Tag Archives: crypto

Binance Secures Approval To Invest US Customer Fiat Funds In US T-Bills, BNB Price Surges

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Binance has received court approval allowing it to invest customer fiat funds into US Treasury Bills (T-Bills) after a year of heightened scrutiny of Binance’s operations in the United States. The decision has resulted in a notable price recovery for the exchange’s native token, Binance Coin (BNB), pushing it toward the $600 level.  Court Grants… Continue reading Binance Secures Approval To Invest US Customer Fiat Funds In US T-Bills, BNB Price Surges→

Can Burns Send The Shiba Inu And LUNC Price To $0.01? Expert Chimes In

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The Shiba Inu (SHIB) and Terra Classic (LUNC) ecosystems have become known for their regular token burns, which aim to increase the value of these coins. A computer engineer has given his opinion on this burn mechanism, revealing between Shiba Inu and LUNC, which will likely reach their desired goal of $0.01.  Will Shiba Inu… Continue reading Can Burns Send The Shiba Inu And LUNC Price To $0.01? Expert Chimes In→

Analyst Upbeat On XRP Rally Despite SEC Meeting Cancellation – Details

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Nobody in the XRP community expected the SEC to cancel a meeting behind closed doors on July 18 without giving any reason. Some people think this move has something to do with the approval process for spot Ethereum ETFs. Crypto Community Clueless On Meeting Cancellation There has been an obvious shakeup in the cryptocurrency market… Continue reading Analyst Upbeat On XRP Rally Despite SEC Meeting Cancellation – Details→

Market Strategist Says Bitcoin Downtrend Is Finally Over, Here’s Where Price Is Headed Next

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A market strategist has declared that Bitcoin (BTC), the world’s largest cryptocurrency, has finally concluded its downtrend. According to the strategist, Bitcoin may be heading to a new price target, driven by the positive shift in its market value.  Bitcoin Downtrend Is Over A crypto analyst identified as ‘Rekt Capital’ on X (formerly Twitter) has… Continue reading Market Strategist Says Bitcoin Downtrend Is Finally Over, Here’s Where Price Is Headed Next→

Mass Exodus? Over 672,000 Bitcoin Holders Drop Out Amid Market Shifts

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As Santiment analytics disclose an accelerating decline in wallets holding one or more Bitcoin, the cryptocurrency industry has gone abuzz. Crucial for gauging mood in the market, this indicator has been progressively dropping as traders become less optimistic that Bitcoin may rise beyond its historic high of $73,750, which it last touched on March 14.… Continue reading Mass Exodus? Over 672,000 Bitcoin Holders Drop Out Amid Market Shifts→

Shiba Inu Price Drops 10% As 5 Trillion SHIB Flood To Exchanges Following WazirX’s Exploit

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WazirX, one of India’s largest cryptocurrency exchanges, suffered a security breach on Thursday that resulted in the loss of $230 million, nearly half of its reserves. The exchange referred to the incident as a “force majeure event.” However, the repercussions extend beyond WazirX alone, casting a shadow of uncertainty over Shiba Inu (SHIB) holders. Panic… Continue reading Shiba Inu Price Drops 10% As 5 Trillion SHIB Flood To Exchanges Following WazirX’s Exploit→

Bitcoin (BTC) Could Be On The Verge Of a 30% Gain, Here’s Why

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Bitcoin seems on the verge of a massive breakout as it nears a crucial bull market trendline that broke in June last year. From a technical perspective, this development is an important step for Bitcoin to re-enter a price point that has traditionally opened the door to massive gains. Indicator of Market Recovery According to… Continue reading Bitcoin (BTC) Could Be On The Verge Of a 30% Gain, Here’s Why→

Crypto Analyst Says Bitcoin Is Not Ready For $65,000 Retest, But Can It Reach $71,500?

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Crypto analyst Rekt Capital has provided insights into the Bitcoin future trajectory. Based on his analysis, the flagship crypto might not yet be ready for its next leg up, which could see it climb back above $70,000.  Bitcoin Not Yet Ready To Establish $65,000 As New Support Rekt Capital claimed in an X (formerly Twitter)… Continue reading Crypto Analyst Says Bitcoin Is Not Ready For $65,000 Retest, But Can It Reach $71,500?→

NEAR Surges 20%: Pantera Capital MP Reveals 5 Reasons For Bullish Outlook

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NEAR, the native token of the Layer 1 (L1) blockchain Near Protocol, has surged to a one-month high after breaking out of a previous downtrend that saw the token hit a low of $4 on July 5. Currently trading at $5.93, NEAR has recorded a substantial 20% gain over the past week, propelling it to the… Continue reading NEAR Surges 20%: Pantera Capital MP Reveals 5 Reasons For Bullish Outlook→

WazirX Exchange Releases Post-Mortem Report: Was North Korea Behind The $235M Exploit?

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Indian-based cryptocurrency exchange WazirX recently fell victim to a significant security breach, resulting in the unauthorized transfer of over $230 million of assets. The incident led to the temporary suspension of withdrawals as the exchange worked to investigate and mitigate the breach.  In a subsequent report released by WazirX, preliminary findings shed light on the… Continue reading WazirX Exchange Releases Post-Mortem Report: Was North Korea Behind The $235M Exploit?→