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Cover image (via U.Today) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. According to Lookonchain, Ethereum creator Vitalik Buterin’s address once again sold a large number of meme coins, receiving…

Despite the Bitcoin price correction 287 days after the latest halving event, on-chain metrics suggest that fundamentals remain strong. Analyst TheLordofEntry shared insights on key indicators that indicate continued demand growth and strong holder behavior. This strength is despite recent short-term volatility. Exchange Bitcoin reserves have reached an all-time low! 📉Bitcoin reserves on exchanges continue to decline, suggesting investors are choosing to hold rather than sell. pic.twitter.com/jrefZIrtdM— TheLordofEntry (@thelordofentry) October 13, 2024 Bitcoin foreign exchange reserves reach record low level One of the most important fundamentals is that Bitcoin (BTC) reserves on crypto exchanges have fallen to record lows. This…

“If you want to win, you need a Bitcoin strategy” – that’s the title of a new post on X by Michael Saylor, CEO of MicroStrategy and one of the major players in the crypto market.Saylor is known for his extremely bullish views on major cryptocurrencies, and makes sure to make Bitcoin-focused statements almost daily on social media, sometimes making headlines and sometimes unconventional. , sometimes shocking and sometimes insightful, are already part of it. Crypto market lore. related But the latest one, in which Saylor plots MSTR stock’s performance compared to other top stocks in the S&P 500, the…

Cryptocurrency spot and derivatives exchange OKX is rolling out a new trading pair for the dollar-pegged USDC, the second-largest stablecoin by market capitalization. The Seychelles-based exchange said in a statement that it plans to introduce six new spot trading pairs to USDC on Monday. “In order to support the growth of the USDC ecosystem and meet the diverse trading needs of our users, OKX will offer spot trading on October 14, 2024 from 9:00 a.m. to 9:30 a.m. (UTC) with the following USDC Introducing trading pairs: AEVO-USDC, ATH-USDC, CATI-USDC, ETHFI-USDC, JUP-USDC, ZETA-USDC. OKX is increasing its support for USDC as…

XRP supporters have observed a notable dichotomy in XRP’s price action following the SEC’s latest legal action. On Thursday, the US SEC said it intends to appeal a favorable ruling in the Ripple case that concluded several months ago. It formally moved forward by Friday, filing a formal application with the U.S. Court of Appeals. The initial notification on Thursday shocked the XRP market. This caused many people to sell their XRP tokens, causing the price to plummet. This massive drop also occurred when the SEC first filed a lawsuit against Ripple in December 2020. However, the recent drop in…

The cryptocurrency field is heating up again, with South Korea’s FSC considering lifting the ban on spot cryptocurrency ETFs. Thanks to this event, people are paying attention to several cryptocurrencies with huge growth potential. Experts point to three of the best cryptocurrencies that fit this description: Dogecoin (DOGE), DTX Exchange (DTX), and Toncoin (TON). DOGE and TON are steadily increasing in price, and DTX is the hottest new ICO. The newcomer, who is in the third stage of pre-sale, has already raised more than $4 million and could reach $5 million by the end of this month. Some experts suggest…

Cathie Wood isn’t known for playing it safe. The maverick head of Ark Investments and a pioneer in thematic investing is no stranger to making big bets, and even bigger bets. She remains an ardent supporter of Tesla, championing the struggling electric car maker, believing it could capture $5 trillion of the $10 trillion robotaxi market in the future.She is also an avid supporter of cryptocurrencies and a strong believer in Bitcoin (CRYPTO: BTC), the granddaddy of all cryptocurrencies. What is her prediction here? By 2030, Bitcoin will reach $1.5 million per coin, a return of almost 2,400% from today’s…

13 October 2024 – (Singapore) Singapore has taken a major step forward in its move towards digital currencies, with stablecoins emerging as the preferred payment method for businesses looking to enhance and streamline processes. Stablecoin transactions in the city-state recently surpassed $1 billion, a milestone that confirms the ongoing transition from traditional fiat currencies and volatile cryptocurrencies to more stable digital alternatives. It became a stone. A paradigm shift is occurring in the global e-commerce space, with more consumers showing interest in using cryptocurrencies for payments. Recent data shows that 64% of consumers are willing to use cryptocurrencies and stablecoins…

Stablecoins may prove to be more efficient than traditional currencies.AFP via Getty Images Stablecoins are a unique class of cryptocurrencies designed to minimize the volatility inherent in traditional digital assets. These tokens aim to maintain a stable value, typically by pegging to fiat currencies or commodities, making them an attractive tool for everyday transactions and value storage. This article will explore how stablecoins work, their various types and their potential impact on the financial system. We’ll also discuss the practical aspects of using stablecoins for payments, including benefits, risks and real-world applications. What Are Stablecoins? Stablecoins are cryptocurrencies designed to…

Democratic Sen. Sherrod Brown is clinging to the narrowest margin of support after two elections that bucked Ohio’s rightward trend. If he loses to unpopular car salesman Bernie Moreno next month, cryptocurrencies could be blamed. Cryptocurrency companies are pouring tens of millions of dollars into the race through super PACs in response to Brown’s scathing criticism of the industry as chairman of the Senate Banking Committee. Their leading role in the race shows how much money speaks, regardless of “coin”. Cryptocurrencies have been in the political doghouse since the debacle of the Sam Bankman Fried FTX scam two years ago,…