TRON (TRX) is really making a splash right now! With its price hitting $0.1578, it’s at its highest point in three years. This huge jump has pushed TRON’s market cap to a jaw-dropping $13.65 billion. But what’s causing this crazy rise, and could there be even more to come for TRX? Let’s dive into the …
In the past few days, Tron (TRX) has been consistently gaining significant attention from the crypto community due to its super-hit performance. On August 21, 2024, Tron’s open interest once again skyrocketed by over 56% in the last 24 hours, signaling immense interest from investors and traders. Tron Open Interest Jump by 56% According to …
The public prosecutor and supreme court of China have updated the provisions of the nation’s anti-money laundering (AML) legislation to include the recognition of crypto transactions for the first time. Related Reading: 2024 US Election Could See Major Impact From Pro-Crypto Young Voters: Report The change is effective immediately, with the main aim being the […]
Victor Miller entered the race and now uses a nickname to distinguish himself from the “Virtual Integrated Citizen, The Official Robot” he says is on the ballot.
Victor Miller entered the race and now uses a nickname to distinguish himself from the “Virtual Integrated Citizen, The Official Robot” he says is on the ballot.
Cats and frogs and politics based meme tokens had their enough share in the meme ecosystem. Now a new memecoin has emerged in the crypto world. Close to its launch, this meme coin is shocking everyone with pre-market trading volumes already exceeding $4 million. Will it become the next big thing or just another fad? …
Hashdex's Solana ETF launch in Brazil signifies growing acceptance and diversification of crypto investments in emerging markets.
The post Hashdex to launch Solana ETF in Brazil appeared first on Crypto Briefing.
Another crypto fan is likely to arrive in Congress next year, with Yassamin Ansari winning her Democratic primary race in Arizona by a scant 39 votes, a result confirmed Tuesday after an automatic recount.
Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000.
Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000.
Nigeria will issue licenses to exchanges "sooner than you think," the country's SEC chief said, marking a major shift in its crypto policy.
In the latest edition of the Capriole Investments newsletter dated August 20, 2024, Charles Edwards, founder and CEO, draws striking parallels between the current market behavior of Bitcoin and the historical performance of Gold, particularly during its 2008 rally. Bitcoin Mirrors 2008 Gold Rush Edwards points out that Bitcoin has been consolidating around $60K, echoing the pattern Gold followed before its significant rally. “Bitcoin is under pressure, mirroring the longest period of consolidation at any ATH in its history,” Edwards notes, suggesting that this could be a precursor to a significant breakout. According to him, this pattern closely mirrors that of Gold in the late 2000s, when it consolidated for nine months around its 1980 ATH before launching a significant two-year rally in 2008. Edwards elaborates on the technical similarities, noting, “Gold’s first significant consolidation post-ETF launch preceded a rally that saw its value climb by 180% in just over two years. Today, Bitcoin exhibits similar market behavior in the aftermath of its own ETF launches and consolidations.” Related Reading: Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC Edwards notes that during Gold’s consolidation phase in 2008, the asset underwent a -33% drawdown, eventually marking what many investors consider a generational bottom. Bitcoin’s recent dip to $48,000—a -33% crash—strikingly aligns with this aspect of Gold’s historical price action. “The July 2024 Bitcoin dip saw a -28% drop to $53K, and the more recent August 2024 dip mirrored Gold’s final plunge, falling a mere half a percent short,” Edwards states, highlighting the precision of these parallels. Based on these historical parallels, Edwards predicts that Bitcoin price could be “ripping straight to $140K with no dips by around May 2025.” While he acknowledges that a single datapoint does not mean that gold’s history has to repeat for Bitcoin, he believes that it is “the most comparable asset at the most comparable time in its history.” Related Reading: Analyst Forecasts Bitcoin Bull Run Top With Historically Proven Indicator Despite the bullish signal from the historical and technical analysis, Edwards remains only cautiously optimistic. He acknowledges ongoing discrepancies in fundamental data signals and suggests a conservative stance until further bullish confirmations can be observed. “We are still awaiting the Monthly close; the conservative position would be to await further bullish confirmations (and potentially Q4) to fully clear what is typically the most bearish period of each calendar year for Bitcoin and risk assets,” Edwards notes. If Bitcoin can close above the monthly support, Edwards sees a “very attractive technical setup.” He concludes, “I believe this period of market consolidation is coming to a close as we exit summer, and I maintain strong conviction that the next 12 months will be the best time out of the last 3 years to be allocated to this asset class.” At press time, BTC traded at $60,712. Featured image created with DALL.E, chart from TradingView.com
RFK Jr.'s potential withdrawal to support Trump could reshape the 2024 election dynamics, impacting vote distribution and campaign strategies.
The post RFK Jr.’s campaign may drop out to support Trump, says running mate Nicole Shanahan appeared first on Crypto Briefing.
Elon Musk’s latest post on X has once again stirred the Dogecoin (DOGE) community. In a post on X today, the billionaire entrepreneur shared an AI-generated image depicting himself as an executive in a whimsically named “Department of Government Efficiency,” cleverly abbreviated as D.O.G.E. Accompanying the image was Musk’s message, “I am willing to serve,” […]
In this ongoing struggling cryptocurrency market, Solana-based dogwifhat (WIF) is making waves due to its impressive performance and recent breakout. On August 21, 2024, WIF gained a massive price surge of over 10% in the last 24 hours and caused a strong bullish breakout. Breakout in Dogwifhat (WIF) Since July 22, 2024, WIF has been …
According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States.
According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States.
The next iteration of blockchain improvements may give us a new opportunity to achieve genuine decentralization, delivering resilient networks with innovative services, says Paul Brody, head of blockchain at EY.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
In the fast-paced world of cryptocurrency, opportunities to triple profits are rare, but when they arise, savvy investors know how to seize them. Recently, a well-known cryptocurrency millionaire made headlines by joining the Mpeppe (MPEPE) project and leveraging the gaming platform BitStarz to maximize their earnings. This move has caught the attention of the crypto […]
In the dynamic world of cryptocurrency and online gaming, maximizing profits is the name of the game. For savvy investors and gamers, finding the right combination of platforms and opportunities can be the key to unlocking substantial returns. Mpeppe (MPEPE), a rising star in the memecoin space, and Sirwin Casino, a leading crypto gaming hub, […]
The world of cryptocurrency is no stranger to the explosive growth of meme coins, where community-driven projects can skyrocket in value seemingly overnight. Two such projects, Pepe Unchained (PEPU) and Mpeppe (MPEPE), have recently garnered significant attention, not just for their meme-based appeal but also for their strong community backing and potential for substantial profits. […]
In the fast-paced world of cryptocurrency, whales—those individuals or entities with significant holdings—can often set trends and influence market sentiment. Recently, a notable Pepecoin (PEPE) whale made headlines by making a substantial investment in a new ICO that’s generating considerable buzz in the crypto community. The ICO in question is Mpeppe (MPEPE), currently priced at […]
The cryptocurrency world is no stranger to volatility and swift market movements, and recent developments surrounding Pepecoin (PEPE) have only underscored this reality. As PEPE continues to be a hot topic within the crypto community, many of its investors are now eyeing new opportunities to multiply their gains. One such opportunity that has captured significant […]
The latest in a series of cases concerning copyright and AI looks at the sources Anthropic used to train its Claude large language models.
The latest in a series of cases concerning copyright and AI looks at the sources Anthropic used to train its Claude large language models.
In the ever-evolving world of cryptocurrency, savvy investors are always on the lookout for opportunities to maximize their profits while exploring innovative projects. Recently, a new trend has emerged among cryptocurrency investors, combining the potential of Mpeppe (MPEPE) with the exciting gaming experiences offered by SirWin Casino and BitStarz. This unique combination not only provides the thrill of gaming but also offers substantial financial rewards, including a 20% instant bonus that’s available right now. Mpeppe (MPEPE): A Rising Star in the Crypto World Mpeppe (MPEPE) has quickly gained attention in the cryptocurrency space as a promising new memecoin with a solid foundation. Unlike many memecoins that rely solely on their viral appeal, Mpeppe is built with a clear purpose and innovative technology, making it a valuable asset for investors. 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The slowdown in Bitcoin demand can be attributed to a sharp decline in purchases in the United States.
The slowdown in Bitcoin demand can be attributed to a sharp decline in purchases in the United States.