XRP Price Prediction as Daily Trading Volume Rises Above $500 Million – Is a Rebound from Bearish Sentiment in Sight?
7.10.2023
In the volatile world of cryptocurrency, Ripple's (XRP/USD) price stands out, with its daily trading volume now exceeding $500 million. Despite recent bearish sentiments, the surge has ignited speculation: Could XRP be on the brink of a rebound?
Let's dive into the data and technical indicators...
Chainalysis Lays Off More Staff in New Round of Crypto Job Cuts
7.10.2023
Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop of a persistent bear market and increased regulatory...
Bitcoin Price Prediction as BTC Projected to Reach $28,435 by Mid-October – Is a 9% Surge on the Horizon?
7.10.2023
Bitcoin has been making waves in the cryptocurrency market recently, with speculations suggesting that the leading cryptocurrency might be on track to reach $28,435 by the middle of October.
Recent forecasts posit that Bitcoin could touch a noteworthy value of $28,435 by mid-October, representing...
Hong Kong Looks to Curb Retail Stablecoin Trading Amid Crypto Adoption
7.10.2023
Hong Kong is considering measures to restrict retail stablecoin trading for individual investors in response to the increasing adoption of cryptocurrencies, as stated by a local official. It is important to note that retail stablecoin trading is currently not permitted in Hong Kong....
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Elon Musk's X platform faces backlash over XRP account suspension
7.10.2023
Crypto Eri, a prominent figure in crypto, contacted Elon Musk on X, seeking clarification about the account suspension
What Is ADA? A Brief History of the Proof-of-Stake Blockchain Network Cardano
7.10.2023
On October 6, 2023, the cryptocurrency Cardano, known by its ticker ADA, is ranked as the eighth-largest in market capitalization, valued at just over $9 billion, or 0.817% of the $1.08 trillion cryptocurrency market. As the digital currency landscape evolves, ADA has emerged as a key contender....
X's 'everything app' push continues as Elon Musk tests video game streaming
7.10.2023
During his stream, Elon Musk said that X has plans to integrate streaming services with Xbox and PS5, but has no plans of trying to be better than specialised streaming platforms
Report: Hong Kong Crypto Exchange JPEX Converts Users’ Funds to an Illiquid Digital Token
7.10.2023
The Hong Kong cryptocurrency exchange JPEX recently converted user funds to a native token known as JPC. According to JPEX, affected users will only be able to cash this token out after two years. One affected user said the crypto exchange did not inform them of the conversion rate used to complete...
Nifty News: Yuga cuts staff, NFT trading volume on Mythos Chain surges and more...
7.10.2023
Yuga Labs CEO Daniel Alegre said the firm was stretching itself thin by taking on too many projects, and will now focus on its core aims with a smaller team
Kraken to Expand Its Presence in Europe With Acquisition of Dutch Crypto Broker
7.10.2023
Crypto exchange Kraken has unveiled its plan to acquire Dutch crypto broker Coin Meester B.V. (BCM). Kraken explained that the Netherlands is a key market in its European expansion plans. “We are committed to growing our business in compliance with European regulations,” the exchange...
Investment Manager Expects SEC to Approve All Bitcoin ETF Applications in 3-6 Months
7.10.2023
Steven Schoenfeld, former head of International Equity Product Strategy at Barclays Global Investors (now Blackrock), expects the U.S. Securities and Exchange Commission (SEC) to approve all spot bitcoin exchange-traded fund (ETF) applications in three to six months. He also anticipates that...
Sam Bankman-Fried goes on trial: A week in review
7.10.2023
The trial of former FTX CEO Sam Bankman-Fried started on October 3. Four witnesses explained to jurors how $8 billion in funds from customers went missing