[ad_1] Este artículo también está disponible en español. Despite being in a downward trend all week, Floki (FLOKI) remains significantly bullish, according to a crypto analyst. Basing his analysis on similarities between past price movements, the analyst has outlined a master plan for Floki, predicting that the popular meme coin and Shiba Inu competitor is set for a 2,000% surge. Analyst Reveals The Floki Master Plan In a recent X (formerly Twitter) post, crypto analyst, ‘Master Kenobi’ discussed Floki’s past price movements, identifying a unique recurring chart pattern that could indicate a future price spike for the cryptocurrency. The analyst…
Author: dfrancis36
[ad_1] The Shiba Inu burn tracking website Shibburn recently revealed how many SHIB tokens were burned in September. The burn rate witnessed an impressive surge compared to the number of tokens burned the previous month. Shiba Inu Burn Rate Spikes In September Shibburn revealed in an X post that almost 2.4 billion Shiba Inu tokens ($42,069) were burned in September with 131 transactions. This represents a 249% spike in the monthly burn rate, as 680 million SHIB tokens were burned in August. This is a positive development for the Shiba Inu ecosystem, considering the impact that the token burns could…
[ad_1] Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments…
[ad_1] Scams within the crypto landscape are evolving with dizzying complexity. Just recently, Ripple Chief Technology Officer, David Schwartz, showed how phishing attacks have also been carried out against unsuspecting Coinbase users–the largest cryptocurrency exchange. It is a biting reminder of the dangers lurking within the digital space, and even the most seasoned professionals can be fooled by audacious fraudsters. Ripple CTO Reveals Latest Scam Schwartz took to social media to disclose all the details of the scam message he received from where their sender claimed to be a Coinbase representative. The scammers misrepresented themselves as being from the asset…
[ad_1] Recent price action is painting a bearish picture for FET, with the Relative Strength Index (RSI) signaling the potential for further declines. As the RSI hovers in bearish territory, the momentum seems to be favoring sellers, raising concerns of a deeper downturn. In the midst of the intensifying downside pressure, attention is shifting to the critical $0.9 support level. Holding this level is crucial for avoiding additional losses, as a breakdown could lead to more significant declines. With current market sentiment suggesting more losses may be in store, this article aims to analyze the ongoing bearish extension in FET,…
[ad_1] A recent Bloomberg report revealed that former President Donald Trump has made several new promises to the crypto community should he win the upcoming US presidential election. Among these promises is a controversial pledge to commute the sentence of Ross Ulbricht, the founder of the infamous Silk Road marketplace. Trump’s Strategy To Win Crypto Votes In 2011, Ross Ulbricht founded Silk Road, an online exchange facilitating the anonymous buying and selling of illegal goods and services using Bitcoin (BTC). During its two years of operation, Silk Road was linked to more than $200 million in illegal transactions, according to…
[ad_1] Payments giant PayPal has reportedly completed its first business transaction using the dollar-pegged stablecoin it launched last year. Bloomberg reports that on September 23rd, the San Francisco-based company used PayPalUSD (PYUSD) to pay an invoice to the Big Four accounting firm Ernst & Young. Paypal settled the undisclosed amount using SAP digital currency hub, a platform that enables users to make and receive payments in cryptocurrencies and stablecoins without intermediaries. Jose Fernandez da Ponte, PayPal’s senior vice president of blockchain, cryptocurrency, and digital currencies, says the payment demonstrates a new use case for the stablecoin, which now has a…
[ad_1] Este artículo también está disponible en español. In a technical analysis shared with his followers on X, crypto analyst Bobby A (@Bobby_1111888) provides a bullish prediction for XRP despite the US Securities and Exchange Commission’s decision to appeal the ruling in its case against Ripple Labs. Amid the regulatory turmoil, Bobby’s interpretation of the macro charts suggests a bullish outlook for XRP, contradicting the potential bearish sentiment stirred by the SEC’s latest legal maneuver. Bobby contrasts the immediate market reactions typically triggered by high-profile legal news with the actual long-term trends observed in asset prices. “Many forget that, even…
[ad_1] The Bitcoinverse is currently buzzing with anticipation as HBO prepares to air its documentary, “Money Electric: The Bitcoin Mystery,” which claims to unveil the true identity of Bitcoin’s elusive creator, Satoshi Nakamoto. The feature is scheduled to premiere on Wednesday, October 8, 2024, at 2 am CET (Tuesday, 9 pm EST). Directed by the Emmy-nominated Cullen Hoback, known for his investigative prowess in the critically acclaimed series “Q: Into the Storm,” the documentary aims to take viewers on a thrilling journey into the origins of Bitcoin. Hoback’s previous work successfully unmasked the architects behind the QAnon conspiracy theory, raising…
[ad_1] Venture capitalist Arthur Cheong believes that one decentralized finance (DeFi) altcoin may be gearing up for a massive breakout. The DeFiance Capital CEO tells his 176,400 followers on the social media platform X that several factors are signaling bullishness for lending platform Aave (AAVE). He suggests Aave’s open interest (OI), which is the total number of outstanding derivatives contracts for a given asset, may have bottomed after a large decline in the last month. “AAVE price is holding up very well despite the leverage flush on the perps over the past few weeks: 1. Open Interest at 30 days…