Posts

Bitbot’s presale officially surpasses $1.5m as stage 7 nears completion

Key takeaways Bitbot has raised more than $1.5 million in its presale so far.  The project is offering $100k free airdrop to users ahead of its token launch. The cryptocurrency market has been bullish this week, with Bitcoin returning to the sub-$70k region. With the market still bullish, investment continues to flow into nascent projects.  Bitbot is looking to ease the trading process for traders. The project has so far raised a substantial amount to help it roll out its products.  What is Bitbot? Bitbot is an exciting Web3 project designed to provide excellent services to cryptocurrency traders. It is a Telegram trading bot that offers users access to high-end trading features.   Ideally,  Bitbot can best be termed as a self-custodial trading bot that enables users to trade via their cold wallets on Telegram. Investors in this project and its users would have a unique value proposition. Bitbot will leverage Telegram’s position as a leading social

Forbes Reveals Ripple Benefitted From $300B Influx: Can XRP Hit $1?

According to Forbes Senior Contributor Billy Bambrough, the recent $300 billion influx into the cryptocurrency market has provided a significant boost to major cryptocurrencies like Ripple (XRP). Bambrough highlighted that Bitcoin has surpassed the $70,000 mark, nearing its all-time high of $73,850 in the past 24 hours. Similarly, Ripple (XRP) and other leading coins have witnessed sharp rallies. This has contributed to the $300 billion increase in the total crypto market capitalization over the past week. Also read: Ripple Analyst Predicts When XRP Will Hit Cycle Top Goldman Sachs Reveals Bitcoin Game-Changer As $300 Billion Price Earthquake Hits Ethereum, XRP And Crypto Market https://t.co/a9k5e0l65m pic.twitter.com/S2NOHBkrMT — Forbes (@Forbes) March 25, 2024 Ripple (XRP), in particular, ranks among the top performers, reaching an intraday high of $0.6594 after rallying by 5.1%. Over the past seven days, the asset has been up by an impressive 4.5% from a low

Dogwifhat Price Prediction: WIF Soars 18%, But Experts Say This 2.0 Meme Coin Might 100X Again

Image
The Dogwifhat price rose 18% in the last 24 hours to trade at $3.29 as of 00:43 a.m. EST on trading volume that surged 50% to $807 million. Dogwifhat is the biggest gainer among the top five meme coin titans with a 63% surge in the last week. This comes as the meme coin sector gains around 5% to record a market capitalization of $63.5 billion. Dogwifhat Price Set To Soar To A New ATH WIFUSD Chart Analysis Source: Tradingview.com The Dogwifhat price has been on a tear in the past month, recording 814% increase in the last 30 days. In this period, WIF registered a new all-time high of $3.47 on March 15, before a slight retrace back to the major support zone at $2.2. The WIF bulls have used the $2.2 support level to push the price higher through a markup phase, before experiencing resistance at $3.44. WIF is currently trading within this range, with the price movements resembling a bullish pennant. The Dogwifhat bulls aim to use the pennant to push the price higher, surpassing the

KuCoin and two founders hit with money laundering charges

US DOJ has hit KuCoin and two founders with money laundering charges. KCS price fell sharply after the news. The US Justice Department has charged KuCoin and two co- founders of the Crypto exchange for operating “an unlicensed money transmitting business and for Bank Secrecy Act violations. An announcement the US released on Tuesday, March 26 indicated the US had charged Chun Gan and Ke Tang for flouting US anti-money laundering laws as they sought to grow the exchange into one of the largest in the world today. “As today’s Indictment alleges, KuCoin and its founders deliberately sought to conceal the fact that substantial numbers of U.S. users were trading on KuCoin’s platform,” US Attorney Damian Williams said in a press release. Williams added” “KuCoin allegedly took advantage of its sizeable US customer base to become one of the world’s largest cryptocurrency derivatives and spot exchanges, with billions of dollars of daily trades and trillions of d

Ripple: XRP Forecasted To Rise 15 Cents, Reach $ 0.79

Image
Ripple ’s native cryptocurrency XRP hovered around the $0.64 mark on Tuesday and is up nearly 3% in 24 hours. The cryptocurrency spiked close to 20% in the last 30 days delivering decent returns to investors this month. The Bitcoin halving event is coming closer which could make leading altcoins rally and hit new monthly highs. Also Read: VeChain Cryptocurrency: Can VET Deliver Profits in April 2024? Source: Coingecko For the uninitiated, the Bitcoin halving event is scheduled to take place on April 20, 2024. The development will cut Bitcoin’s supply in half making BTC sustainable and scale up in the charts due to scarcity. On the heels of the Bitcoin halving, Ripple ’s XRP is forecasted to rally and reach a new monthly high. Ripple: XRP Could Reach $0.79, Rise 24% Source – CryptoSlate Leading on-chain metrics and price prediction firm CoinCodex has painted a rosy picture for Ripple ’s XRP for this weekend. According to the price prediction, Ripple ’s native cryptocurrenc

Ripple (XRP) Forecasted to Hit $1.2: Here's When

Ripple (XRP) is on the verge of a major price breakthrough, according to recent Analysis by prominent crypto analysts. XRP is poised to close its three-monthly candle in March by breaking the multi-year resistance. This indicates a potentially significant move in the near future, despite the negativity surrounding the crypto market. Crypto analyst EGRAG Crypto has identified a well-aligned “W” pattern in XRP’s price chart. It suggests that the tenth wave could propel the cryptocurrency to new heights. The analyst predicts that XRP could reach a target price of $1 on a non-logarithmic scale and $1.2 on a logarithmic scale. Also read: Shiba Inu vs. Dogecoin: ChatGPT Predicts If SHIB Can Outperform DOGE #XRP Wave 10 ( $1 – $1.2) : The 10th "W" Pattern is exceptionally well-aligned with the current market setup, signaling a potentially significant move. Target Prices Remain Consistent: 1) Non-Logarithmic: $1 2) Logarithmic: $1.2#XRPArmy STAY STEADY and Appreciate th

Binance executive held in Nigeria reportedly escapes from custody

One of the two Binance executives held in Nigeria has reportedly escaped from custody, according to a local media outlet .  Binance is the world’s largest crypto exchange by trading volume and has faced a rough time in Nigeria over the past several months. Binance exec escapes from Nigeria Details on Monday claimed that Nadeem Anjarwalla, a 38-year old UK national who has been in detention in Nigeria, escaped via a Middle-Eastern airline. He allegedly used a fake passport to board the flight on Friday, March 22. Sources familiar with the development say Anjarwalla made the escape after he was taken to a Mosque for prayers. Nadeem Anjarwalla, the regional manager for Binance in Africa and his colleague Tigran Gambaryan, head of criminal investigations at Binance, were arrested on February 26. Gambaryan is a US citizen. The two execs’ detention followed a crackdown on the Binance crypto exchange by the Nigerian government, amid allegations of currency manipul

Bitcoin Addresses Add $1.6 Billion In BTC In A Single Day – Price Recovery Soon?

Image
The price performance of Bitcoin over the past week has been a source of concern for the majority of the crypto community. This has pretty much been the case for other cryptocurrencies in the market, with several large-cap tokens reversing their recently-accrued profits. However, some investors are treating the recent price decline as a rare opportunity in the bull market as they continue to load their bags with assets of their choice. Specifically, the latest on-chain data shows significant buying activity amongst a certain class of investors.  25,000 BTC Flow Into Accumulation Addresses In One Day Prominent crypto pundit Ali Martinez revealed, via a post on X, that more than 25,000 BTC (valued at approximately $1.6 billion) was moved to accumulation addresses on Friday, March 22. This figure represents the highest amount transferred to these wallets in a single day so far in 2023.

Dogecoin Whale Activity Surges 600%: $1 Dream Within Reach?

Image
The cryptocurrency market is famously unpredictable, with prices skyrocketing one moment and crashing the next. Dogecoin, initially a light-hearted meme-inspired cryptocurrency, has recently regained attention as its value surged amidst significant whale activity. When Bitcoin, the dominant cryptocurrency, dipped to the $62,000 range due to ETF market outflows, Dogecoin followed suit, plunging to $0.1252 on Wednesday. However, it swiftly rebounded, trading at $0.1567 with a notable 5% daily increase. Source This rapid recovery was partly fueled by Coinbase’s announcement of its plan to introduce Dogecoin futures trading. This move allows traders to hedge against future cryptocurrency value fluctuations using smart contracts. Also Read: Dogecoin (DOGE) Weekend Price Prediction Whale Activity Surges Notably, large investors, referred to as whales, have taken notice of Dogecoin ’s resurgence. According to IntoTheBlock, there has been a remarkable 600% increase in DOGE transa

Shiba Inu: Here's When BONE Could Rally 240% And Hit $3.2

Image
Shiba Inu’s (SHIB) governance token, Bone ShibaSwap (BONE), has witnessed a 1.3% rally in the daily charts, a 6% rally in the weekly charts, and nearly 60% over the previous month. However, the asset is still down by 20.5% in the 14-day charts and over 21% since March 2023. Source: CoinGecko Also Read: Shiba Inu: How Much SHIB is Needed To Make $1 Million at $0.05? BONE is also the gas token for SHIB’s Shibarium layer-2 network, making it a central part of the SHIB ecosystem. Despite the correction, some analysts anticipate BONE to reclaim the $3 mark soon. When will Shiba Inu’s BONE token hit $3.2? Source – Shiba Inu According to CoinCodex, Bone ShibaSwap (BONE) will witness a massive rally over the next few weeks. The platform anticipates BONE to $1.2 by the end of this month. Moreover, CoinCodex predicts BONE to hit $3.23 by Apr. 19, 2024. Reaching $3.23 from current levels would translate to a growth of about 243%. Source: CoinCodex Telegaon predicts Shiba Inu

SEC Legal Campaign Against Ethereum is Likely to Fail Says A16z

Image
With news arriving yesterday that the US Securities and Exchange Commission (SEC) enacted a legal campaign against Ethereum, Andreessen Horowitz (A16z) has predicted the effort to fail. Specifically, the venture capital firm’s Global Head of Policy, Brian Quintenz, noted that ETH’s status as a non- sec urity would ultimately prove the probe to fail. The Ethereum Foundation, the Swiss-based non-profit that supports the network, was revealed to be facing a government inquiry yesterday. Subsequent reports identified the action as part of a concerted effort from the SEC. Altogether, it appears to be an attempt to curtail Spot Ethereum ETF approvals this year. Also Read: SEC Pursuing Legal Campaign to Classify Ethereum as a Security A16z Says Ethereum is Not a Security, Expects SEC Campaign to Fail The last 24 hours have been rather eventful for the Ethereum ecosystem. Specifically, it finds itself as the latest digital asset entity in the crosshairs of the SEC. Following relu

Bitcoin Pullback Has Ended? Analyst Declares “Worst Is Over”

Image
After a stunning retrace, Bitcoin witnessed a notable recovery as Wednesday closes rising from the $61,000 price mark to $67,000, triggering hopes within the cryptocurrency community that a bullish movement might be imminent.  However, the crypto asset has not exactly returned to the point it was a week ago, especially since BTC reached a new all-time high last week when it surged beyond $73,000. Bitcoin Correction Has Bottomed Out With Bitcoin surpassing its previous all-time high and rising even further to set a new peak of $73,000, March has been a momentous month for the cryptocurrency. And following the recent recovery, several cryptocurrency experts and traders believe that the recent price correction has reached rock bottom. Related Reading: Hold Your Horses: ‘Buying The Crypto Dip Is Still Too Early’ Warns Top Analyst — Here’s Why Crypto analyst and enthusiast, Crypto Jelle has offered a positive prediction regarding the price action of Bitc

Ripple XRP: Whales Dump 25 Million Coins Amid Price Drop

Image
Whales are reacting to Ripple XRP’s recent price drop, dumping 25 million coins to a new wallet amid XRP’s slump. According to data from Whale Alert, an XRP whale shifted 24.7 million XRP, worth $15.04 million, to a Luxembourg City-based centralized exchange, Bitstamp. After a promising start to March, XRP is down $0.6022 in the past week. It is widely known that XRP has significantly underperformed compared to the broader crypto market. This is largely due to the ongoing lawsuit between the US Securities and Exchange Commission (SEC) and Ripple, which has cast uncertainty over XRP’s regulatory status. Also Read: Ripple Slumps Amidst Market Crash: Can XRP Hit $0.7 This Weekend? However, today’s compromise between the SEC and Ripple Labs may prove crucial for the near future of XRP. Already today, XRP has rebounded to over $0.60. XRP still has ways to go to mimic the climb the asset saw in early March, but it’s not improbable. The latest whale movements around Ripple