FET failed to break out of the descending channel and was under bearish pressure.

A decline in stock reserves amid increased whale activity suggests an imminent trend reversal.
#FET was under bearish pressure after falling 14% over the past two weeks. The bearish sentiment prevented a breakout from the descending parallel channel.
FET was trading at $1.18 at the time of publication. The altcoin continues to face resistance at USD 1.34, which is also the upper trendline of the descending channel

China is considering $1.4 billion in fiscal stimulus: report - The Daily Hodl

China is reportedly considering a major stimulus package in a bid to breathe new life into its ailing economy.
According to Reuters, China, the world's second-largest economy, may approve a 10 trillion yuan (£1.4 trillion) fiscal stimulus package as early as next week.
China plans to raise new debt over the next few years by issuing special government bonds and local government bonds.
sources close to the matter said

Lower interest rates and election speculation will drive bitcoin prices higher, claims WonderFi CEO

Bitcoin (BTC) recently hit an all-time high of over 100,000 Canadian dollars and is currently trading at around $BTC Dean Skurka, CEO of WonderFi, predicts that the upcoming interest rate cuts in Canada and the U. S. , as well as the U. S. presidential election in 2024, will drive #bitcoin prices higher over the next six to four months.
He cited the Bank of Canada's recent 50 basis point interes

The analyst expressed concern about the bitcoin price despite the influx of funds into ETFs.

He noted that at the same time, more than $6 billion has flowed into gold ETFs since March 13. And the price of gold has risen by 25%. Why is gold rising and #BTC can't go up despite the almost constant bullish news? ' - he wondered.
the answer, according to him, is quite simple. Gold flows of $6 billion are mostly new money, while BTC flows of $12 billion are mostly money in blockchain and centralized

Bitcoin ETFs: rising in value amid falling price?

In an ongoing discussion on bitcoin's performance, Bloomberg analyst Eric Bartunas claims that #bitcoin ETFs are having a positive impact on the cryptocurrency's value, despite the fact that expectations of a sharp rise in prices have not materialized.
Financial analyst Jim Bianco, meanwhile, expressed concern about bitcoin's stagnation, noting that despite more than $12 billion in bitcoin #ETF inflows, the price has fallen 4 percent since hitt

Ripple's third-quarter growth was driven by a surge in XRP trading volumes and institutional investor interest.

Cryptocurrency giant #Ripple reported strong growth in the third quarter, boosting transaction volumes in the #XRP #Ledger .
There was also a surge in institutional interest in XRP amid the SEC's weakening influence on #cryptocurrency regulation. Major financial institutions such as CME and Bitnomial have introduced new XRP products, while companies such as Bitwise and Grayscale are b

Among the big alts, DOGE fell the most. This weekend was a bit different than usual, with BTC experiencing heavy volatility, mostly in the south.

altcoins suffered even more, with many stocks including DOGE, APT and WIF falling more than 5% on the last day.
the week started off very well on Monday and Tuesday morning, with #bitcoin soaring from $67,500 to over $71,500. The bulls continued to press the gas pedal and prices soared to $73,600 on Tuesday. However, things started to turn around when

CryptoQuant data shows a change in user behavior on the Ripple network.

The platform was previously used primarily for payment transactions. At the beginning of the year, they accounted for about 88% of all activity. However, this dominance has since declined, and payment transactions now account for about 44% of total activity.
While the new OfferCreate feature is gaining momentum and now occupies an equally important place.
The growth in OfferCreate transactions can be interpreted as a growin

-Bitcoin (BTC) entered November having broken through psychological resistance at the $70,000 level after holding at that level for several days. With the start of the new month, Finbold analyzed bitcoin's historical returns and provided a BTC price forecast for Nove

mber 30.In hindsight, #bitcoin ended October with a gain of 10.76%, nearly half the average and median historical returns of the uptober, with Coinglass data showing that the average historical return for November was even higher t

The U.S. presidential election is a telling story.

the U. S. presidential election is just around the corner, and the world's largest economy will have to choose whether to continue on the same path it's been on for the past four years or completely change course if it chooses Republican nominee Donald Trump.
The economic downturn will affect millions and tens of millions of people, and the #cryptocurrency community is watching to see how #bitcoin and #altcoins will be affected.
the popular cry

Ripple's XRP is resonating with institutional investors and trading volumes are on the rise.

Ripple reports % growth.
#Ripple reported a strong third quarter with institutional investors driving demand for #XRP . Ripple reported an increase in trading volume on the XRP #Ledger and growing interest in the XRP token from institutional investors.
Despite the increase in trading volume, most of it came from small microtransaction volumes.
large financial institutions, such as the Chicago Mercantile

What to expect in the cryptocurrency markets during the election

A leading crypto trader Emperor recently revealed what he thinks could happen in the #cryptocurrency markets during the election. He predicted that Trump's victory could initially spur markets due to his pro-cryptocurrency stance and his promise to clarify the rules governing #digital assets./bitcoin, in particular, tends to react strongly to changes in U. S. politics. Below are the predictions for #cryptocurrencies after the ele

Solana sees a resurgence in institutional investment and user growth in Q3 2024

In Q3 2024, #Solana saw a significant surge in institutional investors in Solana-powered applications.
According to Messari, a total of 29 distributed applications (dApps) raised $173 million, up 54% from the previous quarter and the highest since mid-2022, despite a 37% decrease in the number of funding rounds.
This growth coincided with Solana overtaking #Ethereum in daily commissions, earning more than $2.54 mil

In this post. On November 1, Judge Katherine Polk Fair postponed Storm's next trial to April 14, 2025.

Storm's defense team challenged the court's decision to postpone the trial and asked the U. S. Court of Appeals for the Second Circuit for a writ of mandamus.Roman Storm is charged with three counts of conspiracy to launder money, conspiracy to violate sanctions, and conspiracy to conduct an unauthorized money transfer business.The trial of Roman Storm, co-founder of Tornado Cash, has been res

Enhancing privacy in blockchain: the role of zero-knowledge evidence in secure transactions

We live in an information world where data is the new oil. As a result, anything is possible with data. This data-driven reality brings with it a great deal of responsibility, particularly to ensure the protection of personal and sensitive information. #Blockchain technology is a powerful tool where transparency is more important than privacy. While transparency is important for trust in decentralized sy

In this post. Craig Wright, who continues to claim he is Satoshi Nakamoto, is now being held in contempt of court for allegedly violating a restraining order.

It has already been established in court proceedings that Wright's claim that he is Satoshi is false.Satoshi Nakamoto could face legal consequences if he goes public.An Australian computer scientist, Craig Wright, who claims to be Satoshi Nakamoto, the anonymous founder of #bitcoin , is facing new legal trouble. He is now facing contempt

Hopes for XRP ETF grow: 21Shares files for SEC approval

21Shares is the third company to apply to the U. S. Securities and Exchange Commission for permission to create an #XRP #ETF , along with Bitwise and Canary Capital.
This also follows statements from Ripple CEO Brad Garlinghouse, who recently called an XRP ETF "inevitable" and suggested a growing demand for such a product.
#Bitcoin and Ethereum ETFs are already gaining momentum and are a promising precedent for XRP. However, the path to S

In this article. 21Shares intends to list its trust on the Cboe BZX exchange, with Coinbase Custody Trust Company acting as custodian if approved.

#Ripple CEO Garlinghouse believes the launch of the #XRP trust is imminent.The 21Shares Solana #ETF Spot Trust has not yet been approved or rejected, and its application is still in the EDGAR database.November 1, 21Shares filed a Form S-1 registration statement for the XRP ETF Spot with the Securities and Exchange Commission. If the regulator approve

Investment bank UBS has launched its first tokenized investment fund Money Market Fund on the Ethereum blockchain.

UBS, following #BlackRock and Franklin Templeton, has begun to explore the possibilities of tokenizing real assets.
Investment giant UBS, the world's largest private bank, today announced the launch of uMINT, the next fund.
'UBS USD Money Market Investment Fund Token.
'Tokenized Investment Fund on the #Ethereum blockchain'.
UBS did not disclose which financial instruments will be i

Jupiter and Raydium, decentralized exchanges (DEXs) under the Solana umbrella, say the following.

With the inclusion of #XYO in the #Solana (decentralized finance) ecosystem and platforms like Jupiter and Raydium, any Solana or Mimcoin token holder [.... ]. trades seamlessly with XYO and has access to the DePIN data ecosystem, XYO co-founder Markus Levin told Cointelegraph on Nov. 1.1.
the Solana launch is part of a broader goal to make XYO available on multiple blockchain networks, Levin added