EddieJayonCrypto

 30 Sep 24

tl;dr

• The FBI has seized more than $6 million in cryptocurrency from Southeast Asian scammers who were preying on U.S. citizens, highlighting the agency’s ongoing crackdown on international fraud.• Ripple launches 350,000 RLUSD stablecoins in a significant new phase of its project, aiming to expand the ...

• The FBI has seized more than $6 million in cryptocurrency from Southeast Asian scammers who were preying on U.S. citizens, highlighting the agency’s ongoing crackdown on international fraud.
• Ripple launches 350,000 RLUSD stablecoins in a significant new phase of its project, aiming to expand the adoption of its USD-pegged tokens within the ecosystem.
• Hong Kong expands its e-HKD CBDC project while Canada and Australia abandon their plans for retail CBDCs, signaling divergent approaches to digital currencies.
• Ethereum staking yields are projected to surpass U.S. Treasury rates, which could drive demand for ETH and lead to a price increase in the crypto market.
• The introduction of the TypeScript SDK opens up the BSV blockchain to more developers, simplifying the process of building on the Bitcoin SV network.
• Rumors about FTX imminent payouts are debunked as false, with no upcoming distributions expected despite social media fear, uncertainty, and doubt (FUD).
• The rise of Toncoin’s price has been delayed but not stopped, signaling market optimism for the project despite short-term challenges.
• Ripple’s XRP could see a 17% price increase today, driven by speculation about upcoming legal victories and positive market sentiment.
• The Shiba Inu team shares a major update on SHIB: The Metaverse, moving closer to launching its highly anticipated virtual world.
• Key U.S. economic events (ISM Manufacturing PMI, ISM Services PMI and Non-farm payrolls) in the first week of October could significantly impact the crypto market as investors react to macroeconomic indicators.
• Taiwan's Financial Supervisory Commission (FSC) opens the doors for investments in Bitcoin ETFs, further integrating cryptocurrency into its financial markets.

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