Posts

Showing posts with the label altcoins

Render (RNDR) price rallies as community passes key proposal

Render (RNDR) price was up 5% in the past 24 hours and 52% in the past 30 days. The AI related crypto project has seen positive sentiment amid greater adoption of its technology. A community vote has also passed a proposal to onboard cloud computing platform Beam. The price of Render rose sharply on Friday as the AI crypto token continued the outperformance seen this past week. RNDR traded more than 5% up to highs of $2.25 in the 24-hour period to the time of writing, with weekly and monthly g AI ns at 13% and 52% respectively. Recent upward momentum has benefited from AI hype driven by forecasts from m AI nstream companies, including Microsoft, Nvidia and Palantir. RNDR price up as community votes for key proposal Render’s upside appears to have defied likely sell-off pressure after on-chain data revealed FTX/Alameda had moved over 974k RNDR tokens. While the transfer of the tokens, valued around $2 million at the time, was probably for selling pu...

Nervos Network Price Prediction 2023: Crypto Veteran Offers Alternative GameFi Token For Potential Explosive Growth

Image
It’s no news that the majority of cryptocurrencies are bearish across the board. After a prolonged bear season that has wiped out almost all profits made in the bull run, investors are in a race to recover losses on their portfolios and maybe, by some miracle, make massive profits. This is why inventors are rummaging through niches to find viable PR ojects that they can invest in. Nervos Network is an innovative crypto that supports many assets and makes it super easy to create and use dApps. A millionaire investor who bet on Nervos Network before its explosive move to an all-time high is now betting on this new GameFi token. Experts believe this new P2E gem is a surefire bet for investors who want to recover their losses and make profits. In this article, we’ll dive deep into Nervos Network’s price prediction for 2023 and why this new GameFi token is worth all the hype it’s getting. Nervos (CKB) Price Prediction for 2023 Nervos network has fallen almost 96% from it...

Axie Infinity (AXS) Trembles As This New Memecoin Seizes The Spotlight, Promising An Unstoppable 10X Rally

Image
The rise of play-to-earn games in the cryptocurrency industry has sparked a question: “Can crypto really provide a platform where people can play games and earn rewards?” This question gained significant attention, particularly with the emergence of Axie Infinity in 2020. Axie Infinity became a sensation among gamers and investors, offering the opportunity to earn substantial profits through its native token, AXS. The game’s success and the financial gains it brought to many individuals captured the attention of the crypto community. However, as time PR ogresses, the landscape of GameFi evolves. The days of Axie Infinity’s dominance have passed, and now a new memecoin is capturing the attention of crypto legends and gamers. That memecoin is Pikamoon. With its unique gameplay, immersive experience, and potential for financial rewards, Pikamoon aims to surpass the achievements of any previous play-to-earn game. As crypto legends shift their focus to Pik...

SEC vs. Ripple: Pro-XRP Attorney Says Hinman Docs Are Coming, Dispels Settlement Rumors

Deaton believes Hinman’s docs will be made public despite recent settlement rumors.  CryptoLaw founder attorney John E. Deaton has joined XRP community members to comment on the joint request filed by the SEC and Ripple regarding the filing of public, redacted versions of summary judgment materials and accompanying exhibits, including the drafts of William Hinman’s 2018 speech.  For context, the parties  filed a joint letter yesterday asking for a one-week extension to enable them to file public, redacted versions of the cross-motion for summary judgment and other exhibits like Hinman’s documents.  Although the request covers the cross-motion for summary judgment, XRP community members were more concerned about the drafts of Hinman’s speech.  Defense lawyer and former federal prosecutor James K. Filan previously  disclosed  that Hinman’s docs would be released publicly on June 6, 2023. However, the request for an extension has now shifted the deadline to June 13, 2023...

Bitcoin’s recovery may trigger buying in these 4 altcoins

Image
While most coins are reeling under pressure, Bitcoin and select altcoins such as ADA, ATOM, LDO, and ARB are showing promise. The S&P 500 Index (SPX) closed the week with a nominal loss of 0.29% but Bitcoin (BTC) is on target to finish the week with a deeper cut of more than 5%. The weakness in Bitcoin pulled several altcoins lower, indicating weakening sentiment. A silver lining is Bitcoin’s solid bounce on May 12. Several analysts anticipate Bitcoin to start a recovery but monitoring resource Material Indicators sounded cautious. In a recent analysis, they said that the lack of a strong bid from the whales at lower levels could be a concerning sign. They believe that the bullish perspective will invalidate if Bitcoin sustains below the 200-week moving average. Crypto market data daily view. Source: Coin360 Over the next few days, the progress on the debt ceiling talks between leaders from Congress and the White House is expected to take center stage. The uncertainty and risks ...

Binance Moves Shiba Inu (SHIB) Out Of Innovation Zone And Price Drops 6%, Can Shib Match Collateral Network’s (COLT) 35X Price Target?

Shiba Inu (SHIB), the second largest memecoin on the planet, was moved out of the Binance innovation zone on April 18th. According to the platform, there is now enough confidence behind Shiba Inu (SHIB) to be considered a more stable investment than an innovative one. This unexpectedly caused SHIB) to decline in price, surprising many Shib holders. On the other hand, new DeFi altcoin Collateral Network price increased 40% garnering rave reviews from experts in crypto. BUY COLT TOKENS NOW Shiba Inu (SHIB) Price Crashes Over 6% Following Binance Decision Since it was first founded in 2020, Shiba Inu (SHIB) has always been known as a Dogecoin (DOGE) competitor. While bullish investors believe it could one day match Dogecoin (DOGE), Shiba Inu (SHIB) growth has since slowed. At the time of writing, in one day, Shiba Inu (SHIB) decreased in PR ice by 3.04% , with one SHIB token selling for $0.0000106 . The 24-hour price chart for Shiba Inu (SHIB). Source: CoinMarketCap While Shiba Inu...

3 reasons why it could be a rocky week for Bitcoin, Ethereum and altcoins

Image
BTC volatility is at a record low, inflows to spot markets remain muted and this week’s economic calendar suggests that volatility is set to rock the crypto market. Continuing with 2022’s trend, there is a lack of positive excitement in the crypto market. While Bitcoin (BTC) and altcoins have remained stagnant to start 2023, there are a few reasons why volatility could spike in January.  Market caps during the 2022 holiday period. Source: Arcane Research Winklevoss Letter to DCG stirs up bankruptcy FUD On Jan. 2, Cameron Winklevoss, the co-founder of Gemini, penned an open letter to Digital Currency Group (DCG) founder, Barry Silbert demanding answers on the $900 million in locked customer funds. Gemini launched the “Earn” program in coordination with Barry Silbert and the $900 million in customer funds have been locked since Nov. 16 due to DCG liquidity issues. After the letter, crypto Twitter began generating FUD toward DCG, believing there to be liquidity issues akin to 3 Arrows...