🐋 DOGE Skyrockets 100% in Whale Transactions Amid Dogecoin ETF Rumors

Dogecoin (DOGE), the famous meme-inspired cryptocurrency, is experiencing a surge in large transactions in the last 24 hours, indicating potential activity from major investors, or "whales."

According to data from IntoTheBlock, the total value of these large transactions, exceeding $100,000, nearly doubled in the past 24 hours, jumping from $1.53 billion to a staggering $3.01 billion. This translates to a significant rise in the volume of DOGE being moved by these whales, from 9.74 billion to 17.97 billion coins.

This surge in whale activity coincides with growing speculation about a potential Dogecoin ETF. The recent optimism surrounding the Ethereum ETF has fueled rumors that DOGE could be next in line for its own regulated investment vehicle.

🔸 Why is Dogecoin ETF possible?

Dogecoin appears to have several factors working in its favor for ETF approval. Unlike some other cryptocurrencies, DOGE is not suspected of being a security, its futures are already approved by the U.S. Commodity Futures Trading Commission (CFTC) and it boasts a healthy market capitalization of $24 billion, ranking it as the eighth largest cryptocurrency.

Interestingly, Billy Markus, one of the creators behind Dogecoin under the pseudonym Shibetoshi Nakamoto, has even chimed in on the ETF rumor with a lighthearted "amusing" remark.

Whether fueled by these rumors or not, the recent surge in whale transactions suggests heightened interest in DOGE, and investors are watching closely to see if this translates to a price increase.

$DOGE #DOGE #Dogecoin

📊 Cardano’s Price Fluctuates Around $0.49

The price of Cardano (ADA) is rising after breaking above the 21-day SMA or resistance at $0.45.

🔸 Long-term forecast for the Cardano price: bearish

The altcoin is approaching the top of the 50-day SMA or resistance at $0.50. On the upside, Cardano will resume its uptrend if the current bullish momentum breaks above the 50-day SMA. The altcoin will reach highs of $0.62 and $0.68.

However, if it is rejected at the 50-day SMA, Cardano would be caught between the moving average lines. The altcoin will start to fluctuate between the moving average lines. In other words, the ADA price will fluctuate between $0.45 and $0.50. The current exchange rate between ADA and USD is $0.47.

🔸 Analysis of the Cardano indicator

Cardano's price bars have risen above the 21-day SMA but remain below the 50-day SMA. If the price of Cardano rises above the 50-day SMA, the negative trend will be stopped. The 21-day SMA had capped the previous uptrend but has now been breached. The buyers still have to overcome a barrier at the 50-day SMA before they can resume the uptrend.

🔸 What is the next move for Cardano?

Cardano is bouncing as it approaches resistance at $0.50. On the 4-hour chart, the ADA price is stuck at $0.49. It is currently trading below its recent high, the cryptocurrency has tested the resistance level twice. This means that Cardano will fluctuate for a few days.

$ADA #ADA #Cardano

🐸 Pepe (PEPE) Leads the Meme Coin Market

Pepe (PEPE), an Ethereum-based cryptocurrency, has garnered significant attention with a current market cap of $4.17 billion, placing it 25th in market rankings. Trading at $0.0000099211, PEPE has surged 516% over the past year, making it the top meme coin on CoinMarketCap.

In the past week alone, PEPE has seen a notable 17% rise, reinforcing its position as a key player in the altcoin market. The last month has witnessed an impressive 100% increase in PEPE’s price, marking it as a prime altcoin investment.

This bullish breakout positions PEPE as a strong candidate for investors aiming to benefit from the altcoin season in the 2024 bull run. This growth trend has also positively influenced other meme coins such as BONK, WIF, FLOKI, DOGE, and SHIB, reflecting a broader impact on the meme coin segment.

$PEPE #PEPE

💥 Terra Luna Classic Community Passes Crucial Proposal, LUNC Price to Rally?

Terra Luna Classic community passes proposal to appoint Allnodes for providing accurate circulating supply data to Binance, LUNC price to rally?

Terra Luna Classic community has approved a proposal appointing Allnodes to provide accurate LUNC circulating supply data. The proposal aimed at changing the circulating supply API endpoint to Allnodes FCD, while developer Raider warned about the need to persuade Binance and CoinMarketCap to use a totally different API for total supply and circulating supply.

🔸 Allnodes To Handle Terra Luna Classic Circulating Supply Endpoint

Proposal 12103 “Change official CS API endpoint to Allnodes FCD” was passed by the Terra Luna Classic community, with only 57% voter turnout.

The proposal has received 53% “Yes” votes, along with 2% “No”, 12% “No with veto”, and 32% “Abstain” votes. Majority of validators including Interstellar Lounge, HappyCattyCrypto, Hexxagon, and StakeBin have voted in favor of the proposal, Allnodes and a few others voted “Abstain”.

Top validator Allnodes will provide the endpoint. Furthermore, the proposal also seeks to get a consensus about the method of calculating the circulating supply.

Allnodes will be required to update to the latest FCD version and implement the following calculation of circulating supply: Circulating Supply = Total Supply – unvested Tokens – Community Pool Holdings – Staked and bonded tokens.

This will help any third-party website to refer Allnodes FCD API as the official information source for Terra Luna Classic circulating supply of LUNC, USTC, and other native tokens. This also lowers the risk of individuals changing circulating supply or total supply, without appropriate discussion and input.

However, Raider revealed that the official LCD and FCD endpoints for supply calculation were rejected by CoinMarketCap and Binance asked to create an API consistent with the circulating supply definition of CoinMarketCap.

$LUNC #LUNC #TERRALUNC

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JUST IN:

Buy Bitcoin  sign shown behind Janet Yellen at a congressional testimony in 2017 sells for $1 Million at auction.

#Bitcoin #BitEagleNews

$No it's not Isreal and Iran war is the reason behind market crash. It's bound to crash because of these reasons
1) Historically during the #bitcoinhalving market crashes and expect more crash
2) When $BTC crashes it takes down all the alt coins $ETH $SOL
3) Staying away from future is the best decision you can opt
4) If you are in loss at the moment, hold
5) During April end market would pump for sure and touch ATH in June and July.
We already having two wars going on from last 1 year and till #BTC managed to reach ATH. Do you think few missiles can crash the market.
#BinanceLaunchpool #bitcoinhalving

🚨🚨Crypto Transfer Alerts: Significant Transactions Detected🚨🚨

1. 2,811,307 $SOL (508,087,875 USD) has been transferred from an unknown wallet to another unknown wallet.

2. 245,000,000 $DOGE (49,622,788 USD) has been transferred from an unknown wallet to Robinhood.

3. 1,076,642 $SOL (194,981,371 USD)has been transferred from an unknown wallet to another unknown wallet.

4. 22,975 $ETH (84,966,824 USD) has been transferred from an unknown wallet to Coinbase Institutional.

5. 67,691,784 DOGE (13,742,462 USD) has been transferred from Robinhood to an unknown wallet.

6. 50,000,378 USDC (50,015,378 USD) has been transferred from an unknown wallet to Coinbase.

7. 90,000,000 USDT (90,018,000 USD) has been transferred from JustLendDAO to an unknown wallet.

8. 692,400,000,000 SHIB (19,260,837 USD) has been transferred from Crypto.com to an unknown wallet.

These significant transactions reflect movement within the cryptocurrency market and may impact market trends. Stay tuned for further updates. 📈📉

#BullorBear #BinanceLaunchpool #xmucan

These are the very brothers who sued Mark Zuckerberg for $65 million for stealing their idea and creating Facebook on his own. They took $11 million of the total amount of compensation and bought bitcoins on them. At the time of purchase, the coin was trading at $120 apiece. That is, they purchased approximately 91,666 BTC, at the current rate it is 641 million dollars.
There are quite a few people who have made an impressive fortune on cryptocurrencies. Therefore, in order not to stretch the already large material, let us move on to those poor people who were one step away from wealth, but lost it.

'Cannot Be Currencies': FM Nirmala Sitharaman Spells India’s Stance on Crypto

Sitharaman was speaking at the India Today Conclave 2024 on Friday when she was asked if the recent bull run in the crypto sector had nudged to government to think about the position of cryptocurrencies in India's financial space.

In response to the question, Sitharaman reportedly said, “Its (the government's) position has always been this, that assets created in the name of crypto can be assets for trading, assets for money making and assets for many other things. We haven't regulated them then, and we haven't regulated them now. But they cannot be currencies and that's the Government of India's position.”

Sitharaman's statement comes when the crypto sector is on an upward trajectory. Owing to a massive inflow of capital into BTC through US-approved ETFs, Bitcoin price surged to an all-time high of over $73,700 (roughly Rs. 61 lakh) this week. Most popular cryptocurrencies tailed behind BTC on the surge trail, taking the crypto market capitalisation to over $2.7 trillion (roughly Rs. 2,23,78,585 crore).

In fact, earlier this week, the chief of the Securities and Exchange Board of India (SEBI) cited some of these crypto features while addressing concerns around a potential investor exodus from the traditional markets space towards options like crypto.
The Indian finance minister, however, maintained an unfazed approach towards the developments currently shaping the crypto industry. She also explained the government's reason of drafting a crypto roadmap for the G20 nations under its presidency last year.“Currencies are to be issued with a fiat of the government or the central bank of the day. And it is still unregulated in India. If one country regulates it and others don't, it will be an easy way of moving money, round-tripping, funding drugs or even terrorism.
$BOME $BTC $ETH #HotTrends #sol #DOGE #WIF #BTC

🧬 Solana flips BNB🔸 becoming the 4th largest cryptocurrency in the world by market value  !!!

Solana reached the $200 price value after two years and its market cap surges to $88 B mark.🔥

$SOL #SOL #TrendingTopic