Bitcoin (BTC) continues to rise, gaining momentum from gold and traditional rate-sensitive assets, as prices reach their highest level since July 15 and analysts predict a potential approval of a bitcoin ETF.
Newly surfaced evidence reveals that Bitcoin pioneer Hal Finney was competing in a 10-mile race while Satoshi Nakamoto was responding to emails and transacting on Bitcoin, further casting doubt on the theory that Finney created Bitcoin.
The market for FTX creditor claims is heating up, with some claims reportedly selling for more than 50 cents on the dollar, indicating increasing value for creditors despite ongoing concerns.
Macroeconomist Lyn Alden believes that preserving the anonymity of Satoshi Nakamoto, the creator of Bitcoin, is beneficial for the cryptocurrency's success, as Bitcoin was designed to be decentralized and independent of the creator's identity. She also dismisses rumors about Nakamoto's affiliation with the NSA and emphasizes that his material contributions are what matter.
Bitcoin's surge to $30,000 has propelled major cryptocurrencies, including altcoins, to soar, with over $65 million worth of shorts liquidated in the past 24 hours, and the approval of spot Bitcoin ETFs expected within the next few months.
Anti-establishment candidate Javier Milei, known for his pro-Bitcoin stance, is trailing in second place in Argentina's presidential election and will face economy minister Sergio Massa in a run-off vote.
Solana (SOL) is expected to experience a significant breakout once it surpasses the resistance of its multi-month accumulation range, according to a top trader, with the potential for a 20% increase once it breaks $32.
Stablecoin issuer Tether plans to publish real-time proof-of-reserves reports by next year, according to its incoming CEO, Paolo Ardoino, with the company already providing daily reserves reports on its website and currently holding $84.15 billion in USDT, the largest stablecoin on the market.
China, India, and Brazil, all members of the BRICS group, have collectively sold off $18.5 billion worth of US Treasuries, indicating a potential economic downturn for China.
The FBI has arrested five Indian nationals for operating an unlicensed business converting cryptocurrency to cash for clients seeking anonymity.
Bitcoin is expected to face selling pressure and potentially move downwards, with resistance between $30,000 and $33,000 proving challenging to break through, unless a Bitcoin exchange-traded fund (ETF) is approved.
A key developer of Bitcoin's Lightning Network stepped down after discovering a critical security vulnerability, emphasizing the need for comprehensive changes to enhance network transparency and security. Meanwhile, adoption of the Lightning Network has continued to grow, with major exchanges like Binance adopting the solution, though a pro-XRP lawyer has criticized it in favor of another protocol on the XRP Ledger.
A total of 45 countries expressed interest in joining BRICS, and six new countries, including Saudi Arabia and Egypt, have been invited to join in 2024, while 39 other countries remain committed to joining as well, as developing nations seek financial independence and alternatives to the US dollar.
This article provides a list of meaty quests in the game Starfield that take players all over the galaxy and offer valuable rewards and experiences.
Institutional crypto trading in North America declined significantly after the March banking crisis, leading to a decrease in transaction volume and a shift towards non-U.S. licensed services for stablecoin inflows.
The potential approval of a bitcoin spot ETF has garnered significant attention, and this article explains the process of how an ETF is created, who approves it, and why the lack of a bitcoin spot ETF has been a point of controversy.
The total value of assets locked (TVL) on the Solana blockchain has reached a new yearly high of approximately $350 million, driven by Solana's impressive price performance and 12.2% growth in the last 24 hours, outperforming other top chains like BSC Chain and Ethereum.
XRP is expected to rally significantly based on the Elliott Wave pattern, with projected price targets of $5.8563 for Wave 3 and potential extensions up to $18.22 or $13, indicating possible increases of 3,426% or 2,415% respectively. However, investors should conduct their own research before making any investment decisions, as these projections are speculative and not financial advice.
Scammers are increasingly using Bitcoin ATMs to exploit victims, prompting lawmakers in California to introduce regulations limiting transactions and fees, as well as requiring licensing for digital financial asset businesses.
Solana (SOL) is considered the best altcoin play for the next bull run, according to venture capitalist Chris Burniske, who compares SOL's non-consensus status to Ethereum's in 2018 and predicts a potential surge in investor interest.
Uniswap founder Hayden Adams burns 99.9% of his HayCoin holdings, causing the token's value to surge to over $4 million, in response to the recent surge in trading activities and speculations within the crypto community.
Lawyer and cryptocurrency supporter John Deaton has criticized the Lightning Network, stating that the "Spend The Bits" protocol on the XRP Ledger is more effective and secure for Bitcoin transactions. Concerns about alleged backdoors in the Lightning Network's code have raised questions about its security and trustworthiness.
Best-selling finance author Robert Kiyosaki predicts that Bitcoin will skyrocket to $135,000 after surpassing the $30,000 psychological level, and advises individuals to accumulate hard assets like gold, silver, and Bitcoin to protect against inflation.
The DeFi Education Fund has filed an amicus brief to the U.S. Court of Appeals, advocating for the consideration of blockchain technology's unique aspects in protecting the privacy rights of cryptocurrency users under the Fourth Amendment, as part of a fight against the Internal Revenue Service's access to user transaction history on platforms like Coinbase.
Upcoming first-person shooter game Deadrop adds high-speed car battles to its latest update, Snapshot VII, announced during a live event hosted by the game developers Midnight Society in Las Vegas.
The Lightning Network, a popular scalability solution for Bitcoin, is facing security vulnerabilities that could require foundational changes in Bitcoin's base layer, according to open-source Bitcoin and Lightning developer Antoine Riard, who has halted his involvement with the Lightning Network's development.
JP Morgan Chase is being sued for terminating accounts and failing to return over a million dollars to customers who purchased certificates of deposit.
Bitcoin SV (BSV) surged nearly 60% this week after the launch of a new futures listing on Binance, reaching a trading price of $54.02, but remains significantly below its all-time high and is a controversial project led by Craig Wright, who claims to be Bitcoin's creator Satoshi Nakamoto.
Grayscale Investments files for a new spot Bitcoin ETF, while Gemini, Genesis, and Digital Currency Group face a lawsuit for alleged investor fraud; FTX's former engineering director pleads guilty to fraud charges; Binance announces the closure of its European Visa debit card services in December; Elon Musk and Mark Cuban team up to raise concerns about the SEC's approach to internal proceedings; and Bitcoin reaches a two-month high.
During the week of Oct. 16, the top stories on The Defiant include the absence of crypto in Marc Andreessen's essay, Uniswap introducing swap fees, the hacking of Fantom Foundation wallets, a lawsuit against Consensys founder Joe Lubin, and more.
The U.S. SEC has dropped its charges against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen, leading Ripple to describe it as a "stunning capitulation" by the government and highlighting the regulatory confusion created by the SEC's actions.
Security researcher and developer Antoine Riard is stepping down from Lightning Network's development due to security issues and fundamental challenges faced by the Bitcoin ecosystem, including a new class of replacement cycling attacks that puts Lightning in a perilous position.
The U.S. Treasury Department is urging financial institutions to actively combat potential funding for Hamas, as the Palestinian Islamist group has been found to use illicit financial networks, including both fiat and crypto payment streams, to fund its operations. Israel has recently taken actions to close Binance accounts and seize cryptocurrencies in an effort to cut funding to Hamas.
Binance is discontinuing its crypto-powered Visa debit card in Europe, prompting customers to transition to Binance Pay.
Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply to combat price speculation and avoid association with the token, resulting in a significant increase in its value, but raising concerns about potential tax implications.
Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply due to concerns over price speculation and removed the majority of tokens from circulation.
While Elon Musk is a promoter of cryptocurrencies, Bill Gates warns people to be cautious about investing in Bitcoin due to its volatility and potential risks.
Bitcoin Cash (BCH) could potentially increase by 25% from its current value, according to crypto trader Altcoin Sherpa, who also mentions positive outlooks for Rollbit (RLB) and Unibot (UNIBOT).
Charles Hoskinson, the founder of Cardano, declined an invitation to a Web Summit due to concerns about the increasing politicization of technology conferences and believes they should focus on innovation and collaboration rather than making political statements. Meanwhile, the AXO Decentralized Exchange (DEX) launched its public testnet on the Cardano network, and Cardano's ADA token saw a 3.3% price increase.
Patricia, a Nigerian cryptocurrency exchange, is offering customers the option to convert their owed funds into Patricia shares as part of its fundraising and debt reorganization strategy, with the shares being managed by a trusted third party to ensure transparency. However, some users are unhappy and demanding their money after a video circulated of users at Patricia's office, although CEO Fejiro Hanu clarified that the office shown in the video is an innovation hub and not where Patricia operates from. The company plans to relaunch its app and redeem customer balances in batches once it reopens.
The trial of FTX founder Sam Bankman-Fried has reached its halfway point, featuring incriminating evidence, emotional testimonies, and odd tales, with key moments including the testimony of Caroline Ellison, the request for a higher dose of Adderall for Bankman-Fried's ability to testify, the revelation of code that allowed Alameda Research to have an infinite line of credit, an unpublished press release about shutting down Alameda, creative accounting methods used on Alameda's balance sheets, emotional testimony from FTX's head of engineering, considerations of emergency funding from Saudi Crown Prince Mohammed bin Salman, the bankruptcy of BlockFi due to Alameda, and a forensic accountant painting a picture of where misappropriated customer funds went, with the trial far from over as the defense and additional key individuals have yet to testify.
Crypto trader Tone Vays predicts that Bitcoin will not reach $32,000 and expects a pullback, while also suggesting Ethereum will experience further downside and Litecoin will decline by 80% based on historical price patterns after halving events.
Bitcoin thief Jimmy Zhong, who stole cryptocurrency from the original Silk Road, led a lavish but isolated life before being caught, revealing a tragic dimension to one of the earliest and largest crypto crimes.
Crypto is becoming less of a hot-button issue as public interest wanes, allowing for positive market activity and price growth.
Crypto analyst DonAlt has re-entered the market with a long position on Bitcoin, buying in at $27,000, while fellow analyst Credible Crypto is also bullish on Bitcoin, stating that the cryptocurrency has "launched" and could see significant gains if it stays above $28,600.
Former associates of Sam Bankman-Fried, including Caroline Ellison, Gary Wang, and Nishad Singh, have turned against him and are testifying in his trial, providing damning details about the alleged fraud orchestrated by the former FTX CEO, which could result in a life sentence if convicted.
Shiba Inu's price has gained 3% this week, but on-chain indicators suggest that the memecoin may face challenges due to high supply on exchanges, low network traction, and the inability to clear a resistance level, potentially leading to a bearish price reversal.
FTX users are being targeted in a withdrawal scam, with deceptive emails falsely offering an exclusive chance for immediate asset withdrawals without waiting periods or legal proceedings.
Republican Representative Tom Emmer, who is known for his support of digital assets, is pursuing a nomination to become Speaker of the United States House of Representatives, receiving endorsements from multiple lawmakers and potentially bringing positive changes for the crypto sector if elected.
Customers at Wells Fargo have reported erroneous withdrawals from their accounts, prompting the bank to attribute the issue to a technical glitch and assure that charges and fees will be reversed.