Private blockchain, smart contracts, and specialized oracles - Mohammad Nauman, Director of Custody Engineering at Bullish explores the essential elements to consider when building a secure and efficient digital asset custody infrastructure.
The Massachusetts Senator said she agreed to two debates in October, while John Deaton challenged her to five after his primary victory.
Miami, Florida, 4th September 2024, GamingWire
The fallout from the 2022 crisis has pushed the industry to innovate. One of the most promising developments has been the rise of tokenized money market funds. These funds offer a way to generate yield, says Jason Liebowitz, Head of Private Wealth at Hashnote.
Ripple vs SEC latest update: On September 4, 2024, the Ripple Lab officially requested the court to pause the monetary part of the judgment which was ordered on August 7, 2024. As of now, the monetary portion of the judgment is still pending and is supposed to be paid on September 6, 2024. However, Ripple …
Bitcoin faces mounting pressure as crucial indicators signal a potential drop to the $53,541 mark. With sellers gaining momentum and technical charts flashing red, the cryptocurrency is struggling to find a foothold in a volatile market. Traders are watching closely to see if the bearish trend will continue or if a reversal is on the horizon as BTC hovers near critical support levels. The next few days could be crucial in determining Bitcoin’s short-term trajectory. As Bitcoin faces increasing selling pressure, this article explores the recent bearish signals affecting its price movement, analyzing key technical indicators that suggest a potential drop to $53,541. By examining the critical support levels to watch, insights into whether BTC will find stability or continue its slide will be provided. As of the time of writing, Bitcoin was trading at approximately $56,691, reflecting a 4.04% decline with a market capitalization exceeding $1 trillion and a trading volume surpassing $31 billion. Over the past 24 hours, BTC’s market cap has dropped by 3.96%, while trading volume has surged by 22.55%. Analyzing BTC’s Recent Price Action And Key Indicators On the 4-hour chart, Bitcoin has displayed strong bearish momentum below the 100-day Simple Moving Average (SMA) following its failure to break above the $60,152 mark. The price is now attempting to fall toward the $53,541 mark. If the cryptocurrency successfully breaches this key level, it could begin a more pronounced downtrend, potentially driving the price down to other crucial support levels. Additionally, on the 4-hour chart, the Relative Strength Index (RSI) has slipped below the 50% mark, currently resting at 32%. This decline highlights growing bearish momentum and suggests that selling pressure could intensify. On the daily chart, BTC is showing significant negative movement below the 100-day SMA by printing two bearish momentum candlesticks. This downbeat surge reflects strong selling pressure and negative market sentiment, increasing the likelihood of BTC reaching the $53,541 mark soon. Finally, the 1-day RSI shows that bearish pressure on BTC is intensifying. The signal line has recently dropped below 50%, now resting at 39%, which also signals growing selling pressure and a pessimistic sentiment for the digital asset. Investor Outlook: Preparing For Bitcoin Potential Downside With bearish pressure mounting and key indicators pointing to further declines, Bitcoin appears poised to drop to the $53,541 mark. Should the cryptocurrency breach this level, it could signal a more significant pessimistic move, potentially driving the price down to the next support at $50,604 and beyond. However, if Bitcoin hits the $53,541 support level and the bulls manage to stage a comeback, the price could start moving upward toward the $60,152 resistance mark. A successful breach of this resistance might lead BTC to test its all-time high of $73,811, with the potential to set a new record if it surpasses this level. Featured image from iStock, chart from Tradingview.com
Euler Labs has released Euler v2, a development kit for deploying ERC-4626 vaults with customizable lending risk management features.
A Nigerian court is set to deliver its judgment on October 9 regarding the bail application of Tigran Gambaryan, a senior executive at Binance who has been detained for over six months. As head of financial crime compliance at the world’s largest cryptocurrency exchange by trading volume, Gambaryan has faced mounting pressure from US lawmakers […]
"We don't wish the burden of unnecessary subpoenas on anyone," a spokesperson for Uniswap told CoinDesk.
The Nigerian government’s long-running hostility towards the crypto industry seems to be abating. Or is it? Noelle Acheson looks at how the recent licensing of two crypto exchanges in Nigeria may not represent the shift we’re hoping for.
In a video release on Wednesday, Howard Lutnick, CEO of Wall Street firm Cantor Fitzgerald, delivers some striking predictions about the future relationship between traditional financial institutions and Bitcoin. The video, titled “Howard Lutnick on Bitcoin and tradfi,” is making waves within the community as Lutnick outlines a bold future where big banks will deeply […]
Traders are constantly seeking the next big opportunity to maximize their returns. Recently, Binance Coin (BNB) has faced some price resistance, leading many traders to explore alternative investments. One of the most intriguing options that have captured the attention of BNB traders is Mpeppe (MPEPE), a new cryptocurrency that blends sports passion with blockchain innovation. […]
Cardano (ADA) remains a significant player, attracting investors with its promise of scalability and innovation. However, recent trends indicate that Cardano (ADA) investors are diversifying their portfolios by adding new and promising tokens. One such token that has captured their attention is Mpeppe (MPEPE), a revolutionary meme cryptocurrency that blends sports fandom with blockchain technology. Let’s explore why Cardano (ADA) investors are gravitating towards Mpeppe (MPEPE) and what this means for the future of both cryptocurrencies. Mpeppe (MPEPE): A Fusion of Sports and Blockchain Innovation Mpeppe (MPEPE) is not just another meme cryptocurrency; it’s a movement that combines the excitement of sports with the cutting-edge capabilities of blockchain. Inspired by the legendary Pepecoin and the electrifying talents of professional soccer player Mbappé, Mpeppe (MPEPE) aims to unite global sports enthusiasts through the power of crypto and sports-related memes. This unique approach sets Mpeppe (MPEPE) apart from other tokens in the market, making it a compelling option for investors looking for something new. For Cardano (ADA) investors, Mpeppe (MPEPE) offers an opportunity to diversify their holdings with a token that is poised to make a significant impact in the cryptocurrency world. By leveraging blockchain technology to create a gaming and sports betting ecosystem, Mpeppe (MPEPE) is building a vibrant community where users can socialize, trade the community token, and participate in thrilling sports-related activities. Cardano (ADA) Continues to Innovate, But Investors Seek Diversification Cardano (ADA) has long been celebrated for its innovative approach to blockchain technology, particularly its focus on scalability and sustainability. However, even as Cardano (ADA) continues to develop and implement new features, investors are increasingly looking to diversify their portfolios to mitigate risk and explore new opportunities for growth. Mpeppe (MPEPE) has emerged as a popular choice among Cardano (ADA) investors due to its unique blend of sports culture and blockchain innovation. The token’s potential to tap into the massive global sports market, combined with its robust technological foundation, makes it an attractive addition to any investment portfolio. By adding Mpeppe (MPEPE) to their holdings, ADA investors are positioning themselves to benefit from the growing intersection of sports and cryptocurrency. The Growing Appeal of Mpeppe (MPEPE) Among ADA Investors One of the key factors driving Cardano (ADA) investors to Mpeppe (MPEPE) is the token’s strong community focus. Mpeppe (MPEPE) is not just about financial transactions; it’s about building a global community that shares a passion for sports and innovation. This sense of community is something that resonates deeply with ADA investors, many of whom are drawn to Cardano (ADA) for its collaborative and forward-thinking approach to blockchain development. Mpeppe (MPEPE)’s vibrant community is centered around sports-related activities, including gaming and sports betting. By creating a platform where users can engage in these activities while trading the MPEPE token, Mpeppe (MPEPE) is fostering a sense of belonging and excitement that is rare in the cryptocurrency world. For ADA investors, this represents a unique opportunity to be part of a movement that is about more than just financial gains. Conclusion: Mpeppe (MPEPE) – A New Frontier for ADA Investors Cardano (ADA) investors are diversifying their portfolios by adding Mpeppe (MPEPE), a token that blends sports culture and blockchain technology. This move allows Cardano (ADA) investors to participate in a revolutionary movement beyond traditional financial transactions. Both ADA and Mpeppe (MPEPE) are expected to shape the future of the digital economy as they continue to grow and evolve. For more information on the Mpeppe (MPEPE) Presale: Visit Mpeppe (MPEPE) Join and become a community member: https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
The world of cryptocurrency continues to thrive as major investors look for the next big opportunity. One such entrepreneur from the Render (RNDR) ecosystem has pledged a remarkable $1.7 million into an emerging crypto project—Mpeppe (MPEPE). As the presale for Mpeppe (MPEPE) nears its conclusion, this major investment is a testament to the potential the […]
The cryptocurrency market is no stranger to innovation, especially when it comes to combining different elements of digital culture. Recently, a new player has emerged that is catching the attention of investors across the board—Mpeppe (MPEPE), a casino-focused token inspired by the success of Pepecoin. Among the early adopters are holders of Floki Inu (FLOKI), […]
As 2024 approaches, a growing number of Binance whales—investors with substantial holdings—are shifting their focus from the well-established Binance Coin (BNB) to the emerging memecoin Mpeppe (MPEPE). With the potential for 1000% profits, Mpeppe (MPEPE) is quickly becoming a favorite among those looking to maximize their returns. Here’s why Binance Coin (BNB) whales are betting big on Mpeppe (MPEPE) over BNB as the year draws to a close. Mpeppe (MPEPE): A Light-Hearted Approach with Serious Potential One of the reasons Binance whales are favoring Mpeppe (MPEPE) over Binance Coin (BNB) is its unique blend of humor and professionalism. While BNB has established itself as a cornerstone of the Binance Coin (BNB) ecosystem, Mpeppe (MPEPE) offers something different—a fun, engaging approach to digital assets that doesn’t take itself too seriously. This light-heartedness is more than just a marketing gimmick; it’s a strategy that resonates with a broad audience, particularly those who might find traditional cryptocurrencies too dry or technical. By balancing humor with real-world utility, Mpeppe (MPEPE) is carving out a niche in the market that allows it to attract a diverse range of investors, from casual enthusiasts to serious traders. Expanding Reach and Adoption: How Mpeppe (MPEPE) Is Winning Over BNB Investors Mpeppe (MPEPE) is not just about memes; it’s about creating a cryptocurrency that can achieve widespread adoption. By tapping into the viral nature of internet culture, Mpeppe (MPEPE) is reaching a demographic that might not otherwise engage with digital assets. This expansion of reach is one of the key reasons why Binance Coin (BNB) whales are shifting their focus to Mpeppe (MPEPE). As Mpeppe (MPEPE)’s popularity grows, so does its potential for widespread adoption, which in turn drives up its value. For Binance Coin (BNB) investors looking to diversify their portfolios, Mpeppe (MPEPE) offers a compelling opportunity to capitalize on a cryptocurrency that is both accessible and poised for rapid growth. Mpeppe (MPEPE) vs. Binance Coin (BNB): A Strategic Shift for Massive Returns Binance Coin (BNB) is a stable cryptocurrency, but Mpeppe (MPEPE) offers a unique opportunity with potential for 1000% profits. This speculative excitement is matched by BNB’s short-term stability. Binance Coin (BNB) whales are recognizing Mpeppe (MPEPE)’s potential for massive returns, reflecting a broader trend in the market where investors are taking calculated risks on emerging tokens with high growth potential. The Road to 1000% Profits: Why Mpeppe (MPEPE) Is the Next Big Bet Mpeppe (MPEPE) is poised to deliver 1000% profits in 2024 due to its viral marketing strategy, broad appeal, and growing adoption. Binance whales are betting Mpeppe (MPEPE) will outperform Binance Coin (BNB) in terms of returns. This strategic shift towards Mpeppe (MPEPE) reflects confidence in its ability to capture public imagination and deliver tangible financial rewards, making it a high-risk, high-reward opportunity for crypto investors. Conclusion: Mpeppe (MPEPE) – The Memecoin That Could Eclipse BNB Mpeppe (MPEPE) is gaining traction in the digital asset market, particularly against Binance Coin (BNB). Its unique approach to digital assets is attracting investors seeking something new and exciting. With potential for 1000% profits, Binance Coin (BNB) whales are favoring Mpeppe (MPEPE) towards the end of 2024. Those interested should join the Mpeppe (MPEPE) movement as it gains momentum. For more information on the Mpeppe (MPEPE) Presale: Visit Mpeppe (MPEPE) Join and become a community member: https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
Binance Coin (BNB) remains a dominant force. However, even seasoned BNB holders are always on the lookout for new opportunities to maximize their returns. Recently, a new gambling-focused token, Mpeppe (MPEPE), has caught the attention of Binance Coin (BNB) investors. This token is generating buzz for its potential to deliver 100X profits. Let’s explore why Binance holders are adding Mpeppe (MPEPE) to their portfolios and what makes this token a standout in the online gambling sector. Mpeppe (MPEPE): A Game-Changer in Crypto Gambling Mpeppe (MPEPE) is quickly gaining traction in the crypto world, particularly among Binance Coin (BNB) holders. This new token is making waves by capitalizing on the growing trend of integrating cryptocurrencies into online gambling platforms. Mpeppe (MPEPE)’s decentralized nature offers increased security and privacy, making it an attractive option for both players and investors. But what exactly is driving this surge in interest? Why BNB Holders Are Betting on Mpeppe (MPEPE) for Massive Returns Binance Coin (BNB) holders are known for their strategic investments, and Mpeppe (MPEPE) is no exception. The token’s potential for 100X returns has not gone unnoticed. With the online gambling industry booming, Mpeppe (MPEPE) is positioned to capitalize on the demand for secure and efficient payment solutions. Its integration of blockchain technology ensures transparency and traceability, key factors that appeal to both the gambling community and crypto investors. Decentralization and Privacy: The Core Appeal of Mpeppe (MPEPE) One of the primary reasons Binance Coin (BNB) holders are flocking to Mpeppe (MPEPE) is the token’s commitment to decentralization and privacy. In the world of online gambling, these features are crucial. Mpeppe (MPEPE)’s decentralized framework guarantees that transactions are secure and private, protecting users from potential data breaches and unauthorized access. This level of security is a significant draw for Binance Coin (BNB) investors who are looking for reliable and innovative projects. The Blockchain Advantage: Why Mpeppe (MPEPE) Stands Out Blockchain technology is at the heart of Mpeppe (MPEPE)’s success. By utilizing blockchain, Mpeppe (MPEPE) ensures that all transactions are transparent, traceable, and immutable. This not only enhances the security of the platform but also builds trust among users. For Binance Coin (BNB) holders, this technological advantage is a key reason to invest in Mpeppe (MPEPE). The token’s ability to leverage blockchain to offer a seamless gambling experience sets it apart from other cryptocurrencies in the space. Mpeppe (MPEPE)’s Global Reach Another factor contributing to Mpeppe (MPEPE)’s popularity among Binance Coin (BNB) holders is its ability to overcome geographical barriers. Traditional banking methods often involve currency conversion fees and restrictions on cross-border transactions. Mpeppe (MPEPE), however, allows for smooth and cost-effective transactions across the globe. This global accessibility is particularly appealing to Binance Coin (BNB) holders who recognize the value of a truly borderless cryptocurrency. Conclusion: Mpeppe (MPEPE) – A Must-Have for BNB Holders Binance Coin (BNB) holders are acquiring Mpeppe (MPEPE), a cryptocurrency that focuses on decentralization, privacy, and blockchain technology. Mpeppe (MPEPE) is poised to become a major player in the crypto gambling space, offering 100X returns. Binance Coin (BNB) holders are positioning themselves to benefit from the next big wave in cryptocurrency, as Mpeppe (MPEPE)’s growing popularity and value make it a strategic investment. For more information on the Mpeppe (MPEPE) Presale: Visit Mpeppe (MPEPE) Join and become a community member: https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
Binance Coin (BNB) traders have begun adding a fresh contender to their memecoin portfolios: Mpeppe (MPEPE). This new cryptocurrency has quickly gained traction, offering unique features and integrations that make it a compelling addition to any BNB trader’s holdings. Here’s why Mpeppe (MPEPE) is becoming a must-have in the Binance Coin (BNB) ecosystem. Mpeppe (MPEPE): A New Powerhouse in the Memecoin Market Mpeppe (MPEPE) is not just another memecoin; it’s a token that leverages the power of decentralized finance (DeFi) to offer real utility to its users. Unlike many memecoins that rely solely on hype and community engagement, Mpeppe (MPEPE) integrates DeFi protocols, providing users with access to a wide range of financial services, including lending, borrowing, trading, and yield farming. This unique combination of meme culture and DeFi functionality makes Mpeppe (MPEPE) a standout choice for Binance Coin (BNB) traders looking to diversify their portfolios with a token that has both hype and substance. Why Binance Coin (BNB) Traders Are Flocking to Mpeppe (MPEPE) The Binance Coin (BNB) ecosystem is known for its robust selection of tokens, and BNB traders are always on the lookout for promising new assets. Mpeppe (MPEPE) has caught the attention of these traders for several reasons. First, its integration with DeFi protocols adds significant value, allowing users to engage in activities like yield farming and liquidity mining without the need for traditional intermediaries. This not only enhances the functionality of Mpeppe (MPEPE) but also contributes to the growth and adoption of DeFi as a whole. For BNB traders, Mpeppe (MPEPE) represents an opportunity to invest in a memecoin that offers more than just short-term gains. With its DeFi integration, Mpeppe (MPEPE) has the potential to generate long-term value, making it an attractive addition to any Binance Coin (BNB)-based portfolio. Leveraging DeFi: How Mpeppe (MPEPE) Enhances the Experience One of the key factors that set Mpeppe (MPEPE) apart from other memecoins is its integration with decentralized finance (DeFi) protocols. By providing users with access to financial services like lending, borrowing, and trading, Mpeppe (MPEPE) offers a level of functionality that is rare in the memecoin space. This integration not only enhances the user experience but also positions Mpeppe (MPEPE) as a key player in the broader DeFi ecosystem. For Binance Coin (BNB) traders, this is a significant advantage. As the DeFi space continues to grow, tokens like Mpeppe (MPEPE) that offer real utility will become increasingly valuable. By adding Mpeppe (MPEPE) to their portfolios, BNB traders are positioning themselves to benefit from the ongoing expansion of DeFi, while also enjoying the community-driven excitement that memecoins are known for. Conclusion: Mpeppe (MPEPE) – A Strategic Addition for BNB Traders Binance Coin (BNB) traders are adding Mpeppe (MPEPE) to their memecoin portfolios, combining meme culture excitement with DeFi integration benefits. Mpeppe (MPEPE) offers a unique blend of features that enhance the Binance Coin (BNB) trader experience and provide long-term value for holders. As Mpeppe (MPEPE) continues to make waves in the crypto space, it is a must-have asset for BNB traders looking to diversify their portfolios with fun and functional tokens. For more information on the Mpeppe (MPEPE) Presale: Visit Mpeppe (MPEPE) Join and become a community member: https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
The world of cryptocurrency continues to expand with new and exciting opportunities, and Mpeppe (MPEPE) has quickly emerged as one of the most talked-about projects in 2024. Recently, a prominent investor from the Render (RNDR) community made headlines by investing $50,000 into Mpeppe (MPEPE), a move that has sparked curiosity in both crypto circles. But why did this Render (RNDR) millionaire, who has already seen immense success, choose Mpeppe (MPEPE) as their next big bet? Let’s dive into the reasons behind this high-stakes investment. Mpeppe (MPEPE): Sports, Blockchain, and Meme Culture Mpeppe (MPEPE) is a unique memecoin that combines sports passion, blockchain technology, and meme culture. It aims to revolutionize soccer fandom, community wealth creation, and decentralized finance. The token’s unique approach, similar to Render (RNDR)’s use of blockchain for gaming and visual effects, aims to unite soccer and crypto fans, appealing to investors with its combination of fun and innovation. A Shared Vision: The Fusion of Creativity and Blockchain Technology Render (RNDR) has long been a favorite among tech investors for its groundbreaking use of blockchain in the creative space, especially with its decentralized rendering services. The Render (RNDR) millionaire’s move to invest in Mpeppe (MPEPE) showcases a similar vision—both tokens are about pushing the boundaries of blockchain technology in unique and innovative ways. Mpeppe (MPEPE)embraces blockchain to empower its community, allowing users to engage in sports-related activities, trade tokens, and participate in community-driven initiatives. The idea that blockchain can be used to create a cultural and financial ecosystem around sports and memes is appealing to those who already understand the disruptive potential of the technology, like the Render (RNDR) millionaire. The Price Attraction: Mpeppe (MPEPE) at $0.00177 One of the most exciting aspects of Mpeppe (MPEPE) is its current price—at just $0.00177, Mpeppe (MPEPE) offers a low entry point for investors with high growth potential. The Render (RNDR) millionaire likely recognized the opportunity to get in early on a project with immense upside. With Render (RNDR) having already experienced its rise in value, this investor sees Mpeppe (MPEPE) as a similarly undervalued asset that could explode in popularity. Given Mpeppe (MPEPE)’s unique positioning in the market, its potential for price growth is significant. With the added appeal of meme culture and a solid foundation in blockchain technology, Mpeppe (MPEPE) stands out as a token with both short-term hype and long-term value, making it an attractive prospect for investors who know how to spot winners. Why Mpeppe (MPEPE) Is a Smart Bet for 2024 Render (RNDR) millionaire invested $50,000 in Mpeppe (MPEPE), a token with potential for significant returns in 2024. Mpeppe (MPEPE)’s unique blend of sports fandom, blockchain innovation, and meme culture makes it a smart investment for investors. Its low entry price, strong community focus, and viral potential make it a new frontier in decentralized technology and community-driven growth. Mpeppe (MPEPE) offers an exciting opportunity for sports fans, meme enthusiasts, and crypto investors. Conclusion: Mpeppe (MPEPE) – The Perfect Next Step for Render (RNDR) Investors Render (RNDR) millionaires can invest in Mpeppe (MPEPE) due to its commitment to leveraging blockchain technology for creative projects and its focus on sports and meme culture. At $0.00177, Mpeppe (MPEPE) offers a rare opportunity to enter a project with massive potential, attracting investors from various backgrounds who value fun, innovation, and community. For more information on the Mpeppe (MPEPE) Presale: Visit Mpeppe (MPEPE) Join and become a community member: https://t.me/mpeppecoin https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
Leading Swiss bank Zurich Cantonal Bank is the latest financial entity to enter the crypto waters in Europe, as it unveiled Bitcoin (BTC) and Ethereum (ETH) trading services on September 4, 2024. Swiss Banking Juggernaut To Offer Crypto Services In its press release published today, the bank said its customers can avail 24/7 cryptocurrency trading and custody services via its existing digital platforms such as ZKB eBanking and ZKB Mobile Banking. The fourth-largest Swiss bank with total assets under management worth $235 billion, Zurich Cantonal Bank has also joined forces with Crypto Finance AG, a subsidiary of the Deutsche Börse Group. The partnership will enable the bank’s customers to execute digital assets trades, in Bitcoin and Ethereum, the press release notes. Related Reading: 21Shares Parent Firm Becomes Switzerland’s Crypto Giant As Gets Valued At $2B Commenting on the development, Alexandra Scriba, Head of Institutional Clients & Multinationals at Zurich Cantonal Bank said: Our newly launched offering in the area of cryptocurrencies offers a high level of security and allows the integration of additional currencies and applications. When it comes to cryptocurrencies, the Zurich Cantonal Bank assumes the critical function of the safe custody of private keys. Customers and third-party banks therefore do not need their own wallet and therefore do not have to worry about storing their own private keys. The Zurich Cantonal Bank takes care of both. The press release notes that Zurich Cantonal Bank’s latest crypto offering isn’t just limited to its customers. The bank offers business-to-business (B2B) solutions that allow other Switzerland-based banks to provide their customers with crypto trading and custody services. Swiss cantonal bank, Thurgauer Kantonalbank is already leveraging this service. It’s worth noting that this isn’t the bank’s first exposure to digital assets, as in 2021, the institution was involved in issuing the world’s first digital bond on the SIX Digital Exchange. Europe Continues To Embrace Bitcoin and Ethereum Europe’s history with cryptocurrencies such as Ethereum and Bitcoin has been rather convoluted. Due to its strict privacy laws and lack of a standard regulatory framework for digital assets, businesses have typically steered clear of entering the emerging industry in Europe. Related Reading: EU Watchdog Considers Crypto Integration Into $12.88 Trillion Investment Market For instance, Binance, the world’s largest cryptocurrency exchange by reported trading volume, has faced several regulatory hurdles in Europe. In 2023, Binance not only decided to cancel its registration with the UK Financial Conduct Authority (FCA), but also shuttered its operations in the Netherlands. However, with the increasing acceptance of cryptocurrencies worldwide – propelled by the approval of Bitcoin exchange-traded-funds (ETFs) by the US Securities and Exchange Commission (SEC) – countries and international unions are feeling more comfortable adopting the digital assets economy. In July 2024, USDC issuer Circle bagged Europe’s first stablecoin license in France, enabling the firm to operate as a compliant entity under the European Union’s crypto regulations. The total crypto market cap stood at $1.975 trillion at press time. Featured Image from Unsplash.com, Chart from TradingView.com
Binance Coin (BNB) has been one of the most successful cryptocurrencies, with its price steadily rising as the Binance Coin (BNB) ecosystem continues to expand. As investors speculate on whether Binance Coin (BNB) could reach the $1000 mark, they are also looking to diversify their portfolios with promising new tokens like Mpeppe (MPEPE). This article […]
Recently, Cardano (ADA) has encountered price resistance, prompting some of its largest holders—commonly referred to as whales—to diversify their portfolios. One of the latest tokens to catch their attention is Mpeppe (MPEPE), a new casino-focused cryptocurrency that is quickly gaining popularity. Let’s explore why Cardano (ADA) whales are adding Mpeppe (MPEPE) to their MoonBags and […]
Uniswap Labs will pay $175,000 to settle charges it offered illegal leveraged and margined commodities transactions, a CFTC press release said.
The CFTC's action against Uniswap Labs highlights increasing regulatory scrutiny on DeFi platforms, potentially reshaping the crypto landscape.
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Bitcoin has been under intensified selling pressure since the start of the week, with the largest cryptocurrency experiencing a nearly 4% drop in value over the past seven days. This decline brought Bitcoin to a one-month low of $55,690 earlier on Wednesday, raising concerns among investors about its near-term trajectory. Could Fed Rate Cuts Drive Bitcoin Beyond $100,000? A market expert known as “Chicken Genius” recently shared his insights on social media, suggesting that the $55,000 mark could represent a significant bottom for Bitcoin. He points to a notable surge in US liquidity, which has climbed to $6.117 trillion since the beginning of the month. Related Reading: Stunning Fall From Grace: Cardano Suffers 90% Plunge In Market Share Since ’21 This influx of liquidity could signal a potential reversal in the crypto market, providing the necessary support to bolster Bitcoin’s price and generate the buying pressure that has been notably absent in recent weeks following a failed attempt to consolidate above the key $60,000 threshold. In his analysis, Chicken Genius also highlighted expectations that US interest rates may decrease from 5 to 3 over the next six months. The expert argues that such a shift from the US Federal Reserve (Fed) could propel Bitcoin beyond the $100,000 mark, significantly exceeding its current all-time high of $73,700. However, not all analysts share this bullish outlook. Market Uncertainty Another analyst, known as Crypto Data, cautioned that historically, Bitcoin has dropped an average of 15% following five instances where the Federal Reserve cut rates. If this pattern holds, Bitcoin could fall to around $48,000 from its current levels. This perspective reflects a more cautious stance amid the current economic climate, particularly given the proximity of the upcoming US elections in November, which could have significant implications for the BTC price and the entire market. Related Reading: Critical Bitcoin Indicator: Analyst Foresees Major 75% Correction Ahead Many believe that a potential victory for former President Donald Trump could lead to a looser regulatory climate and a surge in crypto prices, led by BTC, as the coin has been at the forefront of Trump’s plans in the US, such as paying off the country’s $35 trillion debt with BTC and creating a strategic reserve based on the cryptocurrency. To further complicate the situation, Crypto Data noted that historically, September has been bullish two-thirds of the time during Halving cycle years. This factor adds another layer of uncertainty, as it could also mean a notable boost for the Bitcoin price amid the broader bearish sentiment in the market. After falling towards the $55,690 mark, the leading cryptocurrency regained the $57,400 mark at the time of writing. Featured image from DALL-E, chart from TradingView.com
A crypto pundit has identified striking similarities between the Bitcoin (BTC) market behavior in 2023 and 2024. Based on the analyst’s observation, he believes that Bitcoin is experiencing a comparable cycle of decline, characterized by widespread investor sell offs, which could precede a significant price breakout to new levels. Comparing The Bitcoin Markets Of 2023 And 2024 In a rather lengthy X (formerly Twitter) post on September 3, a crypto pundit identified as ‘Dana Crypto Trades’ shared some intriguing details about the current Bitcoin market, comparing it to the market environment and trends observed in 2023. The analyst noted that Bitcoin’s price fluctuated within a range for over six months, much like it did last year. Related Reading: Major Dogecoin Indicator Flashes Bullish, Is It Time To Buy? He highlighted that despite the cryptocurrency‘s bearish performance, the expectations about the market’s future outlook in the fourth quarter of 2024 remain particularly optimistic. Last year, numerous crypto investors chose to sell off their Bitcoin holdings when they were priced around $25,000, hoping to buy back at a lower value. This massive sell-off occurred despite the more than 90% probability that Spot Bitcoin ETFs would gain approval this year. Interestingly, A similar behavior is unfolding in the present Bitcoin market. The market sentiment has turned negative due to Bitcoin’s recent price volatility, leading investors to become bearish. Most of these investors are now liquidating their holdings, with the expectation to repurchase it at a 10% to 20% lower price. Daana Crypto has warned that while trying to buy Bitcoin at a lower price might seem like a great investment strategy, it carries a significant amount of risks. Basically, if the market moves upwards instead of the expected decline, investors who sold their Bitcoin may miss out on substantial gains. He referenced a situation last year, where some investors had missed out on a 3X price increase in Bitcoin because they had sold off their coins and were waiting for a slight price dip. While providing insights into current market set up, Daan Crypto acknowledged that he is unable to predict Bitcoin’s short term market movements, therefore advises that investors remain cautious. He indicated that for most investors, holding Bitcoin over the long term might be the best strategy, especially if the market could witness a significant breakout to the upside once bearish trends turn stable. BTC Eyes Next Target At $100,000 In Q4 Another crypto analyst, known as ‘Stockmoney Lizards,’ on X has also drawn comparisons between Bitcoin’s current market patterns with those from the early years. Related Reading: Solana Sees 7,600% Surge In Institutional Inflows, Here’s Why He observed similar trends in Bitcoin’s price action in 2016 and 2024, indicating that the pioneer cryptocurrency could experience a comparable but less dramatic price increase to what was seen in 2016. Despite this, the crypto analyst has set a price target of $100,000 for Bitcoin by the end of Q4 2024. Featured image created with Dall.E, chart from Tradingview.com
Bitcoin is simply too slow to preserve historical norms this time around, trader Peter Brandt concludes in a frank appraisal of BTC price performance.
Despite the massive downturn in the cryptocurrency market, Aave’s (AAVE) trading volume has skyrocketed by 131% in the last 24 hours as crypto whales go on a buying spree. On September 4, 2024, when Bitcoin (BTC) breached its crucial support level of $57,000, the overall cryptocurrencies experienced a notable price decline. Whale’s Big Bet on …