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📣 Dogecoin (DOGE) Founder Unveils Major Update: A New Chapter in DOGE’s Crypto Journey 🔾 Dogecoin’s creator, Billy Markus, reiterates his detachment from the meme cryptocurrency’s current trajectory, despite speculation of a “big announcement”. 🔾 Despite Markus’ disengagement, Dogecoin’s value has surged by 4.5% in recent days, sparking speculation about potential catalysts for its bullish momentum. 🔾 Theories range from Tesla’s rumored integration of Dogecoin as a payment option to the possibility of its adoption within Elon Musk’s ventures. Amid speculation of a “big announcement”, Dogecoin’s creator, Billy Markus, reaffirms his detachment from the project. Meanwhile, the meme cryptocurrency’s value surges, sparking theories about potential catalysts. đŸ”ș Dogecoin Creator Distances Himself from Project Billy Markus, also known as Shibetoshi Nakamoto, the enigmatic creator of Dogecoin, has once again distanced himself from the popular meme cryptocurrency. Despite swirling speculation on social media about an impending “big announcement” for DOGE, Markus swiftly doused any hopes, affirming his detachment...  đŸ”ș Dogecoin (DOGE) Price Outlook Meanwhile, Dogecoin’s price has been on a notable upswing, injecting further intrigue into the speculative atmosphere surrounding the cryptocurrency. In a surprising turn of events, DOGE’s value surged by 4.5% in the past several days, reaching a peak of $0.16832. This surge marks a staggering 30% increase since last Thursday, catapulting Dogecoin from its recent low of $0.124. The implications of Dogecoin’s price surge are currently under scrutiny, with speculation abounding regarding potential catalysts for its bullish momentum. Theories range from Tesla’s rumored integration of Dogecoin as a payment option to the possibility of its adoption within Elon Musk’s ventures. $DOGE #DOGE

📣 Dogecoin (DOGE) Founder Unveils Major Update: A New Chapter in DOGE’s Crypto Journey

🔾 Dogecoin’s creator, Billy Markus, reiterates his detachment from the meme cryptocurrency’s current trajectory, despite speculation of a “big announcement”.

🔾 Despite Markus’ disengagement, Dogecoin’s value has surged by 4.5% in recent days, sparking speculation about potential catalysts for its bullish momentum.

🔾 Theories range from Tesla’s rumored integration of Dogecoin as a payment option to the possibility of its adoption within Elon Musk’s ventures.

Amid speculation of a “big announcement”, Dogecoin’s creator, Billy Markus, reaffirms his detachment from the project. Meanwhile, the meme cryptocurrency’s value surges, sparking theories about potential catalysts.

đŸ”ș Dogecoin Creator Distances Himself from Project

Billy Markus, also known as Shibetoshi Nakamoto, the enigmatic creator of Dogecoin, has once again distanced himself from the popular meme cryptocurrency. Despite swirling speculation on social media about an impending “big announcement” for DOGE, Markus swiftly doused any hopes, affirming his detachment... 

đŸ”ș Dogecoin (DOGE) Price Outlook

Meanwhile, Dogecoin’s price has been on a notable upswing, injecting further intrigue into the speculative atmosphere surrounding the cryptocurrency. In a surprising turn of events, DOGE’s value surged by 4.5% in the past several days, reaching a peak of $0.16832. This surge marks a staggering 30% increase since last Thursday, catapulting Dogecoin from its recent low of $0.124. The implications of Dogecoin’s price surge are currently under scrutiny, with speculation abounding regarding potential catalysts for its bullish momentum. Theories range from Tesla’s rumored integration of Dogecoin as a payment option to the possibility of its adoption within Elon Musk’s ventures.

$DOGE #DOGE

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisĂ©. Consultez les CG.
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Ethereum Bulls On The Rise? Crucial Indicator Point To A Major Upturn Ethereum (ETH), the second-largest crypto by market capitalization, has recently shown signs that suggest a potential rebound is on the horizon. Analysts have been closely monitoring various technical indicators, and one such analyst, Ali, has highlighted a key signal that points to an impending price surge. However, Ethereum remains below the critical $3,000 mark. Despite the optimistic technical signals, external factors such as regulatory challenges could influence Ethereum’s trajectory. Specifically, the potential decline of the spot Ethereum ETF application with the US Securities and Exchange Commission (SEC) is a concern, as analysts like Eric Balchunas of Bloomberg suggest that the SEC’s view of ETH as a security could significantly lower the chances of ETF approval. 💬 TLDR: the SEC asked commenters re the Eth spot ETFs whether these filers have properly filed their ETF listing proposals as commodities. This shows the SEC is perhaps considering to Eth is a security in their denial. Our odds of approval remain the same: slim to none. Nice job of
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📈 Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally BTC climbed to its highest price since April 24, while Solana's SOL and NEAR led crypto gains. Bitcoin could target the $84,000 level with altcoins performing well, Swissblock said. Crypto markets rallied with Wednesday's as softer-than-expected U.S. inflation data jolted digital assets from their stupor. Bitcoin (BTC) surged past $66,000 for the first time since April 24, and was recently up more than 7% over the past 24 hours. Ether (ETH) changed hands near $3,000 but underperformed with a 4% advance during the same period. Solana (SOL) and near (NEAR) led gains among crypto majors with 8% and 12% jumps, respectively, and the broader market benchmark CoinDesk 20 Index (CD20) was up 6%. The rally occurred as April U.S. Consumer Price Index (CPI) figures edged lower from March, coupled with a slightly sluggish retail sales report. The data came as a relief for investors fearing that reaccelerating inflation and a red-hot economy might force the Federal Reserve to walk back its dovish pivot and even consider interest rate hikes. "Investors consider this as a bullish regime shift, as it marks the first decrease in CPI inflation over the last three months," Bitfinex analysts said in a market update. This, together with the Federal Reserve previously announcing its intention to taper the central bank's balance sheet run-off, "is seen as a favorable print for risk assets," Bitfinex added. Looking at traditional markets, U.S. equities also climbed during the day, with the S&P 500 index gaining more than 1% and hitting a fresh all-time high, underscoring the return of risk appetite. Today's bitcoin surge also marked a break-out from a downtrend that capped prices for the last few weeks, Swissblock analysts said in a Telegram update. "BTC [is] finally making the bigger move," Swissblock said. "We have been waiting for the trigger for the release of a larger structure since March high. Today we got that," referring to the CPI and retail sales numbers. $BTC #BTC $SOL $NEAR
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đŸ”„ Binance is proud to present Spot Copy Trading! 🔾 Binance Introduces New Spot Copy Trading Option The spot copy trading feature has been announced by Binance. With it, users can mimic the trading strategies of other traders. A comparable option was introduced on Binance Futures by the firm in October 2023. Spot copy trading is now available on Binance, a cryptocurrency exchange. 🔾 We paid attention to your request. Quoted from Binance’s May 15, 2024 tweet: According to the message, customers now have the option to directly mimic the trading strategies of seasoned traders. Binance went on to clarify how copy trading works in the futures market as opposed to the spot market: One key distinction is the nature of the assets that are exchanged. While futures traders frequently employ leverage, spot traders purchase and sell cryptocurrencies at the current market price. Potential profit and risk can both rise as a result of this. It has been confirmed that users of the exchange will have the capability to replicate the actions of ten traders simultaneously. Users will also receive a discount of 10% on trading commissions and 10% of their copy traders’ profits, according to the message. According to the company, a portfolio of experienced traders should be between $500 and $250,000, and there should be no more than 200 copy traders. Don’t forget that Binance Futures had a comparable feature when it was launched in October 2023. #Binance #trading
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📈 Why Did Bitcoin (BTC) Price Rally Today? What Can Happen Next? Here’s What Analysts Say Bitcoin experienced its most significant increase since March after the April consumer price index (CPI) was announced, which showed that the inflation rate in the United States had decreased. BTC price increased significantly along with US stocks today. The consumer price index (CPI), a comprehensive measure of the cost of goods and services at the point of sale, rose 0.3% from March, according to a report from the U.S. Department of Labor's Bureau of Labor Statistics. This figure was slightly below Dow Jones' estimate of 0.4%. Despite this, consumer prices continue to increase by 3.4% on an annual basis. Oppenheimer analyst Owen Lau stated that the CPI being slightly lower than expected increases the possibility of an interest rate cut. He noted that interest rate cuts continue to have a strong impact on Bitcoin's price. “After ETFs and the halving, the next big catalyst is a rate cut. Until we see a clearer path for a rate cut, Bitcoin is likely to stick with macro data points and trade alongside them,” he said. According to analysts, the decline in core CPI in the US for the first time in six months may lead to a revival in investors' appetite for riskier assets such as cryptocurrencies. This could lead to an increase in flows into Bitcoin spot ETFs, which have been particularly inactive over the past week, according to 21Shares analyst Leena ElDeeb. However, ElDeeb added a note of caution, saying the recovery could be slow due to ongoing uncertainty regarding interest rate cuts. “Generally, higher interest rates make risky assets such as technology stocks and Bitcoin less attractive, as investors can earn significant returns from safer options such as U.S. bonds,” ElDeeb said. $BTC #BTC #Bitcoin
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