Nigeria to Launch $1.5M Initiative to Boost AI Development
news.bitcoin.com

Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has announced a $1.5 million initiative to boost the country’s Artificial Intelligence (AI) development. This fund, supported by Luminate, a global foundation, will be launched on Oct. 7 in Abuja. The move came after the Ministry launched a $61,780 AI Fund in collaboration with Google, […]

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Bitcoin Primed To Hit New All-Time High if BTC Breaks Above This Resistance Level, According to Crypto Analyst
dailyhodl.com

A widely followed crypto analyst says that Bitcoin (BTC) is gearing up to reach a new all-time high (ATH) if it can break above one crucial resistance zone. In a new strategy session, pseudonymous crypto trader Inmortal tells his 216,300 subscribers on the social media platform X that if the top crypto asset by market […]

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Spain’s BBVA to Roll Out Native Stablecoin in 2025
crypto-economy.com

TL;DR Strategic Move: BBVA will launch a stablecoin in 2025, leveraging Visa’s Tokenized Asset Platform (VTAP) to enhance its digital asset services. Visa Partnership: The stablecoin will be developed with Visa, ensuring strong regulatory compliance and leveraging Visa’s infrastructure for secure minting, transfer, and settlement of digital assets. Financial Inclusion: BBVA aims to use the […]

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Popular Lawyer Weighs in on SEC vs Ripple Appeal, Says No Appeal Over XRP Status
cryptonews.com.au

The SEC has filed an appeal against Ripple, potentially challenging a 2023 ruling regarding programmatic sales of XRP, according to attorney Jeremy Hogan. XRP’s price has dropped to US$0.52, reflecting a 2.23% decrease over the past day and a 10.90% decline in the past week. Hogan criticised the SEC’s appeal, calling it a “big mistake” […]

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Banks Will Use Swift to Trial Digital Asset and Currency Transactions From 2025
cryptonews.com.au

Private and central banks across North America, Europe, and Asia are preparing for SWIFT-led digital asset trials, marking an important step in the development of blockchain technology’s use cases. The trials will explore how SWIFT can provide unified access to multiple digital asset classes and currencies for private and central banks. Tokenisation is rapidly growing, […]

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XRP Becomes Top Trending Token. Here's Why
u.today

XRP and LINK have appeared among the top trending cryptocurrency tokens

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Tectum Rolls Out SoftNote Wallet App on iOS – Offering Zero-Fee, Instant Crypto Payments
cryptopotato.com

[PRESS RELEASE – Mahe, Seychelles, October 4th, 2024] Tectum, the fastest blockchain network globally with 3.5 million transactions per second, announced the release of the SoftNote Wallet App on iOS, marking a significant step toward mass adoption of its SoftNote technology. Previously accessible only through a web interface, SoftNote now allows users to conduct instant […]

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Who was Len Sassaman, and why might HBO think he is Satoshi Nakamoto?
cointelegraph.com

The late cryptographer and privacy advocate is in the spotlight because bettors on Polymarket think he may be identified as Satoshi Nakamoto.

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Similarities Between October 2023 And 2024 Suggests The Bitcoin Price May Still Experience ‘Uptober’
www.newsbtc.com

Bitcoin has yet to rally in October, with many bullish proponents awaiting the resumption of an uptrend. Among those closely monitoring the price action in anticipation of an uptrend is a well-known analyst on the social media platform X. This analyst, who goes by the name Ash Crypto, recently highlighted a striking similarity between Bitcoin’s […]

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Founder Of <b>Cryptocurrency</b> Ponzi Scheme IcomTech Sentenced To 121 Months In Prison
www.google.com

U.S. Attorney Damian Williams said: “David Carmona masterminded the IcomTech cryptocurrency Ponzi scheme, which preyed upon working-class people by …

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BDAG’s 50% Bonus Ends Soon While Cardano & Shiba Inu Gain Momentum
nulltx.com

Buyers Jump in as BlockDAG’s 50% Bonus Offer Ends in 10 Days! Cardano Predicted to Double & Shiba Inu Sees Huge Whale Activity  As the crypto world jumps into the 4th quarter, Cardano (ADA) is drawing attention for its security, smart contract capabilities, and bullish price predictions for 2025. Meanwhile, in the memecoin world, Shiba […]

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Binance’s Crypto Exchange Market Share Plunges to Its Lowest Level Since September 2020: CCData
dailyhodl.com

New data from blockchain tracker CCData show that the market share of the world’s largest crypto exchange slid to its lowest level in four years. CCData says that in September, Binance’s share in the derivatives market dropped to 40.7%, its lowest since September 2020. Its overall market share in the combined spot and derivatives markets […]

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Washington State Accuses 2 Cryptocurrency Platforms of Defrauding Investors
news.bitcoin.com

Two cryptocurrency platforms face allegations of fraud by Washington State’s Department of Financial Institutions. Both companies allegedly lured investors with promises of huge returns, but later blocked withdrawals and demanded extra fees. An investor lost $64,000 to one platform after being asked for a “safety reserve” fee. The platforms are accused of exploiting social media […]

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Moongate Launches New Rewards Program and NFT Collection
crypto-economy.com

Hong Kong, Hong Kong, October 4th, 2024, Chainwire Moongate Protocol, an attention asset protocol disrupting the $1 trillion-plus attention economy, announces significant milestones in its expansion, the launch of its Moon Odyssey community points program, and the upcoming release of its first NFT collection, the Moongate Voyager Pass. “Moongate Protocol is an attention asset protocol […]

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$1.4 Billion in Bitcoin and Ethereum Options Expire Today—Massive Price Swings Ahead?
crypto-economy.com

TL;DR $1.4 billion in Bitcoin and Ethereum options are expiring today, potentially causing significant short-term volatility in the cryptocurrency market. Bitcoin’s maximum pain point is $63,000, suggesting potential upward pressure as traders aim to push the price closer to this level. Ethereum’s maximum pain point is $2,500, with a bullish sentiment indicated by a put-to-call […]

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Injective (INJ) Down 20% As Market Retracement Forces Sell-Off
www.newsbtc.com

As the market buckles under the weight of the bearish sentiment, the altcoin market is continually being pulled further down forcing losses to altcoin holders. Injective is one of those altcoins facing massive losses with the token’s price slashed by 20% since last week, representing a strong bearish sentiment in INJ’s market.  Despite the market’s […]

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Documentary Claims to Know Identity of Bitcoin Creator Satoshi Nakamoto, Igniting Debate
cryptonews.com.au

The answer to the cryptosphere’s longest-standing question – Who is Satoshi Nakamoto? – might finally be answered. According to a Politico report, a new HBO documentary titled Money Electric is set to reveal the identity of Bitcoin’s creator. Some in the community have speculated it will portray Len Sassaman as the blockchain’s original founder. Crypto […]

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Bitcoin (BTC) Bear Market Here, Warns Peter Schiff, and Here's Why
u.today

Bitcoin is regaining bearish momentum, and it’s not something you’d want to see

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Founder of crypto ‘Ponzi’ scheme’ IcomTech sentenced to 10 years in prison
cointelegraph.com

David Carmona was the “mastermind” behind IcomTech’s “Ponzi scheme,” which netted an estimated $8.4 million from victims.

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Bitwise Continues SEC Filing Spree With Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC)
dailyhodl.com

$4.5 billion crypto asset manager Bitwise is filing for its second crypto exchange-traded fund (ETF) this week. According to the U.S. Securities and Exchange Commission (SEC), Bitwise filed a Form N-1A for a new product called the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) earlier today. A Form N-1A is a required registration […]

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State police recover over $40,000 for victim of <b>cryptocurrency</b> theft – WFSB
www.google.com

State police …

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US Election Hype Drives Polymarket Trading Volume to $533M in September
cryptopotato.com

Polymarket, the blockchain-based prediction platform, recorded a trading volume of $533.51 million in September, driven largely by interest in the 2024 U.S. presidential election and geopolitical developments in the Middle East. According to Dune Analytics, this marks a $61.51 million increase from August’s $472 million. The platform also saw a 41% rise in active users, […]

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Crypto Asset Management Giant Grayscale Launches New Trust for DeFi Protocol Aave
dailyhodl.com

The crypto asset management giant Grayscale has launched a new trust that offers investors exposure to the decentralized finance (DeFi) protocol Aave (AAVE). The crypto firm’s new product is solely invested in Aave’s native token and functions like the company’s other single-asset trusts. Aave, which launched back in 2017, aims to serve as a decentralized […]

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Analyst: 13 of the Top 25 ETFs Launched in 2024 Are Bitcoin or Ether-Related
news.bitcoin.com

Data shows that bitcoin and ethereum exchange-traded funds (ETFs) have made quite an impact this year in the world of traditional finance. According to Nate Geraci, co-founder of the ETF Institute, out of 525 funds launched in 2024, a total of 13 out of the top 24 best-performing ETFs are related to bitcoin and ether. […]

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BlockDAG’s Bonus Frenzy Winds Down – Kaspa & Stellar Trembles
nulltx.com

BlockDAG Raises Record-Breaking $2M in Just a Day as Stellar and Kaspa Stumble! While Kaspa and Stellar reel from recent price tumbles, the scene at BlockDAG is bursting with action, reminiscent of a holiday bonanza in the crypto sphere. With its presale bonus drawing to a close on October 14th, BDAG has been the centrepiece […]

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Is The Worst Over For Bitcoin? Analyst Suggests Local Bottom May Be Here
www.newsbtc.com

A CryptoQuant analyst known as “caueconomy” recently published a post indicating that Bitcoin (BTC) may have reached a local bottom. The analyst points to a significant liquidation event as a key sign that a short-term recovery could be on the horizon. Although caueconomy acknowledged that Bitcoin has been going through a period marked by bearish […]

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'Ancient' Bitcoin whale moves more BTC mined from 2009: Arkham
cointelegraph.com

The mysterious Bitcoin whale has now sent $3.58 million worth of Bitcoin to Kraken’s crypto exchange, Arkham Intelligence said.

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JPMorgan Chase, Bank of America and Five Wall Street Giants Forecast Relentless Rally for One Asset in 2025: Report
dailyhodl.com

Seven Wall Street giants including JPMorgan Chase and Bank of America believe one asset is primed to rally in the year ahead. The big banks collectively see gold moving to new all-time highs through 2025 amid expectations of more interest rate cuts from the Federal Reserve and more central bank accumulation around the globe, reports […]

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Hyperliquid Surpasses $1.39B in Trading Volume, Leading Decentralized Swap Platforms
crypto-economy.com

TL;DR Hyperliquid leads the trading volume of decentralized perpetual swaps, surpassing competitors like Jupiter and dYdX. Yesterday, the platform recorded $1.39 billion in daily volume, outperforming its rivals in the derivatives market. Its rapid growth is attributed to a rewards campaign that has increased traffic and interest in the platform. Hyperliquid has positioned itself as […]

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Tether in Trouble? Coinbase to Cut Unauthorized Stablecoins in Europe Before 2025
crypto-economy.com

TL;DR Coinbase will delist all unauthorized stablecoins in the European Economic Area by December 30, 2024. Regulation of stablecoins under MiCA requires authorization as an electronic currency in at least one member state. Coinbase will offer options for users to convert their stablecoins to compliant versions, such as Circle’s USDC. Coinbase Global Inc. has decided […]

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XRP Price Collapses as SEC Appeals Ripple Case, Here's When 'Uptober' Really Starts for Bitcoin, Shiba Inu Sees 2,944% Bullish Whale Activity Spike: Crypto News Digest by U.Today
u.today

Read U.Today’s daily news digest to keep track of the latest crypto events!

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New Survey Shows Half of US Voters Believe Crypto an Important Election Issue
cryptonews.com.au

A survey of registered voters in the US has found 49% believe it’s important for a political candidate to support pro-crypto policies. Surveyed voters are pretty evenly split on which party they trust on crypto, with 35% saying Republican and 32% saying Democrat. Many voters said they weren’t happy with the state of crypto regulation […]

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