Author: dfrancis36

[ad_1] They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling…

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[ad_1] Este artículo también está disponible en español. The Bitcoin price has posted five consecutive red daily candles since it stopped just short of its all-time high at $73,620 last Tuesday. As a result, the BTC price has fallen by around 7%. This decline is evident on the weekly chart, which shows a major bearish weekly candle – a gravestone doji. Chartered Market Technician (CMT) Aksel Kibar noted via X, “BTCUSD weekly candle can look similar to GOLD,” and explained that it indicates a reversal is on the horizon. However, he added, “It is not dependable as an individual candle.…

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[ad_1] Russia took a significant step in legalizing cryptocurrency mining in the region. The new law has strict limitations, allowing only specific groups to undertake the activity.A new law signed by President Vladimir Putin now recognizes crypto mining as a legal activity for entities listed in a state registry, local media agency Tass reported. This step signals the country’s desire to embrace the digital economy while controlling its potential financial impact.Who Can MineUnder this new legislation, only Russian legal entities and registered individual entrepreneurs may mine digital currency. However, individual miners are not completely excluded. Those operating below a government-established…

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[ad_1] This morning, the Bitcoin Policy Institute (BPI) released a 53-page report on the pros of the United States establishing a strategic bitcoin reserve (SBR).In July, @CynthiaMLummis announced the BITCOIN Act, the first bill in US Congress to propose a strategic #bitcoin reserve.In our most comprehensive report to date, we endorse the United States adopting a strategic reserve. Read the report here: https://t.co/xQJG2Ebksi pic.twitter.com/gq3yI7oJUO— Bitcoin Policy Institute (@btcpolicyorg) November 4, 2024 The authors of the report touched on four key benefits of holding bitcoin as a strategic reserve asset:Economic and monetary stability — bitcoin is a hedge against currency debasement…

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[ad_1] Este artículo también está disponible en español. Ethereum is trading at a critical demand level following an 11% pullback from recent local highs. This dip has analysts and investors on edge, as losing this level could trigger a wave of aggressive sell-offs, potentially driving ETH prices lower.  Amid this concern, however, prominent analyst Ali Martinez has shared an optimistic technical analysis, highlighting a strong risk-to-reward setup on the Ethereum chart. According to Martinez, the current level offers a compelling entry point, suggesting that Ethereum could see a significant upside if it holds support. Related Reading The timing of this…

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[ad_1] An Australian entrepreneur could become a key contributor to the future of Bitcoin by transforming the coin into a tool that will push for economic inclusivity around the world. Craig Wright is looking at building a global payment system on the back of the cryptocurrency, turning BTC into a medium for international transactions. Harnessing Bitcoin Wright, who is also a computer scientist, aims to create a technology that would enable him to scale up Bitcoin with the help of TerraNode. If successful, TerraNode would allow BTC to be used in daily transactions, increasing the coin’s appeal to investors and…

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[ad_1] A memecoin built on the Solana (SOL) blockchain has earned support from Binance, the world’s largest crypto exchange platform by trading volume. In a new announcement, Binance says it’s adding futures contracts for the monkey-themed PONKE (PONKE) on Monday. Says Binance, “To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience, Binance Futures will launch the PONKEUSDT Perpetual Contract at 2024-11-04 12:30 (UTC) with up to 75x leverage.” PONKE is also listed on several crypto exchanges, including Bybit, Kraken, KuCoin, Crypto.com and Revolut. Last month, the project announced the launch of a decentralized…

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[ad_1] Este artículo también está disponible en español. Just hours away from the US presidential elections, PolitiFi tokens have seen a remarkable boost. The sector has experienced a nearly 10% surge in the last 24 hours, with Trump-themed memecoins leading the way. Following the recent performance, some investors forecast a massive rally for these tokens in the coming days. Related Reading Trump-Themed Memecoins See 30% Jump The PolitiFi sector gained popularity after several memecoins inspired by US politicians registered a massive performance earlier this year. Some tokens had their market capitalization break above the $100 million mark, with a couple…

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[ad_1] Analyst Viaquant has said that the Dogecoin price has formed a ‘perfect market structure.’ This is bullish for the foremost meme coin as the analyst revealed that DOGE looks set to enter into a parabolic phase.  What Next For The Dogecoin Price Following ‘Perfect Market Structure’ Viaquant revealed in a TradingView post that the Dogecoin price had formed the picture-perfect market structure. He further explained that after the perfect rejection at the 0.618 around $0.18, DOGE had retested the level that it needed to, with that old resistance level now looking likely to become a support level.  Source: TradingView…

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[ad_1] The price of TRON (TRX) has been on an impressive run of late and established a double-top technical formation. Technical analysts typically utilize this pattern to forecast a trend reversal when an asset reaches its peak. Tron is currently trading close to its all-time high level, which has attracted traders’ attention to the double-top. TRX is selling at $0.1654, and currently with a price projection of 67% in the next three months, CoinCheckup data reflect. However, the estimate permits some safety line, traders are starting to get more worried due to the changes in the market. Increase In Sales…

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