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Michael van de Poppe predicted in a tweet today that BTC may surge within the next 4-6 weeks. The analyst referenced the price movement of BTC during the previous halving cycle as the basis for his bullish outlook. The current negative sentiment surrounding the cryptocurrency market is another bullish sign, according to van de Poppe. The renowned cryptocurrency trader and analyst Michael van de Poppe analyzed the current status of the Bitcoin (BTC) cycle in comparison to past cycles in a tweet earlier today. In the post, the analyst mentioned that he views the current phase as the final stage before a bullish trend resumes, with the halving occurring in approximately 250 days. Where are we in the #Bitcoin cycle? Cycles are super comparable to each other. Whether you like it or not. Cycles repeat themselves, especially when there's an ingredient called the halving involved. We're currently approx. 250 days away from the 'Halving' and the curre...

John Deaton, a pro-XRP lawyer, has provided insight on how Ripple may sell XRP in the United States via ODL legally. Deaton’s comments addressed a query from a recent CryptoLaw AMA session. Following Judge Torres’ decision, a user questioned whether Ripple could sell the crypto directly outside of the United States. Deaton replied that Ripple had always been authorized to trade the cryptocurrency overseas without running afoul of the law. This is due to the U.S. SEC’s jurisdiction ending within the U.S. border. As a result, the regulatory body lacked the legal authority to monitor crypto sales overseas. Deaton underlined that this is the reason why Ripple claimed in defense that 95% of sales were made outside of the U.S. Also Read: Ripple: Attorney Claims Lawsuit Hindered XRP Adoption by 3 Years However, problems occur when Ripple offers cryptocurrency for sale in the U.S. On July 13, Judge Analisa Torres ruled that Ripple’s prior XRP transactions with ...

Few coins have garnered as much attention and speculation as Bitcoin, often regarded as the go-to cryptocurrency for beginners. Its meteoric rise, followed by dramatic crashes, has become a hallmark of the crypto landscape. However, 2023 has presented a surprising shift in the narrative as Bitcoin finds itself in an unprecedented era of stability. While this newfound calmness has intrigued many and led some to consider it the best coin to buy, another project is gaining traction and causing a division among users as they consider which crypto to buy. There is an artificial intelligence (AI)-powered altcoin that aims to revolutionize how we invest in and shape the future of technology. InQubeta: pioneering a new era of investment? As Bitcoin’s price movements become increasingly subdued and its volatility retreats to levels rarely seen in this scene, InQubeta‘s QUBE is poised to take center stage as one of the altcoin s to watch.  InQubeta has devised a solutio...

Coinbase (COIN), a US-based cryptocurrency exchange, has secured a minority stake in a payment company Circle.  This collaboration comes as both entities take the significant step of dissolving their Centre Consortium partnership, which had been instrumental in the issuance of USD Coin (USDC), currently ranked as the world’s second-largest stablecoin . An updated agreement According to Fortune, this updated agreement was made on Monday, Aug. 21, which comes as a response to regulatory uncertainty and potential competition from stablecoin s, including Tether and now PayPal’s new stablecoin , PYUSD. USDC was originally launched in 2018 as a stablecoin pegged to the U.S. dollar, an action that would theoretically fix the assets price to $1. The idea was first created by Circle, and the company went on to build a consortium called Centre to govern the stablecoin . Coinbase later joined this consortium as a distribution partner in preparation for the launch of USDC. Following th...

Just like the entire market, XRP also experienced a setback. This led to a considerable reduction in profits it earned on July 13. However, XRP proponents continue to hold an optimistic view regarding the asset’s prospective growth. Egrag, a crypto analyst, remained confident in his ambitious projection of a 28,250% surge in XRP’s value over the long haul. This prediction builds upon his earlier one, which was revealed in February. Egrag employs the Average Sentiment Oscillator [ASO] which is commonly nicknamed the Alligator Jaw. The analyst highlighted intriguing patterns noted within the ASO indicator, drawing from historical data as evidence. #XRP Loading a 28,250 PUMP!!!!😱😱😱😱😱 Hold onto your hats #XRP enthusiasts! It's time to revisit the game-changing post from February 25th, 2023, that has everyone buzzing with excitement. 😎📅 Check out the mind-blowing tweet [https://t.co/MikTNBdM6J] Wit...

Critics spread FUD about Binance, arguing that it may be about to crumble like FTX. One of the FUD promoters is an FTX affiliate, Adam Cochran. Cochran raised concerns about the Binance SAFU Fund. Some prominent crypto community figures are again spreading fear, uncertainty, and doubt FUD about Binance. They are arguing that Binance, the largest crypto exchange, may be about to crumble like its former rival, FTX. The FUD, this time, centers around the price of Binance Coin (BNB). Meanwhile, it has been established that one of the promoters of this panic call against Binance is from the FTX cohort. In particular, the FTX affiliate is Adam Cochran, a renowned Binance critic.   According to Cochran’s website, he has held affiliate contracts with FTX and its U.S. subsidiary, FTX US. Crypto enthusiast Lucas Alexander broke the deal to the crypto community, attracting the attention of Justin Sun, TRX founder. @cz_binance @heyibinance https://t.co/JONkj8tE7I ...

The SEC filed its motion Friday in federal court in Manhattan to appeal the Ripple XRP case ruling that XRP is not a sec urity. JUST IN: 🇺🇸 SEC files motion to appeal ruling that XRP is not a sec urity. — Watcher.Guru (@WatcherGuru) August 18, 2023 The court ruling last month ruled in favor of Ripple Labs, stating that XRP was not a sec urity. This was a major win for the crypto world at the time. The SEC requested to appeal earlier this week, which District Judge Torres approved on Thursday. By September 1, the defending Ripple Labs may file their opposition papers to the appeal. A week later, the SEC can file its reply to those papers. Source: The Coin Republic The SEC, claims that the appeal against the Ripple case ruling would “avoid the possibility of engaging in protracted remedies” in litigation. The appeal focuses on the judge’s decision on programmatic sales and “other distributions,” which include both t...

Mastercard is partnering with seven blockchain and payment technology providers to explore the potential and challenges of central bank digital currencies (CBDCs). The specific plans for the collaboration remain under wraps in the payment giants’ Aug. 17 announcement. Mastercard has highlighted key areas of interest in the CBDC realm, such as security, privacy, interoperability, and innovation. We’re partnering with several central banks to help them research new digital currencies projects. It starts with understanding what they want to achieve with this technology, then building in transparency, consumer privacy and stability. We’re working toward those goals with a… — Michael Miebach (he/him/his) (@MiebachMichael) August 17, 2023 Raj Dhamodharan, Mastercard’s head of digital assets and blockchain , emphasized the significance of these aspects. “We believe in payment choice and that interoperability across the different ways of making payments is an ...

BTC price still has "heavy support" at the $28,000 mark, with confidence still in place that Bitcoin can avoid a deeper retracement. Bitcoin (BTC) is struggling to avoid further losses this week as an extended sideways trading period risks ending in a breakdown. BTC price action, long constricted by resistance above $30,000, is looking increasingly unstable, data from Cointelegraph Markets Pro and TradingView shows. The latest Federal Reserve minutes served to sharpen Bitcoin bears’ game on their release on Aug. 16, with buyside interest declining to send BTC/USD to near two-month lows of $28,300. Given the narrow trading range in place since June, the drop was significant, even if totaling less than $1,000 in U.S. dollar terms. Now, traders and analysts are preparing for further support retests, including levels not seen since earlier in the year. BTC/USD 1-day chart. Source: TradingView Classic Bitcoin bear market lifeline back on the map The top to near $28,000 has place...

Dean Skurka stated that although regulations have increased costs, they have also led to greater interest in crypto from institutions. Canadian financial institutions are increasingly taking an interest in crypto as regulatory clarity emerges in the country, according to WonderFi CEO Dean Skurka, who met up with Cointelegraph at the Blockchain Futurist Conference in Toronto. Skurka claimed that his exchange had seen an uptick in trading by institutions as opposed to retail investors. “What we have seen in the first half of this year is growth in our OTC institutional segment,” he stated, referring to over-the-counter trades. “These institutional investors, more sophisticated investors, are [more] immune to sentiment and trends in the market, and they’re more fundamental in their investment approaches. [...] We’re starting to see, [...] through clear regulation, that the segment of our client base is shifting quite a bit.” Cointelegraph’s Sam Bourgi (left) and WonderFi CEO Dean Sk...

McDonald’s Singapore announces the launch of 2000 exclusive NFT collectibles. The Grimace Digital Collectibles is a collaboration between McDonald’s, Bandwagon Labs and the NFT artist The Hidden Walls. Digital Collectibles wallet owners can mint an NFT freely, but cannot trade or transfer it. McDonald’s Singapore has announced the release of 2000 NFTs in the upcoming week. The digital collectibles are a collaboration between McDonald’s with the metaverse service provider Bandwagon Labs and the NFT artist The Hidden Walls. The Grimace Digital Collectibles enables users to hold a virtual representation of Grimace, a friend of Ronald McDonald first introduced more than 50 years ago. As per the statement, the collection is to be made available for free, with ownership of a Digital Collectibles wallet being the only requirement. The wallet is available through the MetaMask app and Web3Auth. Each wallet can mint one NFT, which cannot be sold or transferred. McD...

GameFi developers have been focused on raking in money — and they've forgotten that they need to make games fun in order to win over players. Blockchain games began as a means to effectively test technology’s true potential. However, making sure they reach that potential remains a challenge. While Illuvium was one of the most highly anticipated crypto game releases in history, the price of its ILV token has fallen significantly since 2021 — to the tune of 97%. The project’s developers have not released anything substantial for quite some time. The immersive gameplay and impressive graphics are not enough to stop the game’s token from plummeting. The same can be said of most GameFi tokens. Blockchain games have been largely underwhelming to date because they do not focus enough on ensuring a quality user experience. Ultimately, the task of creating these games is underestimated. When GameFi emerged, it had a lot of potential, but it has been largely underwhelming. It’s not an easy ...

Crypto Twitter is abuzz with speculations on how Sam Bankman-Fried would fare in jail. Recent buzz on Crypto Twitter has ignited speculation over how Sam Bankman-Fried (SBF), the founder of FTX, would handle potential incarceration. Adam Cochran took to his account with a view. Cochran, known for his deep analytical dives into the crypto world and active participation in the Ethereum(ETH) community, opines that being in the Metropolitan Detention Center will “break him.” Duuude they put SBF in MDC? That’ll break him. Going to get a guilty plea within days…. https://t.co/WrUf8rzKUO — Adam Cochran (adamscochran.eth) (@adamscochran) August 14, 2023 Tiffany Fong, a well-respected crypto strategist and researcher known for interviewing SBF at the very start of SBF drama, agrees with Cochran. She thinks SBF is not built for jail. this man is not built for jail pic.twitter.com/mMZILuL9Xh — Tiffany Fong (@TiffanyFong_) August 11, 2023 Billy Markus, co-founder...

Analyst KALEO shared that he is very bullish on PEPE and DOGE in his latest meme coin analysis. According to the analyst, PEPE’s market cap may soon climb above $1 billion. Meanwhile, DOGE continued to trade above a negative trend line on its daily chart. The cryptocurrency trader and analyst KALEO shared his latest take on Pepe (PEPE) and Dogecoin (DOGE) in a YouTube video uploaded yesterday. In the Analysis , he highlighted that both meme coins broke out of bearish trend lines on their daily charts. Subsequently, the analyst is very bullish on both DOGE and PEPE for this week. Daily chart for DOGE/USDT (Source: TradingView) Since the Analysis was uploaded, DOGE’s price had broken back below the negative trend line that had formed on its daily chart. Nevertheless, KALEO speculated that it will be a good idea to accumulate DOGE as long as its price remains above $0.07. Furthermore, technical indicators suggested that momentum was still in favor of bulls a...

Grayscale CEO Michael Sonnenshein emphasized the need for a balanced regulatory approach to cryptocurrency to avoid hindering innovation in the United States. Grayscale Investments CEO, Michael Sonnenshein, highlighted a potential negative outcome for the United States economy if the Securities and Exchange Commission (SEC) continues to take a one-by-one approach to regulating the cryptocurrency industry. During a recent interview with Fox Business, Sonnenshein expressed that the SEC could drive crypto firms out of the country by constantly resorting to enforcement actions against the industry. “If every crypto issued needs to go to a court of law, then as a country we are squashing the innovation taking place here,” Sonnenshein stated. Grayscale CEO Michael Sonnenshein on Fox Business 'The Claman Countdown'. Source: Fox Business Likewise, Ripple CEO Brad Garlinghouse echoed similar comments prior to the partial victory of Ripple, which was decided on July 13. On June 1...

The top gainers include RUNE, SUI, RPL, FTM, and BAT. RUNE topped the gainers’ table with a 5.14% profit in the past 24 hours. CoinMarketCap identified coins with the highest returns in the past 24 hours. In a slowly moving crypto market, CoinMarketCap, the leading crypto aggregation platform, has identified coins with the highest returns in the past 24 hours. The tokens listed on CoinMarketCap to have gained the most during this period include THORChain (RUNE), Sui (SUI), Rocket Pool (RPL), Fantom (FTM), and Basic Attention Token (BAT). THORChain (RUNE) THORChain’s native token, RUNE, gained 5.14% in the past 24 hours to trade at $1.09 at the time of writing. The decentralized liquidity protocol’s token has a market cap of $370 million, with a circulating supply of 339,429,574 RUNE out of a total token supply of 486,077,749 RUNE. THORChain allows users to exchange cryptocurrency assets easily across several networks without losing full custody of their ...