🚨 Ethereum at $6K is likely as key support holds at $2400$
I assert the definition of the mark at $2400-2600$ as the most crucial support level for Ethereum, suggesting potential growth to $6000 as the cryptocurrency retests this key zone.
Ethereum has been in an upward channel trend since July 2023. Recent price action has shown that Ethereum is moving towards the lower boundary of this channel. As of October 30, the cryptocurrency has retested the lower trend line of this channel.
The current price level around $2670 serves as a significant support zone, and a rebound from this point could set the stage for an upward move to the upper boundary estimated around $6000.

😭Billionaire Tesla Elon Musk declares "financial emergency" as the "debt bomb" worth $35.7 trillion prepares Bitcoin price to rise to gold levels
Billionaire Tesla Elon Musk, who surprised traders with a shocking statement of support for Bitcoin this week, has repeatedly warned in recent weeks that the U.S. is teetering on the brink of "bankruptcy".
The price of Bitcoin has surged this year as concerns over the growing $35.7 trillion debt push the price of gold to an all-time high, while the Federal Reserve has found itself caught in a "nightmarish" scenario.
Now Musk, who is working overtime to bring "crypto president" Donald Trump back to the White House, labeled the U.S. government's $1 trillion annual interest payments a "financial emergency" as inflation fears push another legendary investor to buy Bitcoins and gold.

The burning rate of SHIB and daily transactions on Shibarium are rising
Data from the special Shiba Inu burning tracker, Shibburn, shows that this rate has increased by 114.36% over the last 24 hours. This has led to the burning of 9,071,593 SHIB. As a result of this burning rate, a total of 410,731,258,074,742 SHIB has now been destroyed from the original supply.
Similarly, Shibarium Scan shows that the number of daily transactions on the Shiba Inu Layer 2 scalable blockchain has reached 4.75 million.
This figure emerged after Shibarium recorded an extremely low rate of 3,000 at the beginning of October. Amid a growing surge in adoption, this figure reached 4.77 million on Friday. The total number of transactions is around 435,711,744, with 7,549,163 blocks produced and an average block time of five seconds.
These growth trends have the potential to restore SHIB prices. With such values, Shibarium is one of the most utilized L2 blockchains. This reward could attract more users to the network, increasing the use cases for SHIB.
The increase in demand and network activity could lead to a supply deficit, which may trigger price increases.

😡Will Hedera continue its downward trend:
Hedera or HBAR is currently valued at $0.0505, representing a slight decline of 1.2% over the last 24 hours. The current price movements of Hedera suggest a downward price trajectory, as reflected in both the MACD charts and the liquidity charts.
Although the token price has increased by 0.54% over the past seven days, the overall sentiment towards Hedera remains negative, as there is a rise in selling and buying momentum is gradually decreasing.

🔥FTX Payout Set for December 7 After Election, Cryptocurrency Expects Rally
Notably, the cryptocurrency users’ posts were aimed at highlighting the potential inaccuracy of publicly displayed information, especially that derived from prediction markets. For example, a user showed how the displayed data values ​​FTX, which is in bankruptcy, higher than some public companies, including Scholastic Corporation (SCHL), Southern Missouri Bancorp, Inc. (SMBC), Avid Bioservices, Inc. (CDMO), and Horizon Bancorp, Inc. (HBNC).
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Bitcoin on the brink of a potential “golden cross”. Likely scenarios!
If so, the price of Bitcoin could rise above key resistance levels. Traders will be waiting for BTC to decisively break above $70,000, which could pave the way for further gains to $75,000 and beyond.
However, moving average crossovers are often criticized for being a lagging signal that can lure traders to the wrong side of the market.
If this happens, a golden cross could lead to a false breakout, where the price quickly jumps but fails to maintain the upward momentum, eventually leading to a pullback. This outcome could be possible if broader market conditions remain unfavorable.
In some cases, a golden cross can precede a temporary pullback before a rally begins. This can happen if traders take profits in the short term, leading to temporary bearish pressure. However, after the initial drop, the market could regain momentum, sending prices higher.

⬆️ LINK holders are moving tokens off exchanges: are they piling up?
However, on-chain flows from IntoTheBlock show that more holders are moving tokens off leading exchanges like Binance and Coinbase. In a post on X, the analytics platform notes that exchange flow has been negative over the past month, indicating ongoing withdrawals.
Typically, when tokens are moving off exchanges, it can mean that holders are confident about what lies ahead. Since LINK, an ERC-20 token, is supported by many DeFi protocols, this could mean that holders are interested in interacting with these dapps, possibly earning passive income.

🔥 BRICS Summit 2024: China, Russia, Iran Call for Cryptocurrency Payments as Part of De-Dollarization Efforts
At the sixteenth annual BRICS summit in Kazan, Russia, several leading members discussed the role of cryptocurrency in de-dollarization. The presidents of Russia, China, and Iran emphasized the need for new digital platforms.
At the core of these de-dollarization efforts is BRICS Pay, a payment solutions platform based on blockchain technology and central bank digital currencies (CBDCs).

Upbit Lists PEPE, BONK, and BRETT After Only Two Years of Trading History
Meme tokens may be hot, but getting listed on centralized exchanges is still a tricky process. When it comes to Upbit, listing may be a form of testing the token for slightly higher credibility.
As one of South Korea’s leading markets, Upbit could give new assets a boost after listing. However, the market has been relatively conservative in expanding its selection. Upbit still lists hundreds of altcoins and tokens from previous bull markets, but has been cautious even on leading meme tokens.
Upbit listed BONK after demand surged, with trading beginning on October 22. PEPE and BRETT were listed after only two years of trading history, with both beginning trading with USDT pairs on August 21. The tokens were added based on a new requirement from South Korean regulators to complete two years of trading.

2 tokens, Turbo (TURBO) and Goatseus Maximus (GOAT), contributed $360 million, which is more than 60% of the total trading volume of the AI ​​meme coin. Most of the remaining tokens have low liquidity, with 24-hour trading volumes below $1 million. TURBO is a meme coin created by ChatGPT, while GOAT is promoted by the account “Terminal of Truths”, which is believed to be run by AI. The price rise of these tokens reflects the combined interest of the community in AI and meme coins.

🚨Warning!!! Bitcoin is one step away from a successful transition to a new bull market.
"Bitcoin's retest is now in full swing.
BTC is penetrating deeper and deeper into the old resistance area (red) to turn it into new support (green).
May drop to the upper boundary of the channel (black).
Successful retest -> growth resumes."

Terra Classic Shuttle Bridge Sunset Won’t Affect LUNCs Held at Terra Station
The sunset of the shuttle bridge will not affect LUNCs held at Terra Station.
Classy (@ClassyCrypto_) confirmed in a tweet on Thursday that the Terra Luna Classic (LUNC) held at Terra Station will not be affected by the sunset of the shuttle bridge.
Classy confirmed this on Thursday as users speculated that TFL’s latest decision could also affect regular LUNCs or LUNCs held at Terra Station. As reported by The Crypto Basic on the same day, Classy says that will not happen.
“LUNC shuttle bridge sunset only affects Wrapped LUNCs attempting to convert to LUNCs on Terra,” the influencer and network validator tweeted. “It does NOT affect staked LUNCs on Terra Station. No worries if you don’t hold WLUNC.”

Scam? Or a secretly hidden diamond 💎? I'm personally hunting for it 😉

Terra Classic (LUNC) Price Prediction 2031-2050

Looking ahead, the 2031 predictions suggest growth to $0.00077-$0.0011 with an average price of around $0.00097. Continued growth and adaptation to the market environment could lead to higher prices.

Terra Classic (LUNC) Price Prediction 2035

By 2035, the LUNC price could see a significant increase from $0.002 to $0.003, averaging around $0.0025. This long-term growth could be driven by continued community efforts and broader cryptocurrency market maturity.

Terra Classic (LUNC) Price Prediction 2040

There is a potential surge in demand in 2040 as the community size could grow to tens of millions, causing prices to range from $0.00038 to $0.00050, with an average of $0.00042.

Terra Classic (LUNC) Price Prediction 2050

By 2050, despite efforts to further increase prices, LUNC could experience exponential growth, potentially reaching $0.00089. Forecasts suggest it could flirt with removing the extra zero, but could fail, maintaining a price between $0.00061 and $0.00089.

How long do hodlers hold cryptocurrencies before making a transaction?

IntoTheBlock statistics say that BTC is held the longest (4.4 years)

ETH, DOGE and SHIB are held for 2.4 years on average

USDT stablecoin is held for about 8.9 months 🎭

Now I have received from two banks maybe Fiat has outlived its usefulness and crypto will finally surprise US! 🏆🎭🤣 Double your income! Up to 27% per annum on a deposit and up to 360,000₽ from the state for 10 years under the long-term savings program.

Durov gave advice to those who want to "build something great": never drink alcohol

"I haven't had alcohol for almost 20 years, but I've seen many successful people ruin themselves with it. Alcohol clouds your clarity of mind and intuition for several days after drinking.

While it may temporarily lift your mood, it's like taking out a loan - you'll pay it back with interest. Short-term pleasure brings long-term suffering," the head of Telegram wrote.

Will Bitcoin surprise us by breaking 100.000$