Today at Chaintalk News

September 28, 2023

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Everlodge (ELDG) Stunds With a Stellar Presale Performance, Lazarus Group Now a Tron (TRX) Whale, BIT Launches Filecoin (FIL) Options Trading

The Lazarus Group has become a Tron whale, and BIT has launched Filecoin options trading. Additionally, Everlodge has outstanding presale performanc
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Crypto Prices Today: 4 Altcoins to Watch for Great Trades

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 .
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Microsoft Planning Crypto Wallet for Xbox

An unintentional leak of private and confidential information related to Xbox shows plans for the integration of a crypto wallet.
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Giant Cryptocurrency Exchange Announces It May Sell Large Amounts of Ethereum Soon

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
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VanEck Set to Launch Ethereum Futures ETF Amid SEC’s Rapid Decisions!

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

Radix Babylon Upgrade Marks New Era for Web3 User and Developer Experience
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Compound (COMP) Spikes 9%, Here are 2 Likely Reasons

Compound (COMP) just printed 9% growth amid boosted ecosystem sentiment
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Crypto.com Announces Partnership with PayPal and Paxos for PYUSD

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.
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Exciting Rise Period in November 2021: What Triggered It?

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.
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Coinbase Granted Regulatory Approval for International Perpetual Futures Trading!

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 …
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Marvel’s Spider-Man 2 Footage of Venom Vs. Miles and Peter Released

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

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
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XRPL-based App SpendTheBits Wins Ripple CBDC Innovate Competition Back-to-Back

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 .
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Kresus Enters Strategic Collaboration With Collectibles.com As Leading Wallet Partner

Kresus Super App selected as the official wallet partner on the Web 3 collectibles marketplace, Collectibles.com.
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Binance halts EUR trading for these users

Binance grapples with a EUR trading halt after its banking partner, Paysafe, unexpectedly withdraws support.
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IPO Frenzy: What Happens To XRP Price If Ripple Stock Climbs To $600?

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
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Radix Babylon upgrade enters new age for Web3 user and developer experience

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 .
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Snook Crypto-Fueled Game Lands on Arbitrum L2

Snook, new-gen version of legendary kill-or-be-killed arcade game Snake, kicks off on Arbitrum blockchain with native token rewards
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Grayscale Ethereum Trust's Widening NAV Discount May Create Opportunity

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.
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Crypto Market Shifts Focus to Chainlink (LINK) and Terra LUNA Ecosystem

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, …
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3 Cryptocurrencies Pumping Right Now – Maker (MKR), Everlodge (ELDG), Chainlink

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
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Bitcoin lender Ledn to roll out ETH, USDT interest accounts

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

Bitcoin lender Ledn to roll out ETH, USDT interest accounts

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

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Terraform Labs Founder Do Kwon Seeks Dismissal of SEC’s Interrogation Request

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.
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Crypto Whales are Getting their Hands-On Shiba Budz (BUDZ)

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 …
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Costco’s Midas Touch: 1-ounce Gold Bars Are Flying Off the Shelves

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
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Coinbase Rolls Out Futures Trading for Retail Crypto Traders Globally

The crypto exchange has set its sights on global expansion amid ongoing legal challenges from the SEC in the U.S.
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Experts Pick the Best Gaming Tokens for New Investors – Apecoin, Kangamoon, Immutable

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

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
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Amazon Faces Major Antitrust Lawsuit from FTC and 17 States, Accused of Stifling Competition

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
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XRP News: Ripple’s Big Event Tomorrow, CEO Brad Garlinghouse Fights SEC Bully

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

Supra Completes Over $24m in Early Stage Funding to Date
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Theta Network and The Sandbox Investors Move To Kangamoon for 220% ROI in 2023

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
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Binance EUR Deposit Partner Bank Dumps Binance, Critic Reacts

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 .
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Bitcoin and Solana Could Surge; 1,700% Rally Anticipated for InQubeta

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 …
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Analytics Platform Predicts Shiba Inu to Gain 1,334%, Here’s When

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 .
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Riding the Next Crypto Wave: Pomerdoge (POMD), Toncoin (TON), and Solana (SOL) Stake Their Claim

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
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As Pomerdoge (POMD) Celebrates a 168% Jump, Pepe (PEPE) and ApeCoin (APE) Navigate Choppy Waters

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
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Coinbase campaign for sensible crypto policies hits coffee cans to ‘wake up’ regulators

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

Coinbase campaign for sensible crypto policies hits coffee cans to ‘wake up’ regulators

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

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Shiba Inu (SHIB) Price History Hints at Epic 420% Surge in October

Shiba Inu's Uptober? SHIB price history hints at jaw-dropping 420% rally
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Whales Are Accumulating Everlodge and Immutable X in Record Numbers, Why?

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
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3 Tokens That are Changing the Landscape of Crypto: Shiba Budz (BUDZ), Dogecoin (DOGE) & Solana (SOL)

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 …
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EOS Network Foundation and Upland Create ‘Climate Positive’ Blockchain Network

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.’
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Digital asset products find September unfavorable – Why?

The average daily volume of digital asset investment products plunged to $175 million in September, the lowest level recorded in 2023.
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13 Crypto Exchanges Hold Over 14% of Industry’s Wealth; Binance Dominates with 42% Share of $151B in Reserves

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
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Crypto Traders Turn To Tradecurve Markets as Huobi Token and BNB Fail To Break Out of Bearish Pressure

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
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XRP price breakout in the cards as key pattern forms

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 .
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Crypto.com and PayPal Join Forces to Boost PYUSD Trading

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 …
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Whales Are Buying Everlodge, Axie Infinity, Floki, and: Which Crypto Can Provide Them with the Most Gains in 2023?

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 …
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Crypto Observers Warn of Risk Aversion as Oil Prices Top $93

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.
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Stratos Initiative: Pioneering Decentralized Data Infrastructure

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
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cointelegraph

Tottenham Hotspur taps Chiliz blockchain for Web3 fan token

Spurs became the first Premier League team in two years to issue its own fan token on the Chiliz blockchain.

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cointelegraph

Coinbase International launches perpetual futures trading for retail customers

The recent regulatory approval for Coinbase’s international subsidiary comes within a month of getting the NFA nod to offer crypto derivatives services to institutional clients in eligible U.S. states.

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cointelegraph

FTX founder’s plea for temporary release should be denied, prosecution says

Sam Bankman-Fried’s renewed request for temporary release from jail before his upcoming trial should be denied, according to the U.S. government.

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cointelegraph

Bitcoin halving to raise ‘efficient’ BTC mining costs to $30K

Bitcoin miners may see “severe” economic consequences from BTC price action staying below $30,000 after the 2024 halving, Glassnode warns.

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cointelegraph

Europe drives institutional crypto adoption: Blockchain Expo Amsterdam

Conversations with key speakers at the Blockchain Expo Europe in Amsterdam suggest that cryptocurrency exchanges and companies see the continent as a key region for growth.

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cointelegraph

Crypto.com to become preferred exchange for PayPal USD

PayPal launched its U.S. dollar-backed stablecoin in August 2023.

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cointelegraph

France, Singapore and Switzerland test cross-border CBDCs

Project Mariana was developed under the aegis of the Bank for International Settlements.

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cointelegraph

Celsius valuation advisor approves value of debtors’ assets and liabilities

Stout Risius Ross, the valuation advisor for Celsius Network, confirmed the accuracy of the bankrupt firm’s valuation report.

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cointelegraph

Brazil’s crypto surge prompts central bank to tighten regulation

According to the central bank’s data, from January to August 2023, imports of crypto rose by 44.2% compared with the same period in 2022.

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cointelegraph

Is Bitcoin price going to crash again?

Bitcoin is still down 60% from its November 2021 all-time high, so many traders wonder if the BTC price could crash further in the coming months.

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cointelegraph

Binance urges users to convert euros to USDT after Paysafe debank

Binance’s European debanking woes continue as it urges Paysafe users to convert their euros to digital dollars.

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cointelegraph

5 lowlights of Gary Gensler’s evasive testimony before Congress

The U.S. SEC chief was asked whether the purchase of Pokemon trading cards is a security transaction and whether Bitcoin is a commodity.

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cointelegraph

Mark Zuckerberg reveals Meta AI chatbot, his answer to ChatGPT

The new AI assistant, Meta AI, will be initially available from Sept. 27 for a limited group of U.S.-based users.

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cointelegraph

Ethereum futures ETFs could start trading next week — Bloomberg analyst

An impending U.S. government shutdown may be accelerating the launch of Ether futures ETFs, analysts suggest.

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cointelegraph

Do Kwon says SEC’s extradition request is impossible

The Terraform Labs co-founder has pushed back against the SEC’s request to question him in the United States.

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cointelegraph

Bitcoin miner Marathon mines invalid block in failed ‘experiment’

Marathon said the bug emanated from its experimental mining pool used to research ways to optimize operations.

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cointelegraph

Minecraft bans Bitcoin P2E, iPhone 15 & crypto gaming, Formula E: Web3 Gamer

Microsoft bans play-to-earn Bitcoin Minecraft server Satlantis, iPhone 15 has big potential for crypto gaming, Formula E preview, and more.

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cointelegraph

SEC pushes deadlines for ARK 21Shares, VanEck spot Ether ETF applications

The commission also designated a longer period to decide on spot Bitcoin ETF applications from ARK 21Shares and Global X on Sept. 26.

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cointelegraph

Former CEO of sham crypto miner IcomTech pleads guilty to wire fraud for Ponzi scheme

Former IcomTech head Marco Ochoa is the latest crypto fraudster to face charges.

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cointelegraph

ChatGPT can now browse the internet, no longer limited to info from 2021

The browsing update is limited to Plus and Enterprise subscribers for now but will roll out to all users “soon,” says OpenAI.

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cointelegraph

SEC’s Gensler taken to task over crypto custody guidance again in House hearing

The SEC’s controversial Staff Accounting Bulletin 121 has received much criticism since its publication in March 2022.

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Crypto exchange Kraken plans move into US stock trading: Report

The firm reportedly acquired a broker-dealer license from the U.S. Financial Industry Regulatory Authority as part of the expansion plan.

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Bitcoin price holds steady as S&P 500 plunges to 110-day low

The S&P 500 dropped to a 110-day low as the market digested what “higher for longer” meant for stocks. Will Bitcoin begin to chart its own path?

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cointelegraph

SEC’s Gensler is loyal to banks, not an impartial regulator — Rep. Tom Emmer

During a hearing on Sept. 27, Emmer hinted that Gary Gensler’s Wall Street background limits his impartiality as an industry regulator.

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cointelegraph

UK politicians enter the metaverse, mainstream media says NFTs are worthless: Nifty Newsletter

British politicians went to the metaverse to discuss the benefits and potential challenges that Web3 technology brings.

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cointelegraph

Uniswap Foundation targets $62M in additional funding

The foundation plans to issue $15 million per year in community grants to fund DeFi projects.

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cointelegraph

IBM, Microsoft, others form post-quantum cryptography coalition

The coalition includes Google’s sibling company SandboxAQ and the University of Waterloo.

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cointelegraph

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

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