Name: Wise
SKU: WISE
Price: 0.161190844295 USD

Wise

Wise project consists of smart contracts capitalizing on token liquidity formation, a referral system, and token staking capabilities

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%name%: Latest News, Social Media Updates and Insights

Financial services giant Fidelity recently met with the U.S. Securities and Exchange Commission (SEC) regarding its spot bitcoin exchange-traded fund (ETF) application. Like Blackrock, the world’s largest asset manager, Fidelity appears to be pushing to use the in-kind creation model for its spot bitcoin ETF. Fidelity’s Meeting With SEC Officers from financial services giant Fidelity […]

Bitcoin News

Financial Giant Fidelity Discusses Spot Bitcoin ETF Application With SEC

Altcoins such as Cardano (ADA) had a widespread increase in value, similar to the altcoin cycle observed in early November. This cycle occurred when the momentum of Bitcoin slowed down, prompting traders to secure profits and allocate their investments towards smaller cryptocurrencies. Because of the consistent price of Bitcoin (BTC), which encouraged capital rotation to alternative coins, native tokens associated with layer 1 (L1) blockchains saw the greatest gains on Saturday. Cardano (ADA) was the top performer in the weekend’s top 10 rankings. According to Coingecko data, ADA price increased by 27% to 64 cents in the last day, for a strong 56.3% growth over the previous seven days. It is the largest increase since August 2022. With the removal of the three major obstacles—the $0.40, $0.45, and $0.50—investors may begin to experience FOMO, or “fear of missing out,” as they discover ADA to be a compelling investment. Related Reading: Ethereum Price Soars To Over $2,300 – Is $3,000 Next? Cardano Bullish Momentum Sparks Optimism No doubt, Cardano has emerged as one of the most appealing assets available on the cryptocurrency scene, attracting interest as traders fervently hope that the current bullish trend holds or if they are in for a startling letdown. The money flow index’s (MFI) steady rise indicates that Cardano is firmly in the hands of bulls. For traders, there are currently several prospects for scalping, but in order to maintain investor optimism for a recovery to $1.00, ADA price needs to confirm higher support above $0.64. Cardano currently trading at $0.622836 level today. Chart: TradingView.com An indicator that keeps track of money coming into and going out of Cardano is the MFI. Prices usually increase when the inflow volume far exceeds the outflow volume. This could account for the breakout from $0.65, and ADA might try to close the difference to $1 before the end of December if the trend holds steady. The ADA price has been recognized for its gradual but consistent increase, which has kept the token from seeing a strong surge despite the favorable market sentiment. Cardano Daily Active Addresses Climb The forthcoming trade’s outline, however, seems to have altered as traders have been more engaged on the network, which might perhaps support a healthy upsurge. The on-chain statistics shows that the daily active address has increased significantly and reached quarterly highs. Source: IntoTheBlock Based on data from IntoTheBlock, around 80% of Cardano wallet addresses are sitting on unrealized profits at the current $0.56 price level. If the wallet addresses stated above realize their gains, the asset’s price could correct since more people would be inclined to sell. 📈 The notable #crypto market leaders over the past 24 hours are #Cardano (+19%), #Solana (+11%), and #Optimism (+11%). Each is seeing one of their highest social dominance days of 2023. With this implied #FOMO kicking in, proceeding with caution is wise. https://t.co/QvxDrofqJt pic.twitter.com/aUqIDoCLho — Santiment (@santimentfeed) December 8, 2023 Meanwhile, ADA and a few other popular cryptocurrencies have exploded in social dominance, albeit Bitcoin’s influence is also growing. Related Reading: This BRC-20 Token Just Breached $1 Billion Market Cap With 180% Rally Today – Details According to the Santiment data above, market participants are now more positive about altcoins, particularly Cardano. In tandem with a sharp increase in their costs, social media conversations reached a two-month high, suggesting the onset of FOMO. Therefore, the next few days might be seen as extremely important, since the fear of FOMO also carries a high risk of rejection once it reaches the critical points. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Shutterstock

NewsBTC

Cardano Rises $56% To Dominate Weekend’s Top 10 Roster – Details

Is this an indication that the U.S. Securities and Exchange Commission’s (SEC) approval of a highly-anticipated spot Bitcoin ETF is almost here?

ZyCrypto

Fidelity Spot Bitcoin ETF Joins BlackRock On DTCC Website: What This Means

The US Securities and Exchange Commission (SEC) and Fidelity Investment have recently met to discuss the company’s application for a spot Bitcoin ETF. This development comes amid engagements between the US top securities regulator and multiple asset managers looking to launch the same product, serving as an indication of incoming approvals.  Related Reading: Bitcoin ETF: Catalyst […]

Bitcoinist

SEC And Fidelity Convene For Talks On Spot Bitcoin ETF Application

The U.S. Securities and Exchange Commission (SEC) disclosed on Dec. 7 that it met with Fidelity regarding the firm’s spot Bitcoin ETF application. The securities regulator said that several members of its Division of Corporate Finance met with members of Fidelity on the day of the notice’s publication. Several members of CboeBZX also attended the […]
The post Fidelity pitches spot Bitcoin ETF model to SEC as regulatory talks advance appeared first on CryptoSlate.

CryptoSlate

Fidelity pitches spot Bitcoin ETF model to SEC as regulatory talks advance

A widely followed crypto analyst says that the next two months will be dynamite for altcoins as he updates his outlook on three digital assets. Crypto strategist Michaël van de Poppe tells his 676,100 followers on the social media platform X that while the bottom for the BTC/ETH pair may be coming in, the next […]
The post ‘Coming Two Months Are Going To Be Electric for Altcoins’, Says Trader As He Updates Outlook on Three Cryptos appeared first on The Daily Hodl.

The Daily Hodl

‘Coming Two Months Are Going To Be Electric for Altcoins’, Says Trader As He Updates Outlook on Three Cryptos

Popular Bitcoin and crypto analyst Muro has joined the XRP bandwagon, predicting a ‘now or never’ moment to go long on the XRP price. The crypto has had a flurry of activities over the past few months, with various predictions coming on the crypto’s direction before the end of 2023 and in 2024. However, it […]

XRP Price Pump: Why This Crypto Analyst Believes It’s Now Or Never

Dive into our comprehensive article exploring the latest trends in the cryptocurrency market, focusing on Ethereum (ETH) and Polygon (MATIC). Discover Ethereum's significant whale movements, its impact on the market, and technical analysis alongside Polygon's groundbreaking advancements in gaming and retail sectors. Stay ahead with our expert insights and predictions for these two leading cryptocurrencies.

Crypto Daily

Polygon (MATIC) Gaming & Retail Dominance vs. Ethereum (ETH) Whale Play: Who Wins?

Michaël van de Poppe, crypto investor and founder of MN Trading told his X followers that they should be careful about buying Optimism (OP) at any value. He further noted that they should focus on finding entries between $1.85 and $1.935.  Van de Poppe also added that OP would most likely follow in Ethereum’s (ETH) […]
The post Analyst Unveils Optimism (OP) Strategy After Recent Hike appeared first on Coin Edition.

CoinEdition

Analyst Unveils Optimism (OP) Strategy After Recent Hike

Explore CRO price prediction 2025 to assess its chances of reaching a $1 value, utilizing technical analysis and market sentiment insights.

WiseWISE

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