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Showing posts from September, 2024

Former Binance CEO Changpeng Zhao Shares Future Plans In First Tweet After Prison Release

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Former Binance CEO Changpeng Zhao has shared his future plans in his first lengthy tweet since his release from prison after serving a 4-month sentence. “Gm, the food taste so good…,” Zhao said in the Sept. 29 post. ”And what a luxury to be able to have more than one piece of fruit per day!” Changpeng Zhao Taking A Brief Break Before Future Endeavors The billionaire said that he will “chill for a bit” before figuring out what he will do next. He remains optimistic about what the future holds, and believes that the future always offers more opportunities than the past. In the post, he shared that he will be focusing on Giggle Academy , which so far has “been going well.” This educational initiative will be one of his main focuses going forward, with Zhao saying that it will be a “big part” of his life for the next few years. The former Binance CEO will also be dedicating more “time and funding” to charit...

Legendary Trader Peter Brandt Says Dogecoin Breaking Out, Sees Long-Term Constructiveness for DOGE

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Veteran trader Peter Brandt says that Dogecoin (DOGE) is set for more upside price action after printing a textbook breakout pattern. Brandt tells his 741,000 followers on the social media platform X that DOGE is in the middle of breaking out from a nearly seven-month-long downward channel. The trader also says that DOGE looks good on the long-term time frame as well. He shares a chart suggesting that DOGE found solid support at the $0.05 level during the bear market and is getting ready for another leg up after cooling off from its breakout in March. “Channel breakout in DOGE/USDT Longer-term chart could be constructive as well Get along little doggie.” Source: Peter Brandt/X At time of writing, DOGE is trading at $0.129, up nearly 4% on the day. Looking at Bitcoin (BTC), Brandt says he still isn’t convinced the crypto king has exited a six-month-long bearish sequence of lower highs and lower lows. The trader believes that Bitcoin will only...

5 Uprising iOS Apps to Mine Crypto in 2024

worldwide and allowing mobile users to mine Pi coins without draining battery or harming the environment. Pi Network aims to restore actual power to the public with its 35+ million active user base and new mining mechanism allowing anyone to mine Pi straight from their smartphone. It’s no surprise that the   PiNetwork price   is a steady one. Pi's blockchain guarantees transactions via a mobile meritocracy system and a complete Web 3.0 experience whereby community developers may create distributed apps (dApps) for millions of users. ECOS Established in 2017, ECOS is a finance startup aiming at blockchain and crypto development. It promises complete legality and security of your money as well as access to all safe investing and asset management solutions. Its present working projects include cloud mining, ASIC mining, investment portfolios, and bitcoin trading. It also offers the Growth Signals feature, which aims at guiding its users across the crypto industry. T...

Hamster Kombat Hype Turns To Gripes After HMSTR Token Plummets On Launch

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The hype around Telegram clicker game Hamster Kombat quickly turned to gripes after the HMSTR token imploded on launch and players slammed the project’s airdrop. The HMSTR token slumped as much as 50% after listing on major crypto exchanges yesterday as frustration over the project erupted on social media platforms. “You gave me dust after 4 months,” said one X user while venting his frustration towards the airdrop . ” I am killing hamsters, rats, rabbits or anything that looks like a hamster.” HMSTR is trading at $0.006655 as of 10:07 a.m. EST, down 26% from its launch price. It has a market capitalization of $428 million, making it the 423rd biggest crypto, according to CoinMarketCap. Hamster Kombat Players Criticize The Team For HMSTR’s Unfair Distribution Hamster Kombat distributed 60 billion HMSTR tokens, which is 60% of the crypto’s supply, through multiple tier-...

Proof-of-Stake vs Proof-of-Work: Which Is More Sustainable?

Proof-of-Stake vs Proof-of-Work: Which Is More Sustainable? As blockchain technology continues to evolve, the debate surrounding the sustainability of different consensus mechanisms has gained significant attention. The two leading systems in question are Proof-of-Work (PoW) and Proof-of-Stake (PoS). Each consensus model serves as the backbone of different blockchain networks, ensuring security, verification, and decentralization. However, their environmental impacts, energy consumption, and scalability differ drastically, raising the question— which is more sustainable. Understanding Proof-of-Work (PoW) Proof-of-work is the original consensus mechanism, first introduced with Bitcoin in 2009. It requires miners to solve complex cryptographic puzzles to validate transactions and add them to the blockchain. The first to solve the puzzle is rewarded with cryptocurrency, incentivizing continuous competition among miners. However, this competition comes with a massive energy requirement. Sp...

Dogecoin Whales Pocket 1.40 Billion DOGE: 20 Cents Incoming?

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It looks like the meme coin market was seeing notable activity. Dogecoin (DOGE) saw a major uptick in terms of whale activity. The surge in whale activity indicates that big investors are entering the market, which might lead to more volatility. It should be noted that whale transaction volumes often peak before possible big price moves. Whales often follow through on their large movements on DOGE, and the market does, too. Also Read: Ethereum Unlikely To Hit ATH In 2024, 85% Polymarket Traders Bet Against It According to prominent analyst Ali Martinez, Dogecoin whales went shopping over the past two days. The expert revealed that these whales purchased more than 1.40 billion DOGE tokens within a span of 48 hours. It should be noted that this was worth 140 million. Source Also Read: Bitcoin: BlackRock Buys $184 Million Worth Of BTC In One Day How is Dogecoin Faring? Whales often make big purchases when the price of an asset dips. On the contrary, DOGE was seen enjoying an uptick. Over ...

PayPal Enables US Businesses to Buy, Sell, and Hold Cryptocurrency

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PayPal has officially enabled businesses in the United States to buy, sell, and hold cryptocurrency. Business merchants will now be able to execute various crypto transactions directly from their PayPal business accounts. The functionally is now available in 49 of the 50 states, only excluding New York. The move marks yet another step into the digital asset sector for the digital payment platform. Moreover, the development is a step towards increasing the potential adoption of the asset class within the United States. JUST IN: PayPal enables US businesses to buy, sell, and hold cryptocurrency. — Watcher.Guru (@WatcherGuru) September 25, 2024 Also Read: PayPal Announces New Partnership With Crypto Bank Anchorage PayPal Announces US Businesses Can Buy and Trade Crypto Few traditional finance entities have been as outspoken in their advocacy of crypto as PayPal. The platform launched its very own PYUSD stablecoin earlier this year. Now, they are taking a massive step forward for Uni...

Popcat Price Prediction: POPCAT Soars 11% As This PEPE Upgrade Bolts Past $15 Million In Presale

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The Popcat price surged 22% in the last 24 hours to trade at $1.01 as of 03:59 a.m. EST on trading volume that skyrocketed 48% to $134 million. Popcat Price To Continue Soaring The Popcat price has been on a sustained bullish run in September, soaring through the rising channel pattern as the bulls aim to sustain the trend. According to data from GeckoTerminal, the bulls capitalized on the $0.53 support to propel the price of Popcat up. POPCAT is now trading above the 50-day and 200-day Simple Moving Averages (SMAs), affirming the bullish momentum. The current positive momentum is further supported by the Moving Average Convergence Divergence (MACD), which now trades above the neutral line. The blue MACD line also crosses above the orange signal line, a representation of a bullish crossover, which now shows that the token could still be on a bullish rally. If the momentum continues, the price of Popcat pay continue soaring, as the bulls currently target $1.25. POPCATUSD ...

Toncoin: How High Can TON Rise on September 30, 2024?

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The Toncoin (TON) network has been subject to increased drama over the past few weeks. Over the past month alone, TON dipped by 2%. This is a fairly dainty drop, considering Telegram’s Pavel Durov was arrested. It looks like this arrest did not bother the cryptocurrency community, which continued showing interest in the TON network through its price change and network activity. Also Read: 3.5 Million Weddings in India Could Push Gold Prices Higher in Nov-Dec Toncoin’s Recent Performance And Future Predictions Like the rest of the market, the altcoin surged nearly 3% over the last seven days. Following a slight setback at press time, TON was trading at $5.59. Source Increased Network Activity According to data from IntoTheBlock, the Toncoin network was recording increased activity. The total number of addresses in the network witnessed a major spike over the last couple of weeks, which was noticed during Durov’s arrest. Source Also Read: Q4 Price Analysis – Bitcoin, Et...

NEAR Price Prediction: NEAR Jumps 9%, But Traders Shift To This Red Hot ICO Before Its Imminent DEX Listing – Next Rollbit Coin?

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The NEAR price jumped 9% in the last 24 hours to trade at $5.3 as of 03:15 a.m. EST on trading volume that skyrocketed 58% to $748 million. The NEAR surge came as AI crypto rallied with a 10% jump led by Synesis One (SNS), NEAR, and Internet Computer (ICP) after supportive comments from presidential candidate Kamala Harris and OpenAI founder Sam Altman. NEAR Price To Continue Soaring The NEAR price has been on a downtrend since August 24, as NEAR plunged from the $5.2 resistance zone to the $3.48 support zone, according to data from GeckoTerminal . This support level allowed the bulls to stage a trend reversal, pushing the price of NEAR back to the resistance, forming a rounding bottom pattern. The bulls aim to capitalize on this pattern to push the price even higher. NEAR price now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the bullish sentiments. Additionally, the Relative Strength Index (RSI) is also soaring above the 70-overbought regio...

What to expect at Caroline Ellison’s sentencing tomorrow

Caroline Ellison, the former CEO of Alameda Research, is set to be sentenced by a Manhattan federal court tomorrow. Ellison has previously pled guilty to conspiring to defraud FTX customers alongside her ex-romantic partner and boss Sam Bankman-Fried (SBF). Bankman-Fried was sentenced in April to 25 years in prison. Now 29 years old, Ellison has pleaded guilty to two counts of conspiracy to commit wire fraud, each with a maximum prison sentence of 20 years; two counts of wire fraud , each with a maximum sentence of 20 years; one count of conspiracy to commit money laundering with a maximum sentence of 20 years; one count of conspiracy to commit commodities fraud with a maximum sentence of five years; and one count of conspiracy to commit securities fraud with a maximum sentence of five years. Despite the severity of her crimes and the staggering tally of maximum sentences, practical guidelines and her extensive cooperation with authorities mean that Ellison might not actually s...

Kamala Harris Backs Crypto And AI In First Public Comments On Industry

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US Vice President and Democratic candidate for president Kamala Harris made her first public statement on crypto, vowing to encourage investment in both the growing digital asset and artificial intelligence (AI) sectors. “We will encourage innovative technologies like AI and digital assets, while protecting our consumers and investors,” Harris said at a fundraiser at Cipriani Wall Street in Manhattan, according to a Sept. 22 report by Bloomberg. ”I will bring together labor, small business founders and innovators and major companies. We will partner together to invest in America’s competitiveness, to invest in America’s future.” Experts See Harris Comments As A Positive Sign Several industry experts have shared their opinions about Harris’s first comments on crypto since she became the Democratic Party’s presidential candidate. “This is an important and constructive statement from @KamalaHarris,” said Coinbase’s p...

Investor Chris Burniske Says Crypto Emerging From ‘Early Bull’ Reset, Sees Favorable Conditions for Asset Class

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Digital asset veteran Chris Burniske thinks the crypto market looks ready for a new bull run after witnessing months of correction. The former crypto analyst at ARK Invest says on the social media platform X that digital assets have sufficiently cooled off after rallying from late 2023 to early 2024. He shares a chart posted by Real Vision analyst Jamie Coutts to suggest that technical conditions are ripe for fresh surges. “Crypto’s now emerging from a textbook ‘early bull’ reset. While the path remains volatile, don’t get shook, and it’s not too late if you’re sidelined.”  Source: Jamie Coutts/X Looking at the overall landscape for crypto, Burniske says conditions are aligning in favor of the asset class. “It’s not just favorable rates and liquidity that are promising for our asset class, it’s maturation of the infrastructure, builder experimentation with apps, and continued user growth with act...

Crypto Zeus Reviews Fastest-Growing Multi-Chain Meme Coin Presale Raising Over $1.4 Million

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Crypto Zeus reviewed the latest multi-chain meme coin, Crypto All-Stars, which has impressively raised $1.4 million in its $STARS token presale. The initiative is quickly becoming a standout project and drawing significant attention from investors, signaling strong interest in its unique value proposition. Crypto All-Stars introduces the first unified staking platform dedicated to meme coins, allowing investors to stake top meme coins and earn substantial returns. This article will explore the Features of this new meme coin project and explain why it stands out as one of the top crypto presales to consider right now. How Crypto All-Stars Is Bringing Utility and Stability to Meme Coins with MemeVault Traditionally, meme coins have largely depended on community hype for their valuations, leading to significant price fluctuations. However, Crypto All-Stars sets itself apart by offering real utility through two unique staking options: MemeVault and $STARS staking. MemeVault is a multi...

Dogecoin (DOGE) To Outshine Bitcoin (BTC), Analyst Confirms

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The race among the top ten cryptocurrencies continues. While Bitcoin (BTC) has reigned the industry for the longest time, things could change. BTC is the world’s largest cryptocurrency regarding price and market cap. However, an analyst made news after highlighting the possibility of Dogecoin (DOGE) taking over the cryptocurrency market. Also Read: PEPE Investor Secures $1.67 Million Through NEIRO, Here’s How Analyst’s Prediction And Market Dynamics Source Dogecoin’s Potential To Surpass Bitcoin According to an X analyst who is going by the handle Master Kenobi, Dogecoin will surpass Bitcoin by 2025. He does not, however, refute the king coin. The expert believes that Bitcoin will create the foundation for DOGE to take control. The analyst’s assertion appears to be supported by Dogecoin’s past performance and community-driven momentum. But Bitcoin saw a major rise in dominance this year. BTC rose by 135% throughout the past 12 months. Meanwhile, DOGE surged by a mere 72%. Al...