Month: September 2024

Bitcoin Whales Take Profit After Latest Price Jump — Here’s How Much They Sold

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

Bank of Korea to Launch CBDC Payment Trial in Supermarkets

South Korea’s central bank, the Bank of Korea, will soon allow participants to use digital tokens for payments at supermarkets and convenience stores in a central bank digital currency (CBDC) trial. Starting in December, 100,000 participants will be part of this test. Retail partnerships and global initiatives like Project Agora highlight the broader impact of […] Source CryptoX Portal

Solana (SOL) Set For Critical Encounter With $154 Resistance Level

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Fintech Veteran: Crypto Market Growth Not Tied to US Election Outcome

While the crypto market’s brief dip after U.S. Presidential candidate Kamala Harris’ debate “win” against Donald Trump suggested the market favours the former president, Ziad El Baba, Ramp Network’s chief product officer, says the drop’s short-lived nature indicates users are wary of both candidates. El Baba also notes the market’s quick recovery reinforces a notion […] Source CryptoX Portal

Catizen (CATI) Soars 10% Following Multiple Exchange Listings

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A rapidly emerging play-to-earn game on Telegram, Catizen, made headlines as it went live with its native token, CATI. Officially launched in the market on September 20, 2024, it is now trading live on Binance, OKX, Bybit, and Bitget. The CATI token is gaining a lot of hype among the Nigerian Web 3 community. Catizen has around 34 million-plus players and impressive revenue figures, hence its strong position in blockchain gaming. Airdrop Success The CATI launch is also complemented by an effective airdrop campaign with token distribution to early participants.…

Travala Integrates Solana for Booking Flights and Hotels, Offers SOL Travel Rewards

Crypto travel booking platform Travala has integrated with Solana, allowing users to book flights and hotels using Solana-based tokens and earn SOL travel rewards. Highlighting Solana’s scalability and affordability, the platform aims to enhance the crypto travel experience and incentivize users with up to 10% of booking value back in SOL. Travala Integrates Solana for […] Source CryptoX Portal

Solana Jumps 10% As Fed Eases Rates, Analysts Eye Even Higher Gains

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Este artículo también está disponible en español. The fifth largest cryptocurrency by market cap, Solana (SOL), has once again come into the limelight since it saw a significant breakout in its price recently. The token rose by over 10% amid the Federal Reserve rate cuts, once again drawing the attention of investors and getting all the talk about its price breakout. Related Reading Since Solana has reached the $151 mark after weeks of trading in the narrowed range of $130 to $139, analysts are now keeping an eye on what…

Government of Bhutan Holds $828M in Bitcoin, Arkham Data Shows

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The government of Bhutan is currently holding over $828 million in bitcoin, according to onchain data by Arkham Intelligence. “Unlike most governments, Bhutan’s BTC does not come from law enforcement asset seizures, but from bitcoin mining operations, which have ramped up dramatically since early 2023,” the crypto intelligence firm explained. Bhutan Revealed as a Major […] Original

Bitcoin ‘Final Cycle Pump’ Puts Price As High As $200,000

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Este artículo también está disponible en español. Bitcoin (BTC) could be gearing up its last explosive rally of a four-year market cycle, which traditionally kicks off at the beginning of a halving event and culminates just before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could surge to $200,000 and above, marking new All-Time Highs (ATHs) and the peak of the long-awaited bull market.    Related Reading Bitcoin Enters Final Pump Stage  On September 19, ‘Stockmoney Lizards,’ a crypto analyst took to X (formerly Twitter)…