Month: November 2024

Dogecoin TD Sell Signal Goes Off, But Here’s Why Parabolic Bull Run Can Still Continue

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Dogecoin has just showed a Tom Demark (TD) Sequential sell signal, but an analyst has explained how the parabolic run could still continue for DOGE. Dogecoin Is Currently Showing A Pattern Similar To Previous Bull Runs In a new post on X, analyst Ali Martinez has discussed about a TD Sequential signal that has formed for Dogecoin’s weekly price recently. The “TD Sequential” refers to a technical analysis (TA) indicator that points out locations of probable tops and bottoms in a given asset’s price. This indicator involves two phases: the…

Printemps Becomes First European Luxury Store to Accept Crypto Payments

The adoption of cryptocurrency payments by Printemps marks a milestone in the European luxury goods industry. Customers Can Now Buy High-End Fashion Products With Crypto Printemps, a leading French luxury department store has become the first major retailer in Europe to accept cryptocurrency payments. This bold move reflects the growing adoption of digital currencies in […] Source CryptoX Portal

Explosive Breakout Ahead? XRP Bulls Rally Toward $2 Mark

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Este artículo también está disponible en español. Recently, XRP has been on a robust positive run; some predict that the altcoin will hit $2 in the following weeks. This hope coincides with increasing whale activity, as technical signs suggest that the price might cross significant barrier levels. Starting in early November, XRP’s explosion has inspired experts and investors. Related Reading Whales Fuel Price Movement Whale purchase activity is one of the main causes of XRP’s recent rise. Widely seen as a positive sign, large altcoin holders have been accumulating millions…

DOGEN, SOL, and SUI surge as Bitcoin’s strength declines

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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.  DOGEN, SOL, and SUI rise as Bitcoin’s price surge cools off. The cryptocurrency market is experiencing a surprising turn. As Bitcoin’s influence fades, alternative coins are gaining ground. DOGEN, SOL, and SUI are showing remarkable growth, drawing the attention of investors. DOGEN: The meme coin for champions Picture living the best life—cruising in luxury cars, stacking cash, and turning heads. That’s the DOGEN lifestyle. For those always seeking the…

Bull Flag Rally Points To Another 50% Surge

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Este artículo también está disponible en español. Crypto analyst CoreCrypto has predicted that the Cardano price could enjoy a massive breakout soon enough. The analyst highlighted a bull flag-like structure that could cause Cardano to enjoy another 50% price surge.  Cardano Price Breakout On The Horizon In a TradingView post, CoreCrypto stated that the Cardano price is showing strong bullish momentum and is breaking out from a bull flag-like structure, with a successful retest confirming this move. The analyst added that the support is holding firm, signaling a potential rally…

XRP Rockets Towards $2 as Bullish Momentum Surges

XRP has witnessed an impressive surge, climbing 16.4% in the last 24 hours to reach $1.72. This rally positions XRP as the fifth-largest cryptocurrency by market capitalization, with bullish trends evident across all timeframes. XRP On the daily chart, XRP exhibits a robust uptrend, having risen from $0.50 to $1.72 in a parabolic movement this […] Source CryptoX Portal

Ethereum Struggles Below $3,659 Resistance: Is Momentum Fading?

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Este artículo también está disponible en español. Ethereum is grappling with a critical resistance level at $3,659 as momentum appears to wane. After a period of steady gains, the cryptocurrency has moved into a consolidation phase, with bulls struggling to push it higher. The pause has raised questions about whether Ethereum’s rally is losing steam or simply gearing up for its next big move. This article aims to analyze ETH’s current consolidation below the $3,659 resistance level, focusing on its implications for market pressure. It will also determine whether ETH…

HYPE Mania: Hyper Foundation Drops $1.74B Airdrop on Decentralized Finance

The Hyper Foundation has completed a major airdrop of its native cryptocurrency, HYPE, bringing the total circulating supply to 333,928,180 tokens. With a market capitalization of $1.74 billion, the event highlights the foundation’s goals toward enhancing the Hyperliquid ecosystem. Hyper Foundation Shakes the Market Founded to support Hyperliquid, a decentralized trading platform and layer one […] Source CryptoX Portal

Second Distribution By Celsius Network: Creditors To Receive Bitcoin Valued at $95,000 Each

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Once a prominent player in the cryptocurrency lending space, Celsius Network has commenced its second round of distributions to creditors, amounting to $127 million. This follows the company’s prior efforts to distribute approximately $3 billion in crypto and fiat currency, initiated after a successful vote on its reorganization plan earlier this year. The latest distribution is aimed at eligible creditors affected by Celsius’ collapse and subsequent Chapter 11 bankruptcy filing, which temporarily halted withdrawals before the reorganization efforts.  Celsius Implements Changes To Second Distribution According to court documents, the funds…

Boyaa Interactive becomes Asia’s largest corporate Bitcoin holder

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Boyaa Interactive, a Chinese gaming giant, has become the largest corporate holder of Bitcoin in Asia, overtaking Japan’s Metaplanet. This follows Hong Kong-listed Boyaa Interactive’s move to convert $49.48 million worth of Ethereum (ETH) into Bitcoin (BTC), which it disclosed on Nov. 29. Boyaa’s ETH to BTC conversion occurred between Nov. 19, 2024, and Nov. 28, 2024, with 14,200 ETH converted to approximately 515 BTC, the company said. According to a filing, the conversion of $49.48 million worth of Ether to Bitcoin was conducted in the open market. Boyaa Interactive…