Sam Bankman-Fried Can't Focus Without His Medication: Defense
SBF's attorneys are requesting a day off on Tuesday during the trial to resolve any unresolved issues if a solution cannot be reached.
This Week on Crypto Twitter: War, the FTX Trial, and a New Tether Chief
Following Genesis, a collapsed crypto lender, imposing a new freeze on withdrawals, the news was met with humorous responses like jokes and memes.
Nigerian gov supports AI initiatives with $289,980 in grants
The Nigerian government plans to provide grants of $6,444 each to 45 artificial intelligence startups and researchers as part of the Nigeria Artificial Intelligence Research Scheme. The scheme aims to promote the use of AI in various sectors such as agriculture, education, finance, governance, healthcare, utility, and sustainability, and applicants must submit research proposals aligned with these focus areas.
On-Chain Tracker Notices Major Difference Between Bitcoin And Ethereum Whales
Bitcoin whales have been accumulating more BTC since 2018, while Ethereum whales have been selling their holdings, possibly due to transferring funds into Ethereum smart contracts. The percentage of Ethereum supply tied in smart contracts has surpassed the supply held by whales with over 1,000 ETH, suggesting that bullish ETH whales are maximizing their gains.
Bitcoin traders eye weekly close volatility with $27K BTC price on radar
Bitcoin price analysis is focused on the $27,000 mark, with predictions of potential breakthroughs and support at that level. Traders and analysts are expecting increased volatility and volume, and there is a belief that $27,000 will serve as a benchmark for long-term support.
Coinbase Decries SEC ‘Bureaucratic Pantomime', Again Demands a Decision on Crypto Rules
The exchange has been pressing the SEC for guidance on determining if digital assets qualify as securities for more than a year.
Bitcoin Spikes 10% on False Report of BlackRock ETF Approval
Cointelegraph initially posted and later removed a tweet announcing the approval of the iShares-Blackrock ETF application.
God Mode: 9 Things to Watch, Read, and Play Before 'Alan Wake 2'
Prepare for the release of Alan Wake 2 this month by immersing yourself in these spooky recommendations to get into the survival horror sequel's atmosphere.
Ferrari to Start Accepting Crypto Payments in U.S: Reuters
Ferrari has plans to expand its scheme to Europe due to high demand from affluent customers. This move will allow more wealthy individuals in Europe to access the scheme.
UK’s ‘Help with Fees’ scheme won’t define crypto as disposable income
The proposed 'Help with Fees' scheme by the UK Ministry of Justice will not consider cryptocurrencies as disposable income for individuals seeking legal assistance. The scheme aims to provide financial support for court fees to low-income individuals and ensure access to justice.
With Bitcoin’s Fourth Halving Under 200 Days Out, What’s at Stake for Miners?
Bitcoin's fourth halving, which cuts the supply rate in half, is expected to occur in April 2024. This guide provides information on the halving's impact and what to expect.
Tether Freezes 32 Addresses Linked to Terrorism and Warfare in Israel and Ukraine
Tether, the stablecoin issuer, has taken action by freezing 32 cryptocurrency addresses associated with activities related to terrorism and warfare in Israel and Ukraine. This was reported in a press release.
US Treasury Sanctions Gaza-Based Bitcoin Exchange Tied to Hamas
OFAC has identified connections between the exchange and Hamas fundraising activities as well as individuals who have provided support to ISIS.
BackTheBunny - Money, Conspiracy, Milady
Host Reza Jafery interviews BackTheBunny about topics including money, the ongoing battle against cryptocurrency, and milady culture. Their discussion can be found on the Twitter profiles of both Reza Jafery and BackTheBunny.
LIVE: Former FTX Executive Nishad Singh Takes Stand in Case Against Sam Bankman-Fried
Nishad Singh, the former engineering head at FTX, testified against his ex-boss and friend in court on Monday. Although once part of the company's inner circle, Singh provided evidence that could potentially incriminate his former colleague.
Here’s potential Bitcoin price range if spot ETF gets approved
After a false rumor caused the price of Bitcoin to surge, the cryptocurrency has stabilized but the future remains uncertain.
Where Is Crypto Policy Heading in a Post-FTX World?
CoinDesk's "State of Crypto" Week is an analysis of the outlook for legislative and regulatory measures on digital assets in Washington D.C. It delves into the prospects and potential developments in this area.
Crypto investor protections in EU won’t take effect until late 2024
The European Securities and Markets Authority (ESMA) has stated that protections for cryptocurrency investors under the Markets in Crypto-Assets Regulation (MiCA) will not be effective until December 2024 at the earliest, and full rights and protections may not be granted until July 2026. This means that investors must be prepared for potential financial losses and limited regulatory safeguards when investing in crypto assets.
Bitcoin Takes The Lead As Crypto Funds See Third Straight Week Of Inflows
According to recent data from CoinShares, there is continued faith in the crypto sector, particularly in Bitcoin, as digital asset investment products have seen steady inflows for three weeks. In the past week alone, Bitcoin-centric products received $16 million in inflows, contributing to a total of $260 million for the year, while other cryptocurrencies like Solana and XRP also experienced positive investment movements.
Why Congress Will Be the Dollar’s Downfall
Congressional inaction may lead to de-dollarization as other nations become more motivated to transition away from the U.S. dollar, both allies and adversaries. It is crucial for Americans to understand the potential consequences in order to make informed voting decisions and drive the economy towards the desired outcome.
Bitrace Reveals Over 3.4 Billion Risky TRC20 USDT Flowing into OTC Addresses: Report
Almost one-fifth (19.4%) of the addresses mentioned have been associated with money laundering activities.
Tokenized RWAs Could Grow to a $10T Market by 2030 as Crypto Converges to TradFi: Report
Crypto asset management firm 21.co predicts that the market for tokenized real-world assets may reach a value of $10 billion by 2030. This growth is attributed to the maturation of cryptocurrencies and their integration with traditional financial systems.
Europe's AML regulations come at a high cost — for your privacy and otherwise
The European Union's anti-money laundering laws have significant implications for personal privacy and impose high costs on both consumers and financial institutions. These regulations raise ethical questions about the extent to which personal data should be compromised in the pursuit of security.
Analyst Points Out Weird Bitcoin Activity On Bybit & Deribit Before Flash Surge
An analyst has discovered suspicious Bitcoin buying activity on Bybit and Deribit prior to a rapid surge in Bitcoin's price yesterday. The taker buy-sell ratio on these platforms reached extremely high levels, suggesting significant buying volume that may have been influenced by advance knowledge of false news regarding a SEC-approved BTC spot ETF.
Hong Kong-Based Crypto Exchange OSL's Owner Weighing Sale at $128M Valuation: Bloomberg
BC Technology Group is considering selling its crypto exchange OSL for HKD 1 billion ($128 million), as per a report by Bloomberg. OSL provides services such as prime brokerage, cryptocurrency exchange, and custody of digital assets.
Judge orders Genesis to respond in five days to subpoena in Terraform case
A district judge in New York has ruled that Genesis, a crypto lender, must comply with a subpoena related to the collapse of TerraUSD.
Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False
The market is experiencing a downward trend due to the release of higher-than-anticipated U.S. PPI and CPI data.
Cardano Whale Addresses Continue To Fall, What Does This Mean For ADA Price?
The balances of large ADA whales have been declining, indicating that they may be selling off their holdings during market recoveries. As a result, the number of ADA holders experiencing losses has increased significantly, with only 6% of them seeing profits.
SEC Holds Back from Appealing Court Decision on Grayscale Bitcoin ETF: Report
The agency's decision to delay does not imply immediate approval of a spot Bitcoin ETF.
Jimmy Zhong Arrest Details Revealed in New Report
Zhong has been sentenced to one year in prison for his involvement in stealing bitcoin from the Silk Road online marketplace.
Australia Proposes New Licensing Regime for Crypto Exchanges, Aims for Draft Legislation by 2024
Australia is planning to introduce draft legislation by 2024 that will establish regulations for licensing and custody requirements for crypto asset providers.
Bitcoin could ‘easily’ reach $15 trillion market cap, says Anthony Scaramucci
Anthony Scaramucci believes that Bitcoin has the potential to become a $15 trillion asset, reflecting its significant value and growth potential.
Coinbase Trading Volume Slows Further as Crypto Winter Continues: Berenberg
The bank expresses concern that COIN's consumer take rate may decrease as competition intensifies in the smaller crypto market.
Bitcoin Inches Closer to $30K as ETF Hope Drives Bulls
Bitcoin forks experienced higher gains than other major tokens within the last 24 hours.
Solana Price Direction Remains Hazy Despite 10% Weekly Rally
The recent price surge of Solana (SOL) faced resistance at $25, leading to a reversal in early October. However, market sentiment remains positive, with indicators like the Relative Strength Index (RSI) and the Chaikin Money Flow (CMF) showing positive trends, indicating a recovery in buying pressure, although cautionary notes remain about potential price reversals and resistance at $25.
Fed governor Bowman doubles down on CBDC skepticism, likes stablecoin no better
Michelle Bowman, a Federal Reserve Board governor, expressed concerns about financial innovation in a speech at Harvard Law School. She discussed topics such as central bank digital currency (CBDC) and stablecoins, highlighting the need for proper regulation and the potential risks associated with CBDCs.
‘Extra Bullish’ On XRP? Crypto Analyst Pinpoints The Perfect Timing
Seasoned cryptocurrency analyst Dark Defender has shared a detailed chart analysis of the XRP/USD trading pair, indicating several significant indicators that point towards a bullish trajectory for XRP. These indicators include the interaction of XRP with the Ichimoku Cloud, the Relative Strength Index (RSI) "Double Tap" event, and Fibonacci retracement levels, suggesting a potential bullish reversal for XRP in the near future.
Tesla Keeps Bitcoin Stash Steady at 9,720 BTC in Q3
During the third quarter, Tesla maintained its Bitcoin holdings at 9,720 BTC without making any purchases or sales.
‘MiCA Would Have a Different Scope If Negotiated Today’ Says EU Financial Watchdog
The European Securities and Markets Authority (ESMA) advised investors not to view crypto assets as "safe" due to the forthcoming Markets in Crypto Assets Regulation (MiCA) rules, which will be effective from 2025. These rules imply that there are potential risks associated with investing in crypto assets.
What’s Next for Grayscale, Spot Bitcoin ETF After SEC Declines to Appeal Court Decision?
An analyst suggests that SEC Chair Gary Gensler will likely give his approval to the long-awaited vehicle in the near future, as there seems to be limited alternatives for him.
Nishad Singh testifies on Sam Bankman-Fried's 'excessive' investments through Alameda
Former FTX engineering director, Nishad Singh, testified in a New York courtroom that Sam Bankman-Fried, former CEO of FTX, had the final say in purchases and would unilaterally spend Alameda's money. Singh also mentioned investments made by Bankman-Fried in Anthropic and K5 Global without prior approval.
Starknet and zkSync buck trend as crypto ecosystems shed devs by 28%
Monthly active developers in the crypto ecosystem declined by 28% in October, but Ethereum layer-2 scaling solutions Starknet and zkSync saw increases of 3% and 6% respectively, according to a developer report by Electric Capital. Overall, the total monthly active developers fell by 27.7% over the past year.
Nintendo 64 to Get 4K Upgrade in 2024 With New Analogue Console
The Analogue 3D is a console compatible with Nintendo 64 games, offering the ability to play them in 4K resolution, and includes Bluetooth controllers for wireless gameplay.
Sam Bankman-Fried's Lawyers, DOJ Propose Final Sets of Jury Instructions
The U.S. Department of Justice and Sam Bankman-Fried's defense team have submitted their proposed jury instructions following the conclusion of witness testimony, which is expected to occur in the coming weeks.
Tether Freezes 32 Suspicious Addresses Linked to Ukraine and Israel Conflicts
Tether announced that it froze 32 addresses connected to activities involving war, terrorism, and crime, with ties to Israel and Ukraine. The stablecoin issuer also stated its collaboration with Israel's National Bureau for Counter Terror Financing.
Sam Bankman-Fried’s trial is telling a story of classic financial deceit
The trial of FTX CEO Sam Bankman-Fried is unfolding like a binge-worthy Netflix series, with revelations of fraudulent balance sheets and potential bribery. Despite the drama, the overwhelming evidence suggests that SBF will likely face a guilty verdict, highlighting the importance of returning to the core principles of self-custody and decentralization in the crypto community.
Uniswap Labs to Charge 0.15% Fee on Crypto Swaps Involving ETH, USDC, Other Tokens
Uniswap, a prominent DeFi exchange, has announced that it will introduce a small fee, marking the first time the platform will charge users.
Jameson Lopp calls for more Bitcoin experimentation and sidechains
Casa CTO Jameson Lopp believes that expanding the functionality of Bitcoin could have a significant impact.
Bitcoin Eyes $29K, Defying Fresh Crypto Lawsuit, Rate Fears
The New York Attorney General has filed a lawsuit against Genesis, Gemini, and DCG, accusing them of defrauding investors out of $1 billion. The lawsuit claims that these companies engaged in deceptive practices to deceive and harm investors.
Habbo Game Plans to Keep Using NFTs Without Uttering Dirty Crypto 'Jargon'
The social web game is making changes to how it promotes its NFT integration, but it remains committed to its blockchain project.
What is an NFT and why do they have value?
This article provides an overview of Non-Fungible Tokens, covering their definition, origin, and the reasons behind their value. The author explains what Non-Fungible Tokens are, how they emerged, and why they hold value in the market.
Hybrid crypto exchange GRVT to debut as first ‘hyperchain’ in zkSync ecosystem
Hybrid crypto exchange GRVT will be launched as the first "hyperchain" by zkSync, according to Matter Labs.
How Economic Policy and Geopolitical Uncertainty Could Affect Crypto Markets
The absence of regulatory approval for spot Bitcoin ETFs means that Bitcoin is likely to continue being seen as a speculative asset instead of a secure investment choice.
Bitcoin price shrugs off bears, but mining stocks take a beating: Report
The crypto mining sector is becoming more competitive as Bitmain releases a new Antminer rig. Publicly traded crypto companies, especially those in the mining sector, experienced significant declines in stock prices, with some losing almost one-third of their valuation.
What is MiCA? What the EU Crypto Governing Framework Means for You
MiCA, a regulatory framework, does not apply to the majority of non-fungible tokens (NFTs) and decentralized finance (DeFi) applications that operate without intermediaries. However, it does include fractionalized NFTs, NFT collections, and DeFi apps with intermediaries.
Grayscale submits new filing to SEC in attempt for spot bitcoin ETF approval following pivotal court ruling
Grayscale has submitted a new registration statement to the SEC with the aim of transforming GBTC into a bitcoin ETF.
Central Bank of Argentina to introduce 'digital peso' bill 'as soon as possible'
The Central Bank of Argentina has expedited its efforts to create legislation for the implementation of a central bank digital currency (CBDC) in the country, following remarks about the potential benefits of CBDC for the national economy. The CBDC, known as the "digital peso," was proposed by the Minister of Economy and presidential candidate Sergio Massa and is expected to be presented to the national Congress soon.
XETA Genesis Promises Amplified Returns: A Closer Look at the DeFi Magic
The description explains that while the crypto market is known for its volatility and potential for high returns, there has been a lack of strong and sustainable growth recently. As a result, investors are now seeking alternative methods for earning high returns from the market, such as XETA Genesis.
Uniswap V4 Expected To Be Huge, But Is This Requirement A Dealbreaker?
Uniswap Labs is set to introduce Hooks, a new feature that enhances innovation, in the upcoming release of Uniswap v4, positioning it as a leading decentralized exchange. However, a critic on social media platform X claims that the exchange lacks proper know-your-customer protocols.
NFT Creator Royalties Are Broken—Yuga Labs and Magic Eden Join Group Trying to Fix Them
The Open Metaverse Alliance has enlisted the support of industry leaders, Yuga Labs among them, to contribute to the development of NFT royalty standards. This collaboration aims to establish guidelines for ensuring fair compensation for creators in the emerging world of metaverse-based digital assets like NFTs.
NetMind AI Unveils the Beta Version of Netmind Power For Decentralized Machine Learning
Tech start-up NetMind.AI has released the Beta version of NetMind Power, a decentralized platform that enables ML researchers and practitioners to train and fine-tune ML models using a global network of volunteer computing resources. The Beta version is currently free to use for a limited time.
UPbit Receives Preliminary Greenlight From Singaporean Authorities
The Singaporean government has recently been approving several cryptocurrency platforms, despite past disappointments in the industry. The most recent platform to gain approval is left unnamed.
Base network launches 8-week training course for blockchain developers
Base Bootcamp is an eight-week training course offered by the team behind Ethereum layer-2 Base network. The program aims to turn traditional software developers into blockchain developers by providing mentorship, access to engineers, and a dedicated Discord server.
FTX Bankruptcy Estate Stakes $150M SOL and ETH as Sam Bankman-Fried's Trial Continues
Blockchain data indicates that addresses linked to the failed cryptocurrency exchange, which are managed by a group of creditors, have begun staking tokens to generate income. These addresses, connected to the bankrupt exchange, are actively earning yield through this process.
The Synergy of PoW and PoS in Decred
Decred's hybrid consensus mechanism, combining Proof of Work and Proof of Stake, improves security and decentralization in their blockchain. Additionally, they use a computational trading AI to enhance their system.
Chainalysis Says Crypto’s Role in Terrorism Financing is Exaggerated
Chainalysis highlights that estimates on cryptocurrency-related terrorism financing tend to be exaggerated when considering all transactions facilitated by intermediary service providers.
Platypus Finance recovers 90% of assets lost in exploit
Decentralized finance protocol Platypus Finance has recovered 90% of the assets stolen in a security breach, with the project developers choosing not to pursue legal action against the hacker. The protocol's net loss was limited to $167,400, and withdrawal information for users' assets will soon be posted.
Shiba Inu: Here Are Hints for What Shytoshi Kusama’s Mysterious Tweet Means for SHIB Army
Shytoshi Kusama, the leader of the Shiba Inu development crew, has shared a cryptic message with the SHIB community on the X platform, quoting lyrics from a popular American singer's song.
Crypto yield platform Haru Invest to suspend server
Cryptocurrency platform Haru Invest is considering suspending its server to cut down on server maintenance expenses after already ceasing withdrawals in June 2023. The move is aimed at reducing costs associated with providing their services.
According to WSJ, One of the World's Largest Bitcoin Whales is the USA!
The Wall Street Journal reported that the US government is one of the largest Bitcoin whales in the world. For more details, you can visit the article linked.
Mysten Labs CEO thinks strategic money will flow into crypto despite slowdown
The CEO of Mysten, the creator of the Sui blockchain, is hopeful that cryptocurrency will shift its focus from speculative investments to being based on merit and value.
Staking Platform Lido Finance Announced That It Will Not Accept New Staking Requests For This Altcoin!
Lido Finance, a decentralized staking platform, has announced that it will no longer accept new staking requests for tokens of a specific altcoin.
Crypto funds recorded net inflows for third consecutive week led by Bitcoin
Digital asset investment products have seen positive net inflows for three weeks in a row, with Bitcoin funds being the most popular choice.
Uniswap V4 Open-Source Directory Sparks Controversy Over New KYC Hook
The unveiling of an open-source directory for Uniswap v4 hooks has caused a debate in the crypto community regarding a KYC verification hook. This hook allows for KYC checks on users before trading in token pools, representing a convergence of regulatory compliance and decentralized finance amidst increased government scrutiny of DeFi.
Platypus Recovers 90% of Stolen Funds from Recent Exploit
Platypus DeFi protocol has recovered 90% of the funds stolen in a recent exploit, leaving a net loss of around 18,000 AVAX. The protocol is grateful for the community's assistance, plans to facilitate the withdrawal of liquidity providers, and is working on compensating affected users from previous attacks while improving security measures.
Bitcoin Price Spikes Following Fake BlackRock ETF Announcement: $100 Million Liquidated
Bitcoin's price rose quickly from $27,900 to $30,000 after a false announcement about BlackRock's Bitcoin spot ETF approval was shared on social platform X. This led to increased trading activity.
Reddit plans to sunset its blockchain-based reward service Community Points
Social media platform Reddit will discontinue its blockchain-based reward service, Community Points, due to scalability limitations exacerbated by regulatory challenges. Despite the support of moderators and communities, the decision to pull the plug is in response to the difficulties in expanding the platform.
Chamber of Digital Commerce opposes SEC's overreach in Binance lawsuit
The Chamber of Digital Commerce is challenging the SEC's enforcement-based approach to classifying digital assets as securities and penalizing cryptocurrency businesses, claiming that it hampers innovation and causes companies to relocate. The Chamber appeals for the dismissal of the Binance vs. U.S. SEC lawsuit, arguing that the SEC lacks the congressional authority to oversee all digital assets as securities.
Bitcoin Price Rising: Can Bulls Sustain This Momentum?
The price of Bitcoin surged over 10% this week on rumors of an SEC approval for a spot Bitcoin ETF by iShares, leading to speculation about the sustainability of this momentum for the cryptocurrency.
An Open Letter To Apple: Tim Cook Can Revive Apples Legacy With Bitcoin 180
The letter appeals to Apple to revise its App Store policy regarding Bitcoin payment integrations in apps, suggesting that the current restrictions limit innovation and hinder the adoption of cryptocurrencies. It calls for a reconsideration of these policies to allow for more flexibility and encourage the growth of Bitcoin and other digital currencies within the Apple ecosystem.
Focus on BTC fundamentals, says Edward Snowden - Bitcoin Amsterdam
Prominent Bitcoiners and contemporary adopters emphasized the importance of focusing on the fundamental value proposition of Bitcoin, rather than just its price, in order to gain mainstream acceptance. Edward Snowden, in his address at the Bitcoin Amsterdam conference, highlighted Bitcoin's role in providing individuals with control over their wealth and privacy in a world of government surveillance and devaluing fiat currencies.
Genesis Ordered to Comply With Terra Subpoena Within 5 Days
A crypto firm has been accused of non-compliance with a probe into the collapsed stablecoin by a New York judge. The firm failed to fulfill the requests made during the investigation.
California Governor Signs "BitLicense" Crypto Licensing Bill Into Law, Effective July 2025
California Governor Gavin Newsom has approved a crypto licensing bill, which will establish regulations for businesses in the crypto industry, effective from July 2025. The bill aims to provide a framework for operations in the industry.
U.S. Treasury Seeks to Name Crypto Mixers as 'Money Laundering Concern'
The U.S. Department of the Treasury's financial crimes arm is seeking to classify crypto mixers as a "primary money laundering concern" to address illicit crypto finance. This move aims to target anonymous crypto funds used by terrorist groups, such as Hamas, that have benefited from these operations.
Binance Futures Lists a New Altcoin with 20x Leverage!
Binance, a cryptocurrency exchange, has revealed that they will be adding a new altcoin to their futures trading platform. The new altcoin will be available for trading with 20x leverage.
Meme Coin Market Plummets $3.2 Billion in 2023: Dogecoin and Shiba Inu Lead Declines
The meme coin market has lost over $3 billion in value since the beginning of 2023, with dogecoin and shiba inu experiencing the largest declines. Dogecoin lost $2.46 billion in market cap, while shiba inu saw a decrease of approximately $1.22 billion over the past nine months.
Uniswap Labs to institute 0.15% fee on select assets and frontends
Starting on Tuesday, traders using frontends developed by Uniswap Labs will be charged a 0.15% fee, according to an announcement made by Uniswap founder Hayden Adams. The fee is intended to serve as a means to...
Australia Government Wants Crypto Exchanges to Possess a Financial Services License
The Australian government is planning to enforce a requirement for cryptocurrency exchanges in Australia to obtain a financial services license from the Australian Securities and Investments Commission. The legislation is expected to be drafted in 2024 and exchanges will have a one-year grace period to comply with the new regulations. The aim is to protect consumers in the cryptocurrency market.
XRP Expert Says “Nothing Will Happen in October for XRP”
An influential member of the XRP community advises caution due to the uncertain future of XRP in October, as it continues to trade below the $0.5 market price despite the recent support from Bitcoin in the digital asset market.
Clarification on sharing false spot Bitcoin ETF news
Cointelegraph apologizes for posting unverified news on social media about a spot Bitcoin ETF and explains the sequence of events that led to the error. They express regret for the impact caused and vow to review their social media management processes to prevent similar incidents in the future.
This is ETH’s Last Line of Defense Before a Major Potential Crash (Ethereum Price Analysis)
Ethereum faced a strong rejection from the 100-day moving average, leading to a sharp decline. It found support at the 61.8% Fibonacci retracement level, which is a critical level and a last hope for the bullish trend.
BREAKING: Tesla Released Its Third Quarter Earnings – Did It Sell Bitcoin?
Tesla, the company owned by Elon Musk, released its third quarter earnings report, prompting speculation about whether the company sold any of its Bitcoin holdings. More information can be found in the article "BREAKING: Tesla Released Its Third Quarter Earnings – Did It Sell Bitcoin?" on bitcoinsistemi.com.
Uniswap to charge 0.15% swap fees beginning Oct. 17
Decentralized exchange Uniswap will start charging a 0.15% swap fee on certain tokens starting October 17, but fees will not be collected on inter-stablecoin trades or swapping between Ethereum and Wrapped Ether. Uniswap is one of the most popular decentralized exchanges with a total value locked of $3 billion and annualized protocol fee revenue of over $271 million.
Dev platform Stack Overflow axes 28% of staff as AI competition grows
Stack Overflow, a technology Q&A forum, is cutting its headcount by 28% due to a decline in web traffic resulting from the popularity of AI chatbots like ChatGPT. However, Stack Overflow is working on its own AI solution called "Overflow AI" to provide personalized and trustworthy solutions to developers.
Near Protocol (NEAR) Price Falls to 100-Day Low – Is the Bottom Close?
The price of Near Protocol (NEAR) dropped to $0.97 on October 19, its lowest level since 2020. The Relative Strength Index (RSI) indicates bearish trends across various timeframes, prompting speculation about when NEAR will hit its bottom.
SEC to Intensify Crypto Market Monitoring and Examinations
The U.S. Securities and Exchange Commission (SEC) has announced that it will intensify its monitoring and examinations of the crypto asset market in 2024. The SEC will focus on activities such as offering, selling, trading, and advising on crypto assets or related products.
Ripple CTO Challenges Hoskinson Over U.S. Regulatory Treatment of ETH
Ripple CTO David Schwartz criticized Cardano founder Charles Hoskinson for claiming that the United States Securities and Exchange Commission shows favoritism towards ether. This controversy arose from a conspiracy theory surrounding the regulatory treatment of different cryptocurrencies.
Canada central bank assesses innovations and challenges of DeFi
The Central Bank of Canada published a staff note on Decentralized Finance (DeFi), highlighting its innovations and challenges. The note discusses the potential of DeFi in transforming the financial system but also raises concerns regarding regulatory oversight and vulnerabilities within the ecosystem.
Pro-Ripple (XRP) Lawyer Bashes the SEC After Fake BTC ETF News
John Deaton prefers to heed the opinions of judges over others when it comes to the SEC, as their voices carry substantial weight.
Reddit to wind down blockchain-based rewards service ‘Community Points’
Reddit is shutting down its blockchain-based rewards service called "Community Points" due to scalability concerns. Users will no longer earn or see Points in their Reddit Vault after November 8th.
Playable Grand Theft Auto on Netflix? Just 'Rumors,' Says Streaming Giant
A report suggests that Netflix might acquire the licensing rights for a Grand Theft Auto game, but Netflix is not providing any confirmation to fuel the speculation.
Chinese Developers Eager To Build On Solana: Will SOL Breeze Past $30?
The Solana Hyperdrive hackathon has attracted a significant number of developers from China, suggesting that Solana may be popular in the country. This notable participation from Chinese developers could be a boost for Solana and indicate its potential in the Asian market.
US expands export controls for AI semiconductor chips to China
The United States Department of Commerce's Bureau of Industry and Security has expanded export controls on AI semiconductor chips, including new performance thresholds, licensing requirements expansions, and a notification requirement. The goal is to restrict China's ability to purchase and manufacture high-end chips critical for military advantage.
Crypto Research Firm Predicts 200% XRP Price Rally To $1.5
Crypto research firm Sistine Research predicts a bullish trajectory for XRP, stating that the token has a positive chart in the crypto market. Their analysis suggests that the XRP price could rally to as high as $1.5, representing a 200% increase from its current price of $0.49.
Spot Bitcoin ETF Approvals Could Add $1 Trillion to Crypto Market Cap, CryptoQuant Says
According to CryptoQuant, if the ETFs are approved, the bitcoin market cap is predicted to increase by $155 billion. This projection is based on their analytics models.
A Bitcoin ETF is coming to the US. Here’s what to expect when that happens
Bitcoin, created 15 years ago, is the central figure in the blockchain industry, well-known and influential in the broader cryptocurrency ecosystem. It continuously energizes and guides the development of the sector.
Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch
Scroll, a new zkEVM solution, has launched its mainnet, allowing existing Ethereum applications and developer tool kits to migrate to their scaling solution. With the goal of providing lower transaction costs and higher throughput, Scroll works by batching transactions off-chain and submitting minimal data summaries to Ethereum's mainnet.
Fidelity Digital Assets becomes first enterprise client of EY’s blockchain tool
Fidelity Digital Assets will use a web-based analytics dashboard to access on-chain data and analyze it for risk management purposes. This will help them make informed decisions and manage potential risks effectively.
Chainlink price could reclaim its failed 5% rally as whales add 5 million LINK in a week
The price of Chainlink experienced a 5% increase before ultimately settling at $7.57. LINK whale addresses have been accumulating an additional $38 million worth of tokens in the past week, while retail traders hold 49% of the supply.
BlackRock Amends Bitcoin ETF Prospectus, Acknowledges Fierce Competition
BlackRock has updated its prospectus for a Bitcoin exchange-traded fund (ETF) application, now acknowledging competition in the market. The amended filing was submitted to the SEC.
Ripple vs. SEC Lawsuit Update October 16th
The US SEC appears to be in a less favorable position in the dispute, but the ultimate resolution will be decided by a trial scheduled for April next year.
Lido Finance Sunsets Solana Staking Product After DAO Vote
Developers have announced that the staking service for SOL tokens will be phased out gradually in the coming months.
Millions of Ripple (XRP) and Bitcoin (XRP) Liquidations on False BTC ETF Rumors: Bits Recap Oct 17
XRP experienced a rapid increase to $0.51 shortly after the dissemination of false information, while SHIB is witnessing a significant reduction in its available tokens through burning processes.
Binance.US Crypto Deposits Lose FDIC Insurance Coverage
Binance.US has updated its policy for fund withdrawal, making it mandatory for customers to convert their USD into stablecoins or cryptocurrency before withdrawing funds. This new requirement aims to align with the platform's focus on digital assets and provide customers with additional options for fund withdrawal.
Ethereum co-founder Vitalik Buterin sends $15M of USDC to Gemini
Blockchain analysts have discovered that Ethereum co-founder Vitalik Buterin transferred $14.9 million worth of USD Coin (USDC) to Gemini exchange. This information was shared in a post on October 17.
Ripple Is on a Winning Streak (but the Game Isn't Yet Won)
The description is about how to make a delicious chocolate cake. The steps include mixing the ingredients, pouring the batter into a greased pan, and baking it in the oven.
Polygon proposes 13-member ‘protocol council’ to supervise smart contract upgrades
The Protocol Council, consisting of 13 members, will oversee Polygon's smart contract upgrades.
XRP Teeters on Edge: Is Massive Breakout Looming?
A recent analysis of the XRP/USDT pair on Binance reveals potential market dynamics and highlights interesting patterns on the chart. By dissecting key elements, investors can forecast potential future movements for XRP/USDT on Binance.
Shiba Inu price rises 6% as SHIB pivots to the lower mean threshold
The price of Shiba Inu has recently increased by approximately 6% in five days, recovering from a low point. Despite a potential for 15% gains, weak momentum and early profit taking hinder the realization of this upside potential.
Alameda and FTX Bankruptcy Addresses Stake $10M in Polygon (MATIC) – How Will Price React?
On September 29, the Polygon (MATIC) price broke out of a long-term descending resistance trendline. However, it is still trading below the $0.60 horizontal resistance area, despite FTX and Alameda staking nearly $10 million in Matic.
Cointelegraph’s ETF Misinformation and the “USA Whale” Involvement
Cointelegraph's incorrect reporting on Bitcoin spot ETF approval caused Bitcoin's price to fluctuate. The error was attributed to an unverified screenshot from a supposed Bloomberg Terminal, leading to speculation about the involvement of a "USA whale" in the situation.
XRP On The Cusp Of Redemption? Unveiling Data-Backed Insights
XRP, the cryptocurrency at the center of a legal battle between Ripple and the SEC, is experiencing uncertainty in its price due to the ongoing case. However, recent analysis suggests a potential positive shift in market sentiment, with XRP potentially entering an upward trend after a prolonged period of decline. The examination of XRP's price movements reveals a critical support level, while the "death cross" phenomenon looms as a concerning development. Despite the legal environment and price fluctuations, the trading volume of XRP does not show a significant increase in selling volumes, providing some assurance for holders and traders. While the legal battle continues to impact XRP, market participants remain cautiously optimistic for its future trajectory.
Lightning Network Sees Record Adoption Amidst New Applications
A recent report reveals a substantial surge in Lightning Network growth, exceeding 1200% since August 2021. Additionally, the market witnesses a continuous influx of new applications.
MT Tower Elevates the Metaverse Experience: Listed on MEXC Exchange and Redefining Engagement, Authenticity, and Inclusivity
MT Tower, based in Madrid, Spain, is leading the way in the metaverse revolution by transforming the influencer and social media landscape into an immersive wonderland. Their commitment to cutting-edge technology promises to bring excitement and innovation to this digital realm.
How high can Bitcoin price go by 2024?
Bitcoin's price has been soaring in 2023, thanks to a banking crisis and optimism about a Bitcoin ETF approval. Analysts predict that the price could continue to climb, with targets ranging from $32,000 to $50,000 by the end of the year.
Binance Q3 report appraises crypto market as ‘challenging’ amid high interest rates
Binance's Q3 market pulse report revealed a challenging quarter for the crypto market, with a decrease in global market capitalization and fundraising. NFT sales declined, but transactions with NFTs increased overall, and gaming tokens led the way in NFT sales.
Bitcoin Liquidity on Binance Plummeted During the ETF Rumor-Induced Market Rollercoaster: Kaiko
Binance, the largest cryptocurrency exchange globally, experienced a disadvantage on Monday as traders seeking to trade bitcoin faced better opportunities on platforms like Kraken and Coinbase. Despite its trading volume dominance, Binance fell behind its competitors in terms of speed and availability for bitcoin trading.
India state refiner HPCL uses blockchain to verify purchase orders
Hindustan Petroleum, one of India's largest oil and gas companies, is partnering with blockchain software firm Zupple Labs to launch a blockchain system for automated verification of purchase orders. The system, called LegitDoc, will allow HPCL to issue digital POs to vendors without manual verification, and third-party verifiers can directly verify the validity of POs on the HPCL website.
Google Defends AI Training Practices Amidst Data-Scraping Allegations
Google is asking a California court to dismiss a class-action lawsuit accusing the company of violating privacy and property rights. The tech giant argues that the claims lack merit and should be dismissed.
Taproot Assets Arrives on Bitcoin Mainnet: A New Era of Digital Assets
Lightning Labs has launched the mainnet alpha for Taproot Assets, enabling stablecoins and other digital assets to be supported on Bitcoin. This development marks a significant milestone in the integration of various types of assets with the Bitcoin blockchain.
Reddit Crashes Community Tokens After Platform Pulls Plug
Reddit is ending its blockchain-based Community Points program, leading to significant drops in the values of associated tokens like Moons and Bricks, which fell by 85% and nearly 70% respectively.
ProShares to Launch Short Ether Strategy ETF (SETH) in November
SETH, a new asset, will be listed on NYSE Arca and offers investors the opportunity to benefit from the inverse performance of the S&P CME Ether Futures Index, allowing them to capitalize on declines in the price of Ethereum.
Wintermute partners with stablecoin issuer Mountain Protocol to strengthen USDM liquidity
Users can redeem Mountain's USDM tokens for USDC at their convenience through Wintermute's liquidity provision service.
Swipe right? SBF’s ‘Love is Blind’ approach to politics was never real
The description tells the story of Sam Bankman-Fried, who is portrayed as a villain in the world of cryptocurrency, where trust is hard to come by. His story is likened to the unconventional connections formed on reality TV show Love is Blind.
Crypto data firm Coin Metrics raises $6.7 million from new investor
Crypto data firm Coin Metrics has secured $6.7 million in funding, as revealed in a filing with the Securities and Exchange Commission.
Binance US Says Crypto Deposits Are No Longer FDIC Insured
The description states that accounts and digital assets do not have FDIC insurance coverage, and users must convert U.S. dollars into stablecoins or another cryptocurrency before withdrawing them. A stablecoin is a type of cryptocurrency that aims to maintain a stable value.
Major Luxury Car Manufacturer Now Accepts Bitcoin, Ethereum, and USDC for Payments
Ferrari, responding to requests from its affluent clients, has announced that it will start accepting cryptocurrency as a form of payment in the United States and later in Europe, allowing customers to use digital currencies to purchase their luxury sports cars.
China Advocates for CBDC Programmability in Macroeconomic Policy
A Chinese foreign currency regulatory representative is suggesting the use of programmable attributes in China's Central Bank-Backed Digital Currency (CBDC) to make monetary policy tools more effective. This proposal aims to enhance the benefits of CBDCs, which have the potential for widespread use.
Spot Bitcoin ETF is Inevitable: Jay Clayton (Throwback Thursday)
Bitcoin (BTC) is performing better than the stock market due to speculation about the approval of a Bitcoin ETF by the SEC. A former SEC Chair has expressed optimism about the approval, suggesting that it is a matter of time.
Bitcoin Thief’s Decade-Long Heist: Solving The Mystery Of The Stolen Silk Road BTC
In 2012, 50,000 Bitcoin were stolen from the Silk Road, a dark web marketplace, and the stolen BTC's value has since soared to $3 billion, making it a significant unsolved mystery.
Swiss Bank Offers Clients Crypto Lending Product
Dukascopy, the Swiss online bank, has launched a lending service that lets customers borrow money using their cryptocurrency as collateral. With this solution, users can receive up to 50% of their digital asset's value in fiat currency while still keeping their original holdings.
BitGo Buys Crypto Wealth Management Platform HeightZero
HeightZero is a platform that offers various services for managing crypto portfolios, including rebalancing, generating statements, tax loss harvesting, and automated billing.
DeFi Defies Crypto Fundraising Slump, Secures $210M: Messari
During the third quarter, DeFi emerged as the leading sector with 68 funded projects, showcasing significant growth and investment in the decentralized finance space.
Dogecoin Price Would Likely Pump on Bitcoin ETF Approval (Op-Ed)
The spot prices of cryptocurrencies like Dogecoin are also expected to rise if a Bitcoin ETF is approved, as they have shown a correlation with Bitcoin's price movement. This indicates that Dogecoin's value is influenced by the market sentiment surrounding Bitcoin.
Fantom Foundation employee loses at least $7 million of crypto in exploit
Andre Cronje has confirmed that an employee of Fantom Foundation was hacked, resulting in the loss of millions of dollars of crypto.
Billionaire ‘Bond King’ Jeffrey Gundlach Warns US Dollar’s Reserve Currency Status at Risk Due to Rising National Debt
Billionaire investor Jeffrey Gundlach, also known as the "Bond King," is worried that the increasing national debt could jeopardize the US dollar's status as a reserve currency. Gundlach emphasized the importance of bringing the budget and spending under control to avoid potential inflation and protect the future of the US dollar.
This US Bitcoin Mine With China Ties Has the Pentagon and Microsoft on Edge
The Pentagon and Microsoft are raising concerns about a Bitcoin mining operation in Wyoming owned by Chinese nationals, which is located near a Microsoft data center and a military base. The operation, associated with five other similar mines, is prompting security concerns due to its proximity to sensitive locations.
The Sandbox Hires Ex-PlayStation, Apple Exec to Drive Game's Creator Economy
Nicola Sebastiani, an industry veteran with experience at Ubisoft and PlayStation, has been appointed to spearhead The Sandbox's efforts in the creator economy. In this new role, Sebastiani will play a crucial role in advancing the platform's development and growth.
Uniswap Rolls Out Swap Fees to Fund Growth
Uniswap, a decentralized crypto exchange, will introduce trading fees of 0.15% per trade on selected tokens, including ETH and USDT, starting tomorrow. This announcement was made by Uniswap Labs CEO Hayden Adams.
Coinbase Removes 80 Trading Pairs: Details
Coinbase has recently eliminated 80 non-USD trading pairs due to a decrease in trading activity.
Ripple job posting hints at possible IPO, XRP community says
The fintech company Ripple released a job posting for a "Shareholder Communications Senior Manager," which has led many to speculate that the company may be considering going public. The role involves communicating with shareholders and developing strategies for investor relations, emphasizing the need for creating materials typically associated with an initial public offering (IPO) process.
Cryptoverse: Winter is coming as ether funds flounder in fall
The crypto market is experiencing a period of weakness as it enters the autumn season, and investors are becoming increasingly concerned. The launch of ether-based exchange-traded funds in the U.S. has further highlighted the current decline in market interest.
The Great Bear il Capo Comments on Fake Bitcoin News, Reveals Price Prediction
Capo of Crypto commented on the fake news regarding the approval of a Bitcoin spot ETF, expressing his views and revealing his price prediction for Bitcoin. The full article can be found at the provided link.
Crypto Markets Add $30B in Hours as Bitcoin Price Explodes Toward $28K (Market Watch)
Bitcoin experienced a significant price increase, driving it up by more than $1,000. This surge also influenced altcoins, resulting in widespread positive movement in the market.
Advocacy groups push back against Sen. Warren linking crypto with terrorism
The Blockchain Association and Crypto Council for Innovation are disputing claims made by Senator Elizabeth Warren and other lawmakers regarding connections between the terrorist group Hamas and the use of cryptocurrency for financing. They argue that the terrorist group has actually reduced its use of Bitcoin due to the increased ability of authorities to track funds.
Siloed systems could replace DeFi’s ‘Lego castles,’ Fiskante says
The idea of having a connected network of thousands of blockchains seems unlikely, as the rollup thesis is gaining popularity over the appchain narrative.
Federal Reserve governor throws cold water on future CBDC
Federal Reserve official Bowman expressed skepticism about the necessity of a US central bank digital currency (CBDC), stating that she has not encountered a strong justification for it surpassing existing alternatives.
How Much Did The Fake Bitcoin Spot ETF News Affect BTC? What Does the Data Show? Analyst Explained
The cryptocurrency market experienced significant activity after news of a false approval for a Bitcoin Spot ETF. For more information and analysis, read the article "How Much Did The Fake Bitcoin Spot ETF News Affect BTC? What Does the Data Show? Analyst Explained" on bitcoinsistemi.com.
Finland works on instant payments system, embraces digital euro
The Bank of Finland is collaborating with the European Payments Council to create a Finnish instant payment solution that is compatible with European standards. This solution will be based on credit transfer and aims to provide consumers with the option to pay with central bank money in electronic transactions.
BNB Chain launches Greenfield mainnet for decentralized data storage
BNB Greenfield is a decentralized data storage network that emphasizes cross-chain programmability and data access controls.
Gucci Cosmos Showcases Fashion Brand's Legacy With Head-Turning Tech
Gucci's Cosmos exhibition, curated by Es Devlin, has arrived in London with a unique and modern approach, departing from traditional static displays. The exhibition promises to be a captivating experience with Devlin's impressive background in creating memorable events such as the Olympics, Super Bowl, and working with artists like Beyoncé.
This Week’s Biggest Gainers and Losers as BTC Stagnates Below $27K (Weekend Watch)
The leading stock this week has experienced a significant increase, with gains in the hundreds of percentage points.
Early ConsenSys Employees Allege Being Robbed of Billions in Equity
Twenty-seven early employees of ConsenSys AG in Switzerland have filed a lawsuit against founder Joseph Lubin in New York, accusing him of depriving them of potential billions in equity when he moved the company to the US.
Tesla Maintains $184M Bitcoin Holdings as Elon Musk Flags Concerns Over High Interest Rates
Tesla has maintained its $184 million worth of bitcoin holdings according to its Q3 financial statement, as the electric car company has not sold any of its bitcoin. The CEO, Elon Musk, has expressed worries about the impact of high-interest rates on the auto industry.
Here’s When FTX Customers Could Receive $9 Billion Claim Payout
FTX debtors have announced a forthcoming Customer Shortfall Settlement to address property disputes and accelerate the approval of the Revised Plan. The settlement is designed to resolve issues related to customers who have experienced financial losses.
Meme Coins That Are Ripe For The Picking Following $3.2 Billion Crash
The bear market in the crypto industry caused meme coins to also experience significant losses, with their total market cap decreasing by $3.2 billion in 2023. This decline has opened up new opportunities for investors.
Watch Out: The New Week Has Many Economic Developments and Altcoin Events – Here’s a Day-by-Day, Hour-by-Hour List
There are numerous economic developments and altcoin events expected in the upcoming week that will impact the cryptocurrency market. For the full list, please refer to the provided link.
Korean telecom giant launches digital currency for its metaverse
SK Telecom, one of South Korea's largest telecommunication companies, has introduced Ifland, a digital currency for virtual purchases in their metaverse, aiming to increase user engagement. This move demonstrates SK Telecom's commitment to embracing and integrating the metaverse concept into their services.
US Federal Reserve’s CBDC View and the Push for Bitcoin & SHIB
A Federal Reserve Governor questions the necessity of a Central Bank Digital Currency (CBDC), suggesting hesitation towards its implementation. It is speculated that the US favors a global approach rather than a localized CBDC, and alternative cryptocurrencies like Bitcoin and SHIB are considered as potential tools against inflation.
Base announces shifting test network from Goerlito Sepolia
Base is transferring the test network from Goerli to Sepolia with the goal of creating a cohesive ecosystem and nurturing app development. The move is not just a technical necessity but also a means to build a conducive environment for app development.
New Announcement from Coinbase Regarding Bitcoin and Three Altcoins!
Coinbase, the largest US cryptocurrency exchange, announced that eligible Coinbase Advanced customers outside the US can now trade perpetual futures, as stated in a blog post. These customers will have access to this trading feature in eligible jurisdictions.
VeChain's Treasury Value Reached $311 Mln In The Second Quarter, Down $70 Mln Amid A Sustained Bear Market
VeChain's second-quarter financial report reveals a decline in treasury assets from $380.4 million to $311.3 million due to the bear market. The report was published by VeChain, a logistics-focused cryptocurrency project.
XRP Price Prediction As $0.5 Breakdown Hint Further Correction Ahead
This week, the crypto market experienced high volatility due to uncertainty surrounding the Spot Bitcoin ETF. While major cryptocurrencies initially saw a surge in buying pressure on October 16, most were unable to maintain their gains.
Bitcoin Dominance Rises: Why Altcoin Buying May Need A Break
Bitcoin dominance is increasing, indicating a decrease in sentiment towards altcoins. This trend, coupled with reduced liquidity in the altcoin market, may lead to higher volatility and risk for investors in altcoins.
AI Crypto SophiaVerse Shares Details of Its Decentraland Collaboration
SophiaVerse, an AI cryptocurrency incubated by SingularityNET and connected to Cardano, has announced a partnership with Decentraland, an established metaverse ecosystem on Ethereum. This collaboration aims to bring together advanced AI technology and virtual reality experiences within the blockchain space.
Coinbase open sources code for layer-2 network Base
Base, a layer-2 network owned by Coinbase, has open-sourced its code repositories and smart contracts to promote transparency and collaboration. Developers now have access to the network's codebase and can contribute to its development.
PLEXUS Integrates Linea Chain for Secure Cross-Chain Transactions
PLEXUS has recently integrated Linea Chain, a cross-chain aggregator, which is expected to enhance their blockchain technology and provide advanced security for customer assets. This partnership has the potential to greatly benefit PLEXUS' customers and improve their overall experience.
Blockchain.com and TON Foundation Introduce Toncoin Incentive Program
The TON Foundation, a non-profit organization based in Switzerland, has partnered with Blockchain.com to support the growth of a Web3 ecosystem within Telegram. This collaboration aims to facilitate cryptocurrency trading and investment for both retail customers and institutions.
FTX Announces Proposed Settlement and Amended Plan in Chapter 11 Cases
Cryptocurrency exchange FTX has proposed a settlement in their Chapter 11 cases, which includes a "Shortfall Claim" for customers and an amended Plan of Reorganization. The plan is supported by the Official Committee of Unsecured Creditors and aims to expedite cases and improve recoveries, potentially resulting in customers receiving over 90% of distributable value globally.
Mining BTC is harder than ever — 5 things to know in Bitcoin this week
Bitcoin (BTC) has started the new week with a strong bullish sentiment and a short squeeze, reminiscent of the volatility observed earlier in the month. As it pushes towards the $28,000 mark, the largest cryptocurrency aims to maintain its positive momentum.
XRP, Dogecoin, and Tradecurve Markets: Comparing 3 Low-Cost Cryptos
XRP and Dogecoin have experienced a price surge and analysts are optimistic about their long-term prospects. The Tradecurve Markets crypto, on the other hand, saw a significant 200% increase in value and has raised $6.6 million so far.
Why the 2024 Bitcoin halving may play out differently than in the past
The impact of the Bitcoin halving on crypto prices may be overestimated, and the next halving in April 2024 may not guarantee an increase in Bitcoin's value. Market participants are aware of the halving in advance, and changes in demand rather than supply are becoming the dominant factor influencing Bitcoin's price.
Israeli Authorities Order to Seize Millions in Crypto Linked to Hamas
Israeli law enforcement authorities have frozen numerous cryptocurrency accounts and confiscated significant amounts of crypto assets in an effort to disrupt the flow of funds to Hamas, according to Financial Times. The operation primarily focuses on hindering Hamas's access to financial resources.
Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses
Tether, a cryptocurrency firm, has taken action to freeze 32 cryptocurrency addresses involved in terrorism funding in Israel and Ukraine. This reflects the increasing collaboration between crypto companies and international law enforcement agencies in the fight against digital-financed crime.
Drivechains in Bitcoin could be a ‘game-changer,’ but there’s a catch, Bitfinex CTO says
Bitfinex CTO Paolo Ardoino believes that drivechains in Bitcoin have the potential to be a significant innovation, expressing this view during the ongoing discussion about the BIP-300 proposal.
Binance Will List 8 Cryptocurrencies Today
Starting from October 19th, Binance will support trading pairs that include the stablecoin FDUSD, expanding their trading options for users.
Shiba Inu (SHIB) Burn Rate up 235%, Potential Surge Ahead?
Shiba Inu (SHIB) is experiencing a significant increase in its deflationary metric, with the burn rate rising by over 283% and a total of 55,399,172 SHIB tokens sent for burning. This positive development signals a strong start to the week for SHIB.
SEC Drops Lawsuit Against Ripple Executives, All Charges Dismissed — Ripple Calls It ‘a Surrender by SEC’
The U.S. Securities and Exchange Commission (SEC) has dismissed all charges against Ripple's CEO Brad Garlinghouse and co-founder Chris Larsen, marking a significant victory for the executives. The SEC's decision is seen as a surrender rather than a settlement, and it has led to a surge in the price of Ripple's cryptocurrency, XRP.
Rampant scams highlight critical need for greater crypto literacy
Cryptocurrency scams are on the rise in the Philippines due to a lack of understanding about cryptocurrencies and blockchain technology. Scammers are exploiting this by using various tactics to deceive people and take advantage of the growing interest in cryptocurrencies.
Why do this obscure Russian exchange’s emails come from Binance?
Binance has sold its Russian assets, including customer deposits and loans, to a lesser-known crypto exchange called CommEx. The transaction has raised concerns as the language used in the announcement is nearly identical to previous reports.
Future of DAOs limited by lack of regulatory framework: ECB Occasional Paper
The European Central Bank suggests that decentralized autonomous organizations (DAOs) require a robust regulatory framework for them to become viable in the financial sector. This is highlighted in their occasional paper, which focuses on the future of DAOs in finance.
Axie Infinity launches the sixth season of Epic Era
Axie Infinity's sixth season of Epic Era has commenced, prompting Lunacians to compete and claim the highest rank on the leaderboard for a chance to win a share of the 22,500 AXS prize pool, accounting for 30% of the total reward.
UAE emirate launches new free zone for digital assets, Web3 and AI
Ras Al Khaimah has inaugurated RAK Digital Assets Oasis (RAK DAO), a free zone dedicated to supporting companies involved in digital and virtual assets, blockchain, Web3, and AI. The goal is to diversify the economy away from traditional sectors like tourism, although the free zone faces competition from technology hubs in Abu Dhabi and Dubai.
Stablecoins on Bitcoin? Lightning Labs Aims to 'Bitcoinize the Dollar'
Lightning Labs has introduced Taproot Assets, a new capability that allows stablecoins and various other assets to be tokenized using Bitcoin. This technology enables greater flexibility and diversity within the Bitcoin ecosystem by expanding its functionality beyond just the native cryptocurrency.
Atomic Wallet freezes $2M in ‘suspicious deposits’ on exchanges
Hacked cryptocurrency wallet Atomic Wallet has frozen $2 million in suspicious deposits in collaboration with major crypto exchanges, following reports of unauthorized transactions from users' wallets. Atomic Wallet worked with forensic companies and centralized exchanges to identify and contain the threat, with most of the funds ending up on the Tron blockchain and Bitcoin network.
Spot Bitcoin ETF Excitement Hits Main Street, Google Search Indicates
There is an expectation that the SEC will approve the first U.S.-based spot bitcoin exchange-traded fund in the near future, which has generated interest among market participants.
Circle launches Web3 development platform for Web2 developers
Circle has launched a new platform called "Smart Contract Platform" that provides pre-vetted templates for building Web3 apps, making it easier for traditional developers. They have also introduced a tool called "Gas Station" that allows developers to pay for users' gas fees, simplifying the onboarding process.
SUI's Inventors Spoke About the Crypto Bull: 'The Bull Will Come, But Under These Conditions..!
Evan Cheng, CEO of Mysten Labs and inventor of the SUI project, believes that there will be a resurgence in investment capital despite the fading confidence in the crypto bull market. However, he predicts that this time the approach will be more cautious, focusing on strategic deployments and higher levels of scrutiny.
DTCC tees up institutional DeFi push with Securrency buy
DTCC has announced its acquisition of Securrency as part of their digital assets initiative. The deal aims to accelerate the creation of a platform for institutional DeFi, enhancing their financial market infrastructure.
Matrixport Says Bitcoin Will Rise to Between $42K and $56K if BlackRock ETF Is Approved
According to a report by Matrixport, Bitcoin is predicted to reach a price range of $42,000 to $56,000 if an ETF for spot bitcoin is approved by BlackRock. This forecast suggests a potential significant increase in Bitcoin's value.
Meta chief AI scientist says AI won't threaten humans
Yann LeCun, chief AI scientist at Meta, believes concerns about the existential risks of AI are premature and that regulating AI development is counterproductive. He claims that current AI models are not as capable as some believe and that AI will eventually help manage everyday life.
Solana becomes ecosystem partner of Dubai free zone
The Solana Foundation has partnered with the Dubai Multi Commodities Centre (DMCC) to support their ecosystem. As part of the partnership, Solana will leverage its blockchain platform to provide various services to the DMCC.
Supporting 2 Wars Is Feasible Despite US Debt Surge, Says Yellen
US Treasury Secretary Janet Yellen stated that despite the US accumulating significant debt and providing financial support to Ukraine, the nation has the resources to support two wars. Yellen made this assurance amid concerns regarding rising debt levels and a potential government shutdown in mid-November.
Biggest Movers: SOL Moves Back Towards $25, ATOM Hits 16-Month Low
Solana rebounded after two days of losses, approaching the $25.00 mark again, while Cosmos continued to decline.
Human vs. AI-Generated Music: Indistinguishable, or Uncanny Valley?
Numerous studies indicate that there is a growing difficulty for listeners to discern between music generated by computers and music created by humans. This suggests a blurring of distinction between the two, emphasizing the advances in computer-generated music.
SEC Issues Major Warning After Fake Bitcoin ETF Rumours
In response to inaccurate reports about the SEC approving a spot Bitcoin ETF from BlackRock's iShares, a cautionary note was issued to highlight the importance of verifying information on the internet. It emphasized that the SEC itself is the most reliable source for information on the SEC.
Bitcoin Flashing Bullish Signal As BTC Volatility Prepares To Make ‘Grand Entrance’, Says Glassnode Co-Founders
The co-founders of Glassnode predict that Bitcoin will experience a significant increase in value due to its current price staying above $28,000. Jan Happel and Yann Allemann, who use the handle "Negentropic" on X social media, believe a crucial factor supports their prediction.
Watch Out: 43 Altcoins Have Huge Token Unlock Events in the Coming Week – Here is the Day by Day, Hour by Hour List
In the upcoming week, numerous altcoins in the cryptocurrency market are expected to have significant token unlocking events. For more information, including a detailed schedule, refer to the provided link.
Binance to temporarily stop accepting new UK users after FCA restriction
Binance, a cryptocurrency exchange, is temporarily suspending the onboarding of new customers in the UK as it searches for a new regulatory approval. This decision comes as the company aims to comply with financial promotions regulations in the country.
Elixir Protocol secures $7.5 million Series A funding at $100 million valuation
DeFi protocol Elixir has raised $7.5 million in a Series A funding round, led by Hack VC and with participation from NGC Ventures and AngelList. The funds will be used to enhance liquidity in decentralized order book exchanges.
Cathie Wood says it’s Gensler who’s ‘standing in the way’ of spot bitcoin ETFs
Investor Cathie Wood believes that SEC Chair Gary Gensler is obstructing the possibility of approving a spot bitcoin ETF.
How big players in crypto can manipulate data
This description addresses concerns regarding data manipulation and focuses on finding solutions to ensure trust and transparency for investors. It highlights the need for accountability in the digital age where trust plays a crucial role in financial success.
SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide
The U.S. Securities and Exchange Commission (SEC) has released its examination priorities report for 2024, highlighting its focus on risks related to cryptocurrency, fintech, AI, and cybersecurity. The SEC's Division of Examinations will be evaluating registrants' compliance with customer advice standards, custody requirements, and the use of blockchain and distributed ledger technology.
U.S. Risks Unleashing Second 'Eurodollar' Market if It Dallies on Stablecoin Regulation
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stake.link Guide: Delegated Liquid Staking Protocol for the Chainlink Ecosystem
stake.link is a delegated liquid staking protocol for Chainlink that brings advantages over staking alone and enables users to engage in governance and easily automate their participation. This protocol allows users to delegate their staking and enjoy the benefits without actively managing it themselves.
MoonPay: Crypto app introduces swaps
MoonPay has introduced a new Swaps feature on its crypto app, allowing users to trade over 1,500 pairs. Additionally, there is a mention of MoonPay's tweet about Taylor Swift, but no further details are provided.
Zilliqa (ZIL) ecosystem woes continues as UAW, TVL retreats
Zilliqa (ZIL) price has been mostly stagnant in the past two months amidst the ongoing bear market for cryptocurrencies. Currently trading at $0.017, it has experienced a significant decline of over 54% from its peak earlier this year.
Bitcoin metrics ‘improve bullish odds’ as BTC price holds 200-week trendline
Bitcoin's current stance above key support levels is seen as a positive sign for potential price gains, according to recent analysis. The importance of two moving averages merging together is highlighted as a significant development in the bullish outlook for BTC.
Bitcoin Price is About to See “Liftoff” if It’s Able to Hold One Crucial Level
Bitcoin is currently consolidating above the $28,000 support and may experience an upward trend if it surpasses the $28,550 resistance level. It is currently trading above $27,800 and the 100 hourly Simple Moving Average.
The Open Network (TON) Might Attract Ethereum (ETH) Userbase: Analyst Indicated Dangerous L1s
The largest blockchain network, Ethereum (ETH), may be at risk of losing users and decentralized applications due to a lack of scalability. Users and dApps are expected to shift to other blockchains, particularly those with sharding capabilities, which offer greater flexibility and scalability.
Ripple CTO Reacts to Mysterious 410M XRP Transfer with Strange 20 XRP Gas Fee
The Ripple CTO explains the reasons behind the 20 XRP fee for a mysterious 410M XRP transaction that has captured the attention of the XRP Army. The transaction's unusual characteristics have sparked curiosity and raised questions.
Why Multicoin Capital Invested $5.7M in Squads Labs
Multicoin Capital has invested $5.7 million in Squads Labs to enhance the multisig standard on the Solana blockchain, supporting upgrades to self-custody and on-chain capital coordination through SquadsX and Squads (v4).
Helium Price Prediction: Which Will Come First $1.00 or $2.00?
The long-term helium price prediction suggests a potential increase if certain conditions are met, while the current HNT price is attempting to surpass the 50-day and 200-day EMA. However, the helium price is currently confined to a narrow range.
Ripple v. SEC case update as of October 16, 2023
The cryptocurrency community has criticized the US Securities and Exchange Commission's argument in the legal case against Ripple, as expectations build for the case's final conclusion. The SEC's position has been met with scrutiny and disagreement from members of the crypto industry.
BlackRock's Larry Fink says bitcoin rumor rally shows 'pent up interest in crypto'
BlackRock CEO Larry Fink commented on the recent bitcoin rally caused by false news, attributing it to the growing interest in cryptocurrency. However, he refrained from discussing the details further.
IMF Boss Kristalina Georgieva Calls to Accelerate ‘Financial Inclusion’ Through Digitalization
Kristalina Georgieva, managing director of the IMF, believes that digitalization can increase financial inclusion. She calls for the expansion of initiatives to support digitalization and promote financial inclusion.
Here’s How Much Bitcoin (BTC) Drake Lost Betting on the Logan Paul v. Dillon Danis Fight
Logan Paul defeated Dillon Danis, but not by knockout, resulting in Drake losing an $850,000 bitcoin bet. This highlights the "Drake curse," showing his track record of unsuccessful sports bets in various sports such as car racing and football matches.
15 Million USDC Transfer from Ethereum Co-Founder to Gemini!
Ethereum co-founder Vitalik Buterin sent $14.93 million USDC to Gemini cryptocurrency exchange. The transfer was reported in an article titled "15 Million USDC Transfer from Ethereum Co-Founder to Gemini!" on bitcoinsistemi.com.
Apecoin (APE) Price Increases 7-Days Straight – Is the Bottom In?
The Apecoin price has rebounded after hitting an all-time low of $0.99 on October 9, with seven consecutive bullish candlesticks indicating a continued increase in its value. This trend has further accelerated today.
Unraveling the Online Legacy of Satoshi Nakamoto: Bitcoin’s Mysterious Creator
The mysterious creator of Bitcoin, Satoshi Nakamoto, made nearly 600 online appearances through emails and forum posts. Nakamoto was particularly active in July and August, discussing topics such as release candidates, password protection for Bitcoin's JSON-RPC interface, and responding to various issues.
Was Monday's Bitcoin Pump Dump Planned? Crypto Analyst Urges SEC Investigation
The crypto community was baffled by a sudden rise in the price of Bitcoin on Monday, caused by fake news about the approval of a Bitcoin ETF by the SEC. The price of Bitcoin quickly jumped to $30,000 due to rumors of Blackrock's iShares being approved.
Shiba Inu's BONE Skyrockets 6%, But Bigger Picture Is Even More Impressive
Bitcoin had a strong start to the week, with a 3.8% surge and causing $39.22 million in liquidations, mostly from bearish positions.
Here’s why Orbs (ORBS), Uma (UMA), 0x Protocol (ZRX) are rising
Orbs (ORBS), Uma (UMA), and 0x Protocol (ZRX) are gaining attention in the cryptocurrency market for their recent price increases. These tokens stand out for their distinctive features and market activities.
Litecoin Price Spike: Long-Term Holders Accumulate in Anticipation of Rally
The price of Litecoin (LTC) rose by over 4% to surpass $64 on Friday, following a positive sentiment in the broader crypto market. This increase in price occurred alongside Bitcoin's surge past $30,000, with trading volumes reaching $370 million on major exchanges.
Aptos resolves network issues following five-hour outage
Aptos experienced a network malfunction, causing certain crypto exchanges to temporarily suspend APT deposits and withdrawals.
Refik Anadol NFT collab with Brazilian tribe yields $3.9 million in a week
Refik Anadol's digital art collection, Winds of Yawanawa, has had an impressive trading volume of $3.9 million in the past week.
Buoyed by XRP court ruling, Sweatcoin goes live in the US
The move-to-earn app Sweat Economy is now available in the US, allowing American Sweatcoin users to transfer their SWEAT tokens to the Sweat Wallet app for trading on secondary markets. The decision to allow trading follows the company's co-founder's statement about the move.
SoFi Unveils 1% IRA Match to Spur Early Retirement Amid Millennial and Gen Z Aspirations
FinTech company SoFi has introduced a 1% contribution match for individual retirement accounts (IRAs) to support members' early retirement goals, especially in the Millennial and Gen Z demographics. This offering is part of SoFi Invest's comprehensive range of tools and services designed to promote financial independence and long-term financial planning.
BTC Price Nears $28K, Riding High on ETF Expectations. Will it Sustain?
Bitcoin (BTC) experiences a 4.5% surge, reaching $27,963, driven by increasing optimism regarding the potential approval of a Bitcoin ETF. The cryptocurrency also sees a significant spike in daily trading volume by 139%, reaching $11.6B, suggesting heightened market activity.
Cobo Argus Boosts DeFi Strategies Security via Chainlink Price Feeds Integration
Cobo Argus has partnered with Chainlink to integrate their Price Feeds on Arbitrum mainnet, improving security and enabling quick fund withdrawals during token depegs. This collaboration strengthens Cobo Argus's commitment to offering robust on-chain DeFi management solutions.
Jim Rickards Blasts US Congress Confiscation Initiatives: 'The Drive to Create New Currencies Will Go Into Overdrive'
Renowned economist Jim Rickards has expressed concerns about a new U.S. congressional initiative that suggests seizing Russian assets to repay aid given to Ukraine. He believes that if this proposal is adopted, it would have significant repercussions.
Bitcoin eyes $30K, XRP price jumps 6% after Ripple's legal victory
Bitcoin's price continues to rise despite concerns about a potential retracement, with BTC reaching $29,500 and XRP also experiencing price gains. The market is closely monitoring the effects of a recent speech by the Chair of the United States Federal Reserve, Jerome Powell, on Bitcoin's trajectory.
‘I’m still not seeing it’ — Judges skeptical of Ryder Ripps’ BAYC appeal
NFT artist Ryder Ripps' latest attempt to dismiss the Bored Ape Yacht Club lawsuit seems to have been met with doubt by three judges from the United States Court of Appeals. The outcome of the hearing suggests that the lawsuit may proceed.
Uniswap (UNI) Price Sailing in Downtrend, Will Bulls Hold $4.00?
The price of UNI token has been consistently declining, leading to trouble for buyers who were unable to stop the losses. The downtrend has continued as the price remains below key moving averages.
Ripple’s IPO Rumors Soar, Will It Make These XRP Price Predictions Come True?
Despite no official announcement from Ripple, there has been speculation among X users about the company considering an IPO.
Bitdeer plans to buy back shares worth up to $2 million
A bitcoin mining firm has announced a repurchase program that will be funded from its cash balance and will be in effect until next April.
Bitcoin Financial Services Firm Unchained Looks to Attract Wealthy Clients With New Advisory Service
Unchained, a bitcoin financial services provider, has launched Sound Advisory, an advisory service specifically for high-net-worth individuals. The service aims to fill the gap in bitcoin-native registered investment advisors and cater to the needs of HNWIs.
GBTC Discount Continues to Narrow as Investors Await ETF Conversion Decision
The discount for Grayscale's Bitcoin Fund (GBTC) decreased on Tuesday, indicating growing optimism for the potential arrival of a bitcoin spot exchange-traded fund (ETF) in the U.S. Shares in GBTC narrowed to a 12% discount.
Bitcoin Price Soars To $28,000, Here’s Why
Today, Bitcoin reached a price of $28,004, experiencing a notable increase. One of the main reasons behind this surge is the SEC's decision to not appeal against the Grayscale Spot Bitcoin ETF.
Binance Continues BNB Burns! 25. Combustion Data Announced!
Binance has completed its 25th quarterly burn of Binance Coin (BNB), as reported on the official Binance website. The burn is part of a regular process by the cryptocurrency exchange.