Tag: COIN:LTCUSD
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Crypto: Bitcoin ETFs Experience 3 Consecutive Days of Outflows, CryptoPunk Fetches $16.42M in Sale, and More
Cryptocurrencies react positively to interest rate cut prospects The Federal Reserve’s maintenance of the federal funds rate at 5.25 – 5.50% and the indication of a balance sheet reduction adjustment influenced various markets. The Fed’s balance sheet has grown by 59% since January 2020, reaching $7.542 trillion. This policy has caused notable fluctuations in Bitcoin…
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Crypto this Friday: AVAX and NEAR Lead Gains This Week, Sushi Integrates BTC with ZetaChain, and More
AVAX and NEAR lead weekly gains In the last week, the tokens AVAX from Avalanche (COIN:AVAXUSD) and NEAR from Near Protocol (COIN:NEARUSD) registered significant gains, with AVAX rising almost 60% and NEAR increasing more than 23%. The growth of AVAX can be attributed to its inclusion in the Project Guardian of the Monetary Authority of…
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Crypto This Tuesday: ORDI Skyrockets 72% Post-Binance Listing, Ava Labs Trims Workforce, and More
Evidence of altseason and recovery in the cryptocurrency market The cryptocurrency market is beginning to rebound after turbulence, such as the FTX incident. Experts like Fernando Pereira from Bitget predict an advance, particularly in altcoins. “One of my favorite indicators for identifying an altseason (a market moment when altcoins appreciate more than BTC) is the…
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Crypto This Tuesday: Tether Hits $84 Billion Supply; Coinbase Soars with BTC, and More
Bitcoin stabilizes around $34,200 with volatility The price of Bitcoin (COIN:BTCUSD), which reached $35,200 on hopes of approval of a Bitcoin ETF in the US, consolidated around $34,200 on October 24 after a 15% increase. The quick break of resistance at $30,600 was surprising, but there is now expectation of a possible pullback. Positive funding rates and…
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Crypto This Wednesday: Stellar Integrates Smart Contracts, Floki Launches Staking Feature, and More
Stellar seeks to compete with Ethereum by adding smart contracts to its network A new competitor has emerged in the smart contract blockchain market, with the Stellar (COIN:XLMUSD) project, known for its payment solutions, preparing to integrate smart contract functionality into its platform. While Ethereum leads the industry, Stellar hopes to attract developers and users to…
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Crypto This Tuesday: TON and CANTO Jumped On The Week, USDC Expanded on Polkadot, and More
Circle launches USDC stablecoin on Polkadot ecosystem Stablecoin issuer Circle has introduced USDC (COIN:USDCUSD), a dollar-backed stablecoin, to the Polkadot ecosystem, expanding its presence on new blockchains. Polkadot is a platform that integrates specific blockchains, known as parachains. The native version of USDC has been launched on Polkadot Asset Hub, facilitating its transfer between parachains. Thus, all blockchains…
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Crypto This Wednesday: Coinbase to Trade Crypto Futures, Ledger Integrates with PayPal, and More
Coinbase gets approval for cryptocurrency futures, boosts its shares Coinbase Global (NASDAQ:COIN) gained approval from the National Futures Association to offer cryptocurrency futures contracts to U.S. retail customers, leading to a 5% increase in its stock ahead of the market open. This approval comes as Coinbase is in litigation with the SEC, which alleges that the…
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Crypto this Thursday: Amazon Launches Exclusive NFTs, Coinbase Base Starts Slow, and More
Amazon dives into the Play-to-Earn universe with exclusive NFTs Amazon (NASDAQ:AMZN) is offering its 170 million top subscribers the chance to claim unique non-fungible tokens (NFTs) in popular blockchain games such as Mojo Melee and Blankos Block Party. Starting August 9th, Amazon Prime members will receive a variety of NFTs that offer unique benefits in games…
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Crypto This Wednesday: Litecoin Halving Completed, GameStop Shuts Down NFT Wallet, and More
Litecoin halving completed as cryptocurrency adoption grows in Africa and Latin America The Litecoin (COIN:LTCUSD) halving event has concluded, reducing block rewards to 6.25 LTC. The Litecoin blockchain underwent the halving procedure at block 2,520,000 on August 2, halving the rewards for miners. The price of LTC has dropped since July, hovering around $87.05. The CEO of BitPay highlighted…
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Crypto This Friday: BCH Topped June Gains, LTC Rises Ahead of Halving, SEC Deems BTC ETFs Inappropriate
Bitcoin Cash Leads Crypto Gains This Month, Up 132.30% Bitcoin Cash (COIN:BCHUSD) was the best performer among digital assets this month, with a gain of 132.30%. The increase was driven by the listing on EDX Markets and increased trading activity on Upbit in South Korea. BCH outperformed Bitcoin (COIN:BTCUSD) in terms of gains. The perceived…