Bitcoin

Bitcoin rises; Dogecoin Rallies; Rebel Satoshi Arcade aims high

Published

8 months ago

9 June, 2024

Bitcoin ETF inflows compensate April’s outflows; Rebel Satoshi presale peaks

Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only.

Crypto market rises, Bitcoin approaches $71K, Dogecoin prepares. Rebel Satoshi Arcade challenges top meme projects by mixing memes, NFTs and GameFi.

TLDR

Bitcoin lit up the charts, aiming to reach a new peak.
Dogecoin is estimated to hit $1 during the peak of this bull run.
Rebel Satoshi Arcade’s new global focus on decentralization and individual empowerment makes it a top contender.

The crypto market has gained momentum, with prices flying and the landscape buzzing with excitement. Bitcoin (BTC), the poster child of the sector, reached $71,000 earlier this week – some way off its all-time high. At the same time, Dogecoin (DOGE) is gaining momentum, preparing for its next run.

Also at the center of the current market turmoil is Satoshi Rebel Arcade (RECQ), one of the most promising presale tokens. Its convergence of memes, NFTs and GameFi – the biggest crypto trends – will see it compete with the top memes, making it a new DeFi project to watch.

Arcade Rebel Satoshi: challenging the main memes

Rebel Satoshi Arcade is a new player aiming to shake up the meme ecosystem. Its memetic appeal as a beacon for rebels – those who dared to challenge norms – suggests mass adoption. Its global reorientation towards decentralization and empowerment will see it challenge the dominance of mainstream memes, making it a bull not to be missed.

At the same time, it will be more than just a meme; will have tangible applications. It will be used to access arcade games, purchase merchandise and rare NFTs on the platform, pay fees and also reward the community – a memecoin with potential.

Its current price is a good entry point as it moves towards adoption. In the second phase of the ICO, a token is competitively priced at $0.0044 – grossly undervalued, without a doubt. Meanwhile, analysts predict a 5,000% gain for early holders after its launch, suggesting it could become one of the top altcoins worth considering for investment.

Bitcoin on the move

Bitcoin has sparked excitement this week following its remarkable run. It has surpassed $71,000, which is very close to its all-time high (ATH) above $73,000. Analysts anticipate a new peak in the coming days, putting it in the spotlight – not as if it ever stopped being the center of attention.

Macroeconomic data, namely interest rate cuts in Europe and Canada, have fueled its increase, with the US following. Additionally, significant net inflows into spot BTC ETFs have driven the price higher. With ETH ETFs set to join Bitcoin on Wall Street, it’s about to start raining crypto on traditional investors.

The next few days promise to be exciting – current market conditions point to a parabolic run. As expected, investors have been strategizing to make the most of the wave.

Dogecoin: gaining momentum

Dogecoin (DOGE) has joined the list of trending memecoins following its attention-grabbing performance. The entire meme ecosystem was booming, summed up by Pepe ATH. However, there has been a slight decline as investors take profits, as expected.

However, indicators suggest a recovery. Investors should be prepared and remain alert for its next surge, which could potentially be one of the most significant in recent history. This could see it finally surpass Solana memecoins and ETH memecoins, cementing its status as the top meme.

Meanwhile, top analysts predict a recovery above $1.00 during the peak of this bull run, making Dogecoin one of the best coins to invest in. Furthermore, institutional appetite, as well as retail demand, has been gaining strength, painting an optimistic picture.

Conclusion

Bitcoin lit up the chart this week, racing toward new price discovery while Dogecoin gains momentum for its next bounce. At the same time, Satoshi Rebel Arcadea new altcoin from GameFi, seeks to reshape the meme space, presenting itself as a promising candidate for support.

For the latest information, visit the official website Satoshi Rebel Website or join the community at Telegram.

Disclosure: This content is provided by third parties. crypto.news does not endorse any products mentioned on this page. Users should do their own research before taking any action related to the company.

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Bitcoin

What to watch for in the markets

Published

6 months ago

21 July, 2024

SatoshiTimes Staff

Photo: Andrew Harnik (Getty Images)

After witnessing one of the largest global IT outages on record, affecting the travel, finance and healthcare sectors worldwideThis week is set to see more political drama, events, and earnings reports from tech giants.

Donald Trump’s ‘Lovefest’ Sets Jamie Dimon Up for Consideration for Treasury Secretary Job

Let’s take a look at what awaits us:

Major companies will release their earnings reports

Major tech companies and others will release their earnings reports this week, paving the way for what the second half of 2024 will look like.

Monday

Verizon will report earnings before the start of operations.

Tuesday

Coca-Cola, Comcast and UPS are all set to report earnings before the market opens.
Tesla will report earnings in the morning, while General Motors will report earnings in the evening.
Alphabet and Visa will report results after the market closes.

Wednesday

AT&T will release its report before the market opens.
Ford and Chipotle will report earnings after the market closes.

Thursday

Earnings reports from AstraZeneca, American Airlines and Southwest Airlines will be released before the market opens.

Trump to speak at Bitcoin conference

Presumptive Republican presidential nominee Donald Trump will speak at the next Bitcoin Conference in Nashville, Tennesseewhich is scheduled for July 25-27. While this is the first time a presidential candidate will attend the conference, it has sparked a debate over whether the crypto-friendly Trump will receive support from the crypto community in the upcoming election.

In addition to Trump, independent presidential candidate Robert F. Kennedy Jr. will also discuss crypto during the conference. Crypto advocates such as ARK Investment’s Cathie Wood, MicroStrategy’s Michael Saylor, and whistleblower Edward Snowden are among some prominent names who will be participating in the conference.

Ether ETFs are on the way

New Ether Spot ETFs are set to begin trading on Tuesday, July 23. Much like the spot Bitcoin ETFs, these ETFs will allow investors to buy the second most popular cryptocurrency like stocks. BlackRock, Ark Invest/21Shares, VanEck, Grayscale, Fidelity, Bitwise, Franklin Templeton, and Invesco/Galaxy Digital are all set to offer Ether ETFs. Crypto asset manager Bitwise predict that trading in the Ether ETF will drive the price of Ether higher, potentially surpassing $5,000.

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Bitcoin

Cryptocurrency’s Biggest Winners and Losers in a Second Trump Presidency

Published

6 months ago

21 July, 2024

SatoshiTimes Staff

Cryptocurrency’s Biggest Winners and Losers in a Second Trump Presidency

Bitcoin miners and cryptocurrency companies that have been blocked from going public in the U.S. could ultimately be the biggest winners in the digital asset world under a second Donald Trump presidency. Foreign companies at risk of losing market share could end up being the biggest losers.

That’s the view that’s taking hold among market participants and observers in the wake of the former president’s growing embrace of cryptocurrency as his chances of election grow. survey released Thursday by CBS News showed Trump with the majority — 52 percent — of likely voters in his likely November rematch with President Joe Biden.

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Bitcoin

Bitcoin, Ethereum, Solana and Cryptocurrency Markets Look Ready to ‘Send’ as Stars Align, According to Investor Chris Burniske

Published

6 months ago

21 July, 2024

SatoshiTimes Staff

Bitcoin, Ethereum, Solana and Cryptocurrency Markets Look Ready to ‘Send’ as Stars Align, According to Investor Chris Burniske

Cryptocurrency investor Chris Burniske says Bitcoin (BTC), Ethereum (ETH), Solana (SUN) and the cryptocurrency market in general seem poised for a run.

Former Head of Cryptocurrency at ARK Invest account his 292,200 followers on social media platform X that several catalysts are aligning, suggesting that digital asset markets are on the verge of a bull run.

According to Burniske, a partner at venture capital firm Placeholder, the highly anticipated launch of Ethereum-based exchange-traded funds (ETFs), Republican presidential candidate Donald Trump speaking at an upcoming Bitcoin event, and the current state of the BTC, ETH, and SOL charts all suggest significant optimism for the cryptocurrency markets.

“With ETH ETFs set to go live, Trump speaking at The Bitcoin Conference, and BTC, ETH, and SOL charts looking [they do] (while stocks are weak), it’s hard to imagine a world where we don’t ship next week.”

Reuters recently reported that preliminary approval for ETH ETFs has been granted as the Bitcoin Conference is scheduled to take place from July 25-27.

BTC, ETH, and SOL are trading at $67,333, $3,528, and $174 at the time of writing, respectively.

The venture capitalist too provides an update on his prediction that the total crypto market cap will eventually hit $10 trillion. According to his chart, the path to $10 trillion is currently “23%” complete, as it sits around $2.2 trillion.

Source: Chris BurniskeX

Earlier this month, Burniske he said in an interview with Real Vision CEO Raoul Paul that he has his eye on the Move ecosystem, which was originally built by social media giant Meta and then used to develop layer 1 blockchains Sui (IUE) and Apts (APT).

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Bitcoin

Here’s the next target for BTC before bulls can hold out for $70K

Published

6 months ago

21 July, 2024

SatoshiTimes Staff

Here’s the next target for BTC before bulls can hold out for $70K

Bitcoin’s recovery is going well, and the market is seemingly poised to create a new all-time high in the near term.

Technical analysis

Per NegotiationRage

The daily chart

As the daily chart shows, the price of Bitcoin has been rising since it broke above the 200-day moving average.

The market has also reclaimed the $60K and $65K levels and is moving towards the $68K resistance zone, which could be the last hurdle before creating a new all-time high. With the RSI also indicating that the price has clear bullish momentum, it could be just a matter of time.

Source: TradingView

The 4-hour chart

Looking at the 4-hour chart, it is evident that the price has been rising rapidly since breaking the downtrend line to the upside. The market also broke the $65K resistance level with momentum, turning it into a support.

While almost everything points to a new record high in the coming weeks, there is one worrying sign. The RSI is showing a clear bearish divergence between recent price highs, which could indicate a correction or even a reversal in the near term.

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