[ad_1] Today, Donald Trump met with Bitcoin Magazine’s CEO David Bailey and several prominent U.S. Bitcoin miners. The meeting saw Trump commit to championing Bitcoin mining both in Washington D.C. and on the global stage.Today was a historic moment in our journey towards hyperbitcoinization. The former and next President of the United States gathered America’s hashrate and committed to championing our cause in DC and on the global stage. Bitcoin will THRIVE in 🇺🇸Orange Man+Orange Coin= Good pic.twitter.com/YhfzoJg19g— David Bailey🇵🇷 $0.65mm/btc is the floor (@DavidFBailey) June 12, 2024 Among the attendees were representatives from leading Bitcoin mining firms, including CleanSpark,…
Author: dfrancis36
[ad_1] Dogwifhat (WIF), the memecoin sensation that took the crypto market by storm during Q1, has followed Bitcoin’s recent downturn. As the dog-themed token faces a price decline of over 10%, some crypto analysts consider that a stop at $1 may be the next target for WIF. Related Reading Is The Hat Still On? Dogwifhat was the talk of the town earlier this year after becoming one of the leading champions of the Q1 memecoin frenzy. The token had a 95,000% “turbo parabolic” run from $0.004773 to its all-time high (ATH) of $4.58 at the end of March. Since then,…
[ad_1] The leading industry association, formerly known as Blockchain Australia, has undergone a comprehensive rebranding. Now called the Digital Economic Council of Australia (DECA), the organization has broadened its scope to encompass a wider array of digital economic activities, signaling a “transformative leap” towards inclusivity in the evolving tech space. Strategic Rebranding To Embrace A Broader Vision Aside from Blockchain Amy-Rose Goodey steps in as the new CEO of DECA, succeeding Simon Callaghan, whose resignation coincided with the organization’s strategic overhaul. This name change marks a “deliberate move” to embrace blockchain technology and other emerging digital sectors such as digital…
[ad_1] Crypto analyst Altcoin Sherpa recently outlined five altcoins that could provide crypto investors and traders with significant gains. He noted that these coins were looking “pretty strong” at the moment despite a lot of other tokens looking like “crap.” Five Altcoins To Keep An Eye On In an X (formerly Twitter) post, Altcoin Sherpa mentioned Injective, Wormhole, JasmyCoin, Stacks, and Toncoin as the altcoins that are looking strong at the moment. He revealed that he has eyes on these coins and is looking to actively trade them at some point. In a series of other X posts, he explained…
[ad_1] Data shows that Litecoin has seen a rapid surge in active addresses, making the asset the most used in the sector, compared to Bitcoin and Ethereum. Litecoin Has More Than Doubled Its Active Addresses This Month According to data from the on-chain analytics firm Santiment, the Daily Active Addresses have recently seen a big jump for LTC. The Daily Active Addresses here refers to an indicator that keeps track of the total number of addresses taking part in some transaction activity on the network daily. Naturally, this metric considers both senders and receivers and only counts the unique number…
[ad_1] A widely followed crypto strategist says that a deep drawdown may be in sight for a scorching-hot memecoin. Analyst Michaël van de Poppe tells his 720,500 followers on the social media platform X that Floki (FLOKI) may see a severe correction after rallying by more than 13x in just a few months. “It’s up 1,200% since the start of this run and made a liquidity sweep above the previous high. The risk of a heavy correction is higher than a continuation upward. Interested only after a 30-40% correction, but not here.” Source: Michaël van de Poppe/X A 40% correction…
[ad_1] The fusion of artificial intelligence (AI) and blockchain technology has captivated the crypto market, propelling the introduction of new tokens and their subsequent listings on prominent exchanges like Binance. Interestingly, Binance recently published an updated article exploring the synergy between blockchain and AI, underscoring the potential of combining these two technologies. Crypto analysts known as “Crypto Symbiote” confidently predict that this emerging trend and increased acceptance of AI will result in 10 AI-related tokens experiencing significant price surges, with the potential for gains ranging from 10x to an astonishing 100x. After analyzing approximately 500 similar projects, “Crypto Symbiote” handpicked the…
[ad_1] A crypto analyst has boldly predicted a significant price breakout for the XRP price, setting a target as high as $7.5 despite the cryptocurrency trading below $1 presently. While this projection may seem ambitious, if realized, it would mark new all-time highs for XRP, decisively ending the cryptocurrency’s years-long downward trend. XRP’s Roadmap To $7.5 Price Target On June 10, a crypto analyst identified as ‘Egrag Crypto’ took to X (formerly Twitter) to share his bullish projections about the XRP price. According to the analyst, XRP is poised to reach a critical target level of $7.5 before the start…
[ad_1] Recent data from CryptoQuant has revealed a bearish phase for Ethereum (ETH), as futures traders exhibit strong selling activity. The crypto community closely monitors these developments, especially with Ethereum struggling to hold above the $3,500 mark, adding tension to an already volatile market. Related Reading Ethereum Market Sentiments And Technical Indicators Data from CryptoQuant has shed light on the current market conditions for Ethereum, suggesting a potential continuation of the current downtrend. The analysis focuses on the ‘Taker Buy Sell Ratio,’ a key indicator of market sentiment in the futures arena. This metric assesses the balance of buying versus…
[ad_1] Cryptocurrencies plunged deeper into correction territory on Tuesday, with bitcoin (BTC) dropping to nearly $66,000. This comes as traders brace for Wednesday’s key U.S. inflation report and Federal Reserve meeting. Bitcoin (BTC) started the day trading around $70,000 but fell to a three-week low of $66,170 during the U.S. session. It slightly rebounded to approximately $66,500 but remained down nearly 5% over the past 24 hours. Altcoins experienced even steeper declines, with the CoinDesk 20 Index dropping over 6%, and all twenty constituents in the red. Ethereum’s ether (ETH) fell below $3,500, down 6.5%, while solana (SOL), dogecoin (DOGE),…