Month: May 2024

Dogecoin Poised For 700% Explosion To $1.17 Amid Recovery In Major Metrics

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Crypto analyst Mags has raised the possibility of Dogecoin (DOGE) recording a 700% price surge that will send it above $1. The analyst’s prediction follows a recent recovery in Dogecoin’s on-chain metrics, which paint a bullish picture for the meme coin.  Dogecoin About To Go Parabolic Mags remarked in an X (formerly Twitter) post that Dogecoin is about to go parabolic. He claims that the foremost meme coin will make a 700% move in this cycle as it rises above $1. Related Reading The analyst is known to have rightly…

Donald Trump’s crypto portfolio exceeds $10 million

As of May 27, Former President Donald Trump’s crypto portfolio has surpassed $10 million. Former U.S. President and Republican frontrunner Donald Trump’s crypto investments have been paying off. His on-chain crypto holdings have exceeded the $10 million mark. The surge was primarily driven by a rise in the value of the MAGA (TRUMP) meme coin. According to data from ArkhamIntel, Trump’s holdings in $TRUMP alone are valued at $7.3 million, making up most of his crypto investments. Trump also holds over 463 Ethereum (ETH), currently valued at $1.8 million. Trump…

Argentine Officials Met With Salvadoran Regulators to Discuss Bitcoin Adoption and Regulation

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Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National Commission for Digital Assets, met on May 23 to discuss bitcoin regulation and adoption issues. This meeting was the second between these two institutions and hints at a possible regulation agreement between the two countries. […] Original

ETH/BTC Bounces From A 7-Year Support Trend Line: Ethereum To $4,900?

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After a crucial week for Ethereum, a technical candlestick arrangement shows that ETH prices could prepare for a sharp upturn in the coming weeks and months. Pointing out events in the monthly chart, one analyst notes that the ETH/BTC ratio reverses from a multi-year support trend line. Usually, the analyst continued, when prices bounce from this line, altcoin prices tend to react, trending higher.  ETH/BTC Rising From Crucial Support Trend Line The ETH/BTC is a ratio closely monitored by technical analysts. It compares the performance of the world’s first and…

Crypto Analyst Predicts 28,900% Rally To $154 For XRP Price, Here’s When

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Crypto analyst CryptoBull recently highlighted a bullish pattern that could send the XRP price to three figures. However, the analyst failed to give an exact timeline for when this massive rally would occur.  XRP Price To Hit $154 CryptoBull mentioned in an X (formerly Twitter) post that that chart shows that XRP will rise to $154. The analyst highlighted an ascending broadening wedge, which he expects XRP to break out from as it makes this parabolic move to the upside. To confirm his bullish sentiment, CryptoBull also reposted the analysis…

how the EU is making tech magic

What happens when the secure world of blockchain meets the intelligence of AI? Discover how the EU is blending these technologies to create something magical. Blockchain and AI are two buzzwords you’ve probably heard a lot about. But what happens when these technologies join forces?  The European Union (EU) is exploring this very question. In fact, the European Blockchain Observatory and Forum (EUBOF), part of the European Commission, recently published a report citing the potential of integrating blockchain technology with artificial intelligence (AI). According to the EUBOF report, authored by…

Uniswap Foundation Shares Balance Sheet as Fee Vote Nears

According to a balance sheet shared by the Foundation, at the end of the first quarter it held $41.41 million in fiat and stablecoins, along with 730,000 UNI tokens. The fiat and stablecoins are designated for grant commitments and operational activities, while the UNI tokens are reserved for employee awards. Source

DeFiance Capital Foresees ETH Soaring To $4,500 Pre-Ethereum ETF Trading

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As the US Securities and Exchange Commission (SEC) approved all the spot Ethereum ETF applications, despite increased regulatory uncertainty surrounding the cryptocurrency, investors are becoming more optimistic about the potential for ETH’s price to reach new heights.  Bullish Sentiment Surrounds Ethereum ETF Approval  DeFiance Capital Founder and CIO Arthur Cheong predicts that ETH could reach an annual high of $4,500 before the newly approved index funds begin trading, surpassing its mid-March high of $4,096. This projection falls just short of ETH’s all-time high of $4,878 during the 2021 bull run.…

Dabba Announces Expansion of 10,000 New Wifi Hotspots in India Through Depin Program

Dabba, a decentralized physical infrastructure network (Depin), has announced it will deploy 10,000 new wifi hotspots globally, aiming to enhance internet accessibility in underserved Indian regions. This expansion coincides with the upcoming token generation event on the Solana blockchain scheduled for July. Dabba’s Depin Initiative Targets India with 10,000 Wifi Hotspots The initiative, dubbed season […] Source CryptoX Portal