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Dogecoin (DOGE) Team Reveals Major Adoption Milestone
The Dogecoin (DOGE) team has revealed a huge adoption milestone for the meme coin. Using its official X account, it highlighted the rising utility of DOGE in recent times. This latest milestone shows that Dogecoin has a real purpose.Read more on U.Today https://u.today/dogecoin-doge-team-reveals-major-adoption-milestone
Crypto exchange Binance has announced it will no longer support four altcoins — BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastar (POLS). Effective July 22 at 03:00 UTC, it will delist these altcoins, causing a sharp drop in their market value.
Bitcoin Rainbow chart predicts BTC price for end of 2024
There has been no small amount of uncertainty surrounding Bitcoin (BTC) for approximately a month. After a significant climb in the initial months of 2024 and a new all-time high (ATH) just above $73,000 in March, the world’s premier cryptocurrency found itself in a strong downtrend in June and early July.
While the decline is widely considered to be at least partially driven by a convergence of events – including the German government’s plans to offload seized BTC and the long-awaited repayments by the collapsed crypto exchange Mt. Gox – the fact that Bitcoin has crashed through multiple support zones has left many investors wary.
Though BTC remains 32.44% in the green in the year-to-date (YTD) chart, it has fallen nearly 20% in the last 30 days of trading and is 23.09% below its yearly – and all-time – highs.
Bitcoin was set for its biggest weekly fall in more than a year on Friday, as traders fretted over the likely dumping of tokens from defunct Japanese exchange Mt Gox and further selling by leveraged players after the cryptocurrency’s strong run.
The price of the world’s largest cryptocurrency slid as much as eight per cent on the day to $53,523, its lowest since late February.
It was on track for a more than 12 per cent weekly decline, its biggest since Nov 2022.
Rival token Ether slid nine per cent to $2,841 to more than a two-month low.
Top 3 Meme Coins to Watch for 2000% Gains: Should You Buy Now? 3 cryptos are explored which are gaining attention in the markets: Toncoin, Hoppy, PawFury.
Each offers unique features: Toncoin - secure and fast network, Hoppy - internet culture connection, PawFury - play-to-earn with NFTs.
All have the potential for big returns, but remember crypto prices can be volatile.
It’s always good when you strike gold in the crypto markets! Investors are always on the hunt for tokens with substantial potential returns. With the promise of enormous gains, these opportunities are hard to overlook. What if the next big thing is right in front of you?
Bitcoin price aligns with past cycles despite correction concerns
There are ongoing debates about whether Bitcoin is now in a bear market or its bull market cycle has ended. However, a closer look at the data from the cycle-low during the FTX collapse, when BTC was around $15,500, shows that Bitcoin has since risen approximately 250%.
Interestingly, this aligns with the patterns of previous cycles. At a similar point in the 2015 to 2018 cycle, Bitcoin increased by 234%. Likewise, in the 2018 to 2022 cycle, Bitcoin was up about 240%. Both these cycles experienced stagnation during the next few months, only to see significant upward movement starting in Q4.
Historically, Bitcoin tends to struggle in the first three to six months following a halving event, which is consistent with current performance. Despite the recent correction, BTC’s trajectory remains on track with past cycles. This pattern suggests that the current market movements are part of a typical cycle rather than an indication of a definitive bear market.
Crypto: 41.5 Million Dogecoins Liquidated in a Flash!
A spectacular event recently rocked the crypto market: the liquidation of 41.5 million Dogecoin in just 24 hours. This massive liquidation surprised investors and sent a shockwave through the crypto ecosystem.
Shiba Inu Coin Price: Here’s What To Do As SHIB Bottoms
The meme coin hype is in jeopardy as major coins like SHIB, DOGE, and PEPE suffer setbacks in the first week of June. Shiba Inu Coin Price must defend $0.000015 support to prevent further losses toward $0.00001.
Binance Bans Airdrop Hunters After Lista Megadrop Fiasco, What’s Happening?
The Binance Megadrop announced Lista rewards in late May, which grabbed significant attention. However, the crypto exchange had to seize multiple airdrop hunters' accounts to limit fraudulent bagging of rewards.
Shock ETF Data Reveals Bitcoin Is Braced For A ‘True Correction’ After $300 Billion Crypto Price Crash
Bitcoin and crypto prices have fallen sharply this week, with the bitcoin price dropping to around the closely-watched $60,000 per bitcoin level—with traders asking if it's "time to panic" after the crypto market saw $300 billion evaporate.
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and "uncover blockchain blockbusters poised for 1,000% plus gains" in the aftermath of bitcoin's halving earthquake!
The bitcoin price, which has rocketed higher this year as former president Donald Trump stokes fears of a U.S. dollar collapse, has found a floor at just over $60,000 per bitcoin, helped by wild speculation another tech billionaire could be about to start buying bitcoin.
Bitcoin Ten-Year Prediction: Michael Saylor Hints at Price Boom Ahead
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
"As PEPE Token Price Dips, A Strong New Competitor Emerges"
Meme coin stalwart $PEPE has seen a relatively sharp decline in recent days, bleeding down close to 20% on the weekly chart. Still though, with an overall market cap of over 5 billion, it is a strong contender to overtake DOGE as the number 1 in the future. For now, its fate seems linked, if not directly tethered to the price action of Ethereum–which has also faltered this week.
Reasons Why Bitcoin Suddenly Dropped To $61k Price Region Bitcoin's recent drop to $61,000 price range raises concerns amidst ongoing market volatility and macroeconomic uncertainties. Analysts warn of potential further declines, raising concerns over the cryptocurrency's immediate future
Here’s when Bitcoin will hit ‘next major low’ before buy opportunity emerges
The market’s anticipation of a possible Bitcoin (BTC) rebound seems to have been dampened, considering that indicators suggest further downside in the coming days.
In line with this, trading expert Alan Santana projected in a TradingView post on June 23 that investors should expect a ‘major low’ for Bitcoin before experiencing any rebound.
Turning to the timing of the next major low, Santana based his speculation on historical patterns. The analyst observed that it took exactly 48 days for Bitcoin to establish a major low after the all-time high. Using this pattern, he predicted two potential dates for the next low: July 8, 2024, and July 25, 2024.
6.93 Billion Dogecoin (DOGE) in 24 Hours, Whales Are Finally Pushing Big Numbers
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Top 3 Meme Coins To Buy Targeting 10,000% Appreciation: The Youth’s Top Choices
Uncover the top three meme coins to buy for potentially high returns amidst a bearish trend in the crypto market including Dogwifhat (WIF), Floki (FLOKI), Dogelon Mars (ELON).
Binance CEO welcomes Standard Chartered move to launch Bitcoin trading desk
Binance CEO Richard Teng has welcomed Standard Chartered into the crypto industry after reports revealed that the banking giant was preparing to launch a spot trading desk for Bitcoin and Ethereum.
This move would make the bank one of the first major traditional financial institutions to offer direct trading services for the top digital assets and could provide competition for Binance’s dominance of the sector.
Binance is the largest crypto exchange by trading volume and has faced several regulatory challenges over the past years. According to Kaiko data, over 53% of BTC’s overall trading volume on centralized exchanges occurs on the platform.