Category: Cryptocurrency News

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Dogecoin (DOGE) Will Lose All Its Value, Finder’s Survey Shows

Dogecoin (DOGE) is faltering in its climb to recovery. Is it time to sell your DOGE? A panel composed of crypto specialists and analysts are nodding to this idea and saying that it’s your cue to sell Dogecoin. Most crypto experts claim that DOGE will completely shed off its value and now is the time to sell the meme coin. Finder, a price comparison platform, had this quarterly survey done in July. They asked the forecasts of over 54 crypto experts on how DOGE price will fare in the next decade. 55% Of 54 Crypto Experts Say DOGE A Goner Finder asked “Do you think DOGE will completely lose its value?” Around 55% of the experts agreed that DOGE will shed off its value while 21% says the meme coin will recuperate. Roughly 24% were not certain of DOGE’s outcome. Approximately 3% of the experts say that DOGE will lose it value within the year, 12% believe it will happen next year, 9% see it coming in 2024, while the remaining 30% are convinced that the meme coin will completely shave off its value by 2025 or at a later time. DOGE, the meme coin popularized by Elon Musk, Tesla CEO, started with a bang but it may not be performing as expected. More people are worried about DOGE and convinced that it may not go over the moon or as expected in its inception especially after around 55% or half of the panel says that DOGE’s fall will happen in the future. And only 21% says there is a slim chance that DOGE can bounce back and reclaim lost glory. 71% Says It’s Time To Sell DOGE Majority of crypto experts have lost their confidence in the future value of Dogecoin but some have remained positive like Walker Homes, Metatope VP and Co-Founder, who forecasted that DOGE price can increase to $0.40 by the end of 2022. Holmes says the token has a “great community but little utility,” adding it has the ability to draw “a culture of content creators and creatives.” DOGE is set to show a little increase in value in 2022 and may be worth an average of $0.19 come 2025 before it spikes to $0.64 by 2030. Roughly 71% of the panel of experts composed of crypto analysts, crypto exchange owner or executives, and directors believe that it’s time to sell DOGE. A quarter or around 24% believe that people should hold on to the DOGE they have now while the remaining 4% are convinced that it’s time to buy.  DOGE total market cap at $9.4 billion on the daily chart | Source: TradingView.com Featured image from The Coin Republic, chart from TradingView.com

32 BTC were traded last week in Venezuela measured only using LocalBitcoin. Monthly minimum wage is now less than 23 USD.

Hi, as you know I'm a Venezuelan living here in the country. I have been posting these stats for years. LocalBitcoin is only used as one of the measurements because it makes public its stats. Binance is way more used, same Reserve, AirTM among others. Last week it was 35 BTC, so a 3 BTC…
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While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low

While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine months ago. Amid the market downturn, the network’s average fees have been lower than $5 per transaction and on July 30, at 9 p.m. (ET), […]

I keep seeing all these post about being in a bear market, did ya’ll miss the announcement? It’s a bull market now!

I keep seeing post about how we are going to be rich by buying in this bear market. Bull market makes millionaires but crypto winter makes billionaires! My favorite part about this bear market is that the sub isn't filled with shill post. (Shill post currently sitting on the front page) Btc is up 4.65%…
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BNB Registers New ATH Against BTC – And Zhao Is Not A Bit Surprised

Binance Coin (BNB) was able to climax at an all-time high that outperformed Bitcoin (BTC) – and Changpeng Zhao, Binance CEO, isn’t surprised at all. Remarkably, the BNB/BTC pair reached $0.0124. On the other hand, the BNB/USDT pair spiked by 56.92% and still in the green lane but wasn’t as significant as the BNB/BTC pair. According to CoinMarketCap, BNB price was up by 3.73% and currently trades at $291.12 as seen in the past 24 hours. Moreover, the token also gained an impressive number with its new monthly high that reached $298.06 in July 29. Zhao Focused On BNB Price Increase In addition, Binance Coin also spiked on a weekly chart by 8.81% implying that investors were able to rake in some profit. In any case, BNB has not yet been successful with outpacing BTC, ETH, and USDT in terms of market capitalization despite the coin’s all-time high. Zhao responded to tweets saying that he did not have the time to constantly monitor the charts as he reiterated that his main focus was on building its price. Binance has been doing the deep work which may have resulted to BNB achieving steady gains against other major cryptocurrencies. More so, CZ even pointed out that he was always talking about Bitcoin and rarely touching on BNB. Binance’s CEO Changpeng Zhao. Image: WIRED Binance Coin’s volume has been on an upswing and this also goes the same way with its price which has already reached an impressive 30-day level. From July 29 and as of this writing, the token’s volume has increased to 2.78 billion from 1.46 billion. Investors are keeping a watchful eye on the Binance Coin price movement looking for an uptrend or a decline. Nonetheless, CZ is more committed towards building instead of obsessing on price increase. BNB Seen Hitting $384 On Sept. 30 With the entire cypto market victorious and in the green having breached the $1 trillion market cap level, crypto traders and investors are forecasting how the crypto will perform by the end of August. The CoinMarketCap community made some wild prediction that BNB price will remain bullish and may shoot to an average price of $360.91 on August 1, 2022. For September, the community still has a bullish projection predicting that its price will shoot to $384.06 on September 30 which reflects a 35.09% gain compared to its current value. On the flip side, a panel composed of 54 Fintech experts predicted BNB to go down to $274 which is incredibly lower compared to its current value.  BNB total market cap at $47.1 billion on the weekly chart | Source: TradingView.com Featured image from Letsexchange.io, chart from TradingView.com

Analysts: BRICS Currency Meant to Rival USD, Trump Warns of Depression as Kiyosaki Predicts Bond Crash, Waits to Buy Bitcoin — Bitcoin.com News Week in Review

BRICS nations have revealed they’re “creating an international reserve currency” analysts believe is meant to challenge the U.S. dollar and the International Monetary Fund’s Special Drawing Rights (SDR) currency. Further, Donald Trump warns of a depression in the U.S., Rich Dad Poor Dad author Robert Kiyosaki says we’re in for the “biggest bond crash” in […]

While P2E games may be constructed on a variety of blockchain systems, not every blockchain supports gaming

The potential of blockchain has already had an impact on a wide range of businesses, from banking to insurance, and healthcare to supply chain logistics. Few industries, however, have had a larger impact in the preceding year than gaming, which has seen the emergence of a whole new generation of play-to-earn products. Did you start…
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Bitcoin due 'one of greatest bull markets' as July gains circle 20%

The future for Bitcoin price action may be much more bullish than the short-term charts, says Bloomberg Intelligence’s Mike McGlone.