Posts

Showing posts from March, 2024

Gold or Silver: Which Commodity Delivered the Highest Profits?

Image
Gold and silver are among the most sought-after commodities as they have a store of value for centuries. Silver gained popularity after the 20th century as the Industrial Revolution began using the commodity for machines and products. Also Read: U.S. Debt To Reach $57 Trillion at Current Rate In the present day, car manufacturer Tesla extensively uses Silver to create EV batteries, particularly for the anode and cathode. On the other hand, GOLD is a safe haven and a hedge against inflation and is purchased by both retail and institutional investors. The procurement of gold and silver never stops and the two commodities always remain in business. So which of these two commodities has delivered the most profits in 25 years? In this article, we will highlight whether gold or silver has printed the highest returns to investors in the last 25 years. Also Read: BRICS: China Might Hold 5,300 Tons of Gold To Boost De-Dollarization Gold or Silver? Which Commodity Delivered ...

New Greener Meme Coin Project Reviewed by Zach Humphries – Dogecoin20 Presale

Image
In a recent video, crypto Youtuber Zach Humphries delves into Dogecoin20, a new presale project inspired by the popular meme coin Dogecoin. Zach Humphries stresses that Dogecoin20 doesn’t have a direct affiliation with Dogecoin, but it does possess some Features that might potentially influence Dogecoin’s price. The video showcases the recent surge in Dogecoin’s price, which has seen an increase of over 85% in the past month. Zach Humphries discloses that he recently included Dogecoin in his investment portfolio at around $0.15 and intends to hold it for the long term. Shifting the focus to the main topic of discussion, Dogecoin20, Zach Humphries proceeds to offer insights into its Features and objectives. Dogecoin20 prepares for Doge Day launch after over $10 million raise After raising over $10 million, Dogecoin20 is giving interested buyers another chance to purchase the token from its marketing allocation. Currently, $DOGE20 is priced at $0.00022. The meme ...

Bitcoin halving dates 2024: When, why, and what to know

Image
Bitcoin (BTC) has seen a remarkable surge in value in the early months of 2024, reaching an all-time high surpassing $70,000. This surge is attributed to various factors including regulatory approvals and the launch of bitcoin ETFs, as well as increased market appetite for risk assets like stocks and cryptocurrencies due to anticipated interest rate cuts. What is Bitcoin halving? Bitcoin halving refers to the reduction in the rate at which new bitcoins are produced. This process is fundamental to Bitcoin’s design and economic model. The blockchain, which is the underlying technology of Bitcoin, is maintained by miners—individuals or companies running specialized computers called application-specific integrated circuits (ASICs). These miners process Bitcoin transactions and add new blocks to the blockchain. Each time a Bitcoin transaction is made, the sender pays a fee, and this fee goes to the miners. Additionally, miners are rewarded with newly minted bitcoins for successful...

Next Cryptocurrency To Explode Thursday, March 28 – GateToken, NFPrompt, Aevo 

Image
Today’s outlook in the crypto market is relatively upbeat, with many assets posting increasing intraday prices. Nevertheless, the euphoria is much less, as most assets need help finding momentum to break above their recent ATH values.  Investors searching for the next cryptocurrencies to explode are now turning to newer crypto projects due to the higher potential upsides of the assets. Tokens like Aevo, NFPrompt, and older tokens like GT are gaining popularity due to emerging trends in their narrative. Hence, investors are betting that these tokens have the potential for explosive growth.  Next Cryptocurrency To Explode Even though listed tokens are getting the larger share of crypto investments, the upcoming crypto projects are also gaining investors’ interest. The recent performance of Dogecoin20 shows that investors are still willing to take risks on crypto newcomers. The token achieved its hard cap of over $10 million within a few days of its presale offerin...

Fetch.ai Price Prediction: FET Soars 7% On AGIX, OCEAN Merger As The Blowout 2.0 DOGE Presale Offers Last Chance To Buy

Image
The Fetch.ai price skyrocketed 7% to trade for 02:20 a.m. EST time as trading volume rises 70%. It comes following reports that Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) ecosystems are coming together to make a single token, ASI, the Artificial Superintelligence token.   [TREE DAO] SingularityNET, https://t.co/JSH3iD5uiE and Ocean Protocol are discussing merging their tokens into an ASI token that would have a fully diluted value of about $7.5 billion, according to people familiar with the matter — Tree News (@News_Of_Alpha) March 27, 2024 In a Wednesday announcement, the three AI projects said that they entered a proposed agreement to merge their tokens. The decision comes amid the growing popularity of AI solutions, with web3 companies looking to spearhead the narrative. This merger, which would have a fully diluted value worth $7.5 billion, will introduce the Features of blockchain into the AI world, crafting a new decent...

Fantom price up ahead of Sonic launch; NuggetRush investors anticipate similar price pattern at launch

Fantom (FTM) has caught market-wide attention as its Sonic upgrade will soon go live. Analysts now debate the possible effects on FTM. NuggetRush’s (NUGX) presale performance has given investors a peek at its growth potential. Fantom’s Sonic upgrade will soon go live, bringing major changes designed to boost its network performance. NuggetRush (NUGX) has joined the list of top meme coins in the gaming industry after its stellar presale numbers. The project has also raised over $3.3 million in token sale revenue. Yet, can NUGX become one of the best DeFi projects? Keep reading. Fantom prepares for the official launch of its Sonic upgrade Investors are jubilant over Fantom’s recent price surge as it became one of the best-performing bullish altcoins. Data from CoinMarketCap show that Fantom’s market capitalization has surged by $1.9 billion since the first week of 2024.  Fantom (FTM) had also crossed the $1.00 range in late...

Top Crypto Gainers Today Mar 27 – ICON, Sui Crypto, Mantle, Litecoin

Image
As the anticipation builds around the impending Bitcoin halving, the global cryptocurrency community finds itself at a crossroads of speculation and strategic planning. Beyond the surface-level excitement lies a nuanced understanding of how this event will recalibrate the dynamics of the Bitcoin ecosystem. With the reduced block rewards, miners face a fundamental shift in revenue streams, prompting discussions on network security and transaction fees. Concurrently, the halving is a stark reminder of Bitcoin’s inherent scarcity, amplifying its appeal as a digital store of value in an era of economic uncertainty. Biggest Crypto Gainers Today – Top List In the last 24 hours, the cryptocurrency market saw a significant trading volume of $410.46 billion. The current market sentiment is bullish, with the Fear & Greed Index at 83, indicating extreme greed among investors. While 61% of cryptocurrencies gained value during this period, 39% experienced losses, reflecting the m...

Sell signal for 2 overbought cryptocurrencies in April

Image
After weeks of huge volatility, some crypto assets are left with significant imbalances that could cause drastic changes. In particular, Finbold spotted two possibly overbought cryptocurrencies in what might be a sell signal for April. The overbought signal is usually identified through a technical indicator called the Relative Strength Index (RSI). Essentially, it measures the momentum of an underlying asset based on past price action, considering multiple factors. A strong momentum, above 60 index points is usually positive and indicates an uptrend or a bull market. However, going for extreme strength can often sign the crypto currency is due to a correction or trend reversal. Picks for you Short squeeze alert for April: BTC and ETH with potential to skyrocket 1 hour ago $100 billion crypto firm is on a hiring spree for AI talents 2 hours ago Radicle 1.0 goes live, spearheading decentralized code collaboration 3 hours ago 'Nvidia of crypto ' t...

Grayscale Sees Ethereum ETF Approval In May, Despite Lack of SEC Engagement

Grayscale expects an Ethereum ETF (exchange-traded fund) to be approved by the Securities and Exchange Commission (SEC) in May, despite the regulator’s lack of engagement with applicants. That’s because many of the tricky issues around crypto ETF issuance were settled between the SEC and fund managers for the launch of Bitcoin ETFs in January, said Grayscale’s chief legal officer, Craig Salm, in a Mar. 25 post on X. “ In the final months leading up to Bitcoin ETF approval,  Grayscale and others received positive and constructive engagement from the SEC,” he said. ” All of these issues were figured out and are identical when comparing spot Bitcoin to Ethereum ETFs. The only difference is rather than the ETF holding bitcoin, it holds ether. So in many ways, the SEC already has engaged and issuers simply have less to engage on this time.” 1/ Recently, there’s been a lot of chatter about spot #Ethereum ETFs. I personally am not det...

Spot Bitcoin ETFs Already BlackRock & Fidelity's Most Popular

Image
Although the investment vehicles have traded for a mere 50 days, Spot Bitcoin ETFs have already become BlackRock and Fidelity’s most popular funds. Indeed, Bloomberg Analyst Erich Balchunas took to X (formerly Twitter) to share some interesting facts about the two products. Specifically, Balchunas notes that the asset managers IBIT and FBTC Bitcoin ETFs account for more than half of their year-to-date flows. Launching on January 11th after gaining regulatory approval, the investment products have been on a record-setting pace in their short existence thus far. Source: news.bitcoin.com Also Read: BlackRock Says Bitcoin (BTC) is Crucial to the Financial System Spot Bitcoin ETFs Are Proving to be Most Popular Funds for BlackRock, Fidelity At the start of 2024, the digital asset market received a massive surge in mainstream attention following the US Securities and Exchange Commission (SEC) approval of Spot Bitcoin ETFs. These products catapulted Bitcoin to another strato...

Shiba Inu: Can SHIB Reach $0.00003 By Good Friday?

Image
Shiba Inu (SHIB) has witnessed a significant correction over the last few weeks, falling 2.3% in the weekly charts and 12.3% in the 14-day charts. However, the popular dog-themed cryptocurrency has rallied by 196.4% over the previous and 161.4% since March 2023. Source: CoinGecko Also Read: Shiba Inu vs. Dogecoin: ChatGPT Predicts If SHIB Can Outperform DOGE SHIB’s latest correction could be due to Bitcoin (BTC) falling below $62k last week, fuelled by fears of the Federal Reserve postponing rate cuts and low inflows into spot BTC ETFs (Exchange Traded Funds). Can Shiba Inu (SHIB) hit $0.00003 by Good Friday? Source: Unsplash According to CoinCodex, Shiba Inu’s (SHIB) price will rally over the next few weeks. The platform predicts SHIB to hit $0.00003357 on Good Friday, Mar. 29, 2024. Hitting $0.00003357 from current levels would translate to a growth of about 20.02%. Moreover, CoinCodex anticipates SHIB to continue its bullish trajectory throughout April, hitt...