On Lex Fridman’s podcast, Pavel Durov explained why Telegram gifts are “socially relevant NFTs”

Here’s why Pepe Coin price may miss the Uptober rally

NegativeCryptocurrency

Pepe Coin is currently facing significant challenges, as it remains entrenched in a bear market. Recent on-chain data and weak technical indicators suggest that the price may continue to decline in the upcoming weeks or months. As of October 2, the token was trading at a mere $0.000010, raising concerns among investors about its future performance. This situation is important because it highlights the volatility and risks associated with cryptocurrency investments, particularly for those considering entering the market during the traditionally bullish month of October.

Buterin partners with HashKey’s Xiao Feng on Ethereum Applications Guild

PositiveCryptocurrency

Vitalik Buterin and Xiao Feng have teamed up to launch the Ethereum Applications Guild, building on a three-year experiment by Shanhaiwoo. This initiative aims to foster collaboration and innovation in the Ethereum ecosystem, pushing it closer to realizing its potential in application development. This partnership is significant as it highlights the ongoing commitment to enhance Ethereum's usability and drive its adoption in various sectors.

Tokenized stock market dominated by only two players, study reveals

Crypto News2 hours ago

NeutralCryptocurrency

A recent study highlights the rapid expansion of the tokenized stock market, revealing that nearly all trading activity is concentrated in just two players: Backed and Ondo Global Markets. These platforms are leading the way in trading popular U.S. tech shares and ETFs, although most offerings remain synthetic. However, there is a growing interest in platforms that explore true ownership, indicating a potential shift in how stocks could be traded in the future.

Tokenized US Stocks & ETFs Coming To Telegram Wallet Via Kraken & BackedFi

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NewsBTC10 hours ago

PositiveCryptocurrency

Telegram is making waves in the finance world by partnering with Kraken and BackedFi to offer tokenized US stocks and ETFs directly in its wallet. This move not only enhances the accessibility of traditional equities for crypto users but also signifies a growing trend of integrating conventional finance with digital assets. As more people turn to crypto, this feature could attract a broader audience to both Telegram and the world of tokenized investments.

Wallet in Telegram to add support for tokenized U.S. stocks this October

via NewsBTC

Crypto Newsa day ago

PositiveCryptocurrency

Wallet in Telegram is making waves by introducing support for tokenized U.S. stocks this October, allowing users to trade xStocks directly through the app. This partnership with crypto exchange Kraken and tokenized assets platform Backed is significant as it enhances the accessibility of stock trading for Telegram's vast user base, potentially attracting more investors into the crypto space.

Bitcoin Will Go To $1 Million, Telegram Founder Durov Predicts

NewsBTCa day ago

PositiveCryptocurrency

Pavel Durov, the founder of Telegram, recently shared his optimistic prediction about Bitcoin on the Lex Fridman Podcast, stating that he believes it will eventually reach a value of $1 million. This bold forecast highlights Durov's long-standing confidence in Bitcoin, stemming from its early days. His insights are significant as they reflect a growing belief among influential figures in the tech and finance sectors about the future of cryptocurrency, potentially encouraging more investors to consider Bitcoin as a viable long-term asset.

I funded my lifestyle from Bitcoin, not Telegram: Pavel Durov

via NewsBTC

Cointelegraph2 days ago

PositiveCryptocurrency

Pavel Durov, the CEO of Telegram, recently shared that his substantial investment in Bitcoin back in 2013 has been a key factor in supporting his lifestyle. He purchased thousands of Bitcoins when they were priced at $700 each, and this decision has proven to be financially beneficial for him. This revelation highlights the potential of cryptocurrency investments and how they can significantly impact personal finances, especially for tech entrepreneurs like Durov.

via Cointelegraph

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Here’s why Pepe Coin price may miss the Uptober rally

NegativeCryptocurrency

Pundit’s ‘Outrageous’ $170,000 Target For XRP Price Draws Attention, Says Don’t Use ‘Old World’ Math

NewsBTCan hour ago

NeutralCryptocurrency

A recent prediction by a crypto analyst has stirred up discussions in the cryptocurrency community, suggesting that XRP could reach an astonishing $170,000 per token. This forecast not only implies that XRP might outpace Ethereum but could also challenge Bitcoin's all-time high. The analyst dismisses traditional valuation methods, claiming they are outdated and fail to capture the true potential of cryptocurrencies. This bold prediction highlights the ongoing volatility and speculative nature of the crypto market, prompting both excitement and skepticism among investors.

Canaan shares surge after 50,000-rig Bitcoin mining deal

via NewsBTC

Cointelegraphan hour ago

PositiveCryptocurrency

Canaan has announced a significant deal for 50,000 Bitcoin mining rigs, marking its largest agreement in over three years. This move highlights a renewed interest in Bitcoin mining in the US, as noted by the company's CEO. The surge in Canaan's shares reflects investor confidence and the potential for growth in the cryptocurrency sector, making this development crucial for both the company and the broader market.

Bitcoin Breaks $120K as ‘Uptober’ Phenomenon Repeats

via Cointelegraph

Bitcoin.coman hour ago

PositiveCryptocurrency

Bitcoin has surged past the $120,000 mark, continuing the trend known as 'Uptober,' where the cryptocurrency typically sees significant gains in October. This phenomenon is crucial as it not only boosts investor confidence but also highlights the growing acceptance and stability of digital currencies in the financial market. As more investors flock to Bitcoin, it could signal a shift in how cryptocurrencies are perceived and utilized in everyday transactions.

Centralized exchanges will be DeFi front ends in 5–10 years: 1inch co-founder

via Bitcoin.com

Cointelegraphan hour ago

PositiveCryptocurrency

Sergej Kunz, co-founder of 1inch, predicts that centralized crypto exchanges will evolve to become mere frontends for decentralized finance (DeFi) within the next 5 to 10 years. This shift signifies a major transformation in the crypto landscape, as it highlights the growing importance of DeFi solutions that prioritize user control and transparency. As the industry moves towards decentralization, this trend could reshape how individuals interact with financial services, making it a crucial development for investors and users alike.

via Cointelegraph

Buterin partners with HashKey’s Xiao Feng on Ethereum Applications Guild

PositiveCryptocurrency