$BTC #bitcoin is going to have a huge explosion in value so | koinmilyoner on Binance Square

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$BTC #bitcoin is going to have a huge explosion in value soon.

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Large Dogecoin Transaction Volume Increases 45%, Daily Addresses Rise 40%, Catalyst For To $1? Over the last several days, Dogecoin (DOGE), the first and biggest meme currency, has witnessed increased activity. Dogecoin's enormous transaction volume has surged by over 45% and daily active addresses by over 40%, according to latest market statistics Recent events suggest an increase in interest among significant token holders, which might propel Dogecoin towards $1. Dogecoin Transactions and Daily Addresses Rise Large-scale bitcoin transactions are generally linked with ‘whales,’ who execute deliberate maneuvers that may impact market patterns. IntoTheBlock reported that Dogecoin's huge transaction volume rose 44.12% to $23.35 billion. Dogecoin's enormous transaction volume has increased, suggesting deep-pocketed players are more active. The fast rise may also suggest institutional investor or whale interest in the meme coin's future. Dogecoin's daily active addresses have increased 39.91%, indicating more acceptance and network activity, according to ITB statistics. Daily active addresses are blockchain metrics that count the unique wallet addresses used to transact a coin in 24 hours. The daily active address of a cryptocurrency like Dogecoin rises as more people invest, trade, or transact. Despite considerable metric activity, Dogecoin's price has decreased 5.2% in 24 hours to $0.33. ITB believes that Dogecoin is “mostly bullish,” notwithstanding market instability and price changes. This optimistic outlook may indicate that Dogecoin's on-chain indicators, such as strong transaction volume and daily active addresses, may trigger a price comeback. This Could Push DOGE To $1? Despite continuous criticism for its speculative character, Dogecoin has maintained relevance and development in the crypto industry. IntoTheBlock calls recent Dogecoin on-chain metrics jumps “bullish,” but pushing over $1 will likely need external triggers and market changes. #DOGE #doge⚡ $DOGE #Dogecoin‬⁩

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SUI bulls target $6.5 all-time high Friday, Sui's price rebounds over 6% after falling over 10% this week. SUI's long-to-short ratio and open interest are growing, indicating a rise. A daily candlestick closing below $4.45 would disprove bullishness. On Friday, Sui (SUI) trades at $5.06 after recovering most of its weekly losses. SUI's long-to-short ratio and open interest are growing, indicating a rise. Technical analysis predicts a rise to $6.35, a new ATH. Sui price hit an all-time high of $5.36 on Monday and sank to support at $4.45 on Wednesday and Thursday, the 61.8% Fibonacci retracement from its November 26 low of $2.96 to its all-time high. It's trading higher and around its ATH on Friday. SUI might reach the 141.40% Fibonacci extension level of $6.35, a new record high, if it continues to rise. The daily chart's Relative Strength Index (RSI) is 60, above its neutral level of 50, suggesting bullish momentum. A bullish crossing in the Moving Average Convergence Divergence (MACD) indicator suggests a purchase signal and an upward continuation. Open Interest (OI) for Sui increases bullishness. Coinglass data reveals that SUI futures OI grew from $1.20 million on Wednesday to $1.32 billion on Friday since early January. An growing OI indicates fresh money entering the market and purchasing, suggesting a Sui price surge. SUI long-to-short ratio, 1.13, is Coinglass's highest in over a month, another optimistic indication. This ratio over one indicates optimistic market sentiment as more traders bet on the Sui price rising. If Sui's daily candlestick finishes below $4.45, the bullish premise is discredited, and the price falls to $3.94, its next daily support. #SUI🔥 #sui #ShareYourTrade $SUI

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How To Be A Success Story On Binance: BNB is One of the 29Cryptocurrencies Grayscale Might Invest In

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US Senate Crypto Laws Subcommittee Chair Cynthia Lummis The Senate Banking Committee, led by Tim Scott, will create its first crypto subcommittee. The subcommittee, like the Financial Services Republican, will prioritize crypto legislation and promote Donald Trump's campaign theme of making America the ‘crypto capital of the world’. The US Senate Banking Committee will have a crypto subcommittee, according to Fox News writer Eleanor Terrett. A Senate aide said Republican Senator Cynthia Lummis has been informally picked to lead the subcommittee, but the full committee vote is still pending. Before Trump's HUD secretary candidate Scott Turner's confirmation hearing, Lummis and the new Republican and Democrat members (still being finalized) will be voted on next Thursday. The crypto subcommittee is one of Senator Tim Scott's first actions as Senate Banking Committee chairman, which controls financial regulators. Scott hopes to emulate Congressman Patrick McHenry's 2023 House Financial Services Republican panel. In particular, it subcommittee drafted the groundbreaking crypto regulatory measure “FIT21”. The crypto subcommittee must also provide comprehensive plans. To obtain crypto industry confidence, Democrats, including presidential candidate Kamala Harris, softened their anti-crypto position during election campaigns. They said their government will regulate and collaborate with the sector. Following Donald Trump's election, the SEC and other agencies started to abandon their campaign "stance." The CFTC subpoenaed Coinbase for customer data and shut down Polymarket for letting US customers to gamble on presidential elections. #USJoblessClaimsDrop #USJobOpeningsSurge #OnChainLendingSurge #DOJBTCAuction $BTC $XRP $ETH

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Despite 7% Loss, SHIB Bullish Weekly Pattern CoinMarketCap shows SHIB's price volatility has grown during the previous several weeks. The coin traded at $0.00002126, down 6% in seven days and 0.56% from the previous day. The slump has dropped its 24-hour trading volume to $557.59 million and market cap to $12.49 billion. The volume-to-market cap ratio is 4.44%, indicating consistent market mood. Despite this negative trend, Shiba Inu's weekly chart suggests a comeback. Intriguingly, the chart shows bullish forms like an ascending triangle and a cup-and-handle pattern, which generally precede price increases. Would these patterns indicate a lull before a surge? The first is the ascending triangle, a classic pattern with a horizontal resistance line and rising support. This pattern shows bullish momentum as purchasers push the token to higher lows. If the cryptocurrency breaks above this structure, it might climb to $0.000040, the 1.272 Fibonacci extension. A longer advance might target $0.000047 and the 1.618 Fib extension, setting up a major breakthrough. The cup and handle formation, which predicts bullish momentum, is another weekly chart highlight. The “handle” signifies consolidation before an upward breakout, while the “cup” makes a rounded foundation. SHIB cryptocurrency is consolidating in the handle phase, indicating it is preparing for its next move. SHIB may rise 67% to $0.000056, the 2.0 Fibonacci extension, if a breakthrough occurs. This case requires the price to recoup $0.000032 to complete the handle pattern. SHIB might fall below the ascending triangle's support to $0.000016 as a safety net if negative sentiment persists. If the price breaks below this zone, it may fall to the $0.000013-$0.000010 accumulation zone, where buyers might purchase and start up a comeback. Moving Average Convergence Divergence is more complicated. The MACD line at 0.000001718 is close below the signal line at 0.000001805, suggesting fading bullish momentum. #SHIB #shiba⚡ #SHIBA🚀 #memecoin🚀🚀🚀 $SHIB

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