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DonAlt, a pseudonymous crypto trader with over 500,000 followers on the It is predicted that there is a possibility of an increase.The OG meme cryptocurrency first appeared in 2013 and managed to rank within the top 10. At the time of writing, DOGE is valued at a whopping $20.3 billion. By comparison, this makes it more valuable than Nippon Steel, Japan’s largest steelmaker, or Suzuki Motors, one of Japan’s largest car companies. The leading meme cryptocurrency has gained nearly 15% in the past 24 hours, significantly outperforming the other top 10 altcoins. It is currently trading at $0.13 on the…
The Spot Bitcoin ETF is roaring towards its best week in months, absorbing more than $1.8 billion as the 2024 presidential election tightens in its final weeks, according to CoinShares data. are.“Elections are really at the forefront in terms of price performance,” James Butterfill, head of research at CoinShares, told Decrypt. “The macro data that has typically driven prices up suggests that Bitcoin prices should fall, but they haven’t fallen recently.”Butterfill noted that data released by the U.S. Census Bureau on Friday sent a bearish signal as building permits fell 2.9% month-over-month in September. Economists had expected a decline of…
This content was produced in partnership with Bazoom Group.The gig economy is growing at a very fast pace, and the trend towards remote work and job flexibility is further strengthening it. By 2024, freelancers will make up more than a third of the global workforce, and this growth is promising. Companies like Upwork and Fiverr have grown by nearly 20% over five years in recent years.Growth is always followed by some challenges, such as high transaction fees, payment delays, and intermediaries in general. These are the problems that blockchain technology has to solve, and decentralized solutions enable greater transparency, security,…
Newcastle upon Tyne, UK, October 18, 2024, Chainwire Today marks the official announcement of KERORO, a new meme coin built on the Solana blockchain that debuted with a market capitalization of $4.5 million. Located within the meme coin market, KERORO leverages Solana’s fast and low-cost transaction capabilities to position itself as a community-driven project. Keroro’s vision and mission Keroro brings fresh, vibrant energy to the world of cryptocurrencies, drawing inspiration from iconic characters known for their charm and cultural influence. Firmly rooted in the Solana blockchain, known for its high performance and efficiency, KURORO is more than just a coin.…
advertisement Ethereum may add fuel to the altcoin fire as it aims to surge more than 53% to the psychological threshold of $4,000. Renowned market analyst Javon Marks noted this development, saying that this bull run is likely to continue, given that the second-largest cryptocurrency by market value has made remarkable progress towards this path. He acknowledged that it was imminent. “The return of ETH to above $4,000 may have already begun, but many may not realize it yet,” Marks said. The larger technical target is $4,811.6, which could be more than +90% on track to reach, and a breakthrough…
Yuga Labs, the Web3 company behind Bored Ape Yacht Club, is bringing AI to blockchain with the launch of ApeChain, a new creator platform. To future-proof our ecosystem, Yuga Labs has partnered with Wire Network, a universal layer 1 blockchain infrastructure designed for the AI agent economy. It is a near future in which “AI agents” will be able to take advanced actions in place of humans. The idea is to create a platform where creators can interact more easily and profitably with their fans. ApeChain capitalizes on the momentum of Yuga Labs’ track record as the largest player in…
Cryptocurrency trader Cold-Blooded Shiller outlined his bullish outlook for Bitcoin BTC/USD, noting that technical analysis and market sentiment are key factors in a potential breakout. What Happened: In a Friday update on his YouTube channel, the trader highlighted the significance of Bitcoin’s recent price action, particularly the formation of a higher highs and higher lows pattern on higher time frames. He noted that Bitcoin continues to challenge the $67,000-$68,000 resistance zone, saying, “This is the first time we’re seeing an uptrend structure on a higher time frame.” Ta. The trader said that while there is no guarantee of an immediate…
Tether, the world’s largest stablecoin issuer by market capitalization, is strategically expanding into the traditional finance (TradFi) and commodity trading space. This expansion marks a major shift for the company, which has been a dominant force in the cryptocurrency space with its USDT stablecoin. Tether CEO Paolo Ardoino acknowledged that the company is in the early stages of exploring opportunities in these areas. Activities related to TradFi and commodity trading will be conducted through Tether’s investment arm, ensuring that the stablecoin’s reserves are not affected. This decision to expand into new territory comes on the heels of Tether’s record net…
Important points Christopher Waller discussed the potential of DeFi to complement traditional finance. Waller highlights the benefits and risks associated with stablecoins. Share this article Federal Reserve President Christopher Waller said at the Vienna Macroeconomics Workshop on Friday that DeFi has the potential to complement centralized finance as these technologies can improve the efficiency of traditional financial activities. . He also sees DeFi as an alternative to centralized finance, as it allows individuals to trade assets without intermediaries. “Rather than relying on each party to execute the transaction separately, smart contracts can effectively combine multiple parts of a transaction into…
The EU’s cryptocurrency regulation, the Market for Cryptoassets (MiCA), heralds a new era for the industry, providing access to approximately 18% of the world’s cryptocurrency trading volume. As part of efforts to create a framework across all European Union (EU) member states, MiCA has made it mandatory for all stablecoin issuers to hold an electronic money institution (EMI) license from June 30th . imposed strict compliance requirements on exchanges; Some exchanges have adjusted their offerings to include only stablecoins that meet EU cryptocurrency regulations. They hope to maintain access to a potential market of more than 200 million once MiCA…