DrCryptoCanada

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With all the positive news we are seeing surrounding #bitcoin, is this #BullMarket finally going to kick into high gear? Is $92.5K the must hold bottom? https://lnkd.in/gFuz4MR4

#DOGE is usually the lead indicator for a true #altcoin season, but it is lagging this time. Have we had too many #memes and this time will be different?

Looks like TRAD-FI meets #defi on #solana with this new #benji market fund. The world is changing quickly!

🚀 Bitcoin Hashprice Reaches New Heights! A Bullish Signal for Miners 💹 Bitcoin's hashprice has surged to $62 PH/s, the highest level in over a month, marking a significant milestone for the mining community. This bullish movement comes on the back of increased transaction fees and Bitcoin's meteoric price rise, now surpassing $100,000! 🎉 Following the April 2024 halving, miners faced a challenging period of reduced revenue. However, with the recent recovery: Miners are in a healthier position, holding more and selling less than they mine daily. A slight decline in network hash rate suggests improved profitability per miner. This combination of higher hashprice and stabilized network activity signals a bullish trend for Bitcoin miners and the broader ecosystem. The resilience of the Bitcoin network continues to shine as it adapts to changing market conditions. #Bitcoin #Mining #Blockchain #Crypto #DeFi #CryptoNews #drcrypto

The Surge of the New Official Trump Meme Coin on Solana 🚀📈 Over the weekend, the crypto world witnessed the explosive launch of the new official Trump Meme Coin on the Solana blockchain. Starting at just $0.20, the coin skyrocketed nearly 1000x within the first 12 hours of trading. This surge comes just 48 hours before the inauguration of the 47th president, sparking massive interest and speculation across the market. Key Points: Initial Skepticism: Many initially doubted the legitimacy of the project, suspecting a hacked account rather than an official release. Current Status: It now appears to be a legitimate project associated with the upcoming presidential inauguration. Investment Caution: While the astronomical rise might tempt many, I advise caution: Current Prices: Buying in at these levels poses significant risk. The potential for a 2x or 3x return might seem appealing, but the downside is considerable. Tokenomics Concern: With the dev wallet holding 80% of the supply, the risk of major price manipulation or a sudden sell-off could leave new investors vulnerable. Safer Bet?: Consider looking into Solana itself, the blockchain facilitating this meme coin. It presents a potentially more stable investment relative to a high-volatility meme coin. Final Thoughts: Always do your due diligence and remember the high risks associated with trading meme coins, especially those with such volatile starts. Buyer beware, and remember, this isn't financial advice but a call to stay informed and cautious. #Crypto #Solana #TrumpMemeCoin #meme #drcrypto

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Was this the fakeout before the #btc breakout? Some are calling that the bottom is in for #bitcoin. Will Jan 20th be an executive order that favours #crypto ?

#DOGE the leader of all memes and the original is being bought up. Usually DOGE can be a leading indicator for the #meme market in general Is now the time to reenter some #memes for the next leg up? *NFA #solana #eth

The Santa Clause rally didn’t materialize this year, but are we going to have a January pump after this dump? #btc #eth #crypto #blackrock #etf