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Showing posts from February, 2024

Ripple: XRP on the Path to $1 Amid Two Crucial Signals

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With the digital asset market being led by Bitcoin’s (BTC) climb to $62,000, there is a lot of optimism surrounding other cryptocurrencies. Indeed, one emerging candidate for a similar rally could be Ripple, with XRP on the path to $1 thanks to two critical signals. Digital Asset analyst Dark Defender took to X (formerly Twitter) to share a rather interesting observation. Specifically, they noted that XRP had closed both above the daily Ichimoku Clounds, and within the bullish hammer. With a massive surge in sight, let’s explore exactly what that could mean for the digital asset. Also Read: Ripple: XRP Forecasted To Surge 200% XRP Bulls Could Be Set to Push Ripple Past $1 The past week has been immensely positive for the digital asset market. Bitcoin and Ethereum (ETH) have both led the way, with the former at its highest level since November 2021. Yet, many investors are anxiously awaiting what other tokens could benefit from the rising BTC. Subsequent...

Jeff Bezos Enters the Bitcoin Speculation Spotlight After Amazon Stock Sale

Jeff Bezos sells $8.5 billion in Amazon stock and meets Michael Saylor, sparking Bitcoin investment rumors. Mysterious 26,200 BTC transaction suggests a high-profile investor, possibly Bezos, could be entering Bitcoin. Bezos’s investment in Bitcoin is not backed by proof, making the speculation quite common within the crypto community. The cryptocurrency world is filled with speculation following several financial movements made by the founder of Amazon, Jeff Bezos, which have generated rumors that he might invest in Bitcoin. The chatter gained momentum after Apollo co-founder Thomas Fahrer hinted on X about Bezos’s recent activities, suggesting a significant move into the cryptocurrency space. Is Jeff Bezos piling into #Bitcoin right now? Mingling with Michael Saylor? ️ Just liquidated $8.5 billion in Amazon stock? ️ Sitting on cash? Unlikely, he's sharper than that. ️ Bitcoin's price pump, hinting at billionaire FOMO?️ Something's up...

Could SHIB Be the Next in Line After PEPE Delivered 178%?

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After making millions of gains from PEPE, a whale decided to SHIB. The AO, alongside the Supertrend, supported SHIB’s rise to $0.000015. Capital rotation and profit-taking could drive PEPE down to $0.0000027 . According to Spot On Chain, a whale made $3.47 million from Pepe (PEPE) after the meme coin hit an all-time high (ATH). Spot On Chain noted that the whale deposited all the 1.97 trillion PEPE tokens he owned to Binance, as gains on the holdings had increased by 135%. But after depositing the tokens, the whale bought 75.91 billion Shiba Inu (SHIB) tokens and withdrew them from Binance. After $PEPE reached new ATH, smart whale 0x37d deposited all 1.97T $PEPE ($6.06M) to #Binance ~7hrs ago, making $3.47M (+135%) if truly selling. Moreover, the whale withdrew 75.91B $SHIB ($893K) from #Binance for the first time ~1hr ago. Bullish for a $SHIB pump soon? Follow… pic.twitter.com/dEX9SgQXrR — Spot On Chain (@spotonchain) February 29, 2024 PEPE’s ...

NFT Frauds Keep On Rising – Another NFT Investor Has Lost 22 NFTs In A Phishing Attack

Hackers and scammers show no signs of slowing down their attacks against non-fungible tokens and crypto investors this new year. In yet another phishing attack, scammers have stolen twenty-two more non-fungible tokens from a crypto and NFT investor, asyl9.eth. NFT Investor asy19.eth Loses 22 NFTs In Phishing Attack In a February 27 blog post, Peckshield, a renowned blockchain security firm, confirmed that an NFT investor known as “asyl9.eth,’ fell victim to a phishing scheme, resulting in the theft of 22 NFTs, including his Cool Cat #2025 and Cool Cat #9330. #PeckShieldAlert asyl9.eth fell victim to a phishing scheme, resulting in the theft of 22 #NFTs including #CoolCat #2025 & #9330 pic.twitter.com/dPIrwzPsWl — PeckShieldAlert (@PeckShieldAlert) February 27, 2024 Established in 2018, PeckShield is a blockchain security company that provides comprehensive security audits for smart contracts, DeFi, exchange security, wallet security, and blockchain security....

ETH Rally Prepares Altcoin Market for a Bull Run: Analyst

Dan Gambardello thinks Ethereum and other top altcoins appear to be gearing up for a significant bull run. The analyst identifies a fading Bitcoin dominance as an indicator of a developing altcoin bull season. According to Gambardello, the lower the rank for cryptos in market cap, the higher their potential for percentage gains. According to Dan Gambardello, host of the Crypto Capital Venture YouTube channel, Ethereum and other top altcoins appear to be gearing up for a significant bull run. In a recently uploaded video, the renowned analyst spotted the dwindling Bitcoin dominance, among several other factors that support his bullish observation. Despite Bitcoin’s recent achievements, like breaking above $57,000, Gambardello thinks Ethereum is leading the way in the developing bull run. He highlighted Ethereum’s Relative Strength Index (RSI) on the monthly chart, marking its highest level since November 2020.  By showing similarities between the ETH R...

Dogecoin Price Prediction for Today, February 27 – DOGE Technical Analysis

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The Dogecoin price prediction may continue to show a bullish movement if the market could stabilize above the moving averages. Dogecoin (DOGE) Secures Fresh Listing on Prominent Japanese Cryptocurrency Exchange Dogecoin (DOGEUSD) has achieved a significant milestone with a new listing on Bitflyer, a major cryptocurrency exchange in Japan. The announcement, made via Bitflyer’s official X/Twitter handle, marks a significant step for Dogecoin, which has seen a surge in popularity and adoption since its inception in 2013. Starting February 29, 2024, Bitflyer will begin handling Dogecoin at its sales offices, further solidifying the cryptocurrency’s position in the market. Dogecoin Prediction Statistics Data: Dogecoin price now – $0.098 Dogecoin market cap – $14.2 billion Dogecoin circulating supply – 143.2 billion Dogecoin total supply – 143.2 billion Dogecoin Coinmarketcap ranking – #10 DOGE/USD Market Key Levels: Resistance levels: $0...

Bitcoin Hits $1T: Eyeing Gold’s Throne? Filecoin & Emerging AI Altcoin Gear Up for Notable Achievements

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Bitcoin ( BTC ) has been trending for days due to market-wide hype surrounding its upcoming halving event in 2 months. The token recently breached the $52,000 price, sparking speculations on the beginning of the long-awaited bullish run. In preparation for the halving, Bitcoin recently regained an ATH of $1 trillion in market cap. Since it hit this milestone, it’s almost like last week’s dip didn’t happen, as analysts reveal that BTC could be targeting gold’s position by the end of the decade.  As cryptocurrency interest heightens, investors’ attention has been focused on Filecoin ( FIL ) and InQubeta (QUBE) . On top of bullish prices, Filecoin recently partnered with Solana (SOL) to create a blockchain storage solution. Meanwhile, the viral AI token QUBE has enjoyed high demand during its ongoing presale event. According to investors, both altcoins are moving at such a rapid pace that it positions them for one of their biggest ...

This US politician just sold nearly $1 million worth of crypto

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Insider trading has been a longstanding concern in US politics, primarily around stock trading. However, US Representative Shri Thanedar recently revealed a sale of nearly $1 million worth of crypto currencies, shedding light on a new dimension to this issue. Thanedar sold $500,000 worth of Bitcoin (BTC), $250,000 worth of Ethereum (ETH), and $50,000 worth of Litecoin (LTC). What makes these sales intriguing is the notable price increases these cryptocurrencies experienced over the past month. Capitol Trades data reveals that the sales took place on February 5, were reported 18 days later on February 23, and subsequently published on February 26. Picked for you $1,000 invested in Bitcoin (BTC) at start of 2024 returned 52 mins ago Bitcoin on parabolic trajectory, on track to hit $200k soon 1 hour ago We asked ChatGPT-4 what will be Bitcoin price after 2024 halving 20 hours ago Kusama reveals BEEFY upgrade to enable seamless blockchain verification on E...

Is Sponge V2 The Top Altcoin To Invest In, As Staking Exceeds $12 Million?

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Sponge V2 innovates the market with unique strategies for transaction fees, liquidity, and staking, building on its predecessor’s success. Although Sponge V2 maintains the appealing viral meme coin aspect of its previous iteration, the second version introduces token utility, potentially resulting in sustained demand over the long run. Sponge was introduced to the market in May 2023. Early investors in Sponge observed a comparable upward trend to PEPE, as the coin surged to a $100 million market cap, yielding returns of up to 100x for holders. The meteoric rise was enabled by listings on over ten prominent exchanges including MEXC, LBank, Poloniex, Gate.io and more. Sponge has more than 13K token holders and supported by 30K social media followers. $SPONGE then pulled back alongside other meme coins but exploded following the V2 announcement. Subsequently, $SPONGE retraced in line with other meme coins but experienced a surge following the announcement of V2. However, currentl...

Meme Coin Communities Gear Up for the CoinMarketCap Crypto Awards

Dubai, UAE, February 26th, 2024, Chainwire CoinMarketCap’s Crypto Awards 2024, the first edition of a new annual event, is captivating the global crypto community. This is especially true for the Meme Coin Of The Year category, where voting has become a battleground for the most passionate and vibrant communities in the crypto space. Fans of Pepe, Bonk, Milady, Memecoin, and ORDI would love to see their token crowned as Meme Coin of the Year by CoinMarketCap, the ‘Home Of Crypto’ and world’s most trusted source of crypto data. But for many crypto enthusiasts, it’s not just about the value of the coins, but identifying with the specific cultural narratives that fuel each community. Pepe – When Pepe the Frog first appeared online in 2005, nobody could predict how huge he would become. What started as a meme morphed into an internet icon embraced by all online communities. The launch of Pepe coin in 2023 turned nearly 20 ye...

Top Trending Crypto Coins on DEXTools Today – Upai, Coti, Moros Net 

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The significant departure of BTC from centralized exchanges leaves a shortage of the ts in the market. Thus, traders can excerpt a twist in the market trend as the new week unfolds. Similarly, many new cryptocurrencies are beating their path to the top trending cry[pto coins on DEXTools. The development is traceable to investors looking to capitalize on new assets to earn sizable ROI at lower costs. While the strategy works in the short run, it poses a considerable risk to capital. Top Trending Crypto Coins on DEXTools Today  Alternatively, presale projects like Bitcoin Minetrix offer discounted tokens to investors with a premix. Investors can look at the data and trends of the presale offering to predict the prospect of the token. The info below contains a quick overview of the BTCMTX presale and how investors are warming up to its claims. 1. MOROS NET (MOROS)  MOROS, the cryptocurrency of the Moros Net, recently made its mark as a token to watch with over 250% of giants...

Institutions Buying Top-Tier Cryptos, But 100X Returns Are Only In Presales Like $GFOX

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Since the massive Bitcoin price dip in 2022, market analysts, enthusiasts, and investors have anticipated a major bullish run for the famous Crypto currency. Statistics so far for 2024 suggest that $BTC will cross new territories in 2024. It is, however, still unclear how far $BTC will go and the potential profits for investors. While skepticisms about $BTC’s price continue, there has been more optimism that new memecoins like $GFOX will be investors’ best bet in 2024. Major Crypto Investments in 2024 Data from the crypto market has shown that $BTC is enjoying a price resurgence. Since the SEC approval of a Bitcoin ETF in January, $BTC has experienced major price changes with ripple effects across the crypto space. With $BTC’s price at almost $52,000, more investors and whales have begun to show interest in the crypto market. One of the major investors in February 2024 is Peter Thiel. The popular billionaire, who has been active in the financia...

STRK Surges After StarkWare Amends Airdrop Plan Following Investor Backlash

The Starknet price surged after StarkWare amended its STRK airdrop plan in response to a backlash from investors triggered by its original token unlock schedule. The original plan would have allowed some early investors to unlock 1.3 billion tokens worth more than $2.6 billion on April 15, prompting fears of a steep selloff. Under the revised plan, 0.64% of tokens worth about $125.5 million will unlock on April 15, compared to more than 13% under the original plan. After that, 64 million STRK tokens will be introduced to the circulating supply on a monthly basis until March 2025. That cap will then be increased to 127 million STRK per month for the following two years. “We value this community and want to earn its trust by building great tech that embodies blockchain values and stands the test of time,” StarkWare said in a Feb. 22 post on X. “Under the new unlock plan, 580 million tokens held by early contributors and investors will be unlocked by the end of 2024,...

Rollbit Rival TG.Casino Goes Live On Web, Telegram Casino Betting Roars Past $250m

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TG.Casino has released its much-anticipated web version of its acclaimed casino as all-time wagering soars past $250 million in the Telegram casino. The new web casino will revolutionize TG.Casino’s offering as it goes head to head with competitor Rollbit, enabling it to reach a wider audience. An explosive acceleration in new user growth is expected.  Spreading its wings to the web also provides TG.Casino with another building block in its tech stack, enabling it to facilitate the release of a suite of pioneering new Features to enhance the user experience in ways never seen before. Newcomers can sign-up with TG.Casino on the web today to take advantage of the 200% rakeback welcome bonus and 50 free spins with no wager requirements. By all accounts, web onboarding is progressing at a blistering pace, buoyed by the reputation for probity, instant payouts and tip-top customer service. TG.Casino ranks among the top licensed gambling products...