Author: msmark

The on-chain analytics firm Glassnode has explained that Bitcoin tends to reach a potential top when the long-term holders show this pattern. Bitcoin Long-Term Holders Have Been Ramping Up Distribution In a new report, Glassnode discussed the influence that the BTC long-term holders have on the cryptocurrency’s supply dynamics. The “long-term holders” (LTHs) here refer to the Bitcoin investors who have been holding onto their coins for more than 155 days. The LTHs comprise one of the two main divisions of the BTC user base based on holding time, with the other cohort known as the “short-term holders” (STHs). Historically,…

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin previously reached an all-time high, while JasmyCoin (JASMY) has demonstrated a remarkable surge of over 10% in the past week. JasmyCoin distinguishes itself by integrating Internet of Things (IoT) capabilities with blockchain technology to create a secure data exchange ecosystem. Being the first crypto coin officially recognized on a Japanese exchange, JasmyCoin has attracted considerable attention from investors worldwide. This article delves into a comprehensive analysis of JasmyCoin’s price forecast and highlights a new crypto presale initiative that rewards users for accurately predicting Bitcoin’s price. Jasmy…

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…

Dogecoin has seen a steady rise in activity in the past two days to reverse the period of stagnancy recorded earlier in the week. At the time of writing, DOGE is up by 7% in the past 24 hours, reversing some of the corrections it has experienced in the past week. Turns out some Dogecoin whales have been going on a massive buying spree, as indicated by on-chain data.  Popular crypto analyst Ali Martinez highlighted this accumulation trend by tweeting that DOGE whales have bought over 25 million DOGE worth around $3.75 million in the past three days.  Crypto Analyst…

Join Our Telegram channel to stay up to date on breaking news coverage The Shiba Inu price jumped 7% in the last 24 hours to trade at $0.00002707 as of 6:00 a.m. EST on trading volume that increased 2.4% to $1.77 billion. SHIB price’s increase in the last 24 hours comes after several days of correction, finally finding a bottom at around $0.0000255. Now, the popular meme coin is trying to breach a resistance at $0.000028. SHIB’s price increase started only a short while after Gate.io announced that Shiba Inu’s governance token, $BONE, became available for margin trading. BONE plays…

Lululemon Athletica plunges below $400 for first time in five months. Full-year guidance cut to $250 million below consensus. LULU stock halts fall near long-time support of $386.50. Q4 earnings and revenue arrive above consensus.   Wall Street favorite Lululemon Athletica (LULU) stock took a punch to the gut on Friday after management’s 2024 revenue outlook underwhelmed analysts. The athleisure stock fell more than 18% at one point to $387, dropping below $400 for the first time since last November. However, LULU stock recovered somewhat to $403.19, down 15.8%, by the close close. Call it a case of expectations getting too far ahead…

The development team behind the dog-themed meme coin Floki Inu has unveiled its highly anticipated roadmap for 2024, revealing several upcoming features and utility-focused initiatives.  Notable highlights include the launch of regulated digital banking accounts, integration with the Venus decentralized finance (DeFi) protocol, the Floki debit card’s introduction, and the Valhalla mainnet’s upcoming release. Floki Inu Aims To ‘Bank The Unbanked’ Floki Inu plans to introduce regulated digital banking accounts, enabling users to create and fund bank accounts using FLOKI tokens.  In partnership with an unnamed licensed fintech company operating in key jurisdictions such as Canada, Spain, Dominica, Australia, and…

The native token of a crypto project focused on real-world asset (RWA) tokenization has surged 69% in the past week amid the rollout of a new private blockchain. Polymesh (POLYX) is a public blockchain purpose-built for RWA tokenization. The project’s native token, POLYX, is trading at $0.415 at time of writing, up from $0.245 one week ago. The 192nd-ranked crypto asset by market cap is up 7% in the past 24 hours. On Monday, the project announced the launch of Polymesh Private, a confidential version of the network’s public permissioned blockchain. Polymesh notes that companies can use the new private…

2024.03.22 2024.03.22 WTI Crude Oil: Elliott wave analysis and forecast for 22.03.24 – 29.03.24Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/Main scenario: consider long positions from corrections above the level of 76.80 with a target of 84.65 – 88.55.Alternative scenario: breakout and consolidation below the level of 76.80 will allow the asset to continue declining to the levels of 63.67 – 55.00.Analysis: a downside correction presumably continues developing as second wave of larger degree (2) on the daily time frame, with waves A of (2) and B of (2) completed as its parts. Wave С of (2) is developing on the H4 time frame, with the…

Cryptocurrency traders constantly look for the next big project to yield significant profits. However, not all of their investments result in massive gains. A recent report by Lookonchain revealed that a trader lost more than $1 million within three days. When Buying High Doesn’t Result In Selling Higher According to the blockchain research platform Lookonchain, a crypto trader lost 6,039 SOL over the last three days after FOMO-buying a memecoin. Per the report, the trader bought Slerf (SLERF) for 4,958 SOL, worth around $1 million. The different transactions occurred when the price hovered between $0.8 and $1.4 on its launch…