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Showing posts with the label altcoins

Bitcoin goes up, altcoins go down: analyst explains

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The price of Bitcoin (BTC) has surged over the past day, increasing its price by nearly 10% to over $19,500. Meanwhile, most major altcoin s like Ethereum (ETH) have continued their downward trajectory. According to crypto analyst Jason Pizzino, this divergence between Bitcoin and altcoin s is expected in the current market cycle. In his latest YouTube video, Pizzino explains why Bitcoin’s price increase does not necessarily signal a broad recovery for the crypto market yet. The analyst notes that while Bitcoin successfully tested a key resistance level around $19,400, it needs to consolidate above that level before confirming an uptrend. When it comes to altcoin s, Pizzino points out most major cryptos are hitting new lows against Bitcoin. You might also like: Charles Hoskinson: Bitcoin has a governance problem Ethereum in particular has broken below key long-term support levels on its Bitcoin pairing, indicating weakness. Pizzino believes the ETH and BTC pairi...

Shiba Memu stands out as investor buying power hits 6-month high

Shiba Memu presale has hit $3.6 million as more investors buy into AI meme coin. Meanwhile, stablecoin on exchanges is at a 6-month high, led by massive whale deposits. What does spike in exchange buying power means for crypto, Shiba Memu? Although the crypto market is still largely in the accumulation phase amid the latest price movement, analysts are pointing to on-chain data to suggest a bull run might not be that far off. That has to do with an uptick in exchange holdings of the stablecoin Tether (USDT), a metric that has historically coincided with fresh opportunities for crypto investors. What does this strong bullish flip mean for Shiba Memu, a new crypto project that has raised nearly $3.6 million in its recently launched presale? Investor buying power jumps 7%, what it means As Bitcoin broke above $28k earlier this week, on-chain data shared by market intelligence platform Santiment pointed to a significant change in invest or sentiment. This is d...

OWN Introduces Crash, The Fifth Game In Their Gaming Ecosystem With Huge Profit Potential!

One World Nation, a leading global gaming platform, has  launched its highly anticipated new game, “Crash.”  Combining adrenaline-pumping action with the potential for substantial returns, “Crash” takes players on an exhilarating rocket ride where timing is everything. A Rocket Ride to Excitement and Profits One World Nation, a platform that is becoming increasingly popular lately, has released its fifth game titled “Crash,” a rocket ride to excitement and profits, which is currently in beta. In “Crash,” players find themselves in control of a rocket that ascends continuously until it suddenly comes to an abrupt halt with a resounding “Bang.” The rocket’s ascent is accompanied by an increasing score multiplier, allowing players to multiply their winnings exponentially up to 20X! However, the game’s suspense lies in knowing when to “Cash in” before the crash occurs, as failure to do so will ...

TRON DAO Team Leaves Consensus 2023 with Crypto Expectations High

Tron g>Geneva, Switzerland, May 2nd, 2023, Chainwire. Tron g> The TRON DAO team was in full force at Consensus 2023 in Austin, TX from April 26 to 28, 2023. TRON was a “5 Blocks” sponsor this year, offering the highest tier of support. The quote, “I like to say I live in Austin, Texas because I can live where I want to,” is attributed to movie star Matthew McConaughey. For one week, the capital of Texas, the self-declared “Live Music Capital of the World” became the “Crypto Capital of the World.”   Tron g>What Is Tron g> Tron g>Consensus Tron g> Tron g>?  Tron g> “Consensus is the world’s largest, longest-running, and most influential gathering that brings together all sides of the cryptocurrency, blockchain, and Web3 community,” its website declares. Since 2015, the conference has empowered “calibration, collaboration, and resolution for thousands of professionals and builders from around the world forging the future of finance and the new digital econom...