Day: August 19, 2024

Analyst Forecasts Bitcoin Bull Run Top With Time-Tested Indicator

boss

In a video update on YouTube, crypto analyst Rekt Capital delved into the dynamics of Bitcoin’s price movements through the lens of the PI Cycle Top Indicator, a predictive tool that has garnered attention for its historical accuracy in pinpointing the peaks of Bitcoin bull runs. Here’s How High Bitcoin Price Could Go This Cycle The PI Cycle Top Indicator operates by tracking two key moving averages: a short-term 111-day moving average (colored orange in Rekt Capital’s visual analysis) and the 350 day moving average (depicted in green) to gauge…

NY Judge Rejects U.S. SEC’s Efforts to Stymie Tron’s Arguments in Ongoing Securities Suit

“Indeed, if the SEC is granted permission to file a sur-reply addressing the various common enterprise tests (which were not addressed in any prior pleading), Defendants will need sur-sur-reply to state our position on this new issue,” the letter from Tron’s attorney read. “In other words, the SEC asks for three pages to respond to an issue of its own devise.” Source

Bitcoin Miner Greenidge Files Legal Complaint Against New York Regulator, Reports Q2 Earnings

boss

Greenidge Generation Holdings Inc. has initiated legal action against the New York State Department of Environmental Conservation, challenging the denial of its air permit renewal. The company also reported its second-quarter financial results, highlighting cost reductions and ongoing business transformation. Greenidge Generation Challenges New York Permit Denial, Reports Q2 Performance Greenidge Generation Holdings Inc. filed […] Original

Bitcoin flashes indicator that often precedes higher prices: CryptoQuant

boss

Bitcoin has signaled the end of miner capitulation, as indicated by the popular Hash Ribbons indicator, according to analysts at the on-chain data and analytics platform CryptoQuant. The analysts’ commentary on the potential for Bitcoin (BTC) to see a fresh surge comes as the flagship cryptocurrency retested the $59k level. However, crypto has struggled over the past week, with BTC price retreating to levels below $60k after hitting resistance at the $62,400 area. Hash rate hits all-time high While bears remain a threat, CryptoQuant’s latest post about the possible price…

Harris would pick Gary Gensler as treasury secretary: report

Rumors are circulating that Securities and Exchange Commission Chairman Gary Gensler may be nominated as Treasury Secretary if Vice President Kamala Harris wins the presidential election in November. According to the Washington Reporter, speculation is mounting that Gensler could be nominated for the Treasury Secretary role if Harris wins the November election. This has significant implications for the crypto community, as Gensler has previously dragged his feet on crypto innovation. Although Gensler has not indicated any plans to leave his current role, senior Senate staffers and top Republicans suggest that Harris…

XRP Primed For A Major Breakout, The Next Price Target Will Shock You

boss

Amid recent market volatility, major cryptocurrencies like XRP have seen a wave of optimism among investors and traders as several crypto analysts continue to offer bold predictions regarding the altcoin. Even though XRP has not been able to witness a massive surge since its rally to its current all-time high in 2017, these analysts are confident that a similar move could take place in the ongoing bull cycle. Is XRP On The Brink Of Hitting A New All-Time High? In an audacious prediction, well-known crypto expert and trader, Xaif, delving…

Crypto Experts Believe This New ICO Will Surpass Dogecoin (DOGE) Becoming The Biggest Memecoin

boss

Dogecoin (DOGE) has long held the title of a leading memecoin, captivating both investors and the general public with its unique blend of humor and financial potential. However, a new ICO, Mpeppe (MPEPE), is generating significant buzz and is being heralded by crypto experts as a potential challenger to Dogecoin (DOGE)’s dominance. Let’s dive into why Mpeppe (MPEPE) could surpass Dogecoin (DOGE) and become the next big thing in the memecoin arena. Dogecoin (DOGE): The Memecoin Pioneer The Legacy of Dogecoin (DOGE) Dogecoin (DOGE) began as a lighthearted joke, inspired…

US Bitcoin ETFs on the Verge of Controlling 1 Million BTC

According to the latest data collected on Aug. 16, 2024, the 12 spot bitcoin exchange-traded funds (ETFs) collectively hold around 910,153.83 BTC, which translates to over $53 billion at the current exchange rates. Leading the pack is Blackrock’s IBIT, holding the largest portion with 38.34% of the total BTC. 12 Spot Bitcoin ETFs Close in […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Mpeppe’s Utility Boost Their Popularity As Pepe Unchained Investors Join The Pre-sale

boss

Mpeppe (MPEPE) is one such project, quickly gaining popularity for its unique approach to blending De-Fi, gaming, and sports betting within its ecosystem. This surge in interest has not gone unnoticed by investors in Pepe Unchained (PEPU), many of whom are now joining the Mpeppe (MPEPE) pre-sale to capitalize on its promising features and potential for growth. Pepe Unchained (PEPU) Investors Seek New Opportunities Pepe Unchained (PEPU) has built a strong following, thanks to its roots in meme culture and its commitment to decentralized governance. However, as the cryptocurrency landscape…

Mpeppe’s (MPEPE) Impressive Performance Has Gathered The Attention Of XRP Whales

boss

Certain tokens manage to stand out, attracting significant attention from seasoned investors. One such token is Mpeppe (MPEPE), whose impressive performance has recently caught the eye of Ripple (XRP) whales. Known for their large holdings and strategic investments, these XRP whales are now showing interest in Mpeppe (MPEPE), recognizing its potential to shape the future of decentralized finance (De-Fi) and virtual worlds. Ripple (XRP) Whales Seek New Opportunities in MPEPE Ripple (XRP) has long been a staple in the cryptocurrency market, valued for its utility in facilitating cross-border payments and…