“Going from zero to 2% was almost no increase. Going from zero to 5% caught some people off guard, but no one would have taken 5% out of the realm of possibility,” Dimon said, during an interview with the Times of India. “I am not sure if the world is prepared for 7%.” Source
Binance has reopened its services in Belgium by resuming its registration for the country’s residents after a suspension for about three months, the crypto exchange giant announced yesterday (Monday). “We are delighted to announce that as of today, new registrations of Belgian residents are welcome on our platform once again,” the tweet from Binance’s Belgian handle stated. “In addition, various Binance products and services are accessible again to Belgian users who have accepted our new Terms of Use.” Great news for our Belgian community 🇧🇪 We’ve now reopened registrations and…
Crypto influencer Ben Armstrong, previously known as BitBoy, has reportedly been arrested while live-streaming outside the house of a former business associate, who he alleges is in possession of his Lamborghini. Before the YouTube stream, he posted that he was “going live soon from a very special location.” I’ll be going live soon from a very special location on YouTube so get ready this is going to be good — Ben Armstrong (@BenArmstrongsX) September 25, 2023 Less than an hour later, Armstrong was live-streaming himself at the residence of consultant…
Armstrong has had an apparent fallout with his former business partners, several tweets suggest. Source
The inventor of Bitcoin Ordinals is proposing a new Bitcoin-based fungible token protocol as a potential alternative to the BRC-20 token standard. The BRC-20 standard was launched in March by an anonymous developer “Domo.” Within two months, the BRC-20 market cap reached $1 billion, with PEPE and ORDI among the most notable BRC-20 tokens created on Bitcoin. New terrible idea just dropped: Runes. A worse-is-better fungible token protocol for Bitcoin.https://t.co/TPVrUvWxm8 — Casey (@rodarmor) September 25, 2023 BRC-20 enables the minting and transfer of fungible tokens via the Ordinals protocol on…
Ripple’s token price is holding gains above $0.50 against the US Dollar. XRP price could take a hit if it fails to recover above $0.512. Ripple’s token price is attempting a fresh increase above $0.508 and $0.512 against the US dollar. The price is now trading above $0.500 and the 100 simple moving average (4 hours). There is a major contracting triangle forming with resistance near $0.505 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair might gain bullish momentum if there is a close…
Crypto exchange Binance is teaming up with Japan’s largest bank, the Mitsubishi UFJ Trust and Banking Corporation (MUTB), to explore the issuance of stablecoins in Japan. On Sept. 25, Binance Japan announced a joint study that aims to see the companies issue yen and other fiat stablecoins to accelerate Web3 adoption in Japan. The pair plan to utilize a platform called “Progmat Coin” which would be a Japanese regulatory-compliant stablecoin issuance and management system. The Japanese bank would be pioneering the development of the “Progmat Coin” platform as infrastructure for…
Ethereum price is attempting a recovery wave from $1,565 against the US Dollar. ETH could struggle to recover above $1,600 and might resume its decline. Ethereum is slowly moving higher toward the $1,600 resistance zone. The price is trading below $1,600 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $1,595 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it fails to clear the $1,600 resistance zone. Ethereum Price Struggles Below $1,600…
The price of Optimism’s native OP token is leading losses among the top 50 cryptocurrencies, falling as far as 10% on the week ahead of a $30 million token unlock. According to data from tokenomics platform Token Unlocks, 24.16 million OP tokens, which account for roughly 3% of the circulating supply — are scheduled to be unlocked on Sept. 30. The next OP token unlock is scheduled for Sept. 30. Source: Token Unlocks At current prices, the unlock will see a little more than $30 million worth of OP tokens…
Bitcoin price is struggling below the $26,500 resistance. BTC could accelerate lower if there is a close below the $26,000 support in the near term. Bitcoin is struggling and trading well below the $27,500 resistance. The price is trading below $26,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $26,420 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could resume its decline unless there is a close above the $26,500 level. Bitcoin Price Faces…