Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs or any other spot crypto ETFs beyond bitcoin and ether. The decision by the SEC to approve ether ETFs “is already stretched given the ambiguity about whether ethereum should be classified as security or not,” said […]
SOL price rallied 5% today, but on-chain data raises doubts about whether Solana can overcome the barrier at $190.
I’m trying to wrap my head around the crypto world. What is the reason for mining? If it is to validate a transaction, that seems like it is ripe for fraud. Shouldn’t all tokens be mined already in order to provide a secure network. Aren’t most meme coins just pump and dump financials with vague…
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Sphere Labs, a blockchain developer focused on bringing stablecoins as a service to businesses, has announced a new bank-to-wallet Telegram extension.
Crypto analyst Mags has raised the possibility of Dogecoin (DOGE) recording a 700% price surge that will send it above $1. The analyst’s prediction follows a recent recovery in Dogecoin’s on-chain metrics, which paint a bullish picture for the meme coin. Dogecoin About To Go Parabolic Mags remarked in an X (formerly Twitter) post that Dogecoin is about to go parabolic. He claims that the foremost meme coin will make a 700% move in this cycle as it rises above $1. Related Reading: Why Did CORE Price Surge 20% While The Crypto Market Dumped? The analyst is known to have rightly called Dogecoin just before it recorded a 170x price increase in the last bull cycle. Mags also revealed that he has been accumulating DOGE for the past few months and is ready for the 7x return he will gain if Dogecoin were to make this move. A 700% increase in Dogecoin’s price from its current level would mean the meme coin would rise to as high as $1.17. This aligns with other predictions made by crypto analysts, like Ali Martinez, who says that Dogecoin can rise to $1 in this market cycle. Meanwhile, crypto analyst Capt Toblerone has given a more bullish prediction, stating that Dogecoin could make a 1,300% rally and rise to as high as $1.5. However, unlike Mags, Capt Toblerone predicts that Dogecoin will still experience a 30% price crash and drop to around $0.108 before it makes this parabolic move to the upside. Meanwhile, it is worth noting that some of Dogecoin’s on-chain metrics are again in the green, presenting a bullish outlook for the foremost meme coin. Data from the market intelligence platform IntoTheBlock shows that Dogecoin whales are actively accumulating the meme coin with a 2.64% in large transactions over the last few days. The Bid-Ask Volume Imbalance has also turned bullish for Dogecoin. However, those looking to invest in DOGE might have to be cautious, given that most holders are currently in the money (in profits). This could lead to a wave of sell-offs, which could cause Dogecoin’s price to dip momentarily. Such dip undoubtedly provides the perfect entry for those looking to invest in the meme coin. A DOGE ETF Could Be On The Cards Market experts continue to raise the possibility of a Dogecoin exchange-traded fund (ETF) coming into existence. Bloomberg analyst James Seyffart recently discussed the possibility of a Dogecoin ETF being one of the next crypto funds to launch following the approval of the Spot Ethereum ETFs. Related Reading: Bitcoin Price Enters Make Or Break Zone: Analyst Reveals Important Levels To Watch Crypto venture capitalist (VC) Andrew Kang also boldly claimed that “the odds for a DOGE ETF look brighter than ever.” He made this assertion while alluding to the regulatory clarity that the crypto industry in the US will gain if the Financial Innovation and Technology for the 21st Century (FIT21) bill eventually gets enacted. Launching a Dogecoin ETF can help drive the meme coin’s price to $1 or even higher, given how the Spot Bitcoin ETFs contributed to Bitcoin’s rise to a new all-time high (ATH) in March. Featured image created with Dall.E, chart from Tradingview.com
I met a person through a telegram group and through our coversation she told me she earns passive income through blockchain nodes. She didnt tell me anything about it but after some time I asked and she told me I can start earning too and she can show me. Told me to download Trust Wallet,…
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A cat video filmed 20 years ago by former YouTube chief technology officer Steve Chen is now the basis for a memecoin with a market capitalization of more than $20 million.
Hello ETH fellows, I wanted to crowdsource some thoughts from the Eth community. I’m a small ETH holder (~9ETH at ~$360 cost average). I’ve been considering liquidating my ETH to usd once we hit 5-6k to purchase my dream truck. $40k+ valued vehicle at a ~$2,900 initial investment seems like a pretty good deal. But…
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I've dabbled with crypto over the last few years, but today is the first time I've tried selling anything more than a simple test. I've put in a target price sell order of ETH with crypto.com, but it's been hours and it's still not sold. The market has been above my target price most of…
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Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National Commission for Digital Assets, met on May 23 to discuss bitcoin regulation and adoption issues. This meeting was the second between these two institutions and hints at a possible regulation agreement between the two countries. […]
