Day: March 6, 2024

Can DOGE Avoid A Dive? Sell Pressure Puts It To The Test

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Dogecoin (DOGE) has solidified its position as the eighth-largest cryptocurrency by market capitalization, leaving industry observers amused and sparking humor from Cardano’s founder, Charles Hoskinson. The memecoin experienced a substantial upswing, propelling its market cap to approximately $28 billion, surpassing Cardano’s $27 billion valuation. Related Reading: Bitcoin On The Brink, Price Soars Above $68,000 – Will BTC Break Its 2021 Record? DOGE Market Dynamics And Technical Indicators At the time of writing, Dogecoin was trading at $0.16, reflecting a remarkable 103% surge in the past seven days. This increase catapulted…

Bitcoin Rebounds as $150K Target for 2024 Comes in View

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Peckshield: Cryptocurrency Hackers Stole Over $360 Million in February

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Cryptocurrency hackers stole over $360 million during February, almost doubling the amount stolen in January. According to Peckshield, a cryptocurrency and blockchain security firm, the largest hack event in February involved a security breach in Playdapp, a Web3 gaming platform, that lost $290 million four days after being attacked. Fixedfloat, a cryptocurrency exchange, also lost […] Source

Doge, SHIB surge amid BTC peak; Scotty AI presale nets $2.3M

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin and Shiba Inu skyrocket, while AI token Scotty exceeds $2.3M in presale. The meme coin market continues to take center stage as top dogs Dogecoin and Shiba Inu soar 100% and 281% this week, respectively. However, new tokens are eagerly following behind, with dog-themed Scotty the AI exceeding $2.3 million in its presale. Can this be the next meme coin to explode? Top meme coins take flight as…

Dips Turn Attractive In Near Term As Bulls Lose Control

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XRP price started a downside correction from the $0.6700 resistance. The bulls are now active above $0.5400 and might aim for a fresh increase. XRP started a fresh increase above the $0.600 resistance level. The price is now trading above $0.550 and the 100 simple moving average (4 hours). There was a break below a key rising channel with support at $0.610 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh rally if there is a close above the $0.60 resistance…

A Must-Read Guide to Accepting Cryptocurrency As Payment on Your Website

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HodlX Guest Post  Submit Your Post   The digital economy is increasingly fast-paced today, therefore, companies must keep innovating just to stay competitive and satisfy the changing needs of consumers. One of the innovations that has gotten a lot of attention lately is the possibility of cryptocurrencies becoming a means of payment. Digital currencies or cryptocurrencies like Bitcoin, Ethereum and many others are on the rise. Businesses are now looking for ways to integrate cryptocurrency payment options into their websites to capture a new market and ease transactions. The cryptocurrency notion,…

Ethereum Price Drops Over 10% But Bulls Are Not Done Yet

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Ethereum price rallied toward $3,850 before crashing. ETH followed Bitcoin, but the bulls are now active near the $3,350 support zone. Ethereum traded to a new multi-month high above $3,800 before crashing. The price is trading near $3,500 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its increase if it clears the $3,600 resistance zone. Ethereum Price Takes Major Hit Ethereum price extended its…