Ethereum (ETH) Price Prediction for 2023-2030 - cyptoranking.com

2024-04-26

Popular crypto exchanges(2023 Update) 2024-04-26
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They still own about 110,000 ETH. Max Keiser believes that since a DeFi platform can be shut down to prevent such kind of an illegal operation, it blows the reputation of the whole decentralized finance sector. The identified sum was spread across 36 million deposit and holding addresses used by Coinbasein, Arkham reported in a Saturday post on X. The largest cold wallet identified held about 10,000 bitcoin. Ethereum (ETH) Price Prediction for 2023-2030DLCs are a type of smart contract for Bitcoin that allows two parties to create bets or derivatives without requiring a trusted third party. Shytoshi responds to critics about SHIB price not rising

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In July, the U.S. Department of Justice charged engineer Shakeeb Ahmed with defrauding an unnamed decentralized exchange and allegedly stealing $9 million in crypto in 2022. In August, RocketSwap—the second-largest decentralized exchange by trading volume on Base—was hacked for around $866,500 after a private key was compromised on their servers. Santiment tweeted that the XRP ledger has seen less activity compared to 2021 and 2022. How to Get a Crypto License in DubaiIs GALA Going to Zero? GALA Price Suddenly Drops 8% With $500 Million Volume as New Meme Coin Raises $300,000 Source: TradingViewDogecoin has remained largely flat in the past 24 hours, with its current price of $0.061189 representing a 1% drop in the past week.This means it remains below its 50-day exponential moving average (which stands at $0.0635), a sign that the meme token is struggling to regain momentum and is currently being oversold.This is confirmed by the fact that DOGE is also 4% down in the last 30 days and also 6% down in the past year, with the token struggling to find enough positive news to boost its price.But with some analysts expecting a market-wide rally towards the end of the year, and with DOGE also waiting hopefully on Twitter payments, the token could easily rise again in the near future.Dogecoin Price Prediction as DOGE Attempts to Climb Above 50-day EMA – Can Momentum Be Regained?DOGE's chart continues to look very unpromising at the moment, even if its oversold status would normally imply an incoming rebound.Source: TradingViewFor one, DOGE's relative strength index (purple) has been below 50 – or even 40 – for the last month and a half, and it currently remains close to 40, in a sign that buyers still don't seem interested in acquiring some on the cheap.Likewise, its 50-day EMA (yellow) continues to fall further below its 200-day average (blue), which in combination with the fact that current price is below both would imply a serious loss of momentum and support.Indeed, DOGE's support level (green) has inched downwards over the past month or so, meaning that it may not have actually finished dropping in the short- and medium-term.The coin could therefore sink below $0.060 in the next few days, and potentially drop even further unless the wider market becomes a little more positive and buoyant.The problem with DOGE at the moment is that it lacks any positive narrative, with no recent bullish news to note and no new developments.As such, the market is having a hard time trying to get excited about the coin, which seems to be relying almost solely on the possibility of integration with X (formerly Twitter) for any upwards movement.And while Elon Musk's love for DOGE means that Dogecoin payments on X can never be ruled out, it's likely that it would take a long time for such a thing to happen, if it ever does.For this reason, DOGE is likely to continue sliding for as long as the wider cryptocurrency market remains in a relative slump, which is currently being caused by rising bond yields (which makes stocks and more speculative assets less attractive).The meme token is likely to fall to $0.0550 or thereabouts before picking up again, with a return to more bullish conditions at the end of the year potentially lifting it back up to $0.070.New Meme Tokens With High PotentialTraders may prefer to leave DOGE aside for the time being and look at newer meme tokens with more potential for market-beating gains.Of course, it can be hard to pick which new meme coins are likely to be successful, yet one way of gauging this is to look at presales, with tokens that raise substantial amounts likely to have a larger following going forward.One new coin that fits this profile is Meme Kombat (MK), a new gaming platform that offers users the chance to earn rewards betting on AI-generated meme battles.The platform's presale has already raised over $325,000, which is impressive in that the sale has been open for only a couple of weeks.This suggests that investors are already being won over by Meme Kombat's primary feature, which is that it will use artificial intelligence to generate battles between meme characters, which users can place bets on.Users can do this by staking the platform's native token, MK, which will also be used to pay out rewards for successful bets.And given that Meme Kombat is based on the Ethereum blockchain, bets will be made using smart contracts, making payouts transparent and instant.Given just how popular meme coins have been in 2023, a platform which promises to stage meme battles is likely to attract plenty of interest, as hinted at by the presale's success in raising money.As a token, MK will have a hard cap of 12 million, with 50% of this supply going to the presale and another 30% going towards battle and staking rewards.This distribution should ensure a high level of community involvement with Meme Kombat, with investors able to join the presale by visiting its official website and connecting their wallets.1 MK will cost $1.667 for the entire sale, which will end once it raises $10 million, at which point the promising new token will list on exchanges.Visit Meme Kombat NowDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.XRP Price Prediction as XRP Seeks to Breach $0.55 Level – Is the Path to $1 by End of 2023 Clear?

“Artists are at risk of seeing the fruits of their hard work pinched and promoted without permission while fraudulent and misleading adverts add an extra layer of jeopardy for investors involved in what is already an inherently risky business,” Dame Caroline Dinenage MP, chair of the Culture, Media and Sport Committee, said in an accompanying press release. Proof of Play, a company led by Farmville co-creator Amitt Mahajan, raised $33 million to create Web3 games, according to a Sept. 21 announcement. Majahan is the CEO of Proof of Play, and Twitch co-founder Emmett Shear is a board member. Phemex: Buy, Sell, & Secure Your Crypto|Trade BTC ...Bitcoin (BTC) traders are displaying behavior similar to the 2022 bear market bottom as “uncertain” sentiment rules, new research argues.In one of its Quicktake market updates on Oct. 9, on-chain analytics platform CryptoQuant examined a major drop in realized capitalization of the most active part of the BTC supply.One-month-old BTC supply realized cap comes full circleBitcoin’s more speculative investor cohorts continue to come in for scrutiny this year as BTC price action experiences a variety of diverging environments.The spot price is currently circling the aggregate cost basis for so-called short-term holders (STHS), defined as entities hodling a given amount of BTC for 155 days or less.Now, CryptoQuant reveals that the realized capitalization, or cap, of coins that last moved between 24 hours and one month ago has collapsed in recent months.Realized cap refers to the combined value, in U.S. dollars, of a specific group of Bitcoin being used in transactions. Tracking the total value of the one-day to one-month (1D-1M) cohort can give insights into broader BTC price action, CryptoQuant says.“In my view, this dataset effectively reflects Bitcoin's market price fluctuations,” contributor Binh Dang wrote. “It represents recently acquired coins before they become long-term holdings or are continually traded in the short term.”In late 2022, when BTC/USD fell to two-year lows, the 1D-1M cohort’s realized cap fell below $20 billion. When Bitcoin peaked at just below $32,000 in July, the realized cap peaked at more than double — around $44 billion.Binh shows that the figure has now retreated back to those bear market levels, “recovering slightly” to still hover near the $20 billion mark.“The current change in this data (in blue and green) shows an inconsistent recovery, partly due to general market sentiment, including macroeconomic and geopolitical issues,” he continued in commentary on an illustrative chart.Bitcoin realized cap supply data (screenshot). Source: CryptoQuantBitcoin newbies “should not expect” rerun of Q1 gains$20 billion has formed a broad floor for the 1D-1M group since September 2022, but a stronger bounce should be viewed as unlikely in the future.Related: Bitcoin dominance hits 3-month high as ‘hammered’ altcoins risk dive“The market will likely remain uncertain if these data don’t show significant and positive trends from now until the year’s end,” Banh wrote. “The volatility will be unpredictable, so newcomers should not expect continuous and strong price increases as in the first half of this year.”Similar conclusions can be drawn from the percentage of the aggregate realized cap accounted for by 1D-1M coins.Bitcoin 1D-1M cohort realized cap % chart (screenshot). Source: CryptoQuantThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. Source: Getty ImagesCyprus authorities would soon impose hefty penalties on crypto asset service providers (CASPs) that are found offering services without registering with the country’s regulator – the Cyprus Securities and Exchange Commission (CYSEC).Cyprus’s move to clampdown on unlicensed crypto businesses comes after the country’s Ministry of Finance submitted a proposed legislative amendment to the “Prevention and Suppression of Money Laundering Law,” to the Parliamentary Committee on Legal Affairs.According to a local report, unlicensed crypto businesses in Cyprus would face a hefty penalty of €350,000 or five years in prison or both.The legislation before the House Finance Committee was drafted based on penalties imposed on non-compliant and unlicensed crypto service providers in other EU states.Also, the Ministry of Finance’s proposed amendment follows recommendations and directives from the Financial Action Task Force (FATF) and MONEYVAL report published in November 2022, the report added.The proposed amendment mandates all crypto asset service providers to register with the CYSEC, before offering any crypto-related products and services. By doing so, the Finance Ministry aims to protect investors from the risks of illegal activities and money laundering.Furthermore, the Cyprus Bar Association has given inputs on the scope of the law, particularly, the requirement for CSPs registered in other EU States to register with the Cyprus regulator.Penalties Imposed by EU Member StatesIn Malta, anti-money laundering regulators have fined cryptocurrency platforms Bequant Pro Ltd and Bequant Exchange Ltd nearly half a million Euros and other parallel enforcement actions against non-compliant virtual asset service providers.The country has imposed imprisonment for up to six years and fines of up to €15 million, per reports.In Luxemburg, regulators have slapped fines of up to €5 million for non-licensed crypto businesses, and Belgium has imposed penalties ranging between €400,000 and €800,000. France and Ireland also have similar stricter penalties and imprisonment for such offenses.Breaking: Bitstamp Resumes XRP Trading After Temporary Suspension

Rising Rates Gives New Life to Interest-Bearing Stablecoins Cowen recognizes that The Merge, with its deflationary component, could mean ETH might not toe its historical line. This deflationary aspect could be Ethereum’s wild card, making its trajectory even more elusive. 15 Best Crypto Trading Tools & Apps For 2023 (+Expert ...This article will explain everything about Ethereum for readers to gain a fundamental understanding of this blockchain, along with its purpose, design, and vision. One can’t ignore the similarities between the market structure of the S&P500 during the DOTCOM cycle and the Bitcoin cycle. The regular financial markets also went through clear 4-year cycles with the majority of the cycle being in an uptrend and the downtrend, also known as a bear market, shortly lived. From my perspective, the DOTCOM cycle started around 1986 as this was the moment that Microsoft went public, one of the biggest companies of the DOTCOM cycle. The first 3 4-year cycles of Bitcoin look very similar to the first 3 4-year cycles of the S&P500 starting from 1986.

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