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Reddit applied to the US Securities and Exchange Commission for an initial public offering (IPO). It was discovered that Reddit has sizable Ether and Bitcoin holdings. In addition, Reddit bought Polygon and Ether to pay for the sale of specific virtual items. To list on the New York Stock Exchange and use the ticker symbol RDDT, Reddit filed for an initial public offering (IPO). It is anticipated that trading with RDDT will launch in March of this year, or 2024. Reddit is now formally recognized as a different company with digital asset holdings thanks to its IPO filing. Elon Musk’s…

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When Bitcoin made its big debut in 2009, it completely changed the global financial landscape. This was seen in 2017 when its value skyrocketed. Bitcoin is becoming more widely accepted by all kinds of investors as it becomes more incorporated into payment systems and common investments. We anticipate increased institutional adoption and increased regulatory supervision by 2024, which will promote stability. The robustness, limited supply, and widespread recognition of Bitcoin, along with the ongoing technological developments that could increase its usefulness and appeal, are all poised to revolutionize traditional finance. Patterns Influencing Bitcoin in 2024 We anticipate a significant uptick…

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After posting a $1.3 billion trade volume last night, Ripple (XRP) has begun to surge once more, increasing by more than 7% over the past few weeks. This is very positive news for investors since the Ripple native coin has been failing to break the $1 billion training volume throughout most of the first quarter of 2024. It does raise the question: Will March mark the return of XRP to $1? We want to have a look at some fascinating tokens before we respond to them. We believe that these tokens will outperform the altcoin in 2024, regardless of how…

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XRP

The CEO of Ripple, Brad Garlinghouse, recently discussed the potential for an XRP ETF. The CEO expressed his approval of an exchange-traded fund based on XRP. Speaking about an XRP ETF, Garlinghouse stated in a recent interview that “Ripple would certainly welcome it.” However, the CEO was careful not to reveal any more details regarding the possibility. In response to a query regarding Ripple’s discussions with asset managers, Garlinghouse stated, “The team will not comment on such topics right now.” BlackRock has made a few public statements. The Ripple community will find the move to be logical. One important participant…

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Following the launching of the Smog token (SMOG), the Solana meme coin scene has really taken off. Smog aims to become the best meme coin, and part of that goal is viral marketing and numerous airdrops. But because to its declining value and decreasing investor interest, BONK, another well-known meme coin, is raising concerns among investors. On the other side, the excitement around BlockDAG’s presale (BDAG) is mostly due to its environmentally friendly mining techniques, amazing ROI promises of up to 5000%, record-breaking speed, and capacity to raise $1 million in a single day. BlockDAG attracts eco-conscious clients by positioning…

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Whales are selling their shares in favour of Shiba Budz (BUDZ) in the cases of Solana (SOL) and Bonk (BONK), having realized the potential of this new cryptocurrency asset. Shiba Budz is a more alluring investment than Solana and Bonk because of its development potential, usefulness, security, and engaged community. For what reason is Shiba Budz a wiser investment than Bonk and Solana? Currently, investors are wondering why whales are opting to sell their positions in Solana and Bonk in favor of Shiba Budz (BUDZ). The special benefits that Shiba Budz provides hold the key to the solution. First off,…

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At the moment of articulating this essay, FET is fluctuating at $0.94. It might soon reach a brand-new all-time high milestone and go above $1 in the next few days. The majority of it is predicated on the idea that AI will keep becoming more and more popular everywhere. That is probably going to occur because big businesses are currently pursuing advancements in AI. One encouraging development among AI tokens is the introduction of Sola, a text-to-video generating tool, by OpenAI. These consist of Worldcoin (WLD) and FET, among others. The announcement that Deutsche Telekom will work with Fetch.ai to…

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Since its previous dip below $50,000 on February 14, 2024, Bitcoin has reached all-time highs. Bitcoin has successfully maintained its surge above $50,000, sparking anticipation that it may soon pass the $60,000 mark by June, or summer. Analysts predicted that Bitcoin may increase to that level. Before directing money to the cryptocurrency space, they have, nevertheless, also issued a warning. To begin with, everyone is focused on the Bitcoin Halving event. April of this year is when it is supposed to take place. The half of Bitcoin would reduce the amount of coins in circulation and the mining rewards. That…

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With a price spike beyond $51,000 for the first time since 2021, Bitcoin, the captain of the cryptocurrency ship, is back on track. This latest achievement suggests that the bulls are back, and investors and patient holders will soon see greater returns than before. Furthermore, the cryptocurrency industry is expected to see large gains this year due to the approval of more ETFs and the impending Bitcoin halving in Q2 2024. Amidst these positive indications, Bitcoin Minetrix, a brand-new, underappreciated presale treasure, is about to launch and is poised to completely transform the Bitcoin mining industry and provide astute investors…

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These Alternative Coins Could Beat Bitcoin (BTC) in 2024: After about a dozen spot BTC ETFs were approved in the US, PerplexiBitcoin’s start to 2024 has been very outstanding in terms of both price fluctuations and global adoption. The principal cryptocurrency is predicted to have a very successful year, with the fourth halving slated in roughly two months. Some projections include a price tag of up to $150,000, which would mean a three-fold spike from this point. But some cryptocurrencies also start to move north when Bitcoin does. After consulting ChatGPT, we decided to visit Perplexity, one of its primary competitors,…

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The Dencun update, which Ethereum is set to release on March 13, is expected to be a hit on the mainnet charts. But there’s still more! On the Polygon blockchain, Borroe Finance ($ROE), an AI-driven altcoin, is poised for an incredible growth surge of 2,000% that has the attention of everyone. Let’s examine these newsworthy stories and see why the cryptocurrency community is booming. Ethereum’s Upgrade to Dencun: A Revolutionary The impending Dencun update shows that Ethereum, the massive blockchain company, is still at the forefront of innovation. Scaling up and smoothing out are the main goals of this upgrade,…

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Animoca Brands’ membership network programme Mocaverse has teamed up with Halo Wallet, OKX Wallet, and Crypto.com DeFi Wallet. The goal of this is to make it easier for the on-chain cultural economy and Centralised Finance (CeFi) to interact. Mocaverse has unveiled Moca ID, a decentralized identity (DID) that integrates with Moca self-custodial wallets to help users advance. Moca ID will act as a gateway for consumers to easily explore various Web3 cultural exposures, such as PointFi and SocialFi, and to make the onboarding process into the Mocaverse ecosystem easier. User IDs for Crypto.com, Halo Wallet, and OKX Wallet Access to…

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SEC Chair Gary Gensler recently addressed the media and outlined the Commission’s position on Bitcoin and other cryptocurrencies. On January 10, 2024, for example, applications for the Spot Bitcoin ETF were granted, which led to rumours that further cryptocurrency ETFs would be introduced to the market. Applications for Ether ETFs are at the top of the list, and many cryptocurrency aficionados anticipate that they will be accepted by mid-year. Gary’s media appearance suggests that might not be the case. According to Gensler, the Commission has granted 11 applications for Bitcoin ETFs, but this does not always mean that they are…

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With effect from February 4, 2024, CoinDCX has stated that it is assisting more than one lakh Koinex users, allowing them to easily switch to the new platform. Empowering the Indian crypto community is the goal. Users can locate their assets and validity in the CoinDCX wallet after they have switched. The understanding between CoinDCX and Koinex makes it clear that efforts must be made to promote a safe and transparent VDA environment. For CoinDCX and Koinex customers who are new, current, and overlapping users, the transfer process is different. New users must download the CoinDCX mobile application and follow…

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There has been a lot of conjecture over how the ongoing legal dispute between Coinbase and the SEC may affect forecasts for the price of Bitcoin and altcoins like Bitbot. Regulation is not new to the cryptocurrency market. However, the result of this well-known lawsuit may be crucial for Coinbase’s future as well as the future of the larger cryptocurrency ecosystem. There are concerns regarding the possible ramifications for Bitbot’s trajectory and whether it could ride the waves of a Coinbase victory to reach new heights in 2024 as investors and cryptocurrency whales keenly follow the judicial drama. We’ll look…

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SanchoNet is now hosting Plutus V3. Advanced Plutus primitives and more tools for Cardano developers who wish to construct smart contracts are included in the team’s launch release. Supporting aspects related to voting and governance is the main goal. Additionally, Plutus V3 increases the adoption rate of smart contracts and facilitates blockchain interoperability. Input Output Global and MLabs have been collaborating on it. In the background, Plutus V3 ensures that developers have access to all the tools required by industry standards. It expands upon the Valentine update, which included SECP elliptic curve support. Sums of Products is one of Plutus…

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One of the most well-known cryptocurrency assets available is Dogecoin, the original meme coin. Based only on market capitalization, the coin is rated eleventh out of all cryptocurrencies. In 2013, DOGE made its market debut as a lighthearted dig at the early days of Bitcoin. But since then, the coin has developed a devoted following, and new additions are released regularly. Dogechain was one of these modifications. Many people identify the Layer 2 chain solution with the DOGE brand even though it is not based on the Dogechain blockchain. Utilizing Polygon Edge technology, the blockchain that is compatible with Ethereum…

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According to Ki Young Ju, CEO of CryptoQuant, the price of bitcoin is expected to rise later this year, with the best-case scenario pushing the commodity past $100,000 for the first time. However, a few things must happen first, primarily about the recently authorized spot Bitcoin ETFs in the US. Will ETFs Drive Bitcoin’s Future Upsurge? Experts have been speculating on whether these developments will be a sell-the-news event ever since the whole crypto community and a larger portion of the traditional financial industry realized that the SEC will undoubtedly authorize spot Bitcoin ETFs sooner rather than later. That proved…

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A newcomer named XP has made his way to town to challenge the long-standing status quo in the event ticketing industry. It employs cutting-edge technology in the Solana blockchain space to innovate and upend the market. Ticketmasters has a long history of collecting exorbitant hidden fees, a practice that has drawn criticism from both customers and artists. The end result is a significantly higher cost per ticket than what is first advertised. To make matters worse, the company was also charged with operating with a lack of transparency. This is referred to as the “Ticketmaster problem” in the consumer world.…

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To address the difficulties involved in distributing a token across several chains, Axelar has introduced Interchain Token Services (ITS). The latest application maintains the characteristics and interchangeability of every ERC-20 token, enabling it to move via any blockchain that is compatible with EVM, following the same route that Axelar did. ERC-20 tokens can now move across any of the 15 EVM-compatible blockchains in Axelar’s orbit while retaining their fungibility and other properties thanks to a new technology called the Interchain Token Service (ITS). Future roster expansions are being considered. Axelar’s DeFi Head, Jason Ma, claims that tokens go through little…

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