Binance Dollars Surpass 229% Inflation in Venezuela
Venezuela’s inflation hits 229%, pushing merchants to adopt USDT for pricing and transactions, effectively dollarizing the economy via stablecoins amid cash scarcity. #Update #Crypto $USDT
CoinTelegraph is a leading cryptocurrency news platform renowned for real-time market insights, in-depth analysis, and global coverage of blockchain developments. At Voted.News, we convert CoinTelegraph’s comprehensive reporting into concise, easy-to-read digests, keeping you up to date on the latest trends, breakthroughs, and regulatory shifts in crypto. Experience the best of CoinTelegraph at Voted.News—where clarity meets reliability.
Venezuela’s inflation hits 229%, pushing merchants to adopt USDT for pricing and transactions, effectively dollarizing the economy via stablecoins amid cash scarcity. #Update #Crypto $USDT
Former Wall Street trader Josh Mandell claims quantum computers are draining dormant Bitcoin wallets, but experts refute this, citing lack of evidence and current quantum capabilities. #Update #Crypto $BTC
Bitcoin ($BTC) closed September at $114,000, a 5% increase, with indicators suggesting potential bullish momentum; long-term holders now possess a record 298,000 BTC. #Update #Crypto $BTC
@Cointelegraph reports that Dragonfly’s Rob Hadick warns SEC’s push for tokenized stocks may benefit TradFi more than crypto, as institutions seek control over their own blockchains. #Update #Crypto $ETH
@Coinbase’s John D’Agostino emphasizes that crypto is essential for AI agents in finance, citing outdated traditional systems. He highlights Bitcoin’s unique advantages over gold amid potential institutional interest. #Update #Crypto $BTC
Pavel Durov, founder of @Telegram, revealed on Lex Fridman’s podcast that he invested in $BTC in 2013, funding his lifestyle with it as Telegram remains unprofitable. He predicts $BTC will reach $1 million. #Update #Crypto $BTC
@ForwardIndustries’ Kyle Samani raised $1 billion for a Solana treasury strategy, aiming to integrate global markets onchain. #Update #Crypto $SOL
The White House has withdrawn Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission, marking a significant change in regulatory leadership. Quintenz expressed gratitude for the opportunity. #Update #Legal
AI tools are now enabling traders to monitor whale wallet activities in real-time, allowing for better market positioning and potentially avoiding significant losses from large transactions. #Update #Crypto $BTC $ETH
Bitcoin is set to close September up 4.50%, historically indicating strong Q4 rallies; onchain data shows increased spot demand, particularly from US investors. #Update #Crypto $BTC
Bitcoin ($BTC) is consolidating around $113,000, needing to break $115,000 for a bullish continuation, while concerns linger over a potential dip to $110,000 due to CME futures gaps. Gold’s new highs may signal Bitcoin’s upward movement next. #Update #Crypto $BTC
Americans are increasingly prioritizing financial privacy as traditional banking systems fail to protect data, with DeFi technology providing solutions for data control. #Update #Crypto $ETH
Bitcoin bulls are attempting to reclaim three moving averages as support, according to recent price analysis ahead of the monthly close. #Update #Crypto $BTC
ChatGPT reveals strategies for identifying hidden gems in crypto, utilizing sentiment analysis and on-chain data to track smart money movements. Explore AI tools for informed trading decisions. #Update #Crypto $BTC