Month: August 2024

Analyst Forecasts $500 By 2025

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Yesterday, the crypto market faced a pullback to last week’s lows, but XRP demonstrated resilience compared to other altcoins, declining by only 5%. This performance stands out, especially as XRP managed to respect a critical level of support, indicating strength amidst broader market weakness. Related Reading Both analysts and traders are optimistic about XRP’s potential, pointing to its strong fundamentals and recent price action as signs of future growth. Some bold predictions from market analysts suggest that XRP could reach as high as $500 next year, driven by increased adoption…

OpenSea Gets ‘Wells Notice’ From SEC, Calling NFTs Sold on Platform Securities

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk 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. CoinDesk operates as…

Bitcoin Price’s (BTC) Plunge Below $60K Drags CoinDesk 20 Lower

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk 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. CoinDesk operates as…

ARKB Divests $101M Amid $127M Outflow From Bitcoin ETFs

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On Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows. The group of funds saw $127.05 million withdrawn, with ARKB taking the brunt of the losses, shedding $101.97 million. Ether ETFs also saw declines, though their losses were less significant compared to their bitcoin counterparts. $127M Withdrawn From […] Original

Massive liquidations rock Bitcoin and Ethereum — what’s next?

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What caused Bitcoin and Ethereum to plunge into a liquidation spiral? With traders losing millions, how did market conditions shift so quickly, and what’s next? The crypto market is playing a game of hide and seek, with Bitcoin (BTC) and Ethereum (ETH) leading the charge as they hover around key price levels. The entire crypto market has been in a state of distress, losing approximately 15% of its value between Jul. 29 and Aug. 28. The market cap has declined from $2.48 trillion to $2.11 trillion, reflecting the widespread bearish…

Bitcoin mining stocks stay weak as options market hints at rebound

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Bitcoin mining stocks trended lower as volatility in the cryptocurrency continued. Marathon Digital, the biggest mining company, dropped by 2.3% on Aug. 28, marking a 38% decline from its highest point this month. CleanSpark stock fell by 1.75% to $11.25, while Riot Platform dropped by over 1.4%. Other large Bitcoin (BTC) mining stocks like Argo Blockchain, Core Scientific, TeraWulf, and Cipher Mining also pulled back. Most of these stocks remain in a deep bear market after falling by over 20% from their highest level this year.  Their performance is closely…

Mpeppe Casino Presale Attracts Whale FLOKI Investors To Double Profits

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Floki (FLOKI) has emerged as a significant player in the memecoin space, and recent analysis suggests that it could be on the brink of a massive breakout. As FLOKI gains momentum, investors are seeking new opportunities to maximize their profits, and many are turning to the Mpeppe (MPEPE) casino presale as a promising avenue. This article explores the growing interest of FLOKI investors in Mpeppe (MPEPE) and the potential for substantial returns. FLOKI’s Potential 200% Surge Floki (FLOKI) has recently captured the attention of analysts and investors alike. A well-known…

New Casino Cryptocurrency Attracts TRX & BNB Investors To Presale

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Currently, a new casino-focused cryptocurrency is emerging as a prime opportunity for Tron (TRX) and Binance Coin (BNB) investors. This new player, Mpeppe (MPEPE), is gaining significant attention in its presale phase, attracting investors who are eager to capitalize on its potential to revolutionize the online gambling industry. Here’s why Tron (TRX) and Binance Coin (BNB) holders are flocking to this new presale and what makes Mpeppe (MPEPE) a must-watch token in 2024. The Rise of Casino Cryptocurrencies Online gambling has been a rapidly growing industry, and the integration of…

How Logos Is Onboarding Early Supporters Onto Its Network State Technology Stack With a Bitcoin Ordinals Collection

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Logos is a fully decentralized, privacy-preserving, and politically neutral technology stack that provides the necessary support for self-sovereign virtual territories. The stack includes three modular, blockchain-based protocols: Nomos (consensus), Codex (storage), and Waku (messaging). Combined, they provide the technical foundation for cyber states, parallel societies, network states, or any borderless public institution based on voluntary […] Original