Today at Chaintalk News

September 28, 2023

Bitcoin Mild Recovery, India’s Crypto Scene Flourishing, and Asia’s Crypto Surge: This Week in Crypto

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Revolutionary Tracking Method Unleashes the Power of AI to Monitor Animal Behavior

In a groundbreaking development, scientists have introduced a cutting-edge non-invasive movement tracking method known as GlowTrack. This innovative technique utilizes fluorescent dye markers to train artificial intelligence (AI) systems for capturing the intricacies of movement, ranging from the digit of a single mouse to the complexity of the human hand. The implications of GlowTrack extend ... Read more
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Bitcoin’s Long-Term Holders Become Greedy As BTC Flashes Upward Volatility At $26,500

The post Bitcoin’s Long-Term Holders Become Greedy As BTC Flashes Upward Volatility At $26,500 appeared first on Coinpedia Fintech News Over the last few hours, Bitcoin price has taken the spotlight as it flashes extreme upward volatility near resistance levels. BTC surged beyond the $26,800 mark but made extreme selling pressure at this point. This swing unveiled interesting on-chain trends, as long-term holders seemed to leverage Bitcoin’s rising volatility. As Bitcoin is now again flashing …
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Analytics Firm Matrixport: “The Real Bull in 2024 Will Be in This Field of Bitcoin”

Cryptocurrency services provider Matrixport made an interesting claim about the Bitcoin market in 2024 in its statement. Continue Reading: Analytics Firm Matrixport: “The Real Bull in 2024 Will Be in This Field of Bitcoin”
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Funko and Marvel celebrate Iron Man’s 60th anniversary with new NFT collection

Influential pop culture lifestyle brand Funko, alongside digital collectibles platform VeVe, has unveiled a brand-new collaboration with Marvel. Scheduled to launch on October 18, this collection celebrates 60 years of the iconic character Iron Man. Iron man collectibles The partnership…
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LBank concludes its launchpad for MetaExpand with 52,186,338 USDT

LBank recently concluded its Launchpad for MetaExpand, securing a total investment of 52,186,338 USDT from
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Brazil’s Central Bank Lobbies for Tighter Crypto Regulation

Brazil’s central bank governor wants the country to tighten crypto regulation to curb tax evasion, among other vices.
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Genesis went bankrupt months after Gemini reportedly withdrew $282M in crypto

Gemini Trust Co., a crypto exchange, reportedly withdrew $282 million from Genesis Global Holdco LLC months before Genesis filed for bankruptcy
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The Future of Shiba Inu: Will SHIB Rise on Halloween?

As we approach the end of September, Halloween enthusiasts are already making plans and choosing costumes for the scariest holiday of the year. However, crypto traders have other concerns on their minds, such as predicting the future price of Shiba Inu (SHIB). The post The Future of Shiba Inu: Will SHIB Rise on Halloween? appeared first on COINTURK NEWS.
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VanEck Announces Launch of Ethereum Strategy ETF

Interest in the cryptocurrency markets remains weak, with CoinShares reports indicating continued net outflows through trusts and other funds. The net outflows from institutions are a result of macro pressures and have been ongoing for the past six weeks. The post VanEck Announces Launch of Ethereum Strategy ETF appeared first on COINTURK NEWS.
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Major TradFi Player VanEck Readies Ethereum Futures ETF

VanEck Ethereum Strategy ETF (EFUT) will invest in ETH futures contracts traded on commodity exchanges registered with the CFTC.
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Snook Expands to Arbitrum, Launches USDC Rewards and More

Snook charts a new course for Web3 games by expanding to Arbitrum.
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City of Buenos Aires launching blockchain-based digital ID service

The local government of Buenos Aires has launched a digital ID service that utilizes blockchain for storing marriage and death certificates.
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What Are Crypto Futures, Coinbase's Latest Offering?

Futures contracts have a long and storied history—but for Bitcoin traders, they’ve unlocked new strategies.
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Just Announced: Finalists for $1 Million in Seed Funding by Samara Alpha Management, Bitcoin Magazine PRO

Three fund managers have advanced to the final stage in competing for $1 million in seed funding for their fund to generate alpha in the bitcoin market. The winner to be announced at the Bitcoin Amsterdam Conference.
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Fluorescent Dye Markers Revolutionize AI-Based Movement Tracking Methodology

In a groundbreaking development, Associate Professor Eiman Azim and his research team have unveiled GlowTrack, a revolutionary non-invasive movement-tracking method that employs fluorescent dye markers to train artificial intelligence systems. This cutting-edge technique, featured in a recent publication in Nature Communications on September 26, 2023, promises to transform the way we understand and analyze movement, ... Read more
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Ethereum Developers Make Second Attempt to Launch Holesky Testnet After Previous Flop

Ethereum developers have relaunched the Holesky test network after a previous attempt earlier this month failed. On Thursday, Ethereum devs relaunched Holesky in what appeared to be a successful process in the early hours of the livestream. A developer commented on the initial success recorded so far while another joked that there will not be a third build. “It looks like the launch is successful” “Not going to have to build a third one!”... Read More: Ethereum Developers Make Second Attempt to Launch Holesky Testnet After Previous Flop
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Immutable X reverses recovery gains – What now?

Immutable X's retracement has cleared September gains and could head lower if BTC crack below $26k.
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Trader Says One Dogecoin and Shiba Inu Rival Is Set for Big Correction, Updates Outlook on Bitcoin and Solana

A closely followed crypto strategist is predicting a big move to the downside for one Dogecoin (DOGE) rival after forming a bearish structure. Pseudonymous analyst Kaleo tells his 596,500 followers on the social media platform X that Pepe (PEPE) could retrace recent gains and dip by more than 16% from its current value. “PEPE breaking The post Trader Says One Dogecoin and Shiba Inu Rival Is Set for Big Correction, Updates Outlook on Bitcoin and Solana appeared first on The Daily Hodl .
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Binance Europe in Trouble: Should Users Consider Jumping Ship?

Delve into the issues Binance's EUR users face following Paysafe's decision. Is it time to switch to a different exchange?
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VanEck prepares to launch Ethereum Futures ETF

VanEck announced the upcoming launch of the VanEck Ethereum Strategy ETF (EFUT) which will be listed on the CBOE
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Ripple Top Lawyer Takes Jab at SEC’s Gensler, Here’s What Happened

Gary Gensler testified before House Financial Committee on September 27
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The Best Three Tokens This Month According to Microsoft AI: Tradecurve Markets (TCRV), ApeCoin (APE), Immutable (IMX)

Microsoft AI has identified three cryptocurrencies that are making significant waves this August: ApeCoin (APE), Immutable (IMX), and Tradecurve Markets (TCRV). Each of these tokens brings something unique, from groundbreaking technology to innovative solutions for the crypto market. This article dives into why these tokens have caught the attention of Microsoft AI and why buyers ... Read more
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FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers $7.3B

The expected payout to FTX creditors has reached 37 cents on the dollar, the highest since the company’s bankruptcy filing in late 2022. One top distressed-debt investor describes FTX claims as the “hottest ticket in town.”
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New ‘Exorcist’ film taps Aptos to help scare up web3 fan experience

While Hollywood's interest in blockchain as slowed during the downturn it hasn't given up completely on web3 fan experiences.
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SHIB Burn Rate Breaks All-Time Highs, Sustaining Positive Performance

Shiba Inu (SHIB) burn rate data tracker Shibburn has reported a sustained upward momentum in the token’s burn rate. According to the data, the tracker revealed the burn rate is up 1334% in the last 24 hours. Notably, over 171 million SHIB tokens have been burned within the period, taking them permanently out of public The post SHIB Burn Rate Breaks All-Time Highs, Sustaining Positive Performance appeared first on Coin Edition .
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Bitcoin on the Verge of a Massive Move, But Whic Way? (BTC Price Analysis)

Bitcoin’s price is currently testing a key area, and its reaction could determine the mid-term price action of the market. Therefore, it would be beneficial to analyze the possible scenarios thoroughly. Technical Analysis By Edris The Daily Chart On the daily timeframe, the price has been testing the 50-day moving average, located around the $26,500
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Immutable X (IMX) Is Up 30% but This Crypto Gem That Has Risen 80% Is the Real Star

Immutable X (IMX) has shocked the cryptocurrency market over the past week. The project has experienced one of the largest price surges in the market, with little explanation as to how. Further investigations suggest that Immutable X’s price rally was triggered by crypto whales, who are moving the cryptocurrency to different wallets. However, some experts ... Read more
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Ripple Identifies Effects of Increased Interest Rates on Businesses, Proposes Solutions

Ripple has released a report on the impact of escalating interest rates on cross-border payments for businesses worldwide, with viable solutions proposed. In the report titled “3 Biggest Challenges of Rising Interest Rates on Global Businesses,” Ripple noted that it surveyed a diverse group of enterprise respondents to gather insights into the effects of these soaring interest The post Ripple Identifies Effects of Increased Interest Rates on Businesses, Proposes Solutions first appeared on The Crypto Basic .
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Ethereum Staking Surges to 7.4M ETH and Counting

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JUST IN: VanEck Prepares to Launch Ethereum Futures ETF

Giant investment firm VanEck is preparing to launch an Ethereum Futures ETF, according to a press release. Continue Reading: JUST IN: VanEck Prepares to Launch Ethereum Futures ETF
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World Blockchain Summit Dubai: Igniting Innovation, Forging Alliances and Revolutionising the Digital Landscape

World Blockchain Summit, an event by Trescon, returns to Dubai on 1-2 November 2023 at the Address Dubai Marina, with strategic partners like Dubai AI & Web3 Campus by DIFC, the largest cluster of Artificial Intelligence and Web3 companies in MENA. The Summit, one of the longest-running global blockchain series, has become an integral platform The post World Blockchain Summit Dubai: Igniting Innovation, Forging Alliances and Revolutionising the Digital Landscape appeared first on Coin Edition .
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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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IOTA launches ShimmerEVM on the mainnet

IOTA, a leading player in the cryptocurrency industry, has launched the first public IOTA Smart Contracts (ISC) on the network. The contracts will run on Shimmer, the staging network for the IOTA ecosystem. ShimmerEVM has numerous features. First, it is an EVM-compatible network, making it possible for people to run contracts from Ethereum and other The post IOTA launches ShimmerEVM on the mainnet appeared first on Invezz .
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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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Entendre Launches AI Crypto Accounting Assistant for Enterprises

New York, New York, September 28th, 2023, Chainwire
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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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