The cryptocurrency and fintech sectors are constantly evolving, and in recent times, stablecoins have emerged as a groundbreaking innovation. In today’s financial landscape, digital assets like Tether (USDT) have not gone unnoticed, capturing considerable interest and wielding significant influence. This blog aims to delve deeply into the significance of stablecoins, especially their profound impact on the cryptocurrency and fintech domains. Additionally, we’ll investigate the foray of a prominent entity, PayPal, into the stablecoin arena while delving into the insights offered by William Quigley, one of Tether’s co-founders, regarding this momentous development.
The Significance of Stablecoins
Stablecoins are a unique category of cryptocurrencies designed to minimize the price volatility characteristic of assets like Bitcoin and Ethereum. Stablecoins are backed by stable assets like precious metals, fiat currencies like the US dollar, or even other cryptocurrencies, in contrast to their more volatile cousins. This pegging ensures stablecoins maintain a relatively stable value over time, making them valuable for various financial activities.
Stablecoins have risen to prominence chiefly due to their capacity to connect the conventional financial realm with the realm of cryptocurrencies. By their stability, they serve as an impeccable means of exchange and a secure repository of value, effectively addressing numerous challenges of employing cryptocurrencies in day-to-day dealings. This equips businesses, traders, and individuals with the ability to harness the advantages of blockchain technology while alleviating concerns regarding swift and unpredictable price oscillations.
Within the cryptocurrency ecosystem, stablecoins like Tether (USDT) have found a unique application in online casinos. These platforms, often called Tether casinos, have embraced stablecoins in payment methods. The reasons behind this adoption are clear. The stability of USDT ensures that players can wager without fearing the sudden value fluctuations that can occur with other cryptocurrencies. This stability provides a seamless and secure gaming experience, making Tether a preferred choice for many in the online gambling community.
PayPal’s Entry into Stablecoins
PayPal, a household name in online payments, has recently shown a keen interest in entering the stablecoin market. This move by PayPal carries significant implications for the financial industry. But why is a payment giant like PayPal venturing into the stablecoin space?
Cost Savings and Multicurrency Transactions: According to Quigley, PayPal’s venture into stablecoins is primarily motivated by the potential savings on multicurrency transactions. PayPal’s vast user base conducts transactions in various currencies, incurring fees at multiple stages. By creating its stablecoin, PayPal can eliminate the need for third-party toll collectors and complete transactions more efficiently.Innovation vs. Cost Saving: Quigley believes that while privately issued stablecoins like Tether benefit society, PayPal’s stablecoin, PYUSD, may not bring significant innovation. In his perspective, it is viewed more as a cost-cutting strategy adopted by PayPal, leaving us uncertain about how these cost reductions will ultimately benefit end users.Exploiting the Stablecoin Network: PayPal, which traditionally charged consumers and merchants currency conversion fees on cross-border transactions, can leverage its stablecoin network in two ways. It can either continue to collect these fees as profit or eliminate currency conversion charges to lower overall cross-border transaction costs for its users.
Quigley’s Insights on PayPal’s Stablecoin
Quigley’s perspective on PayPal’s venture into stablecoins provides valuable insights. He believes that while privately issued stablecoins can benefit society, PayPal’s entry may not necessarily bring significant innovation. Instead, he sees PayPal viewing stablecoins as a means to reduce costs.
The core concept behind PayPal’s stablecoin is to hold a basket of currencies, enabling it to conduct multicurrency transactions without relying on traditional banking systems. On a private blockchain, this process unfolds, sidestepping the charges linked to currency conversion and eradicating the participation of third-party financial intermediaries. The outcome is a cross-border transaction system that is not only more efficient but also cost-effective.
Final Thoughts
The stablecoin market is currently dominated by Tether (USDT) and other notable players like USD Coin (USDC). However, PayPal’s vast user base and global reach can significantly disrupt this landscape. By embracing stablecoins, PayPal aims to reduce costs associated with multicurrency transactions, benefitting consumers and merchants.
Stablecoins have emerged as a vital bridge between traditional finance and the digital world, offering stability and efficiency in an otherwise volatile environment. With players like PayPal entering the stablecoin arena, the financial industry is poised for further transformation. As we progress, it will be fascinating to witness how this development shapes the future of payments and financial transactions globally.

In recent years, Bitcoin has established itself as a revolutionary financial technology that has drastically altered people’s understanding of currency and commerce. First designed as a decentralized digital form of money, Bitcoin has advanced considerably beyond its initial purpose. Nowadays, it is not only seen as an investment option but also a credible tool to make payments in a wide assortment of daily contexts.
The integration of Bitcoin wallets, which serve as electronic repositories for this cryptocurrency, has enabled it to be employed in various facets of our lives. This article will discuss the extending utility of Bitcoin wallets and the varying areas where this digital resource is approved as a form of payment.
From retail and e-commerce to international transfers and amusement services, the applications of Bitcoin are transforming how we engage in financial operations, making it essential for us to comprehend the tremendous capabilities of this digital innovation in our continuously digitalized world.
Bitcoin Wallets & their Utilities
Bitcoin wallets have gone from simply being digital stores for your cryptocurrency to becoming something much more, covering many different applications. Let’s delve into some of the key domains where Bitcoin wallets are playing a pivotal role:
Retail and E-commerce
The introduction of Bitcoin into the retail and e-commerce space has changed how we shop. Even more online and offline shops today are taking Bitcoin as a valid payment method. “And while Overstock and Shopify might be the retail giants to do so far, they paved the way for others to similarly allow their customers the freedom of using Bitcoin safely and conveniently.”
Cryptocurrency Exchanges and Trading
Bitcoin wallets are a must-have for crypto lovers and traders. These wallets enable secure storage, trading, and portfolio tracking of digital assets. Key players in the space, such as Coinbase, Binance, or Kraken, have adroitly brought wallet services into their ecosystems to great effect, driving us to the big red next step button millions of times a day.
Gambling & Sports Betting
Bitcoin sportsbooks and online casinos are a result of the blending of Bitcoin and gambling. This combination of-level anonymity, swiftness, and lucrative rewards effortlessly attracts an international crew of bookies & casino gamblers.
Cross-Border Transactions
As a response to the difficulties posed by cross-border transactions, bitcoin has gained popularity. High fees and lengthy processing times are common drawbacks of conventional international transfers. With the help of bitcoin wallets, people and businesses can send money across borders quickly and affordably, creating new opportunities for remittances and trade.
Streaming Services and Entertainment
The entertainment sector is starting to adopt bitcoin wallets. For subscriptions, in-game purchases, and the purchase of digital content, some streaming services, gaming companies, and content providers now accept Bitcoin as a form of payment. This integration broadens the application of Bitcoin in the entertainment industry by catering to tech-savvy consumers who prefer to use their digital assets for leisure.
The Future Aspects of Bitcoin Wallets
The bright prospects for Bitcoin wallets are a direct result of the continued maturation of the cryptocurrency ecosystem. The live update shows the present Price of Bitcoin: $27,302.1 USD. As per our recent Bitcoin price forecast of 09.26.2023, we think BTC will go up with a target price of $26,311. Over the last 30 days, Bitcoin has seen a positive trading day in 13 (43% of the time) at a price volatility rate of 1.44%.
That suggests a projected price range for the bottom of Bitcoin in 2024 at $27,313.79 – and a potential high of $35,775.44. The mean 2024 expected trading price is $44,237.08.
Based on analysis from crypto experts’ technical analysis, the 2025 projection for Bitcoin is a minimum of around $66,289.05 and a maximum potential of about $78,754.65. The mean estimated trading value for Bitcoin in 2025 is $68,184.66.
Conclusion
To wrap up, Bitcoin wallets have changed the game regarding financial dealings. From e-commerce to cryptocurrency exchanges, gambling, international payments, and entertainment services, Bitcoin stands out as a flexible payment solution.
As its fame and application in various fields grows, its status as a leading-edge fiscal instrument becomes more evident. As Bitcoin is developed further, it can offer thrilling opportunities for individuals and businesses looking for reliable and cutting-edge solutions for financial transactions.

Binance has announced that it has completed the integration of the Maverick Protocol on the zkSync Era Network. This enables the exchange platform to open up deposit and withdrawal functions of the native token, MAV, for users across the ecosystem. The smart contract address for the deposit is now live and can be found on the official website of Binance Exchange.
Deposits will take approximately 24 hours, depending on the finality mechanics of the zkSync Era. Needless to say, it may take more or less time to process the deposit.
Users of the platform can conveniently access the smart contract or deposit and withdrawal functions through the mobile application of Binance (iOS and Android). That will also help them trade on the go and view a summary of their trading activities.
The trading price of MAV has seen a boost in its value. The token was last seen exchanging hands at $0.2295, an increase of 2.70% in the last 24 hours—that is, one day. Its all-time high value is more than $0.5. The current value is down by 70.58%. What is likely to affect MAV is the fall in trading activity.
It has come down to $3.10 million for the last 24 hours. With the headlines stated by Binance, there is speculation that MAV will make a comeback with a higher trading volume and a better trading price. The current market cap of MAV is approximately $57,505,887.
The development comes at a time when Binance has announced that its P2P segment will update the Maker Fees. The same for all the fiat currencies have been revised to 0.20% except for BDT and PKR, maker fees for, which stand at 0.15%. This is only for reference and for the affected customers. The service and its revision may not be applicable in all regions at the time of the announcement and drafting of this article.
Binance is also fresh from the portion of removing select liquidity pools on Liquid Swap. Liquidity pools removed by Binance are:
AVAX/BUSD, ATOM/BUSD, JOE/USDT, ETC/BUSD, OOKI/USDT, KSM/BTC, SUI/BTC, and STG/USDT
The change is tentatively scheduled to go into effect on September 29, 2023, at 4:00 UTC. It will have no effect on the trading of the corresponding pairs. Users are free to trade in other liquidity pools. Deposits for the removed liquidity pool will be automatically deposited in the wallets of users at the same time.
Users will be restricted from adding liquidity to them once the pools have been removed.
Binance has now enabled its customers to access MAV after successfully integrating the Maverick Protocol on the zkSync Era Network. It is recommended to use its mobile application for a better crypto trading experience.

MicroStrategy recently reported acquiring an additional 5445 Bitcoins. The software company revealed the transaction on Monday while filing with the SEC.
The transaction amounted to a whopping $147.3 million. MicroStrategy now holds 158,245 Bitcoins, which accounts for 0.754% of the available BTC supply. The holding is roughly worth $4.1 billion, making MicroStrategy the biggest corporate BTC holder.
Even with the massive holding, the company still has $500 million in unrealized losses due to BTC’s current price. The biggest crypto is currently trading near $26k, while MicroStrategy bought it for an average price of $29,582.
Michael Saylor, the co-founder of MicroStrategy, revealed this information in an official tweet. The co-founder stated how the company bought its BTC holding for $4.68 billion, while it is currently priced at $4.1 billion.
MicroStrategy is miles ahead of every corporate competitor in terms of BTC holdings. Marathon Digital Holdings holds the next highest BTC stack at a meager $12,964. MicroStrategy currently holds more BTC than the next five biggest corporate holders on the list.
Since the company entered the domain in 2020, Michael Saylor has made BTC a core part of MicroStrategy’s operations. While many critics claimed the strategy would dig a hole for MicroStrategy, the company has only stacked more BTCs in the past few years.
The co-founder and chairman have openly stated that more financial institutions, countries, and banks would eventually accept BTC as an asset. Saylor even stepped down as MicroStrategy’s CEO to focus on promoting Bitcoin adoption across the world. 
The latest development has also triggered similar responses from critics. However, the company seems adamant about keeping up with its strategy.

Bitcoin is a digital currency that exists only in the digital realm; it is like internet money. In the financial world, Bitcoin is a game-changer. It offers a new way to store and transfer value. 
Unlike traditional money, Bitcoin is not tied to any country, making it a global currency. However, a Bitcoin ETF is something different; it is an Exchange-Traded Fund or a basket that holds Bitcoin. 
It allows regular folks, like your parents, to invest in Bitcoin without actually buying and storing it themselves. It makes investing in Bitcoin easier and safer for many people who might find dealing with digital wallets and private keys a bit confusing. Now, let’s get to the exciting part. We’re going to explore how the approval of a Bitcoin ETF could change things in the world of Bitcoin.
Understanding Bitcoin ETFs
Think of ETFs as a way to buy a piece of something big, like a slice of a pizza. Bitcoin ETFs are like slices of Bitcoin that you can buy on the stock market. There are different types, but the spot-based ones follow the current price of Bitcoin. However, future-based ETFs will depend on Bitcoin’s future price. Till now, no Bitcoin ETF has been issued in any part of the world. However, Blackrock filed for the first ETF; let’s see what will happen.
The Regulatory Landscape Regarding Bitcoin ETF
When it comes to Bitcoin ETFs, there are rules to make sure everything is above board. However, there are no rules, and the SEC needs to fix this first before approving Bitcoin ETFs. The good news is that such news will create an inflow in the crypto world. 
Big investors, like banks and companies, also invest more in Bitcoin for hedging. If they start buying Bitcoin through ETFs, they could make $100k easily. Do not forget that Bitcoin halving is pending in April 2024, so it will make the coin scarcer. You can check out our BTC prediction before investing. It will help you to get a detailed technical & fundamental view. 
Possible Scenarios of Bitcoin ETF Approval and Its Impact on BTC 
Let’s look into the possible scenarios of three different futures for Bitcoin after the ETF approval:
Scenario 1: Spot ETF Approval Leads to a Significant Bitcoin Rally
In this scenario, Bitcoin takes off like a rocket. Lots of people and big investors rush to buy Bitcoin through ETFs, driving the price sky-high. 
Scenario 2: Spot ETF Approval Has a Limited Impact on Bitcoin Prices
Here, the ETF approval does not cause a huge stir. Some people use ETFs to buy Bitcoin, but it does not change the game too much. Investors may start to sell BTC after the news.
Scenario 3: Spot ETF Approval Triggers a Short-Term Rally Followed by a Correction
In this scenario, there is excitement at first, and Bitcoin’s price shoots up. But then, it will settle down a bit and face a big drop. However, will it be approved? Let’s see what experts are thinking:
Insights from Cryptocurrency Experts and Analysts
Some smart people who really understand cryptocurrencies have some interesting things to say. Crypto Rover on X thinks that if a big company called BlackRock gets permission to do something special with Bitcoin, its price could go up a lot. But is it possible? Here are the reasons:
BlackRock is famous for getting permission to do things like this.Back in 2008, the U.S. government asked BlackRock for help. This shows that they trust BlackRock a lot.BlackRock already made something like a special Bitcoin fund for big investors.These special Bitcoin funds, called ETFs, are already working in Europe and Canada.
The approval of a Bitcoin ETF could be a game-changer for Bitcoin and traditional investors. It could make investing in Bitcoin easier, attract more people to the world of cryptocurrencies, and boost Bitcoin’s price.

A total of nine crypto exchange platforms in Taiwan have come together to form an industry association. The objective is to assist the relevant authorities in drafting regulations that suit the industry and the region mutually. The development comes ahead of the time when the FSC, or Financial Supervisory Commission, is planning to share the guidelines for trading and payment via VASPs, or Virtual Asset Service Providers.
All crypto exchanges have issued a joint statement informing the community that they are contemplating submitting an application to establish the association in mid-October. All platforms will collaborate to assist authorities in accelerating the process. Some of the exchange platforms that are a part of the association are BitoGroup, MaiCoin, and ACE.
Another objective of setting up an association of all the crypto ventures in Taiwan is to come up with self-supervisory rules that will be based on the guidelines issued by the FSC. While there is no information about including more crypto ventures in the future, the assumption still stands that the association will be more than happy to include any other platform that intends to operate in the region in a compliant manner.
One of the requirements that they will have to fulfill pertains to anti-money laundering. Taiwan has already asked the existing ventures to follow the guidelines and rules on AML. In July 2021, the FSC drafted and implemented the laws. What makes it important for a crypto venture to follow AML laws is the fact that not following them will largely impact the industry, with all of them losing their regulatory safeguards. Meaning, the industry will stay under an unregulated roof in Taiwan.
Wayne Huang from XREX has showcased a sense of confidence in the initiative that the FSC has taken. The Group’s chief executive officer has said it will give birth to a new industry while providing it with the required legitimacy and oversight. Wayne believes that the progress will also give the industry an accelerated means to gain the general public’s trust.
Moving forward, the regulatory authority in Taiwan is planning to restrict the operations of offshore crypto exchange platforms without acquiring proper compliance registration. A government official with the media has confirmed the update.
Simply put, any offshore crypto venture that wants to enter Taiwan and operate in the region will have to acquire compliance registration. Without that, their operations will be non-compliant and subject to relevant laws.
As per recent developments, Taiwan has published guidelines to oversee the operations and registrations of offshore crypto companies. It covers all the VASPs and seeks to ensure they follow the guidelines. The FSC has said in a media statement that domestic crypto ventures have to ensure the separation and custody of the company’s and its customers’ assets.

Yuga Labs and A Bathing Ape, also known as BAPE, have joined hands to reimagine iconic designs scheduled to become available starting in November 2023. What brings them together is the mutual understanding of community values, irreverence, and opulence.
The upcoming launch has taken joint inspiration from BAYC Swamp and Ura-Harajuku. Their first collaboration has been dedicated to community members, giving them early access to accessories and apparel. It is a limited edition collection with prices not yet revealed; however, the early access perspective remains stagnant for the collection. It will debut in Hong Kong at ApeFest on November 4, 2023.
Interested community members can purchase the design onsite with token-gated access. The collection will then be dropped in BAPETAVERSE for members on that platform. Stores across the globe will see the designs arrive in December. This includes BAPE.COM and BAPE Store.
The development comes months after Yuga Labs was featured on the list of CoinDesk as the most influential venture in 2022. The parent company behind Bored Ape Yacht Club was announced as a leader in non-fungible tokens and intellectual property. The news was confirmed by CoinDesk on X, formerly Twitter, acknowledging that Yuga Labs has ventured out to build an NFT empire and lead the segment of NFT and intellectual property.
CoinDesk also said that Yuga Labs is on a path to becoming a multi-tiered enterprise like Pixar. Yuga Labs recently raised $450 million in a funding round that happened in March this year. It was led by a16z and helped the team kick up the valuation to $4 billion.
Their idea was originally to have just an NFT. It blasted all across the world, becoming more of a movement for the NFT community, the desires of which could only be met by a team of four friends. They have seen huge growth since February 2021 and have a long way to go—something that is evident from their collaboration with A Bathing Ape, BAPE.
Yuga Labs has also shared the news with the community on X. Members and followers have responded positively to the announcement, with most of them calling it a great collaboration.
Meanwhile, the Ape coin has started exchanging hands at $1.12 for every piece, a slip of 0.37% in the last 24 hours. The trading volume has exceeded the milestone of $41.35 million. This is interesting because the volume was at $36.58 million when the token was being traded at $1.1542.
Interested participants have been suggested to visit ApeFest and get their mitts on the exclusive launch of the new collection by Yuga Labs and BAPE. The event is scheduled to occur in Hong Kong on November 4, 2023. It will eventually go live for BAPETAVERSE, the BAPE Store, and the official website, which will be accessible worldwide.

Police have arrested Ben Armstrong. The arrest was made during his livestream session on YouTube. Also known as BitBoy Crypto. Armstrong was reportedly gearing up to spread his campaign to get his Lamborghini back. The issue was largely based on confronting Carlos Diaz.
The livestream has been deleted, but those who saw it live heard Ben say that it will be what it will be if Carlos decides to come out of his house and try to kill him.
Ben Armstrong had earlier published a post on X, formerly Twitter, informing his followers that he would go live from a special location on YouTube. The announcement dates back to September 26, 2023, with many responses from his followers. Some of them said that the matter was getting interesting, while others said they were getting their first Web3 podcast from jail. We made it bois, teased a follower in the comment section of his post.
BitBoy Crypto had distanced itself as a platform from Ben, the founder. This motivated him to seek donations from his followers to regain control of the platform. As of now, a total of $54,000 has been received by him. This comes from three addresses, namely Bitcoin, Ethereum, and Cardano.
Armstrong had also said in the livestream that he would actually enjoy the visit of cops to his place. There are now questions circulating on the internet as many people wonder about the person accompanying him in the truck. Police have questioned him on the same aspect. The person is allegedly Cassie Wolfe, the Co-Founder of BitBoy Crypto and his alleged mistress.
As for the tokens mentioned previously, all of them were last seen struggling to inch closer to the required safe spot. For instance, BTC is way below the $30k mark, dancing around $26,245.20. This is a fall of 0.24% in the last 24 hours. Only on August 29, 2023, BTC surpassed the $27k mark for bullish sentiment. Holders are eagerly waiting for the token to reach its highest value of $65k by the end of this year. Going by the looks of it, and per what trends suggest, BTC could merely reach the $50k mark in 2023.
Similarly, ETH is below the $1,700 mark, with the near impossibility of closing in September 2023, above the said mark. ADA is at $0.25 for a flat trend and a simple rise of 0.04% in the last 24 hours.
Ben Armstrong was last seen getting arrested by the Police. More information about his custody or arrest could come in 2–3 days. He is being investigated, and Police are asking him questions before taking a call about retaining his custody or letting him go with a warning.

Bitcoin Spark sets its sights on the cryptocurrency niche, facing giants like Ethereum and Dogecoin. Bitcoin Spark strives to remove its niche from the meme coins while improving ETH’s smart contract capabilities. 
Bitcoin Spark (BTCS)
Bitcoin Spark revolutionizes the cryptocurrency landscape with its innovative Proof-Of-Process (PoP) protocol. The BTCS token, currently in ICO phase six at $2.75, offers a multitude of use cases within the BTCS ecosystem. These applications include staking for passive income, facilitating transactions, storing value against inflation, and more.
Access to the BTCS ecosystem is seamless through a robust Bitcoin Spark application, compatible with iOS, Android, and desktop devices. The app operates within a virtual environment, enabling the rental of processing power from capable users to those in need. It democratizes the mining process, making it accessible to anyone, regardless of their computational power. Advanced algorithms within the app select participants for the main layer’s execution and calculate rewards based on staked amounts and computational contributions.

Bitcoin Spark has undergone KYC procedures and a rigorous smart contract audit to ensure compliance, security, and transparency. The ICO will launch on November 30th at $10, promising significant returns of up to 393% for phase six investors.
Ethereum merge
The Ethereum merge marked a significant upgrade to the Ethereum blockchain. This upgrade involves transitioning from a Proof of Work consensus mechanism to a Proof of Stake mechanism. The Ethereum 2.0 shifted from the energy-intensive PoW to PoS, where validators create new blocks and validate transactions. The basis is the amount of cryptocurrency validators hold and stake as collateral. This is more energy-efficient and accessible to diverse participants. The Ethereum merge represents the final step in improving network scalability, security, and sustainability while reducing energy consumption. 
However, this upgrade has not picked up as anticipated, with negligible changes to the Ethereum network and its ecosystem. The proponents of Proof of Work (PoW) argue that Proof of Stake (PoS) has problems, including potential centralization and security risks. They highlight that PoS has yet to be as thoroughly tested as PoW, which has proven its resilience as the foundation of major blockchain networks.
Ethereum’s upcoming changes could help with its high transaction fees, but it’s uncertain if these updates will be effective. Some Ethereum miners, attached to the old system, plan to create a separate network using PoW even after the Merge. 
Will Dogecoin recover?
Dogecoin started in 2013 as a fun, meme-inspired cryptocurrency, gaining attention on Reddit. The Dogecoin community executed a hype and influential figures, especially Elon Musk, boosted with tweets. Dogecoin (DOGE) has seen a major drop, losing 91% of its value since its May 2021 ATH. The drop raises concerns about the DOGE’s future. Dogecoin has a market capitalization of about $9 billion, ranking it among the top cryptos in market cap. 
However, its journey has been full of ups and downs, common in the meme cryptocurrency market. The meme coin shortfall makes it hard to predict how Dogecoin will perform in the future. Dogecoin is speculative and highly unstable, often influenced by hype and uncertainty due to its limited real-world use and dependency on market sentiment. While some analysts anticipate Dogecoin could reach around $0.080 by the end of 2023, investors are encouraged to consider diversifying into projects with more tangible use, like Bitcoin Spark.

Technology has encountered giant leaps in the recent past, manifesting its significance in every walk of life. The finance realm is no exception! With a vast expanse of cryptocurrency sprouted late, this article presents a comparative analysis between Bitcoin (BTC) and Bitcoin Cash (BCH). The idea is to educate cryptocurrency investors to perceive the pros and cons of the two and make wise business decisions.
Overview of Bitcoin (BTC)
Bitcoin can be comprehended as the maiden virtual currency that behaves like currency and as a means of transaction far away from the direct control of a particular financial firm, bank, or individual. Thereby, Bitcoin eliminates the need for a third-party regulatory board and its associated procedures.
It was cradled in 2009 by many passionate developers under Satoshi Nakamoto’s banner. Since then, Bitcoin has emerged as a source of inspiration. Numerous cryptocurrencies have been created by efficient miners who make indelible impressions carving niches!
Overview of Bitcoin Cash (BCH)
Launched in 2017 as an outcome of the Bitcoin hard fork, Bitcoin Cash shares many similarities with Bitcoin on the technical front despite their philosophical differences. It uses the well-known consensus mechanism, just like Bitcoin.
However, Bitcoin Cash subsequently encountered a hard fork, which split it into Bitcoin Cash ABC and Bitcoin Cash SV. It was later, in 2021, that Bitcoin Cash ABC was renamed to eCash. This is a Proof-of-Work blockchain network with faster transactional speed. We will further focus on its similarities and differences with Bitcoin in this article.
Bitcoin Cash V/S Bitcoin: Key Differences
To the question of why BCH is better than BTC? or the other way around, you’ll find the reason here. The prime differences between Bitcoin Cash and Bitcoin are discussed below.
Market Cap – Bitcoin’s market cap is high and reaches nearly $400 billion, while Bitcoin Cash’s is below $2 billion.
Speed of Transactions – The block size of Bitcoin is around 1 MB of data and hence has a low transaction speed, accomplishing only 3 to 7 transactions per second. However, Bitcoin Cash has a block size of as much as 32 MB, performing over 100 transactions per second.
Fee charges – Though Bitcoin’s mean transaction fee lingered around $1-2, it had surged to $60 per transaction. On the other hand, Bitcoin Cash’s transaction fees are generally too minimal to the extent of just a fraction of a cent.
Security – By limiting Bitcoin’s block size and transaction count, there is room for improved security. Bitcoin Cash, on the other hand, expanding the block size and number of transactions makes it less secure.
Price Action: Bitcoin Cash v/s Bitcoin
Bitcoin Cash price prediction anticipates that the price of BCH will exceed the $397 mark by the close of 2023. Parallely, Bitcoin’s price prediction expects BTC to surpass $64,732.93.
The BCH price prediction for 2025 foretells the future of BCH to be brighter and could touch the $597 mark when 2025 ends, while Bitcoin’s is expected to go beyond $100,000.
The 2030 BCH price prediction signifies that the currency might reach the utmost price mark of $1740 and for BTC to touch the highest level of $313,600.
Conclusion 
So, “Should I invest in BTC or BCH?” Here is the answer to your much-awaited question – By nature, cryptocurrencies are vulnerable to volatility, and so are their associated risks. Opting for BTC or BCH depends on the nature of your endeavor and investment goals.
For example, BTC might not go well with confident investors, while BCH goes well with small investments that resemble BTC in numerous ways. BTC sounds suitable for investors seeking a longer duration store of value, while BCH suits those wishing to make crypto cash for daily purchases.
The performance of the hard fork also ought to be taken into consideration. It is advisable to analyze which crypto fits your business and go for it with all confidence, determination, and positivity.

With technology innovations in the financial sector expanding by leaps and bounds, the Philippines is now pacing toward financial inclusion. While the archipelagic country still houses over 30 million unbanked Filipinos, the equation is fast changing as access to financial services has become simpler with fintech.
At a time when the Philippines banks and other financial institutions have grabbed everyone’s attention with their commendable work, it is obvious that behind the massive digital transition, a few exceptional personalities from various domains have disrupted the industry with their exceptional contributions.
To shine a spotlight on these profiles and bestow honor upon their work, Tradepass hosted the World Financial Innovation Series (WFIS) Awards 2023 in Manila on 24 August 2023 at the Manila Marriott Hotel from 5 pm to 9 pm. Referred to as the country’s most glamorous awards night for the financial services industry, the platform declared the winners from 9 competitive categories. Below are the details.
GRC Advocate of the Year – Ingrid Rose Ann Berona (Chief Risk Officer, Gcash)Data & Analytics Leader of the Year – Josh Bosiños (Head of Data Science and AI, Robinsons Bank Corporation)Tech Innovator of the Year – Kenneth Catugas (Head IT, ING)CMO of the Year – Janette Y. Abad Santos (First Vice President, Head – Marketing Group, Robinsons Bank)Excellence in Retail Banking – Frederick Ian B. Dela Cruz (Card System Management Head, Philippines National Bank)Fintech Provider of the Year – Oscar Enrico Reyes, Jr. (President/CEO, G-Xchange, Inc)Cyber Practitioner of the Year – Marlon Sorongon (CISO, MayBank)CX Innovator of the Year – Lionel Gacad (Chief Experience Officer, GoTyme Bank)Women Influencer in FSI – Catherine Urtola (Chief Compliance Officer, UNO Digital Bank)
“This recognition was made possible because of the strong collaboration of the various teams that worked on this project,” said Frederick Ian Dela Cruz, Head of the Cards System Management Department of PNB’s Cards and Payments Solutions Group. “At Philippine National Bank, we constantly adhere to the highest standards of excellence in our retail banking business. Our goal is to provide our customers with relevant banking services – where they need it when they need it.”
While the industry applauded the sheer genius of these stellar personalities, the titles were conferred on them by none other than the industry’s most renowned thought leaders – Balaji Viswanathan (Managing Director & CEO, Expleo Solutions Limited); Imelda Tiongson (Chairperson, Pru Life UK); Rico Bautista (President and CEO, Etiqa Life & General Assurance Philippines, Inc); David Gyori (CEO, Banking Reports, London); and Arvie De Vera (Co-Founder & Board Director, Fintech Association Of The Philippines).
With an enthralling vibe, the awards night had a very gaudy appearance with mesmerizing champagne ladies to lift spirits. Also labeled as a Black Tie event, the night witnessed stunning performances by the IOX Entertainment Dance Troop that got the audience on their toes. 
WFIS Awards 2023 – Philippines ensured that other than uplifting the entire cybersecurity community, every single attendee felt appreciated as there was an impeccable spread of scrumptious gourmet dishes coupled with an exotic range of cocktails for them to have a great time.

The cryptocurrency market has been a hotbed of innovation and opportunity, with various blockchain platforms vying for supremacy. One such blockchain that has garnered significant attention is Cardano (ADA). Cardano houses an autonomous token economy worth billions, attracting the interest of both retail and institutional investors. It is renowned for its distinctive features and developer-friendly environment. In this article, we’ll look into the characteristics that make these token economies successful and flourishing, analyze how Cardano differs from other cryptocurrencies, and discuss some thoughts from an ADA whale bullish on Cardano’s prospects in bull markets.
Cardano hosted an independent token economy worth billions
Due to several circumstances, Cardano has effectively housed a billion-dollar autonomous token economy. First, developers and projects have confidence in its strong and secure blockchain because it was created using a peer-reviewed academic methodology. The scalability and interoperability of the platform allow for the smooth integration of a wide range of tokens and applications.
Additionally, stakeholders who care about the environment are drawn to the best Cardano casinos with a proof-of-stake (PoS) consensus process. It draws projects looking for a compliant environment because of its proactive commitment to regulatory compliance. Within its ecosystem, the thriving Cardano community is crucial in promoting innovation and growth. Cardano is an appealing option for blockchain businesses and investors searching for a robust and flexible platform because of its distinctive qualities and developer-friendly environment.
ADA Whale Insights
Insights into the strategies and reasoning of the ADA whale, who is optimistic about Cardano’s future, reveal a multifaceted approach. While some crypto industry experts suggest that significant profit-taking by whales, especially after notable price surges, is not unusual, there’s an alternative viewpoint. Some analysts propose that these large-scale sell-offs could also be a deliberate strategy employed by whales to rebalance their holdings and prevent an excessive concentration of ADA within the Cardano network, which, if left unchecked, might erode confidence in the platform.
Currently, Cardano boasts 4,275,363 wallets, with approximately 30.76% actively engaged in staking, as indicated by data from Cardano Blockchain Insights. Surprisingly, the network keeps luring new investors, as seen by the over 1,000 new wallets produced daily. This implies that investors continue to be drawn to Charles Hoskinson’s Cardano project despite price volatility.
Therefore, it is obvious that such activities typically cause short-term negative impacts on ADA’s price, as regular investors frequently respond with panic selling, regardless of the specific reasoning underlying these huge whale-driven sell-offs. However, in the great scheme of things, these tactical moves help the project flourish over the long run and improve its decentralization, eventually helping the Cardano ecosystem.
Will Cardano remain relevant and thrive in future bull markets?
According to the ADA forecast 2023, the analysis points to a likely maximum value of $0.88 for the token, with a forecast low of around $0.36.
For 2024, research predicts that the ADA token cost should swing between around $0.76 as the low and $1.10 as the high, with an average cost of approximately $0.93, in consonance with the Cardano value expectation.
Moreover, after analyzing prior performance and the 2025 Cardano prediction, it is thought that the ADA token will be exchanged between $0.99 (representing the likely minimal cost) and $1.43 (standing for the likely maximum price) for the full term of the year.
Regarding the year 2026, the research suggests that the ADA cost could experience changes, comprising a minimum of around $1.26 and a peak of approximately $1.82, expecting a foreseeable mean of around $1.54, in accordance with the Cardano cost projections.
The ADA projection for the year 2027 shows a variation of $1.64 (lowest), $2.00 (medium), and $2.36 (highest). It is noteworthy that Cardano has continually been one of the most traded digital resources, presenting prospective traders with numerous possibilities for colossal returns if contemplating a call on its present value.
Extending past experience and Cardano outlooks for 2028, the research suggests that the floor and ceiling rates will likely be about $2.07 and $2.99, respectively. They also anticipate an approximate ADA estimation of $2.53 throughout 2028.
In 2029, this analysis presumes that ADA’s actual value may fluctuate between roughly $2.65 at the least and $3.81 at the greatest, with a foretold average cost of $3.23. According to the ADA prediction for 2029, it indicates a potential increase of more than 50%.
Upon the unveiling of 2030, the examination envisages that ADA can presumably achieve its highest potential of $4.94, with the least price guesstimated to be around $3.43, based on the ADA appraisal for 2030.
Conclusion
Cardano has successfully supported a vibrant token economy, which points to a bright future, along with its distinctive characteristics and the optimism of ADA whales. Cardano is in a strong position to survive and prosper in upcoming bull markets as it develops and grows, providing a sustainable and cutting-edge blockchain environment for consumers and developers.

RockX, a provider of staking solutions, has established an exclusive partnership with Cactus Custody, the parent company of Matrixport. Through the collaboration, both parties will work to streamline and improve the staking procedure for the advantage of mainline financial institutions in terms of adhering to regulations and enhancing safety.
With staking gaining popularity among institutions that view it as a system that will generate consistent returns, they are encountering certain obstacles. Among them are cybersecurity risks, regulatory barriers, and token slashing risks. With its advanced safety features, Cactus Custody is equipped to resolve these concerns adequately.
The implementation of the Shapella Upgrade has contributed to the exponential growth in the volume of staking on Ethereum. Because of this, establishments have begun favoring digital assets because of their potential for profit.
The Trust and Company Service Providers Unit of Hong Kong and the Financial Market Supervisory Authority of Switzerland have both awarded licenses to Cactus Custody, and the company has received a SOC-2 accreditation as well. There are currently over 300 institutional clients who have entrusted the company with securing vast quantities of digital assets spread across more than 30 blockchains. RockX, on its part, renders staking services to over twenty prime tokens and is credited with having gone beyond the USD 1 billion mark with regards to collectively staked assets. 
Institutional staking has reached a major milestone with RockX and Cactus Custody’s recent partnership. It will be a safe and simple way to store and manage your digital assets. Together, we can provide clarity in the otherwise murky non-custodial staking procedure. 
According to the Head of Cactus Custody, Wendy Jiang, RockX’s advanced blockchain staking system works in complete tandem with their safe asset-control services, providing incomparable yield options for their institutional clients.
According to the chief executive officer of RockX, Chen Zhuling, partnering with Cactus Custody allows institutions to access the space where conventional and decentralized finance overlap. The joint objective of both companies is to pave the way for the transition of conventional finance into the digital asset staking space.
As a global blockchain node network, RockX facilitates user access to Web3. The firm provides superior staking and creation tools for developers across all of the most popular Proof-of-Stake blockchains. Using more than 20 different Layer 1 and 2 networking protocols, RockX has set up an unlimited number of network access nodes. As a result, blockchain technology can gain more widespread use. Over 20 prime tokens, with a total worth of over $1 billion, are held by the company.
Cactus Custody was formally incorporated in 2019. The business provides financial services for digital assets.  The company’s goal is to offer reliable institutional custodial services in the digital realm. In addition to meeting capital reserve requirements and AML standards, Cactus Custody is also a qualified custodian and a Hong Kong Trust Company.

Upbit, the largest crypto exchange platform in South Korea, has suffered a malicious attack on the network, and this attack can only be described as awkward for the platform. Reportedly, someone has deposited fake coins in over 100k accounts. These have later been realized as genuine deposits in terms of APT. What makes this awkward is the fact that Upbit is now calling the affected users and asking them to follow the APT refund process.
There are questions regarding how the largest South Korean platform could enable such an activity or even recognize counterfeit coins as deposits. Upbit has yet to provide an explanation for this, but the exchange platform has informed the community that it has temporarily suspended deposits and withdrawals of APT, Aptos. This was done due to scheduled maintenance, which should conclude as soon as possible. Upbit will then publish a notification or update informing the community that the coin can once again be deposited and withdrawn.
The community has come forward to report that Upbit is personally contacting them via landline calls, requesting the return of unclaimed property.
Per statements that have surfaced, it appears more of a warning wherein Upbit has committed to take legal action if users ignore the call or do not initiate the refund process. This is not your property, a user shared a portion of the statement, adding that Upbit exchange has assured to compensate for the difference, if any, according to market conditions. Upbit has also asked the community to trust them with the request.
Upbit is confident that it will find the culprits behind the scam. This is based on South Korea’s crypto trading environment being heavily built on KYC-compliant grounds, which means that every user is legally registered with all their documents.
When caught, the culprits will face criminal charges for causing obstruction of business. Users who refuse to cooperate will face a penalty for using the platform, or rather, for misusing the platform. Simply put, the only chance that users have to be on Upbit is by following the instructions that the platform’s official authorities are asking them to follow.
The question of how Upbit could let this happen is still being scrutinized. It also makes users wonder if the calls they receive are authentic.
Upbit has a lot of explanations to put forward when it comes to recognizing fake deposits as genuine ones. A lot of users have also sold their real coins, compensation for which has to be stated beforehand.
Meanwhile, APT by Aptos has increased 5.99% in the last 24 hours. It is now being traded at $5.43. While this is definitely a rise, it is also a fall from the value of $5.6098 in less than 4 hours.
A justification for how Upbit recognized fake deposits is still awaited.

The founder of Arrington Capital, Michael Arrington, has made an exit from the company’s board, and in his place, Ravi Kaza will be moving in. Ravi Kaza is with Fahrenheit Holdings, the group that took over Celsius’ assets in May 2023. Arrington Capital is situated in Delaware, and it was established by Celsius, which is currently defunct and was involved in crypto lending. Arrington’s decision to exit came thirteen days after he had given his acceptance to join. 
Arrington has attributed his decision to resign to disagreements over some suggestions that were being discussed and centered on the board’s structure in general and the board observers in particular. He stated that his notification had undergone significant legal revision. He did, however, publicly express his support for the situation and reaffirmed that, while not being a director on the board, his contributions to the business will continue.
After Arrington’s exit, three fresh board observers have been taken on in NewCo, which is presently a nameless corporation that will carry out Celsius’ functions. The prime reason behind Arrigton’s decision is seemingly connected to the joining of Simon Dixon as one of the three fresh observers. 
Dixon, on the other hand, via a quote post and in response to Arrington’s declaration, gracefully wished Arrington success for his future. He also looked favorably toward the onboarding of Kaza. Currently, both Dixon and Arrington remain more or less subdued about speaking any further about the situation. 
This entire occurrence occurred when the creditors of Celsius were looking toward the ending of a vote count for the consent to sell the company’s assets to the Fahrenheit consortium. The outcome of the voting was over on September 22, 2023, with the official declaration to be made on September 25, 2023. 
Immediately following creditor approval of the game plan, the United States Bankruptcy Court for the Southern District of New York will consider the case. The ruling regarding the ultimate approval of the game plan will be heard on October 2, 2023. In the event that the creditors’ resolution fails, both Celsius and Fahrenheit will need to begin a new chapter.

Like Bitcoin (BTC), Litecoin (LTC), and other major altcoins, the Bitcoin Cash (BCH) protocol also witnesses a major halving mechanism that happens every 4 years or 210,000 blocks on the Bitcoin Cash blockchain network. Once 210,000 blocks are added to Bitcoin Cash, the rewards miners in BCH receive are cut in half.

The first BCH halving occurred in April 2020, during which 630,000 blocks were mined. The next BCH halving will take place in 2024 at block 840,000. Bitcoin Cash has a predictable supply schedule, so we can accurately estimate the amount of BCH created in a particular day, month, or year.

In this article, we will focus more on BCH halving and how it will impact the market.

The Purpose of Halving 

Bitcoin Cash halving first took place in 2020 as an independent crypto. BCH was developed in 2017 after Bitcoin’s hard fork. Bitcoin Cash shares many features with Bitcoin. Currently, BCH miners receive 6.25 BCH for every block added to the blockchain. This is also similar to Bitcoin. After the next BCH halving event, the reward will be reduced to 3.125 BCH.

Crypto investors generally pay attention to the impact on rewards after a block-halving event since it increases the scarcity of crypto. Essentially, Bitcoin Cash halving is seen as a positive event as far as BCH prices are concerned. Nevertheless, the crypto market is still quite young, and there is little history to serve evidence and help investors make educated decisions.

This is especially true for Bitcoin Cash since only one halving event has taken place ever since its launch. The halving policy takes place to counteract inflation by maintaining BCH scarcity. Theoretically speaking, the decrease in the speed of Bitcoin Cash issuance implies that the BCH price will rise if the demand for BCH remains the same.

Historical Halvings

Bitcoin Cash had only one halving event on 8 April 2020, which should have coincided with that of Bitcoin, but it did not. This is because BCH uses a different algorithm for mining that enables faster speed for block mining, thereby preponing the date of BCH halving than that of Bitcoin. The halving event started at block 630,000, after which BCH experienced a massive drop in its price.

After the event finally occurred, the Bitcoin Cash price dropped considerably immediately after the coin’s first halving because the traders were using the “buy the rumor, sell the news” strategy. Around 6 weeks later, Bitcoin Cash’s price went 14% lower than its value during the halving event and later remained around the same price level for about six months.

Bitcoin Cash is a unique blockchain network for halving events because users struggle to find a blockchain network with more doubt and scrutiny surrounding the events. Miners are most impacted by crypto halving events since the block mining rewards are cut in half.

With Bitcoin Cash, since the crypto uses the same Bitcoin mining mechanics, it is easy for miners to jump between Bitcoin and Bitcoin Cash hassle-free. BCH halving has resulted in a significant number of miners leaving the network to get better profits elsewhere. Exiting from the Bitcoin Cash network made the mining difficulty levels increase. This has made Bitcoin Cash halving more unprofitable for current miners to mine BCH tokens. Given the current cycle, the upcoming BCH halving event is a controversial topic. However, this is just speculation since no one can predict the halving event in 2024.

Market Expectations and Impact of Halvings on BCH

The next Bitcoin Cash halving event will occur in 2024, with 31,734 remaining blocks. The block reward after the second Bitcoin Cash halving event will be reduced from 6.25 BCH to 3.125 BCH. The predicted BCH price is expected to start at $293.02 in 2024 and finish at $447.58 by the end of the year. The average expected BCH price is most likely to fluctuate around $370.30. 

Based on the historical price movements and Bitcoin Cash prediction, the yearly low BCH price for 2024 is estimated at $290. It may go as high as $450 by the end of 2024. Similar to other crypto assets, Bitcoin Cash price action is also driven by demand and supply.

Major fundamental events like block reward halving, protocol updates, and hard forks influence the dynamics. Historically, the cyclical nature of Bitcoin Cash halving, which takes place every four years, plays a pivotal role in the crypto markets.

Conclusion

Bitcoin Cash and other crypto halvings have become a major fundamental event for crypto investors since it has become interesting to follow how the crypto market develops and reacts around Bitcoin Cash and how BCH issuance is affected as the halving events become more pronounced.

The next Bitcoin Cash housing event will take place in 2024, during which the reward for mining BCH will be reduced from 6.25 BCH to 3.125 BCH. These block records will serve as a mechanism to control BCH supply and keep inflation in check.

So, is BCH worth buying? The answer solely relies on market sentiment, as no one really knows how investors will react to the BCH price action after the next halving event takes place in 2024.

Provenance Blockchain has announced its partnership with Axelar to improve blockchain connectivity within the financial ecosystem. The formal declaration of the union will occur at the Real-World Summit, which will be held in New York. For the uninitiated, Provenance Blockchain is the leading decentralized blockchain developed for financial services, with over $8 billion in real-time financial assets (RWA) total value locked (TVL). Axelar, on the other hand, is the premier Web3 interoperability platform.  

There are speculations that the tokenized asset market’s value will increase to $16 trillion by 2030, up from the current $300 billion. The need of the hour is an efficient mechanism for cross-chain transfer of financial assets. Interoperability is required for financial assets in order to permit uninterrupted and efficient movement, trading, and connectivity with multiple platforms, markets, and financial institutions. This will facilitate liquidity and accessibility for investors and market participants.

The vision behind the collaboration is to make financial assets easily available across blockchains. The incorporation between the layer 1 blockchain for RWAs and the topper in blockchain interoperability will link 49 chains. 

It is known that Provenance Blockchain has supported more than $15 billion in on-chain financial transactions. This refers to more than 70 international institutions and leading fintechs, including Apollo Management, Hamilton Lane Guaranteed Rate, and many others. In the realm of finance, Provenance Blockchain is home to a number of native and operational use cases, including private equity funds, payments, loans, insurance, and trade finance.

According to Anthony Moro, CEO of the Provenance Blockchain Foundation, interoperability has contributed to the growth of the modern blockchain-based financial movement. There was a need for a connection between all asset holders, buyers, and merchants across multiple marketplaces and leading blockchains. This will facilitate the transfer of assets throughout Web3. This is Axelar’s area of expertise.

Axelar is the largest Web3 interoperability platform. It connects multiple public blockchains via a secure, programmable cross-chain network. As a result of the partnership between Provenance Blockchain and Axelar, Provenance Blockchain’s expanding on-chain RWAs will be connected to Web3 using the services and developer tools that have been developed on Axelar’s programmable cross-chain platform. For applications to give users the right amount of cross-chain exposure, Axelar offers General Message Passing (GMP). Axelar protects cross-chain assets and enables the upgradability of cross-chain applications via a collection of 75 authenticators utilizing a proof-of-stake protocol.

According to Sergey Gorbunov, co-founder of Axelar, it is unnecessary to restrict Web3 to public blockchains. There are opportunities to exceed expectations. Through his partnership with Provenance Blockchain, he intends to create an interoperable Web3 within the realm of traditional finance, as well as provide an authenticated and robust financial mechanism to users in all investment segments.

Technological innovation triggers structural change in all areas of the global economy, and banking is no exception. Digital transformation is not just an option for banks but a necessity to remain competitive and meet customers’ evolving demands. Transforming the operations of banks to serve the radically changing habits of today’s consumers is a great challenge. The digital transformation wave continuously gives users options to do just about everything digitally, compelling banks to keep up with the latest trends to stay competitive. Banks have to digitalize quickly and correctly to meet and surpass today’s customer demands with the least disruption to the client. 

As African banks continue their digital transformation journey, they must adopt a top-down approach, integrating digital systems, customer experience platforms, apps, and infrastructure to succeed. For this reason, the Banking Transformation Africa community will land in Johannesburg this October to discuss the way forward in their transformation journey. 

The 3rd Annual Banking Transformation Africa summit will bring the sector together on October 16 – 17, 2023, at the Maslow Hotel in Johannesburg, South Africa, to discuss the future of banking. 

The two-day summit will kick off on October 16 with a lineup of insightful sessions and discussions. The agenda features topics ranging from leveraging digital innovation for customer-centricity and corporate growth, unlocking banking potential in Africa, and exploring innovation in mobile banking. Throughout the day, speakers such as Akash Dowra, Chief Growth Officer and Head of Client Insights at Discovery Bank, Pearl Nkrumah, Executive Director of Retail and Digital Banking at Access Bank Ghana, and Irene Embi Akiy, Executive Head of Digital Transformation – Group Client Solutions at Standard Bank will explore the challenges and opportunities presented by digital transformation, financial inclusion, and sustainability within the banking sector. 

The summit’s second day, October 17, will delve into the future technology landscape of banking as well as the future of payment and lending. 

Sessions will cover topics such as mitigating risk with technology, exploring real-time fraud detection in banking, digital identities in banking, the future of payments: trends, technology, and shifts in digital payments in Africa, and using data and new technologies to transform digital lending in Africa. 

Throughout the event, there will be ample opportunities for networking, collaboration, and engagement with experts in the field. The summit aims to foster discussions on digital culture, technology, innovation, and regulation shaping the banking sector in Africa. 

20 September, Warsaw, Poland: Hipther Agency proudly unveiled the highly anticipated shortlists for the inaugural European iGaming Excellence Awards (EiGE Awards 2023)! The European iGaming Excellence Awards will be making their debut at the European Gaming Congress, held at the illustrious InterContinental Warsaw on 31 October, organized by Hipther.

The European iGaming Excellence Awards aim to recognize and celebrate the exceptional contributions and accomplishments of industry leaders, innovators, and influencers within the European iGaming landscape. EiGE Awards serve as a resplendent platform to applaud excellence, foster a sense of community, and inspire ongoing innovation within the European iGaming sector. As we prepare to celebrate the remarkable achievements of those shaping the industry’s future, the EiGE Awards proudly stands as the beacon where excellence meets recognition.

Here are the shortlisted nominees in each category for the EiGE Awards 2023:-

EiGE Awards 2023 – Shortlists

Best iGaming Operator in 2023

BETANO

1XBET

BET365

888

UNIBET

Best iGaming Supplier in 2023

WAZDAN

BGAMING

BETGAMES

PRAGMATIC SOLUTIONS

EVOPLAY

Best Testing Laboratory in 2023

GAMING LABORATORIES INTERNATIONAL (GLI)

ITECH LABS

ECOGRA

BMM TESTLABS

QUINEL

Best Payment Provider in 2023

TRUSTLY

GUMBALLPAY

NUVEI

COINPAYMENTS

COINSPAID

Best iGaming Product in 2023

WAZDAN

BETGAMES

BGAMING

NUXGAME

SOFTSWISS

Best Customer Service in 2023

SOFTSWISS

SPORTRADAR

NSOFT

BETBY

FAST TRACK

Best Marketing Campaign in 2023

WAZDAN

BGAMING

SQUARE IN THE AIR

SOFTSWISS

OPTIMOVE

Best Responsible Gaming Program in 2023

SOFTSWISS

ENTRAIN

BETTER CHANGE

BETSSON GROUP

GAMBAN

Best Game Developer in 2023

WAZDAN

BGAMING

PRAGMATIC PLAY

GREENTUBE

RELAX GAMING

Best Emerging iGaming Company in 2023

SHAPE GAMES

NUXGAME

AVIATRIX

UNIBO

GAMZIX

Best Mobile Gaming Provider in 2023

WAZDAN

BGAMING

BETGAMES

EVOPLAY

RELAX GAMING

Best Live Dealer Provider in 2023

BETGAMES

PRAGMATIC PLAY

PLAYTECH

EVOLUTION

WINFINITY

Best iGaming Affiliate Program in 2023

N1 PARTNERS

SCATTERS GROUP

PIN-UP PARTNERS

KINDRED AFFILIATES

ROYAL PARTNERS

Best Esports Betting Provider in 2023

1XBET

ODDIN.GG

SIS

PANDASCORE

BETCONSTRUCT

Innovation in iGaming Technology in 2023

WAZDAN

BETGAMES

BGAMING

PRAGMATIC SOLUTIONS

SOFTSWISS

Do you suspect that the price of cryptocurrencies like BitTorrent may be manipulated by influencers? If so, know that it’s possible. After all, the world of crypto is filled with manipulation attempts. From bots to whales, malicious actors have been known to take advantage of unsuspecting investors and manipulate the prices of coins for their gain.

But do these nefarious activities extend to influencer-promoted deals and announcements? In this piece, we’ll investigate if current media attention on BitTorrent results from possible manipulation by powerful individuals in the Bitcoin sector.

Understanding BitTorrent (BTT)

BitTorrent Crypto (BTT) is a distributed file-sharing technique that provides an option to normal centralized platforms such as Dropbox and other cloud storage facilities. This progress has been formulated to supply an additional alternative.

Unlike traditional approaches, BTT utilizes decentralized blockchain technology to effectuate the sharing of files among users. Through this system, users can obtain files from a host of peers (computers incorporated in the network) instead of depending on one centralized server, like Dropbox, owned by a business.

Furthermore, no central institution is needed for file transfers; it is conducted through scattered nodes around the planet. This provides greater confidentiality for the user since their IP address is not revealed when they download or upload something using BTT cryptocurrency technology.

Price Manipulation in Cryptocurrency

The dispersed character of crypto-currencies has been a noteworthy advantage for a long time. Sadly, this feature also renders them prone to market manipulation because of the absence of oversight and control.

The immutable nature of blockchain networks guarantees accurate and transparent recording of transactions, yet this does not erase the vulnerability of cryptocurrency prices to manipulation. Through various forms of trading, dominant market players possessing considerable sums of a given cryptocurrency can artificially inflate prices across markets.

Additionally, suppose they currently possess a notable place of importance related to digital assets such as altcoins or tokens. In that case, they may very well partake in wash trading- a type of market misdirection where one will buy and sell in their own account at exorbitant amounts to try to craft future market sentiments for their own benefit.

Analyzing BitTorrent’s Price Movements

One of the fundamental factors behind the growth of the cryptocurrency market lies in the growth of Bitcoin. As more investors get involved in Bitcoin, the appetite for other digital assets is also likely to rise, increasing the BTT price. Furthermore, an increasing number of crypto exchanges available for trading BTT will also contribute to the hike in demand, as it allows traders to access the tokens more quickly and without much hassle.

The cost of BitTorrent is expected to climb to $0.00000101 by 2023. In 2025, speculation is that it may be exchanged in the region of $0.00000109 to $0.00000157, with an average price of around $0.00000133. Looking into the future BitTorrent prediction for 2030, experts suggest it may trade between $0.00000381 and $0.00000549.

Currently, the price of BitTorrent is hovering around $0.000000472, gaining 0.90% within the last seven days. BitTorrent’s market capitalization is approximately $450,308,921, and its 24-hour trading volume is $9,131,501. 

Overall, the present crypto market is bearish, notwithstanding there is positivity regarding BitTorrent’s long-term possibilities, potentially getting up to $0.00000101 before the close of 2023.

The cost journey of BitTorrent has been replete with unexpected turns and surprises. Presently, the digital asset has a circulating supply of 951,421,714,286,000 BTT and an overall supply of 990,000,000,000,000 BTT.

Is BitTorrent coin dead? Specialists’ scrutinizing analysis portends a bright future for BTT, as it manifests the most modern advancements in decentralized blockchain technology. BitTorrent attained its most elevated value of $0.000003054 on January 18, 2022, whereas its least favorable price was $0.0000004568 on June 20, 2023.

Signs of Price Manipulation

Given the immense popularity of Bitcoin and other digital coins, it is not surprising that some people in the crypto sphere wish to take advantage of innocent investors. One strategy these people use is price manipulation for virtual assets like BTT or BitTorrent tokens.

So, does BitTorrent have potential? Here are three indications to remain vigilant for with regard to unpredictable conduct with regards to a coin: sharp upsurges in trading magnitude, extensive quantities of coins being acquired and sold at the same time by a unified crew, and inadvertent substantial fluctuations on exchanges regardless of a paucity of recent events or product advancements.

Influencer Insights and Predictions

According to Wallet Investor, if you are eyeing virtual currencies for possible returns, it is important to bear in mind that BTT may not be an auspicious 1-year investment option due to its elevated risk. Presently, with a price of $0.000000110, there is a possibility that your investment could experience a decrease in value in the foreseeable future.

Predictions from Bitnation for the anticipated peak price of BitTorrent (New) surmise that the price might hit $0.000001 as the market begins to get robust again. The lowest value projected is $0.000000567, whereas the average value is likely to be around $0.0000007092.

Conclusion

It is hard to give a conclusive answer as to whether BitTorrent is being manipulated or not. Nevertheless, influencers have shared their thoughts on this matter, and multiple variables appear to be influencing the unpredictable crypto market. While it cannot be discarded that some participants endeavor to influence values on some occasions, it is more likely that market indices are the consequence of news accounts and traders’ sentiments.