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Showing posts from October, 2024

Is It Too Late To Buy GRASS? Grass Price Skyrockets 34% And This Might Be The Next Crypto To Explode

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The Grass price has surged 34% in the last 24 hours to trade at $1.09 as of 7:25 a.m. EST on trading volume that pumped 8% to $173 million. The GRASS price jump came after the token faced several technical issues with its airdrop, which had earlier caused a steep slump. Despite the initial setbacks, which affected many users and raised concerns about the project’s stability, the token has since regained momentum as investors seem to be optimistic about the project’s future potential. Grass Price Poised For A Breakout Above The Resistance level The GRASS/USD 30-minute chart highlights a clear pattern with key support and resistance levels, backed by the 50-period Simple Moving Average (SMA), MACD, and RSI indicators. Around $0.90, a strong support level has formed, tested multiple times, and created a double bottom pattern. This setup often signals a potential shift from bearish to bullish momentum, which we see reflected in the recent price bounce. On the upper side, th...

New Cryptocurrency Releases, Listings, & Presales Today – Talent Protocol, Truflation, Rixen Finance

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Visa customers in the U.S. and EU can now link eligible debit cards to Coinbase. This new feature allows users to deposit funds, often instantly, into their accounts. This streamlines cryptocurrency purchases, making investing easier for users unfamiliar with crypto. Visa’s integration with Coinbase highlights the role of crypto in enhancing real-world financial utility. By enabling real-time transfers, it bridges gaps between traditional finance and digital assets. This news boosts market sentiment and encourages new crypto releases and innovative investments . New Cryptocurrency Releases, Listings, & Presales Today Talent Protocol offers a decentralized platform for building professional reputations, enabling verified talent to showcase their skills globally. Truflation’s unique data streams improve investment decision-making by integrating off-chain economic metrics with blockchain systems.  1. Talent Protocol ($TALENT) The professional landscape is ripe fo...

‘It’s Happening’: Top Analyst Predicts Incoming Parabolic Rally for Bitcoin – Here’s His Target

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An analyst with a history of timely Bitcoin calls believes that conditions are now ripe for BTC to witness huge upside bursts to new all-time highs. Pseudonymous analyst Bluntz tells his 289,300 followers on the social media platform X that BTC appears to be in the initial stages of a parabolic rally that could take Bitcoin well above $100,000. “It’s happening BTC.” Source: Bluntz/X Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to go through a five-wave surge where waves one, three and five are upside moves and waves two and four are corrective periods. Looking at the trader’s chart, he seems to suggest that BTC is in the midst of a major wave three rally en route to $106,000 before a wave four pullback and an explosion to $122,000. At time of writing, BTC is worth $72,624, up over 3% in the past day. Turning to Dogecoin (DOGE), the crypto strategist is also in the early stages of a five-wave rally wi...

Top Analyst Says One Memecoin About To Go ‘Mental,’ Updates Forecast on SUI and POPCAT

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A crypto strategist who continues to build a following with timely altcoin calls believes that one memecoin is poised to witness a big burst to the upside. Pseudonymous analyst Bluntz tells his 289,900 followers on the social media platform X that he thinks the Solana (SOL)-based meme token dogwifhat (WIF) looks ready to ignite huge rallies. Bluntz says that dogwifhat is flashing multiple bullish signals against Solana (WIF/SOL), indicating that the memecoin is gearing up for a big reversal. “SOL is leading the market right now and WIF/SOL is bottoming out. A huge five down on the four-hour [chart] and diverging heavily. With SOL looking insanely bullish, I think WIF is about to go mental. My bags are packed.”  Source: Bluntz/X Bluntz practices the Elliott Wave theory, which states that an asset’s trend tends to end after a five-wave move. Based on the trader’s chart, he seems to suggest that WIF/SOL has completed a five-wave correctio...

Transak sees 300% month-over-month growth in Sui Wallet

Transak, a cryptocurrency platform, has reported 300% month-over-month growth in transaction volume in Sui Wallet for September 2024, as per the updates shared with Finbold on Tuesday, October 29.  Carlo de Luca Gabrielli, Global Director of Sales at Transak, expressed enthusiasm about the growth, stating: “We are thrilled to see such tremendous growth in our partnership with Sui Wallet. The rapid uptake of our payment services reflects the market’s need for reliable infrastructure that ensures quick and hassle-free crypto transactions.” Picks for you Bitcoin influencer calls Cardano’s BTC L2 solution a scam — Is it really? 14 mins ago Is Bitcoin to $100,000 now a guarantee?  56 mins ago ...

Dogecoin Volume Skyrockets 95% as DOGE Eyes Breakout

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In what would be a massive development for the meme coin, Dogecoin has seen its trading volume increase as much as 95%, with DOGE now eyeing a massive breakout. Indeed, the token’s success to start the last week of October has it potentially bearing a multi-week breakthrough. The crypto has gotten a boost from Elon Musk once again in the last several weeks. With the Tesla CEO promised a position in Donald Trump’s administration, barring the former president winning reelection this November, the Dogefather has once again pushed the leading meme coin higher. Source – Bitcoinist Also Read: Elon Musk’s Doge Flex Sends Dogecoin Soaring DOGE Boosts 6% Monday as Trading Volume Explodes Earlier this year, Dogecoin saw an unexpected rise derived from Elon Musk. Indeed, the billionaire had sought a position within the US government. Specifically, heading a new department to ensure government spending remains acceptable. That function would be named the Department of Government E...

Tether CEO Details Reserves Backing USDT, Dismisses DoJ Probe Claims

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Tether CEO Paolo Ardoino has provided a breakdown of the company’s reserves following a report from the Wall Street Journal (WSJ) that said the stablecoin issuer was under investigation by the US Department of Justice (DoJ). Speaking at Lugano’s PlanB event in Switzerland, Ardoino said Tether holds $100 billion in US Treasuries, over 82,00 Bitcoin and 48 tons of gold for its USDT reserves. Tether CEO Says WSJ Article Is “Regurgitating Old Noise”  The Tether CEO’s appearance follows an Oct. 25 article by the WSJ, which claimed the company was under investigation by the DoJ for allegedly violating anti-money-laundering laws and US sanctions. As we told to WSJ there is no indication that Tether is under investigation. WSJ is regurgitating old noise. Full stop. — Paolo Ardoino 🤖🍐 (@paoloardoino) October 25, 2024 Ardoino responded to the publication in an Oct. 25 post on X, stating that the company has told the WSJ that ...

BRICS: 85% Trade Settled in Local Currencies, Not US Dollar

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The BRICS alliance is advancing the de-dollarization agenda by using local currencies and rejecting the US dollar for trade. Russian President Vladimir Putin announced that 85% of trade within the Commonwealth of Independent States (CIS) is successfully settled in local currencies. The development gives higher financial independence for developing countries to reduce dependency on other Western foreign currencies. Also Read: Goldman Sachs Predicts the Future of BRICS Currency The CIS consists of 12 countries – Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan. The only BRICS member in the CIS bloc is Russia and the country is pushing de-dollarization to its neighboring nations. The BRICS member is making more developing countries pay local currencies for trade and is sidelining the US dollar. Also Read: 3 US Sectors To Be Affected If BRICS Ditches the Dollar For Trade BRICS: 12 Countries Pay 85% Trade ...

2 Two Reasons Why You Should Invest In Ripple (XRP) & Shiba Inu (SHIB)

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Ripple (XRP) and Shiba Inu (SHIB) are two of the most compelling cryptocurrencies in the Web3 world. The tokens have amassed great success and continue to rage within the investor segment to secure new highs. As demand for these token pumps, we cannot help but wonder about the potential causes and reasons that make these two coins special in the long haul. Let’s explore and find out. Shiba Inu and XRP are the two rising stars of the cryptocurrency domain. The tokens are constantly gaining mainstream attention and are buzzing with new developments that may help their prices stabilize and soar in the long haul. Also Read: Netflix: NFLX Eyes $43B in 2025 Revenue as Stock Overperforms Why Should You Buy Shiba Inu (SHIB) And XRP? Image Source: Watcher Guru Here Are 2 Reasons To Buy Shiba Inu Image Source: Watcher Guru Shiba Inu has long been considered the OG crypto coin. It has often been dubbed as the legacy builder that has inspired other meme coins in the budding cryptocurrency dom...

WuBlockchain Weekly: U.S. Government Address Allegedly Attacked in $20M Crypto Transfer, Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion, Kraken Plans Launch of Layer 2 Network, etc

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1. SEC Chair Gary Gensler Congratulates Bitcoin Whitepaper on Its 16th Anniversary link In a recent interview with Bloomberg, SEC Chairman Gary Gensler congratulated the Bitcoin whitepaper on its 16th anniversary but reiterated that the SEC would continue its “regulation by enforcement” approach to protect investors. The SEC’s review division has listed crypto assets as a priority for 2025. Notably, when asked how he would respond if Trump were re-elected in 2024, Gensler declined to comment on the possibility of being dismissed. 2. Ripple Co-founder Donates Another $10 Million in XRP to Support Harris link On Monday, Ripple co-founder Chris Larsen announced an additional $10 million donation in XRP to support Vice President Kamala Harris’s presidential campaign, following his earlier $1 million XRP donation in August through the same organization. Larsen stated in a tweet that supporting Harris’s campaign is vital to ensuring the U.S. remains a leader in technological innovation, part...

Pennslyvania Passes Bitcoin Rights Bill to Protect BTC Holders

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In a landmark development for the cryptocurrency sector, Pennsylvania has passed a Bitcoin Rights bill, according to a Fox Business report. Indeed, the legislation is set to protect the right to self-custody for BTC holders and authorizes the use of the leading crypto as a payment method within the state. Pennsylvania is the latest US state to pass a bill that looks to establish regulatory clarity for the asset class. The state’s House of Representatives passed what is House Bill 2481 with bipartisan support. The legislation was approved with a majority of 176 votes to 26. JUST IN: Pennsylvania passes #Bitcoin Rights bill to protect rights to self-custody and allow the use of $BTC as a payment method. — Watcher.Guru (@WatcherGuru) October 24, 2024 Also Read: Arkansas Passes ‘Right to Mine’ Bitcoin Bill Through House and Senate Pennsylvania is the Latest State to Pass Bitcoin Rights Bill Throughout 2024, cryptocurrencies have seen their presence adopted in a mainstream way. ...