China’s population is its secret weapon, and it’s why its economy could soon leave the U.S. behind. With over 1.4 billion people, China has a massive consumer base that drives growth at a scale America simply cannot match. While the U.S. deals with runaway debt and economic pressure, China’s government is making moves to stabilize
As 2024 comes to an end, the momentum in the crypto market is changing leading up to 2025. New coins are rising fast, meme coins are booming as stable coins hit a record high. But OG coins like Bitcoin still hold its ground.
Ethereum (ETH) has grown to be the most competitive Bitcoin (BTC) rival, allowing for programmable money and smart contracts. After … Continue reading The post One Ethereum rival to turn $100 into $1,000 in 2025 appeared first on Finbold .
A widely followed crypto analyst believes one Ethereum (ETH)-based altcoin is gearing up for a massive breakout. Crypto trader Michaël van de Poppe tells his 727,900 followers on the social media platform X that decentralized oracle network Chainlink (LINK) is looking bullish on the weekly timeframe as it consolidates above the key support level of The post Trader Calls One Ethereum-Based Altcoin the ‘Opportunity of a Lifetime,’ Updates Outlook on Bitcoin and Sei appeared first on The Daily Hodl .
Following Dogecoin USD price action, all indications on the Dogecoin USD price chart point to a growing potential for Dogecoin USD to get a price surge soon
Hamster Kombat token struggles to maintain a price above $0.1. Market conditions hinder significant growth for HMSTR in the near term. Continue Reading: Hamster Kombat Token Faces Price Pressure Below $0.1 The post Hamster Kombat Token Faces Price Pressure Below $0.1 appeared first on COINTURK NEWS .
Billy Markus, co-creator of the meme-based cryptocurrency Dogecoin, expressed his skepticism about the upcoming HBO documentary that promises to reveal the identity of Bitcoin’s creator, Satoshi Nakamoto. In a recent post on X (formerly Twitter), Markus, known on the platform as “Shibetoshi Nakamoto,” joked about his low expectations for the documentary, suggesting he is prepared … Continue reading "Billy Markus Skeptical About HBO’s Satoshi Nakamoto Documentary" The post Billy Markus Skeptical About HBO’s Satoshi Nakamoto Documentary appeared first on Cryptoknowmics-Crypto News and Media Platform .
The crypto market prepares for an alarming bearish wave as certain altcoins stand primed to face massive token unlocks in the coming week. As per latest data from the Token Unlocks App, Aptos (APT), EigenLayer (EIGEN), Optimism (OP), Neon (NEON), Cardano (ADA), Xai (XAI), Mode (MODE), Ethena (ENA), io.net (IO), Hashflow (HFT), Moonbeam (GLMR), Euler The post 14 Crypto Tokens To Avoid Trading Next Week Amid $213M Token Unlocks appeared first on CoinGape .
Ethereum (ETH) has seen a 10.3% drop from last week’s highs following the recent market downturn. Its performance has worried many analysts and investors, considering ETH could be near another correction. Related Reading: Analysts Unfazed By Bitcoin (BTC) Drop, But Should We Fear October 5? Ethereum Whales Send Millions To Exchanges Ethereum has struggled to reclaim some key resistance levels since the October 1 correction. On Tuesday, the cryptocurrency saw its price nosedive from the $2,600 zone to the $2,300 mark, hovering between the lower and higher range of that support level for the past few days. Since then, news of multiple investors moving their tokens has hit the industry, alarming the community. On-chain analytics firm Lookonchain revealed that an Ethereum Initial Coin Offering (ICO) participant sold their tokens as the market bleed. Per the report, the whale deposited 12,010 ETH, worth $31.6 million, to Kraken a week ago after being inactive for two years. The same address sold another 19,000 ETH two days ago, around $47.54 million. Today, crypto analyst Ali Martinez highlighted that on October 3, roughly $259.2 million worth of ETH had been sent to crypto exchanges. According to the CryptoQuant data shared by Martinez, 108,000 ETH were sent to exchanges in the last 24 hours, significantly increasing from the day before. The news continued to fuel the bearish sentiment among many community members, who are disappointed about Ethereum’s performance and fear ETH’s price could soon face significant selling pressure. Will ETH Revisit Lower Levels Soon? Crypto investor Ted Pillows noted that ETH has been “one of the most underperforming cryptos in 2024.” Despite the approval of Ethereum spot ETFs (exchange-traded funds), the crypto has “underperformed almost every large cap.” He also pointed out that ETH surged alongside Bitcoin whenever the market was up but dropped significantly harder when the market struggled. “Whenever BTC has pumped 5%, ETH has pumped 3%, but whenever BTC has dumped 5%, ETH has dumped 12%-15%,” he remarked. However, Ted explained that every time Ethereum was considered “dead,” like in 2020-2021, it has eventually outperformed BTC. Based on this, the investor believes that ‘the king of Altcoins’ could face “one last flush” to $2,200 before the reversal. Similarly, trader Crypto General suggested that the cryptocurrency could retest the $4,000 by next month as he expects ETH to bounce from the current levels. However, he asserted that if the price breaks the trendline, “we can easily see the price touching the $2100 level.” Related Reading: Aptos (APT) Jumps 11% Following Acquisition Of Japanese Blockchain Developer HashPallette Other market watchers pointed out that Ethereum must reclaim the $2,400 resistance level to see a potential bounce toward $2,800. Previously, Daan Crypto Trades set the $2,850 resistance level as one of the key levels to watch. The analyst considers that reclaiming this level would signal a trend reversal for the cryptocurrency. This zone corresponds with the horizontal level that started the February-March run to ETH’s yearly high of $4,090. As of this writing, ETH has seen a positive price jump, currently trading at $2,431. This performance represents a 4.3% surge in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com