The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Aug. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the piece, Feng explores how bitcoin miners are branching out into high-performance computing (HPC) and artificial intelligence (AI) cloud […] Original
Day: October 12, 2024
Investors turn to CYBRO presale for gains as major cryptos like POL and AVAX decline
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As major cryptocurrencies decline, investors are flocking to CYBRO’s presale for stable profits, seeking insights on promising digital assets. Amid a downturn in major cryptocurrencies, investors are shifting their attention to CYBRO’s highly rewarding presale. With potential for stable profits, this emerging opportunity is capturing the market’s interest. Insights are offered into which digital assets may be poised for upward movement, promising readers valuable information on their next lucrative…
Latam Insights: Venezuela Reaches Crypto Milestone, Consortium Announces Real Stablecoin
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Chainalysis states Venezuela was the country where cryptocurrency markets grew most last year, Brazilian giants team to launch a real-pegged stablecoin, and Littio leveraged Avalanche to offer yield-bearing dollar-based savings accounts. Chainalysis Latam […] Source CryptoX Portal
Expert Dissects $60 Forecast For XRP Price
Este artículo también está disponible en español. A particular crypto analyst has boldly predicted that XRP price could rise to $60, driven by the influx of demand and capital from institutional investors as it taps into the market share or daily volume of the SWIFT, a global messaging solution for banking and payment. Related Reading XRP Eyes $60 With SWIFT’s Volume Boost In a recent X (formerly Twitter) post, Levi Rietveld proposed a unique scenario where XRP’s price could potentially surge to $60, marking a staggering increase of approximately 11,220%…
Bitcoin ETFs Climb With $253M Inflows as Ethereum Funds Show Weakness
On Friday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) shook things up, recording net inflows of $253.54 million. Meanwhile, the nine spot ethereum ETFs had a rougher day, with modest outflows totaling around $97,110. Friday’s Crypto ETF Action The spot bitcoin ETFs saw gains, pulling in $253.54 million in total on Oct. 11. Fidelity’s […] Original
Analysts Consider These 2 Chains Might Become Ethereum Killers
ETC Group, a Bitwise-owned London-based fund issuer, examined the possibility of Solana and Aptos becoming the next Ethereum in its latest newsletter. Their analysts revealed that while these two chains have grown and enjoyed momentum, Ethereum is still the overall leader according to ETC Group’s Network Dominance Index. ETC Group Analysts Reinforce Ethereum Market Dominance […] Source CryptoX Portal
Cardano Whales Move $6 Billion In One Day, Fuel For ADA Price To Reach $0.5?
Este artículo también está disponible en español. In an interesting move, Cardano (ADA) has rebounded by almost 4% in the past 24 hours, in what seems to be an uptick in activity among large ADA holders. The price of ADA started the week on a bearish note and spent the majority of the week trending downwards. Particularly, the ADA price fell by about 9.5% to bottom out at $0.33260. However, the crypto has rebounded and has increased by about 6% from this low. This price rebound was accompanied by a…
Bitcoin Ticks Up in Price As Bankrupt Crypto Exchange Mt. Gox Delays Deadline for Long-Awaited BTC Repayments
Bitcoin (BTC) surged by more than 6% on Friday amid news that the bankrupt crypto exchange Mt. Gox will extend the deadline on its remaining creditor repayments. Mt. Gox started paying back its creditors in July and has “largely completed the Base Repayment, Early Lump-Sum Repayment, and Intermediate Repayment” in the months since, according to a statement published on the bankrupt exchange’s website. “However, many rehabilitation creditors still have not received their repayments because they have not completed the necessary procedures for receiving repayments. Additionally, a considerable number of rehabilitation…
TRAC and TAP Protocol: An Innovative Bitcoin Layer One Solution
Until recently, the Bitcoin ecosystem hasn’t seen much development. Now it is rapidly evolving, with numerous projects aiming to enhance Bitcoin’s scalability and functionality. In this early stage, there are many methods being tried out to expand Bitcoin’s rather limited capabilities from sidechains to layer twos (L2). One of the more novel approaches is TRAC […] Original
Ethereum MVRV Score Signals Cooling Market Momentum, Time To Buy?
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…