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Join me for a live trivia game on /fctrivia!
The prize pool is 25M $BASED
Quiz starts at 10:30 PM (+۳:۳۰ گرینویچ) on Oct 17 👀 https://www.fctrivia.xyz/api/frame/prize?fid=444283&prize=171024
Join me for a live trivia game on /fctrivia!
The prize pool is 25M $BASED
Quiz starts at 10:30 PM (+۳:۳۰ گرینویچ) on Oct 17 👀 https://www.fctrivia.xyz/api/frame/prize?fid=444283&prize=171024
🚀 TON Network Surpasses Bitcoin and Ethereum
In September, the TON network recorded 50% of the transaction volume of Layer 1 networks, driven by the surge of airdrop tokens like Hamster Kombat and Catizen, highlighting its potential in the GameFi space with a TVL growth of 40% to $431.98 million.
In September, the TON network recorded 50% of the transaction volume of Layer 1 networks, driven by the surge of airdrop tokens like Hamster Kombat and Catizen, highlighting its potential in the GameFi space with a TVL growth of 40% to $431.98 million.
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💳 Visa to Launch VTAP for Asset Tokenization by 2025
Visa is set to launch its Asset Tokenization Platform (VTAP) in 2025, allowing banks to issue fiat-backed tokens on blockchain. Currently in testing, VTAP aims to enhance institutional adoption of blockchain technology.
Visa is set to launch its Asset Tokenization Platform (VTAP) in 2025, allowing banks to issue fiat-backed tokens on blockchain. Currently in testing, VTAP aims to enhance institutional adoption of blockchain technology.
🚀 Strong increase in employment in the US in September with the unemployment rate falling to 4.1%
In September, the US economy added 254,000 new jobs, far exceeding analysts' forecasts. The unemployment rate also decreased from 4.3% to 4.1%.
This statistic shows the strength of the American labor market and may cause the Federal Reserve to be more careful in its next decisions to raise or lower interest rates.
In September, the US economy added 254,000 new jobs, far exceeding analysts' forecasts. The unemployment rate also decreased from 4.3% to 4.1%.
This statistic shows the strength of the American labor market and may cause the Federal Reserve to be more careful in its next decisions to raise or lower interest rates.
🚀 BNB Surges Post Zhao's Release
After Changpeng Zhao's release from a 4-month sentence, BNB's value soared above $600. Zhao, who paid a $50 million fine, retains 64% of BNB's total supply and plans to launch Giggle Academy.
After Changpeng Zhao's release from a 4-month sentence, BNB's value soared above $600. Zhao, who paid a $50 million fine, retains 64% of BNB's total supply and plans to launch Giggle Academy.
💰 Ethereum Transaction Fees Rise Significantly
Ethereum transaction fees have climbed to $3.20, the highest since early August, driven by increased DeFi activity with Wrapped Ethereum (WETH). ETH price is currently around $2,700, indicating heightened interest in the network.
Ethereum transaction fees have climbed to $3.20, the highest since early August, driven by increased DeFi activity with Wrapped Ethereum (WETH). ETH price is currently around $2,700, indicating heightened interest in the network.
🪙 The possibility of a Bitcoin price rally in October is not guaranteed, but top traders are optimistic
According to one prominent trader, Byzantine General, there is strong demand in the spot market for Bitcoin, but that does not guarantee a price increase in October.
Bitcoin has bounced back from its support level and the key levels of $62,000 and $65,000 are crucial to determine its future direction.
If Bitcoin can break the $65,000 resistance, the uptrend may continue and move towards $70,000. Otherwise, a break below $62,000 may signal a change in market direction.
According to one prominent trader, Byzantine General, there is strong demand in the spot market for Bitcoin, but that does not guarantee a price increase in October.
Bitcoin has bounced back from its support level and the key levels of $62,000 and $65,000 are crucial to determine its future direction.
If Bitcoin can break the $65,000 resistance, the uptrend may continue and move towards $70,000. Otherwise, a break below $62,000 may signal a change in market direction.
💥 Hamster Kombat Airdrop Disappoints
The Hamster Kombat airdrop left users frustrated as token prices plummeted from $0.013 to $0.006, while rewards were only $4 to $17. Critics say the team exploited unrealistic expectations.
The Hamster Kombat airdrop left users frustrated as token prices plummeted from $0.013 to $0.006, while rewards were only $4 to $17. Critics say the team exploited unrealistic expectations.
💵 Survey: Cash Preferred Over CBDCs
A Deutsche Bank survey reveals 44% of respondents prefer cash over central bank digital currencies (CBDCs), and 57% favor debit or credit cards. Privacy concerns are a key reason for resistance to CBDCs.
A Deutsche Bank survey reveals 44% of respondents prefer cash over central bank digital currencies (CBDCs), and 57% favor debit or credit cards. Privacy concerns are a key reason for resistance to CBDCs.
🇺🇸 Trump Completes First Bitcoin Transaction by a U.S. President
Donald Trump made a historic Bitcoin transaction at PubKey in New York, using the Strike app, and promised to support the crypto community if elected in 2024.
Donald Trump made a historic Bitcoin transaction at PubKey in New York, using the Strike app, and promised to support the crypto community if elected in 2024.
🌐 Louisiana Accepts Cryptocurrency Payments
Louisiana now officially accepts cryptocurrency for government services, including Bitcoin, Lightning Network, and USDC. This follows states like Colorado and Utah, signaling broader adoption of crypto in U.S. government systems.
Louisiana now officially accepts cryptocurrency for government services, including Bitcoin, Lightning Network, and USDC. This follows states like Colorado and Utah, signaling broader adoption of crypto in U.S. government systems.
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🪙 The competition of validators of TON network with the production of new coins
Your blockchain network that will soon start generating new coins. The TON network, developed by Telegram, has focused on increasing the power of its validators.
The purpose of this project is to motivate network members to compete in the form of attractive games based on the production of new coins. This action has been taken to strengthen participation and grow the network faster. Ultimately, this project could become one of the most innovative blockchain projects in the field of digital currencies.
Your blockchain network that will soon start generating new coins. The TON network, developed by Telegram, has focused on increasing the power of its validators.
The purpose of this project is to motivate network members to compete in the form of attractive games based on the production of new coins. This action has been taken to strengthen participation and grow the network faster. Ultimately, this project could become one of the most innovative blockchain projects in the field of digital currencies.
🏦 BlackRock: Bitcoin a Hedge Against Dollar Crisis
BlackRock views Bitcoin as protection against a potential U.S. dollar crisis, emphasizing its role as a unique asset in unstable global conditions, despite high risks.
BlackRock views Bitcoin as protection against a potential U.S. dollar crisis, emphasizing its role as a unique asset in unstable global conditions, despite high risks.
The US dollar is poised for a strong comeback
According to Morgan Stanley's forecast, the US dollar will increase by about 7% against the euro by the end of 2024. This forecast is based on the economic weakness of Europe and the need of the European Central Bank to further reduce interest rates, which will increase the pressure on the euro.
In particular, the German economy is facing serious problems and investors' confidence indicators indicate a possible recession, which leads to the depreciation of the euro and the strengthening of the dollar.
According to Morgan Stanley's forecast, the US dollar will increase by about 7% against the euro by the end of 2024. This forecast is based on the economic weakness of Europe and the need of the European Central Bank to further reduce interest rates, which will increase the pressure on the euro.
In particular, the German economy is facing serious problems and investors' confidence indicators indicate a possible recession, which leads to the depreciation of the euro and the strengthening of the dollar.
🏴 High potential of African economies to adopt digital assets
Several emerging economies in Africa, particularly South Africa, have been identified as potential hubs for the adoption of digital assets. Ben Keslin, marketing manager of the VALR exchange in South Africa, believes that the country is the most popular because of its transparent laws and
Strong infrastructure can be a gateway to the expansion of the digital currency market in Africa.
South Africa is the first African country to license crypto exchanges. In March, the country's Financial Conduct Authority (FSCA) approved licenses for 59 crypto platforms to operate under the new rules. According to Statista, the cryptocurrency market revenue in South Africa is expected to reach $246 million by the end of 2024 and increase to $332.9 million by 2028.
Several emerging economies in Africa, particularly South Africa, have been identified as potential hubs for the adoption of digital assets. Ben Keslin, marketing manager of the VALR exchange in South Africa, believes that the country is the most popular because of its transparent laws and
Strong infrastructure can be a gateway to the expansion of the digital currency market in Africa.
South Africa is the first African country to license crypto exchanges. In March, the country's Financial Conduct Authority (FSCA) approved licenses for 59 crypto platforms to operate under the new rules. According to Statista, the cryptocurrency market revenue in South Africa is expected to reach $246 million by the end of 2024 and increase to $332.9 million by 2028.