Cryptocurrency

The eccentric CNBC anchor reacted to the recent reaction of the crypto community after he published a bullish Bitcoin tweet which was noticed even by Elon Musk. Cramer published an unexpectedly bullish BTC tweet, while he is widely known for causing the market to react in a way that is totally opposite from what Cramer says.Musk reacted to a tweet by the DogeDesigner user who published Cramer’s tweet which stated that “Bitcoin is a winner” and a Bitcoin chart where BTC is going down sharply. Over the past 24 hours, the largest cryptocurrency has lost approximately 7% and dropped from $98,660 to the $91,840 zone. At the time of this writing, BTC is changing hands at $93,115 after staging a small recovery.This time, Cramer took to his X account to say that he has “owned and backed crypto” since early times. By early times he means the year when his financial media “The Street” was founded which was in 1996. The CNBC anchor issued this reminder to the “time to dump crypto” sentiment that he cited in his X message.Earlier today, Cramer tweeted that “we could get very overbought.” The cryptocurrency community reacted, asking him not to start talking about Bitcoin unless he would say that BTC is going down to expect a completely opposite effect on the price.This article was originally published on U.Today More

This article was originally published on U.Today More

Morehead’s prediction is grounded in several key factors that he believes might drive Bitcoin’s price to new highs. One of the key drivers is the changing regulatory landscape. Morehead notes that the 15-year regulatory headwinds that have previously hampered Bitcoin are now turning into tailwinds.”People totally thought we were crazy in 2013,” Morehead remarked in an interview, alluding to the founding of Pantera Capital Management’s Bitcoin fund more than 11 years ago. “There are still a lot of people very negative. And that’s why I’m so bullish. So many people are still negative. It’s far from being a bubble.”Pantera’s first Bitcoin fund is said to be the first to expose U.S. investors to the cryptocurrency. Bitcoin was worth $74 when the fund was first established in 2013. On Tuesday, it traded at about $92,000 after briefly approaching $100,000 at the end of last week. Bitcoin has increased by about 120% this year.Since that date, about $7 billion has poured into U.S. spot-Bitcoin exchange-traded funds, although demand lessened, resulting in a $438 million outflow on Monday.The largest cryptocurrency by market capitalization has dropped by 1.89% to $93,137, according to CoinMarketCap data.With Bitcoin consistently setting new records this month, long-term holders have started selling in the spot market in increasing sums. So far, sell pressure has been offset by inflows into Bitcoin ETFs and major purchases by MicroStrategy. MicroStrategy purchased a record $5.4 billion in Bitcoin on Monday, marking the third significant purchase by the crypto hedge fund proxy this month.This article was originally published on U.Today More

Bridging Web2 and Web3: Haliey Welch and overHere Unite Crypto and Meme CultureHaliey Welch, globally recognized as the face behind the viral “Hawk Tuah” meme, today announced on X (formerly Twitter) and on her Talk Tuah episode with Mark Cuban that she is going to have an official memecoin, $HAWK. In partnership with overHere (X: @overHere_gg)—a pioneering Web3 launchpad and platform—this groundbreaking initiative is poised to redefine meme coins and usher in a new class of consumer crypto.overHere x $HAWK AllowlistInterested fans can register for the allowlist on overHere to be eligible to claim their free $HAWK tokens. The allowlist campaign runs from November 26th to December 2nd. To secure a spot and receive free $HAWK tokens, users can sign up and complete tasks on Galxe as well. The $HAWK token will begin trading on Solana on December 4th at 5 PM EST.Embracing Her Meme LegacyAs a rising star and the personality behind one of 2024’s most popular memes, Haliey has fully embraced her meme status. She actively engages with her audience through social media, particularly on X at @halieywelchx, where she shares and creates memes, fostering a genuine connection with her fans.Understanding that many of her fans are new to cryptocurrency, Haliey is committed to making the onboarding process as accessible as possible. She plans to distribute free $HAWK tokens through allowlist campaigns to her supporters and members of meme and NFT communities.overHere is the first launchpad and platform that bridges the gap between Web2 and Web3 and is dedicated to empowering brands to create useful, accessible, community-driven projects. With a focus on user engagement and innovative tokenomics, overHere bridges the gap between mainstream and crypto audiences.Haliey’s foray into cryptocurrency was sparked by her experience at the Bitcoin Conference in Nashville earlier this year, where she built ties with various figures in the crypto industry. She also spoke at Korea Blockchain Week, connecting with many communities there.Joining the $HAWK MovementUsers are invited to join overHere & Haliey in this wild adventure, and in building a genuine, supportive community.Haliey Welch, known globally as the “Hawk Tuah Girl,” is a cultural icon and advocate for positive social change. Through her engaging content and popular presence on social media, she promotes values of friendship, community, and inclusivity. Haliey leverages her platform to make meaningful connections and invites her followers to join the $HAWK community.About overHereoverHere is the first launchpad and platform designed to bridge the gap between Web2 and Web3. We empower brands and communities to transition into crypto through sustainable, utility-driven token projects focused on real-world applications and meaningful use cases. By leveraging innovative tokenomics, community engagement strategies, and seamless onboarding experiences, OverHere connects mainstream culture with the crypto space—making cryptocurrencies more accessible and valuable. For more details, users can visit overHere.ContactFounderClinton SooverHereclinton@overhere.ggThis article was originally published on Chainwire More

Young Ju referenced Bitcoin’s 2021 historic bull run, which saw BTC soar from $17,000 to $64,000. He emphasized that several sharp corrections saw prices decline by as much as 30%. He noted that this remains a natural part of Bitcoin’s price movement, even during an upward trend.The CryptoQuant CEO clarifies that his update does not predict a looming price correction. Rather, it is a general observation of the Bitcoin market’s volatility. Notably, pullbacks occur naturally and can happen even when prices are rising.Young Ju refers to this as the “local bottom,” which could offer opportunities for those with long-term perspectives.Although Young Ju insists that Bitcoin is still in a bullish phase, as of this writing, BTC has lost 4.94% of its value in the last 24 hours and now trades at $93,743.31. Before rebounding, the coin dipped to $92,410 in earlier trading. Despite these fluctuations, trading volume has risen by 54.20% to $88.72 billion, indicating that some investors have not given up on the coin’s potential.Nevertheless, these fluctuations have triggered panic among other investors, who have started dumping to minimize potential losses should the price decline further. This article was originally published on U.Today More

Bitcoin proponent Saylor made a supportive comment, stating: “It’s never too late to buy Bitcoin.”The Coin Stories Bitcoin podcast host Natalie Brunell joined Michael Saylor, saying: “The ₿est is yet to come,” choosing the stylized “B” that signifies Bitcoin.As of Nov. 24, MicroStrategy holds 386,700 BTC in total. This amount of the largest cryptocurrency is valued at $21.9 billion in total. Before that, MicroStrategy raised $2.6 billion in convertible senior notes to buy more BTC. This was the second multi-billion Bitcoin purchase performed by Saylor’s company this year — on Nov. 8, MicroStrategy stunned the global crypto community and the market by performing a $4.6 billion Bitcoin purchase.Earlier this year, Saylor predicted that in ten years’ time, BTC will likely skyrocket to the $13,000,000 price level, reducing some of gold’s market capitalization.Analysts believe that Bitcoin is falling now since traders are locking in profits after BTC reached a new all-time high right near the $100,000 price mark.This article was originally published on U.Today More

Bitcoin’s recent rally seems overextended according to the provided chart, necessitating a correction. A drop from the overbought zone in the Relative Strength Index (RSI) indicates less buying pressure. Trading volume has also begun to decline, which suggests that market enthusiasm is waning. The price is currently getting close to the crucial $90,000 support level, which needs to hold in order to avoid a more significant decline. The general state of the market may also be to blame for Bitcoin’s failure to sustain its momentum. Investor diversification into other cryptocurrencies is reducing the buying pressure on Bitcoin as its dominance declines a little. Bitcoin still has a lot of promise despite the recent setback. Bitcoin may attempt another rally after consolidating in this range if the $90,000 support holds. To resume its bullish trajectory and try to reach the $100,000 mark once more, Bitcoin must break through the key resistance levels at $94,000 and $96,000. A breakdown below $90,000, however, might lead to a more significant sell-off, which would drive the price down to $85,000 or even lower. The 50-day moving average, which is located around $86,800, could be the next significant support in this situation. Institutional investors’ renewed interest and a surge in trading volume are essential for Bitcoin to reach its full potential. Positive macroeconomic news or developments like more widespread use of Bitcoin ETFs or clearer regulations could rekindle optimism and propel the cryptocurrency to all-time highs. To sum up, the $90,000 support for Bitcoin is a crucial line in the sand. In the upcoming days, market sentiment and outside catalysts will play a major role in determining whether the asset recovers its momentum or undergoes a more severe correction.This article was originally published on U.Today More

World of Dypians (WoD), one of the most popular MMORPG meta-worlds of the year, has announced it will start the Token Generation Event (TGE) for its utility token, WOD, on November 27, 2024, at 11:00 UTC. The anticipated event will attract gamers and investors worldwide as it unveils the game’s potential. Also, it will cap off a year for World of Dypians, which saw the game win several competitions, attract backers, and raise its community to over 1.25 million players worldwide.World of Dypians is a highly-immersive game built on multiple blockchains. The game stands out from other GameFi projects through its blend of DeFi, NFT, AI, and advanced gaming mechanics. The result is a virtual world where players can engage in PvP battles, quests, missions, and community tasks. Moreover, WoD has a special meta-world area dedicated to its partners and collaborators. Industry-leading brands can advertise, interact with players, and provide updates there. The whole experience enables players to access information while enjoying an entertaining game with rewards.Users can immerse themselves in this unique, virtual adventure by downloading World of Dypians on Epic Games.The WOD token will enter the World of Dypians ecosystem following the TGE on November 27. This event will highlight many of the game’s future opportunities. For example, token holders will be able to use their WOD tokens to stake or participate in the platform’s decision-making process. Furthermore, they can use WOD to buy, sell, or trade NFTs and other in-game items. Therefore, seasoned Dypians, investors, and new players are invited to attend the TGE as early as possible.Users can follow the latest updates on the WOD TGE on the new and enhanced World of Dypians website.The Web3 landscape abounds in Metaverse games with similar mechanics and player engagements. World of Dypians stood out from the crowd from its early beginnings. The team’s unique approach to GameFi has attracted the support of many brands in the blockchain and crypto sectors. That’s how WoD secured over $1.5 million in grants from companies like BNB Chain, SKALE, Core DAO, Manta Network, SPACE ID, Conflux, and Taiko. Additionally, the game rose over $4 million in a funding round with numerous participants, including Castrum Capital, Financial Move, Meu Plano Crypto, Easy2Stake, and IBC Group, among others.The WoD team advanced the game’s development, building a solid ecosystem with unique features and immense potential. Its continuous commitment to innovation and excellence attracted gamers worldwide. As a result, World of Dypians records over 895,000 daily active users and 1.4 million monthly active users. This growing community is also responsible for some of the game’s economic achievements, including 174,467,781+ on-chain transactions and over 320,927 NFTs sold within the game so far.With that support, World of Dypians entered and won some of the industry’s competitions. This year, WoD won the BNB Chain DAU Incentive Program and the Core Ignition Builders’ Program. Also, it championed the Taiko Trailblazers Season 1 and was selected for BNB Chain’s Airdrop Alliance Program, onboarding over 128,658+ on-chain users in the process. Binance later celebrated these achievements by mentioning World of Dypians in its latest Binance Research Report: Navigating Crypto—Industry Map.World of Dypians aims to achieve all the goals it set for its development in an extensive roadmap. The upcoming TGE is one of the important milestones in its plan, but it’s not the only one. The recent launch of the World of Dypians Mini App marked a premiere in the Web3 space as the first mini-app to reward players with weekly USDT rewards directly on Telegram, garnering over 300,000 users in less than a month.WoD plans to release other features into the game following the TGE, including a Crypto Museum that will educate users on cryptocurrencies. A Mall Center will allow users to engage and shop for in-game items. Also, the release of WoD’s first in-game shop will allow users to buy weapons, equipment, and other items for their virtual characters. It’s worth noting that World of Dypians allows users full ownership over their in-game items. Lastly, the WoD team plans to strike new strategic partnerships with important brands in Web3 to create even more earning and advertising opportunities in the game.About World of DypiansWorld of Dypians (WoD) is a MMORPG that combines many elements of the emerging Web3 economy. The game invites players into a fantastic virtual world adorned with unique graphics, DeFi mechanics, AI elements, engaging gameplay, NFTs, and many rewarding opportunities.Users can follow these links and stay up-to-date with the imminent TGE for the WOD token starting on November 27, 2024, at 11:00 UTC at these links: WoD Website | Twitter | Discord | Telegram | GitHub | YouTube | Download on Epic Games |ContactGazmend Micicontact@worldofdypians.comThis article was originally published on Chainwire More