Crypto Journey2030
0 Following
71 Followers
126 Liked
7 Shared
PINNED
$#HotTrends ##USTCsurge #USTC/USDT $$$$$USTC $$$$$$ will Rises soon🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀As And Holders Hit Record High
USTC holders hit a new high of 5.5 million. The rate of increase is comparatively low to the post-Terra Luna crisis in 2022, but the number of wallets holding Terra Luna Classic ecosystem tokens continues to rise, primarily due to support from Binance and other crypto exchanges.
Terra Luna Classic Wallets Rises Over 5.5 Million
The number of accounts holding LUNC and USTC reaches a new landmark of 5.5 million, as per data by Cosmos blockchain explorer ATOMScan. The wallets have increased from 5 million when the Terra Luna Classic community backed by validators and developers took charge to revive the chain.
Terra Classic accounts are even higher than top cryptocurrencies such as Cardano and Shiba Inu. As per recent reports, the total number of wallets on the Cardano network surpassed 4.6 million. Moreover, the number of Shiba Inu holders has reached 1.38 million, according to data by Etherscan and ShibariumScan.
While top cryptocurrencies’ wallet numbers continue to rise amid growing crypto adoption, Terra Luna Classic wallet numbers hint at people still holding onto their LUNC and USTC in hopes of prices recovering during the bull market.
Terra Luna Classic burn campaign supported by crypto exchange Binance has boosted LUNC prices. Binance has burned a total of 53.48 billion LUNC tokens to date. Other crypto exchanges and projects also burn LUNC to support the community in reducing the token supply. Recently, WEEX has committed to burn LUNC with trading fees on spot and futures trading pairs.
USTC price also jumped 2% in the last 24 hours. The price currently trades at $0.0259, with a 24-hour low and high of $0.0243 and $0.0266, respectively. Furthermore, trading volume has decreased by 40% in the past 24 hours.
USTC holders hit a new high of 5.5 million. The rate of increase is comparatively low to the post-Terra Luna crisis in 2022, but the number of wallets holding Terra Luna Classic ecosystem tokens continues to rise, primarily due to support from Binance and other crypto exchanges.
Terra Luna Classic Wallets Rises Over 5.5 Million
The number of accounts holding LUNC and USTC reaches a new landmark of 5.5 million, as per data by Cosmos blockchain explorer ATOMScan. The wallets have increased from 5 million when the Terra Luna Classic community backed by validators and developers took charge to revive the chain.
Terra Classic accounts are even higher than top cryptocurrencies such as Cardano and Shiba Inu. As per recent reports, the total number of wallets on the Cardano network surpassed 4.6 million. Moreover, the number of Shiba Inu holders has reached 1.38 million, according to data by Etherscan and ShibariumScan.
While top cryptocurrencies’ wallet numbers continue to rise amid growing crypto adoption, Terra Luna Classic wallet numbers hint at people still holding onto their LUNC and USTC in hopes of prices recovering during the bull market.
Terra Luna Classic burn campaign supported by crypto exchange Binance has boosted LUNC prices. Binance has burned a total of 53.48 billion LUNC tokens to date. Other crypto exchanges and projects also burn LUNC to support the community in reducing the token supply. Recently, WEEX has committed to burn LUNC with trading fees on spot and futures trading pairs.
USTC price also jumped 2% in the last 24 hours. The price currently trades at $0.0259, with a 24-hour low and high of $0.0243 and $0.0266, respectively. Furthermore, trading volume has decreased by 40% in the past 24 hours.
PINNED
New Billionaires
CEOs Chris Larsen and Brad Garlinghouse
Ripple’s XRP worst performing crypto asset!!!!
XRP closed 2019, 2020, 2021, 2022, 2023 as the worst performing cryptocurrency . Unfortunately for holders, that trend has persisted so far
the year, Ripple CEO Brad Garlinghouse revealed that Ripple would not be profitable or cash flow positive without selling XRP,
indicating that its XRP sales were indeed helping to finance the business,"
sales of XRP have been an explosive issue within the crypto industry. On the one hand, Ripple has always been clear and transparent in revealing its sales, stating publicly that the company does not care much about the price of XRP, and that it does not intend to permanently end this practice. On the other hand, XRP holders—the ones affected by these token dumps—have been vocal on social media in expressing their discontent.
Two of the newest billionaires who have enjoyed massive windfalls from the success of XRP are Ripple's current and former CEOs Chris Larsen and Brad Garlinghouse.
There could be more headaches in the future. Investors who are thinking of adding Ripple to their portfolios need to understand that this will always be a risk. This is especially true considering Ripple's strategy
Ripple sold over $104 million in XRP this month, double their usual amount. The increased sales coincided with a rise in Ripple's public marketing efforts, adding to the mystery behind their strategy. Community members are curious about Ripple's funding delays and how these sales might affect the XRP market.
CEOs Chris Larsen and Brad Garlinghouse
Ripple’s XRP worst performing crypto asset!!!!
XRP closed 2019, 2020, 2021, 2022, 2023 as the worst performing cryptocurrency . Unfortunately for holders, that trend has persisted so far
the year, Ripple CEO Brad Garlinghouse revealed that Ripple would not be profitable or cash flow positive without selling XRP,
indicating that its XRP sales were indeed helping to finance the business,"
sales of XRP have been an explosive issue within the crypto industry. On the one hand, Ripple has always been clear and transparent in revealing its sales, stating publicly that the company does not care much about the price of XRP, and that it does not intend to permanently end this practice. On the other hand, XRP holders—the ones affected by these token dumps—have been vocal on social media in expressing their discontent.
Two of the newest billionaires who have enjoyed massive windfalls from the success of XRP are Ripple's current and former CEOs Chris Larsen and Brad Garlinghouse.
There could be more headaches in the future. Investors who are thinking of adding Ripple to their portfolios need to understand that this will always be a risk. This is especially true considering Ripple's strategy
Ripple sold over $104 million in XRP this month, double their usual amount. The increased sales coincided with a rise in Ripple's public marketing efforts, adding to the mystery behind their strategy. Community members are curious about Ripple's funding delays and how these sales might affect the XRP market.
See original
My Code: 0xc4fb15a927a5a4945fd8df414da6d25d814a00fd
#BinanceMegadrop
Node | Step By Step 👇👇
The process is remarkably simple: easy to use
Download the DeNet Storage app on your smartphone (iOS and Android compatible).
Turn on the Watcher Node with a single tap.
Check file parts on the network and earn.
From that moment forward, your phone will work in the background, periodically checking for sufficient copies of file parts stored on the DeNet network. If any file part has fewer copies, your Watcher Node automatically alerts the Datakeepers network to generate more replications.
By actively participating in the network, users earn $WN for every file part they check. The more files the Watcher Node processes, the greater potential earnings. Earning $WN also determines the eligibility for the upcoming DeNet token and Datakeeper node airdrop on the peaq network.
• By actively participating in the network, users earn $WN for every file part they check. The more files the Watcher Node processes, the greater potential earnings. Earning $WN also determines the eligibility for the upcoming DeNet token and Datakeeper node airdrop on the peaq network.
• What is Peaq Token ?
Will be share in the next update stay tuned
Yo! You gotta check this out. I'm running a Watcher Node right on my phone and earning crypto 🤯
It's super chill way to monetize your phone. Use my code when you sign up and bam - instant 1000 $WN bonus! 😎
My Code: 0xc4fb15a927a5a4945fd8df414da6d25d814a00fd
Sign up for free here: https://links.denet.app/mobile?referrer=0xc4fb15a927a5a4945fd8df414da6d25d814a00fd
Node | Step By Step 👇👇
The process is remarkably simple: easy to use
Download the DeNet Storage app on your smartphone (iOS and Android compatible).
Turn on the Watcher Node with a single tap.
Check file parts on the network and earn.
From that moment forward, your phone will work in the background, periodically checking for sufficient copies of file parts stored on the DeNet network. If any file part has fewer copies, your Watcher Node automatically alerts the Datakeepers network to generate more replications.
By actively participating in the network, users earn $WN for every file part they check. The more files the Watcher Node processes, the greater potential earnings. Earning $WN also determines the eligibility for the upcoming DeNet token and Datakeeper node airdrop on the peaq network.
• By actively participating in the network, users earn $WN for every file part they check. The more files the Watcher Node processes, the greater potential earnings. Earning $WN also determines the eligibility for the upcoming DeNet token and Datakeeper node airdrop on the peaq network.
• What is Peaq Token ?
Will be share in the next update stay tuned
Yo! You gotta check this out. I'm running a Watcher Node right on my phone and earning crypto 🤯
It's super chill way to monetize your phone. Use my code when you sign up and bam - instant 1000 $WN bonus! 😎
My Code: 0xc4fb15a927a5a4945fd8df414da6d25d814a00fd
Sign up for free here: https://links.denet.app/mobile?referrer=0xc4fb15a927a5a4945fd8df414da6d25d814a00fd
#BinanceMegadrop
Node | Step By Step 👇👇
The process is remarkably simple: easy to use
Download the DeNet Storage app on your smartphone (iOS and Android compatible).
Turn on the Watcher Node with a single tap.
Check file parts on the network and earn.
From that moment forward, your phone will work in the background, periodically checking for sufficient copies of file parts stored on the DeNet network. If any file part has fewer copies, your Watcher Node automatically alerts the Datakeepers network to generate more replications.
By actively participating in the network, users earn $WN for every file part they check. The more files the Watcher Node processes, the greater potential earnings. Earning $WN also determines the eligibility for the upcoming DeNet token and Datakeeper node airdrop on the peaq network.
• By actively participating in the network, users earn $WN for every file part they check. The more files the Watcher Node processes, the greater potential earnings. Earning $WN also determines the eligibility for the upcoming DeNet token and Datakeeper node airdrop on the peaq network.
• What is Peaq Token ?
Will be share in the next update stay tuned
Yo! You gotta check this out. I'm running a Watcher Node right on my phone and earning crypto 🤯
It's super chill way to monetize your phone. Use my code when you sign up and bam - instant 1000 $WN bonus! 😎
My Code: 0xc4fb15a927a5a4945fd8df414da6d25d814a00fd
Sign up for free here: https://links.denet.app/mobile?referrer=0xc4fb15a927a5a4945fd8df414da6d25d814a00fd
Node | Step By Step 👇👇
The process is remarkably simple: easy to use
Download the DeNet Storage app on your smartphone (iOS and Android compatible).
Turn on the Watcher Node with a single tap.
Check file parts on the network and earn.
From that moment forward, your phone will work in the background, periodically checking for sufficient copies of file parts stored on the DeNet network. If any file part has fewer copies, your Watcher Node automatically alerts the Datakeepers network to generate more replications.
By actively participating in the network, users earn $WN for every file part they check. The more files the Watcher Node processes, the greater potential earnings. Earning $WN also determines the eligibility for the upcoming DeNet token and Datakeeper node airdrop on the peaq network.
• By actively participating in the network, users earn $WN for every file part they check. The more files the Watcher Node processes, the greater potential earnings. Earning $WN also determines the eligibility for the upcoming DeNet token and Datakeeper node airdrop on the peaq network.
• What is Peaq Token ?
Will be share in the next update stay tuned
Yo! You gotta check this out. I'm running a Watcher Node right on my phone and earning crypto 🤯
It's super chill way to monetize your phone. Use my code when you sign up and bam - instant 1000 $WN bonus! 😎
My Code: 0xc4fb15a927a5a4945fd8df414da6d25d814a00fd
Sign up for free here: https://links.denet.app/mobile?referrer=0xc4fb15a927a5a4945fd8df414da6d25d814a00fd

Sign Up

Bit-Insight-Hub
Nov 19, 2024
Follow
This content contains potentially risky contract addresses
**🚀 Join the DeNet Airdrop Revolution! 🚀**
🌟 **Claim Your Share of the Future**:
DeNet is transforming decentralized storage by letting YOU become part of the ecosystem. Whether you’re a tech enthusiast or just someone with unused storage, there’s room for everyone to profit.
### Why Join?
✅ **$WN, TBY, and DENET Tokens**: Participate now to secure these valuable assets ahead of their peaq network debut.
✅ **Easy Rewards**: Activate a Watcher Node in minutes or rent out your disk space to earn passive income.
✅ **Pioneer Benefits**: Early adopters will enjoy exclusive perks and higher earning potential.
### What’s the Buzz About?
- **Eco-Friendly Tech**: Empowering decentralized, private, and scalable data storage.
JOIN Link:
Yo! You gotta check this out. I'm running a Watcher Node right on my phone and earning crypto 🤯
It's super chill way to monetize your phone. Use my code when you sign up and bam - instant 1000 $WN bonus! 😎
Yo! You gotta check this out. I'm running a Watcher Node right on my phone and earning crypto 🤯
It's super chill way to monetize your phone. Use my code when you sign up and bam - instant 1000 $WN bonus! 😎
My Code: 0xc4fb15a927a5a4945fd8df414da6d25d814a00fd
Sign up for free here: https://links.denet.app/mobile?referrer=0xc4fb15a927a5a4945fd8df414da6d25d814a00fd
Sign Up

Bit-Insight-Hub
Nov 19, 2024
Follow
This content contains potentially risky contract addresses
**🚀 Join the DeNet Airdrop Revolution! 🚀**
🌟 **Claim Your Share of the Future**:
DeNet is transforming decentralized storage by letting YOU become part of the ecosystem. Whether you’re a tech enthusiast or just someone with unused storage, there’s room for everyone to profit.
### Why Join?
✅ **$WN, TBY, and DENET Tokens**: Participate now to secure these valuable assets ahead of their peaq network debut.
✅ **Easy Rewards**: Activate a Watcher Node in minutes or rent out your disk space to earn passive income.
✅ **Pioneer Benefits**: Early adopters will enjoy exclusive perks and higher earning potential.
### What’s the Buzz About?
- **Eco-Friendly Tech**: Empowering decentralized, private, and scalable data storage.
JOIN Link:
Yo! You gotta check this out. I'm running a Watcher Node right on my phone and earning crypto 🤯
It's super chill way to monetize your phone. Use my code when you sign up and bam - instant 1000 $WN bonus! 😎
Yo! You gotta check this out. I'm running a Watcher Node right on my phone and earning crypto 🤯
It's super chill way to monetize your phone. Use my code when you sign up and bam - instant 1000 $WN bonus! 😎
My Code: 0xc4fb15a927a5a4945fd8df414da6d25d814a00fd
Sign up for free here: https://links.denet.app/mobile?referrer=0xc4fb15a927a5a4945fd8df414da6d25d814a00fd
💸💵💵💵💪💪💪💪💪
Beta Finance | v2: OMNI
--
⭐️ $BETA is now integrated on @StargateFinance⭐️
$BETA has integrated the OFT standard by @LayerZero_Core and is excited to now be supported on Stargate for bridging seamlessly between @ethereum and @BNBCHAIN
Want to know how to take advantage of this new feature?🤩
$BETA has integrated the OFT standard by @LayerZero_Core and is excited to now be supported on Stargate for bridging seamlessly between @ethereum and @BNBCHAIN
Want to know how to take advantage of this new feature?🤩
Cardano Price Prediction: Crypto Pundit Forecasts 8,300% Rally To $38, Here’s When
Cardano Could Rise To $38 At Some Point
In a recent video on the Cheeky Crypto YouTube channel, Nick mentioned that Cardano could rise to $38 at some point in the future, although he admitted that it won’t be anytime soon. He highlighted Cardano’s technological advancements as one factor that could drive the crypto token to such heights.
Related Reading: Shiba Inu Open Interest Explodes 85% Amid 15% Price Jump, Why This Is Important
The crypto analyst further claimed that, despite criticisms about Cardano, the network is well-positioned to become one of the leading chains because it boasts a technology built with the future in mind. As such, he believes that ADA has a good chance to stand the test of time and rise to $38 no matter how long it takes to attain such a price target.
Interestingly, crypto expert Jason Appleton believes that Cardano could come close to this price target of $38 in this bull run. He once predicted that the crypto token would reach $32 in this market cycle. He claimed this price level is attainable in the “most prime of conditions by the peak of this bull market cycle.”
Meanwhile, Nick highlighted the range between $5 and $12 as his “conservative” price targets for Cardano. He believes that the crypto token could rally to such heights soon enough, considering that altcoins are well primed for significant gains, especially given the run that Bitcoin and, more recently, Ethereum have had.
He added that the news around the Spot Ethereum ETFs could trigger these moves for Cardano and other altcoins. Meanwhile, Nick is also optimistic that Cardano will soon have its own ETF following the approval of the Spot Ethereum ETFs. The launch of a Cardano ETF is another factor he believes could trigger such rallies for the crypto token.
Patience Remains The Name Of The Game
Crypto analyst Dan Gambardello, the founder of Crypto Capital Venture, suggested in a recent X (formerly Twitter) post that patience is key as ADA holders
Cardano Could Rise To $38 At Some Point
In a recent video on the Cheeky Crypto YouTube channel, Nick mentioned that Cardano could rise to $38 at some point in the future, although he admitted that it won’t be anytime soon. He highlighted Cardano’s technological advancements as one factor that could drive the crypto token to such heights.
Related Reading: Shiba Inu Open Interest Explodes 85% Amid 15% Price Jump, Why This Is Important
The crypto analyst further claimed that, despite criticisms about Cardano, the network is well-positioned to become one of the leading chains because it boasts a technology built with the future in mind. As such, he believes that ADA has a good chance to stand the test of time and rise to $38 no matter how long it takes to attain such a price target.
Interestingly, crypto expert Jason Appleton believes that Cardano could come close to this price target of $38 in this bull run. He once predicted that the crypto token would reach $32 in this market cycle. He claimed this price level is attainable in the “most prime of conditions by the peak of this bull market cycle.”
Meanwhile, Nick highlighted the range between $5 and $12 as his “conservative” price targets for Cardano. He believes that the crypto token could rally to such heights soon enough, considering that altcoins are well primed for significant gains, especially given the run that Bitcoin and, more recently, Ethereum have had.
He added that the news around the Spot Ethereum ETFs could trigger these moves for Cardano and other altcoins. Meanwhile, Nick is also optimistic that Cardano will soon have its own ETF following the approval of the Spot Ethereum ETFs. The launch of a Cardano ETF is another factor he believes could trigger such rallies for the crypto token.
Patience Remains The Name Of The Game
Crypto analyst Dan Gambardello, the founder of Crypto Capital Venture, suggested in a recent X (formerly Twitter) post that patience is key as ADA holders
WILL USTC RALLY AGAIN soon?🚨 | TERRA USD (USTC) PRICE PREDICTION & ...
Price Rally coming for USTC🚀🚀🚀🚀 185%
I have seen the chart for a month now and I am 70 percent sure of a large pump within a maximum of 1 month's time
“Please like and follow 🙏🙏🙏🙏
Price Rally coming for USTC🚀🚀🚀🚀 185%
I have seen the chart for a month now and I am 70 percent sure of a large pump within a maximum of 1 month's time
“Please like and follow 🙏🙏🙏🙏
USTC On The Verge Of Rally? Community Debuts Game-Changing Revival Proposal
About The Upgrade Proposal
A prominent developer, Till “Fragwuerdig” Ziegler has recently submitted a unique proposal to upgrade the Terra Classic Terrad client to version 2.4.0. The proposal aims to revitalize the Terra Classic network by introducing advanced security features and key changes that could see the ecosystem boasting a more efficient and robust network.
The key improvements outlined in the upgrade proposal include the introduction of IBC-Hooks and Package Forward Middleware (PFM), initiated through the collaboration of Ziegler and Cosmos Stack developer group, Genuine Labs. Notably, the launch of IBC-Hooks will effectively enable the onboarding of Decentralized Applications (dApps) that utilize this feature, particularly Enterprise DAOs.
Additionally, the proposal will deliver an End-to-End (E2E) and Interchain Testing Suite, ensuring improved testing performance facilitated by Genuine Labs. Furthermore, the upgrade will bolster Terra Classic’s security by executing a crucial bug fix related to the processing of MsgExec in the Tax Handler. These security improvements will be led by Ziegler, enabling a more secure environment for the Terra Classic community.
Recently, the Terra Classic community has been greenlighting critical proposals aimed at improving and restoring the value of its ecosystem and native tokens. Earlier in February 2024, a proposal submitted by Genuine Labs aimed at boosting Terra Luna Classic’s functionality and interoperability was approved with over 96% votes from the community.
These developments have effectively improved the Terra ecosystem, facilitating more growth and innovation within the network. Notably, Ziegler’s upgrade proposal is set to bring new possibilities to the Terra Classic ecosystem, potentially triggering a surge for its native token USTC.
If both the validator and the community approve the proposal, then the Terra Classic chain is scheduled to undergo a halt by March 25 at block height 17309500.
USTC 🚀🚀
About The Upgrade Proposal
A prominent developer, Till “Fragwuerdig” Ziegler has recently submitted a unique proposal to upgrade the Terra Classic Terrad client to version 2.4.0. The proposal aims to revitalize the Terra Classic network by introducing advanced security features and key changes that could see the ecosystem boasting a more efficient and robust network.
The key improvements outlined in the upgrade proposal include the introduction of IBC-Hooks and Package Forward Middleware (PFM), initiated through the collaboration of Ziegler and Cosmos Stack developer group, Genuine Labs. Notably, the launch of IBC-Hooks will effectively enable the onboarding of Decentralized Applications (dApps) that utilize this feature, particularly Enterprise DAOs.
Additionally, the proposal will deliver an End-to-End (E2E) and Interchain Testing Suite, ensuring improved testing performance facilitated by Genuine Labs. Furthermore, the upgrade will bolster Terra Classic’s security by executing a crucial bug fix related to the processing of MsgExec in the Tax Handler. These security improvements will be led by Ziegler, enabling a more secure environment for the Terra Classic community.
Recently, the Terra Classic community has been greenlighting critical proposals aimed at improving and restoring the value of its ecosystem and native tokens. Earlier in February 2024, a proposal submitted by Genuine Labs aimed at boosting Terra Luna Classic’s functionality and interoperability was approved with over 96% votes from the community.
These developments have effectively improved the Terra ecosystem, facilitating more growth and innovation within the network. Notably, Ziegler’s upgrade proposal is set to bring new possibilities to the Terra Classic ecosystem, potentially triggering a surge for its native token USTC.
If both the validator and the community approve the proposal, then the Terra Classic chain is scheduled to undergo a halt by March 25 at block height 17309500.
USTC 🚀🚀
Cardano (ADA) Price Gears Up for 2000% Gains to $10 As Per Historical Chart😳😳😳😳
Cardano Price: Strong support from a Cardano whale indicates potential for ADA's price to rally to $1 and beyond, signaling a possible parabolic price surge.
Cardano’s native cryptocurrency ADA has been a notable participant in the 2024 altcoin market rally. The Cardano (ADA) price is currently trading at $0.7682, boasting a market cap of $27.2 billion. Additionally, Cardano has seen a significant surge in 24-hour trading volumes, climbing by 40% to $2 billion.
Cardano (ADA) Price Gears Up for Parabolic Rally
According to insights shared by crypto analyst Jamal Hasseli Cardano ($ADA ) appears to be replicating its previous bullish cycle. Martinez suggests that if this pattern persists, investors may anticipate a short-term correction before witnessing a significant uptrend toward the $10 mark for ADA. This means that the ADA price could rally another 2000% from the current levels.
Cardano Price: Strong support from a Cardano whale indicates potential for ADA's price to rally to $1 and beyond, signaling a possible parabolic price surge.
Cardano’s native cryptocurrency ADA has been a notable participant in the 2024 altcoin market rally. The Cardano (ADA) price is currently trading at $0.7682, boasting a market cap of $27.2 billion. Additionally, Cardano has seen a significant surge in 24-hour trading volumes, climbing by 40% to $2 billion.
Cardano (ADA) Price Gears Up for Parabolic Rally
According to insights shared by crypto analyst Jamal Hasseli Cardano ($ADA ) appears to be replicating its previous bullish cycle. Martinez suggests that if this pattern persists, investors may anticipate a short-term correction before witnessing a significant uptrend toward the $10 mark for ADA. This means that the ADA price could rally another 2000% from the current levels.
Bitcoin $50,000
Bitcoin (BTC) Price Set to Hit $50,000, Matrixport Points to ETF Approvals and Institutional Interest
Matrixport, a prominent cryptocurrency financial services platform, has made a bold prediction that the Bitcoin (BTC) price is poised to reach $50,000 in January. The forecast is fueled by a confluence of factors, including the potential approval of Bitcoin spot exchange-traded funds (ETFs), growing institutional interest, supply shortages and historical trends. This optimistic prediction from Matrixport comes on the heels of a remarkable surge in Bitcoin's price. As of the latest update, Bitcoin is trading at $45,849, reflecting an impressive 7.56% increase in the last 24 hours alone. This surge propels Bitcoin to a 21-month high, adding substantial weight to Matrixport's forecast of the cryptocurrency reaching an even more ambitious target of $50,000 in January 2024.
Potential catalysts for Bitcoin In a comprehensive report released by Matrixport, the company suggests that a significant catalyst for the anticipated surge is the potential approval of Bitcoin spot ETFs. According to the report, an announcement could come sooner than expected, possibly today or tomorrow, ahead of the anticipated approval window on Jan. 8, 9 or 10.
Matrixport emphasizes a potential upside risk, indicating that a substantial amount of fiat money, estimated between $5-10 billion, might struggle to find sufficient Bitcoin on exchanges for ETF exposure. This scarcity is attributed to the movement of Bitcoin off exchanges following the 2022 bankruptcies and FTX crypto exchange incidents. The report highlights the impact of Bitcoin mining companies limiting supply around the upcoming halving cycles, expected in April 2024. This limitation could contribute to a supply shortage, potentially leading to a scenario where buyers are eager, but sellers resist selling at prevailing price levels. Drawing parallels with historical data, Matrixport notes that Bitcoin tends to rally strongly during halving cycles, coinciding with the U.S. election cycle.
support with a tip
Bitcoin (BTC) Price Set to Hit $50,000, Matrixport Points to ETF Approvals and Institutional Interest
Matrixport, a prominent cryptocurrency financial services platform, has made a bold prediction that the Bitcoin (BTC) price is poised to reach $50,000 in January. The forecast is fueled by a confluence of factors, including the potential approval of Bitcoin spot exchange-traded funds (ETFs), growing institutional interest, supply shortages and historical trends. This optimistic prediction from Matrixport comes on the heels of a remarkable surge in Bitcoin's price. As of the latest update, Bitcoin is trading at $45,849, reflecting an impressive 7.56% increase in the last 24 hours alone. This surge propels Bitcoin to a 21-month high, adding substantial weight to Matrixport's forecast of the cryptocurrency reaching an even more ambitious target of $50,000 in January 2024.
Potential catalysts for Bitcoin In a comprehensive report released by Matrixport, the company suggests that a significant catalyst for the anticipated surge is the potential approval of Bitcoin spot ETFs. According to the report, an announcement could come sooner than expected, possibly today or tomorrow, ahead of the anticipated approval window on Jan. 8, 9 or 10.
Matrixport emphasizes a potential upside risk, indicating that a substantial amount of fiat money, estimated between $5-10 billion, might struggle to find sufficient Bitcoin on exchanges for ETF exposure. This scarcity is attributed to the movement of Bitcoin off exchanges following the 2022 bankruptcies and FTX crypto exchange incidents. The report highlights the impact of Bitcoin mining companies limiting supply around the upcoming halving cycles, expected in April 2024. This limitation could contribute to a supply shortage, potentially leading to a scenario where buyers are eager, but sellers resist selling at prevailing price levels. Drawing parallels with historical data, Matrixport notes that Bitcoin tends to rally strongly during halving cycles, coinciding with the U.S. election cycle.
support with a tip
SEC v. Ripple Lawsuit Key Dates Approaching
Ripple Execs Are Now Billionaires Thanks to XRP holders, and all holders are poor
Brad Garlinghouse and Chris Larsen have made a lot of money thanks to people who have been waiting forever!!!
had we invested in other cryptos like bnb, ada, combo, solana. link, and many others, we would all have been rich today, but all of us who have believed in xrp have just made a bad choice
All has been relatively quiet in XRP markets, with a lull of new developments in the SEC lawsuit. But that’s about to change with SEC v. Coinbase beginning oral arguments on Jan. 17
The current Ripple CEO is Brad Garlinghouse, who owns a reported 6.3% stake in the company, as well as additional XRP tokens. His net worth, based on the current rate, would be nearly $10 billion, placing him in the mid-50s on Forbes' list of wealthiest Americans🤷♂️
Positive developments for different crypto companies in their court battles with the Securities and Exchange Commission have often lifted all boats in cryptocurrency markets.
When Ripple won a landmark decision ruling that XRP tokens are not securities, it led Coinbase, a cryptocurrency exchange, to reliet XRP after de-listing it seven months earlier.
Meanwhile, the deadline for discovery of evidence in the SEC v. Ripple lawsuit is Feb. 12. Here’s the court schedule of key dates in the remedies phase of the ongoing suit next year:
Feb. 12, 2024: Remedies briefing begins
Mar. 13, 2024: SEC files remedies brief
Apr. 12, 2024: Ripple submits opposition
Apr. 29, 2024: SEC replies
Ripple Execs Are Now Billionaires Thanks to XRP holders, and all holders are poor
Brad Garlinghouse and Chris Larsen have made a lot of money thanks to people who have been waiting forever!!!
had we invested in other cryptos like bnb, ada, combo, solana. link, and many others, we would all have been rich today, but all of us who have believed in xrp have just made a bad choice
All has been relatively quiet in XRP markets, with a lull of new developments in the SEC lawsuit. But that’s about to change with SEC v. Coinbase beginning oral arguments on Jan. 17
The current Ripple CEO is Brad Garlinghouse, who owns a reported 6.3% stake in the company, as well as additional XRP tokens. His net worth, based on the current rate, would be nearly $10 billion, placing him in the mid-50s on Forbes' list of wealthiest Americans🤷♂️
Positive developments for different crypto companies in their court battles with the Securities and Exchange Commission have often lifted all boats in cryptocurrency markets.
When Ripple won a landmark decision ruling that XRP tokens are not securities, it led Coinbase, a cryptocurrency exchange, to reliet XRP after de-listing it seven months earlier.
Meanwhile, the deadline for discovery of evidence in the SEC v. Ripple lawsuit is Feb. 12. Here’s the court schedule of key dates in the remedies phase of the ongoing suit next year:
Feb. 12, 2024: Remedies briefing begins
Mar. 13, 2024: SEC files remedies brief
Apr. 12, 2024: Ripple submits opposition
Apr. 29, 2024: SEC replies
Cardano Price Analysis: 40% Rally on the Cards, Ethereum to Be Left Behind?
ADA’s Potential Growth and Technical Analysis
Looking at ADA’s short-term price trends, technical experts are optimistic. The daily chart shows an ascending triangle pattern, indicating potential bullish movement. Captain Faibik, a respected crypto analyst on the X platform, suggests that if ADA can close above this pattern’s upper boundary, it might aim for the 80-cent level
a prominent smart contract-focused cryptocurrency, has demonstrated a remarkable recovery, marking a significant shift in its market trend. Since the end of the 2021 bull run, ADA has been experiencing a bearish trend. However, closing the fourth quarter of 2023, it has shown a bullish outlook, registering an impressive gain of over 170%.
ADA’s Potential Growth and Technical Analysis
Looking at ADA’s short-term price trends, technical experts are optimistic. The daily chart shows an ascending triangle pattern, indicating potential bullish movement. Captain Faibik, a respected crypto analyst on the X platform, suggests that if ADA can close above this pattern’s upper boundary, it might aim for the 80-cent level
ADA’s Potential Growth and Technical Analysis
Looking at ADA’s short-term price trends, technical experts are optimistic. The daily chart shows an ascending triangle pattern, indicating potential bullish movement. Captain Faibik, a respected crypto analyst on the X platform, suggests that if ADA can close above this pattern’s upper boundary, it might aim for the 80-cent level
a prominent smart contract-focused cryptocurrency, has demonstrated a remarkable recovery, marking a significant shift in its market trend. Since the end of the 2021 bull run, ADA has been experiencing a bearish trend. However, closing the fourth quarter of 2023, it has shown a bullish outlook, registering an impressive gain of over 170%.
ADA’s Potential Growth and Technical Analysis
Looking at ADA’s short-term price trends, technical experts are optimistic. The daily chart shows an ascending triangle pattern, indicating potential bullish movement. Captain Faibik, a respected crypto analyst on the X platform, suggests that if ADA can close above this pattern’s upper boundary, it might aim for the 80-cent level
Login to explore more contents