join us telegram A channel to stay up to date on breaking news coverage The appeal of alternative digital currencies beyond Bitcoin is undeniable due to their unique proposition and potential for exponential growth. These coins offer investors several alternative opportunities to profit from the cryptocurrency market. However, identifying promising altcoins to invest in can be a difficult task for investors. Therefore, Insidebitcoins has curated a list of the best altcoins to provide investors with opportunities for their investment portfolio. 7 Best Altcoins to Invest in Right Now Last week Solana surpassed Ethereum. Decentralized Exchange (DEX) trading volume. SOL registered…
Author: Crypto Flexs
Read More
Looking ahead to 2024, we are ahead of a defining moment in the spatial computing industry. The potential use case of experiencing events like the NBA Finals from the best seats in the stadium from the comfort of your home is poised to capture the public’s imagination. These experiences that connect the physical and digital worlds will be the catalyst for widespread adoption by the early majority. The journey to VR is long and full of potential, but the convergence of technologies such as AI, blockchain, and advanced hardware is setting the stage for massive change.
The U.S. Securities and Exchange Commission reportedly engaged in several discussions with Spot Bitcoin ETF applicants prior to issuing a permit on January 10, 2024, FOX Business reported. The SEC is reportedly ready to wave the green flag on nascent spot Bitcoin exchange-traded funds (ETFs) by a specified date. Various applicants are being consulted under the assumption of FOX Business correspondent Charles Gasparino. The SEC is considering all relevant issues. In relation to the proposed ETF, the redemption module served as the wheel for both applicants and regulators. Applicants such as BlackRock express their willingness to provide in-kind repurchases. However,…
In the ever-evolving world of Forex trading, 2023 has seen a major paradigm shift. catalyst? The rapidly growing influence of social media. Once seen as a peripheral player in financial markets, social media has now become a central hub influencing financial markets. emotions forex Affects currency movements.Known for its volatility and liquidity, the foreign exchange market has traditionally been driven by economic indicators and geopolitical events. However, in 2023, the impact of social media platforms such as Twitter, Reddit, and LinkedIn cannot be denied. These platforms have become an important source of real-time news, opinions, and market trends and have…
After a relatively quiet start to the week, Ethereum price appears to be back to some of its early December promise. However, recent on-chain revelations show that the “king of altcoins” may face uncertainty in the coming weeks. Over the past few days, massive amounts of ETH have flowed into centralized exchanges, causing a surge in Ethereum balances on those platforms. 200,000 ETH was transferred to the exchange in 4 days. What’s next? In a post on the This on-chain disclosure is based on the “Balance On Exchanges” indicator from data analytics platform Glassnode. About 200,000 in the last 96…
A note on the official Ethereum GitHub repository states that the testing phase of the upcoming Ethereum upgrade, named Dencun, will begin on January 17. The Goerli testnet will be the first to receive the upgrade, while the Sepolia and Holesky testnets will receive the upgrade in the coming weeks. However, the Ethereum team did not disclose the exact timing of the upgrade mainnet launch. It was originally scheduled for remodeling in the fourth quarter of 2023, but was postponed to 2024 due to engineering issues. Tim Beiko, head of protocol support at the Ethereum Foundation, pointed out that the…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Decentralized finance (defi) is becoming increasingly popular, offering services such as liquidity pools, yield farming, staking, and blockchain lending. Major protocols include Compound (COMP) and Aave (AAVE). Meanwhile, PLX is also attracting attention for its staking function. What are compounds? Compound operates as a lending protocol that allows users to earn interest on their cryptocurrencies. Users deposit tokens into a composite pool and receive cTokens in return. These cTokens represent shares in the pool and can be redeemed for…
A widely respected cryptocurrency trader has warned that Bitcoin (BTC) and other altcoins could soon create a sudden trend reversal towards new lows. Capo, pseudonym trader and cryptocurrency bear says The 781,400 followers on social media platform “As posted on TG (Telegram) a few days ago, BTC is probably forming a local high around $40,000-$45,000. ETH could reach $2,500 and some alternatives may have their last pump. After that, a complete reversal to new lows is likely over the next few weeks… I still believe there will be new lows before the real bull market begins.” Source: Capo/X The trader…
The price of Avalanche (AVAX) is steadily rising ahead of the holiday season. As a result, the value of altcoins has increased more than 5-fold in just two months. In any case, AVAX’s price still has more potential than most other cryptocurrencies, with the price rising about 300% over the same period. As the cryptocurrency continues to make steady progress towards the coveted $50 mark, a level it hasn’t reached since May 2022, investors and enthusiasts are keeping a close eye on AVAX to see if it can reach this milestone before the end of the year. AVAX Surges: Resistance…
Disclosure: The views and opinions expressed herein are solely those of the author and do not represent the views and opinions of crypto.news editorial. Dubai’s cryptocurrency industry has been attracting attention among media and entrepreneurs. “Emirates has announced that it will begin accepting Bitcoin as a payment method.” “The UAE government is committed to fully transitioning its operations to blockchain by 2030.” “With Binance’s move to CZ Dubai, we announced that our Paris and Dubai offices will become Binance’s global hub.” The 2020-2021 Bitcoin (BTC) boom, massive startup funding, and tax haven reputation have made the city synonymous with all…