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Buy alert: Signals predict a 75% uptick in Cardano price

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Cardano (ADA) appeared highly promising in the final months of 2023 and up until late March 2023 as it appeared set to rise toward new highs in a series of stages, each recording higher highs and higher lows in sequence. More recent trading; however, ostensibly dampened the hopes as ADA entered a significant decline in the crypto market and is dangerously close to retracing back to its late November price s below $0.40. One cryptocurrency expert, however, believes the time may be right to buy the cryptocurrency as a crucial ratio for ADA – the Market Value to Realized Value (MVRV) Ratio – has hit a critical low. Picks for you 3 cryptocurrencies to avoid trading next week 12 mins ago 3 cryptocurrencies under $0.10 to buy next week 16 mins ago Bitcoin faces the mother of all crashes as this support gets retested 1 hour ago Crypto market adds over $100 billion despite Israel’s response attack 1 hour ago This ratio is calculated by dividing the mar
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‘The Q1 Hype Cycle Is Over’: Crypto Analyst Updates Outlook on Bitcoin (BTC) After Deep Pullback

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One widely followed crypto trader is breaking down Bitcoin (BTC) after a 9% crash over the last week. Pseudonymous crypto analyst Rekt Capital tells his 452,800 followers on the social media platform X that BTC’s current re-accumulation phase may fool some traders into thinking it’s a Bitcoin breakdown. “One of the key things to note about Bitcoin’s Re-Accumulation Ranges throughout this cycle is this: Downside wicks below the Range Lows tend to occur to trick investors into a fake breakdown (black circles) before resuming into an uptrend.” Source: Rekt Capital/X Bitcoin is rapidly approaching the halving, a quadrennial event where BTC mining rewards are slashed in half. Indicators suggest the imminent event should occur sometime in the next week. According to Rekt Capital, that means the next bull cycle peak is still about a year and a half away. “If history repeats… Next Bull Market peak may occur 518-546 days after the Halving That’s mid-September or mid-
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Trader Says Bitcoin Could Surge by 35% if BTC Overcomes Critical Level, Updates Outlook on Ethereum and VeChain

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Cryptocurrency trader Ali Martinez is highlighting a key resistance level which, if broken, could see Bitcoin (BTC) hitting a new all-time high. Martinez tells his 58,900 followers on the social media platform X that Bitcoin could soar by up to 36% from the current level if BTC manages to climb above a key resistance level. However, the trader says that Bitcoin could also fall by up to 18% if a key support level crumbles. “By the looks of it, Bitcoin has been consolidating in a parallel channel, which makes $61,000 the most important support level and $72,400 the most important resistance level. If BTC breaks below support, it could drop to $56,200 or $51,600. But if BTC can break past resistance, the next price targets are $79,000 and $86,000!” Source: ali_charts/X Bitcoin is trading at $63,050 at time of writing. Turning to Ethereum (ETH), Martinez says that a major support level for the second-largest crypto asset by market cap lies between $2,000 and $2,4
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Bitcoin Depot Deploying Over 60 ATMs to Major Grocery Chain

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The world-leading Bitcoin ATM network has announced that 60 of its ATMs are set to be deployed in the fastest-growing grocery chain in the country, Fareway. Indeed, Bitcoin Depot has announced its partnership with the company that Features more than 130 stores in the Midwestern United States. The development will certainly be important for the growing prevalence and prominence of Bitcoin ATMs. Moreover, the agreement noted that exactly 66 units would arrive at Fareway locations in seven different states. The development will continue Bitcoin Depot expansion efforts into the new year. Source: De Moines Register Also Read: Canada: Bitcoin ATMs record 28% surge amidst price bear market Bitcoin Depot and Fareway Sign Major Partnership to Expand Bitcoin ATMs One of the most interesting developments in the digital asset sector has been the rise in Bitcoin ATMs. Although they have been rather inconsistent in their prevalence, there may be no better time to expand their presence
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XRP ‘bulltrap’ hints at epic crash below $0.40

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Though hopes remain high for a rally toward $1, XRP has, without a doubt, been in a precarious position for multiple years. Indeed, the legal battle between the SEC and Ripple Labs has been casting a large – and often dark – shadow upon the token generally serving as a major limiting factor to its uptrends. Due to the regulatory pressure and despite the hopes and several breakout attempts, XRP has so far failed to truly take off amidst the 2024 crypto market rally and, according to one expert, is likely to continue trading lower. Picks for you Crypto.com announces Rewards+, a new loyalty program 34 mins ago Gold rally pauses: What's next as investors eye fedspeak? 40 mins ago 'Nvidia of crypto' token is down over 30% in a month 44 mins ago Sell signal for two yet overbought cryptocurrencies this week 51 mins ago Crypto analyst known as CoinsKid on X recently opined that despite XRP appearing to be turning its bulltrap into a beartr
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Tether prints $1 billion ‘unbacked’ USDT ‘out of thin air’

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Tether minted another $1 billion worth of USDT on April 16, as the cryptocurrency market accumulated significant losses. The billion aire issuance raised criticisms and questions about its legitimacy, while Tether’s CEO disclosed the issuance as “inventory replenishment.” In particular, WhaleWire called Tether out a few minutes after the mint occurred through a post on X (formerly Twitter). “JUST IN: Another $1,000,000,000 worth of unbacked Tether USDT has been printed out of thin air.” – WhaleWire Picks for you Interest in ‘Bitcoin halving’ on Google hits highest ever 15 mins ago Buy signal for two oversold cryptocurrencies amid Iran-Israel escalation 2 hours ago What’s happening with the dollar as USD skyrockets to a 5-month high? 3 hours ago DOGE trades near crucial support; Crypto expert eyes major ‘buy’ opportunity 3 hours ago “$1 billion USDT” post. Source: X/WhaleWire Notably, Tether minted the $1 billion USDT through a smart con
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Opportunity? Cardano enters long-term buy zone ahead of 1,300% spike

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Cardano’s (ADA) journey toward $1 continues to encounter obstacles, with the token experiencing a significant sell-off mirroring the broader cryptocurrency market downturn. Indeed, recent price movements have led to the token being dubbed a “zombie crypto” due to its perceived failure to make substantial progress. Notably, in a TradingView post on April 16, cryptocurrency trading expert Alan Santana acknowledged that ADA is trading at a fraction of its potential. He highlighted that technical analysis suggests the token is primed for a significant breakout. Santana’s insights stem from his observation of market trends. He pointed out that 2023 marked a recovery year for Cardano, characterized by a relief rally. However, he views the ongoing correction phase as not a setback but a precursor to a substantial uptrend. Santana anticipates the formation of a long-term higher low, signaling the onset of a major bull market for Cardano. Picks for you Sell-off alert: L2 cry
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Luxury Sneaker Brand Adidas Partners With STEPN To Launch NFT Sneakers

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STEPN, the move-to-earn platform that gamifies physical wellness, has partnered with the global sports brand Adidas to launch generative non-fungible token sneakers. The partnership also aims to revolutionize the lifestyle app ecosystem and bring global adoption to the web3. STEPN Partners With Adidas To Launch NFT Sneakers In an April 15 blog post, the move-to-earn gaming platform STEPN confirmed signing a strategic partnership with the global luxury sport brand Adidas. This groundbreaking partnership will include multiple activations meant to provide a full experience to their communities. STEPN x adidas: Step into the Future. We are proud to announce that we are teaming up with @adidas and @altsbyadidas for a long-term collaboration, to revolutionise the lifestyle app ecosystem, and bring global adoption to @fslweb3. This groundbreaking partnership will contain… pic.twitter.com/qN2xTNcbD6 — STEPN | Public Beta Phase VI (@Stepnofficial) April 15, 2024 Launched in July 2021,
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Andrew Tate says this crypto blockchain ‘will be huge’

Although some of his previous statements could suggest a highly negative view of crypto currencies and individuals in that industry, social media personality and former professional kickboxer Andrew Tate has recently endorsed a block chain he believes will be “huge.” Specifically, the controversial influencer announced that Venom, the recently launched Layer-0 blockchain by the Venom Foundation on the mainnet, “will be huge regardless” of whether or not his followers on social media buy it on his recommendation, according to his X post on April 14. Blockchain Venom. Dont buy it, I dont care. It will be huge regardless. Im only tweeting this so I can later use it as a Told Ya So. — Andrew Tate (@Cobratate) April 14, 2024 As it happens, Tate also referred to the X posts he made earlier, including an invitation to his followers to sign up for a newsletter in which he would tell them “how to get rich with crypto,” and a claim that he had “found one” of the “genuinely technological
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Bancor Price Prediction for Today, April 13 – BNT Technical Analysis

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The Bancor price prediction may continue to settle above the 9-day and 21-day moving averages as the coin heads to the upside. Bancor Network (BNT) Token Forecast: Is Bancor Coin Worth Investing In? As the cryptocurrency market approaches the $3 trillion capitalization mark, altcoins are leading the bullish trend. While large-cap coins continue to reach new heights, smaller-cap coins hold the promise of substantial gains. Amidst a sea of altcoins, we present a BNT price prediction, focusing on the native coin of the Bancor Network. Bancor Prediction Statistics Data: Bancor price now – $0.86 Bancor market cap – $108.3 million Bancor circulating supply – 131.1 million Bancor total supply – 161.1 billion Bancor Coinmarketcap ranking – #141 BNT/USD Market Key Levels: Resistance levels: $1.05, $1.10, $1.15 Support levels: $0.65, $0.60, $0.55 BNTUSD – Daily Chart Looking at the daily chart, BNT/USD continues to trade above the 9-day and 21-day moving averages within the chann
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Crypto Analyst Predicts Bitcoin Build-Up Before Breakout, Updates Outlook on Two Altcoins

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A widely followed crypto analyst says Bitcoin (BTC) is busy accumulating for another breakout. Crypto trader Michaël van de Poppe tells his 711,500 followers on the social media platform X that gold and BTC are on their way to new all-time highs (ATHs). “Bitcoin looks like it wants to build up before another breakout. Gold continues the rally towards new ATHs as well.” Source: Michaël van de Poppe/X BTC is worth $69,383 at time of writing, up 1.6% in the last week. Looking at Polkadot (DOT) trading against BTC, Van de Poppe says he will be adding the interoperability chain to his portfolio soon. “There we go, DOT reached a cycle low on the BTC valuation due to the strength of Bitcoin. Rotation is near, fundamental progress is there, I’m glad to be adding this to my personal portfolio.” Source: Michaël van de Poppe/X DOT is worth $8.14 (0.00012 BTC) at time of writing, down 2.3% in the last seven days. Finally, Van de Poppe looks at Synthetix (SNX), a dece
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Short squeeze alert for next week: Two cryptocurrencies with skyrocket potential

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Bitcoin’s (BTC) dominance is back to local resistance, nearing 55%, while the altcoins lost strength against the leading crypto currency. As this occurs, crypto traders favored opening short positions against cryptocurrencies that could soon skyrocket with a short squeeze . Notably, the Bitcoin Dominance Index (BTC.D) is 54.64%, currently above the 50-day exponential moving average (EMA). The BTC.D nears a local top at 55.26% as Bitcoin gains strength against altcoins, mostly of which traders have been increasingly shorting. Bitcoin Dominance Index (BTC.D). Source: TradingView As a result, some of these cryptocurrencies accumulate relevant liquidation pools upwards, potentially triggering short squeezes next week. Picks for you 'Rich Dad' R. Kiyosaki reveals why he will not buy into Bitcoin ETF 1 hour ago Machine learning algorithm sets Ethereum price for April 30, 2024 2 hours ago SHIB joins CDSA to bring new blockchain solutions to media and ente
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Favourite altcoins in Q2 2024: FLOKI (FLOKI), Cardano (ADA) and Rebel Satoshi Arcade (RECQ)

FLOKI, Cardano and Rebel Satoshi Arcade are altcoins that investors have been massively accumulating this quarter. Their bullish outlooks and unique concepts make them promising altcoins to hold. As a new token, Rebel Satoshi Arcade has significant upside potential, fueling investor interest. Investors have waited years for this moment — a new bull market. The market has been retesting levels last seen during the 2021 bull market, signalling the start of a new cycle. To determine the most compelling investments, we have been following what savvy investors are buying— following the money trail. Some of the alt coins favoured by savvy investors this quarter include FLOKI (FLOKI), Cardano (ADA) and Rebel Satoshi Arcade (RECQ). These alt coins could have significant upside potential and all three have unique concepts. If bullish forecasts are right, these could be some of the best cryptos to buy now. Rebel Satoshi Arcade (RECQ): the rave of the moment Rebel
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The Important Reason Why Gold Prices Are Rising

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Gold prices touched a high of $2,363 on Wednesday and are attracting heavy bullish sentiments in the indices. The XAU/USD chart is brimming with optimism as the precious metal is the most sought-after asset in the markets. It is now the top-performing asset in the commodity market leaving Crude and Brent oil behind. Also Read: JP Morgan Warns of a Major Recession in the US With 8% Interest Rates Estimates indicate that GOLD could also reach $2,500 this month experiencing a surge of 6% in the next few weeks. So why are Gold Prices rising rapidly this year in 2024? In this article, we will highlight the most important reason why the precious metal is rising in the charts. Here’s Why Gold Prices Are Rising Source: ShutterStock Gold prices are rising in the charts in April 2024 as the precious metal is being accumulated by Central Banks. The governments of developing countries like China, Russia, and India are rapidly accumulating tonnes of GOLD in their reserves. Al
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