Author: NBTC
The parody Department of Government Efficiency (D.O.G.E) memecoin has surged by 100% in the last 24 hours, boosting its trading volumes and demand. Elon Musk’s public discussions about forming a real “Department of Government Efficiency” (D.O.G.E.) to streamline government spending have spurred the rise of this parody token. A parody Department of Government Efficiency (D.O.G.E) memecoin has been up 100% in the past 24 hours as it has started to go viral within crypto circles, boosting trading volumes and demand. A CoinDesk analysis first flagged the Ethereum-based token in mid October, with prices increasing more than 600% since then. Entrepreneur…
Veteran trader Peter Brandt insists Bitcoin has still not recorded a breakout, urging caution despite the firstborn crypto’s recent gains. In an analysis today, Brandt argued that Bitcoin’s recent movements do not yet constitute a “real” breakout. He focused on important structures and price points that Bitcoin must breach to qualify as a legitimate breakout. The Bitcoin Inverted Broadening Triangle Brandt’s chart shows an inverted broadening triangle pattern on the weekly BTC chart. The legendary analyst had previously identified this pattern, suggesting that Bitcoin would remain in a bearish setup as long as it trades within the structure. Bitcoin’s recent…
Last week, OKX Ventures, the investment arm of global blockchain service provider OKX, revealed a new investment in Corn, an Ethereum Layer 2 solution. This partnership will help connect Bitcoin (BTC) with the Ethereum ecosystem to boost its use in decentralized finance (DeFi) protocols on Ethereum. 📢 OKX Ventures invests in Corn: an Ethereum Layer 2 network designed to unlock BTC utility in DeFi! 🚀@use_corn lets BTC holders access Ethereum DeFi, using BTC as gas through BTCN—a tokenized hybrid Bitcoin. 🌐💸Learn more 👉https://t.co/zSpeooIahw#Bitcoin #Ethereum… pic.twitter.com/skY9LIxRN9 — OKX Ventures (@OKX_Ventures) November 12, 2024 About OKX Ventures OKX, for its part, is…
More than $21 million worth of Neon EVM (NEON) tokens are set to enter the market, alongside over $25 million in other tokens, including Cardano (ADA), Ethena (ENA), EigenLayer (EIGEN), Hashflow (HFT), and Heroes of Mavia (MAVIA). This influx comes as the broader crypto market reached new highs and recorded significant gains. According to the data posted on X by Tokenomist (formerly TokenUnlocks), a substantial 44.92% of the circulating supply of NEON (53.91 million NEON) will be unlocked, along with $6.18 million in ADA (0.05% of the circulating supply). Additionally, $400,000 in Liquity (LQTY) and $113,000 in Euler (EUL) will…
As Bitcoin (BTC) recently broke through the $70,000 resistance level, its technical patterns hint at a substantial rally over the next 12 months, as prominent analysts highlighted. This move from a seven-month bearish megaphone pattern, which had previously kept BTC’s price in a consolidation phase, marks a significant bullish shift. According to an October 28 TradingView analysis by TradingShot, this breakout is reinforced by three key indicators, suggesting BTC could be on the cusp of a powerful rally in the year ahead, potentially targeting the $200,000 mark. Key technical indicators supporting Bitcoin’s bullish outlook The current bearish megaphone breakout is…
Sei-based Yei Finance has announced a major integration with OEV Network to bring fresh opportunities in recaptured maximum extractable value to users. OEV is a layer-2 solution that helps projects to recapture oracle extractable value and return this to users. Meanwhile, Yei Finance is the largest money market platform on Sei (SEI). With the OEV Network supercharging the data feeds on API3, integration with Yei means the Sei-based money market platform can unlock new opportunities with recaptured MEV. API3 revealed the collaboration via X on Nov. 12. “As the go-to lending platform on Sei, Yei Finance sets the standard in…
As of 7th November, some big assets, including AIOZ, MASK, and SXP, are showing accumulation signals. These assets have caught the attention of big market players. According to crypto analysts, these assets could be the next big movers and give significant returns in the future. MOST RECENT ASSETS IN THE ACCUMULATION PHASE $AIOZ $MASK $SXP $RAD $NOS $PROM $SAFE $STORJ $UNFI $ARPA pic.twitter.com/meSjWaKTWG — PHOENIX – Crypto News & Analytics (@pnxgrp) November 7, 2024 The accumulation phase is a strategic phase where the volume of an asset is higher than usual. It is mostly due to trading bots or the…
Market expert Don Gambardello speculates an imminent Bitcoin breakout from a multi-year head and shoulders (H&S) pattern that could catalyze an explosive uptrend to six figures. Bitcoin appears to have rediscovered its form today after an over 3% upside above $71,000. The surge pushed the asset to a four-month price high, last seen in June. However, experienced market speculator Dan Gambardello asserts that the recent uptrend is only a precursor of a greater rally to come. The expert’s analysis shows that Bitcoin is forming a price pattern tipped to stir a surge to six figures for Bitcoin. Inverse Head and…
As Bitcoin has broken past the $71,000 threshold, analyst Egrag Crypto is eyeing a bullish rally to over $100K. Over the last 24 hours, Bitcoin has bullishly moved past key resistance levels, reaching a notable milestone above $71,000. This rise represents a significant recovery, as it had not reached this level since June. The ongoing momentum has sparked speculation of further gains, driven by technical patterns and growing institutional demand. Broadening Wedge and Triangle Breakout Egrag Crypto, an analyst on X, highlighted Bitcoin’s breakout from a descending broadening wedge pattern. This bullish setup is confirmed by Bitcoin’s retest and rebound…
Got a few minutes? There’s an original Doge-themed beat-’em-up game inscribed on Dogecoin via the Doginals protocol. It’s free, it’s fun, and it’s the perfect game to play as DOGE buzz is back in full swing amid a surge to a three-year price high price. Super Doginals is a retro-style brawler in the vein of classics like Streets of Rage and Fatal Fury, as you control one of three characters—including two anthropomorphic Shiba Inu dogs—and stroll through side-scrolling environments, pummeling foes based on other meme-friendly creatures like apes, cats, and frogs. According to an official description, the game sees players…