Dogecoin Sheds 11% But Bullish Signs Emerge
Despite Dogecoin’s recent 11% price drop, analysts are pointing to several bullish indicators suggesting a potential rebound for the popular meme coin.
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Raoul Pal’s Top Meme Coin Bets, Bullish on Dogecoin ETF
Raoul Pal, the founder and CEO of Real Vision and Global Macro Investor, has disclosed his biggest meme coin investments, with Whiff and Bonk being his two equally weighted top bets. He also holds Dogecoin and believes it could potentially become the next meme coin ETF.
AI Fuels Crypto Rally as Nvidia Soars Ahead of Earnings
AI-focused cryptocurrencies and Nvidia’s shares have surged, propelling a crypto market recovery amid growing excitement surrounding artificial intelligence advancements and the company’s upcoming earnings report.
Solana to Breach All-Time High Despite Activity Drop, Expert Says
Despite a recent 30% drop in total value locked (TVL) on the Solana blockchain, an expert predicts that Solana has the potential to surpass its all-time high, citing factors such as network improvements, growing adoption, and Stripe’s re-entry into the crypto market.
BTC Plunges Below $60K as Halving Nears
Bitcoin’s value has dipped under the $60,000 mark, accompanied by traders liquidating over $115 million in positions within a 4-hour window, potentially driven by the imminent Bitcoin halving event.
Iran-Israel Tensions Trigger Crypto Selloff
Heightening fears of conflict between Iran and Israel largely triggered Friday’s $860 million crypto market liquidation, according to QCP Capital. Geopolitical instability often drives investors away from risky assets like cryptocurrencies, seeking safer investments, resulting in sell-offs across risk asset classes.
CommEX Closure Highlights Crypto Regulatory Hurdles in Russia
Binance, the world’s largest cryptocurrency exchange, has exited the Russian market, selling its Russian branch to CommEX. Now, CommEX has announced the gradual suspension of its trading platform operations, culminating in a complete shutdown by May 10, 2024, citing challenges in navigating Russia’s compliance environment.
Cardano Price Under Pressure: $500M Trading Signal a Bearish Catalyst?
Cardano’s price has been consolidating around $0.61 to $0.64, with on-chain data indicating a potential bearish reversal as traders closed $500 million in ADA futures contracts over the past month.
Dogecoin Surges 14% After Elon Musk’s Endorsement for Tesla Payments
The meme cryptocurrency Dogecoin (DOGE) experienced a 14% spike following Elon Musk’s comments about potentially accepting DOGE as a payment method for Tesla vehicles.
Coinbase Expands Altcoin Offerings for German Users: 11 New Digital Assets
Coinbase, one of the leading cryptocurrency exchanges, has introduced 11 new altcoins for eligible users in Germany, including Voxies (VOXEL), Celestia (TIA), Hivemapper (HONEY), Velo (VELO), and more.