Day: July 17, 2024

Crypto Analyst Lists 10 Reasons To Invest Now

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In a new post on X, Miles Deutscher, a noted crypto analyst with over half a million followers, has proclaimed the current market condition as “one of the most bullish setups” he has seen in his six-year career in the crypto industry. Deutscher outlined ten pivotal catalysts that he believes are primed to drive the cryptocurrency markets higher in the near term. “There has been a lot of talk recently about headwinds (Germans selling, Gox, macro etc.). But the reality is, there is A LOT to look forward to,” Deutscher…

Deribit’s U.S. Election Expiry Bitcoin, Ether Options Get Thumbs Up from Crypto Traders

The impending election may be most important for cryptocurrencies, as Republican candidate Donald Trump has recently embraced digital assets, standing apart from his rival incumbent, Joe Biden. Though Trump has not yet set out detailed proposals for crypto regulation, his recent outreach to bitcoin miners and his promised appearance at the upcoming Nashville conference has won him the industry’s support, establishing BTC and the wider market as a bet on his presidency. Source

Expert Foresees XRP Soaring To $250: Technical Analysis

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Crypto expert “The Great Mattsby” has found something interesting on the XRP monthly chart: the Bollinger Bands are the smallest they have ever been. This trend has shown huge price changes in the past, which has led to rumours that XRP is about to make a big rise. Related Reading Historical Patterns: Previous Explosions And Current Expectations Mattsby looked at patterns before XRP’s price shot up after its Bollinger Bands found themselves in a tight range. One pattern was from September 2016 and March 2017, when its price went up…

BitMEX’s Hayes announces grant program to support Bitcoin developers

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The former chief executive of BitMEX Arthur Hayes is launching a new grant program for developers to enhance Bitcoin’s “resilience, scalability, and privacy characteristics.” Arthur Hayes, a co-founder and former head of crypto exchange BitMEX and the chief investment officer at Maelstrom, has announced a new grant program to support blockchain developers in their efforts to solve scalability and privacy issues of the Bitcoin network. The so-called “Bitcoin Grant Program” backed by Arthur Hayes’ Maelstrom fund is expected to help with the “technical development of Bitcoin,” the initiative’s description reads,…

UAE Blockchain and AI Startup Sentient Labs Secures $85 Million in Seed Funding

Sentient Labs, a UAE-headquartered startup, has successfully raised $85 million in seed funding. The funding round was spearheaded by billionaire Peter Thiel’s Founders Fund and Pantera Capital, with additional participation from Framework Ventures. Sentient Labs stands out by merging decentralized blockchain features with cutting-edge AI technology, aiming to challenge existing norms and create a more […] Source CryptoX Portal

Senator Bob Menendez Once Called Bitcoin ‘Ideal Choice for Criminals,’ Now He Stares at Decades in Prison for Bribery

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