Posts

Trading Sales Volume For Bitcoin NFTs Jump 26% Today After Bitcoin Halving

Image
The trading sales volume for the Bitcoin-based non-fungible token collection has sharply surged following the successful Bitcoin halving event earlier today, among other factors. According to CryptoSlam.io, an on-chain market data aggregator, the trading sales volume for the Bitcoin-based NFTs has jumped to $21 million, representing a 26% surge from the previous day. Bitcoin Halving 2024 Now Complete Earlier this morning, Bitcoin successfully completed its fourth-ever halving event after posting its 840,000th block, the point at which mining rewards are slashed in half once again. From today onwards, Bitcoin miners will receive 3.125 BTC per mined block, down from the previous 6.25 BTC. The highly anticipated event had the crypto and NFT community eagerly awaiting what’s next for Bitcoin’s price, with some predictions reaching as high as $250,000. Since the crypto and NFT markets have a mother-to-child relationship, the NFT market is also projected to rise after halving. The last

AI predicts Solana price for May 1, 2024

Image
The global cryptocurrency market experienced a volatile period earlier today as tensions escalated in the Middle East. Despite initial price drops, the market recovered quickly after it became apparent that the conflict resulted in minimal damage.  Notably, Solana (SOL) showed a similar trend, experiencing a notable decline followed by a swift recovery. At the press time, Solana price today was trading at $144.68, reflecting a nearly 9% increase over the past 24 hours, surpassing even the value before Israel’s retaliatory attack on Iran.  Picks for you Buckle up for a wild 2024, as this indicator points to a recession in coming months 45 mins ago Brace for $30 breakout as Silver mirrors Gold and Cocoa performance 1 hour ago Buy alert: Signals predict a 75% uptick in Cardano price 1 hour ago 3 cryptocurrencies to avoid trading next week 2 hours ago SOL 7-day price chart. Source: Finbold However, it is important to note that SOL price rema

Dogecoin: Did Elon Musk Buy $45 Million Worth of DOGE?

Image
The cryptocurrency market has entered another slump, with the global market cap falling to $2.39 trillion. Dogecoin (DOGE) has also faced a significant correction over the last few days, dipping 25.5% in the weekly charts and 14.8% in the 14-day charts. The asset is still up by nearly 18% over the previous month. Source: CoinGecko However, despite the correction, a recent whale purchase has thrilled the Dogecoin (DOGE) community. According to on-chain data, a whale wallet purchased 300 million DOGE worth around $45 million. There is a lot of speculation about who the whale might be, with Elon Musk being the top guess among many DOGE fans. Musk is an avid DOGE supporter, and many of his ventures accept DOGE as payment. Also Read: Dogecoin : Elon Musk and the Market Await DOGE’s Move to the Top 7 One reason for the speculation is Musk sharing a DOGE meme on X just hours before the whale purchase. Fans and investors couldn’t help but notice the uncanny timing of the two even

Dogecoin20 Price Prediction: DOGE20 Surges 100% On Launch As This New DOGE Derivative ICO Goes Parabolic

Image
The Dogecoin20 price surged 100% shortly after being launched earlier today as investors capitalized on the meme coin’s listing pump. The red-hot meme coin pared gains after to trade at $0.0001953 as of 6:35 a.m. EST to trade up more than 8%. That means it’s still outperforming top dog-themed cryptos such as Dogecoin (DOGE), Shiba Inu (SHIB), Dogwifhat (WIF) and FLOKI (FLOKI) in a meme coin market that’s awash in red ink. 15-minute chart for DOGE20/USD (Source: TradingView ) With the exit of short-term investors, value investors with a longer-term outlook can now push the newly-listed meme coin’s price higher in the coming few days. Buyers have already identified the recent dip as an opportunity to acquire the meme coin at a premium, which is evident by the emergence of a green candle on the crypto’s charts. With the initial listing hurdle out of the way, the Dogecoin20 price is free to enter a price discovery phase towards the upside. Bulls Could Soon Push The Dogecoin20 Price

Billionaire Sam Altman’s Worldcoin (WLD) Introduces New Ethereum Layer-2 Blockchain ‘World Chain’

Sam Altman’s eye-scanning crypto project Worldcoin (WLD) is announcing the creation of its own Ethereum (ETH) layer-2 block chain . The project’s new block chain , called World Chain, is designed to give priority blockspace to Worldcoin’s 5 million verified World ID holders over bots, and gas allowance for “casual transactions.” World Chain will also be designed for scalability within Optimism’s Super chain concept, and optimized to first increase capacity for new users to join. Using its ID system, the project says World Chain aims to tackle to issue of artificial intelligence-powered bots that can now spam block chain s with traffic that can congest networks and cause unnecessarily high fees. “Much like the rest of the internet, many of the problems block chain s face today are aggravated by “bots”. By some estimates, as many as 80% of block chain transactions are automated, and while many are for valid use cases, unproductive bots like airdrop farming ones

Top Trending Cryptos on Solana Chain Today – Cheems, Megapix, Andrea Von Speed

Image
Since the start of the bull market, the Solana chain has been one of the most dynamic ecosystems in the market. At the peak of the bull run, the chain experienced a substantial rise in transaction volume, which led to the reported glitches.  Interestingly, a recent update from the platform reveals that the Solana devs have devised a viable solution to the platform’s challenges. Hence, the crypto community might see a rebirth of the Solana trends. In the meantime, this post explores the top trending crypto tokens on the Solana chain. It covers essential market trends of each cryptocurrency and back data to help investors understand what led to its current price action.  Top Trending Cryptos on Solana Chain On the other hand, today’s post includes information about the upcoming cryptocurrency project Mega Dice. The team recently launched a presale offering of the token, and it’s quickly gaining traction. Below is a quick overview of Mega Dice and all the essential information about

Crypto Expert Predicts Bitcoin Will Reach $650,000 Due To This Reason

Image
A crypto analyst has made a bold prediction about Bitcoin , anticipating that the pioneer cryptocurrency could surge to $650,000 as the Spot Bitcoin ETF market continues to grow.  BTC’s Next Price Target Expected At $650,000 In an X (formerly Twitter) post published on Monday, Willy Woo, a popular analyst and crypto expert with over 1 million followers, predicted Bitcoin’s next price target, fueled by the growth and demand of Spot Bitcoin ETFs. Related Reading: Dogecoin Whales Send 800 Million DOGE To Exchanges, Dump Incoming? According to Woo, Spot Bitcoin ETFs could propel the price of BTC to $91,000 at bear market bottoms, while during bull market tops, the cryptocurrency could skyrocket as high as $650,000. It’s important to note that at the time of writing, Bitcoin haD not even reached $100,000 , and is trading at $63,408, according to CoinMarketCap.

Ripple XRP Targets $0.60 In April as SEC Case & Halving Begin

Image
Ripple XRP may surge to $0.60 following a positive ruling in the SEC case and the upcoming Bitcoin halving . The ongoing Ripple Labs/SEC trial and its outcome will be crucial for the future of XRP and the entire cryptocurrency field. Ripple must submit its opposition to the SEC’s remedies-related brief by April 22. Furthermore, the upcoming Bitcoin halving event is scheduled to occur this week. The halving will impact the price trajectory of XRP and other cryptocurrencies. However, if Ripple Labs gets a positive response from the court to its brief, XRP may begin its rise back above recent bearish trends. Source: WatcherGuru At press time, XRP is trading at just under $0.50. The asset has sunk in price in a recent bearish market. However, experts are optimistic that these two events will positively impact XRP. Analysts at Forex suggest XRP will experience a robust increase of 2.50% from the current trading price up to $0.5154. If XRP maintains above this pivot, it may encounter imm

Bitcoin is Not a Geopolitical Hedge, Ex-Bridgewater Exec Says After BTC Plummeted On Middle East Tensions

Bitcoin’s use case as a hedge against geopolitical tensions is being questioned after it dropped to $62,000 over the weekend after Iran launched a missile and drone attacks against Israel. Bitcoin lost 7.5% of its value on Saturday, plunging from over $67K to around $62K in minutes after news of Iran’s attack on Israel. That prompted Bob Elliott, a former top executive with $124 billion in assets fund manager Bridgewater Associates, to compare its performance to PAX Gold (PAXG), a gold-backed crypto token that rallied to a new all-time high of $2,855 after Iran’s attack. “Bitcoin may be many things, but it is not a geopolitical hedge,” he said in a post on X. “This weekend was another good empirical test.” Bitcoin may be many things, but it is not a geopolitical hedge. This weekend was another good empirical test. BTC traded with a near perfect negative correlation over the last day to $PAXG, a gold backed token. If anything it's becoming an even worse hedge over time. pic.tw

DOGE Price Set For Rebound? Whale Moves $26 Million In Dogecoin Off Robinhood

Image
The price of Dogecoin has been experiencing a significant amount of bearish pressure in the past few days. This recent decline coincides with a general market downturn, which has seen other large-cap assets like Bitcoin and Ethereum tumble with notable losses. However, the meme coin’s price might not be down for too long, especially after a major investor executed a massive transaction off a centralized exchange. The transfer, which an on-chain data tracker flagged, has sparked speculations in the DOGE community and could be bullish for the meme coin’s price. Whale Transfers 150 Million Dogecoin From Robinhood According to data from blockchain transaction tracker Whale Alert, a substantial amount of Dogecoin has made its way off the Robinhood exchange. In the past day, an outgoing transfer of 150 million DOGE tokens, equivalent to more than $26 million, from the crypto trading platform was spotted on the Dogecoin blockchain.

Shiba Inu Teams Up with CDSA to Tackle AI Challenges in Entertainment

Image
The Shiba Inu [SHIB] ecosystem has been proving to be more than just a meme coin network. The community-driven project has been diving into several other avenues and media and entertainment is the latest. In a recent announcement, the SHIB community revealed that the network has partnered with the Content Delivery and Security Association [CDSA] to explore blockchain technology’s potential in the media and entertainment sector. By partnering up with Shiba Inu, a network with a market capitalization of a whopping $16.49 billion, CDSA intends to combat malicious activities while trying to bolster content distribution networks. This will be done by leveraging blockchain technology. CDSA has been playing a pivotal role in setting industry standards since 1998. The platform boasts a distinguished membership comprising major studios, tech giants, and industry stakeholders. Shibarium, Shiba Inu’s layer 2 network has the potential to revolutionize transparency and trust in the media ecosyst

New Cryptocurrency Releases, Listings, & Presales Today — Basedswap, Alien Base, Digitaliga

Image
As the countdown to the Bitcoin Halving intensifies, so does the excitement in the cryptocurrency industry. Investors are anticipating the upcoming Halving event. In light of this anticipation, traders seek  promising coins  to build their portfolios.  InsideBitcoins presents a meticulously curated selection of three promising tokens to aid in this search. Our Analysis discusses their tokenomics, utility, potential use cases, strategic partnerships, and other key attributes that make them compelling investment prospects.  New Cryptocurrency Releases, Listings, & Presales Today BasedSwap redefines DeFi accessibility, simplifying token exchanges and cross-chain swaps for users worldwide. Digital sports engagement enters a new era with Digitaliga, offering immersive experiences and fan rewards through its DIGITA token. With ambitious expansion plans, Digitaliga aims to connect sports communities globally, disrupting the traditional sports industry.  Meanwhile, 99Bitcoins is bring