Browsing: Bitcoin

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The cryptocurrency market is full of surprises, thus it is not an unusual occurrence for rookie coins to occasionally outperform their “older colleagues” in an incomparable way. These kinds of surprises are undoubtedly the most frequent among meme coins since some of them frequently see their values soar, the cryptocurrency market soars, and all other cryptocurrencies are eclipsed. Experts in cryptocurrency foresee a similar outcome for Meme Kombat ($MK), a relatively new game but already rather popular. More and more investors are choosing to purchase this coin, which is not surprising given that experts say it might overtake the most…

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In 2016, Craig Wright made public his claims to be the person who invented Bitcoin, Satoshi Nakamoto. Since then, the crypto community has expressed scepticism about it, and the true identity of the person behind the pseudonym is still a mystery. A lawsuit has been launched by the Crypto Open Patent Alliance, or COPA, in an attempt to get a decision that the computer scientist is not who he says he is. Craig’s accusations were declared blatantly untrue by the High Court. A collection of Bitcoin exchanges and developers is represented by Jonathan Hough KC. With the latest statement making…

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At the moment, Dogecoin is unavailable for 24 hours, 7 days, and 30 days. In the same order, the slip is 0.66%, 1.17%, and 6.13%. However, nobody really truly lost interest in the meme token. There are currently two main reasons for members of the community to bolster their ideas, as the community has always supported it. Two scenarios have surfaced, indicating that Dogecoin is becoming more popular and that a potential recovery exists for DOGE. These two scenarios have to do with the launch of Doom and the X payment platform. The acquisition of X by Elon Musk, followed…

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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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The second incarnation of Solana’s innovative foray into the worlds of technology and cryptocurrencies is now available. It is simply a revamped and modernized product when compared to its predecessor; its distinguishing features are the Solan cryptocurrency ecosystem and its pricing. It is projected that Solana Saga Phone: Chapter 2 will retail for $450 in advance orders and be available for purchase in 2025. Compared to its April 2023 delivery predecessor, this item weights a lot less. The second edition, however less expensive, has some functionalities that are equal and an analogous interface with the Solana ecosystem. Solana Labs indicated…

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The Celo Foundations said in a news statement on Tuesday that stablecoin issuer Circle has increased native issuance of its $26 billion stablecoin USDC to the Celo network. According to the press release, the initiative aims to expand peer-to-peer transactions and cross-border payments in poor regions by simplifying conversion from local currencies within the Celo ecosystem. A community vote to allow the payment of transaction fees (gas) with USDC stablecoin will also be proposed by CLabs, an organization devoted to the development of the Celo ecosystem. The USDC expansion coincided with Celo’s growing competition to be a key component of…

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In the volatile world of cryptocurrencies, recent market swings have resulted in slight declines for Ethereum (ETH) and XRP (XRP). Meanwhile, Scorpion Casino’s (SCORP) presale is gathering steam, having recently surpassed $3.5 million with over 8000 customers. Ethereum (ETH) is Experiencing a Minor Decline One of the mainstays of the cryptocurrency market, Ethereum, has seen a minor decline in value recently, with its value falling by 8%. Even while ETH has continuously proven its resiliency and is still a significant player, external causes and market dynamics have contributed to this brief dip. Ethereum is still the second most popular cryptocurrency…

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On February 1, 2024, India’s Finance Minister Nirmala Sitharaman will deliver the budget for 2024–2025. Before the country embarks on the Lok Sabha elections, this is the final budget session. The nation’s Web3 community, for example, has made its demands known. The community wants tax breaks for things related to cryptocurrencies. This means carrying forward losses, reducing TDS from 1% to 0.01%, and having adjustable tax slabs. As a result, the Web3 community and #ReduceCryptoTax have started a trend. The community claims that although the government has been aware of their demands for the past two years, it has not…

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The native community of Theta Network is buzzing with excitement. The roadmap for 2024 has been established, including Edge Cloud at its core. The Network and Google partnership served as an inspiration for the hybrid cloud computing platform, which combines the greatest features of Edge and Cloud architecture. There are two sections to the roadmap: H1 and H2. H1-2024 includes four significant advancements that pertain to EdgeCloud’s initial release. Hosting Theta-managed nodes, launching the Elite+ Booster function for EEN, hosting well-liked models—such as language and gen-AI—and enabling virtual management in conjunction with an operations dashboard. The roadmap includes improvements to…

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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 Bitcoin seeing a large selloff and Robinhood making a huge acquisition of Shiba Inu tokens, the cryptocurrency industry is a tornado of action. Avalanche and InQubeta are showing indications of a bullish rally in this tumultuous climate, suggesting a change in investor attention and market dynamics. A Brave Step for Robin Hood with a Shiba Inu The well-known trading platform Robinhood has caused a stir in the cryptocurrency industry by accumulating an incredible 231 billion SHIB tokens in a single day. This purchase emphasizes Shiba Inu’s rising stature in the cryptocurrency world—often dubbed the “Dogecoin slayer.” According to IntoTheBlock…

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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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The reaction of investors to the BTC ETF was not what was anticipated. But after several weeks of deterioration, the mood seemed to be turning more optimistic. Solana (SOL) is at the center once more. Now that Solana has sold more NFTs than $60 million, it has surpassed the Bitcoin network. In other developments, a schedule for the release of Polygon 2.0’s interoperability layer has been revealed by Polygon Labs. NuggetRush, which recently reached a new presale milestone, is another encouraging trend that has investors’ attention. NFT Activity for Solana (SOL) Soars, Exceeding Bitcoin Solana (SOL) has been a prominent…

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The cryptocurrency landscape in India has witnessed both challenges and triumphs, with the recent resurgence in Bitcoin prices and the groundbreaking approval of a Bitcoin Exchange-Traded Fund (ETF) by the US Securities and Exchange Commission (SEC). As stakeholders gear up for the Union Budget 2024, the Indian cryptocurrency community is hopeful for a clear regulatory framework and a potential reduction in the Tax Deducted at Source (TDS) rates, signaling a critical shift in the industry. Current Taxation Landscape and Industry Concerns: The year 2022 saw the introduction of a 1% TDS on cryptocurrency transactions by the Finance Ministry in India,…

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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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In a dynamic market environment, Dogecoin and PulseChain are injecting optimism for a potential rebound. Dogecoin witnessed a notable surge, breaking a prolonged downtrend, fueled by rumors of integration with Elon Musk’s X Payments platform. Simultaneously, the decentralized finance (DeFi) network, PulseChain, experienced a remarkable climb in its Total Value Locked (TVL), nearly doubling its December levels. Adding to the positive market sentiment is Scorpion Casino (SCORP), a token that gained substantial momentum, securing $3.4 million in a presale. Let’s delve into the resurgence of SCORP’s potential in the market. Dogecoin’s Resurgence Amid X-Integration Speculations: Dogecoin surprised both market observers…

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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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Solana’s native token, SOL, is currently listed at $87.16, showing an 8.845% increase in the last 24 hours but also reflecting a notable 21.92% drop over the past 30 days, particularly around the Christmas period. SOL has witnessed a range between $80.31 and crossing the $100 milestone, facing resistance at approximately $111 since the beginning of the year, with its highest point reaching $116.1 on January 1, 2024. The crypto market, including SOL, is currently under selling pressure, impacted by the overall downturn led by Bitcoin (BTC) and Ethereum (ETH). While SOL gained momentum initially, it experienced a setback during…

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Since the launch of the Bitcoin ETF, the cryptocurrency market has experienced a downturn, with notable decreases in the valuation of major tokens. Bitcoin (BTC) has dipped to approximately $40,000, while Ethereum (ETH) is trading around $2,200. This decline is viewed by some as a temporary pullback or a necessary price correction that was anticipated in the crypto market. Renowned crypto influencers like Kyle Chasse, Ran NeuNer, and Alex Becker have expressed optimism, suggesting that the current market dip is expected to be short-lived and will likely rebound before the end of 2024. Their belief is anchored in the upcoming…

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The Ethereum community is abuzz with speculations about the imminent introduction of an Ethereum ETF, following the recent approval of 11 Bitcoin ETF applications on January 10, 2024. Ethereum, being the second-largest cryptocurrency by market valuation, holds significant potential for an ETF, especially given its widespread global support. Despite Ethereum’s current value of $2,233.48, reflecting a 0.31% decrease in the last 24 hours and a drop from the recent $2,400 mark, optimism remains high regarding its ETF prospects. Key Developments: Fidelity ETF: While BlackRock’s efforts are yet undisclosed, the SEC has delayed its ruling on the Fidelity ETF until March…

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