Day: September 29, 2024

Deep Chainsaw: Milei’s Government Prepares New Measures to Curb Public Spending

Federico Sturzenegger, Argentine President Javier Milei’s Minister of De-Regulation and State Transformation, explained that the administration is preparing to implement new measures to reduce public spending. Calling it “Deep Chainsaw,” Sturzenegger revealed that the government is working on liberalizing passenger freight transport, air transport, the medicines market, and sports associations. “Public employment has fallen by […] Source CryptoX Portal

Bitcoin Short Squeeze Could Catapult Price To New All-Time High

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Este artículo también está disponible en español. Bitcoin has been on an incredible price momentum for the past two weeks. This momentum, which took many by surprise, saw Bitcoin breaking above the psychological $65,000 price level again. According to price data, Bitcoin traded as low as $52,820 on September 6. Related Reading Its recent rebound to $66,300 indicates that the king of cryptocurrencies has recovered substantially by 25.5% in two weeks. According to Coinglass data, this marks the biggest gains recorded by Bitcoin in September since 2013. Yet, despite this…

Enter Into The Beacon’s Roguelike Dungeons and Earn NFTs

After a laid-back farming session in Pixels last week, Regina cranks up the intensity with The Beacon, a dungeon-crawling NFT game Last week’s quick recap From last week’s gameplay, we played Pixels, a Web3 game set in a captivating world with vibrant pixelated characters and lush farms. Integrated with the Ronin blockchain, Pixels allows players […] Source CryptoX Portal

BONK In Trouble As Sharp Decline Hints At An Impending Pullback

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BONK is currently facing turbulent waters as a sharp decline casts a shadow over its recent price performance. After a period of impressive gains, the recent downturn is raising concerns about an impending correction, with mounting selling pressure suggesting that the bullish momentum may be waning. As the market sentiment shifts, the crypto community is left wondering how low BONK could go and whether it can regain its footing. With uncertainty in the air, this analysis aims to analyze the recent sharp decline of BONK and explore the implications for…

LayerZero CEO Bryan Pellegrino Discusses Blockchain Bridge Challenges

Zach Anderson Sep 29, 2024 06:29 LayerZero Labs CEO Bryan Pellegrino discusses the complexities and security issues of blockchain bridges in a podcast with a16z crypto. Blockchain bridges are essential tools for moving assets across different chains, but their history is marred by numerous security breaches. LayerZero Labs CEO and Cofounder Bryan Pellegrino recently delved into these complexities in a discussion with a16z crypto General Partner Ali Yahya and cohost Robert Hackett, according to a16z crypto. The Role of Blockchain Bridges Blockchain…

Top 5 cryptos to watch in 2024 for significant gains

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Five cryptocurrencies show potential for significant gains. Explore how a $100 investment might yield substantial returns. In 2024, some cryptocurrencies are poised for explosive gains, and a small investment could potentially yield significant returns. This article reveals the top five digital coins that show the most promise for turning $100 into $50,000. Explore these promising options before the window of opportunity closes. CYBRO presale soars past $2.5 Million: A…

XRP Set To Soar Nearly 900% To $31, Analyst Highlights Key Resistance

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XRP aficionados are ecstatic when market analyst EGRAG predicted an 888% increase in the cryptocurrency’s value. This optimism isn’t just wishful thinking; it’s based on trends seen on XRP’s one-month chart that mirror the cryptocurrency’s rapid success in 2017. As XRP struggles to reclaim prior highs, many traders wonder if this is the beginning of another bull run. EGRAG’s chart analysis shows that XRP almost touched the red rising support line four times. The pattern is similar to the price movements this currency experienced during the 2017 bull run as…

Why Stablecoins Fail: Lessons From the Past

Stablecoins, the cryptocurrencies pegged to fiat currencies like the U.S. dollar to keep their value steady, can still face failures. Several well-known examples demonstrate that maintaining stability is more challenging than it appears. So, how does something designed to be ‘stable’ unravel? A Historical Review of Stablecoin De-Pegging Incidents There’s no doubt that these stablecoins […] Source CryptoX Portal

Ethereum and Cybro poised for dominance

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A crypto expert predicts Bitcoin could drop to $40,000. Meanwhile, Ethereum and Cybro are set to challenge its dominance. A seasoned expert in cryptocurrency signals a potential drop for Bitcoin to $40,000. The focus shifts as Ethereum and a rising contender, Cybro, are poised to challenge Bitcoin’s supremacy. Discover which digital coins are gearing up for a surge and might redefine market leadership. CYBRO defies market headwinds, empowering DeFi…

Ripple Vs. SEC Battle Far From Over As Regulator Opposes Court’s Decision

Este artículo también está disponible en español. The lawsuit between Ripple and the United States Securities and Exchange Commission (SEC) has in fact not ended, as new reports of the regulator possibly opposing the court’s decision have surfaced. If the SEC decides to proceed with the appeal, Ripple could be drawn into an even longer and more tedious legal dispute, extending the uncertainty about its regulatory clarity.  Related Reading SEC May Appeal Ripple Court Ruling  In an X (formerly Twitter) post on September 26, Fox Business journalist Eleanor Terrett revealed…