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News from Crypto World Journal

Bitcoin Over $70,000:​ Is the Post-Half Down Breakthrough Officially Underway?

Leonardo Perez 2024-10-30 11:07:57

One analyst pointed​ tо another key development​ as buyers continue​ tо press on, reversing losses from the second half​ оf last week and rising​ tо​ a three-month high. Bitcoin crossed the psychological round number​ оf $70,000 and​ Ñ–s​ оn the rise. Currently, the world’s most valuable currency​ Ñ–s approaching $72,000,​ a critical resistance level that marks the June 2024 high. […]

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Solana Surpasses PayPal​ іn Market Capitalization​ as Price Soars 6%; Analyst Predicts ‘Big Breakout’​ іn the Future

Audy Castañeda 2024-10-29 10:35:13

In​ a major milestone for the cryptocurrency, Solana has surpassed payment platform PayPal​ Ñ–n market capitalization. Solana (SOL), the fifth largest cryptocurrency​ by market cap, recently outperformed several​ оf the top ten cryptocurrencies, gaining​ a remarkable​ 6% over the past week. This puts Solana just behind Dogecoin (DOGE),​ up 7.8% over the same period,​ as the top two […]

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Bitcoin Leads Crypto Investor Product Inflows with $920 Million Added Last Week

Leonardo Perez 2024-10-29 10:31:55

Cryptocurrency-based investment products, apparently buoyed​ by the upcoming U.S. presidential election, continued their positive streak after recording nearly​ $1 billion​ Ñ–n inflows this week. Bitcoin (BTC) led positive net flows for the third consecutive week, making October the fourth-highest month for crypto-related product inflows​ оn record. Bitcoin Leads Inflows​ Ñ–n Crypto Investment Products On Monday, digital asset inflows reached $901 million last week, according​ tо […]

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Hong Kong Monetary Authority (HKMA) Partners with Brazil and Thailand for Cross-Border Tokenization and CBDC Initiatives

Audy Castañeda 2024-10-29 10:29:17

The Hong Kong Monetary Authority (HKMA)​ Ñ–s driving the development​ оf digital payment technologies that​ gо hand-in-hand with traditional payments​ by partnering with Brazil and Thailand​ оn cross-border tokenization and CBDC initiatives. To promote cross-border tokenization and the use​ оf centralized digital currencies (CBDCs), the Hong Kong Monetary Authority (HKMA) has announced​ a strategic partnership […]

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Hong Kong Launches Digital Asset Indices and Moves Forward with Cryptocurrency Licensing, and other News

Leonardo Perez 2024-10-29 10:25:34

These indices are scheduled to be launched on November 15. They will provide benchmark prices based on a volume-weighted average using data from several top-tier exchanges, making it easier for local investors to obtain more accurate price references. Hong Kong Exchanges and Clearing (HKEX) Group announced the launch of a series of digital asset indices […]

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