Thu, April 25, 2024

Cryptocurrencies

Crypto - luna, bonk

Terra (LUNA) Proposal 12093 Rejected: 38% Support Amid Turmoil

Quick Look: Proposal 12093 by Terra (LUNA) Classic was rejected with 55% opposition, 1% veto, and 5% abstention. Concerns include vague details, centralization risks, and the absence of KYC. LUNA price increases 8%, trading volume decreases 54%. Mixed signals in the crypto market: USTC is up 7%, and LUNA has gained 7.27%. The community decisively …

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bitcoin

Bitcoin Climbs $65K Amid Tensions and Halving

Quick Look:  Bitcoin recovers to $65,000 despite geopolitical stress. The global crypto market cap stands at $2.36 trillion. Bitcoin halving is set to halve miner rewards on April 20. Rising AI industry competition boosts electricity prices. Hong Kong’s Bitcoin ETFs could drive significant demand. Bitcoin has shown notable resilience in recent days. Thereby navigating through …

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cryptos - NEO, railgun, dogwifhat

Crypto Trends: Neo O2T Growth and Ethereum’s +10% Surge

Quick Look: Option2Trade aggressive strategy boosts the holder count to 17,000 and competes with Neo. Ethereum’s Dencun upgrade will enhance scalability and drive a 10.02% price surge. IOTA gains 9.46%, reflecting interest in IoT communication potential. Despite a weekly dip in NEO, it maintains a 20.4% monthly growth. Raboo’s Meme coin is in the presale …

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Cryptocurrencies, bittorrent

BitTorrent Up 8.49% Today, Predicts 30% Rise by April

Quick Look: BitTorrent (BTT) surges by 8.49%, trading at $0.000002 against USD. Analysts forecast a 30.14% rise by April 16, reaching $0.0000022. RSI nears 50, suggesting a bullish trend; 27 bullish indicators signal a potential breakout. BitTorrent’s volatility presents potential high returns, offering opportunities for investors. In the rapidly fluctuating world of cryptocurrencies, BitTorrent (BTT) …

BitTorrent Up 8.49% Today, Predicts 30% Rise by April Read More »

Cryptocurrencies - Conflux

Conflux Set for 30% Surge to $0.462, Analysts Forecast

Quick Look: Analysts predict a 30.05% price surge for Conflux (CFX), targeting $0.462016. Key support at $0.341736, with resistance near $0.360318. Neutral market sentiment with bullish technical indicators. Partnership with BlockBooster boosting Web3 development efforts. As of April 17, 2024, market analysts are predicting a significant surge in the price of Conflux (CFX), a key …

Conflux Set for 30% Surge to $0.462, Analysts Forecast Read More »

Telegram and toncoin

Toncoin Hits $7 on Telegram IPO Buzz, Up 192.63% YTD

Quick Look: Toncoin (TON) hit an all-time high of $7, marking a 192.63% YTD increase. Telegram IPO rumours fuel excitement alongside TON ecosystem developments. $1 million Toncoin fund launched for Proof of Personhood, boosting ecosystem growth. The top 10 holders control over 60% of Toncoin, raising decentralization concerns. Future targets are set at $7.750 and …

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Fantom

Fantom’s Sonic Launch Fuels 8% Price Surge

Quick Look: Fantom’s (FTM) launch of its first Sonic technology validator led to an 8% price surge. Sonic technology promises up to 200 TPS and sub-600ms finality, aiming for over 180 million transactions daily with real-time confirmation. Following the announcement, FTM’s market cap reached $3.22 billion. Strategic plans include the introduction of memecoins and the …

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crypto halving

Bitcoin Hits $72K as Halving Fuels Rally

Quick Look: Bitcoin’s value soared past $72,000, igniting investor interest ahead of the April 20 reward halving. The upcoming halving will cut the block reward to 3.125 BTC, expected to trigger a bullish market trend. Altcoins and crypto stocks like Coinbase and MicroStrategy posted gains, reflecting broad market optimism. Conversely, the NFT market experienced a …

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ecash

eCash to Surge 30.14% to $0.000101 by April 12

Quick Look: eCash (XEC) is predicted to rise 30.14% to $0.000101 by April 12, 2024. Market sentiment of ‘Extreme Greed’ with a fear and greed index of 78. 27 bullish vs. 3 bearish technical indicators; key resistance levels at $0.000085, $0.000089, $0.000096. 142.85% growth over the last year; monthly uptick of 14.82%. Moving averages and …

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Genesis, Gemini

Genesis’s $4.2B Move: Bitcoin Buys & GBTC Sales Amid Debt

Quick Look: Genesis acquires 32,041 Bitcoins for $2.1 billion, aimed at debt settlement. Sold 36 million GBTC shares for $2.1 billion, enhancing liquidity. Opposition from DCG in bankruptcy proceedings highlights plan complexities. Strategic moves align with the upcoming Bitcoin halving event on April 19. Efforts are part of a broader strategy to revitalize financial standing …

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Bitcoin, bch

BCH Jumps 10% to $660 After Halving, Eyes on BTC

Quick Look: Bitcoin Cash (BCH) surged 10% post-halving, hitting $660. The BCH halving reduced mining rewards from 6.25 to 3.125 BCH. Bitcoin (BTC) is anticipated to have its halving on April 20, sparking bull market speculations. Mixed performances noted across major cryptocurrencies; Ether, BNB, and Solana up by 1%. BCH futures’ open interest soared from …

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Pendle Crypto Market

Pendle’s DeFi Trading Soars to $10B And TVL Hits $4B

Quick Look: Pendle divides yield-bearing assets for independent trading, reaching a TVL of $4 billion. Record single-day trading volume of $400 million highlights its market influence. Points Trading feature allows loyalty point trading with up to 128x leverage. Pendle token price surged from $1 to $5.55, marking a 1,500% increase this year. Engagement with restaking …

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Is solana dead? SOL Price Prediction

Solana Outpaces Market with 5.75% Surge to $192

Quick Look: Solana (SOL) sees a 5.75% increase to $192, outperforming the broader crypto market’s 2.2% rise. Memecoins, including Cat in the Dog’s World (MEW), show significant volatility, soaring by 45%. Total Value Locked (TVL) in Solana’s ecosystem will grow by 70% in 2024, reaching 23.78 million SOL. Zeus Network raises $8 million in seed …

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binance coin - BNB

$1M BNB Chain Initiative Boosts Meme Token Market

Quick Look: BNB Chain launches a $1M Meme Innovation Campaign to revitalise meme tokens, focusing on creativity and community impact. With the announcement, Binance Coin (BNB) experienced a significant price surge, peaking above $600. The campaign is expected to drive innovation in the meme token sector. Backed by BNB Chain’s commitment to digital asset evolution. …

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litecoin

Litecoin’s 46% Surge & 407.6% Grayscale Premium

Quick Look: Grayscale Litecoin Trust’s premium to NAV stands at a remarkable 407.6%, offering an opportunity for premium arbitrage. Litecoin (LTC) boasts a strong user base, exceeding 250,000 daily active users for two years, making it a contrarian pick. LTC has surged past $105, showing resilience after a market downturn, with a potential target price …

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