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Crypto Analyst Dives Into Altcoin Bear Market As the Bitcoin (BTC) Halving Nears

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A widely followed crypto analyst says Bitcoin relief is on the way as the imminent BTC halving draws closer. The BTC halving is a pre-programmed event that occurs every four years, slashing BTC mining rewards in half. Analysts and experts anticipate the next BTC halving should occur in the coming days or even hours. One analyst, Michaël van de Poppe, tells his 712,800 followers on the social media platform X that BTC has an opportune shot to fight back from the $61,000 region. “Pretty significant chance Bitcoin will be bouncing from this area upwards for some relief. The hype is slowly fading away for Bitcoin as the halving is approaching and narratives will change.” Source: Michaël van de Poppe/X With BTC currently trading near the $64,000 region, the analyst indicates the king crypto is rebounding according to plan. “Bitcoin halving day!  Good response from the range low.  Things are looking great.” Source: Michaël van de Poppe/X BTC is worth $63,699 a
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Bitget Wallet Rolls Out BWB Points Airdrop, Strengthening Collaboration with Ethena

Victoria, Seychelles, April 19th, 2024, Chainwire Bitget Wallet , one of the largest Web3 wallets in Asia and recognized globally, has partnered with Ethena, an Ethereum-based synthetic dollar protocol. Following this collaboration, users, who deposited at least 100 USDT over the past three months on Ethena will receive BWB points airdrop. In the future, the BWB points will be enabled for converting into BWB tokens after the airdrop campaign concludes. Ethena also announced that users locking its USDe stablecoin for at least 7 days on the Bitget Wallet would be eligible for a 20% reward boost. This collaboration allows users to engage with Ethena via Bitget Wallet’s browser extension and mobile application, making it simpler to manage token transactions, exchange USDe, engage in staking, and join the Pendle campaign . Users can also deposit ENA tokens into Pendle to either earn points or secure advantageous fixed rates. Ethena is now accessible through Bitget W
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Most Trending Cryptos on Ethereum Chain Today – Efinity Token, Open Custody Protocol, Not Financial Advice

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Ethereum has been on a sideway trend since the start of Q2. The asset’s price has been barely chained for several days now, preferring the low range in most cases. However, the network hosts some of the best-performing crypto assets. Many of the tokens built on the chain are recording increasing prices and marginal changes in trading volume.  Thus, the ETH might post price recovery in the coming weeks if activities within the network maintain their current pace. This post covers the performance of the top trending cryptocurrencies on the Ethereum chain today.  Most Trending Cryptos on Ethereum Chain In addition, today’s post includes highlights of the crypto projects to watch. 99Bitcoins presale recently debuted, and it raised over $400k in a few days. The growing investors’ interest in the project and its learn-to-earn concept gives it a noteworthy uniqueness. Thus, the post explores what the team and platform have to offer the crypto community.  1. Open Custody Protocol (OPEN) T
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Dogwifsaudihat Price Prediction: WIFSA Plunges To All-Time Low As Experts Say Consider This Multi-Chain Doge Derivative For 10X Gains

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The Dog wifsa udihat price plummeted over 71% in the past 24 hours to trade for $0.000421 as of 04:20 a.m. EST on trading volume that dumped by more than 30%. The WIFSA plunge comes as the cryptocurrency market continues to bleed, with altcoins withstanding the weight of the fall seen in the Bitcoin price. For the Dog wifsa udihat price, the meme coin plunged to an all-time low of $0.000226 before recovering some losses. Dogwifsaudihat Price Outlook Amid Broader Market Crash Amid the ongoing weakness seen in the market, the odds lean further and further in favor of the downside. Multiple technical indicators continue to flash bearish.  For starters, the immediate resistance due to the 50-day Simple Moving Average (SMA) at $0.000817. The inclination of this moving average to the downside shows that this is the path with the least resistance. Besides the 50-day SMA, the Relative Strength Index (RSI) is also subdued below the 50 mean level. Also, the Awesome Oscillator (AO) and the Mo
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Is Elon Musk Considering Dogecoin for X-Fee Transactions?

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The owner of social media platform X, Elon Musk, is back with another notable update. In a recent announcement, Musk shared that X will start charging a small fee to curb the rampant bot activity on the platform, fueling the Dogecoin payment narratives to new levels.  Tesla supremo Musk has long been known as a staunch Dogecoin proponent and has shown his adoration for the token from time to time. The new announcement spurred an influx of Dogecoin payment rumors, triggering speculation on whether Doge could be one of the tokens that X could accept in the near future.  Also Read: Dogecoin Forecasted To Reach $5.03: Here’s When Dogecoin and X: What’s Happening  Source: The Indian Express The social media users on X had a field day yesterday after the announcement made by Tesla CEO Elon Musk. In a new turn of events, Musk shared that X will now start charging a small fee to curb the rife bot activity on the platform. While some social media users praised Musk’s fee decision
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Crypto Whale Loses $4,500,000 Attempting To Leverage Long Ethereum (ETH) Twice: Lookonchain

A crypto whale recently lost more than $4.5 million attempting to long Ethereum (ETH) twice, according to the digital asset tracker Lookonchain. Lookonchain notes the whale lost $500,000 on their first attempt to long the top smart contract platform, then lost a lot more on their second try. “This whale sold all 10,701 ETH ($33 million) on Binance to repay debt two hours ago, losing more than $4 million again! He went long ETH by depositing ETH on Compound and borrowing USDT to buy more ETH.” Compound (COMP) is a decentralized lending platform. Lookonchain notes that other whales are accumulating Ethereum. One withdrew 10,000 ETH worth $31.5 million from Binance on Monday and staked it into the decentralized finance (DeFi) project Pendle (PENDLE) and Renzo, a liquid restaking token for EigenLayer. EigenLayer is a restaking protocol built on ETH. The other whale withdrew 5,282 ETH worth $48.2 million from the crypto exchanges Binance and OKX on Monday. ETH is
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While Fantom and Stellar face declines, NuggetRush surges ahead with exciting features

Fantom price declines but could rebound with recent updates in its network. Stellar faces a price correction, but buyers anticipate recovery. NuggetRush shows growing interest and confidence in its presale funding, and potential to thrive in the market. Fantom (FTM) and Stellar (XLM) prices have dropped following a recent negative trend in their networks. Fantom reached a high of around $1.00 in January but had fallen below this mark already by April. In a short period, Stellar pronounced a steep downward direction, jumping up and down to trade around $0.10. By contrast, the NuggetRush (NUGX) coin has been performing well during its presale, selling out millions of tokens to interested investors. The project’s approach to mining in the P2E game among investors has been greatly supported. Let’s dig a little deeper into Fantom and Stellar’s declining prices and how NuggetRush is bucking that trend. NuggetRush (NUGX): presale raised over $3.8 million Nugge
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Shiba Inu: How High Will SHIB Surge After Bitcoin Halving?

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The weekend has been a rollercoaster ride for the crypto currency market. Shiba Inu [SHIB] has certainly been on the receiving end of this volatile situation. However, at press time, the asset recorded a 1.19% recovery bringing its price back to $0.00002236. Amidst this, the meme coin also retained its spot in the 12th position with a market cap of $13.1 billion. This further highlights the asset’s resilience during market oscillations. The community eagerly anticipates the Bitcoin halving event, investors are fixated on SHIB and its potential surge in value. Bitcoin Halving The world’s largest crypto currency, Bitcoin is set to undergo halving in about a week. According to our Bitcoin Halving Countdown, the halving event is projected to occur around April 20. This event will further bring down the rewards for miners from 6.25 BTC to 3.125 BTC per block. Source: WatcherGuru Halving is one of the most anticipated events in the crypto -verse. While it is expected to augment the pric
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Can Ripple (XRP) Hit $1 This Weekend?

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In a recent significant development, a US judge handed down a ruling that determined Ripple ’s XRP should not be classified as a security. However, the lawsuit still keeps dragging on with no proper closure date. As a result of this pivotal decision, the price of XRP experienced a remarkable surge in the market. However, the surge was short-lived. XRP’s price has not been quite as high as compared to other altcoins. XRP is trading at $0.6097, with a 1% drop in value over the past 24 hours. XRP is up 4.9% over the last 7 days and down 12.8% in the last 30 days. Here is our price prediction for Ripple XRP for the weekend Also read: Ethereum (ETH) Forecasted To Surge 150% to $7428: Here’s How Source: CoinGecko Ripple price prediction for the weekend Cryptocurrency experts at Changelly have given their price prediction for Ripple XRP for the weekend. According to the analysts, XRP is not likely to hit the $1 level this weekend. The analysts forecast XRP to reach a minimum of
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Shiba Inu: AI Forecasts SHIB Price For April 15, 2024

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The cryptocurrency market continues to maintain its volatile momentum, and the famous dog-themed meme coin Shiba Inu (SHIB) is no exception. Machine learning and artificial intelligence (AI) algorithms are predicting further advances for the ‘Dogecoin (DOGE) killer’ in the near future. According to the most recent data retrieved from the crypto analytics and forecasting platform PricePredictions, an advanced price projecting algorithm anticipates the price of Shiba Inu to reach $0.00003 by April 15, 2024. Based on indicators like Bollinger Bands (BB), average true range (ATR), relative strength index (RSI), and moving average convergence divergence (MACD), this prediction says that the price of SHIB will go up by 11.83% from where it is now. Also read: Cryptocurrency: 3 Coins You Should Buy For The Bull Run Source: PricePredictions Shiba Inu’s Price Performance  Shiba Inu has achieved remarkable results in recent weeks, closely approaching its main competitor, Doge
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Monero (XMR) exchange troubles continue with another major delisting

Kraken has announced it will delist Monero (XMR) from its exchange in Ireland and Belgium. Other exchanges, including Binance, have previously delisted XMR amid regulatory scrutiny. XMR price was at $132, largely flat after the Kraken news. Privacy coin Monero (XMR) has faced numerous delistings in recent months, with leading crypto exchanges ending trading support for XMR as part of their regulatory compliance. The latest setback in the regard comes after cryptocurrency exchange Kraken announced an end to trading support for the privacy coin. In a notice, Kraken informed its customers it would delist Monero from its platform in Ireland and Belgium. The announcement, published earlier today, states that the CEX will remove XMR from its platform in the EU jurisdictions as from June 10, 2024. Ahead of that, Kraken will halt trading and deposits on May 10. The exchange will also auto-close any open margin positions by May 10 – which means customers have le
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Portofino Technologies joins Pyth Network as a new data provider

Portofino Technologies, a crypto startup specializing in market making, token services, and Web3 investments, has joined Pyth Network as a new data provider community, according to the info shared with Finbold on April 10. Portofino Technologies brings a unique brand of expertise to the rapidly expanding Pyth Network, offering proprietary data on cryptocurrencies, bolstering the Pyth digital asset price feed coverage, and aligning with its overarching mission of furnishing dependable, real-time access to price data for global blockchain developers. What is Portofino Technologies? Based in Switzerland, Portofino Technologies operates as a market maker with over 25 employees stationed in London and Zug.  Picks for you The 'degenerate' diaries: Unpacking the tactics of r/wallstreetbets traders 1 hour ago Opportunity? Cardano is 'exactly where it should be' for a breakout 1 hour ago Sell signal for an overbought cryptocurrency this week 2 hours
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Telegram Integrated Toncoin (TON) Enters Top 10 Cryptocurrencies

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In what is a massive development or asset, the Telegram-integrated Toncoin ( TON ) has officially entered the top 10 of all cryptocurrencies. Indeed, the asset reached a new all-time high and surpassed Cardaon (ADA) to take the ninth spot on the list of the top digital assets by market cap, according to CoinMarketCap. The asset is currently surging in value, increasing by more than 12% over the last 24 hours. Moreover, the asset reached an all-time high of $7.08 early Tuesday. Although it has retreated somewhat in price, it is still on the upswing and should continue to increase alongside recently announced developments. Also Read: Toncoin: Top Weekly Gainer Faces 17% Correction Toncoin (TON) Jumps Cardano For Top 10 Listing Amid ATH The digital asset Toncoin has enjoyed increased momentum over the last several months. Specifically, the messaging platform Telegram announced its decision to move to the TON cryptocurrency as the native token for its platform. Subsequently,
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BCB Group migrates its digital asset custody operations to Ripple’s Metaco platform

BCB Group migrates custody to Metaco’s platform, enhancing security and governance. Ripple’s strategic acquisition of Metaco strengthens its position in the crypto industry. The collaboration aims to drive innovation and efficiency in digital asset operations. In a strategic maneuver in collaboration with Ripple, Metaco, and IBM Cloud, BCB Group has transitioned its custody operations to Metaco’s platform, a move aimed at streamlining its digital asset management. The London-based firm, known for providing payment and trading services to major crypto institutions, including Gemini and Kraken, has chosen Metaco’s flagship platform to enhance the security and efficiency of its operations. This decision marks a significant shift for BCB Group, which has migrated from a third-party digital asset technology provider to leverage Metaco’s advanced custody orchestration platform . With this move, BCB Group aims to centralize its custody technology, ensuring a se
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Toncoin (TON) price hits a new all-time high

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Toncoin (TON) price rose more than 17% to hit a new all-time high TON reached highs of $6.27 on Monday as Bitcoin jumped above $72,000. Can TON hit $10 this week? Toncoin (TON) is one of the altcoins to post huge gains on Monday as the cryptocurrency market savoured Bitcoin’s swift surge to above $72,000. The TON token rose more than 17% in 24 hours to hit a new all -time high of $6.26. Data from CoinGecko shows the price of Toncoin is up more than 120% in the past 30 days. Today’s upside followed Bitcoin’s uptick that unsurprisingly lifted most altcoins, including Ethereum that traded to above $3,600 for the first time in two weeks. As the altcoin market heats up for a potential vertical push, investors confident in what’s driving TON price higher are eyeing greater returns. In the past 24 hours, this outlook has seen Toncoin’s trading volume reach $433 million, an increase of more than 243%. TON’s market cap has as a result of the spike in activity
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