Former U.S. President Donald Trump is preparing to launch his own coin, which is set to take place on Wednesday. While some people speculated that it might be a cryptocurrency, Trump’s project is more of a traditional product than a digital asset.

 
New Coin to Support Presidential Campaign
Donald Trump, who is running for the presidency of the United States again, announced the launch of a new coin to raise funds for his election campaign. The project, titled "Silver Medallion First Edition President Trump," aims to distribute physical silver to Americans who support his political vision and want to see him back in office. Although many of his supporters expected Trump to release a cryptocurrency, this new coin is something entirely different.
 Launch of Limited Edition Coin
Trump announced that the coin will be sold for $100 each through the website RealTrumpCoins.com. The coin will be made of 99.9% pure silver and will only be available in a limited edition. One side of the coin will feature Donald Trump’s likeness, while the other side will display the White House accompanied by the phrase "In God We Trust."
 This coin is expected to be one of several activities that Trump undertakes to secure the necessary funding for his campaign ahead of the upcoming presidential elections in the U.S. The coin comes at a time when Trump is actively seeking new ways to bolster his campaign and ensure he has the resources he needs. He stated that this silver coin is the "ONLY OFFICIAL coin" he has designed and that was minted in the U.S. under his leadership.
 Cryptocurrency Expectations Unfulfilled
In recent months, several meme coins featuring themes related to Donald Trump have appeared in the market, capitalizing on his popularity. However, Trump has distanced himself from these unofficial tokens and emphasized during the introduction of his silver coin that:
"I’ve seen a lot of coins using my beautiful face, but they’re not official. RealTrumpCoin.com is the only place to purchase the official Trump coin."
 At first glance, Trump’s announcement of a new official coin might seem related to cryptocurrency, as many of his fans have been expecting him to introduce a digital asset. For instance, last week, 84% of bettors on the Polymarket platform believed that Trump would come out with his own cryptocurrency. This anticipation was fueled by the launch of the World Liberty Financial project, which was speculated to potentially include an official Trump cryptocurrency.
 World Liberty Financial and the True Purpose of the Coin
The World Liberty Financial project does contain a token called WLFI, but this token lacks the key characteristics of a classic cryptocurrency as many had envisioned. Although WLFI has been presented as a type of digital asset, it is not the classic cryptocurrency that Trump fans hoped for. While speculation continues regarding whether Trump will eventually come up with his own cryptocurrency project, the silver coin remains his current official product and focuses more on traditional investment in precious metals.
Thus, Trump continues to favor physical, tangible assets rather than joining the wave of digital assets that currently dominate the financial world.
Trump's fondness for cryptocurrencies.
Donald Trump also commented on the Fatty token before the presidential campaign. #Fatty caught Trump's attention because one of the characters in the game mimics Donald Trump, and they are also counting on Don's participation in their new video clip. The first episode featured UFC Champion Jiří Procházka and world-famous beauty contest winners. Fatty.io is still in presale, and it is expected to be one of the best launches of this period.
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Historically, October and November are the most profitable months for cryptocurrencies, often marked by soaring gains and bullish trends. This is driven by factors like year-end trading closures, increased market activity, and anticipation around the fiscal year-end.
October, known as "Uptober," frequently sees a recovery after September's dips. November typically continues this momentum, with heightened investor interest leading into the holiday season, resulting in positive market movements.
The question is, which projects should you invest in? The current market is divided into various sectors, with some growing much faster than others. Historically, the GameFi sector, the #Meme sector, and trading bots have performed the best. Over the past few years, these sectors have experienced significant growth in interest, with tokens from these areas seeing increases of thousands of percent.
But is there a project that fits into all three sectors? YES! And it's still in the pre-sale stage, so you still have time to get in. The project is FATTY.io, a comprehensive ecosystem that includes the play-to-earn Tamagotchi-style game #FatBoy and the advanced professional trading bot #FatBot t . On top of that, the Fatty ecosystem has a meme-style theme, great social media traction, and is gaining a lot of supporters.
This claim is supported by the fact that they've already raised $3.6 million in the current pre-sale. The Token Generation Event (TGE) is planned for Q4. The game is set to launch next month with a major test-to-earn campaign, where you can earn loads of #Fatty tokens just by playing.
To top it all off, the $FATTY token has gained support from several VCs, followed by a listing on a TOP Tier1 CEX!
Get ready for a wild ride, as explosive gains are possible during these months!

Christopher DeVocht managed to turn just $88,000 into a staggering $415 million through trading #Tesla options. However, when Tesla's stock price collapsed in 2022 and the markets experienced a sharp downturn, his investment empire crumbled. Now, he is suing his investment firm and financial advisors, claiming they failed to provide proper advice to help him manage risk and protect his wealth.
Million-Dollar Profits Thanks to Tesla
DeVocht, who earned most of his fortune trading Tesla options, hired investment firm RBC Dominion Securities to help him manage his growing wealth. RBC assigned him financial advisors who were responsible for overseeing his #investments and assisting with financial planning.
According to DeVocht, the firm not only opened a margin account for him but also provided substantial loans, which he used for further investments. These loans, however, became his downfall when the markets began to #crash .
Advisors Were Supposed to Protect His Wealth
DeVocht claims that advisors from RBC and tax expert Grant Thornton LLP should have recommended risk mitigation strategies to help him protect at least part of his fortune. His team included an RBC employee who acted as his “financial planning coach.” According to DeVocht, these advisors failed and did not prevent the total collapse of his portfolio.

Wealth Collapse in 2022
DeVocht’s investment portfolio peaked at $415 million on November 30, 2021. However, by early 2022, when Tesla's stock price plummeted and broader markets crashed, his wealth quickly evaporated. DeVocht was forced to sell his Tesla shares to pay off the loans from his margin account, which ultimately led to the complete loss of his investments.
Lawsuit and Claims
DeVocht is now seeking compensation for damages, legal costs, and interest. He claims that his losses were caused by the lack of adequate advice provided by his financial advisors. According to him, if he had been recommended appropriate strategies to protect his wealth, he could have retained a substantial portion of it.
"Had it not been for the defendants' inadequate advice, the plaintiffs would have retained a significant portion of their wealth and adopted financial planning that would not have resulted in the loss of their entire net worth," DeVocht stated in the lawsuit.
A Lesson for #cryptoinvestors , Too
Although this case concerns traditional stocks, it demonstrates that similar situations are not limited to the #cryptocurrencymarket . According to X platform user Kun, who has over 21,000 followers, it serves as a reminder that market collapses can affect any sector.

What Happens Next?
The lawsuit was filed with the Supreme Court of British Columbia in Canada, and RBC Wealth Management Financial Services and Grant Thornton LLP are named as defendants. Both parties have yet to respond to the lawsuit, and the case is still unfolding.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

 

Pro-XRP lawyer Fred Rispoli shed light on Ripple's strategy for their ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Rispoli suggested that certain securities laws will play a crucial role in Ripple’s appeal, adding a new dimension to the case. Additionally, CEO #BradGarlinghouse reaffirmed that XRP is not a security, calming concerns within the community.
What will be Ripple's master move in the mutual appeal?
Rispoli's comments came after the SEC announced its intention to appeal the federal judge’s decision in their case against Ripple. On October 2, the SEC filed an appeal with the Second Circuit Court of Appeals, continuing its four-year legal fight with #Ripple💰 . The #SEC claims that Ripple’s sale of #Xrp🔥🔥 tokens violated federal securities laws.
Fred Rispoli, known for his strong pro-XRP stance, outlined a timeline for the legal proceedings while emphasizing the importance of Ripple’s strategy. He stated that Ripple will likely rely on so-called "blue sky" laws, which are state securities laws designed to protect investors from fraudulent practices and unregistered securities sales.
When asked how these laws would factor into Ripple’s defense, Rispoli simply responded, "Ripple will use this argument in its cross-appeal." Blue sky laws are named after the idea that some speculative investment schemes have no value other than "blue sky."
These laws require strict regulation of securities offerings at the state level, including the registration of securities, regulation of brokers, and licensing of investment professionals. Their goal is to protect investors from fraudulent sales practices and worthless investments.
The Key Role of Blue Sky Laws
Rispoli’s mention of blue sky laws adds an intriguing layer to Ripple’s legal strategy. While federal securities laws, which the SEC is enforcing, have been the main battleground, introducing state-level regulations could undermine the SEC's arguments.
Blue sky laws vary from state to state, which could provide Ripple with an additional legal advantage. If the company can prove that the sales of XRP did not violate these state laws, it could strengthen its defense.
Details of the SEC's Appeal
The SEC is currently seeking to overturn a significant portion of the July 2023 ruling by Judge Analisa Torres. The judge ruled that while institutional sales of XRP violated federal securities laws, sales to retail investors did not.
The SEC failed in its attempt to file a preliminary appeal against this ruling. Despite this setback, it continues its efforts with the Second Circuit Court of Appeals, aiming to challenge the interpretation of securities laws.
An official statement from the SEC spokesperson said the judge’s decision is inconsistent with "decades of Supreme Court precedent and securities laws." The SEC remains confident in the success of its appeal.

However, Ripple remains equally determined. Brad Garlinghouse, in his response to the SEC’s appeal, was highly critical. On the X platform (formerly Twitter), he wrote:
"If Gensler and the SEC were rational, this case would have been dropped a long time ago. This case has done nothing to protect investors but has instead damaged the SEC’s credibility and reputation."
Garlinghouse further stated that the SEC has "lost on all significant points." He also emphasized that XRP's status as an unregistered security has now become a legal precedent. He added that the SEC's failed attempt at a preliminary appeal suggested they "have no intention of challenging XRP's status as an unregistered security."

#RippleVsSEC

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

 

Several #altcoins have experienced losses this week due to growing geopolitical tensions, and Polkadot (#DOT/ ) is no exception. The market correction pulled DOT’s price down to $4.04, representing a drop of more than 14% in just three days.
In such situations, it’s useful to take a step back and assess key network indicators and trader sentiment, as analyzed by experts in the field.
Polkadot On-Chain Activity
One of the key on-chain metrics tracking network activity is the number of daily active users and new users joining the ecosystem. While the number of new accounts on Polkadot has remained relatively stable since May of last year, active users have increased by more than 25%.

The amount of DOT transferred daily during this period has also seen a significant increase, indicating that the network is processing larger volumes of transactions.

Is a DOT Breakthrough Coming – Are Investors Ready?
Some analyses suggest that DOT may be on the verge of a significant breakthrough. It appears that the altcoin is nearing the conclusion of its accumulation phase and could soon break out of its long-standing descending wedge pattern.
Analysts highlight the movements of large investors, indicating that DOT is ready to follow this trend. Key resistance levels are projected at $11.83, $18.41, $26.30, and $37.53.

Another market observer, known as Lucky, also points to a similar #BullishOutlook📈 for DOT in his latest technical analysis. He stated that the asset is nearing the end of its year-long accumulation phase, which could prompt DOT to "take off" soon.
An Optimistic Scenario Based on Historical Data
According to the latest analysis by investment firm TradingShot, DOT may be on track for a significant price surge, potentially reaching $200 by the end of 2025. The analysis suggests that Polkadot is following a pattern similar to the Ethereum Classic (#etc ) cycle from 2018-2021.
As shown in the weekly chart, both assets exhibit nearly identical RSI sequences. Lower highs and double tops lead to a bear market, followed by an RSI bottom that triggers a breakout above the weekly MA50 and 0.5 Fibonacci retracement.

Currently, Polkadot’s RSI hovers around 40.00, a critical level that marked the start of a parabolic rally in #EthereumClassic . If Polkadot mirrors this cycle, it could aggressively climb toward the 1.5 Fibonacci extension and reach $200 by the end of 2025.

Ethereum is facing a prolonged period of selling pressure, leading to a widespread sell-off. Recent data shows that $ETH has significantly lost ground, with its market capitalization dropping by billions.

The current price of ETH, standing at $2,314, represents a significant decline from its all-time highs, wiping out more than $32 billion in market value in a relatively short time. The main cause of Ethereum's troubles is the persistent selling pressure, especially from large holders. This selling has triggered a chain reaction, putting #etherreum reum in a risky position.

Unfortunately, the downward trend seems to be intensifying, and the short-term outlook for Ethereum's market is not encouraging. The breakdown of key technical levels is fueling bearish sentiment among investors. The $2,300 price level is a critical support to watch, as breaking this level could lead to further losses. Another key support is around $2,150, which was a previous consolidation zone earlier in the year. If Ethereum breaks these levels, we could see the price drop towards or below $2,000.
#bitcoin☀️ (#BTC☀ ) Stuck in Limbo for 200 Days
Bitcoin has been stuck in a state of low volatility and declining liquidity for 200 days, which many are now describing as limbo. Traders are frustrated as, despite occasional price spikes, Bitcoin has been unable to break out of its downward trend.
$BTC has struggled to decisively move past key resistance levels, and the charts clearly show a lack of upward momentum. For Bitcoin to see any meaningful rebound, it would need to break through the $63,000 price barrier. On the downside, a drop below the $59,000 support level could trigger a deeper correction, as this level has been frequently tested. The prolonged period of low volatility is evident in both price movement and declining exchange liquidity.
The drop in volume and lack of decisive market movement has driven many traders away, which has severely limited Bitcoin's ability to appreciate. As a result, Bitcoin continues to oscillate between key support and resistance levels.
The downward trend suggests Bitcoin could face further losses if there isn’t a significant improvement in trading volume and market sentiment. Traders should keep a close eye on the $63,000 resistance and $59,000 support levels, as a break in either direction could signal the next major move for Bitcoin. Without a clear catalyst, Bitcoin could continue this cycle of stagnation, offering little hope for near-term gains.
#Xrp🔥🔥 : Unpredictable and Chaotic Performance
XRP has delivered one of the most unusual market performances in the past week. A symmetrical triangle pattern, which usually indicates a breakout, led to unexpected losses for both bulls and bears.
When the price initially broke above the triangle, many thought a #BullishTrend had begun. However, a false breakout led to a swift reversal, catching many traders off guard. But the strange price action didn’t stop there.
XRP continued to decline and is now trading well below its initial breakout level, instead of stabilizing or consolidating. Many liquidations likely occurred as a result of this unpredictable price movement, affecting both bears caught off guard by the false breakout and overleveraged bulls hoping for a rally.
As a result, XRP has now fallen below key moving averages, signaling that without significant buying pressure, the asset may continue to decline. The support level at $0.55 and the psychological barrier at $0.50 are two important price levels to watch for XRP.
If XRP breaks below the $0.50 level, we could see further downside pressure, as it would indicate the inability to maintain a crucial support level. However, if XRP manages to reclaim the $0.55 level, it could signal a reversal or at least some stabilization. Given its unpredictable price action, XRP remains a risky asset to trade at the moment, and investors should exercise caution as it goes through this turbulent phase.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

 

Paul Grewal, the Chief Legal Officer of Coinbase, has raised concerns about the inconsistent approach of the U.S. Securities and Exchange Commission (SEC) in classifying cryptocurrencies. Grewal highlighted what he calls a double standard in the way the SEC argues whether crypto assets should be classified as securities in different legal cases.
Coinbase CLO's Criticism of SEC's Cryptocurrency Classification Confusion
In a recent tweet, Grewal referenced the LEJILEX case and pointed out inconsistencies in the SEC's arguments. According to the SEC's statement on October 2, the agency argued that "whether a digital asset transaction is a securities transaction does not depend on the nature of the asset itself."
However, Grewal claims that in the ongoing Coinbase case, the SEC has taken an entirely contradictory stance. In this case, the agency argued that "crypto assets are different from tangible assets, such as real estate," which makes them more likely to be considered securities.
“This is our government acting on behalf of all of us. Telling one judge one thing and another judge the exact opposite shouldn’t be tolerated. We deserve better,” Grewal stated.
Impact on the Broader Cryptocurrency Market
The SEC's inconsistent position could have serious consequences for the broader #cryptocurrencymarket , especially as regulatory scrutiny continues to tighten. According to Grewal, this is not just a technical issue but one that raises concerns about fairness and transparency in the regulatory process.
Appeal in the Ripple Case
On Wednesday, the SEC made another significant move in its case against Ripple, filing an appeal against Judge Analisa Torres' July 2023 ruling. This decision had classified #Xrp🔥🔥 , Ripple's native digital token, as not being a security when sold to retail investors.
However, the court ordered #Ripple💰 to pay a $125 million fine for selling XRP to institutional investors, classifying those transactions as securities sales. The case remains unresolved as the #SEC now challenges the court’s decision, seeking to overturn the ruling and reaffirm its authority over the classification of digital assets.
Response to the Appeal from Coinbase CLO
The SEC's appeal also drew a response from Grewal. In reply to Ripple CLO Stuart Alderoty’s post about the appeal, Grewal wrote: “If the law is as clear as the SEC always claims, why ask the appeals court for clarification? But fine – let the Second Circuit finally confirm that token trades on secondary markets are NOT investment contracts.”

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

 

In October 2024, many cryptocurrency conferences are focused on bridging traditional financial systems with blockchain technologies. These events provide a platform for discussing the implementation of blockchain across various sectors, while also addressing regulatory challenges and current trends in digital finance. According to several international conferences, this month marks a significant step for the #cryptocurrency and #blockchain industry. These events offer opportunities to meet with experts, traders, developers, and other key players, all of whom share ideas and innovations in this constantly evolving field. Conferences across Europe and Asia provide the ideal space for learning, knowledge exchange, and exploring new technologies.
European Blockchain Convention: Bridging Traditional Finance and Crypto
The European Blockchain Convention, held in Barcelona, focuses on transitioning from traditional finance to new crypto-financial models. This year's event highlights how blockchain has evolved from a disruptive technology to a standard practice within traditional financial institutions. Key topics include regulatory updates, institutional approaches to investment, Central Bank #digitalcurrencies (#cbdc ), and their impact on financial markets.
European Expo – Europe: Showcasing Blockchain Innovation
This conference, recently held in London, showcases the latest blockchain innovations across various industries. It includes technologies in supply chains, healthcare, and digital identity solutions aimed at optimizing processes for many stakeholders. Participants, including students, have the chance to meet industry leaders and representatives of companies working on blockchain projects.
Web3 Dev Global Track Malaysia Conference 2024: Empowering Developers
The Web3 Dev Global Track conference, held in Kuala Lumpur, focuses on supporting developers in the Web3 space. The event features hands-on coding workshops, programming competitions, and presentations on new programming languages and frameworks designed for blockchain. Attendees can gain valuable insights into decentralized applications and their scalability.
Zebu Live: Exploring the Metaverse and NFTs
The Zebu Live conference in London focuses on the metaverse and non-fungible tokens (#NFTs. ). This year's event explores virtual worlds, digital assets, and blockchain, with speakers highlighting the ways these technologies can be used for entertainment, shopping, and interacting with others.
Blockchain Life 2024: Real-World Applications of Blockchain
Blockchain Life 2024, held in Dubai, showcases practical applications of blockchain technologies across various industries. The conference focuses on the real-world usability of blockchain and features case studies of businesses implementing blockchain solutions to solve specific challenges. Attendees can gain a clear understanding of the benefits and challenges of implementing blockchain in their respective fields.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

 

The FTX (#FTT🔥🔥 ) token has become a hot topic due to speculation surrounding FTX's plans to repay its creditors and customers. With a crucial hearing scheduled for October 7, investors have shown increased interest in FTT, driving its value up significantly.
Preparing for a 160% Price Surge
Ahead of the hearing, traders have been flocking to the #FTTToken , and its technical setup suggests a potential price surge of up to 160%. This increase could push $FTT to reach a 10-month high.
FTT Draws the Attention of Traders
Currently, the FTX token is trading at $2.23, reflecting a 64% increase over the past week. This rally is largely fueled by the anticipation of the October 7 hearing, where discussions on repaying creditors and customers will take place.
Sunil Kavuri, a representative of FTX's creditors, stated that if the court approves the repayment plan, creditors owed less than $50,000 could start receiving payments by the end of 2024. Those with larger claims may have to wait until mid-2025.

Increased Activity of Dormant Tokens
Data from Santiment shows that long-held tokens have started changing hands, signaling market anticipation. The token consumption metric, which tracks the movement of long-held coins, has seen a sharp increase.
Additionally, positive daily active addresses (DAA) for FTT, which measure asset price movements against daily active addresses, have risen by 25.46%, indicating growing demand for FTT.
This rally, accompanied by positive DAA divergence, is a bullish sign that suggests increasing interest and potential for further price growth.

FTT Price Prediction: All Eyes on the Court
The growing balance volume of FTT confirms a sharp increase in accumulation ahead of the October 7 hearing. The buying and selling pressure indicator is now at its highest level since December 2023, rising by 69% in the last four days.
If the on-balance volume (#OBV ) exceeds previous highs, it indicates that the token could break through resistance levels, signaling a strong bullish trend. Buyers are accumulating assets, which could lead to a price surge.
Should the court approve the repayment plan and buying momentum accelerates, FTT could break resistance at $4.91 and rise to $5.98, marking a 160% increase from its current price.

On the other hand, if the repayment plan is rejected, profit-taking activity could rise, potentially driving the price of FTT down to $1.

#Lamborghini , in collaboration with Animoca Brands, has introduced a new platform called Fast ForWorld, featuring interoperable digital supercars designed for #web3gaming .
Lamborghini and Animoca Brands Join Forces for Web3 Venture
The Italian luxury sports car manufacturer Lamborghini, together with Animoca Brands, a major player in the #NFT​ space, has announced the launch of a Web3 project involving digital supercars powered by blockchain technology. This initiative marks Lamborghini's first step into the world of blockchain and #Web3 .
Fast ForWorld Platform
In an official blog post on October 2, Animoca Brands revealed that the Fast ForWorld platform will allow users to "experiment, play, interact, and collect digital collectibles." Players will also be rewarded for their engagement. The platform, set to launch on November 7, will feature collectible digital cars that users can buy, sell, and use in other #games within Animoca’s Motorverse.
Platform Technology and Digital Asset Storage
Developed by Gravitaslabs, a subsidiary of Animoca Brands, the platform will also include a 3D digital wallet, enabling users to store and manage their digital items directly within the game.
Lamborghini Expands Its Presence in Web3
This new project marks Lamborghini’s continued exploration into blockchain-based initiatives. In 2022, the car manufacturer teamed up with NFT PRO and INVNT to launch a series of NFTs representing its iconic vehicles. The “Road Trip NFT” project ran until March 2023, featuring monthly NFT collections tied to various locations.
At the time, Lamborghini’s Chief Marketing Officer, Christian Mastro, described NFTs as "a new, exclusive, unconventional offering" and a form of expression for younger generations. Lamborghini also made headlines when it auctioned its Lamborghini Aventador LP 780-4 Ultimae Coupé, paired with an NFT, symbolizing the bridge between physical luxury and the digital world of tokenized assets.
This move underscores Lamborghini's commitment to innovation, merging the luxury automotive industry with cutting-edge blockchain and Web3 technologies.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Franklin Templeton, one of the world's largest asset managers, has added the Aptos Blockchain to support its OnChain US Government Money Market Fund (FOBXX). This move comes at a time when blockchain technology is increasingly merging with the traditional financial world.
Aptos Brings New Opportunities for Investors
Aptos (#APT🔥 ) is a layer-1 blockchain inspired by the Diem project (formerly Libra) developed by Meta. It has now become the latest network where investors can trade shares of this significant fund. The OnChain US Government Money Market Fund, with a market capitalization of $435 million, is the second-largest tokenized fund on the market and is already available on blockchain networks like Ethereum (via Arbitrum), Stellar, Polygon, and Avalanche.
Why Aptos?
According to Roger Bayston, Head of Digital Assets at #FranklinTempleton , Aptos was chosen for its unique features that meet the strict requirements of asset managers. The Benji platform, which Franklin Templeton uses for record-keeping, is integrated into the blockchain, and each Benji token represents one share of the fund.
Aptos is a relatively new layer-1 #blockchain , launched in 2022, utilizing the Move programming language, which is designed for faster and more secure transactions.
Bridging the Worlds of Traditional Finance and DeFi
The developers behind Aptos Labs have long aimed to bridge the gap between decentralized finance (#DEFİ ) and traditional financial institutions. Adding Franklin Templeton to their platform is another significant step toward this vision. In April, the firm also announced partnerships with Microsoft, Brevan Howard, and South Korean operator SK Telecom to support institutional experimentation with decentralized finance.
Excitement About the New Partnership
Bashar Lazaar, Head of Grants and Ecosystems at the Aptos Foundation, expressed his enthusiasm about the collaboration:
"Franklin Templeton's willingness to innovate in the name of a truly decentralized and accessible financial future is inspiring." He further emphasized the importance of connecting the traditional financial world (TradFi) with DeFi, as well as bridging EVM and non-EVM networks. According to him, the integration of the Benji Investments platform with the Aptos network is a crucial step in the right direction.
This significant move highlights how blockchain technologies can push the boundaries of traditional finance and bring a new level of innovation and efficiency.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Billy Markus, known as the co-creator of Dogecoin (#doge⚡ ), one of the most famous meme cryptocurrencies, and who adopted the nickname Shibetoshi Nakamoto, has once again touched upon the topic of his cryptocurrency holdings.
Poor Investments and Buying Memecoins
In response to a question from his followers about whether he is investing in any new digital assets, Markus admitted that he bought a Solana #meme_coin called Moo Deng. However, he regretfully added that the coin's price dropped significantly, and he acknowledged that he’s not good at buying tokens.
Selling His Entire Crypto Portfolio
The discussion then shifted to how he handled his Dogecoin holdings. Markus revealed that on one particular day, he not only sold all his meme coins but his entire cryptocurrency portfolio.
At the time, he sold 50 Bitcoins (#BTC☀ ), 440 Litecoins (#Ltc🔥🔥 ), and 6 million DOGE "in one go." Back then, these funds were enough to buy a Honda Civic. However, if we calculate these assets at today’s prices, his portfolio would be worth approximately $3.76 million.

Why the Dogecoin Creator Sold His Holdings
Many may not know that Billy Markus sold his #Cryptocurrencies because he left his job and needed money to live on. Additionally, in 2015, he no longer felt comfortable with the direction the DOGE community was heading, which was another reason he decided to sell his coins.
Markus’ Influence in the Crypto World Remains Strong
Despite giving up a multimillion-dollar crypto portfolio, Markus, or Shibetoshi Nakamoto, remains a key figure in the crypto world. He has two million followers on X (formerly Twitter), reflecting his growing social capital and continued influence in the space.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

As the cryptocurrency market prepares for its next upward cycle, more and more discussions suggest that #Memecoins🤑🤑 could lead the way. These fun and often humorous tokens, which initially started as jokes, have shown significant volatility and high returns during previous market booms. So why could memecoins kickstart the next bull run? Here are five key reasons.
1. Increased Interest from Retail Investors
Memecoins naturally attract retail investors—those who are new to the crypto world or don't have large amounts of capital to invest. They are affordable, fun, and often backed by strong communities. Unlike major cryptocurrencies like Bitcoin or Ethereum, which can seem complex and expensive, memecoins offer an easy entry point into the market.
In previous bull markets, coins like #Dogecoin‬⁩ and #Shibalnu saw explosive gains thanks to the influx of retail investors. With the potential for high returns, low-cost memecoins could once again draw in the masses, sparking new interest from retail investors, which is often a key factor in initiating a bull market.
2. The Influence of Social Media and Memes
The success of memecoins is primarily driven by internet culture, especially on platforms like Twitter (X), Reddit, and TikTok. Memes and online communities play a critical role in spreading awareness and excitement around specific coins.
For example, the rise of Dogecoin ( $DOGE ) was closely linked to viral tweets and posts from influencers like Elon Musk. Memecoins thrive on this kind of attention, and with the increasing influence of social media, they have great potential to quickly gain traction and dominate the market during the next bull cycle.
3. Community-Driven Projects and the Power of Decentralization
One of the major strengths of memecoins is their community-driven nature. Unlike traditional cryptocurrencies, which are often seen as complex, tech-driven investments, memecoins are the result of collective fan efforts, aligning with the decentralized ethos of blockchain technology.
Memecoin communities are highly engaged and loyal. Holders often rally around their chosen token, using humor and creativity to spread the word. As the community grows, so does the demand for the token, which can drive up its price. This interest could spill over into the broader market, fueling a general upward trend.
4. Celebrity Endorsements and Influencer Power
Celebrities and influencers hold significant power in the crypto world. We've already seen how endorsements from personalities like #ElonMusk. can cause memecoins to skyrocket, as was the case with Dogecoin.
As we approach a new potential bull cycle, influencer marketing is likely to play a key role once again. High-profile figures from entertainment, tech, or even sports are likely to back and promote memecoins to their large followings, creating both credibility and excitement around these tokens.
5. The Speculative Nature of the Crypto Market
Cryptocurrencies are highly speculative assets, and memecoins embody this perfectly. Investors in the crypto space are always looking for "the next big thing," and memecoins can offer that sense of discovery. While more stable cryptocurrencies like #bitcoin☀️ and Ethereum ( $ETH ) offer long-term growth, memecoins attract investors with the lure of quick and high returns.
Before the next bull cycle, investors looking for high-risk, high-reward opportunities may flock to memecoins in search of massive gains, potentially driving overall market growth.
Conclusion: How Memecoins Could Ignite the Next Bull Run
While memecoins may have started as a joke, they have proven to be serious contenders in the crypto world. Their affordability, viral nature, strong communities, and speculative appeal make them prime candidates to kick off the next wave of growth in the cryptocurrency market.
With the increasing influence of social media and growing retail interest, memecoins could lead the first wave of investor attention, spark FOMO, and bring capital into the broader crypto ecosystem.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Thousands of Indian citizens are being fraudulently lured with fake high-paying job offers to become victims of cyber slavery and #CryptocurrencyScams in Southeast Asia. According to local media, thousands of Indians are being forced to participate in online scams, including cryptocurrency scams, phishing attacks, and other fraudulent activities primarily targeting Indian citizens.
Cyber Crimes and Cryptocurrency Fraud
In some cases, victims are forced to impersonate law enforcement officials to fraudulently extort money from unsuspecting individuals. Approximately 45% of #cybercrimes targeting Indians originate from Southeast Asia.
Rescue Operations and Government Interventions
Victims, mostly young Indians, are attracted by fake job offers for positions in IT and data entry systems. Upon arriving in countries like Cambodia, Laos, and Myanmar, their passports are confiscated, and they are locked in guarded complexes where they must work under inhumane conditions. Between October 2023 and March 2024, Indians lost at least 500 million crowns in these scams.
Indian Government Steps In
The Indian government is collaborating with international organizations and local authorities in Southeast Asia to help repatriate imprisoned citizens and dismantle cyber slavery networks. In March, several young Indians were rescued from fraudulent centers in Laos. The Indian embassy has warned against illegal job offers that use "Visa on Arrival" and advised people to carefully verify recruitment agencies.
Unreturned Indians and International Response
From January 2022 to May 2024, approximately 30,000 Indians traveled to Southeast Asia but have yet to return. The Indian government has formed a panel tasked with combating cyber fraud and ensuring the return of these citizens.
In Addition to Cryptocurrency Scams
Investigations have revealed that cryptocurrency scams are often linked to global criminal networks involved in human trafficking. In 2023, #Bloomberg journalists uncovered a massive human trafficking operation in Cambodia connected to Chinese criminal organizations. Victims were subjected to inhumane conditions and brutal treatment.
International Sanctions
The seriousness of these cases has also attracted the attention of the U.S. Department of the Treasury, which recently imposed sanctions on a Cambodian senator connected to these scams. The sanctions also extend to his conglomerate and other entities involved in the exploitation of workers in relation to cryptocurrency scams.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

The activity of large investors, known as #whales , in the Shiba Inu (#SHIB، ) cryptocurrency has surged recently, according to data from IntoTheBlock. Analysts have observed a sharp increase in significant transactions on the SHIB network, indicating heightened #WhaleActivity . In the last 24 hours alone, 383 significant transactions were recorded, marking the highest number in the past seven days.
8.27 Trillion SHIB Tokens Moved
Further evidence of increased whale activity comes from the massive transfer of 8.27 trillion SHIB tokens. This movement is important because whale activity often signals upcoming market shifts. Whales typically build their positions before a major price movement or sell off significant amounts when they anticipate a market decline.
What Does the Increased Whale Activity Suggest?
The increased whale activity for SHIB could signal an impending price recovery or further market consolidation. Although SHIB is currently in a retracement after a recent rise, the price remains above key support levels. The interest from large investors could be an early indicator of a potential #BullishTrend .
Current SHIB Price Situation
At the moment, SHIB is trading around $0.00001684 USD. While price corrections are common after sudden market moves, the increased whale activity indicates that large investors remain engaged. However, this does not guarantee an immediate price surge.
Traders should closely monitor SHIB's market movements, as the current heightened volatility suggests potential price changes. Unfortunately, $SHIB is currently under pressure, slowly losing value.
#shiba⚡

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

In September, the #ShibaInuCommunity removed more than 2.37 billion SHIB tokens from circulation as part of a burning campaign aimed at reducing the number of tokens in circulation and boosting their value.

Data from Shibburn Confirms Astonishing Numbers
According to statistics from #SHIBburn , a platform that tracks Shiba Inu ( #shiba⚡ ) burns, a total of 2,378,422,108 (2.37 billion) SHIB was burned in 131 different transactions throughout September. This month saw a significant increase in the burn rate, rising by 249% compared to August.
Dramatic Burn Rate Increase of 249%
With SHIB currently priced at $0.00001672, the value of the burned tokens is roughly $39,767. September brought a total burn rate increase of 249.36%, which is a substantial difference compared to August, when only 681 million SHIB were destroyed across six transactions.
Significant Token Burns in September
While the community contributed to the burning through 131 transactions, the most substantial impact came from a single transaction by a wallet linked to Binance. On September 26, this unknown user burned 1,872,037,807 (1.87 billion) SHIB in one operation, which at the time was valued at $35,643. This single transaction represented 78.7% of the total burn for the month.
Other notable burns included the destruction of 250 million #SHIB، on September 1, initiated by the Living The Dream (LTD) project as part of their Shib Burn Series campaign. Additionally, on September 16, an unknown wallet moved 25 million SHIB ($332) into Shiba Inu's official dead wallet.
The Community Aims to Boost SHIB's Price
The goal of this mass burning is to reduce the number of tokens in circulation and increase the value of Shiba Inu, which is currently trading at $0.00001672. In September, a total of 2.37 billion SHIB were burned, part of the community's long-term efforts to stabilize and grow the value of this #cryptocurrency .
October Starts Slowly: Daily Burn Rate Down by 92%
While September saw massive burning activity, October has started much more slowly. In the first few days of the month, only 2,941 SHIB tokens were burned, and a total of 2,302,941 SHIB were destroyed in three transactions, valued at $38.5. The daily burn rate dropped by 92.2%, meaning October might be a quieter month for Shiba Inu community activity compared to September.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Are you curious about which cryptocurrencies can be considered relatively safe investments during geopolitical conflicts? In this article, we’ll look at Bittensor (TAO) and two other cryptocurrencies that could protect your portfolio from significant market losses.
The Impact of Geopolitical Tensions on the #Crypto Market
Cryptocurrency prices, including Bittensor ( TAO ), have seen a decline due to escalating geopolitical tensions in the Middle East. The situation intensified after Iran launched missiles at Israel, negatively affecting the total market value of #Cryptocurrencies , which dropped by 5.3% to $2.261 trillion. Many investors now fear that the recent upward trend in the crypto market during October, known as "Uptober," could be interrupted by further price drops. However, there are cryptocurrencies that might offer greater stability during such turbulent times.
Bittensor (#TAO🔥🔥🔥🔥 ): Resilient in Difficult Times
Bittensor (TAO) has proven to be relatively resilient to the declines affecting the rest of the cryptocurrency market. While TAO's price dropped by 10% to $538, it remains in a consolidation zone, which is a bullish signal for future growth. This state indicates that TAO could be poised for a significant price increase, with the potential to reach $900 or even $1,000. While other cryptocurrencies face fear and uncertainty, TAO appears to be a promising option for investors seeking stability.

Solana ( #SOL ): Preparing for Possible Growth
Another cryptocurrency worth watching is Solana ( SOL ). Although SOL's price dropped by 5.3%, it remains in a strong bullish formation. Moreover, Solana’s price stays above key moving averages (the 50-day and 200-day EMA), indicating that bullish sentiment persists in this market. If the bullish pattern breaks out, Solana’s price could rise by as much as 115%, potentially reaching a new all-time high around $365.

XRP (#Xrp🔥🔥 ): Stable Amid Market Fluctuations
XRP has maintained a stable range between $0.45 and $0.75 in recent months. Although this growth might not seem very attractive to many investors, XRP’s stability makes it appealing during periods of market uncertainty. XRP has proven to be a reliable store of value when other cryptocurrencies experience significant volatility. Therefore, XRP could be an ideal choice for those looking to protect their portfolios from larger losses.

Conclusion: Investment Strategy for Uncertain Times
Bittensor (TAO), Solana (SOL), and XRP have demonstrated resilience in the face of rising geopolitical tensions. While no investment is entirely risk-free, these three cryptocurrencies could offer relative stability in an otherwise volatile environment. However, before investing, it’s important to conduct thorough research, consider diversifying your portfolio, and be prepared for the potential risks that may arise in these unpredictable times.

The founder of #Cardano , Charles Hoskinson, expressed great joy and pride in the fact that the public test network for Cardano’s #sidechain , known as Midnight, is now active.
Midnight Testnet is Officially Launched
The Midnight team announced the launch of this test network on Tuesday, while also inviting blockchain developers from around the world to get involved in its development. Midnight is primarily aimed at organizations and developers who require #blockchain transparency but also need to protect sensitive data and maintain a balance between privacy and data utilization.
A Safe and Reliable Environment for Development
The Midnight team offers developers an environment that faithfully simulates live network conditions. This means they can work on this test network with confidence, without the concern of frequent system resets, made possible by improvements to the code base. This step is crucial as the Midnight team moves closer to launching the mainnet.
Charles Hoskinson Expresses Pride and Support
Cardano founder Charles Hoskinson ( #charleshoskinson ) did not hide his excitement over the launch of the Midnight Testnet. He acknowledged that while there are still many challenges ahead for Cardano, this step is exceptionally important and deserves significant attention. Hoskinson even added, "It’s worth sending a little love their way," expressing his gratitude to the team.
Developing Applications on Midnight
Midnight comes with programmable credentials that allow developers to choose which data will be shared on-chain and which will remain confidential. The Compact programming language, based on Typescript, is designed so that even developers with less blockchain experience can easily create smart contracts.
Community Engagement and Developer Tools
Since the launch of the devnet, the Midnight team has created several opportunities for feedback and community engagement, such as community calls and ticket sales on Discord. Future hackathons will help developers better utilize Midnight’s features. To successfully develop on Midnight, developers will need a suitable environment like macOS, Linux, or Windows WSL, as well as the necessary tools to run the node and other network components.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

According to analysts from #Bitfinex , Ethereum (#ETH🔥🔥🔥🔥 ) has historically shown strong returns in the fourth quarter. However, they note that while $ETH tends to perform well during this period, the broader #Altcoinmarket exhibits mixed results, meaning not all altcoins experience similarly positive outcomes in Q4.
Best Periods for Ethereum and Altcoins
Historically, the first quarter of the year has been the most favorable period for both Ethereum and altcoins. The second quarter often brings solid gains as well, though not always to the same extent as the first quarter.
Limited Historical Data for ETH and Altcoins
The analysts point out that data for Ethereum and #altcoins is more limited compared to #bitcoin☀️ . ETH only began trading in the second quarter of 2016, while most major altcoins have emerged in the last three to four years. As a result, the statistical sample is smaller and less stable compared to Bitcoin, which has a longer trading history.
Optimism on the ETH Futures Market
Another factor driving optimism for ETH is data from the futures market. According to data from Coinglass, the open interest-weighted funding rate for ETH has been trending positively since the end of July, when an unexpected rate hike by the Bank of Japan triggered a broader sell-off in risk assets. This positive funding rate indicates ongoing confidence in the future performance of ETH, despite market volatility.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

On Monday evening, the cryptocurrency market capitalization dropped by 5%, driven by escalating tensions in the Middle East. This geopolitical development disrupted the growth of risk assets, including cryptocurrencies.
Liquidation of Crypto Bets Worth Half a Billion Dollars
Nearly half a billion dollars in #bullish cryptocurrency bets were liquidated as the market came under geopolitical pressure. According to data from CoinGlass, 86% of traders were optimistic about the future of the crypto market in October. However, in the past 24 hours, futures tied to major cryptocurrencies saw liquidations worth over $450 million. The Bitcoin (#BTC☀ ) plunge led to losses among all major tokens, with some dropping as much as 8% in value.
Losses for Bitcoin and Ethereum Traders
Data from CoinGlass also shows that traders betting on Bitcoin’s price increase lost more than $122 million. Bets on Ethereum (#ETH🔥🔥🔥🔥 ) faced losses of nearly $100 million. Smaller cryptocurrencies, known as altcoins, saw liquidations totaling over $85 million, marking the highest levels since July. Interestingly, the memecoin Pepe (#pepe⚡ ) experienced unusually high liquidations of $10 million.
What is Liquidation and How Does It Affect the Market?
Liquidation occurs when an exchange forcibly closes a trader’s leveraged position due to an inability to meet margin requirements. Large liquidations often indicate extremes in the market, such as panic selling or buying. A cascade of liquidations can signal a market turning point, where an overreaction to market sentiment could reverse prices.
Geopolitical Tensions and Bitcoin Price Drop
Global stocks and risk assets, including #bitcoin☀️ , were hit on Tuesday after Iran launched missiles at key Israeli areas. Israel has threatened retaliation, which could escalate tensions in the coming days. BTC dropped to as low as $60,300, marking the worst start to a month that is historically known for its bullish trends. However, by Wednesday, Bitcoin recovered to $61,500 during Asian trading hours.
Significant Losses for Futures Traders
This drop caused substantial losses for futures traders, marking the largest since early August. Data shows that nearly 86% of all futures bets were bullish. Traders were expecting higher prices in the coming weeks, as October has traditionally favored BTC, with only two negative months since 2013.
Traders' Expectations and the $70,000 Bitcoin Target
Market conditions in recent weeks, including global monetary policy and U.S. political support, indicated a continued upward trend. Some traders are targeting a BTC price of $70,000 in the upcoming weeks.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“