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👀 XRP Rally Never Going to Happen: Max Keiser Vocal Bitcoin maximalist and a former financial journalist Max Keiser has mocked XRP holders in a recent tweet, saying that the chances of their favourite cryptocurrency starting to rally are equal to zero. Over the past few years, Keiser has been a Bitcoin advisor of El Salvador president Nayib Bukele. This country adopted BTC as its official and the only legal currency for its citizens. 🔸 XRP rally never going to happen, Keiser says Keiser published a 15-second video, in which a fledging crow is trying to eat a worm. The fledging crow only is opening its mouth but is not making any attempts to catch it. Bitcoin maxi’s tweet states: “XRP holders waiting for the rally that is NEVER GOING TO HAPPEN.” 💬 XRP holders waiting for the rally that is NEVER GOING TO HAPPEN. — Max Keiser Being a Bitcoin maximalist, Keiser constantly criticizes altcoins, especially top ones, like XRP, SOL, ADA, and ETH, referring to them as centralized “s-coins”. Once, Keiser tweeted that he agreed with the SEC and its chairman’s Gary Gensler’s policy about claiming altcoins to be unregistered securities as the regulator sued various crypto platforms in the US. In May this year, Keiser tweeted that XRP was made “to steal billions from witness fools,” referring to the SEC’s case against Ripple that has been running since the end of December 2020. 🔸 SEC appeals Ripple case The aforesaid comment made by the El Salvador president’s Bitcoin advisor comes after reports that the Securities and Exchange Commission had filed an appeal against the ruling of the federal judge Analisa Torres in its lawsuit against blockchain behemoth Ripple. On October 2, the agency filed its appeal, which created a trigger for a significant XRP price drop. However, the SEC is yet to file Form C with the Second Circuit to specify which issues exactly in the case it wants to appeal. #XRP #SEC
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📊 What Is Keeping Hamster Kombat Below $0.1 The token’s circulating supply of 64.37 billion HMSTR is mainly what is keeping its price below $0.1. A rise to $0.1 means that the Hamster Kombat will have a market cap of $6.43 billion. However, for now, such a market cap for the crypto token is unlikely possible, considering the crypto market’s total market cap. For the HMSTR price to attain such a market cap, the broader crypto market will need to experience exponential growth. For context, only the fifteen largest crypto tokens by market cap currently boast a market cap of $6.4 million and above. As such, it is unlikely that HMSTR will witness a price surge to $0.1 anytime soon. Moreover, Hamster doesn’t have any predefined burn mechanism in place. As such, the token remains inflationary and would only become less valuable as they release more tokens into circulation. Hamster released a whopping 64% of its total supply of 100 billion HSMTR upon launch. 60% of the supply went to the community. This was a bold move, considering that a significant number of these community members were already likely to dump their tokens upon receipt of their airdrop. This ultimately created a situation whereby the token’s supply exceeded its demand, which contributed to the downward pressure it faced upon launch. Despite its heavy popularity, the Hamster Kombat downtrend has continued. The HMSTR price is currently down over 50% from its current ATH of $0.01004. The token could once again witness a supply shock when season 2 of the Hamster airdrop ends. However, the season 2 airdrop campaign won’t end until Q1 of next year, meaning that the token’s price could achieve some stability before then. #HMSTR #HamsterKombat $HMSTR
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AI tokens, including Bittensor's TAO and Render's (RNDR), led a crypto market rebound on Friday, driven by a strong U.S. jobs report, reduced geopolitical concerns. #AI #Tokens
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🐋 Bitcoin whale's transfers of BTC mined in 2009 to Kraken hits $3.6 million: Arkham An older Bitcoin whale has transferred a total of $3.6 million worth of BTC mined in 2009 to the Kraken crypto exchange, according to Arkham Intelligence. An older Bitcoin whale has transferred a total of $3.6 million worth of #BTC to Kraken "A Bitcoin whale holding over $72.5 million [of] Bitcoin from 2009 has sent a total of $3.58 million [of] BTC to Kraken with their most recent movements yesterday," the blockchain analytics platform posted to X on Friday. "This Bitcoin was mined one month after Bitcoin’s launch in Feb/March 2009." Arkham also posted on Sept. 24 that the same whale had transferred five bitcoins to Kraken. Bitcoin was trading at $62,376 as of 4:03 p.m. ET, according to The Block Price Page. The blockchain analytics firm said that the most recent transfers occurred Thursday, the same day that HBO released a trailer for a new documentary that aims to reveal the true identity of the pseudonymous creator of Bitcoin, Satoshi Nakamoto. The documentary is slated to air next Wednesday. #Bitcoin
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⚡️ Important Dates of October October is generally considered the most positive month of the year and despite the negative start due to tensions in the Middle East, we have many events that will impact the market in October: ✅ 04.10 - US Unemployment ✅ 05.10 - MAJOR Listing ✅ 06.10 - TON Station Listing ✅ 07.10 - CATS Listing ✅ 09.10 - FOMC Minutes ✅ 10.10 - CPI data ✅ 15.10 - X Empire Listing ✅ 16.10 - Avalanche Summit Latam ✅ 17.10 - ECB interest rate ✅ 22.10 - Blockchain Life Forum 🔥 Keep your calendar of events for October 2024 and be prepared for the crypto market movement in advance.
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