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Cardano is likely to fall amid weak buying pressure, while Dogecoin is gaining momentum. However, the $1 mark remains elusive for both. The quest for the elusive $1 mark is a classic story in the world of cryptocurrencies. Among the candidates, established names such as Cardano (ADA) and Dogecoin (DOGE) continue to hover below this threshold. ADA has reached this range before, but DOGE, despite the attention it has received, has fallen far short of that range. A question arises here. Who will be the first to claim the coveted mark? Cardano is facing bearish pressure ADA’s recent price trend…

Tether is under investigation for alleged illegal activities and ties to sanctioned entities. Despite the intense scrutiny, Tether is exploring growth opportunities in the commodity space. This year, stablecoins have emerged as a transformative force in the crypto world, particularly highlighted by the competition between Circle’s USDC and Tether’s USDT. Visa’s on-chain analysis further showed that USDT recorded a trading volume of $6.47 billion, significantly higher than USDC’s $2.08 billion as of October 27th. Source: Visa On-Chain Analytics Is Tether under threat? As USDT’s popularity grows, The Wall Street Journal reports that the U.S. Attorney’s Office in Manhattan is investigating…

Vienna-based cryptocurrency exchange Bitpanda is considering an initial public offering in Frankfurt.Financial giants Citigroup and JPMorgan Chase are leading the move, providing guidance to Bitpanda on possible options, including a sale.Bitpanda’s potential IPO listing is expected to value it in excess of $4 billion. It was last valued at $4.1 billion in August 2021 after a major investment round led by billionaire Peter Thiel’s Valar Ventures and backed by Alan Howard and REDO Ventures.Interest in an IPO or sale has been driven by the regulatory approval of a Bitcoin ETF and subsequent success of the product. Bitcoin, which just topped…

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, surpassed the $70,000 level for the first time in four months, settling at a high of $71,000 at the time of writing. Strong and steady ETF inflows, reinforced by the increased likelihood of Donald Trump winning the US presidential election, provided a much-needed rally for BTC. 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. . 60 out of 100 (Greed) according to CoinMarketCap data. POPCAT token was…

Cryptocurrency market analysts predicted XRP price in 2025, with the second phase of the bull market looming, especially as Solana reaches $600. Due to the upcoming US presidential election and the recent momentum in Bitcoin prices, several experts are predicting another bull market for cryptocurrencies in 2025. XRP price in 2025 if Solana reaches $600 One such expert, Wall Street Bull, predicts that the price target for top assets, including Solana, could rise 119.5% to 229.25% and reach $400 to $600. At the same time, he expects XRP to see significant gains if the market follows these bullish trends. According…

Bitcoin prices rose above $71,000 on Tuesday for the first time since June, boosted by inflows into dedicated exchange-traded funds (ETFs) and speculation about next week’s U.S. presidential election.Bitcoin, the largest digital asset, rose 5% to $71,020. Bitcoin prices hit an all-time high of $73,750 in March and are up 70% in 2024. Other cryptocurrencies also rose, with No. 2 Ethereum up 5.5%, Dogecoin up 15%, Solana up 4%, and BNB up 3.3%. According to data from Coinmarketcap.The rise in Bitcoin prices comes as Republican presidential candidate Donald Trump actively embraced the digital asset during his campaign, leading traders to…

Tether CEO Paolo Ardoino revealed details of the stablecoin issuer’s reserves, with $5.58 billion in Bitcoin (BTC), $3.87 billion in gold, and US$3.87 billion in gold. It has been revealed that it holds approximately $100 billion in government bonds. The collapse comes as the company faces an alleged federal investigation in the United States and new questions about its reserve support. Reserve breakdown During the PlanB event in Lugano, Switzerland, where the company unveiled the Satoshi Nakamoto statue, the CEO revealed that Tether’s reserves include 82,454 BTC and 48.3 tons of gold. Slides from the presentation were later shared on…

Recently, there was a transfer of 10,000 ETH worth approximately $24.93 million from the Gemini exchange to an unknown wallet. Such moves are not all that uncommon in the cryptocurrency sector, but they usually indicate the intentions of large investors. These large investors are known as whales. Most of these transfers occur before major market activity, making them a useful tip for small investors and traders. This article examines the consequences of such a trade. Also technical indicators that show the latest price of Ethereum and the possibility of an uptrend.- Advertisement – Whale activity: a signal for investors? The…

Donald Trump’s cryptocurrency project, World Liberty Financial, plans to issue its own stablecoin.The project has reportedly raised $14 million to develop and launch a USD-pegged token. World Liberty Financial is currently working on ways to make this product safe for the market.Earlier this month, World Liberty Financial announced that Paxos co-founder Rich Teo will lead the project’s stablecoin. Paxos powers the stablecoins Pax Dollar (USDP) and PayPal USD (PYUSD), which were launched just a few weeks ago.PayPal conducts first commercial transaction with PYUSDPayPal completes first PYUSD transaction with help from Ernst & YoungWorld Liberty Financial describes itself as “a movement…

This week, Kiwi-based agency Darkhorse and project agency GPJ will launch the highly anticipated Binance Blockchain Week Dubai 2024, positioned as the largest ever flagship event hosted by Binance, the world’s leading cryptocurrency ecosystem. Held from October 30 to 31, 2024 at the iconic Coca-Cola Arena in Dubai, this major industry gathering will bring together the top names in Web3, blockchain, cryptocurrencies, and decentralized finance. This event promises a comprehensive exploration of current trends and future directions of these innovative technologies. Rachel Conlan, Chief Marketing Officer at Binance, shared the organization’s enthusiasm for the partnership with Darkhorse and GPJ, saying…