Day: November 28, 2023

Top Altcoins Poised To Make Waves This Week: Crypto Analyst

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Miles Deutscher, a crypto analyst, recently shared insights on altcoins that are catching his attention for the upcoming week. In a post on X, he starts by noting the marketโ€™s recent cool-off, suggesting this phase is creating new opportunities for savvy investors. Deutscher also emphasizes the importance of staying informed and ready to capitalize on these shifts. Top Altcoins To Watch This Week Injective (INJ) According to Deutscher, Injective (INJ) is experiencing a lull in hype, but this should not undermine its strong performance throughout the year. He believes that…

DOGE Now Held at Record 5M Crypto Addresses

Meanwhile, the number of active addresses on the network has more than doubled to 168,000, reaching the most since March 2022, and the number of confirmed transactions on the Dogecoin blockchain has jumped to the highest since June, with the tally increasing by 1,000% in the past 10 days. Source

Deutsche Bank Economists Expect US Recession to Prompt 175 Basis Points in Fed Rate Cuts in 2024

Economists at Deutsche Bank foresee 175 basis points in rate cuts in 2024. According to economists at Deutsche Bank, already in the first half of 2024, the Fed (Federal Reserve) is likely to cut rates quite aggressively. The new report suggests that we will see 175 basis points in rate cuts next year. More details to be added soon. ย  next Market News, News Thank you! You have successfully joined our subscriber list. Original

Binance’s saga heaps pressure on BB; investors explore new AI altcoin

Thereโ€™s a wave of uncertainty at Binance as Changpeng Zhao resigns as CEO, pleading guilty to money laundering violations. The exchange faces a $4.3 billion settlement fee for its involvement. The key question: Will this turmoil affect BNBโ€™s price? Bearish pressure looms over BNB, and investors are closely watching for the impact of recent developments. Meanwhile, some investors are paying attention to InQubeta (QUBE), a new AI altcoin.ย  This article will explore the potential price outlook for BNB post-saga and the increasing interest in InQubeta. InQubeta attracting investors InQubeta, a…

ARK offloads $5.2M in Coinbase stock amid 18-month high

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ARK Invest, one of the companies that filed an application for a spot Bitcoin (BTC) exchange-traded fund (ETF), is again taking profits on its Coinbase (COIN) shares as the stock price surges. On Nov. 27, ARK sold 43,956 Coinbase shares from its ARK Fintech Innovation ETF (ARKF), according to a trade notification seen by Cointelegraph. Coinbase stock reached $119.7 per share at the time of the sale, giving the transaction a value of $5.3 million, data from TradingView shows. Coinbase crypto exchange has seen its shares jump toย an 18-month high…

Fraudster disguised as Forbes journalist targets BAYC holders

An attacker pretended to be a Forbes journalist during an interview and tried to steal non-fungible tokens (NFTs) from Bored Ape Yacht Club (BAYC) collectors. The attacker, posing as a Forbes journalist, approached the holder with a request to share his experience with the popular NFT collection BAYC. One of the collectors using the X handle @crumz10 said that he miraculously escaped the scam. ๐Ÿšจ๐ŸšจSCAM ALERT!!๐Ÿšจ๐ŸšจI just spent the last 2hours on Zoom with โ€˜@Forbesโ€˜ it was pretty sophisticated and well thought out because Iโ€™m usually on high alert but…

Ups, Downs And The $1 Horizon

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XRP has taken investors on an exciting roller coaster ride this year, taking them on a trip through the highs and lows of the market. There have been a lot of ups and downs, from a small rise in March to a huge surge in July and another one in the middle of October. Even though this exciting adventure has ended, XRP is now trading at a mere $0.59, a huge drop of 30% from its all-time high of $0.95. Despite this, the current trajectory of XRP showcases a prolonged…

Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper

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Bitcoin mining is a โ€œcritical toolโ€ for clean energy and balancing the grid, according to a new working paper penned by Bitcoin advocates and the former president of ERCOT, the operator of Texasโ€™ electrical grid.ย  The Nov. 22 paper titled โ€œLeveraging Bitcoin Miners as Flexible Load Resources for Power System Stability and Efficiencyโ€ argued that Bitcoin miningโ€™s inherent interruptibility and swift load response capabilities could enhance grid flexibility to better integrate variable renewable energy sources. Authors of the working paper included Castle Island Ventures partner Nic Carter, Satoshi Action Fund…