Last Week in Crypto: Highlights in the World of Cryptocurrencies
As we kick off another exciting week on Monday, September 30rd, 2024 at 9:00:05 AM EST (3:00:05 PM CET), we delve into the latest price action of the top ten cryptocurrencies, as per Coin Market Cap. Join us as we analyze these figures and anticipate how the market will unfold throughout the week. Subsequently, we will compare these prices with the closing figures of Friday, October 4th, 2024, at 6:00:02 PM EST (12:00:02 PM CET), to gain insights into the week’s market trends and fluctuations.
| CRYPTO | INITIAL | % CHANGE | FINAL |
|---|---|---|---|
| BTC | $63,562.26 | -1.79% | $62,427.42 |
| ETH | $2,633.43 | -7.72% | $2,430.11 |
| BNB | $576.55 | -3.42% | $556.84 |
| SOL | $154.37 | -6.91% | $143.71 |
| XRP | $0.6349 | -15.78% | $0.53 |
| TON | $5.8256 | -7.13% | $5.41 |
| DOGE | $0.1206 | -8.71% | $0.11 |
| ADA | $0.38 | -8.55% | $0.35 |
| AVAX | $28.66 | -8.03% | $26.36 |
MOODENG Madness: From $815 to $9.4M in Just 17 Days!
In an incredible crypto tale, a trader turned 6 SOL (about $815) into $9.4 million by investing in MOODENG, a meme coin inspired by the Thai celebrity hippopotamus “Moo Deng.” Within just 17 days, this investment skyrocketed to an astonishing 11,534x profit, capturing the crypto community’s attention. MOODENG’s meteoric rise showcases the unpredictable excitement of meme coins on the Solana blockchain!
Binance Goes Live in Argentina!
Binance is officially up and running in Argentina after securing its registration as a virtual asset service provider with the National Securities Commission. This milestone marks Binance’s 20th regulatory approval worldwide, following similar successes in Kazakhstan, India, and Indonesia. Argentine users can now access the exchange’s full suite of services, bolstering Binance’s commitment to regulatory compliance and global expansion.
Ripple Teams Up with Mercado Bitcoin for Fast Crypto Payments in Brazil
Ripple has partnered with Mercado Bitcoin, a leading Brazilian crypto exchange, to launch a new tool for crypto-enabled international payments. This collaboration promises local businesses faster, cheaper, and more efficient cross-border transactions, with settlements completed in minutes, 24/7. This initiative marks a significant step in integrating cryptocurrency into everyday business operations in Brazil!
PayPal Boosts Crypto for Merchants: Litecoin Joins the Party!
PayPal has expanded its crypto offerings for U.S. merchants, enabling them to buy, hold, sell, and trade Bitcoin, Ethereum, Litecoin, and PayPal’s own stablecoin, PYUSD, directly from business accounts. This move aligns with the growing trend of cryptocurrency adoption, as companies like MoneyGram and AMC also integrate crypto payments. As PayPal strengthens its role in the digital currency space, merchants gain more tools to leverage crypto in everyday transactions!
SWIFT to Test Digital Assets with Banks in 2025
In a groundbreaking move, SWIFT has announced plans to initiate digital asset trials in 2025, involving banks from North America, Europe, and Asia. These trials aim to explore transactions with multiple digital currencies, potentially bridging the fragmented crypto landscape. As traditional banking begins to embrace digital assets, this initiative could enhance transaction efficiency and promote regulatory clarity, paving the way for a more interconnected financial future. Keep an eye on this development!
Sources
https://www.crypto-news-flash.com/moodeng-investor-hits-jackpot-turning-815-into-9-4m-in-days/
https://cointelegraph.com/news/swift-bank-digital-asset-transaction-trial-2025
