Press Releases
Trader Turns $296 Into $620,000 in Four Hours with Memecoin Windfall
- CryptoGlobe Writer
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- 21 Oct 2024
A cryptocurrency trader who had been meticulously tracking and investing in memecoins has hit a jackpot, turning a modest initial investment of $296 into a staggering $620,000 in just four hours with a newly launched cryptocurrency. The trader’s lucky break came with the newly minted SLOP memecoin, as according to on-chain analytics platform Lookonchain, the […]
Crypto Economy Will Grow to $100 Trillion ‘Over the Next 10 Years’, Predicts Real Vision CEO
- Siamak Masnavi
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- 21 Oct 2024
Recently, Raoul Pal, Co-Founder and CEO of financial education platform Real Vision, shared his thoughts on how the growing convergence of AI and blockchain could reshape society and the economy. In an X post on October 19, Pal suggested that as AI increasingly takes over traditional tasks, people may turn to speculation on cultural communities […]
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Markets
Bitcoin Analyst Foresees ‘Explosive Rally’ to $130K Based on This Rare ‘Buy’ Signal
- CryptoGlobe Writer
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- 24 Jul 2024
On 24 July 2024, popular pseudonymous crypto analyst “Mikybull Crypto” shared insights on Bitcoin (BTC) via posts on X (formerly Twitter). He explained some technical indicators and predicted potential price movements, making it accessible for those unfamiliar with advanced trading concepts. In his first post, the analyst shared a chart showing Bitcoin’s price along with […]
Editor's Picks
Bitcoin’s Rising Value Enriches Early Adopters at the Expense of Everyone Else: ECB Paper
- Siamak Masnavi
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- 20 Oct 2024
Dr. Ulrich Bindseil, Director General for Market Infrastructure and Payments at the European Central Bank (ECB), and Dr. Jürgen Schaaf, advisor to the same division, recently published a paper titled “The Distributional Consequences of Bitcoin.” In this paper, the authors analyze how Bitcoin’s rising value impacts wealth distribution and argue that it disproportionately benefits early […]
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