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HTX Community Spring Creation ContestBitcoin Up 2 Weeks: Beginning or End?Unlock Your Personal HTX Airdrop Now edgeX [EDGE] surges 18% as buybacks hit $13mln – What happens next? Over the past 24 hour

edgeX [EDGE] surges 18% as buybacks hit $13mln – What happens next?

Over the past 24 hours, edgeX has climbed 18%, marking a standout performance in an otherwise subdued market. The move reflects more than short-term speculation. It points to a shift in underlying market structure.

The rally appears driven by a mix of strengthening fundamentals and sustained bullish pressure. Even so, one variable continues to shape the near-term outlook.

What is driving the edgeX rally?

A major driver behind the latest move is the edgeX [$EDGE] team’s continued supply reduction strategy.

As the price advanced, the circulating supply tightened. The team deployed $838,000 in buybacks during this rally.

Since initiating the program in April, total buybacks have reached $13 million, steadily removing tokens from the open market.

This contraction in supply has coincided with rising demand. Over the same period, 610 new wallets entered the market.

While individual purchase sizes remain unclear, the influx of new holders signals expanding participation. Total holders stood at 20,600, as of press time.

This type of growth often supports trend continuation, as broader distribution can strengthen price stability and upside potential.



edgeX [EDGE] surges 18% as buybacks hit $13mln – W

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On April 16, U.S. Senator Elizabeth Warren wrote to Musk requesting clarification on the integration plan of the stablecoin and cryptocurrency for the payment feature X Money that the X platform inten

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The crypto market is entering a phase of altcoin rotation, where capital flows from Bitcoin into major altcoins like Ethereum, Solana, XRP, and Cardano. From a crypto experience perspective, this is a

The crypto market is entering a phase of altcoin rotation, where capital flows from Bitcoin into major altcoins like Ethereum, Solana, XRP, and Cardano.
From a crypto experience perspective, this is a classic cycle pattern. Bitcoin moves first, then Ethereum, and then high-potential altcoins follow.
Ethereum continues to dominate DeFi and Layer 2 ecosystems, while Solana is leading in speed and user activity.
XRP's ecosystem is expanding in the payments sector, while Cardano is focusing on scalability and smart contract adoption.
Crypto news highlights increased developer activity across all these networks, which is a strong indicator of long-term growth.
At the same time, liquidity is slowly rotating into altcoins, increasing their potential for higher percentage gains compared to Bitcoin.
Crypto gossip suggests that the next phase could be an "altcoin season, where ETH, SOL, XRP, and ADA outperform BTC.
& Final Insight:
Altcoin rotation has started quietly - explosive moves usually come later.

The crypto market is entering a phase of altcoin

Bitcoin should prepare now, even if quantum is a 'lab experiment’: Blockstream CEO Adam Back, an early pioneer of the crypto movement, said Bitcoiners should be looking at building quantum-resistant s

Bitcoin should prepare now, even if quantum is a 'lab experiment’: 
Blockstream CEO Adam Back, an early pioneer of the crypto movement, said Bitcoiners should be looking at building quantum-resistant solutions now, even if the threat is still decades away.

“Quantum computing still has a lot to prove. Current systems are essentially lab experiments. I’ve followed the field for over 25 years, and progress has been incremental,” Back said at Paris Blockchain Week on Tuesday.

“That said, Bitcoin should prepare,” Back said, adding that the “safest approach” is to build optional upgrades that allow migration to quantum-resistant cryptography if needed.

Concerns that quantum computers could eventually break blockchain cryptography have fueled industry-wide fear that bad actors could use it to break into crypto wallets, plunging the market into chaos.




Bitcoin should prepare now, even if quantum is a '

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HTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!Claim1,200 USDT in the Monthly Creation Challenge The current Dogecoin performance trend has highlighted the appearance of a 

Claim1,200 USDT in the Monthly Creation Challenge

The current Dogecoin performance trend has highlighted the appearance of a rather interesting behavioral pattern. This has to do with the zig-zag movement of the meme coin through the last few months, and depending on the direction of the next move, it could determine how the Dogecoin price could play out. Given this, a crypto analyst has given three different scenarios that could end up playing out for the digital asset soon.

Dogecoin Price Displays Kumo Cloud Behavior
Crypto analyst Trader Tardigarde pointed out a rather ineresting formation on the Dogecoin price chart using the 4-Hour chart. According to the analysis, the current Dogecoin up and down movement suggests the appearance of a Thin Cloud Behavior.

As Trader Tardigrade explains, the Dogecoin price movements through this thin cloud suggests that the meme coin is not seeing a lot of movement. This means that there is nothing that is currently blocking the price from moving. But the interesting part of this is that the price is not blocked in either direction. Thus, Dogecoin could push in any direction from here.

As a result, there are three scenarios that could play out for the cryptocurrency at this point. The first of these is the bearish one that could lead to a sustained downtrend. The Thin Cloud current lies between $0.092 and just below $0.093. If the price breaks below the bottom, then it could trigger a breakdown.

This breakdown would lead to the cloud actually thickening, eliminating the thin cloud currently being seen. Additionally, it would push the price further down, possibly breaking below the $0.09 level once again. However, there is still the possibility of a bullish scenario.


Source: X
The second scenario highlighted by Trader Tardigrade is the the breakout, when the Dogecoin price successfully surges above the thin cloud. Such a move would put it in the breakout zone above $0.094, pushing the cloud from red to green. This would then be the first step before an even bigger move.

La

The current Dogecoin performance trend has highlig

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Never forget... The longer the accumulation phase, the stronger the bull run. This time we've already had the longest bear market. I think the coming bull run will be much stronger than 2020-2021. It will be similar to the 2016-2017 bull run imo.

Never forget... The longer the accumulation phase, the stronger the bull run.&nbsp; This time we've already had the longest bear market.&nbsp; I think the coming bull run will be much stronger than 2020-2021. It will be similar to the 2016-2017 bull run imo.<img src="https://d1x7dwosqaosdj.cloudfront.net/images/2023-10-11/dbe9c4400d95756ba55b67d3646c926c.jpg" alt="20231009_124601.jpg" style="width:100%; height:auto; margin-top: 10px; margin-bottom: 10px">

Never forget... The longer the accumulation phase,

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edge soared to 1.0899 USDT, a new high with a 24-hour increase of -0.10%. It currently trades at 1.027 USDT on HTX.

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