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Crucial Decision Coming for Bitcoin, Says Crypto Trader Michaël van de Poppe – Here’s His Outlook

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A widely followed crypto strategist and trader says that it’s almost time for Bitcoin (BTC) to reveal its hand. Analyst Michaël van de Poppe tells his 718,100 followers on the social media platform X that Bitcoin is at a point where it either attacks a new all-time high or sees another big sell-off event. According to the trader, Bitcoin must hold its immediate support at $60,500 to have a shot at igniting a big burst to the upside. Otherwise, he predicts BTC heading close to $50,000. “Crucial decision is approaching for Bitcoin. The range low at $60,500-$61,000 is still holding up for Bitcoin, through which breaking $63,000 is the next barrier for a new run toward the all-time high. If $60,500 is lost, I think we’ll see $52,000-$55,000 as the next support zone.”  Source: Michaël van de Poppe/X At time of writing, Bitcoin is worth $61,514, down nearly 2% in the last 24 hours. The analyst is also keeping a close watch on the TOTAL2 chart, which traders use to

Roaring Kitty’s New Return: Meme Stocks and Crypto Coins Explode

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In the financial world, few stories are as captivating as that of Keith Gill , also known as Roaring Kitty . This former financial analyst turned stock influencer sparked the 2021 GameStop (GME) short squeeze, shaking Wall Street and capturing global attention. After a significant hiatus, Gill has recently returned to social media, reigniting interest in both traditional and crypto markets. Roaring Kitty is BACK! What does this mean for the markets? pic.twitter.com/z6ck7PxFmi — Coin Bureau (@coinbureau) May 14, 2024 Who is Roaring Kitty? Known under the alias “DeepFuckingValue,” Gill became a hero on platforms like Reddit and YouTube . He was a vocal advocate for GameStop, a company largely considered faltering at the time. Many institutional investors and hedge funds had shorted GME, expecting its value to decline. However, the narrative took a sharp turn when GME shares, initially valued at around $5.16, surged to exceed $490 in 2021. This price inflat

What is Notcoin, the rarely supported by both Binance and OKX?

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Author: Chain Teahouse Compiled by: Wublockchain Original link: https://mp.weixin.qq.com/s/OpmeLQ39zWJPOHeeVtxAHQ 1. Project Introduction Notcoin is a click-based game on Telegram, very popular and built on the TON blockchain, known for its simple gameplay and the promise of actual cryptocurrency rewards. In the game, players need to periodically click a token icon while capturing rockets to accelerate upgrades. The gameplay is not limited to single clicks but includes team cooperation, scoring leagues, energy management, and referral rewards. Furthermore, Notcoin also has an “earn” system where players can earn Notcoin by completing advertising tasks. Players can speed up the collection of coins through various boosts, such as full energy boosts and multi-click boosts. Since its launch on January 1, 2024, it has surged in popularity, with over 30 million participants and an average daily active user count of 5 million, making it the fifth-ranked channel on Telegram. 2. How It Works 1.

Tether Expands Commitment to Eastern European Markets with New Investment in CityPay.io

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On May 8, 2024, Tether Operations Limited, a leading entity in the digital asset sector, reinforced its operational footprint in Eastern Europe through an enhanced investment in CityPay.io, a prominent payment processor active in over 2000 locations within Georgia. This financial commitment follows a prior investment made in 2023, marking Tether as the first stablecoin company to fund the Georgian payment solutions enterprise. CityPay.io’s Expansion Plans and Tether’s Strategic Investments CityPay.io is renowned for providing a fluid payment process to both consumers and businesses, enabling the use of cryptocurrencies for transactions at various venues, including Radisson Hotels. The company has ambitious plans for the next two years, aiming to launch innovative e-wallet and card services that are expected to attract more than 400,000 users. Additionally, CityPay.io is set to establish over 500,000 new cryptocurrency payment points in its targeted expansion areas. Our initial colla

CEX Data Report for April: Spot trading volume decreased by 38%, while derivatives trading volume and website traffic decreased by over 20%

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Data compiled by the Wublockchain team shows: In April, the spot trading volume of major exchanges decreased by 37.9% month-on-month. The top three changes were Gate +13.7%, Bitget -11.1%, and HTX-14.5%. The bottom three were Kucoin-70.8%, Upbit-57.5%, and Bitfinex-47.7%. In April, the derivatives trading volume of major exchanges decreased by 1.4% month-on-month. Binance introduced a limited-time fee discount for USDC perpetual contracts (April 3 — July 3), leading to a surge of 72.2% in perpetual contract trading volume. Excluding this, the total trading volume decreased by 26.6% month-on-month. The top three changes were HTX-13.4%, Crypto.com-15.6%, and Bitget-16.1%. The bottom three were Mexc-50.7%, Kucoin-50.5%, and Deribit-38.1%. In April, website traffic of major exchanges decreased by 22% month-on-month. The top three changes were Bitget +11%, Gate+9%, and Bitmart-3%. The bottom three were Kucoin-39%, Coinbase-31%, and Upbit-31%. Note: The following data may be suspected of

XION Integrates with SAGA

XION integrates with SAGA. The integration merges XION’s Generalized Abstraction with SAGA’s unlimited horizontal scalability to enhance mainstream acceptance by facilitating seamless ecosystem composability. XION and SAGA have united to spearhead Chain Abstraction within SAGA’s chainlet ecosystem. SAGA, aiming to achieve limitless horizontal scalability, allows for the development of chainlets tailored to specific applications. Through the utilization of XION’s Generalized Abstraction, this collaboration will streamline user onboarding by employing familiar Web2 techniques, ensuring compatibility across various devices, promoting seamless interoperability within ecosystems, and encouraging application composability. XION Overview The XION platform has introduced Chain Abstraction integration with Injective and BNB Chain ecosystems to enhance Web3 accessibility. Generalized Abstraction simplifies cross-ecosystem complexities, serving major blockchain networks. It aims to promote mainst

8 New Binance Listings to Watch in 2024

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As the largest cryptocurrency exchange in terms of trading volume, Binance significantly influences the crypto market. When a coin gets listed on Binance, it often experiences a sharp increase in price, which can be amplified by favorable market conditions. With a potential bull run on the horizon, it’s more important than ever to keep an eye on the most promising new cryptocurrencies. This article highlights eight contenders that are likely to make their debut on Binance soon and explains why they deserve your attention. Project Name Short Description  BlastUP ($BLP) BlastUP facilitates the development and funding of dApps on Blast, providing a comprehensive toolkit for crypto startups. CYBRO ($CYBRO) CYBRO acts as a yield aggregator that maximizes earnings from crypto staking, making it an essential tool for investors seeking to enhance returns from their digital assets. Pikamoon ($PIKA)  A GameFi token that allows