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Cryptocurrency News Articles
Cross Finance: Uniting Banking and Blockchain in a Digital Revolution
Apr 24, 2024 at 01:02 am
Cross Finance, blending banking and blockchain realms through its L1 blockchain, dApps, and payment card, presents today's edition. Join CrossFi's mission on CoinList's testnet, where developers and users can earn $6M in MPX coins for introducing solutions and dApps.
Cross Finance: Bringing Banking and Blockchain Together
In this digital age, Cross Finance emerges as an innovative ecosystem that seamlessly blends the realms of traditional banking and blockchain technology. Through its Layer-1 blockchain architecture, decentralized applications (dApps), and payment card solutions, Cross Finance empowers users to navigate the worlds of finance and cryptocurrencies effortlessly. As a pioneer in the convergence of these two spheres, Cross Finance invites you to join the revolution by participating in their live testnet on CoinList.
Daily Crypto Headlines: News and Insights for Informed Decision-Making
Bitcoin ETFs Experience Inflows Revival
In a positive development for the cryptocurrency market, Bitcoin Exchange-Traded Funds (ETFs) have witnessed a resurgence in inflows after enduring a period of outflows. This shift could indicate renewed investor confidence in the leading digital asset, which has seen its price rise by 43% since the inception of Bitcoin ETFs. However, analysts caution that outflows could still impact Bitcoin's price negatively, as evidenced by the recent drop in value during a streak of outflows.
BlackRock's Bitcoin ETF Sets Impressive Record
BlackRock, the world's largest asset manager with $9.1 trillion in assets under management (AUM), has achieved a remarkable milestone with its Bitcoin ETF, $IBIT. This innovative product has now amassed a 69-day inflow streak, propelling it into the top ten ETFs with the longest daily inflow streaks ever recorded. This sustained interest in $IBIT underscores the growing institutional acceptance of Bitcoin as a legitimate investment asset.
Stablecoin Supply Hits Multi-Year High
The supply of stablecoins, cryptocurrencies pegged to fiat currencies like the US dollar, has surged to its highest level in approximately two years, exceeding $165 billion. This surge suggests that investors are preparing to make significant moves within the cryptocurrency market. Similar to casino chips, stablecoins serve as a gateway currency for investing in various crypto assets, and their increased supply points to potential increases in trading activity.
Indicators to Identify the Bull Market Peak
Cryptocurrency markets operate in cyclical patterns, and identifying the bull market peak is crucial for maximizing investment returns. To assist investors, Milk Road PRO employs five key indicators that provide color-coded signals to gauge the proximity to the market top. These indicators are updated weekly and offer guidance on taking profits before the inevitable bear market sets in. By monitoring these indicators, investors can make informed decisions to protect their portfolios proactively.
Upcoming Weekly Highlights: Stay Informed with Milk Road PRO
For extended access to exclusive content and insights, Milk Road PRO offers a wealth of resources, including:
- Comprehensive analysis of the five bull market peak indicators
- Weekly reports tailored to successful crypto investing
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Subscribe to Milk Road PRO today and gain an edge in your cryptocurrency investments.
News Bites: Essential Updates from the Cryptosphere
- Gamium Opens Beta Platform: The Gamium social-meets-Web3 platform has commenced its invite-only beta operations, enabling users to invest in social media profiles and trade social influence.
- NYSE Considers 24/7 Trading: The New York Stock Exchange is exploring the possibility of implementing round-the-clock trading, potentially extending market hours to weekends.
- Safe Protocol Token Unlocked: The governance token of Safe Protocol ($SAFE) is now transferable, with a fully diluted valuation exceeding $2.8 billion.
- EigenLayer's TVL Surges: The EigenLayer staking protocol has witnessed a surge in total value locked (TVL) to over $15 billion following the recent removal of its cap.
Join the Milk Road Team: Employment Opportunities
Milk Road is expanding its team with six new openings. Visit our website to explore available positions and apply today.
Crypto Partnerships for Progress
- PayPal and EnergyWeb Go Green: PayPal and EnergyWeb have partnered to incentivize Bitcoin miners who adopt low-carbon energy sources.
- Ledger Live Enhances Crypto Services: Ledger Live has integrated MoonPay to offer instant-buy and swap services for cryptocurrencies.
- Magic Eden Launches Bitcoin Runes Trading: Magic Eden has launched a platform beta for trading Bitcoin Runes and Ordinals, allowing users to exchange BTC and acquire Runes and Ordinals using a Magic Eden wallet.
Disclaimer:
This newsletter is intended solely for educational purposes and does not constitute financial advice or a recommendation to buy, sell, or trade any assets. Please exercise caution and conduct thorough research before making any investment decisions.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Bitcoin (BTC) Reserves on Binance Drop to January 2024 Levels, Signaling a Bullish Market
- Dec 26, 2024 at 01:05 pm
- Bitcoin reserves on Binance, the world's largest crypto exchange by trading volume, has dropped to levels not seen since January 2024, just two months before Bitcoin's price skyrocketed 90% in March.
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- PEPE Coin Reaching $1 by 2025: An Unlikely Scenario
- Dec 26, 2024 at 12:45 pm
- For PEPE Coin to reach $1 by 2025, it would require an extraordinary and highly unlikely series of events due to its current supply, market dynamics, and the nature of meme coins. Here's an analysis of why this would be challenging and what would need to happen for such a drastic rise: