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Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. A death cross formation, a technical event where the 50-day moving average drops below the 200-day moving average,…
Ethereum’s $2,400 support level and recent institutional interest due to significant outflows point to the possibility of a strong rebound towards $6,000. Competitive dynamics, including potential capital rotation from Solana and Bitcoin, could further support Ethereum’s bullish trajectory. Ether (ETH) lost 5.4% in October for the first time since 2018, consistent with recent developments discussed in the CNF update on Ethereum’s position as the backbone of the decentralized financial system through Layer 2 and Layer 1 solutions. It is expected that this will be incurred. As of October 27th, it has fallen to $2,475. Currently, Ethereum (ETH) price is $2,523.42,…
U.S. stocks rose on Monday as concerns about war in the Middle East eased ahead of a crucial week filled with big tech company earnings, inflation updates and important monthly jobs data. The Nasdaq Composite Index (^IXIC), which has a high proportion of high-tech stocks, rose about 0.6%, and the S&P 500 Index (^GSPC) rose 0.5%. The Dow Jones Industrial Average (^DJI) also rose 250 points, or about 0.6%. The market was supported by the fact that Israel limited its retaliatory strikes against Iran to military targets, rather than oil or nuclear facilities as feared. Oil futures fell nearly 6%,…
RD InnoTech partners with HashKey Exchange to launch the HKDR stablecoin, aiming to facilitate compliant cross-border payments. RD InnoTech, a Hong Kong-based subsidiary of RD Technologies Group, is moving forward with plans to launch the HKDR stablecoin, which aims to streamline international payments and cross-border transactions. The company, which is part of the Hong Kong Monetary Authority’s Stablecoin Issuer Sandbox, said in a press release on October 28 that the HKDR stablecoin was chosen for its liquidity, established ecosystem, and security as Ethereum ( announced that it will be deployed on ETH). Features. To achieve this goal, RD InnoTech partnered…
My Top 10 Things to Watch Monday, October 28th 1. Wall Street is heading for a strong move to open the new week of trading, but earnings and key forecasts for some of the most influential technology companies The bulk of this will be economic reports. Stocks were rising on Monday due to the oil market. 2. How much will oil fall? West Texas Intermediate crude oil futures, the US oil benchmark, have fallen 6% to around $67 per barrel. The decline is believed to have been caused by Israeli airstrikes over the weekend that avoided Iranian oil facilities. In…
TL;DR Dogecoin has once again climbed above $0.14, which may have been spurred by Elon Musk’s recent appearance at a Trump rally and playful nod to meme coins. Analysts see the potential for further price increases, with a price target above $0.175 if the price breaks above resistance. DOGE is on the run again The largest meme coins by total market capitalization are the top 10 best-performing cryptocurrencies today (October 28). It has gained 6% daily and is currently trading well above $0.14. DOGE price, source: CoinGecko DOGE’s resurgence may be related to Elon Musk’s recent interactions. Tesla’s CEO attended…
The possibility of Dogecoin reaching $1 is a topic of debate among analysts and investors. Recent predictions are that the asset will perform well in the next stock market cycle and may even surpass its all-time highs. DOGE is currently trading at $0.13820, up 0.53%. Analysts predict strong performance for Dogecoin in 2025 A cryptocurrency analyst named Davinci Jeremie recently posted a video on YouTube about Dogecoin’s future price outlook.- Advertisement – He spoke specifically about the 2025 bull market, declaring: “Dogecoin will rise further, perhaps to $1.” Jeremy argued that the next bull market, driven by Bitcoin’s performance, will…
With the election fast approaching, some crypto packs are focusing on the race between Republican Sen. Ted Cruz and Democratic challenger Colin Allred. Crypto-focused political action committee takes action in Texas as U.S. election day approaches and re-election battle heats up between Republican Sen. Ted Cruz and Democratic challenger Colin Allred It’s becoming more concentrated. Early voting began on October 21st, and crypto interest PACs began actively supporting Cruz’s campaign for the Senate seat. As of Oct. 24, Bitcoin Voters PAC has already spent nearly $30,000 on digital ads for Cruz, according to recent FEC filings. The Bitcoin Voter Project,…
Blockchain Wallets Explained: Securing Your Digital Assets in an Amazing Decentralized World in 2024Blockchain wallets are essential tools for anyone interested in managing digital currencies and assets. They allow users to store, send, and receive cryptocurrencies while ensuring security and control over their funds. In this article, we will explore the ins and outs of blockchain wallets, from their basic functions to advanced features and future trends. Key Takeaways A blockchain wallet is like a digital safe for cryptocurrencies, storing your keys and allowing you to manage your digital money. There are two important keys: a public key for receiving…
Ripple co-founder Chris Larsen has made headlines again, this time with a notable $11 million donation to Vice President Kamala Harris’ campaign. As the crypto sector continues to navigate a turbulent regulatory environment, Larsen’s financial support demonstrates both his political alignment and long-term strategy for Ripple and the broader blockchain space. Meanwhile, Jet Bolt (JBOLT) has skyrocketed since its pre-sale began in August 2024 with over 40 million tokens sold. Impact of Chris Larsen’s $11 million donation on XRP in the US election Ripple co-founder and chairman Chris Larsen made headlines for donating an additional $10 million in XRP to…