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Crypto analyst Miles Deutscher expects Bitcoin BTC/USD and some altcoins to rise significantly in the coming months, suggesting potential gains for investors. What Happened: In a recent YouTube video, Deutscher highlighted Bitcoin’s bullish trajectory, noting that it has remained above its 2021 highs for eight months. He predicts that Bitcoin could reach $100,000, supported by inflows into the Bitcoin Spot ETF. Deutscher also expects market volatility to increase, especially around the US presidential election, and advises investors to take advantage of these declines to accumulate strong altcoins. He encourages investors to take advantage of these sell-offs to accumulate strong altcoins…

SHANGHAI, Oct. 23, 2024 /PRNewswire/ — In recent years, with the acceleration of global digital transformation, blockchain technology has rapidly evolved into a key component of modern economic systems. From financial services and supply chain management to data security, blockchain application scenarios are continuously expanding, accelerating the rise of decentralized economic models. At the heart of this transformation, blockchain hardware plays a fundamental role, ensuring the efficiency and security of blockchain networks. The release of the 2024 Global Blockchain Hardware Industry White Paper by Frost & Sullivan aims to provide industry players with deep market insights and highlight key trends…

Next Generation predicts an impressive growth trajectory for stablecoins and expects them to emerge as the dominant payment method by 2029. According to Finextra, the company’s president, Suren Khairyan, said 2024 was a pivotal year, marking significant advances in blockchain technology that will be essential to improving transaction speed, accessibility, and cost efficiency across the financial sector. emphasized.This year, stablecoin market capitalization set a new record and reached an all-time high due to cutting-edge technology, a clearer regulatory framework, and increased adoption by institutional investors. This surge has been supported by strong demand for stablecoins, especially those pegged to the…

12:05 ▪ 3 min read ▪ Written by Eddie S. In his latest article, “Future Possibilities for the Ethereum Protocol, Part 4: The Verge,” published on October 23, 2024, Ethereum co-founder Vitalik Buterin discusses the potential future evolution of the Ethereum protocol. I am considering. In this article, we will focus on “The Verge”, a key phase of Ethereum’s roadmap aimed at increasing the efficiency and verifiability of the crypto network. Crypto: Vitalik Buterin presents “The Verge” One of the main objectives of “The Verge” is to support stateless clients. This approach significantly reduces storage requirements for a complete validation…

Wenli Soul, Principal Analyst at CryptoQuant, recently published a detailed analysis of on-chain activity on the XRP Ledger, showing various metrics. This analysis, which covers the period from September 15th to October 15th, shows that despite the general perception that the XRP Ledger is less well known to retail investors than other major Layer 1 networks, Transaction volumes indicate that the company remains competitive. In particular, it provides a breakdown of key on-chain metrics, token activity, NFT trading, and automated market maker (AMM) liquidity. XRPL’s basic on-chain metrics show mixed signals The report highlighted mixed results across the fundamental metrics…

Recognition and technological advances will go a long way in pushing the cryptocurrency community to the next level. For example, Elon Musk endorsed Dogecoin (DOGE) by mentioning it while responding to the audience at Trump’s rally, leading to a price increase. Meanwhile, Africa wants easier access to cryptocurrencies, and a partnership between two major payment portals could make that happen. Meanwhile, BlockDAG (BDAG) is pushing its own course, hitting $100 million in presale phase 24 and launching an upgraded website that significantly improves the user experience. The presale trajectory shows that this project is set to reach impressive milestones in…

Founded in 2018 by cryptocurrency company Circle, USDC is currently the second largest stablecoin in the world, with over $30 billion of tokens in circulation.Null Photo | Getty ImagesLONDON — Stablecoin legislation is likely to be introduced in the UK within “months, not years”, according to the head of policy at crypto firm Circle.Dante Disparte, head of global policy at Circle, said the UK will soon introduce legislation on stablecoins, a type of virtual currency that aims to maintain a certain peg with government currencies such as the US dollar and the British pound. He said he expected to submit…

Thumbs Up: O’Money and Ethicsauxmoney and Ethic are leveraging fintech innovation to integrate ESG factors to promote responsible financial decision-making and make significant progress in sustainability.A frontrunner in financial inclusion, auxmoney operates Europe’s leading digital lending platform, with a cumulative transaction volume of around €6 billion by mid-2024. Central to the company’s sustainability strategy is the issuance of social bonds, which aim to provide institutional investors with an attractive asset class that delivers social impact. These bonds fund loans to underserved groups, including students, pensioners, low-income households, and the self-employed, among other borrowers who are often excluded from the traditional…

Important points Litecoin (LTC) has been rejected by prolonged diagonal resistance. LTC trades within a short-term ascending parallel channel. If Litecoin goes down, where can we find support? Litecoin broke below the long-term upward support trend line in July. It has increased since then, but two attempts to regain the trend line have failed. Let’s analyze Litecoin’s price trend and see if LTC can gather enough strength to regain the trend line or if it has started a downtrend and is making new lows. Litecoin cannot regain support The weekly Litecoin chart shows that the price has been rising along…

Gold, a natural store of value, has gradually crept closer to $3,000 and is currently trading above $2,700, setting new all-time highs in the process. As the yellow metal rises, capital flows into the digital alternative Bitcoin, potentially pushing the world’s most valuable coin above $74,000. 3 tons of gold tokenized Gold and Bitcoin have their advantages, but some holders seem to be interested in both because they prefer the calmer liquidity of BTC. A recent analysis by Arcam, a blockchain intelligence company, revealed that over $250 million of Tether gold is stored in a single wallet. In the real…