Browsing: Crypto Price Prediction

Bitcoin price prediction to consolidate between 51177-52042$ rangeBTC line of control lies below 47826$ zone, looking bearish for many investorsHashrates for bitcoin hit a high, suggesting a surge in machines powered by the latest generation. In spite of bitcoin prices settling around the $50K area, the network’s hash rate has reached a new ATH on December 8th, 2021, peaking at 194,95 exahashes per second. Mining bitcoin has become 8.33% more difficult since December 11, but bitcoin miners have increased their processing power dramatically. Also Read: The Google Trends for 2021 are cryptocurrency and meme-based stocks Let’s dip dive into the technical analysis…

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Blockchain technology and “meme” companies are among the top news trends for 2021, according to a presentation entitled “A Year in Search 2021”.One of the major global trends for 2021 is incentive payments in the wake of the Coronavirus pandemic.The top eight searches in the top 10 are all related to various sporting events, with the most common searches being for news about cricket, India’s most popular sport with 1.3 billion people. Cryptocurrencies and “meme” companies topped the list of the main news trends of 2021 according to the version of the Google search engine, according to the presentation “A Year in…

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Solana Price Prediction to consolidate between 182-188$ rangeSOL line of control still lies below 163$ zone, looking bearish for many investorsSolana to be supported by Opera’s browser wallet in 2022 The browser developer said Friday it would add Solana support to its native wallet early next year, which could put Opera ahead of Brave. The company, which has been emphasizing Web 3 readiness since 2018, said in a press release that Opera will be “the first browser” to support decentralized applications built on the Solana platform. Another competitor to Solana is Brave, which is heavily focused on the crypto space…

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Ethereum price prediction to consolidate between 4316-4404$ rangeETH line of control still lies below 3825$ zone, looking bearish for many investorsEthereum push made by crypto firm Polygon: $500 million purchase A crypto platform named Polygon has acquired startup firm Predicate Labs, the developer of the Mir blockchain protocol, for about $500 million as part of a broader strategy to help increase Ethereum’s capacity and make it more appealing to users. Despite being one of the most popular blockchains, Ethereum users sometimes pay high fees due to its capacity challenges.Zero-knowledge rollups, pioneered by Mir, allow for the offloading of data from Ethereum…

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Cardano price prediction to consolidate between 1.41- 1.43$ rangeADA line of control lies below 1.33$ zone, looking bearish for many investorsThis is pretty exciting news that ERC20 Converter Tool has been released on Cardano Testnet Staking is probably one of the most appealing sectors in the decentralized space, and the Cardano blockchain has been showcasing tremendous traction in that space. As a result of its smart contract capabilities announced in September, the network has gained a lot of popularity and thousands of new users have to stake its native token, ADA. Over the past few months, Cardano has gained a…

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Bitcoin price prediction to consolidate between 51614-52055$ rangeBTC line of control lies below 49700$ zone, looking bearish for many investorsChief Strategist of Fundstrat Predicts Bitcoin’s Growth Will Continue to Be Expansive. The head of research at Fundstrat Global Advisors believes bitcoin has “exponential growth ahead of it.”.While acknowledging recent price swings of the cryptocurrency, the strategist emphasized that bitcoin has so far regained its losses in short periods of time. According to the Fundstrat strategist, bitcoin still has “exponential growth ahead” as it becomes more mainstream.Although he acknowledged the recent drop in BTC prices, he insisted that it made more…

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Solana Price Prediction to consolidate between 200-203$ rangeSOL line of control still lies below 192$ zone, looking bearish for many investorsThe Solana company claims that one transaction requires less energy than two Google searches A security auditing firm recently discovered and fixed a bug in the token lending contract of the Solana Program Library (SPL).A bug, that was discovered a couple of months ago, may have affected several decentralized finance protocols holding over $2 billion in total value locked (TVL).A team of specialists identified the possible protocol (or derivative) utilizing this contract and disclosed the problem immediately. It caused a…

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Ethereum price prediction to consolidate between 4617-4904$ rangeETH line of control still lies below 3894$ zone, looking bearish for many investorsPrice performance of Ethereum outshines that of Bitcoin, with ETH reaching its highest point in 3 years Cryptocurrency assets like Bitcoin and most altcoins have been struggling to recover from recent losses, but Ethereum has been holding its own.On the ETH/BTC chart, ETH has reached a three-year high despite the crash of the second largest cryptocurrency. Also Read: Ethereum bids reach millions of dollars in Ross Ulbricht Genesis Collection NFT auction Lets dip dive into technical analysis of ETH Technical…

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Bitcoin price prediction to consolidate between 52901-53986$ rangeBTC line of control lies below 45,870$ zone, looking bearish for many investorsEl Salvador again buys the dip on the spot market after Bitcoin plunges by $9K in an hour. With the crashes to the lowest since late September, the crash is caused by uncertainty caused by the Omicron variant of COVID-19 and growing discomfort by the Federal Reserve (Fed) with high inflation. Fed Chair Jerome Powell said that the central bank might look at the term transitory from inflation discussions on Tuesday The fall has nevertheless presented some with an opportunity to…

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Cardano price prediction to consolidate between 1.81- 1.90$ rangeADA line of control lies below 1.90$ zone, looking bearish for many investorsADA stakes are growing as more than 100,000 more people become holders of Cardano Staking is probably one of the most appealing sectors in the decentralized space, and the Cardano blockchain has been showcasing tremendous traction in that space. As a result of its smart contract capabilities announced in September, the network has gained a lot of popularity and thousands of new users have to stake its native token, ADA. Over the past few months, Cardano has gained a lot…

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Ethereum price prediction to consolidate between 4725-4785$ rangeETH line of control still lies above 4785$ zone, looking bullish for many investorsAn Ethereum developer asks the community to test its merge Ethereum (ETH) developer called for community participation in his so-called Merge – Ethereum’s main net joining with beacon chain’s proof-of-stake (PoS) system. The new program’s launch seems to have gone well. As the meme accompanying developer Marius van der Wijden’s announcement of this new program read, “Ethereum needs you to test the Merge.”. Also Read: Fiat vs Crypto? Russian Minister says Cryptocurrency can not replace Fiat Lets dip dive into…

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Bitcoin price prediction to consolidate between 58192-60568$ rangeBTC line of control lies below 54093$ zone, looking bearish for many investorsThe Cryptocurrency Bill 2021 will be introduced in Parliament following approval by the Cabinet. The Government intends to introduce the much-anticipated legislation ‘The Cryptocurrency and Regulation of Official Digital Currency Bill 2021’ in Parliament during this winter session. Possibly, the Bill will be introduced within the next few days. Finance Minister Nirmala Sitharaman said on Tuesday (November 30) in Rajya Sabha that a new crypto bill would be presented in the House after approval from the Cabinet Also Read: Microstrategy bought…

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Solana Price Prediction to consolidate between 1.65-1.68$ rangeSOL line of control still lies below 1.53$ zone, looking bullish for many investorsThe Solana company claims that one transaction requires less energy than two Google searches Reports on the blockchain platform state that Solana transactions are more energy efficient than its contemporaries. Solana claims that two Google searches consume more energy than a single Solana transaction based on its latest Energy Use Report. During a test, the network discovered that Solana transactions consume 24 times less energy than charging a mobile phone for an hour. In the report, the annual energy consumption…

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Cardano price prediction to consolidate between 1.64- 1.71$ rangeADA line of control lies below 1.53$ zone, looking bearish for many investorsA plan is outlined by Hoskinson to ensure dApp security in Cardano Cardano’s hard fork Alonzo brought forth a host of new functionalities, especially after the smart contract integration.For the most part, the community has been enthusiastic about the updates, however there has been a slew of criticism regarding the ‘delay’ in release dates. However, Cardano founder Charles Hoskinson recently presented a framework for how the community can manage expectations regarding the development and security of these dApps. Also Read:…

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BNBUSDT Rates by TradingView The Binance Coin BNB continued to point out its bullish aspect in the previous few weeks of buying and selling. The BNB coin was largely unaffected by the general market correction of the previous few weeks and is buying and selling at USD 611, not removed from its all-time excessive of USD 692 on Could 10. If the bulls handle to sustainably overcome the orange resistance zone, a subsequent improve as much as the purple resist space should be deliberate. A sustained restoration within the general market ought to enable the value of the Binance Coin to rise to new all-time highs within the medium time period. AAPL Chart by TradingView Bullish variant (BNB)The BNB value can shake off the general market weak point and generate a weekly plus as the one high 10 Altcoin. If Bitcoin rises again in direction of USD 60,000 within the coming buying and…

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Ethereum price prediction to consolidate between 4256-4329$ rangeETH line of control still lies below 4020$ zone, looking bearish for many investorsSweden Calls for EU to Ban Bitcoin and Ethereum Mining Immediately following China’s ban on Bitcoin and Ethereum cryptocurrency mining, this month the heads of Swedish financial and environmental protection authorities published an open letter to the Swedish and EU governments calling for a ban on energy-intensive cryptocurrency mining. In the open letter (via The Register), Erik Thedéen, Director General at the Swedish Financial Supervisory Authority, and Björn Risinger, Director General at the Swedish Environmental Protection Agency argued that crypto-assets…

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Bitcoin price prediction to consolidate between 57617-58943$ rangeBTC line of control lies below 53325$ zone, looking bearish for many investorsInvestors dump bitcoin, metaverse coins as fears about a new COVID variant drive prices down Bitcoin, the leading cryptocurrency, dropped 7.5% in 24 hours to $54,079 at 8:50 a.m. The index pared the losses logged earlier, dropping to $53,625 — its lowest level since October 10. South African scientists reported Thursday that they had found a new version of COVID-19, number B.1.1.529, that could be more transmissible and resistant to vaccines. In response, the UK suspended flights from six southern African countries and…

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Solana Price Prediction to consolidate between 217-178$ rangeSOL line of control still lies below 178$ zone, looking bearish for many investorsInstitutional investors slow down investment in Solana, causing the price to decline 15% Currently, the price of Solana is consolidating around the trading range’s midpoint, which suggests it will follow the general trend and move lower. This move will ease the selling pressure and allow buyers to come back into the market. Reports indicate that institutional investors have slowed down their investments in Solana over the last two weeks, according to CoinShares. Also Read: South Korea welcomes crypto, while the…

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Cardano Price Prediction : The cryptocurrency broker eToro says it will delist cardano and tron for US customers by the end of the year due to regulatory concerns Cardano price prediction to consolidate between 1.8331- 1.9143$ rangeADA line of control lies below 1.8331$ zone, looking bearish for many investorsThe cryptocurrency broker eToro says it will delist cardano and tron for US customers by the end of the year due to regulatory concerns In a surprise announcement, eToro has announced it will delist cardano’s ada token and the TRON Foundation’s tron token for US customers beginning December 26. According to an…

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Bitcoin price prediction to consolidate between 56692-57245$ rangeBTC line of control lies below 56992$ zone, looking bearish for many investorsThe federal government will not ban crypto, but it may impose a tax on it, say sources In India, the central government may not ban cryptocurrency outright. The government is preparing a bill to regulate cryptocurrency trading during the upcoming winter session of Parliament. As per the Lok Sabha website, the crypto bill is likely to prohibit all private cryptocurrencies in India, with some exceptions. The inter-ministerial panel has recommended that all private cryptocurrencies, except any virtual currencies, be banned. Also…

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