Cardano's exchange rate, in particular, began to rise after hitting a low of $0.326 on September 16. The rise continued, with ADA reaching a high of US$0.415 on September 27. The price movement of ADA is actively contested by bulls and bears, although the bulls are not giving up their positions yet.

At the time of writing, #ADA is down 0.30% to $0.40 in the last 24 hours and is up 13% on a weekly basis. The current upside target is $0.49, but the bulls are likely to face serious resistance at $0.44 near the daily SMA 200.
On the other hand, if the ADA price fails to hold above $0.40, then below $0.36 the ADA price could consolidate between $0.31 and $0.40 for some time.
The #Cardano network recently turned seven years old and is experiencing tremendous growth. According to the latest IOG update, the Cardano network has reached 96.94 million transactions, with 10.4 million native tokens, 1.335 million delegated wallets, and 88,340 plutus #cryptocurrencies .
The Cardano network recently released node v. 9.2. 0, which includes several improvements and bug fixes. It also released a minor update to the previous version, Cardano node v. 9.2. 1, which improved the performance of certificate validation.
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Bitcoin and Ethereum ETFs hit multi-week highs amid cryptocurrency market recovery

Bitcoin and #Ethereum ETFs recorded their highest multi-week inflows amid optimism over the cryptocurrency market recovery. #Bitcoin ETFs saw inflows of $1.11 billion and Ethereum ETFs saw inflows of $84.6 million, the highest since August.
Bitcoin and Ethereum exchange traded funds (ETFs) recorded the largest inflows this week during the session ending Friday, September 27. This came amid continued talk of a recovery in the cryptocurrency market.
September has historically been the worst month for bitcoin, so now that October is coming to an end, the market is hoping for an improvement in October. On Friday, crypto investors bought 7,526 bitcoins (BTC) and 22,310 etheriums (ETH), generating net inflows of $494.4 million and $58.7 million into bitcoin and etherium ETFs, respectively.
The blockchain analysis tool Spotonchain reported that these inflows brought weekly gross inflows back to levels seen a few weeks ago. Specifically, the Bitcoin #ETF (BTC) recorded positive inflows totaling $1.11 billion, the highest weekly inflow since July 19.
the Ethereum ETF (ETH), meanwhile, recorded inflows of $84.6 million between Monday and Friday, the largest weekly inflow since Aug. 9.
data from Farside Investors confirms the report. According to the report, BlackRock's IBIT ETF registered inflows of $11.5 million, excluding Monday's inflow, while Fidelity's FBTC registered $24.9 million.
Since its debut in the U. S. market in January 2024, spot bitcoin ETFs have attracted the attention of institutional investors because ETFs allow bitcoin to be directly included in a portfolio, avoiding the challenges associated with direct purchase and safe storage.
According to BeInCrypto, more than 1,000 institutional investors have signed up in just two 13F filing periods.

The macro environment is changing.
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Dogecoin founder Billy Marcus, who goes by the nickname Shibetoshi Nakamoto on the website X, recently responded to an Ethereum price prediction.

One of the most prominent figures in the coin meme community, Marcus frequently interacts with the wider crypto community, offering witty opinions on common issues and market trends. His latest tweet touches on the ongoing debate over whether #Ethereum can maintain its upward momentum or if its current growth will be derailed. In the screenshot shared, Marcus wonders when Ethereum will reach an all-time high.
the #Dogecoin co-founder admitted that Ethereum rose 8% in September, which is considered a bearish factor for cryptocurrencies in general.
Coinbase's popularity on the App Store is on the rise: a bullish factor?
Ethereum is up 8% this month.... Do you think it will fall by the end of the year?
'Do you think this will happen by the end of the year? ' - When the Dogecoin founder asked his subscribers about the price of ETH, the response was most people obviously think not, indicating the crypto community's skepticism about whether Ethereum (ETH) could experience a big rise or 'moonstrike' before the end of the year. As it turns out, it does.
As usual, Dogecoin's founder is known for his unserious views on the #cryptocurrency market, and the Dogecoin cryptocurrency itself was originally created as a joke. The laughing emoji at the end of the tweet suggests that the Dogecoin founder's comments may be humorous, but who knows.
the Ethereum's 8% growth this month is part of a broader trend of cryptocurrency market recovery.
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#TrendingTopic

After a period of stagnation, spot trading in Ethereum ETFs resumed growth, mainly due to increased liquidity following the recent interest rate cut by the US Federal Reserve.

Despite a weak start to the week, institutional investors renewed their interest in #Ethereum investment products, driving prices higher even amid oversold by large #ETH holders. On September 27, Fidelity's FETH led the way with $42.5 million, followed by BlackRock's ETHA with $11.5 million.
At the same time, Greyscale's ETHE had an outflow of $10.7 million, and after an outflow of nearly $80 million earlier in the week, BlackRock's movement quickly regained positive momentum.
Meanwhile, #blockchain data shows a significant sell-off in Ethereum. Two major institutions withdrew significant amounts of money, including 11,800 ETH from Cumberland and 5,134 ETH from ParaFi Capital.
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#DigitalCurrency #news

According to analysts' forecasts, in the medium term, the XRP exchange rate could rise by 299% to reach $2.30.

The interest of institutional investors and favorable legislation fuel #optimism about the future growth of #XRP . If XRP breaks its previous high of $3.31, it could rise 888% to $BTC Ripple's XRP jumped to $0.62 after a prolonged sideways trade and is staying afloat thanks to positive sentiment in the #cryptocurrency market, when the price of #bitcoin jumped to $66,000 for the first time in five weeks. Prominent crypto trader Captain Fibic predicted a potential 299.4% rise, which he said could take XRP to $2.30 in the medium term. And that's not all - according to his long-term predictions, further growth looms on the horizon!
In Captain Fibik's opinion, XRP could be on the cusp of strong growth. With the market giving bullish signals, he set a medium-term price target for XRP at $2.30, 299.4 percent above current levels.
the potential rise in bitcoin has boosted confidence in the broader cryptocurrency market, including altcoins such as XRP. However, the growing optimism around XRP is fueled by growing institutional interest, as well as expectations of a positive outcome from regulators: after nearly completing a four-year legal battle with the SEC, many believe that clearer regulation could significantly strengthen XRP's position in the market.
Long-term outlook: further growth?
In addition to the bullish stance, market analyst EGRAG offered an even more ambitious long-term price target for XRP. He stated that if XRP reaches its previous high of $3.31, its price could rise by 888%. In its latest analysis, EGRAG noted a recurring pattern on XRP's one-month chart reminiscent of the 2017 bull market. At that time, XRP hit the rising red support line four times before surging upward.
#XRP 888.88% is an 8 secret
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In this post. Ripple Treasury has minted 300,000 RLUSD in preparation for the debut of its stablecoin.

Mining of Ripple's stablecoin is growing on the #XRP and Ethereum blockchains.
Monica Long, president of #Ripple , explained that the scenarios of using the steblecoin include payments with the XRP payment solution.
Ripple is stepping up its activities related to the development of a stablecoin RLUSD on Ethereum and XRP networks. According to the Ethereum #blockchain tracker, Ripple recently mined 300,000 RLUSD as part of testing its stablecoin; data from Onchain indicates that Ripple Labs is conducting similar #mining activities.
Ripple Labs has recently stepped up its activities to develop a blockchain for a stable Ripple USD coin on the XRP and Ethereum blockchains. Etherscan, an Ethereum blockchain researcher, reported that on September 28 at 3:13:47 UTC, the company mined 300,000 RLUSD in its vault.
Ripple Stablecoin Tracker, the X account that tracks the activity of the promising stablecoin, flagged a mining transaction. The announcement has generated a lot of enthusiasm among members of the Ripple community.
the mining transaction was one of the recent RLUSD transactions on the blockchain noted by X's account, Ripple Stablecoin Tracker. User X also noted another RLUSD 50,000 mining transaction minted on the RLUSD treasury; according to Etherscan, this transaction occurred on September 27 at 11:38:59 PM UTC.
Ripple Labs also minted $5,515 on September 25 at 05:35:59 PM UTC; on September 24, Ripple minted another $485 and burned 50 RLUSD. These and many other activities on the blockchain have been ongoing since Ripple Labs announced on August 9 that it had begun private beta testing of the stablecoin.
Notably, Ripple said in the announcement that RLUSD has not yet received regulatory approval and therefore cannot be bought or exchanged.

We see different scenarios for using stablecoin and XRP in payments and other transactions.

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#CryptoUpdates

Is the Daily Active Address misleading crypto investors?

(DAA) is often misused in the #cryptocurrency world, it is often confused with Daily Active Users.
Experts oppose the use of DAA as an indicator for fundamental analysis because of its misleading nature. DAA measures the number of unique #cryptocurrency wallet addresses involved in at least one transaction per day, but does not accurately reflect actual user activity, especially on networks with a large number of bots, such as #Solana and Base. Because a single user can control multiple addresses, the DAA numbers are inflated and misleading regarding the viability of the #blockchain .
Solana has become a favorite of bot operators due to its high liquidity and maximum extracted value (MEV) dynamics. Developer Robert Sass argues that MEV is a form of theft and that precautions are needed to support developers and users.
critics call Solana's approach fake it 'til you make it and report that fake accounts inflate the total block value (TVL). Current data shows that more than 80% of Solana's active addresses are trading for less than $10, indicating a low quality user base. Analysts such as Dan Smith of Blockworks Research warn against relying on DAAs as they are superficial and easily manipulated.
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#InvestSmart

Four altcoins that could reach all-time highs in October

LayerZero, #Sui , #BNB and MANTRA are four of the top 100 #altcoins that could reach all-time highs in October 2024.
ZRO could rise 30% to $6.55, while Sui could reach $2.25 thanks to institutional investor confidence and bullish momentum. BNB and OM show potential to reach new highs, with the former reaching $725 and the latter $1.50. October is historically a bullish month for altcoins and cryptocurrencies in general. Gaining momentum thanks to rising demand and favorable market conditions, some altcoins are close to breaking their previous all-time highs.
This analysis looks at four altcoins that will experience explosive growth in the coming months and outlines their potential to reach all-time highs in October 2024. The list includes LayerZero (ZRO), Sui (SUI), Binance Coin (BNB), and MANTRA (OM).
LayerZero is a multi-chain communication protocol designed for cross-chain communication between blockchain networks. Its native #token , ZRO, is currently trading at $5.06 USD and has risen in price by 27.70% over the past 30 days.
the ZRO price increase is due to the project's recent decision to redistribute unclaimed ether among active wallets. This decision sparked a new wave of investor interest in the token, which is currently 7.72% below its all-time high of $BTC This makes LayerZero one of the altcoins that is expected to surpass its previous peak in October. On the daily chart, the price of ZRO has formed an ascending triangle, with the token hitting a low, indicating bullish momentum.
ZRO could cross this threshold and grow by 30% in October. If that happens, the altcoin could reach an all-time high of $6.55. However, if the altcoin fails to maintain its gained momentum next month, the token's price could fall to $ 4.39.

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#transscreen.ru

The cryptocurrency market is expected to perform well in Q4 due to historical trends and recent interest rate cuts.The market will be influenced by macroeconomic factors such as employment data, inflation and geopolitical events.

The weak euro and economic uncertainty in key countries may play in favor of the #cryptocurrency market.
The cryptocurrency market enters Q4 with high expectations. Historically, Q4 has been a strong period for the market, with a return of 56.6% in Q4 2023. However, for digital currencies to perform well, they need not only momentum, but also a favorable economic environment.
Let's take a look at the major economic factors that could affect the cryptocurrency market next week.
the US Federal Reserve recently cut interest rates by 50 basis points.
Next week, important employment data will be released. The U. S. unemployment rate currently stands at 4.2%, up from 4.1% in June and 4.3% in July. The unemployment rate is predicted to remain unchanged again.
A drop in interest rates is usually a good sign for the cryptocurrency market. This is because it encourages investors to take risks by choosing assets such as #cryptocurrencies over safer options such as bonds.
If the U. S. labor market continues to weaken, the Fed may be forced to cut interest rates further. If this happens, the cryptocurrency market could rise as more investors look for alternative assets.
Falling energy prices have led to deflation in some of Europe's largest economies. There are rumors that some European countries are considering further interest rate cuts, which could further weaken the euro.
the weakening of the euro could push European investors into cryptocurrencies.
the UK is struggling with high inflation and low consumer confidence after Labour leader Keir Starmer defeated Conservative leader Rishi Snrump in the 2024 general election. Despite these challenges, the government has yet to announce any significant measures to tackle the economic crisis. The next budget report is scheduled for next month.

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#CryptoMarketTrends #TokenEconomy #FinTechInnovations

These enhancements optimize XRPL functionality and allow for more complex applications while making it easier to work with. Ripple is beta testing the stable coin with XRPL and Ethereum, and it is still unclear how these enhancements will affect the functionality of RLUSD.

Monica Long, president of #Ripple , said that RLUSD is expected to launch this year, pending U. S. approval. She stressed that compared to #XRP , the stablecoin can address a wider range of issues and that decentralized exchanges (DEX) on XRPL can benefit from these developments.
In a lively dialogue with CoinDesk Japan, Ripple President Monica Long said that this victory was a watershed moment for the entire #cryptocurrency industry. President Long emphasized that this victory is a watershed moment for the entire cryptocurrency industry.
President Long noted that even before the SEC complaint, 40% of Ripple's growth came from Asia, and most of its customers were in the Asia-Pacific region. Following the ruling, the company has accelerated its expansion outside the US and now intends to make its products and services more accessible in the US market.
In general, the latest updates have the potential to significantly expand the RLUSD and XRP ecosystems, increasing their functionality and application flexibility. While expectations for the RLUSD launch are high, the XRPL community is optimistic. optimistic.
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#GlobalCrypto #CompassInvestments

Cryptocurrencies of the Week: HMSTR ether crash drama, Kamala Harris on cryptocurrencies and artificial intelligence, BingX hack

BingX was hacked for $42 million, but has promised to reimburse all affected users.
The Hamster Kombat #Token Release (HMSTR) sparked anger from players due to mass disqualification.
This week, Kamala Harris showed her support for #cryptocurrencies and artificial intelligence innovation.
This week brought shocks and events to the #cryptocurrency sector: the $42 million BingX hack shook the market and raised questions about the security vulnerabilities of major exchanges. At the same time, the controversial release of Hamster Combat caused outrage as millions of players were unable to obtain tokens.
These events highlighted the prospects and dangers of an industry that continues to evolve and attract the attention of regulators and innovators.
September 20, cryptocurrency exchange BingX was hacked. The incident resulted in the loss of more than $42 million in #digital assets.
The hack initially revealed suspicious transactions totaling $13.6 million, but as the investigation progressed, the losses increased to $26 million and eventually reached $42 million.
The stolen assets included various cryptocurrencies, including USDT 4.44 million ($4.4 million), WUSD 1 million ($1 million), USDC 608,660 ($608,660) and BTCB $9.38 ($590,000). PeckShield and other security experts confirmed that the attackers transferred funds to a wallet address identified as '0xF7e8'. Chain data also showed that the attacker immediately exchanged the stolen funds for Ethereum (ETH) and BNB.
Despite the heavy losses, Vivian Lin, BingX's Chief Product Officer, assured users that the company will cover the entire amount from its capital reserves.
Our technical team suspected a hacker attack on the BingX hot wallet and detected unusual access to the network.
After the incident, BingX has resumed operations.

This week, U. S.
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#CryptoTrends

Now Shibainu Coin is on the rise and gaining momentum again, up more than 40% over the past seven trading days.

September26, #Shibarium Coin made an amazing comeback, reaching its highest price since July 27. The second largest meme coin, Shibainu Coin, jumped to $0000017 as blockchain data showed that Shibarium fees #rose to $438, well above the low reached earlier this month at 27.
Shibarium, the Tier 2 network developed by the Shibarium team, has seen increased activity, with Shibariumscan data showing that new transactions rose to 8,025 on Sept. 26, up from a low of 2,186.
The increase in fees is particularly notable because a portion of the revenue generated by BONE is converted into SHIBs for burning.
According to #Shiba Inu, the number of Shiba Inu tokens burned in the last 24 hours has increased by 640% to 5,555,360 tokens.
Mog Coin is up 7.5%, while Mog Coin is up 14%. Popcat has also risen 15% over the past week, with a market capitalization of over $1 billion.
According to Nansen, Shiba Inu experienced a net outflow of 41 million tokens last week, leaving the exchange with only 25.48% of its total supply.
This outflow is considered bullish, as it indicates that many investors prefer to keep their tokens in their personal wallets.
Shiba Inu's recent rally was supported by positive technical indicators, including the formation of a double-bottom pattern above the $0.000016 neckline, the highest since August 24th.
Moreover, the #SHIB broke above the downtrend line connecting the highest prices since July 16. The Relative Strength Index (RSI) is also rising, indicating that the momentum is strengthening. This price movement suggests that the SHIB may continue its uptrend, and the bulls will target the key resistance level of $0.00002, the highest price reached in July.
Market News Today - Shiba Inu Coin rises again, gaining momentum.
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#CryptoNews

Meme enthusiast Arthur Hayes buys PEPE and MOG coins.

PEPE tokens break five-month resistance and #bitcoin breaks $66,000. The #meme sector rose 22.5 percent in a day to reach a market capitalization of $57.8 billion.
BitMEX founder Arthur Hayes announced a shift in focus to meme currencies and invested money. The BitMEX co-founder tagged popular crypto trader Anthem, I just bought $MOG. Join us.
cat-themed Mogcoin (MOG) is listed on several major exchanges, including Bybit and KuCoin. The total supply is 420.69 tons, the same amount as #PEPE .
Arthur Hayes: You can't ignore PEPE.
It's time for a memecoin breakout, the extravagant #cryptocurrency enthusiast wrote in his next post, admitting to his audience that he couldn't resist PEPE. Soon after, Hayes withdrew 24.39 billion Pepe tokens (PEPE) into a publicly tracked cryptocurrency wallet; PEPE is now worth $262,927K, page 2 of Arthur's Wallet.
After ATH, Arthur Hayes moves on to accumulating $PEPE memcoins! "
"I respect my $MOTHER, which is none other than $MOG, but I can't neglect $PEPE, a provocative post that coincided with PEPE's significant daily rise. The frog-themed cryptocurrency led the altcoin section on Friday, rising 16% on the day to $BTC These levels remain unchallenged since August 2, 2024, but the Fibonacci retracement tool has set $000001153 as the next target based on five-month lows and highs. Having successfully broken the resistance barrier, PEPE is now 79% profitable for investors. With a high price correlation (0.85) with bitcoin (BTC), PEPE's seven-day rebound rally has reached 35%.
Monthly support is holding up nicely, and the market is emerging from a major descending wedge.
Interestingly, the PEPE cryptocurrency price rally was accompanied by significant volumes in both the spot and derivatives markets. The PEPE toad, which surpassed the $ 2.

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#BlockchainFuture

The current market capitalization is mainly due to Solana's superior speed and transaction processing performance.

The report cites Solana's throughput (TPS), which can process thousands of transactions per second, 3000% higher than Ethereum's TPS; Solana's number of active users per day is 1300% higher than Ethereum's; and transaction fees on the #Solana network are nearly 5 million percent cheaper.
Solana's superior speed and cost-effectiveness gives it a significant advantage over #Ethereum in the payments and remittance space, the report claims. In particular, Stable Coins is cited as a key driver of decentralized financial activity, using Solana's superior processing speed to transfer savings to users.
The developer and co-founder of Tornado Cash, Roman Storm, faces criminal charges for creating the #cryptocurrency platform after a judge denied his motion to dismiss a case brought by the U. S. government.
In a Sept. 26 conference call, New York District Court Judge Katherine Polk Fila denied Storm's motion to dismiss three federal charges brought by the Justice Department. Storm and co-founder Roman Semenov were indicted in August 2023 on charges of conspiracy to launder money, conspiracy to violate sanctions and conspiracy to engage in an unauthorized money transfer business.
On September 26, SEC Chairman Gary Gensler told attendees at a conference on the U. S. Treasury market that he would continue to change the definitions of exchange and alternative trading systems. Gensler was referring to issues affecting the efficiency and sustainability of the U. S. Treasury bond market, but the proposal drew sharp criticism from the digital asset sector.
One of the steps the SEC took to strengthen the government bond market was to change the definition of dealer to clarify the role of market participants, such as principal trading firms that can use algorithmic and high-frequency trading strategies.

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#MarketInsights #Crypto2024

Robinhood Stable Coin Speculation: Bloomberg reports that Robinhood is exploring the possibility of launching a stable coin, though the company has not announced any immediate plans.

Current #cryptocurrency offerings: #Robinhood already supports transactions with several digital assets, including Circle's USDC stable coin.
Cashless paymen
are no immediate plans, but given PayPal's successful launch of PYUSD last year and the fact that companies like Revolut are considering similar moves, it's not hard to imagine Robinhood entering the stable coin realm. Taken together, it's starting to feel like an inflection point where major services and TradFi companies are starting to use tokenization as the way forward, as cryptocurrencies have become too big to ignore.
Join the world's most popular crypto community for daily alpha testing, news and analysis, all for free.
David is a writer/analyst at Bankless; prior to joining Bankless, he worked at a number of early-stage cryptocurrency startups and received grants from #Ethereum , #Solana and the Urbit Foundation. He graduated from Skidmore College in New York City. He currently lives in the Midwest and is passionate about ''NFT- but is not currently involved.
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#CryptoUpdates

On Friday, the U.S. Securities and Exchange Commission (SEC) announced that it had filed securities trading charges against the teams behind Solana DeFi-powered platform Mango Markets (Mango DAO, Mango Labs and Blockworks Foundation) after a lengthy investigation.

The charges have already been settled, and the judgment was approved by MNGO token holders through Mango #DAO in August. The companies paid a combined civil penalty of approximately $700,000 and agreed to
destroy MNGO tokens, request the removal of MNGO tokens from the trading platform, and refrain from requesting the trading platform to allow MNGO to trade, offer and sell MNGO tokens.
Mango DAO and the organization behind the tokens, Blockworks Foundation, are accused of offering and selling MNGO tokens, while platform developer Mango Labs and Foundation are accused of acting as unregistered brokers.
From the beginning of our #cryptocurrency program, we believe that the label "DAO" does not change the reality of who is behind the projects, what activities they engage in, and whether they need to be registered. Securities brokerage using automated or open source software also does not change the nature of the activity.
If you engage in securities brokering, you must be registered or exempt, regardless of the technology you use or the type of legal entity.
Editor's note: This article is breaking news and will be updated as more information becomes available.
In addition to our main articles, we offer you original articles every day.
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#CryptoMarketTrends #MarketInsights #InvestSmart

Bitcoin isn't the only asset on the rise today. The meme coin market is also having its moment, continuing the growth that began on Thursday.

Established coins and tokens such as Dogecoin, Floki and Pepe are rising in value, but new investments in Dengen are showing an even bigger jump.the Solana-inspired Moo Deng (MOODENG) token has risen more than 90% in 24 hours, nearly doubling in value in the last day and trading at nearly $0.27, CoinGecko shows. Moonden, inspired by a baby civet hippo that is currently popular in Thailand, continues to rise, reaching a new record price.The image was created by Decrypt using artificial intelligence.On September 10, an anonymous trader whose #Solana wallet address begins with "Db3P" purchased 6 SOL of a new #meme coin called Moo Deng. According to Arkham Intelligence, this $800 investment made by the trader four hours after the token's launch. the dollar investment turned into about $3.5 million worth of dwarf behemoth tokens early Thursday. Trader turned $800 into $3.5 million A trader who bought MOO DENG for $800 four hours after the launch has doubled its value again. His fortune now stands at $3.5 million, which means a Thai baby has been born.An even more shocking fact is that if you had invested a week ago, you would now have a return of over 1,300%. MOODENG was launched this month at the Pump. fun meme factory and now has a market value of 265 million US dollars.Meanwhile, Billion-DOLLAR-CAT, a rune token that runs on the #Bitcoin network, rose nearly 240% last week and another 32% today.the growth of this rune comes amid continued growth in the price of bitcoin itself. Following the U. S. Federal Reserve's decision to cut interest rates last week, investors have poured money back into bitcoin exchange-traded funds (ETFs).The largest digital asset is currently trading at more than $66,200 per coin, up more than 5 percent in seven days.

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#DigitalCurrency #CryptoAdoption

Under federal rules, withdrawal is %.

The cryptocurrency market will take off if CZ announces reinstatement, says CryptoQuant CEO.
CZ could be released today after serving a four-month sentence for failing to properly monitor money laundering on #Binance .
under federal rules, inmates can be released earlier on the last weekday if their scheduled release date falls on a weekend. The policy is part of a broader set of rules governing prisoner release procedures that also take into account good behavior and other eligibility criteria.
Upon release, CZ will be flown to Dubai or Paris to reunite with his family. Under the terms of the settlement agreement with the US regulator, he is permanently banned from participating in the management of Binance in any capacity. The agreement also effectively prohibits him from returning to a leadership role in the company.
Despite this, CZ retains his rights as a major shareholder. Traders expect that the market could be volatile following its release, especially in altcoins and Binance Coin (BNB); according to CoinGecko, #BNB was trading at around $612 at the time of the report, up around 3% in the last 24 hours.
#Bitcoin has continued to rise, recently breaking the $65,000 mark. Its exchange rate currently stands at around $66,400, up 2.5% on the day. Ethereum, meanwhile, is approaching the $ 2,700 mark.
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#MarketInsights #DigitalCurrency

Bolivia's central bank has reported a 100 percent increase in the average monthly value of virtual asset transactions in the country since the bitcoin ban was lifted at the end of June.

the average monthly turnover of virtual assets totaled about US$15.6 million between July and September, 105 percent higher than the average for the 18-month period from January 2023 to June 2024.
According to a report released by the Central Bank of Bolivia (BCB) on September 26, transactions worth US$48.6 million were made in the last three months, more than the previous six months combined, mostly with stable coins.
And #cryptocurrency payments made by banks in June. 25 Bolivia completely banned #bitcoin in 2014.
BCB is paving the way for the use of cryptoassets in Bolivia.
Our country is taking an important step towards its economic future by expanding the use of available digital financial instruments, Edwin Rojas Uro, acting president of BCB, said at a press conference.
The number of cryptocurrency transactions in the last three months has increased by 141% compared to the previous six months.
The growth is due to the fact that in July and August, six more financial institutions registered to offer virtual asset services, allowing banks to conduct cryptocurrency transactions Rojas Uro added: With the entry into force of this decree, the population now has an alternative way to send money abroad and make electronic trade payments.
We hope that this integration will make it easier for Bolivian companies to participate in international trade.
Since the ban was lifted, the Central Bank of Bolivia has incorporated virtual assets into its economic and financial education program and has organized 33 seminars across the country, attended by more than 3,000 people.
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#InvestSmart #FinTechInnovations #BlockchainFuture

Many players have expressed dissatisfaction with the fact that HMSTR for airdrop averages $8. However, this result is not surprising: even though Hamster Kombat banned 2.3 million players before the promotion started, the number of participants remained high and the rewards became much thinner.

If the selling pressure eases, the price of HMSTR may recover. However, if buying pressure appears during this period, the price may jump to $0.0080. In addition, Hamster Kombat has not yet responded to user complaints.The current market value of Hamster Kombat is US$435 million, which is well below the amount that market speculation estimated before listing. If market conditions do not change, the value of HMSTR may continue to decline. Future price movement and market stability remain questionable.Please let us know what you think about this article!Read us at: Compass Investments