Day: December 27, 2024

Moo Deng Crypto Climbs 70% On Buterin’s Backing

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Vivek Ramaswamy’s Strive Targets BTC Exposure With Bitcoin Bond ETF Proposal

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Strive Asset Management, co-founded by Republican Vivek Ramaswamy, has introduced a proposal for a ‘Bitcoin Bond’ exchange-traded fund (ETF). This fund aims to offer exposure to bitcoin (BTC) by investing in convertible securities, primarily from firms such as Microstrategy. Microstrategy and More: Strive Asset Management’s Bitcoin Bond ETF Embraces Crypto Giants The Bitcoin Bond ETF […] Original

Ethena price reverses as whales dump, exchange balances rise

Ethena price retreated for three consecutive days as exchange balances continued rising and as whales sold their tokens. Ethena (ENA) token dropped to $0.95, moving below the psychologically important level of $1 for the first time since Dec. 20. The ongoing crash is caused by the risk-off sentiment in the crypto industry, which has caused Bitcoin (BTC) and other prices to be lower.  It also happened as on-chain data showed that whales were selling their tokens. The biggest transaction occurred when a whale sent 11.6 million ENA tokens worth $11 million…

Dogecoin (DOGE) Steadies Above Support: Can It Build Momentum?

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Dogecoin revisited the $0.30 support zone against the US Dollar. DOGE is now consolidating and might gain traction if it clears the $0.3165 resistance. DOGE price started another decline and traded toward the $0.300 level. The price is trading below the $0.320 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.3165 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could gain momentum if it clears the $0.3165 and $0.320 resistance levels. Dogecoin Price Revisits…

XRP Price Takes a 5% Hit: Is More Downside Ahead?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Crypto expert behind BONK’s 900% rise predicts DOGEN will hit $5 after historic low

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto expert behind BONK’s surge now predicts DOGEN to rise from $0.0013 to $5, sparking investor excitement. A seasoned cryptocurrency expert who accurately predicted a massive surge in BONK is now eyeing DOGEN for a remarkable rise. With an initial price of just $0.0013, DOGEN is projected to soar to $5. This bold forecast is creating buzz in the crypto community and could signal a new opportunity for investors.…

Is the Decline Gaining Momentum?

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Este artículo también está disponible en español. Ethereum price started a fresh decline from the $3,550 resistance. ETH is now showing bearish signs and might slide below the $3,300 level. Ethereum started a fresh decline from the $3,550 zone. The price is trading below $3,450 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $3,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if it settles below the $3,300 level. Ethereum Price…

Bitcoin Price Takes Another Hit: Bears Tighten Their Grip

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Bitcoin price failed to surpass $100,000 and corrected gains. BTC is back below $96,500 and might revisit the $93,200 support zone. Bitcoin started a fresh decline from the $99,400 zone. The price is trading below $96,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $98,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 support zone. Bitcoin Price Dips Again Bitcoin price started…

Here is why crypto whales are flocking to these 4 altcoins

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s surge past $100K shifts focus to altcoins as whales pour in, drawn by unique growth factors. With Bitcoin soaring past $100,000 and the bull market in full swing, attention is shifting to certain altcoins that are catching the eye of major investors. These digital assets are seeing significant inflows from large holders, but what makes them so special? Uncover the surprising factors driving whales to accumulate these four…

Solana Memecoin PENGU Flips BONK Amid Whale Accumulation

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Este artículo también está disponible en español. The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization. The token’s rally has gathered massive interest from large-scale investors, who have heavily invested in the token over the last few days. Related Reading New Solana Token Steals The Spotlight On December 17, the Pudgy Penguins Non-Fungible Token (NFT) project launched its official token, PENGU, on the Solana Blockchain. The token has moved through the ranks, flipping other Solana-based tokens and gathering massive attention in…