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Cryptocurrency News Articles

Bitcoin Shows Signs of Rising, but BlockDAG Steals the Spotlight With 1820% Presale Gains

Sep 28, 2024 at 05:56 am

Bitcoin has signaled that prices could go up again, as it moved back above a key trading indicator called the Ichimoku cloud. This usually shows positive signs

Bitcoin Shows Signs of Rising, but BlockDAG Steals the Spotlight With 1820% Presale Gains

Bitcoin is showing signs of rising in price once again, as it managed to climb back above a key trading indicator on Friday, which could signal that prices might be set to increase. However, technical indicators are giving mixed signals, leaving traders to tread carefully.

Bitcoin price焼ぎ يوحدة جديدة من ارتفاع طفيف، مع بقاء مؤشرات فنية مختلطة. فيما يلي أحدث تحديثات العملة الرقمية الأولى.

Bitcoin Might Be Rising, But Don’t Get Your Hopes Up Yet

Bitcoin prices might be heading up again, as the world’s leading cryptocurrency managed to cross above a key technical indicator on Friday. This usually signals that prices could be set to increase once more. However, things aren’t always as they seem, especially in the world of crypto.

A close look at the trading chart reveals that Bitcoin crossed below the Ichimoku cloud earlier this year, which usually points towards a bearish trend. Moreover, another key technical indicator suggests that prices could still drop by another 10%.

According to trader Josh Olszewicz, earlier breakouts this year, such as the one in March and April, didn’t lead to lasting gains. However, this setup now appears to be more promising than those earlier attempts at a bullish run.

“The Ichimoku cloud is still in a downtrend and another technical indicator hints that prices could still fall by another 10%. Trader Josh Olszewicz noted that earlier breakouts this year didn’t lead to lasting gains.”

Traders are now waiting for a stronger indication, such as a TK cross, to confirm a bullish run. While Bitcoin’s price has risen recently, it is still unclear if this signal will lead to a lasting increase, especially as September tends to be a tough month for Bitcoin.

SHIB Community Battles Clipper Malware Threat

The Shiba Inu community is on high alert due to a growing threat from Clipper malware. This virus, first spotted in 2017, has returned and is hitting both Android and iOS users once again.

The ShibArmy Scam Alerts team has warned everyone to double-check wallet addresses before sending any crypto. They also urge people to avoid downloading apps from unknown sources.

The Clipper malware steals copied wallet addresses and swaps them with the hacker’s address, causing a loss of funds. Even though Binance is helping by blacklisting shady addresses and warning affected users, the SHIB community remains watchful, as the malware continues to be a major threat to their funds.

BlockDAG Offers 50% Bonus: Don’t Miss Out on This Big Opportunity

BlockDAG is rolling out a special treat for its community: a hefty 50% bonus on all coin purchases using the code BDAG50, but only until October 14. This isn’t an everyday offer, and those keeping an eye on BDAG know that the time to act is now.

This bonus gives folks a chance to bulk up their holdings before prices shoot up, providing a golden window to maximize potential returns.

The BlockDAG presale has already smashed a huge goal, pulling in $77 million and selling over 13.2 billion BDAG coins. Prices have jumped to $0.0192 from just $0.001 in the first batch—an incredible 1820% increase.

Now in batch 23, the presale’s momentum is solid, pushing rapidly towards a $600 million target BlockDAG is shaping up to be one of the most thrilling presales in the crypto arena.

As the presale sizzles, both early backers and newcomers stand to gain from rising values. The BDAG50 bonus is sparking even more excitement, with many feeling this might be the last chance to jump in before prices skyrocket. Those eager to be part of this success tale are making their moves before this opportunity slips away.

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Other articles published on Nov 24, 2024