Crypto analyst Kaleo, renowned for his accurate predictions, foresees a substantial rally for Theta Network (THETA), a decentralized video delivery platform. He anticipates a surge of over 200%, driven by renewed interest in the social finance (SoFi) sector.
Theta Network, currently trading at $3.10, has the potential to exceed $10 according to Kaleo's analysis. He attributes this optimism to upcoming token releases such as ARENA and the FT airdrop, which are expected to rekindle investor attention.
Additionally, Kaleo expresses bullish sentiments towards TraderJoe (JOE), the native governance token of the Avalanche-based decentralized exchange (DEX). He projects JOE to reach $3.50 by April, supported by the AVAX memecoin frenzy and substantial incentives for liquidity pool staking.
Lastly, Kaleo highlights BNB's potential, particularly in its Bitcoin pair (BNB/BTC). He identifies a bullish pattern indicating a possible surge to 0.0102 BTC ($710) as BNB demonstrates higher low prices.
President Trump just signed an executive order to provide yet another extension for the banning or sale of Tiktok, while critics are calling this move outright illegal.
XingChiGarden Finance was accused of helping move stolen crypto linked to North Korea’s Lazarus Group, after earning $300,000 in fees in 12 days. An investigator said most of the funds came from the Bybit hack, but the platform’s founder denies any wrongdoing.
AnaisPrenetics, a healthcare company backed by David Beckham, bought $20 million worth of Bitcoin and plans to hold most of its treasury in the cryptocurrency. It also aims to use Bitcoin for payments and investment returns, becoming the first public healthcare firm to take this approach.
WeatherlyRussia’s Power Systems and Finam have launched the country’s first Bitcoin mining investment fund, using gas-powered rigs and requiring a minimum investment of 5 million rubles. The closed-end fund will mine Bitcoin and share profits with qualified investors, but returns depend on Bitcoin staying above $35,000.
AnaisGenius Group, a Singapore-based AI education company listed on Nasdaq, has expanded its corporate Bitcoin holdings by more than 50%, reflecting a growing trend of institutional adoption of Bitcoin as a treasury asset.
XingChiBrazil has scrapped its monthly tax exemption for crypto profits, introducing a flat 17.5% capital gains tax on all digital asset transactions. In response, MP Eros Biondini has proposed a bill to remove taxes on long-term Bitcoin holdings and promote self-custody rights.
AnaisAvalanche has launched a free NFT Battle Pass that lets players earn rewards across multiple blockchain games in one place. It aims to boost player engagement and unify its gaming ecosystem as the wider crypto gaming market struggles.
WeatherlyTrump Media has received SEC approval to raise $2.3 billion through share deals and convertible notes, with plans to use part of the funds to buy Bitcoin. The company aims to hold Bitcoin in its treasury, launch a Bitcoin ETF, and offer crypto-based services through Truth Social and a new streaming platform.
WeatherlyMetaplanet has reached 10,000 Bitcoin six months ahead of its target, becoming the ninth-largest public holder and surpassing Coinbase. It raised funds through zero-interest bonds and a record $5.4 billion equity programme, with plans to own 1% of all Bitcoin by 2027.
JoyA Chinese man was arrested at Don Mueang Airport while trying to flee to Singapore after being accused of stealing over $6 million in Bitcoin from two investors. Thai police had been tracking him since April and stopped him just before he boarded the flight.
WeatherlyWilcox, in a blog post, cited concerns about his personal identity becoming overly associated with Zcash during his tenure as CEO. He expressed the belief that this dynamic could be detrimental to both himself and the cryptocurrency.
BrianUS bank SoFi strategically exits the crypto sector, emphasising the challenges faced in the volatile market.
Hui XinSoFi Technologies exits the crypto market due to regulatory pressures, transitioning clients to Blockchain.com. This move underscores industry challenges and a broader shift towards traditional banking practices.
Huang Bo
JinseFinanceBreakdown by Lars, Research Director at The Block.
TwitterFTX.US is no longer part of the Crypto Council for Innovation, an industry lobby group.
OthersThe biggest cryptocurrency expo in Southeast Asia will debut on October 6–9, 2022, in Thailand.
M Vision PLC
BeincryptoThe cryptocurrency market has been facing a second bloodbath without any gap for the first time in history, disrupting the ...
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