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β†˜ Loom Network Prevails amid Crypto Market Pressure; Binance Action Impacts Outlook

Loom Network Prevails amid Crypto Market Pressure; Binance Action Impacts Outlook
Bitcoin ETFs have seen an outflow of $400 million amid concerns about US inflation. Hut 8, a Bitcoin stock, has had a strong performance, though earnings still loom. Speculation about SOL ETF approval under a Donald Trump presidency stirs, and the SEC's crypto strategy could experience significant changes. The Loom Network is leading, alongside Ontology and Simon’s Cat, as Bitcoin stalls. Prospects for investing in the Loom Network (LOOM) are looking positive. There is also potential for SOL, XRP, LTC ETF approvals under a Donald Trump presidency. AI Tokens are soaring as Nividia's earnings approach. The crypto market is feeling the pressure with $2B worth of altcoin token unlocks and $11B Bitcoin distribution happening. Platforms have started to gear up their crypto advocacy in Canada as elections loom. Binance has converted Monero, Bitcoin Gold to USDC and has delisted Loom Network. Despite a busy Q4, outlook for the Loom Network Price holds promise beyond 2024. There has also been crypto regulation enforcement in Cyprus and deliberation over Bitcoin's short-term targets as recession fears looms.

LOOM Coin News Analytics from Thu, 10 May 2018 07:00:00 GMT to Fri, 15 Nov 2024 13:18:20 GMT - Rating -3 - Innovation 6 - Information 7 - Rumor 5

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  • β†— Decoding the Cryptocurrency Roller Coaster: Deeper Look at the Loom Network

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