” shot up dramatically, but in the last 24 hours, they’ve steadied and declined slightly. The trade volume, too, went down, resulting in a crash of BTC below $40,000 per coin. According to a recent survey, most people think that Bitcoin will be worth more than $60,000 by the end of 2022. However, there is a lot of fear right now surrounding Bitcoin crashes and the possibility of regulations. Only 5% of people surveyed by JPMorgan believe that BTC will be worth more than $100,000 by the end of 2022. Featured image from Pixabay, chart from Tradingview.com

14 Chrome Zero-Day Vulnerabilities Exploited in Attacks in 2021

The number of Chrome vulnerabilities exploited in malicious attacks has been increasing over the past years and Google believes several factors have contributed to this trend.

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Interoperable blockchain Polkadot is the most widely held altcoin among venture capital firms and hedge funds, according to a report from Messari. In an analysis of 57 funds, Messari found that over 24, or 42% of the funds, hold DOT, making the smart contract platform the most bet-on crypto asset on the market. “Additionally, as […]

The post Polkadot: The Most Widely Held Crypto Asset Among Venture Capitalists and Hedge Funds appeared first on Coin Bureau.

Solana has been up 0.85% in the last 24 hours. Currently, the price is hovering around the $80 mark, awaiting

The post has appeared first on thenewscrypto.com

As DeFi rose in popularity and NFT and GameFi exploded, gas fees on Ethereum increased, and other public blockchains rushed to launch in response.

The post Drowning Volume May Nullify the Mounting Buying Pressure on Solana, What’s Next for SOL Price?  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

With the recent spike, the crypto space had almost surpassed the $1.8 trillion mark. As the inflation rates made a huge noise and dragged the crypto space below. Bitcoin price had almost smashed $40,000 but now slid down below $39,000. The quick reversal halted the uptrend of most of the altcoins including Solana(SOL) price. The …

Bullish DOT price prediction ranges from $29.93 to $55. The DOT price might also reach $80 soon. DOT bearish market ...

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Ethereum (ether or ETH) is the native token of the Ethereum blockchain. The Ethereum blockchain is open-sourced and enables anyone to write smart contracts on it for the development of decentralized applications (dApps). Most of the dApps that are developed in the Ethereum blockchain are hosted as ERC-20 tokens which are in their hundreds of thousands. Presently, transactions in the tokens are carried out by using ether in buying the gas fees. What is Ethereum? Ethereum is a cryptocurrency that was co-founded by Russian Vitalik Buterin with other cofounders like Gavin Wood, Charles Hoskinson, and others in 2013. It raised over $18.3 million through its public sale of 60 million Ether in 2014 at an initial coin offering price of $0.311. It uses the Solidity programming language that is highly secured to ensure that assets stored in private wallets are saved from attacks. Ethereum is a community-driven coin that wants to ensure that everyone in the world can transact with ease and also launch their projects on the platform. The native token Ether attained an all-time high price of $4,891.70 on November 16th, 2021 during the bullish run of some of the top 100 cryptocurrencies. Let’s see the Ethereum price analysis for the coming years. Price Analysis of Ethereum Coin Flashback: Fundamental Analysis of Ethereum Fundamental analysis has to do with ways through which news and announcements can affect the price of an asset. In the Ethereum community, there is news that has increased the positive sentiments that investors have for it in the long term. In recent news, it was announced that the Ethereum blockchain will be migrating to the Proof-of-Stake (POS) consensus mechanism from the present Proof-of-Work (POW) algorithm that it uses. This news is a welcome development among the users of the Ethereum blockchain since the POS mechanism will reduce the high fees paid by users in carrying out transactions on the blockchain in the form of gas fees. This exorbitant fee is one of the reasons why Ethereum competitors are attracting projects that are previously launched on Ethereum to either move multi-chain or move away from it to platforms with almost the same capacity and minimal transaction fees. Also, in another news on continuous Ether burn is increasing the trust that investors have for the coin, since all the ETH burned are forever lost and can be traded again. Burning is a mechanism where a given quantity of a coin/token is sent to a dead wallet where it not never be transferred into circulation again. This reduces the quantity of the asset in circulation and can sometimes increase the price depending on the volume of buyers. Ever since the launch of the Ethereum London fork in August 2021, ETH worth over $1 billion had been burnt. Now, we shall use charts to discuss the price analysis of Ethereum. From the link above, the relative strength index (RSI) value of Ethereum is 46.79 which means that the present trend is weak since it lies between 30 and 50. More buyer’s pressure can change the present bearish trend to be bullish. The link above represents a 1day chart of ETH/USDT using the Keltner channel that helps to know the direction of a trend. Since the present candlestick is within the second part of the curve from the top and is bearish, the price of Ethereum might plummet further. From the link above, since the 200-MA is above the 100-MA, we can deduce that Ethereum is bullish in the long term. The section below shows the Ethereum (ETH) price prediction for the next five years. Ethereum Price Prediction 2022 By the end of the first quarter of 2022, the price of ETH might reach $2,870. However, it will be within the range of $2100 and $3,100 by the end of the second quarter of 2022. By the end of the third and fourth quarters of the year 2022, ETH prices will be within $2950 to $3,900 and $2,500 to $6,500 respectively. Ethereum Price Prediction 2023 The price of Ethereum might reach $7,000 by the end of the first quarter and $8,000 by the end of the second quarter. In the third and fourth quarters of 2023, ETH prices might be $6000 and $9000 respectively. Ethereum Price Prediction 2024 The price of Ethereum might reach $10,000 by the end of the first quarter and $12,000 by the end of the second quarter. In the third and fourth quarters of 2024, ETH prices might be $16000 and $19000 respectively. Ethereum Price Prediction 2025 The price of Ethereum might reach $17,000 by the end of the first quarter and $18,500 by the end of the second quarter. In the third and fourth quarters of 2025, ETH prices might be $20,000 and $22,000 respectively. Ethereum Price Prediction 2026 The price of Ethereum might … Continued

The post Ethereum Price Prediction 2022-2026-Will ETH Price Hit $6500 by the end of 2022? appeared first on Cryptoknowmics-Crypto News and Media Platform.

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