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Kraken’s latest research reveals that 59% of respondents use dollar-cost averaging as their primary crypto investment strategy, and 83.53% use DCA at least once in their crypto activities It has become. Cryptocurrency exchange Kraken conducted a survey of 1,109 crypto investors and found that the majority of them choose dollar-cost averaging when purchasing cryptocurrencies. As many as 59% of investors use DCA as their primary cryptocurrency investment strategy. Dollar-cost averaging is an investment strategy that involves purchasing a fixed amount of cryptocurrency at regular intervals over a period of time. This gives investors a “set it and forget it” type…
XMR is up 5.8% in the past 24 hours, showing early signs of recovery and sparking renewed optimism among supporters of the privacy-focused cryptocurrency. At the time of writing, Monero (XMR) was trading at $154.14, marking a 12.56% rebound from its monthly low. This surge was accompanied by a significant increase in daily trading volume, which increased by 33% to over $65 million, according to CoinGecko. Despite the rally, Monero is still 71.5% below its all-time high of $542.33 reached in January 2015. However, broad market sentiment around Monero remains bullish, with over 83% of 2,067 votes on CoinMarketCap predicting…
David Kargel, an 86-year-old former California attorney, was sentenced to five years of probation and ordered to pay nearly $14 million after admitting to running a multi-million dollar Bitcoin Ponzi scheme. Ta.In a ruling filed Oct. 8, Las Vegas Federal Court Judge Gloria Navarro found Kargel guilty of one count of conspiracy to commit merchandise fraud, following his guilty plea in May. He is currently receiving hospice care at a senior living facility in Las Vegas due to health issues. The man will serve probation there unless he leaves, in which case he will be required to wear a monitoring…
Is Ethereum creator Vitalik Buterin a candidate for the Nobel Prize in Economics? Economists Tyler Cowen and Alex Tabarrok think so.
famous economist tyler cowen suggested Ethereum ETH/USD creator Vitalik Buterin As a candidate for the upcoming Nobel Prize in Economics. what happened: Cowen proposed this unconventional nomination during a podcast with fellow economists. Alex Tabarrok on tuesday. He praised Buterin's significant contributions to the financial economics of cryptocurrencies, stressing that his work far exceeds that of other economists. “Vitalik built a platform, created a currency, and in the process refuted the Mises regression theorem, clearly following in Satoshi (Nakamoto)’s footsteps. But what does it take to win a Nobel Prize? Do I have to?'” Tyler said. The two economists also…
Within the secretive cryptocurrency community, even the fact that “Money Electric: The Bitcoin Mystery” was created set up all sorts of strange indicators moving in different directions, but the true identity of the digital currency's founder is unknown. His true identity (usually referred to by the pseudonym Satoshi Nakamoto) has finally been revealed, which seems to have sent the community into a frenzy.Here's how to watch “Money Electric: The Bitcoin Mystery” online worldwide. From anywhere with VPN.“Money Electric: The Bitcoin Mystery” streaming details“Money Electric: The Bitcoin Mystery” premiered Tuesday, October 8th You can watch it on HBO and stream it…
Major crypto investor liquidates CUTO to increase holdings in October of this year: ETH and SOL appear to be struggling in the market
On the other hand, the market trajectory of Ethereum (ETH) and Solana (SOL) has been slow. However, given the popularity and use cases of the two projects, experts predict a significant upward trend. Find out how. As the fourth quarter begins, more investors are looking to profit in the best possible way. Aiming for big ROI in the future, major crypto investors are pouring more investments into Cutushi (CUTO), one of the hottest meme coins. Cutushi (CUTO): The hottest Ethereum-based meme coin on pre-sale Cutushi (CUTO) presents a great opportunity for investors to take part in one of the biggest…
Today's Crypto Trends: Ethereum (ETH) Price Struggle, Ripple (XRP) Bit-per-Bit ETF Application, Lexus Finance (RXS) Presale Stage 3 Early Sold Out and $2.75 Million Milestone
The cryptocurrency market is a dynamic field and is constantly influenced by various economic factors and innovations. Today, significant developments in the cryptocurrency industry highlight continued struggles and remarkable successes. Ethereum (ETH) is grappling with price resistance, Ripple (XRP) is inching closer to a groundbreaking ETF application, and Lexus Finance (RXS) is celebrating a monumental presale milestone. Ethereum price challenges Recently, Ethereum recorded a decline of 3.61% due to heavy selling. This decline comes as the altcoin is attempting to break through the key resistance area at $2,600. According to the CoinMarketCap (CMC) database, daily ETH trading volume has decreased…
Bitcoin critic Peter Schiff has suggested that MicroStrategy will buy up BTC assets seized by the US government amid President Donald Trump's crypto pledges. The US Supreme Court has refused to hear a case regarding the ownership of 69,370 Bitcoins seized by the government from the Silk Road dark web market. The decision gives the US government full control over the $4.38 billion worth of Bitcoin claimed by Battle Born Investments. The company claimed that it had purchased the rights to the virtual currency through a bankruptcy estate, but had unsuccessfully challenged it. The government now appears free to sell…
“The SEC's unfair overreach and illegal rule-making regarding virtual currencies must stop,'' says the CEO of a virtual currency exchange
On October 8, Crypto.com announced that it had filed a lawsuit with the U.S. Securities and Exchange Commission (SEC). The exchange described the lawsuit as a response to the Wells Notice issued by the SEC, which Crypto.com claims is part of the SEC's overreach in regulating the crypto industry. There is. Chris Marszalek, co-founder and CEO of Crypto.com, expressed concern about social media platform It should stop.” The exchange claims that the SEC improperly classified nearly all crypto asset transactions as securities, while excluding Bitcoin (BTC) and Ether (ETH) from this classification. Crypto.com claims that the SEC's actions are inconsistent…
The Ethereum Foundation has transferred 2,500 ETH to Bitstamp, leading to increased speculation about its potential market impact and operational needs. Ethereum’s upcoming EIP-7781 promises to increase transaction speeds by 50%, improve network efficiency, and reduce costs. According to Lookonchain, a wallet associated with the Ethereum Foundation transferred 2,500 ETH, or approximately $6.06 million, to the Bitstamp exchange. While the Foundation has occasionally made such transfers in the past, this recent transaction has sparked much speculation as the Foundation's actions could signal a possible change in market dynamics. . Wallets related to #Ethereum Foundation Deposit 2,500 $ETH(from $6.06 million) #bitstamp…