The Dubai Multi Commodities Centre (DMCC) Crypto Centre and the Swiss early-stage blockchain venture capital firm CVVC have partnered to support the Web3 ecosystems in Dubai and Switzerland. The partnership aims to foster collaboration, knowledge sharing, and innovation in blockchain technology. Both organizations believe this collaboration will accelerate Web3 adoption and drive business innovation globally. […] Source CryptoX Portal
Day: October 6, 2024
US Spot Bitcoin ETFs Open Q4 2024 With $300 Million Weekly Outflows
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…
Polymarket starts betting market on Satoshi Nakamoto’s identity
Polymarket traders have started betting on who the HBO documentary “Money Electric: The Bitcoin Mystery” will unmask as Satoshi Nakamoto, the anonymous creator of Bitcoin. On Oct. 4, Polymarket traders opened up a betting market for the big reveal of Satoshi Nakamoto, creator of Bitcoin (BTC). The market is set to resolve on Oct. 8, the premiere date for the new HBO documentary titled “Money Electric: The Bitcoin Mystery,” which promises to uncover the true identity of Bitcoin’s anonymous creator. In 2011, Satoshi disappeared from public view. Since then, a…
Analyst Eyes $160 As Critical Breakpoint
Este artículo también está disponible en español. Solana is testing a crucial level after weeks of volatile price action and market uncertainty. Following the Federal Reserve’s interest rate cut announcement, Solana surged 26% but quickly retraced 17%, reflecting the ongoing turbulence in the broader crypto market. This rollercoaster price movement has left many investors on edge as they wait for the next clear signal. Related Reading Amidst this uncertainty, top analysts are closely monitoring Solana’s next move, with one in particular pointing to the $160 mark as the decisive level…
Discover 2025’s explosive investment opportunities
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A unique crypto trend is emerging, with experts predicting massive growth by 2025. Discover the top contenders poised for gains. A groundbreaking trend is emerging in the cryptocurrency world, capturing the attention of investors everywhere. Experts predict astonishing growth by 2025, presenting opportunities like never before. Curious about which digital currencies are set to explode? This article uncovers the top contenders poised for significant gains, offering insights that could…
Bitcoin Holds Steady As Bullish Breakout Awaits These Conditions – Details
According to data from CoinMarketCap, Bitcoin currently hovers near the $62,000 price mark with no significant movement in the past day. Notably, the premier cryptocurrency has slipped into a minor consolidation state since the little gains recorded on Friday. However, for long-term traders, Bitcoin has remained in a range-bound movement stretching to March. And while many investors are highly expectant of a bullish breakout in Q4 2024, certain market conditions must be met. Related Reading: Bitcoin Futures Liquidation Forms Local Price Bottom — A Return To $65,000 Inevitable? Bitcoin MVRV,…
AI Powerhouse Openai Raises $6.6B Achieving a $157B Valuation
AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $6.6 billion raised would be used to expand its set of tools and raise its computing capacity, which needs to increase significantly to train new AI models. AI Company Openai Aims […] Source CryptoX Portal
Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows
Este artículo también está disponible en español. Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows. Related Reading Bitcoin Reserve On Exchanges Sees Sharp Plunge With ongoing market volatility and the recent decline in Bitcoin, on-chain data has identified a significant shift in the…
IMX price hits key support as Immutable Passport signups surge
Immutable X token is on track for its first weekly loss in four weeks despite strong performance of its ecosystem. Immutable X (IMX) retreated to $1.4655 on Oct. 4, its lowest level since Sep. 9, and 22.4% below its highest level this month. Passport users hit 3 million In an emailed statement, Immutable X developers said that its ecosystem was doing well, with the number of sign-ups to Immutable Passport crossing the 3 million mark. That is a big increase since the platform had less than 300k sign ups in…
POPCAT Surges Past $1.0094 All-Time High
Este artículo también está disponible en español. POPCAT has achieved a remarkable milestone by surging past its all-time high of $1.0094, igniting excitement among traders and investors alike. This breakout signals a powerful bullish momentum, prompting a re-evaluation of the asset’s potential for further gains. As the market reacts to this significant price movement, understanding the underlying technical factors and market dynamics is crucial for forecasting future price action. In this technical breakdown, we will analyze the recent surge of POPCAT past its previous all-time high of $1.0094, focusing on…