crypto

life-imitates-xkcd-comic-as-florida-gang-beats-crypto-password-from-retiree

Life imitates xkcd comic as Florida gang beats crypto password from retiree

intruders —

Group staged home invasions to steal cryptocurrency.

Sometimes this is all you need.

Enlarge / Sometimes this is all you need.

Aurich Lawson | Getty Image

Remy Ra St. Felix spent April 11, 2023, on a quiet street in a rented BMW X5, staking out the 76-year-old couple that he planned to rob the next day.

He had recently made the 11-hour drive up I-95 from southern Florida, where he lived, to Durham, North Carolina. It was a long way, but as with so many jobs, occasional travel was the cost of doing business. That was true especially when your business was robbing people of their cryptocurrency by breaking into their homes and threatening to cut off their balls and rape their wives.

St. Felix, a young man of just 25, had tried this line of work closer to home at first, but it hadn’t gone well. A September 2022 home invasion in Homestead, Florida, was supposed to bring St. Felix and his crew piles of crypto. All they had to do was stick a gun to some poor schlub’s head and force him to log in to his online exchange and then transfer the money to accounts controlled by the thieves. A simple plan—which worked fine until it turned out that the victim’s crypto accounts had far less money in them than planned.

Rather than waste the opportunity, St. Felix improvised. Court records showed that he tied the victim’s hands, shoved him into a vehicle, and drove away. Inside the car, the kidnappers filmed themselves beating the victim, who was visibly bleeding from the mouth and face. A gun was placed to the victim’s neck, and he was forced to record a plea for friends and family to send cryptocurrency to secure the man’s release. Five such videos were recorded in the car. The abducted man was eventually found by police 120 miles from his home.

A messy operation.

So St. Felix and his crew began to look out of state for new jobs. They robbed someone in Little Elm, Texas, of $150,000 and two Rolex watches, but their attention was eventually drawn to a tidy home on Wells Street in far-off Durham. The homeowner there was believed to be a significant crypto investor. (The crew had hacked into his email account to confirm this.)

After his day of surveillance on April 11, St. Felix and his partner, Elmer Castro, drove to a local Walmart and purchased their work uniforms: sunglasses, a clipboard, reflective vests, and khaki pants. Back at their hotel, St. Felix snapped a photo of himself in this getup, which looked close enough to a construction worker for his purposes.

The next morning at 7: 30 am, St. Felix and Castro rolled up to the Wells Street home once more. Instead of surveilling it from down the block, they knocked on the door. The husband answered. The men told him some story involving necessary pipe inspections. They wandered around the home for a few minutes, then knocked on the front door again.

But this time, when the wife answered, St. Felix and Castro were wearing ski masks and sunglasses—and they had handguns. They pushed their way inside. The woman screamed, and her husband came in from the kitchen to see them all fighting. The intruders punched the husband in the face and zip-tied the hands and feet of both homeowners.

Castro dragged the wife by her legs down the hallway and into the bathroom. He stood guard over her, wielding his distinctive pink revolver.

In the meantime, St. Felix had marched the husband at gunpoint into a loft office at the back of the home. There, the threats came quickly—St. Felix would cut off the man’s toes, he said, or his genitals. He would shoot him. He would rape his wife. The only way out was to cooperate, and that meant helping St. Felix log in to the man’s Coinbase account.

St. Felix, holding a black handgun and wearing a Bass Pro Shop baseball cap, waited for the shocked husband’s agreement. When he got it, he cut the man’s zip-ties and set him in front of the home office iMac.

The husband logged in to the computer, and St. Felix took over and downloaded the remote-control software AnyDesk. He then opened up a Telegram audio call to the real brains of the operation.

The actual robbery was about to begin.

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How crypto bros wrested Flappy Bird from its creator

Imagine owning one of those funky birds as an NFT!

Enlarge / Imagine owning one of those funky birds as an NFT!

Fans of ultra-viral mobile gaming hit Flappy Bird who were stunned by the game’s sudden removal from the iOS App Store 10 years ago were probably even more stunned by last week’s equally sudden announcement that Flappy Bird is coming back with a raft of new characters and game modes. Unfortunately, the new version of Flappy Bird seems to be the result of a yearslong set of legal maneuvers by a crypto-adjacent game developer intent on taking the “Flappy Bird” name from the game’s original creator, Dong Nguyen.

“No, I have no related with their game. I did not sell anything,” Nguyen wrote on social media over the weekend in his first post since 2017. “I also don’t support crypto,” Nguyen added.

No, I have no related with their game. I did not sell anything.

I also don’t support crypto.

— Dong Nguyen (@dongatory) September 15, 2024

Flappy Bird was designed to play in a few minutes when you are relaxed,” Nguyen said in a 2014 interview after removing the game from mobile app stores. “But it happened to become an addictive product. I think it has become a problem. To solve that problem, it’s best to take down Flappy Bird. It’s gone forever.”

“A decade-long, convoluted journey to get here”

So how can another company release a game named Flappy Bird without Nguyen’s approval or sale of the rights? Court filings show that a company called Gametech Holdings filed a “notice of opposition” against Nguyen with the US Patent and Trademark Office (USPTO) in late 2023, seeking to invalidate his claim on the “Flappy Bird” name. When Nguyen, who lives in Vietnam, didn’t respond to that notice by November, the US Patent and Trademark Office entered a default judgment against him and officially canceled his trademark in January, allowing Gametech to legally claim the name.

But Gametech’s efforts to legally acquire the Flappy Bird name seem to go back much further than that. Back in 2014, an outfit called Mobile Media Partners tried to claim the Flappy Bird trademark in a filing made mere days after Nguyen pulled the game from the App Store. Coincidentally enough, the specific New Jersey address listed by Mobile Media Partners on that 2014 application matches an address used by Gametech Holdings in the paperwork for its 2023 legal efforts.

Mobile Media Partners’ 2014 application makes reference to a (now-defunct) FlappyBirdReturns.com and asserts that the company had “reserved/acquired the name from Apple in their Apps Store [sic].” It also claims that “Flappy Bird” is “not being used by any other companies and/or people,” taking quick advantage of Nguyen’s decision to take the game down.

A section from the USPTO's 2018 trademark certificate granting

Enlarge / A section from the USPTO’s 2018 trademark certificate granting “Flappy Bird” to “Mobile Media Partners.”

With this “evidence,” the USPTO actually granted Mobile Media Partners a Flappy Bird trademark in 2018, a fact that Gametech cited in its successful 2023 opposition to Nguyen’s use of the mark.

In a press release, a spokesperson for the newly formed Flappy Bird Foundation—which acquired the trademark from Gametech—summed this all up as “a decade-long, convoluted journey to get here.” The new company said it also acquired the legal rights to Piou Piou vs. Cactus, a little-known 2011 web game that seems to have heavily inspired Flappy Bird.

The newly launched FlappyBird.org website proudly refers to “the decade-long mission” to revive the game, which “involved acquiring legal rights.” The post also mentions “working with my predecessor to uncage me and re-hatch…” in phrasing that seems to imply a link to the original Flappy Bird but which could also reference the Piou Piou vs. Cactus acquisition.

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lexit-announces-best-nft-+-defi-partnerships-with-professional-automotive-drivers

LEXIT Announces Best NFT + DeFi Partnerships with Professional Automotive Drivers

January 13, 2022 by

The NFT and DeFi platform:  

IMAGINE, you could turn your Art, Music, Film, Books and ALL kinds of Inventions like… Source Code or even Patents into NFTs and have them available RIGHT AWAY to anyone & everybody on DeFi Liquidity Pools.

About LEXIT:  

LEXIT is a platform for transforming Intellectual Property into Non Fungible Tokens (NFTs). Anyone owning Art, Music, Film/Videos, Patents or Technical Inventions, can join and submit a listing for an NFT Launch, collect NFTs, follow/like its favorite creators and have the ability to build their NFT identity with LEXIT.

LEXIT will soon after also release an extension of its NFT Launchpad with an integration of its Decentralized Exchange (DEX) which will make launched NFTs immediately available for trading on LEXIT’s DeFi Pools.

Katia:  

“We are excited to be here at Petit Le Mans to debut our partnership with the talented Corey Lewis & Tommy Milner for the launch of LEXIT’s NFT Platform. LEXIT plans to have an automotive/motorsport themed launch with a focus on providing a fan engagement experience with the drivers and we couldn’t imagine two better drivers to lead that launch.”

THE WHY of it all:  

– LEXIT focuses on Motorsport’s industry to provide drivers a new source of revenue & a deeper level of engagement with fans. One of LEXIT’s goal is to provide a direct level of athlete engagement with fans 

– LEXIT is experimenting a new potential vehicle that could shift the overhaul of how sponsorship works with drivers

MEET THE DRIVERS 

Corey-Lewis-Profile-Pic

Corey Lewis: “Beyond excited to have LEXIT on board. This has been something that John Wise has been preaching for the last year. Now is the time – the future is now – NFT’s are rapidly growing and it is an absolute honor to be the first to have a Motorsport NFT with Lexit. I’m very excited for the future and I look forward to educating people in and out of Motorsports about NFT’s.”

R

Tommy Milner is an American race car driver with 18 seasons in the top sports car racing series, having represented and raced for some of the most successful racing teams and manufacturers over those years. He currently competes for Corvette Racing in the IMSA WeatherTech Sportscar Championship.

Jordan Taylor

Jordan Taylor (born May 10, 1991) is an American professional racing driver. He currently competes in the WeatherTech SportsCar Championship for Corvette Racing. He won the 2017 24 Hours of Daytona (along with Jeff Gordon, Max Angelelli and brother Ricky Taylor) and the 2017 championship in the Prototype class of the WeatherTech SportsCar Championship.MEET THE FOUNDERS 

Copy of IMG 4643.T

Katia Zaitsev, co-founder, Lexit

Katia Zaitsev 

Chief Business Officer & Co-Founder 

LEXi Digital Assets Ltd

About:  

Katia is a young female entrepreneur with expertise in business development, Growth in Revenue & Corporate Partnerships. Katia’s experience in growing revenue & developing businesses across various industries has given her the ability to grow LEXIT to its utmost potential. Katia began her career as a competitive athlete, representing Canada on a National Team level across the globe, giving her the strength, discipline & endurance from a young age to outperform the expectancy.

What is Lexit? 

LEXIT is a platform for transforming Intellectual Property into Non Fungible Tokens (NFTs). Anyone owning Art, Music, Film/Videos, Patents or Technical Inventions, can join and submit a listing for an NFT Launch, collect NFTs, follow/like its favourite creators and have the ability to build their NFT identity with LEXIT.

LEXIT will soon after also release an extension of its NFT Launchpad with an integration of its Decentralized Exchange (DEX) which will make launched NFTs immediately available for trading on LEXIT’s DeFi Pools.

Story Ideas:

– Our unique selling point is that we created a regulatory compliant process to fractionalize NFTs in any number of sNFT (Shard NFT) and making these available on our integrated Liquidity Pools to be swapped versus other crypto tokens.

– LEXIT is launching an industry wide theme – automotive/motorsport NFT marketplace

– Now is the time – the future is now – NFT’s are rapidly growing and it is an absolute honor to be the first to have a Motorsport NFT with Lexit.

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Crypto industry braces for wider adoption, more competition and perhaps regulatory clarity in 2022

‘I don’t see the regulators easing up on this. I think it will be quite a few years before there’s a clear stance on this [crypto regulation],’ says Ubik Group analyst’

Broader adoption of crypto related technology could drive further growth in 2022, while competition is also increasing among different blockchains and sectors, industry participants said.

The past year has proved that crypto is “not just a fad,” said Devin Ryan, director of financial technology research at investment bank JMP Securities. “This is a market where there’s been significant network effects building. And there’s a very strong vested interest in the ongoing success,” Ryan said. 

In November, total crypto market capitalization topped $3 trillion for the first time, before it fell to $2.39 trillion as of Tuesday, according to CoinGecko.

Meanwhile, the companies that are supporting the crypto economy also boast a value of $500 billion or more, according to Ryan. “This is the infrastructure companies and the exchanges and all the other plumbing and picks and shovels of the industry.”  

Loukas Lagoudis, executive director at crypto hedge fund ARK36 wrote in an email that the firm expected in 2022 more “investors will see allocation to digital assets as a part of their risk management strategy, especially given the increasingly inflationary economic environment and the declining bond yields.”

Partly due to bitcoin’s volatility, “a lot of banks and hedge funds will still have significant interest in trading these cryptocurrencies,” Christopher Vecchio, senior currency strategist at Forex data platform DailyFX, told MarketWatch. “There’s an opportunity to make markets here.”

More crypto-intensive businesses are expected to go public in 2022, according to a report by investment manager VanEck XBTF, +4.08%. “There are a wide range of businesses that crypto companies can participate in — from exchanges to digital asset miners to payment companies,” the report wrote. “As the crypto market continues to grow and develop, we anticipate the market to grow with new listings, and also shift as companies win and lose market share.”

More than bitcoin and ether

As the crypto industry grows increasingly mature, some analysts expect more funds to flow into cryptocurrencies other than bitcoin and ether ETHUSD, -0.15%.

“In 2022, people will begin to understand the vast scale of what’s possible with crypto and blockchain technology,” said Diogo Monica, president and co-founder of Anchorage Digital, the first federally chartered crypto bank. “It’s no longer just speculative investing in Bitcoin or Ethereum; we’re talking about NFTs (nonfungible tokens), DeFi (decentralized finance), remittances, capital preservation, and many other verticals,” Monica said. 

Some analysts expect the bitcoin dominance, which measures bitcoin’s market share of the whole crypto market, to continue to decline. Bitcoin dominance currently stands at 41%, down from 67% at the start of the year, according to charting platform TradingView.

“It’s unlikely we will ever see BTC dominance above 60% again,” Jason Desimone, head of blockchain at crypto-focused software company Ubik Group, told MarketWatch in an interview. “Bitcoin, ether, are always safe bets, but I don’t think they have the most upside, just because a lot of their value has been realized already, ” Desimone said. 

Thanks to Etheruem’s high gas fees, or the computational effort required to execute operations, Desimone said some other blockchains, such as Solana SOLUSD, -0.24% and Avalanche, could gain more advantages in 2022 as competition intensifies. Ethereum is transitioning from proof-of-work to a proof-of-stake validation method, which is expected to lower the network’s gas fees upon completion. 

“I think the new trend in 2022 is going to be what’s called interoperability, which means where you can migrate from one blockchain to another pretty seamlessly, pretty quick,” Desimone said. “We’re going to see a new ecosystem with a lot of undervalued tokens rising a lot.”

The crypto industry has witnessed the development of more vertical sectors in 2021, and analysts expect the trend to continue. In the past year, DeFi, saw explosive growth, as the total value locked in DeFi rose more than 270% to $98.7 billion since the start of 2021, according to data provider DeFi Pulse.

NFTs attracted unprecedented attention, as the largest NFT marketplace OpenSea saw its transaction volume growing to around $51 million from $20,650 at the start of the year, according to data site DappRadar.

Meme coin Dogecoin DOGEUSD, 1.09% traded up about 3,169% so far in 2021, while another dog-themed token Shiba Inu SHIBUSD, 4.49% rose more than 41,000,000%. Prices of Metaverse-related tokens surged thanks to the boost by Meta FB, +1.45%, or previously Facebook. Blockchain gaming, represented by Axie Infinity and The Sandbox, also gained more ground. 

Regulatory clarity?

In 2021, U.S. regulators made several pushes for new rules in crypto.

The ​​U.S. Securities and Exchange Commission greenlighted multiple bitcoin futures-based ETFs. President Joe Biden signed into law a $1 trillion infrastructure bill, which contains a provision that would require brokers of digital assets to record and report transactions to the Internal Revenue Service starting 2023. The president’s working group called on Congress to quickly pass new legislation that would require stablecoins to be issued by insured banks that are overseen by federal banking regulators. 

However, uncertainties still remain, as the market ponders whether crypto lending products are securities, how stablecoins and decentralized finance should be regulated, and whether the SEC will approve a spot bitcoin ETF soon

“The voices calling for crypto regulation, whether it be for tighter consumer protection or just clarity of the rules for institutions, are getting much louder,” Huong Hauduc, general counsel at digital asset prime brokerage and exchange BEQUANT, said in an email to MarketWatch. 

Some analysts are positive that the U.S. regulators will provide more clarity in the coming year. “It’s been very nice to kind of see across the board, a thoughtful and careful approach to regulation, and very good engagement from federal regulators with the industry,” Nathan McCauley, co-founder and CEO at Anchorage Digital told MarketWatch.

However, some remain bearish. “I don’t see the regulators easing up on this. I think it will be quite a few years before there’s a clear stance on this [crypto regulation],” Ubik Group’s Desimone said. “I think what’s going to happen, unfortunately, is the smartest talent and the most capital is going to flow towards the jurisdictions that are (more) crypto friendly.”

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Ethereum Will Be The New App Store In A Decentralized Future, Says Microsoft Exec

December 9, 2021 by

  • Microsoft’s top-ranking executive has touted Ethereum to be the de facto app store in the future.
  • He says the timeline for this to happen is 2023 and will occur after Ethereum scales up.
  • Ethereum network plays a key role in NFTs, DApps, and decentralized finance.

According to Microsoft’s Director, the Ethereum network could gain even more adoption in the future. The network’s offerings and capabilities will make it the ground-zero for apps in 2023.

Ethereum – The Mothership

Yorke Rhodes, the Director of Digital Transformation at Microsoft has hailed Ethereum’s stellar features and has predicted the network to be the go-to hub for apps by 2023. As the world inexorably marches towards a decentralized future, DApps are beginning to rise in popularity and according to Dapps Radar, there are over 9,000 decentralized applications in existence.

“Prediction: Ethereum becomes the Decentralized Appstore by 2023,” said Rhodes against the backdrop of falling revenues from traditional app stores like Google and Apple. 

Rhodes’ prediction of 2023 might be tied to the Ethereum network’s transition from Proof-of-Work to Proof-of-Stake that will usher in a new era for the network. The transition is viewed as a major solution to the nagging problem of scaling and the high gas fees associated with Ethereum in recent months. Already, Ethereum’s co-founder Vitalik Buterin has proposed some short-term scaling solutions for the network.

While Ethereum has the pedigree of being the first mover with decentralized applications like CryptoKitties gaining traction in 2017, it has come under threat from newer blockchains like Solana and Polkadot. It is widely expected that after Ethereum transitions, the network will be able to muscle the competition from other blockchains.

Ethereum’s switch to Proof-of-Stake is billed to be completed sometime in 2022. The network has well over 3,000 DApps built on it and is the undisputed leader in the nascent fields of NFTs and DeFi.

DApps Will Play A Huge Role

Web 3 is the new rallying cry of cryptocurrency enthusiasts, signaling a shift away from the traditional internet as we know it. This iteration of the internet focuses on decentralization which is in contrast with the current regime of centralization of data by big tech companies. 

DApps have their backend code running on decentralized peer-to-peer networks, unlike traditional applications that run their codes on centralized servers. According to proponents, DApps, NFTs, DeFi, and DAOs will serve as the building blocks for a new future of the internet.

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Last modified: December 23, 2021

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NFT/Crypto becoming ‘impossible to ignore,’ as it ropes in more Wall Street investors

December 8, 2021 by

The cryptocurrency industry is steadily roping in Wall Streets giants. In its year-end letter, LionTree’s Chairman and CEO Aryeh Bourkoff highlighted the exponential growth and potential of the budding sector. Thus, citing the recent quest by the ConstitutionDAO to buy the American Constitution’s NFT. He said,

“It epitomizes the potential of the new economy: cutting-edge technology at the service of communities who can act upon their shared ideas not only recreationally, but in ways that create lasting value.”

He also argued that cryptocurrencies could fulfill the internet’s goal of empowering individuals. According to him, the crypto sector has now become “impossible to ignore” with the industry’s market cap sitting at over $2 trillion.

Furthermore, he noted that cryptocurrencies are also helping those with excess cash to guard their funds against inflation while also getting higher yields and returns.

Expanding upon LionTree’s future crypto plans, the banker noted,

“We’re currently exploring ways to start accepting crypto as payment for our services, and in the not-so-distant future, as our ecosystem grows and our relationships continue to mature, we might even create our own LionTree token of trust.”

However, Bourkoff’s high praise was accompanied by issues that he feels need to be addressed before cryptocurrencies truly become mainstream. He noted that the industry needs to become more energy efficient to be widely accepted.

Thereby, adding that a single transaction on the Ethereum network utilizes more energy than an average U.S. household does in a week. Notably, he also mentioned the need to adopt friendly user interfaces by crypto platforms so that their user base can expand further from a predominantly male and tech-savvy population.

The biggest issue perhaps would be meaningful regulation, according to Bourkoff, as it would include governing cryptocurrencies that are explicitly marketed as alternatives to fiat currencies. He said,

“Globally, countries will have to balance regulation and innovation, and weigh their desire to attract the next generation of entrepreneurs against their urge for control through centralized currencies.”

LionTree has had a successful 2021, having brokered some large media acquisition deals including those between WarnerMedia with Discovery Inc. along with Amazon’s acquisition of MGM Studios.

Bourkoff and his firm are one of the proponents of traditional finance that are now dipping their toes into the cryptocurrency industry. Just recently, billionaire investor Ray Dalio revealed that he owns “bits” of Bitcoin and Ethereum, adding that,

“It has been an amazing accomplishment for bitcoin to have achieved what it has done, from writing that program, not being hacked, having it work, and having it adopted the way it has been.”

In fact, a recent survey by EY found that one-in-four hedge fund managers are expecting to increase their exposure to cryptocurrencies in the next one to two years. Besides, 20% of the surveyed institutional investors claiming the same.

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Last modified: December 23, 2021

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Coming, NFT Games To Earn Cryptocurrency In 2022

December 2, 2021 by

Every mobile game developer wants to create an excellent game with a monetization mechanism to maximize their advertising revenue. Currently, most crypto games require players to use real money to purchase virtual reality goods, after which they can unlock advanced content. Using cryptocurrencies instead of money would make the process a lot easier for NFT gamers and the developers if applied. And now, slowly, many developers are catching up to it and can tag their digital collectibles.

But, what does this mean? Game developers realize that an in-game economy based on blockchain networks rather than on real currency can give them their rights in value and existence rather than just an in-game currency. As a result, NFT gamers can purchase, use, sell, and trade the currencies they have amassed outside of the crypto gaming industry.

With NFT games growing in awareness and popularity, we thought now is the right time to list the best NFT games and where to find them. We reviewed different genres of NFT games so anyone might find a game they will enjoy. We are looking at these play-to-earn games from a gameplay perspective and financial advice. These are the games we suggest you buy into. The best way to stay updated with the upcoming NFT games & cryptocurrencies, join the Crypto Gaming Bulls telegram channel!

Top 5 Best NFT & Crypto Games to Invest & Explore in 2022: 

  • Battle of Guardians – Play-To-Earn NFT Fighting Game on Solana Blockchain
  • RaceFI – Newly Launched Metaverse Platform, Earn Crypto Prizes
  • Rainmaker – Stock Fantasy Gaming Platform based on Cryptocurrency
  • Polygonum – Cross-Platform DeFi Game With Crypto & NFT Marketplace

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Solana ($SOL) Might Skyrocket After Hitting Bottom

Solana ($SOL) Price Could Soon ‘Rage Pump’ After Hitting Bottom, Crypto Analyst

A closely-watched cryptocurrency analyst who predicted 2018’s bear market bottom, has predicted that the price of Ethereum ($ETH) competitor Solana ($SOL) could soon see a “rage pump” after hitting a bottom below the $150 mark.

The pseudonymous cryptocurrency analyst, Smart Contracter, noted on Twitter that Solana has bottomed with a “nice clean 3 wave move down from the highs on daily,” The analyst told his nearly 200,000 followers he expects Solana’s price to hit a new all-time high.

Smart Contracter’s price prediction uses Elliott Wave theory, which according to Investopedia was developed by Ralph Nelson Elliott in the 1920s after he observed and identified “recurring, fractal wave patterns.”

These fractal wave patterns are based on the psychology of the masses. The Elliott Wave theory is usually interpreted is usually interpreted based on five waves moving in the direction of a main market trend, which can be bullish or bearish, and by three corrective waves. The repetition of these patterns, theory suggests, allows the movements of asset prices to be predicted.

The theory is said to have gained notoriety when Elliott himself predicted the stock market bottom in 1935 after a 13-month correction. Smart Contracrer’s analysis of SOL using it suggests the price of the cryptocurrency has completed a wave-two corrective phase and is now ready for a third wave rally.

Based on his analysis, he predicted a Solana price “rage pump” is near and advised followers not to forget Solana’s past rally earlier this year. Notably Zhu Su, CEO of crypto investment firm Three Arrows Capital, has revealed the firm has been accumulating “a massive amount of SOL.

As CryptoGlobe reported, popular cryptocurrency exchange Kraken recently suggested the price of Solana could rally up to 260% by the first quarter of next year based on technical analysis of its price performance since 2020.

In its November 2021 Market Recap and Outlook report, Kraken detailed that Solana has been in a “broadening ascending wedge” and “appears in the early innings of its fourth wave of price discovery.”  Adoption of Solana has been growing, with crypto-friendly browser Opera planning to integrate its ecosystem into its wallet early next year.

DISCLAIMER

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

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Last modified: December 23, 2021

About the Author:

Eric is the Editor-In-Chief at TheCESBible.com

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