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Showing posts from March, 2024

Litecoin Price Prediction for Today, March 31 – LTC Technical Analysis

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The Litecoin price prediction escalates, but a break above $110 is expected to push the coin toward the resistance level of $120 in the coming trading sessions. Litecoin Bullish Breakout Targets $120 Amid Market Uncertainty Litecoin (LTC) demonstrates exceptional performance, setting itself apart from many other major assets. The LTC price displays a V-shaped recovery on the daily chart, indicating a potential breakout from a longstanding triangle pattern. This suggests a bullish trend, contrasting with the broader market’s cautious stance. Notably, Litecoin’s positive momentum stands out as it bounces back from a $77 support level seen in late March, successfully overcoming the recent market correction. Litecoin Price Statistics Data: Litecoin price now – $105 Litecoin market cap – $7.8 billion Litecoin circulating supply – 74.3 million Litecoin total supply – 84 million Litecoin Coinmarketcap ranking – #20 LTC/USD Market Key Levels: Resistance levels: $120, $125, $130 S

Best Crypto to Buy Now March 30 – Klaytn, Neo, Qtum 

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We cover some contenders for the best cryptocurrency to buy right now, potentially worth adding to your watchlist over the coming days. The crypto world is abuzz with anticipation following the Bitcoin halving, with predictions soaring for a major bull run. Some experts even forecast values reaching unprecedented highs. This spotlight extends beyond Bitcoin to other digital assets like Solana, with investors speculating about potential surges in their value. Also, investors are considering altcoins such as Klatyn, Neo, and Qtum.  Best Crypto to Buy Now   Klaytn has been gaining attention for its ambitious aim to facilitate various applications of blockchain technology worldwide. Meanwhile, Solana is currently trading at $185.14, showing an optimistic trend. Its price surpasses the 10-day and 100-day moving averages of $184.36 and $120.12, respectively. As of today, the price of Qtum is valued at $4.77, with a 24-hour trading volume of $76.70 million. 1. Solana (SOL) Solana is cur

Three Crypto AI Projects Announce Merger To Form ‘The Superintelligence Alliance’ With New Token in the Works

Fetch.ai (FET), Singularitynet (AGIX) and Ocean Protocol (OCEAN) are merging to create the largest independent player in artificial intelligence (AI) research and development. In a statement, Fetch.ai says it is melding minds with the two other blockchain-based artificial intelligence (AI) platforms to form The Super intelligence Alliance. “The Super intelligence Alliance is a united stand against the big tech’s control over technology. We’re joining forces to change the game on how AI is created, shared, and used by everyone leaning into the principles of decentralization to accomplish an open and equitable form of AI.” The objective is to enable the newly formed alliance to compete with leading centralized entities. “The resources needed to win this competition are immense and the solution needs to be vertically integrated into the whole technology stack, including infrastructure like data management, AI Agents, and models and predictions. The Alliance bri

Under-the-Radar Memecoin That’s Exploded Over 5,800% in a Month on the Cusp of an ‘Epic Sprint’, Says Trader

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Cryptocurrency analyst and trader Ali Martinez is expressing bullish sentiment on an altcoin built on the Ethereum (ETH) scaling solution Base. Martinez tells his 55,200 followers on the social media platform X that the memecoin Brett (BRETT) could appreciate by around 57% from the current level. The analyst, however, warns that a correction of around 25% from the current level could occur first. “The memecoin craze might seem to be cooling off, but I believe it’s just warming up. BRETT on Base is one of those that is gearing up for an epic sprint! Before soaring, BRETT might dip to the $0.038 support, setting the stage for a bullish breakout to $0.080!” Based on the analyst’s chart, it appears that the memecoin is forming an ascending triangle pattern in the one-hour time frame. An ascending triangle pattern is considered bullish once the price breaks out of the upper resistance level. Source: ali_charts/X BRETT is trading at $0.0509 at time of writing, up b

UK’s FCA Targets Meme Coins and Misleading Crypto Promotions

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In the exciting and often unpredictable world of crypto, meme coins have fascinated many people who jumped in in the hopes of getting rich quickly. Yet the UK’s Financial Conduct Authority (FCA) is cracking down on misleading promotions in this space. The FCA has issued a warning to financial influencers, or “finfluencers,” who might be sharing deceptive advice online, including endorsements of popular crypto memes. The regulator emphasizes that financial advice must be clear, fair, and not misleading, with violators facing severe penalties, including up to two years in prison, unlimited fines, or both. FCA’s Warning to Crypto Influencers Lucy Castledine, the FCA’s director of consumer investments, stressed the importance of legality in promotions, stating, Promotions aren’t just about the likes, they’re about the law. We will take action against those touting financial products illegally. Additionally, influencers are required to disclose any financial interests in the assets th

Bitbot’s presale officially surpasses $1.5m as stage 7 nears completion

Key takeaways Bitbot has raised more than $1.5 million in its presale so far.  The project is offering $100k free airdrop to users ahead of its token launch. The cryptocurrency market has been bullish this week, with Bitcoin returning to the sub-$70k region. With the market still bullish, investment continues to flow into nascent projects.  Bitbot is looking to ease the trading process for traders. The project has so far raised a substantial amount to help it roll out its products.  What is Bitbot? Bitbot is an exciting Web3 project designed to provide excellent services to cryptocurrency traders. It is a Telegram trading bot that offers users access to high-end trading features.   Ideally,  Bitbot can best be termed as a self-custodial trading bot that enables users to trade via their cold wallets on Telegram. Investors in this project and its users would have a unique value proposition. Bitbot will leverage Telegram’s position as a leading social

Forbes Reveals Ripple Benefitted From $300B Influx: Can XRP Hit $1?

According to Forbes Senior Contributor Billy Bambrough, the recent $300 billion influx into the cryptocurrency market has provided a significant boost to major cryptocurrencies like Ripple (XRP). Bambrough highlighted that Bitcoin has surpassed the $70,000 mark, nearing its all-time high of $73,850 in the past 24 hours. Similarly, Ripple (XRP) and other leading coins have witnessed sharp rallies. This has contributed to the $300 billion increase in the total crypto market capitalization over the past week. Also read: Ripple Analyst Predicts When XRP Will Hit Cycle Top Goldman Sachs Reveals Bitcoin Game-Changer As $300 Billion Price Earthquake Hits Ethereum, XRP And Crypto Market https://t.co/a9k5e0l65m pic.twitter.com/S2NOHBkrMT — Forbes (@Forbes) March 25, 2024 Ripple (XRP), in particular, ranks among the top performers, reaching an intraday high of $0.6594 after rallying by 5.1%. Over the past seven days, the asset has been up by an impressive 4.5% from a low

Dogwifhat Price Prediction: WIF Soars 18%, But Experts Say This 2.0 Meme Coin Might 100X Again

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The Dogwifhat price rose 18% in the last 24 hours to trade at $3.29 as of 00:43 a.m. EST on trading volume that surged 50% to $807 million. Dogwifhat is the biggest gainer among the top five meme coin titans with a 63% surge in the last week. This comes as the meme coin sector gains around 5% to record a market capitalization of $63.5 billion. Dogwifhat Price Set To Soar To A New ATH WIFUSD Chart Analysis Source: Tradingview.com The Dogwifhat price has been on a tear in the past month, recording 814% increase in the last 30 days. In this period, WIF registered a new all-time high of $3.47 on March 15, before a slight retrace back to the major support zone at $2.2. The WIF bulls have used the $2.2 support level to push the price higher through a markup phase, before experiencing resistance at $3.44. WIF is currently trading within this range, with the price movements resembling a bullish pennant. The Dogwifhat bulls aim to use the pennant to push the price higher, surpassing the

KuCoin and two founders hit with money laundering charges

US DOJ has hit KuCoin and two founders with money laundering charges. KCS price fell sharply after the news. The US Justice Department has charged KuCoin and two co- founders of the Crypto exchange for operating “an unlicensed money transmitting business and for Bank Secrecy Act violations. An announcement the US released on Tuesday, March 26 indicated the US had charged Chun Gan and Ke Tang for flouting US anti-money laundering laws as they sought to grow the exchange into one of the largest in the world today. “As today’s Indictment alleges, KuCoin and its founders deliberately sought to conceal the fact that substantial numbers of U.S. users were trading on KuCoin’s platform,” US Attorney Damian Williams said in a press release. Williams added” “KuCoin allegedly took advantage of its sizeable US customer base to become one of the world’s largest cryptocurrency derivatives and spot exchanges, with billions of dollars of daily trades and trillions of d

Ripple: XRP Forecasted To Rise 15 Cents, Reach $ 0.79

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Ripple ’s native cryptocurrency XRP hovered around the $0.64 mark on Tuesday and is up nearly 3% in 24 hours. The cryptocurrency spiked close to 20% in the last 30 days delivering decent returns to investors this month. The Bitcoin halving event is coming closer which could make leading altcoins rally and hit new monthly highs. Also Read: VeChain Cryptocurrency: Can VET Deliver Profits in April 2024? Source: Coingecko For the uninitiated, the Bitcoin halving event is scheduled to take place on April 20, 2024. The development will cut Bitcoin’s supply in half making BTC sustainable and scale up in the charts due to scarcity. On the heels of the Bitcoin halving, Ripple ’s XRP is forecasted to rally and reach a new monthly high. Ripple: XRP Could Reach $0.79, Rise 24% Source – CryptoSlate Leading on-chain metrics and price prediction firm CoinCodex has painted a rosy picture for Ripple ’s XRP for this weekend. According to the price prediction, Ripple ’s native cryptocurrenc

Ripple (XRP) Forecasted to Hit $1.2: Here's When

Ripple (XRP) is on the verge of a major price breakthrough, according to recent Analysis by prominent crypto analysts. XRP is poised to close its three-monthly candle in March by breaking the multi-year resistance. This indicates a potentially significant move in the near future, despite the negativity surrounding the crypto market. Crypto analyst EGRAG Crypto has identified a well-aligned “W” pattern in XRP’s price chart. It suggests that the tenth wave could propel the cryptocurrency to new heights. The analyst predicts that XRP could reach a target price of $1 on a non-logarithmic scale and $1.2 on a logarithmic scale. Also read: Shiba Inu vs. Dogecoin: ChatGPT Predicts If SHIB Can Outperform DOGE #XRP Wave 10 ( $1 – $1.2) : The 10th "W" Pattern is exceptionally well-aligned with the current market setup, signaling a potentially significant move. Target Prices Remain Consistent: 1) Non-Logarithmic: $1 2) Logarithmic: $1.2#XRPArmy STAY STEADY and Appreciate th

Binance executive held in Nigeria reportedly escapes from custody

One of the two Binance executives held in Nigeria has reportedly escaped from custody, according to a local media outlet .  Binance is the world’s largest crypto exchange by trading volume and has faced a rough time in Nigeria over the past several months. Binance exec escapes from Nigeria Details on Monday claimed that Nadeem Anjarwalla, a 38-year old UK national who has been in detention in Nigeria, escaped via a Middle-Eastern airline. He allegedly used a fake passport to board the flight on Friday, March 22. Sources familiar with the development say Anjarwalla made the escape after he was taken to a Mosque for prayers. Nadeem Anjarwalla, the regional manager for Binance in Africa and his colleague Tigran Gambaryan, head of criminal investigations at Binance, were arrested on February 26. Gambaryan is a US citizen. The two execs’ detention followed a crackdown on the Binance crypto exchange by the Nigerian government, amid allegations of currency manipul

Bitcoin Addresses Add $1.6 Billion In BTC In A Single Day – Price Recovery Soon?

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The price performance of Bitcoin over the past week has been a source of concern for the majority of the crypto community. This has pretty much been the case for other cryptocurrencies in the market, with several large-cap tokens reversing their recently-accrued profits. However, some investors are treating the recent price decline as a rare opportunity in the bull market as they continue to load their bags with assets of their choice. Specifically, the latest on-chain data shows significant buying activity amongst a certain class of investors.  25,000 BTC Flow Into Accumulation Addresses In One Day Prominent crypto pundit Ali Martinez revealed, via a post on X, that more than 25,000 BTC (valued at approximately $1.6 billion) was moved to accumulation addresses on Friday, March 22. This figure represents the highest amount transferred to these wallets in a single day so far in 2023.

Dogecoin Whale Activity Surges 600%: $1 Dream Within Reach?

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The cryptocurrency market is famously unpredictable, with prices skyrocketing one moment and crashing the next. Dogecoin, initially a light-hearted meme-inspired cryptocurrency, has recently regained attention as its value surged amidst significant whale activity. When Bitcoin, the dominant cryptocurrency, dipped to the $62,000 range due to ETF market outflows, Dogecoin followed suit, plunging to $0.1252 on Wednesday. However, it swiftly rebounded, trading at $0.1567 with a notable 5% daily increase. Source This rapid recovery was partly fueled by Coinbase’s announcement of its plan to introduce Dogecoin futures trading. This move allows traders to hedge against future cryptocurrency value fluctuations using smart contracts. Also Read: Dogecoin (DOGE) Weekend Price Prediction Whale Activity Surges Notably, large investors, referred to as whales, have taken notice of Dogecoin ’s resurgence. According to IntoTheBlock, there has been a remarkable 600% increase in DOGE transa