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South Korea’s cryptocurrency market soared in the first half of 2024, with 7.8 million investors and daily trading volume of $4.4 billion, an increase of 67%. South Korea’s cryptocurrency market expanded significantly in the first half of 2024 due to soaring Bitcoin (BTC) prices and increased investor interest. The number of cryptocurrency investors in South Korea increased by 21% to 7.8 million from 6.45 million in the second half of 2023, Korean daily newspaper Korea Ilbo reported, citing data from the Financial Services Commission’s Financial Intelligence Department. Ta. Daily trading volume also surged, increasing 67% to $4.4 billion, and market…

@FDLabsHQ has announced plans to launch the FDUSD stablecoin on Solana, leveraging blockchain’s fast and low-cost infrastructure.The move makes FDUSD the latest addition to Solana’s growing ecosystem, which already includes popular stablecoins such as Circle’s USDC, Tether’s USDT, PayPal’s PYUSD, and global currencies such as GMO Trust’s GYEN. It turns out.According to @RWA_xyz, as of October 28, 2024, over $2.6 billion of FDUSD has already been issued on various blockchain networks, and this expansion to Solana is in line with demand for diverse stablecoin options. It highlights the rise. First Digital’s decision to bring FDUSD to Solana also highlights the…

TRX, the ninth largest cryptocurrency by market capitalization, is currently trading at $0.1677, giving it a market capitalization of $14.5 billion. TRX has gained 4.83% over the past week, fueling optimism among bulls with a price target of $0.20.Looking at the weekly chart, an ascending channel pattern is evident with TRX setting higher highs and higher lows. The current uptrend appears to be focused on reaching the 100% Fibonacci level of $0.18442, just shy of TRX’s all-time high. Since mid-November 2022, TRX has experienced an impressive recovery, rising 274% from a low of $0.045 to current levels. Although this rally…

TL;DR Ethereum (ETH) is up about 6% weekly, with analysts predicting it could rise above $4,000. Bullish on-chain indicators and positive sentiment on platforms like Telegram support the hypothesis of an upcoming resurgence. Is it time for ETH to shine? The crypto sector has been in free fall in recent days, with Bitcoin (BTC) at one point exceeding $73,500 and Dogecoin (DOGE) hitting a six-month high of around $0.18. Ethereum (ETH), the second-largest digital asset in terms of market capitalization, has also been well-earned, albeit with modest gains. It is currently trading at around $2,700, representing a weekly gain of…

Elliott Wave Analysis TradingLounge. XRP/USD (XRPUSD). XRP/USD Elliott Wave Technical Analysis Function: Counter trend. Mode: Fixed. Structure: double orthodontic. Position: Wave ((Y)). Next highest degree direction: Impulse wave II. Wave cancellation invalidity level: Details: The second wave is likely to be completed, and the third wave could lead to higher prices. XRP/USD (XRPUSD) trading strategy: Since the second wave correction appears to be over, we will focus on the wave 5 rise of the third wave. The price action is still in an uptrend and is looking for a re-entry into the trend. XRP/USD (XRPUSD) technical indicators: Price is below…

AI-assisted TLDR: Ubisoft has released Champions Tactics: Grimoria Chronicles, a PvP blockchain RPG featuring NFTs costing up to $63,000. Players initially fight by collecting temporarily provided figures, but eventually must purchase or create their own figures using in-game currency or cryptocurrency. * Generated from content by Anthony Garreffa below.Ubisoft promised to create a blockchain game three years ago. And here we present Champions Tactics: Grimoria Chronicles. It’s a new PvP blockchain RPG with playable NFTs that cost as much as $63,000 using in-game currency. Champions Tactics is described as a “PvP tactical RPG game on the PC”, developed and published…

In 2008, Satoshi Nakamoto published the Bitcoin whitepaper with the aim of creating a system that would replace the need for central authorities such as banks and financial institutions to facilitate transactions. The nine-page document, called “Bitcoin: A Peer-to-Peer Electronic Cash System,” contains detailed instructions on how to make payments directly to each other based on cryptographic proofs, without relying on third-party intermediaries. I did. Since then, Bitcoin has grown from $0.05816 in 2010 to $72,500 today, making it one of the world’s largest asset classes. As we celebrate the 16th anniversary of the Bitcoin Whitepaper, let’s take a look…

If XRP’s market cap approaches the $100 billion level, it could lock in a higher price level, but most remain uncertain about the impact such a milestone will have on price. Notably, XRP was at one point the second-largest cryptocurrency on the market after Bitcoin (BTC). The altcoin battled with Ethereum (ETH) for this spot for several years, but ultimately succumbed to bearish pressure, thanks in part to contributions from the ongoing SEC litigation. Historical market capitalization movement of XRP XRP’s best performance came during the 2017 bull market, which had a significant impact on market capitalization. This helped propel…

Important points Reddit sold its Bitcoin and Ethereum holdings in Q3 2023 before the latest price surge. The company’s new investment policy restricts cryptocurrency assets and requires board approval. Share this article Social media giant Reddit has significantly reduced its cryptocurrency holdings, according to an SEC filing released yesterday.Reddit sold most of its Bitcoin and Ethereum holdings in the third quarter, selling the assets just before Bitcoin’s surge in October.This week, Bitcoin hit an all-time high of $73,569, just $168 shy of its all-time high of $73,737. However, Reddit decided to liquidate its cryptocurrency holdings when Bitcoin was trading between…

FlexiNetAI is redefining how industries adopt blockchain by integrating artificial intelligence (AI) into a versatile platform designed to serve sectors ranging from education and finance to healthcare, energy and government. Building. By combining the transparency of blockchain with the analytical power of AI, FlexiNetAI aims to streamline operations, improve decision-making, and secure data across a variety of applications. The platform’s adaptability and focus on real-world applications positions it as a valuable tool for modernizing systems and enabling blockchain adoption beyond the realm of technology. Strengthening verification and analysis in education In the education sector, FlexiNetAI provides solutions that make the…