Crypto market

BTC - $29874 -0.88%. There is a correction on the cue ball chart. At the moment, the price dropped to $29.67k. For growth, 2 resistance lines - $30 and $30.4 together.

Alt charts are mixed. Ether is trading at $1893. Alt season 27, perceptual interest 50 Index (neutral). Daily trading volume — $37.1 billion.

Growth leaders among altcoins are LINK, MKR, HEX.

Fall leaders are HBAR, RPL, EGLD.

BTC dominance is 49.78%.

 

In a week, instant money transfers via FedNow will be launched in the US.

The system is not related to digital currencies (CBDC) and is not intended to replace any form of payment.

However, many believe that FedNow is the first step in the introduction of the digital dollar, which is bad for crypto.

 

Kuwait has imposed an "absolute ban" on all crypto transactions.

From now on, mining, trading, investments and any operations with cryptocurrencies are outlawed in the country.

As the practice of China has shown, everyone who wanted to was sitting and trading with VPN and with fake accounts.

Ps. The Chinese are massively buying data from Africans, undergoing KYC and calmly trading on world exchanges.

 

French banking giant Societe Generale has received a crypto license!

It is the first French company to be licensed to provide crypto-currency services.

A division of the bank launched trading, clearing and storage of digital assets from July 18.

 

US presidential race 2 candidates bet on the cryptocurrency.

Florida Gov. Ron DeSantis vowed to ban the digital dollar (CBDC), and Robert F. Kennedy Jr. went even further and announced:

Bitcoin will not be considered a security.

Crypto-related banks will be given the green light.

1% of Treasury bills will be backed by crypto.

Converting BTC to USD will not be subject to capital gains tax.

The SEC and other regulators will end the crusade against crypto.

 

The British regulator plans to equate crypto memes with advertising.

60% of Britons surveyed by the regulator believe information about financial products from the posts of bloggers and celebrities.

To protect their interests, if the law is passed, it will be impossible to publish cryptomemes without a disclaimer on social networks from October 11th.

Violation of the law can result in a fine and even imprisonment for up to 2 years.

 

FOX Business Senior Correspondent Retweeted Fake XRP Giveaway.

Charles Gasparino's carelessness added 639,800 views to the fraudulent tweet in less than a day.

The scam account with the blue tick is still active.
 

TOP 5 facts about PUMA's new musical NFT sneakers.

The "Evolution of the Mixtape" collection is released for the 50th anniversary of hip-hop.

It has 3 models of crosses with different styles: "Cassette Tape", "Playlist" and "Disc".

Each left shoe has an NFC chip on the tongue that gives access to exclusive music content.

Each chip is tied to an NFT built on the Avalanche blockchain.

For $130, you get access to weekly mixtapes, a 14-track playlist of unreleased music, and a hip-hop history documentary.