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Showing posts from October, 2024

Alphabet Revenue up 15% as AI, Cloud Growth Has GOOGL Surging

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One of the strongest companies in the world is only getting stronger, as Alphabet has seen its revenue increase 15% based on AI and cloud-computing growth that has GOOGL stock price surging. Wednesday trading has seen the stock increase more than 6% in value on the heels of strong earnings data. The company had far exceeded projections and noted growth in its two most important areas. Although the price was down 1.7% by midday Thursday, it had still touched highs of $176 as it showcased its strength. Now, all eyes are on how this report sets the stock up for the eventual turning of the calendar year. Source: Search Engine Journal Also Read: Alphabet (GOOGL) Stock: Jim Cramer vs. Brian White – Who’s Right? Alphabet On the Up and Up After Strong Q3 Data In 2024, the stock market has shown a clear value of AI and cloud technology. With Nvidia (NVDA) up almost 200%, investors are betting on the continued growth in the space, with increased demand alongside it. The prevalence of those two s...

Next Cryptocurrency to Explode, October 31 — Ponke, PolySwarm, Kaia, Chintai

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The overall feeling in the market is surprisingly negative, and cryptocurrency prices have been fluctuating for a while, including Bitcoin (BTC). BTC has gone above $71K but still hasn’t closed in on its all-time high of 73,620k. Meanwhile, Ethereum (ETH) is currently striving to stabilize above $2,600. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performanc e of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it attracted over $1...

YouTuber Mr Beast Accused Of Profiting $23 Million From Dubious Crypto Deals

Jimmy Donaldson, known as Mr Beast, allegedly earned over $23 million through crypto token promotions and suspected pump-and-dump schemes, according to a new investigation. With over 324 million subscribers on YouTube, Donaldson reportedly used his influence to inflate token prices before selling, often leaving retail investors with losses, according to blockchain firm Loock.io and investigators including SomaXBT. MrBeast (@MrBeast), an influencer with 31.2M followers, has engaged in insider trading, misleading investors, and using his influence to pump tokens, only to dump them later. He has made over $23M in profits from various crypto projects: $11.45M from $SUPER $4.65M from $ERN… pic.twitter.com/gMtXVemCDE — Lookonchain (@lookonchain) October 30, 2024 Investigators Linked 50 Wallets To Mr Beast Network Investigators linked approximately 50 wallets to Donaldson’s network, citing major trades that profited from quick exits. For example, a wallet tied to Mr...

Trump's Election Impact: Bitcoin Price Predictions from Top Analysts

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Trump’s election impact looms large over Bitcoin’s price. BTC sits near its peak of $72,432. Market experts watch Trump’s past support for crypto during his presidency. Back then, Bitcoin rose from $1,000 to $20,000. His attacks on Biden’s crypto rules draw attention amid regulatory uncertainty and increasing market volatility. Analysts are keenly observing Trump’s election impact on this trend. Also Read: Top 3 Cryptocurrencies That You Should Watch In Q4 2024 How Trump’s Election Could Shape Bitcoin’s Future: Analyst Insights Source – CryptoSlate Market Sentiment and Election Dynamics “A Trump victory would likely provide a dopamine hit,” Swyftx lead analyst Pav Hundal told Cointelegraph. Bitcoin has gained 7.62% since October 23. It’s now just 2% below its highest price ever and some speculate this is due to Trump’s election impact. Hundal notes, “I’m not sure timing your trades matters too much in th...

Brazil Crypto Imports Up 60% Through September, Surpasses 2023 Total

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In what is a massive development for the industry, Brazil has seen its crypto imports increase a remarkable 60.7% through September. Moreover, that has seen the total et imports of digital assets surpass the entire 2023 total, according to central bank data. Brazil’s cryptocurrency market now stands as the 10th largest in the world, according to Chainalysis data. One of the key reasons for the increase has been an influx of stablecoin usage within the country. The US dollar-pegged digital asset accounted for almost 70% of all crypto-related transactions. JUST IN: Brazil's crypto imports rose 60.7% in the first nine months of 2024, surpassing the total for all of 2023. — Watcher.Guru (@WatcherGuru) October 29, 2024 Also Read: Circle Expands Access to USDC in Brazil and Mexico Brazil Crypto Usage Surges, as Total Imports Already Beat 2023 2024 has proven to be a massive year for cryptocurrencies. In the United States, the asset class has been front and center. Two crypto-base...

Xandeum confirms the October 29 XAND token launch and xandSOL liquid staking

Xandeum, Solana (SOL) based storage scaling project, has confirmed the upcoming XAND token launch and liquid staking program (LST), as reported to Finbold on Tuesday, October 29. Launching on October 29 at 16:00 UTC, the XAND token will empower members to earn rewards while engaging with the Xandeum’s ecosystem. Both centralized and decentralized exchanges (DEXs), such as Raydium and MEXC, have already expressed support for the token. Picks for you $119 billion VanEck predicts Bitcoin to hit $3m and become a global reserve asset 16 hours ago Bitcoin is ‘under Vampire attacks’ warns crypto analyst 18 hours ago Robinhood enters election trad...

Stripe acquires stablecoin platform Bridge for $1.1 billion

Stripe has closed a $1.1 billion acquisition of stablecoin firm Bridge The company re-established support for crypto payments in April, adding USDC on Ethereum, Solana, and Polygon in October 2024 Stripe has completed the acquisition of Bridge, a stablecoin platform that helps companies and businesses accept payments in stablecoins. According to TechCrunch founder Michael Arrington, Stripe’s deal for Bridge is valued at $1.1 billion and is the fintech company’s largest to date. The TechCrunch founder shared the news via X. Stripe’s acquisition of Bridge comes after reports of talks for a deal surfaced last week. This also comes after Stripe, which has recently increased its visibility in the crypto space with recent deals such as TaxJar and Lemon Squeezy, unveiled its latest crypto-focused feature. The ‘Pay with Crypto’ feature, which integrates Paxos, allows companies to add stablecoins to their checkout systems. It’s a s...

Trader Sees Incoming Breakout for Ethereum-Based Altcoin in Next Two Weeks, Updates Forecast on ETH and OP

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A widely followed crypto strategist believes that a decentralized oracle running on Ethereum (ETH) is gearing up for a big market reversal. Analyst Michaël van de Poppe tells his 733,600 followers on the social media platform X that he’s bullish on Chainlink (LINK). Van de Poppe predicts that LINK’s immediate resistance will crumble if the altcoin witnesses another upside move. “I believe that LINK will be breaking out in the next one to two weeks. Another test of $13 is going to be the trigger –> $18 next.” Source: Michaël van de Poppe/X At time of writing, LINK is trading for $10.96. Looking at Ethereum itself, Van de Poppe shares a chart suggesting that ETH will rally above $3,300 if it manages to breach a key resistance level. “ETH bounced upwards, and now the macroeconomic weeks are kicking in. The question is: are we going to see some upward momentum or will it retest $2,000? Testing $2,750 again = breakout....

Solana Price Prediction for Today, October 26 – SOL Technical Analysis

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The Solana price prediction could set a bullish run if the market can attempt to climb back above the resistance level of $170.40. Solana Prediction Statistics Data: Solana price now – $169.11 Solana market cap – $79.43 billion Solana circulating supply – 470.20 million Solana total supply – 587.26 million Solana Coinmarketcap ranking – #5 Early adopters often gain the most in the cryptocurrency world, and the journey of this token Solana (SOL) highlights why timing can be everything. When it first hit an all-time low of just $0.5052 on May 11, 2020, few could have imagined the remarkable rise that lay ahead. Fast forward, and this token has surged by a massive +33,245.08% since then, transforming initial investments significantly. Recently, in the last 24 hours, it has fluctuated between $160.04 and $177.00, reflecting the volatility typical of crypto assets. Though it’s currently trading -35.22% below its peak of $260.06 reached in November...

MooDeng Soars 144% As Flockerz Rockets Past $1M In Presale Funding, Offers A New Way To Earn Crypto

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Flockerz’s ($FLOCK) presale funds have now surpassed the $1 million mark in less than a month since launching its fundraising campaign. Dubbed the “People’s Meme Coin,” the project is the first to introduce a vote-to-earn (V2E) mechanism, which empowers its community to guide the project’s direction while earning rewards for their input. Flockerz is ready to elevate the crypto conversation by setting a new precedent for meme coins as, for the first time, investors can truly take control of their meme coins with Flockerz.  At $0.0058628 per token, this presents a prime entry point for investors to stack their bags for potential gains – echoing the recent moonshot of Moo Deng ($MOODENG), which soared by 144% over the past 24 hours or even beyond. Moo Deng (moodengsol.com) price today, MOODENG to USD live price, marketcap and chart | CoinMarketCap As the presale prepares to open its 17th funding round,...

SEC Can't Stop It: Ripple CEO Predicts Inevitable XRP ETF Approval

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Companies want to create an XRP ETF. Ripple CEO Brad Garlinghouse says SEC hurdles won’t stop it. After Bitcoin and Ethereum got ETFs, XRP could be next. Experts think it might happen by mid-2025. The market shows strong interest in new crypto investment options. Many investors are waiting for this big change in how they can buy XRP. Also Read: PayPal Holdings (PYPL): How Will Stock Perform After Q3 Earnings? Navigating SEC Hurdles: Ripple CEO’s Confidence in XRP ETF Approval Timeline and Applications Source: TradingView “It’s just inevitable. You’re going to see not just Bitcoin and ETH, you’re going to see an XRP ETF,” Garlinghouse stated during the Bloomberg TV interview. “I actually think the ETH ETF has done very well,” he added, looking at ETH’s success. Two companies, Bitwise and Canary Capital, have plans ready. They promise to keep investors’ money safe. More companies might join them soon. The race to launch t...