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Cryptocurrency & Blockchain News 🔗 ⚡️ Exclusives ⚡️ Guides ⚡️ Reviews ⚡️ Education ✅ Follow us on Twitter: https://twitter.com/Cryptonews ✅ Check out our website: https://cryptonews.com/
🗝🔒 Mental Outlaw Challenges China’s Alleged Encryption Breakthrough, Cites Quantum Challenges
Researchers at Shanghai University recently claimed to have cracked RSA encryption algorithms used in banking, military, and crypto.
🤳 Decentralized Rival Bluesky Hits 12M Users After Musk’s AI Plans for Twitter
Decentralized social platform Bluesky has seen its user base surpass the 12 million mark
🔥 Senator Elizabeth Warren Targets John Deaton’s Crypto Ties in Final Debate Pre-Election
Tensions flared in the latest debate as Senator Elizabeth Warren took aim at John Deaton's crypto ties!
📰 U.S. Sentences Crypto Fraudster To 5 Years In Prison For For Coinbase Scheme
Indian citizen Chirag Tomar has been sentenced to 5 years in prison for creating fake Coinbase URLs in a massive crypto scheme.
📊Experts Predict MiCA Will Fragment The Billion-Dollar Stablecoin Market
MiCA regulations are set to dramatically reshape the European stablecoin market, introducing stringent compliance rules. USD-backed stablecoins face limitations, while Euro-backed assets may rise in prominence.
⚖️ SEC's Ripple Appeal Targets Sales, Not XRP Non-Security Status
The SEC has filed an appeal against Ripple, focusing on sales practices and executive involvement, but leaving XRP's non-security status untouched!
2. GoLondon (GOLDN/WETH) 🏙
🔹 24h Price Change: +52,088%
🔹 Current Price: $0.00004083
🔹 Analysis: GoLondon’s 52,000%+ surge could be driven by hype around a local or city-themed token, perhaps benefiting from community-driven speculation or marketing campaigns. The very low token price might be attracting retail investors looking for a high-risk, high-reward play.
🔹 Strategic Insight: Check for any news related to the token’s marketing or involvement in projects centered around London or city-based utilities. Small tokens like these can experience significant price action based on local or niche appeal.
🔹 Trade Wisely: With such a low price, even minor fluctuations can lead to major percentage changes. Be cautious of liquidity and the potential for sharp drops following large increases.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
📈📊 Web3 Market Maker DWF Labs Launches Options Trading for Digital Assets
Web3 market maker DWF Labs has announced the expansion of its trading platform to include options trading for Web3 assets.
🚀 Spot Bitcoin ETFs Attract $2.11B in Inflows Over Past 5 Days as Interest Remains Strong
Spot Bitcoin ETFs have attracted $2.11 billion in net inflows over the past five trading days, suggesting the continued strong interest in the asset class.
The US SEC files a last-minute Form C appeal in the ongoing legal battle with Ripple.
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🗳️ 16% of Voters Prioritize Pro-Crypto Candidates: Digital Chamber Survey
Approximately 26 million American voters consider a candidate's stance on cryptocurrency to be a key factor in their voting decisions.
👁️ Sam Altman's Worldcoin Becomes ‘World Network’ as Project Expands Beyond Initial Vision
Sam Altman's Worldcoin has rebranded to World Network, and rolled out new initiatives for global ID verification.
⚖️ Crypto.com Sues SEC: Can This Lawsuit Redefine Digital Asset Regulation?
Crypto.com filed a lawsuit against the SEC, and attorneys Daniel Stabile and Kimberly Prior explain how it could impact crypto regulation.
🚀 Kraken Launches Wrapped Bitcoin kBTC on Ethereum and OP Mainnet
Kraken has launched Wrapped Bitcoin (kBTC) on Ethereum and OP Mainnet!
🗳️ Trump Leads Kamala Harris By 2% Nationally In Fox News Poll
Donald Trump leads Kamala Harris by 2% in the latest Fox News poll as both push their stances on cryptocurrency regulation in the final campaign stretch.
₿ European Central Bank Claims Early Bitcoin Investors Exploit New Buyers
A recent paper published by the ECB claims that early Bitcoin investors are profiting at the expense of newer entrants to the market.
🗳️ Crypto Industry Shifts Focus to US Congressional Races as Election Approaches
The crypto industry has pivoted its attention to the potential implications of the upcoming US Congressional races.
🌍 Russian President Putin Announces BRICS Crypto Adoption for Investment
President Putin announces BRICS' official adoption of cryptocurrencies for investments at the BRICS Business Forum!
🧑⚖️Craig Wright Files Lawsuit Against Bitcoin Core Developers, Claims Bitcoin SV is True BTC
Craig Wright takes legal action, claiming Bitcoin SV upholds Satoshi Nakamoto’s true vision, while targeting Bitcoin Core developers’ modifications.
📽 It’s time for another weekly crypto roundup!
Matt Zahab and Rachel Wolfson are back with Episode 14, breaking down the latest crypto headlines.
Don’t miss out — tune in now ✨
3. Polymath (POLY/WETH) 🔗
🔹 24h Price Change: +31,105%
🔹 Current Price: $19.5774
🔹 Analysis: Polymath’s 31,000%+ surge is significant, especially given its relatively high token price. As a security token platform, this rise may reflect growing institutional or regulatory interest, possibly following a major partnership or development in the sector.
🔹 Strategic Insight: Look into any key partnerships, regulatory approvals, or major updates regarding the Polymath platform. Security tokens are gaining momentum, and Polymath could be benefiting from increased adoption or recognition in the sector.
🔹 Trade Wisely: While Polymath is a more established project, sudden large gains can still lead to volatility. Be mindful of potential corrections, especially if driven by speculative trading.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. eGo (eGoMine/WETH) ⚡️
🔹 24h Price Change: +97,226%
🔹 Current Price: $0.05162
🔹 Analysis: eGo’s stunning 97,000%+ rise indicates a speculative rush, possibly linked to a new development or community buzz around the project. Such growth is often seen in tokens with niche utility or unique offerings that suddenly capture market attention.
🔹 Strategic Insight: Investigate whether any recent announcements, upgrades, or partnerships have fueled this massive price movement. Community sentiment and viral factors could be at play, especially if eGo targets specific crypto niches.
🔹 Trade Wisely: Rapid gains like these are often followed by a pullback. Monitor the market for signs of profit-taking, and evaluate liquidity before making any moves.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🔒 DeFi Exchange Defeats DNS Attack: Ambient Finance Recovers Domain
Ambient Finance has recovered its domain after a DNS attack that compromised their website.
🚀 SunPump Memecoin Frenzy Boosts Tron's Quarterly Revenue to Record $151M: Messari
Tron's memecoin launchpad, SunPump, has driven the blockchain’s quarterly revenue to an all-time high of $151.2 million in the Q3 of 2024.
🛑 Montenegro to Finalize Do Kwon’s Extradition Plans by Oct. 20
Terraform co-founder Do Kwon's extradition decision is almost finalized, with Montenegro’s Justice Minister expected to sign off on it by this Sunday.
📊 Cryptocurrency price check 📊
🔹 BTC: $67,643 + 0.03%
🔹 ETH: $2,614 - 1.07%
🔹 BNB: $594 - 1.61%
🔹 XRP: $0.54 - 0.70%
🔹 ADA: $0.34 - 1.70%
📰 Alabama Man Eric Council, Jr. Arrested For SEC SIM Swap Attack
Eric Council, Jr. has been arrested for being behind the SEC SIM swap attack that falsely announced the launch of spot Bitcoin ETFs.
Fed to Cut Rates to 3.25%–3.5% by June as Recession Fears Ease: Goldman Sachs
🐂 Goldman Sachs expects the Fed to cut rates to 3.25%–3.5% by June. Here’s why this is bullish for crypto!
🇭🇰CMB Wing Lung Bank Launches Virtual Asset ETF Trading in Hong Kong
CMB Wing Lung Bank strengthens Hong Kong’s virtual asset market with its launch of Virtual Asset ETFs, giving investors access to crypto and blockchain-focused products.
🚨 Instagram of Dogecoin Mascot Kabosu Hacked to Promote Rug Pull
The Instagram account behind the iconic Doge meme and Dogecoin mascot has been hacked to promote a rug pull.