Ethereum and Solana have taken different paths in the past week, drawing the attention of investors diversifying away from Bitcoin. Solana, often called the “Ethereum Killer,” surged over 13% in the last seven days, ranking among the top weekly gainers. In contrast, Ethereum, with its larger market cap, saw a 4.63% decline during the same period. Solana’s Strong Performance and…
Month: October 2024
$5B in BTC & ETH Options Expire Today – What to Expect
Traders and investors in the crypto market are bracing for potential volatility as over $5.26 billion in Bitcoin and Ethereum options are set to expire today. This includes $4.25 billion in Bitcoin options and $1.01 billion in Ethereum options, leaving the market closely watching the outcomes. Price Predictions Based on Max Pain Point Theory Deribit data shows that 62,657 Bitcoin…
Chiliz’s Socios.com secures in-principle license approval in Malta
A Class 3 VFAA license would allow Socios.com to provide any digital asset service and hold or control clients’ assets as they provide a virtual financial asset service. Source: https://cointelegraph.com/news/socios-malta-class3-vfaa-license?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin analyst: $100K BTC price by February 'completely within reason'
BTC price trajectory appears all but destined for six figures in the mid term — despite nearly eight months of Bitcoin market consolidation. Source: https://cointelegraph.com/news/bitcoin-analyst-100k-btc-price-february-completely-within-reason?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Can XRP Hit $34 if Bitcoin Reaches $200K?
An analyst recently discussed the potential price movement of XRP in relation to Bitcoin, suggesting a significant surge in XRP’s value based on the XRP/BTC ratio. Overview of XRP/BTC Ratio Analysis The analyst highlighted a critical support zone known as the “YOLO Band,” symbolizing opportunities and risks at this level. This zone has historically been a turning point for market…
Ripple files Form C, appeals SEC ruling on XRP institutional sales
Ripple challenges SEC’s ruling on institutional XRP sales, claiming the Howey test was misapplied. Source: https://cointelegraph.com/news/ripple-files-appeal-sec-ruling-second-circuit?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635412014554&utm_campaign=rss_partner_inbound
Ripple files Form C, appeals SEC ruling on XRP institutional sales
Ripple challenges SEC’s ruling on institutional XRP sales, claiming the Howey test was misapplied. Source: https://cointelegraph.com/news/ripple-files-appeal-sec-ruling-second-circuit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
PA House Passes Groundbreaking Bitcoin Rights Bill
The Pennsylvania House of Representatives has approved a bipartisan bill, House Bill 2481, to bring regulatory clarity to the digital assets space. This development, coming just before the November elections, marks a crucial step towards defining the regulatory landscape for cryptocurrencies in Pennsylvania. Bipartisan Support and Key Provisions of House Bill 2481 The bill, also known as the Bitcoin Rights…
Buenos Aires Implements Self-Sovereign Decentralized Blockchain ID Initiative
Buenos Aires’ Innovation and Transformation Secretary, Diego Fernandez, confirmed that Quarkid, a self-sovereign decentralized blockchain ID project, has already been implemented as part of the city’s app, Miba. In a recent interview, Fernandez explained that users who have verified their identities with authorities can now use Quarkid’s sovereign technology, which allows them to store their […] Source: https://news.bitcoin.com/buenos-aires-implements-self-sovereign-decentralized-blockchain-id-initiative/
Microsoft Says “No” to Bitcoin Investment Proposal
Recently, the National Center for Public Policy Research proposed that Microsoft shareholders consider a Bitcoin Diversification Assessment during the company’s annual meeting on December 10, as disclosed in a recent filing. Microsoft’s Opposition to Bitcoin Proposal Microsoft has advised its shareholders to vote against this proposal, emphasizing that it already assesses factors like inflation and other macroeconomic risks within its…