[ad_1] The first-ever Dogecoin Exchange Traded Product (ETP) has been officially launched, sparking excitement for a possible DOGE price rally. Combined with several other bullish factors which have fueled the recent surge in the DOGE price, this new ETP positions the top meme coin for a potential 100% increase to new highs. Valour Launches First Dogecoin ETP Valour Inc., a DeFi technology subsidiary, introduced a Dogecoin ETP on Sweden’s Spotlight Stock Market. This development marks the world’s first Dogecoin ETP available in Northern Europe, specifically in the Nordic countries. According to a Press Release published by Valour, the new Dogecoin…
Author: dfrancis36
[ad_1] Kraken’s NFT Marketplace ClosureKraken’s NFT marketplace, introduced in 2022, allowed users to buy, sell, and trade digital collectibles without gas fees for transactions. However, as of November 27, 2024, new listings and trades are disabled, and the trading platform will fully shut down by February 27, 2025. Kraken attributed this move to its intent to reallocate resources towards other projects, including the development of innovative crypto solutions and expanding its token offerings. Image Source: Thomas S on XWhy Is Kraken Shutting Down Its NFT MarketplaceThe NFT market has faced numerous challenges:Declining Trading Volume: NFT sales peaked in 2022 but have since plummeted.…
[ad_1] Bitcoin has seen a 9% retracement from its all-time high of $99,800, but its long-term bullish structure remains intact. This correction, though notable, hasn’t dampened investor optimism, as many are prepared to buy the dip and drive BTC past the elusive $100,000 mark. According to key metrics shared by Axel Adler, a prominent CryptoQuant analyst, Bitcoin’s recent pullback is part of a healthy correction within a larger bullish cycle. Adler’s analysis highlights that on-chain activity and demand from long-term holders continue to support the case for further price appreciation. If BTC recovers quickly and breaks above $100,000, it could…
[ad_1] An analyst known as a “Master Trader” on the crypto exchange Bybit thinks that Dogecoin’s (DOGE) correction is over. Pseudonymous analyst Bluntz tells his 299,300 followers on the social media platform X that the top memecoin’s parabolic rally is in its early days. The trader shares a chart suggesting that DOGE could soar above $1 before its five-wave rally is over. “Current DOGE wave four looks done here. [DOGE] has been in an upwards sideways running flat correction for two weeks now and plenty of people have gotten bored and moved on to chase the next shiny thing. In…
[ad_1] Este artículo también está disponible en español. A crypto pundit has suggested that the Dogecoin price rally is far from over, forecasting mid-term targets between $2.2 and $3.46 for the dog-themed meme coin. According to his detailed price chart, Dogecoin is currently in wave 3 of the Elliott Wave Theory and set for a significant price surge. Analyst Predicts Dogecoin Price Macro Target Hov, a crypto analyst on X (formerly Twitter), has discussed Dogecoin‘s future price movements based on the Elliott Wave Theory and its current price action. The analyst noted that the meme coin has received a remarkable…
[ad_1] Bitcoin has experienced a significant rally in 2024, and its price has more than doubled since the beginning of the year to approach the psychological $100,000 mark. Interestingly, Tony “The Bull” Severino, a popular crypto analyst on the social media platform X, suggested when to expect the peak of the BTC price this bull run, with price movements pointing to a Bitcoin top in the next two months. Analyst Calls Bitcoin Top With Cyclical Patterns The BTC price surge throughout this year can be attributed to several factors, including the election of President Donald Trump, who has expressed support…
[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…
[ad_1] aOn November 26, the Fifth Circuit Court of Appeals ruled that the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) exceeded its authority by sanctioning crypto mixer Tornado Cash’s immutable smart contracts. The court declared that these autonomous smart contracts, which operate without human intervention, cannot be classified as “property” under federal law, effectively placing them outside the scope of the International Emergency Economic Powers Act (IEEPA). Crypto Wins Big Time The ruling overturns OFAC’s prior designation of Tornado Cash’s smart contracts on the sanctions list—a move that had significant implications for privacy and decentralization within…
[ad_1] Crypto product firm 21Shares is launching new exchange-traded products (ETPs) centered around four prominent digital assets. In a new thread on the social media platform X, the world’s largest ETP provider says it is launching ETPs for oracle provider Pyth (PYTH), decentralized graphics processing protocol Render (RENDER), real-world assets-focused Ondo Finance (ONDO), and layer-one blockchain Near Protocol (NEAR). “Big news: Four game-changing ETPs just released! Introducing our newest products focused on oracles, tokenization, decentralized computing, and artificial intelligence.” In its product descriptions, 21Shares notes that each ETP is 100% “physically” backed up by its associated token. News of the…
[ad_1] Dubai, UAE, November 27th, 2024, ChainwireTrust Wallet, a leading self-custody Web3 wallet trusted by over 140 million users, has announced the third project under Trust Wallet Launchpool, featuring the reward token $WOD. $WOD is the native token of World of Dypians, a MMORPG available on Epic Games, set in a connected virtual world, featuring advanced AI, stunning graphics, and immersive gameplay. The dynamic ecosystem merges DeFi, NFTs, Gaming, and AI into a single immersive experience. For this launchpool campaign, World of Dypians will allocate 1% of the total $WOD supply to Trust Wallet Launchpool participants.How Trust Wallet Launchpool WorksTrust Wallet…