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Showing posts from December, 2024

Will Trump’s inauguration day be a ‘sell the news’ event for crypto? Analysts weigh in

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Donald Trump’s victory in the presidential elections sparked a bullish sentiment among crypto investors, looking forward to the inauguration day. However, after an impressive rally, cryptocurrencies are cooling off and raising concerns of a possible “sell the news” event. Crypto analysts have weighed in on this matter, warning of a visible market fatigue, and potential top signals. Among these analysts, Arthur Hayes believes that investors’ expectations for Trump’s administration may be misaligned to reality. “I think there exists a wide gap between crypto investor’s high expectations for how quickly Trump can change things and the reality that there are no politically acceptable solutions available to Trump to quickly bring about such change. The market will instantly wake up to the reality that Trump has at best one year to enact any policy changes on or around January 20th.” – Arthur Hayes on “Trump Truth” ...

Is It Too Late To Buy KEKIUS? Kekius Maximus Price Surges 493% And This Might Be The Next Crypto To Explode

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The Kekius Maximus price surged 493% in the past 24 hours to trade at $0.0689 as of 02:46 a.m. EST on trading volume that skyrocketed 1,035% to $50 million, according to CoinGecko.  Kekius Maximus Price On A Bullish Rally The Kekius Maximus price on the 1-hour timeframe exhibits a period of gradual accumulation followed by an explosive parabolic breakout. For several days, the price remained relatively flat within the $0.0095 range, showing modest upward movement above the 200-day Simple Moving Average (SMA), indicating a slow but steady bullish trend, according to data from GeckoTerminal . This culminated in a sharp breakout, pushing the price of Kekius Maximus to a peak of approximately $0.118, which represents a substantial increase in a short period. However, such a sudden spike is typically unsustainable, as shown by the steep retracement that followed, bringing the price down to $0.0689, shedding nearly 40% from its peak. The 50-day SMA is positioned at $0.0177, this sho...

Adventure Gold Price Prediction: AGLD Surges 24% As Traders Shift To This Cat-Themed Crypto For 50x Potential

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The Adventure Gold price surged 24% in the last 24 hours to trade at $2.6472 as of 3.45 a.m. EST on trading volume that skyrocketed 300% to $1.48 billion. While the token’s performance in the last 24 hours was very rewarding for its holders, its weekly surge was even more so. In the past seven days, Adventure Gold surged over 75%, going from $1.5019 to its current price of $2.6472. Adventure Gold is an on-chain gaming project, and like several other cryptos from the GameFi sector, it saw a notable surge in the past week. However, no other gaming project saw an increase equal to AGLD, making it one of the most rewarding cryptos from this sector to hold in the past seven days. The closest one to it is ECOMI, which surged 35%. Adventure Gold Price Prediction Despite its price surge, AGLD still saw struggle in the last day. The token encountered a major resistance at $2.80 — one that it was unable to breach. Its price briefly touched this level yesterday, which was followed...

AI predicts XRP price for 2025

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XRP has firmly positioned itself as one of the top winners in the current market cycle, emerging from a prolonged consolidation below $1. Several key fundamentals suggest that this momentum could continue into the new year. While XRP is influenced by general market sentiment, the regulatory landscape will be crucial. Specifically, the upcoming leadership changes at the Securities and Exchange Commission (SEC) and the ongoing case between the regulator and Ripple will be pivotal in determining whether XRP can make another attempt at reaching record highs. Currently, XRP is holding above the $2 support level, though market volatility has weighed it down.  Picks for you Analysts predict Bitcoin's price for 2025 14 hours ago This hist...

Saylor posts MicroStrategy’s BTC tracker: Another Buy?

Michael Saylor, founder of MicroStrategy, has shared the company’s Bitcoin tracker on X. The market expects an annoncement that the company has acquired another chunk of BTC. Bitcoin price hovered near $94,800 at the time of Saylor’s post on Dec. 29 MicroStrategy founder Michael Saylor has posted the company’s Bitcoin (BTC) tracker chart on X again. In recent months, every such post has been followed by an announcement that the world’s largest corporate holder of the flagship digital asset had acquired another haul. Industry experts and observers have been quick to point out that MicroStrategy is about to announce another major BTC purchase. NEW: Michael Saylor posted his BTC purchase tracker again, which means MicroStrategy will announce another HUGE #Bitcoin purchase tomorrow. SAYLOR IS THE GOAT 🐐 pic.twitter.com/48RTgEE1ud — Nikolaus Hoffman (@NikolausHoff) December 29, 2024 Noticeably, MicroStrategy has acquir...

Could Catslap Be the Hottest Buy-the-Dip Meme Coin of 2024?

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The cat-themed sector is thriving as the year wraps up, with Catslap driving the trend and handing early investors profits surpassing 1,000%. Despite its recent pullback, Catslap is emerging as a sleeper project with the potential for massive growth, possibly delivering 10x returns as the market heats up. Meme coin interest hits new heights—why Catslap could be the next big breakout As 2024 nears its end, the cryptocurrency market reflects a mix of uncertainty and cautious optimism. Despite broader downtrends, investor interest—especially in meme coins—continues to grow. f interest has reached unprecedented levels, yet prices have not mirrored this surge in attention, raising questions about the underlying dynamics. Amid this environment, Catslap, an emerging meme coin, has begun to stand out. Although it has experienced a price dip, it has captured significant attention and shows the potential to be a major player in the next bull run. Social media is abuzz, wi...

MIRA Meme Coin Traders Raise $1 Million For Rare Cancer Research After A Father’s Plea

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Degen meme coin traders were able to raise $1 million through a new Solana meme coin called MIRA after Siqi Chen said his daughter Mira was diagnosed with a rare type of brain cancer in September and that research and funding had “been lacking.” The token was created on Pump.fun, and soared from near zero to an $80 million market cap yesterday after Chen’s plea. MIRA’s price has since dropped over 80% from its peak to trade over a cent as of Dec. 27.  Chen Says All MIRA Revenue Will Go To Rare Disease Research  Chen commented on the overwhelming support from the Solana community in a Dec. 26 X post. “I’ve had a lot of very memorable days on the internet over the past 30 years, but this one tops them all,” he wrote in the post. He added that he and his wife are “unbelievably grateful” to the Solana community for their support. this is a long read, but i had some time to think over dinner and wanted to share a few thou...

Pepe Price Prediction: PEPE Corrects 3% As This New Meme Coin Rival Raises More Than $36 Million In Presale

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The Pepe price dropped 3% in the last 24 hours to trade at $0.00001753 as of 11:16 p.m. EST on trading volume that tumbled 21% to $1.5 billion. Pepe Price Aiming For A Breakout The Pepe price chart Analysis on the 4-hour timeframe shows a period of substantial volatility followed by a consolidation phase. Initially, the price experienced a significant bullish run, breaking above key resistance levels, but the momentum peaked near $0.00002735 before reversing sharply, according to GeckoTerminal data. This marks the formation of a prominent lower high, signaling a shift in market sentiment from bullish to bearish. After the pullback, the Pepe price has entered a consolidation zone, fluctuating between $0.00001720 (support) and $0.00001945 (resistance). This rectangular range reflects indecision in the market as traders await a catalyst for the next directional move. Furthermore, a descending triangle pattern (highlighted by the green lines) suggests a bearish continuation is pos...

Meme Tokens vs. Polygon: The Battle Between Hype and Practicality

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Cryptocurrency is a world driven by innovation, community, and, occasionally, hype. Meme tokens and projects like Polygon represent two ends of the crypto spectrum: one thrives on community-driven excitement and lighthearted branding, while the other excels in providing scalable solutions to real-world blockchain challenges. In this battle between hype and practicality, which has the upper hand, and how does it shape the future of crypto investments? The Rise of Meme Tokens: Hype with Growing Substance Meme tokens have evolved far beyond their roots as humorous experiments. Tokens like Dogecoin and Shiba Inu built their success on strong communities and internet culture, but now, next-generation meme tokens like BEER BEAR are redefining what these coins can achieve. While still leveraging the accessibility and charm of memes, they’re adding layers of utility, rewards, and engagement to attract a broader audience. This evolution signals a shift. Investors no longer have to ...

Shiba Inu flashes new buy signal; Is rebound imminent?

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Meme cryptocurrency Shiba Inu (SHIB) is witnessing a short-term price correction, but technical indicators suggest that the coin might target new highs. Specifically, SHIB’s TD Sequential indicator flashed a fresh buy signal on its daily chart, raising the possibility of the token targeting new resistance levels in the short term, according to insights shared by prominent cryptocurrency analyst Ali Martinez in an X post on December 24. The TD Sequential is used to identify trend exhaustion and potential reversals. It consists of a series of candlestick patterns, and in Shiba Inu’s case, the formation suggests that the current downtrend may be nearing its end. Picks for you AI picks 2 cryptocurrencies that will outperform others in Q1 2025 1 hour ago ...

Grinch steals $180B from Bitcoin market cap this Xmas

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The ignition of a new phase of the 2024 cryptocurrency bull market in early November appeared to promise a parabolic Christmas for Bitcoin (BTC) but as more recent trading proved, something might have burned out during the rocketing. Specifically, after surging 56% from $67,811 on November 5 to the all-time high (ATH) above $108,000 on December 17, BTC plunged to its press time price of $97,621, erasing approximately $180 billion from its market capitalization. BTC 7-day market cap price chart. Source: CoinMarketCap Indeed, at its recent high, the total valuation of the world’s premier cryptocurrency exceeded $2.14 trillion. In contrast, on December 24, data from Finbold revealed BTC stood at $1.93 trillion at the time of publication.  Picks for you Solana (SOL) is set for an imminent rally — Here’s why ...

Virtuals Protocol Price Prediction: VIRTUAL Soars 27% As This People’s Meme Coin ICO Offers Last Chance To Buy

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The Virtuals Protocol price soared 27% in the last 24 hours to trade at $3.06 as of 11:40 p.m. EST on trading volume that skyrocketed 119% to $498 million. Virtuals Protocol Price On A Bullish Trend The VIRTUAL/USD chart on the 4-hour timeframe reveals that the Virtuals Protocol price is in a predominantly bullish trend, supported by a strong sequence of higher highs and higher lows. Recently, a double-bottom pattern—a classic bullish reversal formation—has been identified near the $2.50 level. This pattern signals a shift from bearish to bullish momentum, according to GeckoTerminal data. Following the breakout from the double-bottom neckline, the VIRTUAL price surged above the 50-day Simple Moving Average (SMA) and is now trading well above the 200-day SMA, reflecting strong upward momentum. Additionally, the sustained increase in volume during the breakout validates the bullish reversal. Notably, the price of Virtuals Protocol has retested the breakout level, confir...

North Korean hackers lose $400k trading crypto in just 2 days

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While the cryptocurrency space provides a wealth of transformative potential for financial systems — and serves as an exciting market for speculative investments, there’s always a darker side to the story. Although such use cases might be gradually phasing out, cryptocurrencies, and Bitcoin (BTC) in particular, have a history of being used for illegal purposes. To use the most straightforward example, the BTC confiscated by the Federal Bureau of Investigation (FBI) from dark-web marketplace Silk Road is now worth billions of dollars. These illegal activities extend beyond common criminality — a lot of the time, they involve state actors whose clandestine activities are quite far-reaching. Efforts like these can include hacking for the purpose of theft, or attempts to avoid international sanctions. Picks for you Arthur Hayes just dumped $10...