According to BlockBeats, key members of the U.S. House of Representatives have released a draft bill aimed at establishing a regulatory framework for digital assets in the United States. The proposal was introduced by French Hill, Chairman of the House Financial Services Committee, G.T. Thompson, Chairman of the House Agriculture Committee, Bryan Steil, Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, and Dusty Johnson, Chairman of the Subcommittee on Commodity Markets, Digital Assets, and Rural Development. This initiative seeks to address the growing need for clear regulations in the digital asset sector #BTC
THERE’S A BULL TRAP AND ANOTHER IS RISING – FLM IN A DANGEROUS SPOT! FLM qand fil is playing a dangerous game right now. 📉🔥 The chart is full of bull traps, and just when you think it’s safe, another one’s setting up. 🧨💣 This market is like a maze of false hope. 🌀 Every bounce looks like the start of a rally — but it’s just another setup for a nasty fall. 💥 🐂🚫 The bulls are getting baited and the bears are just waiting for the right moment to pounce. Sellers are lurking, and they know exactly when to strike. 💼📉 The volume is weak, RSI is showing weakness, and every attempt at upward momentum is being squashed fast. 🧱🔻 You can see it clearly — one bull trap after another. 🔒📉 You think you're about to catch a pump, and boom, it's a fakeout! 🪤 Every green candle feels like hope, but it’s a trap to get you caught in a dump. ⚠️📊 The market is volatile, unpredictable, and full of deceptive movements. 🌀📈 Every little rise just sets you up for a deeper drop. 📉💣 FLM and fil is flashing all the classic signs of a pump-and-dump scenario. 📊💔 The market's not going to give you any easy wins. You have to be careful — because another trap is just around the corner. 🧠⚠️ If you’re not watching carefully, you could get caught in the next bull trap. #FLM #fil
They Laughed Before, But They're Silent Now... People called it just a “meme coin” when prices dropped. But when $LUNC shot up to $116, no one was laughing anymore. The community never gave up. #LUNCStrong isn’t just a hashtag — it’s a movement. Redemption Mode: Activated Is this the start of the big comeback? Could the next stop be the moon? Stay tuned. Claim your airdrops and join the rise! #LUNC #Write2Earn #CryptoComeback #Binance #AirdropFinderGuide --- soon 1$ #LUNC✅
Best Funding Rounds Of April There were 93 funding rounds in April, totaling $2.37B. Here are the main ones: @Auradine_Inc - $153M @LayerZero_Core - $55M @AlpacaHQ - $52M @NousResearch - $50M @blackbird_xyz - $50M @wunder_social - $50M @meanwhilelife - $40M $BTC
Dogecoin Poised for 20% Price Rally, Key Metrics Confirm The post Dogecoin Poised for 20% Price Rally, Key Metrics Confirm appeared first on Coinpedia Fintech News After being in a downtrend for almost six months, Dogecoin (DOGE) the biggest meme coin is poised for a significant price rally. On September 13, 2024, DOGE experienced an impressive price surge, resulting in a breakout of its long descending trendline.
Dogecoin (DOGE) Technical Analysis and Upcoming Levels According to expert technical analysis, DOGE appears bullish despite trading below the 200 Exponential Moving Average (EMA) on the daily time frame. In addition to the descending trendline breakout, DOGE’s Relative Strength Index (RSI) also experienced a breakout from a symmetrical triangle on the daily time frame, indicating bullish momentum. Source: Trading View Based on the historical price momentum, if DOGE closes a daily candle above the $0.106 level, there is a strong possibility it could soar by 20% to the $0.128 level, in the coming days. However, this bullish thesis will only hold if DOGE closes the daily candle above the $0.106 level, otherwise, it may fail. DOGE’s Bullish Key Metrics However, DOGE’s current bullish outlook is further supported by the on-chain metrics. Coinglass’s long/short ratio currently stands at 1.051, indicating bullish market sentiment among traders. At present, 51.25% of top DOGE traders hold long positions, while 48.75% hold short positions. Source: CoinGlass Additionally, DOGE’s future open interest has increased by 9.2% in the last 24 hours and has been steadily rising since September 8, 2024. The increasing open interest, combined with a long/short ratio above 1, indicates potential buying opportunities. Traders and investors often consider this combination while building long or short positions. Source: CoinGlass On the other hand, the DOGE OI-weighted funding rate currently stands at 0.0067% and is positive, indicating bullish market sentiment. Typically, a positive OI-weighted funding rate is viewed as a bullish signal #DogeForever
_The Power of Early Investment: A Dogecoin Example_ Imagine investing $100 in Dogecoin ($DOGE) in 2015: - You could have bought approximately 500,000 DOGE coins at $0.0002 per coin. - Fast forward to 2021, when DOGE reached an all-time high of $0.74 per coin. - Your 500,000 DOGE coins would be worth approximately $370,000, a staggering ROI of 369,900%! However, remember: - Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. - This is a hypothetical scenario, and actual results may vary. Early investment in cryptocurrency can be lucrative, but it's essential to understand the risks and volatility involved. $SUN $PEOPLE $DOGE Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs. DOGE 0.10121 -1.41% 28.8k Views 10 Likes 0 Quotes 2 Shares 5 Replies Most Relevant Most Recent Hong Walsingham oKRW #doge⚡
Terra Luna Classic Plans to Burn 1 Billion USTC & 275 Billion LUNC Terra Luna Classic validator HappyCattyCrypto has revealed plans for a significant burn of tokens from the Terra ecosystem, linked to Terraform Labs’ (TFL) Chapter 11 bankruptcy proceedings. Key Points: 1. Proposed Burn Amounts: - The Terra Luna Classic community aims to burn over 1 billion USTC and 275 billion LUNC tokens. - These tokens are expected to be burned from TFL wallets as part of court orders related to TFL’s Chapter 11 bankruptcy and settlement with the U.S. SEC. 2. Community Actions and Migration Requirements: - The community is encouraged to migrate Mirror Protocol and Anchor Protocol contracts to new governance code similar to Risk Harbor to maintain operational continuity. - All funds from Mirror Protocol and Anchor Protocol are tied to the Columbus-5 chain, which will cease interactions with TFL after October 31. 3. Challenges with TFL’s Involvement: - TFL will end its support for the Columbus-5 and Phoenix-1 chains after October 31, complicating future token burns or transfers. - Proposal 4818 indicates this will be the final chain upgrade by TFL, which will not back further updates post-October 31. 4. Specific Token Burns Expected: - Mirror Protocol is set to burn 480,404,166 LUNC and 46,556,271 USTC. - Anchor Protocol is expected to burn 729,976,293 USTC. 5. Price Impact and Market Response: - LUNC price has increased by 5%, trading between $0.00007543 and $0.00007906. - USTC has risen 10% over the past week, trading between $0.01532 and $0.01593, despite an 8% drop in trading volume. This planned burn aims to reduce the circulating supply, potentially enhancing the value and stability of Terra Classic ecosystem tokens. Follow for updates, analysis, trends and price action. Like, comment and Share. Thanks. Buy these and enjoy these. dyor. $LUNC #LuncReachOneDollar #LUNA🔥🔥🔥
Crypto Analyst Predicts Dogecoin Will Rise 3,600% To $3.7, When Crypto Trader predicts Dogecoin (DOGE) will reach $3.7. When this meteoric surge would occur was also revealed by the expert. When Dogecoin Will Reach $3.7 The graphic released in his research, revealed that Dogecoin would grow to $3.7 in 2025, maybe its market top. In his study, the crypto expert outlined why he believed the leading meme currency will balloon in price. Each cycle, Dogecoin develops inverse Head and Shoulders, according to Trader Tardigrade. He said that the mem coin is at the right shoulder in this cycle, indicating that the price rise following the corrective move is coming. This bullish trend helped Dogecoin reach its current all-time high (ATH) of $0.73, as seen in his chart. Other crypto analysts have projected Dogecoin may reach $3.7 in current bull run, including Trader Tardigrade. Crypto expert believed Dogecoin will reach $3.80 or higher. He said the top meme currency has always met or exceeded the 1.618 Macro FIB extension from bull market highs to bear market lows. Dogecoin would hit its ATH or close to it in December. He said his prognosis is based on typical ATH-crypto cycle times. Despite the joke coin's slow recovery, he advised Dogecoin holders to keep confident as the market remains favorable. Crypto researcher said Dogecoin might start the next leg higher. Meme coin price behavior was bullishly analyzed by the crypto expert. Martinez advised traders to look for a daily chart falling wedge since a prolonged closure above $.10 might lead to $0.15. Kevin recently noted this falling wedge pattern, suggesting that Dogecoin was oversold on higher time frames and ready for a breakthrough. He called Dogecoin's setup bullish. The current price of Dogecoin is $0.09, up over 2% in 24 hours, according to CoinMarketCap. #DOGE #Dogecoin #CPI_BTC_Watch #doge⚡
after the successful of dogs airdrop there is hype of cats airdrop ND it's pre market value on bitget is 0.03 t.me/catsgang_bot/ ?startapp=0uLV6qSOErR07lmxq68eO Meow, lets see who is OG 😼
Blum is the biggest airdrop after dogs it's pre market price is o.1 so hurry up it will be listed in September https://t.me/blum/app?startapp=ref_tWRlsEYPTe
As a #Dog tokens holder, i have a big question. Should i sell dogs tokens immediately after their launch or should wait and hold them for long run? What will be the estimated price?#DOGSCommunity
Bitcoin price recovered above the $60,000 resistance zone. BTC is now struggling to clear the $61,200 and $61,500 resistance levels. Bitcoin started a recovery wave above the $60,000 resistance zone. The price is trading above $60,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $59,500 on the hourly chart of the BTC/USD pair . The pair might attempt a fresh increase if it settles above the $61,500 resistance zone. Bitcoin Price Builds Momentum Bitcoin price started a decent upward move above the $58,500 resistance zone. BTC was able to clear the $59,500 and $60,000 resistance levels. There was a break above a connecting bearish trend line with resistance at $59,500 on the hourly chart of the BTC/USD pair. It even spiked above the $61,500 level. A high was formed at $61,555 and the price is now correcting gains. There was a move below the $61,200 and $61,000 levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $58,441 swing low to the $61,555 high. Bitcoin price is now trading above $60,000 and the 100 hourly Simple moving average. It is also well above the 50% Fib retracement level of the upward move from the $58,441 swing low to the $61,555 high. On the upside, the price could face resistance near the $61,200 level. The first key resistance is near the $61,500 level. A clear move above the $61,500 resistance might send the price further higher in the coming sessions. The next key resistance could be $62,500. The next major hurdle sits at $63,500. A close above the $63,500 resistance might spark more upsides. In the stated case, the price could rise and test the $65,000 resistance. Another Drop In BTC? If Bitcoin fails to rise above the $61,500 resistance zone, it could start another decline. Immediate support on the downside is near the $60,000 level and the 100 hourly Simple moving average. The first major support is $59,650. The next support is now near the $59,150 zone. Price Crosses $60K, #CryptoMarketMoves $BTC