[ad_1] A crypto trader and analyst is expressing an overall bullish outlook on Dogecoin (DOGE) as the memecoin consolidates. Pseudonymous analyst Altcoin Sherpa tells his 11,300 YouTube subscribers that DOGE could eventually break out and soar to as high as $0.50. However, the analyst warns that DOGE has a relatively large market cap that could limit its upside potential. He also says DOGE could be outperformed by other memecoins, including Pepe (PEPE), Bonk (BONK) and dogwifhat (WIF). “I do actually think that DOGE will eventually go test some of these higher levels. I think $0.35 to $0.40 are certainly possible.…
Author: dfrancis36
[ad_1] With six months remaining before the European MiCA Regulation’s provisions on crypto-asset services take effect, the Autorité des Marchés Financiers (AMF) has begun accepting applications for authorization to operate as a crypto-asset service provider. This authorization will be required from 1 July 2024.MiCA Regulation Requires AuthorizationThe European MiCA Regulation will come into force on 30 December 2024, requiring all market participants who wish to offer crypto-asset services within the European Union to obtain prior authorization. The regulation covers ten specific services: managing and safeguarding crypto-assets for clients; running a crypto-asset trading platform; converting crypto-assets to funds; swapping crypto-assets for…
[ad_1] Worldcoin, which once made headlines for its futuristic vision, is now at the center of turmoil. This time, conflict is making news, not innovation. Sam Altman of OpenAI’s cryptocurrency project is at the heart of this tempest as it struggles to accomplish its ambitious goal of a worldwide digital identification system. Concerns about token dilution, market manipulation, and legal obstacles have put the project—which aims to scan irises for digital IDs and reward participants with free WLD tokens—under close investigation. The Dilution Dilemma The crypto community has opposed Worldcoin’s tokenomics. With just 2.7% of its total WLD tokens in…
[ad_1] PEPE, one of the top meme coins in the crypto space, is currently at a crucial point as it approaches its long-standing bullish trend line. As the price draws near the bullish trend line, a break below it could signal a major shift in market sentiment, triggering a price draw down to the $0.00000766 mark. This article provides an in-depth analysis of the current price action, focusing on the bullish trend line. It examines whether a potential break below this line could drive the price to the critical support level at $0.00000766 or if a potential reversal is on…
[ad_1] On the main stage of Bitcoin 2024, Rep. Wiley Nickel (D-NC) shared that he’s working to have the Democrats shift to a more pro-Bitcoin and pro-crypto stance.He told the audience at the event that he’d recently written a letter to the DNC signed by 28 Democrats, 14 of which are in Congress, advocating for a new approach to digital asset policy from the party and its presidential nominee.Rep. Nickel explained that the new approach should include “pro-digital asset language in the party’s platform, selecting a vice presidential candidate sophisticated in digital asset policy, selecting a pro-innovation SEC chair, and…
[ad_1] Recently, a massive transaction shook the digital currency ecosystem. A prominent whale transferred 400 billion PEPE tokens—worth about $4.22 million—to Binance. Related Reading Strategically timed among the general negative market mood, this move seems to be a deliberate one for partial profit booking. The whale’s behavior corresponds to the breach of a critical support level around $0.00001075, a key threshold that has lately increased the downward pressure on PEPE’s price. A whale deposited 400B $PEPE($4.22M) to #Binance to take profits in the past hour. The whale withdrew 795.92B $PEPE($2.55M at the time) from #Binance on Mar 1 and currently…
[ad_1] Lightning Ventures, a VC firm in the Bitcoin space, launched Thunder Funder, a Regulation Crowdfunding (Reg CF) portal, at the Bitcoin 2024 conference last week. The platform aims to democratize early-stage investing in Bitcoin and open-source startups by allowing both accredited and non-accredited investors to participate. Thunder Funder leverages the Reg CF framework, which permits companies to raise up to $5 million annually from the public. For the first time, this opens up largely inaccessible startup investment opportunities to retail investors interested in the booming Bitcoin and open source sectors. Lightning Ventures has invested over $6.8 million in nearly 40 Bitcoin companies. With…
[ad_1] A widely followed cryptocurrency trader and analyst is expressing bearish sentiment on the broader digital assets market. The trader pseudonymously known as Bluntz tells his 266,600 followers on the social media platform X that the crypto assets space is likely to experience a “minimum two weeks of broader market downturn.” The widely followed trader also says that he has converted his crypto assets to mostly stablecoins. On his trading bias over the coming weeks, Bluntz says, “No longs for the next few weeks for me where I’ll re-evaluate afterwards.” Turning to Bitcoin (BTC), the pseudonymous analyst says that the…
[ad_1] After a drawn-out legal battle spanning over 16 months, the Montenegrin Court of Appeal has finally ruled that cryptocurrency entrepreneur Do Kwon will be extradited to his home country of South Korea, rejecting a parallel extradition request from the United States. Do Kwon One Step Closer To Facing Trial In South Korea Do Kwon, the co-founder of the now-collapsed blockchain protocol Terraform Labs, has been at the center of an international crackdown since the implosion of his company’s Luna and TerraUSD cryptocurrencies wiped out an estimated $40 billion in investor funds. This prompted both South Korean and US authorities…
[ad_1] Polygon (MATIC) recently broke below the crucial support level at $0.5 and is at risk of further price declines. This price drop is thanks to several traders who offloaded their tokens as soon as Polygon reached this support level amid the downtrend in the broader crypto market. Polygon Faces Significant Selling Pressure The Exchange-Onchain Market Depth indicator on the market intelligence platform IntoTheBlock shows that Polygon is currently facing significant selling pressure. Over 90 million tokens were sold after the coin hit $0.5. This indicator tracks the order books of the top 20 exchanges and shows the average price…