[ad_1] Este artículo también está disponible en español. Dogecoin (DOGE) is holding strong above a key price level after a small market dip on Sunday, putting it at a crucial turning point. The meme coin recently broke out of a monthly downtrend that has kept its price suppressed since late March, signaling a potential shift in momentum. Related Reading Analysts and investors are growing increasingly optimistic about DOGE’s latest price action, with some predicting that if Dogecoin breaks above the $0.12 mark, it could trigger a larger rally in the meme coin space. However, the next few days will be…
Author: dfrancis36
[ad_1] Lucie, the marketing lead for the Shiba Inu ecosystem, has addressed concerns about the token’s large supply, which a user had described as a “major disadvantage” for the SHIB community. She revealed plans to reduce it soon, generating optimism within the community that could potentially fuel a price leap for Shiba Inu’s native token, SHIB. “Epic” Shiba Inu Burn Strategy In a recent X post, Lucie clarified that the Shiba Inu developers could not modify the token supply because Ryoshi, the project’s anonymous creator, burned the keys, leaving no one in control. She emphasized that the only way to…
[ad_1] One Ethereum (ETH)-based memecoin is soaring by triple digits after a sudden listing by Binance, the world’s largest crypto trading platform by volume. As Binance announced on Monday spot trading support for First Neiro (NEIRO), dubbed by the project as “the official sister of DOGE,” the altcoin rallied more than 965%. NEIRO currently has a market cap of $170.3 million and is trading for $0.0004089 at time of writing. Binance also announced the listing of two other memecoins on the Ethereum blockchain, artificial intelligence (AI)-inspired Turbo (TURBO) and Baby Doge Coin (BABYDOGE). Turbo is trading for $0.004737 at time…
[ad_1] Este artículo también está disponible en español. Avalanche (AVAX) has had a terrible Q2 2024 by several standards, going by a significant decline in market capitalization coupled with low revenue generation. Related Reading Messari’s recent report indicated that AVAX faced a fierce correction after two quarters of growth on the trot. Market capitalization dipped by 40% within the last quarter to stand at $11.6 billion. Well, despite this slump, the ecosystem is still sound as AVAX still has a market cap of $4.5 billion — that’s a 157% surge compared to the same period in 2023. State of @avax…
[ad_1] The debt based monetary system has become quite extreme. On one hand, the US crossed the $35 trillion national debt milestone, placing a $104k burden on every US citizen. On the other hand, the Congressional Budget Office (CBO) puts federal expenditures for 2024 at 24.2% of GDP.This divergence between profligate spending and debt ballooning puts the economy on a narrow path. It is exceedingly unlikely that USG would opt to reduce spending, most of which goes to social programs, entitlements and the military. The latter alone is the key ingredient that backs USD as world currency.Conversely, this entails another…
[ad_1] Este artículo también está disponible en español. As the crypto market grapples with significant volatility and uncertainty, expert analyst Miles Deutscher has outlined ten reasons to be optimistic about the year’s fourth quarter (Q4). With Q4 fast approaching, Deutscher emphasizes that a monumental market shift could catch many investors off guard. Trends And Factors That Could Impact The Crypto Market In a recent social media post, Deutscher broke down his analysis into seasonality, macroeconomic factors, and crypto-specific elements. Deutscher begins by discussing the concept of seasonality, noting that market movements often follow cyclical patterns. Related Reading Historically, Q4 has…
[ad_1] South Asian country Bhutan, a Buddhist kingdom on the Himalayas’ eastern edge, has been revealed as a major Bitcoin holder, owning 13,011 BTC worth around $780.49 million, according to a report by Arkham Intelligence. The public data company identified Bhutan’s Bitcoin addresses, marking the first time this information has been publicly shared.BREAKING: BHUTAN GOVERNMENT’S $750M BTC NOW ON ARKHAMBhutan’s Bitcoin holdings are now labeled on Arkham. These holdings come from Bitcoin mining operations carried out by the Kingdom of Bhutan’s investment arm, Druk Holdings.Arkham is the first to publicly identify these… pic.twitter.com/a8ScUNJJ9F— Arkham (@ArkhamIntel) September 16, 2024 “Bhutan is the 4th largest…
[ad_1] Este artículo también está disponible en español. Investors are once again accumulating Bitcoin (BTC) despite previous price declines. Reports indicate that approximately $1.3 billion worth of Bitcoin has been withdrawn from various crypto exchanges, signaling a renewed interest and confidence in the leading cryptocurrency. Bitcoin Accumulation Frenzy Resumes Data from IntoTheBlock has revealed a new accumulation trend amongst Bitcoin investors. According to the financial service platform, roughly $1.29 billion worth of BTC has exited various Centralized Exchanges (CEXs) in the last week. Related Reading This development signals a shift in investors’ sentiment from a previously bearish stance. Just this…
[ad_1] With the Federal Reserve’s rate cut only a few days away, a crypto expert has shed light on the aftermath of Bitcoin‘s performance once the interest rate is decreased, particularly on September 18, which has been a major discussion within the general community. Bitcoin’s Short-Term Panic Is A “High Probability” In a cautionary post on the X (formerly Twitter) platform, well-known market expert and enthusiast, Doctor Profit, has issued a stark warning to Bitcoin’s investors that there may be a short-term panic following the Federal Reserve’s impending rate cut. The analyst believes that as investors respond to changes in…
[ad_1] Este artículo también está disponible en español. An analyst has explained how losing this on-chain demand zone could cause Ethereum to witness a crash to as low as $1,800. Ethereum Is Currently Retesting A Major On-Chain Support Zone In a new post on X, analyst Ali Martinez has discussed about how Ethereum is looking like in terms of investor cost basis distribution right now, citing data from the market intelligence platform IntoTheBlock. Looks like one range particularly stands out in terms of the number of addresses that bought there | Source: @ali_charts on X In the above chart, the…