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Despite its stance against crypto, China still controls 55% of the Bitcoin mining network even though it has a ban on the asset. Indeed, the country is a key player in BTC mining despite the restriction that was imposed on the asset class more than three years ago. The country maintains control over more than half of the entire global network, according to CryptoQuant CEO Ki Young Ju. In a post to X (formerly Twitter), he discussed the dominance of the industry shifting from the United States. Moreover, he discusses how it has transferred to the Eastern Asian nation. Source: newsbtc.com Also Read: Trump Says US Will be Bitcoin Mining Hub If He’s Re-Elected China Controls 55% of Bitcoin Hashrate Despite Ban as US Lags Behind Amid his bid for reelection in 2024, former President Donald Trump has placed a spotlight on crypto. Specifically, he has consistently expressed his desire for the United States to remain the top player in the developing asset class. Although those hopes are possibl...

Chainlink (LINK) has drawn attention due to its regular token unlock events. Despite a recent increase in circulating supply from the 18.75 million LINK tokens unlocked (worth $215 million), on-chain data suggests the possibility of a price rally. History shows that LINK has often seen upward momentum after unlocks, with seven out of the last eight events resulting in gains. LINK Key Statistics  Current Price: $11.3 Market Cap: $7.09 billion Trading Volume (24h): $216.51 million Circulating Supply: 626.85 million LINK Total Supply: 1 billion LINK CoinMarketCap Ranking: #14 Chainlink is currently trading 10.62% below its highest price in the last 30 days and 3.48% below its 7-day high. However, it has gained 21.28% from its monthly low and 9.78% from its 7-day low, reflecting an overall positive trend. LINK/USD Market Analysis  Key Levels  Resistance: $12, $14, $16 Support: $10, $9, $8 LINKUSD – Daily Chart The LINK/USD chart shows the price...

As the anticipated bull run draws nearer, investors are actively expanding their portfolios. However, major altcoins are currently experiencing a decline, delaying the bull run. In contrast, top meme coins are showing promising upward trends to post high ROI.  Insidebitcoins has curated a selection of these promising coins. Our comprehensive Analysis examines their tokenomics, use cases, partnerships, and other critical Features . These factors contribute to their appeal as attractive investment opportunities. Top Meme Coins to Buy Now Meanwhile, Our top meme coins today have displayed impressive price movements to secure their spots on today’s list. Gorilla has announced the launch of a Beta game called Banana Runner. This move has seen the token’s price respond positively, soaring 30% in 24 hours.  Meanwhile, Crypto Doggy comes closely behind, rising by 5% because of its widespread adoption. Also, the Crypto All-Stars project continues to gain momentum aft...

The SEC has officially approved options for BlackRock’s iShares Spot Bitcoin ETF. Options are contracts that grant the right to buy or sell an underlying asset at a certain price. The move is a major one for BlackRock’s clients that already participate in the iShares Bitcoin trust. JUST IN: SEC approves options for BlackRock's spot #Bitcoin ETF. — Watcher.Guru (@WatcherGuru) September 20, 2024 Options are critical for institutional adoption of Bitcoin, especially with the highly volatile crypto ETFs. Since their launch in January 2024, Bitcoin ETFs have performed extremely well, with BlackRock and Grayscale’s ETFs leading the pack. In March 2024, the success of Bitcoin ETF and large streams of inflows brought BTC to a new all-time high of $73,000. Options could also arrive for Spot Ethereum ETFs. Last month , Nasdaq and BlackRock filed to add options to their ETH fund. However, that deadline is much further away. If approval is granted, it wouldn’t be until Apr...

In a move that continues to fortify Michael Saylor’s commitment to the leading crypto, MicroStrategy has raised $1 billion to buy more Bitcoin. Indeed, the software technology firm released a press release Friday announcing the completion of 0.625% convertible senior notes due in 2028. The move comes after the firm purchased an additional 18,300 BTC a week from today. The purchase brings the total value of the company’s Bitcoin holdings beyond the $9.45 billion mark. Moreover, its recent move to sure up even more capital to acquire the asset will bring that total even higher. JUST IN: Michael Saylor's MicroStrategy raises $1 billion to purchase more #Bitcoin. — Watcher.Guru (@WatcherGuru) September 20, 2024 Also Read: Bitcoin: Michael Saylor Says BTC Will Eventually Reach $13M Saylor’s MicroStrategy Secures $1B to Add to 244,800 BTC Stash 2024 has proven to be massive for Bitcoin. Despite the asset’s notable decline just a year ago, it has returned to form ...

Top meme coins are gaining traction as the crypto market heats up. Are you ready to earn some profits? We are! With Bitcoin surpassing $62,000, altcoins are getting ready for some potential gains. Let’s explore some of the most promising meme coins that could deliver 2x returns for investors seeking altseason picks. Also Read: Gold Prices Hit Record Highs After Feds Cuts 50 Bps Discover the Best Meme Coins for 2x Gains and Secure Your Investment The meme coin segment’s market cap has reached $40.38 billion, with a 3.91% increase in 24 hours. While established meme coins like Dogecoin and Shiba Inu are seeing 3-7% gains, emerging tokens are showing 15-20% jumps. Here are three must-buy meme coins for potential 2x gains: 1. PopCat (POPCAT) – Riding the Triangle Breakout PopCat has seen a 78% surge in the past 11 days, breaking out of a triangle pattern. The 50-day EMA shows a bullish trend, with the price surpassing the 78.60% Fibonacci level. Analysts predict PopCat cou...

The Saga price surged 26% in the last 24 hours to trade at $2.37 as of 04:18 a.m. EST on trading volume that rose 31% to $252 million. This comes amid the announcement of the Solana Seeker smartphone, which reflects the growing interest in this crypto-related technology. The Seeker, set to be released in 2025, has already garnered over 140,000 pre-orders, highlighting strong demand.  2/ So, what is Seeker? It’s the definitive web3 mobile device, designed to harmonize hardware & software. Lighter, brighter, with a better camera & longer battery at a more accessible price. At its heart is the Seed Vault, designed for top-tier security — and it’s evolving. pic.twitter.com/xv4bGBfgCu — Seeker | Solana Mobile (@solanamobile) September 19, 2024 During a promotional window, Solana priced the Seeker at $450, making it significantly lower than its predecessor, the Solana Saga, which originally launched at $999 and was later discounted to $599​...

ADA, Cardano’s native token and a competitor to Ethereum, is predicted to stage a comeback in the cryptocurrency market, potentially reclaiming its position among the top 10 by market capitalization. Dan Gambardello, a crypto analyst and Cardano supporter, has forecasted that the altcoin could reach $0.55 as a bullish trend develops. Meanwhile, experts believe XRP is at a crucial juncture, indicating the possibility of a significant price movement. They noted that XRP has been consolidating within a symmetrical triangle pattern on its long-term chart for nearly seven years. Furthermore, Pepe may be preparing for a bullish surge, with recent price movements suggesting a higher low has been established, as analyzed by Plazma. Tokens on the Polygon chain are also rising in today’s trading session. This article curates the most trending cryptocurrencies on Polygon. Most Trending Cryptocurrencies on Polygon Argocoin plays a key role in the Devolved AI ecosystem by driving inc...