Blockchain Weekly Issue - Week Ending 2023-11-11
crypto
Elon Musk Biopic In the Works at A24 With Darren Aaronofsky Directing
There are plans to create a film based on Walter Isaacson's authorized biography of Tesla CEO Elon Musk, and it will be directed by Aaronofsky, known for his work on "The Whale."
Demand for Bitcoin could grow by up to 10X within 12 months: Michael Saylor
MicroStrategy co-founder, Michael Saylor, predicts that demand for Bitcoin could increase by as much as 10 times by the end of 2024, following the Bitcoin halving next year. He believes that BTC will become a mainstream asset, and in the long term, its price could reach millions of dollars per coin.
Polygon’s MATIC Price Surges 50% in 3 Weeks, Lifting Market Cap Over $7.6B
Polygon's native cryptocurrency, MATIC, has experienced a significant price increase of over 50% in the past 3 weeks, reaching a 4-month high. This surge is attributed to both the positive sentiment in the cryptocurrency market and factors specific to MATIC, such as whale accumulation and major partnerships.
XRP Price Outlook: Expert Forecasts Potential Rise To $5.5
Recent analysis suggests that XRP, the fifth largest cryptocurrency, may be on the verge of a breakout. It is anticipated that XRP could potentially reach targets of $1.3 and even $5.5, with the possibility of a 500% price increase in the future. However, the sustainability of this price action and the consolidation above the $0.600 level remain uncertain.
Publicly-Listed Bitcoin Miner Bitdeer Expands Into AI With Nvidia
Publicly-listed Bitcoin miner Bitdeer has expanded into the field of artificial intelligence (AI) by offering Nvidia-powered GPU services. The company aims to tap into the Asian market for AI and join the Nvidia Partner Network.
US Regulator CFTC Files Record Number of Crypto Enforcement Actions This Year
The US Commodity Futures Trading Commission (CFTC) has announced that it has filed a record number of enforcement actions related to cryptocurrencies this fiscal year. Approximately 49% of all actions filed by the CFTC during this period were related to digital asset commodities.
Price analysis 11/10: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC
Bitcoin and Ether are leading the cryptocurrency markets, but there is a risk of a short-term pullback. Expectations of a Bitcoin ETF approval and BlackRock registering an Ethereum trust are increasing optimism for cryptocurrency adoption.
When Is the Next BTC Halving Date? Bitcoin Halving Guide
The Bitcoin (BTC) halving is a significant event in the cryptocurrency's economy, where the reward for mining new blocks is cut in half. This guide explores the concept of the halving, its historical impact, and the upcoming halving projected to occur in early-to-mid 2024. It discusses the implications for Bitcoin's supply, valuation, and market dynamics, as well as the potential future trajectory of the cryptocurrency.
A Bizarre Hack Incident: Clumsy Hacker Accidentally Burned Almost All of His Stolen Funds, Left with 4 ETH
A hacker in the cryptocurrency world accidentally burned almost all of the funds he stole, making it a rare event in the industry. Details of the incident can be found in the article "A Bizarre Hack Incident: Clumsy Hacker Accidentally Burned Almost All of His Stolen Funds, Left with 4 ETH."
Chainlink (LINK) Announced the Launch of a New Staking Program!
Decentralized oracle network Chainlink has unveiled a new Stake program, offering 45 million LINK tokens to participants. The announcement aims to attract more users to the platform and incentivize them to contribute to its decentralized network.
Wallet crypto bot rolls out on Telegram in Colombia, SA and Kenya
Crypto bot Wallet is launching its global rollout on the Telegram messenger in Latin America and Africa, allowing users in countries such as Colombia, South Africa, and Kenya to easily buy and sell crypto without needing to find the bot. The rollout is part of an effort to provide accessible financial tools and benefit from Telegram's significant user base in these regions.
Craig S. Wright Explores 'Code is Law' Paradigm in Digital Governance Debate
Dr. Craig Wright's blog post on "Open-Source Development" sparks a discussion on the "Code is Law" principle, highlighting the importance of finding a harmonious balance between code precision and legal considerations.
Spot bitcoin ETF fever has analysts guessing about the SEC’s decision timeline
Experts are predicting that the SEC may decide on the filings for a bitcoin ETF in the coming months, given the approaching deadlines.
3 theses that will impact Ethereum and Bitcoin in the next bull market
The article discusses three theses for the upcoming bull market in cryptocurrency. The first thesis focuses on the tokenization of everything on the Bitcoin blockchain, facilitated by protocols like Ordinals and Taproot Assets. The second thesis highlights the importance of layer-2 blockchains in making cryptocurrency more accessible and scalable for everyday use. The third thesis emphasizes the significance of abstraction solutions in simplifying the user experience and attracting traditional companies to join Web3.
Hodlnaut heading for liquidation after failure of restructuring, sale efforts
Crypto lender Hodlnaut is facing liquidation after the High Court of Singapore ordered its liquidation following the end of its judicial management. The company's funds have been frozen since August 2022 and the decision to liquidate comes after the rejection of a restructuring plan by creditors.
MicroStrategy’s $4.6 Billion Bitcoin Bet Pays Off, Here’s How Much It’s Worth Now
MicroStrategy, a prominent public company, has seen great success with its investment in Bitcoin. The company has posted over $1 billion in unrealized profit as Bitcoin's price has increased by 36% since October 13, and its shares have also risen by more than 55% during the same time period. MicroStrategy now owns 158,245 BTC, valued at over $5.77 billion, and its CEO, Michael Saylor, believes that the demand for BTC will continue to grow, with the potential for its price to reach $5 million.
Ethereum ETF Race: Grayscale Trust's Discount Drops to 16%
Grayscale's Ethereum Trust (ETHE) has seen a significant decrease in its discount, narrowing to 16% from nearly 30% a month ago and close to 60% earlier this year. Industry analyst Nate Geraci believes this indicates a positive shift in investor sentiment towards ETHE.
VechainThor Redefines Sustainable Energy with Biofuel Cells
Professor Qi Ge, a member of the VeChain Steering Committee and a physicist specializing in 2D materials, highlights how biotech advancements, combined with the integration of the VechainThor blockchain, are driving sustainable innovations.
Why is the crypto market up today?
Today, the cryptocurrency market experienced a boost with Bitcoin, Ether, Cardano, Solana, and other altcoins all seeing positive gains. Ether stood out with a 6-month high, contributing to the overall optimism among investors.
Ethics watchdog rats out Circle for links to Tron in letter to Sens. Warren, Brown
Nonprofit ethics group, Campaign for Accountability, has provided U.S. Senators Elizabeth Warren and Sherrod Brown with information on alleged cryptocurrency-based money laundering, specifically focusing on Tron in their letter sent on November 9th. The letter aims to bring attention to this issue and increase awareness among the senators.
Ordinals Price Prediction: Bulls Aim $30 Target Amid Bullish Pattern Formation
Bitcoin Ordinals(ORDIs) saw a significant increase in price this week, surging from $4.92 to its current trading level of $19.2, representing a 327% gain. The surge in price was notably driven in November.
Cardano Latest Development Report: Updates on Lace Wallet, Plutus, Marlowe, Mithril, and More
Blockchain startup IOG has published its weekly development report, emphasizing Cardano's progress in various areas of its network's technical development. IOG is dedicated to supporting the growth of the Cardano network.
Ethereum (ETH) Price at $3,000: 'Target for Next Few Weeks' Indicated by Trader
Top-tier trader and analyst Jacob Canfield believes that Ethereum's price could potentially rise by another 50%. However, it will need to overcome a significant resistance level for the rally to continue.
Grayscale trust discounts keep shrinking — here’s why
Investors' discounts on Grayscale's bitcoin and ethereum trusts have gradually decreased, suggesting growing optimism about the approval of spot crypto ETFs. Grayscale Bitcoin Trust shares had an approximately 11.3% trading discount.
Chainlink (LINK) Unveils Crucial Details About Staking v0.2
Decentralized Oracle service provider Chainlink has announced the release of its Chainlink Staking v0.2 upgrade, and shared the timeline for its launch. The upgrade includes a priority migration plan for current users.
Billionaire Bryan Johnson Has Burned $4 Million Chasing Youth and Virility
Bryan Johnson, a billionaire biohacker, is investing millions of dollars annually to slow down the aging process and reclaim his youth. In an interview, Johnson estimated that he has spent around $3 to $4 million so far on this endeavor.
ETH With a Massive Surge Above $2K, But is a Correction Looming? (Ethereum Price Analysis)
Ethereum's price has exceeded $2,000, leading to increased investor optimism and hopes for a new all-time high. However, caution is advised as it is prudent to be mindful of market volatility and potential risks.
Analytics Firm Santiment Reports ‘Extreme’ Levels of Whale Activity in Cardano (ADA) and 3 Other Cryptocurrencies
According to Santiment analysts, whale activity in certain cryptocurrencies has recently surged to its highest level in the past 6 months. This increase in activity coincides with the ongoing impressive rally of Bitcoin.
Are Telegram trading bots really safe? A user’s guide to best practices
Our comprehensive guide provides critical security insights and essential safety practices for using Telegram crypto trading bots, helping users navigate the risks associated with these innovative tools. Telegram crypto trading bots have the potential to revolutionize cryptocurrency trading, and our guide ensures users are informed and well-prepared to maximize their benefits while minimizing risks.
Predictions for CHZ, CEEK, LUNC, and AVAX: Will Prices Continue to Rise?
Bankrupt crypto companies have experienced significant growth in token prices, with an increase of over 50%. This trend is to be expected, considering the history of speculative price movements in altcoins. As for the latest predictions, more information is needed about specific cryptocurrencies like CHZ and CEEK to provide accurate forecasts.
5 Best Crypto Scalping Strategies: Maximize Your Returns
Scalp trading involves making numerous trades to capitalize on small price changes and generate steady profits. It is particularly advantageous in the highly volatile cryptocurrency market.
AAVE, PEPE, and UNI Are Tokens to Keep an Eye On, Here’s Why
On November 9, Aave (AAVE), Pepe (PEPE), and Uniswap (UNI) were among the most popular cryptocurrencies purchased on exchanges. This information was revealed by hitesh.eth, a crypto research specialist on X.
Gala Music Unveils Innovative STGE App with First Live Show
Gala Music has launched the STGE app, a revolutionary free application that offers users a unique and rewarding experience to discover and listen to live music from their favorite artists. The app is built on decentralized blockchain technology, making it a pioneering platform in the music industry.
Tron Founder Justin Sun Offers 5% Cut to Hacker After Poloniex Crypto Exchange Loses $125,000,000 in Cyber Heist
Tron founder Justin Sun is offering a 5% white hat bounty to the hacker who stole $125 million worth of crypto from the exchange Poloniex. The hacker has one week to accept the offer and return the assets to avoid any legal consequences.
Gearbox V3 wants to be the next go-to on-chain credit layer
Gearbox Protocol, a prominent player in the DeFi space, is set to launch its v3 upgrade, which will enhance its leverage and lending offerings. The launch date is still to be announced, but it is anticipated to take place later this month.
Will Ethereum Continue to Rise? Or Was the Rise in ETH a One-Off? Analysts Commented!
ETH reached a price of approximately $2,100 after Blockrock applied for an Ethereum ETF, outperforming Bitcoin. However, investors are uncertain if ETH's upward trend will persist, and analysts have taken note of this uncertainty.
Peter Brandt Shares His New Bitcoin Goal!
Famous analyst Peter Brandt has predicted a Bitcoin price target of $43,289 if the flag formation is confirmed. For more information, read Peter Brandt's latest Bitcoin goal on this website.
Ark Invest, 21Shares slated to intro crypto ETF suite next week
Ark Invest and 21Shares are set to launch five new crypto funds next week, which will hold bitcoin futures contracts, ether futures, or both, filling the gap left by the delayed spot bitcoin and ether ETFs.
What the flippening? Major institutional players seem to be driving latest crypto rally
The recent flippening mentioned refers to an event where the financial services company CME Group observed a change in its open interest tied to Ethereum futures surpassing that of Bitcoin. However, this does not indicate Ethereum overtaking Bitcoin's market capitalization or Solana surpassing Ethereum's.
Here’s When Binance Will Stop Russian Ruble Deposits
Cryptocurrency exchange Binance will no longer accept Russian ruble deposits starting November 15, 2023, as part of the company's decision to sell its Russian business. This move follows Binance's previous announcement regarding the sale.
Coinbase rolls out on-chain credential verification
Coinbase has introduced a new feature that enables users to verify their account and country credentials on the blockchain, allowing them to unlock extra benefits. These verifications serve as a trusted badge, providing users with additional privileges.
Bitcoin Price Prediction as BTC Market Cap Climbs Above $700 Billion for the First Time in 17 Months – Bull Market Back?
The price of Bitcoin has increased by nearly 8% in the last week, resulting in its market capitalization surpassing $700 billion. This is the highest it has been in seventeen months.
What Could Propel XRP’s Value to an Unprecedented $18 Per Coin?
The recent gain of 16% and the upcoming Swell 2023 event by Ripple have created optimism in the market regarding XRP's growth. There are predictions that XRP could potentially reach $18, leading to a significant increase of 7,070% in its market cap.
CME Displaces Binance as the Top Bitcoin Futures Trading Platform
Binance CEO, Changpeng Zhao, has recognized the Chicago Mercantile Exchange (CME) as the premier platform for Bitcoin Futures trading, seeing it as a sign that U.S. institutions are embracing cryptocurrency. He believes this development highlights the increasing involvement of traditional financial institutions in the crypto market.
Bitcoin, Ethereum Demand Pushes 2023 Crypto Fund Investment Over $1 Billion
Investment in digital assets is projected to reach its third highest level ever, with Bitcoin and Ethereum being the most popular choices.
Bitcoin Fund Holdings Hit All-Time High as Spot ETF Excitement Entices Crypto Investors
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Bitcoin Mining Revenue Hits Yearly High Amid ETF-Fuelled Rally
Bitcoin mining revenue has reached a new yearly high, surpassing the levels seen in May 2023 when network congestion due to high demand occurred.
Getting Ready for Bitcoin's Catalysts
Exchange-traded funds (ETFs) and futures contracts have the potential to drive the growth of cryptocurrency markets by accessing traditional finance (TradFi) and attracting more participants. This integration can bring both liquidity and legitimacy to the crypto market, leading to increased adoption and expansion.
Can Everyday Traders Trust DeFi's Automated Market Makers?
The description explains a scenario where a homeowner is having trouble with their refrigerator leaking water. The homeowner is seeking advice on how to fix the issue and wants to know if it is something they can repair themselves or if they need to call a professional.
Bitcoin Ready To Take-Off? Analyst Who Predicted $37,000 Reveals What’s Next
A crypto analyst predicts that the price of Bitcoin could reach $40,000 based on its recent bullish movement and the formation of a channel. While there is a possibility of a temporary rejection, the analyst believes that Bitcoin will eventually continue its upward trend towards the $40,000 target.
Nigerian Central Bank Dismisses Old Naira Banknote and Cash Shortage Rumors
The Nigerian central bank has confirmed that the previously demonetized naira banknotes are still legal tender and should not be rejected. The bank has also denied any shortage of naira banknotes.
BlackRock argues SEC has no grounds to treat crypto futures and spot ETFs differently
BlackRock is challenging the U.S. Securities and Exchange Commission's (SEC) treatment of spot-crypto ETFs compared to futures ETFs, arguing that there is no legitimate reason for the distinction. The SEC has approved several crypto futures ETFs but has yet to approve a spot-crypto ETF, citing different regulatory protections.
Ripple Vs. SEC: Epic Battle Unfolds Over $770M Disgorgement Demand
Ripple CEO Brad Garlinghouse criticized the SEC's regulatory approach in the ongoing legal battle over the classification of XRP, stating that the SEC needs to step back and protect investors instead of enforcing regulations through lawsuits. Pro-XRP lawyer John Deaton also argued against the SEC's disgorgement demand, pointing out flaws in the claim and emphasizing that Ripple is not being accused of fraud. The outcome of this case will have significant implications for the cryptocurrency industry.
Near Foundation partners with Eigen Labs for more efficient Ethereum rollup transactions
The collaboration aims to improve the efficiency and affordability of Ethereum rollup transactions, while also addressing the problem of fragmented liquidity across different Layer 2 solutions.
Bitcoin Soars to Become 11th Largest Global Asset, Nearing Berkshire Hathaway’s Valuation
Bitcoin's value has increased significantly, rising 38% against the U.S. dollar in the past six months and achieving a 125% increase in value so far this year. As a result, Bitcoin's market capitalization has become the eleventh-largest among global assets, putting it in the same league as precious metals and other assets.
Liquidity Trends Suggest 'Uptober' Could Be the Start of a New Crypto Bull Run
FalconX's Vivek Chauhan and David Lawant believe that increased interest from institutional investors and a limited number of sellers indicate a potential shift in the market's dynamics.
Meet Midas: A New Yield-Bearing Stablecoin Investing in U.S. Treasuries
The proposed stablecoin aims to tokenize ownership of Treasuries and has mentioned BlackRock, Circle, Fireblocks, and Coinfirm as institutional partners. These partnerships are expected to provide expertise and support in developing and implementing the stablecoin project.
How Gen Z Is Different: OTK Chief Strategy Officer Talks Creator Economy Shift and Rise of Kick
One True King is an esports and gaming lifestyle brand and media company founded by creators such as Asmongold and Mizkif. Zachary Diaz, OTK's Chief Strategy Officer, discusses the evolving creator economy in an interview with Kate Irwin from Decrypt, drawing from his experiences at TikTok and Twitch.
Tether Achieves Lifetime High With $86.51B Valuation; Tron Version Surpasses ETH in Several Metrics
Tether, the leading stablecoin, reached a valuation of $86.51 billion after experiencing a 3.6% increase in supply over the past month. The Tron network currently holds the majority of USDT with 45.82 billion, while Ethereum has 40.02 billion, and the rest are spread across other blockchain platforms.
Here We Go Again: Pet Rock JPEGs on Bitcoin, Ethereum Sell for Over $100K
EtherRock NFTs and Bitcoin Rock Ordinals, digital collectibles, are currently being sold for large amounts, raising optimism that there may be a surge in the value of JPEG-based assets.
SEC Alleges Former CEOs of Tech Startup Fraudulently Raised $70 Million From Investors
The SEC has accused two former CEOs of Bitwise Industries of misrepresentation and fraud in order to raise money from investors. Bitwise Industries, a tech company based in California, has since collapsed.
DeFi platform Raft pauses minting of its stablecoin after acknowledging ‘security vulnerability’
Raft has temporarily stopped producing its stablecoin, R, due to a security issue. The pause in minting occurred after the company identified a vulnerability in their system.
Crypto Analyst Pegs Bitcoin (BTC) Bull Market Progress, Says Litecoin (LTC) Could Be Facing ‘New Resistance’
A prominent crypto trader believes that Bitcoin has successfully broken out of its accumulation range, indicating a potential shift towards a bull market. According to the analyst, Bitcoin is currently moving towards the next phase of the market's upward trend.
SBF’s ‘Sam Coins’ are alive and well, and they are frontrunning the rally
Following Sam Bankman-Fried's conviction, the altcoins he previously favored have gained significant traction in the ongoing altcoin rally. Analysts believe this indicates a resurgence of risk appetite in the crypto markets.
The Evolving Dynamics of the Battle for Deposits: Banks vs. Blockchain Tech Firms
Traditional banks and blockchain technology firms are competing to gain deposits and dominate the financial sector. Established banks are facing challenges from blockchain firms that offer innovative solutions.
Coinbase launches KYC service on Base
Coinbase has launched its Verifications platform, which enables on-chain know-your-customer policies. By implementing identity verification on the chain protocol level, Coinbase aims to enhance security and transparency, addressing common issues in the process.
Ethereum (ETH) Rallies On BlackRock ETF Filing: Next Stop $2500?
After facing criticism, Ethereum has successfully surpassed the $2,000 mark, a significant milestone for the cryptocurrency. This surge in price was attributed to BlackRock, a prominent investment firm, filing for an undisclosed amount of ETH.
From Offended Bots to Occult Gurus, The 7 Best Custom GPTs People Have Created—So Far
OpenAI has introduced custom GPTs, which eliminates the need for mundane assistants, ushering in a more engaging experience.
CME, Where Institutions Trade Bitcoin, Flipped Binance in Futures Volumes. Is That as Bullish as It Sounds?
CME, as the sponsor of Consensus Magazine's Trading Week, is becoming the leading platform for trading bitcoin futures, surpassing other exchanges in trading volumes. This recent surge in CME's BTC futures volumes is a notable trend in the market.
Binance CEO CZ Reports Kidnapping of a Client and Recovery of Millions of Dollars in Stolen Crypto
Binance CEO Changpeng Zhao shared an anecdote about a customer who was kidnapped but managed to recover millions of dollars in stolen cryptocurrency. Zhao's statement can be found at the provided link.
What’s Happening at Solana (SOL)? Impressive Rally Continues – Analysts Assess SOL’s Latest Situation
Solana (SOL) has rebounded from its previous collapse and is currently undergoing a remarkable rally, according to analysts. For more information, read the article: "What's Happening at Solana (SOL)? Impressive Rally Continues - Analysts Assess SOL's Latest Situation."
Big Mistake by Poloniex Hacker Who Stole $118 Million: He Burned This Altcoin by Copying the Wrong Address
A hacker stole a significant amount from Poloniex, a cryptocurrency exchange, but made a critical error by copying the wrong address, resulting in the burning of the altcoin. [Read more here](https://en.bitcoinsistemi.com/big-mistake-by-poloniex-hacker-who-stole-118-million-he-burned-this-altcoin-by-copying-the-wrong-address/)
OKX Exchange Launches Spot Copy Trading Feature
Global crypto exchange OKX has expanded their Copy Trading tool by adding Spot Copy Trading, enabling users to automatically copy the strategies of top traders in real-time across over 120 spot trading pairs. This new feature offers users the opportunity to replicate successful trading strategies.
DeFi Platform Raft Suffers $3.3M Exploit, But Hacker Likely Took a Loss on the Attack
Raft's stablecoin, called R, experienced a significant drop of up to 50% following an exploit, causing it to lose its peg to the US dollar.
Polygon (MATIC) Poised For A Bullish Surge, Analyst Who Predicted 2021 Fall Says
Polygon (MATIC) has caught the attention of analyst Dave the Wave, who believes the cryptocurrency is poised for a significant uptrend against Bitcoin. Dave's optimism is based on thorough market analysis, with MATIC emerging as a standout performer in the current crypto surge. His predictions suggest the potential for a 200% increase in MATIC's value against Bitcoin, making it an attractive investment option. However, it is important to approach these projections with caution due to the volatile nature of the crypto market.
Singapore startup dtcpay launches retail crypto payments system with Chinese partners
Singapore-based dtcpay is launching a payment system that allows for both fiat and cryptocurrency payments, partnering with blockchain platform PlatOn and payment provider Allinpay International. The company, which is registered with the Monetary Authority of Singapore, already offers point-of-sale and online payment services and has secured funding from Pontiac Land Group and Kwee.
Solana price hits a new 2023 high — What’s behind the SOL rally
Solana's native token, SOL, experienced a 22% surge and reached its highest price since May 2022. The increase is attributed to factors such as the selling of SOL tokens by FTX's bankruptcy estate and the growth of deposits and usage of decentralized applications within the Solana ecosystem.
A Whooping 56% Of OP Max Supply Not Assigned, What Does This Mean?
Token Unlocks reports that a significant portion of the OP token maximum supply is still unassigned and will be voted on by the community. This could potentially impact OP prices as the unlock date approaches, although currently the token's value is supported due to the unassigned tokens.
CME Bitcoin Futures Open Interest Climbs Past Binance, Indicating Growing Institutional Demand
The open interest for bitcoin futures on the CME Group has surpassed that of Binance, indicating growing demand from institutional investors. CME's open interest has reached $4.06 billion, while Binance's is at $3.87 billion, as the value of bitcoin continues to rise.
Standard Chartered’s SC Ventures Partners With SBI to Establish Digital Asset Joint Venture in UAE
Standard Chartered's ventures arm, SC Ventures, and SBI Holdings are joining forces to create a digital asset joint venture in the UAE. The partnership will involve investing in various digital asset sectors, such as market infrastructure, risk tools, defi, tokenization, consumer payments, and the metaverse.
Ethereum Price Propels To 52-Weeks High, Here’s What Behind It
Ethereum (ETH) has reached its highest yearly price point, demonstrating a strong upward trend. This increase in price is supported by recent developments in the Ethereum network.
Can’t AI Take a Joke? Elon Musk and Sam Altman Trade Testy Tweets
The description discusses a recent online dispute between Elon Musk, owner of X (formerly Twitter), and Sam Altman, head of rival AI firm OpenAI, highlighting the eyebrow-raising moments that can occur in business competition. Altman's comments sparked the conflict, indicating the intensity and rivalry within the technology sector.
How to AI: How To Create Your First GPT
Sam Altman's announcement about the launch of GPTs at OpenAI's DevDay event created a significant impact among developers. With ChatGPT's robust AI model, developers can easily create a clone within ChatGPT in a matter of minutes, making it accessible to anyone.
Bitcoin ($BTC) Price Could Skyrocket Back to Previous High This Quarter, Analyst Suggests
A cryptocurrency trader predicts that Bitcoin's price could increase by over 95% to reach its previous all-time high of $69,000. The prediction was made on the microblogging platform X.
Solana SOL Price Surges Past $50 as Shorts Get Liquidated and TVL Explodes
Solana's price has surpassed $50 for the first time in 1.5 years, coinciding with the liquidation of over $17 million worth of short positions. Despite the milestone, it is expected that SOL's price will stabilize around the $50 level in the near future.
Algorand (ALGO) NFT Rewards Skyrocket: Transactions Surge 320% In Q3
Algorand, a smart contract platform, has made significant progress in Q3, experiencing a surge in user adoption, a successful NFT rewards program, and growth in its ecosystem. However, it faced challenges with declining stablecoin market caps and declining governance participation. The future trajectory of the ALGO token remains uncertain.
Is Crypto Winter Over? Depends Who You Ask
Despite claims of an optimistic return, cryptocurrency lacks a reliable indicator like Punxsutawney Phil to accurately predict its future.
Bitcoin Is Booming—You Can Earn More by Playing These Free Games
You can earn Bitcoin and stack satoshis while playing a variety of mobile games, including solitaire and puzzle games.
Distressed crypto lender Hodlnaut starts liquidation in Singapore
Hodlnaut, a company that suffered losses from the Terra collapse and FTX bankruptcy, is now going through liquidation in Singapore.
Elon slings AI-generated insults at GPT-4 after OpenAI’s CEO mocks Grok
Elon Musk and Sam Altman, the CEOs of Grok and OpenAI respectively, engaged in a playful feud on social media over the comedic abilities of their respective AI systems. Musk claimed that Grok is funnier than OpenAI's ChatGPT, while Altman compared Grok's humor to that of a grandpa.
New Study Explores “Gambler’s Fallacy” in Crypto Donations
A recent study by American business scholars focuses on the opportunities and risks of cryptocurrency donations for donors and charities, highlighting the concept of the "gambler's fallacy." The paper sheds light on potential benefits and challenges in handling such donations.
Bitcoin Price Rally In Acceleration Phase To $50k - Why BTC Could Hit $110k In The Bull Run?
Bitcoin investors are optimistic as the cryptocurrency moves closer to a bull market, with a potential six-figure target. The excitement is fueled by the possibility of Bitcoin spot trading being approved.
5 Best Bitcoin Mixers in 2023
This article discusses Bitcoin mixers, which are services that help users conceal the source of their BTC coins for increased privacy. It also highlights the top Bitcoin mixers currently available, providing readers with a deeper understanding of Bitcoin's background.
Maven 11 Targets $100 Million in Funding for Third Crypto Venture Fund
Amsterdam-based crypto venture capital firm, Maven 11, has announced its goal of raising $100 million for its third fund. The fund will focus on early-stage crypto projects aligned with Maven 11's mission to "redefine ownership."
Coinbase's COIN Major Reversal Pattern Unfolds: Details
Veteran trader Peter Brandt identifies a significant reversal pattern known as a Head and Shoulders Bottom for COIN stock, indicating a potential change in its direction. This pattern, also referred to as an Inverse Head and Shoulders, suggests a possible reversal from a downtrend to an uptrend.
IOTA 2.0 AMA
On November 6th, a Discord AMA was held to discuss the IOTA 2.0 protocol update. Community members asked Andrew Cullen, Andrea Villa, and others various questions about the series of videos, blog posts, and wiki pages introducing the update.
Poloniex's Justin Sun Announces 5% Bounty For Stolen $126 Million Funds
Justin Sun, the owner of Poloniex, offered a 5% reward to the hackers who stole more than $126 million. Following the incident, he posted an update on X (previously known as Twitter) on November 10th to address the significant loss.
China Outlaws NFT Theft, Recognizes Digital Collections as Property
China has made the act of stealing digital collections, such as NFTs, a criminal offense, signaling a notable change in the way digital assets are legally treated. The government's statement issued in November represents a significant development in China's approach to protecting digital property.
Ethereum (ETH) Price Analysis for November 10
The overall trend in coin prices is upward, but there are occasional exceptions. In the case of Ethereum (ETH), its rate has risen by 3.08% in the last 24 hours and has recently bounced off a local support level on the hourly chart.
Bitcoin Behemoth: Whale Gathers Accumulated $500 Million in BTC Year-to-Date to Sit on Massive Unrealized Gains
A Bitcoin whale has acquired more than $500 million worth of Bitcoin in 2021, employing a dollar-cost averaging approach. This strategy has resulted in unrealized profits surpassing $126 million for the investor.
Immutable (IMX) up 27% After This Mega Partnership
Immutable (IMX) has seen a significant increase in value, rising 27% to $1.15 in the past day. However, it is currently experiencing high volatility as bears attempt to drive prices below the $1 support level.
Can Shiba Inu (SHIB) Price Finally Move Outside 455-Day Pattern?
The Shiba Inu (SHIB) price is approaching the resistance trend line of a significant long-term pattern, potentially indicating a bullish rally. Additionally, the price has recently broken out of a shorter-term corrective pattern, which further supports the possibility of a new upward trend.
US Regulatory Headwinds Put XRP at Risk, Says Ripple CEO
Ripple's CEO, Brad Garlinghouse, has expressed strong criticism towards the US regulatory landscape and its chair, Gary Gensler. This criticism raises concerns for investors of XRP, as it hints at potential difficulties ahead.
Here’s How High Bitcoin Could Soar in the First Year of Its Bull Cycle, Says Crypto Analyst Michaël van de Poppe
A prominent crypto trader is revising his predictions for Bitcoin's performance in the first year of a bull cycle. According to crypto analyst Michaël van de Poppe, Bitcoin has the potential to experience significant price increases in the near future, as mentioned in a video for his YouTube subscribers.
Nouriel Roubini’s crypto secretly wishes it was bitcoin
Nouriel Roubini, a critic of cryptocurrencies, proposes the creation of Atlas, a cryptocurrency that would serve as a safe haven from inflation and global conflicts, outperforming the US dollar indefinitely. However, there are doubts about the feasibility and effectiveness of this proposed solution.
Poloniex Hack: Total Funds Stolen Reaches Over $126 Million; BTC, ETH, SHIB Most Impacted
Poloniex, owned by Tron founder Justin Sun, experienced a hack resulting in the theft of over $126 million. Sun confirmed the incident following reports on Crypto Twitter about the potential hacking at Poloniex.
Wells Fargo Refuses To Refund Customer After Thousands of Dollars Allegedly Exits Bank Account Without Authorization: Report
A major US bank is allegedly refusing to refund a customer who claims over $3,700 disappeared from his business account. The customer, Mike Mitchell, who operates a home rental company in Florida, reported the unauthorized transfer but has not received reimbursement.
ChatGPT predicts Dogecoin price for start of 2024
Dogecoin has performed well amidst an optimistic cryptocurrency market, with most digital assets trading positively. Crypto analyst Ali Martinez provided an interesting update on X on October 29.
Popular Market Maker Announced Investing in a New Altcoin, The Rise Began!
DWF Labs, a significant market maker in the cryptocurrency market, recently invested in Velo Labs, resulting in an increase in the price of VELO. For more information, please refer to the provided link.
XRP Giant Cup Formation Shows XRP Needs to Break Fib. 0.70 Level for Bullish Continuation
Prominent analyst EGRAG believes that XRP is nearing a significant trendline at the $1.2 price point, which, if broken, could trigger a major upward price surge. In his recent analysis, EGRAG emphasized the importance of this trendline for XRP's future price movements.
Grayscale 'Constructively Engaging' With SEC on Spot Bitcoin ETF, Says CEO
Crypto asset manager Grayscale Investments is in ongoing communication with the SEC regarding its proposal to transform its bitcoin trust into a bitcoin ETF, according to CEO Michael. The company is actively working towards gaining regulatory approval for this conversion.
Solana's SOL Rallies 20% in a Day, Erasing Woes of Past 18 Months
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Researchers claim Bitcoin experiment generated almost 300% higher returns than hodling
A recent study conducted by researchers from Greek universities supports the efficient market hypothesis (EMH) for bitcoin trading and claims to have developed models that outperform the hodl strategy by nearly 300% in simulated crypto portfolios. While the results provide credence to the idea that EMH can be a useful tool for cryptocurrency traders, the study's reliance on historical data and simulated portfolio management may not convince those who have a strong opinion against the efficacy of EMH.
Crypto Lender Hodlnaut Ordered to Wind Up, Repay 17,000 Customers
Hodlnaut has confirmed having more than 17,000 users on its platform, all of whom have outstanding funds.
We've Seen the FTX Collapse Before
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NEAR Foundation And Eigen Labs Team Up To Improve Web3 Transactions On Ethereum Rollups
The NEAR Foundation has partnered with Eigen Labs to develop a fast finality layer for Ethereum rollup transactions. The collaboration aims to significantly reduce transaction processing times to 3-4 seconds and make transactions 4000 times cheaper, improving liquidity and user experience in the Web3 ecosystem.
This Week in Coins: Bitcoin Hits 18-Month High, Solana’s Market Cap Closes in on USDC
Bitcoin's price increased this week, while other alternative cryptocurrencies also saw significant gains. There were multiple factors contributing to this positive trend.
Studies Show That AI Is Indeed Coming for Freelancers' Jobs
Since the introduction of ChatGPT, freelancers have experienced a decrease in the quantity and financial return of their job opportunities, according to multiple studies.
Top 10 Cryptocurrencies With the Biggest Gains This Week: FTT, LUNA, TIA, LUNC, IMX & More.
This week, the cryptocurrency market experienced significant gains, with coins like FTX Token (FTT), Kaspa (KAS), and Sui (SUI) seeing triple-digit percentage spikes and doubling in price. The top-performing cryptocurrencies included FTT, Luna (LUNA), Tia (TIA), Lunc (LUNC), and IMX.
Ethereum Daily Revenue Soars To A 4-Month High Of $10 Million
Ethereum's daily revenue has surged to its highest level in four months, reaching $10 million as prices remain above $2,000 and trading volumes remain decent. With the increasing adoption of layer-2 and sidechain scaling solutions, the network's revenue is expected to continue expanding in the long term, especially with the implementation of Ethereum 2.0's Sharding solution.
The Three Most Successful Cryptocurrency Whales of October Announced: Here Are Their Current Altcoin Portfolios
An analysis company has revealed the top three cryptocurrency whales for October and their current altcoin portfolios. The detailed information can be found in the provided link.
Swiss Financial Giant UBS Now Offers Crypto ETFs to Wealthy Clients in Hong Kong, Report
Swiss financial giant UBS is now providing access to cryptocurrency exchange-traded funds (ETFs) to its wealthy clients in Hong Kong. UBS is starting by offering three crypto ETFs that have received regulatory approval from the Securities and Futures Commission.
Binance Launches Web3 Wallet to ‘Lower the Barrier’ for Self Custody
Binance has launched a Web3 wallet that aims to simplify user experience and protect user funds when using decentralized apps. The wallet uses multi-party computation (MPC) technology, eliminating the need for users to memorize or handle seed phrases.
Optimism’s OP Token Surges 10% as Volume Explodes: Why This Layer 2 Is Poised to Scale New Heights
Ethereum scaling solution Optimism has surged 10% to reach $1.72, capping off a strong month for the token which has gained 37% over the past 30 days due to a significant increase in trading volume. This has positioned Optimism's layer 2 solution for further growth and scaling.
Mango Markets’ exploiter to face trial in April, and Coinflux shuts multichain: Finance Redefined
The fraud trial of the Mango Markets exploiter, who allegedly stole $116 million, has been postponed to April 8, 2023. The Conflux multichain protocol, ShuttleFlow, is shutting down after two years but user funds will be migrated to Zero Gravity.
Solana Touches $50 Per Coin While Tron and Optimism See Gains
The price of SOL has surged by 128% in the last 30 days, bringing it close to surpassing USDC's market capitalization.
Northstake Becomes NEAR Validator Following $3 Million USD Raise
Denmark-based digital asset service provider, Northstake A/S, has become a validator for the NEAR Protocol, affirming their dedication to enhancing security. This is a significant development for Northstake in their role as a reputable service provider for digital assets.
Top Memecoin Gainers This Week
The cryptocurrency market had an exciting week, as many digital assets saw notable gains. Meme coins, which have playful origins and dedicated communities, particularly stood out during this time.
Bulls Propel BONK to 12-Month High: Will the Momentum Hold?
Bears in the Bonk market pushed the price down from its starting point to a 24-hour low before finding some recovery. The negative trend was countered by bulls who drove the price of BONK upwards to a 12-month high.
Shiba Inu Records 406% Whale Activity Spike, Here's Amount of SHIB Moved
The Shiba Inu cryptocurrency, which is related to dogs, has experienced a significant increase in large transactions, totaling $65.87 million worth of SHIB. Large transactions are classified as transfers exceeding $100,000 by IntoTheBlock.
Bitcoin (BTC) Price Analysis: Pause After 37999 Print – 11 November 2023
The price of Bitcoin (BTC/USD) experienced a temporary pause after reaching its strongest level since May 2022, trading as high as the 37999 area. The pair is currently taking a break during the Asian session.
Microsoft briefly blocks ChatGPT for its employees, attributing error to systems test
On November 9th, Microsoft had temporarily restricted employee access to ChatGPT and other AI tools, according to CNBC. The screenshot seen by CNBC suggested that employees were unable to use the AI-powered chatbot, ChatGPT.
BlackRock Ethereum ETF Plans Spur On Bitcoin ETF Token Investors to Take Last Chance to Buy at Low $0.005 Price
On November 10, 2023, BlackRock's announcement of launching an Ethereum ETF has resulted in a significant increase in ETH price and intensified the competition to invest in the Bitcoin ETF Token.
Bitcoin’s new high signals major market shift: analysis and predictions
This description discusses the reasons behind Bitcoin's recent bullish run and the increasing excitement surrounding a U.S.-based Bitcoin ETF. It explores market trends and predictions.
Bitcoin, Ethereum to Explode: Arthur Hayes Trolls Community With Bold BTC, ETH Price Predictions
Arthur Hayes, the cocreator of BitMex and CIO of Maelstrom, shared his recent trip to Easter Island and made a bold prediction that Bitcoin will reach $1 million and Ethereum will reach $100,000.
BTC Miners Sold Over 5,000 Bitcoin Since Price Topped $34K
Crypto data analyst Ali reported that Bitcoin miners have been selling their holdings as the cryptocurrency surpassed $34,000. They have sold over 5,000 Bitcoins, equivalent to a significant value.
After Clearing 900-Day Resistance, Can Dogecoin (DOGE) Price Sustain Increase?
The price of Dogecoin has recently broken through resistance trend lines, but its rate of increase has not significantly accelerated. It remains to be seen if the price will continue to rise at a faster pace.
Ethereum Addresses in Profit Soar to 75% as ETH Faces Potential Free Flow to $2,500
The majority of Ethereum addresses are currently in a profitable position, indicating a positive outlook for the future of the asset. This data is based on the "In/Out of the Money" metric from IntoTheBlock, a crypto analytics platform.
Bitcoin Price Analysis: Altcoins in Focus as BTC Rally Continues
The price of Bitcoin reached $37,500 on November 10th but couldn't maintain its momentum and dropped back down to $38,000 the following day. The recent upward trend in Bitcoin, which has been ongoing for approximately 20 days, appears to be distinct.
ProShares Bitcoin Futures ETF on Track to Break New Record
The ProShares Bitcoin Futures ETF, also known as 'BITO', has experienced significant growth in recent days, doubling in value. ETF analyst Eric Balchunas from Bloomberg noted this exceptional performance in a recent post on X.
Binance to Cease Accepting Russian Ruble Deposits, Withdrawals to Follow
Binance, the popular crypto exchange, is further withdrawing from the Russian market by discontinuing the acceptance of deposits in Russian rubles. This move follows their previous exit plans from Russia.
BTC Soars as Binance’s CEO Shares It Traded at $15,588 a Year Ago
Binance CEO Changpeng Zhao, also known as CZ, mentioned in a post that Bitcoin was trading at $15,588 one year ago, emphasizing its remarkable performance over the past year.
Is A Bearish Reversal Coming For Bitcoin? This Metric May Warn So
The Bitcoin taker buy-sell ratio is encountering resistance, suggesting a potential bearish reversal for the cryptocurrency. Past patterns indicate that when the 100-day exponential moving average crosses above the 350-day moving average, Bitcoin tends to experience bullish momentum, but if the 100-day EMA is unable to break through resistance at the 1-level, a bearish reversal may occur.
JPMorgan Chase and Citibank Are Abruptly Terminating Accounts, Triggering Chaos and Confusion for Customers: Report
A new report criticizes JPMorgan Chase, Citibank, and the US banking system for systematically pushing out loyal customers. Around 200 former Chase customers have lodged complaints with the New York Times about being impacted by this "exiting" process.
Bitdeer and NVIDIA Partner to Launch AI Cloud Service in Asia
Bitdeer Technologies Group and NVIDIA are collaborating to launch Bitdeer AI Cloud in Asia, which will utilize NVIDIA DGX SuperPOD technology to meet the increasing demand for AI computing power in the cloud PaaS market.
ETH to Surpass $5,800 by End of 2025 — Experts See Lowest Price of $1,352 in 2023
The latest Finder's prediction report states that ether (ETH) is expected to have an average value of $1,840 by the end of the year and to reach $5,824 by the end of 2025. However, regulatory uncertainty and macroeconomic challenges could lead to a drop in the value of ether to as low as $1,352.
‘Confidential’: Free ChatGPT Users Briefly Get Access to GPT-4
The possibility of a free version of ChatGPT with the advanced GPT-4 technology remains uncertain, as only OpenAI has the answer.
Poloniex Hot Wallets Hacked, $65M Seemingly Stolen: On-Chain Data
Poloniex, a cryptocurrency exchange, experienced a significant security breach resulting in the theft of approximately $60 million from their hot wallets. The incident highlights the ongoing vulnerability of cryptocurrency exchanges to hacking attacks.
Bitcoin Cash (BCH) and Stellar (XLM) Faces Market Trends: What Should Investors Expect?
A Forbes analysis predicts a potential surge in cryptocurrency market valuation, with a potential increase of $300 billion in market capitalization in November. This forecast is based on historical patterns and suggests a significant shift in valuation.
Ur-Media and Reality, Inc
The Withdrawal Issue describes the increasing use of censorship, surveillance, and disinformation campaigns to create confusion and mistrust among skeptics. However, the rise of ur-media is challenging these deliberate illusions, leading to their dismantling.
Maximizing Efficiency in High Fee Environments: A Guide to Bitcoin UTXO Consolidation
This article explains the importance of managing unspent transaction outputs (UTXOs) in order to minimize costs and maximize efficiency in high fee environments. Consolidating multiple UTXOs can help users reduce fees and optimize their bitcoin management.
BlackRock filing means ‘nuclear winter for everybody who doubted Ethereum,’ analyst says
Bitcoin futures open interest on the CME has surpassed Binance, indicating a growing interest from institutional investors.
Top Crypto That Will Skyrocket Soon – Bitcoin (BTC), Cardano (ADA), Ripple (XRP), Litecoin (LTC), Chainlink (LINK)
The cryptocurrency market is experiencing heightened anticipation and anxiety, with a potential $300 billion market shift on the horizon. Bitcoin, in particular, has been showing significant growth and its value continues to rise, leaving many people wondering if it's too late to invest.
Bitcoin Price Surges to 18-Month High Above $37,000
The increasing excitement around a Bitcoin spot ETF is driving up the price of the cryptocurrency, causing it to reach its highest level in 18 months.
OpenAI Battles Service Disruption Linked to Russian Hackers
OpenAI has connected the recent outages of ChatGPT and its API to a Distributed Denial of Service (DDoS) attack. These attacks overwhelmed the system and caused disruptions in its functioning.
UBS to let wealthy clients trade crypto futures ETFs in Hong Kong: report
UBS plans to offer certain wealthy clients in the city access to trading futures-based crypto ETFs, following in the footsteps of rival HSBC. This move comes amidst the growing popularity of cryptocurrency investments among affluent individuals.
Former OneCoin Compliance Chief Pleads Guilty to Fraud and Money Laundering
Irina Dilkinska, the former head of compliance for the fraudulent cryptocurrency scheme OneCoin, pleaded guilty to charges of wire fraud and money laundering in a Manhattan federal court. She was responsible for compliance at OneCoin and admitted to participating in illegal activities.
Roblox CEO teases allowing NFTs, offers Elton John capes as example
Roblox is optimistic about the potential of integrating NFTs into their platform, which could have positive implications for the web3 ecosystem in the future.
Ether Surges to 7-Month High, Outshines Bitcoin on BlackRock ETF Plans; Altcoins Plunge
Bitcoin reached its highest price in 18 months, peaking close to $38,000, but then experienced a significant decrease in value.
Staking Tokens Post Double-Digit Gains on BlackRock Ethereum ETF Hype
BlackRock's interest in filing for an Ethereum ETF has spurred a rally in liquid staking tokens associated with the cryptocurrency.
China declares stealing digital collections like NFTs liable for criminal theft sentence
The Chinese government has declared that theft of digital collections, including NFTs, will be subject to theft sentences as it violates protection laws and interests related to illegally obtaining computer information system data. The government recognizes digital collections as "network virtual property" and emphasizes that these collections should be recognized as property under criminal law.
Ubisoft Partners with Blockchain Studio Immutable to Develop Web3 Games
Video game publisher Ubisoft has announced a partnership with blockchain game developer Immutable to create web3 games. The collaboration will leverage Ubisoft's AAA game development expertise and Immutable's blockchain gaming experience to integrate features like digital asset ownership into the games.
The Union Of Bitcoin And The Climate Change Agenda
Adopting strategies from the global green movement can greatly support the widespread adoption of Bitcoin.
JPMorgan Adds Programmable Payments ‘Holy Grail’ to JPM Coin
Siemens AG, a German company, has successfully utilized the newly introduced automated fund transfer feature.
Nigeria and UK foundation launch Code Clubs for digital literacy
The Nigerian Government has partnered with the Raspberry Pi Foundation to launch Code Clubs across Nigeria, aimed at introducing young students to coding and digital technology. The initiative seeks to foster digitally literate and innovative young minds, and will initially start from 17 knowledge exchange centers before expanding to other locations nationwide.
Bitcoin Could Hit $69K by Mid-2024 as It Enters Acceleration Phase, Analyst Says
BTC prices have experienced a significant increase this year, doubling in value due to traditional finance firms promoting a spot ETF initiative.
And It’s Gone
The description discusses the blurred boundary between politics and online communication, particularly analysing the "And it's gone" meme from South Park in relation to Occupy Wall Street and comparing it to the current "Money printer go brrr" memes as a form of activism. This analysis is taken from "The Withdrawal Issue".
SEC Chair Gensler: Anybody Wanting to Be in Crypto Must ‘Do It Within the Law’
SEC Chairman Gary Gensler has emphasized the importance of operating within the law for those involved in crypto. He specifically advised crypto trading platforms to gain investors' trust and avoid engaging in practices that could harm customers.
OpenAI CEO Sam Altman Slams Elon Musk's Grok As 'Cringey Boomer Humor'
Sam Altman, creator of ChatGPT, criticized Elon Musk and his chatbot Grok, calling it "Cringey boomer humor." Altman shared a screenshot of the latest version of ChatGPT on November 9.
Binance to terminate Russian ruble deposits next week
Binance Russia will no longer accept deposits in Russian rubles starting November 15, 2023, and users have until January 31, 2024, to withdraw their funds. Binance has advised users to transfer their funds to CommEX, a new crypto exchange business that acquired Binance's Russian division.
Ark Invest and 21Shares Team Up to Launch Crypto ETF Suite
ARK Invest and 21Shares have partnered to launch a suite of five crypto ETFs that will provide investors with exposure to digital assets such as Bitcoin and Ethereum futures contracts, as well as equities of blockchain companies.
Bitcoin Inscription Number 76 Sells for $60,000 in Latest Sub-100 Ordinals Sale
Bitcoin Magazine's Rare BTC has brokered yet another high-value transaction, as inscription number 76 was sold for 1.7 BTC.
Bitwise insists 'no affiliation' with startup facing SEC charges
Bitwise Asset Management, a crypto index fund manager, has clarified that it has no relationship with Bitwise Industries, a failed technology startup currently facing charges from the SEC for fraud. The confusion caused by their identical names has led to posts on social media using Bitwise Asset Management's logo, but the company has stated that the two are unrelated.
BlackRock's Ethereum ETF Plan Is Confirmed in Nasdaq Filing
The world's largest asset manager recently caused a stir by expressing interest in launching a bitcoin Exchange Traded Fund (ETF). This move signifies their entrance into the cryptocurrency market.
Bitcoin, Ethereum Technical Analysis: Bullish Trends and Overbought Signals in BTC and ETH
Despite a drop in global equities, the crypto market remained strong, with a total value of $1.4 trillion. Bitcoin and Ethereum are navigating through market uncertainty successfully.
Justin Sun’s crypto exchange Poloniex seemingly hit by $60 million hack
Poloniex, a centralized cryptocurrency exchange, has reportedly been hacked, specifically on one of its wallets identified as Poloniex 4 on Etherscan.
Bitcoin ETFs will drive institutional adoption in 2024 — Galaxy Digital’s Mike Novogratz
Galaxy Digital CEO Mike Novogratz believes that the approval of a Bitcoin spot ETF is inevitable and will drive institutional investment in the cryptocurrency sector. He predicts that 2024 will see significant institutional adoption of cryptocurrencies, starting with a Bitcoin ETF followed by an Ethereum ETF.
Circle Revamps Stablecoins USDC, EURC With Upgrade Focused on Gas and Security
Circle has released a v2.2 upgrade for its stablecoins, USD Coin (USDC) and Euro Coin (EURC), with the main focus on reducing gas costs and improving security. The upgrade aims to open up new possibilities for the stablecoin suite.
Crypto analytics firm Block Scholes raises $3.3 million to boost growth
A London-based crypto data firm has announced that a variety of traditional and crypto-focused investors took part in its recent funding round.
Institute for blockchain and crypto research opens in France
The Institute of Crypto-Assets has officially opened in Paris, France. The Institute will focus on research and education related to blockchain technology and cryptocurrencies, with a scientific board of 11 experts and a committee of 6 practitioners overseeing its work.
Michael Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit
MicroStrategy, the business software company led by Michael Saylor, currently possesses over 158,000 bitcoins as of Friday.
BlackRock ETH ETF helps price past $2K; community sees BTC ETF as ‘done deal’
Asset manager BlackRock has filed for a spot Ether (ETH) exchange-traded fund (ETF), following its previous filing for a spot Bitcoin ETF. The filing had a positive effect on the crypto market, with ETH prices surpassing $2,000 for the first time in over a year.
Ethereum Fees Briefly Jumped to $100 After BlackRock’s ETH ETF Filing
According to data, fees reached a peak of 270 gwei on Thursday, briefly reaching a level not seen since June 2022.
Ethereum ETFs are Coming: Blackrock Files With the NASDAQ
Asset management giant BlackRock has filed with the SEC to launch an Ethereum ETF that would hold ether, following a previous filing for a bitcoin ETF. This move indicates BlackRock's entry into the cryptocurrency market.
Everyone's Thinking About Second Layers Is Backwards
The design and functioning of a second layer on Bitcoin have significant effects on the base layer, making the understanding of its nature crucial. Therefore, it is essential to consider how a second layer operates in order to grasp its implications on the underlying infrastructure.
CME tops Bitcoin futures OI as ‘real facts’ drive institutional uptake
Bitcoin is expected to receive a significant amount of institutional investment, while Ethereum may also see a boost from the approval of an exchange-traded fund (ETF). According to Dan Tapiero, founder and CEO of 10T Holdings, this influx of capital could have a major impact on the adoption of Bitcoin by traditional financial institutions.
Ripple Expands Payments Network to 70+ Crypto and Traditional Payout Markets
Ripple has extended its payments network to over 70 crypto and traditional payout markets, encompassing 90% of the global foreign exchange market. The company has processed more than $30 billion in payment volume so far.
Meta's Next AI Gambit? Llama 3 Rumored for Early 2024
Meta's upcoming Llama AI release is anticipated to pose a competitive threat to OpenAI's GPT-4, however, the timing of its launch has not been disclosed by Mark Zuckerberg.
UBS Group’s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg
Following HSBC's announcement of launching a digital-assets custody service for institutional clients, the bank's decision to join the cryptocurrency trend comes swiftly.
Bitcoin Beyond BIP-300: What Future Holds For ‘DeFi On BTC’
The reintroduction of a proposal about Bitcoin sidechains has divided the crypto community. While the proposal aims to enhance the utility of Bitcoin, its limitations have sparked controversy, leading some to consider a solution involving a merge-mined blockchain with Bitcoin that also incorporates gas fee-friendly economics.
House Approves Amendment to Limit SEC’s Crypto Enforcement Authority
The U.S. House of Representatives has passed an amendment that restricts the power of the SEC to enforce regulations on the crypto industry. Congressman Tom Emmer criticized SEC Chair Gary Gensler and pledged that Congress will oversee the agency's actions.
Google and Anthropic Are Gunning for AI Dominance with New Chips
Anthropic's Claude LLM utilizes Google's TPU v5e chips, giving it a significant advantage in AI computation and expanding the limits of AI technology.
CME Topples Binance as Top Bitcoin Futures Exchange as Crypto ETF Excitement Soars
The rise of CME to the top rank has shown the increasing interest and demand from large traditional financial institutions for bitcoin, as it is predominantly used by them. An analyst emphasized the significance of this trend, pointing out the growing institutional involvement in the cryptocurrency market.
OpenAI and Microsoft partner with Humane on wearable AI pin
AI startup Humane has launched a wearable virtual assistant called AI Pin, which incorporates technology from OpenAI and cloud computing services from Microsoft. The device allows users to interact with a virtual AI-powered assistant through tapping, touchpad gestures, and a laser ink display, and offers features such as message crafting, email sorting, music experiences, and foreign language interpretation.
Blackrock Files to Launch Ethereum Trust ETF on Nasdaq, Eyes Spot Crypto Market Entry
Blackrock, through its subsidiary Ishares Delaware Trust Sponsor LLC, has filed a form with the SEC to list shares of the Ishares Ethereum Trust on the Nasdaq, further expanding its involvement in the cryptocurrency market. This move comes as regulatory clarity regarding cryptocurrencies has improved.
Humane Launches Wearable AI Pin With a $700 Price Tag
This description highlights that the device seamlessly incorporates AI technology into everyday routines, but raises concerns about privacy due to its cost.
Wild.io Casino Review: Is it Legit & Safe to Use? All The Pros & Cons
Wild.io is a new bitcoin casino that launched in 2022 with a generous welcome bonus up to $5,000, instant withdrawals, and a user-friendly mobile experience. For a detailed review of Wild.io, including its legitimacy and safety, check out the article on Blockonomi.
Senator Introduces ‘Keep Your Coins Act’ to Protect Right to Use Self-Hosted Wallets
The Keep Your Coins Act, recently introduced in the Senate, aims to protect the right of individuals to use self-hosted wallets to store their cryptocurrencies. The bill also aims to prevent federal agencies from proposing rules that would limit an individual's ability to act as a self-custodian of digital assets.
Bitcoin Price Up 15,000,000% Since First Blogger Obituary
Thirteen years ago, a blogger made an erroneous prediction about the demise of Bitcoin, but today the cryptocurrency has seen an incredible surge of 15,000,000% in value, proving the blogger wrong.
Why the Creator of Netflix's 'Selena' Is Saying No to Hollywood—And Yes to NFTs
Moisés Zamora, an experienced studio professional, is launching Videomart, a platform that supports indie filmmakers using NFT technology. The platform aims to provide a space for independent creators to showcase their work while leveraging the benefits of blockchain-backed non-fungible tokens.
Expert Says XRP Community Was Right About ETHGate Allegation
Crypto media analyst Joshua Jake supports XRP community members' claims about the Ethereum scandal, expressing agreement with their allegations. In a recent post, Jake affirms that the XRP community was accurate in their assessment of the ETHGate controversy.
Wild Bitcoin, Ether Price Swings Spur $400M of Crypto Liquidations, the Most Since August
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OneCoin legal chief pleads guilty to money laundering and wire fraud: DOJ
The head of legal at OneCoin has pleaded guilty after being accused of involvement in a scheme that resulted in significant losses for investors.
Elon Musk: None of My Companies Will Issue 'Crypto Tokens'
Elon Musk has announced that none of his companies, including Tesla, SpaceX, Neuralink, and xAI, will be issuing a crypto token, indicating that they have no plans to launch one in the near future.
Hong Kong ‘ready’ to capitalize on crypto’s next bull run: Hashkey Capital
The crypto sector in Hong Kong is set for significant growth in the next four to five years, according to Jupiter Zheng, a partner at Hashkey Capital. He believes that Hong Kong is well-prepared for mass crypto adoption due to the presence of new Web3 projects and positive regulatory developments.
Want Free Rare Pokémon Cards? Courtyard Is Giving Them Away via NFTs
Courtyard, a crypto collectibles startup, is running a giveaway where they are distributing branded mystery packs of Pokémon cards that have been graded and tokenized.
Celsius to Emerge from Bankruptcy With Repayment Plan Approved
With $450 million in seed funding from a new entity, the failed crypto lender has the potential to revive its operations.
EU Parliament Approves Data Act With Smart-Contract Kill Switch Provision
The final version of the bill, reviewed in July, included a clause allowing for a smart-contract kill switch.
BlackRock has filed to register a new iShares Ethereum Trust entity in Delaware
BlackRock, a major asset management company, has recently registered a new entity called iShares Ethereum Trust in Delaware.
XRP Transfers Hit Mega Millions, Possible Reasons
XRP is experiencing a bearish sell-off as major whales are transferring significant amounts of XRP to exchanges for selling. The transfers, totaling 100,000,000 XRP, were identified by crypto data insights provider Whale Alert.
Cryptoqueen’s OneCoin legal chief pleads guilty to fraud
The former head of legal and compliance at OneCoin has pleaded guilty to wire fraud and money laundering charges in relation to the $4 billion crypto trading scheme. She faces a maximum sentence of 10 years in prison.
Ark CEO Cathie Wood Would Hold Bitcoin, Not Gold for the Next 10 Years
Bitcoin advocate Cathie Wood believes that gold is no longer a valuable investment and that its era has passed.
Litecoin (LTC) and Arbitrum (ARB) Ready To Explode
The cryptocurrency market is expected to see a $300 billion increase in valuation, as major cryptocurrencies like Bitcoin, Ethereum, and XRP, along with assets like Litecoin (LTC) and Arbitrum (ARB), experience significant gains. This prediction is supported by historical data.
HSBC Announces Plans to Offer Digital Assets Custody Services for Institutions
HSBC plans to launch an institutional digital assets custody service in 2024 due to growing demand from asset managers and owners. Zhu Kuang Lee, the chief digital, data, and innovation officer at HSBC, stated that the London-based bank has seen a rising need for these services.
The Trading Tools Institutions Need to Enter DeFi
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Ripple XRP Expands Global Reach with New Initiative in Africa
Crypto firm Ripple has partnered with African payment fintech Onafriq to facilitate cross-border payments for digital assets between Africa and other markets, including the GCC, the UK, and Australia. The company has also enhanced its payment services to attract more corporate clients, recognizing the vast potential of the African market.
Turkish lira becomes top crypto trading pair on Binance in Sept. 2023
The Turkish lira has become the most dominant fiat trading pair on Binance in September, accounting for 75% of all fiat volume. This surge in lira trading can be attributed to the recent influx of crypto investors in the Turkish market.
Still Got Useless Reddit Moons? Here’s How to Turn Them Into Bitcoin
Reddit's cryptocurrency will soon have limited functionality, preventing users from using it for various activities. However, users will still have the option to convert and withdraw the cryptocurrency as cash.
Coinbase, Ether Liquid Staking Tokens Lido, RocketPool Surge on BlackRock ETH ETF News
BlackRock, the asset management giant, has registered a Delaware company for a spot ether trust, leading to speculation that they may file for an exchange-traded fund (ETF) related to ether.
Circle releases v2.2 for USDC and EURC stablecoins with improvements to account abstraction, security, and lower gas fees
The new features of this update include lower gas costs, improved support for account abstraction, and enhanced security for transactions on EVM blockchains.
FedNow's Impact on Your Financial Freedom: What You Need to Know
The Federal Reserve is facing criticism for attempting to suppress objections against its FedNow service, revealing the tension between centralized control and decentralized freedom in the financial industry. This clash raises concerns about the extent to which the Federal Reserve seeks to exert its influence over the market.
SafeMoon CEO bail release goes on hold after Feds cite flight risk
SafeMoon CEO Braden John Karony's bail release order has been put on hold by US federal prosecutors due to concerns about his potential flight risk and the danger he may pose to the community. Prosecutors argue that Karony has access to substantial financial assets and has overseas connections that could help him evade justice.
Ethereum’s Critical Event Devcon 2023 is Just a Short Time Away: Which Altcoins Listed on Binance Could Be Affected?
The Ethereum developers conference, DevConnect IST 2023, is just three days away and is expected to generate much anticipation as it takes place in Istanbul this year. Running from November 13-19, the conference is set to create a buzz in the cryptocurrency market.
'Rich Dad, Poor Dad' Author Issues Critical Warning and Keeps Buying Bitcoin (BTC)
Robert Kiyosaki, renowned financial expert and author of "Rich Dad, Poor Dad," has issued a crucial warning to his millions of followers on the X social media platform. Kiyosaki's message is expected to have a significant impact on his dedicated audience.
Roblox CEO Envisions In-Game NFTs as Part of Open Ecosystem 'Dream'
Roblox CEO David Baszucki expressed the possibility of introducing limited edition NFT items in the future within an open ecosystem, but it remains uncertain whether this plan will be implemented.
The History of the Mt Gox Hack: Bitcoin’s Biggest Heist
Mt Gox, once the largest bitcoin exchange in the world, went bankrupt in 2014, causing users to lose access to their assets. The incident, known as the Mt Gox Hack, has been described as bitcoin's biggest heist.
47 countries pledge to authorize the crypto-asset reporting framework by 2027
The Crypto-Asset Reporting Framework (CARF) is being implemented as the new international standard for the automatic exchange of information between tax authorities. Nearly 50 national governments have pledged to incorporate CARF into their domestic law systems.
Crypto lender Celsius makes its way out of bankruptcy following judge’s order
Celsius, a company previously in bankruptcy, received court approval for a plan that includes using a mining firm to repay its creditors, signaling its recovery.
Bitcoin And The Pedagogy Of The Oppressed
In "The Withdrawal Issue," Jason Maier discusses how the current state of education perpetuates a financial system reliant on fiat currency. He argues that a lack of proper financial education enables the continued use of fiat currency.
CME overtakes Binance to grab largest share of Bitcoin futures open interest
Bitcoin futures open interest on the Chicago Mercantile Exchange (CME) has surpassed that of Binance, leading to analysts highlighting this "flippening" and questioning if it will address the SEC's concerns about market manipulation. The CME's growing open interest in Bitcoin futures may be a factor in the approval of Bitcoin ETF applications.
Ethereum Has Gone Deflationary Again—Here's Why and What It Means
ETH experienced a prolonged deflationary period this week, raising questions about its driving force and potential duration. The reasons behind the trend and its future sustainability remain uncertain.
Ripple Moves 148 Million XRP On-Chain As XRP Price Dips 6%
Recently, Ripple Labs' wallets transferred millions of XRP within a day, increasing concerns about a potential selloff as XRP's value dropped by 6%. Recorded data from Whale Alert revealed multiple transfers during this period.
Can Stablecoins Get Past Their Instability?
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Flashbots co-founder unveils Telegram trading bot ‘Alfred’
Stephane Gosselin, co-founder of Flashbots, has created a Telegram bot that allows users to execute token swaps on the Ethereum network. The bot simplifies the process of swapping tokens on Ethereum.
Marathon Digital Holdings Launches Pilot Landfill Methane-Powered Bitcoin Mining Project
Marathon and Nodal Power are teaming up to reduce landfill methane emissions, which could potentially encourage carbon-negative bitcoin mining. This partnership aims to address environmental concerns by utilizing renewable energy sources for mining operations.
Watch Out: Millions of Dollars Worth of Hack Activity Estimated to Have Occurred in This Cryptocurrency Exchange
There has been an estimated large-scale hack attack on a popular cryptocurrency exchange, resulting in potential losses of millions of dollars. More information can be found at the provided link.
Binance Announced That It Listed This Altcoin In Futures, The Price Started To Rise!
Binance, a Bitcoin exchange, will introduce the altcoin ILV with 50x leverage in futures trading, resulting in a price increase. For more details, visit here.
Ripple CEO Garlinghouse Announces the Total Amount of Money to be Spent on the SEC Case!
Ripple CEO Brad Garlinghouse has revealed that the company will allocate millions of dollars to cover legal expenses related to their ongoing case with the SEC. The announcement was made in a statement by Garlinghouse.
Cardano Founder Says ‘Looking For The End of Crypto Winter’
Charles Hoskinson, the founder of Cardano, recently announced on X that he is seeking to bring an end to the cryptocurrency market's downturn, known as the crypto winter. Hoskinson shared a picture of himself skiing while wearing a motorbike helmet.
Polygon Village launches $90 million fund for ecosystem development
There is a funding opportunity for projects to receive support, mentorship, and grants totaling over 110 million MATIC tokens. This support is meant to aid in the development of their applications.
Nasdaq files for BlackRock’s proposed iShares Ethereum Trust ETF
BlackRock has confirmed that it is developing a spot ether ETF, as indicated by a regulatory filing. This suggests that the asset management company is exploring the possibility of offering exchange-traded funds for ether.
Supplier of Over 40,000 Merchants in El Salvador Now Accepts Bitcoin
Distribuidora Morazán is making a strategic move to facilitate Bitcoin adoption among businesses in El Salvador, aiming to promote and support business-to-business transactions using the cryptocurrency.
2 Years Ago, Bitcoin Hit an All-Time High. Is Another Rally on the Way?
In November 2021, our enthusiasm was characterized by irrational exuberance.
Ether surpasses $2,000 for first time since July as BlackRock registers iShares Ethereum Trust entity in Delaware
The price of Ether has surged past $2,000, driven by speculation of BlackRock potentially launching an Ethereum exchange-traded fund.
Exploring Bitcoin in the University: Preparing A Foundation For Widespread Adoption
This description explores the importance of Bitcoin education within universities, specifically from the perspective of a professor who teaches the subject.
Roblox CEO 'dreams' of in-game cross-platform NFTs and digital objects
Roblox CEO David Baszucki envisions top brands and celebrities playing a key role in the cross-platform movement of nonfungible tokens (NFTs) and digital collectibles. He believes users should have the ability to move their NFT collections across different platforms and sees potential for A-list celebrities like Elton John to create and sell limited edition collectibles on Roblox.
A Bitcoin Dev’s Bot Bucked BRC-20s—Now He Might Share ‘The Sophon’ With the World
BRC-20 text-based inscriptions decreased significantly by 72% following the release of the code, implying that it may have caused changes in usage patterns. Additionally, there are indications that someone is using a duplicated version of the code.
Crypto Prices Today: BTC & RPL Soar, While Pepe Coin Remains Flat
Crypto prices saw positive growth on Friday, November 10, despite warnings from Fed Chair Jerome Powell about further interest rate increases to control inflation. The market appears to be unconcerned about the potential impact of a rate hike.
Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups
The new fund has a specific focus on early-stage crypto projects, participating in seed-stage and Series A funding rounds. Its primary objective is to support and invest in these projects as they are starting out in the industry.
Kraken helps UK police return over $2 million in stolen crypto to victims
Kraken helped the South East Regional Organised Crime Unit by converting the stolen funds into British pounds (GBP) in order to facilitate their repayment.