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Crypto Strategist Expects XRP to Rise, Solana to Witness Pullback, and Aave's Governance Token Aims for Breakout
2023-11-02

Crypto Strategist Expects XRP to Rise, Solana to Witness Pullback, and Aave's Governance Token Aims for Breakout

A crypto strategist who accurately called the top of Bitcoin’s 2021 bull market is expecting another leg up for XRP. Pseudonymous analyst Pentoshi believes that XRP looks bullish after breaking through a key resistance level at $0.548. He suggests that a breakout above $0.548 could lead to a price range of $0.62-$0.63.

Bitcoin Enters Bull Market: Analyst Predicts $20 Trillion Market Cap
2023-11-01

Bitcoin Enters Bull Market: Analyst Predicts $20 Trillion Market Cap

A trader who accurately called Bitcoin’s May 2021 crash believes that the king crypto has officially entered a bull market. Pseudonymous analyst Dave the Wave points out that Bitcoin’s moving average convergence divergence (MACD) indicator on the monthly chart has flipped bullish after crossing over the zero level.

Unibot Trading Bot Exploited: Over $600,000 Lost, Immediate Action Taken
2023-11-01

Unibot Trading Bot Exploited: Over $600,000 Lost, Immediate Action Taken

A Telegram trading bot crypto project that was launched earlier this year has been exploited for more than $600,000. The team behind the Unibot (UNIBOT) crypto project has confirmed that the hack was a token approval exploit. They have taken immediate action by pausing their router to contain the issue. The team assures users that any funds lost due to the bug on their new router will be compensated and that their keys and wallets are safe. They have also promised to release a detailed response after completing their investigations.

Central Bank's Stance on Economic Growth Unchanged, December Decision Awaited
2023-11-01

Central Bank's Stance on Economic Growth Unchanged, December Decision Awaited

The central bank's stance on economic growth remains unchanged, as indicated in its recent policy statement. The bank acknowledges the presence of risks to economic growth, a sentiment that aligns with its previous statement in September. However, the decision on whether to implement another pause or rate hike at the December meeting will be based on incoming data. This suggests that the central bank is closely monitoring economic indicators to make informed decisions. It is important for stakeholders to stay updated on the latest economic data as it will play a crucial role in determining the central bank's next move.

XRP Price Breakout Signals Prolonged Recovery Trend
2023-11-01

XRP Price Breakout Signals Prolonged Recovery Trend

The XRP price recently broke free from a two-month-long accumulation phase, indicated by its exit from a triangle pattern. This breakout resulted in an 11% gain, pushing the coin's price from $0.54 to its current trading level of $0.6. However, given the current market volatility, the question remains: can buyers sustain this momentum?

Tron Price Surges Amidst Market Sluggishness, Gains Dominance in Stablecoin Market
2023-11-01

Tron Price Surges Amidst Market Sluggishness, Gains Dominance in Stablecoin Market

Tron (TRX) price is showing strong bullish momentum, defying the sluggishness in the overall market. This week, while Bitcoin price remains below $35,000 and Ethereum price wobbles around $1,800, Tron and Solana (SOL) have been performing exceptionally well.

The Future of Crypto: Diversification and Emerging Narratives in the Next Bull Run
2023-11-01

The Future of Crypto: Diversification and Emerging Narratives in the Next Bull Run

In a recent interview, BitMEX founder Arthur Hayes shared his forecast for the next crypto bull run. He believes that there will always be a 'new new thing' in the crypto space that will influence market expansion. Hayes highlights the previous cycle's focus on layer-1 blockchains and explains that these projects had their moment but failed to sustain their momentum. He suggests that the next bull run will follow a sequence of Bitcoin, Ethereum, and then other cryptocurrencies.

The Transformation of Sam Bankman-Fried: Unveiling Hidden Motives in the Crypto World
2023-11-01

The Transformation of Sam Bankman-Fried: Unveiling Hidden Motives in the Crypto World

Sam Bankman-Fried, a prominent figure in the crypto world, has undergone a transformation in his goals and aspirations. While he initially presented himself as an effective altruist, whose primary objective was to accumulate wealth for charitable purposes, recent allegations suggest a different motive.

Bitcoin's 15th Anniversary: Reshaping Finance and Inspiring Hope
2023-11-01

Bitcoin's 15th Anniversary: Reshaping Finance and Inspiring Hope

Bitcoin, the revolutionary cryptocurrency, recently celebrated its 15th anniversary. Canadian Member of Parliament Joël Lightbound took the opportunity to honor Bitcoin's journey and acknowledge its anonymous creator, Satoshi Nakamoto. In his speech on the Parliament floor, Lightbound not only expressed his appreciation for the innovative technology but also disclosed his personal ownership of Bitcoin.

Optimizing AI Model Verification with Zero-Knowledge Machine Learning
2023-11-01

Optimizing AI Model Verification with Zero-Knowledge Machine Learning

Modulus is a cutting-edge technology that harnesses the power of zero-knowledge machine learning (ZKML) to ensure the accuracy and integrity of AI models. By utilizing zero-knowledge proofs, Modulus provides a robust method for verifying the correct execution of AI models.

Navigating the Regulatory Landscape of Web3 for Growth and Adoption
2023-11-01

Navigating the Regulatory Landscape of Web3 for Growth and Adoption

Some people in the crypto community have long assumed that Web3 would naturally follow the same path as the Web did in the 1990s. However, this assumption overlooks the regulatory advantages that the early Web enjoyed, such as the absence of sales tax and the legal protections provided by acts like the Digital Millennium Copyright Act and the Communication Decency Act. These regulatory tailwinds played a significant role in the success of the Web. It is important to recognize that Web3 does not have the same favorable regulatory environment and will face different challenges. As we navigate the development of Web3, it is crucial to consider the regulatory landscape and work towards creating a supportive framework for its growth and adoption.

Bitget Accused of Unauthorized Listing and Fake Token Creation
2023-11-01

Bitget Accused of Unauthorized Listing and Fake Token Creation

Floki, in a recent post on X (formerly Twitter), has accused Bitget of listing the token without permission and subsequently listing a fake version of TOKEN before its official release. Floki further alleges that Bitget conducted tens of millions of dollars worth of trading volume without actually possessing any tokens in their wallet.

Maximizing Profits in the 24/7 Crypto Markets: Opportunities for Momentum Traders
2023-11-01

Maximizing Profits in the 24/7 Crypto Markets: Opportunities for Momentum Traders

The crypto markets operate 24/7, which poses a challenge for traders who have other daily responsibilities. Additionally, a significant number of participants in these markets are non-professional retail investors. As a result, their attention to the market is limited, leading to delayed reactions.

Optimizing Social Behavior in Web3: Tokenization and Stablecoins
2023-11-01

Optimizing Social Behavior in Web3: Tokenization and Stablecoins

Web2 has primarily focused on the progression from social to finance, while Web3 is now shifting from finance to social. This shift has led to a growing emphasis on the social element of Web3, with various initiatives such as Friend.tech and on-chain loyalty programs gaining attention.

The Trial of Sam Bankman-Fried: Implications for the Crypto Industry
2023-11-01

The Trial of Sam Bankman-Fried: Implications for the Crypto Industry

The trial of Sam Bankman-Fried (SBF) in October has sparked discussions and speculation within the crypto industry. Industry insiders are now analyzing the implications of the concluded trial.

Chainlink Price Faces Resistance at $12, Potential Support Zones Identified
2023-11-01

Chainlink Price Faces Resistance at $12, Potential Support Zones Identified

The Chainlink coin recently broke through a resistance trendline, resulting in a significant rally. However, the LINK price is now facing a strong supply barrier at the $12 level, hindering further upward movement. This suggests that a bearish pullback may be imminent.

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