An analyst known as a “master trader” at cryptocurrency exchange Bybit believes October will be a bullish month for Dogecoin (DOGE). Top memecoin DOGE appears to be in the early stages of a five-wave rally, pseudonymous analyst Bluntz told his 276,900 followers on social media platform X. Traders practice Elliott Wave Theory, a technical analysis approach that attempts to predict future price movements by following herd psychology, which tends to manifest itself in waves. The theory is that bullish assets tend to witness a five-wave surge before experiencing an “ABC” decline. Blunts says: “DOGE is on turbo strength here and…
Author: Crypto Flexs
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Meme Coin soars as SHIB, PEPE, and WIF push their market capitalization to $55 billion. Find out which tokens can skyrocket. Meme Coin is riding a huge wave of growth. In this unprecedented situation, tokens such as SHIB, PEPE, and WIF are attracting attention due to their rising value. Together, these two companies have increased their market capitalization to an impressive $55 billion. Find out which coins are ready to surge next in these signals of strong user interest…
Bitcoin exchange-traded products once again became the top choice for institutional investors for the week ending September 27, as capital flowed into cryptocurrency funds after BTC recovered above $66,000. According to CoinShares’ latest report released on September 30, cryptocurrency asset investment products recorded inflows totaling $1.2 billion during the weeks of September 23 and September 27 for the third consecutive week. According to the report, the lion’s share of capital flows have gone into Bitcoin (BTC) investment products, with $1 billion, or about 87% of the total, flowing in over the past seven days. Bitcoin funds also led the monthly…
Olumide Osunkoya pleaded guilty to FCA charges of unlawful provision and use of a cryptocurrency automated teller machine (ATM). Osunkuya, 45, is scheduled to be sentenced at a later date. Olumide Osunkoya pleaded guilty to several charges related to the illegal operation of a cryptocurrency automated teller machine in the United Kingdom. The Financial Conduct Authority said in a press release on September 30 that Osunkuya, 45, appeared at Westminster Magistrates’ Court and pleaded guilty to the first charge in relation to operating an illegal cryptocurrency ATM. announced that he had been found guilty. Illegal cryptocurrency ATM operation Among the…
Bitcoin BTC -2.64% And U.S. stocks both experienced their best September in years, with analysts outlining several factors that could keep this risky sentiment going. “As the third quarter came to a close, both stocks and Bitcoin performed better than expected and withstood the typical decline in September,” QCP Capital analysts said.The S&P 500 rose about 1.5% in September and 5.1% in the third quarter, its best performance for the year since 1997. Meanwhile, Bitcoin is up more than 7% this month, hitting one of its record highs in September. Performance on record, according to Coingecko data. Historically, in September,…
Altcoin season began with BTC testing $66,000, with values soaring during the recent bullish rally. However, an important factor is needed to trigger the start of altcoin season. Bitcoin (BTC) A price correction is likely after failing to maintain the $66,000 level. AMBCrypto’s analyze This suggests that $61,000 could be the next support level and mark a major bottom. Historically, altcoin The season follows the bottom of Bitcoin. If this pattern repeats, the current decline could trigger the next altcoin season. The next cycle could trigger an altcoin season Bitcoin’s current market share is 57.37%, a significant drop from its…
Ted Hisokawa September 30, 2024 02:38 Binance Pool has launched Bellscoin (BEL) merge mining, allowing users to mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), and BEL. According to an announcement from Binance, Binance Pool has officially launched merged mining for Bellscoin (BEL), allowing users to mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), and BEL. How to get started To participate in the new merged mining service, users must follow these steps: Log in to your verified Binance account and register a Binance Pool account. Start mining LTC…
After losing $3.8 million in a September 27 hack that exploited known but unresolved security vulnerabilities, decentralized finance (DeFi) protocol Onyx announced Onyx Core, an open source permissioned financial network, as its core product to strengthen governance. We’ve received community approval to start over. .The Onyx improvement proposal “(OIP)-46: Relaunch Onyx Core” was introduced on the same day as the $3.8 million security exploit. The proposal called for major changes to the protocol and product offerings, including shutting down the Ethereum-based lending market and repaying lenders “in full on a 1:1 basis for the assets they have supplied.”source: onyxBy September…
Bitcoin (BTC) is coming off the end of an unusually strong “Rektember”, rising around 9% on expectations of further BTC price rises.Bitcoin still holds most of the support it regained last week due to a selloff to close the week.Federal Reserve Chairman Jerome Powell took the stage to start the week with markets divided over the size of November’s rate cut.While 2024 could still be Bitcoin’s best September on record, “Uptober” generally promises an upside of 23%.Based on Coinbase app downloads, retail interest in Bitcoin and cryptocurrencies is growing.Whales, which have been on the market for more than several months,…
On-chain data shows that Ethereum transaction fees are rising again recently. The reasons behind this trend are as follows: Ethereum average fees have recently recorded a notable rise. In a new insight post, on-chain analytics firm Santiment talked about how the Ethereum network has become more expensive recently. The metric of interest here is the “average fee” which tracks the average fee ETH users currently attach to their transfers. The amount of fees a sender is willing to pay is determined by the level of activity the blockchain is witnessing. During periods of high traffic, transfers may be briefly interrupted…