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Cryptocurrency observers these days must feel as if they are suffering from a sense of déjà vu. Polymarket, a cryptocurrency-based prediction and betting platform, has been in the news for millions of dollars in bets placed on the recent US presidential election despite a ban on US users, but Web3 The biggest payments and commerce headlines came on Monday (October). 21) Stripe confirms plans to acquire stablecoin payment platform Bridge. “Stablecoins are room-temperature superconductors for financial services. Thanks to stablecoins, businesses around the world will benefit from significant improvements in speed, coverage, and cost in the coming years. Stripe is…

Volatility continues to rock the digital currency ecosystem, with Bitcoin (BTC), Chainlink (LINK), and Dogecoin (DOGE) taking center stage. According to current market data, the cryptocurrency market capitalization has decreased by 2.05% to $2.28 trillion. The correction in the broader cryptocurrency market is consistent with the stock market, according to data insights from Santiment, a cryptocurrency analysis platform. Advantages of Bitcoin, Chainlink and Dogecoin Santiment has actually profiled 10 digital currencies that it claims have “crowd optimism.” The analytical platform used this term to refer to coins that are being talked about by more community members. Topping the sifted list…

Cryptocurrency markets fell on Wednesday, with long crypto liquidations at their highest level since October 15th. Cryptocurrency price rise +/-Bitcoin BTC/USD $66,169.96-2%Ethereum ETH/USD $2,503.20-4.8%Solana SOL/USD $170.11+0.99%Dogecoin DOGE/USD $0.1364-2.7%Shiba Inu SHIB/USD $0.00001738-4.9% Notable statistics: According to IntoTheBlock data, large transaction volume increased by 0.7% and daily active addresses decreased by 12.5%. Transactions over $100,000 fell from 8,957 to 7,886 in one day. Exchange net flows decreased by 716.6%. According to Coinglass data, 83,751 traders liquidated for $228.61 million in the past 24 hours. Long liquidations in cryptocurrencies totaled $196.3 million, the highest level since October 15th. Notable developments: Top losers: Cryptocurrency…

Dogecoin price has struggled to break above the $0.1 support level, falling 4% in the past 24 hours, according to data from Coinmarketcap. If the bearish sentiment prevails, Dogecoin price could drop below the support level, leading market analysts to steer investors towards ETFSwap (ETFS), which is expected to deliver a 1,270% rally soon. I am. ETFSwap (ETFS) set to rise 1,270%, according to analysts ETFSwap (ETFS) valuation has analysts suggesting it will appreciate by 1,270% once it hits the market. In this evaluation, we looked at what ETFSwap (ETFS) has to offer, including a new trading platform and its…

Ripple (XRP) may still be a top 10 cryptocurrency, but its metrics say otherwise, as its growth has stagnated and earned it the title of “dead money.” Meanwhile, IntelMarkets (INTL) is turning the crypto world upside down with a massive 50x pump, surpassing even Litecoin (LTC). Let’s take a closer look at these ongoing trends. XRP price impasse: Why Ripple’s legal battle is weighing on its performance Ripple (XRP), part of the top 10 cryptocurrencies, is the least performing of all cryptocurrencies while experiencing minimal price fluctuations. For the past two weeks, the asset has been locked in a downward…

Ripple Labs CEO Brad Garlinghouse believes his company’s XRP spot exchange-traded fund (ETF) will become a reality. In a conversation with Sonali Basak and Tim Stenovec on Bloomberg TV on October 23, 2024, Garlinghouse highlighted the growing interest from institutional investors and retailers in cryptocurrencies. , suggested that XRP will follow in Bitcoin’s footsteps. He said there are now clear signs that both asset managers and the broader market are considering XRP’s potential within regulated investment vehicles. He observed that this move marks another important development for XRP. As Garlinghouse explained, the U.S. Securities and Exchange Commission (SEC) was initially…

Ripple CEO Brad Garlinghouse has said that even though his fintech company has been at loggerheads with regulators for years, the U.S. Securities and Exchange Commission (SEC) won’t let the company’s founders help build the virtual We are confident that we will approve exchange-traded funds (ETFs) for the currency. Fund manager Bitwise filed for an XRP ETF at the beginning of the month. If the fund is approved, it will be traded on stock exchanges and investors will be able to access XRP without actually owning the cryptocurrency. The filing came as a surprise because Ripple, whose founders developed XRP,…

There is a noticeable buzz in the crypto community as the US presidential election draws near. Both Democratic and Republican candidates have expressed their intentions to pursue pro-crypto policies, sparking a surge in US political betting. This is evident in Polymarket’s trading volumes breaking records and surpassing $380 million in July 2024 alone. Moreover, the platform’s monthly user count has grown to nearly 44,000 traders, up from roughly 4,000 in January. That same summer, during a campaign event at the Fiserv Forum in Milwaukee, Vice President Kamala Harris vowed that if she were the US president-elect, she would “focus on…

Coin98 has announced its participation in the Gas Free Carnival, which will allow users to transfer stablecoins on the BNB chain with zero gas fees. The event will run from 00:00 UTC on October 23rd to 23:59 UTC on November 22nd, 2024. See C98’s official tweet: C98 informationCoin98 is an all-in-one DeFi platform that aims to meet the untapped demand of the industry and be a gateway that bridges TradFi users to any DeFi service on multiple blockchains. We accomplish this mission through a suite of products including Coin98 Wallet, Coin98 Exchange, and Space Gate (cross-chain bridge).Coin98 Wallet: Allows users…

In a recent appearance on Bloomberg, Ripple CEO Brad Garlinghouse confidently stated that the introduction of an XRP ETF is “just inevitable.” He also predicted that the XRP ETF will “do quite well” due to the growth of the community around the XRP ecosystem. Garlinghouse also grilled the U.S. Securities and Exchange Commission, claiming it was dragged along “screaming” in approving a Bitcoin ETF in January. Of course, the ETF ended up being a huge success, recently surpassing $23 billion worth of total inflows into BlackRock’s IBIT alone. The head of Ripple sees ETFs as a major bullish catalyst for…