bitcoinlfg

Author: BTCLFGTEAM

  • Bitcoin price outlook as Shiba Memu’s presale hits $1.5M

    Bitcoin price outlook as Shiba Memu’s presale hits $1.5M

    Key takeaways

    Bitcoin has been underperforming in recent weeks, down from the $31k level it achieved last month. The world’s leading cryptocurrency by market cap is struggling around the $29k region, and market experts believe it could dip lower in the near term.

    Shiba Memu has continued to set new records with its presale despite the bearish market conditions. 

    BItcoin Stays Around $29k

    The cryptocurrency market has been bearish since the start of the month. The prices of most cryptocurrencies are trading in the red zone despite the positive performance recorded earlier this week.

    Bitcoin has lost more than 1% of its value so far this week and is now trading at $29,119 per coin. Ether, Dogecoin, Solana, XRP, and other leading cryptocurrencies are all down by more than 2% so far this week. 

    Despite the bearish trend, Shiba Memu’s presale continues to set new records. The team has raised more than $1.5 million so far, with more than 52 million tokens sold. 

    What is Shiba Memu?

    Shiba Memu is an exciting project in the cryptocurrency space that seeks to combine the powers of blockchain technology and artificial intelligence. With the rise of AI, their applications have become vast globally. 

    Shiba Memu is a project that wants to leverage AI and blockchain to make it easier for people and organisations to create content and roll out marketing campaigns. 

    In their whitepaper, the team explained that Shiba Memu could handle the task of numerous marketing agencies. As an AI tool, Shiba Memu is always active and will work 24/7 to find the best work going on in creative advertising, consuming it and generating better content marketing. 

    The idea to launch as a meme token has to do with the recent popularity of meme projects in the cryptocurrency space. Within the space of two years, the market cap of meme coins grew from practically $0 to $20 billion in 2022. 

    However, what makes Shiba Memu different from other meme token projects is that it has an excellent use case. Shiba Memu can be regarded as a self-sufficient marketing tool powered by AI technology.

    Shiba Memu can be able to create marketing strategies, roll out PR schedules, and promote campaigns on relevant forums and social media platforms. At the moment, Shiba Memu is available on the Ethereum and BNBChain blockchains. 

    Shiba Memu’s presale hits $1.5M

    Shiba Memu’s presale has been going on excellently despite the bearish trend in the market. The presale has been around for roughly a month now, and the team has raised $1.5 million so far. 

    The Shiba Memu project has sold over 52 million SHMU tokens to raise $1.5 million. The team intends to use the funds to develop some of its products and services. 

    According to their whitepaper, most of the funds generated in the presale would be directed towards developing the Shiba Memu AI technology. By leveraging AI technology, Shiba Memu can provide exciting marketing services to its users. 

    The Shiba Memu platform would also have a robotastic dashboard, allowing users to interact with the AI, provide feedback, make suggestions, and ask questions.

    Click here to find out more about Shiba Memu’s presale event.

    Shiba Memu price prediction

    Predicting Shiba Memu’s price would be impossible at the moment since the SHMU token is still in its presale stage. At the moment, 1 SHMU = 0.017650 USDT. 

    According to the team, SHMU’s price increases every day at 6 pm GMT. In a few hours, the token will go for 0.017875 USDT. 

    SHMU began trading at $0.011125 when the presale began and will trade at $0.0244 when the presale ends. The SHMU token can be purchased using Ethereum, USDT, BNB and BUSD

    Should you buy Shiba Memu today?

    Shiba Memu could be an excellent project for investors to get into. The fact that it is still in its early stage means that it could generate impressive ROI for investors in the medium to long term. 

    As a project, Shiba Memu is combining AI and blockchain technology, making it an interesting meme token. With the right level of adoption, SHMU’s price could rally over the next few months and years. 

    In addition to that, a Bull Run by the broader crypto market could see SHMU’s price also rally higher. So far, Bitcoin and other major cryptocurrencies are up by over 40% year-to-date. 

    A combination of excellent adoption and a Bull Run by the broader crypto market could make SHMU one of the best performers in the market over the coming months. 

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  • BTC/GBP and GBP/USD diverge after the BoE rate decision

    BTC/GBP and GBP/USD diverge after the BoE rate decision

    • The Bank of England delivered another interest rate hike.

    • The BTC/GBP and GBP/USD pair diverged after the report.

    • It has formed a bullish flag pattern on the daily chart.

    The BTC to GBP pair moved sideways after the latest Bank of England (BoE) interest rate decision. Bitcoin was trading at £23,000 on Thursday, where it has been in the past few days. This price is about 7.2% below the highest level this month. On the other hand, the GBP/USD pair slipped to a low of 1.2625, the lowest level since June 30th.

    Bank of England decision

    The BTC/GBP pair moved sideways after the latest interest rate decision by the BoE. In a statement, the bank decided to hike interest rates again by 0.25% to a 15-year high of 5.25%.

    The committee did that in a bid to fight the elevated inflation. In a statement, Governor Andrew Bailey said that the hike was necessary to combat the stubbornly high inflation. In a statement, he said:

    “Inflation is falling and that’s good news. We know that inflation hits the least well-off hardest and we need to make sure that it falls all the way back to the 2% target. That’s why we’ve raised rates to 5.25% today.”

    The most recent data showed that the headline consumer inflation dropped from 8.3% in May to 7.9% in June while wage growth jumped by 7.7%. There are signs that the British economy is slowing. 

    For example, data published this week by Nationwide showed that the country’s house price index plunged at the fastest pace in over a decade. Still, the bank believes that the UK will narrowly avoid a recession this year.

    Bitcoin reacts moderately to the actions of central banks like the Bank of England (BoE), the European Central Bank (ECB), and the Bank of Japan (BoJ). It also reacted mildly to actions of the Federal Reserve, which delivered its last rate hike of the year.

    BTC/GBP technical analysis

    The daily chart shows that the BTC/GBP pair rose to a key resistance level at 24,711 in July. This was an important price since it was the highest point in April. A closer look shows that the pair has formed a bullish flag pattern. Also, it has risen above the 25-day and 50-day moving averages.

    Therefore, the BTC to GBP price will likely have a bullish breakout in the coming weeks. If this happens, the next level to watch will be at 24,711.

    How to buy Bitcoin

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

    Public

    Public is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.

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  • MicroStrategy narrowed its crypto-related impairment charge in Q2

    MicroStrategy narrowed its crypto-related impairment charge in Q2

    microstrategy narrows crypto impairment charge in q2
    • MicroStrategy bought another 12,333 Bitcoin in its second quarter.
    • The business intelligence company returned to profitability in Q2.
    • MicroStrategy stock has roughly tripled versus the start of 2023.

    MicroStrategy Inc – one of the most prominent institutional holder of Bitcoin – says it returned to profitability in its second financial quarter. Its shares are still down 2.0% after-hours.

    MicroStrategy continued to buy Bitcoin in Q2

    The business intelligence company added another 12,333 Bitcoin in Q2 – the most it has bought in a quarter in about two years. In total, it now has 152,800 BTC on the balance sheet worth about $4.4 billion.

    MicroStrategy narrowed the impairment charge related to its crypto holdings in the second quarter to $24.1 million versus close to a billion-dollar last year. Andrew Kang – its Chief Financial Officer said in the press release:

    We continued to increase bitcoins and did so against the promising backdrop of increasing institutional interest and ongoing regulatory clarity.

    Bitcoin is currently up about 80% for the year.

    MicroStrategy topped Q2 earnings estimates

    MicroStrategy earned $22.2 million in its recently concluded quarter that translates to $2.35 a share (adjusted) on $120.4 million in revenue – down 1.0% on a year-over-year basis, as per the press release.

    In comparison, analysts were at $1.64 a share and $126 million, respectively. According to CEO Phong Le:

    Growth in our recurring revenue this quarter illustrated the strength of our enterprise cloud platform, despite ongoing macroeconomic headwinds.

    The news arrives only days after a TD Cowen analyst Lance Vitanza dubbed MicroStrategy the best way for institutional investors to gain exposure to Bitcoin. He sees upside in the software stock to $520 – about a 21% premium on its current price (find out more).

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  • Is frogToken the next pepe coin ? #Ad

    Is frogToken the next pepe coin ? #Ad

    sponsored post do your own research not financial advise

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    contentCA: 0xDCD103Bc6D14829C39Afc9c10c9c373CE385D2C5MenuFrog TokenFrog Token: Where Meme Meets Innovation Buy NowContractChartAuditTwitter Telegram Envelope LinkMINT AN NFTtwitter-frog-bannerFROG TOKEN NFT’s ARE LIVEAbout– FROG is not Just a Meme – Welcome to the world of Frog Token, where innovation leaps to new heights and financial opportunities abound. Like the legendary Hachikō, Frog is here to be a guide and companion for every single community member as they explore the Frog ecosystem, so prepare to embark on a thrilling journey that merges the excitement of cryptocurrency with exponential growth.Frog is a utility based meme token with a long-term vision. We believe in the power of community, collaboration, and transformation. Our mission is to revolutionize the crypto landscape by offering a token that not only holds immense value but also fosters a vibrant ecosystem of like-minded individuals.With Frog Token, you’re not just a holder; you become an integral part of a dynamic community, united by a shared vision of unwavering commitment to success.Take a leap into the future with Frog Token, where possibilities are limitless, and fortunes are made. Join us on this exhilarating adventure and witness the evolution of a token that will redefine the crypto landscape. Together, let’s forge a path towards prosperity, guided by the principles of innovation, collaboration, and resilient determination.Tokenomics10%Taxes810MTokens Burned1BToken SupplyLPLockedFrog TokenName$FROGTicker100% SAFUThe $FROG smart contract has been fully audited by a top specialized team. The ownership of the contract has been renounced and the Liquidity Pool tokens have been locked for a year.That means next to zero risk to our users and community from potential bad actors.CommunityFrom the start, FrogToken was designed to support a large number of smaller token holders, who will all participate in and benefit from the growth and development of the Frog Token Community. All projects and initiatives will be community-led and will result in additional value being brought into the FrogToken ecosystems. Everyone is welcome to join the community and help it grow!Dedication Like the legendary Hachikō, Frog is here to be a guide and companion for every single community member as they explore the Frog ecosystem. prepare to embark on a thrilling journey that merges the excitement of crypto with exponential growth.Fun!Blockchain and cryptocurrency technology can be daunting and scary, but it doesn’t have to be! Frog Token will help everyone understand that crypto can be a space for creativity, collaboration, and connection. Frog Token is a place where people’s talents and skills can shine, and where everyone has something to enjoy!RoadmapPhase1LaunchDexTools /CoinGecko /Coinmarketcap Listings400+ HoldersGet $FROG Trending on twitter with our memetic powerPhase 2Community PartnershipsMulti DEX/CEX Listings1,500+ HoldersLaunch Community Marketing Campaign Phase 3Top Tier CEX ListingsCreation of Decentralized Token SwapFirst Major PartnershipMoon Landing How To Buy On DexToolsFrog Token will introduce new & seasoned holders to the blockchain’s innovations with a warm smile and a helping hand!Buy NowChartTwitter Telegram Envelope LinkTrusted By:COPYRIGHT © 2023 FROG TOKEN | PEPE THE FROG

  • Bitget Token (BGB) jumps after MEXC announces listing

    Bitget Token (BGB) jumps after MEXC announces listing

    • Bitget will list MX Token (MX) while MEXC will add Bitget Token (BGB).
    • Both listings will be on July 31, with trading pairs BGB/USDT and MX/USDT.

    Bitget Token (BGB), the utility token of crypto exchange Bitget, will be listed on MEXC Global on July 31, the exchanges announced on Friday.

    MEXC will list the Bitget token in the Innovation Zone and has opened deposits for BGB. Initial supported pair will be BGB/USDT, with trading set for Monday, July 31 at 10:00 UTC. Withdrawals will be available from August 1, 2023 at 10:00 UTC, the exchange noted

    As MEXC lists BGB, Bitget will also be adding trading support for MX Token (MX), the native utility token of the MEXC Global exchange. The simultaneous listing will go live on July 31, with MX/USDT added to the Platform Token Zone.

    BGB price jumped more than 4% following the listing news, with the utility token’s value reaching an intraday high of $0.46. This isn’t far from the all-time high for BGB/USD, which was $0.51 reached in February this year.

    Bitget launched an updated version of its token in July 2021. It is used as a form of payment in the exchange platform’s ecosystem, and can be staked or for discounts on trading fees.

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  • Bitcoin-focused MicroStrategy stock has 22% upside – analyst says

    Bitcoin-focused MicroStrategy stock has 22% upside – analyst says

    microstrategy stock has 22% upside td cowen analyst
    • TD Cowen analyst sees upside in MicroStrategy to $520.
    • Lance Vitanza explained his bullish view in a research note.
    • MicroStrategy stock has already tripled since the start of 2023.

    MicroStrategy Inc has already tripled since the start of this year but a TD Cowen analyst continues to see further upside in this stock.

    MicroStrategy stock could climb to $520

    Lance Vitanza assumed coverage of the software company today with an “outperform” rating and said its shares could climb to $520 – up another 22% from here.

    For institutional investors, he said in his research note, MicroStrategy stock is the best way to gain exposure to Bitcoin.

    MSTR uses all its retained earnings and then some to buy and hold BTC [that] reflects a belief that Bitcoin will prove a superior store of value relative to metals and fiat currencies.

    The Nasdaq-listed firm is set to report its Q2 earnings next week. Consensus is for it to lose 71 cents a share versus an alarming $92.81 per share a year ago.

    MSTR trumps BTC or a Bitcoin ETF

    The Virginia-based company currently owns more than 150,000 Bitcoin in total.

    Vitanza recommends MicroStrategy stock also because it’s free from some of the fees related to investing directly in Bitcoin or a Bitcoin ETF. He’s convinced that its underlying business serves as downside protection as well.

    We see MicroStrategy as an attractive vehicle for investors looking to gain Bitcoin exposure.

    MicroStrategy is lobbying for a change in accounting rules related to BTC which may also boost its financials. Bitcoin-specific catalysts, including “halving” and approval of a spot bitcoin exchange-traded fund will also benefit MSTR, the TD Cowen analyst concluded.

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  • Bitcoin could hit $180,000 by April of 2024: Fundstrat

    Bitcoin could hit $180,000 by April of 2024: Fundstrat

    bitcoin could hit $180,000 by april of 2024 fundstrat
    • Experts at Fundstrat are super bullish on Bitcoin.
    • They see halving and a Bitcoin ETF as material catalysts.
    • Bitcoin is already up roughly 80% versus the start of 2023.

    Bitcoin has had a massive rally since the start of this year but experts at Fundstrat are convinced it’s just a drop in the bucket compared to what may come over the next nine months.

    The bull case for Bitcoin

    The investment research firm expects BTC to hit $180,000 before its scheduled halving in April of 2024. That suggests about a 500% upside from here.

    Fundstrat also sees a Bitcoin ETF as a meaningful catalyst that could boost per-day demand for the world’s largest cryptocurrency by a whopping $100 million.

    This would bring daily demand to $125 million, while daily supply is only $25 million. Implied equilibrium price would need to rise so daily supply matches daily demand.

    Note that the halving next year will cut the reward for mining BTC to $12 million.

    Is a Bitcoin ETF expected soon?

    Prominent asset managers, including the likes of Fidelity and BlackRock have filed for a Spot Bitcoin ETF in recent weeks.

    According to Sean Farrell – the Head of Digital Asset Strategy at Fundstrat – there’s a 75% probability that the U.S. Securities & Exchange Commission will approve the said exchange-traded fund.

    We anticipate [a Bitcoin ETF] would attract new investors and generate increased demand. Bitcoin ETF eventually could become >$300 billion category.

    BTC may also benefit once the Federal Reserve switches to a more lenient monetary policy. The central bank is set to announce its decision on interest rates later today – July 26th, 2023.

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  • BTC Whale moves $37M worth of bitcoins after eleven years of inactivity

    BTC Whale moves $37M worth of bitcoins after eleven years of inactivity

    • There has been an increase in the number of early crypto holders moving tokens to new wallets.
    • The BTC whale moved all their bitcoins to a new wallet.
    • Whales make such moves in preparation for selling or alternative investments.

    Lookonchain has revealed that an early Bitcoin (BTC) holder transferred $37 million worth of bitcoins to new wallets after eleven years of inactivity. The move has ignited speculation about the motive behind this move.

    In the early hours of Wednesday, the Whale, a term used to describe a powerful owner of any financial asset, transferred all of their 1,037.42 bitcoin to a new address, “bc1qtl.” Although involving a staggering BTC amount, the token movement has had very little impact on the market seeing that Bitcoin (BTC) price has barely moved. BTC was trading at $29,192.78, up 0.06% in the past 24 hours.

    It is important to note that the transferred bitcoins were received on April 11, 2012, when the price was $4.92. The 1,037.42 BTC was at the time worth $5,107.

    Why did the Whale transfer the BTC?

    While such large cryptocurrency movements from early participants are mostly uncommon, they could mean the holder is preparing to sell the cryptocurrencies, stake on an exchange, or diversify their holdings for other tokens.

    The move is the most recent in a string of older wallets moving bitcoin (BTC) and ether (ETH) tokens to exchanges this year. At least four wallets transferred millions of dollars worth of bitcoins to exchanges or to other wallets in April.

    A wallet that had acquired over 61,000 ether (ETH) in an ICO eight years ago also transferred the entire sum to a wallet connected to the Kraken cryptocurrency exchange last week. These holdings, which were acquired during the ICO for 31 cents per token, are currently valued at over $116 million.

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  • Coinbase adds HNT, BLUR, ARB and four other altcoins for Germany users

    Coinbase adds HNT, BLUR, ARB and four other altcoins for Germany users

    • Crypto exchange Coinbase has listed 8 tokens accessible on Coinbase.com and mobile
    • HNT, BLUR, ARB, EGLD, 00, AUDIO, LDO, ATA  are now tradable on Coinbase in Germany.
    • Dogecoin continues to outperform the market after X news.

    Coinbase, the leading US-based cryptocurrency exchange, has made a special announcement touching on eight altcoins.

    The crypto exchange’s announcement says these tokens are now available for trading in Germany, one of the European countries with the highest number of crypto owners.

    Helium (HNT), Blur (BLUR), Arbitrum (ARB) 

    According to the platform, these tokens are Helium (HNT), Blur (BLUR), Arbitrum (ARB), MultiversX (EGLD), 00 Token (00), Audius (AUDIO), Lido DAO (LDO) and Automata (ATA). The crypto assets are “available to Germany residents”, the announcement read.

    “Users can log in to buy, sell, convert, send, receive, or store these assets at Coinbase.com along with the Coinbase iOS and Android apps. To access trading, users may need to refresh their application,” the company posted on its Coinbase Assets account on X (formerly Twitter).

    Some of the listed tokens saw a surge in their prices following the development. However, many remained constrained as top cryptocurrencies struggled to hold onto gains. As Bitcoin hovered near $29k, altcoins like XRP and Solana were looking to keep bears off near key technical levels.

    Meanwhile, Dogecoin continued to see upside action following yesterday’s Twitter rebranding to X. With speculation about a potential integration of DOGE as a payment currency on X Payments, the price of DOGE rose more than 10% in the past 24 hours.

    At the time of writing, the meme coin was trading above $0.081, its highest price since April.

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  • XRpcashone new xrp hype token on binance smart chain sponsored post

    XRpcashone new xrp hype token on binance smart chain sponsored post

    XCE was brought out to make u earn XRP passively transaction XRP is one of the tokens that can do well in the bull Grab a bag now and earn XRP passively

    Skip to Main Content

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    BUY $XCE

    XRPCASHONE

    ​BUY $XCE

     XCE was brought out to make you earn  XRP passively in every  transaction

    FAIR LAUNCH  on  PINKSALE
    Starts 20th July 2023⏰14:00 pm 
    Ends 23rd July 2023🕙 14:00 pm                            
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    Contract
     0x1b818ceCF52e3B47EE47F7C909E023E4D1B3027C

    buy and sel 7٪
    Max Supply: 100,000,000,00

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     AUDIT👇👇   AND         KYC 👇👇

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    THE STORY 

    ABOUT US

    XCE was brought out to make you earn XRP passively in every transaction. XRP is one of the tokens that can do well in the bull. Grab a bag of XCE now and earn XRP passively. 

    project was designed in a way that encourages long-term investment

    READ OUR WHITEPAPER

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    Bullish

    ​

    Liquidity has been locked for 1 year after launch, XRP CASHONE liquidity will be extended ahead of time as it grows. Besides that, we will lock team tokens for a year and will open a small percentage after 5 months for donations only and not for the team. The contract is audited and KYC will be available very soon on the website.       

      Long term vision

    We aim to be the #1 XRP reward coin that will provide a stable income in XRP. 7% buy and sell tax is also the sweet spot for longevity while still receiving good rewards.

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    Complete Success

    We must have faith in the group! XCE is here to stay. We must, however, follow the adage, “We will get it with patience and perseverance,” if we are to be successful.  Experience: All of the devs have experience working for other crypto projects. This is also one of the main motivators to start our own project. Community building: The XRP community has strong believers and a loyal following. We understand how important a strong community is and one of our emphases will be building a strong XRPCASHONE community.

    Burn

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    We will have a big burn on the 10th of August 2023, 10% of the supply will be burned. 
    We plan to burning 50% of the tokens, we have burned just 30% for now. So far, we have locked 20% of the tokens, this will be opened in parts and burned. The burns will help XCE prices stay strong. 
    Why should you trust us? 
    • KYC and Audit
    • Team tokens and donations locked for one year.
    • 50% of the supply will be burned.
    • Renouncing of ownership after presale
    • Holders will earn 3% of xrp on each trade
    People will join with confidence
    ~XRP CASHONE

    Roadmap

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    PHASE
    01

    ⚠️ Website & Smart ContractTesting
      +Social media creation
    ⚠️Audit and KYC
    ⚠️Strong Marketing Youtube&Telegrm                                                                   VIP
    ⚠️fair Launch on PinkSale
    ⚠️30% Huge Burn
    ⚠️Renouncing of ownership 
    ⚠️Launch on PancakeSwap    
    ⚠️Dextools UPDATE
    ⚠️Big marketing everywhere                       YouTube, Twitter, Telegram
    ⚠️ Listed On CMC & CG

    PHASE
    02

    ⚠️Release of the XRPcashone Dapp v1 
    ⚠️ Team Expansion
    ⚠️ Reward Tracker Bot (TG)
    ⚠️ Massive Marketing
    ⚠️ 2000+ Holders
    ⚠️ Trust wallet and Metamask price            updates
    ⚠️ 10% Huge Burn

    PHASE
    03

    ⚠️10,000+ Holders
    ⚠️ Strong WorldWide Marketing
    ⚠️ 10% Huge Burn
    ⚠️     10M+ MC 
    ⚠️ Donations
    ⚠️ Upgrading the website> V2
    ⚠️Release of the XRPcashone Dapp v2 
    ⚠️ Listed on CEX
    ⚠️ Mexc and gate.io 
    ⚠️ Xrpcashone swap launch
    ⚠️ Billboard ads

    PHASE
    04

    ⚠️  Tier 2 CEX listing
    ⚠️ 50m+MC
    ⚠️ Sponsorship Agreements
    ⚠️ Staking Platform
    ⚠️ 50,000+ Holders
    ⚠️ Xrpcashone hot wallet and                      cold wallet launch
    ⚠️ Continue to market worldwide
    ⚠️ Big exchanges exploration                     (🔥    BIG surprise

            updates      roadmap

    ANNOUNCEMENT

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    October1th 2023, 5,000,000,000
    tokens will be unlocked and Listed on CEX mexc and gate.io
    UPCOMING

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    January1th 2024, 5,000,000,000
    tokens will be unlocked and Listed on CEX kucoin and OKX
    UPCOMING
    ? BIG surprise

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    EASY STEPS 

    HOW TO BUY $XCE

    1

    Open
    Pancakeswap

    2

    Copy $XCE Contract

    3

    Confirm the Transaction

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    Receive Your Tokens

    1% Liquidity pool

    3% Rewards in XRP

    3% Marketing

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    JOIN OUR
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    BUY XCE

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    JOIN TELEGRAM

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