U.S. Senator Cynthia Lummis proposed a Bitcoin national strategic reserve by selling some of The Federal Reserve’s gold, rather than buying from government budget. Cynthia Lummis, a Republican Senator, plans to push President-elect Donald Trump’s masterplan for Bitcoin into reality. Lummis has mentioned, in an interview with Bloomberg, that some of The Federal Reserve’s gold could be sold to buy more Bitcoin, rather than buying from the federal government budget. “We already have the financial assets in the form of gold certificates to convert to Bitcoin,” Lummis said. Following her…
Day: November 17, 2024
Mantra (OM) Hits New ATH On 132% Weekly Surge
Este artículo también está disponible en español. Analysts are confident that Mantra’s price could move upward as key indicators show a potential hike. Related Reading The cryptocurrency has become one of the top performers in the altcoin market as daily active addresses surged by 570% and hit an all-time high. Active Addresses Soar Analysts pointed out that there is a growing excitement among Mantra holders as they are anticipating a possible airdrop in the upcoming days. Cosmos Airdrops made the announcement as the coin recorded a new all-time high and…
Despite the Bull Run Prices, AI Cryptos Are Struggling at 18th in Sector Rankings
The latest market data shows artificial intelligence (AI)-focused coins haven’t quite joined the party, missing out on the notable gains witnessed across the crypto universe. AI Crypto Tokens: Who’s Winning and Who’s Falling Behind This Month? Over the last 30 days, the artificial intelligence (AI)-based crypto sector was a bit of a straggler, left in […] Source CryptoX Portal
Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead?
Este artículo también está disponible en español. Bitcoin has maintained its bullish momentum over the weekend, solidifying its position above the $90,000 mark. This milestone showcases Bitcoin’s resilience as it continues to captivate investors with its upward trajectory. The market has been buzzing with optimism as Bitcoin inches closer to new highs. However, recent on-chain data suggests that a potential pullback could be on the horizon. Related Reading Key data from CryptoQuant reveals that Bitcoin miners have sold over 3,000 BTC in the past 48 hours. This wave of miner…
Solana Breaks Above Key Resistance At $225 – ATH Next?
Este artículo también está disponible en español. Solana (SOL) has captured the market’s attention after a series of volatile days, finally breaking above the $225 mark to reach new yearly highs. Currently trading at $235, Solana sits just 10% below its all-time high, sparking excitement among investors and analysts alike. Related Reading Top analyst Ali Martinez recently shared a chart highlighting Solana’s potential for further upside. According to Martinez, the price is targeting the $250 level, which represents a critical supply zone. A successful breakout above this level could pave…
DOT and XRP set to grow big, but this new solid coin could redefine the market
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Polkadot and Ripple show growth promise, while a new cryptocurrency emerges, poised to reshape the digital currency market. Polkadot and Ripple are drawing significant attention with promising signs of substantial growth. Meanwhile, a unique new cryptocurrency is on the horizon, poised to potentially transform the entire market. Its unique attributes and solid foundation could make it a true changer. What sets this coin apart, and how might it reshape…
Bitcoin’s $90K Era: A Fleeting Moment or the Start of a New Chapter?
On Sunday, Nov. 17, bitcoin is holding steady above $90,000, a figure that it has flirted with multiple times since Nov. 12. The leading cryptocurrency, however, remains in the price discovery phase, having occupied this range for just 0.0691% of its entire existence. Price Discovery in Action: Bitcoin’s Dance Around $90,000 Five days ago, bitcoin […] Original
Spot Ethereum ETFs See $515 Million Record Weekly Inflows – Details
The US-based spot Ethereum ETFs have continued to experience a high market interest following Donald Trump’s emergence as the next US President. As institutional investors continue to position themselves for a massive crypto bull run, these Ethereum ETFs have now registered over $500 million in weekly inflows for the first time since their trading debut in July. Meanwhile, the spot Bitcoin ETFs maintain a splendid performance, closing another week with over $1 billion in inflows. Spot Ethereum ETFs Notch Up $515M Inflows To Extend 3-Week Streak According to data from ETF…
Bitcoin 2024: Ten Months in Review, Key Milestones, and Expert Predictions for Year-End
As of Nov. 11, 2024, bitcoin (BTC), the undisputed crypto heavyweight, has enjoyed a phenomenal year. Over the last ten months, it has been breaking records across the board. From hashrates to daily transaction peaks, price surges, and making an impact in non-fungible tokens (NFTs) and decentralized finance (defi), BTC has been on a non-stop […] Original
A quest for a crypto that could make someone a millionaire
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Emerging tokens like DOGEN, FLOKI, WIF, and BONK are surging, sparking interest in their potential for substantial wealth gains. Emerging digital coins are stirring excitement, hinting at the chance for substantial gains soon. Tokens such as DOGEN, FLOKI, WIF, and BONK are grabbing headlines with their swift climbs and lofty promises. Is there a real opportunity to amass significant wealth through these assets in the coming months? This discussion…