Bitcoin and other major cryptocurrencies have experienced a significant surge in price, with analysts predicting that the bitcoin price could reach $150,000 by 2025 and cause market chaos, while the approval of a U.S. bitcoin spot ETF is expected to be a watershed moment for the crypto market.
Major cryptocurrency custody firm BitGo has obtained a cryptocurrency license from the German Federal Financial Supervisory Authority, securing its presence in the European market.
The Bitcoin bull run is expected to continue based on the crossing of bitcoin's 14-week relative strength index (RSI) above 70, indicating strong bullish momentum similar to previous bull runs in 2019 and 2020.
CryptoKicks, a UK-based shoe resale business founded by a 13-year-old entrepreneur, offers a 10% discount to customers who buy sneakers with cryptocurrency, aiming to onboard new users into the blockchain space.
MicroStrategy's strategy of buying Bitcoin is being called into question as the potential approval of exchange-traded funds (ETFs) holding Bitcoin could eliminate the premium on the company's shares and cause its price to decline.
FTX and Alameda Research have sent over $13 million worth of altcoins to various crypto exchanges, following a court-ordered liquidation process that allows FTX to sell almost $3.4 billion in crypto assets weekly.
Bitcoin is emerging as a safe haven asset as investors lose confidence in U.S. Treasury bonds amid the Israel-Hamas conflict and rising interest rate risks.
Crypto whales have transferred hundreds of millions of dollars' worth of Ethereum (ETH), Shiba Inu (SHIB), XRP, and Solana (SOL) in multiple transactions within hours, with the largest transfers being 150,000 ETH ($269.8 million) and 4.5 trillion SHIB ($36 million).
Turkey is drafting new regulations for crypto assets in order to be removed from the Financial Action Task Force's grey list, with the country's finance minister stating that crypto assets are the only outstanding compliance issue.
The latest developments in the cryptocurrency market suggest that the crypto winter may be coming to an end, with Morgan Stanley stating that the bearish market is ending, potentially influencing cryptocurrencies like Dogecoin (DOGE), Fetch.ai (FET), and Everlodge (ELDG), with Dogecoin experiencing a price increase and bullish predictions, Fetch.ai benefiting from AI and blockchain integration, and Everlodge offering a unique concept of fractional ownership in real estate.
Turkey is preparing new legislation on crypto-assets in an effort to be removed from the Financial Action Task Force's "grey list" of countries with insufficient measures against money laundering and terrorist financing.
Bitcoin achieved its highest monthly close since May 2022 with a nearly 30% price increase in October, fueling hopes for a continued bull market, although some indicators suggest a potential slowdown in bullish momentum.
Market makers' recent positioning in the options market suggests that Bitcoin could experience significant price gains once it surpasses $36,000, as the demand for higher strike price call options has increased, potentially leading to a "gamma squeeze" and an accelerated rally in BTC's price.
Major cryptocurrencies had a mixed performance on Tuesday as investors showed optimism for the potential approval of Bitcoin exchange-traded funds (ETFs) in the United States.
Amir Bruno Elmaani, founder of the cryptocurrency scheme Oyster Protocol, has been sentenced to four years in prison for tax evasion after admitting to minting and selling tokens without paying income tax on the profits, causing tax losses of over $5.5 million. Elmaani spent millions on luxury items and did not report or pay tax on his cryptocurrency proceeds.
Invesco and Galaxy's spot Bitcoin ETF, BTCO, has appeared on the Depository Trust and Clearing Corporation's website, although its addition to the list does not imply imminent approval.
The United States Commodities Futures Trading Commission (CFTC) has paid $16 million in rewards to whistleblowers this year, with the majority of tips relating to cryptocurrency, according to CFTC Commissioner Christy Goldsmith Romero, who emphasized the importance of whistleblowers in protecting customers and markets from fraud and illegality.
The fervor surrounding the potential approval of a United States-based spot Bitcoin ETF is reaching a crescendo, with the SEC estimated to have a 90% chance of approving it by January 10, 2024, which could potentially propel Bitcoin's price to $150,000 and lead to a new era of institutional involvement and mainstream adoption.
The Government Accountability Office (GAO) has determined that the SEC's Staff Accounting Bulletin 121 should be subject to congressional review, which is seen as a win for the crypto community and a statement that the SEC broke the law.
FTX founder Sam Bankman-Fried's criminal fraud trial is nearing its end, as the defense and prosecution rested their cases, and the judge discussed jury instructions; if convicted on all charges, Bankman-Fried faces potential decades in prison.
Bernstein predicts that Bitcoin's price could reach $150,000 by 2025, driven by potential approval of a Bitcoin exchange-traded fund (ETF) and the upcoming halving event in 2024.
OpenAI has quietly rolled out an update to ChatGPT Plus that allows users to upload PDFs and other files to the chatbot, raising concerns that AI PDF reader startups may be threatened.
Bitcoin (BTC) saw its strongest monthly rally since January, surging 27% in October, as positive sentiment, panic buying, and hopes for the approval of Bitcoin ETFs fueled the crypto rally, with analysts suggesting that BTC could target $40,000 in the coming weeks.
Bitcoin price surged by 26.5% in October, hitting one-year highs in several indicators, but it still remains significantly below its all-time high, suggesting that its adoption as an alternative hedge is still in its early stages.
President Joe Biden has signed an Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence, recognizing the potential benefits and dangers of AI and emphasizing responsible use, though facing challenges in implementation and criticism from some stakeholders.
Ethereum (ETH) is poised for a significant price increase as it enters a new trading range, according to a crypto analyst who accurately predicted the top of Bitcoin's 2021 bull market, while also predicting that Bitcoin will continue to rally as long as it remains above a key price range. Additionally, the analyst expects a consolidation period for the artificial intelligence altcoin Fetch.AI (FET) before a move towards the $0.496 range high.
Bitcoin is forming a bullish pattern on the four-hour chart, which could lead to a breakout and a potential 10% rally, according to crypto trader Tone Vays.
The Bitcoin white paper, released on Oct. 31, 2008, marks its 15th anniversary today and remains a testament to the enduring importance of a decentralized future and the impact of Satoshi Nakamoto's vision for a currency free from government control.
Crypto community Galxe has announced the launch of Galxe AI, an interactive assistant powered by OpenAI's GPT-3.5 turbo, to help users navigate Web3 projects and provide a convenient model for businesses to connect with crypto investors and professionals.
The Government Accountability Office (GAO) has determined that the SEC exceeded its authority by issuing the controversial "Staff Accounting Bulletin 121," and Congress should have had the opportunity to review it as a formal rule, according to a report from the GAO. The bulletin, which affects crypto investors' ability to find safe harbors for their assets, is currently considered nonbinding SEC policy, but the GAO's finding may require it to be submitted for congressional review.
SEC Chair Gary Gensler wishes Bitcoin a happy birthday and urges crypto companies to comply with securities laws while cracking down on the digital asset industry for allegedly selling unregistered securities.
Bitcoin and gold are showing simultaneous rallies, suggesting that investors may be fearing another financial crisis and hedging against counterparty risk.
Solana Labs has launched GameShift, a platform that simplifies blockchain development for game creators by handling the complexity behind the scenes and allowing developers to focus on game creation.
U.S. District Judge Lewis Kaplan has excluded an excerpt from Michael Lewis' book about FTX founder Sam Bankman-Fried, stating that it contains prejudicial hearsay, shielding the jury from hearing it during the trial. Bankman-Fried is facing fraud, conspiracy, and money laundering charges related to his defunct trading firm Alameda Research and bankrupt exchange FTX.
USDC issuer Circle Internet Financial is discontinuing support for individual accounts to mint stablecoins, but retail users can still access USDC through brokerages, crypto exchanges, and digital asset wallet services.
Backpack, a Solana-based NFT wallet app, has received a Virtual Asset Service Provider license from VARA and will launch a regulated cryptocurrency exchange called Backpack Exchange to prioritize investor protection and risk assurance.
Cardano's recent partnership deal with the Institute of Blockchain Singapore (IBS) could bolster network activity and potentially drive the price of ADA above $0.30, as indicated by the high level of network activity and the acquisition of 80 million coins by whales.
Bitcoin is predicted to surge 337% to reach $150,000 by mid-2025, driven by factors such as the upcoming halving and the potential approval of spot bitcoin ETFs, according to analysts at Bernstein.
Bitcoin's price has faced resistance at $35,000, but a lawyer believes that the first spot BTC exchange-traded fund (ETF) could be approved in the next few days, potentially leading to a listing of a spot BTC ETF on U.S. markets before the end of 2023.
Despite the challenges and uncertainty in the NFT market, artists can still thrive by building personal connections with collectors, maintaining ownership of their brands, nurturing artist-collector communities, being creative with promoting their work, embracing traditional distribution methods, and addressing the negative reputation associated with NFTs.
Crypto users of the LastPass password manager have reportedly lost millions of dollars to threat actors as a result of a recent hack, with more than 25 victims compromised and over $4.4 million drained on October 25, 2023 alone.
Ripple has extended its final escrow deadline to April 2027, as the company's recurrent relocks of significant portions of each monthly XRP release have resulted in this extension.
Cryptocurrency exchange FTX's founder, Sam Bankman-Fried, repeatedly claimed not to remember details and contradicted himself during his fraud trial, where he faces charges of defrauding customers and investors and conspiracy to commit money laundering.
The US Department of Justice (DOJ), one of the world's largest Bitcoin whales, has missed out on over $6 billion in potential gains from selling off its confiscated BTC.
Bitcoin's price has dipped by 1.5% but altcoins like XRP, Toncoin, and Solana are experiencing significant gains, while meme coins like Shiba Inu and Dogecoin are down.
Sam Bankman-Fried, the founder of FTX crypto exchange, struggled to answer questions in his fraud trial regarding an alleged $8 billion hole in the balance sheet, with prosecutors questioning his relationship with Bahamian regulators and the improper use of customer funds.
Modular blockchain Celestia has launched its mainnet beta, aiming to solve scalability and stability issues with monolithic blockchains like Ethereum and Solana by using specific channels for speed and execution, and data availability sampling (DAS) to increase data transfer speed.
The Ethereum layer-2 ecosystem is expected to continue evolving with various technological approaches, including EVM rollups, sidechains, zkSync, and more, as different projects drive scaling technology for the ecosystem, according to co-founder Vitalik Buterin.
Dogecoin and Shiba Inu have experienced significant gains in the meme coin market, but AI ChatGPT predicts a close race between the two in 2024, with Dogecoin having an advantage due to its established community and brand, while Shiba Inu's ambitious development plans could give it an edge. Additionally, ChatGPT believes that Meme Kombat, a new meme coin with a unique gaming ecosystem, could see price growth in 2024, reaching $1-$3 by the end of the year if it can build its platform and maintain investor hype.
Satoshi Nakamoto registered the bitcoin.org domain name in 2008 and hard-coded the entire Bitcoin project by October 31st of the same year, presenting it as a utilitarian and peer-to-peer currency system with no central issuer, but with the value determined by its users.