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Here are the news for you today.
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BITCOIN (BTC)
Current Price: $ 19,246.78 (24h Changes: -1.12 %)
Current Market Cap: $ 368,873,200,599 (24h Changes: -1.07 %)
Positive News
New hashprice-based derivatives instrument gives Bitcoin miners another way to hedge
Source: Cointelegraph
Mon, 10 Oct 2022 15:34:12
Better luck next time? Luxor's OTC Bitcoin mining derivatives could offer miners “a much needed tool to hedge their mining operations.
Grayscale And Foundry Partner To Introduce A Bitcoin Mining Investment Product
Source: Benzinga
Mon, 10 Oct 2022 14:39:28
Bitcoin (CRYPTO: BTC) asset management firm Grayscale announced a new investment product that gives investors exposure to Bitcoin mining equipment. The fund will generate money to purchase Bitcoin ASIC computers, which Foundry Digital will run to mine and trade Bitcoin for investors.
Dominic Frisby gives his take on investing in Bitcoin, gold
Source: CryptoSlate
Mon, 10 Oct 2022 14:13:17
CryptoSlate sat down with Dominic Frisby, the author of Bitcoin: The Future of Money?, to discuss gold, Bitcoin, and geopolitics.
Neutral News
Bitcoin Songsheet: Fiat Money Has Debased Having Children
Source: Bitcoin Magazine
Mon, 10 Oct 2022 13:40:00
The structure of familial support has been replaced with the encouragement of rent seeking and reliance on government.
Bitcoin Mining Difficulty Increases Furthern to New ATH
Source: Coinspeaker
Mon, 10 Oct 2022 13:22:46
Coinspeaker Bitcoin Mining Difficulty Increases Furthern to New ATH
Bitcoin traders expect sharp volatility, here's how to profit from it
Source: Cointelegraph
Mon, 10 Oct 2022 13:05:00
Multiple on-chain and technical analysis metrics suggest the crypto market is in for a sharp price move. Here is a strategy pro traders use to profit from volatility.
Negative News
Bitcoin Facing Dearth Of Institutional Interest Despite Discounted Price
Source: Zycrypto
Mon, 10 Oct 2022 15:08:08
The Bitcoin (BTC) market is witnessing a deficiency of institutional investors' interest of late despite the price slash arising from the drop and several "buy the dip" narratives pumped into the scene.
Bitcoin Mining Difficulty Sees Massive Spike. These Are Key Reasons Why
Source:
Mon, 10 Oct 2022 15:04:00
Bitcoin's mining difficulty has experienced its biggest increase of the year, putting more pressure on miners
Bitcoin Mining Difficulty Hits New ATH Jumping Over 13.5%
Source: Bitcoinist
Mon, 10 Oct 2022 15:00:42
Data shows the Bitcoin mining difficulty has set a new all-time high after observing a 13.5% jump during the latest adjustment. Bitcoin Mining Difficulty Sees Highest Single Increase Since May 2021 According to data from BTC.com, the BTC mining difficulty now has a value of 35.61T after the adjustment today, marking a new ATH.
ETHEREUM (ETH)
Current Price: $ 1,308.75 (24h Changes: -0.74 %)
Current Market Cap: $ 158,207,760,582 (24h Changes: -0.79 %)
Positive News
Ethereum Holds Above $1,300 And Continues Its Consolidation
Source:
Mon, 10 Oct 2022 15:22:00
The price of Ethereum (ETH) has fallen below the 21-day line SMA as the largest altcoin retargets current support.
Source: The Daily Hodl
Mon, 10 Oct 2022 14:05:11
Hedge fund billionaire Paul Tudor Jones says the price of Bitcoin (BTC) and Ethereum (ETH) will eventually rise from their current bear market ranges. In a new interview, the Tudor Investment Corporation founder tells CNBC that he believes the US has likely already entered a recession or is about to enter one.
It's Over 9000: ETH's Supply Change Since The Merge
Source: CryptoPotato
Mon, 10 Oct 2022 14:03:21
Ethereum's supply since the Merge has increased by about 9,700 ETH - an insignificant change compared to what it would have been with PoW.
Neutral News
Ethereum's Supply Reduces by 3,000 ETH
Source: Trustnodes
Mon, 10 Oct 2022 11:59:23
Ethereum's total supply has fallen by 3,000 eth, its biggest drop since the Merge upgrade on September 15th.
Interest in XEN Crypto makes Ethereum deflationary
Source: CryptoSlate
Mon, 10 Oct 2022 10:37:17
XEN Crypto, a new project on Ethereum, is responsible for over 40% of ETH burns and has made the network's issuance deflationary for consecutive days, according to ultrasound.money data. The post Interest in XEN Crypto makes Ethereum deflationary appeared first on CryptoSlate.
Bitcoin Price and Ethereum Forecast – Can BTC Hit $30.000 This Month?
Source: Cryptonews
Mon, 10 Oct 2022 09:02:00
The cryptocurrency market was slightly bearish during the early European session, with the global crypto market cap falling from $944 billion to $936 billion. Bitcoin, the leading cryptocurrency, is still trading near $19,349.19, down 0.88% so far. Similarly, Ethereum is trading sideways, with a price range of $1,325 to $1,298.
Negative News
European Authorities Want To Monitor Ethereum (ETH) Network Using New Automated System
Source: The Daily Hodl
Mon, 10 Oct 2022 15:55:09
The European Commission is interested in using an automated system to monitor and track the Ethereum (ETH) network. According to a new Tenders electronics daily (TED) service notice, the EU commission is launching a proposal to study decentralized finance (DeFi) monitoring through “embedded supervision.
Bitcoin and Ether Fall Slightly as Macro Clouds Loom Over Market
Source:
Mon, 10 Oct 2022 14:23:37
The market downturn is likely influenced by some de-risking ahead of Thursday's release of Consumer Price Index inflation, one crypto analyst says.
EU Commission to Study Real-Time Monitoring of DeFi Activity on Ethereum
Source:
Mon, 10 Oct 2022 13:45:58
The executive arm of the European Union wants to study Ethereum data.
BINANCE (BNB)
Current Price: $ 274.93 (24h Changes: -1.12 %)
Current Market Cap: $ 44,866,975,024 (24h Changes: -1.07 %)
Positive News
Binance Smart Chain Reduces BNB Hack Damage by 80%, Oryen Network Shows Strength
Source: BeInCrypto
Mon, 10 Oct 2022 15:00:00
Hacks and exploits are sad but a regular occurrence in the crypto industry. The attackers usually exploit bugs and vulnerabilities in innovative code, draining funds and then vanishing into nirvana.
TOP 5 Cryptocurrencies To Watch This Week – BNB,BTC,ETH,MATIC,MKR
Source:
Mon, 10 Oct 2022 11:43:28
The crypto market saw prices move from key support across all boards, with the crypto marketcap finding some relief recently as it aims to reclaim its resistance of $1.2 trillion. This has led to market sentiments returning bullish, with many crypto assets rallying from the key support and producing double-digit gains.
BNB Chain to boost European Web3 startups with DApp incubator program
Source: Cointelegraph
Mon, 10 Oct 2022 10:00:00
The incubator program focuses on EU-based startups building the next generation of Web3 consumer experiences with an emphasis on accessibility and scalability.
Neutral News
BNB Chain Back Online Following $568 Million Exploit
Source: Cryptonews
Mon, 10 Oct 2022 09:29:00
BNB Chain, the native blockchain behind the BINANCE crypto exchange, has come back online after being suspended due to an exploit that drained around $600 million in crypto assets.
Negative News
Binance Exec: BNB Smart Chain Hack Could Have Been Worse if Validators Hadn't ‘Sprung Into Action'
Source:
Mon, 10 Oct 2022 12:49:21
Patrick Hillmann, chief communications officer at crypto exchange Binance, joined “First Mover” to discuss last week's $100 million exploit and how validators prevented the worst-case scenario.
Binance Coin in a downward trend
Source: The Cryptonomist
Mon, 10 Oct 2022 09:40:50
The decline began in late August, but paradoxically BNB is performing better than Bitcoin and Ethereum
Market Weekly: BNB Chain Hack, Mt.Gox Repayment, and Regulatory Tension
Source: Blockonomi
Mon, 10 Oct 2022 04:27:28
The crypto market woke up last week to a series of gloomy news. Rumors swirled this morning that someone managed to hack into the BNB chain and stole away 2 million BNB worth more than $580 million.
CARDANO (ADA)
Current Price: $ 0.41 (24h Changes: -1.92 %)
Current Market Cap: $ 14,020,761,967 (24h Changes: -1.97 %)
Positive News
Wafini, A Cardano DAO Powered Project Releases Marketplace Demo As Token Seed Sale Rages On
Source: CryptoNewsFlash
Mon, 10 Oct 2022 09:57:00
$WFI token holders will be an integral part of the Wafini DAO, making governance proposals and also be able to earn rewards from the marketplace transaction fees when launched.
Over 100 New Smart Contracts Added to Cardano Two Weeks After the Vasil Hard Fork
Source: Dailycoin
Mon, 10 Oct 2022 08:35:48
The effects of the Vasil hard fork with the update promising to improve Cardano's scalability is beginning to show.
Uniglo.io (GLO) Could Outperform Solana (SOL) And Cardano (ADA) In The Next Bull Run
Source: CoinPedia
Mon, 10 Oct 2022 06:23:42
While your portfolio might have suffered slightly in the current bear market, many experts believe we could be gearing up for the next big bull move. This mindset should introduce a ton of new confidence into crypto and see specific tokens surge.
Neutral News
Here's How Cardano Can Become Part of Digital Online Identity in Future
Source:
Mon, 10 Oct 2022 06:26:00
Decentralized projects and solutions already work on becoming part of futuristic industry of digital identity authorization
Cardano Fans Debate the Possibility of $ADA Hitting $10
Source: CryptoGlobe
Mon, 10 Oct 2022 06:06:24
Last week, the owner and operator of Shamrock Cardano Staking Pool, asked the Cardano community on Twitter if they believed that the $ADA price could one day hit $10.
Cardano (ADA) Price Prediction: New Yearly Lows Underway After Bearish Breakout
Source: BeInCrypto
Mon, 10 Oct 2022 05:00:00
Cardano (ADA) breaks down with the wave count suggesting further downward movement will continue leading to a new yearly low. The post Cardano (ADA) Price Prediction: New Yearly Lows Underway After Bearish Breakout appeared first on BeInCrypto.
Negative News
Source: The Daily Hodl
Mon, 10 Oct 2022 14:45:06
Legendary trader Peter Brandt says that Cardano (ADA) is forming a technical pattern that suggests a big downside price movement for the Ethereum (ETH) rival. Brandt tells his 676,000 Twitter followers that Cardano is trading within a descending triangle pattern and forecasts a potential 42% drop in the price of ADA.
Cryptocurrency Market News Live Updates Oct 10th: Layer 1 Coins On Red Flag
Source:
Mon, 10 Oct 2022 12:57:58
Cryptocurrency Market News Live Updates Latest News: the Federal Open Market Committee will release its September meeting minutes for U.S. inflation data on Thursday. However, in fear of a higher interest hike in November, the majority of major cryptocurrencies are losing more ground.
Cardano price analysis: Bearish momentum degrades ADA price to $0.416
Source: Cryptopolitan
Mon, 10 Oct 2022 12:29:50
Cardano price analysis shows that the market sentiment is bearish, and the price may continue to fall. The strongest resistance for ADA/USD is present at $0.4263 and support is at $0.4138.
RIPPLE (XRP)
Current Price: $ 0.52 (24h Changes: -2.9 %)
Current Market Cap: $ 26,024,431,427 (24h Changes: -2.67 %)
Positive News
XRP Price Hits Target Of $0.5, But Can It Break This Key Resistance?
Source:
Mon, 10 Oct 2022 15:45:40
The XRP price has been swimming against the tide and continues to show strength against larger cryptocurrencies, such as Bitcoin and Ethereum. A potential settlement between the U.S. Securities and Exchange Commission (SEC) and Ripple might continue to prompt this cryptocurrency to the upside.
How ISO 20022 Will Take Ripple to the Next Level
Source: Investorplace
Mon, 10 Oct 2022 13:15:34
The ISO 20022 banking language can clean up cross-border payments. Ripple is betting on its success to strengthen the XRP crypto.
Ripple will be the basic layer for these CBDCs and stablecoins – Will it drive XRP price?
Source: CryptoNewsFlash
Mon, 10 Oct 2022 12:24:05
Veteran crypto expert @WKahneman provides new insights into the progress of the top XRPL-based stablecoins, including one CBDC.
Neutral News
Ripple Still Hiring amid Bear Market
Source: Coinspeaker
Mon, 10 Oct 2022 07:46:55
Coinspeaker Ripple Still Hiring amid Bear Market
Top Analyst Lays Out Targets For Altcoins Like XRP, LINK and SOL
Source: CoinPedia
Mon, 10 Oct 2022 07:08:44
The crypto market continues to face harsh times. Since May, Bitcoin and altcoins appear to be on a rollercoaster ride, and market participants have experienced no relief from the pressure. However, amidst such volatility, the global crypto market cap is up by 0.64% over the last 24hrs.
XRP Price Prediction – Can XRP Hit $4 By 2023?
Source: Cryptonews
Mon, 10 Oct 2022 07:05:00
XRP continued its bullish trend over the weekend - although suffered a sharp sell-off on Monday before finding support.
Negative News
Cardano Creator Charles Hoskinson Weighs In on Ripple Lawsuit, Calls Case Against XRP Absurd
Source: The Daily Hodl
Mon, 10 Oct 2022 07:45:00
Cardano (ADA) co-creator Charles Hoskinson says that the U.S. Securities and Exchange Commission's (SEC) lawsuit against Ripple Labs is absurd. The SEC sued Ripple Labs in late 2020 under allegations that the firm issued XRP as an unregistered security.
Ripple Vs SEC: Here's Why Ripple's Chance Of Winning the Lawsuit is Reduced
Source: CoinPedia
Mon, 10 Oct 2022 04:13:03
Charles Hoskinson, the founder of Cardano, recently stated on Twitter that Ripple's prospects of succeeding in its legal battle with the SEC may be decreased by making unfounded accusations of corruption against the agency.
The founder of Cardano Clarifies his position in the SEC vs Ripple dispute
Source: Coinnounce
Mon, 10 Oct 2022 03:38:38
Charles Hoskinson, the inventor of Cardano, clarifies his position in the SEC vs. Ripple controversy when the XRP community discovers previous statements he made criticizing Ripple and XRP.
SOLANA (SOL)
Current Price: $ 32.49 (24h Changes: -1.2 %)
Current Market Cap: $ 11,608,191,445 (24h Changes: -1.27 %)
Positive News
Solana Strides Ahead of its Peers in Energy Preservation — Report
Source: Zycrypto
Mon, 10 Oct 2022 09:54:53
The third report by Murphy on Solana's network energy usage reveals the following key takeaways;
XRP before breakout, Chainlink and Solana to explode in the coming days – Analysts take
Source: CryptoNewsFlash
Mon, 10 Oct 2022 06:35:14
Ripple's XRP has been decoupling from the rest of the crypto market with strong network activity.
Uniglo.io (GLO) Could Outperform Solana (SOL) And Cardano (ADA) In The Next Bull Run
Source: CoinPedia
Mon, 10 Oct 2022 06:23:42
While your portfolio might have suffered slightly in the current bear market, many experts believe we could be gearing up for the next big bull move. This mindset should introduce a ton of new confidence into crypto and see specific tokens surge.
Neutral News
Blue-Chip Solana NFT Project DeGods Has Opted for 0% Royalties. But Is This the Best Way Forward?
Source:
Mon, 10 Oct 2022 08:41:50
Royalties have been the lifeblood supporting NFT creators to build and thrive in the world of Web3. But with top Solana NFT project DeGods leading the way to remove royalties, what consequences will it bring to the NFT ecosystem?
Can Solana's latest move on the NFT front break SOL's ongoing slumber
Source: AMBCrypto
Mon, 10 Oct 2022 07:30:13
Solana [SOL], as of 9 October, announced a new experiment that the ecosystem planned on undertaking. Blue chip SOL NFTs, such as DeGOD's and y00t's would undergo a change where royalties would be eliminated.
Top Analyst Lays Out Targets For Altcoins Like XRP, LINK and SOL
Source: CoinPedia
Mon, 10 Oct 2022 07:08:44
The crypto market continues to face harsh times. Since May, Bitcoin and altcoins appear to be on a rollercoaster ride, and market participants have experienced no relief from the pressure. However, amidst such volatility, the global crypto market cap is up by 0.64% over the last 24hrs.
Negative News
Cryptocurrency Market News Live Updates Oct 10th: Layer 1 Coins On Red Flag
Source:
Mon, 10 Oct 2022 12:57:58
Cryptocurrency Market News Live Updates Latest News: the Federal Open Market Committee will release its September meeting minutes for U.S. inflation data on Thursday. However, in fear of a higher interest hike in November, the majority of major cryptocurrencies are losing more ground.
Solana Shines In Trending Searches In Last 7 Days – But SOL Price A Different Story
Source:
Mon, 10 Oct 2022 10:00:16
Solana is not lacking in positive news for its investors and crypto holders as it tries to bounce back from its lackluster performance last month. Solana is currently experiencing supply inflation SOL came 2nd next to AXL in 7-day trending searches The crypto is down by 6.3% over the last 30 days It was announced recently that the Tulip Protocol with WalletConnect was successfully integrated to the Solana network.
AVALANCHE (AVAX)
Current Price: $ 16.59 (24h Changes: -2.19 %)
Current Market Cap: $ 4,908,778,335 (24h Changes: -2.19 %)
Positive News
Avalanche's developments may poke AVAX bulls, but will they step out to play
Source: AMBCrypto
Mon, 10 Oct 2022 03:30:24
Avalanche [AVAX], on 9 October, confirmed that it will host Crypto Royale in mid-October. A timely announcement considering that AVAX has been struggling to bounce off its short-term support.
Negative News
Cryptocurrency Market News Live Updates Oct 10th: Layer 1 Coins On Red Flag
Source:
Mon, 10 Oct 2022 12:57:58
Cryptocurrency Market News Live Updates Latest News: the Federal Open Market Committee will release its September meeting minutes for U.S. inflation data on Thursday. However, in fear of a higher interest hike in November, the majority of major cryptocurrencies are losing more ground.
Avalanche price analysis: Avalanche Price drops to $16.71 as bears react
Source: Cryptopolitan
Mon, 10 Oct 2022 06:51:17
Avalanche price analysis indicates that the AVAX/USD pair is currently trading at $16.71 and is maintaining a bearish trend. The bears are currently in control of the market and are likely to push the price down to $16.59 in the near term if the current trend continues.
