Category Archives: Allgemein

Bitcoin Bulls on Fire: Analyst Predicts 150% Price Pump Before July!

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• Bitcoin analyst George Tung predicts a 150% price pump before July.
• Technical indicators suggest that the route of least resistance is upwards, and the price of Bitcoin may reach $25,000 if it moves higher from where it is now trading.
• A break and closure below the 20-day exponential moving average might cause the token to fall to $21,480.

Bitcoin Bulls On Fire: Analyst Predicts Massive Price Pump Before July

Prediction by Expert

George Tung, an expert in cryptocurrencies and a popular YouTuber, has forecast that the price of Bitcoin would skyrocket by 150% in the next three to four months, taking it to a total of $50,000. A similar trend was seen in 2019 when Bitcoin’s price skyrocketed from $3,600 to $14,000 in just a few short months. Tung believes that 2023 is showing tendencies that are almost identical to those seen in 2019 and is convinced that the king cryptocurrency will experience a large increase before July as it did two years ago.

Bullish Dominance

The fact that the king coin was able to recover after hitting its support level at $22,800 on February 1 suggests that bulls are buying declines at this level. On February 2nd, bulls drove up prices above $24,000 but were unable to maintain these levels. Moving averages climbing higher and an RSI in overbought territory both point towards an upward trajectory for Bitcoin price. If successful in rising higher from its current position at around $23400, it could reach as high as $25000 but may find resistance at this point.

Potential Roadblocks

If there is any sign of weakness in the market such as a break and closure below its 20-day EMA (which currently stands at around $22279), it could trigger stops amongst short term traders resulting in prices falling back down to around 21480 USD.

Crypto Enthusiast’s Perspective

As crypto enthusiasts we can only speculate about how far Bitcoin prices might go this year – whether they will reach 25K or face roadblocks along the way – no one really knows for sure yet! All we can do is continue monitoring technical indicators as well as other developments within the industry for more clues on what direction BTC prices might take going forward.

Conclusion

It appears that BTC bulls have been steadily gaining control of market conditions recently with technical indicators pointing towards further rises ahead although there still remain potential roadblocks which could potentially cause some losses along the way before further gains are made again. Only time will tell what direction things will take but all we can do until then is stay informed and keep our eyes peeled!

Bitcoin, Ethereum, XRP Prices Set To Surge – Analyzing Crypto Markets For Feb 2023

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• Bitcoin (BTC) price analysis suggests that the cryptocurrency is consolidating heavily along $23,000, enabling the bulls to accumulate more gains to pull a massive leg up beyond $24,000 soon.
• Ethereum (ETH) price has slipped below $1600, indicating the revival of the bearish trend which also appears to be a stretched consolidation phase.
• XRP price has been displaying immense strength as it sticks to the crucial levels at $0.41 for more than a week.

Crypto Market Analysis: Top Predictions for Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) for February 2023

The crypto market is witnessing a new wave of price action and volatility. Bitcoin (BTC) has been consolidating heavily along $23,000 and the bulls are taking advantage of this to accumulate more gains, aiming to push the price beyond $24,000. Ethereum (ETH) has slipped below $1600 and this could indicate the revival of the bearish trend, although it still appears to be in a stretched consolidation phase. Lastly, XRP has been displaying immense strength as it sticks to the crucial levels at $0.41 for more than a week.

To better understand the market movements, let’s take a closer look at each of these cryptocurrencies. Starting with Bitcoin (BTC), the price has been hovering around $23,000 for nearly a week. The Relative Strength Index (RSI) is displaying a bearish divergence while the Moving Average Convergence Divergence (MACD) is about to flash a bearish crossover. This could signal a minor rejection during the weekend, which may trigger a bullish close for the month ahead. However, the upcoming weekend could turn the tables for the BTC price, with either of the targets being achieved.

For Ethereum (ETH), the price has slipped below $1600 which could indicate the revival of the bearish trend. Despite this, it still appears to be in a stretched consolidation phase. The key levels to watch out for are $1850 and $1400. If the bears manage to push the price below $1400, then Ethereum could be in for a prolonged bearish period. On the other hand, if the bulls succeed in pushing the price above the $1850 level, then the ETH price could surge past $2000.

Lastly, the XRP price has been displaying immense strength as it sticks to the crucial levels at $0.41 for more than a week. The XRP price is expected to continue its bullish trajectory in the coming weeks, with the key levels being $0.42 and $0.54. If the bulls manage to push the price above $0.54, then the XRP price could surge towards the $1.00 level.

In conclusion, the crypto market is displaying signs of bullishness, with Bitcoin, Ethereum, and Ripple all exhibiting strength in the near-term. As the market continues to consolidate, traders should keep an eye on the key levels mentioned above to capitalize on any potential price movements.

Dogecoin Ready To Reach $0.1 as Crypto Market Consolidates

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• Bitcoin price is trying hard to reach the milestone of $25,000 but the bears are preventing it from doing so.
• Dogecoin price experienced a significant upswing during the past weekend, reclaiming levels above $0.09.
• Crypto markets are currently consolidated, but some altcoins are showing enough momentum to reach the desired target soon.

Crypto Market Analysis: Bitcoin Remains Consolidated While Dogecoin Aims to Hit $0.1

The crypto market has been in a state of consolidation as of late, with Bitcoin (BTC) struggling to break past the $23,000 resistance level. Meanwhile, some altcoins are showing signs of strong momentum, with Dogecoin (DOGE) aiming to reach the $0.1 price level.

Bitcoin has been stuck in a holding pattern for the past few weeks, with the price unable to break past the resistance level of $23,000. This is despite the fact that the cryptocurrency has been on a bullish run since early December, with the price climbing over 100% since then. While there is a chance that Bitcoin could break past this resistance level in the near future, it is also possible that the bears could take control and push the price back down.

Dogecoin, on the other hand, has experienced a significant upswing during the past weekend that enabled the price to reclaim levels above $0.09. This is a significant development for the popular meme-based cryptocurrency, as it has been trading under extreme bearish pressure for more than 20 months. The surge could mark the beginning of the memecoin season, with the possibility of the price breaking through the crucial resistance level in the near future.

Overall, the crypto markets are currently in a state of consolidation, with Bitcoin unable to break through the key resistance level and some altcoins showing signs of strong momentum. This could be a sign of a possible trend reversal in the near future, with Dogecoin likely to be the first to benefit from it. It will be interesting to see how the markets develop in the coming weeks, as any further bullish momentum could push the prices of cryptocurrencies to new heights.

Shiba Inu Gains 11430362.4% – Can it Reach $1 Mark?

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• Shiba Inu (SHIB) is a popular meme currency that has gained 11430362.4% since its inception in 2020
• Currently, SHIB is changing hands at $0.00001043 after a surge of 3.84% in the last 24hrs
• Lack of social media buzz and massive circulating supply are posing as obstacles in its price rally

Shiba Inu (SHIB) is a popular meme currency that has been making headlines for the past few weeks. Since its inception in 2020, Shiba Inu has gained an impressive 11430362.4%, which is quite remarkable for a cryptocurrency. This has created a lot of excitement amongst investors and traders, who are now expecting Shiba Inu to reach the $1 mark.

At the moment, Shiba Inu is trading at $0.00001043 after a surge of 3.84% in the last 24 hours. The current price rally is impressive, but there are certain obstacles that are preventing the digital currency from reaching its full potential. Firstly, there is a lack of social media buzz, which has resulted in a lot of people being unaware of this cryptocurrency. This lack of awareness has been pulling back the price rally and is making it difficult for Shiba Inu to reach $1. Secondly, the circulating supply of Shiba Inu is too large, which has resulted in the currency not becoming scarce. It was in 2021 when Shiba Inu introduced its burn portal to send 2 SHIB coins to a dead wallet, but this process is not helping to reduce the supply.

To make matters worse, there are few whales that hold massive SHIB coins, which could be sold off anytime. If these whales decide to sell off their holdings, Shiba Inu will face a huge pullback. Therefore, for Shiba Inu to reach $1, the cryptocurrency needs to focus on reducing the circulating supply and creating more awareness. This is why investors are now looking forward to Shiba Inu’s Shibarium, which is expected to burn massive SHIB coins. Once this burning process is complete, Shiba Inu could potentially reach the $1 mark.

Shiba Inu Soars 7.33% in 7 Days, Binance Holds $738.54M in SHIB

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• The Shiba Inu meme coin has seen a 7.33% increase in value in just 7 days.
• A huge Shiba Inu transfer was recorded on the Ethereum blockchain, worth $28.7 million.
• Binance is now the largest holder of the token, with 83 trillion SHIB, or $738.54M.

Shiba Inu (SHIB) is on the verge of a massive rally at the end of the year. The meme coin has seen a surge in its price, increasing by +3.22% over the past 24 hours, pushing the coin’s price to €0.00000816. This trend began shortly after New Year’s Eve and gave Shiba Inu a 7.33% increase in value in just 7 days.

A large Shiba Inu transfer was also recorded on the Ethereum blockchain, according to data from the cryptocurrency transaction tracker firm Whale Alert. The transaction involved the transfer of 3,373,256,285,000 SHIB, which was worth up to $28.7 million at the time of the transfer. There were no known addresses for either the sending or the receiving parties, indicating that the sender of this transfer is most likely a whale.

Furthermore, according to data from etherscan.io, Binance, the world’s largest cryptocurrency exchange, now has 83 trillion SHIB, or $738,549,274 ($738.54M), stored in two of its related wallets, designated “Binance 28” and “Binance 8”, making it the largest holder of the token. Shiba Inu was also named by Binance as the third-most-watched cryptocurrency for the year 2022, behind Ethereum and Bitcoin.

The Shiba Inu project is also continuing to support the metaverse initiative that was revealed last year. The project’s Lands are selling quickly, alongside the tokens required for trading within the shib.io metaverse. Additionally, Shiba Inu has also been burning its tokens to maintain the value of its cryptocurrency and reduce the circulating supply. According to the SHIB burn website, the Shiba Inu team has already burned 8.5% of the circulating supply, which is equivalent to 3.2 trillion SHIB.

With the current bullish sentiment surrounding the Shiba Inu meme coin, it is expected that the price of the coin will continue to rise in the coming weeks. This could be an exciting opportunity for investors looking to capitalize on the growing popularity of SHIB.

SCB Denies FTX’s Claim of $300M FTT Token Minting in 2022

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• On December 12th and 13th, 2022, John J Ray III, CEO of FTX and representative of the Chapter 11 Debtors in the U.S., made a statement claiming the Securities Commission of the Bahamas (SCB) had instructed FTX to mint $300 million in new FTT tokens in 2022.
• On January 2, 2023, the SCB released a statement denying these allegations and claiming that they were promoting mistrust in public institutions in the Bahamas.
• The SCB also addressed how it took possession of digital assets under the custody of FTX Digital Markets Ltd (FTXDM) and accused Mr. John of not contacting the SCB to address his concerns.

On December 12th and 13th, 2022, John J Ray III, CEO of FTX and representative of the Chapter 11 Debtors in the U.S., made a startling claim. In court filings, Mr. John claimed that the Securities Commission of the Bahamas (SCB) had instructed FTX to mint $300 million in new FTT tokens in 2022. This statement was made without evidence before the United States House Financial Services Committee and received widespread international media coverage. The Chapter 11 Debtors also alleged that digital assets controlled by the SCB in trust for the benefit of FTX customers and creditors were stolen, without providing any substantiating evidence.

On January 2, 2023, the SCB released a statement denying these allegations and claiming that they were promoting mistrust in public institutions in the Bahamas. The SCB also addressed how it took possession of digital assets under the custody of FTX Digital Markets Ltd (FTXDM) and accused Mr. John of not contacting the SCB to address his concerns. The SCB sent a letter to Mr. John on December 7th, 2022 offering cooperation with the Chapter 11 Debtors, but has not received a response.

The SCB also noted that the false and misleading statements made by Mr. John could have a negative effect on the reputation of The Bahamas in the global financial system. The SCB clarified that the digital assets under the control of the SCB are not stolen, but are instead being used to protect the interests of FTX customers and creditors. The SCB also noted that it has implemented appropriate measures to ensure the safety of customer funds and that it has not authorized any minting of FTT tokens.

The SCB concluded its statement by stressing that it is committed to protecting the integrity of the financial system in The Bahamas. The SCB also warned that it will take necessary action to protect its reputation and that of The Bahamas if it becomes necessary.

MakerDAO Set to Reach New Heights: Long-Term Prospects Remain Promising

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• MakerDAO is a prominent project that focuses on the promotion of decentralized exchanges and stablecoins.
• Maker had shown an immense price surge in the past, attracting many to invest huge liquidity.
• The crypto market has been in a bearish trend for over a year, wiping out billions in valuation from the industry.

Cryptocurrency has become an increasingly popular means of exchanging value, and with the rise of decentralized exchanges and stablecoins, the industry has witnessed a massive boom in the past few years. One of the leading projects in this field is MakerDAO, a decentralized finance (DeFi) platform based on the Ethereum blockchain. MakerDAO offers a range of services, including a stablecoin called DAI, a decentralized autonomous organization (DAO), and a decentralized margin trading platform.

In recent times, Maker has shown immense price appreciation, with the MKR token surging to an all-time high of $763.89 in December 2020. This immense price appreciation has led to a surge in the liquidity of Maker tokens, as many investors are looking to invest in the MKR token in order to take advantage of the potential upside.

However, despite the immense potential of the Maker project, the crypto market has been facing a bearish trend for the past year, wiping out billions of dollars in valuation from the industry. This has led many investors to become wary of investing in cryptocurrencies, as there is no guarantee of any significant price appreciation in the near future.

Despite this, the long-term prospects of MakerDAO are still very promising. The team behind the project has been working tirelessly to ensure that the platform continues to function efficiently and that users have access to the most up-to-date features. The team is also in the process of building a decentralized derivatives exchange, which would allow users to trade derivatives on the platform.

If the team is able to deliver on their promises, then the MKR token could have the potential to surge as high as $4165.32 by the end of 2025. This would mark an incredible price appreciation for the token and could pave the way for the industry to become even more competitive.

Therefore, while the current bearish trend may be dampening the sentiment in the market, the long-term prospects of MakerDAO remain very promising. With the right strategies and plans in place, Maker could be the catalyst that drives the market back to its bullish state in the upcoming years.