Solana Struggles Below Key Resistance, Can Price Flip $30 Into Support?

SOL’s price struggle to reclaim a key support area of $30 after losing this region.  SOL breaks below a descending triangle as the price looks weak despite Bitcoin (BTC) dragging market prices upwards.  The price of SOL respects the resistance line as the price trades below 50 and 200 Exponential Moving Averages (EMA). The price of Solana (SOL) has had a difficult start to October despite many traders and investors speculating the month to be fruitful for most crypto, including Solana (SOL), calling it names like Uptober. The crypto market,…

Tel Aviv Stock Exchange to create crypto platform

The Tel Aviv Stock Exchange (TASE) disclosed on Oct. 24 the creation of a blockchain-based platform to expand its trading services to cryptocurrencies and other digital assets as part of the new strategic plan for the years 2023 to 2027.  The exchange stated about its venture into crypto and the creation of a digital asset platform: “TASE will promote the implementation of innovative technologies, including DLT, tokenizing of various classes of digital assets and smart contracts. TASE intends to examine multiple potential action plans, including conversion of existing infrastructure to…

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Crypto Exchange Bybit Spends $3.8M on Bithumb Shareholder T-Scientific’s Convertible Debt

CryptoX – Cryptocurrency Analysis and News Portal Singapore-based Bybit bought almost a third of the 16 billion won of convertible debt T-Scientific issued at the end of last month. T-Scientific (057680) is listed on the South Korean stock exchange. Convertible debt is a fixed-income security that pays interest, but can be converted into equity under certain conditions. Original Source The post Crypto Exchange Bybit Spends $3.8M on Bithumb Shareholder T-Scientific’s Convertible Debt appeared first on CryptoX. CryptoX Portal

A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’ – Bitcoin News

A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid the reallocation process, the team could not comment further. Crypto Rewards Platform Freeway.io Pauses Withdrawals, Project Accused of Being a Ponzi Scheme The crypto community is dealing with another rewards platform that has decided to halt withdrawals amid a decision to reallocate funds. On October…

Santander Proposes Project to Tokenize and Trade Assets with Brazilian CBDC

The objective of this project is to streamline the processes of transacting with different kinds of property through the platform. Santander, one of the biggest banking institutions in the world, has put out a proposal to broaden the scope of Digital Real’s potential usage as a central bank digital currency (CBDC) in Brazil. Santander is leveraging technology from another company, ParFin, to tokenize the ownership rights of the assets in a transaction and handle the exchange of the currency, in this case, the virtual currency, for the asset. The latest…

an Interview With Paxful’s Ray Youssef

“The Global South is very interesting, particularly places like Africa, because the people there don’t need anything,” Youssef remarked. “They are under such restrictive financial regimes, that honestly, it’s a miracle they’re not extinct. They’re ingenuity and resourcefulness will create amazing wealth.” Source