Revolut has been under fire as fraud complaints piled up in 2024, but the company has insisted it saved hundreds of millions in “potential fraudulent transfers.”

Ethereum (ETH) currently trades approximately 11% below its local highs of around $2,730. Investors are optimistic about a potential price surge in the coming days, driven by encouraging on-chain data. Key metrics from Glassnode indicate a decline in ETH inflows into exchanges, suggesting that investors are holding onto their assets rather than selling. This trend typically points to increased accumulation and could foreshadow a bullish breakout. Related Reading: Chainlink (LINK) Bullish Pattern Could Ignite A Breakout: Analyst Sets $15 Target As the broader crypto market evolves, Ethereum investors remain vigilant, anticipating a bullish reclaim that could propel prices higher. The decrease in exchange inflows could signify that traders are positioning themselves for a potential upward movement, as they seem more inclined to retain their holdings during this crucial phase. Should Ethereum successfully break above critical resistance levels, it could reignite bullish momentum and attract further investment. The next few days will be pivotal for ETH, as traders closely monitor price action and on-chain metrics for signs of a resurgence. With the right conditions, Ethereum may set its sights on new highs, reinforcing the overall positive sentiment in the market. Ethereum Exchanges’ Net Position Change Decreases Ethereum (ETH) is currently at a crucial price level following a 15% dip from its local highs. The broader crypto industry is brimming with anticipation for a massive rally after the Federal Reserve’s decision to cut interest rates a couple of weeks ago. However, despite the optimistic outlook, prices have struggled to climb higher, leaving many investors on edge. Fortunately, on-chain data from Glassnode suggests a reduction in selling pressure, which could improve market sentiment and pave the way for a potential ETH rebound. One key metric to consider is the Ethereum Exchanges’ Net Position Change indicator, which has been downward since mid-September. This indicator tracks the flow of ETH into and out of exchanges, and its recent decline signifies that inflows have dropped significantly. Lower inflows typically indicate reduced selling pressure, as fewer investors are moving their assets onto exchanges to sell. This shift in momentum reflects a positive change in market sentiment, suggesting that investors may be less inclined to liquidate their positions at current price levels.  As selling activity decreases, Ethereum could gain some much-needed breathing room to recover from its recent decline. Related Reading: Solana (SOL) Holds Above $140 As Funding Rate Signals Bullish Momentum Moreover, increased confidence among investors might lead to upward price movement in the coming days. Ethereum may be positioned for a resurgence if this trend continues, potentially setting the stage for a bullish breakout as market dynamics shift in its favor. As traders remain vigilant, all eyes will be on ETH to see if it can capitalize on this improved sentiment and regain upward momentum. ETH Testing Crucial Supply Levels  Ethereum (ETH) is trading at $2,448 after facing rejection at the 4-hour 200 exponential moving average (EMA) at $2,516. The price also struggled to maintain momentum above the 4-hour 200 moving average (MA) at $2,458, indicating a critical moment for ETH. If Ethereum fails to reclaim both of these key levels in the coming days, it may be at serious risk of dropping towards the $2,200 area, potentially triggering a deeper correction. Conversely, if ETH manages to break above and hold these crucial indicators, it could signal a bullish trend reversal, opening the door for a surge toward the $2,700 resistance area. The outcome in the next few days will be vital for determining Ethereum’s trajectory. Related Reading: Dogecoin Could Target $0.20 Soon, Analyst Predicts – Is DOGE Primed For A Rally? Traders and investors will closely monitor these levels, as the ability to reclaim them could provide the momentum needed for ETH to regain strength and attempt to test higher price levels. The current price action reflects the uncertainty in the market, making it imperative for ETH to assert itself decisively to inspire confidence and drive a rally. Featured image from Dall-E, chart from TradingView

America is balancing a weakening dollar against an asset with the potential to address many of the financial issues that face a squeezed middle class.

Bitcoin struggles to overcome the $64,000 resistance as investors choose to invest in stocks and seek shelter in cash options amid socio-political uncertainty.  

The market has displayed a clear case of volatility, and some of the main tokens, such as Ethereum (ETH) and Solana (SOL), have been through some volatility. However, one will hardly know that RCO Finance (RCOF), at $0.03, is steadily gearing up to outcompete these blockchain leaders. As Ethereum’s smart contracts and Solana’s high transaction […] The post This $0.03 Altcoin is Set to Outperform Ethereum and Solana, Q1 2025 6000x Rally Incoming appeared first on Blockonomi.

Bitcoin’s (BTC) nearly 10% drawdown last week was a “healthy realignment” that reduced the risks of abrupt price swings in the coming days, according to the latest “Bitfinex Alpha” report. The pullback, ignited by escalating tensions in the Middle East, briefly took BTC below the $60,000 level before the market stabilized. This caused perpetual contracts’ The post Bitcoin’s latest dip below $60K signals market stabilization amid geopolitical tensions – Bitfinex appeared first on CryptoSlate.

Doggy-themed meme coin, Shiba Inu (SHIB) could be on the verge of a major market downturn as recent data reveals a major crash in the cryptocurrency’s whale transaction volume. This sharp decline in whale activity could have far-reaching implications for its price outlook, hinting at a possible decline. Shiba Inu Whale Transaction Plunge To Shocking

Dan Gallagher, a former SEC commissioner, was one name former regulators reportedly said a Trump administration may consider to chair the securities regulator.

The cryptocurrency market is gearing up for a major event as Optimism (OP), Aptos (APT), and Taiko (TAIKO) prepare for token unlocks collectively valued at $169.66 million. According to data from TokenUnlocksApp, millions of dollars worth of cryptocurrencies will flood various ecosystems this week, which could further amplify the prevailing selling pressure. Of these cryptocurrencies, Aptos (APT) dominates the token unlocks, with almost $100 million worth of APT set to be unlocked in the next seven days. Explaining The Token Unlocks Token unlocks refer to the release of a predetermined number of tokens that were previously locked or vested during the cryptocurrency’s launch. When these tokens become available, they can be traded on the market, which often leads to increased liquidity. However, a potential downside is that a sudden surge in supply can lead to price volatility as recipients of unlocked tokens might decide to sell, causing downward pressure on prices. As such, new buyers are used as the exit liquidity for early investors, team members, or project developers who are given these unlocked tokens. Related Reading: Here’s Why The Bitcoin Price Could Hit $100,000 Before The End Of The Year According to data from TokenUnlocksApp, this week’s crypto market activity will see a significant release of tokens across three major projects: Optimism (OP), Aptos (APT), and Taiko (TAIKO). These upcoming unlocks are particularly noteworthy because they follow a cliff unlock mechanism, where a large number of tokens are released in one go. Interestingly, these unlocks come just a week after SUI, another prominent blockchain project, unlocked 64.19 million tokens valued at approximately $106 million. Among these three projects, Aptos stands out with the most significant unlock. A total of 11.3 million APT tokens, collectively worth approximately $99.75 million at the current price of APT, are set to be released. The second most notable unlock comes from Optimism, which will release 12.47 million OP tokens valued at around $21 million. Taiko, a project focusing on zk-Rollup technology for Ethereum scaling, will also unlock 12 million tokens with a total value estimated at $20.28 million. What Next? Should You Buy Or Sell? Cliff token unlocks have more profound effects on the price of cryptocurrencies than linear unlocks. Of the three ecosystems, Taiko’s unlock seems to be the most important, as a larger part of its circulating supply (15.62%) is going to be unlocked in a single event, which could dramatically influence its price action. In comparison, Aptos and Optimism will see smaller portions of their total circulating supply unlocked. Aptos is set to unlock 2.3% of its circulating supply, while Optimism will release 1% of its circulating supply. Related Reading: 72% Of ETHUSDT Traders On Binance Go Long – Is This The Buy Signal You Need? Nonetheless, monitoring the unlocks is crucial for investors in the rest of the week. This is especially true for retail investors, as they could bear the risk of the liquidity as these tokens are unlocked. They could be used as exit liquidity once the owners of the unlocked tokens decide to sell or reduce their exposure. Featured image created with Dall.E, chart from Tradingview.com

The billionaire mogul’s opinion comes as he ramps up his support for Republican candidate and former US president Donald Trump.

European Central Bank executive board member Piero Cipollone would like to see a sort of European union for digital assets.

Bitcoin price is up today, but BTC’s inability to hold the intra-day gains raise questions about the sustainability of the rally.

Editor’s note: This story has been corrected to reflect that Tim Walz is the governor of Minnesota. In previous presidential elections, the Democratic and Republican candidates typically didn’t address cannabis and cryptocurrency as issues heading into Election Day. This year, it’s different. Both Vice President Kamala Harris and former President Donald Trump have recognized cannabis and cryptocurrency — two areas of coverage for Benzinga — as key topics of interest among the electorate. On Tuesday and Wednesday, the future of the cannabis market will be front and center at the Benzinga Cannabis Capital Conference in Chicago. For Trump, he seemingly took a hint from the Biden-Harris administration and recognized that a majority of people, including most Republicans, favor marijuana legalization. Last month, he even expressed a desire to federally reschedule cannabis if he’s re-elected — a take that’s at odds with other GOP leaders. And when it comes to crypto, Trump was notoriously a skeptic at first. Not anymore. Now the twice-impeached former president is looking to cash in on the crypto fandom he’s amassed and launch, with his sons, a new business venture called World Liberty Financial. Voters keen on knowing where Harris stands on each issue will likely hope to get some answers this week when she and Minnesota Gov. Tim Walz, her running mate, embark on a media blitz, starting Monday night with a “60 Minutes” interview. The Democratic ticket will face a multitude of pointed questions on a variety of topics: the economy, inflation, women’s rights and saving democracy. Whether Harris mentions cannabis or crypto in …Full story available on Benzinga.com

Defunct crypto exchange FTX received court approval for its bankruptcy plan and its estate is now clear to repay customers in cash, with interest, using up to $16.5 billion in recovered assets, Reuters reported Oct. 7. The plan US Bankruptcy Judge John Dorsey approved the plan, which includes creditors from over 200 jurisdictions, during a The post Court greenlights FTX’s $16.5 billion bankruptcy plan to repay defrauded customers appeared first on CryptoSlate.

The restaking protocol will start by targeting crypto-native apps, with EigenDA serving as a “beachhead” for onboarding, Sreeram Kannan said.

With a significant rise in trading volume and positive sentiment, Dogwifhat (WIF) is eyeing a breakout The post Dogwifhat (WIF) Price Could Surpass $3 If This Pattern Continues appeared first on BeInCrypto.

Video game developer Epic Games says it wants to incorporate Fortnite; Minecraft and Roblox into one interoperable metaverse.…

One of the most recognizable networks in the industry, a new Ethereum proposal is looking to increase throughput…

A U.S. court approved FTX’s bankruptcy plan on Monday, which will see the majority of the crypto exchange’s customers get the equivalent of their 2022 losses, and then some.

NEAR, UNI and APT led crypto gains, while bitcoin (BTC) faded after pushing through $64,000 earlier in the day.

A US bankruptcy court has officially approved crypto exchange FTX liquidation plan, paving the way for it to repay customers using $16 billion in recovered assets, according to Reuters, which reports that the ruling was made by Judge John Dorsey during a court hearing in Wilmington, Delaware, on Monday. Court Approves FTX Settlements The approved plan includes a series of settlements with FTX customers, creditors, US government agencies, and liquidators tasked with managing the company’s operations outside the United States.  Related Reading: Here’s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet These settlements prioritize the repayment of customers before addressing claims from government regulators, allowing FTX to utilize its assets effectively in the repayment process. Under the approved plan, FTX customers will receive at least 118% of the value of their accounts as of November 2022, the month the failed crypto exchange filed for bankruptcy. Customer Reactions Remain Mixed According to Reuters, FTX has characterized this outcome as a triumph for its creditors, attributing it to the successful recovery of cash and crypto assets that had initially gone missing amid the chaos surrounding the company’s collapse.  Additionally, FTX has raised further funds by liquidating other assets, including its investments in various technology firms, such as the artificial intelligence (AI) startup Anthropic. Related Reading: Dogecoin Analyst Expects A ‘Multi-Year Bullish Breakout’ – 200% Surge Potential However, customer reactions to the repayment plan have been mixed. Many former users of the exchange have expressed disappointment, feeling that the collapse of FTX prevented them from taking advantage of a significant rebound in cryptocurrency prices since the market hit its lowest point in 2022. Some customers have voiced objections to the plan, arguing for higher repayments that reflect the recent increases in crypto values. FTX has maintained that it cannot simply return the cryptocurrency assets originally deposited by customers, as those assets were misappropriated by founder Sam Bankman-Fried.  Bankman-Fried, who was sentenced to 25 years in prison in March for defrauding FTX customers, has since appealed his conviction, further complicating the aftermath of the exchange’s failure. At the time of writing, the exchange’s native token, FTT, has jumped 20% to the $3 mark for the first time in nearly 8 months amid the first quarter of the year’s uptrend.  CoinGecko data also shows that FTT has seen a notable 176% increase in trading volume in the last few hours, but is still down nearly 97% from its all-time high of $84, reached in September 2021.  Featured image from DALL-E, chart from TradingView.com

Bitcoin is a deflationary asset with a fixed supply, unlike Ethereum, whose supply increases or decreases yearly depending on network use. There will be only 21 million BTC in circulation, and a decent portion, exceeding 4 million, is irrecoverable. Fewer And Fewer Holders Willing To Sell Bitcoin Now, recent data shows that fewer and fewer

According to a new report from MatrixPort, institutional interest and economic uncertainty have put crypto adoption on pace…

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Former President Donald Trump has gained a slight edge over Vice President Kamala Harris in betting markets for the 2024 presidential election, with Polymarket showing him ahead 53.7% to 45.6%. The margin, while narrow, marks the first time Trump has taken the lead since Harris was nominated by the Democratic party after President Joe Biden The post Trump pulls ahead in betting markets, Musk calls it a more accurate forecast appeared first on CryptoSlate.

Dogecoin is trading critically, and investors are paying attention as this could shape next week’s price action. After several weeks of volatile market movements marked by sharp ups and downs, the entire crypto market is at a turning point. Many believe this week could set the stage for a massive rally. Related Reading: Solana (SOL) Path To New Highs: Analyst Eyes $160 As Critical Breakpoint Top analysts and investors are weighing in, with prominent crypto analyst Ali sharing compelling data that projects a significant surge for Dogecoin in this cycle. According to Ali, if DOGE can break its resistance levels, it could spark a positive trend for the meme coin.  This information has impressed many in the crypto space, as Dogecoin has been known for its explosive movements in past cycles. With so much on the line, the next few days could be pivotal for DOGE’s future. Dogecoin Testing Crucial Resistance Dogecoin is testing a crucial resistance at $0.115, with bulls waiting for a breakout that could trigger a new rally. According to crypto analyst Ali, Dogecoin potentially repeats a familiar historical pattern, as shared in his technical analysis on X. Ali’s chart reveals that DOGE has consistently followed a bullish cycle pattern: a breakout from a multi-year descending triangle, a massive 200% surge, followed by a 60% retracement, and then an eventual bull run. Dogecoin has recently experienced a significant 65% pullback, which many believe could set the stage for its next explosive rally. If this pattern holds, DOGE may be on the brink of another major upward movement. Ali suggests that history often repeats itself in crypto, and Dogecoin appears poised to follow the same path. Related Reading: Can SUI Break Past $2 Resistance? On-Chain Metrics Reveal Growing Demand If Dogecoin starts pumping, the price action could be fast and aggressive, as has been the case in previous cycles. Investors are encouraged to closely monitor DOGE in the coming days. A breakout above the $0.115 resistance level could signal the beginning of the next bullish phase. This potential rally could bring significant opportunities for those tracking the market closely. Technical Analysis: Key Levels  Dogecoin is trading at $0.111 after a modest attempt to test the daily 200 exponential moving average (EMA) at $0.117. The price now faces a potential for a retracement if it fails to reclaim this key indicator. If DOGE cannot break above the 200 EMA, the price will drop to $0.10, signaling a deeper correction. On the bullish side, if Dogecoin manages to push past the $0.12 mark, it could spark a new rally. The next significant supply level to test would be around $0.14, presenting a crucial target for bulls looking to gain momentum. Related Reading: XRP Price Bullish Potential Grows – A Surge Above $0.65 Will Trigger Buyers As the market remains uncertain, the coming days will determine whether Dogecoin will continue its upward trend or face further downside pressure. Traders are monitoring these levels, as price action near the 200 EMA will dictate the next major move for DOGE. Featured image from Dall-E, chart from TradingView

Some investors have perfected the skill of early identifying tokens that can enjoy a massive price surge in every market cycle. This is the case of the Dogecoin millionaire who invested in the meme coin long before it enjoyed its 26,000% price gain in just a year. This Dogecoin millionaire has bet that the crypto

Your guide: Does Binance Show Your Real Name? One of the best cryptocurrency exchanges in the world, Binance,…

FET has signaled undervaluation but faces a 50% drop. Indicators have warned of strong selling pressure ahead. The post FET Flashes Buy Signal, but May First Decline by 50% appeared first on BeInCrypto.

U.S. Bankruptcy Judge John Dorsey approved FTX’s bankruptcy plan to repay its crypto customers in cash plus interest.…

The Bitcoin investment fund is designed for institutional investors and will offer exposure to BTC gains capped at a predefined threshold, with 100% loss protection on the downside.

TAO rallied 164% in the last 30 days and data suggests there is room for the AI token to move higher.

Cryptocurrency markets are trading relatively flat but clinging to the green zone. Cryptocurrency Price     Gains +/- Bitcoin (CRYPTO: BTC)  $63,031  +0.5% Ethereum (CRYPTO: ETH)  $2,432  -0.7% Solana (CRYPTO: SOL)  $145.8  -0.02% Dogecoin (CRYPTO: DOGE)  $0.11  -1.2% Shiba Inu (CRYPTO: SHIB)  $0.00001778  -2.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 36% and daily active addresses inching higher by 0.3%. Transactions greater than $100,000 are down from 5,463 to 5,296 in a single day. Exchanges netflows are up by 361.6%. Coinglass data reports 63,977 traders were liquidated in the past 24 hours with the total liquidations at $209.88 million. Crypto short liquidations stand at $103.3 million, the highest since Sep. 19. Simply Bitcoin cited Coinglass data to show 51,300 BTC have been withdrawn from exchanges this month, including 5,270 BTC today. Notable Developments: Riot Platforms Explores AI Opportunities While Staying Focused On Bitcoin Mining Bitcoin, Ethereum, …Full story available on Benzinga.com

Roughly two years after the crypto exchange collapsed and many of its executives faced criminal charges, the Oct. 7 court decision was a step forward for reimbursing FTX users.

As we gear up for the end of 2024, the crypto market is really heating up. And there…

Kaspa’s (CRYPTO:KAS) price has decreased 4.56% over the past 24 hours to $0.14, continuing its downward trend over the past week of -11.0%, moving from $0.16 to its current price. The chart below compares the price movement and volatility for Kaspa over the past 24 hours (left) to its price movement over the past …Full story available on Benzinga.com

Nvidia faces renewed scrutiny over alleged misrepresentation in crypto mining-related sales, with the US DOJ and SEC backing the case.

Ward Roddam, the Mayor of Rockdale, Texas, has highlighted Bitcoin’s crucial role in revitalizing the town’s economy. In an Oct. 7 op-ed, Roddam explained that the world is nearing a new economic era driven by what he calls the “digital energy boom,” largely fueled by Bitcoin. He noted that rural communities, including Rockdale, are already The post Texas town Rockdale’s Mayor credits Bitcoin for economic turnaround appeared first on CryptoSlate.

Bitcoin has been navigating a turbulent landscape of volatility and erratic price action since the Federal Reserve announced an interest rate cut 20 days ago. This pivotal moment has left analysts and investors on edge, with many anticipating a significant rally for BTC in the coming weeks. Favorable macroeconomic conditions combined with the approaching halving

Over the past 24 hours, Litecoin’s (CRYPTO: LTC) price has fallen 3.58% to $64.97. This continues its negative trend over the past week where it has experienced a 2.0% loss, moving from $67.25 to its current price. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its …Full story available on Benzinga.com

TIA’s 21% price rise sparks optimism, though weakening ADX suggests caution. EMA and RSI indicators hint at potential continued growth. The post Celestia (TIA) Price Surges 21% Amid Bullish Momentum appeared first on BeInCrypto.

The news comes amid the company’s 10-year anniversary celebration.

JPMorgan analysts identified several key catalysts that could shape the cryptocurrency market in the coming months, highlighting a mix of seasonal trends, macroeconomic factors and technological developments. What Happened: The analysts pointed to the historical “Uptober” trend, noting that over 70% of Octobers yielded positive returns for Bitcoin (CRYPTO: BTC), The Block reported on Monday. They suggested this popularized concept could influence investor behavior, potentially leading to a positive month for Bitcoin in October. The analysts also noted the market has “yet to see the ‘pop’ in cryptocurrency prices expected from lower rates since the Fed’s Sep. 18 cut.” They suggest the market might be waiting for more sustained stability …Full story available on Benzinga.com

Fredi9999, a mysterious Polymarket user, has emerged as the largest holder of Donald Trump shares sparking speculation about their identity and motives. What Happened: The user “Fredi9999” has amassed an impressive 7.2 million shares in Trump-related markets, with a total position value of $6.4 million. What sets this user apart is not just the size of their bets, but their strategic approach to accumulating shares. Political bettor Domer highlighted interesting facts about Fredi9999: One particularly intriguing aspect of Fredi9999’s activity is their outsized interest in Pennsylvania, where they hold 2.3 million Trump shares. This focus on Pennsylvania has led some Polymarket users to speculate about a possible connection to Elon Musk, who recently …Full story available on Benzinga.com

Trump would allow a friendly regulatory environment for Bitcoiners to thrive in.

A forthcoming HBO documentary has reopened speculation that Len Sassaman was the creator of Bitcoin. I knew Len. The theory is plausible.

Bernstein analysts have set a $290 price target for MicroStrategy‘s (NASDAQ:MSTR) stock, representing a potential 64% surge, based on the company’s aggressive Bitcoin acquisition strategy, according to a new report. What Happened: MicroStrategy, led by Executive Chairman Michael Saylor, has amassed a substantial Bitcoin (CRYPTO: BTC) holding worth approximately $16 billion, making it one of the top 10 holders of the cryptocurrency. Bernstein analysts Gautam Chhugani, Mahika Sapra and Sanskar Chindalia praised Saylor’s approach, stating, “Michael Saylor pioneered a Bitcoin treasury model for corporates,” DL News reported on Monday. The analysts’ optimistic outlook is rooted in the assumption that Bitcoin will reach $1 million by 2033 and that MicroStrategy will continue its cryptocurrency purchases. This …Full story available on Benzinga.com

Crypto analyst Murad Mahmudov predicts a “meme coin super cycle” that could reshape the cryptocurrency landscape in the coming years. What Happened: In a recent podcast, Mahmudov shared his unconventional thesis on why meme coins are poised to outperform traditional crypto assets. He argues that the crypto industry is primarily “an asset production industry and a speculation industry” rather than a technology-first sector. The analyst believes that meme coins are not just a passing trend but represent a fundamental shift in how retail investors engage with crypto. He states, “I am a community maximalist,” emphasizing the importance of strong, passionate communities in driving token value. Mahmudov introduces the concept of “cults” in crypto, defining them as “really really strong communities.” He explains, “If you don’t make poor people rich or if you don’t make middle class people richer, you don’t have a community.” Mahmudov says that Defi can exist whether a …Full story available on Benzinga.com

Bitcoin price opened the week with a bang as altcoins and stocks turned green, but $65,000 to $66,500 remains a tall hurdle for BTC to overcome.

Crypto analyst Egrag has once again shared a bullish analysis of Hedera Hashgraph (HBAR), predicting a potential 30x increase (2,900%). His latest chart analysis (HBAR/USD) presents a view where HBAR stands in the current market cycle, highlighting key Fibonacci retracement levels and critical price points that could guide HBAR’s movement in the months ahead. At the time of Egrag’s analysis, HBAR is trading at approximately $0.0553, with a recent low marked around $0.0355. This price action in the 2-week chart is taking place along a key upward trendline that has acted as strong support multiple times since 2020. This trendline, which stretches over multiple years, has held HBAR’s price during dips and corrections, except for one instance in December 2019. Egrag also pinpoints several Fibonacci retracement levels, a popular tool used in technical analysis to identify potential support and resistance levels. These levels are derived from the Fibonacci sequence, where each level corresponds to a percentage of the price movement between a significant high and low. Related Reading: Hedera (HBAR) Q2 Update: Market Cap Climbs, Daily Transactions Boom, Revenue Follows In Egrag’s analysis, the chart showcases a range of Fibonacci levels, from Fib 0 at the absolute low of $0.0355 to Fib 1.618 at $3.27. Each of these levels indicates critical price points for HBAR as it moves through this market cycle. And according to Egrag, HBAR’s fundamentals are extremely strong and a 2,900% price surge is the absolute minimum. “Last cycle, ADA skyrocketed a mind-blowing 17,000%! To put this into perspective, with HBAR’s bottom at 0.036c, a 170X move would take it to around $6! That’s why I’m all-in on HBAR! Backed by a powerhouse Governing Council, Hedera is leading the charge with cutting-edge tech for seamless tokenization, delivering top-tier performance, rock-solid security, and unmatched compliance,” Egrag notes. Key Fibonacci Levels For Hedera (HBAR) In This Bull Run Fib 0 – $0.03555: This is the lowest price on the chart, representing the local bottom that HBAR recently established. According to Egrag, this could be seen as the long-term support level and a significant historical low. Fib 0.236 – $0.0687: Currently, HBAR is trading just below this Fibonacci level. It has acted as a resistance point over recent weeks, making it a crucial zone to break through for upward momentum to continue. Historically, breaking through the Fib 0.236 level often signals the start of a bullish move towards higher retracement levels. Fib 0.382 – $0.1034: The next critical resistance level is Fib 0.382. A sustained move above this zone would indicate growing bullish momentum and a possible continuation towards even higher Fibonacci levels. Related Reading: Hedera Developer Community Remained Vibrant In Q2 2024: When Will HBAR Turn The Corner? Fib 0.5 – $0.1438: The Fib 0.5 level is one of the most closely watched by traders. It represents a psychological midpoint between the asset’s high and low. According to Egrag, $0.14-$0.15 is a critical range for HBAR. “Until HBAR breaks above Fib 0.5 (0.14c-0.15c), everything else is just noise—time to accumulate for what’s coming!” Egrag claims. Fib 0.618 – $0.2004: Known as the “Golden Ratio,” Fib 0.618 is one of the most important levels in Fibonacci analysis. A break above this level often signals the end of a retracement and the resumption of the primary trend. For HBAR, a move above $0.20 could generate significant bullish interest, paving the way for a move towards new highs. Fib 0.702 – $0.2529: Egrag marks this level as a significant profit-taking zone. If HBAR reaches $0.25, it would represent a substantial 4.5x increase from current levels. This is a key target for traders looking to lock in profits before the next significant leg up. Fib 0.786 – $0.3199: Fib 0.786 is often the last line of resistance before an asset retests its all-time highs. Egrag identifies this as a crucial level, where many traders may choose to sell some of their holdings. Fib 1.0 – $0.5819: This level represents the previous all-time high (ATH) for HBAR. Breaking past $0.58 would indicate a complete recovery from the previous market cycle and set the stage for a potential new bull run. Egrag marks this as a key psychological level where his profit-taking area begins. Fib 1.272 – $1.2447: This is one of the extended Fibonacci levels, representing a point where HBAR could see additional gains in a bullish market scenario. Egrag mentions that breaking beyond ATH could push HBAR toward this level, making it another key profit-taking zone for long-term holders. Fib 1.414 – $1.8513: If HBAR continues its bullish momentum, it could climb towards this level, representing a major price extension. This level, according to Egrag, is where traders may choose to exit significant portions of their holdings, expecting a slowdown after a major uptrend. Fib 1.618 – $3.27: The ultimate profit-taking zone marked on Egrag’s chart is Fib 1.618, also known as the “Golden Extension.” A move to $3.27 would represent a near 60x move from the current price and a staggering 170x increase from the local bottom of $0.03555. Egrag views this as the maximum upside potential for HBAR in this cycle. Egrag concludes, “With its killer fundamentals and cutting-edge tech, a 30X gain is right on the horizon, making HBAR my top macro play!” At press time, HBAR traded at $0.0504. Featured image created with DALL.E, chart from TradingView.com

Many crypto proponents suggested the race could be a referendum on digital asset policy in the US Senate, with polls showing Warren leading by at least 20 points.

The United Nations Office on Drugs and Crime continues its series on organized crime in Southeast Asia and focuses on Telegram this time. 

Traders Reap Endless Rewards With Plus Wallet’s Swap-to-Earn! Plus, More On DEX Volume Surge And Visa’s New VTAP Launch A large number of institutional and individual investors are turning to the crypto market due to its growing potential. This trend is highlighted by a recent surge in activity on decentralized

Bitcoin’s upward momentum may stall as key indicators reveal overvaluation and decreased capital inflows, suggesting price consolidation. The post Bitcoin (BTC) Price Faces Tough Road to $70,000, Key Indicators Reveal  appeared first on BeInCrypto.

With the crypto market anxiously awaiting what ‘Uptober‘ could have in store for Bitcoin, one finance expert has…

The Hong Kong Securities and Futures Commission (SFC) is reportedly set to issue more licenses to crypto businesses by the year’s end, local news outlet Hong Kong 01 reported on Oct. 7. This follows the recent approval of HKVAX as the third licensed crypto exchange in the city. ‘Deemed to be licensed’ SFC CEO Julia The post Hong Kong set to expand crypto licensing by year-end amid push to become digital asset hub appeared first on CryptoSlate.

Explore PEPE holders’ moves, Cutoshi’s volatility, and BlockDAG’s $10M whale surge in 72 hours. Find out why BlockDAG outshines the top meme coins in the market.

Bitcoin’s rally above $64,000 reinforced a recently established trend change and “locked in” a bullish pattern of higher price lows.

Discover how BlockDAG’s presale achieved a remarkable $10M within 72 hours after its Testnet launch, with insights into BNB’s price challenges and Shiba Inu’s upward potential.

The Dogecoin price has been consolidating around the $0.1 mark, experiencing notable price fluctuations. Amidst this market volatility, the cryptocurrency displays a unique historical chart pattern that a crypto analyst has deemed bullish. Should Dogecoin continue to stay above this pattern, its price is expected to witness a massive 300X run to new All-Time Highs

Betting on US political outcomes is permitted for the first time weeks ahead of the November presidential election.

Unreal 6 is being designed as a platform for metaverse development.

Early October saw DePin expand through partnership: Bitget’s AI integration, a Web3 advocacy group, plus Chirp makes P2E game announcement. The post What’s New in DePin? Bitget Wallet Integrates Grass, InFlux and Akash Launch Web3 Advocacy Group, and More appeared first on BeInCrypto.

New Ethereum meme coin Moodeng has experienced a notable 480% surge in the last 24 hours, following a…

The Wall Street Cheat Sheet has been around for years now and is often passed around in finance circles, so Bitcoin has not been left out. The cheat sheet shows different stages of each market cycle, using sentiment to track where in the cycle a particular asset is. With the Bitcoin market seeming to be stuck in limbo, a crypto analyst has applied the information from the Wall Street Cheat Sheet in an effort to show where we are in the bull cycle. Bitcoin Cycle Moves Into Belief The different stages of the Wall Street Cheat Sheet represents different sentiment in the market and it could help to predict where the Bitcoin price is headed next. According to the crypto analyst Mags who has over 89,000 followers on X (formerly Twitter), the Bitcoin market has currently entered the ‘Belief’ stage. Related Reading: 72% Of ETHUSDT Traders On Binance Go Long – Is This The Buy Signal You Need? Belief is the stage that comes after Optimism, which the crypto analyst puts at around the time the Bitcoin price hit its $73,000 all-time high earlier in the year. The drawdown was expected, leading to this next stage, which is now Belief. What this means for the Bitcoin price is that there could be a continuation of the bull rally. This is because with Belief comes more confidence in the market, and as investors take more bets, the BTC price will rise as a result from here. Basically, the crypto analyst’s post suggests that the Bitcoin bull market is far from over. If the Wall Street Cheat Sheet is anything to go by, then the BTC bull run could only be in its beginning stages with a long way to go as Belief drives its price toward $90,000. BTC Price Could Touch $300,000 Using the Wall Street Cheat Sheet shows that Belief is far from the top of the Bitcoin bull cycle. If anything, it is the confirmation of the ongoing bull market. The next stage is the ‘Thrill’ where investors are making a lot of money from their trades. At this point, more money is flowing into the market to sustain the rally. Related Reading: ‘FLOKI Master Plan’: Crypto Analyst Predicts 2,000% Jump For The Shiba Inu Competitor The last stage of any Bitcoin bull cycle according to the Wall Street Cheat Sheet  is the ‘Euphoria’ stage. This is when investor are completely on board with the Bitcoin bull market and is a time of peak bullish sentiment. At this stage, the analyst’s chart suggests that the BTC price could touch as high as $300,000. However, this stage often marks the top of the market and the euphoria will often not allow investors to realize that the run is over. Once this stage is completed, the Bitcoin price could turn really quickly and lose over 50% of its value as it has done in the past. Featured image created with Dall.E, chart from Tradingview.com

POPCAT, MOG, and NEIRO experience impressive price hikes. However, technical analysis suggests potential volatility ahead. The post Meme Coin Season Is Back: POPCAT, MOG, and NEIRO Lead Rally appeared first on BeInCrypto.

With October upon us, traders have showcased high hopes for the crypto market. Although it has yet to…

Editor’s note: The story has been updated to reflect the latest movement in the election betting markets. Former President Donald Trump has taken a 53.6% to 45.8% lead on prediction market Polymarket in the race for the 2024 presidential election. What Happened: Over $600 million have been traded on the remaining two candidates as Trump continues to build a slender lead in the election odds. Odds aggregator site electionodds.com shows Vice President Kamala Harris now trailing the former President by 49.1% to 50.1% across different betting markets. The former President also holds a 281-257 electoral college votes lead, according to current aggregated odds. Tesla CEO Elon Musk, who appeared with Trump at a rally on Saturday in Butler, PA, highlighted this …Full story available on Benzinga.com

Donald Trump, who has threatened to fire Securities and Exchange Commission (SEC) Chair Gary Gensler if he wins the presidential election, is reportedly considering Dan Gallagher, Chief Legal Officer at Robinhood (NASDAQ:HOOD), to fill the position. What Happened: According to Politico, Gallagher — a former SEC commissioner known for his political acumen — is being eyed as Gensler’s potential successor. It would be an awkward promotion, considering the SEC threatened to sue Robinhood for allegedly operating an unregistered broker-dealer and clearing agency in the crypto markets. Gallagher pushed back against this potential lawsuit, calling it “a dog of a case.” “We’ve been forgoing revenue for the company by not going hog wild listing coins, …Full story available on Benzinga.com

The cryptocurrency market often shows elements of versatility, favoring different coins at different stages or phases within the…

Explore in-depth analysis and expert opinions about the upcoming surge in the Chainlink price. Discover why analysts believe another cryptocurrency could become the next big thing.