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Search Results for: market

Whales Bet Big on Bitcoin Despite Market Weakness

Bitcoin has struggled to maintain momentum in the first few days of “Uptober,” a month typically marked by bullish sentiment. Despite high community expectations for Bitcoin to surpass $70K, the flagship cryptocurrency recently hit a 16-day low. Over the past week, Bitcoin has dropped 6%, primarily due to macroeconomic factors.

October 4, 2024 2 mins read

Binance Research October Report Highlights Key Crypto Market Challenges

A Binance research October report explores issues related to fund transparency, centralization concerns, valuation, and the tactical use of rebranding as it digs into important market insights in the crypto space. It provides a thorough view of the present market dynamics by reflecting perspectives from a range of market actors, including retail users,

October 3, 2024 3 mins read

Artificial Intelligence Has Begun to Slowly Take over the Cryptocurrency Mining Market, and BitconeMine Is Fully Following This Progress and Development

BitconeMine has occupied the cryptocurrency market cloud mining through leading AI technology, and steadily growing returns mean that cryptocurrencies like BitconeMine are something all investors should consider. However, innovative projects like BitconeMine also need your attention. Given that BitconeMine hinted at a major surprise release, you can expect BitconeMine to

October 3, 2024 3 mins read

XRP Faces Market Headwinds Despite Bitwise ETF Filing

The price of XRP has slipped over 4% in the last 24 hours, despite a positive announcement regarding Bitwise Invest’s filing for an XRP exchange-traded fund (ETF) in Delaware. On Wednesday, October 2, the altcoin saw its value dip to $0.5843, following a Monday jump that closed at $0.6336. Compared

October 2, 2024 2 mins read

XRP Eyes Key Support Level as Price Dips Amid Overall Market Sell-off

The Delaware Division of Corporations website now displays an application for a Bitwise XRP exchange-traded fund (ETF). The filing states that the Bitwise XRP ETF was established on September 30, 2024. The CSC Delaware Trust Company, with headquarters in Wilmington, Delaware, was named as the registered agent. Brad Garlinghouse, CEO

October 2, 2024 1 min read

USDC Stablecoin Expands into Australia and Asia-Pacific Markets

Circle, the issuer of leading stablecoin USDC, has announced its expansion into Australia and the Asia-Pacific region, marking an important step in its global strategy. This move comes through a partnership with venture capitalist Mark Carnegie’s MHC Digital Group. Further, they aim to boost the utility of USDC by tapping

October 1, 2024 2 mins read

Vitalik Defends Polymarket Over Betting on Middle East Conflict

Ethereum co-founder Vitalik Buterin has stepped in to defend Polymarket, a decentralized prediction market, following criticism over its betting options related to the ongoing conflict in the Middle East, particularly concerning Hezbollah. The platform features bets on significant events, such as potential Israeli military actions and ceasefires, which some critics

October 1, 2024 2 mins read

Render Coin and Reef Coin: Market Price Analysis as Bitgert’s Major News Approaches

With big news impending for Bitgert, the crypto market is looking closely at the movements of both Render Coin and Reef Coin. Investors speculate about which one, between Render Coin’s utility in GPU computing and Reef Coin’s DeFi focus, will offer stability in the event of Bitgert‘s relentless ecosystem expansion.

October 1, 2024 3 mins read