The Bitcoin & Cryptocurrency Investment Show podcast.
Hey there, folks It's your buddy Crypto Willy here. Let's dive into the latest from the world of cryptocurrencies.
First off, Bitcoin has been on a rollercoaster ride. Earlier this week, it briefly surpassed the $125,000 mark, reflecting a modest 0.37% increase over the past 24 hours. However, it later dipped to $121,733.20, marking a 2.32% decline. Despite this volatility, Bitcoin remains in the "HODL" zone of the Rainbow Chart, indicating steady confidence among long-term holders.
Meanwhile, Monero has been gaining momentum, reclaiming its 200-day moving average and approaching key resistance at $344. This could signal a potential rally towards $402.
In other news, BNB has seen significant fluctuations, surging to $1,349.99 with a 9.59% increase, only to dip below $1,320. Binance has also announced a Spot Altcoin Trading Festival with a $250,000 USDC prize pool.
Lastly, the Croatian Football Federation is embracing blockchain, offering cryptocurrency rewards via the Kadena blockchain to fans. And, Ethena Labs has launched its USDe stablecoin on UR Global's neobank platform, allowing users to earn up to 5% APY.
Thanks for tuning in, folks Join us next week for more crypto insights from around the globe. This has been a Quiet Please production, so check out QuietPlease.AI for more innovative content
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