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The Ethena price surged 9% in the last 24 hours to trade at $0.411 as of 00:24 a.m. EST on trading volume that rose 3% to $417 million. This comes as Ethena Labs, the entity behind the synthetic stablecoin USDe, has proposed adding Solana to the Stablecoin’s collateral mix. If Ethena’s independent Risk Committee approves the proposal, the platform will gradually introduce SOL as a collateral asset for USDe. Ethena Price To Continue Soaring – Sentiment Supported By Main Indicators In October, the price of Ethena plunged through a correction from the $0.35 resistance down to the $0.26 support and then back to the resistance zone, forming a rounding bottom pattern. A slight retrace back to the $0.32 support completed a cup and handle pattern, according to data from GeckoTerminal . The pattern allowed the bulls to push the price of Ethena through a parabolic surge in the last two days, which is reflected in the sharp rise from the $0.30 level to the current price of $0.41. This sugge

The Book Of Meme price has soared 23% in the last 24 hours to trade at 0.008876 as of 3:30 a.m. EST fueled by a 161% surge in trading volume to $845 million. Book Of Meme Price Breaks Above The Rounded Bottom The BOME/USD price chart shows clear signs of a bullish breakout, highlighted by the formation of a rounded bottom pattern, strongly indicating a potential trend reversal from bearish to bullish. The price has successfully broken above the neckline, which is positioned at $0.009045, confirming the breakout and signaling a possible continuation of the upward trend. The Simple moving average, the 50-day SMA, is currently at $0.00673225, while the 200-day SMA is slightly lower at $0.00669797. A potential SMA crossover is on the horizon, where the 50-day SMA might cross above the 200-day SMA, forming what is known as a golden cross, a powerful bullish signal that points to sustained upward momentum. BOMEUSD Analysis Source: Dextools.io The MACD indicator also supports

1. Lan Foan: Plans to Significantly Increase Debt Ceiling to Aid in Local Debt Resolution link On October 12, Chinese Minister of Finance, Lan Foan, announced during a press conference at the State Council Information Office that the government plans to significantly raise debt limits in a one-time adjustment to restructure local governments’ hidden debts, enhancing efforts to mitigate their financial risks. These policies, pending the completion of legal procedures, represent the most extensive debt relief measures introduced in recent years. The initiative will greatly ease the financial burdens on local governments, freeing up more resources to support economic development. In addition to accelerating the implementation of existing policies, the Ministry of Finance will introduce a package of targeted incremental measures aimed at stabilizing growth, expanding domestic demand, and mitigating risks in the near future. Special government bonds will be issued to bolster the capital of

An increasing number of digital assets are presenting themselves as potential investment opportunities, with several tokens seeing significant growth on a daily basis. These cryptocurrencies are benefiting from recent technological developments, strategic partnerships, and changing market dynamics. As a result, they continue to attract market participants looking for growth opportunities in the crypto market. Additionally, new tokens enter the market regularly, offering investors a broader range of options to consider. This article provides updates on new cryptocurrency releases, listings, & presales today , offering insights into the latest opportunities and trends in the crypto market. New Cryptocurrency Releases, Listings, and Presales Today Gems is a blockchain-based launchpad aimed at facilitating project funding by offering private token sales. Meanwhile, Aleo is an innovative blockchain project that prioritizes privacy and security. It achieves these goals by utilizing ze

A crypto CEO accused of stealing bitcoin and ether currently worth more than $170 million has gone on the run after tampering with his ankle tag, prosecutors announced on Thursday. According to an October 10 filing in New York, sixty-four-year-old Horst Jicha “tampered with his ankle bracelet on Friday, October 4, 2024, and has absconded in violation of his pretrial conditions.” Pretrial services reportedly alerted the government 12 hours after the bracelet stopped working and an arrest warrant was requested that evening. Supreme Court won’t stop sale of 69,370 Silk Road bitcoins Read more: Binance exec accused of tax evasion flees Nigeria during mosque visit German citizen Jicha ran USI-Tech, an alleged multi-level marketing scheme that claimed to be a crypto-mining investment firm. From December 2017, USI-Tech received various cease and desist letters from US and Canadian securities authorities before shutting down in January 2018.   After this Jicha halted withdrawals and b

Cryp͏tocurrencies͏ continued to show we͏ak͏ness on ͏Wedne͏s͏d͏ay, with Bitcoin͏ dipping ͏below $61,000.͏ Th͏is d͏ecline has͏ ͏driven the ͏Gr͏e͏ed ͏a͏nd Fe͏ar Index down ͏to 37, i͏ndicating heightened fea͏r ͏a͏mong ͏inves͏tors. As ͏a result, many inves͏t͏ors are re͏-eval͏uating the͏ir strategies and͏ ͏de͏cisio͏n-m͏aki͏ng processes ͏amid this ͏m͏arket vola͏tility͏. ͏Despite Bi͏t͏c͏oin’s recent dip, ͏ new cr͏yp͏t͏ocurrency releases ar͏e emergin͏g, sho͏wcasing st͏ro͏n͏g investment potential.͏ ͏Investors͏ a͏r͏e keen to exp͏lore t͏hese oppor͏tunit͏ies a͏s they͏ seek al͏t͏ernative͏s in the ͏current ma͏r͏k͏et͏. ͏The o͏ngoing fluct͏uations ͏have͏ spa͏rked in͏te͏r͏est i͏n f͏res͏h projects, sug͏gesting͏ that͏ some investors ͏remai͏n op͏timi͏sti͏c a͏bout͏ future ga͏ins. New Cryptocur͏r͏ency͏ Releases͏, ͏Lis͏tings, & Presales  Wire͏x Pay an͏nounces earl͏y access to i͏t͏s App for ͏user͏s who j͏oi͏ne͏d t͏he No͏de Sale Whitelist. ͏Inves͏t͏ors are ta͏ki͏ng ͏n͏ote of͏ Mynth’s͏ momentum after it͏

The Peter Todd price skyrocketed 71% percent in the last 24 hours to trade at $0.000000001192 as of 03:46 a.m. EST on trading volume that surged to $18K. This comes as HBO’s documentary, ”Money Electric: The Bitcoin Mystery,” identified Peter Todd as Satoshi Nakamoto, the mysterious creator of Bitcoin. Todd has denied that he is Satoshi, and said the documentary was ”grasping for straws” by naming him. I'm not Satoshi. — Peter Todd (@peterktodd) October 8, 2024 Peter Todd Price Could Keep Surging After its launch yesterday, the Peter Todd price has been on a notable surge despite taking on a slight downtrend to $0.000000000746, according to data from GeckoTerminal . The support allowed the price of Peter Todd to rise through a parabolic curve to the current price, which encourages further upward movements. Moreover, the Relative Strength Index (RSI) also coincides with the dramatic surge, as the RSI is now at 100, which shows that the asset is currently under intense buyi