Author: admin

Market veteran Ali Martinez believes Dogecoin will rise parabolically in November, identifying key levels to watch for a potential breakout. Martinez made this clear in his latest analysis, suggesting that Dogecoin could enter a parabolic rally in the coming weeks. His analysis focuses on the historical patterns of the one-month Dogecoin (DOGE) price chart. The chart data reveals recurring setups and breakout signals. Martinez noted that November could be a noteworthy month with key price levels as potential breakout points. Dogecoin’s historical descending triangle According to the chart, Dogecoin has entered a descending triangle pattern at three different times since…

Read More

Ubisoft, a prominent player in the gaming industry, has officially entered the blockchain space with the release of its first blockchain-based game, Champions Tactics: Grimoria Chronicles. This new title introduces a tactical turn-based experience that incorporates NFTs (non-fungible tokens) as the primary in-game asset. First announced by the company in June, Champions Tactics is a significant development following Ubisoft’s ongoing blockchain experiments, but the release itself was relatively low-key. The game, available on PC, is free to start, but players have the option to purchase NFT figures (digital assets with unique attributes) using in-game currency or cryptocurrencies in the integrated…

Read More

Important points The supermicrocomputer’s stock price fell sharply on Wednesday after accounting giant EY resigned as the company’s auditor. The accounting firm said it “does not want to be involved in the financial statements prepared by management.” The resignation comes after months of speculation about the supermicrocomputer’s accounting practices. A report from the Hindenburg investigation of short sellers accuses it of “manipulation.” Shares in Super Micro Computers (SMCI) fell sharply on Wednesday after accounting firm EY resigned as the company’s auditor following months of speculation about its accounting practices. EY, one of Japan’s “big four” accounting firms, told Supermicrocomputer’s board…

Read More

Binance on Wednesday stepped into the final stages of its annual community event, Binance Blockchain Week. The theme of this year’s event is ‘Momentum’, through which crypto exchanges will recognize the continued growth of the Web3 sector over the past year despite global regulatory, legal and technological challenges. We are aiming for Senior Binance executives, including CEO Richard Teng and co-founder Ye Hai, attended the event and interacted with a crowd of more than 4,000 people gathered at Dubai’s Coca-Cola Arena, which the exchange claims did.Khalfan Belhoul, CEO of Dubai Future Foundation, also joined Teng on Wednesday to discuss regulatory…

Read More

Visa has launched a funds transfer partnership with cryptocurrency exchange Coinbase. According to a Tuesday (October 29) news release, the partnership will connect Coinbase to the Visa Direct network and allow customers of the exchange to deposit funds into their accounts via eligible Visa debit cards. That’s what it means. “Providing this functionality to our customers supports our mission to increase economic freedom around the world,” Akash Shah, Coinbase’s senior director of product management, said in a release. “Our integration with Visa Direct gives eligible customers real-time access to funds for trading. By enabling them to seamlessly move money and…

Read More

Litecoin is attracting attention as an asset that maintains its value over the long term. The hype surrounding the Litecoin ETF is fueling a bullish price outlook for the coin. Litecoin (LTC) recently surpassed Ethereum (ETH) in terms of longest average holding period. This highlights Litecoin’s continued appeal among long-term investors. However, Bitcoin (BTC) continues to lead in this metric. Long-term Litecoin investors are rapidly increasing According to IntoTheBlock, Bitcoin’s “average HODL time” is the longest at 4.4 years. This is consistent with the widespread concept of long-term preservation of wealth, or “digital gold.” This chart shows typical holding periods…

Read More

Due to current market trends and future global events, Bitcoin’s market price could soar to $100,000 by January 2025, said cryptocurrency research firm 10x Research.10x Research’s prediction for a $100,000 Bitcoin (BTC) price target is based on a model that has triggered two recent buy signals, the most recent on October 14th. According to 10x Research, its predictive models have a proven track record based on 86.7% accuracy. At the last 15 signals.The researchers explained the basis for their optimistic predictions for Bitcoin as follows:“When Bitcoin hits a six-month high like it did recently, the median return over the next…

Read More

Major stock markets were mostly lower on Wednesday after mixed economic data and company reports, while Bitcoin traded near record highs in anticipation of the upcoming U.S. presidential election.The three major US stock indexes fell slightly after the rally, but major European markets fell even more sharply in mid-afternoon trading.”Investors are not looking to increase their exposure to equity markets given the lack of a clear lead from the US, where consolidation is mainstream today,” said Trade Nation analyst David Morrison. No,” he said.Google’s parent company Alphabet reported strong earnings after Tuesday’s close, rising nearly six shares, but that was…

Read More

Cross-border payments platform Thunes has entered into a strategic partnership with digital finance company Circle. This partnership aims to support the liquidity and efficiency of stablecoin transactions within Thunes’ Direct Global Network, particularly cross-border payments. This partnership allows Thunes network members to send cross-border money using USDC, enabling faster 24-hour transactions. By settling transactions with USDC, Thunes aims to increase liquidity while reducing the cost of capital typically associated with cross-border payments. The role of regulated stablecoins in cross-border transactions According to Toons, USDC as a regulated stablecoin is increasingly being used within the financial ecosystem as a bridge between…

Read More

Ben “Bitboy” Armstrong emphasized his belief that XRP will reach $10, citing a clear regulatory path and significant growth potential. As the market continues to rally, XRP remains stable near $0.5200, maintaining the same range it traded a week ago. In contrast, Bitcoin has risen more than 9% over the past week, returning to a seven-month high above $73,000. The rally has pushed the overall market to nearly $2.5 trillion, pushing overall sentiment into “greed” territory. Despite Bitcoin’s rise, XRP’s trajectory has been flat, with no noticeable rises or falls, holding steady around $0.52. This trend has caught the attention…

Read More