The AMOS stealer targeting Mac users can now clone Ledger Live software and may soon clone other wallet apps, warns cybersecurity firm Moonlock.
In a surprising turn of events, Render (RNDR) has seen its trading volume skyrocket by 41% over the past week. This surge comes as investors flock to capitalize on the latest Initial Coin Offering (ICO) for Mpeppe (MPEPE), currently priced at $0.001777. As Render (RNDR) continues to assert itself as a leader in the decentralized rendering space, savvy traders are diversifying their portfolios by including Mpeppe (MPEPE), which has shown promising potential for exponential growth. Render (RNDR) Continues to Lead in the Market Render (RNDR), known for its innovative approach to decentralized rendering services, has been on an upward trajectory, with its trading volume reflecting growing investor confidence. The token’s unique value proposition—providing GPU-based rendering power to the masses—has positioned Render (RNDR) as a key player in the crypto market, particularly in sectors such as gaming, AI, and virtual reality. As the demand for Render (RNDR) continues to rise, it’s clear that the project’s utility and real-world applications are driving its success. The recent 41% increase in trading volume is a testament to the community’s belief in Render (RNDR) and its long-term potential. Mpeppe (MPEPE) Emerges as the New Contender While Render (RNDR) garners attention for its established presence, Mpeppe (MPEPE) is quickly gaining momentum as a promising new ICO. Priced at just $0.001777, Mpeppe (MPEPE) offers an attractive entry point for investors looking to diversify their portfolios. The token, built on the Ethereum blockchain, is designed to capture the viral essence of meme culture while integrating seamlessly with decentralized finance (DeFi) and online gambling platforms. Mpeppe’s (MPEPE) presale has already raised significant funds, with 77.48% of the tokens sold. This strong performance has caught the eye of Render (RNDR) investors, who are now making strategic moves to include Mpeppe (MPEPE) in their holdings, anticipating the potential for substantial returns. The Strategic Move for Investors The decision by Render (RNDR) investors to shift some of their focus to Mpeppe (MPEPE) is not just about diversification—it’s about maximizing potential gains in a dynamic market. Render (RNDR) has already proven its worth, but as with any seasoned investor, the search for the next big opportunity is always on. Mpeppe (MPEPE), with its low entry price and viral marketing potential, presents an enticing opportunity. By integrating with the Ethereum blockchain, Mpeppe (MPEPE) ensures compatibility with a wide range of wallets and smart contracts, paving the way for widespread adoption. The tokenomics of Mpeppe (MPEPE) are also designed to drive scarcity, with any unsold tokens during the presale phase being burnt, further increasing the token’s value over time. How Render (RNDR) and Mpeppe (MPEPE) Complement Each Other For investors in Render (RNDR), adding Mpeppe (MPEPE) to their portfolio is a strategic move that leverages the strengths of both assets. While Render (RNDR) offers utility in the growing fields of AI and decentralized rendering, Mpeppe (MPEPE) taps into the viral power of meme culture and the lucrative world of online gambling. This combination allows investors to benefit from the stability and growth potential of Render (RNDR), while also positioning themselves to capture the explosive gains that could come from Mpeppe (MPEPE) as it gains traction in the market. The Future Looks Bright As the crypto market continues to evolve, those who can identify and capitalize on emerging opportunities stand to gain the most. The recent surge in Render (RNDR)’s trading volume is a clear indicator that the market is bullish on its future. At the same time, the growing interest in Mpeppe (MPEPE) suggests that this new ICO is poised to make significant waves. Investors who are currently holding Render (RNDR) and are looking to diversify should consider the potential of Mpeppe (MPEPE). With its low entry price and strong presale performance, Mpeppe (MPEPE) could be the next big thing in the crypto world, offering the chance for 100x returns as the token gains visibility and adoption. In conclusion, as Render (RNDR) continues to lead in the market with its innovative approach to decentralized services, Mpeppe (MPEPE) offers a fresh and exciting opportunity for those looking to boost their crypto portfolios. With both assets showing strong potential, savvy investors are positioning themselves for what could be significant gains in the months to come. 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
As we approach September, the cryptocurrency market is showing signs of a potential breakout, with several altcoins poised for significant gains. Among them, Internet Computer (ICP), Render (RENDER), and Mpeppe (MPEPE) stand out as top contenders for bullish momentum. Let’s explore why these three cryptocurrencies should be on your radar heading into the final quarter of 2024. Render (RENDER): A Rebound in the Making Render (RENDER) has been one of the most talked-about altcoins in recent months, and for good reason. After suffering a significant correction of more than 70% since May 2024, Render (RENDER) is now showing signs of recovery. The token, which powers a decentralized GPU rendering network, is nearing a potential breakout as it approaches critical resistance levels. According to recent analysis, Render (RENDER) is battling horizontal resistance and nearing a downward trend line. A successful breakout could see the price targeting key Fibonacci levels at $9.93 and $11.70, which would represent substantial gains from its current levels. With the Stochastic RSI indicating a shift in momentum, the stage is set for Render (RENDER) to lead the next wave of altcoin rallies. Render’s (RNDR) recovery is not just technical; it’s also driven by the growing demand for GPU services in the AI and digital rendering sectors. As these industries expand, Render (RENDER) is uniquely positioned to capitalize on the increasing need for decentralized computing power, making it a solid investment as we move into September. Internet Computer (ICP): The Long-Term Vision Internet Computer (ICP) has always been a project with grand ambitions—redefining the internet by enabling decentralized applications and services to run directly on the web. While Internet Computer (ICP) has had its ups and downs since its launch, it remains one of the most innovative projects in the blockchain space. ICP’s focus on creating a decentralized web is becoming increasingly relevant as concerns about data privacy, centralization, and security grow. With the continued development of its ecosystem and the launch of new dApps, Internet Computer (ICP) is gaining traction among developers and users alike. As the market looks for projects with long-term potential, ICP’s vision of a decentralized internet could make it a standout performer in the coming months. Moreover, Internet Computer (ICP) has shown resilience during market corrections, holding key support levels while gradually building momentum. As we head into September, ICP’s potential for growth, combined with its solid fundamentals, makes it a cryptocurrency to watch closely. Mpeppe (MPEPE): The Meme Coin with Massive Potential While Internet Computer (ICP) and Render (RENDER) are solid projects with long-term visions, Mpeppe (MPEPE) brings a different flavor to the table, a mix of meme culture and decentralized finance (De-Fi) with a dash of online gambling excitement. MPEPE is an ERC20 token built on the Ethereum blockchain, and it’s currently in the midst of a successful presale, having raised over $1.2 million. Mpeppe (MPEPE) is more than just a meme coin; it’s a comprehensive ecosystem that integrates De-Fi elements and online gambling features. The token is strategically positioned to capture the attention of both seasoned investors and newcomers, offering a unique combination of humor, community engagement, and financial incentives. One of the key attractions of Mpeppe (MPEPE) is its current presale stage, where the token is priced at 0.001777 USDT. With 77.48% of the tokens already sold, the presale is nearing completion, and the next stage will see the price increase to 0.0021 USDT. Early investors are not only getting in at a low price but are also eligible for a 20% bonus with the promo code “MPEPE20,” further sweetening the deal. The tokenomics of Mpeppe (MPEPE) are designed to drive scarcity and demand, with a total supply of 7.6 billion tokens and plans to burn unsold tokens post-presale. This, combined with the growing interest in meme coins and the potential for viral marketing, makes Mpeppe (MPEPE) a compelling investment as we move into September. Why These Three Cryptocurrencies Are a Must for September The cryptocurrency market is gearing up for a potential breakout, and Internet Computer (ICP), Render, and Mpeppe (MPEPE) are three projects that stand out for different reasons. ICP’s long-term vision of a decentralized internet, Render’s recovery and growth in the digital rendering space, and MPEPE’s unique blend of meme culture and De-Fi make them top contenders for bullish momentum. As we head into September, diversifying your portfolio with these three cryptocurrencies could position you for significant gains. Whether you’re looking for solid long-term investments or high-risk, high-reward opportunities, Internet Computer (ICP), Render (RENDER), and Mpeppe (MPEPE) offer a mix of stability and potential that’s hard to ignore. With the crypto market on the verge of a major breakout, now is the time to be bullish on ICP, Render (RENDER), and Mpeppe (MPEPE). Whether you’re a seasoned investor or just getting started, these three projects provide a unique opportunity to capitalize on the next wave of growth in the crypto space. 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
AAVE's tokenomics upgrade could significantly enhance its market position, reduce risks for holders, and boost long-term value.
The post AAVE soars 50% as tokenomics upgrade nears appeared first on Crypto Briefing.
Playdoge (PLAY) and Mpeppe (MPEPE) are poised to offer substantial returns, thanks to their unique propositions, strong community backing, and innovative use cases. Here’s how these two emerging tokens can boost your crypto portfolio. Playdoge (PLAY): Nostalgia Meets Innovation Playdoge (PLAY) has quickly gained traction among crypto enthusiasts, particularly those with a penchant for nostalgia. Combining the beloved Doge meme with the classic Tamagotchi experience, Playdoge (PLAY) offers a Play-to-Earn (P2E) game where players care for their virtual Doge pets, earning PLAY tokens along the way. This innovative approach has not only rekindled fond memories for many but also created a lucrative opportunity for new and experienced investors alike. The Playdoge (PLAY) ecosystem is designed to reward engagement. The more players interact with their Doge pets, the more tokens they earn. This simple yet effective mechanism has already garnered a dedicated community, pushing the token’s presale to raise over $6 million. With the presale ending in just three days, now is the time to get in on the action before PLAY is listed on major exchanges. But Playdoge (PLAY) is more than just a game. It also offers a robust staking feature that allows investors to earn additional tokens by locking their PLAY holdings. The current Annual Percentage Yield (APY) for staking is an impressive 74%, making it an attractive option for those looking to generate passive income. With over 250 million PLAY tokens already staked, the demand and value of the token are expected to rise significantly upon its exchange launch. Mpeppe (MPEPE): The Meme Coin Revolution in Online Gambling While Playdoge (PLAY) taps into the power of nostalgia, Mpeppe (MPEPE) is making waves in the online gambling space. Mpeppe is an ERC20 token built on the Ethereum blockchain, designed to be fully compatible with a wide range of cryptocurrency wallets and smart contracts. This ensures that Mpeppe (MPEPE) can be seamlessly integrated into various platforms, enhancing its potential for widespread adoption. One of the most exciting aspects of Mpeppe (MPEPE) is its focus on the rapidly growing online gambling industry. By integrating decentralized finance (De-Fi) features, Mpeppe (MPEPE) offers a unique and thrilling experience for gamblers and crypto enthusiasts alike. The token’s use in online casinos not only provides enhanced security and privacy but also allows for faster, more cost-effective transactions compared to traditional payment methods. Mpeppe (MPEPE) is currently priced at just 0.001777 USDT, making it an accessible investment for those looking to enter the crypto market without a significant upfront cost. The token has already raised over $1.2 million in its presale, with 77.48% of the current stage’s tokens sold. With the next stage set to increase the price to 0.0021 USDT, early investors stand to benefit from significant gains. Moreover, Mpeppe’s community-driven approach, inspired by the success of meme coins like Shiba Inu and PepeCoin, adds an element of fun and engagement to the investment. The token’s viral marketing potential, combined with its application in online gambling, positions Mpeppe (MPEPE) as a strong contender in the meme coin space. Why Playdoge and Mpeppe Should Be on Your Radar Both Playdoge (PLAY) and Mpeppe (MPEPE) offer unique opportunities that set them apart from the myriad of new tokens entering the market. Here’s why these two should be on your investment radar: High Growth Potential: Both tokens are in the early stages of their presales, offering low entry prices with the potential for significant returns as they gain traction and are listed on exchanges. Strong Community Engagement: Playdoge (PLAY) and Mpeppe (MPEPE) have built dedicated communities around their respective projects, leveraging the power of nostalgia, meme culture, and innovative use cases to attract and retain investors. Innovative Use Cases: Playdoge’s Play-to-Earn model and Mpeppe’s integration into online gambling platforms provide practical applications that enhance the value and appeal of each token. Staking and De-Fi Integration: The staking feature in Playdoge (PLAY) and the De-Fi elements in Mpeppe (MPEPE) add additional layers of profitability, making them attractive for long-term holding. Limited Supply and Scarcity: Both tokens have mechanisms in place to limit their supply, such as burning unsold Mpeppe tokens, which could drive up demand and value as more investors enter the market. Conclusion: A Strategic Addition to Your Portfolio As the cryptocurrency market continues to evolve, investors must stay ahead of the curve by identifying and capitalizing on emerging opportunities. Playdoge (PLAY) and Mpeppe (MPEPE) are two such opportunities, offering unique value propositions that cater to different segments of the market. Whether you’re drawn to the nostalgic appeal of Playdoge (PLAY) or the innovative use of Mpeppe in online gambling, these tokens present promising additions to any crypto portfolio. With the presales for both tokens nearing their end, now is the time to act. By investing in Playdoge (PLAY) and Mpeppe, you’re not just diversifying your portfolio you’re positioning yourself for potential exponential gains in the rapidly expanding world of cryptocurrency. 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 the fast-paced world of cryptocurrency, where opportunities for massive returns are both tantalizing and elusive, two Initial Coin Offerings (ICOs) have managed to capture the attention and wallets of crypto whales. These whales, known for their strategic investments and ability to influence market trends, have recently turned their focus to Playdoge (PLAY) and Mpeppe (MPEPE). Both of these projects offer unique value propositions that have not only piqued interest but also set the stage for potential exponential gains. Playdoge (PLAY): The Nostalgic Game-Changer Playdoge (PLAY) has quickly become a hot topic among investors, especially as its ICO nears its conclusion. With only three days left before its listing on major cryptocurrency exchanges, the project has already raised over 6 million in its presale, signaling strong investor confidence and anticipation for what’s to come. One of the key reasons behind the success of Playdoge (PLAY) is its Play-to-Earn (P2E) game, which has tapped into the nostalgia of the 90s by introducing a Tamagotchi-inspired Doge. Players take care of their virtual Doge pets, embarking on adventures and earning PLAY tokens as rewards. This fusion of gaming and cryptocurrency has proven to be a compelling proposition, especially for a generation that grew up with Tamagotchis and now seeks to combine that nostalgia with modern digital assets. In addition to its engaging game, Playdoge (PLAY) offers a staking function that further enhances its appeal. Investors who stake their PLAY tokens for at least a week after the trading launch can earn additional tokens as rewards, with the current Annual Percentage Yield (APY) standing at an impressive 74%. This staking mechanism has already locked over 250 million PLAY tokens in the pool, reducing the available supply at launch and potentially driving up the token’s price. With analysts predicting a possible 10x increase in value post-launch, it’s no wonder that Playdoge (PLAY) has become a magnet for crypto whales. Mpeppe (MPEPE): The New Gambling Powerhouse While Playdoge (PLAY) is grabbing headlines for its nostalgic appeal and staking rewards, Mpeppe (MPEPE) is carving out its niche as a leading gambling token with immense growth potential. Currently priced at 0.001777, Mpeppe (MPEPE) is still in the early stages of its presale but has already raised over 1.2 million, indicating strong early support. Mpeppe (MPEPE) is built on the Ethereum blockchain as an ERC20 token, making it highly compatible with a wide range of wallets and smart contracts. This compatibility, combined with its focus on decentralized finance (De-Fi) and online gambling, positions Mpeppe (MPEPE) as a versatile and valuable asset in any crypto portfolio. One of the standout features of Mpeppe (MPEPE) is its integration with online gambling platforms. By leveraging De-Fi protocols, Mpeppe (MPEPE) enables seamless transactions and rewards within the gambling ecosystem, offering users an exciting and profitable experience. The token’s focus on viral marketing and community engagement, inspired by the success of other meme coins like Shiba Inu and PepeCoin, adds another layer of appeal, particularly for a younger, tech-savvy demographic. Mpeppe (MPEPE) also offers significant potential for price appreciation, driven by its limited supply and strategic tokenomics. With 50% of the total supply allocated to the presale and unsold tokens set to be burned, the scarcity of Mpeppe (MPEPE) could drive up demand and value as the project gains traction. Why Crypto Whales Are Hooked Crypto whales are drawn to both Playdoge (PLAY) and Mpeppe (MPEPE) for several reasons: High Potential for Exponential Gains: Both projects are in their early stages, offering low entry prices and the potential for massive returns as they reach the broader market. Strong Community Engagement: Playdoge (PLAY) and Mpeppe (MPEPE) have successfully built strong communities around their projects, leveraging nostalgia, viral marketing, and innovative use cases to attract a diverse and engaged audience. Strategic Use of De-Fi and Staking: The staking rewards offered by Playdoge (PLAY) and the De-Fi integration of Mpeppe (MPEPE) provide additional incentives for long-term holding, making these tokens attractive for both short-term gains and long-term investment. Limited Supply and Burning Mechanisms: The burning of unsold Mpeppe (MPEPE) tokens and the locked supply in the Playdoge (PLAY) staking pool create scarcity, which can drive up prices as demand increases. Conclusion: The Next Big Thing in Crypto? As the ICOs for Playdoge (PLAY) and Mpeppe (MPEPE) draw to a close, it’s clear that both projects have struck a chord with crypto whales looking to maximize their gains. With their unique value propositions, strong community support, and strategic use of De-Fi, these tokens are well-positioned to become major players in the cryptocurrency market. For investors, the decision to participate in these ICOs could be a game-changer, offering the potential for significant returns as these projects continue to develop and attract more attention. Whether you’re drawn to the nostalgic appeal of Playdoge (PLAY) or the gambling focus of Mpeppe (MPEPE), these tokens represent some of the most exciting opportunities in the current crypto landscape. 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
As the meme coin market continues to evolve, investors are always on the lookout for the next big opportunity. Recently, Base Dawgz (DAWGZ) has captured significant attention, particularly due to its impressive presale performance, which has now exceeded $3 million. However, despite the excitement surrounding Base Dawgz, a growing number of its holders are beginning to shift their focus to a new and promising rival meme coin currently priced at just $0.001777, known as Mpeppe (MPEPE). This strategic migration reflects the dynamic nature of the crypto market, where savvy investors are always looking to maximize their potential returns. Base Dawgz (DAWGZ): A Rising Star on the Base Blockchain Base Dawgz (DAWGZ) is a meme coin that has made a strong entry into the crypto market, particularly within the Base blockchain ecosystem. The Base blockchain, a Layer-2 solution developed by Coinbase, has quickly gained traction due to its fast and low-cost transactions. This robust technical foundation has provided Base Dawgz with a significant advantage over many other meme coins, allowing it to stand out in an increasingly saturated market. The creative design of Base Dawgz, featuring a Shiba Inu mascot in parachute gear, has resonated well with the community. Inspired by the adventurous spirit of “Top Gun,” the project aims to blend fun with solid technological underpinnings. This approach, combined with high staking rewards and innovative features like the Refer-2-Earn program, has attracted a considerable number of investors. Despite its success, some Base Dawgz (DAWGZ) holders are beginning to diversify their portfolios by investing in Mpeppe (MPEPE), a new meme coin that offers a different set of opportunities and potentially higher returns. Why Base Dawgz (DAWGZ) Holders Are Migrating to Mpeppe (MPEPE) The decision to migrate from Base Dawgz (DAWGZ) to Mpeppe (MPEPE), currently priced at $0.001777, is driven by several factors: Potential for Higher Returns: While Base Dawgz (DAWGZ) has shown impressive growth, Mpeppe’s low entry price presents an opportunity for exponential gains. Early investors in Mpeppe (MPEPE) stand to benefit significantly if the coin gains traction in the market, with the potential for massive returns that rival even the best-performing meme coins. Presale Bonus Incentives: Mpeppe (MPEPE) is currently in its presale stage, offering attractive bonus structures for early participants. These bonuses provide additional tokens at no extra cost, making it a highly appealing option for those looking to maximize their initial investment. This strategic approach not only fuels the early adoption of Mpeppe but also positions it as a strong competitor in the meme coin space. Diversification of Investments: For many Base Dawgz (DAWGZ) holders, diversifying their crypto portfolios is a key strategy to mitigate risk. By investing in Mpeppe (MPEPE), they can spread their risk across multiple assets, increasing their chances of capturing substantial returns from different market segments. Innovative Features and Utility: Mpeppe (MPEPE) offers unique features and utility that differentiate it from Base Dawgz (DAWGZ). This includes multi-chain interoperability, allowing it to operate across various blockchains like Ethereum, Solana, and Binance Smart Chain. This flexibility increases its market reach and liquidity, making Mpeppe an attractive investment option for those looking to tap into multiple blockchain ecosystems. Early Adoption Advantage: Similar to the early stages of Base Dawgz (DAWGZ), Mpeppe (MPEPE) is still in its initial phases, offering early adopters the chance to get in on the ground floor. As with any cryptocurrency, early adoption often comes with significant rewards as the project grows and gains popularity. The Future of Base Dawgz (DAWGZ) and Mpeppe (MPEPE) While some investors are migrating to Mpeppe (MPEPE), Base Dawgz (DAWGZ) continues to maintain a strong position within the meme coin market. Its foundation on the Base blockchain, coupled with its innovative features, ensures that it will remain a key player in the space. However, the crypto market is vast and ever-changing, and the emergence of new and promising projects like Mpeppe (MPEPE) is a constant. For those who choose to invest in both Base Dawgz (DAWGZ) and Mpeppe (MPEPE), the potential for significant returns is amplified. By spreading their investments across multiple projects, they can capitalize on the strengths and growth potential of each, positioning themselves for success in the dynamic world of cryptocurrencies. Conclusion The migration of Base Dawgz (DAWGZ) holders to Mpeppe (MPEPE) underscores the importance of diversification and the pursuit of new opportunities in the crypto market. While Base Dawgz (DAWGZ) continues to thrive, the allure of potentially higher returns from Mpeppe (MPEPE), with its strategic presale pricing and bonus incentives, is driving investors to explore additional avenues for growth. For those who are willing to take the leap, the rewards could be substantial, making this an exciting time for meme coin enthusiasts and crypto investors alike. 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
Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms.
Amid the memecoin frenzy on the Tron network, Justin Sun is facing backlash for the controversial removal of over $700 million in Bitcoin (BTC) as USDD’s collateral without the Tron DAO Reserve’s vote. Sun has now addressed the situation after the move raised concerns about the stablecoin’s decentralization. Related Reading: Tether Announces Upcoming UAE Dirham-Pegged […]
Richard Heart filed to dismiss charges of selling $1 billion worth of unregistered securities—but the SEC disagrees with his claims.
Fetch.ai is opening an Innovation Lab in San Francisco for early-stage startups working with AI agents.
There are reasons to believe that young entrepreneurs see cryptocurrencies as a good investment option. The massive crypto investment of youtuber, known as MrBeast is a best example. Here is what we know about MrBeast’s crypto investment. How Much Bitcoin Does MrBeast Holds People like MrBeast can easily influence people, as he has a huge …
Kennedy is set to address the nation from Arizona on Aug. 23 and could potentially reveal more support for Trump's presidency.
Another spike in Bitcoin to $61K for the seventh time since August 8th means the altcoin market is heading to the $1 trillion mark. As the bullish momentum increases, interest in DeFi, AI, and Gaming tokens increases. With the bullish resurgence showing potential to hit 2021 levels. Here are the top Gaming tokens to buy. …
Since July 2024, the popular Solana-based meme coin Dogwifhat (WIF) has experienced a price decline of over 43%. Amid this notable drop, today, on August 23, 2024, the largest dogwifhat (WIF) holder purchased a significant 1.8 million tokens worth $2.7 million. WIF Largest Holder Buys 1.8 Million WIF Tokens In a post on X (previously …
Earlier, there were reports that Tether was planning to launch a blockchain. Those reports were received well by the crypto community. Some even termed the plan as revolutionary. But, a recent statement made by Tether CEO indicated that the organisation now has a different thought. What’s It? Read on! Tether’s CEO about the Blockchain Plan: …
As the price of Bitcoin stabilizes above the $60K level, the crypto market has displayed a steady price action for the first time in days. Moreover, the altcoin leader, Ethereum price has successfully regained momentum by reclaiming the $2.65K mark. On the other hand, lesser-known altcoins have gained significant attention from the crypto space during …
Bitcoin’s mining world is buzzing with excitement as the cryptocurrency nears its maximum supply limit. With only 1.28 million Bitcoins left to be mined out of the total 21 million, recent analyses by JPMorgan highlight a massive opportunity of $74 billion worth of Bitcoin still up for mining. This significant figure underscores a crucial moment …
Henrik Zeberg, Head Macro Economist at Swissblock, has reasserted his prediction that a US recession is inevitable, but not before a dramatic upswing in financial markets, including a substantial rally for Bitcoin to heights between $115,000 and $120,000. In his most recent analysis posted on X, Zeberg expounded upon the cyclical nature of markets and how they align with historical economic indicators and current fiscal policies. “REMEMBER!? In December 2022, everybody was BEARISH! I was BULLISH! We were told that ‘Imminent Crash’ was ahead of us – despite the fact that the market bottomed in October 2022,” Zeberg reiterated in his post. He laid out his refined predictions for major market indices and Bitcoin, pointing to a forthcoming “Blow Off Top”. Bitcoin Faces Its First Recession Ever A “blow-off top” refers to a sharp, rapid increase in the price in financial markets, followed by an equally sharp decline. This pattern is characterized by intense buying pressure that drives prices to extreme highs, often driven by speculative or euphoric behavior among traders. This surge in prices is usually unsustainable, leading to a significant sell-off as traders take profits or react to overbought conditions. Related Reading: These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals The blow of the top predicted by Zeberg could be triggered by the US Federal Reserve injecting massive amounts of liquidity into circulation to prevent a recession. Based on this, Zeberg forecast that the S&P 500 will rise to 6,100-6,300, the Nasdaq to 24,000-25,000, the Dow Jones Industrial Average to roughly 45,000, and Bitcoin to $115,000-120,000. Zeberg’s bullish stance contrasts starkly with his dire prediction for the post-rally period. “Now….. we are not at the top – yet! But Recession IS coming – and it will be the worst since 1929. Major Bear market (in 2 phases; Deflationary and Stagflationary – separated by a mid-way bounce as Fed enters in 2025),” he explained, suggesting a complex recessionary cycle influenced by both market dynamics and Federal Reserve (Fed) policies. The economist’s skepticism toward the effectiveness of impending Federal Reserve rate cuts is rooted in a detailed critique of similar historical measures. Despite the market’s expectation of a 25 basis points cut at the next FOMC meeting in September—a move supported by 73.5% of market participants (according to the CME FedWatch tool), with a smaller fraction (26.5%) anticipating a more aggressive 50 basis points cut—Zeberg remains unconvinced these will forestall recessionary pressures. Related Reading: September 10: A Bitcoin Game Changer, Says Hedge Fund Founder “But… but… Fed rate cuts…. ?? The Global Economy is breaking. US Recession begins December 2024,” Zeberg stated, reflecting his belief that short-term liquidity injections are insufficient to counteract deeper economic malaises. He points to the liquidity cycle metrics comparable to those seen in 2007, questioning the effectiveness of such strategies in preventing the 2008 financial crisis. Furthermore, Zeberg highlights the recent end of the inversion between the US. 2-year and 10-year Treasury yields, traditionally viewed as a predictor of economic downturns. The inversion, where short-term yields exceed long-term yields, is typically a signal of investor uncertainty about the near-term economic outlook. Another pillar of Zeberg’s argument is the recent job market data. The US Bureau of Labor Statistics revised its March 2024 total employment estimates downward by 818,000—the largest revision in 15 years—indicating significant weakness in the job market, far more pronounced than initial estimates suggested. “Economy much weaker than expected,” Zeberg commented. At press time, Bitcoin traded at $60,764. Featured image created with DALL.E, chart from TradingView.com
AVAX leads with a 7.4% increase, closely followed by NEAR at 7.3%, lifting the index higher.
The polygon network crypto MATIC spiked to 60 60-day-high following the upcoming migraine from MATIC To POL and increased whale activity. Sharing similar movements as Polygon, Caradno asset ADA has started moving ahead of the forthcoming Chang Hard Fork ADA has not been a trader’s favorite coin in recent days, as its returns say. Only …
XRP price is mirroring a 2021 bullish chart fractal that preceded a 500% rebound.
Shiba Inu marketing lead LUCIE has chimed in on the Bitcoin bull run debate and when it is likely to begin in full force. She uses the legendary Bitcoin post-halving rally that has often even the start of a new bull run. According to historical performance, the market could be drawing toward another notable bull […]
Fetch.ai's new hub in San Francisco could significantly accelerate AI advancements and foster collaboration among top-tier talent.
The post Fetch.ai opens new AI lab in San Francisco, commits $10M per year to support startups appeared first on Crypto Briefing.
Documents have surfaced revealing state-linked Chinese entities using Amazon cloud services or similar services to access advanced AI chips and capabilities banned by the US.
Ripple has begun minting its new stablecoin, RLUSD, on the XRP Ledger and Ethereum mainnet. This initial phase involves minting 385 RLUSD tokens, with 185 on the XRP Ledger and 200 on Ethereum. The RLUSD is pegged 1:1 to the U.S. dollar and backed by a mix of dollar deposits, short-term U.S. government treasuries, and …
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
According to a report by CNBC TV18, India aims to reach out to crypto industry stakeholders to invite inputs to clarify its regulatory framework for digital assets. A panel led by the Secretary of the Department of Economic Affairs (DEA) is set to publish a consultation paper on digital asset regulations in the country by […]
The market is facing severe volatility as the two main assets, Bitcoin (BTC) and Ethereum (ETH), are in crucial accumulation phases. However, Bitcoin has performed better over the past ten days, standing out amid the fluctuations. Related Reading: Where Is Bitcoin And Ethereum Headed? Analyst Reveals Key Levels to Watch The ETH/BTC chart reveals this shift. At the time of writing, Ethereum’s price in Bitcoin terms was 0.043, its lowest since April 2021. This highlights Bitcoin’s dominance in the current market environment. As prices move and investors seek an edge, critical data reveals a clear preference for Bitcoin over Ethereum in the past months. While the market may appear calm, history shows things can turn on a dime. Therefore, examining on-chain data and fundamentals is vital to anticipate potential shifts. ETF Flows Showing Bitcoin Dominance Traditional investors are showing an increasing preference for Bitcoin over Ethereum, as evidenced by crucial data from Farside Investors, a London-based investment management firm. According to their reports, Spot Bitcoin ETFs have experienced five consecutive inflows, while Ethereum ETFs have seen five straight days of outflows. While some market participants believe that the outflows from Ethereum ETFs are due to selling pressure from Grayscale, analyst and investor Lark Davis has countered this argument. He points out that “about 30% of ETH is already out of Grayscale’s $ETHE ETF,” implying that the outflows are driven by broader market sentiment rather than Grayscale’s influence. BLACKROCK NOW HAS MORE CRYPTO THAN GRAYSCALE Blackrock has now overtaken Grayscale in total on-chain holdings. This makes Blackrock the largest ETF-related entity on Arkham. Blackrock: $22,143,715,559 Grayscale: $21,996,062,828 pic.twitter.com/YrPZdrMObk — Arkham (@ArkhamIntel) August 22, 2024 This trend underscores Bitcoin’s undeniable dominance in the market, as traditional investors continue to favor BTC over ETH during times of uncertainty and volatility. BTC Technical Levels To Watch Bitcoin’s price is currently at $61,280 at the time of writing. It has been in a consolidation phase since August 8, oscillating between the local resistance at $62,729 and the local support at $56,138 in the 4-hour timeframe. This period of sideways trading has kept the market in suspense as investors watch closely for the next significant move. For a bullish confirmation, BTC needs to break above the $63,000 level and close above the daily 200 Moving Average (MA), a crucial indicator that typically acts as support during bull markets and as resistance in periods of deep corrections. The daily 200 MA has been a critical level for determining the overall trend, and reclaiming it would signal a potential continuation of the bull market. Related Reading: Will Bitcoin Perform Better In September Compared To August? Here’s What The Data Says While Bitcoin’s current dominance in the market is evident, it’s important to note that this dominance may not last forever. The market remains dynamic, and shifts in sentiment or broader market conditions could alter the landscape at any time. Featured image created with Dall-E, chart from Tradingview.com