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Next Cryptocurrency to Explode, October 17 — Humans.ai, XRP, FTX Token, Virtuals Protocol

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The overall feeling in the market is beginning to look positive. Recently, Bitcoin (BTC) finally rose above $67K and could return to its all-time high of 73K. Meanwhile, Ethereum (ETH) has surpassed $2,600 and may reach 3K if the market stays bullish. Determining the next cryptocurrency to explode might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies that have a lot of growth potential, especially during the Uptober bull run. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Memebet Token. This new Telegram-based betting platform allows users to bet using meme coins for the first time, generating excitement among crypto enthusiasts. The details of its pres
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The Rise of Decentralized Derivatives Markets

The Rise of Decentralized Derivatives Markets! The world of finance is undergoing a seismic shift, driven by the emergence of decentralized finance (DeFi). One of the most promising areas within DeFi is the development of decentralized derivatives markets. These markets offer a new paradigm for trading financial instruments, promising greater efficiency, transparency, and accessibility. Understanding Decentralized Derivatives Derivatives are financial contracts that derive their value from an underlying asset, such as a stock, commodity, or cryptocurrency. Traditional derivatives markets are centralized, meaning they are controlled by intermediaries like banks and exchanges. Decentralized derivatives markets, on the other hand, operate on blockchain technology, eliminating the need for intermediaries. Key Benefits of Decentralized Derivatives Increased Efficiency Decentralized derivatives markets can streamline the trading process by automating many tasks and reducing settlement times
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Shiba Inu: AI Predicts SHIB To Rally Over 100% Very Soon

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Shiba Inu (SHIB) seems to be recovering from its slump. The dog-themed cryptocurrency is up by 1% in the daily charts, 4.6% in the weekly charts, 10% in the 14-day charts, 38% over the previous month, and nearly 160% since October 2023. Source: CoinGecko Also Read: Who Will Attend BRICS Summit 2024? Key Leaders Confirmed Why Is Shiba Inu Rallying? Source – Token Metrics SHIB’s resurgence could be due to Bitcoin (BTC) reclaiming the $67,000 level and the global market cap rising to $2.42 trillion. October has historically been a bullish month for the crypto industry, and the current market trajectory follows this historical trend. Also Read: Amazon Inks New AI Partnership: AMZN Set for October Surge? The market rally, including SHIB’s, could also be due to the US elections inching closer. Many anticipate Donald Trump to return to the White House after a four-year absence. A Trump victory could lead to a market-wide rally for the cryptocurrency industry. Investors may be taking positions
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Turbo Price Pumps To $0.01, Nears $1B Market Cap - Best Meme Coin To Buy Now?

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Once again in the headlines is Turbo, with its growing community and another exciting pump. With a sudden surge in value, the TURBO token is trending across social media platforms, and analysts everywhere seem to be talking about it. But does this recent pump make it the best memecoin to buy right now? Let us go over the project and its recent updates to find out. Will There Be Another Pump? Turbo is easily one of the best performers this year, having recorded growth of more than 11,000% since January. However, this wasn’t the case early in the year, when it had hit a state of stagnation.  The token began gaining traction around May when its price saw its first significant rise, breaking the $0.005 mark after months of stagnation. This surge coincided with increasing bullish sentiments across the crypto space, as Bitcoin, too, was starting to recover from its price dump at the time. As Turbo approached its first all-time high in mid-May, investors witnessed both excitemen
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Binance publishes a major overview of global stablecoin regulation

Binance, the leading cryptocurrency platform, has released an overview of global stablecoin regulation, as revealed to Finbold on Tuesday, October 15. The current state of stablecoin regulation  Meant to maintain stable value by being pegged to traditional currencies and assets, stablecoins are gaining traction worldwide.  Consequently, regulatory landscapes are evolving rapidly across major jurisdictions such as the US, EU, Singapore, and Dubai, which seek to ensure both innovation and consumer protection.  Picks for you World's largest asset manager BlackRock holds $24 billion in Bitcoin 2 hours ago SingularityDAO, Cogito Finance, and SelfKey merge tokens to drive AI finance 2 hours ago
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Ethena Price Prediction: ENA Pumps 9% As Ethena Labs Mulls SOL USDe Collateral, But Investors Flock To This Meme Coin With A 2,466% Staking APY

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The Ethena price surged 9% in the last 24 hours to trade at $0.411 as of 00:24 a.m. EST on trading volume that rose 3% to $417 million. This comes as Ethena Labs, the entity behind the synthetic stablecoin USDe, has proposed adding Solana to the Stablecoin’s collateral mix. If Ethena’s independent Risk Committee approves the proposal, the platform will gradually introduce SOL as a collateral asset for USDe. Ethena Price To Continue Soaring – Sentiment Supported By Main Indicators In October, the price of Ethena plunged through a correction from the $0.35 resistance down to the $0.26 support and then back to the resistance zone, forming a rounding bottom pattern. A slight retrace back to the $0.32 support completed a cup and handle pattern, according to data from GeckoTerminal . The pattern allowed the bulls to push the price of Ethena through a parabolic surge in the last two days, which is reflected in the sharp rise from the $0.30 level to the current price of $0.41. This sugge
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Book Of Meme Price Prediction: BOME Soars 23% As Pepe Unchained Rockets Past $19.4 Million In Presale

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The Book Of Meme price has soared 23% in the last 24 hours to trade at 0.008876 as of 3:30 a.m. EST fueled by a 161% surge in trading volume to $845 million. Book Of Meme Price Breaks Above The Rounded Bottom The BOME/USD price chart shows clear signs of a bullish breakout, highlighted by the formation of a rounded bottom pattern, strongly indicating a potential trend reversal from bearish to bullish. The price has successfully broken above the neckline, which is positioned at $0.009045, confirming the breakout and signaling a possible continuation of the upward trend. The Simple moving average, the 50-day SMA, is currently at $0.00673225, while the 200-day SMA is slightly lower at $0.00669797. A potential SMA crossover is on the horizon, where the 50-day SMA might cross above the 200-day SMA, forming what is known as a golden cross, a powerful bullish signal that points to sustained upward momentum. BOMEUSD Analysis Source: Dextools.io The MACD indicator also supports
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Asia's weekly TOP10 crypto news (Oct 7 to Oct 13)

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1. Lan Foan: Plans to Significantly Increase Debt Ceiling to Aid in Local Debt Resolution link On October 12, Chinese Minister of Finance, Lan Foan, announced during a press conference at the State Council Information Office that the government plans to significantly raise debt limits in a one-time adjustment to restructure local governments’ hidden debts, enhancing efforts to mitigate their financial risks. These policies, pending the completion of legal procedures, represent the most extensive debt relief measures introduced in recent years. The initiative will greatly ease the financial burdens on local governments, freeing up more resources to support economic development. In addition to accelerating the implementation of existing policies, the Ministry of Finance will introduce a package of targeted incremental measures aimed at stabilizing growth, expanding domestic demand, and mitigating risks in the near future. Special government bonds will be issued to bolster the capital of
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