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DOGE, XRP Fall to Multi-Week Lows, as Bearish Sentiment Intensifies Dogecoin dropped to a one-month low on Wednesday, as a red wave swept through cryptocurrency markets. Bearish sentiment remained high as the session progressed, with the global market cap falling by nearly 2% today. XRP also plunged in today’s session.

2023 Centralized Crypto Exchange Study Highlights Winds of Change Among Top 10 Platforms In a report by the crypto market aggregation web portal Coingecko, Binance retains its crown in the centralized cryptocurrency exchange arena, but not without facing fierce competition and challenges.

BTC, ETH Hit 1-Week Lows Ahead of FOMC Minutes Bitcoin neared a breakout below $29,000 on Wednesday, ahead of the release of anticipated Federal Open Market Committee (FOMC) minutes. The minutes will show the United States Fed’s reasoning behind its last rate hike, whilst also giving guidance on its future decisions. Ethereum dropped to a one-week low.

Report: Brazilian Court Fines Mastermind of South African Bitcoin Ponzi Scheme A court in Brazil has found Johann Steynberg, the mastermind of the bitcoin ponzi scheme Mirror Trading International (MTI), guilty in a case in which he is accused of using a forged identity document. The court, however, commuted Steynberg’s three-and-a-half-year sentence to a fine of just over $31,000. Both Steynberg’s lawyers and the prosecution team have reportedly appealed the court’s decision.

Singapore Announces Stablecoin Rules, MAS to Label Regulated Tokens The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be labeled as “MAS-regulated” will have to meet certain requirements.

US Congressman Warren Davidson: 'Banning CBDC Is Essential to America’s Fintech Future' U.S. Congressman Warren Davidson has railed against central bank digital currencies (CBDC), stating that enacting a ban on these instruments is “essential” for the future of the fintech industry in America. Davidson explained that many people wrongly conflate cryptocurrencies with CBDC when these are two different concepts.

Cashtokens Upgrade 3 Months Out: BCH Developers Building NFT Creator Studio, Marketplaces, Wallets, and More With the Bitcoin Cash network’s May 15 Cashtokens upgrade now three months behind us, bustling development in non-custodial wallets, marketplaces, non-fungible tokens (NFTs), games, and other applications continues unabated. Paytaca wallet CEO Joemar Taganna notes that “improvements in consensus building” and “new and powerful upgrades to the protocol” showcase several parties “working together to make the peer-to-peer cash revolution happen.”

hello, welcome to this SOL/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Solana (SOL) surged higher on Tuesday, as sentiment in the token has remained largely bullish in recent days. SOL/USD peaked at 25.24 during today’s session, which follows up from a low of 24.35 to start the week. This climb saw solana trade at its highest point since July 29, when the price reached a high of 25.39. The move came as the 10-day (red) moving average crossed over its 25-day (blue) counterpart. Should upward momentum continue to intensify, the next target for traders will likely be around the 26.00 mark. At the time of writing, SOL is trading at 24.82. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/SOLUSDT/oDBtGkHV-SOL-USDT-1DAY-UPDATE-BY-CRYPTO-SANDERS/

hello, welcome to this TON/USD update by CRYPTO SANDERS. CHART ANALYSIS:- Toncoin (TON) was also in the green in today’s session, as the price climbed for a sixth-consecutive session. the rally came as the 10-day and 25-day moving averages neared an upwards cross. One area of concern for bulls is the current reading of the RSI indicator, which is tracking at 66.91. This is the highest area it has reached in the coin’s history, meaning it is greatly overbought, with bears potentially waiting to take advantage of this. Following a low of 1.42 to start the week, TON/USD raced to an intraday peak of 1.49 earlier in the day. As a result of today’s surge in price, toncoin moved to its strongest level since July 23, and closer to a ceiling of 1.50. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/TONUSD/NXi7GDBK-TON-USD-1DAY-UPDATE-BY-CRYPTO-SANDERS/

hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) has remained largely unchanged in the past few days, rising by 0.11% in the past week. ETH/USD bottomed out at 1,837.21 so far during today’s session, which is almost 20.00 lower than Monday’s high. Price has mostly consolidated around a support point of 1,830 in however, the prospect of a moving average crossover is keeping bullish hopes alive. The 10-day (red), and 25-day (blue) moving averages are on the cusp of an upwards crossover, which could likely send prices above 1,900. there will first need to be a breakout above a ceiling on the RSI indicator for this to take place. On this occasion, the resistance point is at 47.00, and the index is currently tracking at 45.23. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your in the comments section. Thank you https://www.tradingview.com/chart/ETHUSDT/FYFgeS6I-ETH-USDT-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Former SEC Official Anticipates Exponential Shifts in Crypto Regulations After Election Day The U.S. Securities and Exchange Commission’s former head of internet enforcement has outlined potential changes in the U.S. and at the SEC that could have positive impacts on the crypto industry, including the approval of spot bitcoin exchange-traded funds (ETFs). The changes could include a Republican president being elected, SEC Chairman Gary Gensler resigning, and “crypto mom” Hester Peirce being appointed as the acting SEC Chair.

hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) has remained largely unchanged in the past few days, rising by 0.11% in the past week. ETH/USD bottomed out at 1,837.21 so far during today’s session, which is almost 20.00 lower than Monday’s high. Price has mostly consolidated around a support point of 1,830 in however, the prospect of a moving average crossover is keeping bullish hopes alive. The 10-day (red), and 25-day (blue) moving averages are on the cusp of an upwards crossover, which could likely send prices above 1,900. there will first need to be a breakout above a ceiling on the RSI indicator for this to take place. On this occasion, the resistance point is at 47.00, and the index is currently tracking at 45.23. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/ETHUSDT/FYFgeS6I-ETH-USDT-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Bank of America Assesses Significance of Paypal's USD Stablecoin and Fednow System Bank of America has provided its analysis of Paypal’s U.S. dollar stablecoin and the Fednow payments system. The bank does not expect the widespread adoption of PYUSD to occur in the near future, noting that the introduction of Paypal’s stablecoin will not lead to “accelerated regulatory clarity.” Nonetheless, Bank of America believes that stablecoins have the potential to provide a more efficient payment solution.

Former FTX Co-CEO Ryan Salame to Plead the Fifth, Declares Himself 'Unavailable as a Witness' U.S. federal prosecutors have unveiled court documents indicating that ex-FTX CEO Sam Bankman-Fried (SBF) is entangled in a web of allegations, with illegal political campaign financing being a significant charge. In light of these allegations against SBF, Ryan Salame, FTX Digital Markets’ former co-CEO, has expressed his intent to plead the Fifth if summoned, thus becoming “unavailable as a witness.”

Russian Ruble Plunges to 16-Month Low vs the US Dollar — Experts Cite Oil Price Cap The Russian currency’s exchange rate versus the U.S. dollar recently dropped below RUB100 per greenback — its lowest in 16 months. Economists attribute the ruble’s latest plunge to the effectiveness of a price cap imposed on Russian oil by Western countries. Russ Mould said a strengthening U.S. dollar could be the reason why the Russian currency has struggled against the greenback in the past few months.

hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) Bitcoin (BTC) was trading in the red for the majority of the day, as price consolidated prior to the release of U.S. retail sales data. After peaking at 29,660.25 to start the week, BTC/USD fell to a low of 29,272.35 earlier in today’s session. Since moving above 30,000 on August 8, the world’s largest cryptocurrency has mostly trended sideways. One reason for a lack of direction appears to be due to the relative strength index (RSI) tracking between a support and resistance of its own. The index is currently at a reading of 47.57 and has mostly moved between a floor at 47.00, and a ceiling at 49.00 in recent days. For bulls, a breakout above the 49.00 zone will also likely be the straw needed to break the camel’s back. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you

Michael Burry Bets $1.6 Billion Against Market: 'Big Short' Investor Takes Bearish Stance on S&P 500 and Nasdaq In filings with securities authorities released on Monday, renowned hedge fund manager Michael Burry, whose exploits were famously captured in the film “The Big Short,” took a bearish stance on the market. Burry’s Scion Asset Management shorted the S&P 500 and Nasdaq 100 for the close of the second quarter, wagering approximately $1.6 billion on an impending stock market collapse.

Stanford School Newspaper Highlights the Irony of Sam Bankman-Fried's Scheduled Stanford Talk on Ethics Amidst Legal Chaos Sam Bankman-Fried (SBF), a once towering figure in the crypto world and former FTX CEO, was curiously slated to share his insights on tech ethics with Stanford students this winter. In a thorough examination penned by Theo Baker for the Stanford Daily, the details of SBF’s multifaceted relationship with one of the globe’s most respected academic institutions are unraveled.

How to Recover Ethereum From Old GETH Wallets - KeychainX Expert Explains Recovering an old GETH client can be a daunting task, but with the right hardware, software and information, it is possible. It involves locating the wallet file and cracking the password, using specialized tools such as those developed by the digital assets recovery experts at KeychainX. Once the password is recovered, the wallet can be decrypted and the private key imported to access the stored ETH.