#BEINCRYPTO News

What’s The Next Move After Solana (SOL) Price Clears 600-Day Resistance?
beincrypto.com price has increased slightly over the past three weeks, validating the $18 horizontal area as support. The price of Solana also trades inside a long-term horizontal range…

European Central Bank Explores AI for Automating Tasks Amid Transparency Concerns
beincrypto.com The European Central Bank (ECB) is experimenting with how to automate mundane tasks using off-the-shelf artificial intelligence (AI) products. Its “infinity team” is…

Price Has Fallen by 50% Since February
beincrypto.com price has been in a bearish trend for most of the year. In September, the price decreased from the $4.30 horizontal support area. The $4.30 area is now expected to provide…

Popular Analysts Give Their Bitcoin (BTC) Forecast for 2025
beincrypto.com halving event approaches, investors are becoming increasingly bullish about price action. But what are their Bitcoin forecasts for 2025? Thanks to Bitcoin halvings, the…

Price Reaches Make-or-Break Level
beincrypto.com price has increased slightly since September 11. It is attempting to break out from a long-term descending resistance trendline. The resistance trendline has been in place…

Could Shiba Memu 10X When It Hits Bitmart? Investors Swarm to Back This New Meme Coin
beincrypto.com Shiba Memu is shaping up to be a game-changer in the crypto landscape thanks to the trailblazing AI capability that helps the coin promote itself. The recent announcement…

Supply on Exchanges Nears Yearly Low
beincrypto.com Bitcoin’s (BTC) price has failed to reclaim the $28,000 in September so far, despite big guns like Microstrategy consolidating their positions with large purchases. On-chain…

Justin Sun Addresses HTX Customers After $8M Hack: ‘User Assets Are Sacred’
beincrypto.com In a recent live broadcast, HTX exchange’s Justin Sun addressed the community following an $8 million hack. The talk, titled ‘Talk to Justin Sun about Crypto Safety Issues,’…

Beware! The Memeinator Rips Up Feeble Meme Coins: Crucial Crypto News for 2023 Markets
beincrypto.com Meme coins are hot crypto news now, with markets aflame with several new coins launching to take advantage of the current interest in meme coins. This year, Pepe Coin’s…

Bitcoin Miner Selling Pressure Mounts as Hash Rate Peaks
beincrypto.com Bitcoin miners are coming under increasing pressure to offload some of their BTC, which could put more downward pressure on prices. The move comes amid soaring hash rates…

Coinbase CEO Brian Armstrong Forsees Bitter Crypto Regulation Battle in Supreme Court
beincrypto.com In a bid to safeguard the future of the crypto industry, Coinbase CEO Brian Armstrong is leading a significant push for regulatory clarity in Washington. This effort, dubbed…

Xsolla Announces Acquisition of Acceleratxr, a Multi-Player Platform for Games
beincrypto.com Xsolla, a global video game commerce company, announces its strategic acquisition of AcceleratXR, a provider of in-game server backend technology designed for live service…

Gemini Withdrew ‘Hundreds of Millions’ Before Genesis Collapse: Report
beincrypto.com Cryptocurrency exchange Gemini reportedly withdrew “hundreds of millions of dollars” from the now-bankrupt crypto lender Genesis several months before the entity declared…

Real-World Asset (RWA) Market Encounters First Distressed Debt Scenario
beincrypto.com The tokenization of real-world assets (RWA) has been one of the hottest crypto narratives in 2023. However, the emerging sector is not immune to distressed debt situations,…

Binance CEO CZ: Selfies Do Not Mean We’re Friends
beincrypto.com Binance CEO Changpeng “CZ” Zhao has warned that taking a photo with him doesn’t make someone a close friend or insider at the crypto exchange. “I have probably taken selfies…

Meta Launches ChatGPT AI Competitor on Instagram and Messaging Services
beincrypto.com Meta, the firm formerly known as Facebook, has launched a new conversational AI assistant called Meta AI. The ChatGPT rival allows users to search and get information across…

SEC Defers Approval Decision for ARK 21Shares and VanEck Ethereum ETFs
beincrypto.com The United States Securities and Exchange Commission (SEC) has pushed back announcing a decision on the approval of spot Ethereum exchange-traded funds (ETF) products. This…

Do Kwon’s Legal Team Objects to SEC Deposition Request
beincrypto.com The legal team of Terraform Labs’ former CEO Do Kwon declares that the United States Securities and Exchange Commission (SEC) demands for his deposition are unrealistic.…

Kraken Plans to Offer Trading of US and UK Stocks
beincrypto.com Crypto exchange Kraken plans to diversify its assets with a bold venture into stock offerings. A new division of the firm, Kraken Securities, will offer trading of stocks…

Sam Bankman-Fried Media Bonanza Grows as Trial Looms
beincrypto.com With FTX founder Sam Bankman-Fried’s trial set to begin on October 3, every aspect of his life has become the subject of pervasive media scrutiny. His upbringing, schooling,…

SEC Chair Gensler Claims Mandate to Regulate Crypto Without Mentioning Ripple Ruling
beincrypto.com Securities and Exchange Commission (SEC) Chair Gary Gensler testified on Wednesday before the House Financial Services Committee, fiercely upholding his agency’s role as a…

What Happens When Bitcoin Miners Mine an Invalid Block?
beincrypto.com Multiple nodes verify the transactions in the Bitcoin network. Hence, while Marathon Digital mined an invalid block, other nodes rejected it. Bitcoin network runs through…

Hong Kong Security Chief Vows to Find JPEX Leader
beincrypto.com Hong Kong’s security minister, Chris Tang Ping-keung, has vowed to apprehend the leader of fraud crimes at crypto exchange JPEX. Police confirmed they were seeking…

Plena Crypto Super App: Leading the Way With Account Abstraction, Backed by Dao Maker
beincrypto.com Plena Crypto Super App: Leading the Way With Account Abstraction, Backed by Dao Maker It makes storing, managing, and investing in crypto assets super easy for users. What’s…

ASIC Fines Marketer of Crypto Investment Fund Amid Escalating Crackdown
beincrypto.com The Australian Securities and Investments Commission (ASIC) expects cryptocurrency marketing campaigns to say what they mean and mean what they say. The regulator has come…

Brace for Destruction as Memeinator’s Rivals Smashed as One of the Most Potential Cryptocurrency
beincrypto.com The terminator-inspired meme coin has lasers in its eyes and was forged during the depths of the bear market to deliver a next-generation user experience for meme coin…

Mixin Network Offers $20 Million Bug Bounty to Hackers
beincrypto.com Mixin Network, a blockchain protocol that became a victim of a $200 million exploit, has offered the hacker 10% of the amount as a bug bounty. Although many crypto protocols…

Price Approaches Yearly High
beincrypto.com has traded in a range between $1.45 and $1.05 since the beginning of August. More recently, the price reached the top of the range on September 18 but faced rejection. The…

This Government Wants to Run Whole City on Blockchain
beincrypto.com The government of the city of Shanghai wants to research new technologies to move the city’s infrastructure to the blockchain. Research initiatives will involve multichain…

Price Prediction: How the $5.70 Area Can Shape Its Future Path
beincrypto.com price broke down from the $5.70 horizontal area in the middle of August. While it made an attempt at reclaiming it on September 25, it was unsuccessful at doing so. The…

Reclaims $50 for the First Time Since 2021
beincrypto.com has been one of the best-performing cryptocurrencies since September. The price has increased by 235% so far, culminating with a new yearly high of $53 on September 27.…

BIS Head Urges Cooperation in Creating Interoperable CBDC Ruleset Between Nations
beincrypto.com The Bank for International Settlements’ (BIS) Chief, Augustin Carstens, has recently emphasized the urgent need for nations to collaborate on crafting an interoperable set…

Attracts $4 Million Whale Demand
beincrypto.com price currently sits at $0.21, down 20% from its monthly high of $0.27 recorded on September 3. On-chain data examines how the increased whale demand coinciding with NVIDIA…

These Altcoins Will Not Survive Crypto Bear Market, Says Analyst
beincrypto.com Renowned analyst Benjamin Cowen argues that many altcoins may not survive the year-long crypto winter. In a new YouTube video, Cowen forecasts that altcoins will plateau.…

Decrypt Introduces the 1000x Loyalty Program and Destination for Financial Entertainment
beincrypto.com Publisher on the vanguard of emerging tech, web3, crypto, and more expands editorial coverage with the launch of Degen Alley, home of 1000x, and “This Time Will Be…

MoneyGram Will Soon Let Customers Swap Fiat and USDC Stablecoins Via New Crypto Wallet
beincrypto.com MoneyGram, a global payments platform, is set to launch a non-custodial wallet, enabling users to seamlessly swap between fiat currency and USDC, a stablecoin tied to the US…

buzzlightning
beincrypto.com Navigating the realms of art, technology, and human experience, Uwe Dresemann, better known in the crypto art scene as buzzlightning, offers an intriguing interplay between…

US Stock Market Downtrend Confirmed: Will Crypto Markets Follow in a Red October?
beincrypto.com The bears are gaining strength for both crypto and stock markets, as the major US indexes now confirming downtrends. Furthermore, October is usually a red month for markets,…

Price Moves Above $1,400
beincrypto.com has been one of the top-performing cryptocurrencies in the market this year. It reached a new yearly high of $1,450 on September 26. The upward movement also caused a…

Binance Exits Russian Market, Sells Subsidiary to CommEX
beincrypto.com The world’s largest crypto exchange, Binance, has announced it is exiting the Russian market. According to PR Newswire, Binance has withdrawn its services from Russia and…

Deepcoin: Transforming the Landscape of Crypto Derivatives Trading with Indicator Orders and Drawing Orders
beincrypto.com Traders are constantly on the lookout for platforms that can simplify the trading process, offer powerful tools, and promise secure transactions. Meet Deepcoin, the…

Why Is the Crypto Market Down Today?
beincrypto.com The crypto market cap (TOTALCAP) broke out from a descending resistance trendline, while the Bitcoin (BTC) price still struggles to do so. ImmutableX (IMX) is approaching…

Kraken Scores Money Institution and VASP Licenses in Ireland and Spain Amid EU Push
beincrypto.com The Kraken cryptocurrency exchange has made significant strides in expanding its European Union (EU) footprint. The company recently secured authorization from the Central…

Ripple Appoints Former White House Official To Secure Position in ‘Conversation’
beincrypto.com Ripple Labs has reportedly appointed a former United States White House Official as its new head of policy and government. This comes amid Ripple executives criticizing the…

CryptoBirb: End of September Is the Best Time to Buy Bitcoin
beincrypto.com Many investors complained about the weak price action of Bitcoin (BTC) in September. Many others had already exited the market before the summer break, following the slogan:…

Stablecoin Issuers Compete With Money Market Funds For T-Bills
beincrypto.com Stablecoins, or dollar-pegged assets, are now being recognized and included by major financial institutions. Moreover, they are competing for short-term assets such as…

Bitcoin Ordinals Boosting Miner Revenue, But Halving Will Hurt
beincrypto.com Bitcoin ordinals and inscriptions have been a significant buyer of block space this year. Moreover, they have made a positive impact on miner revenue due to increased…

$100M AirBit Club Crypto Ponzi Ringleader Sentenced to 12 Years Behind Bars
beincrypto.com Pablo Renato Rodriguez, a co-founder of AirBit Club, has been sentenced to a 12-year prison term. Rodriguez was a key player in a global crypto pyramid scheme that defrauded…

Gary Gensler Raises Concerns Over Financial Advisors Using AI
beincrypto.com SEC Chair Gary Gensler has highlighted the potential risk of financial advisors placing their own interests above those of clients due to artificial intelligence (AI).…

Bankrupt Crypto Lender BlockFi Set To Begin Repaying Customers
beincrypto.com Bankrupt crypto lending platform BlockFi has received approval to commence the repayment process for its customers as part of a liquidation plan. This approval follows the…

UAE Government's Pro-Innovation Stance Spurs Crypto Boom, Report Says
beincrypto.com The United Arab Emirates (UAE) has clearly emerged as one of the world’s leading crypto hubs, thanks to its innovation-friendly regulations and its knack for luring…

SEC Postpones ARK 21Shares Bitcoin ETF Decision Until 2024
beincrypto.com The United States Securities and Exchange Commission (SEC) has declared a delay of its decision on a Bitcoin exchange-traded fund (ETF) until the new year, extending to the…

Portland Police Issue Warning as Crypto Scammers Target Maine Residents
beincrypto.com Maine is a new battleground in the war against crypto scammers, and Portland police have issued a warning about the tactics that many fraudsters are putting to use. While…

France’s Iliad Group Announces Strategic Investment Into AI Industry
beincrypto.com France’s Iliad Group has announced its artificial intelligence (AI) ambitions and a €100 million ($105 million) investment to build a lab for AI research. The AI industry…

Holders Deposit 1.7 Million Tokens to Exchanges
beincrypto.com Uniswap’s (UNI) September price recovery attempts appear to have hit a major obstacle around the $4.30 territory. On-chain analysis provides a data-driven Uniswap price…

BlackRock Voted ‘Best Asset Manager’ Amid Disappointing Stock Performance
beincrypto.com BlackRock, the world’s largest asset manager, has won the top ratings in a Reserve Benchmarks 2023 survey, even as the firm’s stock performance has undergone a sharp drop.…

The Top Three Alternatives to Bitcoin in 2023: Ethereum (ETH), Tradecurve Markets (TCRV), PancakeSwap (CAKE)
beincrypto.com remains the undisputed king of cryptocurrencies, the crypto market is brimming with exciting alternatives. This article will explore three of the top alternatives to Bitcoin…

One of UK’s Biggest Banks Bans Crypto Payments
beincrypto.com JPMorgan’s Chase UK bank will prohibit crypto payments from Oct. 16 amid a growing wave of scams targeting UK consumers. The company will prevent British customers from…

Hodlers: 96% Now Committed for the Long Haul
beincrypto.com price reclaimed $215 on Tuesday as Long-term investors intensified their buying activity. On-chain analysis examines how long-term holder wallets controlling the lion’s…