XRP Poised for Major Bullish Breakout After 6 Years of Consolidation
XRP's price has seen significant fluctuations since late July, largely driven by speculation around a potential settlement between the SEC and Ripple. This anticipation caused XRP to surge from $0.599 to $0.655 in a matter of hours. Although it has since corrected, this rapid increase highlights XRP’s potential to attract...
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XRP's price has seen significant fluctuations since late July, largely driven by speculation around a potential settlement between the SEC and Ripple. This anticipation caused XRP to surge from $0.599 to $0.655 in a matter of hours. Although it has since corrected, this rapid increase highlights XRP’s potential to attract...
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Bitcoin Strategic Reserve Bill Gains Massive Support from Crypto Community
Dennis Porter, CEO and co-founder of Satoshi Action Fund, revealed a tremendous response from the cryptocurrency community regarding the Bitcoin Strategic Reserve Bill. Within 24 hours, over 1,100 letters were sent to U.S. Senators, urging them to co-sponsor the bill designed to bolster the American economy. Introducing the BTC Strategy...
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Dennis Porter, CEO and co-founder of Satoshi Action Fund, revealed a tremendous response from the cryptocurrency community regarding the Bitcoin Strategic Reserve Bill. Within 24 hours, over 1,100 letters were sent to U.S. Senators, urging them to co-sponsor the bill designed to bolster the American economy. Introducing the BTC Strategy...
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Shiba Inu's Remarkable Journey: From Meme Coin to Decentralized Powerhouse
Lucie, the marketing lead for Shiba Inu, recently reviewed the significant milestones the SHIB ecosystem has achieved. Transitioning from a joke to a substantial player in the crypto world, Shiba Inu has grown into one of the largest Web3 communities. Its token, initially considered speculative, has now evolved into a...
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Lucie, the marketing lead for Shiba Inu, recently reviewed the significant milestones the SHIB ecosystem has achieved. Transitioning from a joke to a substantial player in the crypto world, Shiba Inu has grown into one of the largest Web3 communities. Its token, initially considered speculative, has now evolved into a...
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Bitcoin's Deepest Correction in Current Cycle Sees 29% Drop
Bitcoin (BTC) has experienced a significant retracement, dropping 29% over two weeks, as noted by crypto analyst Rekt Capital. This marks the deepest correction in the current cycle. Despite this, Bitcoin has shown resilience, bouncing back 8.5% in the past 24 hours to reach the $55,000 price level. Support and...
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Bitcoin (BTC) has experienced a significant retracement, dropping 29% over two weeks, as noted by crypto analyst Rekt Capital. This marks the deepest correction in the current cycle. Despite this, Bitcoin has shown resilience, bouncing back 8.5% in the past 24 hours to reach the $55,000 price level. Support and...
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Solana Faces Major Decline Amid Crypto Market Shifts
Solana (SOL), once a beacon in the cryptocurrency world, has recently experienced a significant 27.4% decline. This downturn is influenced by various market dynamics, including macroeconomic factors, regulatory concerns, and shifting investor sentiments. Despite its robust technology and strong community, Solana's recent performance has raised concerns about its short-term stability...
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Solana (SOL), once a beacon in the cryptocurrency world, has recently experienced a significant 27.4% decline. This downturn is influenced by various market dynamics, including macroeconomic factors, regulatory concerns, and shifting investor sentiments. Despite its robust technology and strong community, Solana's recent performance has raised concerns about its short-term stability...
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Kamala Harris Urged to Reconsider Crypto Stance Amid Rising Political Pressure
As cryptocurrency becomes a pivotal issue in the U.S. presidential race, Vice President Kamala Harris is facing increasing pressure to reconsider her anti-crypto stance. Former President Donald Trump has embraced crypto, advocating for crypto donations, proposing a strategic Bitcoin reserve for the U.S., and making significant appearances at crypto events....
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As cryptocurrency becomes a pivotal issue in the U.S. presidential race, Vice President Kamala Harris is facing increasing pressure to reconsider her anti-crypto stance. Former President Donald Trump has embraced crypto, advocating for crypto donations, proposing a strategic Bitcoin reserve for the U.S., and making significant appearances at crypto events....
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Shiba Inu Lead Developer Backs Vitalik Buterin's Ethereum Vision
Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu ecosystem, has shown strong support for Ethereum co-founder Vitalik Buterin’s recent efforts to enhance user experience across the Ethereum network. Buterin addressed concerns about cross-Layer 2 interoperability in an X post earlier this week, expressing optimism that these issues will...
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Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu ecosystem, has shown strong support for Ethereum co-founder Vitalik Buterin’s recent efforts to enhance user experience across the Ethereum network. Buterin addressed concerns about cross-Layer 2 interoperability in an X post earlier this week, expressing optimism that these issues will...
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Binance Sees $1.2 Billion Influx Amid Market Downturn
Following the sharp market downturn on August 5, 2024, Binance experienced a remarkable $1.2 billion influx, showcasing significant trader activity despite falling cryptocurrency prices. CEO Richard Teng highlighted this as one of the year's strongest days for net inflows, attributing it to robust investor confidence, based on data from DeFiLlama....
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Following the sharp market downturn on August 5, 2024, Binance experienced a remarkable $1.2 billion influx, showcasing significant trader activity despite falling cryptocurrency prices. CEO Richard Teng highlighted this as one of the year's strongest days for net inflows, attributing it to robust investor confidence, based on data from DeFiLlama....
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Ethereum Holders Move $2 Billion in ETH Amid Market Activity Surge
Large Ethereum (ETH) holders have moved 820,000 ETH, equivalent to over $2 billion, in the past 24 hours. Lookonchain, a notable market analyst on X (formerly Twitter), reported that market maker Jump Crypto transferred over $29 million worth of ETH for sale and redeemed $48 million from the liquid staking...
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Large Ethereum (ETH) holders have moved 820,000 ETH, equivalent to over $2 billion, in the past 24 hours. Lookonchain, a notable market analyst on X (formerly Twitter), reported that market maker Jump Crypto transferred over $29 million worth of ETH for sale and redeemed $48 million from the liquid staking...
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Major Ethereum Transfers and ETF Inflows Impact Market Dynamics
In a notable development, large Ethereum (ETH) holders have moved 820,000 ETH, valued at over $2 billion, within the past 24 hours. This substantial movement was reported by Lookonchain on X (formerly Twitter), revealing that market maker Jump Crypto transferred over $29 million for sale and redeemed $48 million from...
Reach us on: https://www.cryptoknowmics.com/news/?p=255458
In a notable development, large Ethereum (ETH) holders have moved 820,000 ETH, valued at over $2 billion, within the past 24 hours. This substantial movement was reported by Lookonchain on X (formerly Twitter), revealing that market maker Jump Crypto transferred over $29 million for sale and redeemed $48 million from...
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Stellar (XLM) Rallies Above $0.10, Eyes $0.12 Target
Stellar (XLM) has experienced a notable increase, surpassing the $0.0950 resistance level against the US Dollar. Following this rise, XLM is now trading above $0.100 and the 100 hourly simple moving average, indicating strong bullish momentum. Key Support and Resistance Levels Currently, there is a major bullish trend line forming...
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Stellar (XLM) has experienced a notable increase, surpassing the $0.0950 resistance level against the US Dollar. Following this rise, XLM is now trading above $0.100 and the 100 hourly simple moving average, indicating strong bullish momentum. Key Support and Resistance Levels Currently, there is a major bullish trend line forming...
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Ripple's SEC Battle Ends with 94% Reduced Fine, Industry Victory Celebrated
Ripple co-founder and Executive Chairman Chris Larsen recently shared his thoughts on the platform X (formerly Twitter) regarding the company’s significant legal victory over the U.S. Securities and Exchange Commission (SEC). Larsen expressed hope that this development could mark the end of what he called the "war on crypto" initiated...
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Ripple co-founder and Executive Chairman Chris Larsen recently shared his thoughts on the platform X (formerly Twitter) regarding the company’s significant legal victory over the U.S. Securities and Exchange Commission (SEC). Larsen expressed hope that this development could mark the end of what he called the "war on crypto" initiated...
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Bitcoin Rally Pauses After 30% Surge, Bulls Prepare for Next Move
Bitcoin (BTC) has experienced a remarkable 30% surge, reviving its price by $13,700 in a powerful rally. However, this momentum seems to have paused, as Bitcoin bulls take a moment to reassess and prepare for the next potential upward move. Following a weekend sell-off triggered by the "yen carry trade,"...
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Bitcoin (BTC) has experienced a remarkable 30% surge, reviving its price by $13,700 in a powerful rally. However, this momentum seems to have paused, as Bitcoin bulls take a moment to reassess and prepare for the next potential upward move. Following a weekend sell-off triggered by the "yen carry trade,"...
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Vitalik Buterin Moves 3,000 ETH to Multi-Sig Wallet Amid Market Volatility
Ethereum co-founder Vitalik Buterin recently made headlines by transferring 3,000 ETH from his wallet to a multi-signature wallet. The transaction, as reported by on-chain analysis firm Lookonchain, has fueled speculation that Buterin might be planning a significant donation. The transfer was processed with a gas fee of 0.01 ETH, equivalent...
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Ethereum co-founder Vitalik Buterin recently made headlines by transferring 3,000 ETH from his wallet to a multi-signature wallet. The transaction, as reported by on-chain analysis firm Lookonchain, has fueled speculation that Buterin might be planning a significant donation. The transfer was processed with a gas fee of 0.01 ETH, equivalent...
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Shiba Inu Leader Trolls Dogecoin’s Gaming Venture
In a recent announcement, Jordan Jefferson, CEO and co-founder of My Doge crypto wallet, revealed that Dogecoin is gearing up to enter the gaming industry. Jefferson shared a short video on social media, showing a snippet from the upcoming game, where three dogs bow to a warrior-like dog statue. The...
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In a recent announcement, Jordan Jefferson, CEO and co-founder of My Doge crypto wallet, revealed that Dogecoin is gearing up to enter the gaming industry. Jefferson shared a short video on social media, showing a snippet from the upcoming game, where three dogs bow to a warrior-like dog statue. The...
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Bitcoin Defends $60,000 Amid Market Volatility
Bitcoin's price faced significant turbulence over the past week, but it has successfully defended the crucial $60,000 support level. After attempting to break past $63,000, the cryptocurrency experienced a sharp retracement, leading to a temporary dip just below $60,000. Despite this, Bitcoin managed to regain its footing and now trades...
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Bitcoin's price faced significant turbulence over the past week, but it has successfully defended the crucial $60,000 support level. After attempting to break past $63,000, the cryptocurrency experienced a sharp retracement, leading to a temporary dip just below $60,000. Despite this, Bitcoin managed to regain its footing and now trades...
Reach us on: https://www.cryptoknowmics.com/news/?p=255481
XRP Poised for Major Breakout Amid Legal and Market Developments
Recent discussions among crypto analysts indicate a shift in sentiment toward Ripple's XRP, with expectations of a significant price increase. Altstein, a well-known trader, predicts that XRP's value could surge by up to 600%, driven by favorable market conditions and positive legal outcomes. XRP has already shown strong performance, rising...
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Recent discussions among crypto analysts indicate a shift in sentiment toward Ripple's XRP, with expectations of a significant price increase. Altstein, a well-known trader, predicts that XRP's value could surge by up to 600%, driven by favorable market conditions and positive legal outcomes. XRP has already shown strong performance, rising...
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Venezuela Blocks Binance Amid Widening Internet Crackdown
Venezuelan users are now reporting restricted access to Binance, the world’s largest cryptocurrency exchange, as the government intensifies its internet crackdown. On August 9, VE sin Filtro, a local anti-censorship group, revealed that the Binance website and mobile app had been affected by a DNS block imposed by the National...
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Venezuelan users are now reporting restricted access to Binance, the world’s largest cryptocurrency exchange, as the government intensifies its internet crackdown. On August 9, VE sin Filtro, a local anti-censorship group, revealed that the Binance website and mobile app had been affected by a DNS block imposed by the National...
Reach us on: https://www.cryptoknowmics.com/news/?p=255491
Kamala Harris Surges Ahead in Polymarket's US Presidential Election Odds
On Polymarket, a leading decentralized crypto prediction market, Kamala Harris has emerged as the frontrunner in the upcoming US presidential election. Currently, 52% of market participants back Harris as the likely winner, a significant shift from earlier trends that favored Donald Trump, who now holds 45% support. This marks a...
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On Polymarket, a leading decentralized crypto prediction market, Kamala Harris has emerged as the frontrunner in the upcoming US presidential election. Currently, 52% of market participants back Harris as the likely winner, a significant shift from earlier trends that favored Donald Trump, who now holds 45% support. This marks a...
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Ethereum Gas Fees Hit Five-Year Low Amid L2 Surge and Dencun Upgrade
The cost of sending an Ethereum (ETH) transaction has significantly decreased, reflecting reduced traffic on the network. The median price for an Ethereum transaction has dropped to just 1.9 gwei, with low-priority transactions falling to around one gwei or even lower. This decline marks a five-year low, coinciding with a...
Reach us on: https://www.cryptoknowmics.com/news/?p=255497
The cost of sending an Ethereum (ETH) transaction has significantly decreased, reflecting reduced traffic on the network. The median price for an Ethereum transaction has dropped to just 1.9 gwei, with low-priority transactions falling to around one gwei or even lower. This decline marks a five-year low, coinciding with a...
Reach us on: https://www.cryptoknowmics.com/news/?p=255497
