Day: November 13, 2024

Price rollback sets the stage for an impending altcoin season

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s surge and dip stir debate on altcoin dominance. XYZVerse, a sports-focused memecoin, aims for 17,000% gains. Bitcoin‘s recent surge captivated the global markets, but its subsequent price dip has sparked debate about the future. Is this a mere pause before another leap, or could it be the signal for altcoins to shine? Investors are scrutinizing the trends, eager to identify which emerging cryptocurrencies might lead the next wave…

60% Rally Catches Whale Attention – Is More Growth Ahead?

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Este artículo también está disponible en español. Shiba Inu (SHIB) has had a significant surge this week, with its price increasing by over 60% in the last seven days. This increase is indicative of a broader trend in the cryptocurrency market, where significant coins such as Dogecoin are also reaping the rewards of overall market optimism. Related Reading SHIB’s ascent, presently valued at $0.00002803, is gathering traction, drawing the interest of both retail and institutional investors. In the past 24 hours, SHIB’s trading volume reached $5.69 billion, clearly indicating market…

Senator to Push the Bill in Trump’s First 100 Days

The Senate hopes to push through a Bitcoin reserve bill in the first 100 days of Trump’s presidency while the Republicans consult on crypto policy. American Senator Cynthia Lummis expressed optimism that plans to create a strategic Bitcoin (BTC) reserve will be implemented soon after Donald Trump‘s inauguration. “I believe we can get this done with bipartisan support in the first 100 days if we have the support of the people. It is a game changer for the solvency of our nation. Let’s put America on sound financial footing and…

Dogecoin Price To $20? Higher Montly Close Suggests 8,000% Run Is Possible

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Este artículo también está disponible en español. The Dogecoin price is starting to reverse some of its gains it made last week. At the time of writing, the Dogecoin price is down by 9% in 24 hours, but it is in a good place to reverse these losses very soon.  Particularly, Dogecoin is still on track to close the month at a very long bullish candle. Notably, crypto analyst Trader Tardigrade highlighted this phenomenon for the Dogecoin price on social media platform X. As pointed out by the analyst, Dogecoin…

Polymarket CEO Shayne Coplan’s Home Is Raided by FBI

“This is obvious political retribution by the outgoing administration against Polymarket for providing a market that correctly called the 2024 presidential election,” the spokesperson said in a statement. “Polymarket is a fully transparent prediction market that helps everyday people better understand the events that matter most to them, including elections.” Source

Zero Gravity Labs, 0G Foundation Garner $290 Million for AI System Development

Zero Gravity Labs (0G Labs) announced it has secured $290 million in financing to support the development of what it claims will be the world’s first decentralized artificial intelligence operating system. Decentralized AI Operating System Project 0G Gains $290 Million in New Funding Zero Gravity Labs (0G Labs), a primary developer within the 0G ecosystem, […] Source CryptoX Portal

ADA On Fire: Cardano 80% Surge Sparks 1,700% Bullish Forecast

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Renowned for its emphasis on sustainability and scalability, the blockchain platform Cardano has seen a notable increase recently. ADA, its native token, is surging nearly 80% in the last week, to the delight of investors. With long-term predictions considerably more hopeful, they are now projecting a possible upside that may drive ADA’s price as high as $2.77 in the next months. However, technical indicators hint to ADA perhaps being underpriced right now, trading 16.99% below target forecasts for the next 30 days, data from CoinCheck up shows. Based on current…

Will Trump Make Bitcoin America’s Reserve Currency? Polymarket Bettors Say Maybe

Donald Trump’s potential move to establish a national bitcoin reserve sparks interest on Polymarket. Polymarket Users Place Bets on U.S. Bitcoin Reserve In an interesting turn, Polymarket, a decentralized prediction market platform, has seen some activity in a bet worth $262,098 that wagers on the possibility of President-elect Donald Trump establishing a national bitcoin reserve. […] Source CryptoX Portal

Reinvent Ethererum, and Just Don’t Break Bitcoin

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Loyal readers of The Protocol will recall that we launched this newsletter on April 26, 2023, to cover technological developments across the blockchain industry, after winding down its predecessor, Valid Points, which was focused exclusively on Ethereum. (In case you’re interested in that history, we wrote here about how we turned $15,000 into $70,000 running an Ethereum validator.) We started covering Bitcoin technology in the newsletter along with Solana and Cosmos and Sui and everything else. Over time, the format evolved, and got a bit longer — as I increasingly…

How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America

One of the biggest roadblocks in converting Latin American investors to concept of crypto, is education about the sector. Cryptocurrencies, which don’t have a physical existence like gold or cash, can be a difficult concept for investors to grasp. “Latin American investors are still very traditional,” she added. “They tell me they only invest in things that they can stand on, or things they can touch. We’re trying to change that mentality… we need to prove to them that these technologies actually work.” Source