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Showing posts from May, 2024

MoonBag Crypto Smashes $1Mn Presale, Eclipses Theta and Dogeverse with 15,000% ROI Potential

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Have you heard about the latest trend in the crypto world? Meme coins are taking over, with Theta and Dogeverse being two of the most notable contenders in this space. These cryptocurrencies have gained significant attention for their unique strategies and communities. However, a new player has emerged, stealing the spotlight with its groundbreaking presale and ambitious vision for reshaping the meme coin market. On the other hand, MoonBag Crypto has taken the crypto world by storm with its presale success. MoonBag Coin has raised an impressive $1 million so far and is currently approaching the $1 million mark. This extraordinary crypto project has captured the hearts and minds of investors worldwide, promising to revolutionise the way we perceive and use meme coins. Theta: Video Streaming with Decentralized Technology Theta was established in 2017 with the vision of revolutionising video streaming through decentralisation. Utilising blockchain technology and a peer-to-peer ...

Crypto startup creates turmoil with ZK trademark application, Polygon fights back

In a surprising move, Matter Labs, the crypto startup behind zkSync, has filed trademark application s for zero-knowledge (ZK) technology in nine countries. This action has sparked outrage within the ZK community, with Polygon (MATIC) and StarkWare Ltd. leading the charge against Matter Labs. Notably, a public manifesto, signed by a broad community including ZK technology inventors Goldwasser, now working at StarkWare, and Micali, now working at Algorand (ALGO), and founders of Starkware, Polygon, Polyhedra, and Kakarot, condemns Matter Labs’ actions. The manifesto states, “We believe that ZK is a public good that belongs to everyone.” What Polygon and other crypto players are saying about ZKSync’s trademark application In particular, Matter Labs claims it is registering the trademark to “protect the freedom of use of the term ZK” and invites other ZK projects to join this effort. However, Rebecca Rettig, Chief Legal & Policy O...

Europol uncovers malware plot that made $75M in crypto

Europol has announced that it has uncovered a €69 million ($75 million) ‘ malware dropping’ plot as part of a worldwide criminal crackdown dubbed ‘Operation Endgame.’ Carried out between May 27 and 29, Endgame, which was led by France, Germany and the Netherlands, targeted droppers such as IcedID, SystemBC, Pikabot, Smokeloader, Bumblebee and Trickbot. It eventually saw four individuals arrested, took down over 100 servers across the globe, and seized over 2,000 domains. The unnamed individual alleged to have been behind the scheme that raked in $75 million in Crypto currency, reportedly made their fortune renting out criminal infrastructure and deploying malicious software. As outlined by Europol, “Malware droppers are a type of malicious software designed to install other malware onto a target system. They are used during the first stage of a malware attack, during which they allow criminals to bypass security measures and deploy additional harmful programs, s...

Axelar Price Prediction for Today, May 30 – AXL Technical Analysis

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The Axelar price prediction shows that AXL is moving from the opening price of $1.107 as the buying interest may increase on approach to $1.110. Axelar Price Prediction for 2024: Will AXL Resume Its Upward Trend? Ripple and Axelar have announced a strategic partnership to enable seamless interoperability on the XRP Ledger (XRPL) across various blockchain networks. This collaboration aims to create a more interconnected blockchain ecosystem, offering developers new opportunities for application integration and development. Axelar Prediction Statistics Data: Axelar price now – $1.095 Axelar market cap – $743.9 million Axelar circulating supply – 674.5 million Axelar total supply – 1.1 billion Axelar Coinmarketcap ranking – #107 AXL/USD Medium-term Trend: Ranging (4H Chart) Key levels: Resistance Levels: $1.250, $1.270, $1.290 Support Levels: $0.950, $0.930, $0.910 AXLUSD – 4-Hour Chart According to the 4-hour chart, AXL/USD is tr...

How Long Will the Bitcoin Bull Market Last? The Impact of the Federal Reserve, Nasdaq, and ETFs

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The most crucial aspect of the cryptocurrency industry is the cycle. In this issue, we discuss the macro trends and their impact on cryptocurrencies with Jiang Jinze, Chairman of MuseLabs and former Chief Researcher at Binance Research China. We discuss the influence of the Federal Reserve’s rate hike and cut cycles on cryptocurrencies, the impact of Bitcoin spot ETFs, the resonance between Bitcoin and Nasdaq, and the impact of the U.S. elections on cryptocurrencies. Jiang Jinze believes that from the perspective of interest rates, the possibility of a bull market continuing in the coming year is still very high. Transcription was done using GPT, so there may be errors. ## Nasdaq’s Historical Highs and the Cryptocurrency Market’s Resonance with Nasdaq Historically, there has indeed been a correlation between the cryptocurrency market and the Nasdaq market, but this correlation is not always stable. The correlation depends on the chosen statistical cycle: the shorter the cycle, the grea...

Bitcoin Cash Price Prediction for Today, May 29 – BCH Technical Analysis

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The Bitcoin Cash price prediction shows that BCH is recovering from the daily low of $462.75 level as the price remains within the moving averages. Bitcoin Cash Price Plunges by 13% as 130,000 BCH Wallets Close Down Within 3 Days On May 29, Bitcoin Cash (BCH) price dropped to a new weekly low of $462, marking a 13% decline over 8 days. Technical indicators reveal that BCH bull traders are now striving to prevent a further decline below $440. Adding to the bearish outlook, on-chain data indicates an unusually high number of investors have exited the Bitcoin Cash network in recent days. Bitcoin Cash Prediction Statistics Data: Bitcoin Cash price now – $468.34 Bitcoin Cash market cap – $9.2 billion Bitcoin Cash circulating supply – 19.7 billion Bitcoin Cash total supply – 19.7 billion Bitcoin Cash Coinmarketcap ranking – #16 BCH/USD Market Key Levels: Resistance levels: $700, $755, $805 Support levels: $255, $205, $155 BCHUSD – Dai...

DOG•GO•TO•THE•MOON Price Prediction: DOG Pumps 40% Amid Meme Coin Mania And This AI Meme Coin Rival Zooms Towards $4M

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The DOG•GO•TO•THE•MOON price soared 40% in the last 24 hours to trade at $0.005279 as of 03:50 a.m. EST on trading volume that skyrocketed 346% to $60 million. This comes amid a new bout of meme coin mania, with the space gaining 3% in the last 24 hours to reach a market capitalization of $66 billion.  DOG rose to hit a new all-time high of $0.006218, with its market capitalization reaching $600 million for the first time. The token, based on Bitcoin’s Runes protocol, aims to capitalize on the popularity of BTC to attract more and more investors. DOG•GO•TO•THE•MOON Price To Rally Over The Bullish Pennant DOGUSD Chart Analysis Source: GeckoTerminal.com The DOG•GO•TO•THE•MOON price has been on a steady rise in May, registering new highs every week, according to data from GeckoTerminal . In the past two days, DOG rose dramatically through a markup phase to hit a new ATH at $0.006218. However, DOG is now down 6% f...

Memecoin created by ChatGPT soars 2,000% to $638 million in 3 months

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A memecoin created using OpenAI’s chatbot ChatGPT has skyrocketed in value, reaching a valuation of $638 million in just three months . Named Turbo, the memecoin was developed by digital artist Rhett Mankind, who utilized GPT-4 to design the concept, tokenomics, and the smart contract. The project began with a modest budget of $69 and has since evolved into a popular memecoin in the crypto space. On May 28, Turbo’s price surged to an all-time high of $0.009302, boosting its market capitalization to approximately $638 million, according to CoinGecko . Picks for you Bitcoin trader reveals exit strategy: ‘Retail will provide our exit liquidity’ 2 hours ago Solana price prediction as new update changes network fees dynamics ...

Mt. Gox hasn’t sold any of its 140,000 bitcoin but it’s planning to

Bankrupt crypto exchange Mt. Gox transferred over 140,000 bitcoin, worth roughly $9 billion, this morning as it prepares for creditor repayment in a ‘secure manner.’ In total, 16 bitcoin transactions were sent from Mt. Gox wallets and correlated with a bitcoin price dip of almost 2%. This morning alone, multiple bitcoin transactions ranging from $1.4 million to $2.2 billion were sent to this address: 1JbezDVd9VsK9o1Ga9UqLydeuEvhKLAPs6. It first received nearly $4 worth of bitcoin on May 20.  The address receiving the Bitcoin has since sent almost 4,022 Bitcoin , worth over $273 million, to further wallets.  Mt. Gox said it is preparing to repay a portion of cryptocurrency rehabilitation claims either through the sale or direct transfer of crypto , whichever the creditor chooses. However, after a series of inquiries and deep concern about its Bitcoin management, the exchange clarified that “the Rehabilitation Trustee has neither made repayment… no...

Bitcoin Ready To Outperform Gold by at Least Double for Rest of Market Cycle: Glassnode Founders

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The founders of crypto analytics platform Glassnode are predicting that Bitcoin (BTC) will vastly outperform gold for the remainder of the current bull cycle. The co-founders of Glassnode, who go by the handle Negentropic on the social media platform X, tell their 63,000 followers that the BTC/gold ratio could more than double in the coming months. The BTC/gold ratio, currently at 29, is the value of Bitcoin relative to the price of gold. “Opinion: a lot of talk about gold over the last couple of months. But is gold really the asset to be exposed to at this point? BTC-Gold ratio still suggest that we could see BTC at 65x the price of gold at the end of this crypto bull cycle. This would imply more than double the performance of BTC compared to the shiny metal. Pick your favorite! We favor BTC over gold at this point.” Source: Negentropic/X Bitcoin is trading for $70,547 at time of writing, up 2.5% in the last 24 hours. Next up, the analysts suggest...

Donald Trump Continues His Pro-Crypto Crusade, Vows to Establish Future Of Crypto In The US 

Republican Presidential Contender Donald Trump has vowed to establish the future of crypto and Bitcoin in the US, in yet another pro-crypto campaign speech. While speaking at the Libertarian National Convention in Washington last week, Trump said he would ensure that crypto businesses are not driven overseas. Nothing is more powerful than an idea whose time has come. pic.twitter.com/vTdbKHn6L8 — Michael Saylor⚡️ (@saylor) May 26, 2024 The Joe Biden administration has been under criticism for a coordinated effort to kill crypto. Trump is leveraging this to woe the millions of crypto voters in the US by promising them a friendly regulatory environment if elected in November. Donald Trump Pitches Himself as Pro-Crypto Trump is saying all the right words to appease crypto voters. In his recent speech, he promised to not only protect self-custody but also prohibit the creation of a central bank digital currency (CBDC). “I will keep Elizabeth Warren and her g...