Este artículo también está disponible en español. As we enter the final quarter of 2024, the cryptocurrency market is shifting gears, presenting both challenges and opportunities. After a rough August and a bearish start to September, major cryptocurrencies like Bitcoin are struggling to find stable ground. While BTC has dipped below key support levels, other altcoins like Ethereum (ETH), Starknet (STRK), and Mpeppe (MPEPE) are catching the attention of savvy investors as top picks for October. Starknet and Ethereum: Layer 2 Scaling Solutions on the Rise Ethereum (ETH) has long…
Day: September 17, 2024
Forget Meme Coins, Crypto Utility Is Already Here
Stablecoin market cap recently hit $175 billion, as demand for crypto’s greatest product grows. The utility and significance of USD-pegged stablecoins is often lost on crypto natives in Western countries. However, stablecoins have proven to be crucial products for people in emerging markets, whether they are avoiding hyperinflation of their native currency, or avoiding predatory remittance fees. Source
Bitcoin (BTC) ETF/Coinbase (COIN) Rumors Shot Down by Experts
Over the weekend, well-followed X crypto analyst Tyler Durden accused Coinbase of allowing BlackRock – the issuer behind the largest spot bitcoin exchange-traded fund – to borrow bitcoin without providing collateral, which would allow manipulation of the market and profit from the resulting price swings. Original
Key Opinion Leaders Are Bad for the Crypto Industry
That’s why my new project isn’t paying them. (And who is Professor Crypto, anyway?) Source
Bitcoin ETFs Rise With $12.9M Gains While Ether ETFs Struggle
According to the latest crypto exchange-traded fund (ETF) data, spot bitcoin ETFs snagged $12.9 million in gains on Monday, while spot ethereum ETFs faced a $9.51 million loss. Bitcoin ETFs Continue to Grow, While Ethereum Funds Lose Ground Leading the charge among the 12 bitcoin funds was Blackrock‘s IBIT, which pulled in $15.82 million in […] Original
Shiba Inu Whale Action Hints At Explosive 7,000% Growth
Este artículo también está disponible en español. Shiba Inu (SHIB) has had a tough market in the last six months, losing more than half of its value. At $0.0000138 now, the token is down 70% from its March high of $0.000045. Such a plunge is steep and stressful for investors who bought during its peak. Yet a faint glow of hope seems to emanate from the market as it sees a modest 6.5% gain over the last week. Related Reading Crypto analyst LuckSide thinks that SHIB will experience a huge…
FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations
“Because Prager’s audits of FTX were conducted without due care, for example, FTX investors lacked crucial protections when making their investment decisions. Ultimately, they were defrauded out of billions of dollars by FTX and bore the consequences when FTX collapsed,” said Gurbir S. Grewal, Director of the SEC’s Division of Enforcement, in a press statement. Source
Will Ether’s Supply Crunch Lead to Higher Prices in Q4?
Many crypto users and investors haven’t been thrilled with Ethereum’s token (Ether) performance over the last two years. With many positive drivers, like successful technology upgrades, scaling solutions, restaking, and the recently approved spot Ether ETFs, most expected these factors to significantly increase demand for the largest smart contract platform’s token. But ether’s price hasn’t delivered. Source
Cant FET Keep Up With Investors Demands, GoodEGG (GEGG) Rallies 191%
Este artículo también está disponible en español. As the crypto market evolves, new trends and opportunities continue to captivate investors. One of the most talked-about coins in the Artificial Intelligence (AI) and blockchain space is the Artificial Superintelligence Alliance (FET). However, the spotlight is slowly shifting towards GoodEgg (GEGG), a meme AI-powered dating cryptocurrency, which has rallied by a staggering 191% within days of its presale launch. This article explores the recent surge in GEGG’s popularity and whether FET can keep up with investor demand. Artificial Superintelligence Alliance: A Steady…
Prediction Market Limitless Raises $3M in Pre-Seed Round Led by 1confirmation
PRESS RELEASE. Limitless Labs, the R&D network behind prediction market Limitless, has announced the successful closure of a pre-seed round. A total of $3M was raised in a round led by prominent venture capital firm 1confirmation, which has backing from tech veterals such as Peter Thiel, Marc Andreessen and Mark Cuban. Notable investors such as […] Source CryptoX Portal