Future of cryptocurrency: These altcoins are trending in Q4— SUI, BONK, IPMB, APORK

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Global crypto market could hit $5B by 2030 as altcoins like Angry Pepe Fork and Bonk show breakout potential for 2024.
Analysts estimate the global crypto market will triple by 2030, which would be near the $5 billion valuation. Investors are not ignoring the rising tides of the cryptocurrency landscape and are closely monitoring the opportunities the market will carve in 2024.
Altcoins have shown resilience in the current market uncertainty, which has been reflected in the way investors are exploring the value of altcoins. For instance, Angry Pepe Fork, Bonk, Sui, and IPMB Token are signaling massive breakout rallies ahead, making them the best cryptos to buy now. Here’s ... Full Article
? AI Analysis ?

Disgraced FTX Founder SBF Seeks New Trial, Claims Judge Kaplan’s Bias Tainted His Case

Sam Bankman-Fried’s (SBF) lawyers have filed for a retrial, claiming that the court judge was biased in the case.
Sam Bankman-Fried (SBF) is the co-founder and former CEO of the now-bankrupt crypto exchange FTX. In November 2022, FTX collapsed following a report by CoinDesk, which revealed that FTX was not holding customers’ funds on its balance sheet. Subsequent investigations and trial outcomes showed that FTX leadership misused customers’ funds for personal gain without their consent. For these unethical activities, SBF faced nearly two dozen charges, and in the final judgement, the court sentenced him to 25 years in prison.
On 13 Sep 2024, The Block reported that SBF had filed an appeal, requesting a new trial.
SBF’s lawyer criticised New York District Judge Lewis Kaplan’s handling of the case. The lawyer ... Full Article
? AI Analysis ?

Sam Bankman-Fried appeals fraud conviction, alleges judicial bias

Bankman-Fried's appeal could spotlight judicial conduct and fairness in high-profile financial crime cases, potentially influencing future trials.
The post Sam Bankman-Fried appeals fraud conviction, alleges judicial bias appeared first on Crypto Briefing. Full Article
? AI Analysis ?

Despite Correction Below $54k level, 5 Major Bullish Sentiments Fueling Bitcoin Toward $70k Level

The Bitcoin market is abuzz with several positive developments that are driving renewed optimism among traders and investors. As the global financial landscape shifts, key factors are emerging that could pave the way for a significant Bitcoin bull run. Here are five major reasons behind the growing bullish sentiment:
According to majority financial experts, the US Federal Reserve is expected to cut interest rates within the next three weeks, a move that could inject much-needed liquidity into the financial markets. 
Rate cuts are traditionally seen as positive for high-risk assets like Bitcoin, as lower interest rates make borrowing cheaper and encourage investments in volatile markets. With Bitcoin’s history of reacting positively to such monetary policy shifts, traders are anticipating upward momentum... Full Article
? AI Analysis ?

Crypto Market Chaos: $93M Liquidated in 4 Hours as Bitcoin Crashes Below $54K

Bitcoin’s price took a dip below the $54,000 mark on Friday, as the cryptocurrency continued its downward trend over the past week. The value slipped by 3.5% compared to the previous day, reaching a low of $53,810, a level not seen since early August.
Bitcoin Reaches a 30-Day Low
Over the past 24 hours, bitcoin has dropped 4.5% against the U.S. dollar. Over the last week, it’s fallen by 6.5%, shedding 10.6% over the past two weeks, and down 3.9% for the past 30 days.
As of 11:30 a.m. EDT on Friday, bitcoin’s price was hovering slightly above $54,000, with trading volume surging to $39.26 billion. However, most of that volume reflected selling pressure.

In the crypto derivatives market, approximately $45.96 million in long bitcoin positions were liquidated in the past four hours. Total liquidations, including both long and... Full Article
? AI Analysis ?

More Pain for XRP Likely as Sellers Target $0.5: Ripple Price Analysis

Ripple has presented a solid bearish signal by breaking below the 200-day moving average of $0.55, highlighting the presence of sellers in the market. However, the price is now battling to breach the 100-day MA at $0.53, and a successful break below this level could trigger a significant decline in the coming days. By Shayan A close analysis of the daily chart reveals that Ripple has been hovering near the critical 200-day moving average at $0.55, and recently, it slipped slightly below this level. Now, the price is at a pivotal support region, defined by the 100-day moving average of $0.53, which acts as a key barrier. The overall daily outlook will become bearish if Ripple breaks below this level. If buyers defend this zone and hold the price above both daily MAs, there’s a chance for a bullish reversal. However, based on the ... Full Article
? AI Analysis ?

ZChains: A Wave of Exciting Updates and Milestones

ZChains has been riding a wave of momentum, marked by significant milestones and a flurry of community-driven activities. From successful airdrop campaigns to new integrations and the launch of our dApp, here’s an in-depth look at what’s new with ZChains.
Zealy, TaskOn, and QuestN: Our ongoing airdrop campaigns across platforms like Zealy, TaskOn, and QuestN have continued to drive engagement, rewarding participants with USDT and ZCD tokens for their active involvement. These campaigns have been instrumental in expanding our community and spreading awareness about the ZChains ecosystem.
LBank Airdrop Campaign: We successfully completed our airdrop campaign on LBank, where participants claimed 400,000 ZCD tokens. The campaign was a huge success, attracting a wide range of users who contributed to the growing visibility of ZChains.
MEXC Airdrop ... Full Article
? AI Analysis ?

Tokenized US Treasuries break $2 billion market cap barrier

Tokenized US Treasuries' growth signifies a shift towards integrating traditional financial assets with decentralized finance, enhancing market liquidity.
The post Tokenized US Treasuries break $2 billion market cap barrier appeared first on Crypto Briefing. Full Article
? AI Analysis ?

Thailand’s new PM: Quiet on crypto, but her legacy speaks volumes

Does Paetongtarn Shinawatra’s ascent to power mark the dawn of a crypto-friendly Thailand, or is her silence on the issue a sign of caution?
Table of Contents
Thailand has made history by electing its youngest Prime Minister ever — Paetongtarn Shinawatra, a 37-year-old political newcomer from one of the nation’s most influential and controversial families. 
After a royal letter of endorsement ceremony, Paetongtarn Shinawatra, the daughter of controversial billionaire and former PM Thaksin Shinawatra, is now officially Thailand's youngest prime minister. pic.twitter.com/HTmtiRTIvL
Paetongtarn is the daughter of Thaksin Shinawatra, a former Prime Minister whose tenure from 2001 to 2006 was marked by rapid economic growth as well as deep political division. 
Thaksin’ policies earned him both devoted supporters and fierce critics, ... Full Article
? AI Analysis ?

Kamala Harris eyes support for crypto industry growth with consumer safeguards: report

Harris' balanced crypto policy could stabilize the industry, attract political support, and differentiate her from Trump's deregulation stance.
The post Kamala Harris eyes support for crypto industry growth with consumer safeguards: report appeared first on Crypto Briefing. Full Article
? AI Analysis ?