Cryptostreet

  The former Goldman Sachs executive explained in a video on July 26, 2022 why the Ethereum merge matters so much and why he thinks Ethereum could become the world's largest cryptocurrency. Crypto investor Raoul Pal believes Ethereum 's potential is far greater than Bitcoin 's . After the Ethereum merge , which is scheduled to take place in September 2022, there will be a supply shock of “incredible proportions” , according to Pal , which will have a positive effect on the Ethereum price. According to his forecast, Ethereum will replace Bitcoin as the largest cryptocurrency in the world. Raoul Pal called the Ethereum merger the “most important event in crypto space since the development of stablecoins and ETH itself” . While the merger may not be successful, Pal is willing to take the risks involved. Ethereum merge will strengthen ETH course With the “merge”, the consensus mechanism of the Ethereum blockchain is switched from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Whi...

  The Ethereum Classic course is extremely bullish, but was rejected at the golden ratio resistance at around USD 46, which means that ETC could now correct to USD 33. Ethereum Classic course is extremely bullish For the Ethereum Classic course, this could be the most bullish monthly candle since the bull run in 2021. The ETC has risen around 240% so far this month and around 260% since it reached its low point in the previous month. ETC was previously able to bounce off the support zone between USD 9.92 and USD 13.43. In addition, the MACD histogram could tick bullishly higher this month. However, the MACD lines remain bearishly crossed and the RSI is neutral. Significant horizontal resistance awaits the ETC price between $48.23 and $52.74. ETC price is at golden ratio resistance In the course of the upward movement, the ETC price reached the golden ratio at around USD 46, at which ETC initially seems to be rejected in a bearish manner. Nonetheless, the weekly MACD is clearly bull...

  Theta is currently in a clearly recognizable sideways phase. This has been going on since the beginning of May and has not yet been broken. We are currently trading at around USD 1.40 and thus at the upper end of the range. Our horizontal resistance is in confluence with the weekly resistance R3.  However, we have a bearish divergence in the RSI in the short term, which could bring us another small correction to around USD 1.28. We still have room for improvement on the daily chart. Here we do not see any divergences that speak for a longer correction and the volume is still increasing. Thus, the one announced above could be the last correction before we attempt a break to the upside. If we manage to break the resistance, Theta could start a rally to around $2.00 before we see another correction. My Top Picks Honeygain - Passive earner that pays in BTC or PayPal M andalaExchange - The Best no KYC crypto Exchange! BetFury - Play And Earn BFG for daily Bitcoin and ETH divi...

  VeChain (VET) has had a strong week. After we had previously been heavily sold off, prices were able to recover relatively quickly and adapt to the market environment. We are currently trading at around USD 0.027 and thus directly at our horizontal resistance, at which we were recently rejected. So it will be extremely important that we can break through this resistance. For this, however, we need an impulsive breakout with a lot of volume, which we have been missing again and again lately. In order to get a bullish momentum, it will be important that we can sustainably break through the area around USD 0.0274. There is also the monthly resistance R1. In the RSI we still have plenty of room for improvement on the daily chart. If we manage to break through the above resistance, we have room to around USD 0.03. A consolidation would be desirable here and a renewed retest of the zone around USD 0.0274. If this zone then holds, we can break the downtrend and start a new rally. If we ...

  The Metaverse : A digital space in which we can do everyday things. It is projected to be worth between $5 billion and $15 billion by 2030. Nevertheless, the majority of people have never dealt with it. To make sure you don't miss the latest trends in the Metaverse, we'll show you where the industry is headed. A place where we meet friends, lie on the beach or go partying. A place where we can easily enter via computer, VR glasses or other device. And yet few people have engaged with the Metaverse until now. Before Mark Zuckerberg drew attention to the virtual world by renaming Facebook to Meta, it was mainly Sandbox and Decentraland in the crypto area that were well known. On the other hand, the players in the classic market included companies such as Roblox, Animoca Brand and Unity Software. They all benefited from the hype surrounding the Facebook renaming: most companies were able to grow in the double-digit range. But where is the Metaverse headed now? Which trends can b...