Author: msmark

The value of the price floor for several leading Ethereum NFT collections has seen a significant drop over the last week, while Bitcoin Ordinals have increased. According to CoinGecko and Magic Eden, collections reported declines in the price floors of Bored Ape Yacht Club by 37%, Mutant Ape Yacht Club by 42%, and Pudgy Penguins by 38%. Conversely, the NodeMonkes Ordinals collection on the Bitcoin (BTC) blockchain has witnessed a 65% increase in value during the same timeframe. The price floor refers to the minimum price at which an NFT from a collection is available for sale. The fluctuation in…

2024.03.13 2024.03.13 Dollar catching at a straw. Forecast as of 13.03.2024Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/The US inflation report has saved the EURUSD bears. The market was ready to sell the USD, but better-than-expected data revived the US currency. Let’s discuss it and make a trading plan.Weekly fundamental forecast for dollarHope never dies. At least, it promises to hold until summer. The US February inflation report turned out hotter than expected but not hot enough to scare investors. As a result, fearless stock indexes updated all-time highs, and the EURUSD went on a roller coaster ride. The derivatives market has revised the odds of…

Ethereum is currently looking to gain a strong footing above the $4,000 price level as bullish momentum continues to dominate. According to crypto analyst Ali Martinez, this bullish momentum could continue and Ethereum could as well reach $5,000 very soon. Ali Martinez made this known while citing data from IntoTheBlock, noting that the second biggest cryptocurrency still has room to run to $5,000, albeit a small resistance around $4,522 to $4,646.  Ethereum Path To $5,000 Looks Increasingly Clear As Resistance Dwindles Ethereum’s momentum has been building for weeks amidst a broader crypto market increase, which has seen many cryptocurrencies reach…

Cryptocurrency analysts are abuzz with chatter surrounding NEAR Protocol (NEAR) as the token experiences a meteoric rise in value. The past month has been nothing short of phenomenal for NEAR, with its price leaping by an impressive 130%. Will NEAR Hit $8? This surge, which translates to an impressive $7.91 per token at the time of writing, has not gone unnoticed, igniting a firestorm of interest and speculation within the investment community. But is this a genuine upswing or simply a fleeting fad? Source: CoinMarketCap Breaking A Downtrend Or Chasing A Fad? While some analysts, like the prominent Rekt Capital,…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin has had another period of intense and record-breaking success, spurred on both by positive developments in international business and by increasingly large commitments from the spheres of traditional finance. It’s truly stunning how well Bitcoin has been performing throughout the first quarter of 2024. The year began with Bitcoin’s valuation crossing the $40k mark, and March 1 saw a persistent…

Blast, the layer-2 network created by Blur founder Tieshun Roquerre, halted on March 13 after a major Ethereum upgrade shipped.  L2 protocol Blast stopped block production following the deployment of Dencun, an Ethereum update designed to slash gas fees on layer-2 solutions. The Blast team did not specify the Dencun-related issues; however, on-chain data showed that the Blast mainnet ceased finalizing transactions for nearly an hour. Core engineering contributors are working on a fix. We’ll share an update and post-mortem once the fix is live. ETA 30-60 minutes. Blast team on X Roquerre, commonly known as Pacman, raised over $20…

Share: Gold price attempts for a firm footing, although the near-term outlook remains uncertain. Stubborn US inflation for February has increased the uncertainty over Fed rate cuts in June. Investors will shift focus to the US PPI and Retail Sales data for February. Gold price (XAU/USD) trades slightly in the green in Wednesday’s early New York session but has an uncertain outlook in the near term as investors have scaled down expectations of Federal Reserve (Fed) rate cuts in June. The precious metal recorded its second-largest single-day decline in a month on Tuesday after the United States Consumer Price…

As the Bitcoin price continues on an upward trajectory that has sent it toward new all-time highs, breaking above $73,000 this week. With this increase, the vast majority of BTC holders are currently seeing a profit, and large whales are taking advantage of this to cash out some profit. Large Bitcoin Whales Sell-Off Coins Crypto analyst Ali Martinez took to X (formerly Twitter) to share a chart that showed that large Bitcoin whales were selling off some of their coins. These large whales are those that hold at least 1,000 BTC in their wallet, which means on the lower end,…

Crude Oil Prices and AnalysisUS benchmark crude is closing in on $79/barrel againOPEC has stuck with its relatively bullish medium-term demand forecastsUS stockpiles unexpectedly shrank last weekLearn how to trade oil with our complimentary trading guide Recommended by David Cottle How to Trade Oil Crude Oil Prices rose sharply on Wednesday as the markets mulled over some rather bullish demand forecasts from the Organization of Petroleum Exporting Countries released in the previous session.The major producers’ group predicts substantial global oil demand growth in the years ahead. It stuck with its previous view that 2024 will see overall increases of 2.5…