Backed by Coinbase Ventures and the Digital Currency Group, altcoin has seen skyrocketing growth in 24 hours Ethereum-based live video streaming project Livepeer (LPT) took off to a new record level $100,99, per day adding more 152%.
Bloomberg Intelligence senior strategist Mike McGlone believes, what shiba inu (SHIB) hard times are ahead According to him, wannabe Dogecoin among 13 000 cryptocurrency is an example of extremes.
Kraken cryptocurrency exchange experts analyzed the short-term potential of two popular smart contract platforms., that institutional investors have launched a new wave of interest in Solana (SOL): “After Solana entered the top 5 cryptocurrencies in terms of market capitalization, new and current market players still show interest in the asset. Especially noteworthy is the interest from large institutions. Pay attention to, that SOL is ready to stay in the third wave of 'course opening', there is a high probability, that in the near future its rate will grow significantly "Experts believe, that SOL has a good chance, to reach the peak of the rising wedge pattern: "The test of this resistance signals, that the SOL course will get to $400 – $500 as early as next month or in the first quarter 2022 of the year "In addition, analysts noted, that Ethereum successfully managed to go above the 5th band of the logarithmic regression rainbow. Provided that the dynamics are preserved, immediate target – $6500. The current dominance of ETH in the capitalization of the entire cryptocurrency market is around 19% can be considered quite low compared to the May highs of the asset. Experts believe, that ETH has a chance of losing ground to competitors in the field of smart contracts: “ETH dominance remains well below the May 20,1%, when the asset showed past highs. I.e, despite ETH reaching a new record rate, the crypto asset occupies a smaller part of the market, than before, and …
Exchange experts mark short-term targets for Solana and Ethereum Read more
Last week, digital asset-based products entered $174 million, as a result, since the beginning of the year, the inflow of funds amounted to $8,9 billion, which is significantly higher than the indicators 2020 of the year (then it was $6,7 billion) Total assets under management (AUM) also reached a record high in $80 billion, while BTC and ETH account for $53 billion and $20 billion respectively. During the last week, BTC-focused funds entered $95 million, and from the beginning of the year the amount was $6,4 billion. New highs shouldn't come as a surprise, as cryptocurrency investments become more popular. Former CEO of Citigroup Vikram Pandit thinks, that in the coming years, all major banks or securities firms will think about cryptocurrency trading. On Ethereum, Sentiment Remains Positive. ETH funds attracted $31 million. Ethereum's market share has declined in recent months due to the dominance of BTC, but the combination of positive exchange rates and inflow of funds led to the growth of AUM ", – сообщается в отчете Coinshares Другие альткоины тоже продолжают пользоваться популярностью. Polkadot-focused funds raised $9,6 million, which is the largest weekly inflow on record. Foundations working with Solana and Cardano raised $8,5 million and $5 million respectively. Tron showed good results last week – inflow amounted to $22 …
The inflow of funds into crypto funds broke last year's record Read more
Goldman Sachs analysts believe, that by the end of this year, ETH has enough room for significant growth, despite the efforts of competitors to reduce its market share Experts believe, that the Ethereum rate is undervalued and by the end of the year may reach $8000. Their analysis is based on similar trading models, taking into account inflation for the period from 2019 of the year. Bank analysts relied on the chart, showing Bloomberg Galaxy cryptocurrency index and 2-year inflation swap. Focusing on the chart, they assumed, that the outlook for ETH looks promising, as he previously monitored inflationary markets and its cyclicality can be a positive indicator: “The market began to press on the historical maximum with a narrowing wedge, which is either a sign of a peak, or a starting point for a high-speed rally on breakouts to higher levels »If the correlation with inflation continues, analysts consider an acceptable target for an asset a level in $8000. Goldman Sachs' outlook is the most optimistic outlook for Ethereum in the short term. Finder recently predicted, that by the end of this year, the Ethereum rate may rise to $5 114, and to 2025 year to get to $18 000. These figures were obtained through a survey, at which 10% upper and lower exchange rate limits were excluded from the final analysis.
Cryptocurrency analyst with the nickname Smart Contracter expects a rapid rally for 4 popular cryptoassets In his opinion, Binance Coin (BNB) is in the midst of an uptrend, which can push the asset price up to $1200. Should BNB Follow Analyst's Scenario, then the altcoin rate may rise from the current levels by another 85%.
DeFi project Aave presented information on a large-scale update V3 and talked about new added features According to Aave, V3 upgrade will enable next generation DeFi protocol of the next generation.
Renowned cryptocurrency analyst Mikael van de Poppe spoke about the near-term prospects of the top three assets According to him, maybe, what for the Cardano smart contract platform (ADA) bullish divergence is forming.
Cryptocurrency trader Aaron Arnold noted the top 5 crypto assets, which are ready for rapid growth at the end of this year. First on his list is Polkadot. (DOT)
"The metaverse will create a new economy, which will exceed the size of the global GDP ". This was the statement made by the head of Nvidia Jen-Hsun Huang in August of this year.. In July, Microsoft CEO Satya Nadella presented the concept of his "corporate metaverse" at a conference.