Day: March 30, 2024

KangaMoon on traders’ watchlist as Bitcoin volatility sparks uncertainty

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The KangaMoon (KANG) meme coin has surged by an impressive 180% in its ongoing presale swiftly establishing itself as a contender in the meme coin market.  Amidst the dynamic market of cryptocurrency, three prominent cryptocurrencies have recently garnered significant attention: KangaMoon, Bitcoin, and Binance Coin.    KangaMoon, in particular, has surged by an impressive 180%, swiftly establishing itself as a leading contender in the meme coin market.  This surge…

Dogecoin Price Breaks New 3-Year High

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The price of Dogecoin (DOGE) recently broke a 3-year high after rising to $0.22. This move continues the remarkable run made by the foremost meme coin and has strengthened the belief that DOGE could increase to $1 before the end of this bull run.  Interest In Dogecoin Set To Skyrocket With Coinbase Listing  Bitcoinist reported that the foremost US crypto exchange, Coinbase, had finalized plans to introduce the meme coin to its futures contract offerings. Coinbase’s institutional arm also recently confirmed that Coinbase Derivatives will launch the first leveraged and…

Analyst Predicts XRP Rally To $1.20 With This Critical Condition

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The price of XRP, the native token of RippleNet, is stirring speculation after prominent crypto analysts offered conflicting outlooks. While both predict a potential surge, the conditions and reasoning behind their forecasts diverge significantly. XRP Rally Hinges On $0.75 Hurdle, Analyst Says CryptoInsightuk, a well-known analyst, believes XRP is on the cusp of a major rally, with an increase to $1.20 soon. However, his optimism hinges on a crucial technical indicator: a daily closing price above $0.75. This, he argues, would confirm a breakout from a 250-day accumulation phase, paving…

Can This Bullish Chart Pattern Propel Bitcoin Price To $75,000?

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The Bitcoin price has experienced a notable resurgence over the past week, drawing parallels to the optimism often associated with Holy Week among Christians. This renewed momentum has infused the entire market, leading to significant profits for other major cryptocurrencies in the last seven days. The resurgence of the Bitcoin price seems to be at its nascent phase, with a popular crypto pundit on the X forecasting a bullish trajectory for the premier cryptocurrency over the coming days. Bitcoin Price To Reach $75,000? In a recent post on the X…

Bitwise CEO Predicts $11B Drop In Bitcoin Supply Post Halving

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Over the last week, Bitcoin (BTC)  investors enjoyed much profit as the crypto asset gained 9.34% to trade above $71,000 based on data from CoinMarketCap. Currently, most of the BTC market is highly expectant of the potential large price gains that the current bull cycle could present.  However, commenting on the immediate future, Bitwise CEO Hunter Horsley has stated that the upcoming halving event – a key part of the bull cycle – could be the most significant in Bitcoin’s trading history as a result of an impending massive decline…

Milei Moneda gains attention amid ADA, SOL market movements

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Cardano developers ramp up activity amid ADA’s decline, SOL makes a comeback fueled by meme coins, while investors gravitate towards Milei Moneda for substantial gains in the altcoin arena. Top altcoins have been correcting their prices since the last coin rally, and Cardano (ADA) and Solana (SOL) seem to have been hit worse than most. The cryptocurrency market is in yet another of its temperamental mood shifts, and…

Galaxy CEO: US Debt Crisis Drives Demand for Bitcoin

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Galaxy Digital CEO Mike Novogratz has proposed several measures to prevent a U.S. debt spiral. The executive explained that the U.S. debt crisis makes it “so easy to convince people to buy bitcoin and other hard assets.” He emphasized that implementing these measures could give the U.S. a chance to avoid a “debt death spiral.” […] Original

Bitwise CIO predicts $1T BTC inflow via ETFs from institutional investors

Bitwise chief investment officer Matthew Hougan said institutional investors would likely pour as much as $1 trillion into Bitcoin through exchange-traded funds (ETFs) as they steadily move into crypto. In a memo sent to investment experts, Hougan addressed concerns over Bitcoin’s price volatility. As the asset fluctuates between $60k and $70k, the CEO believes the best strategy is to “keep calm and take the long view.” 1% Down; 99% to Go. Reflections on the ETF launch. An excerpt from Bitwise CIO @Matt_Hougan‘s weekly memo to investment professionals. Lately the crypto…

Deestream stage 2 presale attracts Avalanche and Uniswap fans

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Avalanche (AVAX) and Uniswap (UNI) tokens have regained investor attention in a bustling market recovery. DeeStream (DST), a decentralized streaming platform, emerges as a focal point for both AVAX and UNI supporters. Avalanche’s price remains steady Avalanche has remained steady in the past week from $54.5 to $54.7. However, its trading volume has increased by 107% in the past week alone, surpassing $1B, although it has dropped over the…