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Trump pump? Bitcoin climbs to 2.5-month high as Trump widens lead
16.10.2024
Industry watchers are pointing to Bitcoin’s increasing correlation with the winning odds of former President Donald Trump
First Mover Americas: Bitcoin Moves Above $68K Amid Renewed Bullishness
16.10.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Elon Musk and crypto: 6 times ‘Dogecoin’s CEO’ rocked markets
16.10.2024
When Musk tweets, the crypto market listens — and often pays the price
Elon Musk and crypto: 6 times ‘Dogecoin’s CEO’ rocked markets
16.10.2024
When Musk tweets, the crypto market listens — and often pays the price
MicroStrategy shares soar 1,540% since 2020, outperforming S&P 500
16.10.2024
MicroStrategy is up over 1,500% since 2020, while the S&P 500 index rose just over 111% during the same four-year period
MicroStrategy shares soar 1,540% since 2020, outperforming S&P 500
16.10.2024
MicroStrategy is up over 1,500% since 2020, while the S&P 500 index rose just over 111% during the same four-year period
Italy to raise capital gain tax on Bitcoin from 26% to 42%
16.10.2024
Italy, well-known for its architecture, culture, art, opera, literature, film, and fashion, is about to experience a one…
Italy to raise capital gains tax on Bitcoin from 26% to 42%
16.10.2024
In addition to raising the withholding tax on Bitcoin capital gains to 42%, Italy also plans to remove the 750,000 euro web tax threshold
Russia Mulls Commodity Trading Centers to Bolster BRICS Economic Sovereignty
16.10.2024
Russia has just unveiled a plan to reduce its reliance on the US-dominated global financial system. The plan is seen as a response to crippling Western sanctions. The plan involves setting up mutual centers for trading commodity resources, which will allow Russia and its partners to bypass...
LBank Unveils Future Compliance Strategy, Accelerating Global Expansion in the Crypto Market
16.10.2024
On October 14th, Eric He, LBank’s Chief Angel Officer and Risk Control Advisor, shared insights into the exchange’s future market plans and global compliance strategy via social media. He noted, “To better meet the regulatory requirements of various jurisdictions, our official...
Network State Praxis Secures $525M Financing to Launch New City Meant to Attract Crypto Entrepreneurs and Promote ‘Western Civilization’
16.10.2024
Praxis has announced a significant milestone, securing $525 million in financing to establish a new city designed to draw in crypto entrepreneurs and champion the ideals of Western Civilization. With a robust community of over 14,000 members across 84 countries and a collective valuation of more...
Open Interest on CME Bitcoin Futures Hits All-Time High, Signals Further Bullishness
16.10.2024
CME Bitcoin Futures Open Interest Hits All-Time High with Third-Largest Five-Day Increase, Following Two Price Surges
Bitcoin profit-taking nears $74K peak as speculators send Binance $500M
16.10.2024
Bitcoin short-term holders waste no time in sending coins in profit to exchanges for a mass profit-taking event
BlackRock’s Bitcoin Holdings Reach $25 Billion
16.10.2024
Bitcoin holdings of BlackRock have reached a high of $25 billion. IBIT now has an AUM of 375,169…
Nigeria Receives Nearly $100,000 From Unlicensed Crypto Firms
16.10.2024
The Nigerian government received nearly $100,000 from two cryptocurrency firms accused of conducting unlicensed conversions of tether (USDT) to naira and vice versa. The two Nigerian cryptocurrency firms, Paparaxy Global Ventures Limited and Lemskin Technologies Limited were accused of operating...
Ripple Invests $25M in Bitnomial’s Platform to Build Regulated Derivatives Market for Digital Assets Like XRP
16.10.2024
Crypto derivatives exchange Bitnomial is set to launch its U.S. perpetual futures trading platform, Botanical, backed by a $25 million round led by Ripple. The platform, integrating Ripple’s stablecoin RLUSD, aims to challenge decentralized exchanges and offshore models. Bitnomial’s...
Sonic Co-Founder Andre Cronje Criticizes Ethereum L2 Appchain Adoption
16.10.2024
Andre Cronje, co-founder of Sonic and yearn.fi, criticized the growing trend of creating Ethereum Layer 2s designed and tailored for a specific protocol or decentralized finance app (Appchains). Cronje detailed that this approach had many downsides, including the lack of infrastructure, zero...
Early Bitcoin-era whale moves $630K to Kraken, $5.5M in 2 months
16.10.2024
After the latest $630,000 transfer, the Bitcoin whale has now sent $5.47 million worth of Bitcoin to Kraken in the last two months.
Bitcoin's Inverse Ties With Dollar Index Challenged as U.S. Election Looms
16.10.2024
Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index
Malta-Based Investment Company to Follow Microstrategy’s Bitcoin Playbook
16.10.2024
Samara Asset Group, a Malta-based investment company focused on seeding tech and crypto startups, aims to follow the Microstrategy playbook by announcing a bond whose proceeds will grow its bitcoin portfolio. Co-founded by cryptocurrency proponent Mike Novogratz, the company’s mission is...