Posts

BRICS: 3 Countries to Launch CBDC Currency, End US Dollar Reliance

Image
BRICS member Brazil, along with two other countries has forged a new path for cross-border payments with CBDC innovations. The Central Banks of the three countries have officially partnered to create a digital currency for trade among each other. The move will pave the way for a new financial infrastructure without the need for the US dollar for cross-border transactions. Also Read: BRICS: Shipping Firm Pays $8 Billion in Chinese Yuan, Ditch US Dollar Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Apart from using local currencies for global trade settlements, BRICS is also working towards the formation of CBDC to dent the US dollar. The next decade will be challenging times for the greenback as de-dollarization will be a global phenomenon. BRICS: 3 Countries Forge CBDC Alliance, US Dollar Remains Target Source: CNBC The Hong Kong Monetary Authority (HKMA) announced that it has forged a CBDC alliance with two other Central Banks to

Binance donates $3 million to help flood relief efforts in Valencia, Spain

Binance Charity, the philanthropic branch of the global blockchain company Binance, is donating $3 million to the Spanish Red Cross ( Cruz Roja Española ) to support flood relief efforts in Valencia, Spain, according to the latest information shared with Finbold on Tuesday, November 5. #Binance is making a $3M donation to the Spanish Red Cross to support relief efforts following the devastating floods that hit the Valencia region in Spain. Our thoughts and prayers go out to all those affected. Read more https://t.co/ZzRPfYFGbf pic.twitter.com/TTyxp6bL6d — Binance (@binance) November 5, 2024 .@binance Charity lidera la donación de 3 millones de dólares a la @CruzRojaEsp para apoyar los esfuerzos de ayuda ante las inundaciones en Valencia. +info: https://t.co/PdPeZ9XzqM pic.twitter.com/EvZmixwhiz — Binance España (@BinanceES) November 5, 2024 Binance flood relief efforts in Valencia Javier García de la Torre, Binance’s General Manager for Spain, reached out

Is It Too Late To Buy ACT? Act I : The AI Prophecy Price Soars 28% And This Might Be The Next Crypto To Explode

Image
The Act I: The AI Prophecy price has soared 28% in the last 24 hours to trade at $0.02088 as of 3:30 a.m. EST on a 35% surge  in trading volume to $27 million. Act I: The AI Prophecy Price Double-Bottom Pattern Signal Potential Uptrend The ACT/USD price action on the 4-hour timeframe shows potential for a bullish reversal, with the current price trading around $0.02002. The chart shows a strong support zone, marked as a “Double Bottom” pattern, around the $0.018–$0.020 level. This area has acted as a base for buyers, preventing further declines and potentially signaling a trend reversal. The double-bottom formation is typically a bullish pattern, suggesting that the price may start to climb if it continues to respect this support level. ACTUSD Analysis . Source: Dextools.io The 50-period moving average (blue line) is currently positioned around $0.0266, above the current price. This moving average serves as an initial resistance level that the price would need to surpass

MAGA Price Prediction: TRUMP Slumps 23% As Polls Show Tight US Election, But Experts Say This New PolitiFi Token Might 10X

Image
The MAGA price slumped 23% in the last 24 hours to trade at $2.646 as of 11:05 p.m. EST on trading volume that surged 53% to $15.3 million, according to data from CoinGecko .  This comes as opinion polls show the US presidential election is an an extremely close race between Vice President Kamala Harris and Donald Trump. Harris has a one-point advantage, 48% to 47%, over her Republican opponent in one of the latest polls, but such a lead barely even covers the margin for polling error. Polls show Harris barely ahead, but Trump’s got a real shot—battleground states are deadlocked, and anything could tip the scales. With early votes piling up and big issues on the line, it's anyone's race. Buckle up for an unpredictable Election Night. #Election2024 https://t.co/kVoKrNFbLs — P a u l ◉ (@ybarrap) November 2, 2024 MAGA Price Gearing Up Towards A Bullish Trend Reversal From the end of September to mid-October, the MAGA price went through a surge from the $1.69 support to the

Shiba Inu Timeline: Projections for $0.0006 and $0.005 Targets

Image
Shiba Inu is at $0.00001723. Cryptocurrency experts are studying its path to higher prices. SHIB projections turned positive after dropping a zero in February, yet the Shiba Inu price stayed flat for eight months. Source: CoinCodex Now, analysts focus on SHIB projections for two key targets: $0.0006 and $0.005. Technical signs point to possible price changes soon. Market data suggests increased trading activity across major exchanges, with growing institutional interest in the token. Also Read: Expert Reveals Altcoins Surpassing Shiba Inu, XRP, and Dogecoin Future Outlook: SHIB Projections and Investment Potential Source: Changelly The Path to $0.0006 SHIB needs to grow 3,382% to hit $0.0006. Telegaon’s team sees this happening by 2030. Their data shows an average price of $0.0006446. They looked at market growth and cryptocurrency adoption rates. The Analysis includes token burn rates and trading patterns from the past year. “As per our price prediction, the average price of Shiba In

Donald Trump Supporters Rip Into Shark Tank Star Mark Cuban After He Claims Trump Lacks ”Strong, Intelligent Women” Around Him

Billionaire investor and Shark Tank star Mark Cuban has sparked a firestorm among Donald Trump supporters after saying the presidential candidate is rarely seen alongside “strong, intelligent women.” Kayleigh McEnany, Trump’s former press secretary, described Cuban’s remarks as “profoundly offensive,” while Trump supporters flooded social media with responses as they rush to defend Trump and criticize Cuban’s take on the company he keeps. WATCH: Mark Cuban tries to claim that the women around Donald Trump are not strong or intelligent, faces strong backlash from @KayleighMcenany pic.twitter.com/2doeGYtxiq — Florida’s Voice (@FLVoiceNews) October 31, 2024 Trump responded on Truth Social, calling Cuban “a really dumb guy” and arguing that he surrounds himself with “the strongest of women.” The firestorm erupted after the pro-crypto billionaire, who backs Trump rival Kamala Harris, appeared on ABC’s ”The View,” where he was asked why he thought Trump hadn’t asked former South Carol

What is Cross-Chain Interoperability?

What is Cross-Chain Interoperability? As blockchain technology expands, different blockchains are developed with unique protocols, features, and functions. While this diversity drives innovation, it has also created a fragmented ecosystem where isolated networks cannot easily interact with each other. This is where cross-chain interoperability becomes essential. Separate blockchain networks can communicate, share data, and execute transactions across one another, creating a cohesive experience across a previously disjointed landscape. Why Cross-Chain Interoperability Matters Cross-chain interoperability is fundamental for the decentralized ecosystem’s growth and practical application. Without it, users are forced to navigate multiple wallets, exchanges, and platforms to access assets or services on different blockchains. Interoperability offers a more streamlined experience by allowing users to interact with various networks seamlessly, driving mass adoption by simplifying blockchain

Solana Hitting This Price Will Be Final Confirmation Crypto in Parabolic Phase: Macro Guru Raoul Pal

Image
Macro guru Raoul Pal believes that if Solana (SOL) reclaims a key level it may signal the broader crypto market has entered the most explosive phase of the cycle. The Real Vision CEO tells his one million followers on the social media platform X that if Solana turns $185 into support other digital assets may start to soar along with it. “With BTC well over $70,000, I’m looking for the final confirmations from some others. SOL over $185.” Source: Raoul Pal/X Pal says that a massive crypto uptrend may soon begin since SOL and other digital assets appear to be printing breakout patterns. “Hopefully we can break all these levels and get on with our lives. Im not buying or selling, just observing market phases. SOL breaking $185 is enough for me to confirm the fruit phase (we are all a bit mentally burned by the range failures over the last months hence caution).” Meanwhile, pseudonymous analyst Inmortal tells his 217,800 followers on the social media platform X t

Ethereum Price Prediction: As ETH Giant Consensys Slashes Workforce By 20%, Traders Pivot To This Staking Meme Coin With 540% APY

Image
The Ethereum price surged almost 3% in the last 24 hours to trade at $2,665 as of 03:38 a.m. EST on trading volume that edged up 1% to $21.46 billion. This comes as Consensys, founded by Ethereum co-creator Joseph Lubin, trimmed its workforce by 20% amid persistent macroeconomic pressures and  regulatory challenges. Ethereum Price Still On Track For A Bullish Trend Reversal According to GeckoTerminal , the Ethereum price slumped in July, as ETH dropped from the $3,538 resistance to the $2,200 support zone. The ETH price bulls then took advantage of the support to push Ethereum through an ascending triangle pattern. ETH has finally crossed the 50-day Simple Moving Average (SMA), with the surge moving closer to the 200-day SMA at $2,979. Moreover, the Relative Strength Index (RSI) seems to be rebounding from the 50-midline level, currently at 58, which is a sign that buyers may be exerting pressure on the token. If the bulls capitalize on the ascending triangle and the increasing

Next Cryptocurrency to Explode, October 29 — PepeCoin.io, Sui, Mog Coin, Shiba Inu

Image
Every day, the cryptocurrency market experiences changes and developments that shape investment choices. Last month, the cryptocurrency market experienced heightened volatility as several tokens experienced price fluctuations. But things are already starting to look up for smart investors. The crypto market is observing a noteworthy increase in trading signals, leading investors to actively search for the next promising token. However, being able to spot the next cryptocurrency to explode amidst this abundance requires a thorough understanding of the market dynamics. Today’s article identifies coins with some potential and informs investors and traders about each token. Next Cryptocurrency To Explode Today’s review highlights promising cryptocurrencies that investors should keep an eye on. Among these is a new project called FreeDum Fighters. FreeDum Fighters is a satirical token that combines crypto with political drama. Currently, in stage 1 of its presale, the project has alread

Trump Eyes Musk For The Cabinet Role: What It Means For US & The USD?

Image
The US political domain is gearing up for a change, as elections for the next president are one week away. This has prompted the poll portals to develop new forecasts, seeking clarity while anticipating the next big entity to assume the political “American throne.” While Trump and Harris have left no stone unturned to give their best shot at political campaigns, the polls are inching towards Trump, suggesting that he will win the elections. At the same time, the Elon Musk-Trump connection is also firing up, with Trump announcing plans to give Musk a leading cabinet role if elected as the president again. Let’s explore Musk’s role in U.S.A. politics and, most importantly, the US dollar. Also Read: Shiba Inu: SHIB Eyes 351% Surge To $0.000081, Analyst Predicts Elon Musk: A Part of America’s Political Future? Speculations about Musk joining the Trump cabinet are running wild on X. The platform is filled with anticipatory posts about whether Musk will play a key role in US politics if Trum