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The concept of getting rich quickly in the crypto market has attracted many people towards Ethereum (ETH) and Shiba Inu (SHIB), which are among the most sought-after crypto assets. Do not imagine however that either of these would give you 15x returns based on such expectations. ETH and SHIB like it or not are stones of the past and if any market holder has dreams of massive returns from these two there is little to be hoped for. But there…

Bitcoin (BTC) retreated from $64,000 late on Wednesday after reaching a peak of $64,780, just short of the crucial $65,000 price level. The overall crypto markets saw a slight retreat, with the market cap falling by 0.82% to $2.23 trillion. BTC is down almost 1% over the past 24 hours but could look to push back above $64,000 if buyers can regain momentum.  While BTC retreated, the crypto markets tested new monthly highs when its market cap climbed to $2.25…

There has always been an opportunity for high-age rates especially when the market is in a bull run for cryptocurrency. Just before the next wave of a bull run, tokens that are fetching below $0.10 are on the attention of many investors. CoinMarketCap recently ranked the Rexas Finance (RXS), Notcoin, and DOGS Token as among the cryptocurrencies that will scale the height that Shiba Inu reached during its upsurge. Here are these tokens that are targeting the next market surge…

Dubai, United Arab Emirates, September 26th, 2024, Chainwire Bybit’s World Series of Trading (WSOT) 2024, the longest-running and most rewarding trading competition of its kind by the world’s second-largest cryptocurrency exchange by trading volume, invites the crypto community to meet former WSOT legends and unlock auspicious rewards on livestream. Joining the trading champions will be other crypto insiders, including co-host Gareth Jenkinson, Managing Editor at Cointelegraph for the first time. Themed WSOT Legends: What’s New, What’s Next on Bybit Livestream,…

Vilnius, Lithuania, September 26th, 2024, Chainwire The BITmarkets crypto exchange has published its end-year update for its crypto study on the game-changers for crypto in 2024, entitled “Revisiting the Game-Changers for Crypto”. Amongst the listed assets, which include cryptocurrencies and other digital assets with the potential to transform the crypto world as we know it, an emerging newcomer is Sui—a blockchain token that is gaining popularity and significance within the decentralized finance (DeFi) applications and technology. “Sui’s continued innovations and…

Singapore, Singapore, September 26th, 2024, Chainwire SphereX is excited to announce the official launch of its mainnet, marking a key milestone in decentralized finance (DeFi). Powered by zkLink Nova’s Layer-2 scaling technology, the SphereX mainnet offers a faster, more efficient trading experience with lower fees and greater scalability. This launch sets the stage for SphereX to further its mission of democratizing finance and making trading more accessible to users globally. zkLink Nova: Elevating the SphereX Experience By integrating zkLink Nova’s…

The BTC/USD pair is currently holding above $63,500. The next step for the bulls is to push the price above $65,050, which would be an all-important higher high, and would officially break the current downtrend. Is this the first stage in Bitcoin’s drive towards its all-time high? Momentum is pushing Bitcoin higher Source: TradingView The $BTC price is potentially about to crack open the door that will lead to the next higher high, and the path towards the top of…

Visa, a global leader in payment solutions, has taken another major step into the cryptocurrency space by launching a platform designed for banks to test tokenized assets and smart contracts.  Visa's Vision for Tokenized Assets The new platform launched by Visa allows banks to issue fiat-backed tokens in a regulated manner and explore the potential of blockchain technology in capital markets. Cuy Sheffield, Visa's Head of Crypto, outlined the company’s objectives, stating,  “We think that creates a significant opportunity for…

XRP price failed to climb above the $0.6050 resistance and declined. The price is now testing the $0.5765 support and might consolidate for some time. XRP price is still struggling to clear the $0.600 resistance zone. The price is now trading below $0.590 and the 100-hourly Simple Moving Average. There is a key 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 start a fresh increase…