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XRP was finally recovering after weeks of trading in the red zone, but a clash with the SEC is now forcing investors to switch to safer investments like Lunex Network’s viral presale. Ripple (XRP) recently filed an ETF application in Delaware, but investors are already losing interest after the U.S. Securities and Exchange Commission (SEC) took Ripple to court. As traders sell off their Ripple (XRP) holdings, they are turning to Lunex Network’s new DeFi exchange, which has already seen a 100x increase on its launch day. XRP legal issues could prevent ETF approval by SEC Following the successful launch…

Aptos Labs acquires HashPalette and integrates Palette Chain to expand blockchain services in Japan and strengthen Web3 adoption. Aptos will be the exclusive blockchain provider for the EXPO2025 digital wallet to be held in Osaka, showcasing blockchain technology globally. In a tweet, Aptos Labs announced the acquisition of HashPalette Inc., a leading Japanese blockchain development company. HashPalette is known for developing Palette Chain, which distributes content via NFTs (Non-Fungible Tokens) and focuses on promoting Japanese entertainment culture globally. Big news: Acquisition agreed @hashpalette_jpthe pioneer of Japanese pallet chains! This is a huge change for Japan and the Aptos ecosystem. 🌏…

TL;DR XRP has seen increased discussion on social media due to Bitwise’s ETF filing and new developments in Ripple vs. SEC. Aptos (APT) gained attention for its Asian expansion, while Chainlink (LINK)’s recent popularity is tied to its collaboration with SWIFT. Increase in topics regarding XRP Crypto analysis platform Santiment estimated that Ripple’s native token has recently experienced the most heightened discussion across social media. One of the factors that will play a role is Bitwise’s filing of an XRP exchange traded fund (ETF). As reported by CryptoPotato, the company has registered a product in Delaware, sparking enthusiasm and anticipation…

Peter Schiff, a prominent Bitcoin critic, is sounding the alarm again, claiming the digital asset is in a bear market. Schiff noted that Bitcoin has dramatically underperformed compared to gold, noting that the cryptocurrency’s price has fallen by about 40% since its peak about three years ago. Schiff has a direct message to HODLers: Bitcoin’s continued difficulties may indicate that investors are unaware of market realities. Schiff argues that while Bitcoin is currently above the key support level of $60,000, this is only a temporary situation. BTC/USDT chart by TradingViewSchiff argues that as long as global macroeconomic conditions continue to…

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At the time of writing, Litecoin was at a key support level following a strong rejection from the 200-day EMA. A decline below the key support level could expose it to further losses before a bullish rebound is expected. be Litecoin (LTC) recently faced significant selling pressure following a sharp bounce off the 200-day EMA resistance. Since then, the altcoin has been trending back toward major support zones, attempting a rebound and potentially retesting higher resistance levels. LTC is trading at $62.86 at the time of writing, down nearly 1.5% over the past 24 hours. Can the bulls recover lost…

In another sign that digital asset payments are gaining momentum, PayPal has completed its first commercial transaction with stablecoin PYUSD.According to Bloomberg, PayPal used PYUSD to pay the invoice to Ernst & Young on September 23 and used the SAP SE platform to complete the transaction. “Enterprise environments are very well suited for that,” said José Fernández da Ponte, senior vice president of blockchain, cryptocurrencies and digital currencies at PayPal.PayPal allows U.S. businesses to buy, hold, and sell cryptocurrenciesMerchants in the United States, excluding sellers in New York state, will now be able to buy, hold, and sell cryptocurrencies through…

PayPal made its first corporate payment to Ernst & Young using stablecoin PYUSD, paving the way for the use of stable cryptocurrencies in business transactions. Let’s see all the details in this article. PayPal completes payments with stablecoin PYUSD: Ernst & Young is among the companies benefiting from it As mentioned above, PayPal has taken an important step in transforming the digital transaction landscape with its first corporate operation through the stablecoin PayPal USD (PYUSD). On October 3, 2024, PayPal made a payment to Ernst & Young using PYUSD, marking a milestone in the adoption of stable cryptocurrencies in business…

Aptos (APT) price has increased over 10% in the past 24 hours and is trading at $8.49 at the time of writing. With the bull market rally, APT’s market capitalization and 24-hour trading volume surged by 10% and 26%, respectively, to $4,333,435,956 and $439,700,090. This goes hand in hand with increased investor interest. This could be the result of a recent strategic move by Aptos Labs to expand its presence in the Japanese market. The company recently acquired HashPalette, a leading company in the Japanese blockchain space. APT/USD 24-hour price chart (Source: CoinMarketCap) If the buying pressure continues, this move…

2 min read Last updated: October 4, 2024 | 1:39 PM IST Visa Inc. has launched a new platform to allow banks to issue stablecoins and other fiat-backed tokens internationally. The Visa Tokenized Asset Platform (VTAP) is expected to go live next year. Click here to contact us on WhatsApp VTAP will allow banks to “mint, write, and transfer” tokens, providing a robust infrastructure for financial institutions looking to leverage the benefits of blockchain technology, the statement said. The launch comes as more businesses and financial institutions become interested in how cryptocurrencies and blockchain can enhance their operations. …