Day: October 15, 2024

Toncoin Sharpe Ratio Rising, Is TON Readying For $8?

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Toncoin has cemented its position as a top 10 coin. However, considering the weakness across the board, TON, the native currency, has not been spared the hammering. Although losses might be contained, the coin is down nearly 36% from 2024 highs, finding strong support at around $4.5. TON buyers are confident prices will recover, breaking above $6 in the coming sessions. However, its performance will be shaped by market sentiment and how Bitcoin reacts to local support and resistance lines. TON Sharpe Ratio Rising While there are external factors to…

Tesla’s automation will help with stablecoin adoption: Pompliano

Anthony Pompliano, founder of Professional Capital Management, believes Tesla’s push into automation could be the catalyst for widespread stablecoin adoption. In a recent post, Pompliano highlighted Tesla’s new autonomous vehicles and humanoid robots, introduced at the company’s Robotaxi Day event, as a potential turning point for digital currencies.  He argued that these innovations could lead to a new era in which stablecoins become the primary transaction medium in a machine-driven economy. Tesla’s advancements = more stablecoin use cases Tesla, led by CEO Elon Musk, unveiled a range of products at…

Blackrock CEO Larry Fink Declares Bitcoin an Asset Class, Rivaling Gold in Investment Potential

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Blackrock CEO Larry Fink has emphasized bitcoin’s growing legitimacy as an investment, calling it an alternative to commodities like gold. “We believe bitcoin is an asset class in itself,” said the CEO of the world’s largest asset manager. Fink downplayed regulatory changes, arguing broader acceptance and liquidity will drive market expansion. With the firm’s bitcoin […] Original

Shiba Inu Price Flashes Historical Bull Flag, Here’s What Happened Last Time

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Este artículo también está disponible en español. Technical analysis suggests that Shiba Inu is currently positioned at a critical price junction, one that could lead to a massive 400% breakout to the upside. According to an analyst on the TradingView platform, the current Shiba Inu price action is pointing towards a full breakout of a bull flag formation. If this interesting projection were to materialize as anticipated, it would put the meme-inspired cryptocurrency on a steady path to a return towards its current all-time high. Shiba Inu Price Waiting To…