Author: Kushal Ghale

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Dogelon Mars (ELON), which has just surpassed well-known cryptocurrencies including Bitcoin (BTC), Ether (ETH), Ripple (XRP), Dogecoin (DOGE), and Shiba Inu (SHIB), has become the most talked about cryptocurrency, according to behaviour analytics platform Santiment, according to CryptoPotato. ELON has performed well so far this year while being far from its 2021 bull market peak levels. Positive attitudes predominated in about 62% of interactions mentioning ELON, while neutral viewpoints made up around 19% of the total conversations and negative attitudes made up about 18.7%. The native token of FINSCHIA, FNSA, came in second on the list of assets that have…

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Making a comeback is XRP. The digital currency has clawed its way back to $0.49 after a period of languishing under the psychological $0.5 threshold. It’s not just hovering there either; it’s showing signs of life, including intermittent upward movements and slight dips. The current price of XRP is approximately $0.476. Let’s talk numbers now. The XRP market is still bearish, and there is a glaring shortage of liquidity. The fact that so many traders are shorting the asset typically bodes trouble. The really surprising thing, though, is that XRP is maintaining its floor at the $0.49 level despite these…

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Foresight News reports that PlutusDAO has started a discussion on the Arbitrum forum about turning on ARB staking and giving token inflation to users who lock their tokens. The first opportunity to mint tokens will be on March 15, 2024 (the minting function may only be called once a year). The Arbitrum DAO has the power to mint 2% of the total ARB supply annually as inflation. The 1.75% of the token supply that PlutusDAO suggests minting and distributing over the course of a year. PlutusDAO advises using an equivalent sum of funds from the Arbitrum DAO treasury and a…

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Even though the Cosmos (ATOM) saw an early bear grip that reached a 24-hour low of $7.09, almost surpassing the month-to-month low of $7.07, positive momentum has dominated over the past 24 hours. Customers flocked in to take advantage of the reduced prices, and the market quickly bounced back. As a result, the price increased consistently throughout the day, reaching a high of $7.31 before running into some resistance. However, the last hopeful angle remained strong, and at the time of publication, the price was trading at $7.23, remaining over the $7.20 barrier. Market capitalization and 24-hour trading volume for…

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Please keep in mind that some of the links on this page will take you to third-party websites, some of which are marketing partners and/or business partners of this website and/or its owners, operators, and associates. These third parties may pay us money in exchange for our services. Regardless of any such agreement, no responsibility is accepted for the behaviour of any third party, their behaviour, or the performance of their websites or functions. A connection, positive mention, or evaluation of a vendor or alternative should not be interpreted as a recommendation of the services or goods offered by that…

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Circle and Coinbase, the pioneering organisations behind Centre Consortium, have made a crucial decision about the structure of USDC’s governance in reaction to a recent announcement. The news release stated that as the regulatory readability of stablecoins increases in the USA, the companies reevaluated the requirement for a separate controlling corporation. Circle and Coinbase have come to the decision that Centre will cease to be a separate legal company. Circle will now take full responsibility for USDC as the issuer, including all governance and operational issues formerly handled by Centre. The redesigned building aims to improve governance, operational effectiveness, and…

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The idea that Bitcoin would drop to $12,000 before starting a new bull run has been refuted by Michael van de Poppe, the founder of MN Buying and selling. The popular crypto analyst also disagreed with the idea that the altcoin market would see another crisis before recovering. Van de Poppe clarified his position in a tweet and claimed that the lack of movement in the markets is causing cryptocurrency buyers to gradually lose faith in the markets. The cryptocurrencies have been moving lower since May 2021, signaling a bear market that has lasted for more than two years, according…

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Tron currency value continues to rise since November 2022, making 55% progress so far this year. Additionally, as upper lows occur, the upward movement helps to construct a trendline. Due to intense marketing pressure, the growing TRX prices currently face fixed rejection above $0.080. The current 22% increase in TRX prices caused the daily chart to create a rising channel. Due to the intense selling pressure at $0.085, it will end in a bearish manner. The TRX prices are back around $076 after falling 10% in just four days, which coincides with the 23.60% Fibonacci level. The TRX price has…

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127M The Sandbox (SAND) tokens have been transferred from wallets belonging to The Sandbox staff over the course of the last 12 hours, according to a tweet earlier today from on-chain monitoring service Lookonchain. The tokenomics tracking platform Token Unlocks said that 332.55 million SAND, or 16.16% of the supply that is currently in circulation, will be unlocked after 10 days. According to a post by Lookonchain, the $51.23 million value of the 127 million SAND moved today. The 332.55 million SAND blocks that will be freed in the next 10 days are expected to cost about $134.4 million. As…

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Every month’s first Friday sees the release of the Non-Farm Payrolls (NFP) data. It demonstrates the shift in the composition of the workforce in the US economy, which is the largest on the planet. As a result, the financial report directly affects financial markets. When the NFP report is released, the value of the dollar varies significantly, and participants in the cryptocurrency market are also involved in buying and selling the data. Since more institutional traders started including Bitcoin in their portfolios, the link between Bitcoin and the strength or weakness of the dollar increased. The EUR/USD exchange rate, which…

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According to a recent study by the Bank of Canada, ownership of Bitcoin in the country fell to 9% by August 2022 before barely rising to 10% by the end of the year. Canadians were mostly driven to purchase Bitcoin for financial reasons. Although cryptocurrency mining and mobile and web apps were the most popular ways to purchase cryptocurrencies in Canada, the drop in crypto ownership in that country was blamed on ecosystem breakdowns, legislative barriers, and value depreciation. The BOC still thinks that this study is relevant for keeping an eye on circumstances that might necessitate the issuance of…

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OSL, the main SFC-certified digital asset platform, has upgraded its SFC accreditation. The SFC is the Hong Kong-based Securities and Futures Commission. The certification has an immediate impact. OSL wants to give retail traders the opportunity to list themselves on its platform and engage in the buying and selling of products containing digital assets. This includes Ethereum and Bitcoin. The fact that the accreditation was obtained says a lot about how the company views compliance with all legal requirements for digital property. The updated certification fits within the parameters of the modern algorithm that the Hong Kong regulatory authorities have…

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Every asset on the market for cryptocurrencies has its own unique dynamics, and it is a constantly changing landscape. The largest altcoin, Ethereum, is currently garnering a lot of attention and is referred to many analysts as a “ticking bomb.” Even if it’s exciting, this term suggests that Ethereum could experience rapid growth in the future. The ETH/BTC trading pair is the primary topic of this article, indicating that now may be a good moment for investors to switch from Bitcoin to Ethereum. This idea comes from the way the market is now acting, which has shown Bitcoin to have…

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Purchasing and selling volumes are increasing as a result of Web3 goliaths Sandbox (SAND) and Ankr (ANKR) announcing massive megacorporation collaborations with McDonald’s, Microsoft, and Tencent. To compete, the upscale beverage NFT platform Golden Cask Membership (GCC) is introducing a whisky NFT, offering investors access to physical luxury goods through the convenience of cryptocurrency. Sandbox (SAND): A virtual McMetaverse McGoldmine? Among the several Web3 features in the crypto industry, Sandbox is staking out a distinct area of interest. Recently, Sandbox, known for its metaverse platform, teamed up with McDonald’s to develop a virtual McNuggets Land. This relationship has significantly increased…

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The value of bitcoin has recently shown some volatility after remaining unchanged for more than a week. The long-term forecasts are incredibly positive, in contrast to the short-term prediction’s apparent bearishness. Additionally, the previous price movement history and the current business setup suggest the possibility of a significant upswing, which can only be initiated if the price drops below $20,000 somewhere around the middle of 2024. Following the halving event, Bitcoin, the leading cryptocurrency, always increases quickly. But about 16 months after the halving event, a significant drop occurs. In light of this, a significant drop from the recently formed…

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The XRP token’s creator, Ripple Labs Inc., has published its Q2 XRP Markets report. The company declared its XRP holdings as of June 30, 2023, and March 31, 2023 in the report. After releasing 1 billion XRP, Ripple decided to lock back 800 million of them into escrow as a way to restore trust among the cryptocurrency community. The ownership of Ripple over the XRP held in escrow has been the subject of controversy. Mr. Huber, a crypto expert, has contributed his perspective on this issue. Explore what he has to say now. The XRP that Ripple holds has been…

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36.75 trillion Shiba Inu holdings are on the cash at the present value, according to IntoTheBlock’s active addresses by profitability. Based on their positions on the present value, addresses are categorized by IntoTheBlock according to whether they are making money (within the cash), breaking even (on the cash), or losing money (out of the cash). SHIB had increased 1.12% over the previous day as of the time of writing, reaching $0.00000828. The token has increased 6.06% during the past seven days. According to the indicator, 1,710 addresses purchased 36.75 trillion SHIB at a present value of around $0.000008. The number…

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Even though the cryptocurrency exchange reported market-beating results for its fiscal second quarter, shares of Coinbase International Inc fluctuated but ultimately closed flat in extended hours today. Why does Coinbase inventory seem to be underwhelming after hours? The inventory is mostly a reaction to a weak patch in transaction income, which came in at $327 million – down nearly 13% sequentially. Additionally, trading volume plummeted to $92 million from $145 million in the previous quarter. Curiosity revenue, which fell by around 17% on a quarter-over-quarter basis to $201 million, was also unfavorable. In response to the results report, Mark Palmer,…

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Recently, Ripple’s XRP has underperformed, partly as a result of the numerous scandals surrounding it and the unresolved worry regarding XRP’s safety standing. Additionally, concerns among traders about the SEC’s favouring of Ripple’s partial triumph have caused the XRP price to decline and even go below a critical support level. Because of this, traders are speculating about whether Ripple’s partial success has lost some of its optimistic impact and whether the price could soon drop to $0.5. XRP lost $1.5 billion from market capitalization. Following Ripple’s legal partial victory with the US Securities and Alternate Fee (SEC), XRP surged to…

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The amount of cryptocurrency bought and sold on centralized exchanges fell by 12% to $2.36 trillion. According to CCData, that is the lowest amount since the beginning of the year, signaling a significant decline in trading activity. Spot buying and selling volume dropped 10.5% to $515 billion, the second-lowest level since March 2019, according to a breakdown of those transactions. In contrast, the number of derivatives decreased 12.7% to $1.85 trillion, the second-lowest amount since December 2020. The decrease in activity was attributed by the cryptocurrency monitoring firm to a lack of price movement volatility in significant crypto assets, like…

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