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2024-05-03

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Bitcoin cash (BCH) price has reversed 10% to hit $225 on October 9 after conspicuously failing to clear the $250 resistance last week. With Bitcoin miners and crypto whales taking opposing positions, here’s how BCH price could react in the weeks ahead. The Metaverse has upgraded pic.twitter.com/QT1LAkjQGB cryptocurrency market capThe sneakers contain a mixture of white and black panels and features blue .SWOOSH logos. Interestingly, the markets in Berlin’s Kreuzberg neighborhood first gained notoriety in 2013 for adopting Bitcoin, and at one point having the greatest density of cryptocurrency companies per square meter anywhere in the world.

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In both London and Paris editions, visitors could try virtual garments and accessories from the full global lineup. Pieces by Paris Fashion Week designers Ponder.er (Alex Po and Derek Cheng), Florentina Leitner, and the aforementioned Nouchi included a smocked denim jacket, sunglasses, bodysuits, and a tank top. Leitner presented her collection earlier Tuesday in the adjacent Palais de Tokyo runway space.ValeVerse: Valentino Rossi's metaverse ascends to The Sandbox In an Oct. 6 mail, CEO Daniel Alegre explained why the company needed to restructure in light of the prevailing market conditions. Bankrupt FTX Initiates Early Talks on Crypto Exchange ...XRP (XRP) price is up today following news that Federal District Judge Analisa Torres of the Southern District of New York ruled against the United States Securities and Exchange Commission’s contention that XRP is a security. XRP immediately reached $0.55, but subsequently gave away part of the gains on Oct. 4.XRP token 4-hour index price, USD. Source: TradingViewRipple’s favorable court decision spurred mixed opinions from expertsIn an Oct. 3 court order, Judge Torres claimed that the matter did not require an order that “involved a controlling question of law,” which is an essential condition for approving an interlocutory appeal. This decision sparked a debate among crypto law experts in the community.Bill Hughes, a lawyer at blockchain firm ConsenSys, told Cointelegraph that the rejection of the SEC’s appeal was generally expected, given that appeals of this nature are not usual during this part of a trial. Similarly, Gabriel Shapiro, general counsel at Delphi Labs, warned XRP bulls to temper their enthusiasm, as the SEC could still appeal the case later. The regulator would need to wait until after the trial’s conclusion, which is scheduled to begin on April 23, 2024.Ripple gets approval for a Singapore digital payments licenseIn an Oct. 4 statement, Ripple announced that its local entity, Ripple Markets Asia Pacific, was granted a Major Payment Institution license for digital payment token services in Singapore. This decision will allow the company to continue operations in the city-state after receiving in-principle approval from the Monetary Authority of Singapore in June.According to Ripple, the license allows its subsidiary to further scale its On-Demand Liquidity service offering, an enterprise solution that uses XRP as a bridge between two currencies. This eliminates the need for prefunding of destination accounts and reduces operational costs.Ripple picked as a contender for Georgia’s CBDC pilotOn Sept. 28, the National Bank of Georgia (NBG) announced that nine companies, including Ripple, would take part in the research of its central bank digital currency (CBDC). Known as the digital lari, or GEL, the project aims to be programmable and support asset tokenization.The Eastern European country, with a population of 3.7 million, intends to launch a limited-access live pilot environment, where only one of the participating companies will be selected to move forward. The NBG announced that it was considering issuing a CBDC in May 2021, without providing a timeline for it.There was modest impact on XRP derivatives demandThe demand for XRP futures did not present meaningful changes, with the open interest — which measures the aggregate notional of contracts still in play — increasing by 13% versus the previous day. Furthermore, the current $590 million open interest falls short of the $794 million from one month prior.XRP futures open-interest weighted funding rate, 8-hour. Source: CoinglassNotice that the XRP futures funding rate has consistently stayed below 0.01% every eight hours, which is equivalent to 0.20% per week. Positive values indicate that long positions are covering the cost of leverage, but a funding rate below 1% per week is generally not considered expensive.Considering the inability to surpass the $0.54 mark, which would have been the highest level in six weeks, and the lack of demand for leverage through futures contracts, it’s reasonable to doubt whether the recent positive news flow has convinced investors that XRP is about to enter a bull run.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. A cross-chain operating system says it allows anyone to launch and manage tokenized fund, strategy, or financial product. Velvet Capital aims to democratize asset management by enabling on-chain DeFi portfolios, with a number of high-profile protocols already on board.Crypto is a thrilling, innovative industry that’s shaping up to have a profound impact in the decades to come — but of course, it’s had quite a few knocks in recent years.With high-profile collapses of FTX and Celsius badly bruising confidence in the sector over the past year, with some consumers losing their life savings as contagion spread.As damaging as these bankruptcies have been, passionate entrepreneurs who care about the ecosystem are now taking it upon themselves to learn lessons from the downfall of people like Bankman-Fried and Mashinsky, making the space safer for everyone.A key tenet in this campaign is reducing counterparty risk and putting power back into the hands of everyday crypto enthusiasts, who shouldn’t have to worry about withdrawals suddenly being suspended.Inevitably, there are a few hurdles that need to be overcome before this becomes a reality. One of them surrounds delivering a seamless and frictionless experience — eliminating the pain points that DeFi investors are confronted with every day: complexity, security concerns, high gas fees, user interface difficulties. The other involves catering to a broad range of crypto believers — and ensuring that newcomers are served just as well as seasoned traders who have been in the industry for years.Now, a dedicated cross-chain operating system says it’s opening its arms to everyone and demystifying DeFi by ensuring all of its users can cultivate their own portfolios with a few clicks.‘Ready to use or create your own’This new, democratized approach is being pioneered by Velvet Capital, which is driven by a desire to offer diversification to the masses. With Velvet, users are given an easy to use interface and the choice to either access ready-to-use DeFi portfolios created by Asset Managers and Crypto Natives, or create their own.Given the catastrophic implosions during the bear market, Velvet Capital stresses that portfolio’s created on the platform are noncustodial — meaning it doesn’t hold any user assets. To beef up security further, audits are also completed on a regular basis.Source: Velvet CapitalChoice is an important thing. Some investors prefer to let the best fund managers and algorithms do all the hard work on their behalf, others prefer to take a hands-on investing approach. In the past, establishing a portfolio that spans a plethora of DeFi protocols would involve endless wallet integrations that add painful delays when multiple transactions need to be executed quickly. Velvet Capital is integrated with PancakeSwap, 1inch, Ox, Paraswap, Alpaca Finance, and others to optimize investors’ capital efficiency and yield in one place.Michael Hage, vice president of business development, said:“Building Velvet Capital is exciting because it’s the first professional grade DeFi asset management OS that’s open to all investors and will allow anyone to create and manage on-chain portfolios in a non-custodial way.”Version 1 of Velvet Capital launched in November 2022 and allowed users to invest in ready made crypto indexes and yield farming portfolios— the next gen version 2 is set to go live soon and will deliver a professional-grade experience that’ll make it simple and easy to trade on-chain.At the core of this platform is an ambition of unlocking access to a diverse range of crypto assets — without the limitations of a single chain. User experience is another priority, with performance across multiple timeframes broken down in an easy-to-understand interface.Funds can be distributed directly via a native Web3 app and can use the Velvet Capital API to execute logic on-chain through Velvets infrastructure.In the crypto space, choice and quality have never mattered more. Velvet Capital is now rising to the occasion — all while enabling the institutional adoption of DeFi.Learn more about Velvet CapitalDisclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

Trader and analyst “CrediBULL Crypto” posted his technical analysis update on October 9, noting the resistance at higher levels before stating: The screenshot below clearly shows that there was a sharp dip in the Base TVL during late September due to the burning of USDC tokens. However, the re-minting of USDC covered the dip. Ethereum Price Prediction 2023-According To ExpertsUniswap Gulf Stream

The emergence of blockchain technology has sparked the development of web3, also known as the “semantic web.” 2008 10 Most Promising Cryptocurrencies to Invest in June 2023Van de Poppe suggests that if Bitcoin rises above $28,000, the path to $35,000-40,000 can be opened. The analyst argues that a bull rally may begin in this scenario. Bearish Traders Have Siezed Control in the Spot Markets

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