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Robert Kiyosaki Predicts Bitcoin Blast-off — Declares Time to Buy BTC
27.10.2024
Rich Dad Poor Dad author Robert Kiyosaki predicts a bitcoin “blast-off,” urging investors to buy BTC and seize this prime entry point. Bitcoin Set for Blast-off — It’s Time to Buy, Says Kiyosaki Robert Kiyosaki, author of Rich Dad Poor Dad, has once again voiced strong...
5,000 Delegates Gather as BRICS Charts a Path to Sidestep Western Influence
27.10.2024
With 5,255 delegates attending, the 16th BRICS Summit in Kazan focused on building a “multipolar world order” and reducing reliance on dollar-based systems. With Over 5,000 Delegates, BRICS Summit Sends a Message to the Dollar’s Dominance More than 5,000 delegates gathered in Kazan for...
TeraWulf: Overview of a Rising Bitcoin Miner in 2024
27.10.2024
TeraWulf stands out as a top-performing Bitcoin mining stock in 2024, up 70% YTD with 62.49% institutional ownership. Discover How Financial Health, Expansion, and Low-Cost Energy Fuel TeraWulf’s success The following guest post comes from Bitcoinminingstock.io, the one-stop hub for...
A New Approach to Analyzing Operational Efficiency of Bitcoin Mining Companies
26.10.2024
Discover how Bitcoin mining companies are navigating operational efficiency amid global layoff trends by examining their G&A expenses relative to revenue. Analyzing the Operational Efficiency of Mining Firms Like MARA, CLSK, RIOT, and Other Top Miners The following guest post comes from...
Enter the the Token-Driven World of Angry Dynomites Lab
26.10.2024
In Angry Dynomites Lab, Regina join forces with other players to save a world of clumsy Dynos in this innovative Web3 adventure. Last week’s Quick Recap Last week we stepped into the whimsical world of My Neighbor Alice, where farming, crafting, and community-building come to life! Explore...
How the Grateful Dead Presaged Today’s Decentralized Technologies and Encouraged P2P Networking
26.10.2024
In 1965, the Grateful Dead united as a musical group that not only redefined the music industry but upended the norms, setting a fresh and uncharted course. Playing in the Band Fueled by their psychedelic explorations, the Grateful Dead ignited phenomena such as the “jam band,” Deadhead followers...
Triple-Digit Gains and Pricey Sales—What’s Fueling the NFT Market’s Latest Shakeup?
26.10.2024
Between Oct. 19 and Oct. 26, recent data reveals that non-fungible token (NFT) sales slid 7.11% lower than the prior week. Top NFT Collections of the Week: Froganas, Mythos Dmarket, and BAYC Lead Sales This week’s total NFT sales clocked in at $89.26 million—a dip of 7.11% from last...
Central Bank of Brazil Highlights Tokenization Potential Before IMF and World Bank
26.10.2024
The Central Bank of Brazil propped up tokenization and “open finance” as key elements of the future’s financial system. In a panel presentation before the IMF and the World Bank, the bank’s president stated that the intersection between these had been underestimated. Central...
The Race to the Zettahash Era: Bitcoin’s Hashrate Breaks New Records
26.10.2024
On Friday, Oct. 25, 2024, Bitcoin’s network hashrate climbed to a new all-time high, reaching 736.81 exahash per second (EH/s)—a milestone unmatched in the network’s history. Bitcoin’s Hashrate Hits Historic High — How Close Are We to the Zettahash Era? Bitcoin’s computing power has hit...
Stablecoin Plunges 98% in 24 Hours, Sparks Rug Pull Allegations
26.10.2024
Early on Oct. 26, the U.S. dollar value of Essence Finance’s decentralized stablecoin, CHI, plunged by more than 90% after rumors emerged that more than $20 million of collateral had been removed. According to Geckoterminal data, the value of the stablecoin, which normally trades at par with...
Polymarket’s Staggering Growth in October — Will Post-Election Events Keep the Momentum Going?
26.10.2024
Based on Dune Analytics’ latest figures, the prediction market Polymarket’s October volume has soared to over three times what it was in September. Polymarket Continues to Hit All-Time Highs In the lead-up to the 2024 U.S. election between former President Donald Trump and Vice President Kamala...
Markets Are Telling Us Something About the US Election
26.10.2024
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Polymarket, Traditional Markets, and Crypto Markets Are Predicting a Trump Victory A widely circulated sentiment for the past week on CT...
8 Chinese Firms Exposed in High-Stakes Crypto Laundering Operation
26.10.2024
Indictments reveal how eight Chinese firms used cryptocurrency to obscure profits from illegal chemical sales. US Indicts Chinese Firms Using Cryptocurrency in Illicit Trade The U.S. Department of Justice (DOJ) has unsealed indictments against eight China-based chemical companies and employees...
BRICS Isn’t Anti-West but Won’t Tolerate Western Currency Domination, Russian Official Says
26.10.2024
BRICS has condemned Western economic dominance and currency control tactics, accusing the West of using reserve currencies as “weapons” to maintain its monopoly. BRICS Says No to Western Monopoly, Criticizes Currency Control Strategies Russia’s Deputy Foreign Minister and BRICS Sherpa Sergey...
Feds Target Businessman in Alleged Web of Secret Crypto Deals
26.10.2024
The U.S. has accused a businessman of running an unlicensed cryptocurrency operation that allegedly enabled secretive “off-the-books” transactions. Unlicensed Crypto Transactions: Businessman Christopher Scanlon Indicted on Federal Charges Christopher James Scanlon, a Florida-based...
BRICS Payment System a SWIFT Substitute? Network to Implement Digital Assets and Financial Messages
26.10.2024
The Russian Finance Minister offered insight into the inner workings of the new BRICS payment system at the recent summit held in Kazan. Anton Siluanov stated that the modern system will take digital financial assets into account and will be able to deliver financial messages. BRICS Proposed...
Korea to Regulate Crypto Cross-Border Trade Next Year
26.10.2024
On Friday, South Korea’s finance ministry announced plans to regulate cross-border transactions of virtual assets, including cryptocurrency, starting in the second half of 2025. The new regulations will mandate that businesses engaged in cross-border virtual asset trade register with authorities...
BRICS Backs Russia’s Push for New Global Payment System to Counter Western Control
26.10.2024
Russia’s push for a BRICS payment system is gaining traction, with partners endorsing the plan to counter an “outdated, expensive, and ineffective” global framework. BRICS Partners Support Russia’s Plan for a New Payment System Russian Deputy Finance Minister Ivan Chebeskov announced that...
Binance Connect Relaunches, Powering Fiat Currencies and 300 Crypto Options
26.10.2024
Binance relaunches Binance Connect as a fiat-to-crypto gateway, streamlining Web3 transactions and driving global digital asset adoption. Binance Connect Relaunches as a Fiat-Crypto Gateway for Web3 Adoption Crypto exchange Binance announced the relaunch of Binance Connect on Friday, unveiling...
Ripple Escalates SEC Battle, Defends XRP’s Non-Security Classification
26.10.2024
Ripple has filed a cross-appeal against the SEC, with its legal chief insisting that XRP’s non-security status remains untouchable due to strict court review limits. Ripple’s Legal Battle With SEC Over XRP Continues Ripple’s chief legal officer, Stuart Alderoty, announced...