Bitcoin Price Prediction 2023, 2024, 2025, 2030: What to Expect from the First Cryptocurrency?

Bitcoin Price Prediction 2023, 2024, 2025, 2030: What to Expect from the First Cryptocurrency?

Post By Cryptocurrency bitcoin, bitcoin price prediction, btc, crypto price prediction, price analysis

Bitcoin has always been the main cryptocurrency, whose price has been changing over the years. Let’s paint a multifaceted picture of token changes and understand what factors influence BTC to get a comprehensive Bitcoin price prediction.

Bitcoin Overview

Bitcoin, once a novel concept within tech circles, has earned its place among both retail and institutional investment portfolios, marking its burgeoning legitimacy and disruptive potential in finance.

Its trading profile is marked by stark volatility — a magnet for those chasing significant returns but a red flag for the risk-wary. This unpredictability is influenced by diverse elements, from tech innovation to regulatory changes and broader economic indicators.

Current Price	$35,420
Market Cap	$691.9B
Volume (24h)	$16.93B
Market Rank	#1
Circulating Supply	19.54M BTC
Total Supply	19.54M BTC
1 Month High / Low	$35,720.08 / $26,626.92
All-Time High	$68,789.63 Nov 10, 2021

Investment perspectives on Bitcoin are polarized. It’s a vehicle for short-term speculation as well as a long-term asset, bolstered by its limited supply and growing demand.

Today’s Bitcoin milieu is tinged with careful optimism. While global economic shifts impact it, Bitcoin’s consistent rebound from downturns reveals its grit and evolution. The “halving” events, periodically reducing miner rewards, inject a deflationary aspect to its allure for long-haul investors.

BTC Price History

Throughout 2010, Bitcoin’s value lingered below $1, but in 2011, it finally hit that mark. Coverage by niche publications like Slashdot and Hacker News boosted its profile, which correlated with a significant increase in network hash rate from 401 to 628 gigahashes per second between February 25 and 27, 2011, though it soon fell to 392 and then climbed back up to 774 gigahashes per second.

In April 2011, TIME magazine spotlighted Bitcoin, which helped propel its value to $32 by June — only to fall back to $10 shortly after. WikiLeaks also started accepting Bitcoin donations that month. However, after a security breach at Mt.Gox, Bitcoin’s value plummeted from $17 to a mere $0.01. The following year, it recovered to $4.6 and closed at $13.44, marking the year of Bitcoin’s first halving.

By 2013, Bitcoin hit the $1,000 milestone, peaking at $1,153 on November 30. It wouldn’t surpass this level until January 5, 2017. In 2014, Mt.Gox suffered another hack, with 744,000 Bitcoins stolen. 2016 saw another halving and the Bitfinex hack, resulting in a loss of 120,000 Bitcoins.

The onset of 2017 saw Bitcoin at $960, but by December, it had soared to an all-time high of $19,483, pushing its market capitalization beyond $330 billion. However, 2018 was tumultuous, with the value dropping from $13,800 at the start to just $3,800 by year’s end, including a significant dip to $9,800 on January 17.

BTC Price Chart

BTC Price History. Source: CoinMarketCap, 8 Noveber 2023

In June 2019, Bitcoin briefly reached $13,785, coinciding with the anticipated launch of Bakkt. Despite this, the platform’s underwhelming appeal to institutional investors saw Bitcoin’s value slide from $10,036 to $6,657 within months.

2020’s volatility was no less dramatic, with Bitcoin fluctuating from $7.2 thousand in January to $10.5 thousand in February and then plummeting to $3.8 thousand. By December, it had rallied to $19,000. In 2021, Bitcoin continually reached new heights, from $40,700 in January to a staggering $61,100 by March, peaking at $63,600 in April before declining and rebounding in a turbulent pattern throughout the year.

The end of September 2021 marked another bullish trend, with Bitcoin jumping to $50 thousand and eventually reaching a peak of $66.4 thousand on October 20. Early November saw a slight retreat to $65.8 thousand.

2022 brought further shifts influenced by geopolitical and economic factors. Unrest in Kazakhstan, a hub for Bitcoin mining, triggered a drop in value. Decisions by the US Federal Reserve to hike interest rates and reduce the central bank’s balance contributed to the decline, aligning with predictions of a tougher monetary stance by Goldman Sachs.

The year continued with fluctuating values, from a high of $48,000 in March to a low of $33.4 thousand, the weakest since the previous summer. In May, a stark drop to $28 thousand was followed by a plunge to $19 thousand. On June 18, the coin’s value sank to $17 thousand, marking an $800 billion decline in crypto capitalization, further compounded by the collapse of LUNA and TerraUSD and the bankruptcy of the FTX exchange, culminating in a trading value of $29,000 for Bitcoin.

The price started slightly declining in August 2023 and reached the $26,000 mark. It stayed on the same level until the middle of October. Then it began reaching new heights quite quickly. As of now, it’s over $35,000.

Bitcoin Price Predictions

Bitcoin (BTC) Price Prediction 2023

According to PricePrediction, BTC will keep growing until the end of this year. Already in November, it can reach $35,669 (+2.83%), and it will finish 2023 at the $37,299 mark (+7.53%).

WalletInvestor is even more optimistic about the token, saying BTC will step over the $40 thousand mark (+15.3%) this December, and its final price will be $41,659 (+20.1%).

PricePredictions experts have the highest expectations for the coin. They believe that the minimum BTC price in December 2023 will be $41,645 (+20.06%). However, in the case of positive changes, it will grow to $62,468 (+80.1%).

Bitcoin Price Prediction 2024

Most experts suppose that this rise will continue in 2024. PricePrediction believes BTC will cost from $39,224 (+13.1%) to $44,950 (+29.59%) in July, and the lowest price for December will be $45,732 (+31.8%). However, if the coin meets expectations, it will reach $55,310 (+59.46%) by the same time.

CoinCodex is even more positive about Bitcoin. Although it says that its yearly low will be just $29,439 (-15.12%), it also believes that it will reach $129,127 (+272.28%).

WalletInvestor isn’t so sure about the future of BTC. According to the analysis, its price will be around $26,000 (-25%) in August 2024. The end of the year will be even more pessimistic, as the average cost per coin will decrease to $23,664 (-31.77%).

Bitcoin Price Prediction 2025

As per PricePrediction’s forecast, BTC won’t stop growing in 2025. The year will start at about $49,764 (+43.47%) and finish at $68,191 (+96.6%).

PricePredictions has an even more optimistic outlook on BTC. In January 2025, its minimum price will be over $88,000 (+153.7%), and it’ll reach $100 thousand (+188.3%) in June. Bitcoin will grow to $111,118 (+220.36%) in December, according to the most negative scenario. As for the more optimistic outcome, it’ll get to $131,953 (+280.4%) by the same time.

Yet, WalletInvestor still supposes the token won’t reach new heights in 2025. BTC will start the year at the 23-thousand-dollar mark (-33.68%). Then the price will slightly decline, bringing Bitcoin to $14,553 (-58.04%) in December.

Bitcoin Price Prediction 2026

Most predictions for 2026 are still optimistic. CoinCodex expects BTC to cost at least $78,579 (+126.5%). As for their positive scenario, the token will get to $105,580 (+204.39%) that year.

PricePredictions agrees with this opinion. It considers that the lowest price of BTC in 2026 will be $123,330 (+255.57%) in January. It will reach its highest point in December, costing from $145,502 (+319.49%) to $166,288 (+379.42%).

But WalletInvestor doesn’t believe BTC will get to such a level. The coin will decrease to $9,895 (-71.47%) in May 2026 and will keep getting lower. Its approximate price at the end of the year will be $5,383 (-84.48%).

Bitcoin Price Prediction 2030

Most analysts are sure that BTC will get over the six-figure mark in 2030. According to PricePredictions, it will be around $294,989 (+750.48%).

CoinCodex isn’t so optimistic, but it still believes that the coin will cost from $144,803 (+317.48%) to $266,445 (+668.18%) in 2030.

DigitalCoinPrice considers the most positive scenario. As its experts say, the lowest price will be $337,720 (+873.67%), but its highest point will be $361,970 (+943.59%).

BTC USDT Price Technical Analysis

Source: Tradingview, 8 November 2023

BTC Price Predictions: Experts’ Opinions

Many experts harbor a bullish outlook for Bitcoin as we approach 2024, a period that’s slated to mark the next Bitcoin halving event. It’s a significant occurrence that unfolds every four years, where the rewards granted to Bitcoin miners are slashed by half — this time, reducing from 6.25 to 3.125 BTC.

The potential approval of a spot Bitcoin Exchange-Traded Fund (ETF) by the end of 2024 is a topic of consensus among approximately 80% of analysts. Should such an approval come to fruition, it’s expected to further fuel Bitcoin’s price growth into 2025. Opinions vary, though; while 60% of experts agree that the approval of a spot Bitcoin ETF would likely propel the cryptocurrency’s value upward, 47% are even more optimistic. Those experts project that, should the ETF be greenlighted, Bitcoin could surpass its previous all-time high before the close of 2025.

Echoing this sentiment from a corporate perspective is Andrew Kang, the Chief Financial Officer of MicroStrategy. He articulates the company’s unwavering resolve to continue acquiring and holding Bitcoin. This stance is buttressed by what he refers to as the “promising backdrop of increased institutional adoption,” signaling a robust confidence in the cryptocurrency’s growth.

Factors Affecting BTC Price

Market demand is a primary driver. This demand is shaped by public perception of the intrinsic value of Bitcoin, which can be swayed by media coverage, investor sentiment, and the adoption of cryptocurrency by mainstream finance.

Regulatory developments are crucial. As governments grapple with how to approach cryptocurrency regulation, their policies can encourage a thriving market or instigate volatility.

Also, halving events introduce new scarcity to Bitcoin’s supply dynamics, leading to price increases as supply tightens and demand grows.

Summary

Overall, while the predictions are varied, with some anticipating substantial growth and others advocating caution, one thing is certain: Bitcoin’s role in the financial sector is transformative, and if it meets expert expectations, it will keep reaching new highs annually.

FAQ — Is It Still Good to Invest in Bitcoin?

BTC has potential for growth, making it a profitable investment for the next few years.

Will Bitcoin Price Fall in 2023?

According to most analysts, it will rise and even reach $62,468 in some forecasts.

Why Will Bitcoin Go Up in 2023?

The main reason for the growth is the expectation of BTC halving in 2024.

How Much Will Bitcoin Be Worth in 2025?

Predictions vary widely, with some optimistic scenarios suggesting it could surpass $100,000.

How Much Will 1 Bitcoin Be Worth in 2026?

Estimates for Bitcoin in 2026 suggest a range from a continued bullish trend above $146,000 to more conservative estimates of around $10,000.

What Will Be the Price of Bitcoin in the Next 5 Years?

In the next five years, Bitcoin’s price could see significant growth, potentially reaching six figures.

What Will $100 of Bitcoin Be Worth in 2030?

If Bitcoin continues its growth trend, it will reach $361,970 that year.

How Much Bitcoin Is Worth in 2050?

If the positive trend continues, it will reach the $500 thousand mark per token.

Where to Buy Bitcoin (BTC)?

StealthEX is here to help you buy Bitcoin. You can do this privately and without the need to sign up for the service. Our crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy BTC Coin?

Just go to StealthEX and follow these easy steps:

Choose the pair and the amount you want to exchange. For instance, ETH to BTC.
Press the “Start exchange” button.
Provide the recipient address to transfer your crypto to.
Process the transaction.
Receive your crypto coins.

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: Bitcoin Bitcoin price prediction BTC crypto price prediction price analysis

Source link

#Bitcoin #Price #Prediction #Expect #Cryptocurrency

Litecoin Price Prediction 2023, 2024, 2025-2030: Will LTC Coin Reach $1000?

Post By Cryptocurrency crypto price prediction, litecoin, ltc, price analysis, price prediction

Litecoin (LTC) crypto was founded in 2011 by Charlie Lee, a former Google employee. Although Litecoin is similar to Bitcoin in many ways, some interesting aspects have been changed. This has helped Litecoin to find its audience and to become a key part of the crypto asset world. Litecoin has maintained a spot in the top-15 cryptocurrencies in terms of market value despite its lack of support for smart contracts and remains a well-known and trusted cryptocurrency. What to expect from crypto silver in the future? Read more about Litecoin price prediction in the new StealthEX article.

Current LTC Price	LTC Crypto Price Prediction 2025	LTC Crypto Price Prediction 2030
$63.62	$246.11	$707.63

Litecoin Overview: Silver In The World Of Crypto

An open-source global peer-to-peer (P2P) cryptocurrency network called Litecoin enables users to transmit payments quickly and cheaply around the globe. The speed, scalability, and centralization problems that the Bitcoin network was plagued by led to the creation of the Litecoin network, which was launched on October 13, 2011.

With rapid transaction confirmations, Litecoin is intended to be the perfect digital asset payment option for both consumers and businesses. It secures the network via a Proof-of-Work (PoW) consensus, like Bitcoin. However, compared to Bitcoin, its network uses a different hashing method. While Bitcoin employs SHA-256, Litecoin makes use of Scrypt.

Charlie Lee, a Massachusetts Institute of Technology (MIT) alumnus and former Google employee, invented Litecoin in October 2011. In order to address the sluggish transaction speed and lack of scalability of Bitcoin, Lee made the decision to develop a ‘lighter’ version of Bitcoin that would enable faster transactions and more scalability, as well as cheaper transaction fees.

Lee began working for Coinbase as the Director of Engineering in 2013. Litecoin’s price jumped tenfold, from $3 to $30, when this information hit the market. In December 2017, when the value of Litecoin reached its pinnacle, Lee sold all of his assets. Lee retired from Coinbase in 2017 and is now in charge of the Litecoin Foundation, which is dedicated to advancing Litecoin.

Litecoin Price History

Litecoin quickly found listings on various exchanges and its price reached 30 cents. Between 2011 and 2013, its price varied from a few dozen cents to $3. But starting in November 2013, Litecoin’s price went on its first exuberant bull run over a matter of days. The price multiplied by more than a factor of ten to reach about $34.

With the 2014 bear market and the scandal that engulfed Mt.Gox exchange, Litecoin’s price collapsed to around $1-2 in January 2015.

After a slight lift in spring 2015, Litecoin consolidated for the next two years with its price holding around $3. But in late March 2017, Litecoin began its second climb. It went from $7 at the end of March to $54 by July 2017 and reached $76 in September of that year.

In the final two months of 2017, Litecoin was part of the cryptocurrency bubble and its price sky-rocketed. It hit its all-time high of around $314 on 19 December 2017. In 2018, Litecoin, along with the rest of the cryptoverse, crashed and in December, its price fell to $24.

The next year, Litecoin restarted its upward swing and its price climbed to $137 in June 2019, before falling back to $37 in the second half of 2019. Since summer 2020, it has participated in the new bull market and reached its absolute all-time high of $412.96 in 2021. At the moment, LTC costs $63.61 as the bear market is still ongoing.

LTC Price Chart

Litecoin Price History. Source: CoinMarketCap, 21 September 2023

Current Price	$63.62
Market Cap	$340,353,597
Volume (24h)	$340,353,597
Market Rank	#15
Circulating Supply	73,677,158 LTC
Total Supply	84,000,000 LTC
1 Month High / Low	$70.22 / $58.04
All-Time High	$412.96 May 10, 2021

Litecoin Price Prediction

Litecoin Price Forecast for the End of 2023

DigitalCoinPrice experts believe that the cryptocurrency can either drop to a minimum of $57.38 (-14%), or double in price up to $142.63 (+111%) at its highest point.

PricePrediction analysts think that Litecoin will make gains until the end of 2023: its minimum price will go as high as $92.98 (+37%), while at its peak Litecoin can reach $105.02 (+55%).

WalletInvestor experts are of the opinion that by December 2023, the price of crypto silver can lose half of its current value: $31.092 (-53%), while at its peak it can reach $155.455 (+130%).

Litecoin Price Prediction 2024

DigitalCoinPrice experts give an optimistic prediction for Litecoin: they believe that in 2024, its minimum price will be $144.53 (+114%), while at its peak it might climb to $174.78 (+159%).

PricePrediction website analysts also think that in 2024 Litecoin might considerably rise in price. According to their calculations, LTC price can reach $136.01 (+101%) at its lowest point and $160.96 (+138%) at its peak.

WalletInvestor crypto analysts believe that Litecoin can experience a sharp decline in price, when it will hit $1.507 (-97%) at its lowest point and give a very broad prediction for the cryptocurrency. At its maximum in 2024, Litecoin might reach $128.243 (+90%).

Litecoin Price Prediction 2025

DigitalCoinPrice experts believe that in 2025, LTC will continue rising in price. Based on their forecasts, Litecoin might go as high as $246.11 (+265%) per coin at its peak. Its minimum price can drop to $198.65 (+194%).

WalletInvestor analysts give the same broad prediction for Litecoin in 2025: they believe that by the end of December 2025 it may either drop to a fraction of its current price to reach $0.000001 (-99%), or it can rise in price to a maximum of $108.359 (+60%), which will still be lower than their maximum price prediction for the year 2024.

In contrast to WalletInvestor, PricePrediction experts believe that Litecoin will continue rising in price: at its peak it might go as high as $237.12 (+251%), and it may also drop to a minimum of $199.61 (+196%).

Telegaon analysts think that in 2025, Litecoin’s minimum price will drop to $263.19 (+290%), while at its peak, it might reach $365.23 (+442%).

Litecoin Price Prediction 2030

According to DigitalCoinPrice, Litecoin will continue rising in price. In 2030, LTC crypto might go as high as $707.63 (+950%) per coin. It can also experience a decline in price to a minimum level of $656.76 (+874%).

PricePrediction claims that by 2030, the price of Litecoin will skyrocket. According to their website, LTC might reach $1,565.15 (+2,222%) at its absolute peak in 2030, and it can also drop to a minimum of $1,305.41 (+1,837%).

Telegaon experts believe that in 2030, Litecoin will considerably rise in price to reach $688.12 (+921%) at its lowest point. Its maximum price might reach $750.24 (+1,013%).

Litecoin Price Prediction 2040

According to Telegaon forecasts, by 2040 LTC crypto will experience a further boost in price: the highest price Litecoin is forecasted to reach is a staggering $1,543.93 (+2,191%) per coin. It can also drop in price to a minimum of $1,207.34 (+1,691%) per coin.

LTC USD Price Technical Analysis

Source: Tradingview, Data was taken on September 21

LTC Price Predictions: Experts’ Opinions

While Litecoin’s early stages did not receive widespread acceptance, it needed time for LTC to develop that trust and strive towards it. It undoubtedly became a market leader and is still strong today. Many cryptocurrency specialists believe that the market cap of Litecoin has enormous potential.

For instance, they believe that the price of Litecoin will steadily rise. Experts from CoinPriceForecast believe that the forecasted Litecoin price at the end of 2023 is $89.40 – and the year to year change +29%. In the first half of 2024, the Litecoin price will climb to $110.06; in the second half, the price would lose $6.70 and close the year at $103.36, which is +25% to the current price.

And while Litecoin’s recent halving didn’t lead to any surges in price, the price of Litecoin could go up in the future due to factors such as increased adoption by merchants and businesses, FOMO (fear of missing out), and positive news about Litecoin.

Now that we’ve seen what the future can bring for Litecoin, let’s find out a bit more about its features and the opinions of crypto experts.

Litecoin: Features

Litecoin was specifically designed to reduce the amount of time it takes to validate a new block, and to uphold storage efficiency. In this section, we’ll take a look at some of its properties:

Transaction speed. Litecoin has a transaction processing speed of 54 TPS, which is significantly higher than Bitcoin’s transaction processing speed of 5 TPS.
Scalability. The block mining time for Litecoin is two and a half minutes, which is four times faster than the ten minutes it takes for Bitcoin to generate blocks. As a result, Litecoin’s network is able to achieve a higher throughput.
Decentralization. The Scrypt hashing algorithm is used to power Litecoin’s PoW consensus mechanism, giving the network a lower barrier to entry and allowing more individuals to participate in the Litecoin mining process.
Transaction fees. The fee structure of Litecoin is 1/50th the size of Bitcoin’s, which drastically reduces transaction costs.
Security. Litecoin’s Scrypt hashing is designed to be more secure than alternative functions against hardware brute-force attacks. Even after a decade, Litecoin hasn’t suffered any major exploits, demonstrating its reliability as a cryptocurrency.
Privacy. Litecoin is also a privacy cryptocurrency. The MWEB (MimbleWimble Extension Block) upgrade allows users to opt in as necessary to conduct private transactions, and transaction anonymity is guaranteed, so that a transaction amount is known only to the sender and receiver.

Factors Affecting Litecoin Price

Technical analysis is a tool that can help predict Litecoin’s price movements. Technical analysts use charts and other tools to evaluate market trends and identify potential price movements. Some key indicators used in technical analysis include moving averages, support and resistance levels, and momentum indicators. During its history, Litecoin was doing well and even hit considerable all-time highs a couple of times. This may show that LTC has good potential and can give returns during a new bull market. If, as analysts claim, we are to expect it in 2024, Litecoin will surely be at the forefront of altcoins.

Risks and Opportunities

In conclusion, a variety of factors, including market variables, cryptocurrency trends, news and events, technical analysis, and investor sentiment, all have an impact on the price of Litecoin. You may invest in Litecoin with greater confidence if you comprehend these elements and how they relate to one another.

It’s important to remember that the cryptocurrency market is still in its infancy, which makes it extremely vulnerable to price swings and volatility. Investors may benefit greatly from this volatility, but there are also many hazards involved. As a result, when investing in Litecoin, it’s crucial to have a long-term investment strategy in place. While opportunities are many, crypto assets still remain a risky form of investment for professionals.

Litecoin Halving

Whenever miners complete a block, they earn LTC rewards. However, as with Bitcoin halving, the mining rewards for Litecoin decrease over time. Based on the previous LTC halving event on August 2, 2023, Litecoin now offers 6.25 LTC per completed block.

The next halving event will take place on July 31, 2027, and will decrease mining rewards to 3.125 LTC per completed block.

Is Litecoin A Good Investment?

Rather than focusing on its functionality, many investors are interested in Litecoin as a potential long-term holding. They speculate that Litecoin will build relative wealth over time like other investments. Litecoin is also one of the oldest cryptocurrencies on the market, which makes it more trustworthy in the eyes of investors.

Additionally, cryptocurrencies usually use a technology known as blockchain to create services that can run without a controlling authority such as a central bank. While the use of crypto for payment remains far from being the norm, Litecoin is positioning itself as a leader in that area.

Will Litecoin Go Up?

Litecoin is a reputable cryptocurrency with a solid community and a long track record. According to many long-term price projections, LTC deserves attention due to its growing adoption, dominance, and past bullish momentum.

Will Litecoin Reach $500?

Many experts believe that this can happen between 2025 and 2030, and it wouldn’t be surprising.

Will Litecoin Reach $1000?

Litecoin might hit the $1000 price level by the end of 2030. In a short amount of time, crypto assets can yield profits of more than 1000X. Numerous cryptocurrencies, including Shiba Inu and Ethereum, have enjoyed surprising price increases. With sound fundamentals, any cryptocurrency can experience the same thing. Long-term Litecoin price forecasts are only indicative, thus it is always wiser to depend on price analysis and temper your optimism when making investments.

Can Litecoin Reach $5000?

Litecoin has a good chance to reach $5000, however, it will not happen too soon. Nonetheless, LTC has many use cases in real life and has a huge supporting community behind it, which can certainly help its price to increase in the future.

Litecoin vs Bitcoin

Litecoin is often compared to Bitcoin, however, they both have a number of considerable differentiating traits. The first difference between Litecoin and Bitcoin lies in their maximum supply cap. Bitcoin has a supply capped at 21 million, while Litecoin’s supply is constrained to 84 million.

Another distinction between Litecoin and Bitcoin lies in the protocols to mine coins. As mentioned earlier, Bitcoin uses SHA-256 and Litecoin relies on a modified version of Scrypt to generate coins. The difference in protocols has implications on transaction processing times for both coins. The slow transaction speed frustrates merchants who want to accept Bitcoin as payment. You can wait up to an hour, on average, for the six confirmations required for a Bitcoin transaction. Litecoin is certainly more preferable than BTC in this relation: LTC is four times as fast as BTC in processing and confirming transactions.

The speed in processing transactions can come at the expense of security because fewer rounds of transaction verification are involved. Litecoin’s confirmation time of 2.5 minutes (as opposed to the roughly 10 minutes that Bitcoin takes to confirm transactions) is convenient for small merchants who do not want or need their transactions to be super secure.

In 2017, Litecoin adopted ‘Segregated Witness,’ a technology that helps cryptocurrencies add more transactions into each block. Later that year, the first Lightning transaction was completed on Litecoin, a development that showcased how it could use a layered network design.

Additionally, Litecoin has added a privacy feature to its network. MimbleWimble, named after the tongue-tying spell in Harry Potter, is a privacy and scalability upgrade deployed on the Litecoin network on May 19, 2022.

Where Can You Buy LTC Coin?

StealthEX is here to help you buy LTC coin if you’re looking for a way to invest in this cryptocurrency. You can do this privately and without the need to sign up for the service. Our crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

Just go to StealthEX, choose the amount and cryptocurrencies you want to swap to Litecoin, for example, ETH to LTC, and click Start Exchange.

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: crypto price prediction Litecoin LTC price analysis price prediction

Source link

#Litecoin #Price #Prediction #LTC #Coin #Reach

MANA Price Prediction 2023, 2025, 2030-2050: Can Decentraland Coin Reach $100?

Post By Cryptocurrency crypto price prediction, decentraland, mana, metaverse, price analysis

MANA Price Prediction: Can Decentraland Coin Reach $100?

One of the fields the crypto industry has opened access to is metaverses, emerging digital spaces that use virtual reality and augmented reality. There’s a number of projects that work on creating this kind of game platform, and one of the most well-known is Decentraland. Decentraland is a three-dimensional simulation of reality that features its own cryptocurrency, MANA. Initially released in 2020, this open-world metaverse represents a 3D user-owned digital game built on Ethereum. Let’s take a look at the project’s probable popularity in the future. Read more about MANA price prediction in the new StealthEX article.

Decentraland Overview: A Virtual World According to Your Taste

Current Price	$0.369
Market Cap	$697,570,008
Volume (24h)	$42,607,686
Market Rank	57
Circulating Supply	1,893,095,371 MANA
Total Supply	2,193,179,327 MANA
1 Month High / Low	$0.4452 / $0.3589
All-Time High	$5.9 Nov 25, 2021

What is Decentraland? It is software running on Ethereum that seeks to incentivize a global network of users to operate a shared virtual world. Users of Decentraland can explore, engage, and play games in this virtual environment while buying and selling digital property. The platform has developed over time to include user-interactive apps, in-world payments, and peer-to-peer communication. In Decentraland, operations are governed by two distinct sorts of tokens:

LAND is a non-fungible token (NFT) used to specify who owns land parcels that serve as representations of virtual property.
MANA makes it easier to buy LAND as well as digital items and services for usage in Decentraland.

The initial supply of the token is pegged at 2.8 billion MANA. The LAND auctions have seen up to 600 million MANA burned. The figure is likely to plummet with time due to burning mechanisms that have been put in place. This mechanism includes a 2.5% MANA burn on every transaction on the Decentraland marketplace. During the Initial Coin Offering of MANA, about 40% of the tokens were sold. More so, the team retained 20% to incentivize the community, while 20% of the token went to the development team and others that contributed to the project at its development stage. Lastly, 20% was as well held by Decentraland.

Decentraland (MANA) Price History

MANA Price History. Source: CoinMarketCap, 10 August 2023

In September 2017, MANA started trading at about $0.02. For the following few months, there was no price growth, and MANA occasionally fell below $0.01 due to small drops. By the end of the year, prices had broken $0.1 after starting to trend upward in December.

In 2018, the uptrend continued, peaking in January at $0.3. Over the course of the following week, prices fell to $0.08, and the remainder of the year was largely spent in decline.

Throughout the first few weeks of 2019, MANA’s price fell steadily, reaching a low of $0.03 in February. After that, the first quarter saw some rises, with prices peaking at $0.08 at the end of March. The following few months took a downward turn after remaining stable until July, and MANA touched a low of $0.02 at the end of November. By the end of the year, MANA had recovered $0.03 following a trend reversal.

Prices rose as high as $0.07 in February 2020 due to persistent bullish momentum, but MANA soon dropped to a low of $0.01 in March following an almost 50% drop in value in a single day. This signaled the beginning of a phase of gradual expansion that turned exponential in August when prices hit $0.13. MANA consolidated for the remainder of the year and finished 2020 with a value of $0.08, more than double the year’s beginning price.

As MANA continually recorded higher highs and lower lows throughout January and February of 2021, the rally picked back up. In the first half of March, the price gain became steeper, and for the following several weeks, MANA was more volatile, with regular pullbacks of over 30%. MANA achieved an all-time high of $1.68 on April 17, 2021, when its market cap was more than $2.1 billion. This indicated an increase of 2,000% for the entire year. At the moment, the price of MANA stays around a price level of $0.3. MANA’s price trajectory as a whole frequently follows a boom-and-bust cycle. This is a trend where there is a rise in price during a time of increasing excitement, followed by a decline when doubt and disillusionment set in.

MANA Price Prediction 2023, 2025, 2030-2050

Current MANA Coin Price	MANA Price Prediction 2023	MANA Price Prediction 2025	MANA Price Prediction 2030	MANA Price Prediction 2040	MANA Price Prediction 2050
$0.369	$0.81	$1.34	$35.63	$108.31	$265.12

Decentraland Price Prediction 2023

DigitalCoinPrice crypto analysts believe that the price of MANA will rise insignificantly: according to their website, the minimum price of Decentraland coin might drop to $0.33 (-10%), while its maximum price, $0.81 (+118%), will hover just below one dollar.

WalletInvestor crypto analysts have a very broad prediction for the Decentraland coin in 2023. According to their calculations, the cryptocurrency’s price can go as low as $0.000001 (-99%). At its maximum, MANA coin might reach $0.741 (+99%).

PricePrediction experts do not expect MANA coin’s price to skyrocket. They believe that in 2023, the expected maximum price of MANA will rise as high as $0.46 (+24%), and it may also drop to a minimum of $0.41 (+10%).

MANA Price Prediction 2025

DigitalCoinPrice believe that Decentraland cryptocurrency will steadily rise in price. Based on the experts’ forecasts, in 2025, MANA crypto might go as high as $1.34 (+261%) per coin at its highest point. Its minimum price might go as low as $1.09 (+194%).

WalletInvestor experts believe that in 2025, MANA coin will reach the lowest price level of $0.0266 (-92%). Its maximum price will also go way below its current price – $0.0797 (-78%).

PricePrediction, on the contrary, believes that MANA coin will be rising in price over the next few years, and the expected maximum price of Decentraland coin at the end of 2025 will be $1.06 (+185%), and it may also drop to a minimum of $0.91 (+145%).

MANA Price Prediction 2030

According to DigitalCoinPrice forecasts, Decentraland coin will be making significant progress: in 2030, the highest price MANA coin may reach is $3.85 (+938%) per coin. It can also insignificantly drop in price to a minimum of $3.6 (+871%) per coin.

PricePrediction analysts expect MANA coin to go higher: at the end of 2030, its maximum price is estimated to rise to $6.81 (+1737%), and it may also drop to a minimum of $5.75 (1,451%).

Telegaon analysts believe that by 2030, MANA coin will reach its highest price levels and its absolute all-time high. According to their estimations, Decentraland coin’s minimum price can go as low as $29.21 (+7,779%) per coin, while at its highest point it may reach $35.63 (+9,511%).

Decentraland Coin Price Prediction 2040

Telegaon provides us with long-term predictions for Decentraland crypto. Though the crypto market is highly volatile, the website’s analysts believe that by 2040, the price of Decentraland cryptocurrency will reach $108.31 (+29,117%) at its highest point. Its minimum price is estimated to be $86.13 (+23,134%).

Decentraland MANA Price Prediction 2050

Telegaon also provides us with new price records for MANA for the year 2050. The coin’s minimum price may rise even higher to break the $200 mark: $225.56 (+60,747%), while at its highest point MANA crypto can reach $265.12 (+71,418%).

MANA USDT Price Technical Analysis

Source: Tradingview, Data was taken on August 10

Now that we’ve seen what the future can bring for MANA coin, let’s find out a bit more about its features.

How Does Decentraland Work?

The Decentraland app is designed to keep track of land plots identified by LAND tokens. The software uses the Ethereum blockchain to keep track of who owns what digital real estate, and in order to interact with its ecosystem, users must possess its MANA token in an Ethereum wallet.

Additionally, developers are free to innovate on the Decentraland platform by creating the animation and user interface for their digital properties. Decentraland’s architecture is made up of numerous layered elements created with Ethereum smart contracts.

The consensus layer keeps track of who owns which land pieces in a ledger. Each LAND parcel has a specific virtual world coordinate, an owner, and a link to a description file that describes the contents of the parcel. Each parcel’s behavior is controlled by the content layer, which also contains the various files needed to render them:

Content Files – referencing all static audio and visuals.
Script Files – defining the placement and behavior of the referenced content.
Interaction Definition – peer-to-peer interactions such as gesturing, voice chat, and messaging.

The real-time layer also enables voice chat and messaging through user avatars, facilitating social interactions within Decentraland.

MANA Coin Use Cases

The broad overview of Decentraland MANA makes it easier to comprehend that MANA is the ecosystem’s currency. How might you use it? Here are a few significant ways that MANA can benefit users of Decentraland:

Crypto wallet. The crypto wallet is one of the key issues while using the Decentraland metaverse. To interact with the Decentraland metaverse as a user, you must connect a blockchain wallet to it. All of the digital assets and data associated with all Decentraland experiences and transactions are stored in the wallet. To ensure seamless use of the wallet in various transactions on the Decentraland metaverse, users will need a MANA token.
Purchase virtual real estate. The Decentraland metaverse’s design is clearly centered around the virtual land parcels. There are many virtual properties for sale, and MANA is necessary to purchase land parcels.
Trading MANA. Trading MANA is a reliable tool for buying and selling items with token-based values. In the event of a downturn, users could select goods and lands for comparatively lesser value and put them up for auction on the Decentraland marketplace. The analysis of Decentraland’s MANA prediction for trading reasons reveals yet another potential application for MANA.
Virtual real estate mortgage. Mortgage applications may be aided by the option of making minimal down payments with MANA tokens. The mortgages might be used to buy a piece of virtual land in Decentraland. Users might then begin making tiny payments and eventually pay off the mortgage in accordance with conventional interest rates.

Decentraland Roadmap

In Q1 of 2023, Decentraland has continued to promote its platform by attracting more partners. Additionally, over 50 new creators were onboarded in Q1 by working with MVFW23 partners such as IoDF, The Fabricant, Altr and others. The Foundation worked with studio partners to help launch over 20 large scale activations including the second year of the Australian Tennis Open, Buxom Cosmetics, Pedigree Foster Dog campaign, Amorepacific, Doritos’ Superbowl campaign, plus amazing fashion activations during MVFW23 from brands such as adidas, Tommy Hilfiger, Alo, and more.

The latest version of the SDK will bring with it big changes that will raise the bar on what can be done with Decentraland content. The platform creators also continue to work on its features, bringing more in-game assets and an improved interface with more scene animations.

Decentraland Price Predictions: Expert’s Opinion

Positive Decentraland MANA future forecasts should be taken into consideration due to the nature of Decentraland and its functions. The immersive and interesting experiences in Decentraland have drawn a lot of user curiosity. The metaverse goes well beyond virtual concerts.

Future Decentraland development will supply various brand-new and cutting-edge capabilities as the community expands. The main component of the entire Decentraland ecology is MANA. It enables you to purchase virtual property, manage your wallet, obtain a mortgage for virtual property, and even trade it on other exchanges. Some crypto experts go as far as to claim Decentraland to be one of the most promising coins on the market.

It is impossible to anticipate prices with any degree of confidence because a wide range of diverse circumstances could have an impact on how much Decentraland will eventually be worth. However, due to its fixed supply, MANA’s price may rise in the event that Decentraland’s user base expands in the future.

How High Can Decentraland Go?

Whatever the scenario, Mana is unlikely to reach a price of $1,000, however, at 50% every year, Mana could reach $50 in about 7 years.

Is Decentraland a Good Investment?

The demand for LAND and in-game purchases, developments in the rest of the crypto market, and changes in the overall economy are just a few of the many variables that have influenced the price of MANA. The market’s equilibrium between supply and demand determines its current valuation, which is dynamic. It may be a good investment for those who believe that the concept of metaverses will become even more popular in the future.

Can Decentraland Price Reach $1?

MANA has the potential to reach $1 within the next few years.

Can Decentraland Coin Price Reach $10?

With a potential surge the price may go as high as $10.67 by the end of 2030.

Can Decentraland (MANA) Price Reach $100?

For MANA to reach the $100 target, MANA investors need to wait for a few years. The element that can drive Mana’s success is an active Burn program. While a price prediction of $100 appears quite a stretch, it could all change if there was an active burn program that eliminates about 50% of the MANA tokens. That could push Mana to $100 by the end of this decade.

How to Buy Decentraland via StealthEX

StealthEX is here to help you buy Decentraland coin if you’re looking for a way to invest in this cryptocurrency. You can do this privately and without the need to sign up for the service. Our crypto collection has more than 1300 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

Just go to StealthEX, choose the amount and cryptocurrencies you want to swap, click Start Exchange, and get MANA coin to your wallet!

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: crypto price prediction Decentraland MANA metaverse price analysis

Source link

#MANA #Price #Prediction #Decentraland #Coin #Reach

Gala Price Prediction 2023, 2025, 2030-2050: Will GALA Coin Reach $100?

Post By Cryptocurrency crypto price prediction, gala, gala coin, price analysis, price prediction

Many traders are looking for methods to get their hands on the next big crypto asset as the market continues to heat up. Gala Coin (GALA) that serves as a digital utility token for the blockchain-based gaming platform, has recently entered the spotlight. Gala Games is a blockchain-based, Play-to-Earn gaming platform that enables users to earn its GALA token for achieving in-game milestones. Let’s take a look at the project to find out what value it brings to the market. Read more about Gala price prediction in the new StealthEX article.

Current GALA crypto price	GALA price prediction 2023	GALA coin price prediction 2030
$0.0236	$0.517	$2.5

What Is GALA: Powering Player Ownership

GALA is an ERC-20 utility token that is utilized in the Gala Games ecosystem, which is based on Ethereum. GALA can be used as a means of exchange between ecosystem members and to purchase digital assets such as NFTs. The project’s goal is to establish an ecosystem in which gamers keep complete ownership of their in-game stuff, as opposed to the existing centralized system in which players lose their in-game items when they are banned or when platforms are shut down.

Players can also create and trade NFTs in the game or via non-game-based exchanges to earn crypto that can be converted to other digital assets including cash. The goal is for players to become proactive partners with the developers and share in the revenues generated. In the long run, Gala Games is planning to establish multiple game studios that will each work on multiple games, creating a steady stream of NFTs which will get dropped to the node network in order to incentivise the system and keep it stable.

Gala Games has launched its own popular NFT collection called VOX, with an active secondary market for people interested in obtaining those items. Last year, one of its NFTs sold for $3 million. In addition, the developers constantly request feedback from its player community on the types of games they want GALA to develop and add to the platform.

This form of crowd-sourced game design, combined with the previously described money streams for playing, creates an extremely sticky gaming environment. Gala Games listens to their gaming community and responds with new game releases.

Gala (GALA) Overview

Current Price	$0.0236
Market Cap	$530,533,196
Volume (24h)	$61,804,057
Market Rank	#72
Circulating Supply	22,479,100,713 GALA
Total Supply	24,995,773,143 GALA
7 Day High / Low	$0.0241 / $0.02229
All-Time High	$0.8367 Nov 26, 2021

Gala Coin Price History: From Launch to Near $1 Threshold

GALA did not have an initial coin offering (ICO) upon its launch. The figures of 1.3 million monthly active users acquired since launch, and more than 26,000 NFTs sold, are taken from the Gala website, where they have not been updated for several months.

The platform itself was officially launched in July 2019. The GALA Coin price was approximately $0.002 at the time of its release. It stayed reasonably stable until the first quarter of 2020. Throughout 2020 and the first half of 2021, the asset remained somewhat volatile. Gala had 1 million active users within two years after its introduction.

Gala Coin Price Chart

Gala Price History. Source: CoinMarketCap, 2 August 2023

In fall 2021, the Gala price experienced significant fluctuations. News on 15 November 2021 that the company would release its first limited supply of Game Node licenses for Town Star boosted the GALA token threefold, up from $0.13 on 15th November 2021 to $0.37 a week later. On the 26th of November, the token was valued at $0.84, which at the time put it at its closest-ever gap from the $1 threshold. The asset has generally followed market trends.

The token’s value fell by 29% to $0.51 between its all-time high at the end of November and the 3rd of December 2021. Despite establishing a $100 million blockchain gaming fund in cooperation with C2 Ventures and preparing for the launch of Phase 2 of the nodes ecosystem at the beginning of January, the Gala Games token continued to fall over the next month, reaching $0.18 on 22 January 2022.

The token then went sideways for a little more than a week before tripling from $0.22 on 22 January 2022 to $0.38 on 8 February 2022, as excitement grew surrounding the imminent release of 8,888 membership NFTs in the Flare realm, where Gala Games had connected with the Flare Network. The token’s value started to rapidly decline by mid-February 2022, falling by 37% in one week from $0.36 on 15 February to $0.22. The token has yet to return to that level. Can Gala Coin reach $1? It’s certainly possible, taking into account the coin once came very near $1 when it reached its all-time high in November, 2021.

GALA Price Prediction

GALA Coin Price Prediction 2023

According to DigitalCoinPrice, in 2023 the minimum price of GALA coin might drop to $0.0217 (-11%), while its maximum price, $0.0517, will see the cryptocurrency rise in price by 119%.

WalletInvestor crypto analysts have a broad prediction for GALA Coin. According to their calculations, the utility token’s price can go as low as $0.0168 (-28%). At its maximum, GALA coin might reach $0.2051 (+770%).

Meanwhile, PricePrediction experts believe that in 2023, the expected maximum price of Gala will rise to $0.03 (+27%), and it may also drop to a minimum of $0.027 (+14%).

GALA Price Prediction 2025

DigitalCoinPrice is optimistic about GALA crypto, and their experts believe the cryptocurrency will slowly, but surely rise in price. Based on the experts’ forecasts, in 2025, GALA crypto might go as high as $0.0849 (+259%) per coin at its highest point. Its minimum price might reach $0.0695 (+194%).

WalletInvestor experts give a negative price prediction for Gala. They believe that GALA’s price will significantly decrease – its maximum price in December of 2025 is forecasted to hover around $0.00282 (-88%). Its minimum price might be a bit higher – $0.00094 (-96%).

PricePrediction analysts believe that Gala will rise in price gradually. According to their website, the expected maximum price of GALA Coin at the end of 2025 will be $0.065 (+175%), and it may also drop to a minimum of $0.056 (+137%), which is still higher than its current price level.

Gala Coin Price Prediction 2030

According to DigitalCoinPrice forecasts, in 2030 the highest price GALA crypto may reach is $0.25 (+925%) per coin. It can also insignificantly drop in price to a minimum of $0.23 (+880%) per coin.

PricePrediction analysts are way more positive about GALA Coin and believe it will reach new price levels. According to this website, the expected maximum price of GALA Coin at the end of 2030 will be $0.41 (+1,580%), and it may also drop to a minimum of $0.34 (1,340%).

Telegaon analysts are exceptionally optimistic about the future of Gala Coin. According to this website, in 2030, GALA Coin’s minimum price can go as high as $1.92 (+8,000%) per coin. Its maximum price, however, may soar to a record level of $2.53 (+10,500%) per coin, making it a very profitable crypto investment.

Gala Price Prediction 2040

Telegaon provides us with some estimates for GALA crypto in the distant future. Though the crypto market is highly volatile, the website’s crypto analysts believe that by 2040, the price of GALA Coin will reach an all-time high with $4.31 (+18,000%) at its lowest point. Its maximum is estimated to be $5.09 (+21,400%).

GALA Crypto Price Prediction 2050

Telegaon also provides us with the all-time highs for Gala for the year 2050. The coin’s price may rise even higher and can finally break the $100 mark: $9.54 (+40,300%), while it may also drop down to $11.89 (+50,200%).

GALA USDT Price Technical Analysis

Source: Tradingview, Data was taken on August 2

Now that we’ve seen what the future can bring for Gala, let’s find out a bit more about about the project behind it and its perspectives.

Revolutionizing Online Gaming: Gala Games and Its Blockchain Model

Gala Games was founded by investor Eric Schiermeyer. He was also a co-founder of the video game firm Zynga. It is most well-known for online games like Farmville and Words With Friends.

Gala Games’ vision was to redefine the traditional model of online gaming and bring it to light through the use of blockchain technology. It seeks to give players greater control over the games they play and how they are produced.

Many digital games and gaming platforms, according to the Gala Games team, operate unfairly by requiring players to perform microtransactions for unique things that can be lost or taken away due to server troubles, arbitrary bans, or other causes without refunds.

Gala’s method of blockchain-based gaming differs from the current ‘purchasing’ in-game products in a number of ways. On the platform, there are a total of 5 games:

Spider Tanks.
Superior.
PokerGoPlay.
Townstar.
TownStar Legacy.

The majority of these games have an NFT or Metaverse theme, and users must either build something or utilize NFT to win. Additionally, there is an NFT store that offers a variety of in-game items divided into six rarity classes: Common, Uncommon, Rare, Epic, Legendary, and Ancient. More games are currently in development, some are available for early access. The company is currently working on Mirandus, a large-scale fantasy RPG game that is very popular in the Gala community. Mirandus NFTs can be purchased but most of the rare collections are sold out.

Gala Roadmap: New Games Coming

In January of this year, Gala Games released their 2023 strategy guide in which they detailed what is in store for each of the different entertainment offerings. The roadmap details a focus on new tokenomics, the expansion of the platform’s music and film divisions, and the introduction of new games.

Gala Games intends to continue helping indie studios in 2023 in order to strengthen their standing in the industry. They’ve pledged nearly $300 million to various game projects, with half of it already spent. Arctic 7, Fun Dog Studios, Gamedia, HitFactor, IUGO, Joy City, Revolving Games, Shiver Entertainment, and Team Grit are among the studios that are collaborating with Gala Games.

According to the Gala roadmap, players should have multiple games with earnings live soon enough. It will be incredibly interesting to see what happens at the end of the year and how many of the plans will be fulfilled.

GALA Roadmap for 2023

Is GALA Crypto a Good Investment?

Play-to-Earn Revolution: The Rise of Gala Games in Gaming

Gala Games and other platforms are continuing to change the game industry. These protocols offer users a one-of-a-kind opportunity to earn money doing what they enjoy. As a result, play-to-earn gaming, such as Gala, is on the increase. As Gala Games releases its titles in the coming weeks, expect to see a lot more development firms attempting to enter the market.

GALA can be a smart investment for a number of reasons. To begin with, the token is still in its early phases, therefore its value may rise. Secondly, GALA is being supported by a company with experience in the blockchain and gaming industries. This gives them an obvious edge when determining how to employ blockchain technology for enhanced efficiency and convenience. GALA also has an advantage over its competitors due to collaborations with a number of well-known companies, for instance, in 2023, it entered into a partnership with Travala.

Before that, Gala Games partnered with Bitkub Academy. Not to mention, trends such as the meteoric rise in popularity of NFTs and crypto-based games imply a high interest in this type of trading.

Furthermore, the fact that only 50 billion Gala tokens will ever be in circulation makes them a tempting investment because their value can climb in unison with rising demand. There are already over 1.3 million players playing GALA games, and that figure is rapidly expanding. The GALA team is constantly growing and improving the GALA games environment, which may prove a crucial aspect of a solid investment.

Can Gala Coin reach $1?

The majority of analysts believe that Gala can reach up to $0.50 in the next couple of years and can certainly reach $1 by 2027.

Can Gala Coin reach $5?

GALA is not expected to reach $5 any soon. GALA has a long way to go to end up at an average trading price of $5. However, given the explosive growth in Play-to-Earn games, Gala can easily reach $5 in the next 4-5 years.

Can Gala Coin reach $50?

$50 would be quite realistic in the next 10 years, given the fact that Play-to-Earn games become more popular, along with the company itself.

Can Gala Coin reach $100?

Reaching $50 for GALA is a difficult effort, and it would take even more effort to reach $100. In this case, we make a more conservative assumption of 25% per annum (assuming 50% burn at the end of this period). The market cap would be $700B and it would take 35 years or 2057 to reach this level. Telegaon believes it’ll happen sooner, by 2050.

Can Gala Coin reach $1000?

Unfortunately, reaching $1000 seems impossible considering Gala’s current growth rate and the market conditions of economic factors.

How to Buy GALA Crypto via StealthEX

StealthEX is here to help you buy Gala coin if you’re looking for a way to invest in this crypto token. You can do this privately and without the need to sign up for the service. Our crypto collection has more than 1200 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

Just go to StealthEX, choose the amount and cryptocurrencies you want to swap, click Start Exchange, and get Gala crypto to your wallet!

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: crypto price prediction GALA Gala coin price analysis price prediction

Source link

#Gala #Price #Prediction #GALA #Coin #Reach

Jasmy Coin Price Prediction: A Comprehensive Investment Outlook

Post By Cryptocurrency crypto price prediction, is jasmy coin a good investment, jasmy, jasmy coin, jasmy coin news, jasmy coin news today, jasmy coin prediction, jasmy coin price, jasmy coin price prediction, jasmy coin price prediction 2025, jasmy crypto, jasmy crypto price prediction, jasmy price, jasmy price prediction, jasmy price prediction 2025, jasmy token, jasmycoin, price analysis, price prediction, what is jasmy coin

Today, centralized systems deal in data, which is controlled, analyzed, and profited from. The advent of decentralized blockchain technology has provided an alternative to the centralized model. This is where the Jasmy Network comes into play. Jasmy’s ideology is based on data democracy, which means restoring control of your data to you. With JasmyCoin and its native token JASMY, users are able to own and control their data. Read more about JASMY coin price prediction in the new StealthEX article.

Current Jasmy Crypto Price	Jasmy Coin Prediction 2025	Jasmy Coin Price Prediction 2030
$0.00425	$0.0153	$5.28

JASMY Coin Price Prediction

Jasmy Price Prediction 2023

WalletInvestor crypto analysts have a negative prediction for JASMY Coin for this year. According to their estimates, this digital currency may fall in price by the end of 2023 – to a minimum of $0.000240 (-94%), which is below its current price. The best prediction from their analysts is that the token will lose its position anyway and reach a maximum price of $0.000720 (-83%).

According to DigitalCoinPrice, in 2023 the minimum price of JASMY Coin will drop to $0.00381 (-11%), while its maximum price, $0.00937, will see the cryptocurrency rise in price by 118%.

Meanwhile, PricePrediction experts state that in 2023, the expected maximum price of JASMY Coin will rise to $0.006 (+39%), and it may also drop to a minimum of $0.005 (+16%).

Jasmy Coin Price Prediction 2025

DigitalCoinPrice is optimistic about JASMY crypto, and their experts believe the cryptocurrency will steadily rise in price. Based on the experts’ forecasts, in 2025, JASMY crypto might go as high as $0.0153 (+256%) per coin at its highest point. Its minimum price might reach $0.0125 (+191%).

WalletInvestor experts believe that JasmyCoin is going to fall in price by the end of 2025 – its minimum price in December of 2025 is forecasted to hover around $0.000173 (-95%). Its maximum price, however, also raises concerns for the JASMY community – $0.000518 (-87%).

PricePrediction are positive about JASMY Coin crypto storing in price much higher than today. According to their website, the expected maximum price of JASMY Coin at the end of 2025 will be $0.013 (+203%), and it may also drop to a minimum of $0.011 (+156%).

JASMY Coin Price Prediction 2030

According to DigitalCoinPrice forecasts, in 2030 the highest price JASMY Coin may reach is $0.0447 (+942%) per coin. It can also drop in price and reach $0.0416 (+870%) per coin.

PricePrediction analysts are positive about JASMY Coin crypto and believe it will reach new price levels. According to this website, the expected maximum price of JASMY Coin at the end of 2030 will be $0.087 (+1,929%), and it may also drop to a minimum of $0.073 (1,602%).

Telegaon analysts are way more optimistic than PricePrediction. According to this website, in 2030, JasmyCoin’s minimum price may reach $3.25 (+75,710%). Its maximum price, however, may soar to a record level of $5.28 (+123,063%).

Jasmy Crypto Price Prediction 2040

Telegaon provides us with some estimates for JASMY crypto when it comes to long-term predictions. Though the crypto market is highly volatile, the website’s crypto analysts believe that by 2040, the price of JASMY Coin will reach an all-time high with $10.36 (+241,560%) at its lowest point. Its maximum is estimated to be $13.23 (+308,507%).

JasmyCoin Price Prediction 2050

Telegaon also provides us with the all-time highs for JasmyCoin for the year 2050. The coin’s price may rise even higher and skyrocket to a record-breaking price level of $32.16 (+750,074%), while it may also drop down to a minimum of $26.73 (+623,412%).

JASMY Crypto Price Chart

Current Price	$0.00425
Market Cap	$202,495,260
Volume (24h)	$44,327,483
Market Rank	#127
Circulating Supply	47,649,999,999 JASMY
Total Supply	50,000,000,000 JASMY
7 Day High / Low	$0.004344 / $0.0034
All-Time High	$4.9943 Feb 16, 2021

Source: CoinMarketCap, 21 June 2023

JasmyCoin Price Technical Analysis

Source: Tradingview, Data was taken on 21 June 2023

Now that we’ve seen what the future can bring for JASMY Coin, let’s find out a bit more about the project behind it.

Pioneering Data Democracy Through Blockchain IoT

Jasmy is a tokenized platform that combines traditional IoT technologies such as edge computing with decentralized technology such as blockchain and the Interplanetary File System (IPFS), allowing people to maintain secure ownership over their own data.

Data is collected, analyzed, and monetized within centralized systems. Jasmy operates in a unique manner. Its decentralized blockchain is intended to protect users’ data while also providing them with complete control over when and how that data is used.

Jasmy was founded by numerous former Sony executives, including Kunitake Ando, Kazumasa Sato, Masanobu Yoshida, Tadashi Morita, and Hiroshi Harada, all of whom have extensive product innovation experience.

Dubbed in the media ‘Japan’s Bitcoin,’ JasmyCoin has entered into important agreements with key Japanese technology businesses such as Transcosmos Blockchain PC, Toyota, the Rice Crop Consortium, and Panasonic, among others. The Jasmy platform is a thriving ecosystem for the digital era because of its revolutionary approach to data democracy.

Innovating Data Privacy with Decentralized Tech

The Japanese blockchain employs several technical innovations to make Jasmy a serious competitor on the crypto market.

1. Personal Data Locker

Jasmy’s personal data locker is a novel AI-powered solution for securely storing data in a decentralized P2P network. Its PDL idea strives to secure individual data while also creating an environment in which data can be actively used to improve people’s lives. The key functions of the data locker include:

Accumulating data in a way that you can store and manage it securely.
Having control over who can access your data.
The ability to trace the usage of your personal data.
Providing a way to anonymize your data while in use.
Ensuring optimal management of information by call centers.

2. Smart Guardian (SG)

The Smart Guardian (SG) is a one-of-a-kind technology that enables simple and safe IoT device registration on a decentralized network. It allows the construction of an environment that only the device’s registered owner can access. SG connects your SKC ID information to the gadget itself.

3. Secure Knowledge Communicator (SKC)

The Secure Knowledge Communicator (SKC), Jasmy’s main service, is a data democratization platform that allows you to control, manage, and trace your personal data. It has a decentralized authentication mechanism that provides personal data vaults and an ID to registered users.

When you use the service, the data created is safely stored in your personal data locker, which you have complete control over. An organization or firm must have authority to access the stored data using its advanced P2P protocols.

Jasmy Coin Roadmap

The blockchain’s roadmap for 2023 states that Jasmy aims to expand the reach of their SecurePC product, which is already utilized by many national companies as a B2B service. Jasmy has also announced that they are planning to release the Fan Token APP, which will allow users to utilize their data in fun and engaging ways, including using the points they earn in the APP to make purchases on other platforms. As Jasmy’s AI engine continues to develop, Jasmy is building a system in partnership with travel agencies to analyze user data and reward them accordingly.

JASMY Coin Roadmap, June 21, 2023

JASMY Coin: The Native Token of the Ecosystem

As an ERC-20 token, JASMY benefits from the security and processing power of the Ethereum blockchain. The initial token launch date for JasmyCoin JASMY is 1st October 2021. Maximum supply of this token is capped at 50,000,000,000. The supply of JasmyCoin JASMY is expected to be fully vested by 31st January 2025.

The core functions of JASMY crypto are:

Transfer and approval of transactions on the Jasmy platform.
Pay for service fees when using Jasmy.
Reward enterprises and individuals that use Jasmy’s IoT data.
Incentivize developers and enterprises to continue building Jasmy’s economic circle.

Is JASMY Coin a Good Investment?

Jasmy specializes in data, and it continues to drive the modern economies today. The Jasmy technology allows metaverse applications built on the Jasmy network to exchange data with one another. Jasmy Coin has partnered with Toyota, an automobile company in order to build a platform for recording tourist data for Japan. It has also partnered with Witz, a travel service provider, to fulfill the above purpose. As per Jasmy’s white paper, with this partnership, Jasmy aims to be the first one to realize Japan’s commercial plan of driverless vehicles. With numerous serious partnerships under its belt, Jasmy may be able to realize its full potential as an innovative IoT company.

How to Buy JASMY Crypto via StealthEX

Just go to StealthEX and follow these easy steps:

Choose the pair and the amount you want to exchange. For instance, BTC to JASMY coin.
Press the “Start exchange” button.
Provide the recipient address to transfer your crypto to.
Process the transaction.
Receive your crypto coins.

Follow us on Medium, Twitter, Telegram, YouTube, and Pu b lish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: crypto price prediction JASMY JasmyCoin price analysis price prediction

Source link

#Jasmy #Coin #Price #Prediction #Comprehensive #Investment #Outlook

Crypto Market: SEC, BTC, ETH, Altcoins | Dive In Now!

Post By Cryptocurrency bitcoin, crypto news, crypto world, ethereum, price analysis

The crypto market has been stagnant in recent weeks. As it turned out, however, this was only the calm before the storm. In recent days, some very negative news has emerged. The SEC has filed lawsuits against the largest exchange in the world and the largest exchange in America – Binance and Coinbase. The situation has caused quite a bit of turbulence. We invite you to our next weekly recap. As always, we will discuss the charts of the two largest cryptocurrencies – BTC and ETH – and then analyze the news! So, let’s get started!

Review of the Crypto Market: June 9, 2023

Bitcoin Price in USD This Week

The Bitcoin price has been in a rather narrow range in recent weeks. However, the SEC’s lawsuit against Binance announced on June 2, caused quite a drop. The price of BTC dived from USD 27,000 to almost USD 25,000 in one day. One day later, however, it managed to recover nearly all of its losses. However, we are still below last week’s level. So, what is the price of Bitcoin today? As of today, BTC is oscillating around USD 26 500.

However, all signs indicate that the situation with the SEC has reflected more strongly on altcoins than Bitcoin. And this is because the dominance of BTC has increased by 0.5% and now stands at 44.7%. Interestingly, such strong news has not affected investor sentiment. The Fear and Greed Index indicates the same level as the week before – 50 – and investors’ attitude towards investments is still neutral.

Ethereum Price in USD This Week

Ethereum’s chart looks similar to Bitcoin’s. And this is even though the SEC did not mention ETH in its lawsuit. Ether also recorded a huge red candle, through which it even dived to the USD 1780 level. Today, however, the price of ETH has partially recovered its losses and is oscillating around USD 1850.

Ethereum’s dominance of the market also increased, although marginally – by 0.2%. Investor sentiment, however, is much worse than a week ago. Ethereum’s Fear and Greed Index indicates fear.

Biggest Crypto Gainers This Week

Although Bitcoin and Ethereum did not do so well this week and saw declines already recovered, several altcoins showed solid gains. BSCEX, for example, has given investors as much as 8,000% return over the past seven days. In terms of other tokens, we can include among the biggest crypto gainers this week:

The list of cryptocurrencies that saw any increases last week includes: XRP, EOS, and Cronos. The rest of the altcoins recorded losses.

Crypto News of the Week

Now that we know how BTC and ETH behaved and which alts gained the most, it is time to move on to the most important part of our review. Let’s review last week’s news because a lot was going on.

Ripple May Go Public Via an IPO

According to an expert, Ripple may go public through an IPO. Other rumors and facts also evidence this.

The topic arose during a Digital Perspectives interview with Linda P. Jones, a Wall Street investor. She provided an initial valuation of potential Ripple shares. Based on data from investment firm Linqto, she calculated that the price per Ripple share would be US$35 (with a market cap of US$5.7 billion). The expert added that this valuation could be pessimistic and the price per share could cost more.

But why is the idea of the company going public? Firstly, we have previously seen the successful IPO of the Coinbase exchange. Ripple might want to go in this direction as well. On top of that, the long-running XRP lawsuit filed against the company by the Securities and Exchange Commission (SEC) will soon end. The regulator alleges that Ripple’s token is a de facto security, so the entity broke the law because it issued unregistered stocks.

Above all, however, Ripple had already expressed a desire to go public. In May 2022, its CEO, Brad Garlinghouse, said at a conference in Davos that Ripple was moving the possibility of an initial public offering (IPO). However, he conditioned the IPO on completing the pending legal process mentioned above.

That is not all, however. That these plans are taking shape is evidenced by Fox Business reporting that Ripple held a private ‘roadshow’ – a meeting with potential IPO investors – in April. Several well-known investors reportedly attended the meeting.

Do Kwon Will Be Released

According to an official announcement from the Podgorica High Court, the appeal of the National Prosecutor’s Office against an earlier agreement to release Do Kwon on bail has been dismissed. As a result, the former CEO is being released. Along with him, former CFO Han Chang-Joon was also released from custody. Both will await further court proceedings under house arrest.

Bail was set at as much as €400,000 (US$436,000). On top of this, Kwon and Chang-Joon are subject to strict conditions of release from custody – they are not allowed to leave their temporary residence. Local police will closely monitor the duo. If they leave the accommodation where they will be staying or violate surveillance measures – the bail will be forfeited.

Kwon and Chang-Joon were arrested in Montenegro in March 2023. It all took place at the airport in the country’s capital. They were trying to board a plane they wanted to bring to Dubai. The reason for the arrest was that they were using alleged forged documents. It was not just an attempt to hide their identities, but the South Korean authorities canceled their original passports in October 2022.

The court noted that it would take more time to verify the authenticity of the two Koreans’ Belgian passports and ID cards. Thus, it stressed that the agreed bail amount “is a sufficient guarantee to secure the presence of the defendants” in Montenegro.

SEC Sues Binance and Coinbase

This week, the US Securities and Exchange Commission (SEC) sued Binance and its CEO, CZ. The lawsuit cites cryptocurrencies that the authority considers to be securities.

Let’s start with the SEC suing Binance, its US subsidiary, and CZ itself. It is talking about as many as 13 allegations of, among other things, illegal operations in the US. However, the lawsuit also lists cryptocurrencies that officials consider to be securities. These include BNB, Binance USD, Solana, Cardano, Polygon, Cosmos, The Dandbox, Decentraland, Axie Infinity, and COTI. It is worth mentioning that the SEC also recognizes XRP tokens, LBRY’s LBRY Credits, and Algorand as securities.

A few days later, US exchange Coinbase also received a suit. Authorities claim that the company never registered as a broker, national securities exchange, or clearing agency. On top of that, several tokens offered by the platform, including Solana (SOL), Cardano (ADA), Polygon (MATIC), Filecoin (FIL), Sandbox (SAND), Axie Infinity (AXS), Chiliz (CHZ), FLOW, ICP, NEAR, VGX, DASH, and NEXO qualify as securities.

The lawsuit specifies that Coinbase has operated as an unregistered broker since 2019. However, this is not the end of the story. It also stated that Coinbase’s staking program is, in legal terms, an investment contract. It also has implications – the exchange should register with the SEC.

With the lawsuits targeting Binance and Coinbase, whether cryptocurrencies are securities is resurfacing. The head of the SEC, Gary Gensler, believes they are. The problem is that he says so in the media, but during a recent congressional hearing, he refused to confirm his controversial claims.

So far, SEC documents show that the Commission considers just over 60 tokens and cryptocurrencies securities. Neither Bitcoin nor Ether is on the list.

Bitcoin Ordinals Will Receive Another Update

The Bitcoin Ordinals protocol will be able to index older inscriptions and thus allow them to be sold and bought.

The new update aims to fix more than 71,000 invalid or faulty inscriptions. These were created due to misuse or deliberate abuse of the operating code. Such behavior ultimately led to their invalidity. An update was, therefore, necessary.

The problem had been analyzed before, with Ordinals creator Casey Rodarmor presenting an initial concept for a solution in April. Casey had an ambitious plan to automate the transformation of faulty inscriptions into correct ones using the creation of special subsets. A block activation pitch was then set, where specific types of previously invalid inscriptions would begin to be indexed as normal, positive ones.

The Atomic Wallet Cryptocurrency Wallet Has Been Hacked

The team behind Atomic Wallet announced on June 3 that it had received reports of the wallet being hacked. It further stressed that it would investigate them. The investigation involves a well-known”detective” who helps track assets transferred on blockchains – ZachBTX.

He has analyzed transactions relating to stolen funds from Atomic Wallet victims and relayed that more than $35 million in cryptocurrencies were stolen due to this breach. The earliest transaction involving stolen Atomic Wallet assets occurred on Friday, June 2, at 21:45 UTC.

The detective relayed that the most severe loss incurred on a single address was US$7.95 million in USDT. The five largest thefts settled at US$17 million.

Atomic Wallet is now collecting information from victims, asking, among other things, what operating system they use, where they downloaded the software from, what they did before their funds were stolen, and where they stored the account recovery phrase.

Crypto News From Our Partners: Bambi is Developing at a Fast Pace

The Bambi project, although relatively new, is developing at an incredibly fast pace. According to a recent tweet, it will soon launch several new products, including a 3D game, an animated series, a THUMP token airdrop, token burning, NFT, and digital comics, to which anyone in the community can contribute. Moreover, the project already has 7,000 HODLers, and the market cap of the BAM token has reached $2 million!

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: Bitcoin crypto news crypto world Ethereum price analysis

Source link

#Crypto #Market #SEC #BTC #ETH #Altcoins #Dive

Crypto Market Review: Weekly Analysis, May 26, 2023 | StealthEX Blog

Post By Cryptocurrency bitcoin, crypto world, cryptocurrency, ethereum, price analysis

Last week in the crypto market was rather quiet and dull. Bitcoin and Ethereum traded in a very narrow range. The current price of these two major cryptocurrencies is lower than a week ago, but no real blood was shed. What happened last week? For the answer, check out our next crypto weekly recap!

Review of the Crypto Market: May 26, 2023

Before getting to the news, we will classically analyze the situation in the BTC and ETH markets. We will check how the prices of these two coins are shaping up and what investors’ sentiment is. So, let’s get started!

Bitcoin Price in USD This Week

Bitcoin started the week at a price gently above $27,000. Nevertheless, it has fallen slightly, and today’s BTC price is $26,450. The 7d high of BTC formed at nearly $27,500, and the 7d low was just below $26,000. It is worth noting that this low is the lowest price in more than 2 months.

BTC’s dominance has declined somewhat. Last week it was 44.5%, and today it is 44.2%. As for investor sentiment, the Fear and Greed Index indicates a neutral level – 49.

Ethereum Price in USD This Week

The situation in the Ethereum market looks similar to that of Bitcoin. ETH started the week at slightly above $1800; today, the price is still at $1813. However, the difference between the 7d high and low is marginally larger. The highest ETH price last week was $1870, and the lowest was $1763.

ETH’s dominance in the crypto market has increased slightly and now stands at 18.8%. Investor sentiment, however, has dropped significantly. Traders are no longer greedy. They approach the project rather neutrally.

Biggest Crypto Gainers This Week

Although ETH and BTC behaved rather dull and stable, some of the cryptocurrencies in the top100 showed quite large gains. The title of best crypto gainers of the week goes to:

Crypto News of the Week

Now that we know how the major cryptocurrencies behaved, it’s time to get down to specifics. Now, every week, we will analyze the most important news!

Bitcoin Pizza Day Celebration

On May 22, we celebrated Bitcoin Pizza Day. This is a remembrance of one particular transaction. At the time, Florida programmer Laszlo Hanyecz decided to use Bitcoin – a little-known cryptocurrency – to purchase two large pizzas with cheese, olives, and salami. He contacted another Bitcoin enthusiast on the BitcoinTalk forum, offering 10,000 BTC in exchange for two pizzas. The forum user accepted the offer and ordered the pizzas through a local restaurant, which delivered them directly to Hanyecz’s home. The transaction is believed to be the first documented purchase of goods using Bitcoin.

Naturally, Hanyecz is sometimes criticized for “wasting” so much Bitcoin on something as trivial as pizza. However, many in the crypto community see this as proof of the practical utility of the oldest digital asset. Such early transactions are necessary for Bitcoin to have a precedent as a medium of exchange, and its long-term value could be questioned.

However, it’s hard not to mention that the pizza that cost 10,000 BTC in 2010 could be worth millions today. With 10,000 BTC, Laszlo would now buy several, if not hundreds or thousands, of pizza restaurants.

XRP Is Not a Security? Emails from the SEC May Indicate So

New evidence suggests that XRP may not be considered a security. The controversial Ripple-linked cryptocurrency likely only meets some of the elements of the Howey Test. Therefore, it may not necessarily be classified as a security. John Deaton, a popular legal commentator, revealed the information.

Deaton expressed surprise, asking why Ripple’s legal team did not expose the potential implications of the emails received from the SEC. The emails, cited as Exhibit 220, argue that XRP does not meet all the conditions of the Howey Test. Recall that this test is used to determine whether assets qualify as securities.

This unexpected revelation surprised Deaton. However, he admitted that he had also initially overlooked this detail in the footnotes of the court letters. This was even though he had read thousands of legal documents related to the case. This key detail was overlooked due to the location of the email quote because it referred to a sentence regarding the analyses sent to the SEC by independent market players.

Will FTX 2.0 be Created?

FTX CEO John J. Ray III is working on developing a plan to reboot the currently defunct cryptocurrency exchange, according to a recent court filing.

A monthly personnel report and salary details for John J. Ray III, who is leading FTX’s restructuring efforts, show that the exchange’s recent CEO has been pursuing steps that, in theory, could facilitate the exchange’s revival. Indeed, Ray has been studying the next steps required to relaunch the cryptocurrency trading platform. At the same time, he was developing materials called “FTX 2.0” to distribute to investors.

The new CEO was also seeking help from the cybersecurity company Sygnia to enhance the platform’s security. He was also reviewing a summary of steps provided by investment bank Perella Weinberg Partners LP regarding the reboot plan. The CEO also maintained constant communication with the investment bank in April.

The new head of the exchange first put forward the idea of a reboot in January of this year.

Fake Photos of the Pentagon Fire Have Caused Panic in the New York Stock Exchange

Fake news has just entered a whole new level. A great example of this is Monday’s New York Stock Exchange events caused by a fake photo of the burning Pentagon.

The S&P 500 index took a $500 billion dive in 30 minutes. All because of a fake photo published by a “verified” Twitter account. The message went viral online, causing big drops on Wall Street. Ultimately, the picture was probably generated by artificial intelligence.

The photo of black smoke clouds hovering near the U.S. Department of Defense headquarters building appeared shortly after the opening of the New York stock market session. The image quickly became viral and circulated the web, causing quite a stir among investors on Wall Street.

Internet users quickly verified that it was fake news. Artificial intelligence probably generated the image, but it effectively shook the New York Stock Exchange. Information about the explosion and fire at the Pentagon appeared on an Indian television network.

Although the crisis was quickly contained, the intention of such provocation remains questionable. Many experts admit that it was an ideal opportunity to make a lot of money for stock market speculators playing leveraged positions.

Ron DeSantis Has Announced His Run for the US Presidential Election. He Is a Supporter of BTC and an Enemy of CBDCs

Preparations for next year’s presidential elections continue in the US. Currently, the first candidates are entering the race for the White House and will seek the nomination of their respective parties. The best chances, of course, are those who the Democratic Party or the Republican Party will support. From the latter comes Florida Governor Ron De Santis, who has just officially announced that he will fight for the presidency. He is Donald Trump’s most formidable rival, an opponent of the CBDC, and – of strongest interest to us – a bitcoin supporter.

De Santis announced his plans to run for election on Wednesday. At the start, he already had a strong ally in Elon Musk, who expressed his regrets about voting for Joe Biden in the 2020 election. He also added that he is not interested in voting for Trump, as he would like to support someone “normal.”

Musk and DeSantis have some things in common. For example, they both like cryptocurrencies. Unlike Trump, who once referred to BTC as a “scam.” Compared to this, the current Florida governor comes off much better. He has publicly promised that he would oppose any legislation banning bitcoin as head of state.

Do Kwon Will Stay in Prison

Do Kwon was close to leaving the Montenegrin prison and being transferred to house arrest. However, the court granted the prosecution’s request. As a result, the former Terra CEO will remain behind bars.

Let’s briefly recall the recent fate of the former head of Terra. In March, Do Kwon was detained at an airport in Montenegro. The reason was that he tried to cross the border using a fake passport. Of course, a search for him was going on in the background. The services of a couple of countries and Interpol wanted to find him.

Kwon was eventually put behind bars to await sentencing in prison. His defense attorneys demanded that he be released on bail. They wanted him to await his sentence under house arrest (he would be sent to his lawyer’s apartment). There were many indications that the businessman would be released from prison. In the end, however, the judge did not agree to that. On Wednesday, a spokesman for the judiciary told a Bloomberg reporter that a court in the nation’s capital overturned a lower court judge’s decision to agree to Kwon’s release in exchange for bail of about 400,000 euros.

A similar fate befell Han Chong-Joon, or Kwon’s associate, who fell in with him. He, too, will await trial in prison.

The sentence Kwon may hear in Montenegro sometime from now will likely begin his prison odyssey. After all, he faces only a year in prison in that European country. This will be the punishment for using a fake passport. After that, he will probably face extradition to the US, Singapore, or his native South Korea. There he faces higher sentences. He will spend as much as 40 years in prison if found guilty in South Korea. In the US, he may face a similar penalty. In practice, he will remain behind bars for the rest of his life. Today he is 31 years old.

AMA Bounce Token (AUCTION) x StealthEX

A lot is going on in the cryptocurrency market lately. A lot is also happening with our partners, such as Bounce Finance. That’s why we are holding an AMA with the project team. If you want to find out what’s new and the plans or have any questions, we invite you to join us on 30 May on Twitter Spaces. Watch our and Bounce Token‘s social media to ensure you attend the event.

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: Bitcoin crypto world cryptocurrency Ethereum price analysis

Source link

#Crypto #Market #Review #Weekly #Analysis #StealthEX #Blog

Crypto Technical Analysis vs Fundamental Analysis: Which One Is the Best? | StealthEX Blog

Post By Cryptocurrency crypto market cap, cryptocurrency market, fundamental analysis, price analysis, technical analysis

When it comes to the crypto market and its movements, it’s crucial for a crypto enthusiast or trader to navigate the field in order to be successful. Figuring out which cryptocurrency may be a good investment or trading option can be challenging. In this article, we’ll try to take a closer look at crypto technical analysis and fundamental analysis of cryptocurrency.

Traders often see natural corrections in prices over short periods that don’t disrupt the overall trends seen in long periods. If the market is bullish for a substantial amount of time, demand will reduce the supply of coins for sale and the price will increase. As the price goes up, you can expect it to become bearish at some point as people try to capitalize by selling their coins. As they sell, supply begins to outweigh demand, causing the price to go down.

Crypto Technical Analysis vs Fundamental Analysis of Cryptocurrency

Price corrections can happen within days, if not hours, and are what day traders look for in order to make a profit. However, those looking for long-term profits will look at longer periods. And in order to make an informed investment decision, it is important to know how to analyze cryptocurrencies. Here is where technical and fundamental analysis come in.

What Is Crypto Technical Analysis?

Technical analysis involves using mathematical indicators to evaluate statistical trends to predict price direction in the crypto market. This is done by looking at past price changes and volume data to determine how the market works and predict how it will affect future price changes.

Technical analysis methods evaluate crypto markets and identify trading opportunities through price trends and patterns seen on charts. They are based on the belief that a crypto’s past trading activity and price changes are valuable indicators in determining future price and activity.

Cryptocurrency Analysis Tools

Techno analysis in crypto involves well-known tools, including trends and indexes. One of the most popular methods is candlestick charts. Traders prefer candlestick charts because they show more information about price movement. Each candlestick represents the activity around the timeframe you choose for trade analysis. Candlesticks consist of a body and wicks. The body can either be green (increase) or red (declines). Green candlesticks indicate that a trade closed higher than its opening price. On the other hand, the red candlesticks show that the trade closed lower than the opening price. The candlestick’s wick shows how high and low the price was within the timeframe.

ADA/USD Chart, Cashbackforex.com, January 20, 2023

Another popular method is understanding support and resistance levels, this helps traders interpret charts. They are specific price levels that the market finds difficult to exceed. A support level is a point where prices stop moving lower, while resistance is the point where the market price can’t increase further. Once you identify these levels, you can use them to form your market price predictions.

Trend lines can also be used to determine any future coin price growth and can help you draw out potential trends in the market. Traders also draw out multiple trend lines to draw out more complex patterns.

One more method to navigate the crypto charts is the Relative Strength Index. The RSI is an oscillatory indicator that shows whether an asset is overbought or oversold. It measures in the range of 0 to 100. Once the RSI value of a crypto asset is below 30, it is oversold, and when the RSI value moves above 70, it indicates an overbought asset price. An overbought state is a potential sell signal, while an oversold state indicates a potential buy opportunity.

Bitcoin Technical Analysis

Technical analysis of Bitcoin might be complicated, but there are various signs and tools you can use to make better judgments. The overall chart analysis shows the following:

BTC Chart, Investing.com, January 20, 2023

Believe it or not, Bitcoin is still trending up on the monthly time frame. However, BTC has recently crossed down and needs to recapture the trend line. You can additionally find the most relevant data and Bitcoin technical analysis (BTC/USD), along with Ethereum technical analysis (ETH/USD), on TradingView. Charting tools like TradingView, news aggregators, portfolio rebalancing, and block explorers all enhance a data-rich crypto environment:

BTC/USD Technical Analysis, TradingView, January 20, 2023

Fundamental Analysis in Crypto

Being good at technicals doesn’t always make a good trader. Fundamental crypto analysis can also help you make more informed decisions. Fundamental analysis determines the intrinsic value of an asset, which is meant to be an objective measure of its worth. Evaluating the underlying information about crypto projects provides guidance on whether the coin is undervalued or overvalued as an asset.

Cryptocurrency markets are notoriously volatile. Even established currencies like Bitcoin and Ethereum are subject to sudden fluctuation. Investing in newer coins and tokens comes with significant risk unless you understand what you’re putting your money into. Performing fundamental analysis enables non-technical investors and seasoned traders to trade market movements with confidence. Armed with fundamental analysis, traders can create informed strategies with better odds of profitability.

Blockchain Metrics (On-chain Metrics)

The blockchain is a valuable resource, but pulling information manually from the raw data can drain time and resources. Fortunately, a range of application programming interfaces (APIs) provide tools to empower investment decisions. Leading cryptocurrency exchanges have developed reporting tools that provide an abundance of actionable information such as the number of active users, total transactions, and transaction value.

The three most fundamental metrics to a cryptocurrency’s fundamental analysis are hash rate, status, and active addresses, as well as transaction values and fees. Hash rates are seen by many crypto investors as proof of the health of the cryptocurrency in question. The higher the hash rate, the more miners are incentivized to mine for profits, and the more secure the network. Calculating a personal hash rate can also help miners determine their own profitability.

Active addresses measure the number of active blockchain addresses over a period of time. One of the simplest approaches is to total the number of sending and receiving addresses over various periods. As compared to technical analysis, the fundamental analysis also prioritizes the assessment of transaction values. A consistently high transaction value shows a currency in steady circulation, while comparisons reveal data concerning potential future market movements.

The goal of fundamental analysis is to produce a quantitative value for an investor to analyze the prospect of an asset. Assessing crypto financially involves understanding the trading conditions of assets including their liquidity, surrounding factors, and market response. All of these proves to be valuable crypto fundamental analysis, especially when assessing the prospect before formulating an investment plan.

Fundamental Analysis: What Else Can We Analyze?

We have earlier discussed market cap. The market capitalization value is the representation of a network’s value. In general, investors may believe that low market cap coins have higher growth potential, though high market caps can also point to stronger infrastructure and lasting power.

Another vital indicator is a coin’s liquidity. Liquidity is a measure of how easy it is to buy and sell an asset. If a cryptocurrency asset can be quickly bought or sold without drastically altering the market value, then liquidity is strong. A liquid cryptocurrency coin or token will have many buyers and sellers in an order book waiting to be filled. This, in turn, narrows the bid-ask spread, which is a solid measure of liquidity.

Trading volume is one more useful indicator of a coin or token’s ability to sustain momentum. The measure shows how many units of an asset have changed hands over a specific period. If an upward trend in value is backed by a high trading volume, the gains may be more likely to stick.

The circulating supply of a cryptocurrency refers to the total number of coins in active supply that are accessible to the public. Different from the total supply or the maximum potential supply, the circulating supply isn’t static and can change over time since coins can be burned. Developers may increase the number of coins or tokens circulating in a centralized supply. With a mineable cryptocurrency, mining activities can increase the circulating supply.

Additionally, traders and investors can analyze the background of a crypto project and its white paper, compare the coin against its competitors, find out more about its tokenomics and utility, etc.

Crypto Technical Analysis vs Fundamental Analysis

Fundamental analysis is used to understand how a particular company performs in its industry. This is achieved by analyzing a company’s financial statements, earnings reports, analyst reports, and specific industry conditions. The goal is to determine the intrinsic value of a company and compare it to the market price. Is the company overvalued or undervalued?

On the other hand, technical analysis is also very popular in determining when to best enter or exit the market. This is done through price analysis using technical indicators as well as significant price levels to open or close trading positions.

While some analysts only focus on the fundamentals of an asset, others prefer to look at the price action. But a more sensible approach would be to use a combination of both – evaluating the conclusions of one against the data provided by the other.

If you are looking to buy crypto safely, you can always use the user-friendly and non-custodial StealthEX crypto exchange platform. You can purchase crypto privately and without the need to sign up for the service. Our crypto collection has more than 650 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

Just go to StealthEX and follow these easy steps:

Choose the pair and the amount you want to exchange. For instance, BTC to ETH.
Press the “Start exchange” button.
Provide the recipient address to transfer your crypto to.
Process the transaction.
Receive your crypto coins.

Make sure to follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: crypto market cap cryptocurrency market fundamental analysis price analysis technical analysis

Source link

#Crypto #Technical #Analysis #Fundamental #Analysis #StealthEX #Blog

Cart

Bitcoin Overview

BTC Price History

BTC Price Chart

Bitcoin Price Predictions

Bitcoin (BTC) Price Prediction 2023

Bitcoin Price Prediction 2024

Bitcoin Price Prediction 2025

Bitcoin Price Prediction 2026

Bitcoin Price Prediction 2030

BTC USDT Price Technical Analysis

BTC Price Predictions: Experts’ Opinions

Factors Affecting BTC Price

Summary

FAQ — Is It Still Good to Invest in Bitcoin?

Will Bitcoin Price Fall in 2023?

Why Will Bitcoin Go Up in 2023?

How Much Will Bitcoin Be Worth in 2025?

How Much Will 1 Bitcoin Be Worth in 2026?

What Will Be the Price of Bitcoin in the Next 5 Years?

What Will $100 of Bitcoin Be Worth in 2030?

How Much Bitcoin Is Worth in 2050?

Where to Buy Bitcoin (BTC)?

How to Buy BTC Coin?

Litecoin Overview: Silver In The World Of Crypto

Litecoin Price History

LTC Price Chart

Litecoin Price Prediction

Litecoin Price Forecast for the End of 2023

Litecoin Price Prediction 2024

Litecoin Price Prediction 2025

Litecoin Price Prediction 2030

Litecoin Price Prediction 2040

LTC USD Price Technical Analysis

LTC Price Predictions: Experts’ Opinions

Litecoin: Features

Factors Affecting Litecoin Price

Risks and Opportunities

Litecoin Halving

Is Litecoin A Good Investment?

Will Litecoin Go Up?

Will Litecoin Reach $500?

Will Litecoin Reach $1000?

Can Litecoin Reach $5000?

Litecoin vs Bitcoin

Where Can You Buy LTC Coin?

Decentraland Overview: A Virtual World According to Your Taste

Decentraland (MANA) Price History

MANA Price Prediction 2023, 2025, 2030-2050

Decentraland Price Prediction 2023

MANA Price Prediction 2025

MANA Price Prediction 2030

Decentraland Coin Price Prediction 2040

Decentraland MANA Price Prediction 2050

MANA USDT Price Technical Analysis

How Does Decentraland Work?

MANA Coin Use Cases

Decentraland Roadmap

Decentraland Price Predictions: Expert’s Opinion

How High Can Decentraland Go?

Is Decentraland a Good Investment?

Can Decentraland Price Reach $1?

Can Decentraland Coin Price Reach $10?

Can Decentraland (MANA) Price Reach $100?

How to Buy Decentraland via StealthEX

What Is GALA: Powering Player Ownership

Gala (GALA) Overview

Gala Coin Price History: From Launch to Near $1 Threshold

Gala Coin Price Chart

GALA Price Prediction

GALA Coin Price Prediction 2023

GALA Price Prediction 2025

Gala Coin Price Prediction 2030

Gala Price Prediction 2040

GALA Crypto Price Prediction 2050

GALA USDT Price Technical Analysis

Revolutionizing Online Gaming: Gala Games and Its Blockchain Model

Gala Roadmap: New Games Coming

Is GALA Crypto a Good Investment?

Play-to-Earn Revolution: The Rise of Gala Games in Gaming