Posts

Showing posts from October, 2024

Tether increases its Bitcoin and gold holdings to $4.8B and $5B respectively

Tether (USDT) circulation surged to $120B, marking a 30% increase in 2024. Tether’s Bitcoin and gold holdings increased to $4.8B and $5B, respectively. Tether’s net equity doubled to $14.2B, while it faces ongoing legal challenges. Tether has announced a substantial increase in its Bitcoin and gold reserves, as detailed in its latest Q3 2024 Consolidated Financials Figures and Reserves Report. Tether’s Bitcoin holdings have reached an impressive $4.8 billion, while its gold reserves now stand at $5 billion, reflecting the company’s strategy to bolster its asset base amid rising global demand for its stablecoin, USDT. Circulation of USDT increases by 30% This quarter has been particularly notable for Tether, as the circulation of USDT has soared to a record $120 billion, marking a 30% increase in 2024. This surge adds $27.8 billion year-to-date and positions Tether’s market cap close to that of its competitor, Circle’s US...

Suilend unveils SpringSui, a new framework for liquid staking tokens

Suilend, a leading decentralized finance (DeFi) lending and borrowing platform, has launched SpringSui, a new framework for liquid staking tokens (LSTs) on the Sui (SUI) blockchain, as detailed to Finbold on Wednesday, October 31.  The release also marks the launch of Spring SUI (sSUI), the first liquid staking token designed to encourage participation and increase liquidity of the Sui network. More Sui protocol upgrades SpringSui builds on recent SIP-31 and SIP-33 Sui protocol upgrades, enabling the new token standard to accelerate LST growth.  Picks for you 'Rich Dad' Robert Kiyosaki explains his big bet on Bitcoin 44 mins ago Bybit’s trading platform in Kazakhstan launches with full AFSA approval  ...

Trending Meme Coins To Invest In Today, October 30 – Fwog, Milady, Non Playable Coin

Image
The shift towards trending meme coins isn’t just hype—it’s changing the digital market sector. Leading platforms, like The Open Network (TON), are even launching initiatives to support the meme coin ecosystem, driving both credibility and excitement among retail investors. So, what makes these coins so profitable, and which ones could be worth your investment? In this article, we’ll uncover today’s most promising meme coins poised for growth. As institutional support rises and retail interest surges, now might be the moment to dive into meme coins. Could your next big investment be hidden in this playful yet profitable market? Let’s find out. Trending Meme Coins To Invest In Today Non Playable Coin offers a unique NFT integration with its fungible token model, allowing users to convert tokens into NFTs seamlessly. Fwog roared back to life today with a 200% trading activity increase; its 24-hour increase has surpassed the predicted 30% today. Also...

Revealing the Extradited Criminal Zhang Yufa of MBI: From Malaysia to Hong Kong, Multi-Billion-Dollar Ponzi Scheme Fraud

Image
Author: Yu Yezi Original Link: https://www.panewslab.com/zh/sqarticledetails/4je9qex2.html Throughout history, acts of fraud motivated by greed have always been despised, but the person we are discussing today is far beyond the ordinary: He scammed 2 million Chinese people, with the amount defrauded reaching a staggering 500 billion yuan. The word "evil" is insufficient to describe Zhang Yufa. Who is Zhang Yufa? In October 2019, on the streets of Kuala Lumpur, Malaysia, over 100 Chinese people knelt in unison, weeping and begging the Malaysian government to intervene on their behalf, which quickly went viral online. Why did these Chinese citizens go to Malaysia to seek help from the government? It turns out they all shared a common identity—they were victims of the MBI Ponzi scheme involving virtual currency. When this group reached the MBI headquarters in Kuala Lumpur, they found it completely abandoned, with no way to recover their losses. With their money vanished and all ...

Pepe Coin: How High Can PEPE Surge In November 2024?

Image
Prominent meme coin PEPE had been going through a rough patch before today. The asset witnessed a revival in trend as the Bitcoin-led rally brought in notable gains for the rest of the market. Can this reasonably new meme coin bank on this momentum and reclaim its all-time high in November 2024? Also Read: Is Aqua Doge the Next Big Meme Coin? Presale Makes Over $200k First Day How Is PEPE Faring Right Now? At press time, the meme coin was trading at $0.000009554 following a 7% spike over the past 24 hours. The asset is currently 43% below its peak of $0.00001718. PEPE attained this high about five months ago, in May 2024. Source Amidst this, the PEPE network’s trading volume witnessed a 54% spike. The asset’s volume is currently at $790.8 million. This comes after a major downfall in these metrics earlier this week. There has been a significant medium-term reduction in demand for PEPE, as seen by the 35% drop in just one week and the considerable 60% drop in just one month. ...

Dogecoin Price Prediction: DOGE Pumps 15% As This New PEPE Upgrade Soars Past $23 Million In Presale

Image
The Dogecoin price pumped 15% in the last 24 hours to trade at $0.1646 as of 3 a.m. EST on trading volume that skyrocketed 145% to $3.76 billion. Dogecoin Price Prediction After surging to $0.168 a few hours ago, the Dogecoin price corrected slightly to the current price of $0.1646. However, the big question is where will its price go from here? The coin’s technical indicators suggest that the Dogecoin price might yet have an additional chance to grow, but at the same time, there is a certain level of hesitation from investors and traders. This can be seen from the fact that the project’s Bollinger bands have narrowed in the past several hours after being much wider during yesterday’s surge. This suggests that the bullish wave may have been cut short, although it doesn’t necessarily mean that the project’s price is about to crash. The price fluctuated between the lower band and the middle point between the two bands for several hours, but now, it is see...

Is It Too Late To Buy DOGE? Department Of Government Efficiency Price Soars 46% After Elon Musk Comments And This Might Be The Next Crypto To Explode

Image
The Department of Government Efficiency price soared 46% in the last 24 hours to trade at $0.04775 as of 06:41 a.m. EST on trading volume that skyrocketed 101% to $8.4 million. This comes after Elon Musk said that Donald Trump’s government could save at least $2 trillion if he is elected and Musk heads a Department of Government Efficiency (DOGE).  “Your money is being wasted, and the Department Of Government Efficiency is going to fix that,” Musk said. Trump has previously said that he’d put Musk in charge of a Department Of Government Efficiency (DOGE) if he is elected. Dogecoin (DOGE) and Department of Government Efficiency (DOGE) have often spiked after comments by Musk. Department Of Government Efficiency Price Could Continue Soaring The Department Of Government Efficiency price has been on a decline since October 21, as the bears took control of the price within the $0.051 resistance to the $0.025 support zone, according to data from GeckoTermina...

Pepe: How To Become A Millionaire With PEPE In 2025?

Image
PEPE has displayed an incredible performance since its launch in April 2023. The asset has quickly climbed the top 100 projects by market cap chart and currently occupies the 29th spot. The frog-themed meme cryptocurrency has experienced a significant correction over the last few days, dipping 2.7% in the daily charts, 16.9% in the weekly charts, 13.4% in the 14-day charts, and 21.8% over the previous month. Despite the dip, the asset has been up by 630.4% since late October 2023. Let’s find out how to become a millionaire with PEPE in 2025. Also Read: How to Buy Crypto with Absa? How Can You Become A Millionaire With PEPE Next Year? Source: CoinGecko Price Predictions and Potential Gains According to Telegaon, the memecoin could trade at a maximum price of $0.0000413 next year. To have a million dollars worth of PEPE at $0.0000413 per coin, you will need about 24,213,075,060.5 coins (24.21 billion). The price of 21.21 billion coins right now is about $214,213.07. Your portfolio...