Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
The cryptocurrency market remains turbulent, with significant fluctuations in value that can present opportunities for investors. An analyst predicts that Bitcoin could reach $135,000 within the next 100 days based on market volatility indicators. Market indicators play a crucial role in predicting the future movement of cryptocurrencies like Bitcoin. These indicators help investors make informed [...]
Welcome to Slate Sundays, CryptoSlates new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Co-founder and executive chairman of web3 gaming unicorn Animoca Brands, few people in crypto havent heard of Yat Siuwith the exception of the […]
The post Conviction over doubt: Yat Siu on building web3s most influential unicorn appeared first on CryptoSlate.
Bitcoin Crash Risk to $70K in 10 Days Increasing, Analyst Says It’s BTC’s Practical Bottom Bitcoin’s price has been struggling recently, with analysts predicting a possible crash to $70,000 within the next 10 days. Despite the volatility in the cryptocurrency market, some experts believe that this dip could actually be a positive sign for Bitcoin’s [...]
The post Bitcoin at Risk of Crashing to $70K in 10 Days, Analyst Calls it BTC’s ‘Bottom Line’ appeared first on Crypto Breaking News.
Solana’s SOL Token Sees Price Decline, What’s Causing It? The Solana blockchain’s native token, SOL, has experienced a decrease in price recently. Several factors could be contributing to this downward trend. It’s essential for investors and enthusiasts to understand why this is happening. One possible reason for the decline in SOL’s price could be market [...]
The post Discover the Reasons Behind Today’s Drop in Solana (SOL) Price appeared first on Crypto Breaking News.
When Pepe Coin first launched, it was just another meme in the digital spacesmall, quirky, and overlooked. Early investors who scoffed at its potential are now watching from the sidelines as Pepe Coin surges in value, creating regret among those who didnt seize the opportunity when it was at its lowest point. The question many are asking: Can they find a second chance to get in on a meme coin with such potential? The answer is yesand its Arctic Pablo Coin (APC).
The post Kicking Yourself Over Pepe Coin? Arctic Pablo Might Be The Next Top New Meme Coin to Invest in Now appeared first on Kanalcoin.
Algorand price has been on a sustained bullish trend over the past two days and was trading at $0.2254 at press time. The token has shown quite a strong bullish stance and although it could partly be buoyed by the general bullish crypto market, there are other factors at play behind the scenes. The Algorand …
<p>The post Algorand price has been rising in the last two days: here’s why first appeared on CCNC | Cryptocurrency Newscast.</p>
Unchained will serve as Title Sponsor for 21 Days of Bitcoin, awarding Bitcoin to participants who complete a 21-day online educational course.
Bitcoin has been on a rollercoaster ride recently, with many analysts debating where its price might go next. One analyst, however, is confident that Bitcoin’s price could reach $130,000 in just 90 days. The crypto market is known for its volatility, and Bitcoin is no exception. Despite recent fluctuations, there are some who believe that [...]
The post Could Bitcoin Reach $130K in Just 90 Days? One Analyst Thinks So! appeared first on Crypto Breaking News.
The price of Bitcoin is becoming increasingly volatile as the days leading up to the Federal Open Market Committee (FOMC) meeting approach. Many wonder if this time will see a significant change in the market dynamics. The FOMC meeting is a key event for many investors as it can impact the direction of interest rates, [...]
The post Is Bitcoin price volatility on the rise during FOMC days? Find out if this time will be different appeared first on Crypto Breaking News.
According to a Newsweek poll conducted by Redfield & Wilton Strategies, 55% of Americans are “very” or “fairly” concerned about paying off credit debt this year. The total credit card balance of Americans is at its highest point since the U.S. Federal Reserve began tracking the data, and current metrics indicate that Americans are using [...]
The post Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance appeared first on Crypto Breaking News.
The Cosmos (ATOM/USD) price broke down from a rising channel this week as cryptocurrencies reacted to the regulatory crackdown on stablecoins, particularly orders against Paxos to cease issuing the Binance USD (BUSD) stablecoin. ATOM price has not spiked as much as the leading cryptocurrencies like Bitcoin and Ethereum, which on Wednesday, hit levels above $23,000 ...
<p>The post Cosmos price outlook: Is ATOM a buy ahead of today’s Rho upgrade? | Invezz first appeared on CCNC.</p>
For crypto industry, 2022 was not exactly stable. But there are still reasons to be excited about next 12 months.
The metaverse became the forefront of attention in 2022. DailyCoin explores some of the most popular projects available.
Continue reading 4 Metaverses to Visit This Holiday Season at DailyCoin.com.
DailyCoin highlights seven NFT projects that shone despite a tough year.
Continue reading 7 NFT Projects to Explore This Christmas at DailyCoin.com.
With the end of the year upon us, DailyCoin overviews Bitcoin, and considers how the asset performed against projections.
Continue reading Bitcoin: the Digital Gold – Positives for 2023 at DailyCoin.com.
Crypto in 2022 wasn't just about hacks and bankruptcies, there were many positive developments as well.
Continue reading Four Positive Events in the Crypto Space This Year at DailyCoin.com.
Terra Classic (LUNC) has witnessed a massive rally over the past week. It has risen by about 134.2% over the past seven days according to Coingecko. LUNC has also attracted significant interest from investors with its daily trading volume surging by over $2 billion.
The price pump is primarily because of the massive community support and a proposal by the community to recover prices through burning, project building, staking, governance, and ecosystem education.
LUNC’s community supportThe Terra Luna Classic community has continued burning and staking LUNC tokens in a bid to recover the token’s price, which has considerably dropped since the TerraUSD (UST/USD) stablecoin debacle that brought down the original Terra LUNA project and resulted in the Terra Luna hard fork to create the new Terra 2.0 (LUNA/USD).
The main aim for the community at the moment is to push LUNC prices at least above $0.0005 with a short-term target of $0.01 by end of this month if it maintains the current momentum.
Terra Classic burn tax proposalSo far the Terra Luna Classic community has managed to stake over 528 billion LUNC tokens and burned over 3.5 billion LUNC tokens. Interestingly, over $1 billion in trading volume is from Binance after KuCoin ran out of LUNC tokens.
The community intends to take the burning initiative higher with a 1.2% burn tax proposal that is scheduled for release on Monday, September 12. The much-awaited burn tax proposal is geared toward increasing the burning rate of LUNC tokens.
Commenting on the impact of the much-awaited burn tax proposal via a tweet, Miles Deutscher, a popular crypto investor and analyst, said:
“$LUNC is gaining momentum in anticipation of its next major upgrade, which introduces a 1.2% burn tax to all swaps. Could this mark the beginning of a sensational revival for Terra Classic?”
Recently, Terra also announced several governance proposals and upgrades besides burning and staking. It also rolled out a new governance alert bot.
The post LUNC up 134% in 7 days amid massive community support and burn tax proposal appeared first on Invezz.
Ethereum Classic (ETC/USD) remains bullish following its recent uptrend, currently trading 8.3% up on the daily log at highs near $34.70.
A look at the CoinGecko price data shows the ETC price has seen a decent return over the past week, with over 11% in gains. The ETC/BTC pair is also up by more than 7% in the past 24 hours to suggest the altcoin is building up some momentum as the broader market looks for some volatility after a quiet Monday so far.
ETC price ahead of Ethereum MergeThis upside, which comes after last week’s downside across risk asset markets that had pushed Bitcoin (BTC/USD) below $20,000 and Ethereum (ETH/USD) to lows of $1,483, continues the altcoin’s gains in recent weeks as Ethereum matches towards the highly anticipated Merge.
The upgrade is expected next week and Ethereum Classic is seeing an influx of miners to the network as Ethereum prepares to switch from proof-of-work to proof-of-stake. The miners appear to see ETC as a good bet for deploying their mining rigs, with the increased computational power pushing the Ethereum Classic hashrate to a record high.
Data shows the altcoin’s hashrate hit 47.3 terahashes per second (TH/s), the highest for the blockchain. The metric hovered around 31 TH/s in July to mid-August before jumping to 43 TH/s and the new all-time high.
As Ethereum Classic’s hash rate reaches new highs, it is worth noting that in the past, ETC price has rallied around the Merge news.
According to crypto market intelligence and research provider Messari, the last three instances were around the Berlin upgrade, the Ethereum EIP 1559 upgrade and the Merge date announcement in July.
Ethereum Classic price has rallied on Merge news according to the above chart by MessariWith bullish projections for ETH, a rally into the Merge could also be seen in ETC – with a breakout above $40.00 likely to bring into play a retest of August 2021 highs above $70.00.
The post Ethereum Classic gains as hashrate hits record high days to the Merge appeared first on Invezz.
The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the network’s mining difficulty is expected to increase following the 4.78% epoch change on February 17. Bitcoin Hashrate Drops From 249 […]
These five moments shaped Bitcoin On-Chain analysis. Down below you’ll find a basic 101 article that reviews the basic concepts of the trade. If you have any problem with the list, David Puell is to blame. He’s a full-time on-chain analyst and the creator of MVRV and Puell Multiple. He didn’t include the metrics he created on the list, which says a lot. Related Reading | Lessons From Reason’s “The Fake Environmentalist Attack on Bitcoin” Mini-Doc In the following article, there’s also something for on-chain analysis experts. A side game called: Did your favorite moment make it? 1. ByteCoin invents cointime destroyed in 2011, the very first on-chain metric ever, still used today, and first metric to detect holding behavior in any financial asset. — David Puell (@kenoshaking) February 17, 2022 Anyway, let’s get into it. On-Chain Analysis Moment #1- ByteCoin Invents Coin Days Destroyed (CDD) AKA Coin Time Destroyed Invented In 2011, according to Puell, CDD is “the very first on-chain metric ever, still used today, and first metric to detect holding behavior in any financial asset.” How does the metric detect holders, though? According to Glassnode Academy, “Coin Days Destroyed is a measure of economic activity which gives more weight to coins which haven’t been spent for a long time.” So, the first eureka moment was to get the coin’s age into the equation. That way, the all-important holders also entered. Glassnode again: “It is considered an important alternative to looking at total transaction volumes, which may not accurately represent economic activity if value was not stored for a meaningful time. Conversely, coins held in cold storage as a long term store of value are considered economically important when they are spent as it signals a notable change in long-term holder behaviour.” BTC price chart for 02/17/2022 on Gemini | Source: BTC/USD on TradingView.com 2. Moment #2 – Willy Woo and Chris Burniske Invent NVT Ratio This one emerged in 2017, and, according to Puell, it’s “where on-chain begins its Golden Age and became clearly an ecosystem of specialists”. It’s also “the first application of traditional economic/financial concepts to Bitcoin”. But, what’s the NVT Ratio specifically? Glassnode Academy responds: “Network Value to Transactions (NVT) Ratio describes the relationship between market cap and transfer volume. Per Willy Woo, its creator, NVT can be considered analogous to the PE (price to earnings) Ratio used in equity markets.” Another way to look at it is, “NVT is that it is the inverse of monetary velocity, comparing two of Bitcoin’s primary value propositions”. Those are store of value Vs. settlement/payments network. 3. @nic__carter and @khannib invent realized cap in 2018, the single most important and robust metric in the field, and first verifiable discovery of the cost basis of any asset. — David Puell (@kenoshaking) February 17, 2022 On-Chain Analysis Moment #3 – Nic Carter And Antoine Le Calvez Invent Realized Capitalization Created In 2018, Puell thinks Realized Capitalization is “ the single most important and robust metric in the field, and first verifiable discovery of the cost basis of any asset”. But, what is it exactly? According to Glassnode Academy, Realized Capitalization also makes on-chain analysis look into the age of the coins. “Realized capitalization (realized cap) is a variation of market capitalization that values each UTXO based on the price when it was last moved, as opposed to its current value. As such, it represents the realized value of all the coins in the network, as opposed to their market value.” Ok, “realized cap reduces the impact of lost and long dormant coins, and weights coins according to their actual presence in the economy of a given chain”. How does it do it, though? Glassnode again: “When a coin that was last moved at significantly cheaper prices is spent, it will re-value the coins to the current price, and thus increase realized cap by a corresponding amount. Similarly, if a coin is spent at a price lower than when it was last moved, it will re-value to a cheaper price and have a corresponding decrease on realized cap.” Moment #4 – Dhruv Bansal Invents HODL Waves Created in 2018, HODL Waves is the “last major primer in on-chain analysis, first metric to segregate supply into different conceptual frameworks”. According to Purell, it’s also the “most comprehensive economic time analysis on Bitcoin to date”. Surprising no one, HODL Waves also looks at the age of the coins. According to Glassnode Academy: “HODL Waves provide a macro view of the age of coins as a proportion of total coin supply. This provides a gauge on the balance between short term and long term holdings. It can also indicate where changes in this age distribution occur as the thickness of HODL wave bands change in response to dormant coins maturing, or when old coins are spent, resetting their age into the youngest category.” 5. @ErgoBTC releases the forensics of PlusToken in 2019, the grey swan that defined the market structure of Bitcoin for that year and first relevant nation-state attack on the asset. — David Puell (@kenoshaking) February 17, 2022 On-Chain Analysis Moment #5 – Ergo Releases The Forensics Of PlusToken This famous case happened in 2019. According to Purell, it’s “the grey swan that defined the market structure of Bitcoin for that year and first relevant nation-state attack on the asset.” For a report on the situation, we had to consult Crypto Briefing, who spoke to: “Ergo, the lead researcher of the report, told Crypto Briefing in an email that the most striking feature of this scam was its size. “Billion-dollar scams are very rare,” they said. “We did not expect the previously reported 200K BTC volumes to be accurate, but they were.” Related Reading | Bitcoin On-Chain Demands Suggests That The Market Has Reached Its Bottom The Ergo team also explained why the laundry of the funds didn’t work that well. It was because they practiced “self-shuffling.” What’s that, you ask? Crypto Briefing again: “It refers to the “repeated UTXO splitting and merging in hundreds of transactions,” according to the report. This method was both easy to track and the most common way in which PlusToken funds were handled.” This case wouldn’t be complete without a big institution’s involvement. This time, the suspect is Huobi: “Huobi played a major role in off-loading these funds too, with nearly 250,000 addresses associated with the PlusToken funds. These addresses were reduced to two clusters which were identified following the incompetent privacy standards.” Of course, those are just suppositions. When it comes to the giant Huobi, nothing’s been proven. Feature Image by analogicus on Pixabay | Charts by TradingView
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
