Pump.fun Favorites Michi and Mini Recover After Exploit—But These Tokens Are Still Stuck
Crypto News Australia
by Crypto News Bot
3h ago
We do the research, you get the alpha! Go to Alpha Reports A purported former Pump.fun employee drained an estimated $2 million worth of Solana from the protocol yesterday. This resulted in wallet provider Phantom blocking the site, a number of tokens getting stuck in bonding curve contracts, and trading being paused. Less than 24 hours later, it appears Pump.fun’s largest tokens have quickly recovered while the tokens affected by the attack are still stuck in limbo. Pump.fun is a protocol that allows users to create a Solana meme coin in minutes for only 0.02 SOL ($3). This has resulted in th ..read more
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Chainlink Pumps 18% as It Launches Wall Street Pilot with JP Morgan, BNY Mellon, DTCC
Crypto News Australia
by Crypto News Bot
5h ago
We do the research, you get the alpha! Go to Alpha Reports Chainlink’s LINK token has soared as much as 18.8% after DTCC, the biggest settlement and clearinghouse in the U.S., announced it had just concluded a tokenization pilot with Wall Street giants like JP Morgan and BNY Mellon, leveraging Chainlink’s CCIP. Chainlink is a decentralized oracle protocol, meaning that it’s a network that provides data to and across multiple blockchains networks. It was started in 2017 to solve the interoperabilty problem that many crypto investors complained about as they tried to transact on multiple differe ..read more
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Crypto Trader Says Bitcoin Is out of the Post-Halving ‘Danger Zone’ – Here’s His Outlook
Crypto News Australia
by Crypto News Bot
7h ago
A cryptocurrency analyst and trader believes Bitcoin (BTC) is no longer at risk of a further market correction. The analyst pseudonymously known as Rekt Capital tells his 76,900 YouTube subscribers that based on historic precedence Bitcoin has left the phase, or “danger zone,” when there is a likelihood of a dip below its range low after the halving event when miners’ rewards are cut in half. “Essentially speaking, the danger zone, the post-halving danger zone, which is a three-week window where Bitcoin can produce downside volatility below its current reaccumulation range low, that danger zo ..read more
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‘Rocket Fuel for Bitcoin’: Analyst Jamie Coutts Says This Catalyst Could Propel BTC to $150,000 This Cycle
Crypto News Australia
by Crypto News Bot
9h ago
Real Vision analyst Jamie Coutts is saying that the performance of the US dollar against other major currencies will impact the price of Bitcoin (BTC). Coutts tells his 16,300 followers on the social media platform X that the US Dollar Index (DXY), a measure of the US dollar’s value compared to a basket of six dominant global currencies, is currently trading in a range. According to Coutts, Bitcoin could rally if the DXY falls by around three percent from the current level. “A break below 101 would be rocket fuel for Bitcoin.” Source: Jamie Coutts/X The DXY is trading at 104.52 at time of wri ..read more
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Analyst Who Sold All His Bitcoin Says He Hasn’t Lost Faith In BTC, Makes Bold Bet On Altcoins
Crypto News Australia
by Aaron Feuerstein
9h ago
Michaël van de Poppe sold his Bitcoin holdings mid-bull run for altcoins, a move driven by a strategic belief in the broader crypto ecosystem’s potential. He plans to buy back more Bitcoin with the profits from his altcoin investments, viewing current market shifts as temporary. Van de Poppe’s decision reflects his readiness to embrace high risks for substantial returns, fuelled by his deep market knowledge and past trading experiences. Imagine being in the crypto market for years, slowly but steadily building up a sizeable amount of Bitcoin and then, in the middle of a bull-run just sell ..read more
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Pump.fun Favorites Michi and Mini Recover After Exploit—But These Tokens Are Still Stuck
Crypto News Australia
by Crypto News Bot
15h ago
We do the research, you get the alpha! Go to Alpha Reports A purported former Pump.fun employee drained an estimated $2 million worth of Solana from the protocol yesterday. This resulted in wallet provider Phantom blocking the site, a number of tokens getting stuck in bonding curve contracts, and trading being paused. Less than 24 hours later, it appears Pump.fun’s largest tokens have quickly recovered while the tokens affected by the attack are still stuck in limbo. Pump.fun is a protocol that allows users to create a Solana meme coin in minutes for only 0.02 SOL ($3). This has resulted in th ..read more
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‘It’s Over for Memecoins’: Trader Who Nailed 2022 Crypto Bottom Turns Bearish on dogwifhat and Pepe – Here’s Why
Crypto News Australia
by Crypto News Bot
17h ago
A trader known for making accurate crypto calls is suddenly turning bearish on memecoins. Pseudonymous analyst DonAlt tells his 550,400 followers on the social media platform X that memecoin projects could suddenly collapse. “I’m personally convinced it’s over for memes, rest of the market might get out of this ok but I’m expecting memes to giga rug (gigantic rug pull). Good luck if your portfolio is in the 10th iteration of a dog or a cat.” Zeroing in on specific memecoins, the analyst warns that Pepe (PEPE) could plummet to a range low if it fails to hold as support the $0.00000998 level on ..read more
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Chainlink Pumps 18% as It Launches Wall Street Pilot with JP Morgan, BNY Mellon, DTCC
Crypto News Australia
by Crypto News Bot
18h ago
We do the research, you get the alpha! Go to Alpha Reports Chainlink’s LINK token has soared as much as 18.8% after DTCC, the biggest settlement and clearinghouse in the U.S., announced it had just concluded a tokenization pilot with Wall Street giants like JP Morgan and BNY Mellon, leveraging Chainlink’s CCIP. Chainlink is a decentralized oracle protocol, meaning that it’s a network that provides data to and across multiple blockchains networks. It was started in 2017 to solve the interoperabilty problem that many crypto investors complained about as they tried to transact on multiple differe ..read more
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Crypto Trader Says Bitcoin Is out of the Post-Halving ‘Danger Zone’ – Here’s His Outlook
Crypto News Australia
by Crypto News Bot
19h ago
A cryptocurrency analyst and trader believes Bitcoin (BTC) is no longer at risk of a further market correction. The analyst pseudonymously known as Rekt Capital tells his 76,900 YouTube subscribers that based on historic precedence Bitcoin has left the phase, or “danger zone,” when there is a likelihood of a dip below its range low after the halving event when miners’ rewards are cut in half. “Essentially speaking, the danger zone, the post-halving danger zone, which is a three-week window where Bitcoin can produce downside volatility below its current reaccumulation range low, that danger zo ..read more
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The Pulse of the Market – How Fear and Greed Shape Cryptocurrency Trading
Crypto News Australia
by Crypto News Bot
20h ago
In the high-stakes world of cryptocurrency, market sentiment often swings wildly, driven by speculation and the whims of influential voices. Unlike traditional financial markets, crypto values can skyrocket or plummet based on the collective mood of traders, making it essential to stay attuned to these emotional undercurrents. Consider the sway of figures like Elon Musk and Michael Saylor – their tweets and public statements can send ripples through the market, causing dramatic shifts in value almost instantaneously. For instance, Musk’s tweet about Bitcoin’s environmental impact led to a swi ..read more
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