Debridge kicked off its LFG Vault for DBR tokens, giving active members of its ecosystem and Jupiter’s community an exclusive opportunity to acquire tokens at a locked-in price. With a focus on fairness and stability, the launch introduced a new token sale model designed to curb gas wars and market volatility. Debridge Releases A New […]
The DTCC aims to invite market participants to address pain points and let clients try DTCC products on their own use cases.
submitted by /u/partymsl [link] [comments]
According to a technical analysis from analyst Xanrox, the Bitcoin price is on the road to reaching the $130,000 mark in the next few months. Notably, this bullish price target might go unnoticed as one of many positive predictions that have surrounded the Bitcoin price in recent times. However, Xanrox’s prediction is intriguing as it also comes with a bearish outlook after the price target is fulfilled. To support his forecast, Xanrox relied on a combination of Fibonacci extensions and Elliott impulse waves, two of the most popular analysis tools. Together, these tools allowed Xanrox to not only pinpoint a journey to the $130,000 target but also a sharp retracement to $60,000, Bitcoin Price Roadmap To $130,000 Taking to TradingView to share his views, crypto analyst Xanrox highlighted that the Bitcoin price is now on its way to playing out the fifth Elliot impulse wave, having already completed the fourth impulse wave in August. Related Reading: Crypto Analyst Identifies Bull Flag That Could Send Solana Price To $1,400 Impulse waves, which are five in total, are a part of the two main types of waves in the Elliot Wave theory, with the other being corrective waves. An impulse wave is a strong, directional movement in the market that goes in the direction of the overall trend. These waves are divided into five sub-waves, labeled 1 one through 5. The odd-numbered waves (1, 3, and 5) represent the driving forces behind the trend, while the even-numbered waves (2 and 4) are periods of consolidation that provide a pause before the next leg of the trend. According to Xanrox’s analysis, Bitcoin officially kicked off Wave 5 after it hit a correction low of $49,000 in August. This marked the end of Wave 4, which had acted as a consolidation period following the dramatic rally seen during Wave 3, with the Bitcoin price reaching a new all-time high. Now, with the final impulse wave underway, the focus has shifted to how high Bitcoin might climb. To predict the potential peak of Wave 5, Xanrox employed Fibonacci extensions. Interestingly, when the Fibonacci extension is applied from the Wave 4 low, the 0.618 Fib extension aligns perfectly with a major trendline that has marked the peaks of both Wave 1 and Wave 3. As such, this suggests that the 0.618 Fib extension could play a pivotal role in the next phase of Bitcoin’s price action. At the point of this intersection lies a price target of $130,000, which represents a significant 100% increase from the current levels. Related Reading: XRP Price Growth: Analyst Breaks Down The Movements And Why It’s So What Next After $130,000? Xanrox’s outlook doesn’t end with just a bullish price target. The analyst also cautioned and highlighted the possibility of a sharp reversal after Bitcoin reaches its fifth-wave peak. Drawing on patterns, he noted that Bitcoin’s previous waves have experienced significant corrections between 70% and 80% once the impulse wave cycle concludes. For this reason, Xanrox predicted that Bitcoin could crash rapidly to $60,000 after reaching $130,000, likely by January 2025. Featured image created with Dall.E, chart from Tradingview.com
I want to swap ETH to BTC and a website requires to send using the main ETH network. Is it ERC 20? I store ETH in Exodus in Windows 10. https://preview.redd.it/whknlb8gm6vd1.png?width=770&format=png&auto=webp&s=aaacb333e5df5b3244628d382339291504ac06ef submitted by /u/rookan [link] [comments]
submitted by /u/Odd-Radio-8500 [link] [comments]
I got contacted by someone on Reddit telling me to put 30€ on cake wallet which I did. But the problem arriving to the selling, he stopped answering to me and the app says that I don’t have enough ETH for the fees. I have 1.31 USD how much do I need to pay more…
Read more
Kraken has launched a new feature allowing its clients to restake their ether (ETH) directly on the platform through Eigenlayer. This integration, Kraken says, makes the relatively complex process of restaking more accessible to a broader audience, especially those who have already staked ether on Kraken. Kraken Introduces ETH Restaking to Broaden Defi Access Kraken’s […]
In 2023 alone, the Securities and Exchange Commission filed over 20 lawsuits against firms and individuals in the crypto industry.
Ethereum’s futures open interest hit a new all-time high, but data shows this feat is usually followed by an ETH price crash.
