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As we step into the new year, crypto traders are eagerly eyeing the landscape, wondering what opportunities and challenges lie ahead. The year 2023 was marked by significant volatility and regulatory developments, leaving many wondering how the market will evolve in 2024. In this article, we'll delve into the 2024 crypto trading forecast, examining the market outlook, cryptocurrencies to watch, and what traders can expect in the coming months. 2024 Crypto Market Outlook The crypto market in 2023 witnessed both highs and lows. Regulatory uncertainties in various regions caused significant turbulence, leading to sharp price corrections and increased market volatility. Looking ahead to 2024, the crypto market is poised for further evolution. Institutional adoption is expected to continue, with more traditional finance players entering the space.  Regulatory clarity is anticipated to improve gradually, providing a more stable environment for traders. Moreover, technological a

As the Bitcoin halving draws near, the market is experiencing a significant rally, driving the overall Greed score to its peak. Many coins are seeing notable gains, sparking enthusiasm among investors to capitalize on the opportunities presented by the rally. Low-cost tokens have become attractive options for traders seeking cost-effective market entry points.  However, investing in tokens priced under 1 cent requires careful research. Therefore, this article compiles a list of affordable tokens in the crypto market that offer potential returns, emphasizing the importance of thorough Analysis before making investment decisions. 7 Best Cheap Crypto to Buy Now Under 1 Cent Investors are set on uncovering the next major opportunity in the crypto market, especially with a price below 1 cent. This has increased interest in tokens such as Bonk, TUK, and ADA, especially in the ongoing market rally. Meanwhile, bullish bets on Dogecoin have surged to a record $1 billion , with DOGE futures

Feb 29, 2024 at 06:10 // Price Author Coin Idol The price of Polygon (MATIC) is rising as the altcoin attempts to recover from a recent decline. Long-term outlook for the Polygon price: bullish Buyers have pushed MATIC above its moving average lines. The obstacle at $1.05 has slowed the cryptocurrency's price rise. The uptrend has been halted since December 25, 2023. If buyers surpass the recent high, the altcoin will rise and return to its previous highs of $1.20 and $1.50. However, if buyers fail to push the altcoin above the previous high, it will fall

An analyst within the Shiba Inu community recently predicted that the meme coin could push back towards a high of around $0.000022 soon. The call comes even amidst SHIB’s slow activity over the past few weeks. Shiba Inu has struggled below the $0.00001 range reached briefly this month after staging a muted 1% bounce over the last 24 hours. Prices currently hover around $0.000009483 as bears retain control over its recent price action. However, analyst “SHIB Knight” showcased unwavering confidence via X that SHIB has a pivotal breakout brewing based on a reevaluation of charts and patterns. Also read: Cryptocurrency: 3 Coins That Could Surge in March Could SHIB hit $0.000022 soon? The analyst highlighted how the current price area has capped SHIB dynamically since August 2022, preventing sustained rallies. However, upon reviewing weekly timeframe data, a tightening price structure looks to have formed, with SHIB carving out regular higher lows. This appeals to the an

VET’s price climbed by 5.65% after VeChain showed signs of a major announcement on X. VET could test the $0.060 psychological resistance if bulls hold the support at $0.047. Decreasing money flow might trigger a retracement to $0.040. On February 27, Layer 1 smart contract blockchain VeChain (VET) posted that it could soon disclose an update that would improve blockchain development in the ecosystem. Although VeChain did not share details, the post indicated that VeChain could be working on improving its adoption through the VeChainThor model. VeChainThor's approach prioritizes meticulous blockchain development, laying the foundation for the business ecosystems of tomorrow. Learn more about its capabilities: https://t.co/C2npJxT4RW — vechain (@vechainofficial) February 27, 2024 For the unfamiliar, VeChainThor could enhance security and scalability for the project. Following the post, VET’S price increased. One hour before this writing, VET’s price w

OnFinality supports Commune AI with Performant RPCs. OnFinality, a provider of multi-chain infrastructure, reveals its backing for Commune AI, a protocol designed to unify all developer tools within a single network. “We are fortunate to have the opportunity to support such an exciting ecosystem as Commune AI from the very beginning. Looking forward to what’s to come!” — Daniel Vulinovich, Product Manager at OnFinality The OnFinality platform will offer accessible, dependable, and scalable API endpoints for developers to swiftly and effortlessly deploy and operate their dApps on Commune AI! What does Commune AI ($COMAI) entail? Decentralized Permissionless Composable Collaborative Incentivized Adaptable Open-Source Untrademarked Commune is a protocol designed to unify all developer tools within a single network, promoting a more collaborative, adaptable, and transparent economy. Embracing an inclusive design approach, it thrives on being extremely open-minded. This approach allows dev

OKX TR offers Turkish Lira fiat on-ramp capabilities as well as direct bank deposits and withdrawals. The exchange will list major crypto trading pairs, including BTC/TRY, USTD/TRY and ETH/TRY. OKX announced plans for a Turkish unit in May 2023. OKX has announced that its crypto exchange in Türkiye, OKX TR has officially opened. The new exchange will be the gateway to the crypto ecosystem, including decentralized finance (DeFi) for Turkish users, the OKX team said in a news release. OKX TR partners with local banks According to the exchange’s announcement, OKX TR brings localized Crypto trading and user experience to its users in Tü rkiye . While getting banking partners for crypto platforms have been tricky in several jurisdictions amid regulatory restrictions, OKX says its local Turkiye unit will boast multiple banking partners. These will help it extend t he Turkish Lira as a fiat on-ramp. Per the platform, users have access to direct deposits and wit

In the ever-evolving world of cryptocurrencies, significant developments often shape the landscape, influencing investor sentiments and market dynamics. Recent events involving Polygon ’s MATIC token unlock and the emergence of Rebel Satoshi ($RBLZ) as a Pepe competitor have garnered just that sort of attention.  MATIC Unlock: A Milestone Achievement Polygon (MATIC), a prominent layer 2 scaling solution for Ethereum, recently achieved a significant milestone with its token unlock process. Etherscan data revealed the transfer of over 273 million MATIC tokens from the Polygon vesting contract to the Foundation, amounting to approximately $263 million. This transfer marked the final token unlock, signifying MATIC’s full circulation in the market. Implications of MATIC Unlock Completing MATIC’s token unlock process has profound implications for its price trend and market dynamics. Despite the significant transfer, the immediate market reaction to the unlock was

Solana , Ripple , and Cardano are making a solid comeback as crypto market momentum turns bullish.  With the current BTC ETF wave, the crypto market seems to be buzzing with positive indicators, pushing leading crypto coins to touch new all-time highs.  Among other leading crypto coins, Solana, XRP, and Cardano seem to have recently acquired significant momentum. Here’s why these three altcoins are rising to new highs.  Also Read: Ripple XRP: How To Be a Millionaire if XRP Reclaims $3.40 Peak? Solana to break its $150 threshold? Source: BrightNode Solana has lately been grabbing the central spotlight by forging alliances with leading market players like Filecoin. SOL spearheaded the month with significant gains, starting with reclaiming its lost market cap statistics.  The crypto market has surged more than 14% in the last two weeks. The latest surge has compelled market analysts to hope that crypto will soon cross the ambitious $150 mark.  At press time, the SO

Launched today on Uniswap decentralized exchange, Frog Wif Hat Token ($FWIF) is set to outrun Dogwifhat to be the next meme coin to blow up the crypto internet. The price of $FWIF has pumped 226% in minutes and you can get in on the price action by grabbing the contract address (0xd298fe9fa71ad553e35997b19af19fb435038521) and heading over to Uniswap to trade. Frog Wif Hat Token is an ETH meme coin but it will be bridging to Solana as part of the second phase of the roadmap. To facilitate its move to a multichain structure the project is making use of portalbridge.com. A flurry of recent Solana meme coins debutants has helped make the Solana blockchain one of the busiest out there, as the likes of Smog (which exploded in value 40x at its peak) and MYRO and BONK join Dogwifhat to attract the attention of alpha-hungry crypto traders. Are Dogwifhat And Bonk Founders Behind Frogwifhat? A perusal of the frogwifhattoken.com website shows tha

The Bitcoin price dropped by a fraction of a percentage in the last 24 hours to trade at $51,515 as of 00:19 a.m. EST on trading volume that plunged 13% to $14 billion. This comes after Ki Young Ju, CEO of CryptoQuant, revealed that there is a notable surge in Bitcoin accumulation among superholders. This indicates a strategic move preceding the cryptocurrency’s price surges. #Bitcoin inflows into accumulation addresses have reached an all-time high of 25.3K $BTC.https://t.co/HrkV3TUGJT pic.twitter.com/FSLUHNlVCZ — Ki Young Ju (@ki_young_ju) February 21, 2024 Bitcoin has surged 23% in the last month, with Bitcoin inflows into accumulation addresses reaching an unprecedented high of 25,300 BTC and still growing. These addresses have no outgoing transactions, have a balance exceeding 10 BTC, and exclude accounts associated with centralized exchanges. As Bitcoin investors continue to accumulate BTC, will its prices soar? Bitcoin Price Is Consolidating, Aims to Break Out BTCUSD C

The US Energy Information Administration (EIA) has decided to suspend its survey of crypto miners’ energy consumption temporarily. The decision comes following Riot Platforms and the Texas Blockchain Council’s lawsuit against the department’s scrutiny. The court ordered EIA to temporarily suspend the probe, claiming the move to be arbitrary and capricious. The US Energy Information Administration (EIA), a statistical wing of the Department of Energy, has agreed to suspend its investigation into crypto miners’ energy consumption temporarily. The decision followed a lawsuit filed by Riot Platforms and the Texas Blockchain Council against the department’s scrutiny. EIA will not enforce any requirement to file Form EIA-862 nor seek or impose any fines, penalties, or other adverse consequences based on a failure to respond to the survey through March 22, 2024. — EIA (@EIAgov) February 23, 2024  EIA announced the department’s decision to suspend the survey via an X

Former US President Donald Trump has startled many with his recent remarks signaling a change in his stance on Bitcoin. Once a vocal critic of digital currencies, Trump now appears open to the idea of embracing Bitcoin, albeit with certain conditions. Speaking at a town hall event in South Carolina, Trump acknowledged the increasing popularity of Bitcoin, indicating that it has gained significant traction in recent times. This departure from his previous anti-Bitcoin rhetoric has stirred reactions within both political and crypto currency circles. JUST IN: 🇺🇸 President Donald Trump says many people are embracing #Bitcoin & wanting to pay with it. "You're seeing something that's interesting, I can live with it." pic.twitter.com/WUl1PjdstY — Watcher.Guru (@WatcherGuru) February 23, 2024 Also Read: Donald Trump Says He Will Fire FED Chair Powell if Elected in 2024 A Nuanced Perspective When questioned about his stance on Bitcoin, Trump provided a n

The Bitcoin price dropped by a fraction of a percentage in the last 24 hours to trade at $51,136 as of 05:58 a.m. EST on trading volume that plunged 14% to $23 billion. This comes as two officials of the European Central Bank (ECB), Ulrich Bindseil and Jürgen Schaaf, say that Bitcoin is not a valuable financial asset, with its fair value at zero. Their sentiments come despite the U.S. approving the spot BTC ETFs (exchange-traded funds). A digital euro will be designed for making payments, not for investment, explain Ulrich Bindseil, Jürgen Schaaf and Executive Board member Piero Cipollone. Fears of bank customers moving large deposits from banks into the digital euro are outdated. pic.twitter.com/Wu8xHLuoVk — European Central Bank (@ecb) February 19, 2024 The ECB officials state that the decision by the U.S. Securities and Exchange Commission (SEC) does not change the idea that BTC is not a suitable means of payment or investment. However, BitMEX founder Arthur Hayes believes t