[ad_1] According to filings with the Securities and Exchange Commission (SEC), Reddit, the popular discussion forum and online community, has sold most of its crypto holdings. In its SEC FORM 10-Q filing, the company disclosed the sale of three digital assets, including Bitcoin and Ether. Many observers and analysts were surprised by Reddit’s sale and recent filing with the SEC. The liquidation came weeks before Bitcoin and the rest of crypto started pumping. Reddit’s SEC filing indicated that it sold Bitcoin at prices between $54,000 and $68,000, missing a potentially lucrative sale this week that could have fetched $73,000 or…
Author: dfrancis36
[ad_1] The XLS-40 amendment on the XRP Ledger, which introduces a new standard for Decentralized Identifiers (DIDs), was activated on October 30. Approved by 28 out of 35 validators (85.71%), the amendment went live yesterday. Mayukha Vadari, a Senior Software Engineer at RippleX, announced the activation via X (formerly Twitter), stating: “The XRPL DID amendment goes live today! DIDs (Decentralized Identifiers) in web3 can be pretty confusing, when looking into how they work. Here’s an explainer for XLS-40 and DID on the XRPL!” XRP Ledger Gets Decentralized Identifiers DIDs are unique, user-owned identifiers that are not controlled by any central…
[ad_1] Este artículo también está disponible en español. Robinhood, a popular American financial services company, is finally out of the woods. In its third-quarter filing ending September 30th, 2024, the company disclosed its revenues were up by 165%, and its overall year-to-date (YTD) net deposits increased to $34 million. Related Reading It’s a promising development for Robinhood Markets this quarter after facing plenty of challenges in the past. The company took a hit in early 2021 after it decided to restrict trading in GameStop and other meme stocks during a market frenzy. In a separate statement, Robinhood shared that it’s…
[ad_1] It has now been sixteen years since the original publication of the Bitcoin whitepaper on the cryptography mailing list. Satoshi went and dropped the paper in the place it would be best received, where all of the cypherpunks and cryptography nerds who had been obsessed with digital cash systems for years hung out and regularly discussed that and other related topics. The whitepaper was by no means even close to a comprehensive description of the Bitcoin protocol. It didn’t describe the scripting language at all, it didn’t go into a difficulty adjustment algorithm, it just vaguely described the concept…
[ad_1] Este artículo también está disponible en español. The Dogecoin price now looks like it has established support of around $0.17, having rebounded just below it in the past 24 hours. With the $0.17 price level cleared, the next step is a convincing break above $0.18. Interestingly, technical analysis of the Dogecoin price suggests a strong multi-year resistance level between $0.18 and $0.20. Technical analysis using Elliot waves suggests a break above the resistance levels could open up the path to a peak of $2.4. While this target may seem ambitious, Dogecoin has attracted renewed popularity and recent price gains,…
[ad_1] A press release circulating yesterday proved yet again that there’s nothing the mainstream media loves more than some crazy nut claiming to have created Bitcoin. Follow Rizzo on X.https://x.com/pete_rizzo_/ In honor of White Paper Day, the latest event, billed as the unveiling of the “legal identity” of Satoshi Nakamoto, attracted a who’s who of press, including the BBC, who were caught up in the Craig Wright scandal in 2016. (Wright was later legally deemed not to be Satoshi.)Even that burn didn’t stop their reporters from interviewing the latest man who’s claiming – without evidence – that he created Bitcoin, though. This…
[ad_1] Este artículo también está disponible en español. Dogwifhat (WIF) has emerged as one of this cycle’s standout meme coins, and a major move might be imminent. WIF is trading just above $2.5, a key support level that top analyst and investor Ali Martinez believes could be a launchpad for a 17% surge to the $3 mark. Martinez shared a technical analysis highlighting WIF’s strong base above $2.5, signaling that bullish momentum is building for the token. Related Reading As WIF holds above this crucial level, investor optimism and trading volume are rising, suggesting that both short-term and long-term holders…
[ad_1] In the past several months, the Solana memecoins market has gone through massive growth, and investors are eager to get more of the latest SOL meme token. However, one analyst has a word of caution for those investors seeking these high-risk opportunities, telling them to brace for a fall. While the hype is undeniable, not all experts are convinced of its sustainability. But amidst this looming storm, one emerging prospect, RCO Finance (RCOF), is positioning itself as a more stable alternative for those aware of the incoming wave of volatility. ‘The Solana Memecoins Bubble Could Burst Soon’ As excitement…
[ad_1] Cryptocurrency analyst and trader Ali Martinez is leaning bullish on Cardano (ADA) amid a bounce in the market. Martinez tells his 76,100 followers on the social media platform X that Cardano is currently “following a similar pattern to 2020” where it went up by approximately 4,095% in around 343 days. “If history repeats, we might see a pump around November 18th — about two weeks after the US elections — and a potential market top by September 2025.” Source: ali_charts/X Cardano is trading at $0.355 at time of writing. Next up is Bitcoin (BTC). Martinez says that based on…
[ad_1] Este artículo también está disponible en español. Institutional traders are betting that Bitcoin will surge to $79,300 by the end of November. This bullish sentiment is evident in recent trading activities on the Chicago Mercantile Exchange (CME), where Bitcoin options have experienced some of their highest trading volumes ahead of the US presidential election. Bitcoin To Rise Above $79,300? Joshua Lim, co-founder of Arbelos Markets—a trading firm providing liquidity across cryptocurrency derivatives markets—shared insights on X about these notable trades. “CME Bitcoin options just experienced some of its largest volume days ever, ahead of the US election,” Lim stated.…