Savvy investors are always on the hunt for the next big opportunity to maximize their returns. Recently, a Shiba Inu (SHIB) whale has been making headlines with a bold move to potentially triple $1 million in profits by shifting focus from SHIBASHOOT to the rising star, Mpeppe (MPEPE). As these two memecoins square off, investors […]
In a significant move that has captured the attention of the cryptocurrency community, Shiba Inu (SHIB) whales have invested a whopping $1 million into Mpeppe (MPEPE), a new memecoin rival to SHIBASHOOT. Priced at just $0.001777, Mpeppe (MPEPE) is quickly gaining traction as a potential game-changer in the world of digital assets. With its unique […]
The memecoin market is heating up with the emergence of Mpeppe (MPEPE), a new contender challenging the dominance of Pepecoin (PEPE) and its fierce rival, Pepe Unchained (PEPU). Both Pepecoin (PEPE) and Pepe Unchained have established strong followings, but Mpeppe (MPEPE) is making waves with its innovative integration of decentralized finance (De-Fi) features. The big […]
The cryptocurrency market is buzzing with excitement as Shiba Inu (SHIB) and SHIBASHOOT investors flock to a promising new token that’s predicted to deliver a staggering 1000X uplift. Mpeppe (MPEPE), the latest contender in the ever-evolving world of digital assets, is quickly gaining traction among savvy investors. With innovative features like staking in De-Fi liquidity […]
Whales, large holders of digital assets are always on the lookout for the next big opportunity. Recently, a significant shift has been observed as whales from Dogecoin (DOGE) and Shiba Inu (SHIB) are turning their attention to a new contender: Mpeppe (MPEPE). Priced at a mere $0.00177, Mpeppe (MPEPE) is quickly gaining traction as a new-generation cryptocurrency with the potential to reshape the market. Here’s why DOGE and SHIB whales are migrating to Mpeppe (MPEPE) and what it could mean for the future of decentralized finance and digital assets. The Appeal of Dogecoin (DOGE) and Shiba Inu (SHIB) Dogecoin (DOGE) and Shiba Inu (SHIB) have long been the go-to memecoins for crypto enthusiasts. Both started as jokes but quickly amassed strong communities and saw incredible growth, largely driven by their viral appeal and the power of social media. Dogecoin (DOGE), with its origin as the original memecoin, paved the way, while Shiba Inu (SHIB) capitalized on the trend, branding itself as the “Dogecoin (DOGE) killer” and creating a DeFi ecosystem around its token. However, as the cryptocurrency market matures, even the most loyal Dogecoin (DOGE) and Shiba Inu (SHIB) holders are seeking out new opportunities that offer greater financial utility and growth potential. Enter Mpeppe (MPEPE), a token that combines the fun of meme culture with the practical benefits of decentralized finance (DeFi). Mpeppe (MPEPE): The New Frontier in Cryptocurrency Mpeppe (MPEPE) is rapidly emerging as the next big thing in the crypto world, attracting attention not only for its low entry price of $0.00177 but also for its innovative approach to combining meme culture with decentralized finance. Mpeppe (MPEPE) facilitates financial services and transactions within DeFi protocols, offering functionality that goes beyond simple speculation. This ability to blend entertainment with real financial utility is what sets Mpeppe (MPEPE) apart from traditional memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB). By integrating DeFi elements, Mpeppe (MPEPE) provides its community with access to a range of financial services, including lending, borrowing, trading, and yield farming. These features add depth to Mpeppe (MPEPE)’s value proposition, making it a more versatile and attractive investment option for those looking to diversify their crypto portfolios. Why Dogecoin (DOGE) and Shiba Inu (SHIB) Whales Are Making the Switch The migration of Dogecoin (DOGE) and Shiba Inu (SHIB) whales to Mpeppe (MPEPE) is driven by several key factors. First and foremost is the potential for impressive returns. While both Dogecoin (DOGE) and Shiba Inu (SHIB) have provided substantial gains in the past, their growth has slowed, leading many large holders to seek out new opportunities that offer greater upside potential. Mpeppe (MPEPE), with its innovative features and low entry price, presents an attractive opportunity for those looking to capitalize on the next wave of growth in the cryptocurrency market. Additionally, Mpeppe (MPEPE)’s integration with DeFi protocols offers a level of functionality that is not found in traditional memecoins. This added utility makes Mpeppe (MPEPE) more than just a speculative asset; it is a tool for financial growth and community engagement. For Dogecoin (DOGE) and Shiba Inu (SHIB) whales who are accustomed to the volatility of the crypto market, the prospect of steady, long-term gains through DeFi activities such as yield farming and liquidity mining is a compelling reason to consider Mpeppe (MPEPE) as a key part of their investment strategy. Conclusion: Mpeppe (MPEPE) – The New Generation Cryptocurrency on the Rise With its innovative approach to integrating DeFi with meme culture, Mpeppe (MPEPE) is well-positioned to deliver impressive returns and shape the future of decentralized finance. For Dogecoin (DOGE) and Shiba Inu (SHIB) investors looking to diversify their portfolios and explore new horizons, Mpeppe (MPEPE) offers a compelling case for investment and a chance to be part of a transformative movement in the world of cryptocurrency. As Mpeppe (MPEPE) continues to gain traction, it may very well become the next big thing in the ever-evolving landscape of digital assets. 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 world of cryptocurrency is rife with competition, particularly in the vibrant memecoin market. Pepecoin (PEPE) has long been a dominant force, capturing the imaginations of investors with its playful yet powerful presence. However, a new rival has emerged, and it’s poised to take the spotlight. Mpeppe (MPEPE), the latest contender, is being hailed as […]
M^0 allows stablecoin issuers to incentivize distributors, liquidity providers and so on by programmatically sharing yield among an ecosystem of users.
The fund’s official record of share ownership is kept on the Stellar network and the fund may also use Polygon and Arbitrum for certain accounts.
The provider of bitcoin and ether ETFs now offers more than 20 crypto investment products.
FTX chief restructuring officer and CEO John Ray III said the plan promises 100% return plus interest for non-governmental creditors.
The newly launched TON Society will manage events and channels for The Open Network, driving community participation and decentralized governance.
XRP Ledger developer Marvin Sunday, alias @MarvinSunday4 on X, is leveling serious accusations against RippleX and Ripple for allegedly failing to provide financial compensation due to participants of the XRPL Ambassadorship program, which officially concluded on December 20, 2023. Marvin’s public outcry has brought significant attention to the practices of Ripple’s community engagement strategies, raising […]
Travis Kling, the founder and Chief Investment Officer of Ikigai Asset Management, is proposing a direct link between the US presidential election outcomes and the Bitcoin price. Via X, Kling delves into the political dynamics and their perceived implications for crypto markets, particularly focusing on the potential re-election of Donald Trump. Why September 10 Could Be Crucial For Bitcoin Kling’s analysis hinges on several key political events and their corresponding impacts on betting markets, which he believes are reflective of broader economic expectations. “NFA. I’m wrong often. Bitcoin has likely been trading with a correlation to Trump winning. And that makes sense to me. BTC/crypto will be MUCH better off under a Trump admin,” Kling stated. He emphasized the Democratic National Convention’s perceived shortcomings and an expected endorsement of Trump by Robert F. Kennedy Jr. as pivotal moments that could drive the Bitcoin price. “The DNC does not appear to be going particularly well. RFK is supposed to be endorsing Trump on Friday. These factors are showing up on Polymarket and if RFK goes for Trump, I would guess Poly would widen out further,” Kling noted. He anticipates these developments will peak on September 10. Related Reading: Historical Data Suggests Bitcoin Could Rise 1,000%, Here’s Why This is when the first debate between former President Donald Trump and Vice President Kamala Harris will be in Philadelphia. “It’s Trump’s to lose IMO. If he shows up for Kamala the way he showed up for Biden, polls/Poly should widen further still.” Kling expects the Bitcoin price to surge towards $72,000. “Given that BTC is trading with Trump, it would make sense to me that all this would add up to BTC being back up to the top of this 6-month range,” Kling speculated. However, he also warned of too much optimism. Kling is unsure if the BTC price can break out of the trading range established in mid-March “prior to the election, unless polls/Poly REALLY widen out for Trump. Hate it or love it, this election is highly consequential for us, short-term price action just being one aspect of that.” Notably, not everyone is sharing Kling’s opinion. Matthew Sigel, Head of Digital Assets Research at VanEck, provided a contrasting perspective. Sigel stated, “Bitcoin is Not Currently Trading With Trump Odds, Though I Expect That to Change. Related Reading: Bitcoin On Brink Of Massive Breakout Like Gold In 2008: Hedge Fund CEO FalconX, a prominent crypto prime broker, also recently conducted an analysis which scrutinized the correlation between Bitcoin prices and Trump’s electoral odds on Polymarket—a platform for betting on political outcomes. From June 1 to August 15, their findings indicated no apparent correlation, underscoring that other factors might have influenced Bitcoin’s price more significantly. These factors included the 50,000 BTC sell-off by the German government and liquidations by former customers of Mt. Gox. Undoubtedly a coalition of Trump and Kennedy Jr.’s would be extremely bullish for Bitcoin. While it enhances Trump’s odds of winning the US election, another strong Bitcoin supporter would join the Trump campaign. Kennedy Jr., like Trump, has advocated for substantial government involvement in Bitcoin, proposing that the Treasury Department should purchase 550 Bitcoins daily until it amasses 4 million BTC in reserves. At press time, BTC traded at $61,067. Featured image created with DALL.E, chart from TradingView.com
The markets are heading towards the monthly close, which is expected to have a huge impact on the upcoming quarterly close. Historically, August has not attracted any major bullish action and hence the markets appear to be following the historical pattern. The Bitcoin price is stuck within a range, due to which market participants appear …
XRP price is consolidating gains above the $0.5850 level. The price could start a major increase if it clears the $0.6150 resistance zone. XRP price is eyeing a fresh increase from the $0.5850 level. The price is now trading above $0.5980 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.600 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.6150 resistance zone. XRP Price Aims Higher XRP price formed a base above the $0.5850 level. The price started a steady increase above the $0.5880 and $0.5920 levels like Bitcoin and Ethereum. There is a bullish continuation pattern forming from the $0.5850 level. The price gained pace for a move above the 50% Fib retracement level of the downward move from the $0.6149 swing high to the $0.5853 low. The price is now trading above $0.5980 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $0.600 on the hourly chart of the XRP/USD pair. If there is an upside continuation, the price could face hurdles near the $0.6050 level. The 61.8% Fib retracement level of the downward move from the $0.6149 swing high to the $0.5853 low is also near the $0.6050 level. The first major resistance is near the $0.6080 level. The next key resistance could be $0.6150. A clear move above the $0.6150 resistance might send the price toward the $0.6220 resistance. The next major resistance is near the $0.6350 level. Any more gains might send the price toward the $0.6550 resistance or even $0.6880 in the near term. Another Pullback? If XRP fails to clear the $0.6050 resistance zone, it could start a short-term pullback. Initial support on the downside is near the $0.600 level. The next major support is at $0.5880. If there is a downside break and a close below the $0.5880 level, the price might continue to decline toward the $0.5650 support in the near term. The next major support sits at $0.5550. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $0.600 and $0.5850. Major Resistance Levels – $0.6050 and $0.6220.
Bitcoin recently surged above $60,000, fueled by important macroeconomic factors. Traders are anticipating a rise towards $70,000. The Federal Reserve’s recent meeting minutes hinted at potential rate cuts, which could increase Bitcoin’s price by increasing global liquidity through lower interest rates. Looking at the bullish prospects, one crypto analyst highlighted that USDT’s dominance (USDT.D) could …
Kamala Harris' potential crypto-friendly policies could significantly influence the regulatory landscape and innovation in emerging technologies.
The post Kamala Harris’ support for crypto growth gets validation from Coinbase’s policy chief appeared first on Crypto Briefing.
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Truflation's expanded Big Mac Index offers a more comprehensive global perspective on inflation, currency valuation, and economic disparities.
The post Truflation expands its Big Mac Index to 15 new countries appeared first on Crypto Briefing.
Bitcoin bulls draw key battle lines as market metrics hint at a potential breakout from the short-term BTC price trading range.
Miners often turn to OTC deals to sell bitcoin, CryptoQuant noted.
Ethereum price is consolidating above the $2,550 resistance. ETH could gain bullish momentum if it clears the $2,650 resistance zone. Ethereum is struggling to gain pace for a move above the $2,650 level. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $2,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a close above $2,650. Ethereum Price Starts Consolidation Ethereum price remained stable above the $2,550 level. ETH formed a base and started a steady upward move above the $2,580 level like Bitcoin. There was a move toward the $2,665 level. A high was formed at $2,662 and the price is consolidating. There was a minor pullback below the $2,600 level. The price declined below the 50% Fib retracement level of the upward move from the $2,536 swing low to the $2,662 high. Ethereum price is now trading above $2,620 and the 100-hourly Simple Moving Average. If there is another increase, the price might face hurdles near the $2,650 level. There is also a short-term contracting triangle forming with resistance at $2,640 on the hourly chart of ETH/USD. The first major resistance is near the $2,720 level. A close above the $2,720 level might send Ether toward the $2,750 resistance. The next key resistance is near $2,880. An upside break above the $2,880 resistance might send the price higher toward the $3,000 resistance zone in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,650 resistance, it could start another decline. Initial support on the downside is near $2,600. The first major support sits near the $2,580 zone. The 61.8% Fib retracement level of the upward move from the $2,536 swing low to the $2,662 high is also near the $2,580 level. A clear move below the $2,580 support might push the price toward $2,550 where the bulls could emerge. Any more losses might send the price toward the $2,500 support level in the near term. The next key support sits at $2,440. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,580 Major Resistance Level – $2,650
The Bitcoin (BTC) market appears to be now experiencing a concerning trend, according to the latest report from an on-chain data provider, CryptoQuant. In the report, CryptoQuant discloses a notable slowdown in the growth of whale holdings, which refers to the accumulation of Bitcoin by large-scale investors. The report reveals that the implication of this trend […]
In Part 2 of The Agenda’s one-year later episode, CryptoHarlem, OriginTrail and The Blockchain Socialist share their thoughts and plans for 2025.
The New York Stock Exchange mandates all listed securities to maintain an average closing price of $1 or more.
Coolio's legacy takes on new life in the metaverse with an immersive digital experience featuring a hyper-intelligent AI version of the iconic rapper as “Gangsta’s Paradise” turns 30.
A recent analysis from a CryptoQuant analyst has raised concerns over Bitcoin MVRV Ratio Momentum. The MVRV ratio, a critical indicator in on-chain analysis, represents the ratio between Bitcoin’s realized and market values. It serves as a tool to assess whether the market is overvalued or undervalued. By applying 30-day and 365-day moving averages (DMA) to this ratio, the analyst has observed a shift in market momentum, potentially signaling a major market move ahead. Related Reading: Bitcoin Price Action Watch: 3 Pivotal Zones That Could Sway BTC’s Next Move A Bearish Shift On The Horizon? In the latest assessment, the analyst under the name ‘Yonsei Dent’ highlights that Bitcoin’s 30-day moving average has sharply declined since reaching an all-time high in March 2024. This decline has brought the 30 DMA dangerously close to crossing the 365 DMA; a situation often referred to as a “death cross” in technical analysis. For context, a death cross is where a shorter-term moving average crosses below a longer-term moving average. In Bitcoin’s MVRV ratio, a death cross would occur if the 30-day moving average (DMA) falls below the 365-day moving average (DMA). Historically, such events have often preceded bearish market phases, making this a critical juncture for Bitcoin. Dent particularly noted: In the previous cycle, after the MVRV momentum experienced a death cross, the market entered a full-blown bearish phase. Therefore, it is crucial to monitor whether the 30 DMA continues to decline. If the 30 DMA finds support at the 365 DMA and starts to rise again, it could signal a potential increase in BTC’s price. Furthermore, Dent highlighted that the current Bitcoin MVRV ratio now ranges between 1.8 and 1.9, suggesting that the market value is nearly double the realized value, indicating that while the market is not yet under significant stress, caution is warranted. Related Reading: Analyst Forecasts Bitcoin Bull Run Top With Historically Proven Indicator Bitcoin Technical Outlook While Dent’s analysis of the Bitcoin MVRV ratio signals a critical juncture for Bitcoin, another renowned analyst, Javon Marks has recently set an ambitious target for Bitcoin based on its recent price action. According to Marks, BTC still comes from a major Hidden Bull Divergence pattern. However, key levels remain at $67,559, which can be a precursor to a significant rally from BTC. Marks noted: With a break + hold that target, $116,652 comes into play, and prices could set for an additional +72% climb to reach it, at an even greater speed than many think. All of Bitcoin’s recent chop after meeting $67,559 the first time may have only been preparation for this next phase into the $100,000s. Meanwhile, Bitcoin still trades below $60,000 with a current trading price of $59,864, at the time of writing. According to crypto analyst Elja, the asset’s price keeps rejecting from the 4hr 200 EMA level. Should Bitcoin eventually surpass this level, we could see a surge to $64,000. $BTC keeps getting rejected from the 4hr 200 EMA level Flip and turn it into support and #Bitcoin will pump towards $64K-$65K Otherwise, the consolidation will continue to happen! pic.twitter.com/YIoGrVinCG — Elja (@Eljaboom) August 21, 2024 Featured image created witH DALL-E, Chart from TradingView
As Ethereum grapples with slow transaction speeds and high fees, Tron is emerging as a potential rival that could shake up the blockchain landscape. With its focus on speed and cost-effectiveness, Tron is drawing attention as a possible successor to Ethereum. According to market trends and blockchain analysis, Tron is now being seen as a …
In August, Bitcoin (BTC) saw its worst downturn. It fell below $50,000 after the Bank of Japan raised its interest rate from 0% to 0.25%, impacting the US stock market. Traders borrowed Japanese Yen at low interest rates to buy US assets, leading to further corrections in BTC. At the moment, Bitcoin is trading around …
WazirX, one of the biggest cryptocurrency exchanges in India has made some serious moves after the $230 million hack that transpired on the platform recently. As part of its continual operational recovery, the exchange declared that all open orders on the platform had been deactivated. The decision made will be applicable to address the problems …