Day: October 15, 2024

Bitcoin Stochastic Breakout Puts BTC Price Above $500,000, Here’s When

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Este artículo también está disponible en español. Bitcoin investors are still dwelling in excitement in light of a recent breakout towards $66,000.  This rally has reignited bullish sentiment across the market, with many traders now anticipating higher highs for Bitcoin and other cryptocurrencies. According to a crypto analyst, this breakout has seen the stochastic indicator print a signal to a rally that could send Bitcoin to the $500,000 price target. Stochastic Breakout To Send BTC Price Above $500,000 Taking to social media platform X, a crypto analyst known as Tarder Tardigrade…

Why This ETF Expert Is Bullish on Ethereum and Says Washington’s Crypto Stance Is Misunderstood

The White House took an adversarial stance towards crypto through most of U.S. President Joe Biden’s term – for example, going out of its way to veto a controversial accounting measure, SAB 121, which makes it hard for banks to custody crypto. But things started to change when former President Donald Trump said in May that he’d champion the industry. He then doubled down by vowing to constitute a strategic bitcoin reserve, to free Silk Road creator Ross Ulbricht from prison and to help the bitcoin mining industry develop in…

Why Tokens Will Lead the Next Wave of Financial Innovation

These programmable containers can represent anything of value — stocks, bonds, art, intellectual property — just as a website can be “programmed” to contain any kind of information online, like a storefront, social media site, or government landing page. Tokens are also accessible to anyone around the world with an internet connection, and eliminate the need for many traditional intermediaries. Embedded technology like smart contracts can automate functions once handled by brokers, exchanges, and transfer agents, reducing both friction and fees. Source BitcoincryptoexchangeExchanges CryptoX Portal

Crypto Investor Arthur Cheong Predicts Base Will Flip Coinbase’s Centralized Exchange Platform Volume

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Venture capitalist Arthur Cheong thinks Coinbase’s Ethereum (ETH) layer-2 scaling solution Base is primed to witness a surge in trading volume. The DeFiance Capital CEO predicts on the social media platform X that on-chain spot decentralized exchange (DEX) volume on Base will flip Coinbase’s centralized exchange (CEX) volume “within six to 12 months.” “Makes logical sense when you think about it, and it all comes together with the DeFi (decentralized finance) Renaissance thesis.” Cheong believes Base is “the future of Ethereum.” He also sees the DeFi sector surging alongside memecoins.…

Brace For Impact: XRP Primed For Massive ‘Explosion,’ Analyst Says After Key Break

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Price movement of XRP has been slow recently; it stays about $0.53 and shows a 7% drop over the previous month. Many investors are becoming frustrated as they see the altcoin stagnating after a bit of an increase recently. Despite the weak performance, technical analysts are starting to see possible signals of a major change despite the negative vibe; if XRP effectively crosses an important Fibonacci retracing level, they project a strong recovery. Market analyst “Random Crypto Pal” thinks XRP is about to break out in an “explosive” manner. On…

American Conference Institute Is Excited to Announce the 3rd Forum on Digital Assets: Compliance, Enforcement and Regulatory Oversight.

PRESS RELEASE. New York, NY – October 15th, 2024 – With digital assets rapidly transforming the financial landscape, the importance of understanding the regulatory and compliance challenges cannot be overstated. ACI’s 3rd Forum on Digital Assets: Compliance, Enforcement & Regulatory Oversight will deliver unparalleled insights into the regulatory frameworks that are shaping the future of […] Source CryptoX Portal