IG Community Forum » Cryptocurrency and Blockchain
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This section of the IG Client Help forum is a dedicated area to discuss anything relating to cryptocurrencies and blockchain. Talk about bitcoin, ether, ripple, Litecoin, and anything relating to distributed ledger tech.
IG Community Forum » Cryptocurrency and Blockchain
10h ago
Elliott Wave Analysis TradingLounge Daily Chart,
NEO/ U.S. dollar(NEOUSD)
NEOUSD Elliott Wave Technical Analysis
Function: Follow Trend
Mode: Motive
Structure: Impulse
Position: Wave (3)
Direction Next higher Degrees: Wave ((3)) of Impulse
Wave Cancel invalid Level: 9.85
Details: Wave (3) is Equal to 161.8% of Wave (1) at 24.52
NEO/ U.S. dollar(NEOUSD)Trading Strategy:
NEO is still in an uptrend from Prices remain in the third wave price structure. We expect the price to test the 40.75 level, which is 161.8% of the length of the first wave. So look for opportunities to join the uptrend.
NEO/ U ..read more
IG Community Forum » Cryptocurrency and Blockchain
10h ago
So much anticipation toward the fourth Bitcoin halving event expected to take place next month. Halving is a deflationary mechanism aimed at controlling BTC supply by slashing miners BTC reward by 50%. Halving usually affect Bitcoin price prior and after the event, in turn it yield a ripple effect on the whole industry. Some analysts agreed that halving determines cryptocurrency season, bull or bear as such the anxiety in the space. A lots of new millionaires will be made while other will remain side watcher because they can’t spot the opportunities in the market.
During the ..read more
IG Community Forum » Cryptocurrency and Blockchain
10h ago
Catboy appears to be an intriguing project that merges elements of AI, GameFi, gaming, and NFTs, catering to enthusiasts like me who are fond of pets. The ecosystem offers a unique experience by integrating AI interaction with NFTs, enabling users to collect and trade anime-inspired NFTs while enjoying various reward programs. Moreover, the project's mission extends beyond entertainment, aiming to advocate for and protect animals in need, fostering a community where animals are valued and appreciated.
Founded in 2021 by Bene and other experts in the field, it has experienced significant growth ..read more
IG Community Forum » Cryptocurrency and Blockchain
10h ago
TONFISH makes a splash as Telegram's inaugural social meme token, ushering in a new era of engagement within the TON ecosystem. With the mission to broaden access to Telegram and the TON ecosystem, TONFISH aims to empower more users to participate and experience the benefits of on-chain assets.
Community-driven Meme Coin: TONFISH stands out as the first non-foundation community meme coin within the TON ecosystem. This grassroots initiative is fueled by the collective enthusiasm and creativity of its community members, fostering a vibrant and inclusive ecosystem.
Expanding TON Ecosystem ..read more
IG Community Forum » Cryptocurrency and Blockchain
10h ago
Aerodrome Finance emerges as a trailblazer in the realm of decentralized finance, designed to serve as Base's central liquidity hub. With a powerful combination of features including a liquidity incentive engine, vote-lock governance model, and user-friendly interface, Aerodrome Finance is redefining the landscape of automated market makers (AMMs).
Next-Generation AMM: Aerodrome Finance represents the next evolution of AMMs, incorporating the latest features from Velodrome V2. This ensures that users have access to cutting-edge technology and functionality, providing a seamless and effi ..read more
IG Community Forum » Cryptocurrency and Blockchain
10h ago
Elliott Wave Analysis TradingLounge Daily Chart,
Binance/ U.S. dollar(BNBEUSD)
BNBUSD Elliott Wave Technical Analysis
Function: Follow Trend
Mode: Motive
Structure: Impulse
Position: Wave ((v))
Direction Next higher Degrees: wave 3
Wave Cancel invalid level: 287.5
Details: Wave ((V)) is equal to wave ((1) at 734.4
Binance/ U.S. dollar(BNBEUSD)Trading Strategy:
It looks like Wave IV has finished correcting. And the price is rising again in Wave V. Wave V usually has the same length as Wave I. Therefore, we predict the trend of Wave V has a chance to test the 0734.4 level before correcting again ..read more
IG Community Forum » Cryptocurrency and Blockchain
10h ago
Bitcoin's halving is a significant event that directly impacts the number of new bitcoins entering circulation, and it plays a vital role in Bitcoin's economic model. Here's an overview to help you understand what Bitcoin halving is, why it happens, and its implications:
What is Bitcoin Halving?
Bitcoin halving refers to the event where the reward for mining new blocks is halved, meaning miners receive 50% fewer bitcoins for verifying transactions. This halving happens approximately every four years, or after 210,000 blocks have been mined. It's a part of the Bitcoin protocol, designed by Sato ..read more
IG Community Forum » Cryptocurrency and Blockchain
10h ago
Title: Understanding Bitcoin's Halving: The Four-Year Event That Excites Crypto Fans
Every four years, something big happens in the cryptocurrency world that gets people really excited – it's called the Bitcoin halving. This event is built right into Bitcoin's core code, and it has a major impact on the supply and value of the world's leading digital currency.
So, what exactly is this halving all about? Essentially, it's a pre-programmed process that cuts the reward that Bitcoin miners receive in half. Miners are the people who use powerful computers to verify and add new transactions to the B ..read more
IG Community Forum » Cryptocurrency and Blockchain
10h ago
Within the dynamic and often volatile realm of cryptocurrency, memecoins stand out as a vibrant yet unpredictable segment. Presently, the total market capitalization of memecoins sits at approximately $64.8 billion, a substantial portion of the broader crypto market, subject to rapid fluctuations. Amidst this bullish environment, memecoins offer the tantalizing prospect of substantial returns. One such memecoin that has recently garnered attention, particularly following its listing on Bitget, is OmniCat ($OMNI). OmniCat (OMNI) emerges as a cryptocurrency designed to offer users an innov ..read more
IG Community Forum » Cryptocurrency and Blockchain
10h ago
TON FISH emerges as Telegram's pioneering venture into the realm of social meme tokens, aiming to broaden the accessibility of Telegram and the TON ecosystem. Positioned as the inaugural non-foundation community meme coin within its ecosystem, it represents a concerted effort to engage a wider audience within the its ecosystem and foster its growth by facilitating user interaction with on-chain assets. With its inception rooted in the vision of expanding user participation and enriching the its ecosystem experience, it stands as a testament to the evolving landscape of digital currencies and s ..read more