Day: November 15, 2024

$44 Million In Transactions As Activity Soars

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Este artículo también está disponible en español. XRP has been experiencing a significant increase in on-chain activity, which has resulted in a recent surge in its popularity. Analysts and investors have expressed interest in the XRP Ledger, Ripple’s digital payment platform, due to its increased transaction throughput. Related Reading CryptoQuant recently noted an increase in the NVT (Network Value to Transactions) Ratio of XRP in a post on X (formerly Twitter), which implies that on-chain activity has been increasing. This increasing NVT Ratio may indicate that the XRP network is…

ETF Exodus: Bitcoin Funds Bleed $400M—What’s Next?

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On Thursday, U.S. spot bitcoin and ethereum ETFs hit a snag, snapping a streak of inflows. Ethereum Funds Falter as Bitcoin ETFs Face $400M Outflow Bitcoin (BTC) saw a slight dip, slipping below $90,000, while U.S. spot bitcoin ETFs experienced outflows totaling $400.67 million. Not everyone took a hit, though. Blackrock’s IBIT picked up $126.53 […] Original

Bitcoin Shaky as Traders Bank Profits

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Bitcoin pared some of Thursday’s losses during the European morning to trade above $90,000. BTC remains over 1% lower in the last 24 hours, a possible sign of profit-taking following its surge above $93,000 earlier in the week. The drop was catalyzed by Fed Chair Jerome Powell’s hawkish comments that damped hopes of swifter interest-rate cuts. “The economy is not sending any signals that we need to be in a hurry to lower rates,” Powell said in prepared remarks at a Dallas conference. As of Friday, the market is pricing…

Dogwifhat (WIF) Retests $4 Resistance, Is $5 The Next Target?

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Este artículo también está disponible en español. Solana-based Memecoin Dogwifhat (WIF) is among the tokens leading the crypto market. The cryptocurrency surged over 40% in the last 24 hours, breaking above the $4 resistance zone following its Coinbase listing. As a result, some market watchers forecasted a massive WIF rally before year-end. Related Reading Dogwifhat Rallies 40% Amid Coinbase Listing Dogwifhat has been one of the best-performing memecoins of this cycle, seeing a 2000% surge to its $4.83 all-time high (ATH) in March. The token led the Solana meme frenzy…

Pepe surges post US election, Bonk and new viral meme coin trend worldwide

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Trump’s win sparks crypto bull market, with Bitcoin hitting new highs and meme coins like Pepe Coin, Bonk, and Cutoshi surging in popularity. In a landslide victory against the Democrats, President Donald Trump’s historic win as the 47th US President has sparked bull market euphoria across all financial markets especially crypto where he has promised to create a Bitcoin reserve when he takes over the White House. As Bitcoin…

Sol Strategies Purchases 4 New Validators in $18 Million Deal

Sol Strategies acquires four new validators to increase investment opportunities for shareholders via staking rewards. New Validators for Sol Strategies Four validators have been acquired by Sol Strategies (HODL), a cryptocurrency investment company run by Leah Wald, former CEO of Valkyrie Investments, for around $18 million in cash and stock. Validators are organizations that handle […] Source CryptoX Portal

Michael Saylor predicts Bitcoin will soar to $100k amid Trump’s pro-crypto administration

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MicroStrategy CEO Michael Saylor is expecting Bitcoin to hit $100,000 before the end of the year, stating that the 2024 U.S election outcome was ‘the biggest thing that’s happened in the past four years for Bitcoin.’ In an interview with CNBC on Nov. 14, the MicroStrategy CEO stated he is already planning a “New Year’s Eve” party at his house to celebrate Bitcoin (BTC) hitting an all-time-high of $100,000. When asked whether he sees any threats that could pull Bitcoin down to $30,000, Saylor expressed certainty that BTC will not…

Pro-bitcoin Matt Gaetz nominated as U.S. Attorney General

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Matt Gaetz, a Florida Representatives and American lawyer, has been nominated as Attorney General by President-elect Donald Trump. Gaetz was assigned due to his educational and career experience in law. President-elect Donald Trump nominated Matt Gaetsz, pro-bitcoin and Florida representative, to be the next U.S. Attorney General. Following this nomination, he resigned from the House of Representative on Nov. 13, 2024. According to the Nov. 13 X post, Trump praised Gaetz as a determined attorney committed to driving much-needed reform at the Department of Justice. Gaetz expects to prioritize ending…

Using Privacy Enhancing Technologies (PETs) to unlock value from data responsibly

Authors: Paul Comerford, Principal Technology Adviser at the ICO Sue Anie, Policy Advisor at the RTA Ben Moore, Senior Policy Advisor at the RTA On Thursday 7 November, DSIT’s Responsible Technology Adoption (RTA) Unit and the Information Commissioner’s Office (ICO) published the Privacy Enhancing Technologies (PETs) Cost-Benefit Awareness Tool. This resource is designed to help organisations understand and assess the costs and benefits associated with adopting a variety of PETs. Alongside this resource, we have also published a checklist to support organisations ensure they have considered these factors. The tool…

Binance Dominates As Bitcoin Futures Volume Hits New Peaks Amid Historic Price Rally

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Bitcoin has continued its bullish momentum streak, reaching a new all-time high on November 13 and triggering a wave of activity across the crypto market. In particular, the futures market has been significantly impacted, with a surge in trading volume for the BTC/USDT pair. This increase has highlighted an intense period of market engagement, with leading exchanges, particularly Binance, at the forefront of this trading frenzy. Record Trading Volumes And Market Volatility Risks A CryptoQuant analyst known as Crazzyblockk shared insights into the trading frenzy phenomenon, noting that the futures…