Ripple Accelerates Stablecoin Initiative with 350,000 RLUSD Issued

Ripple has issued an additional 350,000 units of its RLUSD stablecoin in 24 hours, as part of testing on the XRP Ledger and Ethereum. The testing is designed to ensure the security and efficiency of RLUSD ahead of its official launch.

Recent updates to the XRP Ledger, including the fixEmptyDID and fixPreviousTxnID amendments, are strengthening the network’s stability, making it easier to integrate RLUSD into the blockchain ecosystem.

Market reaction has been positive, with XRP surging 5.44% to $0.622. However, a 25% drop is still possible if the SEC appeals before October 7.

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Changpeng Zhao released from prison today: what's next for the former Binance boss?

This September 29, 2024 marks the early release of Changpeng Zhao, aka CZ, after four months in prison. Initially scheduled for Sunday the 29th, CZ was released on Friday the 27th due to American administrative practices. Convicted of failings in the fight against money laundering at Binance, CZ is now a free man, and speculation about his future abounds.

With a fortune estimated at $60 billion, he could choose to retire to enjoy his family in Paris, where his wife and children live. However, despite his ban on managing the day-to-day affairs of Binance, CZ will remain influential as a major shareholder. Some also mention his educational platform project, Giggle Academy, which he could develop.

Will he turn the page on crypto or make a strong comeback in the Web3 ecosystem? The mystery remains, but one thing is certain: CZ has not said his last word.

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Robinhood Ready to Launch Its Own Stablecoin?

Robinhood is reportedly considering creating a stablecoin backed by the US dollar, following in the footsteps of Tether (USDT) and Circle (USDC). While this is still just a rumor, as reported by Bloomberg, a Robinhood spokesperson indicated that there are “no imminent plans.” Since opening up to cryptocurrency in 2022, Robinhood has seen considerable trading volumes, which could explain its growing interest in a homegrown stablecoin. However, we will have to wait and see if the company will take the plunge, as SG-FORGE did with EURCV.

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Stacks (STX) Surges 30% Ahead of Nakamoto Upgrade and Stablecoin Launch!

Stacks’ STX token, a Bitcoin-focused layer-2 smart contract platform, has surged 30% in a week, driven by Bitcoin’s rally and the impending Nakamoto upgrade.

- STX Rally: +30% in seven days, trading volume doubled to $148.2 million.

- Nakamoto Upgrade: Scheduled for October 9, this upgrade will introduce the Bitcoin-pegged sBTC stablecoin, speeding up transactions and facilitating DeFi on Bitcoin.

- Booming Ecosystem: Smart contracts growth (+30% in August) and DEX trading volume on Stacks explodes (+31,300%).

- Bitcoin Effect: Bitcoin’s price increase and Bitcoin ETF approval boost demand for STX, which hits a high of $2.07.

Stacks is increasingly positioning itself as a key player in the development of Bitcoin Layer 2, riding the momentum of the king of cryptos.

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MicroStrategy Surpasses 252,000 BTC With New Purchase of 7,420 BTC! 💰🚀

MicroStrategy Strikes Again! The company acquired an additional 7,420 bitcoins for $458 million, bringing its treasury to 252,220 BTC, or nearly $16 billion. This new purchase follows the successful issuance of $1 billion in convertible bonds.

- New purchase: 7,420 BTC at $61,750 per BTC.
- Total treasury: 252,220 BTC, purchased at an average cost of $39,266.
- Unrealized profits: $6 billion on the Bitcoin bet.
- Saylor's vision: BTC at $13 million in 21 years.

MicroStrategy Strengthens Its Unwavering Bond with Bitcoin, Confirming Its Ambitious and Visionary Strategy.

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🏦 Société Générale-FORGE launches its EURCV stablecoin on Solana 💸

Société Générale-FORGE (SG-FORGE) is deploying its EUR CoinVertible (EURCV) stablecoin on the Solana blockchain. This launch aims to improve transactions in decentralized finance (DeFi), payments and decentralized applications (dApps).

Solana, known for its speed and low fees, will enable EURCV to streamline payments and accelerate transactions in real time. This stablecoin, compliant with MiCA regulations, will bring security and stability to retail and institutional users in the DeFi ecosystem.

EURCV on Solana opens new possibilities in digital payments and DeFi, ensuring compliance and reliability in line with future MiCA standards.

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Cryptocurrencies and US Elections: Issues and Influence 🗳️ 🇺🇸

In 2024, cryptocurrencies are taking a key place in the US elections. While Donald Trump proclaims himself the "crypto candidate", the Democratic camp, weakened by Elizabeth Warren and Gary Gensler's opposition to crypto, is trying to catch up under the leadership of Kamala Harris.

Trump, supported by crypto giants like a16z and the Fairshake PAC, hopes to capitalize on a crypto electorate of 68 million Americans. This massive financial support could be decisive in the race for the White House.

The Trump-crypto alliance threatens the Democrats, prompting Harris to engage with the industry. The anti-crypto war seems to be calming down, with promises of broader adoption of crypto in American politics.

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Circle Partners with Sony for USDC Expansion

Stablecoin issuer Circle has partnered with Sony Block Solutions Labs to advance the adoption of USDC on Sony’s Soneium Layer 2 blockchain. The partnership aims to make USDC the standard for Web3 payments.

USDC will be integrated via the Bridged USDC Standard, an interoperable solution for Ethereum-compatible blockchains. The collaboration will give developers access to digital dollar payments on Soneium.

Circle CEO Jeremy Allaire said the partnership marks a step forward in stablecoin adoption, facilitating more seamless and secure Web3 experiences.

Circle is the second-largest stablecoin issuer with a circulating supply of $35.7 billion, although that has declined since its peak of $56 billion in 2022.

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$USDC

🏦 Revolut is preparing to launch its stablecoin 💸

Revolut, the crypto-focused neobank, is working on its own stablecoin backed by real assets, according to sources close to the company and CoinDesk. The move puts Revolut alongside major companies like PayPal and Ripple, and is part of Europe's upcoming MiCA regulation.

Revolut, already active in cryptocurrency services via its app, sees an opportunity to expand with the issuance of a stablecoin, especially after obtaining a banking license in the United Kingdom. The project aims to strengthen its position as a leader in secure financial services.

The stablecoin market, dominated by Tether (USDT) and Circle (USDC), is growing rapidly. Revolut, with its vast network of users, could become a strong competitor.

This development confirms Revolut’s ambition to establish itself in the world of cryptocurrencies and modern financial services.

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Solana Reinvents Itself with a Revolutionary Update

Solana has unveiled a major update with the introduction of ZK Compression, a technology that uses Zero-Knowledge Proofs. It reduces transaction and storage costs by up to 1000 times, while improving network efficiency. This advancement strengthens Solana's competitiveness against giants like Ethereum, and could promote mass adoption of the blockchain.

Since the announcement, the SOL crypto has already seen a 1.5% increase, reaching $138.82. Investors are speculating on a rise to $300, although global market uncertainty could influence this trajectory.

With this update, Solana is positioning itself as a key player in the evolution of blockchains, but the future will depend on the continued adoption of its innovations.

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BlackRock: Bitcoin, Future International Reserve Currency 💰

BlackRock, the world's largest investment fund, has published a report suggesting that Bitcoin (BTC) could become an international reserve currency. Its decentralized nature, fixed money supply and global adoption make it a unique asset. Despite its volatility, BlackRock believes that its long-term returns outperform those of traditional assets.

The report highlights that Bitcoin is increasingly seen as a safe haven during economic or geopolitical crises. Its resistance to censorship and independence from national banking systems make it a valuable asset for investors.

BlackRock calls Bitcoin a major breakthrough, allowing value to be transferred around the world in real time, without an intermediary. The institution sees Bitcoin as an emerging technology that could eventually become an international payment currency and store of value.

Bitcoin could disrupt the global monetary order, offering an alternative to the dollar and reinforcing its appeal as a reserve currency.

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Donald Trump Buys Hamburgers in Bitcoin: A Strong Political Gesture! 💰

Donald Trump, candidate for the 2024 presidential election, made an impression by buying hamburgers with Bitcoin (BTC) in a crypto bar in New York. This symbolic gesture makes him the first former president to make a public transaction in Bitcoin, he who once called the cryptocurrency a "scam".

Crypto at the heart of his campaign

Two days after supporting his sons' crypto project, Trump is now using BTC to attract new voters and stand out from his opponents, notably Kamala Harris, who remains more cautious on the subject. This scene could become an emblematic moment of the 2024 campaign, where cryptocurrencies take center stage.

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The Fed Cuts Rates for the First Time Since 2020: What Are the Consequences?

The US Federal Reserve (Fed) announced on Wednesday a 0.5 point cut in its key rates to 4.75-5.00%, a first since 2020. This decision marks the beginning of a cycle of monetary easing after several increases aimed at combating inflation, which had pushed rates to 5.25-5.50%.

Why is the Fed cutting rates?

Inflation, the Fed's main concern in recent years, is starting to slow. The consumer price index (CPI) fell to 2.5% in August, its lowest level since February 2021. However, the rate cut this time comes for another reason: rising unemployment is now worrying the central bank.

A struggling job market

In August, the US private sector created only 99,000 jobs, compared to 111,000 in July, a figure well below the 140,000 expected by analysts. The job market is deteriorating, forcing the Fed to adjust its policy. Its mission is not only to stabilize prices, but also to ensure full employment.

What are the prospects?

The Fed plans to lower its rates by a total of half a point by the end of 2024 to support the economy and encourage job creation. However, the institution will have to juggle the risk of a return of inflation with the need to revive the job market.

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CZ Released on September 29: What's Next for Binance?

September 29, 2024 will mark the release of Binance founder Changpeng Zhao (CZ) after a period of incarceration. But as that date approaches, the future of the platform remains uncertain. CZ, an iconic figure in the cryptocurrency world, shaped the crypto ecosystem with Binance, which has become a must-have platform since its creation in 2017. However, his potential return raises many questions.

Binance Without CZ: An Unclear Future?

Since his arrest, Binance has continued to operate despite legal pressure, proving its resilience. However, investigations by the CFTC and SEC continue to weigh on the platform. Many wonder whether CZ will take over the reins or whether he will choose to stay in the background to allow Binance to adopt a new strategy and appease regulators.

A CZ Return, a Turning Point for Binance?

If CZ returns, it could breathe new life into Binance and boost the value of its assets like BNB and Binance Smart Chain (BSC). However, uncertainty remains as to the direction the platform will take, especially if CZ decides to step aside and make way for a new management team.

What will this mean for users?

Investors are eagerly waiting to see how CZ’s release will impact the market. Binance, despite the legal challenges, could well continue its expansion in the crypto ecosystem. However, regulators and market participants are closely monitoring this case.

$BNB $BTC $ETH

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Binance Revolutionizes with Moonbix: Earn Crypto by Playing on Telegram!

Binance, the leading crypto exchange, is hitting hard with its new intergalactic game, Moonbix, available on Telegram. This space mini-game is based on the "play-to-earn" concept, where players accumulate crypto by completing interstellar missions and collecting cosmic objects.

Accessible to all without specific equipment, Moonbix allows you to pilot a spaceship and earn rewards in BNB. The more you play, the more you earn thanks to the loyalty bonuses offered by Binance. This game embodies a well-thought-out strategy to retain users while making the world of crypto more accessible and entertaining.

The game, booming even before its official launch, aligns Binance with the growing trend of play-to-earn games. Moonbix, with its simple and engaging mechanics, is riding this promising wave, allowing players to have fun while enjoying the financial benefits of Web3.

Join the adventure now and earn cryptos by inviting friends!

Referral bonus:

- Earn 10% of your friends' points (up to 50,000 points).
- Your friends receive 1000 points as a gift upon registration.

Join here: [Moonbix Telegram](https://t.me/Binance_Moonbix_bot/start?startApp=ref_1154406772&startapp=ref_1154406772&utm_medium=web_share_copy) https://t.me/Binance_Moonbix_bot/start?startApp=ref_1154406772&startapp=ref_1154 406772&utm_medium=web_share_copy #BinanceTurns7 #IntroToCopytrading #MarketDownturn $BNB $TON

ANKR Launches Neura: A Blockchain Revolution for AI 🧠

In a booming crypto market, ANKR stands out with the launch of Neura, a new blockchain dedicated to artificial intelligence (AI). ANKR, a pioneer of decentralized infrastructures (DePIN) since 2017, is positioning itself as a key player in Web3 by facilitating interactions between dApps and businesses.

Neura: A Blockchain for AI

Neura is a blockchain compatible with the Ethereum Virtual Machine (EVM) and built on CosmosSDK. It offers a solid foundation for AI startups with a decentralized marketplace for GPU rental and Initial Model Offerings (IMO) to obtain computing power and crowdfunding.

ANKR Token Analysis

Since Neura's announcement, the ANKR token has experienced a 15.23% drop, falling to $0.05547. Investors should watch the support at $0.05387, with a potential bounce if the $0.05 threshold is breached. The $0.1 target could be reached if the positive momentum continues.

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$ANKR $SOL $BTC

Fantom Launches Sonic Foundation and Labs for Revolutionary New Blockchain

Fantom Foundation has announced the creation of Sonic Foundation and Sonic Labs, two major entities dedicated to supporting Sonic, a new Layer 1 blockchain connected to Ethereum via a Layer 2 bridge. This initiative marks a significant step forward, with Sonic promising much higher speed and security than Fantom Opera.

Sonic will allow users to withdraw funds directly to Ethereum and will ensure full interoperability with Fantom’s $FTM token. Fantom has also raised $10 million to further develop this ecosystem.

$FTM $BTC $ETH

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Tether Is a Bigger Scam Than FTX, Says Cyber ​​Capital Founder

Justin Bons, founder of Cyber ​​Capital, recently caused an uproar in the crypto community by declaring that Tether is “a bigger scam than FTX.” According to him, Tether’s lack of transparency, especially regarding its reserves, is a major red flag. While FTX imploded due to fraudulent practices, Bons points out that Tether, as the largest stablecoin issuer, could be hiding even more serious risks for the crypto market. He urges investors to be vigilant, suggesting that the bubble could burst at any moment.

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Donald Trump: 84% chance of launching his own crypto token before the 2024 election, according to Polymarket

Polymarket bets give an 84% probability that Donald Trump will issue a crypto token before the November 2024 presidential election. This follows the announcement of his World Liberty Financial project, led by his family. However, for the market to resolve in a "Yes" vote, Trump will have to personally issue a verifiable token on a blockchain before November 4, 2024. Bets have reached $1.7 million, despite uncertainty over Trump's exact role in this project.

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Robinhood Reinstates XRP, Sparking Optimism, But With a Catch

Robinhood has announced the reinstatement of XRP on its platform, rekindling investor enthusiasm. The return comes on the heels of Ripple’s recent legal victory against the SEC, bolstering hopes for broader adoption of XRP.

However, one detail is causing caution. While the addition of XRP is being viewed positively, some analysts warn that regulatory uncertainties remain, especially if the SEC decides to appeal.

In short, the reinstatement is a strong sign for the crypto market, but regulatory hurdles could still hamper XRP’s momentum.

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