The burn rates of meme coins Shiba Inu and FLOKI have experienced significant spikes, raising questions about a coordinated effort to reduce the supply of these cryptocurrencies. Despite the increased burn rates, there has been no impact on the prices of SHIB and FLOKI, which continue to trend low.
about Burn Rates of Dogecoin Rivals Shiba Inu and FLOKI Surge, Sparking Coordinated Effort SpeculationTradingView.com
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Cardano (ADA) Poised for 30-40% Price Surge, Analyst Predicts
Cardano (ADA) is currently experiencing a consolidation period after a significant price surge in December. Despite the recent decline, a crypto analyst predicts a potential 30-40% price surge for Cardano, which could push the token past $0.80.
about Cardano (ADA) Poised for 30-40% Price Surge, Analyst PredictsCrypto Analyst Predicts Bullish Hammer for XRP Amidst Market Disruption
Crypto analyst CryptoWzrd has predicted a potential bullish hammer formation for XRP, noting that a bullish candle must appear on January 4 for this pattern to take place. Despite the recent disruption in the crypto market, CryptoWzrd remains optimistic about XRP’s potential to rebound and push towards the $0.7300 mark. The analyst also emphasizes that the trajectory of Bitcoin and emerging fundamental data will play a crucial role in determining XRP’s future trajectory.
about Crypto Analyst Predicts Bullish Hammer for XRP Amidst Market DisruptionDogecoin’s Potential Success Without an ETF and the Impact of Spot Bitcoin ETFs on BTC
A crypto expert argues that Dogecoin does not need an ETF to succeed, as its status as a meme coin and its appeal to regular users make it better suited for everyday transactions. However, the expert warns that the approval of a Spot Bitcoin ETF could diminish Bitcoin’s value as a transactional currency.
about Dogecoin's Potential Success Without an ETF and the Impact of Spot Bitcoin ETFs on BTCShiba Inu Price Poised for 100% Surge as Analyst Predicts Bullish Rally
The Shiba Inu price has maintained a consistent bullish momentum, making it one of the few cryptocurrencies to do so. Analysts predict a 2x rally in the short term, with the potential for a 100% increase in price if it surpasses key resistance levels. However, market uncertainty and the decline in cryptocurrency prices have impacted Shiba Inu’s value.
about Shiba Inu Price Poised for 100% Surge as Analyst Predicts Bullish RallyCryptocurrency Market Plunges as Bitcoin ETF Approval Rumors Swirl
In a sudden market selloff, the cryptocurrency market lost nearly $200 billion in value due to rumors of potential Bitcoin ETF denials by the SEC. However, this dip could present an opportunity for buyers, as a high volume breakout suggests a possible bull run in the coming months.
about Cryptocurrency Market Plunges as Bitcoin ETF Approval Rumors SwirlEthereum’s Next Price Targets Revealed by On-Chain Analysis
Ethereum’s next major targets, based on the MVRV Pricing Bands, are $3,830 and $5,100. These levels indicate potential overvaluation and could lead to profit-taking and price corrections.
about Ethereum's Next Price Targets Revealed by On-Chain AnalysisEthereum Co-Founder Vitalik Buterin Highlights Importance of Crypto in Countering Government Power and Loss of Financial Control
Vitalik Buterin, co-founder of Ethereum, believes that the worst thing that happens on the Ethereum network is when people lose money. He also highlights the role of crypto in countering the powers of governments and large corporations, providing people with more control over their finances. Vitalik proposes a better kind of democracy tool for the Ethereum community, using ZK votes to reflect the wishes of everyone involved. He is optimistic about Ethereum’s future, citing improvements in scaling and addressing previous issues with UX, security, and privacy.
about Ethereum Co-Founder Vitalik Buterin Highlights Importance of Crypto in Countering Government Power and Loss of Financial ControlBitcoin ETF Approval Speculations Drive Surge in Bitcoin Price
Bitcoin surged over 6% on January 2, breaking $45,000 for the first time since April 2022, amid speculation that the US Securities and Exchange Commission (SEC) may approve a spot Bitcoin ETF. However, the timing of the SEC’s decision remains uncertain, with some suggesting a possible delay due to the amount of paperwork still needing review.
about Bitcoin ETF Approval Speculations Drive Surge in Bitcoin PriceBitcoin’s Consolidation Continues as Supply Walls Shape its Next Move
Bitcoin is currently trading between two major supply walls, with heavy supply in the $41,200 to $42,400 and $42,400 to $43,700 ranges. These supply walls could serve as important retest levels for Bitcoin, with potential support when retesting from above and resistance when retesting from below. The next major resistance is at $46,300 to $47,600, while the next major support is at $38,600 to $39,900.
about Bitcoin's Consolidation Continues as Supply Walls Shape its Next Move