News
India Critiques Unbacked Cryptocurrencies as RBI Launches Digital Currency Initiative
The Indian government is cautious about cryptocurrencies while announcing a new digital currency backed by the Reserve Bank of India.
Blockchain
BNY Explores Blockchain Solutions for Daily Payments of $2.5 Trillion
BNY Mellon is considering the use of tokenized deposits to enhance its cross-border settlement capabilities, as well as to update its payment systems.
Finance
BNY Mellon Investigates Tokenized Deposits for $2.5 Trillion Daily Payment Network
BNY Mellon is looking into the implementation of tokenized deposits to enhance its vast daily payment systems and improve cross-border transactions.
Crypto
Bitcoin Recovery Expected in 2 to 6 Months: Analysis Highlights
Analysts predict a mixed outlook for Bitcoin's recovery as it experiences a significant drop from its all-time high, with varying projections on future price movements.
Bitcoin
Bitcoin Miners See Shares Rise Following Jane Street's Stake Disclosure
After Jane Street revealed its holdings in several Bitcoin mining firms, stocks in the sector surged, continuing a lengthy upward trend.
Crypto
Bitcoin's Price Drops as US Regional Banks Face Credit Strain: Is $100K Next?
Bitcoin's value has dipped to $104,500 amid mounting concerns over US regional banks and risky loans, prompting speculation about further declines.
Market
Bitcoin's Drop and the Impact of US Bank Instability
Concerns over US regional bank pressures lead to a significant decline in Bitcoin prices, raising questions about future support levels.
News
Babylon Labs Introduces Bitcoin as Trustless Collateral for Ethereum
Babylon Labs claims to have created a mechanism allowing native Bitcoin to be used trustlessly as collateral for Ethereum transactions.
Crypto
A Major Bitcoin Whale Resurfaces with $360 Million Transfer, Fostering Optimism for October
The return of an $11 billion Bitcoin whale to the crypto markets signals potential trades amid October's favorable trends.
Cryptocurrencies
Upcoming Potential Rally for SOL Reaches $300: Key Factors Influencing Solana
Solana's price outlook strengthens with increases in total value locked, decentralized exchange activity, institutional interest, and expectations for spot ETF approvals.
Crypto News
Ethereum Prices Drop 6.7% Following Major Crypto Market Crash
Ethereum shows more resilience compared to altcoins that experienced steep declines during the recent market crash.
News
BNB Chain Memecoins Experience Over 30% Decline: Is the 'Meme Rush' from Binance Ending?
The recent drop in BNB Chain memecoins follows Binance's launch of 'Meme Rush,' revealing liquidity issues and concentration risks among wallets. Is this the end of the memecoin trend?
Crypto
Fed Lowers Interest Rates Amid Market Anticipation: Insights from Analysts
Analysts note that the crypto market had already anticipated the Fed's recent interest rate reduction, despite differing opinions on future cuts.
Blockchain
Corporate Ethereum Acquisitions Surge: Is a Supercycle Approaching?
Recent data reveals that corporate purchases have led to a significant increase in Ether ownership. Analysts predict a potential price surge based on these acquisitions.
Crypto Market
Bitcoin Surpasses $120K Mark Indicating New Accumulation Phase
Bitcoin has successfully surpassed the $120,000 threshold as market dynamics shift towards accumulation, signaling a potential upward trend.
News
UK's Renewed Push for Apple iCloud Backdoor Risks Crypto Wallet Security
The UK government is pressuring Apple to provide access to encrypted iCloud backups, which could lead to vulnerabilities for cryptocurrency wallets.
News
CoinShares Introduces Toncoin ETP as TON Market Value Falls Below $6 Billion
CoinShares has launched a new ETP for Toncoin, a cryptocurrency linked to Telegram, despite significant drops in its market valuation.
Blockchain
UK's Financial Regulator Promotes Blockchain for Fund Tokenization
The UK's Financial Conduct Authority has unveiled a plan to aid asset managers in utilizing blockchain and tokenization.
Crypto
Walmart's OnePay Banking App Set to Introduce Bitcoin and Ether Trading This Year
The Walmart-backed banking application, OnePay, aims to integrate cryptocurrency trading and custody, positioning itself as a superapp akin to China's WeChat.
Crypto
Bitcoin Faces Correction Yet Signals for $150K by Year-End Persist
Despite a recent sell-off, Bitcoin's derivatives market indicates strong potential for reaching $150,000 by the end of the year, driven by institutional support and healthy trading activity.
