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Solana and Cardano Price Fluctuations Spark Debate, Bitgert Coin’s Price Set for Potential Rally.
While several crypto projects are recording bullish runs or building up to one, it’s all bearish for Solana and Cardano. With the recent Solana and Cardano price fluctuations, investors and token holders are now debating what the most brilliant step is.
Is it time for Solana and Cardano investors to hold on or consider the fast-rising Bitgert coin as it gears up for a potential rally? Find out what experts say.
Bitgert
Bitgert boasts an ever-growing community. With over 800,000 members making up the Bitgert community, it becomes clear how the cryptos earned its unique position in today’s crypto space. Bitgert’s price performance outperforms even Cardano and Solana in their early stage. More so, Bitgert has shown a solid commitment to sustainable growth, as its Zero Gas Fee feature suggests. This perk solves a major pain point for most top investors.
Bitgert’s utilities embody its focus in that it prioritizes fundamentals like market functionality over mere hype. This crypto distinguishes itself from established projects like Cardano and Ethereum as a wise investment option. With the zero transaction fee advantage, straightforward vision, robust community backing, and a higher appeal, experts tip Bitgert to lead a new wave of crypto boom in the coming weeks.
This crypto has all it needs to rival established giants like Cardano and Solana and take the crypto market by storm.
Solana
While Solana might have recorded an increase in the number of DEX trades well over its historical average, Solana market analysts note that the crypto is losing the pace of its growth rate. Also, the number of daily DEX trades on the Solana blockchain has been falling since March 15. Between then and March 18, Solana experienced a price growth from $176 to $208. Shortly after, Solana’s price also recorded a significant price correction.
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While several crypto projects are recording bullish runs or building up to one, it’s all bearish for Solana and Cardano. With the recent Solana and Cardano price fluctuations, investors and token holders are now debating what the most brilliant step is.
Is it time for Solana and Cardano investors to hold on or consider the fast-rising Bitgert coin as it gears up for a potential rally? Find out what experts say.
Bitgert
Bitgert boasts an ever-growing community. With over 800,000 members making up the Bitgert community, it becomes clear how the cryptos earned its unique position in today’s crypto space. Bitgert’s price performance outperforms even Cardano and Solana in their early stage. More so, Bitgert has shown a solid commitment to sustainable growth, as its Zero Gas Fee feature suggests. This perk solves a major pain point for most top investors.
Bitgert’s utilities embody its focus in that it prioritizes fundamentals like market functionality over mere hype. This crypto distinguishes itself from established projects like Cardano and Ethereum as a wise investment option. With the zero transaction fee advantage, straightforward vision, robust community backing, and a higher appeal, experts tip Bitgert to lead a new wave of crypto boom in the coming weeks.
This crypto has all it needs to rival established giants like Cardano and Solana and take the crypto market by storm.
Solana
While Solana might have recorded an increase in the number of DEX trades well over its historical average, Solana market analysts note that the crypto is losing the pace of its growth rate. Also, the number of daily DEX trades on the Solana blockchain has been falling since March 15. Between then and March 18, Solana experienced a price growth from $176 to $208. Shortly after, Solana’s price also recorded a significant price correction.
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Price analysis 4/5: BTC, ETH, BNB, SOL, XRP, DOGE, ADA, AVAX, TON, SHIB
Bitcoin remains locked in a battle near the $69,000 mark, which may extend for a few more days.
Bitcoin BTC tickers down $67,864 has been witnessing a tough battle between the bulls and the bears near the $69,000 mark. Independent trader and analyst Daan Crypto Trades said in a X post that Bitcoin has been hovering around the 2021 cycle high for about four weeks. Historically, Bitcoin consolidates for about 4-8 weeks near the cycle highs before the price starts moving again.
Although the range-bound action frustrates traders, the shallow pullback is a positive sign. Checkmate, the pseudonymous lead on-chain analyst at Glassnode, said in a X post that during the previous bull market cycle between 2019 and the end of 2021, Bitcoin witnessed two corrections of more than 50%. However, pullbacks during the current bull phase have been milder, with the last 20% drawdown in September last year.
The massive buying interest in the spot Bitcoin exchange-traded funds may have limited the downside during the current cycle. Another reason for the shallow pullback could be the expectation that Bitcoin could extend its bull market after the Bitcoin halving.
Will Bitcoin’s current consolidation resolve to the downside or the upside? Is the correction in select altcoins over? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price analysis
Bitcoin has formed a symmetrical triangle pattern, indicating a balance between buyers and sellers. Generally, the symmetrical triangle acts as a continuation pattern, but sometimes, it may behave as a reversal setup.
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Bitcoin remains locked in a battle near the $69,000 mark, which may extend for a few more days.
Bitcoin BTC tickers down $67,864 has been witnessing a tough battle between the bulls and the bears near the $69,000 mark. Independent trader and analyst Daan Crypto Trades said in a X post that Bitcoin has been hovering around the 2021 cycle high for about four weeks. Historically, Bitcoin consolidates for about 4-8 weeks near the cycle highs before the price starts moving again.
Although the range-bound action frustrates traders, the shallow pullback is a positive sign. Checkmate, the pseudonymous lead on-chain analyst at Glassnode, said in a X post that during the previous bull market cycle between 2019 and the end of 2021, Bitcoin witnessed two corrections of more than 50%. However, pullbacks during the current bull phase have been milder, with the last 20% drawdown in September last year.
The massive buying interest in the spot Bitcoin exchange-traded funds may have limited the downside during the current cycle. Another reason for the shallow pullback could be the expectation that Bitcoin could extend its bull market after the Bitcoin halving.
Will Bitcoin’s current consolidation resolve to the downside or the upside? Is the correction in select altcoins over? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price analysis
Bitcoin has formed a symmetrical triangle pattern, indicating a balance between buyers and sellers. Generally, the symmetrical triangle acts as a continuation pattern, but sometimes, it may behave as a reversal setup.
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Solana Overtakes Key Resistance at $160: Key Updates for Today.
Solana (SOL) is on a tear, surging over 11% in the past 24 hours and surpassing the key resistance level of $160. This rally comes after a long climb from its lows of around $8 in early 2023. Here’s a breakdown of everything you need to know before trading SOL today:
The recent surge in Solana’s price can be partly attributed to the explosion of memecoins on its blockchain. Tokens like Bonk and Dogwifhat, inspired by Dogecoin, have seen massive gains, attracting new users and driving activity on the Solana network. Even politically themed memecoins like “jeo boden” and “doland tremp” have gained traction.
Solana’s strong fundamentals also play a role in its price increase. The blockchain boasts the second-largest NFT marketplace by all-time sales volume and a thriving DeFi ecosystem. The recent surge in active users on Phantom, a popular Solana wallet, further highlights the growing interest in the platform.
Despite the positive momentum, Solana grapples with challenges like network congestion due to the high volume of memecoin and NFT activity. This congestion has led to concerns about scalability and security, with malicious actors exploiting the low fees for sandwich attacks.
The Solana community is actively addressing these issues. Jito Labs recently halted its mempool service to improve user experience, while discussions around increasing block space to alleviate congestion are ongoing.
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Solana (SOL) is on a tear, surging over 11% in the past 24 hours and surpassing the key resistance level of $160. This rally comes after a long climb from its lows of around $8 in early 2023. Here’s a breakdown of everything you need to know before trading SOL today:
The recent surge in Solana’s price can be partly attributed to the explosion of memecoins on its blockchain. Tokens like Bonk and Dogwifhat, inspired by Dogecoin, have seen massive gains, attracting new users and driving activity on the Solana network. Even politically themed memecoins like “jeo boden” and “doland tremp” have gained traction.
Solana’s strong fundamentals also play a role in its price increase. The blockchain boasts the second-largest NFT marketplace by all-time sales volume and a thriving DeFi ecosystem. The recent surge in active users on Phantom, a popular Solana wallet, further highlights the growing interest in the platform.
Despite the positive momentum, Solana grapples with challenges like network congestion due to the high volume of memecoin and NFT activity. This congestion has led to concerns about scalability and security, with malicious actors exploiting the low fees for sandwich attacks.
The Solana community is actively addressing these issues. Jito Labs recently halted its mempool service to improve user experience, while discussions around increasing block space to alleviate congestion are ongoing.
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Meme Coin Mania Back? PEPE and WIF Rally as Bitcoin Remains Near ATH.
The surge in meme coins is back, with PepeCoin (PEPE) and Dogwifhat (WIF) leading the charge.
According to data from CoinMarketCap, PEPE has gained more than 21% over the past day, with WIF commanding an impressive 44% gain.
Dogecoin (DOGE) and Shiba Inu (SHIB), the two largest meme coins in terms of market cap, have also surged, though not as strong as their smaller successors.
The leading meme coin has increased more than 7% over the past day, with SHIB gaining a mere 2%.
The rally in meme coins like PEPE and WIF is indicative of a broader trend in the cryptocurrency market, where speculative manias for these tokens are reviving.
This revival is marked by average gains of 13% across meme coins in a single day.
Bitcoin Remains Near ATH
The surge in meme coins come at a time when Bitcoin continues to hover near its all-time high (ATH), adding an extra layer of excitement to the crypto market.
The leading cryptocurrency is currently trading at $73,347, largely flat over the past day. It recorded a new all-time high of $73,750 just earlier today.
Bitcoin has also been on a wild ride since the start of the year.
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The surge in meme coins is back, with PepeCoin (PEPE) and Dogwifhat (WIF) leading the charge.
According to data from CoinMarketCap, PEPE has gained more than 21% over the past day, with WIF commanding an impressive 44% gain.
Dogecoin (DOGE) and Shiba Inu (SHIB), the two largest meme coins in terms of market cap, have also surged, though not as strong as their smaller successors.
The leading meme coin has increased more than 7% over the past day, with SHIB gaining a mere 2%.
The rally in meme coins like PEPE and WIF is indicative of a broader trend in the cryptocurrency market, where speculative manias for these tokens are reviving.
This revival is marked by average gains of 13% across meme coins in a single day.
Bitcoin Remains Near ATH
The surge in meme coins come at a time when Bitcoin continues to hover near its all-time high (ATH), adding an extra layer of excitement to the crypto market.
The leading cryptocurrency is currently trading at $73,347, largely flat over the past day. It recorded a new all-time high of $73,750 just earlier today.
Bitcoin has also been on a wild ride since the start of the year.
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Ethereum and NEO gain as InsanityBets readies for launch.
Ethereum (ETH) surpasses $4,000, marking a 60% monthly increase, as NEO also rises. InsanityBets gears up for its web3 gaming platform debut.
Ethereum (ETH) has recently broken through the $4,000 mark, surging 60% in just one month, showcasing its robust growth trajectory.
Meanwhile, NEO has seen notable monthly rises, highlighting investor interest in diverse blockchain projects.
Amidst these developments, the crypto gaming sector is set to expand with the upcoming launch of InsanityBets, a project that is currently not on the radar of most crypto investors, giving you the chance to get in before the crowd.
Ethereum’s impressive surge to $4k
Ethereum’s recent performance has captivated the cryptocurrency community, as it surpassed the $4,000 threshold, demonstrating a substantial 60% increase over the past month. This significant growth reflects the burgeoning interest and confidence in Ethereum’s long-term potential, especially considering its pivotal role in DeFi, smart contracts, and the broader blockchain ecosystem
The momentum behind Ethereum suggests a bullish outlook, with technical indicators like the Exponential Moving Average (EMA) Ribbon and the Money Flow Index (MFI) signaling strong buying interest and positive momentum
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Ethereum (ETH) surpasses $4,000, marking a 60% monthly increase, as NEO also rises. InsanityBets gears up for its web3 gaming platform debut.
Ethereum (ETH) has recently broken through the $4,000 mark, surging 60% in just one month, showcasing its robust growth trajectory.
Meanwhile, NEO has seen notable monthly rises, highlighting investor interest in diverse blockchain projects.
Amidst these developments, the crypto gaming sector is set to expand with the upcoming launch of InsanityBets, a project that is currently not on the radar of most crypto investors, giving you the chance to get in before the crowd.
Ethereum’s impressive surge to $4k
Ethereum’s recent performance has captivated the cryptocurrency community, as it surpassed the $4,000 threshold, demonstrating a substantial 60% increase over the past month. This significant growth reflects the burgeoning interest and confidence in Ethereum’s long-term potential, especially considering its pivotal role in DeFi, smart contracts, and the broader blockchain ecosystem
The momentum behind Ethereum suggests a bullish outlook, with technical indicators like the Exponential Moving Average (EMA) Ribbon and the Money Flow Index (MFI) signaling strong buying interest and positive momentum
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Breaking: Ethereum Foundation Under Investigation By A State Authority.
The Ethereum Foundation is reportedly under investigation by a State Authority, a new update disclosed through the protocol’s GitHub repository.
The Unclear Inquiry Into Ethereum Foundation
According to the GitHub update, the disclosure of the inquiry was made weeks ago, marking the first time any State Authority will be issuing such a probe into the Ethereum blockchain developer.
“This commit removes a section of the footer as we have received a voluntary enquiry from a state authority that included a requirement for confidentiality,” said Pablo Pettinari, one of the core developers at the Ethereum Foundation, in a commit on February 26.
The GitHub commit showed the removal of contact, another bizarre trend that negates its core tenets of transparency. The inquiry also led to the removal of a canary that represented the Ethereum network from the foundation’s website. Per the Wayback Machine data, this canary feature and its associated text were present in January.
The community has been thrown into undue speculation following the breaking of the inquiry. With the Ethereum Foundation currently not sharing additional details about the probe, any potential fallout in the long term will go a long way in helping stakeholders understand what the core challenge is.
Ethereum remains a controversial digital currency as it relates to its security classification. Through a series of intricate events, there are allegations of a likely conflict of interest with Jay Clayton, the former Chairman of the United States Securities and Exchange Commission (SEC) who filed a lawsuit against XRP days before leaving office.
Many in the community postulated that this lawsuit was directed at XRP to stump competition, however, there is no evidence at the moment to connect this with the current State Authority inquiry.
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The Ethereum Foundation is reportedly under investigation by a State Authority, a new update disclosed through the protocol’s GitHub repository.
The Unclear Inquiry Into Ethereum Foundation
According to the GitHub update, the disclosure of the inquiry was made weeks ago, marking the first time any State Authority will be issuing such a probe into the Ethereum blockchain developer.
“This commit removes a section of the footer as we have received a voluntary enquiry from a state authority that included a requirement for confidentiality,” said Pablo Pettinari, one of the core developers at the Ethereum Foundation, in a commit on February 26.
The GitHub commit showed the removal of contact, another bizarre trend that negates its core tenets of transparency. The inquiry also led to the removal of a canary that represented the Ethereum network from the foundation’s website. Per the Wayback Machine data, this canary feature and its associated text were present in January.
The community has been thrown into undue speculation following the breaking of the inquiry. With the Ethereum Foundation currently not sharing additional details about the probe, any potential fallout in the long term will go a long way in helping stakeholders understand what the core challenge is.
Ethereum remains a controversial digital currency as it relates to its security classification. Through a series of intricate events, there are allegations of a likely conflict of interest with Jay Clayton, the former Chairman of the United States Securities and Exchange Commission (SEC) who filed a lawsuit against XRP days before leaving office.
Many in the community postulated that this lawsuit was directed at XRP to stump competition, however, there is no evidence at the moment to connect this with the current State Authority inquiry.
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Bitcoin Price at $100k by September 2024: Robert Kiyosaki’s Bold Prediction.
Renowned author and investor, Robert Kiyosaki, known for his insightful perspectives, has once again voiced his optimism regarding Bitcoin, projecting a bullish trajectory for the cryptocurrency. His latest prediction suggests that Bitcoin’s value could soar to $100,000 by the year’s end. Kiyosaki’s endorsement comes with a personal investment strategy tailored to harness the potential growth of Bitcoin.
Read more about his strategy below.
Kiyosaki’s (Clever?) Approach
Kiyosaki’s strategy revolves around seizing the opportunity presented by Bitcoin’s upcoming halving event. He recommends investing in Bitcoin whether you’re buying whole coins or smaller fractions like ETFs and Satoshis. His belief is so strong that he plans to add another 10 Bitcoins to his portfolio before April hits.
Kiyosaki’s bullish stance is echoed by other financial heavyweights like Michael Saylor and Andy Schectman. They warn against relying on fiat currencies, dubbing them “fake” money. Instead, they advocate for Bitcoin as a safer option amidst economic uncertainty and geopolitical tensions.
It’s been a Rollercoaster Ride!
Despite recent ups and downs, Bitcoin has shown resilience, bouncing back from lows of $61,000 to surpass $65,000 within a week. This rally is driven by strong buying interest, highlighting continued confidence in Bitcoin’s potential. The cryptocurrency’s price movements closely mirror the 20-day exponential moving average, reflecting ongoing battles between buyers and sellers.
What’s Next for Bitcoin?
Technical analysis suggests that if Bitcoin can break through the $69,000 resistance level, it could open the floodgates to even higher valuations, possibly hitting $75,000. However, failing to hold support levels could lead to further corrections, underscoring the volatile nature of the cryptocurrency market.
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Renowned author and investor, Robert Kiyosaki, known for his insightful perspectives, has once again voiced his optimism regarding Bitcoin, projecting a bullish trajectory for the cryptocurrency. His latest prediction suggests that Bitcoin’s value could soar to $100,000 by the year’s end. Kiyosaki’s endorsement comes with a personal investment strategy tailored to harness the potential growth of Bitcoin.
Read more about his strategy below.
Kiyosaki’s (Clever?) Approach
Kiyosaki’s strategy revolves around seizing the opportunity presented by Bitcoin’s upcoming halving event. He recommends investing in Bitcoin whether you’re buying whole coins or smaller fractions like ETFs and Satoshis. His belief is so strong that he plans to add another 10 Bitcoins to his portfolio before April hits.
Kiyosaki’s bullish stance is echoed by other financial heavyweights like Michael Saylor and Andy Schectman. They warn against relying on fiat currencies, dubbing them “fake” money. Instead, they advocate for Bitcoin as a safer option amidst economic uncertainty and geopolitical tensions.
It’s been a Rollercoaster Ride!
Despite recent ups and downs, Bitcoin has shown resilience, bouncing back from lows of $61,000 to surpass $65,000 within a week. This rally is driven by strong buying interest, highlighting continued confidence in Bitcoin’s potential. The cryptocurrency’s price movements closely mirror the 20-day exponential moving average, reflecting ongoing battles between buyers and sellers.
What’s Next for Bitcoin?
Technical analysis suggests that if Bitcoin can break through the $69,000 resistance level, it could open the floodgates to even higher valuations, possibly hitting $75,000. However, failing to hold support levels could lead to further corrections, underscoring the volatile nature of the cryptocurrency market.
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Dogecoin Whale Sells 118 Mln Coins Amid DOGE’s Dip To $0.15, What’s Next?
In a thrilling plot twist witnessed recently, a Dogecoin whale’s massive selloff appears to be garnering significant attention among crypto market traders and investors globally as DOGE’s price recently dropped to the $0.15 mark, following a notable upward momentum showcased in the past few days. Aligning with a substantial crypto market crash witnessed yesterday, resulting from colossal selloffs, this DOGE offloading chronicle birthed bearish sentiments on one of the most prominent meme coins globally.
Dogecoin Whale’s Offloading Mirrors Bearishness
According to the insights unveiled by the blockchain tracker Whale Alert, a whopping 118.40 million DOGE, worth $19.75 million, was noted to be shifted to Robinhood by an unknown wallet address today, March 16. This selloff birthed a tidal wave of bearishness on Dogecoin, aligning with its recent fall, as the transaction also showcased the whale’s loss of confidence in the abovementioned asset.
Meanwhile, with speculations of a potential meme coin rally end hovering over the crypto horizon, as the majority of meme tokens noted a dip in recent days, this selloff added up to the tidal wave of bearish thoughts on the Elon Musk-supported meme coin.
While, in the interim, market dynamics for DOGE further fueled speculations over a continued slump ahead.
As of writing, Dogecoin’s price noted a substantial drop of 4.17% over the past 24 hours and is currently resting at $0.1604. The meme token even slipped as low as $0.15 today, alarmingly piquing worldwide attention. With the whale’s selloff further weighing in, a bearish sentiment for the token prevails within the broader crypto market.
Derivatives data highlighted by Coinglass additionally showcased bears taking control, as the open interest and volume dropped 6.32% and 48.57% simultaneously.
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In a thrilling plot twist witnessed recently, a Dogecoin whale’s massive selloff appears to be garnering significant attention among crypto market traders and investors globally as DOGE’s price recently dropped to the $0.15 mark, following a notable upward momentum showcased in the past few days. Aligning with a substantial crypto market crash witnessed yesterday, resulting from colossal selloffs, this DOGE offloading chronicle birthed bearish sentiments on one of the most prominent meme coins globally.
Dogecoin Whale’s Offloading Mirrors Bearishness
According to the insights unveiled by the blockchain tracker Whale Alert, a whopping 118.40 million DOGE, worth $19.75 million, was noted to be shifted to Robinhood by an unknown wallet address today, March 16. This selloff birthed a tidal wave of bearishness on Dogecoin, aligning with its recent fall, as the transaction also showcased the whale’s loss of confidence in the abovementioned asset.
Meanwhile, with speculations of a potential meme coin rally end hovering over the crypto horizon, as the majority of meme tokens noted a dip in recent days, this selloff added up to the tidal wave of bearish thoughts on the Elon Musk-supported meme coin.
While, in the interim, market dynamics for DOGE further fueled speculations over a continued slump ahead.
As of writing, Dogecoin’s price noted a substantial drop of 4.17% over the past 24 hours and is currently resting at $0.1604. The meme token even slipped as low as $0.15 today, alarmingly piquing worldwide attention. With the whale’s selloff further weighing in, a bearish sentiment for the token prevails within the broader crypto market.
Derivatives data highlighted by Coinglass additionally showcased bears taking control, as the open interest and volume dropped 6.32% and 48.57% simultaneously.
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$BTC $DOGE $SOL
Top Crypto Events to Watch in April 2024.
April 2024 is an important month in the growth and development of the world of cryptocurrencies. There are a series of significant events lined up on the horizon. From the eagerly awaited Bitcoin halving to legal battles involving prominent figures and groundbreaking project launches, the month ahead promises a flurry of activity and speculation.
Bitcoin Halving
At the forefront is the fourth Bitcoin halving, scheduled for April. Analysts, including Michaël van de Poppe, anticipate that this event could spark a surge in altcoin prices, potentially reshaping market dynamics. Signs of this shift are already visible, with Bitcoin exhibiting notable volatility, even surpassing Ether in recent times before the halving.
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April 2024 is an important month in the growth and development of the world of cryptocurrencies. There are a series of significant events lined up on the horizon. From the eagerly awaited Bitcoin halving to legal battles involving prominent figures and groundbreaking project launches, the month ahead promises a flurry of activity and speculation.
Bitcoin Halving
At the forefront is the fourth Bitcoin halving, scheduled for April. Analysts, including Michaël van de Poppe, anticipate that this event could spark a surge in altcoin prices, potentially reshaping market dynamics. Signs of this shift are already visible, with Bitcoin exhibiting notable volatility, even surpassing Ether in recent times before the halving.
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Elon Musk hints Possibility of Accepting Dogecoin for Tesla Car Purchase.
Tesla’s CEO Elon Musk has suggested that the company might start accepting dogecoin (DOGE) for Tesla vehicle purchases. Elon Musk has endorsed dogecoin on many occasions, particularly since 2001.
According to Beincrypto, Elon Musk Hinted on the Dogecoin integration for Tesla car purchase during a session at Tesla’s Berlin Gigafactory. He entertained the idea in response to a question about dogecoin integration for Tesla by a member of the audience.
“At some point I think we should enable that,” Musk stated.
Elon Musk’s advocacy for Dogecoin isn’t new often calling the crypto asset “The People’s Crypto”.
However, Tesla started accepting crypto for Tesla merchandise on January 15 2022. The crypto transactions were however limited to Dogecoin alone.
Fans of Tesla recently discovered that Dogecoin was mentioned in the code for Tesla’s Cybertruck checkout page.
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Tesla’s CEO Elon Musk has suggested that the company might start accepting dogecoin (DOGE) for Tesla vehicle purchases. Elon Musk has endorsed dogecoin on many occasions, particularly since 2001.
According to Beincrypto, Elon Musk Hinted on the Dogecoin integration for Tesla car purchase during a session at Tesla’s Berlin Gigafactory. He entertained the idea in response to a question about dogecoin integration for Tesla by a member of the audience.
“At some point I think we should enable that,” Musk stated.
Elon Musk’s advocacy for Dogecoin isn’t new often calling the crypto asset “The People’s Crypto”.
However, Tesla started accepting crypto for Tesla merchandise on January 15 2022. The crypto transactions were however limited to Dogecoin alone.
Fans of Tesla recently discovered that Dogecoin was mentioned in the code for Tesla’s Cybertruck checkout page.
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$BTC $BNB $DOGE
Bitcoin ETF inflows hit $562M as BTC price eyes new ATH.
Bitcoin ETFs see over half a billion dollars in net inflows, outpacing the current market supply of Bitcoin 10 times.
United States-based spot Bitcoin exchange-traded funds (ETF) saw net inflows of $562 million on March 4, as the BTC price breached $68,000, with the cryptocurrency’s edging ever closer to its all-time high of about $69,000. This marked the third-largest day of inflows to spot Bitcoin ETFs since they started trading on Jan. 11.
The March 4 inflows came despite outflows from multiple smaller players and the Grayscale Bitcoin Trust (GBTC). GBTC saw $368 million in outflows on the day. BlackRock’s iShares Bitcoin Trust recorded the largest inflows of $420 million, followed by Fidelity’s Wise Origin Bitcoin Trust at $404 million. The net inflows into spot Bitcoin ETFs on the day were 10 times the amount of new BTC added to the supply through mining activities.
Spot Bitcoin ETF trading volume peaked at $5.5 billion in total on March 4, making it the second-highest volume day since the products launched. The high trading volume and institutional demand mean spot Bitcoin ETFs, exchange-traded products and trackers now handle around 1 million BTC — roughly 5.13% of the total BTC circulating supply. Of that 1 million BTC, nearly 83% is managed by U.S.-based spot and futures ETFs, according to a report published by K33 Research.
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Bitcoin ETFs see over half a billion dollars in net inflows, outpacing the current market supply of Bitcoin 10 times.
United States-based spot Bitcoin exchange-traded funds (ETF) saw net inflows of $562 million on March 4, as the BTC price breached $68,000, with the cryptocurrency’s edging ever closer to its all-time high of about $69,000. This marked the third-largest day of inflows to spot Bitcoin ETFs since they started trading on Jan. 11.
The March 4 inflows came despite outflows from multiple smaller players and the Grayscale Bitcoin Trust (GBTC). GBTC saw $368 million in outflows on the day. BlackRock’s iShares Bitcoin Trust recorded the largest inflows of $420 million, followed by Fidelity’s Wise Origin Bitcoin Trust at $404 million. The net inflows into spot Bitcoin ETFs on the day were 10 times the amount of new BTC added to the supply through mining activities.
Spot Bitcoin ETF trading volume peaked at $5.5 billion in total on March 4, making it the second-highest volume day since the products launched. The high trading volume and institutional demand mean spot Bitcoin ETFs, exchange-traded products and trackers now handle around 1 million BTC — roughly 5.13% of the total BTC circulating supply. Of that 1 million BTC, nearly 83% is managed by U.S.-based spot and futures ETFs, according to a report published by K33 Research.
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Cryptocurrency Price on March 7: Bitcoin trades above $66,000; Shiba Inu, Dogecoin shed up to 16%.
Bitcoin gained momentum in early trading on Thursday as bulls showed some signs of pulling out of their bets on the world's largest cryptocurrency. Earlier on Tuesday, it reached an all-time high of $69,202, later on Wednesday it fell to near $60,000.
The world's largest crypto token today jumped to an intraday peak of $67,637 in volatile trading, not too far from Tuesday's record high of $69,202. It was last 2.4% higher at $66,015.
The digital asset's meteoric rally - having already surged 57% for the year so far - has been fuelled by investors pouring money into U.S. spot exchange-traded crypto products and the prospect that global interest rates may fall.
Bitcoin is consolidating near $66,000 and will likely attempt another run at $69,000 in the next few days. Once BTC hits price discovery mode, $72,000 becomes a key target level for profit taking beyond which the market may see another euphoric rally," said Vikram Subburaj, CEO of Giottus Crypto Platform.
Meanwhile, Edul Patel, CEO of Mudrex, said, "Bitcoin surged to $66,000, rebounding from a $60,000 dip, attracting bullish interest as a buying opportunity. With support at $65,600, the focus is on breaking the $69,000 barrier, targeting the next resistance at $70,200."
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Bitcoin gained momentum in early trading on Thursday as bulls showed some signs of pulling out of their bets on the world's largest cryptocurrency. Earlier on Tuesday, it reached an all-time high of $69,202, later on Wednesday it fell to near $60,000.
The world's largest crypto token today jumped to an intraday peak of $67,637 in volatile trading, not too far from Tuesday's record high of $69,202. It was last 2.4% higher at $66,015.
The digital asset's meteoric rally - having already surged 57% for the year so far - has been fuelled by investors pouring money into U.S. spot exchange-traded crypto products and the prospect that global interest rates may fall.
Bitcoin is consolidating near $66,000 and will likely attempt another run at $69,000 in the next few days. Once BTC hits price discovery mode, $72,000 becomes a key target level for profit taking beyond which the market may see another euphoric rally," said Vikram Subburaj, CEO of Giottus Crypto Platform.
Meanwhile, Edul Patel, CEO of Mudrex, said, "Bitcoin surged to $66,000, rebounding from a $60,000 dip, attracting bullish interest as a buying opportunity. With support at $65,600, the focus is on breaking the $69,000 barrier, targeting the next resistance at $70,200."
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TRX Shows Signs of Bullish Momentum Amid Bearish Trend, Technicals Show Promising Signs & Could Fuel Further Gains.
The crypto market prices have fluctuated wildly recently, with TRON (TRX) being one of them. According to the latest market data, TRX is currently trading at $0.119, with a 14.75% decrease over the past month but a 1.27% increase in the last 24 hours. TRON’s market cap stands at over $10.4 billion, the 15th largest cryptocurrency by market cap. The trading volume over the past 24 hours is over $292million. Notably, the volume-to-market cap ratio for the same period is a healthy 2.79%, indicating a decent level of liquidity.
The circulating supply of TRX tokens is 87,700,333,118, with a slight difference of the total supply that stands at 87,700,390,476.
TRON has been trading in a bearish trend for the entire month of March after hitting resistance at the $0.1451 zone 26th February. However, last week’s candle closed bullish, following a double retest of support at the ascending triangle and horizontal support level.
Despite prices currently trading below last week’s close, TRON has demonstrated bullish pressure since hitting a low of $0.1151 earlier this week and the price is now on a trajectory to test resistance at the $0.1225 zone.
TRON has been trading bearishly since February 28th, following a rejection at the $0.1451 resistance zone. However, on March 19th, the price found support at an ascending trendline and has since bounced back, trading within a ranging channel between $0.1225 and $0.1150.
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The crypto market prices have fluctuated wildly recently, with TRON (TRX) being one of them. According to the latest market data, TRX is currently trading at $0.119, with a 14.75% decrease over the past month but a 1.27% increase in the last 24 hours. TRON’s market cap stands at over $10.4 billion, the 15th largest cryptocurrency by market cap. The trading volume over the past 24 hours is over $292million. Notably, the volume-to-market cap ratio for the same period is a healthy 2.79%, indicating a decent level of liquidity.
The circulating supply of TRX tokens is 87,700,333,118, with a slight difference of the total supply that stands at 87,700,390,476.
TRON has been trading in a bearish trend for the entire month of March after hitting resistance at the $0.1451 zone 26th February. However, last week’s candle closed bullish, following a double retest of support at the ascending triangle and horizontal support level.
Despite prices currently trading below last week’s close, TRON has demonstrated bullish pressure since hitting a low of $0.1151 earlier this week and the price is now on a trajectory to test resistance at the $0.1225 zone.
TRON has been trading bearishly since February 28th, following a rejection at the $0.1451 resistance zone. However, on March 19th, the price found support at an ascending trendline and has since bounced back, trading within a ranging channel between $0.1225 and $0.1150.
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Ethereum Foundation makes $13.3m ETH transfer, prompting market speculation.
A wallet reportedly linked to the Ethereum Foundation has liquidated $13.3 million in ETH, raising eyebrows and sparking conversations about a possible price decline.
The Ethereum Foundation‘s decision to liquidate $13 million worth of Ethereum (ETH) has left investors contemplating the transaction’s potential impact on the price of the world’s second-largest cryptocurrency by market capitalization.
Traditionally, the foundation’s actions are considered precursors to market shifts, triggering concerns about a potential decline. Despite this, Ethereum displays bullish signals as the charts look today.
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A wallet reportedly linked to the Ethereum Foundation has liquidated $13.3 million in ETH, raising eyebrows and sparking conversations about a possible price decline.
The Ethereum Foundation‘s decision to liquidate $13 million worth of Ethereum (ETH) has left investors contemplating the transaction’s potential impact on the price of the world’s second-largest cryptocurrency by market capitalization.
Traditionally, the foundation’s actions are considered precursors to market shifts, triggering concerns about a potential decline. Despite this, Ethereum displays bullish signals as the charts look today.
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Australian Asset Management Firm Transfers Bitcoin ETF Application to Cboe Australia.
Monochrome Asset Management, an Australian investment management firm, has transferred its bitcoin exchange-traded fund (ETF) application to Cboe Australia. This move aligns with Monochrome Asset Management’s objective of broadening its footprint in Asian markets.
Monochrome’s Commitment to Investors Evident in Application Transfer
Monochrome Asset Management, an investment management firm based in Australia, announced on April 5 that it had transferred its application for its flagship bitcoin exchange-traded fund (ETF) to Cboe Australia. The firm views this move as a testament to its “commitment to providing investors with secure, accessible, and innovative investment products.”
In a statement, Monochrome expressed that moving the application to Cboe Australia, an alternative trading platform to the Australian Securities Exchange, is in line with its objective of expanding its presence in Asian markets.
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Monochrome Asset Management, an Australian investment management firm, has transferred its bitcoin exchange-traded fund (ETF) application to Cboe Australia. This move aligns with Monochrome Asset Management’s objective of broadening its footprint in Asian markets.
Monochrome’s Commitment to Investors Evident in Application Transfer
Monochrome Asset Management, an investment management firm based in Australia, announced on April 5 that it had transferred its application for its flagship bitcoin exchange-traded fund (ETF) to Cboe Australia. The firm views this move as a testament to its “commitment to providing investors with secure, accessible, and innovative investment products.”
In a statement, Monochrome expressed that moving the application to Cboe Australia, an alternative trading platform to the Australian Securities Exchange, is in line with its objective of expanding its presence in Asian markets.
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Ethereum (ETH), Dogecoin (DOGE) And Two Other Cryptocurrencies That Will Have You Smiling To The Bank By The End Of 2024.
The cryptocurrency market has seen ups and downs over the past few years. However, some digital assets have established themselves as resilient players, poised for impressive growth. Ethereum (ETH), Dogecoin (DOGE), the innovative Retik Finance (RETIK), and meme coin darling Shiba Inu (SHIB) are four cryptocurrencies investors should keep an eye on through 2024 and beyond.
Ethereum Leads the Way
As the second-largest cryptocurrency by market capitalization, Ethereum has cemented itself as a leader in blockchain technology and decentralized applications. After a stellar performance in early 2023 that saw ETH prices surge above $2,600, Ethereum is ready to reach new heights in 2024 amid several positive developments. Upcoming technical upgrades like sharding and rollups will enhance Ethereum’s capabilities and reduce transaction fees. In addition, with increasing utility through DeFi and NFTs and the prospect of an SEC-approved Ethereum ETF by August, Ethereum is poised for substantial gains this year.
Dogecoin Emerges From Hibernation
Meme coin Dogecoin captured hearts and markets during its astounding 16,000% price surge in early 2021. Since then, DOGE has been accumulating in a prolonged consolidation phase. However, with its devoted community and enduring appeal, Dogecoin is now emerging from its slumber ready for a revival. DOGE continues to benefit from celebrity endorsements, especially from Elon Musk. Meanwhile, predictions point to triple-digit percentage gains ahead of the 2024 Bitcoin halving event. With real-world adoption on the rise and upcoming upgrades to improve transaction efficiency, Dogecoin is barking up the right tree this year.
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The cryptocurrency market has seen ups and downs over the past few years. However, some digital assets have established themselves as resilient players, poised for impressive growth. Ethereum (ETH), Dogecoin (DOGE), the innovative Retik Finance (RETIK), and meme coin darling Shiba Inu (SHIB) are four cryptocurrencies investors should keep an eye on through 2024 and beyond.
Ethereum Leads the Way
As the second-largest cryptocurrency by market capitalization, Ethereum has cemented itself as a leader in blockchain technology and decentralized applications. After a stellar performance in early 2023 that saw ETH prices surge above $2,600, Ethereum is ready to reach new heights in 2024 amid several positive developments. Upcoming technical upgrades like sharding and rollups will enhance Ethereum’s capabilities and reduce transaction fees. In addition, with increasing utility through DeFi and NFTs and the prospect of an SEC-approved Ethereum ETF by August, Ethereum is poised for substantial gains this year.
Dogecoin Emerges From Hibernation
Meme coin Dogecoin captured hearts and markets during its astounding 16,000% price surge in early 2021. Since then, DOGE has been accumulating in a prolonged consolidation phase. However, with its devoted community and enduring appeal, Dogecoin is now emerging from its slumber ready for a revival. DOGE continues to benefit from celebrity endorsements, especially from Elon Musk. Meanwhile, predictions point to triple-digit percentage gains ahead of the 2024 Bitcoin halving event. With real-world adoption on the rise and upcoming upgrades to improve transaction efficiency, Dogecoin is barking up the right tree this year.
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