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New data reveals meme asset Dogecoin (DOGE) futures have reached a record-setting $1 billion worth of open interest. According to market intelligence platform Coinglass, the dog-themed memecoin has hit an all-time high of $1 billion worth of open interest, or the total number of outstanding derivatives contracts for a given asset. The data unveils that the overwhelming majority of the options contracts were taken out over four major centralized crypto exchange platforms – Binance, ByBit, OKX, and BingX. Together, these four saw a staggering $960 million worth of Dogecoin futures taken out, with Binance and Bybit both contributing over $300 million each. Other crypto exchanges that saw significant activity in terms of DOGE derivatives include Huobi, BitMEX, dYdX, Kraken, and Coinbase. According to data from Coinalyze, which compiles statistics on crypto futures, over the last day, the majority of futures taken out relating to the popular meme asset are long posi

Ripple ’s native token XRP is rallying in the charts this week and touched a new monthly high of $0.60. The leading altcoin is attracting heavy bullish sentiments after Bitcoin climbed above the $62,000 mark on Wednesday. XRP received a large inflow of investments this week as its 24-hour trading volume hit a peak of $3.6 billion. The influx of funds made the cryptocurrency head north delivering handsome returns to investors. Also Read: Dogecoin Forecasted To Surge 250% Source: Coingecko Now that Ripple ’s XRP is in the green, a leading price prediction firm made a bold forecast on the cryptocurrency. The price estimates for the leading altcoin are rosy and investors can make good returns if the forecast turns accurate. In this article, we will provide a price prediction on how high XRP could trade in the next 12 months or more. Also Read: PolkaDot Surges To $8.6: Will DOT Reach $15 Next? Ripple: XRP Predicted To Rise By Another 200% Source – Watcher Guru The Finder’s pan

A popular crypto trader believes that meme assets Dogecoin (DOGE) and Shiba Inu (SHIB) are gearing up for big moves to the upside. The pseudonymous analyst known as Altcoin Sherpa tells his 208,200 followers on the social media platform X that he is bullish on both DOGE and SHIB after their lengthy accumulation phases. However, he warns that he doesn’t think either memecoin will return to its all-time highs (ATH). “DOGE and SHIB will never experience the same insane growth they did back in 2021, simply due to the market cap now. Both of those coins are established big caps (literally) and are more going to trade like big liquid coins that you can do on any big CEX (centralized exchange). With that said, DOGE and SHIB both ironically look like extremely good charts. Both have had almost two years in accumulation and I expect both to have huge runs sometime this year in 2024-2025. But I’m planning to just wait for the first big move before hopping on the train and

As Bitcoin skyrockets, surpassing $57,000 and reaching a two-year pinnacle, meme coins are enjoying a resurgence in the cryptocurrency market. These digital tokens, often linked with internet culture and humor, are attracting significant investor interest amid the blockchain industry’s rapid expansion. FLOKI, PEPE, and WIF are three coins that have captured the attention of many. Surge of Meme Tokens Following Bitcoin’s surge, meme tokens within Ethereum and Solana ecosystems, such as PEPE and WIF, are witnessing notable rallies. FLOKI, a well-established meme coin, is making strides, signaling a broader market trend. Investors are flocking to meme coins as they see them as a way to invest in the growth potential of blockchain networks. With decentralized applications (DApps) gaining traction and blockchain technology becoming increasingly prevalent across various sectors, meme coins serve as speculative assets intertwined with the broader narrative of blockchain advancement.

The presale for Green Bitcoin ($GBTC) continues to shine after crossing the $700,000 milestone this week. Investors are rushing to the Gamified Green Staking concept behind the project that allows users to earn rewards for accurate Bitcoin price predictions. Some anticipated 50x returns for the project as its staking concept will likely cause a supply shock on the open market, forcing newcomers to pay higher prices to get involved in Gamified Green Staking. Here’s everything you need to know about this green Bitcoin price prediction ecosystem. Green Bitcoin Raises $700K As Presale Hype Grows. The hype behind the Green Bitcoin presale continues to grow after the project crossed the $700,000 milestone today. Green Bitcoin is a project that allows its users to predict the price of Bitcoin and earn huge long-term rewards for accuracy. The project combines the legacy of Bitcoin with the eco-friendly blockchain of Ethereum to give birth to a passive income ecosystem. The passive inc

Research report shows the metaverse will inject $15 billion into GCC countries by 2030. According to the report, the metaverse is projected to transform how GCC residents carry out basic engagements. The technologies underpinning the GCC metaverse program are VR, AR, Blockchain, and Haptic Technology. According to a Strategy and PwC report, the metaverse industry will inject $15 billion into GCC (Gulf Cooperation Council) countries by 2030. The report noted existing metaverse initiatives in Saudi Arabia and the United Arab Emirates that could extend to the rest of the region. Strategy and PwC noted the GCC aims to explore the “enormous possible impact” of the metaverse in energizing and transforming various sectors in their economies. The report highlighted the potential of the metaverse to provide a world of possibilities. It argues that this potential does not stop at next-generation gaming and internet shopping. The report’s viewpoint is for the metaverse

The Ethereum network underwent a dramatic transition from the proof-of-work mining model to the proof-of-stake model on September 15, 2022. With an astounding 99.95% decrease in energy use, this much-anticipated change has ushered in a new era of sustainability and environmental friendliness in the blockchain sector. Ethereum has displayed notable growth recently. It is trading at $3,104 at press time, with a 6.6% surge in value over the last seven days. ETH is up by 94% year-to-year. Let us look at the price prediction for Ethereum for March. Also read: Cryptocurrency: 3 Coins That Could Surge in March Source: CoinGecko Ethereum price prediction for March Cryptocurrency experts at Changelly have predicted the price of ETH for March. According to the analysts, ETH is forecast to reach a minimum of $2,909 and a maximum of $3,207. The average price of Ethereum is expected to be $3,058. However, the predictions suggest that ETH may hit $3,200 in March. With a major upg

Floki Inu and TokenFi break into the mainstream on CCTV5 during ITTF, marking a significant moment for cryptocurrency visibility. Similar market patterns for Floki Inu and TokenFi suggest a potential for significant movement, drawing investor interest. Floki Inu’s recent stability amidst volatility sparks discussions on its market potential and ability to surpass resistance levels. The cryptocurrency world witnessed a significant moment as Floki Inu (FLOKI) and TokenFi (TOKEN) secured a spot on China’s esteemed national sports TV channels, CCTV5 and CCTV5+. The feature, part of the ITTF World Team Table Tennis Championships Finals in Busan 2024, reached an audience exceeding 340 million.  $FLOKI and $TOKEN have been featured on China's national sports TV channels CCTV5 and CCTV5+ to an audience of over 340 million people This is as part of the ITTF World Team Table Tennis Championships Finals Busan 2024, making Floki and TokenFi among the very few… pic.t

The cryptocurrency market is seeing a rise in popularity for meme coins, as exemplified by the recent launch of Smog. Additionally, Bitcoin Minetrix, and Scotty the AI are currently in the presale stage, generating hype as potential high-performing cryptos in 2024. By participating in presales, investors can acquire new tokens at a discounted price before they are listed on exchanges, potentially leading to significant profits. Scotty the AI (SCOTTY) Scotty the AI, distinguishes itself as a meme token with a playful canine theme. The intriguing aspect lies not just in its identity as a dog-themed cryptocurrency but also in the enticing prospect of buying and staking for an estimated 147% reward. This combination of whimsy and potential profitability makes Scotty the AI a standout in the crowded crypto space. As of the present, Scotty the AI is in its seventh public round, set to conclude in nine days. Impressively, the presale has already raised $773,000, indicating a strong inter

The XRP community is known to project a strong standard output towards Ripple ’s price. Per the community’s latest price forecast, XRP could soon break past the $1.40 price target.  According to a Twitter user, Egrag Crypto, XRP is poised to reach the ambitious $1.40 if it follows the usual hierarchy of stable price ascents.  Also Read: Filecoin Price Surge: Here’s Why FIL is Surging at a Record Speed XRP to reach $1.40?  Source – Tin Tức Bitcoin According to Egrag Crypto, XRP could soon pass through the four stages of wicking, ranging, consolidation, and bullishness to reach its price target of $1.40.  Egrag Crypto backed his claims by presenting a graph on X, adding how XRP’s current stance could transform its price metrics.  The analyst was also quick to predict a spike above $0.60 in the XRP price this month. #XRP Color Code To $1.4 (UPDATE): In this thread, we'll closely examine the price behavior of #XRP across various time frames within this Whitish-Blue Cir

The Shiba Inu (SHIB) ecosystem has gotten a massive boost in technical data today as its whale transactions have increased more than 450%. Moreover, the network has also seen a notable increase in activity. Specifically, daily activity has surged more than 25% in the last 24 hours. According to data from IntoTheBlock, large transactions over the last day have increased 454.16%. Subsequently, that figure has eclipsed the $112 million mark, with 34 transactions worth more than $100,000 taking place in that period. Conversely, bulls are working diligently to eliminate a zero and regain the $0.00001 mark. Source – Token Metrics Also Read: You Can Become a Shiba Inu Millionaire, But This Needs To Happen Shiba Inu Sees Big Activity Boom Along With Large Transaction Boost Throughout the digital asset sector, meme coins have increasingly become some of the industry’s most popular. Indeed, the market has sought ways to increase utility and decrease volatility. Amid those efforts, Sh

NigeriaCoinbase has refuted claims of receiving directives to block Nigerians from its platform. Numerous reports claim the Nigerian government has ordered the blockage of crypto trading platforms. Coinbase’s CEO emphasized that its exchange remains accessible to Nigerians. Prominent U.S. base exchange Coinbase has refuted claims of receiving any directives from the Nigerian government to restrict its citizens’ access to the platform. This denial came through a recent statement from the CEO of Coinbase, Brian Armstrong, via the social media platform X. Armstrong responded to a report claiming the Nigerian government had blocked its citizens’ access to three prominent crypto trading platforms, including Coinbase, Binance, and Kraken. “This is inaccurate with respect to Coinbase, as far as I can tell. Coinbase products are still operating (no interruption). We haven’t received any outreach or communication from officials in Nigeria,” Armstrong remarked.

Warren deems Deaton a “threat” in the Massachusetts Senate race. Warren has been pushing for crypto regulation, while Deaton champions blockchain innovation. Massachusetts primaries on Sept 3, 2024, will decide the fate of Warren and Deaton’s showdown. In a fierce political battleground, Senator Elizabeth Warren of Massachusetts has deemed her Republican opponent, John Deaton, a formidable “threat” as she mobilizes supporters to secure her seat. Deaton, a notable pro- XRP attorney from Rhode Island, announced his appetite for the Massachusetts Senate seat about a week ago, setting the stage for a compelling Senate race. Warren’s concerns and fundraising appeal Senator Warren wasted no time expressing her concerns about Deaton’s campaign, criticizing his out-of-state origins and questioning his ability to represent Massachusetts effectively. The “Warren for Senate” campaign emails, revealed recently, emphasize the urgency of supporting Warren financially

Binance Labs, the venture capital arm of Binance, has invested in Renzo. Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for Ethereum restaking protocol EigenLayer. Binance ’s venture capital arm has announced it invested in Renzo, a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. Binance Labs’ announcement that it invested in Renzo comes on the same day as news of venture capital firm a16z’ $100 million investment in EigenLayer. EigenLayer is an Ethereum restaking protocol with a TVL of of $7.8 billion as of February 22, 2024. Read more: a16z invests $100 million in Ethereum restaking protocol EigenLayer . Binance Labs seeks to boost Liquid Restaking space Renzo Protocol is the liquid restaking hub for EigenLayer, with its technology key to the trustless collaboration between various ecosystem players on EigenLayer. Binance Labs seeks to help stakers, node operators and Actively Validated Services (AVS) on Renzo collabor

Shiba Inu is currently trading at $0.000009647 and is on the verge of deleting its fifth zero. SHIB is on a slippery slope as it’s struggling to knock out its fifth zero for more than four months. The development is testing the patience of investors as the dog-themed token has been relentlessly down for the last two years. The token is yet to experience a bullish trend like it did in early and late 2021. Also Read: Shiba Inu Trader Makes a Fortune With SHIB Considering all these scenarios, can Shiba Inu reach the $0.0001 mark by June 2024 and consecutively delete two zeroes? In this article, we will highlight when SHIB could reach the $0.0001 milestone. SHIB: Will Shiba Inu Hit $0.0001 By June 2024? Source: Pixabay Leading on-chain metrics and price prediction firm Changelly predicts that Shiba Inu will not reach $0.0001 by June 2024. So when will Shiba Inu reach a new all-time high and hit the $0.0001 price threshold? According to Changelly, SHIB could climb above the $0.0