Popcat emerged as the top gainer of the day, fueled by improved community sentiment and a notable jump in its futures open interest. Popcat (POPCAT) is up 13.6% in the past 24 hours and is trading at $1.37 at the…
Popcat emerged as the top gainer of the day, fueled by improved community sentiment and a notable jump in its futures open interest. Popcat (POPCAT) is up 13.6% in the past 24 hours and is trading at $1.37 at the…
Ripple faces SEC appeal targeting personal sales by Garlinghouse and Larsen, claiming securities law breaches.
The investor minted Daram and Frogs tokens for free, earning substantial profits. He successfully navigated high gas fees to capitalize on market opportunities. Continue Reading: Investor Gains Over $550,000 from Daram and Frogs Tokens in Just Six Days The post Investor Gains Over $550,000 from Daram and Frogs Tokens in Just Six Days appeared first on COINTURK NEWS .
The investor generated over $550,000 through Daram and Frogs tokens. They minted billions of tokens with relatively low gas fees. Continue Reading: Investor Profits Over $550,000 from Daram and Frogs Tokens The post Investor Profits Over $550,000 from Daram and Frogs Tokens appeared first on COINTURK NEWS .
A trader achieved significant profits through strategic token minting. The investments highlight profitable opportunities in the cryptocurrency market. Continue Reading: Investor Achieves Over $550,000 Profit from Free Token Minting The post Investor Achieves Over $550,000 Profit from Free Token Minting appeared first on COINTURK NEWS .
On October 17, Kraken introduced Kraken Wrapped Bitcoin (kBTC), a new ERC-20 token aimed at increasing Bitcoin’s utility across decentralized applications (dApps) on networks such as Ethereum and OP Mainnet. Each kBTC token is backed 1:1 by Bitcoin and held in custody at Kraken, allowing users to engage with Bitcoin’s value within the decentralized finance
On October 18, COINOTAG reported the introduction of dGEN1 by EthOS, an innovative hardware solution designed for seamless interaction with on-chain decentralized applications (dApps). Positioned as the “first on-chain daily
Henrik Zeberg, a macroeconomist known for his expertise in business cycles, has pinpointed an upcoming rally of at least 60% for the Bitcoin price in his latest technical analysis. The seasoned analyst has identified a pattern across three critical technical indicators that have historically signaled major upward price movements when all aligned. Bitcoin Price Set For Next Bull Run Zeberg highlights the Relative Strength Index (RSI), which is traditionally used to assess whether an asset is overbought or oversold. Currently, the RSI is positioned above the 50 mark, which often indicates growing bullish momentum. More importantly, the RSI has broken above a descending trendline that previously capped momentum, a shift that typically precedes robust price increases. Related Reading: Massive Bitcoin Move Imminent: 7 Key Reasons Behind The Bullish Outlook Alongside the RSI, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover. This event occurs when the faster moving MACD line, depicted in blue, crosses above the slower signal line, shown in red. This crossover is a traditional signal used by traders to confirm a potential reversal from bearish to bullish market conditions. Zeberg’s emphasis on this crossover is consistent with its recognized predictive value in signaling the start of a bullish phase. The third indicator, the Relative Vigor Index (RVGI), is lesser-known but no less critical. This indicator is also experiencing a bullish crossover, marked by the green line overtaking the red line. The RVGI measures the vigor of price movements and its crossover is indicative of a strong bullish undertone. The chart provided by Zeberg is annotated with several instances where these conditions were met in the past, each followed by significant price rallies. These include surges of +318% in 2019, +824% in 2020, +70% in late 2021, +64% in January 2023, and +176% in the second half of 2023, indicating not just minor increases but substantial bull runs. The historical context adds weight to the current setup, suggesting that a similar outcome may be on the horizon. Related Reading: Bitcoin’s Bull Rally Hinges On $57K Support Level—Here’s Why It Matters Zeberg has pointed out that each time Bitcoin has shown this configuration of technical indicators, it has led to rallies of no less than 60%.” Every time we have seen a confirmation of the three following indicators, BTC has rallied and by minimum 60%,” Zeberg writes. His confidence in this pattern is evident as he describes the potential for what he calls a “Blow-Off Top,” a term that suggests an intense and rapid increase in price. As reported by NewsBTC, Zeberg forecasts that a US recession is unavoidable, yet it will be preceded by a significant surge in financial markets, which includes a major rally in Bitcoin, potentially reaching between $115,000 and $120,000 in a “Blow-Off Top” scenario. At press time, BTC traded at $67,956. Featured image created with DALL.E, chart from TradingView.com
Key deadlines for crypto-asset regulation are approaching, as Cyprus’ regulator announced that the EU’s Markets in Crypto-Assets Regulation (MiCAR) will take effect for service providers by December 2024, with registration closing by October. Providers already registered may operate until mid-2026 or until their authorization status is determined, marking a major shift in crypto compliance across