According to two sources of The Block that have knowledge of the aborted transaction between FTX and Celsius, FTX was interested in a plan to gain control of Celsius but walked away after evaluating the finances of the company. According to one of the sources, Celsius’s financial statement allegedly has a two billion dollar shortfall in its balance sheet.

After initially contemplating the supply of financial assistance or an outright takeover, the cryptocurrency exchange discovered that the firm was tough to work with. As a result of this, FTX found it impossible to acquire the company.

In May, Celsius reported having 1.7 million users and around $12 billion in assets under management. However, the company has halted withdrawals since June 12 and has been quiet since June 19.

In similar developments, Sam Bankman-Fried, the creator of the widely used exchange FTX, recently gave an interview in which he expressed concern that some cryptocurrency exchanges are “secretly insolvent” and may soon go out of business.

BlockFi and Voyager Digital have already received assistance from Bankman-Fried’s FTX and Alameda Research. The 30-year-old millionaire argues that sometimes you just have to do what it takes to kind of stabilize things and safeguard consumers.

Furthermore, the FTX may yet choose to make a significant purchase, with the company having an interest in Celsius’ competitor BlockFi. Following the provision of a $250 million revolving fund by FTX to BlockFi, two companies are now negotiating the terms of a potential business transaction.

Under CEO Alex Mashinsky, Celsius Network LLC boomed to have more than $12 billion in deposits from lenders after pitching a less risky investment package with higher interest rates than the traditional banks.

However, investor documents from 2021 reviewed by the Wall Street Journal (WSJ) showed that Celsius issued numerous large crypto loans with little collateral or support in a case of mass withdrawals. Its investment portfolio comprises $19 billion of assets and roughly $1 billion of equity before it raised new funds last year. According to data from FactSet, the median assets-to-equity ratio for all the North American banks in the S&P 1500 Composite index was 9:1, about half that of Celsius.

Economist Eric Budish from the Chicago business school believes the ratio of 19-1 for an unregulated company with assets in crypto is exceptionally high. He noted that large banks often have ratios near those figures, but they hold much more stable support and have access to central bank loans for ready cash.

Celsius now fights for survival, seeking advice on a potential bankruptcy filing. Earlier it gave projections to investors that deposits would top $108 billion in 2023, and revenue would hit $6.6 billion. It forecasts a $2.7 billion profit by 2023, more than six times its 2021 profit projection.

Celsius rewarded lenders with annual yields of 18.6% on some cryptocurrencies and 7.1% on stablecoins. While banks like overcollateralized loans, Celsius requires borrowers to post only an average of 50% collateral, according to its investor documents. Celsius investments included its bitcoin-mining operation and a futures-arbitrage practice. But the falling price of bitcoin has eaten into bitcoin miners’ bottom line in recent months.

OpenSea has just announced that the NFT platform has been a victim of a data breach. Through a blogpost and its official Twitter account, the NFT marketplace states an investigation is ongoing and that they’ve reported the incident to law enforcement.

Addressing the data leak, OpenSea has admitted that an employee of its email vendor, Customer.io, misused their employee access to download and share email addresses with an unauthorized external party.

“Email addresses provided to OpenSea by users or newsletter subscribers were impacted,” explained the team.

Furthermore, OpenSea informs its users that if their email address was impacted, they would be receiving an email from the domain ‘opensea.io’. They have asked investors to stay cautious of potentially harmful emails. “Malicious actors may use this information to impersonate OpenSea in email phishing attempts.”

Concerned about impending attacks, OpenSea goes on to add that they will only send emails from the domain ‘http://opensea.io.’ Users must stay aware of attempts to impersonate OpenSea through slight variations of its domain name, which may include but are not limited to addresses such as opensae.io, opensea.org, and opensea.xyz.

The firm also cautions its users from downloading any file from an OpenSea email. They have asked everyone to check the URL of any page linked in an OpenSea email. “We will only include hyperlinks to ‘http://email.opensea.io.’ URLs,” reads one of the posts in the Twitter thread.

OpenSea also warns users about sharing their seed phrase with anyone. “We’ll never ask for it,” states the platform. Other warnings include concerns about signing wallet transactions from emails and interacting with emails and files sent from strangers.

As data breaches become dangerously common, crypto firms are ramping up safety protocols. OpenSea’s experience, among many others, might serve as a blueprint for future data protection standards. 

This Terra Luna 2.0 Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our Terra price analysis and prediction.

Terra (LUNA) is one of the most active cryptocurrencies that took the crypto world by storm this year. After its market implosion, it was rebranded to Terra Luna 2.0 while the old Terra Luna is now called Terra Luna Classic (LUNC).To be specific,  the crypto was able to achieve an all-time-high price of $19.54 on May 28, 2022. This amazing performance of Terra enables the network to attract crypto investors around the world.

Among the cryptocurrencies that are rallying this year, LUNA is perhaps one of the most surprising for some. It is not directly related to Bitcoin, nor is it the most hyped cryptocurrency today. But for those that are aware, LUNA has been around since 2019.

In this Terra price analysis and price prediction, we take a look at the performance of Terra if it will reach $200. But before that, let us learn more about what Terra (LUNA) is and its current position in the crypto market.

What is Terra (LUNA)?

Terra is a blockchain protocol that utilized fiat-pegged stablecoins in order to offer price-stable global payments systems. As per the white paper, Terra joins the price stability and huge adoption of fiat money with the censorship-resistance of Bitcoin (BTC) and provides fast and affordable settlements.

Moreover, the development on Terra started in January 2018, and its mainnet officially started in April 2019. As of September 2020, it provides stablecoins pegged to the USD, South Korean won, Mongolian tugrik, and the International Monetary Fund’s Special Drawing Rights basket of currencies and it intends to roll out additional choices.

In addition, Terra’s native token, LUNA, is utilized to stabilize the price of the protocol’s stablecoins. More so, the LUNA holders are also able to submit and vote on governance proposals.

Terra (LUNA) Current Market Status

Terra remains to be one of the most aggressive cryptocurrencies nowadays. According to CoinMarketCap, the Terra price is $2.25. However, Terra recorded an 11.35% decrease in the last 24 hours.

In terms of its market standing, Terra’s market capitalization amounts to almost $287,430,708 with a 24-hour trading volume of over $292,628,920. As a result, the crypto ranks as one of the top 220 cryptocurrencies in CoinMarketCap.

Currently, the top crypto trading platforms for LUNA are Binance, OKEx, and Huobi Global. With all these achievements, we can say that Terra has come a long way in developing its technology throughout the years.

Terra (LUNA) Price Analysis 2022

Currently, LUNA holds 220th place on CoinMarketCap. But will the latest upgrades, development, and changes in the LUNA blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this LUNA price prediction article.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for LUNA/USDT, it could be seen that the present gain could continue since the last candlestick is still below the first part of the curve from the bottom. This shows that the present uptrend in the price of Terra Luna 2.0 (LUNA) might not be sustained for some days before any reversal would be expected.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of LUNA/USDT 1day chart is 26.18.  This shows that Terra is showing a weak trend since it is between 0 and 30. This value is triggering a bullish run already since it seems that more buyers are repositioning as the value is moving towards the 30 RSI value which is the oversold region.

From the 200 days and 100 days moving averages for Terra (LUNA), it could be seen that LUNA would go bullish in the long-term since the 200-day moving average is above the 100-day moving averages. Hence, long-term investors could recover some part of their investments that had been lost in recent weeks due to crypto winter.

Terra (LUNA) Price Prediction 2022

The chart below shows that Terra (LUNA) has performed great over the past few days. Moreover, the LUNA price shows a bullish trend and has gained 18.7% in the past 7 days. If this trend continues, LUNA might run along with the bulls, overtaking its $4.80 resistance1 level and moving even higher to $117.95 at the resistance10 level, the 2022 bullish signal.

Conversely, if the investors turn against the crypto, the bears might take over and push Terra from its uptrend position. In simpler terms, the price of LUNA might decrease to almost $1.85, a bearish signal.

Meanwhile, our long-term Terra price prediction for 2022 is bullish. Even more, it has a low possibility of reaching a new all-time high this year. However, that will only happen if it breaks past a number of psychological resistances.

Terra (LUNA) Price Prediction 2023

If this bullish trend continues, Terra will reach $350 by the end of 2023. Moreover, the first half of 2023 is going to show fast growth, up to $300. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $350 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Terra (LUNA) Price Prediction 2024

If LUNA holds the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $500, making it not plummet but play consistently.

Terra (LUNA) Price Prediction 2025

As per the latest upgrades, developments, Terra price prediction, and new project forecasts of the platform, Terra investors could expect more partnerships and integrations around 2025. Moreover, this might boost the price of Terra in the crypto market, and it will be the best investment as the price can spike and reach around $750.

Terra (LUNA) Price Prediction 2026

In the next four years, Terra prices could race up to $900. However, reaching this level could not be so difficult for Terra as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that Terra has a high possibility of reaching a new ATH soon in the next five years as per the prediction.

Terra (LUNA) Price Prediction 2027

As per the latest upgrades, developments, Terra price prediction, and new project forecasts of the platform, Terra investors could expect more partnerships and integrations around 2027. Moreover, this might boost the price of Terra in the crypto market, and it will be the best investment as the price can spike and reach around $1200.

Terra (LUNA) Price Prediction 2028

In the next six years, Terra prices could race up to $1500. However, reaching this level could not be so difficult for Terra as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that Terra has a high possibility of reaching a new ATH soon in the next six years as per the prediction.

Terra (LUNA) Price Prediction 2029

As per the latest upgrades, developments, Terra price prediction, and new project forecasts of the platform, Terra investors could expect more partnerships and integrations around 2029. Moreover, this might boost the price of Terra in the crypto market, and it will be the best investment as the price can spike and reach around $2000.

Terra (LUNA) Price Prediction 2030

In the next eight years, Terra prices could race up to $3000. However, reaching this level could not be so difficult for Terra as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that Terra has a high possibility of reaching a new ATH soon in the next eight years as per the prediction.

Conclusion

Terra has a bright future ahead of it in 2022. With ongoing developments happening within the Terra ecosystem, as well as in the overall crypto market, we may see Terra reach new heights.

Even more, the bullish Terra price prediction for 2022 is $117.95. As said above, it may even reach a new ATH if investors have decided that Terra is a good investment in 2022 along with mainstream cryptocurrencies like Bitcoin and Ethereum. Moreover, it has a chance to reach $200 in the latter parts of this year as well.

FAQ

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

Carbon Credit Token (CCT), a digital climate project that provides access to the regulated carbon credit industry through blockchain technology, has obtained listing rights on the MEXC Global Exchange. This marks the second exchange platform listing of CCT in the last three months after the token’s debut in March on BitMart.

Known as the first crypto collateralized by the European Union Allowance (EUA), CCT aims to empower consumers and businesses who couldn’t otherwise access regulated carbon credits to contribute to a sustainable future.

MEXC listing is a result of a Trading Contest initiated by Carbon Credit to generate votes. Titled MEXC Kickstarter, this contest offered 62,000 Carbon Credit (CCT) to be airdropped to the winner.

The contest experienced one of the highest participation rates among the top 10 projects conducted on MEXC Kickstarter. It received more than 26.9 million MX tokens ($35m USDT) votes for CCT. Speaking of getting listed in MEXC Global, the Founder of CCT, Zhi stated that,

With the goal of reaching global net-zero carbon emissions, we have turned to blockchain technology to open up the European carbon market. As the only collateralized crypto backed by the world’s largest carbon market, we are democratizing and revolutionizing how consumers access carbon marketplaces.

CCT leverages blockchain technology to promote an action-based solution to achieve global climate goals by 2050. The company further aims to acquire a new batch of European Union Allowance (EUA) futures approximately every three months.

A contract represents one lot of 1,000 EUAs, with each EUA entitled to emit one ton of carbon dioxide equivalent gas. Therefore, one lot represents one million kilograms, meaning each CCT is equal to approximately one kilogram of carbon emissions. All Carbon Credit Tokens were minted at the start of the project and will be distributed according to a predefined schedule.

Alkemi Earn has partnered with wallet creator Ledger to integrate the lending protocol into Ledger Live’s Discover section, CQ has learned. Alkemi now becomes the first DeFi borrowing platform directly available to Ledger users.

According to the release shared with CQ, the integration will enable Ledger Live users to yield their assets via Alkemi while providing the safety of the hardware wallet protection model.

Talking about the liquidity network’s collaboration with Ledger, Alkemi co-founder Brian Mahoney said, “this is what bridging CeFi and DeFi is all about.”

With this native integration into Ledger Live, Alkemi Earn unlocks a protocol-powered cash management experience for Ledger’s community.

“We’re excited to integrate the first Yield app into Ledger Live,” said JF Rochet, Ledger’s Vice President of International Development. “With Alkemi, Ledger users will have more ways to grow their assets while enjoying all the benefits of crypto without centralized custodians.”

For the uninitiated, Ledger is said to be the largest hardware wallet manufacturer in the space, with over 5 million wallet devices sold globally. Its companion app, Ledger Live, allows users to trade cryptocurrencies and use dapps directly from the interface.

Meanwhile, lending platform Alkemi Earn is the flagship protocol of the Alkemi network, an institution-grade liquidity network for financial institutions and individuals to access dedicated DeFi.

Alkemi Earn expedites borrowing and lending within a compliant environment through a permission liquidity pool of digital assets, including Ethereum (ETH), Wrapped Bitcoin (wBTC), and stablecoins.

The platform offers a bank-grade verified pool and permissionless open pool to allow institutions to launch capital to DeFi in a trusted environment. Since its launch, Alkemi Earn has received more than $50 million in gross deposits. The Alkemi team believes that this number will go up following its partnership with Ledger.

Holograph, the omnichain NFT infrastructure provider, has integrated with LayerZero to deliver its patented ‘holographic’ bridging solution. This solution seamlessly beams tokens across blockchains with complete data integrity, including persistent smart contract addresses, and token IDs.

Speaking of the partnership, Jeff Gluck, CEO of Holograph remarked:

Holograph’s omnichain NFT infrastructure brings exciting new use cases for creators, developers, and enterprises. We are excited to work with Layer Zero’s incredible team to launch our protocol and deliver a giant leap forward in blockchain interoperability.

Meanwhile, CEO of LayerZero, Bryan Pellegrino, commented that his team is excited to support Holograph as its cross-chain messaging solution. “Their [Holograph’s] Omnichain NFT infrastructure aims to unlock a frictionless NFT user experience, onboarding the next wave of crypto users,” Pellegrino added.

Holograph’s first-of-its-kind bridging process makes use of LayerZero’s lightweight cross-chain messaging to enable ‘holographic’ omnichain NFTs. The original token is seamlessly beamed onto a new chain with all of its data left intact, with no wrapping necessary. Holographic bridging reduces the number of transactions required to bridge an NFT and eliminates the need to manage multiple gas tokens to execute both the origin chain and destination chain transactions.

Moreover, Holographic bridging unlocks new and exciting use cases. For instance, a creator could get benefits from the cheaper transaction costs to mint an NFT on one chain. After this, they can easily bridge that token onto another chain with more liquidity, making it easier for sale. 

Furthermore, the bridging enables chain-specific NFT properties that can be updated dynamically based on the chain it is currently located on. Meanwhile, traders can explore cross-chain NFT arbitrage to try and profit from the slight price difference of NFTs listed on marketplaces across different chains.

By deploying Holograph, it becomes possible to create omnichain NFT marketplaces where traders can collect NFTs from many different chains, without needing to acquire the native gas tokens for each one.

Although interest in Terra Classic (LUNC) and Terra Classic USD (USTC) has reached near zero over the past two to four months, recent price action for the two coins suggests that interest in them may pick up soon again.

When looking at the data from Santiment, the number of LUNC followers continues to fall despite the rise in LUNC and USTC prices toward the end of this month.

During the same period that the prices of LUNC and USTC began to climb, the number of LUNC holders also picked up a bit, according to the crypto market tracker CoinMarketCap. From around June 26 until June 29, the number of LUNC holders increased from 10,306 to 10,349. This is around a 0.41% increase in LUNC holders.

Even though the number of LUNC followers has fallen over the last couple of months, the prices of LUNC and USTC have picked up over the last 24 hours.

At the time of writing, the price of LUNC is up just over 48% in the last 24 hours. This comes after its price reached $0.00015724 from its opening at $0.00010818 today. LUNC has also made its way to the top of CoinMarketCap’s trending list after the significant gains posted over the last 24 hours and last week (up by120.85%).

USTC is also on CoinMarketCap’s trending list at number 3 after climbing 67% in the last 24 hours and by 794.44% in the last seven days. This has also pushed its 30-day performance into the positive as its price is now up 134.58% in the last month.

Through a period of two years, the Bitcoin (BTC) holdings of two popular cryptocurrency exchanges, Binance and Coinbase, graphically show an almost perfect negative correlation. While the Binance exchange kept accumulating BTC from 2020 until now, Coinbase, on the other hand, experienced continuous depletion of its BTC holding through the same period.

This information is per data available from Glassnode, a blockchain data and intelligence platform.

Binance maintained above 250,000 BTC in its cold wallet since 2019, progressively increasing to 600,000 BTC in three years. In 2019, Coinbase already had more than one million sats of bitcoin in its cold wallet, but it has gradually fallen to the current size of slightly above 500,000.

These numbers capture how crypto traders interact with each exchange, whether they’re depositing or withdrawing from them. While the price of BTC crashed in the past few weeks to $17,588, the balance of the Binance cold wallet rose in the same period by 101,266 BTC.

Other equally popular exchanges like FTX, Crypto.com, and KuCoin, barely have up to 100,000 BTC holding in their cold address from 2017 until date. However, data from CoinMarketCap shows that FTX and KuCoin are part of the top five exchanges with the highest transaction volume in 24 hours.

Coinbase, FTX, and KuCoin have a combined 24 hours trading volume of $4.45 billion, but Binance is way ahead at $11 billion.

It can be observed that most crypto traders pick Binance over others because of its wide range of support services. For instance, Binance supports over 45 fiat currencies, including African currencies. In contrast, Coinbase supports only the United States dollars, euro, and Great Britain pounds.

This FTX Token (FTT) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our FTX Token (FTT) price analysis and prediction.

Over the past few days, the crypto market looks to be recovering fast. Moreover, after the dip in the past two months, the crypto market surges steadily. At present, it looks like the crypto-asset industry will surge high again. It has gained 0.4% in the past 1 year.

Will FTX Token (FTT) experience the same price volatility? We’ll find out soon in this FTX Token (FTT) price analysis 2022 article. But first, let’s have a look at what FTX Token (FTT) is.

What Is FTX Token (FTT)?

FTX Token (FTT) is the native crypto token of the digital asset derivatives trading platform FTX which is launched on May 8, 2019. Moreover, the team behind FTX consists few of the hugest crypto traders over the past few years who have found problems with most mainstream crypto futures exchanges, decided to launch their own platform.

Furthermore, FTX emphasizes the benefits of centralized collateral pools, clawback prevention, and universal stablecoin settlement as reasons for its popularity. In terms of clawback prevention, a significant amount of customer funds have been claimed by socialized losses on other derivative exchanges. This is reduced by FTX’s three-tiered liquidation model.

In existing crypto futures exchanges, collateral is fragmented among separate token wallets; this is challenging for traders as it prevents them from liquidating positions. FTX derivatives, in contrast, are stablecoin-settled and only require a single universal margin wallet.

Now that we have an idea about FTX Token, do you think FTT will be profitable crypto in 2022? Join me, and together let us check the charts in this FTT price analysis and FTT price prediction.

FTX Token (FTT) Current Market Status

When writing this FTX Token price analysis, FTT trades at $25.64 with a 24-hour trading volume of $92,665,969. The price of FTT has decreased by 5.61% in the last 24 hours.

Furthermore, FTT has a current circulating supply of 135,348,550.22 FTT. Currently, the top digital asset trading platforms for FTT are Binance, Huobi Global, KuCoin, FTX, Gate.io, Bitfinex, Bithamp, and Mandala Exchange.

Now, let’s move to the next part of this FTT technical analysis for 2022.

FTX Token (FTT) Price Analysis 2022

Recently, FTT took the 21st position on CoinGecko. But will the recent developments, upgrades, and changes in the blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this FTT price prediction article.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for FTT/USDT, it could be seen that the present gain could continue since the last candlestick is still within the first part of the curve from the bottom. This shows that the present uptrend in the price of FTX Token will be sustained for some days before any reversal would be expected.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of FTT/USDT 1day chart is 46.41.  This shows that FTX Token is showing a neutral trend since it is between 30 and 50. This value is triggering a bullish run already since it seems that more buyers are repositioning as the value is moving towards the 50 RSI value which is the strong trend region.

From the 200 days and 100 days moving averages for FTX Token (FTT), it could be seen that FTT would go bullish in the long-term since the 200-day moving average is above the 100-day moving averages. Hence, long-term investors could recover some part of their investments that had been lost in recent weeks due to crypto winter.

FTX Token (FTT) Price Prediction 2022

The chart below shows that FTT has performed great over the past few days. Moreover, the FTT price shows a bullish trend and has gained 6.4% in the past 14 days. If this trend continues, FTT might run along with the bulls, overtaking its $29.58 resistance1 level and move even higher to $83.47 resistance7 level, the bullish signal for 2022.

Conversely, if the investors turn against the crypto, the bears might take over and push FTT from its uptrend position. In simpler terms, the price of FTT might decrease to almost $20.97 and even lower.

Meanwhile, our long-term FTT price prediction 2022 is bullish. It has a high possibility of reaching new heights. However, that will only happen if it breaks many previous psychological resistances.

If this bullish trend continues, FTT will reach $83.47 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $29.58. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $100 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

FTX Token (FTT) Price Prediction 2023

If FTT holds the support level around 200-MA, the long-term moving average, buyers will then have ample time and stability to forge the next attack mission on the vital level at $250, making it not plummet but play consistently.

FTX Token (FTT) Price Prediction 2024

As per the latest upgrades, developments, FTT price prediction, and new project forecasts of the platform, FTT investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of FTT in the crypto market, and it will be the best investment as the price can spike and reach around $400.

FTX Token (FTT) Price Prediction 2025

In the next three years, FTT prices could race up to $800. However, reaching this level could not be so difficult for FTT as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that FTT has a high possibility of reaching a new ATH soon in the next three years as per the prediction.

FTX Token (FTT) Price Prediction 2026

The price of FTT could reach $1000 by the end of 2026 when we consider the increased adoption of crypto and exchange activities.

FTX Token (FTT) Price Prediction 2027

As per the latest upgrades, developments, FTT price prediction, and new project forecasts of the platform, FTT investors could expect many partnerships and integrations around 2027. Moreover, this might boost the price of FTT in the crypto market, and it will be the best investment as the price can spike and reach around $1500.

FTX Token (FTT) Price Prediction 2028

In the next six years, FTT prices could race up to $2000. However, reaching this level could not be so difficult for FTT as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that FTT has a high possibility of reaching a new ATH soon in the next six years as per the prediction.

FTX Token (FTT) Price Prediction 2029

As per the latest upgrades, developments, FTT price prediction, and new project forecasts of the platform, FTT investors could expect many partnerships and integrations around 2029. Moreover, this might boost the price of FTT in the crypto market, and it will be the best investment as the price can spike and reach around $3000.

FTX Token (FTT) Price Prediction 2030

In the next eight years, FTT prices could race up to $5000. However, reaching this level could not be so difficult for FTT as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that FTT has a high possibility of reaching a new ATH soon in the next eight years as per the prediction.

Conclusion

FTT seems to have a great future ahead in 2022. With the ongoing developments happening within the FTT ecosystem and the overall crypto market, we may see FTT reach new heights.

Meanwhile, our long-term FTT price prediction 2022 is bullish. Even more, the bullish FTT has a high possibility of reaching $83.47. However, that will only happen if it breaks the past psychological resistance. It may even reach $100 if investors continue to side with FTT this year along with the mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

Kraken Exchange CEO Jesse Powell is making his move against employees that he calls “woke.” Jesse Powell spoke to Fox News, stating that the “triggered employees” should leave the company.

Jesse Powell claims that he is also willing to pay four months’ salary for employees who are ready to leave the company if they don’t agree with his policies. Jesse argues that the company was under attack from the inside.

Productivity was certainly under attack. A lot of people were wasting their time arguing with these people, getting into therapy sessions with them.

Jesse said that they are paying four months of salary so that the employees can find a better workplace suitable for them. He also stated that thirty such offers had been accepted so far by the employees. He also highlighted that if the employees refuse to leave after taking the pay, then they will be managed out the hard way.

I think when you go woke, you go broke. I think the whole woke activist movement inside of the companies is that they completely ignore the fact that we have a business to run.

Other tech CEOs such as Elon Musk came in support of Jesse Powell. However, the New York Times has called out Jesse’s policies stating that his current behavior is toxic and narcissistic.

In related layoff news, as per the reports from Wu Blockchain, Huobi is planning to lay off more than 30% of its workforce. The reason stated was that the revenue dropped considerably after removing the Chinese users.

The current bear market and crypto winter have proven to be extremely difficult for crypto companies and investors. Firms are doing mass layoffs to help their business survive amidst the harsh market conditions.

The prominent stock exchange platform, Robinhood, has officially added support for trading Chainlink (LINK). After the crypto began to appear on the platform’s website, the publicly listed corporation formally acknowledged that it would be adding support for the listing.

According to the statistics given by the analytics platform, CoinGecko, the price of the LINK token has increased by over 5% as a direct result of the listing. At the moment, its total market capitalization places it in 22nd place among all tokens.

Since the middle of April, when Robinhood tokens such as Compound (COMP), Polygon (MATIC), Solana (SOL), and Shiba Inu (SHIB), this is the first time the platform has listed new tokens.

The cryptocurrencies presently featured on Robinhood include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ethereum Classic (ETC), Bitcoin Cash (BCH), Dogecoin (DOGE), Bitcoin SV (BSV), Polygon (MATIC), Shiba Inu (SHIB), Compound (COMP), and Solana (SOL).

In related news, just last month, Sam Bankman-Fried announced a 7.6% stake in Robinhood and it caused a spike in the price of the company’s shares of stock by more than 40% in a single day.

According to recent speculations, the FTX cryptocurrency exchange, which is owned and operated by Sam Bankman-Fried, is investigating the possibility of acquiring Robinhood Markets Inc.

However, Bankman-Fried denied these reports saying that:

We are excited about Robinhood’s business prospects and potential ways we could partner with them. That being said, there are no active M&A conversations with Robinhood.

Zex PR Wire is delighted to announce that they are joining DIFC Fintech Week, organised by Dubai International Financial Centre, and managed by Trescon as a Media Partner. The event is taking place at The Ritz-Carlton DIFC on  28th & 29th of June, 2022.

This year at the summit, we’ll witness the most powerful tool to enhance your reach world wide with tailored content distribution with ZEX PR WIRE. You can visit the ZEX PR WIRE team at Booth No. B26.

DIFC FinTech Week is a thought-leadership-driven, business-focused summit that deep dives into the latest challenges and technology trends in the Middle East financial services sector.

DIFC FinTech Week sets the standard for financial innovation in the region by connecting global fintech experts and technology innovators and startups with pre-qualified CFOs, CEOs, CTOs, Heads of Business Transformation, Chief Digital Officers, Heads of Innovation and fintech investors from across the Middle East.

For Passes: https://difcfintechweek.com/#book-tickets

About ZEX PR WIRE

ZEX PR WIRE is an end-to-end solution to produce, optimise and target content — and then distribute and measure results. Combining the world’s largest multi-channel content distribution and optimization network and comprehensive workflow tools and platform, we serve over thousands of clients from offices in America, Europe, Middle East, Africa and Asia-Pacific regions.

Zex PR Wire has catered to over 800+ clients, syndicating over 5000+ press releases to over 500+ premium to global and local news outlets (online). ZEX PR WIRE not only caterers in traditional market such as Yahoo, Bloomberg, Nasdaq, Business Insider, MarketWatch, Digital Journal etc but also work closely work (directly or in-directly) with various top blockchain news/media houses such as Cointelegraph, Bitcoin.com, NewsBTC,  Coinspeaker, CoinQuora, Etrendy Stock, Newsaffinity, Citytelegraph, TheTechly, NewsAlarms, Techbullion, U.Today…etc

In case you would like to know more about our services, please feel free to write to us at info@zexprwire.com or visit our website https://zexprwire.com/.

• For Partnerships: Prerna Arora, prerna@zexprwire.com
• For Support: support@zexprwire.com

About Trescon

Trescon is a global business events and consulting firm that provides a wide range of business services to a diversified client base that includes corporations, governments and individuals.Trescon specialises in producing highly focused B2B events that connect businesses with opportunities through conferences, roadshows, expos, demand generation, investor connect and consulting services. For more information about Trescon, visit: www.tresconglobal.com.

Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora 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. CoinQuora 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.

Lady Ape Club (LAC), a collection of 10,000 unique NFTs, has chosen to mint on STRMNFT, StreamCoin’s dedicated NFT marketplace. This move makes the first massive minting campaign on STRMNFT.

According to a representative from LAC, the reason they chose STRMNFT was that they have seen a “promising” NFT ecosystem that will be built on its backbone. The NFT collective also mentioned STRMNFT’s unique NFT minting protocol NSTA_602 as one of the factors that piqued its interest.

The LAC representative added:

A lot of NFT collections struggle with the minting fee since most major blockchains do not scale well when there are a lot of minting requests being submitted. We believe that minting on STRMNFT for a change will allow us to capitalize on the budding ecosystem that StreamCoin is ushering forward.

Spearheaded by TNC Art Team, LAC is a new type of NFT collection that claims to offer exclusive perks to Lady Ape holders. In addition, the NFT group is planning to launch Baby Apes through breeding. No other information regarding breeding has been provided on its website and social media channels yet.

For its part, the StreamCoin team said that it has developed a “unique methodology” for minting and certifying the NFT ownership on its STRMNFT marketplace. The said marketplace has now gone live and is waiving its NFT minting fee until July 2022. What is more, over 5,000 users have already registered on the marketplace since May 31, according to StreamCoin.

In contrast, most NFT collections require holders to spend money to cover the minting cost. It would not be uncommon for anyone to spend from $100 to $1,000 just to mint one NFT.

For instance, Cereal Club made a minting auction that started from 0.35 ETH, which is at least $431 today, given the current crypto winter. However, when these NFTs were minted in February 2022, the price would have more than doubled.

Staking cryptocurrencies enables users to earn rewards and benefits while storing/staking their assets for a specific time. By deploying a staking pool and staking protocol, many cryptocurrencies allow for holding the assets, where users will get a percentage rate reward over time or passive income.

Meanwhile, DeFi protocols have been developed to provide a wide range of financial services — from lending and borrowing to token swaps and derivatives trading. This has made DeFi protocols extremely popular as they offer a high degree of security and transparency.

ADAStake is built to make its facilities accessible to everyone. This staking platform has built a decentralized, scalable staking protocol that can be used by anyone around the world.

The ADAStaking Protocol allows users to stake their tokens in any number of participating pools and earn rewards based on their stake. The platform is committed to making staking easy and accessible for all so that everyone can participate in the growth of the ADA network. Also, it includes those who have never had the means to participate in the cryptocurrency space.

Enhanced Financial Protocol Architecture

ADAStake is a decentralized staking protocol built on Cardano that enables users to earn rewards for staking their tokens. The protocol is designed to be scalable and easy to use, allowing users to earn rewards without having to run their own staking infrastructure. ADAStake is also working on integrating with other Cardano-based services to provide a comprehensive staking experience for users.

The ADAStake protocol will power the new wave of flexible financial liquidity by providing a layer for instant stake approval, automated APR, trustless custody, and liquidity. This will allow for a more efficient and effective market, as well as provide greater security and transparency.

Inherent Features of ADAStake

Following are the features of the ADAStake protocol that further develop and scale as it needs.

• The ability to instantly approve stakes will allow for a more fluid market, as there will be no need to wait for approval from a centralized authority.
• Automated APR will allow for a more consistent and predictable market, as well as provide greater transparency.
• Trustless custody will provide greater security for users, as there will be no need to trust a third party with their funds.
• Finally, the liquidity provided by the protocol will allow for more effective token security and a more efficient market overall.

Specifically, the security of the ADAStaking protocol is enhanced by protocol architecture, code quality, active maintenance, and fundamental Cardano smart contracts. The protocol architecture is designed to be robust and scalable, and the code quality is regularly audited by third-party security experts.

To sum up, the recent launch of the Cardano Shelley mainnet has increased the potential for staking and yield farming in the Cardano ecosystem. Also, ADAStake is well-positioned to provide staking and yield farming services for various assets in the ecosystem, including LP tokens. The team has extensive experience in the Cardano ecosystem and is committed to providing the best possible service to its customers.

Investors are on high alert as Dogecoin (DOGE) is at a crucial point which could either see a small swing or a pullback that could prepare the meme coin for a big rally.

Bulls seem to be exhausted as Dogecoin is testing the 34-day EMA at $0.0735, after the DOGE price printed a buy signal on June 13. This led to a 20% run-up that propelled DOGE over the $0.0680 point. If DOGE can get above this barrier, the crypto’s price could rally 12% to retest the $0.0820 resistance barrier.

This blockade cluster is essential to realize gains for the Dogecoin price. If buyers are able to flip this hurdle into a support floor, DOGE could see a 33% rally to $0.1090. This could lead to a 48% gain from DOGE’s current price point.

On the other hand, if the Dogecoin price falls to $0.0735, it could signal that there is some weakness among the bulls. In this case, DOGE could fall back to the 8-day EMA at $0.0680. In addition to this, the bullish thesis could be invalidated if DOGE’s daily candle sticks close below this level.

DOGE will then probably pull back to the $0.0629 support floor.

According to CoinMarektCap, DOGE is currently worth $0.07764 after a 13.08% increase in price over the last 24 hours and after a 33.05% increase over the last seven days.

The meme coin’s trading volume is also up by 192.25% and is currently standing at $1,183,277,350.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CQ. No information in this article should be interpreted as investment advice. CQ encourages all users to do their own research before investing in cryptocurrencies.

This AMP Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key confluences that we have taken into consideration upon coming up with our AMP price analysis and prediction.

Amp (AMP) is one of the most active cryptocurrencies that took the crypto world by storm this year. To be specific, the crypto was able to achieve an all-time-high price of $0.121 last June 16, 2021. This amazing performance of AMP enables the network to attract crypto investors around the world. Its investors have lost 83.3% of their investment in the past year.

Furthermore, aside from its aggressive performance this year, AMP enables its users to earn more AMP tokens. In particular, the network rewards its users with AMP tokens by simply allowing seeding after every torrent file download. Best of all, all the reward tokens earned from the torrent file seeding will automatically be stored in the user’s wallet.

In this AMP price analysis and price prediction, we take a look at the performance of AMP if it will reach $0.1. But before that, let us learn more about what Amp (AMP) is and its current position in the crypto market.

What is Amp Token (AMP)?

Amp is explained as the new digital collateral token providing instant, verifiable assurances for any type of value transfer. Moreover, with AMP networks like Flexa can fastly and irreversibly secure transactions for a huge type of asset-related use cases.

Moreover, AMP claims to provide a straightforward but versatile interface for verifiable collateralization via a system of collateral partitions and collateral managers. Even more, the collateral partitions could be designated in order to collateralize any account, application, or even transaction, and carry balances that are directly verifiable on the blockchain of Ethereum, collateral managers are smart contracts that could be locked, released, and redirected collateral in the partitions as required in order to support value transfer activities.

Furthermore, Amp supports a huge range of use cases for collateralization, and also introduces the concept of predefined partition strategies, which could enable special capabilities like collateral models through which tokens can be staked without ever leaving their original address.

AMP Current Market Status

AMP remains to be one of the most aggressive cryptocurrencies nowadays. According to CoinMarketCap, the AMP price is $0.0093. Notably, AMP was able to record a decreased rate of almost 1.95% in the last 24 hours.

In terms of its market standing, AMP market capitalization amounts to almost $393,124,657 with a 24-hour trading volume of over $5,904,670. As a result, the crypto ranks as one of the top 85 cryptocurrencies in CoinMarketCap. With all these achievements, we can say that AMP has come a long way in developing its technology throughout the years.

Now that you already have an idea about what AMP cryptocurrency is, do you think AMP is a good investment this 2022? If you are already excited to know, come, and together let us check this AMP price analysis and price prediction article.

AMP Price Analysis 2022

So far, AMP has been defending its market position well against the bearish market wild volatility. Is it enough to convince the global investors that AMP can rise and be a profitable crypto this year?

Are you already interested to know? Therefore, what are you waiting for? Join me and together, let us see the charts in this CoinQuora price analysis.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Amp (AMP), it could be seen that the last candlestick is within the first half of the curve from the bottom. There could be a possible breakout of the price of AMP.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of Amp (AMP) 4H chart of AMPUSDT above is at 40.06 which indicates a neutral trend since it lies between 30 and 50. If this value continues to rise, AMP could experience a breakout above the 50 mark region, which indicates a strong trend region. However, there could be a bearish run since it has turned dip.

From the 90 days and 30 days moving averages for Amp (AMP), it could be seen that AMP would go bullish in the long-term since the 90-day moving average is above the 30-day moving averages. Hence, long-term investors should be patient with AMP developers in the long run to change the direction of its price movement.

AMP Price Prediction 2022

The chart below shows that AMP has performed great over the past few days, gaining 4.2% in the last 7 days. Moreover, the AMP price shows a bullish trend. If this trend continues, AMP might run along with the bulls, overtaking its $0.0120 resistance1 level and move higher to $0.0718 at resistance8, the bullish signal for 2022.

Conversely, if the investors turn towards the crypto, the bears might take over and push AMP from its uptrend position. In simpler terms, the price of AMP might plummet to almost $0.0067 and even lower, the bearish signal for 2022.

Meanwhile, our long-term AMP price prediction for 2022 is bullish. It has a high possibility of reaching new heights. However, that will only happen if it breaks many past psychological resistances.

If this bullish trend continues, AMP will reach $0.0718 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $0.0120. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $0.1 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Amp Price Prediction 2023

The price of AMP can move even great heights, however reaching $0.3. Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency AMP breaks past the psychological resistance level.

Amp Price Prediction 2024

As per the latest upgrades, developments, AMP price prediction, and new project forecasts of the platform, AMP investors could expect many partnerships and integrations in 2024. Moreover, this might boost the price of AMP in the crypto market, and it will be the best investment as the price can spike and reach around $0.5.

Amp Price Prediction 2025

In the next three years, AMP prices could race up to $0.7. However, reaching this level could not be so difficult for AMP as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that AMP has a high possibility of reaching a new ATH soon in the next three years as per the prediction.

Amp Price Prediction 2026

By 2026, the price of Amp (AMP) would reach $1 since many individuals will have better knowledge of cryptocurrencies, therefore, increasing the investment in the industry.

Amp Price Prediction 2027

As per the latest upgrades, developments, AMP price prediction, and new project forecasts of the platform, AMP investors could expect many partnerships and integrations in 2027. Moreover, this might boost the price of AMP in the crypto market, and it will be the best investment as the price can spike and reach around $2.

Amp Price Prediction 2028

In the next six years, AMP prices could race up to $4. However, reaching this level could not be so difficult for AMP as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that AMP has a high possibility of reaching a new ATH soon in the next six years as per the prediction.

Amp Price Prediction 2029

As per the latest upgrades, developments, AMP price prediction, and new project forecasts of the platform, AMP investors could expect many partnerships and integrations in 2029. Moreover, this might boost the price of AMP in the crypto market, and it will be the best investment as the price can spike and reach around $8.

Amp Price Prediction 2030

In the next eight years, AMP prices could race up to $10. However, reaching this level could not be so difficult for AMP as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that AMP has a high possibility of reaching a new ATH soon in the next eight years as per the prediction.

Conclusion

AMP has a bright future ahead of it in 2022. With ongoing developments happening within the AMP ecosystem, as well as in the overall crypto market, we may see AMP reach new heights.

Even more, the bullish AMP price prediction for 2022 is $0.0718. As said above, it may even reach a new ATH if investors have decided that AMP is a good investment in 2022 along with mainstream cryptocurrencies like Bitcoin and Ethereum. Moreover, it has a chance to reach $0.1 in the latter parts of this year as well.

FAQ

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.