Most of the new tokens launched in 2024 have fared poorly compared to their predecessors. However, institutional investment has helped some succeed.
BlackRock Investment Institute says don’t count on the Federal Reserve slashing US interest rates as much as the bond market expects. They argue that the US economy is still too strong and inflation is still too high for the central bank to make any deep cuts. Market traders are betting on a total of 120
Key takeaways Notcoin ($NOT), a new cryptocurrency tied to a Telegram-based clicker game, has witnessed an extraordinary surge in market capitalization, recently surpassing $2 billion. Introduced on The Open Network (TON) and launched via an airdrop in May 2024, Notcoin rewards users who engage with the game by repeatedly tapping a digital gold coin. This
Binance, the world’s leading cryptocurrency exchange, offers a secure, user-friendly environment for buying, selling, and trading a wide variety of digital assets. And now, there’s an exclusive opportunity to get even more from your experience on Binance — by signing up using our special Binance referral code VA05III2 through this link. By registering with this code,
Fortnite is introducing a LTM (limited time mode) called Day of Doom on 17th September, featuring 32 Marvel characters on two teams. This mode is a part of the Doctor Doom events from Fortnite Chapter 5 Season 4. The new mode was announced by Fortnite in a recent X post. In Day of Doom, Doom’s
Bitfarms will add 10,000 Bitmain T21 miners to a Stronghold Digital facility to increase computing power and diversify its operations. Bitcoin mining firms Bitfarms and Stronghold Digital have entered an The post Bitfarms Will Add 2.2 EH/s of Power to Stronghold Digital’s Facility in October appeared first on Live Bitcoin News .
Dogecoin (DOGE) is holding strong above a key price level after a small market dip on Sunday, putting it at a crucial turning point. The meme coin recently broke out of a monthly downtrend that has kept its price suppressed since late March, signaling a potential shift in momentum. Related Reading: Analyst Predicts AVAX Breakout: Is $30 The Next Target? Analysts and investors are growing increasingly optimistic about DOGE’s latest price action, with some predicting that if Dogecoin breaks above the $0.12 mark, it could trigger a larger rally in the meme coin space. However, the next few days will be critical in determining whether DOGE can lead this rally or if it will need a period of consolidation before pushing higher. As the broader crypto market looks for direction, all eyes are on Dogecoin to see if it can capitalize on this positive momentum and set the stage for further gains. Dogecoin Holding Strong Above $0.10 Dogecoin (DOGE) has been between $0.092 and $0.115 since early August, forming a consolidation pattern many analysts believe signals accumulation by smart money. This consolidation suggests that significant players may be preparing for a potential breakout. Some analysts are particularly optimistic, stating that DOGE is breaking out of a monthly downtrend channel that began in late March when Dogecoin was trading at $0.22. One top analyst and investor, Daan, shared a technical analysis on X showing DOGE breaking through this downtrend line, which presents a new opportunity for meme coin investors. Daan emphasizes that if DOGE holds above the critical $0.105 support and can break above the $0.12 level with conviction, the meme coin could aggressively surge to higher prices. According to Daan, once Dogecoin confirms an uptrend, its price skyrockets rapidly, leaving no room for hesitation. Historically, when DOGE enters such phases, it experiences sharp upward movements accompanied by high volatility. Related Reading: Solana (SOL) Faces Serious Risk After Failing To Close Above Key Level – Details This potential move has drawn attention to Dogecoin, as investors and traders alike are eager to see if it will continue to dominate the meme coin sector. The next few days and weeks will be critical in determining whether DOGE can sustain its momentum and break through these key resistance levels. DOGE Price Analysis Dogecoin (DOGE) is trading at $0.101 after experiencing a 7% dip since Friday. Before this decline, DOGE surged over 22% from local lows on September 6, marking a strong recovery in a short period. Last Friday, the price broke above the 4-hour 200 exponential moving average (EMA) at around $0.103, often seen as a signal of short-term strength. However, despite this move, DOGE has struggled to maintain its position above the 4H 200 EMA, and recent price action has hovered just below this key level. For DOGE to regain bullish momentum, it is essential for the price to reclaim the 4H 200 EMA and hold above it. This would provide short-term support and potentially pave the way for targeting higher prices. On the other hand, if DOGE fails to close above this EMA, a deeper correction is likely, with the next major support level expected around $0.097. Related Reading: Cardano (ADA) Whales Securing Gains After 10% Upswing: What’s Next? As the market remains uncertain, the coming days will be critical for DOGE’s price direction. Investors are closely watching whether it can break back above key technical levels or face further downside pressure. Featured image from Dall-E, chart from TradingView
This edition of Cointelegraph’s VC Roundup features Asylum Ventures’ new fund, as well as startups Puffpaw, Permissionless Labs, Infinit, DRiP, IN1 and DeFi.Gold.
Scammers keep targeting the SHIB community: here's the latest danger.
Natural gas has become the most preferred source of power generation in the United States as electricity consumption increases rapidly. This has been mainly attributed to the advancement of AI and related technologies, which incorporate vast data centers that use much power to function effectively. In the first half of 2024, U.S. power companies announced