NEAR Protocol Rockets 17% Daily; Bitcoin Holds Strong Above $37K
NEAR Protocol's native token stands out amid the latest market surge with an impressive 17% rise. Meanwhile, Bitcoin exhibits resilience, reclaiming $37,000 after a brief consolidation at $36,500. Altcoins, including LINK, IMX, HBAR, and LDO, also witness notable gains, contributing to a $20 billion increase in the total crypto market cap.
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Sep. 12, 2024
XRP Spikes 8% as Grayscale Launches XRP Trust in the U.S.
Crypto fund manager Grayscale is launching an XRP trust that could pave the way for a spot XRP exchange-traded fund (ETF) in the U.S. The closed-end fund will offer accredited investors direct exposure to XRP {{XRP}}. Grayscale previously offere...
Markets
Sep. 12, 2024
Mining New Bitcoin Is More Difficult Than Ever. Here's How it Could Impact BTC Prices
The difficulty of mining bitcoin has reached an all-time high of 92.6 terahashes, increasing by over 10% since early July, which could strain miners' profitability due to higher operational costs. Increased mining difficulty might pressure mine...
Markets
Sep. 12, 2024
First Mover Americas: Bitcoin Tops $58K After U.S. Tech Stocks Rise
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 1,831.41 ...
Markets
Sep. 12, 2024
Bitcoin Could Hit $125K by Year-End if Trump Becomes President, $75K if Harris Triumphs: Standard Chartered
Bitcoin is going to break out to new highs by year-end irrespective of who wins the U.S. election, the report said. The bank said bitcoin could reach $125,000 if Trump wins and $75,000 if Harris triumphs. Standard Chartered said positive catal...
Markets
Sep. 12, 2024
Leverage in the Bitcoin Market Is Increasing Again
Renewed bias for leverage points to increased investor risk appetite. High-leverage liquidity in bitcoin is concentrated at around $58,500. Increased leverage indicates traders taking on more risk and a possible jump in price volatility. Lev...
Markets
Sep. 12, 2024
U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank
Fewer than 1% of U.S. consumers called crypto a fad, according to a Deutsche Bank survey. Only 18% of respondents said they expected stablecoins to thrive; 42% expected them to fade. Sentiment about bitcoin's outlook was not so positive, the s...