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For weeks, the price of bitcoin was at $42,000. It has at last surpassed the $46,000 threshold, shattering the ceiling. The last time that BTC was traded, it was at $46,297.90, up 3.995 from the previous day. It also shows an increase of 7.20% and 0.97% over the previous 30 and 7 days, respectively. Volume during a 24-hour period is up 16.21%. The fact that the US Securities & Exchange Commission approved the applications for the Spot Bitcoin ETF is mostly to blame for the decrease in selling pressure that GBTC incited. Its current goal is to quicken expansion based…

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It is anticipated that the BNB Beacon Chain (BEP2) will entirely collapse in the upcoming months. By supporting the BEP2 network and streamlining the transfer process, Binance helps users. This was officially declared by the project team in January 2024. For every project registered, Binance has aggressively built relationships with tokens listed on the BEP2 network. The aim is to ascertain if they can initiate an ongoing shifting process when their token holders are present. Before the BEP2 network shuts down, users are highly encouraged to transfer BEP2 Binance-pegged tokens, or B-tokens, into their Binance accounts. Users will be able…

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With the attraction of parabolic profits and virality, Solana meme currencies have become quite the show in the market for enthusiasts and investors alike. On the Solana network, a surge of meme coins has been sparked by BONK’s current positive momentum. SMOG, one of the many competitors vying for attention, claims to be the next meme coin that will give early adopters enormous returns. Interestingly, this initiative has a market capitalization of almost $2 million on Jupiter, Solana’s decentralized exchange, indicating early promise. Investors and meme fans alike are impressed by this new player, and some are wondering if it…

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According to reports, the NFT crypto-hybrid ERC404, also known as Ethereum’s experiment, has produced a total volume of $87 million on decentralised exchanges, or DEXs. For NFT marketplaces, the corresponding amount is little less than $1 million. The new token combines the features of non-fungible tokens, or NFTs, with fungible tokens. Improving trading flexibility and liquidity is the ultimate objective. An NFT collection called Replicants has been used to implement ERC404. Its components can be sold on DEX platforms like UniSwap or on NFT marketplaces like OpenSea or Blur. Replicant’s price has increased from 0.38 ETH to 4.26 ETH due…

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Citrea, the first ZK Rollup for Bitcoin, has announced that it is officially online. The goal is to use zero-knowledge technologies to increase the Bitcoin blockspace’s capabilities. Users have faced the difficulty of scaling the blockchain to meet the increasing demand. That hasn’t always been the case, though, as network construction and unsafe bridges have both contributed. It is challenging because, to put it simply, existing scalability approaches do not scale Bitcoin. Citrea, which works by batching thousands of transactions, resolves that. Additionally, it guarantees that users will always have the security they need when doing transactions. Maintaining demand inside…

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Artificial intelligence, or AI, is a complex concept that has many applications in the cryptocurrency space and for people who want to comfortably traverse the rapidly changing field of AI-powered cryptocurrency. By quickly responding to sudden changes in the market and ensuring that judgments are well-informed and successful, artificial intelligence (AI) has added a layer of consistency and reliability. Artificial intelligence systems carry out activities that are frequently linked to human functions, like pattern recognition, speech interpretation, and game play. Usually, AI picks up these skills by sifting through massive volumes of data and searching for patterns that mimic human…

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The US SEC authorized applications for Bitcoin ETFs on January 10, 2024, which gave cryptocurrency aficionados hope. The valuation briefly increased, but it has now leveled off. Although the Bitcoin ETF has opened the door for further cryptocurrency exchange-traded funds (ETFs) in the future, its uptake has significantly slowed. A number of financial institutions carry out due diligence prior to the product being listed on the site. This indicates that organizations are examining Bitcoin ETFs to look for possibilities, facts, and risks. While no company has objected to being included, they have stated that they will only list the product…

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As of right now, XRP is trading at $0.5048, down 1.46% from the previous day. It also shows a decrease of 12.23% over the last 30 days and 3.97% over the previous 7 days. While the article is being written, the token keeps moving around the $0.505 mark. One of the community’s top priorities is to get closer to $0.51. That will put the project on course for the $0.52 milestone. Breaking through at $0.4 will allow for a possible decline to $0.25 while testing the 2022 low. Future-related factors impacting XRP Malicious actors are operating once more, but this…

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EasyA and Ripple have announced their partnership. The intention is to arm developers with information so they can comprehend how XRP Ledger’s interaction with EVM will operate. After that, developers will be able to take advantage of the integration’s capabilities and create effective use cases and dApps. Learning modules have already been released by EasyA. They may be seen in real-time on the EasyA app. They come in the shape of seven brand-new educational obstacles. The community will gain more from finishing the same. Members will have access to an enormous talent pool, which will open doors due to the…

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Under the BTCO brand, Invesco Galaxy has reduced the fee for its Bitcoin ETF and is waiting for assets to equal $5 billion, or six months, whichever comes first. The fee currently has a 0.25% rating, which is comparable to Fidelity, VanEck, BlackRock, and Valkyrie. The percentage has dropped from 0.39%. The providers focused on the fees in order to stand out from the throng before the SEC granted its approval. The lowest cost of all the Bitcoin ETFs is 0.39% for Franklin Templeton’s Bitcoin ETF, which trades under the ticker EZBC. This will continue until August 2, 2024, whichever…

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Dogecoin is trading at $0.0818, up 2.74% over the previous day. Its 24-hour volume has climbed by 139.37%, and its market capitalization has increased by 2.68%. The value may rise over the next few days based on sentiment and deals in the market. The ease of selling pressure in the cryptocurrency world has been attributed for most of it. The comfort that currently permeates the ecosystem was first felt by Bitcoin. An expected number has been provided by experts indicating that DOGE is about to reach a new milestone. Elements influencing the cost of Dogecoin Like all other cryptocurrencies, Dogecoin…

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In Q1 2024, the cryptocurrency market is booming. Experienced and novice traders alike are searching for the next big chance, thanks to platforms like ChainGPT and cutting-edge Telegram trading bots like Bitbot. Since its January 17 launch, Bitbot’s presale has raised $313k in just six days and has gained over 90K Twitter and X followers. Bitbot: A trading bot on Telegram that will rule cryptocurrency in the future The development of AI has contributed to the surge in popularity of cryptocurrency trading bots in recent years. Now that Telegram crypto trading bots have joined the market, users may design and…

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With 2023 continuing to be a successful year, Solana is off to a great start in 2024. According to the data, Solana recently hit a seven-day moving average of its highest level of daily new addresses ever yesterday. At the same time, earlier this month, the Layer 1 network had its highest transaction volumes since October 2022. As a result of the network’s ongoing growth in viewership, January 2014 has already seen a rise in reader subscriptions over December of the previous year. Several investors have expressed interest in Solana due to the notable spread of meme coins that it…

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The public has been alerted by the Hong Kong Securities and Futures Commission (SFC) to potentially hazardous investment products such as the “Floki Staking Programme” and the “TokenFi Staking Programme.” The Floki ecosystem is linked to both items. The SFC claims that these products provide staking services and guarantee annualised returns between thirty percent and more than one hundred percent. The watchdog did point out that neither product has been given the go-ahead to be sold in Hong Kong to the general public. Through staking, users can increase the security of the blockchain and receive incentives. Like putting money into…

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A local financial company in Hong Kong, Venture Smart Financial Holdings Limited (VSFG), declared on January 19 that it would introduce the first-ever spot Bitcoin (BTC) exchange-traded fund (ETF) in the city in the first quarter of 2019. This action has increased the talk about the recent popularity of Bitcoin ETFs and how they could further solidify Bitcoin’s dominance. The introduction of VSFG’s Bitcoin ETF has validated analysts’ optimistic forecast for the price of BTC. According to these market analysts, the launch will boost Bitcoin’s (BTC) demand and liquidity even more, driving up the price of the cryptocurrency. Bitcoin (BTC)…

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In this in-depth article, we embark on a journey through the dynamic realm of smart contracts, tracing their origins to Ethereum’s groundbreaking contributions. We delve into Ethereum’s legacy, dissecting its role in revolutionizing the blockchain industry and paving the way for decentralized applications (DApps) and the broader smart contract ecosystem. Binance Smart Chain (BSC): Navigating the Competitive Terrain – Binance Smart Chain’s Rise A focal point in Ethereum’s rearview mirror is Binance Smart Chain (BSC). We scrutinize its architecture and consensus mechanism, uncovering how BSC positions itself as a faster and cost-effective alternative for developers deploying smart contracts. Polkadot: Interoperability…

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The effect of ETFs on cryptocurrency prices has decreased, resulting in a decline in Bitcoin and other altcoins, such as Avalanche (AVAX). After surging higher after the SEC’s ruling on Bitcoin ETFs on January 10, Avalanche is currently in a negative area. Its price fell by a noteworthy 14% for a month, leaving many to question when and if there would be a return. In the meantime, InQubeta (QUBE), a developing AI cryptocurrency, has seen the emergence of a new Render (RNDR) rival. It has drawn a lot of interest as a fresh, promising initial coin offering, with investors hoping…

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Since the recent approval of the first-ever Bitcoin ETFs in the US, contrary to expectations, there hasn’t been a significant surge in BTC’s price. Instead, the world’s largest cryptocurrency is grappling near its one-month low, hovering around the crucial $40,000 mark. The slightest market fluctuation could have lasting implications for Bitcoin’s trajectory. Two weeks after the ETF approvals, volatility has intensified in the crypto market, leaving traders divided on how Bitcoin will respond at the $40,000 level. Presently, Bitcoin is trading at $40,001.23, showing a modest 0.47% growth in the last 24 hours but experiencing a 6.60% dip over the…

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Bitcoin ETFs have officially arrived following approval from the US Securities & Exchange Commission, providing traders access to platforms like BlackRock and Fidelity starting January 10, 2024. However, the community is grappling with aspects of transparency, hope, and hesitation. Transparency has become a focal point post-approval, addressing concerns about market manipulation and illicit fund transfers. Bitwise has led the way by publicly sharing a wallet address for BITB, their Bitwise Bitcoin ETF, allowing traders to verify holdings and fund flows directly on the blockchain. This move has garnered praise from industry figures, signaling a trend likely to enhance investor confidence…

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Shortly after the landmark approval of the first-ever Bitcoin ETFs in the US, contrary to expectations, BTC’s value has not experienced an exponential surge. Instead, the world’s largest cryptocurrency is grappling near its one-month low, teetering around the crucial $40,000 threshold, with even minor fluctuations poised to influence its trajectory for the coming months. As the market grapples with Bitcoin’s struggle to surpass the $40,000 mark post-ETF approvals, volatility in the crypto market has intensified over the past two weeks. Presently, Bitcoin hovers at $40,001.23, showcasing a modest 0.47% growth in the last 24 hours but experiencing a notable 6.60%…

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