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18:05 ▪ 3 min read ▪ by Fenelon L. Bitcoin has reaffirmed its dominance in the turbulent virtual currency market. Its dominance has just reached an unparalleled peak since April 2021, with altcoins following suit. The king of Bitcoin reclaims his throne Amid the tense geopolitical situation, the cryptocurrency market is undergoing a period of imbalance. Still, Bitcoin stands out. The company’s market share jumped to 54% in the third quarter of 2024, a level not seen in more than three years, according to data from Into the Block. This impressive progress comes at a time when many altcoins are…

EigenLayer token drama, Ethereum scaling debate, and VC staking ethics Posted on October 6, 2024 at 12:00 PM EST. Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner discuss the latest in cryptocurrencies. In this episode, our staff details the Ethereum crisis and increasing competition from high-throughput chains like Solana. They address the explosive drama between EigenLayer and Celestia, including a controversial $82 million token sale by the VC. The discussion will also cover the future of Ethereum, staking rewards, and how re-staking can increase long-term value. Take a deep dive…

Next week on Wall Street, some economic data is expected to be released, including last month’s important consumer price inflation and producer price index.Investors will also receive the minutes of the September policy meeting of the FOMC (Federal Open Market Committee).Economic data over the coming week could provide clues as to what to expect at the next U.S. Federal Reserve meeting in November.Market participants will also be keeping an eye on tensions in the Middle East and third-quarter results starting next week.This week also includes events on artificial intelligence from Nvidia, AMD, and Hewlett Packard Enterprise.economic eventsThe September Consumer Credit…

Bitcoin is facing another correction after crossing the $62,000 level on October 2nd. However, data shows that whales are not responsible for the recent decline. Amid rising geopolitical tensions between Iran and Israel, Bitcoin (BTC) consolidated around the $60,000 zone from October 1st to October 4th. Immediately after the US employment report, the entire crypto market showed bullish momentum, with the leading cryptocurrency reaching a local high of $62,370 on October 5th. BTC Price – October 6 |Source: crypto.news Bitcoin has fallen 0.2% in the past 24 hours and is trading at $61,950 at the time of writing. Daily trading…

Bitcoin price rose 0.55% on a low-volatility weekend and is currently trading at $62,400. Following widespread market reassurance, BTC price showed sustainability at $60,000 support, prompting buyers to regain bullish momentum. This recovery could further accelerate as the UAE Federal Tax Authority (FTA) recently announced VAT exemption for the transfer and conversion of virtual assets. Will Bitcoin Prices Rise Amid New Value Added Tax Exemption for Crypto Assets in UAE? The UAE FTA recently announced significant amendments to value added tax (VAT) regulations. This includes an exemption for the transfer and conversion of virtual assets with retroactive effect from January…

Sponsored post* As Lunex Network ($LNEX) presales cross the $500,000 milestone, the hype around this dynamic decentralized finance (DeFi) platform is growing by the day. Holders of established tokens such as Tron (TRX) and Litecoin (LTC) have shown significant interest in Lunex Network ($LNEX). This modern protocol is packed with perks for traders and is powered by the highest layer of blockchain technology to provide the best all-in-one trading solution. So why are so many Tron whales and Litecoin whales diverting their funds to LNEX Network ($LNEX)? Tron (TRX): New governance features Tron (TRX) has also seen a number of…

Timothy Morano October 6, 2024 15:10 Wormhole’s Portal V2 upgrade improves user experience with new transfer routes, faster transactions, and improved UI to facilitate seamless cross-chain asset transfers. Wormhole, a prominent blockchain interoperability protocol, has announced a major upgrade to its portal application as part of a broader Era3 upgrade. The Portal V2 upgrade focuses on improving the user experience by introducing new transport routes such as intent-based transport and native-to-native swap, which significantly improves transaction speed and user interface. Improve. Key features of Portal V2 upgrade The Portal V2 upgrade introduces several new…

Dogecoin has fallen by double digits, forcing investors to move to this new high-potential Ethereum pre-sale token. Top altcoins like Dogecoin (DOGE) have failed to reverse the bearish trend that swept the crypto market in early October. As a result, investors have switched tactics and are now focusing on altcoin presales. At the same time, experienced traders discovered RCO Finance (RCOF), an emerging pre-sale token with great promise. Why is this smart trader promoting RCO Finance (RCOF) instead of Dogecoin (DOGE)? Let’s find out! Dogecoin tanks 12% in one week: Is a comeback in order? Dogecoin has had the worst…

Forget Dogecoin or Shiba Inu – market experts suggest better returns await by joining the WallitIQ (WLTQ) presale whitelist now. If you missed the early explosive gains of Dogecoin (DOGE) and Shiba Inu (SHIB), don’t worry. you are not alone. Market experts say the time to make money on these meme coins has passed and investors are hungry for the next big thing. That’s where WallitIQ (WLTQ) comes in. With the release of the pre-sale whitelist, investors have a great opportunity to jump into a revolutionary platform. According to market experts, this platform promises much greater returns than Dogecoin (DOGE)…

Some investors believe that the new cryptocurrency LNEX could reach $0.0013 to $0.1 levels before Dogecoin (DOGE) and Cardano (ADA) hit $1. I have doubts. Because the prices of both coins are still far from the $1 mark.This speculation, which has already generated more than $530,000 in revenue and sold more than 430 million tokens in a short period of time, has attracted the attention of many investors as the ongoing Lunex Network (LNEX) pre-sale makes waves. I came across it while collecting. Analysts predict that the LNEX token could jump more than 1000% before the presale ends.Lunex Network (LNEX)…