Posts

Michael Saylor's MicroStrategy to Raise $2.6B to Buy More Bitcoin

Image
Continuing the accumulation strategy that has been so successful for the company, Michael Saylor’s MicroStrategy has announced it will raise $2.6 billion to buy more Bitcoin. That figure is up from the previous $1.75 billion they had raised for BTC purchasing purposes. In a press release issued today, the firm announced an offering of convertible senior notes. Indeed, the move continues the same process the company has used to grow its Bitcoin holdings. To this point, it has paid dividends, with the company’s stock surging amid its ongoing accumulation of the leading crypto. JUST IN: Michael Saylor's MicroStrategy to raise $2.6 billion, up from $1.75 billion, to purchase more #Bitcoin. — Watcher.Guru (@WatcherGuru) November 20, 2024 Also Read: Michael Saylor’s Bitcoin Pitch to Microsoft Set to Lead Another Crypto Boom? MicroStrategy to Raise $2.6 Billion—Up From $1.75 Billion—to Buy More Bitcoin Bitcoin has continued to have a November to remember this year. Just last week, the ass

Analyst Says Dogecoin Has Way More Room To Grow, Sees Potential Rally to New All-Time High for DOGE

Image
A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) may be gearing up for an explosive surge. Analyst Ali Martinez tells his 80,000 followers on the social media platform X that DOGE has more upside potential based on the level of public interest relative to its current price level. He uses Google search trends to gauge the level of interest for the top memecoin by market cap. “I read people saying Dogecoin will not go higher because of ‘market cap,’ ‘sell the news,’ ‘better memes.’ Well, when you look at the interest in DOGE over time, it isn’t even at peak popularity yet. Long story short, DOGE has way more room to grow.” Source: Ali Martinez/X He also says that DOGE may be forming a bull flag pattern on the hourly timeframe and may soon surge past its all-time high of about $0.74. In technical Analysis , a bull flag is viewed as a continuation pattern, indicating that an asset is consolidating and gearing up for a fresh rally. “D

Dogecoin on track for a 100% rally to $0.82, analysts predict

Image
Dogecoin (DOGE), the original meme coin, is once again at the center of crypto market speculation, with analysts forecasting a massive rally.  According to cryptocurrency technical and on-chain analyst Ali Martinez, the token could surge 104% to reach $0.82, provided it holds the critical $0.37 support level. Martinez shared this bullish outlook on November 19, citing DOGE’s breakout from a bull flag pattern—a well-known technical indicator that often signals continued upward momentum. Ali Martinez DOGE analysis. Source: Ali Martinez Renowned pseudonymous macroeconomist and trader Milkybull also weighed in on DOGE’s potential, stating, “Another wave of rallies is loading for $DOGE as it broke out of the bull flag. The interesting thing about the bull flag in a bull market is that it rarely fails.”  Picks for you Goldman Sachs predicts

Is It Too Late To Buy PONKE? Ponke Price Surges 21% And This Might Be The Next Crypto To Explode

Image
The Ponke price surged 21% in the last 24 hours to trade at $0.8098 as of 11:33 p.m. EST on trading volume that skyrocketed 34% to $118.8 million. Ponke Price Aims For A Continued Surge Since the beginning of 2024, the Ponke price has been in a continued surge, as it registered new highs every month. However, the bears may have taken charge of the price of Ponke in July, which allowed the bears to push PONKE down to the $0.20 level, according to data from GeckoTerminal . The $0.020 support zone allowed the price of Ponke to surge, forming a rounding bottom pattern, which is typically a reversal pattern, as the bulls aim to sustain this momentum. PONKE trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish rally. The death cross around $0.35 further cements the bullish sentiments. The Relative Strength Index (RSI) is in the overbought zone around 82, which often indicates that the asset is experiencing strong buying pressure. Whi

Could Gary Gensler resign from SEC at the end of November?

Rumors have emerged that the current Securities and Exchange Commission (SEC) Chair, Gary Gensler, could announce his resignation as early as this month. With Donald Trump having vowed to fire Gensler, speculation in Washington indicates that he is set to announce his resignation after Thanksgiving, with plans to exit in early January ahead of Trump’s inauguration, according to a post on X  by Fox Business reporter Eleanor Terrett on November 16. “It’s anyone’s guess when his resignation announcement will come, but chatter in DC circles is that he’ll likely announce after Thanksgiving his intention to exit in early January, ahead of Trump’s inauguration,” Terrett said.  Picks for you Bybit cardholders to enjoy early Black Friday and Cyber Monday deals 2 hours ago

8 Essential Steps to Implement Tokenization in Your System

Image
Image Source Implementing tokenization can be a game-changer for securing sensitive data in your systems. If you’re handling financial transactions, customer information, or proprietary business data, keeping it safe from breaches is a top priority.  Tokenization replaces sensitive data with unique identifiers. It ensures that even if your systems are compromised, the actual data remains secure. However, implementing tokenization requires careful planning to ensure it integrates seamlessly into your existing processes.  Understanding the key steps involved can help you streamline the implementation and avoid potential pitfalls along the way. Identify Sensitive Data Conduct a comprehensive audit to pinpoint all sensitive data within your organization. This includes personally identifiable information (PII), payment card details, health records, and any other data that, if compromised, could lead to significant harm or regulatory penalties.  Just as you would assess market

2 cryptocurrencies to reach $5 billion market cap by the year-end

Image
The cryptocurrency market, despite its inherent volatility, continues to offer opportunities for substantial growth as certain projects stand out with significant potential.  Currently, the global cryptocurrency market cap is steady at $3.18 trillion, with a 1.9% change over the past 24 hours, signaling a period of increased optimism among investors. In light of this, Finbold has identified two cryptocurrencies most likely to exceed the $5 billion capitalization threshold by year-end. Picks for you Ripple’s 2024 sales amount to over $3 billion in XRP at current prices – What’s next? 19 mins ago Bitcoin price levels to watch as $100,000 target becomes more realistic 2 hours ago

Bitcoin flippened silver and Saudi Aramco — are Google and Amazon next?

On Wednesday, the market capitalization of bitcoin exceeded Saudi Aramco, the world’s largest oil company. According to CompaniesMarketCap, a popular leaderboard that excludes many private assets, bitcoin ‘flippened’ the company for a few hours during Wall Street’s lunchtime.  That achievement came mere minutes after bitcoin surpassed a popular albeit imprecise measure of the world’s mined silver: 1,751,000 metric tonnes. Although bitcoin’s retracement to a $1.7 billion market cap on Thursday reinstated the $1.8 trillion Saudi Aramco to its higher rung, bitcoin is still higher than silver and very close to re-flippening Saudi Aramco. In any case, Bitcoiners are already looking past the oil giant and precious metal. Scanning toward the top of the list, they are seeking their next target to flippen . Historic moment: bitcoin's market cap just exceeded that of all the aboveground silver, the noble metal used as money for over 4,000 years. pic.twitter.com/4rw3wibXYP —

dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing

A dog-themed rival of Dogecoin (DOGE) is continuing its post-election ascent after gaining support from top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says that popular meme asset dogwifhat (WIF), which launched less than a year ago in December 2023, is now available on its platform to buy, sell, end, send and convert. “dogwifhat is now live on [coinbase.com] and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the listing sent WIF flying from a low of $2.99 on November 13th to its current price of $4.05, a gain of 34%. The day before the 2024 presidential election, WIF has valued at just $1.92. WIF launched last year on the Solana (SOL) blockchain as a community-driven memecoin with a fixed supply. It displays the image of a Shiba Inu dog wearing a pink knitted hat and quickly gained popularity. Last month, pseudonymous crypto trader Credibl

$PEPE Coin Surges to New Highs with Coinbase Listing – Can It Reach $10B Market Cap?

Image
Pepe coin has experienced a dramatic surge, reaching an all-time high that surprised even the most optimistic forecasts. This impressive rise, coupled with the news of Coinbase and Robinhood listing the coin, has captured the attention of the crypto market. Initially, a modest price target was set at $0.0000172, but $PEPE exceeded expectations, shooting up by 72% in just one day. This significant movement is driven by a combination of factors, including a new influx of liquidity, positive market sentiment, and the strong media coverage surrounding the coin’s growing presence. $PEPE Coin Price Prediction At the time of writing, $PEPE is trading at $0.0000227 with a market cap of $9.57 billion and a 24-hour trading volume of $21.1 billion. As Pepe coin reaches new heights, there are speculations that its price could continue to climb, with some predicting that it could even touch $0.000027. The coin has entered a euphoric zone, with its RSI showing strong bullish momentum, although i

Trending Coins on GeckoTerminal – Baby BitCoin, First Convicted RACCON, Pepe

Image
Bitcoin has recently set multiple records as it climbs closer to the highly anticipated $100,000 price level. On Tuesday, Bitcoin hit a new all-time high of $89,950, raising its market cap to $1.787 trillion. This valuation places Bitcoin above silver, making it the eighth most valuable asset globally. At the same time, Bitcoin saw a notable milestone in trading activity, reaching $145 billion in daily turnover. Meanwhile, tokens across other chains are printing gains. This article curates the most trending coins on GeckoTerminal. Trending Coins on GeckoTerminal DOGE is trading at around $3.0156 on Raydium, showing a substantial 1,416% increase over the past 24 hours. Meanwhile, BABYBTC is priced at 0.0008373, marking a 2.79% rise within the same period. The FRED token has also seen notable growth on Raydium and is now valued at $0.1066. Pepe Unchained recently completed a successful presale in the meme coin sector, raising $27.5 million—a strong entry into the market. PEPE’s curre

SOL price prediction as Solana surpasses Ethereum in ‘real economic value’

Image
Solana (SOL) surpassed Ethereum (ETH) in Real Economic Value (REV) as both chains achieved new revenue all-time highs this Monday. With that, market participants speculate and predict SOL’s price potential for what could be “the biggest crypto bull run ever.” Real Economic Value is an important fundamental Analysis metric that gives insights into a blockchain’s demand and use. It is arguably a better metric than active addresses, as it is more expensive to manipulate but still requires caution. On November 11, Solana and Ethereum reached a daily revenue ATH of $12.1 million and $11.2 million, respectively. Weekly, the networks made a total of $48.7 million and $39.0 million, respectively, consolidating the third consecutive week of Solana generating more revenue than Ethereum – as Dan Smith, Blockworks Research analyst, reported. Picks for you