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Is G20 Losing Relevance? BRICS’ Rise Signals Shift in Global Power
23.10.2024
The rapid rise of BRICS is challenging the relevance of the G20 as a global platform, with BRICS nations now surpassing the G7 in economic output. As BRICS gains influence, discussions about reforms to major international organizations, including the IMF and UN, are intensifying. According to...
Saylor Isn’t Batsh*t Insane, He’s Selfish
23.10.2024
In a recent interview, Bitcoin cheerleader Michael Saylor shocked many by dismissing concerns about Bitcoin custody, but David isn’t surprised by his statements. Saylor’s Recent Controversial Statements Are Consistent With His Past Statements Michael Saylor is known for being...
Wazirx Security Breach: Liminal’s Analysis Points to Deeper Issues
23.10.2024
Liminal Custody has released an update addressing the allegations and misinformation surrounding the Wazirx security breach. The company clarified that while Wazirx blamed it for the incident, the exchange continued using Liminal’s infrastructure to manage user funds. Liminal emphasized it had...
BRICS Nations in ‘Intense Discussions’ to Develop Common Payment System
23.10.2024
BRICS nations are actively discussing the development of a common payment system and the use of national currencies for trade, with Indian Foreign Secretary Vikram Misri confirming that intense talks have been underway. Studies and research have been commissioned. Experts have emphasized that...
Coinbase CEO, Elon Musk Back Pro-Crypto Senate Challenger Against Elizabeth Warren
23.10.2024
Coinbase CEO Brian Armstrong and Tesla CEO Elon Musk have voiced their support for pro-crypto Senate candidate John Deaton in his race against Elizabeth Warren. Armstrong warned that Warren, a vocal crypto critic, has pushed harmful regulations and backed U.S. Securities and Exchange Commission...
SEC’s Crypto Crackdown Questioned — Will Clear Guidance Finally Emerge?
23.10.2024
The enforcement-heavy approach of the U.S. Securities and Exchange Commission (SEC) to crypto regulation is stifling innovation and leaving the market without clear standards, an SEC commissioner has warned. Criticizing the reliance on litigation, he argued that case-by-case enforcement delays...
Coinshares Opens New York Office Amid Ambitious US Expansion Plans
23.10.2024
Coinshares International has opened an office in New York City, marking a key step in its strategy to expand in the United States. The company aims to bolster its presence in the U.S. financial market through this move and recent acquisitions. Coinshares’ New Office Signals Major U.S. Push...
‘All Roads Lead to Inflation’ — Why Legendary Investor Paul Tudor Jones Is Betting on Bitcoin
22.10.2024
Veteran investor Paul Tudor Jones shared his thoughts on CNBC this past Tuesday, confidently stating that he’s sticking with hard money like gold and bitcoin. In his view, any other option leads straight to inflation. What’s Driving Paul Tudor Jones’ Latest Push for Bitcoin...
Inside DMG Blockchain’s Plan for Canada’s First Indigenous-Led AI Data Centers
22.10.2024
The bitcoin mining company and vertically integrated blockchain firm DMG Blockchain Solutions has announced a partnership with Malahat Nation to develop Canada’s first Indigenous-led artificial intelligence (AI) data centers. The project, designed to utilize clean energy, is expected to expand...
A Major Improvement to Bitcoin Cash Will Smash Developer Bottlenecks
22.10.2024
Andrei Terentiev, CTO of Bitcoin.com, explains why Bitcoin.com has thrown its full support behind Bitcoin Cash Improvement Proposal 2021-05. CHIP-2021-05 Gains Bitcoin.com’s Support With Promise Of A New Era for Bitcoin Cash Smart Contracts Bitcoin.com endorses Bitcoin Cash Improvement...
Sky’s Rune Christensen Reveals Star Allocation Proposal—and Possibly a Return to the Old Maker Name
22.10.2024
Rune Christensen, founder of Makerdao, has outlined a comprehensive plan for the future of the decentralized finance (defi) ecosystem, highlighting the success of the USDS stablecoin and introducing the Star Allocation System Framework. A key aspect of the plan includes a possible transition back...
BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue
22.10.2024
Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. Core Scientific and Coreweave Extend Partnership This contract extension could bring Core...
Bitget Partners With Solayer to Launch CEX-based Solana (SOL) Liquid Staking Services
22.10.2024
Victoria, Seychelles, 22nd October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of its Solana (SOL) liquid staking service, in partnership with Solayer, a leading restaking network on Solana. This service introduces BGSOL, a token that users receive...
Avalanche Unleashes a New Way to Spend Crypto: Meet the Avalanche Visa Card
22.10.2024
Avalanche has launched the Avalanche Card, a loadable debit card that allows users to make purchases using their crypto assets where Visa is accepted. The card will initially be available to Latin American and Caribbean residents, excluding specific regions and countries. Avalanche Introduces...
Stanley Druckenmiller’s ‘Big Short’ Move: Betting on Future Disaster
22.10.2024
Duquesne Family Office’s Stanley Druckenmiller has revealed his latest move in the U.S. bond market. The billionaire investor who won millions in the past for Duquesne Capital does not believe that inflation will keep cooling down, and is consequently betting that a bond bust will eventually...
New Cryptocurrency ICO FreeDum Fighters Raises $225,000 In Opening Weekend
22.10.2024
The 2024 US Election is almost here, and it’s shaking up the market. Traders are speculating on what the outcome will mean for the economy and crypto regulation. But one project encapsulates this, providing a means of speculation while offering hilarious satirical escapades and captivating...
Massive Inflows Push Bitcoin ETFs Higher as Ether Funds Falter
22.10.2024
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) marked another day of gains, pulling in $294.29 million in positive inflows. In contrast, ether ETFs saw a different story, losing $20.8 million across nine funds during the trading day. As Bitcoin ETFs Surge Again, Ether Funds See $20.8M...
Bitcoin Market Update: Traders Question Whether There’s a Breakout or Breakdown Looming
22.10.2024
As of Oct. 22, 2024, bitcoin (BTC) is priced at $67,058.95, fluctuating within a 24-hour range of $66,669 to $68,268. With a market cap of $1.32 trillion and a daily trading volume hitting $44.03 billion, the digital currency appears to be in a consolidation phase, according to technical...
Bitcoin Self-Custody Calls Intensify as Centralization Grows: ‘No One Is Ready for the Biggest Hack in History’
22.10.2024
With self-custody and third-party custodians becoming hot topics within the crypto community, the founder of timechainindex.com, an X user known as Sani, recently posted an eye-opening image of onchain data. The snapshot revealed that Coinbase currently holds 11.72% of the total 19.77 million...
A Hero Falls: Bitcoin Community Blasts Michael Saylor’s ‘Paranoid Crypto-Anarchists’ and Self-Custody Remarks
22.10.2024
Microstrategy co-founder Michael Saylor blasted the original bitcoin community stating that crypto-anarchists were paranoid about possible bitcoin seizure events involving the large companies that currently provide crypto custody. Saylor said that they were the ones who could incentivize a seizure...