Author: 12angryinvestor

Bitcoin Drop Hurts Cryptocurrencies | Maverick Protocol (MAV) Witnesses Substantial Decline Today’s market was dominated by sellers, resulting in a significant decline across various cryptocurrencies. The rejection of Bitcoin (BTC) from the $31,350 resistance level, causing it to fall to $30,400, naturally impacted numerous altcoins. Interestingly, during Bitcoin’s decline, the BTC dominance index saw a slight increase. While the rise in Bitcoin dominance wasn’t substantial today, the upward movement of BTC during its decline amplified the selling pressure within the industry. Altcoins Experience Significant Drops Today, several major altcoins encountered an average decline of around 5 percent. However, despite the…

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What is TRON Coin | Exploring TRON and its Potential Welcome to the world of TRON! In this comprehensive guide, we will take you through 12 steps to understand what TRON is and how its system works. Join us as we delve into the intricacies of TRX and explore its potential in the rapidly evolving blockchain landscape. Step 1 – Introducing TRON: The Decentralized Entertainment Ecosystem TRON is a blockchain-based platform that aims to revolutionize the entertainment industry. It seeks to create a decentralized ecosystem where content creators can directly interact with their audience, eliminating intermediaries and empowering individuals. Step…

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What is Solana (SOL)? Exploring Solana and its Potential Welcome to the world of Solana (SOL)! In this comprehensive guide, we will take you through 12 steps to understand what Solana is and how its system works. Join us as we delve into the intricacies of SOL and explore its potential in the rapidly evolving blockchain landscape. Step 1 – Introducing Solana: The High-Performance Blockchain Solana is a high-performance blockchain platform designed to provide fast, scalable, and secure decentralized applications (dApps) and decentralized finance (DeFi) solutions. It aims to address the scalability challenges faced by other blockchains, offering a high-speed…

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According to the news today 7500 BTC were transferred by whales. Let’s take a look to all details. BTC New Whales Signals: Anticipating Potential Drops in Bitcoin The cryptocurrency market has been witnessing dominant upward movements, attracting the attention of investors, even though it may not constitute a complete bull trend. Amidst this backdrop, the leading cryptocurrency Bitcoin (BTC) has been consolidating around the $30,000 mark for over a week without exhibiting any significant breakout, whether upwards or downwards. BTC New Whales Signals: On-Chain Analyst Reports 7,500 BTC Transfers In a notable development, Anl Cnc, a reputable on-chain analyst, has…

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Ethereum Makes Weekly Closing: Ethereum Witnesses 8% Loss Amidst Bitcoin’s Decline and Rising BTC Dominance Ethereum (ETH), the leading altcoin in the cryptocurrency industry, has experienced an 8% decline this week, primarily influenced by the fall of the leading cryptocurrency Bitcoin (BTC) and the increasing dominance of BTC. Ethereum Makes Weekly Closing: ETH Shows Resilience Above Critical Support Level Despite Sharp Declines Despite the sharp declines, it is worth noting that Ethereum (ETH) is currently holding above the critical support level of $1,700 – $1,750, demonstrating resilience in the face of market challenges. Anticipating Ethereum’s Performance in Light of Upcoming…

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This Altcoin Has Been Hacked: Sturdy Finance Loses $800,000 in ETH Sturdy Finance, a prominent altcoin project in the decentralized lending space, has recently experienced a significant security breach, leading to the loss of approximately $800,000 worth of Ether (ETH). The attack was executed by an unknown individual who exploited a vulnerability associated with a manipulated price oracle within the protocol. This Altcoin Has Been Hacked: Understanding the Exploited Vulnerability and its Impact Price oracles play a crucial role in decentralized finance (DeFi) protocols by providing real-world price data. Unfortunately, they also present an attractive target for attackers seeking to…

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Bitcoin Shows Signs of Recovery: Challenging Week for Bitcoin (BTC) Amidst Regulatory Concerns Bitcoin (BTC), the leading cryptocurrency, endured a challenging week due to significant drops triggered by regulatory actions against major exchanges such as Binance and Coinbase by the US Securities and Exchange Commission (SEC). However, as the weekly close approaches, Bitcoin has displayed signs of recovery. BTC Makes Upward Moves, Influencing Altcoins Bitcoin’s recent 1% increase in value has sparked movement in the altcoin market. While the rise may not be substantial, the upward moves leading up to the weekly close hold significant importance for Bitcoin and the…

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The Best 4 Chinese Coins: Overview of Chinese Coins Chinese coins have become a significant topic of discussion within the cryptocurrency community. Analyst Camille Lemmens from Altcoin Buzz has identified four Chinese coins that he believes possess strong potential. Let’s delve into the analyst’s insights and explore these cryptocurrencies in more detail. Dodo – Combining DeFi and Centralized Exchange Features The first Chinese coin on the list is Dodo, which operates as a decentralized exchange (DEX) utilizing a proactive market maker model (PMM). Dodo emulates the behavior of real traders and market makers, employing price oracles such as Chainlink Price…

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VRA Coin Can Rise: Metaverse Products Regaining Popularity Lately, there has been a resurgence in the popularity of metaverse products. The upcoming launch of Apple’s AR/VR glasses on June 5 has sparked increased interest in metaverse altcoins. With the growing interest in metaverse altcoins, numerous cryptocurrency investors are exploring the potential for significant future gains. However, the wide array of metaverse products in the market has made decision-making more challenging for investors. Verasity (VRA) Awaiting a Potential Rebound Verasity (VRA), which previously caught the attention of many crypto investors due to its notable price surges, has recently faced substantial declines.…

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4 Top Altcoins to Watch: Altcoins Eyeing Breakouts Amid Stock Market Rallies The recent agreement on the debt ceiling and positive May nonfarm payrolls data led to strong rallies in the US stock markets. The S&P 500 and Nasdaq both experienced significant gains, with the Nasdaq marking its sixth consecutive week of earnings. Additionally, the expectation of the Federal Reserve maintaining its pause mode has acted as a catalyst for the market rally. With these market dynamics in play, let’s take a closer look at the altcoins that are poised for potential bullish movements this week. Cardano (ADA) Positioned for…

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