A naukri.com initiative
Bitcoin News
Coinpedia
1M
281
Image Credit: Coinpedia
Ripple News: Why is SEC’s Gary Gensler Waiting Till The Last Day To File The Appeal?
- The U.S. Securities and Exchange Commission (SEC) has a few days left to appeal the recent ruling in the Ripple case.
- Criticism towards the SEC has grown due to insufficient regulations for the cryptocurrency landscape.
- Tensions are rising between Ripple and the SEC as the appeal deadline approaches.
- Former SEC attorney, Marc Fagel, suggests that the agency's delay in filing the appeal may be due to a slow and cumbersome internal authorization process.
Read Full Article
16 Likes
Pymnts
1M
267
Image Credit: Pymnts
Robinhood Debuts Crypto Deposits, Withdrawals for European Customers
- Robinhood is offering cryptocurrency transfers to European customers.
- European customers can now deposit and withdraw more than 20 cryptocurrencies.
- Robinhood Crypto is also providing a 1% match on all crypto deposits for a limited time.
- The launch of crypto transfers in Europe comes amidst regulatory pressure in the United States.
Read Full Article
16 Likes
TheNewsCrypto
1M
349
Image Credit: TheNewsCrypto
Bitcoin Price Declines Amid Weak US PMI Data and Economic Struggle
- The price of Bitcoin dropped below $63,000 after weak US PMI data.
- The US economy shrank in September for the sixth consecutive month.
- The recent drop in cryptocurrencies suggests traders' sentiment is affected by the contraction data.
- Investors are waiting for more clarity on scheduled market events this week.
Read Full Article
21 Likes
Coinpedia
1M
127
Image Credit: Coinpedia
Bitcoin Price is Plunging: Here’s How it May Reach $75,000 in October 2024
- Bitcoin price is plunging as it loses crucial support at $64,000.
- Despite the bearish trend, BTC's plan remains unchanged to break out of the downtrend channel and start a parabolic run.
- The current rally resembles the pre-2021 phase, indicating a potential rebound after consolidation.
- Market participants believe in a bull market with a price target of $100,000 due to rate cuts, liquidity injections, and seasonality.
Read Full Article
7 Likes
Bitcoinsensus
1M
399
Image Credit: Bitcoinsensus
Ohio Crypto Bill Introduced to Allow Bitcoin Tax Payments
- Ohio Senator Niraj Antani has introduced a bill that would allow taxpayers to pay state and local taxes using cryptocurrencies.
- The bill is a revision of a 2018 proposal that was not pursued by the Ohio State Board of Deposits.
- Critics have raised concerns about the potential privacy implications of linking wallet addresses to taxpayer identities.
- The bill is still pending committee assignment and review before it can be voted on and potentially signed into law.
Read Full Article
24 Likes
Bitcoinist
1M
449
Image Credit: Bitcoinist
1 Billion Transactions Hit – How Did Arbitrum Reach This Milestone So Quickly?
- Arbitrum, a layer 2 scaling solution, has reached 1 billion transactions, demonstrating rapid growth and transformation in the DeFi environment.
- Arbitrum addresses Ethereum's scalability challenges with Optimistic Rollup, leading to faster transactions and lower fees.
- DeFi activity on Arbitrum is flourishing, with lending and borrowing platforms gaining popularity due to lower gas expenses compared to Ethereum's mainnet.
- Arbitrum's integration of new features and oracles enhances its potential for providing transparent data and attracting more projects in the future.
Read Full Article
27 Likes
Newsbtc
1M
195
Image Credit: Newsbtc
WIF Bulls In Control As RSI Signals Strong Upside Potential
- Bullish momentum is taking control in WIF as indicated by the Relative Strength Index (RSI).
- The current RSI reading suggests strong buying pressure and optimism for continued gains.
- Bulls are confident in a potential breakout towards the $2.8 mark.
- Maintaining its position above the 100-day Simple Moving Average and $2.2 mark could lead to further gains, with the $2.6 resistance level in focus.
Read Full Article
11 Likes
Coinpedia
1M
381
Bitcoin’s Bear and Bull Market Targets Revealed: A Rise Above $100k or Dip Below $30k?
- Bitcoin has been closely following the equity markets and its decline is concerning despite the stock market being at its peak.
- If the market drops further, Bitcoin could return to the $50,000–$49,000 range, with key support levels.
- If Bitcoin breaks below the $52,000–$49,000 range, there may be no major support until the low $30,000s.
- If Bitcoin breaks above the $69,000–$70,000 range, it could trigger a rapid rise to $100,000 within three to four months.
Read Full Article
22 Likes
Bitcoinsensus
1M
345
Image Credit: Bitcoinsensus
Revolut and Robinhood Stablecoin Plans Amid Regulatory Change
- Revolut and Robinhood are exploring stablecoin opportunities, motivated by the success of PayPal’s stablecoin launch.
- The upcoming EU MiCA regulations may present hurdles for these companies, requiring compliance with strict standards to enter the market.
- With Tether currently dominating the stablecoin sector, the MiCA regulations could open the door for new players like Revolut and Robinhood to gain significant market share.
- The entrance of Revolut and Robinhood into the stablecoin market represents a potential turning point in the sector, especially with the implementation of EU MiCA regulations.
Read Full Article
20 Likes
Altcoinbuzz
1M
95
Introduction to Autolayer
- Autolayer is a leading liquid restaking token market on Arbitrum, offering a 1-click marketplace for Ethereum restaking.
- The protocol has gained popularity with a TVL of $54.8 million, 96,380 total users, $242 million total volume, and 396k total transactions.
- Autolayer provides a wide range of liquid staking options through integrations with Eigenlayer, Ether.fi, Renzo, and more.
- The native token of Autolayer, $LAY3R, is currently undergoing its IDO on various platforms.
Read Full Article
5 Likes
Coinpedia
1M
281
Bitcoin Price Prediction: Bears Revisit $62k Levels, Bearish Trend or Short-Term Pullback?
- Bitcoin is currently facing resistance and showing signs of a short-term cool-off.
- The short-term outlook suggests price consolidation or a potential bearish move.
- Bitcoin is rejecting from a critical resistance line near $67,000 to $68,000.
- If key support levels fail to hold, Bitcoin may decline towards $51,000 to $52,000.
Read Full Article
16 Likes
Crypto-News-Flash
1M
54
Image Credit: Crypto-News-Flash
5 Factors Fueling Bitcoin (BTC)’s Potential Rally in ‘Uptober’!
- Bitcoin is approaching a critical breakout point at $63,800, supported by key exponential moving averages (EMAs), indicating bullish momentum.
- October, dubbed as 'Uptober' in the crypto world, historically sees Bitcoin rallying, with five major bull runs originating in this month.
- Five factors that could fuel a BTC price surge in 'Uptober' include: Bitcoin's strong technical position near a breakout level, support from key EMAs, a risk-on market attitude, favorable historical patterns, and strong demand for Bitcoin as an inflation hedge.
- Bitcoin's decentralized nature, limited supply, and increasing institutional interest contribute to its potential rally in October.
Read Full Article
3 Likes
Altcoinbuzz
1M
118
Worldcoin Fined for Illegal Data Collection in South Korea
- The Personal Information Protection Commission (PIPC) fined Worldcoin 1.1 billion Korean won ($850,000) for illegally gathering iris scans from nearly 30,000 people in South Korea.
- Worldcoin was offering cryptocurrency in exchange for users' iris data without proper consent.
- Users were not given clear information about how their data would be used or stored, and the data was sent overseas without informing the individuals.
- Worldcoin claimed to use the iris data for preventing duplicate registrations, but the commission found it to be a violation of privacy laws.
Read Full Article
7 Likes
TronWeekly
1M
36
Image Credit: TronWeekly
Metaplanet’s $7M Bitcoin Strategy: More Than Just Buying and Holding
- Metaplanet Inc. has invested an additional ¥1 billion or nearly $7M in Bitcoin.
- The company's total Bitcoin holdings now amount to ¥4.75 billion.
- Bitcoin's price recently declined by 3% due to a 'long squeeze' in the futures market.
- Metaplanet's aggressive Bitcoin strategy, strategic partnerships, and innovative initiatives position the company as a frontrunner in the Japanese corporate world.
Read Full Article
2 Likes
Bitcoinsensus
1M
54
Image Credit: Bitcoinsensus
FTX Creditors Outraged by Last-Minute Repayment Changes
- FTX creditors will receive only 10-25% of funds in revised repayment plans
- $230 million from seized assets are allocated to FTX shareholders
- FTX creditors express outrage, accusing the exchange of betrayal
- FTX creditors feel betrayed by the recent changes to the reimbursements, which favor shareholders and leave cryptocurrency holders with only a fraction of their funds
Read Full Article
3 Likes
For uninterrupted reading, download the app