Day: September 18, 2024

Solana (SOL) Could Crash 40% If It Stays Below $140 – Top Analyst Shares Insights

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Este artículo también está disponible en español. Solana (SOL) faces significant risk as the broader cryptocurrency market rebounds from local lows, yet SOL struggles to break above the crucial $140 resistance level. This underperformance has raised concerns among investors, with many worried about Solana’s inability to keep up with the market’s recent surge.  Related Reading Some analysts are even predicting a deep retrace to its yearly low of around $78 if the price continues to lag. Despite holding relatively well during Bitcoin’s and other altcoins’ earlier crashes, Solana’s current price…

Trump Buys Burgers With Bitcoin (BTC) at NYC Crypto Hangout PubKey

Trump made the stop at the Manhattan bar ahead of his rally in Long Island on Wednesday. A Fox News video shows the Republican nominee entering the pub and then, with PubKey staff’s assistance, completing a transaction, becoming the first U.S. president, sitting or former, to publicly use the Bitcoin network. Trump bought burgers at the bar, according to a PubKey social media post. Source CryptoX Portal

SUI Climbs 36% Amid Bullish Breakout – Is $1.50 The Next Target?

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Civic to Verify Driver IDs for Web3 Car-Rental Platform Rentality, on Base Chain

ChainOpera AI, a decentralized and open AI platform, has emerged from stealth, according to the team. The project is “launching its decentralized platform and app marketplace that enables developers to build, train, and deploy AI applications using fully decentralized resources. While existing decentralized AI solutions focus on infrastructure like GPUs, they still rely on centralized providers like AWS. ChainOpera fills this gap by delivering enterprise-grade AI models and decentralized infrastructure, providing cost-effective GPU access, community-sourced AI training, and a marketplace for apps built on its decentralized infrastructure.” Source

DBS Bank to Launch OTC Crypto Options Trading for Institutional Clients in Q4 2024

DBS Bank, Singapore’s largest bank, has announced plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients in Q4 2024. This new offering will allow institutional investors to gain exposure to bitcoin and ethereum, the two largest cryptocurrencies by market capitalization. The initiative aims to provide sophisticated tools for managing digital […] Source CryptoX Portal

DeFi Lending Platform Rari Capital Settles SEC Charges

“The SEC also alleges that Rari Capital and its co-founders misleadingly touted the high annual percentage yield that investors would earn, but they failed to account for various fees and, ultimately, a significant percentage of Earn pool investors lost money on their investments,” the agency said in a release. Source

Crypto Analyst Says Bitcoin All-Time High Only A Month Away After Breaking $60,000

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Este artículo también está disponible en español. Bitcoin (BTC) could be gearing up for a new All-Time High (ATH) this year if it breaks through key resistance levels at $60,000. Despite experiencing substantial volatility and price instability over the past few months, analysts express bullish optimism for the cryptocurrency in the coming months.  New Bitcoin All-Time High Incoming The Bitcoin price chart is flashing bullish signals as the cryptocurrency is up above $60,000 once again. Earlier this month, Bitcoin jumped over the $60,000 mark but witnessed a minor correction that…

‘If They Go 50, That Will Be a Nuclear Catastrophe for Financial Markets’

So, the question is whether they’re going to do 25 basis points or 50 basis points. I, at a high level, think that they should not be raising rates. I believe that the U.S. economy is quite strong. If you’ve seen the GDP prints over the last eight or nine quarters, it’s been consistent growth. The U.S. government continues to spend an insane amount of money, which is keeping economic growth at a very fast pace. And, obviously, that helps with the re-election chances or election chances of Kamala Harris…

Fed Cuts Rates—Bitcoin And Markets React With A Bang

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Bitcoin Emerges as a ‘Unique Diversifier,’ Says Blackrock’s Latest Report

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In a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The financial institution’s report also discusses bitcoin’s growing appeal among institutional investors. Blackrock Report Sees Bitcoin as a Key Asset for Long-Term Portfolio Diversification Blackrock, the […] Original