Bitcoin and Ethereum: September Could Mark a Reversal
According to an article by Coin Kurier, both Bitcoin and Ethereum have suffered significant losses in recent months. The Ether price has fallen by 20 percent since early May, while the decline for Bitcoin has been more moderate. In June, the price was still above $70,000.
Crypto analyst Ryan Lee explained to BTC-ECHO the crucial factors for investors in September. Historically, Bitcoin performs the worst in September, which however could guarantee a positive return for the following months.
XRP Poised for Explosive Growth: Legal Clarity and Central Bank Tests Boost Ripple
According to FinanzNachrichten.de, the XRP coin could significantly increase in value in the near future. Despite rather modest price performance over the last six years, Ripple has several advantages over other cryptocurrencies. A key point is the legal clarity following Judge Torres's ruling, which states that sales to private investors do not constitute securities transactions.
In addition, Ripple is heavily focused on central bank digital currencies (CBDCs) and has already been tested by more than ten central banks. This could result in Ripple's success being less dependent on the outcome of the US elections compared to many altcoins.
Inter Milan Signs Multi-Million Deal with Blockchain Company BlockDAG
According to sportsbusiness.at, Inter Milan has signed a significant sponsorship deal with blockchain company BlockDAG. The contract involves several million euros and makes BlockDAG the first official blockchain partner of the Italian football club.
The partnership aims to foster innovation both on and off the field. As part of this collaboration, BlockDAG will showcase its technology on match days at San Siro Stadium and increase brand awareness through social media campaigns and exclusive content with Inter Milan's star players.
Gaming Blockchain Oasys Partners with Financial Giant SBI Holdings for Revolutionary Gaming Solutions
According to an article by Bitcoin-Nachrichten, the gaming blockchain platform Oasys has announced a significant partnership with the Japanese financial conglomerate SBI Holdings. This collaboration aims to further advance blockchain technology in the gaming sector and develop new innovative solutions.
SBI Holdings sees great potential in integrating blockchain solutions into the gaming sector and plans to raise awareness among more game developers and encourage their use of these technologies.
Bitcoin and Ethereum in September: Experts Anticipate Possible Reversal Due to Interest Rate Cut
According to BTC-ECHO, both Bitcoin and Ethereum have suffered significant losses in recent months, with Ethereum (ETH) being particularly hard hit. Finanzen.net reports that many investors are now hoping for a possible reversal in September after August's losses – a glimmer of hope could be interest rate decisions such as the expected cut by the Federal Reserve in mid-month, which could provide stimulus.
Sources:
- Bitcoin und Ethereum: September könnte die Trendwende bringen
- XRP vor explosivem Anstieg: Rechtliche Klarheit und Zentralbank-Tests stärken Ripple
- Inter Mailand schließt Millionen-Deal mit Blockchain-Unternehmen BlockDAG ab
- Gaming-Blockchain Oasys kooperiert mit Finanzgigant SBI Holdings für revolutionäre Gaming-Lösungen
- Bitcoin und Ethereum im September: Experten erwarten mögliche Trendwende durch Zinssenkung
- Trump will USA zur Krypto-Hauptstadt machen und Bitcoin-Vorräte aufbauen
