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Missing out on your initial investment can be discouraging, especially when an asset like Ethereum (ETH) has skyrocketed from humble beginnings. However, the ever-expanding cryptocurrency market constantly presents new opportunities for those looking for the next breakthrough success. FX Guys ($FXG)Solana (SOL), and Cardano (ADA) have emerged as top altcoin choices for investors who missed out on $100 of Ethereum. Each of these altcoins has unique features and benefits that have the potential for explosive growth. FXGuys, on the other hand, combines the best parts of traditional finance (TradFi) and decentralized finance (DeFi) to create an innovative proprietary finance (PropFi)…
Cryptocurrency Whales secures Apecoin after 110% surge, but Cryptocurrency Allstars could be the next big rally
While ApeCoin's 110% surge attracts crypto whales, Crypto All-Stars is establishing itself in the meme coin space. The staking platform has raised $2.5 million in pre-sale, and investors are eyeing its unique features for long-term profits. Important points: – After ApeChain launch, ApeCoin surged 110% and reached $1.70 – Despite the rally, ApeCoin is still 94% below its all-time high – Crypto All-Stars raises $2 million in pre-sale, its MemeVault staking platform generates a lot of buzz ApeCoin (APE) recently experienced a 110% price increase, hitting a 6-month high of $1.70. This significant price increase came after the launch of…
Japan's National Police Agency announced that as a result of an investigation into Monero (XMR) transactions, 18 people involved in the fraud, including the alleged mastermind Yuta Kobayashi, were arrested.On October 21, local media outlet Nikkei reported that the arrests came after authorities analyzed approximately 900 fraudulent Monero transactions that resulted in more than 100 million yen ($667,216) in economic damage. .Can Monero be tracked?Monero is a digital asset known for its strong privacy and anonymity features, which has attracted the attention of malicious actors looking to exploit its security. This has led to increased scrutiny from regulators, with multiple…
in this storyThe Securities and Exchange Commission (SEC) NYSE American LLC and CBOE Listing the Spot Bitcoin Exchange Traded Fund (ETF) option marks a significant development in the history of cryptocurrencies. The approval paves the way for institutional investors, or “big fish,” to gain greater access to Bitcoin through more traditional financial products.Trump Media may just be a meme stock, strategist saysNYSE American LLC (ice-0.37%)is a subsidiary of the New York Stock Exchange (NYSE) Group and facilitates trading in a variety of financial instruments, including stocks, options, and exchange traded products (ETPs). Meanwhile, CBOE, formerly known as the Chicago Options…
Robinhood Crypto has added support for Solana cryptocurrency transfers for users within the European Union, according to an announcement. The platform announced on October 21 that customers in the EU can now send Solana (SOL) and earn a 1% deposit bonus. Notably, the SOL transfer on Robinhood Crypto comes weeks after the company rolled out crypto transfers for customers in Europe. This feature allows customers to deposit and withdraw over 20 different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and USDC (USDC). All deposits receive a 1% bonus. This offer is valid until November 30, 2024. Robinhood expands EU footprint Robinhood…
Ethereum price today: $2,600 Ethereum price is falling as it faces resistance near the downtrend line at $2,820. The total amount of ETH held in storage addresses has reached a new all-time high. The US Ethereum Spot ETF recorded a modest increase in inflows of $78.8 million last week. Ethereum (ETH) fell about 3% on Monday, moving closer to the downtrend line after last week’s more than 11% rally, erasing gains recorded on Sunday. From an on-chain and technical perspective, investors in ETH have seen moderate inflows in US spot exchange-traded funds (ETFs), with the total amount of ETH held…
Bitwise CEO Hunter Horsley believes trading volumes and inflows for the recently launched Spot Ethereum exchange-traded fund (ETF) are significantly lower than its Bitcoin counterpart. I explained the reason.In an Oct. 21 post on He pointed out that it is in the top 25 of ETPs.BlackRock's ETHA had net inflows of $1.45 billion, while Fidelity's FETH and Bitwise's ETHW saw $498 million and $321 million in inflows, respectively, according to SoSoValue data. .Overall, the data shows that the Ethereum ETF is experiencing negative flows of approximately $500 million, thanks to significant outflows from the Grayscale Ethereum Trust and low demand…
Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe that all content is accurate as of the date of publication, certain offers mentioned may not be currently available. Ripple CEO Brad Garlinghouse recently appeared on the Thinking Crypto podcast and shared his thoughts on initial…
Bitcoin price fell by 2.50% today and is currently trading at $67,402. This downtrend comes after BTC rose nearly 1% over the weekend and briefly breached the $69,000 level. Why is the price of Bitcoin falling today? Today's BTC price crashed by 2.50%, which can be attributed to the correction at the beginning of the week. Monday is typically a down day, and prices tend to correct and find support on Tuesday or Wednesday before the prevailing trend continues. BTC price today Will the trend remain bullish after this correction? Or has Bitcoin's uptrend come to an end? Has Bitcoin's…
Bitcoin is approaching $70,000 as risk-on sentiment grows.Demand from institutional investors and individuals is pushing up crypto stocks.Bernstein points to market optimism towards riskier assets such as meme coins and mining stocks.Bitcoin is approaching $70,000 again.Increased inflows into exchange-traded funds (ETFs), meme coins, and crypto-related stocks indicate investors are willing to take on more risk in hopes of higher returns.“Bitcoin ETF inflows, crypto stock markets, and retail trading sentiment scream risk-on,” Bernstein analysts said.This increased momentum could drive both institutional and retail demand, further increasing volatility.ETF flowInstitutional investor demand played a big role in Bitcoin's recent rally.Since its approval in…