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The BRICS alliance continues to grow stronger reflecting the shift towards alternative asset classes such as Bitcoin and XRP. Amid mounting speculation about the move to cryptocurrencies, Russian President Vladimir Putin has shared some insight into what’s to come. BRICS: The reality of Bitcoin and XRP adoption One thing is certain about the planned pivot away from the US dollar: BRICS members are looking for alternatives. Many options are being considered in this regard, including the integration of top digital currencies. Although many have hinted that it is increasingly making progress in this regard, President Vladimir Putin has emphasized a…
The bullish theory for Bitcoin trading above $100,000 has only solidified in recent weeks, Bitwise CIO Matt Hogan argues in a new X post. Hogan said Bitcoin (BTC), the only trillion-dollar cryptocurrency, will inevitably reach more than six digits per coin due to a combination of institutional, macroeconomic, and on-chain factors. I explained. Exchange-traded fund expert Eric Balchunas said that the total net flow of spot Bitcoin exchange-traded funds in the United States exceeded $20 billion. The US Bitcoin ETF complex saw $1.5 billion in inflows this week, pushing assets under management to over $65 billion. ETFs tracking legacy assets…
The world of cryptocurrencies has been quite a roller coaster these days, with Dogecoin and Dogwifat facing a tough upswing and an uncertain path. Dogecoin is currently struggling to break above $0.16 with a price of $0.11, causing doubts among enthusiasts. Meanwhile, there is cautious optimism as Dogwifat aims to sustain its recent recovery above $2.55.As these coins navigate challenges, BlockDAG (BDAG) has grabbed the spotlight by extending its 50% bonus until October 21st after the community spread about the initial bonus offer. This strategic expansion provides buyers with a great opportunity to participate in a top crypto project, promising…
The cryptocurrency market is grappling with dynamic changes and trends, tempting those looking to take advantage of the latest opportunities. One of the trending topics is Litecoin. There has been an uptick in activity recently, with significant moves by large holders. This has given it more stability and favorability as a payment option. On the other hand, Arbitrum (ARB) is currently slumping. The cryptocurrency is finding it difficult to emerge from a sustained bearish phase. While Litecoin and Arbitrum weather these different market conditions, BlockDAG continues to make impressive gains. The presale campaign has almost reached its $100 million goal.…
As the crypto market progresses towards the fourth quarter of 2024, investors are anxiously waiting for the next big thing to happen. Among older and reputable players like Litecoin (LTC) and Shiba Inu (SHIB), numerous challenges are holding them back. In contrast, Zig Network (ZIG) has recently received a lot of attention as one of the promising alternatives. This revenue-sharing blockchain was only recently introduced and has the potential to change DeFi and emerge as a market leader. Here’s why Zig Network (ZIG) could outperform these popular coins next year. Litecoin regulation has made progress, but market uncertainty remains Litecoin…
Written by Lisa Pauline Matakkal and Purvi Agarwal(Reuters) – The S&P 500 and the tech-heavy Nasdaq rose on Friday, helped by tech stocks, while Netflix soared after beating expectations for subscriber growth.Netflix stock rose 10.2% to a record high after the streaming giant said it beat Wall Street expectations in subscriber growth and said it expects growth to continue through the end of the year.The Dow Jones Industrial Average fell 3.6%, dragged down by American Express, which reported lower-than-expected quarterly sales.Meanwhile, the so-called Magnificent Seven stocks that have driven much of Wall Street’s stock rally this year all rose.Apple rose…
Bitfinex has invested in Plasma, a Bitcoin-focused payments, real-world asset, and decentralized financial infrastructure platform. The Bitfinex team announced on October 18th through X that it has invested in Plasma to scale the use of Tether (USDT) on Bitcoin (BTC). According to a blog post introducing Plasma, the platform aims to be a zero-fee payment rail for USDT. It is a network that allows users to send US dollar-denominated assets to anyone in the world using Bitcoin without any fees. Plasma seeks to leverage the benefits of USDT and other stablecoins, with its network as the execution layer, rather than…
Beautiful Ocean Coin (BOC) has launched a blockchain platform to enhance transparency and funding for ocean conservation and is quickly gaining interest. BETHANY, Okla., Oct. 18, 2024 (Globe Newswire) — Beautiful Ocean Coin (BOC) is a breakthrough block aimed at revolutionizing the way ocean conservation projects are funded and managed. We have officially launched the chain platform. This new product provides a decentralized and transparent way to support ocean conservation efforts by leveraging blockchain technology to ensure accountability in every transaction. This platform will play an important role in promoting sustainable development and protecting marine ecosystems around the world. Mission…
Guide: How to buy Tether USDT in Mexico?Mexico’s Bitcoin market is experiencing explosive growth as more and more active holders are powered by stablecoins like Tether (USDT). The need to protect funds from local currency volatility and the unpredictability of global markets may help explain this increase. So, if you’ve ever wondered, “How can I buy Tether USDT in Mexico?”, you’re in luck. Today we will discuss this and more. If you want to know more, keep reading.Also read: Ripple enters Challenge Circle, stablecoin liquidity hits record TetherTether attracts increasing attention in MexicoThe Mexican government has facilitated the growth and…
Litecoin experienced a mini-run, with the price rising above $73 for the first time since July. Over the past week, crypto assets have returned 12%. This marks the first significant breakout from Bitcoin and altcoins since the spring. Is Litecoin ready for a comeback? Two key factors appear to be driving this bullish trend in Litecoin, according to Santiment’s latest analysis. Litecoin has been on a roll, rising above $73 for the first time since July. This is the first medium-sized breakout from Bitcoin and altcoins since the spring. There are two main factors: ⚡️ LTC’s on-chain transaction volume continues…