ALTCOIN NEWS, POLITICS

Donald Trump’s Comments Propel These 2 Coins: What You Need to Know

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Donald Trump at the Bitcoin conference: MAGA and TREMP skyrocketed!

MAGA (TRUMP), the popular meme coin launched as a tribute to Donald Trump, increased by 15%. The altcoin is currently trading at $7.31 with a market capitalisation of $321 million. The meme coin has seen strong gains this year as Trump’s presidential campaign has favoured Bitcoin and the overall crypto market.

In the last month of June, the MAGA (TRUMP) price rose to an all-time high of $17.01. However, it has corrected more than 50% since then. It will be interesting to see if Trump will make any special announcements at the Bitcoin Conference. If so, it could put MAGA on the road to recovery once again and reach an all-time high. Meanwhile, the other Donald Trump-related meme coin TREMP has skyrocketed over 21% and is currently trading at $0.5639.

According to reports earlier this week, Donald Trump has raised more than $4 million in donations to the crypto market. The majority of contributions were made in Bitcoin, Ethereum (ETH), Ripple-related XRP, and USDC, a stablecoin pegged to the US dollar. Notably, over $2.15 million in Bitcoin donations were made by 19 individuals in 12 states. According to the Federal Election Commission filing, the donors’ occupations ranged widely, including housewife, US soldier, missionary, painter, sales representative for a pizza company, and security technician at the State Department.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

CARDANO NEWS

Will Cardano Storm the Market? Critical Indicators to Watch as ADA Coin Rises

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As the cryptocurrency market experiences another wave of volatility, Cardano (ADA) stands out with promising signs of a potential surge. With the ADA coin price showing upward momentum, investors and enthusiasts are keenly observing several critical indicators that could signal a significant market movement.

Key Indicators to Watch for Cardano (ADA)

  1. Market Sentiment and Volume: One of the primary indicators of ADA’s potential rise is the overall market sentiment and trading volume. An increase in trading volume often reflects growing interest and confidence in the asset. Positive market sentiment, fueled by news and social media buzz, can further drive the price upwards.
  2. Technical Analysis: Technical indicators such as moving averages, RSI (Relative Strength Index), and MACD (Moving Average Convergence Divergence) are crucial for predicting price movements. Currently, ADA shows bullish trends in several of these indicators, suggesting a continuation of its upward trajectory.
  3. Development Updates: Cardano’s development team, led by Charles Hoskinson, continuously works on upgrades and new features. The successful implementation of updates like the Alonzo hard fork has boosted investor confidence. Keeping an eye on upcoming development milestones can provide insights into ADA’s future performance.
  4. Partnerships and Adoption: Partnerships with reputable organizations and increased adoption in various sectors can significantly impact ADA’s value. Cardano’s collaborations in the education, agriculture, and financial sectors demonstrate its real-world utility and potential for widespread adoption.
  5. Regulatory Environment: The regulatory landscape for cryptocurrencies is ever-evolving. Positive regulatory news can act as a catalyst for ADA’s price increase, while negative news can have the opposite effect. Staying informed about regulatory developments is essential for predicting market movements.

How to Stay Informed

Staying up-to-date with the latest news and analysis is crucial for anyone interested in Cardano. Here are some tips to ensure you don’t miss out on important updates:

  • Follow Trusted News Sources: Regularly check reputable crypto news websites and forums.
  • Join Community Discussions: Engage in discussions on platforms like Reddit and Twitter to hear diverse perspectives.
  • Use Technical Analysis Tools: Utilize tools and platforms that offer real-time technical analysis and price alerts.

As Cardano (ADA) shows signs of potential growth, monitoring critical indicators such as market sentiment, technical analysis, development updates, partnerships, and regulatory news is essential. While no investment is without risk, staying informed and making data-driven decisions can help navigate the volatile world of cryptocurrencies.

For more updates on Cardano and other cryptocurrencies, stay tuned to our website.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

ALTCOIN NEWS

Avalanche (AVAX) Investor Movement Triggers Avax Rise?

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Avalanche (AVAX) investors are preparing to rise over the next few months, driven by positive developments related to the project. After the price reversal in the last few days, AVAX was hit with a drop of almost 10%. Fortunately for investors, the token found support in the $ 37 price zone.

At the time of publication, AVAX is trading at $37.30 after rising 2% in the last 24 hours. With a market capitalisation of $13.7 billion, the token has successfully made Dogecoin (DOGE) one of the top ten cryptocurrencies on the market. This position is prioritised because it attracts new investors looking to accumulate funds or enter the cryptocurrency market. It is also expected that these coins will benefit from institutional interest and investment once cryptocurrency ETFs are approved.

AVAX bulls are confident of a bullish year based on network development, the broader bullish wave driven by Bitcoin, and the possibility of crypto ETFs being approved. On-chain data shows that 96,140 addresses bought 10.53 million AVAX at an average price of $39.61. Investors expect a rebound as the digital asset shows more support. However, the $40 resistance level may be difficult to break as some investors are looking for profit-taking. On the other hand, 515,630 investors bought 10.53 million AVAX at a high price of $34.43 and can hold them. While $40 and $45 targets are in sight, the long-term target is currently $50.

Currently, the price of AVAX has reached an all-time high of $ 144, which it reached about 2 years ago. At current prices, the token is down about 144%, but investors hope to reach and surpass the current ATH by the end of the year.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

BlackRock Announced the Date BlackRock is Waiting for Approval for Bitcoin Spot ETFs

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Cryptocurrency Journalist Charles Gasparino Announced the Date BlackRock is Waiting for Approval for Bitcoin Spot ETFs. According to Charles Gasparino’s sources, BlackRock, the world’s largest money management firm, is awaiting approval from the Securities and Exchange Commission (SEC) for its new Bitcoin spot ETF on Wednesday.

According to Charles Gasparino, other companies are also awaiting approval on the same day. Wednesday is already known as the SEC’s final decision-making date, and BlackRock sources have thus stated that they do not expect an approval before the deadline.

The news came amid reports of impending layoffs within the company. BlackRock plans to announce layoffs in the coming days that will affect about 3 percent of its global workforce, about 600 employees. According to a source familiar with the matter, these layoffs, which have not yet been reported, are considered routine within the company. Last year, BlackRock conducted a similar round of layoffs based on employee performance metrics.

BlackRock ended the third quarter of 2023 with $9 trillion in assets under management (AUM). However, the company has experienced significant asset declines since reaching a peak of over $10 trillion in 2022 due to volatile financial markets.

Source: bitcoinsistemi

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

CARDANO NEWS

Three releases Cardano is expected to make in 2023

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After Vasil’s long-awaited update to the Cardano (ADA) platform last year, supporters of the proof-of-stake blockchain are eagerly awaiting three key releases that are expected to come to fruition in 2023.

These are set to cover stablecoins, Cardano’s scalability issues, and the platform’s ongoing oracle development. As of January 6 at 11:44 GMT, ADA was trading at $0.27, up 1.68% from the previous day, according to CoinMarketCap.

Two stablecoins are expected to be launched in the coming months – the USD-backed stablecoin USDA and the over-collateralized stablecoin djed (DJED), U.Today reports. Emurgo, the commercial arm and co-founder of the Cardano blockchain, announced in November 2022 that the USDA will launch on the Anzens platform in the first quarter of 2023.

More recently, it was revealed that the waiting list went public on Dec. 28 to learn more about the USDA.

Unlike the USDA, which will maintain its parity using fiat assets, DJED will maintain its anchor through Cardano’s smart contracts and base currency reserve. Coti announced it was re-enabling the public testnet for DJED in early December 2022, and more recently said it will launch in January 2023.

Hydra
For some time now, Cardano has been preparing for Hydra – Cardano’s Layer 2 scalability solution that aims to increase “transaction speed through low latency and high throughput also offering minimised transaction cost”.

Hydra Head is the first member of the Hydra family protocol. Each Hydra Head, according to the Cardano platform, “works as an off-chain mini ledger shared between a small group of participants. Developers can use Hydra Heads to add specialized, complex protocols on top of Cardano”. The whitepaper for Hydra was released in March 2020 and it is seen as an important development for 2023.

Oracles
In the wake of last year’s launch of Charli3 – the Cardano blockchain’s first decentralized oracle network – there is a further expectation of more to come concerning oracles – which allow on-chain and off-chain data to connect.

source: capital

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

CARDANO NEWS

Cardano liquidation data shows interest in the token waning!

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Cardano (ADA), Cardano prices can be said to be consolidated. The daily loss is negligible as Cardano posted 2.34% growth from week-to-date. According to data from CoinGlass, it seems that the interest of investors who invest in Cardano for the long term has waned. According to liquidation data, Cardano has been subject to liquidation of 716 thousand ADA tokens worth approximately $253,000 at the time of this writing.

The liquidation data was for a 12-hour period, and when expanded further, it will appear that Cardano has fewer long positions compared to other profiled altcoins. While it can be assumed that asset liquidation is not good news for investors, it can gauge how optimistic investors are that the ADA price will continue to appreciate in the medium to long term.

Cardano network growth
Cardano is a strategically growing Layer 1 proof-of-stake (PoS) blockchain network with a number of development efforts to grow the protocol. Among a few initiatives is the Hydra scaling tool, which is currently being worked on and is positioned to help increase the throughput of transactions on the blockchain.

ADA is poised to benefit from targeted protocol upgrades in the near future, as increasing innovations in the network will increase the demand for digital currency, which will increase its value over time.

Although Cardano has been limited in terms of network growth lately, it is experiencing significant whale actions that show the transactional outlook is solid and could contribute to the upcoming price surge.

source: u.today

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS, POLITICS

Novogratz Statement: It’s Time to Buy Gold and Bitcoin

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Billionaire investor Novogratz said in a statement that now is the time to buy Bitcoin. After the problems with the banks, positive opinions continue to increase with Bitcoin.

Michael Novogratz, founder and CEO of Galaxy Digital, stated that the USA is heading towards a credit crisis and said, “Now is the time to buy gold, silver and Bitcoin.” Novogratz made assessments on the global economy in his statements to CNBC. “We will have a credit crisis in the US and globally,” Novogratz said. Stating that banks are rebuilding capital by lending less, Novogratz emphasized that it is likely that the interest policy will be reversed. He said that a dovish increase by the Fed would be a major policy mistake.

The banking crisis in the USA started with the bankruptcy of Silicon Valley Bank (SVB). Following SVB, Signature Bank also joined the list. Before the two banks, it was announced that Silvergate Bank would be liquidated. It is stated that First Republic Bank is also at risk of bankruptcy. On the other hand, there are problems originating from Credit Suisse in Europe. Bitcoin was withdrawn to $19,500 as an initial reaction to SVB’s bankruptcy. With the statements of US institutions, the decline in interest rate expectations and the positive inflation figures, Bitcoin rose to $ 26,500.

Source: Cointelegraph

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Dogecoin rose 25% in 7 days. DOGE rise will continue

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While the crisis continues in cryptocurrencies, Dogecoin has been on the rise for a few days. The reason for the rise is of course Elon Musk again. SpaceX founder and Tesla (NASDAQ: TSLA) CEO Elon Musk announced the “DOGE-1 Moon Mission” in May 2021, but the launch was delayed. According to the information we have learned, the countdown has begun for the launch of SpaceX Falcon 9 with DOGE-1 and IM-1/NOVA-C lunar payloads, which will take off from Kennedy Space Center in Florida on January 14, 2023.

Solana leads the top 100, jumping 9% in 24 hours. Dogecoin November 25, Elon Musk told his 700,000 followers of crypto podcast host David Gokhshtein that Ethereum (ETH) co-founder Vitalik Buterin and the new Twitter (NYSE: TWTR) CEO will be working together soon. The altcoin has gained over 8% in 24 hours.

If the launch of the DOGE-1 lunar satellite goes as planned, it could cause Dogecoin to hit record highs, even surpassing its all-time high in May 2021.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Thomas Lee Reminded the Bitcoin Rise Forecast Again

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There are many different opinions regarding the Bitcoin price. Thomas Lee also reminded his prediction about BTC and stated that he will stick to the $ 200 thousand Bitcoin price prediction even if the current market is negative. We hope Thomas Lee is right, but when?

When there was a big bull season in 2021, Bitcoin reached up to $ 69,000. But Bitcoin did not stay long at $ 69,000. So, will a big bull season come again, and if it will, when will it come? The answer we’ve all been waiting for.

Leading Wall Street strategist Thomas Lee, co-founder of Fundstrat Global Advisors, thinks the cryptocurrency will eventually make a comeback.

source: coingape

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

CARDANO NEWS

Cardano ADA Finally Breaks The Downtrend

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On November 25, Cardano ADA also ended its two-week downtrend and excited ADA lovers as its bullish resumption started. will confirm its resurrection. A rally of 18% could potentially begin right after.

However, if the ADA price does not drop below the support at $0.30, it could be bullish. If he maintains his position, it can turn into a nice rally in the coming days. ADA investors, however, need to be cautious due to month-end volatility. Be sure to follow the graphics and news. Negative news in the coin market is likely to trigger coin drops.

The ADA price action between November 11 and 25 shows that a trendline can be drawn connecting the four lower highs formed during the same period. But on November 26, ADA saw a spike in selling pressure. This put it above the trendline mentioned above.

Supporting this bullish move for Cardano ADA price is the 30-day MVRV pattern, which is hovering around 8% after bouncing from a 14% low.

This index is used to determine the average profit/loss of investors who bought ADA in the last month. According to Santiment’s research, a value between -10% and 25% is an ideal place for recovery rallies to start.

Any drop in this on-chain metric from 11.3% to 28.3% over the past four months has resulted in a bottom formation. While past results are not indicative of future results, investors need to be careful with this strategy. Because this can trigger an uptrend.

While things are getting better for Cardano ADA price, losing the $0.30 support level will invalidate the bullish argument.

Source: fxstreet

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

AdaCoinLive, – Cardano News

  • Bitcoin (BTC) $ 97,129.00 4.67%
  • Ethereum (ETH) $ 3,128.73 0.57%
  • Solana (SOL) $ 242.42 2.61%
  • BNB (BNB) $ 611.19 0.43%
  • XRP (XRP) $ 1.11 2.02%
  • Dogecoin (DOGE) $ 0.385009 1.15%
  • Cardano (ADA) $ 0.780987 0.57%
  • TRON (TRX) $ 0.197689 0.2%
  • Shiba Inu (SHIB) $ 0.000024 1.81%
  • Toncoin (TON) $ 5.46 0.59%
  • Avalanche (AVAX) $ 34.02 0.04%
  • Chainlink (LINK) $ 14.56 0.54%
  • Polkadot (DOT) $ 5.69 2.33%
  • Polygon (MATIC) $ 0.438459 2.51%
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