Cryptocurrency exchange OKX is planning to enter the Indian market and recruit local employees in order to expand its wallet services and support the country's Web3 ecosystem.
Bitcoin might experience a period of stagnation followed by a potential peak at $200,000 by the end of 2025 or early 2026, according to a crypto analyst, although short-term prospects for Bitcoin appear challenging due to a comparison with the 1930s stock market and oversold condition.
BlackRock, the world's largest asset manager, has filed a proposal to establish a Bitcoin exchange-traded fund (ETF), which could increase mainstream acceptance of Bitcoin investing and open up new investment opportunities if approved by the U.S. Securities and Exchange Commission (SEC).
Polygon’s Chain Development Kit (CDK) allows developers to easily build and deploy layer 2 chains on the Ethereum ecosystem using zero-knowledge proof technology.
Cardano (ADA) is predicted to surpass Bitcoin and Ethereum to become the world's largest cryptocurrency, according to Charles Hoskinson, the CEO of IOG.
Ripple has objected to the SEC's motion to file an interlocutory appeal, arguing that the SEC failed to establish the conditions necessary for approval; meanwhile, Ripple's XRP token has seen a strong start to the month with high on-chain metrics.
El Salvador's experiment with making bitcoin an official currency is difficult to analyze due to its opaque nature and multiple objectives, including financial inclusion, revenue generation, and enhancing the president's reputation. The country has made bitcoin purchases, but the exact amount is unknown, and it has experienced a loss of value in its bitcoin investments. The government's digital wallet, Chivo, faced security issues, and the adoption of bitcoin for transactions and remittances has been limited. Comparatively, Argentina has surpassed El Salvador in terms of bitcoin adoption. The move to bitcoin has garnered attention for El Salvador but has also raised concerns about the lack of a coherent educational process for mass adoption.
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Binance, the world's largest cryptocurrency exchange, caused confusion by mistakenly announcing on social media that euro transactions were no longer available, but it was clarified that euro transactions will continue until September 25th with Binance's banking partner in the region. However, the exchange is currently facing legal troubles and difficulties in various countries, making it challenging to find alternatives.
Cardano founder Charles Hoskinson clarifies that there has been "no enforcement event" targeting Cardano's ADA token amid growing concerns over increased SEC scrutiny.
Federal Reserve Chair Jerome Powell cautions that inflation is still too high and hints at the possibility of raising interest rates further, leading to uncertainty in the markets; meanwhile, Pantera Capital predicts that Bitcoin could reach $35,000 by 2024 and potentially climb to $148,000.
Bitcoin price risks falling to $23,000 as it lacks strong support below $25,400, while large holders have been accumulating BTC at a high rate.
Bitcoin is likely to experience a deep corrective move in September, with a potential drop of over 10% from current levels, according to crypto strategist Benjamin Cowen, who also suggests that the altcoin markets may see a resurgence next year due to a confluence of macro tailwinds.
Coinbase plans to list PayPal's stablecoin, PYUSD, signaling the convergence of traditional finance and the crypto economy and potentially challenging Tether's dominance in the stablecoin market.
Bitcoin and other cryptocurrencies experience a decline as the Securities and Exchange Commission slows down the decision process for crypto exchange-traded funds.
Robinhood has bought back $605 million worth of shares from the US government that were seized from FTX founder Sam Bankman-Fried, who is currently facing charges of defrauding investors and mishandling customer funds.
The popular meme coin Shiba Inu (SHIB) is experiencing a resurgence in price, potentially signaling a second round of significant movement, while the outcome of the upcoming SEC appeal against Ripple could greatly impact the price trajectory of XRP, and Ethereum is showing signs of potential recovery with a bounce in price from its recent decline.
A newly-born whale has acquired $9.37 million worth of Shiba Inu (SHIB) following the relaunch of the Shibarium Network, propelling the wallet to the 52nd spot among the largest SHIB holders globally.
The number of wallets interacting with Shiba Inu's layer2 network, Shibarium, has surpassed 1 million, indicating potential for SHIB to evolve beyond a meme-based token. However, SHIB's price has seen a decline over the past week and month despite an impressive burn rate of tokens through Shibarium transactions.
Crypto adoption in Turkey has increased from 40% to 52%, driven by high inflation and a decreasing value of the Turkish lira, according to a survey conducted by KuCoin. Bitcoin is the most popular cryptocurrency, and younger women are increasingly investing, with 47% of investors between 18 and 30 being female.
Over one trillion SHIB tokens have been accumulated by Shiba Inu whales in just 24 hours, signaling a potential shift in the popular cryptocurrency's ecosystem, although the majority of these whales are affiliated with exchanges, suggesting a possible selling event and bearish sentiment.
Former SEC Chairman Jay Clayton believes that the approval of a spot Bitcoin ETF by the U.S. is inevitable, as retail investors' restrictions on trading Bitcoin-based products cannot continue indefinitely.
Binance CEO Changpeng "CZ" Zhao predicts that decentralized finance (DeFi) has the potential to surpass centralized finance (CeFi) in the next bull run, emphasizing the positive impact of regulatory clarity and the need for broader cryptocurrency adoption worldwide.
Bitcoin Core developer Luke Dashjr has submitted a draft proposal for implementing drivechains, a feature that would allow the creation of sidechains linked to the main Bitcoin network, potentially improving the adaptability and functionality of the Bitcoin ecosystem.
Dogecoin's price in the next crypto bull market could reach $0.10 or even $0.20 based on factors such as increased adoption by businesses and the development of new projects, according to predictions from Google Bard; however, other predictions suggest a price range of $0.07 to $0.25 by the end of 2023 and 2025.
Pantera Capital predicts that Bitcoin (BTC) will reach nearly $150,000 in its next four-year halving cycle, based on historical trends and the impact of previous halvings.
Visa And Mastercard Distancing Themselves From Binance Unlikely to Hurt the Crypto Exchange: Experts
Visa and Mastercard's decision to reduce their partnerships with Binance, the largest crypto exchange, amid legal challenges is expected but unlikely to impact Binance's market share due to its global reach and liquidity.
Venture capitalist Chris Burniske believes that Solana (SOL) has the potential to outperform Ethereum (ETH) in the next risk expansion in crypto markets due to its lower transaction fees, higher throughput, and recent performance in the SOL/ETH pair.
Ethereum co-founder Vitalik Buterin has sold his MKR tokens and earned around $581,000 in ETH, leading to speculation that the sale was in response to the MakerDAO founder's positive comments about Solana's blockchain.
Leading US-based cryptocurrency exchange Coinbase will suspend trading for Multichain (MULTI) and five other assets, following the advisory from Multichain to stop using its services and recent assessment of the assets.
Elon Musk has been quietly funding the development of dogecoin, a meme-based bitcoin rival, as he plans to transform Twitter into an "updated version of PayPal," causing potential chaos in the cryptocurrency market.
Shiba Inu price rebounds as more investors accumulate tokens and Shibarium prepares for relaunch, with SHIB's price increasing by 1.71% in the past 24 hours.
Shiba Inu (SHIB) is at a critical point, with its current price level representing a key resistance that could determine its short-term future, while PEPE faces challenges after a significant sell-off by developers and Litecoin's hype appears to be over following a sharp decline in price post-halving.
Shiba Inu (SHIB) price has found support at $0.00000784 and could see a bullish correction after the successful ShibaFest event, with potential resistance levels at $0.00000840, $0.00000853, and $0.00000914, and a higher target of $0.00001067.
Gala Games' CEO and co-founder are involved in a legal dispute, causing the value of the blockchain gaming project's native token to plummet. CEO Eric Schiermeyer accuses co-founder Wright Thurston of unlawfully acquiring and trading $130 million GALA tokens, while Thurston counterclaims that Schiermeyer mismanaged the company's assets and participated in deceptive practices. The internal drama has resulted in an 8% decline in GALA token value.
The US Court of Appeals has once again postponed a decision on Grayscale's Spot Bitcoin ETF case, causing confusion within the community, with the verdict now expected on August 29th; analysts believe that the approval of the Bitcoin ETF could bring in new investors and boost the prices of Bitcoin and other cryptocurrencies.
MakerDAO co-founder Rune Christensen suggests that Maker should launch its own blockchain called "NewChain" based on the Solana codebase, citing its technical quality, resilient ecosystem, and successful examples of forking.
OnlyFans' parent company, Fenix, has announced a significant investment of $20 million in Ethereum, indicating growing institutional attention to digital assets, while altcoins like Solana (SOL) and InQubeta (QUBE) are emerging as potential cryptocurrencies to be accumulated due to their disruptive technologies and investment prospects.
South Korean investors in their 20s show a preference for investing in XRP over Bitcoin and Ethereum, with 20.7% of their investment portfolios allocated to XRP.
Former President Donald Trump's NFT collection experienced a significant surge of 1200% in sales after his interview with Tucker Carlson, with over 40 NFTs sold and a 30% increase in floor price.
Shiba Inu's Shibarium is now live and running smoothly, with the beta testnet explorer receiving an updated interface and new features; Pantera Capital predicts Bitcoin's price could reach $148,000 after the next halving; an interesting pattern on the Ethereum price chart suggests a potential increase in value.
Real-world asset tokenization is expected to revolutionize the financial industry, with predictions that it will shape a $16 trillion market by 2030, offering increased liquidity and market accessibility.
Despite the current market conditions, a crypto strategist believes that Bitcoin (BTC) could experience a significant upward movement, potentially forming a bullish higher-low setup after a possible drop to around $23,600.
Ripple's recent legal victory against the SEC has brought much-needed regulatory clarity to the cryptocurrency industry, but XRP's price has since declined due to bearish market sentiment and short-term holders offloading their holdings.
Cardano Founder, Charles Hoskinson, suggests that the SEC's crackdown on the crypto industry is politically motivated and driven by the Democratic Party's efforts to save face after the fall of FTX founder Sam Bankman-Fried, but he believes that the SEC is not specifically targeting Cardano.
The London Stock Exchange (LSE) Group is planning to create a blockchain-based platform for traditional financial assets, aiming to improve efficiency and transparency in trading, although it will not be involved with cryptocurrencies. If successful, LSE Group would be the first major stock exchange to offer a blockchain-powered ecosystem.
