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This Week’s Crypto Gainers and Losers: Meme Tokens Outshine Bitcoin and Ethereum
14.10.2024
In the midst of a more optimistic crypto market, both bitcoin and ethereum have enjoyed steady growth, climbing by 3.13% and 3.61%, respectively, over the past week. Additionally, several other digital currencies experienced even more significant increases, with spx6900 (SPX) stealing the spotlight...
Ethereum Technical Analysis: Bullish Breakout Needed to Reverse Bearish Trend
14.10.2024
As of Oct. 14, 2024, ethereum’s price is $2,541, with a total market cap reaching $305 billion. In the last 24 hours, ETH has swung between $2,436 and $2,555, supported by a trading volume of $14.31 billion. Despite this activity, technical indicators hint at continued bearish momentum, with...
‘Political shift’ drives $407M inflows to crypto products — CoinShares
14.10.2024
According to CoinShares, last week’s increase in crypto investment products was influenced by the upcoming US elections rather than monetary policy outlooks
Liquidity protocol DeFi Edge halts deposits, affecting crypto investors
14.10.2024
The liquidity management app’s team had previously stated that some strategies would be “delisted,” but the new deposit block affects all strategies
Crypto Custodian Copper Appoints Former SEC Advisor Amar Kuchinad as New Global CEO
14.10.2024
Former CEO Dmitry Tokarev will continue as the board's founder director
UAE stablecoin issuer gets nod from central bank
14.10.2024
With Tether waiting in the wings, AED Stablecoin becomes the front-runner to launch the United Arab Emirates’ first regulated dirham-pegged token
Prediction markets rise 565% in Q3, fueled by US elections
14.10.2024
Decentralized prediction markets could offer more accurate predictions for the US elections than traditional polling systems, according to Elon Musk
Decentralized Autonomous Organizations (DAOs): Governance in 2024
14.10.2024
Introduction In 2024, Decentralized Autonomous Organizations (DAOs) continue to reshape the landscape of governance, offering a new model for community-driven […]
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Avalanche-Based ‘Off the Grid’ Tops Epic Games’ Free Game Charts
14.10.2024
Off the Grid has proven popular among battle royale fans, who praise its mechanics and gameplay. Still in its early access stages, Off the Grid reached the top spot in the Epic Games Store and is set to issue GUN, its token, allowing players to use it to build an economy based on NFT items....
Cardano Founder Confirmed for Australia’s Largest Crypto Event of 2024
14.10.2024
The Australian Crypto Convention has today confirmed that Charles Hoskinson, founder of Cardano and an industry leader in…
Crypto Neobank Banq's Bankruptcy Case Dismissed by U.S. Judge
14.10.2024
The filing was dismissed because a U.S. judge who called the application a "bad faith" tactic
Latam Insights Encore: Venezuela Can Grow to Be Latin America’s Crypto Haven
14.10.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the possibility of Venezuela growing to become the top cryptocurrency market in Latam and the key elements that are holding it back from...
Crypto short liquidations breach $100M as Bitcoin reclaims $64K
14.10.2024
Bitcoin has reached its highest price so far in October, surging above $64,000 early on Oct. 14 and liquidating over $52 million from those betting its price would fall
Report: Arkham Intelligence Plans to Roll out Crypto Derivatives Exchange
14.10.2024
According to someone with direct knowledge of the situation, speaking with Bloomberg, Arkham Intelligence, the company behind the multi-blockchain monitoring and parser tool, is gearing up to introduce a crypto derivatives exchange next month. Arkham Is Reportedly Preparing to Launch a Crypto...
An AI bot didn’t create the GOAT crypto token — but did shill it
14.10.2024
An a16z-funded AI bot called Truth Terminal did not launch a memecoin called GOAT, but it did endorse the token and sent it briefly rallying to a value of just over $150 million.
Scientists breach cryptographic algorithms with quantum computer: SCMP
14.10.2024
Researchers said it was the first time a quantum computer “posed a real and substantial threat” to encryption, but multiple limitations still hamper a full-scale hack
Ripple CEO Slams SEC for Ignoring XRP Ruling, Claims Agency Oversteps Legal Authority
14.10.2024
Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing...
Microstrategy Stock MSTR Soars 1,620% — Outshining Bitcoin, S&P 500, and the Magnificent 7
14.10.2024
Microstrategy’s stock, MSTR, has soared 1,620% since the company adopted a bitcoin-centered strategy, far outpacing bitcoin itself, the S&P 500, and tech giants such as Nvidia. The company’s bitcoin holdings now exceed 252,000 BTC. Microstrategy’s executive chairman...
Brazillian Central Bank Invites New Participants to CBDC Pilot Program
14.10.2024
The Brazilian Central Bank is opening the drex CBDC pilot to new entrants, aiming to test more advanced use cases and privacy solutions for the project’s second phase. Thirteen use cases have been confirmed, including carbon credits, agricultural bonds, and foreign trade platforms. Brazilian...
'Bitcoin' search volume drops to a yearly low, while 'memecoin' surges
13.10.2024
Memecoins experienced double-digit gains during September 2024, primarily driven by new token creation on the Solana and Tron networks