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Polygon recovers and takes aim at the high of $1.28 again

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Mar 28, 2024 at 13:45 // Price Author Coin Idol Polygon (MATIC) trades between the moving average lines. Long-term forecast for the Polygon price: bearish Polygon's price quickly remained unchanged after falling below the moving average lines on March 19. The cryptocurrency fell from its previous high of $1.28 to a low of $0.91. The bulls bought the dips, but the price action has paused around the high of $1.10. It is currently trading above the 50-day SMA support but below the 21-day SMA resistance. The altcoin will continue its trend if it breaks above t

Ripple: Will the SEC's $2 Billion Demand Trigger a Mass Exodus for XRP?

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The SEC’s unprecedented $2 billion demand has triggered a plethora of new reactions within the XRP community. The new development entails the US Securities and Exchange Commission extracting $2 billion from Ripple as a penalty, which has been dubbed “exploitative” by many analysts and investors within the XRP community.  The new SEC-XRP update has perplexed market investors. With new developments catching pace, users are now forced to think about different narratives, including the one where XRP may undergo a price rehaul, which may end up crushing its momentum.  Also Read: Ripple : XRP to Break Past $6? This Analyst Thinks So Ripple to Go Down? Source: Analytics Insight A new debate has stirred up the XRP community. The SEC’s recent decision to penalize XRP has set a new development course in motion. Narratives have been floating around where this new update, disguised as $2 billion in demand, can be lethal for the price of XRP.  Criticizing the SEC’s current stan

Scottish land deal linked to bitcoin scam was 'plain money laundering'

A multi-billion dollar bitcoin laundering case has reportedly revealed how estate agents in Dubai attempted to launder funds via the sale of Scottish land in a ‘starkly fraudulent’ scheme.  Former takeaway worker Jian Wen was convicted last week of launder ing billions of dollars worth of bitcoin on behalf of fugitive Chinese fraudster, Zhimin Qian. As reported by the Financial Times, during her prosecution, messages between Wen and Dubai-based estate agent Michael James Burke revealed a possible property deal in Scotland that would supposedly offer ‘ a 100% return on paper .’ Burke told Wen that he has “played with the valuation and the purchase price,” of his Scottish land to ensure a lucrative return. He said they accept cash or bitcoin before offering buyers a loan that can make “100% profit over two years.”  Scottish bitcoin scheme was ‘starkly fraudulent’ Prosecutor Gillian Jones claimed during Wen’s proceedings that Burke’s offerings were “ another money laundering schem

Holdstation’s $700K Incubation Fund

Holdstation’s $700K Incubation Fund has been launched to support launchpad projects on zkSync. This fund is designed to nurture and incentivize projects within the ecosystem, with a primary focus on growing Community, Paymaster Alliance, and Launchpad Projects on zkStarter . The Incubation Fund aims to discover innovative projects that enhance the current strengths of Holdstation and zkSync. Through backing these groundbreaking ventures, Holdstation seeks to accomplish multiple objectives. This is to broaden the zkSync ecosystem, speed up its acceptance, and cultivate a vibrant community of users and developers. Holdstaion’s Mission On zkStarter, launchpad projects receive incubation support for strong and rapid development through careful selection and strategic agreements for capital optimization. The Holdstation fund supports community events like trading competitions and social media campaigns to create sustainable value for the Holdstation community. Paymaster Alliance and Holdst

Intent X integrates Orbs Liquidity Hub for increased liquidity 

IntentX, a decentralized perpetual exchange (DEX), has announced a collaboration with Layer 3 network Orbs, according to the info shared with Finbold on March 26. The collaboration marks a significant stride in the realm of decentralized finance (DeFi) and entails the integration of Orbs’ Liquidity Hub into IntentX’s ecosystem with the aim of enhancing user access to spot orders and the perpetual contracts marketplace. Transcending traditional automated market makers Orbs Liquidity Hub stands as a cornerstone in DeFi infrastructure, going beyond traditional automated market makers (AMMs) by harnessing liquidity from both on-chain and off-chain sources. Picks for you Radicle 1.0 goes live, spearheading decentralized code collaboration 24 mins ago 'Nvidia of crypto' token is up over 800% in a year 25 mins ago Real Estate crypto token rallies 300% in a week after first property sale 42 mins ago Andrew Tate delivers harsh message to ‘crypto Twitter d

Meme Coin Sponge V2 Explodes with 390% APY Staking on Polygon – Matthew Perry Review

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Matthew Perry shared an update on the recent surge in Sponge V2‘s value, which has skyrocketed by over 100% in the past month. This growth aligns with the project’s migration to Polygon, offering high yields of up to 300% APY has garnered significant community support. Sponge V2 soars with $23 million in staked and bridged, fueling high APY rewards Sponge V2, a new meme coin, is gaining traction with over $23 million in staking activity, reflecting strong investor interest and community support. This momentum is further amplified by the project’s roadmap, which includes upcoming exchange listings, solidifying Sponge V2’s growth trajectory. The project’s rapid expansion and unwavering community backing have fueled the increase in staking activity. Sponge V2’s website highlights its impressive milestones, including a 100x surge in 2023 and upcoming major exchange listings, attracting significant attention within the crypto space. Despite past performance not guaranteeing future suc

Internet Computer Price Prediction As ICP Surges 22% And Experts Say Consider This Bitcoin Derivative For 100X Gains

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The Internet Computer price soared 22% to trade for $17.049 as of 07:07 a.m. EST time as trading volume surged 125%. The ICP price has jumped nearly 60% over the last week, after bottoming out at $10.721 on March 19. Since then, the Internet Computer price has recorded a steady series of higher highs, characterized by consistent green candlesticks as bullish sentiment grew. With significant averages rising, investors have been focused on positive price action. It points to interest in the ICP token, amid growing network popularity as investors line up behind the choice protocol for full-stack general-purpose software. All the crypto gimmicks are eventually great marketing for #ICP, as the protocol for full-stack general purpose software that actually does what it claims. — ∞ 3erik Potter ∞ (@integral_wizard) March 25, 2024 According to some traders and analysts, the ICP is in price discovery mode as  other cryptocurrencies re-gain previously achieved levels. As i expected, #b

Bitcoin Price Prediction: BTC Pumps 5% As BlackRock Closes On Grayscale And This Green ICO Skyrockets Towards $9 Million

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The Bitcoin price surged 5% in the last 24 hours to trade at $67,502 as of 00:01 a.m. EST on trading volume that jumped 29% to $30 billion. This comes as Analysis shows that BlackRock’s spot Bitcoin ETF (exchange-traded fund) could surpass Grayscale’s GBTC ETF in terms of Bitcoin holdings in the next three weeks if the current pace of flows remain unchanged. The BlackRock ETF holds 243,500 BTC as of March 24, worth over $16 billion, with a daily inflow of roughly 4,120 in new BTC. Grayscale, on the other hand, holds an estimated amount of 350,252 BTC worth $23 billion but experiences outflows of roughly 4,140 BTC daily. BlackRock’s Bitcoin ETF, $IBIT, has been a great success ($16 Billion/243,000 BTC in 11 weeks), but we are still so early 👇 pic.twitter.com/rGTTWMAjF0 — HODL15Capital 🇺🇸 (@HODL15Capital) March 25, 2024   Bitcoin Price Bulls Poised To Sustain The Bullish Stance Above The Ascending Triangle BTCUSD Chart Analysis Source: TradingView.com The Bitcoin price has

ClayBro Reviews New Crypto Presale Offering Bitcoin Price Prediction Rewards For Investors

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Crypto expert ClayBro reviews the Green Bitcoin presale, highlighting its substantial $8 million accumulation and urging investors to join the eco-friendly project before its market launch. This initiative aimed for a quick presale, but Green Bitcoin’s global buzz surpassed all expectations, leading to the rapid achievement of their hard cap target. Green Bitcoin presale surges to $8 million, phase 2 launching soon With a strategic focus on the cryptocurrency market, now is the opportune moment to leverage accumulated knowledge and seize lucrative opportunities. One such prospect lies with Green Bitcoin (GBTC), a project positioned to yield promising returns. Having successfully completed Phase 1 and amassing an impressive $8 million in funds, Green Bitcoin gears up for Phase 2, prompting investors to act swiftly. Offering a pathway to passive income with an enviable 80% annual return, securing GBTC tokens at the lowest pre-launch price point is paramount. Presently priced at $1.

Dogecoin Confirms New Macro Uptrend: Can DOGE Hit $0.2?

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Dogecoin has recently confirmed a new macro up trend , signaling a potential surge in its price. According to a tweet by analyst Rekt Capital, “DOGE Dogecoin has once again tagged the macro-down trend for a successful retest, rebounding +24% since Dogecoin is confirming a new macro-up trend as we speak.” This development has sparked excitement among investors and enthusiasts, as they speculate whether DOGE could potentially reach the $0.2 mark in the near future. $DOGE Dogecoin has once again tagged the Macro Downtrend for a successful retest, rebounding +24% since Dogecoin is confirming a new Macro Uptrend as we speak#DOGE #Crypto #Dogecoin https://t.co/MQRXtFMubo pic.twitter.com/iwZpXG4Z9S — Rekt Capital (@rektcapital) March 21, 2024 Also read: Ethereum Foundation Under Investigation: How Will ETH Perform This Weekend? The recent surge in popularity and price of Dogecoin has not only solidified its position as a major player in the meme coin market but has

Wen Price Prediction: WEN Soars 26% As Analysts Say Buy This Other Solana Meme Coin As Its Huge Airdrop Looms

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The Wen price jumped 26% in the last 24 hours to trade at $0.0002899 as of 4:00 a.m. EST on trading volume that skyrocketed by 35% to $77 million. The token’s also skyrocketed 240% in the past month, when it hit an all-time high at $0.0004191 on March 9. Wen is a project revolving around a cute cat that has attracted plenty of users thanks to its style and energy. In addition to that, it was also recently welcomed to DRIP, a platform for limited edition art, music, videos, comics, games, and more. Already 90k+ subscribers in 1 day. If you haven't already subscribed, head over to @drip_haus right now ❤️ https://t.co/G7jIedsUpU pic.twitter.com/Hr1dWMbOFQ — Wen (@wenwencoin) March 21, 2024 Wen noted that there have already been over 92k subscribers after joining DRIP. Wen Price Prognosis Despite the fact that the bull run led by Bitcoin over the last few weeks stalled, the Wen price continues to increase, especially in the last three days. The question now is whether its gro

Immutable And OKX Join To Launch A GameFi Launchpad On OKX NFT Marketplace

Immutable, one of the leading web3 gaming platforms, has announced a strategic partnership with the crypto exchange OKX to launch a GameFi non-fungible token launchpad on the OKX NFT marketplace. The giant firms believe their partnership will bring the masses into web3 gaming. Immutable & OKX Join To Launch A GameFi Launchpad In a March 21 blog post, Immutable confirmed inking a strategic partnership with OKX, including introducing a GameFi NFT launchpad and integrating Immutable’s gaming-focused zkEVM blockchain network into OKX Marketplace and OKX Wallet. The news is finally out. @OKX + @Immutable = unparalleled distribution for web3 games. 🎉@immutable is partnering with @okx to launch a gamefi launchpad, to onboard the next billion users into web3. https://t.co/rnBBEgGj2t — Robbie Ferguson 🅧 | Immutable (@0xferg) March 21, 2024 Established in 2018, Immutable is a gaming platform focused on bringing digital ownership to every player by making it safe and easy to build gr

Meme coins add 2017 ICO-style ‘utility’ to offerings

Google queries for meme coins have quintupled in the last 30 days with some leading tokens rallying millions of percentage points. At today’s heights, some are calling for the bubble to pop. This month — somewhat unbelievably — dozens of new meme coins have raised nine figures simply through their founders tweeting a Solana wallet address. No whitepaper, website, terms, or agreement. Now, with the memetic bubble reaching fever pitch, hundreds of smaller coins are already trying to attract attention from the leading tokens’ breathtaking valuations by adding ‘ utility .’ It is the ICO playbook all over again. Seven-year rewind For context, during the 2017 initial coin offering ( ICO ) craze, founders tried to avoid US SEC urities regulations by focusing on the utility (rather than profit potential) of their tokens. Because US law forbids most founders from raising money on the promise of profit without SEC registration or exemption, ICO s emphasized how their tokens were merel

MicroStrategy owns almost 2% of all circulating bitcoin — now what?

Bitcoin famously has a coded limit on how many of the asset can be mined going forward — an even 21,000,000 coins. At time of publication, more than 19.6 million of those 21 million bitcoins have been mined, meaning that 93% of all bitcoins that will ever be produced already have been.  While it’s impossible to determine exactly how many bitcoins have been lost — estimates range from 20% to nearly 40% — these lost coins play a crucial role in determining how widespread and evenly distributed ownership of the currency is. In this sense, what’s good for Michael Saylor and MicroStrategy might not be good for a decentralized protocol. According to the most recent 8K for MicroStrategy, the company holds 214,246 bitcoins. Ultimately, this means that one company now controls between 1.3% and 1.8% of all bitcoin that can ever be moved. MicroStrategy eyes $750M stock sale, likely to buy more bitcoin Read more: MicroStrategy hints at Bitcoin bag dump while offloading shares Concerns fo

Cardano Active Addresses Hit New Peak As Toncoin and NuggetRush Lead the Altcoin Market Rally

TLDR  Cardano’s number of active addresses has hit a new ATH of 596,915. Toncoin price has increased 34.1% in the past week. NuggetRush’s price has rallied 90% to its current price of $0.019. Three altcoins – Cardano, Toncoin, and NuggetRush, have caught the attention of investors with bullish indicators.  New data has revealed that the total number of active addresses for Cardano has reached a new all-time high level of 596,915. Toncoin, meanwhile, had climbed by 34.1% by the end of last week, while the price of  NuggetRush had risen by 90% and currently stands at $0.019. NuggetRush (NUGX): Early Investors Pack Up 90% ROI  NuggetRush (NUGX ) is being billed by some investors as the best ICO in the market right now, given its latest achievements. Now in the last round of its presale, the token has rallied by 90% from its starting value of $0.010 to its current value of $0.019. Investors who joined early have seen their investments grow by 90%.  F