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Dogecoin Price Pumps on Moon Plans, But Is GROK For Real Or is $1.8m Meme Kombat the Best of the Meme Coin Bunch?
Dogecoin Price Pumps on Moon Plans, But Is GROK For Real Or is $1.8m Meme Kombat the Best of the Meme Coin Bunch? Friday, November 17th, 2023 – The Dogecoin price is up 17% to $0.089 in a community-inspired surge, while new coin GROK hit a $200 million valuation before it was brought low by scam accusations and Meme Kombat raises $1.8 million, as meme coins strut their stuff. A plan by the Dogecoin community to send a physical Dogecoin to the moon has caught the imagination of the cryptoverse, after an X post announced the rocket launch date. Space company Astrobotic has been booked to blast the physical coin…
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Fidelity Follows BlackRock, Files For Spot Ethereum ETF – Where Next for Ether (ETH)?
Fidelity Follows BlackRock, Files For Spot Ethereum ETF – Where Next for Ether (ETH)? Asset management giant Fidelity just filed a 19b-4 with the Chicago Board Options Exchange (CBOE) to set up a spot Ethereum exchange-traded fund (ETF) called the Fidelity Ethereum Trust, just one day after BlackRock filed to set up the iShares Ethereum Trust, its own spot Ethereum ETF. The latest move to offer a spot Ethereum ETF to investors comes as major asset managers double down on bets that cryptocurrencies have a bright future, and that their new proposed crypto investment vehicles will gain quick approval in the US. Both asset managers plus a dozen others filed…
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Wormhole to Become Separate Entity From Jump Trading
Wormhole to Become Separate Entity From Jump Trading Chicago-based trading firm Jump Trading has decoupled Wormhole, its cross-chain protocol. Bloomberg reported on Friday that Wormhole would be run as an independent entity by senior Wormhole employees. Citing people with knowledge of the matter, Bloomberg said that senior Wormhole staffers including CEO Saeed Badreg and COO Anthony Ramirez had recently to run Wormhole as an independent company. Wormhole, formerly a part of Jump Crypto, the digital asset division of Jump Trading, has experienced a contraction throughout the year as its parent company scaled back its involvement due to concern surrounding the unpredictability of cryptomarkets. In August, Jump terminated its longstanding partnership…
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Bitget Releases Position Grids to Reshape Digital Asset Trading
Bitget Releases Position Grids to Reshape Digital Asset Trading Cryptocurrency exchange, Bitget has launched position grids, a trading tool to enable users take advantage of market fluctuations in a bid to scale up activities. In a recent press release, the exchange announced the integration of its trading tools to aid all users including helping low-capacity traders minimize their losses. ???? 3..2..1.. The position grid has officially launched! ???? Take this opportunity and grab a share of the 30,000 BGB prize pool. ???? Nov 17, 6 PM – Nov 24, 6 PM (UTC+8) Participate Now ????https://t.co/isVNA2IvvW#Bitget pic.twitter.com/ak2mdhJIJX — Bitget (@bitgetglobal) November 17, 2023 Position grids can be described as bots utilized…
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Bitcoin Price Prediction as BTC Dips 2.7% to $36,000 Level – Here are Key Levels to Watch Now
Bitcoin Price Prediction as BTC Dips 2.7% to $36,000 Level – Here are Key Levels to Watch Now In the ever-fluctuating world of cryptocurrencies, Bitcoin (BTC/USD) has recently witnessed a notable dip of 2.7%, bringing it down to the pivotal $36,000 level. This movement marks a crucial juncture for investors and traders alike, who are now keenly observing the market for potential shifts in momentum. This analysis delves into the crucial support and resistance levels that should be on every market watcher’s radar, providing insights into the potential pathways Bitcoin could take in the coming days. Bitcoin Price Prediction Bitcoin, the flagship cryptocurrency, is presently navigating a crucial phase in…
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Dogecoin Price Prediction as DOGE Becomes Best Performing Coin in the Market – Time to Buy?
Dogecoin Price Prediction as DOGE Becomes Best Performing Coin in the Market – Time to Buy? Whilst the broader crypto market consolidates, Dogecoin (DOGE) is heating up. The crypto industry’s first and largest meme coin by market capitalization hit its highest level since April at $0.0877 on Friday, and despite pulling back to the $0.083s at the time of writing, is still up around 5% in the last 24 hours, as per CoinGecko. That means that Dogecoin is the best-performing cryptocurrency in the top 20 by market capitalization on Friday, which shouldn’t be too surprising given the sudden surge in trading volumes seen on Friday. According to Yahoo data, trading…
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JPMorgan Explores Fund Tokenization for Personalized Portfolio Management
JPMorgan Explores Fund Tokenization for Personalized Portfolio Management JPMorgan and Apollo have collaborated with several blockchain firms to showcase a “proof of concept”, demonstrating how asset managers can tokenize funds using the blockchain of their preference. According to a press release issued on Wednesday, the companies said that blockchain technology has the potential to be employed for the management of extensive client portfolios, the execution of trades, and the facilitation of automated portfolio management for tokenized financial assets. The demonstration additionally enabled wealth managers to acquire and rebalance their positions in tokenized assets across various blockchain networks. Collaborators with JPMorgan’s Onyx Digital Assets included interoperability layer Axelar, infrastructure provider Oasis…
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Bitcoin Ordinals Project Taproot Wizards Raises $7.5 Million in Seed Funding
Bitcoin Ordinals Project Taproot Wizards Raises $7.5 Million in Seed Funding The Bitcoin Ordinals project known as Taproot Wizards has successfully secured $7.5 million in seed funding in a round led by venture capital firm Standard Crypto. Additional contributions in the round came from prominent investors including Geometry, Collider Ventures, StarkWare, UTXO Management, Bitcoin Frontier Fund, Masterkey, and Newman Capital, the team behind the project announced on X on Thursday. HOLD ON TO YOUR WIZARD HATS! Today we are announcing a $7.5M seed round, led by @standardcrypto, to Make Bitcoin Magical Again We broke the chain, we danced on stage, we took showers We heard about bitcoin 10 years ago.…
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Sushi Makes DeFi History with Native Bitcoin on ZetaChain
Sushi Makes DeFi History with Native Bitcoin on ZetaChain Decentralized finance (DeFi) protocol Sushi has made history by adding support for the use of native Bitcoin (BTC) on its protocol through an expansion to ZetaChain. The move, announced by Sushi in a blog post on Thursday, will allow users to seamlessly swap BTC across 30 different networks without the need for “wrapping” the coin as an ERC-20 token, as is the practice on the Ethereum network. ???? Sushi is expanding to @zetablockchain, the first EVM-compatible L1 blockchain that connects everything! ???? Native $BTC Swap???? First Testnet deployment⭐️ v2 & v3 AMM on Mainnet???? Cross-chain Swap across 30 chains Stay tuned…
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Ripple Executive Flags Gary Gensler’s Speech, Highlights SEC’s Shortcomings
Ripple Executive Flags Gary Gensler’s Speech, Highlights SEC’s Shortcomings Ripple’s Chief Legal Officer Stuart Alderoty has pointed out loopholes in Gary Gensler’s speech at the 2023 Securities Enforcement Forum referring to the Securities and Exchange Commission’s (SEC) “shady” behavior. In a social media post on X (formerly Twitter), the Ripple executive replying to the SEC boss said the Commission is losing international relevance following recent developments that have seen it suffer defeats in high-profile cases. “The SEC is losing in court; being criticized by Judges for shady behavior; being rebuked by the Gov’t’s internal auditor; hiding info about meetings with a felon; becoming irrelevant on the international stage. Gensler –…