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Bollywood Star Linked to Crypto Scam? India Probes Deeper Into Betting Allegations
20.10.2024
Bollywood actress Tamannaah Bhatia is reportedly under investigation by India’s Enforcement Directorate (ED) for her alleged role in promoting the “HPZ Token” platform, which is accused of defrauding investors through cryptocurrency schemes. Authorities are probing her potential...
Bitcoin ETFs a Bane for Crypto Startups as VC Deals Drop 20%
20.10.2024
Venture capital (VC) investment in crypto and blockchain startups decreased in the third quarter of 2024. This decline is partly attributed to the growing popularity of bitcoin exchange-traded funds, which offer an alternative way for investors to gain exposure to the crypto sector. U.S.-based...
From $3.6T to $1.2T: The Surprising Decline in Stablecoin Transfer Volume Unveiled
20.10.2024
Since October kicked off, the stablecoin market has experienced a modest boost, though overall growth has remained quite slow. Currently, the sector is valued at $172.7 billion, with 48.9% of stablecoins residing on Ethereum and 34.92% circulating on Tron. Although the stablecoin landscape...
Can BRICS Dethrone World Bank and IMF? Why Cuba Is Betting on Its Growing Dominance
20.10.2024
BRICS is emerging as a potential alternative to the World Bank and International Monetary Fund (IMF), challenging the dominance of Western-led financial institutions, according to Cuba’s Permanent Representative to the United Nations. With major economies like China and Russia among its members...
Bitcoin now has $1T ‘market cap lead’ over ETH amid $68K price
20.10.2024
Bitcoin has surpassed Ethereum’s market capitalisation by over $1 trillion and one crypto analyst pointed out it is a new all-time high "for the spread."
XRP’s Legal Status Unshaken Amid SEC Appeal – Ripple Prepares Counterstrike
20.10.2024
Ripple’s legal chief has reaffirmed that the core ruling declaring XRP not a security remains intact despite the appeal by the U.S. Securities and Exchange Commission (SEC). The regulator’s move challenges several other aspects of the July 2023 ruling regarding XRP. Ripple plans...
Peter Schiff Predicts ‘Mother of All Gold Bull Markets’ — Early Signs of Massive Gold Surge
20.10.2024
Economist and gold advocate Peter Schiff predicts the “mother of all gold bull markets” as gold prices surge to a record $2,720 per ounce. He attributes the rally to inflation fueled by central banks, warning that fiat currencies are losing value. Schiff suggests this is only the start...
‘We’re Heading to 6-Figure Bitcoin’ — What’s Driving This Bold Prediction
20.10.2024
Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like...
Robert Kiyosaki Reveals His Secret to Surviving Inflation — Urges You to Do What He Did
20.10.2024
Rich Dad Poor Dad author Robert Kiyosaki has shared his secret to surviving inflation, advising: “If you are wondering how you will survive and thrive in today’s high inflation environment … you may want to do what I did.” He warned of the dangers of relying on U.S. dollars...
Bitcoin $233K forecast, SEC X account hacker arrested, and more: Hodler’s Digest, Oct. 13 – 19
20.10.2024
Bitcoin is technically on track to hit $233,000, according to analytics data based on the RSI, FBI arrests SEC X hacker: Hodlers Digest
Trial Postponed for Jailed Ex-US Federal Agent After Court No-Show
20.10.2024
A Nigerian court has adjourned the trial of Tigran Gambaryan, a jailed Binance executive, due to his illness. Gambaryan, a U.S. citizen and former federal agent, missed a scheduled court appearance. Nigerian High Court Judge Emeka Nwite postponed the trial to allow the Binance employee to receive...
Ripple CEO Praises the State of Cryptocurrency Regulation in Brazil
20.10.2024
Brad Garlinghouse, CEO of Ripple, a payments and cryptocurrency service provider, has praised the state of cryptocurrency regulation in Brazil, one of the largest crypto markets in Latam. In an interview with Valor Economico, Garlinghouse highlighted the central bank’s work to make Brazil...
Powell’s Legacy, the Ethics of ‘Doxing’, and Uptober or Rektober
19.10.2024
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Inflation, Memecoin drama, the SEC, and More...
Why Bitcoin’s Fee Spike Is Raising Eyebrows as Prices Hold Steady Above $68K
19.10.2024
While bitcoin’s price has remained above $68,000, onchain fees tagged along for the ride. Earlier this month, fees were below $1, but two days ago on Oct. 17, the average transfer fee hit a peak of $6.32. Today, onchain fees stand at around 22.9 satoshis per virtual byte (sat/vB), or roughly...
ECB paper claims older Bitcoin holders are exploiting new holders
19.10.2024
Since its introduction in 1999, the euro has lost approximately 85% of its value against gold due to monetary inflation
Exploring 7 Different Investment Strategies for Bitcoin: A Guide for Investors
19.10.2024
Investing in bitcoin (BTC) does not require buying a whole coin. Investors can buy fractions of a bitcoin, making it accessible to a wide range of budgets. This accessibility allows investors to explore a variety of strategies suited to their risk tolerance and goals. The following editorial...
Former Sodastream CEO Offers $100K in Bitcoin for the Safe Return of Israeli Hostages
19.10.2024
In the midst of the ongoing conflict between Israel and Hamas, Israeli Prime Minister Benjamin Netanyahu recently made headlines by offering a form of immunity to Hamas fighters as part of his latest statements concerning the hostage crisis. Following Netanyahu’s statements, former Sodastream...
The Moral Case for Bitcoin: Decentralized Currency as a Path to Freedom
19.10.2024
In a world where state-backed currencies fund wars, inflate economies and deplete savings, digital alternatives like bitcoin offer a compelling ethical choice. By removing money from government control, bitcoin presents a route toward a freer and more just society. The Flaws of Fiat Currencies...
Decentralized Money Market Protocol Loses $4.3M in Social Engineering Attack
19.10.2024
Tapioca DAO, has been the victim of a social engineering attack in which criminals exploited a vulnerability to compromise the ownership of the TAP token vesting contract. The breach led to the sale of 30 million vested tokens. A blockchain security firm detected suspicious activity involving...
Friday’s Big Moves: Bitcoin ETFs Dominate With Fresh Inflows – Here’s What You Missed
19.10.2024
Spot bitcoin and ether exchange-traded funds (ETFs) in the U.S. had another winning day, with both categories seeing a steady flow of fresh investments. On Friday, the 12 bitcoin ETFs pulled in a combined $273.71 million, led by ARKB and IBIT at the front of the pack. Bitcoin ETFs Secure Inflows...