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Showing posts from June, 2024

Dogecoin flashes buy signal; Can DOGE claim $0.15?

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Although Dogecoin (DOGE) is experiencing volatility amidst bearish sentiments, technical indicators suggest that the meme coin is signal ing a potential buying opportunity. Specifically, crypto analyst Ali Martinez highlighted in an X post on June 30th that Dogecoin shows signs of a potential rebound. The TD Sequential indicator has presented a buy signal on the three-day chart. This signal , highlighted by analyst Martinez, suggested that a reversal could be on the horizon, possibly setting the stage for DOGE to aim for higher price levels, including the critical $0.15 mark. Picks for you Crypto whale borrows $34 million for bullish leverage trading 1 hour ago Dollar vs. Yen: ChatGPT-4o predicts forex giants' next move ...

What’s G7 Doing with $300 Billion Confiscated Russian Assets?

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The U.S. proposed G7 to confiscate $300 billion in Russia n assets in December 2023. The move was implemented to crush Russia ’s ability to grow stronger in the war against Ukraine. The $300 billion in Russia n assets that G7 froze were in the form of bonds, cash, and other assets. Now that G7 successfully froze $300 billion in Russia n assets, where did all the money go? Who holds the major part of it and where is it held currently? In this article, we will highlight what the U.S. and G7 did with the billions worth of frozen Russia n assets. Also Read: BRICS Gold-Backed Currency to Launch at 2024 Summit? Who Holds $300 Billion in Frozen Russian Assets: G7 or the U.S.? Source: Moneycontrol Much debate was made about what to do with the $300 billion frozen Russia n assets by G7 and the U.S. Once frozen, it remains clear that the money will not go back to Russia , and G7 and the U.S. will have to decide what to do with it. Also Read: Petrodollar Died This Month, Not the US Dol...

Top Crypto Gainers Today Jun 29 – Trust Wallet Token, TRON, Cardano

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Amidst the latest surge in cryptocurrency values, a significant regulatory shift has emerged. The U.S. Treasury Department has finalized a rule requiring crypto brokers to report detailed transaction information to the Internal Revenue Service (IRS). This development is driven by the $1 trillion bipartisan Infrastructure Investment and Jobs Act. It aims to enhance tax compliance within the booming crypto sector and potentially generate up to $28 billion over the next decade. These new requirements, which will be implemented next year and phased through 2026, align crypto tax obligations with traditional financial instruments. This regulatory update reflects the growing importance of compliance in digital finance and intersects with the current performance and investor interest in top-gaining cryptocurrencies. Biggest Crypto Gainers Today – Top List Recent price movements in today’s crypto market have spotlighted top gainers like Rarible, Trust Wallet Token, TRON, and Ca...

XRP Price Climbs 2% As Bitwise’s Matt Hougan Outlines XRP And Solana ETF Outlooks And This AI Meme Coin ICO Soars Towards $7 Million

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The XRP price climbed more than 2% in the past 24 hours to trade at $0.48 as of 7:45 a.m. EST.  This slight uptick recorded by the Ripple token’s price comes after Bitwise’s Chief Investment Officer Matt Hougan predicted that XRP and Solana ETF (exchange-traded fund) products could start trading at some point between 2025 and 2027.  The XRP Price Approaching A Critical Point 4-hour chart for XRP/USD (Source: GeckoTerminal ) The XRP price is approaching a critical juncture as it tries to overcome the major resistance level at $0.4825. This is after the altcoin printed a series of higher highs and higher lows on the 4-hour chart, resulting in the formation of an ascending channel. The $0.4825 barrier is a key level to watch, because it is also confluent with the upper boundary of the Bollinger Bands (BBANDS). As such, a 4-hour candle close above this technical obstacle could clear a path for XRP to keep climbing in the following 24 hours. Bulls could then bo...

Experts Bullish On Ethereum ETFs Launching July 4, Predicting Potential Surge Beyond $7,000

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As the highly anticipated launch of the first spot Ethereum ETFs in the United States nears, experts are predicting a significant price appreciation for the second-largest cryptocurrency in the market. Ethereum ETFs On The Horizon According to a recent Reuters report , the US Securities and Exchange Commission (SEC) could approve Ethereum ETFs as soon as July 4, as discussions between asset managers and regulators enter the final stages.  Industry executives and other participants who requested anonymity due to the confidential nature of the talks revealed that the process of amending the offering documents has progressed to resolving only “minor” issues, and approval is “probably not more than a week or two away.” Related Reading ...

US economist warns of financial apocalypse: ‘Get out of the dollar’

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Although they sometimes disagree on issues like Bitcoin (BTC), the author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, and a popular economist and gold bug, Peter Schiff, do agree on one thing – that the United States is looking at a massive financial collapse. Indeed, Schiff explained that the “fiat-based monetary system is on the verge of implosion” as the “dollar collapses and the world returns to the gold standard – just without the dollar,” as he joined Kiyosaki for an episode of his The Rich Dad Channel podcast streamed on June 26. Devastating consequences According to the economist , returning to the gold standard under such conditions would lead to devastating consequences for the already declining American standard of living, which he believes is “going to collapse,” and the US Federal Reserve might make the inflation worse by issuing Fedcoin. ...

3 cryptocurrencies to avoid amid $130 million in token unlocks

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Three cryptocurrencies will unlock over $130 million in tokens this week, which cryptocurrency traders should avoid having substantial exposure to. These unlocks have the potential to flood the market, leading to increased selling pressure and significant price fluctuations. On June 26, Finbold retrieved data from the TokenUnlocks.app , which shows $198.42 million in the seven-day cliff unlocks. Notably, this week’s three leading protocols will release $137.02 million in tokens, accounting for 69% of the total. Fifteen projects make up the “next seven days cliff unlocks.” Cliff Unlocks Next 7D. Source: TokenUnlocks.app Moreover, Ripple will unlock 1 billion XRP on July 1, worth $470 million, as it does monthly. Finbold already covered Ripple‘s unlock in a unique report published today. Picks for you Beware: Ripple to unlock 1 bil...

Hawk Tuah Price Prediction: HAWKTUAH Pumps 19%, But Investors Are Flocking To This Layer-2 PEPE For Parabolic Gains

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The Hawk Tuah price surged 19% in the past 24 hours to trade for $0.007848 as of 01:00 a.m. EST. It comes as altcoins recover after a prolonged market slide. With this, some traders see projects with low market capitalization as having significant potential. It has been a project with a very high potential, and together it can be even better #HawkTuah — 😎R.Cágïshø💕 (@CagishoR) June 26, 2024 The Hawk Tuah token is a meme coin that went viral following a humorous street interview video. It offers zero taxes, burnt liquidity, and a renounced contract for secure and community-driven growth. The project Features a comprehensive roadmap with phases focusing on marketing, community engagement, and strategic partnerships to ensure widespread adoption and popularity. Hawk Tuah Price Prediction The Hawk Tuah price is trading with a bullish bias, recording higher highs as bullish momentum grows. Evidence of this is the climbing Relative Strength I...

Most Trending Cryptocurrencies on Polygon – Yield Guild Games, LOE, Kromatika

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The direction of the crypto market is still largely uncertain as the price of BTC tested the $60k level today. However, price action in the past 24 hours has been quite impressive. Altcoins have seen a marginal price increase, which has raised investors’ hopes of a possible return of the altseason. Nevertheless, major altcoins such as Bitcoin are starting to post significant price changes.  The Polygon ecosystem tokens have shown impressive resilience despite recent crypto market trends. Today’s post explores the market data of the top trending cryptocurrencies on the Polygon chain. It aims to provide investors with essential information about the network and the token’s long-term potential.  Most Trending Cryptocurrencies on Polygon   Further, the article gives a general overview of the Mega Dice presale. The project launched its presale a few weeks back and has achieved remarkable success with the presale program. At the time of writing, it has reac...