Ethereum (ETH) Expected to Reach $4,000 Amid Bitcoin (BTC) Decline
Welcome to the latest crypto news roundup! Here’s a friendly take on the latest updates, all rooted in verified information, so you can stay informed without getting lost in the jargon.
Let’s start with Bitcoin (BTC). Michael Saylor, MicroStrategy’s CEO, is holding strong on their Bitcoin bet, even as BTC prices take a dive. The odds of Bitcoin hitting $100,000 seem to be shifting, with some pointing fingers at Stellar (XLM) and Polkadot (DOT). But fear not, Santiment has some insights to share on this intriguing development.
On to Ethereum (ETH). The latest upgrade has made Ethereum censorship-resistant, a big win for the blockchain community. Will Bitcoin finally “bury” Ethereum as suggested by Peter Brandt? And reports show that Solana is giving Ethereum a run for its money in terms of volume.
Now, let’s discuss Cardano (ADA). The anticipated $100,000 Bitcoin target might be out of reach. Plus, the author of “Rich Dad Poor Dad” has some bold Bitcoin predictions. The crypto market recently saw a $500 million liquidation wave as XRP took a hit.
Ripple and XRP have been making headlines too. Ripple’s CEO scored a coveted interview on “60 Minutes.” Could this play a role in the shifting odds of Bitcoin hitting $100,000? Meanwhile, XRP saw a whopping 353% increase in fund flows within just a week.
Shiba Inu (SHIB) enthusiasts, take note. Shytoshi Kusama dropped an interesting detail about SHIB burns. Despite a surge in whale activity, SHIB prices experienced a dip. Yet, Shytoshi Kusama remains confident in the supremacy of Shiba Inu based on the “World of Statistics.”
Dogecoin (DOGE) has been on a rollercoaster as well. The $100,000 Bitcoin dream might be fading, but Raoul Pal’s epic Dogecoin prediction is sure to pique your interest. In a jaw-dropping spree, Dogecoin soared by 275% thanks to some significant whale buying.
Looking at meme cryptocurrencies, Binance added six new tokens, including Hedera, Solana, and meme coins, shaking up the market. Additionally, Coinbase’s CEO made an intriguing offer related to Elon Musk’s D.O.G.E, adding more fuel to the meme coin craze. Meanwhile, PEPE saw a major trading frenzy as it hit a new all-time high.
In the world of NFTs, the SHIB ‘Inferno’ Index saw a remarkable 232% surge, leading to an unexpected price reaction. NFL Rivals went big with the Monster Smash 2 campaign featuring Adrian Peterson, while a fundamental BONE statement was issued by the SHIB team.
Stay tuned for more interviews, opinions, and reviews coming your way. From female AI chatbots to the future of AI meme coins, Darkex Crypto Exchange launches, and insights on Layer 2 in Blockchain, there’s plenty to keep you informed and entertained in the ever-evolving world of cryptocurrencies.