Author: Sollcrypto
The Dogecoin community has been put on high alert after a scam warning was issued by Dogecoin developer Inevitable360. A fraudulent scheme, disguised as a fake Dogecoin airdrop, is attempting to deceive unsuspecting users.Inevitable360 took to social media to warn the Dogecoin community about a specific X account, “Doge2014token,” which is promoting fake Dogecoin giveaways. In a tweet, Inevitable360 stated: “Warning to all shibes, this account ‘Doge2014token’ is scamming shibes. There isn’t and there will never be any Dogecoin airdrop. Please report.”🚨Scam Alert 🚨 warning to all shibes, this account @Doge2014token is scamming shibes. There isn’t and there will never…
“It would make sense because they likely filled the wick, stopping short positions and trapping breakout traders. Then, the drop would trigger delta liquidations through a long squeeze down to support.” Currently, attention is centered on the $63,300 and $62,500 levels, as a break below these could lead to a wave of liquidations. According to Coinglass data, there are around $400 million in bull positions within these price ranges, poised for liquidation. On the other hand, the $65,400 resistance level is a barrier for bulls, defining the short-term area that needs to be broken to sustain the bullish trend. Here,…
This weekend was marked by the arrest of Telegram and Toncoin (TON) founder Pavel Durov in France, while the Ethereum Foundation’s $94 million sale took the spotlight. Ethereum Foundation (EF) Executive Director Aya Miyaguchi clarified that the $94 million transfer of 35,000 ETH was not a full sale but part of routine treasury management to fund the foundation’s annual budget. As discussions continue around the Ethereum Foundation’s recent $94 million transfer, blockchain platform Arkham Intelligence analyzed past ETH sales. Arkham highlighted that after significant ETH sales in 2020 and 2021, the price of ETH surged by over 500%. Specifically, Arkham…
Solana (SOL) has been a prominent focus in the cryptocurrency market, with recent developments showcasing both promising price movements and concerns over declining network activity. As the fifth-largest cryptocurrency by market capitalization, the future of Solana’s price trajectory and network health is of significant interest to investors and market watchers. This article examines the current state of Solana, assessing its potential for a price surge alongside the worrying decline in network usage.**Solana Price Surge Potential: Key Resistance Levels**Solana’s price has been trending upward, closely following Bitcoin’s recovery. Over the past week, SOL has seen a 7% increase, driven by positive…
The Chang hard fork is a crucial upgrade for Cardano, marking a significant milestone toward the network’s goal of complete decentralization and community-driven governance. This upgrade ushers in the Voltaire era, a phase that will enable ADA holders to actively participate in decision-making processes that shape the network’s future.Central to the Chang hard fork is the introduction of on-chain governance mechanisms. These mechanisms empower ADA holders to vote on proposals, elect Delegate Representatives (DReps), and influence protocol changes. This transition from a governance model dominated by Input Output Global (IOG) to a decentralized system where the community holds power is…
Mining real Bitcoin has become increasingly inaccessible for the average person, with the industry now dominated by large companies operating warehouses filled with powerful computers. However, there’s a popular iOS and Android game that makes mining a fun activity—and it even rewards you with small amounts of real Bitcoin for simply tapping your phone screen.**Bitcoin Miner** is a straightforward game that simulates the mining of various popular cryptocurrencies, including Bitcoin (BTC), Ethereum, Dogecoin, and Solana. While you play, you accumulate real satoshis—the smallest unit of Bitcoin—which you can withdraw to your wallet and spend as you like. Yes, it’s real…
Bitcoin is currently exhibiting strong bullish momentum as its price surpasses significant short-term resistance levels. This upward movement has triggered a considerable short squeeze, leading to the liquidation of numerous short positions and propelling the price even higher.Crypto World analyst Josh highlights a notable decline in the U.S. Dollar Index (DXY) on Bitcoin’s daily chart. A falling DXY is typically positive for Bitcoin and the broader cryptocurrency market since these assets often appreciate when the dollar weakens. Josh emphasizes that this bearish trend in the DXY has served as a robust bullish signal for Bitcoin, a sentiment validated by recent…
Recent data reveals that Dogecoin continues to lead the meme coin market, particularly in social media engagement, where it remains ahead of all other meme cryptocurrencies. Shiba Inu (SHIB) has reclaimed second place in this metric, as highlighted by Shiba Inu’s marketing lead, Lucie, who shared a diagram illustrating SHIB’s position.Despite SHIB’s renewed second-place standing, its burn rate has decreased significantly. The Shibburn tracker reported a 24-hour burn rate reduction of 83.19%, with 4,800,831 SHIB tokens destroyed. Recent large transfers, including two significant transactions of 1,474,062 and 1,023,604 SHIB, have contributed to this decline. Following a recent hard fork on…
Ethereum experienced an $11.15 million liquidation after a sharp price increase from $2,632.83 to $2,796.79. The trader, who had shorted ETH expecting a decline, faced significant losses as the price surged by 6.23%.Currently, Ethereum is consolidating around the $2.8K resistance level, which has been a key point of contention. This consolidation suggests that the market may be nearing the end of its current pullback. However, if Ethereum fails to overcome this resistance, it could face a decline towards the $2.1K support level.The technical outlook is also bearish, with a “death cross” forming as the 100-day moving average approaches a crossover…
Many in the crypto community regret not being early adopters, like the whales who acquired millions in Bitcoin (BTC) or Ethereum (ETH) years or even over a decade ago.The crypto market has evolved so drastically that the infamous Bitcoin pizza, purchased in 2010, would now be worth nearly $600 million.Given these dramatic shifts—and with hopes that the 2024 bull market will pick up after the current lull—Finbold decided to explore the gains from a notable Bitcoin investment made 11 years ago.In 2013, a Reddit user named vz88fjj shared that they had invested their entire life savings—around $50,000—into Bitcoin. How much…