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Tech Entrepreneur Suggests Mainstream Companies May Have Adopted NFT Loyalty Programs Prematurely XRP eyes breakout: Will THIS push the altcoin past $0.6533? Why the Naira is Appreciating and What Should We Expect? ‎Najran Cement, Arabian Cement record 52-week lows Bitcoin Hits New High As Investors Withdraw 7,500 BTC From Binance Amid Potential Market Shift Dogwifhat (WIF) ticks higher after Robinhood listing Judge Dismisses SEC Claims Against Binance, Cites Lack of Clarity in Crypto Securities Classification Plus Token Ponzi scheme wallets moved $63M ETH after years of inactivity Bitcoin breaks $87k; here’s what this analyst says about BTC price Miles Deutscher Urges Attention to Altcoins, Says Market Will Reach New Highs Soon

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Tech Entrepreneur Suggests Mainstream Companies May Have Adopted NFT Loyalty Programs Prematurely

According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have seized the opportunity prematurely. Otero argued that at the time, Web3 companies had not “even figured out the best ways to use NFTs in loyalty programs.” NFT-Based Loyalty Program Failures Tarnished Tech’s Reputation While their adoption of the technology signaled a positive development for the blockchain industry, the apparent failure of such loyalty programs has tarnished the reputation of NFTs, the Travala CEO argued. However, in his written answers to...

16.06.2024

XRP eyes breakout: Will THIS push the altcoin past $0.6533?

contributor Posted: November 11, 2024 | Last updated: November 12th, 2024 Share this article XRP is approaching the critical $0.6533 resistance, with bullish indicators suggesting a strong upward potential. Active addresses and transaction growth reinforced a positive sentiment for a breakout. Ripple [XRP] was rapidly approaching a crucial resistance level of $0.6533 at press time, sparking renewed optimism among traders and investors. Trading at $0.5849, with a 6.06% gain, XRP appeared ready to challenge this barrier. Could a successful breakout lead the cryptocurrency toward the next target of $0.7463, potentially ushering in a new phase of bullish momentum? Is XRP...

11.11.2024

Why the Naira is Appreciating and What Should We Expect?

The naira, Nigeria’s currency, has been steadily gaining strength in recent days. This surprising upward trend follows key economic actions, such as the Central Bank of Nigeria (CBN) introducing a new trading system and the successful sale of Eurobonds. But why is this happening, and how long will it last? Let’s explore the factors behind this appreciation and what it means for Nigeria’s economy. Why is the naira rising? Earlier this week, the naira appreciated significantly in the Nigerian Foreign Exchange Market (NFEM), moving from ₦1660/$1 on Monday to ₦1625/$1 on Tuesday, and further strengthening to ₦1608/$1 by Wednesday. This...

06.12.2024

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Tech Entrepreneur Suggests Mainstream Companies May Have Adopted NFT Loyalty Programs Prematurely

XRP eyes breakout: Will THIS push the altcoin past $0.6533?

Why the Naira is Appreciating and What Should We Expect?

‎Najran Cement, Arabian Cement record 52-week lows

Tadawul trading screen Shares of six Tadawul-listed firms, including Najran Cement Co. and Arabian Cement Co., in addition to units of Jadwa REIT Al Haramain Fund, hit their lowest levels in 52 weeks today, Aug. 8, data compiled by Argaam showed. Stocks/ Units at 52-Week Lows Company/Fund Price (SAR)* Performance in 52 Weeks Thimar 36.65 (50%) Americana** 2.62 (37%) Najran Cement 8.20 (37%) Arabian Cement 24.94 (33%) Saudi Printing 12.36 (29%) SIIG 18.26 (26%) Jadwa REIT Al Haramain** 5.77 (21%) *The lowest price during the session but not the current trading price. **The lowest since debut. For stock prices and...

Bitcoin Hits New High As Investors Withdraw 7,500 BTC From Binance Amid Potential Market Shift

Bitcoin surged to a new peak yesterday, but investor behavior suggests a cautious tone. Over 7,500 BTC were withdrawn from Binance, marking the year’s second-largest outflow from the exchange. This significant withdrawal hints that many investors may be shifting towards long-term holdings, reflecting growing confidence in Bitcoin’s future value. As Bitcoin’s rally continues, the you market is seeing notable developments with institutional funds as well. The seven largest Bitcoin ETFs collectively amassed $8.21 billion, the biggest single-day total since Bitcoin’s previous peak of $73.7K on March 14. This strong influx indicates heightened interest, but the polarization between buyers and sellers...

Dogwifhat (WIF) ticks higher after Robinhood listing

Robinhood lists Dogwifhat (WIF), expanding its meme coin offerings and market reach. Dogwifhat’s price surged 7.73%, stabilizing around $3.35 after the listing. Robinhood aims to capitalize on the meme coin trend, now including European users. Robinhood Crypto has added the Solana-based meme coin Dogwifhat (WIF) to its trading platform, expanding the reach of the popular canine-themed token. This listing follows Robinhood’s recent addition of Pepe, another meme coin, earlier in November, marking a trend of increased meme coin offerings on the platform. Dogwifhat price soars Upon the listing announcement, Dogwifhat experienced a brief surge in price, climbing by 7.73% to...

Judge Dismisses SEC Claims Against Binance, Cites Lack of Clarity in Crypto Securities Classification

Ripple’s legal victories offer a precedent that benefits Binance in its ongoing battle with the SEC. Judge criticises the SEC for not clearly distinguishing securities from non-securities, potentially easing Binance’s regulatory challenges. A Supreme Court decision may encourage Binance to contest SEC regulations more forcefully, with a potential for a more equitable regulatory environment. You win some, you lose some – that’s all too familiar to crypto-execs, just ask Ripple’s Brad Garlinghouse. Despite achieving some victories against the US Securities and Exchange Commission (SEC), the CEO and Ripple also incurred some unfortunate losses. One such win is the decision that...

Plus Token Ponzi scheme wallets moved $63M ETH after years of inactivity

Dogwifhat’s price surged 27% to a high of $1.77, driven by strong trading volumes. DTX token is currently priced at $0.04 in its second presale round and is expected to rise to $0.06 in the next round. DTX Exchange offers zero-commission trading and regulatory compliance for investors. The significant price surge of Dogwifhat (WIF) and the ongoing DTX token presale have captured the attention of crypto investors. Dogwifhat, a Solana-based meme coin, has seen a remarkable increase in its price amid a broader market recovery. Simultaneously, DTX Exchange’s token presale is drawing considerable interest with its innovative trading platform and...

Bitcoin breaks $87k; here’s what this analyst says about BTC price

Shiba Inu (SHIB) surges 67% in a week, nearing its all-time high (ATH). Whale trading, token burning, and growing interest drive SHIB’s bullish momentum. Vantard Meme Index Fund ($VTARD) offers exposure to top meme coins with minimal risk. As the crypto market surges on Donald Trump’s reelection, Shiba Inu (SHIB) is quickly soaring towards its all-time high (ATH), fueled by significant whale activity and growing investor confidence. At the same time, a new player in the meme coin space, the native token of a revolutionary Meme Index Fund (VMP), is generating buzz, with its promise of capturing the explosive returns...

Miles Deutscher Urges Attention to Altcoins, Says Market Will Reach New Highs Soon

Bitcoin’s recovery above US$65K signals a potential upcoming altcoin season, noted by Australian analyst Miles Deutscher. Deutscher attributes the recent market rally to decreased selling pressure and increasing buyer activity. He predicts altcoins could surpass a trillion-dollar market cap, emphasising strategic profit-taking. With Bitcoin seemingly out of the worst for now and flying past US$65K (AU$96.5K) after the recent crash, Australian analyst Miles Deutscher says it may be time for altcoin season soon. Related: Making Crypto Great Again: Trump Embraces Crypto as Central Theme For 2024 Campaign But first, what caused the recent market rally? According to Deutscher, it was...