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Showing posts from March, 2024

Algotech’s third presale round commences, with over $3.5m raised so far

Key takeaways Algotech has concluded its second presale round , with more than $3.5 million raised so far.  The project seeks to provide AI solutions to the fast-paced world of cryptocurrency trading. The Algotecth presale has been moving smoothly and it recently set another important milestone. Investment in the project continues to grow as the broader cryptocurrency market looks to surge higher in the coming weeks.  What is Algotech? To understand why investors are buying into Algotech, you need to understand what the project is and the solution it offers to users.  Algotech is a cutting-edge decentralized algorithmic trading platform designed specifically for the fast-paced world of cryptocurrency trading. According to their whitepaper, Algotech’s platform comes with advanced algorithms and machine learning features, helping traders to navigate the complex crypto markets efficiently, precisely, and accurately. The project is introducing AI to th

Dogecoin Price Prediction: DOGE Soars 5% Ahead Of Dogecoin Futures Launch On Coinbase, As Doge 2.0 Offers Last Chance To Buy

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The Dogecoin price surged 5% in the last 24 hours to trade at $0.2018 as of 03:23 a.m. EST on trading volume that jumped 51% to $5 billion. This comes as Coinbase Derivatives is gearing up to launch cash-settled futures contract products for Dogecoin, Litecoin, and Bitcoin Cash on April 1. The move by Coinbase is based on the belief that Dogecoin’s longevity in the crypto realm transcends its meme origins, as it has become an essential asset in the industry. Coinbase Derivatives will launch the first leveraged and CFTC-regulated futures contracts for Bitcoin Cash, Dogecoin, and Litecoin in April! Stay tuned to find out when these contracts will be available to trade on our partner platforms. pic.twitter.com/MfUBrjuNsA — Coinbase Institutional 🛡️ (@CoinbaseInsto) March 21, 2024 Dogecoin Price Soars Within The Rising Channel DOGEUSD Chart Analysis Source: Tradingview.com The Dogecoin price has been on a tear this week with a 31% surge in prices, which saw DOGE rise through t

Dogecoin (DOGE) Historical Trend Hints at $1 Pre-Halving

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The digital asset market has seen a host of tokens in the green to start Wednesday. Yet, as March comes to a close, all eyes are on how these assets are situating themselves for the upcoming Bitcoin Halving event. According to one crypto analyst, Dogecoin (DOGE) is showing a historical trend that hints at a $1 price pre-halving. The Halving event is currently slated to take place on April 20th. Moreover, its importance could see a plethora of digital assets surge in price. Following DOGE’s increase of more than 115% throughout March alone, according to CoinGecko, it may well be preparing for a rally that mirrors its legendary 2021 increase. Also Read: Dogecoin & Pepe Prices Pump as New Meme Coin ICO Raises $10m Ahead of Listings Dogecoin Eyeing $1 Amid Bitcoin Halving Event? 2024 has been one of the most important years for the digital asset market. The positive sentiment has been driven by Bitcoin, with the asset reaching an all-time high of $73,000 on the back of S

Crypto Analyst Predicts XRP Price Will Rally 800% To $6, Here’s When

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The XRP price continues to disappoint investors who expect that it would’ve crossed $1 by now since Ripple’s battle with the United States Securities and Exchange Commission (SEC) is nearing its end. However, this has not discouraged investors and traders who believe that there are big things in store for the altcoin. Crypto Analyst Predicts XRP Will Reach $6 Pseudonymous crypto analyst Mikybull has been bullish on the XRP price for a long time, taking to X (formerly Twitter) to, once again, reiterate their stance that the altcoin is going to do well. At the start of March, Mikybull had put forward an Analysis that showed that the XRP price is primed for an over 800% run. Related Reading: Bitcoin Whales Remove A Staggering $2.3 Billion From Exchanges, Is It Time To Buy? At the time, the crypto analyst pointed out that XRP had broken out of a symmetrical triangle, which is bullish for the price. A similar breakout had taken place back in 2017 which led

Shiba Inu (SHIB) Price Prediction: April 2024

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Shiba Inu (SHIB) seems to be turning the tide following the market-wide rally. The popular dog-themed cryptocurrency is up 6.6% in the last 24 hours, 19.3% in the weekly charts, and nearly 208% over the previous month. Moreover, SHIB’s price has risen almost 180% since late March 2023. However, SHIB is still down by 9.6% in the 14-day charts. Source: CoinGecko Also Read: If You Put $1000 In Shiba Inu on Jan. 1, 2024, How Much Could You Make? SHIB’s latest rally could be due to Bitcoin (BTC) reclaiming the $71k level and inching closer to its all-time high. Moreover, BTC’s halving is just around the corner, which could send the original crypto to a new peak. In such a scenario, we may witness other assets hitting new highs. Shiba Inu (SHIB) April price prediction Source: Unsplash According to CoinCodex, Shiba Inu (SHIB) could surge to $0.00004323 on Apr. 1, 2024. However, the platform anticipates SHIB to continue its rally throughout next month, hitting a new all-time high

VeChain Cryptocurrency: Can VET Deliver Profits in April 2024?

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The leading supply chain-based crypto currency VeChain is currency trading around the $0.045 mark in the charts on Tuesday. It’s up close to 20% in the last 30 days and attracted heavy bullish sentiment when Bitcoin topped a new all-time high of $73,737 this month. VET is among the top-performing cryptocurrencies this year and delivered handsome returns to investors who took an entry position in both January and February. Also Read: What Will XRP’s Price Be If Bitcoin Hits $150,000 After Halving? Moreover, VeChain is now cooling down in price after reaching a peak high of $0.050 in mid-March of this month. Crypto currency investors are indulging in profit-bookings and initiating sell-offs making its price remain stagnant in the charts. Source: Coingecko Can VET replicate its success into April 2024 and deliver the same profits to investors as it did this month? In this article, we will highlight if investing in VeChain cryptocurrency is a good option to consider for A

Ethereum Remains Below $3,600 And Continues Its Range

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Mar 25, 2024 at 15:54 // Price Author Coin Idol The price of Ethereum (ETH) falls but remains between the moving average lines. Long-term analysis of the Ethereum price: bearish The altcoin has been trading between the moving average lines over the past week. In other words, Ether is moving between $3,200 and $3,600 price levels. The price movement has been stable as traders enter a period of hesitation. Should buyers keep the price above the 21-day SMA, Ether will return to its previous high of $4,100. Selling pressure will return if sellers take control an

6 Best Altcoins to Invest in Right Now March 24 – Conflux, ONDO, Litecoin

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The approaching Bitcoin halving has caused a buying frenzy, reflecting investors’ confidence in exploring promising tokens with growth prospects. This increase signals a bullish trend, driving attention toward Alt coins among investors seeking diverse investment opportunities. Nevertheless, choosing the right altcoin requires careful research and due diligence. Therefore, this article aims to streamline the process by highlighting several noteworthy alt coins deserving investors’ consideration. 6 Best Altcoins to Invest in Right Now Tokens such as Conflux, ONDO, and Litecoin are attracting significant attention as promising investment opportunities ahead of the anticipated altcoin season. This surge in interest is propelling investor confidence, prompting them to reassess and adjust their investment portfolios actively. Additionally, there is a notable emergence of new Bitcoin whales within the corporate sector. 1. Conflux (CFX) Conflux Network recently kickstarted an innovativ

March Sees Nearly $1 Billion In Ethereum Netflow To Centralized Exchanges – What’s Happening?

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The price of Ethereum has not exactly lived up to its promise as the month has gone on, despite a stellar start to the month. While this bearish pressure has been widespread in the general cryptocurrency market, regulation uncertainty has been an additional concern for ETH, igniting a negative sentiment around the “king of altcoins.” Interestingly, the latest on-chain revelation shows a substantial amount of Ethereum has made its way to exchanges so far in March, suggesting that investors might be losing confidence in the long-term promise of the cryptocurrency. Are Investors Losing Confidence In Ethereum? According to data from CryptoQuant, more than $913 million has been recorded in net ETH transfers to centralized exchanges so far in March. This on-chain information was revealed via a quicktake post on the data analytics platform.

Bots are front-running bots front-running Base meme coins

Bots are front-running other bots in the hopes of front-running meme coin traders. Welcome to the degenerate world of Ethereum layer 2 tokens. Posting to X (formerly Twitter), meme coin trader GK screenshotted four examples of traders building bots to front-run other meme coin traders’ bots. Specifically, a bot is executing an identical sequence of layer 2 blockchain actions across various meme coins on Base, the Coinbase-operated layer 2 atop Ethereum’s layer 1 blockchain. (A layer 2 is a more centralized version of a regular, layer 1 blockchain.) Hahahaha there's a guy on Base launching the most low-effort shitters, adding .8e of liq, then rugging for ~1e around 10min later over, and over, and over again. At first I was pissed but then I realized he's stealing money from launch bots, and it's quite funny pic.twitter.com/hBoPiKjsea — GK (@Grypto_GK) March 21, 2024 Front-running meme coins This clever actor deposits a small amount of capital into a liquidity pool

Dogecoin Up by Nearly 15% in 24 Hours After Coinbase Announces Plans To Launch DOGE Futures Trading

Dog-themed crypto asset Dogecoin (DOGE) is surging after Coinbase announced its plans to launch futures trading for the memecoin. According to a filing by Coinbase earlier this month, the top US-based crypto exchange platform registered with the Commodity Futures Trading Commission (CTFC) to offer DOGE derivatives starting on or after April 1st. “Pursuant to Commodity Futures Trading Commission hereby submits for self-certification its initial listing of the Dogecoin futures contract to be offered for trading on the exchange on or after April 1st.” News of Coinbase’s plan to offer DOGE futures sent the meme asset flying, as it went from a March 20th low of $0.129 to a peak of $0.155, a 20% increase. DOGE has since retraced and is trading for $0.152 at time of writing, an increase of about 15% during the last 24 hours. According to Bloomberg analyst James Seyffart, the U.S. Securities and Exchange Commission (SEC) – which has jurisdiction over securities and not

Here are next potential Bitcoin correction targets to look out for

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Bitcoin (BTC) has made recent unsuccessful attempts to breach the $70,000 mark, leaving the market speculating about the next price trajectory, especially with the upcoming halving event less than a month away.  While there is optimism that the halving will trigger another bullish rally, there remains a segment of the market that is not entirely convinced. In particular, crypto trading expert, Alan Santana , in a TradingView post on March 20 outlined potential correction targets for Bitcoin, shedding light on what could be in store for the maiden crypto. Picks for you AI predicts Ethereum price for end of 2024 2 hours ago Robert Kiyosaki blasts China as ‘foolish’ says stock market is ‘in trouble’ 2 hours ago Cardano adds over 2,000 wallets per day in 2024 3 hours ago What is the best day to buy Bitcoin? 4 hours ago The analyst noted that the recent correction that saw Bitcoin touch the $61,000 mark amid three days of trading in the red, could