Latin America is increasingly adopting cryptocurrency, particularly stablecoins like $USDC and $USDT, to address banking inefficiencies and high remittance fees amid rampant inflation. #Update #Crypto $USDC
Bitcoin surged to $114,501, liquidating $319M in shorts as traders reacted to U.S.-China trade talks ahead of the FOMC meeting on Oct. 29. #Update #Crypto $BTC
@Ledn has funded over $10 billion in bitcoin-backed loans across 100+ countries since 2018. “Never sell your bitcoin,” said Donald Trump in July 2024. #Update #Finance
In a landmark ruling, the Madras High Court declared $XRP and cryptocurrencies as property under Indian law, affirming jurisdiction in a WazirX hack case where user accounts were frozen. #Update #Crypto $XRP
A high school student in Maryland was mistakenly handcuffed after an AI misidentified a bag of chips as a weapon, raising concerns about AI reliability in schools. #Update #AI
Bitcoin’s (BTC) Stock-to-Flow model predicts a peak of $222,000 this cycle, but analysts caution against reliance on it due to demand factors; institutional interest supports current prices above $100,000. #Update #Crypto $BTC
Investor demand for $XRP is “enormous,” with Teucrium’s ETF seeing hundreds of millions in inflows; $XRP trades at $2.64, up 2.2% in 24 hours. #Update #Crypto $XRP
Justin Aversano’s “Moments of the Unknown” showcases global love through NFTs, auctioned daily, featuring sounds from NASA’s Voyager Golden Record. #Update #Art
The XRP/BTC monthly chart has broken a long-standing resistance trendline, suggesting potential outperformance of $BTC by $XRP, according to analyst @Xfinancebull. #Update #Crypto $XRP
Rumble CEO Chris Pavlovski announces Bitcoin tipping for 51M users with Tether CEO Paolo Ardoino at Plan B Forum, enhancing creator earnings. #Update #Crypto $BTC
@Binance spent $860,000 lobbying for a pardon for founder Changpeng Zhao (CZ), facing US legal challenges over banking law violations. Political reactions vary, with mixed support for CZ’s defense. #Update #Crypto $BNB
@SharpLink moved $78.3M in $ETH, signaling institutional confidence as Ethereum’s fundamentals strengthen. Daily transactions hit all-time highs, supporting a bullish outlook. #Update #Crypto $ETH
Bitcoin’s (BTC) Stock-to-Flow model predicts a peak of $222,000, but analysts urge caution as institutional demand exceeds supply reduction by seven times. Predictions vary widely for BTC’s future price. #Update #Crypto $BTC
Solana’s upcoming Alpenglow upgrade aims to lower validator costs significantly, enhancing staking accessibility and decentralization. CEO Michael Repetny discusses its potential impact on the network’s economy. #Update #Crypto $SOL
