July 2024 – Page 4 – Coins Cap News
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VanEck CEO Owns ‘Way Over 30%’ In Bitcoin, Asset Manager Sees $2.9M Price By 2050

Bitcoin News

During the 2024 Bitcoin Conference in Nashville, Tennessee, Jan van Eck, CEO of global asset manager and Bitcoin exchange-traded fund (ETF) issuer VanEck, made headlines with his revealing comments about his personal Bitcoin holdings. Van Eck Reveals Personal BTC Holdings During his appearance at the conference, Van Eck began by sharing his perspective on Bitcoin’s…

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Polygon Ecosystem On Fire: Daily Active Addresses And Transactions Soar, MATIC Gains 5%

Polygon

Layer 2 scaling solution Polygon has maintained strong network activity even as the broader cryptocurrency market and its native token, MATIC, experienced a downturn in the second quarter of 2024, according to a new report from market intelligence platform Messari. Polygon Weathers Crypto Market Downturn While MATIC saw a 44.3% drop in its circulating market…

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Ethereum Open Interest Rises By $1.5 Billion – What This Means

Ethereum

Ethereum (ETH) recorded a significant loss in price this week following the trading debut of Ethereum spot ETFs. According to data from CoinMarketCap, ETH has declined by 6.60% in the last seven days, falling as low as $3,100. However, amidst this price crash, CryptoQuant analyst burakkesmeci has made an important observation with a potential impact…

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Analyst Predicts Solana Rise To $1,400 As Similarities With July 2021 Emerge

Cryptocurrency Market News

Crypto analyst Ali Martinez has identified similarities between Solana’s current price action and the 2021 bull run. Based on his analysis, Solana (SOL) could rise above $1,000 if it mirrors its move from 2021.  Solana Could Rise To As High As $1,400 Martinez predicted that Solana could rise to as high as $1,400, revealing that…

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This Bitcoin Mining Giant Just Spent $100 Million To Buy BTC

Bitcoin

Bitcoin mining behemoth, BTC’s previous price drops, underscoring the mining giant’s confidence in the long term potential of the pioneer cryptocurrency.  MARA Buys $100 Million Worth Of BTC In a Bitcoin investment marks a significant increase in MARA’s already impressive Bitcoin holdings.  MARA’s latest BTC acquisition has brought its balance sheet BTC’s maximum supply of…

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MANA Soars As Market Optimism Returns, Next Stop $0.3713 Level

Mana

The current price action of Decentraland (MANA) indicates that market optimism is on the rise as the digital currency regains its bullish momentum, with the price now targeting the key resistance level of $0.3713. This recent surge in MANA’s price occurred following a price rejection at $0.3099, marked by the formation of a hammer candlestick…

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Cardano Recovery Imminent? Whales Make Their Move With 17 Billion ADA

Cardano

Cardano is at a significant milestone with the impending Chang hard fork. This pivotal moment follows the recent upgrade of its node validation software before the upgrade goes live. As the Cardano ecosystem gears up for this major update, the network is experiencing a surge in activity that could determine its trajectory in the coming…

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Last Week’s Crypto Inflows Surge to $1.35 Billion: Which Digital Asset Led the Charge?

Cryptocurrency Market News

The global crypto investment market has witnessed a significant influx of capital, with recent reports indicating a continued positive trend in inflows. According to the latest data from CoinShares, digital asset investment products have seen an additional $1.35 billion in net inflows last week. This recent injection of funds has brought the total for the…

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