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‘Typically a Good Sign’: One Metric Is Flashing Bullish for Altcoins, According to Analytics Platform Santiment

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Crypto analytics firm Santiment says one metric is suddenly flashing bullish for altcoins as Bitcoin (BTC) reclaims $100,000. Santiment says that multiple altcoin projects are seeing a massive increase in whale transactions, including the stablecoin Dai (DAI), issued by Maker. According to Santiment, the increased buying of DAI is a bullish signal, indicating that investors are probably going to soon use the stablecoins to accumulate altcoins. “For stablecoins, increased activity is typically a good sign that large levels of funds are being prepared to be swapped for altcoins that are common with that stablecoin’s trading pair. For example, Dai (shown three times on this countdown [below]) is commonly associated with ETH-based assets.” Santiment shares a top-10 list of altcoins with a market cap of at least $500 million that are seeing the largest increase in whale transactions so far this week: “MakerDAO DAI on BNB: +800% DeXe Network D...

Speed and efficiency of BNBChain transactions

Speed and Efficiency of BNB Chain Transactions BNB Chain has established itself as one of the fastest and most efficient blockchain networks, offering a robust infrastructure for decentralized applications (dApps) and cryptocurrency transactions. Its performance is powered by advanced technology and a scalable design, making it an ideal choice for users and developers. One of the standout Features of BNB Chain is its transaction speed . Using a Proof-of-Staked-Authority (PoSA) consensus mechanism, the network processes transactions in seconds, enabling swift confirmations. This rapid transaction throughput is crucial for applications in decentralized finance (DeFi), gaming, and non-fungible tokens (NFTs), where delays can hinder user experience. Equally impressive is the chain’s efficiency . BNB Chain is optimized for high scalability, capable of handling thousands of transactions per second (TPS). This efficiency significantly reduces congestion, ensuring low transaction fees even du...

How AI Meets Decentralized Finance: A Revolutionary Convergence

How AI Meets Decentralized Finance: A Revolutionary Convergence! The integration of Artificial Intelligence (AI) with Decentralized Finance (DeFi) represents one of the most transformative technological collaborations of the 21st century. With AI’s capacity for complex data Analysis and decision-making, and DeFi’s ability to provide transparent, permissionless financial services, the synergy between these two domains has the potential to redefine how we interact with global financial systems. What is Decentralized Finance (DeFi)? DeFi leverages blockchain technology to build financial systems that are open, transparent, and decentralized. It eliminates intermediaries like banks, allowing users to lend, borrow, trade, and earn interest through smart contracts. DeFi’s growth has been explosive, with billions of dollars locked in protocols across multiple blockchain networks. The Role of AI in DeFi AI’s inclusion in DeFi brings enhanced efficiency, security, and sc...

Bitcoin Price Prediction: As BTC Flirts With $100K, Experts Say Consider This Best Crypto Wallet ICO For Supercharged Gains

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The Bitcoin price jumped over 2% in the last 24 hours to trade at $99,0044.08 as of 6:16 a.m. EST. The BTC price was able to breach the $100,000 barrier in the last 24 hours to soar to as high as $100,781.59. It has since retraced back below the psychological level, but is still up more than 5% on the 7-day time frame. Bitcoin Price Hovering Near The $100K Mark 4-hour chart for BTC/USDT (Source: TradingView ) The Bitcoin price is trying to flip the resistance level at $100,000 back into support as it trades in a positive price channel. Should the leading crypto manage to close a 4-hour candle above this technical barrier within the next 12 hours, BTC could continue to climb and rise to $102,674.45 in the short term. However, a rejection from the $100,000 resistance level could stop the Bitcoin price in its tracks and invalidate the bullish thesis. Traders might start to enter into a short position in the crypto in this alternative scenario. BTC could then end up testing the $97,...

How High Will LTC Surge If Litecoin ETF Is Approved?

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Exchange-traded funds (ETF) took the center stage in 2024. While Bitcoin (BTC) was seen shining in this arena, the community is looking forward to witnessing more cryptocurrencies join these ranks. Amidst this, prominent analysts highlighted how Litecoin (LTC) could be the next one to be approved. Following this, the altcoin saw a major spike. This further led to the community speculating a potential rise after the approval. Also Read: AMD Stock Target Falls, Is AMD Out of the AI Race in 2025? Diving Into A Recent Filing Source: Coins.ph Litecoin may be the next digital asset in the US to receive the crypto ETF green signal after Bitcoin and Ether in 2024, according to Canary Capital’s newly submitted updated S-1 form for its Canary Litecoin ETF. Following this, Bloomberg Senior ETF Analyst Eric Balchunas confirmed that the odds of an LTC ETF being approved were high. We had heard chatter that the Litecoin S-1 had gotten comments back from SEC. This looks to confirm that which bod...

US Inflation Rises to 2.9% in December 2024

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Falling in line with what many experts had projected, US inflation has risen to 2.9% in December of 2024. Indeed, the Bureau of Labor Statistics Consumer Price Index (CPI) for the month shows that the figure had increased over the 2.7% it recorded in November. This data was always poised to be critical for the US Federal Reserve as they began to chart their next steps. Moreover, the increased figure has given more evidence to the likelihood that the Central Bank will slow its interest rate cuts over the course of this year. BREAKING: US inflation rises to 2.9%. — Watcher.Guru (@WatcherGuru) January 15, 2025 Also Read: US Inflation Rises to 2.7% in November 2024 US Inflation Rises in December as Critical Federal Reserve Decision Looms Over the last several years, the United States has been engulfed in a horrid fight against inflation. The figure had reached a 40-year high, with interest rate cuts seeking to address the issue. Yet, in the final data report of 2024, things had not yet re...

Cross-Chain Bridges: Facilitating Seamless DeFi Integration

One of the biggest challenges facing DeFi today is the fragmentation of different blockchain networks. Each blockchain has its own set of rules, protocols, and native assets, making it difficult for users to transfer assets and interact with protocols across different chains. This is where cross-chain bridges come in. Cross-chain bridges offer a solution to this fragmentation and enable seamless integration across multiple blockchains. These bridges serve as a conduit for transferring assets, data, and tokens between otherwise isolated networks, facilitating the movement of value and enhancing liquidity within the DeFi ecosystem. What Are Cross-Chain Bridges? A cross-chain bridge is a decentralized protocol that enables the transfer of assets and data between different blockchain networks. In essence, it connects disparate blockchains, allowing users to move tokens or information between them without relying on centralized exchanges or intermediaries. This is crucial for a decentraliz...

‘We May Have a Breakout on Our Hands Here’: Analyst Says One Top-10 Altcoin Is Primed for a New All-Time High

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A widely followed cryptocurrency analyst believes payments altcoins XRP is gearing up for a run to a new all-time high. The analyst pseudonymously known as Credible Crypto tells his 453,500 followers on the social media platform X that the third-largest digital asset by market cap just shattered its immediate resistance. According to the trader, the move puts XRP in a position to surge to a fresh record high. “We may have a breakout on our hands here. Swing and spot positions looking great here and we continue to simply let those ride till a new ATH (all-time high). Will actively look for scalp long entries once more now that we’ve cleared local resistance. “ Source: Credible Crypto/X XRP is trading at $2.53 at time of writing, around 25% below the record high of $3.40 reached seven years ago. The pseudonymous analyst also says that XRP could outperform other crypto assets as it has done in the past. “XRP has a habit of running on its o...

Ethereum Price Prediction: ETH Jumps 2.7% After Dropping Below $3K As This New Solana Layer-2 Token Races Past $10 Million In Presale

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The Ethereum price surged 2.7% in the last 24 hours to trade at $3,240 as of 04:34 a.m. EST on trading volume that skyrocketed 170% to $40.5 billion. On January 13, Ethereum briefly dipped below the $3,000 mark, causing concern among investors. However, the cryptocurrency has since rebounded, regaining its position above this critical level. Ethereum Price Aims For A Bullish Trend Reversal The ETH price has been trading within a downtrend after failing to hold above key support levels near $3,300, as seen in the purple zone. This breakdown was preceded by a “lower high” formation, where each peak in price was lower than the previous one—indicative of waning bullish momentum. The breach of horizontal support around $3,200, pushed the price to a recent low at $2,900, according to data from GeckoTerminal . A recent bounce from below $3,000 suggests some buying interest at this psychological level, although the overall trend remains weak as the price consolidates nea...

Shiba Inu Price Prediction 25 Years From Today

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Shiba Inu is currently trading at the $0.00002 mark in January 2025 and is mostly moving sideways in the charts. SHIB did not experience a price spurt this year and is trading at a snail’s pace in the indices. The developers confirmed that the new Treat token will be launched on January 14 and will play a significant part in the SHIB ecosystem. Read here to know how Treat token could bolster Shiba Inu and help it achieve a new price milestone. Now that SHIB is trading with four zeroes, can it delete several zeroes and reach $0.01 25 years from today? In this article, we will highlight a price prediction for Shiba Inu 25 years from today to 2050. Also Read: XRP on Edge: SEC Appeal Looms as Ripple Countdown Hits Critical Stage Shiba Inu: 25 Years Price Prediction for SHIB Source: Instagram / Nickelpack / Kenta Hayashi Leading on-chain metrics and price prediction firm CoinCodex has painted a bullish picture for Shiba Inu in 25 years. According to the price prediction, SHIB could sur...

Shiba Inu: ChatGPT Predicts When SHIB Will Hit 5 Cents

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The second largest meme cryptocurrency, Shiba Inu (SHIB), has been struggling over the past couple of weeks. The asset took a hit in terms of price as well as ranking. SHIB slipped down to the 15th position as it endured a major setback. Amidst this, the community remained optimistic about the asset’s potential to go beyond 1 cent. Prominent artificial intelligence chatbot ChatGPT laid out a timeline for SHIB’s journey towards 5 cents. Also Read: Top 3 Cryptocurrencies To Buy During The Current Market Dip Shiba Inu’s Current Setback Source: Watcher Guru At press time, Shiba Inu was trading at $0.00002095 this comes after a 4.17% over the past 24 hours. The asset’s journey throughout January has been challenging. The meme coin has recorded a nearly 14% drop in the past seven days. Source: CoinMarketCap SHIB hit an all-time high of $0.00008845 back in 2021. This peak was achieved about three years ago and the meme coin is currently trading 76% below this level. In ...

Pepe Unchained Price Prediction: PEPU Is No. 1 Trending Meme Coin On GeckoTerminal After 41% Jump – Will Wall Street Pepe Pump Next?

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The Pepe Unchained price jumped 41% in the last 24 hours to trade at $0.01551 as of 8:44 p.m. EST on trading volume that surged 183% to $13.63 million, according to CoinGecko. Pepe Unchained Price Aims For A Bullish Continuation The PEPU price Analysis on the 4-hour timeframe shows significant bullish momentum after a period of consolidation. The breakout from a falling channel pattern has propelled the Pepe Unchained price higher, and the market is now showing signs of continuation to the upside. The breakout has been accompanied by strong bullish candles, indicating buyer dominance. Key horizontal resistance levels are visible near $0.018 and $0.025, with the latter being a long-term target. Based on our previous Analysis , the Pepe Unchained price has surpassed the $0.012 and the $0.0145 resistance levels, which are now acting as the immediate support levels. The price of PEPU now trades above the 50-day Simple Moving Average (SMA) around $0.01082, supporting the general bull...

Next Cryptocurrency to Explode, 10 January — Snek, ai16z, Safe, IOTA

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The altcoin market looks promising, and many altcoins are recording gains. Late last year, the cryptocurrency market experienced heightened volatility as several tokens experienced price fluctuations. But things have mostly been on the green side for many investors since November. Investors need to stay alert during this consolidation phase, as it could be a chance to catch a ride on a rising trend. Prices of various altcoins are already showing positive movements, even before the market takes off entirely. This article is dedicated to identifying the next cryptocurrencies to explode and inform investors and traders about each token. Next Cryptocurrency To Explode Savvy investors capitalized on this year’s boom in the altcoin market and taking positions in upcoming tokens like the Meme Index. Meme Index simplifies investing in meme coins by offering exposure to a curated collection of meme coins, reducing individual risks. 1. Snek (SNEK) SNEK has quickly gained a loyal and ...