Economist Peter Schiff has warned that restoring a real economy requires letting the “phony economy” collapse, which would result in significant financial losses for many. However, he emphasized that the alternative is worse, as it would lead to the devaluation of money itself. Schiff criticized the government and Federal Reserve policies, particularly following the 2008
Trump Ends SEC could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Ends SEC (TRUMESEC), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because TRUMESEC is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Trump Ends SEC can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early
The Ethereum network faces increasing pressure to enhance transaction efficiencies, specifically through the implementation of zero-knowledge proofs. Recent upgrades, including EIP-4844, have reduced costs for Layer 2 solutions, yet challenges
A massive fund designed to help families save money for college is largely untapped, according to a new report. California’s taxpayer-funded program CalKIDS has allocated hundreds of millions of dollars in college savings funds that are untouched and available, reports the ABC-affiliated news station KXTV. The fund offers at least $175 to Californians born after July The post $621,000,000 Available and Untapped in Massive, Little-Known State Fund for Families: Report appeared first on The Daily Hodl .
The layer-1 blockchain MultiversX (EGLD) continues to lead the digital asset gaming sector in terms of development activity, according to the crypto analytics firm Santiment. Santiment notes in a new post on the social media platform X that MultiversX, formerly known as Elrond, registered 264.9 notable GitHub events in the past 30 days. MultiversX is The post MultiversX (EGLD) Continues To Lead All Crypto Gaming Projects in Level of Development Activity: Santiment appeared first on The Daily Hodl .
BingX, Penpie, and Indodax were the top targets in September, losing about $92 million worth of crypto between them.
Ethereum rose to $2,444 but faces uncertainty regarding future price movements. Key signals indicate a potential price decline that investors should monitor closely. Continue Reading: Ethereum Price Signals Investors Should Monitor Closely The post Ethereum Price Signals Investors Should Monitor Closely appeared first on COINTURK NEWS .
The crypto market contains millions of cryptos, making it an industry of $2.16T. Not only that, it processes $62 Billion worth of transactions in 24 hours, but calling one specific cryptocurrency a once-in-lifetime opportunity is a big deal. And that big deal is attributed to Chainlink (LINK), as said by the popular crypto analyst Michael The post Crypto Analyst Calls Chainlink An Opportunity of Lifetime: Here Is Why appeared first on CoinGape .
Chainlink is currently trading in a bullish pattern that has been developing for at least seven months, capturing the attention of analysts and investors alike. Many are eagerly anticipating Chainlink to surge during this cycle and finally reclaim new all-time highs. The extended consolidation phase has kept traders on edge, as they await a significant breakout. Related Reading: XRP Price Bullish Potential Grows – A Surge Above $0.65 Will Trigger Buyers Renowned crypto analyst Lucky has shared an insightful prediction regarding Chainlink’s potential trajectory. According to Lucky, the key lies in LINK breaking above its current consolidation range, which would set the stage for a strong upward move. He suggests that once this breakout occurs, Chainlink could quickly surge toward a short-term target of $15. With bullish sentiment building around this major resistance level, Chainlink’s price action in the coming days could be crucial in determining its direction. Investors are closely monitoring the market, watching for signals that LINK is ready to break free from its long-standing range and enter a new phase of growth. Chainlink Price Action Turning Bullish Chainlink’s price action has been largely bearish since hitting its yearly high in March, with the asset now stuck in a prolonged consolidation phase. However, many analysts believe this consolidation could be nearing its end. One top analyst, Lucky, has recently shared a bullish technical analysis on X, offering an optimistic outlook for Chainlink. Lucky’s analysis reveals that LINK is trading within a falling wedge pattern, a formation often associated with potential bullish reversals. According to his chart, Chainlink has touched the lower boundary of this wedge three times, signaling strong support, and now appears to be gearing up for a breakout from its yearly consolidation range. He predicts that this breakout could happen as early as October, potentially triggering a surge in LINK’s price. Related Reading: Solana (SOL) Holds Above $140 As Funding Rate Signals Bullish Momentum Lucky has set several bullish price targets once Chainlink breaks out of this consolidation phase. The first target is $15, followed by more ambitious targets at $19 and $22. These price levels would represent significant gains from Chainlink’s current price and mark a strong recovery from the bearish trend that has dominated most of 2024. With bullish patterns emerging, investors are closely watching for Chainlink’s next move, anticipating that a major breakout could propel LINK toward these optimistic price targets. Technical Analysis: Key Prices To Watch Chainlink (LINK) is currently trading at $11.09 and is testing a key resistance level, the 4-hour 200 moving average (MA) at $11.10, after a 7% surge since Thursday. This level has become a significant hurdle for bulls, as the price has struggled to break above the indicator. For the bullish momentum to continue, LINK must push past this indicator and aim for higher supply zones around $13. However, the current price action suggests that bulls are finding it difficult to gain strength at this critical level. Should LINK fail to break above $11.10 and reclaim the higher resistance, a correction may follow. In that scenario, the price could dip to a lower demand zone, with the next key support level at $9.2. Related Reading: Can SUI Break Past $2 Resistance? On-Chain Metrics Reveal Growing Demand The coming days will likely determine whether LINK can maintain its upward trajectory or see a pullback in price. A successful breakout above the 4-hour 200 MA could signal further gains, while failing to do so may result in a bearish correction. Featured image from Dall-E, chart from TradingView
Robert Kiyosaki, author of Rich Dad Poor Dad, has expressed concerns about World War III, warning that current global tensions could lead to catastrophic consequences. He emphasized the need for stronger leadership. This echoes past warnings from him about geopolitical threats and energy-driven conflicts. Kiyosaki Warns of World War III Amid Rising Global Tensions The