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This year has been filled with a lot of buzz regarding the cryptocurrency market, especially the price of Bitcoin. From the fourth halving event of the Spot Bitcoin Exchange Traded Fund (ETF) to the US presidential election, the crypto industry and Bitcoin market have been exposed to a variety of factors throughout 2024. With just a month left until the US election, there is a lot of commentary on the results of the polls and how they could affect market trends for the world’s largest cryptocurrency. . Blockchain analytics firm IntoTheBlock is one of the latest companies to join the…
Aiming to expand support among black male voters, Democratic presidential candidate Kamala Harris’ campaign this week announced supportive policies that include a pledge to regulate cryptocurrencies to protect black men investing in digital assets.It was the current vice president’s most specific statement yet, but Trump’s campaign has been shut down since Joe Biden took office in July, and his Republican rival Donald Trump The focus on cryptocurrencies is much less than that of the previous president.Harris’ campaign’s moves this week drew mixed reactions. Some crypto investors and industry insiders praised Harris’ sharper language on crypto regulation, while others criticized the…
Investors are always looking for high-reward opportunities, making short-term investments attractive to those looking for quick profits. Above all, the rise of investment schemes in the digital space, especially cryptocurrencies and NFTs, is taking the financial world by storm. Although these assets offer immense potential for rapid wealth accumulation, they also come with significant risks. In this blog, we explore how investors can navigate this high-risk, high-reward space by delving into cryptocurrencies and NFTs as short-term investment strategies. Understand the nature of short-term investments Short-term investments refer to assets that investors hold for a limited period of time, usually less…
Solana founder Anatoly Yakovenko, commonly known as “Toly,” shared his views on the key challenges related to the interaction between blockchain hardware and software.In a recent post on X, he pointed out that the core difference between Solana’s approach and Ethereum’s is in how they handle congestion. From Solana’s perspective, relying on price discovery (i.e. raising transaction fees) is not an effective solution when the world’s resources are saturated.Yakovenko emphasized the need to scale hardware to meet increased demand, rather than relying on fare increases to manage congestion.If the software does not allow the validator to increase its hardware capacity…
Litecoin (LTC) activity has surged significantly, with intraday trading volume exceeding $4 billion for the first time in 16 months. So what’s going on? This unprecedented surge highlights the growing popularity of cryptocurrencies and highlights the growing interest and awareness surrounding Litecoin. New policy initiatives and the expansion of the Litecoin ecosystem are further increasing this interest. Recent gains in the broader cryptocurrency market, particularly Bitcoin’s rally towards $68,000, are contributing to Litecoin’s upward trajectory. Over the past week, Bitcoin has gained 12% and Litecoin has surged 10.64% on record trading volume of $4 billion. This surge suggests that investors…
A widely followed crypto analyst and trader outlines the likely path forward for the memecoin, which has exploded more than ninefold in a matter of days. An analyst known by the pseudonym Altcoin Sherpa told his 224,800 followers on social media platform After that, he said, there is a possibility that prices will fall for a while. “I think the GOAT $0.20 to $0.40 range is very healthy. Personally, I’m holding on to this for a while yet.” Source: Altcoin Sherpa/X According to Altcoin Sherpa, GOAT’s market cap could reach $500 million. GOAT’s current market cap is just under $430…
13 hours 42 minutes ▪ 5 minutes read ▪ Written by Luc Jose A The digital age has given many creators the ability to express themselves and share their work online. However, it has also exacerbated challenges related to the protection of intellectual property, fair remuneration, and control of works. Blockchain offers an innovative solution to these problems by increasing monetization control and transparency. Here are five leading blockchain platforms that are revolutionizing the way creators publish, share, and monetize their content. 1. Steemit: an alternative to traditional social networks Steemit is a pioneering platform that offers users the opportunity…
The Ripple vs. SEC battle will be extended until the end of 2025, as the US Securities and Exchange Commission (SEC) has decided to appeal the district court’s ruling. Ripple plans to counter-appeal the regulator’s claims as it continues to threaten the crypto industry with enforcement-based regulation. Meanwhile, traders are bracing for the fallout as XRP prices trend sideways this week. Ripple SEC lawsuit appeal filed in Second Circuit Court The U.S. Securities and Exchange Commission has finally filed Form C related to the appeal of the Ripple lawsuit. Form C is a pre-appellate statement required by the United States…
On-chain data suggests that trends in these two Litecoin indicators could explain why the cryptocurrency has seen a recent price surge. Litecoin volume and social dominance have skyrocketed recently In a new post on X, on-chain analytics firm Santiment discussed how Litecoin’s underlying metrics fared during the recent price spike. There are two indicators of relevance here. It’s transaction volume and social dominance. The first of these, transaction volume, tracks the total amount of tokens (in USD) involved in transfers on the LTC network. A high value of this indicator means that investors are participating in a large amount of…
With new cryptocurrencies constantly emerging, staking has become one of the popular ways investors can earn passive income by locking up their crypto assets. In general, staking means participating in the underlying consensus mechanism of a blockchain network, using staked assets to secure the network as a form of validation and reward. Compared to traditional savings accounts, staking can offer significantly higher yields, making it very attractive to cryptocurrency enthusiasts. We rank the top 6 staking platforms of 2024 and detail their key features, schemes, and differentiators. OKCoin: Best overall staking platform OKCoin has established itself as a leading staking…