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BANGKOK (AP) – Asian stocks were mixed Tuesday, with Hong Kong’s benchmark stocks down more than 4% as Wall Street hit a new record.U.S. futures rose slightly as oil prices fell by more than $3 a barrel.Chinese stocks extended their declines late Monday after the government said export growth fell sharply in September, reinforcing signs of economic weakness.The Shanghai Composite Index fell 2.5% to 3,201.29, and Hong Kong’s Hang Seng Index fell 4.4% to 20,166.88.Weaker-than-expected data on lending and prices weakened already fragile market sentiment as investors awaited new details on government stimulus measures to revive the economy.IG’s Yep Jun…
The Core Foundation, the organization behind the Core blockchain, has announced a major initiative aimed at accelerating blockchain development and innovation. The three-month initiative, called the Core Commit Program, will begin on October 14, 2024. The initiative aims to support developers through funding, expert guidance, and valuable connections to over 100 venture capital firms, including big names like Google. , UTXO, Foresight Ventures, and Faction. The program will allocate a total of $75,000 worth of CORE tokens to participating developers. This distribution occurs monthly, with $25,000 awarded based on developer performance and achievement of major project milestones. The Core Foundation…
Stablecoin Tether (USDT) is looking to lend to international commodity traders, especially in developing markets. Tether’s high returns and existing connections could create lucrative opportunities. Tether could potentially reap significant profits from credit-hungry business ventures, especially as it faces competition in the stablecoin market. Tether global connection According to a report from Bloomberg, Tether (USDT) is considering entering the commodity business. Stablecoins have been very successful in their 10 years of operation, especially in developing countries. Partnering with commodity traders could leverage Tether’s advantage, especially if competitors are looking to enter. Read more: 9 Best Crypto Wallets to Store Tether…
Cryptocurrency prices today sparked great optimism among investors globally and rose significantly on Tuesday. The price of Bitcoin (BTC) has risen significantly, topping the $65,000 level, while the prices of Ethereum (ETH), Solana (SOL), and XRP have increased by 2% to 5% over the past day. At the same time, the global cryptocurrency market capitalization was expected to rise by 5% compared to the current $2.29 trillion. Moreover, the total market value increased by 101% to $97.52 billion. Here is an overview of some of the top cryptocurrencies by market capitalization and their price movements as of today, October 15th.…
Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, managed to surpass the $65,000 level early on Tuesday, maintaining its growth curve for the second consecutive day this week. Other popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) landed in the green across the board as the overall market fear and greed index rose. . According to CoinMarketCap data, it has a score of 56 out of 100 (neutral). Book Of Meme (BOME) token was the biggest gainer, rising over 21% in 24 hours. Bittensall (TAO) was the biggest loser with a loss…
Meme coins took full advantage of the return of the bullish mood on Monday, with less established coins topping the list of the market’s biggest gainers. What happened: Solana SOL/USD-based BOOK OF MEME rose over 28%, becoming the best-performing cryptocurrency over the past 24 hours. The token soared to levels not seen since July 30, with trading volume surging more than 68% to $702.34 million. Cryptocurrency Gains +/- Price (Recorded at 11:30 PM EDT)BOOK OF MEME (BOME)+28.76%$0.01099Cat in a Dogs World (MEW)+22.00%$0.008811Bonk BONK/USD+10.04%$0.00002346 .Dog World’s cat-themed meme coin Cat occupied second place on the 24-hour list of biggest gainers after…
Few tokens have made as much noise as Dogecoin (DOGE) during its price rise. Dogecoin started as a meme, but in 2021, thanks in part to the influence of Elon Musk and others, it took price and market cap complexity to another level and achieved an unprecedented level of success. However, new players continue to emerge as the cryptocurrency market continues to evolve, and Rexas Finance (RXS) is one of those players. In the opinion of Elon Musk’s Grok AI and ChatGPT, it is Lexus Finance that will break Dogecoin’s unprecedented performance in 2021. Dogecoin’s 2021 Success: A Case Study…
CoinGecko Q3 Crypto Industry Report determined that the overall market contracted by 1.0%. Bitcoin is at a three-year high as a market power, and Ethereum is retreating on several metrics. Although some minor concerns need to be addressed, the quarter overall was positive for cryptocurrencies. Bitcoin in the world market The CoinGecko report discussed some interesting market trends. At first glance, Bitcoin is doing very well, with a share of over 53% of the total cryptocurrency market. Moreover, at the time of writing, Bitcoin’s dominance stands at over 58%. This would mark Bitcoin’s highest dominance compared to other crypto assets…
Armor Wallet has introduced a state-of-the-art cryptocurrency wallet that integrates artificial intelligence (AI) to improve the trading experience for both beginners and experienced investors. Designed to be intuitive and user-friendly, the wallet features an interface similar to chat-based AI systems, allowing users to enter simple instructions in plain English. Whether it involves buying or selling, dollar-cost averaging (DCA), or performing other cryptocurrency activities, Armor’s AI facilitates seamless transactions by converting these instructions into actionable prompts. , users no longer need to navigate complex interfaces or become familiar with cryptocurrencies. Specific terminology. The main innovation of the Armor wallet lies in…
(Bloomberg) — Chinese stocks ended Tuesday morning trading lower amid growing debate over how long the rally will last.Most Read Articles on BloombergThe CSI300 index was down 0.5% as of 11:30 a.m. local time, having previously fallen as much as 1.4%. It rose 1.9% on Monday. Share prices of Chinese stocks listed in Hong Kong fell by more than 1%.Volatility has dominated the market in recent trading as investors assess the sustainability of the stimulus-driven rally that began late last month. The scale of the Chinese government’s planned fiscal expansion remains unclear, adding uncertainty to stock price movements. Caixin reported…