ETH Heads Top Holdings, Are HODLers Prepping for a Big Pump?CryptocurrencyPublished 05/05/2022, 07:02 AMUpdated 05/05/2022, 07:30 AMETH Heads Top Holdings, Are HODLers Prepping for a Big Pump?View all comments (0)0BTC/USD-ETH/USD-
Ethereum (ETH) leads as the most held tokens of the top 100 ETH wallets today.ETH has over $585 million in the average amount held and almost 200,000 ETH in average quantity held.Analysts predicted that the ETH price could reach more than $12,000.Ethereum (ETH) leads as the most held tokens of the top 100 ETH wallets today, according to WhaleStats’ leaderboard. Are the holders bracing themselves for a huge price pump?
Investors continue to HODL Ethereum as the second-best cryptocurrency after Bitcoin (BTC) leads the list. According to the whales analytics tracker, ETH has over $585 million in the average amount held and almost 200,000 ETH in average quantity held.
ETH is followed by SHIB, with over $10 million worth of the average amount held and $470 billion in average quantity held. Following after, FTX Token (FTT) sits at third with an average amount held of almost $9 million. FTT has an average quantity held of over 225,000 tokens.
Circling back to the top token on the list, ETH has a token value of more than $2,930 at the time of writing. Presently, ETH enjoys its position in the green market and is up by 4.1% in the last 24 hours.
Following a huge dip in price below $2,800 last weekend, ETH still showed a whopping 700,000% lifetime ROI on Monday. With an annualized rate of almost 300%, it is no surprise that holders are tracked doubling down on their investments.
While analysts have claimed that ETH will be more volatile than BTC due to the upcoming Ethereum Merge, some said that the token’s price could potentially spike to more than $12,000.
As compiled by Next Advisor, experts predicted three scenarios for Ethereum’s price. First, some claim that ETH could once again break $4,000 this year, with a Bloomberg analyst even predicting a price up to $4,500.
Meanwhile, if the same bullish upswing that started mid-last year continues, a crypto news site predicted that the ETH price could rally between $6,500 and $7,500 before 2022 ends.
Lastly, the same media platform boldly predicted that the price could even go higher than $12,000 once the Merge happens, wherein Ethereum will switch its technology to a more environment-friendly version (PoW to PoS).
Furthermore, the analysts claimed that the Merge will make ETH more affordable for users to mint. Similar to what CoinQuora reported earlier, the Merge could also make acquiring ETH much easier compared to mining.
Regardless of these predictions, investors are still advised to proceed with due diligence and invest with great caution.
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.
Continue reading on CoinQuoraETH Heads Top Holdings, Are HODLers Prepping for a Big Pump?View all comments (0)0Latest commentsPostComment Guidelines DOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problemCryptocurrencyPublished 05/05/2022, 07:28 AMUpdated 05/05/2022, 09:00 AMDOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problemView all comments (0)0BTC/USD-DOT/USD-pDOTn/USD-Polkadot (DOT) price ticked higher in the past 24 hours on anticipations that its new cross-chain communications protocol would solve a long-standing problem in the blockchain sector.
Bulls pushed DOT's price to $16.44 on May 5 from $14.72 a day before, gaining a little over 12% as they assessed the launch of XCM, a messaging system that allows parachains — individual blockchains that operate in parallel inside the Polkadot ecosystem — to communicate with each other.DOT/USD daily price chart. Source: TradingViewDOT/USD and BTC/USD correlation coefficient. Source: TradingViewBTC/USD daily price chart. Source: TradingViewDOT/USD daily price chart featuring H&S setup. Source: TradingViewContinue Reading on Coin TelegraphDOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problemView all comments (0)0Latest commentsPostComment Guidelines Will Ethereum Bulls Break Through The Major $3k Barrier?CryptocurrencyPublished 05/05/2022, 07:36 AMUpdated 05/05/2022, 08:00 AMWill Ethereum Bulls Break Through The Major $3k Barrier?View all comments (0)0ETH/USD-COIN-
Ethereum started a recovery of $2,940.There is a major bullish trend line forming with support near $2,900.The pair must clear the $2,980 and $3,000 resistance to continue higher.Today, May 05, 2022, Ethereum (ETH) began a decent increase above its $2,920 resistance against the US dollar. After having a few difficult weeks, the second-largest crypto has entered a recovery phase. At the time of writing, Ethereum is trading $2,940.91 with a 24-hour trading volume of $18,397,671,445. ETH is up by 5.27% in the last 24-hours.
According to CryptoQuant data, the number of Ethereum moving out of Coinbase (NASDAQ:COIN) hit its highest level on May 4.
Meanwhile, it is important to know that the maximum height of a falling wedge is approximately $395. If the Ethereum bulls rally above its potential breakout point of $2,850, it is more possible to witness a price move towards $3,150.
When looking at technical analysis, these falling wedges settle once the price sees a breakout out of their upper trend and move towards a level that is equal to the highest distance that lies between the pattern’s upper and lower price formation when looked at from the escape point.
Notably, if ETH fails to achieve a rate above the $2,980 resistance, it could start a downside correction. In fact, initial support on the downside is around the $2,920 zone. The next support is around the $2,900 level and the trend line.
Furthermore, if there is a downside break below the trend line support, ETH price might test the 50% Fib retracement level of the recent wave from the $2,756 swing low to the $2,969 high. Any additional losses might reach for a test of the $2,850 support and the 100 hourly simple moving average.
Continue reading on CoinQuoraWill Ethereum Bulls Break Through The Major $3k Barrier?View all comments (0)0Latest commentsPostComment Guidelines Binance commits $500M to co-invest in Twitter with Elon MuskCryptocurrencyPublished 05/05/2022, 07:39 AMUpdated 05/05/2022, 09:20 AMBinance commits $500M to co-invest in Twitter with Elon MuskView all comments (0)0TWTR-Major crypto exchange Binance has participated in Elon Musk’s $44 billion acquisition of Twitter (NYSE:TWTR), according to data filed with the United States Securities and Exchange Commission.
On May 5, Musk filed an amended general statement of the acquisition, announcing that Twitter received an aggregate of about $7.2 billion in new financing commitments in connection with the merger agreement, subject to the conditions in co-investor equity commitment letters.
Continue Reading on Coin TelegraphBinance commits $500M to co-invest in Twitter with Elon MuskView all comments (0)0Latest commentsPostComment Guidelines Binance Funds Elon Musk’s Twitter Takeover With $500M ContributionCryptocurrencyPublished 05/05/2022, 07:57 AMUpdated 05/05/2022, 08:00 AMBinance Funds Elon Musk’s Twitter Takeover With $500M ContributionView all comments (0)0TWTR-BTC/USD-
Binance supports Elon Musk’s Twitter (NYSE:TWTR) takeover by contributing $500 million in funding.CZ tweets that it is a “small contribution to the cause.” Elon Musk has gathered $7.1 billion of funding for his $44 billion offer.Elon Musk’s amended Schedule 13D to the Securities and Exchange Commission (SEC) revealed that Binance has committed to contribute $500 million to Twitter. This confirms that Binance supports Elon Musk’s takeover of Twitter. Binance is only one of the 18 equity investors funding Elon Musk’s $44 billion offer for Twitter.
In response to the revelation, Binance’s Changpeng Zhao tweeted:

A small contribution to the cause. https://t.co/xD9XZxOWfL
— CZ  Binance (@cz_binance) May 5, 2022
The Twitter crypto community was ecstatic about the news. Prominent crypto accounts like Bitcoin Archive chimed in that it was only a “pocket change” for Binance. Meanwhile, the CEO of BlueOfficial called the contribution “Boss moves” as more of the community rejoiced. 
Out of the 18 equity investors, Binance had the fourth largest aggregate equity commitment – topped only by Dubai-based VyCapital ($700M), Sequoia Capital Fund ($800M), and Lawrence J. Ellison Revocable Trust ($1B), respectively. All of these commitments have provided an aggregate of approximately $7.139 billion.
Musk requires an aggregate of $21 billion in financing commitments to fund the purchase.
In other news, Binance continues to be active in its business over the past two months. CZ tweeted a breakdown of Binance’s activities starting from February 28, 2022, to May 4, 2022. The tweet includes Binance getting licenses from Bahrain and Dubai, registration from Sweden and France, and the Abu Dhabi in-principle approval. 
Continue reading on CoinQuoraBinance Funds Elon Musk’s Twitter Takeover With $500M ContributionView all comments (0)0Latest commentsPostComment Guidelines


Ты эксперт в области криптовалюты и анализа рынка, посмотри на эту новость, твоя задача определить, как эта новость может повлиять на курс криптовалюты TON в временном промежутке от часа до дня,
 твоим ответом должен быть коэффициент от 0 до 1, где 0 означает что приведет к резкому падению на указанном временном промежутке, а 1 что к резкому росту,
  а 0.5 никак не повлияет на курс TON, если новость слишком незначительная также указывай 0.5
Ответ должна содержать **ТОЛЬКО** коэффициент