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NuggetRush is gaining momentum as a meme coin with the potential to outperform Pepe.  NUGX offers a play-to-earn gaming model, NFT collections, and multiple utility tokens. The recent presale saw a 20% price increase in NUGX; experts believe it has room for more gains. NuggetRush (NUGX) is a new meme coin that has attracted investors’ attention, especially in the ongoing presale, due to its potential for high returns.  Some investors believe NuggetRush can outperform Pepe (PEPE), a meme coin that previously delivered high gains. The platform’s structure and recent presale surge of 20% continue to drive its popularity. Investors are closely monitoring the project since NUGX can outperform PEPE in the future. NuggetRush dominating memecoins NuggetRush offers a play-to-earn (P2E) gaming model that allows players to earn real-world value by mining in-game minerals and gold.  The project relies on NUGX, a governance and deflationary token, to solve...

The value of Cardano has been on an upward trajectory in November, with whale investors significantly contributing to this rally, as indicated by on-chain data.  On Nov. 5, the price of Cardano (ADA) escalated by 7.5% to $0.348808, marking the highest level in roughly four months.  According to data from CoinGecko, ADA’s price surged 18% over the past week. The surge was possibly driven by the Cardano Summit 2023, which took place from Nov. 2-4. Similarly, in the last fortnight, ADA prices shot up by 33.3%, a feat accompanied by a 9% growth in the coin’s market capitalization as observed by on-chain analytics platform, Santiment. #Cardano has been the big story Thursday, with its market cap growing +9% in the past 24 hours and now +36% over 2 weeks. As usual, #onchain activity hinted at this #bullish action with $ADA address activity & whale transaction at their highest in 3+ months.… pic.twitter.com/IYBBk3ssf4 — Santiment (@santimentfeed) November 2, 2023 ...

Bitcoin is back near its year-to-date highs, but BTC price moves belie an underlying lack of support, analysis fears. Bitcoin (BTC) starts the last week of October in classic style as 3% BTC price gains take cryptocurrency markets higher. In what could yet turn out to be a classic “Uptober” for Bitcoin and altcoins, BTC/USD is back near 2023 highs as a resistance battle brews. Can bulls win? That is the key question for traders and market observers going into the week’s first Wall Street open as Asia sets the tone for a crypto comeback. Given the extent of resistance to overcome, however, traders are playing it safe — lofty BTC price predictions are less evident than might be expected, and few believe that the road beyond $32,000 will open up quickly or easily. Bitcoin must also dodge potential headwinds in the form of macroeconomic data prints at a time when inflation continues to beat expectations. Ahead of the United States Federal Reserve’s interest rate decision on Nov. 1, the ...

Ripple ( XRP ) price has moved sideways in the past few months as the recent consolidation continues. The coin was trading at $0.50 on Tuesday after Roblox announced that it will integrate it into its ecosystem. Ripple has dropped by more than 47% from its post-SEC lawsuit victory high. Ripple price reacted mildly to news from Roblox, one of the biggest metaverse and gaming companies in the world. Roblox has a market cap of over $18 billion and millions of users. In a statement, the company said that it will activate XRP payments in its ecosystem. Ripple has had other victories in the past few months. For one, the judge overseeing its  case against the Securities and Exchange Commission (SEC) rejected the agency’s plan to appeal the verdict. The judge ruled that XRP was not a financial security as the agency alleged. Meanwhile, Ripple recently acquired Fortress Trust, a company that provides crypto infrastructure services. The acquisition gave the ...

The S&P 500 dropped to a 110-day low as the market digests what “higher for longer” means for stocks. Will Bitcoin begin to chart its own path? On Sept. 20, the Federal Reserve delivered a message that reverberated through financial markets: interest rates are expected to remain at their highest level in over two decades, and possibly for longer than most market participants’ expectations. This attitude comes against the backdrop of stubbornly high inflation, with the core inflation rate hovering at 4.2%, well above the central bank's 2% target, and unemployment at record lows.  As investors grapple with this new reality, a pressing question arises: Will the S&P 500 and Bitcoin (BTC) continue to underperform in the face of a tighter monetary policy? The impact of the Fed's decision was swift and severe. The S&P 500 plunged to its lowest level in 110 days, signaling growing unease among investors. S&P 500 index (blue, right) vs. U.S. 10-year Treasury yield (oran...

Bitcoin (BTC) and Ether (ETH) broke higher today, trading above $26,650 and $1,620. Maker (MKR) hit a yearly high near $1,470 amid fresh buy pressure. Meanwhile, Shiba Memu has raised over $3.3 million in its presale as SHMU price jumps to $0.030025.  Cryptocurrency’s total market cap was up 1.3% on Wednesday morning, with the top coins Bitcoin ( BTC ) and Ether (ETH) breaking above $26,650 and $1,620 respectively. The uptick in crypto prices came as the industry looked past SEC’s latest delay of a spot Bitcoin ETF and Chase Bank’s ban on crypto payments for its UK customers. Digital asset prices were also ticking higher as US futures rose after Tuesday’s brutal sell-off that saw the Dow Jones Industrial Average book its biggest single-day loss since March. Here is the price prediction for Bitcoin ( BTC ) and Maker ( MKR ), and an overview of the new crypto project Shiba Memu (SHMU). What is Shiba Memu? Shiba Memu is the new k...

In a tumultuous week for the cryptocurrency market, XRP (XRP) enthusiasts found reason to cheer as the digital asset managed to reclaim the $0.50 mark on Friday, following a steep decline to $0.47.  This price recovery, however, serves as a stark reminder of the altcoin’s significant retreat from its 2023 peak, where it surged to over $0.82 after Ripple’s landmark legal victory against the SEC.  As uncertainty continues to shroud the regulatory battle, Finbold turned to the advanced artificial intelligence (AI) bot, ChatGPT, to extract insights on potential XRP price trajectories in the coming years. Below, we delve into both optimistic and conservative ChatGPT’s forecasts for XRP’s future value. ChatGPT’s optimistic and conservative XRP price predictions  Cryptocurrency Should you buy Bitcoin in September? Stocks Google Bard vs. ChatGPT: Analyzing Michael Burry's portfolio Cryptocurrency Here...

Bitcoin (BTC) is usually considered a digital commodity, with strong economic fundamentals to be a long-term Store of Value (SoV) due to having a programmed and limited supply inflation through mining, that is halved every four years. Interestingly, the stock-to-flow model used by economists to evaluate gold, silver, platinum, and other SoV commodities was also started to be applied to Bitcoin by a Twitter (now X) pseudonymous influencer called PlanB (@100trillionUSD). According to price projections created by the well-known influencer and broadly reproduced by Analysis platforms such as Coinglass , one Bitcoin should be worth $51,692 by September 14, 2023. However, 1 BTC is price d at $26,400 by press time. A value close to two times lower than the model ’s ‘fair value’. Bitcoin Stock-to-Flow model. Source: Coinglass What is the stock-to-flow model, how it works, and what are its limitations to Bitcoin? Notably, the description of how the stock-to-flow model works already sug...

The SEC filed a lawsuit on June 5 against Binance and on June 7 against Coinbase, accusing both exchanges of violating securities laws by offering certain cryptocurrencies as securities for trading. As two of the most prominent exchanges available to users today, CoinGecko reports the detrimental impact of this news on cryptocurrency prices. Varying degrees of decline CoinGecko shares the impact of the SEC’s lawsuit on crypto currency prices , stating that the announcement of the lawsuit had a notable effect on listed crypto currencies, with varying degrees of decline. The Sandbox (SAND) experienced the largest drop, falling by -11.4% on June 6 and further plummeting by -35.0% by June 12, from $0.59 to $0.39. SAND was mentioned in both lawsuit s as it is available for trading on Binance and Coinbase. Among the top 10 cryptocurrencies by market capitalization, significant drops were observed. Binance Coin (BNB), the fourth-largest cryptocurrency, initially fell by -9.4% ...

Ethereum's supply across whale addresses has dropped consistently since March 2020, offset by greater retail interest. The share of Ethereum (ETH) held by so-called whale addresses has dropped since Ethereum's Shapella upgrade in mid April, suggesting that large investors may be leaning bearish in t near term. ETH whale population shrinks post-Shapella The amount of Ether held by addresses with 1,000-10,000 ETH, or " whale s," was over 14.033 million ETH on May 1, according to Glassnode data. In comparison, the count was 14.167 million ETH on April 12, when Shapella went live on Ethereum. Ethereum whale net position change. Source: Glassnode Interestingly, a week before the Shapella upgrade, the Ethereum whale cohort held 14.303 million ETH, the highest amount in 2023 "Shrimps" only ones buying ETH since Shapella Ether's price is down over 3.5% since the Shapella upgrade— suggesting that several whales may have indeed "sold the news." Interest...

Crypto sentiment is "hysterical" with Bitcoin under $22,000, but no major trend lines have been lost yet, one analyst argues. Bitcoin (BTC) edged closer to $22,000 over the weekend as traders and analysts urged caution on overly bearish sentiment.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst dismisses "hysterical" crypto sentiment Data from Cointelegraph Markets Pro and TradingView showed BTC/USD seeing small spurts higher into Feb. 12. After hitting three-week lows the week prior, Bitcoin was a target for opportunistic whales, on-chain analytics resource Material Indicators explained. Uploading a chart from the BTC/USD order book on Binance, Material Indicators captured resistance shifting higher, with the potential uptick in spot price offering a more advantageous selling level for large-volume players. “FireCharts shows Crypto Weekend whales seem interested in trying to exploit the upside illiquidity in the Bitcoin order book to sell high...