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BitMEX founder Arthur Hayes says that memecoins are a net positive for blockchain ecosystems, despite criticisms. In a new interview with Real Vision founder Raoul Pal, Hayes says memecoins are a “powerful” form of expression for the masses. “You move to ETH then you move to Solana, and then all of a sudden you’re trading Slerf, or Dogwifhat, and it’s fun. It’s just humans experimenting and playing games with each other that have monetary payouts on the internet. I think it’s a lot of fun. Obviously, trade with responsibility and all that kind of stuff. But it’s pure emotion, there’s no central authority telling you what you can or can’t do. Whatever someone wants to list, they just do it and it either succeeds or fails instantly, and I think that’s super powerful. And for the first time in a long time people are having fun doing this thing called trading.  Some of it is tasteless memes but whateve...

Mar 30, 2024 at 03:07 // Price Author Coin Idol TRON's (TRX) price is still falling below the moving average lines. Price Analysis by Coinidol.com. Long-term forecast for TRON's price: bearish After the recent slide above the support level of $0.11, the altcoin has started to move in a range between $0.11 and $0.13. TRON rebounded in the previous price action after bouncing off a high of $0.144. Buyers were unable to sustain the positive momentum above the overhead resistance of $0.148. The overhead resistance is the historical price level from May 10,...

Pepe coin giveaways are the most popular form of crypto giveaway in 2024, and YouTube channel TodayTrader has just announced one for his followers. Following Pepe coin’s recent achievement of surpassing a $3.5 billion market cap, TodayTrader has decided to host a massive giveaway, offering a total of 120 million Pepe tokens to his audience. This article presents a brief overview of TodayTrader’s YouTube channel and provides information on how to join his Pepe coin giveaway. Crypto Insights with TodayTrader TodayTrader’s YouTube channel is a platform where he delves into the world of emerging cryptocurrencies primed for exponential growth. He thoroughly explores the potential of coins with the capability to surge by multiples of 10x or even higher. By subscribing to his channel, you can uncover hidden gems within the expansive crypto sphere, as he meticulously analyzes their fundamentals, market trends, and future outlook. Following TodayTrader’s channel en...

The SHIB community is abuzz with excitement following recent activity involving the Shiba Inu token (SHIB). This activity, while not guaranteeing a dramatic price increase, is believed to have a positive long-term impact on the value of the meme coin by reducing the total number of tokens in circulation. Shiba Inu even joined the market rally, jumping 5% in just one day. This begs the question: Could this be the start of a bullish trend? Shiba Inu (SHIB) price analysis Fueled by both community efforts and recent comments from Vitalik Buterin, the co-founder of Ethereum, Shiba Inu is experiencing a renewed wave of interest. Buterin’s remarks, made on March 27th, 2024, sparked discussions about the token’s potential beyond its meme coin origins. One key aspect of this potential lies in the ongoing token-burning efforts. The recent burning of 51 million SHIB tokens and the community’s efforts to burn over 410.7 billion SHIB in total contribute to a reduced overall su...

As the volatile cryptocurrency market sees its ups and downs, Dogecoin, affectionately known as the meme coin, is once again stealing the spotlight. In a recent development, a substantial amount of 250 million DOGE has been sent to Robinhood, sparking curiosity and speculation within the Dogecoin community. At the moment, Dogecoin ’s price has experienced a noteworthy surge of 10.89% in the past day, reaching $0.2036. This surge has pushed the token beyond the eagerly anticipated $0.2 threshold, reinforcing its bullish position in the market. Source Whale Alert: Significant DOGE Transactions Blockchain tracker Whale Alert, recognized for monitoring large cryptocurrency transfers, has flagged two significant DOGE transactions involving Robinhood, a popular investment platform. The first transfer included the movement of 250,000,000 DOGE from an undisclosed wallet to Robinhood, while the second saw 83,103,732 Dogecoins transferred to an unknown blockchain address. 25...

The Slerf price has surged 10% in the last 24 hours to trade at $0.8334 as of 8:25 a.m. EST on a 19% drop in trading volume to $295 million. Slerf Price Indicates A Bearish Trend Reversal SLERFUSDT Anaysis By Tradingview SLERF’s price took a tumble from its peak on March 19th. It hit a low point just above $0.50, hovering around $0.52. However, in the past 24 hours, it experienced another surge, pushing it back to $0.95. The price has formed a double-top pattern, which indicates a bearish trend reversal. This means the price may tumble back to the support zone at $0.52. At present, technical indicators strongly point towards SLERF’s price surge. The relative strength index is on an uptrend, rebounding from the 50 midline level to 69. The RSI could jump into the overbought region above the 70 if the momentum increases. The price is currently above the 50 Simple Moving Average (SMA), which is currently supporting the Slerf price. Slerf Price Double Top Pattern May Cau...

The world’s largest institutional investor by assets under management (AUM), BlackRock Inc. (NYSE: BLK), has recently moved to create a tokenization fund allegedly focused on real-world assets (RWA).  This new endeavor is part of BlackRock’s dive into the cryptocurrency industry, already covering different branches. Notably, the company manages over $9.10 trillion worth of assets, a part of which is being directed to cryptocurrencies. Now, cryptocurrency investors have started to speculate if the finance titan is already investing in their favorite tokens . However, much of this speculation comes from a landscape full of biases and inconclusive evidence, requiring a lot of caution. Picks for you This Solana meme coin just hit its all-time high 1 hour ago Robert Kiyosaki's Solana tip: How it made investors 80% richer 3 hours ago Sell signal for 2 overbought cryptocurrencies in April 18 hours ago Short squeeze alert for April: BTC and ETH with potentia...

The weakening of the US dollar has been a noteworthy development as of late. The currency is now standing at a precarious threshold, with strong contenders like the Kenyan shilling challenging its authority.  With the US debt crossing $30 trillion, it seems that the US dollar is gradually heading towards a downward spiral. Amid all this, the Indian economy may further the USD ’s demise if it adopts one simple elemental change in its economic strategy, which is bolstering its foreign connections.  Also Read: Currency: US $1 Trillion Debt Shows No Signs of Stopping Can INR Beat the USD? Source: Watcher Guru The Indian rupee is far below in terms of valuation when compared to the USD. The INR fell to an all-time low against the USD, down by 83.28, spurred by rising geopolitical tensions.  However, one analyst seems to have a different view of this critical situation. Macroeconomics expert Jesse took to X to outline his views on how the INR can truly out...

Former Top Gear presenters Jeremy Clarkson and James May have denounced as “balls” a series of crypto scam ads using their names, and have encouraged fans to “say b*****ks to it” and go to the pub.  May raised the issue on Saturday after a series of paid-for adverts appeared on X (formerly Twitter), directing users to a fake BBC article bearing his name. The article contains a fabricated interview with supposed quotes from May designed to trick readers into believing they were missing out on a lucrative investment opportunity. To join the scheme via the suspicious Crypto platform Immediate Chain, users must pay a £250 signup fee. The fake article reports on a made-up interview before linking to the fraudulent crypto site. Read more: Late Friends star Matthew Perry’s DuZCs77 X cEGEEFH account hacked by Crypto Scam mers The Grand Tour presenter said, “It seems @JeremyClarkson is also appearing in these scam ads. He, too, is not really dispensing fiscal adv...

A closely followed crypto analyst believes one decentralized video-streaming altcoin project is about to go on a massive rally. Pseudonymous trader Kaleo tells his 632,300 followers on the social media platform X that Theta Network (THETA), a platform for decentralized video delivery, could soar by more than 200% as the social finance (SoFi) space finds renewed interest. ”I wouldn’t sleep on THETA here. I’m still incredibly bullish on SoFi over the next few months as you have tokens like ARENA and the FT (Friend.tech) airdrop that will be rolling out and bringing more attention back to the sector.” Source: Kaleo/X Looking at his chart, the trader suggests that THETA could soar beyond $10. THETA is trading for $3.10 at time of writing, up 10.5% in the last 24 hours. Next up, the trader says he is bullish on Avalanche (AVAX)-based native governance token of TraderJoe (JOE), the biggest decentralized exchange (DEX) on Avalanche. “With the AVAX memecoin rush kicki...

The Dogwifhat price jumped 25% in the last 24 hours to trade at $2.79 as of 4 a.m. EST on trading volume that skyrocketed 61% to $474.87 million. WIF price’s surge comes after a week-long correction that took the token down to a support at $2. The price spent the last seven days balancing just above this level, fluctuating between this support and a resistance at $2.5. However, with the start of the new week, Bitcoin and the rest of the market started a recovery. With the market once again trading in the green, the meme coin sector once again positioned itself among the top gainers. Right now, WIF is struggling against a resistance at $2.8, with $3 being just beyond reach. Another potential reason behind WIF’s recent price surge might be a multi-million dollar NFT sale that took place last week. On March 18, the NFT-based photo of the viral canine behind Dogwifhat, Achi, sold at 1,210.8 ETH, or around $4.3 million at the time. The Dogwifhat price saw a surge immediately ...

Marathon Digital Holdings (NASDAQ: MARA) is the world’s largest publicly traded Bitcoin (BTC) mining company. Institutional investors have gradually increased their positions in Marathon despite the block subsidy halving expected in April. In particular, institutional investors own 38.9% of Marathon’s outstanding shares, holding 104,212,740 out of the 268 million. Finbold gathered this data from Nasdaq , which also shows the top five institutional shareholders of the Bitcoin mining company. First, Vanguard holds 23.47 million shares (8.76%). Next, BlackRock and Jane Street have 17.19 million (6.42%) and 8.47 million (3.16%), respectively. Morgan Stanley has 6.27 million (2.34%) and State Street is the fifth- largest with 5.42 million (2.02%). Picks for you Opportunity? XRP enters final phase before official bull run 2 hours ago This crypto ‘smart trader’ profited over $1.3 million since March 1 4 hours ago AI builds the ideal crypto portfolio for 2024 5...

The FLOKI price has jumped 5.9% in the last 24 hours to trade at $0.0002282 as of 12:45 a.m. EST, with a 2.6% trading volume surge  to $727 million    FLOKI has skyrocketed 595% in the past month, making it the top-performing cryptocurrency among the top 100 tokens by market capitalization.  FLOKI Price Aims To Reclaim Its ATH FLOKIUSDT 4-hr Chart Analysis Source: TradingView.com The FLOKI price shows consolidation around $0.0002995, with bullish momentum slowing down and keeping the price stable within this range.  The resistance levels have also allowed bears to push the price below the consolidation channel, prompting bulls to seek refuge around the $0.0001848 support zone.  The bullish forces have pushed the price past the 50 and 200 Simple Moving Averages (SMAs) on the 4-hour chart, confirming the overall bullish sentiment for the FLOKI price.  Moreover, the Relative Strength Index (RSI) indicates a rebound from the 50 midline level t...

The Bonk 2.0 price has plunged 13% in the last 24 hours to trade at $0.00000000315 as of 8:05 a.m. EST on a 49% surge in trading volume to $4.7 million. The Bonk 2.0 Price On A Downturn From Its All-Time High BONK2.0USDT Analysis By Tradingview Bonk 2.0 has been dropping recently and is following a descending triangle pattern, but there are signs that it might break out of this pattern. Bonk 2.0  price is trading below its 50 and 200 Simple Moving Averages (SMAs), which currently act as resistance levels for the Bonk 2.0 price. However, increased upward momentum could cause the bulls to initiate a rally above the averages. The Relative Strength Index (RSI) indicates a rebound on the 30 oversold level to 38. A continued bullish sentiment should see the RSI surge past the 50 midline level to the overbought region. The BONK 2.0 Price Prediction Despite the current downtrend in Bonk 2.0, indications suggest a possible turnaround. The presence of the descending triangle patter...