A Solana (SOL) whale recently moved 1.6 million tokens as the asset slips into the list of trending crypto assets amid a massive 52% increase over the past 30 days. According to whale-tracking platform Whale Alert, the funds were worth $50.39 million at the time of the movement. On-chain data confirms that the transaction occurred today at 06:01 (UTC) and involved two unidentified Solana wallets. The transfer has triggered mixed reactions, especially considering the limited information surrounding it. While some market watchers posit it could signify an attempt at selloff…
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Top Crypto Exchange Binance To Shutter Visa Debit Card Program in Europe
Binance is shutting down its crypto-powered Visa debit card in Europe. The top global crypto exchange by trading volume says Binance Card services will stop working in the European Economic Area (EEA) in December. Binance notes that customer accounts won’t be impacted. The exchange urges European customers to transition to Binance Pay, the company’s crypto payment technology. And here goes the #Binance Visa Debit Card! First Paysafe providing EUR on/offboarding, now Contis providing the debit card, what’s next? pic.twitter.com/e7EF7G7CVN — Michael ??S?? (@M_affirmed) October 20, 2023 Binance first rolled out the…
Top Crypto Firms Refer to ‘Major Questions’ Doctrine in Legal Battle with Regulators
Crypto firms have been using the “major questions” doctrine to defends themselves against the enforcement actions of the regulations. However, it has its own flaws in place. Over the last year, multiple firms in the crypto space have engaged with regulators on different issues. These companies have been boldly questioning the regulatory stands against crypto firms. In order to curb the “government overreach”, a major question doctrine recently established a legal precedent. Typically, Congress writes the rules while agencies like the US SEC and the CFTC follow them. This also…
Top Gaming Company Embraces XRP Amidst Price Resistance
BitPay, the pioneering crypto payment service provider based in Atlanta, Georgia, has taken another significant step in its collaboration with global video game commerce company, Xsolla, by integrating the XRP token. Today, October 17, BitPay announced via X (formerly Twitter): “Xsolla now accepts XRP with BitPay as a payment method for their games, such as SMITE and Roblox. You can use your favorite cryptocurrency to buy, play, and enjoy gaming like never before.” Why This Announcement Is Important This announcement not only cements XRP’s growing relevance in the gaming world but…
Analyst Predicts Next Bitcoin Cycle Top
The cryptocurrency landscape is once again rife with speculation as Bitcoin traverses its current fourth halving cycle. Amidst varied predictions, renowned crypto analyst CryptoCon’s insights, grounded in the Gann Square methodology, the November 28 Halving Cycles theory, and the 5.3 Diminishing Returns theory have garnered significant attention. CryptoCon remarked via X (formerly Twitter) today, “The Gann Square predicts either $89,000 or $135,000 for the Bitcoin top this cycle.” He emphasized the accuracy of the Gann Square theory during previous cycles, pointing out its precision in predicting the cycle tops. Will…
Podbam Announces the Top Cryptocurrency Podcasts for 2023
Podcast review platform Podbam has just released its 2023 list of the top podcasts covering cryptocurrencies and blockchain technology. As the crypto space continues evolving at lightning speed, podcasts have become an invaluable resource for anyone looking to understand the latest concepts, innovations, and market developments. With new cryptocurrencies, decentralized apps, regulations, and trends emerging constantly, podcasts enable learning on the go about everything from DeFi and NFTs to Bitcoin and Ethereum. To help listeners stay up-to-date, Podbam compiled the 17 best crypto podcasts to follow in 2023 based on…
China’s Central Huijin Investment Bolsters Stake in Top 4 Banks to Stabilize Stock Market amid Economic Challenges
This strategic investment, totaling around $65 million, translates to approximately 0.01 percentage point in each bank. The impact on the market was immediate and substantial, with shares of these major banks soaring between 2.43% and 4.73% in the early hours of Thursday. China’s sovereign wealth fund, Central Huijin Investment Ltd, has taken a significant step to bolster the country’s struggling stock market. In a move similar to its 2015 intervention, Huijin has increased its stake in China’s top four banks, namely the Bank of China, the Agricultural Bank of China,…
Render defies bearish market sentiment, becomes top gainer
Render (RNDR) has been consistently registering notable gains with small losses over the past 60 days while the market has been affected by different factors. RNDR is up by 3.65% in the past 24 hours and is trading at $1.79 at the time of writing. The asset’s market capitalization rose to roughly $665 million while its 24-hour trading volume has plunged by 9.5%, declining to $36.8 million. RNDR price, whale activity and social activity – Oct. 11 | Source: Santiment Render’s surge came while the marketwide bullish momentum has been…
Top 5 Altcoins For October 2023 That Could 20X Your Crypto Portfolio
By now, Bitcoin has grown to the point where crypto investors do not expect very large returns from it and are now looking toward altcoins that could provide the kind of returns they seek. However, with thousands of altcoins circulating in the crypto market, it can become quite hard to pick the coins that could end up doing well. So here are five altcoins that are well-positioned to do well in the next bull market that could potentially 20x your crypto portfolio. Lido DAO (LDO) Is A Top Crypto Contender…
BestChange Reinforces Its Credentials As Top Crypto Exchange Aggregator
October 9, 2023 – Dubai, United Arab Emirates BestChange.com has revealed the progress it’s made in cementing its position as a leading gateway for cryptocurrency exchange. The platform aggregates multiple crypto exchangers, enabling traders to find the best possible price for swapping digital assets. Every potential exchanger on BestChange.com undergoes a rigorous assessment to ensure their credibility. This approach significantly mitigates the risks tied to crypto trading, affording users the confidence required to trade cryptocurrency. Beyond cryptocurrencies, users can seamlessly exchange e-currencies such as PayPal, Skrill and PerfectMoney, alongside conventional…