Month: January 2024

Mark Carnegie, the Australian venture capitalist and founder of MHC Digital Group, expresses optimism regarding Bitcoin’s potential for a bullish trend. He believes that Asia will play a crucial role in driving the market, extending beyond the excitement surrounding the approval of exchange-traded funds (ETFs) in the United States. A Retest of the $50,000 Bitcoin…

In the realm of digital assets, Cardano (ADA), a prominent cryptocurrency, exhibits an intriguing pattern, drawing attention from Ali, a notable figure in the blockchain industry. ADA’s current price movement closely mirrors its trend from 2018 to 2020, indicating a noteworthy development. As of now, Cardano’s value stands at $0.5327, reflecting an 8.66% increase in…

In the dynamic world of cryptocurrencies, known for its volatility and potential for substantial returns, three tokens—Shiba Inu (SHIB), Retik Finance (RETIK), and Pepe (PEPE)—have garnered heightened attention. Investors seeking short-term gains might find these tokens particularly captivating, given their distinctive features and ongoing developments, potentially paving the way for 25x returns within the next…

Despite a positive start to the year, the memecoin sector has exhibited a downturn, with leading coins like Dogecoin and Shiba INU experiencing losses of over 13% and 11% in their respective portfolios. Similarly, Bonk’s value underwent an 8% correction. However, in a noteworthy reversal, BONK price surged by more than 30% in the past…

Yesterday, Bitcoin (BTC) saw an uptick, surpassing $47,000, contributing to an overall rise in the Crypto Market Cap. Additionally, BONK experienced a breakout from a descending resistance trend line. TOTALCAP is Approaching its Previous Highs The cryptocurrency market cap has surged since October, bouncing off the support trend line of an ascending parallel channel. The…

Developers in the Binance BNB Smart Chain ecosystem are proposing a significant shift, seeking to consolidate the BNB Beacon Chain (BEP-2) and BNB Smart Chain (BEP-20) into a unified blockchain. In a recent announcement on January 8, users were strongly recommended to migrate their BEP-2 and BEP-8 tokens to the BEP-20 chain, ensuring asset preservation…

Binance, the largest cryptocurrency exchange globally, has launched margin and futures trading for Sleepless AI (AI), a token listed just last week. The exchange made the announcement regarding the commencement of margin and futures trading specifically for Sleepless AI’s AI token. Binance launches Margin and Futures Trading for Sleepless AI (AI) Binance, the cryptocurrency exchange…

Recent importance has been bestowed upon Polygon (MATIC), especially following the recent introduction of the Layer-2 network Arbitrum (ARB) in recent months. Analyzing Polygon’s volume trajectory on DefiLlama suggests a potential uptrend, with its volume reaching the second-highest of the year, around $435 million, by the end of December. MATIC and ARB’s TVL The peak…

Bitcoin could secure its first spot in ETFs today, opening the door for significant investments from major corporations. The U.S. Securities and Exchange Commission (SEC) is targeting approval for the Bitcoin ETF, and if successful, trading is set to begin on January 11. The outcome today could influence market dynamics and potentially lead to a…

Meme coins play a vital role in uplifting investor confidence amid market uncertainties, and the recently introduced “PEPE” coin has not gone unnoticed by enthusiasts. Since its launch in April 2023, PEPE has made a remarkable mark with an extraordinary surge of nearly 7,000%. Following the trend of memecoins inspired by popular memes, Pepecoin takes…