This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Polymarket, Traditional Markets, and Crypto Markets Are Predicting a Trump Victory A widely circulated sentiment for the past week on CT and Fintwit is that markets are positioning for […] Source CryptoX Portal
Day: October 26, 2024
XRP Active Addresses Hits 6-Month Peak—Could A Market Shift Be Coming?
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
This crypto could be next to deliver 100x gains by 2025
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Insiders reveal a crypto asset with potential for 100x growth by 2025, marking an unprecedented investment opportunity this October. An unprecedented opportunity in the cryptocurrency market is emerging this October. A select group of insiders hints at a digital asset poised for exponential growth, potentially increasing in value a hundredfold by 2025. This article explores the details of this remarkable prospect that could redefine investment strategies in the crypto…
Exploring Proposer-Builder Separation and Its Impact on Blockchain Centralization
Rebeca Moen Oct 26, 2024 09:32 Proposer-Builder Separation (PBS) aims to mitigate validator centralization in blockchain, yet it may lead to builder centralization. Discover insights from Agostino Capponi’s research. Proposer-Builder Separation and Blockchain Dynamics In the evolving landscape of blockchain technology, the concept of Proposer-Builder Separation (PBS) has emerged as a potential solution to reduce centralization among validators. This framework, introduced by Ethereum, seeks to create a competitive market by decoupling the roles of block proposing and block building. By doing so,…
8 Chinese Firms Exposed in High-Stakes Crypto Laundering Operation
Indictments reveal how eight Chinese firms used cryptocurrency to obscure profits from illegal chemical sales. US Indicts Chinese Firms Using Cryptocurrency in Illicit Trade The U.S. Department of Justice (DOJ) has unsealed indictments against eight China-based chemical companies and employees for their alleged involvement in trafficking fentanyl precursor chemicals and laundering money through cryptocurrency. Filed […] Source CryptoX Portal
Ethereum Netflow Spikes To Derivatives Markets – Is a Price Swing on the Horizon?
Este artículo también está disponible en español. Ethereum (ETH) has experienced a lackluster phase in recent weeks, with the asset seeing small price surges but still struggling to hold near or above the $3,000 mark after a brief rally in August. According to a recent analysis from a CryptoQuant analyst, the behind the scenes of this price struggle for ETH has been quite interesting, with the asset seeing a significant shift in its netflow. This shift in Ethereum’s netflow could have significant implications for ETH, potentially influencing the market’s reaction…
BRICS Isn’t Anti-West but Won’t Tolerate Western Currency Domination, Russian Official Says
BRICS has condemned Western economic dominance and currency control tactics, accusing the West of using reserve currencies as “weapons” to maintain its monopoly. BRICS Says No to Western Monopoly, Criticizes Currency Control Strategies Russia’s Deputy Foreign Minister and BRICS Sherpa Sergey Ryabkov has clarified that the BRICS alliance is not intended as an anti-Western bloc […] Source CryptoX Portal
Bitcoin To $100,000 By February 2025? Analyst Explains Why
Este artículo también está disponible en español. The current trajectory of Bitcoin (BTC) prices could push it to the $100,000 mark within the next 90 days, regardless of the results of the U.S. presidential election. Bitcoin At $100,000 By February 2025? Crypto analyst Timothy Peterson suggests that BTC’s current price movement is not substantially different from previous trends, raising questions about the “diminishing marginal returns” theory. Related Reading From an investor’s perspective, Bitcoin’s diminishing marginal returns theory implies that each halving cycle leads to smaller successive price gains, as the…
Feds Target Businessman in Alleged Web of Secret Crypto Deals
The U.S. has accused a businessman of running an unlicensed cryptocurrency operation that allegedly enabled secretive “off-the-books” transactions. Unlicensed Crypto Transactions: Businessman Christopher Scanlon Indicted on Federal Charges Christopher James Scanlon, a Florida-based businessman, faces federal charges for allegedly operating an unlicensed cryptocurrency and fiat currency transmitting business, the U.S. Department of Justice (DOJ) announced. […] Source CryptoX Portal
Ethereum Underperforming, Don’t Blame The Network Or Leadership: Here’s Why
Este artículo también está disponible en español. Ethereum is the laggard in this bullish cycle. When Bitcoin soared to register fresh all-time highs, easing past $70,000 in March, ETH prices struggled to break $4,000. When it did, the best the coin could do was retest $4,100 before dumping hard. In the past seven months, after the second most valuable coin registered 2024 highs, it is down nearly 40%. Considering its performance over the past three months, there are concerns that Ethereum could post even more losses. Technically, this may be…