[ad_1] A popular crypto analyst and trader thinks a trio of memecoins including Pepe (PEPE) are gearing up for big breakout rallies. Pseudonymous analyst Altcoin Sherpa tells his 219,100 followers on the social media platform X that Ethereum (ETH)-based altcoin PEPE and Solana (SOL)-based meme tokens dogwifhat (WIF) and Popcat (POPCAT) are threatening to take out their immediate resistance levels. “Big-cap memes loading for the next leg up. PEPE, WIF, POPCAT.” Source: Altcoin Sherpa/X Based on the trader’s chart, he seems to suggest that PEPE will break out after soaring above resistance at $0.0000128. At time of writing, PEPE is worth…
Author: dfrancis36
[ad_1] Regardless of both their maturity in the market, Bitcoin and Ethereum rivalry persists. According to recent insights from QCP Capital, a global digital asset trading firm and market maker, Ethereum appears to have now shown potential for larger price fluctuations compared to Bitcoin. QCP reveals that the volatility premium between these two major cryptocurrencies has seen a notable increase, with Ethereum leading in potential price swings. ETH to see Larger Price Swings than BTC Delving further into the insights shared, QCP Capital disclosed that it has observed Ethereum’s volatility premium over Bitcoin expanding to 8%, up from 4% just last…
[ad_1] Data shows the American exchanges are observing a rise in their Bitcoin dominance. Here’s what happened the last two times this trend appeared. Bitcoin Is Moving From Global Platforms To US-Based Ones In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed a trend that has been emerging in a Bitcoin indicator recently. The metric in question is the ratio between the BTC reserve of US-based platforms and off-shore ones. “Platforms” here not only include the exchanges, but also the spot exchange-traded funds (ETFs), which were only approved to operate in the US in…
[ad_1] Many investors regret missing out on Bitcoin’s exponential rise from its early days, watching it surge to tremendous heights. But don’t worry, the cryptocurrency market constantly evolves, and new opportunities arise.While Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the market, savvy investors look for undervalued tokens that could yield higher returns in the long run.Agoric (BLD), an undervalued token, has the potential to become the next big thing. It’s a relatively new cryptocurrency gaining attention from smart investors, giving them an opportunity to enter the market at a lower cost with growth potential.But what is Agoric?Agoric is a…
[ad_1] After over a decade of suspense, creditors of the defunct Mt. Gox Bitcoin (BTC) exchange have finally begun receiving long-awaited payouts this month. Data from research firm Glassnode shows that as of Tuesday, 59,000 of Mt. Gox’s 142,000 BTC had already been distributed to creditors via the Kraken and Bitstamp exchanges, with another 79,600 BTC to follow soon. Muted Selling Pressure Expected? According to a recent report by Glassnode, the total recovered coin volume amounts to over 141,686 BTC, with nearly 59,000 BTC already finding their way to creditors and the remaining sum awaiting distribution. Kraken and Bitstamp have been…
[ad_1] Are you searching for affordable yet potentially high-yield investments in the cryptocurrency market? Look no further. Pepecoin (PEPE) and the emerging Mpeppe (MPEPE), currently trading at $0.00107, are garnering attention for their lucrative potential. Let’s dive into why these two cryptocurrencies might be your next best investment. Pepecoin (PEPE): Affordable with High Potential Pepecoin (PEPE) has become a notable player in the cryptocurrency market, especially for investors looking for cost-effective opportunities. Currently priced at $3.782249, Pepecoin has shown a steady increase of 2.77% over the last 24 hours. With a market cap of $437.80 million USD and a 24-hour…
[ad_1] As the cryptocurrency market continues to evolve, investors and analysts alike are turning their attention to promising tokens that could lead the next wave of growth. Among these tokens, Cardano (ADA) and Mpeppe (MPEPE) are gaining significant traction. Analysts predict that both of these cryptocurrencies could skyrocket by 100%, dominating the market in the coming months. Cardano (ADA): Preparing for a Major Leap Cardano (ADA) is currently trading at $0.411165 USD, with a market cap of $14.76 billion USD. The 24-hour trading volume stands at $305.26 million USD, with Cardano (ADA) showing a positive change of 0.62% in the…
[ad_1] In a recent interview with CNBC ‘Money Movers’ host Mark Quintanilla, WisdomTree CEO Jonathan Steinberg announced that crypto is going and will continue to be mainstream in the coming years. This sentiment is further strengthened by the recent speech by former US President Donald Trump in a recent Bitcoin conference that saw huge potential for investors. The Key To Open The Mainstream Door According to Steinberg, the former President’s ambitiousness on the crypto side makes it all the more enchanting to retail investors. Trump’s promises of regulatory clarity for Bitcoin and crypto as an asset class is a big…
[ad_1] On-chain data suggests that some Ethereum whales might be jumping off the bandwagon amidst the ongoing tug-of-war between bulls and bears. This phenomenon has become increasingly evident as transaction data from whale trackers reveals a significant uptick in whale activity over the past 24 hours. The majority of these transactions are directed towards various crypto exchanges, indicating a possible shift in strategy or sentiment among these large-scale investors. Notably, on-chain transaction alerts from Whale_Alerts show that approximately $205 million worth of ETH has been transferred into crypto exchange Coinbase from unknown wallets within the past 24 hours. Ethereum Whales…
[ad_1] Economist and crypto trader, Alex Kruger has presented compelling arguments for why Bitcoin (BTC) should be viewed in a more positive light. The popular economist has emphasized the significance of holding Bitcoin, inadvertently encouraging investors to acquire the pioneer cryptocurrency as a safeguard against the devaluation of fiat currencies. Bitcoin As A Hedge Against Dollar Devaluation On July 24, Jedi from the YouTube channel, Blocmates Orange hosted an exclusive interview with Kruger and Rich Rines, a founding contributor of Core DAO. While speaking on the potential for a Bitcoin super cycle and deducing the cyclic halving events, Kruger also…