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Showing posts from December, 2024

Chainlink Doubles Investor's Money: Should You Invest in LINK Now?

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The bulls are back in the cryptocurrency market, as leading altcoins are hitting new yearly highs. Leading altcoin Chainlink went from a low of $10 to a high of $26 this week, attracting heavy bullish sentiments. LINK is now hovering around the $24 mark after rising nearly 125% in the last 30 days. Investors who took an entry position after Trump won the election in early November are all sitting in profits. Also Read: MATIC: After Rising 150%, Can Polygon Double Your Money Again? Source: Coingecko Chainlink sustainably scaled up in the indices, generating gains for traders almost every week. However, its price cooled down this week and is mostly trading sideways in the charts. In this article, we will highlight whether this is the best time to accumulate LINK in your portfolio. Also Read: Cardano: AI Sets Double-Digit Gains For ADA Chainlink: Buy LINK Now For Profits? Source: Pixabay Leading on-chain metrics and price prediction firm Changelly has predicted that Chainlink could cool d...

BRICS Countries React to Trump's 100% Tariff Threats

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President-elect Donald Trump threatened BRICS countries with 100% tariff rates if they decide to ditch the US dollar for trade. Trump made it clear that de-dollarization or launching a new currency and payment system to bypass the US dollar will be met with a 100% tariff on goods entering the US markets. If the tariff is imposed, BRICS countries will find it hard as their imports and export sectors will be hit. Also Read: BRICS: 2 Countries Pay 80% of Trade in Local Currencies, Not US Dollar On the heels of the recent 100% tariff threats by Trump, BRICS countries have reacted to the development. While some members doubt the tariff can be put in place, others remain cautious to not irk the President-elect. The balancing act of diplomacy now comes into the picture and how they navigate the next four years will decide the success of the de-dollarization agenda. Also Read: No Turning Back On Launching BRICS Payment System: Diplomat 100% Tariffs on Goods Entering the US: BRICS Reacts to Tru...

Here’s What Could Trigger the Next Wave of Altcoin Rallies, According to Crypto Strategist Rekt Capital

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A crypto strategist who nailed the pre-halving Bitcoin (BTC) correction earlier this year says altcoins will likely rip once this large-cap coin takes center stage. Pseudonymous analyst Rekt Capital tells his 517,800 followers on the social media platform X that a bullish Ethereum (ETH) would be very favorable for the altcoin market. “An ETH breakout would lead the next wave of altcoin rallies.” Looking at Ethereum, the trader says ETH is very close to sparking a high timeframe breakout. “Ethereum is now pressing past the ~$3,700 resistance of its main pattern (light blue). A weekly close above the pattern top would kickstart a breakout and end the 2024 ETH downtrend.” Source: Rekt Capital/X Ethereum has closed the latest weekly candle above $3,700. At time of writing, Ethereum is trading for $3,731. Late last month, Rekt said that Ethereum moving above $3,100 would trigger capital rotation from Bitcoin to ETH. He also shared a chart ...

Ctrl unveils its next-gen crypto wallet browser extension

Ctrl, a leading self-custody crypto wallet previously known as XDEFI, has unveiled a new browser extension with access to over 2,100 blockchains, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cosmos (ATOM), and THORChain (RUNE), as reported to Finbold on Monday, December 2.  By offering a unified platform, Ctrl seeks to help users connect to decentralized applications (dApps), perform cross-chain swaps, aggregate portfolios, and uncover overlooked funds. The extension is available for download on Ctrl’s official website. Picks for you If you invested $1,000 in XRP when SEC sued Ripple, you’d have this much now 2 hours ago Cardano (ADA) could crash 20% warns expert 2 hours ago ...

5 Best Cheap Cryptos to Invest Now Under 1 Dollar December 1 – Kaia, ZetaChain, Nervos Network, aelf

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Per data, the Bitcoin market is currently experiencing a state of extreme greed. The Bitcoin Fear and Greed Index, which tracks market sentiment and trends, currently stands at 84, emphasizing the heightened positive sentiment among investors. Historically, this metric has been correlated with Bitcoin’s price movements since 2018. Moreover, this comparison showcased the evolving relationship between Bitcoin’s price trends and investor sentiment. In light of this positive outlook, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar . 5 Best Cheap Cryptos to Invest Now Under 1 Dollar Kaia, formerly Klaytn and Finschia, has announced plans to launch Mini Dapps on the LINE platform. Meanwhile, ZetaChain (ZETA), currently ranked 164th in the cryptocurrency market, is trading at 0.9109, reflecting a 7.13% rise in the past 24 hours. Nervos Network has introduced the Fiber Network, a next-generation Lightning Network designe...