BTC, ETH and XRP Price Analysis for November 6
u.today

Which top coins can rise in current week?

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Biden AI executive order ‘certainly challenging’ for open-source AI — Industry insiders
cointelegraph.com

The executive order on AI safety from the Biden administration has laid out its standards for the industry. However, its vagueness has raised concerns among the AI community over stifling innovation.

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Bitcoin Supply Quite Tight with Various Supply Measures at All-Time Highs, Report Says
crypto-economy.com

According to a recent report by Glassnode, a blockchain analytics firm, the supply of Bitcoin is becoming increasingly scarce as more holders are unwilling to sell their coins. The report shows that 90% of the Bitcoin supply has not moved in the last three months, indicating a strong conviction and confidence in the long-term value […]

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Deflationary Crypto Presale BTCETF Token Live Now With Staking Rewards: Roadmap
cryptopotato.com

The long-awaited spot Bitcoin ETF has stepped closer to reality in the past month as investors eagerly await SEC approval. Analysts predict that the launch of one of these funds could inject billions into the crypto market, helping boost asset prices across the board. Now, a brand-new crypto called Bitcoin ETF Token (BTCETF) has been […]

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Is Bitcoin Really Digital Gold?
www.financemagnates.com

Within the cryptocurrency industry, Bitcoin has earned the moniker “digital gold,” drawing comparisons with the actual precious metal. But the issue remains: Is Bitcoin truly the digital counterpart of gold? In this post, we will look at the features of both Bitcoin and gold to see if the comparison holds up under investigation. The Emergence […]

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What is DeFi Returns?  A new way of DeFi Investing
www.cryptoninjas.net

DeFi Returns brings comprehensive up-to-date information on DeFi strategies and protocols, to easily compare and analyze their performance. Getting the most reliable data source for historical yield on DeFi, to help users make informed decisions when investing in the ecosystem. All data displayed is sourced from the protocol’s smart contracts directly. The new DeFi Returns […]

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Solana (SOL) Set To Take Market Share Away From Cardano (ADA), According to Bloomberg Crypto Analyst
dailyhodl.com

Bloomberg Intelligence analyst Jamie Coutts says that Ethereum (ETH) competitor Solana (SOL) is well-positioned to perform stronger against fellow ETH rival Cardano (ADA). Coutts says that Solana has a lot more daily users than Cardano but that ADA’s market cap is still about 75% of SOL’s market cap. He believes Cardano will start market share […]

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New Defending Globalization Content: <b>Cryptocurrency</b> and Food | Cato at Liberty Blog
www.google.com

Money Across Borders: How Cryptocurrency Has Opened Global Exchange, by Nicholas Anthony, explains that cryptocurrencies have opened new opportunities …

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Supplier of Over 40,000 Merchants in El Salvador Now Accepts Bitcoin
bitcoinmagazine.com

Bitcoin wallet and API platform Blink, formerly known as Bitcoin Beach Wallet, has announced a new partnership with Distribuidora Morazán, the second-largest distributor of consumer goods in El Salvador, according to a press release sent to Bitcoin Magazine. This collaboration between Blink and Distribuidora Morazán has paved the way for a pilot program that allows the […]

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Shiba Inu Sees Surge In Whale Activity, Will This Affect SHIB?
www.newsbtc.com

Recent data has revealed that Shiba Inu has experienced a significant surge in whale transactions following a recent whale transaction of a whopping 4.43 trillion SHIB tokens. This has since caused quite a stir in the cryptocurrency space. Shiba Inu Experiences Surge In Whale Activity According to data, Shiba Inu has been exhibiting astounding whale […]

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Sui Taps Space and Time, Bringing Zero-Knowledge Tools to Web3 Games
cryptonews.com.au

Developers building on the speedy layer-1 blockchain Sui now have access to a full stack of zero-knowledge-proof-based (ZK) tools. The move is possible thanks to a new tie-up with the Microsoft-backed data platform Space and Time (SxT). Critically, these tools are expected to accelerate the burgeoning Web3 gaming niche on the SUI network, SxT’s CEO […]

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Binance Launches Invite-Only Messenger App to Poor Reviews So Far
cryptonews.com.au

Binance launched an invite-only Web3 social media app on the iOS store to poor reviews. Despite some initial excitement about its release, the exchange’s CEO, Changpeng Zhao (CZ), clarified its limited use case. CZ said the app would mainly be used for internal communications and is unrelated to what Binance will announce at its Blockchain […]

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Major Bullish Sign for Bitcoin Spotted by Top Analyst
u.today

Over 700,000 new BTC addresses were added to the network in just one day

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Caitlin Long’s Custodia Bank launches Bitcoin custody platform
cointelegraph.com

Custodia Bank’s launch of Bitcoin custody follows a series of regulatory challenges the firm faced earlier this year.

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Kraken launches Virtual Asset Service Provider (VASP) services in Belgium
blog.kraken.com

Kraken has launched VASP services in Belgium, utilising its EU subsidiary, which has registered under the VASP regimes in Ireland, Spain and Italy. This launch reinforces Kraken’s ongoing commitment to upholding Europe’s robust anti-money laundering and compliance standards. And further underscores Kraken’s dedication to advancing crypto adoption across Europe, now and into the future. “We’re […]

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Finery Markets and DAMEX Collaborate to Launch Electronic OTC Trading
www.financemagnates.com

To enhance OTC trading capabilities, Digital Asset Management Limited (DAMEX), a payment platform specializing in digital asset management, has integrated FM Liquidity Match into their trading technology stack. Damex Direct: A Solution for Digital Asset Management Through the DAMEX OTC Desk, businesses now have the convenience of buying and selling digital assets using fiat or […]

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Crypto traders can mitigate risk with PODS’ FUD Vault – now live on mainnet
www.cryptoninjas.net

The team of Pods recently announced the mainnet launch of its 3rd strategy on Pods Yield: FUD Vault, which now complements ETHphoria and stETHvv. FUD Vault provides a way for users to benefit from market downturns by offering a mechanism to hedge against significant price drops in ETH while preserving the deposited principal. Who is […]

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Hong Kong Considering Crypto ETFs as Part of Effort To Become Leading Digital Asset Hub: Report
dailyhodl.com

Hong Kong is reportedly weighing the possibility of allowing spot cryptocurrency exchange-traded funds (ETF). In a new Bloomberg report, Hong Kong’s Securities and Futures Commission CEO Julia Leung outlines what it would take for spot crypto ETFs to be authorized in the city-state. “We welcome proposals using innovative technology that boosts efficiency and customer experience. […]

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Hard and Fast Bitcoin Price Explosion to New Highs About To Catch Everyone off Guard, Says Top Trader
dailyhodl.com

A widely followed crypto trader is predicting that Bitcoin (BTC) will suddenly soar in price and reach a new all-time high while many are caught on the sidelines. Pseudonymous analyst Bluntz tells his 226,800 followers on the social media platform X that Bitcoin may be in the early stages of a strong impulse that could […]

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Cardano Attracts Over $600 Million in Whale Investments
crypto-economy.com

Cardano’s ADA token has seen a notable increase in interest from large investors, according to data from analytics firm IntoTheBlock. This increase translated into an accumulation of 1.89 billion ADA last month, which is equivalent to more than $600 million at current cryptocurrency prices. $ADA got a strong vote of confidence last month. Big holders […]

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Kraken Wants to Launch Its Own Layer-2 Network: Report
cryptopotato.com

United States-based cryptocurrency exchange Kraken is mulling launching its own layer-2 network, CoinDesk reported, citing people familiar with the matter. According to the report, the crypto exchange is considering using the technology of several blockchain firms, including Polygon Labs, Matter Labs, and Nil Foundation, as the base for the new network. Kraken Considers Launching Layer-2 […]

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Next <b>Cryptocurrency</b> to Explode Tuesday 7 November – Bitcoin ETF Token, Blur, WOO Network
www.google.com

Next Cryptocurrency To Explode. S&P 500 futures experienced a 0.2% drop, mirroring the decline in FTSE futures, while European futures showed a 0.3% …

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Celebrating Bitcoin White Paper Day: Bitcoin Backstage with Adam Back
bitcoinmagazine.com

Bitcoin White Paper Day, celebrated on October 31, marks the 15th anniversary of the release of the groundbreaking Bitcoin white paper by the pseudonymous person or group known as Satoshi Nakamoto. This pivotal document, titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” introduced the world to a revolutionary technology that has since disrupted traditional financial systems […]

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Altcoins Rally: What’s Next After The Breakout
www.newsbtc.com

Altcoins have witnessed a significant surge recently, with their collective market capitalization rising from $575 billion to $615 billion in just a few days – an increase of 7%. This momentum hints at the potential for further growth in the Altcoin sector. Breakout From Descending Triangle The Altcoin market capitalization had been trading within a […]

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'107,000 GPUs on the waitlist' — io.net beta launch attracts data centers, GPU clusters
cointelegraph.com

Io.net’s recently developed decentralized physical infrastructure network has moved into its beta phase, allowing GPU computing providers to plug into the platform.

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Shiba Inu Nears 298 Trillion SHIB Barrier, XRP Lawyer Outlines 99.9% Win Scenario in Ripple-SEC Case, Shytoshi Kusama Urges SHIB Influencers to Unify: Crypto News Digest by U.Today
u.today

U.Today has collected weekend’s top crypto news for you in its latest news digest, check it out!

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Fidelity Analyst Forecasts Potential Bitcoin Price Target Amid Acceleration of Adoption – Here’s His Outlook
dailyhodl.com

Fidelity Investments’ global macro director Jurrien Timmer is updating his outlook on Bitcoin (BTC) following the latest price surge. Timmer tells his 173,000 followers on the social media platform X that Bitcoin could soar beyond $96,210 by 2025 due to two main factors. He lays out a scenario for Bitcoin’s price performance in the coming […]

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Will Dogecoin Keep Rising the Global Market Cap Rankings and New Meme Tokens Follow
cryptonews.com.au

Many crypto analysts are predicting the onset of another meme coin season, forecasting the top meme coin Dogecoin to display an explosive rally in the coming days. The Dogecoin price surged to as high as $0.077 today, before retracing marginally to trade near the $0.73 mark. Owing to an 85% jump in its daily trading […]

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Hut 8's Bitcoin Output Holds Steady in October, Defying Decline in Industry Production
www.financemagnates.com

Hut 8 Mining Corp. mined 112 Bitcoins in October amid recent developments, including the merger with US Bitcoin Corp. The mining firm’s output in the period was equal to a daily production rate of around 3.6 Bitcoins. During October, Hut 8 sold 365 Bitcoins for CAD$14.6 million. This translates to an average selling price of […]

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Maximize Your ETH Investment: The ETHphoria Vault by Pods
www.cryptoninjas.net

This week, the team of Pods, a provider of structured products for crypto assets, unveiled its latest offering – the ETHphoria Vault. This innovative yield strategy is designed explicitly for ETH enthusiasts who are bullish about its future prospects and want to earn even more from increasing prices. ETHphoria is a low-risk, principal-protected strategy designed […]

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Cardano Tops This Notable List While ADA Soars 17% Weekly: Details
cryptopotato.com

TL;DR ADA, Cardano’s native token, has seen the most development activity in the past month and has become one of the trendiest cryptocurrencies, though Bitcoin has not made it onto this top list. ADA has surged to $0.37, the highest since June 2023, with analysts predicting a potential continuation of its rally, with some price […]

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With proven price discovery, bitcoin's future in the U.S. is secured – TheStreet Crypto
www.google.com

Holmes also delved into the more technical aspects of cryptocurrency, discussing the profitability of mining, particular coins in a bullish bitcoin …

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