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Showing posts from February, 2024

New Cryptocurrency Releases, Listings, and Presales Today – Portal, beoble, 0xScans

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The crypto market is experiencing sustained green candle sticks as investors anticipate the upcoming Bitcoin halving. This surge in optimism has led investors to reassess their portfolios, with some favoring newly listed coins with high growth potential over traditional high-market cap coins. As a result, there has been a notable increase in token listings across various crypto platforms as projects vie for investor attention by touting promising future returns. Due to their significant promise, projects like Portal, beoble , and 0xScans are capturing attention within the crypto market. This article delves into their tokenomics, use cases, partnerships, and other pertinent Features contributing to their attractiveness as investment opportunities. New Cryptocurrency Releases, Listings, and Presales Today The Bitcoin ETF (DEFI) has reached a new yearly peak. At the same time, the BBL token has demonstrated resilience since its listing, finding solid support around $0.25. Additional

Bitcoin sell-off alert: reliable indicator warns of imminent correction

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So far, 2024 has been a strong year for Bitcoin (BTC). While one of the earliest positive developments for the cryptocurrency – the approval of a series of U.S.’ first-ever spot BTC exchange-traded funds (ETFs) – led to a brief but significant crypto market downturn, the recovery in the second half of January and February has been nothing short of staggering. Bitcoin particularly found itself at the center of attention after it entered into a major and ongoing surge on February 26 which, by February 29, saw it rise above $60,000 for the first time since 2021. The momentum couldn’t be stopped even by a flash crash to $58,700 as the cryptocurrency exchange Coinbase (NASDAQ: COIN) buckled under pressure stemming from a surge of public interest in Bitcoin on February 28. Picked for you Unveiled: The healthcare stock with a century of sky-high returns you never knew about 18 mins ago SHIB and DOGE trigger $5 billion overnight explosion: Still time to buy? 1 hour ago

Bitcoin hits $63k as Memeinator’s stage 16 presale nears completion

Key takeaways Bitcoin topped the $63k level for the first time since December 2021. Memeinator’s presale has raised more than $5.2 million.  Bitcoin approaches its all-time high price Bitcoin, the world’s leading digital currency by market cap, has performed excellently since the start of the week. It is up by 22% during that period, outperforming other major cryptocurrencies.  BTC hit the $63,700 mark on Wednesday, its highest level since December 2021. At press time, the price of Bitcoin stands at $62,969, up by 10% in the last 24 hours. It is now getting closer to its all-time high price of $69k. What is Memeinator? Memeinator is a meme Web3 project that is still in its presale stage . The project seeks to provide service to content creators who use memes.  According to the whitepaper on the official Memeinator website, the development team laid out a series of strategies to help them turn Memeinator into one of the leading meme coins in the c

Ethereum Price Prediction: Former Goldman Sachs Analyst Sees Huge ETH Breakout Against Bitcoin, But Experts Say This 10X Meme Coin Might Be The Best Crypto To Buy Now

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The Ethereum price rose 2.5% in the last 24 hours to trade at $3,350 as of 04:50 a.m. EST on trading volume that plunged 12.41% to $19 billion. This comes as former Goldman Sachs executive Raoul Pal says that ETH is gearing up for a huge breakout a gains t Bitcoin. The ETH/BTC chart is an absolute stunner…and ready for the next big move the break of the mega wedge…lets see how is pans out… pic.twitter.com/5x4tJLjtJy — Raoul Pal (@RaoulGMI) February 25, 2024 In his Analysis on X, Pal says that ETH/BTC has already broken out of a descending channel, which is a signal for an imminent bullish trend reversal.  As many analysts turn bullish on Ethereum, can it soar enough to challenge Bitcoin? Ethereum Price Bullish, Riding The Rising Channel ETHUSD Chart Analysis Source: Tradingview.com At the beginning of February, the Ethereum price was in a consolidation phase, trading within the $2,300 range. However, the bulls showed some strength, pushing the price to trade within the boun

Bitcoin Price Prediction: Top Trader Peter Brandt Hikes 2025 BTC Target To $200K As Bitcoin Surges 9% In A Week And Experts Say This Green BTC Token Might 10X

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The Bitcoin price rose 3% in the last 24 hours and 9% in the past week to trade at $57,175 as of 00:23 a.m. EST on trading volume that dropped 17% to $39 billion. This comes as prominent crypto analyst Peter Brandt expects the ongoing Bitcoin bull market to peak at $200,000, up from an earlier estimate of $120,000. Bitcoin Update With the thrust above the upper boundary of the 15-month channel, the target for the current bull market cycle scheduled to end in Aug/Sep 2025 is being raised from $120,000 to $200,000. $BTC A close below last week's low will nullify this interpretation pic.twitter.com/19ZXpAQW0v — Peter Brandt (@PeterLBrandt) February 27, 2024 The ongoing bullish trend is expected to continue as the Bitcoin halving approaches. The halving event is seen as a factor that will drive inflows into the US-based spot BTC ETFs (exchange-traded funds). Therefore, the reduced total supply plus the inflows into the spot BTC ETFs could push the BTC price even higher.  Bitcoi

Strike expands Bitcoin services to Africa

Strike expands Bitcoin services to Africa, addressing financial challenges. Introduction of Strike Africa offers Bitcoin-based solutions in nations with high inflation. The move signifies Strike’s commitment to global financial inclusion and innovation. Strike, the Bitcoin-focused payments application, is making waves as it extends its full suite of services to the African continent, marking a strategic move to address financial challenges faced by many nations. In a recent blog post, Jack Mallers, the CEO and founder of Strike, announced the launch of “Strike Africa ,” reaching countries including Gabon, Ivory Coast, Malawi, Nigeria, South Africa , Uganda, and Zambia, with plans for further expansion. Unlocking financial innovation in Africa Strike’s foray into Africa signifies the company’s commitment to leveraging blockchain technology to provide accessible and efficient financial solutions. With countries on the continent grappling with high inflation

Ethereum Price Prediction: Bybit Says Institutions Hold More ETH Than BTC As Traders Flock To This Presale With A 100X Track Record

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The Ethereum price jumped 7% in the last 24 hours to trade at $3,258 as of 5 a.m. EST on trading volume that skyrocketed 53% to $21.88 billion. The ETH price has surged more than 12% in a week, seeing almost uninterrupted growth since it started to climb from a support at $2,900 on February 24. One of the potential reasons behind the coin’s strong performance could be the fact that institutions have started favoring ETH over Bitcoin. Bybit Research said in a recent report that a significant shift in sentiment since December is seeing institutions favor ETH over BTC. The report says that in January institutional investors allocated 39.82% of their holdings to ETH, while 39.49% was allocated to Bitcoin. While it is a small difference in terms of percentages, it marks an historical shift away from BTC and towards the second biggest crypto by market cap, ETH. The upcoming Dencun upgrade was cited as one key reason behind the change. Ethereum Price Prognosis Ethereum’s price has seen

AI-Powered Meme Coin Scotty the AI Offers High APY in Presale – Michael Wruble Video Reviews

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Crypto expert Michael Wrubel shared insights into his investment in Scotty the AI during its presale phase and outlined the primary reasons for his decision. As the crypto market has seen the rise of numerous meme coins, each with captivating narratives and impressive successes like Sponge’s 50x return and Pepe’s 100x gains, the trend has undoubtedly captured the attention of investors. Experts bullish on Scotty the AI: AI-fueled meme dog coin with high growth potential As the market witnessed a resurgence of volume in the crypto space, major institutions are also getting involved, setting the stage for potential rallies in meme coins throughout 2024. Drawing considerable attention in today’s market is Scotty the AI. Scotty the AI (SCOTTY) has successfully raised approximately $837k in its presale and is currently in stage seven of its public round. As the project progresses through this stage and secures additional funding, anticipation builds for a potential increase in the SCO

Ripple: 44.9 Million XRP Added to Crypto Exchange Reserves

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In what is undoubtedly a positive for the asset’s standing, Ripple has seen 44.9 million XRP added to one prominent crypto exchange’s reserves. Indeed, the surge was initiated by OKX, who added a plethora of tokens over one single month according to its proof-of-reserve audit. The report was released today and showcased the noticeable development of the global exchange. The platform has exceeded standards with similar platforms for Bitcoin (BTC), Ethereum (ETH), USDT, and USDC. Moreover, it skyrocketed its XRP holdings, bringing its total to more than 250 million tokens. 📢 Hot Off The Press 📢 We're proud to publish our February 2024 #ProofOfReserves report showcasing 100% reserve ratios for 22 assets. This marks our 16th consecutive monthly PoR report 💪🏽 Read on: https://t.co/Zy2nBfPecP pic.twitter.com/Hsli0ONaTR — OKX (@okx) February 26, 2024 Also Read: XRP to Finally Soar Up to $1.40? Here’s What the Analysts Have to Say OKX Exchange Increases XRP Reserves by N

Shiba Inu Predicted To Reach 50 Cents: Here's When

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Shiba Inu is currently trading at $0.000009503 and is mostly trading on the back foot this year in 2024. SHIB is looking to delete its fifth zero but is struggling to gather momentum to trade with only four zeroes. The token boasts of an investor base of 1.3 million and the majority of them dream of becoming millionaires. The 1 Cent dream is a phenomenon where SHIB investors are waiting for the token to hit $0.01, so their portfolio could balloon to $1 million and more. Also Read: Shiba Inu: SHIB Turns $3,600 Into $19 Million in 3 Years However, the circulating supply of 549 trillion is stopping Shiba Inu from reaching its desired target. The enormous circulating supply is making it harder for SHIB to remain scarce in the market and is affecting its price. If the supply does not reduce considerably over the years, SHIB will find it impossible to reach $0.01. However, a leading on-chain metrics and price prediction firm Telegaon has predicted that Shiba Inu could reach 50 Cent

Quant Price Bounces Over Its Crucial Support At $100

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Feb 25, 2024 at 18:26 // Price Author Coin Idol The price of Quant (QNT) has been falling recently and has reached its previous low again. Long-term Quant price forecast: bearish QNT/USD has been in a downtrend since January 23, 2024, with the altcoin failing to re-establish an upside momentum above the moving average lines. Although Quant has recovered since the previous week, it is still trapped between the moving average lines. The bullish momentum has stalled below the 50-day SMA. The altcoin has fallen below the moving average lines after two rejections at the