Day: September 4, 2024

Analyst Says Litecoin Will Outperform Bitcoin And Large Cap Cryptos With 11,000% Breakout

boss

Este artículo también está disponible en español. Despite being termed the ‘digital silver’, the Litecoin price has remained muted in the last year. The altcoin’s price saw a run-up back in 2023, leading up to its halving. Since then, it has failed to maintain this upward momentum, falling short of the triple-digit level. From here, though, it seems the tide might finally be changing for the Litecoin price, as a notable prediction from an analyst suggests that a rally could send the price to a new all-time high. Litecoin Price…

New Playdoge (PLAY) Investors Add Mpeppe (MPEPE) To Cryptocurrency Holdings For Future Value

boss

Este artículo también está disponible en español. Recently, a growing number of new Playdoge (PLAY) investors have begun adding Mpeppe (MPEPE) to their cryptocurrency holdings. The decision to diversify into Mpeppe (MPEPE) is driven by its unique features, including its integration into online gambling and the inherent advantages of blockchain technology. Here’s why Playdoge (PLAY) investors are increasingly seeing Mpeppe (MPEPE) as a valuable addition to their portfolios. The Appeal of Playdoge (PLAY) and Its Growing Community Playdoge (PLAY) has quickly gained popularity in the memecoin space, thanks to its…

Experts weigh in on whether Bitcoin can break free from September’s bearish narrative

boss

Bitcoin closed August in red, but experts are divided on whether September could bring a recovery, with some pointing to macroeconomic shifts, potential rate cuts, and rising institutional interest as reasons for optimism. Coinglass data shows that, since 2013, Bitcoin (BTC) has often recorded losses during September, making it the worst-performing month for the digital asset. On average, Bitcoin has dropped by -5.36% in September, with gains in only four of the past thirteen years. This consistent poor performance has made investors uneasy, fearing that the trend could persist in…

Former Mt. Gox CEO Rolls Out New Crypto Exchange EllipX in Poland

boss

Mark Karpeles, the former CEO of Mt. Gox, is set to launch a new cryptocurrency exchange called EllipX this month. Based in Poland, the platform will initially serve European users, with plans for global expansion. The exchange will focus on cryptocurrency trading at launch, with the possibility of adding banking and fiat currency services in the future. Targeting MiCA Compliance EllipX will aim to comply with the EU’s Markets in Crypto-Assets (MiCA) regulations. Karpeles has emphasized the importance of transparency, promising regular third-party audits of the platform. In an interview…

Low Investment Threshold, Greater Financial Control Lure Aussies to Crypto, Study Finds

The report indicates that Australia has a higher cryptocurrency adoption rate with one in every five current or past crypto holders. Key factors driving adoption include the relatively low investment threshold, greater financial control, and a perception of increased equality. However, barriers such as lack of knowledge and understanding hinder adoption. Aussies Embrace Alternative Investments […] Source CryptoX Portal

Rahat’s Rumee Singh Enhances Financial Resilience with Blockchain

Alvin Lang Sep 04, 2024 09:39 Rahat, led by Rumee Singh, leverages blockchain technology to support financially vulnerable populations globally, winning accolades and grants. Rahat, a groundbreaking initiative spearheaded by Rumee Singh, is making significant strides in providing financial resilience to underserved populations through blockchain technology. According to Circle, the project aims to address the financial inclusion gap in Nepal and beyond, leveraging digital dollars like USDC to offer financial services to those neglected by traditional banking systems. Blockchain: A Tool for…

Bitcoin Investors Beware: MVRV Has Given Bear Market Signal

boss

On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Z-Score is currently giving a bearish signal for the BTC market. Bitcoin MVRV Z-Score Has Seen A Bearish Crossover Recently In a new post on X, CryptoQuant author Axel Adler Jr has discussed the latest trend in the Bitcoin MVRV Z-Score. The MVRV Z-Score refers to an indicator that keeps track of the difference between the BTC market cap and realized cap, divided by the standard deviation of the market cap. The market cap here is naturally just the…

Bitcoin, Ethereum whales accumulate despite market-wide selloff

boss

On-chain data shows increased accumulation from Bitcoin and Ethereum whales despite market-wide bearish momentum. According to data provided by IntoTheBlock, the number of large Bitcoin (BTC) and Ethereum (ETH) transactions, worth at least $100,000, started to increase on Sept. 1 after a set of constant declines in the last week of August.  BTC whale transactions – Sept. 4 | Source: IntoTheBlock The number of large BTC transactions surged from 13,100 on Sept. 1 to 18,000 on Sept. 3. Ethereum witnessed a similar momentum. Whale transactions consisting of at least $100,000…