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Showing posts from March, 2024

Did Elon Musk Sell 250 Million Dogecoin Worth $49.5 Million?

When large sums of Dogecoin (DOGE) change hands, the crypto world naturally speculates, especially when it involves Elon Musk. Recent reports of over 250 million DOGE moving in significant transactions have stirred up rumors, with many playfully suggesting Musk’s involvement. However, Musk has not confirmed any such purchase. Whale Alert, a service tracking major crypto transactions, flagged these transfers first. Among them, a standout was the transfer of 250 million DOGE, valued at around $49 million, from an unknown wallet to the Robinhood trading platform. Another substantial movement followed suit shortly after. Robinhood’s Role Prior to these transfers, Whale Alert noted two transactions involving Robinhood. One saw 250 million DOGE transferred from an undisclosed wallet, and another 83 million DOGE ended up in an unknown blockchain address. The presence of Robinhood, coupled with Musk’s fondness for Dogecoin, has intensified speculation. 250,000,000 #DOGE (49,49

Crypto Analyst Says Altcoin Markets Are Ready To Pop, Lays Out a Path for Bitcoin

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A widely followed crypto trader is analyzing the altcoin and crypto markets while plotting out Bitcoin’s (BTC) next move. Crypto analyst Michaël van de Poppe tells his 708,700 followers on the social media platform X that the altcoin markets, which include all tokens except for BTC and Ethereum (ETH), are prepping to reach for a new all-time high (ATH). “The total Altcoin market capitalization is eager for a continuation. This means that I’m expecting a correction to be happening, or at least consolidation, before a big surge towards the ATH.” Source: Michaël van de Poppe/X Looking at some specific altcoins, the analyst thinks Litecoin (LTC), Cosmos (ATOM) and Polkadot (DOT) are on their way up. “Litecoin moving up, and dino coins are following. Expecting the Ethereum ecosystem to do well, including ATOM and DOT.” Shifting to the overall crypto market cap, which includes altcoins as well as BTC and ETH, Van de Poppe says the markets may stall momentarily bef

R. Kiyosaki reveals why ‘Boomer retirements’ are going broke

Not long after his warning that the upcoming stock market crash would particularly victimize his generation, a popular investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ explained why the Boomer generation retirement s were going broke . As it happens, Robert Kiyosaki pointed out that “another giant bank in China went bust” and that the same was happening in the United States “as commercial real estate, specifically office buildings go bust,” according to the X post he published on March 29. BOOMERS to go BUST? Another giant bank in China went bust. Why? This time it’s commercial real estate, not residential going bust. FYI. China has the three biggest banks in the world. The same is happening in US as commercial real estate, specifically office buildings go… — Robert Kiyosaki (@theRealKiyosaki) March 29, 2024 Baby Boomers bust Furthermore, he pointed out that the Baby Boomer generation was especially at risk due to their retirement plans conta

BitBrawl Partners With Animoca Brands To Boost Its NFT Gaming Experience

BitBrawl, a cross-chain platformer fighting game, has partnered with blockchain gaming giant Animoca Brands to boost its fighting gaming experience. The integration has appeared amid the recent general resurgence of non-fungible tokens and metaverse gaming. In a March 28 blog post, BitBrawl confirmed partnering with Animoca Brands to offer a seamless and thrilling gaming experience. The Animoca Brand and Bit Brawl partnership is a testament that blockchain gaming has started reviving after being pronounced dead in the past several months. We are thrilled to announce our new partner @animocabrands As an industry giant with 500+ portfolio companies, Animoca Brands is going to be our newest partner in reaching new heights at BitBrawl. pic.twitter.com/endU8GhKRw — BitBrawl (@BitBrawlio) March 28, 2024 BitBrawl Overview Launched in 2023, Bit Brawl is a platform fighter game built on the Solana blockchain, blending the world of competitive gaming with the realm of non-fungible token

Bitcoin ETF Inflows Could Eclipse $1 Trillion, Predicts Bitwise CIO

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Following a week of net out flows , the spot Bitcoin ETF market has rebounded with impressive net in flows this week, highlighting a growing investor confidence in Bitcoin and its associated financial products. This week’s market activities have shown a remarkable reversal from the previous 5-day net outflow streak, with Tuesday witnessing a substantial net inflow of $480 million, followed by $243.5 million on Wednesday. Yesterday’s resurgence in investor interest was notably boosted by Blackrock’s massive inflow of $323.8 million, effectively offsetting Grayscale GBTC’s $299.8 million out flows . Moreover, Ark Invest’s ARKB reported its best day yet, with $200 million in in flows , despite Fidelity experiencing its worst day with a mere $1.5 million in out flows . Nevertheless, Fidelity managed to bounce back with significant in flows of $261 million and $279 million on Monday and Tuesday, respectively. Yesterday's ETF flows were positive for $24

Best Crypto to Buy Now March 27 – TRON, Fetch.ai, Mantle 

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InsideBitcoins regularly provides a rundown of the best cryptocurrencies to buy now , taking into account their recent price performance. This week, the cryptocurrency market has shown bullish behavior, mirroring Bitcoin’s rally above the $70,000 psychological threshold. The buying momentum received an additional boost from a positive shift towards Spot BTC ETFs. Furthermore, several altcoins present new opportunities for investors. Best Crypto to Buy Now   TRON experienced a bullish trend last week, seeing significant buying activity pushing its coin value to $0.1204. Mantle exhibits considerable liquidity, reflecting market confidence and stability. Meanwhile, RUNE is trading at $9.61, with a market capitalization of $3 billion. 1. TRON (TRX) TRON has witnessed a bullish trend over the past week, with significant buying activity driving its coin value to $0.1204. With a 24-hour trading volume of $316 million, TRON currently ranks #15 on CoinMarketCap. It boasts a live market ca

Shiba Inu Price Prediction – Will $SHIB Crypto Pump More?

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Shiba Inu, the second-largest meme coin, maintains its rally, with a spike of over 23% in the last seven days, reflecting significant investor interest. Shiba Inu has experienced a notable surge in transaction volume, rising by over 43% to $2.18 billion. This uptrend indicates increasing demand among major investors, potentially stabilizing $SHIB’s price on a bullish trajectory in the near term. As Shiba Inu progresses towards broader utility and acceptance, its journey offers insights into the dynamics of the crypto industry. The project’s ability to evolve beyond its origins reflects a roadmap for similar tokens, community involvement, emphasizing innovation, and strategic growth. In this piece, we’ll delve into the factors driving Shiba Inu’s surge and its future price trajectory. New Listings and Futures Contracts Push $SHIB’s Rally The surge in $SHIB’s price follows the unveiling of new listings for both Shiba Inu and Bone ShibaSwap (BONE), the governance token for Shiba Inu,

Telegram trading bots force crypto traders to sacrifice self-custody for UX

Trading bots managed via the crypto -friendly messaging app Telegram often require users to input their private keys so they can make trades on their behalf. The increasing numbers of these bots suggest that meme coin traders are happy to forgo one of crypto ’s core tenets, self -custody , to smooth the process of buying into the latest hot token. After all, when betting on the next crypto moonshot, it’s best to be early. The likes of Maestro, BonkBot, and Banana Gun significantly reduce friction when ape-ing into the next WIF, and some are specifically designed to ‘snipe’ freshly launched tokens. Rather than worrying about finding the correct pool on one of many decentralized exchanges (DEX), users simply message their instructions to the chatbot, which handles the on-chain activities. Additionally, with some bots claiming to protect trades from front-runners, users may feel reassured that their FOMO won’t end up with them getting ‘sandwiched.’ Explained: How JaredFromSubway.

Solv Protocol launches first omnichain yield-bearing token for BTC

SolvBTC will catalyse further growth for the burgeoning Bitcoin DeFi ecosystem, Solv said in a press release. Initial launch will be across Ethereum, Arbitrum, BNB Chain and Merlin Chain. Solv, an on-chain fund platform that offers native yield strategies across the blockchain ecosystem, has launched the first yield-bearing BTC token. Solv BTC is an omnichain yield-bearing token that benefits from a diverse delta-neutral portfolio and will provide BTC -based yield of between 5-10%. Solv, which provides asset-yield for over 35,000 DeFi users, shared the news in a press release shared with CoinJournal on Tuesday. SolvBTC to boost Bitcoin DeFi ecosystem The new BTC-based token provides both exposure to Bitcoin as well as the benefits of holding a yield-bearing asset. How does this work? According to Solv, the omnichain token taps into a secure Trading Strategy Vault, with delta-neutral strategies executed across top DeFi protocols like GMX, Curve, and

Ripple: How High Can XRP Rise In April 2024?

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Despite the ongoing shifts in the crypto currency market, XRP (XRP), the digital asset linked with Ripple , has maintained its resilience. Currently valued at $0.6319, XRP has experienced a modest increase of 0.04% in the last 24 hours, with a trading volume reaching $1.28 billion. Its price oscillates between $0.6294 and $0.6370, boasting a live market cap of $34.6 million. Source In the midst of these fluctuations, Changelly revealed XRP’s potential trajectory in April 2024. Projections hint at an optimistic outlook for XRP’s price movement. Forecasts suggest that XRP could range from a minimum of $0.647 to a maximum of $0.788, with an average anticipated value of approximately $0.718 for the month. Also Read: XRP to the Moon? Will Ripple Steal Ethereum’s Crown Amid SEC Drama? Navigating Technical Challenges However, recent developments within Ripple X, Ripple ’s development arm, have highlighted technical hurdles that may impact XRP’s performance. Ripple X disclosed a t

Meme AI Price Prediction: As MEMEAI Surges 23%, This Rival Eyes 100X Returns With New Exchange Listings Imminent

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The Meme AI price surged 23% in the last 24 hours and 40% in seven days to trade at $0.01122 as of 8:30 p.m. EST. Meme AI Price Prediction The 2-hour chart depicts cautious optimism, as indicated by the Alligator indicator. The Alligator lines are intermingling, suggesting a consolidation phase. The Meme AI price movement within the last few candles has been relatively flat, with the Alligator indicator’s lines closely packed together, implying equilibrium between buying and selling pressures. The recent red candle breaking into the Alligator’s mouth hints at a budding bearish momentum, suggesting we could witness a Meme AI price correction. The Money Flow Index (MFI), hovering around 65, supports this optimistic view, signaling that buying pressure is substantial, but not yet overextended into the overbought territory.  On the other hand, the Relative Strength Index (RSI), situated at 55, echoes the MFI’s sentiment, indicating a healthy buying regime. However, both the Relativ

6 Best Altcoins to Invest in Right Now March 22 – Fantom, Stacks, Arweave

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The imminent halving of Bitcoin has caused a rally in the crypto market. This uptick signifies investors’ optimism in exploring promising tokens with growth potential, with bullish trends expected. Consequently, Alt coins garner more attention from investors looking for varied investment opportunities. However, selecting the appropriate altcoin demands diligence and comprehensive research. Hence, this article endeavors to simplify this task by spotlighting several noteworthy alt coins worthy of investment consideration. 6 Best Altcoins to Invest in Right Now Bitcoin has fallen below the $64,000 mark , while alt coins like Fantom, Stacks, and Arweave are gaining attention as promising investment options for the upcoming Alt-season. This increased interest in alternative cryptocurrencies revitalizes investor confidence, leading them to review and modify their portfolios actively. 1. Fantom (FTM) FTM’s native token, FTM, has printed 190% in the last month, making it one of the lea