Price analysis 10/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

October 9, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Bitcoin’s failure to hold $62,000 may trigger another selloff and pull altcoin prices lower.

Ahead of the launch, Binance said it would offer zero maker fees for all FDUSD trading pairs. 285 Total views 2 Total shares The recently introduced stablecoin, FDUSD, which was scheduled to be listed on Binance on July 26, 2023, at 08:00 (UTC), enabling trading for FDUSD/BUSD and FDUSD/USDT spot and margin trading pairs has…

Ramaswamy exits DOGE for Ohio governor bid, leaving Musk as sole head

Vivek Ramaswamy said on X he was leaving the Department of Government Efficiency and was “confident that Elon and the team will succeed in streamlining government.”

New Jersey bill would make securities of crypto sold to institutional investors

The bill complements one already on the governor’s desk that regulates digital assets owned by individuals. 124 Total views 1 Total shares The New Jersey General Assembly may consider a bill that would decide when a digital asset or virtual currency is a security under state law. All virtual currencies issued and sold to institutional investors

Crypto group COPA launches bid to stop blockchain ‘patent trolls’

The Cryptocurrency Open Patent Alliance has launched a campaign targeting “patent trolls,” arguing that they block the path to crypto innovation.

Tether Crosses $10B, Leaving Competing Stablecoins in the Dust

Tether, USD Coin, and Binance USD have posted triple-figure market cap growth this year. 401 Total views 10 Total shares Crypto market data aggregator Messari reports that the market cap of leading stablecoin Tether (USDT) has surpassed $10 billion for the first time.Alongside Bitcoin (BTC) and Ethereum (ETH), Tether is now one of three crypto…

New Blockchain-Based Smart City Project Planned for Cambodian Capital

A Singaporean startup, Limestone Network, is using blockchain to sustain a smart neighbourhood at the heart of the Cambodian capital.As Tech in Asia reports on August 14, the 100-hectare mixed-use development in Phnom Penh encompasses residential properties, offices, retail centers, schools and a large-scale exhibition hall: it counts 10,000 business tenants and a daily population…

Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon

The announcement highlighted that this may spark the launch of more peso-backed stablecoins within the region. 1518 Total views 22 Total shares Amid market issues surrounding stablecoins, Tether (USDT) launched a new digital asset that will be pegged to the Mexican peso on Ethereum (ETH), Tron (TRX) and Polygon (MATIC) networks. In an announcement sent to…

Biden calls to end $18B ‘crypto tax loopholes’ —community begs to differ

Reddit users speculated that the president might be referring to the IRS wash sale rule not being applied to crypto yet. United States President Joe Biden recently shared an infographic on Twitter, calling to end “tax loopholes" that allegedly help wealthy crypto investors. Members of the community responded to the tweet, questioning the figures shared…

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Bitcoin whale 'FOMO' hits as BTC price coils below $67K liquidity zone

Bitcoin bulls are closing in on ask liquidity, which, if taken, would overcome key resistance and unlock BTC price discovery.

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