Recently, Dogecoin (DOGE) whales have turned their attention to a new Ethereum (ETH) ICO, Mpeppe (MPEPE), and it’s creating quite a buzz in the DOGE community. With its innovative features and promising potential, Mpeppe (MPEPE) is quickly emerging as a hot topic among crypto enthusiasts and investors alike. Here’s why Dogecoin (DOGE) whales are making their move and what makes Mpeppe (MPEPE) a standout opportunity. Dogecoin (DOGE) Whales Pivot to Mpeppe (MPEPE): A Strategic Shift Dogecoin (DOGE) has long been a favorite among meme coin investors, but recent developments suggest that even the most dedicated DOGE enthusiasts are exploring new frontiers. The latest shift has seen Dogecoin (DOGE) whales investing in Mpeppe (MPEPE), an Ethereum (ETH) based ICO that’s capturing attention for its unique approach and potential. This move indicates a growing confidence in Mpeppe (MPEPE) and its ability to deliver impressive returns. The Excitement Around Mpeppe (MPEPE): Why It’s Catching the Eye of DOGE Whales So, what exactly makes Mpeppe (MPEPE) stand out in the crowded crypto space? The answer lies in its innovative integration of decentralized finance (DeFi) elements. Unlike many traditional tokens, Mpeppe (MPEPE) incorporates features like yield farming, liquidity mining, and decentralized governance. This not only enhances its utility but also aligns it with the evolving trends of decentralized finance, making it an attractive option for savvy Dogecoin (DOGE) investors. Decentralized Finance (DeFi) Meets Memecoin Magic: The Mpeppe (MPEPE) Advantage Mpeppe (MPEPE) is not just another ICO; it represents a convergence of DeFi principles and meme culture. By leveraging the Ethereum (ETH) platform, Mpeppe (MPEPE) integrates DeFi mechanisms such as yield farming and liquidity mining, which provide additional layers of functionality and value. This combination appeals to Dogecoin (DOGE) whales who are looking for innovative investment opportunities that go beyond traditional meme coins. How Mpeppe (MPEPE) Is Reinventing the Memecoin Landscape Mpeppe (MPEPE) is more than just a new entrant in the ICO space; it’s a reinvention of what a memecoin can be. By harnessing the power of Ethereum (ETH) and incorporating advanced DeFi features, Mpeppe (MPEPE) is setting itself apart from other tokens. The project’s focus on community-driven growth and its innovative use of blockchain technology align with the interests of Dogecoin (DOGE) investors seeking new avenues for growth. What Dogecoin (DOGE) Investors Need to Know About Mpeppe (MPEPE) The Dogecoin (DOGE) community is abuzz with discussions about Mpeppe (MPEPE), reflecting the excitement and anticipation surrounding the new ICO. For Dogecoin (DOGE) investors, understanding the unique aspects of Mpeppe (MPEPE) is crucial. From its DeFi features to its integration with the Ethereum (ETH) network, Mpeppe (MPEPE) offers a promising alternative to traditional meme coins, potentially providing enhanced returns and new opportunities for growth. Conclusion: The Future of Memecoins with Mpeppe (MPEPE) The attention Mpeppe (MPEPE) is receiving from Dogecoin (DOGE) whales underscores its potential as a revolutionary memecoin. By blending DeFi features with the Ethereum (ETH) ecosystem, Mpeppe (MPEPE) is setting a new standard for what meme-based cryptocurrencies can achieve. As the Dogecoin (DOGE) community continues to buzz about this exciting ICO, the stage is set for Mpeppe (MPEPE) to make a significant impact in the world 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
Aurora's new products could significantly enhance DeFi and Web3 interoperability, unlocking Bitcoin's potential within the NEAR ecosystem.
The post Aurora unveils new products to connect Bitcoin and NEAR appeared first on Crypto Briefing.
The memecoin creation platform's record monthly income showcases the growing retail interest towards Solana-based memecoins like WIF and BONK.
ENor Securities, an exchange based in El Salvador, will offer Backed’s bTokens to retail investors in Latin America.
The company launched similar single-asset trusts for TAO and SUI and a fund that invests in a basket of decentralized artificial intelligence-focused tokens over the past month.
Jatinder Singh, 39, was jailed for three years after pleading guilty to the theft of $4.4 million after an erroneous Crypto.com refund.
Recent trading activities reveal that Ethereum is approaching a crucial point in its trading as it forms a bearish triangle pattern, signaling a potential significant breakout. If the cryptocurrency breaks below the lower boundary of this triangle, it could lead to a sharp decline towards the $2,160 target. This article aims to provide readers with a detailed technical analysis of Ethereum’s price action, emphasizing the importance of the bearish triangle pattern that has emerged on the charts. It will also explore how this pattern indicates a potential downward move toward the $2,160 support level. In the past 24 hours, Ethereum has gone up by 2.11%, reaching around $2,642, with a market capitalization of over $317 billion and a trading volume exceeding $21 billion at the time of writing. ETH’s market cap has increased by 2.32%, while its trading volume has surged by 33.62% Analyzing Current Price Actions Within The Bearish Triangle On the 4-hour chart, ETH’s price is currently trading below the 100-day Simple Moving Average (SMA) and is moving closer to the lower boundary of a bearish triangle, with several bearish candlesticks forming. This indicates a prevailing bearish sentiment in the market and suggests the potential for further price declines. Additionally, an examination of the 4-hour Composite Trend Oscillator reveals that both the signal line and the SMA line are currently in the overbought zone, with the signal line attempting to cross below the SMA line. This suggests that bearish pressure is building up for the cryptocurrency, potentially resulting in more price declines. On the 1-day chart, Ethereum remains below the 100-day SMA and, with a single bearish candlestick, is approaching the lower boundary of the bearish triangle. Given the current price action on the daily timeframe, it appears that bearish momentum is increasing, which could potentially lead to a price breakout. Finally, the composite trend oscillator on the 1-day chart also suggests a potential for continued bearish movement, with both the signal line and the SMA line in the oversold zone, showing no signs of crossing above. Potential Scenarios For Ethereum Following A Breakout If Ethereum’s current trading activities lead to a breakout below the bearish triangle, the price may continue to descend toward the $2,160 support level. When the crypto asset reaches this level and breaks below, it could lead to a further bearish move toward other lower levels. However, if Ethereum fails to break below, it might start moving toward the upper boundary of the bearish triangle. Should the cryptocurrency break above this upper boundary, ETH could continue to rise to test the $2,816 resistance range and possibly advance to challenge higher levels if the price surpasses this resistance. Featured image from iStock, chart from Tradingview.com
Kelp DAO's Gain Vault could revolutionize DeFi by simplifying and optimizing user engagement with L2 airdrops and diversified crypto strategies.
The post Kelp DAO unveils ‘Gain Vault’ to maximize L2 airdrop rewards appeared first on Crypto Briefing.
The Solana whale employed a dollar-cost averaging strategy, gradually selling tokens over time rather than making a single, large transaction.
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Prague, Czech Republic, 13th August 2024, GamingWire
While U.S. crypto insiders continue to pound away at a noncommittal Biden administration, a more urgent mission is developing to find out the digital assets views of Vice President Kamala Harris, though her dual life as vice president and presidential candidate may interfere with taking a strong stance.
The NYDFS is recruiting a policy specialist to address key crypto, DeFi, and AI issues within financial services.
The BTC market shows signs of seller dominance, FxPro's analyst said.
The Ethereum whale deposited 48,500 ETH to a cryptocurrency exchange in just over four weeks, during which Ether’s market cap shed approximately $80 billion.
In an escalation between Coinbase (NASDAQ: COIN) and the US Securities and Exchange Commission (SEC), the crypto exchange intensified its efforts on Monday, August 12, pushing for the SEC to release internal documents. This filing, a Reply Memorandum of Law by Coinbase, supports their motion to compel the SEC to fulfill discovery obligations. Last week, […]
The Solana price could also rally above $250, catalyzed by the incoming altcoin season, according to Hayes.
Amid the ongoing market turmoil, the Binance price has continued hovering close to its resistance/support level of $543, indicating a weak price action for the altcoin. However, the market sentiments display increased positive influence, indicating a potential bullish reversal in the coming time. With questions like “Will Binance Reach $1,000?” and “How high will the …
Hamster Kombat has been turning down offers by venture capitalists since its inception, despite which, the popular Telegram-based tap-to-earn game continues to record commendable success. Hamster Kombat rejects VC offers to protect player interests and avoid common Web3 funding pitfalls. It also intends to preserve the developer’s commitment to provide players with a rewarding experience …
Solana is among the tokens that have been closely monitored in recent times. Although the token has demonstrated massive price movements, the current trade setup suggests the price is close to beginning a fresh bearish trend. The token has remained stuck within a range for a prolonged period, which suggests the bulls are failing to …
Ethereum (ETH) faces potential bearishness as BlockTower Capital, a leading crypto venture capital firm, sold 9,232 ETH worth $25 million. According to LookonChain data, the sale was executed across multiple platforms, including FalconX, Cumberland, Wintermute Trading, and B2C2 Group. This large liquidation has fueled concerns within the crypto community, especially as it coincides with a …
The Canadian cryptocurrency trading platform ezBtc and its founder, David Smillie, defrauded customers by misappropriating 13 million Canadian dollars ($9.5 million) of their cryptocurrency investments and using the funds for gambling. The ezBtc platform, which went offline permanently around September 2019 and was dissolved in 2022, had claimed to store all its users’ crypto investments …
According to the analysts on the Discover Crypto YouTube channel (with 1.4 million subscribers), Cardano might surge to $5. This prediction starkly contrasts with the pessimistic views currently circulating within the broader cryptocurrency community, challenging recent headlines that have questioned ADA’s future viability. Why Cardano Could Hit $5 The analyst first addressed the negative sentiment surrounding Cardano, pointing out a series of bearish headlines from various crypto news outlets. He highlighted the contradiction between the public perception of Cardano as a “dead coin”t and the ongoing vigorous development activities within the Cardano ecosystem. “Despite what the mainstream media is portraying, the development activity on Cardano has been robust, ranking third among all cryptocurrencies,” the analyst asserted. This was further emphasized by recent data showing that developers continue to build and refine the platform, indicating a healthy and active development environment. Related Reading: Cardano Eyes $0.3389: Can Bulls Sustain ADA Above This Critical Level? Focusing on the forthcoming Chang hard fork, the analyst described this event as a pivotal moment for Cardano. “The Chang hard fork represents the most significant milestone in Cardano’s history,” he noted. He added, “Maybe articles are out there trying to suppress the price right before the price goes parabolic and just rallies to the upside potentially even $5 this cycle.” From a technical analysis standpoint, the analyst introduced the “breaker block pattern,” a less common but noteworthy technical chart pattern often used by traders. The breaker block pattern occurs when a corrective price block is fully retraced after a strong directional market move. This pattern is considered bullish as it typically indicates that after a period of price consolidation or correction, the original bullish trend has regained strength and is likely to continue. “We’re observing a classic breaker block formation in ADA’s chart, which historically precedes significant price rallies,” explained the analyst. Related Reading: Cardano Price Crash Below $0.3: Is It Time For You To Buy ADA? Coupled with this pattern, the analyst pointed to a promising stochastic RSI crossover on the monthly chart—a technical indicator often used to predict changes in momentum. “The stochastic RSI is about to cross, and this is a very bullish sign historically. When this blue line passes the orange line, it sets up previous rallies, which we can clearly observe if we look back at the charts,” explained the analyst. The discussion also extended to market dynamics, specifically the order book data for ADA, which showed a predominance of buy orders over sell orders. “A glance at the order book reveals a significant inclination towards buying rather than selling, suggesting a strong market consensus leaning towards a bullish trajectory for ADA,” he commented. In conclusion, the analyst urged viewers to look beyond the negative headlines and focus on the substantial foundational improvements and strong technical indicators that support a bullish outlook for Cardano. “Ignore the detractors and the negative press. The data, the developments, and the technical indicators all align to suggest that ADA is poised for a significant upward movement, potentially reaching as high as $5 in this cycle,” he concluded. At press time, ADA traded at $0.3379. Featured image from Shutterstock, chart from TradingView.com
TerraForm sought to "manipulate the open market for LUNA and UST in a manner that artificially inflated the price for the assets," it claims.
BTC price action has a habit of copying gold uptrends — but only after a few months of Bitcoin crab market.
The wildly popular Telegram game has apparently amassed millions of users since its April release.
Curve Finance’s CRV token emissions reduced to 162.7 million annually, while Curve DAO earnings surpass emissions for the first time.
Bitcoin is currently displaying a symmetrical triangle pattern on lower time frames. What this indicates is a potential for a significant price move. At present, Bitcoin is trading at $58,981.14. But, recent data shows mixed signals for its short-term trajectory. Recent Bitcoin Price Trends Over the past seven days, Bitcoin has risen by 6.4%, including …
Within the past week, an aggressive accumulation of 420 billion PEPE tokens in two transactions worth 3.13 million USDT has been made by a crypto whale identified as “cookislandstrust.eth”. This strategic move, starting at the height of the market dip on August 5, has returned a profit of $170,000—equating to a 5.5% gain. Related Reading: Ethereum Price Gains Strength, Outpaces Bitcoin With An 8% Surge Whale’s Big Appetite However, the whale’s action did not stop at PEPE. The same day, they bought nearly 3,000 Ether against 7.05 million USDT during the market slump for an unrealized profit of $534,000, up 7.58%. This double investment in wildly fluctuating PEPE and more stable Ethereum reveals how this whale precisely calculated its actions to generate the most from turbulent market situations. A whale named “cookislandstrust.eth” is trying to buy $PEPE at dip again! In the past 7 days, the whale has spent a total of 3.13M $USDT to buy 420B $PEPE on 2 occasions, including the big dump on Aug 5 and 2 hours ago, now making $170K (+5.4%). The whale also spent 7.05M $USDT… pic.twitter.com/QVnbW5AGYz — Spot On Chain (@spotonchain) August 12, 2024 Obviously, this big whale regards Ethereum as some form of fortress, especially when turmoil occurs within the markets. The move reflects a far greater sentiment the big guys have: Ethereum remains a safe bet, especially when quakes are experienced in the market. Now, this really shows how calculated this whole shift into various volatile and stable assets was on the part of that whale. Pepe: Market Response And Investor Sentiment “Cookislandstrust.eth” loves aggressive buying and has got the whole crypto community talking. Normally, when whales start to go upon bulk buying, people take it as a bullish signal. It simply denotes the fact that these big-time investors are of the view that the prices will go up in the future. Now, more than ever, it’s in the hands of the traders and market lovers to critically follow the price of PEPE in order to see whether this will be just the tip of the iceberg. Will the whale’s confidence start a larger trend of accumulation? Analyst Weighs In PEPE’s performance in the recent past has been nothing close to stable. The meme coin is quite volatile in its price swings, classifying it as one of the riskiest investments one can make. Yet it cautions some of the biggest investors, who buy into the hype or speculation. Well, just recently, Crypto Titans, a pseudonymous analyst, shared that PEPE could be set for a significant price move. The analyst noted that this formed a bullish pennant on the daily chart, therefore suggesting an extension of the uptrend. More so, a bullish flag pattern was further spotted on the 4-hour chart to indicate continuity of the momentum. Crypto Titans believe that if PEPE breaks out from both patterns, its price could dramatically skyrocket to $0.00000888 for a 100% increase from its current level. He also warned, though, that it could potentially mean a retest of lower support levels if this upper trend line doesn’t break, adding a level of uncertainty to the forecast. The actions of the whale mean that profits could pay off big, but they also show the risks involved in timing the market. Related Reading: Is Now the Time to Buy Bitcoin? Top Analysts Predict $150K Surge On The Horizon In a market downturn, analyst like cookislandstrust.eth will let you know what the sentiment is. While, certainly very risky, these tremendous buys that this whale made in PEPE and Ethereum do make a case for fast trades. That is the issue with the high volatility of crypto: what works for one whale doesn’t necessarily fit with what works for normal investors. Crypto Titans, on the other hand, remains optimistic about gains that PEPE would attain if certain patterns do materialize, but advises a degree of prudence. In this crypto market, the timing and the analysis are very essential but not sufficient. One has to be very cautious and do their own research because the strategies may not work out with everyone. Featured image from X/@rarepepe_dao, chart from TradingView
El Salvador is making headlines anew as it embarks on a landmark investment to revamp its port infrastructure, paving the way for the ambitious vision of its Bitcoin City. Related Reading: Tornado Cash Founder Appeals Conviction, Seeks $1 Million Help For Legal Mess Yilport Holdings, owned by a Turkish company, invested a whopping $1.6 billion […]