Ethereum Layer 2 Project ZKSwap will Airdrop 80 Million ZKS to Layer1 and Layer2 ZKS Holders.
In order to optimize the economic model, increase the circulation supply, promote Ethereum users’ awareness of layer2, and attract more users to migrate to ZKSwap’s Layer2 to experience zero gas fee, real-time transfer, and AMM swap services, the ZKSwap team has decided to conduct another 1:1 airdrop to all users who hold ZKS in layer1 (exchanges or independent wallet addresses), ZKSwap layer 2 or ZKSwap Proof-of-staking contract. The tokens for this airdrop will come from the allocation for long-term incentives. The snapshot for the airdrop will be taken at 10:00 am February 25, 2021, Beijing time.
The airdrop will only be conducted for the 80 million tokens currently in circulation.
A major United States-based cryptocurrency exchange PayBito has halted all XRP trading on its platform in the wake of the Securities and Exchange Commission’s ongoing lawsuit against Ripple Labs.
PayBito said it would continue to monitor the ongoing legal dispute between the SEC and Ripple Labs, suggesting it could reinstate XRP trading depending on the outcome of the lawsuit.
⚡️ Success of XRP Predictions on STIPS|Oculus 91% in the last 2 weeks.
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BCH, BNB and LTC ↗️ 46.6%, 40% and 26% over the week.
The success of forecasts for the last 2 weeks for these cryptocurrencies was:
BCH - 87%
LTC - 86%
BNB - 85%
⚡️ Congratulations to the most attentive who did not miss the signal for BNB ↗️ by 98% 🚀. The signal worked successfully.
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Top 30 Most Popular Cryptocurrencies On CoinGecko This Week. Please note that for some cryptocurrencies from this rating, the success of predictions on the STIPS|Oculus platform is 90%.
Читать полностью…Growing institutional interest in Bitcoin (BTC) helped elevate the top cryptocurrency to a new record high.
Following the launch of CME Ether futures contracts, Ether (ETH) price surged to a new high at $1,825. Data from CoinMetrics suggests that the CME launch could lead to accelerated inflows into the Grayscale Ethereum Trust (ETHE).
Meanwhile, Litecoin futures have also seen a surge in activity with a record $584 million in open interest, indicating that the altcoin is attracting the attention of institutional investors.
Over the past 2 weeks, the success rate of forecasts for ETH and LTC is 91% and 86%.
See the success of forecasts for BTC and other cryptocurrencies.
On the night of February 8, the CME Chicago Mercantile Exchange launched Ethereum futures trading.
Price data for the instrument is provided by crypto exchanges Bitstamp, Coinbase, Gemini, itBit, and Kraken. In anticipation of the start of trading, quotations of the largest altcoin by capitalization fell to $ 1490, after which they began to grow.
Today's forecast on the STIPS | Oculus platform is a slight increase in price (by 1.47%). The success rate of forecasts for 2 weeks is 82%.
The new product is traded under the ticker ETH. Companies providing liquidity for futures include BlockFi, Galaxy, Genesis, CoinShares, and the New York Digital Investment Group. One contract is equivalent to 50 ETH (about $ 81 thousand).
Good forecasts for growth up to 5% for DASH and BCH, success of forecasts for 92% and 85%.
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On the morning of January 4, the price of Ethereum on the Binance crypto exchange reached $ 1695 for the first time.
At the time of the publication of the post, the price of ETH is around $ 1674. Over the past day, the asset has risen in price by 7%, since the beginning of this year - by 137%.
2 days ago, February 2, the STIPS | Oculus platform signaled an increase of 8.70% to $ 1,513 (within 7 days). This signal worked successfully.
Today's signal (given at 06:00 UTM) shows an increase in ETH by 8.34% (within 7 days). The success rate of signals for the last 2 weeks is 77%. The status "Successful" is received by signals that have worked 50% towards the specified price.
More information on the website: https://stipsoculus.com/dashboard-currency
Reddit has partnered with the Ethereum Foundation, a new lawsuit has been filed against Ripple, a vulnerability threatening cryptocurrency holders has been found on Apple devices and other news of the past working week.
📌 Monday
Ethereum has renewed its all-time high. The value of the largest altcoin by capitalization reached $ 1,475 for the first time. Since March last year, it has grown by 1615%.
📌 Wednesday
A vulnerability threatening cryptocurrency holders was discovered on the iPhone and iPad. Coinbase developer Pete Kim has urged digital asset owners to upgrade their smartphones. They can be accessed by attackers due to a detected bug. Apple has confirmed the problem.
📌 Thursday
Reddit has announced a partnership with the Ethereum Foundation. The site, which has over 50 million daily visits, has partnered with a blockchain project to bring it to "Reddit scale."
📌 Friday
Bitcoin rose in price by $ 5 thousand in half an hour after Elon Musk's tweet. The head of Tesla and SpaceX posted the hashtag of the first cryptocurrency on his Twitter account. Within half an hour after that, its rate soared from $ 32 thousand to $ 37 thousand.
Bitcoin or Ethereum: which cryptocurrency to buy.
Bitcoin is currently in range (an area on the chart where there is no clear trend), ether looks more attractive, especially with the launch of Ethereum futures, which is scheduled for February.
A good growth factor for ether is the movement of altcoins quotes. As soon as the value of bitcoin stops falling and freezes in a small range, other coins start to "shoot". For example, on January 25, the LINK token updated its historical maximum value above $ 25.7, since the beginning of the year it has risen in price by 134%. The success of LINK forecasts on the platform for the last 2 weeks is 79%.
The STIPS | Oculus platform allows you to successfully trade in high volatility environments. This is clearly illustrated by the example of Bitcoin. Today's signal by + 2.9% worked out successfully. The price of bitcoin at the time when the signal was given was $ 31,940. During the day on Binance, the price of bitcoin rose to $ 32,800. The success of forecasts for BTC on the platform for the last 2 weeks is 92%.
All signals that have worked 50% towards the specified price receive the status “Successful”.
Crypto market cap falls by $113B as Bitcoin price tumbles to $28,750.
Out of the top-100 coins, the only project with notable gains was CELO, which gained $48.87% and trades at $3.37. ETH corrected by 21.28% and Polkadot lost 8%.
The overall cryptocurrency market cap now stands at $871 billion and Bitcoin’s dominance rate is 64.3%.
The United States Financial Crimes Enforcement Network, or FinCEN, recently proposed a series of new regulations applying to financial institutions dealing with digital currencies, such as Bitcoin (BTC). To summarize the proposed regulations, exchanges would essentially be required to file a report with FinCEN when a customer makes a purchase in excess of $10,000, and gather Know Your Customer information any time a transaction of $3,000 or greater is conducted using a non-custodial wallet.
This means that if a customer buys $3,000 worth of Bitcoin and withdraws it to a wallet they control, they would have to not only prove ownership of that wallet but also provide their name and physical address, along with additional identifying information.
For the rest of cryptocurrency users, the newly proposed regulations would put a significant friction point on deposits and withdrawals. At present, a user signs up to an exchange, submits KYC documents for approval, and can buy and withdraw Bitcoin to a wallet they control, including a hardware wallet for cold storage. When wishing to realize gains, they can then move the funds back onto the exchange and sell for spending money in the bank.
In the future, however, they may be required to prove ownership of the wallet to which they withdraw, including providing their physical address, and similarly, prove the origin of the funds when moving back on to an exchange. This may lead many users, including the privacy- and autonomy-conscious (of which there are many in the Bitcoin world), to seek other, less intrusive ways of using their digital funds. Making payments directly for the goods and services they desire, rather than first selling for fiat currency, avoids the headache of passing through the regulation-induced friction point every time.
The new U.S. regulations regarding non-custodial wallets may push more cryptocurrency users to skip the exchanges altogether and use their coins to directly buy and sell goods and services.
Kicking off with something new – CoinGecko's Top 10 Trending Coins in the United States
Coming in at NO.1 is @UTRUST ($UTK)! Followed by a few others, including #EGLD #BITCOIN #ETH #LINK
The correction that happened on January 11 in the cryptocurrency market made it possible to buy many coins at 20% cheaper prices.
The bitcoin rate fell from $ 41 thousand below $ 31 thousand, at the time of posting BTC is trading in the region of $ 35 thousand. At the same time, Ethereum fell from $ 1350 to $ 915, now its price is around $ 1000. In order to have a complete picture of the market, you need to know about the likely movement of the price of the cryptocurrency. STIPS|Oculus will help you with this best. Now, if we talk about trading, then it is better to trade on several assets. This will reduce the risks.
STIPS|Oculus gives good predictions for BAT, BCH, BNB, BTC, DASH, EOS, LINK, LTC, XLM. The success rate on them for the last 2 weeks is over 90%.
Data from CryptoCompare shows that bitcoin trading volumes on the eight major exchanges tracked on the CoinDesk 20 have passed $11 billion, a new all-time high from the previous record during 2017's crypto bull market. The surging volume due came in part from newcomers to the market. “At its highest point last week, over 1.3 million bitcoin addresses were active in a single day," the on-chain data analytics firm Glassnode wrote in its weekly market report on Jan. 11.
The latest market sell-off was due to some short-term profit-taking by institutional investors, after prices went too high in the past week.
The sharp price drop was likely driven by hedge funds taking short-term profits after bitcoin's prices soared quickly at the start of the year.
Bitcoin futures on CME are traded between Sunday and Friday and is closed during weekends, according to CME's website. When the market closed on Friday, Jan 8., data from TradingView showed that bitcoin's price on CME was at $39,520.
The CME has become the largest bitcoin futures exchange by number of open contracts as institutional interest in bitcoin continues to grow, as CoinDesk reported in December.
Others also said bitcoin options market is another driver of the price volatility.
There is a great number of open options interest at the $36,000 and the $52,000 levels, respectively, according to data from Skew. Since there is a good deal of open options interest at the $52,000 price level, we could see a recovery quicker than many expect.
Top 30 Most Popular Cryptocurrencies On CoinGecko This Week. Please note that for some cryptocurrencies from this rating, the success of predictions on the STIPS|Oculus platform is 90%.
Читать полностью…Top 30 Most Popular Cryptocurrencies On CoinGecko This Week.
Please note that for some cryptocurrencies from this rating, the success of predictions on the STIPS|Oculus platform is 90%.
The Ethereum price on the Binance crypto exchange has updated its all-time high at around $ 1.9 thousand.
Over the past day, the largest altcoin in terms of capitalization has risen in price by 7%, and its market capitalization has reached $ 217 billion.
The rise in Ethereum quotes has led to an increase in the cost of transaction fees on the network. According to bitinfocharts, now this indicator is at about $ 20, while making transactions on decentralized exchanges that operate on the basis of cryptocurrency costs users $ 100 or more.
⚡️ Today's signal for ETH + 6%. Target price $ 2017 (within 7 days). Current price $ 1924. The price at the time of the signal is $ 1903.
Over the past 2 weeks on the STIPS | Oculus platform, the success of predictions for ETH is 92%. The status "Successful" is received by signals that have worked 50% towards the specified price.
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Altcoins plunged steeply on Feb. 14 after the price of Bitcoin (BTC) achieved a new all-time high above $49,000.
The timing of the altcoin market’s drop was noteworthy because it corrected as BTC was rallying, which typically does not happen.
The reasons the altcoin market retreated.
The price of Bitcoin rallied to a new record-high, it sucked out most of the volume in the cryptocurrency market. This naturally caused the market to sway towards BTC, contributing to the pullback of altcoins. For now, Bitcoin is maintaining its bullish market structure, which would relieve some of the selling pressure on the altcoin market in the foreseeable future. Bitcoin is continuing to see consecutive bull flags. Bull flags are a market structure in technical analysis that materialize when the asset breaks out after consolidating within a range. This typically demonstrates a staircase-like rally that is sustainable over the longer term.
Look at the generated signals for BTC and altcoins.
Electric car manufacturer Tesla has seen more than $55 billion wiped from its market cap since announcing the purchase of $1.5 billion in Bitcoin four days ago.
Since Tesla’s announcement on Monday, the electric car giant’s stock price has dropped 7% from $869.52 ($834.6 billion market cap). It is currently trading at $811.66 ($779 billion market cap).
While there may be other factors behind the share price drop, some investors are concerned that holding 8% of the company's cash reserve in a volatile asset is an unnecessary risk.
Despite the timing, there is no evidence that these sales are related to the recent Bitcoin news. And for that matter, it's unclear of what impact the Bitcoin buy had on the share price, given news also broke this week that Tesla had been called in by Chinese government regulators for talks over quality issues in its electric cars.
As for bitcoin itself, the STIPS|Oculus platform has a “hold” recommendation. At the time of the publication of the post, the price of bitcoin was around $ 47,500. Although on February 12, the bitcoin rate on the Binance crypto exchange reached $ 49,000 for the first time. After that, it dropped.
The success rate for Bitcoin forecasts for the last 2 weeks based on 25 predictions is 88%.
See the success for other cryptocurrencies.
Large investors started buying bitcoin even after the price surge.
In addition to Tesla, legendary investor Bill Miller Buy Bitcoin by investing over $ 300 million (15% of assets) in the Grayscale Bitcoin Trust. According to the Miller Opportunity Trust filing with the US Securities and Exchange Commission (SEC), "the fund can indirectly invest in bitcoin through an investment in the Grayscale Bitcoin Trust - which owns BTC."
Another person who openly invests in Bitcoin, Ricardo Salinas Pliego, is the third richest person in Mexico (worth $ 13 billion). Following Musk, he added the hashtag Bitcoin to his Twitter biography. By the end of the year, the Mexican billionaire announced that 10% of his “liquid portfolio” was invested in bitcoin.
Today's STIPS|Oculus forecast for bitcoin is 2.87% up to $ 48,070 within 24 hours. Success in 2 weeks based on 24 signals 83%.
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Ethereum began to fall. When will cryptocurrency return to growth?
The price of the largest altcoin by capitalization is declining after renewing its all-time high around $ 1,760. As of February 7, 11:15 Moscow time, the coin rate is $ 1640, over the past two days it has decreased by almost 7%.
Today's forecast for the STIPS | Oculus platform is also on the decline.
If the price of the coin fails to hold above $ 1500, the next strong support will be $ 1440. If the asset holds above $ 1,500, it will first need to break through the $ 1,700 resistance zone. A break above the next major $ 1,750 mark will allow Ethereum to rise to $ 1,800 to $ 1,850 in the short term.
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The Ripple token is up 142% in four days.
The rise in the value of XRP is associated with the activity of Reddit users, who previously inflated the quotes of GameStop shares and other stock market instruments.
🔥 Our tool Community Analysis also records the increase in messages. The tool shows price changes and the number of mentions in two of the largest forums dedicated to cryptocurrencies. In other words, how the number of mentions affects the price. Go to Community Analysis and view data on other tokens. By subscribing to receive notifications, you will have operational information around which token the hype begins.
XRP has become the second consecutive cryptocurrency that has surged in value in recent days. Before that, a similar thing happened with the Dogecoin token, which in three days has risen in price 12 times, to a maximum of $ 0.087.
When the richest man in the world Elon Musk updated his Twitter bio on Jan. 29 — simply adding the word ‘Bitcoin’ — it was followed by a near-immediate 13% increase to the Bitcoin (BTC) spot price.
Tweeted at 8:22 a.m. UTC, Musk’s 43 million followers apparently took notice. Some assumed the tweet was a reference to the Dogecoin (DOGE) price surge which was ignited by r/wallstreetbet traders as a follow-up to the recent Gamestop (GME) stock short-squeeze. Others assumed the tweet was related to Bitcoin.
Either way, at 8:24 a.m., Bitcoin suddenly took off. Over the course of the next 30 minutes, the value of Bitcoin increased by 13.9%, as the coin price climbed from a starting point of $32,194. By 9:04 a.m., the coin was worth $36,670, according to data from CoinMarketCap. Shortly afterward, BTC continued to climb, eventually hitting $37,420 — representing more than 20% growth in the previous 24 hours.
On the night of January 25, the value of Ethereum on Binance for the first time in history reached $ 1,475.
The growth began on January 22, the asset went up in price by more than 40% in three days.
Altcoin capitalization exceeded $ 162 billion. The daily trading volume of the asset reached $ 45 billion, according to Coingecko. The share of Ethereum on the crypto market was 16.2%, Bitcoin - 61.6%. The overall valuation of the digital money industry has risen above $ 1 trillion.
The success of predictions for ETH on the STIPS|Oculus platform in the last 2 weeks is 92%.
Yesterday, the Ethereum rate renewed its all-time high, reaching $ 1440.
Thus, the altcoin has surpassed the all-time high of $ 1,428, set in January 2018. Over the past day, the cryptocurrency has risen in price by 17%. STIPS | Oculus has signaled a 10.88% price increase.
Congratulations to everyone who is following the platform signals.
Over the past 2 weeks, the success rate of forecasts for ETH based on 13 signals is 92% 🔥
Chainlink token has risen in price by 150% over the month and reached a new maximum. In March last year, it cost 15 times cheaper. At the time of this writing, the cryptocurrency rate is $ 22.51.
Now the coin is ranked 8th in the ranking of cryptocurrencies in terms of capitalization.
The success rate of STIPS | Oculus predictions for the last 2 weeks is 100%.
Analysts predict Ether may soon hit a new all-time high after ETH reserves on centralized exchanges fell by 27% in two days.
The amount of Ether held on exchanges has plunged over the past two days, with CryptoQuant data indicating that just 8.1 million ETH is currently sitting in the reserves of centralized exchanges.
Other data providers also show that exchange balances have fallen by 42.5% since tagging an all-time high of 14.1 million in mid-May 2020.
Data from Glassnode indicates that Ether reserves on centralized exchanges have not been this low since July 2018. As of this writing, only 7% of Ether’s circulating supply is held on exchanges.
Visit STIPS|Oculus Today's Forecast (01/15/2021) predicts a 10.88% rise in ETH. The success rate of all-time predictions based on 520 predictions is 79%.
XLM re-enters top-10 coins by market cap after surging nearly 30%.
Over the past 2 weeks, the success rate of XLM predictions on the STIPS|Oculus platform is 91%. You can see the success for other cryptocurrencies in the Log Forecast.
The incoming Biden administration’s plan to flood the U.S. economy with trillions of dollars could ignite the next leg of the Bitcoin (BTC) bull market, as more investors seek refuge from a crumbling United States dollar.
Axios, an Arlington-based news outlet, reported Thursday that Joe Biden has asked Congress to provide Americans with $2,000 in stimulus payments to help offset the economic devastation of Covid-19. The incoming president has also proposed a $3 trillion tax and infrastructure package as part of his “Build Back Better” program.
A 13% rise in the price of ETH over the past 24 hours has propelled Ethereum onto a list of the top 100 traded assets by market cap for the first time, as measured by CompaniesMarketCap.com.
Ethereum marched past 12 other entries on the list today and is currently positioned in the #88 spot, between Bristol-Myers Squibb at #89 and Anheuser-Busch at #87.
Bitcoin — the only other cryptocurrency on the top 100 list — has also been on a tear through the rankings, surpassing Visa, Berkshire Hathaway, Alibaba and most recently Tencent, to move up to the #10 spot.