Bitcoin's Bollinger Bandwidth has hit lows not seen in years, signaling a potential resurgence in volatility for the cryptocurrency.
The U.S. Securities and Exchange Commission (SEC) is exhibiting a change in attitude towards ARK Invest's application for a Bitcoin exchange-traded fund (ETF), engaging in a healthy exchange of information and potentially bringing institutional interest into Bitcoin once approved.
Korean crypto services firm Team Blackbird has partnered with SK Telecom to introduce a crypto wallet that allows users to store tokens and access on-chain analysis tools, aiming to contribute to the flourishing crypto market in South Korea.
The Ripple XRP price has been decreasing since July, dropping below the support level of $0.53, but speculation of a potential Ripple Initial Public Offering (IPO) has sparked interest in whether the price can recover.
According to estimates, if the price of Bitcoin reaches $100,000 in 2025, Satoshi Nakamoto's 1.1 million BTC could be worth $110 billion, potentially making him one of the richest individuals in the world.
The native token of the Sui blockchain, SUI, experienced a significant drop, reaching an all-time low of $0.367 before climbing back up to $0.377, amidst reports of alleged manipulation of the token's supply by the Sui Foundation. The Foundation has refuted these claims, stating that the circulating supply schedule displayed on their website is accurate.
Cryptocurrency exchanges and businesses are being attracted to the UAE, Dubai, and Bahrain due to their progressive regulatory approaches, offering regulatory certainty and clarity for the industry.
SkyBridge Capital founder Anthony Scaramucci predicts that Bitcoin could reach $100,000 within a year after its halving event, while Ethereum could soar to $4,500, and he believes that Algorand could increase by more than 200% in value.
Ether (ETH) has underperformed bitcoin (BTC) this year and this trend is likely to continue as the U.S. Treasury bond market shows signs of dis-inversion, which could have a greater negative impact on ether than bitcoin.
Coinbase's trading volumes in the US have weakened more than expected, falling around 17% sequentially and 52% YoY, which could put its consumer take rate at risk due to increased competition and regulatory challenges, according to a research report by Berenberg.
According to data analytics firm CryptoQuant, the approval of bitcoin spot exchange-traded funds (ETFs) could lead to bitcoin becoming a $900 billion asset and the total crypto market growing by $1 trillion, with the potential inflow from ETFs being larger than that of the Grayscale Bitcoin Trust (GBTC) in the last bull market cycle. This scenario could push bitcoin's price to between $50,000 and $73,000, and historically, for every $1 of fresh money entering the bitcoin market, the market capitalization could increase by $3-$5.
A survey conducted by HKUST's business school revealed that public sentiment towards cryptocurrencies in Hong Kong has declined following the JPEX crypto exchange scandal, with 41% of respondents now preferring not to hold virtual assets, up 12 percentage points from a previous study.
Bank of America reported a 10% increase in profits in the third quarter, but also disclosed $131.6 billion in unrealized losses on its securities.
Darewise Entertainment has raised $3.5 million in token presales for its open-world sci-fi game "Life Beyond," which aims to build a metaverse ecosystem using NFTs and a tokenized digital economy.
The native asset of the decentralized oracle Tellor Tributes (TRB) is expected to give up a significant portion of its recent gains, according to analyst Altcoin Sherpa, who predicts that TRB will fall from its current price of $59.68 to $32; the analyst also suggests that Ethereum competitor Avalanche (AVAX) may rally to the $10.60 level following the return of the Avalanche-based protocol Stars Arena after a security breach.
Former FTX executive testifies about "heinously criminal" activity at the crypto exchange FTX, implicating Sam Bankman-Fried and describing large-scale wrongdoing, lavish spending, and a straw-donor scheme.
Sam Bankman-Fried, the crypto titan involved in FTX's collapse and subsequent arrest, had numerous high-profile meetings and interactions in New York City, including a dinner with Mayor Eric Adams and scheduled meetings with top political figures and investors.
FTX, the defunct crypto exchange, had signed a sponsorship deal with Riot Games worth nearly $100 million to sponsor Riot's League Championship Series (LCS) esports competition, according to documents revealed in the Sam Bankman-Fried legal trial.
Bitcoin outperformed the cryptocurrency market as Ethereum and DeFi tokens experienced declines, with BTC reaching its highest market share since April 2021.
The Fantom Foundation, a rival to Ethereum, has reportedly been hacked, resulting in the loss of approximately $7 million worth of ETH and FTM tokens from its wallets.
Reddit is discontinuing its blockchain-based Community Points feature due to scalability limitations and regulatory challenges, leading to significant drops in the value of associated tokens. Instead, the company plans to focus on more scalable programs, such as the Contributor Program. Community Points will be phased out by November 8th.
Bahamian Prime Minister Philip Davis asked Sam Bankman-Fried to speak with his son about an NFT project, highlighting the close relationship between Davis and the FTX CEO in a country criticized for its lax regulation of crypto companies.
Ohio Representative Jim Jordan, the Republican Party's nominee for Speaker, fell short of securing enough votes to hold the position, leaving North Carolina Representative Patrick McHenry in a temporary role, hindering the progress of crypto-related bills.
South Korea's Financial Supervisory Service (FSS) is developing regulations to supplement the Virtual Asset Users Protection Act, which was passed without a sufficient regulatory framework, and is set to be ready by January.
The US Department of Commerce has expanded export controls on AI semiconductor chips, including a new performance threshold, licensing requirements expansions, and a notification requirement, to restrict China's ability to purchase and manufacture certain high-end chips critical for military advantage.
The U.S. legal system is facing a significant challenge in regulating emerging technologies like blockchain and AI, and if it fails to effectively manage these changes, the country may miss out on the next decade of technology innovation, resulting in a shift of power to courts and state actors for creating laws and regulations surrounding these technologies.
A cryptocurrency exchange-traded fund (ETF) is expected to launch soon, but caution is advised as the market may have already factored in potential gains.
The "major questions doctrine" is a legal precedent meant to limit government overreach in the crypto industry, allowing U.S. courts to determine when federal agencies have overstepped their authority, with Binance and Coinbase using this doctrine in their arguments against the SEC.
Bitcoin is poised for a significant move, with Bloomberg analyst Mike McGlone suggesting that it is more likely to collapse rather than rally, as it remains stuck between its 50- and 100-week moving averages.
Meta is expanding its ability to block data tracking on Instagram, allowing users to review, disconnect, or clear collected information from businesses sharing data with Meta across various apps and websites. Users can now access this feature called "Activity Off-Meta Technologies" in the Accounts Center, and Meta has also announced the ability to transfer photos and videos from Instagram to other services through the platform.
Police body cam footage shows Silk Road hacker James Zhong incriminating himself by revealing a laptop with thousands of Bitcoin (BTC) during an investigation, leading to his arrest and subsequent imprisonment.
The native token of the blockchain built by former Meta employees, SUI, has dropped 9% amid allegations of supply manipulation, although the Sui Foundation denies the claims and asserts that the circulating supply information displayed on their website is accurate.
Reddit is winding down its blockchain-based Community Points program, which rewarded creators and developers, due to difficulties in scaling and the high resources required, as well as regulatory challenges, with the company prioritizing other rewards programs that are easier to scale.
The European Union has adopted new rules that allow tax authorities to share data on individuals' cryptocurrency holdings in an effort to prevent assets from being hidden overseas, with the law covering a variety of digital assets including stablecoins, NFTs, and DeFi tokens.
The market for tokenized assets, including crypto and traditional financial products, could reach $10 trillion by 2030, according to a report by digital asset manager 21.co, as crypto and traditional finance merge through tokenization.
Bitcoin surged on false reports of BlackRock receiving SEC approval for a spot bitcoin ETF, highlighting the potential for significant capital inflows if such an approval were to occur.
BlackRock CEO Larry Fink discusses the growing demand for cryptocurrency and the recent rally in the market, while awaiting SEC approval for a bitcoin spot ETF.
The foundation wallets of the Fantom blockchain have been drained, resulting in losses of hundreds of thousands of dollars on both Ethereum and Fantom, with the stolen funds being transferred to a wallet holding $7 million worth of ether.
Scroll, a layer 2 to Ethereum, has launched its main network, utilizing zero-knowledge technology to enable cheaper and faster transactions on Ethereum and simplify application migration, potentially scaling Ethereum significantly.
Bitcoin mining company Sazmining has opened a new renewable energy facility in Paraguay, powered by the Itaipu Dam, offering low-cost electricity and positioning the country as a potential mining hotspot.
Immutable, an Ethereum layer-2 NFT scaling solution, will delay the vesting of 125 million IMX tokens worth $67 million to July 2024 in order to ensure long-term sustainability, with the tokens to be released on a linear monthly vesting schedule.
The Fantom Foundation, developer of the Fantom network, has allegedly been hacked for over $6.7 million worth of cryptocurrency, with the funds being sent to a scam account labeled "Fake_Phishing188024."
A new fund called Unbroken Chain plans to raise $5 million to trade Ordinals and inscriptions, non-fungible tokens (NFTs) stored on the Bitcoin blockchain, despite controversy over their impact on network congestion and fees.
Bitcoin (BTC) is predicted to reach $128,000 or more by the end of 2025, according to multiple analytics models, with one analyst projecting a two-year target of around $130,000 and suggesting that the area around this price is becoming a magnet due to the long-term bullish outlook.
Sam Bankman-Fried's former employee, Nishad Singh, testified in court about his rocky relationship with Bankman-Fried, feeling humiliated and suicidal as the company collapsed, and Bankman-Fried's excessive spending and reckless financial practices.
Famed whistleblower Edward Snowden warns the crypto community about the potential dangers of a spot-based Bitcoin exchange-traded fund gaining power over the top cryptocurrency, emphasizing the need to maintain the independence and leverage of Bitcoin.
Founder risk, not regulatory risk, is the biggest threat to the blockchain and digital asset industry, and the lack of industry standards around asset custody has led to platforms failing and billions of dollars in client capital being lost.
Cryptocurrency exchange Binance.US has updated its terms of service, indicating that direct withdrawals in USD are no longer supported, and users may need to convert their dollars to stablecoins or other digital assets to withdraw funds.
Web3 workspace and file management application, Fileverse, has raised $1.5 million in a pre-seed round led by Gnosis Chain and Factor, aiming to offer users better ownership over their personal data through decentralized file management and collaboration services.
Bankruptcy courts have taken on the role of accidental regulators in the crypto industry as a result of the lack of established oversight, but their intervention has not been successful in bringing order to the market, highlighting the need for comprehensive regulation in the industry.