This significant leap forward in processing power leads to questions about Bitcoin’s legendary security, unbroken for 15 years since the genesis block.
Bitcoin maintains an upward trend at $105,135 according to Kevin Svenson. The MACD indicator suggests strong bullish signals for Bitcoin's price movement. Continue Reading: Kevin Svenson Analyzes Bitcoin’s Positive Trends and Key Support Levels The post Kevin Svenson Analyzes Bitcoin’s Positive Trends and Key Support Levels appeared first on COINTURK NEWS .
The second stop of HTX DAO’s “Confidence Journey” in China concluded successfully on December 13, 2024. The event, hosted by HTX DAO and co-organized by the SUNDOG Community, Balance, and HTX, featured prominent figures like Jiang En, founder of the China DOGE Association; Cheng Qian from the DOGE community; and Molly, spokesperson for HTX DAO. Attendees discussed key topics, such as the Dogecoin ecosystem’s development, investment opportunities, and emerging cryptocurrency trends. HTX DAO Partners with Dogecoin Community to Create a Meme-Friendly Exchange $DOGE has once again garnered attention, fueled by the favorable news of Donald Trump’s election as U.S. president and Elon Musk’s key role in shaping political and economic decisions in Trump’s administration. Since its inception in 2013, Dogecoin has weathered several market cycles. With its current momentum, some predict it could surpass previous highs and hit a market cap of $100 billion, potentially reclaiming its position as the most significant meme coin in the crypto space. The popularity of $DOGE suggests that traditional metrics, such as market capitalization, are no longer the sole indicator of value. “Meme” culture has become increasingly significant. The collaboration between HTX DAO and the Dogecoin community represents more than a simple connection; it signifies a broader movement toward decentralized ecosystems, pushing boundaries and exploring unlimited possibilities. During the event, Cheng Qian and Molly stated their mutual objective: collaborating on key areas like community governance, R&D, and ecological applications to foster a more open and inclusive decentralized ecosystem. This partnership aims to deliver greater value and innovation to global users while establishing a model for win-win cooperation within the cryptocurrency industry. The planned collaborations include: 1. Enhancing Cross-Community Interaction and Engagement: Joint events, online and offline exchanges, and active engagement on social platforms will strengthen ties between the two communities. 2. Optimizing Decentralized Governance: Collaborative initiatives will refine decentralized governance mechanisms, establishing a more transparent and effective decision-making process. This includes innovative approaches to governance proposals, equity allocation, and key decisions, ensuring all community members’ views and interests are considered. 3. Expanding the Utility of $DOGE and $HTX: The partnership will focus on elevating the ecosystem value of $DOGE and $HTX. More efforts will be made to enhance the practical application of $DOGE and $HTX, such as promoting collaboration within the Web3 ecosystem, expanding use cases in more payment scenarios, and driving deeper integration into the DeFi space. Cheng Qian and Molly also stated that they would work together to make HTX a more welcoming and beneficial exchange for users interested in meme coins, and empower the sustainable growth of the meme coin ecosystem. Co-Building and Sharing the Crypto Space: HTX DAO and HTX Committed to Driving Industry Progress During the event, Molly shared the latest developments of HTX DAO and $HTX. She reported that $HTX has seen a significant recovery from its low of $0.0000008 in early August, reaching a peak of $0.000003596. Currently, There are 695,540 $HTX holders, with over 164,000 holding on the HTX platform. The number of users holding more than 100,000 USDT worth of $HTX has increased by 110%, while the number of large holders has grown by 268%. HTX has also established 138 strategic partnerships. Molly, as a core builder of HTX DAO, explained earlier this year, that some people sold $HTX due to a lack of understanding and trust in the 50% burning mechanism and platform governance — essential for the healthy and long-term growth of HTX DAO. Those who maintained their belief and saw the market correction as an opportunity, have benefited from their conviction. Molly also highlighted the rapid transformation of the crypto industry and its impact on the global financial landscape. With innovations and gradual development of clearer regulatory frameworks in recent years, she emphasized that the crypto space is at a pivotal moment, moving toward greater openness, connectivity, and sustainability. HTX DAO and HTX believe the future belongs to everyone, not a select few, and that continued exploration and collaboration are vital to the foundation of this ecosystem. She stressed HTX DAO and HTX are committed to driving industry development and working with all co-builders to create an open, transparent, and equitable crypto future for everyone. The event concluded with a lively banana auction, a symbolizing community spirit. This auction captured the attention of the entire audience, with everyone vying for the banana in fierce competition. The winning bid of 650 million $HTX was placed by an elementary school girl, who in a post-auction interview, proudly stated, “I am also a Bitcoin holder,” generating laughter and applause, reflecting the enduring blockchain spirit and the enthusiasm of the next generation. About HTX DAO As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO. Contact Information Website: www.htxdao.com Email Address: media@htxdao.com The post HTX DAO’s “Confidence Journey” Second Stop a Success: Partnering with DOGE Community to Build an Open and Inclusive Crypto Ecosystem first appeared on HTX Square .
The Own the Doge DAO is stirring up the crypto community after acquiring intellectual property rights for Neiro, the successor to Kabosu—the iconic Shiba Inu that inspired the original Doge meme. With Kabosu’s passing, her owner Atsuko Sato adopted Neiro, sparking a wave of memecoins vying for association with the younger Shiba Inu. A Battle … Continue reading "Own the Doge DAO Sparks Debate Over the Official Neiro Token" The post Own the Doge DAO Sparks Debate Over the Official Neiro Token appeared first on Cryptoknowmics-Crypto News and Media Platform .
Solana (SOL) is displaying signs of recovery as market sentiment shifts bullish, but uncertainty looms regarding its next significant market move. Recent data indicates a notable uptick in transaction activity
While memecoins continue to be in the spotlight of investors, a critical memecoin survey came from Binance, the world's largest cryptocurrency exchange. Binance reported in a survey of global users that cryptocurrency investors have more memecoins in their wallets than Bitcoin. Binance stated that this survey was conducted with over 27,000 users from six continents, including Asia, Australia, Europe, Africa, and Latin America. The survey results revealed that cryptocurrency holders own more memecoins than Bitcoin. 16.1% of surveyed users stated that they own memecoins, while 14.4% of participants stated that they own Bitcoin (BTC). Memecoins and Bitcoin were followed by BNB with a rate of 14.2%. Interestingly, survey participants holding BNB are outperforming Ethereum, which has a 10.9% investment rate. The survey results show that memecoins are not only popular in terms of current investment rate, but also a cryptocurrency class that users are very excited about for the future.” While Binance survey respondents indicated that they were optimistic that memecoins would become market leaders by 2025, AI altcoins took the first place despite memecoin expectations, with 23% of respondents predicting that AI altcoins would drive market growth in 2025. Binance recently said that the survey results revealed that Binance Spot trading was the most widely used product among respondents. “25.89% of the 27,000 respondents identified Binance Spot as their preferred product. Binance Earn came in second, with 25.34% of users actively using its features to grow their crypto assets. Binance Convert came in third place, with 17.33% of respondents choosing it as their preferred tool for seamless crypto conversions. These results highlight the various ways Binance users interact with the platform’s ecosystem to meet their various financial needs,” Binance said. *This is not investment advice. Continue Reading: Bitcoin (BTC) and Memecoin Report from Binance! The Results Were Surprising!
Large amount of meme coins burned by SHIB army, while price dropped sharply
A 5.7% slide in the price of Bitcoin ($BTC) was caused by remarks from Fed Chair Powell at the FOMC meeting on Wednesday. The Chairman said that there may only be two rate cuts for 2025. This news plunged all markets into the red, and Bitcoin sank to just above $100,000. Powell speech sends markets crashing Wednesday’s FOMC meeting ended with the customary speech from Federal Reserve Chairman Jerome Powell. it was announced that there would be a 25 basis points rate cut, which the market was ready and prepared for. However, as his speech continued, he let it be known that there would likely only be two more adjustments to come for the whole of 2025. On top of this, the newly updated dot plot chart which has the future rate expectations of all the individual Fed members, was actually pointing to a rate rise of 50 basis points. As the news sunk in, the U.S. stock market plunged heavily, while the dollar rocketed to the upside. Bitcoin fell around $6,000 on the day, and the altcoins were generally smashed across the board. The Federal Reserve generally has the most incredible juggling act to do in some of these FOMC meetings. While it sees the absolute necessity of cutting, given the dire state of the jobs market, it does not want to give rein to inflation once again. Therefore, announcing a rate cut, while at the same time sounding incredibly hawkish in the speech afterwards, had the desired effect of dampening down any market enthusiasm. $BTC price touches bottom of ascending channel Source: TradingView For the Bitcoin price it was probably just business as usual. While the drop was very sudden and precipitous, the bears only really succeeded in bringing the price down to the bottom of the ascending channel, within which the price is currently traversing. The price did fall below a trendline that $BTC had been respecting since 4 November, and it now remains to be seen whether the bulls can regain the upper hand and push the price back above this trendline. The price is right at the trendline now, and therefore we will either see a confirmation of the breakdown and rejection, or the price will get above and head back to the top of the ascending channel. Weekly chart nothing out of the ordinary for $BTC Source: TradingView On the weekly chart view there doesn’t appear to be anything out of the ordinary going on with the $BTC price. Last week’s hammer candle, plus all the last few candle wicks to the downside, augur more upside movement to come. Looking at the bottom of the chart at the RSI, it can be seen that the indicator line has started to turn back down. That said, the 70.00 level could act as strong support, as it has done several times so far. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
As the crypto market braces up for a new bullish rally in 2025, analysts are focusing on high-performing assets that could lead the charge. Among these, Dogecoin stands out as a contender with growing mainstream adoption and a loyal investor base. Despite its fun and viral start, DOGE has surged in value over the years, trading at $0.3853 at the time of writing. With the token -48% away from its All-Time High price ($0.7376), investors wonder if DOGE can surpass $1 in the first quarter of 2025. As we find the answers, crypto analysts are betting on a new ICO, DTX Exchange, valued at $0.12. DTX Exchange (DTX): A Comprehensive Trading Platform Captivating Investors and Analysts DTX Exchange is a new project redefining the online trading experience by integrating the strengths of centralized and decentralized platforms. It does this by combining the security of decentralized exchanges with the liquidity of centralized exchanges. This unified platform provides access to a portfolio of financial instruments, from stocks, ETFs, cryptos, forex, and more. As such, it reduces the need for traders to explore multiple exchanges, thereby increasing efficiency, security, and user convenience. Notably, DTX Exchange is powered by an innovative blockchain, VulcanX , which ensures exceptional performance with a throughput of over 100,000 transactions per second (TPS). This technology, combined with an average execution trade time of just 0.04 seconds, guarantees traders a reliable and fast trading experience. In addition, DTX features analytical tools such as real-time charting tools for users to make data-driven decisions and capitalize on quick market moves. Another standout of DTX Exchange is its non-custodial storage and wallet trading, which ensures traders retain full control over their assets. As such, it’ll foster trust and safety among traders seeking security and transparency in this hybrid ecosystem. It’s no surprise that DTX Exchange is doing well in its ongoing presale; it has raised over $10 million so far. With the potential to list on top-tier exchanges like Binance, Uniswap, and ByBit, analysts predict potential growth for this coin, with some forecasting a 500% surge in value post-presale. With over 300k wallet addresses already onboard, this project is gaining momentum as an all-in-one solution for traders worldwide. Eager investors can purchase DTX tokens at $0.12. Can Dogecoin (DOGE) Surpass $1 in 2025? Ranking #1 in the meme coin sector, Dogecoin has become one of the go-to meme projects among top investors and traders. With Elon Musk leading the Department of Government Efficiency (DOGE) in this new American political landscape, Dogecoin continues to surge in value. As the new bull cycle approaches, many investment analysts believe that Dogecoin can reach the $1 milestone. Given Elon Musk’s constant involvement , DOGE can almost certainly achieve that price. However, the token’s dependency on celebrity hypes and a favorable crypto landscape renders it susceptible to fluctuating price action. There’s also the supply issue, as Dogecoin has an infinite amount of DOGE minted. This situation partly undermines the crypto’s capacity to maintain and boosts its value. Conclusion As a top crypto, Dogecoin continues to deliver speculative price action among experts and investors. With the bulls returning in full momentum, there’s a growing expectation that DOGE could return to its higher price and hit its $1 milestone in the first quarter of 2025. While we wait, investors are checking out DTX Exchange, a project performing well in its early stages and ready to soar soon, thanks to its impressive utility. Its presale is still on, and there’s a good chance to hop in and enjoy remarkable gains now and in the future. Find out more information about DTX Exchange by visiting the links below: Buy Presale Visit DTX Website Join The DTX Community
Abu Dhabi, UAE – December 19, 2024 – VeraViews, a pioneer in blockchain-powered advertising transparency, has announced an exciting collaboration with OnDemand, the groundbreaking AI platform developed by AIREV. This partnership will harness OnDemand’s state-of-the-art AI capabilities to enhance VeraViews’ mission to combat ad fraud and ensure transparency in the digital advertising ecosystem. OnDemand’s powerful