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XRP prices have been in the spotlight this week with investors, with the cryptocurrency plunging following the latest developments in the Ripple SEC lawsuit. In the latest development, the US SEC has filed a notice of appeal, indicating that the legal battle is far from over for now. This move sparked speculation in the crypto market and led to a significant drop in crypto prices. However, despite this, prominent analysts claim that Ripple’s native cryptocurrency could reach $5, causing optimism in the market. Moreover, this is also in the middle of a slight recovery in the price of the cryptocurrency,…
You are reading Entrepreneur India, an international franchise of Entrepreneur Media. What a rare opportunity to see one of the most popular British boy bands in history leave a bitter taste in the Indian market? Buy tickets for INR 2,500 and sell for INR 300,000 for this The money-making acumen has left entertainment ticketing platform BookMyShow in trouble, leaving thousands of fans disappointed and furious.On September 22, the platform announced that it would sell the 2025 Indian version of Coldplay’s Music of the Spheres for between Rs 3,500 and Rs 35,000. More than 1.3 billion fans vied for a limited…
Global Blockchain Distributed Ledger Technology Market Outlook 2024-2032: Rising Demand and Key Trends:The latest research study ‘Global Blockchain Distributed Ledger Technology Market’ by Infinity Business Insights provides over 130 pages of in-depth analysis of business strategies adopted by major and emerging industry players. It provides insights into current market developments, trends, technologies, drivers, opportunities, and overall market outlook. Understanding the various segments is important to identify the factors driving market growth. Major companies profiled in this report include IBM Corporation, Microsoft Corporation, Amazon Web Services, Inc., Oracle Corporation, SAP SE, etc.Request a free sample copy of this research report: https://www.infinitybusinessinsights.com/request_sample.php?id=1932474&rpBlockchain…
As the next bull market approaches, certain digital coins are showing potential to outperform Bitcoin and Ethereum. These emerging altcoins are creating buzz and attracting attention for their potential for impressive returns. In this article, we dig into an outstanding candidate and explore the factors that may fuel their rise. Discover which cryptocurrencies are poised for growth and have the potential to bring in big returns. DOGEN: The ultimate meme token for real alphas who always win Imagine living the life of your dreams: luxury cars, lots of cash, and attention-grabbing women. That’s the DOGEN lifestyle! If you’re the type…
Veteran trader Peter Brandt is warning about Bitcoin (BTC) as the leading cryptocurrency falls to the $60,000 level. Brandt told his 741,200 followers on social media platform Ta. “Bitcoin’s recent rally did not disrupt its seven-month (price) sequence of falling highs and falling lows. Only closes above $71,000 were confirmed by a new ATH (all-time high). indicates that the trend from the November 2022 low remains valid.” Source: Peter Brandt/X Brandt then said that Bitcoin appears to be forming a bearish “Three Blind Mice” pattern on the daily time frame, and technical analysis indicates that the underlying trend is likely…
The crypto market in 2024 has been a rollercoaster of innovation, price volatility, and regulation. Despite continued volatility, the industry has shown remarkable resilience. Despite ongoing regulatory challenges and economic uncertainty, overall market capitalization continues to increase. This growth reflects the market maturing and beginning to be seen as a legitimate rather than a speculative asset.Furthermore, the continued sale of new cryptocurrencies through presales and exchanges even during market downturns shows the resilience of the crypto ecosystem. ValueWalk’s Sal Miah said that if an altcoin like PlayDoge gets listed on an exchange, for example as one of KuCoin’s new coins…
(October 4): Coinbase Global plans to delist all unauthorized stablecoins from virtual currency exchanges in the European Economic Area by the end of the year, leaving tokens like Tether Holdings Inc.’s USDT could be a blow.The European Union plans to fully implement new rules governing the cryptocurrency industry, known as MiCA, by the end of this year. Regulations for stablecoin issuers under MiCA came into effect on June 30th and require them to hold an e-money license in at least one member state. Guidance for virtual currency exchanges and other companies operating in the region will begin from December 31st.”In…
El Salvador is doubling down on its Bitcoin movement despite continued pressure from the International Monetary Fund (IMF) regarding the country’s use of the digital asset.On October 4, Juan Carlos Reyes, chairman of the National Commission for Digital Assets (CNAD), announced that the Central American country’s legislators had passed “important amendments to the CNAD law.”Bitcoin movementHe said these changes will give CNAD the power to regulate bitcoin companies in the country.Furthermore, CNAD will now become the main regulatory body overseeing the domestic Bitcoin industry. It will also introduce a risk-based regulatory framework to position El Salvador as a leader in…
Getty ImagesStimulus packages have sparked a stock market rally, but economists aren’t sure they can solve deeper problemsAs China celebrates Golden Week and prepares to mark the 75th anniversary of the founding of the People’s Republic, the ruling Communist Party has launched a number of policies aimed at boosting the sluggish economy.The plan included support for the country’s crisis-hit real estate industry, support for the stock market, cash transfers to the poor and increased government spending.After the announcement, stock prices in mainland China and Hong Kong posted record increases.But economists warn that such policies may not be enough to solve…
Dogecoin whales have accumulated over 1 billion DOGE in the past 24 hours, hinting at a potential upside for the crypto market. Market analysts said the move would be one of the largest acquisitions in recent months, totaling about $108 million. Whale’s purchases were made during a downturn in the crypto market, which was widely affected by geopolitical tensions that affected investor sentiment. Dogecoin whale buys 1 billion Doge as price rises According to a recent tweet by Ali Martinez, the Dogecoin whale has made a big move in the market, earning 1 billion DOGE. This significant purchase coincides with…