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Bitcoin hit $19,200. BTC targets $19,650 at 10:30 UTC. If bulls win, prices might jump 5%-8%. Most altcoins may rise. After consolidating over $1,300, ETH may reach $1,350. XRP hits $0.45 resistance. ADA is $0.435 Bitcoin price Bitcoin surpassed $19,200. BTC surpassed $19,200 and 50-hour SMA. $19,650 and $19,700 offer strong resistance. Before climbing, prices may stabilize above $20,000. Price may fall to support if $19,650 isn't broken. Approaching $19,300. $18,500 may be offered below $19,000. Bitcoin cost Ethereum $1,300. ETH overtook $1,320 and 50-hour SMA. It's fighting $1,340 and an hourly negative trend line. If $1,350 falls, $1,400 might return. Ether could collapse if it can't break trend line resistance. $1,308 is initial assistance. Below $1,280, pricing could hit $1,255. Cardano (ADA) prices continue near $0.435 on BNB, SOL, DOGE, and XRP. If it rallies, it might reach $0.45. Otherwise, the price could drop to $0.42. BNB is almost $282. Resistance is $285. Pric

The Australian cryptomarket might reach 1 million users this year. By 2023, over a million Australians will have acquired cryptocurrency for the first time. Analysts predict that the overall number of cryptocurrency users will approach 5 million in the next 12 months. Within a few years, more than half of adult Australian residents under the age of 50 will own cryptocurrency. Almost a quarter of Australians own cryptocurrencies or have prior experience with digital assets. The absence of dependable government regulation and a lack of awareness of crypto technological principles are among the key negative factors impacting the degree of digital asset ownership. The Australian Ministry of Finance aimed to exclude cryptocurrency assets from taxes as a foreign currency and urged individuals to participate in this discussion.  

On Friday, The Walt Disney Company advertised a position for a principal counsel specializing in non-fungible tokens (NFT) and decentralized finance (DeFi). The listing alludes to the company's broader Web3 expansion across its various business lines. To lead its metaverse strategy, it appointed Mike White as senior vice president of next-generation storytelling and consumer experiences in February. White will be in charge of creating a "metaverse," or the fusion of in-person and digital experiences. Disney announced in July that its Accelerator program would focus on "creating the future of immersive experiences."  

Russian officials are now focusing on the settlement process for cryptocurrency payments made in international trade. The creation of domestic infrastructure for trading in digital assets is covered under the "On Digital Currency" bill, which was originally proposed by the finance ministry earlier this year and altered with input from other agencies. According to Rosfinmonitoring, businesses that conduct exchange operations using digital money should be subject to regulation.  

To help spread cryptocurrency to the masses, Electric Capital CEO and co-founder Avichal Garg thinks nonfungible tokens (NFTs) are important. In contrast to other subgenres of cryptocurrency, NFTs are tied to more tangible, everyday activities like the creation and consumption of art, music, and games. If high inflation continues to dominate the macro picture, as Garg predicts it will, the bear market could last for another year or two.  

The long-awaited Ethereum merge occurred on Thursday, and the network successfully upgraded to proof of stake. Despite this, the price of ETH has dropped by 18.5% in the last three days.  A break below $1,400, a level not seen since late July, seems imminent for the second-largest cryptocurrency by market capitalization. In the hours following the merge, traders dumped over $127m worth of ETH, plummeting its price. The SEC's decision to consider proof-of-stake cryptocurrencies like ETH as securities may have accelerated the pace of the sell-off.  

The European Union has announced a new working system based on blockchain technology. The new tracking capability will assist IP holders in authenticating manufactured goods in order to reduce forgery. Before 2023, the European Union will officially launch its new supply chain tracking solutions system. This will be one of the most ambitious NFT implementations in crypto's short history.  

According to a joint analysis produced by BCG and ADDX, asset tokenization will grow into a $16.1 million economic potential by 2030. According to the paper, the growth estimate was developed after evaluating the possibility of the 'crypto winter,' which has forced investors to focus on more realistic blockchain use cases. Real estate, stocks, bonds, and investment funds are likely to account for the majority of worldwide growth in tokenized assets. Between 2022 and 2030, the expected rise is a 50-fold increase, from US$310 billion to US$16.1 trillion. According to one research, "tokenized assets are predicted to account for 10% of global GDP by the end of the decade."  

  The Japanese government has distributed non-fungible tokens (NFTs) to local governments in exchange for their innovative use of technology to address pressing societal issues. Seven mayors were recognized for their efforts to foster the growth of the digital economy in their respective cities. The Maebashi team's idea to use smartphones' built-in cameras to monitor traffic in real-time won them an NFT prize, too. The Ethereum-based proof-of-attendance (POAP) NFTs were issued using the same infrastructure as the NFTs distributed at the Liberal Democratic Party Youth Bureau event. As a result, they cannot be transferred, these assets are not marketable in secondary transactions. Japan's tech-friendly and forward-thinking government have legitimized cryptocurrency trading. The head of state has shown interest in NFTs on multiple occasions in the past. As a result, the recent government activity might be continued as a tradition for the Japanese.

According to Mikhai Kossar, a chartered accountant and member of Wolves DAO, an organization that offers advice to NFT gaming projects in their early phases of development, "some players will always go wherever they can to make more money." An outstanding analysis of the markets for "play to earn" games can be found in Neirin Gray Desai's article on NFT and crypto gaming, which mainly focuses on Minecraft servers and Axie Infinity.  The wealth disparity between players may be exploited in play-to-earn (NFT) games to provide a unique experience. According to Kossar, guild ownership and management may one day challenge the conventional wisdom of wealthy Western gamers overseeing those in underdeveloped nations. "You might utilize individuals in the Philippines as NPCs with the cheap labor of a developing nation," he said.  

According to a recent analysis from global auditing and consulting firm KPMG, global investment in cryptocurrency firms declined from a record $32.1 billion last year to $14.2 billion in the first half of 2022. The downturn is expected to last through the end of 2022. Venture capital investors poured $550 million into crypto custody business Fireblocks, $450 million into Ethereum infrastructure builder ConsenSys, and $400 million into crypto trading FTX in the first half of the year. KPMG also predicts that in the second half of the year, investors will migrate from firms supplying tokens and NFTs to blockchain infrastructure initiatives, particularly the use of blockchain in the modernization of financial technology.   

Officials from the IMF investigated the organization's justification for developing a central bank digital currency (CBDC) settlement platform. Banks are not as eager to trust other organizations as quickly as they once were when the state of the global economy worsens. As a result, a small number of very powerful institutions can now exert control over the financial industry. Money that has been tokenized would be "transferable to anybody and accessible to anyone with the correct private key." The deployment of CBDCs and stablecoins is now being considered by 105 nations, according to statistics from the Atlantic Council. Additionally, the platform's ledger may be used to create smart contracts, "which are essentially programmable transactions," enabling businesses to hedge foreign exchange risks or guarantee future fund inflows in financial agreements.  

It's hard to transfer money between African countries. The Ghanaian king settled a bill with a Nigerian attorney. His experience highlights a systemic problem impeding Africa's economic growth: high transaction costs and inconvenience. 15% of all imports and exports occur between 55 African countries. 60% of Asian trade is within Asia. 70% in EU. The difficulty of international payments hinders African trade. There are also high tariffs, long border procedures, and congested roads. Proponents of AfCFTA say easing trade restrictions will boost trade, FDI, and economic growth. 50 million people will be lifted out of extreme poverty by 2035 due to the accord's positive impact on real income, which is projected to rise 9.1%.  Another issue: In Africa, currency values fluctuate. From July 2021 to 2022, Ghana's currency fell from 6 to 8. Volatile currencies make financial transactions more costly and risky. To overcome these problems, PAPSS facilitates financial transactions

In May of 2021, Singaporean cryptocurrency exchange Crypto.com accidentally reimbursed two sisters from Melbourne AUD$10.5 million. There was a mistake with the payment box, and money was sent to the wrong account because of it. Manivel Thevamanogari has already used a portion of the money to purchase a mansion with five bedrooms in Craigieburn for AUD$1.35 million. The problem initially surfaced in May of 2021, but it wasn't discovered until the end of the year during the yearly audit in December of that year. She was warned of contempt of court charges unless she sold the property and returned the remaining funds. In October 2022, the court will hear the matter again.