The ECB Economists Aren't Exactly Wrong About Bitcoin (They’re Just Useless)
bitcoinmagazine.com

Follow Aaron on Nostr or X. Earlier this month, the European Central Bank (ECB) published a paper in which the authors claim the existence of Bitcoin could impoverish non-holders and latecomers. Specifically, they wrote: “Since Bitcoin does not increase the productive potential of the economy, the consequences of the assumed continued increase in value are essentially […]

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Microsoft shareholders propose firm to look into investing in Bitcoin
cointelegraph.com

Microsoft’s board is already recommending voting against it, arguing they already “evaluate a wide range of investable assets,” including Bitcoin.

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Money Laundering Charges Against Binance’s Tigran Gambaryan Dropped After Seven Months in Nigerian Prison: Report
dailyhodl.com

Binance executive Tigran Gambaryan’s charges of money laundering have reportedly been dropped in Nigeria after he spent seven months in prison. According to local reports, the Nigerian government is dropping all charges against Gambaryan, leaving Binance as the only defendant left in the lawsuit. The judge in the case, Emeka Nwite, ordered Gambaryan to be […]

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Analytics Firm Reveals Why Dogecoin & Apecoin Hit Tops
www.newsbtc.com

The on-chain analytics firm Santiment has revealed the potential reason behind the corrections that Dogecoin and Apecoin have faced recently. Dogecoin & Apecoin Are Among Memecoins That Fell Prey To FOMO Recently As explained by Santiment in a new post on X, the Positive Sentiment vs. Negative Sentiment Ratio has seen a spike for Dogecoin […]

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Bitcoin Retail Investors Are Returning to the Market, but Holdings Are Growing at a Historically Slow Pace
crypto-economy.com

TL;DR Retail Investors Return Slowly: Bitcoin retail investors are re-entering the market, but their holdings have only increased by 1,000 BTC in the last month, indicating a historically slow accumulation rate. Large Investors Lead: Large investors, holding between 1 and 10,000 BTC, have added 173,000 BTC since the start of 2024, showing greater confidence in […]

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Ethereum Staking Reaches All-Time High, But Experts Debate Potential Downsides
crypto-economy.com

TL;DR The amount of staked Ether has reached a new high, surpassing 34 million. Excessive staking of Ether could lead to problems on the Ethereum network, such as failed transactions. Experts suggest that the ideal of Ether staking has been surpassed, which could affect the security and functionality of the ecosystem. The Ethereum (ETH) network […]

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Could Trump’s 2024 Victory Send Bitcoin Soaring to $92K? This Bitwise Exec Thinks So
news.bitcoin.com

Bitwise’s head of alpha strategies, Jeff Park, projects that a Trump win in the 2024 U.S. election could push BTC prices toward the $92,000 mark. Park isn’t alone in this prediction; a number of analysts and financial institutions are entertaining similar thoughts. Bitwise Head of Alpha Strategies Jeff Park’s Bold Bitcoin Projection If Donald Trump […]

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Binance to Remove Trading Pairs of Four Coins: Details
u.today

Crypto exchange will cease trading of these digital assets

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Announcing Ink: The new DeFi destination
blog.kraken.com

Ink is a cutting-edge Layer 2 (L2) blockchain built on Optimism’s Superchain and released by Kraken. As a natural evolution of our mission, Ink will serve as a seamless bridge to DeFi, empowering users to move onchain with confidence and ease. Being onchain can feel complex and daunting. As a single, integrated ecosystem, Ink simplifies […]

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<b>Cryptocurrency</b> industry pours money into federal races – InsuranceNewsNet
www.google.com

WASHINGTON — Political advocacy groups linked to the cryptocurrency industry are spending roughly $250 million on campaigns this election cycle to …

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Trump election victory could push Bitcoin to $92K, says Bitwise exec
cointelegraph.com

Jeff Park says “merger arb-style probability math” may mean Bitcoin rallies to $92,000 following a Trump victory. 

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BlackRock’s IBIT Bitcoin ETF is the Most Successful New ETF in 4 Years
bitcoinmagazine.com

Follow Nikolaus On X Here Ever since BlackRock filed for its spot Bitcoin ETF last year, Bloomberg ETF analysts Eric Balchunas and James Seyffart have been providing valuable insights and data regarding everything Bitcoin ETFs. If you’re not already following either of them on X, I highly recommend you do. Today, Balchunas shared a new […]

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$109,000 Drained From 81 Year-Old’s Bank Account in Devastating Social Security Scam: Report
dailyhodl.com

An 81 year-old woman says she’s lost her entire life savings to a Social Security scam. Washington, D.C.-based Gladys Baxley says she recently received a call from someone claiming to be with the Social Security Administration, reports the CBS-affiliated news station WUSA9. When the caller said Baxley’s Social Security number was in the hands of […]

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Another Move Higher for Altcoins on the Table As ‘Constructive’ Price Action Unfolds, According to Top Analyst
dailyhodl.com

Strong altcoins look poised for a move up, according to a top crypto analyst. The pseudonymous crypto trader known as Pentoshi tells his 809,600 followers on the social media platform X that the digital asset market is currently in an important spot for altcoins. “I personally like the structure or basing taking place. It looks […]

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Tesla Reports Strong Q3 Profits—But Did They Offload Bitcoin?
cryptonews.com.au

Electric car manufacturer Tesla has consistently been one of the crypto industry’s biggest public supporters, with customers able to purchase cars using DOGE. The company is also one of the largest corporate holders of Bitcoin, typically ranking in the top five by portfolio size. However, after analysts picked up on transactions tied to Tesla’s wallets, […]

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Ubisoft Launches ‘Champions Tactics’: Pioneering NFT Integration in Gaming
cryptonews.com.au

Ubisoft has introduced Champions Tactics: Grimoria Chronicles, its first original non-fungible token (NFT) game, available for free on PC through Ubisoft Connect, using blockchain technology on the Oasys network. Ubisoft minted 75,000 champions as NFTs, priced around $10 worth of OAS tokens, offering unlimited use in ranked matches and additional rewards. A recent cyberattack by […]

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CARDANO PRICE ANALYSIS & PREDICTION (October 24) – ADA Looks Bullish Amid Latest Dip, Can It Sustain Momentum?
nulltx.com

As many altcoins shed losses amid the latest market fall, Cardano holds gain and continues to show strength daily. It is footing an upward movement but faces a minor resistance level. Since the price bounced back above $0.33 earlier this month, ADA has been struggling to regain momentum despite notable surges amongst several other coins. […]

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Web3 Automation Provider Ava Protocol’s Demand Surges 900% Ahead Of Token Launch
www.newsbtc.com

Ava Protocol, the event-driven EigenLayer Active Validated Service (AVS), has seen notable growth since launching in July. The Web3 automation provider reported a significant increase in demand for its “super-transactions” solution ahead of its token launch. Web3 Automation Provider Sees 900% Demand Increase Ava protocol reported a 900% surge in demand for its blockchain automation […]

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Tether in Early Talks Over Blockchain-Based Boron Tokens and Digital Exchange
crypto-economy.com

TL;DR Tether Proposal: Tether has proposed to the Turkish government the creation of tokens backed by boron minerals. Global boron reserves: Turkey holds more than 70% of the world’s boron reserves, being a key player in its production. Interest in digital assets: Tether’s initiative is part of the growing trend towards the tokenization of assets […]

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Kraken to Launch its Own Blockchain in 2025: ‘Ink’
crypto-economy.com

TL;DR Kraken will launch its own blockchain called Ink in early 2025, focused on DeFi applications for trading, lending, and yield without intermediaries. Ink will allow users to interact between centralized and decentralized ecosystems, simplifying access to financial tools and improving profitability. It does not plan to issue a native token for Ink, but will […]

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Kraken Set to Dive Into Blockchain Waters With Its Own Chain, ‘Ink’
news.bitcoin.com

Kraken is setting its sights on launching its own blockchain next year, much like Coinbase’s Base chain, according to a report from Bloomberg’s Olga Kharif. The new network, which is focused on decentralized finance (defi), is expected to release a testnet later this year. Reportedly named “Ink,” the blockchain is slated to be ready for […]

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This Bitcoin and Cardano Model Might Change DeFi Forever
u.today

For Bitcoin and Cardano, something big is coming

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OPP talking <b>cryptocurrency</b> | 90.5 Exeter Today
www.google.com

OPP is warning residents to be cautious as more and more people are failing victim to cryptocurrency investment scams.

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Radiant Capital hacker moves $52M in stolen funds
cointelegraph.com

Nearly all of the stolen loot from Radiant Capital has been moved to the Ethereum network, which usually isn’t a good sign for those hoping for recovery. 

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Top Analyst Says One Indicator Consistently Flashing Bull Market Signals for Bitcoin (BTC)
dailyhodl.com

A top crypto analyst known for predicting the May 2021 Bitcoin collapse says one indicator is flashing a bull market signal for BTC. The pseudonymous trader known as Dave the Wave tells his 146,700 followers on the social media platform X that BTC’s weekly moving average convergence divergence (MACD) “re-crossed and re-booted near the zero-line,” […]

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Bitcoin’s Current Decline Could Be Temporary—Key Signs of A Rally Revealed
www.newsbtc.com

Bitcoin (BTC) has seen a slight price decline recently, but according to a new analysis, there could still be signs of a potential short-term uptrend. A CryptoQuant analyst, Yonsei Dent, shared his insights on the CryptoQuant QuickTake platform, focusing on the Coinbase Premium Index and its impact on Bitcoin’s price movement. Key Indicators For Bitcoin […]

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Bitcoin Price Falls as Most Holders Profit, Indicating Potential Market Peak
cryptonews.com.au

Bitcoin’s recent rally above US$69,000 has placed over 94% of holders in profit, raising concerns about potential short-term profit-taking. Most Bitcoin was purchased around the US$55,000 level, according to data from CryptoQuant, encouraging a “Buy-the-Dip” mentality among traders. Historically, when a large percentage of Bitcoin holders are in profit, a price drop tends to follow, […]

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SEC Filings Show Spot Bitcoin ETFs Held by Approximately 20% Institutional Investors
cryptonews.com.au

Institutional investors own a fifth of all Spot Bitcoin ETF shares, with holdings including 193,000 BTC valued at around US$13 billion. BlackRock’s IBIT holds the most BTC among funds, although ARK 21Shares Bitcoin ETF leads with 32.79% institutional ownership. A total of 1,179 institutions now own Bitcoin via an ETF, with major stakeholders like Goldman […]

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IntelMarkets On Track To Outrank PEPE & SHIB in 2024 as the Next ATH King—Batch 4 Sells 6M Tokens
nulltx.com

IntelMarkets (INTL) is turning heads in the crypto world as it gears up to surpass meme coin giants like PEPE and Shiba Inu (SHIB) in 2024. With its presale stages selling out rapidly, this AI-powered trading platform is quickly becoming the talk of the town. Could IntelMarkets be the next all-time-high king? Let’s find out. […]

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Crypto Analyst Issues Bitcoin Alert, Says BTC Primed To Nuke After Hitting Local Top – Here Are His Targets
dailyhodl.com

A widely followed crypto analyst is warning that Bitcoin (BTC) may be heading lower after tapping the $69,000 level on Sunday. Pseudonymous crypto trader Credible Crypto tells his 431,100 followers on the social media platform X that he is turning short-term bearish on Bitcoin. “I think our top is probably now in on BTC. Here’s […]

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Tether Founder Paolo Ardoino Says US Is Dropping the Ball on Crypto Regulation Amid Run-Up to Election
dailyhodl.com

The founder and CEO of stablecoin company Tether (USDT) says that whoever wins in the upcoming US presidential election should support the growth of crypto. In an interview, Paolo Ardoino says that while the US has always been the world’s prominent pack leader, it is not the case when it comes to crypto. “The US […]

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Brazil Calls for Unified BRICS Financial System, Challenging Western Hegemony
news.bitcoin.com

Brazilian President Luiz Inacio Lula da Silva has urged the creation of a unified financial system among BRICS nations. He emphasized the need for alternative monetary relations. Egyptian President Abdel Fattah el-Sisi echoed this sentiment, advocating for financial settlements in national currencies, stressing cooperation within BRICS. Lula Champions Unified BRICS Financial System Brazilian President Luiz […]

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