Day: August 29, 2024

In Defense of Human Traders

That’s where SanR comes in: Traders can use the platform to indicate whether they believe a particular token is moving up at a certain price, or down. These predictions are recorded as NFTs on-chain, meaning they can’t be falsified at a later date should the prediction prove inaccurate. As traders make their calls, the number of accurate and inaccurate predictions pile up, revealing the proportion of each. Other users can then review this data in assessing each traders’ predictive powers, while remaining confident the data hasn’t been messed with. If…

Solana Investors Are Losing Their Minds Over Mpeppe’s 100x Potential

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In September crypto investors are on the lookout for the next big opportunity, and it seems they might have found it in Mpeppe (MPEPE). This emerging memecoin is generating buzz across the crypto community, particularly among Solana (SOL) investors, who are starting to believe that Mpeppe might just be the next big thing. With Solana’s already impressive performance and a top analyst predicting a potential 10x surge for SOL, the excitement around Mpeppe’s 100x potential is reaching fever pitch. Solana’s Meteoric Rise and What It Means for Mpeppe Solana (SOL)…

The Next ETH Moonshot? Solana Investors Are Going Wild!

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In the fast-paced world of cryptocurrency, new tokens emerge regularly, each with the potential to disrupt the market and deliver staggering returns. Among the most talked-about tokens recently is Mpeppe (MPEPE), a memecoin that is quickly becoming the talk of the town, especially among investors who are traditionally more aligned with Ethereum (ETH) and Solana (SOL). With the rapid adoption of Mpeppe and its promising trajectory, Solana investors, in particular, are going wild over its potential. The Solana vs. Ethereum Debate: Why Mpeppe Is Gaining Traction Solana (SOL) and Ethereum…

Mpeppe Rapid Growth Build Traction From Internet Computer Holders

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The cryptocurrency world is no stranger to rapid shifts in sentiment, and as 2024 progresses, a new player has emerged that is capturing the attention of investors across the board. Mpeppe (MPEPE), a memecoin that has been quietly gaining momentum, is now seeing an influx of interest from a surprising source: Internet Computer (ICP) holders. These savvy investors are recognizing the potential in Mpeppe’s rapid growth and are flocking to the token as it builds traction in the market. The Rise of Mpeppe (MPEPE): A Story of Viral Growth Mpeppe…

Trump Keeps Teasing His New Crypto Project, but Details Remain Scant

The project appears to be spearheaded by Trump’s second son, Eric Trump, an executive vice president of his family’s holding company, the Trump Organization. On Aug. 6, Eric Trump posted on X that he had “truly fallen in love with Crypto/DeFi” and urged his followers to “stay tuned for a big announcement,” tagging both his father and older brother Don Jr. in the post. Source

Bitcoin Market Reaches ‘Equilibrium’ as Speculation Declines, Glassnode Reports

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The bitcoin market has hit a phase of tranquility, where investor enthusiasm has cooled, and speculative activity has sharply decreased. According to a thorough report from Glassnode, this quiet spell might be setting the stage for an uptick in market volatility. Glassnode Analysis Shows Bitcoin Market Entering a Tranquil Phase Amid Decline in Speculative Activity […] Original

Bitcoin (BTC) Strategy Working for El Salvador, Says President Nayib Bukele

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…

Long Term Internet Computer Investors Add PEPE Rival To Their Holdings

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Among the myriad of digital assets, Internet Computer (ICP) has carved out a niche, attracting long-term investors with its promise of revolutionizing the decentralized web. However, as 2024 unfolds, these seasoned Internet Computer (ICP) investors are looking to diversify their portfolios, and one token has caught their eye Mpeppe (MPEPE), a rising memecoin with the potential to rival Pepecoin (PEPE). The Rise of AI Tokens: A Boon for ICP Recently, AI tokens have been making headlines for their impressive performance, outshining the broader crypto market. Over the last seven days,…

Bitcoin price could rise as exchange reserves hit 2024 lows

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Bitcoin price held steady above $60,000 on Thursday, Aug. 29, even as its exchange-traded funds saw two consecutive days of outflows. Data from SoSoValue shows that Bitcoin (BTC) ETFs lost $105.19 million in assets on Wednesday after shedding $127 million the previous day. These funds have accumulated $17.85 billion in assets, with most of the money coming from institutional investors. Bitcoin has several catalysts that could push it higher in the long term, as was reported earlier this week.  Another potential catalyst is that the amount of coins held in…

Expert Reveals 4 Reasons To Be Bullish On Q4

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In his latest market analysis titled “Sugar High”, BitMEX founder Arthur Hayes lists four reasons to be bullish on Bitcoin and the broader crypto market in the final quarter of 2024. Hayes opens his analysis with a metaphorical comparison of his skiing diet to the fiscal approaches of major central banks. He likens quick energy snacks to short-term monetary policy adjustments, particularly the interest rate cuts by the US Federal Reserve, the Bank of England, and the European Central Bank. These cuts, he argues, are like “sugar highs”—they boost asset…