Day: October 8, 2024

SUI price set for new ATH amid native USDC launch

Sui received a major boost after stablecoin issuer Circle announced support for native USDC on the layer-1 blockchain platform’s mainnet. Circle announced native USDC (USDC) was live on Sui (SUI) on Oct. 8. Also notable for Sui on the day was the announcement by leading U.S.-based crypto exchange Coinbase that it had added USDC to Sui on its listing roadmap. The news comes amid a significant surge for Sui, which has more than doubled in value over the past month. The cryptocurrency’s price rose sharply after Bybit added Sui on…

POPCAT Breakout Sparks Whale Buying Frenzy Near Peak Levels

boss

Este artículo también está disponible en español. Popcat (POPCAT), yet another memecoin that recently gained momentum, is making headlines as it closes in on an all-time high. In this context, whale activity is peaking for big investors buying millions of tokens. As the market buzz grows, many people are asking what the future holds for this whimsical cryptocurrency. Related Reading Whale Activity Generates Interest Popcat has recently gained attention due to major purchases made by whales. One investor made news by purchasing 2.36 million tokens for approximately $1.75 million, at…

Crypto.com Files Suit Against SEC Over Expanded Jurisdiction Claims

Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the regulator’s authority over the sale of digital assets on secondary markets. The lawsuit, filed in the United States District Court for the Eastern District of Texas, alleges that the SEC is unlawfully extending its jurisdiction to include most digital tokens […] Source CryptoX Portal

Satoshi’s Identity Won’t Be Revealed and That’s A Good Thing

For years, journalists, bloggers, and filmmakers have tried to uncover Satoshi’s identity, with the latest attempt coming from HBO’s Money Electric: The Bitcoin Mystery (scheduled to air 9 p.m. ET October 8). So far, none have succeeded. Yet the adoption of bitcoin around the world has continued unabated. Bitcoin was always meant to be bigger than one person. The fact that its creator had gone to great lengths to hide his or her identity was always meant to reinforce its decentralized ethos. Source

Bitcoin ETF Options To Supercharge Price Volatility, Expert Warns

boss

Este artículo también está disponible en español. The Bitcoin price volatility is likely to surge in both directions following the recent approval of options for spot Bitcoin ETFs, according to Jeff Park, head of Alpha Strategies at Bitwise Investments. In an interview with Anthony Pompliano, Park explained how these newly available options differ from existing crypto derivatives and why they could significantly impact the Bitcoin market dynamics. Why Bitcoin ETF Options Are A Game Changer Park outlined a comprehensive thesis in the interview, noting, “Volatility is not just a static…