Bitcoin large sellers 'exhausted' as $67K price holds
Bitcoin is seeing a reduction in selling pressure from large investors as its price continues to hold above $67,000.
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Bitcoin is seeing a reduction in selling pressure from large investors as its price continues to hold above $67,000.
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Binance said that supporting small and medium-sized projects with strong fundamentals could enhance the development of the blockchain ecosystem.
Unpacking the Incoherence and Hubris of Modern Monetary Theory and Its Intersection with CBDCs and Bitcoin
Former Twitter CEO Jack Dorsey predicts Bitcoin could reach at least $1 million by 2030, citing Bitcoin's collaborative ecosystem and growing mainstream adoption as key price drivers.
Economist Peter Schiff has warned of “the biggest economic disaster” in U.S. history. He stressed that we are on the cusp of a financial crisis and “it’s going to be much bigger than the last.” In addition, he said the U.S. dollar is being debased in order to fund the bank bailouts. Peter Schiff Foresees [...]
The post Economist Peter Schiff Warns of US Dollar Devaluation and ‘Biggest Economic Disaster’ in History appeared first on Crypto Breaking News.
Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99% [...]
The post Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap appeared first on Crypto Breaking News.
Authorities in Egypt recently allowed the local currencys exchange rate versus the U.S. dollar to decrease by more than 60%. Additionally, the central bank raised interest rates by 600 basis points. Both steps were key conditions set by the IMF which Egypt had to meet before the approval of a new financial aid package. IMF [...]
The post Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement appeared first on Crypto Breaking News.
Roughly three months ago, 74 AI-driven digital currencies boasted a market value exceeding $4 billion. However, since that time, the AI-centric crypto market has experienced a loss of more than $1 billion in value. The Decline in AI-Driven Cryptocurrencies: $1 Billion Wiped Out From Market At the start of the year, products incorporating artificial intelligence [...]
The post AI-Centric Crypto Market Loses Over $1 Billion in Value in 90 Days appeared first on Crypto Breaking News.
AI job seekers should be prepared to answer common interview questions on their experience, skills and approach to AI-focused projects.
Animoca Brands denied reports of scaling back its metaverse fund target by $200 million and a decrease in valuation from $6 billion to $2 billion. The firm acknowledged the impact of banking collapses but stressed that fundraising is still ongoing. (Read More)
Javier Milei, a presidential candidate for the next election in Argentina, has presented a dollarization plan to fix the economy of the country if elected. The proposal, which has supporters and detractors, would aim to solve the historic devaluation of the Argentine peso and the 100%+ interannual inflation that Argentina registered in March. Dollarization Surges [...]
The post Argentina Debates Dollarization in the Midst of Rampant Devaluation and Inflation appeared first on Crypto Breaking News.
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC and 351.57 million BUSD have been redeemed. [...]
The post Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply appeared first on Crypto Breaking News.
Venture capital firm Animoca Brands denies claims of reducing its metaverse fund target by $200 million and a significant drop in its valuation, citing inaccurate reporting. The firm acknowledges the impact of banking collapses on fundraising but states that the final amount raised for the fund is yet to be determined. (Read More)
Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the sources/agenda is.”
Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Currently, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum Foundation’s DAO Treasury holds 3.52 million or 35.27% of the airdropped supply. Over the [...]
The post Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop appeared first on Crypto Breaking News.
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: the Argentine Peso plunges against the U.S. dollar, Venezuela and Russia agree to develop a joint SWIFT alternative, and Bitcoin mining is still paused in Venezuela. Argentine Peso Plunges 10%
The post Latam Insights: Argentine Peso Plunges, Venezuela and Russia to Develop SWIFT Alternative, Bitcoin Mining Still Paused in Venezuela appeared first on BTC Ethereum Crypto Currency Blog.
On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed. Wild Volatility for ARB Token: [...]
The post Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85% appeared first on Crypto Breaking News.
In the past ten years, a myriad of digital currencies have emerged alongside bitcoin, forming a cryptocurrency ecosystem now worth $1.2 trillion. Within this realm, enigmatic figures known as crypto whales have played a pivotal role in the distribution, trading, and accumulation of coins across various projects. This study delves into the ten most valuable [...]
The post Exploring Crypto Whale Concentration: Unveiling the Rich Lists of the Top 10 Cryptocurrencies appeared first on Crypto Breaking News.
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