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Showing posts from March, 2024

Meet Rolante, a Brazilian city that is adopting Bitcoin

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On March 30, the local affiliate of the largest and most influential open television station in Brazil talked about a significant Bitcoin (BTC) adoption going on in Rolante, a small town in the south of the country. Shared by the X (formerly Twitter) account Bitcoineaqui , the story highlights the ongoing adoption and briefly explains what is Bitcoin. The 3-minute report was aired by RBS TV , a Rede Globo affiliate, and leading mainstream media group in Brazil. Notably, Ricardo Stim ignited the adoption by taking to Rolante’s merchant association and suggesting they accept Bitcoin for payments.  Picks for you Claude Opus AI predicts DOGE price for the end of 2024 17 hours ago Influencer declares war on AI crypto; Community fights back 17 hours ago Solana price prediction as mysterious whale moves $332 million worth of SOL 19 hours ago 3 best Cardano tokens to invest in 2024 20 hours ago “In one month [of the project] we became the largest Bra

Dogecoin Price Prediction – Could Dogecoin20’s Upcoming Launch Help $DOGE Hit $1?

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Crypto fans are buzzing with excitement as Dogecoin keeps climbing, leaving many wondering if it’ll reach $1 this year. In this video, we’ll dig into Dogecoin’s current status, its recent price surge, and its potential for more growth. We’ll also check out the newcomer, Dogecoin20, launching on April 20, also known as Doge Day. We’ll analyze how it might impact the prices of dog-themed meme coins in the market. Dogecoin price prediction Following the recent surge in Dogecoin (DOGE) price, DOGE has once again entered the top 10 cryptocurrencies globally, with some analysts suggesting that it could reach $1 as early as this month. As of now, Dogecoin is trading at an impressive $0.22, marking a significant 10% increase for the day and an impressive 38% surge over the past week. In the last 30 days, the meme coin has seen an even more remarkable 80% increase. Other meme coins, such as SHIB, PEPE, WIF, and BONK, have also seen significant price surges of 200-800% in the last 30 days

Crypto Analyst Says Mid-Cap Memecoin Primed To ‘Absolutely Rip,’ Updates Outlook on BNB and Dogecoin

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A closely followed crypto analyst believes one mid-cap memecoin is gearing up to go on a massive rally. Pseudonymous trader Kaleo tells his 632,600 followers on the social media platform X that dog-themed crypto asset Floki (FLOKI) appears bullish against Bitcoin (FLOKI/BTC). “FLOKI versus BTC looks primed to absolutely rip.” Source: Kaleo/X Looking at his chart, the trader suggests FLOKI/BTC is in a bullish trend after printing higher lows on the one-hour chart and is on the verge of flipping a key resistance level into support. FLOKI/BTC is trading for 0.000000003716 BTC ($0.0002629) at time of writing, up more than 13% in the last 24 hours. He also believes Floki is primed to soar past its all-time high (ATH) of $0.0003365, which it set in November 2021. “In my opinion it won’t be lagging here beneath ATH resistance too much longer. Price discovery soon. Expecting it to make new highs… something like [$0.000340] for FLOKI.” Source: Kaleo/X Next up, the t

MetaWin Launches New Base and Arbitrum Layer 2-Powered Swap System, Boasting 2-Second Payment Speeds and Half a Cent Gas Fees

London, United Kingdom, March 28th, 2024, Chainwire MetaWin , the trailblazing platform for on-chain prize competitions, is delighted to announce the incorporation of the Base and Arbitrum Layer 2 (L2) blockchain networks into its on-site swap feature. This ground-breaking update represents a significant milestone in MetaWin’s quest to deliver an unmatched gaming experience, offering faster transactions and substantially reduced fees for its users. By embracing the capabilities of the Base and Arbitrum L2 chains, MetaWin not only improves its platform’s efficiency but also solidifies its position as an innovator in the blockchain gaming industry. The integration enables users to effortlessly deposit and withdraw funds on either chain or across chains, providing the flexibility to select the preferred network for receiving winnings. Transaction times have been dramatically slashed to just 2 seconds for inbound swaps and 20 seconds for outbound swaps, paired wi

Why Bitcoin is lining up to hit $200k during current cycle

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Bitcoin (BTC) is once again trading above the $70,000 mark after avoiding dropping below $60,000. With the ongoing resurgence, investor attention remains fixated on whether BTC will rally and achieve another record high before the April halving event. Indeed, a significant portion of market attention is focused on Bitcoin’s ability to hit a six-figure mark, and crypto analyst TradingShot believes the maiden digital asset has a strong chance in the current cycle . In a TradingView post on March 28, the analyst suggested that the asset has the potential to reach $200,000, despite experiencing a two-week consolidation period after surpassing its previous all-time high. Picks for you XRP and XLM about to ‘melt faces;’ Here’s why 49 mins ago Bybit’s Unified Trading Account spurs capital efficiency with 96% institutional adoption rate 2 hours ago Bubble Alert: U.S. issuing bonds at pandemic rates 2 hours ago Roger Ver would support Bitcoin again if this happ

You can now mine rather than inscribe a square Bitcoin block image

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On Tuesday morning, publicly traded bitcoin miner Marathon Digital created a viral art piece on Bitcoin’s blockchain. However, unlike NFTs, Ordinals, Counterparty assets, or any other type of prior art, Marathon simply ordered transactions in a precise pattern. This block of ordered transactions rendered as a pixelated image on block indexer websites like Mempool.space. Many Bitcoiners shared the image, a corporate advertisement for Marathon, and as such, its media campaign worked. However, Marathon had to forgo some transaction fee revenue in order to carefully craft its block template with less competitively priced transactions. Marathon compensated by increasing public awareness of its block template-building and mining skills. The organizer of one Bitcoin conference poked fun, noting that the ad was uncentered by one pixel . The ad also failed to render on certain block indexers. Nevertheless, its message was communicated clearly enough to thousands of observers. Marathon ord

Ripple Analyst Predicts When XRP Will Hit Cycle Top

Ripple (XRP), the digital asset associated with the global payment network Ripple , has been the subject of intense scrutiny and Analysis by the crypto community. A recent tweet by EGRAG Crypto, a well-known crypto analyst, shed light on a crucial period for action regarding XRP’s cycle top. His Analysis is based on the Average Sentiment Oscillator (ASO) chart. The ASO chart, which EGRAG Crypto has been sharing since 2022, has provided valuable insights into XRP’s price movements. In the past, the analyst accurately predicted the bullish cross date, and now they are focusing on the potential cycle top for the digital asset. Also read: Ripple (XRP) Forecasted to Hit $1.2: Here’s When #XRP ASO-Average Sentiment Oscillator (122 Days Cycle Top): Here's the latest update on the ASO Chart, a chart I've been sharing with you since 2022. Previously, I accurately predicted the Bullish cross date, and now I'm highlighting a crucial period for action regarding the… htt

Nilam Resources Files Letters of Intent to Acquire 24,800 Bitcoin

Nilam Resources has filed letters of intent today to acquire 100% of the common stock of a special purpose entity that will hold 24,800 Bitcoin . According to a press release, the company entered into an LOI with Xyberdata Ltd to acquire 100% of the common stock of a special purpose entity, to be established under the name MindWave. The total Bitcoin expected to be bought by the South American gold miner eclipses $1.7 billion. JUST IN: South American gold miner, Nilam Resources to buy 24,000 #Bitcoin ($1.7 billion). — Watcher.Guru (@WatcherGuru) March 25, 2024 “Nilam Resources, Inc., will issue a newly authorized Preferred Class of Series C Stock in exchange for 24,800 Bitcoins at a discounted rate relative to current market prices,” the company adds in the press release. Nilam says that the entity that holds the Bitcoin will also hold other digital assets that remain unnamed. The purchased Bitcoin and other digital assets will serve as collateral to raise capital for future proje

Goldman Sachs Says Hedge Fund Clients Flock to Crypto After Bitcoin ETF Approval  

Goldman Sachs’ hedge fund clients are showing renewed interest in cryptocurrencies following the recent approval of spot Bitcoin ETF (exchange-traded fund) investment products. “The recent ETF approval has triggered a resurgence of interest and activities from our clients,” said Max Minton , Asia Pacific head of digital assets, in an interview with Bloomberg News. “Many of our largest clients are active or exploring getting active in the space.” Most Demand Is For BTC Following Bitcoin ETF Approvals A majority of the demand is for Bitcoin following the approval of Bitcoin ETFs managed by Wall Street giants, including BlackRock and Fidelity, since Jan. 11. Minton said that demand for Ethereum might also rise if spot Ether ETFs are approved in May. Many analysts though consider that to be increasingly unlikely, with Bloomberg Intelligence recently slashing the odds of approval by May to 25%, from 35% previously. Goldman Sachs says clients such as hedge funds are showing renewed int

Top Crypto Gainers Today Mar 24 – Conflux, BitTorrent, OKB, Synthetix

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In today’s crypto market, where fortunes are made and trends are set, Bitcoin reigns supreme. With a market capitalization soaring to $ 2.50 trillion, Bitcoin’s recent surge to $65,421, marking a 1.40% gain in the last 24 hours, underscores its unrivaled dominance. As the cornerstone of digital assets, Bitcoin’s movements dictate market trends and shape investor sentiment, making it the ultimate barometer of crypto success. Despite Bitcoin’s dominance, the broader cryptocurrency market remains vibrant, with a total trading volume of $267.44 billion in the last 24 hours. The market sentiment, currently labeled as Neutral, as per the crypto Fear & Greed Index, reflects a reading of 74 (Greed). This sentiment is further underscored by the fact that 69% of cryptocurrencies have emerged as top gainers in the same period. It demonstrates the resilience and bullish sentiment prevailing in the market, indicating widespread optimism among investors. Biggest Crypto Gainers Today – Top Lis

BRICS 'Ready To Work' With All Countries To Ditch US Dollar

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BRICS member Russia is pushing the de-dollarization initiative in Africa urging nations to trade in local currencies and not the US dollar. Russia’s President Vladimir Putin vigorously called for African countries to start using local currencies for trade, including the Russian Ruble. Also Read: 36 Countries Apply To Join BRICS Alliance in 2024 Putin explained that Russia is “ready to work” with Africa n countries to help them shift away from the US dollar. He added that BRICS can help Africa build its financial infrastructure by connecting its global banking system to local currencies. The Russia n President stressed that cross-border transactions without the US dollar are beneficial to Africa . BRICS Urges Africa To Use Local Currencies For Trade, Sideline US Dollar Source: AFP – Yonhap / koreatimes.co.k The BRICS alliance is convincing developing countries around the world to stop relying on the US dollar for trade. A handful of countries believe that BRICS has the

Akon’s cryptocurrency and city have failed — enter Idris Elba

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In 2020, Akon, the bestselling Grammy-nominated musician, made a bold and ultimately absurd claim that he was going to build a Wakanda-style city in Senegal. The mockups were glorious: slim, shiny, curved skyscrapers, new museums, and forested boulevards, all in the heart of a country where 36% of people live below the poverty line. Part of the scheme relied on ‘Akoin’ – a cryptocurrency created in 2018 and boasting the slogan “One Africa. One Koin.” The crypto, along with the city, was intended to unite Africa behind a greater vision and an accessible, digitized economy. However, these dreams of a futuristic, Frank Gehry-inspired cityscape in Senegal and a unified African currency soon became nightmares not just for Akon but for everyone. Pictures of ‘Akon City,’ courtesy of Bakri & Associate Development Consultant. Read more: El Salvador’s Bitcoin City canceled — but did it ever really exist? Unpaid loans, delistings, and lawsuits Despite Akon going from media outlet

Book Of Meme Price Prediction: BOME Soars 40%, But Analysts Say This 2.0 Meme Coin Has 100X Potential

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The Book Of Meme price rose 40% in the last 24 hours to trade at $0.01579 as of 00:40 a.m. EST on trading volume that surged 71% to $1.7 billion. This comes as the meme coin market rebounds with a 3.4% rise to $55.17 in billion market cap.  Book Of Meme Price Set To Continue Its Breakout BOMEUSD Chart Analysis Source: Tradingview.com The Book Of Meme price bulls have initiated a breakout aimed at propelling the BOME price back to an all-time high (ATH) of $0.02689, which was recorded on March 16. BOME is trading well above the 50-day Simple Moving Average, which is confirmation of the sustained bullish momentum to the upside. Additionally, the Relative Strength Index (RSI) is rebounding from the midline level to trade at 70, showing intense buying pressure. If the bulls sustain the momentum, the RSI may soar to continue trading above the 70-overbought region, showing increased investor optimism. The Moving Average Convergence Divergence (MACD) reinforces bullish sentiments, wi

Milady Meme Coin Price Prediction: LADYS Surges 14%, But Experts Say Consider This 2.0 Meme Coin For 1000X Gains

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The Milady Meme Coin price has pumped 14% in the last 24 hours to trade at $0.000002986 as of 8:35 a.m. EST on a 61% surge in trading volume to $43 million. Milady Meme Coin Price To Reclaim Its ATH LADYSUSDT Analysis By Tradingview The LADYS price indicates a rebound after the decline from its all-time high following a prolonged downtrend, with the support zone at $0.00000007326 empowering bulls to drive the price higher.  Despite the recent drop, the bullish investors have proven to be resilient, pushing the price up from the support level of $0.0000001941 with the goal of reaching its previous record high of $0.0000004360.  Additionally, the emergence of a double-bottom pattern contributes to the upward momentum, suggesting the possibility of another surge in bullish activity that could help recover some of the previously lost ground. The Milady Meme Coin price bulls have also pushed the price above the 50-day and 200-day simple moving averages (SMAs). However, increasing t