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Ethereum (ETH) and Solana (SOL) remain highly popular as market bulls brace for another surge. Meanwhile, Lexus Finance (RXS), a rising star in the blockchain scene, is currently attracting attention. Rexas Finance, a real-world asset tokenization system currently selling for less than $0.10, has the potential to disrupt the market. The performance of the ongoing pre-sale provided a glimpse of what this innovative project can offer in the coming months. Ethereum (ETH) could break above $10,000Despite the ongoing struggles, Ethereum’s price has been sending positive signals, suggesting the price could reach $10,000 in the next cycle. Ethereum’s 2023-2024 price change,…

Is jump trading the cause of the DIO token collapse? How did market makers leverage their partnership with Fracture Labs to make millions of dollars and leave chaos behind? Jump Trading, a well-known company in the virtual currency trading field, is currently embroiled in a legal battle. Fracture Labs, the developer of the blockchain-based game Decimated, accused Jump of running a “pump-and-dump” scheme. Fracture Labs, the company at the center of the lawsuit, alleges that Jump Trading used its role as a market maker to artificially inflate the value of DIO gaming tokens. Once the price peaked, Jump allegedly sold…

The European Central Bank (ECB) has cut interest rates for the second time in a row for the first time since 2011 to combat an expected economic slowdown in the eurozone. The ECB cut deposit interest rates by another 0.25 percentage points, raising them to 3.25%. The third interest rate cut will be in 2024. ECB President Christine Lagarde The bank did not confirm further rate cuts at its next meeting in December, but said it would continue to monitor data before making a decision. In a press statement announcing the rate cut, the ECB said the decision was taken…

Solana (SOL) price rose more than 2% on Friday as the Solana (SOL) community discussed on social media the progress of the development of Firedancer, a new validator that could improve blockchain performance. , marking a broad-based rally seen among major cryptocurrencies. Solana is preparing for the mainnet launch of Firedancer, a high-performance validator being built by Jump Crypto, a Web3 infrastructure company. Firedancer will go live on testnet in September, with mainnet launch expected in early 2025. Ethereum (ETH) rose slightly on Friday, adding to its 6.5% gain so far this week on the back of more than $79…

Bitcoin It has risen 11% over the past week and is within range of the highs recorded in July. However, problems may arise in the future. bitcoin price Zooming out to look at macroeconomic factors, one analyst said:Yuya Hasegawa, a cryptocurrency market analyst at Japan's BitBank, emphasized that the rise in US bond yields is “a cause for some concern when considering the future of Bitcoin.”Simply put, if bond yields start to stay high, bonds may become more attractive than riskier assets like Bitcoin. This could lead investors to siphon money from risky assets like stocks and cryptocurrencies and reinvest…

Crypto analyst Benjamin Cowen predicts the likely trajectory of Ethereum (ETH) vs. Bitcoin (BTC) over the coming weeks and months. Cowen told his 866,700 followers on social media platform X that the Ethereum/Bitcoin (ETH/BTC) pair is “likely” to bottom by the end of this year. According to Cowen, the ETH/BTC pair is unlikely to fall more than 20% from current levels. “If you were bullish on ETH/BTC at 0.08 but turned bearish at 0.038, the market is completely fooling you. Yes, ETH/BTC can go down, but the time to trade was two years ago, not today. ETH/BTC may bottom out…

After the European Central Bank cut its deposit facility rate by 25 basis points on Thursday 17 October, markets are now pricing in further rate cuts at the next board meeting in December. Economists are currently considering the fate of inflation, slowing growth in countries such as Germany, and the impact on bond markets.President Christine Lagarde offered no guidance on future interest rate trends at her monthly press conference, instead focusing on falling inflation and weak economic data. Forecasts after the meeting were divided among market commentators. For some, the path forward is clear. Interest rates need to be lowered…

On October 4, 2024, Matthew Sigel, Head of Digital Asset Research at global investment firm VanEck, along with investment analysts Patrick Bush and Nathan Frankovitz, published the “September 2024 VanEck Crypto Monthly Recap.” Published a blog post titled , in which Sigel discussed Ethereum's recent poor performance. Compare with Bitcoin (BTC) and Solana (SOL). Siegel said ETH is up 14% year-to-date, lagging behind BTC (+49%) and SOL (+52%). According to Siegel, this underperformance is due to the implementation of EIP-4844 on March 13, 2024, which significantly changed Ethereum’s economic model. Sigel explained that EIP-4844 created a new transaction layer for…

Home page > news > work > a16z says 'virtual currency' money laundering is the fault of evil foreigners American venture capital group Andreessen Horowitz (a16z) says crackdown on 'cryptocurrency' money laundering should focus on despicable foreigners rather than noble and honorable American operators . On October 14, technology-focused a16z's head of regulation and head of legal affairs Michelle Kober and Jay Ramaswamy, respectively, announced “concrete measures to combat money laundering'' related to digital assets. ” posted a blog detailing the issue. The authors start with the obvious, stating that “money laundering is extremely difficult to combat” because it mimics…

According to Eurostat data, the euro zone's annual inflation rate fell by 0.5 percentage points in September 2024 compared to August to 1.7%, while Estonia's inflation rate fell by 0.2 percentage points in the same period. However, the annual inflation rate doubled to 3.2%. , an ERR was reported on Thursday, October 17th. Across the eurozone, Romania reported the highest inflation rate of 4.8% in the year to September, followed by Belgium (4.3%) and Poland (4.2%). In Finland, the annual rate was 1% in September, while in Latvia it was 1.6%. Lithuania had one of the lowest interest rates at…