The trading volume was largely boosted by new TradFi institutions, along with the launch of the first spot Ether ETFs.
In this ongoing bearish market sentiment, the Curve DAO (CRV) is gaining massive attention from investors and traders due to a significant price surge. Amid this upward momentum, a whale caught moving notable CRV tokens from Binance, as reported by an on-chain analytic firm Lookonchain. Whale moves 5.5 million of CRV from the exchange Today, …
The crypto market pulled back from the first-quarter's record highs during the three-month period.
The combination of political support, institutional adoption and favorable economic policies sets the stage for a potentially significant upward trajectory.
RippleX has announced that OpenEden will introduce tokenized U.S. Treasury bills (T-bills), a short-term government debt obligation backed by the U.S. Department of the Treasury, to the XRPL and its users for the first time. In the wake of this huge development, the XRP community has been issued an alert, as scammers might leverage the …
Former US president Donald Trump’s Bitcoin-themed sneakers have already sold out, according to the Trump Sneakers website. Launched on July 31, the 1,000 pairs of the bright orange version of the Bitcoin-themed sneakers were priced at $499 per pair for pre-order and, within a few hours of their release, were all sold out. The site […]
The post Trump’s $499 Bitcoin-themed sneakers sell out swiftly, resell prices spike to $2500 appeared first on CryptoSlate.
The Dogecoin price reaching double-digits remains a dream for its die-hard community, despite the meme coin failing to claim $1 even till now. Nevertheless, expectations that Dogecoin will eventually cross $10 remain high as one analyst has given reasons why the largest meme coin by market cap is set to surge by more than 7,200%. Dogecoin To Stage A Log Breakout Crypto analyst Javon Marks took to X (formerly Twitter) to share an interesting development on the Dogecoin chart. Marks points out that a Log Breakout could be on the horizon for the meme coin, which could lead to a massive surge in price. Related Reading: Hedge Fund Manager Says Bitcoin Price Will Reach $428,000 If This Happens The reason for the analyst’s optimism toward the Log Breakout are what transpired for Dogecoin the previous two times that it has appeared. The first time this Log Breakout was completed for DOGE was back in the 2017-2018 bull market. This resulted in a 9,472% price increase, taking Dogecoin from a low of $0.0002 to a high of $0.01858. Then again, in the 2020-2021 bull market, Dogecoin would undergo another Log Breakout, this time leading to an even more prominent rally than before. This was the legendary 28,882% rally of 2021 when the DOGE price went from $0.0012 to almost $0.74. Given this historical performance and taking into account that breakouts like these often rhyme with their previous appearances, the crypto analyst believes that the Dogecoin price is set to undergo another major rally soon. How Far Can DOGE Rise? In his analysis, Marks presents his own expectations for the Dogecoin price should the Log Breakout be completed. According to the chart shared in the X post, Marks expects an at least 7,200% increase in the DOGE price from the current level. This would put the meme coin above $10 for the first time in history. Related Reading: This PEPE Holder Cohort Is The Reason Price Is Struggling To Reclaim $0.00002 The crypto analyst explains that each Log Breakout has led to a larger rally than the last, so this could mean that the DOGE price could rally higher. However, with the Dogecoin market cap already so large, such immense rallies could be hard-fought from here. In addition to Dogecoin, Shiba Inu is another meme coin that the crypto analyst is bullish on. In an earlier analysis, Marks pointed out that the second-largest meme coin by market cap had confirmed a macro Hidden Bullish Divergence. Given this, he expects that the Shiba Inu price could rise 354% from its current level to reach its all-time high levels around $0.000081. Featured image created with Dall.E, chart from Tradingview.com
BlackRock iShares Bitcoin Trust (IBIT) dominates the BTC ETF market. The asset manager has released its latest figures detailing the current holdings in Bitcoin. Notably, the total current holding stands at 342,658.96610 BTC, based on when the market price traded for $65,770 per BTC. At this value, BlackRock’s Bitcoin holding is a massive $22,537,283,282.30 as …
A Deribit report underscores Ethereum’s resilience at $2,860, pointing toward potential highs driven by recent ETF approvals.
As the protest continues, whether crypto-specific demands will be integrated into the broader movement’s objectives remains to be seen.
Futu Securities International, the leading online brokerage in Hong Kong, has introduced retail crypto trading services in the city. This strategic initiative is part of a broader effort to attract more investors amid a crypto bull market. It also incentivizes the opportunity with Nvidia and Alibaba stock rewards. Futu’s announcement on Thursday, August 1, revealed …
The Bank of England has decided to cut interest rates by 25 basis points moving it from 5.25% previously to now at 5.0%. This is the first time in four years, since the onset of the COVID-19 pandemic in 2020, that the Bank of England has chosen to pivot from its monetary tightening policy amid …
In the memecoin sector, making a quick profit is nothing new. However, one trader’s recent success has sparked both admiration and suspicion. This trader turned an $8.5K investment into a massive $802.5K profit in just one hour by buying a Solana-based memecoin called “CTO.” While some people say he had insider information, others think he’s …
Traders on Binance are taking advantage of the chance to purchase the decline of Bitcoin. Recent data shows that almost 70% of such traders are long on BTC, demonstrating a very bullish attitude. As of Aug. 1, 2024, 69.3% of accounts had long positions and 30.7% had short positions, according to Binance’s orders distribution. This …
Sitting on the sidelines during the democratic process means you can't complain about the result, the CEO and co-founder of a DAO vote-counting protocol argued in an interview.
With a speech at a private event at the Bitcoin 2024 conference on Friday, former Fox News host Tucker Carlson ignited a firestorm within the Bitcoin community by alleging that cryptocurrency was in fact developed by the Central Intelligence Agency (CIA). While championing Bitcoin’s transformative potential for financial sovereignty, Carlson suggested its origins might be […]
Crypto struggles to reach beyond its base. With ETFs now live, financial advisers are key to wider adoption.
The strategic funding round included a16z, Coinbase Ventures, Variant, Pantera and Brevan Howard.
Ark Invest has offloaded another 12,077 Coinbase shares on Wednesday, worth $2.7 million. ARK’s latest Coinbase dump follows ARKW’s recent sale of 16,758 COIN shares on July 19. At the time of the sale, the transaction netted $4.3 million, with COIN trading at around $257. Ark’s investment strategy generally aims to avoid individual holdings taking …
The European Securities and Markets Authority warns crypto companies operating globally of the potential risks that may arise while seeking authorization under MiCA.
ICP dropped by 5.3% and RNDR fell by 4.1% in overnight trading.
Yet again the crypto markets plunge at the beginning of the fresh monthly trade. Previously, when the markets began the monthly trade on a bearish note, the Solna (SOL) price faced an 18% to 20% pullback and almost tested the lower support at $120. If a similar price action reciprocates, then the Solana price is …
Cathie Wood’s crypto investment firm ARK resumed selling the Coinbase stock amid the Bitcoin price push in July.
Doge Designer, a member of the DOGE team and an insider from the X app has shared that the social media platform intends to launch its own X-TV app soon. The DOGE community reacted to that news with a wave of excited comments as they anticipate the X app to continue evolving into the “ultimate …
In 2024, the Solana ecosystem has become a major player in the crypto market. The Solana token (SOL) has increased over 10x from its bear market lows, nearing its all-time high in market cap. Tokens within the Solana ecosystem, like Jupiter, Render, and WIF, have also seen impressive gains. Crypto analyst and trader Miles Deutscher …
Giovanni Santostasi’s Bitcoin Power Law model suggests Bitcoin’s price will not fall below $30,000 again, indicating a floor for future valuations. The model shows Bitcoin’s price trajectory will continue to rise, with its current ‘fair price’ at $86,339 and potential ceiling at $332,543. As depicted in the charts from Bitbo, the model uses linear regression […]
The post Bitcoin power law model suggests $30K floor, $1M potential this cycle appeared first on CryptoSlate.
While one X user described the trader as a memecoin hunter, others alleged that the trader had insider information.
Certain tokens are standing out for their potential to deliver substantial returns. Among these, Cardano (ADA) and Mpeppe (MPEPE) are gaining significant attention. Both offer unique opportunities for investors looking to secure their positions before prices potentially soar to $1 and beyond. This article explores why these tokens are attracting interest and how they might […]
The cryptocurrency market is witnessing an exciting development with the rise of Mpeppe (MPEPE), a unique fusion of sports passion, blockchain innovation, and meme culture. Ethereum (ETH) investors are playing a significant role in this surge of popularity, recognizing the potential and transformative power of Mpeppe (MPEPE). This article explores the reasons behind the growing interest in Mpeppe (MPEPE) among Ethereum enthusiasts and its implications for the future of cryptocurrency. The Fusion of Sports, Blockchain, and Meme Culture Mpeppe (MPEPE) represents a movement that embodies the fusion of sports passion, blockchain innovation, and the transformative power of meme culture. Inspired by the vibrant energy of soccer fandom and the viral nature of internet memes, Mpeppe (MPEPE) invites individuals to join in redefining the future of community wealth creation and cryptocurrency. This unique combination has captured the imagination of many Ethereum (ETH) investors, who see the potential for Mpeppe (MPEPE) to become a major player in the crypto world. The Role of Ethereum (ETH) in MPEPE’s Success Ethereum (ETH) provides the robust blockchain technology that underpins Mpeppe (MPEPE), ensuring secure and transparent transactions. The flexibility and scalability of Ethereum make it an ideal platform for innovative projects like Mpeppe (MPEPE). Ethereum’s smart contract capabilities allow for automated processes, enhancing the functionality and user experience of Mpeppe (MPEPE). This strong technological foundation has attracted Ethereum investors, who are eager to support a project that leverages the best aspects of ETH. Community Wealth Creation Through Blockchain Innovation Mpeppe (MPEPE)’s vision of community wealth creation aligns closely with the ethos of Ethereum (ETH), which has long championed decentralized and inclusive financial systems. By integrating decentralized finance (DeFi) protocols, Mpeppe (MPEPE) offers users access to a wide range of financial services without traditional intermediaries. This includes opportunities for staking, yield farming, and liquidity mining, all powered by Ethereum’s robust blockchain. Ethereum investors see this as a natural extension of their commitment to supporting innovative and impactful blockchain projects. Redefining Soccer Fandom in the Digital Age Mpeppe (MPEPE) is not just a cryptocurrency; it’s a movement that seeks to redefine soccer fandom in the digital age. By combining blockchain technology with a passion for soccer, Mpeppe (MPEPE) creates a dynamic platform for fans to engage, trade, and participate in sports-related activities. Ethereum’s (ETH) versatility and widespread adoption make it the perfect backbone for this ambitious project. Investors in Ethereum recognize the potential for Mpeppe (MPEPE) to revolutionize how sports fans interact and create value in the digital world. The Impact of Ethereum Investors on MPEPE’s Popularity The support of Ethereum (ETH) investors has been crucial in driving the surge in Mpeppe (MPEPE)’s popularity. Their investment and endorsement provide credibility and visibility, attracting more users to the platform. Additionally, the technical expertise and innovative mindset of the Ethereum community contribute to the ongoing development and improvement of Mpeppe (MPEPE). This collaborative effort between Ethereum investors and Mpeppe (MPEPE) developers creates a strong foundation for future growth and success. In summary, Mpeppe (MPEPE)’s surge in popularity is driven by its unique fusion of sports passion, blockchain innovation, and meme culture, all supported by the robust technology of Ethereum (ETH). Ethereum investors recognize the transformative potential of Mpeppe (MPEPE) and are contributing to its success, making it a project to watch in the ever-evolving cryptocurrency 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
In an interview with the hosts of “Altcoin Daily,” a popular cryptocurrency-focused YouTube channel, Charles Hoskinson, the founder of Cardano, made bold assertions about the future of Cardano in relation to Bitcoin. Addressing nearly 1.5 million subscribers, Hoskinson laid out a vision for Cardano that he believes will not only compete with but eventually surpass Bitcoin as the world’s leading cryptocurrency. Why Hoskinson Believes Cardano Will Flip Bitcoin Hoskinson’s argument hinges on the unique attributes of the Cardano ecosystem, which he claims will drive its growth to surpass Bitcoin. He outlined a comprehensive strategy that leverages global adoption and technological superiority to position Cardano at the forefront of the crypto space. “If we can do what I’m saying, there’s no way to beat Cardano,” Hoskinson claimed, adding, “At the end of the day, it has lived up to what Satoshi started.” Related Reading: Institutional Investors Show Interest In Cardano, Triggering 300% Surge He drew attention to the global efforts underway to integrate Cardano into various economic and political systems. These efforts, according to Hoskinson, are not isolated but part of a coordinated push to establish Cardano’s utility across continents. “Some people are in Argentina right now and they’re fighting like hell to get the Argentine government to adopt some things. Some people are in Ghana right now fighting like hell to get the Ghana government to do things,” he elaborated. Elaborating on the dynamics to build a system of global size, Hoskinson claimed: “So if you build a growth engine that doesn’t lose its people and it’s always adding people and you build a growth engine where you can absorb all the technology of your competitors at some point, you just outgrow and then you wake up and it’s a multi-trillion dollar ecosystem with trillions of dollars of value moving around around every single day.” Related Reading: Cardano Among Alts Likely To See Price Boosts, Santiment Says Central to Cardano’s strategy is the empowerment of a decentralized community that actively contributes to the platform’s development. Hoskinson detailed the operational dynamics within the Cardano ecosystem, noting the presence of over 300 decentralized applications (dApps) that are not only live but thriving. “Every one of them has a team and a CEO and all kinds of people, and they’re fighting like hell to get their stuff growing,” he emphasized. Bitcoin = MySpace? The Cardano founder stressed the importance of designing systems that bring communities together to take collective action towards common goals. This community-centric approach, he argued, is what will ultimately enable Cardano to “flip” Bitcoin. He asserted that Bitcoin’s current value proposition mirrors that of legacy technologies like Yahoo and Myspace, which dominated their markets until they were disrupted by more adaptable and innovative competitors. “Bitcoin stalled. The only value proposition it has is it’s big and successful, that’s it. It’s not some new technology, it’s not some new capability, it’s not the fact that it’s super easy to use it to go and do something interesting. It’s big and successful, that’s what Yahoo’s value proposition was. […] That’s what Myspace’s value proposition was. Network effects don’t mean anything in technology,” Hoskinson said. The Cardano founder also discussed the upcoming release of Midnight, a new development in the Cardano network, which he believes will catalyze the addition of hundreds of partner chains. “There’s people wanting to be partner chains and once Midnight is out and if it’s successful, there’ll be hundreds of partner chains coming and people are building and launching,” according to Hoskinson. In conclusion, Hoskinson reiterated his belief in the foundational principles of decentralization, first principles thinking, and the creation of an incentivized, integrity-preserving system. These elements, he asserted, are essential for building a technological infrastructure that can serve as the voting, payment, and identity systems for countries worldwide. “The only way is embracing decentralization, first principles thinking, preserving the Integrity of your system and creating the right incentives for millions of people who don’t know each other to come and use that technology in the right way and also the ability to absorb new ideas.” At press time, ADA price stood at $0.3855. Featured image from YouTube / Charles Hoskinson, chart from TradingView.com