Coinshares International has opened an office in New York City, marking a key step in its strategy to expand in the United States. The company aims to bolster its presence in the U.S. financial market through this move and recent acquisitions. Coinshares’ New Office Signals Major U.S. Push According to the announcement, the New York […] Source CryptoX Portal
Day: October 22, 2024
53% Of Binance Traders Are Shorting Bitcoin – What Does This Mean For Price Action?
Este artículo también está disponible en español. After several weeks of sustained upward momentum, Bitcoin is currently holding above $66,000. The price has recently encountered resistance at the crucial $69,000 level, which is expected to take time and significant liquidity to overcome. Key data from Binance reveals that more than half of futures traders have shorted BTC in the past few hours, creating a divisive environment for price action. Related Reading The futures market often serves as a barometer for momentum and liquidity, signaling potential shifts in Bitcoin’s price movement.…
‘All Roads Lead to Inflation’ — Why Legendary Investor Paul Tudor Jones Is Betting on Bitcoin
Veteran investor Paul Tudor Jones shared his thoughts on CNBC this past Tuesday, confidently stating that he’s sticking with hard money like gold and bitcoin. In his view, any other option leads straight to inflation. What’s Driving Paul Tudor Jones’ Latest Push for Bitcoin, Gold and Commodities? Jones is optimistic about both gold and bitcoin, […] Original
Solana Comeback Sparks Buzz With 2,500% Surge Projection
Este artículo también está disponible en español. Is Solana crypto ripe for a possible huge price rally? Some market analysts believe it does, seeing that the crypto is moving in a favorable pattern. Investors and traders are now paying attention to Solana after an impressive comeback, allowing the digital currency to once again hit a two-month high. Related Reading Solana Set For A Historic Price Rally Several analysts predicted that Solana could gear up for an exponential price rally after the crypto successfully rebounded from a slump in August. According…
A Major Improvement to Bitcoin Cash Will Smash Developer Bottlenecks
Andrei Terentiev, CTO of Bitcoin.com, explains why Bitcoin.com has thrown its full support behind Bitcoin Cash Improvement Proposal 2021-05. CHIP-2021-05 Gains Bitcoin.com’s Support With Promise Of A New Era for Bitcoin Cash Smart Contracts Bitcoin.com endorses Bitcoin Cash Improvement Proposal (CHIP) 2021-05 VM Limits: Targeted Virtual Machine Limits. The current VM limits, while necessary for […] Original
Analyst Says BTC Price Could Reach $230,000 If It Follows This Structural Path
Este artículo también está disponible en español. A crypto analyst has projected a significant break to the upside for Bitcoin, drawing parallels to similar breakouts in traditional assets in the tune of the Gold and the S&P500. According to a technical analysis of the current price action, Bitcoin is playing out a cup and handle pattern, which could send it surging to bullish price targets above $230,000. Bitcoin Cup And Handle Cascade According to a technical analysis, Bitcoin appears to be forming a textbook cup and handle pattern on the…
Andy Barr’s ‘Vision’ for House Financial Services
“We have serious people working in financial innovation that can create a lot of jobs, generate wealth, cement America even more as the world’s financial juggernaut,” he said. “But there are pitfalls, and there are things to watch out for, and regulators and lawmakers need to make sure we’re building a foundation, but not an overly prescriptive set of rules. So I think it’s hard to sit here and not get excited about some of the innovation that’s happening, but at the same time, how are we going to regulate…
DOGE may lose market share to DeFi altcoin DTX Exchange after US elections
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin rose 2.3% to $0.116 as geopolitics calm, but experts warn it may face challenges from DTX Exchange’s $5.3M presale. DOGE’s recent performance and market Dogecoin (DOGE) rose 2.3% to $0.116 on October 15. Market is optimistic as geopolitics calm down. But experts say Dogecoin could be in trouble with DTX Exchange (DTX). DeFi is growing and memecoins like Dogecoin might not be able to keep up. DTX Exchange,…
Tether (USDT) CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation
“There is no place like the U.S.,” he said via video link at DC Fintech Week in Washington. “I think it’s very, very important that sensible crypto regulations and stablecoin regulations will come to fruition in a way that will protect the end users,” he said, predicting that would happen in the U.S. Source
Aurum Launches $1B Tokenized Fund for Data Center Investments on XRP Ledger With Zoniqx
The vehicle will focus on data center investments across the U.S, United Arab Emirates, Saudi Arabia, India, and Europe, claiming to be the “world’s first combined equity and debt tokenized fund.” Source