Dogecoin Shorts Rekt as Meme Coin Price Pumps Again
Futures traders are getting wiped out as the O.G. meme coin in the space, Dogecoin, continues to rocket off of the latest Bitcoin surge.
The price of Dogecoin (DOGE) jumped to a price of nearly $0.42 early Tuesday afternoon as Bitcoin notched a new all-time high mark, following several days of middling markets action for the top dog-coin. It has since fallen again to about $0.39, marking another up-and-down day for the famously volatile coin.
As a result, traders betting on the future price of
Catholic Church-Inspired Meme Coin Luce Blesses Traders With Righteous Gains
Luce (LUCE), a Solana meme coin inspired by the cartoon mascot of the upcoming Catholic Holy Year, jumped in price Tuesday after a futures listing on major exchange, Bybit. It continued a hot streak for the token, which was minted just three weeks ago.
The coin, which is up 13% over the past 24 hours at a current price above $0.23, is now available to trade with up to 12.5x leverage in Bybit’s “Innovation Zone”—a designated section for coins that are inherently more risky and volatile, and come
The Daily: Trump nominates pro-bitcoin Lutnick for Commerce Secretary, Metaplanet shares jump 15%...
Happy Tuesday! In today's newsletter, Donald Trump nominates bitcoin-backer Howard Lutnick to lead the U.S. Department of Commerce rather than the Treasury, Metaplanet shares jump 15% after its latest bitcoin acquisition, Securitize introduces a new way to get DeFi liquidity from real-world assets and more.
Meanwhile, Wall Street giants are loading up on MicroStrategy shares as MSTR outperforms bitcoin year-to-date.
Plus, competing AI agent tokens within the ai16z community spur debate as pric
Paxos to Acquire Membrane Finance in Strategic Move to Make USD-Backed Stablecoins MiCA Compliant
Paxos, a regulated financial institution and provider of tokenized products has announced an agreement in principle to acquire Membrane Finance, a blockchain infrastructure company, subject to regulatory approval.
With this acquisition, Paxos is looking to ensure its USD-backed stablecoins remain compliant with the new Markets in Crypto-Assets (MiCA) regulations in the European Union.
MiCA regulations impose stringent requirements on stablecoin issuers, including capital adequacy, reserve tran
Video-sharing platform Rumble (RUM) is moving higher during afternoon U.S. trading hours on Tuesday after CEO Chris Pavlovski suggested an interest in adopting a bitcoin (BTC) treasury strategy.
"Should Rumble add Bitcoin to its balance sheet," asked Pavlovski on X.
By itself, the question might have been considered little more than a playful tease, but it quickly drew a response from MicroStrategy's (MSTR) Michael Saylor, who pioneered corporate bitcoin adoption.
Today I had an impromptu meeting that lasted more than two hours
Today I had an impromptu meeting that lasted more than two hours, missing BTC's new high again, and also missing today's URPD data. After the new high, the data model has changed again, and I have to redo a set.
Yesterday, the main topic was the retreat of FOMO sentiment among American investors. Even during the closing of the U.S. stock market early this morning, we could see #BTC nearly falling back to $90,000, but unexpectedly, Asian and European investors continued to FOMO. Even after the U.S. stock market opened today, $MSTR surged, while $COIN was down at the opening. Only MSTR and its CopyCat were up.
NBA star Shaq agrees to pay $11 million to settle long simmering class action lawsuit over promot...
Basketball star Shaquille O’Neal has agreed to pay $11 million to settle charges in a class action suit related to the Astrals NFT project he promoted, according to a filing on Monday. The plaintiffs accused Shaq of peddling unregistered securities.
O’Neal’s settlement is the latest in a growing list of celebrities who’ve faced legal troubles for promoting dubious crypto projects.
Although the sports icon and TV commentator attempted several times to dismiss the case, filed in a Florida distr
Spot Bitcoin ETF options trading goes live: What traders need to know
Options trading on spot Bitcoin exchange-traded funds officially went live Tuesday, with BlackRock's iShares Bitcoin Trust (ticker IBIT) kicking things off.
"With the approval of options on Bitcoin ETFs, we’re not just seeing the maturation of the crypto ETF market — we're watching Bitcoin cement its place alongside stocks, bonds, and commodities as a mainstream institutional investment,” Nathan McCauley, CEO and Co-Founder of Anchorage Digital, said in a statement shared with The Block.
Cryptocurrency Academy: 11.20 Ethereum MACD Death Cross Risk Intensifies, Box Fluctuation Continues, Future Trends Are Hidden! Latest Market Analysis Reference
Don't forget, the darkest moment is often just before dawn. On the road to pursuing your dreams, you are never alone; you still have me.
I am a warrior in the cryptocurrency field always protecting the investors. I wish my fans achieve financial freedom in 2024. Let's work hard together!
Cryptocurrency Academy: Latest Ethereum (ETH) Market Analysis Reference on 2024.11.20
Ethereum's current price is 3138. It is now 2:30 AM Beijing time. I did not write about Ethereum yesterday, and fans asked, so I provided the current price range thinking. With 3140 as the balance point, if it breaks, go short. A quick gain of 50 points can be taken with a stop loss of 15 points. Before the publication, the daily K-line reached a high of 3224 and a low of 3076. Currently, it is closing with a bearish candle. If it does not break the opening price of 3210 at 8 AM, there is a high probability it will continue to go short, and the hope for a rebound is extinguished. Everyone can use the previous high as a directional selection point.
Ethereum Giants Formerly Known as MakerDAO and DAI Now on Solana
The Solana decentralized ecosystem (DeFi) is growing: Sky—formerly known as MakerDAO—has put its new stablecoin on the crypto network.
According to Sky, the token, USDS, will be the DeFi-native stablecoin on Solana.
Sky’s USDS stablecoin was launched in September. Sky runs on Ethereum and is one of the oldest DeFi projects in the space. USDS replaced DAI, the long-running Ethereum stablecoin; DAI holders were able to upgrade to USDS as of September.
Ethena Sees $1B Inflows as Crypto Rally Brings Back Double-Digit Yields
As crypto markets rocketed higher since Trump's election victory, Ethena's yield-bearing token is back in vogue with investors.
The project's USDe token attracted around $1 billion in new capital over the past month, climbing to a market capitalization of $3.44 billion, according to DefiLlama data. Now, it's only 5% below its record value of $3.6 billion in July.
Ethena faced headwinds as crypto markets cooled off from their March peak. USDe is marketed as a "synthetic dollar" with its price a
Bitcoin Reaches $93,975, Setting a New All-Time High
The top cryptocurrency gained 3.3% against the U.S. dollar in the past day and climbed 7.5% this week. With a towering market cap of $1.86 trillion, bitcoin continues to command attention in the ever-evolving world of digital finance.
Five minutes after this post published, bitcoin (BTC) crossed over the $94,000 range.
The day’s price leap coincided with bustling trading activity, with $84.79 billion in bitcoin exchanging hands in just 24 hours. The wild price swings also triggered a wave of l
Crypto Circle Academician: 11.20 Bitcoin Overbought Zone Alarm Rings, Ascending Triangle Flag Pattern Breaks, How Should Retail Investors Respond? Latest Market Analysis Reference
The essence of trading is survival, followed by profit. Therefore, before each operation, think carefully about whether your operation is reasonable and whether your capital is safe. You need to form a set of trading ideas that belong to you and continuously optimize and improve them. The Academician's suggestions may not make you rich overnight, but they can keep you going. Only those who survive in the crypto circle for the long term and persist until the end can achieve the results they desire. I hope you can understand this.
I am the Crypto Circle Academician, a warrior who always protects the retail investors. I wish my fans achieve financial freedom in 2024. Let's work hard together!
Four contenders emerge for SEC chair role as Trump weighs pivotal crypto regulator pick, with Ste...
Speculation continues to mount over who will be the next chair of the U.S. Securities and Exchange Commission, a decision that could significantly shape the future of digital asset regulation.
According to multiple news reports, four names have consistently been on the list: former SEC Commissioner and Robinhood Chief Legal Officer Dan Gallagher, former SEC Commissioner Paul Atkins, partner at Willkie Farr & Gallagher Robert Stebbins and partner at Paul Hastings Brad Bondi. Other names have als
Trader 2Gc2 bought $83K of URO ‘Urothilin-A’ and $66K of RIF ‘Rifampicin’ 2 days ago - DeSci tokens representing two chemicals used by scientists to try and extend lifespans.
After moving the tokens to new wallets, his holdings hit a peak value of $6.0M - currently $3.4M.
Bitcoin Makes New All-Time High of $93,750 as ETF Options Go Live
Bitcoin (BTC) made new highs on Tuesday as Wall Street rolled out its latest product, almost guaranteed to increase the exposure of the digital currency among financial institutions: options trading on spot bitcoin exchange-traded funds (ETFs).
At press time, the top crypto was trading above $93,750, up more than 3% in the last 24 hours. This breaks its previous record of $93,450, set on Nov. 13.
Meanwhile, the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization exce
Bitcoin, Tether Bull Howard Lutnick Is Trump's Pick for Commerce Chief—Not Treasury
Donald Trump has selected Wall Street billionaire and Bitcoin bull Howard Lutnick to serve as his Commerce Secretary, reports the Wall Street Journal. By doing so, Trump has rejected the investor’s reported push to run the Treasury Department, a position with far greater sway over the U.S. economy.
Running the Department of Commerce is certainly no small prize for Lutnick, who is currently co-chairing Trump’s transition team. As Commerce chief—if confirmed by the U.S. Senate—Lutnick would handl
Analyst Chen Shu: Midnight November 20th Bitcoin, Ethereum market strategy *No. 2, short-term strength again, if the pullback does not break the position, continue to go long and bullish.
Analyst Chen Shu: Midnight November 20th Bitcoin, Ethereum market strategy *No. 2, short-term strength again, if the pullback does not break the position, continue to go long and bullish.
On November 19th afternoon analysis provided long and short strategy ideas, Bitcoin gave a long order at 9.03 and a short order at the 9.2 line, Ethereum provided a strategy in the range of 3050-3200. Currently, Bitcoin is maintaining a strong high-level oscillation, and how to operate as it is about to break through new highs is detailed in the following analysis.
From the daily chart of Bitcoin, today it closed with a solid bullish candle, the price continues to extend the bullish trend along the MA5-day moving average; looking at the 4-hour chart, although it has maintained a narrow high-level oscillation in recent days, the price has always remained above the 4-hour MA30-day moving average. Since the beginning of this round of rise, it has not broken this line, so the overall trend still maintains a bullish trend. Although there has been no significant increase in K-line during the day, the price continues to test the high point of 9.3 upwards. Before breaking this line, treat it as a long position on pullbacks.
11.20 Zhang Lihui: Bitcoin has broken new highs as expected, can Ethereum still rally? Where to focus on entry positions today? Today's latest Ethereum (ETH) market analysis reference!
11.20 Zhang Lihui: Ethereum market analysis and trading suggestions:
After publishing the article early yesterday morning, the market quickly reached the long position range of 3110-3130, triggering a rapid rise to above 3200. The space is visible to everyone, and it was mentioned that if 3235-3245 does not break, a short position could be taken. The market rose quickly and fell quickly, and many friends in the cryptocurrency community likely missed out while asleep.
Continuing to look at the market, just now Bitcoin has once again surged to a new high; in the hourly chart of Ethereum, the upper band of the Bollinger Bands is rising, and the K-line retracted to EMA300 and the lower band range last night, forming a rebound again. Currently, the K-line is pushing up towards the MA30 and upper band range. As mentioned yesterday, MA180 and MA220 still cannot act as resistance points, so today's high point pressure will be on whether the position at 3230 can break through; MACD has formed below the 0-axis, with DIF and DEA converging again, potentially forming a golden cross. Thus, there may be a small burst for long positions or a supplementary rally; the strategy remains to enter long on retracements.