Author: CryptoHoppers
Dogecoin started a fresh surge above the $0.220 resistance against the US Dollar. DOGE is up over 50% and is showing signs of more upsides. DOGE price started a fresh rally like Bitcoin and climbed above the $0.220 resistance level. The price is trading above the $0.2800 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.280 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to rally if it clears the $0.3050 and $0.3120 resistance levels. Dogecoin Price Eyes More Gains Dogecoin price…
Bitcoin has been hitting new all-time highs over the past week as the crypto market recorded strong bullish sentiment after GOP candidate Donald Trump won the U.S. presidential elections. Bitcoin (BTC) gained 18% over the past week and is up 3% in the past 24 hours. The leading cryptocurrency reached an ATH of $81,858 earlier today — currently trading at $81,000 following a mild correction. BTC price | Source: crypto.news Thanks to the consistent gains, the BTC market cap surpassed the $1.6 trillion mark. Its daily trading volume also doubled, reaching $92 billion. Bitcoin’s market dominance is hovering at 55.4%…
Bitcoin’s ascent to $80K is driven by steady ETF demand, not retail FOMO, says Cameron Winklevoss
Key Takeaways Bitcoin’s climb to $80,000 is attributed to strong institutional demand via spot Bitcoin ETFs, rather than retail FOMO. Spot Bitcoin ETFs amassed about $2.3 billion in net inflows shortly after the US presidential elections. Share this article Bitcoin reached $80,000 primarily due to consistent institutional demand through spot Bitcoin ETFs rather than retail investor activity, according to Gemini co-founder Cameron Winklevoss.He believes that this “sticky” demand from institutional investors is a sign of long-term bullish sentiment, and that the current market cycle is still in its early stages. “The road to $80k bitcoin was paved with steady ETF…
A Danvers, Massachusetts man, Trung Nguyen, was convicted of money laundering and operating an unlicensed cryptocurrency business that converted over $1 million in cash to bitcoin. Through his company, National Vending, Nguyen ran a “no questions asked” cash-to-bitcoin service from 2017 to 2020, knowingly processing funds for criminals, including a meth dealer and romance scam […] Source link
Share this article Geneva, Switzerland, November 8, 2024 – TRON DAO participated as a Gold Sponsor at Binance Blockchain Week 2024, held from October 30 to 31, 2024, in Dubai. This event brought together leaders from across the industry to discuss the evolving landscape of blockchain technology and its impact on the global economy.Key Highlights from Binance Blockchain WeekJustin Sun, founder of TRON, recently joined a Binance Live Session, “Binance Blockchain Week Dubai 2024: The Road to Dubai”, to discuss TRON’s latest advancements. He highlighted TRON’s protocol revenue reaching all-time high, a gas-free stablecoin solution, the development of a BTC…
Portal Fantasy, a pixel RPG set to release in 2025, is giving players like Regina a sneak peek with its November demo on Steam. Last Episode’s Quick Recap Fun, interactive, and strategic Web3 game – Angry Dynomites Lab! Join forces to collect resources, craft materials, and build artifacts alongside unique dynomite characters. Collaborate with the […] Source link
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.Ethereum Classic is up 4.07% today against the US DollarETC/BTC increased by 3.23% todayEthereum Classic is currently trading 4.12% below our prediction on Nov 13, 2024Ethereum Classic gained 14.37% in the last month and is down -2.75% since 1 year agoEthereum Classic price$ 20.83Ethereum Classic prediction $ 21.72…
Share this article Hamilton, Bermuda – November 11, 2024 – HashKey Global, is excited to announce support for TRC-20 USDT and TRX. HashKey Global has completed the integration of Tether (USDT) on the TRON network, and deposits and withdrawals for TRC-20 USDT are now open. Furthermore, we are pleased to announce the listing of Tronix (TRX) on November 6, 2024 at 08:00 (UTC).Ben El-Baz, Managing Director of HashKey Global, commented on the integration, stating:“We are glad to integrate with the TRON network. This integration will enhance transaction efficiency for our users, aligning perfectly with our commitment to providing reliable and…
J.P. Morgan has officially rebranded its blockchain platform from Onyx to Kinexys, a significant announcement made during the Singapore Fintech Festival by Umar Farooq, co-head of J.P. Morgan Payments. This platform is a key player in the blockchain ecosystem, having processed over $1.5 trillion in notional value since its inception. On average, Kinexys now facilitates more than $2 billion in daily transactions, showcasing a 10-fold increase in payment transactions year-over-year. This growth positions J.P. Morgan at the forefront of financial innovation, serving clients across five continents, including major corporations like Siemens and BlackRock. What’s the Official Story? According to J.P.…
Detroit is set to make history as the largest U.S. city to accept cryptocurrency payments for taxes and municipal fees. This initiative was announced by city officials and will launch in mid-2025 through a secure platform managed by PayPal. Detroit Mayor Mike Duggan emphasized the city’s commitment to technological advancement during the announcement. “Detroit is building a technology-friendly environment that empowers residents and entrepreneurs,” Duggan stated. He also added that they are excited to be one of the first major U.S. cities to explore blockchain’s civic applications. New tax system will benefit crypto holders and traditional users City Treasurer Nikhil…