Day: August 23, 2024

3 Cryptocurrency You Must Be Bullish With Heading Into September ICP, RENDER & MPEPE

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As we approach September, the cryptocurrency market is showing signs of a potential breakout, with several altcoins poised for significant gains. Among them, Internet Computer (ICP), Render (RENDER), and Mpeppe (MPEPE) stand out as top contenders for bullish momentum. Let’s explore why these three cryptocurrencies should be on your radar heading into the final quarter of 2024. Render (RENDER): A Rebound in the Making Render (RENDER) has been one of the most talked-about altcoins in recent months, and for good reason. After suffering a significant correction of more than 70%…

Boost Your Crypto Portfolio With Playdoge and Mpeppe (MPEPE)

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Playdoge (PLAY) and Mpeppe (MPEPE) are poised to offer substantial returns, thanks to their unique propositions, strong community backing, and innovative use cases. Here’s how these two emerging tokens can boost your crypto portfolio. Playdoge (PLAY): Nostalgia Meets Innovation Playdoge (PLAY) has quickly gained traction among crypto enthusiasts, particularly those with a penchant for nostalgia. Combining the beloved Doge meme with the classic Tamagotchi experience, Playdoge (PLAY) offers a Play-to-Earn (P2E) game where players care for their virtual Doge pets, earning PLAY tokens along the way. This innovative approach has…

Top Economist Predicts Bitcoin Price Top Before Recession Begins

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Henrik Zeberg, Head Macro Economist at Swissblock, has reasserted his prediction that a US recession is inevitable, but not before a dramatic upswing in financial markets, including a substantial rally for Bitcoin to heights between $115,000 and $120,000. In his most recent analysis posted on X, Zeberg expounded upon the cyclical nature of markets and how they align with historical economic indicators and current fiscal policies. “REMEMBER!? In December 2022, everybody was BEARISH! I was BULLISH! We were told that ‘Imminent Crash’ was ahead of us – despite the fact…

Bitcoin Price (BTC) Gains 1.1% While Ether Price (ETH) Rises 2.1%

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Harris dips a toe in the crypto waters — is it enough?

Presidential candidate Kamala Harris’ team finally broke their silence on crypto. But is the cautious approach too little, too late? For months, Kamala Harris’ campaign has been notably quiet on the subject of crypto, leaving many to speculate about the Democratic candidate’s stance on the industry. However, the wait appears to be over. According to a Bloomberg report this week, during a roundtable event at the Democratic National Convention in Chicago on Wednesday, Harris’ senior campaign adviser, Brian Nelson, provided some insight into her potential policies. Nelson stated that Vice…

Will BTC React to Powell’s Jackson Hole Speech?

Bitcoin traded between $60,000 and $62,000, keeping the broader crypto market steady with observers split on what the Federal Reserve Chair Jerome Powell will say at Friday’s Jackson Hole meeting. “Given the good CPI reading last Wednesday, we’re likely to get a dovish Powell tone Friday,” Amberdata said in the weekly newsletter, hinting at a potential favorable development for risk assets, including cryptocurrencies. Meanwhile, the crypto-options-focused tech platform SignalPlus said Powell might be cautious. Over at Deribit, the options market isn’t anticipating a Powell-induced volatility explosion. “Single-day BTC options indicate…

Investors Buying Bitcoin (BTC) Over Ethereum (ETH): Key Data Reveals

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The market is facing severe volatility as the two main assets, Bitcoin (BTC) and Ethereum (ETH), are in crucial accumulation phases. However, Bitcoin has performed better over the past ten days, standing out amid the fluctuations.  Related Reading The ETH/BTC chart reveals this shift. At the time of writing, Ethereum’s price in Bitcoin terms was 0.043, its lowest since April 2021. This highlights Bitcoin’s dominance in the current market environment. ETH/BTC 1W chart at the lowest level since April 2021. | Source: ETH/BTC 1W chart on TradingView As prices move…

Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds

The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for charitable causes, Taylor used his social media influence to attract investments, which he then misappropriated. He faces up to 20 years in prison. Clucoin Founder […] Source CryptoX Portal