The latest forecasts for Ripple hint at upward trends, while the shift from RNDR to RENDER tokens catches eyes. Amid these shifts, BlockDAG (BDAG) emerges as the dominant bullish cryptocurrency.

The launch of the X1 Miner App on the Apple Store and the distribution of five X30 miners are transforming mobile mining. The buzz from offering a 10% additional bonus on purchases exceeding $10K has ignited a presale boom, accumulating $58.3M across 20 presale segments. This positions BlockDAG as the prime choice for investors eager for innovation and expansion in the cryptocurrency realm.

XRP Price Forecast: Downtrend with Potential Upswing

Recent predictions for Ripple underscore XRP’s persistent downtrend, marked by its continual close beneath the 50 and 200 weekly Moving Averages. XRP has declined more than 10% in the last four weeks, priced around 44 cents. Nonetheless, some forecasters anticipate a significant bullish surge as the weekly RSI approaches the oversold threshold.

Should history echo, XRP might initially aim for $2, potentially climbing to a record peak of $16, and ultimately targeting $305. These forecasts also note the ongoing SEC lawsuit as a substantial obstacle, with a verdict expected by July’s end.

Render Token Exchange: Binance Facilitates RNDR to RENDER Shift

Binance is set to facilitate the Render token transition from RNDR to RENDER, halting all RNDR transactions on July 22. This change will involve removing RNDR trading pairs and delisting margin pairs. Users are encouraged to finalize their RNDR deposits prior to the suspension to prevent disruptions.

New RENDER trading pairs will debut on July 26, promoting a smooth transition. Binance will automatically handle the token conversion at a 1:1 rate. This token exchange underscores Binance’s dedication to enabling straightforward transitions and ensuring uninterrupted trading for its clientele.

Celebrating the Launch of BlockDAG’s X1 Miner App

BlockDAG is at the forefront of the crypto mining industry with the release of the X1 Miner App, now accessible on the Apple Store. This state-of-the-art app converts your mobile into an efficient mining tool, capable of generating up to 20 BDAG coins daily, all while preserving battery and data usage. Its power-saving algorithm promotes sustainable mining, ideal for crypto mining novices or those seeking an easy entry into the field. Miners can commence operations on Devnet, with plans to migrate these coins to Testnet and Mainnet.

Additionally, the X1 Miner App introduces a dynamic referral program that significantly increases earnings as referrals mine. Coupled with features like OTP verification for secure logins, direct presale access to BDAG coins, and a live leaderboard, these elements enrich the user experience and engagement, cementing the X1 app as a pivotal element of BlockDAG’s strategy to broaden its mining community.

Alongside the app’s unveiling, BlockDAG has launched an enticing giveaway of five X30 miners. These advanced miners deliver a 280 GH/s hash rate, markedly enhancing mining power up to 600 BDAG coins daily.

Moreover, purchases exceeding $10K are rewarded with an extra 10% in BDAG coins, boosting miners’ potential gains and deepening their integration into the BlockDAG ecosystem.

Summing Up

While Ripple’s price forecast points to potential escalation and the Render token exchange garners focus, BlockDAG distinctly emerges as the leading bullish cryptocurrency. The introduction of the X1 Miner App and the X30 Miner giveaway is revolutionizing mobile mining.

The additional 10% bonus on substantial purchases has sparked an impressive presale rally, culminating in $58.3M across 20 batches. These developments reaffirm BlockDAG’s status as the premier investment opportunity for those chasing the next major breakthrough in the cryptocurrency market.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficialDiscord: https://discord.gg/Q7BxghMVyu

The post XRP Price Growth and Render Token Swap Momentum Accompany BlockDAG’s $58.3M Presale & X1 App Launch’s Excitement appeared first on Crypto News Land.

ALGO’s Falling Wedge Breakout indicates a potential bullish reversal, breaking a descending trendline with upward momentum.

Trading volume and candlestick patterns indicate increased market activity, with ALGO’s price showing an upward movement.

At press time, ALGO trades at $0.158, up 6.38% in 24 hours, reflecting the broader volatility of the crypto market.

Recent price action on Algorand (ALGO) indicates a potentially bullish reversal according to market analysts. On the daily timeframe, a Falling Wedge Upside Breakout has been confirmed, showing an upward movement that could signal the end of a prolonged downtrend.

$ALGO (Update)Telegram channel https://t.co/D6adSbGP81A Falling Wedge Upside Breakout has been confirmed on the daily timeframe .#ALGOUSDT #ALGO #Crypto#CryptoNews #charts #feed #trading pic.twitter.com/kYXmpUnXkh

— CryptoBreakout_trade (@breakout_expert) July 15, 2024

Key Observations from ALGO Price Movement

The price chart for ALGO/USD shows a downtrend characterized by lower highs and lower lows. A descending trendline was recently broken, indicating a shift in market sentiment. This breakout is accompanied by a strong upward movement after ALGO reached a low point, suggesting a bullish trend.

Source: @breakout_expert

The green candlesticks represent price increases. Although trading volume isn’t well shown, the size of the candlesticks provides an indirect indication of trading activity. A green box on the chart suggests a potential bullish price target, indicating market optimism for further price increases.

Analyst Insight and Future Projections

According to crypto analyst @WorldOfCharts1 on X, the breakout from the Falling Wedge pattern in ALGO could lead to a 120% bullish wave. This optimistic outlook is based on the recent price movements and the break above the descending trendline. However, it’s crucial to approach this projection with caution and consider additional analysis.

Technical Analysis

Another price chart for ALGO over several months shows a descending channel from March to June, with the price fluctuating between $0.11 and $0.34. The recent breakout above the upper trendline suggests a potential trend reversal or at least a short-term upward movement. 

Volume bars at the bottom of the chart show a slight increase in trading volume, supporting the upward price movement. A blue box on the chart indicates a potential resistance level around $0.3187.

Source: @WorldOfCharts1

At press time, Algorand was trading at $0.158 and is up by 6.38% in the past 24 hours. Algorand is on an upward trend and is showing volatility similar to the entire crypto market currently.

The recent breakout in ALGO’s price movement could be seen as a bullish signal, potentially indicating a reversal of the previous downtrend. However, it’s essential to consider this as part of a broader analysis, including fundamental factors and market conditions. While the technical indicators are promising, past performance does not guarantee future results. 

Read also

Algorand (ALGO) Price Prediction 2024: When Will ALGO Break the $2 Barrier?

How ALGO’s Stability Above $0.10 Could Signal a Soaring Path to $0.20

How ALGO’s Breakthrough Hints at a Potential Surge to $0.105

Algorand (ALGO) Price Prediction 2023 to 2031: Will ALGO Price Hit $3 Soon?

Algorand (ALGO) Price Analysis Aug Week 2 to 3

The post Algorand (ALGO) Shows Bullish Reversal with Falling Wedge Breakout appeared first on Crypto News Land.

The Ethereum (ETH) price target remains a key focus, with ETH recovering above $3,000 despite recent fluctuations. The Solana ETF prediction hints at significant market influence, with the SEC decision looming and investor eyes on potential outcomes. Meanwhile, MOONHOP is attracting significant attention as its presale reached $919k. This emerging crypto promises high ROI, and its referral program has sparked notable investor interest, making it a compelling choice for those seeking new and exciting investment opportunities in the crypto market.

Ethereum’s Recent Price Movements and Key Resistance Levels

The Ethereum (ETH) price target has seen a retest of the $2,820 support zone. Forming a base above this level, ETH began a consolidation phase, similar to Bitcoin. Recently, it has managed a recovery wave, breaking above the $2,880 and $2,920 resistance levels. 

Currently, Ethereum is trading above $3,000 and the 100-hourly Simple Moving Average, staying above the 23.6% Fib retracement level from the $2,894 swing low to the $3,072 high. The next Ethereum (ETH) price target includes facing resistance at the $3,080 and $3,150 levels, with a potential rise to the $3,200 mark. Failing to clear the $3,150 resistance could see ETH start another decline, with initial support near $3,020 and major support around $2,960.

Solana ETF Decision Looms with Potential Market Impact

The Solana ETF prediction anticipates a final decision deadline for Spot Solana exchange-traded funds (ETFs) in mid-March next year, following applications by the Chicago Board Options Exchange (CBOE). On July 8, CBOE filed two applications for the VanEck Solana Trust and the 21Shares Core Solana ETF. These filings compare the potential Solana funds to existing Bitcoin and Ether ETFs, highlighting Solana’s resistance to price manipulation.

The Solana ETF prediction suggests that the SEC’s decision will significantly influence the market. The SEC has 240 days to decide on the authorization, with the decision clock starting once the filings are acknowledged. Notably, the outcome of the November presidential election could impact this decision. 

MOONHOP: The Emerging Crypto Adventure Awaiting Investors

MOONHOP offers a refreshing and joyful investment journey, unlike the confusing paths often found in the crypto world. This emerging crypto aims to guide its community, affectionately called “The Fluffle,” towards financial freedom. Whether a seasoned enthusiast or a newcomer, everyone in The Fluffle is bound by a spirit of togetherness and mutual support, bouncing towards new financial heights.

MOONHOP’s referral program further fuels its growth and popularity among investors. By inviting friends to join and use a unique referral code, participants can earn 10% of the tokens their referrals purchase. This program not only expands the community but also rewards members for their efforts, making MOONHOP an engaging and rewarding investment option.

Currently, MOONHOP’s presale has impressively reached $919,000 in stage 1, highlighting its strong appeal. The tokenomics of MOONHOP are designed to ensure fair distribution and robust growth. With a total supply of 8,000,000,000 MOONHOP and a presale allocation of 4,000,000,000 MOONHOP, the launch price is set at $0.50 per token, starting at just $0.01. This structured approach offers early investors significant potential for returns.

As MOONHOP continues to gain attention in the crypto market, it stands out as a top choice for those looking to invest in a promising and emerging crypto. With its unique community-focused approach and rewarding referral program, MOONHOP is set to become the hoppiest place in the crypto universe.

Final Call

As the crypto landscape evolves, Ethereum (ETH) price target and Solana ETF predictions continue to shape investor sentiments. However, the emerging crypto, MOONHOP, surpasses expectations with its robust presale reaching $919K and a compelling referral program. MOONHOP not only offers a promising investment opportunity but also embodies a community-driven approach that promises significant returns. Now, in its presale phase, is the ideal time to invest, positioning MOONHOP as a superior choice compared to established coins.

Invest in MOONHOP Presale Now:

Website: MOONHOP.io

Presale: https://MOONHOP.io/buy

Twitter: https://twitter.com/MOONHOPcoin

Telegram: https://t.me/MOONHOPcoin

The post MOONHOP’s $919K Presale and Referral Program Excite Investors Beyond Ethereum (ETH) Price Target and Solana ETF appeared first on Crypto News Land.

South Korea’s ruling party suggests postponing crypto tax to 2028 due to unfavorable sentiment and higher risks.

Proposed 20% tax on crypto gains exceeding 2.5 million won delayed to 2028, down from a 50 million won threshold for stocks.

The Finance Ministry to decide on the proposed crypto tax delay by the end of the month, amidst broader financial tax discussions.

South Korea’s ruling People’s Power Party has proposed postponing the taxation of cryptocurrency gains until 2028. Initially set to take effect on January 1, 2025, this delay is a shift in the country’s approach to crypto regulation.

BREAKING SOUTH KOREA HAVE SUGGESTEDPOSTPONING TAXATION OF CRYPTOGAINS UNTIL 2028.SUPER BULLISH

— Ash Crypto (@Ashcryptoreal) July 15, 2024

Reasons for Delay

The proposal, submitted on July 12, cites unfavorable sentiment toward crypto assets and the higher risks compared to stocks as key reasons for the delay. The party argued that immediate taxation could drive investors away from the market. Initially, the tax plan faced delays since its announcement. Originally set for January 1, 2022, it was postponed to 2023, then 2025, due to backlash from investors and industry stakeholders.

The proposed 20% tax applies to annual gains exceeding 2.5 million won (approximately $1,800), a much lower threshold than the 50 million won (about $36,000) for stock gains. The ruling party, led by President Yoon Suk-yeol, had promised during the April general elections to delay the tax by two years, emphasizing the need for a comprehensive crypto framework before implementing such taxes.

Need for Comprehensive Framework

The party highlighted the necessity of a system to oversee crypto transactions, similar to the stock exchange, which would require about two years to develop. Concerns among crypto investors about the lack of clarity surrounding the proposed tax have contributed to price fluctuations in major cryptocurrencies. This uncertainty has seen daily trading volumes on domestic exchanges drop significantly, adding to worries about the market impact of the tax.

Local media reports indicate that the government had already postponed the tax implementation twice due to criticism from the crypto industry. Some critics argue that the government should have used the three years of preparation time more effectively. The Ministry of Strategy and Finance is expected to announce its position on the proposed delay by the end of the month.

Market Impact

South Korea’s crypto market is one of the largest and most active in the world. Data from Kaiko showed that the Korean won was the most-used fiat currency for crypto trading over the U.S. dollar in early 2024. The proposed delay is part of broader discussions about taxes on financial investments in South Korea, where the government had also considered eliminating the tax on income from financial investments.

Future Steps

South Korea’s proactive approach to crypto regulation emphasizes investor protection and market stability. President Yoon Suk-yeol stressed the need for a clear legal system for cryptocurrencies before implementing the tax. As the July 19th implementation of user protection law approaches, the country aims to ensure transparency and investor safeguards, solidifying its position in responsible crypto adoption.

Read also

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US SEC Continues Delays on Bitcoin Spot ETF Decisions

The post South Korea Proposes Crypto Tax Delay to 2028 Amid Investor Concerns appeared first on Crypto News Land.

The crypto market is experiencing a calm period, with experts predicting a bull run on the horizon. Altcoins remain at low prices but show potential for significant growth. This article delves into the top five cryptocurrencies that investors are urged to hold onto until 2025. These coins are seen as must-haves for anyone serious about capitalizing on the next big surge. Eager to know which digital currencies stand ready for an explosive rally? The information provided will outline the expert picks poised for impressive gains amidst the expected market upswing.

BlastUP Releases Blastbox V2: a Treasure Trove Full of Perks

Fresh off raising $8 million in its presale, BlastUP, the top launchpad on Blast, introduces another opportunity to get $BLASTUP tokens at the presale price with the launch of Blastbox V2. This loot box is a treasure chest brimming with perks, including $BLASTUP tokens and Booster Points. Buying BLASTUP tokens ahead of TGE offers a chance to make a smart investment, as experts are predicting potential returns of up to 1000%.

Blastbox V2 offers more than just valuable assets; it’s a gateway to exclusive privileges on BlastUP. Owners enjoy benefits such as NFT and token airdrops, membership in the BlastUP Club, and priority access to IDOs.

Discover the Full Potential of Blastbox V2

Obtaining Blastbox V2 is your last chance to secure early access to BlastUP at the best price. This launchpad is rapidly emerging as a powerhouse in the Blast blockchain, already making waves with four successful IDOs.

If you are still searching for the next big crypto treasure, look no further. With only 9999 Blastboxes V2 available at launch and packed with unmatched utility, these rare loot boxes are poised to fly off the shelves.

Grab Your Blastbox V2 Now, Before They’re All Gone!

LayerZero (ZRO) Bulls Poised for Breakout Amid Potential Altcoin Season

LayerZero (ZRO) has shown remarkable resilience, currently trading between $3.48 and $4.39. Despite a recent Bitcoin sell-off, ZRO bulls remain strong. The price is above the 10-day and 100-day simple moving averages, hinting at upward momentum. With a month-over-month rise of over 300%, ZRO is set to challenge the $4.91 resistance level soon. Should it break this level, the next target is $5.83, signaling a potential 30% climb from current levels. The Relative Strength Index (RSI) and Stochastic indicators both suggest favorable conditions, hinting the bulls are gearing up for an exciting altcoin season.

Is Notcoin Ready to Skyrocket? Bulls vs. Bears Showdown

Notcoin (NOT) is currently trading in the range of $0.0133 to $0.0174. Despite recent dips, bulls seem ready to take charge, as seen in a 12.43% jump in the past week. The 6-month price rise of over 700% also signals strong potential for growth. If bulls can push through the nearest resistance at $0.0197, the next target is $0.0238, which would mark a substantial gain. Relative Strength Index (RSI) near 63 suggests there’s still room to climb before hitting overbought territory.

Ondo (ONDO) Set for Major Rally Amid Bullish Patterns

Ondo (ONDO) is showing signs of strength despite recent market dips. The coin is trading between $0.88 and $1.10, with bulls appearing resilient. The price surged by over 15% in the past week and a staggering 3369% over the last six months. Currently, ONDO is approaching its nearest resistance at $1.19. If it breaks this level, it could climb to the second resistance at $1.41, a potential rise of over 20%. Support at $0.75 provides a safety net. With an RSI of nearly 64 and a MACD level above zero, ONDO looks primed for growth, possibly repeating past bull run patterns.

Toncoin (TON) Rally: Preparing for a Bull Run

Toncoin is showing signs of promise despite recent dips in the crypto market. Currently trading between $7.02 and $7.64, the token is close to its 10-day moving average of $7.49, indicating a possible bullish trend. With a past 6-month rise of over 200%, Toncoin has strong growth potential. Immediate resistance is found at $7.87, and breaking this could propel the price toward the second resistance at $8.49, suggesting a possible gain of around 20%. With supportive levels at $6.62 and $6.00, bullish traders are eyeing significant upside potential if the positive momentum holds.

Conclusion

Among the listed cryptocurrencies, ZRO, NOT, ONDO, and TON show promise but are expected to have limited gains in the short term. The standout is BLASTUP. This currency boasts a strong concept and benefits significantly from being part of the Blast ecosystem. As the bull run continues in 2024, BLASTUP presents the highest potential for growth. Investors looking for robust returns should keep a close watch on BLASTUP till 2025.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

The post Expert Named Top 5 ‘Must-have’ Cryptocurrencies That Every Crypto Enthusiast Must Hold Tight Till 2025 appeared first on Crypto News Land.

Utility surge and legal win against the SEC could push XRP to $57 in the next bull run

Analysts expect XRP to reach $57 during the bull run.

A psychological barrier or resistance point at $10 may pose a challenge to XRP’s anticipated ascent.

Cryptocurrency enthusiasts are closely monitoring the XRP market. Recent developments suggest that the digital asset could experience significant gains in this bull run. Experts believe XRP might surge to $57 due to various factors. Firstly, XRP’s utility has been steadily increasing. XRP is gaining traction as a utility token, particularly in cross-border payments and remittances. 

Ripple’s partnerships with major banks and payment processors enhance XRP’s appeal. The ongoing legal battle between the SEC and Ripple Labs has been a point of concern for XRP investors. However, recent developments indicate positive outcomes for Ripple. 

Renowned cryptocurrency attorney John Deaton suggests that a settlement of $20 million or less would be a significant win for Ripple. Additionally, British banking giant Barclays views the recent XRP ruling by the U.S. Southern District Court as “incrementally positive” for the crypto exchange.

WOW! #XRP could surge to $57 in the next bull run, driven by increased utility and a favorable outcome in the ongoing SEC lawsuit! pic.twitter.com/sGKfpnD8a2

— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) July 14, 2024

Crypto Barbie, a popular analyst, sets a minimum target of $57 for XRP during this bull run. This implies an astonishing 9887.72% increase from the current price of $0.57. However, a psychological barrier exists around the $10 mark, which could create substantial selling pressure. According to analysts, investors should keep an eye on this potential resistance point and avoid making uninformed decisions.

XRP’s Utility 

XRP’s utility surge and favorable legal developments position it for substantial growth. This token serves as a bridge currency in Ripple’s payment protocol, facilitating fast, low-cost transfers of money globally. 

Ideally, XRP’s utility lies in enhancing liquidity and reducing transaction times between different currencies and financial institutions. While challenges remain, the crypto community eagerly awaits the next bull run, hoping that XRP will indeed achieve a new all-time high.

Read Also 

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XRP Charts Spark Hope: Potential Parabolic Surge Ahead

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Market Manipulation, Bitcoin ETF Outflows, FUD Rising; Crypto Dip Barrels on, Parabolic Trend on the Horizon

The post XRP to $57 Floats Closer as Utility Surge and Legal Wins Point Toward Parabolic Price Spike appeared first on Crypto News Land.

The crypto market is currently calm, poised before an anticipated bull run. Altcoins remain at low prices, primed for potential explosive growth. Among them, XRP has caught attention with its upward momentum. This brings a crucial question to the forefront: Is it the opportune moment to cash in on XRP and shift focus to altcoins with seemingly greater potential? With many promising coins still undervalued, the landscape is ripe for strategic moves. This article delves into the promising altcoins that could be ready for significant growth.

CYBRO Presale Achieves $1.3 Million Milestone: A One-in-a-Million Investment Opportunity

CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $1.3 million. This cutting-edge platform offers investors unparalleled opportunities to maximize their earnings in any market condition.

Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest.

Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform.

With only 21% of the total tokens available for this presale and approximately 25 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.

>>>Join CYBRO and aim for future returns up to 1200%<<<

Solana’s Bullish Momentum Signals Major Gains Ahead

Solana currently trades between $134.38 and $154.92, showing strong bullish signals. The nearest resistance level at $162.06 looms close, hinting at potential for a breakout. With a 10-day simple moving average of $152.15, SOL remains above its key trend lines. The RSI of 71.76 and Stochastic of 86.50 suggest it’s nearing overbought territory, yet the coin has surged 56.16% over the past six months. If bulls can push through the $162.06 barrier, SOL could aim for $182.60, marking a potential 18% gain from current levels. The overall momentum suggests robust growth, reminiscent of bullish patterns seen in early 2021.

Toncoin (TON) Rally: Preparing for a Bull Run

Toncoin is showing signs of promise despite recent dips in the crypto market. Currently trading between $7.02 and $7.64, the token is close to its 10-day moving average of $7.49, indicating a possible bullish trend. With a past 6-month rise of over 200%, Toncoin has strong growth potential. Immediate resistance is found at $7.87, and breaking this could propel the price toward the second resistance at $8.49, suggesting a possible gain of around 20%. With supportive levels at $6.62 and $6.00, bullish traders are eyeing significant upside potential if the positive momentum holds.

Ondo (ONDO) Set for Major Rally Amid Bullish Patterns

Ondo (ONDO) is showing signs of strength despite recent market dips. The coin is trading between $0.88 and $1.10, with bulls appearing resilient. The price surged by over 15% in the past week and a staggering 3369% over the last six months. Currently, ONDO is approaching its nearest resistance at $1.19. If it breaks this level, it could climb to the second resistance at $1.41, a potential rise of over 20%. Support at $0.75 provides a safety net. With an RSI of nearly 64 and a MACD level above zero, ONDO looks primed for growth, possibly repeating past bull run patterns.

Conclusion

XRP has shown impressive growth, but other coins like SOL, TON, and ONDO may not match its short-term potential. CYBRO, a highly advanced DeFi platform, presents a lucrative option for investors. It leverages AI for yield aggregation on the Blast blockchain. CYBRO offers staking rewards, exclusive airdrops, and cashback on purchases. Its focus on seamless transactions, transparency, and compliance makes it appealing. The project also draws strong interest from crypto whales and influencers, suggesting a solid future.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

The post XRP’s Upward Momentum: Is It Time to Cash In and Shift to Altcoins with Greater Potential? appeared first on Crypto News Land.

NAKA shows a hidden bullish signal on the weekly chart, indicating potential strength and a trend reversal.

Long lower wicks and bullish candle formations reinforce a positive outlook for NAKA.

NAKA’s potential breakout aligns with Bitcoin’s recovery, making it an intriguing investment option.

Nakamoto Games’ native token, NAKA, reveals a hidden bullish divergence on the weekly chart. Coupled with positive sentiment in the broader cryptocurrency market, NAKA’s technical setup suggests a potential breakout alongside Bitcoin (BTC).

$NAKA Massive Hidden Bullish Divergence on the Weekly.Lot of room for upside with RSI lower than the bear market lows. pic.twitter.com/0Xm7HC9fuo

— Crypto Baxx (@CryptoBaxx) July 14, 2024

But what’s a hidden bullish divergence? This phenomenon occurs when an asset’s price forms lower lows on the chart, while its corresponding technical indicator (such as the Relative Strength Index or Moving Average Convergence Divergence) shows higher lows. 

Significance of the Hidden Bullish Divergence 

Essentially, hidden bullish divergence signals underlying strength and a potential trend reversal. Despite short-term price declines, buyers are accumulating the asset, setting the stage for an upward move.

The hidden bullish divergence on NAKA’s weekly chart signals that the recent down-trend may be losing momentum. Traders often view such divergences as a precursor to price reversals. 

Currently trading around $1.2, NAKA hovers near a critical support level. A bounce from this level could validate the hidden bullish divergence and attract more buyers.

The daily, weekly, and monthly candles all exhibit bullish characteristics. Long lower wicks (shadows) on recent candles suggest buying pressure at lower price levels. 

The presence of hammer or bullish engulfing patterns reinforces the positive outlook. Many analysts believe that NAKA’s fundamentals remain strong. The gaming platform’s unique features, including play-to-earn mechanics and NFT integration, position it favorably in the competitive blockchain gaming space. 

NAKA’s potential breakout aligns with Bitcoin’s recent recovery. As the leading cryptocurrency gains strength, altcoins like NAKA often follow suit.

While no investment is without risk, NAKA’s technical setup and positive sentiment make it an intriguing candidate for traders and investors. As always, conducting thorough research and considering your risk tolerance is essential before making any investment decisions.

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Nakamoto Games Lights Up NAKA Ecosystem with Gold and Gem Assets

Nakamoto Games Recognized by Binance Research, Will this Trigger NAKA’s Price Growth?

The post NAKA’s Weekly Chart Reveals Hidden Bullish Divergence, a Major Upside Soon? appeared first on Crypto News Land.

In a groundbreaking move that sets a new precedent in the DeFi sector, Zeebu, a leading Web3 payment platform for the telecom industry, is thrilled to announce its upcoming quarterly token burn event, governed by the ZBU Phoenix Protocol and its innovative ‘ZBU Protocol’. This is in a bid to revolutionize the DeFi payments landscape.
Scheduled for August 2, 2024, this event marks the third quarterly token burn and is designed to significantly reduce the circulating supply of ZBU tokens, reinforcing Zeebu’s commitment to maintaining value, ensuring sustainable growth, and setting a new standard in crypto-economics. 
Zeebu uses advanced blockchain technology to make telecom settlements faster, more secure, and significantly cheaper for telecom carriers and their partners. The network employs smart contracts to automate and streamline transactions, ensuring accuracy and transparency, and reducing operational costs. The platform is meticulously built to allow telecom companies to integrate seamlessly without extensive development effort. 
Since its launch in July 2023, Zeebu has processed an impressive $3 billion in transactions, demonstrating the growing trust and adoption of the Zeebu platform and ZBU tokens by telecom carriers. The ZBU Phoenix Protocol plays a crucial role in this success by strengthening its tokenomics and driving sustainable ecosystem growth. Zeebu is also taking its next step towards further decentralization with the launch of the ZBU Protocol. 
ZBU Phoenix Protocol: Setting a New Standard in Crypto Economics 
The ZBU Phoenix Protocol introduces a transformative approach to cryptocurrency economics, strategically reducing a significant portion of the total supply every quarter. This innovative process mirrors the regenerative cycle of the mythical Phoenix, symbolizing rebirth, renewal, and enduring value.  
At its core, the protocol implements a systematic burning mechanism for ZBU tokens used in transactions. This process effectively manages token supply, maintaining ZBU’s efficacy as a settlement medium in the telecom industry. By ensuring a balanced token economy, the Phoenix Protocol addresses potential challenges in the cryptocurrency ecosystem. 
Zeebu’s commitment to a sustainable and efficient blockchain-based settlement system is exemplified through this approach. The ZBU Phoenix Protocol not only preserves the functional value of ZBU but also positions Zeebu at the forefront of innovative financial technologies in the telecom sector. 
In February 2024, Zeebu conducted its first quarterly burn, processing $714 million in transactions and burning 236 million ZBU which represented 4.73% of the maximum supply. The second quarterly burn in May 2024 saw a substantial increase, with Zeebu processing over $1 billion in transactions and burning 239 million ZBU, marking a remarkable 46.1% growth in transaction volume. 
The third quarterly burn in August 2024 is a significant event for the Zeebu ecosystem, projected to process over $1.50 billion in transactions—an approximate 50%  increase from the previous quarter. 
Reflecting on this growth, Keshav Pandya, COO and co-founder of Zeebu, commented: “Each burn event is a milestone in Zeebu’s evolution. The consistent growth in transaction volume and the amount of tokens burned demonstrate the increasing utility and trust in our platform. Our innovative approach ensures a stable and reliable presence for ZBU, safeguarding its effectiveness and fostering long-term growth.” 
In addition to the burn event, Zeebu is taking its next step towards further decentralization with the launch of the ZBU Protocol, an innovative initiative designed to revolutionize decentralized finance (DeFi). 
Zeebu Plans to Launch the ‘ZBU Protocol’: Unlocking $196M in Potential Rewards for B2B Settlements 
 Building on its commitment to decentralization, Zeebu proudly announces the upcoming launch of the ZBU Protocol, poised to become the largest liquidity protocol for B2B settlements. This innovative protocol empowers diverse stakeholders – from Delegators and Deployers to On-Demand Liquidity Providers (OLPs) – by offering substantial annual percentage yields (APY) through Protocol Rewards. 
The ZBU Protocol introduces key features that promise to revolutionize B2B settlements. Participants can stake ZBU in the VeZBU pool and provide liquidity in Balancer Pools upon launch, unlocking access to significant Protocol Rewards.
With a projected settlement volume of $14 billion over the next 12 months, participants can anticipate Protocol Rewards totaling approximately $196 million.  
Adding to this, Raj Brahmbhatt, CEO and founder of Zeebu, stated, “With the ZBU Protocol, we’re unlocking the full potential of DeFi, supporting larger-use cases and real-world applications that will bring tangible value to institutions, businesses, and individuals alike. This milestone marks a significant step forward in our mission to bridge the gap between traditional finance and decentralized innovation, and we’re excited to see the transformative impact it will have on the industry.” 
The ZBU Phoenix Protocol and ZBU Protocol are designed to evolve symbiotically, driving liquidity, settlement efficiency, and decentralization, forming a robust trust network essential for future growth and stability. 
“The convergence of ZBU Phoenix Protocol and ZBU Protocol marks a significant milestone in our journey to build a robust and vibrant ecosystem. Our community is the backbone of our success, and our protocols are designed to empower every participant to contribute and thrive. Together, we’re creating a brighter financial future for all.” – Keshav Pandya, COO and Co-founder of Zeebu. 
About Zeebu
Zeebu is a cutting-edge payments and settlement platform designed for the telecom carrier industry, leveraging blockchain technology to enable integrated finance solutions.
By creating a decentralized and transparent ecosystem for voice traffic exchange, Zeebu addresses the traditional challenges of inefficiencies, opaqueness, and trust issues in the telecom wholesale voice industry.
With its rapid settlement times, elimination of intermediaries, and loyalty token rewards, Zeebu is setting new standards for efficiency, cost-effectiveness, and transparency in telecom settlements.You can learn more about Zeebu by reading our Whitepaper, available here.
The post Zeebu Announces Third Quarterly Burn and Plans to Launch ‘ZBU Protocol’ to Revolutionize B2B Payments appeared first on Crypto News Land.

WadzPay teases its holders and community with crypto exchange-related posts.

The announcement for 2 tier-1 listings for WTK points to the listing launch this week.

WTK holders expect a huge bullish pump for the altcoin once the exchanges are revealed.

Last month, the popular crypto, Web3, and blockchain project, WadzPay, announced that it would make not one, but two tier-1 listings for its native cryptocurrency WTK, in the month of July. Soon after the announcement WTK price pumped by 60%.

Already a bullish sign for the project, the start of the month of July say another 25% for the asset as the July 01 brough the community closer to the tier-1 listing launch. Since then, FUD has entered space. 

This FUD was caused by Jason Sarria-Solis, a leader in the project changing his social media bio. The aforementioned WadzPay’s absence in the bio content led to FUD with paper hands faltering and dumping the asset. 

Meanwhile, diamond hands within the community pointed out that whether Jason was still with the project or not, WadzPay has still set a strong foundation and laid down meticulous plans for its future.  

Alongwith its mission to launch a stablecoin to rival that of Ripple’s RLUSD, WadzPay has also established many bullish collaborations in the Middle East, South America, and Africa. The project even secured its regulatory licenses in these areas including Dubai, the crypto Wall Street of the world.

Indeed, as paper hands expected the tier-1 listing for WTK would fall through and exit the project, diamond hands accumulated more and are now pleased to see that the listing promise is still very much in play. 

Within the last week, WadzPay has posted two messages focused on exploring the top crypto exchanges in the space and their trading volumes and liquidity status. So far, many expect the two top tier exchanges to be Binance and OKX but official word is yet to be announced.

Prefect time for a #Wadzpay listing since #Bitcoin going up

— Entrepreneur On A Budget YOUTUBER WTK XRP WLUNA (@EntrepreneurOn6) July 15, 2024

Presently, the WadzPay and crypto community are pleased to see that the crypto market is bullish and expect the tier-1 listings for WTK to go well considering current market sentiment. WTK holders watch the chart closely expecting bullish momentum soon.

Read Also

Possibility of a WTK Tier-1 Listing on Binance Fuels Bullish Sentiment for WadzPay, Reveal Coming Soon

WadzPay Enthusiasts Debate Which Tier-1 Crypto Exchange Can Meet WTK’s Listing Criteria, Binance Dominates

WadzPay (WTK) Could Go From $25M to $300M – $500M in Market Cap After Tier-1 Listings Go Live

WTK 100x Pump Possibility Takes Centre Stage as WadzPay Earns Global Attention Amid Tier-1 Listing Launch  

WadzPay Pumps 25% Amid Tier-1 Listing Launch in July, How Much Will WTK Pump Once Listed?

The post WadzPay (WTK) Teases Holders with Crypto Exchange-Related Contend as Tier-1 Listing Day Approaches appeared first on Crypto News Land.

BlockDAG (BDAG) is set for a remarkable milestone as it prepares to introduce its CEO, Executive Team, and Advisory Board, positioning itself as the best crypto for the future. In batch 19 and amassing $58.2M, BlockDAG continues to attract significant hype and investors.

In contrast, Hedera (HBAR) has experienced a price fall, raising investors concerns. Meanwhile, the Solana forecast remains positive despite recent price decreases. Yet, BlockDAG’s strategic leadership reveal, coupled with its innovative protocol and high-profile promotional events, significantly boosts investor confidence and excitement, making it a standout choice amidst fluctuating market conditions.

Hedera (HBAR) Price Fall: Navigating the Recent Downturn

Hedera (HBAR) has faced significant setbacks recently, with the Hedera (HBAR) price fall marking a sharp decline over the past month. This downturn is due to the increased market volatility and regulatory pressures from authorities like the SEC and the UK’s FCA.

Unlike more stablecoins, HBAR lacks sufficient liquidity funds to stabilize its price, contributing to its continued devaluation. Investors should consider these factors as the Hedera (HBAR) price fall reflects broader market challenges and the specific vulnerabilities of Hedera’s financial structure.

Solana Forecast: Expert Optimism Amid Price Drops

Over the past month, Solana (SOL) has experienced a 13.87% price decrease, with a notable 5.71% drop in the last 24 hours, according to CoinMarketCap. Despite these setbacks, industry experts maintain a positive Solana forecast.

Recent ETF applications from 21Shares and VanEck have sparked significant interest in Solana, leading to increased trading volumes. Analysts suggest Solana’s price might rise as more ETF applications are submitted. Overall, the Solana forecast remains optimistic amidst the increasing demand for crypto ETFs.

BlockDAG Leadership Unveil & Global Dominance

BlockDAG is set for a remarkable milestone in crypto as it prepares to introduce its CEO, Executive Team, and Advisory Board on July 29th. This pivotal event can enhance community engagement, drive a 40% price surge, and showcase the impressive credentials of the team behind this promising cryptocurrency. The announcement will be followed by an ‘Ask Me Anything’ session on July 30th, furthering transparency and boosting investor trust in BlockDAG as a significant player in the crypto market.

As a marketing powerhouse, BlockDAG has made a global impact with its prominent appearances in cities like Tokyo, London, and Las Vegas, effectively expanding its reach within the crypto community. Strategic promotions have significantly boosted BlockDAG’s visibility and appeal.

The tour captivated audiences first in Tokyo, where the inaugural keynote was delivered, followed by the Las Vegas Sphere, where the DAGpaper launch celebrated the innovative BlockDAG protocol. The tour continued with a spectacular display at Piccadilly Circus, marking BlockDAG’s listing on CoinMarketCap. These high-profile events have significantly boosted investor confidence and generated substantial excitement around its $100 million liquidity plan.

Conclusion

BlockDAG’s potential as a leading cryptocurrency is highlighted by its upcoming leadership announcement and impressive position in batch 19, where it amassed $58.2M. While Hedera (HBAR) faces a price fall and Solana shows a positive forecast despite recent dips, BlockDAG’s strategic moves and innovative approach set it apart. The increased investor confidence and excitement around BlockDAG highlight its promise in the evolving crypto landscape, making it a compelling choice amidst market fluctuations.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficialDiscord: https://discord.gg/Q7BxghMVyu

The post Price Increasing 40%: BlockDAG’s Team Reveal On July 29th Trigger Buying Frenzy Amid Hedera Price Fall & Positive Solana Forecast appeared first on Crypto News Land.

Forbes releases a list marking the best performing cryptos in the first half of 2024.

JASMY and FLOKI take up the top 5 cryptos alongside ASI, WIF, and PEPE.

The price of JASMY and FLOKI are both expected to continue to outperform the market.

As the crypto market swings to a bullish recovery wave, the time has come for cryptos to gain global recognition. For this crypto bull cycle, Forbes released its top ten cryptos that performed best in the first half of 2024. This list now acts as a watchlist for traders and investors hoping to make the best of the incoming golden bull phase.

To highlight, JasmyCoin’s JASMY has secured a coveted spot on this list with its 343% price spike bringing $1.4 billion. This is truly a testament to JASMY’s active and impressive performance over the last few months.

So far, JASMY has announced bullish partnerships with that of Apple via Japan’s My Number Card integration. Its title as the Bitcoin of Japan and its close collaborations with the Japanese government and its partners has led to numerous other rumors of JASMY participation in other bullish crypto and Web3 initiatives like Europe’s EUID Wallet.

Indeed, JASMY has gained global recognition status. Many JASMY analysts have been noticing bullish signals on the JASMY price chart including a huge cup and handle formation that could launch JASMY price towards 2,550% gains more or less. 

While different analysts expect different high spikes for JASMY, they are all incredibly bullish. The popular Steph is crypto, says $0.6 is the next leg up for JASMY. Meanwhile, the JASMY team expects $17 for JASMY price by 2026, and as we can see from the post below, $0.32 will arrive within the next few months for JASMY.

HiZoom out …..JASMY has 10X since it's low of 0.0027 and then consolidated Then, at 0.018, it did another 150% up to 0.044 Now its correction looks over and is gearing up for the next huge moves Watch and see as we head towards 0.32 over the coming months 2024 … https://t.co/U9vqIgg0ya

— Paul Webborn (@PWebborn) July 14, 2024

As for the list from Forbes, JASMY has placed itself amidst the lineup of highly esteemed projects in the crypto space. No doubt, this global attention will soon usher in more bullish momentum towards every project on Forbes’ list. 

To highlight, the lineup is as follows, the top three spots going to WIF (1,306%), PEPE (815%), and ASI (545%). Coming up after are FLOKI (392%) and JASMY (343%). Leaving the last 5 spots to AR (188%), Core (152%), TON (135%), Bitget (100%), and BONK (90%).

Read Also

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Forbes Removes Controversial Article Predicting XRP’s Rise to $59,472 – Bard AI Tracks the Buzz

The post JASMY and FLOKI Capture Global Attention, Claim Top 5 Cryptos Spot on Forbes Best Performing Crypto List appeared first on Crypto News Land.

Bitcoin has fully reversed to the bullish flag side taking BTC price past the $60,000 mark.

BTC is now over $62,000 and a reputed crypto analyst says it will continue past $72,000.

He says once BTC breaks $74,000 then the BTC price will have no trouble hitting $80,000.

Bitcoin (BTC) is up over $60,000 taking market sentiment and the value of altcoins up with it too. Presently, Bitcoin price is over $62,000 and most seasoned crypto analysts are convinced that the BTC bottom is in and what’s next is all bullish upward trends. 

In particular, one long-time trader known for his accurate predictions for Bitcoin and altcoins in the crypto market Doctor Profit makes a statement and another prediction. To start off, he shares a new chart and highlights the white line. 

#Bitcoin white line is key, resistance which will turn to support very soon. Since 54k I tell you bottom is inI am confident we will close above it, if not today, then in the coming days. No new lows are expected. We will close above and continue towards 66-67k next pic.twitter.com/7KFYb8XtPt

— Doctor Profit (@DrProfitCrypto) July 14, 2024

As we can see from the post above, he highlights how the Bitcoin white line is the key. He says that this marks resistance which will eventually turn into support soon. He also marked that $54,000 was the bottom as he mentioned before. 

Having said that, he expresses his confidence that Bitcoin (BTC) price will close above the white line in the coming days if not today. He also adds that no new lows are expected for Bitcoin (BTC) and is adamant that the asset will close above and continue its upward trajectory towards the $66,000-$67,000 price mark. 

The next time we touch 72-74k regionIt wont be rejected like in the pastWe will see a breakout to 80k easilySo far 4 rejections, fifth is breakout pic.twitter.com/Cbqi555YCr

— Doctor Profit (@DrProfitCrypto) July 14, 2024

Adding on to Bitcoin’s bullish narrative, Doctor Profit shares another bullish prediction. Here, he says that the next time Bitcoin (BTC) price reaches the $72,000 to $74,000 price mark it will not be rejected like earlier this year when BTC set a new ATH. 

Instead, says Doctor Profit, the price of BTC will continue to climb upward and print a breakout to $80,000 with ease. He also says that BTC has made 4 rejections so far and this upcoming fifth wave will lead to a price breakout taking Bitcoin to new highs. 

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Unimaginable Gains Await Crypto Traders During Q3 – Q4 of 2024 According to Silver-Tongued Crypto Analyst

The post Bitcoin Breaks $62,000, Reputed Analyst Says BTC Will Surpass $74,000 to Enter $80,000 Target Next appeared first on Crypto News Land.

As the crypto market continues to evolve, investors are always on the lookout for the hot new crypto that promises the best returns. With the current Notcoin price looking attractively low, it has caught significant attention.

Mantle (MNT) had its moment earlier this year, but its highs have been overshadowed by the impressive performance of Notcoin (NOT) and the growth projections of Rollblock, a multi million dollar presale set to become the next 100x crypto moonshot in 2024! Today we will be taking a closer look at why Notcoin and Rollblock have been capturing investor attention.

Mantle (MNT): a solid contender facing new challenges

Mantle had previously been a strong performer in the crypto space thanks to its innovative approach to blockchain technology. Mantle aims to enhance blockchain scalability and interoperability, which make it a crucial player in the decentralized ecosystem. With that being said, MNT’s early-year highs have been wiped out, creating a wave of cautious sentiment among investors.

While Mantle still offers solid fundamentals and a robust technology stack, its higher price point compared to Notcoin and Rollblock makes it less appealing to new investors looking for affordable entry points with high growth potential.

Notcoin (NOT): affordable entry with promising potential

With the Notcoin price hovering at $0.0159, investors like its affordability because it allows them to amass a significant amount of coins without making a large initial commitment. Notcoin’s pricing—along with its promising technology—has made it a popular choice among those looking for a hot new crypto investment.

Notcoin seeks to transform digital transactions by emphasizing speed and efficiency. Despite its modest price, it has demonstrated significant growth potential, drawing a growing base of supporters.

Rollblock (RBLK): leading the charge with innovative GambleFi

Rollblock is emerging as a breakout candidate in the crypto space, particularly within the GambleFi sector. It’s in its third presale stage, Rollblock’s price is set at $0.0154, and it has impressively raised over a million dollars so far.

Rollblock’s novel strategy of merging decentralized and centralized gaming is a significant reason for its growing popularity. Rollblock is filling a big market need by providing a platform that allows customers to benefit from the best of both.

Rollblock is shaping up to be a standout in the cryptocurrency world for several compelling reasons. Signing up is a breeze—all you need is an email—skipping those tedious KYC processes that other platforms require. Once you’re in, holding $RBLK tokens allows you to earn a portion of the casino’s income, creating a steady and rewarding revenue stream.

The platform’s instant buyback and burn mechanism ensures the token’s value remains stable, protecting your investment. As a bonus, $RBLK holders enjoy exclusive perks like special bonuses and cashback offers for a more rewarding experience.

Fair play is a cornerstone of Rollblock, with blockchain technology guaranteeing every game is transparent and fair. Transactions on Rollblock are notably smoother and more efficient than on other platforms, thanks to superior liquidity. Additionally, the odds offered by Rollblock are competitive, often surpassing those of traditional casinos, giving you a fair shot at winning.

Rollblock’s goal is to improve the online gambling business by utilizing blockchain technology to assure security, transparency, and fairness in all games. Its hybrid GambleFi platform combines the greatest parts of decentralized finance (DeFi) with traditional gaming, resulting in a welcoming and lucrative gambling experience for all players globally.

In the current crypto landscape, Mantle, Notcoin, and Rollblock stand out as significant players, but the tide seems to favor the latter two more strongly. The low Notcoin price point and growth potential make it a hot new crypto worth considering, but Rollblock’s innovative approach and impressive presale success make it the standout choice for investors seeking substantial returns.

With analysts expecting Rollblock to achieve 100x gains in 2024—don’t miss the opportunity to join Rollblock’s presale and be part of the booming crypto-gambling market.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

The post Dis-MANTLE’d: Early Year Highs Wiped for Mantle (MNT) as Notcoin (NOT) and Rollblock (RBLK) Continue To Climb appeared first on Crypto News Land.

BlockDAG X1 Miner App has launched on the Apple Store, setting a new standard in the crypto mining industry. This app allows users to earn up to $600 every day by mining as many as 20 BDAG coins daily. Expected to reach a value of $30 per coin by 2030, the BDAG coin offers substantial growth potential. 

The app features an intuitive design and cutting-edge functionality, making it suitable for both beginners and expert miners. Meanwhile, PEPE’s price has seen a recent decrease, and while ICP shows potential for growth, its progress is more gradual.

Current Trends in PEPE Values Show Mixed Signals

Recently, PEPE has witnessed a decline of 10.4%, with its current price at $0.000008358. However, it still trades above its 200-day simple moving average, hinting at possible bullish trends ahead. 

The coin could see an increase of up to 26% to $0.00001108 under favorable conditions, or it might drop by 20% to $0.00000650 if the market worsens. The 14-day RSI stands at 34, suggesting a potential for price improvement depending on market sentiments.

Future Prospects for ICP: Growth on the Horizon

Predictions for Internet Computer (ICP) are optimistic, with anticipated price increases in the coming years. In 2024, ICP is expected to vary between $8.35 and $9.67, averaging about $8.65. By 2027, it might reach up to $30.29, and by 2030, projections suggest a value as high as $99.81. These forecasts are based on continuous technological improvements and broader adoption despite potential market fluctuations and regulatory hurdles.

BlockDAG X1 Miner App: Your Ticket to Daily Earnings

Now available on the Apple Store, the innovative BlockDAG X1 Miner App is poised to revolutionize crypto mining. This cutting-edge application allows users to earn as much as 20 BDAG coins daily, potentially amounting to $600 every day. With projections placing BDAG coin at $30 by 2030, the earning potential is exceptional. The app’s streamlined and accessible interface makes mining BDAG coins straightforward. Users can download the app, create a profile, and start mining right away, enjoying the convenience of tracking their mining activities in real-time, receiving updates immediately, and accessing in-app support. 

By leveraging cloud mining, the X1 Miner App eliminates the need for physical mining setups, offering a variety of mining contracts that can be tailored to user preferences. This feature ensures easy, hassle-free mining from anywhere, adaptable to any lifestyle. BlockDAG supports various mining techniques, accommodating both individual and collaborative mining efforts. 

This diverse approach ensures that both new and experienced miners can find methods that suit their technical abilities and enhance their chances of earning substantial returns from the crypto boom.

Final Thoughts

In the fluctuating landscape of the cryptocurrency market, BlockDAG’s X1 Miner App emerges as a stable and profitable opportunity. Highlighted by its impressive performance and a successful presale that amassed $58.3 million, it offers a viable investment route. 

As PEPE potentially continues its decline and ICP targets steady, gradual growth, BlockDAG positions itself as a dependable alternative. This makes it an attractive option for cryptocurrency enthusiasts seeking to navigate the volatile market with a product that promises significant returns and sustained growth in a sector known for its rapid changes.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

The post Mobile Mining in 2024: Make $600 Daily with BlockDAG X1 Mobile Miner—Topple PEPE and ICP appeared first on Crypto News Land.

ADA’s recent breakthrough signals a potential shift from bearish to bullish.

Conservative estimates range from $1 to $2; optimistic scenarios suggest $3 to $15.

Node 9.0 rollout and Chang hard fork enhance Cardano’s appeal and adoption.

Cardano (ADA) has emerged as a significant player in the crypto market due to its potential resurgence. This smart contract platform, known for its innovative approach to blockchain technology, is undergoing pivotal changes that signal a possible reversal of its long-term downtrend. 

$ADA – A speculative idea. Not financial advice. pic.twitter.com/HkD1X9qEl0

— CAPT. PARA8OLIC TOBLERONE (@CaptToblerone) July 13, 2024

Cardano’s Technical Momentum

Cardano’s technical analysis reveals compelling insights into its market behavior and potential future trends. One of the most notable developments is ADA’s breakthrough beyond its long-standing downtrend line. This shift signifies a crucial turning point, suggesting a shift in market sentiment from bearish to potentially bullish.

Forecasting ADA’s Price Trajectory

When contemplating ADA’s future price movements, analysts offer a spectrum of predictions that range from conservative to optimistic scenarios. In the medium term (2024-2025), conservative estimates project ADA’s price to range between $1 to $2. 

However, under more favorable market conditions and accelerated adoption rates,  some analysts suggest that ADA could potentially surge to $15.

Supporting this optimism is the Relative Strength Index (RSI), currently hovering at 52.16. While indicating a neutral stance, the RSI shows signs of upward momentum.

This hints at a possible move into the overbought zone—a signal traditionally associated with bullish market trends. Further bolstering ADA’s technical outlook is the analysis of its Bollinger Bands on the daily chart. 

Observations indicate a recent bounce from the lower band towards the middle band. The pattern is often considered short-term upward momentum. 

This aligns with recent price actions where ADA has formed higher lows, suggesting underlying strength and resilience in its market positioning. As of writing, ADA trades around $0.43, setting the stage for potential growth in the foreseeable future.

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BlockDAG Excels with $34.7M Presale and Advanced Mining as Memeinator Launch Stirs Investor Caution

The post Crypto Analyst Predicts ADA Surge to $15: A Speculative Outlook appeared first on Crypto News Land.

Chainlink’s market shows anticipation due to a whale accumulation pattern, hinting at a significant price reversal.

Chainlink finds robust support around $11, reinforced by the $12.2 level, wedge pattern, and 200-week EMA.

Analysts predict LINK could reach $35 by year-end and potentially hit $140-170 in mid to late 2025. 

The Chainlink (LINK) market has been abuzz with anticipation as a whale accumulation pattern hints at a significant price reversal. Chainlink has found major support around the $11 mark. The $12.2 support level, reinforced by the wedge pattern and the 200-week exponential moving average (EMA), has created a robust accumulation zone. 

This stability is further bolstered by intraday trading volume, which currently stands at $281 million, indicating a 25% gain. Bitcoin’s recovery has also positively impacted the altcoin sector. This has contributed to Chainlink’s three-day rally, with a trading value of $13.1.

$LINK Price Update – Found major support around $11– $13.5 is the key resistance to breakOnce it breaks above $13.5, #LINK will pump hard pic.twitter.com/iSVsGTVM9f

— AMCrypto (@AMCryptoAlex) July 13, 2024

Whale Activity and Price Prediction 

Unidentified entities, likely whales or institutional investors, have been accumulating substantial amounts of Chainlink (LINK) coins. Since June 24, 2024, 93 new wallets have withdrawn approximately 12.75 million LINK (valued at roughly $167 million) from Binance. 

This recurring pattern of accumulation during market downturns suggests strong confidence in LINK’s future prospects. If the wedge pattern holds true, Chainlink’s price could surge by 24.6% to hit the overhead trendline at around $16.34. 

Nicu crypto, a respected analyst, predicts that LINK will end this year at $35. Looking ahead, LINK could potentially reach $140-170 sometime in mid to late 2025.

The accumulation by whales, coupled with positive market trends, sets the stage for a major reversal in Chainlink’s price. Keep an eye on the $13.5 resistance level – breaking above it could trigger a significant pump for LINK. 

As analysts remain optimistic, LINK holders eagerly await the next bullish move. As of writing, LINK was trading above the $13.5 resistance, at $13.75, so this could be a good time to accumulate LINK, according to the above predictions. 

Read Also 

What the $2.1 Million Liquidation in Chainlink Means for LINK’s Future

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Bitcoin Accumulation Surges at $30,200, Signaling Potential Big Move

Chainlink Rockets 35%: What’s Driving This Surge?

When Market Trends Favor Chainlink: Predicting Its Next Big Move Towards $18

The post Whale Accumulation Pattern Sets LINK for Major Reversal Amid Surging Momentum appeared first on Crypto News Land.

VeChain (VET) is gaining significant bullish momentum, attracting attention from investors and analysts.

The next target could be $0.10, and VET remains strong above the 0.236 Fibonacci retracement level.

Fintech Insights suggests VeChain could reach between $0.50 and $0.70 by the end of 2024, driven by blockchain adoption in various industries.

VeChain (VET) has lately shown significant bullish momentum. This has drawn attention not only from investors but also crypto analysts.

According to Crypto Erdem, a popular analyst, has highlighted that VET is poised for significant upward movement after breaking out from a 20-week consolidation. He also pointed out that VET has surged by 60% in just 10 days, suggesting that the next target could be $0.10.

BOOOOOOOOOOOOOOOM!!!$VET BREAKOUT AFTER 20-WEEKS WITH WEEKLY CANDLE CLOSE!! pic.twitter.com/jMVnKSTR3S

— Crypto EA (@Crypto_Erdemm) July 14, 2024

Niklas Theisen, another analyst, echoed similar sentiments, noting that VET has gained over 46% since its low on July 5. Theisen also highlighted that the price of VET will soar as long as it remains above the 0.236 Fibonacci retracement level. Additionally, he believes VeChain is one of the stronger assets in the market right now.

According to a Fintech Insights report, VeChain could reach between $0.50 and $0.70 by the end of 2024. This will be driven by the increasing adoption and integration of blockchain technology in various industries.

This outlook is supported by VeChain’s real-world use cases in supply chain management, which have already attracted major partners like Walmart and PwC. These partnerships enhance transparency and efficiency, boosting investor confidence.

Moreover, prominent analysts foresee even more ambitious targets. This long-term bullish forecast is contingent on VET maintaining its momentum and closing above key technical levels in the short term. 

Meanwhile, VET is trading at $0.031 having appreciated by 7.92% in the past 24 hours and 34.52% in the 7 days. The monthly candle has crossed the 20 MA from the downside signaling more growth ahead. 

On the other hand, the price has breached a key resistance as evidenced by the Bollinger bands on the daily chart. Additionally, the RSI reading (at 65) shows that VET isn’t overbought.

Read Also 

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When Will VeChain’s VET Token Surpass the $0.0993 Milestone in 2024?

Analyst Predicts 8,424% Price Spike for VeChain (VET) to $1.6

The post VeChain (VET) Poised for 60% Price Uptrend Following Key Breakout Move appeared first on Crypto News Land.

New Antminers are coming, providing MAR Mining with a more powerful and energy-efficient way to mine BTC. MAR Mining is about to face a new era of cloud mining, with higher profitability in mining BTC.

Bitmain remains the main source of mining machines, and its new models have driven an arms race among miners. Proof-of-offer greater energy efficiency and higher performance to offset environmental issues. MAR Mining has gradually grown over the past 5 years, with activity increasing by 500%. Breaking through to new ranges.

How to Start Cloud Mining

Here are the basic steps you need to take before you get started.

Step 1: Choose a Cloud Mining Provider

MAR Mining is a powerful cryptocurrency mining platform that allows you to passively earn Bitcoin, regardless of technical knowledge or financial resources, with no strings attached. Once $100 worth of Bitcoins are mined, they can be transferred to your account and traded. Any profits belong to you, and you can withdraw them to your personal wallet.

Step 2. Register an Account

MAR Mining offers a simple registration process: you just need to enter your email address. Sign up now and get $12 for free to start mining Bitcoin.

Step 3. Buy a mining contract

MAR Mining offers a variety of efficient mining contract options: contract prices range from $100 to $5,000, and each package has its own ROI and a certain contract validity period. For example:

Step 4: Earn passive income

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The post MAR Mining launches new Antminer that allows users to easily earn $1,000 per day. appeared first on Crypto News Land.

Brandon Biggs predicts XRP’s value will soar to $10,000, citing a divine revelation and recent market developments.

Federal judge ruled XRP does not violate securities laws, boosting investor confidence and institutional interest.

Ethereum gains as the SEC suspended its lawsuit a month ago, with a spot ETF approval anticipated, enhancing market optimism.

Brandon Biggs, known for his prophetic insights, has recently in a youtube video predicted XRP, will reach $10,000. This claim comes amidst a backdrop of major developments in the crypto market, including legal victories, shooting of former U.S president Donald Trump  and market performance.

WOW! Brandon Biggs, recognized by many as a prophet, predicted the Trump assassination attempt 3 months ago and said this about XRP: „#XRP WILL GO TO FROM WHERE IT’S AT RIGHT NOW TO $10,000 ONE DAY!“Video source: https://t.co/fWtDYB4SNx pic.twitter.com/yXiizNTl8a

— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) July 14, 2024

Personal Experience and Early Investments

Biggs shared his personal experience with XRP, highlighting his initial investment of $20 through Coinbase in 2017. Despite recognizing XRP’s potential early on, financial constraints prevented him from making a more substantial investment. He reflected on missed opportunities as XRP surged to 23 cents and how his advice led to financial gains for his family during the 2018 bull run.

In the video, Biggs disclosed that he received a divine revelation predicting XRP’s value would surpass $10,000. He discussed XRP’s journey, including the impact of the SEC lawsuit, which led to its delisting from major exchanges. According to Biggs, a message in August foretold that XRP would re-enter the market, a prediction that coincided with the lawsuit’s dismissal.

Legal and Market Developments

On July 13, 2024, a federal judge ruled that XRP does not violate securities laws in most contexts. This ruling brought legal clarity and eliminated uncertainty about XRP’s status, making it more attractive to institutional investors. Analysts believe this decision will boost investment in Ripple’s offerings, enhancing demand and liquidity.

XRP’s adoption by financial institutions is a key factor driving its growth. Many banks and financial entities recognize the benefits of using XRP for cross-border transactions. This increasing adoption, coupled with positive regulatory news, has enhanced growing optimism among investors about XRP’s long-term viability.

The overall bullish trend in the cryptocurrency market has also benefited XRP. As the market recovers, XRP is experiencing a resurgence in interest and investment. At press time, XRP was trading at $0.5301, up 1.98% in the past 24 hours.

Ethereum’s Legal and Market Performance

Ethereum, which he mentioned in the video about it surpassing the $10,000 also, has seen positive developments. At press time Ethereum was  trading at $3,331.94, up 4.13% in the past 24 hours, Ethereum recently received favorable legal news. 

The SEC suspended its lawsuit challenging Ethereum’s status as a security a month ago. This marks the second favorable decision for Ethereum in six years and coincides with the anticipated approval of a spot Ethereum ETF. Firms like Fidelity, VanEck, Franklin Templeton, 21Shares, Grayscale, and BlackRock have filed for these ETFs.

Brandon Biggs’ predictions and recent legal victories have cast a spotlight on XRP, contributing to its growing popularity and market performance. As regulatory clarity improves and adoption in the financial sector increases, XRP’s future looks promising. Meanwhile, Ethereum continues to strengthen its position with favorable legal outcomes and market advancements.

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