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The cryptocurrency market is showing a notable bullish trading pattern as all coins are trading in the green in large quantities. Bitcoin has broken through the $66,000 point and there is speculation that this new rally could push it to new highs by the end of the year. NEIRO has been experiencing rapid growth throughout this month, making early investors rich, to say the least. This meme coin has soared an incredible 5333% in the past 30 days and shows no signs of stopping. Leading market analysts have found meme coins to be one of the most lucrative tokens out…
Market intelligence platform IntoTheBlock says Coinbase’s Ethereum (ETH) scaling solution is on track to become the largest Layer 2 (L2) blockchain by the end of the year. IntoTheBlock says in a new report that key metrics show Base has experienced exceptional growth this year. IntoTheBlock first checks the Total Value Locked (TVL) of the Base. This is a metric that represents the amount of assets staked or locked on the platform. “Base is Coinbase’s L2 blockchain that has been running for just over a year and is on the verge of overtaking Arbitrum as the largest Ethereum L2 by TVL.…
Despite the company’s flaws, the stock could become attractive to some investors as interest rates fall. For most of the past decade, Verizon Communications (VZ 0.44%) has given shareholders little to cheer about. The stock has severely underperformed compared to the broader stock market. But things have changed over the past 12 months. Verizon outperformed the market, with a total return of 45% versus the S&P 500’s 34%. Verizon is doubly benefiting from the prospect of lower interest rates. The company borrows frequently and has a large amount of debt on its books, so lower interest rates would help reduce…
Explore how Ripple’s XRP broke through a major resistance level, hinting at a potential 1,000% surge. Discover the factors driving the rise of the cryptocurrency XRP. The long-awaited XRP price surge may finally be here. The token has broken through a major level and is showing signs of bullish momentum. But what does this mean for Ripple’s XRP? And how high can the price go? We examine the analysis, examine XRP trends, and find out what’s next for crypto XRP. We’ll see how it unfolds. Growth rate of XRP price Currently, the price of XRP is $0.548. Trading volume has…
The Role of PAMM, MAM, and Copy Trading in a Business Growth Strategy | Webinar The Role of PAMM, MAM, and Copy Trading in a Business Growth Strategy | Webinar The Role of PAMM, MAM, and Copy Trading in a Business Growth Strategy | Webinar The Role of PAMM, MAM, and Copy Trading in Growth Strategies | Webinar The copy trading market is expected to double in size, growing from $2.2 billion to $4 billion by the end of this year. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and copy trading solutions to expand…
Ripple has confirmed that it is ready to hold its highly anticipated annual conference “Ripple Swell” in Miami, Florida. In a tweet today, Ripple shared a video showing preparations for its annual conference: “Ripple Swell 2024 in Miami is currently loading.” The video showed that Ripple has completed the necessary preparations for the start of the meeting. Ripple beautifully decorated the venue with blue and white lighting, a stage with “rippleswell” written on it, and chairs and tables. The venue is ready and Ripple CEO Brad Garlinghouse recently welcomed guests to the conference. Ripple Swell 2024 For context, Ripple Swell…
Find out why Dogecoin and Cardano are struggling and whether it’s time to look for better, faster growth opportunities in the unpredictable crypto market. The cryptocurrency market is unpredictable these days. Two coins that once excited many cryptocurrency enthusiasts, Dogecoin (DOGE) and Cardano (ADA), are now struggling to live up to expectations. Both have fallen in value, leaving holders frustrated and wondering if it’s time to consider better options. In this article, we examine why DOGE and ADA have stalled and whether traders should be looking for the next big opportunity. Is it time to reconsider Dogecoin stock price and…
A study by two top Turkish universities found that Tangle outperforms other types of DLT, including traditional blockchain, in the Internet of Things (IoT). Tangle has low transaction burden, low energy demand, and good scaling, making it more suitable for industries such as IoT that require high volume of transactions at low cost. Tangle, the type of distributed ledger technology (DLT) on which networks such as IOTA are built, is far more suitable for industries such as the Internet of Things (IoT), finds new research from two top Turkish universities. I did. The study was conducted by Bahcesehir University and…
Stablecoin issuer Tether will explore financing opportunities in the commodity trading sector in a strategic move, according to a Bloomberg report on Tuesday citing undisclosed people close to the matter. Revealed the plan. The new venture comes on the heels of record profits for the company, which is expected to generate an impressive $5.2 billion in revenue in the first half of 2024 alone.Tether to make $5 billion in profit in 2024, USDC trading volume surges 48% in monthGood news for stablecoin enthusiasts as both USDT and USDC achieved important milestones last monthThe move is seen as a direct response…
Tether, the cryptocurrency company behind the largest stablecoin USDT, is exploring opportunities to lend in commodity trading. Financing Opportunities in Tether (USDT) and Commodity Trading According to reports, Tether, the company that operates USDT, is considering lending to commodity trading companies. In reality, the largest stablecoin issuers need a way to distribute billions of dollars in profits. If the choice falls to trading in commodities, companies could benefit from broader credit. At this time, this issue does not appear to be official. In fact, Tether CEO Paolo Ardoino reportedly stressed to Bloomberg that the company is exploring opportunities in this…