Day: August 7, 2024

Tron Lost 6% Since Last Week

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Tron (TRX) faced huge losses after the market swung downward in a strong overreaction amidst macroeconomic fears. According to CoinGecko, the token is down nearly 6% since last week but has since turned a full 180 gaining almost a percent today, August 7th. Since then, the ecosystem continues to surprise the community with its strength Related Reading As the market also resumes some form of recovery with a percent uptick in the total market cap, TRX might see some growth in the coming days.  Tron Remains Profitable Despite Market Bleed…

Bitcoin price could rise if this rare pattern works, says Peter Brandt

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Bitcoin price has formed a rare chart pattern that could push it significantly higher in the next few months, according to famed technical analyst Peter Brandt. In an X post, Peter Brandt, a popular analyst with over 700,000 followers, noted that Bitcoin (BTC) had formed a bullish chart pattern. He pointed to the inverted right-angled broadening triangle, which was coined by Richard Schabacker in 1934. The inverted right angled broadening triangle was coined by Richard W Schabacker in his 1934 book Technical Analysis and Stock Market Profits (se below)Also shown is…

Crypto PAC Fairshake Claims Another Win Against Elizabeth Warren Ally With Bush Loss

That makes 26 U.S. congressional races in which the crypto industry has prevailed in either getting its pick or in opposing a candidate that the sector’s hired political guns saw as a threat to the digital assets space. Sen. Warren and her allies have been a theme of the 2024 crypto spending – which has been outpacing most other U.S. industries. The most prominent example was the $10 million devoted to defeating Rep. Katie Porter (D-Calif.) in her bid for the U.S. Senate. More recently, in Arizona’s 3rd Congressional District,…

Bitcoin is no digital gold safehaven

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Bitcoin is no stranger to volatility or even to 30% “pullbacks” in bull markets. But once in a while the market descends into chaos, reviving the debate on whether bitcoin is a risk asset or a safe haven amid tumult. After the benchmark S & P 500 index on Monday dropped 3% in its worst session since September 2022 , and bitcoin fell 10% for its worst day since November 2022, investors and market observers are again questioning the cryptocurrency’s store-of-value narrative . “It’s a speculative thing,” Nassim Taleb, Universa…

Pepecoin (PEPE) and Mpeppe Rival Coins That Are Dominating The Market With Massive Gains

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In the fast-paced world of cryptocurrency, Pepecoin (PEPE) and Mpeppe (MPEPE) have emerged as standout contenders, each making significant strides with impressive gains. As the crypto market evolves, these two meme coins are capturing attention with their unique attributes and substantial growth. Let’s explore why Pepecoin (PEPE) and Mpeppe (MPEPE) are currently dominating the market and how they are reshaping the future of digital assets. Pepecoin (PEPE): A Trailblazer in Meme Coins Pepecoin (PEPE) has established itself as a notable player in the meme coin arena, primarily due to its…

Solana (SOL) Holders Turn Themselves Into Mpeppe (MPEPE) Big Players

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Solana (SOL) holders are making a bold move by transitioning their investments into Mpeppe (MPEPE), a new player that’s capturing the imagination of the crypto community. With its unique blend of sports passion and blockchain innovation, Mpeppe (MPEPE) is emerging as a major contender poised to redefine the meme coin market and beyond. Solana (SOL) Investors Discover Mpeppe (MPEPE)’s Unique Appeal Solana (SOL) has long been recognized for its high-speed transactions and scalable blockchain solutions, attracting a diverse range of investors. However, as the market evolves, many Solana (SOL) holders…

3 Main Reasons Why Ethereum (ETH) Investors Securing Their Mpeppe Bag

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Ethereum (ETH) investors are increasingly turning their attention to Mpeppe (MPEPE), a new entrant in the meme coin arena. This shift is driven by several compelling factors that highlight why securing a position in Mpeppe (MPEPE) could be a strategic move for those already invested in Ethereum (ETH). Here’s a closer look at the key reasons behind this growing trend. Harness The Power of Popular Culture One of the primary reasons Ethereum (ETH) investors are flocking to Mpeppe (MPEPE) is the coin’s ability to capitalize on the viral nature of…

Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report

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The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor sentiment and the broader market dynamics. Glassnode Report: Bitcoin’s 32% Plunge Signals Mid-Cycle Market Low Glassnode‘s […] Original