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Gold hits a record $2,586, raising economic concerns. Peter Schiff predicts higher inflation and recession, citing gold as a safe haven. Bitcoin advocates see $BTC as an alternative hedge amid potential interest rate cuts and fiscal stimulus.
SEC faces backlash after an investor alert on “crypto asset securities,” criticized for inconsistent terminology. Pro-XRP lawyer Fred Rispoli labels it a “scam,” causing confusion within the crypto community. Critics highlight the SEC’s shifting stance.
USDT supply on the $TON blockchain hits $729M in just four months. Low fees and strong user adoption boost P2P and DeFi growth, with platforms like Ston.Fi and Dedust leveraging USDT for liquidity and trading activities.
John Deaton vows to hold the SEC accountable for XRP investors’ $15B loss due to the Ripple lawsuit. He plans to introduce bills to expose regulatory capture and prevent regulators from joining industries they oversaw. #XRP #CryptoRegulation
$KRAKEN requests a jury trial against the SEC’s allegations of operating as an unregistered securities exchange, broker, and clearing agent. This case could set a pivotal precedent for crypto regulation in the U.S. @SECGov.
Bitcoin forecast: $BTC could see price boosts from US Fed rate cuts and historical Q4 trends. A post-election rally and a potential 2025 peak at $100,000 are expected. Investors should remain cautious of US economic conditions.
SEC halts most crypto trading on eToro USA, allowing only $BTC, $BCH, and $ETH. eToro to pay $1.5M for unregistered operations. Users have 180 days to sell other crypto assets. @SECGov increases scrutiny on digital platforms.
CFTC halts Kalshi’s election betting market within 24 hours of launch following court order. Crypto analysts predict significant $BTC fluctuations depending on US presidential election outcome, with $30,000 to $90,000 estimates. Kamala Harris and Donald Trump nearly equally likely to win.
Kalshi halts US election trading after CFTC wins court stay. Judge Cobb had ruled CFTC overstepped by blocking election bets. Crypto analysts predict Bitcoin price swings based on election results.
Ripple’s transfer of 150M $XRP and Grayscale’s new XRP trust spur a 6% price rise, 109% trading volume surge. Regulatory developments fuel investor optimism.
Ex-FTX exec Ryan Salame to begin 7.5-year prison sentence on Oct 11, earlier than planned, due to court request. Salame was convicted of conspiracy involving unlicensed money-transmitting activities. His surrender was delayed by a prior medical emergency.
SEC Chair Gary Gensler’s stringent cryptocurrency regulations face bipartisan criticism, with calls for his removal from both Republican lawmakers and key Democratic donors. Ripple CEO Brad Garlinghouse predicts Gensler’s exit, impacting the future of crypto market stability.
Nvidia CEO Jensen Huang predicts a new Industrial Revolution driven by AI, boosting $NVDA prices and AI cryptocurrencies. Recent innovations and partnerships reinforce Nvidia’s market lead in advanced chips. @Nvidia
Tennessee Congressman John Rose introduces the BRIDGE Digital Assets Act, aiming to harmonize SEC and CFTC crypto regulations. The bill proposes a 20-member private sector advisory committee, focusing on decentralization, security, and customer protections.
