Day: August 12, 2024

Bitcoin mining analyst reaffirms CleanSpark stock as Buy

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CleanSpark stock has the potential for an upside despite the mixed earnings in its most recent financial report. H.C. Wainwright analyst Mike Colonnese reiterated the firm’s “buy” rating with a $27 target price for the shares of the Bitcoin (BTC) miner. The analyst reaffirmed CleanSpark’s buy rating in a note shared with crypto.news on Aug. 12. Analyst reiterats ‘Buy’ Rating for CleanSpark Despite the mixed third quarter 2024 financial results, H.C. Wainwright says the revenue growth of 129% year over year aligned with their estimate. CLSK, which hovered near $10.95…

Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market Shifts

Twenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to a loss of $405.94 million. Nevertheless, Blackrock’s ETHA and Fidelity’s FETH have witnessed significant gains. ETHA’s net inflows are approaching the $1 billion milestone, while […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Crypto Analyst Reveals Best Altcoins To Buy After This Crash

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In the wake of the market crash of recent weeks, crypto analyst Michaël van der Poppe has provided an analysis of the trajectory of Bitcoin and its impact on altcoins. His remarks centered around Bitcoin dominance and the readiness of the altcoin markets, especially in sectors like Artificial Intelligence (AI) and decentralized finance (DeFi), for a potential rebound and significant growth. Van der Poppe started his analysis by discussing Bitcoin dominance, a metric that reflects Bitcoin’s market capitalization relative to the entire crypto market. The analyst noted that contrary to…

The Next Big ICO to Watch

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As the cryptocurrency market continues to evolve, investors are always on the lookout for the next big opportunity. Recently, a new trend has emerged among Dogecoin (DOGE) investors, who are increasingly turning their attention to Mpeppe (MPEPE), a promising new Initial Coin Offering (ICO) that is generating significant buzz. The Appeal of Dogecoin (DOGE) Dogecoin (DOGE) has long been a favorite among meme coin enthusiasts. Originally created as a joke, Dogecoin’s lighthearted approach and strong community have propelled it into mainstream popularity. Thanks in large part to high-profile endorsements and…

Global volatility slows Bitcoin, but Ethereum could surge: report

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Per a recent Copper Research report, Bitcoin’s price movement has been stagnated by global events, and Ethereum’s limiting supply could lead to a price surge.  The latest issue of Copper Research’s “Opening Bell” report highlights that despite Bitcoin’s (BTC) resilience against the German government’s sale of 40,000 coins, overall market conditions have been challenging, erasing gains made since Bitcoin’s all-time high in March. The report suggests that Bitcoin has little buying activity due to heightened market volatility driven by a series of global events. These events include the U.S. election,…

Dubai's Commodities Exchange and Bybit Enter Advisory Partnership Focused on Web 3

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Bybit has extended its partnership with the Dubai Multi Commodities Centre (DMCC), the cryptocurrency exchange announced today (Monday). Bybit will now transition from being a key ecosystem partner to an advisory role, a move expected to catalyze further growth in Dubai’s burgeoning crypto and Web 3 sectors. Advisory Partner The newly elevated partnership, effective from August 2024 through July 2025, will allow Bybit to step into its role as DMCC’s Ecosystem and advisory partner. This expanded role involves offering guidance to the DMCC Crypto Center and its network, underpinning the…

Early Ethereum (ETH) ICO Investors Join Mpeppe (MPEPE) For Its Extraordinary Gains

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The cryptocurrency market is abuzz with excitement as early Ethereum (ETH) ICO investors flock to Mpeppe (MPEPE), a new memecoin that is capturing attention with its unique blend of sports fandom and blockchain innovation. Mpeppe (MPEPE) is positioning itself as a revolutionary force within the digital asset space, drawing inspiration from the renowned Pepecoin and the dynamic talents of soccer star Kylian Mbappé. This article explores why Ethereum (ETH) investors are eagerly joining Mpeppe (MPEPE) and what sets this coin apart. The Evolution of Mpeppe (MPEPE): A Game-Changer in the…

Ethereum Whales Move Into New Gambling Memecoin Built On ETH

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In recent developments within the cryptocurrency world, Ethereum (ETH) whales are making significant moves towards a new gambling memecoin that is creating waves in the digital asset space. This innovative coin, Mpeppe (MPEPE), combines the thrill of gambling with the cutting-edge capabilities of Ethereum (ETH), positioning itself as a major player in the memecoin market. Ethereum Whales Shift Focus: The Appeal of Mpeppe (MPEPE) Ethereum (ETH) whales, known for their strategic investment choices, are now setting their sights on Mpeppe (MPEPE). This new memecoin is rapidly gaining traction due to…

Rival Memecoins Pepecoin and Mpeppe To Rally 240% in The Coming Months

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Memecoins have carved out their niche with surprising resilience and growth potential. According to recent AI predictions, two rival memecoins, Pepecoin (PEPE) and Mpeppe (MPEPE), are poised for substantial gains in the coming months. Both of these digital assets are projected to rally by an impressive 240%, sparking excitement among investors and enthusiasts alike. Here’s why these memecoins are capturing attention and how they might shape the future of the crypto market. Pepecoin (PEPE) and Mpeppe (MPEPE): A New Era for Memecoins Pepecoin (PEPE), known for its roots in meme…