Analysts Warn: Crypto Market Faces Potential Downside Amid High Futures Funding Rates
crypto-economy.com

TL;DR Analysts from QCP Capital warn about the vulnerability of the crypto market to downward movements, due to the increase in funding rates for perpetual futures. The increase in long positions and speculative activity in memecoins could increase the risk of unexpected corrections in a bullish trend environment. Despite these warnings, QCP Capital maintains an […]

Save
Analysts Keep Eyes Firmly On $135K Bitcoin Target Despite Short-Term Risks
cryptonews.com.au

Crypto market shows downturn with major assets like BTC and ETH falling, and the Fear & Greed index indicating fear. Dan Gambardello targets a US$135K Bitcoin by 2025, despite potential short-term declines. Timothy Peterson predicts a 30-60% BTC increase this quarter, eyeing US$100K by year’s end. Matt Hougan links Bitcoin’s potential US$80K rise to US […]

Save
VanEck Launches $30 Million Crypto Venture Fund, Targets Fintech and AI Startups
cryptonews.com.au

VanEck announces a new US$30 million venture fund focusing on fintech, crypto, and AI, with investments of about US$1 million across 25-30 startups. General partner Wyatt Lonergan emphasises the fund’s focus on fintech at the intersection of crypto and AI, highlighting stablecoins as central to its strategy. The fund plans to leverage blockchain and AI […]

Save
Bitcoin ETF Inflows Jump To $235 Million – Is The Bull Market Heating Up?
www.newsbtc.com

Bitcoin’s exchange-traded funds (ETFs) are once again generating headlines due to an extraordinary increase in inflows. An investment of $235.2 million in Bitcoin ETFs occurred on October 8, indicating a substantial increase in investor appetite. This surge, based on data from Farside Investors, follows a relatively uneventful beginning to the month, but it indicates a […]

Save
US charges 18 people, companies with <b>cryptocurrency</b> fraud – CNA
www.google.com

BOSTON : Three cryptocurrency companies and 15 individuals have been charged in what U.S. prosecutors on Wednesday called the first criminal …

Save
SEC, FBI, DOJ coordinate takedown of 4 fraudulent crypto firms
cointelegraph.com

A complex set of overlapping companies, individuals and alleged crimes have been tackled by US federal authorities.

Save
‘Reality Check’: Top Trader Says Latest Crypto Rally May Have Been a Trap – Here’s Why
dailyhodl.com

A top analyst known for calling Bitcoin (BTC) bottoms is warning that the rallies witnessed by the crypto markets to start the week may been a bull trap. Pseudonymous analyst Bluntz tells his 279,800 followers on the social media platform X that Bitcoin looks short-term bearish after failing to rally above 0.618 Fibonacci level. Traders […]

Save
Taiwan Regulators Plan Crypto Custody Trial Next Year With Local Banks: Report
dailyhodl.com

Regulators in Taiwan are reportedly planning a trial run of crypto custody services in local banks next year. According to a new report by the Central News Agency (CNA), a media outlet backed by the government of Singapore, Taiwan’s Financial Supervisory Commission (FSC) is planning on letting banks trial digital asset custody services starting Q1 […]

Save
Bitcoin Continues To Lead As Best-Performing Asset Of 2024 Amidst Q3 Weakness
nulltx.com

According to NYDIG, Bitcoin has emerged as the best-performing asset of 2024, boasting a year-to-date gain of 49.2%, even in light of a lackluster Q3. A long-dormant whale, who recently reactivated after a lengthy period of inactivity, moved another $634,000 worth of Bitcoin to Kraken this morning. This whale’s BTC holdings are particularly notable, as […]

Save
Is China About to Dump $1.3B in ETH From PlusToken Seizure?
cryptopotato.com

On Oct. 10, crypto researcher ‘FreeSamourai’ told his X followers that around 7,000 ETH of the remaining 542,000 ETH from the PlusToken seizures was sent to exchanges. This indicates “intent to begin selling the remaining tokens,” they stated, but this remains to be seen, and no major selloff has occurred yet. The remaining stash of […]

Save
ABDS Token Receives Top CertiK Badge for KYC
news.bitcoin.com

PRESS RELEASE. ABD Systems, a company with over 13 years of experience in IT solutions, recently announced that its new crypto project, the ABDS Token, successfully completed KYC verification through CertiK, earning high recognition in the process. This achievement wasn’t just the standard KYC check but was done with special distinction. The ABD Systems team […]

Save
Shiba Inu (SHIB) New Key Pattern Just Dropped, Anemic XRP Performance Might End Here, Dogecoin (DOGE) Price Reversal Imminent?
u.today

Bulls still moving toward long-term recovery, but they need need much more power

Save
Muinmos Partners with XBO.com to Improve KYC and Risk Management Systems
www.financemagnates.com

Muinmos, a Danish RegTech firm, and cryptocurrency firm XBO.com partnered to improve how crypto exchanges onboard users. This collaboration promises speed, efficiency, and compliance with regulatory standards. Automating Compliance XBO.com’s integration of Muinmos’ software-as-a-service platform aims to improve users’ experiences while strengthening the exchange’s risk management capabilities. According to a statement shared with Finance Magnates, […]

Save
XRP Price Slows Down: Will Bears Take Over or Bulls Fight Back?
www.newsbtc.com

XRP price is still trading in a range below the $0.550 level. The price is slowly moving lower and there could be more downsides below $0.520. XRP price is still stuck in a range above the $0.5080 support. The price is now trading below $0.5300 and the 100-hourly Simple Moving Average. There is a connecting […]

Save
Decentralization could help humanity to avoid an AI doomsday scenario
cointelegraph.com

AI development must strike a balance between enhancing efficiency while accounting for ethical and safety considerations.

Save
Ethereum ICO Participant Sells Over $113,200,000 in ETH in Two Weeks: Lookonchain
dailyhodl.com

A participant in Ethereum’s 2014 initial coin offering (ICO) has reportedly unloaded more than $113 million worth of ETH in the past couple of weeks. The crypto tracker Lookonchain notes the whale dumped 5,000 ETH worth $12.22 million to a Kraken deposit address on Monday, continuing a selling spree that started last month. Since September […]

Save
AI Chip Deficit – Alternatives to Nvidia GPUs
dailyhodl.com

HodlX Guest Post  Submit Your Post   In January 2024, leading private equity firm Blackstone announced it was building a $25 billion AI data empire. A few months later, OpenAI and Microsoft followed suit with a proposition to build Stargate, a $100 billion AI supercomputer that will launch the company to the forefront of the AI […]

Save
Speculation Rises as US Holds 69,370 Bitcoin from Silk Road: Massive Sell-Off Before Elections?
crypto-economy.com

TL;DR The US government may sell 69,370 Bitcoins, valued at around $4.3 billion. Peter Schiff ironically suggested that Michael Saylor should borrow $4.3 billion to buy these Bitcoins. The potential government sale could influence the cryptocurrency market and the upcoming presidential election. The recent news about the US government holding 69,370 Bitcoins has sparked a […]

Save
XRP ETF Incoming? Canary Capital Follows Bitwise in Pushing XRP to the Mainstream
crypto-economy.com

TL;DR Canary Capital Group files with the SEC to launch the Canary XRP ETF, marking its debut in the cryptocurrency exchange-traded funds market. The application comes after Bitwise Asset Management’s proposal for an XRP ETF. Ripple Labs faces penalties for selling XRP without authorization, but interest in XRP-linked products continues to rise. Canary Capital Group […]

Save
Avalanche Battle Royale Shooter ‘Off the Grid’ Debuts In Early Access On PS5, Xbox, And PC
cryptonews.com.au

GameFi is in a state of flux, where the most popular titles are simple “clicker” games, while more ambitious games struggle to integrate blockchain technology. All that may be set to change with the release of Off the Grid, now available in early access on major gaming consoles. The Battle Royale style game boasts impressive […]

Save
Financially assaulted': Virginia man loses $272K to online scammer – NBC4 Washington
www.google.com

This cryptocurrency scam, also known as a 'pig butchering scam,' takes thousands of dollars from victims who think an online acquaintance is …

Save
Asian Bitcoiners Are Profit Maximalists
bitcoinmagazine.com

WHAT WE’RE READING: Blockspace Media A recent Blockspace article deeply resonated with me as someone who’s lived in Asia and the West. It examined how Asia-based Bitcoiners are mostly profit maximalists, not philosophically driven Bitcoin maxis. This rang true from my experience. When I meet Asian Bitcoiners, money and profit seem to be the primary […]

Save
Compass Mining Partners With Mindshift to Expand Bitcoin Mining in South Korea
news.bitcoin.com

Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin mining services to the region. The collaboration aims to address challenges like high electricity costs while making bitcoin mining more accessible to South Korean residents. Compass Mining Collaborates With Mindshift The partnership between Compass Mining, […]

Save
Crypto Exchange Bybit Teams up With Nordic Blockchain Association: Details
u.today

Bybit, second-largest cryptocurrency exchange in world, starts cooperating with major Web3 nonprofit organization in Nordics

Save
Exclusive: Anthony Scaramucci Criticizes Warren-Gensler “Hegemony” in US Crypto Regulation
www.financemagnates.com

Anthony Scaramucci, the Founder of SkyBridge Capital investment firm, has voiced criticism of the current state of cryptocurrency regulation in the United States. The former White House Director of Communications called for a more bipartisan approach and suggested that the European Union’s Markets in Crypto-Assets (MiCA) regulation could influence US policy. Anthony Scaramucci Slams “Destructive” […]

Save
Dogecoin Accumulation Hits Record High: Is Another Rally On The Horizon?
nulltx.com

Large Dogecoin holders have accumulated a staggering 2.07 billion $DOGE in the past week, marking the highest level of accumulation since January 2023. This renewed interest from major holders signals that history could be repeating itself, with Dogecoin potentially gearing up for another significant rally. Large Dogecoin holders accumulated 2.07 Billion $DOGE last week, the […]

Save
Coded Estate’s Oversubscribed Angel Round Fuels Launch of Real Estate Hub on Nibiru Chain
cryptopotato.com

[PRESS RELEASE – Paris, France, October 9th, 2024] Coded Estate has successfully closed an oversubscribed angel funding round with investments from Mozaik Capital, Hyperion Ventures, Black Dragon, Dutch Crypto Investors, and more. In addition, Coded Estate formally announces the launch of its “Pre-Season Mainnet Campaign”, an initiative aimed at bootstrapping the platform with early liquidity […]

Save
Bitcoin’s Non-Realized Profits Hit Negative Levels—What Does This Mean for Investors?
www.newsbtc.com

As Bitcoin is currently still struggling to reclaim major highs, a recent analysis of its fundamentals has highlighted a possible buying opportunity for Bitcoin based on insights from the Non-Realized Profit metric. A CryptoQuant analyst known as Darkfost highlighted this metric’s importance in a recent post on the CryptoQuant QuickTake platform, mentioning what its trend […]

Save
Overturned Chevron deference likely won’t impact crypto regulation: Tom Emmer
cointelegraph.com

Only a Donald Trump election victory and a mostly Republican Congress could make Chevron potentially impactful, says Representative Tom Emmer.

Save
Man hid thousands in drug money by converting it into <b>cryptocurrency</b> – Wales Online
www.google.com

Ranj Hassan assisted the gang into laundering the proceeds of 40kg of cocaine which had been traded.

Save
HBO's Satoshi Documentary 'Money Electric' Is An Insult to Bitcoin
bitcoinmagazine.com

CAUTION: SPOILERS AHEAD. Some say we live in the golden age of documentaries – certainly they are being created at a volume far higher than at any point in history, but for every “My Octopus Teacher,” a genuinely inspiring and unusual human story, there’s the opposite: cynical trash like “Money Electric.” Let’s start by acknowledging […]

Save
Worldcoin (WLD) Plummets after Massive Token Dump
crypto-economy.com

TL;DR Worldcoin (WLD) faces strong selling pressure due to massive liquidations by Alameda Research, which has sold 143,770 tokens weekly on Binance. The price of WLD has fallen by 1.6%, reaching $1.83, while trading volume decreases by 28.2%, evidencing a marked disinterest among investors. Some analysts speculate about a possible rebound in the price of […]

Save