As a seasoned crypto investor with nearly two decades of experience under my belt, I find myself intrigued by these recent developments in the digital asset world.
U.Today presents the top three news stories over the last weekend of September, check them out!
Former Binance CEO CZ breaks silence following release from prison
After serving his prison term, Changpeng Zhao (also known as CZ), the former CEO of Binance, penned down his initial extensive post on the X platform. In this piece, he discussed his experiences during his first few days as a free man and revealed his upcoming plans. The post commences with CZ appreciating the flavor of food and the privilege of consuming “over one piece of fruit” daily. He expressed gratitude towards the cryptocurrency community for their support, stating that they helped him stay resilient during tough times. Currently seeking rest, CZ intends to map out his next moves soon. Additionally, he offered brief insights into some of his ongoing projects; his educational venture, Giggle Academy, is thriving and will be a significant part of his life. He is also working diligently on completing a book, which has turned out to be more demanding than initially anticipated.
Michael Saylor epic 99% Bitcoin prediction stuns crypto community
In a recent post on X, Michael Saylor, an ardent Bitcoin advocate and co-founder of MicroStrategy, has disclosed a Bitcoin prediction that has piqued the interest of crypto fans. According to Saylor’s projection, approximately 99% of all available Bitcoins will be mined by January 2, 2035. Currently, about 94.1% of the maximum possible supply of 21 million Bitcoins has been mined, leaving around 1.24 million Bitcoins to be generated in the future. This prediction implies a significant increase in mining activity over the next decade, potentially causing about 5% more Bitcoin to be mined earlier than anticipated. Such an early achievement of 99% mined Bitcoin might lead to scarcity for the remaining supply, possibly pushing prices up as demand outpaces availability. Furthermore, the landscape of Bitcoin mining could undergo a major transformation, as miners will need to adjust to reduced rewards for creating new blocks.
XRP price breaks key level that may turn ultra bullish mode on
On September 29th, Sunday, XRP surpassed its crucial 200-day moving average, indicating a robust optimism among traders. This bullish surge, triggered by an 8.47% rise, propelled the value of XRP from $0.5871 to $0.638. Analysts anticipate further price increases for XRP. Although there was a minor retreat in the overall crypto market, XRP’s impressive performance could suggest that investors are positioning themselves ahead of potential news that might impact its value. The token managed to break through a significant resistance level, which has traditionally played a vital role in its pricing trends. Maintaining its position above this level may foster additional growth and potentially escalate XRP into an extremely bullish phase. At the moment, XRP is being traded at $0.623, experiencing a 3.61% drop over the last 24 hours, according to CoinMarketCap.
Read More
- USD ZAR PREDICTION
- LUNC PREDICTION. LUNC cryptocurrency
- BICO PREDICTION. BICO cryptocurrency
- SOL PREDICTION. SOL cryptocurrency
- BTC PREDICTION. BTC cryptocurrency
- USD PHP PREDICTION
- USD COP PREDICTION
- EWT PREDICTION. EWT cryptocurrency
- GBP CAD PREDICTION
- EUR UAH PREDICTION
2024-09-30 19:25