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Bccoin's latest movements are remarkable. The decline from the ATH (All Time High Level) of $ 30 to $ 0.58 and approaching $ 3 again can be considered as a significant return. The fact that 60% of the project's tokens were locked and 15 million were burned may have contributed to the decrease in supply and therefore the increase in price. Bccoin's listing on several exchanges and the prospect of a Mastercard deal are also creating excitement among investors. However, because the cryptocurrency market often has high volatility, it is important to be prepared for sudden changes in prices and evaluate your investment decisions carefully. In conclusion, although there are promising signs in the project, it is always best to do thorough research and consider the risks before investing. #bccoin #Mastercard #ATH
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📢 DRW Holdings announced that it holds $150 million worth of spot Ethereum ETF.
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Dogecoin (DOGE) Soars on Whale Activity and Increased Trading Volume. On August 13, blockchain transaction tracker Whale Alert detected a large Dogecoin transfer, indicating that a crypto whale moved 103.8 million DOGE worth approximately $11.2 million from the Bittrex exchange to an unknown wallet. This transaction occurred near the key support level of $0.100, after which the price of #DOGE increased by 1.5% in 24 hours to a high of $0.104. This event generated a lot of interest among investors and traders. In addition to this significant transaction, Dogecoin’s trading volume increased by 25%, indicating increased participation in the market. This increase in volume was accompanied by a 2% increase in Open Interest during the same period. These indicators reflect the growing confidence and interest in #DOGE from the trading community. Expert technical analysis offers a positive outlook for #Dogecoin as it has broken above the 200 Exponential Moving Average (EMA) on the weekly chart. Since April 2024, DOGE has been trading within an ascending channel pattern characterized by lower highs and lows. Following the market correction on August 5, DOGE is now approaching a critical resistance zone. Analysts predict that if this momentum is maintained, #DOGE could rise by 15% to $0.12. However, if this level cannot be maintained, significant selling pressure could occur. Current data from on-chain analytics firm CoinGlass shows critical liquidation levels for DOGE. It is stated that if the price of DOGE rises to $0.109, approximately $9.36 million of short positions could be liquidated. Conversely, if the price drops to $0.103, approximately $2.93 million of long positions could be at risk of liquidation. These levels are critical for traders who want to manage their positions effectively.
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This Japanese Company Made a New Bitcoin (BTC) Purchase! MetaPlanet, a Japanese-based investment company, announced that it purchased 57.1 Bitcoins (worth $3.38 million). MetaPlanet, which has gradually purchased BTC in previous periods, seems to aim to become Japan's MicroStrategy. Although this purchase attracted attention, the company's shares fell by 6% with the purchase announcement. It also seems that MetaPlanet's #BTC purchases are very small compared to MicroStrategy. According to the information shared, MetaPlanet purchased these products at an average of $59,237 per BTC. This BTC purchase has again made its mark in Japanese markets. According to MetaPlanet representatives, the board of directors allocated a loan of 1 billion yen ($6.8 million) to invest in the leading cryptocurrency. This amount is planned to be used entirely for the purpose of purchasing BTC. The last time the company added 20.38 Bitcoin to its portfolio was July 22, and the company currently has 303 #BTC on its balance sheet, worth approximately $20 million. MetaPlanet officials said they would continue to follow the long-term strategy of increasing the number of Bitcoins in the company and would wait for the right time to purchase BTC.
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🇺🇸US Monthly Producer Price Index (PPI) announced: •Announced: 0.1% •Expected: 0.2% •Previous: 0.2% 🚨 US Stock Exchanges Open; Dow Jones: +0.87% Nasdaq: +1.34% S&P 500: +0.44%
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