Author: admin
Bitcoin is stable when writing, falling below $60,000 after the encouraging expansion in the second half of last week. The path of least resistance in the short-term is northward since, despite weakness, prices are inside the bullish engulfing bar of September 13. Is The Bitcoin Bottom In? As prices retrace, on-chain data points to strength and the possibility of the world’s most valuable coin printing out a bottom. Taking to X, one analyst, citing on-chain data from CryptoQuant, notes that the Mayer Multiple, a tool used for gauging market sentiment, is falling. Specifically, the analyst observes that the Mayer Multiple…
Ethereum is wavy when writing as bulls struggle to build momentum and push the coin above the immediate resistance levels at around $2,400 and $2,800. Even so, most ETH holders are upbeat, expecting prices to turn around the corner and soar, even breaking above July highs of around $3,500. 61% Of ETH Holders In The Money Amid this development and the general lull, IntoTheBlock data shows that 61% of all ETH holders are in the money. That over 50% of all ETH holders are in green despite the coin shedding nearly 35% from July highs and nearly 45% from 2024…
The exploiter minted over 115 duovigintillion USDC deposit receipts but then redeemed only $2.4 million worth.
Bitcoin has climbed back to $60,000, fueled by anticipation of a Federal Reserve interest rate cut expected next week. Bitcoin’s rally comes as markets prepare for the possibility of a 25-50 basis point rate reduction, a move that many believe could further boost BTC and risk-on investments. Earlier this summer, Federal Reserve Chair Jerome Powell hinted that a rate cut could come as early as September. Speaking on June 12th, Powell noted that the central bank would consider lowering rates once they were confident inflation was moving back toward their 2% target. This week’s announcement that U.S. inflation has dropped…
The cryptocurrency world is buzzing with excitement as a new meme coin, Mpeppe (MPEPE), gains traction and threatens to outshine both Shiba Inu (SHIB) and Dogecoin (DOGE). While Shiba Inu (SHIB) and Dogecoin (DOGE) have established themselves as top-tier meme coins, crypto experts believe Mpeppe (MPEPE) could outperform them in the coming years. In this article, we dive into why Mpeppe (MPEPE) is quickly becoming the preferred meme coin for investors and why it’s poised to deliver massive gains. Shiba Inu (SHIB) and Dogecoin (DOGE) – Old Favorites Losing Momentum Shiba Inu (SHIB) and Dogecoin (DOGE) have long dominated the…
Este artículo también está disponible en español. Artificial intelligence (AI) continues to shape the cryptocurrency landscape, and two prominent contenders in this space are Artificial Superintelligence Alliance (FET) and the new AI-powered dating platform GoodEgg (GEGG). As OpenAI aims for a $150 billion valuation, AI coins like Artificial Superintelligence Alliance (FET) are rallying, but can FET keep up with the rising star, GoodEgg? Analysts predict significant gains for both projects, but only one may take the lead in the rapidly growing AI crypto market. Here’s a detailed look at how these two cryptocurrencies compare and what the future holds for…
According to market analysts, this could be the last dip buying opportunity for Bitcoin before the next leg up.
The England High Court of Justice recently ruled that Tether’s stablecoin USDT is a property. Crypto commentator GS has highlighted what this means for the stablecoin going forward, including how it could lead to increased adoption. What The UK Court Ruling Means For USDT GS mentioned in an X (formerly Twitter) post that the ruling could encourage more institutional and retail investors to adopt the stablecoin due to the reduced regulatory uncertainty. The crypto commentator noted that the ruling provides a clear legal framework for cryptocurrencies like USDT and that investors might see it as a positive sign for the…
Este artículo también está disponible en español. Once more making waves with some fascinating predictions is Shiba Inu (SHIB). Top trader Dexter has set an ambitious long-term target for the meme coin despite market volatility, expecting it may rise from $0.00001389 to $0.00015, which is almost a 1,000% increase. Related Reading SHIB is exhibiting a 1.27% growth over the previous 24 hours, and over 7% in the last week. Still, it’s not getting much traction even while the larger crypto market shows an improving trend. Dexter forecasts SHIB could rally to a long-term target of $0.00015. Analyst Krao at TradingView…
New York Congressman Ritchie Torres stated he is “more than happy” to work with the CFTC to develop a plan for regulating election betting contracts in the United States.