Abdul Rafay Gadit made a move that is still seldom done in the banking world: He jumped from traditional finance, or TradFi, to decentralized finance, or DeFi. TradFi is highly regulated and emphasizes protecting consumers. Yet, it can be slow,…
Abdul Rafay Gadit made a move that is still seldom done in the banking world: He jumped from traditional finance, or TradFi, to decentralized finance, or DeFi. TradFi is highly regulated and emphasizes protecting consumers. Yet, it can be slow,…
Market experts foresee substantial gains for certain digital currencies, projecting immense potential returns. Speculations arise about which tokens might surge exponentially by the next major cryptocurrency peak. This insight delves into four specific coins that analysts believe are primed for extraordinary growth. Discover which cryptos could become the next big profit-makers in the volatile world Continue Reading: Market Analysts Predict These 4 Cryptos Will 100x by the Next Bitcoin Peak
Affordable digital currencies are making waves, showing strong potential for significant growth in the next year. These low-priced tokens offer investors the chance to achieve remarkable returns. This article explores five specific cryptocurrencies priced below a cent that could experience exponential increases, revealing which ones might lead the market surge in 2024. DOGEN: The First Continue Reading: Meme Coins Jackpot: Top 5 Cryptos Under $0.01 Ready to Explode for 1000x Gains in 2024!
Bitcoin's price currently faces resistance around 62 thousand dollars. BlackRock emphasizes Bitcoin's role as a hedge against declining purchasing power. Continue Reading: Bitcoin Faces Resistance at 62K with Future Price Predictions The post Bitcoin Faces Resistance at 62K with Future Price Predictions appeared first on COINTURK NEWS .
Dumb Kamala could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Dumb Kamala (DUMBKAMA), a Solana memecoin launched today, is set to explode over 16,000% in price in the coming days. This is because DUMBKAMA 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 cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Dumb Kamala can only be purchased
SUI is currently testing a crucial supply zone following a massive 95% surge triggered by the Federal Reserve’s recent interest rate cut announcement. The explosive rally, driven by significant buying pressure, has led to volatile price action, raising questions about whether this upward momentum can be sustained. As SUI hovers near its current highs, market speculation is increasing around the possibility of a correction to lower demand levels, with $1.40 being the key target. Related Reading: Solana ‘In Serious Danger’ If $137 Support Breaks – Analyst Shares Targets Key data from Coinglass reveals a decline in market demand, signaling a potential slowdown in buying activity. This has left some investors on edge, as they anticipate a price drop in the coming days. The sudden surge has fueled both optimism and caution as traders weigh the potential for continued gains against the risk of a sharp reversal. With SUI now at a critical juncture, the next few days will be pivotal in determining whether the bullish trend can continue or if the market will retrace to more stable demand levels. Investors are watching closely, ready to adjust their strategies based on the unfolding price action. SUI Funding Rate Signals Price Drop SUI is at a critical point after days of extreme price action and significant gains. Following its impressive 95% rally since the Federal Reserve’s interest rate cut announcement, some investors and traders are beginning to take profits, signaling a potential shift in market sentiment. Many now view a correction to $1.40 as inevitable, especially as buying pressure cools down. Key data from Coinglass suggests a cooling demand, with the funding rate turning negative to -0.067, marking a yearly low. The funding rate is a key indicator in futures trading, representing the periodic payment between traders in long positions (betting on price increases) and those in short positions (betting on price declines). When an asset’s funding rate turns negative, it indicates that more traders are opening short positions, expecting a drop in price. This shift reflects growing caution in the market as traders start positioning themselves for a potential downturn. Related Reading: Ethereum At Risk Of Further Decline: Top Investor Sets $2,150 Target If Support Breaks With the funding rate at such a low and demand waning, the market is showing signs of cooling off after SUI’s explosive September rally. As a result, investors and traders are now patiently waiting for a correction to lower demand levels around $1.40, which could present new buying opportunities or signal further declines depending on the broader market conditions. Key Levels To Watch SUI is currently trading at $1.73 after experiencing days of volatile price action. The price surged but halted at the crucial $2 resistance level and has since entered a consolidation phase just below it. This key level has become a barrier for bulls, and a push above $2 is necessary for SUI to regain momentum and confirm a bullish trend. However, the market remains uncertain, and if the price fails to hold the $1.60 support level, a deeper correction could follow. Analysts predict that a break below $1.60 may lead to a 20% drop, bringing SUI down to the $1.40 demand zone. This level is being closely monitored by investors and traders as a critical support to prevent further downside pressure. Related Reading: Cardano (ADA) Faces Risk Of 30% Drop – On-Chain Metrics Confirm A Slow Demand As the market fluctuates, SUI’s price action remains in a delicate balance between potential recovery and further correction. The next moves around these key levels will likely determine whether bulls regain control or if bears continue to push prices lower in the coming days. Featured image from Dall-E, chart from TradingView
Following a slow period for non-fungible token (NFT) sales in September, the past week has shown a 10.07% rise in revenue compared to the previous week. According to data from cryptoslam.io, the total NFT sales reached $85.8 million, with Ethereum contributing $27.75 million. NFT Market Sees $85.8M in Sales, Ethereum Tops $27M Over the past
Big banks are battling for new customers in the US, with JPMorgan Chase now offering a total of $900 to entice people to switch banks. Chase’s offer is for people who open both a checking and a savings account and meet certain requirements. Specifically, new Chase customers receive a $300 bonus for opening a checking The post JPMorgan Chase Paying $900 To New Customers As Wells Fargo, Bank of America and Citi Offer Hundreds in Sign-Up Bonuses appeared first on The Daily Hodl .