Bitcoin surged to $35,000 this week on hopes of a spot Bitcoin ETF approval and a flight to safety, with Stephan Livera predicting a massive bull run that will peak at around $500,000.
Hardware wallet firm Ledger is launching its cloud-based private key recovery solution, Ledger Recover, which allows users to back up their Secret Recovery Phrase (SRP) for a fee, providing an optional recovery service for users who want to safeguard their crypto assets in case their SRP is lost or destroyed, with identity verification required but collecting less information than KYC checks.
Blockchain security firm Nym Technologies has launched a $300 million funding program, the Nym Innovation Fund, to support open-source projects building security-focused infrastructure for Web3.
Shares of CleanSpark Inc (CLSK) are trading higher after Bitcoin reached $35,000 for the first time since 2022, indicating increased demand for mining services and potentially benefiting CleanSpark's business.
ARK Invest, Cathie Wood's investment firm, has sold $2.5 million worth of Grayscale Bitcoin Trust shares, taking advantage of the surge in bitcoin's price, while also selling Coinbase shares and buying Robinhood shares.
Archax, a U.K.-regulated cryptocurrency exchange and crypto custody service, plans to launch an exchange for tokenized assets targeted at professional investors and institutions, as it believes that all real-world assets and traditional financial instruments are moving on-chain.
Bitcoin and Ethereum traded higher, with Bitcoin reaching $34,376 and Ethereum reaching $1,828, while Mina had the highest gain of 102.5% and PAX Gold had the biggest drop of 0.7% in the past 24 hours in the crypto market.
MicroStrategy, the company with the largest Bitcoin holding, saw its unrealized gains on BTC investment reach nearly $1 billion as its stocks surged by almost 9%.
Minnesota Republican Rep. Tom Emmer's candidacy for House speaker has given the beleaguered cryptocurrency lobby renewed hope as he is a long-standing advocate for the industry and has the potential to bring legitimacy and support to the crypto community.
Autodesk, a multinational software company, has implemented a hybrid-centric approach called Flex Forward that allows managers to decide when or if employees need to come into the office, resulting in lower attrition rates and increased job postings views for the company.
Bitcoin and other major cryptocurrencies have experienced a surge in prices as BlackRock and JPMorgan lay the groundwork for the next bitcoin bull run, with analysts suggesting that the crypto winter may finally be over and a "huge shift" in the market may be on the horizon.
Bitcoin's value reaches its highest point since May last year, surpassing $34,000 and resulting in over $310 million in liquidated short positions, while Ethereum also experiences a significant increase and the overall market capitalization of digital assets surpasses $1.3 trillion, sparking optimism about the potential launch of a spot Bitcoin ETF.
Investment firm ARK has sold Grayscale Bitcoin Trust (GBTC) shares from its ARK Next Generation Internet ETF, potentially in anticipation of a spot Bitcoin exchange-traded fund (ETF) approval by the United States Securities and Exchange Commission (SEC).
Solana (SOL) and Chainlink (LINK) are predicted to be top performers in the next bull cycle based on recent rallies, while a bullish ETH/BTC chart suggests that Ethereum will likely outperform Bitcoin.
Marinade Finance, the largest DeFi protocol on the Solana blockchain, has blocked users from the UK due to compliance concerns with the UK Finance Conduct Authority, affecting its 75,000 users and $265 million in total locked value.
Coinbase has denied rumors of a $5,000-per-week limit on Bitcoin withdrawals, with a spokesperson stating that these claims were inaccurate.
Institutional investors are eager to buy bitcoin as optimism grows for the approval of a spot exchange-traded fund, with the cryptocurrency reaching a 17-month high of $35,000; however, retail investor interest has declined while open interest on the Chicago Mercantile Exchange has surpassed 100,000 bitcoin ($3.4 billion) for the first time.
The Pepe memecoin experiences a surge of 31% following a token burn, reaching a two-month high amid increased trading volume.
The outflow of assets from crypto exchanges, particularly from Binance, crypto.com, and OKX, suggests that traders are securing their assets and expecting a price increase, while the rise in the total crypto market cap, driven by speculation on a spot Bitcoin exchange-traded fund launch, indicates renewed bullish sentiment in the market.
A team of hackers called Unciphered has developed a technique to crack a specific model of encrypted USB thumb drive known as an IronKey S200, potentially unlocking a Swiss bank vault containing 7,002 bitcoins worth close to $235 million; however, the owner of the IronKey, Stefan Thomas, who has lost the password, has declined their help and is working with other teams.
Crypto venture firms have pledged over $300 million to privacy tech maker Nym Technologies through its Innovation Fund, which aims to support crypto builders, developers, and communities focused on prioritizing user anonymity during financial activities.
NASD Inc., the company behind Noble, has raised $3.3 million in a seed round led by Polychain Capital, to further develop its asset issuance chain for communication between blockchains, with Circle Ventures, Borderless Capital, and Wintermute Ventures also participating in the funding round.
Binance challenges the U.S. Commodity Futures Trading Commission's attempt to regulate cryptocurrency activities, arguing that the CFTC is exceeding its authority and trying to control global derivatives trading.
Long-time Bitcoin bull Cathie Wood sold almost $5.8 million worth of Coinbase and Grayscale Bitcoin Trust shares as the leading cryptocurrency surged by over 10%, amidst anticipation for a Bitcoin ETF and a U.S. Court of Appeals decision to revisit Grayscale's spot Bitcoin ETF application.
Meme coins experience a surge in trading and gas fees spike as bitcoin leads a market recovery, signaling a risk-on sentiment among traders.
A prominent user on Friend.Tech, a social app built on Ethereum, sold 176 keys for $1.5 million before transitioning to New Bitcoin City, a similar app on Bitcoin, as the emerging platform gains popularity among wealthy bitcoin holders.
Bitcoin surged to its highest levels since May 2022, reaching $35,198, as excitement over the potential launch of a Bitcoin spot price ETF in the United States grew, with public Bitcoin ETFs globally seeing significant inflows over a 24-hour period.
Bitcoin prices surge to an 18-month high as hype around a potential spot exchange-traded fund (ETF) approval grows, with analysts drawing comparisons to the post-approval surge in gold prices and predicting a potential rise to over $120,000 if Bitcoin follows a similar trajectory.
Coinbase dismisses rumors of implementing a $5,000-per-week Bitcoin withdrawal limit, stating that the claims are inaccurate and that no such policy exists.
Former FTX CEO Sam Bankman-Fried plans to present a financial expert witness, Joseph Pimbley, to counter testimonies from Caroline Ellison, Gary Wang, Nishad Singh, and Adam Yedidia regarding the financial ties between FTX and the trading firm Alameda Research. Pimbley's testimony will establish a timeline for the line of credit and provide context to the executives' testimonies.
The developers of the Safereum project allegedly conducted an exit scam by selling over 700 ETH worth of its native token, causing the price of SAFEREUM to plummet over 90%.
Cathie Wood's Ark Invest sold shares of Coinbase and Grayscale Bitcoin Trust, while also making trades with Moderna, NVIDIA, and Robinhood.
The Nasdaq Composite gained over 30 points, while the Dow dipped by 0.58%, and the S&P 500 fell by 0.17% as U.S. stocks showed mixed performance. Retail traders and investors focused on stocks such as Marathon Digital Holdings, Riot Blockchain, MicroStrategy Incorporated, Coinbase Global, and Tesla, with their performance influenced by the positive momentum in Bitcoin.
Bitcoin investment products received 84% of inflows, totaling $55.3 million, as the anticipation of a spot Bitcoin exchange-traded fund (ETF) prompted further investments for the fourth consecutive week, according to CoinShares' weekly fund flows report.
Bitcoin surged 14% to reach a 2-1/2 year high of $34,283 amid speculation that the U.S. may approve a bitcoin exchange-traded fund.
The decentralized oracle service Chainlink (LINK) is predicted to experience a significant upward price movement according to crypto analyst Altcoin Sherpa, who suggests that it is one of the best projects in the industry; however, it is still uncertain if an "altseason" is imminent, with attention being placed on Ethereum versus Bitcoin and Bitcoin dominance.
Bitcoin surpasses $34,000, reaching a record high for 2023, as anticipation over the approval of Bitcoin spot ETF applications by the SEC grows, leading to significant liquidation and bullish market sentiment.
Chainlink's LINK token reached a 17-month high, but investors are starting to take profits amidst signs of a potential market breather, with exchange deposits increasing and a large trader depositing and withdrawing millions of dollars worth of LINK tokens.
Bitcoin's price surpasses $31,000, driven by excitement over a potential spot Bitcoin ETF launch and increased institutional investor activity.
MicroStrategy's stock is rising as Bitcoin surpasses $30,000, Okta's stock has declined due to a recent data breach, and Morgan Stanley's stock has dropped following a rating cut and uncertainty over the CEO's replacement.
Infamous hacker Denis Tokarenko, also known as Denis Katana, allegedly assisted a Russian organized crime group in using Bitcoin for money laundering, according to a judge in Spain, shedding light on his involvement as the "Bitcoin czar" mentioned in the Pandora Papers leak.
Bitcoin (BTC) has seen an 87% increase in value this year, but the rising tide of the cryptocurrency market has resulted in even greater gains for public stocks of crypto companies, such as Grayscale Bitcoin Trust (GBTC), MicroStrategy (MSTR), Coinbase (COIN), and public Bitcoin mining firms.
XRP price is rebounding and has risen nearly 8% in the past week, with the potential for further bullish movement in November as Ripple and the SEC are expected to settle their lawsuit.
The United States Court of Appeal has issued a mandate requiring Grayscale Investment's application for a Bitcoin exchange-traded fund (ETF) to be reviewed by the SEC, following the court's ruling and the SEC's failure to appeal.
Lawyers representing some creditors of defunct cryptocurrency exchange FTX are trying to secure a deal that would pay investors up to 90% of the remaining assets, with the approval rate of 75% required by December 1st and a goal to clear bankruptcy by July 2024.
Major financial regulators have issued new guidelines for decentralized assets, including proposals for assessing the suitability of management members in crypto firms, obliging banks to disclose data on exposures to crypto assets, designating cryptocurrency mixing as an area of money laundering concern, and imposing restrictions on digital currency products. Additionally, FTX's former general counsel testified in Sam Bankman-Fried's trial about the exchange's commingling of funds with Alameda Research, and Pennsylvania has removed a two-year mining moratorium from a bill regulating crypto mining. Furthermore, Gemini, Genesis, and Digital Currency Group are accused of defrauding investors through the Gemini Earn investment program.
The price of Bitcoin has crossed the $31,000 mark for the first time since July, driven by optimism surrounding a potential spot ETF and other positive developments in the cryptocurrency market.
Scammers are taking advantage of the Israel-Hamas war by impersonating legitimate charities and soliciting donations through dubious cryptocurrency wallet addresses and fraudulent websites. Researchers have identified over 500 scam emails and warned users to exercise caution when donating.
Cryptocurrency derivatives traders experienced over $150 million in liquidations as soaring digital asset prices led to unexpected losses, with the majority of the positions being leveraged shorts. Bitcoin and ether traders were hit the hardest, followed by Chainlink speculators.
Bitcoin reached a three-month high of $31,087, rising 3.62%, amid investor optimism about the potential approval of a spot bitcoin exchange-traded fund (ETF), leading to gains in cryptocurrency-related companies; this surge also coincides with broader market concerns regarding the risk of Israel's conflict with Hamas escalating into a regional war.