Crypto Bull Run Expected After 2023 - JP Morgan
The Crypto Market Has Taken a pause From the recent Sell-off due to unfavorable macroeconomic conditions
JP Morgan believes that the bottom for risk assets and the stock market is very near. Global Head at JP Morgan, Marko Kolanovic, reveals that he is bullish on the market.
Marko does believe that the Fed will continue with its hawkish stance. According to him, the Fed will decide on a 75 bps interest rate hike at tomorrow’s FOMC meeting.
He also predicts that Fed will start cutting interest rates early in 2023 which will backstop the equity market. He reveals that a strong rally can be expected thereafter.
The Crypto Market Has Taken a pause From the recent Sell-off due to unfavorable macroeconomic conditions
JP Morgan believes that the bottom for risk assets and the stock market is very near. Global Head at JP Morgan, Marko Kolanovic, reveals that he is bullish on the market.
Marko does believe that the Fed will continue with its hawkish stance. According to him, the Fed will decide on a 75 bps interest rate hike at tomorrow’s FOMC meeting.
He also predicts that Fed will start cutting interest rates early in 2023 which will backstop the equity market. He reveals that a strong rally can be expected thereafter.
🚀 Who became #bitcoin's first billionaires? What’s the secret to the success of their bitcoin venture?
► They are famous for suing Mark Zuckerberg, the founder of Facebook, and received $65 mn as a settlement.
► Did you guess them? They are Cameron and Tyler Winklevoss, Co-Founders of #Gemini, the 11th largest crypto exchange used by 13.6 mn users.
► Born on August 21, 1981, in New York, and completed their MBA in 2010 from Oxford University.
► Initially, they co-founded ConnectU, a social networking website, and Guest of a Guest, a digital media company.
► The twins also founded Winklevoss Capital Management, and WinkDex, and nearly 100 enterprises benefited from Winklevoss Capital's investments.
► On Mar 10, 2021, they invested when Belliwelli raised $1 mn through a seed round.
🔗 Read More: https://www.linkedin.com/feed/update/urn:li:activity:6977974946425704448
► They are famous for suing Mark Zuckerberg, the founder of Facebook, and received $65 mn as a settlement.
► Did you guess them? They are Cameron and Tyler Winklevoss, Co-Founders of #Gemini, the 11th largest crypto exchange used by 13.6 mn users.
► Born on August 21, 1981, in New York, and completed their MBA in 2010 from Oxford University.
► Initially, they co-founded ConnectU, a social networking website, and Guest of a Guest, a digital media company.
► The twins also founded Winklevoss Capital Management, and WinkDex, and nearly 100 enterprises benefited from Winklevoss Capital's investments.
► On Mar 10, 2021, they invested when Belliwelli raised $1 mn through a seed round.
🔗 Read More: https://www.linkedin.com/feed/update/urn:li:activity:6977974946425704448
Cardano (ADA) Price To Hit $1 With Vasil Hard Fork, Claims Popular Analyst
The crypto market witnessed two major events in 2022- the Ethereum Merge and Cardano’s Vasil Hardfork. On September 15, Ethereum successfully completed its merge which transformed the network from proof-of-work (PoW) to proof-of-stake (PoS). Now, all eyes are on Cardano’s upgrade which is focused on sustainability.
Meanwhile, a well-known crypto analyst and trader is of the opinion that Cardano’s (ADA) price action and the project’s fundamentals have a lot of differences.
Read more : https://coinpedia.org/altcoin/cardano-ada-price-to-hit-1-with-vasil-hard-fork-claims-popular-analyst/
The crypto market witnessed two major events in 2022- the Ethereum Merge and Cardano’s Vasil Hardfork. On September 15, Ethereum successfully completed its merge which transformed the network from proof-of-work (PoW) to proof-of-stake (PoS). Now, all eyes are on Cardano’s upgrade which is focused on sustainability.
Meanwhile, a well-known crypto analyst and trader is of the opinion that Cardano’s (ADA) price action and the project’s fundamentals have a lot of differences.
Read more : https://coinpedia.org/altcoin/cardano-ada-price-to-hit-1-with-vasil-hard-fork-claims-popular-analyst/
Realistic Bitcoin (BTC) Bottom Forecast - Jason Pizzino
Popular Crypto Analyst Jason Pizzino is predicting a final capitulation phase for Bitcoin (BTC) before the king crypto could realistically bottom out.
As per analyst, Bitcoin has failed to follow through on a classic bottom pattern and now looks poised to print a new bear market low.
Overall, Jason believes the Bitcoin correction will not be as drastic as we saw in January to June of this year.
Popular Crypto Analyst Jason Pizzino is predicting a final capitulation phase for Bitcoin (BTC) before the king crypto could realistically bottom out.
As per analyst, Bitcoin has failed to follow through on a classic bottom pattern and now looks poised to print a new bear market low.
Overall, Jason believes the Bitcoin correction will not be as drastic as we saw in January to June of this year.
Arbitrage is one alternative investment strategy that can prove exceptionally profitable when leveraged by a sophisticated investor. It also carries risks you must consider.
To effectively include arbitrage in your alternative investment strategy, it’s critical to understand the nuances and risks involved.
To effectively include arbitrage in your alternative investment strategy, it’s critical to understand the nuances and risks involved.
🚀 Who uses #Trust Wallet? Do you know, it’s one of the most popular software #crypto wallets used by 25 million users?
🔸 Founded by Maxim Rasputin in November 2017 and on Jul 31, 2018, it was acquired by Binance.
🔸 Users can trade & store digital assets, #NFTS, and access #Dapps, & DeFi platforms.
🔸 #TWT is the native token of Trust Wallet, which was also one of the first tokens to launch on the Binance Smart Chain.
🔸 Has a max total supply of 1 bn TWT tokens and a circulating supply of 416. 64 mn.
🔸 Trust wallet’s offerings include Staking, Earn, NFTS, Dapp Browser, the mobile app, and a crypto wallet.
🔸 Made partnerships with Tech giant Meta, Binance Connect, and more.
🔗 Read More : https://www.linkedin.com/feed/update/urn:li:activity:6978337418550669313
🔸 Founded by Maxim Rasputin in November 2017 and on Jul 31, 2018, it was acquired by Binance.
🔸 Users can trade & store digital assets, #NFTS, and access #Dapps, & DeFi platforms.
🔸 #TWT is the native token of Trust Wallet, which was also one of the first tokens to launch on the Binance Smart Chain.
🔸 Has a max total supply of 1 bn TWT tokens and a circulating supply of 416. 64 mn.
🔸 Trust wallet’s offerings include Staking, Earn, NFTS, Dapp Browser, the mobile app, and a crypto wallet.
🔸 Made partnerships with Tech giant Meta, Binance Connect, and more.
🔗 Read More : https://www.linkedin.com/feed/update/urn:li:activity:6978337418550669313
Here’s How FED’s Interest Hikes Affecting Crypto And Other Market?
The Federal Reserve has played a major role in the crypto market correction this year starting with March when the Fed increases the 25bps interest rate after inflation rose to 8.5%. Next, the Fed again decided to hike the interest rate by 75bps in June and July after which Bitcoin crashed drastically leading to the market crash.
At the time of reporting, Bitcoin is selling at $18,679 with a drop of 1.76% over the last 24hrs.
Read More: https://coinpedia.org/news/heres-how-feds-interest-hikes-affecting-crypto-and-other-market/
The Federal Reserve has played a major role in the crypto market correction this year starting with March when the Fed increases the 25bps interest rate after inflation rose to 8.5%. Next, the Fed again decided to hike the interest rate by 75bps in June and July after which Bitcoin crashed drastically leading to the market crash.
At the time of reporting, Bitcoin is selling at $18,679 with a drop of 1.76% over the last 24hrs.
Read More: https://coinpedia.org/news/heres-how-feds-interest-hikes-affecting-crypto-and-other-market/
The Countdown to the Vasil Hard Fork Begins!
#Cardano is set to undergo its much anticipated Vasil hardfork over a period of five days, starting on September 22.
Cardano team noted all three “critical mass indicators” needed to trigger the upgrade are now met.
The Hard Fork will significantly impact the network’s transaction fees and mining rewards, and also affect the speed of transactions while improving the scalability of Decentralised Applications (#DApps).
Input Output Global listed several exchanges that confirmed their readiness for Cardano’s Vasil hard fork.
Top Cardano dApps have tested and are ready for the update, over 98% of mainnet blocks are being created by the Vasil node.
#Cardano is set to undergo its much anticipated Vasil hardfork over a period of five days, starting on September 22.
Cardano team noted all three “critical mass indicators” needed to trigger the upgrade are now met.
The Hard Fork will significantly impact the network’s transaction fees and mining rewards, and also affect the speed of transactions while improving the scalability of Decentralised Applications (#DApps).
Input Output Global listed several exchanges that confirmed their readiness for Cardano’s Vasil hard fork.
Top Cardano dApps have tested and are ready for the update, over 98% of mainnet blocks are being created by the Vasil node.
🚀 Have you ever thought? It took more than 8 years for Jed McCaleb to get rid of his 9 bn #XRP!
🔸 Do you know who is Jed McCaleb? What made him take this step?
🔸 Jed is an early pioneer in the #blockchain space who is the Co-founder of Stellar Development Foundation building real-world blockchain solutions.
🔸 He is the Founder of Vast and Astera Institute, and also an Advisor to Machine Intelligence Research Institutes.
🔸 He created eDonkey, one of the leading file-sharing networks of its time, as well as Mt. Gox, one of the first #bitcoin exchanges.
🔸 Born in Fayetteville, US, in 1975 and studied at the University of California, Berkeley.
🔸 As of Sep 2022, Jed has a net worth of $2.5 bn and is ranked #1238 on Forbes World’s Billionaires List 2022.
🔸 He made 5 investments in companies including Socket, Stream Token, and Propellon Therapeutics.
🔗 Read More:https://www.linkedin.com/feed/update/urn:li:activity:6978694453708374016
🔸 Do you know who is Jed McCaleb? What made him take this step?
🔸 Jed is an early pioneer in the #blockchain space who is the Co-founder of Stellar Development Foundation building real-world blockchain solutions.
🔸 He is the Founder of Vast and Astera Institute, and also an Advisor to Machine Intelligence Research Institutes.
🔸 He created eDonkey, one of the leading file-sharing networks of its time, as well as Mt. Gox, one of the first #bitcoin exchanges.
🔸 Born in Fayetteville, US, in 1975 and studied at the University of California, Berkeley.
🔸 As of Sep 2022, Jed has a net worth of $2.5 bn and is ranked #1238 on Forbes World’s Billionaires List 2022.
🔸 He made 5 investments in companies including Socket, Stream Token, and Propellon Therapeutics.
🔗 Read More:https://www.linkedin.com/feed/update/urn:li:activity:6978694453708374016
#Crypto markets seem to have been back in green with #Bitcoin (BTC) and several other altcoins trading with gains on Friday morning.
The crypto #market cap gained about 4.75 percent to $950.9 billion but its#trading volume was down by 15 percent to 76.5 billion, according to data from Coinmarketcap.com.
Today’s top gainer was #XRP (XRP), and it was up by 30.81 percent at $0.5391 The top loser was Terra Classic (#LUNC), which was trading at $0.0002695 with a 5.33 percent decrease in the last 24 hours.
The crypto #market cap gained about 4.75 percent to $950.9 billion but its#trading volume was down by 15 percent to 76.5 billion, according to data from Coinmarketcap.com.
Today’s top gainer was #XRP (XRP), and it was up by 30.81 percent at $0.5391 The top loser was Terra Classic (#LUNC), which was trading at $0.0002695 with a 5.33 percent decrease in the last 24 hours.
Top Catalyst For XRP Price Rally!
XRP buying pressure spike after the hope of a positive court ruling triggers a 30% rally above a key longer-term resistance level.
The recent price rally is most likely related to Ripple and the U.S. Securities and Exchange Commission recently filing their motions for summary judgment.
Excitement over the news could be improving investor sentiment about the longer-term prospects for XRP.
Over the last week, XRP has seen a strong buying pattern, with price jumping as much as 63% over the period.
XRP buying pressure spike after the hope of a positive court ruling triggers a 30% rally above a key longer-term resistance level.
The recent price rally is most likely related to Ripple and the U.S. Securities and Exchange Commission recently filing their motions for summary judgment.
Excitement over the news could be improving investor sentiment about the longer-term prospects for XRP.
Over the last week, XRP has seen a strong buying pattern, with price jumping as much as 63% over the period.
Cardano Vasil upgrade and hard fork has finally gone live! The five-day Cardano Vasil hard fork process begins today, which the Cardano Foundation says will improve network performance. What New Changes Will Vasil Hard Fork Bring to The Network? Let's Peel The Layers
Check Now: https://www.instagram.com/p/Ci2K9PWp2fD/
#Cardano #ADA #Blockchain #VasilHardfork #DApps
Check Now: https://www.instagram.com/p/Ci2K9PWp2fD/
#Cardano #ADA #Blockchain #VasilHardfork #DApps
📈 Did you know? How #Crypto.com attracted 50 mn active users! 5 times increase compared to 10 mn users in 2021.
🔸 Crypto.com is a Singapore-based crypto and payments platform with a 24-hr trading volume of $296.73 mn, offering services like trading, investment, staking, an #NFT marketplace, etc.
🔸 Founded by Bobby Bao, Rafael Melo, Gary Or, and Kris Marszalek in June 2016.
🔸 #CRONOS is the native token of Crypto.com which exceeded 700,000 unique wallet addresses, and multiple ecosystem projects like EbisusBay & MMF Finance.
🔸 Crypto.com’s offerings include an exchange home, #Defi products, NFTs, a mobile app, a Crypto visa card, Crypto.com Earn & Credit, etc.
🔸 Made 11 investments in companies including Sender Wallet, ZKX, and Oasys.
🔸 Acquired 5 organizations including OK-BIT, PnLink, Nadex, The Small Exchange, and The Card Group.
🔗 Read More: https://www.linkedin.com/feed/update/urn:li:activity:6979075166853054466
🔸 Crypto.com is a Singapore-based crypto and payments platform with a 24-hr trading volume of $296.73 mn, offering services like trading, investment, staking, an #NFT marketplace, etc.
🔸 Founded by Bobby Bao, Rafael Melo, Gary Or, and Kris Marszalek in June 2016.
🔸 #CRONOS is the native token of Crypto.com which exceeded 700,000 unique wallet addresses, and multiple ecosystem projects like EbisusBay & MMF Finance.
🔸 Crypto.com’s offerings include an exchange home, #Defi products, NFTs, a mobile app, a Crypto visa card, Crypto.com Earn & Credit, etc.
🔸 Made 11 investments in companies including Sender Wallet, ZKX, and Oasys.
🔸 Acquired 5 organizations including OK-BIT, PnLink, Nadex, The Small Exchange, and The Card Group.
🔗 Read More: https://www.linkedin.com/feed/update/urn:li:activity:6979075166853054466
Dogecoin should switch to proof-of-stake - Vitalik Buterin
In a crypto summit hosted by messari, Ethereum co-founder Vitalik Buterin said that meme coin Dogecoin should switch to proof-of-stake.
Buterin believes that privacy coin Zcash should also transition away from proof-of-work.
Speaking of Ethereum Merge, Buterin noted that the transition had gone better than expected.
Additionally, vitalik also said that Ethereum developers were focusing on enhancing privacy and censorship resistance.
In a crypto summit hosted by messari, Ethereum co-founder Vitalik Buterin said that meme coin Dogecoin should switch to proof-of-stake.
Buterin believes that privacy coin Zcash should also transition away from proof-of-work.
Speaking of Ethereum Merge, Buterin noted that the transition had gone better than expected.
Additionally, vitalik also said that Ethereum developers were focusing on enhancing privacy and censorship resistance.
Major #cryptocurrencies were trading in the red early on September 24 as the global crypto market-cap dropped 1.71 percent to $942.3 billion from the previous day.
The total #crypto market volume declined 7.86 percent to $81.21 billion over the last 24 hours.
The total #crypto market volume declined 7.86 percent to $81.21 billion over the last 24 hours.
Cardano (ADA) Price Crash On Horizon – Peter Brandt Predicts Lower Levels
The crypto market has succumbed under bearish pressure as Bitcoin is still hovering around the $18,000-$19,000 mark, bringing the global crypto market cap under $1 trillion.
Meanwhile, Cardano, which was expected to drop after the Vasil hardfork launch just like Ethereum did after its merger, is about to see a severe price crunch in the days to come.
Read More: https://coinpedia.org/altcoin/cardano-ada-price-crash-on-horizon-peter-brandt-predicts-lower-levels/
The crypto market has succumbed under bearish pressure as Bitcoin is still hovering around the $18,000-$19,000 mark, bringing the global crypto market cap under $1 trillion.
Meanwhile, Cardano, which was expected to drop after the Vasil hardfork launch just like Ethereum did after its merger, is about to see a severe price crunch in the days to come.
Read More: https://coinpedia.org/altcoin/cardano-ada-price-crash-on-horizon-peter-brandt-predicts-lower-levels/
🚀 Do you know? Who was one of the five richest persons in America to restrain Facebook's founder Mark Zuckerberg?
🔸 He was Chris Larsen who ranked the fifth richest person in America on the Forbes list of 2018 with a net worth of $59 bn.
🔸 He is the Executive Chairman and Co-Founder of Ripple, the leading provider of Crypto Solutions.
🔸 He is also the Co-Founder of Rippleworks and the Advisor at Betable, CreditKarma, and Epic.
🔸 Born in 1960 in California, US, and studied for an MBA at Stanford University Graduate School of Business.
🔸 In his initial career, he Co-Founded Eloan, an online mortgage lender which was the first to publicly disclose customers' FICO credit ratings.
🔸 In Aug 2012, he co-founded Ripple which presently has 3 mn users in over 50+ countries and a market cap of $24.38 bn.
🔸 Chris has made 4 investments including the Puma Browser, Cinnamon, and Proper.
🔗 Read More : https://www.linkedin.com/feed/update/urn:li:activity:6979419930530131968
🔸 He was Chris Larsen who ranked the fifth richest person in America on the Forbes list of 2018 with a net worth of $59 bn.
🔸 He is the Executive Chairman and Co-Founder of Ripple, the leading provider of Crypto Solutions.
🔸 He is also the Co-Founder of Rippleworks and the Advisor at Betable, CreditKarma, and Epic.
🔸 Born in 1960 in California, US, and studied for an MBA at Stanford University Graduate School of Business.
🔸 In his initial career, he Co-Founded Eloan, an online mortgage lender which was the first to publicly disclose customers' FICO credit ratings.
🔸 In Aug 2012, he co-founded Ripple which presently has 3 mn users in over 50+ countries and a market cap of $24.38 bn.
🔸 Chris has made 4 investments including the Puma Browser, Cinnamon, and Proper.
🔗 Read More : https://www.linkedin.com/feed/update/urn:li:activity:6979419930530131968
The global #crypto market cap stood at $96.2 billion, marking a 1.10 percent dip in the last 24 hour. Crypto #trading volume at $54.3 billion.
#Bitcoin (BTC) and #Ethereum (ETH), the world’s most valued and second-most valued cryptocurrencies, are struggling hard to remain in the greens on the price charts. As BTC dipped below $19,000 over the weekend, ETH failed to rise above the $1,300 mark.
#Bitcoin (BTC) and #Ethereum (ETH), the world’s most valued and second-most valued cryptocurrencies, are struggling hard to remain in the greens on the price charts. As BTC dipped below $19,000 over the weekend, ETH failed to rise above the $1,300 mark.
More Pain For Bitcoin holders - Predict Glassnode Co-Founders
Glassnode Co-Founders, Jan Happel and Yann Allemann in a recent newsletter said that Bitcoin is trading below $20K due to “intense pressure” brought by a fresh rate hike of 75 bps.
According to Happel and Allemann, “Both the monetary policy and regulatory fronts are offering nothing other than headwinds to crypto.”
The Co-Founders believe that BTC’s rising volume amid a bearish trend could portend more pain for Bitcoin holders.
Overall, the Glassnode executives predict that Bitcoin will continue to trade in a wide range within a bearish environment.
Glassnode Co-Founders, Jan Happel and Yann Allemann in a recent newsletter said that Bitcoin is trading below $20K due to “intense pressure” brought by a fresh rate hike of 75 bps.
According to Happel and Allemann, “Both the monetary policy and regulatory fronts are offering nothing other than headwinds to crypto.”
The Co-Founders believe that BTC’s rising volume amid a bearish trend could portend more pain for Bitcoin holders.
Overall, the Glassnode executives predict that Bitcoin will continue to trade in a wide range within a bearish environment.
📈 Do you know? More than 9 million people are using #Bitmart worldwide!
► Its daily trading volume surpassed $1.30 bn and its total revenue increased to $60 mn in Q4 2021, up 33%, from $45 mn in Q3 2021.
► Bitmart has grown into one of the top 40 exchanges allowing the trading of 1000+ cryptos and 42+ fiat currencies.
► Bitmart was founded by Sheldon Xia in Sep 2017 in the Cayman Islands.
► #BMX is a native token of Bitmart that runs on the #Ethereum blockchain and follows the ERC 20 token standard.
► Bitmart’s offerings include an #NFT marketplace, Spot & Margin trading, Futures, OTC trading, Staking, API, a mobile app, etc.
► Raised $10 mn in 3 funding rounds and has made 7 investments in companies including Orderly Network, Neptune Mutual, and more.
🔗 Read More : https://www.linkedin.com/feed/update/urn:li:activity:6980155728338579456
► Its daily trading volume surpassed $1.30 bn and its total revenue increased to $60 mn in Q4 2021, up 33%, from $45 mn in Q3 2021.
► Bitmart has grown into one of the top 40 exchanges allowing the trading of 1000+ cryptos and 42+ fiat currencies.
► Bitmart was founded by Sheldon Xia in Sep 2017 in the Cayman Islands.
► #BMX is a native token of Bitmart that runs on the #Ethereum blockchain and follows the ERC 20 token standard.
► Bitmart’s offerings include an #NFT marketplace, Spot & Margin trading, Futures, OTC trading, Staking, API, a mobile app, etc.
► Raised $10 mn in 3 funding rounds and has made 7 investments in companies including Orderly Network, Neptune Mutual, and more.
🔗 Read More : https://www.linkedin.com/feed/update/urn:li:activity:6980155728338579456