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Showing posts from February, 2024

Green Bitcoin Presale Raises $1M as Bitcoin Approaches its ATH

London, United Kingdom, February 29th, 2024, Chainwire The eco-friendly crypto project Green Bitcoin has seen its limited-time presale phase cross $1 million in funding. With an innovative gamified staking model and energy-efficient foundation, Green Bitcoin offers token holders a way to stake their tokens and generate yield. Gamified Staking Model Offers Unique Way to Earn Green Bitcoin’s gamified staking model offers a unique twist, token holders can try to predict Bitcoin’s daily price movements, and if they are successful they can earn rewards that vary based on accuracy and stake size. This system resets daily, ensuring continuous engagement. Unlike typical staking protocols with fixed yields, Green Bitcoin’s model offers a dynamic yield. As outlined in Green Bitcoin’s whitepaper, the project has allocated over 27% of the total token supply to staking rewards, ensuring a sizable pool of incentives for accurate BTC price predictions. This pool of funds

Shiba Inu Forecasted To Reach 25 Cents: Here’s When

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Shiba Inu (SHIB) enthusiasts have found a renewed sense of hope and optimism. This is because Telegaon, a reputable source for market insights, unveils predictions. The prediction suggests that the much-discussed milestone of reaching $0.25 (25 cents) might be more achievable than previously imagined. While the timeframe for this ambitious target is set between 2040 and 2050, Telegaon’s forecast injects fresh energy into the Shiba Inu community. Also read: Binance Coin Hits $400 After Bitcoin Surge: Here’s How High BNB Can Go Shiba Inu’s Present Status In recent times, Shiba Inu has witnessed a surge in activity. The price has also surged past the $0.00001 level and is trading at $0.00001075. SHIB is up 4% in value over the last 24 hours. The surge is alongside the whole cryptocurrency market, as SHIB deleted a zero to its price. Telegaon’s forecast acknowledges Shiba Inu’s evolution beyond its meme-centric origins. They are also foreseeing potential growth through integrat

Dogwifhat Price Prediction: WIF Soars 43% As A New Grumpy, Frog-Themed Competitor Takes On Pepe ($PEPE), Dogecoin ($DOGE), And Shiba Inu ($SHIB)

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The Dogwifhat price jumped 43% in the last 24 hours to trade at $0.7587 as of 4:30 a.m. EST on trading volume that skyrocketed 32% to $158.4 million. The token’s weekly chart shows an even more impressive 124% surge, most of which took place between Feb. 26 and 28. Prior to that, the token was trading sideways slightly above the support at $0.30. In fact, Dogwifhat’s surge in the past two days allowed the token to reach a new all-time high (ATH) at $0.7722. The rally came as the new bullish momentum pushed Bitcoin’s price to $59.5k — less than $10k short of its own ATH. The altcoin market responded, and the WIF price was no different, seeing a remarkable increase in value  One trader became an overnight sensation after spending 4,900 SOL ($539k) to buy 1.43 million WIF only a day before the price went up. In total, the trader spent 14k SOL to buy 4 million WIF since February 16, leading to unrealized profits of over $582k, according to recent reports. The price of $WIF increased b

Onchain Insights Reveal Increasing Speculation Around Bitcoin

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Investor speculation around Bitcoin is rising amid increase in inflows and institutional demand worldwide. Onchain metrics reveal a shift towards speculation in short-term holders depositing billions daily. Bitcoin derivatives markets show similar sentiments, with futures and options open interest nearing all-time highs. This week’s newsletter from Glassnode revealed that Bitcoin speculation is reaching new heights. Investors are witnessing a surge in speculative activity driven by increasing capital flows, derivatives leverage, and institutional interest. Source: Glassnode Bitcoin’s price was hovering around $52000 through the week, and it has managed to retain the majority of its gains since mid-February. The report also showed that this resilience was supported by a significant increase in the realized capital, which climbed by over $30 billion year-to-date to $460 billion. With an average unrealized profit of +120% per coin, investors found themselves

Bonk Price Prediction: BONK Pumps 21% As Analysts Say This New Solana Meme Coin Might Be Poised For 100X Gains

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The Bonk price has pumped 31% in the last 24 hours to trade at $0.0000141 as of 8:20 a.m. EST on trading volume that surged 308% to $233 million. The surge in the BONK price comes amid signs it may have bottomed out and could soon undergo a bullish breakout. Bonk Price Signals A Bull Rally Above the Cup and Handle Pattern BONKUSDT Analysis By Tradingview The Bonk price indicates a rebound following a prolonged downtrend, with the support zone at $0.00001005 empowering bulls to drive the price higher.  It has also formed a cup and handle pattern signaling a bullish trend continuation. Despite the resistance point at $0.00001506 allowing the bears to push down the price, the bulls show resilience, driving the price up and completing the handle part of the pattern. If the momentum sustains, the BONK price could overcome the $0.00001506 hurdle. The Bonk price also trades above the 50-day simple moving average(SMA), reinforcing the bullish momentum. Furthermore, the Relative Stren

Next Cryptocurrency To Explode Tuesday, February 27 – Optimism, Helium, Aptos 

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The crypto market started this week with relative uncertainties. However, the trend took a new turn yesterday after BTC broke the $52k ceiling. In the last 24 hours, the value of BTC and several other cryptocurrencies is rising. What are the next cryptocurrencies to explode? With the return of optimism to the crypto market, investors are on the lookout for the next big gainers. Below are quick highlights of some of the top performers in the market today. Next Cryptocurrency To Explode Joining the ranks of upcoming crypto projects is the Green Bitcoin. The project recently kicked off its presale offering, and investors are already throwing in their hats in anticipation of its exchange listing. The details of the new project and its prospects are covered in the article. 1. Aptos (APT)  The bull market is allowing Aptos holders to rake in worthwhile ROI. After extended periods of declining price action, APT is back on an uptrend with over 20% gains in the last 24 hours. It also recor

Shiba Inu: Whale Loses $6.3 Million for Selling 421 Billion Tokens

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A Shiba Inu whale sold 421.6 billion SHIB tokens early Sunday morning for an average price of $0.000009437. What’s surprising about this transaction is that the whale sold SHIB for a massive loss. The sell-off made the whale lose $6.32 million even after holding the tokens for two and a half years. The mysterious whale took a loss of 61.4% from exiting the SHIB token. The whale purchased 421.6 billion Shiba Inu tokens in November 2022, days after SHIB reached its all-time high of $0.00008616. The big wallet holder had accumulated SHIB for a price of $0.0000993 and held on to it from November 2021 to February 2024. Also Read: Shiba Inu Predicted To Reach 50 Cents: Here’s When Shiba Inu: Whale Suffers $6.32 Billion Loss Even After Holding SHIB For 27 Months Source: Pixabay Shiba Inu dipped relentlessly from November 2021 resulting in a massive decline in the whales’ portfolio. After having enough of waiting, the whale finally decided to jump ship and sell for a loss. The los

Bitbot price prediction as Mantle surges amid explosion in L2 adoption

Bitbot (BITBOT) is accelerating its presale as attention shifts to its non-custodial Telegram app. Elsewhere, Ethereum layer-2 protocol Mantle (MNT) price could eye $1 after hitting new all-time high. Mantle price is surging amid new focus on layer-2 projects. Meanwhile, BITBOT, the native token of new Telegram trading bot Bitbot, could be the next 100x token as the world’s first non-custodial Telegram app edges towards launch. Bitbot: Top non-custodial trading app Telegram trading bots have seen their total market cap rise to $851 million and 24-hour trading volume hit $48 million. DeskCheck, PaLM AI and Banana Gun are some of the top performing Telegram trading apps in the past 24 hours. Elsewhere, Bitbot (BITBOT), Telegram’s first non-custodial trading bot, has surged into stage 4 of its presale. The project has raised more than $715k and could accelerate in coming weeks as the market enters the next phase of the bull cycle. As Crypto traders eye the o

Malicious Code in Tornado Cash’s Governance Proposal Poses Risks 

A malicious javascript code identified in Tornado Cash’s governance proposal poses a potential threat. The proposal was introduced by Tornado Cash community developer Butterfly Effects two months ago. While the vulnerability is identified in the IPFS version, the hacker could be easily tracked. Recent reports highlighted a malicious javascript code present in the two-month-old governance proposal introduced by the Tornado Cash community developer Butterfly Effects. According to the findings, the funds deposited since January 1, 2024, are at risk, posing a potential exploit. Chinese crypto reporter Colin Wu shared an X post on his official page known as Wu Blockchain, providing insights on the vulnerability identified in the malicious proposal. According to his post, the governance proposal might have resulted in the leakage of the deposit notes of Tornado Cash to a private malicious server owned by the alleged developer since January 1. The community has found

Bitcoin Set To Register First Bearish Weekly Candle In Over One Month

Bitcoin is about to register its first bearish weekly candle in over one month. BTC is down by 2% on the weekly chart, entering the last few hours of the current week. JP Morgan’s strategists think the current BTC price already reflects the upcoming Bitcoin halving’s impact. Bitcoin is about to register its first bearish weekly candle in over one month following a pullback from the recently achieved yearly high of $53,015. TradingView data show the flagship cryptocurrency is down by over 2% as the market enters the last few hours of the current week. A resurgence in retail trading triggered a steep rally that saw Bitcoin’s price climb above $53,000 within four weeks. The pioneer crypto bounced from a $38,505 local low on January 23, rallying to $53,015 by February 20. With the rally, Bitcoin gained nearly 38% and climbed over the $50,000 psychological level. Many analysts believe the recent Bitcoin rally reflects the impact of the recently approved spot B

Trending Cryptocurrency Tokens on Avalanche Chain Today – Pangolin, Benqi, Lydia Finance

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As the low-cap crypto space experiences rapid expansion, new projects are launching daily, each with unique use cases and value propositions to distinguish themselves. This article will spotlight four new coins currently trending on Avalanche Chain, a popular platform for tracking real-time data on various digital assets. Furthermore, interest in crypto presale is on the rise. Investors are interested in new projects to hedge their gains ahead of the anticipated altcoin rally. Market history reveals that newer projects benefit from the bull run windfall. Trending Cryptocurrency Tokens on Avalanche Chain Thus, the fundraising momentum for Bitcoin Minetrix’s ICO is gaining traction within the crypto community as it rallies behind the project’s unique proposition. Bitcoin Minetrix sets out to revolutionize the cloud mining sector by introducing tokenization. This move is aimed at enhancing industry efficiency and eradicating fraudulent activities. 1. Pangolin (PNG) Pangolin (PNG) is

Retail Traders Drive Crypto Market Surge in February, JPMorgan Reports

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A JPMorgan report highlighted that retail traders led the February crypto market rally. The report factored in inflows into recently approved spot Bitcoin funds. Retail traders’ resurgence led by optimism for Bitcoin halving, Ethereum network upgrade, and ETH ETFs. A new report from JPMorgan has suggested that retail traders have emerged as key players propelling the resurgence of the cryptocurrency market in February. Bloomberg captured details of the Analysis from JPMorgan in a recent report. As per the report, the resurgence of ‘mom-and-pop’ investors in crypto markets following the January crash is the driving force behind the recent surge in popular cryptocurrencies like Bitcoin, reaching multi-year highs. Specifically, the research team led by Nikolaos Panigirtzoglou, Managing Director of JPMorgan, argued that on-chain Bitcoin flows from small wallets have significantly outpaced those from institutional investors. Besides, the report noted that inf

Nvidia Adds $277B in Market Value, Largest Single-Day Gain Ever

California-based tech company Nvidia has been on the rise in the past week. Just today, Nvidia added $277 billion to its current market value, signaling the largest single-day gain in history. The company’s influence and contributions to the growing AI industry are at the forefront of the reasons behind this surge. JUST IN: Nvidia $NVDA adds $277 billion in market value today, the largest single-day gain in history. — Watcher.Guru (@WatcherGuru) February 22, 2024 The Nvidia company earned $22.1 billion in revenue in the fourth quarter of 2023, a nearly 250% increase for the company. Nvidia is one of if not the leading chip development companies, which is crucial for developing AI technology. Specifically, its graphic processors were necessary as servers for these AI models. As a result, the value of its stock has skyrocketed. Since 2022, the value of Nvidia stock has surpassed a market cap value of more than $1.7 trillion. Also Read: As NVIDIA & AI Coin