Day: November 14, 2024

SocGen Crypto Arm to Bring Its Euro Stablecoin EURCV to XRP Ledger, Expanding Beyond Ethereum, Solana

Stablecoins, which are cryptocurrencies with their price anchored to government-issued currencies, are increasingly popular for payments across the globe, offering a more efficient and cheaper way to move money. As countries roll out regulations for the asset class, more banks are getting interested in issuing their own stablecoin. Spanish bank BBVA, for example, said it plans to issue a stablecoin on Ethereum next year using payment firm Visa’s tokenization platform. Source

Spot Bitcoin ETFs Record a Staggering $8B in Daily Volume—Market Gripped by ETF Frenzy

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U.S. spot bitcoin and ether exchange-traded funds posted another day of gains on Wednesday, with the leading crypto asset holding strong above the $90,000 mark. Bitcoin ETFs Soar: Blackrock, Fidelity Lead $510M Inflows On Nov. 13, the 12 spot bitcoin exchange-traded funds (ETFs) saw a strong inflow of $510.11 million. Leading the charge, Blackrock’s IBIT […] Original

Bitcoin price base case for 2025 is $180,000, VanEck’s Sigel predicts

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Bitcoin’s price continued its strong bullish trend this week, with many analysts believing that the rally has more room to run. Bitcoin (BTC) was trading at $91,200 on Thursday, Nov. 14, bringing its year-to-date gains to 115%. It has outperformed popular assets like the Dow Jones, Nasdaq 100, and S&P 500 indices. In a CNBC interview, Matthew Sigel, the head of digital assets at VanEck, said that the Bitcoin price rally had more room to run.  He expects that the coin will make repeated all-time highs in the next few…

Experts highlight FXGuys’ potential as Worldcoin and Dogecoin investors take notice

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors in top altcoins like Worldcoin and Dogecoin flock to FX Guys for a chance to reap 100x returns. Top altcoins have faced volatility as bulls continue dominating the crypto market. For instance, Worldcoin has slumped, while Dogecoin has pumped. Meanwhile, FX Guys, an upcoming DeFi and PropFi token, has made waves after showcasing the potential to jump 100x during its presale.  Why is FXGuys outshining established cryptocurrencies like…

Buy Dogecoin Now Or Wait? Analyst Points To Key Indicator

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Este artículo también está disponible en español. The Dogecoin price has put in a sensational performance since November 4th. In the past 10 days, Dogecoin has risen by an incredible 170%, with no major correction to date. After reaching its highest level since May 2021 at $0.4385 on Tuesday, the DOGE price was trading at just under $0.40 at the time of writing. Buy Dogecoin Now Or Wait? Crypto analyst Kevin (@Kev_Capital_TA), who recently gained significant attention on X (formerly Twitter) for his Dogecoin price analysis, has posted a series…

Trump-Supported World Liberty Financial (WLFI) Taps Chainlink Data Services as DeFi Platform Takes Shape

World Liberty Financial is spearheaded by Zachary Folkman and Chase Herro, who worked previously on DeFi platform Dough Finance, which saw $2 million of crypto assets drained through a July exploit. Members of the Trump family, including Donald Trump, publicly championed the project on social media, with the former president being titled as “Chief Crypto Advocate.” for the platform. Two of his sons, Eric Trump and Donald Trump Jr., are involved as “Web3 Ambassadors,” while his other son Barron Trump is listed as “DeFi Visionary.” Source

Bitcoin Trades Around $91K as ETF Inflows Remain Strong

Bitcoin traded either side of $91,000 after recovering from a dip to just above $89,000. BTC is 2% lower than its all-time high of $93,445, which it reached during the U.S. afternoon on Wednesday, but remains over 4% higher in the last 24 hours. Bitcoin ETFs recorded another $510 million of inflows Wednesday, taking the total for the last six days to $4.7 billion. “The Bitcoin ETFs are by far the majority driving force of bitcoin demand right now, soaking up almost all of the selling by Long-Term Holders. CME…

Legendary Brazilian Hedge Fund Manager Bets on Trump’s Allegiance to Bitcoin

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Luis Stuhlberger, a legendary Brazilian hedge fund pioneer, disclosed that Verde, the firm he leads, built a bitcoin position before Trump’s victory. The firm remarked that President Trump’s intentions should be taken seriously, including his cryptocurrency-linked proposals. Luis Stuhlberger’s Brazilian Hedge Fund Verde Bets on Trump’s Bitcoin Push While the current Bitcoin bull market originated […] Original