Kategorie: Bitcoin News

Bitcoin news about the Bitcoin (BTC) blockchain and its crypto ecosystem.

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Bitcoin may hit $50,000 before halving, will Everlodge and Shiba Inu follow suit?

The cryptocurrency market is rife with anticipation and excitement as the community gears up for the next Bitcoin (BTC) halving event. 

While the flagship cryptocurrency continues to set the tone for the market, other tokens like Shiba Inu (SHIB) and Everlodge (ELDG) are poised to join the party. 

This article will explore the factors driving Bitcoin towards a potential $50,000 milestone before its halving and how this upward momentum could positively impact SHIB and ELDG.

Bitcoin (BTC) preparing for a remarkable surge

Bitcoin (BTC) is no stranger to price surges. Recently, prominent crypto analyst Michaël van de Poppe has sparked anticipation by suggesting that Bitcoin could surge to $50,000 before its next halving event. 

This optimism is fueled by bullish indicators, including Bitcoin’s rising network activity. Notably, over 700,000 new addresses joined the Bitcoin network on November 4, as reported by crypto analyst Ali Martinez. 

Not only that, the Bitcoin price even reached $35,902 on November 2 – a level not seen since May 2022. The next Bitcoin halving event, which will occur in April 2024, is historically associated with significant price surges, further contributing to the positive sentiment in the crypto space.

Shiba Inu (SHIB) riding its coattails

When Bitcoin experiences a significant price surge, it tends to trigger positive sentiment across the entire crypto market, including Shiba Inu (SHIB). The rise in Bitcoin’s price could propel Shiba Inu to higher levels as investors seek opportunities beyond the leading cryptocurrency.

In recent Shiba Inu news, the project revealed “The Shib Magazine.” This magazine will offer insights into finance and beyond, demonstrating the project’s commitment to expanding its presence and providing valuable content to its community. 

Due to all these reasons, experts predict that the Shiba Inu coin price could experience significant growth. They foresee its value reaching $0.00001620 before the BTC halving event within Q2 of 2024.

Everlodge (ELDG): a hidden gem to watch

Everlodge (ELDG) will be a unique blockchain-based project to revolutionize the real estate market. With its innovative approach to property ownership and passive income generation, ELDG has the potential to attract a wide range of investors. As Bitcoin’s price soars, the increased interest in the market can lead to greater visibility for hidden gems like ELDG.

This upcoming property marketplace will digitize and mint real-world properties into NFTs, subsequently fractionalizing them to allow investors access to the global real estate market (valued at over $280T). As these properties appreciate, so do the NFTs associated with them, providing an opportunity for users to benefit from property value growth.

Furthermore, Everlodge’s Rewards Club offers an additional avenue for passive income. Members can earn free nightly stays across the platform’s properties, similar to timeshare arrangements, with the option to resell these stays, generating a continuous source of passive income.

But the Club will only be accessible to holders of ELDG native tokens. One ELDG token costs just $0.023 in Stage 6 of its presale. But, demand is high as millions of tokens have been sold already. Additionally, unlike Bitcoin and Shiba Inu – ELDG has a low market cap, meaning it will surge faster. Thus, experts predict a rise to $0.038 before its presale ends. 

For more information about the Everlodge (ELDG) presale, you can visit their website here.

The post Bitcoin may hit $50,000 before halving, will Everlodge and Shiba Inu follow suit? appeared first on CoinJournal.

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Morgan Stanley bullish on Bitcoin halving; Shiba Inu, BNB, and this new token could soar

Morgan Stanley, a big investment bank, has just stated that the upcoming Bitcoin (BTC) halving will likely trigger a fresh bull market in 2024. 

This means that the price of Bitcoin could go up significantly and so will other altcoins. Altcoins that could benefit from this rally include Shiba Inu, BNB, and Everlodge.

Everlodge the first web3 marketplace for real estate trade

Shiha Inu and BNB crypto are not the only tokens that can benefit from the Bitcoin halving. One new token that analysts believe will see more gains in 2024 is the Everlodge token, ELDG. Why? You might ask. Global tourism has been growing since the end of the Covid-19 lockdown. 

Because investing in real estate requires a significant amount of money upfront, only a few wealthy individuals have joined the industry. Everlodge is here to assist and promises to make property investment simpler. They’ve harnessed blockchain technology to turn real estate into NFTs, which can be split into smaller parts. 

Just so you know, anyone can buy these NFTs for as little as $100. Furthermore, the value of these NFTs rises as the properties appreciate. Additionally, these NFTs have more value than regular ones. During this time, the value of its token, ELDG, surged by more than 100%, going from $0.01 to $0.23.

Everlodge’s price is expected to continue increasing as the presale proceeds. 

For more information about the Everlodge (ELDG) Presale you can visit their website or join their community here.

Shiba Inu moves towards self-custody of assets

The Shiba Inu (SHIB) team is working on a new feature to allow SHIB coin holders to manage their identity. A Shiba Inu developer, Kaaldhairya, mentioned the news in a comment on October 28th. He talked about a digital ID system for SHIB coin holders. 

Meanwhile, Shiba Inu developers haven’t shared all the details yet. However, they are counting down 72 hours to the big reveal on October 31st. This new feature, called Self-Sovereign Identity (SSI), is expected to make SHIB more decentralized and make the Shiba Inu ecosystem stronger.

Also, this would attract more investors and affect Shiba Inu’s price in the long term. The Shiba Inu coin price crossed the $0.00000803 level in October. Analysts have noted that Shiba Inu’s value will rise to $0.00003360 in 2024.

BNBChain launches multi-signature wallet service

BNBChain has introduced a new wallet service called BNB SafeWallet. This wallet uses the Gnosis Safe protocol and works on both the Binance Smart Chain and opBNB. According to BNBChain’s blog post, this launch is a big step in making the BSC network more secure. 

Besides, the BNBChain Safe multi-signature wallet service offers users a safe place to store their digital assets. BNBChain’s native token, Binance Coin has seen huge gains lately. It has broken out of its consolidation phase and increased to $229.25 on October 30th.

Currently, analysts have looked at the BNB token. They have forecasted that BNB price will increase to $310 in 2024, soaring on Bitcoin’s halving event. Given the bullish predictions, investors are now looking for where to buy BNB.

The post Morgan Stanley bullish on Bitcoin halving; Shiba Inu, BNB, and this new token could soar appeared first on CoinJournal.

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Everlodge on the rise: can it match Bitcoin and Ethereum’s growth?

In the rapidly evolving realm of cryptocurrencies, a new player is making waves: Everlodge (ELDG). This burgeoning contender is in its presale phase, yet showing potential to challenge the dominance of established giants like Bitcoin (BTC) and Ethereum (ETH).

This article delves into Everlodge’s remarkable ascent, exploring whether it has what it takes to rival the market leaders’ supremacy.

Everlodge’s innovative approach to luxury investment

Everlodge is setting a new trend in the luxury real estate arena, making it possible for the average person to hold stakes in luxurious vacation properties starting at just $100. By leveraging the power of NFTs, each representing a share of a property, they are dismantling the longstanding barriers to elite real estate ventures.

All necessary legal and ownership details are carefully encrypted into the metadata of a strong smart contract. The resulting digital tokens are then segmented to allow interested investors to participate in prime real estate opportunities without spending a fortune.

But there’s more. Everlodge isn’t just a marketplace; it doubles as a launchpad for budding property developers. They can tap into the community, sourcing funds for their ambitious projects. It’s a symbiotic setup – developers get the required capital, and users get a shot at lucrative early-bird opportunities.

ELDG is the primary currency in the Everlodge world. It serves as the platform’s heartbeat. Holding onto ELDG tokens offers a range of benefits, such as trading discounts and reduced maintenance charges. Token staking provides an opportunity to earn a consistent monthly yield, enabling passive income.

The buzz is real. Currently, ELDG tokens are up for grabs at just $0.23 each in the sixth phase of the presale. This rate isn’t here to stay, as it is set to keep rising as more people jump on board.

Once the presale ends, ELDG will debut in tier-one exchanges, potentially catapulting its value. Market whispers hint at a colossal 30x surge post the token’s debut on leading exchanges.

For more information about the Everlodge (ELDG) Presale you can visit their website or join their community here.

Evaluating recent Bitcoin (BTC) price movements

Bitcoin’s journey has been nothing short of a rollercoaster lately. After a promising kick-off to the year, the cryptocurrency took a surprising dip in mid-August, plummeting from $30k to a worrying sub-$25k. The price has since rebounded to the current price of $26.3K.

So, what’s causing Bitcoin’s fall from grace? The prevailing sentiment is a thirst for fresh liquidity in the Bitcoin market. The buzz surrounding a potential Blackrock ETF did give Bitcoin a short-lived 20% boost, but the uncertainty around the SEC’s verdict has left the market in a lull.

All eyes are now on the anticipated Bitcoin halving in 2024. Historically, such events have revitalized Bitcoin’s momentum, but the crypto realm remains inherently unpredictable. The consensus is growing that Bitcoin’s resurgence is tied to the approval of the Blackrock Bitcoin ETF.

With whispers suggesting that an ETF decision might be pushed to 2024, several Bitcoin enthusiasts are exploring other opportunities. Many are gravitating toward the Everlodge presale, eager to secure tokens while they’re still affordable.

Ethereum (ETH): price resistances and network activities

Ethereum remains a powerhouse within the DeFi arena, boasting an impressive Total Value Locked (TVL) that exceeds $20 billion across various platforms. Its foundational crypto role and robust developer resources underscore its sustained relevance.

The allure of Ethereum isn’t limited to individual investors; institutional powerhouses are increasingly swayed by its capabilities, especially in the realm of smart contract development.

A buzz surrounds the potential unveiling of an Ethereum-centric ETF by Blackrock, which, if realized, would catapult Ethereum into the portfolios of a broader spectrum of investors, promising significant growth.

However, price-wise, Ethereum is wrestling with challenges. The resistance level within the $2,000 to $2,100 bracket has proven formidable. A recent slip saw Ethereum’s price spiralling downwards by 15% in just one day.

Coupled with this price dip, a drop in network activity and fears of substantial sell-offs have shadowed uncertainty over Ethereum’s trajectory. This sentiment is underscored by a staggering 50% drop in Ethereum’s TVL since its 2023 peak of $32 billion in April.

Amidst this backdrop, Ethereum holders are looking over their shoulders at Everlodge, a nascent blockchain project whose potential challenges Ethereum’s dominance. While Ethereum competes in a highly competitive atmosphere with other layer-1 platforms, Everlodge offers a unique product in the $280 trillion real estate market.

The post Everlodge on the rise: can it match Bitcoin and Ethereum’s growth? appeared first on CoinJournal.

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Bitcoin Offers Hope Along with These Undervalued Altcoins

TLDR

  • Bitcoin’s track record and exciting future developments offer investors hope.

  • Solana and NuggetRush are undervalued cryptocurrencies to consider for investment.

  • NuggetRush is a promising ICO project, expected to increase by 100% during its presale phase and by 2,000% after launch.

Bitcoin (BTC) is often used interchangeably with cryptocurrency. This is because it is the first crypto in the world. However, since its inception, several other cryptocurrencies have been launched. Recently, investors have been turning their attention to competitive tokens like Solana (SOL) and NuggetRush (NUGX). These coins are way cheaper than Bitcoin and have significant growth potential.

NuggetRush (NUGX): A promising player

NuggetRush (NUGX) is a new player in the crypto space. It is currently in its ICO (initial coin offering) stage, round one. However, it has significant growth potential, resulting in a frenzy in its ongoing presale. The token’s price is presently just $0.01, which is competitive and has substantial growth potential.

While the project is in its early stages, the presale is expected to see its price increase by 100% before its launch. As a result, early adopters are likely to enjoy significant profits when the tokens go live. Moreover, after its launch, analysts predict it could do another 2,000% increase. This outlook is one of the reasons it is seen as a good crypto to buy.

Further, NuggetRush is a project with potential thanks to its unique approach. As a P2E meme coin, investors will become part of a strong community. That isn’t all; as a gaming platform, players will have fun playing its exciting gold-mining game. 

Also, token holders will earn rewards, which will be a source of passive income.

>> Buy NuggetRush Now <<

Bitcoin (BTC): The pioneering cryptocurrency

Bitcoin (BTC) is the first cryptocurrency, hence the best crypto to buy. Since its launch in 2019, it has shown remarkable strength as it rides the volatility wave of the crypto market. Hence, Bitcoin is a great store of value.

Although it has considerably declined from its peak, it is gearing up to skyrocket, which several factors will contribute to. The first is the Bitcoin halving event, which is expected to occur in April 2024. In the history of Bitcoin, its halving has always been followed by a rise in its value, and the next one will not be an exception. Hence, investors can be seen purchasing BTC.

Furthermore, the approval of the first spot Bitcoin ETF by the US Securities and Exchange Commission (SEC) will contribute to the increase in its price. Presently, it is the best cryptocurrency to invest in now.

Solana (SOL): A leading crypto and blockchain

Solana (SOL) is a top cryptocurrency and blockchain platform. It offers decentralized finance (DeFi) solutions. In other words, it was designed to build decentralized applications (dApps). Its competitive edge in the blockchain landscape is its scalability. 

To achieve this, it combines a proof-of-history (PoH) consensus mechanism with a proof-of-stake (PoS), thereby creating a hybrid consensus model.

As a top ten cryptocurrency, Solana continues to make waves not only in the blockchain scene but also in the crypto market. Recently, it has shown strength and gained traction in the market. These highlight its growth potential as well as its profit.

In addition to the above, its current price is competitive. Moreover, it has also declined by over 90% from its all-time high, leaving more room for growth. As a result, investors have been flocking to the token to enjoy huge gains.

Conclusion

Bitcoin offers hope and stability in the turbulent crypto market, along with Solana and NuggetRush. These underpriced altcoins hold significant potential, positioning them as the best cryptos to buy now. Consequently, it comes as little surprise that there has been a massive accumulation of these tokens.

Visit NuggetRush Presale Website.

The post Bitcoin Offers Hope Along with These Undervalued Altcoins appeared first on CoinJournal.

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Bitcoin hints at sell signal after hitting 3-month high

  • Bitcoin price hit $30,369 on Saturday, its highest level since July.
  • While bulls could push higher in coming weeks, the immediate outlook suggests a bearish flip.
  • Crypto analyst Ali points to the TD Sequential indicator as hinting at a sell signal.

Bitcoin price rose to its highest level since July when it broke above $30k to reach highs of $30,369 on Saturday. BTC is indeed looking for its fourth-biggest weekly gains year-to-date.

However, although the benchmark crypto trading around $29,950 at the time of writing, an analyst says further retreat is possible given the potential for a key bearish signal.On the upside, market observers see a flip and weekly candle close above $31k as what bulls need to take control of the prevailing volatility.

BTC price shows sell signal

According to crypto analyst Ali, the potential for a head-and-shoulders pattern for BTC on the daily chart has received greater attention across the market. And in a chart shared on X on October 22, the analyst points to the possibility of the scenario unfolding given a key bearish signal – the TD Sequential indicator.

Other than the sell signal hinted at after BTC price rose over the past several days, the overextended outlook is added to by the daily RSI that has previously triggered notable pullbacks.

“The $BTC daily chart hints at a possible sell signal emerging tomorrow, based on the TD Sequential indicator flashing a green 9 candlestick. Not to mention, the RSI reached 74.21 — a level triggering sharp corrections since March,” Ali wrote on X.

Based on this outlook, the analyst noted:

“An impending price correction appears to be on the horizon unless #BTC manages to clock a daily candlestick close above $31,560.”

A flip lower from the current resistance zone, and confirmation of the H&S pattern could mean a retest of immediate support around $28,492. A slight sell-off could also reignite the bearish target of $25k. 

The flipside could be catalysed by positive ETF news, with buyers targeting a run to the $40k area.

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