Queen_cryptoNews
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Predictions Suggest Ethereum (ETH) Price May Surpass Bitcoin this Week.
In recent times, major institutional investors have been redirecting their attention from Bitcoin to Ethereum (ETH). On Sunday, October 22, 2023, ETH's price reached above $1,645, marking its highest point since the escalation of the Middle East crisis two weeks ago.Data from on-chain sources indicates a surge in buying interest for ETH among US-based crypto whales trading on Coinbase Pro, reaching a 100-day high. Meanwhile, the interest in Bitcoin has somewhat cooled since Thursday.Notably, technical indicators are signaling the potential for ETH's price rally to surpass that of Bitcoin in the upcoming days. This suggests a significant shift in the focus of institutional investors towards Ethereum.Prominent Crypto Investors Shifting Their Attention from Bitcoin (BTC) to Ethereum (ETH). As the Middle East crisis escalated in early October, Ethereum's price, like the broader global crypto market, faced a significant decline. To stimulate a market recovery and protect against the impending economic uncertainties, investors redirected a substantial portion of their capital inflows into Bitcoin (BTC). Consequently, Bitcoin's price swiftly surged by 13% to reclaim the $30,000 mark, outpacing other major altcoins like ETH, XRP, and Litecoin (LTC).However, after a period of industry-wide stabilization and resurgence, notable crypto investors are now exploring opportunities to diversify their portfolios and allocate their BTC gains into the altcoin market. On-chain data sources indicate that Ethereum's price could be one of the prime beneficiaries of this evolving trend.An important metric to watch is the Coinbase Premium Index, which reflects the percentage difference between Ethereum's prices on Binance and Coinbase. This metric holds significance because Binance dominates over 50% of global retail trading volumes, while Coinbase Pro caters to US-based corporate entities and high-net-worth investors seeking a more regulated crypto trading environment.When the Coinbase Premium Index turns green or positive, it signifies that Ethereum's price on the Coinbase exchange has slightly surpassed the prices quoted on Binance. On October 20, this metric reached exceptionally high positive values, reaching a 100-day peak of 0.067%.The last time ETH's price on Coinbase Pro exceeded Binance prices by such a margin was on July 13. During that period, Ripple (XRP) scored a significant legal victory against the SEC, prompting corporate investors to engage in a crypto buying spree. Within 48 hours, ETH's price surged by 6% from $1,830 to $1,940.In contrast, Bitcoin's Premium Index has remained below 0.055% since October 20. This suggests that US-based crypto whales trading on Coinbase Pro have intensified their buying interest in ETH, reaching a 90-day peak, while the enthusiasm for BTC has somewhat waned since Thursday. This shift indicates a growing inclination among major investors to explore opportunities beyond Bitcoin in the altcoin market.The Next Target for Ethereum Price: $1,700.Ethereum (ETH) is presently trading at $1,630, and a daily timeframe technical analysis indicates a growing bullish trend. The immediate resistance level is situated at the Pivot High of $1,751. If the bullish momentum persists, Ethereum might face resistance at this point. A convincing breakthrough above this level could pave the way for further price increases.Should there be a substantial surge in bullish activity, the next higher resistance level is approximately $1,850, a level with historical significance that could potentially trigger a strong bullish rally if breached.With the current upward momentum, Ethereum seems well-positioned for potential gains. However, in the event of an unexpected shift to bearish sentiment, savvy traders may want to monitor the Pivot Low at $1,521 for initial support. Below that, Ethereum could find more robust support around the $1,450 mark, which holds psychological significance in the market.#ETH #BTC #Binance #Queen_cryptoNews
"Anticipating Bitcoin's Pre-Halving Price: Could BTC Reach $50K by Year's End?"
Renowned cryptocurrency analyst Michaël van de Poppe has expressed an optimistic view for Bitcoin, suggesting that the leading cryptocurrency could potentially reach $50,000. Van de Poppe attributes this positive outlook to recent developments in the cryptocurrency market and the potential approval of Exchange-Traded Funds (ETFs).
He highlights the prevailing positive sentiment in the crypto space, which has led to substantial gains in major cryptocurrencies. According to his analysis, Bitcoin's recent surge can be attributed to growing speculation about ETF approval.
In addition, Van de Poppe emphasizes the importance of Bitcoin's price remaining above a certain level to sustain its ongoing bull market. He also suggests that if the cryptocurrency's upward trend continues, there's a chance of experiencing a pre-halving surge, with a price range potentially reaching between $45,000 and $50,000 by January 2024.
Another respected figure in the world of Bitcoin analysis, Satoshi Stacker, shares a similar sentiment. He believes that Bitcoin may experience a rally by the end of the year. Satoshi Stacker points to historical patterns where Bitcoin has shown significant price increases, especially in the early months of the year, leading to substantial gains later on.
While recent years have seen mixed results, including negative returns, Satoshi Stacker highlights that historical data indicates a 71% chance of a year-end rally, maintaining his optimism about Bitcoin's potential to end the year on a positive note.
#Queen_cryptoNews #BTC
Renowned cryptocurrency analyst Michaël van de Poppe has expressed an optimistic view for Bitcoin, suggesting that the leading cryptocurrency could potentially reach $50,000. Van de Poppe attributes this positive outlook to recent developments in the cryptocurrency market and the potential approval of Exchange-Traded Funds (ETFs).
He highlights the prevailing positive sentiment in the crypto space, which has led to substantial gains in major cryptocurrencies. According to his analysis, Bitcoin's recent surge can be attributed to growing speculation about ETF approval.
In addition, Van de Poppe emphasizes the importance of Bitcoin's price remaining above a certain level to sustain its ongoing bull market. He also suggests that if the cryptocurrency's upward trend continues, there's a chance of experiencing a pre-halving surge, with a price range potentially reaching between $45,000 and $50,000 by January 2024.
Another respected figure in the world of Bitcoin analysis, Satoshi Stacker, shares a similar sentiment. He believes that Bitcoin may experience a rally by the end of the year. Satoshi Stacker points to historical patterns where Bitcoin has shown significant price increases, especially in the early months of the year, leading to substantial gains later on.
While recent years have seen mixed results, including negative returns, Satoshi Stacker highlights that historical data indicates a 71% chance of a year-end rally, maintaining his optimism about Bitcoin's potential to end the year on a positive note.
#Queen_cryptoNews #BTC
ELON MUSK âPROJECT OMEGAâ
A few years back in downtown San Francisco, Elon Musk and a group of other wealthy individuals initiated what I'll refer to as "Project Omega." This project is poised to impact various aspects of our lives, and Bank of America has already confirmed its significance.
Regardless of your opinion on Elon Musk, it's undeniable that he's played a pivotal role in transforming the world through ventures like PayPal, Tesla, and SpaceX. However, I firmly believe that "Project Omega" will surpass them all in magnitude. The technology behind this project has the potential to create a new wave of millionaires, billionaires, and quite possibly the world's first trillionaire. But on the flip side, it could also plunge unprepared Americans into financial hardship.
These billionaires have been quietly working on "Project Omega" for seven years, and on November 30, 2022, they activated it. This will have substantial implications for everyone, regardless of your financial situation, location, or occupation.
I'm concerned that those who don't prepare could find themselves trapped in an economic downturn, struggling to catch up. Even Goldman Sachs economists are cautioning that up to 300 million jobs might vanish. An industry expert has gone as far as to say that "Nobody is safe."
Even the CEO behind Elon's project, the person who initiated the switch, has acknowledged that this will reshape society. However, I want you to know that you don't have to end up on the losing side of this transformation.#Binance #BinanceSquare #Queen_cryptoNews
A few years back in downtown San Francisco, Elon Musk and a group of other wealthy individuals initiated what I'll refer to as "Project Omega." This project is poised to impact various aspects of our lives, and Bank of America has already confirmed its significance.
Regardless of your opinion on Elon Musk, it's undeniable that he's played a pivotal role in transforming the world through ventures like PayPal, Tesla, and SpaceX. However, I firmly believe that "Project Omega" will surpass them all in magnitude. The technology behind this project has the potential to create a new wave of millionaires, billionaires, and quite possibly the world's first trillionaire. But on the flip side, it could also plunge unprepared Americans into financial hardship.
These billionaires have been quietly working on "Project Omega" for seven years, and on November 30, 2022, they activated it. This will have substantial implications for everyone, regardless of your financial situation, location, or occupation.
I'm concerned that those who don't prepare could find themselves trapped in an economic downturn, struggling to catch up. Even Goldman Sachs economists are cautioning that up to 300 million jobs might vanish. An industry expert has gone as far as to say that "Nobody is safe."
Even the CEO behind Elon's project, the person who initiated the switch, has acknowledged that this will reshape society. However, I want you to know that you don't have to end up on the losing side of this transformation.#Binance #BinanceSquare #Queen_cryptoNews
"Which three cryptocurrencies priced under $1 should I consider purchasing next week?"
Worry no more đđ Iâm gonna list the coins for youđđœđđœ
đ„POLYGON(MATIC)
Ethereum is well-known for its use in smart contracts, but its popularity has resulted in high transaction fees, or "gas fees." This is where Polygon, represented by MATIC, steps in â it acts as a scaling solution for Ethereum, known as a Layer 2 crypto.
If you're new to the crypto world, think of Layer 2 as a second layer built on top of an existing blockchain. Ethereum is the base Layer 1, while Polygon functions as Layer 2.
Polygon's main goal is to improve the scalability and functionality of Ethereum, making it more efficient. It has gained significant attention, especially in the world of DeFi (Decentralized Finance) platforms. One of its standout features is its ability to process thousands of transactions per second, a significant improvement over Ethereum's capacity, which is around 15 transactions per second.
đ„STELLAR(XLM)
Stellar (XLM) is currently priced at $0.1083, and it has seen a modest increase of 4.8% over the past 48 hours. Yesterday, it reached its peak at $0.1100 but also experienced a low point at $0.1073. In the last 24 hours, there were 58,479,936.00 units of XLM traded, which is equivalent to a trading volume of 6,338,245.41 USDT.
đ„DOGECOIN(DOGE)
Dogecoin (DOGE) is a relatively risky investment, much like many other cryptocurrencies. Unlike some other digital assets, it has limited practical uses.
It's uncertain whether Dogecoin will ever reach its previous peak again. However, purchasing it when its price is low can be a useful short-term strategy to diversify your investment portfolio.
Dogecoin is often seen as the leading and most prominent "meme coin." This means it lacks specific practical applications, and many people buy it with the primary aim of making a profit.
#Binance #BinanceSquare #Queen_cryptoNews $DOGE $ETH $XLM
Worry no more đđ Iâm gonna list the coins for youđđœđđœ
đ„POLYGON(MATIC)
Ethereum is well-known for its use in smart contracts, but its popularity has resulted in high transaction fees, or "gas fees." This is where Polygon, represented by MATIC, steps in â it acts as a scaling solution for Ethereum, known as a Layer 2 crypto.
If you're new to the crypto world, think of Layer 2 as a second layer built on top of an existing blockchain. Ethereum is the base Layer 1, while Polygon functions as Layer 2.
Polygon's main goal is to improve the scalability and functionality of Ethereum, making it more efficient. It has gained significant attention, especially in the world of DeFi (Decentralized Finance) platforms. One of its standout features is its ability to process thousands of transactions per second, a significant improvement over Ethereum's capacity, which is around 15 transactions per second.
đ„STELLAR(XLM)
Stellar (XLM) is currently priced at $0.1083, and it has seen a modest increase of 4.8% over the past 48 hours. Yesterday, it reached its peak at $0.1100 but also experienced a low point at $0.1073. In the last 24 hours, there were 58,479,936.00 units of XLM traded, which is equivalent to a trading volume of 6,338,245.41 USDT.
đ„DOGECOIN(DOGE)
Dogecoin (DOGE) is a relatively risky investment, much like many other cryptocurrencies. Unlike some other digital assets, it has limited practical uses.
It's uncertain whether Dogecoin will ever reach its previous peak again. However, purchasing it when its price is low can be a useful short-term strategy to diversify your investment portfolio.
Dogecoin is often seen as the leading and most prominent "meme coin." This means it lacks specific practical applications, and many people buy it with the primary aim of making a profit.
#Binance #BinanceSquare #Queen_cryptoNews $DOGE $ETH $XLM
đšBREAKING NEWS đš
Queen_cryptoNews todayđ°
:
MARK CUBAN LOST NEARLY $900,000 TO CRYPTO HACKERS
Tech billionaire Mark Cuban recently lost nearly $900,000 worth of crypto to a scam that could happen to any crypto owner.
On Friday, apparent hackers drained Cuban's digital wallet of around $870,000 worth of various types of cryptocurrencies, including various stablecoins, SuperRare and Ethereum Name Service tokens, according to crypto news outlet DL News.
DL News reports that Cuban recently went on MetaMask, an app that allows users to purchase, store and trade digital tokens, for "the first time in months" to check his account on his phone.
However, Cuban says he believes he downloaded a fraudulent version of the popular app that he found in a Google search, according to DL News. Cuban did not respond to CNBC Make It's requests for confirmation and additional comment.
That's an easy mistake to make. MetaMask is one of the most common crypto wallet managers and there are many fake versions of it that cyber thieves create in order to dupe crypto investors, Kenny Estes, founder and CEO of Diffuse Funds, tells CNBC Make It.
"There are versions of it that are malicious and look like MetaMask, but have a Trojan backdoor built into it. So, if you download that wrong version of MetaMask, they can just take all your funds," he says.
And when it comes to crypto, transactions are irreversible. Once those tokens are gone, they're gone for good. That's one reason financial experts advise against putting more money into crypto than you're willing to potentially lose.
Before the hackers made off with more of Cubans digital funds, he says he was able to transfer his remaining virtual assets to Coinbase, per DL News.
đšREMINDER: Yâall investors should to careful and watch (SCAM)
#crypto2023 #topnews #Binance #Queen_cryptoNews
Queen_cryptoNews todayđ°
:
MARK CUBAN LOST NEARLY $900,000 TO CRYPTO HACKERS
Tech billionaire Mark Cuban recently lost nearly $900,000 worth of crypto to a scam that could happen to any crypto owner.
On Friday, apparent hackers drained Cuban's digital wallet of around $870,000 worth of various types of cryptocurrencies, including various stablecoins, SuperRare and Ethereum Name Service tokens, according to crypto news outlet DL News.
DL News reports that Cuban recently went on MetaMask, an app that allows users to purchase, store and trade digital tokens, for "the first time in months" to check his account on his phone.
However, Cuban says he believes he downloaded a fraudulent version of the popular app that he found in a Google search, according to DL News. Cuban did not respond to CNBC Make It's requests for confirmation and additional comment.
That's an easy mistake to make. MetaMask is one of the most common crypto wallet managers and there are many fake versions of it that cyber thieves create in order to dupe crypto investors, Kenny Estes, founder and CEO of Diffuse Funds, tells CNBC Make It.
"There are versions of it that are malicious and look like MetaMask, but have a Trojan backdoor built into it. So, if you download that wrong version of MetaMask, they can just take all your funds," he says.
And when it comes to crypto, transactions are irreversible. Once those tokens are gone, they're gone for good. That's one reason financial experts advise against putting more money into crypto than you're willing to potentially lose.
Before the hackers made off with more of Cubans digital funds, he says he was able to transfer his remaining virtual assets to Coinbase, per DL News.
đšREMINDER: Yâall investors should to careful and watch (SCAM)
#crypto2023 #topnews #Binance #Queen_cryptoNews
âANALYSIS: IMPACT OF ISREALâS CONFLICT ON BITCOIN.
The recent outbreak of conflict between Israel and Hamas has raised concerns about how it might affect the prices of cryptocurrencies, particularly Bitcoin. According to crypto analyst EllioTrades on YouTube, the geopolitical and economic implications of this conflict could have an impact on the crypto market.
The conflict, which involved rocket attacks and ground skirmishes, initially seems like a localized issue in the Middle East. However, EllioTrades argues that it's part of broader tensions between the East and West, which can be traced back to the Cold War between the U.S. and the Soviet Union. The U.S., NATO, and other Western nations are seen as supporting Israel, while Russia and China are backing opposing sides. These conflicts are more than isolated events; they represent proxy wars in the ongoing struggle between global superpowers.
So, how does this relate to Bitcoin? The economic consequences are significant. The U.S. has been grappling with high inflation, making it difficult to use quantitative easing to stimulate the economy. However, military involvement in multiple conflicts could change this by increasing the need for government spending. This leads to the question of whether the U.S. will resort to printing more money to fund these wars. This, in turn, could lead to higher inflation, and Bitcoin, with its fixed supply, becomes an attractive option for those seeking a hedge against inflation.
It's important to note that these connections are complex. In the short term, inflation may have a depressing effect on risk asset prices, including stocks and cryptocurrencies. In any case, the geopolitical instability will likely have an impact on financial markets.
#Binance #cryptocurrency #BTC #Queen_cryptoNews
The recent outbreak of conflict between Israel and Hamas has raised concerns about how it might affect the prices of cryptocurrencies, particularly Bitcoin. According to crypto analyst EllioTrades on YouTube, the geopolitical and economic implications of this conflict could have an impact on the crypto market.
The conflict, which involved rocket attacks and ground skirmishes, initially seems like a localized issue in the Middle East. However, EllioTrades argues that it's part of broader tensions between the East and West, which can be traced back to the Cold War between the U.S. and the Soviet Union. The U.S., NATO, and other Western nations are seen as supporting Israel, while Russia and China are backing opposing sides. These conflicts are more than isolated events; they represent proxy wars in the ongoing struggle between global superpowers.
So, how does this relate to Bitcoin? The economic consequences are significant. The U.S. has been grappling with high inflation, making it difficult to use quantitative easing to stimulate the economy. However, military involvement in multiple conflicts could change this by increasing the need for government spending. This leads to the question of whether the U.S. will resort to printing more money to fund these wars. This, in turn, could lead to higher inflation, and Bitcoin, with its fixed supply, becomes an attractive option for those seeking a hedge against inflation.
It's important to note that these connections are complex. In the short term, inflation may have a depressing effect on risk asset prices, including stocks and cryptocurrencies. In any case, the geopolitical instability will likely have an impact on financial markets.
#Binance #cryptocurrency #BTC #Queen_cryptoNews
ATTENTION!!!!đš
DO YOU WANT TO EARN A DAILY PROFIT WITHOUT INVESTING????
Binance is said to be one of the best crypto exchange platforms. It gives its users the chance to participate in a safe and secure trading experience. Binance offers a wide range of trades along with passive income possibilities. Here are some potential ways to make money without trading.
Refer and Earn:
Please note: This method is the main factor for all the other steps below.
Binance referral program allows its users the possibility to earn 40% of interest when you refer new users. The most important thing is to give a valuable content to people. and Remember people accept to register with your referral link because they want to support you.
Binance Earn:
When you open an account at www.binance.com, you access Binance Earn products that fit new and old usersâ needs. Also, when you follow some simpe rules you receive a 100 USDT bonus on your wallet. This can be used in trading, staking or NFT.
With this bonus you can use one of these products at Binance Earn:
Flexible Savings
BNB Vault
LaunchPool
Fixed Terms
Fixed Savings
Locked Staking
ETH 2.0 Staking
Activities
The full version of the Binance Earn topic is covered in my article. So if you are interested here it is.
Binance P2P:
You can directly trade cryptos with other Binance users on the peer-to-peer marketplace known as Binance P2P. Using your selected payment method and local currency, Binance P2P enables cryptos transactions.
Binance Staking:
Staking is the process of holding your digital assets in your wallet. This will enable you to get benefits in crypto. Staking has been used by new users and helped them to earn money passively.
Buy & Sell NFT Artwork:
I already wrote an article about how to create your own NFTs and how to promote them (FREE & PAID methods). You will find all the titles at the end.
New to trading? Try crypto trading bots or copy trading
Binance Launchpool:
#crypto2023 #Binance #BinanceTournament #Queen_cryptoNews
DO YOU WANT TO EARN A DAILY PROFIT WITHOUT INVESTING????
Binance is said to be one of the best crypto exchange platforms. It gives its users the chance to participate in a safe and secure trading experience. Binance offers a wide range of trades along with passive income possibilities. Here are some potential ways to make money without trading.
Refer and Earn:
Please note: This method is the main factor for all the other steps below.
Binance referral program allows its users the possibility to earn 40% of interest when you refer new users. The most important thing is to give a valuable content to people. and Remember people accept to register with your referral link because they want to support you.
Binance Earn:
When you open an account at www.binance.com, you access Binance Earn products that fit new and old usersâ needs. Also, when you follow some simpe rules you receive a 100 USDT bonus on your wallet. This can be used in trading, staking or NFT.
With this bonus you can use one of these products at Binance Earn:
Flexible Savings
BNB Vault
LaunchPool
Fixed Terms
Fixed Savings
Locked Staking
ETH 2.0 Staking
Activities
The full version of the Binance Earn topic is covered in my article. So if you are interested here it is.
Binance P2P:
You can directly trade cryptos with other Binance users on the peer-to-peer marketplace known as Binance P2P. Using your selected payment method and local currency, Binance P2P enables cryptos transactions.
Binance Staking:
Staking is the process of holding your digital assets in your wallet. This will enable you to get benefits in crypto. Staking has been used by new users and helped them to earn money passively.
Buy & Sell NFT Artwork:
I already wrote an article about how to create your own NFTs and how to promote them (FREE & PAID methods). You will find all the titles at the end.
New to trading? Try crypto trading bots or copy trading
Binance Launchpool:
#crypto2023 #Binance #BinanceTournament #Queen_cryptoNews
