This Expanding Triangle Pattern Could Be The Last Hope For Bitcoin Bulls

Bitcoin broke through support and plunged to the lowest prices seen since 2020. However, despite all the fear the drop has caused, it could be the last low before the top cryptocurrency continues its bull run. Here is why an extremely rare Elliott Wave expanding triangle pattern could be the last hope Bitcoin bulls have for new highs before a bear market. Ralph Nelson Elliott And His Theory On How Markets Move Ask most crypto investors and they would probably agree: we are in a bear market. However, based on…

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Dogecoin Has Dropped 90% Since “The Dogefather” Debuted On SNL

Dogecoin, the most popular meme cryptocurrency, has dropped 30% in the last 24 hours, but has already started to rebound. Someone moved around 250 million Dogecoins during this enormous price drop, with little more than half of that amount going to Robinhood. Whale Move Dogecoin To Robinhood The @DogeWhaleAlert account, which monitors large Dogecoin transfers, has discovered two transactions totaling more than 100 million Dogecoins. The two DOGE lumps had a total of 110,614,220 and 139,261,848 meme coins worth $8,497,274 and $11,625,997, respectively. The second Dogecoin payment was made via…

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How to Get Fit and Earn Crypto with MoveZ

Tokenomics emerged as a popular concept in the crypto space in 2017 as a way to incentivize certain behaviors on blockchains through the use of tokens. The idea is that by aligning the economic incentives of a project with its users, you can more effectively drive adoption and usage. One area where tokenomics have been applied is in the realm of fitness and exercise. The theory goes that if you can reward people for getting in shape and staying active, you can help address the global obesity epidemic. Recent years…

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Bitcoin Exchange Inflows Hit Three-Month High As Market Braces For More Downside

Bitcoin exchange inflows have been on the rise recently. Although there was a period where it had tapered off, it had continued to rise once more. The culmination of this has been a massive inflow into various centralized exchanges, presumably for investors to sell off their coins. Now the inflows have hit a new three-month high, painting a rather grim picture for the future of the digital asset. Inflows Take Over Bitcoin investors have been dumping their holdings since the digital asset started its descent from its $69,000 all-time high.…

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Ethereum Exchange Inflows Decline As Sellers Cool Off, Will Price Follow?

Ethereum exchange inflows had been on the high side for the better part of the past week. They averaged above $1 billion each day giving credence to the sell-off trend that has been experienced in the market. However, it seems there is a turn in the tide coming. As the weekend draws to a close, exchange inflows have been on the decline. This signals that the sellers are entering into a cool-off period that could potentially alter the price movement. Inflows Fall Below $1 Billion This week had opened up…

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Bored Ape’s Land Sale Broke Ethereum. Extreme Success Or Roaring Failure?

On Saturday, April 30th, Bored Ape’s creators Yuga Labs broke Ethereum. Their new metaverse-inspired project, Otherside sold plots of virtual land to a roaring crowd of people yelling “Shut up and take my money!” In this case, the currency in question was the recently created ApeCoin. However, since Ethereum hosts ApeCoin and the land NFTs, the roaring crowd needed ETH to pay for the operations’ gas fees.  If you’re familiar with Ethereum, you already know what happened. According to IntoTheBlock’s Lucas Outumuro, “The Bored Ape’s Otherside land sale led to…

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Blue Chip NFTs 101 – How Did Moonbirds Conquer The World In A Bearish Market?

The extreme success of Moonbirds is the NFT story of the year so far. The collection opened up so strongly that it archived instant blue chip status and a place at the top of the charts. The market for NFTs is bearish at the moment, how did the pixeled owls accomplish such a feat? It certainly wasn’t just the art, even though the Moonbirds have a distinctive look and probably make excellent profile pictures AKA PFPs.  Let’s uncover the story. This one has it all; a nascent but powerful organization,…

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CyberCity game review: Fight for Crypto & Dominate the Cyberpunk Metaverse

Play2Earn games are the future of gamingб all because they completely turned the idea of ​​​​the mechanics of earning crypto and in-game assets ownership. Today you can earn cryptocurrencies just by playing games. One of the most promising P2E games is called CyberCity. We decided to go behind the scenes and find out what makes the game so remarkable and how users can earn money in it. The fight for resources and power: reveal the storyline of the game Cyber ​City Inc is a new game with an open Play-to-Earn…

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XinFin’s Double Triumph With XDCNFT and XDC

When it comes to the crypto industry, in order to excel with one product, the firm must be able to launch up multiple products and projects. Yet, the core of the firm has to be the same throughout. This has been one of the best strategies, especially in the crypto and crypto related industry. Out of the possibilities if one succeeds so will the other together. Similarly, taking the ideology to serious extents, indeed XinFin, a prominent Delegated Proof of Stake Consensus network (XDPoS) hybrid chain platform attains much praise…

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The Complete Guide to Cryptocurrency Mining

Cryptocurrency mining is the process of generating new revenue or value by verifying transactions and creating new digital assets. A type of virtual currency mining, it can be used to create new virtual coins occupied by buyers of the finished product. If you own some cryptocurrency, like Bitcoin, you probably know that every time you send value to someone else, you’re creating a new digital asset. In other words, whenever you send value, you’re creating a new digital asset that is recorded on a blockchain and can only be transferred…

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