Este artículo también está disponible en español. Crypto analyst Egrag has provided an historical analysis of the weekly XRP price chart, suggesting that the cryptocurrency is entering “uncharted territory.” Utilizing historical data and focusing on critical technical indicators. Egrag highlights significant shifts in XRP’s trading behavior, emphasizing the exhaustion felt by the XRP community during this prolonged cycle. “This cycle has been extremely exhausting and super manipulative, especially when it comes to XRP. But don’t lose hope!” he states. Why XRP Is In Uncharted Territory Central to Egrag’s analysis are…
Day: October 11, 2024
FTX’s Salame Hoped Dog Bite Would Delay Prison, But Tucker Carlson Derailed Effort
A defiant Salame, who had taken to social media to criticize his prosecution, was originally supposed to start serving more than seven years in prison on August 29 but told the court he’d been injured by a large German shepherd, leading to his reporting date being postponed to Oct. 11. He requested another extension earlier this week, ostensibly to continue treating the same dog bite. Source
DePIN Nodes Are a Small Business Revolution in Emerging Markets
Nodes can feed a family, but more importantly, they can fund human capital. The person working a menial job, by owning a node, might have enough income now, to have the luxury of time to create new things, new ideas, new localized businesses based off of the learnings from running a node. Source
KIVA AI Secures $7M to Transform AI Development With Enhanced Human Feedback Operations
PRESS RELEASE. KIVA AI, a promising new platform dedicated to advancing AI technology through improved data curation and human feedback, has successfully raised $7 million in a funding round led by Brooklyn-based Web3 investor CoinFund. The round attracted participation from a lengthy and diverse range of funds and family offices including Paper Ventures, Protagonist, Foresight […] Source CryptoX Portal
Ethereum Faces ‘Sell-Off Risk’ If It Loses $2,300 Resistance – Analyst
Este artículo también está disponible en español. Ethereum is at a pivotal moment after failing to break above the $2,500 mark on Monday. With the entire crypto market anticipating a potential rally, Ethereum investors carefully watch for any signs of strength within the network. However, growing concerns about a possible deeper correction loom over the market. Related Reading Key metrics from IntoTheBlock indicate that if Ethereum breaks below the $2,300 level, a significant sell-off could follow, increasing pressure on the price. This has created a tense atmosphere among traders and…
CoinDesk 20 Performance Update: RENDER jumps 6.5%, With All Index Constituents Rising
NEAR was also a top performer, gaining 5.1% Source
Ether ETFs Buck the Trend: How Much Did They Pull in While Bitcoin ETFs Struggled?
U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with all 12 funds experiencing outflows totaling $120.76 million. Meanwhile, the nine spot ethereum ETFs saw a different story, pulling in $3.06 million during the trading session. Bitcoin ETFs Tumble, Ether Funds Walk Away Unscathed Thursday proved challenging for bitcoin ETFs, with no gains in […] Original
High-Return Crypto Scheme Hit With Cease-and-Desist in Texas
Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on digital asset arbitrage trading but is accused of misleading investors. Authorities claim the company falsely asserted SEC registration and used illegal multilevel marketing tactics, posing […] Source CryptoX Portal
First Mover Americas: Bitcoin Trims Thursday's Inflation-Led Losses
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
SUI Rallies 100%, But Signs Of Fatigue Emerge – Drop Incoming?
Este artículo también está disponible en español. Over the past 30 days Sui [SUI] has been on a roll, tripling its market capitalization and showing outstanding growth. Over 100% increase in value drove the token’s market capitalization above $5 billion. But as is always the case with cryptocurrencies, what rises must fall at least momentarily. Source: Coingecko Related Reading The coin’s surge is exhibiting indications of stalling after weeks of increasing momentum. Traders are now closely observing what can happen next for this once-red-hot asset. According to crypto price prediction…