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

State police …

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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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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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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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It May Be a Wild Ride, but This <b>Cryptocurrency</b> Could Generate Serious Wealth. Here's Why.
www.google.com

Bitcoin's historic gains are nothing short of magnificent. Bitcoin (BTC 2.65%) has undoubtedly been one of the best financial assets. In the past …

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CORVA: Want Greater Adoption Of Bitcoin? Use It To Fix Problems.
bitcoinmagazine.com

Follow Frank on X. Bitcoin will not become more widely adopted as a result of intellectual curiosity or because it’s theoretically the best form of money ever. Instead, people will begin to use it because it solves pressing problems in their lives. So, if you’re looking to foster greater Bitcoin adoption, show someone how they can […]

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Bitcoin Price to Recover Soon? This Popular Indicator Gives Hints
cryptopotato.com

The crypto market tumbled significantly as geopolitical tensions escalated after Iran launched missile strikes on Israel. Bitcoin, for one, dropped below $60,500 before staging a modest recovery. Despite this, demand from United States-based investors remains high, according to recent findings. Such a trend could provide Bitcoin with a respite from the bears. US Investor Demand […]

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The Matrix Reloaded – How Digital Twins Are Reshaping Reality
dailyhodl.com

HodlX Guest Post  Submit Your Post   In the iconic sci-fi film ‘The Matrix,’ humanity exists in a simulated reality, unaware that their physical bodies are actually trapped in pods, powering a world of machines. While we haven’t reached that dystopian future yet, the line between our physical and digital worlds is becoming increasingly blurred. Enter […]

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BlockDAG Raises $2M in One Day; XRP and SUI Price Overview
nulltx.com

Whales Jump into BlockDAG: BlockDAG Presale Nets $2M in a Single Day! Are XRP and SUI Losing Momentum? XRP is close to a big jump that could raise its price by 70%, and SUI just moved past Litecoin in market value. These are strong moves but not as big as BlockDAG’s rapid growth. BlockDAG’s presale […]

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BOB Announces Integration of One-Click Bitcoin Staking on Everstake Platform
news.bitcoin.com

BOB, also known as “Build on Bitcoin,” has partnered with blockchain service provider Everstake to introduce a one-click bitcoin staking solution. The integration offers access to staking, aiming to appeal to both retail and institutional investors. Everstake to Gradually Roll out BOB’s One-Click Bitcoin Staking According to the announcement, the integration of BOB Stake into […]

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Aptos (APT) Jumps 11% Following Acquisition Of Japanese Blockchain Developer HashPallette
www.newsbtc.com

Aptos (APT) soared over 10% in the last 24 hours following Aptos Labs’ acquisition of HashPallete. The token is leading the market after becoming the largest gainer among the top 100 cryptocurrencies by market capitalization. Aptos To Expand Its Presence In Asia On Thursday, Aptos Labs, the developer of the Aptos network, announced it had […]

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Hackers got away with $440M in 28 exploits in Q3: Report
cointelegraph.com

The number of cryptocurrency hacks and the recovery rate for funds set three-year lows in Q3 2024.

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Nakamoto Speaks: Dogecoin Creator Reacts to Crypto Market Bloodbath
u.today

Dogecoin (DOGE) creator provides epic cryptocurrency market comment

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Ethereum’s ‘Ultrasound Money’ Myth Crushed as Inflation Surges to 2-Year High
crypto-economy.com

TL;DR Ethereum’s inflation has reached 0.74%, the highest level in two years, raising doubts about its status as “ultrasound money.” The adoption of layer 2 solutions like Arbitrum and Optimism has reduced gas fees, limiting the burning of ETH and affecting the total supply. Vitalik Buterin supports a reduction of the minimum deposit for solo […]

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IMF Urges El Salvador to Reconsider Scope of Bitcoin Law in Growth Reform Talks
crypto-economy.com

TL;DR The IMF is urging El Salvador to limit its Bitcoin law and restrict public sector participation in the use of this cryptocurrency. The IMF’s recommendations come amid talks to establish an agreement to support the country’s macroeconomic stabilization. President Nayib Bukele has noted that BTC adoption has had mixed results, although he considers it […]

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Connecticut Detectives Recover Over $42K in <b>Cryptocurrency</b> After Major Theft
www.google.com

Norwich, CT – Connecticut State Police successfully returned over $42000 in stolen cryptocurrency after a months-long investigation.

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No, You Won't Find Out Who Satoshi Nakamoto Is Next Week
bitcoinmagazine.com

As a longtime Bitcoiner, I had to roll my eyes when I saw HBO release a trailer for an upcoming documentary, teasing to reveal Satoshi’s identity. Speculation arose that it would reveal who is Satoshi Nakamoto. After seeing many half-baked attempts to “unmask” Satoshi over the years, I’m certain this latest one won’t provide definitive […]

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SWIFT Set to Revolutionise Banking with 2025 Digital Asset Trials
cryptonews.com.au

In 2025, banks across North America, Europe, and Asia will join forces with SWIFT to trial digital assets. SWIFT, the global financial messaging giant, announced plans to test how its network can unify access to multiple digital currencies and asset classes. These trials will focus on integrating digital assets like cryptocurrencies into global finance by […]

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Glassnode Report: Key Metric Shows Bitcoin May Be Ready For ‘Interesting Moment’
cryptonews.com.au

Bitcoin recently hit a higher high at the US$66k mark, indicating potential trend reversal after continuous declines. Historical analysis by Glassnode reveals similar Bitcoin price patterns from past cycles, suggesting a possible phase shift. US Spot ETFs influence Bitcoin’s market dynamics significantly, holding 4.6% of the circulating supply and driving capital inflows. Although Bitcoin is […]

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SEC Claims Lejilex’s Lawsuit Seeks to “Redefine Crypto as Non-Security”
www.financemagnates.com

Crypto startup Lejilex and the United States Securities and Exchange Commission (SEC) are engaged in a legal battle over the classification of cryptocurrencies. Both parties have submitted competing briefs for summary judgment in a Texas federal court. Lejilex, which is part of the Crypto Freedom Alliance of Texas, filed its brief on October 3. The […]

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‘One Last Shakeout’: Trader Says Bitcoin and Ethereum Could Crash Before Altseason Starts – Here Are His Targets
dailyhodl.com

A widely followed cryptocurrency trader and analyst is leaning bearish on Bitcoin (BTC) and Ethereum (ETH) amid a market downturn. The trader pseudonymously known as Capo tells his 866,300 followers on the social media platform X that Bitcoin and Ethereum could fall by up to 21% and 23%, respectively, from the current levels. “There’s a […]

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Crypto Exchange Market Share Shifts as Binance Loses Ground to Crypto.com  
cryptopotato.com

According to a report released by digital asset data provider CCData on Oct. 3, Binance’s market dominance has declined significantly. Its spot market share has fallen to 27%, the lowest level since January 2021, according to the report. It stated that in September, Binance’s spot trading volume dropped by 22.9% to $344 billion, marking the […]

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