The Turbo Trump (PRESI) meme coin has recently gained popularity due to a significant increase in value, rising by over 20,000% in just 24 hours. However, despite its initial surge, there are concerns regarding the longevity and credibility of this token. With only 101 holders and a 24-hour liquidity of $60,000, the PRESI token is
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Ethereum’s price has been on a rapid rally in the past few weeks, breaking through multiple resistance levels. However, the price has now reached a significant level that may act as a barrier for further growth. The daily chart shows a steady increase in price, with higher highs and lows. The market has also moved
Bitcoin, the leading cryptocurrency asset in the world, has reached a new milestone by surpassing its previous all-time high (ATH) of $69,000. This accomplishment comes nearly three years after its initial peak. The latest surge in price has sparked excitement among crypto enthusiasts and experts, who are now speculating on the digital asset’s potential for
Bitcoin transaction fees have recently experienced a significant surge, doubling in just one week as the market rallies towards the $70,000 mark. While this surge can be partly attributed to the upward trajectory of Bitcoin’s price, the sudden rise in Ordinals transactions has played a crucial role in driving up transaction fees. A closer look
The recent surge in crypto markets following the approval of spot Bitcoin ETFs has been a topic of speculation and anticipation. With the hope of spot Ethereum ETF approval looming, investors are closely watching the developments in the space to see how it may impact the overall market. Uncertainty Surrounding Ethereum ETF Approval Despite the
Russia, as a member of the BRICS alliance, has recently announced the development of a new blockchain-based payment system to revolutionize trade settlements. This system aims to become an independent mechanism for conducting transactions among BRICS member nations. The BRICS alliance, composed of Brazil, Russia, India, China, and South Africa, is working together to create
Bitcoin’s price is displaying signs of finally breaking the previous all-time high to the upside, entering uncharted territories. Predicting its upside potential is becoming more challenging, but there are hints from technical and on-chain analysis. On the daily timeframe, the price is climbing toward the $70K level, with $70K and $80K being potential upcoming targets.
The recent bold proclamation by cryptocurrency trader KALEO and other analysts has sparked an interesting discussion about Dogecoin’s potential to reach $1 in the current market cycle. The crucial market data from IntoTheBlock reveals a strong price correlation of 0.95 between Dogecoin and Bitcoin, highlighting the significant influence of broader cryptocurrency trends on Dogecoin’s market
The recent surge in Bitcoin prices is a clear indication of the upward momentum in the cryptocurrency market. With the price crossing the $50,000 threshold and peaking at $70,000, experts believe that the rally is far from over. This rally has coincided with a period of high interest rates, showcasing strong demand for Bitcoin without
The year 2022 was marked by the collapse of several cryptocurrency lending platforms, with the Celsius crash being particularly devastating for investors. However, amidst the turmoil, Nexo managed to weather the storm and emerge as one of the few survivors in the industry. The key to Nexo’s resilience, according to Dimitar Bratovanov, the company’s Product
