Turkish lire; Dr
- Bitcoin prices range between 26 and 27 thousand dollars. Experts and factors such as the upcoming halving point to potential growth, perhaps as much as $100,000.
- Ripple achieved another legal win against the US Securities and Exchange Commission and received several awards, including a PAY360 award in the UK.
- After SHIB’s Telegram was hacked to promote a false airdrop, the team quickly beefed up security measures.
What does the future hold for Bitcoin?
The underlying cryptocurrency recently consolidated around the $26-27K level, showing lower volatility than usual and leading some to speculate whether the price has a chance to rise in the future.
Many experts like Robert KiyosakiAdam Buck, Anthony Scaramucci and Tom Lee are among the individuals who expect Bitcoin to eventually reach the coveted $100,000 mark.
We also asked ChatGPT if there will be a bull market next year. AI-powered language model estimated Such a scenario is possible with the help of several vital factors, such as increased supply and demand, institutional interest, regulatory developments, media influence, technological advancement, and the upcoming halving.
The latter element appears to be of paramount importance, given its role in the past. This event, which takes place every four years and reduces the reward miners receive for adding new blocks on the blockchain, has historically caused prices to rise. Remember, BTC reached an all-time high (ATH) of around $70,000 less than two years later. The previous half.
ChatGPT too determined These factors could not only push the leading digital assets higher, but also lead them to a new peak.
Wave in the spotlight again
Blockchain businesses made headlines again last week when insurance Another historic win over the US Securities and Exchange Commission (SEC). A US court rejected the agency’s desire to appeal a July decision, which determined that Ripple’s XRP sales from years ago did not constitute an offer for investment contracts.
Judge Torres The decision Trial on April 23, 2024, as its resolution may put an end to the long battle between these organizations.
Aside from its victory in the legal field, Ripple had won The most prestigious payment award in the United Kingdom (UK) – PAY360 Awards. The company topped the rankings for being the leading cryptocurrency/digital asset company in financial services.
The company was previously Developed Among the “Best Workplaces in Tech” of 2023 (according to Fortune) and “100 Companies That Care About Employees and Community” (according to People’s).
The Shiba Inu has fixed its problems
Last but not least, we will touch on the popular Shiba Inu meme and its recent hacking attack. The oppressors compromise Official SHIB Telegram official account on October 4 and used it to promote a fraudulent airdrop of BONE.
The team reacted quickly and warned the community to refrain from clicking on any links related to this distribution. them too Pinned Resolve the issue the next day by changing passwords and implementing two-factor authentication (2FA) to prevent another potential risk.
Free Binance $100 (Exclusive): Use this link to sign up and get free $100 and 10% off Binance Futures in your first month (conditions).
PrimeXBT Special Offer: Use this link to register and enter code CRYPTOPOTATO50 to receive up to $7,000 on your deposits.