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Ethereum Price Analysis: ETH Bulls Aim For $2,000

Ethereum price is rising above the $1,850 level against the US Dollar. ETH/USD could rise further if it clears the $1,920 resistance zone.

Ethereum Price AnalysisIn the past few sessions, Ethereum saw a decent increase above the $1,820 level against the US Dollar. ETH price was able to gain pace for a move above the $1,850 level and the 55 simple moving average (4 hours).

The bulls even pushed the price above the $1,880 resistance zone. A high is formed near $1,916 and the price is now consolidating gains. It is trading above the $1,850 level. It is testing the 23.6% Fib retracement level of the upward wave from the $1,777 swing low to the $1,916 high.
Crypto Company SafeMoon Files for Bankruptcy Following Founder and Executives’ Indictment on Fraud Charges Last Month

Blockchain firm SafeMoon is filing for bankruptcy after its founder and two executives were indicted on fraud charges in November.

According to a recent document, the crypto company voluntarily filed for Chapter 7 bankruptcy over a month after founder Kyle Nagy, chief technology officer Thomas Smith and chief executive Braden Karony were accused of violating securities laws.
EarnBet.io ‘s Rebranding Journey: Unveiling the Future of Online Casino Gaming

In 2017, EarnBet.io launched a world-class online betting platform with blockchain-based innovations to provide players with a more streamlined way to play and win, guaranteeing fairness, and transparency. The platform delivered an exquisite, online casino environment that rewarded players in a never-before-seen way.

Impressively, the site has processed over $1 billion in bets since launch, transferred millions of dollars worth of rewards and cashback to its users and token holders, launched several exclusive in-house games, and designed an avant-garde wallet system that makes it a breeze to deposit and withdraw top cryptocurrencies.
Solana Unleashes Token Extensions to Enhance SPL Token Standard

On Wednesday, Solana Labs unveiled the launch of token extensions, marking a noteworthy advancement in the SPL Token standard. The blockchain network’s token extensions aim to provide a suite of solutions for businesses transitioning to distributed ledger technology, emphasizing security, compliance, and ease of use.

Solana’s New Token Extensions Set to Boost Blockchain AdoptionAccording to the announcement, Solana-based token extensions are designed to cater to a wide range of industries, including stablecoins, real-world assets (RWAs), and payments. These extensions offer features like transfer hooks, transfer fees, confidential transfers, permanent delegate authority, and non-transferability. Each of these features serves a specific purpose, from providing control over token interactions to ensuring compliance with regulatory frameworks.

Anatoly Yakovenko, co-founder and CEO of Solana Labs, highlighted the significance of this development. “Token extensions build on the characteristics that make Solana the ideal destination for developers,” Yakovenko stated. “Solana is the first network to offer this level of integrated developer and user experience in a single token program. We’re already seeing the potential to build using token extensions via deployments from some of the most recognizable names in crypto.”
Crypto Market Cap Recaptures $2 Trillion Crown As Bitcoin Price Blasts Past $59,000

Bitcoin surged past $59,000 early Wednesday morning, adding over 4% over the last 24 hours as upbeat market sentiment and massive inflows into spot Bitcoin exchange-traded funds (ETFs) propelled BTC’s price higher.

Bitcoin’s impressive resurgence has electrified the broader cryptocurrency market, including ether (ETH) and other digital assets, which has now reclaimed the $2 trillion milestone for the first time since April 2022.
Analyst Highlights Encouraging Metric for Solana Bulls Amid Calls For New SOL All-Time High Price

Following a strong quarter, Solana (SOL) has been the subject of intense scrutiny and analysis by traders and analysts alike, even as the cryptocurrency tries to recapture its November 2021 all-time highs.

This week, Solana’s price has pulled back slightly after hitting a high of $210, prompting questions about its future trajectory. Meanwhile, analysts have been quick to chime in on the situation, with popular chartist Decentrader highlighting a potentially encouraging metric for Solana bulls.
SNUKE Presale Skyrockets, Almost 500 SOL Raised In Days, Poised To Become The Next Solana Meme Coin Sensation

The anticipation for the Bitcoin bull season is building, and the excitement is palpable throughout the cryptocurrency community. As enthusiasts prepare for the upcoming surge, Solana meme coins have become particularly popular, with tokens like BOME seeing returns as high as 1000X.

Amidst this excitement, SNUKE, a meme coin infused with the audacious humor of “South Park” is carving out its space on the Solana blockchain. With a presale that’s quickly gaining momentum. 
Get your FREE Entry NFT for Crypto: The Game!

Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).

Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!

Website: Crypto: The Game
A Stronger Web 3.0 Means (Strategically) Working With Centralized Entities

The crypto industry is unlike any other space for many reasons. But perhaps the primary difference between crypto – and Web 3.0 in general – and mainstream tech or the auto industry, for example, is removing dependency on centralized, trusted authorities.

From DAOs and DEXs to DApps, DeFi (decentralized finance) is an irreplaceable tenet of crypto and blockchain – and therefore Web 3.0.

Now that traditional financial institutions – the polar opposite of decentralized organizations – seek exposure to crypto and DeFi, the industry is at a fork in the road.
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration

Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.

The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Promontory Technologies Launched its Alpha Fund, a multi-strategy approach to trade liquid-listed digital assets

Promontory Technologies is thrilled to introduce the Promontory Alpha Fund, a cutting-edge investment vehicle that employs a quantitative, systematic, multi-strategy approach to trading liquid-listed digital assets. The fund is structured to be market-neutral and minimize significant losses, providing a BVI vehicle for non-US investors and a Delaware LP for US investors.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!

The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.

Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period

Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.

To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager

A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.

Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Kamala Harris Needs to Come Up with a Crypto Strategy, as Trump Goes Pro-Bitcoin

Vice President Kamala Harris faces increasing pressure to clarify her stance on cryptocurrency as the 2024 election approaches or risk losing the crypto industry’s support to former President Donald Trump. A new report from the Official Monetary and Financial Institutions Forum (OMFIF) underscores the urgency for Harris to engage with the crypto community more effectively.

Democrats Urge Party to Embrace Crypto and BlockchainTrump has gained favor within the crypto community by promising supportive regulations and advocating for a U.S. Bitcoin reserve. He has received significant support online partly because the crypto community has long felt neglected by current policies. This was particularly evident during the National Bitcoin Conference in Nashville where Trump gave a speech, cementing his position as a crypto-friendly figure.

However, some critics have accused Harris’s campaign of lacking sufficient confidence about their digital assets. Ro Khanna and Wiley Nickel are Democratic Representatives who advocated for a fair approach to regulating blockchain technologies at the National Bitcoin Conference held in Nashville. While Kamala Harris skipped the event, her administration seemed to be more favorable to the cryptocurrency than President Biden.
Gotbit has opened up free access to its DEX Manager

According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager

The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Could Be Satoshi? Decade-Old Bitcoin Wallet Mysteriously Springs Back To Life With $8 Million In BTC

In a notable development for the crypto community, a dormant Bitcoin (BTC) wallet that had been untouched for over a decade has suddenly sprung back to life, transferring a staggering $8 million worth of the cryptocurrency to an external wallet.

According to a Monday tweet by popular crypto tracking platform Whale Alert, the address in question had been dormant for an astounding 10.8 years, holding 146 BTC.
The new big memcoin on SunPump is gaining momentum

ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.

The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
Shiba Inu, Dogecoin Now Held as Long as Ether As Memecoin Holders’ Confidence Surges

As investors grapple with the cryptocurrency market’s next moves amid recent turbulence driven by geopolitical and economic concerns, attention is shifting away from established top-cap coins like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA) toward the burgeoning appeal of meme coins.

Notably, with speculation about an upcoming altcoin season, many traders are revisiting the allure of meme coins, which have historically demonstrated remarkable price surges during bullish market cycles. Currently, Dogecoin (DOGE) and Shiba Inu (SHIB) are capturing significant investor traction, reflecting a notable change in market sentiment.