Cryptocurrency Analysis and News Portal
Bitcoin has maintained a higher market capitalization than electric vehicle powerhouse Tesla, despite about 50% below its all-time high. Bitcoin is currently valued at $669.75 billion, significantly higher when compared to Tesla’s market cap of $630.83 billion. This is noteworthy given that Bitcoin is trading around $34,500, far from its historic
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HSBC leverages blockchain technology to digitize gold assets, aiming to modernize the traditional London gold market. HSBC Holdings Plc has initiated a blockchain-based platform to digitize gold assets stored in its London vault. Mark Williamson, head of global FX and commodities partnerships and propositions at the bank, elaborated on this development
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The XRP Ledger (XRPL), a decentralized public blockchain developed by David Schwartz, CTO of Ripple Labs, has continued to evolve and show
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A reading above 70 is often erroneously taken to represent overbought conditions and a sign of an impending bearish reversal. However, per technical analysis textbooks, an above-70 RSI, especially on longer duration charts, suggests bullish momentum is strong and the asset could continue to rally in the weeks ahead, similar
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Trading volumes on the largest cryptocurrency exchange, Binance, fell from 74% in December 2022 to 50% in October 2023. Traders’ pullback from Binance was especially evident on October 23rd. While Bitcoin was rising, Binance’s market share fell to almost nothing, coinciding with Bitcoin’s rise to $34,000. In contrast, OKX’s market share
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Such communities are invaluable, providing artists with a stable foundation that shields them from the unpredictable fluctuations of any market. The reality of the current Web3 ecosystem is that traditional NFT promotional and marketing techniques no longer work in a bear market, and that means artists have to be more
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“Crypto breadth is improving, so much so that there are few downtrends left. Uptrends (blue) are on the rise, and you never know, but this could be the one. Halving is just six months away, and the Fed will have to start printing money again soon,” Charlie Morris, founder and
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Crypto has become increasingly popular in recent years, and it’s always better to invest early rather than late. This article explores three projects in Litecoin (LTC), VeChain (VET), and Everlodge (ELDG) that investors can consider. Litecoin: hash rate rising Litecoin’s hash rate recently rose to an all-time high of 1.1 petahashes per second. This has
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According to real-world asset (RWA) monitoring platform RWA.xyz, the tokenized Treasury market surged to $698 million as of Monday from around $100 million at the start of the year. The expansion was spurred by new entrants into the space as well as from existing platform growth, Charlie You, co-founder of
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The total value of all assets locked on decentralized finance (DeFi) protocols has surged to a three-month high of $42 billion after being at its lowest point since February 2021 just two weeks ago. Original Source
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