Month: October 2024

Bitcoin (BTC) Price Likely to Experience Brief Correction After Hitting $65,000
Daily Crypto News

Bitcoin (BTC) Price Likely to Experience Brief Correction After Hitting $65,000

After just recently breaching the $65,000 mark, Bitcoin’s (BTC) cost might have struck a brick wall. While this current cost boost shows strong bullish momentum, historic patterns recommend that BTC might draw back before the rally continues. This on-chain analysis highlights the signs verifying this projection and what financiers must anticipate in the near term….

Mango Markets Agrees to Destroy MNGO Tokens in SEC Settlement
Daily Crypto News

Mango Markets Agrees to Destroy MNGO Tokens in SEC Settlement

The U.S. Securities and Exchange Commission (SEC) settled charges with Mango DAO, Mango Labs LLC and Blockworks Foundation declaring that the MNGO token was an unregistered security which the latter entities provided unregistered broker services. The entities will ruin their MNGO tokens and ask crypto exchanges to stop trading the tokens, along with pay $700,000…

Puma Partners with Web3 Mobile Game UNKJD Soccer
Daily Crypto News

Puma Partners with Web3 Mobile Game UNKJD Soccer

By Philip Maina 3 weeks agoSun Sep 22 2024 05:00:25 Checking out Time: 2 minutes Puma has actually partnered with web3 mobile video game UNKJD Soccer to check out the web3 world The collaboration will see the intro of Puma-branded in-game products Puma thinks that the collaboration will help in its success in the digital…

FILLiquid Launches FIG Staking to Introduce Revenue Sharing for Its FIL Borrowing Platform
Daily Crypto News

FILLiquid Launches FIG Staking to Introduce Revenue Sharing for Its FIL Borrowing Platform

[PRESS RELEASE – Berlin, Germany, October 14th, 2024] FILLiquid, an emerging Filecoin-based platform for leasing and loaning, has actually introduced FIG Staking, a brand-new item that permits users the possibility to make yield by staking the platform’s governance token, FIG. This effort leverages a revenue-sharing design, improving the energy of FIG and making it possible…

Europe Crypto Roundup: Bitpanda Promotes Euro Stablecoin, Kraken Acquires Dutch Broker, and More
Daily Crypto News

Europe Crypto Roundup: Bitpanda Promotes Euro Stablecoin, Kraken Acquires Dutch Broker, and More

BeInCrypto’s detailed Europe Crypto Roundup covers the most recent news and patterns forming the continent’s crypto landscape. With press reporters throughout crucial markets like Germany, France, and the UK, we supply extensive insights into developing regulative environment, adoption rates, significant market occasions, and market motions. Today’s roundup covers Societe Generale’s collaboration with Bitpanda, Kraken’s acquisition…

Binance Founder Changpeng ‘CZ’ Zhao Is a Free Man
Daily Crypto News

Binance Founder Changpeng ‘CZ’ Zhao Is a Free Man

Binance creator Changpeng “CZ” Zhao has actually been launched from jail, according to the U.S. Bureau of Prisons (BOP). Zhao’s release comes 2 days ahead of his scheduled release date this Sunday, Sep. 29. The BOP is lawfully enabled to launch detainees early if their release date falls on a weekend or vacation. In April,…

Bank of Canada Scraps CBDC Development
Daily Crypto News

Bank of Canada Scraps CBDC Development

By Mark Hunter 3 weeks agoSun Sep 22 2024 05:01:47 Checking out Time: 2 minutes The Bank of Canada has actually deserted its advancement of a Central Bank Digital Currency (CBDC) following comprehensive research study and assessments The choice follows the bank figured out that there was no instant public requirement or strong need for…

Web3 Gaming Startup PiP World Secures $10 Million Seed Funding from Leading Global Fintech Organization Exinity
Daily Crypto News

Web3 Gaming Startup PiP World Secures $10 Million Seed Funding from Leading Global Fintech Organization Exinity

[PRESS RELEASE – Dubai, UAE, October 14th, 2024] Strategic Investment Propels PiP World’s Mission to Transform Financial Education Through Innovative Web3 Gaming and EdTech Solutions PiP World, a pioneering Web3 video gaming and EdTech environment, has actually protected $10 million in seed financing from Exinity, a leading worldwide fintech company. This financial investment represents a…

This Is Why Bitcoin (BTC) May Reach $73,000 In October
Daily Crypto News

This Is Why Bitcoin (BTC) May Reach $73,000 In October

Bitcoin (BTC) is revealing indications of a possible parabolic rally in October. A combined reading of some on-chain metrics signals that the king coin is poised to approach the $73,000 rate mark. This analysis explores these metrics and highlights what BTC holders require to understand. Bitcoin Is the Talk of the Town The spike in…

Binance Founder Changpeng ‘CZ’ Zhao Could Be Released on Friday
Daily Crypto News

Binance Founder Changpeng ‘CZ’ Zhao Could Be Released on Friday

CZ was sentenced to 4 months in jail in April after pleading guilty to breaching the Bank Secrecy Act by stopping working to establish an appropriate know-your-customer (KYC) program at Binance. “We are thrilled that CZ will be home with his household. While he is not handling or running Binance, we are delighted to see…