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Analysts rank MAGACOIN FINANCE, Cardano, and PEPE among the best cryptos to buy now, forecasting up to 10,000% upside potential into 2025.MAGACOIN FINANCE — Presale Gem With 10,000% Growth PotentialCardano (ADA) — Institutional Adoption & Layer-2 ScalingPepe (PEPE) — Meme Coin With Strong Market PresenceFinal Thoughts
FTSE Russell, a London Stock Exchange Group (LSEG) subsidiary, announced on August 22 that Metaplanet has moved from the small-cap category to mid-cap. The company will join the FTSE Japan Index from September 22, a step that may raise its profile and attract institutional investment. FTSE Japan Entry Expands Global Reach The FTSE Japan Index … <a href="https://beincrypto.com/metaplanet-upgraded-to-mid-cap-joins-ftse-japan-index/">Continued</a>
- 14:45Analysis: Investors are "buying the dip" in Bitcoin around $110,000According to ChainCatcher, citing Cointelegraph, Bitcoin continued to put pressure on key support levels on Thursday, while signs of renewed buying interest emerged. Investors were "buying the dip" around the $110,000 level. As BTC fell below $110,000, liquidity of orders on trading platforms on both sides of the price became a focal point, with the local low and the resistance at $112,300 being key levels to watch. Trader and analyst Rekt Capital pointed out that BTC has now filled the "gap" in the CME Bitcoin futures market. When discussing the Relative Strength Index (RSI), Rekt Capital noted a bullish divergence in price, which could signal a potential upward trend in the future. Crypto analyst Ted Pillows, based on market sentiment, believes that Bitcoin may be establishing a local support bottom. On-chain analytics platform Glassnode indicated that entities holding between 1 and 1,000 BTC are showing "strong accumulation" signals. Even the whales who have distributed large amounts of Bitcoin to the market in recent weeks are slowing down their selling pace. Glassnode stated that this "shows that despite recent turbulence, market confidence is recovering."
- 14:13Spot gold hits a new all-time high againBlockBeats news, on October 16, spot gold continued to hit a record high, reaching $4,250 per ounce, up more than 1% during the day.
- 14:13Federal Reserve Governor Waller: If GDP remains resilient or the job market accelerates, the pace of rate cuts is expected to slow down.BlockBeats News, on October 16, Federal Reserve Governor Waller stated, "If GDP remains resilient or the job market accelerates, the pace of interest rate cuts is expected to slow down." (Golden Ten Data)