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Ripple partners with key exchanges for new stablecoin RLUSD launch
Ripple Labs, a San Francisco-based payments company, has announced its initial exchange partners for the upcoming launch of its USD-pegged stablecoin, RLUSD. The announcement was made today during the opening session of Ripple’s annual conference, Ripple Swell 2024. This is a major step for Ripple’s stablecoin project, which seeks to revolutionize the compliance and usefulness […]Cryptopolitan
Tue, Oct 15
Bitcoin Price Forecast: BTC breaks above $67,000
Bitcoin (BTC) extends its gains on Tuesday, trading above $67,000 after a 5% rally on Monday, driven by robust demand reflected in over $555 million in inflows into US Bitcoin Spot Exchange Traded Funds (ETFs), as well as a Tuesday report from crypto asset trading firm QCP that underscores growing optimism for BTC.
Fxstreet
Tue, Oct 15
UAE’s Central Bank approves the launch of an AED stablecoin
The United Arab Emirates (UAE) has granted AED Stablecoin LLC in-principle approval to launch AE Coin, the country's regulated stablecoin. The stablecoin issuer aims to improve payments and transactions in the region.Cryptopolitan
Tue, Oct 15
Binance helped Indian police recover 100,000 USDT tied to crypto scam
The Delhi Police, in collaboration with Binance, have seized over 100,000 USDT linked to a sophisticated scam in India. According to a report from The Hindu, the operation was conducted on October 15, 2024. The action by the police led to multiple arrests and exposed a fraudulent entity operating under the name “M/s Goldcoat Solar.” […]Cryptopolitan
Tue, Oct 15
Cardi B’s $WAP token under investigation in UAE
The UAE Securities and Commodities Authority launched an investigation on $WAP, a Solana-based token promoted by celebrities like Cardi B. The case surrounding Cardi B and the $WAP token has once more highlighted ongoing concerns about celebrity-endorsed tokens and their impact on the broader market.Cryptopolitan
Tue, Oct 15
Russia sacrifices its currency in persistent efforts to defeat America
Russia’s ruble is in a freefall, heading fast toward 100 per dollar, a threshold that would have once caused panic. But not anymore. The Kremlin seems to be playing a different game, letting the ruble crash without rushing to rescue it. What’s the reason? Two anonymous sources familiar with the government’s plan said the weaker […]Cryptopolitan
Tue, Oct 15
MENA startups raised $282 million in September, $727 million in Q3
A monthly report by Wamda and The Digital Digest published on October 14 revealed that startups in the Middle East and North Africa (MENA) region raised approximately $282 million in September. The amount boosted the overall amount raised by MENA startups in Q3 to about $727 million.Cryptopolitan
Tue, Oct 15
Interview: TRES CEO Tal Jackson says there is no trust left in traditional finance
Nearly half of American men are clueless about where their money goes once deposited in the bank. A survey by TRES, a Web3 financial data platform, showed that 48% of men believe their bank deposits stay put. Women did better, with 68% understanding that banks lend out a portion of these deposits to make returns […]Cryptopolitan
Tue, Oct 15
South Kalos scrapped: Pokemon leaks finally confirm missing region
Leaks from a recent hack confirmed that the South Kalos region did exist in the Pokemon game world. Speculation over the region's existence had reignited after the release of Pokemon Scarlet and Violet. The information obtained from the hack confirmed the fans’ theories that Paldea was connected to South Kalos.Cryptopolitan
Tue, Oct 15
Bitcoin could hit $250K in 2025 – Here’s how and why
According to technical on-chain data, Bitcoin is on track to hit $233K, which could come as early as Q1 2025. The long-awaited “Uptober” bull run is finally here, with BTC trading above $65K in the last two days. In the latest BTC price prediction, X analytics account Bitcoindata21 used the relative strength index (RSI) to […]Cryptopolitan
Tue, Oct 15
America may cap Nvidia and AMD AI chip exports to some countries
The U.S. government is getting serious about restricting where Nvidia and AMD’s advanced AI chips can go. Right now, the Biden administration is talking about putting caps on sales to certain countries, especially in the Persian Gulf, according to Bloomberg.Cryptopolitan
Tue, Oct 15
Bitcoin price: Why the 2024 US elections might be a non-event for BTC’s parabolic phase
Speculations around Bitcoin price action have heightened ahead of the 2024 US elections. Republican and Democratic presidential nominees are influencing market sentiment, but Bitcoin is potentially on the brink of a parabolic phase. It raises the question of whether BTC’s historical price trajectory could overshadow the election’s effect. There are 3 reasons to believe that […]Cryptopolitan
Tue, Oct 15
