Day: April 10, 2024

Expert Identifies Critical Factors For Sustainable Growth

boss

The recent volatility in the Bitcoin (BTC) price and its struggle to consolidate above the $70,000 mark has raised questions about the sustainability of its ongoing bull run. However, market expert Charles Edwards, co-founder of Capriole Invest, believes that the decentralized finance (DeFi) protocol Ethena Labs (ENA) could significantly extend and boost Bitcoin’s bull market to new heights.  In a recent post on social media site X (formerly Twitter), Edwards suggested that Ethena’s actions, such as constraining over-leverage in derivatives markets and reducing spot supply, can propel Bitcoin’s price higher…

Revolutionizing Data Ownership: DOP Secures $162 Million in Landmark Token Sale Ahead of Mainnet Launch

PRESS RELEASE. In an unprecedented demonstration of community support and market confidence, DOP (Data Ownership Protocol) has successfully raised $162 million through its recent token sale. This remarkable achievement not only underscores DOP’s innovative approach to data ownership but also positions it among the top 10 token sales in the history of cryptocurrency. DOP’s journey […] Source CryptoX Portal

Are We Headed For $130,000?

boss

Amidst the recent market retracement, notable crypto enthusiast and YouTuber Jeremy DaVinci has sparked optimism in the Bitcoin community. DaVinci’s analysis revolves around a technical indicator, the Bollinger Bands, suggesting a potential rally in Bitcoin’s price trajectory. Where Are We Headed To? According to DaVinci, Bitcoin has closed above the upper Bollinger Bands indicator for two consecutive months, a pattern that historically preceded significant price surges. Drawing from past occurrences, DaVinci hints at the possibility of Bitcoin’s price doubling within three months following this setup. DaVinci, renowned for his early…