Altcoin News by Thebittimes.Com

Summary Experts predict DOT to fall to as low as $2. Cosmos navigating bearish trend. Everlodge’s concept and blend of blockchain and real estate fanning demand in presale The market trends are changing quickly, affecting Polkadot (DOT) and Cosmos (ATOM) prices. Analysts predict DOT to fall to as low as $2, while ATOM remains under pressure due to negative sentiments. On the other hand, Everlodge (ELDG), a new crypto project aiming to democratize access to real estate, is gaining attention, as seen in the ongoing presale . Polkadot: $2 incoming? Polkadot uses a unique multi-chain architecture to connect and secure specialized blockchains.  There have been concerns about its underwhelming performance, and some analysts predict DOT to drop to as low as $2.  You might also like: Parity Technologies decentralizes teams in Polkadot, refutes layoff rumors As a result, DOT holders are re-evaluating their strategies and assessing the project’s via...

Stellar (XLM) price was changing hands around $0.10 on Friday, down 7% and 15% in the past 7 and 30 days respectively.  The Stellar Development Foundation has teamed up with Certora to boost security for Soroban. Stellar (XLM) price traded around $0.10 on Friday morning, positive by about 1.3% in the past 24 hours but -7% and -15% in the past seven and 30 days respectively. The downward trend that has held since the flip from highs of $0.20 on July 13 could now strengthen after XLM broke below the support line of a descending triangle pattern. Stellar price gives up key support area Today’s slight upside comes after Stellar news regarding its Soroban, a WebAssembly (WASM)-powered smart contracts platform. The Stellar Development Foundation has teamed up with smart contracts audit platform Certora to boost ecosystem security for Soroban.  Product update! Today, @CertoraInc & @StellarOrg have teamed up to boost @SorobanOfficial, the Stell...

Pro traders aren’t buying ETH’s recent rally to $1,350 and data shows they expect Ether price to retrace if Fed chair Powell takes a hawkish tone on Wednesday. Ether (ETH) rallied 6.3% to $1,350 on Dec. 13, mimicking a similar failed attempt that took place on Nov. 10. Despite reaching the highest level in 33 days, the gains were not enough to instill confidence in traders according to two key derivatives metrics. Ether/USD price index, 12-hour. Source: TradingView Bulls' frustrations can partially be explained by Binance exchange facing a near-record $1.1 billion in withdrawals over a 24-hour period. The unusual behavior comes as Binance attempts to put out multiple disputes about its proof of reserves and overall solvency on crypto Twitter. According to Binance CEO, Changpeng Zhao, the social media posts amount to nothing more than FUD. However, Binance's USD Coin (USDC) reserves were emptied after alleged troubles with commercial banking hours. The negative newsflow contin...