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Dogecoin Price Targets $0.15 Breakout 
Dogecoin price stabilizes above a breached trendline, forming a triangle pattern on the 4-hour chart, DOGE may drop 5% to retest support before potentially breaking out toward $0.14..
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US States To Refund Investors Amid $1 Bln Crypto Scheme Settlement United States authorities have finalized a settlement with Josip Heit, the head of GSB Group over an alleged $1 billion illegal crypto scheme. Five states made the move seeking to recover millions of dollars for investors. United States regulators and their global counterparts ramp up efforts to protect investors in financial markets. US Authorities Reach Agreement With GSB Group Regulators in five states; Texas, Alabama, Georgia, Arkansas, and Arizona have announced a settlement with Josip Heit over a failed crypto scheme. The Texas State Securities Board revealed the move in a bid to secure funds for thousands of affected investors in the US and Canada. The scheme sold investors tokenized ownership in a skyscraper alongside other products like metaverse investments and a crypto asset that could be exchanged for gold. Follow Us Like Share Comment

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How Far Can LINK Price Go? The 4-hour chart for the LINK price shows a rising trend as the price steadily moves upward within an ascending channel. The Relative Strength Index (RSI) indicates that the market is approaching overbought conditions. Currently sitting at 68, nearing the 70 threshold, which could signal potential selling pressure in the near future. Meanwhile, the CMF Chaikin Money Flow (CMF) at 0.07 suggests a positive flow of capital into LINK, confirming bullish momentum, On September 9, 2024, LINK’s market trends show a significant price drop since early March 2024. The MVRV (Market Value to Realized Value) ratio has seen fluctuations, aligning with price volatility. The chart depicts steady declines, with occasional recoveries peaking in mid-May and mid-June. The MVRV ratio shows reduced profitability for holders, with a sharp dip in late August. Currently, the MVRV ratio stands at 7.17%. This indicates that holders are slightly above water but with limited gains. The market remains in a downtrend despite minor recovery attempts. Chainlink price is facing a challenging resistance at the $15 mark. A breakthrough past this level could indicate a bullish shift for the cryptocurrency. If this breakout occurs, the next significant target for LINK would be the $17 resistance. If the bullish momentum builds further the Chainlink price prediction could climb as high as $20, fueled by a market rally. Follow Us Like Share Comment Repost

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Pepe Coin Price Just Flashed a Buy Signal, Is It Time to Long PEPE? Pepe Coin price broke below a monthly support structure over the weekend, establishing a new low for September. Historically, September has been a red month for crypto, with occasional green years depending on other macro factors. So far, PEPE’s price is down 6.69% for the month, but a potential rally of 25% could be on the horizon as the market structure signals a rebound. Additionally, influential figure Arthur Hayes has closed his Bitcoin price short position, suggesting he anticipates an upcoming market recovery. Futures Traders Anticipate Pepe Coin Price Rally Futures traders are an important factor in determining the direction the price of an asset takes, as they contribute the majority of the liquidity and keep the markets alive through continuous speculation. For PEPE price, derivatives traders seem convinced the asset has changed course and is headed upward, as data from Coinglass suggests. The PEPE exchange liquidation map shows twice as much cumulative Long liquidation leverage as Shorts. This imbalance shows bullish sentiment dominates the market because traders anticipate further upside potential for the asset. Additionally, the Crypto Derivatives Visual Screener (CDVS) shows the majority of traders entering Long on Pepe Coin. This can be seen by how the PEPE open interest (OI) and price have had positive increments over the last 24 hours. Additionally, another spike in large transaction netflow on September 4 resulted in a net positive inflow of 84 billion PEPE ($591,360) into whales’ wallets. Combined with negative exchange net flows, the increase in whale activity may signal that large holders are taking advantage of the declining market to scoop up more PEPE tokens in anticipation of a price increase. Follow Us X / trend Like Share Comment Repost

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Terra Luna Classic Set To Burn 1 Billion USTC & 275 Billion LUNC? Terra Luna Classic community awaits massive USTC and LUNC burn by Terraform Labs (TFL) as per the Chapter 11 bankruptcy and court order in the U.S. SEC case. While the actual amount of Terra ecosystem tokens to be burned remains uncertain, Terra Classic members claim it’s over 1 billion USTC and 275 billion LUNC tokens. Terra Luna Classic Community Prepares For USTC & LUNC Burn Terra Luna Classic validator HappyCattyCrypto in an X post on September 9 opened up about his research into the amount of tokens burn expected from TFL. According to him, over 1 billion USTC and 275 billion LUNC tokens could burn as a result of Chapter 11 bankruptcy proceedings. Notably, over 2.58 billion LUNC have been claimed from the shuttle bridge reopened by TFL, as per Terra Finder transactions data. In addition, the validator urged the community to migrate Mirror Protocol and Anchor Protocol contracts to new code via governance similar to Risk Harbor. The funds associated with Mirror Protocol and Anchor Protocol are Columbus-5 native assets USTC and LUNC. All Terra Luna Classic assets as stated by Chris Amani and ordered by the court judgment should be burned. TFL will not interact with Columbus-5 or Phoenix-1 chains after October 31. Any token burn or transfer will be difficult post the court-approved date. As TFL begins winding down its operations, Proposal 4818 will be the final chain upgrade that we implement. Pursuant to TFL’s settlement with the SEC and implementation of its proposed chapter 11 plan, TFL will no longer have the ability to support future chain upgrades,” as per Terra Money. Total LUNC burn from Mirror Protocol would be 480,404,166, as per a Commonwealth post. Also, a total of 46,556,271 USTC can be burned from Mirror Protocol and 729,976,293 USTC from Anchor Protocol. Follow Us Like Share Comment Repost

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