Bitcoin Reaches $30K as Recent News Boost Crypto Market
crypto-economy.com

In a noteworthy development in the cryptocurrency sector, Bitcoin (BTC) has reached the $30,000 threshold. This growth in the value of the world’s largest cryptocurrency seems to be influenced by the events surrounding a discourse delivered by Jerome Powell, the Chair of the Federal Reserve of the United States. During a tumultuous period for U.S. […]

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Binance Reinstates Euro Transactions with New Partners
crypto-economy.com

Binance, the world’s largest cryptocurrency exchange by trading volume, has successfully reinstated euro (EUR) transactions after securing new fiat partners. The restoration of these services comes after a temporary halt due to regulatory challenges. Earlier this year, Binance’s former payments partner, PaySafe, ended their partnership due to regulatory concerns. This led to an interruption in […]

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Morgan Stanley Predicts Positive Turnaround for <b>Cryptocurrency</b> After Recent Lows
www.google.com

Impressively, the premier cryptocurrency … During this event, the rewards for mining a Bitcoin block get halved, leading to decreased inflationary …

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Ava Labs President John Wu Makes 2024 Crypto Predictions, Says Big Developments Coming for Avalanche Ecosystem
dailyhodl.com

The president of the Avalanche (AVAX) development firm Ava Labs is issuing his crypto predictions for 2024. In the interview with CNBC, Ava Labs president John Wu talks up the Friend.tech challenger Stars Arena, a decentralized social finance application (SocialFi) that launched on the AVAX blockchain in late September. “We just talked about Stars Arena, […]

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Top Ethereum (ETH)-Based Blockchain Oracle Altcoin Announces Next Steps in Staking Protocol Upgrade
dailyhodl.com

Blockchain oracle service Chainlink (LINK) has announced a coming upgrade to its staking mechanism. Via the social media platform X, the oracle announced Chainlink Staking v0.2, which is currently being prepared with a new pool of 45 million LINK tokens. The upgrade focuses on four main components, according to Chainlink: a new unbonding mechanism, stake […]

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XRP Price Crosses $0.53 But These Factors Suggests Rally Is Far From Over
www.newsbtc.com

The XRP price saw an impressive run over the last day after news broke that the US Securities and Exchange Commission (SEC) was dropping its lawsuit against Ripple’s executives. This surge carried on into Friday as the altcoin’s price was able to clear the $0.53. Naturally, there has been a pullback from this price level, […]

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Coinbase’s European Regulatory Hub: Ireland Takes Center Stage
cryptopotato.com

Amidst mounting regulatory threats on the home turf, Coinbase has announced its intention to locate its EU MiCA hub in Ireland, citing a supportive political environment for FinTech companies. The latest move is part of Phase II of its highly ambitious “Go Broad, Go Deep” international market strategy, for which Coinbase has revealed having several […]

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XRP Price Analysis for October 18
u.today

Has price of XRP found reversal zone yet?

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After An ETF, You Just Need To Orange Pill Financial Advisors
bitcoinmagazine.com

I wanted to write some thoughts about Bitcoin as it relates to the financial advisor industry because I think it’s a highly overlooked relationship that not many have touched on. Between the wealth management industry, financial advisors and family offices, trillions of dollars of capital is controlled. As of 2023 here are some estimates: Family […]

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SEC moves to dismiss lawsuit against Ripple’s Brad Garlinghouse and Chris Larsen
cointelegraph.com

The civil lawsuit against the Ripple executives had been ongoing since December 2020.

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Weekly Roundup 20.10.23
cryptonews.com.au

Cointelegraph Shares False Reports on Spot Bitcoin ETF Approval News The price of Bitcoin briefly touched US $30,000 on a few cryptocurrency exchanges in response to a misleading post on the social media platform X (formerly known as Twitter). Source: Adobe Stock Images BREAKING: BlackRock Bitcoin ETF application is still under review, says company. Reports […]

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Breaking: SEC Drops Case Against Ripple, Is XRP Set for Take-Off?
cryptonews.com.au

The SEC agreed to drop all charges against Ripple’s executives. The 2024 trial has been cancelled, but some issues remain unresolved. XRP Price reacted strongly initially and trended upwards. The news comes after the United States Securities and Exchange Commission (SEC) and Fintech Ripple agreed to the dismissal. The decision means that a trial scheduled […]

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Could Bitcoin Be Gearing Up for a Year End Bull Run?
www.financemagnates.com

As the year comes to an end, cryptocurrency enthusiasts and investors are focusing on Bitcoin, the world’s most renowned digital asset. Bitcoin has a history of generating big year-end rallies, prompting the moniker “Santa Claus rally” to be coined in the crypto community. With a variety of factors at play, including macroeconomic conditions and institutional […]

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Here’s How High BTC Could Soar if a Spot Bitcoin ETF Is Approved in the US, According to Top Crypto Analyst
dailyhodl.com

A top analyst says that the flagship crypto asset could revisit levels last recorded in November of 2021 if the U.S. Securities and Exchange Commission approves a spot Bitcoin (BTC) exchange-traded fund (ETF). Pseudonymous analyst DonAlt tells 53,500 subscribers of the TechnicalRoundup YouTube channel that Bitcoin could appreciate by over 100% from the current level […]

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Must-Attend <b>Cryptocurrency</b> Conferences in 2024 – Analytics Insight
www.google.com

Cryptocurrency conferences are events that the Blockchain companies' host. In these events, tech enthusiasts, crypto investors and traders gather …

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SBF on Trial: The Accounting Expert Who Exposed His $9 Billion Fraud
crypto-economy.com

The trial of Sam Bankman-Fried (SBF), the former CEO of the now-bankrupt crypto exchange FTX, resumed with the testimony of an accounting expert who claimed that SBF had diverted $9 billion of customers’ funds to his own trading firm, Alameda Research. The Mystery of the Missing $9B from SBF Finally Resolved Peter Easton, a professor […]

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Alarm in Europe: ECB Announces the ‘Preparation Phase’ for the Digital Euro
crypto-economy.com

The announcement by the European Central Bank (ECB) that it has decided to move to the next phase of the digital euro project is a significant step in the direction of a European digital currency, but it also raises a number of critical issues that deserve deeper scrutiny, as highlighted in the information provided in […]

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Wait For Bitcoin At $20,000? This Analyst Says No
www.newsbtc.com

An analyst has explained using on-chain data that Bitcoin has a major demand bucket at the current price levels, so it won’t hit $20,000 anytime soon. Huge Bitcoin Buying Occurred Inside The $25,000 To $30,000 Range In a new post on X, analyst Ali has explained that some large entities accumulated at the $25,000 to […]

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Bitcoin’s Next Mega Move? Bollinger Bands Hint at Massive Volatility
u.today

Glassnode’s Yann Allemann has pointed to a narrowing in Bitcoin’s Bollinger Bands Width (BBW) down to 0.20, hinting at potential dramatic price shifts

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Is the SEC Shifting to a Softer Stance Against Crypto? Pro-XRP Lawyer Comments
cryptopotato.com

TL;DR US attorney John E Deaton noticed a potential shift in the SEC’s stance towards the cryptocurrency industry, especially after not leveraging the recent fake BTC ETF news to criticize the sector. Previously, SEC’s Chairman Gary Gensler frequently associated crypto with negative activities. Deaton suggests Gensler’s behavior may be influenced by major institutions’ opinions. Despite […]

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Strike Enables Bitcoin Spending on Everyday Items with Bitrefill Integration
bitcoinmagazine.com

Lightning payments app Strike has introduced a new feature that enables its users to utilize their bitcoin for everyday necessities. This comes after the platform partnered with Bitrefill to bring more practical functions to its service offerings. The notable advancement through this integration is the ability for users to purchase gift cards using their bitcoin […]

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Settlements giant DTTC acquires blockchain infrastructure developer Securrency
cointelegraph.com

Securrency will help DTTC increase its role in developing digital asset clearance options. DTTC settled $2.5 quadrillion worth of securities transactions in 2022.

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Reddit To Phase Out Ethereum-Based Incentives System, Citing Scaling and Regulatory Challenges: Report
dailyhodl.com

Reddit reportedly plans to discontinue its Ethereum (ETH)-based rewards program called Community Points by next month. Community Points allow Redditors who make high-quality contributions to the platform such as creating content and moderating to earn ERC-20 tokens that can be used to redeem badges, animated emoticons and other special features. According to Reddit, Community Points […]

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Ethereum Creator Vitalik Buterin Says He Hasn’t Sold ETH for Personal Gain Since 2018
dailyhodl.com

Ethereum (ETH) creator Vitalik Buterin says he hasn’t sold ETH for personal gain since 2018. Buterin notes on the decentralized social media network Warpcast that people should be wary of news articles reporting on his ETH moves. “If you see an article saying ‘Vitalik sends XXX ETH to [exchange],’ it’s not actually me selling, it’s […]

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Do Stablecoins’ Reputation in a Crisis Stack Up Vs. Reality?
www.financemagnates.com

Stablecoins, a type of cryptocurrency designed to maintain a steady value by linking it to a reserve of assets such as fiat currency or commodities, have received a lot of interest and adoption in recent years. They promise the best of both worlds: digital currency efficiency and traditional currency stability. However, the stability of stablecoins, […]

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Getting Grandma Into Web 3.0
cryptonews.com.au

Mass adoption is the elusive ‘Holy Grail’ of any consumer technology, and something that has been written and thought about a lot as it relates to the emerging Web 3.0 industry. But how does one measure something like ‘mass adoption’? Would it be based on the number of users? Or the revenue generated by the […]

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Aptos Post Mortems Five-Hour Network Outage Citing Code Issues
cryptonews.com.au

The layer-1 Aptos blockchain network has shared details on a major outage it suffered on its one-year anniversary. The blockchain went down for more than five hours, but transaction load or network capacity did not cause the issue. On October 20, the Aptos network team shared a post-mortem detailing events that led to a major […]

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US Treasury's Financial Crimes Unit Proposes Cracking Down on <b>Cryptocurrency</b> … – USNews.com
www.google.com

… cryptocurrency "mixers" to combat the use of the tool by malicious actors, including the Palestinian militant group Hamas. (Reporting by Hannah …

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Bitcoin ETF Approval Anticipated To Trigger Fiat Influx Of $24-50 Billion
www.newsbtc.com

In a recent report released by Matrixport, a digital assets financial services platform, the spotlight shifts beyond Bitcoin (BTC) as the eagerly anticipated approval of a Bitcoin spot Exchange-Traded Fund (ETF) by the US Securities and Exchange Commission (SEC) could have far-reaching effects.  According to the analysis, not only could the Bitcoin market experience a […]

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Gemini, Genesis and DCG Lied to Investors and Tried to Hide $1,000,000,000 in Crypto Losses, Alleges New York AG
dailyhodl.com

New York State Attorney General (AG) Letitia James is suing three large crypto firms for allegedly defrauding over 230,000 Americans. In a new press release, AG Letitia James says that she is taking legal action against the crypto exchange Gemini, the lending firm Genesis and the investment giant Digital Currency Group (DCG) over allegations that […]

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Bitcoin Flashing Bullish Signal As BTC Volatility Prepares To Make ‘Grand Entrance’, Says Glassnode Co-Founders
dailyhodl.com

The co-founders of the crypto analytics firm Glassnode believe Bitcoin (BTC) is about to soar as it holds above $28,000. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say a key indicator is flashing for the crypto king. The traders look at the Bollinger bands bandwidth […]

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NY Attorney General Sues Crypto Firms for Defrauding Investors
crypto-economy.com

New York Attorney General Letitia James has filed a lawsuit against three cryptocurrency firms, Gemini, Genesis, and Digital Currency Group (DCG), for allegedly defrauding investors of more than $1 billion through a deceptive investment program. According to the lawsuit, Gemini, a crypto exchange founded by the Winklevoss twins, launched Gemini Earn in February 2023, a […]

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