World Mobile Successfully Launches Commercial Telecom Network in East Africa

In Zanzibar, World Mobile has successfully launched its commercial telecom network. Zanzibaris may now make use of mobile data that read more

Toncoin Price Analysis: Will TON Hit $11.60 Amid Bullish Cup and Handle Pattern?

Toncoin (TON), backed by Telegram, has recently caught the attention of the crypto market due to its significant price movements. The cryptocurrency surged to an all-time high of $8.15 before stabilizing around $7.60, prompting widespread speculation about its future performance. Experts are divided, with some warning of imminent corrections while others foresee continued bullish trends. read more

Toncoin On Fire: Crypto Explodes To All-Time High – Can It Hit $10?

Telegram-backed Toncoin (TON) has been the talk of the crypto town lately, its price soaring to a record-breaking $8.15 before settling around $7.60. This dramatic rise, coupled with technical indicators flashing both caution and bullish signals, has investors on the edge of their seats, wondering: is this a short-lived party or the beginning of a major ascent? Related Reading: Forget The Dip! XRP Primed For Epic Rally To $36, Expert Claims Cup, Handle Hints At Takeoff, But TDS Warns Of Bumpy Ride Analysts are divided on TON’s immediate future. Crypto technician Ali Martinez throws a bucket of cold water on the recent euphoria, pointing to a “sell signal” on the TD Sequential indicator. This suggests a potential price correction lasting 1-4 trading sessions. The TD Sequential presents a sell signal on the #Toncoin four-hour chart, predicting a correction of one to four candlesticks for $TON! — Ali (@ali_charts) June 23, 2024 Investors bracing for a dip should find solace in the Fibonacci retracement levels acting as potential support nets. These levels sit at $7.44, $7.29, and possibly even $7.18, offering TON a soft landing during the descent. However, Ali’s short-term bearishness is countered by Alex Clay’s long-term bullish perspective. Clay, another crypto analyst, sees a bullish “Cup and Handle” pattern brewing on the charts. This pattern, historically a friend of bulls, suggests a continuation of the uptrend after a consolidation phase. The analyst further strengthens his bullish case by pointing to TON’s recent breakthrough of a major resistance zone, which is now expected to act as a springboard for further gains. #TON/USDT Update $TON is consolidating above the broken supply zone👀 More upside is coming📈 — Alex Clay (@cryptclay) June 23, 2024 Toncoin’s Technicals Whisper Of Further Ascent Clay doesn’t stop at mere pattern recognition; he throws down some serious price targets. Based on the measured move of the Cup and Handle pattern, Clay predicts TON reaching a cool $10.50, with an even more ambitious target of $11.60. Zooming into the one-day chart, technical indicators paint a similar picture. The price faces resistance around $7.65, a level it’s tested multiple times. If TON can muscle through this hurdle, the next stop could be a glorious $8.28. The 100-day EMA (Exponential Moving Average) at a supportive $6.01 further strengthens the bullish case, acting as a safety net if a correction does occur. Related Reading: Toncoin Transfer Volume Hits $10 Billion, Social Appeal Soars Wild Ride Ahead While the TD Sequential indicator suggests a potential short-term correction, the technical indicators and bullish chart patterns hint at a strong possibility of TON continuing its upward trajectory. Investors should buckle up for a potentially wild ride, with short-term dips offering opportunities for those with strong stomachs and long-term vision. Featured image from Asia Crypto Today, chart from TradingView read more

CoinStats Halts Activity After Security Breach Affects 1,590 Wallets

The company reported that only 1.3% of all CoinStats wallets were actually affected by the attack. read more

New Solana Memecoin Degen Black Pepe Will Explode 17,000% in 48 Hours – How to Buy?

Degen Black Pepe (DEGBPEPE), a new Solana memecoin that was launched recently, is poised to explode over 14,000% in price in the coming days. Currently, Degen Black Pepe can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Degen Black Pepe could become the next viral memecoin. In fact, many early Shiba Inu and Dogecoin investors have been pouring funds into this new Solana memecoin. Degen Black Pepe launched with over $3,000 of locked liquidity, giving read more

Bitcoin (BTC) Will Reach $1.0 Million Within Next Year, Samson Mow Predicts

Bitcoin permabull Samson Mow expects BTC to hit $1 million within the year 2025 read more

Ronaldinho’s Crypto Endorsements Spark Controversy Amid Accusations of Pump-and-Dump Schemes

Crypto endorsements by celebrities continue to fuel debates within the industry. Critics highlight concerns over the ethical implications of leveraging fan trust. Recent events emphasize the need for cautious engagement with crypto promotions. Celebrities endorsing cryptocurrencies spark debate on their impact and ethical considerations, urging fans to exercise caution. The Influence of Celebrity Endorsements in read more

Winklevoss Twins’ Bitcoin Donations to Trump Exceed Legal Limits, Prompt Refunds

The Winklevoss twins, billionaires and founders of the cryptocurrency company Gemini, received refunds after their Bitcoin donations to Donald Trump’s presidential campaign exceeded federal legal limits. Bloomberg reported that the excess contributions were returned to the donors. A campaign official, speaking anonymously, provided this information. The twins each announced $2 million in Bitcoin donations on the social media site X, supporting the presumptive Republican nominee. However, this amount surpasses the $844,600 legal limit per person that the Trump committee can accept. READ MORE: Top Asset Managers File Revised Proposals for Ethereum ETFs with SEC, Eye July Launch It remains unclear read more

Japan’s Metaplanet Wants to Buy Another $6M Bitcoin

The firm will purchase over $6.2 million worth of bitcoin using proceeds from an upcoming bond issuance, adding to its BTC coffers. read more

Crypto Market Selloff: Here’s Why Bitcoin, Ethereum And Altcoins Are Falling Today

Crypto market saw bears gradually taking over bulls, with the market cap tumbling from $2.35 trillion to $2.26 trillion in the last 24 hours. Crypto investors lost $160 billion in net wealth in a week as market sentiment slips to “Neutral” today. The crypto market fear and greed index continues to slide from 76 (extreme The post Crypto Market Selloff: Here’s Why Bitcoin, Ethereum And Altcoins Are Falling Today appeared first on CoinGape . read more

Experts Predict Ripple’s Potential Price Movements

Ripple price dropped by 3% at the week's start. Experts predict two possible price movements for XRP. Continue Reading: Experts Predict Ripple’s Potential Price Movements read more