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Cryptocurrency prices today sparked investor curiosity globally, with top coins blocking further downward momentum. Bitcoin (BTC) price remained above the $68,000 level, while Ethereum (ETH), Solana (SOL), and XRP prices rose. At the same time, the global cryptocurrency market capitalization increased by 0.8% in the past day to $2.35 trillion. However, today's market cap was down 3.5% to $73.06 billion. Additionally, The Sandbox (SAND) emerged as the day's top gainer, leading the overall market rally. Here is a quick report on some of the top cryptocurrencies by market capitalization and their price changes as of today, October 19th. Crypto prices…
For years, the financial world has been debating the best and safest investments in uncertain times. For most conservative traders and investors, bonds are the obvious choice. However, for younger generations and tech-savvy individuals, Bitcoin is a better option. Despite financial difficulties and current global economic trends, gold remains the best option for Bank of America analysts. According to Bank of America, gold remains strong whether interest rates fall or even if they rise. Interestingly, the bank is silent about Bitcoin's role in financial markets. However, many large U.S. banks are becoming friendlier, with Bank of America's Merrill Lynch and…
Written by Swashree Ghosh(Bloomberg) – Singapore’s efforts to develop a digital asset hub were thrust back into the spotlight this week after it was revealed that Nansen Chief Executive Alex Svanevik’s application for permanent residency had been rejected.Svanevik announced the development in X on Monday, writing: I don't think it was enough. Where will you move next? ” The post quickly went viral, garnering 2.7 million views to date.This interest in mail signals prospects for the immigration and crypto sectors, which continue to be hot topics. Many countries are trying to balance the need for foreign talent with local constraints…
In the field of decentralized prediction markets, a researcher has discovered that a cryptocurrency bettor who goes by the pseudonym “Fredi9999” or simply “Fredi” has dramatically increased the odds of former President Donald Trump on the cryptocurrency platform Polymarket. accused of manipulating the Over the past two weeks, Mr. Trump's chances of winning have increased significantly from roughly equal to Vice President Kamala Harris's to 60.7%, while Ms. Harris's chances have fallen to 39.3%. The allegations were brought to light by pseudonymous political cryptocurrency bettor Domar (@Domahhh). Dormer detailed his findings in an extensive thread about X. Dormer said: He…
Following Devcon Bogota 2022, the Ethereum Foundation will hold the 7th edition of its flagship developer and community conference from November 12th to 15th, 2024 at the Queen Sikrit National Convention Center (QSNCC) in Bangkok. We are planning to hold Devcon SEA. This groundbreaking event is expected to bring together a diverse group of people, including developers, researchers, academics, and community members, to explore the future of Ethereum and its potential to reshape society.Unlike traditional crypto conferences that often focus on market trends and speculation, Devcon SEA prioritizes education, community building, and cypherpunk values that support decentralized technology. The event…
BlackRock Bitcoin ETF eats up $1 billion this week, Fidelity tops Ethereum ETFs with $31 millionBenzinga and Yahoo Finance LLC may earn commissions or revenue from some items through the links below.black rock iShares Bitcoin Trust (NASDAQ:IBIT) ETF has seen over $1 billion in inflows this week alone, which helped propel the apex cryptocurrency up 10% in seven days.what happened: The US Spot Bitcoin ETF raised $470 million on Thursday alone, according to data from SoSo Value. BlackRock's IBIT was the frontrunner, pulling in $309 million, bringing the week's total to $1.07 billion.Don't miss:Overall, Spot Bitcoin ETFs have seen significant…
A prominent cryptocurrency analyst sparked a thought-provoking discussion on social media platform X, suggesting that Dogecoin's price may reflect XRP's performance during the previous bull market. During the 2021 bull market, most major cryptocurrencies hit record highs, but XRP has struggled to break past The peak before that. Now, crypto analyst Tony “The Bull” Severino made a comparison to Dogecoin. View similar price actionsfocuses on the question of what would happen if Dogecoin “pulled XRP this cycle.” Draw parallels between XRP and Dogecoin prices According to technical analysis of In the XRP and Dogecoin price chart that Tony shared on…
Bitcoin (BTC) could be on the verge of a breakout as rising institutional investment, increased miner holdings, and increased exchange-traded product (ETP) flows point to increased demand, according to VanEck's latest Bitcoin ChainCheck report. It is said that there is.The report also highlighted that the increasing influence of institutional adoption in the Bitcoin market has strengthened the correlation between ETP flows and BTC prices.ETP correlationWeekly net inflows into U.S. Bitcoin ETPs reached $19.4 billion by mid-October, according to data from the report, indicating that inflows from institutional investors are driving much of the price discovery process. It was done.The correlation…
Almost 70% of Ethereum (ETH) institutional investors participate in ETH staking, with 60.6% of them using third-party staking platforms.Ethereum staking overviewAccording to a report by Blockworks Research, 69.2% of institutional investors who hold Ethereum are engaged in staking the platform’s native ETH token. Of these, 78.8% are investment and asset management companies.Notably, just over one in five institutional investors (22.6%) of respondents said ETH or ETH-based Liquid Staking Tokens (LST) accounted for more than 60% of their overall portfolio allocation. The answer was yes.The report notes that major changes have occurred in Ethereum's staking environment since the network moved from…
Trump's crypto holdings reflected his profound beliefs in the sector At the time of writing, the former president's polymarket odds were over 60% likely to win. Donald Trump has been pretty vocal about his support for digital currencies lately, but how much of a supporter does he really support them? Well, according to the latest information dataset The former president of Arkham Intelligence is very cooperative after all. In fact, on October 18th, His cryptocurrency holdings were valued at over $7.89 million. Source: Arkham Intelligence Interestingly, more than 65% of his current crypto portfolio consists of meme coins. Tokens inspired…