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The large transfer of 108,000 ETH signals potential selling pressure as Ethereum struggles to hold onto key resistance levels. Ethereum’s recent transaction fees reached $45 million, highlighting the increase in network activity. Ethereum has recently experienced notable changes in the market, as 108,000 ETH (worth approximately $259.2 million) was transferred to various crypto exchanges within 24 hours. The community is concerned about the possibility of selling pressure that could cause a decline in the Ethereum price thanks to this large-scale token flood. On-chain analyst Ali Martinez highlighted this move, noting that it reflects changes in market activity as remittances were…
New week, new oroscopo ciphers dedicated to the next week from October 7th to 13th. This week is characterized by Mercury’s transit into Scorpio starting October 13th (Sunday). For several months we have been devoting space to crypto horoscopes written by astrology and blockchain expert Stefania Stimolo. This is a weekly column featuring the horoscope for each zodiac sign, published every Sunday only on The Cryptonomist. In line with our slogan “Raccontiamo il Futuro”, we wanted to playfully explore this theme in this entertainment column. “`html” Cryptocurrency horoscope “” We call this a crypto horoscope due to the simple fact…
The world of cryptocurrencies has completed another week of notable events unfolding across a broader range of sectors. While the Israeli-Iranian conflict has caused major disruption across markets, recent US jobs data has sparked further investor speculation. Meanwhile, XRP faces considerable turmoil this week as the Ripple vs. US SEC saga sees new legal developments. Here are some of the most notable headlines reported by CoinGape Media over the past seven days. Crypto market braces for fallout as Middle East tensions rise and US jobs report The much-anticipated “Uptober” rally was suspended as the conflict between Israel and Iran began…
In discussions about illicit finance, cryptocurrencies often come under fire, despite the fact that cash is the preferred method for criminals. A new report released by Homeland Security Investigations (HSI) Supervisory Special Agent Robert Whitaker and the Cryptocurrency ISAC finds that regulated cryptocurrency platforms are using the transparency of blockchain to fight crime and protect the nation. Although it says it provides valuable assistance to law enforcement agencies to enhance security, misunderstandings still remain about blockchain’s role. illegal finance. Criminals’ preferred tool remains cash, not crypto The proportion of illegal activities in the total trading volume of cryptocurrencies is significantly…
The SEC filed a notice of appeal on Wednesday, October 2nd, and XRP fell to a low of $0.5075 on Thursday, October 3rd. On Friday, U.S. attorney James Phelan shared documents from the U.S. Court of Appeals for the Second Circuit that contributed to Saturday’s loss. Notably, the document revealed the SEC’s plans to appeal the summary judgment and final judgment. Summary Judgment: Important Details On July 13, 2023, Judge Annalisa Torres ruled that programmatic sales of XRP did not meet Step 3 of the Howie test. In response, the SEC filed an interlocutory motion asking the court for permission…
Lunex Network (LNEX) plans to offer long-term growth opportunities with an all-in-one DeFi trading platform that offers faster multi-chain transactions with lower gas fees.Lunex Network takes full advantage of the latest Web3 technology. Traders no longer need complex third-party wallets like MetaMask or TrustWallet. Everything is integrated directly into the platform, which simplifies the trading process and removes unnecessary KYC registration steps.Interestingly, Lunex Network is more than just trading. The platform has a number of services aimed at accelerating adoption. For businesses, there is a frictionless merchant payment gateway that enables easy cryptocurrency transactions, making it the perfect tool for…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. Memecoins can turn small investments into millions of dollars, and Rollblock’s GambleFi protocol can trigger returns 100 times greater than Ethereum tokens. The explosion of meme coins can turn small investments of less than $100 into millions of dollars. The recent price movement of PEPE in May is a good example, not to mention the huge yield brought in by Shiba Inu in 2021. Sadly, crypto memes have no practical utility. Once the initial hype subsides, they tend to…
Shiba Inu (SHIB) and Dogecoin (DOGE) have long been popular among altcoin enthusiasts, but the market’s desire for more practical, profit-oriented altcoins has shifted focus. RCO Finance (RCOF), a relatively new altcoin, is quickly gaining attention as a great alternative coin and is attracting investors’ attention to the next sub-$1 gem that offers more than just a meme. Masu. RCO Finance, which emerged as the best cryptocurrency to buy in October, is looking to counter the dominance of Shiba Inu and Dogecoin in the altcoin market this month with high ROI potential and a practical proposition. Dogecoin faces bearish territory…
DOGE gains just over 1% in the past 24 hours, Memecoin could be set for a breakout that could push it up to $0.134 Over the past week, many meme coins have recorded significant losses. This included Dogecoin (DOGE), a cryptocurrency that fell 12.4%. On the contrary, in the past 24 hours, DOGE has recorded some gains on the charts. In fact, at the time of this writing, Dogecoin was trading at $0.109. Needless to say, the general price trend of meme coins has been a hot topic among cryptocurrency analysts. One of them is Kevin Capital, whose analysts cite…
Shiba Inu (SHIB) has gained more than 5% in the past 24 hours, pulling away from Dogecoin (DOGE) as the largest meme coin by market cap posted smaller gains. Based on on-chain data, virtual whales appear to be favoring Shiba Inu over Dogecoin at the moment, considering whale activity on both meme coins. Why the price of Shiba Inu rose more than 5% compared to Dogecoin Shiba Inu price rises more than 5%, leaving Dogecoin behind as the crypto whale accumulates the second-largest meme coin by market capitalization. Shiba Inu Whale activity has exploded in recent days, with large investors…