LayerZero Eyes 25% nárůst: Dosáhne ZRO tento víkend 5 USD? | Cryptos Headlines na Binance Square

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LayerZero Eyes 25% nárůst: Dosáhne ZRO tento víkend 5 USD?
#ZERO   #ZRO   #LayerZero   #PolyMarket   #MtGox   $ZRO  $BTC  $ETH 

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ZRO

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97

0

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Bitcoin treasury proposal seeks to hedge Meta’s cash reserves against inflation Ethan Peck has submitted a proposal to Meta, the social media company, to establish a Bitcoin treasury to hedge part of its $72 billion cash and short-term equivalents against inflation. Peck indicated that Meta’s cash reserve is highly affected by inflation and could lose up to 28% of its cash assets. He urged that Bitcoin has performed well as a store of value over the past five years, beating bonds by almost 1,262%. Peck also wrote in the proposal: Mark Zuckerberg named his goats ‘Bitcoin’ and ‘Max.’ Meta director Marc Andreessen has praised Bitcoin and is also a director at Coinbase. Do Meta shareholders not deserve the same kind of responsible asset allocation for the Company that Meta directors and executives likely implement for themselves? Peck submitted the request to Meta on behalf of its family shares Peck is not new to submitting such requests due to his professional background. He is part of the National Center for Public Policy Research, a renowned think tank in Washington, D.C., that promotes market policies to various institutions and relevant government agencies. His agency, The National Center for Public Policy Research, has submitted similar proposals, including the Bitcoin treasury shareholder proposals to Microsoft and Amazon in 2024. However, Peck has spelt out that his current proposal is submitted to Meta on behalf of his family’s shares. In his proposal, he justified his quest by leveraging submissions made by relevant entities. He said that BlackRock, Meta’s second-largest institutional shareholder, “advised that a 2% BTC allocation is reasonable.” Most traditional tech firms are uncomfortable with establishing a Bitcoin reserve The Washington, D.C. think-tank submission that recommended that Microsoft convert 1% of its $484 billion assets to Bitcoin didn’t succeed. At a December 10 meeting, Microsoft shareholders shot down the proposal via a vote. #Meta #Bitcoin #cryptomarket #Crypto #Cryptonews

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Bitcoin treasury proposal seeks to hedge Meta’s cash reserves against inflation

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Whales Influence Dogecoin’s Market Trends Recent activity from Dogecoin whales has stirred significant interest as they executed large sales, offloading around 219 million DOGE on prominent cryptocurrency exchanges. This move has raised alarms among market participants, prompting discussions about its implications for the cryptocurrency. How Do Whale Sales Affect Dogecoin? Data from Whale Alert shows that these substantial transactions amounted to approximately $74 million. The considerable selling by these major players has ignited speculation on the potential impact on Dogecoin’s pricing in the coming period. Is Dogecoin’s Price Increasing Despite Challenges?Despite these sales, Dogecoin’s price experienced a 2% uptick, currently trading at $0.334. However, trading volumes have dipped by 11%, hitting $3.46 billion, while Open Interest for Dogecoin futures saw a decline of 1.5%. This paints a picture of mixed market sentiment surrounding the coin. Notably, projections indicate that DOGE may aim for the $0.35 target shortly. Moreover, Grayscale, a top cryptocurrency asset management firm, is considering DOGE and HBAR for new investment products, which could help mitigate negative market trends. Whale sales of DOGE totalled 219 million, valued at $74 million. Despite selling pressure, DOGE’s price rose 2% to $0.334. Trading volume decreased by 11%, reflecting cautious sentiment. Grayscale’s potential investment in DOGE may bolster market confidence. The interplay between whale activities and external influences, such as market sentiment and investment assessments, is vital for understanding the future trajectory of Dogecoin. Investors should remain vigilant as these trends unfold. #DOGECOİN #DOGE #memecoins #cryptomarket #Cryptonews

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Whales Influence Dogecoin’s Market Trends

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Dogecoin Charts Looking Bullish As Price Struggles Dogecoin price shot down 2.39% compared to 24 hours ago, as technical analysis shows the coin has maintained its high ground to break with the bulls. As analysts show, a Dogecoin price surge to 120% soon seems possible. If Dogecoin repeats history, there is the potential for another monster bull cycle out of this pump. Dogecoin Price Charts Signal Potential RallyHistorically, Dogecoin presents cyclical patterns that are not ambiguous. Dogecoin often breaks out of Ascending Wedge formations, classic bullish formations in Technical Analysis. The first chart below shows that. Historically, these breakouts have caused explosive price rallies and new all-time highs (ATHs). The chart shows Dogecoin’s knack for recovering from prolonged consolidation periods. For instance, in 2017 Dogecoin broke out of a massive descending wedge and thereafter had a price rally of over 1,000%. In 2021, the same patterns were seen in which the hotspot season completed with Dogecoin at its ATH of $0.7376 during a market wide crypto boom. Dogecoin seems to be shaping up another descending wedge, just like before. This could mean the cryptocurrency will see another bullish breakout if this pattern continues. Technical analysts say that such formations primarily denote a green light for a change in the trend, i.e., a reversal of the downward trend. This usually gives a price an impetus for a strong surge higher. According to historical data, Dogecoin is next in line for exponential growth, so analysts claim that Dogecoin could rally 120%in the near term isn’t far off. It’s currently $0.3311, down 2.39% in 24 hours. The trading volume across the same period has likewise fallen by almost 11%, hinting at declining market activity. However, Dogecoin continues to crack the list of top cryptocurrencies, with a market cap of $48.86 billion and 7th place as the largest digital asset. #DOGE #Dogecoin #Memecoin #Altcoin #Cryptonews

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