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In the rapidly growing crypto market, BlockDAG shines as a pioneer, setting new standards for blockchain technology amid talk of Optimism (OP) trading momentum and Monero's anticipated upgrade. . This change in focus highlights the transformational period in digital finance and builds on BlockDAG's ambition to lead with an innovative framework and an impressive pre-sale track record of $6.8 million to date and the potential to deliver returns of over 5000x. The spotlight is on. A surge of optimistic deals and strategic developments The Optimism Foundation’s recent “Bedrock” upgrade proposal has energized the cryptocurrency community, promising improvements to Layer 2…
Option 2 tradingDUBAI, United Arab Emirates, March 22, 2024 (Globe Newswire) — Amid groundbreaking changes within the crypto community, two giants of the crypto world, Ethereum (ETH) and Bitcoin, (BTC) holders are turning their focus to innovative currency issuance. A new player on the market: Option2Trade (O2T). At an attractive price of $0.0181, the “black account” cryptocurrency token is attracting the attention of these savvy investors. This strategic move is not just a vote of confidence in his Option2Trade (O2T), but signals a broader trend of diversification and exploration of new investment avenues in the cryptocurrency space. Let's dig into…
El Salvador continues to deepen its involvement in the digital currency market, particularly Bitcoin (BTC), in a series of strategic moves that emphasize its commitment to cryptocurrencies. President Nayib Boucle recently announced that El Salvador plans to buy one Bitcoin every day, aiming to continue this practice until it can no longer be purchased with fiat currency. As a result of this initiative, the country's Bitcoin holdings have increased to a total of 5,690 BTC (equivalent to approximately $400 million).This feature is part of CoinDesk's “Future of Bitcoin” package, published in time for Bitcoin's fourth “halving” in April 2024. Tatiana…
domoscanonos Business activity in the euro area approached stability in March, with preliminary PMI® survey data showing only a slight decline in output of goods and services. The slow recovery in service sector production gained momentum, and the economy slowed accordingly. Rate of decline in manufacturing production. However, continued production declines in France and Germany offset improvements in other parts of the euro area, pointing to an uneven economic picture. Encouragingly, the rate of decline in orders has slowed and business confidence for the year ahead has improved to a 13-month high. Supplier delivery times for product producers also continued…
domoscanonos Business activity in the euro area approached stability in March, with preliminary PMI® survey data showing only a slight decline in output of goods and services. The slow recovery in service sector production gained momentum, and the economy slowed accordingly. Rate of decline in manufacturing production. However, continued production declines in France and Germany offset improvements in other parts of the euro area, pointing to an uneven economic picture. Encouragingly, the rate of decline in orders has slowed and business confidence for the year ahead has improved to a 13-month high. Supplier delivery times for product producers also continued…
domoscanonos Business activity in the euro area approached stability in March, with preliminary PMI® survey data showing only a slight decline in output of goods and services. The slow recovery in service sector production gained momentum, and the economy slowed accordingly. Rate of decline in manufacturing production. However, continued production declines in France and Germany offset improvements in other parts of the euro area, pointing to an uneven economic picture. Encouragingly, the rate of decline in orders has slowed and business confidence for the year ahead has improved to a 13-month high. Supplier delivery times for product producers also continued…
Eurozone EU leaders said in a statement on Friday that they expected lower inflation to lead to an economic recovery, but acknowledged that “economic activity will be subdued in the short term.”To maintain the bloc's influence, the bloc's economy needs to become “more resilient and competitive”, says European Council president Charles Michel said on X, formerly known as Twitter.Michel chaired the Brussels meeting of countries using the single currency, the euro, convened to address the euro zone's weak economic growth.EU leaders agreed to work closely on rules for public spending and to take steps to improve the resources and efficiency…
Bitcoin The digital asset struggled to a bearish end to the week, as other cryptocurrencies also fell on Friday, with Bitcoin plunging after hitting an all-time high. Analysts and traders remain bullish on the outlook for cryptocurrencies, but there are still warning signs that the correction may not be over yet.price of Bitcoin It fell 2% in the past 24 hours to $65,500, the largest digital asset retreating after recently trading as high as over $66,600. Bitcoin hit a record level near $74,000 last week, but has since endured a volatile selloff, dropping to the $60,000 zone at a bottom…
ethereum [ETH] Concentration risks are becoming more apparent, especially while awaiting U.S. spot ETF approval. Even traditional finance (TradFi) has expressed concerns about this risk, hinting that if U.S. spot ETFs are cleared by the SEC, the outcome will be zero-sum. S&P Global covered ETH staking in its February report, saying: lido [LDO] As one of the major concentration risks. “The increase in Ether staking ETFs could impact the mix of validators participating in the Ethereum network’s consensus mechanism. The participation of institutional custodians will reduce the current concentration on the Lido decentralized staking platform. It may be alleviated.” However,…
Coinbase (COIN) is more than just a cryptocurrency exchange; its ancillary businesses continue to gain momentum, JMP Securities said in a research report on Thursday.Analysts led by Devin Ryan said: “As the market matures, price increases generally correlate with activity, and we still estimate that there is significant growth opportunity in the currency business.” Ta.JMP notes that Coinbase's daily spot trading volume averaged approximately $3.3 billion in the first quarter, more than doubling from the fourth quarter of last year. The newly launched derivatives platform is also “expanding at an incredible pace.”“Yet, compared to the growth opportunities in exchange and…