Encryption Market capitalization is a measure of a project’s dominance and popularity. TronMarket capitalization has appeared Resilience Recently Market confusion. TronClosed due to continued strength. CardanoIn the 10th place CoinMarketCap. The market capitalization of a cryptocurrency is a key indicator of its dominance and popularity. It is calculated by multiplying the current price by the circulating supply. However, due to the volatility of cryptocurrency prices, these rankings can change rapidly, reflecting the dynamic and unpredictable nature of the industry.Cryptocurrency prices have fluctuated significantly in recent weeks due to macroeconomic factors and geopolitical tensions. Despite these upheavals, Tron (TRX) has shown…
Author: Crypto Flexs
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Social Platforms • August 15, 2024 1:55 PM EDT Posted 1 minute earlier ~ in Quick take The channel name, “The Defiant Ones,” matches a recent trademark registration. Last week, Donald Trump Jr. and Eric Trump shot down rumors that the cryptocurrency project would be a memecoin. Donald Trump Jr. launched a Telegram channel on Thursday, with the sons of Republican nominee Donald Trump further teasing the former president’s foray into decentralized finance. “There are a lot of rumors going around about our crypto project,” he wrote in a post on X. “To hear the real story and get the…
Timothy Morano 15 Aug 2024 01:22 We analyze the potential impact of President Trump’s election on Bitcoin (BTC) and the cryptocurrency market as a whole, including his policies and Vice Presidential candidate JD Vance. As the 2024 US presidential election approaches, the potential victory of Donald Trump has become a highly controversial topic, especially within the crypto community. According to CoinShares, Trump has a 46% chance of winning, reflecting significant interest in his policies among the digital native and crypto-supporting demographic. Trump’s Pro-Crypto Policy and JD Vance’s Influence Trump’s choice of JD Vance as…
Bitcoin Dogs raised over $13 million in its pre-sale. 0DOG tokens will be listed on Gate.io, MEXC Official, and Unisat Wallet on August 21st. Token claiming will begin on the same day the tokens are listed on the three exchanges. Bitcoin Dogs Club has announced the official listing of its 0DOG token on three major exchanges, following a successful presale that raised over $13.496 million. The highly anticipated exchange listing is scheduled for August 21, 2024, marking a significant milestone for an innovative project that combines the appeal of blockchain technology with the excitement of dog-themed digital assets. Investors and…
A prominent cryptocurrency analyst says Bitcoin (BTC) could fall below $50,000 if one of its key support levels fails to hold. In a new strategy session, anonymous cryptocurrency trader Altcoin Sherpa told his 219,900 followers on social media platform X that the next test for the cryptocurrency king could be a breakout above $70,000 or a crash below $50,000. “I think it’s very simple. If BTC breaks current levels, it will go to $70,000. If BTC doesn’t break current levels, it will go to $40,000 (there may be a bounce in between).” Source: Altcoin Sherpa/X Sherpa said that if BTC’s…
A prominent cryptocurrency analyst says Bitcoin (BTC) could fall below $50,000 if one of its key support levels fails to hold. In a new strategy session, anonymous cryptocurrency trader Altcoin Sherpa told his 219,900 followers on social media platform X that the next test for the crypto king could be a breakout above $70,000 or a crash below $50,000. “I think it’s very simple. If BTC breaks current levels, it will go to $70,000. If BTC doesn’t break current levels, it will go to $40,000 (there may be a bounce in between).” Source: Altcoin Sherpa/X Sherpa said that if BTC’s…
Ether is trading 25% above its eight-month low of $2,112 on August 5. The second-largest cryptocurrency by market cap is on the rise, up 13% over the past seven days.ETH/USD daily chart. Source: TradingViewDespite these achievements, analysts believe that there are still downside risks to Ether (ETH) for now.“I don’t expect ETH to break $2,800-$2,900, but rather remain range bound for some time through August and September,” McKenna, a partner at Arete Capital, wrote in an August 15 post to X.McKenna cited Ether’s recent price action following a recent drop due to market maker Jump Trading dumping ETH and concerns…
Circle, the issuer of the USDC (Circle-United States dollar) stablecoin, recently published a white paper titled: Risk-based capital for stable value tokens; We propose a novel risk-based capital management model for stablecoins and other digital cash tokens.The authors of the paper argue that stablecoins require appropriate capital reserve requirements that go beyond the capital standards currently established under the Basel banking regulatory framework to mitigate the risks inherent in stablecoins, tokens identical to other fiat currencies, and token issuers.According to the authors, these inherent risks include, but are not limited to, the lack of token price due to market trading,…
Raise, the company behind the popular gift card purchasing app, has begun further integrating cryptocurrency into its platform. The company has partnered with Wallet Connect to add support and begin accepting a wide range of popular digital wallets, including MetaMask, Phantom, and Coinbase Wallet. Ethereum -5.04% , dot -2.95% , Bitcoin -3.57% and brush -3.44% Not only tokens USDC -0.06% and USDT -0.07% Stablecoins as a means of payment. Founded in 2012, the company has over 6 million customers and partners directly with over 1,000 major retailers. It has facilitated over $10 billion in transactions through its consumer app, exchange,…
PAAL AI (PAAL), a Telegram coin developed on the Ethereum blockchain, has seen its price drop by 10% in 24 hours. At the time of writing, it is trading at $0.19. The price is down 77.50% from its all-time high in March. This on-chain analysis looks at the reasons behind the recent drop and what the next move could be. Crypto Whales Abandon PAAL AI According to BeInCrypto’s research, PAAL has been under significant selling pressure due to the decision of one of its key stakeholders. The investors involved in this decline are whales, a key group whose actions and…