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Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. In October, Toncoin and Dogen skyrocketed, surpassing Dogecoin and SHIB. This change signals a new era for cryptocurrencies. October saw notable changes in the cryptocurrency space. Rising stars like Toncoin and Dogen are making great strides and gaining attention that previously belonged to Dogecoin and SHIB. This change heralds a new era for digital currencies, sparking curiosity and anticipation about the next big move in the market. See which cryptocurrencies are ready for growth. DOGEN: The ultimate meme token…

In 2022, the unpegging of the TerraUSD (UST) stablecoin led to a collapse of the crypto sector and ultimately led to the exposure of fraud at FTX and others. A lot has changed since then, especially in relation to the views that traditional stakeholders in finance and payments have regarding stablecoins. Observers in the financial services and corporate business sectors seem to be paying close attention to blockchain technology and stablecoins. For example, PayPal completed its first business payment to EY on Thursday (October 3) using its stablecoin PYUSD. PayPal, which made a venture investment in blockchain company Chaos Labs…

Ethereum revenue in September after the Fed rate cut was about four times that of Solana. Ethereum’s annual inflation rate rose to 0.74%, the highest level in two years. Ethereum has regained the support level at $2,395 and could rise to $2,595 if it breaks above the 100-day SMA. Ethereum (ETH) rose more than 3% on Friday, with recent reports pointing to on-chain revenue growth in September as ETH’s annual inflation rate rises to a two-year high. Ethereum monthly revenue growth begins to recover despite rising issuance rate Swiss crypto bank Signum noted in a report on Thursday that Ethereum’s…

In this article, we will explain how ETFSwap (ETFS) offers real value in contrast to meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB). A new project has emerged in the world of cryptocurrencies that offers crypto investors real value and long-term growth potential. Compared to meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), ETFSwap (ETFS) stands out for its unique service and innovative approach to cryptocurrencies, making it one of the best in the history of crypto investing. Open the gateway to making the most crypto millionaires. ETFSwap (ETFS): A solid alternative to meme coins Compared to…

Ripple (XRP) price fell from $0.63 to $0.52 earlier this week due to a new regulatory battle with the US SEC. However, traders in the derivatives market are holding positions in anticipation of a rebound in altcoins and appear to believe this is a temporary setback rather than a long-term barrier. Whether it’s true or false, this analysis explores the reasons behind this sentiment and what could happen next for XRP. Ripple bulls hope for light at the end of the tunnel On Wednesday, the US SEC filed an appeal challenging the unsafe status of XRP declared by the court…

Payment giant PayPal has reportedly completed its first transaction using the dollar-pegged stablecoin it launched last year. Bloomberg reported that on September 23, the San Francisco-based company used PayPalUSD (PYUSD) to pay an invoice to Big Four accounting firm Ernst & Young. Paypal settled an undisclosed amount using SAP Digital Currency Hub, a platform that allows users to pay with cryptocurrencies and stablecoins without intermediaries. José Fernández da Ponte, PayPal’s senior vice president of blockchain, cryptocurrencies and digital currencies, said the payments represent a new use case for stablecoins, which currently have a market capitalization of nearly $700 million. He…

Bitcoin prices rose on Friday after explosive jobs numbers allayed fears of an impending economic slowdown in the US, earlier rising more than 3% to a daily high of more than $62,300. Ta. The Bureau of Labor Statistics reported Friday that employers added 254,000 jobs in September, well above the 140,000 job gains expected by economists. Meanwhile, the employment data for July and August was revised upwards, highlighting a positive picture for the working environment, which was thought to have deteriorated as the US Federal Reserve (Fed) began its easing campaign.September data on Friday showed U.S. employers added the most…

Important points Tether develops technology solutions tailored to the European market. This new technology aims to address the challenges posed by the MiCA regulatory framework. Share this article Tether plans to introduce new technology solutions designed specifically for the European market to adapt to the evolving regulatory landscape in the region. The plan comes amid rumors that USDT could be delisted from Coinbase in Europe. “As we have consistently stated, several aspects of MiCA could make the operation of EU-sanctioned stablecoins more complex and introduce new risks to both local banking infrastructure and the stablecoins themselves. ,” Tether said in…

Dogecoin price vs. DOGE large holders Netflow | Into the Block Notably, the netflow chart reveals that the whale added 37.43 million DOGE on September 29, with buying pressure increasing in the following days. By October 3rd, the whale had accumulated an additional 1.55 billion DOGE as the market continued to decline. Based on the 5-day simple moving average (SMA) price of $0.11, these whale investors effectively spent $160 million to buy DOGE during the market decline. Whale investors are known to have long-term investment horizons. Therefore, the accumulation of such large numbers of whales in such a short period…

Wang Rongzi October 4, 2024 17:24 Explore the impact of state and federal regulation on stablecoin issuers, including risks and benefits, as analyzed by Paxos. Understand the challenges and opportunities in the evolving regulatory environment. The rapidly growing stablecoin market, currently worth hundreds of billions of dollars, has drawn increased attention to its regulatory status, particularly in the United States. As Paxos’ recent analysis reveals, the ongoing debate between state and federal regulations is critical to stablecoin issuers and the broader cryptocurrency ecosystem. Understanding stablecoins and their issuers A stablecoin is a digital currency…