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Spot GOLD prices jumped by 0.3% to $2,043.80 per ounce by 0615 GMT. The rally represents the fourth consecutive day the yellow metal has seen a price increase. On Wednesday, bullion reached a two-week high of $2,055.89. However, US GOLD futures fell by 0.3% to $2,061.20. On the other hand, spot silver fell 0.2% to $22.88 per ounce. Meanwhile, platinum dropped 0.2% to $915.73, and palladium edged 0.1% lower to $975.56. Source: LSEG Also Read: Gold Price Surges Past $2025; Here is How High It Can Go in February . After a plummet in October, the yellow metal’s prices have gradually climbed over the past few months. Why is Gold going up? The recent rally is most likely due to expectations of the Federal Reserve to cut interest rates. However, the Fed has pushed back against the likelihood of a cut in March. Nonetheless, the central bank is confident inflation rates will come to the 2% target. According to Jigar Trivedi, an analyst at Reliance Securities, the Fe...

The cryptocurrency market is undergoing notable changes, highlighted by tokens displaying impressive performances and emerging as promising investment options. Altcoins like Sui and Chainlink have caught attention due to their substantial potential, providing diverse investment opportunities. Recognizing these market trends, this Analysis provides some of the top cryptocurrencies worth considering for investment in the market. Next Cryptocurrency To Explode Bittensor (TAO) is riding the positive market wave, standing out as one of the few cryptocurrencies on an upward trajectory. Meanwhile, Xai (XAI) has solidified its position as a prominent player in the GameFi sector. Additionally, Immutable has teamed up with Polygon to introduce the Immutable zkEVM mainnet during its pre-release phase. 1. Xai (XAI) Xai (XAI) has witnessed a substantial surge, positioning itself as a significant player in the GameFi sector. Following a recent airdrop, the token achieved a new all-time high, di...

Police in German have seized 50,000 bitcoin (BTC) worth over $2.1 billion.  The seizure relates to an investigation against two people who conducted a website piracy operation in 2013. In latest crypto news from Germany , police are reportedly in possession of 50,000 Bitcoin ( BTC ) seized in mid-January as part of an investigation into a website piracy operation. The value of the BTC is currently worth about $2.17 billion and the biggest ever crypto seizures in Germany, police said in a statement published on January 30. CoinDesk reported the story first. Suspect “voluntarily transferred” BTC to police wallets According to the police, the BTC seizure relates to an investigation around copyright infringements via a website established in 2013.  Law enforcement say an operation supported by the Federal Criminal Police Office (BKA), the FBI and a Munich forensic IT expert company, have been looking into the activities of the website th...

XRP community rallies behind introducing an automated market maker (AMM). This came amid the release of Rippled v2.0.1, bolstering validator confidence. Over 68% of XRPL validators have endorsed the AMM amendment. The journey toward introducing an automated market maker (AMM) to XRP’s blockchain is becoming more evident as more network validators have pledged to vote in favor of its implementation. In a recent post on X, Panos Mekras, co-founder of Anodos Finance, called attention to the release of Rippled version 2.0.1, XRPL’s server software. With the updates accompanying the new version release, Mekras expressed confidence that the arrival of the proposed AMM amendment on the XRP Ledger was now within closer reach than ever before. #XRPL server Version 2.0.1 has been released. It's time for validators to upgrade. AMM is coming. https://t.co/rx6AXjWbSe — Panos {X} (@panosmek) January 30, 2024 Besides, prominent XRP validators have p...

The Sheriff Network YouTube channel dives into the exciting journey of Sponge V1 and the eagerly awaited Sponge V2. The channel’s host actively explores the exciting developments within the meme coin space, sharing insights on how these tokens have evolved. Hottest meme coin to watch in 2024 In 2023, the craze for meme coins saw projects like Pepe and Sponge gaining a lot. Although it didn’t reach Pepe’s incredible rise, $SPONGE gave early buyers more than 40x their investment in just a few days. The project quickly became popular among fans of SpongeBob SquarePants. It was soon listed on various platforms like MEXC, Bitget, Gate.io, and more, after its first listing on Uniswap. However, it dropped after reaching its highest point, leaving investors expecting more. Now, the V2 version of the token is about to be introduced, grabbing traders’ attention once again. Ever since the Stake-to-Bridge was revealed, investors have pledged a substantial 6.3 billion $...

Ben Armstrong narrates the uniqueness of XRP in the crypto space compared to other cryptocurrencies. XRP does not try to replace Bitcoin or Ethereum, but rather the Swift system. The analyst points out XRP as a “wholesale reserve currency for banks.” In a recent video, Ben Armstrong, a leading voice in the crypto space, shared his perspectives on the substantial value of XRP. He elaborated on the uniqueness of Ripple’s token compared to the other leading cryptocurrencies, including Bitcoin, Ethereum, Cardano, Solana, BNB, and Dogecoin. The analyst began his video with a crucial statement, “XRP is different from other coins.” Starting with Bitcoin and Ethereum, he narrated that Bitcoin is considered the “standard for money,” while Ethereum is evolving as a “digital silver.” However, XRP has secured a unique place in the crypto ecosystem with its nuanced utilities. As a significant point, Armstrong noted that XRP doesn’t try to replace Bitcoin or Ethe...

Since the turn of the new year, the digital asset market has not been off to the greatest start. Despite landmark announcements taking place, the industry has not lived up to sky-high expectations issued at the tail end of 2023. Subsequently, despite the performance of Ripple thus far, we have 5 reasons why XRP could still surge in 2024. Over the last 30 days, Ripple has seen its XRP token fall more than 15% in value. Despite renewed hope in a turnaround over the next several weeks, its performance has certainly been lackluster. However,m we provide several signs as to why a turnaround may be in the cards. Moreover, we explain how it could lead to an explosion in value for the asset as we leave 2024’s first month. Growth in Global Partnerships Our partnership with @MFS_Africa enables streamlined, real-time mobile payments for customers across 35 African countries. 📱 Discover how our payments solution delivers fast, secure and low-cost remittances at scale. #ODL #Cryp...

Jan 29, 2024 at 10:00 // Price Author Coin Idol Altcoins are likely to return to their previous highs. The cryptocurrencies listed below are trading in the bullish trend zone. We will take a look at a few of these virtual currencies. Manta Network Manta Network (MANTA) is in an uptrend. The bullish momentum is on the rise. Buyers are driving the altcoin to retest its previous high of $6.29. Today, the altcoin is rising, reaching a high of $3.52 at the time of writing. Doji candlesticks are now limiting the price movement. However, the altcoin will face ...

Cheap tokens can be a smart choice for investors looking for good deals in crypto. Insidebitcoins regularly lists the best affordable cryptocurrencies priced under one dollar. It’s a great option for investors who want affordable options to enter the market. 7 Best Cheap Crypto to Buy Now Under 1 Dollar Pinpointing affordable and promising tokens prompts this curated list of the “7 Best Cheap Crypto to Buy Now Under 1 Dollar.” These tokens position themselves as the next game-changers for investors. In a quick switch to the crypto scene, crypto prices stage a comeback as Bitcoin surges 5% to conclude the week. 1. Rollbit Coin (RLB) FaZe Clan, an esports organization, has forged a significant partnership with the crypto platform Rollbit. RLB’s collaboration is a forward-thinking step in esports sponsorships. As such, Rollbit will sponsor FaZe’s Counter-Strike 2 team globally, highlighting the convergence of esports and cryptocurrency. Furthermore, thi...

As Sponge V2 approaches exchange listing, investors have the last chance for a 263% reward through early staking. Following the success of the original $SPONGE token, $SPONGEV2 aims to bring added functionality through a new play-to-earn (P2E) racing game and an integrated staking protocol. Sponge V1 made a splash in May 2023’s bear market, emerging as one of the year’s most talked-about meme coin launches. After the debut on Uniswap, $SPONGE experienced a remarkable 340% price surge within a week, fueled by the escalating excitement around the SpongeBob SquarePants-themed token. Peaking with a market cap surpassing $100 million, Sponge V1 attracted over 13,000 holders and yielded impressive returns for early investors. It secured listings on more than 10 centralized exchanges, including major platforms like OKX and Gate.io. Earning Sponge V2 Tokens in the Pre-launch Phase The Sponge V2 meme coin presents a distinctive investment prospect, particularly in the ongoing pr...

The Inverse Cramer Tracker ETF (SJIM) is reportedly shutting down, with the trading closing by February 13. SJIM’s sibling ETF, Long Cramer Tracker ETF, was shuttered in September 2023. The inverse fund lost almost 15% on a total return basis since its launch in March 2023. The Inverse Cramer Tracker ETF (SJIM), an ETF introduced by Tuttle Capital Management to track the recommendations of the Television personality Jim Cramer, is reportedly shutting down. The ETF, which created headlines in October 2022, is joining the path of its sibling ETF, Long Cramer Tracker ETF (LJIM), which was shuttered earlier. In October 2022, Matthew Tuttle, the Chief Executive Officer of Tuttle Capital Management, filed two ETF applications to bet against Jim Cramer’s stock recommendations. While LJIM was introduced for long-side betting on Cramer’s stock picks, SJIM was meant for short-side betting against the same. The prospectus read, The fund is an actively manag...

Discover Crypto host thinks XRP would rally 10x from its current levels in the next bull cycle. The host provided five reasons to back his prediction of a 10x XRP rally. According to the host, the upcoming Bitcoin halving would lead to a pump across the crypto market. The Discover Crypto YouTube channel’s host thinks XRP would rally 10x from its current levels in the next bull cycle. The host gave five reasons why XRP would achieve this target in a recently uploaded video. He also noted that the crypto coin’s current downtrend is ending. According to the Discover Crypto host, the upcoming settlement between Ripple and the U.S. Securities and Exchange Commission (SEC) would trigger an XRP rally. He described the SEC settlement as a “Black Cloud,” noting that investors don’t like uncertainties in the market. Hence, he believes getting the settlement out of the way would settle the nerves and allow investors free participation in the market. The host’s...