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Cryptocurrency News Articles
Ethereum (ETH) Will Lose Gains Against Bitcoin (BTC) as the Flagship Cryptocurrency Approaches $100,000 to Set a New Price Record, a Crypto Expert Predicted
Nov 28, 2024 at 12:00 pm
Investors look to FXGuys ($FXG) presale coin instead, expecting a 25x gain. Set to generate a 20% annual return on staking, the prop firm coin is regarded as the best crypto ICO.
Crypto expert warns about Ethereum decline against Bitcoin
An interesting development was highlighted by the widely-followed crypto guru Altcoin Sherpa, who alerted his followers about Ethereum losing its footing against Bitcoin. The analyst dropped this analysis in an X post on November 20, 2024.
According to Altcoin Sherpa, a close examination of the chart reveals that Ethereum is on the verge of a steep decline against Bitcoin. The ETH/BTC pair is about to witness a notable decline that ETH will herald.
Taking to X, Altcoin Sherpa shared a chart similar to one he obtained a few months back. Per the analyst, both charts looked nearly identical, with Ethereum hanging near its bottom for the ETH/BTC pair at $0.025 and $0.030.
This analysis suggests that Ethereum may not be a good crypto to buy now. Meanwhile, ETH trades at $3,402, up 7.81% within a week.
TYMIO founder predicts Bitcoin will hit $180,000 by 2025
Georgii Verbitskii, the founder of the TYMIO DeFi platform, presented a forecast that suggests Bitcoin will hit $180,000 in 2025. He shared this forecast during a recent sitting with a crypto news outlet.
Georgii noted that BTC will reach $120,000 by the end of this year or early next year before President-elect Donald Trump assumes office on January 20, 2025. He then said that Bitcoin will maintain an upward trend, rising to $180,000 before 2025 ends as more users accumulate the coin.
However, Georgii warned traders to implement effective risk management strategies like position diversification, authorizing trades through limit orders, and using options to buffer the impacts of sudden market reversals.
He further stated that Bitcoin will experience a supply shock from the reduced block subsidy from the 2024 halving, future halving, and lost keys. BTC trades at $97,796, gaining 7.49% over the last seven days.
Investors expect a 25x gain from FXGuys: Will the prop firm live up to expectations?
Amid Ethereum’s struggles, an ERC-20 prop firm coin, $FXG, has captured significant interest from investors. This coin promises up to 25-fold returns to investors before this year ends, but will it deliver?
$FXG is the native token of FXGuys, a proprietary trading firm that caters to the investment and trading needs of investors and traders. The prop firm offers assets from different sectors of the financial markets, including stocks, cryptos, FX, and commodities, allowing users the freedom to diversify.
Some of its core features include tax-free trading, daily payouts, staking, Trade2Earn, and Trader Funding Program. These features distinguish the FX Guys platform from other prop firms in the DeFi space.
The FX Guys Trade2Earn program, as the name implies, is a reward system in which traders are rewarded for every trade executed on the platform. $FXG tokens will be credited directly into their wallets regardless of the trade’s outcome.
The FXGuys Trader Funding Program, on the other hand, provides traders with sufficient capital to participate in the crypto, stocks, or Forex market. It is a financing aid in which up to $500,000 in trading capital is released to traders, along with 80% of the profits made.
FXGuys’ offerings have shifted the focus to $FXG, its presale token set for a 25x rally. With the bull market to fuel its ascent, the prop firm coin will likely achieve the expected upsurge.
$FXG: The best crypto ICO of 2024 for over 25x gains
People who acquired ETH during its ICO phase have realized over 10,000 times the value of their investment. The same could be the fate of investors in $FXG.
Having entered Stage 2 of its public presale, $FXG now costs $0.04 per token. Over $2.7 million have been invested in the prop firm coin presale, suggesting investors are confident in its potential.
If this sentiment continues, FXGuys could raise more than $10 million by the end of its presale, and $FXG will achieve a 25x rally before the bull market ends. As such, $FXG is regarded as the best crypto ICO to invest in today.
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- ED seizes additional assets in India and Dubai linked to 'HPZ Token' money laundering scheme
- Nov 28, 2024 at 06:25 pm
- The Enforcement Directorate (ED) has taken significant action by seizing additional assets in India and Dubai as part of its investigation into the 'HPZ Token' money laundering scheme on Thursday.
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- Kraken NFT Marketplace to Shut Down on November 27, Citing Shift in Strategy
- Nov 28, 2024 at 06:25 pm
- In an email to clients, Kraken confirmed that the platform will enter a withdrawal-only phase on November 27. Users will have a three-month window to transfer their NFTs before the marketplace shuts down completely.