A OnePoll survey found that more than three-quarters of adult gamers have never heard of blockchain gaming or have never played a blockchain video game, indicating a huge untapped opportunity.
Gemini has announced a $2.18-billion distribution to its Earn program users 18 months after it suspended withdrawals.
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While liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives (LSDs) platforms gain 110,000 ether valued at $417.59 million. Swell Experiences Decline as Lido and Others See ETH Increases In the realm of decentralized finance (defi), liquid staking derivatives (LSDs) have finally recorded positive deposits after […]
Crypto analyst TechDev has offered a bullish narrative for the crypto market. He recently hinted that a parabolic move is imminent for Bitcoin and altcoins, following his statement that the market has entered an important phase in this bull cycle. Crypto Market Has Began “Macro Bullish Expansion” TechDev mentioned in an X (formerly Twitter) post that “the entire crypto market has just begun its first macro bullish expansion in three and a half years.” The analyst shared a bi-monthly chart of the total crypto market cap, which showed that the market was currently at a similar stage to 2020, just before the 2021 bull market came into full force and crypto tokens began to enjoy a significant upward trend. Related Reading: XRP Price Moves To Break Out Of 7-Year Accumulation, Analyst Highlights Possible 1,200% Rally From the chart he shared, one could also deduce that Tech Dev was hinting that the crypto tokens had completely undergone a healthy consolidation phase and were well primed for this parabolic move to the upside. That is why the crypto analyst made reference to the ‘macro bullish expansion,’ with these coins ready to break out from the range at which they have been trading for some time now. Crypto analyst Mikybull Crypto also seemed to agree with TechDev’s analysis. He shared a Bitcoin chart that showed that the flagship crypto was ready for its next leg up, which would send it to almost $90,000. Meanwhile, in an earlier X post, TechDev mentioned that Bitcoin and altcoins were “poised” to rip through the charts. He highlighted on the chart he shared that Bitcoin is about to have a God candle that would send it past its current all-time high (ATH) of $73,000. Altcoins were also at a stage where they would significantly move to the upside. TechDev had also previously suggested that Bitcoin was currently mirroring its price action from 2021, when the flagship crypto experienced a 1,200% price surge as it rose to $20,000. This raised the possibility of Bitcoin enjoying such a parabolic move again, which could send its price to almost $1 million. Bitcoin Is Still Consolidating For Now While TechDev suggested that a parabolic move for Bitcoin and altcoins is imminent, crypto analyst Rekt Capital has provided a different insight. He claimed that Bitcoin is showing signs that its recent rebound “has fed into the formation of another local top,” suggesting that this recent move wasn’t a continuation of the bull run just yet. Related Reading: Market Expert Says XRP Price Reaching $1,000 Is Inevitable, Here’s Why The crypto analyst added that history suggests that Bitcoin will likely continue to consolidate between $60,000 and $70,000 in the meantime. Crypto analyst Michaël van de Poppe also shared a similar sentiment as he noted that no breakout is happening yet for Bitcoin since the $70,000 resistance level was rejected. He added that he will like to see Bitcoin hold above $66,000 as that will confirm that “everything is fine.” Featured image created with Dall.E, chart from Tradingview.com
The new PlayDoge ($PLAY) presale has kicked off with a bang, having raised $250K in its opening day. With the project introducing a new Play-to-Earn (P2E) game to the meme coin market, PlayDoge is well-positioned between two hot crypto narratives, hinting a successful run is on the horizon. Its native $PLAY token hosts numerous utilities, […]
I'm investigating the question of why people choose to either invest or participate in a specific chain. So, as the title states, what about Ethereum drew you to it as an investment and community? submitted by /u/TheCryptoFrontier [link] [comments]
Bitcoin long-term holders are doing their best to avoid profit-taking despite sitting on BTC worth several times its purchase value.
Let’s just say that I’m not able to get a certain pharmaceutical drug in my country and so have to buy on the online black market. The “service” used to just accept bank transfer but now only accept bit coin. Crypto is something I know NOTHING about, for years I’ve tried to understand it (purely…
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