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Solana co-founder Anatoly Yakovenko recently pointed out that there are significant differences in how Solana and Ethereum view resource saturation and price discovery. He explained that once global resources become saturated with Solana, the current pricing mechanism will begin to become suboptimal. Although Solana's congestion implementation is much more sophisticated than most cryptocurrencies, Yakovenko made it clear that the underlying hardware would need to be scaled to efficiently handle new demands. I made it. The Ethereum vs. Solana debate continues to be salivating for retail investors, and institutional investors continue to win in that respect. Although it has generally performed…
Cryptocurrency trader Cold-Blooded Shiller outlined a bullish outlook. Bitcoin BTC/USDpoints to technical analysis and market sentiment as key factors in a potential breakout. what happened: In a Friday update on his YouTube channel, the trader highlighted the significance of Bitcoin's recent price action, particularly the formation of high-low patterns on higher time frames. He noted that Bitcoin continues to challenge the $67,000-$68,000 resistance zone, saying, “This is the first time we're seeing an uptrend structure on a higher time frame.” Ta. The trader said that while there is no guarantee of an immediate breakout, if Bitcoin rises above the $70,000…
The European Central Bank (ECB) needs to adjust its monetary policy to manage the risk that inflation in the euro area falls below its 2% target, rather than above, Francois Villeroy de Galhau, President of the Bank of France, said today. He said there may be. In a bid to stimulate the struggling economy, the ECB cut interest rates by 25 basis points on Thursday. The move comes as inflation in the euro zone fell to 1.7% in September and growth slowed, particularly in Germany. “The risk of falling short of target in the long term is just as present…
EU Crypto Regulation Ushers in a New Digital Currency Era – PayPal Holdings (NASDAQ:PYPL), Coinbase Glb (NASDAQ:COIN)
The EU's cryptocurrency regulation, the Market for Cryptoassets (MiCA), heralds a new era for the industry, providing access to approximately 18% of the world's cryptocurrency trading volume. As part of efforts to create a framework across all European Union (EU) member states, MiCA has made it mandatory for all stablecoin issuers to hold an electronic money institution (EMI) license from June 30th . imposed strict compliance requirements on exchanges; Some exchanges have adjusted their offerings to include only stablecoins that meet EU cryptocurrency regulations. They hope to maintain access to a potential market of more than 200 million once MiCA…
Monero is currently the king of privacy coins, leading all coins in this category in terms of both market capitalization and real-world adoption. In this article, we will show you how to buy Monero with a credit card and highlight the most important pros and cons of using this Monero purchase method. Main highlights: You can buy Monero with your credit card using platforms such as Kraken, KuCoin, ChangeNOW, and Atomic Wallet Buying cryptocurrencies with credit card is very convenient and fast However, this method of purchasing cryptocurrencies is also expensive in terms of fees and is not private. Privacy…
The bullish theory for Bitcoin trading above $100,000 has only solidified in recent weeks, Bitwise CIO Matt Hogan argues in a new X post. Hogan said Bitcoin (BTC), the only trillion-dollar cryptocurrency, will inevitably reach more than six digits per coin due to a combination of institutional, macroeconomic, and on-chain factors. I explained. Exchange-traded fund expert Eric Balchunas said that the total net flow of spot Bitcoin exchange-traded funds in the United States exceeded $20 billion. The US Bitcoin ETF complex saw $1.5 billion in inflows this week, pushing assets under management to over $65 billion. ETFs tracking legacy assets…
Summary of recent transactionsOn October 18, 2024, Radcliffe Capital Management, LP (Trades, Portfolio) acquired 791,981 shares of Bitcoin Depot Inc (NASDAQ:BTM), making a significant addition to its investment portfolio. The transaction was executed at a price of $1.49 per share and represents a significant expansion of the company's holdings in the crypto sector. The transaction not only increased the company's total number of Bitcoin Depot shares to 791,981 shares, but also adjusted the company's portfolio, with Bitcoin Depot now accounting for 0.25% of its total investment. .Radcliffe Capital Management, LP Profile (Trades, Portfolio)Radcliffe Capital Management, located at 50 Monument Road,…
Four mysterious accounts distribute $30 million in cryptocurrency in a bet that Trump will win the White House
Four mysterious accounts reportedly bet $30 million on Trump in November's presidential election.Bettors on Polymarket, a cryptocurrency-based prediction market, have increased their bets that the Republican candidate will win the election in recent weeks.The national opinion poll average is 538 Harris had a 2.5 point lead over Trump, compared to 60% betting odds on Friday at Polymarket, compared to 39% for Harris.Polymarket, a cryptocurrency-based prediction market, shows a pro-Trump betting spree since October 7th (Polymarket)Opponents were evenly matched in online markets until October 7, when the former president began making significant profits.A flood of support for Trump wall street journal…
Freedom Factory has announced the launch of dGEN1, a mobile device designed to make on-chain cryptocurrency transactions more accessible.Scheduled to ship in spring 2025. dGEN1 is positioned as an everyday carry (EDC) device that allows users to interact with decentralized applications (daps) without the need for third-party intermediaries or hidden fees.“Cryptocurrencies are no longer limited to desktop or browser applications; on-chain has become seamless,” Marcus Haas, CEO of Freedom Factory and co-developer of dGEN1, said in a statement. decryption. he explained it by integrating Ethereum At the operating system level, dGEN1 “removes the friction and complexity of cryptocurrency interactions” and…
Eurozone companies have seen their performance momentum slow further, but overall economic growth is likely to remain positive as expansion in services offsets the manufacturing downturn, the European Central Bank (ECB) said. ) was discovered through a survey.The ECB on Thursday raised interest rates for the third time this year in hopes of preventing further economic decline, although Germany, its biggest economy, could slip into recession and the eurozone economy is barely growing. has been lowered by 0.25%.The deteriorating mood among the 95 large non-financial companies surveyed reflects growing concerns about competitiveness, uncertainty about the green transition, high costs and…