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Experts believe this week's US economic calendar could position the crypto market in a bullish direction. Against this backdrop, the overall market capitalization of cryptocurrencies has risen by 8% in the past 24 hours, with Solana and Cardano leading the way at the top of the altcoin market. Cryptocurrency market is generally rising every day 8% The aim was to push the total market capitalization to $2.37 trillion after the central bank of Japan was rumored to have given up on its decision to raise interest rates. Solana (SOL) soared during the period. 5% Reaching $167 while Cardano (ADA) adds…
Ethereum co-founder Vitalik Buterin’s latest proposal on “The Scourge” about the future of Ethereum continues to generate reactions. Ethereum (ETH) co-founder Vitalik Buterin recently announced the final part of his vision for the future of Ethereum, known as “The Scourge.” Future Possibilities of the Ethereum Protocol, Part 3: The Scourge https://t.co/mtzH1ZxTak(I've tried my best to be fair to all sides of the discussion here!)— vitalik.eth (@VitalikButerin) October 20, 2024 The proposal targets two main issues: the increasing centralization of Ethereum block construction and the growing dominance of liquid staking providers. Buterin's plan includes introducing a two-tier staking system, capping staker…
12:05 ▪ 6 Minimum read time up to ▪ Luc Jose A. Between revolutionary announcements, technological advances, and regulatory disruptions, the cryptocurrency ecosystem continues to prove both a realm of limitless innovation and a battleground for regulatory and economic skirmishes. Here we have compiled the most shocking news of the past week surrounding Bitcoin, Ethereum, Binance, Solana, and Ripple. Bitcoin ETF continues to rise on historic record Bitcoin ETFs have reached new heights, with cumulative net inflows exceeding $20 billion, a historic record for these crypto-based investment products. These funds recorded $1.5 billion in infusions during the week, bringing their…
According to Henry & Partners' 2024 Crypto Asset Report, the number of Bitcoin millionaires jumped nearly 111% from 2023 to 2024, reaching 85,400. This represents 49.6% of crypto millionaires worldwide. Additionally, 5 out of 6 new crypto millionaires attribute their success to Bitcoin. Since 2023, the number of individuals worldwide holding at least $1 million in cryptocurrencies has increased by 95% to a total of 172,300. Almost half of these are now Bitcoin holders, reflecting a 111% year-on-year increase. Bitcoin's growing popularity is further evidenced by the fact that 5 out of 6 new millionaires in 2024 owe their fortunes…
At a recent conference held in Singapore, Vitalik Buterinco-founder of Ethereum ETH/USD Mr. Blockchain expressed a positive outlook on the future of cryptocurrencies despite recent industry challenges. what happened: In an interview with Nikkei Asia published on Monday, Buterin emphasized the importance of the “baptism of fire” the cryptocurrency industry has undergone, exposing weaknesses in the industry and urging necessary improvements. he cited collapse FTX As a notable example of the dangers associated with centralized platforms. FTX collapses under the leadership of Sam Bankman FreedButerin said the vulnerability of centralized exchanges has been exposed. He advocates for technological advancements such…
11:05 ▪ 5 Minimum read time up to ▪ Evans S. 2024 could be a significant milestone in the history of Bitcoin, with the price of the famous cryptocurrency predicted to exceed $80,000. As November rapidly approaches, analysts and experts are recognizing clear signs of an impending explosion in macroeconomic indicators and chart trends. What are the root causes? What can we expect in the coming weeks and months? favorable adjustment of economic conditions; The basis for Bitcoin's expected rise is not limited to simple speculation. Several factors are at play, including global economic indicators. The current situation seems favorable…
Billionaire Elon Musk was asked about XRP during a rally in Pennsylvania. However, Musk prefers to remain neutral when it comes to XRP, neither for nor against it, while at the same time extending his support to the broader cryptocurrency market and citing examples of uses for cryptocurrencies that go against centralized control. Interestingly, Musk's mention of cryptocurrencies led to a rise in the crypto market, with altcoins playing a leading role. Here's Elon Musk's answer when asked about XRP Elon Musk came to show his support for President Donald Trump, who is gaining significant support over his opponent Kamala…
house in europe Posted by: Corner October 21, 2024 Intermoney | Eurozone trade balance statistics for August were disappointing as the trade surplus narrowed significantly to €11 billion (estimated at €17.6 billion). At the same time, the July figures were revised downward to a surplus of 13.7 billion euros. The euro area's external trade surplus also contracted, mainly due to a decline in exports of machinery and vehicles. Trade tensions were evident, with exports to China falling 11% year-on-year, with weak domestic activity also having an impact. Although recent stimulus measures from the Chinese government may spur a recovery in…
Cover image (from U.Today) 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. Four key benchmarks that Ethereum hopes to achieve in the coming years were outlined by Vitalik Buterin…
Ethereum co-founder Vitalik Buterin presents his vision for the future at the 10th Global Blockchain Summit. Ethereum co-founder Vitalik Buterin reveals his vision for the future at the 10th Global Blockchain Summit October 17, 2024 – Shanghai, China – The long-awaited 10th edition hosted by Wanxiang Blockchain Lab The Global Blockchain Summit will open with a keynote speech from Ethereum co-founder Vitalik Buterin. . Buterin reflected on Ethereum's evolution since its creation, shared insights on the platform's progress, and laid out an ambitious roadmap for its future. One of the key takeaways from his speech was that Ethereum uses Layer…