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Dogecoin Rising: Short-Term Gains Expected Compared to Bitcoin. As major figures in the cryptocurrency space, Bitcoin and Dogecoin share some common ground; these include their commitment to the Proof-of-Work (PoW) consensus mechanism. This key feature connects them to a traditional blockchain verification method. However, there is a significant difference in supply dynamics; While DOGE's supply is theoretically infinite, Bitcoin's supply is limited to 21 million, making BTC scarce. Currently, Dogecoin is trading at $0.12 and is up a significant 38.19% Year-to-Date (YTD). Bitcoin, on the other hand, has a value of $61,579, an increase of 39.42% in the same period. The correlation between their prices is quite high, according to Macroaxis, this ratio is at 0.98. This suggests that price movements are closely linked and provide nearly equivalent returns to investors over time, with Bitcoin slightly outperforming Dogecoin. Data shows a significant sell wall for Bitcoin at $62,134. At this level, there are 1.64 million addresses purchasing approximately 759,670 BTC. On the other hand, there are 755,240 addresses purchasing approximately 445,280 BTC at $60,793. This setup indicates that Bitcoin may struggle to surpass the $62,000 level and there is a possibility of it falling below $60,000 in the short term. Dogecoin is in a different position, there is strong support at $0.12. This level represents 86,480 addresses purchasing a total of 6.87 billion DOGE. Such solid support could allow Dogecoin to rise above the $0.12 level to reach future values in the $0.13 to $0.15 range, indicating an advantage over Bitcoin in the short term.
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100 Million Liras Transferred to Binance from Bitcoin Wallet That Has Been Dormant for 14 Years. In July 2010, a miner managed to earn 50 bitcoins for his work and then started keeping the crypto asset he received as a reward in his wallet. At that time, bitcoin was trading at just $0.05. After 14 years, the bitcoins from the reused wallet were transferred to #Binance These cryptocurrencies, dating from the so-called Satoshi era (between 2009 and 2011), were worth only $2.5 when they were mined. Today, the price of 50 bitcoins is exactly 3 million 76 thousand 40 dollars, that is, 101 million 434 thousand 660 TL. In 2010, bitcoin was quite new, and because the algorithm used scaled with usage, at that time – which is almost impossible today – a miner alone managed to create a block and earned 50 bitcoins. Today, cryptocurrency mining is much more difficult and after the halvings, the reward per block has dropped to 3,125 bitcoins. With the increase in #Bitcoin prices and increased usage, it is no longer possible to mine on home computers. In recent years, the hashrate required to calculate new blocks has been breaking record after record. That's why even special systems worth thousands of dollars may not be able to calculate blocks on their own. $BTC $ETH $BNB
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Güncel Ceek VR Bilgileri 1. Genel Bilgiler ve Özellikler: Ceek VR, sanal gerçeklik (VR) platformu olarak kullanıcılarına sanal etkinlikler ve deneyimler sunar. İçerik oluşturucular, Ceek VR cihazları, mobil cihazlar, tabletler ve akıllı TV'ler kullanarak yaratıcılıklarını daha geniş kitlelere ulaştırabilir ve monetizasyon sağlayabilirler. Ceek VR, etkinlik biletlerini tokenleştirerek hayran kitlesini genişletir ve blockchain teknolojisi ile gelirleri güvence altına alır (CoinMarketCap). 2. Yeni Ortaklıklar ve Gelişmeler: Ceek VR, NBA takımları ve e-spor takımları ile iş birliği yaparak markalı VR başlıkları ve 360 derece deneyimler oluşturuyor. Ayrıca, Universal Music ile ortaklıkları sayesinde Lady Gaga, Bon Jovi, U2 gibi popüler sanatçıların canlı performanslarını platforma taşıyor (VR Concerts) (Cointelegraph). 3. BNB Smart Chain Entegrasyonu: Ceek VR, Ethereum'dan Binance Smart Chain'e (BSC) geçerek kullanıcı maliyetlerini ve işlem ücretlerini düşürdü. Bu entegrasyon, Ceek VR'nin daha geniş bir kullanıcı kitlesine ulaşmasını ve daha hızlı işlem yapabilmesini sağladı. Ayrıca, Ceek VR, BNB Chain MBVIV Kuluçka Programı'na seçildi, bu da projeye mentorluk ve topluluk desteği sağlıyor (Cointelegraph) (CoinMarketCap). 4. Gelecek Planları ve Pazar Stratejisi: Ceek VR, yeni ortaklıklar ve platform entegrasyonları ile sanal gerçeklik ve metaverse alanında etkisini artırmayı hedefliyor. NASCAR ve KPOP sanatçıları gibi yeni iş birlikleri üzerinde çalışıyorlar. Ayrıca, daha fazla kullanıcı çekmek için çeşitli borsalarda listelemeler yapıyorlar (VR Concerts) (Cointelegraph).
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Cryptocurrency market overview | 29 June 🔴 Market cap: $2.26 trillion (-1.01%) 🟢 BTC dominance: 53.18% (+0.09%) ⚡️ Fear and Greed Index: 30 (Fear)
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Glassnode Predicts: Ethereum [ETH] Poised for 120% Rally by Year-End as ETF Launch Approaches. Jan Happel and Yann Allemann, founders of blockchain data intelligence firm Glassnode, suggest that Ethereum (ETH) could see a massive price increase at the end of the current bull market. Sharing posts under the pseudonym Negentropic on X (formerly Twitter), the team states that historical price models support a potential rally of ETH and that the price of ETH can reach approximately $ 7,500 per token. Negentropic's analysis is based on Ethereum's reaction to historical trendline resistances, which have previously marked cycle tops. The team predicts that the impact of this trend line indicates a significant price increase and that ETH could potentially make a strong move after consolidating. The founders emphasize that past behavior is similar to the current structure and suggest that a significant gain can be achieved following a similar consolidation phase. The possible launch of the Ethereum ETF is seen as a critical catalyst of this projected rally. According to Glassnode, Ethereum's relative strength compared to Bitcoin (BTC) and other cryptocurrencies is increasing, and the ETF launch is considered a possible trigger of a new bull cycle. “Ethereum is showing relative strength in a market predominantly driven by Bitcoin. “The anticipated ETF launch could be an important catalyst.” Despite this optimism, the ETHBTC rate (the rate that tracks ETH's performance against BTC) currently appears to be in a downtrend. However, a breakout from this downtrend could confirm ETH's potential to outperform BTC and further support the bullish narrative. Analyst TechCharts notes that a breakout could keep Ethereum's performance above Bitcoin, reinforcing the projections discussed by Glassnode.
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