According to Cointelegraph, Mário Centeno, the Governor of Banco de Portugal, has emphasized the need for a global framework to regulate cryptocurrencies. In his opening speech at the 2023 Banco de Portugal Financial Stability Conference on Oct. 2, Centeno called for international cooperation to establish a robust framework and prevent regulatory arbitrage. He stated that it would be short-sighted to believe that regulating and supervising global risks and international players at the national level would be sufficient. Centeno also discussed the undeniable risk of crypto assets and decentralized finance (DeFi) being unviable in the long run. He expressed skepticism about the democratizing potential of digital assets and their ability to survive. He cited the collapse of several products during the Covid-19 pandemic as evidence of their unsustainability. While praising the European Union's first comprehensive crypto framework, Markets in Crypto Assets (MiCA), Centeno insisted on further international consolidation of regulatory efforts under the principle of 'same risk, same regulation.' Similar sentiments have been expressed by officials from Germany and India, highlighting the need for global collaboration on formulating crypto regulations.

Solana’s TVL Surge Sparks Speculation Across Crypto Community ‼READ BELOW‼ Solana’s total value locked has surged to a new 2023 high of $338.82 million today, sparking speculation within the crypto community about the reasons behind why this might be the case. 💫 Solana's total value locked reaches $337.49M, its highest in 2023, stirring speculation within the community. 💫 Despite losing 60% in TVL since the start of 2022, SOL has increased since court-approved liquidation of FTX estate. 💫 Amid concerns over SOL's price reaction, markets are 'notoriously terrible' at pricing in supply distribution events.

According to a pseudonymous crypto expert, there exist five justifications for adopting a positive stance towards the upcoming quarter and the overall year. This assertion was made on Twitter on Sunday. Initially, the individual referenced the observation that October often exhibits robust performance for Bitcoin. #bitcoin has not experienced a decline in the month of October since the year 2018.An analyst has identified five factors that might potentially drive the price of Bitcoin (BTC) to reach $40,000 in October. Additionally, the Bitcoin Minetrix has reached a value of $350,000. The historical track record of favourable price performance during the month of October possesses the potential to stimulate more market participation from buyers, so engendering a self-fulfilling prophesy. Several factors contribute to the current market conditions. Firstly, there is an expectation of the US Federal Reserve initiating a cycle of interest rate cuts. Additionally, the presence of an election year often results in a favourable environment for equities. Moreover, the Securities and Exchange Commission's impending judgements on spot Bitcoin ETF applications, together with the imminent Bitcoin halving, are also influencing market dynamics. As the proximity to 2024 increases, an escalation in optimistic forecasts is anticipated, leading to substantial purchasing demand towards the conclusion of the year. The individual contended that as speculations increase, so do expectations, and hence, markets are influenced by these expectations. Considering the aforementioned factors, it is plausible to anticipate Bitcoin (BTC) attaining new annual peaks and progressing towards the $40,000 mark in the current month. This would indicate a significant increase of 44% from the present value, which is little around $28,000.

About Today's Market Movements for the Next 6-12 Hours & BTC Market Update : Looking at the Total Market Capitalization chart, excluding BTC and ETH, it appears that a reversal trend is forming. This suggests that around 80-90% of the markets may see gains of 3-5%. Notably, this chart broke above the strong support level at 329.578B and is attempting to form a reversal trend, indicating the arrival of a strong bullish momentum. We are poised to enter a bullish market. I see some markets with the potential for gains of more than 10%, including $OGN , $LQTY , $FRONT, $CFX, and $SFP. $BTC Update: BTC also appears to be in a bullish mode. It hasn't reached the strong support level at 27,219.7 and is trying to create a reversal trend. The bullish momentum is becoming evident, and in the next 4-8 hours, we might witness a substantial pump. I've highlighted this strong bullish sentiment on the chart. You can consider closing your short positions and opening LONG positions now, with leverage of up to x100. Spot traders can acquire BTC tokens at the market price. Expect #BTC to gain strong bullish momentum in just a few hours, with today's high expected to reach $28,300. It's advisable to set your targets within this price range. Note: All this information is based on 1H chart analysis and has been confirmed by me. Therefore, it is likely to be accurate. Please be patient and wait for the target to be reached. Always trade with proper risk management, and avoid taking high risks, as the crypto market is highly volatile. Thank You Author(X&T) : KingofBTC2024

TOP 5 CRYPTO TO BUY BEFORE BTC HALVING CYCLE The next Bitcoin halving is expected to happen in the spring of 2024, with current estimates pointing to mid-April as the most likely timeframe for the halving. Bitcoin halvings, which happen every four years, have so far been pivotal events for the crypto markets, marking the beginning of bull runs. ⭐️Ethereum - The undisputed leader in smart contracts ⭐️BNB - A scalable alternative to Ethereum with support from Binance ⭐️Arbitrum - The leading layer 2 for Ethereum ⭐️Solana - One of the fastest and most efficient blockchains ⭐️Dogecoin - A meme coin with mainstream appeal

🔥 ⚔️ 😱 🏹 🔥 Discover another 10x chance to power up your #crypto portfolio! League of Kingdoms (LOKA) 🏰 $LOKA League of Kingdoms is a massively multiplayer online (MMO) strategy #game developed by NPLUS Entertainment. It is set in a fantasy world where players 🤩 build their own kingdoms, 🪖 train armies, and battle against other players or computer-controlled opponents. It is a blockchain-based game, 🎎 players can own their in-game assets as NFTs. This allows players to 🛒 trade and sell their assets on secondary markets, and it also gives them a sense of ownership over their in-game progress. League of Kingdoms is a popular game with 😱 over 10 million players worldwide. It has been praised for its immersive gameplay, its innovative blockchain features, and its 💪 strong community. #LOKA is the 🪙 native token of the League of Kingdoms game metaverse, a virtual world where users can create, interact, and play games. It is used to purchase goods and services in the metaverse, and it can also be staked to earn rewards. What to do with LOKA? 🤔 1️⃣ Exclusive access: Access to exclusive content and experiences in the Loka game 🧛 metaverse 2️⃣ Governance: Allowed to participate in governance decisions 👥 3️⃣ Staking: Earn rewards by staking LOKA tokens 💰 If you are a fan of strategy games or blockchain games, then you should definitely check out League of Kingdoms. 😀 Play in the Winter, Harvest in the Spring! #cryptonews #cryptocurrency 🔥🚀

🚨 ATTENTION 🚨 🚀🔥BREAKING EVENING NEWS 🌆🌙😨 📈 🔥Check below🔥 📈VanEck Ethereum ETF Fund Goes Live, Now Trading. First-ever exchange-traded funds based on Ethereum futures debut in remarkable victory for industry💹 📈MATIC Price Hits 1-Month Peak as Google Becomes Official Polygon Validator💹 📈Tokens with Big Chains May Increase by 10X If Market Cycle is Validated. Full-time trader and crypto analyst Jackis stated that if the market is nearing a retracement from the depression phase, then, tokens belonging to big chain ecosystems would increase by 10 times. Furthermore, he named tokens such as Avalanche (Avax), Solana (SOL), Polkadot (DOT), and Arbitrum (ARB).💹 📈nChain CEO Departs Amid "Conspiracy" and "Faketoshi" Controversy💹 📈Chainalysis: Hong Kong and China’s OTC Markets Remain Active Despite Crypto Winter💹 Dont forget to follow #CryptoTalks for more BREAKING NEWS 💸🔥

Speculation on #XRP price trajectory is as enthralling as it is divisive. A utopian price of $$$+ by 2025 has been floated around, defying the present modest price of $0.5. But could Ripple’s XRP really defy gravity and soar to such stratospheric heights? Unpacking the Hype Mass Adoption Mirage: The theory of XRP dominating a sizable share of global markets is more of a daydream than a plausible scenario. The over-saturation of the crypto market alone casts a long shadow on such ambition.Regulatory Hurdles: The cloud of regulatory scrutiny hovering over XRP adds a layer of uncertainty that's hard to ignore.Market Saturation: The crypto space is not just crowded; it’s a jam-packed arena with new entrants continually diluting market share. The $$$$ Illusion Exorbitant Expectations: Even by #crypto standards, a % price surge is an outlier, not a likely outcome.Macro-economic Misalignments: Perfect alignment of global economic factors is a requisite for such a price rally, a scenario that’s more fictional than factual.Technological Treadmill: In a space where today’s innovation is tomorrow’s antique, can XRP continually reinvent itself to stay ahead? Unrealistic Utopia "If #bitcoin did it, why can't Ripple?" is a flawed analogy. It's akin to expecting every seed to sprout into a mighty oak, overlooking the unique nurturing conditions Bitcoin had. The optimism around XRP replacing fiat or becoming the banking standard is fantastical at best. While XRP holders might fancy their digital coins as golden tickets, the reality could be far less chocolaty. Conclusion Investing in XRP or any other crypto is a personal choice, laden with its own set of risks and rewards. It's essential to pierce through the veil of over-enthusiasm and base financial decisions on grounded research, not whimsical forecasts. And remember, in the vast crypto theatre, many players are vying for the spotlight, each with its own script of promises. $XRP $BTC $BNB #DeFiChallenge