Hakan Ateşler 
Brad Garlinghouse, the famous CEO of Ripple, the company behind XRP, spoke at the South Korean Blockchain Week. Garlinghouse said they will release the company’s stablecoin in a few weeks. The US executive stated that he is ‘more optimistic than ever’ on the basis of the next 5 years for cryptocurrencies.
Bitcoin fell sharply during the night hours and fell below $56,000. While the declines in the US markets and Asia also attract attention, experts cite the low US Manufacturing Industry data as the reason. Friday’s non-farm employment and unemployment data will also be critical for the price trajectory.
While the tension between RIOT and Bitfarms, two major Bitcoin mining companies in the North American region, continues, an open letter from RIOT to Bitfarms was shared today.
Recently, the Upbit exchange, where serious rises have occurred in that cryptocurrency or token after its listings, announced the UXLINK token listing. After the news, the market value of $25 million reached $70 million in a short time.
The whale account, which bought 1000 BTC last week when Bitcoin fell below $60,000, and made a new purchase of the same amount on Sunday night, continues its purchases.
The elections in the US, which will take place in early November, are of great importance for the cryptocurrency world, while the wind behind Kamala Harris seems to have calmed down at the moment. The latest polls show that Trump is again ahead in some states that go head to head.
The hacker who hacked WazirX, one of India’s largest cryptocurrency exchanges, in July and stole $234 million worth of cryptocurrency, sent 2600 ETH to Tornado Cash. Hacker or hackers are thought to belong to the North Korea-linked Lazarus group.
For 6 months, Binance executive Tigran Gambaryan, who has been imprisoned in Nigeria in a prison with poor conditions, had to come to court again as a result of the harsh behaviour of the authorities, even his request for a wheelchair was rejected. Experts state that Gambaryan’s physical and mental health is getting worse and worse.
While the cryptocurrency world is discussing whether there will be a new decline scenario in Bitcoin, a whale that opened a new wallet made a large purchase of 2 altcoins. The whale chose WLD and PEPE to make purchases.
As Bitcoin leaves behind a challenging summer period, expectations for September remain uncertain. In particular, the high probability that the Fed will start interest rate cuts raises price forecasts, while some analysts highlight that September is generally red in colour.