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Author: Crypto Flexs
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Our privacy policy, Terms of Use, cookie, and Do Not Sell My Personal Information has been updated.CoinDesk is a leader in news and information about cryptocurrencies, digital assets and the future of money. award-winning We are a media outlet that pursues and adheres to the highest standards of journalism. Strict editorial policy. November 2023, Acquired CoinDesk Bullish Group Owner Bullish is a regulated institutional digital asset exchange. The Bullish group owns the majority. Block One; both groups understanding It has various blockchain and digital asset businesses and a significant portion of digital assets, including Bitcoin. CoinDesk operates as an independent…
TLDR DAI defied Bitcoin Cash and experienced a price decline due to low investor interest. Shiba Inu’s massive rally has slowed despite the project’s upcoming Sheboshi NFT debut. NuggetRush creates a comprehensive ecosystem where diverse investors can thrive and connect. DAI is the leading stablecoin on the market that is not tied to a single currency. Its value comes from the collateral backing it. Recently, DAI upset Bitcoin Cash (BCH), with BCH plummeting more than 16% from its January high. This downward trend has discouraged many people looking to purchase the token, and investors are wondering whether Shiba Inu (SHIB)…
Changes in technical indicators that have sparked predictions of an imminent altcoin surge have caught the attention of analysts predicting a significant rise. The optimism comes as the Gaussian Channel, a technical indicator used to assess market momentum, turned from red to green after several weeks. What this change means is that leading altcoins like Ethereum, Solana, and even Dogecoin could see strength in the coming days. However, from a technical perspective, it is better to confirm such an uptrend if a comprehensive break is made above the immediate resistance level. When this happens, altcoin markets could see a “parabolic”…
An executive at Circle told Congress this week that he hopes the U.S. Treasury will consider taking action against Tether. Caroline Hill, Circle’s senior director of global policy and regulatory strategy, testified Thursday before the House Subcommittee on Digital Assets, Financial Technology and Inclusion. Circle issues USDC, the second largest stablecoin by market capitalization. Rep. Wiley Nickel (D-North Carolina) asked Hill about Tether, which issues the leading stablecoin USDT. “Cantor Fitzgerald, an American financial services company, reportedly manages Tether’s $72 billion Treasury portfolio, giving Tether access to the U.S. dollar. It is unacceptable that Cantor promotes terrorism and illegal activities…
Several outliers continue to break through the bearish attitude seen in the cryptocurrency market recently. UNI is one of these tokens. imposing With a surge of more than 12% in the last 24 hours, investors have flocked to this altcoin to continue its strong performance. A lot will happen for investors in the first quarter of this year. Just this month, Uniswap reported Deploying on Arbitrum has significantly increased the latter’s swap volume. This news is also coupled with some exciting new information about the latest on Uniswap’s agenda: the launch of Uniswap v4. Arbitrum swap trading volume has more…
USDT to the moon? Tether inches closer to $100 billion market capitalization.Tether, a leading stablecoin, is on the verge of reaching a market capitalization of $100 billion, signifying its dominance in the cryptocurrency market. Tether’s stability and financial performance have made it a preferred choice for investors, but regulatory scrutiny and potential dependence on the U.S. dollar pose challenges. Tether’s success has also led to a surge in the market capitalization of other stablecoins, highlighting the growing role of stablecoins in the cryptocurrency ecosystem. Tether’s future trajectory and its implications for the stablecoin revolution remain uncertain. As Tether navigates regulatory…
Looking at the most recent developments, we see the altcoin market bouncing back and analysts like Michaël van de Poppe making predictions for future returns. Once market capitalization (excluding Bitcoin) passes the crucial $675 billion milestone, you might wonder if a $1 trillion boom is imminent. At the same time, the meme coin market places a premium on the Meme Moguls (MGLS) token. additionally, BlockDAG Network (BDAG) blocks the path of your rivals. More than $1 million was raised during the pre-sale period. BlockDAG beats the hype of Meme Moguls with the potential to achieve over 5000x ROI. Altcoins exceed…
Identifying the optimal moment to exit the cryptocurrency market is just as important as your investment decision. Dennis Liu, also known as Virtual Bacon, shared his systematic and strategic approach to navigating Bitcoin’s highs and lows. He proposed three exit plans designed to signal when the market has reached its peak. 1. Price target: first pioneer An initial signal to consider is the achievement of specific price targets, such as $200,000 for Bitcoin and $15,000 for Ethereum. Liu suggested that reaching these numbers could indicate that the market has reached its peak. These criteria are based on historical market cycles…
If you haven’t heard of BitMiles yet, you’re missing out on a highly profitable and surprisingly easy way to earn big money. BitMiles is a modern platform that allows users to earn rewards by engaging with content and completing tasks online. Whether you’re a social media enthusiast, a content creator, or someone who loves expressing your opinions, BitMiles has something for everyone. How does BitMiles work? BitMiles operates on blockchain technology principles, allowing users to earn “miles” for their online activities. These miles can be exchanged for a variety of rewards, including cash, gift cards, and cryptocurrency. So how can…