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Dogecoin (DOGE) Fails Bullish Expectations as Whales Sell
Dogecoin (DOGE) Fails Bullish Expectations as Whales Sell
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Dogecoin’s price is bound to witness a drawdown as the meme coin fails the bullish triangle pattern.
DOGE whales have sold nearly $50 million worth of holdings in the span of a little over a week.
The participation continues to decline, with the active address ratio falling to less than 1% at the time of writing.
Dogecoin’s (DOGE) price is dropping despite the rest of the meme coins experiencing growth these past few days.
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The meme coin is facing selling from its whales and very low investor participation, which might be a bane for DOGE.
Dogecoin’s price has already failed a potential bullish outcome and could now continue slipping down that path. This is because the whale addresses are opting to sell their holdings to secure whatever profit they have and minimize their losses.
The addresses holding between 10 million and 100 million DOGE have sold off over 300 million in the past week. This supply worth nearly $50 million has brought their total holdings down to 17.36 billion DOGE.
But in addition to the whales selling, the retail investors also see little incentive in the asset. This is visible in their participation, or more accurately, in the lack thereof.
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#DOGE #Dogecoin #Bitcoin #Memecoin $DOGE #BNBCrossing660
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Dogecoin’s price is bound to witness a drawdown as the meme coin fails the bullish triangle pattern.
DOGE whales have sold nearly $50 million worth of holdings in the span of a little over a week.
The participation continues to decline, with the active address ratio falling to less than 1% at the time of writing.
Dogecoin’s (DOGE) price is dropping despite the rest of the meme coins experiencing growth these past few days.
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The meme coin is facing selling from its whales and very low investor participation, which might be a bane for DOGE.
Dogecoin’s price has already failed a potential bullish outcome and could now continue slipping down that path. This is because the whale addresses are opting to sell their holdings to secure whatever profit they have and minimize their losses.
The addresses holding between 10 million and 100 million DOGE have sold off over 300 million in the past week. This supply worth nearly $50 million has brought their total holdings down to 17.36 billion DOGE.
But in addition to the whales selling, the retail investors also see little incentive in the asset. This is visible in their participation, or more accurately, in the lack thereof.
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#DOGE #Dogecoin #Bitcoin #Memecoin $DOGE #BNBCrossing660
Dogecoin (DOGE) Fails Bullish Expectations as Whales Sell
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Dogecoin’s price is bound to witness a drawdown as the meme coin fails the bullish triangle pattern.
DOGE whales have sold nearly $50 million worth of holdings in the span of a little over a week.
The participation continues to decline, with the active address ratio falling to less than 1% at the time of writing.
Dogecoin’s (DOGE) price is dropping despite the rest of the meme coins experiencing growth these past few days.
The meme coin is facing selling from its whales and very low investor participation, which might be a bane for DOGE.
Dogecoin’s price has already failed a potential bullish outcome and could now continue slipping down that path. This is because the whale addresses are opting to sell their holdings to secure whatever profit they have and minimize their losses.
The addresses holding between 10 million and 100 million DOGE have sold off over 300 million in the past week. This supply worth nearly $50 million has brought their total holdings down to 17.36 billion DOGE.
But in addition to the whales selling, the retail investors also see little incentive in the asset. This is visible in their participation, or more accurately, in the lack thereof.
#DOGE #Dogecoin #Bitcoin #Memecoin $DOGE
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Dogecoin’s price is bound to witness a drawdown as the meme coin fails the bullish triangle pattern.
DOGE whales have sold nearly $50 million worth of holdings in the span of a little over a week.
The participation continues to decline, with the active address ratio falling to less than 1% at the time of writing.
Dogecoin’s (DOGE) price is dropping despite the rest of the meme coins experiencing growth these past few days.
The meme coin is facing selling from its whales and very low investor participation, which might be a bane for DOGE.
Dogecoin’s price has already failed a potential bullish outcome and could now continue slipping down that path. This is because the whale addresses are opting to sell their holdings to secure whatever profit they have and minimize their losses.
The addresses holding between 10 million and 100 million DOGE have sold off over 300 million in the past week. This supply worth nearly $50 million has brought their total holdings down to 17.36 billion DOGE.
But in addition to the whales selling, the retail investors also see little incentive in the asset. This is visible in their participation, or more accurately, in the lack thereof.
#DOGE #Dogecoin #Bitcoin #Memecoin $DOGE
Bitcoin (BTC) Price Hits $70000, Here’s Why
Bitcoin (BTC) Price Hits $70000, Here’s Why
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Bitcoin price hits $70,000 as the US job market cools and futures sentiment turns bullish, boosting optimism in the cryptocurrency market.
HIGHLIGHTS
Bitcoin price reaches $70,000 amid US labor market slowdown.
JOLTS report shows job openings at a three-year low of 8.06 million.
Positive Bitcoin futures sentiment indicates a bullish market outlook.
The latest Job Openings and Labor Turnover Survey (JOLTS) report from the Bureau of Labor Statistics revealed a decline in job openings for the second consecutive month.
With 8.06 million positions available in April, this figure represents a three-year low and falls below economist expectations of 8.36 million. Additionally, the ratio of available U.S jobs to unemployed workers dropped to 1.2, marking its lowest point since June 2021.
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While these figures suggest a potential slowdown in hiring, other labor market indicators remained relatively stable. The quits rate, reflecting voluntary job separations, held steady at 2.2% for the sixth month.
Layoffs reached their lowest level since December 2022, dropping to 1.52 million in April. Analysts believe this ongoing stability in layoffs indicates continued positive net job growth, even with a slower hiring pace.
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The Federal Reserve (Fed) closely monitors these labor market developments as they gauge inflation. A moderation in demand, potentially signaled by the cooling job market, could pave the way for the Fed to consider interest rate cuts in the future.
However, the central bank is likely waiting for further confirmation of slowing price hikes before taking such action.
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Bitcoin price hits $70,000 as the US job market cools and futures sentiment turns bullish, boosting optimism in the cryptocurrency market.
HIGHLIGHTS
Bitcoin price reaches $70,000 amid US labor market slowdown.
JOLTS report shows job openings at a three-year low of 8.06 million.
Positive Bitcoin futures sentiment indicates a bullish market outlook.
The latest Job Openings and Labor Turnover Survey (JOLTS) report from the Bureau of Labor Statistics revealed a decline in job openings for the second consecutive month.
With 8.06 million positions available in April, this figure represents a three-year low and falls below economist expectations of 8.36 million. Additionally, the ratio of available U.S jobs to unemployed workers dropped to 1.2, marking its lowest point since June 2021.
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While these figures suggest a potential slowdown in hiring, other labor market indicators remained relatively stable. The quits rate, reflecting voluntary job separations, held steady at 2.2% for the sixth month.
Layoffs reached their lowest level since December 2022, dropping to 1.52 million in April. Analysts believe this ongoing stability in layoffs indicates continued positive net job growth, even with a slower hiring pace.
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The Federal Reserve (Fed) closely monitors these labor market developments as they gauge inflation. A moderation in demand, potentially signaled by the cooling job market, could pave the way for the Fed to consider interest rate cuts in the future.
However, the central bank is likely waiting for further confirmation of slowing price hikes before taking such action.
#BTC #Bitcoin #Bitcoin #Ethereum #BNBCrossing660 $BTC $ETH
Bitcoin (BTC) Price Hits $70000, Here’s Why
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Bitcoin price hits $70,000 as the US job market cools and futures sentiment turns bullish, boosting optimism in the cryptocurrency market.
HIGHLIGHTS
Bitcoin price reaches $70,000 amid US labor market slowdown.
JOLTS report shows job openings at a three-year low of 8.06 million.
Positive Bitcoin futures sentiment indicates a bullish market outlook.
The latest Job Openings and Labor Turnover Survey (JOLTS) report from the Bureau of Labor Statistics revealed a decline in job openings for the second consecutive month.
With 8.06 million positions available in April, this figure represents a three-year low and falls below economist expectations of 8.36 million. Additionally, the ratio of available U.S jobs to unemployed workers dropped to 1.2, marking its lowest point since June 2021.
While these figures suggest a potential slowdown in hiring, other labor market indicators remained relatively stable. The quits rate, reflecting voluntary job separations, held steady at 2.2% for the sixth month.
Layoffs reached their lowest level since December 2022, dropping to 1.52 million in April. Analysts believe this ongoing stability in layoffs indicates continued positive net job growth, even with a slower hiring pace.
The Federal Reserve (Fed) closely monitors these labor market developments as they gauge inflation. A moderation in demand, potentially signaled by the cooling job market, could pave the way for the Fed to consider interest rate cuts in the future.
However, the central bank is likely waiting for further confirmation of slowing price hikes before taking such action.
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Bitcoin price hits $70,000 as the US job market cools and futures sentiment turns bullish, boosting optimism in the cryptocurrency market.
HIGHLIGHTS
Bitcoin price reaches $70,000 amid US labor market slowdown.
JOLTS report shows job openings at a three-year low of 8.06 million.
Positive Bitcoin futures sentiment indicates a bullish market outlook.
The latest Job Openings and Labor Turnover Survey (JOLTS) report from the Bureau of Labor Statistics revealed a decline in job openings for the second consecutive month.
With 8.06 million positions available in April, this figure represents a three-year low and falls below economist expectations of 8.36 million. Additionally, the ratio of available U.S jobs to unemployed workers dropped to 1.2, marking its lowest point since June 2021.
While these figures suggest a potential slowdown in hiring, other labor market indicators remained relatively stable. The quits rate, reflecting voluntary job separations, held steady at 2.2% for the sixth month.
Layoffs reached their lowest level since December 2022, dropping to 1.52 million in April. Analysts believe this ongoing stability in layoffs indicates continued positive net job growth, even with a slower hiring pace.
The Federal Reserve (Fed) closely monitors these labor market developments as they gauge inflation. A moderation in demand, potentially signaled by the cooling job market, could pave the way for the Fed to consider interest rate cuts in the future.
However, the central bank is likely waiting for further confirmation of slowing price hikes before taking such action.
#BTC #Bitcoin #Bitcoin #Ethereum #BNBCrossing660 $BTC $ETH
Bitcoin Skyrockets to $71,000 Amid Market Uncertainties and Selling Pressures
Bitcoin Skyrockets to $71,000 Amid Market Uncertainties and Selling Pressures
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Key Points
Bitcoin’s price briefly reached $71,000, driven by short liquidations over $20 million.
Despite the price increase, sell-side pressure is rising, particularly from long-term Bitcoin holders.
The price of Bitcoin (BTC) recently touched the $71,000 mark, largely due to short liquidations exceeding $20 million in the past day.
As of now, Bitcoin is trading around $70,700, marking a 3% increase in the last 24 hours.
Market Impact of Bitcoin’s Rise
The surge in Bitcoin’s price resulted in a total of $27 million in liquidated Bitcoin positions.
The broader cryptocurrency market experienced over $87 million in liquidations during the same timeframe.
Most of these liquidations, approximately $50 million, were short positions, as per data from Coinglass.
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A recent QCP Capital report suggests that the unprecedented inflow of traditional capital globally will likely continue to support Bitcoin’s price.
Sell-Side Pressure and Market Volatility
However, a recent market report from Glassnode indicates growing sell-side pressure from long-term Bitcoin holders, those who have held coins for three months to three years.
The report suggests that as prices rise, the incentive for this group to sell and increase their unrealized profit will likely grow.
It was also noted that Bitcoin’s price reclaiming the $68,000 level has put only 0.03% of the long-term holder cohort in a position of loss.
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This has led most of the short-term holder cohort back into holding unrealized profit.
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Key Points
Bitcoin’s price briefly reached $71,000, driven by short liquidations over $20 million.
Despite the price increase, sell-side pressure is rising, particularly from long-term Bitcoin holders.
The price of Bitcoin (BTC) recently touched the $71,000 mark, largely due to short liquidations exceeding $20 million in the past day.
As of now, Bitcoin is trading around $70,700, marking a 3% increase in the last 24 hours.
Market Impact of Bitcoin’s Rise
The surge in Bitcoin’s price resulted in a total of $27 million in liquidated Bitcoin positions.
The broader cryptocurrency market experienced over $87 million in liquidations during the same timeframe.
Most of these liquidations, approximately $50 million, were short positions, as per data from Coinglass.
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A recent QCP Capital report suggests that the unprecedented inflow of traditional capital globally will likely continue to support Bitcoin’s price.
Sell-Side Pressure and Market Volatility
However, a recent market report from Glassnode indicates growing sell-side pressure from long-term Bitcoin holders, those who have held coins for three months to three years.
The report suggests that as prices rise, the incentive for this group to sell and increase their unrealized profit will likely grow.
It was also noted that Bitcoin’s price reclaiming the $68,000 level has put only 0.03% of the long-term holder cohort in a position of loss.
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This has led most of the short-term holder cohort back into holding unrealized profit.
#Bitcoin #BTC #Bitcoin #Ethereum #Memecoin $BTC $ETH $SOL
Bitcoin Skyrockets to $71,000 Amid Market Uncertainties and Selling Pressures
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Key Points
Bitcoin’s price briefly reached $71,000, driven by short liquidations over $20 million.
Despite the price increase, sell-side pressure is rising, particularly from long-term Bitcoin holders.
The price of Bitcoin (BTC) recently touched the $71,000 mark, largely due to short liquidations exceeding $20 million in the past day.
As of now, Bitcoin is trading around $70,700, marking a 3% increase in the last 24 hours.
Market Impact of Bitcoin’s Rise
The surge in Bitcoin’s price resulted in a total of $27 million in liquidated Bitcoin positions.
The broader cryptocurrency market experienced over $87 million in liquidations during the same timeframe.
Most of these liquidations, approximately $50 million, were short positions, as per data from Coinglass.
A recent QCP Capital report suggests that the unprecedented inflow of traditional capital globally will likely continue to support Bitcoin’s price.
Sell-Side Pressure and Market Volatility
However, a recent market report from Glassnode indicates growing sell-side pressure from long-term Bitcoin holders, those who have held coins for three months to three years.
The report suggests that as prices rise, the incentive for this group to sell and increase their unrealized profit will likely grow.
It was also noted that Bitcoin’s price reclaiming the $68,000 level has put only 0.03% of the long-term holder cohort in a position of loss.
This has led most of the short-term holder cohort back into holding unrealized profit.
#Bitcoin #BTC #Bitcoin #Ethereum #Memecoin $BTC $ETH $SOL
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ
Key Points
Bitcoin’s price briefly reached $71,000, driven by short liquidations over $20 million.
Despite the price increase, sell-side pressure is rising, particularly from long-term Bitcoin holders.
The price of Bitcoin (BTC) recently touched the $71,000 mark, largely due to short liquidations exceeding $20 million in the past day.
As of now, Bitcoin is trading around $70,700, marking a 3% increase in the last 24 hours.
Market Impact of Bitcoin’s Rise
The surge in Bitcoin’s price resulted in a total of $27 million in liquidated Bitcoin positions.
The broader cryptocurrency market experienced over $87 million in liquidations during the same timeframe.
Most of these liquidations, approximately $50 million, were short positions, as per data from Coinglass.
A recent QCP Capital report suggests that the unprecedented inflow of traditional capital globally will likely continue to support Bitcoin’s price.
Sell-Side Pressure and Market Volatility
However, a recent market report from Glassnode indicates growing sell-side pressure from long-term Bitcoin holders, those who have held coins for three months to three years.
The report suggests that as prices rise, the incentive for this group to sell and increase their unrealized profit will likely grow.
It was also noted that Bitcoin’s price reclaiming the $68,000 level has put only 0.03% of the long-term holder cohort in a position of loss.
This has led most of the short-term holder cohort back into holding unrealized profit.
#Bitcoin #BTC #Bitcoin #Ethereum #Memecoin $BTC $ETH $SOL
Dogecoin Analysis: Technical Indicators Suggest Impending Breakout
Dogecoin Analysis: Technical Indicators Suggest Impending Breakout
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Technical indicators like the 2-month Bollinger Bands Breakout and LMACD bullish cross signal a potential Dogecoin price surge.
Fibonacci levels and historical trends suggest multiple potential price targets for Dogecoin’s anticipated surge.
Dogecoin community’s resilience and increasing whale activity fuel optimism for a price rebound.
Analysts are predicting a potential surge in Dogecoin’s value, looking back at its historic rally in November 2020.
This anticipation stems from technical indicators, including a breakout from the 2-month Bollinger Bands and a bullish crossover of the 2-month LMACD. These signals suggest that Dogecoin’s price could experience an upward movement in the near future.
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Kevin, a crypto analyst on X, has given his insights on the 2-month Bollinger Bands Breakout indicator, which indicates a breakout ready to occur for the first time since November 2020.
This pattern, characterized by a period of contraction followed by expansion, often precedes a substantial price movement.
Additionally, the 2-month LMACD bullish cross, unseen since November 2020, further strengthens the case for a bullish trend in Dogecoin’s price.
Kevin’s analysis relies heavily on Fibonacci levels, presenting multiple 1.618 Fibonacci extensions as potential targets for Dogecoin’s price surge.
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Despite recent lows in the crypto market, Dogecoin has demonstrated resilience. Currently trading at $0.1605 with a market cap of $22.88 billion, DOGE experienced a decline over the past week.
However, a rebound on June 1st saw the cryptocurrency reclaiming the $0.16 mark.
#DOGE #Dogecoin #Bitcoin #Ethereum #Memecoin $DOGE $BTC $ETH
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Technical indicators like the 2-month Bollinger Bands Breakout and LMACD bullish cross signal a potential Dogecoin price surge.
Fibonacci levels and historical trends suggest multiple potential price targets for Dogecoin’s anticipated surge.
Dogecoin community’s resilience and increasing whale activity fuel optimism for a price rebound.
Analysts are predicting a potential surge in Dogecoin’s value, looking back at its historic rally in November 2020.
This anticipation stems from technical indicators, including a breakout from the 2-month Bollinger Bands and a bullish crossover of the 2-month LMACD. These signals suggest that Dogecoin’s price could experience an upward movement in the near future.
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Kevin, a crypto analyst on X, has given his insights on the 2-month Bollinger Bands Breakout indicator, which indicates a breakout ready to occur for the first time since November 2020.
This pattern, characterized by a period of contraction followed by expansion, often precedes a substantial price movement.
Additionally, the 2-month LMACD bullish cross, unseen since November 2020, further strengthens the case for a bullish trend in Dogecoin’s price.
Kevin’s analysis relies heavily on Fibonacci levels, presenting multiple 1.618 Fibonacci extensions as potential targets for Dogecoin’s price surge.
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Despite recent lows in the crypto market, Dogecoin has demonstrated resilience. Currently trading at $0.1605 with a market cap of $22.88 billion, DOGE experienced a decline over the past week.
However, a rebound on June 1st saw the cryptocurrency reclaiming the $0.16 mark.
#DOGE #Dogecoin #Bitcoin #Ethereum #Memecoin $DOGE $BTC $ETH
Dogecoin Analysis: Technical Indicators Suggest Impending Breakout
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Technical indicators like the 2-month Bollinger Bands Breakout and LMACD bullish cross signal a potential Dogecoin price surge.
Fibonacci levels and historical trends suggest multiple potential price targets for Dogecoin’s anticipated surge.
Dogecoin community’s resilience and increasing whale activity fuel optimism for a price rebound.
Analysts are predicting a potential surge in Dogecoin’s value, looking back at its historic rally in November 2020.
This anticipation stems from technical indicators, including a breakout from the 2-month Bollinger Bands and a bullish crossover of the 2-month LMACD. These signals suggest that Dogecoin’s price could experience an upward movement in the near future.
Kevin, a crypto analyst on X, has given his insights on the 2-month Bollinger Bands Breakout indicator, which indicates a breakout ready to occur for the first time since November 2020.
This pattern, characterized by a period of contraction followed by expansion, often precedes a substantial price movement.
Additionally, the 2-month LMACD bullish cross, unseen since November 2020, further strengthens the case for a bullish trend in Dogecoin’s price.
Kevin’s analysis relies heavily on Fibonacci levels, presenting multiple 1.618 Fibonacci extensions as potential targets for Dogecoin’s price surge.
Despite recent lows in the crypto market, Dogecoin has demonstrated resilience. Currently trading at $0.1605 with a market cap of $22.88 billion, DOGE experienced a decline over the past week.
However, a rebound on June 1st saw the cryptocurrency reclaiming the $0.16 mark.
#DOGE #Dogecoin #Bitcoin #Ethereum #Memecoin $DOGE $BTC $ETH
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Technical indicators like the 2-month Bollinger Bands Breakout and LMACD bullish cross signal a potential Dogecoin price surge.
Fibonacci levels and historical trends suggest multiple potential price targets for Dogecoin’s anticipated surge.
Dogecoin community’s resilience and increasing whale activity fuel optimism for a price rebound.
Analysts are predicting a potential surge in Dogecoin’s value, looking back at its historic rally in November 2020.
This anticipation stems from technical indicators, including a breakout from the 2-month Bollinger Bands and a bullish crossover of the 2-month LMACD. These signals suggest that Dogecoin’s price could experience an upward movement in the near future.
Kevin, a crypto analyst on X, has given his insights on the 2-month Bollinger Bands Breakout indicator, which indicates a breakout ready to occur for the first time since November 2020.
This pattern, characterized by a period of contraction followed by expansion, often precedes a substantial price movement.
Additionally, the 2-month LMACD bullish cross, unseen since November 2020, further strengthens the case for a bullish trend in Dogecoin’s price.
Kevin’s analysis relies heavily on Fibonacci levels, presenting multiple 1.618 Fibonacci extensions as potential targets for Dogecoin’s price surge.
Despite recent lows in the crypto market, Dogecoin has demonstrated resilience. Currently trading at $0.1605 with a market cap of $22.88 billion, DOGE experienced a decline over the past week.
However, a rebound on June 1st saw the cryptocurrency reclaiming the $0.16 mark.
#DOGE #Dogecoin #Bitcoin #Ethereum #Memecoin $DOGE $BTC $ETH
Crypto Pump! 6 Altcoins To Buy On The Cusp Of Boosting Into Top 20
Crypto Pump! 6 Altcoins To Buy On The Cusp Of Boosting Into Top 20
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Uncover the potential of altcoins to buy like Pepe (PEPE), Litecoin (LTC), Fetch.ai (FET), Kaspa (KAS), Hedera (HBAR), Notcoin (NOT), likely to achieve the top 20 status this June.
HIGHLIGHTS
Pepe's Impressive Growth Ethereum-based 1040% yearly surge leading meme coin strong market influence.
Hedera's eco-friendly network has sparked significant financial interest.
Fetch.ai, Litecoin, Kaspa, Hedera, and Notcoin showcase rapid valuation increases in 2024.
The cryptocurrency market is booming, and altcoins to buy like Pepe (PEPE), Litecoin (LTC), Fetch.ai (FET), Kaspa (KAS), Hedera (HBAR), and Notcoin (NOT) show substantial growth potential.
Due to recent crypto growth, these cryptocurrencies are expected to reach the top 20 in June. Their particular features and growing popularity enable them to expand.
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#Altcoin #Altcoin #Bitcoin #Ethereum #Memecoin $PEPE $FET $BTC
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Uncover the potential of altcoins to buy like Pepe (PEPE), Litecoin (LTC), Fetch.ai (FET), Kaspa (KAS), Hedera (HBAR), Notcoin (NOT), likely to achieve the top 20 status this June.
HIGHLIGHTS
Pepe's Impressive Growth Ethereum-based 1040% yearly surge leading meme coin strong market influence.
Hedera's eco-friendly network has sparked significant financial interest.
Fetch.ai, Litecoin, Kaspa, Hedera, and Notcoin showcase rapid valuation increases in 2024.
The cryptocurrency market is booming, and altcoins to buy like Pepe (PEPE), Litecoin (LTC), Fetch.ai (FET), Kaspa (KAS), Hedera (HBAR), and Notcoin (NOT) show substantial growth potential.
Due to recent crypto growth, these cryptocurrencies are expected to reach the top 20 in June. Their particular features and growing popularity enable them to expand.
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#Altcoin #Altcoin #Bitcoin #Ethereum #Memecoin $PEPE $FET $BTC
Crypto Pump! 6 Altcoins To Buy On The Cusp Of Boosting Into Top 20
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Uncover the potential of altcoins to buy like Pepe (PEPE), Litecoin (LTC), Fetch.ai (FET), Kaspa (KAS), Hedera (HBAR), Notcoin (NOT), likely to achieve the top 20 status this June.
HIGHLIGHTS
Pepe's Impressive Growth Ethereum-based 1040% yearly surge leading meme coin strong market influence.
Hedera's eco-friendly network has sparked significant financial interest.
Fetch.ai, Litecoin, Kaspa, Hedera, and Notcoin showcase rapid valuation increases in 2024.
The cryptocurrency market is booming, and altcoins to buy like Pepe (PEPE), Litecoin (LTC), Fetch.ai (FET), Kaspa (KAS), Hedera (HBAR), and Notcoin (NOT) show substantial growth potential.
Due to recent crypto growth, these cryptocurrencies are expected to reach the top 20 in June. Their particular features and growing popularity enable them to expand.
#Altcoin #Altcoin #Bitcoin #Ethereum #Memecoin $PEPE $FET $BTC
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Uncover the potential of altcoins to buy like Pepe (PEPE), Litecoin (LTC), Fetch.ai (FET), Kaspa (KAS), Hedera (HBAR), Notcoin (NOT), likely to achieve the top 20 status this June.
HIGHLIGHTS
Pepe's Impressive Growth Ethereum-based 1040% yearly surge leading meme coin strong market influence.
Hedera's eco-friendly network has sparked significant financial interest.
Fetch.ai, Litecoin, Kaspa, Hedera, and Notcoin showcase rapid valuation increases in 2024.
The cryptocurrency market is booming, and altcoins to buy like Pepe (PEPE), Litecoin (LTC), Fetch.ai (FET), Kaspa (KAS), Hedera (HBAR), and Notcoin (NOT) show substantial growth potential.
Due to recent crypto growth, these cryptocurrencies are expected to reach the top 20 in June. Their particular features and growing popularity enable them to expand.
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FTX wants to pay the IRS $200 million instead of $24 billion in tax liabilities
FTX wants to pay the IRS $200 million instead of $24 billion in tax liabilities
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FTX Trading Ltd, the legal name for Sam Bankman-Fried's collapsed crypto exchange FTX, is seeking to significantly reduce its tax debt to the United States Internal Revenue Service.
The move is another installment in the months-long saga between the beleaguered exchange and the country's tax collection agency. FTX aims to pay the IRS a $200 million priority tax claim and a $685 million subordinated claim, according to the June 3 legal filing.
The FTX Debtors, who are managing the company during its bankruptcy, argue that the IRS has wrongly included misappropriated funds from Sam Bankman-Fried and other tax liabilities in their calculations.
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FTX Trading Ltd, the legal name for Sam Bankman-Fried's collapsed crypto exchange FTX, is seeking to significantly reduce its tax debt to the United States Internal Revenue Service.
The move is another installment in the months-long saga between the beleaguered exchange and the country's tax collection agency. FTX aims to pay the IRS a $200 million priority tax claim and a $685 million subordinated claim, according to the June 3 legal filing.
The FTX Debtors, who are managing the company during its bankruptcy, argue that the IRS has wrongly included misappropriated funds from Sam Bankman-Fried and other tax liabilities in their calculations.
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FTX wants to pay the IRS $200 million instead of $24 billion in tax liabilities
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FTX Trading Ltd, the legal name for Sam Bankman-Fried's collapsed crypto exchange FTX, is seeking to significantly reduce its tax debt to the United States Internal Revenue Service.
The move is another installment in the months-long saga between the beleaguered exchange and the country's tax collection agency. FTX aims to pay the IRS a $200 million priority tax claim and a $685 million subordinated claim, according to the June 3 legal filing.
The FTX Debtors, who are managing the company during its bankruptcy, argue that the IRS has wrongly included misappropriated funds from Sam Bankman-Fried and other tax liabilities in their calculations.
#FTX #FTT #Bitcoin #Ethereum #Memecoin $FTT $BTC $ETH
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FTX Trading Ltd, the legal name for Sam Bankman-Fried's collapsed crypto exchange FTX, is seeking to significantly reduce its tax debt to the United States Internal Revenue Service.
The move is another installment in the months-long saga between the beleaguered exchange and the country's tax collection agency. FTX aims to pay the IRS a $200 million priority tax claim and a $685 million subordinated claim, according to the June 3 legal filing.
The FTX Debtors, who are managing the company during its bankruptcy, argue that the IRS has wrongly included misappropriated funds from Sam Bankman-Fried and other tax liabilities in their calculations.
#FTX #FTT #Bitcoin #Ethereum #Memecoin $FTT $BTC $ETH
Solana Shows Potential for Price Increase
Solana Shows Potential for Price Increase
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Solana (SOL) price has always raised significant questions. Initially, it made a strong impact on the market and was one of the stars of the last bull run, but it plummeted following the FTX incidents. After recovering, SOL approached its ATH. Today, it is believed that SOL might rise again from its current price. Can SOL achieve this?
Will Solana Rise?
Solana’s price continues to show potential for continuous rise with innovations and new opportunities on the network. Past airdrops and the meme coin craze were prime examples of this
On the other hand, investors hopeful for a rise are closely monitoring changes in SOL’s Open Interest (OI). Open interest (OI) reflects the total number of open futures or options contracts.
In the past two weeks, the OI value increased by more than $700 million. During this period, it rose from $1.7 billion to $2.4 billion. This clear increase can be seen as a reflection of investors’ optimism about a price rise.
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Meanwhile, a noticeable decrease in the correlation between Solana and Bitcoin has been observed.
Considering that a rise in BTC generally helps altcoins rise, such a decrease in correlation might be a precursor to a general decline.
However, this situation might not be as bad for SOL as it seems. Every drop in the altcoin’s correlation with BTC has led to rises in SOL. Currently, the mentioned correlation ratio is seen as 0.63.
SOL Price Prediction
Since Solana failed to close above the $190 level, it has not shown a rising trend. SOL is currently trading at the $169 resistance level, which means a 3% daily increase.
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#SOL #Solana #Bitcoin #Ethereum #Memecoin $SOL $BTC $ETH
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Solana (SOL) price has always raised significant questions. Initially, it made a strong impact on the market and was one of the stars of the last bull run, but it plummeted following the FTX incidents. After recovering, SOL approached its ATH. Today, it is believed that SOL might rise again from its current price. Can SOL achieve this?
Will Solana Rise?
Solana’s price continues to show potential for continuous rise with innovations and new opportunities on the network. Past airdrops and the meme coin craze were prime examples of this
On the other hand, investors hopeful for a rise are closely monitoring changes in SOL’s Open Interest (OI). Open interest (OI) reflects the total number of open futures or options contracts.
In the past two weeks, the OI value increased by more than $700 million. During this period, it rose from $1.7 billion to $2.4 billion. This clear increase can be seen as a reflection of investors’ optimism about a price rise.
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Meanwhile, a noticeable decrease in the correlation between Solana and Bitcoin has been observed.
Considering that a rise in BTC generally helps altcoins rise, such a decrease in correlation might be a precursor to a general decline.
However, this situation might not be as bad for SOL as it seems. Every drop in the altcoin’s correlation with BTC has led to rises in SOL. Currently, the mentioned correlation ratio is seen as 0.63.
SOL Price Prediction
Since Solana failed to close above the $190 level, it has not shown a rising trend. SOL is currently trading at the $169 resistance level, which means a 3% daily increase.
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#SOL #Solana #Bitcoin #Ethereum #Memecoin $SOL $BTC $ETH
Solana Shows Potential for Price Increase
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Solana (SOL) price has always raised significant questions. Initially, it made a strong impact on the market and was one of the stars of the last bull run, but it plummeted following the FTX incidents. After recovering, SOL approached its ATH. Today, it is believed that SOL might rise again from its current price. Can SOL achieve this?
Will Solana Rise?
Solana’s price continues to show potential for continuous rise with innovations and new opportunities on the network. Past airdrops and the meme coin craze were prime examples of this
On the other hand, investors hopeful for a rise are closely monitoring changes in SOL’s Open Interest (OI). Open interest (OI) reflects the total number of open futures or options contracts.
In the past two weeks, the OI value increased by more than $700 million. During this period, it rose from $1.7 billion to $2.4 billion. This clear increase can be seen as a reflection of investors’ optimism about a price rise.
Meanwhile, a noticeable decrease in the correlation between Solana and Bitcoin has been observed.
Considering that a rise in BTC generally helps altcoins rise, such a decrease in correlation might be a precursor to a general decline.
However, this situation might not be as bad for SOL as it seems. Every drop in the altcoin’s correlation with BTC has led to rises in SOL. Currently, the mentioned correlation ratio is seen as 0.63.
SOL Price Prediction
Since Solana failed to close above the $190 level, it has not shown a rising trend. SOL is currently trading at the $169 resistance level, which means a 3% daily increase.
#SOL #Solana #Bitcoin #Ethereum #Memecoin $SOL $BTC $ETH
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Solana (SOL) price has always raised significant questions. Initially, it made a strong impact on the market and was one of the stars of the last bull run, but it plummeted following the FTX incidents. After recovering, SOL approached its ATH. Today, it is believed that SOL might rise again from its current price. Can SOL achieve this?
Will Solana Rise?
Solana’s price continues to show potential for continuous rise with innovations and new opportunities on the network. Past airdrops and the meme coin craze were prime examples of this
On the other hand, investors hopeful for a rise are closely monitoring changes in SOL’s Open Interest (OI). Open interest (OI) reflects the total number of open futures or options contracts.
In the past two weeks, the OI value increased by more than $700 million. During this period, it rose from $1.7 billion to $2.4 billion. This clear increase can be seen as a reflection of investors’ optimism about a price rise.
Meanwhile, a noticeable decrease in the correlation between Solana and Bitcoin has been observed.
Considering that a rise in BTC generally helps altcoins rise, such a decrease in correlation might be a precursor to a general decline.
However, this situation might not be as bad for SOL as it seems. Every drop in the altcoin’s correlation with BTC has led to rises in SOL. Currently, the mentioned correlation ratio is seen as 0.63.
SOL Price Prediction
Since Solana failed to close above the $190 level, it has not shown a rising trend. SOL is currently trading at the $169 resistance level, which means a 3% daily increase.
#SOL #Solana #Bitcoin #Ethereum #Memecoin $SOL $BTC $ETH
Crypto Expert Predicts JASMY to Break Top 10 and Reach $10
As JasmyCoin (JASMY) rises in the crypto market, its position is being reassessed. Referred to as the “Bitcoin of Japan,” JASMY shows potential to climb higher in the rankings. A crypto expert predicts it could break into the top 10 cryptocurrencies.
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JasmyCoin is attracting significant attention with its surging price. According to a crypto expert, JASMY is poised to enter the top 10 cryptocurrencies in the market. Price predictions for JASMY are extremely bullish, suggesting potential pumps ranging from 7000% to 12000%.
JASMY Gains Momentum with Bullish Market Sentiment
Prediction: $JASMY destined to reach crypto top 10 list.— Del Crxpto (@DelCrxpto) June 4, 2024
The market sentiment for JasmyCoin (JASMY) is overwhelmingly bullish as traders flock to capitalize on its potential and watch its price surge. A bullish response to recent developments even predicts JASMY breaking into the top 5 cryptocurrencies.
Following months of efforts to gain attention, JASMY has finally entered the spotlight within the broader crypto community. This surge in attention coincided with JASMY’s collaboration with Apple, where Japan’s My Number Card was integrated onto JasmyCoin’s blockchain. Plans are underway to integrate this feature onto iPhones by next Spring, solidifying the partnership between JASMY and Apple.
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After the collaboration announcement, the price of JASMY spiked significantly, breaking through a major resistance level. Traders and analysts now anticipate no further resistance as JASMY appears poised to reclaim its previous all-time high of $4.99.
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JASMY Surpasses $5 Expectations After Apple Collaboration
Initially, it was widely expected that JASMY would surpass $5 during this crypto bull season. However, following the collaboration announcement with Apple, price predictions for JASMY have now soared even higher.
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Returning to the discussion in the post, many express regret over missing the opportunity to invest in JASMY early, now having to settle for entering at a later stage. The post reflects on the challenges in the crypto market, where influencers can lead investors astray, emphasizing the value of steady growth over time in cryptocurrency investments.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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#JASMY #Jasmycoin #Bitcoin #Ethereum #Memecoin $JASMY $BTC $ETH
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JasmyCoin is attracting significant attention with its surging price. According to a crypto expert, JASMY is poised to enter the top 10 cryptocurrencies in the market. Price predictions for JASMY are extremely bullish, suggesting potential pumps ranging from 7000% to 12000%.
JASMY Gains Momentum with Bullish Market Sentiment
Prediction: $JASMY destined to reach crypto top 10 list.— Del Crxpto (@DelCrxpto) June 4, 2024
The market sentiment for JasmyCoin (JASMY) is overwhelmingly bullish as traders flock to capitalize on its potential and watch its price surge. A bullish response to recent developments even predicts JASMY breaking into the top 5 cryptocurrencies.
Following months of efforts to gain attention, JASMY has finally entered the spotlight within the broader crypto community. This surge in attention coincided with JASMY’s collaboration with Apple, where Japan’s My Number Card was integrated onto JasmyCoin’s blockchain. Plans are underway to integrate this feature onto iPhones by next Spring, solidifying the partnership between JASMY and Apple.
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After the collaboration announcement, the price of JASMY spiked significantly, breaking through a major resistance level. Traders and analysts now anticipate no further resistance as JASMY appears poised to reclaim its previous all-time high of $4.99.
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JASMY Surpasses $5 Expectations After Apple Collaboration
Initially, it was widely expected that JASMY would surpass $5 during this crypto bull season. However, following the collaboration announcement with Apple, price predictions for JASMY have now soared even higher.
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Returning to the discussion in the post, many express regret over missing the opportunity to invest in JASMY early, now having to settle for entering at a later stage. The post reflects on the challenges in the crypto market, where influencers can lead investors astray, emphasizing the value of steady growth over time in cryptocurrency investments.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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#JASMY #Jasmycoin #Bitcoin #Ethereum #Memecoin $JASMY $BTC $ETH
Crypto Expert Predicts JASMY to Break Top 10 and Reach $10
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Shiba Inu Aims for New Milestone of $0.0001 This Month: Analyst SHIB Knight
Analyst SHIB Knight predicts Shiba Inu could hit $0.0001 this month. After losing momentum from a two-month high, the cryptocurrency has recently shown signs of recovery, erasing losses from the past day.
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Specifically, Shiba Inu hit a new daily high of $0.00002519, marking a 4.57% increase from its drop to $0.00002409, the lowest point since last week’s brief rally to approximately $0.00003. Amid this notable comeback, analysts like SHIB Knight have set their targets for Shiba Inu, anticipating a full-blown frenzy similar to what was witnessed in March
SHIB Knight Predicts Shiba Inu to Hit $0.0001 This Month
In a recent update on X, SHIB Knight boldly asserted that Shiba Inu is on track to claim $0.0001 this month. The community analyst sees $0.0001 as the next threshold for Shiba Inu if the asset breaks out from the two-month downtrend.
For instance, on February 22, while Shiba Inu was trading at $0.0000097, SHIB Knight predicted that the asset would reach a 12-month high of $0.000014 with a 52% rally, based on the formation of symmetrical triangles on the Shiba Inu chart.
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In a subsequent update, the analyst outlined $0.000022 as an even more promising target. Remarkably, this projection came true within a few days. Since Shiba Inu reached $0.000014 in late February, it has not returned to that level, even after severe price corrections.
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Now, SHIB Knight believes that $0.0001 is possible for SHIB this June. Notably, reaching $0.0001 would set a new record for the meme coin, as SHIB’s all-time high (ATH) is $0.00008845.
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To achieve $0.0001, Shiba Inu needs to rally by 300%. This percentage growth is not too formidable for SHIB, considering it soared by 373% in less than ten days between late February and early March.
Analysts Predict Bullish Future for Shiba Inu
The $0.0001 target is not an isolated outlook. Other analysts have also predicted a similarly bullish future for Shiba Inu. Eunice Wong recently suggested a potential “second leg” rally that could see SHIB reach $0.000125.
Similarly, analyst Javin Marks proposed that a rebound to $0.000081 could pave the way for an increase to $0.0001553.
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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#SHIB #ShibaInu #Bitcoin #Ethereum #Memecoin $SHIB $DOGE $BTC
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Specifically, Shiba Inu hit a new daily high of $0.00002519, marking a 4.57% increase from its drop to $0.00002409, the lowest point since last week’s brief rally to approximately $0.00003. Amid this notable comeback, analysts like SHIB Knight have set their targets for Shiba Inu, anticipating a full-blown frenzy similar to what was witnessed in March
SHIB Knight Predicts Shiba Inu to Hit $0.0001 This Month
In a recent update on X, SHIB Knight boldly asserted that Shiba Inu is on track to claim $0.0001 this month. The community analyst sees $0.0001 as the next threshold for Shiba Inu if the asset breaks out from the two-month downtrend.
For instance, on February 22, while Shiba Inu was trading at $0.0000097, SHIB Knight predicted that the asset would reach a 12-month high of $0.000014 with a 52% rally, based on the formation of symmetrical triangles on the Shiba Inu chart.
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In a subsequent update, the analyst outlined $0.000022 as an even more promising target. Remarkably, this projection came true within a few days. Since Shiba Inu reached $0.000014 in late February, it has not returned to that level, even after severe price corrections.
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Now, SHIB Knight believes that $0.0001 is possible for SHIB this June. Notably, reaching $0.0001 would set a new record for the meme coin, as SHIB’s all-time high (ATH) is $0.00008845.
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To achieve $0.0001, Shiba Inu needs to rally by 300%. This percentage growth is not too formidable for SHIB, considering it soared by 373% in less than ten days between late February and early March.
Analysts Predict Bullish Future for Shiba Inu
The $0.0001 target is not an isolated outlook. Other analysts have also predicted a similarly bullish future for Shiba Inu. Eunice Wong recently suggested a potential “second leg” rally that could see SHIB reach $0.000125.
Similarly, analyst Javin Marks proposed that a rebound to $0.000081 could pave the way for an increase to $0.0001553.
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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#SHIB #ShibaInu #Bitcoin #Ethereum #Memecoin $SHIB $DOGE $BTC
Analyst Predicts XRP to Surge 4000% Aim to $30
Notable market analyst and crypto YouTuber DustyBC predicts that XRP could see a massive surge, potentially rallying 4,000% to reach $30.
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DustyBC believes that a “God candle” on the weekly chart is imminent as XRP struggles around the $0.52 level. According to the analyst, XRP has been trading within a multi-year symmetrical triangle on the weekly chart, indicating a significant move could be on the horizon.
DustyBC Predicts Major XRP Breakout
The symmetrical triangle, which formed after XRP collapsed from its $3.31 all-time high in January 2018, has both resisted higher price moves and defended against steeper drops. As a result, XRP has been recording lower highs and higher lows since January 2018, creating a prolonged period of consolidation.
Symmetrical triangles typically appear when the market is indecisive, leading to extended consolidations. These formations often precede breakouts, which can either result in an upward spike or a downward spiral.
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Currently, XRP is tilting toward the lower trendline of this triangle, having recently retested it after dropping to $0.4235 in early April. Despite recovering from this low, XRP remains at the lower end of the symmetrical triangle. However, DustyBC believes that a breakout to the upside is more likely.
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IF THIS HAPPENS FOR $XRP I'M QUITTING EVERYTHING! pic.twitter.com/3EvlJZ7TIE— DustyBC Crypto (@TheDustyBC) June 2, 2024
XRP Forecasted to Surge to $30 Amid Rising Volume
DustyBC predicts that XRP is likely to breach the upper trendline around the $0.75 mark, anticipating a breakout that could lead to the formation of a weekly God candle. Similar candles in the past have triggered significant spikes, such as a 112% surge from $0.6354 to $1.3506 witnessed in late March to early April 2021.
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According to DustyBC’s projection, this upcoming God candle could propel XRP to spike by 4,000%, reaching a new all-time high of $30.75. Such a milestone could potentially elevate XRP’s market cap to $1.7 trillion, assuming its circulating supply remains stable.
Meanwhile, XRP has seen a modest 1.2% increase to its current price of $0.5222 amidst rising volume and a notable surge in exchange withdrawals, based on Coinglass data. Over the last 24 hours, the combined spot volume on major exchanges like Binance, Bybit, Coinbase, and OKX has risen to $191 million, while investors have withdrawn $6.7 million from these platforms.
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This combination of increased trading volume and reduced exchange reserves suggests a decline in selling pressure. Bullish sentiment may strengthen further if XRP manages to surpass recent highs around $0.57, potentially setting the stage for a rally towards $0.60 as XRP aims to break out above its current consolidation triangle.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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DustyBC believes that a “God candle” on the weekly chart is imminent as XRP struggles around the $0.52 level. According to the analyst, XRP has been trading within a multi-year symmetrical triangle on the weekly chart, indicating a significant move could be on the horizon.
DustyBC Predicts Major XRP Breakout
The symmetrical triangle, which formed after XRP collapsed from its $3.31 all-time high in January 2018, has both resisted higher price moves and defended against steeper drops. As a result, XRP has been recording lower highs and higher lows since January 2018, creating a prolonged period of consolidation.
Symmetrical triangles typically appear when the market is indecisive, leading to extended consolidations. These formations often precede breakouts, which can either result in an upward spike or a downward spiral.
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Currently, XRP is tilting toward the lower trendline of this triangle, having recently retested it after dropping to $0.4235 in early April. Despite recovering from this low, XRP remains at the lower end of the symmetrical triangle. However, DustyBC believes that a breakout to the upside is more likely.
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IF THIS HAPPENS FOR $XRP I'M QUITTING EVERYTHING! pic.twitter.com/3EvlJZ7TIE— DustyBC Crypto (@TheDustyBC) June 2, 2024
XRP Forecasted to Surge to $30 Amid Rising Volume
DustyBC predicts that XRP is likely to breach the upper trendline around the $0.75 mark, anticipating a breakout that could lead to the formation of a weekly God candle. Similar candles in the past have triggered significant spikes, such as a 112% surge from $0.6354 to $1.3506 witnessed in late March to early April 2021.
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According to DustyBC’s projection, this upcoming God candle could propel XRP to spike by 4,000%, reaching a new all-time high of $30.75. Such a milestone could potentially elevate XRP’s market cap to $1.7 trillion, assuming its circulating supply remains stable.
Meanwhile, XRP has seen a modest 1.2% increase to its current price of $0.5222 amidst rising volume and a notable surge in exchange withdrawals, based on Coinglass data. Over the last 24 hours, the combined spot volume on major exchanges like Binance, Bybit, Coinbase, and OKX has risen to $191 million, while investors have withdrawn $6.7 million from these platforms.
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This combination of increased trading volume and reduced exchange reserves suggests a decline in selling pressure. Bullish sentiment may strengthen further if XRP manages to surpass recent highs around $0.57, potentially setting the stage for a rally towards $0.60 as XRP aims to break out above its current consolidation triangle.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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