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Bitcoin Tests $69K: Daily Crypto Update Witness Surge in Top Cryptos
21.10.2024
The crypto market has been on a roll for the past week. Top assets, like Bitcoin, are surging…
Lowest search interest since 2020 — 5 things to know in Bitcoin this week
21.10.2024
Bitcoin achieves its highest weekly close in four months as BTC price predictions see $70,000 and more after a support retest
New Hampshire AG Joins Calls to Designate Jailed Ex-Federal Agent as Hostage
21.10.2024
New Hampshire Attorney General John M. Formella and 17 other state attorneys general are urging the Biden Administration to designate Tigran Gambaryan, a detained U.S. citizen, as a hostage. The AGs express deep concern for his well-being and safety, given his prolonged detention in Nigeria without...
Bitcoin Nears $70K Amid Record Open Interest at $40B as Trump-Harris Election Nears
21.10.2024
Solana’s SOL led gains in leading digital assets in the past 24 hours as risk-on sentiment pushed the market higher. PLUS: The impending U.S. election contributes to increased volatility, with some expecting more gains for bitcoin in the days ahead
Latam Insights: Brazil Pushes BRICS Away From the US Dollar, Bitcoin Adoption Falters in El Salvador
21.10.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil pushes BRICS to use national currencies instead of the dollar, bitcoin adoption reaches critical levels in El Salvador, and smart contracts achieve...
Bitcoin open interest exceeds $40B amid brush near $70K
21.10.2024
High open interest signals more leverage, which could induce another flush-out if positions are liquidated.
The Next Big Leap for Bitcoin Miners: What it Takes to Reach $100 Hashprice
21.10.2024
Before bitcoin’s fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin’s hashprice—representing the estimated daily earnings for 1 petahash per second (PH/s)—fluctuated...
Governments must tax or ban Bitcoin to maintain deficits: Minneapolis Fed
21.10.2024
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits
Putin Discusses BRICS Currency and Swift Alternative
21.10.2024
Russian President Vladimir Putin has emphasized the need for independent financial systems within BRICS, focusing on developing an alternative to Swift. He addressed the idea of a shared BRICS currency but urged caution, noting that it’s not yet fully developed. His remarks hinted at careful...
Bitcoin Gets Yet Another Bullish Signal as Prices Near $70K
21.10.2024
A widely-tracked momentum indicator has flipped positive for the first time since April
How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim
21.10.2024
Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redistribution, where early investors gain while non-holders and latecomers are left...
Russia Pushes Digital Currency Plan for BRICS — Is This the End of Western Financial Dominance?
21.10.2024
Russian President Vladimir Putin has unveiled a plan to introduce digital currencies as a key tool for investment for the BRICS alliance. This proposal aims to boost economic growth in developing nations, with a focus on minimizing inflationary risks. By involving BRICS members and other developing...
UBS Predicts ‘No Landing’ for US Economy — What It Means for Markets and Inflation
21.10.2024
Global investment bank UBS is forecasting a “no landing” scenario for the U.S. economy, where growth continues and inflation remains stable, defying predictions of recession. With stronger-than-expected jobs data and GDP growth, UBS expects election-driven market volatility but sees...
BTC Hits $69K Amid Big Market Moves: Here’s How Markets Are Moving
21.10.2024
On Sunday, bitcoin (BTC) climbed past $69,000, hitting an intraday peak of $69,363 per coin. Over the past week, BTC gained 9.3%, expanded 63% since the start of the year, and increased by 132% over the last 12 months. The global trading volume across the crypto economy sits at $71.30 billion, with...
Russia Vows to Launch Domestic Payment System to Render Western Sanctions Obsolete
21.10.2024
Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort by many institutions to achieve a principles-based system instead of...
Stripe Acquires Stablecoin Platform Bridge in Record $1.1 Billion Crypto Deal
20.10.2024
Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion transaction, marking the largest acquisition in the crypto industry to date. Techcrunch founder Michael Arrington confirmed the news through a post on X, emphasizing the significance of this milestone deal....
Crypto founders should stop chasing narratives and start creating them
20.10.2024
Founders and entrepreneurs need to stick to their guns if they want to make a difference in the industry
Farm, Craft, and Thrive in My Neighbor Alice
20.10.2024
Follow Regina in her journey down the rabbit hole that is My Neighbor Alice. Will she find a wonderful land, or will it be a bore? Read on to find out. Last episode’s quick recap I’m still riding the hype—Spider Tanks is an epic Web3 game! Its fast-paced, tactical gameplay...
Bitcoin ETF Holdings Push Steadily Toward the 1 Million BTC Threshold
20.10.2024
Following Friday’s spot bitcoin exchange-traded fund (ETF) activity, the numbers reveal that the 12 ETFs are on the brink of reaching the impressive milestone of 1 million bitcoins. As of this weekend, the funds are just shy of 42,000 BTC from hitting that target. Massive Bitcoin Inflows...
Bitcoin price rally above $70K could supercharge ETH, SOL, DOGE and SHIB
20.10.2024
Bitcoin’s bullish weekend price action could be a sneak peek of what’s to come this week. Will ETH, SOL, DOGE, and SHIB follow?