Chainlink (LINK) is experiencing noteworthy price movements, supported by bullish technical patterns and a surge in trader interest. The heightened volatility of the cryptocurrency market is creating a unique backdrop,
A massive chunk of all US banking customers have recently experienced some type of fraud on their accounts, according to a new study. Consumer insights and analytics firm J.D. Power says the study shows 29% of US bank customers and 22% of credit card users – at banks like Wells Fargo, Bank of America and The post Nearly One-Third of All Customers at US Banks Have Experienced Fraud in Last 12 Months: Study appeared first on The Daily Hodl .
Crypto analyst John Burr on TradingView has discussed the potential for the Dogecoin price to reach $3 this market cycle. Driven by the positive sentiments from recent political events spearheaded by SpaceX and Tesla CEO Elon Musk, Burr has revealed that Dogecoin can not only reach $3 but could skyrocket to $20. US Politics Could Drive DOGE To $3 According to the TradingView analyst, the Dogecoin price could be preparing for a strong bull run to the $3 target. In his report, Burrs discussed the effects of political changes on the crypto market, underscoring the changes the recent US Presidential elections have had on the Dogecoin price. Related Reading: Analyst Says Bitcoin Has Entered The ‘Thrill’ Phase, Here’s What To Expect Next Based on its price chart, Burr claims that Dogecoin is repeating historical trends which signal an impending bull rally. The analyst also mentioned a correlation to Musk’s Department of Government Efficiency (D.O.G.E), hinting at future government actions or pro-crypto regulations indirectly impacting cryptocurrencies. Moreover, Donald Trump’s upcoming inauguration ceremony as the 47th US President could also trigger the next bullish movement in the crypto market. As a result, Burr predicts that the Dogecoin price could surge to $3 on Inauguration Day. Considering that Dogecoin is trading below the $1 mark, the analyst has acknowledged that his bullish predictions for the meme coin could be wrong. He is focusing instead on the broader crypto bull market. He revealed that the market is currently at the beginning of the bull run, which gives Dogecoin more wiggle room for growth. Burrs has revealed that to some analysts, a $3 price target for Dogecoin may be conservative as they have projected extreme targets around the $40 level by next year. The analyst noted that skeptical crypto experts are unlikely to forecast an ATH beyond $3 for the DOGE price, primarily citing market cap concerns. This suggests that the DOGE market cap will have to exceed that of significant cryptocurrencies, possibly surpassing Bitcoin before it can reach $40. This substantial price and market cap increase appears unattainable, as it would require a sustained, strong demand and investor interest in Dogecoin. However, due to its meme coin status and the frequent occurrence of negative market conditions, maintaining such extensive demand could pose a challenge for Dogecoin, which remains vulnerable to market fluctuations. Related Reading: Bitcoin Volume Crashes 27% As Price Falls, What Does This Say About The Decline? Can The Dogecoin Price Reach $20? In his TradingView post, Burr also highlighted the possibility of the Dogecoin price reaching new highs at $20. The analysts acknowledged his doubts about the feasibility of this ambitious price leap, which stands in sharp contrast to his earlier confidence in the $3 prediction for the DOGE price. A $20 target represents a massive price increase for Dogecoin, which is currently trading at $0.37. Dogecoin will have to experience price gains of about 5,300%, driven by extremely bullish conditions, favorable market sentiment, and widespread adoption. Featured image created with Dall.E, chart from Tradingview.com
LINK's price action could be in an interesting position over the next few days.
Crypto analyst predicts that the Ethereum price to $6,000, Dogecoin to $1.2, and the AI altcoin, WallitIQ (WLTQ) to witness a 15,000% surge. Read original article on coincu.com
Linea Association will launch the LINEA token by Q1 2025, allowing token holders to participate in governance decisions.
Nigeria’s proposed Investments and Securities Bill, which proposes jail terms for Ponzi scheme operators, has been welcomed by crypto industry players who hope this will help clean up the sector’s reputation. 10-Year Jail Terms Proposed for Ponzi Operators Some members of Nigeria’s digital asset industry have hailed a draft bill proposing hefty fines and jail
Elon’s Car could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Elon’s Car (ELONCAR), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because ELONCAR 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, Elon’s Car can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to
Bitcoin trader eyes $100K price tag by Thanksgiving day in US, Bitcoin ETF options pass ‘second hurdle’: Hodlers Digest
Michael Saylor expects Bitcoin to reach $100,000 soon. He believes Trump's election will foster supportive cryptocurrency policies. Continue Reading: Michael Saylor Predicts Bitcoin Will Reach Six Figures Soon The post Michael Saylor Predicts Bitcoin Will Reach Six Figures Soon appeared first on COINTURK NEWS .