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Showing posts from February, 2024

Crypto price predictions: Bitcoin Dogs, Bitgert (BRISE), WAXP

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Cryptocurrency price s had a fairly successful week as demand continued rising and as a sense of greed emerged in the market. Bitcoin jumped to over $60,000 while other coins like Dogecoin, Shiba Inu, and Bonk went parabolic. In all, this surge added billions of dollars in the total valuation of all cryptocurrencies. This article provides a forecast for some of the top cryptocurrencies like  Bitcoin Dogs , Bitgert (BRISE), and WAXP. Bitgert (BRISE)  price forecast Bitgert , like other cryptocurrencies, had a strong performance this week as its token suddenly woke up. The BRISE token surged to a high of $0.00000020, its highest point since December 29th of last year. It has jumped by about 50% from its lowest level this year. Along the way, the coin has jumped above the 50-day moving average, signaling that bulls are now in control. Most importantly, there are signs that the token formed a double-bottom pattern at $0.00000013. In most cases, this patte...

Spot Bitcoin ETFs shatter trading record with $7.69 billion

Spot Bitcoin ETFs recorded a staggering $7.69 billion in trading volumes on February 28. Top ETF volumes were with BlackRock’s IBIT, Grayscale’s GBTC and Fidelity’s FBTC. Bitcoin price also rose sharply on Monday, hitting highs of $64k before paring gains amid Coinbase network issues. Relentless demand for the recently approved spot Bitcoin ETFs has pushed the trading volumes to a new record. On Wednesday, the US spot Bitcoin ETFs saw an incredible $7.69 billion in volume. According to market data tracking the performance of these products, Wednesday’s huge trading volumes shattered the previous day’s nearly 2x. Leading the charge as has happened in recent weeks is BlackRock’s iShares Bitcoin Trust (IBIT), with over $3.3 billion to account for nearly 44% of the total volume. IBIT did more than $1.3 billion on Monday. Grayscale’s Bitcoin Trust (G BTC ) and Fidelity’s Bitcoin Fund (F BTC ) also hit past the bill...

ARKMining: The Best Mining Way for Passive Income in 2024 and Achieve Financial Freedom

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ARKMining , one of the world's leading computing power providers, announced the public release of its revolutionary cloud mining platform, providing cryptocurrency investors with a convenient and efficient cryptocurrency mining experience. Cryptocurrencies have changed the way we generate income, and mining digital currencies is becoming increasingly popular. However, setting up mining equipment and managing mining operations can be daunting for novice miners. With ARKMining's advanced cloud mining solutions, investors can earn passive income without purchasing and maintaining physical mining equipment. The main advantages of ARKMining include: Sign up and get an instant $50 bonus. High profitability levels and daily payouts. No other service or administrative fees. You can generate more than six other currencies using the platform. The company’s affiliate referral program allows you to refer friends and earn up to a 3.5% referral bonus. ...

Judge ‘still investigating’ potentially forged emails in Craig Wright trial

A journalist contacted a court clerk about documents introduced this week. Judge Mellor decided to reserve judgment about disclosing and/or allowing those documents as public evidence until the trial’s final verdict. The co-author of a joint statement on the software program used to create the original Bitcoin whitepaper, Arthur Rosendahl, took the stand as a witness. Wright’s legal team accepted certain conclusions regarding the Madden Report. The Coinbase, Kraken, Block, and MicroStrategy-backed Crypto Open Patent Alliance ( COPA ) is suing Craig Wright in the highest court in London. By the end of the trial , the High Court of Justice will determine whether Wright may assert authorship and copyright ownership over Bitcoin ’s whitepaper. Wright believes he is Satoshi Nakamoto and wrote the paper himself. COPA argues he’s ‘faketoshi.’ Central to COPA’s argument is an alleged forgery created using LaTeX, an advanced document editor based on a 1978 typesetting...

Can PEPE Maintain Its Bullish Momentum Amidst Increasing Whale Activity?

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PEPE coin skyrockets by 60%, and Whales profit by selling 1.98T coins for $4.37M. Idle for 650+ days, a wallet cashes out 1.03T PEPE pre-hike, nets $1.34M. PEPE’s active wallets surged 85%, and transactions over $500K spiked, indicating robust market interest. The Pepe (PEPE) coin took a massive leap in value with a jump of over 60%. This sharp price increase has been accompanied by a wave of profit-taking by large holders, causing massive sales and profits in the ecosystem.  PEPE/USD 24-hour price chart (source: CoinStats) Concurrently, PEPE’s bullish momentum has had the upper hand, with the price up 35% at press time, trading at $0.000002842. During the rally, PEPE’s market capitalization and 24-hour trading volume surged by 35% and 78.52%, respectively, to $1.2 billion and $1.45 billion. PEPE Whales Take Advantage This surge in the price has witnessed six wallets disposing of 1.98 trillion PEPE, worth about $4.37 million, taking...

AERO token skyrockets on major news for Aerodrome Finance

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Aerodrome Finance announced the Base Ecosystem fund, led by CB Ventures, had market-acquired a position in AERO. AERO price jumped more than 115% to hit an all-time high of $0.2522 on Tuesday. Aerodrome Finance is a liquidity protocol on Base, an Ethereum layer-2 launched by Coinbase. Aerodrome Finance, the largest trading and liquidity marketplace on Base, is experiencing a massive surge in buying for its native token AERO. With its price at $0.2271 on Tuesday, the AERO token has jumped a staggering 1,225,529.89% from its all-time low of $0.00001861. Data from CoinGecko shows the Crypto currency reached this level just four months ago on October 17, 2023. Today’s 115% spike in AERO prices has the altcoin trading more than 175% up this past week. The 24-hour volume for Aerodrome Finance is $72 million, which represents a 2,000% jump in network activity. Why is AERO price skyrocketing? Aerodrome Finance’s price surge comes amid the latest new...

OKX Launches OKX TR Exclusively For Turkish Crypto Traders

OKX TR revolutionizes crypto trading for Turks with transparency and compliance. Turkish Lira fiat on-ramps through key bank partnerships simplify trading. OKX TR offers diverse crypto pairs and tools, empowering Turkish traders with knowledge and capabilities. OKX, a competitor of Binance in the crypto exchange arena, has just launched OKX TR, a platform exclusively for users in Turkey. Tailored to meet the demands of Turkish crypto aficionados, the team claimed that OKX TR seeks to streamline its journey into decentralized finance (DeFi) and digital assets. According to the team, the introduction of OKX TR signifies a major step towards localizing cryptocurrency trading for the Turkish audience.  Meanwhile, according to the announcement, Mehmet Camir, the Chairman of OKX TR, underscored the platform’s dedication to these principles, reassuring Turkish traders of a secure and transparent environment to explore the dynamic crypto market. A notab...

Avalanche of Institutional Capital Enters Crypto Markets in Fourth Straight Week of Inflows: CoinShares

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Digital assets manager CoinShares says institutions poured $598 million into crypto investment products last week for a fourth consecutive week of inflows. In its latest Digital Asset Fund Flows report, CoinShares says that year-to-date inflows for crypto investment products are nearing the $6 billion mark. “Digital asset investment products saw weekly inflows totaling US$598m, marking the fourth consecutive week of inflows. Year-to-date inflows have now surpassed the US$5.7bn mark, accounting for 55% of the record inflows witnessed in 2021.” Source: CoinShares According to CoinShares, the US saw the most inflows at $610 million despite Grayscale suffering $436 million in outflows over the same period. “Brazil and Switzerland saw minor inflows at US$8.2m and US$2.1m respectively, while both Canada and Sweden saw outflows totaling US$18m and US$8m respectively.” Per usual, Bitcoin (BTC) enjoyed the lion’s share of inflows at $570 mi...

Trending Cryptocurrency Tokens on Avalanche Chain Today – Platypus Finance, DegenX, Snail Trail Token

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The trending cryptocurrency tokens on Avalanche Chain today have all shown remarkable price increases in the last 24 hours, even though Avalanche recently encountered a significant outage lasting about four hours. The disruption was attributed to a software bug that halted block finalization. However, following a swift investigation by developers, a software upgrade for Avalanche nodes was promptly released to tackle the issue. In the meantime, we’ve curated a list of four viable tokens in the avalanche ecosystems with promising fundamentals and market data. Trending Cryptocurrency Tokens on Avalanche Chain In addition, this article also tracks the performance of upcoming presales that investors should keep on their watchlist. Scotty the AI has raised over $600,000 in its presale, and the project is barely months into its presale. The overview of its progress is documented below. 1. Platypus Finance (PTP) Platypus Finance Protocol is an innovative one-way Automated Market Mak...

Satoshi Nakamoto said Bitcoin can outpace Visa in scale of transactions

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Newly released emails have provided insights into the early days of Bitcoin (BTC) and its capabilities, as perceived by its anonymous founder, Satoshi Nakamoto. In these emails, Nakamoto and his early collaborator, Martti Malmi, discussed the cryptocurrency’s potential concerning the traditional financial system. The 120-page email correspondence, released on February 23, includes Nakamoto’s bold assertion that “there is only one global chain.” He compared Bitcoin’s transaction volume potential to the existing Visa (NYSE: V) credit card network, which, in May 2009, processed approximately 15 million Internet purchases daily worldwide. Picked for you XRP price prediction as 400 million tokens are unlocked from escrow 5 hours ago S&P 500 and Dow Jones thriving as indexes reach record highs; What's next? 23 hours ago New crypto opportunity at $0.04 for investors who missed SOL and AVAX price rally 1 day ago Donald Tr...

Bitcoin Price Prediction: As Donald Trump Fails To Diss “Interesting’’ BTC, Is This ICO The Best Crypto To Buy Before The Bitcoin Halving?

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The Bitcoin price fell a fraction in the past 24 hours to trade at $50.9K at 1:30 a.m. EST as the crypto king continues to consolidate. This comes after former US president Donald Trump appeared to soften his stance on BTC, saying ”it’s taken a life of its own” and that he can ”live with it.” ”More and more, I’m seeing people wanting to pay bitcoin,” he added. ”And you’re seeing something that’s interesting.” That’s quite a shift from a man who back in 2021 said Bitcoin ”seems like a scam,” and who might be the next president. 🇺🇸 TRUMP SHARES HIS THOUGHTS ON BITCOIN "Well, a lot of people are doing it. I always liked one currency. I call it a currency. I like the dollar. But a lot of people are doing it, and frankly, it's taken a life of its own. You probably have to do some regulation, as you… pic.twitter.com/mLrblAQBUi — Mario Nawfal (@MarioNawfal) February 2...

When Is the Best Time To Sell Airdrops? CoinGecko Reveals

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CoinGecko claimed that 23 out of 50 major airdrops achieved record prices within the first two weeks. Out of the analyzed tokens, 16 reached their peak price in less than 14 days. Four tokens reached their peak price 101 days or more after the airdrop. According to a recently published report by CoinGecko, 23 out of 50 major airdrops achieved record token prices within the first two weeks after the airdrop date. According to the research, the maximum profit could be obtained within 14 days. Out of the 23 tokens that reached their peak price in the first two weeks, 16 reached their peak price within two to 14 days. The remaining seven tokens reached their peak on the first day. As seen in the visual below, the report highlighted that some airdrop tokens reached their peak price on the first day, while others achieved it within the first week. The research identified 14 airdrop tokens that managed to reach their peak price 101 days or more after the airdrop...

This Bitcoin Ecosystem Altcoin’s on the Cusp of Exploding in Multiples, According to Analyst Nicholas Merten

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Cryptocurrency analyst Nicholas Merten is expressing bullish sentiment on one Bitcoin (BTC) ecosystem altcoin that’s up by over 70% in a fortnight. Merten tells the 510,000 subscribers of the DataDash YouTube channel that the native token of the decentralized platform dedicated to expanding the functionalities of Bitcoin, Stacks (STX), could rally exponentially. “Stacks is one of those plays where it’s at the cusp of potentially making that really big move where we can multiply many times over in the event of a Bitcoin continuation in its price if we really do enter into a full-swing bull market.” According to Merten, STX has enjoyed strong bullish momentum since November of 2022 as evidenced by higher highs and higher lows. “It’s rallied about 619% from its bottom in August of 2023 to where it is now in February 2024. And that’s very similar to the move we had in November 2022 here towards March of 2023… Stacks does hav...

3 cryptocurrencies cheaper than a burger for a 2500% ROI by 2024

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As the cryptocurrency market continues to evolve and expand, investors are constantly on the lookout for undervalued assets with the potential for significant returns. While marquee tokens like Bitcoin and Ethereum dominate headlines, a multitude of lesser-known cryptocurrencies lurk beneath the surface, waiting to be discovered by astute investors.  Among these hidden gems are Retik Finance, Jupiter, and Ripple—three cryptocurrencies that offer compelling investment prospects and the promise of substantial growth in the coming years. In this article, we delve into the unique attributes of these tokens and explore their potential to deliver a 2500% ROI by 2024. Retik Finance (RETIK): Revolutionising Decentralised Finance (DeFi) Retik Finance (RETIK) emerges as a prominent contender in the realm of decentralised finance (DeFi), offering a comprehensive suite of financial services and solutions powered by blockchain technology. Unlike traditional financial institutions, R...

5 Best Crypto Projects That Might 10x Your Money – Best Cryptos to Buy Now?

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Amidst the surging crypto market, traders are now on the lookout for potential cryptocurrencies that offer higher gains for the next bull run. The crypto sector is steadily gaining momentum as it incorporates an increasing number of distinctive projects and attracts new users every day. With several significant events scheduled for this year, the crypto market is poised to experience substantial price movements in the near future. This article provides a list of best cryptocurrencies and insights into why these projects could be beneficial to include in portfolios, potentially maximizing returns. Sponge V2 (SPONGEV2) $SPONGE, a meme coin sensation, skyrocketed by 100X in 2023, reaching a staggering $100 million market cap. Following its successful debut on Uniswap, Sponge swiftly gained listings on major centralized exchanges such as MEXC, Gate.io, Bitget, and others. If you happened to miss Sponge’s rapid rise, there’s still a chance to seize the moment with Sponge V2 b...