Dogecoin (DOGE), the reigning memecoin champion, is beginning to face stiff competition as new contenders enter the cryptocurrency space with added utility. One such competitor, Mpeppe (MPEPE), is making waves with its unique integration into the online casino industry, offering features that Dogecoin (DOGE) simply can’t match. From decentralized gaming to instant rewards, Mpeppe (MPEPE) is rapidly gaining attention as the next big thing in the memecoin universe. Let’s explore why Mpeppe (MPEPE) is outperforming DOGE and why it’s becoming the go-to token for casino gaming. Dogecoin (DOGE): The Memecoin That Started It All Dogecoin (DOGE) has long been celebrated as the original memecoin, known for its viral appeal and strong community support. With endorsements from major figures like Elon Musk, DOGE has maintained its status as the most iconic memecoin in the market. However, while Dogecoin (DOGE) has retained its popularity, it’s limited by its lack of advanced use cases beyond simple transactions. As the memecoin space evolves, newer tokens like Mpeppe (MPEPE) are emerging with enhanced utility, particularly in decentralized gambling and gaming ecosystems. This shift is drawing attention away from DOGE and towards tokens that offer more than just hype. Mpeppe (MPEPE): Revolutionizing Casino Gaming with Meme Power Unlike Dogecoin (DOGE), Mpeppe (MPEPE) goes beyond memecoin speculation by offering real-world applications within the online casino industry. Mpeppe (MPEPE) has embraced decentralized finance (De-Fi) and blockchain technology to create a transparent, secure, and seamless gambling experience. The integration of smart contracts and blockchain ensures that online gambling transactions are immutable and tamper-proof, providing players with a sense of security that is unmatched by traditional gambling platforms. For investors and players alike, Mpeppe (MPEPE) brings a new dimension to the memecoin world, blending the excitement of meme culture with the utility of blockchain-powered gaming. Decentralization Unleashed: Mpeppe (MPEPE)’s Edge Over Dogecoin One of the primary advantages Mpeppe (MPEPE) has over Dogecoin (DOGE) is its decentralized infrastructure. In online gambling, decentralization guarantees transparency and removes the need for intermediaries, delivering a more efficient and trustworthy experience for players. With decentralized ledgers, Mpeppe (MPEPE) provides unparalleled clarity in transactions, making it an attractive option for the online gambling community. While Dogecoin (DOGE) may be known for its simplicity, Mpeppe (MPEPE)’s ability to offer a decentralized gambling environment positions it as a leader in blockchain-based casino gaming, drawing both investors and gamers into its ecosystem. Smart Contracts: Revolutionizing Gameplay with Mpeppe (MPEPE) Mpeppe (MPEPE) takes online casino gaming to the next level with its use of smart contracts. These self-executing contracts allow for transparent and fair gaming agreements, ensuring that players can trust the outcomes of their bets. Smart contracts revolutionize gameplay by removing the need for third-party oversight and guaranteeing the fair execution of wagers. For Dogecoin (DOGE) investors, the lack of smart contract functionality limits its potential in decentralized applications. Mpeppe (MPEPE)’s integration of smart contracts gives it a unique edge, providing a more interactive and reliable gaming environment that DOGE simply cannot match. Conclusion: Mpeppe (MPEPE) Surpasses Dogecoin (DOGE) with Casino Utility While Dogecoin (DOGE) has undoubtedly made its mark as the original memecoin, Mpeppe (MPEPE) is stepping into the spotlight by offering real utility in the online gambling industry. With its decentralized infrastructure, immutable blockchain technology, smart contracts, and instant rewards, Mpeppe (MPEPE) provides a level of functionality that Dogecoin (DOGE) cannot match. As more players and investors recognize the potential of Mpeppe (MPEPE), it’s clear that this token is poised for long-term success in both the memecoin and casino markets. For more information on the Mpeppe (MPEPE) Presale: Visit Mpeppe (MPEPE) Join and become a community member: https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
The cryptocurrency market is known for its volatility, and Binance Coin (BNB) is no exception. Recently, Binance Coin (BNB) broke through the critical $530 support zone, leaving investors searching for safer ground. As a result, many Binance Coin (BNB) investors are now turning their attention to the promising new presale of Mpeppe (MPEPE). With its unique blend of meme culture, community-driven initiatives, and the potential for real-world impact, Mpeppe (MPEPE) is quickly becoming the go-to option for those looking to diversify and secure their investments. BNB’s Struggle: Breaking Through the $530 Support Zone Binance Coin (BNB) has long been a pillar of stability in the cryptocurrency market, but even strong assets can face challenging periods. The recent break through the $530 support zone has raised concerns among investors about the short-term prospects of BNB. While the long-term outlook for Binance Coin (BNB) remains optimistic, the current market dynamics have prompted many to explore alternative investment opportunities. Mpeppe (MPEPE): A New Hope for Crypto Investors In the midst of Binance Coin (BNB)’s struggles, Mpeppe (MPEPE) has emerged as a beacon of hope for crypto investors. Drawing inspiration from the success of Pepecoin, Mpeppe (MPEPE) is not just another memecoin—it’s a movement that aims to unite global sports enthusiasts and create real-world impact through blockchain innovation. This unique approach has captured the attention of BNB investors looking for a fresh and exciting opportunity. Mpeppe (MPEPE)’s Roots in Meme Culture: A Proven Formula for Success Mpeppe (MPEPE) is built on the foundation of meme culture, following in the footsteps of Pepecoin, which demonstrated how a simple meme could catalyze real-world change. Pepecoin’s success in fundraising for charitable initiatives and building strong community-driven projects has set a precedent for Mpeppe (MPEPE). By leveraging the viral nature of memes, Mpeppe (MPEPE) is poised to replicate this success on an even larger scale, attracting a diverse and engaged audience. Wealth Creation: The Heart of Mpeppe (MPEPE)’s Mission One of the key reasons Binance Coin (BNB) investors are flocking to the Mpeppe (MPEPE) presale is the token’s commitment to community-driven wealth creation. Mpeppe (MPEPE) aims to build a global community that goes beyond financial transactions, focusing on fostering creativity, driving positive change, and creating wealth through strategic planning. This inclusive approach resonates with investors who value not just profits, but also the opportunity to be part of something bigger. Uniting Sports Enthusiasts: Mpeppe (MPEPE)’s Unique Value Proposition At the core of Mpeppe (MPEPE)’s appeal is its mission to unite sports enthusiasts from around the world under a common banner of passion and innovation. By integrating blockchain technology with the excitement of sports fandom, Mpeppe (MPEPE) offers a unique value proposition that sets it apart from other cryptocurrencies. This focus on sports and community engagement is particularly appealing to Binance Coin (BNB) investors looking to diversify their portfolios with a project that has both cultural relevance and growth potential. Conclusion: Mpeppe (MPEPE) – A Safe Haven for BNB Investors Binance Coin (BNB) investors are exploring Mpeppe (MPEPE) as a potential investment opportunity due to the break through the $530 support zone. Mpeppe (MPEPE) offers cultural relevance, community engagement, and potential returns. As the presale continues, more Binance Coin (BNB) investors are finding shelter in Mpeppe (MPEPE), making it a popular choice for diversification and a movement that transcends traditional financial transactions. For more information on the Mpeppe (MPEPE) Presale: Visit Mpeppe (MPEPE) Join and become a community member: https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
In a surprising move, a prominent Dogecoin (DOGE) whale has split a substantial $2.6 million from their holdings to invest in the presale of the rising cryptocurrency, Mpeppe (MPEPE). As Dogecoin (DOGE) continues to face volatility in the market, whales are diversifying their portfolios by entering promising new tokens like Mpeppe (MPEPE). With its unique […]
Binance Coin (BNB) has seen a recent bearish downtrend, prompting investors to seek alternative opportunities. One of the most intriguing options gaining traction is Mpeppe (MPEPE), a casino-focused token that combines the viral nature of meme culture with the excitement of online gambling. Here’s why Binance Coin (BNB) investors are increasingly turning to Mpeppe (MPEPE) […]
Dogecoin (DOGE), the original memecoin, has experienced another price drop, sparking concern among investors. While Dogecoin (DOGE) struggles to regain its former glory, newer contenders like Mpeppe (MPEPE) and PlayDoge (PLAY) are making significant waves in the market. These new rivals are gaining attention for their unique approaches, particularly Mpeppe (MPEPE)’s integration with decentralized finance […]
As the crypto market prepares for an anticipated winter pump, three key players are emerging as must-watch assets: Shiba Inu (SHIB), Dogecoin (DOGE), and the new contender, Mpeppe (MPEPE). Each of these cryptocurrencies has carved out its niche in the memecoin space, but Mpeppe (MPEPE) is bringing something fresh to the table with its blend […]
The Ethereum layer-1 network has taken a massive hit, with revenue plummeting by 99% since March 2024. This drastic change comes on the heels of the Dencun upgrade, which significantly altered the fee structure for transactions. Related Reading: Sweet Justice: Prosecutors Seize 23.5 Bitcoin From Toblerone-Wielding Robbers While layer-1 revenue has tanked, layer-2 solutions are […]
As September approaches, Shiba Inu (SHIB) whales are positioning themselves for what could be a significant rally in the cryptocurrency market. Alongside their heavy investments in SHIB, these whales are also accumulating Mpeppe (MPEPE), an emerging memecoin that is making waves with its innovative approach and community-driven ethos. Both tokens are set for an exciting […]
Dogecoin (DOGE) whales have always been known for their strategic investments in memecoins. While Dogecoin (DOGE) continues to dominate the market, many of these high-profile investors are turning their attention to new opportunities like Mpeppe (MPEPE). Mpeppe (MPEPE), in particular, has emerged as a favored investment due to its unique integration of decentralized finance (De-Fi) and its expanding presence in the online gambling world. Here are three key reasons why Dogecoin (DOGE) whales are adding more Mpeppe (MPEPE) to their moonshot bags. Mpeppe (MPEPE)’s Integration of De-Fi Offers More Than Just Memes While Dogecoin (DOGE) has gained its popularity through community support and viral memes, Mpeppe (MPEPE) offers something much more substantial—an integration of decentralized finance (De-Fi) protocols. This means that Mpeppe (MPEPE) holders can participate in activities like yield farming, liquidity mining, and decentralized governance, adding real financial value to the token beyond its meme status. For Dogecoin (DOGE) whales who are looking for more functionality in their portfolios, Mpeppe (MPEPE)’s De-Fi features present an opportunity to generate additional income while still holding a token that embraces the playful nature of the memecoin space. By providing access to a wide range of financial services, Mpeppe (MPEPE) goes beyond the typical speculative investment. Mpeppe (MPEPE)’s Role in the Online Gambling Industry One of the standout features of Mpeppe (MPEPE) is its growing presence in the online gambling world. Cryptocurrencies have revolutionized the gambling industry by offering enhanced security, privacy, and transparency for transactions. Mpeppe (MPEPE) is at the forefront of this trend, positioning itself as a go-to token for online gambling platforms. For Dogecoin (DOGE) whales who are already familiar with the volatility and excitement of the crypto space, Mpeppe (MPEPE)’s role in the online gambling ecosystem offers an added layer of utility. The ability to use Mpeppe (MPEPE) in decentralized casinos, along with its integration into gaming and betting platforms, makes it an attractive investment for whales who see the long-term potential of the token in a booming industry. Additionally, Mpeppe (MPEPE) provides enhanced security and privacy through blockchain technology, which appeals to players seeking a discreet and secure gambling environment. The global access that cryptocurrencies like Mpeppe (MPEPE) provide further solidifies its importance in the gambling world. Cross-Border Transactions and Low-Cost Payments Dogecoin (DOGE) may be known for its fast and low-cost transactions, but Mpeppe (MPEPE) takes things a step further by facilitating cross-border payments with minimal transaction costs. The advantages of blockchain technology enable Mpeppe (MPEPE) to overcome geographical barriers, allowing users from different locations to participate in online gambling activities without the inconvenience of currency conversions or high transaction fees. For whales who hold large amounts of Dogecoin (DOGE), this feature makes Mpeppe (MPEPE) an appealing investment. With global reach and low-cost transactions, Mpeppe (MPEPE) offers seamless engagement in online gambling, making it easier for players around the world to participate in betting and gaming activities. Conclusion: Mpeppe (MPEPE) Offers More Than Just Memes for DOGE Whales Dogecoin whales are diversifying their portfolios with Mpeppe (MPEPE), a memecoin that offers a balance of utility and entertainment. Mpeppe (MPEPE) integrates De-Fi protocols, expands in online gambling, and facilitates cross-border transactions at low costs. Dogecoin (DOGE) whales see Mpeppe (MPEPE) as part of a growing movement that blends blockchain innovation with crypto excitement. Mpeppe (MPEPE) is a worthy rival to Dogecoin in yield farming, liquidity mining, and online gambling. For more information on the Mpeppe (MPEPE) Presale: Visit Mpeppe (MPEPE) Join and become a community member: https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
Dogecoin (DOGE) has long been a favorite in the memecoin space, especially with the support of high-profile figures like Elon Musk. As DOGE aims to hit the $0.13 mark, a new contender is gaining traction—Mpeppe (MPEPE). Mpeppe (MPEPE) is quickly rising as a rival to Dogecoin (DOGE), bringing decentralized finance (De-Fi) into the world of memecoins. But what is Mpeppe (MPEPE), and how does it compare to the iconic Dogecoin (DOGE)? Let’s explore how these two cryptocurrencies stack up. Dogecoin (DOGE) Eyes $0.13: The Influence of Elon Musk Dogecoin (DOGE) has experienced wild price swings, but its loyal following remains strong. With Elon Musk’s constant tweets and references to DOGE, the cryptocurrency has cemented itself as the original memecoin. Recently, DOGE has been targeting the $0.13 mark, buoyed by renewed interest and support from its community. The meme-based token continues to thrive as it leverages its viral appeal. However, while Dogecoin (DOGE)’s success is undeniable, the market for memecoins is evolving, and new challengers are emerging. One such contender is Mpeppe (MPEPE), which is making waves by introducing decentralized finance (De-Fi) elements into the meme token ecosystem. Mpeppe (MPEPE): A New Contender with DeFi Power Unlike Dogecoin (DOGE), which relies heavily on its community and viral nature, Mpeppe (MPEPE) is taking a different approach by integrating decentralized finance (DeFi) into its ecosystem. Mpeppe (MPEPE) introduces features like yield farming, liquidity mining, and decentralized governance, giving its community members more ways to earn and engage with the token. By leveraging DeFi protocols, Mpeppe (MPEPE) adds utility to the typical memecoin structure, allowing holders to stake their tokens and participate in governance decisions, all while earning rewards. This level of utility makes Mpeppe (MPEPE) an attractive alternative to Dogecoin (DOGE), particularly for investors looking for more than just price speculation. Decentralized Governance: Empowering the Mpeppe (MPEPE) Community Decentralized governance is another significant aspect of Mpeppe (MPEPE). Unlike Dogecoin (DOGE), where decisions are made by a small team of developers and influencers like Elon Musk, Mpeppe (MPEPE)’s community has a say in the direction of the project. Token holders can vote on proposals and contribute to the development of the Mpeppe (MPEPE) ecosystem, creating a more inclusive and decentralized structure. This sense of ownership and involvement gives Mpeppe (MPEPE) a distinct advantage over Dogecoin (DOGE), particularly among investors who prioritize decentralized platforms and governance models. The Viral Nature of Memecoins: Mpeppe (MPEPE) and Dogecoin Compared Dogecoin (DOGE) and Mpeppe (MPEPE) are both popular for their viral internet culture, attracting mainstream attention through memes and celebrity endorsements. Mpeppe (MPEPE), on the other hand, blends meme culture with blockchain innovation and decentralized finance, attracting a broader audience beyond crypto enthusiasts interested in entertainment and financial growth. Conclusion: Dogecoin Targets $0.13, But Mpeppe (MPEPE) is on the Rise Dogecoin (DOGE) is aiming for $0.13 with its community and Elon Musk’s endorsements, while Mpeppe (MPEPE) is gaining momentum in the memecoin space. Mpeppe (MPEPE) integrates decentralized finance and community-driven wealth creation, offering a unique value proposition for investors. As both Dogecoin (DOGE) and Mpeppe (MPEPE) grow, competition is expected, offering exciting possibilities for the future of memecoins. For more information on the Mpeppe (MPEPE) Presale: Visit Mpeppe (MPEPE) Join and become a community member: https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
Shiba Inu (SHIB) investors are taking notice of emerging rivals that offer new opportunities for growth and innovation. One such contender is Mpeppe (MPEPE), a memecoin that blends sports passion, blockchain innovation, and meme culture. With its presale gaining traction, Mpeppe (MPEPE) has found its way onto the watchlist of SHIB investors who are always on the lookout for promising new tokens. Here’s what to expect as Shiba Inu (SHIB) investors start paying close attention to Mpeppe (MPEPE). Mpeppe (MPEPE): A New Contender in the Memecoin Arena Shiba Inu (SHIB) has long dominated the memecoin space, but Mpeppe (MPEPE) is quickly emerging as a serious competitor. At its core, Mpeppe (MPEPE) represents a fusion of sports fandom and blockchain technology, creating a unique proposition in the crowded world of memecoins. By blending the viral nature of memes with a passion for global sports, Mpeppe (MPEPE) is carving out a niche that appeals to both cryptocurrency enthusiasts and sports fans alike. For Shiba Inu (SHIB) investors, Mpeppe (MPEPE) offers a fresh perspective and a new opportunity to get involved in a project that has the potential to unite communities and build wealth through shared interests. Mpeppe (MPEPE)’s Vision: Merging Sports, Crypto, and Community Wealth Creation One of the key aspects that sets Mpeppe (MPEPE) apart from Shiba Inu (SHIB) and other memecoins is its long-term vision. Mpeppe (MPEPE) isn’t just about creating viral buzz—it’s about building a community that is passionate about soccer, cryptocurrency, and the power of memes. Through strategic community planning, Mpeppe (MPEPE) aims to create wealth for its users while driving positive change in the real world. This vision resonates with Shiba Inu (SHIB) investors, who have seen the power of community-driven tokens like Shiba Inu (SHIB) and are looking for the next project that can offer both fun and financial rewards. Mpeppe (MPEPE) Presale Gains Attention Among SHIB Investors Mpeppe (MPEPE)’s ongoing presale is attracting attention from Shiba Inu (SHIB) investors, who are keen to add Mpeppe (MPEPE) to their portfolio of memecoin rivals. The presale offers a unique opportunity to get in early on a project that is still in its infancy but has the potential for explosive growth. With a focus on building a global community of sports and crypto enthusiasts, Mpeppe (MPEPE)’s presale has become a talking point for those looking to diversify their holdings beyond Shiba Inu (SHIB). The low entry price and promising roadmap of Mpeppe (MPEPE) make it an attractive option for Shiba Inu (SHIB) investors who want to capitalize on the next big thing in the memecoin space. Mpeppe (MPEPE): The Future of Soccer and Cryptocurrency Mpeppe (MPEPE) is a cryptocurrency that combines Pepecoin’s success with soccer, aiming to unite sports enthusiasts through blockchain innovation and meme culture. The token’s focus on sports could give it a unique edge in adoption and community engagement, with investors like Shiba Inu (SHIB) closely monitoring its developments. Conclusion: Mpeppe (MPEPE) on the Radar of Shiba Inu Investors Shiba Inu (SHIB) investors are diversifying their portfolios in the memecoin market, with Mpeppe (MPEPE) emerging as a popular token. Mpeppe (MPEPE) combines sports, blockchain innovation, and meme culture, and its presale is attracting attention. Shiba Inu (SHIB) investors should add Mpeppe (MPEPE) to their watchlist for an exciting September rally. For more information on the Mpeppe (MPEPE) Presale: Visit Mpeppe (MPEPE) Join and become a community member: https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
California’s Senate passed Assembly Bill 1836, prohibiting unauthorized AI-generated replicas of deceased personalities without prior consent to protect performers’ rights and likenesses.
The Tokyo-based startup raised $100 million in a Series A funding round led by New Enterprise Associates, Khosla Ventures and Lux Capital, with participation from Nvidia.
Index stumbles 2.1% with Polygon leading declines, while Uniswap and Litecoin remain in green.
The next bail hearing has been scheduled for Oct. 9.
Explore the risks of centralization in cloud computing and AI and discover how decentralized models are changing the landscape for innovation and independence.
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Zurich Cantonal Bank will take on the function of securely storing the private keys for its customers, according to exec Alexandra Scriba.
Liquidity fragmentation, while challenging, is an inevitable step towards achieving greater scalability and utility in Bitcoin's ecosystem.
The post Liquidity fragmentation on Bitcoin is a necessary issue to reach scalability – Neon EVM exec appeared first on Crypto Briefing.
A change in the regime could result in lower taxes for some crypto investors.
Trump and his family’s crypto ventures continue to expand as they aim to attract voters through supporting digital assets.
VPN providers agree that tracking individuals accessing X via VPNs in Brazil would be challenging but not impossible.
The hope of crypto enthusiasts weary of industry pushback from Sen. Elizabeth Warren (D-Mass.) remains alive after the crypto sector's top candidate, lawyer John Deaton, won the Republican primary in Massachusetts and a chance to face Warren in the general election.
In a recent essay titled “Boom Times … Delayed,” Arthur Hayes, co-founder and former CEO of BitMEX, delves into why impending Federal Reserve rate cuts may not initially rejuvenate the crypto markets as many investors hope. Published on Substack, Hayes presents a detailed analysis interwoven with his perspective on broader economic policies and their implications on asset prices, including Bitcoin and cryptocurrencies. A New Paradigm Hayes starts by challenging the typical investor crypto reflex to “buy the fucking dip” (BTFD) in response to rate cuts—a behavior ingrained from past experiences during periods of subdued inflation in the US. He recalls times when the US Federal Reserve aggressively counteracted deflation threats with massive liquidity injections, benefiting asset holders significantly. However, Hayes argues that the current economic climate, shaped heavily by post-COVID fiscal policies and resulting inflation, alters the effectiveness of such monetary interventions. Related Reading: Solana (SOL) Is ‘Truly In Limbo’ If This Happens, Warns Crypto Analyst “The effects of global fiscal policies to fight the COVID pandemic ended an era of deflation and ushered in an era of inflation,” Hayes states, emphasizing the delayed recognition of these inflationary impacts by central banks, which led to reactionary rather than preventative measures. Focusing on the US Treasury market, Hayes points out its pivotal role due to the dollar’s status as the global reserve currency. He notes that even with the Fed’s aggressive rate hikes, the bond market has shown a belief in the central bank’s commitment to controlling inflation, as evidenced by the containment of the 10-year US Treasury yield below 4% during significant inflationary periods. However, a turning point came during the Federal Reserve’s August meeting at Jackson Hole, where Chair Jerome Powell hinted at a rate cut, introducing uncertainty into the markets. Hayes critiques the continued high government spending, which he views as a political strategy rather than fiscal prudence, influencing inflation and consequently the Fed’s policy decisions. “The primary driver of inflation that the Fed sought to quell, government spending, was left unchecked, leading the market to do the Fed’s job for it,” Hayes explains, referencing the swift rise in the 10-year Treasury yield following Powell’s announcement. This reaction underscores his argument that while the Fed may cut rates, the bond market will continue to react dynamically to underlying economic factors. Bitcoin And Crypto Are Short-Term Bearish Hayes points out Bitcoin’s extreme sensitivity to dollar liquidity conditions. “I believe Bitcoin is the most sensitive instrument that tracks dollar fiat liquidity conditions. As soon as the RRP started rising to the tune of ~$120bn, Bitcoin swooned. A rising RRP sterilizes money as it sits inert on the Fed’s balance sheet, unable to be re-leveraged within the global financial system,” Hayes notes. Related Reading: Crypto Market Update: Expert Anticipates Bull Run After Choppy August, Here’s Why He suggests a direct correlation between Federal Reserve policies, dollar liquidity conditions, and the Bitcoin price. He further predicts that if the Fed doesn’t cut rates before their September meeting, the rising balances in the Fed’s Reverse Repo Program (RRP) could see the Bitcoin price either stabilize or potentially decline further towards $50,000. “Assuming the Fed doesn’t cut rates before the September meeting, I expect T-bill yields to stay firmly below those of the RRP. As such, RRP balances should continue to rise, and Bitcoin, at best, will chop around these levels and, at worst, slowly leak lower towards $50,000. Let’s see how the cookie crumbles. My shift in opinion keeps my hand hovering over the Buy button. I am not selling crypto because I am short-term bearish,” Hayes explains. Despite this, Hayes remains optimistic about the long-term prospects of Bitcoin and cryptocurrencies, particularly in response to policy shifts that might stimulate liquidity. Hayes speculates that US Treasury Secretary Janet Yellen will stimulate financial markets ahead of the US presidential election. He states, “Obviously, Bad Gurl Yellen will only stop once she has done everything possible to ensure Kamala Harris is elected as the US President.” Hayes predicts that Yellen might deplete the Treasury General Account (TGA) to prompt a favorable market reaction and instruct Federal Reserve chair Jerome Powell to cease quantitative tightening (QT) and restart quantitative easing (QE). “All these monetary machinations are positive for risk assets, especially Bitcoin. The magnitude of the money supply injections must be large enough to counteract the rising RRP balance, assuming the Fed continues cutting rates. If this scenario occurs, I expect intervention to begin in late September. Between now and then, Bitcoin will, at best, continue to chop, and altcoins could dive deeper into the gutter,” Hayes predicts. He concludes his analysis noting a shift in his expectations for a bull market. Originally anticipating a resurgence in September, he now foresees a more turbulent period for Bitcoin and cryptocurrencies but remains steadfast in his long-term strategy. “I’m still long as fuck in an unlevered fashion. The only additions to my portfolio will be increasing position sizes in solid shitcoin projects at deeper and deeper discounts to my perception of fair value,” he declares. At press time, BTC traded at $56,615. Featured image from YouTube, chart from TradingView.com
Euler v2's modular design and enhanced lending capabilities could significantly streamline DeFi lending, fostering greater innovation and efficiency.
The post Euler v2 goes live, introduces modular design and enhanced lending capabilities appeared first on Crypto Briefing.
Gen Digital’s Siggi Stefnisson warned users that scammers are adept at using what is already on their target’s minds, including love, financial security and elections.
With the cryptocurrency market losing its status of $2 Trillion, top tokens have failed to hold the values above their crucial support zones. Following this, limelight categories have dropped significantly over the past few days. However, the ongoing market turmoil can turn out to be an excellent opportunity for top altcoins to outperform major cryptocurrencies …
Despite positive news about potential interest rate cuts in the U.S., Bitcoin (BTC) and Ethereum (ETH) have seen their prices tumble, with other major cryptocurrencies like Solana (SOL), XRP, and various meme coins have also been affected. As the market continues to plummet, several key factors have been identified as the main drivers behind this …
As the month of September begins, there needs no reminder of the usual struggle associated with it. September has almost always designated a negative period for the cryptocurrency market. Normally, however, Q4 turns out to be profitable. However, with Bitcoin tumbling below $57000, the sentiment has already turned negative. Nevertheless, looking ahead towards Korea Blockchain …
As expected, the Korea Blockchain Week has brought out information about some sensational developments likely to hit the cryptocurrency market in the coming months. During a conversation with media outlets at the event, Ripple CEO Brad Garlinghouse announced his organization’s plan to launch a U.S. dollar-pegged stablecoin, named Ripple USD (RLUSD). Read on to know …