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#Crypto News

Latest Crypto News : Top 15

First Mover Americas: Bitcoin Slips to $42K From Last Week’s Yearly High

In the latest crypto news, Bitcoin dropped 3% to $42,400 after reaching $45,000, influenced by strong U.S. economic data and rising dollar value. Despite this, the cryptocurrency outlook remains positive, with expected quick recoveries. Goldman Sachs predicts an earlier Federal Reserve interest rate cut in Q3 2024. ARK Invest’s significant sale of Coinbase shares aligns with the rally in bitcoin’s value.

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Is It Too Late to Buy Terra? LUNA Price Sees 32% Increase in 30 Days as This Latest Meme Coin Shoots Toward $3 Million

The crypto market is in a bearish phase, with Bitcoin and Ethereum experiencing downturns. Bitcoin has fallen by 4.48% to approximately $41,970.73, and Ethereum by 5.43% to around $2,225.29. Terra (LUNA) also declined but shows a 32% monthly gain. Amidst this, Meme Kombat, a new play-to-earn game featuring meme coin characters, is gaining traction.

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Avalanche was ‘undervalued’ before posting 79% weekly gain — Analysts

In the latest crypto news, Avalanche (AVAX) has notably surged by 79% in a week, contrasting the broader crypto market’s decline. This growth is attributed to partnerships with major financial firms and a significant increase in trading volume. The network’s total value locked (TVL) also rose notably, highlighting Avalanche’s growing prominence in the altcoin sector.

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Ethereum Tests Crucial Support As $6.6 Million Liquidated Near $2,250! Will ETH Price Decline Again?

Bitcoin and Ethereum are facing downturns, with Ethereum testing critical support at $2,100 amid increased liquidations. Ethereum’s long positions have seen over $6.6 million liquidated, and Bitcoin’s over $15 million, indicating a possible further decline. Market sentiment remains bearish, but the $2,200 level is being defended as a potential new support. A break below $2,100 could lead to a sharper correction towards $1,900.

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Is It Too Late to Buy Terra? LUNA Price Sees 32% Increase in 30 Days as This Latest Meme Coin Shoots Toward $3 Million

The article on Cryptonews discusses Terra (LUNA), a cryptocurrency that has seen a significant increase in value recently. While most major cryptocurrencies are experiencing downturns, LUNA has achieved a 32% increase in the last month. The article explores whether it’s too late to invest in Terra and examines its market performance and potential future trends. Additionally, the article mentions a new meme coin, Meme Kombat, which is gaining traction in the market.

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Pixelmon CEO Confirms Launch of Token MON

Pixelmon is introducing its own cryptocurrency, MON, focusing on community engagement within its gaming ecosystem. Designed as more than a gaming token, MON aims to empower the intellectual property system of Pixelmon. The token will support the game’s Decentralized Autonomous Tribes (DATs) and incentivize asset owners, creators, and gamers. This move, strategized for a more inclusive ecosystem, follows Pixelmon’s recovery from a setback in its NFT release.

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BNB and GALA rising, investors eyeing SPCT for growth

In recent crypto developments, Binance Coin (BNB) faces potential impact from a legal case involving its former CEO. Gala Games’ new game, Eternal Paradox, has boosted the GALA token. Meanwhile, VC Spectra (SPCT) saw a significant presale surge. BNB’s price may reach $250.35 by year-end, GALA is expected to hit $0.045, and SPCT is forecasted to surpass $0.080. These events reflect the dynamic nature of the cryptocurrency market.

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Investors Eyeing Up Solana and Avalanche as Cash Flows Into Funds

CoinShares reports increased investment in crypto funds, with a focus on altcoins Solana and Avalanche, attracting $3 million and $2 million respectively. This trend reflects growing investor interest in these networks, spurred by endorsements from major companies like J.P. Morgan, Visa, and Shopify, and significant weekly trading gains for both cryptocurrencies.

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South Korea Pension Funds Buys Crypto

South Korea’s National Pension Service (NPS) has made a notable investment in Coinbase, buying shares worth $20 million. This strategic move by a government agency reflects a growing trend of traditional financial institutions exploring cryptocurrency. Despite criticism for potential volatility and regulatory uncertainties, this investment marks a significant shift in the acceptance and normalization of crypto investments by governmental entities

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Google Bard predicts Avalanche price for the start of 2024

In the latest crypto news, The crypto market is witnessing a major rally, with Bitcoin and Ethereum reaching highs not seen in over a year. Solana and Bonk have also surged significantly. Avalanche, benefiting from developments and partnerships with AWS and BLRD, has increased 276.88% since January. Investors are curious about its future potential.

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El Salvador’s Bitcoin ‘Volcano Bonds’ Approved for 2024 Launch

El Salvador, under President Bukele, is launching Bitcoin-backed ‘Volcano Bonds’ in 2024, aiming to tackle sovereign debt and develop ‘Bitcoin City’. This follows Bukele’s $120 million Bitcoin investment, which has recently turned profitable. The bonds will mark the start of Bitcoin-based capital markets, supported by a volcano-powered Bitcoin mining project.

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Creditcoin Price Surge By 262% After Upbit Announces It’s Listing on it’s Korean Won market

In the latest crypto news, Upbit, South Korea’s largest crypto exchange, will list CreditCoin (CTC) on December 12, 2023, causing its price to surge by 254.58% to $0.7301. CreditCoin offers a decentralized credit transaction platform, and Upbit will support CTC/BTC trading. The listing has significantly boosted CreditCoin’s market capitalization to $225 million.

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Cardano solid as Shibarium processes 82m transactions, Everlodge merging AI and real estate

Cardano (ADA) has risen 45% in a month, with analysts predicting further growth towards $1. Meanwhile, Shiba Inu (SHIB) remains bullish as the second-most-popular meme coin. The spotlight is on Everlodge (ELDG), introducing AI-driven real estate investment through fractional NFTs. Everlodge’s presale success, with a 170% increase, suggests growing investor interest in this innovative approach.

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