October 9, 2024

LINK Poised for 13% Decline, Here’s What’s Happening

Amid the ongoing uncertain cryptocurrency market sentiment, Chainlink (LINK) is poised for a price decline as it has formed a bearish price action pattern on its daily time frame.  In addition to LINK’s bearish outlook, its price has started declining alongside other major cryptocurrencies. LINK Price Momentum  At press time, LINK is trading near the...
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South Korea to Tighten Stablecoin Regulations With New Forex Rules

South Korea’s Ministry of Strategy and Finance announced on October 8 that it is reviewing measures to regulate stablecoins more strictly. This decision comes amidst increasing criticism that stablecoins are emerging as a hidden threat in the foreign exchange landscape due to inadequate government oversight. Rising Cross-Border Use and Industry Criticism According to local media...
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Launch of Forexeko by Avenix Fzco: A New Forex Robot for MT4 Platform

[PRESS RELEASE – Dubai, United States Emirates, October 9th, 2024] Forexeko is the newest forex robot released by Dubai, UAE-based fintech Avenix Fzco. Designed for usage on the MetaTrader 4 (MT4) platform, this Expert Advisor (EA) especially targets XAUUSD trading on the M30 period. Forexeko uses several techniques and features meant for market condition analysis...
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Taiwan’s Financial Watchdog Prepares to Test Crypto Custody Services with Local Banks

Taiwan’s Financial Supervisory Commission is preparing to roll out a pilot program for institutional crypto custody. The regulatory agency intends to collect applications in early 2025, and three private banks have already expressed interest in participating. The latest move signifies efforts to promote institutional adoption of crypto in the region. Institutional Crypto Custody in Taiwan...
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Memereum Secures Top Spot on CoinSniper with 32M Presale Tokens Sold

[PRESS RELEASE – Monaco, Monaco, October 9th, 2024] Memereum has recently claimed the top position on CoinSniper, thanks to over 3,100 votes from its growing community. This achievement signaled strong market confidence in the project to the team and highlighted the enthusiasm surrounding Memereum’s innovative features. As the presale continues, Memereum has sold over 32...
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Nudge Launches Re:allocation Points App – Unlocking Hidden Value in User Wallets

[PRESS RELEASE – Berlin, Germany, October 9th, 2024] Nudge.xyz, the pioneering protocol behind the Re:allocation Primitive, has launched the Nudge Points App – the first DeFi app designed to reveal the hidden value in users’ wallets. Using a proprietary algorithm, the app assigns Re:allocation Points, serving as a proxy for future Nudge incentives users can...
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Zyfi Announces Launch of Community Sale for Whitelisted Users and Public Participants

[PRESS RELEASE – Lausanne, Vaud, October 9th, 2024] Zyfi has announced the launch of its community sale for whitelisted users and public investors. Zyfi provides the best on-chain experiences, leveraging Paymaster and Intents powered by ZKsync. After successfully completing a $3 million private funding, Zyfi is now nearing its token launch event (TGE) with a final...
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ATLETA and Bybit forge powerful partnership: a chance to win real Porsche, Rolex or iPhone

[PRESS RELEASE – Mahe, Seychelles, October 9th, 2024] ATLETA Network, modular, multi-layer blockchain for the sports industry, has teamed up with Bybit, one of the leading global crypto exchanges. This marketing strategic partnership will provide new users with a chance to win incredible prizes: a racing car Porsche 718, wrist watches Rolex, iPhone 16 Pro,...
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Coinbase Enables Bitcoin Transactions to Taproot Addresses

Coinbase has announced a significant update for its users, enabling them to send Bitcoin to Taproot addresses on October 8th. This integration expands Taproot’s accessibility, enhancing privacy, scalability, and security. With the latest support, Coinbase has joined prominent crypto exchanges such as Binance, OKX, and Kraken. In its tweet, the crypto exchange stated, “We’re pleased...
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Now Live: Pre-Launch Futures Contract for SCR with 2x Leverage

A new pre-launch futures contract for Scroll (SCR) – SCRUSDTH25 – is now available to trade on BitMEX. The new listing is margined in Tether (USDT) and offers up to 2x leverage so you can long or short SCR before it’s listed on spot exchanges. Trading for SCRUSDTH25 started here at 09:00 UTC on 9 Oct...
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Ripple (XRP) ETF Underway? Canary Capital Files an Application with the US SEC

On Oct. 8, ETF issuer Canary Capital filed with the US Securities and Exchange Commission for an exchange-traded product for Ripple’s XRP. It is the second filing for an XRP-based fund in a fortnight, following Bitwise’s application for the Bitwise XRP ETF trust on Sept. 30. The firm stated that the product would track XRP’s...
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Simpler Fees, Bigger Rewards: Upcoming Changes to BitMEX Fee Structures

From 22 October at 00:00 UTC, a new, simpler, and more rewarding fee structure will be implemented on BitMEX.  The new structure was designed to benefit traders of all kinds on BitMEX, small and big. With the change, users will be able to access lower entry barriers to our VIP fee levels, more standardised and...
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Peter Todd Denies Being Satoshi Following HBO Film Claims

A new HBO documentary, “Electric Money: The Bitcoin Mystery,” by Cullen Hoback, aired on Oct. 8. It suggests that Peter Todd, a 39-year-old software developer, might be Satoshi Nakamoto, the mysterious creator of Bitcoin. However, the documentary’s evidence is largely circumstantial, focusing on Todd’s early involvement with Bitcoin and his connections to other key figures, such...
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Bitcoin (BTC) $ 67,078.97 2.09%
Ethereum (ETH) $ 2,608.93 0.26%
Tether (USDT) $ 1.00 0.10%
BNB (BNB) $ 591.82 1.09%
Solana (SOL) $ 153.87 0.82%
USDC (USDC) $ 1.00 0.06%
XRP (XRP) $ 0.53926 1.19%
Lido Staked Ether (STETH) $ 2,608.78 0.25%
Dogecoin (DOGE) $ 0.120085 3.38%
TRON (TRX) $ 0.159299 0.38%