The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate. Readers are encouraged to do thorough research before making any investment decisions. ⚠️

With a gradual recovery, Dogecoin at $0.10 crossroads finds an upside target at $0.1180. Will DOGE buyers hit the target this quarter?
The Dogecoin price in the 4-hour chart reveals a pullback trend struggling to bounce back. The underlying sentiments tease a bullish run as DOGE resurfaces above $0.10. 
Will the meme coin reclaim the $0.12 with an 18% jump as the technical indicators fire off the bullish engine? 
Dogecoin At $0.10 Crossroads
In the 4-hour chart, following the massive correction in late July and early August, the meme coin finds solid support at $0.084. With a quick V-shaped reversal turning into a consolidation range, Dogecoin is stuck between the 23.60% and 50% Fibonacci levels at $0.097 and $0.111, respectively.
The consolidation range continued for the entire August month, with a failed bullish breakout rally attempt. Following the failed attempt, the Dogecoin negative cycle retested the 23.60% Fibonacci level after breaking below the 38.20% level at $0.10.
The meme coin struggles to gain traction despite reclaiming $0.10. Over the past three days, it has increased by 5.53% but has yet to reach the 38.20% Fibonacci level at $0.10528.
The MACD indicator shows a bullish crossover as the recovery run gains momentum. Meanwhile, the 4-hour RSI line shows a bullish divergence. Hence, the momentum indicators support the chances of an uptrend continuation.
The on-chain indicators over IntoTheBlock give a mostly bullish signal for Dogecoin. While 70% of holders make money at the current price, the holder’s composition by time held hits 67% for more than one year.
The on-chain signals, like the large transactions increasing by 2.43%, give a BUY signal. Meanwhile, the bid-to-ask volume imbalance has also increased by 2.28%.
Furthermore, the global in and out of the money indicator showcases that 42.54% of Dogecoin volume is in the money. However, 49.44% is out of the money, with 8% at the money ranging from $0.096 to $0.1043.
Will DOGE Hit $0.12?
As Elon Musk wins the Dogecoin Pyramid Scheme lawsuit of pumping the meme coin, the DOGE price finds a supporting tailwind. With an intraday gain of 1.72%, the meme coin teases an uptrend continuation.
With the 38.20% Fibonacci level breakout, Dogecoin could again face incoming supply pressure at $0.111 or $0.1180, a 15% upside. Conversely, Dogecoin has two additional supports below the $0.097 support level at $0.090 and $0.084. $DOGE #TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #Write2Earn!

Crypto investors are constantly on the hunt for the next big thing. The latest buzz surrounds two promising ICOs: Husky Inu (HINU) and Mpeppe (MPEPE). These two tokens have captured the attention of the crypto community, and for good reason. Both Husky Inu and Mpeppe (MPEPE) are not only gaining traction rapidly but are also offering early investors a unique opportunity to get in on the ground floor of what could be the next major memecoin sensations.
Husky Inu (HINU): A Rising Star in the Solana Ecosystem
Husky Inu (HINU) is quickly making a name for itself as one of the most exciting new memecoins on the Solana blockchain. Often affectionately referred to as Shiba Inu’s new best friend, Husky Inu (HINU) is more than just another memecoin; it’s a project with a mission to bring real utility and value to its community. By leveraging the fast and scalable Solana network, Husky Inu (HINU) is positioning itself as a top contender in the highly competitive memecoin market.
The presale for HINU tokens has been nothing short of phenomenal. In a matter of days, Husky Inu (HINU) sold out its first presale stage, raising over $376,000, with the second stage selling out just as quickly. This rapid success speaks volumes about the growing interest and confidence in the project.
Husky Inu (HINU)’s roadmap includes the launch of an Earn App, which will reward users with HINU tokens for engaging with the project by performing simple tasks such as liking, reposting, and sharing content. Additionally, Husky Inu (HINU) plans to launch its own Decentralized Exchange (DEX), which will further enhance the utility and value of the HINU token.
Key features driving Husky Inu’s popularity include:
Capped Token Supply: With a total supply of 100 billion HINU tokens, scarcity is built into the project, ensuring long-term value retention.Deflationary Mechanism: Husky Inu (HINU) will burn 50% of all platform fees from its exchange and DEX, gradually reducing the circulating supply of HINU tokens over time.Charity Voting: 5% of the total HINU token supply is allocated for community rewards and charitable donations, allowing users to vote on which causes receive support.Speedy Transactions: Leveraging the Solana blockchain, Husky Inu (HINU) offers quick and low-cost transactions, making it an attractive option for traders.
As the presale progresses, Husky Inu (HINU) is selling out at lightning speed, and the opportunity to buy HINU tokens at the modest price of $0.00012500 is quickly diminishing. Early investors are encouraged to act fast to secure their stake in what could become the next big memecoin.
Mpeppe (MPEPE): The Meme Powerhouse
While Husky Inu (HINU) is making waves in the Solana ecosystem, Mpeppe (MPEPE) is carving out its own niche as a powerhouse in the memecoin world. MPEPE, which has already completed over 80% of its Stage 3 presale, is rapidly gaining popularity due to its strong community support and viral marketing strategies.
The Mpeppe (MPEPE) token is priced attractively at $0.001777, and with the presale nearing completion, early investors have a limited window to take advantage of this low entry price. Mpeppe (MPEPE)’s appeal lies in its potential for exponential growth, similar to the meteoric rise of other successful memecoins.
Mpeppe (MPEPE) has garnered attention from various corners of the crypto community, with investors drawn to its promise of high returns. The project’s community-driven approach and innovative features make it a strong contender in the crowded memecoin market.
A Winning Combination
Husky Inu (HINU) and Mpeppe (MPEPE) represent two of the hottest ICOs in the crypto space right now. Both projects offer unique value propositions and have the potential to deliver significant returns for early investors. Whether you’re drawn to the speed and scalability of Husky Inu (HINU) on the Solana blockchain or the viral appeal of Mpeppe (MPEPE), these two tokens are worth keeping an eye on.
As the memecoin market continues to evolve, Husky Inu (HINU) and Mpeppe (MPEPE) are positioned to be key players in the next wave of cryptocurrency growth. For investors looking to diversify their portfolios with high-potential projects, these two tokens offer an exciting opportunity to get in early on what could be the next big thing in crypto.$PEPE #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #Write2Earn!

The Bank of Russia appears to be moving forward with plans to test cross-border crypto deals for qualified investors.
Russia‘s central bank, the Bank of Russia, is considering amending the law to introduce a new category of “particularly qualified investors,” which would allow these individuals to trade crypto as the country explores the use of cryptocurrencies for cross-border transactions.
In an interview published Monday, Aug. 26, in the Russian newspaper Izvestia, Alexey Guznov, the Bank of Russia’s state secretary and deputy governor, indicated a possible shift in the nation’s stance on cryptocurrencies. Guznov disclosed that the central bank is contemplating the possibility of permitting a limited group of specially qualified investors to participate in buying and selling cryptocurrencies.
“There is currently a discussion about allowing a limited group of particularly qualified investors to trade digital currencies, enabling them to buy and sell such assets. However, this is a topic for the next stage. In the meantime, all potential risks need to be thoroughly analyzed.”
Alexey Guznov, Bank of Russia’s state secretary and deputy governor
Currently, there is no legal framework defining these investors, but the central bank is reportedly considering legislative changes to establish this new category.
The central bank is also showing openness to the use of stablecoins for international trade, provided they meet certain criteria. According to Guznov, if a stablecoin is backed by an obligated party and resembles digital financial assets — centralized, tokenized assets issued in Russia — then it can already be used for cross-border settlements under current laws. However, algorithmically managed stablecoins without a backing entity would be treated as cryptocurrencies and would require an experimental regime for cross-border use, he added.
Guznov’s remarks come shortly after reports surfaced saying that Russia is considering the establishment of at least two domestic crypto exchanges, potentially utilizing the infrastructure of traditional stock exchanges in Moscow and Saint Petersburg. The primary objective of these exchanges, however, is not to facilitate crypto trading but to develop stablecoins, including those pegged to the Chinese yuan and a basket of BRICS currencies.
$BTC #RussiaCrypto #MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #Write2Earn!

Shiba Inu is making a significant comeback. SHIB whales, who usually set the direction of the market, have transacted over 1 trillion SHIB in total over the last 24 hours.
Significant SHIB holders have been more active lately, which suggests that interest in the token may be reviving and that its value may rise. The data shown on-chain is encouraging. There has also been a noticeable rise in the quantity of large SHIB transactions: In the last 24 hours alone, 56 transactions were recorded.
Compared to the seven-day low of only six transactions, there has been a significant increase, which may indicate that large holders are starting to participate again. Because whales' actions usually affect the mood of the market as a whole, this kind of movement frequently precedes price changes.
Moreover, the amount of SHIB exchanged in these transactions is remarkable. It was evident that the market had already been heating up when it reached its seven-day high of 2.12 trillion SHIB on Aug. 21, 2024.
Whales may be positioning themselves for a potential increase in the price of SHIB as indicated by the large volumes that are being transacted. SHIB is presently trading at $0.000015, according to an analysis of market data, and its price is beginning to stabilize following a protracted decline. With regard to initiating a new upward trend, SHIB has been trying to break above its resistance levels in the most recent price action, especially around the $0.00001554 mark. Increased whale activity along with the current price dynamics point to a potential recovery for SHIB. The market is still unstable, so it is not a guarantee of a proper recovery, more of an additional supportive signal of the potentially upcoming performance of SHIB.$SHIB #MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #Write2Earn!

In Brief
Floki Inu price accompanied Bitcoin in recovery and performed better.FLOKI experienced a nearly 52% increase compared to Bitcoin's 31% rise.Potential 20% increase for FLOKI was noted at the time of writing.Floki Inu (FLOKI) price today accompanied Bitcoin in recovery and performed better than BTC. FLOKI experienced a nearly 52% increase compared to Bitcoin’s (BTC) 31% rise after the incredible drop on August 5. Additionally, the 1-day charts for FLOKI also indicated an upward trend. This upward trend could pave the way for the meme coin to return to price levels before the price drops started at the end of July. As of the time of writing, there was a potential 20% increase for FLOKI.Will FLOKI Rise?Looking at the price movement on the daily chart, it was seen that FLOKI started an upward movement with the break of $0.00014. During this process, it can also be seen that FLOKI tested the $0.000138 region, which could trigger a movement to the next target resistance region of $0.000176. Despite the MACD indicator remaining below zero, FLOKI’s upward trend was reflected in the charts, and the downward momentum quickly disappeared. At the same time, the OBV, an important indicator, continued to rise throughout the past week but still did not approach the peak performance seen in July.
The current situation reflects that FLOKI may have broken the downtrend in the daily timeframe but ultimately shows that it was forced to fall. The latest example of this situation dates back to July 21, when a local resistance region was breached but the bulls could not defend this region.
FLOKI Comments
The cumulative liquidity levels delta reflected a significant difference between the liquidation levels of long and short positions in recent days, indicating a heavily positive outlook. The existing upward expectation in FLOKI could trigger a long squeeze, which could have a downward effect on the market, but this is not certain.
Despite this, the liquidation heat map for FLOKI also provided other views indicating downward expectations. The liquidation level at $0.00015 indicated a key liquidity region in the upper area, and this region was seen to have disappeared in the last 24 hours.
Given the existence of liquidation levels at higher levels, investors might benefit from being cautious against a short-term decline. A drop below $0.000128 could lead to a visit to the next target of $0.0001.$FLOKI $BTC #MtGoxRepayments #BinanceLaunchpoolDOGS #Write2Earn!

Former President Donald Trump has seemingly put his weight behind his family’s crypto project, the Defiant Ones.
In an Aug. 22 post on Truth Social, Trump endorsed the decentralized finance project, saying; “For too long, the average American has been squeezed by the big banks and financial elites. It’s time we take a stand—together.”
It’s worth noting that Trump met with leaders of the largest financial firms in the U.S., promising tax cuts and deregulation in exchange for their support ahead of the 2024 presidential election. Among the names he spokewith this summer include JPMorgan Chase CEO Jamie Dimon, Citigroup CEO Jane Fraser and Bank of America CEO Brian Moynihan.
This marks the first time Trump has publicly endorsed the still-inactive crypto project on his personal account. 
Up until now, his sons — Eric Trump and Donald Trump Jr. — have been promoting the mysterious project over the last few weeks.
In a past interview with The New York Post, Eric described the project as “digital real estate,” highlighting its potential to shake up the financial sector by providing equitable and instant access to collateral.
It’s equitable. It’s collateral anyone can get access to and do so instantly. I don’t know if people realize what a shakeup that is for the world of banking and finance.Eric Trump, speaking about the Defiant Ones
Most of the Trump brothers’ posts have broadly hinted at the project’s goal of building “the future of finance,” but have provided no specifics on its functionality.
This has left followers curious about whether it would involve a decentralized autonomous organization, a new cryptocurrency, trading market, or something else entirely.
To cut down on the speculation, Trump Jr. recently directed people to a Telegram channel called the Defiant Ones, stating it would be the official source of information about the mysterious project.
The channel currently has almost 40,000 members, and recently gave away premium Telegram subscriptions to 10 of them.
The project seems like the culmination of Trump’s newfound support for crypto. While he referred to the industry as a “scam” in the past, he has since reinvented himself as a pro-crypto stalwart, earning support from the industry in the process.
In July, the former president headlined the Bitcoin 2024 conference in Nashville, Tennessee, where he outlined a series of crypto-friendly proposals, including setting up a national Bitcoin reserve if elected.
After The Defiant Ones was unveiled, numerous critics on X.com almost immediately called it another “grift.”
At least six of Trump’s companies have gone bankrupt. The now-defunct Trump University, launched in 2005, was shut down for fraud. Trump has since resorted to selling sneakers, bibles, and non-fungible tokens, or NFTs.$BTC #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #Write2Earn!

Which is the best investment option Bitcoin or Gold? Every investor, especially the one who is living with a special love for cryptos, may have come across this question at least once in his/her investment career.
Though not many crypto enthusiasts have a confusion regarding the same, the general public normally prefers Gold over Bitcoin, claiming that no asset is as stable as gold – especially when there is uncertainty in the global market. Recently, a crypto enthusiast, identified as Willy Woo, in his X handle, presented some bold arguments capable of challenging the pro-Gold thinking. Eager to know What those were. Then, Dive in to learn.   
The soul of his argument was his prediction that the production of Gold would increase significantly in the 2030s.
The Gold Production Data, published in Our World in Data, supports his argument. The data shows the commencement of a sharp upward momentum in 1850. In 1976, the production was 668 tons. By 1971, it reached 1,603 tons. Post the disintegration of the USSR, in 1992, it hit around 2,241 tons. In 2015, it was nearly 3,100 tons.
Woo opined that rising demand for Gold was the reason that motivated gold miners to increase its production. Additionally, he presented the recent technological advancements made in the gold production process as the factors that helped miners to respond promptly to the market expectation.
When the price of gold increases, it becomes more profitable for gold miners to extract more gold from the earth.
Woo supported Bitcoin over Gold, as an investment option. He justified his support for Bitcoin pointing to the inelasticity of Bitcoin. Unlike Gold, Bitcoin does not follow the general supply and demand theory. Bitcoin has a fixed supply cap or a predefined supply cap. The supply of BTC is controlled by its underlying code. It is its code that decides how new Bitcoins are created. And, the number of new BTCs produced is reduced to half every four years. Not a single Bictoin can be produced once the 21 million market cap is reached.
In conclusion, Woo strongly appealed for Bitcoin, exposing the possible reduction of the value of gold due to the continuing, as well as unchecked, rise of its production supported by production technology advancements. Woo’s arguments may encourage traditional gold investors to relook their present investment strategy.$BTC #MtGoxRepayments #BinanceLaunchpoolDOGS #Write2Earn!

Since its launch on August 15, Sundog has skyrocketed by 300% in just seven days, now trading at $0.24. The coin’s market cap has climbed to $131 million, with a recent high of $325 million, propelled by a whale’s massive $450,000 investment.
What’s Driving Sundog’s Incredible Surge?
Sundog’s rapid ascent is closely linked to the launch of Justin Sun’s SunPump, a new token generator and “first meme fair launch platform.” Designed as a direct competitor to Solana’s Pump.Fun, SunPump aims to attract meme coin enthusiasts to the Tron blockchain by offering a safe and supportive environment for new token launches.
Sun’s platform has garnered significant attention, with over 11,000 tokens already created on SunPump. The platform is backed by a $10 million allocation from Sun’s Meme Ecosystem Boost Incentive Program, which is designed to support emerging tokens and prevent rug pulls—a common concern in the meme coin space.
Could Sundog Be the Next Big Thing?
Sundog’s performance has drawn comparisons to Dogwifhat (WIF), Solana’s prominent meme coin, due to its quick rise in popularity and strong community backing. While it’s too early to predict if Sundog will reach similar heights, the coin’s recent surge and Sun’s aggressive promotion strategy suggest that it’s one to watch.
Tron is currently outperforming other blockchains in revenue, generating $1.06 million in the past 24 hours, according to DeFiLlama. As liquidity continues to flow into Tron, the network could see further growth in the meme coin space.
What’s Next for Sundog and Tron?
While Sundog’s current trajectory is promising, its long-term success will depend on sustained community engagement and continued development on the SunPump platform. With strong backing from Justin Sun and a growing ecosystem, Sundog could potentially establish itself as a leading meme coin on the Tron network.
What are your thoughts on this story? Share your opinions in the comments section below $TRX #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #Write2Earn!

Jerome Powell spoke about rate cuts as short-term Fed liquidity weakenedBitcoin and the broader crypto market have been showing signs of bullish sentiment
Jerome Powell’s recent statement has set the stage for significant shifts in the cryptocurrency market. Powell’s indication that “The time has come for policy to adjust” suggests that U.S rate cuts are on the horizon.
This move, combined with strong global liquidity, is expected to weaken the U.S Dollar (USD) significantly. As the USD weakens, Bitcoin (BTC) and other cryptocurrencies may be poised for significant gains.
In the short term, the Federal Reserve’s liquidity outlook remains weak though, a continuation of the medium-term downtrend that began back in April.
This trend suggests that Fed liquidity could hit a new “lower low” by the end of September, potentially reaching its lowest level since March 2023.
As liquidity fades and rate cuts loom, Bitcoin’s pairing with USD becomes increasingly advantageous. Particularly as Bitcoin prepares to close its seventh consecutive monthly candle above its 2021 all-time high.
The longer Bitcoin’s price consolidates above this level, the stronger the support, setting the stage for a potential breakout in September when the Fed begins its rate cuts.
Bitcoin’s profitable days
Bitcoin has historically been a strong performer, with over 96% of its history showing profitability for holders.
This historical trend, coupled with the imminent weakening of the USD, makes a compelling case for a hike in Bitcoin’s price.
The Altcoin Speculation Index
However, Bitcoin won’t be the only beneficiary of the Fed’s actions. The entire crypto market, including major altcoins like Ethereum, BNB, Solana and XRP, is likely to see a boost.
At press time, the Altcoin Speculation Index, which is at its lowest point since July 2023, indicated that altcoin prices may have bottomed out. Simply put, this index may be signalling an opportunity for growth as USD weakens.
Crypto market RSI heatmap
Here, it’s worth mentioning that the broader crypto market is also showing signs of recovery. The Crypto Market RSI Heatmap recently flipped from oversold to neutral, suggesting that the market may be poised for a rebound.
Daily RSI levels have crossed the 50-level too, indicating healthy momentum with room for further gains before reaching overbought territory.
As the Fed moves towards rate cuts and global liquidity strengthens, the stage is set for Bitcoin and the broader crypto market to rise. This will offer potential gains for investors across the board.$BTC $USDC #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves

The Nigeria Inter-Bank Settlement System (NIBSS) has partnered with Zone, a decentralized payment infrastructure company, to improve its payment services. NIBSS will use Zone’s blockchain technology to streamline its Payment Terminal Service Aggregation (PTSA) operations. Both NIBSS and Zone believe that blockchain technology can revolutionize the financial sector and enhance regulatory oversight.
NIBSS Enhances Payment System with Blockchain Technology
The Nigeria Inter-Bank Settlement System (NIBSS) has joined a decentralized payment network operated by Zone, a payment infrastructure company. The partnership will see NIBSS leverage Zone’s blockchain network to enhance its Payment Terminal Service Aggregation (PTSA) operations.
According to a statement, this collaboration ensures the functions of NIBSS, an entity owned by the Central Bank of Nigeria (CBN), comply with Nigeria’s payment standards. By adopting a blockchain-based solution, NIBSS will eliminate the existing central failure point in transaction routing. This will be done without undermining the regulatory monitoring and reporting capabilities required by the CBN guideline on PTA.
Commenting on the collaboration announcement, Premier Oiwoh, CEO of NIBSS, said:
These partnerships and collaborations with key industry players represent a significant milestone in our mission to drive innovation and enhance the efficiency of the payment system. The strategic alliances will revolutionize the ecosystem, offering improved operational efficiency, cost savings and enhanced financial inclusion, ultimately positioning Nigeria at the forefront of the global payment space.
Obi Emetarom, CEO and Co-founder of Zone, described the collaboration as a testament to the transformative power of blockchain technology not just in payments but the financial sector as a whole. He also suggested that the technology can be useful in enhancing regulatory oversight functions while “simultaneously streamlining operations for service providers.”
As explained in the statement, Zone’s blockchain network enables decentralized routing, which facilitates the direct exchange of financial messages between participating banks without an intermediary. The collaboration not only highlights the potential for blockchain to gain regulator buy-in but also enhance regulatory functions and achieve mainstream adoption on a global scale.
What are your thoughts on this story? Share your opinions in the comments section below.$BTC $BONK #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #Write2Earn!

Fantom has been among the best-performing altcoins in the midweek action. Here’s why it could sustain the momentum
Fantom Foundation rebranded to Sonic Labs in May as part of an overhaul aimed at addressing network issues and improving user experience
The hype around Fantom is centered on the upcoming launch of its upgraded layer-1 chain, Sonic.
The majority of cryptocurrencies were trading in the green on the 22nd of August, notwithstanding a slight retreat from late Wednesday’s prices.
Fantom [FTM] has stood out among top gainers alongside Polygon [MATIC], both registering decent gains.
Per AMBCrypto’s look at TradingView, FTM printed a 15.64% daily green candle on the 21st of August and was on course to complete a minor green candle.
Outside the market, Fantom has seen growing interest and user engagement owing to the ongoing rebranding that will eventually culminate in the network transitioning to a new identity.
In May, the Fantom Foundation introduced the Sonic Foundation and Sonic Labs as the new entities associated with a new high-throughput chain, Sonic Network.
Sonic network narrative
Sonic Network will operate as a high-speed layer-1 chain with a native layer-2 bridge connected to Ethereum [ETH], thus unlocking more liquidity.
The launch of Sonic is expected to deliver a new phase of growth for the ecosystem, thanks to the network’s greater scalability and faster transaction speeds.
Sonic Labs claims the new chain can process over 10,000 transactions per second (TPS), a notable improvement from Opera network’s 2000 TPS.
Looking into the network’s milestones
This week, Sonic Labs launched the Sonic Boom bounty program on the 20th of August to incentivize developer activity.
The program, which represents the first major initiative of Sonic’s airdrop, runs until the 4th of November and will reward developers building on the chain with Sonic Gems.
Earlier this month, Sonic Labs announced that DeFi veteran Andre Cronje had taken up the Chief Technology Officer role.
Cronje will steer the development of Sonic, specifically the native bridging technology, Sonic Gateway.
The bridge aims to enhance interoperability across blockchain ecosystems and features a failsafe, enabling users to recover their funds on the chain.
Last month, Sonic Labs introduced a gas-free trading program in partnership with Rabby, a wallet for Ethereum and all EVM chains.
The program commenced on the 22nd of July and will continue until the 20th of October or if allocated funds are exhausted.
Fantom [FTM]: Technical analysis
FTM has charted nearly 25% gains in the last seven days. This price uptick has been accompanied by significant daily trading volumes resulting from increased market engagement.
CoinMarketCap’s data showed that FTM’s 24-hour trading volume surpassed $200 million on several instances on the 21st of August.
Sonic’s upcoming mainnet launch could rekindle on-chain activity and potentially propel prices, positioning FTM as a strong buy.
FTM has already seen growing interest in the lead-up to the rollout of the Sonic blockchain later this year.
Technical indicators suggested that FTM’s near-term and long-term prospects were strong. At press time, FTM was trading between the 50- and 100-day simple moving averages (SMA).
The $0.54 mark, which coincides with the 200-day exponential moving average (EMA), poses as the next price target for bulls. Flipping resistance at this level would bring $0.68 and May’s high of $0.97 in sight.
Though Fantom [FTM] has rebounded more than 90% from its August 5 lows of $0.24, it still lags behind Bitcoin [BTC] and other major alts in the market in year-to-date returns.
FTM has shrunk 2.40% since the start of this year, under-performing Bitcoin, which was trading 36% higher in the same period. $FTM #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #Write2Earn!

Bitcoin may exit its current range as multiple signs signal that it is at a pivotal point.
Why Bitcoin could be flashing signs of a volatility resurgence and a potential breakout.
BTC whale activity on the rise as exchange flows are expected to surge in the coming days.
Bitcoin [BTC] has been trading within a narrow range underpinned by low volatility in the last 15 days.
It has demonstrated resistance near the $61,000 level during that time, resulting in pullbacks every time it pushed near or above that zone.
The king coin has once again managed to rally above the $61,000 price level in the last 24 hours. This time, though, there are some noteworthy observations which may hint at growing bullish momentum.
For starters, BTC’s RSI has been struggling to push above its 50% level ever since the crash that occurred earlier this month.
However, the recent mid-week bullish push propelled it above the RSI mid-level, and its upside in the last 24 hours demonstrated resilience above that level.
The RSI’s behavior indicates that Bitcoin is experiencing a gradual resurgence of bullish momentum, which may aid its price action in the short-term.
This could spill into the weekend, possibly allowing BTC to push outside the sideways range.
Bitcoin signs at pivotal moment
Bitcoin may benefit from a liquidity influx to fuel a robust upside. Coincidentally, The NASDAQ just formed a bearish divergence pattern, which means a resurgence of sell pressure could see liquidity flow from stocks to Bitcoin.
Meanwhile, Bitcoin whale activity has been on the rise. Addresses holding at least 10 BTC have been increasing in the last few days.
Growing whale activity suggested that Bitcoin was getting closer to exiting the current low volatility range. Bitcoin exchange flows also revealed another important observation worth noting.
Its exchange flows have been quite cyclical over the last few months, with peaks and troughs.
While the exchange flow peaks have been different for the most part, the bottom range has been relatively consistent. Exchange flows fell to the same low range in the last 24 hours.
Note that exchange outflows were slightly higher than inflows at press time.
The above chart signals that exchange flows are about to pivot to the upside. This means the market is about to experience higher exchange flows in the next few days.
As a consequence, Bitcoin price volatility may be in favor of an uptick in the next few days. $BTC #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #Write2Earn!

ZINGER KEY POINTS
Unipcs anticipates several memecoins, including BONK, FLOKI, WIF and PEPE, will surpass $10 billion in market capitalization.The trader foresees continued meme coin enthusiasm with periods of pullback but no complete market fade-out.Veteran trader Unipcs, known for his $18 million profit from a single Bonk BONK/USD trade, has set his sights on BONK and Floki FLOKI/USD as the potential frontrunners in the next meme coin surge.What Happened: Unipcs predicts the overall meme coin market could reach $300 billion, with these two tokens at the forefront of this explosive growth, in an interview with crypto trading platform Bybit.Unipcs, who gained prominence for turning a modest $16,000 investment into over $18 million through a leveraged BONK position, is bullish on the two meme coins based on a combination of technical analysis, community dynamics and macro-economic factors.I believe BONK has massive potential as a top memecoin,” Unipcs stated, citing its connection to Solana SOL/USD culture and accessibility on major exchanges as key strengths.He also pointed to FLOKI as his largest meme coin holding, expressing confidence in its ability to outperform in the coming cycle.Community strength is a crucial factor in Unipcs’ evaluation process.He looks for communities with “irrational passion” and strong advocacy, believing these traits are essential for a meme coin’s success.The trader also stresses the importance of liquidity, paying close attention to trading volume and accessibility on both decentralized and centralized exchanges.Regarding his predictions for the current cycle, Unipcs is notably optimistic.He anticipates the overall meme coin market will not peak until it reaches at least $300 billion.Furthermore, he expects several individual meme coins, including BONK, FLOKI, Wif WIF/USD and Pepe PEPE/USD, to surpass $10 billion in market capitalization.What’s Next: The upcoming Benzinga Future of Digital Assets event on Nov. 19 is expected to shed more light on this controversial yet increasingly influential sector of the digital economy.$BONK $FLOKI #MtGoxRepayments #BinanceLaunchpoolDOGS #Write2Earn!

BONK may have been falling on the price charts, but will that change soon?
Divergence between the price and the accumulation/distribution charts hinted at an uptick
Convergence of market indicators further supported the likelihood of an rally
Over the past week, BONK has registered a decline of over 8.31%. In fact, in the last 24 hours alone, the memecoin lost over 3.5% of its value, with the crypto trading at $0.00001812 on the charts. This was accompanied by a 31.75% decline in trading volume – A sign that bearish pressures are still at play.
Despite this, however, AMBCrypto’s analysis found that BONK’s prevailing price action might merely be a temporary downturn.
Potential sell relief on the horizon
At the time of writing, BONK’s price had recorded a new low. And yet, the Accumulation and Distribution line showed more resilience, with the same not mirroring the aforementioned decline yet.
This discrepancy suggested that the downward movement in price hasn’t been fully backed by the trading volume – A sign of sustained buying interest or reduced selling pressure than was initially apparent.
Further insights revealed that BONK has been bouncing back from a key support level (shown in the image below). This level is historically known for triggering upward rallies, adding to the bullish outlook.
Expanding on this analysis, AMBCrypto also used the Fibonacci Retracement tool to identify potential future price levels as BONK prepares for a rally.
Now, two critical levels were identified – The initial resistance at $0.00001987, where the price may stabilize before gathering bullish momentum.
If this momentum is strong enough, BONK could target the next significant resistance at $0.00002255 – A zone associated with notable selling pressure.
Should buyer interest wane, however, the price could retreat to $0.00001554 as indicated by the Fibonacci Retracement line.
Retail traders and whales anticipate a BONK rally
Recent data from Coinglass indicated that both whales (large volume buyers) and retail traders are optimistic about BONK’s prospects for an upward move.
In fact, Open Interest (OI), which represents the total number of unsettled derivative contracts, saw a $1.13 million hike between 12 August and 21 August, signaling growing interest among traders.
A rising OI means heightened market participation and potential upward momentum – A sign of strong buyers’ commitment.
Moreover, negative inflows indicated that more BONK tokens are being withdrawn from exchanges than deposited. This reinforces investor confidence and bullish sentiment by reducing the supply available for trading.
Given these indicators, a BONK price rally seems imminent, pending the continuation of this bullish trend and let’s share and comment if you are really a Bonker.$BONK #bullish
#MtGoxRepayments #BinanceLaunchpoolDOGS #Write2Earn!

An exclusive panel within the DEA is responsible for drafting this paper, which is expected to be available between September and October 2024.
The Indian government is set to release a consultation paper on crypto regulations by October 2024, marking a significant step in shaping the country’s crypto landscape. The Department of Economic Affairs (DEA) is leading this effort, seeking input from industry experts and stakeholders to clarify the regulatory framework for digital assets.
An exclusive panel within the DEA is responsible for drafting this paper, which is expected to be available between September and October 2024. This document will be a crucial element in the government’s broader strategy to tackle the regulatory challenges in the fast-growing crypto sector. The sector has expanded rapidly, yet it remains largely unregulated, making this move essential for bringing clarity.
Earlier this year, India’s Ministry of Finance stated that there are no immediate plans to regulate crypto sales. However, anti-money laundering (AML) regulations already govern Virtual Digital Asset Service Providers (VDASPs). This approach reflects the government’s cautious but forward-looking strategy in integrating crypto assets into the financial system while ensuring security.
India’s Crypto Stance Evolves with G20
Global developments have strongly influenced India’s position on crypto regulation. Last year, the Financial Stability Board (FSB) integrated crypto-related policy recommendations into the G20 roadmap, marking a global effort for consistent regulatory standards. As the G20 president, India has actively engaged in these discussions, highlighting the need for international cooperation to tackle the challenges and risks of crypto assets.
Finance Minister Nirmala Sitharaman has stressed the need to consider country-specific risks and characteristics before implementing regulations. This approach ensures that India’s regulatory framework remains globally aligned while addressing domestic concerns.
India’s cryptocurrency regulation is evolving, showing a readiness to engage with the growing significance of digital assets. The Reserve Bank of India (RBI) has traditionally been cautious, viewing crypto assets as speculative and lacking intrinsic value. However, recent government actions indicate a move toward a more balanced approach, acknowledging the potential benefits of a well-regulated crypto environment.
Consultations Lead to Policy Progress
The Indian crypto industry has welcomed the government’s openness to consulting with stakeholders. Saravanan Pandian, CEO of KoinBX crypto exchange, emphasized the potential for positive shifts in India’s crypto policy. He noted that the government’s engagement with industry participants marks progress.
This development gains significance in the context of Prime Minister Narendra Modi’s call for a global framework on virtual assets at the B20 Summit India 2023. His remarks showed India’s commitment to contributing to global discussions on crypto regulation and aligning its policies with international standards.
As India nears the finalization of its crypto regulatory framework, the results of this consultation will be pivotal in shaping the future of the crypto industry in the country. The government’s ability to balance innovation with risk management will be essential in creating a dynamic and secure crypto environment in India. $BTC $BNB #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #Write2Earn!

Binance CEO Richard Teng Outlines Global Expansion and Hiring Plans
Binance, the world’s largest cryptocurrency exchange, is preparing for a major expansion of its workforce in 2024. 
Binance Plans To Hire 1,000 Employees in 2024
In an effort to tackle the ever-increasing regulatory pressures, Binance has announced plans to hire 1,000 new employees in 2024. 
A large portion of these new hires will be focused on compliance roles, as Binance looks to expand its compliance staff from 500 to 700. 
This expansion follows the company’s significant investment in regulatory efforts, which has seen its compliance spending rise to over $261 million, up from $158 million two years ago.
The decision to add more employees comes at a time when Binance has seen an increase in law enforcement requests. The platform processed 63,000 requests in 2024, compared to 58,000 in the previous year.
Binance Working Hard on Regulatory Compliance
Binance’s rising compliance spending reflects its commitment to regulatory oversight, such steps prove that Binance is safe. 
In 2022, the company spent $158 million on regulatory compliance, and now in 2024, $261 million. 
Despite its efforts to stay in line with regulations, Binance continues to face regulatory challenges. However, the company remains dedicated to improving its compliance processes to ensure it meets all necessary legal requirements.
CEO Richard Teng’s Words on Binance Regulatory Compliance and Other Plans
Richard Teng, who took over as Binance’s CEO in 2023, has emphasized the importance of compliance in the cryptocurrency industry. 
Teng noted that the company’s regulatory expenditures have surged as part of an effort to stay ahead of legal challenges. 
He also pointed out that Binance remains focused on growing its business while addressing regulatory concerns.
Teng has overseen a restructuring of Binance’s operations, including implementing stricter requirements for listing new digital tokens and spinning off the company’s venture arm. 
These measures aim to ensure the company stays compliant and continues to grow despite the challenges it faces.
Binance Faces Legal Issues But Remains Profitable. Why?
Recently, Binance faced legal issues in India, including another lawsuit from the US Securities and Exchange Commission (SEC) over allegations of mishandling customer funds. Still, the company remains profitable. 
Teng attributed Binance’s profitability to its ongoing efforts to restructure and streamline operations.
Under Teng’s leadership, Binance has made significant changes, such as spinning off its venture arm and enhancing its compliance framework, which has helped it navigate these difficult times. 
Despite legal troubles, Binance’s profitability and growth in user numbers highlight its resilience. It’s notable as recently Binance Tops the list of Top 10 Centralized Exchange
Binance Global Expansion
As part of its global expansion strategy, Binance is also considering locations for a potential global headquarters. 
CEO Teng mentioned that Dubai and Abu Dhabi are being evaluated as possible options. Establishing a global headquarters would be a key milestone for Binance, which has yet to release fully audited financial statements. 
The company’s focus on compliance and global growth indicates a strong commitment to becoming a more transparent and regulated entity in the crypto .$BNB #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #Write2Earn!

After the approval of the first ever Solana ETF on 8th August, Brazil has approved the second Solana based ETF.
Brazil approves second Solana ETF provided by Hashdex.
Despite Solana ETf approval Sol struggles as ETFs uncertainty rock US market.
Brazil became the first country to approve Solana [SOL] exchange-traded funds two weeks ago. As reported earlier by AMBCrypto, Brazil has cemented its position as one of the most pro-crypto governments in the world.
While other countries such as Canada and the U.S. have received filings for Sol ETFs, they lag in approval. Another milestone was that the South American nation approved the second Solana-based ETF.
Brazil approves second SOL ETF
The Brazilian Securities and Exchange Commission (CMV) has approved a second Solana exchange-traded fund (ETF).
According to the agency’s database, the new ETF is operational and will be offered by Hashdex. The provider (Hashdex) is a Brazil-based asset manager with $963 million in assets under management.
In providing the new ETF, the asset manager will work with BTG Pactual, a Brazilian bank. Therefore, Hashdex, having managed the Nasdaq Crypto Index, is well prepared for the Sol ETF challenge.
SOL struggles for traction
Despite the Brazilian move to approve 2 Solana ETFs and growth in the network, SOL is stagnant. SOL continues to struggle in price charts and continues to underperform.
One factor resulting in sol struggles is the decline in memecoin frenzy. Solana-based meme coins have faded in the hype, thus reducing its network adoption.
This mainly results from stiff competition from the Tron network, which has seen a massive memecoin frenzy.
Additionally, the decline in network activity such as Defi, NFTs, and gaming resulted in low inflow as investors’ confidence declined. This has impacted inflow, with the network reporting more outflows than inflow with a negative net flow of -9.4K.
Therefore, SOL continues to decline on price charts by 2.5% and trades at $143.57, as of this writing.
ETFs uncertain in the USA
While Brazil is making moves towards more Solana ETFs, the U.S. market is in jeopardy. According to the report, the filing of Sol ETFs in the U.S. did not move to behold the second phase.
The Securities and Exchange Commission failed to acknowledge the failing of Sol ETFs. Eric Balchunas argues that SOL ETFs have failed over SEC’s indifference, and the situation will remain until 2025 if Trump wins. Through his X page, he noted that,
“Solana ETF filings never made it past Step 2 (the SEC failed to ack them) = DOA. So, the exchanges withdrew 19b-4s although the issuers’ S-1s are still active. A snowball’s chance in hell of approval unless there’s the change in leadership.”
Based on recent reports, Solana ETF filings disappeared from the Cboe website.
In June, VanEck and 21Shares filed for Solana ETFs; thus, the removal of their fillings created more doubt. These disappearances come amidst increased debate by SEC that Solana is a security.$SOL #BinanceLaunchpoolDOGS #MtGoxRepayments #CryptoMarketMoves #BinanceBlockchainWeek #Write2Earn!

In Brief
Toncoin attracts attention despite cryptocurrency fluctuations.Toncoin's value increased by almost 9% with Masterchain growth.Future predictions depend on network developments and investor interest.Despite fluctuations in cryptocurrencies, Toncoin (TON) has managed to attract attention. Strengthened by Telegram’s support, Toncoin achieved significant success by reaching 946 daily active addresses on the Masterchain network. This milestone not only shows how quickly the ecosystem is growing but also highlights Toncoin’s future potential.Toncoin’s Value Shows Noticeable IncreaseTON’s Masterchain network is known as a platform frequently mentioned in the cryptocurrency world. Although the network’s primary function is to manage messages and transactions, the record increase shows that more users are joining the network. The inclusion of new users in the ecosystem has increased demand for Toncoin, leading to a rise in its value.Toncoin’s value has increased by almost 9% with the growth on Masterchain. Currently trading at $6.65, Toncoin is progressing positively despite the general downtrend in the market. Experts indicate that the $7 level is a critical resistance point. It is said that if the $7 level is surpassed, Toncoin’s value could increase further.The increase in Toncoin’s price was not limited to the rise in the number of active addresses. The increase in transactions on the network also boosted activity within the ecosystem. As developments were positive, investors began to show interest, and these events also paved the way for the development of new projects and applications.What to Expect for Toncoin?Toncoin currently ranks eighth with a market value of $16.8 billion. However, some experts believe that if the price falls below the $6.43 level, lower levels could be tested. On the other hand, if the $7 level is surpassed, it is possible for Toncoin to reach its all-time high of $8.28.
I must say that predictions about Toncoin’s future will largely depend on developments on the network and investor interest. In my opinion, if the network’s growth continues, Toncoin’s value and importance will increase. Of course, this situation will also depend on the absence of bad news coming to the market. Lastly, I can say that positive developments in Toncoin could herald new opportunities in the cryptocurrency world.$TON #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #Write2Earn!

In Brief
Memecoins like BRETT, FLOKI, and SHIB signal potential rises.BRETT shows technical indicators for possible upward movement.FLOKI and SHIB form bullish patterns despite recent declines.In the cryptocurrency market, despite Bitcoin (BTC) and leading altcoins showing signs of slowing down, some memecoins are signaling a potential rise. Notably, alongside Tron (TRC) and Bittorrent (BTT), the altcoins to watch this week include BRETT (BRETT), FLOKI (FLOKI), and Shiba Inu (SHIB).BRETT (BRETT)BRETT memecoin made an impressive 14.52% rise last night. The price rose to $0.1194 but closed at a more cautious level of $0.089. BRETT’s inability to stay above the psychological threshold of $0.10 raises questions about the continuation of the upward trend.Technical analysis shows a double bottom formation within a descending channel, indicating an upward movement. The positive crossover in the MACD indicator and the upward trend present a favorable outlook. The recent price rise suggests that the upward movement could continue to the resistance at $0.1125 with the completion of a morning star formation. However, the downward trend in the 150-day SMA indicates a risk of pullback from the $0.10 level.If this level is surpassed, the Fibonacci levels at $0.1482 and $0.2246 could be tested. Otherwise, a pullback to the support level at $0.071 and, if broken, a drop to the support at $0.050 can be expected.FLOKI (FLOKI)FLOKI is trading within a falling wedge formation on the daily chart. The recent death cross between the 50 and 200-day SMA increased selling pressure on the memecoin, but the current horizontal trend suggests a double bottom rise possibility.FLOKI is trading near the support level at $0.0001101, and the recent 7.17% rise formed a bullish candlestick pattern, increasing the likelihood of an upward breakout. Currently trading at $0.0001256, FLOKI is up 0.77% during the day.Potential rise targets for the popular memecoin are $0.0001834 and $0.00021. On the other hand, in a possible decline scenario, a pullback to the support levels at $0.001101 and $0.00010 can be seen.Shiba Inu (SHIB)Shiba Inu is moving in a similar price trend as other memecoins. The daily chart shows a falling wedge formation, with SHIB finding support at $0.000001288 and experiencing a horizontal shift in the price trend.With improving investor sentiment, SHIB formed a double bottom pattern. Additionally, the recent 2.33% rise completed a morning star formation. Currently trading at $0.000001372, SHIB is up 0.59% during the day.Although the upward trend in the memecoin and the bullish crossover in the MACD indicator are observed, the downward trends in the 50-day, 100-day, and 200-day SMAs indicate the possibility of a deeper correction. Still, in an upward breakout, the price could rise to $0.0000020 and then reach the resistance at $0.000002732. Otherwise, a pullback to the support point below $0.000001288, at $0.0000010, can be expected.$SHIB $FLOKI #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #Write2Earn!