Day: January 24, 2024

Spot Bitcoin ETFs surpassed Silver in AUM; Chainlink and InQubeta bullish

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The U.S. Securities and Exchange Commission (SEC) recently approved multiple applications for spot Bitcoin ETFs. The approval of these ETFs has been met with positive reactions from the crypto community, with some analysts predicting that they could stabilize Bitcoin prices and promote price discovery. Besides Bitcoin, Chainlink (LINK) and InQubeta (QUBE) have also gained popularity recently. In the ongoing presale, InQubeta has raised over $8.4 million. InQubeta: raising the bar…

Bitcoin Cash and Cosmos holders closely tracking Kelexo

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In the ever-changing world of digital currencies, the initial sale of Kelexo has garnered significant attention from investors. This includes individuals who are tactically moving their investments from Bitcoin Cash (BCH) and Cosmos (ATOM).  Bitcoin Cash: Mt. Gox’s market impact New information indicates that Mt. Gox, a popular cryptocurrency platform, has initiated an email verification process for users with accounts linked to Bitcoin (BTC) and Bitcoin Cash.  This action is linked to…

Ronin (RON) Rallies 20% As Top 100 Cryptos Bleed

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Today’s surge in the price of RON has caught the attention of the cryptocurrency market, with the Ronin token going up by more than 200% in the last month. In its first nine months, Ronin has racked up 250,000 unique daily active addresses, $5 billion in total value locked (TVL), over 2 million wallet downloads, and 15% of all NFT transactions on the market. Its DEX Katana is the second-most popular decentralized exchange by weekly active users and allows for millions of in-game transactions. Ronin: Gaming Blockchain Thrives Amidst Market…

AKT emerges as top gainer amid declining social activity

Akash Network’s native token, AKT, has registered impressive gains after touching a local bottom of $2.3 on Jan. 22. AKT is up by 13% in the past 24 hours and is trading at $2.7 at the time of writing. The asset’s market cap surpassed the $600 million mark again after witnessing a sharp decline over the weekend — AKT is currently sitting at the 94th spot among the leading cryptocurrencies.  AKT price, social volume and RSI – Jan. 24 | Source: Santiment On-chain data shows that the cloud computing platform…

Pushd picks up pace as Bitcoin and Litecoin holders flow

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Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. Pushd (PUSHD) has gained a lot of interest from prospective investors. Its presale started well, with the first three stages selling out quickly. Holders of Bitcoin (BTC) and Litecoin (LTC) are also exploring the project. Bitcoin dumps, altcoins correct Bitcoin sank below the $39,000 mark for the first time this year. Subsequently, major altcoins that posted substantial gains in…

Bill Ackman and wife Neri Oxman buy stake in Tel Aviv Stock Exchange

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Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the exchange reported in a press release Wednesday. The announcement came as the Israeli bourse announced the pricing of a secondary offering of 17,156,677 shares priced at 20.60 shekels ($5.50) per share. “The transaction drew robust interest from investors across Israel, the United States, Europe, and Australia, reflecting a strong vote of confidence in…

BNB Price Could See Major Drawdown If It Fails To Stay Above This Support

BNB price started a fresh decline from $320 resistance zone. The price is now retesting the $290 support and is at risk of more downsides. BNB price is gaining bearish momentum from the $320 resistance. The price is now trading below $310 and the 100 simple moving average (4 hours). There was a break below a key bullish trend line with support at $315 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might continue to move down if it fails to stay above the…