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Cryptocurrency startup Jim AI Studios has done it again, introducing a new Plinko gambling product, TG.Casino.This is an exclusive place for online, anonymous crypto gambling. Kind reminder that @JimAIstudios launched their second game less than 48h ago. We’re only getting started! Oh and you can still earn up to 20% on referrals.https://t.co/R20LQHb8P0 pic.twitter.com/g2pkDITekF — The Crypto Monk (@thecryptomonk) September 29, 2023 Plinko first debuted in the US around 40 years ago, with its popularity growing. It now stands among the most famous avenues to gamble on, with crypto casinos flocking to it, thus TG.Casino. The project supports Bitcoin cryptocurrencies, with bonuses payable in digital currency. Interested players and gaming enthusiasts looking for amazing Plinko casinos should head to TG.Casino. This is a reputable, safe, and trustworthy cryptocurrency gambling site. The project has already been launched in Telegram. 🎉🎉https://t.co/1Civ...

A popular cryptocurrency trader believes that one mid-cap altcoin project is showing high growth potential. Pseudonymous crypto analyst Altcoin Sherpa tells his 196,400 followers on the social media platform X that decentralized derivatives exchange Injective (INJ) is forming a bullish pattern. “INJ: high timeframe higher low [price] is here. This looks very healthy. I think this is one of the few where you’ll be able to blindly buy dips for in the coming weeks.” Source: Altcoin Sherpa/X Looking at his chart, the trader seems to think that INJ is in an uptrend and can eventually retest the resistance level at $9.88 first and then $14. Injective is trading for $7.50 at time of writing, up 3.3% in the last 24 hours. The trader also weighs in on Bitcoin (BTC) and Ethereum (ETH), predicting the largest crypto assets will likely soon see a significant upswing based on a historical pattern. “Seasonality is really important to look for in crypto. BTC and...

Valkyrie Investments has achieved a significant milestone by gaining approval for the first-ever exchange-traded fund ( ETF ) featuring Ethereum (ETH) futures, leading to a surge in ETH prices and a wave of liquidations. Within the last 24 hours, ETH prices experienced a notable increase, liquidating more than $11 million worth of ETH short positions. The total liquidation value during this period amounted to $13.78 million, with Ethereum shorts accounting for most of the liquidations. Liquidations occur when traders close out their positions in the market due to reaching a certain price level, often resulting in losses for the involved traders. Short liquidations happen when traders who have bet on a price decrease are forced to close their positions due to a rise in the cryptocurrency’s price. In contrast, long liquidations occur when traders who have speculated on a price increase are compelled to close their positions due to a price drop. On the OKX exchange, ETH liquidat...

Global investment firm VanEck is preparing to roll out an Ethereum (ETH) futures exchange-traded fund (ETF) amid an optimistic outlook for the first-ever US futures ETF based on the second-largest crypto asset by market cap. In a statement published on Thursday, the firm says the VanEck Ethereum Strategy ETF (EFUT) will not directly invest in Ethereum or other crypto assets, but in standardized, cash-settled ETH futures contracts traded on registered commodity exchanges. “VanEck Ethereum Strategy ETF (EFUT) [is] an actively managed ETF designed to seek capital appreciation by investing in Ether (ETH) futures contracts.” The fund, which will be listed on the Chicago Board Options Exchange (CBOE), currently intends to invest only in ETH futures traded on the Chicago Mercantile Exchange. VanEck’s statement did not specify a timeline for launch. The announcement comes amid reports that the U.S. Securities and Exchange Commission (SEC) is ready to give its appro...

In data referenced by Bloomberg Intelligence, it was reported that public miner s now make up 28% of Bitcoin’s global hash rate. Jamie Coutts, the analyst, shares that this presents an evolution to the industry, introducing new opportunities and challenges to the network, including higher prices in the West and potential to overload fragile energy grids in more affordable countries. Small scale miners are still critical Simultaneously, Coutts shares that small-scale miner s are still critical to ensure the crypto industry remains decentralized and less fragile. According to @hashindex, public miner s are 28% of #Bitcoin's global hashrate. The industry is evolving, with public co's and nation-states now integrally involved. This presents opportunities & challenges to the network. 1/ pic.twitter.com/S6bFNTknMO — Jamie Coutts CMT (@Jamie1Coutts) September 27, 2023 Unfortunately, on the other side, in many countries, mining is outlawed or economically unfeasible...

Sam Curry, a security engineer at Yuga Labs,in a now-deleted X thread, said he was detained at a U.S. airport because he had earlier attempted to investigate a crypto scam. According to reports, he was detained by U.S. federal agents on Sept. 15 after returning from a trip to Japan. Curry was questioned by Internal Revenue Service’s Criminal Investigation (IRS-CI) unit and the Department of Homeland Security (DHS) agents about a “high-profile phishing campaign.” Thinking it was random, the engineer gave his unlocked phone for agents to access OpenSea logs. You might also like: OpenSea ex-manager retracts bail request amid ongoing appeal U.S. agents later served him with a grand jury subpoena to testify in New York as part of an ongoing investigation into wire fraud and money laundering. However, the subpoena was canceled when agents realized Curry wasn’t involved in the case. “I’m sharing this because I think it’s something peop...

Paysafe unilaterally halts EUR deposits on Binance, prompting user advisories. Binance recommends EUR balance conversion to USDT before October 31. Binance critic reacts, pondering why Paysafe suddenly abandons the exchange. In a recent announcement, Binance reported that Paysafe Payment Solutions Limited (Paysafe) has unilaterally ceased processing EUR deposits for its users. The unexpected decision has prompted Binance to issue a series of advisories, urging Paysafe users to take specific actions ahead of time. To mitigate potential disruptions, Binance advised Paysafe users to consider converting their EUR balances within their Binance accounts to Tether USD (USDT) before the October 31, 2023 deadline. In the interim, Binance assures users that they can continue withdrawing their EUR balances from their Binance accounts to their respective bank accounts. Notably, Paysafe’s discontinuation of EUR-related services has impacted several key aspect...

The US added trillions in stimulus spending, making the economy experience a “mini growth miracle.” The growth could become a burden in the coming years as federal spending and debt are added to the economy. The Rockefeller International chair, Ruchir Sharma, highlighted how the world thanked China for leading economic growth after the 2008 financial crisis. 15 years later today, the Chinese economy is in turmoil because of massive stimulus campaigns during the global financial crisis. Also Read: BRICS : Top Oil Producer Ditches US Dollar, Accepts Only Local Currency Debt weighed down the Chinese economy, and the US is now following the same downward path that China walked previously. Sharma wrote in the Financial Times that post-mini miracle growth, the US could face similar headwinds to China. Federal Spending, Debt, Reasons for US Economy To Slow Down Source: Wallpaperflare.com The Federal spending reached $8 trillion in 2021 with $6 trillion spent on the US m...

The Foundation plans to issue $15 million per year in community grants to fund DeFi projects. Decentralized exchange (DEX) Uniswap is seeking an on-chain vote to approve the second tranche of the $74 million funding for its developer Uniswap Foundation. According to the September 27 announcement, the second tranche of funding , with a buffer of 10% for price volatility, is worth an estimated $62 million and will be decided via an on-chain vote on October 4. If approved, the funds will be used for operations and research grants. The Uniswap Foundation is responsible for growing core protocol metrics, building a pipeline for innovation, and aligning incentives for stakeholders of the popular DEX.  Developers explained that over the next year, they plan to build a software development kit for Uniswap V4 and support its subsequent migration, having already received $17.3 million in the first tranche for this target . The Uniswap Foundation team said the funding request was split in two...

BIS general manager Agustín Carstens stresses the importance of legal frameworks that protect CBDC user privacy and maintain monetary freedom of choice. Legal framework s that ensure that user privacy and the freedom to choose between central bank digital currencies and other forms of money will be key in driving CDBC adoption, according to the head of the Bank of International Settlements. Speaking at the BIS Innovation Hub conference in Switzerland on Sept. 27, BIS general manager Agustín Carstens stressed that legal frameworks remain a key consideration in the development and proliferation of CBDCs around the world: “Most fundamentally, the legitimacy of a CBDC will be derived from the legal authority of the central bank to issue it. That authority needs to be firmly grounded in the law.” He added that different countries' laws specify what types of money their central bank can issue, which typically includes physical cash as well as credit balances on current and reserve ac...

Dogecoin is currently trading at $0.06, and it is among the least-performing cryptocurrencies in 2023. DOGE barely spiked in price, and the hype surrounding the coin has fizzled out this year. The meme currency remained on the back foot in all three quarters of the year, leading to severe losses. Can Dogecoin turn the tables for the last quarter of 2023 and begin to rally again like it did in 2021? In this article, we will highlight where DOGE prices might trade by December 2023. Also Read: Shiba Inu Forecasted To Delete 2 ‘Zeroes’, Spike 1,500% & Hit $0.0001 Dogecoin: December 2023 Price Prediction Source: CryptoPotato Leading on-chain metrics and price prediction firm Changelly has forecasted a bleak picture for Dogecoin in December 2023. According to the price prediction, DOGE might move from its current level of $0.060 to $0.065 by the end of December. That’s an uptick of nearly 11% from its current price for the next three months. Also Read: VeChain: If You...

Bitcoin spot exchange trading volumes have disintegrated since March, while BTC price action has gone barely anywhere, research shows. Bitcoin (BTC) exchange s have seen trading volume collapse as traders deal with constant macroeconomic uncertainty. According to new research from on-chain analytics platform CryptoQuant published on Sept. 25, daily BTC volumes are at lows rarely seen since 2018. Fed keeps Bitcoin investors wary of “possible recession” Bitcoin price action has stayed in a familiar range for several months, and as time goes by, interest in transacting appears to be fading. CryptoQuant data, which tracks activity on both spot and derivatives exchange s, highlights the extent to which volume s have decreased since BTC/USD entered its current range in March. The past week saw between 8,000 and 15,000 daily spot exchange transactions — a fraction of the standard March daily tally, which exceeded 600,000. For contributing analyst Caue Oliveira, a principal force behind th...

Binance announced on Monday, September 25, that it had reopened customer registrations in Belgium. The exchanges products and services are also accessible in the country to customers who accept new Terms of Use. Binance had halted operations in the country in August, directing customers to a Polish entity. Binance , the world’s largest cryptocurrency exchange by trading volume, has announced that new customer registration and access to products and services is now reopened in Belgium. The announcement comes nearly a month since the exchange notified its customers that access to Belgian customers would be available via Binance Poland. That move followed an order from the Belgium market regulator warning Binance not to offer its services in the country. Great news for our Belgian community 🇧🇪 We've now reopened registrations and access to # Binance products and services in Belgium. https://t.co/IActiqYMjm — Binance (@binanc...

The e-CNY app now allows tourists to top-up their wallets using Mastercard and Visa payments with a “recharge first and use later” option. Tourists planning to visit the People’s Republic of China can now pre-charge their digital yuan wallets using Visa and Mastercard payment options as the nation continues to update the mobile app powering its central bank digital currency (CBDC) pilot. The e-CNY app, which is still in its pilot version, is available to iOS and China-based Google Play Store users. The application serves individual users, allowing them to open digital yuan wallets to use e-CNY. As per the latest iOS app update published on Sept. 22, version 1.1.1 supports its top-up service with international card options. The latest version of e-CNY app on the Apple App Store introduces the top-up service for international cards. Source: e-CNY app According to a number of local Chinese news outlets, the latest version of the e-CNY app coincides with the start of the Asian Games. A tu...

A wallet associated with Ethereum co-founder Vitalik Buterin has been flagged sending 400 ETH worth $600,000 to Coinbase. Blockchain sleuths have flagged a number of ETH transactions from a wallet associated to Ethereum co-founder Vitalik Buterin in September 2023 totalling over $3.9 million. Seperate blockchain monitoring profiles shared details of a 400 ETH transaction worth an estimated $632,000 from Vitalik’s wallet to Coinbase on Sept. 25. @VitalikButerin deposited 400 $ETH to #Coinbase at $1,579 ($632K) 2hrs ago. Notably, Ethereum’s co-founder has deposited a total of 2,421 $ETH to multiple CEXs at 1,628 on average ($3.94M) via two addresses over the past 10 days. More details: https://t.co/tiJwn0omkk… https://t.co/C3BqRmsUau pic.twitter.com/8v1jmadwaM — Spot On Chain (@spotonchain) September 25, 2023 According to Spot On Chain, Buterin’s most recent transaction is the latest in a spate of ETH deposits to centralized exchanges over the past 10 days. The blockchain an...

In the ever-evolving world of crypto currencies, hidden gems often shine the brightest. Today, we dive into the realm of crypto gems, those digital assets priced under $5 that have the potential to make a significant impact in 2023. Among the finds, we’ll explore Borroe.Finance ($ROE) is a standout candidate for the best crypto investment opportunities, making it essential not to overlook. Borroe.Finance ($ROE) Amidst the search for a good crypto to buy, Borroe.Finance ($ROE) stands out as a beacon of innovation. Priced at a mere $0.0125 per token, Borroe.Finance has swiftly gained recognition through its ongoing presale event.  This project boasts an extraordinary concept of an advanced AI-powered funding marketplace that empowers content creators and Web3 participants to access immediate cash by trading their future earnings. The unique model encompasses various income streams, including subscriptions, invoices, royalties, etc. LunaX (LX) LunaX ...

The total value locked in DeFi plunged by nearly $5 billion in the past week, falling to $44 billion, according to DappRadar data. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. A new analysis by investment management fund VanEck revealed that economic activity in the DeFi sector dropped 15.5% in August. Blockchain Capital, on the other hand, announced two new crypto-focused funds totaling $580 million. Balancer protocol blamed its recent exploit on its DNS service provider, claiming that a vulnerability in the code allowed the exploiters to hijack the front end, and Chainlink and Arbitrum have teamed up on decentralized application (DApp) development on Ethereum layer-2 scaling solution Arbitrum. The top 100 DeFi tokens had a bearish week due to the market decline after the United States Federal Reserve’s interest rate pause, with most tokens t...

Starting Sept. 29, Binance will remove Spot Trading Bots services from trading pairs including AAVE/BNB and ZIL/BNB. The announcement comes amid reports of decreasing Binance trading volumes, likened to regulatory challenges and end of zero-fee commissions. 57 down and potentially more to follow The Spot Trading bot services that were removed are listed on the Binance website. The reason for these mass removal s, according to Binance, is a “service alteration to improve the user’s trading experience.” #Binance will be removing Spot Trading Bots services from selected trading pairs.https://t.co/AkKp40dv4V — Binance (@binance) September 22, 2023 Binance first announced the removals in a Sept. 21 tweet. A follow-up tweet from the next day stated that despite these removals there will be the addition of two service bot trading pairs, BTC/FDUSD and USDT/TRY. You might also like: Binance and Changpeng Zhao ask court to dismiss SEC suit The announcement comes tw...

As AI and cloud computing become more popular, their environmental footprint is bound to grow. However, blockchain can help make these technologies more sustainable. As the meteoric growth of AI and cloud computing takes an unspoken toll on the environment, blockchain-based distributed networks like CUDOS can create a sustainable future for AI. In the past, Bitcoin (BTC) was targeted because of its high electricity usage and its consequent environmental impact. It took the combined effort of the mining industry and Bitcoin advocates to kick off numerous renewable energy initiatives, which resulted in the share of “green energy ” in the Bitcoin mining industry growing to over 58%. As Bitcoin carved a sustainable path into the future for itself, another technology started causing qualms in parallel with its explosive growth — artificial intelligence (AI). Sure, it’s fun to ask trading advice from ChatGPT or order a funny portrait of a president on Midjourney, but AI relies on countless...

VeChain has officially launched VeWorld, its self-custody wallet. VeWorld supports features such VIP-180 tokens, currency conversion and fee delegation. VeChain has announced the official launch of VeWorld, the enterprise-focused L1 blockchain’s new self -custody wallet . VeWorld integrates with WalletConnect, an open-source blockchain standard that allows users’ wallets to connect and interact with decentralised applications (dApps) and other wallets. It’s a bridge that connects the Web3 wallet to the dApps ecosystem, bringing the benefits of interoperability to developers and the broader VeChain user base. As such, the mobile wallet’s unveiling means the VeChain ecosystem has added a key piece of infrastructure for crypto. It also marks a milestone achievement for the developer team. “ Our developers have been working diligently, day and night, to build and deliver a superior VeChain wallet. Today marks the culmination of tho...

Amid price retracement by the majority of assets in the cryptocurrency market, Bitcoin (BTC) is also reversing the gains it attained earlier this week, but this does not necessarily mean a bad thing as it can provide an ideal opportunity to accumulate the maiden crypto before it potentially skyrockets. Specifically, as crypto trading expert Ali Martinez pointed out, Bitcoin has retraced every time its relative strength index (RSI) hit 73.31 on the 4-hour chart since mid-April, which could present a chance to ‘buy the dip,’ as he highlighted in his X post published on September 20. Bitcoin price action analysis. Source: Ali Martinez According to the cryptocurrency analyst’s observations: “We’re seeing this again as BTC approaches a descending resistance trendline at $27,440. A correction from here might take BTC to $25,200 or below, providing a potential ‘buy the dip’ opportunity.” Cryptocurrency Musk’s DOGE dream: What if Tesla bought Dogecoin instead of Bitc...