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Showing posts with the label cryptocurrency news

Bitcoin Price Prediction: BTC Plummets 10% As Investors Turn To This Learn-To-Earn Crypto And Its 657% APY

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  The Bitcoin price plunged 10% in the last 24 hours to trade at $53,987 as of 00:44 p.m. EST on trading volume that surged 96% to $53 billion. This comes amid a crypto crash triggered by a rate hike in Japan that spooked investors, triggering the panic selling of riskier assets . Overall, cryptocurrencies sank by about $570 billion, according to data from CoinGecko . The sell-off witnessed in the crypto market coincides with the broader slide in equities in Asia-Pacific markets and with the U.S. Nasdaq sliding 3.4% last week into correction territory. The stock crash is partly tied to disappointing economic data in the US, including earnings, a weaker-than-expected jobs report, higher unemployment, and a declining manufacturing sector. The price of Bitcoin is now trading at its lowest since February, having plummeted to below $54,000. Bitcoin Price Aims For A Bullish Trend Reversal The Bitcoin price has been on a downtrend in the last week, plunging 24%, within a falling ch...

Is It Too Late To Buy CATDOG? CatDog Price Soars 20% And This Might Be The Next Crypto To Explode

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The CatDog price soared 20% in the last 24 hours to trade at $0.0005219 as of 5.15 a.m. EST on trading volume that reached $4.28 million. The project’s price started to grow soon after the announcement that its native token, CATDOG, got paired against Tether’s USDT on AscendEX on July 31, starting at 12 UTC. $CATDOG/USDT trading on AscendEX starts today at 12:00 (UTC) Pair: https://t.co/pYooY3KzRW https://t.co/KsKsNKHVPs — CATDOG 🐱🐶 (@catdog_meme) July 31, 2024 Before that, the young project announced that it had submitted the request to verify token supply through CoinGecko. The project also already donated over $100k to several charities in late July, and it is working on getting listed on CoinMarketCap. Vote for $CATDOG to get listed on @CoinMarketCap: 1. Visit https://t.co/lSxLQeTG4E 2. Log in or sign up on CMC 3. Smash that 👍 button pic.twitter.com/tpfe5H9jpz — CATDOG 🐱🐶 (@catdog_meme) July 29, 2024 In ...

5 Reasons to Embrace Play-to-Earn Gaming

5 Reasons to Embrace Play-to-Earn Gaming! The gaming industry has undergone a significant transformation in recent years, with the advent of blockchain technology and cryptocurrency integration. Among these innovations, Play-to-Earn (P2E) gaming stands out as a revolutionary concept that allows players to earn real-world value while enjoying their favorite games. Here are five compelling reasons to embrace Play-to-Earn gaming: 1. Monetize Your Gaming Skills Traditional gaming often involves players spending significant amounts of time and money without any financial return. In contrast, Play-to-Earn gaming empowers players to monetize their skills and efforts. By participating in these games, players can earn cryptocurrencies or NFTs (Non-Fungible Tokens) that hold real-world value. This shift transforms gaming from a mere pastime into a potential source of income. 2. Ownership and Control Over In-Game Assets One of the most significant advantages of Play-to-Earn gaming is the true ow...

Yuga Labs Joins NFT Artist Cory Van Lew To Launch An Art Program For Children In Miami

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Yuga Labs, the digital asset incubation studio and the parent company of the famous Bored Ape Yacht Club and Mutant Ape Yacht Club non-fungible token collections, has partnered with Cory Van Lew, a renowned digital artist, to launch an art program for children in Miami, United States of Florida. In this article, we shall assess the new art program in detail. Yuga Labs Launches Kids Art Program In Miami, Florida In an August 1 blog post, the Bored Ape Yacht Club creator confirmed partnering with non-fungible token artist Cory Van Lew to launch an art program for children. The new children’s art program, the ‘Big Brother Big Sister Miami Art Program’, will launch this summer in Miami City, United States of Florida. When you teach art to children, you never know how far your impact can reach. This summer @coryvanlew and @yugalabs kicked off the Big Brother Big Sister Miami art program. pic.twitter.com/hk9Zu7PKjZ — Yuga Labs (@yugalabs) July 31, 2024 Founded ...

Liquidium Starts Letting Users Borrow Bitcoin Liquidity Using Ordinals & Runes As Collateral

Liquidium, the digital asset lending platform created exclusively for Bitcoin-powered digital items, has started allowing non-fungible token collectors to borrow Bitcoin liquidity using their Runes and Ordinal collection as collateral. This bullish move will allow NFT traders to hold more Runes and Ordinals collections. Liquidium Lets Users Borrow BTC Using Ordinals & Runes As Collateral In a July 30 blog post, Liquidium confirmed letting its users borrow Bitcoin liquidity using their Ordinals and Runes non-fungible tokens as collateral. This advancement is expected to bring to life the Bitcoin-based NFT collections, which have suffered liquidity issues in the past several months. Data compiled by cryptoslam.io shows that Bitcoin NFT trading sales volume plunged to $74 million in July, down 54% from June 2024. The day has finally come! Rune lending and borrowing is finally in open beta 🫡 Go collateralize your runes to borrow Bitcoin against it! 👉 http...

Trader Predicts This High Potential Meme Coin Presale Might Surpass Shiba Inu – $SHIBASHOOT

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As the crypto market rebounds, investors are flocking to participate in the Shiba Shootout presale, expecting significant growth potential. Meme coins inspired by the Shiba Inu have been popular for a while, but the Shiba Shootout is now poised to become a major player in this exciting trend. Shiba Shootout crafts a Wild West-inspired environment that pushes beyond conventional crypto limits. It offers an adventurous experience blending creativity, strategy, and the allure of a cowboy duel. Users can navigate the crypto world with the flair of a Shiba cowboy, participating in thrilling high-stakes battles with ample opportunities for fun and rewards. The project’s main attraction, a play-to-earn (P2E) mobile game, immerses players in Shiba Gulch, a vibrant battleground where they can earn $SHIBASHOOT tokens. Key figures in the ecosystem include Marshal Shiba, a legendary character uniting Shiba Inu fans for grand showdowns, and the Shiba Sharpshooters, who form the core of Shib...

As Mt Gox Moves $9 Billion Bitcoin, CryptoQuant CEO Says Impact Of The Defunct Exchange On BTC Price Is ”Overestimated”

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Mt. Gox moved over 140,000 Bitcoin (BTC) worth around $9 billion in just three hours on July 16 to spark panic amongst crypto traders, but CryptoQuant CEO Ki Young Ju says the Mt. Gox FUD (fear, uncertainty and doubt) is “overestimated.” “Even if Mt. Gox’s $3B is sold on Kraken, it’s just 1% of the realized cap increase in this bull cycle — manageable liquidity,” Ju wrote in a July 16 X post . Strong Demand For BTC Could Absorb Potential Mt. Gox Selloff According to the CryptoQuant CEO, BTC’s market cap growth currently outpaces its realized cap growth to signal strong demand for the crypto. He also pointed to the fact that BTC’s price is up 350% despite investors selling $224 billion worth of the flagship crypto since 2023. Mt. Gox’s wallets still hold 138.985K BTC worth over $9 billion, according to data from Arkham Intelligence. The dollar value of the exchange’s holdings increased more than $343 million over th...

Fight Price Prediction: FIGHT Pumps 38% After Donald Trump Assassination Attempt As Traders Rush To Buy This ICO With Time Running Out

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The Fight price pumped over 38% in the past 24 hours to trade at $0.01138 as of 7:45 a.m. EST as investors rush to purchase the meme coin. This recent surge in the FIGHT price follows an assassination attempt on the former President Donald Trump during a campaign rally on July 13.  The Fight Price Falls Out Of An Ascending Channel 1-hour chart for FIGHT/USD (Source: GeckoTerminal ) The Fight price fell out of a short-term medium price channel in the last couple of hours. As a result, the meme coin is now at risk of testing the immediate support level at $0.01044. Breaking below this critical price point could then expose FIGHT to the risk of plunging to as low as $0.005530 in the following 24 hours. However, the Fight price remaining above $0.01044 for the next 4 hours could invalidate the bullish thesis. Traders might subsequently decide to enter into a long position for the meme coin.  With the potential buy volume, FIGHT could accumulate the momentum needed to cha...

New Cryptocurrency Releases, Listings, & Presales Today – Stryke, PlayDoge, TonGPU

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The crypto market has skyrocketed today, with gains flowing into several tokens, including Pendle, Mog Coin, and Synthetix. Over the past day, the global crypto market cap rose by 3.59%, reaching $2.3 Trillion. Similarly, the total crypto market volume grew by $61.59B, a 17.37% increase.  With the Fear/Greed score also rallying from last week’s figure, new cryptocurrency re lease s, listings, & presales today are entering the spotlight. This article aids investors in their search for such tokens, curating their Features , utilities, and market potential. New Cryptocurrency Releases, Listings, and Presales Today Stryke leverages the innovative groundwork laid by Dopex to enhance options trading and liquidity provision within the DeFi sector. In addition, PlayDoge has emerged as a notable player in the dog-themed meme coin market, successfully raising over $5.6 million, which highlights strong investor enthusiasm.  Similarly, TonGPU is poised to drive a major tran...

Hamster Kombat Fanatics In Russia Acquire Percussion Massagers To Boost Their Game

Tap-to-earn Telegram-based game Hamster Kombat continues to be an online sensation, with Russian players turning to percussion massagers to try to gain a competitive edge. The devices help players click on the in-game hamsters faster, thus maximizing earnings potential. Demand for percussion massagers in the Russian market has soared by 179% in June, according to a report by tech news site Gadgetonus. One seller promoted the massager as a gadget that can be used “for the muscles of the back, neck and Hamster Kombat,” according to the report. Nearly 700 percussion massagers being sold in Russia have the word “Hamster Kombat” in their description or title, it added. Hamster Kombat Will Bring Millions To Blockchain The Hamster Kombat game has surpassed over 250 million users globally, making it one of the fastest-growing digital platforms. I think you meant to put Hamster Kombat first 👀 there are currently over 250 million Hamsters playing our game ...

Celestia Price Prediction for Today, July 9 – TIA Technical Analysis

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The Celestia price prediction may continue to settle above the 9-day and 21-day moving averages as the coin heads to the upside. Celestia Prediction Statistics Data: Celestia price now – $7.20 Celestia market cap – $1.40 billion Celestia circulating supply – 196.2 million Celestia total supply – 1.05 billion Celestia Coinmarketcap ranking – #55 According to the above statistics, it’s often recommended to be as early as possible to crypto projects, as early investments can yield significant returns. For instance, Celestia (TIA) has shown remarkable price movements. In the past 24 hours, its price ranged from $5.99 to $7.24. While it reached an all-time high of $20.91 on February 10, 2024, it has since fallen by 66.15%. However, from its all-time low of $2.03 on October 31, 2023, Celestia has surged by 249.03%, showcasing the potential benefits of early investment despite market volatility. TIA/USD Market Key Levels: Resistance levels: $11.0...

Top Meme Coin To Buy Right Now, Monday, July 8 – Hachiko, Meme Cup, Shiba Shootout, LumiChill

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Today, we have compiled a list of the top meme coins using today’s market data. We use market insights to examine their unique offerings, presale, and recent news. Also included in this list is a newly launched token , $SHIBASHOOT, which combines creativity, competition, and comradeship in a unique digital frontier setting. US spot Bitcoin ETFs saw their highest monthly net inflows of $143.1 million on July 6. This surge coincided with Bitcoin’s price dropping below $54,000, suggesting investors viewed it as a buying opportunity. The substantial inflows indicate that large-scale buyers are accumulating BTC at reduced prices despite market volatility. Top Meme Coin To Buy Right Now Today’s article examines the top meme coins worth considering for investment. Meme Cup, which blends Euro Cup 2024 excitement with meme culture on the Ethereum blockchain, is worthy of making this list. We also look into $HACHI, which combines cultural significance with blockchain technol...