tl;dr

• Bitcoin Price Predictions: PlanB predicts Bitcoin could surpass $200,000, with $60,000 as a possible floor. CoinLedger data shows the average crypto portfolio surging in 2024, with Bitcoin up over 50% $2K avg. portfolio gain.• Stablecoin Developments: PayPal launches a stablecoin pegged to the US ...

• Bitcoin Price Predictions: PlanB predicts Bitcoin could surpass $200,000, with $60,000 as a possible floor. CoinLedger data shows the average crypto portfolio surging in 2024, with Bitcoin up over 50% $2K avg. portfolio gain.
• Stablecoin Developments: PayPal launches a stablecoin pegged to the US dollar (PYUSD) for international payments. Ripple announces a stablecoin backed by US dollars and government securities, causing a surge in XRP price.
• Regulation of Cryptocurrencies: The European Securities and Markets Authority (ESMA) flags maximum extractable value (MEV) as a potential form of market abuse. Philippines SEC says eToro is unauthorized to sell securities.
• Cryptocurrency ETFs: Morgan Stanley and UBS race to be the first to offer Bitcoin ETFs. JPMorgan is optimistic that Ethereum will be classified as a commodity due to its increasing decentralization.
• Blockchain Technology: Solana faces criticism for transaction failures and lack of decentralization, with Cardano as a superior alternative. An article discusses the challenges of fixing congestion bugs on the Solana blockchain.

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 16 Sep 24
 16 Sep 24
 16 Sep 24