The Lazarus Group has become a Tron whale, and BIT has launched Filecoin options trading. Additionally, Everlodge has outstanding presale performanc

Several cryptocurrencies were able to achieve 24-hour gains throughout the past trading day. As a result, the market recorded a 0.67% increase in its collective market capitalization, according to CoinMarketCap data. This slight rebound may lead investors and traders to search for promising trade opportunities in the market this coming week. Potential trade opportunities that The post Crypto Prices Today: 4 Altcoins to Watch for Great Trades appeared first on Coin Edition .

An unintentional leak of private and confidential information related to Xbox shows plans for the integration of a crypto wallet.

According to a statement made by a popular cryptocurrency exchange, a large amount of Ethereum may be sold in the near future. Continue Reading: Giant Cryptocurrency Exchange Announces It May Sell Large Amounts of Ethereum Soon

As VanEck preps its Ethereum Futures ETF, the SEC makes swift moves, signaling significant developments in the crypto ETF landscape. The post VanEck Set to Launch Ethereum Futures ETF Amid SEC’s Rapid Decisions! appeared first on COINOTAG NEWS .

Radix Babylon Upgrade Marks New Era for Web3 User and Developer Experience

Compound (COMP) just printed 9% growth amid boosted ecosystem sentiment

Singapore-based Crypto.com, known for its numerous sponsorship agreements and recognition in the cryptocurrency markets, has once again made headlines with its latest partnership. The exchange has announced a partnership with PayPal and Paxos to become the preferred platform for PayPal’s recently announced stablecoin project, PayPal USD. The post Crypto.com Announces Partnership with PayPal and Paxos for PYUSD appeared first on COINTURK NEWS.

The rise period in November 2021 was exciting. What triggered it, you may ask? The post Exciting Rise Period in November 2021: What Triggered It? appeared first on COINTURK NEWS.

The post Coinbase Granted Regulatory Approval for International Perpetual Futures Trading! appeared first on Coinpedia Fintech News Coinbase International Exchange has been granted regulatory approval by Bermuda’s financial regulator to enable non-US retail customers to trade perpetual futures. Eligible customers will soon have access to perpetual futures contracts on Coinbase Advanced. The company has been seeking to expand globally and announced its international exchange earlier this year. Perpetual futures is a derivative …

After waiting for a long time, fans finally have a quick look at Venom standing up against Miles Morales and Peter Parker in Marvel’s Spider-Man 2. Previously, Marvel’s Spider-Man: Miles Morales and Spider-Man by Insomniac Entertainment have been a huge success. Now, the gaming studio is back with another adventurous sequel full of action and ... Read more

London, England, September 28th, 2023, Chainwire Decentralized ledger platform Radix Publishing has celebrated the successful completion of its long-anticipated Babylon mainnet upgrade. The Babylon upgrade represents the end of the Olympia era and has been hailed by Radix as a game-changing moment for Web3 and the wider DeFi space. The Babylon mainnet upgrade has been ... Read more

In a recent tweet, Crypto Eri, a prominent XRP community influencer, shared exciting news regarding SpendTheBits, an XRPL-based crypto payment mobile app. Crypto Eri disclosed that SpendTheBits achieved consecutive victories in a contest hosted by Ripple. Specifically, SpendTheBits has again emerged as a victor in Ripple’s 2023 central bank digital currency (CBDC) Innovate Competition. Today!@SpendTheBits🥇has The post XRPL-based App SpendTheBits Wins Ripple CBDC Innovate Competition Back-to-Back first appeared on The Crypto Basic .

Kresus Super App selected as the official wallet partner on the Web 3 collectibles marketplace, Collectibles.com.

Binance grapples with a EUR trading halt after its banking partner, Paysafe, unexpectedly withdraws support.

One thing that has emerged that could influence the XRP price has been the possibility of Ripple carrying out an Initial Public Offering (IPO). This would mean that shares of the crypto firm would become publicly tradable like that of Coinbase’s COIN stock. However, even more prominent among investors is the possibility of how high the price of the shares could trade. Financial Expert’s Ripple Video Resurfaces The rumors had first begun with some members of the XRP community talking about a possible IPO. Like rumors are wont to do, it quickly took on a life of its own and grew from there. But the most interesting thing so far has been the resurrection of a video of financial expert Linda Jones talking about a possible valuation for Ripple. Related Reading: Analyst Presents 4 Charts That Prove Crypto Is Not Dead Jones had put forward a valuation of $5.7 billion for a possible stock, which placed the single share price at $35 apiece at the time, using data from the Linqto platform. She points to the XRP in circulation which comes out to over $21 billion. Given this, she believes that Ripple’s stock valuation at $35 is too low. Comparing Ripple to Coinbase which IPO’d at an $86 billion valuation, the financial analyst points out that Ripple stock would be valued much higher. She takes into account the market cap of the XRP supply as well, at which point she arrives at a $107 billion valuation. In this case, the value of Ripple stocks comes out to 20x higher than what they were valued at the time that the interview was made. This would put the Ripple stock at a value of around $600, but with the possibility of being higher as the expert points out Ripple’s valuation could reach as high as half a trillion. According to her, the company has what it takes to be considered a high-value company like Nvidia or Apple. What Happens To The XRP Price In This Case? If a Ripple stock were to be released and it reached as high as Jones’ calculations present, then there is more than enough reason for the XRP price to rocket alongside the stock price. In this case, Ripple would be the first public company to have a cryptocurrency, so there is really no historical data. However, some similarities can be drawn from Bitcoin’s connection to the stock price of Bitcoin mining companies. Related Reading: Crypto Analyst Predicts Huge Double-Digit Breakout For Bitcoin Price When the price of Bitcoin rallies, the stock price of Bitcoin mining companies have often followed suit. This is often because a surge in faith in one translates to a rise in faith in another. Applying the same logic to Ripple and a surge in the stock price would likely result in more interest in the underlying cryptocurrency, resulting in an increase in the XRP price. If the stock price eventually climbs above $600, then it is not out of the ordinary to expect the XRP price to cross $5 at least. Additionally, there would likely be a strong correlation in the performance of both assets, so a drop in one could mean a drop in the other, and vice versa. Token price rises above $0.5 once more | Source: XRPUSD on Tradingview.com Featured image from CoinMarketCap, chart from Tradingview.com

Radix Publishing, the creator of the decentralized ledger platform, has announced the successful conclusion of its much-awaited Babylon mainnet update. … Continued The post Radix Babylon upgrade enters new age for Web3 user and developer experience appeared first on Finbold .

Snook, new-gen version of legendary kill-or-be-killed arcade game Snake, kicks off on Arbitrum blockchain with native token rewards

Summary Grayscale Ethereum Trust currently trades at a 32% discount to Net Asset Value, potentially offering a 47% return if the discount closes. Recent court ruling favoring Grayscale Bitcoin Trust's ability to convert to an ETF suggests ETHE may follow a similar path. The SEC may not appeal the ruling due to its clarity and logic, and delays due to a potential government shutdown. Grayscale Ethereum Trust (ETHE) is a fund that holds the cryptocurrency Ether (ETH-USD). Currently that fund trades at a 32% discount to Net Asset Value. Hence if that NAV discount were too close to zero and the price of Ether was unchanged the fund could see a 47% return. With the recent court ruling last August that strongly favored sister fund Grayscale Bitcoin Trust's (GBTC) ability to convert to an Exchange Traded Fund, there's reason to think that ETHE may ultimately be on a similar path. The markets may be worried that we are still in the 45-day window for the SEC to appeal the ruling. However, the ruling appeared categoric and it's unclear how the SEC might challenge it successfully. Also, time is running out, if the government were to shut down on October 1, then the SEC would likely be operating with a " skeletal " staff according to Chair Gary Gensler. That would make it hard for the SEC to file a legal challenge after this Friday, if indeed the government does shutdown. The legal ruling came on August 29, 2023. 45 days after that is Friday, October 13. The SEC had already challenged the Ripple ruling by this point after the ruling, so there are reasons to think that the SEC may not challenge the ruling on spot Bitcoin ETFs. Let's unpack the logic of that assertion. The Ruling Appears Definitive Perhaps the strongest reason to believe an appeal is not coming is the ruling was pretty clear that spot products and futures products based on the same underlying instrument are basically the same thing and 99.9% correlated. Therefore for the SEC to allow a Bitcoin futures ETF and block a spot Bitcoin ETF was inconsistent. It's hard to see how the SEC argues against that logic, and they would need something to base an appeal on. It's unclear what the grounds for appeal are, the Ripple ruling was far more nuanced in comparison and importantly had follow on impacts to other areas of the SEC's work and legal battles, that's less true about the more focused spot Bitcoin ruling. The SEC Has Been (So Far) Slower To Appeal Compared To The Ripple Case The Ripple ruling was appealed on August 9 after a ruling on July 13. That's 27 days to appeal. If the SEC were on a similar timeline, they would have appealed the court's decision this Monday, September 25. Of course we're still close to that timing, such that an appeal could come this week, but if not then maybe an appeal is less likely. A Government Shutdown May Impede the SEC's Ability To Appeal Lastly, but significantly if no appeal is filed by this Friday and the government shuts down next Monday, then the SEC may not have the resources to mount an appeal before the apparent October 13 deadline. Of course, much depends on whether a shutdown occurs and how long it could last, but it's hard to see the SEC mounting a legal appeal without a full slate of working staff and even once the SEC staff are back, the backlog and disruption from any shutdown lasting more than a day or two, might impede the SEC getting a challenge launched before the deadline. What Happens Next If there is no appeal, then the SEC should ultimately follow the court's ruling and allow a spot Bitcoin ETF, likely from Grayscale and potentially many other providers. Of course, the ETFs themselves still needs to be reviewed and that's a slow process that the SEC has so far dragged its feet on and could easily take a few months. Plus it's likely that Grayscale may need a vote from fund holders in order to achieve a conversion. It's very likely that this would be supported, but it could add weeks to the process. Still, that should bring the NAV discount on the Grayscale Bitcoin Trust from 23% to zero, for an almost 30% return (notwithstanding any moves in the Bitcoin price). The reason is because ETFs have mechanisms to trade at NAV buy creating or redeeming units depending on the direction of the deviation from NAV. If you look at ETFs, you'll see that a deviation from NAV of even 1% is pretty unusual. The Implications For ETHE If the Grayscale Bitcoin Trust sees value in ETF conversion, then converting the Grayscale Ethereum Trust might be a logical next step. That's why the relatively wider discount on ETHE may be enticing here. The fate of both funds is likely similar. Risks Some have questioned whether Grayscale would really want to move away from fund structures with 2% annual fees to ETFs where fees are generally under 1%. There is certainly a risk that the funds do not convert to ETFs on that logic, however, if Grayscale maintains its fund structure it will likely lose assets to ETFs over time. Therefore, given the prospect of potential market share loss, Grayscale may be better served by leveraging its scale to create perhaps the largest ETFs in the spot cryptocurrency space and enjoying the growth there, even if revenue relative to assets does decline. There are still over two weeks for the SEC to appeal, and they may do so, especially if the government does not shut down. The SEC may accept the legal ruling, but find other ways to block a spot Bitcoin or Ethereum ETF on other procedural grounds if they wish to. As a regulator they do have substantial power and leeway, and it's quite rare for the courts to impede on that. Even if Grayscale embark on a spot Bitcoin ETF, a Ethereum ETF conversion may not follow. Grayscale funds are volatile following volatility in the cryptocurrency space and currently relatively high fee products. That creates risk for fund holders even if the NAV discount does close as returns need not be positive if the price of the underlying asset declines. Conclusion It is interesting that the NAV discounts for some of Grayscales fund products have widened recently despite the apparently positive legal ruling. The market may be expecting an SEC appeal of the ruling, which would push out any ETF conversion timeline and jeopardize conversion. However, the ruling appears robust and the SEC may be running out of time to appeal. Therefore, come next week, especially if there is a government shutdown it may make sense to look at Grayscales Ethereum Fund as Grayscale's major cryptocurrency may be on a path to close their discounts to NAV perhaps in the first half of 2024 with ETF conversion.

The post Crypto Market Shifts Focus to Chainlink (LINK) and Terra LUNA Ecosystem appeared first on Coinpedia Fintech News As Bitcoin grapples with short-term volatility in recent weeks, crypto-swing traders have been diversifying into altcoins, showing strong breakout potential. Notable choices among traders have included Chainlink (LINK) and the Terra LUNA ecosystem. Additionally, the uncertainty of a United States government shutdown looms large, driven by congressional disputes over rising national debt, digital asset regulations, …

Maker, Everlodge, and Chainlink have all surged over the past week after a recent rise in altcoin activity. Post increase, the number of investors buying Maker, Everlodge, and Chainlink has grown dramatically, which is expected to drive up their value again in October. Should current trends continue, Maker, Everlodge, and Chainlink could become some of ... Read more

Spurred on by user requests, traditional Bitcoin lending firm Ledn is rolling out an Ethereum yield product.

Lawyers argue that facilitating Kwon's presence in the U.S. is impossible. His detention in Montenegro hinders written testimony to the SEC, violating his due process rights.

The post Crypto Whales are Getting their Hands-On Shiba Budz (BUDZ) appeared first on Coinpedia Fintech News The world of cryptocurrency is witnessing a significant shift as crypto whales, the influential and wealthy investors, are turning their attention to Shiba Budz (BUDZ). With its groundbreaking TreeHouse gaming platform and unique offerings, Shiba Budz (BUDZ) has become a hot topic among the crypto community. In this article, we will explore how crypto whales …

Costco, the retail giant renowned for offering a wide range of products at discounted prices, has recently added an unexpected item to its inventory: 1-ounce gold bars. While the exact price is available only to Costco members, online discussions suggest that the bars were priced at just under $1,900. As of 1:30 p.m. UTC on

The crypto exchange has set its sights on global expansion amid ongoing legal challenges from the SEC in the U.S.

Are you a new investor in the crypto space or you are looking for which tokens to invest in? From three top gaming tokens, crypto experts have chosen one you should consider looking at. Which of Apecoin, Immutable, and Kangamoon is worth your investment? Don’t Miss Out On The Kangamoon (KANG) Presale – Reserve Your ... Read more

Miami, Florida, September 28th, 2023, Chainwire Supra has raised over $24m in private investment rounds. Supra has received investment from several multi-billion dollar prominent VCs including: Animoca, Coinbase Ventures, HashKey, Prosus Ventures, Razer, United Overseas Bank Venture Management, Valor Equity Partners, among many more. Supra is developing an innovative cross-chain oracle and “bridgeless” communication network ... Read more

In a significant legal development, the e-commerce giant Amazon is now facing an antitrust lawsuit filed by the Federal Trade Commission (FTC) in a federal court in Seattle. Alongside the FTC, attorneys general from 17 U.S. states are jointly pursuing allegations that Amazon has engaged in anticompetitive practices detrimental to both consumers and sellers. The ... Read more

The post XRP News: Ripple’s Big Event Tomorrow, CEO Brad Garlinghouse Fights SEC Bully appeared first on Coinpedia Fintech News In preparation for the big day tomorrow, Ripple CEO Brad Garlinghouse hails how their win is a win for crypto, highlighting the significance of the company’s partial victory against the U.S. Securities and Exchange Commission (SEC). Ripple is a live example for all the similar cases and a hope that if contested well, they have …

Supra Completes Over $24m in Early Stage Funding to Date

Theta Network and The Sandbox have lost several users and price gains to the crypto bear market. Despite their features and use cases, they have failed to retain investors’ interest. Currently, Theta Network And The Sandbox are moving to a new crypto project called Kangamoon. Let’s find out more. Don’t Miss Out On The Kangamoon ... Read more

In a recent announcement, Binance reported that Paysafe Payment Solutions Limited (Paysafe) has unilaterally ceased processing EUR deposits for its users. The unexpected decision has prompted Binance to issue a series of advisories, urging Paysafe users to take specific actions ahead of time. To mitigate potential disruptions, Binance advised Paysafe users to consider converting their The post Binance EUR Deposit Partner Bank Dumps Binance, Critic Reacts appeared first on Coin Edition .

The post Bitcoin and Solana Could Surge; 1,700% Rally Anticipated for InQubeta appeared first on Coinpedia Fintech News The cryptocurrency world has recently been a roller-coaster ride, with Bitcoin ($BTC) and Solana ($SOL) taking center stage. Bitcoin, the pioneer crypto for beginners, has been making waves with its gains this year, while Solana, a promising blockchain ICO platform, is poised for a surge. Amid these developments, a relatively new player, InQubeta ($QUBE), has …

According to fresh predictions, Shiba Inu (SHIB) will return to its glory days, but it could take a while. The bearish cryptocurrency market trend has taken its toll on most assets, including the popular Shiba Inu (SHB). Key product and feature releases by the Shiba Inu team have also been insufficient to muster a substantial The post Analytics Platform Predicts Shiba Inu to Gain 1,334%, Here’s When first appeared on The Crypto Basic .

Among the next wave of cryptos are Pomerdoge (POMD), Toncoin (TON), and Solana (SOL). Particularly noteworthy is Pomerdoge, a promising entrant currently in its presale phase. This article aims to delve into the potential these three contenders bring to the table, particularly emphasizing the opportunities presented by the Pomerdoge presale. Click Here To Find Out ... Read more

As the market observes a phenomenal 168% surge in the value of Pomerdoge (POMD), its counterparts, Pepe (PEPE) and ApeCoin (APE), are experiencing a rather turbulent phase. This high-altitude climb of Pomerdoge is even more noteworthy as it comes during the token’s presale phase, highlighting the early enthusiasm among investors for this emerging player in ... Read more

Coinbase and a group of crypto entrepreneurs went to Washington, D.C. to convince lawmakers to provide regulatory clarity for the industry.

Shiba Inu's Uptober? SHIB price history hints at jaw-dropping 420% rally

Following recent price surges, investors are accumulating Immutable X (IMX) and Everlodge at record rates. Both projects gained significant momentum throughout September, and are now expected to rally again in October. Their recent price increases have also attracted crypto whales, who are now driving up the price of both projects. Here’s why Immutable X and ... Read more

The post 3 Tokens That are Changing the Landscape of Crypto: Shiba Budz (BUDZ), Dogecoin (DOGE) & Solana (SOL) appeared first on Coinpedia Fintech News Cryptocurrencies have revolutionized the financial world, offering decentralized solutions and disrupting traditional systems. Among the vast array of tokens available, three tokens have emerged as major players in the crypto landscape: Shiba Budz (BUDZ), Dogecoin (DOGE), and Solana (SOL). Each of these tokens brings unique features and innovations transforming the industry. Shiba Budz: Revolutionizing Blockchain …

Crypto’s environmental credentials have been bolstered with the news that the EOS Network Foundation is leading a campaign to transform EOS into a green blockchain. Not content with being carbon neutral, the chain will go a step further to become ‘climate positive.’

The average daily volume of digital asset investment products plunged to $175 million in September, the lowest level recorded in 2023.

On September 27, 2023, statistics indicate that 13 cryptocurrency exchanges possess assets under management (AUM) exceeding $1 billion, collectively constituting 14.39% of the crypto economy’s total value of $1.05 trillion. Among these 13 digital currency trading platforms, Binance stands out by maintaining a 42.81% share of the $151.08 billion in cryptocurrency reserves. A Handful of

2023 has not been the best year for centralized crypto exchange tokens. Regulatory actions have taken their toll on Huobi Token and BNB. While these top CEX tokens continue to struggle, investors are turning their attention to Tradecurve Markets (TCRV). The hybrid exchange model of TCRV solves the issues that have plagued centralized exchanges. >>Register ... Read more

As most assets in the cryptocurrency market are back in the sideways trading mode, XRP has been no exception, but … Continued The post XRP price breakout in the cards as key pattern forms appeared first on Finbold .

The post Crypto.com and PayPal Join Forces to Boost PYUSD Trading appeared first on Coinpedia Fintech News In terms of PYUSD trading pairings internationally, Crypto.com presently has the deepest liquidity, according to a press release from September 28. PYUSD has launched on the exchange for institutional and retail customers, with “trading features coming soon.” According to a press statement, this action builds on PayPal and Crypto.com’s prior collaboration, which included a choice …

The post Whales Are Buying Everlodge, Axie Infinity, Floki, and: Which Crypto Can Provide Them with the Most Gains in 2023? appeared first on Coinpedia Fintech News Whales are massively buying Axie Infinity (AXS), Floki (FLOKI), and Everlodge (ELDG). But why did these three become favored out of the thousands of altcoins available? To find out, we will look at their on-chart data. Summary Axie Infinity can increase to $7.73 by the end of Q4 Floki can surge in value to $0.00002778 …

The WTI oil has surged by 30% this quarter. The rally could feed into inflation, forcing central banks to keep rates elevated for longer than expected.

Discover the future of data management with “Stratos: Decentralizing Data Infrastructure.” In this expert article, we delve into the revolutionary approach of Stratos, exploring its core features and potential to transform how we store, secure, and utilize data in an increasingly interconnected world. In the realm of decentralized data with Stratos, Granimator opens a gateway ... Read more