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With Over 50% Market Share, Bitcoin’s Dominance Echoes Its 2021 Peaks
24.10.2023
Recent data reveals a surge in bitcoin’s dominance, a measure of its market capitalization in relation to the entire cryptocurrency sphere, reaching peaks not observed since February 2021. Present figures demonstrate that bitcoin (BTC) constitutes approximately 54% of the total...
Bitcoin, Ethereum Technical Analysis: BTC Explodes Above $35,000 as ETF Speculation Intensifies
24.10.2023
Bitcoin rallied to its highest level since May 2022, as bullish sentiment exploded throughout the market. The surge came as traders believed a United States SEC announcement was imminent, over a bitcoin exchange-traded fund (ETF), likely from Blackrock. Ethereum also rose, climbing above $1,800....
Bitcoin Soars as Blackrock Moves Closer to Launching Spot Bitcoin ETF
24.10.2023
Blackrock is moving forward with the process of bringing its spot bitcoin exchange-traded fund (ETF) to market. The world’s largest asset manager has secured a ticker symbol and a CUSIP number for its forthcoming spot bitcoin ETF, which is now listed on the Depository Trust and Clearing...
Bitcoin.com Collaborates With MyCointainer to Integrate VERSE Token on Its Platform
24.10.2023
PRESS RELEASE. October 24th, 2023. Bitcoin.com, a pioneer in providing accessible and user-friendly cryptocurrency services, has announced a strategic partnership with crypto-staking platform MyCointainer where VERSE, the rewards and utility token for the Bitcoin.com ecosystem and...
Crypto ATMs Vanish at Rapid Rate in 2023, Data Highlights Downward Trend Peaked in July
24.10.2023
2023 has marked a notable decline in the number of crypto automated teller machines worldwide, plunging to levels not seen since November 2021. Data from coinatmradar.com reveal that July witnessed the steepest fall, with 4,123 crypto ATMs vanishing from the industry. The Ebb and Flow of Crypto...
Binance Latam Regional VP: ‘We Intend to Become Regulated in Argentina’
24.10.2023
Min Lin, Latam regional vice president at Binance, referred to the intention of the institution to become regulated in Argentina after a specific law to license crypto brokers is approved. Lin stated the exchange is talking with regulators to introduce innovation in regulatory frameworks...
Amidst Stellar & XRP setbacks, one crypto could skyrocket by 100x
24.10.2023
Stellar (XLM) and XRP upward rises appear to have come to a screeching halt as bears overcome bulls. Investors in both top altcoins have witnessed their short-lived gains diminish quickly, leaving them scratching their heads. However, there is some hope in the form of the newly launched VC Spectra...
Bitcoin Already Hit $38,000 on This Exchange as Flagship Cryptocurrency Resumes Rally
24.10.2023
Bitcoin has already breached $38,000 on crypto exchange Bitgamo as the leading cryptocurrency pumps amid optimism around spot exchange-traded fund (ETF).
At the time of writing, BTC is trading at $37,682 on Bitgamo, compared to around $34,300 on other major exchanges...
On the Road to Yuan Internalization: Petrochina Completes First Digital Yuan Settlement
24.10.2023
Petrochina, the largest Asian oil and gas producer, has completed a settlement using the Chinese central bank digital currency (CBDC), the digital yuan. The operation, which involved a purchase of 1 million crude barrels through the Shanghai Oil and Gas Trading Center platform, marks the first time...
Mexican Billionaire Advocates Bitcoin for Wealth Protection — ‘People Need to Realize They’re Being Robbed’
24.10.2023
Mexican billionaire Ricardo Salinas sees bitcoin as a way to protect against inflation tax because the cryptocurrency cannot be debased. “People’s savings are being taken from them without their permission, without their knowledge,” he stressed, adding that “everybody...
Tesla CEO Elon Musk Calls for ‘Comprehensive Deregulation’ After Predicting SEC Overhaul
24.10.2023
Billionaire Elon Musk, the CEO of Tesla and Spacex, has underscored the need for “comprehensive deregulation.” He made this call in response to several actions by the U.S. Securities and Exchange Commission (SEC) that he believes are severely constraining our civilization. This comes...
SEC Ordered to Re-Evaluate Grayscale’s Bitcoin ETF Conversion With Court Mandate
23.10.2023
The U.S. Securities and Exchange Commission (SEC) once again holds the reins when it comes to evaluating Grayscale’s spot bitcoin exchange-traded fund (ETF) application. On October 23, 2023, the U.S. Court of Appeals for the D.C. Circuit delivered a directive, compelling the SEC to take...
Dormant $144M in Bitcoin From Defunct Abraxas Darknet Market Moved After Years of Inactivity
23.10.2023
According to the onchain analyst Zachxbt, 4,800 bitcoins taken from the now-defunct darknet marketplace Abraxas were transferred to a bitcoin mixing service. Abraxas exit scammed in November 2015 after less than a year, and the bitcoins had remained untouched since then. $144M in Bitcoin from 2015...
Lower-middle income countries lead in crypto adoption, but not volume: Chainalysis
23.10.2023
Usage is down, but the future of crypto looks bright thanks to adoption in up-and-coming economies, according to Chainalysis
Worldcoin Adjusts Token Strategy; Shifts Orb Rewards and Alters Market Maker Agreements
23.10.2023
Worldcoin, which uses iris biometrics to create a unique human identity database, said Sunday it is changing the distribution of its circulating WLD token supply and its market maker loan agreements. The project, launched in July, will decrease the loan amounts to market makers and will start...
From Effective Altruism to Terms of Service — Pivotal Points in Bankman-Fried’s Court Battle
23.10.2023
Lawyers for former FTX CEO Sam Bankman-Fried have given proposed jury instructions to the court in advance of jury deliberations and his verdict. These instructions clarify the defense’s legal positions and emphasize their client’s right to be presumed innocent until proven guilty....
Biggest Movers: DOGE, MATIC Rally to 2-Month Highs on Monday
23.10.2023
Dogecoin rose by over 10% to start the week, as sentiment in cryptocurrency markets remained mostly bullish. The global market cap for crypto is up by 2.34% at the time of writing, which comes as a red wave swept through global stock indices. Polygon was another notable gainer on Monday. Dogecoin...
Bitmain to Support Aleo’s PoW Blockchain With Latest Antminer Release
23.10.2023
Crypto mining rig manufacturer Bitmain plans to release a new Antminer supporting the proof-of-work (PoW) blockchain network Aleo. The announcement comes after Bitmain’s recent launches of filecoin and kaspa machines and the company’s latest series of bitcoin miners. Aleo’s...
Bitget releases MPC wallet, includes 2/3 private key sharding
23.10.2023
Cryptocurrency exchange Bitget has released a MPC wallet to improve asset security and user experience
Bitcoin, Ethereum Technical Analysis: BTC Closes in on $31,000 as S&P 500 Plunges to 4-Month Low
23.10.2023
Bitcoin started the week surging towards the $31,000 level, as the S&P 500 fell to a four-month low. Momentum in crypto markets has remained mostly bullish in recent days, following speculation on upcoming exchange-traded fund (ETF) approvals by the United States SEC. Ethereum rose above...