Category: Cryptocurrency News

Starknet (STRK), a Layer-2 scaling solution on Ethereum (ETH), is currently experiencing a bearish trend, which has prompted many Ethereum (ETH) investors to look elsewhere for potential gains. One project that has caught their eye is Mpeppe (MPEPE), a new casino coin that promises significant returns, attracting attention amidst the downturn in Starknet. Starknet’s (STRK) Recent Performance Starknet (STRK) saw a 3% drop recently, despite a broader upswing in the cryptocurrency market. Bitcoin surged past $57,000, and many altcoins followed suit, recording gains across the board. Yet, Starknet (STRK) struggled, primarily due to an over-the-counter (OTC) sale involving Three Arrows Capital (3AC), the now-defunct crypto hedge fund. A wallet associated with 3AC transferred over 2 million STRK tokens (worth about $856,000 USD) to Wintermute for an OTC sale, causing market participants to speculate on the token’s future. Such large transfers from insolvent companies often signal impending asset liquidation, which can drive prices down. As a result, the bearish sentiment surrounding Starknet (STRK) has only intensified, with the token now hovering at around $0.4137 USD. This bearish movement comes as a surprise, especially with the wider crypto market seeing gains. While Bitcoin recorded a 3.55% gain over 24 hours, Starknet (STRK)’s failure to ride the wave left it at a critical juncture. The liquidations associated with 3AC are expected to continue influencing the market, and further selling pressure could be on the horizon for STRK. What’s Next for Starknet? Analysts are concerned that Starknet (STRK) may continue its downward trajectory in the short term, especially if more 3AC-associated wallets begin offloading large amounts of tokens. With the 200-day exponential moving average (EMA) suggesting a further decline, Starknet (STRK)’s price recovery seems unlikely in the immediate future. For now, Starknet (STRK) continues to trade below its crucial resistance levels, and while the broader market is experiencing a bullish sentiment, Starknet (STRK)’s troubles are tied directly to its association with 3AC. Until these liquidation concerns are resolved, Starknet (STRK) is expected to face headwinds. Ethereum (ETH) Investors Turn to Mpeppe (MPEPE) for Gains As Starknet (STRK) struggles, Ethereum (ETH) investors are hunting for alternative investment opportunities that offer better short-term returns. Enter Mpeppe (MPEPE), a new casino coin that has rapidly gained popularity among investors looking to diversify their portfolios. Priced at $0.0021, Mpeppe is currently in the presale phase and has garnered significant attention due to its innovative approach to decentralized gambling. Ethereum (ETH) whales, particularly those who have been actively trading Starknet (STRK), are now looking at Mpeppe (MPEPE) as a potential source of substantial profits. Many believe that Mpeppe’s unique gambling mechanics and meme appeal will attract a broad user base, driving up demand once the coin is fully launched. Why Mpeppe is Attracting Investors High Potential for Returns: Mpeppe is still in its early stages, which means that early adopters have the opportunity to ride the coin’s explosive growth. With its presale nearing completion, analysts predict that Mpeppe could see a significant price surge once it is listed on major exchanges, with some estimates suggesting a 150% increase in value in the short term. Decentralized Gambling: Mpeppe’s casino-based model taps into the growing trend of decentralized gaming and gambling. With more users turning to decentralized platforms for both entertainment and profit, Mpeppe offers a novel way for investors to participate in the space while earning rewards. Appeal to Ethereum (ETH) Investors: Many Ethereum (ETH) investors, disillusioned with the recent performance of projects like Starknet (STRK), are flocking to Mpeppe (MPEPE). The token’s low entry price, combined with its promising fundamentals, makes it an attractive option for those looking to diversify away from Ethereum (ETH)-related projects while still benefiting from the broader crypto market. The Future of Starknet and Mpeppe While Starknet (STRK) continues to face challenges, Mpeppe (MPEPE) is rapidly gaining momentum as a potential high-growth token. Ethereum (ETH) investors who have historically supported projects like Starknet are now diversifying into Mpeppe, hoping to capitalize on its potential for explosive growth. In the short term, Starknet’s outlook remains uncertain. The continued liquidation of 3AC’s assets could push the token’s price down further, especially if more large transfers occur. Meanwhile, Mpeppe is positioned for success, with its unique casino model appealing to a wide range of investors looking for high returns. Conclusion As Starknet (STRK) dips amidst broader market fluctuations and the continued liquidation of 3AC’s assets, investors are turning to alternative opportunities like Mpeppe (MPEPE). With its presale nearing completion and strong investor interest, Mpeppe is well-positioned to deliver significant returns in the coming months. For Ethereum (ETH) investors seeking high-growth opportunities, Mpeppe (MPEPE) offers a promising alternative amidst Starknet’s ongoing struggles. For more information on the Mpeppe (MPEPE) Presale:  Visit Mpeppe (MPEPE) Join and become a community member:  https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ  

As the crypto world continues to evolve, investors are constantly on the lookout for the next big thing that promises significant returns. Recently, Mpeppe (MPEPE), a meme-based token with a twist, has captured the attention of Ethereum (ETH) and Starknet (STRK) whales, sparking interest with its innovative platform and impressive performance in a challenging market. With experts predicting potential 150x profits, it’s no wonder these major players are diving into Mpeppe as a lucrative investment opportunity. Mpeppe’s Meteoric Rise: More Than Just a Meme Coin Mpeppe (MPEPE) initially made waves in the market due to its humorous, meme-inspired origins, but it quickly proved to be much more than just a joke. Backed by a robust ecosystem that integrates decentralized finance (DeFi) and a burgeoning casino and gaming platform, Mpeppe (MPEPE) has established itself as a serious contender in the crypto space. Investors have been attracted not only to its fun branding but also to its real-world utility, with many seeing long-term value in its innovative offerings. The project’s unique combination of meme culture and DeFi protocols has helped it stand out in a crowded market, and its rapidly growing user base continues to fuel its upward trajectory. As a result, large investors, including Ethereum (ETH) and Starknet (STRK) whales, are taking notice and reallocating funds into Mpeppe (MPEPE) in search of explosive profits. Ethereum Whales Pivot Towards Mpeppe Historically, Ethereum (ETH) whales have held large positions in the major cryptocurrency thanks to its dominant position in the market and its versatile blockchain that supports thousands of decentralized applications (dApps). However, Ethereum (ETH) has faced increasing challenges, particularly around scalability and high gas fees, which have driven many large investors to explore other opportunities. This shift in sentiment has led some of Ethereum (ETH)’s biggest holders to invest in promising altcoins like Mpeppe (MPEPE). As Ethereum (ETH) continues to work through its scalability issues with Layer-2 solutions such as Starknet (STRK), investors are diversifying their portfolios, seeking new avenues for growth, and Mpeppe (MPEPE) has quickly become one of their top choices. Starknet Whales Eye Mpeppe for Huge Returns Meanwhile, Starknet (STRK), a Layer-2 solution designed to improve Ethereum (ETH)’s transaction speed and reduce fees, has also seen its whale investors pivoting toward Mpeppe (MPEPE). Starknet (STRK) has been gaining attention for its ability to enhance Ethereum (ETH)’s performance by processing transactions off-chain before settling them back on-chain, significantly reducing costs. However, as the broader market becomes more competitive, Starknet (STRK)’s whales are now exploring other high-reward investments. Enter Mpeppe (MPEPE)—a token that not only delivers on the promise of fast gains but also offers an exciting, utility-packed ecosystem. Mpeppe (MPEPE)’s casino and DeFi platforms allow users to participate in staking, liquidity mining, and yield farming, making it an attractive option for investors looking to capitalize on both short- and long-term profits. Why Mpeppe Is Attracting Big Money Investors There are several key reasons why Mpeppe (MPEPE) has piqued the interest of Ethereum (ETH) and Starknet (STRK) whales, who are known for their strategic investments: 150x Potential Returns: Analysts have been eyeing Mpeppe (MPEPE) for its potential to deliver returns of up to 150x in the near future. This kind of growth is precisely what big-money investors are looking for in a volatile yet rewarding market. A Strong and Engaged Community: Mpeppe (MPEPE) has grown a loyal following due to its engaging branding and strong presence in the meme coin community. A solid, engaged user base is critical for the long-term success of any cryptocurrency, and Mpeppe (MPEPE) has managed to capture the attention of younger, tech-savvy investors. Innovative Ecosystem: Mpeppe (MPEPE) is more than just a meme token—it’s a complete ecosystem that integrates DeFi and gaming. Its casino platform has particularly caught the eye of many investors, offering a real-world application that sets it apart from many other meme coins on the market. Diversification Opportunity: For Ethereum (ETH) and Starknet (STRK) whales looking to hedge their positions in the market, Mpeppe (MPEPE) offers a way to diversify their portfolios without abandoning their investments in more established tokens. What’s Next for Mpeppe? As Mpeppe (MPEPE) continues to gain traction, its roadmap includes expanding its DeFi offerings, launching new features within its casino and gaming ecosystem, and increasing user engagement through strategic partnerships and promotions. The potential for growth is enormous, and as more Ethereum (ETH) and Starknet (STRK) whales pile in, Mpeppe (MPEPE) is likely to see even greater adoption in the months to come. In a market where timing is everything, savvy investors are already positioning themselves to take advantage of Mpeppe (MPEPE)’s rise. With forecasts suggesting massive returns, it’s no surprise that whales are moving quickly to secure their positions in this exciting project. Conclusion: Mpeppe’s Bright Future While Ethereum (ETH) and Starknet (STRK) continue to be pillars of the blockchain ecosystem, it’s clear that Mpeppe (MPEPE) offers a fresh, exciting opportunity for investors looking to capitalize on rapid growth. By combining meme culture with real-world utility, Mpeppe (MPEPE) has carved out a unique niche in the crypto market and is well-positioned for explosive gains in the near future. For Ethereum (ETH) and Starknet (STRK) whales, Mpeppe (MPEPE) represents a new frontier, one that promises the potential for 150x profits and beyond. As the crypto world watches closely, it’s safe to say that Mpeppe (MPEPE) will continue to dominate the conversation as one of the most talked-about tokens of 2024. For more information on the Mpeppe (MPEPPE) Presale:  Visit Mpeppe (MPEPPE) Join and become a community member:  https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ  

As we enter the final quarter of 2024, two cryptocurrencies have been making headlines for providing impressive returns to their holders: Internet Computer (ICP) and Mpeppe (MPEPE). Both of these cryptos have exhibited strong price movements in September, catching the eye of investors and analysts alike. With major technological developments and market shifts happening in both projects, the future looks promising. Let’s take a closer look at why these two tokens have gained so much momentum and what’s next for them. Internet Computer (ICP): AI Integration and Expanding Influence Internet Computer (ICP) has been a key player in the blockchain space, and its latest advancements are pushing it to the forefront of decentralized applications (dApps). ICP’s major development in 2024 has been its seamless integration of artificial intelligence (AI) into its blockchain infrastructure. This innovative move has opened up new possibilities for developers to create decentralized apps that utilize AI for tasks like automated trading, predictive analytics, and complex decision-making processes. ICP allows developers to run websites and services directly on the blockchain, bypassing the need for traditional cloud services like AWS or Google Cloud. With the introduction of AI capabilities, developers can now build even more advanced and automated dApps. This has positioned Internet Computer (ICP) as a go-to platform for the future of decentralized web services, drawing the attention of a growing number of investors and developers. The bullish sentiment around Internet Computer (ICP) is reflected in its price movement. In September, Internet Computer (ICP) charted a 14% gain, reaching as high as $9.1. Although the token has experienced some resistance at the $9 level, analysts remain optimistic. Many predict that a breakout past $10 could be on the horizon, especially as more projects are built on the platform and its AI integration continues to evolve. Mpeppe (MPEPE): The Meme Coin with Massive Potential While Internet Computer (ICP) focuses on technology-driven solutions, Mpeppe (MPEPE) has captured the imagination of the crypto community as one of the hottest meme coins on the market. In September, Mpeppe (MPEPE) has been climbing the ranks thanks to its viral appeal, strong community, and the growing interest from early adopters. Currently priced at $0.0021, Mpeppe (MPEPE) is nearing the completion of its Stage 4 presale, with over 80% already sold. Investors are particularly excited about Mpeppe (MPEPE) because of its potential for explosive gains, with some predicting that the token could surge well beyond its current price. Early investors are betting on Mpeppe (MPEPE) to be the next Shiba Inu or PepeCoin, making it an appealing choice for those seeking high-reward investments. The fact that Mpeppe (MPEPE) has already delivered significant returns to its holders this month adds to its allure. With the meme coin market continuing to evolve and attract attention, Mpeppe (MPEPE) could very well see further upward momentum as it gains more traction. Why Internet Computer and Mpeppe Have Provided Massive Gains in September Here are three key reasons why both Internet Computer (ICP) and Mpeppe (MPEPE) have been top performers this month: Technological Innovation: Internet Computer (ICP) has differentiated itself by integrating AI into its blockchain, creating a platform that stands out in the decentralized web space. This innovation has drawn attention from developers and investors alike, driving demand for the token. Viral Appeal and Community Support: Mpeppe’s rise can be attributed to its strong community and meme coin status. The token’s viral nature has captured the attention of the meme coin market, where early adopters are hoping to capitalize on massive potential gains. Market Sentiment and Price Action: Both tokens have exhibited bullish price movements in September. Internet Computer (ICP) has seen a 14% rise, while Mpeppe (MPEPE) is nearing the end of its presale and is expected to surge once fully listed. This price action has provided strong returns for holders in just a few weeks. Conclusion: What’s Next for ICP and Mpeppe? Both Internet Computer (ICP) and Mpeppe (MPEPE) are riding high in September, delivering impressive gains for their holders. With Internet Computer (ICP) continuing to innovate in the blockchain space and Mpeppe (MPEPE) capturing the meme coin market, both tokens are poised for even more growth in the coming months. For investors looking to diversify their portfolios with a mix of established technology and high-reward opportunities, Internet Computer (ICP) and Mpeppe (MPEPE) offer an exciting chance to participate in the next wave of crypto success. As the market evolves, keeping an eye on these two tokens could prove to be a smart move for those looking to capitalize on the continued momentum. For more information on the Mpeppe (MPEPE) Presale:  Visit Mpeppe (MPEPE) Join and become a community member:  https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ  

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Tigran Gambaryan, a United States citizen and former Internal Revenue Service agent, has been detained in Nigeria since February 2024.

Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange, […]

Recent changes in the behavior of Bitcoin on the market suggest the coin could be preparing for its next significant bull run. One important consideration is the fall in Bitcoin reserves on exchanges. Less of Bitcoin is accessible for trading as owners migrate it to cold storage. Historically, this kind of decrease usually comes before significant price rises. Related Reading: AAVE Excites Investors With 20% Gain As Developments Roll Out Declining Bitcoin Reserve Reserves of Bitcoin on exchanges have been declining drastically. This drop means that everyday traders are losing control over the crypto while it is being transferred to cold storage. Recent data by CryptoQuant amply illustrates this trend. Usually, declining exchange reserves for Bitcoin point to declining selling pressure. This thus produces conditions fit for possible price increase. Looking back at past trends, such declines in reserves have sometimes been accompanied by somewhat substantial price swings. Bitcoin’s Next Bull Run? “Decreasing #Bitcoin reserves and rising stablecoin reserves indicate a bullish outlook for Bitcoin. As the market supply tightens and buying power builds, we could be on the verge of a price rally.” – By @OnchainTarek Link 👇https://t.co/frUAfdSBrk pic.twitter.com/4fxB9cowf1 — CryptoQuant.com (@cryptoquant_com) September 11, 2024 Regular Withdrawal Patterns Supporting these observations, further understanding comes from IntoTheBlock’s netflow data. Over many time periods, the data shows a constant pattern of Bitcoin withdrawals from exchanges. Bitcoin saw a net loss of 8.03K BTC in the past 24 hours alone, while 6.29K BTC was taken out throughout last week. The netflow has been negative even during the past month. This consistent loss of Bitcoin from markets supports the belief that investors are clinging to their assets, maybe waiting for more favorable conditions to sell. Increase In Stablecoin Reserves Apart from the declining BTC holdings, stablecoin reserves on exchanges clearly have increased. This increase speaks to market liquidity rising. Usually, traders are getting ready for opportunities for future purchase. Increase in USDT stablecoin holdings on exchanges since August “When stablecoins flow into exchanges and increase their holdings, it is generally interpreted as funds waiting to buy, which will have a positive effect on the price.” – By @Yonsei_dent Link 👇… pic.twitter.com/wsrY0rCFaC — CryptoQuant.com (@cryptoquant_com) September 10, 2024 Stablecoins are easily accessible pool of money ready for swift deployment. More stablecoins entering the market indicate that investors are ready to seize possibilities, which may cause a major price breakout. Looking ahead, institutional interest and macroeconomic elements are also rather important in determining the possible price trajectory of Bitcoin. Although past rate increases by the Federal Reserve have slowed down the crypto asset’s expansion, possible rate reduction could create a more suitable habitat for the BTC. Furthermore increased institutional demand spurred by potential approval of physical exchange-traded funds (ETFs) could help to further increase Bitcoin’s liquidity and general acceptance. Related Reading: Analysts Predict XRP ‘Mega Pump’ And ‘Perpetual Cycle’ – Details Bitcoin Price Forecast The future of Bitcoin excites experts; some estimate a price of $100,000 by 2025. Macroeconomic changes and increasing institutional participation help to encourage this positive attitude. With the decline in exchange reserves and increase in stablecoin reserves, the present market dynamics point to Bitcoin perhaps preparing the ground for its next significant surge. The indicators suggest a possible Bitcoin bull run. The backdrop created by declining reserves on exchanges, rising stablecoin liquidity, and consistent withdrawal patterns should help to support notable price rises. With improving macroeconomic conditions and rising institutional interest, Bitcoin’s road to $100,000 by 2025 seems increasingly feasible. Featured image from Pexels, chart from Trading View

The community will now move forward with proposals supporting the development of its core protocol software.

The Northern Trust Carbon Ecosystem will enable carbon credit transactions from issuance to retirement.