Cryptocurrency News: Bitcoin, altcoins, NFT, №559к

Ethereum is heading into a loss-making weekend despite the launch of several ETH futures Exchange Traded Funds (ETFs).

Cryptocurrency analysts of

Coinidol.com report, Ethereum (ETH) is back in its October 5 price range after rising to a high of $1,765.

Bitcoin, which had a good start to October and rose to $28,500, fell back to $27,000.

Stablecoin Market Capitalization Sees Significant Contraction

Hong Kong is considering measures to restrict retail stablecoin trading for individual investors in response to the increasing adoption of cryptocurrencies, as stated by a local official.

Jeffrey Sachs, an American economist and best-selling author, has stated that the end of the dollar’s hegemony is near and that central bank digital currencies (CBDCs) will become the basis of cross-border settlements.

The anonymous host of InvestAnswers is predicting that the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) will trigger massive inflows from Wall Street giants.

Charles Hoskinson, the founder of Cardano, recently celebrated significant milestones in the journey of the blockchain’s Mithril Protocol.

On October 6, 2023, the cryptocurrency Cardano, known by its ticker ADA, is ranked as the eighth-largest in market capitalization, valued at just over $9 billion, or 0.

In a stunning twist in the Ethereum ecosystem, the blockchain has announced incorporating a large share of emergent “two-tiered staking,”a model representing two classes of participants, including Node operators and Delegators.

Ripple Labs and its native token, Ripple (XRP), have been stirring up the crypto community with massive adoption and global expansion following the platform’s phenomenal victory in the protracted legal conflict with the Securities and Exchange Commission (SEC).

Founding BRICS members China and Brazil along with newcomer Saudi Arabia are quietly unloading their US Treasury holdings.

Elon Musk, the proprietor of the renowned social media platform X (formerly known as Twitter) has faced criticism for suspending an XRP-related X account.

A top-100 crypto wallet altcoin has surged by more than 22% this week, outpacing the vast majority of the digital asset market.

A popular proponent of the meme-inspired cryptocurrency Shiba Inu ($SHIB) has recently suggested the cryptocurrency could soon surge to move to an 8-month high of around $0.

Bitcoin is grappling with heavy resistance at the $28,000 level, where two key moving averages have capped rallies this week.

Solana (SOL), a layer 1 proof-of-stake blockchain, has introduced version 1.

The negative correlation between the U.

London’s Saatchi Gallery is one of the world’s most iconic contemporary art showcases, having played host to the likes of Tracey Emin and Damien Hirst.

A widely followed crypto analyst is plotting out Bitcoin’s (BTC) most likely moves as the king crypto approaches a halving next year.