Day: November 2, 2024

These 4 altcoins could turn $400 into a $1.4 million portfolio by 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Small crypto investments could yield big returns by 2025, with coins like XYZVerse, an all-sport memecoin, showing high growth potential. The cryptocurrency market is presenting opportunities where small investments might yield substantial returns by 2025. With strategic choices, it’s possible to transform a modest amount into considerable wealth. Identifying altcoins with exceptional growth potential is key for those aiming to maximize their portfolios. Certain digital assets are attracting attention…

Ethereum Must Stay Above $2,480 For This Bullish Signal To Hold True – Analyst

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Ethereum (ETH) exhibited a dual-phased market movement in the last week rising by over 9% to reach a local peak of $2,711 on October 30, before declining by an almost similar measure. As the prominent altcoin now hovers around the $2,500 price mark, crypto analyst Ali Martinez has highlighted an important market condition that could ignite a price rebound. Ethereum Buy Signal Subject To Vital Price Support In an X post on November 1, Martinez stated that TD Sequential has indicated a buy signal on the ETH 4-hour chart. For…

BNB Token Burn: $1 Billion Of Tokens Sent To ‘Black Hole’ Address — Impact On Price?

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On Friday, November 1, the BNB Foundation announced the successful completion of the 29th quarterly burn by the BNB Chain. This latest event of the routine token burn reiterates the project’s commitment to a deflationary approach in order to ensure growth. A total of 1,772,712.363 BNB tokens (worth approximately $1.07 billion) were automatically burned in this quarter’s event. According to the foundation’s blog post, this quarter’s burning was (and subsequent token burning events will be) performed directly on Binance Smart Chain (BSC), with the burn amount sent to a “black…

Invest $300 and potentially grow it to $1M by 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A $300 investment in crypto today could potentially grow to $1 million by 2025. Explore promising coins and paths to wealth. Can a small investment today lead to a massive fortune by 2025? The world of cryptocurrency offers opportunities that could make this possible. This article uncovers promising digital coins that might turn a modest $300 into $1 million within a few years. Explore the paths to potential wealth…

Mt. Gox Stirs Market with 500 Bitcoin Transfer to Unknown Wallets—What’s Next for BTC?

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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…

3 reasons Cardano and XRP investors are rushing to buy this new token under $0.001

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors are shifting focus to XYZVerse, a new token with a low entry price, attracting seasoned traders seeking growth. Investors in top cryptocurrencies are rapidly turning their attention to a new token with a remarkably low entry price. This emerging asset is generating excitement among those seeking significant returns beyond their current holdings. Its unique approach and potential for explosive growth are capturing interest from seasoned traders looking for…

$2.3 Billion Gains And What Lies Ahead For The Stablecoin

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Este artículo también está disponible en español. On Thursday, Tether (USDT), the world’s largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC).  Total Tether Assets Reach All-Time High Conducted by accounting firm BDO, the report highlights Tether’s growth, with a net profit of $2.5 billion for Q3, contributing to a consolidated profit of $7.7 billion for the first nine months of 2024. This marks a significant achievement for the company, with total assets reaching an all-time…

UBS launches first tokenized investment fund on Ethereum

UBS Asset Management has introduced its first tokenized investment fund on Ethereum. Named “UBS USD Money Market Investment Fund Token,” or ‘uMINT,’ the fund is built on Ethereum (ETH) for various authorized distribution partners across Singapore, per UBS. Tokenization is a process that converts traditional assets, like stocks or bonds, into digital tokens that can be managed on a blockchain, the decentralized technology underlying crypto like Bitcoin (BTC) and Ethereum.  These digital tokens represent a share of the asset, enabling investors to buy, sell, or hold portions of traditional financial…

SUI Eyes Potential Breakout Amid Market Retrace, Is $2.30 Next?

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Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities…