đž Adoption Alert: $DOGS Gaining Ground as Payment Method đž
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$DOGS is making significant strides in adoption, with more businesses starting to accept it as a form of payment. This growing acceptance is increasing the token's utility and driving up demand. From online retailers to service providers, $DOGS is becoming a preferred option for transactions, reflecting its rising popularity and trust within the crypto community.
As $DOGS continues to be integrated into various payment systems, its role in the digital economy is expanding, making it more than just a memecoin. This surge in adoption is not only boosting its market value but also solidifying its place in the broader cryptocurrency ecosystem.
Watch as $DOGS continues to break new ground in the world of digital payments! đ
#DOGS #CryptoAdoption #DigitalPayments
From $49K to $60K: The institutional confidence driving Bitcoin's next big move #CryptoMarketMoves #Btctopcrypto
Despite trading sideways to wrap up August, Bitcoin investors are optimistic for a solid back half of 2024.
Scott Melker, host of The Wolf of All Streets podcast, discussed Bitcoin's recent price action with Austin Arnold from Altcoin Daily. As Bitcoin bounced back from a dip below $50,000 to climb above $60,000, the conversation turned to what might be next for the leading cryptocurrency.
$BTC
Arnold emphasized the importance of strong fundamentals, particularly the large inflows into Bitcoin ETFs from institutions like BlackRock and Fidelity. "These institutions are accumulating Bitcoin for the long run," Arnold noted, highlighting their focus on long-term value rather than short-term price fluctuations.
#TipCreator
He also addressed the recent dip to $49,000, explaining it was mostly due to the Japan yen carry trade, which drained liquidity from the markets. Despite this, Arnold observed, "Institutions werenât scared of the dip; they bought more during the dip," signaling their continued confidence in Bitcoin's future.
#tipmeifyoubenifited
Looking ahead, Arnold shared his optimism, particularly regarding the upcoming Federal Reserve meeting. "I think weâll see a little buy the rumor into that event and then sell the news," he said, suggesting that markets might rise if rate cuts are larger than expected.
Arnold believes the combination of Bitcoinâs recent halving and increasing institutional demand will likely push prices higher over time. While the short-term is fairly unpredictable, he remains bullish.
Bitcoin has advanced more than 30% on the year, compared to a near 20% rise in the S&P 500 over the same time period.
{future}(BTCUSDT)
#TipCreator
BTC dived to the 58k zone, is it now bearish?
After consolidating for some time along 63k-64k, BTC dived to 60k then to the 58k zone just a few hours ago. Im sure the bear team are all excited, however the KDJ oscillator in all short term time frames is still saying that the selling pressure is weak.
If the selling volume is weak, then why is the price down? Well this usually happens when someone holding a huge stack of BTC sells at market price.
When someone sells at market price, the system will immediately settle all available sell orders. So we see price drops like crazy, and then eventually recovers. Yup in this case price will most likely bounce back to where it left off.
I hope I'm still making sense. đ It's hard to explain when you just woke up and you're feeling tired and sleepy.
Back to BTC, if you'd like to jump in, we have a good KDJ support at 59.1k. If you're trading in spot, you may start DCA at 59.1k. If in futures, wait for the candles to consolidate, don't catch falling knives please, then long at 58.2k or somewhere below it.
FOLLOW for more.
By the way, if you're still looking for a safe, lowcap token please checkout PITBULL
đ Investor Sentiment: A Mix of Optimism and Caution in $DOGS Community đ
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Sentiment analysis within the $DOGS investor community reveals a blend of optimism and caution. While many investors are excited about $DOGS' rapid growth and viral appeal, thereâs a sense of caution as well, driven by the token's price volatility and the inherent risks associated with meme coins.
Optimists are bullish on $DOGS, believing in its potential for high returns and continued popularity on social media platforms. On the flip side, cautious investors are mindful of the market's unpredictability, weighing the high-reward potential against the high-risk nature of the investment.
This balanced sentiment highlights the dynamic environment $DOGS operates in, where enthusiasm meets prudence.
Stay tuned to community sentiment as $DOGS continues to make headlines! đ§ #DOGS #InvestorSentiment #CryptoInvesting
đMarket Cap Update: $DOGS in the Spotlightđ
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$DOGS has experienced notable fluctuations in its market cap, reflecting its dynamic and rapidly evolving presence in the crypto market. Recently, $DOGS reached a market cap of approximately $630 million, securing its place among the top meme coin. However, like many emerging tokens, its market cap has been subject to volatility, mirroring the broader market's movements and investor sentiment.
These shifts underscore $DOGSâ potential as a high-reward investment but also highlight the inherent risks associated with its volatility. For investors, staying informed about these changes is crucial as $DOGS continues to carve out its niche in the crypto space.
Keep an eye on $DOGS' market cap trends to navigate the opportunities and risks effectively! đ
#DOGS #CryptoMarketCap #MarketTrends
The price of bitcoin was last lower by 6.2% at $59,504.68, according to Coin Metrics. Ether tumbled more than 8% to $2,457.61.
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Crypto markets moved down sharply, triggering a leverage driven liquidation," said Steven Lubka, head of private clients and family offices at Swan Bitcoin. "The move appears to have been kicked off by a material drop by Ethereum, which has been struggling all year versus bitcoin.
According to CoinGlass, the futures market has seen $93.52 million in long ether liquidations, which forces traders to sell their assets at market price to settle their debts, across centralized exchanges. Some $85.93 million in bitcoin liquidations have occurred.
August, a typically quiet month for crypto and risk assets at large, has been particularly volatile this year. However, cryptocurrencies aren't strangers to big pullbacks in bull markets. Bitcoin is still safely in the range its been sitting in since April â between $55,000 and $70,000.
Trump has positioned himself as the pro-crypto candidate in the upcoming U.S. presidential election. Vice President Kamala Harris, the Democratic candidate, has yet to share a public view on the industry.
#DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #EaglesFam
đ Sony Launches Public Testnet for Soneium Blockchain đ
$BTC $FIL $SHIB đ‎ïžđȘ
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{spot}(BTCUSDT)
Sony is making a significant move into Web3 with the launch of the first public testnet for its Soneium blockchain! đ
Here's what this means:
- *Dual Initiative*: Sony is launching two initiatives - a public testnet and a developer program - to drive growth and adoption in the Web3 ecosystem.
- *Soneium Blockchain*: Sony's blockchain platform aims to leverage its expertise in entertainment, gaming, and consumer electronics to create new experiences and business models.
- *Global Reach*: With Sony's vast global reach, this initiative has the potential to accelerate Web3 adoption and drive ecosystem growth.
- *Developer Program*: The developer program will provide resources and support for developers to build on the Soneium blockchain, fostering innovation and creativity.
- *Web3 Entry*: This marks Sony's entry into the Web3 space, demonstrating its commitment to exploring new technologies and innovating in the industry.
Stay tuned for more updates on Sony's Web3 journey! đ±đ»
**WIFUSDT Analysis and Price Prediction**
- **Current Price**: 1.5523 USDT
- **Percentage Change**: -13.78%
### Technical Analysis:
1. **Exponential Moving Averages (EMA)**:
- **EMA (7)**: 1.5861
- **EMA (25)**: 1.6760
- **EMA (99)**: 1.7603
The price is currently below the 7-day, 25-day, and 99-day EMAs, indicating a strong bearish trend. The distance between these EMAs suggests an accelerating downward momentum.
2. **Relative Strength Index (RSI)**:
- **RSI (6)**: 19.96
The RSI is in the oversold zone, which might indicate that the asset is undervalued in the short term and could see a corrective bounce.
3. **MACD**:
- **DIF**: -0.0614
- **DEA**: -0.0501
- **MACD**: -0.0113
The MACD shows a bearish crossover, with the DIF line below the DEA line. This suggests that the selling pressure is strong, but the low MACD values indicate that the market might be nearing a potential bottom.
4. **Stochastic RSI**:
- **Stoch RSI**: 14.68
- **MA Stoch RSI**: 9.35
The Stochastic RSI is also in the oversold region, reinforcing the potential for a short-term reversal or consolidation before continuing the downward trend.
### Price Prediction:
Given the significant bearish indicators, the price could continue its downward trend toward the next support level around 1.4404 USDT. However, due to the oversold conditions shown by the RSI and Stochastic RSI, a minor bounce to around 1.60 USDT is possible before further declines.
**Prediction**: A brief rebound to 1.60 USDT followed by a potential drop to 1.44 USDT if bearish momentum continues.
#WIF #BinanceEarn
#ALTS MARKET CAP ANALYSIS
The ALTS market cap is currently consolidating within a symmetrical triangle, indicating a period of indecision and potential for a significant move once a breakout or breakdown occurs.
The Ichimoku Cloud is serving as a key resistance barrier, with price action repeatedly facing rejection from its upper boundary.
This resistance adds to the uncertainty, suggesting that a decisive move above the cloud could signal a bullish breakout, while a breakdown below the triangle could confirm a bearish trend.
Traders should closely monitor for a clear breakout or breakdown, accompanied by strong volume, to confirm the next direction for the ALTS market cap.
In the world of trading, a đđČđźđż đđżđźđœ can catch even the most seasoned traders off guard. Imagine this: The market looks like it's about to dive, with prices seemingly on a downward spiral. Sellers jump in, thinking they're ahead of the curve. But thenâsurprise! The market flips, leaving those who bet against it scrambling.
Watch out for these bear trap clues:
1. False alarms: Prices dip below key support levels, making it seem like the bears are in control. But, just as quickly, the market rebounds, flipping the script.
2. Caught off guard: Short sellers find themselves in a tough spot as prices reverse. Their panic buying to cover positions fuels the sudden rally.
3. Volume tells the story: Pay attention to volume spikes during a dip. High volume with a quick reversal often signals a bear trap in action, as eager buyers step in.
Stay sharp and donât get caught in the trap! Remember, the marketâs full of surprises.
#Write2Earn! #TraderRai #CryptoMarketMoves #LowestCPI2021 #SahmRule $BTC $BNB $ETH
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{spot}(BNBUSDT)
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**BTC/USDT Analysis and Price Prediction**
- **Current Price**: 59,395.01 USDT
- **Percentage Change**: -6.00%
### Technical Analysis:
1. **Moving Averages (MA)**:
- **MA (5)**: 2,606.06291
- **MA (10)**: 1,905.92073
The short-term moving averages indicate a significant downward momentum, with the price dropping below both the 5-day and 10-day MAs, suggesting a bearish trend.
2. **Relative Strength Index (RSI)**:
- **RSI (6)**: 20.25
The RSI is currently in the oversold territory, indicating that the selling pressure may be overextended. This could potentially lead to a short-term bounce or consolidation.
3. **MACD**:
- **DIF**: -960.64
- **DEA**: -716.17
- **MACD**: -244.47
The MACD values are deep in the negative zone, confirming the bearish trend. The divergence between the MACD line and the signal line indicates strong downward momentum.
4. **Stochastic RSI**:
- **Stoch RSI**: 17.45
- **MA Stoch RSI**: 8.67
The Stochastic RSI is also in the oversold region, further reinforcing the likelihood of a near-term bounce or sideways movement.
### Price Prediction:
Given the current bearish momentum and oversold indicators, the price may stabilize around the support level of 58,034.01 USDT. If this level holds, we might see a slight recovery towards the 60,000 USDT range. However, if the support fails, the next potential downside target could be around 57,685.71 USDT.
**Prediction**: A short-term bounce to 60,000 USDT followed by a possible retest of the 58,000 USDT level.
#USDstrength
{future}(USDCUSDT)
Skyâs New USDS Stablecoin: The Controversial Freeze Feature and Its Impact on DAIâs Decentralized Ethos
âą Maker, now rebranded as Sky, has introduced a new version of its prominent stablecoin, DAI, known as USDS.
⹠The introduction of a remote freeze feature has raised eyebrows among the  crypto community, sparking debates about decentralization.
âą Rune Christensen, co-founder of MakerDAO, emphasized that the freeze function is an optional feature and wonât be activated at launch.
This article explores the implications of MakerDAOâs newly announced USDS stablecoin and the controversies surrounding its centralized features.
Understanding the Controversy: The Remotely Freezable USDS
As one of the largest decentralized finance (DeFi) projects, MakerDAOâs transition to Sky and the unveiling of USDS is a major development in the crypto landscape. With a market cap of around $5 billion, this new stablecoin aims to retain the intrinsic benefits of stability while addressing regulatory concerns. However, the introduction of a code feature that allows asset freezing has unsettled users who value cryptoâs decentralized roots. Unlike its predecessor, DAI, which operates under immutable rules, USDS introduces provisions that traditional  cryptocurrency advocates view as retrogressive.
Regulatory Compliance vs. Decentralization: A Balancing Act
One of the key arguments in favor of the freeze function is its potential to facilitate compliance with legal frameworks, particularly when a stablecoin is partially backed by U.S. Treasuries. Rune Christensen has made it clear that the freeze feature will not be activated upon launch, allowing existing DAI users to decide whether or not they want to migrate to USDS. Critically, Christensen noted that âDai is an immutable smart contract and cannot be altered,â reinforcing the unchanging nature of the original stablecoin. Nonetheless, the option for a centralized control mechanism has led some DeFi proponents to express reservations about the future of USDS.
#Bitcoin Traders Hit by Liquidations: Is There a Bigger Story Behind the Sell-Off?
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đ1-12) Our August 22 report, "Bitcoin Traders Eye a Tactical Rally as US Election Polls Shift," precisely forecasted the market's movements. We accurately predicted the breakout from the symmetrical triangle at $59,000, leading to our target of $65,000. This reaffirmed our view that the rally was tactical, and $65,000 was critical to book profits.
đ2-12) As anticipated, the FOMC minutes and Powell's dovish stance fueled the rally, with the potential for a short squeeze pushing Bitcoin higher. However, despite the +10% surge we predicted, these gains have now fully reversed, with significant risks emerging as we approach September.
đ3-12) See the full report:
https://mail.10xresearch.co/p/bitcoin-traders-hit-liquidations-bigger-story-behind-selloff
Bitcoin briefly fell to a low of $58,034, a 24-hour drop of 6.5%. Ethereum hit a low of $2,392, a 24-hour drop of 9.4%. In the past 24 hours, the entire network has liquidated $313 million, of which long orders have liquidated $282 million and short orders have liquidated $31.36 million.
đ $DOGS Token Expands with New Partnerships!
The $DOGS token is making waves with its recent partnership announcements, aimed at boosting its ecosystem and utility. Following its successful listing on major platforms like Binance, OKX, and others, $DOGS is now collaborating with various blockchain projects to enhance its integration and user experience.
These partnerships will see $DOGS leverage its presence in the Telegram-native community, working closely with other blockchain projects to build innovative features and expand its ecosystem. With a strong focus on community-driven growth, these collaborations are expected to increase $DOGS adoption and cement its position in the market.
This strategic move aligns perfectly with $DOGS' ongoing campaigns, including the "Earn DOGS Together" initiative on OKX, which features a massive 1 billion DOGS reward pool. As the token continues to attract attention, these partnerships are likely to drive even greater engagement and utility across the $DOGS ecosystem.
Stay tuned for more updates as $DOGS continues to grow and innovate within the crypto space! đâš
#Crypto #DOGS #Blockchain #Partnerships #CryptoNews
Bitcoin is trading sideways near the resistance area, with the price not breaking above $65,000. If it breaks above $65,000, it will likely move towards the $69,000-$70,000 resistance area. However, if there is a rejection from this level, the price could drop back to below $62,000.
**PolitiFi Tokens Surge in 2024**
Political Finance or "PolitiFi" tokens have been the standout performers in the memecoin sector this year. According to CoinGecko, the market cap for PolitiFi tokens, including MAGA (TRUMP) and ConstitutionDAO (PEOPLE), has skyrocketed by 667% in 2024, reaching $592.4 million as of August 27.
- **Market Cap Growth**: PolitiFi tokens saw a seven-fold increase from the start of the year, dwarfing the broader memecoin category, which grew by just 73%.
- **Top Performers**: ConstitutionDAO (PEOPLE) leads with a $334.6 million market cap, followed by MAGA (TRUMP) at $149.7 million.
- **Political Impact**: CoinGecko's Shaun Paul Lee notes that PolitiFi token prices are closely tied to political events. For instance, MAGA surged 80% after Trump's Iowa caucus win and 41% following an assassination attempt.
**Trump's New NFT Collection**
Meanwhile, Donald Trump has launched the "America First Collection," his largest NFT set to date with 360,000 potential NFTs. These NFTs, minted on Polygon, offer perks like dinner with Trump or a piece of his debate suit.
- **Perks**: Buy 15 cards for a suit piece or 75 for a gala dinner with Trump.
- **Licensing**: Created by NFT INL LCC, the collection uses Trump's likeness under a paid license, with no funds going to his presidential campaign.
Stay tuned for more updates on the dynamic world of PolitiFi tokens and Trump's latest ventures!
CĂĄc L2 ETH Äang cháșĄy nÆ°á»c rĂșt cho giai ÄoáșĄn cuá»i 2024
Má»i ÄĂąy, Sony Group cĂŽng bá» phĂĄt triá»n L2 ETH tĂȘn Soneium vá»i sá»± há» trợ từ cĂĄc tay to Chainlink, Startale (Astar Network), Alchemy, Optimism - Link
=> Dá»± kiáșżn báșŁn testnet sáșœ ÄÆ°á»Łc ra máșŻt trong Q4
Theo roadmap ÄÆ°á»Łc cĂŽng bá», báșŁn nĂąng cáș„p Ethereum - Pectra dá»± kiáșżn mainnet vĂ o Äáș§u 2025.
=> Theo lá»ch sá» ÄÆ°á»ng giĂĄ, Optimism ($OP) Äá»u pháșŁn ứng tá»t vá»i cĂĄc báșŁn nĂąng cáș„p trÆ°á»c ÄĂąy The Merge, Dencun - Link
Arbitrum Stylus dá»± kiáșżn mainnet trong thĂĄng 9, hiá»n táșĄi dĂČng tiá»n DeFi trĂȘn há» ARB Äang tÄng máșĄnh (ngÆ°á»Łc láșĄi vá»i ÄÆ°á»ng giĂĄ) - Link
Starknet triá»n khai staking STRK trong cuá»i nÄm 2024 - Link
CEO há» Base - Brain Armstrong "hint" link check Äiá»m onchain trĂȘn chain Base & ETH - LinkÂ
=> KháșŁ nÄng sáșœ cĂł hĂŹnh thức airdrop má»i cho ngÆ°á»i dĂčng há» thay tháșż cho viá»c ra máșŻt token máșĄng lÆ°á»i thÆ°á»ng tháș„y (do váș„n Äá» phĂĄp lĂœ Má»č)
Giai ÄoáșĄn cuá»i nÄm cĆ©ng thÆ°á»ng lĂ giai ÄoáșĄn tÄng trÆ°á»ng của thá» trÆ°á»ng, cĂčng cá» gáșŻng tá»n táșĄi nhĂ© ae!
#insight  #DYOR
Dogecoin ($DOGE ) price prediction for 2020, 2021, 2023, 2025,
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Dogecoin (DOGE) is a decentralised, peer-to-peer, open-source cryptocurrency derived from the Litecoin blockchain. Like most cryptocurrencies, Dogecoin is based on blockchain technology and functions on cryptographic principles using a proof-of-work algorithm.
When a new block is formed in the chain, two cryptographic keys are created: a public and a private key.
The public key allows users to view information about the block, while the private key provides access to the owner of the formed block.
How is Dogecoin (DOGE) different from other cryptos?
Although Dogecoin was derived from Litecoinâs blockchain, which was developed by modifying Bitcoinâs source code, DOGE varies a lot. Dogecoin shares most cryptocurrenciesâ common functional principles, such as complete network decentralisation, proof-of-work algorithm, and transaction processing methods.
Dogecoin has experienced both ups and downs at different times. The cryptocurrency does not boast many unique qualities, elements or technological solutions, and its last update took place back in 2015. Despite that, this cryptocurrency performs well and has a very welcoming and vibrant community, with Elon Musk as a top supporter.
Given that the cryptocurrency market constantly sees an influx of new participants, newcomersâ interest in Dogecoin is unlikely to wane. Letâs look to the future and analyse the probable scenarios of Dogecoinâs mid-term and long-term price prediction from cryptocurrency experts for 2020, 2021, 2025 and 2030.
#DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #EaglesFam
#DAO MakerDAO Rebrands to Sky with Major Updates to the DeFi Platform
According to an announcement made on August 27 by MakerDAO Co-Founder Rune Christensen, Sky is the next phase in the evolution of MakerDAO, and is scheduled for launch on September 18. This transition is apparently the result of over two years of development aimed at introducing new functionalities and improving user interaction within the decentralized finance (DeFi) ecosystem. Sky represents a significant update to the existing MakerDAO protocol, with changes that focus on enhancing accessibility, governance, and scalability.
At the heart of Sky are two newly introduced tokens, USDS and SKY. USDS is a stablecoin that users can convert from their existing DAI or USDC holdings on a one-to-one basis. This token will play a key role in the Sky ecosystem, facilitating various interactions within the platform. Meanwhile, SKY serves as the new governance token, replacing MKR. Holders of MKR will have the option to upgrade their tokens to SKY, thereby participating in the governance of the Sky ecosystem. The governance model remains decentralized, allowing users to influence decisions that shape the future of the protocol. #cryptupdates
A key component of Sky is the Sky.money platform, a decentralized application designed to be the primary gateway for users engaging with the Sky ecosystem. Sky.money simplifies the process of managing USDS and SKY tokens, providing a user-friendly interface that does not require extensive technical knowledge. This platform is intended to lower the barriers to entry for users, making decentralized finance more approachable and easier to navigate. Through Sky.money, users will be able to interact with the protocolâs various features and manage their assets within the ecosystem.
In addition to these updates, Sky introduces a new concept known as Stars. Stars are smaller, specialized ecosystems within the larger Sky framework, each focused on a particular area of decentralized finance.
{spot}(SOLUSDT)
Total Crypto Market 24H Liquidation (8/28/2024, 11:57 AM UTC+10)
đŽLONGS: $287.18M
đąSHORTS: $31.70M
A total of 87,558 traders got liquidated, resulting in total liquidations amounting to $318.87M. Notably, the largest single liquidation order, valued at $12.67M, occurred on Binance for #ETH/#BTC.