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Dogecoin (DOGE), a popular meme coin, has experienced a significant price surge recently. This increase has led many investors to reevaluate their positions and consider diversifying their portfolios. One emerging contender catching the attention of Dogecoin investors is Mpeppe (MPEPE), a new cryptocurrency currently in its presale phase. Priced at $0.00107 USDT per token, MPEPE is generating considerable buzz in the crypto community. Dogecoin’s Impressive Surge Dogecoin (DOGE) has been on an upward trajectory, trading near $0.1386. Recently, it hit an intra-day high of $0.1422, driven by positive market sentiment and significant buying activity from whales. According to crypto analyst Ali Martinez, Dogecoin (DOGE) whales have accumulated over 60 million Dogecoin (DOGE) in the last 24 hours, indicating continued bullish momentum. This surge in Dogecoin’s (DOGE) price can be attributed to several factors, including the broader positive trend in the cryptocurren...

According to a recent report from CoinShares, Ethereum (ETH) saw an uptick in inflows last week, surpassing Solana’s (SOL) inflows for 2024, coinciding with the impending launch of exchange-traded funds (ETFs) that will allow regulated investment in the US for the second-largest cryptocurrency by market capitalization.  ETH Dominates Inflows The report highlights Ethereum’s strong momentum recorded over the past month, with inflows reaching $45 million last week, amounting to the year for over $103 million, outpacing Solana’s inflows year-to-date (YTD).  Solana, however, also witnessed inflows of $9.6 million during the same period, resulting in a YTD total of $71 million, which lags behind Ethereum’s inflows . Among other altcoins, Litecoin was the only one to receive inflows exceeding $1 million, with $2.2 million recorded last week. ...

The Dogecoin price soared 6% in the last 24 hours to trade at $0.1374 as of 03:31 a.m. EST on trading volume that surged 38% to $1.4 billion. This comes as market sentiment becomes more buoyant with the Crypto Fear and Greed Index surging to 70, up from 25 as recently as July 13. The meme coin space has also rebounded with a 2% surge in the last 24 hours to a market capitalization of $53 billion. Dogecoin Price Set For A Trend Continuation Towards $0.17 Dogecoin Price Chart Analysis Source: GeckoTerminal.com The Dogecoin price dropped significantly in June before consolidating in mid-June to the beginning of July within the $0.12 range, according to data from GeckoTerminal . However, the bears won the struggle for dominance at this level as the token dropped, which then formed a complete inverse head and shoulders pattern. The DOGE price bulls seem to be capitalizing on the pattern to push the price over the neckline at $0.1275. DOGE trades well above both the 50-day ...

After the BRICS expansion in 2024, the alliance officially accounts for 42% of the global oil and gas reserves. If that wasn’t enough, BRICS now accounts for the majority of the rare-earth metals reserve totaling to 72%. This gives the alliance an added advantage in global trade in the oil and rare-earth metals sectors. Also Read: BRICS: US Dollars in Hard Cash Worth Millions Flown to Zimbabwe BRICS countries complement each other for the extraction of critical minerals and production. The cooperation could leas to mutual trade within BRICS members and ensure the continuity of the supply. The alliance can also decide on the stability of the prices and be ahead in decision-making. BRICS 2024 Summit: Oil & Rare-Earth Metals To Be Discussed Source: AFP Latest reports indicate that the alliance will discuss oil and rare-earth metals trade in the next BRICS summit. The geological trade deals could be rewritten giving the bloc an undue advantage in settling cross-border transactions....

The crypto market has been showing positive signs lately, with the new ICO, The Meme Games (MGMES), benefiting by raising over $196K at the time of writing. This impressive accomplishment highlights the increasing interest in the meme coin sector. Since its presale launch, The Meme Games has garnered significant attention, with investors eager to capitalize on the opportunity. Positioned as a contender to become the official Olympics meme coin, $MGMES holds an exciting appeal. The Meme Games combines the competitive spirit of the Olympics with the vibrant world of meme coin culture, offering a chance to engage, compete, and win token bonuses in a thrilling crypto presale. It introduces the inaugural crypto meme coin Olympics, where meme coin enthusiasm meets the 2024 Olympics spirit. Participants can select their favorite meme character and cheer them on to potentially multiply their holdings with the $MGMES token. This event aims to unify and excite the crypto community, providing ...

Your guide: How are Bitcoin ETFs Taxed? Exchange Traded Funds (ETFs) that hold Bitcoin are becoming more popular as a way to invest in Bitcoin without actually holding the cryptocurrency. Although, Bitcoin ETF s have tax effects, just like any other investment. Knowing how Bitcoin ETF s are treated can help you make smart choices and keep you from being surprised when it’s time to pay your Taxes . The main parts of Bitcoin ETF taxation are broken down clearly and easily in this guide. Keep reading to learn more. Also read: Bitcoin: BlackRock Says ETFs Will Reach $4T by 2030 How Bitcoin ETFs are Taxed Most Bitcoin ETFs are set up as grantor trusts. So, the ETF holds Bitcoin as its underlying asset, and the value of the ETF shares is equal to the value of the Bitcoin owned. The way Bitcoin ETFs are taxed is similar to how grantor trusts are taxed. This makes the tax effects simple but important to understand. Gains and Losses on Capital You might make or lose money when you sell Bi...

As Santiment analytics disclose an accelerating decline in wallets holding one or more Bitcoin, the cryptocurrency industry has gone abuzz. Crucial for gauging mood in the market, this indicator has been progressively dropping as traders become less optimistic that Bitcoin may rise beyond its historic high of $73,750, which it last touched on March 14. The general feeling in the market is that people don’t think Bitcoin will reach a new all-time high this year. Related Reading THORChain (RUNE) Primed For Big Gains, Analyst Eyes $20 Milestone 21 hours ago Largely due to “fear, uncertainty, and doubt” (FUD), smaller investors of the asset tend to sell off their holdings, a pattern that is reminiscent of previous market cycles. ...