News - Page 22

The XRP price recently broke through a key resistance at $0.55, signaling the potential for further bullish momentum. However, with Bitcoin facing resistance at $35,000, altcoins like XRP are experiencing selling pressure, putting its recent gains at risk.

A widely followed crypto analyst has issued a warning about the future of altcoins in the crypto market. The analyst, known as Credible Crypto, believes that if Bitcoin (BTC) continues its upward momentum, altcoins may fizzle out. While not mentioning any specific digital assets, Credible Crypto cautions investors not to get caught up in altcoin pumps that occur when BTC is going sideways between major price increases.

In the trial of the former billionaire, the judge has limited the defense's ability to use an advice-of-counsel defense. The defense lawyers had sought to introduce this defense across all topics, but the judge has only allowed them to discuss FTX's document retention policy. This means that the defense will not be able to present evidence or arguments related to advice given by lawyers in other areas. The judge's decision narrows the scope of the defense's strategy and may impact their ability to present a comprehensive case. It is important for the defense to carefully consider how they will present their arguments within the limitations set by the judge.

The Department of Justice (DOJ) has consistently opposed SBF's defense strategy in the ongoing case. They argue that this strategy is irrelevant and could potentially distract the jury from the main crime: an $8 billion embezzlement scheme that SBF is accused of.

Injective (INJ) price is unbothered by the widespread consolidation, witnessed in the crypto market since Thursday, up 10% on Friday to trade at $13.15. After rallying by a whopping 547% since the start of the year, the interoperable Layer-1 blockchain powering the next generation of decentralized finance applications (DApps), is closing in on its all-time high of $24.89.

The Ethereum price rally experienced a pause on Thursday after a week of excitement among crypto investors. The focus was mainly on the potential approval of Bitcoin spot exchange funds (ETFs), as there were signs that the US Securities and Exchange Commission (SEC) was warming up to the idea.

The digital pound has faced several criticisms, ranging from concerns about its impact on the banking system and financial stability to doubts about its usefulness.

The Floki coin price has experienced a significant rally, surging around 120% from its low on October 20th. Currently trading at $0.0000377, the coin has caught the attention of crypto enthusiasts with its impressive performance.

In 2022, hi co-founder Sean Rach announced the launch of a new debit card that can be customized with NFTs. After an extensive period of product design and development, the first batch of NFT customized cards has recently been shipped.

An analyst who accurately predicted the top of Bitcoin’s 2021 bull market believes that altcoins are poised for a significant surge. The pseudonymous analyst, known as Pentoshi, has a large following on the social media platform X, where he shares his insights. According to Pentoshi, certain altcoins could experience a substantial rally lasting up to six weeks.

October has witnessed significant advancements in the digital asset space. This article highlights two key developments that have taken place.

Proto-danksharding is a groundbreaking solution that aims to improve the scalability of the Ethereum blockchain. This innovative approach serves as the foundation for future scalability upgrades, including danksharding, which is part of the blockchain's 'Surge' roadmap.

According to a survey conducted by the Korea Financial Intelligence Unit (KoFIU), the number of crypto investors in Korea has reached approximately 6 million, which accounts for about 10% of the country's population. This indicates a significant growth in the crypto market in Korea.

Real-World Assets (RWA) are physical assets, like real estate or cars, that have been digitized and made accessible in decentralized finance (DeFi) applications. This emerging trend is seen as a trillion-dollar opportunity, as it has the potential to revolutionize the way people trade and invest in global assets.

Rollbit, the online gaming platform, is hosting daily Challenges throughout October, known as Slotober. With a total prize pool of $10,000, players have the opportunity to win cash rewards and exciting prizes.

EarnBet, a decentralized casino, is set to revamp its tokenomics, ushering in a new era of growth and prosperity for its community and investors.