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The onset of what traders affectionately call “Uptober” has ushered in a wave of optimism among market experts regarding Bitcoin’s trajectory. As cryptocurrencies continuously capture the Attention of investors, analysts are beginning to identify key indicators suggesting that Bitcoin may be on the verge of hitting unprecedented heights in the fourth quarter of 2024. With
September 2023 marked a key turning point for Cardano (ADA) as the cryptocurrency achieved its first positive month in the period since its inception in 2017. With a noteworthy gain of nearly 8%, this shift not only signifies a potential recovery for the coin but also sets a foundation for an optimistic outlook in the
As the cryptocurrency landscape remains volatile, Bitcoin’s price dynamics lead us through a complicated narrative of rapid injections of optimism and resurgent doubt. Mid-September witnessed a notable rally, fueling investor excitement and sparking discussions about its trajectory. However, as September concludes, Bitcoin finds itself once again below the critical psychological threshold of $65,000. This fluctuation
In a groundbreaking legal ruling on October 2, 2023, the United States Court of Appeals for the District of Columbia Circuit validated the legality of prediction markets that facilitate betting on U.S. elections. This pivotal decision emerged in response to an appeal lodged by the U.S. Commodity Futures Trading Commission (CFTC), which sought to pause
Bithumb, recognized as South Korea’s second-largest cryptocurrency exchange, is embarking on an ambitious journey to potentially list on the Nasdaq by the latter half of 2025. This decision, revealed during a shareholders meeting on September 30, highlights the exchange’s desire to capitalize on the burgeoning global interest in cryptocurrency markets. To facilitate this initial public
In a notable development for cryptocurrency investors and enthusiasts alike, Bitwise Asset Management has taken a significant leap by officially filing for an XRP exchange-traded fund (ETF) in Delaware. This filing signals a greater push for institutional investment in XRP, which has experienced both volatility and scrutiny in recent times. The announcement, made public by
The legal showdown between the Securities and Exchange Commission (SEC) and Ripple Labs continues to make headlines as the SEC announces its intent to appeal a recent federal court ruling. This conflict, which began in December 2020 when the SEC accused Ripple of engaging in an unregistered securities offering valued at $1.3 billion through the
As October 2023 commenced, Bitcoin’s trajectory diverged sharply from optimistic forecasts made by many investors in previous weeks. The cryptocurrency, which had shown robust gains leading up to September’s conclusion, faced a significant downturn in the early hours of the new month. On the very first day, Bitcoin experienced a notable dip, falling below the
In a significant acknowledgment of his contributions to the blockchain ecosystem, Charles Hoskinson, the founder of Cardano and CEO of Input Output, was recently awarded in Zug, Switzerland. This accolade was part of the ETH10X event, which commemorated the 10th anniversary of the Ethereum Foundation. Honoring Hoskinson alongside seven other co-founders of Ethereum, this event