Day: June 5, 2024

Notcoin (NOT) Poised For Explosive Growth, Analyst Says

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The cryptocurrency world is abuzz with chatter surrounding Notcoin (NOT), a recently launched altcoin experiencing a meteoric rise. Market analyst Michaël van de Poppe has fueled the flames with a bold prediction: a potential 2-5x surge for NOT against Bitcoin (BTC) within the next four months. Related Reading From Underdog To Market Mover Notcoin entered the scene with a bang, skyrocketing 600% in just a few weeks. Analysts attribute this initial surge to exchange listings on major platforms like Binance and OKX, which injected significant liquidity and investor interest. While…

BNB Soars to New Heights: Hits New All-Time High of $708

Binance Coin (BNB) has reached a new all-time high (ATH) of $708 at the time of writing, following a 12% increase in price. BNB is the native cryptocurrency of the Binance platform, one of the largest and most popular cryptocurrency exchanges in the world. It was launched in July 2017 and is used for various […] Source CryptoX Portal

Bitcoin Price Soars Past $71,000: Here’s Why

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Bitcoin has surged 2.9% in the last 24 hours, reaching a high of $71,166 on Binance today, marking the highest price since May 21. This rally appears to be primarily fueled by robust inflows into US spot Bitcoin ETFs, with the sector experiencing its 16th consecutive day of net inflows. Why Is The Bitcoin Price Up Today? Yesterday alone, these ETFs saw an inflow of $886.6 million, with Fidelity leading at $378.7 million—setting a new record for the fund. BlackRock wasn’t far behind, with substantial inflows totaling $274.4 million. Other…

Argentina Officially Launches Virtual Assets Service Providers Registry

The Argentine securities watchdog (CNV) announced the official launch of Argentina’s Virtual Assets Service Provider (VASP) Registry, allowing almost 100 companies and individuals to apply to be authorized to offer digital assets linked services in the country. The registry will remain open for more companies to submit their application, given that the regulator will only […] Source CryptoX Portal

Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CryptoX is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CryptoX was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CryptoX operates as…

Price Skyrockets 40% During US Banking Crisis

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Bitcoin, the enigmatic digital currency, is back in the spotlight as the US banking system grapples with mounting stress. While some predict a stratospheric rise to $1 million per coin, fueled by economic woes, others remain skeptical. Related Reading Banking On Bitcoin’s Rise? Bitcoin advocates see it as a beacon of stability in a storm. Unlike traditional assets tied to the health of institutions, Bitcoin boasts a finite supply and decentralized nature. This, they argue, positions it perfectly to benefit from a “flight to safety” scenario, where investors seek refuge…

Is This the Start of a Major Rally?

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UNI price started a major increase above the $10.50 resistance. Uniswap is showing positive signs and might eye more upsides above the $12.00 resistance. UNI started a fresh increase above the $10.50 resistance zone. The price is trading above $11.20 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance near $10.35 on the hourly chart of the UNI/USD pair (data source from Kraken). The pair might correct gains, but the bulls might eye more upsides above $12.00 in the near term.…