Crypto Bear Market Claims Dogecoin; Skyren DAO Offers Stability Through Yield Farming.
The crypto market is experiencing another turbulent period, with Dogecoin among the hardest-hit tokens in the latest bear market downturn. While the popular meme coin has seen tremendous highs fueled by social media hype, recent price movements suggest a struggle to maintain momentum. Meanwhile, Skyren DAO emerges as a beacon of stability, offering investors a strategic alternative through its yield farming and airdrop collection mechanisms. As uncertainty grips the market, Skyren’s structured approach provides an opportunity for those seeking consistent returns amid volatility.
The White House Official X account promotes Bitcoin!
A surprising post about Bitcoin was shared on the White House's official X account on a Saturday night. The post declared, “America as the world’s Bitcoin superpower,” echoing a slogan from the Trump administration, “America’s golden age has begun.”
It included a photo of former President Donald Trump signing the Bitcoin Strategic Reserve Executive Order alongside David Sacks, the US cryptocurrency and artificial intelligence chief. https://twitter.com/MCrypto026/status/1898566123953475771
This unexpected post did not sit well with economist Peter Schiff, who is known for his negative views on Bitcoin and cryptocurrencies. Schiff expressed his anger by questioning who was responsible for the post and who controlled the White House's X account.
He also wondered if Trump was aware of the post and criticized it, saying, “What a disgrace that the office of the presidency is being used for the benefit of a few speculators and to the detriment of the country.”
Despite the US administration's recent actions regarding Bitcoin and cryptocurrencies, the price of Bitcoin remains at around $85,890.
#USCryptoReserve Macy’s, Inc. Reports Q4: EPS Beats Guidance, Net Sales Decline
Macy’s, Inc. (NYSE: M) reported its financial results for the fourth quarter of fiscal year 2024, showcasing mixed outcomes. The company achieved a GAAP diluted earnings per share (EPS) of $1.21, while its adjusted EPS stood at $1.80, surpassing its prior guidance range.
However, net sales for the quarter fell by 4.3% to $7.8 billion, with comparable sales down 1.1% on an owned basis but up slightly by 0.2% when including licensed and marketplace sales. This nuanced performance reflects the varied success across different segments of Macy’s operations. The company’s First 50 locations reported a 0.8% increase in comparable sales on an owned basis, and a 1.2% rise when including licensed sales.
Bloomingdale’s and Bluemercury outperformed, with Bloomingdale’s recording a 4.8% growth in owned comparable sales and 6.5% when including licensed and marketplace sales. Bluemercury continued its growth trajectory with a 6.2% increase in comparable sales. Despite these successes, the overall sales decline was primarily due to underperformance in non-First 50 and non-go-forward locations. Macy’s ended the year with $1.3 billion in cash, up $272 million from the previous year, and generated nearly $1.3 billion in operating cash flow. The company also announced plans to resume share buybacks, contingent on market conditions, under its remaining $1.4 billion share repurchase authorization. #WHEN
Ripple Labs has been actively enhancing the XRP Ledger with several technical updates to improve its functionality and expand its use cases. Expansion of Programmability and Smart Contract Capabilities – Ripple is committed to introducing advanced programmability, including native smart contract capabilities, to the XRPL. The introduction of an Ethereum Virtual Machine (EVM) sidechain is also in progress, enabling compatibility with Ethereum-based applications and tools. Such upcoming developments did not go unseen by the community and project builders, with the recent introduction of native stable coin RLUSD – the ecosystem is bound to explode!
XRP Whale Distribution Reaches -180 Million XRP, Price at Risk.
XRP faces strong selling pressure with negative whale flow at -180 million XRP, signaling continued distribution and potential price decline. #MarketSentimentToday
Shiba Inu Price Prediction Vs. FloppyPepe's Growth Potential In The 2025 Bull Run
Shiba Inu Price Prediction Vs. FloppyPepe's Growth Potential In The 2025 Bull Run Market Musing-g Shiba Inu Price Prediction Vs. FloppyPepe's Growth Potential In The 2025 Bull Run Shiba SHIBA Matt Furie FURIE Matt Furie MATT Read READ Shiba Inu SHIB Coincu By Coincu 5 minutes ago • 5 mins read Shiba Inu Price Prediction Vs. FloppyPepe's Growth Potential In The 2025 Bull Run Shiba Inu Price Prediction Vs. FloppyPepe's Growth Potential In The 2025 Bull Run As the Shiba Inu price is predicted to rise, changing its trajectory, FloppyPepe (FPPE), with its integration of advanced artificial intelligence, is generating a buzz in the crypto market. Experts imply that the AI meme coin shows strong growth potential in the 2025 bull run. FloppyPepe (FPPE): Leading The Cryptocurrency Market With advanced AI
FloppyPepe (FPPE) is redefining the meme coin sector by blending leading-edge artificial intelligence technology and meme culture. Built on the legacy of the legendary Matt Furie character Pepe the Frog, the AI meme coin has positioned itself to succeed in the coming bull run with its next-level features, as opposed to the recent market performance by the Shiba Inu price. #OnChainInsigths
Mr. President TRUMP can win so I'm very excited this coin are bullish show but I'm wrong they are crashed my all balance are down to earth 😞 please suggestion me
Top 3 Artificial Intelligence (AI) Coins of the Third Week of October 2024.
Artificial intelligence (AI) tokens are making waves, with Humans.ai (HEART), VIRTUAL Protocol, and DIA emerging as the top gainers among Al coins in the third week of October. HEART has surged 88%, while VIRTUAL and DIA are up 76% and 21.67%, respectively.
Each project offers unique contributions to Al and blockchain technology, fueling investor interest. However, chart indicators suggest caution, with key resistance levels and overbought conditions potentially impacting future movements.
𝙃𝙪𝙢𝙖𝙣 𝘼𝙄 (𝙃𝙀𝘼𝙍𝙏) Humans.ai (HEART) has surged 88% in the past week, positioning itself as the biggest gainer among Al-related coins with a market cap of at least $100 million. The project is building a comprehensive platform for large-scale Al creation and governance.
Chart analysis suggests that HEART could continue its upward trend, as indicated by its EMA (Exponential Moving Average) lines forming a bullish pattern. The next key resistance levels are at $0.026 and $0.031, and breaking through these could see HEART rise further to $0.040, representing a potential doubling in price. (second coin in other tweet ) #AI #AltcoinInvesting
As expected and predicted for this current Q4 2024 BTC is creating a bullish flag pattern.
It is not very close to break through in the uptrend.
BTC is also in ascending channel and it looks like it will keep on climbing up during the next 6 months as per the chart shows. I placed the bars patter from the flagpole and pasted it where is currently braking, giving an idea of the direction that it could most likely take.
Both of the arrows also have the exact size what shows the top.
The Fib shows where BTC could potentially reverse a bit to take energy. This is near the 78k and 90k.