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2024-04-26

Popular crypto exchanges(2023 Update) 2024-04-26
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By applying the principles of the Wyckoff pattern, the analyst stated that the stock market was at the stage of Mark-up/Profit Release. As such, it was due for a spike that could make BTC reach $40,000. Source: TradingViewThe price of Dogecoin (DOGE) has jumped by 2.5% in the past 24 hours, rising to $0.063922 as the cryptocurrency market as a whole gains by 3.5% today.This move has enabled DOGE to reenter the top 10 of cryptocurrencies by market cap, with the meme token also up by 5% in a week, while remaning up by only 0.5% in the last 30 days.Given just how oversold DOGE had been in recent weeks, today's rise may be the start of a sustained new rally, with a recovery in market sentiment (as we enter the last three months of the year) helping to push the meme coin up higher in the next few weeks.Dogecoin Price Prediction as DOGE Becomes Top 10 Crypto in the World – Is $1 DOGE Possible in 2023?As with most other major tokens, DOGE is showing plenty of momentum right now, with its indicator becoming more bullish after weeks of overselling.Source: TradingViewIn particular, DOGE's relative strength index (purple) has climbed from under 40 a few days ago to 60 today, and it's looking very likely that it will continue climbing in the coming days, as the coin's price rises higher.At the same time, DOGE's 30-day moving average (yellow) has flattened out and now looks like it will begin climbing again, with the indicator still having plenty of space left to rise towards the 200-day average (blue) until the coin becomes overbought.Capping off the positive picture is the fact that DOGE's support level (green) has shot up in the past couple of days, suggesting that it had truly hit a bottom after weeks of decline.There's fundamental reason as to why DOGE has rallied today, with the main cause simply being the fact that the entire market has rallied after a couple of bad months.Bitcoin has led the charge, while a number of other altcoins have risen by higher percentages than DOGE, which has had relatively modest gain by comparison with others.Still, DOGE had been due to rebound, and it's likely that today's positive reversal could be the beginning of a more sustained recovery, helped on by a gradual improvement in economic data.As for whether DOGE can outperform other major tokens, this question will depend on if and when X (formerly Twitter) will ever introduce cryptocurrency – and particularly DOGE – payments.There's no real indication that this will happen anytime soon, but with X forging ahead with its obtaining of money transmitter licences, it's clear that the social media company wants to move into digital finance.And if DOGE is added in one way or another to X, then it would undoubtedly skyrocket, potentially hitting $0.10 in a matter of days, before moving back up towards $0.3 or higher.New Altcoins With Higher PotentialBecause DOGE is almost entirely reliant on Elon Musk and/or X for its gains, many traders may prefer to expand their portfolios into other altcoins and meme tokens, with a number of presale coins looking especially promising at the moment.One of the most interesting new tokens in the market right now is Meme Kombat (MK), an Ethereum-based gaming platform where users will place bets on AI-generated fights between well-known meme characters.Opened only a couple of weeks ago, Meme Kombat's presale has already raised over $200,000, providing some indication of the enthusiastic response to the new project from the wider cryptocurrency community.What sets Meme Kombat apart from the crowd of new altcoins is its unique mix of battle gaming and gambling, with users rewarded in the form of MK tokens whenver they correctly bet on a certain outcome in the platform's AI-powered meme battles.As a token, MK will have a very limited supply of only 12 million, making it a very deflationary cryptocurrency in the long run.Aside from using it to bet on battles, users will also be able to stake the token, earning them a passive income.50% of the token's overall supply has been reserved for the presale, while another 30% is going towards staking and battle rewards.Meme Kombat has also held 10% of its supply for community rewards, thereby providing its followers with an incentive for engaging with the platform and championing it to other investors.New buyers can join the sale by visiting the official Meme Kombat website, where 1 MK token costs $1.667.It will sell at this price for the entirety of the sale, although it could easily rise much higher once the exciting new token lists on exchanges.Visit Meme Kombat NowDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. Cryptocurrency Trading Platform UK|Crypto BrokerThe BIS has been actively researching CBDCs throughout this year, with multiple studies finding that roughly 90% of central banks are interested in exploring “some form” of CBDCs, as well as how central banks could properly protect “resilient” CBDC systems.Charity campaign Crypto Aid Israel launches fundraising effort following Hamas attacks “Bitcoin, like the spiritual leaders who have come before it in the Middle-Eastern desert, is a miraculous gift capable of transforming an oppressed, forgotten people. The Palestinian economy is a multi-billion dollar economy that unfortunately benefits mostly outsiders. But if Bitcoin were adopted as the official currency, Palestinians would be able to shape their own economic destiny and in so doing their sovereign destiny,” Keiser said.

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Metamask Developer Consensys Requests IRS On Sunday, Kusama took to X social media platform to respond a question from a critic about “SHIB price not moving an inch”. Kusama stated that making the Shiba Inu price move takes a lot of “true work” and that “those who Bark the loudest aren't the ones working.” How Does Zero-Fee Crypto Trading Actually Work?DUCKIES provides a fun and interactive way for users to learn and understand Web3 technologies through frequent competitions, quizzes, and events. This fosters community engagement and support among its members. Diversification: Many cloud mining contracts allow users to mine numerous cryptocurrencies, allowing for portfolio diversification.

The foundation's sale took place at 16:18 UTC+8, where they exchanged 1.7K ETH for a hefty 2.738 million USDC. A peek into the foundation's wallet reveals a balance of 240.68 ETH, 3.238 million USDC, 49,700 DAI and 10,000 ARB, bringing their total assets to a cool $3.687 million. The screenshot below clearly shows that there was a sharp dip in the Base TVL during late September due to the burning of USDC tokens. However, the re-minting of USDC covered the dip. Crypto Trading 101: How to Read an Exchange Order BookIn a recent tweet, crypto educator CryptoBusy explained how a US government shutdown will push investors toward Bitcoin “as a hedge against economic uncertainty.” Recent data from crypto analytics firm Arkham reveals that a staggering $77.35 million in assets passed through Tornado Cash contracts on the Ethereum Mainnet in just the last month.

Established in May, CyberDefender is a project launched by the Cyber Security and Technology Crime Bureau of the Hong Kong Police Force, aimed at increasing local citizen’s awareness of online security risks. In simpler terms, a triangular arbitrage method requires investors to spot the price differences between three cryptocurrencies on the exchange. For instance, purchase Binance Coin (BNB) with Bitcoin (BTC), sell BNB to Ethereum (ETH) and convert the ETH back to BTC. Is Coinhako legal in Singapore?See related article: DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court SOL had been trading within a consolidation channel between $22.20 and $25.55 throughout the past few days. This was after SOL’s price broke above the lower level of this sideways channel on October 1, 2023. Subsequently, the cryptocurrency may enter into a strong move as this accumulation phase approaches its end.

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