Category Archive : S

Solana Highlands Movie Night – Del Mar Times

Solana Highlands Movie Night  Del Mar Times
Read more at www.delmartimes.net

Dogecoin, Ripple & Bitcoin – American Wrap 19 October

XRP price will dip before it breaks out

A brief technical and on-chain analysis on XRP price. Here, FXStreet’s analysts evaluate how Ripple bulls take control.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Investors prepare to sell on ETF news

Bitcoin price has historically sold off during the opening of any new derivative futures contract. Will this behavior continue? Ethereum price struggles to cross above the critical $4,000 level and may be held back pending any Bitcoin weakness. XRP price remains in a technical bear flag but is approaching a key time cycle that could trigger explosive price action.

Dogecoin price bullish outbreak preludes 37% profit for DOGE

Dogecoin (DOGE) price was on a tear yesterday, breaking three key elements that kept any further upside in DOGE price action muted. DOGE price this morning is seeing quite some substantial bullish inflow at the 55-day Simple Moving Average (SMA). A bullish outbreak would first target $0.29 and next $0.35 as profit levels.

Read more at www.fxstreet.com

SHIB coin news: Will Shiba Inu cryptocurrency coin break out again?

The Shiba Inu cryptocurrency coin may break out soon because of recent purchases from investors, per FX Street.

An ethereum whale recently spent $1.2 million to buy 49.9 billion Shib coins. The whale purchased the coins after it suffered a major dip in price.

  • “Historically, a dip in SHIB price is followed by whale accumulation and a second leg up. Traders are expecting another bullrun in SHIB,” according to FX Street.
  • Some of the rise will also come as you can buy it through the Coin Cloud ATMs, which are considered one of the world’s largest digital currency ATM platforms.

Shiba Inu coin’s recent success has led to a success for other meme-based crypto assets, such as Baby Doge coin and dogelon mars coin — both of which are loosely based off of Dogecoin, Shib coin and, well, Elon Musk, according to Bitcoin.com.

  • In fact, right now both dogelon mars and baby doge coin are “outshining their predecessors,” per Bitcoin.com. Shib coin has suffered a bit of drop after a “mysterious whale” bought “massive amounts of Shibu Inu,” per Yahoo Finance.

The Financial Conduct Authority, a group that reviews how people use money, warned potential investors that cryptocurrency coins can be risky for investment because of the shifting and volatile market.

  • “Investing in cryptoassets, or investments and lending linked to them generally involves taking very high…

Read more at www.deseret.com

SafeMoon bulls look for a breakout to $0.0000024

  • SafeMoon price is up as much as 13% on the Tuesday trade session.
  • A breakout above Senkou Span A positions SafeMoon to test $0.0000024.
  • Bitcoin futures ETF approval could weigh negatively on SafeMoon.

SafeMoon price is one of the best performers of the day, with moves as high as 13% above the open. While the breakout above $0.0000019 is bullish, momentum must be maintained to push SafeMoon above the Cloud to create clear bullish conditions.

SafeMoon price breaks out above $0.0000019; the next test is $0.000024

SafeMoon price action has one more resistance zone ahead: $0.0000024. The top of the Cloud (Senkou Span B) is the most substantial level in the Ichimoku Kinko Hyo system. It represents the most challenging level of resistance on the chart. The question now is this: does SafeMoon have enough momentum to breakout above $0.0000024? According to its oscillators, yes.

The Relative Strength Index has been in bear market territory since the beginning of the SafeMoon price chart history (May 2021 on this chart data). However, there are strong signs that the first conversion from a bear market to a bull market is coming. The Composite Index is about to…

Read more at www.fxstreet.com

A 14-Year-Old Made Over $400K by Selling a Whale NFT

14-year-old Abigail, also known as “PeachSunday” in the realm of digital art, has sold approximately $435,000 worth of non-fungible tokens (NFT) via the Solana network.

Read more at www.thestreet.com

Polkadot and Solana lead the altcoin rally, SOL price likely to double

  • 78% of Solana’s circulating supply is staked, fueling a bullish narrative for SOL price.
  • Solana ecosystem’s top five projects have over $1 billion in TVL each, driving higher utility for SOL. 
  • Using the Nakamoto Coefficient, Solana scores higher in decentralization than Bitcoin and Ethereum. 

Solana, also popularly known as the “Ethereum-killer’, has emerged as one of the fastest-growing cryptocurrencies in the ecosystem. The altcoin move into NFTs has attracted capital rotation from Bitcoin and Ethereum onto the SOL ecosystem. 

Analysts expect SOL to rally based on developments in the Solana network

Solana’s Ignition hackathon concluded with 568 new projects formed on the network’s blockchain. The new projects are expected to launch the next wave of cryptocurrency applications and web3 infrastructure on Solana. 

While Solana’s total…

Read more at www.fxstreet.com

Larix – Builds the Future of Decentralized Lending Gateways

Over the years, Solana (SOL) has done an excellent job in developing its ecosystem. Solana has also developed a censorship-resistant, fast, and secure blockchain platform which enhances an open ecosystem needed for global blockchain adoption.

As a result, investors are eager to buy Solana tokens. In addition to this, Solana is a platform that develops Decentralized Finance (DeFi), Web3, and blockchain-based gaming, allowing up to 50,000 transactions per second.

LARIX —SOL’s Leading Lending Platform

Larix, the Solana’s leading lending platform, now incorporates a dynamic interest rate model and stepped up its risk management capabilities, as such a broad selection of collateral types, crypto tokens, stablecoins, synthetic assets, NFTs, and other kinds of assets can be safely utilized.

Putting security as the first priority, Larix is the only lending…

Read more at bitcoinist.com

Shiba Inu Coin – Daily Tech Analysis – October 19th, 2021

Shiba Inu Coin

Shiba Inu Coin rose by 3.21% on Monday. Following an 8.10% rally on Sunday, Shiba Inu Coin ended the day at $0.00002865.

A mixed start to the day saw Shiba Inu Coin fall to a late morning intraday low $0.00002637 before making a move.

Steering clear of the first major support level at $0.0000246, Shiba Inu Coin rallied to a late intraday high $0.0000296.

While falling short of the first major resistance level at $0.000030, Shiba Inu Coin broke through the 23.6% FIB of $0.00002831 to end the day at $0.0000286 levels.

At the time of writing, Shiba Inu Coin was up by 1.01% to $0.00002894. A mixed start to the day saw Shiba Inu coin fall to an early morning low $0.00002846 before rising to a high $0.00002898.

Shiba Inu Coin left the major support and resistance levels untested early on.

For the day ahead

Shiba Inu Coin would need to avoid the 23.6% FIB of $0.00002831 and the $0.00002820 pivot to bring the first major resistance level at $0.00003000 into play.

Support from the broader market would be needed, however, for Shiba Inu Coin to break out form Monday’s high $0.0000296.

Barring an extended crypto rally, the first major resistance level and Monday’s high $0.0000296 would likely cap the upside

In the event of another breakout, Shiba Inu Coin could test resistance at $0.000032 levels before any pullback. The second major resistance level sits at…

Read more at www.fxempire.com

Shiba Inu climbs 15% after Elon Musk tweets again – Seeking Alpha

Shiba Inu climbs 15% after Elon Musk tweets again  Seeking Alpha
Read more at seekingalpha.com

Yes, NFT avatar projects are in a bubble. There’s no sustaining this oversaturated market

The collectible NFT market is looking well and truly saturated, leading to fears that a massive crash is on the horizon.

There’s at least 56 NFT collections launching this week on Solana, and at least 61 on Ethereum, according to a count by Stockhead using online NFT calendars. Most of these collections consist of thousands of images that are generally meant to be used as avatars on social media channels like Twitter.

Today and tomorrow on Solana alone, NFT launches include 5,000 angry chickens;  5000 “crazy and psycho” Shiba dogs; the Cardboard Box Coalition, 5000 strong; 6666 landscapes of planets in Alpha Centura; some 3,500 “bizarre bacteria”; and the 10,000 unique Degen Hamsters.

Read more at stockhead.com.au

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