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Latest coverage curated from CoinOtag

Cryptocurrency news platform covering market trends, blockchain technology, and digital asset analysis.

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Bitcoin’s Red October Correction Could Signal Bullish November Momentum

Bitcoin’s Red October Correction Could Signal Bullish November Momentum

Bitcoin’s Red October represents a healthy market correction after its first negative performance in six years, potentially setting the stage for a bullish November surge toward $120,000-$150,000 by y...

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1 min
OpenAI Signs $38 Billion AWS Deal for Nvidia GPUs, Expanding AI Infrastructure

OpenAI Signs $38 Billion AWS Deal for Nvidia GPUs, Expanding AI Infrastructure

The OpenAI AWS partnership involves a $38 billion deal where OpenAI will access hundreds of thousands of Nvidia GPUs on Amazon Web Services infrastructure in the United States, enabling advanced...

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1 min
Ripple Acquires Palisade to Potentially Enhance Institutional Crypto Offerings

Ripple Acquires Palisade to Potentially Enhance Institutional Crypto Offerings

Ripple’s acquisition of Palisade enhances its institutional crypto custody and wallet services, integrating advanced wallet-as-a-service into Ripple Custody for banks and corporates. This move support...

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1 min
Wintermute CEO Denies Lawsuit Plans Against Binance After October Crypto Crash

Wintermute CEO Denies Lawsuit Plans Against Binance After October Crypto Crash

Wintermute CEO Evgeny Gaevoy has firmly denied any plans for a lawsuit against Binance after the October crypto market crash, stating no changes have occurred and no legal action is...

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1 min
Google Quantum AI Explores Quantum Money as Potential Blockchain Alternative to Bitcoin

Google Quantum AI Explores Quantum Money as Potential Blockchain Alternative to Bitcoin

Quantum money uses quantum mechanics to create unforgeable digital currency, bypassing blockchain’s code-based security with physics-based protection. Google Quantum AI’s research proposes tokens veri...

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1 min
Wisconsin Family Sues Tesla Over Alleged Model S Door Failure in Fatal Crash

Wisconsin Family Sues Tesla Over Alleged Model S Door Failure in Fatal Crash

The Tesla fatal crash lawsuit stems from a November 2023 incident in Wisconsin where five people died after a Model S collided with a tree and caught fire. The suit...

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1 min
South Korea’s Inflation Rises to 2.4% Amid Weaker Won, BOK Eyes Steady Rates

South Korea’s Inflation Rises to 2.4% Amid Weaker Won, BOK Eyes Steady Rates

South Korea’s consumer inflation rose to 2.4% in October 2024, driven by a weaker won increasing food and energy costs. This exceeds the Bank of Korea’s 2% target, supporting a...

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1 min
Ripple’s Palisade Acquisition May Strengthen XRP’s Role in Institutional Crypto Custody

Ripple’s Palisade Acquisition May Strengthen XRP’s Role in Institutional Crypto Custody

Ripple acquires Palisade, a leading digital-asset custody and wallet technology provider, to strengthen its institutional crypto infrastructure. This move bolsters Ripple’s secure storage and manageme...

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1 min
BitMine Expands Ethereum Holdings to 2.8% of Supply Toward 5% Goal

BitMine Expands Ethereum Holdings to 2.8% of Supply Toward 5% Goal

BitMine has acquired 82,353 ETH tokens, boosting its total Ethereum holdings to 3.4 million ETH valued at over $12 billion, representing approximately 2.8% of the circulating Ether supply. This strate...

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1 min
BNB Momentum Builds, Eyes Potential Breakout Toward $1,230–$1,300

BNB Momentum Builds, Eyes Potential Breakout Toward $1,230–$1,300

BNB renewed momentum is evident after a consolidation phase, with the price gaining 34.5% over three months and building toward a potential breakout in the $1,230–$1,300 zone. Strong liquidity and...

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1 min
Shiba Inu Price May Face Further Pressure from Whale Selling Trends

Shiba Inu Price May Face Further Pressure from Whale Selling Trends

Shiba Inu price has shown a bearish trend in recent weeks, breaching an 8-month range low amid increased whale selling pressure. While short-term consolidation offers minor hope, overall momentum favo...

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1 min
Fed Governor Lisa Cook Backs Rate Cuts, Eyes Further Reductions Amid Legal Disputes

Fed Governor Lisa Cook Backs Rate Cuts, Eyes Further Reductions Amid Legal Disputes

Fed rate cuts in 2025 could boost cryptocurrency markets by lowering borrowing costs and encouraging investment in riskier assets like Bitcoin and Ethereum, as lower interest rates historically drive ...

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1 min