bitcoinlfg

Tag: Bitcoin

  • Bitcoin (BTC) regains momentum just in time for the upcoming 0DOG exchange listing

    Bitcoin (BTC) regains momentum just in time for the upcoming 0DOG exchange listing

    • At press time, Bitcoin trades at $67,260 marking a 3.57% rise over the past day.
    • Bitcoin transaction volumes remain subdued despite the resurging BTC value.
    • Bitcoin Dogs await token claiming and exchange listing with bated breath.

    Bitcoin (BTC) has surged back into the spotlight, with its price hitting a high of $67,744 in the past 24 hours.

    This surge in value comes just in time for the much-anticipated exchange listing of 0DOG, the native token of Bitcoin Dogs.

    BTC price moves out of consolidation

    The recent Bitcoin price surge comes after a period of consolidation and uncertainty in the cryptocurrency markets that followed Bitcoin’s ascent to its new ATH of $73,750.07 11 days ago.

    Analysts attribute Bitcoin’s recent price surge to several key factors. One significant factor is the growing interest from institutional investors and Wall Street in spot Bitcoin ETFs listed on Nasdaq. This influx of institutional capital into the cryptocurrency markets has contributed to the upward momentum of Bitcoin’s price.

    Furthermore, the concentration of trading volume within these ETFs has led to a surge in Bitcoin’s value.

    However, despite the soaring price, on-chain transaction volumes in terms of US dollars remain subdued compared to the levels witnessed during the bull market of 2021. This discrepancy suggests a prevailing sentiment among investors to hold onto their Bitcoin, anticipating further price appreciation.

    In addition, even with Bitcoin hitting a record high of $73,750, there is a noticeable decline in economic transactions on its blockchain.

    Analysts from Blockware Solutions highlight a discrepancy between the soaring price and the muted on-chain dollar volume. Current data shows average transfer volumes to be under $200,000, a stark contrast to the 2021 bull market where figures exceeded $1 million.

    However, Blockware Solutions analysts further speculate that a significant Bitcoin price movement will precipitate an increase in on-chain volume as seasoned Bitcoin holders may begin moving assets to exchanges for sale.

    The data also shows a growing portion of Bitcoin that has remained inactive for 3 to 4 years, reflecting the confidence of long-term investors. Projections from experts suggest that Bitcoin’s price could ascend to six figures in the near term. For instance, Standard Chartered projects that it will breach $150,000 in 2024.

    Bitcoin Dogs: investors await exchange listings

    As Bitcoin jumps back into the limelight, Bitcoin Dogs, a Bitcoin-based dog-themed project, has garnered significant attention in the recent past with its unique platform where dog lovers and crypto enthusiasts come together to trade, collect, and engage in various activities within the Dogeverse.

    Central to the Bitcoin Dogs ecosystem is its native token, 0DOG. This token serves as a utility and governance token within the platform, allowing users to participate in various activities such as trading, staking, and governance decisions.

    Additionally, Bitcoin Dogs features Non-Fungible Tokens (NFTs) representing digital collectibles of virtual dogs, adding a layer of gamification and collectibility to the platform.

    The recent conclusion of the 0DOG token presale marks a significant milestone for the Bitcoin Dogs project. The presale, which lasted for a record 30 days, witnessed overwhelming participation from the cryptocurrency community, resulting in a successful fundraising effort.

    Following the presale, participants will soon be able to claim their 0DOG tokens and engage in trading activities on the platform.

    The success of the presale underscores the growing interest and confidence in the Bitcoin Dogs project, highlighting its potential for future growth and adoption.

    Investment outlook: Bitcoin vs Bitcoin Dogs

    As Bitcoin continues to regain momentum and reach new highs, investors are faced with the question of whether now is a good time to invest in Bitcoin or Bitcoin Dogs.

    Well, while past performance is not indicative of future results, the bullish sentiment surrounding Bitcoin’s price trajectory and the promising prospects of projects like Bitcoin Dogs may present attractive investment opportunities for those looking to diversify their portfolios in the cryptocurrency space.

    However, as investors navigate these exciting developments, careful consideration of market trends and project fundamentals will be essential in making informed investment decisions in the ever-changing landscape of digital assets.

    Share this article
    Categories
    Tags

    Source link

  • DeFi’s TVL reaches $100B with Bitcoin boost, high expectations for Cardano’s AI competitor

    DeFi’s TVL reaches $100B with Bitcoin boost, high expectations for Cardano’s AI competitor

    It’s just three months into 2024 and it’s still raining records in the crypto sector. The latest one came on March 9, 2024, after the global value of DeFi protocols crossed $100 billion as the rising demand for Bitcoin (BTC) fueled interest in top cryptos to invest in. 

    Bitcoin has been growing impressively since the launch of BTC ETFs in the US after a landmark decision from the country’s regulators.

    There’s reason to cheer in the altcoin space too. Altcoin holders are in good spirits after InQubeta (QUBE) recently made waves with its positive price action. 

    The QUBE token has left analysts impressed with its presale gains. With its cryptocurrency ICO raising more than $11.9 million so far, some investors see it as a potential competitor for Cardano (ADA). 

    InQubeta: helping AI startups rise higher

    InQubeta is a crypto-based crowdfunding platform for AI projects. The Ethereum-powered platform connects AI innovators with a community of investors, mentors, and financial experts, and helps them scale their business.  

    People can participate in the process by purchasing its QUBE token and buying NFTs that represent the projects. Once the transaction is processed, the funds are transferred to the startup and the buyer gets to own a share in the former’s equity. 

    Besides fundraising, InQubeta helps startups scale their projects through mentorship and marketing support. The platform connects innovators with an extensive network of professionals. Some of these professionals include veterans who come with years of experience and can guide startups through the challenges of the AI industry. 

    The vibrant community can also help them with brand strategy and marketing their projects. To maintain a distinctive brand presence, startups can leverage InQubeta’s social media channels. 

    Rated as one of the best altcoins for 2023, the QUBE token has to thank its deflationary model for its popularity. The model contracts the token supply when the markets are in red. 

    The reduced supply allows the price to stay stable and demand to rise. The advantage helps the token retain its audience and even draw more crypto users. If there is any increase in token supply during such a time, it’s checked by burning the additional tokens. 

    The InQubeta team has created an ambitious roadmap for the platform and its longevity. As per the plan, several new initiatives in store will enhance the platform’s brand presence. 

    The first among such initiatives is a staking dApp for crypto users that will also boost blockchain growth. The team is also looking to get the QUBE token listed on a centralized exchange so that more people can explore its USPs. 

     

    Bitcoin has become eighth most valuable asset in the world

    Bitcoin is a top-notch cryptocurrency that supports high-speed and secure online transactions. As investing in BTC ETFs reaches new highs, its native token BTC has become among the highest-grossing assets globally.

    The BTC token’s growth has helped the crypto market attract more people. In March, the global value of DeFi protocols reached $100 billion due to a Bitcoin-led rally.

    In a related development, Bitcoin’s market capitalization reached $1.42 trillion, making it the eighth most valuable asset globally.

    Cardano to partner with Dubai police

    Cardano is a public blockchain that’s powered by the Ouroboros protocol. The evidence-based methodology behind the protocol gives Cardano leverage over new altcoins. The open-source platform supports seamless dApp deployment with its scalability. Its native token is ADA and it’s used for various transactional purposes on the blockchain. 

    It recently unveiled its ‘SuperNode’ feature that aims to ramp up smart contracts operations through a more efficient and scalable ecosystem. 

    The blockchain has been in the news due to its collaboration with the Dubai police. According to reports, the Dubai police department will be joining hands with the Cardano Foundation to leverage blockchain to improve its data security measures. 

    Conclusion

    Apart from driving financial inclusion, Bitcoin, InQubeta, and Cardano have emerged as popular options for increasing generational wealth. With their sustained growth, these tokens are fast outperforming other asset categories and analysts are recommending them for long-term holdings.

    The uptick in these coins’ popularity comes after a slew of new initiatives that have expanded their scope. For Bitcoin, the ETF mania unlocked a major growth surge. In the case of Cardano, its lightweight consensus and collaborations have bolstered its market presence. 

    Meanwhile, InQubeta has been riding high after its AI-centric platform and presale success took the world by storm.

    These tokens sport cutting-edge security frameworks and consensus protocols that boost investors’ confidence in their potential.

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin Dogs presale ends with over $13.4 million raised: What next for 0DOG?

    Bitcoin Dogs presale ends with over $13.4 million raised: What next for 0DOG?

    • Bitcoin Dogs (0DOG) has officially closed its presale.
    • What next after the world’s first BRC-20 ICO raises $13.4 million?
    • 0DOG price in the last presale stage was $0.0404 – can it reach $1 in 2024?

    The Bitcoin Dogs (0DOG) presale officially closed on Friday March 15, 2024. The project’s pioneering ICO on the Bitcoin network ended with over $13.4 million raised in 30 days.

    As the community awaits the next steps, there’s anticipation for what the highly successful presale could mean for 0DOG’s price.

    Bitcoin Dogs: What next after ICO raises $13.4 million?

    Bitcoin Dogs is a new project aiming to become the leading BRC-20 platform. The GameFi project launched its native token 0DOG in presale last month, offering 810 million tokens over a 30-day ICO.

    As planned, the presale ended on March 15. Details on the official website indicate early buyers allocated $13,486,238.3.

    The Bitcoin Dogs team notes that while the presale is now closed, that’s just the beginning of what’s to come for the gaming and NFT project.

    “The presale has been an incredible success, and this really is just the beginning for Bitcoin Dogs… we’re finalising the exact plans for taking our token to public markets and we absolutely can’t wait to share the details with you once it’s all set in stone,” an update on the Bitcoin Dogs website states.

    Other than exchange listing, the next steps also include how presale participants can claim their 0DOG before they start trading.

    The team has also shared a similar message via its X and Telegram social channels, which have 129.2k followers and 29.3 members respectively.

    Bitcoin Dogs price outlook: How high can $0DOG go in 2024?

    As highlighted on the Bitcoin Dogs whitepaper, this project looks to tap into Bitcoin’s secure and reliable network. The goal is to unlock the next GameFi and NFT breakout project in the Bitcoin ecosystem.

    That much is likely to happen as the BRC-20 market grows, with experts forecasting dominance for ordinal inscriptions, gaming and DeFi in this flourishing BTC landscape. Forecasts for Bitcoin in coming months, despite its latest dip, also support the price outlook for 0DOG.

    MicroStrategy, BlackRock and other companies are also doubling down on Bitcoin, with spot BTC ETFs on a great upward curve.  

    In this scenario, its possible Bitcoin Dogs could become one of the top performers in 2024. A total supply of only 900 million and 10,000 unique Ordinal NFTs are bullish catalysts too.

    While the presale therefore closed with 0DOG at $0.0404, market trading could see it quickly rise. 0DOG could potentially spike to $1 in 2024.

    For more on Bitcoin Dogs, go to the official website.

    Share this article
    Categories
    Tags



    Source link

  • Bitcoin Dogs presale crosses $11.2 million a day to its end

    Bitcoin Dogs presale crosses $11.2 million a day to its end

    • Bitcoin Dogs presale exceeds $11.2M in 28 days, poised for Tier 1 exchange listings.
    • The project merges crypto and canine culture, offering Dogeverse for engagement.
    • Bitcoin Dogs’ success comes amid BTC’s price surge and Elon Musk’s Dogecoin endorsement.

    Bitcoin Dogs, a pioneering project at the intersection of cryptocurrency and canine culture, has seen its presale soar past $11.2 million in just 28 days.

    With its presale set to conclude imminently, the project is making waves in the crypto community, attracting both investors and enthusiasts alike.

    Bitcoin Dogs: where crypto meets canine craze

    Bitcoin Dogs isn’t just another cryptocurrency project; it’s a vibrant ecosystem where dog lovers and crypto fanatics converge to trade, collect, and engage in a myriad of dog-themed activities.

    Positioned as the ultimate mashup of crypto and man’s best friend, Bitcoin Dogs offers a playground where fun is mandatory, and rewards are plentiful.

    At the heart of Bitcoin Dogs lies the Dogeverse, a virtual realm where every interaction is an opportunity for growth and engagement. With features like NFTs, social contests, and PvP challenges, the Dogeverse promises endless entertainment for its users.

    The project’s roadmap outlines ambitious plans for expansion, including the introduction of NFTs, game launches, and partnerships with Play-to-Earn platforms.

    As Bitcoin Dogs continues to evolve, it aims to solidify its position as a leader in the burgeoning Game-Fi space, where gaming meets decentralized finance.

    Bitcoin Dogs presale: riding the wave of crypto frenzy

    Bitcoin Dogs’ successful presale has garnered attention from investors worldwide, with contributions surpassing $11.2 million and counting. This remarkable feat underscores the project’s appeal and potential within the crypto community.

    The timing of Bitcoin Dogs’ presale couldn’t be better, coinciding with a surge in interest surrounding Bitcoin.

    With BTC’s price surpassing $73,000 and mainstream adoption on the rise, investors are looking for alternative ways to capitalize on the crypto boom. Bitcoin Dogs offers precisely that, providing a unique avenue for investment and engagement.

    Moreover, Bitcoin Dogs is part of a broader trend of dog-themed meme coins gaining traction in the market. Projects like dogwifhat (WIF) and Dogecoin (DOGE) have captured the imagination of investors, with the latter recently receiving an endorsement from none other than Elon Musk, who hinted at the possibility of accepting Dogecoin as a payment option for Tesla.

    Looking ahead: Tier 1 exchange listings and beyond

    As Bitcoin Dogs’ presale draws to a close, anticipation is building for its next phase of development. With funds raised during the presale, the project is poised to accelerate its growth and expand its reach.

    One significant milestone on the horizon is the listing of $0DOG tokens on Tier 1 crypto exchanges, which will provide liquidity and accessibility to a broader audience of investors.

    Conclusion

    Bitcoin Dogs’ presale success is a testament to the growing appetite for innovation and creativity in the crypto space.

    By tapping into the timeless appeal of dogs and combining it with the excitement of blockchain technology, Bitcoin Dogs has carved out a niche for itself in the ever-evolving world of cryptocurrency.

    As it continues to make strides in its journey, Bitcoin Dogs is poised to make a lasting paw print on the crypto landscape.

    To own your own 0DOG tokens and be part of the Bitcoin Dogs community, it is not too late to visit the Bitcoin Dogs official website and purchase a share of the tokens at $0.0404 in the final stage before the presale comes to an end.

    Share this article
    Categories
    Tags



    Source link

  • Patient Capital Management ditches Grayscale Bitcoin Trust for Bitcoin ETPs

    Patient Capital Management ditches Grayscale Bitcoin Trust for Bitcoin ETPs

    • Patient Capital Management shifts from Grayscale to Bitcoin ETPs diversify investment portfolio.
    • An updated SEC filing shows that the firm has replaced Grayscale Bitcoin Trust with Bitcoin ETPs.
    • The firm plans to allocate $200 million to Bitcoin ETPs.

    Patient Capital Management, a prominent asset management firm with $1.4 billion in assets under management, has updated its investment strategy pivoting from the Grayscale Bitcoin Trust to Bitcoin Exchange Traded Products (ETPs).

    The move reflects a significant shift in its approach to digital asset exposure.

    Patient Capital Management filling with the SEC

    Patient Capital Management made a filing with the U.S. Securities and Exchange Commission (SEC) on March 11 expanding its investment horizon by replacing its exclusive reliance on the Grayscale Bitcoin Trust.

    The firm now aims to allocate up to 15% of its net assets to Bitcoin ETPs, broadening its exposure within the rapidly evolving cryptocurrency market.

    This strategic shift is not only about diversification but also a proactive response to the changing regulatory landscape.

    The updated prospectus emphasizes “cryptocurrency regulatory risk” over “Bitcoin risk,” underlining the firm’s awareness of the evolving legal and regulatory framework governing digital assets.

    Replacing all Grayscale BTC Trust with Bitcoin ETPs

    The amendment replaces all references to the Grayscale Bitcoin Trust with mentions of Bitcoin ETPs, signifying Patient Capital Management’s departure from a single investment vehicle to a diversified approach.

    The move is fueled by a desire to stay competitive and responsive to the dynamic cryptocurrency investment landscape, where institutional players are increasingly seeking exposure through various financial instruments.

    The filing reveals Patient Capital Management’s intent to invest up to $200 million in Bitcoin ETPs, showcasing a substantial commitment to the cryptocurrency space. The firm’s decision aligns with the prevailing trend where institutional investors seek cost-effective and flexible investment options beyond traditional vehicles like the Grayscale Bitcoin Trust.

    This shift also sheds light on the fee considerations among institutional investors. While Grayscale’s Bitcoin Trust maintains an annual management fee of 1.5%, newer entrants like VanEck and Ark Invest offer lower fees, prompting asset managers like Patient Capital Management to explore more cost-efficient options in the Bitcoin ETP landscape.

    Patient Capital Management’s move comes at a time when Bitcoin ETFs have gained traction, surpassing $58 billion in total net assets within their first two months.

    The recent Bitcoin price surge to $73,000 and its elevation to the eighth-largest asset globally underscore the growing prominence of digital assets in the global financial market.

    Share this article
    Categories
    Tags

    Source link

  • Altsignals (ASI), Bitcoin (BTC), Ethereum (ETH) price predictions

    Altsignals (ASI), Bitcoin (BTC), Ethereum (ETH) price predictions

    • Bitcoin (BTC) eyes $80K amid institutional FOMO & strong hodling.
    • Ethereum (ETH) bullish, targets $4,868 ATH with robust technicals.
    • AltSignals (ASI) set a new ATH at of $0.006026.

    In the fast-paced world of cryptocurrency trading, accurate price predictions are highly sought after by investors looking to make informed decisions. Today, we delve into the latest price predictions for three prominent cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and AltSignals (ASI).

    These predictions are based on a combination of market analysis, technical indicators, and industry trends.

    Bitcoin price prediction: eyes on $80,000

    Bitcoin, the pioneering cryptocurrency, is experiencing a surge in momentum, recently reaching a new peak of $72,800 on Binance.

    Analysts speculate that the price could climb even higher, potentially touching the $80,000 psychological level.

    The market is currently witnessing institutional FOMO (fear of missing out), as BTC holders show resilience, refraining from significant sell-offs.

    Technical indicators, such as the Relative Strength Index (RSI), continue to show strength despite overbought conditions. This suggests that Bitcoin might extend its upward trajectory.

    However, profit-taking could lead to a pullback, with key support levels identified at $69,000 and the supply zone between $62,278 and $65,618.

    Ethereum price prediction: expected to reclaim its ATH

    Ethereum, not to be outdone, is displaying robust performance, holding above $4,000. With an impressive 85% increase since the start of the year, ETH is poised to reclaim its all-time high of $4,868.

    The Awesome Oscillator (AO) and RSI signal strong buyer presence and rising momentum, indicating the potential for a 20% climb.

    In case of a pullback, Ethereum may find support around $3,602, providing an opportunity for traders.

    AltSignals’ ASI token and ActualizeAI ecosystem

    AltSignals is set to revolutionize the trading landscape with ActualizeAI, a groundbreaking upgrade incorporating artificial intelligence, machine learning, and natural language processing.

    The AltSignals platform aims to leverage these technologies to provide a fully automated and 24/7 trading capability, improving accuracy and risk management while offering advanced sentiment analysis support.

    The ASI token, integral to the AltSignals ecosystem, was recently been listed on Uniswap after a successful presale that raised 1.8 million. At press time, the ASI/USDT trading pair on Uniswap v3 was trading at $0.005964, 52.56% higher than its all-time low price of $0.003913 recorded on March 5, 2024.

    Although, rising at a sluggish pace, the ASI token hit an all-time high of $0.006026 on March 11, 2024, and analysts expect it to ride the current bullish market sentiment and AI hype and possibly drop a zero by April.

    Beyond trading on Uniswap, ASI holders currently have the opportunity to stake their tokens, earning rewards of up to 25% in the ongoing ASI staking program.

    As a deflationary token, ASI comes with a countdown mechanism, providing access to evolving ActualizeAI trading products and contributing to increased token value.

    ActualizeAI introduces an AI Members Club, rewarding participants with ASI tokens for contributions to product development, backtesting, feedback, and ideas. It emphasizes community governance, allowing token holders to influence the project’s direction.

    What does the future hold for ASI holders?

    Looking ahead, AltSignals has outlined a transparent roadmap, ensuring the community’s involvement and maximizing value for token holders. The roadmap spans quarters, with milestones such as token presale launch, AI model development, dashboard design, burn & staking mechanisms, and partnership acquisitions.

    ActualizeAI’s roadmap includes the development of a real-time dashboard and notifications powered by a sentiment analysis engine. New AI product releases, a 2-Click onboarding design, and increased global marketing efforts are anticipated in the coming quarters.

    AltSignals’ success is underscored by its head start as an established business in 2017. 

    With a loyal community of 50,000 signal users, this predictive machine learning is poised to revolutionize trading indicators, providing a unified platform for both traditional and cryptocurrency markets.

    As AltSignals continues to capture global investor interest, the integration of ActualizeAI promises to disrupt the trading industry, providing traders with cutting-edge tools and technologies for a seamless and empowered trading experience.

    Share this article
    Categories
    Tags

    Source link

  • Mudrex set to introduce U.S. Bitcoin ETFs to Indian investors

    Mudrex set to introduce U.S. Bitcoin ETFs to Indian investors

    • Mudrex to offer US Bitcoin ETFs to Indian investors.
    • Mudrex will facilitate access to BlackRock, Fidelity, Franklin Templeton, and Vanguard spot ETFs.
    • Indian regulatory environment poses challenges with RBI restrictions.

    Mudrex, a California-based crypto investment platform, is set to revolutionize the Indian investment landscape by offering U.S. spot bitcoin exchange-traded funds (ETFs) to both institutional and retail investors.

    This move marks a significant milestone in bridging global investment opportunities with Indian markets, despite regulatory challenges.

    An unprecedented offering amid regulatory divide

    Mudrex’s decision to provide access to U.S. spot bitcoin ETFs comes at a time when India’s crypto regulatory environment remains divided.

    While the Reserve Bank of India (RBI) has maintained a cautious stance on cryptocurrencies, the Intelligence Unit of the Finance Ministry has registered numerous Indian crypto service providers.

    This dichotomy underscores the complexities of navigating regulatory frameworks in the country.

    Merdrex to streamline transactions under the LRS

    With a subsidiary registered in India and licenses in the European Union, Mudrex is strategically positioned to facilitate the trading of bitcoin ETFs for Indian investors.

    By leveraging strong banking relationships, the platform aims to streamline transactions under the Liberalised Remittance Scheme (LRS), enabling users to diversify their portfolios with a minimum investment of $5,000 and a maximum limit of $250,000 per year.

    Under the LRS, Indians are permitted to invest up to $250,000 annually in overseas securities, including bitcoin ETFs.

    Mudrex’s platform empowers investors to capitalize on this opportunity, providing access to a range of U.S. spot ETFs from reputable firms such as BlackRock, Fidelity, Franklin Templeton, and Vanguard. This move aligns with the platform’s mission to democratize access to global investment opportunities while adhering to regulatory guidelines.

    Institutional interest

    With over 350 institutions engaging with Mudrex, the platform anticipates significant uptake among investors.

    Approximately 20 institutions have already initiated the process of joining, signalling a growing appetite for Bitcoin ETFs in the Indian market.

    Moreover, with an average ticket size of $110,000, Mudrex foresees substantial trading volumes, reflecting the increasing demand for diversified investment instruments.

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin (BTC) could resume rally as Rebel Satoshi ($RBLZ) attracts investors willing to buy at launch

    Bitcoin (BTC) could resume rally as Rebel Satoshi ($RBLZ) attracts investors willing to buy at launch

    • Bitcoin could soon regain its recent all-time high amid an upcoming halving event, huge ETF capital inflow, and favourable macroeconomics.
    • Newly released Rebel Satoshi presents a strong case for being the next viral meme coin.

    Bitcoin is proving many doubters wrong on how it may be the best crypto investment. After a round of profit-taking following the all-time high it set earlier this week, BTC could be set to regain that level again in the near term. However, it’s not the only project receiving attention.

    The new rebellious meme coin, Rebel Satoshi ($RBLZ), is beginning to attract investors after an eagerly awaited official launch. Learn more later about the project and how to get involved. Let’s first begin the news by looking at Bitcoin’s rise.

    Bitcoin surpasses $69,000; sets new all-time high

    Bitcoin has shown no let-up in its recent surge, which began in September 2023. The monthly low for BTC back in September was $24,923.10, but this has now shot up by 177% to a new all-time high of $69,063.10. 

    The rally in BTC happened sooner than expected for many analysts in 2024. Analysts note Bitcoin’s halving next month as a major catalyst. However, it’s surprising that BTC has never surged so much before any of the three previous quadrennial halvings. Historically, Bitcoin tends to dip following this event, which is what many experts anticipate. Nonetheless, it’s a considerable factor in the bullish sentiment.

    Another contributing factor is the billions of dollars continually pumped into Bitcoin exchange-traded funds, a sign of much-needed institutional interest. 

    Finally, macroeconomics also favours BTC, with speculation of an interest rate cut for the US dollar. This often prompts investors to seek higher-yielding assets like BTC and other top crypto coins.

    Many forecasts now suggest Bitcoin can reach a yearly peak of $75,000. Yet, there is a chance for a decline based on what happens after halving events.

    Rebel Satoshi offers exciting developments following its recent launch

    Rebel Satoshi is a new meme coin that witnessed an eagerly awaited launch a few days ago. This comes after a fast-selling presale where investors committed over $2.5 million to the project’s revolutionary goals of defying the financial status quo. Rebel Satoshi hopes to fuel a new decentralized era in the current monetary system while maintaining rebel-themed meme culture.

    Rebel Satoshi’s ultimate goal is to hit a market cap of $100 million. Yet, several key developments precede this objective. Users can anticipate an expansion of the meme coin’s ecosystem this month. These additions include the Rebel Satoshi Arcade, a game collection that combines entertainment and empowerment. Moreover, fellow rebels will dress themselves in rebellion with merchandise.

    The core ecosystem remains intact, facilitated by ownership of the $RBLZ token. Holders are set to begin trading 9,999 unique collectibles and digital art characters in the Rebel NFT Vault. The developers plan to release part of this collection this month.

    Following this marketplace of soon-to-be trending NFTs is the Revolutionary Staking Hub, where members can earn extra $RBLZ tokens from staking. This represents another income source for the community.

    Rebel Satoshi has just listed $RBLZ on the Coinstore and Uniswap trading platforms for $0.025, with more integrations planned for 2024. The present-day value for $RBLZ is 150% higher than its initial price of $0.010 in the presale’s first round. Some analysts predict that this coin might become the next viral meme, attracting a growing number of investors.

    For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

    Share this article
    Categories
    Tags

    Source link

  • Swissblock analysts predict a $76k Bitcoin price target as Bitcoin Dogs presale ends in eight days

    Swissblock analysts predict a $76k Bitcoin price target as Bitcoin Dogs presale ends in eight days

    Key takeaways

    • Bitcoin set a new all-time high of $69,170 earlier this week and market experts expect it to rally higher.

    • Bitcoin Dogs has raised more than $8 million so far and its presale will close in eight days.

    Bitcoin sets a new all-time high, targets $76k

    The cryptocurrency market has been extremely bullish this week, with Bitcoin setting a new all-time high price on Tuesday. BTC traded at $69,170 on Tuesday, setting a new all-time high for the first time since November 2021. BTC flash crashed to the $62k level after reaching a new all-time high on Tuesday but is slowly recovering. 

    At press time, the price of Bitcoin stands at $65,864.60, up by more than 3% in the last 24 hours. Thanks to the recent rally, Bitcoin’s market cap has now crossed the $1.2 trillion mark for the first time in over two years.

    Despite setting a new all-time high, Swissblock analysts are confident that BTC’s quick break back above the $62,000 level marked the start of a fresh uptrend targeting the $76,000 price level.

    What is Bitcoin Dogs?

    Bitcoin Dogs is one of the projects attracting attention within the Bitcoin ecosystem. It is a unique project as it is the first BRC-20 ICO on the Blockchain network. 

    According to the development team, Bitcoin Dogs will offer investors an exciting value proposition by combining the basic features of cryptocurrency, non-fungible tokens (NFTs), decentralised finance (DeFi), and Web3 culture. This combination will enable users to enjoy an immersive experience when they engage with the Bitcoin Dogs project.

    The Bitcoin Dogs ICO began three weeks ago and has already raised over $8 million. Its launch came a few weeks after spot Bitcoin ETFs in the US launched. The spot Bitcoin ETFs launched by BlackRock, Fidelity, and others are raking in record numbers as more investors buy into the Bitcoin dream. 

    In addition to that, the Bitcoin halving is only 46 days away, and it is an exciting event that could see BTC’s price soar higher in the near term. All these contribute to the special nature of Bitcoin Dogs’ ICO in the market. 

    Bitcoin Dogs is setting a trend by becoming the first BRC-20 ICO on the Bitcoin blockchain. Its native $0DOG will power the Bitcoin Dogs ecosystem. 

    Bitcoin Dogs presale surpasses $8m

    The Bitcoin Dogs presale has already raised more than $8 million roughly three weeks after it was launched. The $8.13 million raised so far indicates rising interest amongst investors for this project and its token. 

    In their whitepaper, the Bitcoin Dogs team said there would only be 900 million $0DOG tokens. In addition to acquiring the tokens, investors would have access to an exclusive NFT collection and an immersive gaming ecosystem. 

    The presale will last for a month and is set to end in eight days. The team is already taking advantage of the rarity and novelty of BRC-20 to attract investors.

    $0DOG tokens would be minted on the Bitcoin blockchain but investors will buy them on ERC-20. This is due to the popularity of ERC-20 tokens. Investors will provide a BTC wallet address and receive $0DOG tokens after paying with ERC-20 tokens. Investors can pay for the $0DOG token using ETH, USDT and USDC stablecoins.

    Click here to learn more about the Bitcoin Dogs presale.

    Should you invest in the Bitcoin Dogs project as BTC sets a new all-time high?

    Bitcoin has set a new all-time high and investors are paying more attention to Bitcoin-related projects. Bitcoin Dogs is the first ICO on the Bitcoin blockchain and is already attracting interest from investors. 

    With the right level of adoption combined with the ongoing bullish cycle, $0DOG could become one of the biggest winners in the coming months and years. 

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin hits a new all-time high at $69,170: Will altcoins follow suit?

    Bitcoin hits a new all-time high at $69,170: Will altcoins follow suit?

    Key takeaways

    • Bitcoin reached a new all-time high price of $69,170 on Tuesday and altcoins could follow soon.

    • AltSignals’ ASI token is up by 17% in the last 24 hours and could rally higher soon

    Bitcoin sets a new all-time high

    Bitcoin, the world’s leading cryptocurrency by market cap, has set a new all-time high following its rally on Tuesday. BTC traded at an all-time high price of $69,170, its highest level since November 2021. 

    BTC experienced a flash crash following the new record to the $62k region. However, it has recovered and is now closing in on its all-time high price again. At press time, the price of Bitcoin stands at $67,459 per coin. BTC continues to rally ahead of the upcoming Bitcoin halving event. 

    AltSignals’ adoption continues as it gets listed on CoinGecko

    AltSignals continues to gain more adoption in the market weeks after ending its presale. The project is already benefiting from the ongoing Bull Run and could soar higher in the medium to long term.

    A few hours ago, AltSignals was listed on CoinGecko, one of the leading cryptocurrency data websites in the world. This means it is now easy to track ASI’s price, allowing investors to make informed decisions. 

    Following the conclusion of its presale, AltSignals is using the funds raised to develop products for its users. AltSignals is leveraging AI and blockchain technology to ease crypto trading and, in the process, help onboard more traders to the market. 

    What is AltSignals?

    AltSignals is a Web3 project that aims to gain adoption beyond the crypto space. The project provides services to traders in the crypto market and beyond. According to their whitepaper, AltSignals intends to make it easier for traders to have access to trading signals and other resources that would boost their trading strategies. 

    The project raised $1.8 million in its presale and is channelling most of the funds towards developing ActualizeAI, an AI solution that will make it easier for people to trade cryptocurrencies and other financial assets. 

    ActualizeAI will work 24/7, generating trading signals and helping traders to boost their strategies. Furthermore, ActualizeAI helps eliminate some of the obstacles traders face in the market. 

    AltSignals will be leveraging several technologies including blockchain, AI, natural language processing, machine learning, regression, and predictive modelling, to enhance its services. 

    AltSignal’s ASI surges by 17% 

    The cryptocurrency market has been bullish over the last few weeks and ASI has also been rallying. In the last 24 hours, ASI is up by 17% and is currently trading at $0.00493 per coin. 

    With the right level of adoption, AltSignals’ ASI token could be one of the gems of this bullish cycle. ASI is already live on the Uniswap platform and will become available on other decentralised and centralised crypto exchanges in the coming months. 

    Should I buy ASI now?

    AltSignals’ ASI token is up by more than 20% over the last seven days but still has room for growth.  Its token is already live on Uniswap and will also launch on a few other DEX and CEX in the coming weeks and months. 

    Those who missed out on the presale can still purchase ASI at a discount as the coin’s value remains low. However, with the right level of adoption and listing on multiple exchanges, ASI’s value could soar higher in the coming months and years. 

    Share this article
    Categories
    Tags



    Source link