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Showing posts from November, 2024

BRICS: Expert Says Talk of US Dollar Demise is Overstated

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Despite the BRICS bloc’s ongoing attempts to lessen Western reliance economically, one expert has said that the whispers of a US dollar demise are greatly overstated as the alliance’s impact has faltered. Indeed, the recent de-dollarization efforts have seemingly had far less impact than the group would have hoped. That does appear to be occurring alongside a shift for the bloc. Specifically, Russian President Vladimir Putin, who was the loudest proponent of ditching the greenback, has recently assured he would not continue trading outside of the currency. Moreover, he could be seeking a boost to US relations amid Donald Trump’s incoming return to the White House. Also Read: Donald Trump Unlikely to Stop BRICS Nations Trading in Local Currencies BRICS Expert Says US Dollar Demise is Further Away Than Alliance Thinks The BRICS bloc is currently caught in an interesting position. Over the last two years, the group has been firmly committed to de-dollarization. Indeed, it...

Microsoft The Millionaire Maker: Why MSFT Is Hottest Magnificent 7 Stock

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Amid what is a surging Wall Street tech sector, Microsoft (MSFT) has emerged as a potential millionaire maker, proving to be perhaps the hottest magnificent seven stock available. The company has made incredible strides in AI, and it could be set to leverage that for immense gains in the coming year. The company has been a consistent growth driver for much of the last decade. With its software development business as its backbone, the company’s diversification has set it up to compete with some of the stock market’s biggest titans. In 2025, it looks to mint more millionaires and could be the best investment of the market’s top options. Source: Computer Services Group (CSG) Also Read: Microsoft Predicted to Hit ATH of $550 as Now is the Time to Buy In Microsoft to Lead Magnificent 7 in 2025 as a Buy-Now Stock The last month has been impressive for Wall Street. Amid Donald Trump’s 2024 US presidential election win, the stock market experienced euphoria. Indeed, bot...

XRP Price Prediction for Today, November 29 – XRP Technical Analysis

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The XRP price prediction shows that XRP is attempting to cross above the upper boundary of the channel to increase the bullish movement. XRP Prediction Statistics Data: XRP price now – $1.69 XRP market cap – $92.23 billion XRP circulating supply – 57.05 billion XRP total supply – 99.9 billion XRP Coinmarketcap ranking – #5 Getting in early on crypto projects can yield remarkable returns, as demonstrated by XRP’s incredible journey. Currently trading between $1.43 and $1.69 in the past 24 hours, XRP remains about 56.02% below its all-time high of $3.84 from January 4, 2018. However, its rise from an all-time low of $0.04664 on July 4, 2014, to today’s levels represents a staggering +60,194.13% increase. This phenomenal growth showcases the potential of early adoption in the crypto space and the opportunities blockchain technology offers to forward-thinking investors. XRP/USD Market Key Levels: Resistance levels: $2.30, $2.40, $2.50 S...

Mog Coin Leads Cat-Themed Crypto Plunge, But Catslap Token Surges 8% After 10 Million Token Burn

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Mog Coin (MOG) plummeted, leading a 5.5% plunge in the cat-themed meme coin sector, but new viral token Catslap (SLAP) defied the downtrend with an 8% surge after its recent 10 million token burn. The MOG price slumped 4% in the past day, bringing its weekly losses to more than 18%. This brought the feline crypto’s price down to $0.000002366 as of 4:24 a.m. EST. POPCAT, MEW And MIGGLES Record 24-Hour Losses The largest cat-themed token by market cap, Popcat ( POPCAT ), also suffered a price drop in the last 24 hours. Following its 1% drop, the Solana token’s weekly performance is more than 16% in the red.  Meanwhile, Cat In A Dog’s World (MEW) underwent a minor 24-hour correction. Similar to POPCAT and MOG, its 24-hour retracement pushed its weekly performance deeper into the red zone as well. Mister Miggles (MIGGLES) suffered the biggest weekly loss of more than 29% following a slight drop in its price in the last 24 hours. New Cat-Themed Meme Coin Sensatio...

Most Searched Cryptos on GeckoTerminal Today – GRINCH, Rizzmas, Baby BitCoin

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Blockchain analytics firm CryptoQuant shared on X that it remains an opportune moment to enter the crypto market and take advantage of the dip, even after recent notable price surges.  Bitcoin (BTC) experienced a 34% increase in November, while altcoins recorded significant gains.  However, according to CryptoQuant, the market has yet to experience the dramatic price movements and peak investor enthusiasm typically seen during a full-fledged crypto bull run. This suggests there may still be potential for further growth in the coming period. With digital assets printing price rallies, this article focuses on the most searched cryptos on GeckoTerminal today. Most Searched Cryptos on GeckoTerminal Today GRINC’s 15-minute candlesticks present impressive price movements. Rizzmas has displayed strong upward momentum, posting substantial gains over the past 24 hours. The $1 token experienced notable price activity during this trading session, marked by a mix of volatility an...

Tornado Cash Price Soars 383% In A Week as Court Reverses US Sanctions Ruling And Traders Pivot To This Staking Crypto With 100X Potential

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The Tornado Cash price has soared 383% in the past week and 13% in the last 24 hours to trade at $16.49 as of 3:20 a.m. EST on a 30% drop in trading volume to $82 million. This surge comes as a U.S. federal appeals court overturned Treasury Department sanctions against Tornado Cash, a cryptocurrency mixer accused of facilitating $455 million in laundering by North Korea’s Lazarus Group. The court ruled that Tornado Cash’s immutable smart contracts, designed to enhance transaction privacy, do not qualify as “property” under the International Emergency Economic Powers Act (IEEPA), thus exceeding the Treasury’s authority. Tornado Cash $TORN spiked +700% after US court rules sanctions placed against @TornadoCash were unlawful. Despite the price hovering around ~$20 (-96% from its ATH at $408), emission on $TORN supply has indicated its unlocked supply to be similar in value after almost 4 years.… pic.twitter.com/ih8YscxK8o — Tokenomist (...

Is this time different? Expert explains why altcoins are underperforming

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Altcoins have been underperforming this cycle, raising doubts on whether this time will be different from previous altseasons. A crypto expert and onchain analyst provided one explanation of why it could be happening, looking at market dynamics. Previously, a market bull cycle was made of Bitcoin (BTC), reaching new highs and money rotating to altcoins. This dynamics created what analysts call an “altseason,” when other cryptocurrencies outperform Bitcoin, sending its market dominance downwards. On November 27, Ki Young Ju, CEO and analyst at CryptoQuant , noted that altcoins’ market cap lags behind that of Bitcoin. According to him, this is caused by a significant change in the demand for Bitcoin – away from spot exchanging. Picks for you SUI prepares for its largest unlock to date this Sunday – Should you be worried? ...

Most Trending Cryptocurrencies on Polygon – Frax Token, FrontFanz, Nakamoto Games

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The Polygon network has rapidly become a powerhouse in the crypto world, known as a thriving ecosystem for innovative projects. Among the countless tokens and platforms built on this Layer-2 blockchain, a few stand out as the most buzzworthy and impactful. Today, we highlight Frax Token, FrontFanz, and Nakamoto Games, three trailblazing cryptocurrencies gaining traction on Polygon. Most Trending Cryptocurrencies on Polygon As the crypto space continues to evolve, these tokens are not just trends but are reshaping the future of blockchain. Frax Token provides a reliable medium of exchange, aiming to redefine stability and flexibility in decentralised finance (DeFi). FrontFanz is revolutionising the creator economy, offering a censorship-free platform where creators can monetise their content directly. Nakamoto Games is leading the charge in blockchain gaming, offering a P2E platform where players can earn real rewards. These unique tokens are currently the most trending cryptocurrenci...

JP Morgan Predicts the Future of Elon Musk's DOGE

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President-elect Donald Trump appointed billionaire entrepreneur Elon Musk and Republican party leader Vivek Ramaswamy to run the Department of Government Efficiency (DOGE). The new department’s goal is to streamline federal operations and cut wasteful government spending. However, leading investment bank JP Morgan recently published a report on DOGE, casting doubt on its effectiveness. JP Morgan evaluated the prospects of DOGE , saying the new department will have a difficult time controlling government spending. While DOGE’s job is to advocate less red tape and government interference, the reality will be different. On paper, the idea seems wonderful, but practically, the department will find it hard to navigate. Also Read: XRP Forecasted to Breach All-Time High of $3.40: Here’s When JP Morgan: Congress Controls Government Spending, Not DOGE Source: Linkedin / JP Morgan JP Morgan wrote in its paper that Congress controls government spending and DOGE sits outside of Congres...