This Week’s Crypto Gainers and Losers: Meme Tokens Outshine Bitcoin and Ethereum
In the midst of a more optimistic crypto market, both bitcoin and ethereum have enjoyed steady growth, climbing by 3.13% and 3.61%, respectively, over the past week. Additionally, several other digital currencies experienced even more significant…
Ethereum Technical Analysis: Bullish Breakout Needed to Reverse Bearish Trend
As of Oct. 14, 2024, ethereum’s price is $2,541, with a total market cap reaching $305 billion. In the last 24 hours, ETH has swung between $2,436 and $2,555, supported by a trading volume of $14.31 billion. Despite this activity, technical…
Why Isn’t XRP Price Moving? Crypto Pundit Claims The Answer
XRP has been one of the underperformers in the current crypto market cycle, remaining approximately 86% below its all-time high of $3.84 reached on January 4, 2018. Remarkably, despite significant fluctuations in the meantime, XRP is trading at a…
‘Political shift’ drives $407M inflows to crypto products — CoinShares
According to CoinShares, last week’s increase in crypto investment products was influenced by the upcoming US elections rather than monetary policy outlooks.
First Mover Americas: Bitcoin Nears $65K as Chinese Stocks Rebound
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Technical Analysis: Bulls Poised for Breakout as Price Hovers Near $65K
As of Oct. 14, 2024, bitcoin (BTC) is trading at $64,905, with its 24-hour range spanning from $62,059 to $64,915. The leading cryptocurrency’s market capitalization sits at $1.28 trillion, while 24-hour trading volume has reached $29.38…
Ivory Coast’s Waribei Fintech Startup Raises Funds to Boost Small Business Support
Ivorian fintech startup Waribei raised $820,460 in pre-seed funding to expand its platform, which aims to streamline financial transactions for small businesses in Francophone West Africa. Waribei focuses on understanding the specific needs of…
Tron Token Burn: 10 Million Gone—What Does It Mean For TRX Price?
TRON (TRX) recently garnered attention by incinerating over 10 million tokens, demonstrating its dedication to a deflationary approach intended to enhance its value. Currently, TRX is trading at roughly $0.1605, indicating a small increase…
Avalanche-Based ‘Off the Grid’ Tops Epic Games’ Free Game Charts
Off the Grid has proven popular among battle royale fans, who praise its mechanics and gameplay. Still in its early access stages, Off the Grid reached the top spot in the Epic Games Store and is set to issue GUN, its token, allowing players to use…
WIF Bulls Charge Toward $2.89 As Key Resistance Test Looms
Recent trading activity reveals that WIF is gaining bullish momentum, with its price surging toward the critical $2.89 resistance level. After a brief pullback, buyers are stepping in, driving the asset higher and setting the stage for a potential…
Bitcoin Mining Profitability Fell in September, Jefferies Says
October could be a harder month for the miners with the network hashrate currently 11% higher while the bitcoin price is up only about 5%, the report said.
Telegram to open an office in Kazakhstan, boost regulatory compliance
Telegram’s agreement to set up an office in Kazakhstan aligns with the firm’s increasing compliance efforts as its CEO remains in France amid an ongoing investigation.
Latam Insights Encore: Venezuela Can Grow to Be Latin America’s Crypto Haven
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the possibility of Venezuela growing to become the top cryptocurrency market in Latam and…
Bad Decisions By Ethereum Foundation Hurt ETH Price, Hedge Fund CIO Says
Zaheer Ebtikar, the Chief Investment Officer (CIO) and founder of Split Capital—a hedge fund specializing in liquid token investments—has attributed the Ethereum underperformance over the last months to strategic missteps by the Ethereum Foundation…
Ethereum co-founder Vitalik Buterin shared his vision for the future of the protocol, with an emphasis on the areas of improvement for proof-of-stake, security and more in a post-Merge world.
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