News
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Bitcoin Price Struggles Under Resistance – Will Bulls Fail and Bears Take Control?
Bitcoin price extended losses after it traded below $114,000. BTC is now consolidating losses and might decline further to test the $110,500 support zone. Bitcoin started a fresh decline below the $114,000 zone. The price is trading below $114,000 and the 100 hourly Simple moving average. There is a...NewsBTC
Wed, Sep 24
XRP Outshines Gold, Stocks, And Bitcoin As Thailand’s Best Asset
According to reports citing Thailand’s financial regulator and local market data, XRP posted the strongest year-on-year return among major assets in the country. The cryptocurrency recorded about 390% gains compared with the same period last year, and it has held the top spot for nine consecutive mo...Bitcoinist
Wed, Sep 24
FTX recovery trust sues Genesis Digital Assets for $1.15B
The FTX Recovery Trust, a legal entity established to manage the bankruptcy estate of FTX Trading Ltd. following its collapse in November 2022, has recently filed a lawsuit aiming to reclaim more than $1 billion in funds that its former CEO, Sam Bankman-Fried, had sent. In a filing dated September 22, which was made at […]Cryptopolitan
Wed, Sep 24
Crypto firm Tether eyes $500 billion valuation in major raise, Bloomberg News reports
Sept 23 (Reuters) - Crypto giant Tether is in talks to raise as much as $20 billion in a private placement that could value the El Salvador-based firm at about $500 billion, Bloomberg News reported on Tuesday.The company is seeking $15 billion to $20 billion for roughly a 3% stake, the report said, ...Reuters
Wed, Sep 24
CFTC unveils plans to allow stablecoins as tokenized collateral in derivatives markets
US Commodity Futures Trading Commission (CFTC) Acting Chair Caroline D. Pham announced on Tuesday that the agency will launch an initiative to enable tokenized collateral in derivatives markets, including stablecoins.Fxstreet
Wed, Sep 24
XRP Supply Shock: Pundit Breaks Down How ‘Little’ Coins Are In Circulation
A crypto pundit has highlighted how the XRP circulating supply is becoming increasingly scarce. With large chunks of tokens locked in various channels and restricted from active circulation, the analyst argues that the market may be preparing for a serious supply shock. Analyst Claims XRP‘s Supply I...Bitcoinist
Wed, Sep 24
Bitcoin Market Sees Over 73,000 BTC Influx Into Wallets Younger Than 1 Month – Is A Rally Near?
As Bitcoin (BTC) continues to trade in the low $110,000 range, on-chain data shows that a fresh wave of demand has entered the market. Notably, the Net Position Change (NPC) of the youngest cohort of BTC holders has re-entered positive territory, raising hopes for the cryptocurrency to gain bullish ...NewsBTC
Wed, Sep 24
Solana Price Prediction: $300 in Play, While Bigger Momentum Builds Around This Crypto Under $1
Solana (SOL) is back in the headlines once again, and experts estimate that the token could hit the $300 level if bullish momentum continues. Its exceptionally fast transaction rate as well as its growing base of holders have seen it become a top coin in the altcoin market. In the meantime, there’s also stronger buzz […]Cryptopolitan
Wed, Sep 24
Bitcoin Consolidation Phase: Why Chop Is A Normal Aftermath Of Extreme Volatility
Following a period of intense volatility and a significant price movement, Bitcoin’s market is now experiencing a predictable consolidation phase, characterized by what traders call intraday chop. This is not a sign of weakness but rather a natural and often necessary stage in any market cycle...NewsBTC
Wed, Sep 24
Helius Takes First Step In Solana Treasury With $175 Million Purchase
Helius Medical Technologies has officially kick-started its Solana (SOL) treasury strategy with an initial acquisition of 760,190 tokens. Helius Has Started Buying Solana With Its $500 Million Raise As announced in a press release, Helius Medical Technologies has completed its first Solana purchase ...Bitcoinist
Wed, Sep 24
The crypto treasury trend may be running out of gas
Companies that switched their business focus to holding digital currencies are now using borrowed money to buy back their own shares, suggesting the “crypto treasury” trend may be falling apart. Businesses ranging from online gaming firms to golf cart makers changed their strategies to purchase cryptocurrencies just two months ago. Now these same companies are […]Cryptopolitan
Tue, Sep 23
Eurozone business growth hits 16-month high
Business activity across the eurozone reached its strongest level in 16 months during September, though concerns remain about whether this growth can continue as new orders stopped increasing after a brief uptick the month before. The HCOB Flash Eurozone Composite Purchasing Managers’ Index, put together by S&P Global, climbed to 51.2 in September from 51.0 […]Cryptopolitan
Tue, Sep 23
AVAX Price Prediction: Bulls Target $50 With Treasury Inflows, and Tokenization Momentum
Despite the recent market bloodbath, Avalanche (AVAX) continues to attract both institutional and retail interest, gaining 17% in the 24-hour charts and trading near $35.50 after a series of sharp rallies. Related Reading: Bitcoin Short-Term Holders Capitulate: 30K BTC In Realized Losses Over 24 Hou...NewsBTC
Tue, Sep 23
Over 200 Residents Lose Crypto In South Korea Tax Crackdown
Cheongju city authorities have moved to collect unpaid local taxes by seizing cryptocurrencies from residents, according to reports. Since 2021, officials say they targeted 203 people who failed to pay local levies. Of those, crypto from 161 individuals was already frozen or taken, with the city est...Bitcoinist
Tue, Sep 23
Cathie Wood buys back into Alibaba as stock hits multiyear hig
Cathie Wood just jumped back into Alibaba after four years of silence, right as the stock exploded to its highest point since late 2021. On Monday, her firm Ark Investment Management bought Alibaba shares through two of its ETFs. The total value? About $16.3 million, according to Ark’s daily trading report. This isn’t some small […]Cryptopolitan
Tue, Sep 23
