Posts

Ethereum Gains 6.9%: Can ETH Hit $2800 This Week

Image
Ethereum (ETH) seems to have recovered from its recent descent to the sub $2,400 level. The asset is up by 2.7% in the daily charts, 6.9% in the weekly charts, and more than 7% over the previous week. ETH’s price is also up by nearly 67% since October 2023. Despite the rally, the second-largest cryptocurrency by market cap is down 1.8% in the 14-day charts. Also Read: Sell Jio Financial Shares: Enter at 320 Price Level Factors Behind Ethereum’s Recent Surge And Future Price Predictions Source: Changelly Why Is The Crypto Market Rallying? The latest pullback could be due to Bitcoin (BTC) reclaiming the $65,000 level. BTC’s resurgence could be due to investors taking on more risks after an interest rate cut last month. Ethereum (ETH) may be benefitting from the change in investor sentiment. Also Read: YouTuber MrBeast Faces $10M Token Pump-and-Dump Allegations Investors may also anticipate a Donald Trump victory in the upcoming US Presidential elections. Many analysts predict a market-wi
Post a Comment
Read more

Former fugitive Alice Guo tied to crypto exchange that stole millions from users

Image
Disgraced former Philippine mayor Alice Guo has been linked to defunct Atom Asset Exchange (AAX), which laundered and stole customers’ crypto assets in 2022, amid a shocking trial of human trafficking and fraud that has captured the nation. Guo made headlines in March for her ties to a financial slavery ring operating just 100 meters from her mayoral office in Bamban, a small town north of Manila. Investigators found almost 1,000 workers on the property, mostly running an illegal gambling operation that catered to Chinese clients. Some of the workers had been human trafficked and forced into conducting pig-butchering scams . Baofu, the 20-acre compound housing the operation, was once 50% owned by Alice Guo. Investigators raiding Baofu found a car registered in her name, and three escape tunnels that led to an empty lot owned by Guo. An electricity bill in her name was also discovered. Read more: Thousands enslaved in Cambodia to run fake ICOs and scams This revelation led investig
Post a Comment
Read more

Bullish: Crypto-based game succeeds in mainstream gaming store

Image
The recently launched battle royale ‘Off The Grid’ succeeded in the mainstream gaming scene, featured as the most popular free-to-play game in the Epic Games Store. While offering a unique and fun free-to-play experience that attracted many players, Off The Grid is built on Avalanche (AVAX). This now successful story of a blockchain-based game reaching mainstream players could ignite a positive loop in the space. Moreover, the remarkable achievement marks a huge milestone for Avalanche and the overall cryptocurrency ecosystem, getting the spotlights for utility. Off The Grid surpassed Fortnite and Rocket League in the Epic Games Store as the most popular free-to-play category. On Twitch, the game achieved 148,000 viewers streamed by dozens of gamers, as Decrypt reported, among the top-watched games. Picks for you Why Bitcoin price is set
Post a Comment
Read more

XRP Price Climbs 2% After Ripple Co-Founder Chris Larsen Donates $1M XRP To Kamala Harris, While This New ICO Goes Parabolic

Image
The XRP price has climbed 2% in the last 24 hours to trade at $0.5324 as of 6:30 a.m. EST on a 22% drop in trading volume to $1.2 billion. This comes after Ripple co-founder Chris Larsen’s donated $1 million in XRP to support US Democratic presidential candidate Kamala Harris. It’s the first time Harris has received a cryptocurrency donation, highlighting Ripple’s support for her campaign, despite the company’s ongoing legal battle with the US Securities and Exchange Commission (SEC). 🇺🇸 Chris Larsen, co-founder of Ripple, contributed $1 million in crypto to a political action committee (PAC) that is backing Kamala Harris' campaign. 👀 pic.twitter.com/yyujg8inrF — Crypto Crib (@Crypto_Crib_) October 11, 2024 Federal Election Commission (FEC) filings reveal that Chris Larsen contributed to Future Forward USA, a prominent super PAC supporting Kamala Harris’s 2024 presidential campaign. Additionally, the Ripple co-founder recently signed a letter endorsing Harris as a candida
Post a Comment
Read more

Ethereum’s Dominance in the NFT Market

Ethereum’s Dominance in the NFT Market! The world of NFTs (Non-Fungible Tokens) has witnessed exponential growth, and Ethereum has solidified itself as the powerhouse blockchain behind this explosion. With the rise of decentralized digital art, collectibles, and various virtual assets, Ethereum’s smart contract capabilities make it the go-to platform for creators, investors, and developers alike. This article explores how Ethereum has achieved this dominance and the factors that continue to shape its stronghold in the NFT ecosystem. Why Ethereum? First-Mover Advantage Ethereum was one of the first blockchains to provide the necessary infrastructure to mint, buy, sell, and trade NFTs. The early adoption of ERC-721 and ERC-1155 token standards enabled creators to tokenize digital assets in unique ways that Bitcoin or other early cryptocurrencies couldn’t offer. Smart Contract Capabilities Ethereum’s programmable blockchain allows developers to create custom logic for NFTs through smart
Post a Comment
Read more

Top Meme Coins to Invest in Today, October 10 – X7, RichQuack, DogeKiller

Image
The $53 billion meme coin sector rose by more than 13% earlier this week, with top meme coins like PEPE and WIF surging by 22% and 25%, respectively. The rally comes after Bitcoin recovered to maintain a one-month high of $65,000 before stabilizing at $61,000. This trend has led to generally bullish market sentiments.  The continued strong performance of meme coins indicates a unique trend. It suggests that investors are taking profits in higher market cap assets like BTC and ETH and diversifying them into the meme coin sector. Consequently, this article highlights some of the top meme coins to consider.  Top Meme Coins to Invest in Today    Every investor has heard many stories about people who have made millions by putting a small amount of money into a new token. Now, investors who have missed previous opportunities have another shot at being the next crypto million. Flockerz gives you this opportunity. This Analysis discusses how they can do it.  DogeKiller has outpaced other
Post a Comment
Read more

Is It Too Late To Buy SPX? SPX6900 Price Surges 200% In A Week And This Might Be The Next Crypto To Explode

Image
The SPX6900 price has surged 200% in the past week after an 8% jump in the last 24 hours to trade at $0.6131 as of 5 a.m. EST on trading volume that skyrocketed 71% to $111.2 million. The SPX price surged to $0.681 earlier today after an announcement that the token would be listed on MEXC’s Innovation Zone, with trading starting 1 pm UTC today. 🚨#MEXC New Listing Alert! 📈 $SPX/USDT will be listed in the Innovation Zone on 2024-10-10 13:00 (UTC).@spx6900 is a parody memecoin inspired by the iconic S&P 500, the go-to stock market index. — MEXC (@MEXC_Official) October 10, 2024 The listing brought not only the necessary exposure but also additional legitimacy to the project, and traders rushed in and quickly pumped the SPX6900 price. However, the surge was sudden and rapid, and it was followed by an equally sharp correction. MEXC describes SPX as a parody meme coin inspired by the iconic S&P 500 stock index. SPX6900 Price Prediction As the exchange’s announcement pu
Post a Comment
Read more

Top Crypto Gainers Today Oct 09 – JUST, BNB, TRON, Kaspa

Image
What if today’s top crypto gainers could redefine your investment strategy? As the cryptocurrency market evolves, savvy investors seek the next ample opportunity. Today’s selected tokens—JUST, Binance Coin, TRON, and Kaspa—are not just trends; they could genuinely change the future of finance. These tokens are showing significant price movements and strong trading activity. As a result, they offer a unique opportunity to capitalize in the digital asset space.   Biggest Crypto Gainers Today – Top List JUST is surging with a 6.20% gain thanks to its new USDD Market Supply Mining initiative, which offers bigger rewards and stable returns. Meanwhile, BNB is up 3.35%, fueled by exciting earning opportunities on BNB Chain, including staking and airdrops.  TRON is seeing a 2.33% boost, driven by its growing role in DeFi and high transaction volume. Lastly, Kaspa’s 1.50% rise comes from the buzz around its KASUNION project, aiming to transform global credit unions with blockchain tech. 1.
Post a Comment
Read more

Digital Yuan Gains Ground In Saudi-China Transactions Disregarding USD

Image
China is leaving no stone unturned to internationalize the Chinese Yuan by challenging the US dollar’s prestige. The Chinese administration is currently conducting trials to inject digital Yuan into cross-border transactions with Saudi Arabia, introducing another dimension of the multipolar financial concept to the world. Also Read: This US Stock Is Up For Massive Surge In 2025 With Profits Upto 150% Chinese Yuan’s Global Usage Surged To 21% Source: MarketsInsider.com Using Chinese currency in cross-border transactions has gained significant momentum this year. According to the People’s Bank of China, total cross-border Yuan payments have risen by 21.1% year-on-year between January and August to hit the 41.6 Trillion Yuan mark, taking the world by surprise. In addition, the report from the Society for Worldwide Interbank Financial Telecommunication (Swift), the world’s largest interbank messaging service, stated that Yuan’s share of global transactions accounted for 4.69% in August. It
Post a Comment
Read more