Ether (ETH) pundits have been shouting that the $5,000 price is 'programmed,' since 2018 and some go even further by calling for $20,000 over the long-term. $5000 $ETH. It is programmed. — Koroush AK (@KoroushAK) October 29, 2021 A portion of these bullish calls are based on ETH 2.0 staking and the reduced inflation resulting from EIP-1559. At this time in 2017, $BTC was around $2k Just 7 months later it was almost $20k What do you think happens when the world wakes up to the APR and deflationary aspect of $ETH that is coming in less than 2 months? …

Following a mind-blowing price surge, the Squid Game (SQUID) token plummeted over 99% shortly after Twitter flagged its “official” accounts on the social media platform as suspicious. According to data on CoinMarketCap (CMC), the SQUID token experienced its first downward move on Nov. 1, erasing its entire gains from as much as $2,861 and dropping below $1 in a matter of minutes. At the time of writing, SQUID is trading at $0.0054, down about 99% over the past 24 hours with a trading volume of $13 million. According to CMC, the SQUID token has a “self-reported” market capitalization of $2.8 …

The weekend failed to ignite bullish momentum from crypto investors and both Bitcoin (BTC) and Ether (ETH) turned down on Oct. 31. The bulls will now try to achieve the third successive weekly close and the first-ever monthly close above the psychological $60,000 level. $63,000 is another level of interest for traders because the stock-to-flow creator PlanB, projected this level as the “worst-case scenario” for October. In the recent past, PlanB’s worst-case theory was proven to be correct in August and September. Apart from the near-term interest, investors should remember that Bitcoin was launched on Jan. 3, 2009, at a …

Bitcoin (BTC) delivered fresh retests of $60,000 support on Oct. 31 with a matter of hours left until the crucial monthly close. Record monthly close hangs by a thread Data from Cointelegraph Markets Pro and TradingView showed lackluster price action on Sunday, with BTC/USD below the "worst case scenario" for its October close. Analysts were eagerly awaiting to see if the end of the month could provide a turnaround and prove the worst case theory correct for a third month running. Its creator, PlanB, father of the stock-to-flow model, correctly guessed the $47,000 and $43,000 finales for August and September …

You can’t predict the future, but you can learn from the past. And some crypto tokens are much (much) more predictable than others, when you analyze their historical trading patterns. In fact, five cryptocurrencies in particular have exhibited the kind of trading predictability that could give sharp-eyed crypto traders a huge advantage in the markets. These five tokens have all demonstrated one thing in common: After strong bullish conditions were detected, they averaged an increase in value when measured after 24, 48, and 72 hours After extreme bullish conditions were detected, on average they also rose after 24, 48, and …

A so-called meme cryptocurrency named after Tesla and SpaceX CEO Elon Musk is rising in value, namely by a whopping 3,780% in October. Dubbed Dogelon Mars (ELON), the cryptocurrency reached $0.00000233 Saturday—its highest level since May 13—after opening the month at $0.00000005 (data from Poloniex). The massive upside move pushed Dogelon Mars' market cap from around $26 million on Oct. 1 to as high as $1.19 billion on Oct. 30, thus making MUSK the 92nd-largest cryptocurrency in the world by market capitalization. What launched ELON price to the moon? A major portion of ELON's October gains came from its performance …

Bitcoin (BTC) preserved $61,000 into the weekend after “aggressive” buying on Coinbase sparked multi-day highs. Coinbase BTC buyers step up Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling overnight after briefly challenging $63,000. Friday saw strong performance after U.S. traditional markets opened, helping lift Bitcoin to near its minimum monthly close target. As analysts noted, major exchange Coinbase was the venue for heavy accumulation on the day. Some aggressive BTC buying on Coinbase right now pic.twitter.com/sR1eMuF2ze — Will Clemente (@WClementeIII) October 29, 2021 Popular trader and analyst Pentoshi meanwhile noted selling elsewhere, specifically from one whale whose BTC …

Le Bistrot d'Eleonore et Maxence, a restaurant in Paris, France joins the growing list of mainstream businesses to add Shiba Inu (SHIB) as a payment method. The information came to light from a video shared by a local resident and crypto investor Natheno Davy, which showed that the restaurant’s main entrance sported two new “Shiba Inu accepted here” stickers just above the other traditional payment options. Shiba accepted in a restaurant in PARIS Eleanor and Maxence 39 Avenue Duquesne 75007 -Paris France Shib will be the biggest regret as the bitcoin laggards were #ShibArmy #SHIB #shiba #ShibaSwap #crypto #ShibaCoin #Robinhood …

The world of decentralized gaming has seen significant growth in 2021 as the rise of play-to-earn (P2E) gaming merged with NFTs to open the first pathway to the Metaverse. Aavegotchi is currently making inroads in the blockchain-based gaming sector with a somewhat novel approach that incorporates features from P2E gaming, NFTs and decentralized finance (DeFi). Data from TradingView shows that since hitting a low of $1.56 on Oct. 1, the price of GHST, Aavegotchi's native token, has rallied 53% to a daily high at $2.40 on Oct. 29 as its 24-hour trading volume spiked 45% to $135.8 million. Three reasons …

2021 has been a breakout year for the cryptocurrency sector, as the passage of the first Bitcoin (BTC) exchange-traded fund (ETF) is a sign that crypto is becoming more mainstream and has the potential to lead to an increase in investors’ exposure to BTC. The influx of new participants into the market throughout the year has had a profound impact on the overall culture of the crypto ecosystem. Ideas of privacy and a secure store of value have been overshadowed by the culture of memes as PePe’s and Wojacks have become endemic to crypto Twitter, where frens say “gm” to …

Bitcoin (BTC) is still in a corrective phase but Ether (ETH) has attracted strong buying, which pushed it to a new all-time high on Oct. 29. The successful Altair Beacon chain upgrade seems to have boosted sentiment and it also paves way for the merge with the Ethereum mainnet and the change to proof-of-stake. Meanwhile, MicroStrategy has continued to add to its already impressive Bitcoin stack. The company’s Q3 report shows that it added 8,957 Bitcoin, taking its haul to 114,042 Bitcoi as of Sept. 30, purchased at an average price of $27,713. The software firm’s appetite does not seem …

A new token inspired by popular Netflix show Squid Game has posted 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token. The cryptocurrency community has been accusing the Squid Game (SQUID) token of being a scam amid reports that some investors are not able to withdraw the token on major decentralized exchange Pancakeswap. “We have received multiple reports that the users are not able to sell this token in Pancakeswap. Please exercise caution while trading,” major crypto tracking website CoinMarketCap (CMC) noted in a warning about the SQUID …