Ethereum risks 35% drop by June with ETH price confirming ‘ascending triangle’ fakeout
Nearly $170 million left Ethereum-based investment funds in 2022, signaling a drop in institutional demand.
Nearly $170 million left Ethereum-based investment funds in 2022, signaling a drop in institutional demand.
And like every year, we have a new round of doom and gloom news. Last year it was Evergrande and Omicron which were supposedly gonna plunge us into 2008 2.0. This year it's Fed rate hikes and the war in Ukraine. Which do have legitimate concerns. Just like I explained in my past post on…
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Proud to introduce you to Investomize – your cockpit for the Ethereum ecosystem available on iOS and Android. This first prototype allows you to: ✅ Aggregate all your Ethereum wallets in one app without having to share your private keys ✅ Track the developments of other people's wallets ✅ Create a watchlist with your favorite…
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Ukrainian FC Shakhtar Donetsk will sell its NFT collectibles on the Binance NFT marketplace. The club intends to auction off several signed jerseys to raise funds for Ukrainian citizens affected by the Russian-Ukrainian conflict. The auction will begin on May 7 and run for a week. Proceeds from the auction and NFT blind box sale…
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New industry report on the GameFi landscape traces its development from the embryonic stages to an established industry.
So yes after starting at icy White about a year ago i grew my CRO holding and kept investing into it. Saw the ads on F1 and other big events. Saw the great earn rates which i have been using for months now to generate interest since in the EU the interest is negative. So…
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As Bitcoin and Ethereum price remain bearish for the longest time now; barely hitting above $40,000 for BTC and not going over $3,000 for ETH, ApeCoin, on the other hand, is on fever-pitch with price prediction of up to $100 by 2030. And to think, the coin is just warming up. Both Bitcoin and Ethreum have been struggling and are down by 20% since April. Meanwhile, it’s all rainbows and sunshine recently for ApeCoin, a coin connected to the Bored Ape Yacht Club NFT collection that is now dubbed as a $7-billion coin. Suggested Reading | This Low-Cap DEX Altcoin Balloons 47% In The Face Of Crypto Market Stagnation Price Predictions Now, cryptocurrency titans and experts recently announced a price prediction for ApeCoin as it skyrockets to 50% in a week’s time following its NFT sale. Dimitrio Salampasis, a FinTech speaker and lecturer at Swinburne University of Technology, is very optimistic and bullish with ApeCoin. His current prediction is $45. However, he says ApeCoin will be worth $10 come 2030. The ongoing rush or hype with NFTs greatly impact the coin’s performace. Salampasis feels that crypto is overhyped at some point and it would gradually lose its value over time when the hype dies down. However, Salampasis believes that now is the best time to sell ApeCoin. However, some of his co-panelists think that it’s time to HODL APE. Still, a few percent say now is definitely the time to buy. Finder Co-Founder Fred Schebesta gave his forecast as well. He said APE could be valued at $20 by end of 2022, go higher at $50 by end of 2025, and finally shoot up to $100 by 2030. BTC total market cap at $738.16 billion on the daily chart | Source: TradingView.com What’s APE? ApeCoin is an Ethereum-based token of the Bored Ape Yacht Club (BAYC) NFT by Yuga Labs. They have over 10,000 unique digital bored ape art collections. ApeCoin DAO is also managed by the Ape Foundation. Investors who buy the Bored Ape NFTs are also eligible to claim APE tokens at zero costs. More so, investors can also resell them or even use them in their own product branding. ApeCoin has been soaring lately because unlike other cryptos, it has expanded to other markets like tapping on NFT and the metaverse. The possibilities and potential of crypto, NFT, and the blockchain in general are so limitless that it’s impossible to make a general forecast or prediction yet. APE – Shaking Grounds In The Metaverse APE is the token of the future. It is specifically engineered to support community-led activities in the APE ecosystem. It’s a decentralized protocol that will ultimately define a thriving culture in the metaverse. Doubters in the panelists say that APE’s surge is only based on hype while there are crypto gurus who believe that it is in for the long haul. Yuga Labs is now primed to be the blue chip in the NFT category especially after purchasing CryptoPunks. With their ecosystem and community, ApeCoin is bound to shake grounds in the metaverse. Suggested Reading | Tether (USDT) Q1 Trading Volume Plunges To $5.3 Trillion In Quarterly Low Featured image from The VR Soldier, chart from TradingView.com
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Bloomberg reported recently that Crypto.com’s ads featuring Matt Damon and a major cinematographer have cost it more than $100 million. It has now aired in at least 20 countries and has likely been very effective. https://www.nasdaq.com/articles/crypto.com-coin-is-a-bargain-if-their-ads-featuring-matt-damon-work News broke Wednesday that Los Angeles’ Staples Center, longtime home to the National Basketball Association dominating L.A. Lakers team,…
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