Crypto Price Analysis 8-14: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL
The post Crypto Price Analysis 8-14: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL appeared on BitcoinEthereumNews.com. The crypto market is back in bullish territory, buoyed by Bitcoin (BTC) surging to a new all-time high. The flagship cryptocurrency smashed its previous all-time high of $123,091, surging past $124,000 to reach $124,457. However, it lost momentum following its new record, dropping to $121,411 before moving to its current level. BTC is up over 1% in the past 24 hours, trading around $121,670. Meanwhile, the crypto market cap is up 0.89% at $4.14 trillion. Ethereum (ETH) continued its upward trajectory as it reclaimed the $4,700 mark after a brief wobble. The world’s second-largest cryptocurrency is up 1.13%, trading around $4,728. Solana (SOL) continued rising after crossing $200, reaching $209 before losing momentum and moving to its current level. Cardano (ADA) has registered substantial bullish sentiment over the past 24 hours, up nearly 11%. Meanwhile, Ripple (XRP), Dogecoin (DOGE), Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) traded in the red, registering substantial declines. New Google Play Rules Won’t Affect Non-Custodial Wallets New Google Play rules will require crypto wallet providers in 15 jurisdictions, including the US and the EU, to be licensed and comply with “industry standards.” However, the rules do not affect non-custodial wallets. According to Google Play’s policy notice, the new changes come into effect on October 29. US-based developers will need to register with local regulators as a money services business or money transmitter, while EU-based developers must register as a crypto asset service provider. US-based companies registered with the Financial Crimes Enforcement Network (FinCEN) as money services businesses must also meet specific requirements and implement an anti-money laundering program. Google addressed concerns regarding the impact of the new policies after uproar from the crypto community, stating, “Non-custodial wallets are not in scope of Google Play’s Cryptocurrency Exchanges and Software…
The post Crypto Price Analysis 8-14: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL appeared on BitcoinEthereumNews.com.
The crypto market is back in bullish territory, buoyed by Bitcoin (BTC) surging to a new all-time high. The flagship cryptocurrency smashed its previous all-time high of $123,091, surging past $124,000 to reach $124,457. However, it lost momentum following its new record, dropping to $121,411 before moving to its current level. BTC is up over 1% in the past 24 hours, trading around $121,670. Meanwhile, the crypto market cap is up 0.89% at $4.14 trillion. Ethereum (ETH) continued its upward trajectory as it reclaimed the $4,700 mark after a brief wobble. The world’s second-largest cryptocurrency is up 1.13%, trading around $4,728. Solana (SOL) continued rising after crossing $200, reaching $209 before losing momentum and moving to its current level. Cardano (ADA) has registered substantial bullish sentiment over the past 24 hours, up nearly 11%. Meanwhile, Ripple (XRP), Dogecoin (DOGE), Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) traded in the red, registering substantial declines. New Google Play Rules Won’t Affect Non-Custodial Wallets New Google Play rules will require crypto wallet providers in 15 jurisdictions, including the US and the EU, to be licensed and comply with “industry standards.” However, the rules do not affect non-custodial wallets. According to Google Play’s policy notice, the new changes come into effect on October 29. US-based developers will need to register with local regulators as a money services business or money transmitter, while EU-based developers must register as a crypto asset service provider. US-based companies registered with the Financial Crimes Enforcement Network (FinCEN) as money services businesses must also meet specific requirements and implement an anti-money laundering program. Google addressed concerns regarding the impact of the new policies after uproar from the crypto community, stating, “Non-custodial wallets are not in scope of Google Play’s Cryptocurrency Exchanges and Software…
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