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Trader Says Chainlink (LINK) Flashing Short-Term Bullish Signal As Crypto Market Tracks Sideways

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A popular crypto trader says the decentralized oracle network Chainlink (LINK) is flashing a short-term bullish signal. Ali Martinez tells his 59,300 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator recently presented a buy signal for LINK on the daily chart, which he says suggests “a potential one to four-day upswing.” Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their 13 previous bars or candles. Source: ali_charts/X LINK is trading at $13.81 at time of writing. The 18th-ranked crypto asset by market cap is up more than 4.5% in the past 24 hours but down nearly 21% in the past week. Martinez also updates his outlook on Bitcoin (BTC), suggesting that the top crypto asset still has room to tick upwards in the current bull market. “Each Bitcoin bull cycle goes through a euphoric phase, signaling a market top. BTC has yet to see that euphoria in the cu

BRICS To Announce Membership of New Countries in 2024

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The BRICS alliance will announce the memberships of new countries in the upcoming 2024 summit. The upcoming 16th summit is scheduled to take place in the Kazan region of Russia in October this year. The alliance is expected to send invitations to new developing countries that have expressed their interest to join the bloc. Also Read: BRICS Supports Cryptocurrency for Global Trade, Not US Dollar As of April 2024, around 35 countries have expressed their interest to join BRICS . While some have formally expressed their interest by submitting the applications, others have informally expressed to join the alliance. In 2024 alone, three new countries came forward and submitted their application to be a part of the BRICS grouping. Read here to know the names of the three new countries that are ready to join the bloc this year. Also Read: BRICS Calls For Middle East to Ditch US Dollar BRICS: New Membership For Countries To Be Announced in The Upcoming October 2024 Summit

JPMorgan Predicts Further Losses After Bitcoin Halving

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With the digital asset market anticipating the arrival of the critical event, JPMorgan Bank has predicted the industry to face further losses after Bitcoin halving. Indeed, the investment bank has stated that even this is “already priced in” to the market with it set to arrive this week. The bank has therefore warned of a further drop to face the digital asset, despite market-wide anticipation. Over the last 24 hours, the asset has remained steady, trading just under $6,300 according to CoinMarketCap. However, the last week has seen it lead to stark losses across the board for the market. Also Read: BRICS: JPMorgan Issues Major US Financial Warning JPMorgan Says Bitcoin Halving is “Already Priced In” One of the most important events for the digital asset market is the Bitcoin halving. Arriving every four years, it sees the circulating supply of BTC get cut in half. This, in turn, increases the value of the asset over time, creating a functionality that is exclusive to the

Dogecoin Price Prediction: DOGE Plunges 8% As The Blowout Dogeverse ICO Soars Towards $7M

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The Dogecoin price plunged 8% in the last 24 hours to trade at $0.144 as of 04:37 a.m. EST on trading volume that rose 1% to $2.1 billion. This comes as DOGE remains the best performer over the past month among the top meme coins by market capitalization. The DOGE price climbed 12% during that period, while Shiba Inu (SHIB) and Pepe (PEPE) plunged by 12% and 21%, respectively, and Dogwifhat (WIF) gained 4%. Dogecoin Price Gearing Up For A Trend Reversal DOGEUSD Chart Analysis Source: Tradingview.com On the 1-day chart, Dogecoin has been at a consolidation level in 2023, trading within the $0.05 and $0.10 ranges as the bulls struggled with the bears for dominance. However, at the end of February this year, the bulls seem to have won the struggle, driving the price to a yearly high of $0.22. The $0.22 mark acted as the immediate resistance, as the bulls have been unable to reclaim this mark, fluctuating within the boundaries of the bullish pennant. DOGE is trading below the 200-da

Top 5 Altcoins to Explode Before Bitcoin Halving – Best Cryptocurrencies to Buy Now

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The upcoming Bitcoin halving positions $BTC for a significant value surge, with altcoins likely to follow its upward trajectory. As the market anticipates this pivotal event, investor interest in both Bitcoin and altcoins is expected to intensify. Historical trends suggest that halvings tend to reduce the supply of new Bitcoins entering the market, creating upward pressure on prices due to the scarcity effect. This dynamic not only enhances Bitcoin’s appeal as a digital gold but also stimulates the broader crypto market. As Bitcoin ascends, altcoins often experience sympathetic rallies, driven by increased trading volumes and renewed investor enthusiasm. The list below includes top five altcoins to consider buying before the Bitcoin halving including Solana, XRP, Cardano, Avalanche, and 99Bitcoins, which is presently on presale. Details and opportunities presented by these projects are covered below. Solana (SOL) At the outset of 2023, Solana was trading at $8. Throughout the year

Interest in ‘Bitcoin halving’ on Google hits highest ever

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Interest in the upcoming Bitcoin (BTC) halving has hit an all-time high, according to Google Trends, signaling intense curiosity and speculation within the cryptocurrency community. On April 14, 2024, searches for “Bitcoin halving” reached a popularity score of 100, the highest level of interest ever recorded by Google in Bitcoin’s 11-year history. This peak reflects the community’s heightened anticipation of the next halving event, a significant milestone that is expected to drastically alter Bitcoin’s supply dynamics. Despite a 37% drop in search interest since reaching its peak, current levels remain exceptionally high, still exceeding the activity recorded in late March 2024. This ongoing interest highlights the sustained focus on the halving event among both the public and investors, who are keen to understand its potential impact on Bitcoin’s market and its broader financial implications. Picks for you Tether prints $1 billion 'unbacked' USDT 'out of

Core Price Prediction: CORE Skyrockets 56% As This Multi-Chain Dogecoin Presale Blasts Past $5 Million

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The Core price soared 56% in the past 24 hours to trade for $2.2857 as of 03:40 a.m. EST on trading volume that skyrocketed 256%. Core is a Bitcoin-powered, EVM-compatible blockchain that combines delegated Proof-of-Work (PoW) and delegated Proof-of-Stake (PoS). The surge comes as the Core Foundation is hosting a private event at the Token2049 in Dubai for Bitcoin-aligned projects coming together in real life to drive conversations about building on Bitcoin and scaling it. Core Foundation is hosting a private, invite-only event at @Token2049. BITCOIN SOCIAL is all about Bitcoin-aligned projects coming together in real life to drive conversations about building on Bitcoin and scaling it. Would your project like to join?👇https://t.co/JNGypXkucd — Core DAO 🔶 (@Coredao_Org) April 15, 2024 Core Price: Technical Analysis From a technical standpoint, the Core price is yet to show its hand, amid an ongoing tug-of-war between the bulls and bears. This is seen with the altcoin’s price

US Dollar Outshines the Chinese Yuan, Japanese Yen & Indian Rupee

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Leading Asian currencies that threatened to uproot the US dollar as the world’s reserve currency are bleeding in the charts. Local currencies are facing difficulties in the forex markets as the US dollar is strengthening in the indices this week. This month alone, the US dollar trampled the Chinese Yuan , Indian Rupee , and the Japanese Yen in the currency markets. Also Read: Iranian Drones Sink Asian Markets: Will US Stocks Crash Today? Source: MarketWatch The DXY index, which measures the performance of the US dollar shows the currency hovering around the 105.96 price level. It had touched a day’s high of 106.07 before briefly retracing in price on Monday’s opening bell. Local currencies like the rupee, yuan, and yen have fallen to new lows this month against the US dollar. Also Read: US Dollar Continues To Lose Purchasing Power Against Mexican Peso US Dollar Makes the Chinese Yuan, Indian Rupee & Japanese Yen Fall To New Lows Source: Freepik.com The Indian

Hong Kong greenlights Bitcoin and Ethereum spot ETFs

The approval of spot exchange-traded funds (ETFs) approval for Bitcoin (BTC) has long been considered a crucial step for its acceptance as a legitimate asset class.  After the U.S. Securities and Exchange Commission (SEC) finally gave the green light to the first such ETFs in January, the price of Bitcoin surged in anticipation. This excitement resulted in a brief rise above $49,000 – the highest level since December 2021 – as trading for these groundbreaking products began in the U.S.  However, it’s important to note that these U.S. ETFs restrict themselves to BTC, leaving Ethereum (ETH), the world’s second-largest cryptocurrency, on the sidelines. Picks for you Andrew Tate says this crypto blockchain ‘will be huge’ 23 mins ago Short squeeze alert: 2 cryptocurrencies with skyrocketing potential this week 15 hours ago Bitcoin aims lower after losing strong support; Key levels to watch 17 hours ago UFC 300 victorious fighter wants the $300,000 bonus in B

Fetch.ai Price Prediction for Today, April 13 – FET Technical Analysis

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The Fetch.ai price prediction shows that FET couldn’t fetch any significant growth above the moving averages. Cryptocurrency Intelligence: Fetch.ai Facing Downturn! In the ever-changing landscape of cryptocurrencies, Fetch.ai (FET) is at a crossroads. Once a shining star in March 2023, heralding the dawn of artificial intelligence, it now navigates uncertain waters, prompting speculation about its future trajectory. Fetch.ai Prediction Statistics Data: Fetch.ai price now – $2.16 Fetch.ai market cap – $1.6 billion Fetch.ai circulating supply – 845.9 million Fetch.ai total supply – 1.1 billion Fetch.ai Coinmarketcap ranking – #50 FET/USD Market Key Levels: Resistance levels: $3.60, $3.80, $4.00 Support levels: $0.85, $0.65, $0.45 FETUSD – Daily Chart FET/USD bulls could not push the price toward the channel’s upper boundary because of bearish pressure. The coin has been trading on the negative side as the sellers dominate the market. Fetch.ai Price Prediction: FET Price

3 Cryptocurrencies to Buy Before They Hit the Big Post Bitcoin Halving

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Bitcoin halving is dubbed one of the most widely anticipated events in cryptocurrency history. It is crucial to keep the supply of Bitcoin scarce while keeping its price elevation and rarity quotient in check.  Bitcoin-halving events are scheduled once every four years. These events are often marked by a disintegrated user approach.  As halving makes Bitcoin prices quite volatile, investors’ sentiment during this time may notice a radical shift, where traders may explore other coins to maximize returns and stabilize their gains. Here are our top three cryptocurrencies, whose prices may explode after the Bitcoin halving event.  Also Read: Cryptocurrency: 3 Coins to Buy in April for Bullish Returns  Top Three Crypto Tokens to Gain Momentum Post-Bitcoin Halving #1: XRP While XRP is lacking notable price action this bull season, several crypto analysts are still bullish on its future price trajectory. With Ripple busy forming new alliances with global financial leaders