Genius Group to prioritize bitcoin as the primary asset for its treasury. Smart Bitcoin Investment for Genius Group Genius Group, an AI-powered education and acceleration group has decided to adopt a “bitcoin-first” strategy, making bitcoin its primary treasury asset. The adoption of this strategy came after the company reorganized its board with the addition of […] Original
Day: November 13, 2024
Short-Term Bitcoin Holders Move Millions To Binance—Is A Market Correction Imminent?
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…
Russia-India Trade Nears 90% Dollar-Free — A Game-Changing Pivot
The use of national and alternative currencies in Russia-India trade has reached nearly 90%, according to Russian First Deputy Prime Minister Denis Manturov. Speaking at a Russian-Indian intergovernmental commission meeting, Manturov emphasized the importance of expanding banking cooperation between the two countries. Trade turnover between Russia and India rose 9% in the first eight months […] Source CryptoX Portal
Dogecoin Craze Grips Korea, Fuels Price Premium on Local Giants Upbit and Bithumb
DOGE’s price has surged 78% since Trump’s election win a week ago. Source
BlackRock’s IBIT maintains strong inflows of $778.2m despite Bitcoin price correction
BlackRock’s IBIT fund continued to see strong inflows for the fourth consecutive day, with $778.2 million flowing into the fund on Nov. 12, while other ETFs experienced a slowdown as Bitcoin dipped below $86,000. According to data compiled by SoSoValue, the 12 spot Bitcoin ETFs recorded net inflows of $817.54 million on Tuesday, extending their inflow streak to five consecutive days and bringing the total accumulated inflows to over $4.2 billion. The surge in investment appears to be largely fueled by a wave of market optimism following Donald Trump’s re-election…
Trump Confirms Musk to Lead D.O.G.E as Traders Target $1
“Together, these two wonderful Americans will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies — essential to the ‘save America’ movement,” Trump said in the announcement posted on his Truth Social account. Source
Market ‘Pricing In A Higher Fair Value’ After 30% Surge
Este artículo también está disponible en español. Bitcoin (BTC) has performed remarkably over the past week, surging 30% since the November 5 US election. The flagship crypto surpassed its March all-time high (ATH), recording a new high nearly every day for the last seven days. Bitfinex analysts noted that the market remains “relatively stable” despite increased speculative activity. Related Reading Bitcoin ‘Fair Value’ Priced In At Higher Levels Following Donald Trump’s victory last Tuesday, the crypto market has seen a massive rally, surging to a market capitalization of $3.05 trillion.…
XRP price rare pattern points to Ripple hitting $1
XRP continued its strong bullish momentum, reaching a high of $0.6985, its highest level since March 14. Ripple (XRP) rallied for four consecutive days amid widespread optimism in the crypto industry. At its peak, the token was up over 80% from its lowest level this year. The surge coincided with a broad cryptocurrency rally, pushing the total market cap of all coins past $3 trillion for the first time since 2021. Bitcoin (BTC) approached $90,000, with analysts predicting it could hit $100,000 soon. Ripple’s rally is largely attributed to Donald…
Solana (SOL) Needs to Hold $200 for Next Rally: Will It Succeed?
Solana started a fresh increase above the $200 support zone. SOL price is correcting gains and must stay above $200 for a fresh increase. SOL price started a fresh increase after it settled above the $188 level against the US Dollar. The price is now trading below $212 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $210 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls…
Ethereum Pioneer’s New ‘Time Machine’ Makes Transactions Conditional on Future Events
“For example, a user could stipulate that a trade execute at a specified day and time conditional on a set of prerequisites,” the STXN team wrote in a press release shared with CoinDesk. “These prerequisites could be absolute, such as the dollar value of a particular asset, or relative – for instance, whether one asset is worth more than another. The potential permutations are almost unlimited, greatly increasing the dynamism of the largest blockchain for developers.” Source