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In a surprising move, other altcoin-based investment funds have failed to follow the crypto giant’s footsteps, with Solana, XRP, Cardano, and Litecoin witnessing inflows during the week. The latest weekly report on digital asset investment funds by CoinShares shows a trend of weakening investment sentiment among institutional investors. Cryptocurrency investment funds recorded inflows for the third consecutive week, with outflows of $147 million last week. Unsurprisingly, the majority of these outflows were concentrated in Bitcoin, with Ethereum following closely as the second-largest contributor to losses. Bitcoin and Ethereum products leaked causing major hemorrhage The past week has proven to be…

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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 decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and copy trading solutions to expand…

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USDT, the stablecoin issued by Tether, has reportedly been affected by the sudden return of Chinese investors to their home country’s stock market. Since the end of September, USDT has at times traded below the value of the US dollar, according to a new report from Bloomberg. Stablecoins are typically pegged to the dollar or other assets in a 1:1 ratio. The stablecoin discount comes as the People’s Bank of China implements several easing measures to mitigate the deteriorating economic outlook that has sent stock prices soaring, according to Desislava Ober, senior research analyst at blockchain data firm Kaiko. It…

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Today, the cryptocurrency space is abuzz with activity, with established players like Litecoin (LTC) and newcomers like Hedera (HBAR) navigating the market’s rough waters. Litecoin’s recent 6% rise highlights its robust nature, securing its position as the first choice for safe and fast transactions. Meanwhile, Hedera is accelerating its pace with breakthrough hashgraph technology and dynamic partnerships that set the stage for a thrilling future. Amid all these exciting developments, BlockDAG remains a hot topic thanks to its impressive $1 million prize. This mega event captivated the cryptocurrency community and promised 50 lucky winners each to win a whopping $20,000…

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In the cryptocurrency market, established currencies such as Litecoin (LTC) and emerging platforms such as Hedera (HBAR) continue to make waves. Litecoin has shown resilience recently with a 6% increase in market value, confirming its reputation for offering secure and fast trading capabilities. Meanwhile, Hedera is attracting attention for its innovative hashgraph technology and strategic partnerships. BlockDAG currently offers $1 million in benefits and continues to be a mainstay in the cryptocurrency space. The promotion generated widespread interest and 50 participants were promised the chance to receive $20,000 in BDAG coins. As the event gained traction, participants realized that referring…

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advertisement The rise of Play-to-Earn (P2E) gaming is transforming the global gaming industry, and Rocky Rabbit is leading the way with its innovative platform built on the Open Network (TON) blockchain. As more people embrace the concept of earning through gaming, Rocky Rabbit solidifies its position as one of the most attractive Toncoin (TON)-based entertainment platforms on Telegram, attracting millions of users around the world. I’m doing it. Revolutionizing the play-to-ear industry Rocky Rabbit started out as a simple tap-to-earn game, but has since evolved into a full-fledged P2E ecosystem, offering users a variety of engaging gameplay modes. Its rapid…

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Crypto.com confirmed on Tuesday that it had received a Wells Notice from the U.S. Securities and Exchange Commission, filing a federal lawsuit against the agency in Texas for “overstepping its authority by insisting on most virtual currency transactions.” He went on the offensive by filing a complaint in the district court. Securities. ” In filing the complaint, plaintiff Foris DAX Inc., also known as Crypto.com, stated that “despite bipartisan indications, the company has no jurisdiction over secondary market sales of certain tokens sold on its platform.” “We are trying to prevent the SEC from expanding.” The administration will take a…

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SBI Digital Community Co., Ltd., a subsidiary of Japanese financial conglomerate SBI Holdings, announced the public sale of its first “Crypto Canvas Collection” NFT on Polygon and the XRP Ledger. The sale period will run from October 12th to October 14th, 2024, and will be held through the platform “Bto3~Web3 Community~”, which is operated by SBI Digital Community and focuses on Web3 initiatives. SBI chooses Polygon and XRP Ledger The “Crypto Canvas Collection” aims to foster collaborative storytelling among community participants on a digital canvas. According to SBI Digital Community, “Each piece is a unique hand-drawn generated NFT.” The collection…

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U.S. stocks rose on Tuesday as investors cheered a rebound in tech stocks and a rebound from a sharp rise in oil prices, with renewed focus on interest rates and the state of the U.S. economy.The Nasdaq Composite Index (^IXIC) rose about 1.2% as the tech giant recouped some of its losses from the previous session. The benchmark S&P 500 (^GSPC) rose about 0.7%, and the Dow Jones Industrial Average (^DJI) rose about 0.2%.Stocks are expected to resume the upward trend of recent months as Monday’s headwinds ease and oil prices fall as tensions in the Middle East ease some.China’s…

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As the cryptocurrency market evolves at breakneck speed, more investors are getting in rather than sitting on the sidelines. This shift is evident with strong competitors like BlockDAG leading the way. BlockDAG’s miner sales recently passed the $5 million threshold, with over 12,600 units sold and presale revenue reaching nearly $92 million. The profitability of mining BDAG coins has led to a surge in demand for green and energy-efficient miners. After a staggering 1,960% rise, experts predict this coin could reach $20 by 2027, sparking a rush to accumulate BDAG coins before the market heats up further. . Cardano, on…

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