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Shiba Inu (SHIB) Cryptocurrencies are experiencing a new wave of developments, with investors surprised by the sudden increase in SHIB inflows to exchanges. This move has many speculating that a decline could be imminent, indicating a potential bearish trend for the popular meme token. Amid this uncertainty, the crypto whale took the bold step of reallocating $700,000 to another asset: another Ethereum-based token. Wallitt IQ (WLTQ), We are waiting for pre-sales to start soon. WallitIQ (WLTQ) is a state-of-the-art decentralized cryptocurrency wallet built on the Ethereum blockchain and powered by artificial intelligence (AI) and machine learning (ML) algorithms. This innovative…
According to a prominent Bitcoin (BTC) analyst, ETFSwap (ETFS) Token XRP price is expected to rise to $1 while October will see an increase of up to 7,000%. Bitcoin (BTC) analyst predictions point to exciting times ahead for crypto, but the ETFSwap (ETFS) token stands out with an innovative approach that could lead to even bigger things. There is. ETFSwap (ETFS) is ready for a 7,000% price pump The ETFSwap (ETFS) platform is changing the game by combining decentralized finance (DeFi) with traditional financial markets. Focused on tokenized assets, the ETFSwap (ETFS) platform brings real-world assets such as stocks, bonds,…
Monochrome Asset Management is preparing to launch Australia's first Spot Ethereum exchange-traded fund (ETF) on the CBOE exchange following approval of the asset in the US market. The Monochrome Ethereum ETF (IETH), which begins trading on Monday 14 October, will offer Australian investors a new way to access cryptocurrencies. New service details “Monochrome hosted a private event in Sydney this week with our service providers, team and partners to celebrate the upcoming launch of the Monochrome Ethereum ETF,” the company said in an Oct. 11 post on X. I made it. IETH is accessible through most intermediary platforms in Australia…
Ethereum co-founder shared the possibility of major upgrades after the merge. Despite ETH's recovery, the threat of a downside remains. With markets off to a strong start this week, Ethereum [ETH] Co-founder Vitalik Buterin shared his insights on the potential for scaling proof-of-stake (PoS) systems. He reflected on what still can be improved after blockchain's significant transition in “The Merge.” Recently postButerin is betting on single-slot finality for faster block approval, democratization by reducing barriers to entry, and single-slot finality for greater security by hiding block proponents until they go public. He highlighted important proposals such as secret leadership elections.…
On-chain data shows that Bitcoin’s illiquid supply has recently surged to a new all-time high (ATH). Here's what this means for your assets: Approximately 74% of the circulating Bitcoin supply is currently “illiquid” In a new post on X, analyst James Van Straten discussed the latest trends in Bitcoin's illiquidity supply. The concept of Bitcoin “liquidity” comes from on-chain analytics firm Glassnode, which defines an entity’s liquidity as “the ratio of cumulative outflows to cumulative inflows over the life of the entity.” “Entity” here refers to a collection of addresses that Glassnode determines belong to the same investor. Based on…
Alex Thorne, head of research at Galaxy Digital, shared a “policy scorecard” based on US presidential candidates’ stances on the crypto industry.The card suggests that Vice President Kamala Harris wins election Downside risks to the industry are limited, which would be more favorable than the current Biden administration. However, former US president and candidate Donald Trump has shown the most positive approach towards cryptocurrencies.Analysts at Galaxy Research are “optimistic” that actions so far suggest Harris' term in office could be friendlier than that of U.S. President Joe Biden.Big differences between taxes and Bitcoin mining policyThe major differences between Ms. Harris…
Cryptocurrency markets soared on Monday as US presidential candidates vie to win crypto votes. Today's news is that Kamala Harris will support a virtual currency bill to “ensure digital asset owners and investors benefit from a regulatory framework.”Although the details were unclear, sentiment was enough to push cryptocurrencies higher, with some altcoins and meme coins benefiting the most. Solana (Code: SOL) As of 5pm ET, it's up 7% over the past 24 hours. Shiba Inu (Code: SHIB) It has increased by 5.7%. pepe (Code: Pepe) rose 11.5%, Bonk (Crypto: Bonk) It rose by 10.4%.Encryption policy discussionInvesting based on politics is…
Important points Vitalik Buterin proposes lowering the Ethereum validator threshold from 32 ETH to 1 ETH. The proposal includes a “single slot finality” feature that speeds up block confirmation. Share this article Vitalik Buterin, co-founder of Ethereum, proposed A major update to Ethereum’s proof-of-stake consensus mechanism, which signals that the lockup threshold for validators will be lowered from 32 ETH to 1 ETH. According to Buterin, “lowering the minimum staking to 1 ETH solves the problem that prevents more people from solo staking,” thereby democratizing staking and decentralizing Ethereum. will be strengthened. Currently, Ethereum requires 32 ETH to become a…
Important points The sudden rise in the price of Bitcoin to $66,000 coincided with a large inflow of USDT from whales. The price surge led to the liquidation of over $195 million in short positions. Share this article Bitcoin price rose 6% to around $66,000, showing bullish momentum by breaking above the important 200-day moving average of $63,350.Bitcoin price chart (TradingView)Over the past 24 hours. the whale moved A significant amount of USDT will flow into Binance, showing renewed interest in Bitcoin and potentially pushing the price higher.While Bitcoin has been on the rise, the S&P 500 index has also…
Cryptocurrency fraud remains a booming industry for scammers who exploit the hype, anonymity, and global influence of digital currencies. But as cryptocurrency theft and fraud soared 53% last year to reach billions, law enforcement agencies need to explore an area of historical uncertainty: where criminal sophistication often outweighs regulatory efforts. It focuses on many areas. According to one report, the number of global crypto-related convictions has increased by a “staggering 267%” over the past five years. The latest Federal Bureau of Investigation (FBI) sting that resulted in the arrest of more than a dozen criminals provides a rare look into…