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CoinMarketCap Announcements

Wall Street Titan Franklin Templeton Adds Aptos to Digital Fund Network
https://coinmarketcap.com/academy/article/wall-street-titan-franklin-templeton-adds-aptos-to-digital-fund-network

Wall Street heavyweight Franklin Templeton has announced on Wednesday that its Nasdaq-listed On-Chain U.S. Government Money Fund, FOBXX, is now live on the Aptos (APT) blockchain.

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Proton Management Seeks Dismissal of Swan Bitcoin Lawsuit, Calls it ‘fatally flawed'
https://coinmarketcap.com/academy/article/proton-management-seeks-dismissal-of-swan-bitcoin-lawsuit-calls-it-fatally-flawed

MediaProton Management has filed a motion to dismiss a lawsuit brought against it by Swan Bitcoin, arguing that the claims are fundamentally flawed.

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CoinMarketCap Announcements

Crypto Market Grapples with 'Hangover' from Venture Capital Boom, Multicoin's Jain Reveals
https://coinmarketcap.com/academy/article/crypto-market-grapples-with-hangover-from-venture-capital-boom-multicoins-jain-reveals

MediaAt Messari’s recent Mainnet conference, Tushar Jain, managing partner at Multicoin Capital, addressed the ongoing struggles within the crypto venture capital sector.

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CoinMarketCap Announcements

Telegram Gaming Tokens HMSTR and CATI Plummet Over 50% Following Hyped Launches
https://coinmarketcap.com/academy/article/telegram-gaming-tokens-hmstr-and-cati-plummet-over-50percent-following-hyped-launches

Hamster Kombat (HMSTR) and Catizen (CATI), two of the largest crypto games on Telegram by number of players, have seen their respective tokens plunge by more than 50% in price.

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CertiK: Crypto Losses Surge 9.5% With $753M Lost in Q3 2024 Despite Fewer Attacks
https://coinmarketcap.com/academy/article/certik-crypto-losses-surge-95percent-with-dollar753m-lost-in-q3-2024-despite-fewer-attacks

Even though there was a decline in the overall number of cryptocurrency security incidents, hackers stole a record $753 million in digital assets during the third quarter of 2024.

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Bitcoin Plummets to $60K Amidst Geopolitical Tensions in the Middle East
https://coinmarketcap.com/academy/article/bitcoin-plummets-to-dollar60k-amidst-geopolitical-tensions-in-the-middle-east

MediaThe cryptocurrency market faced a sudden downturn Tuesday morning, with Bitcoin (BTC) dropping to as low as $60,371.

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Bitcoin Price Forecast: Potential Cycle Top of $275K by November 2025
https://coinmarketcap.com/academy/article/bitcoin-price-forecast-potential-cycle-top-of-dollar275k-by-november-2025

MediaBitcoin researcher Smithson With has presented a new approach to predicting the crypto's cycle top price using a quantile regression model.

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CoinMarketCap Announcements

EigenLayer’s EIGEN Token Set to Unlock for Trading on October 1
https://coinmarketcap.com/academy/article/eigenlayers-eigen-token-set-to-unlock-for-trading-on-october-1

The crypto community is anticipating the unlocking of the native token EIGEN, by EigenLayer.

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Robinhood VP Denies Plans To Launch Stablecoin in the Near Future
https://coinmarketcap.com/academy/article/robinhood-vp-denies-plans-to-launch-stablecoin-in-the-near-future

Vice president and general manager of Robinhood Crypto, Johann Kerbrat, has dispelled rumors of the company’s plan to issue its own stablecoin.

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Bitcoin Falls to $63,000 Despite Federal Reserve Chairman's Rate Cut Signals
https://coinmarketcap.com/academy/article/bitcoin-falls-to-dollar63000-despite-federal-reserve-chairmans-rate-cut-signals

Bitcoin (BTC) had a dramatic sell-off to start the week, sinking to $63,000 despite Federal Reserve Chair Jerome Powell's indication of planned rate cuts.

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Bitcoin Rally Expected to Accelerate in Q4 Despite US Election Outcome, Hedge Fund Suggests
https://coinmarketcap.com/academy/article/bitcoin-rally-expected-to-accelerate-in-q4-despite-us-election-outcome-hedge-fund-suggests

MediaBitcoin's price is expected to benefit in the fourth quarter, despite the upcoming US presidential election, according to CK Zheng, chief investment officer of ZX Squared Capital.

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Bitcoin Price Predicted to Peak Near $200,000 in Next 18 Months: CleanSpark CEO
https://coinmarketcap.com/academy/article/bitcoin-price-predicted-to-peak-near-dollar200000-in-next-18-months-cleanspark-ceo

MediaIn a recent interview with research and brokerage firm Bernstein, CleanSpark CEO Zach Bradford forecasted that Bitcoin could peak at just under $200,000 within the next 18 months.

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Zuckerberg's Meta Gamble Pays Off; Now Fourth-Richest Person Globally
https://coinmarketcap.com/academy/article/zuckerbergs-meta-gamble-pays-off-now-fourth-richest-person-globally

Mark Zuckerberg, the founder behind Meta (previously Facebook), leaped into the ranks of the world's fourth-richest person with a net worth of $201 billion.

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Sophisticated Phishing Attack Steals $32M in spWETH from User
https://coinmarketcap.com/academy/article/sophisticated-phishing-attack-steals-dollar32m-in-spweth-from-user

A sophisticated phishing attack siphoned off 12,083 Spark Wrapped Ethereum tokens, worth approximately $32 million, on September 27.

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Bitcoin Approaches $66,000 but Bull Market Signals Remain Hidden
https://coinmarketcap.com/academy/article/bitcoin-approaches-dollar66000-but-bull-market-signals-remain-hidden

The sudden rise in Bitcoin (BTC)'s price has shocked both investors and analysts alike as the leading cryptocurrency closed at its two-month peak on September 28.

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Bitcoin Eyes $100,000 Target for Q4, But Demand Must Grow, Analysts Say
https://coinmarketcap.com/academy/article/bitcoin-eyes-dollar100000-target-for-q4-but-demand-must-grow-analysts-say

As Bitcoin (BTC) heads into its typically bullish fourth quarter, analysts at CryptoQuant say that while positive seasonality.

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Australian Federal Police Seizes $6.4 Million in Cryptocurrency in Operation Kraken
https://coinmarketcap.com/academy/article/australian-federal-police-seizes-dollar64-million-in-cryptocurrency-in-operation-kraken

MediaThe Australian Federal Police (AFP) announced the seizure of $6.4 million in cryptocurrency linked to an alleged mastermind behind encrypted messaging platform Ghost.

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CoinMarketCap Announcements

Stablecoins: Powering Africa's Economic Surge? 🌍 💹

Learn how stablecoins could reshape Africa's financial future, offering stability in volatile markets and boosting financial inclusion. Dive into our analysis on Africa's economic potential!

#CMCLABS

Explore More: https://coinmarketcap.com/academy/article/the-role-of-stablecoins-in-africa

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Failed 3AC Hedge Fund Founders Issue Controversial Memecoin Amidst Legal Trouble
https://coinmarketcap.com/academy/article/failed-3ac-hedge-fund-founders-issue-controversial-memecoin-amidst-legal-trouble

Three Arrows Capital co-founders Su Zhu and Kyle Davies have unveiled a new project in the memecoin space, Three Arrowz Capitel (3AC).

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Asset Manager Bitwise Advances Plans for XRP ETF
https://coinmarketcap.com/academy/article/asset-manager-bitwise-advances-plans-for-xrp-etf

Bitwise has confirmed plans to launch an XRP exchange-traded fund (ETF), confirming the authenticity of an application with the state of Delaware.

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Ripple Secures In-Principle License from Dubai Financial Services Authority
https://coinmarketcap.com/academy/article/ripple-secures-in-principle-license-from-dubai-financial-services-authority

MediaRipple has received in-principle financial services license approval from the Dubai Financial Services Authority (DFSA).

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Indonesia's Postal Service Innovates with First-Ever NFT Stamp Release
https://coinmarketcap.com/academy/article/indonesias-postal-service-innovates-with-first-ever-nft-stamp-release

MediaIndonesia's state-owned postal service, Pos Indonesia, has announced the release of its first-ever postage stamp that features a non-fungible token (NFT) counterpart.

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Prediction Markets on Presidential Race Heats Up as Betting Volume Surpasses $1B
https://coinmarketcap.com/academy/article/prediction-markets-on-presidential-race-heats-up-as-betting-volume-surpasses-dollar1b

As the 2024 presidential election draws closer, prediction markets are offering intriguing insights into both political outcomes and cryptocurrency trends.

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Trump's World Liberty Financial Goes Live, with Limited Access to U.S. Investors
https://coinmarketcap.com/academy/article/trumps-world-liberty-financial-goes-live-with-limited-access-to-us-investors

Former President and current Republican candidate Donald Trump's latest crypto venture, World Liberty Financial, is launching on Monday.

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#CMCLive: Weekly Crypto Forecast 🎙️

US Pro-Crypto & China Stimulus. Is everything lining up for the bull market?

📍 LIVE NOW:
https://coinmarketcap.com/community/post/340448879/

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FTT Price Jumps Over 70% on Speculation of Imminent FTX Bankruptcy Distributions
https://coinmarketcap.com/academy/article/ftt-price-jumps-over-70percent-on-speculation-of-imminent-ftx-bankruptcy-distributions

MediaFTX Token (FTT), the cryptocurrency associated with the bankrupt exchange FTX, experienced a significant price surge on September 29, climbing over 70% to reach $2.70.

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What Happened in Crypto Today: Revival of the Metaverse Trend?
https://coinmarketcap.com/academy/article/what-happened-in-crypto-today-revival-of-the-metaverse-trend

MediaFrom Bitcoin hitting $65K to a crypto user losing $32M within seconds, here is a 4-minute breakdown of everything important that happened in crypto today.

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Scammers Run Off with $70K Using Fake WalletConnect App on Google Play Store
https://coinmarketcap.com/academy/article/scammers-run-off-with-dollar70k-using-fake-walletconnect-app-on-google-play-store

Users were swindled of more than US$70,000 in cryptocurrency by a fake wallet app impersonating the popular Web3 protocol WalletConnect.

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China's Former Finance Minister Urges Caution on Cryptocurrency Development
https://coinmarketcap.com/academy/article/chinas-former-finance-minister-urges-caution-on-cryptocurrency-development

At the recent 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, Lou Jiwei-former finance minister of China calls for caution to be taken regarding cryptocurrency development.

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US Spot Bitcoin ETFs Sustain Strong Inflow Streak, Hitting $365 Million
https://coinmarketcap.com/academy/article/us-spot-bitcoin-etfs-sustain-strong-inflow-streak-hitting-dollar365-million

U.S. spot Bitcoin exchange-traded funds (ETFs) experienced substantial net inflows on Thursday, totaling $365.57 million, marking the largest daily inflow since late July.

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