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Least volatile 'Uptober' ever — 5 things to know in Bitcoin this week
24.10.2022
October 2022 has yet to prove itself as analysts predict "wild" Bitcoin price volatility for November
Report: Ghanaian Cedi Slides Further Versus the US Dollar to Become World’s Worst-Performing Currency
24.10.2022
As Ghana waits for a financial bailout from the International Monetary Fund (IMF), the country’s currency continued its slide versus the dollar after the respective currencies’ exchange rate slipped to just under C15:$1. Following this latest plunge, the cedi has now depreciated by more...
FTX to give a 'one-time' $6M compensation to phishing victims
24.10.2022
FTX founder Sam Bankman-Fried said the exchange won’t be “making a habit of compensating” users that are “phished by fake versions of other companies.”
Ripple's lead engineer to exit after nearly a decade with the firm
24.10.2022
Nik Bougalis primarily worked on open-source code projects for the payments-focused XRP Ledger, with the recent push to introduce NFTs being a key implementation of note
Hong Kong Presents Digital Currency Prototype, Project Aurum
24.10.2022
Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail Tokens...
Bitcoin and Ethereum Price Prediction – BTC Breakout Triangle Pattern, Preparing for Lift Off?
24.10.2022
On October 24, the Bitcoin price showed a bearish correction after getting rejected at the $19,700 resistance mark. In contrast, Ethereum is rising, gaining over 2% to $1,347 during the early Asian session.
Major cryptocurrencies were trading bullish early on October 24, with a global crypto...
Fidelity to beef up crypto unit by another 25% with 100 new hires
24.10.2022
The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson
LBank Exchange Will List VNX Gold (VNXAU) on October 25, 2022
24.10.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Oct. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list VNX Gold (VNXAU) on October 25, 2022. For all users of LBank Exchange, the VNXAU/USDT trading pair will be officially available for trading at 10:00 UTC on October...
Mango Market exploiter brags after rug pulling Mango Inu 'shitcoin'
24.10.2022
Avraham Eisenberg is at it again, following up his exploit of Mango Markets by deploying a new 'shitcoin' named Mango Inu to purportedly swipe liquidity from bot traders
Crypto platform Freeway halts services citing 'unprecedented volatility'
24.10.2022
Cryptocurrency platform Freeway has halted transactions and services related to their “Supercharger” high-yield product until further notice
Santander Proposes Project to Tokenize and Trade Properties With the Brazilian CBDC
24.10.2022
Santander, the Spain-based bank, has presented a project to use tokenization in tandem with the digital real, the proposed Brazilian cryptocurrency, in order to facilitate property transactions. The proposal, part of the LIFT challenge, would be focused on simplifying the sale of real estate...
Nifty News: OpenSea dominance fades, Azuki skateboards fetch $2.5M and more
24.10.2022
The largest NFT marketplace is facing headwinds from its competition as OpenSea sees its market share slip whilst its rivals gain significant ground
A stablecoin's rise in market share has ignited the ‘Second Great Stablecoin War’
24.10.2022
Since Binance announced it would auto-convert USDC, USDP and TUSD into BUSD on Sept. 6, BUSD’s share of the total stablecoin market has risen from 10.01% to 15.48%
Invesco Strategist Warns the Fed Is ‘Playing a Dangerous Game’ That Could Lead to ‘Significant Recession’
24.10.2022
The chief global market strategist at Invesco, a global investment firm with $1.3 trillion under management, has warned that the Federal Reserve is playing “a dangerous game” with its 75-basis-point rate hikes. She noted that the Fed’s action could lead to “a significant...
Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High
24.10.2022
Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means that not only is it 3.44% harder to find a bitcoin block subsidy, the network’s mining difficulty has also reached another all-time high (ATH) by tapping 36.84...
Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take
24.10.2022
Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path...
Crypto incubators have a responsibility to maintain fiscal discipline
24.10.2022
Incubators provide a foundation for many crypto companies and have a responsibility to ensure they’re taking steps to survive in a bear market
'Uptober is Back' - CryptoKaleo's Bitcoin Price Prediction as Monthly Flips Green
24.10.2022
Trader CryptoKaleo tweeted 'Uptober is back' to his half a million followers as the Bitcoin price pumped back over $19,500 today - recovering the weekly and monthly open.
For the majority of October, the monthly candle was red - last week's candle closed in the red, and most of this week has seen...
Bitcoin will surge in 2023 — but be careful what you wish for
23.10.2022
Depending on who you listen to, Bitcoin’s price is headed for either $3,500 or $1 million in the year ahead
A Look at the First Phone-to-Phone Bitcoin Transfer Using a Nokia N900 Smartphone
23.10.2022
When Satoshi Nakamoto created Bitcoin, the full node client came with a wallet often referred to as Bitcoin-Qt. Nakamoto’s simplified payment verification (SPV) concept was not available until two years later, after the former Bitcoin Core developer Mike Hearn published BitcoinJ in 2011....