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South Korea plans to impose exchange controls on stablecoins, highlighting the government’s concerns about their growing use in cross-border trade. South Korea is considering introducing exchange controls for stablecoins, reflecting the government’s concerns about the growing use of stablecoins in cross-border transactions, the Korean Economic Newspaper reported. The Ministry of Economy and Finance is reportedly considering measures to increase the stability of cryptocurrency transactions, especially those related to stablecoins. Although stablecoins are widely used only within the cryptocurrency ecosystem, the ministry believes that they may soon serve as a means of payment and transaction in the real economy. The report…

Last updated: October 27, 2024 03:30 EDT Author Ben Beddow Author Ben Beddow About Author Ben is a freelance writer with almost a decade’s experience writing across multiple industries. He has a passion for, and great understanding of, cryptocurrencies and the underlying blockchain… Share Fact Checked by Dassos Troullides Author Dassos Troullides About Author Having studied English at Goldsmith’s University of London, Dassos quickly honed his skills and passion for writing within the digital marketing and financial sectors. With over five years’ experience… Last updated: October 27, 2024 03:30 EDT Why Trust Cryptonews With over a decade of crypto coverage,…

Despite FUD over a possible price capitulation on the back of the SEC’s upcoming appeal in the Ripple case, XRP maintains its stance above $0.52. A recent notice of appeal by the U.S. Securities and Exchange Commission has caused concern within the XRP community. By way of background, the securities watchdog notified the U.S. Court of Appeals for the Second Circuit on October 3 that it intends to challenge the ruling handed down by Judge Annalisa Torres in Ripple v. SEC. Of note is the reaction from Ripple CEO Brad Garlinghouse and other XRP supporters. The XRPL native token also…

Despite the recent surge in the cryptocurrency market, coins such as Ethereum and Ripple have not kept up with the broader rally. Meanwhile, Roll Block ($RBLK) has attracted a lot of investors as experts are eyeing an eye-popping 100x move in the coming months. Let’s dive in! Buterin earns cash as Ethereum ($ETH) falls Ethereum co-founder Vitalik Buterin recently made headlines after selling over $340,000 in various meme coins such as Degen and Mooden, as well as a large amount of Tether USDT. Ethereum holders are currently awaiting further news to find out what Ethereum chiefs will do with their…

advertisement The price of Dogecoin (DOGE), the OG meme coin, has been stuck for some time, but the stall may be nearing an end before the next big rally begins. According to prominent crypto investor and technical analyst Ali Martinez, Dogecoin may be repeating history and signaling an upcoming bullish break in cryptocurrencies. Is it time for a Dogecoin 200% rally? Analyst Ali Martinez has a super bullish prediction for Dogecoin. In a recent post on Twitter (aka Each time this pattern appears, it is accompanied by a price increase of at least 200%. However, a 60% retracement followed before…

ライトコインには若干の強気の圧力があったが、長期的な買いの優位性を示すためには200日EMAを上回って終了する必要があった。デリバティブ指標は短期的な回復への期待を示した。 ライトコイン（LTC）は最近、200日間EMAから反転した後、短期的な下落傾向を示しました。その後、62ドルのサポートレベルの再テストは強い買い圧力に見舞われ、LTCが20日および50日EMAを上回った。 この最近の購買力の高まりは、強気派にとって潜在的な短期優位性をもたらしているが、LTCは依然として重要な変曲点付近をさまよっている。 本稿執筆時点では、LTCは約66.33ドルで取引されており、過去24時間で1.7％下落した。 ライトコインの強気派は反発を狙っているのか？ 出典: TradingView、LTC/USDT 最新の日足チャートでは、LTCが62ドルのサポートレベルから反発し、20日EMAと50日EMAを上回っていることが示された。現在、LTCはこれら2つのEMA付近で取引されており、価格が重大な局面にあることを示しています。 買い手がこれらのEMAから価格を押し上げた場合、LTCは上昇傾向が継続し、現在約71ドルにある200日EMAをターゲットにする可能性があります。 しかし、価格が20日および50日EMAを下回って終了した場合、LTCは62ドルレベル付近のトレンドラインサポートの再テストにさらされる可能性があり、回復の見通しが遅れる可能性があります。 MACD インジケーターはまだマイナス領域にありますが、MACD ラインがシグナルラインに近づくにつれて強気クロスオーバーの兆候を示しました。決定的なクロスオーバーは、買い手に有利な勢いの変化を示す可能性があります。 これらの線のいずれかがゼロマークを下回った場合、それは売り圧力の増加を示唆することになります。 デリバティブデータで明らかになった事実 出典: コイングラス ライトコインのデリバティブデータは複雑な感情を示した。 24時間のロング/ショート比率は0.9654で、トレーダーのバランスの取れた心理を反映している。 しかし、Binance と OKX のロング/ショート比率は 2.2862 と 2.55 で非常に強気でした。これは、これらのプラットフォームのトレーダーがLTC価格の潜在的な上昇を期待していることを示しています。 LTCオプションの建玉は2.95％と若干減少しており、最近の価格変動を受けてトレーダーがある程度の警戒感を示していることが示唆された。 ライトコイン (LTC) の 2024 ～ 2025 年の価格予測を読む 清算データによると、過去 12 時間でショート ポジションが大幅に清算され、ロング ポジションが優勢であることが明らかになりました。これは、空売り筋が撤退を余儀なくされていることから、強気の勢いがまだ拡大する余地があることを示している。 市場全体の変化もLTCの軌道に影響を与える可能性が高いため、トレーダーはビットコインの動きにも細心の注意を払う必要があります。現時点では、LTC は危機的なレベルに位置しており、EMA を上回るか下回る決定的な動きによって、その短期的な進路が決定されることになります。 次へ: ビットコイン取引所への流入が新安値を更新 – 中国はBTCを7万7,000ドルまで押し上げることができるか? Source link

Here are the takeaways from today’s Morning Brief. Sign up to receive the following in your inbox each morning:September’s better-than-expected jobs report puts an exclamation point on a trend that has continued for much of the past two months.US growth data is surprisingly upbeat again.”Forget about soft landings. They probably won’t land,” Steve Sosnick, chief market strategist at Interactive Brokers, told Yahoo Finance. “Maybe that’s what this jobs report is telling us.”This should all feel a little familiar to investors who have been closely following economic trends over the past few years. While the consensus thought the U.S. economy was…

Further decline in Ethereum price warns of a clampdown on the local support trend line. Will altcoins survive? Ethereum price is currently trading at $2,418, down 2.85% in 24 hours. It has fallen by 8.56% in the past seven days, losing the standard of $300 billion in market capitalization. Ethereum is currently valued at $291 billion, with a 24-hour trading volume of $16.11 trillion. Will Ethereum be able to sustain its position above $2,400 amidst increased market volatility and renewed selling pressure? Let’s examine the key support levels and potential price trends. Ethereum price analysis The daily chart shows a…

Former Ripple board member Matt Hamilton believes that XRP (XRP) is better than Bitcoin (BTC). Matt Hamilton, former director of developer relations at RippleX, believes that XRP is a better crypto asset than Bitcoin, the world’s largest cryptocurrency on the market. In a recent interview on the Mr. M Podcast, the former Ripple director focused on the scalability and practicality characteristics of both cryptocurrencies. 🚨Breaking News: Why former Ripple developer Matt Hamilton talks about Bitcoin Maxis #XRP better #BTC! 🚀#XRPTheStandard #CryptoRevolution pic.twitter.com/qzXc9U7IT0 — Brett (@Brett_Crypto_X) October 6, 2024 XRP is more suitable for large-scale use than Bitcoin According to him,…

Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. According to the Ripple stablecoin tracker account on the RLUSD) burned out the stablecoin.These large mints coincided with…