Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels.
The prevailing “low float, high FDV” model can generate significant initial interest in project but benefits tend to disintegrate in the long-term, says Lava Network's Ethan Luc.
It’s long past time for critics to look past their biases and recognize the reality of the digital assets industry, say Sheila Warren and Justin Slaughter.
Not many in the industry anticipated the Bitcoin crash last week or how far it will eventually go. However, crypto analyst Ali Martinez is one of the analysts who expected another crash, and had seemingly managed to predict where the price would eventually bottom. Following his correct prediction, Martinez has now revealed where he expects […]
The community for Chainlink (LINK) has hope thanks to Alan Santana, a famous cryptocurrency expert, who says that the token may soar in the next few months. Even though there are some negative signs as we speak, Santana believes that LINK’s price will go up a lot during the next bull market, possibly hitting an all-time high. Related Reading: Bitcoin NVT Golden Cross Gives Bottom Signal: What Happened Last 2 Times Santana’s prognosis is hinged on LINK’s key acquisition period, which preceded the 2021 bull market. He calls 2023 a “recovery year,” with numerous cryptocurrencies tallying decent price gains but not a bull market. The analyst predicts a “huge” bull run by 2025 that could push LINK above $135. At the time of writing, LINK was trading at $10.60, up 6.1% in the last 24 hours, but sustained a 15.4% drop in the weekly frame, data from Coingecko shows. ✴️ ChainLink Pre-2025 Bull-Market Accumulation Zone & Strategy Hello my dear friend, Notice the huge difference between the bullish wave in 2021 vs the bullish wave in 2023! This is why I dubbed 2023 the “recovery year.” Last year many Altcoins produced a nice wave, a recovery… pic.twitter.com/DTF977g5yT — Alan Santana (@lamatrades1111) August 8, 2024 Current Market Conditions Despite the fact that Santana is hopeful about the future, the present state of the market indicates that this is not the case. In comparison to the previous day, the price has decreased by 3.44%, and it is now trading at $10.04. The 50-day and 100-day Exponential Moving Averages (EMAs) are currently coming up at $13.072 and $14.071, respectively, which suggests that technical indicators point to a significantly more bearish situation than the current price. Analyst Advocates ‘Buy And Hold’ Approach In light of these contradictory signals, Santana has recommended a “buy and hold” strategy to LINK investors. In times of market depression and uncertainty, he suggests, it is the perfect time to start, as he stresses patience above complex technical analysis. Santana claims that these are the times when long-term investors could protect their holdings before the market becomes euphoric and greedy. This approach is especially pertinent considering Santana’s forecast that the prolonged accumulation period for LINK will filter out short-term investors. Once the next bull market starts, he thinks this screening process will set the stage for exponential expansion. Near-Term Trend Looking Up More information comes from the crypto prediction platform CoinCheckup. It shows that LINK will go up soon. The platform says that there could be a big 89% growth in the next six months, even though the market price is 3.15 % lower than what it predicted would happen in the next 30 days. This prediction is based on rising demand and positive developments in the Chainlink environment. Related Reading: ARB Surges Nearly 10% As Franklin Templeton Launches Fund on Arbitrum Looking forward, CoinCheckup also projects an 87.57% increase for LINK over the next year, which reflects ongoing investor confidence as the wider crypto market develops. The underperformance in the short term, however, points to possible volatility—probably either from market swings or investor profit-taking. Featured image from Pexels, chart from TradingView
The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments services.
In a virtual meeting designed to improve relations between the crypto industry and the Democratic Party on Thursday, tensions flared as executives lashed out at top Biden administration officials over the ongoing regulatory crackdown on digital assets, according to inside information gathered by Fox journalist Eleanor Terret. Crypto Executives Clash With Biden Officials The closed-door […]
On 07th August, a U.S. judge formally approved the FTX and Alameda filed a document to repay $12.7 Billion to its FTX creditors. Reportedly, on 8th August, Alameda Research deposited 205,380 Worldcoin (WLD) tokens worth $351K into Binance. Notably, FTX and Alameda currently hold $630 Million worth of assets. These assets include 266.85 Million FTT …
Bitcoin's ability to maintain support at $60,600 could signal a bullish trend, impacting market sentiment and ETF inflows significantly.
The post Bitcoin must hold $60,600 as support for further upside, says trader appeared first on Crypto Briefing.
Proponents of the “Crypto for Harris” may find the political terrain a rough patch to navigate as some sectors have labeled the US election campaign as a fraud. Related Reading: US Judge Orders FTX, Alameda To Pay A Staggering $12.7 Billion To Creditors – Details According to detractors of US Vice President Kamala Harris, the […]
Toncoin (TON) has gained significant upward momentum, recently breaking above the 100-day Simple Moving Average (SMA) on the 4-hour chart. This bullish move signals strong buying interest that could potentially put the crypto asset on the path to the $7.6 resistance level. The breakout above this key technical indicator suggests that the bulls are in control, setting the stage for a continued rally. This article analyzes Toncoin’s recent breakout above the 100-day SMA on the 4-hour chart, assesses market sentiment, and evaluates the significance of the $7.6 resistance level as the next major target. Toncoin was trading at approximately $6.50, marking an increase of over 3.55%, with a market capitalization exceeding $16 billion and a trading volume of more than $960 million at the time of writing. Over the past 24 hours, the asset’s market cap has risen by over 3%, while its trading volume has surged by more than 36%. Market Sentiment: Bulls In Control Of TON’s Rally Currently, the price of Toncoin on the 4-hour chart has been on a bullish move advancing above the 100-day Simple Moving Average (SMA) toward the $7.6 resistance mark. The breach above this key indicator indicates continued bullish control and the potential for further upward movement. Additionally, a 4-hour Relative Strength Index (RSI) analysis reveals that the indicator’s signal line has successfully climbed above 50% and is now approaching the 70% mark, which is considered the overbought zone. This suggests that buying pressure is increasing, potentially leading to further upward movement for the asset. On the 1-day chart, although Toncoin is still trading below the 100-day SMA, it has successfully formed bullish momentum candlesticks, aiming for both the 100-day SMA and the $7.6 resistance level, which means that the bulls are still in control and could potentially push the price higher. Finally, on the 1-day chart, the RSI signal line has climbed more than 35% from the oversold zone and is currently approaching 50%, suggesting growing bullish momentum for the cryptocurrency. Potential Scenarios: Will Toncoin Reach $7.6 Or Face Rejection? In the event that TON’s price reaches and breaks above the $7.6 resistance level, the crypto asset could continue to rise, testing its all-time high of $8.30 and potentially setting a new all-time high once it surpasses this mark. However, if Toncoin reaches the $7.6 resistance level and faces a rebound, it might start to decline toward the $4.6 support mark. Should the price fall below this support, it could drop further to test the $3.3 support level and potentially continue to lower support ranges on the chart if the $3.3 price target is breached. Featured image from Adobe Stock, chart from Tradingview.com
Bitcoin order book action is currently marked by significant sell-side liquidity, but this could disappear at any time, analysis says.
The success of a memecoin can be both explosive and transformative. Pepecoin (PEPE) has shown how a meme-based cryptocurrency can achieve remarkable returns, capturing the imagination of investors and the broader crypto community. Now, as the crypto market continues to evolve, a new contender has emerged: Mpeppe (MPEPE). Here’s why investors who have previously backed […]
Dogecoin (DOGE) whales, known for their strategic investments and keen market insights, are turning their attention to an exciting new ICO: Mpeppe (MPEPE). This shift highlights a growing trend among seasoned investors who are seeking new avenues to amplify their returns and diversify their portfolios. Why Dogecoin (DOGE) Investors Are Exploring Mpeppe (MPEPE) The emergence […]
As the cryptocurrency landscape continuously shifts, investors are perpetually on the lookout for groundbreaking opportunities that promise significant returns. In the vibrant world of meme coins, Pepe Unchained (PEPU) has recently become a focal point due to its distinctive approach and technological advancements. However, a new contender, Mpeppe (MPEPE), is swiftly gaining attention as the […]
As the cryptocurrency landscape continues to evolve, Shiba Inu (SHIB) investors are constantly on the lookout for new opportunities to maximize their returns. While Shiba Inu has been a dominant player in the meme coin market, a new rival, Mpeppe (MPEPE), is capturing the attention of savvy investors with its predicted 240x growth potential. The […]
In the ever-evolving world of cryptocurrencies, Ripple (XRP) has long been a favorite among institutional investors and whales. However, recent developments indicate that even the largest XRP holders are starting to diversify their portfolios by eyeing new, high-potential tokens like Mpeppe (MPEPE). With the crypto market constantly shifting, these whales are betting on Mpeppe to […]
The world of cryptocurrency investment is ever-evolving, with seasoned investors always on the lookout for the next big opportunity. Recently, Ethereum (ETH) ICO investors have been turning their attention to a new and promising player in the crypto space: Mpeppe (MPEPE). Priced attractively at $0.00107, Mpeppe (MPEPE) is capturing the interest of those with a keen eye on the Ethereum ecosystem. Here’s a deep dive into why experienced Ethereum (ETH) investors are excited about Mpeppe (MPEPE) and what makes it stand out. Ethereum (ETH) Investors Spot a Gem in Mpeppe (MPEPE) Ethereum (ETH) has long been the backbone of numerous blockchain innovations, and its ICO investors are known for identifying promising projects within its ecosystem. Mpeppe (MPEPE) has emerged as a compelling choice for these investors, thanks to its strategic use of Ethereum’s blockchain and its unique value proposition. The decision to invest in Mpeppe (MPEPE) at its current price of $0.00107 reflects a calculated move by experienced Ethereum (ETH) investors. They recognize the potential for substantial returns as Mpeppe leverages Ethereum’s robust infrastructure to offer a new and innovative cryptocurrency solution. How Mpeppe (MPEPE) Enhances the Ethereum (ETH) Ecosystem Mpeppe (MPEPE) offers a transformative vision that aligns closely with the core principles of Ethereum (ETH). Its ability to integrate DeFi protocols showcases the future of decentralized technologies and virtual worlds. By leveraging Ethereum’s blockchain, Mpeppe provides practical solutions that enhance the functionality and value of the cryptocurrency space. For Ethereum (ETH) investors, Mpeppe (MPEPE) is seen as an extension of Ethereum’s influence, adding new dimensions to the DeFi landscape. This convergence highlights the potential for innovative use cases and synergies within the cryptocurrency ecosystem. Mpeppe’s approach to combining meme culture with advanced blockchain technology represents a fresh take on how digital assets can evolve. Why Now is the Time to Pay Attention With Ethereum (ETH) continuing to make strides in the blockchain space, and Mpeppe (MPEPE) carving out its niche within this ecosystem, now is a pivotal moment for investors. The current pricing of Mpeppe (MPEPE) offers an attractive entry point, and its integration with Ethereum’s blockchain promises substantial long-term benefits. Investors who recognize the synergies between Mpeppe and Ethereum are positioning themselves for future gains. As Mpeppe (MPEPE) continues to develop and grow, it is likely to attract increasing attention and investment, reinforcing its role as a key player in the Ethereum (ETH) landscape. Conclusion Ethereum (ETH) investors are buying Mpeppe (MPEPE) at $0.00107, a new cryptocurrency with innovative DeFi and blockchain integration. Mpeppe offers enhanced financial services and functionalities, offering a promising opportunity within the Ethereum (ETH) ecosystem. As the cryptocurrency market evolves, monitoring projects like Mpeppe (MPEPE) can provide valuable insights and investment opportunities, signaling the future 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
Strategic moves by influential investors can signal potential shifts in market dynamics. Recent actions by Dogecoin (DOGE) whales indicate that Mpeppe (MPEPE), a new entrant in the crypto world, is poised for a significant price surge. Here’s an in-depth look at why these large-scale investors are flocking to Mpeppe (MPEPE) and what it means for the future of this promising coin. Dogecoin Whales Shifting Focus: The Mpeppe (MPEPE) Attraction Dogecoin (DOGE) has long been a favorite among meme coin enthusiasts and investors, largely due to its vibrant community and the humorous nature of its origin. However, a notable trend is emerging: Dogecoin (DOGE) whales, who have previously dominated the Dogecoin (DOGE) market, are now turning their attention to Mpeppe (MPEPE). This shift suggests that Mpeppe (MPEPE) is attracting serious attention from those who have successfully navigated the volatile world of meme coins. The reasons behind this growing interest are multifaceted, involving both the unique attributes of Mpeppe (MPEPE) and the evolving landscape of cryptocurrency investments. What Sets Mpeppe (MPEPE) Apart from Dogecoin (DOGE)? Mpeppe (MPEPE) represents a unique blend of sports enthusiasm, blockchain innovation, and meme culture. Here’s why it stands out: – Sports and Blockchain Fusion: Mpeppe (MPEPE) has seamlessly merged the passion of sports, particularly soccer, with the transformative potential of blockchain technology. Inspired by the success of Pepecoin and the global appeal of professional soccer player Kylian Mbappé, Mpeppe (MPEPE) aims to create a vibrant community that celebrates both sports and cryptocurrency. – Innovative Tokenomics: Unlike traditional meme coins like Dogecoin (DOGE), Mpeppe (MPEPE) integrates advanced features such as decentralized finance (DeFi) protocols. This includes mechanisms for yield farming, liquidity mining, and decentralized governance, which provide added utility and could attract a broader investor base. – Community-Driven Vision: Mpeppe (MPEPE) focuses on fostering creativity and wealth creation through strategic community planning. This vision aligns with the growing trend of cryptocurrencies that emphasize community engagement and participatory growth. The Potential for a Price Surge With Dogecoin (DOGE) whales accumulating Mpeppe (MPEPE), the potential for a significant price surge is on the horizon. Here’s why this could be the case: – Market Momentum: The influx of large-scale investors often serves as a precursor to substantial price movements. As Dogecoin (DOGE) whales invest in Mpeppe (MPEPE), their actions could generate momentum that drives broader market interest and boosts the coin’s value. – Increased Visibility: High-profile endorsements and investments typically increase a coin’s visibility in the market. As more investors become aware of Mpeppe (MPEPE), the coin’s market capitalization and trading volume are likely to rise. – Strategic Positioning: Mpeppe (MPEPE) is positioned to capitalize on the intersection of sports and blockchain, a niche that has yet to be fully explored by existing cryptocurrencies. This strategic positioning could help Mpeppe (MPEPE) attract new users and investors seeking innovative investment opportunities. Conclusion: Is Mpeppe (MPEPE) the Next Big Thing? Dogecoin whales are accumulating Mpeppe (MPEPE), a cryptocurrency with a unique blend of sports enthusiasm, blockchain technology, and meme culture. This shift in the market could lead to a price surge, making it crucial for investors to stay informed about market trends and community developments. 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 remarkable display of confidence in the emerging crypto market, an Ethereum (ETH) whale has invested a staggering $1.5 million in two of the most talked-about ICOs of the year: Pepe Unchained (PEPU) and Mpeppe (MPEPE). This move has sent ripples through the crypto community, particularly among Ethereum (ETH) enthusiasts, who are closely watching the whale’s investment strategies. Ethereum Whale Shifts Focus to Emerging Tokens Ethereum (ETH) has long been a dominant force in the cryptocurrency market, serving as the backbone for countless decentralized applications and smart contracts. However, the recent price movements of Ethereum (ETH) have been a cause for concern among investors. After briefly rising, Ethereum (ETH) is now facing potential resistance levels, sparking fears of a possible downturn. As a result, some investors are diversifying their portfolios, seeking opportunities in promising new ICOs. The Appeal of PEPU and MPEPE The Ethereum (ETH) whale’s significant investment in Pepe Unchained (PEPU) and Mpeppe (MPEPE) signals a calculated strategy to tap into the expanding meme coin sector. Pepe Unchained (PEPU) stands out for its innovative approach, which combines the humor and community-driven spirit of meme coins with the practical benefits of advanced blockchain technology. By integrating Layer-2 capabilities, Pepe Unchained (PEPU) aims to overcome common issues like high transaction fees and sluggish processing times that plague many Ethereum-based tokens. This technological edge makes PEPU not just a meme coin, but a robust ecosystem that promises long-term value and functionality beyond its initial hype. On the other hand, Mpeppe (MPEPE) has quickly become a favorite among early investors due to its unique market positioning and strong presale momentum. The token’s distinct value proposition, which blends meme culture with emerging trends in the crypto space, has resonated with investors seeking to diversify their portfolios. MPEPE’s presale has shown impressive traction, underscoring the market’s appetite for fresh, high-potential projects that offer more than just speculative gains. The excitement surrounding Mpeppe (MPEPE) suggests that it could be on the cusp of becoming a major player in the meme coin arena, attracting attention from both retail and institutional investors alike. A Shift in Ethereum (ETH) Investment Strategy The whale’s move to invest in Pepe Unchained (PEPU) and Mpeppe (MPEPE) represents a broader trend among Ethereum (ETH) holders who are increasingly exploring opportunities in the ICO space. This shift comes as Ethereum faces a complex market environment, where potential resistance and broader market volatility have investors seeking new avenues for growth. By diversifying into promising ICOs like Pepe Unchained (PEPU) and Mpeppe (MPEPE), Ethereum investors are not just looking for quick profits, but also for projects that can offer sustainable returns and innovation within the crypto ecosystem. This trend highlights a changing mindset among Ethereum investors, who are beginning to look beyond the traditional top-tier cryptocurrencies. The investment in these emerging tokens suggests that even within the established Ethereum community, there is a recognition of the need to adapt and evolve investment strategies in response to the dynamic nature of the crypto market. As more investors follow this path, it could lead to a significant realignment of capital within the cryptocurrency space, with a greater emphasis on identifying and supporting projects that combine strong technological foundations with the viral appeal of meme culture. A Strategic Play for the Future The Ethereum (ETH) whale’s $1.5 million investment in Pepe Unchained (PEPU) and Mpeppe (MPEPE) underscores the potential for significant gains in the rapidly evolving crypto market. As Ethereum (ETH) holders watch the unfolding developments, the success of these ICOs could pave the way for more investments in similar projects. In conclusion, the whale’s bold move serves as a reminder that in the world of cryptocurrency, staying ahead of the curve often means taking calculated risks on new and promising ventures. With Pepe Unchained (PEPU) and Mpeppe (MPEPE) showing strong presale performances, they could very well be the next big players in the crypto space, offering substantial returns for early investors. 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
Turkey is seeing a wave of high interest from various crypto companies eager to provide their services to the Turkish people. The Capital Markets Board of Turkey has just put out a list of 47 crypto exchanges that want to set up shop in the country. Implementation of the “Law on Amendments to the Capital …
In a remarkable display of confidence in the emerging crypto market, an Ethereum (ETH) whale has invested a staggering $1.5 million in two of the most talked-about ICOs of the year: Pepe Unchained (PEPU) and Mpeppe (MPEPE). This move has sent ripples through the crypto community, particularly among Ethereum (ETH) enthusiasts, who are closely watching the whale’s investment strategies. Ethereum Whale’s Strategic Shift to Emerging ICOs Ethereum (ETH) has long held its position as a powerhouse in the crypto world, serving as the backbone for numerous decentralized applications and smart contracts. However, recent fluctuations in Ethereum’s price have led some investors to reconsider their strategies. Facing potential resistance levels, ETH’s market performance has sparked concerns of a possible decline, prompting seasoned investors to seek out new opportunities in the cryptocurrency space. This shift in focus has led some to explore promising Initial Coin Offerings (ICOs) that present high growth potential and innovative technology. Why the Focus on PEPU and MPEPE? The move by an Ethereum (ETH) whale to invest heavily in Pepe Unchained (PEPU) and Mpeppe (MPEPE) is a clear indication of the evolving trends in the market. PEPU, known as Pepe Unchained (PEPU), is gaining traction due to its forward-thinking use of Layer-2 solutions on the Ethereum network. This advanced approach is designed to improve transaction speeds, reduce fees, and offer a more refined user experience within the meme-coin sector. PEPU’s integration of cutting-edge technology with the playful appeal of meme coins makes it an attractive option for investors looking for both novelty and potential high returns. On the other hand, Mpeppe (MPEPE) has rapidly become a subject of interest among crypto investors. Its presale has shown strong momentum, with nearly all tokens in Stage 2 already claimed. The distinctive appeal of Mpeppe (MPEPE) lies in its innovative positioning within the meme-coin landscape, promising fresh opportunities for those looking to capitalize on the next big trend. MPEPE’s ability to attract significant interest highlights its potential to emerge as a leading player in the evolving world of cryptocurrency. The Implications for Ethereum (ETH) For Ethereum (ETH) itself, this whale’s investment move could signal a broader trend. As ETH faces potential resistance around $2,843, according to recent technical analysis, there’s a noticeable shift towards newer, high-growth opportunities like Pepe Unchained (PEPU) and Mpeppe (MPEPE). This suggests that while Ethereum remains a fundamental part of the crypto landscape, investors are increasingly seeking out new avenues for even higher returns. The move into these emerging tokens could very well shape the investment strategies of savvy crypto players in the near future. A Strategic Play for the Future The Ethereum (ETH) whale’s $1.5 million investment in Pepe Unchained (PEPU) and Mpeppe (MPEPE) underscores the potential for significant gains in the rapidly evolving crypto market. As Ethereum (ETH) holders watch the unfolding developments, the success of these ICOs could pave the way for more investments in similar projects. In conclusion, the whale’s bold move serves as a reminder that in the world of cryptocurrency, staying ahead of the curve often means taking calculated risks on new and promising ventures. With PEPU and Mpeppe (MPEPE) showing strong presale performances, they could very well be the next big players in the crypto space, offering substantial returns for early investors. 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
Ripple (XRP) is experiencing a significant resurgence in the crypto market, making a steady climb toward the $1 mark. Despite recent legal battles, including a hefty $125 million fine imposed by a judge, Ripple has managed to turn the tides in its favor. The Ripple (XRP) price has surged by an impressive 20% following the court ruling, with a weekly gain of 42%. This resurgence has renewed optimism among XRP holders, many of whom are now looking to capitalize on their gains by exploring new opportunities in the crypto space. One such opportunity that has caught their attention is Mpeppe (MPEPE), a promising new cryptocurrency with the potential for massive profits. Ripple (XRP) Bounces Back Amid Legal Challenges The recent legal battles have been a mixed bag for Ripple. While the $125 million fine was a significant blow, the outcome of the case was seen as a partial victory for the company and its supporters. Ripple’s XRP was not classified as a security, a key point of contention in the lawsuit brought by the SEC. This ruling has provided some clarity for XRP and its future, helping to drive its price upward. Ripple’s price rally has been described by some analysts as a “Dead Cat Bounce,” a term used to describe a temporary recovery in an asset’s price after a substantial decline. Despite the skepticism, on-chain data reveals that Ripple (XRP) demand remains strong, with investors taking advantage of the price surge. However, the market remains cautious, with the possibility of further declines on the horizon. The current market value-to-realized value (MVRV) ratio suggests that XRP may be overvalued, leading some investors to consider selling their holdings for profit. Mpeppe (MPEPE): The New Crypto on the Block As Ripple (XRP) continues to climb, many XRP holders are looking to diversify their portfolios by investing in new, high-potential cryptocurrencies. Mpeppe (MPEPE) has emerged as a top contender, offering the potential for substantial profits. This new gambling-focused meme coin is capturing the attention of investors with its unique value proposition and the promise of significant returns. Mpeppe (MPEPE) stands out in the crowded crypto market with its innovative approach to decentralized finance (DeFi) gaming. With a focus on gambling, MPEPE taps into a lucrative niche, offering investors a chance to participate in a rapidly growing sector. The smart contract address 0xd328a1C97e9b6b3Afd42eAf535bcB55A85cDcA7B ensures transparency and security for investors, further boosting confidence in this new token. Why XRP Holders Are Moving to Mpeppe The allure of Mpeppe (MPEPE) lies in its potential for exponential growth. With analysts predicting that MPEPE could offer huge returns, possibly even 1000x, it’s no wonder that XRP holders are flocking to this new token. The combination of XRP’s recent gains and the prospect of even greater profits with Mpeppe (MPEPE) is proving irresistible for many investors. Moreover, as Ripple (XRP) nears the $1 mark, some holders see Mpeppe (MPEPE) as a way to maximize their gains while diversifying their investments. With the crypto market known for its volatility, spreading risk across different assets is a smart strategy. Mpeppe’s focus on gambling and DeFi offers a unique opportunity that complements the more established presence of Ripple in the market. The Road Ahead for Ripple (XRP) and Mpeppe (MPEPE) As Ripple continues its journey towards $1, the crypto community will be watching closely to see if it can sustain its momentum. The recent legal victory has given XRP a boost, but challenges remain, and the market is still rife with uncertainty. For Mpeppe (MPEPE), the future looks bright. With growing interest from XRP holders and other investors, this new meme coin is poised to make a significant impact in the DeFi gaming space. The combination of innovative features, strong community support, and the potential for massive profits makes Mpeppe a compelling investment for those looking to capitalize on the next big thing in crypto. In conclusion, as Ripple (XRP) inches closer to the $1 milestone, its holders are increasingly turning to Mpeppe (MPEPE) as a way to amplify their profits. The blend of established strength in XRP and the exciting prospects of Mpeppe offers a dynamic duo for investors looking to navigate the ever-changing 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
Amid this market volatility, the overall cryptocurrencies are experiencing a massive rally including top assets such as Bitcoin (BTC) and Ethereum (ETH). During this uptrend, SUI is making a wave following its bullish chart and significant price surge in the last 24 hours. SUI price analysis As of writing, SUI is trading near $0.86 and …
Discover the telltale signs of a true crypto veteran through market crashes, memecoins, and the highs and lows of digital gold.
ERC-7683 aims to standardize cross-chain trade execution, enhancing interoperability between decentralized networks.
Institutional investors have already shown how bullish they are on Bitcoin (BTC) and the broader cryptocurrency market, as they have continued to accumulate with USDT, especially during every dip. This bullish sentiment was again on display as this institutional investor sent $445 million USDT to exchanges to buy more crypto. Cumberland Sends $445 Million USDT To Exchanges The on-chain analytics platform Lookonchain revealed in an X (formerly Twitter) post that crypto trading firm Cumberland has deposited the $445 million it received from the Tether Treasury into different exchanges. Data from the on-chain analytics platform Arkham Intelligence shows that Cumberland used the USDT funds to buy more crypto, with Bitcoin accounting for most of the firm’s purchases in the last 24 hours. Related Reading: Ripple Vs. SEC Lawsuit Ends: Will The XRP Price Cross $3 Once More? During this period, Cumberland has withdrawn a significant amount of Bitcoin from various exchanges, including Coinbase, Robinhood, and OKX, among others. This development coincides with the flagship crypto’s recent break above $60,000, highlighting the increased buying pressure that Bitcoin has witnessed thanks to institutional investors like Cumberland. The Spot Bitcoin ETF issuers have also bought a significant amount of Bitcoin in the last 24 hours, thanks to the net inflows recorded on August 8. Data from Farside Investors shows that these funds witnessed net inflows of $194.6 million that day. This was the second consecutive day of net inflows for these funds, having witnessed inflows of $45.1 million on August 7. Some other investors, including retail investors, showed confidence in Bitcoin and the broader crypto market during this recent market crash. Lookonchain noted that Binance experienced a net inflow of $2.4 billion since the market drop on August 5. This includes a net inflow of $1.33 billion USDT and $519 million USDC, as these investors looked to buy more crypto and add to their positions. What Next For Bitcoin? Bitcoin is back above $60,000 following its drop below $50,000 on August 5. Considering there are still concerns on the macro side, there are fears that this Bitcoin rebound might be a relief bounce rather than a bullish reversal. However, crypto analyst Mikybull Crypto is convinced that Bitcoin has found its bottom and is set to enjoy an uptrend from here on. Related Reading: Crypto Analyst Identifies Mid-Cap Altcoin Set To Surge 1,100% In a recent X post, he again alluded to the Volatility Index (VIX), which he noted gives all signs that the macro bottom is in. He remarked that the next markup phase will be “violent.” In the meantime, Bitcoin holding above $60,600 will be key to confirming this bullish reversal. Crypto analyst Rekt Capital stated that continued stability above this level would allow Bitcoin to revisit the $65,000 price level over time. At the time of writing, Bitcoin is trading at around $60,900, up over 7% in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com
The US Securities and Exchange Commission (SEC) has signaled it will not appeal Wednesday’s ruling by Judge Torres in the legal battle with Ripple. The case concluded on August 7 with the company facing a civil penalty significantly less than the SEC originally demanded. Judge Torres’s decision mandated a $125 million civil penalty for securities […]
Despite capturing just 0.3% of retail bank assets, Hong Kong’s virtual banks are exploring opportunities in the Web3 space.
While a strategic Bitcoin reserve may be good for price action, the US Treasury controlling 19% of the BTC supply raises unprecedented centralization concerns.