The Mexican billionaire’s comment on buying Bitcoin and avoiding fiat money suggests that ADA is creating a potential bullish pattern. Here are some highlights from the crypto market.
Mexican third richest billionaire, Ricardo Salinas Pliego, sent a warm New Year’s message to the Bitcoin (BTC) market on Christmas Eve, recommending buying Bitcoin in a 2-minute video.
According to Salinas, users should stay away from fiat currencies, whether it’s USD, Euro or Yen, as they are all the same, they are managed and created by a central bank.
“Invest in Bitcoin!” – said the billionaire.
Salinas also advises people to let go of envy and always believe in themselves, especially when it comes to freedom and innovation.
Un abrazo y todo el éxito del universo para todos ustedes, que Dios les de salud, ganas de vivir y de salir adelante, el mundo es de los soñadores! pic.twitter.com/yL3HSNb9Hb
– Ricardo Salinas Pliego (@RicardoBSalinas) December 24, 2021
No wonder Salinas is encouraging investments in BTC. A popular Bitcoin evangelist since 2013, he is considered a “Mexican businessman and Bitcoin owner”.
Ethereum Classic News
Follow notification Recently, the ETC Cooperative, a public charity focused on helping the development and growth of Ethereum Classic, will fund the development of Core Geth applications starting next month.
Core-Geth is an Ethereum protocol provider that enables users to launch Ethereum Classic, Ethereum and related test networks using the Go programming language.
ETC Coop’s announcement indicates that ETC developers Isaac Ardis and Christos Ziogas have signed new agreements with the organization but will continue to work in the ETC core team.
FTX US, the U.S. branch of the FTX exchange, has attracted more than 1 million users this year.
Specifically, the number of users of FTX Exchange more than doubled in the last three months of 2021.
FTX US CEO Brett Harrison announced the news on Twitter, announcing impressive growth in 2021.
FTX US more than doubled its number of users in the fourth quarter! 🚀 pic.twitter.com/14xkiix3AX
– Brett Harrison (@Brett_FTXUS) December 26, 2021
Cardano has formed a positive price pattern after a long period of sluggish performance. ADA could aim for a 20% rally into the $ 1.78 region if it clears the last remaining hurdle.
Cardano price formed a cup-and-grip pattern on the 12-hour chart, showing a 20% increase from the section of the pattern to the $ 1.78 region.
While the technical pattern suggests a bullish outlook, ADA must break above the neckline of the pattern at $ 1.48 to confirm bullish momentum.
ADA price table | Source: TradingView
The first resistance for Cardano appears at the retracement level of 50% – $ 1.47. If ADA manages to break the USD 1.48 area, the token will be before the next hurdle at the Fibonacci retracement level from 61.8% – 1.54 USD and at the 12-hour SMA at 1.59 USD stand.
Headwinds could arise at the 78.6% Fibonacci retracement level. If there is enough pressure to buy, Cardano can hit the cup’s goal and trade at $ 1.78.
News Shiba Inu
Bigger Entertainment said that during Sunday’s live token burn party on its YouTube channel, 239,600,144 SHIBs, or $ 9,183, were sent to blank addresses and removed from the market.
– Bigger conversation (@biggerent) December 26, 2021
According to its founder Steven Cooper’s Twitter account, the company started burning SHIB in October this year. Bigger Entertainment sells NFTs, merchandise and tickets for crypto market events. In addition, users can listen to music on the project website and thus help burn the meme coin.
As of October, Cooper has burned 880,983,100 SHIBs, which is $ 33,741.60.
SHIB on-chain signals become positive.
Shiba Inu’s on-chain signals have turned bullish.
The number of indicators such as network growth, amount and concentration have entered positive territory as SHIB approaches an important hurdle at USD 0.000040.
Overall, Shiba Inu saw the number of active addresses increase by almost 19% in 7 days. The number of addresses holding SHIB also increased slightly to 1,094,129.
On-chain signal in the SHIB network | Source: IntoTheBlock
Swash (SWASH) has unveiled its community-based token burning mechanisms.
According to the announcement, Swash 6 implements different combustion mechanisms. Tokenomics-based incentives in the Swash ecosystem will come from the ecosystem, the DAO community, and the rewards pool (28% of total supply or SWASH worth $ 280 million).
10% of the total supply from the pools ($ 100 million in SWASH tokens) will be burned.
Tesla boss Elon Musk has drawn the community’s attention to a new NFT mode in the DOOM II shooter.
– Elon Musk (@elonmusk) December 26, 2021
As reported by Niche Gamer, this mode replaces all opponents in the game with images of NFTs from the Bored Ape Yacht Club collection.
Instead of shooting monkeys, players will have to snap photos to kill them and make huge sums of money.
News AIOZ network
AIOZ Network (AIOZ) has announced the launch of its mainnet.
According to the announcement, AIOZ Network, a Layer 1 blockchain that can interoperate with Ethereum and Cosmos, has launched its mainnet.
Users can now experience new features and apps that extend dApps to Web 3.0 and Metaverse. In addition, AIOZ has introduced the Cross-Chain Bridge between the Ethereum Network, Binance Smart Chain and AIOZ, which starts on January 8th.
✨ $ AIOZ Network now officially LIVE on #Mainnet.🚀
– AIOZ network (@AIOZNetwork) December 26, 2021
The Susan G. Komen charity accepts cryptocurrencies.
Susan G. Komen, the world’s leading organization for breast cancer patients, announced that it is now accepting cryptocurrencies in partnership with the donation solution The Giving Block.
🚨 Breaking News🚨
Through a partnership with @TheGivingBlock, Susan G. Komen now accepts # Cryptocurrency as a form of donation. You can donate #Bitcoin, #Ether and more. This will give us more options to fight #Breast cancer and save lives.
Donate today https://t.co/gvWgHlmzDd pic.twitter.com/bxhZOy23ec
– Susan G. Komen (@SusanGKomen) December 26, 2021
The popular charity platform offers a wide range of digital assets, including memes like Dogecoin (DOGE), Shiba Inu (SHIB) and Dogelon Mars (ELON), as well as other cryptocurrencies like Gala (GALA), Orchid (OXT) and Civic (CVC).
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