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Investors looking for quick and massive returns have new chances as the crypto market resurges following the recent 0.5% Fed rate cut. Over the next six months, analysts expect several altcoins to see substantial growth, making this an important period. We examine three altcoins with great potential that could yield enormous profits, such as a 10,000% increase for Rexas Finance. Rexas Finance (RXS): Poised for 10000% Surge in Coming Months Rising quickly in the crypto space, Rexas Finance (RXS) specializes…

As more investors flock to the cryptocurrency market, the rise of innovative tokens like Floki Inu (FLOKI) and GoodEgg (GEGG) continues to capture attention. If you're interested in purchasing either Floki Inu (FLOKI) or GoodEgg (GEGG), this step-by-step guide will help you navigate the process and take part in these promising projects. Step 1: Choosing a Crypto Wallet Before purchasing Floki Inu (FLOKI) or GoodEgg (GEGG), the first step is setting up a cryptocurrency wallet. Popular options include MetaMask, Trust…

For the last half year, SHIB has lost more than 55% of its value and currently trades at an appalling $0.00001348. Recently, a general bearish trend in the market has made SHIB decline again by 3% in just one month making this meme-inspired coin one of the poorest-performing cryptocurrencies. However, this decline by SHIB has made two Whales go all in on this viral Shiba Inu competitor. Whales Turn Away from SHIB: A Strategic Move To everyone’s shock and surprise,…

Democratic Presidential candidate Kamala Harris is looking to position herself as a more crypto-friendly candidate for the 2024 presidential election by pledging to support the growth of AI and digital assets while ensuring consumer protection. Focus on Technological Innovation In a recent appearance at a Wall Street fundraiser in New York, U.S. Vice President Kamala Harris announced her administration’s intention to support the growth of digital assets and artificial intelligence (AI) if elected to the presidency. Harris highlighted the importance…

INX partners with Backed to introduce new tokenized stocks listings including Apple (AAPL), Tesla (bTSLA), Microsoft (bMSFT), Google (bGOOGL), and Gamestop (bGME). INX, a digital platform that offers regulated trading platforms for digital securities and cryptocurrencies announced its partnership with Backed, a pioneer in real-world asset tokenization, to add additional tokenized stocks including Gamestop, Google, Apple, Tesla and more. The latest move follows the addition of NVIDIA stocks to INX’s platform, giving a chance for investors to buy into these…

Bitcoin (BTC) surged past $64,000 on Monday, rising to a high of $64,400 before dropping to its current levels. The world’s largest cryptocurrency has been up over 8% during the past seven days as it continues its rally following the 50 bps rate cut by the Federal Reserve. Gold also rallied to a new high, while the yen dropped further on a quiet day for the Japanese markets.  Ethereum (ETH) also maintained its position above $2,600, although sellers are looking…

BlackRock, the world’s largest asset manager, is seeking to amend its Bitcoin ETF (IBIT), which has been the top-performing ETF among its peers since launching on January 11. Bitcoin ETFs continue to attract institutional demand, bringing Bitcoin exposure to Wall Street and expanding its reach beyond retail investors. BlackRock Files Bitcoin ETF Amendment In a filing with the US Securities and Exchange Commission (SEC) on September 16, BlackRock requested that Bitcoin withdrawals from Coinbase, which acts as custodian for the…

Crypto investment products saw inflows of up to $321 million last week, a surge linked to interest rate cuts by the Federal Open Market Committee (FOMC). Bitcoin (BTC) remains the dominant asset, drawing most of the investment attention, while altcoins continue to take their lead from the pioneer cryptocurrency. Bitcoin Leads $321 Million Crypto Investment Inflows Digital asset investment products saw another round of positive inflows, with Bitcoin leading the charge, attracting $284 million. This uptick also inspired inflows into…

XRP price is consolidating above the $0.5785 support. The price must settle above $0.5920 and $0.600 to start a fresh increase in the near term. XRP price is still trading below the $0.600 resistance zone. The price is now trading below $0.590 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $0.5850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it…