Dogecoin is at a crucial price level following a market surge driven by the Federal Reserve’s announcement of a 50 basis point interest rate cut. The meme coin is on the verge of breaking a resistance that could ignite a rally to new highs. Analysts and investors are making bold predictions, with one analyst forecasting a “conservative” 1,000% surge if the price gains momentum. DOGE has consistently traded above strong demand levels and targets local highs to break its current price structure. A change in this structure could result in…
Day: September 19, 2024
The Maturing Crypto Job Market
A quick LinkedIn search for profiles containing the keyword “blockchain” on their resumes produces 152,000 results while “crypto” shows 119,000. This is a decline from the peak employment in crypto at about 211,000 mid-2021 due to bear markets, inflation, and layoffs affecting the job market. Source
Ethereum Developers Confirm Plan to Split 'Pectra' Upgrade In Two
The decision to split up the upgrade wasn’t unexpected. Developers had been discussing previously that Pectra was becoming too ambitious to ship all at once, and expressed desires to split it in order to minimize the risk of finding bugs in the code. Source
Why Investor Demand and Advisor Hesitancy Keep Focus on Bitcoin Over Ethereum and Solana
So, as it stands, advisors are not meeting client needs. This will leave clients under-allocated at a time when the asset is still experiencing outperformance relative to traditional assets. The opportunity cost of forgoing significant alpha could significantly impair client performance over the long run. It is crucial for advisors to realize the time is now to position their clients for future success. It’s time for advisors to educate themselves on this asset class and pass on what they learn to clients. Remember, as an advisor, a diversified portfolio does…
Over 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing
In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology has given Bitcoin a new role in the world of digital collectibles. Today, Bitcoin stands as the third-largest blockchain by non-fungible token (NFT) sales, carving […] Original
Dogecoin Forming First Golden Cross In 4 Years, Is A 3700% Rally To $3.8 Possible?
Este artículo también está disponible en español. Dogecoin could be gearing up for another major surge in price as the meme coin’s chart shows the formation of a major pattern. The Golden Cross pattern is a major bullish formation on a chart that usually precedes a notable rally for digital assets such as DOGE. Currently, the Dogecoin price is forming its first golden cross in four years, making this an important development for the meme coin’s price. Dogecoin Analyst Points out Golden Cross Dogecoin analyst Kevin Capital on X (formerly…
Bitcoin Taps $63K After Fed Rate Cut Sparks Market Rally
Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve’s decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the past 24 hours, global trading volume jumped by 26.92%. Crypto Market Surges 5%, Stocks Rise, Gold […] Original
Police Arrests Two People Related to $243M Crypto Heist Targeting Genesis Creditor
Two people have been arrested following an investigation into a $243 million heist of a creditor of defunct trading firm Genesis, according to blockchain sleuth ZachXBT. Source
Sei spikes 23% as Bitcoin breaks above $63k
Sei, the layer-1 blockchain for high-frequency crypto trading, saw its native token’s price jump more than 23% in 24 hours as top altcoins rallied alongside Bitcoin. On Sept. 19, Sei (SEI) rose from lows of $0.26 to hit $0.35 across major exchanges. SEI trading volume surged 159% to over $270 million, while the altcoin’s market cap reached $1.1 billion. The gains saw SEI rank second among the biggest gainers in the top 100 coins by market cap, trailing only the rallying Popcat (POPCAT). The Solana meme coin was up 33%…
Bitcoin Price (BTC) Rose 4.3% While Ether Price (ETH) Jumped 5.0%
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