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Sui ‘infrastructure partner’ to dump $20 million more amid selling spree

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A Sui Foundation’s “infrastructure partner” was spotted selling $400 million worth of SUI tokens, raising market concerns and speculation. The whale has now prepared another $20 million worth of SUI in the wallet used for the ongoing selling spree. In particular, the decentralized finance (DeFi) analyst VIKTOR identified the account ‘0xbe90d(…)’ as Sui Foundation’s alleged “infrastructure partner.” On October 14, the account received 10 million SUI after briefly stopping a consistent $400 million selling spree. The analyst explained this whale receives tokens from two other accounts, one being the ‘0xa4da59(…),’ from this recent transaction. Notably, the origin accounts have approximately $430 million and $230 million worth of SUI in staking, supposedly under vesting contracts. Picks for you R. Kiyosaki advises how to 'survive and thri

Bonk Price Surges 5%, But Experts Say This Innovative Staking Meme Coin Might Be The Best Crypto To Buy Now

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The Bonk price surged 5% in the last 24 hours to trade at $0.00002285 as of 3.15 a.m. EST on trading volume that skyrocketed 80% to $255.6 million. Bonk Price Prediction Right now, Bonk is experiencing increased volatility with its price showing uncertainty as it struggles against a smaller resistance at $0.0000230. According to some technical indicators, BONK still has plenty of room to grow, but the fact that this resistance is preventing it suggests that the traders are hesitant to buy. Bonk’s Bollinger bands have seen a noticeable widening in the past few hours, placing greater distance between the two lines right now than during its price surge in the last 18 hours. However, while wider bands are typically a positive signs, this widening happened during the correction, when the price dropped to the lower band and it pushed it further down. Now, the price is trying to return to the middle point between the two bands, although it is still seeing minor fluctuations that do not al

Is Bitcoin price following Trump’s betting odds?

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As the 2024 U.S. presidential election approaches, an intriguing pattern is emerging, showing a correlation between Bitcoin’s (BTC) price and the rising odds of a potential Donald Trump victory. A comparison of Trump’s betting odds to win the election against Vice President Kamala Harris indicates that the former president’s chances have been climbing since October 10, reaching 53% as of press time, according to data from Kalshi. Between October 10 and 14, Trump’s odds increased from around 50% to 54%. During this same period, the price of Bitcoin surged from approximately $60,300 to around $65,000, reflecting an over 7% increase. Picks for you Ethereum creator Vitalik Buterin sells over $2 million worth of tokens 20 hours ago Is this Bitc

As Ethereum Faces SEC Delays, PEPE, DOGS, and FoxLetFun Offer High-Growth Alternatives

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The cryptocurrency world is constantly evolving, and as of late, Ethereum (ETH) has found itself caught in a regulatory web. The SEC’s ongoing delays regarding the approval of Ethereum’s spot ETF options have left many investors uncertain about the token’s near-term potential. As a result, a growing number of investors are looking toward PEPE , DOGS , and FoxLetFun (FLF) —three rising stars in the crypto space—as potential high-growth alternatives. Ethereum’s Uncertain Future Amid SEC Delays Ethereum has long been one of the most reliable assets in the crypto space, but the SEC’s postponement of its spot ETF decision is creating uncertainty. According to Cointelegraph , this regulatory delay is causing many investors to rethink their Ethereum holdings, especially with a market that thrives on quick gains and volatility. While Ethereum remains a solid long-term investment due to its wide range of decentralized applications and smart contract capabilities, its short-term ou

3 Best Cryptocurrency Exchanges for Hassle-Free Trading in 2024 [Video Guide]

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As the crypto market undergoes continuous changes, including shifts in policies and regulations, choosing the right exchange is crucial for both traders and investors. The focus is on exchanges that not only offer competitive trading fees but also provide a user-friendly experience for both spot and leverage trading. Furthermore, the availability of diverse trading pairs can enhance liquidity and trading opportunities, allowing users to capitalize on market fluctuations. In this regard, this article highlights the three best crypto exchanges for seamless trading in 2024. KCEX – Your Go-To Crypto Exchange in 2024 for Low Fees and Anonymous Trading KCEX is one of the best cryptocurrency exchanges to consider in 2024, particularly for traders seeking competitive fees and flexible usage options. This platform allows users to trade altcoin futures with exceptional liquidity, making it an attractive choice for both novice and experienced traders. A notable feature of KCEX is its impressi

Understanding Miner Extractable Value (MEV) in DeFi

Understanding Miner Extractable Value (MEV) in DeFi!Miner Extractable Value (MEV) has become a crucial topic in the world of decentralized finance (DeFi), particularly as it pertains to the efficiency and fairness of blockchain networks. MEV refers to the profit miners or validators can extract by reordering, including, or censoring transactions within a block they are responsible for mining or validating. As the DeFi ecosystem grows, so does the significance of MEV, which has profound implications for both users and protocols. What is MEV? At its core, MEV is the additional value that can be captured by miners beyond the standard block reward and gas fees. It arises from the unique ability miners have to prioritize transactions, allowing them to manipulate the order in which they are processed on the blockchain. In a decentralized network, where transactions are typically included in blocks based on their gas fees, miners can choose to reorder transactions to maximize their profits. F

Pepe Price Prediction: PEPE Soars 28% In A Month, But Investors Are Flocking To This Layer-2 Alternative For Exponential Potential

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The Pepe price has soared more than 28% in a month after climbing 1%  in the last 24 hours to trade at $0.000009358 as of 11:32 p.m. EST. Following the strong monthly performance, the PEPE price is in the green by an impressive 1,355% over the last year. The Pepe Price Breaking Out Of A Bearish Channel 4-hour chart for PEPE/USD (Source: GeckoTerminal ) The Pepe price was able to crawl out of a descending price channel in the last couple of hours. As a result, the meme coin is now attempting to overcome the resistance level at $0.000009905. A break above this mark could set the crypto’s price up for a continued rise to the next major mark at $0.000010878. On the other hand, the Pepe price failing to maintain a position outside of the descending price channel for the next 12 hours could prevent any bullish move from taking place in the short term.  In a more bearish scenario, PEPE might end up dropping back within the negative channel. This could also lead to it losing the immed

Ripple launches crypto custody storage for banks

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On October 10, Ripple announced the launch of new Features for Ripple Custody, its digital asset storage service geared toward banks and fintech companies.  Aaron Sletterhaugh, Senior Vice President at Ripple, stated that Features such as anti-money laundering (AML) monitoring, pre-configured policy and operational settings, as well as integration with the XRP ledger and a user-friendly interface, will appeal to institutional clients as well as crypto natives looking to keep digital assets. We’re launching new Features for Ripple Custody, bringing bank-grade custody solutions to fintech and crypto businesses. Simplified onboarding ️#XRPL tokenization & DEX support ️ Pre-configured policy frameworks ️ R/T compliance monitoring ️ New UIhttps://t.co/gejagnouTS — Ripple (@Ripple) October 10, 2024 Ripple’s new custody division has been endeavoring to establish the company in the space for some time now — this latest development follows Ripple’s acquisition of St

Taiwan to Launch Bitcoin Custody Trial With Local Banks in 2025

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In what is certainly a positive development for the country’s digital asset approach, Taiwan is set to launch Bitcoin custody trials through local banks in 2025. Indeed, the country’s Financial Supervisory Commission is planning the collection of applications for institutional interest. Moreover, these applications will seek to trial cryptocurrency custody services in Q1 of next year. Taiwan’s local regulators are poised to see a surge in institutional crypto adoption through the trials. Additionally, the project has reportedly already seen three private banks in the country express interest in taking part in the trials. Therefore, the pilot project is expecting to have a plethora of banks seeking to take part. Also Read: How to Buy Tether USDT in Taiwan? Taiwan Eyeing Bitcoin Custody Trials With Local Banks in Early 2025 In 2024, cryptocurrencies took a massive step forward. Indeed, the asset class saw a notable increase in its relevance in finance. With the US approaching two crypto-

What are the profit models for Telegram mini-apps based on TON

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Author: defioasis WeChat mini-programs, with their lightweight, no-download-needed Features , have become a crucial way for users to experience games and applications on WeChat, a major social platform. WeChat mini-games have generated substantial revenue for developers through various established monetization models. Similarly to WeChat mini-programs, Telegram mini-apps built on the TON blockchain are emerging as a new force among cryptocurrency users. They not only offer new profit opportunities for Web3 developers but also provide new ideas for the development of decentralized applications. Token issuance, in-app purchases, and advertising are the most common revenue models for Telegram mini-apps. In fact, several of Telegram mini-apps’ monetization strategies mirror those found in WeChat mini-programs. This article will review several primary profit models. Token Issuance Token issuance is the simplest and one of the most significant profit models for Telegram mini-apps, where accu

How High Will Pepe Coin Rise In October 2024?

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Pepe Coin (PEPE) made a notable entry into the canine-dominated cryptocurrency industry. The meme coin has witnessed impeccable growth over the last couple of months. About four months ago, the asset hit an all-time high of $0.00001718. But the rough tides on the cryptocurrency market got to the frog-inspired coin, as it slipped and is currently 43% below its peak. Also Read: Top Crypto ETFs to Buy in October: Maximize Your Gains Current Market Status Source At press time, the meme coin was trading at $0.000009716 following a 6.19% dip over the past 24 hours. This comes as a shocker to many as the price of Pepe was on an upward trajectory. Several analysts even suggested that the meme currency may hit $0.000012 if this trend continues. Successfully breaking the $0.000015 barrier might lead to a significant rise. A substantial price spike might result, with possible profits of up to 50%. But the meme coin’s latest slowdown could be revered in the next few days. So, PEPE holders will hav