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How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim
21.10.2024
Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redistribution, where early investors gain while non-holders and latecomers are left...
Crypto’s Largest Acquisition: Stripe Acquires Stablecoin Firm Bridge for $1.1B
21.10.2024
Irish-American fintech firm Stripe has marked crypto’s largest acquisition as it acquires stablecoin platform Bridge for $1.1 billion.…
Stripe Acquires Stablecoin Platform Bridge in Record $1.1 Billion Crypto Deal
20.10.2024
Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion transaction, marking the largest acquisition in the crypto industry to date. Techcrunch founder Michael Arrington confirmed the news through a post on X, emphasizing the significance of this milestone deal....
Crypto founders should stop chasing narratives and start creating them
20.10.2024
Founders and entrepreneurs need to stick to their guns if they want to make a difference in the industry
Popular crypto influencer Jaypeg accused of promotional scam
20.10.2024
In an attempt to apologize publicly, the crypto influencer purportedly donated $2,000 to The Turtle Foundation — a conservation charity
Crypto Market’s Unexpected Q4 Developments Revealed in New Institutional Report
20.10.2024
According to a recent joint report by Glassnode and Coinbase Institutional, the fourth quarter of 2024 is marked by an evolving landscape in the crypto markets. Researchers from both entities underscore the significance of these developments, driven by key metrics and trends shaping the broader...
From Giga Chad to Turbo: The 10 Meme Coins Dominating 2024’s Crypto Charts
20.10.2024
Since Jan. 1, bitcoin has climbed over 62% in the last 293 days. Throughout 2024, meme coins have managed to grab the spotlight in terms of market performance, with one clear leader: giga chad (GIGA). This digital asset surged an astonishing 123,929.02% against the dollar since the year kicked off....
$556M in spot Bitcoin ETF inflows signals major shift in investor sentiment
20.10.2024
Bitcoin ETFs see record daily inflows as institutional investors drive adoption and BTC’s ongoing price surge
Tether’s USDT hits record $120B market cap, flashing ‘Uptober’ signal
20.10.2024
The $120 billion USDT market cap could spill into Bitcoin and Ether, ending their seven-month downtrend and saving the “Uptober” narrative
Trump Refers to Polymarket as ‘Poly-Poll’: ‘We’re Doing Really Well’
20.10.2024
Presidential candidate Donald Trump recently acknowledged the existence of the crypto-based prediction market platform Polymarket. In a video posted on Polymarket’s X account, Trump referred to the platform as “a new phenomenon gambling poll,” mistakenly calling...
Crypto trader profits $9M in 3 days, hits 3,000x return on investment
20.10.2024
The unknown crypto trader only invested $3,000 into a new Solana-based memecoin before its price rally
Bollywood Star Linked to Crypto Scam? India Probes Deeper Into Betting Allegations
20.10.2024
Bollywood actress Tamannaah Bhatia is reportedly under investigation by India’s Enforcement Directorate (ED) for her alleged role in promoting the “HPZ Token” platform, which is accused of defrauding investors through cryptocurrency schemes. Authorities are probing her potential...
ETH held in accumulation wallets jumps 65% since the start of 2024
20.10.2024
A crypto analyst highlighted a 65% increase in Ethereum held in accumulation wallets since the start of 2024, arguing that it's no longer just for "tech enthusiasts."
Bitcoin ETFs a Bane for Crypto Startups as VC Deals Drop 20%
20.10.2024
Venture capital (VC) investment in crypto and blockchain startups decreased in the third quarter of 2024. This decline is partly attributed to the growing popularity of bitcoin exchange-traded funds, which offer an alternative way for investors to gain exposure to the crypto sector. U.S.-based...
Bitcoin now has $1T ‘market cap lead’ over ETH amid $68K price
20.10.2024
Bitcoin has surpassed Ethereum’s market capitalisation by over $1 trillion and one crypto analyst pointed out it is a new all-time high "for the spread."
XRP’s Legal Status Unshaken Amid SEC Appeal – Ripple Prepares Counterstrike
20.10.2024
Ripple’s legal chief has reaffirmed that the core ruling declaring XRP not a security remains intact despite the appeal by the U.S. Securities and Exchange Commission (SEC). The regulator’s move challenges several other aspects of the July 2023 ruling regarding XRP. Ripple plans...
‘We’re Heading to 6-Figure Bitcoin’ — What’s Driving This Bold Prediction
20.10.2024
Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like...
Bitcoin $233K forecast, SEC X account hacker arrested, and more: Hodler’s Digest, Oct. 13 – 19
20.10.2024
Bitcoin is technically on track to hit $233,000, according to analytics data based on the RSI, FBI arrests SEC X hacker: Hodlers Digest
Ripple CEO Praises the State of Cryptocurrency Regulation in Brazil
20.10.2024
Brad Garlinghouse, CEO of Ripple, a payments and cryptocurrency service provider, has praised the state of cryptocurrency regulation in Brazil, one of the largest crypto markets in Latam. In an interview with Valor Economico, Garlinghouse highlighted the central bank’s work to make Brazil...
Indicted NYC mayor leaves questionable crypto legacy as controversy mounts
19.10.2024
Before his indictment on criminal charges, NYC Mayor Eric Adams promised to turn the city into a major crypto hub