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Coinbase Watch: Dogecoin's Path to Mainstream Adoption

Dogecoin [DOGE] has evolved into a significant contender within the market despite its humorous beginnings. The committed community, celebrity endorsements, and growing acceptance have bolstered DOGE’s position. At press time, the asset was trading at $0.1501 with a 0.61% daily surge. Coinbase Speculation Dogecoin ’s potential listing on Coinbase has been garnering steam. The conjecture gained traction following the detection of sizable transfers totaling nearly 557 million DOGE. This was valued at around $68.7 million. This was reported by Whale Alert. This has caught the eye of investors due to the the significance of these transfers. Wallets like “DFBx6” and “DCTpB” have remained dormant since June 2021. The sudden activity from the wallets coincides with Coinbase’s initial listing of DOGE during last year’s bullish market. 228,105,810 #DOGE (34,341,747 USD) transferred from unknown wallet to #Coinbasehttps://t.co/G8TGqtW5Ws — Whale Alert (@whale_alert) April 26, 202
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BNY Mellon: World’sWorld’s largest custodian bank reports exposure to BTC

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It has emerged that BNY Mellon, the largest custodian bank globally, is among the latest entities to gather exposure to Bitcoin (BTC) through a spot exchange-traded fund (ETF). In a Securities Exchange Commission (SEC) filing, the institution revealed its exposure to ETFs from BlackRock (NYSE: BLK), the world’s largest investment firm, and Grayscale. The bank’s foray into the Bitcoin ETF market potentially signifies the increasing interest in this product. Notably, the United States approved Bitcoin ETFs, with 11 products gaining the nod to start trading. This move partly contributed to Bitcoin’s resurgence, reaching an all-time high of over $73,000 in March. Picks for you ‘Epic Sat’: Bitcoin halving’s rare BTC unit sells for $2.1 million 11 mins ago Ripple dumps the remaining 100 million XRP of April’s sell-off 2 hours ago Bitcoin set for most aggressive price movement, targets $300k 2 hours ago Is a market turnaround near? Whale scoops up 4,380 BTC
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Top 3 AI Cryptocurrencies To Buy For Gains As Nvidia Report Drops In May

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As the artificial intelligence (AI) sector continues to gain momentum, cryptocurrency investors are eagerly seeking opportunities to capitalize on the potential gains. With Nvidia’s revenue report set to be released on May 22, and a series of other significant AI -related events on the horizon, the stage is set for a potential rally in AI -focused cryptocurrencies. In this article, we will explore the top three AI cryptocurrencies to consider for potential gains: Render (RNDR), Fetch.ai (FET), and Filecoin (FIL). Also read: Solana Hold Steady Above $155: Can SOL Hit New ATH In May? Render (RNDR)  Render, a decentralized GPU rendering platform, has been making waves in the AI cryptocurrency space. Despite experiencing an 8.32% decline in the past 24 hours, with a current trading price of $8.42, RNDR has shown significant potential for growth. The coin’s 24-hour low and high stand at $8.28 and $9.34, respectively. Although RNDR is currently trading 38.39% below its a
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CryptoPunk NFT Sells for More Than $12 Million

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In what is a massive sale for the project, CryptoPunk #635 has been sold for 4,000 ETH worth more than $12 million. Indeed, the uniquely generated non-fungible token has been yet another from the well-known NFT line to be sold for a remarkable sum. Earlier this year, the Cryptopunk project saw multiple NFTs sell for more than $16 million worth of Ethereum. Specifically, in March, two weeks separated the two sales of Punk #3100 and Punk #7084. Now, Punk #635 is the latest CryptoPunk NFT to go for the impressive sum. JUST IN: Crypto Punk #635 has been sold for 4,000 $ETH ($12,405,000). pic.twitter.com/aBTyEQ4MVE — Watcher.Guru (@WatcherGuru) April 25, 2024 Also Read: User pays $4.5M to purchase a CryptoPunk NFT CryptoPunk NFT Sells for 4,000 ETH Within the digital asset sector, NFTs have become a unique aspect of the industry. Although they have not seen the kind of surge in popularity of cryptocurrencies, they have still remained an important part of the sector to
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Negative Nirvana? Decoding The First Bitcoin Funding Rate Dip Of 2024

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The recent Bitcoin halving event, which cut the block reward for miners in half on April 20, 2024, has sparked a wave of optimism in the cryptocurrency market. While a brief dip in a key futures metric hinted at potential short-term bearishness, overall market indicators suggest a bullish trend taking hold. Related Reading: Solana Meme Coin Massacre: 12 Projects Gone In 30 Days, $27 Million Vanished Analysts at Kaiko, a market data provider specializing in crypto derivatives and futures, reported a shift in Bitcoin’s funding rate leading up to the halving. The funding rate is a fee paid between long and short position holders in futures contracts. A negative rate signifies that short positions are compensating long positions, potentially indicating a bearish outlook. Notably, Bitcoin’s funding rate dipped into negative territory for the first time this year on April 18th, just two days before the halving.
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SEC Asks Court To File Interlocutory Appeal Vs. Ripple, XRP Price Stable

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In a meticulously detailed letter to Judge Analisa Torres of the Southern District of New York, the US Securities and Exchange Commission (SEC) has delineated its grounds for seeking an interlocutory appeal against Ripple Labs Inc. This move, which has sent ripples (pun intended) through the XRP community, focuses on the intricate legalities surrounding Ripple’s sales and distributions of XRP. Ripple Vs. SEC: Interlocutory Appeal Incoming The SEC’s primary contention revolves around Ripple’s “programmatic” sales to XRP buyers over crypto asset trading platforms and Ripple’s “other distributions” in exchange for labor and services. The regulatory body asserts that these transactions should be classified as offers or sales of securities, drawing upon the precedent set by the Howey case. Related Reading: Pro-XRP Lawyer John Deaton Says He Is Willing To Bet That Ripple Will Win SEC Appeal The SEC’s letter states, “Specifically, the SEC seeks to certify the
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Floki Price Prediction: FLOKI Surges 15% As Dog Meme Coins Pump And Presale Dogeverse Rockets Past $10M

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The Floki price surged 15% in the last 24 hours to trade at $0.000199 as of 02:43 a.m. EST on trading volume that soared 195% to $503 million. This comes as dog-themed coins pump four days after International Dogecoin Day, with Dogecoin, Shiba Inu, and Dogwifhat gaining 4%, 3.6%, and 20%, respectively. Floki Price To Continue Its Surge Over The Falling Wedge FLOKIUSD Chart Analysis Source: Tradingview.com The Floki price rose massively in March, hitting a yearly high of $0.00032, as it drew closer to its all-time high (ATH) of $0.00033. From this point, the bulls have not been able to reclaim this high, with the price trending down within the falling wedge pattern. However, FLOKI has used the $0.00012 support zone to soar, with the bulls propelling the price over the upper boundary of the falling wedge. FLOKI is also trading well above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the asset’s upside potential in the long term. Moreover, the reading on th
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