Getting a token from inception to market is no mean feat and more often takes years of planning and commitment. Achieving fair price discovery and stability requires just as much commitment and energy. Generally speaking, market makers categorize the token pricing journey into four main phases: pre-generation construction, primary listing, price discovery and expansion, and […]
Bitcoin News
Unlocking The Dogecoin Code: One Factor Holds The Key To Its Next Ascent
Dogecoin, the meme-inspired cryptocurrency that took the internet by storm in 2021, has seen a recent uptick in price. However, experts are cautioning investors against mistaking this blip for the start of a moon mission.
DOGE Price Volatility Takes A Vacation
One factor tempering enthusiasm is Dogecoin’s current lack of volatility. While price swings are often a hallmark of the cryptocurrency market, DOGE’s volatility has hit a 30-day low.
This calmness suggests the recent price increase might not translate into a sustained upward trend.
Memecoins like Dogecoin thrive on volatility, and the current lull suggests a period of price stability, which isn’t necessarily bad, but it’s unlikely to trigger the explosive rallies we’ve seen in the past.
Dogecoin Network Activity: Apathy Or Accumulation?
Another dampener on the celebratory champagne showers is the low user activity on the Dogecoin network. The number of active addresses, which indicates user engagement, is currently hovering around 52,000.
This is a significant drop compared to March 2024, when a surge in active addresses coincided with a price jump to .22.
Historically, spikes in Dogecoin’s user activity have foreshadowed price increases. The current low suggests a lack of excitement or, perhaps, a period of accumulation by investors who are waiting for the right moment to jump in.
DOGE Stuck In Consolidation: A Sideways Serenade Or Coiling For A Leap?
For the past few weeks, Dogecoin’s price has been stuck in a consolidation phase, oscillating between .14 and .16. This sideways movement, while frustrating for those hoping for a quick return, could be a sign of a different kind of preparation.
Consolidation periods often precede significant breakouts. While it doesn’t guarantee a future surge, it suggests the price is finding support and could be coiling for a potential leap.
A Glimmer Of Hope: MVRV Z Score Hints At Undervaluation
A beacon of optimism comes from the MVRV Z Score, an indicator that suggests Dogecoin might be currently undervalued.
This metric essentially compares the market value of a coin to its historical value. A score below a certain threshold suggests the coin might be undervalued and has room for growth.
A Slow Burn Or A Surprise Spark?
The current data paints a picture of a cautious future for Dogecoin’s price. While a major rally seems unlikely in the immediate future, there are underlying hints that suggest potential for growth.
The low volatility and user activity could be signs of consolidation and accumulation, respectively, both of which could precede a future price increase.
Featured image from @inevitable360/X, chart from TradingView
Unlocking New Possibilities: Solama Teams up With BingX and AssetDash
PRESS RELEASE. Solama, one of the most captivating Solana meme coin 2024 craze, is partnering up with two essential platforms for a crypto project, such as BingX and AssetDash, as BingX mentioned on their X (Twitter) account. As a result of this team-up, all $SOLAMA enthusiasts could benefit from extensive accessibility, catering to all investors […]
Bitcoin News
The Only Path Forward to Web3 Adoption: Unlocking Tech Synergy Through Collaboration
History has shown that collaboration is a powerful driver of digital innovation, propelled by the exchange of knowledge between scientists and engineers. Indeed, instrumental to the birth of the Internet was the collaboration between Bob Kahn and Vint Cerf in the 1970s, which enabled communication between computers and networks and unlocked the new digital era […]
Bitcoin News
Composable Data Assists Dapp Developers in Unlocking Rich Data Applications – Swaroop Hegde
Composable data, a flexible and modular approach in the field of data analytics, benefits decentralized application (dapp) developers constrained by the limitations of current data protocols. Swaroop Hegde, co-founder of Powerloom, explains that composable data maintains a decentralized database of data points verified through a consensus mechanism. Clean Insights Versus Actionable Intelligence Hegde, a thought […]
Bitcoin News
Unlocking Crypto History: 2,000 ETH From Ethereum’s Genesis Days Suddenly Moved
In recent weeks, Bitcoin.com News has chronicled the significant number of dormant bitcoin addresses that have sprung to life in March after years, if not a decade, of inactivity. Similarly, we’ve observed a resurgence of activity from older ethereum addresses. This Saturday highlighted a noteworthy event: an individual who took part in the Ethereum initial […]
Bitcoin News
Unlocking Bitcoin ETF Profits: Experts Reveals “Best” Trading Strategy
The potential approval of a Bitcoin ETF (Exchange Traded Fund) is bound to open new opportunities for traders. The expectations surrounding this event impact the market now, but an expert believes they will have a more substantial effect in the coming months.
As of this writing, Bitcoin trades at ,400 with a 1% profit in the last 24 hours. Over the previous week, the cryptocurrency stayed in the green with a 3% profit, holding the critical level of ,000 despite the increase in selling pressure.
The Lucrative Strategy In Anticipation Of Bitcoin ETF Approval
As Bitcoin’s value soars with a remarkable 125% increase this year, a new trading strategy emerges, promising high returns in the wake of the anticipated Bitcoin ETF. A seasoned market analyst, Markus Thielen, unveils insights into leveraging the evolving crypto market dynamics for profitable trading in an essay posted by options platform Deribit.
Thielen’s analysis reveals an “unusual” trend in the Bitcoin market: despite its significant rally, the 30-day realized volatility remains at a modest 41%, starkly contrasting to the 5-year average of 63%.
According to the analyst, this subdued volatility reflects a declining interest in leveraged Bitcoin options, a direct consequence of institutional players entering the crypto arena.
These players, holding significant Bitcoin assets, will likely sell volatility, fostering a more stable market environment that mirrors traditional financial markets.
In this landscape, the strategy of selling strangles (120% call and 80% put) on a 30-day rolling basis stands out. According to Thielen, this approach has shown profitability in approximately 23% of cases over the past year, as seen in the chart below, marking a significant improvement from the decentralized finance (DeFi) summer’s high-risk profile.
At that time, DeFi protocols attracted billions in capital to the crypto ecosystem contributing to the incipient Bitcoin rally. While there are differences in the current market dynamics, options players are likely to benefit from this strategy.
This strategy, particularly effective during low-risk periods, suggests a window of opportunity for traders to capitalize on before introducing institutional influence.
Institutional Involvement Expected to Stabilize Bitcoin Market
The anticipated launch of the Bitcoin ETF is set to transform the market further. This event is expected to recalibrate the put/call ratio, which leans heavily toward calls.
Thielen compares it to the S&P 500, where the put/call ratio has been more balanced. The Bitcoin market might soon witness a similar equilibrium, presenting an opportunity for traders to harness volatility through a sell-put strategy.
Furthermore, Thielen notes that the post-ETF approval phase could be the last chance for traders to exploit high volatility levels. Once institutional players begin systematically selling volatility, the market is expected to enter a phase of reduced price fluctuations, making volatility-based strategies less effective.
The analysis also touches upon Bitcoin’s correlation with broader market indicators like the VIX index. While the Bitcoin market has maintained high volatility relative to the VIX index, this gap is anticipated to narrow, offering traders a strategic edge in timing their trades effectively.
In conclusion, as the Bitcoin ETF approaches and institutional participation increases, savvy traders can look towards selling strangles as a strategic approach to capitalize on the current market conditions.
Cover image from Unsplash, chart from Deribit and Tradingview
Unlocking the Power of Web3 and AI: Insights from the 2023 Global Summit
PRESS RELEASE. USA, 230928 – The Worldwide AI & Web3 Summit, held on September 28 – 29, 2023, brought together industry leaders from enterprises such as HAI Stanford, Berkeley/HAAS, Google Deepmind, NVIDIA, and Meta to explore the intersection of AI and Web3 technologies and their potential to transform various sectors.
Web3 – the recently emerging concept considered the next generation of the internet – is characterized by blockchain-integration technology and decentralized principles, offering motivation for innovation, trust, and inclusivity. Combined with AI, the duo holds promise for Sustainable Development projects, aligning with the United Nations’ Sustainable Development Goals (SDGs).
Mr. Thomas Neubert, the co-founder of WowDAO AI, highlighted the potential of this synergy in revolutionizing energy management. “AI algorithms can optimize energy consumption in real-time, while Web3 enables peer-to-peer energy trading on a decentralized platform, leading to more efficient energy usage and reduced carbon emissions. This combination is poised for widespread adoption, benefiting areas such as renewable energy management, smart agriculture, water and waste management, etc.”
Also, by Neubert, Southeast Asia (SEA) was identified as a prime region for exploration due to global economic shifts. SEA’s growth in startup activities and crypto trading, exemplified by Vietnam and Singapore, positioned the region as a leader in the wave of Web3 and AI innovation.
In the case of Vietnam, the country’s technology landscape offers a conducive environment for innovation in Web3 and AI, reflected by its tech-savvy workforce that proves by ranks 8th globally for software engineers. Vietnam’s acceptance of blockchain and high rate of crypto ownership, along with numerous startups and innovation hubs, placed it at the forefront of the technology boom.
As emphasized by Ms. Trang Phung, CMO of U2U Foundation, “Vietnam has the potential for pushing the boundaries of Web3 and AI innovation. These potentials highlighted the high-quality human resources, government policies supporting technology sector development, and the numerous blockchain startup projects that positioned Vietnam as a regional technology key player.”
The Worldwide AI & Web3 Summit also hosted the Worldwide AI Hackathon 2023, an exclusive incubator program for AI enthusiasts and early-stage startups. Over 1,700 contestants from 88 countries registered, with top projects undergoing rigorous evaluation by judges from leading tech giants.
Yvonne Lutsch – Investment Principal of Bosch Ventures, and Nestor Maslej – Research Manager of Stanford HAI, have the same idea in expressing their excitement about AI’s practical application and growth in the real world.
“AI is starting to move into the real world. I think five years ago, ten years ago, AI was still very much something that existed in the lab, with many promises and potential, but it wasn’t necessarily clear when that potential and that promise would be realized. But now, AI is being used in tangible ways, and in these use cases, I would say we should only expect to continue growing,” Maslej said.
The Worldwide AI Hackathon aimed to adress sustainability through blockchain. Mr. Cris D Tran – Founding Advisor of U2U Foundation – highlighted the potential of Web3 and AI for Sustainable Development, with the U2U Chain as an exciting solution. The U2U Chain’s technical advancements, scalability, security, and collaborations with ESG-focused enterprises positioned them as the leader in the “green” blockchain industry.
The U2U Chain has marked a significant technological advancement in the blockchain sector, integrating the Proof of Elapsed Time with the Gossip protocol and the DAG algorithm. With a theoretical capacity of 500,000 transactions per second (tps), a transaction finality of 350ms, and triple layers of Sybil protection, the U2U Chain is emerging as the preferred choice for Enterprise applications in Vietnam and South East Asia. This combination of features is reported to enhance scalability, security, and decentralization, further solidifying its position in the market.
On a global scale, U2U’s collaboration with “green” enterprises underscored their commitment to environmental sustainability. The U2U Foundation’s mission revolved around widely adopting the Unicorn Ultra Chain, aiming to create a more decentralized, secure, and transparent digital environment.
About U2U Foundation
The U2U Foundation is dedicated to promoting the growth of the U2U ecosystem, leveraging the strength of the U2U Chain. The foundation envisions the Unicorn Ultra Chain as a revolutionary distributed ledger platform, making digital interactions accessible and user-friendly. By fostering decentralization, security, and transparency, the U2U Foundation seeks to build the next big things by providing motivation and innovation for global Web3 startups.
Media Contact
Email: marketing@uniultra.xyz
For further information on the U2U Foundation, please visit the website uniultra.xyz or through the social media platforms:
Website | U2U Binance Feed | X (Former Twitter) | Discord | Channel | Group Chat | LinkedIn | Medium | Youtube | Zealy
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Rollman Management: Unlocking Crypto Success with Exclusive Insights from Rollman Capital, Rollman Mining, and a Network of 500+ Industry Experts
PRESS RELEASE. Tallinn, Estonia, August 3, 2023 – Rollman Management, a trailblazing company renowned for its exclusive crypto insight, portfolio diversification, private crypto sales, education, and more, is excited to announce its expansion of services to empower retail and institutional investors globally. Backed by the proven expertise of Rollman Capital, a prominent hedge fund, and Rollman Mining, a leading bitcoin mining firm, Rollman Management brings unparalleled advantages and direct access to crypto experts, revolutionizing the investment journey for its subscribers.
Direct Access to Industry Experts for Informed Decisions
At Rollman Management, we recognize the value of direct interaction with industry leaders. Subscribers gain exclusive access to our network of seasoned experts, enabling them to seek advice, ask questions, and receive personalized guidance directly from the minds behind Rollman Capital and Rollman Mining. This level of engagement ensures that investors can make informed decisions based on expert insights and years of experience.
Industry-Leading Insight for Unprecedented Growth
Rollman Management’s exclusive insights stem from the combined expertise of Rollman Capital and Rollman Mining, whose track records in the crypto industry are second to none. With over a decade of experience in the crypto space and decades in the global financial markets, our team provides subscribers with 100+ high-impact insights per year, facilitating remarkable financial gains measured in millions.
Trusted by Thousands, Delivering Remarkable Returns
The Rollman Management advantage is evident in the unwavering trust of our satisfied clients. Over 21,000+ retail and institutional investors rely on our insights to achieve remarkable returns, ranging from 10 to 100 times their investments. As we extend our services to a wider audience, we aim to empower even more investors in realizing their financial goals within the crypto market.
Unlocking Exclusive Opportunities for Subscribers
Rollman Management believes in democratizing access to exclusive opportunities that can transform investment portfolios. Subscribers gain entry to private crypto sales, providing them with first-hand access to promising projects before they become publicly available. This unique advantage allows our clients to get ahead in the fast-paced crypto industry and capitalize on lucrative prospects.
Comprehensive Education for Informed Decision-Making
Education is paramount for successful investing. Rollman Management is committed to empowering its subscribers with the knowledge and confidence they need to navigate the crypto landscape. Through our comprehensive educational resources, investors of all levels can enhance their understanding of cryptocurrencies, market trends, and strategic investment approaches.
Pricing and Subscription Options
Rollman Management aims to make its premium services accessible to all. Subscribers can opt for an annual subscription priced at only 9, providing them with a year of unparalleled insights and benefits. For those seeking a lifetime membership, available at a special discounted rate, the lifetime subscription is priced at 9.
“We are excited to bring our successful hedge fund, Rollman Capital, and the renowned bitcoin mining firm, Rollman Mining, together to offer unmatched insights and opportunities to our subscribers,” said Founder and CEO Victor R. Ch. Rollman, the visionary behind Rollman Management. “Direct access to experts ensures that our clients receive personalized advice, empowering them to make confident decisions in the crypto market.”
Secure Your Crypto Future with Rollman Management
To learn more about Rollman Management’s subscription packages and to embark on a rewarding journey in the crypto space, visit our official website at www.rollmanmanagement.com.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
DPA Token (DPAT) and Blockchain Technology: The Key to Unlocking Africa’s Economic Potential
PRESS RELEASE. For foreign investors who have always wanted to diversify their portfolio with African assets but have been held back by security and transparency, this might be a game-changer.
Africa is a continent that is rich with potential and opportunity. However, due to prolonged periods of negative portrayals and limited access to resources or capital, it has not been able to maximise this potential. This has led to a lack of economic growth and development in many African countries.
While many attempts have been made to address these issues, the lack of a secure and efficient alternative capital and fundraising market has resulted in further economic stagnation. This is where cryptocurrency, blockchain technology and the recently launched DPA Token (DPAT) come into play.
What is DPA Token (DPAT)?
In addition to acting as a dependable store of value and efficient global money transfer tool, cryptocurrencies have developed into premier investing devices. They grant retail investors with no background in the market access to profitable opportunities that used to be limited exclusively to renowned venture capitalists and accredited angel investors.
Thus, DPA Token (DPAT) has been designed to give retail investors the opportunity to participate in African land ventures. For both real estate developers and crypto holders alike, this project unlocks untapped potential that can’t be found anywhere else.
Forging the way forward, a team of property and blockchain aficionados fully KYD’d by Coinsult launched Direct Property Africa to focus on upcoming real estate ventures across the continent. Investing in DPA Token (DPAT) is a promising venture for advocates seeking to capitalise on Africa’s growing land and property market in a transparent and safe way.
SolidProof finished the DPA Token smart contract audit, freeing the team to concentrate on developing this cutting-edge Web3-native land and property investment and trading platform with a number of compelling characteristics like transparency and inclusion. Every single land investment will have its own non-fungible token (NFT) mirrored and fractionalised, offering low entry levels so more investors can participate.
The Need for Blockchain Technology and Cryptocurrencies in Africa
With the right tools, blockchain technology and cryptocurrencies could potentially revolutionize economic development across Africa. With its ability to securely store data and facilitate fast money transfers, it can be used to increase opportunity, provide liquidity, improve access to financial services, increase transparency, and ultimately catalyze growth.
Urbanization, population growth, and a deepening connection to the global economy have all created both pressures and possibilities for rapid infrastructure expansion in African cities. Real estate is one of the better-positioned sectors to drive this growth.
The African real estate market is projected to grow at a significantly faster rate than other markets in the world, making it an ideal platform for blockchain and cryptocurrency investments. The next five years alone are expected to bring 200 million new citizens into African cities – creating a real estate surge of unprecedented magnitude throughout the continent.
The Bottom Line
With the booming real estate industry in Africa, investing has become a key factor for growth. At DPA Token (DPAT), the team aims to identify projects and land with the highest potential for long-term development in African cities. They are also looking to collaborate with reputable local real estate developers that have been verified and boast successful track records. The team has already broken ground on a project and partnered with Jacob West Ghana to launch the first NFT-funded project in Africa, The Khari Project.
The African real estate industry is expected to grow exponentially in the years ahead, and DPA Token (DPAT) provides retail investors with a unique opportunity to capitalize on this growth. In addition, the use of blockchain technology allows for the transfer of money from anywhere on the planet and provides a channel to access new lucrative emerging markets in a transparent way. Investing in DPA Token (DPAT) could be a smart move for anyone seeking to benefit from Africa’s clear economic potential!
For more information visit: https://dpatoken.io/link/
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.