Author: CryptoGap

Bitcoin (BTC), which is correlated with the US presidential election, continues to rise in price as former President Donald Trump’s chances of winning increase. At this point, Bitcoin is pushing the critical level of $70,000, rising to $69,500 in the morning hours. “The $70,000 level represents a key psychological resistance point as Bitcoin is close to its all-time high,” Presto Research analyst Min Jung told The Block. Analysts say the US elections and Trump’s increasing chances of winning have a critical impact on the price, while FalconX research head David Lawant said that the increasing probability of former president Donald…

Northern Data AG is exploring the sale of its Peak Mining unit to refocus on artificial intelligence solutions. Northern Data, a German-listed crypto and artificial intelligence infrastructure company backed by stablecoin issuer Tether, announced on Monday that it is exploring the sale of its Peak Mining unit, a move aimed at solidifying the company’s position as a pure-play provider of AI solutions. In an Oct. 21 press release, the Frankfurt-headquartered company indicated that the potential sale of Peak Mining aligns with Northern Data’s strategy to focus on Europe’s largest Generative AI cloud platform and a portfolio of data centers. Northern…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple dips 1.19% while Solana surges 1.47%. Meanwhile, DTX Exchange’s bullish $0.08 beats the two with strong buying pressure and a fast-selling presale. Ripple (XRP) has recently experienced a slight decline, while Solana (SOL) is witnessing a smooth upward momentum. In the meantime, the DTX Exchange (DTX) has stolen the spotlight with its 50x altcoin potential. This hybrid exchange offers traders access to a wide range of trading instruments and up to 1,000x leverage in the volatile crypto market.…

Dogecoin (DOGE) supporter Tesla CEO Elon Musk has recently come to the fore with his support for Donald Trump. At this point, he attended Trump’s rallies in various places and most recently attended Trump’s rally in Pennsylvania. During this rally, a participant asked Elon Musk a question about Ripple (XRP). However, Musk did not make a statement of support for XRP as he did with DOGE, preferring to remain neutral on XRP. What Did Elon Musk Say About XRP? An attendee asked Musk about his opinion on whether XRP should be integrated into the global financial system in the future,…

The Indonesian Commodity Futures Trading Regulatory Agency has extended the deadline for crypto exchanges to meet the necessary requirements to get their Physical Crypto Asset Traders license as part of a revised government bill. In an Oct. 20 press release, the Indonesian Commodity Futures Trading Regulatory Agency — known locally as Bappebti — announced that the deadline for crypto exchanges to meet the requirements needed for a Physical Crypto Asset Traders license. Crypto exchanges have until the last week of Nov. 2024 to fulfill the registration requirements. The regulatory agency clarified that the extension only applies to crypto exchanges that…

Yuichiro Tamaki, leader of Japan’s Democratic People’s Party (DPP), has announced a bold policy proposal to cap taxes on cryptocurrency earnings at 20%. Japan’s DPP Leader Proposes 20% Tax Cap on Crypto Earnings Ahead of General Elections The promise comes as part of the party’s campaign ahead of the October 27 general election, where it hopes to gain traction among crypto-friendly voters. A Change from Current Tax Policy Japan’s current tax regime treats cryptocurrency earnings as miscellaneous income, which can lead to taxes of up to 55%. Tamaki’s proposal advocates for a flat 20% tax on crypto profits, bringing the…

Doge coin ($DOGE) has seen a resurgence over the last several days, with a 41% rise in price. Can $DOGE once again become the front runner for the memecoins, or will $PEPE and $WIF have something to say about it? $DOGE huge price swing in the last bull market In the last bull run $DOGE was a real star, rising 1,240% in the earlier stages, before going into its own bear market and experiencing a fall all the way back down to where it started by mid-2022. This year, the price rose to $0.22, fell back to $0.08, and has…

Binance Futures has announced that it will introduce the USDⓈ-Margined 1000CATUSDT Perpetual Contract offering traders up to 75x leverage at 15:30 UTC on October 21, 2024. Binance Futures to Launch 1000CATUSDT Perpetual Contract with 75x Leverage USDⓈ Collateral The new listing aims to enhance users’ trading experience and expand the range of futures products available on the platform. Basic Contract Features Maximum Leverage: 75x Initial Funding Rate: ±2.00% Funding Fee Settlement: Every four hours Launch Time: October 21, 15:30 The 1000CATUSDT contract will allow users to trade with high leverage with USDⓈ margin requirements. Binance noted that a Multi-Asset Mode…

Tezos (XTZ) and Chainlink (LINK) exhibit similar price and trading volume trends. Chainlink (LINK) shows promise but remains far from its 2021 peak. In this article, we discuss these interesting developments and more. Many projects are frequently released in the market, each offering unique solutions to common problems. Among them is Zig Network (ZIG), whose technological robustness and unique approach give it a rare competitive edge.  Tezos (XTZ) overturns the downward trend and records a 2% gain Tezos (XTZ) has risen 2% over the past month, moving from $0.68 to $0.70. It appeared to be on a downward trend until…

The leading cryptocurrency Bitcoin (BTC) continues to rise as the US presidential election approaches. At this point, eyes are turned to $ 70,000, while altcoins are also experiencing upward movement. However, there are some altcoins that left the market positive with their rise. One of them was Apecoin (APE). While Apecoin has increased by 100% in the last two days, it was stated that the latest rise was due to Yuga Labs’ introduction of ApeChain. At this point, the long-awaited ApeChain went live on Sunday and provided native staking returns to APE holders. ApeCoin (APE) experienced a major surge over…