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Posts
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By cryptomaga · Posted
Seems Bitget strategic partnership with Ton ecosystem is paying off as Bitget Wallet Lite mini, hits more than 6 million users in 3 days. On Oct. 31, the exchange announced the official launch of Bitget Wallet Lite, a multichain wallet integrated into Telegram, allowing users to buy, store and send crypto within the app. Few months ago, the exchange launches $20M TON ecosystem fund and also TON network secures $30M investment from Bitget and Foresight Ventures, this led the wallet to surpass Metamask in adoption rate. Some users have shown preference to the wallet as compared to Okx and Binance wallet, could it be the friendly nature or ease to connect Ton project? A recent study shows that the wallet impressive growth cut across emerging markets like Africa, South Asia, and the Middle East, could it be the surge in Ton project that is responsible for this feat? The study also claims that the wallet support for over 100 blockchains, and a wide array of DApps, makes the wallet appealing to a global audience. It further claimed that the wallet support for DEX trading, including features like zero gas fees in certain transactions and instant trading modes could be responsible for the surge in users. https://cointelegraph.com/news/bitget-wallet-telegram-6-million-users-three-days -
Really interesting analysis! I’m with you on being bullish on SOL its performance lately has been impressive, and the technicals are giving all the right signals. The RSI’s upward trend and strong buying volume suggest that there’s real momentum here. Even the recent sell-off by that whale doesn’t shake my confidence; if anything, it reinforces how much profit and growth potential Solana has delivered in a relatively short time. The network activity bringing in $25 million in profits is no small feat either, and it’s part of why I see SOL as a strong long-term play. With it still trading well below its ATH, I think there’s serious room for growth, especially if it breaks that $200 resistance. Plus, seeing the ecosystem mature with more use cases and sustained whale activity really solidifies SOL’s staying power in the competitive blockchain space. This could be one of those correction opportunities that we look back on and wish we’d gone in even harder. Definitely keeping my eye on it for future dip
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By CryptoChamp · Posted
Ethereum is currently trading at around $2,516, but the future looks uncertain. Here’s a closer look at what analysts are saying about the Ether price, eth price prediction, and what might happen next. Current Market Situation Resistance Levels: Ethereum is facing strong resistance at its current price. Bearish Predictions: Some analysts predict that if the downward trend continues, the eth price could fall to $1,551. This level is seen as a break-even point for many investors. Confidence Erosion: A decline to this price may reduce confidence among Ethereum holders. Potential for a Bullish Rally Short-Term Optimism: Despite bearish sentiments, there are signals indicating a possible bullish rally. Wedge Pattern: If Ethereum clears a wedge pattern, it could rise to $2,750, which would be good news for investors. Positive Indicators: The On Balance Volume (OBV) indicator shows a consistent upward trend. The Super Trend indicator has provided support for ETH since October. Diverging Opinions Among Analysts IncomeSharks: This analyst is bullish on Ethereum, suggesting that if current trends continue, the price could bounce back and reverse the downtrend. ColdBloodShiller’s Caution: CBS has a different view, describing Ethereum's price position as "rancid" and predicting a potential formation of a lower high. His bearish outlook stems from the rejection of the Relative Strength Index (RSI) on weekly and three-day time frames, along with the breach of the supporting trend line from September. Will Ethereum Go Up? As we analyze the situation, one crucial question remains: will Ethereum go up? The future of Eth Coin hinges on market conditions and how current price patterns unfold. While some analysts expect a downturn, others are hopeful for a rally. Investors should keep an eye on both bullish and bearish indicators to navigate the ethereum crypto price landscape effectively.
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Question
Kartika
How do I dispose of my CIMIC holding in IG Markets? The only options available are for SRN and HIN holders.
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