dogwifhat faces short-term correction: How long until WIF bounces?

What is the reason for this growth of Bitcoin? According to Bernstein analysts: #BTC rose by 14% in October, reaching $65,000, partly due to the increased likelihood of Donald Trump winning the election Despite the support of cryptocurrencies from both sides, the market is reacting to the increased chances of Trump 🦅 MicroStrategy acts as an indicator for #BTC, its shares rose by 191% in 2024, and the company holds 252,220 #BTC 🚀 😛 Analysts predict growth to $80,000–$90,000 (if Trump wins) 😱

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$DOG is once again leading the market, showing a strong upward trend that indicates a high likelihood of surpassing the next target of $0.0132. Alongside Bitcoin's bullish signals, contributions from $SHIB and $PEPE are amplifying this positive movement across the crypto landscape, highlighting its potential! There were 27x gains tracked in the last rally.

Dead Cat Bounce: What Is It? A dead cat bounce is a stock market term used to describe a temporary and short-lived price recovery of an asset (e.g., stocks, cryptocurrencies, or other financial instruments) following a significant and prolonged decline. This recovery does not indicate a trend reversal but is rather a short-term correction, usually followed by further price declines. Key characteristics of a dead cat bounce: 🔵Short-term recovery: After a significant price drop, there is a brief and temporary rise in the price of the asset. 🔵Continuation of the downward trend: After the bounce, the asset’s price continues to fall, sometimes reaching new lows. 🔵Lack of fundamental reasons for recovery: Unlike a real trend reversal, a dead cat bounce is not accompanied by improvements in fundamental factors such as the company's financials, news, or changes in the overall economic situation. Why it’s important to understand a dead cat bounce: 🔵Avoiding false signals: Traders and investors should be cautious not to mistake a temporary price rise for a trend reversal and enter the market too early. 🔵Understanding market dynamics: A dead cat bounce is part of market volatility. Understanding this phenomenon helps traders better forecast future price movements. 🔵Exit strategy: If traders understand that the price increase is just a temporary correction, they can use this opportunity to exit their positions before further price drops. #Catbounce #BTCSoarsTo68K $BTC {spot}(BTCUSDT)

Ethers.js empowers Ethereum devs with its lightweight, easy-to-use library for building dApps. By joining @gitcoin Grants, @ricmoo’s side project transformed into a must-have tool across the Ethereum ecosystem. Read on to learn more about their journey with Gitcoin👇

What is a ‘Yes’ share? @shayne_coplan from @Polymarket talks at @MessariCrypto Mainnet about the intrinsic value of a yes share and what prediction market odds mean 👇 https://x.com/UMAprotocol/status/1846567088552288631/video/1

💰 RECENT #FUNDING ROUNDS @OpenGradient is a decentralized platform that provides scalable #AI compute on-chain, enabling developers to build secure, intelligent, and optimized decentralized applications. @yalaorg leverages the Yala modular infrastructure to offer a lending #protocol enabling users to borrow over-collateralized stablecoins ($YU) by depositing $BTC or $UTXO assets. @SolvProtocol is a decentralized platform focused on providing liquidity and yield infrastructure for digital assets. It offers products like #SolvBTC, which allows users to earn #DeFi yield and participate in cross-chain point farming. @townsxyz is a #Web3 group chat protocol and app developed by @hntlabs, enabling online communities to build blockchain-based gatherings in a fully decentralized way. #OpenGradient #YalaFinance #SolvProtocol #Towns

Just got airdropped 3 $AVAX by the @AvalancheFDN in @TheArenaApp ... Whose ticket am I buying?

#RippleSwell Day 2 starts in 3....2....1....💥🌴 https://x.com/Ripple/status/1846553948745839004/video/1

📰 Exciting news! Today, SKUx announced the completion of the first phase of its payment-based offer innovation project with Hedera Council member @MDLZ. #BuiltonHedera Check it out ➡️ https://skux.io/skux-mondelez-hedera-first-phase/

🚀 Italy's Deputy Finance Minister, Maurizio Leo, announced a tax hike on crypto capital gains from 26% to 42%! This bold move aims to boost revenues as digital assets like Bitcoin gain traction. Despite the tax increase, Bitcoin (BTC) remains resilient, soaring over 12% this week and breaking the $68,000 mark for the first time since July! 📈 What do you think about Italy's new tax policy? Will it impact your crypto strategies? Share your thoughts below! 💬 #CryptoNews #Bitcoin #Italy #CryptoTax #BTC

What is Popcat memecoin? Popcat is a meme coin project developed on the Solana platform, inspired by the famous 2020 "Oatmeal Cat" meme featuring the cat's "O-shaped mouth." The meme shows the cat in two different poses: one with a closed mouth and one with an "O-shaped" open mouth, creating a fun visual transition, similar to a "pop" sound. This simple concept made the meme go viral and became the creative inspiration for the Popcat meme coin. In December 2023, Popcat officially launched as a meme coin in the community. Why did Popcat attract the community's attention? The origin of Popcat. Popcat originated from the online game Popcat Click, a simple game where players click to create the "Pop" sound from the image of the cat. During the Covid-19 pandemic, when people spent more time at home, the game became a light form of entertainment and attracted a large number of players. By connecting an online game with a meme coin in the Web3 world, Popcat successfully built a vibrant online community, maintaining interaction and increasing its project recognition. A different approach compared to other meme coins. In December 2023, most of the meme coin community's attention was focused on dog- themed projects, with the most prominent being Dogwifhat and Bonk both of which - belong to the Solana ecosystem and have a market capitalization of over $1 billion. However, Popcat chose a unique direction by adopting the Oatmeal Cat image, creating a distinct contrast and sparking curiosity among cat-themed meme lovers. Basic information about POPCAT Token. • Token Name: Popcat • Token Symbol: POPCAT • Blockchain: Solana • Smart Contract: 7GCihgDB8fe6KNjn2MYtkzZcRjQy3t9GHdC{ • Listing Date: 3/7/2024 • Price (16/10/2024): $1.2 • Market Cap: $1.2 billion • Fully Diluted Market Cap: $1.2 billion • Total Supply: 979,978,670 • Max Supply: 979,978,670 • Circulating Supply: 979,978,670

All altcoins are gearing up for a massive surge as they prepare to fly to the moon. With huge transfers flowing into Binance, investors are stacking up altcoins ahead of the upcoming bull run. #TrumpDeFi #MemeCoinTrending #BTCUptober #doge⚡ #BullRunAhead $BTC $DOGE

🚨 **Crypto Tax Alert in Italy!** Italy's Deputy Finance Minister, Maurizio Leo, announced a significant tax hike on capital gains from cryptocurrencies like Bitcoin, raising it from 26% to 42%. This move aims to capture more revenue as digital assets gain popularity. Despite the tax increase, Bitcoin's price remained unaffected, continuing its upward trend with a 12% week-over-week gain, now above $68,000 for the first time since late July. What do you think about this tax hike? Will it impact your crypto investments? Share your thoughts in the comments! 💬 Read More: Here’s How EU Nations Are Preparing to Enforce MiCA

🚀 Italy's Deputy Finance Minister, Maurizio Leo, just announced a tax hike on crypto gains to 42% from 26%! 😱 But guess what? Bitcoin didn't even flinch and soared above $68K, marking a 12% weekly gain! 📈 Why the tax hike? The Italian government wants to cash in on the booming crypto market and strengthen its digital services tax for the 2025 budget. 💼 Despite the tax news, the crypto market remains bullish! 🌟 What do you think? Will this affect DeFi and Web 3 adoption in Italy? Share your thoughts in the comments! 💬 #DeFi #Web3 #CryptoTax #Bitcoin

🚀 Ethereum Validators Soar! 🚀 - Ethereum validators surged over 30% in the past year, topping 1 million in June 2024, up from 824,300 in September 2023. 📈 - Flipside Crypto's Carlos Mercado credits this to institutional interest in liquid staking and restaking. - Liquid staking lets institutions bypass Beacon Chain withdrawal periods, while restaking boosts capital efficiency. - Staked Ether also grew 27%, hitting 34.7 million ETH, driven by the Shanghai upgrade and Ethereum ETFs. - Polygon's staking activities are up 36.4%, though validator numbers remain capped. The crypto world is buzzing! 🌐

🚀 **Bitcoin Treasure Hunt: Legal Drama Unfolds!** 🚀 - James Howells, the British man who lost his Bitcoin-laden hard drive in a Newport landfill, is taking Newport City Council to court. - Howells seeks permission to excavate the landfill or receive damages for his 8,000 BTC, now worth over $647 million. - The council has repeatedly refused his requests, citing environmental concerns. - Howells argues his excavation plan would clean up the landfill at no cost to taxpayers. - The case will be heard on Dec. 3. Will Howells finally dig up his digital gold? Stay tuned!

🚀 **Lost Bitcoin Treasure Hunt: Legal Drama Unfolds!** 💰 James Howells, the man who famously lost a hard drive with 8,000 BTC in a Newport landfill, is taking legal action against Newport City Council. After years of being denied permission to dig, Howells is seeking either damages or the green light to excavate. - Howells argues the council's environmental concerns are baseless. - He claims his excavation plan would also clean up the landfill. - The council remains firm, citing environmental risks. What do you think? Should he be allowed to dig? Drop your thoughts below! 👇

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🚀 Big news in the crypto world! Tesla has just moved almost all of its Bitcoin holdings to unknown wallets after two years of dormancy. 🌐 This unexpected move has sparked a lot of speculation and excitement in the market. Could this be a sign of a new strategy or just a routine transfer? 🤔 We're feeling optimistic about the market's future! What do you think this means for BTC and the broader crypto landscape? Drop your thoughts in the comments below! 💬 #Bitcoin #Crypto #Tesla #BTC #MarketAnalysis

Ethereum Validators See Significant Growth Amid Institutional Adoption

🚀 Crypto News Flash! 🚀 - SHIB whales are pushing for Shiba Inu to hit $0.1, but the spotlight is on WallitIQ, an AI-driven DeFi wallet in presale. Investors are flocking to secure WallitIQ tokens, anticipating an 8,000x rally! - WallitIQ offers 24/7 support, low gas fees, and a “Scan and Pay QR” system. Early investors can buy tokens at $0.0171 and enjoy perks like 180% APR and airdrops. - Shiba Inu has seen a 32% rise this month but struggles to regain its peak momentum. 💬 What do you think about WallitIQ's potential? Share your thoughts below!

**Ethereum Validators Surge Over 30% in a Year** Ethereum is seeing a boom in validators, with numbers jumping over 30% in the past year. As of June 2024, Ethereum boasts over one million validators, up from 824,300 in September 2023, according to Flipside Crypto. **Key Drivers:** - **Institutional Interest:** Institutions are diving into Ethereum, driven by advancements in restaking and liquid staking. - **Liquid Staking:** Offers immediate liquidity and capital efficiency, attracting more participants. **Staked Ether Growth:** - **Shanghai Upgrade:** Enabled unstaking for the first time since Ethereum's transition to Proof-of-Stake. - **Ethereum ETFs:** Boosted interest, pushing staked Ether past 34.7 million. **Polygon Joins the Trend:** - **Staking Activities:** Polygon’s staking wallets grew by 36.4% over the past year, though validator numbers remained stable due to a cap. This cross-chain growth indicates a robust interest in staking, despite potential for reduced returns.

🚀 **Crypto News Flash!** 🚀 Investors are pivoting to a new AI-driven cryptocurrency, spurring a sell-off in established tokens like Solana (SOL) and Uniswap (UNI). Could this new coin be the next big thing? Dive into the factors behind this trend and discover which cryptocurrencies are poised for significant growth. **CYBRO: The Game-Changer** - CYBRO is revolutionizing DeFi with AI solutions on the Blast blockchain. - Already raised $3M in presale, with experts predicting 1200% growth. - Offers 10% staking rewards, airdrops, and reduced trading fees. **Solana & Uniswap: The Old Guards** - Solana: Scalable foundation for decentralized apps, but facing competition. - Uniswap: Empowers users with governance and decentralized trading. 💬 What do you think? Is CYBRO the future? Comment below!

Traders Bet On Dogecoin Price If Trump Wins The Elections Traders are betting that the price of DOGE will surge higher if Donald Trump wins the U.S. presidential elections. In the past, DOGE has been mainly driven by meme hype, but this time, it is more likely to be influenced by real-world events such as the Elections. The shift in sentiment marks a notable change in Dogecoin’s market dynamics, reflecting the cryptocurrency space’s maturing beyond speculation and fun. The recent spike in Dogecoin price was accompanied by a 30% surge in open interest (OI) over the last 24 hours. The simultaneous increase in OI and price suggests traders are entering Long positions on Dogecoin. This is further confirmed by the Coinglass Liquidation Map, which shows over $64 million worth of Longs, compared to $13.61 million in Shorts over the past 24 hours. This imbalance signals that bullish sentiment is dominating the Dogecoin market since traders anticipate the price will rise higher in the future. Follow Us Like Share Comment Repost

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🐳 $BTC CEO #CryptoQuant : New whale wallets now hold 1.97M Bitcoin! Each has over 1K BTC, average coin age under 155 days, excluding exchange and miner wallets, likely custodial. Their BTC balance surged 813% YTD, taking up 9.3% of the total supply, valued at $132B today. {future}(BTCUSDT)

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💥💥 Kamala Harris Falls Short on Crypto Policy During Pennsylvania Campaign 🙆🙆 On Monday, U.S. Vice President and Democratic presidential candidate Kamala Harris campaigned in Pennsylvania, with many expecting her to unveil her stance on cryptocurrency regulation. Pre-speech materials indicated that Harris planned to support a regulatory framework for digital assets. However, to the disappointment of many, her speech focused solely on promoting an "opportunity economy" without directly addressing cryptocurrencies or blockchain technology. Harris’ Missed Opportunity to Engage the Crypto Community Earlier in the day, Harris’ campaign revealed a broad opportunity economy agenda, with a nod toward policy on digital assets. Yet, her speech fell short of delivering any concrete details about cryptocurrency or blockchain—terms she had referenced in the past. Instead, she emphasized a future where everyone can "compete and have a real opportunity not just to make ends meet, but to save money." The lack of a substantive mention of cryptocurrency regulation left many in the crypto space feeling let down. Aiming to Appeal to African-American Voters According to a campaign press release, Harris' opportunity economy plan seeks to expand her support among African-American men. The statement noted that over 20% of African Americans currently own or have owned cryptocurrency. Her plan, it claimed, would provide a regulatory framework that protects these investors and ensures they benefit from digital assets. The release reiterated that Harris recognizes the potential of new technologies, including blockchain, to broaden access to financial services. However, this policy framework was not elaborated upon in her Pennsylvania speech, raising concerns about the campaign’s commitment to meaningful engagement with the cryptocurrency community. #BNSOL #GrayscaleConsiders35Cryptos #BTCBreaks66K #MemeCoinTrending #BTCUptober

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$ETH Ethereum has formed a bullish double bottom pattern and closed above it on the 4H chart Higher lows indicate increased buying pressure, suggesting potential for further upside If trend continues, we might see Ethereum push towards the resistance around $2,810🎯

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Bitcoin #Btc #Bitcoin $BTC

CryptoRand, a crypto market data aggregation and analysis platform, released the September global crypto app download rankings on October 16. Binance ranked first with 9.9 million downloads. It was followed by Bitget Wallet, Bybit, Bitget and OKX, with 5.8 million, 4.5 million, 2.9 million and 2.6 million downloads respectively. Trust Wallet and MetaMask also ranked high.

How to Make Money with Binance Simple Earn Are you looking to easily multiply your cryptocurrency portfolio? Look no further than Binance Simple Earn. This innovative platform offers a straightforward and hassle-free way to generate passive income from your digital assets. With Binance Simple Earn, you can effortlessly stake your cryptocurrencies and earn attractive interest rates without the complexities of traditional trading. How it Works: Choose Your Crypto: Select from a wide range of supported cryptocurrencies to stake. Lock Your Funds: Choose a flexible or fixed term for your stake. Earn Interest: Sit back and watch your balance grow as you earn interest on your staked crypto. Why Choose Binance Simple Earn? Simplicity: The user-friendly interface makes it easy for anyone to start earning. Security: Binance is a leading cryptocurrency exchange with robust security measures to protect your funds. Flexibility: Choose from various staking options to suit your needs. Variety: Stake a wide range of popular cryptocurrencies. Start Earning Today: Create a Binance Account: If you don't have one already, sign up for a Binance account. Deposit Your Crypto: Transfer your desired cryptocurrency to your Binance wallet. Choose Simple Earn: Select the "Simple Earn" option and start staking. Remember: The crypto market is volatile, and past performance is not indicative of future results. Always do your own research and invest wisely. #SimpleEarn #PassiveIncome #BNBAnalysis #BTC☀ #TrendingTopic $BNB @Binance_Research @Binance_Square_Official @Binance_Customer_Support @Binance_Labs @Binance_News @BinanceCIS @EliteDaily @Binance_Filipino @Binance_Indonesian @BinanceTurkish @BinanceMongolian @Binance_France @BinanceBurmese @EliteDaily {spot}(BNBUSDT) Join the crypto revolution and start earning with Binance Simple Earn today! Tag along to learn about other opportunities to grow your portfolio on BINANCE!

🚀 **Breaking Crypto News!** 🚀 MoonPay partners with Ripple to enable direct XRP purchases! 🤑 - As of Oct. 16, MoonPay users can now buy, manage, and store XRP directly within their accounts. - XRP joins other big names like BTC, ETH, and USDT on the platform. - Users can buy crypto using credit cards, Apple Pay, Google Pay, and PayPal in supported regions. - This partnership follows Ripple naming MoonPay as an exchange partner for its upcoming stablecoin RLUSD. - MoonPay recently secured AUSTRAC approval, expanding its services in Australia. What do you think about this partnership? Share your thoughts below! 👇

$MLN is demonstrating strong bullish behavior today, with Enzyme gaining upward momentum after confirming support at $13. This signals the potential start of a major rally, with the next target of $27.80 becoming increasingly achievable, driven by the growing success of $ZRO . The previous rally showed us 140% gains.

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