Day: January 31, 2024

Binance Weighs Sale of Stake in South Korean Crypto Exchange GOPAX

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Wall Street Veteran Explains Why Shares Could Surge 2000% Before Public Listing

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Pro-XRP Wall Street financial analyst Linda Jones recently shared her thoughts on a potential Ripple Initial Public Offering (IPO). Specifically, she elaborated on her belief that the crypto firm was currently undervalued and how the company’s stocks could still rise before it went public.  Why Ripple’s Stock Could Be Worth 20 Times Its Current Price Linda Jones used Coinbase’s IPO as a mirror to explain why Ripple’s stock could be worth 20 times its current valuation. She noted that Coinbase was valued at $86 billion when it initially went public,…

Famed author of ‘Rich Dad Poor Dad’ touts Bitcoin as hedge against financial erosion

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Robert Kiyosaki, the author famed for Rich Dad Poor Dad, is making headlines with his staunch advocacy for Bitcoin (BTC), positioning it as a primary defense against what he views as systematic wealth erosion by institutions like the Federal Reserve, Treasury, and Wall Street bankers.  Kiyosaki’s investment strategy now strongly favors Bitcoin over traditional assets like stocks, bonds, and fiat currencies, given its decentralized and inflation-resistant characteristics. Why I own Bitcoin. Bitcoin is protection against the theft of our wealth via our money. Fed Chairman Powell, Treasury Secretary Yellin, and…

Ethereum Price Trims Gains But 100 SMA Could Trigger Fresh Increase

Ethereum price extended its increase above the $2,320 resistance zone. ETH is correcting gains but the 100 hourly SMA might provide support and start a fresh increase. Ethereum started an extended recovery wave above the $2,320 resistance zone. The price is trading above $2,300 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend lien with support at $2,325 on the hourly chart of ETH/USD (data feed via Kraken). The pair might start a fresh increase if it manages to stay above the $2,300 level.…

ICO warns organisations to proactively make advertising cookies compliant after positive response to November call to action

Stephen Almond, Executive Director, Regulatory Risk, leads the ICO’s team responsible for anticipating, understanding and shaping the impacts of emerging technology and innovation on people and society. Last November we wrote to 53 of the UK’s top 100 websites, warning that they faced enforcement action if they did not make changes to advertising cookies to comply with data protection law. We’ve had an overwhelmingly positive response to our call to action. Of the 53 organisations we contacted, 38 organisations have changed their cookies banners to be compliant and four have…

3 Signs That A Bitcoin Supply Shock Could Be Just Days Away

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The Bitcoin community is currently abuzz with discussions of an impending supply shock, a market phenomenon where demand outstrips supply, potentially leading to a substantial price increase. Indicators from various sectors within the market are currently converging, suggesting that such an event may be closer than many anticipate. Here’s an in-depth look at three signs for an impending supply shock: #1 Surging Demand For Bitcoin ETFs Bitcoin ETFs have been creating an exceptionally large demand since their launch. Initially, this demand surge was somewhat moderated due to significant outflows from…

Sui Becomes a Top 10 DeFi Blockchain as TVL Tops $430M

The total value locked (TVL) has jumped by more than 1,000% in four months, catapulting the blockchain above more established incumbents such as Bitcoin and Cardano, as well as Coinbase’s layer-2, Base. The dollar value of cryptocurrencies deposited in its decentralized finance (DeFi) protocols topped $430 million, making it the 10th-largest blockchain by TVL, Sui said. As of writing, it had slipped to No. 11, behind PulseChina, DeFi Llama data show. Source

8081.io Announces the Prelaunch of its Automated Trading Platform for Cryptocurrency

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In a landmark development, 8081.io, a leader in cryptocurrency trading automation, today announced the pre-launch of its state-of-the-art automated trading platform. Armed with advanced AI/ML technology, this platform is meticulously crafted to serve the unique needs of both traditional retail investors and institutional licensed brokers. Poised to lead the upcoming global surge in crypto adoption, 8081.io combines user-friendly design with sophisticated technology. Confronting the trust issues and asset selection uncertainties that have long plagued the crypto industry, 8081.io set out to serve as a beacon of innovation and dependability. This…

Avalanche and Ethereum Classic holders tracking Kelexo presale

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors who keep an eye on the cryptocurrency market always look for opportunities to invest in promising projects with growth potential. In recent days, Avalanche (AVAX) and Ethereum Classic (ETC) holders have been exploring Kelexo (KLXO) and its presale, which has attracted over 5,000 investors. Avalanche price analysis Avalanche is changing hands at $36.19, up 4.01% in the last 24 hours.  Prices have been rising in the last week as…