Cryptotale

U.S. lags behind European Union in crypto regulation, Lummis urges Congress to act. Lummis criticizes SEC’s “regulation by enforcement” approach under Chair Gensler. She endorses Tim Scott for Senate Banking chair to improve crypto regulation. During her interview on CNBC’s Squawk Box, Senator Lummis clearly articulated her worries about the U.S. lagging behind the European…

Bitcoin holds firm above $65K as top cryptos see losses and market sentiment dips. Despite the market decline, Bitcoin retains 53.58% dominance while altcoins surge. The crypto market struggles with losses, but investor optimism remains in the “greed” zone. The broader cryptocurrency market is struggling with considerable losses while Bitcoin holds up well above $65,000. …

Deaton opposes a Federal Reserve-issued CBDC, citing threats to financial freedom. He criticized Warren for supporting a bill that could ban Bitcoin and crypto self-custody. Deaton aims for clear crypto regulations and transparency, appealing to younger voters. In an interview John Deaton, pro-crypto attorney and Republican primary winner from Massachusetts strongly voiced his opposition to…

Bitcoin breaks through resistance at $66,000, signaling a potential bull market ahead. A $490 million inflow into a BTC ETF boosts institutional demand and investor confidence. Historical trends show strong Q4 performance for BTC, raising hopes for another bull rally. Bitcoin has finally moved out of the bearish trend, which opens up possibilities of a…

The Fear and Greed Index is 57, indicating the entire market is in a neutral state.  ADA surpasses the TRON network in market cap and enters the top 10 cryptocurrencies.  Hamster Kombat (HMSTR), released this week, has experienced a decline of 28.03%.    The entire crypto market shows signs of potential bullish momentum, with a weekly…

XRP faces resistance at $0.6586 with key indicators signaling cautious optimism. The coin must achieve a solid close above the $0.6586 level to aim for the $0.75 level. Indicators show a mixed trend with momentum leaning towards cautious market optimism. XRP has shown resilience in its recent price movement, trading around $0.61 during this writing….

Polkadot (DOT) posts a 14.3% gain in two weeks, showing signs of steady recovery. Analyst Daniel Ramsey predicts DOT’s price targets at $13.95, $26.60, and $47.80. DOT’s technical breakout from a falling wedge signals the potential for continued gains. Polkadot (DOT) has been slowly but steadily climbing the price appreciation ladder. Over the last two…

BNB trades between $585-$625, facing significant liquidity zones driving price action. With critical support at $595 and resistance at $616, Binance faces breakout possibilities. After absorbing liquidity, the market may face selling pressure and later move downward. BNB trades between two key liquidity zones, showing potential for significant price movement. A recent liquidation heatmap highlights…

Ethereum nears $2,900 resistance, signaling a potential breakout as bullish momentum builds. ETH approaches Bull Market Support Band, indicating a possible shift to bullish territory. The trading volume of ETH is over $15 billion, suggesting passive trading in the market. Ethereum (ETH) has recently shown notable price movements, indicating potential shifts in market dynamics. The…

Mango Markets settles charges against the SEC by paying a hefty fine of $700,000. Further, the token MNGO will be destroyed, and trading of the same will be ceased. The SEC stated that the token is an unregistered security offering broker services. The Mango DAO, along with Mango Labs LLC and the Blockworks Foundation, have…

Bitcoin surged past $65K, driving a 3.41% increase across the top 10 cryptocurrencies. The crypto market cap rose 3.15% to $2.43 trillion, signaling a strong bullish trend. DOGE led gains with an 8.77% rise, while SOL and others followed with strong performances. Bitcoin (BTC) has crossed the $65,000 mark and has spiked a sentiment of…

Analysis predicts a major XRP price surge as it approaches a critical resistance level. XRP is trading below the Ichimoku cloud, showing signs of potential upward momentum. Bullish RSI levels suggest XRP may soon break resistance and enter a significant uptrend. Ripple’s XRP is back in focus as crypto analyst Dark Defender predicts a sharp…

Shiba Inu surged 42% as predicted, approaching key resistance zones on the chart. Major SHIB burn of 1.8 billion tokens sparks community attention, reducing supply. A break of Structure (BoS) marks a shift in market sentiment, indicating a price rise. Shiba Inu (SHIB) has seen a price increase as predicted by Cryptotale earlier. The weekly…

SEI and SUI are seen as two of the most promising tokens in the cryptocurrency market. Analyst Jolley expects SEI and SUI to follow Solana’s growth, which surged from $0.60. Market optimism suggests SEI and SUI could soon be poised for a significant breakout. SEI and SUI have been identified as two of the most…

The second Southeast Asia edition of the prominent Global Blockchain Congress by Agora Group took place on September 12th and 13th, 2024 at Sofitel, Sentosa. This main topics discussed at this edition were: Singapore: A Land of Opportunity in the Crypto World Digital Assets Market: Key Trends & Challenges in 2024 and Beyond What’s on…

Roman Storm’s motion to dismiss money laundering charges was denied by a New York judge. Tornado Cash developer Roman Storm faces trial starting December 2 for money laundering. Judge denied Storm’s request for Dutch documents, stating they lacked relevance to his case. Roman Storm, a developer linked to the cryptocurrency mixer Tornado Cash, will face…

Ripple is ready to face a crucial battle against the SEC regarding its token identity. Earlier, Ripple Labs sought a 120-day stay on the $125M penalty ordered by the SEC. The lawsuit, which has been in progress since 2020, has yet to get a concrete answer. Ripple Labs is ready to face a crucial battle…

Bitcoin is trading near $65K resistance, testing the top of its descending channel. A breakout confirmation needs Bitcoin to close above $66K to $67K on the daily chart. Failure to break $65K could see Bitcoin retrace to the lower channel boundary or 200MA. Trading close to notable resistance levels and suggesting a possible market change,…

Binance founder Changpeng Zhao leaves prison after a four-month sentence on Friday. Though Zhao stepped down from Binance, he still remains its largest shareholder.  Post-prison, Zhao plans to focus on philanthropy, including Giggle Academy for education. Changpeng Zhao, the CEO of Binance called CZ, is scheduled to be released from federal custody on Friday following…

PlanB predicts Bitcoin reaching $70K in October, spurred by classic market momentum. Trump win could push Bitcoin to $100K, reversing perceived anti-crypto policies in the U.S. PlanB sees Bitcoin legal tender in Bhutan, Argentina, Dubai by March, hitting $300K. PlanB, the creator of the Bitcoin stock-to-flow (S2F) model, has projected that Bitcoin could reach $1…

South Korea’s FSS introduces a zero-tolerance policy to fight illegal crypto trading practices. Japan’s FSA plans to relax crypto gaming regulations to attract more businesses. Global crypto regulators have taken initiatives to foster crypto growth, mitigating the related threats. Financial regulators worldwide have endeavored to foster the crypto industry’s growth and ensure customer protection. Japan’s…

CryptoRank reports Bitcoin falling below $64K, with TON leading altcoin gains at 2.92%. BTC market dominance slips to 53.26% as investors shift focus toward outperforming altcoins. Altcoins rally despite BTC’s decline, as the market remains cautious with neutral sentiment. Bitcoin (BTC) has fallen below the $64,000 level, which has caused much concern, especially given that…

Stephan Lutz predicts US crypto firms will increasingly resemble traditional finance systems. PayPal now allows US merchants to integrate crypto into their business accounts. India and Asia are poised to become leading players in the global crypto industry. At the Token2049 conference in Singapore Stephan Lutz, the CEO of BitMEX, talked about how the US…

Hamster Kombat (HMSTR) token launches, now tradable on multiple major crypto exchanges. Over 60% of HMSTR airdrop claimed, with future distributions planned for season two. Binance supports the HMSTR launch with a 100M token reward pool via the Super Earn product. The much-awaited Hamster Kombat (HMSTR) token has been launched and can be traded on…

Nic Carter blames Silvergate’s downfall on restrictive crypto banking regulations.   Carter claims “Operation Choke Point 2.0” targeted crypto-friendly banks like Silvergate.   Crypto banking’s future is uncertain as regulations may stifle innovation, says Carter. Silvergate Bank’s downfall has been the subject of heated debate especially after Nic Carter, a partner at Castle Island Ventures, weighed in…

Dogecoin surged above $0.111, showing a clear path to $0.150 with minimal resistance ahead. 62,270 addresses hold 36B DOGE between $0.108 and $0.114, just above their purchase price. 84.70% of DOGE holders are in profit as price rises, boosting bullish sentiment. Dogecoin (DOGE) has recently climbed above the $0.111 resistance level. Reflecting a 4.78% growth…

VARA’s new rules mandate disclaimers on the risks of virtual asset investments. Firms offering virtual assets in the UAE must warn investors of volatility and risks. Dubai tightens crypto marketing rules, ensuring transparency and investor protection. Dubai’s Virtual Assets Regulatory Authority (VARA) has released new marketing rules for companies offering virtual assets. The guidelines also…

The founder of Shiba Inu is said to launch a stablecoin in the Shibarium network soon. The coin, introduced in 2021, is currently under rigorous testing and development process. After launch, the SHI coin will play a pivotal role in the Shibarium’s DeFi infrastructure. Good news awaits the members of the Shibarium community. The long-awaited…

Frankfurt, Germany – September 18, 2024 – The highly anticipated Webs Week 2024 has successfully concluded, leaving participants with excellent feedback and memorable experiences. Held from September 16-18, 2024, at the Hilton Garden Inn, Frankfurt, the event brought together 40+ distinguished speakers and professionals from diverse fields, creating an engaging and collaborative environment for all…

PayPal allows U.S. business accounts to buy, hold, and sell cryptocurrency directly. New feature includes external transfers to eligible third-party blockchain wallets. PayPal’s PYUSD stablecoin expands, now usable on Xoom and available on the Solana blockchain. PayPal has added a new feature that enables business accounts in the US. to purchase, store and sell digital…

Bitcoin faces key resistance near $65K, with traders anticipating a breakout or rejection.   The Daily 200MA acts as resistance, while the 200EMA offers support at $59,595.   A market structure break signals potential volatility if Bitcoin surpasses the $65K level. The BTC/USD pair is hovering near $65,000 resistance level and the traders are looking forward to…

Eric Adams, mayor of NYC, faces indictment charges following a federal investigation. A crypto supporter, Adams has received paychecks in Bitcoin and Ether since 2021. Despite the charges placed on him, the mayor refuses to step down from his position. Eric Adams, the mayor of New York City, is facing indictment charges after a federal…

Kamala Harris pledges to make the U.S. dominant in blockchain and emerging technologies. Harris aims to redefine the Democratic stance on Web3, highlighting its role in growth. Industry experts view Harris’s blockchain push as a shift to a more supportive tech policy. Candidates in the U.S. presidential contest are emphasizing developing technology to have a…

24 September 2024, Warsaw, Poland – HIPTHER, the organizer of renowned conferences in the Gaming and Tech industries, is excited to announce the final Agenda for the European Gaming Congress (EGC) 2024, taking place from October 14-16, 2024, in Warsaw, Poland. This year’s congress promises an insightful exploration of the ever-evolving iGaming industry, featuring thought…

October 2024 could bring new legal clarity and price levels for XRP, boosting adoption. SEC’s potential non-appeal may end XRP’s legal limbo, opening doors for market growth. XRP might hit a new ATH with broader use in US financial institutions and XRPL tokenization. October 2024 is expected to be a critical month for XRP as…

Bitcoin trades below $64K as top altcoins show mixed performance across the market. Fear & Greed Index hits “Greed” territory, signaling possible market correction. Altcoins like Kryptonite and Gou surge, posting impressive gains despite market uncertainty. Bitcoin is still trading below $64,000, and the uncertainty in the rest of the crypto market is causing traders…

Hoskinson criticized Ethereum’s governance and called it similar to “dictatorship.” The founder also claims Buterin holds too much influence over Ethereum’s future. Cardano Blockchain’s governance mechanism avoids both dictatorship and Bitcoin’s “anarchy.” Cardano founder Charles Hoskinson, while speaking at the Token2049 event, has criticized Ethereum’s governance model, stating that the network works more like a…

Analysts predict XRP could hit $13 soon, with a potentially huge price surge on the horizon. XRP community braces for a breakout as the “Nike Swoosh Pattern” suggests major growth. Market sentiment builds as analysts see XRP primed for an explosive rally above $2–$3. The crypto community is now abuzz with some experts revealing their…

Caroline Ellison is facing two years of jail time after pleading guilty to FTX fraud. The CEO of Alameda Research admitted to wire fraud and money laundering charges. In addition to jail, Ellison was ordered to forfeit assets worth over $11 billion. Caroline Ellison, the former CEO of Alameda Research, has been sentenced to a…

Bill Maher criticizes crypto mining’s environmental impact on his show “Real Time”. Maher compares crypto mining’s energy usage to adding 15.7M gas-powered cars to the roads. Global debate over crypto’s energy consumption intensifies with varying national responses. In a recent episode of his show Real Time, Bill Maher didn’t shy away from taking on cryptocurrency….

SEC review clears BNY Mellon to offer crypto ETF custody, exempting it from SAB 121. Entering the crypto custody market, BNY Mellon poses a challenge to Coinbase’s dominance. Supporting most SEC-approved Bitcoin and Ether ETFs, BNY Mellon expands in digital assets. America’s oldest bank, BNY Mellon, is nearing providing custodial services for ETF clients. This…

Altcoins are outperforming Bitcoin as bullish divergence confirms the start of Altseason. WIF token surges 11.31% as it breaks key resistance, signaling growing investor interest. Altcoin market sees surging interest as volume and market cap increase across key tokens. In recent developments, the crypto market is experiencing a new bullish chart pattern, which may signify…

Vitalik Buterin endorses Celo as a low-cost network aligned with Ethereum’s goals. Celo plans to shift from an L1 to an L2, enhancing scalability and reducing transaction costs. Their Valora app drives growth in DeFi with near 0 fees and stablecoin-based gas payments. Vitalik Buterin, the founder of Ethereum, has just pointed out Celo as…

Over 3,500 attendees, 200 speakers and 50+ side events are anticipated at the London event, which will form London Web3 Week. Coinbase is set to announce its next-generation initiative, Stand With Crypto, which aims to champion the Web3 industry in the UK and globally and create a global hub in the UK. Powering the event…

Hamster Kombat’s $HMSTR token airdrop faces mixed responses from its users before launch. The largest mini-game on TON, Hamster Kombat, has over 300 million total accounts. Many players claimed that the allocated 60% is being given to influencers for referrals. Hamster Kombat, which rose to fame in March, has now become the subject of speculation…

Traders anticipate a potential “Uptober” rally, supported by technical and seasonal trends. Bitcoin shows bullish signals with a higher low and potential higher high formation. Historical October performance indicates average gains of 22.90% over the past decade. Bitcoin in September shows strong indications of going up as it moves to October 2024. The latest data…

Dogecoin forms a descending wedge, suggesting a possible bullish reversal on daily charts. Key resistance near the upper trendline must be breached for a potential upward breakout. Momentum indicators hint at temporary fluctuations before a possible breakout confirmation. Dogecoin (DOGE/USDT) hints at a breakout on the daily chart. The decreasing wedge pattern formed as a…

Ripple mints 485 RLUSD stablecoin on Ethereum and XRP Ledger (XRPL) networks. The platform’s latest XRPL minting marks the largest single release in the testing phase. The RLUSD token envisions overpowering the dominant stablecoins, USDT and USDC. Ripple continues to make strides in its highly anticipated stablecoin Ripple USD’s (RLUSD) beta testing phase. In a…

The Fed’s 50 bps rate cut boosts hopes for a soft U.S. landing, catching markets by surprise. BTC surged 5.2% post-Fed cut, driven by buying pressure from Asian market participants. Anticipated U.S. rate cuts fuel optimism, signaling growing confidence in BTC’s upward trend. The US Federal Reserve delivered a 50 bps rate cut that caught…

PBOC announces major stimulus with interest rate cuts and reserve requirement reductions. The reserve requirement will release 1 trillion yuan to boost lending and market liquidity. US Fed’s rate cut sparks crypto market surge raising inflation concerns & Bitcoin highs. China’s central bank, the People’s Bank of China (PBOC), has announced a major economic stimulus…