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Showing posts from July, 2024

Top Crypto Gainers Today Jul 04 – Worldcoin, Zeebu, Pax Gold, Aelf

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On Wednesday, the crypto market saw a surge in liquidations as Bitcoin’s price fell below $60,000. CoinGlass reported that over 74,000 traders had liquidated, totalling $208 million, with $184 million affecting long positions. Ethereum investors were particularly hard-hit, suffering $55.5 million in liquidations. This spike in volatility is fueled by ongoing U.S. monetary policy uncertainties, geopolitical tensions, and the upcoming presidential election. Bitcoin tumbled to an intraday low of $59,425, recovering slightly to $58,487—a 4.7% drop in 24 hours. Ethereum fell 5.5% to $3,198, reversing gains ahead of the spot ETF launch. Solana dropped 11% to $134 after VanEck’s ETF filing. In fact, the last month has been marked by significant declines, showcasing the market’s instability.   Biggest Crypto Gainers Today – Top List Every savvy investment begins with meticulous research into the project’s fundamentals, the token’s potential, and its market’s outlook. Join us as we dig into

Legal and Ethical Issues in Digital Currency Use

Digital currencies, such as Bitcoin, Ethereum, and other cryptocurrencies, have revolutionized the financial landscape. These currencies offer numerous advantages, including decentralization, increased security, and faster transaction times. However, their use also raises significant legal and ethical issues that need to be addressed to ensure they can be integrated into the global financial system responsibly. Legal Issues Regulation and Compliance The decentralized nature of digital currencies makes them difficult to regulate. Different countries have varied approaches to cryptocurrency regulation, ranging from complete bans to full acceptance and regulation. This inconsistency can create legal confusion for users and businesses operating across borders. Taxation Tax authorities worldwide are grappling with how to tax digital currencies. The challenge lies in tracking transactions and determining the value of digital assets. Failure to comply with tax regulations can lead to legal

2 cryptocurrencies to avoid this week as negative sentiment looms

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Two cryptocurrencies have made the headlines in the last 24 hours and are trending with a dominating negative sentiment . In particular, cryptocurrency investors should avoid Polkadot (DOT) and Bittensor (TAO) this week amid looming fear, uncertainty, and doubt (FUD). These two cryptocurrencies featured in the top five trending coins on Santiment ‘s social trends. TAO was the most trending coin by social volume, with a dominating negative sentiment. Overall, the cryptocurrency market experiences losses following a Bitcoin (BTC) crash to an important support zone. This could impact the whole ecosystem, specifically these two projects that recently faced controversy and negative news. Picks for you Here’s why Bitcoin is crashing right now 9 mins ago

MoonBag's Top Crypto Presale Sparks Frenzy with its Rewards Treasure, While Notcoin and Polygon Facing Challenges

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Staking for rewards often feels like navigating a confusing circus: unclear instructions, fluctuating prices, and the need for constant attention. Notcoin's staking is similar to walking a tightrope over a volcano—complex, risky, with APYs that change frequently. Even Polygon, with its 8.7% return, may leave investors feeling constrained. Here's where MoonBag swings in, led by its adorable Monkey mascot. Its top crypto presale is redefining staking on Ethereum, boasting an industry-leading 88% APY.  Unlike others, these meme coin rewards are vested for three months after the presale, giving investors a steady income stream until launch day. It offers staking that unlocks exclusive events, airdrops, and special promotions, building a real crypto community. Plus, MoonBag’s user-friendly platform ensures a seamless experience with real-time rewards, making it a standout choice among Polygon and Notcoin investors eyeing rewarding opportunities. Notcoin: Fun Introduction

Hund Price Prediction: HUND Coin Surges 10% As Experts Say Consider This New AI Meme Coin For 10X Gains

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The Hund price pumped more than 10% in the past 24 hours to trade at $0.009509 as of 7:35 a.m. EST as investors frantically buy into the meme coin . This meteoric rise by the HUND coin price was not enough to push the altcoin’s weekly performance out of the red zone. The crypto is still down 1% over that timeframe. The Hund Price Resting On A Key Support 4-hour chart for HUND/USD (Source: GeckoTerminal ) The Hund price was able to break above the resistance level at $0.009138 over the past 24 hours. Bulls also attempted to push the altcoin’s price above the next major mark at $0.010181. Although the HUND coin price was able to rise above this threshold, it was not able to remain above this point for long as sellers quickly started exerting pressure on the crypto . HUND is now testing the recently-breached $0.009138 mark as a result. Should it fall below this technical crutch within the next 8 hours, the altcoin could be at risk of dropping to $0.008221 in the following 24 hours.

Cryptocurrency: 3 Coins To Majorly Rebound This July

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July is fueling hopes for several cryptocurrency enthusiasts, ushering in the possibility of encountering a new price wave for investors to bask in. The realm is now gearing up to witness the epic rebound of three major crypto tokens, which may disseminate stellar returns to their holders, provided these coins continue to leverage the bullish onset of the market. Keeping the trend in line, here are our top three tokens that are set to encounter major price rebounds in July. Also Read: Cryptocurrency: 3 Coins Set To Give 2x Returns In July Three Coins That May Make a Major Comeback in July Image Source: WatcherGuru Cryptocurrency#1- Bitcoin The month of June was quite sluggish for Bitcoin, as the token witnessed significant downticks in its price. With the Mt Gox BTC FUND outflow, the price of bitcoin was experiencing major price volatility. However, in July, the token is expected to make a major price comeback. July has historically been bullish for BTC, while June has always ushered i

The FLOKI Price Surges 10% In A Week, But Experts Say This AI Meme Coin Rival Might 10X

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The FLOKI price surged 10% on the weekly timeframe following a 1% gain in the last 24 hours to trade at $0.0001698 as of 6:00 a.m. EST. This strong performance over the past 7 days was not enough to erase FLOKI’s 34% plunge in the past month. The FLOKI Price Was Unable To Break A Major Resistance 4-hour chart for FLOKI/USD (Source: GeckoTerminal ) The FLOKI price was able to break out above a medium-term negative channel throughout the past 24 hours. It then attempted to overcome the resistance level at $0.0001745, but was rejected by the technical barrier. Now, sellers are trying to force FLOKI back within the descending channel. Should the meme coin drop back into this range, it could be at risk of falling to the immediate support level at $0.0001610. This is a crucial level to watch, because it is also confluent with the lower boundary of the Bollinger Bands (BBANDS) on the 4-hour chart. Therefore, the FLOKI price losing the $0.0001610 support within the next couple of hours