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Bitcoin's Inverse Ties With Dollar Index Challenged as U.S. Election Looms
16.10.2024
Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index
Malta-Based Investment Company to Follow Microstrategy’s Bitcoin Playbook
16.10.2024
Samara Asset Group, a Malta-based investment company focused on seeding tech and crypto startups, aims to follow the Microstrategy playbook by announcing a bond whose proceeds will grow its bitcoin portfolio. Co-founded by cryptocurrency proponent Mike Novogratz, the company’s mission is...
Bitcoin dominance hits 3.5-year high as altcoins get left behind
16.10.2024
Bitcoin’s market share neared 60%, hitting its highest level since April 2021, while altcoins saw muted gains in the last 24 hours
Trump’s World Liberty Financial Token Sale Kicks Off: 644M Tokens Sold
16.10.2024
On Tuesday, former President Donald Trump announced on X that the “World Liberty Financial token sale is now live.” He added that “crypto is the future” and urged everyone to adopt “this incredible technology.” At the moment, the price for one WLFI token...
Over 90% of Salvadorans don’t transact with Bitcoin: Survey
16.10.2024
Salvadorans have expressed approval of President Nayib Bukele, but they’ve not exactly warmed to his adoption of Bitcoin as legal tender
Tesla Relocates $760M Worth of Bitcoin, While Spacex Funds Remain Untouched
16.10.2024
On Oct. 15, 2024, Tesla initiated a transaction, transferring 1,800 BTC at precisely 5:03 p.m. EDT at block height 865,811. Following this initial move, the company shifted a grand total of 11,509 BTC, valued at more than $760 million, from its well-known wallets. At this time, it’s...
Indian Police Crush ‘Goldcoat Solar’ Fraud — Binance Aids in Crypto Seizure
16.10.2024
Indian police, with support from crypto exchange Binance, have dismantled a fraudulent scheme run by M/s Goldcoat Solar, which posed as part of a national solar energy initiative. The criminals lured investors by impersonating officials and promising high returns. Multiple arrests were made,...
Analysts Link Bitcoin Rally to Trump’s Election Odds – Microstrategy Gains Set Stage for a Breakout
16.10.2024
Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to Microstrategy’s stock, soaring 191% this year, as a key signal of a looming market breakout. With Trump leading in key swing states,...
Ripple Reveals Exchanges for Stablecoin RLUSD Launch
16.10.2024
Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves, government bonds,...
Bitcoin Surge Looms as US Election Nears — Standard Chartered Predicts BTC Rally to $73,800
16.10.2024
Banking giant Standard Chartered is predicting a sharp rise in bitcoin’s value, with forecasts suggesting it could approach its all-time high of $73,800 as the U.S. presidential election nears. Rising Treasury yields, growing interest in bitcoin ETFs, and Trump’s improving election odds are...
Bitcoin (BTC) Hits $65K: Why $250K Is More Likely Than You Think
16.10.2024
Bitcoin (BTC) surged to new heights today, revisiting levels last seen in July after closing above the critical…
‘We Go Higher Fast’ — Bitwise CIO Predicts Bitcoin Breakout as Investors Fear Being Left Behind
16.10.2024
Bitcoin’s sharp rally has Bitwise CIO Matt Hougan rethinking how fast the crypto could skyrocket, as investors rush to position themselves ahead of the next big surge. “People don’t want to be left behind if and when crypto takes off,” he stressed. “There is a lot of dry powder...
Classic Games Meet Web3: Snake on Solana
16.10.2024
Join Regina as she explores SOL Arena, a new battle royale on the Solana network that combines the simplicity of Snake with the intensity of Web3 competition. Last Week’s Quick Recap Nifty Island is a decentralized metaverse and social platform where players can build, explore, and engage...
Tesla moves entire $765M Bitcoin stash to unknown wallets
16.10.2024
Before the mass transfers, Tesla’s Bitcoin wallet had remained dormant since June 2022
Bitwise CEO Makes Startling Statement on the Symbiosis Between Banks and Cryptocurrency
16.10.2024
Hunter Horsley, co-founder and CEO of Bitwise, a $4 billion crypto fund manager, believes that banks will accelerate the participation of many investors in the cryptocurrency market. Horsley predicted that in 12 months, the stance of many crypto adopters will change, declaring that banks will...
Bitget Wallet Reaches 40 Million Users in Growing Web3 Space
16.10.2024
Bitget Wallet, a non-custodial crypto wallet, has now surpassed 40 million users, achieving more than 100% growth since March 2024. In September alone, the app was downloaded nearly 6 million times, making it the second most downloaded cryptocurrency application globally, just behind Binance....
Is Elon Musk Selling Bitcoin? Tesla Transfers All $760M of Its BTC to Unknown Wallets.
15.10.2024
On-chain data indicates that wallets associated with Elon Musk's electric car company have begun moving funds
Tesla Makes a Surprise Bitcoin Move: $225M in BTC Transferred After 2 Years
15.10.2024
Elon Musk’s Tesla has moved bitcoin (BTC) for the first time in two years, according to onchain data discovered by Arkham Intelligence. The transaction was carried out in three separate batches, transferring a total of around 3,385 BTC—equivalent to approximately $225...
MiCA Spurs Major Shift in Euro Stablecoin Market, Kaiko Analysis Shows
15.10.2024
The European Markets in Crypto-Assets Regulation (MiCA) has made a noticeable impact on the euro stablecoin landscape, according to a fresh report by Kaiko. The research points out that MiCA’s rollout has triggered several delistings and adjustments to offerings on major exchanges. Study:...
Nobel Laureate Joseph Stiglitz Warns of the Dangers of Trump’s Victory for the U.S. Economy
15.10.2024
Joseph Stiglitz has referred to the possible effects of a hypothetical victory by Donald Trump in the upcoming U.S. presidential election. The Nobel laureate specified that Trump’s threats to raise China’s import tariffs and his radical “zero-sum” view of the world could...