Day: November 17, 2024

Ethereum Sees $1 Billion Exchange Outflow Alongside Bitcoin

boss

Este artículo también está disponible en español. Ethereum has witnessed a huge surge in on-chain activity in the past week, with data showing an accumulation trend from crypto exchanges. According to on-chain analytics platfrom IntoTheBlock, about $1 million worth of Ether was withdrawn from crypto exchanges last week. This shift suggests that investors are adopting a holding strategy, even as the Ethereum price consolidates below $3,200. Related Reading Notably, the last time Ethereum had outflows of this magnitude was in May 2023. The massive exodus of ETH from exchanges could…

On-Chain Data Unveils Key Holder Cohort Behind Breakout

boss

Este artículo también está disponible en español. Recent market dynamics have seen the XRP price surging past the psychological $1 mark for the first time since 2021. This marked a significant milestone for the XRP price, which has spent the majority of the last three years trading below $0.6.  Related Reading The rally, driven by key market dynamics and specific holder activity, highlights the role of strategic accumulation by large stakeholders. Particularly, on-chain data shows an intriguing trend among whales, sharks, and retail wallets. XRP Price Breakout To $1.26: Whale…

XRP Climb Above $1?, Fibonacci Levels Reveal More Gains Ahead

boss

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Margex Announces a Charting Partnership With TradingView

Margex integrates TradingView to simplify market analysis for users VICTORIA, Seychelles, Nov. 16, 2024 /PRNewswire/ — Margex, a cryptocurrency trading platform boasting ultra-convenient and user-friendly copy trading, is excited to announce a charting partnership with TradingView to elevate user experience. Margex is excited to integrate TradingView charts into its platform, enabling traders to benefit from the best-in-class visual analysis tools. This partnership aims to provide Margex users with seamless access to TradingView’s advanced charting tools, enhancing the best trading experience and empowering well-informed decisions in the market. Margex users can…

RFK Jr. Calls Bitcoin ‘A Hedge for Middle Class Americans’ Amid Treasury Secretary Contest

boss

On Saturday, Robert F. Kennedy Jr., the designated Secretary of Health and Human Services (HHS) for the Trump transition team, took to the social media platform X to declare that bitcoin is “a hedge against inflation for middle class Americans.” Bitcoin at the Forefront: Kennedy and Bass Spar Over Treasury Contenders This weekend, Kyle Bass, […] Original

Uncertainty Looms For Crypto As SEC And CFTC Leadership Transitions Unfold Under Trump

boss

Este artículo también está disponible en español. As Donald Trump prepares to take office for another term, speculation is intensifying regarding the future of crypto regulation, particularly concerning the leadership of the US Securities and Exchange Commission (SEC).  Recent social media posts by FOX journalist Eleanor Terret suggest that SEC Chairman Gary Gensler may be on the verge of resigning, possibly before Trump’s inauguration in January 2025. Pro-Crypto Candidates In The Running To Succeed Gensler According to sources close to the situation, Terret says Gensler’s resignation, which would leave his…

Latam Insights: Milei Advocates for Crypto Independence, Hive Updates on Paraguayan Mining Site

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Argentine President Javier Milei calls for maintaining cryptocurrency independence, Hive provides an update on its Paraguayan mining site, and World lands in Brazil. Milei Advocates for Crypto Independence: ‘Don’t Let States Take Over’ […] Source CryptoX Portal

SEI Follows SUI; Token Charges Higher With 18% Rally — Is $0.65 Possible?

boss

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…