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- 🚨 Ethereum at $10K: Is Vitalik Buterin's Potential Nobel Prize the Key?
🚨 Ethereum at $10K: Is Vitalik Buterin's Potential Nobel Prize the Key?
CoinGape Media
October 10, 2024
News
Ripple has launched a crypto custody solution with features integrated into the XRP Ledger platform offering secure digital assets storage.
Ripple, the San Francisco-based blockchain startup has recently launched its crypto custody solution for several banks and fintech players to store digital assets on behalf of their clients. This development comes as the Federal Reserve has been cracking down on several traditional banks offering custodial services to crypto firms.
Mt. Gox extends the repayment deadline to October next year, sparking market optimism and aiming to ensure creditors receive compensation without any hurdles.
In a recent announcement, Mt. Gox said that it had received court approval for a delay in its repayment plans, sparking market optimism. Notably, the firm’s compensation has so far weighed on the investors’ sentiment over a potential selloff in the market. This selloff concern has also weighed on the investors’ sentiment, as evidenced by the decline in Bitcoin and other altcoins earlier this year.
Economist Tyler Cowen has nominated Ethereum co-founder Vitalik Buterin for the Nobel Prize in Economics. Could this drive Ethereum price to $10,000?
Ethereum price today is hovering around $2,388 after decreasing by nearly 7% since the October 7 swing high. This downtrend aligns with Bitcoin’s 2% drop in the last 24 hours. Although Ethereum (ETH) ended its lackluster performance last week with a 9% rally, the short-term outlook remains questionable. The mid-to-longer-term forecast, however, remains unchanged as crypto markets burn through the first months of the fourth quarter and on the backdrop of Vitalik Buterin being nominated for the Nobel Prize. Will the ETH price reach $10,000?
Markets
The crypto prices today ride a bearish wave as BTC, ETH, SOL, and XRP slip amid rising concerns of selloffs related to PlusToken scam.
The crypto prices on Thursday sparked a bearish sentiment among market watchers globally. Bitcoin (BTC) price slipped back to the $60K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the red territory. This waning movement aligns with massive selloffs looming in the wake of the PlusToken scam.
Discover the top 3 altcoins to sell in Uptober 2024 as market conditions shift. Learn why they are showing signs of potential decline.
The crypto market is in the red today after a 3.2% sell-off. This price action is against investors’ hopes of a bullish October, dubbed “Uptober” by the crypto folks. With Bitcoin (BTC) looking ready to extend its losses, here are three altcoins to sell in Uptober ahead of the election results on November 5.
The latest US CPI data showed that the inflation has came in at 2.4% in September, exceeding market expectations and sparking concerns over Bitcoin price dip to $60K.
The latest US Consumer Price Index (CPI) data showed that the inflation stayed at 0.2% in September, up from what the market was expecting. Notably, the higher-than-anticipated inflation level has fueled market concerns, which is likely to send Bitcoin price below $60K soon. Besides, this development, after the gloomy US Job data, has cemented bets over a potential hawkish stance by the Federal Reserve at their upcoming meeting.