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Due to Bitcoin’s sudden price spike, the amount of cryptocurrency liquidations reached nearly $300 million in just 24 hours. Short positions faced the biggest losses, with over $206 million liquidated as Bitcoin broke through a major resistance level. Massive liquidations of both long and short positions have occurred over the past few days, with crypto liquidations reaching nearly $300 million in just 24 hours. This surge in liquidations was triggered by a sharp rise in the price of Bitcoin (BTC), which broke through key resistance levels and triggered a wave of forced liquidations across the market. Close to $300 million…

Elon Musk’s electric car giant Tesla has moved its entire fortune of 9,720 Bitcoins worth over $760 million to a new unidentified wallet. This significant move, reported by blockchain analysis firm Arkham Intelligence, sparked widespread speculation within the BTC community. The rationale behind Tesla’s recent BTC transfer is unclear at this time. Analysts are debating whether this move signals a sale of its holdings, an acquisition of more BTC, or a possible resumption of payments for Tesla cars. The feature was hinted at in a software update from the company last year. However, no conclusive evidence supporting either of these…

As the cryptocurrency landscape evolves, analysts are making bold predictions about the future of various tokens. Of this, XRP price is expected to reach $50, Dogecoin price may soar to $16, and WallitIQ (WLTQ) is expected to reach $9. Although each token has unique features, WallitIQ (WLTQ) offers a more attractive opportunity for investors, especially in the upcoming presale. WallitIQ (WLTQ): The transformative power of cryptocurrencies with unparalleled potential WallitIQ (WLTQ) has established itself as a transformative force in the crypto world and could easily surpass $9 in the coming months. As the pre-sale approaches, investors looking for big returns…

With just three months to go until the end of the year, investors are looking for their last chance to make high profits. The main attractions are Ethereum (ETH), Solana (SOL), and Propichain (PCHAIN), a project that offers whitelisted pre-sales. But can they meet investors’ expectations? Let’s talk. Can Ethereum (ETH) reach $3,000? Here’s what the experts say Ethereum (ETH)’s performance in 2024 was quite mixed. At the peak of the crypto rally in Q2 2024, Ethereum (ETH) soared to $4,000. However, the subsequent market downturn caused a severe correction in the price of Ethereum (ETH). After the market crash…

getty Now that high inflation has subsided and interest rates have fallen, you may be looking to reposition your portfolio toward growth. Let’s take a look at three sectors and six growth stocks that have the potential to help you achieve your long-term wealth goals. Why focus on long-term growth stocks? For patient investors, long-term growth stocks have upside potential. First, the long holding period minimizes transaction fees. Your taxes may also be lower, especially for growth stocks that don’t pay dividends. Additionally, longer holding periods are easier to manage and can encourage higher returns. Investors who don’t time the…

Popular cryptocurrency exchange Kraken has announced the introduction of Ethereum re-staking via EigenLayer, allowing users who have already staked ETH to leverage it through smart contracts. This new feature allows ETH token holders to use their staked ETH (Ether that is already staked to secure the Ethereum network’s proof-of-stake mechanism) to build on EigenLayer. By securing your decentralized applications, you have the potential to earn additional staking rewards. Staked, a subsidiary of leading EigenLayer operator Kraken, will become a validator for restaked ETH using Kraken, providing a service normally only available to the company’s institutional customers. Restaking on EigenLayer allows…

Robinhood’s (HOOD) evolution from meme stock trading champion to wealth management platform is proceeding at breakneck speed.The company announced late Wednesday that it would start trading futures and index options on its app, a move that has been widely reported for months. Robinhood said both features will be coming to the Robinhood app “soon.”The company also took the wraps off Robinhood Legend, which is being touted as a sophisticated trading platform targeted at more sophisticated investors. Robinhood Legend allows you to open up to 8 charts in one window, which has the potential to improve various technical indicators for traders,…

Siam Commercial Bank (SCB) has partnered with SCB 10X to launch the first cross-border payments using stablecoins in Thailand. The new solution, created in collaboration with Lightnet, is to provide a simple and fast cross-border payment solution using stablecoins and public blockchains. Bank of Thailand SCB announces new stablecoin transfers In a press release sent to CoinGape, SCB revealed that this new innovation is a major step forward in the modernization of cross-border payments. The system is designed to make cross-border transactions faster, more efficient, and cost-effective by using stablecoins, which are digital assets pegged to the US dollar or…

Paul Grewal, Coinbase’s Chief Legal Officer, talks about “The Rise of Cryptocurrency Voters” on “The Claman Countdown.” Former President Trump has big plans for vast federal regulatory infrastructure, including (figuratively) blowing it up. These were the words of Rep. Byron Donald, a Republican from Florida and a prominent member of the House Financial Services Committee, speaking at cryptocurrency venture capital firm Blocktower’s investor day on Wednesday.Donald revealed on Tuesday night that he was on a flight from Atlanta to Florida with the former president vying to be the next president. Mr. Donald said the two are dealing with what he…

Despite the recent stagnation in XRP prices, some market analysts remain optimistic, with the Ripple token potentially rising 1000 times and reaching $500 in value. suggests. Although this goal is ambitious, it raises questions about the potential for such growth and the factors that will drive it. Is a 1000x increase in XRP price possible? A 1,000x increase in the price of XRP could be realized if the broader cryptocurrency market expands significantly. However, reaching $500 per XRP would result in a market cap of a whopping $28.3 trillion, based on the current supply of 56.65 billion coins. Such a…