Author: admin

As the fourth quarter approaches, many coins are making headlines. Cryptocurrencies discussed the previous day include Dogecoin (DOGE), Shiba Inu (SHIB), and Lexus Finance (RXS). The causes of increased market activity for each token are different, but they all have a significant impact on the market. Dogecoin (DOGE): Whale activity accelerates momentum Dogecoin has been in the news lately thanks to the activities of prominent investors known as “whales”, i.e. investors who own large amounts of Doge. In the past few days, Dogecoin has executed a remarkable 1.4 billion DOGE, which is equivalent to $140 million in trades. The fact…

When the price falls, you will borrow more USDT than Bitcoin. A liquidation heatmap showing where BTC is going has been published. Bitcoin (BTC) appears to have found a local bottom near the midpoint of the downtrend channel it has followed for the past seven months. BTC briefly touched $66,000 before beginning a correction, with many traders speculating that the fourth quarter could bring bullish momentum to the broader crypto market. One interesting indicator that supports this sentiment is the shift from borrowing BTC during rising prices to borrowing USDT during falling prices. Traders are increasingly borrowing USDT to “buy…

Bitcoin price has broken through the resistance level around $62,000 and is poised for further upside. Ethereum price is approaching a key resistance barrier around $2,500. If the topside is solid, it would suggest a rise in the future. Ripple price is approaching the resistance level around $0.554. If rejected, the downward trend could continue. Bitcoin (BTC) has surged above a resistance wall, hinting at a possible rally, while Ethereum (ETH) is testing a key resistance level around $2,500, with its closing price pointing to further gains. Suggests. In contrast, Ripple (XRP) is approaching its resistance and a rejection here…

Cryptocurrency prices today sparked optimism among investors globally, rising significantly after a volatile trading period last week. Bitcoin (BTC) price breached the $63,000 level today, while Ethereum (ETH), Solana (SOL), and XRP mimicked the bull market. At the same time, the global cryptocurrency market capitalization rose by 2.77% today to $2.22 trillion. Furthermore, the total market value increased by 34.28% to $50.23 billion. Here is a quick summary of some of the top cryptocurrencies by market capitalization and their price as of today, October 7th. Cryptocurrency prices today: BTC, ETH, SOL, XRP soar The overall market showed bullish momentum on…

Jio Fin: SEBI has given in-principle approval to the Company and BlackRock Financial Management Inc to set up the proposed mutual fund, acting as joint sponsors. (positive) Easy Trip Planners: Due to improved bilateral relations between governments, we are resuming bookings to the Maldives. (positive) SAMHI Hotels: The company acquired Innmar Tourism and Hotels Private Limited for Rs 2.05 billion. (positive) Bundesbank: Deposits grew 16% in the second quarter and advances grew 19% year over year. CRISIL raises bank’s term deposit rating from “AA+/Positive” to “AAA/Stable” Ujjivan SFB: Total deposits increased 17% YoY and 5% QoQ. CASA increased 26% YoY…

The UAE made headlines after it removed all taxes on cryptocurrency transactions in an effort to boost the adoption of cryptocurrencies in the region. These changes are set to take effect on November 15th, and many are now focused on whether the US will follow suit, especially as we prepare for the crucial election on November 4th. There is. The Federal Tax Authority (FTA) of the United Arab Emirates has implemented changes that exempt citizens and businesses from Value Added Tax (VAT) on the transfer and conversion of virtual assets such as cryptocurrencies. Source:X This change is in line with…

Ethereum found support late last week, rejecting an attempt to go lower, and has since steadily recovered. Traders are hoping for a big close above $2,800, but the effort to shake off last week’s losses is commendable. Therefore, if the price moves higher and fixes the immediate support at $2,300, there is a good chance that Ethereum will break above $2,800. This move will be ideal for bullish traders, as the second most valuable coin has what it takes to break through $2,800, $3,000, and even $3,500. Until then, conservative, risk-off traders should watch from the sidelines, noting that the…

Multibagger Stocks: Just like Rome wasn’t built in a day, stock market investors can’t get rich overnight. It is often said that the money is not in buying and selling stocks, but in waiting. To understand how long-term investors enjoy wealth creation, we have to look at the performance of Transformers & Rectifiers (India) stock. The small-cap stock has appreciated from Rs 6.50 to Rs 680 per share since April 9, 2020. This means that the small-cap penny stock has become one of the multibagger stocks in the Indian stock market in the last nearly four years. This is one…

6:05am ▪ 2 minute read ▪ Written by Fenelon L The Bitcoin market is going through a delicate phase, characterized by increased volatility and large capital movements. Recent on-chain data reveals contrasting behavior among investors, hinting at turmoil ahead. Confused “short-termists” Short-term Bitcoin holders who hold their assets for less than 155 days face a dangerous situation. Over the past week, the realization limit for investors in this category has decreased by $6 billion, from $17 billion to $11 billion. This sharp decline indicates increased risk-taking, perhaps caused by over-optimism or an attempt to “catch up with the market.” Amr…

Renowned market analyst Egrag claimed that the target price between $27 and $44 is a conservative outlook for XRP. The experienced market observer shared this surprising perspective in a post to X on Wednesday, referring to Fibonacci channel analysis. The attached chart shows XRP’s historical performance since its inception, showing an upward movement in line with key Fibonacci levels. Egrag pointed out that this chart shows that XRP could experience a rally to reach the Fibonacci channel levels of 0.5, 0.618, and 0.702. These levels are marked with green circles on the chart and correspond to the peak points that…