Month: August 2024

Bitcoin goes through final dip before a potential surge as SOL recovers

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin eyes a potential $100,000 rally and Solana shows signs of recovery, DTX Exchange steals the spotlight with a $2 million presale surge. The Bitcoin community has been uncertain about the asset since its last crash. The ongoing market sentiment suggests that this might be the last crash for Bitcoin before it hits $100,000. Meanwhile, Solana shows signs of recovery amid a surge in demand, and DTX Exchange…

Binance Research Report: Blockchain Could Transform Cross-Border Transactions

Blockchain technology is set to transform the payments industry by tackling persistent issues in cross-border transactions. A detailed report by Binance Research suggests that incorporating blockchain into payment systems could substantially lower costs and speed up settlements, offering a new direction for global payments infrastructure. Blockchain Gains Momentum in the Payments Industry as Binance Highlights […] Source CryptoX Portal

The Next Big Thing? FLOKI Investors Say Yes

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As the memecoin market continues to fluctuate, one emerging token, Mpeppe (MPEPE), is catching the eye of investors, particularly those who have been involved with Floki Inu (FLOKI). With its price currently at an attractive entry point, Mpeppe (MPEPE) is being hailed as the next big thing by some FLOKI holders who are seeking new opportunities in the volatile crypto landscape. FLOKI’s Rollercoaster: A Lesson in Volatility Floki (FLOKI), a popular memecoin, has seen its fair share of ups and downs. Recently, the token experienced a significant drop of 18.4%…

FLOKI Holder Buy Mpeppe Token At $0.001777 Before The Price Increases

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Recently, FLOKI holders have turned their attention to Mpeppe (MPEPE), a rising star in the memecoin universe, currently priced at just $0.001777. With the price set to increase soon, now might be the perfect time for those invested in FLOKI to diversify their portfolio and capitalize on the potential gains that Mpeppe (MPEPE) offers. FLOKI’s Rollercoaster Ride: A Cautionary Tale Floki (FLOKI) has been one of the most talked-about memecoins of 2024, drawing attention with its ambitious roadmap and a strong community of supporters. However, the coin has not been…

3 Reasons Why You Should Purchase Solana And Mpeppe In 2024

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As the cryptocurrency landscape continues to evolve, investors are constantly on the lookout for promising assets that could offer substantial returns. In 2024, two tokens have captured significant attention: Solana (SOL) and Mpeppe (MPEPE). Both of these assets present unique opportunities, and here are three compelling reasons why you should consider adding Solana (SOL) and Mpeppe to your portfolio this year. 1. Solana’s Growing Dominance and Resilience Solana (SOL) has rapidly emerged as one of the leading blockchain platforms, often compared to Ethereum for its high-speed transactions and lower fees.…

Ethereum Freefalls 20% Following $600 Million ETH Liquidation

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Ethereum has been on a wild ride lately. The cryptocurrency took a nosedive and crashed to a point where ETH changed hands around $2,550, having lost more than 20% of its value in the last 30 days. But despite this massive liquidation, Ethereum’s price forecast still looks rosy. According to Cryptorphic, Ethereum’s future could see it rebound, and that critical support levels create a leeway toward a bullish turn. Related Reading There are a couple of critical reasons for such a slump, especially in the last weeks. According to a…

Bitcoin Price (BTC) Falls to $58.2K; Solana Tumbles 9%

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Headlining the data next week will be the Friday Sept. 6 Nonfarm Payrolls Report for August. The July jobs report was a weak one and likely was the final straw forcing the Fed’s hand in promising a September rate cut. Currently, however, market expectations are for only a meek 25 basis point cut in mid-September. A second consecutive weak jobs print, though, might have investors quickly pricing in a 50 basis point move by the central bank, delivering a strong positive jolt to risk markets, bitcoin among them. Original

Will Shorts Be Rekt This Time?

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Data shows the Bitcoin Open Interest on exchanges has been heading up while the Funding Rate has turned negative recently. Bitcoin Open Interest Trend Suggests Speculators Are Back As pointed out by CryptoQuant community manager Maartunn in a new post on X, things appear to be heating up on the derivatives side of the market. There are two indicators of relevance here: Open Interest and Funding Rate. Related Reading The first of these, the Open Interest, keeps track of the total amount of derivatives contracts related to Bitcoin, whether short…