Mediaboss Marketing

With HedgeUp (HDUP) disrupting the crypto investment space, investors are bullish that the project will yield positive growth and are seeking the latest opportunities to profit. The performance of HedgeUp (HDUP) has left investors wondering if tokens like Ethereum (ETH) and Binance (BNB) will be able to keep up.

Ahead, we will examine how HedgeUp (HDUP) has been able to achieve a lot in a short period while Ethereum (ETH) and Binance (BNB) turn bearish.

>> Buy HedgeUp Now <<

HedgeUp (HDUP) is the new kid on the block. Its a DeFi project that lets traders and investors access the gains that the crypto market upholds. HedgeUp (HDUP) aims to create a platform where users can hedge their investments and minimize their risk exposure. HedgeUp (HDUP)s self-executing Smart contracts automatically executes the agreement terms when certain conditions are met, allowing investors to hedge their crypto holdings. This increases efficiency and reduces costs and other associated fees.

HedgeUp (HDUP) token lets you hedge against market volatility, while the HDUP token serves as the platforms native token. HedgeUp (HDUP) is currently in its Presale stage two with its token selling for $0.013. The next stage price is projected for $0.020. According to the team, the token will aim to launch on 24th June 2023.

Shapella and Capella Upgrade is called Shapella in the Ethereum (ETH) community. According to the Ethereum Foundation, the upgrade will empower users to withdraw funds through Ethereum 2.0 staking contract. The Ethereum 2.0 staking contract, initially launched in December 2020, only accepted the Ethereum (ETH) token, but this will change after the Shapella Upgrade. Since December 2020, users have deposited over 18 million Ethereum (ETH) into the Ethereum 2.0 staking contract.

Ethereum (ETH) is the second largest cryptocurrency in terms of market capitalization after Bitcoin (BTC). In the last 24 hours, the price of Ethereum (ETH) was down by 6.12%, failing to impress both traders and investors. At press time, Ethereum (ETH) trades for $1,979.01 with a 24-hour trading volume of $11,948,551,606.

>> Buy HedgeUp Now <<

Binance (BNB) price continues to struggle after its yearly high. In the last 24 hours, the project was down by 5.33%, dashing the hopes of investors and traders who wanted to make a quick gain. During the price loss, Binance (BNB) reclaimed the $326 horizontal area, which is now expected to provide support.

Binance (BNB) is the worlds leading crypto exchange. You can buy, sell, trade, and even stake different cryptos to make a profit. The most likely Binance (BNB) price forecast is the acceleration of the upward movement toward $357 and potentially $498. A drop below $265 could trigger a bullish outlook. As of press time, Binance (BNB) coin trades for $326.41 with a 24-hour trading volume of $800,971,217.

For more information about HedgeUp (HDUP)

Website: https://hedgeup.io/

Presale: https://app.hedgeup.io/sign-up

Telegram: https://t.me/HedgeUpChat

Twitter: https://twitter.com/HedgeUpOfficial

Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

For publishing articles on our website get in touch with us over email or one of the accounts mentioned below.

More:

Safeguard Your Portfolio With HedgeUp (HDUP) As Ethereum And ... - The Coin Republic

Across the blockchain space, a lot of whale movements can be an indication of which direction a cryptocurrency might swing in next. While there are not any guarantees within any strategy, knowing what whales are getting can be an indication of the next high-growth cryptocurrency.

Whales that have heavily accumulated the Ethereum (ETH) cryptocurrency are moving towards buying Sparklo, and this can be a sign that it can reach new heights throughout 2023 and beyond.

When looked at from the perspective of its market capitalization, the Ethereum (ETH) cryptocurrency has seen a massive level of success, maintaining its position as the second largest.

Ethereum (ETH) boasts one of the largest ecosystems in regard to Decentralized Applications (dApps) and Decentralized Finance (DeFi) use cases.

Recently, the Ethereum (ETH) network completed the Shanghai upgrade, which enabled ecosystem participants and validators to finally be able and unstaked their staked Ethereum (ETH).

The staking process occurred when Ethereum (ETH) moved to the Proof-of-Stake (PoS) consensus model. On April 18, 2023, the coin traded at $2,098.68, with a 24-hour difference of just 0.1%. In the last 30 days, the coin increased in value by 18.5%. Here can see that it halted its overall growth, and its future is uncertain.

Sparklo will be the first blockchain investment platform that will specialize in enabling users the ability to make investments in Silver, Gold, and Platinum.

Any user can invest on top of Sparklo, where a non-fungible token (NFT) will get minted, then fractionalized. Each NFT will represent Silver, Gold, or Platinum, and as such, users can either buy a fraction of a gold bar, for example or buy it fully.

Those who aim to diversify their portfolio can make an investment in both the SPRK token, as well as the precious metals on top of the platform, leading to more exposure to different types of assets and classes.

Sparklo is being developed as the first alternative-investment platform that is exclusively tailored toward cryptocurrency investors who have an interest for precious metals.

Historically, getting access to precious metals has been difficult for many people, either due to the transportation and storage or due to the high costs associated with getting them.

By implementing fractional ownership, Sparklo ensures that the assets are a lot more liquid and that more people than ever before will have access to them.

At the Level One presale, the value of the SPRK cryptocurrency is $0.015. Analysts predict that it can climb to 40x its current value by the end of 2023. The team is currently processing a KYC application, and the platform has already been audited by InterFi Network. The liquidity will also be locked for 100 years, while the team tokens will be locked for 1,000 days.

Buy Presale: https://invest.sparklo.finance

Website: https://sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

Read the original here:

Ethereum Whale buying into Sparklo (SPRK) shows signs that it ... - Analytics Insight

Dr. Arnout ter Schure |Apr 19, 2023 02:26PM ET

Two weeks ago, when Ethereum (ETH) was trading in the $1860s (see here), our primary expectation based on the Elliott Wave Principle (EWP) was,

"Thus, the green W-1, 2; grey W-i, ii setups we have been tracking since January 10 should now be complete. ETH should now be in blue W-iii of orange W-3 of grey W-iii as long as it can stay above $1765. Thus, ETH continues to follow our preferred scenario of an EWP-based impulse path higher and has topped and bottomed in most of our forecasted EWP-based target zones." See Figure 1 below.

ETH's orange W-3 and W-4 topped and bottomed around where we had placed their labels two weeks ago: $2137 vs. $2100-2150 and currently $1965 vs. $1950-2000, respectively. See that chart .

Figure 1. Ethereum daily chart with detailed EWP count and technical indicators.

Thus, our preferred, primary expectation for higher prices remains correct, as we have been Bullish on ETH since January. Still, we recognize that ETH must stay above certain levels to keep that upside momentum. Those levels can be used as one's stops, for example. Being mindful of those price levels prevents disaster in one's portfolio.

Why is the $1845 level now critical? Because below that level means what we believe is the orange W-4 will overlap with the orange W-1, and that is not allowed in a standard impulse. In that case, something else will happen, and we must re-assess the charts. For example, we could be off by one or two wave degrees.

In more detail, the current decline should be a minor wave, orange W-4, of the one-degree higher grey W-iii. And in addition to that, green W-3 should still be underway and target, ideally, $2400-2500. Thus, as long as ETH can stay above $1845, with a first warning for the Bulls below $1940 support, it continues to follow our preferred scenario of an EWP-based impulse path higher.

It has topped and bottomed in most of our forecasted EWP-based target zones. See the blue target zones in Figure 1. This foresight is the true power of the EWP, as few would have foreseen this set up months ago, and our premium members and algo-traders reap the benefits of our EW-based foresight.

Read market moving news with a personalized feed of stocks you care about.

Get The App

Written By: Dr. Arnout ter Schure

Read the original post:

Is Ethereum's Path to $3000 in Jeopardy? - Investing.com

The crypto market cap fell 4.48% in the last 24 hours, at the time of writing. Most of the wiped-out liquidity was from the altcoin market and Ethereum Classic was one of the coins at the forefront of the latest sell-off.

Is your portfolio green? Check out the Ethereum Classic Profit Calculator

A brief look at CoinMarketCap revealed that the top altcoins shed a substantial amount of value in the last 24 hours.

This decline was largely associated with the uncertainty caused by SEC chair Garry Gensler during a recent congressional hearing.

Ethereum Classic appears to be among the top coins caught up in the recent contagion.

Consider this- ETC fell by over 8% in the last 24 hours, wiping out all of the gains that it achieved in the second week of April.

The previous rally had resulted in a breakout from its megaphone pattern that prevailed since February. The breakout led to a stronger bullish expectation but ETC cooled down slightly since mid-February.

The selling pressure, at press time, pushed the alt below the 50% RSI level which suggested that the market favored the bears.

Switching to the 4-hour price chart revealed that the price was, at press time, oversold, but a slight recovery was in sight. This is because the price has retested short-term support near the $20.18 price zone.

While there is a significant prospect of a bounce back from the current level, it is worth noting that Ethereum Classic has so far lost slightly over $367 million from its market cap since 14 April.

However, it regained roughly $16 million from its 24-hour bottom.

Realistic or not, heres Ethereum Classics market cap in BTC terms

Furthermore, Ethereum Classics on-chain volume fell significantly in the last seven days. However, it registered a slight uptick over the last day, likely associated with the accumulation after the dip. Furthermore, the daily volume surged back above $200 million.

Current observations suggest that the initial wave of sell pressure is cooling down. The slight market cap gain indicates that some investors are already looking to capitalize on the recovery.

Ethereum Classic bulls were taking a break before the latest crash, hence many buyers may see the current drawdown as an opportunity to buy back at a steeper-than-anticipated discount.

While the current expectations are bullish, it does not necessarily mean that the bears are done with their assault. There is still a probability of more downside if Ethereum Classic fails to secure enough bullish momentum.

See original here:

Ethereum Classic [ETC] leads the altcoin decline- Heres the detailed report - AMBCrypto News

Coinbase, an American exchange, has released a new listing roadmap causing these two altcoins to rally, an Ethereum (ETH)-based altcoin and a low-cap Arbitrum (ARB)-based project.

Based on the announcement, Coinbase would be integrating cross-chain bridge Multichain (MULTI) and Arbitrum-based stablecoin issuer and decentralized finance (DeFi) developer Sperax (SPA) to its listing roadmap.

Following the announcement, MULTI soared 12.6% from a 24-hour low of around $10.70 to an intra-day high of $12.05, barely hours after Coinbases Twitter post went up. However, the altcoin has since retraced to trade at $10.88 at the time of writing.

MULTI/USDT 1-day chart

The Multichain ecosystem is a cross-chain platform where users can conveniently bridge tokens across multiple blockchains. Based on latest data, the platform currently supports up to 74 chains.

On the other hand, SPA, an Arbitrum-based stablecoin issuer and DeFi developer reacted to the listing news with an uptick of around 70%, exploding from its 24-hour low of $0.00540 to an astonishing $0.00782 within minutes post-listing announcement.

SPA/USDT 1-day chart

While Sperax also pulled back shortly after, it regained momentum to secure a market valuation of around $0.00730 at the time of writing, denoting an increase of over 39% in the last 24 hours.

The Sperax ecosystem is reputed for developing a pioneer auto-yielding stablecoin. Speaking on the stablecoin, crypto analytics platform Messari said,

It combines the scalability benefits of algorithmic stablecoins with the stability benefits of collateralized stablecoins.

Securing a listing on a large cryptocurrency exchange is a big deal for any project as such events can often determine a make-or-break level for the adoption and market impact of the concerned coin. Moreover, being listed on one exchange relative to another could mean the difference between one hundred thousand and ten million customers. This explains why it is of utmost significance that a crypto project, new and old alike, secures a listing spot with top-tier exchanges like Binance or Coinbase.

Notably, a project could have a lot of potentialbut may fail to reach this potential simply because of a lack of exchange listings.

While featuring on Coinbases roadmap does not guarantee that Multichain and Sperax will be listed, it indicates that the largest crypto exchange in America has seen their potential and may support MULTI and SPA in the future.

Notably, Coinbase exchange developed a new roadmap system in an attempt to foster transparency in its listing processes while preventing inside trading.

See the original post here:

Coinbase listing roadmap fuel rallies in Ethereum-based altcoin and another Arbitrum-based project - FXStreet