$ETH will dropJust my opinion but from what I see, the price of ETH will drop in the next few days, let's remember that we are less than three days away from the eth merge; from what I see in many posts, this is something that has people in uncertainty about the price, some saying that the price will go up like foam, and some saying that the price will fall like a snowball, the reality is that nobody can know exactly where the price will move, but at least today I see a double top pattern (see 1hr chart), SSL Channel with a downtrend and MA21 crossing above the candlesticks. This is something very normal after a rise like the one we saw days ago, market rises like this don't continue their course, only the rises with fundamentals behind them are the ones that are maintained, we will see what the merge holds for the price of ETH.
Vitalikbuterin
ETH The Ethereum Merge | What Could Possibly Go Wrong?Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start liquidating their holdings.
MakerDAO (MKR) said that the Ethereum Merge could lead to perpetual contract backwardation and negative funding.
Backwardation and negative funding refer to a market situation where futures prices are lower than the expected spot prices.
The launch could trigger selling pressure across chains existing on proof-of-work.
Ethereum network’s security and performance could be negatively impacted by the upcoming upgrade.
If you haven`t sold ETH Ethereum here:
Then in my opinion the price target for it is $1160.
Looking forward to read your opinion about it.
$ETHUSDT Next Target PT 8k and higherKey Takeaway: Previously, if a customer uses a Crypto.com Visa card to pay for anything, their digital currency held in a cryptocurrency wallet had to be converted to a fiat currency. The cryptocurrency wallet deposited traditional fiat currency into a bank account set to be wired to Visa at the end of the day to settle transactions.
Visa's move meant that it now uses the Ethereum blockchain to strip out the need to convert digital currency into traditional money for the transaction to be settled. The firm partnered with digital asset bank Anchorage to oversee the first payment, with Crypto.com sending USD Coin directly to Visa’s Ethereum address at Anchorage.
Ethereum is a global, open-source platform for decentralized applications. In other words, the vision is to create a world computer that anyone can build applications in a decentralized manner; while all states and data are distributed and publicly accessible. Ethereum supports smart contracts in which developers can write code in order to program digital value. Examples of decentralized apps (dapps) that are built on Ethereum includes token, non-fungible tokens, decentralized finance apps, lending protocol, decentralized exchanges, and much more.
The Battle for Interest Rates: Tezos (XTZ) vs Ethereum (ETH2)Been writing a few long articles lately but the tl;dr of it is that now that interest rates are going up, the asset speculation market (real estate, stocks, venture capital, crypto/NFTs) is largely over and money will start to flow into financial products that provide more "reliable" returns - mainly interest rates.
Given that the banks are dragging its feet in terms of giving people interest in their savings accounts, coins that offer reliable staking rewards will probably start to gain more attention as time goes on.
I've been promoting the coin Tezos quite a bit lately since it's the coin that I feel like has the biggest long-term promise. They currently offer:
1) staking rewards (4.63% on Coinbase but higher if you stake them yourself)
2) on-chain governance (which most don't have, including Bitcoin and Ethereum)
3) people building/minting lots of things on top of it all the time, despite the dips in the market right now
You probably remember me stanning for ETH since that's how I got my first successes is crypto, but to be honest they may be in trouble longer term if they don't do their merge sooner than later - gas fees are one thing but their decision to stick to off-chain governance models (basically trusting its users to make decisions behind closed doors) has been causing major issues in some projects, especially in DAOs. (Look up Brantley and ENS for an example of what happens with coin-based voting systems.)
Whether I give up on ETH completely (I did sell off a pretty big chunk of it recently) will largely depend on how the Consensys merge goes this August and if they move towards or away from the ideals that they're advocating for all the time. They have a lot of catching up to do because #XTZ right now has all of the things they like to talk about already running.
For the average person out there, what they're going to see is banks and crypto competing against each other in something that more people can understand: interest rates. Right now crypto is winning since they have the capacity to offer people better rates than the banks are - and can definitely win if they play their cards right. NFTs are still confusing for most people but one number being higher than another number is something that almost anyone can understand. You might even argue that this is the first time crypto is competing against the banks in a very direct way.
The markets might look scary right now but once it settles down we'll start to see new patterns emerge with new ideas and products taking the scene.
$KISHUUSDT Kishu Inu$KISHU.X Kishu Inu Target PTs 0.00000001706832-0.0000000320031 and higher (PT 0.00033422864193 if it goes Parabolic) Timeline: Fall 2022-Summer 2023
Returns 32-60X (626,618X if it goes Parabolic)
Dark Pool buy on 7/26/2021 at BSP RAW Buy Pressure 500
Where can Kishu Inu be traded?
You can trade Kishu Inu on Gate.io, OKX, and Uniswap (v2). Popular trading pairs for Kishu Inu in the market includes KISHU/USD, KISHU/CAD, KISHU/EUR, KISHU/PHP, KISHU/INR, and KISHU/IDR.
"KISHU INU was created in April 2021 with the goal of being a decentralized meme project with true purpose.
KISHU’s mission is to bring popular cryptocurrency concepts to the mainstream. Unlike older, comparable projects, KISHU introduces holders to next-gen concepts such as participation rewards, NFTs, decentralized exchanges, and more.
Within the first month of its launch, KISHU made history by surpassing a $2 billion market cap and over 100,000 holders. This was an unprecedented milestone for a project of its kind, and proved the world’s belief in the project."
$AKITAUSDT Super Duper Supernova! 💫❤️🕊️$AKITA.X entry PT $0.00000056-$0.00000061
CZ (owner if Binance) secretly owns $AKITA
What does that really mean?
He used to work for the Tokyo Stock Exchange, Shanghai, Bloomberg...everywhere
He created some of the fastest high-frequency trading systems for brokers...
Lots of money will flow into $AKITA.X
^ Vitalik Buterin: With a net worth of 333,000 ETH or over $1.3Bil, the 28-year-old Billionaire
After selling 660Bil $SHIB.X 140Bil $AIKITA.X and 43Bil $ELON.X
Vitalik amounted to a total of 5,712 ETH...
Send Etherium coin to Trust Wallet and use Uniswap to trade for $AKITA.X
Hacked? The Problem With Cross-Chain Tokens and PlatformsLately there has been an increase in hacking activities in crypto and Web3 related projects as whole, as hackers target smaller projects and platforms to siphon money out of vulnerable systems.
To be clear, none of the major protocols or coins has EVER been breached - Bitcoin, Ethereum, Dogecoin, Tezos, etc. The protocol has always been safe, and decentralized. But individual projects and platforms (including DAOs and DeFis) might be vulnerable.
Crypto projects get hacked in two main ways:
1) For efficiency/speeds, crypto projects built on top of certain blockchains often have to be centralized to some extent in order to get the results needed. This often leads to vulnerabilities that can be targeted by hackers (ex. 1 login/password that gives the intruder access to everything).
2) 51% attacks - if the hackers are willing to front enough money to own 51%+ of the tokens, they can use that leverage to basically control the whole blockchain for their own purposes at any time. This gets more difficult as the network grows (since it becomes more expensive to reach 51%+) but smaller blockchain projects are vulnerable to these types of attacks since it requires much less resources than trying to target larger networks. (The major coins out there are basically impossible to 51% attack at this point.)
Because Web3 projects is still in its early stages at this point, breaches like these may become more commonplace and people may end up losing a lot of money if they're not careful. Buyer beware, either way.
According to Vitalik, the solution to this problem is Maximalism a "healthy intolerance" of other forms of thinking. (This is an April Fools joke, just in case. lol)
vitalik.ca
$AKITAUSDT Super Duper Supernona 🌙⭐️💫🌟✨🥰 $SHIBUSDT Apr 19, 2021 Dollar Volume = $541,475,520
$AKITAUSDT May 10, 2021 Dollar Volume = $629,486,505 (b/c they are trying to accumulate w/o running the PT to high)
^ If you study the peaks of both $SHIB.X and $AKITA.X they all run on same exact dates
And then if you compare the Dollar Volume of $AKITA.X first spike it correlates to Apr 19, 2021 of $SHIB.X
Meaning $AKITA.X takes longer to run but didn't run yet...
B/c Vitalik Buterin most likely coded both coins...
$AKITA.X will do exactly what $SHIB.X did
Sell based on Dollar Volume
ETH's "Burn" Model and its Relationship with Politics/CharitiesIn today's inflationary economy where money printing reigns supreme, the idea of "burning" money to maintain a currency's worth stands out as counterintuitive and different. It's also highly illegal - creating your own money supply (counterfeit) or destroying them are usually both felony offenses in most fiat systems right now.
In a way the ability to control a currency's money supply is the biggest draw of crypto on a fundamental level. What happens when we give that power to the people instead of relying on the government to do it for us? When the recession hits later this year, people are going to have a lot of time to ponder that question further.
Vitalik Buterin, to his credit, paved the way towards a "burn charity" model. The "fairest" way to redistribute wealth isn't to start a nonprofit or charity - it's for people to simply destroy their wealth and remove it from the ecosystem. This makes everyone else's money worth a little bit more as a result, always in favor of those who have less.
In a way, it functions like an Universal Basic Income, raising the economy from the bottom up, as Andrew Yang claimed during his US presidential run in 2020. (Vitalik supports UBI too btw.) It is the "fairest" way to redistribute wealth.
The "burn charity" model gets interesting when applied to politics and sociology because it highlights the fundamental problems with human nature in a very clear way. If the end goal is to destroy money supply, it explains why people might get appealed to violent ideas such as "eat the rich" or the destruction of private property - it is striving towards that same idea of redistribution of wealth through the destruction of money in itself. (Luckily in crypto, we can do this in a peaceful way, which politicians should be talking more about, imo.)
On the flip side, fiat has always been against "burn charities" -- you can't create nor destroy fiat money (not that there's a strong will to do that right now by anyone) and the problem with redistribution through taxation is that the government can't be trusted to handle the money in a responsible way. (A "fair" government would take money they seized/collected and simply destroy them, not keep them, imo.)
All of these ideas seem outlandish and radical to our sensibilities right now, which might explain the reasons why good ideas like UBI has had trouble passing in political arenas, despite its popular appeal. People intuitively know that it's a good thing, but often can't explain why. But maybe the idea of "burn charities" might get us a little closer to what we want. Couldn't hurt, either way.
And crypto is the ideal place to experiment with these ideas that are untenable in the real-world due to political realities right now. But I hope that the #Web3 folks will see the opportunity that's there and push the envelope further - it may be our only hope, after all. 🙏
twitter.com
ETH - Watching Possible Breakout Attempt - Exec order in playwatching ETH reaction at 2795/2870 if we get there
trying to wu-tang dbl bottom & flagging for a breakout attempt.
4hr stochrsi overbought but the 12hr, daily, weekly looks like it wants to try.
lots going on politically with executive order so we shall see
Targets on breakout of the downtrend:
3200
3500
and ultimately the 618 @ 3833 but that is just crazy talk
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
ETH Ethereum Price TargetAfter ETH hit the support level and bounced from it:
Now I see the $3300 resistance as a possible price target for Ethereum in the war context right now.
People will also consider digital currencies to preserve capital especially in Russia, where the national currency is at all time low against the US dollar.
In case of a sell-off, the 1800-2200 area is a buy opportunity in my opinion.
Ethereum Co-Founder Shares Thoughts on Russia-Ukraine CrisisIn the midst of awakening turmoil between Russia and Ukraine, the global crypto market declined to a record low. Bitcoin and other altcoins like Ethereum have been dipping since the hint of war hit the news wave.
Talking about Ethereum, co-founder Vitalik Buterin tweeted that Ethereum is neutral but he is not. He declared this following Putin’s declaration of a ‘special military operation’ in Ukraine.
Russia-born but brought up in Canada, Vitalik reminded everyone that his thoughts do not reflect the views and opinions of his company. That said, Ethereum remains neutral.
Meanwhile, he also tweeted “Glory to Ukraine” and condemned Putin’s decision to go on with war by abandoning the chances for a peaceful solution. He also wished everyone safety, even though the situation does not bring it. Also, he mentioned the turmoil as a “crime against the Ukrainian and Russian people’’.
Following the crisis, Ethereum fell 12.07% in the last 24 hours. It also has a current market capitalization of $279.7 billion. Moreover, it has been declining around 24.17% in the past seven days. At the time of writing, it trades at $2,349.02.
March madness maybeThese is not financial advice but look at that chart we might see a bull run yes the war in Ukraine and Russia cools down and numerals of big institution adopting Crypto happening right now please feel free to provide your own analysis thanks do your own research don’t trust the random guy on TradingView
$AKITAUSDT entry PT .00000058-.00000061 Epic Parabolic!Akita Inu Coin Price & Market Data
Akita Inu price today is $0.00000133 with a 24-hour trading volume of $5,187,713. AKITA price is up 7.4% in the last 24 hours. It has a circulating supply of 0 AKITA coins and a total supply of 100 Trillion. If you are looking to buy or sell Akita Inu, Uniswap (v2) is currently the most active exchange.
100% decentralized community experiment with it claims that 1/2 the tokens have been sent to Vitalik Buterin and the other half were locked to a Uniswap pool and the keys burned.