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“# Price analysis 10/1: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, LUNA, UNI ” The month of September stayed true to its billing as a historically weak period for cryptocurrencies. Bitcoin (BTC) closed the month with a loss of about 7%. However, October may bring cheer to the bulls because Bitcoin has risen in…
“# Altcoins take the next leg up after Bitcoin price holds $47.5K ” Bullish sentiment returned to the cryptocurrency ecosystem on Oct. 1 after a 10% spike in the price of Bitcoin (BTC) lifted it above the $47,500 level and resulted in the liquidation of more than $270 million in short positions. The altcoin market quickly…
“# 3 factors that can send Ethereum price to 100% gains in Q4 ” Ethereum’s native token Ether (ETH) has the potential to double its market valuation in the coming months, thanks to a confluence of supportive technical and fundamental indicators. Ether price soared by more than 9% Friday to hit nearly $3,300 for the…
“# Bitcoin history repeating? 3 indicators suggest October will reignite the BTC bull market ” Bitcoin (BTC) failed to break the so-called September curse as its price fell by a little over 7% into the month, despite a strong rebound rally right ahead of its close. Nonetheless, Bitcoin looks to be making a comeback in…
“# Brazil Stock Exchange wants to provide oracles for digital real ” Brazil Stock Exchange (B3), one of the world’s few exchanges trading Bitcoin (BTC) exchange-traded funds, is exploring ways to provide data inputs for the country’s central bank digital currency, or CBDC. Luis Kondic, managing director of listed products and data at B3, claimed…
“# French regulator warns against unauthorized crypto platforms ” French stock market regulator, the Autorité des Marchés Financiers (AMF), continues monitoring the cryptocurrency market to warn investors about unauthorized crypto services. On Oct. 1, AMF updated its web portals identified as offering crypto and foreign exchange (forex) investments through unauthorized entities. The list included four…
“# Singapore finance authority grants licenses to Independent Reserve and DBS ” Singapore’s principal financial regulator, the Monetary Authority of Singapore (MAS), has officially approved two companies to offer cryptocurrency services in the country. MAS issued Oct. 1 licenses to Australian crypto exchange Independent Reserve and DBS Bank’s brokerage arm, DBS Vickers (DBSV), allowing them…
“# South Korean crypto tax delay thwarted ” Lawmakers in South Korea settled a long political battle on Sept. 30th and headed off moves by the ruling party to delay the implementation of the controversial crypto tax legislation. In a meeting on the 26th but only reported yesterday, Finance Minister Hong Nam-ki and key Democratic…
“# DeFi and DEX volumes soar amid China’s crypto ban and ongoing US regulation ” Last week China’s heavy-handed crackdown on crypto trading crypto briefly sent shockwaves across the market as Bitcoin and altcoin prices saw a sharp drop following the announcement, but as is the case with all things crypto-related, the market bounced back…
“# Bears intend to pin Bitcoin price below $42K until Friday’s $700M expiry passes ” Bitcoin (BTC) has been trading in a descending pattern since the strong $53,000 rejection that occurred on Sept. 7, and the $3.4 billion futures contracts liquidation along with China’s ban on crypto trading appear to have severely impacted traders’ morale. …