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  • CryptoQuant places Bitcoin’s cycle peak at $146,000 as Ethereum enters ‘second bull market’; which undervalued crypto will lead the next bull run?

    CryptoQuant places Bitcoin’s cycle peak at $146,000 as Ethereum enters ‘second bull market’; which undervalued crypto will lead the next bull run?

    The ongoing bull cycle has caused a notable rise in activity in the crypto market. For Bitcoin, CryptoQuant projects a $146,000 cycle high. In the meantime, the firm predicts Ethereum to follow a historical pattern in its MVRV Ratio to enter a second bull market. Despite the positivity in the top two cryptocurrencies, a growing number of investors are rushing into Rexas Finance instead. At just $0.125, many analysts believe this undervalued crypto could lead the next bull market run.

    CryptoQuant Projects $146,000 for Bitcoin Cycle Peak

    According to crypto-analytic outfit, CryptoQuant, Bitcoin’s price cycle could peak at around $146,000. The firm claims to get this projection from the average acquisition cost of Bitcoin across the network—the realized price valuation. With Bitcoin reaching comparable highs in 2021, the realized price has been a decent gauge of market cycle peaks. Meanwhile, several macroeconomic events, institutional adoption’s ongoing upward momentum, and Bitcoin ETF interest might drive BTC above $146,000 this cycle. It is important to note that Bitcoin’s path is rocky. Geopolitical conflicts and unfavorable legislation, among other market elements, could possibly stop Bitcoin from reaching the projected high.

    BTC trades at $95,685 as of this writing, down just 2% over the previous day. Should the crypto market remain favorable, Bitcoin’s ascent might quicken, dragging Ethereum and other altcoins behind it.

    Ethereum Enters ‘Second Bull Market’

    According to a CryptoQuant analyst, Ethereum’s second bull market appears to be in shape. The forecasts show that at $4,000 in Q1 2024, the second bull run will be noticeably more dramatic than the first. The analyst pointed to a similar MVRV Ratio in the Ethereum price chart. During the year’s first quarter, the indicator surged to a really high level as the price surge was in progress. However, the indicator cooled back down in the bearish consolidation that followed the run, returning to the neutral 1 level.

    The MVRV Ratio has once more reversed upward with the most recent increase in cryptocurrencies. Interestingly, the quant on the chart also observed this trend during the previous two bull markets. Both runs comprised two periods in which the Ethereum MVRV Ratio peaked, and a cooldown occurred in between. ETH trades at $3600 as of this writing, a 2% drop over the last day. Analysts project Ethereum may end this period above $10,000. 

    Rexas Finance (RXS): The Undervalued Altcoin Set to Lead the Next Bull Run

    In the heart of Ethereum’s second bull market and Bitcoin’s expected rise, Rexas Finance is an undervalued cryptocurrency that could lead the next altcoin boom. By tokenizing real-world assets (RWAs), Rexas Finance is revolutionizing asset management with liquidity, global access, and fractional ownership. Rexas Finance opens up previously closed markets by turning illiquid assets like real estate, commodities, and art into digital tokens. With a few RXS tokens, a user can acquire fractional ownership of these highly valued assets from anywhere in the world, removing the high entry costs and geographic restrictions commonly seen in traditional sectors. 

    The project’s presale went quickly. Rexas Finance sold 290 million RXS tokens and raised $20.75 million in the first eight presale phases in three months. In Stage 9, the token price is $0.125 and predicted to rise to $0.150. With its fast presale, Rexas Finance is drawing attention. After the presale, RXS will be listed on at least three of the top 10 cryptocurrency exchanges, increasing its liquidity and market exposure. Rexas Finance’s platform offers new and existing users unique value with many features. Regardless of technical ability, anyone may construct digital tokens with the Rexas Token Builder. Rexas Launchpad fosters innovative blockchain ventures, while Rexas GenAI generates unique digital artworks using AI to make NFTs easier to develop. These technologies and Rexas Finance’s focus on security and compliance make it a user-friendly and powerful asset tokenization solution. 

    The Rexas Finance ecosystem encourages transparency and security. The platform’s Certik audit, which verifies smart contracts and code security, increases investor confidence. The project’s recent placement on CoinGecko and CoinMarketCap gives investors easy access to performance information and analysis, boosting its reputation. The project has huge market potential and price potential, enough to lead the next bull cycle. Real estate is worth $379.7 trillion, art and collectibles $65 billion, and financial assets $486 trillion. Rexas Finance plans to enter these massive markets by offering fractional ownership and tokenized access to these assets, giving common investors additional global market possibilities. The presale’s quick growth shows growing interest in tokenized real-world assets, and Rexas Finance is well-positioned to lead the next bull run with lower transaction costs and higher liquidity. 

    Conclusion

    With Bitcoin forecast to reach $146,000 and Ethereum’s second bull market underway, the next major cryptocurrency rise may be imminent. By tokenizing assets, Rexas Finance is becoming a serious challenger. Its speedy presale and rapid crypto growth make it a great investment for those looking to capitalize on the next round.  And what is more? Rexas Finance is running a $1 million giveaway, with the top 20 participants winning $50,000 worth of RXS. Jump on the project now to increase your chance of winning. 

    For more information about Rexas Finance (RXS) visit the links below:

    Website: https://rexas.com

    Win $1 Million Giveaway: https://bit.ly/Rexas1M

    Whitepaper: https://rexas.com/rexas-whitepaper.pdf

    Twitter/X: https://x.com/rexasfinance

    Telegram: https://t.me/rexasfinance

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  • Bitcoin (BTC) and Ethereum (ETH) lead the bull rally; Rebel Satoshi ($RBLZ) finally concludes presale event

    Bitcoin (BTC) and Ethereum (ETH) lead the bull rally; Rebel Satoshi ($RBLZ) finally concludes presale event

    • Top experts expect Bitcoin’s (BTC) price to rise beyond $70,000 as halving approaches.
    • Ethereum (ETH) proposal causes optimism among investors, who expect a surge in the DeFi coin price to $5,000 by the end of March.
    • Rebel Satoshi ($RBLZ) presale has concluded.

    Despite BTC and ETH’s continued rise to the top of the cryptocurrency market during this recent upswing, a new competitor has shown it can compete with the best DeFi tokens.

    Among BTC, ETH, and $RBLZ, which cryptocurrency should you buy? Let’s gather the most recent information from analysts and experts.

    BTC price forecast: can Bitcoin continue its upward trend?

    To stop currency speculation and stabilize the country’s collapsing Naira, the Nigerian government has placed access restrictions on several cryptocurrency exchanges, including Binance, Coinbase, Kraken, FXTM, and OctaFX, according to a report published in the Financial Times on February 22.

    Since this news was made public, the price of Bitcoin has increased by 22.45%, from $50,731.95 on February 23 to $62,121 on February 29. Experts in the cryptocurrency space who monitor BTC’s price have predicted that it will rise even higher. They predict that the upcoming Bitcoin halving will push it to $70,470 by March.

    However, many Bitcoin analysts have expressed pessimism and forecast an imminent decline for the top crypto coin. Based on past Bitcoin price trends, they claim that the price of BTC could drop to $47,680 by mid-March.

    Will Ethereum’s latest proposal spur a surge for ETH?

    On February 23, Mike Neuder of the Ethereum Foundation and Max Resnick, chief researcher at SMG, published the Concurrent Block Proposers in Ethereum thesis. The paper proposed the possibility of increasing the number of proposers in a single PoS Ethereum slot.

    Following this announcement, the value of ETH has demonstrated the expected upward movement. On February 12, ETH was trading at $2,658.12; however, by February 28, it had clocked in at $3,244.42, indicating a rise of 22.06%. The increase in Ethereum ETF applications has market experts bullish about Ethereum. Consequently, they predict that ETH will hit $5,000 by the end of March.

    On the other hand, because the MACD and the Awesome Oscillator are both in bearish territory, some analysts are bearish on Ethereum. As a result, they forecast that before the end of March, ETH will fall to $2,256.14. Despite this uncertain outlook, some analysts have advised investors to look into Rebel Satoshi due to its distinctive structure and lucrative presale.

    Rebel Satoshi concludes presale ahead of $RBLZ’s DEX listing

    Rebel Satoshi is currently positioned to be among the top meme coin projects of 2024 thanks to its creative features and strong presale performance. The project intends to use $RBLZ, its proprietary token, to usher in a new era of decentralization to accomplish this goal. A group of rebels dedicated to opposing centralized systems will define this new era.

    Holders of the $RBLZ token can also anticipate exclusive privileges and the opportunity to participate in the Rebel Satoshi ecosystem. The Rebels community will construct the Rebel Satoshi ecosystem, which will include a play-to-earn (P2E) game, an NFT marketplace, the Rebel NFT Vault, and a staking program.

    Right now, $RBLZ is concluding the fifth and final Recusants Round 5 of its presale, with a token price of $0.024. Before Rebel Satoshi’s official DEX launch, this price is anticipated to rise to $0.025; therefore, early $RBLZ investors may see a 150% return on their investment when the token launches.

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

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  • PEPE jumps 54% to lead meme coins as cryptocurrencies rally

    PEPE jumps 54% to lead meme coins as cryptocurrencies rally

    • PEPE price rose more than 50% to lead top meme coins Dogecoin and Shiba Inu.
    • The frog-themed meme token is now above Solana-based Bonk in market cap.

    Pepe (PEPE) has had the most bullish reaction to Bitcoin’s massive spike on Monday.

    The meme coin, which had taken a backseat as Solana-based meme tokens stole the show in late 2023, has overtaken Bonk (BONK) into third spot among largest meme coins by market cap.

    PEPE is outpacing Dogecoin (DOGE) and Shiba Inu (SHIB), the top two meme coins that have posted 24-hour gains of 12% and 14% respectively.

    Pepe (PEPE): Is the frog token back?

    Dogwifhat (WIF) and Floki (FLOKI) have registered 43% and 35% each in the past 24 hours, still off Pepe’s big move.

    PEPE has gained as on-chain metrics suggest a resurgence for the frog meme. In the past week, the token’s holders count has increased from 155,735 on February 24 to over 157,600 on February 27. New holder have increased by nearly 2,000 in just three days.

    Interest in the meme coin is also likely down to whale activity, with large accounts holding between $100,000 and $1 million in PEPE showing aggressive buying. Also notably, PEPE is among the tokens Robinhood Crypto recently added for availability in select jurisdictions in the EU.

    Binance and a few other top exchanges have also highlighted PEPE, with Binance running a 700,000 PEPE promotion in its Simple Earn program.

    Pepe (PEPE) currently trades around $0.0000002488.

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  • Bitcoin Dogs aims to take the lead with first ever BRC-20 ICO

    Bitcoin Dogs aims to take the lead with first ever BRC-20 ICO

    • Analysts foresee a possible Bitcoin surge to $50,000 amid the heightened Bitcoin halving hype.
    • Bitcoin Dogs unveils $0DOG token presale, the first BRC-20 ICO on the Bitcoin blockchain.
    • $0DOG offers access to Bitcoin Dogs’ NFT collection and immersive gaming ecosystem.

    Bitcoin Dogs, a pioneering project leveraging the power of Bitcoin, is set to revolutionize the crypto world with the inaugural BRC-20 token ICO. This innovative venture combines elements of cryptocurrency, non-fungible tokens (NFTs), decentralized finance (DeFi), and Web3 culture to create an immersive experience for investors and enthusiasts alike.

    With Bitcoin’s recent price surge and the introduction of spot ETFs, the timing couldn’t be more auspicious for Bitcoin Dogs to make its mark.

    Bitcoin Dogs: first-ever BRC-20 blockchain ICO

    Unlike traditional presales conducted using ERC-20 tokens on the Ethereum blockchain, Bitcoin Dogs introduces $0DOG as a novel investment opportunity on the Bitcoin blockchain. This strategic move not only highlights the project’s commitment to innovation but also underscores the potential for growth and adoption within the Bitcoin ecosystem.

    At the heart of the Bitcoin Dogs project lies $0DOG, the pioneering BRC-20 token poised to disrupt the crypto market. With 900 million tokens minted, $0DOG offers investors access to an exclusive NFT collection and an immersive gaming ecosystem reminiscent of popular titles like Axie Infinity and Tamagotchi. This unique blend of utility and entertainment positions $0DOG as a frontrunner in the burgeoning world of digital assets.

    Bitcoin’s price surge and implications for Bitcoin Dogs

    Amidst Bitcoin’s recent price surge, surpassing the $45,000 mark, industry experts predict further bullish momentum, potentially pushing the cryptocurrency towards the coveted $50,000 level as the highly anticipated Bitcoin halving event draws near.

    Bitcoin price chart

     

    This upward trajectory bodes well for Bitcoin Dogs and its $0DOG token, as heightened market sentiment and growing investor interest create a conducive environment for the project’s success. With the convergence of favourable market conditions and Bitcoin Dogs’ innovative approach, the future looks promising for crypto enthusiasts.

    As Bitcoin Dogs embarks on its journey to redefine the crypto landscape, the roadmap ahead is filled with exciting milestones and opportunities.

    From the debut of the NFT collection to the launch of the immersive gaming ecosystem, Bitcoin Dogs aims to captivate audiences and establish itself as a trailblazer in the realm of decentralized finance. With $0DOG serving as the cornerstone of this ambitious venture, investors and enthusiasts alike await eagerly to witness the project’s evolution and impact on the crypto industry.

    To grab the $0DOG tokens for yourself, you can visit the official Bitcoin Dogs website and participate in the presale

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  • SEI, TIA, and Bittensor lead altcoins surge; Everlodge brings Airbnb opportunities to web3

    SEI, TIA, and Bittensor lead altcoins surge; Everlodge brings Airbnb opportunities to web3

    • Recent network upgrade propels Celestia’s (TIA) demand.
    • SEI hits an all-time high at $0.295, showcasing a remarkable 151% monthly surge.
    • Everlodge (ELDG) redefines real estate investment bringing AirBnb opportunities to Web3.

    In the dynamic landscape of the cryptocurrency market, altcoins are making significant strides, capturing investor attention and defying Bitcoin’s dominance. Notable performers include Sei (SEI), Celestia (TIA), and the groundbreaking Bittensor (TAO).

    Additionally, Everlodge introduces a unique investment opportunity with its ELDG presale, revolutionizing fractional ownership in the real estate space.

    Celestia (TIA): riding high on network upgrade

    Celestia (TIA) has emerged as a strong contender, enjoying a steady 211.3% increase over the last 30 days amidst the recent crypto market turbulence.

    The token’s surge is partly due to the recent upgrade featuring a modular data availability network propelling TIA’s demand. With a market cap of over $1 billion, Celestia showcases vibrant market interest.

    Technical analysis suggests potential bullish trends, emphasizing TIA’s resilience and growth potential.

    Sei (SEI): record-breaking surge with growing social buzz

    Sei (SEI) has recently hit an all-time high of $0.295, boasting a remarkable 151% monthly surge.

    Despite having only a fraction of its total supply (1.8 billion out of 10 billion SEI tokens) in circulation, the altcoin’s market cap has surged to $535 million. Fueled by a major investment from Circle, SEI’s social buzz is growing, with platforms like X and Telegram witnessing increased chatter. Technical analysis points to a potential further uptrend if SEI breaks past key resistance levels.

    Bittensor (TAO): pioneering AI integration in blockchain

    Bittensor (TAO) stands out as a cutting-edge protocol designed to advance machine learning models on the blockchain. Experiencing notable traction, TAO’s value surged by 254.5% over the last 30 days.

    With a unique focus on merging blockchain and artificial intelligence, TAO presents a fresh perspective. The recent surge highlights growing interest in cryptocurrencies leveraging AI to reshape finance and technology.

    Everlodge (ELDG): redefining real estate investment

    While Celestia, Sei, and Bittensor surge, a new web3 project, Everlodge, is creating a buzz with its revolutionary approach to real estate investment. The project is currently creating waves with its ELDG presale.

    Combining fractional ownership, timeshare, and NFT technology, Everlodge digitizes properties into NFTs, allowing users to fractionally invest in hotels, vacation homes, and luxury villas on the blockchain.

    The ELDG token features discounts, rewards, and staking opportunities, offering a comprehensive ecosystem for users. With a dynamic pricing model, Everlodge plans to raise $12 million during the presale, aiming for a Uniswap launch and listing on Tier-1 exchanges.

    Should you invest in Everlodge (ELDG)?

    As the crypto market witnesses the surge of altcoins like SEI, TIA, and the innovative approach of TAO, investors are eyeing opportunities beyond traditional cryptocurrencies.

    Everlodge, with its ELDG presale, presents a unique investment opportunity. The platform’s integration of blockchain technology and real estate opens new avenues for fractional ownership, providing users with diverse income-generating options. The ELDG token’s utility, backed by a comprehensive ecosystem, positions Everlodge as a disruptor in the real estate investment space.

    In a market flooded with various cryptocurrencies, Everlodge stands out by addressing tangible assets and bringing them to the blockchain, offering investors exposure to the lucrative real estate market in a decentralized manner.

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  • Stacks and Toncoin lead the bull cycle as global crypto market cap surge

    Stacks and Toncoin lead the bull cycle as global crypto market cap surge

    • Stacks (STX) has gained 18.43% today to trade at $0.5319 at press time.
    • Toncoin (TON) has gained 15.51% today to trade at $1.74 at press time
    • Bitcoin Cash (BCH) had jumped by 12.33% to trade at $216.57.

    The cryptocurrency market has turned green today with a majority of the top cryptocurrencies by market cap registering significant price surges. Stacks (STX), Toncoin (TON), and Bitcoin Cash (BCH) have come out as the top gainers as the global crypto market cap increased by 4.35% to hit $1.09 trillion. 

    But what is making the crypto market surge? Well, let’s delve into the factors behind today’s crypto price surges.

    Why is the crypto market rising today?

    Today’s crypto market price surge coincides with Grayscale’s win against the US SEC in the Bitcoin ETF case.

    The US Court of Appeals for the DC Circuit on August 29 ruled in favour of Grayscale in its long-running lawsuit against the Securities & Exchange Commission.

    The ruling was monumental for the crypto industry which has been agitating for SEC’s approval of Bitcoin ETFs. The ruling not only paves the way for the approval of the Bitcoin ETF petition filed by Grayscale but also for the BTC ETF applications made by BlackRock and Fidelity.

    Bitcoin price chart

     

    After a long consolidation of around $26k, Bitcoin price momentarily surged above $28k minutes after the court ruling on August 29. Although the price of BTC has since slightly pulled back the bulls still seem to be squarely in control.

    Ethereum (ETH), the second-largest cryptocurrency by market cap has also surged above $1,700 after staying below $1,700 for two straight weeks.

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  • China will lead crypto’s next bull market

    China will lead crypto’s next bull market

    • Arthur Hayes says the crypto autumn rally will be catalysed by Chinese traders.
    • According to the BitMEX co-founder, a weakening of the yuan amid massive credit issuance will drive capital into crypto markets.
    • He notes that “Hong Kong will be the conduit through which Chinese capital is allowed to own crypto.”

    Arthur Hayes, the co-founder and former CEO of crypto exchange BitMEX, believes the next crypto market rally will be shaped by the Chinese trader.

    In an opinion laid out in his latest blog post, Hayes highlights that the US Securities and Exchange Commission (SEC)’s current crackdown on crypto might be a negative trigger. The crypto market is likely to freak out and crater even further due to this.

    However, according to the entrepreneur, it is not the US but China that could hold the baton as crypto heads into the next bull market. And the one catalyst to watch out for would be the “return of the Chinese trader” amid the weakening of the Chinese yuan.

    “The return of the Chinese crypto trader through the financial pipes of Hong Kong will reignite the market at the same time the broke-ass American mass affluent are effectively shut out,” Hayes wrote in the blog post published June 16.

    Hayes explains how China leads the next bull rally

    The current market setup is much like the summer of  2015, that “nuclear bear market” whose catalyst was the implosion of Mt. Gox. 

    Just as then, the 2022 bear market that included the implosion of FTX has volatility and trading volumes dried up and the sideways price action excruciatingly boring. Indeed, compared to 2015 when Bitcoin price traded near $200 for a long time, 2023 is seeing this with prices ranged below $30k since the breakdown in November 2022.

    “But in August of 2015, the PBOC suddenly sparked a rally in China’s interest for Bitcoin with a “shock” devaluation vs. the USD. From August to November of 2015, the price of Bitcoin tripled, with Chinese traders driving the market higher. I believe something similar could happen in 2023,” Hayes noted.

    According to the BitMEX co-founder, the above is an outlook he sees materializing as the world’s second-largest economy embarks on an insane credit issuance spree. On why selling now amid concerns around the US regulatory environment “is misplaced.” Why?

    “At some point, the selling will stop, and then we get the dreaded sideways. The boring sideways price action will reign until something jump starts the degen spirits of crypto traders.”

    That trigger, he says, will be a slowdown in China’s economy and the subsequent money printing spree that will weaken the yuan and see massive inflows into crypto. He explained:

    “The less the Chinese economy grows, the more credit will be issued. Then the currency will weaken, capital will be allowed to “flee” into appropriate vehicles, and finally, the crypto capital markets will be provided with the spark to hopefully start the autumn rally.”

    To weaken the currency, Hayes says the Peoples Bank of China (PBOC) will look to encourage credit growth sectors of the economy deemed “good.” These areas include semiconductors, artificial intelligence (AI), clean energy, and property. The central bank will allow these “good” sectors to access higher loan quotes, with banks “instructed to lend a certain amount of yuan to these sectors.”

    The weakening of the yuan, and the focused approach to attracting crypto and blockchain in Hong Kong are going to be key factors, he added. It is a trajectory that best suits HODLers. The crypto bull summed up his market outlook:

    “I have predicted before and continue to believe that Hong Kong will be the conduit through which Chinese capital is allowed to own crypto financial assets.” 

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  • Shytoshi Kusama the lead developer of Shiba Inu provides update on Shibarium

    Shytoshi Kusama the lead developer of Shiba Inu provides update on Shibarium

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  • Shiba Inu and Dogecoin Will Lead Next Bull Run – Predicts David Gokhshtein

    Shiba Inu and Dogecoin Will Lead Next Bull Run – Predicts David Gokhshtein

    David Gokhshtein, a former candidate for the US Congress who is now an entrepreneur and the head of Gokhshtein Media, has once more stated his support for two significant meme coins: Dogecoin and Shiba Inu.

    But in prior tweets, he added that he had been using bitcoin and Ethereum for a long time and believed that XRP was on the way, whether people liked it or not. David supported Shiba Inu in 2022 with a number of his tweets and has been enthusiastic about Dogecoin since last year. His primary point in his tweet on meme currencies is that both Doge and SHIB have attracted many new users to bitcoin and the cryptocurrency industry. particularly and will contribute greatly in the future.

    His most recent tweet similarly resembled this. On October 17, he tweeted that despite the frequent discussion around meme coins, they would eventually “bring new retail purchasers into the crypto business.” Gokhshtein openly acknowledged that he had not gone to SHIB in a tweet, explaining that the “Dogecoin killer” myth had kept him away. But he claims that when the next crypto bull market starts, meme currencies are going to go parabolic.

    SHIB Price

    At the time of writing, SHIB is trading at $0.00001007which is a 0.08% price increase, In the last 24 hours, it has traded as low as $0.000009723 and as high as $0.00001016. The trading volume in the last 24 hours is $166,803,779 and a market capitalization of $5,531,950,087.

    The Bollinger bands are forming a narrow pattern which demonstrates a bullish momentum as the MACD line is crossing over the signal line suggesting that bulls are taking control of the market. Investors are advised to take caution when making financial decisions as the crypto market is highly volatile.

    DOGE Price

    Dogecoin is currently trading at $0.05938 which is 0.05% price increase. In the last 24 hours, DOGE has traded as low as $0.05845 and as high as $0.06068. The trading volume is $312,061,951 and the market capitalization is $7,864,369,733. There is 132.67B DOGE circulating in the market.

    The Bollinger bands show a straight narrow pattern with the candle stick trading near the lower band. This is evident that DOGE is bullish. On the other hand, the MACD line is crossing the signal line as the RSI is currently at 45 heading towards the overbought region. Generally, Investors are urged to be careful of the bear market.

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