Crypto Asia Summit #3 :Day 1 Report

U.S. Rep. Don Beyer, a Democrat from Virginia, is spearheading legislation to bring transparency to off-chain crypto transactions. The proposed bill seeks to compel major crypto exchanges to share their internal transaction data with centralized repositories. This move is designed to allow regulatory bodies like the Commodity Futures Trading Commission (CFTC) and the Securities and ... Read more

Despite some analysts noting why XRP is unlikely to end on a high, certain macro (and micro) factors could significantly impact the token’s price and possibly see it enjoy the same trajectory it did following Judge Analisa Torres’ ruling in favor of Ripple. SEC-Related Factors Could Impact XRP Price On August 17, the US Securities and Exchange Commission (SEC) was given approval by Judge Analisa Torres to file its motion seeking an interlocutory appeal against her ruling at the Court of Appeals. Related Reading: IPO Frenzy: What Happens To XRP Price If Ripple Stock Climbs To $600? However, this wasn’t an approval of the SEC’s appeal, and that is something that everyone in the XRP community is currently anticipating, as the court can either choose to accept or reject the appeal after considering the grounds for appeal and whether it meets the requirements needed to allow it. As a former SEC official Marc Fogel noted, the specific requirements for an interlocutory appeal are “hard to meet,” and the odds seem to be against the SEC. As such, the court is expected to deny the SEC’s request for an interlocutory appeal. If that happens, we could see XRP again enjoy most of the gains it saw following Judge Torres’ ruling when the token’s market cap rose significantly, overtaking Binance’s BNB to become the fourth-largest crypto by market cap (although it has dropped back to 5th). Another factor that could spark an upward trend for XRP is if a settlement between Ripple and the SEC becomes more feasible. Stakeholders in the crypto community have commented on the possibility of this happening and factors that could prompt both parties to settle. Pro-XRP legal expert John Deaton once stated that a settlement could happen this year if Judge Failla granted Coinbase’s motion to dismiss the SEC’s lawsuit against it. If that were to happen, the Judge would likely be adopting Judge Torres’ ruling that programmatic sales do not constitute investment contracts and crypto tokens bought through exchanges cannot be labeled as one. It is believed that this could force the SEC into settling as it will become more established (especially if its interlocutory appeal was rejected alongside) that it doesn’t have jurisdiction over token sales on exchanges as they do not constitute investment contracts. Related Reading: Analyst Presents 4 Charts That Prove Crypto Is Not Dead A more interesting factor that could force the SEC into a settlement is the revelations (and future ones) being made about the ETH Gate. As a form of damage control, the Commission could propose a settlement with Ripple rather than dragging the case to trial, where its credibility could be jeopardized. The SEC proposing a settlement (not necessarily in the public eye) will be considered a major win for Ripple. It could restore investors’ confidence in the ecosystem, leading to a price increase in the XRP token. XRP continues the recovery trend to rest above $0.51 | Source: XRPUSD on Tradingview.com Ripple’s Expansion Plans Ripple has proven not to be deterred by the long-running battle against the SEC as the crypto firm has continued to build amidst it. In fact, the company’s President, Monica Lang, recently mentioned that the court case (following Judge Torres’ ruling) has helped them to expand their business not just in the US but “even more globally.” According to her, the ruling gave the company much-needed clarity, especially amid regulatory uncertainty. With this in mind, the company can map out a proper framework going forward, bearing in mind that Judge Torres had ruled that XRP isn’t a security in itself. On the back of Judge Torres’ ruling, Ripple’s general counsel Stuart Alderoty had revealed to CNBC in an interview that Ripple could potentially begin talks with US financial firms about them adopting Ripple’s On-Demand Liquidity (ODL) product, which can be used to facilitate cross-border transactions. Related Reading: Ripple CTO Addresses Bitcoin Adviser’s Claims That XRP Is Centralized If this were to happen, it would undoubtedly represent a bullish signal for the XRP community. Although Ripple and XRP have enjoyed outstanding success overseas (especially in Asia), many still believe that more work needs to be done to penetrate the American market. Therefore, a move like that could convince investors of the great strides the company is making in America. Meanwhile, there are also rumors of Ripple going public. Ripple is set to hold its “proper victory party” on September 29 in New York, and many in the XRP community speculate that the crypto firm could announce its initial public offering (IPO) plans at the event. Such an announcement will be huge and could generate more buzz and interest in the company, with XRP’s price being a beneficiary of this news. XRP is currently trading at $0.50, up by close to 2% in the last twenty-four hours as anticipation towards the party builds up. Featured image from Finbold, chart from Tradingview.com

Sam Bankman-Fried – the now disgraced former executive of the fallen crypto exchange FTX – is heading to jail. The judge overseeing his case has stated he is guilty of violating the terms of his bail too often. It’s also believed that Bankman-Fried has attempted to tamper with witnesses while away from prison. It’s Jail The post Former Crypto Exec Sam Bankman-Fried Heading to Prison appeared first on Live Bitcoin News .

The primary reason many people get into the crypto space is to build riches, and these cryptocurrencies, Avalanche(AVAX) and Bitcoin Spark (BTCS) have emerged as two contenders, each having unique features and potential for those seeking the path to riches. This content examines AVAX and BTCS’s prospects and current events. Avalanche Recovery (AVAX) Avalanche, AVAX,

EIP-7503, or zero-knowledge wormholes, pitched by Ethereum (ETH) enthusiasts on ACDE 171

For every tokenized t-bill an investor purchases, OpenTrade will be buy an actual treasury bill and provide an on-chain identifier it.

Circle, the issuer of the stablecoin USD Coins, has weighed in on the ongoing dispute between the US Securities and Exchange Commission and Binance. According to reports, the Commission has filed a lawsuit against Binance for offering unregistered securities to its consumers. This includes BNB and BUSD provided by BAM Trading, a BInance affiliate. Also …

Gemini, one of the major cryptocurrency exchanges, takes a pause in the Netherlands due to unforeseen regulatory pressures. Will they manage to navigate the European Union's complex crypto regulations? The post Gemini Halts Operations in Netherlands Amidst Regulatory Concerns appeared first on COINOTAG NEWS .

Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple, has joined the voices expressing their disappointment with SEC Chair Gary Gensler’s testimony before Congress. As Ripple continues its legal battle against the United States Securities and Exchange Commission (SEC) regarding the classification of XRP, Alderoty scrutinizes Gensler’s remarks during the hearing, particularly his elusive answers The post Ripple CLO On SEC Chair’s Evasive Testimony: “Gensler Didn’t Know What Hit Him” appeared first on Times Tabloid .

In a bid for supremacy in the rapidly advancing field of artificial intelligence, French billionaire Xavier Niel, chairman of the Iliad group, has set the stage for an intense competition by announcing the hosting of a groundbreaking AI conference in Paris. Simultaneously, across the English Channel, the United Kingdom is gearing up for its own ... Read more

In the last week of September, two huge regulatory entities, the Dubai virtual assets regulatory authority and DIFC (Dubai International Financial Center) in the UAE announced updates in their crypto regulations, targeting digital assets, security tokens and stablecoins. Dubai’s Virtual asset regulatory authority (VARA) updated its virtual asset rulebook and added new regulations with regards ... Read more

As the US Dollar Index fell from its peak of 106.8 points, Bitcoin's price gained momentum, now trading above $27,000! The post While the US Dollar Index Weakens, Bitcoin Aims to Hold Above $27,000! appeared first on COINOTAG NEWS .

The post Ripple Proper Party Speculation: Settlement, IPO, or XRP Futures Contracts? appeared first on Coinpedia Fintech News The Ripple community, often referred to as the XRP Army, is on their toes as Ripple hosts a celebration party in New York. There is serious speculation going on as the Ripple Party may open some major curtains and projects in the party tonight said Collin Brown, a pro-XRP blockchain researcher. Settlement, IPO or XRP …

Ripple has been selected as a potential technology partner for the second Central Bank Digital Currency (CBDC) pilot project. Continue Reading: Support for Ripple (XRP) from the Central Bank of Georgia!

Blockchain company Fireblocks, which is backed by Sequoia Capital, has acquired BlockFold for a reported $10 million

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Chainlink. Ethereum (ETH) This week is ending with good news for Ethereum investors. The price has reclaimed its place within the ascending triangle and booked a 4.8% gain in the past seven days. It was critical for ETH to get back into

Bitcoin continued to trade above the $27,000 level on Friday, after a surge beyond this point towards the end of yesterday’s session. Ethereum rallied to a one-week high. Bitcoin Bitcoin remained above the $27,000 level on Friday, following a late rise in bullish sentiment towards the end of Thursday’s session. Following a low of $26,424.95

Gemini said it is taking the step "due to requirements imposed by the De Nederlandsche Bank (DNB),"

The post Bitcoin Holds Steady as Markets Await Formal Ether ETF Approval appeared first on Coinpedia Fintech News Bitcoin prices trended sideways above $27,000 on Friday as cryptocurrencies waited on a potential catalyst from the launch of a formal ether futures exchange-traded fund (ETF). The long-awaited VanEck Ether ETF moved closer to approval this week, buoying crypto markets optimistic for increased investment inflows. Ether saw solid 4.5% gains ahead of the prospective ETF …

The post Cosmos $ATOM and THORCHain $RUNE Lose Momentum, $ROE Delivers 50% Gains appeared first on Coinpedia Fintech News Cosmos ($ATOM) has slowed down despite recent developments on its network. On the other hand, THORChain ($RUNE) is mildly unstable after a significant drop in its market activity. Yet, Borroe.Finance ($ROE) is still rising, offering a 50% profit for the early investors. How do Cosmos and THORChain have to perform to compete with Borroe.Finance? Cosmos …

The eagerly awaited core personal consumption expenditures data, which is a priority inflation indicator for the Fed, was recently released in the US, along with the global markets. It is known that the Fed takes into account the core personal consumption expenditures data, excluding food and energy, when making interest rate decisions. The post Fed’s Priority Inflation Indicator Revealed: Core Personal Consumption Expenditures appeared first on COINTURK NEWS.

The post Gemini Exchange Withdraws From Netherlands Over Regulatory Roadblocks appeared first on Coinpedia Fintech News Major cryptocurrency exchange Gemini announced it will cease operations in the Netherlands next month due to an inability to satisfy regulatory requirements imposed by the country’s central bank. The New York-based exchange advised Dutch users this week to withdraw or transfer any funds by November 17th, when its services will shut down. In a letter …

Despite experiencing one of the worst inflations of all time, the US dollar remains very strong: Bitcoin has managed to dethrone the US dollar! The post The US Dollar Outperforms G20 Currencies: What About Bitcoin? appeared first on COINOTAG NEWS .

Tether, a leading stablecoin in the cryptocurrency market, faces a stability test amid industry volatility. Stablecoins like Tether remain stable by pegging to assets like the US dollar, making them popular among traders and investors seeking reliability during turbulent times. While Tether’s dominance may face challenges from emerging stablecoin projects, its significant market share suggests …

In fiery clash, financial titans Nassim Taleb and 'Rich Dad Poor Dad' author Robert Kiyosaki lock horns over asset's true value

VanEck, investment manager, is intensifying its promotional activities for its imminent Ether (ETH $1,656) futures exchange-traded fund (ETF), anticipated by some experts to be launched as early as October 2. The firm has recently unveiled two “Enter the Ether”-themed TV commercials, indicating that its Ethereum Strategy ETF, labeled EFUT, is on the horizon. On September ... Read more

The team behind Multichain, which was shaken by the $130 million hacking incident, surprisingly announced a new project. Continue Reading: The Team Behind the Hacked Project Announced That They Started a New Project!

The highly-anticipated 2023 Anniversary Event for Overwatch 2 experienced a stumbling block when developers identified inconsistencies in Credit rewards, prompting them to disable the feature. Players across the globe were eager to tackle challenges and earn rewards, only to find that the Credit rewards were inconsistent. Decision taken by Overwatch 2 developers Addressing the issue ... Read more

Amid the tiresome tango between the U.S. Securities and Exchange Commission (SEC) and crypto enthusiasts waiting for a clear green light on Bitcoin ETFs, Valkyrie chooses not to put all its eggs in one basket. The asset management firm reveals a forward-thinking strategy to incorporate Ether futures into its portfolio for U.S. investors, leveraging its ... Read more

The post XRP Stands Strong as Ripple Makes NBG’s Shortlist appeared first on Coinpedia Fintech News In a noteworthy stride toward the future of digital banking, Ripple has secured a spot on the National Bank of Georgia’s (NBG) exclusive list for their next Central Bank Digital Currency (CBDC) venture. The recent selection showcases Ripple’s growing impact in the realm of innovative banking solutions. Rising to the Challenge NBG’s recent endeavors signal …

Ripple's price suddenly exploded and is now eyeing the critical $0.55 level.

GMX, a decentralized futures exchange, awarded the Collider team $1 million for finding a bug in its debt tracking system

Valkyrie Funds introduces Ethereum futures, bringing innovation and potential for growth to the cryptocurrency market.

Clay thinks Proposal 11820 could hurt the growth of the Terra Classic community. The ClayBro host believes the industry’s current situation is not ideal for uncalculated spending. Proposal 11820 is crucial and could shape the future of the Terra Classic ecosystem. According to Clay, the host of the ClayBro YouTube investment channel, passing the Terra The post Proposal 11820 Could Drain Terra Classic Community Pool: Opinion appeared first on Coin Edition .

The crypto market shows strong recovery with key players like Bitcoin and Ethereum leading the surge, primarily influenced by Ethereum futures ETF news and a weakening dollar. The post Crypto Surge: Ethereum Futures ETF and Dollar Weakness Uplift Market appeared first on COINOTAG NEWS .

In a world captivated by the promises and perils of artificial intelligence, the latest discourse revolves around the potential transformation of higher education. The groundbreaking book, “All-in On AI: How Smart Companies Win Big with Artificial Intelligence” by Tom Davenport and Nitin Mittal, delves into the myriad ways companies are leveraging AI for strategic advantage. ... Read more

Friday 29th September 2023 – The Bitcoin price is defying macro gloom to put on a 3% gain as it recaptures $27,000, but it is yield-bearing Bitcoin Minetrix ($BTCMTX) that’s raised $200,000 and could be the biggest winner. Bitcoin, after briefly slipping below $25k last month and struggling to make headway since peaking at 27,431 on September 19th, is threatening to retake that near-term high.... Read More: Bitcoin Price Jumps 3% to Defy Macro Headwinds, But Bitcoin Minetrix Raises $200,000 and Is the Real Inflation Beater

London, United Kingdom, September 29th, 2023, Chainwire Having already raised $500K in less than 48 hours, Memeinator has already stormed through to stage 3 of its presale, on its relentless mission to redefine the meme coin sector. The project’s grand vision was born from the frustration of seeing relentless false promises and overhyped coins that were endless

In a trading atmosphere characterized by meticulous strategies and keen observers, the Launchpad of $UMM

Binance’s buyer in Russia, CommEx, has been developing its platform for six months and has onboarded some ex-Binance employees, the firm said.

The fluctuating price of Bitcoin continues despite ETF rejections. At the time of writing, the price is at $27,000, a level that has been tested several times. The post Expert Predictions for KAS, RNDR, ALGO, and VRA Coin: Price Analysis appeared first on COINTURK NEWS.

In a groundbreaking podcast, Mark Zuckerberg, the CEO of Meta, formerly known as Facebook, provided an exciting glimpse into the future of the metaverse. Collaborating with AI researcher Lex Fridman, Zuckerberg showcased Meta’s Reality Labs’ latest innovation: hyper-realistic “codec avatars.” These digital doppelgangers can capture the most subtle facial expressions and body language, bringing a ... Read more

Pepe records a strong seven-day price performance in spite of recent controversies.

Ethereum developers have relaunched the Holesky testnet after its initial rollout on Sep. 15 failed due to significant network misconfigurations

In a groundbreaking display of support for cancer treatment, popular crypto artist Trevor Jones has raised nearly £114,000 through an NFT art exhibition and auction held at the annual Web3 Castle Party near Paris. The funds were donated to Maggie’s Edinburgh, an institution dedicated to providing free cancer treatment and support. This remarkable crypto contribution ... Read more

Against the backdrop of global economic normalization in 2023, the trading activity of forex traders has increased, and the market is thriving. Novice investors actively enter the market, and the “dividend” drives an active trading atmosphere. This summit aims to build a platform for communication among Southeast Asian forex traders, professional traders, KOLs, educational institutions, …

The number of addresses holding at least 1 Bitcoin reached a new record today, according to Glassnode data: Is further rise on the way? The post Addresses Holding at Least 1 Bitcoin Reach a New Record: Investors Remain Optimistic! appeared first on COINOTAG NEWS .

Earlier this year, the European Commission (EC) made a significant stride by proposing a comprehensive legal framework set to usher … Continued The post ECB chief says the digital euro CBDC will not be ‘entirely anonymous’ appeared first on Finbold .

With October around the corner, Bitcoin and Ethereum appear to be returning to better form.

Crypto.com exchange is collaborating with PayPal and Paxos to further the development of PYUSD stablecoin