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Bitcoin prices have jumped by over 5%, reaching a ten-week peak at $67,800, as demand for the digital asset has climbed steadily. This increased interest comes from spot exchange-traded funds (ETFs) and significant bitcoin accumulation by large investors, commonly known as “whales,” according to research from Cryptoquant.
Mint Blockchain, an Ethereum layer two (L2) network focused on non-fungible token (NFT) advancements, has been awarded 750,000 OP tokens ($1.35 million) in the 28th cycle of Optimism Governance grants. This funding aims to accelerate innovation within the NFT space and onboard new users to the platform.
In the midst of a more optimistic crypto market, both bitcoin and ethereum have enjoyed steady growth, climbing by 3.13% and 3.61%, respectively, over the past week. Additionally, several other digital currencies experienced even more significant increases, with spx6900 (SPX) stealing the spotlight by skyrocketing 107.2%, making it the standout performer of the week.
On Saturday, former President Donald Trump announced that the World Liberty Financial (WLF) token sale will kick off on Tuesday, Oct. 15. In his post on X, Trump described it as a “chance to help shape the future of finance.” He also noted that an X Spaces discussion about the token launch will be aired on Oct. 14.
BTC price eyes sub-$65K hurdles as metric hints Bitcoin 'going to rip'
Bitcoin bulls enjoy more weekend BTC price gains as market cap signals point to a classic bull run comeback.
Bitcoin bulls enjoy more weekend BTC price gains as market cap signals point to a classic bull run comeback.
U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with all 12 funds experiencing outflows totaling $120.76 million. Meanwhile, the nine spot ethereum ETFs saw a different story, pulling in $3.06 million during the trading session.
Dip in trading at Binance and other major crypto exchanges confounds experts
Experts are having trouble explaining why trading is slumping at the same time that Bitcoin prices rise. Are geopolitical tensions to blame.
Experts are having trouble explaining why trading is slumping at the same time that Bitcoin prices rise. Are geopolitical tensions to blame.
Cathie Wood’s ARK Invest dumps $36M of Robinhood stock
ARK’s $36 million Robinhood sale came with the stock price surging more than 100% year-to-date and posting multiyear highs.
ARK’s $36 million Robinhood sale came with the stock price surging more than 100% year-to-date and posting multiyear highs.
Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the regulator’s authority over the sale of digital assets on secondary markets. The lawsuit, filed in the United States District Court for the Eastern District of Texas, alleges that the SEC is unlawfully extending its jurisdiction to include most digital tokens except bitcoin and ether
New York’s financial regulator has a job opening for a Virtual Currency Senior Blockchain Analytics Analyst. The permanent position focuses on preventing financial crimes such as money laundering and fraud by ensuring compliance in the growing virtual currency sector. The role involves using blockchain analytics to monitor risks. Applications are due by Oct. 14.
Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening local currency. Blackrock announced its support for UStb, a new stablecoin from Ethena Labs. The SEC has formally appealed a court ruling in its case against Ripple Labs, citing significant legal errors. Coinbase is optimistic about a strong Q4 for bitcoin, spurred by U.S. rate cuts and Chinese economic stimulus. Lastly, two new meme tokens, MOODENG and Hamster Kombat, have experienced major drops after initial surges.
Two cryptocurrency platforms face allegations of fraud by Washington State’s Department of Financial Institutions. Both companies allegedly lured investors with promises of huge returns, but later blocked withdrawals and demanded extra fees. An investor lost $64,000 to one platform after being asked for a “safety reserve” fee. The platforms are accused of exploiting social media and messaging apps to target victims.
This tap-to-earn Telegram game mocks society’s obsession with status
Telegram-based tap-to-earn game combines satire, strategy and rewards to create a gaming experience that speaks to the spirit of our time.
Telegram-based tap-to-earn game combines satire, strategy and rewards to create a gaming experience that speaks to the spirit of our time.
The Cryptocurrency Open Patent Alliance has partnered with Unified Patents to launch Blockchain Zone, an initiative aimed at combating patent trolls in the crypto industry. The partnership seeks to protect blockchain and related technologies from unwarranted patent assertions by non-practising entities. COPA and Unified Patents believe these “patent trolls” hinder innovation and stifle the growth of the crypto-economy.
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw $242.53 million exit, following a sharp drop in bitcoin’s value. Similarly, the nine spot ethereum ETFs experienced a loss of $48.52 million in the day’s trading.
EigenLayer’s EIGEN cracks top 100 market rank in trading debut
EigenLayer’s native token unlocked at 5:00 am UTC on Oct. 1 and has been trading at just under $4 per token, or around a $6.5 billion fully diluted value.
EigenLayer’s native token unlocked at 5:00 am UTC on Oct. 1 and has been trading at just under $4 per token, or around a $6.5 billion fully diluted value.
A Cyvers report shows that centralized and decentralized digital asset platforms suffered losses of $2.114 billion in the first nine months of 2024, surpassing the total for 2023. Hacks and security breaches account for the majority of these losses, highlighting the need for improved security measures.
6 AI applications already changing the healthcare industry
AI is accelerating scientific breakthroughs and improving research outcomes. Here are eight projects harnessing its power to improve human life quality.
AI is accelerating scientific breakthroughs and improving research outcomes. Here are eight projects harnessing its power to improve human life quality.
According to data from the Central Bank of Brazil, cryptocurrency purchases made abroad have increased sharply this year, surpassing the numbers registered in 2023. These purchases, which are considered imports, have reached $12.37 billion year to date, exceeding the total crypto purchases of 2023. This indicates that exchanges and trading platforms are preparing to meet a huge demand for digital assets.
Global crypto trading competition adds DEX trading for 2024 iteration
Longstanding crypto competition introduces decentralized exchange trading, offering major prizes and highlighting collaboration across the crypto ecosystem.
Longstanding crypto competition introduces decentralized exchange trading, offering major prizes and highlighting collaboration across the crypto ecosystem.
TON blockchain validators prepare for Hamster Kombat coin minting
TON blockchain warns validators to anticipate increased demand as Hamster Kombat expands its user base and introduces HMSTR coin minting.
TON blockchain warns validators to anticipate increased demand as Hamster Kombat expands its user base and introduces HMSTR coin minting.
Telegram Wallet temporarily blocked for UK users due to restructuring
Telegram users in the United States are also restricted from using the platform’s in-app wallet due to financial regulations.
Telegram users in the United States are also restricted from using the platform’s in-app wallet due to financial regulations.
Telegram’s policy shift raises privacy concerns
Other top messaging apps, like WhatsApp and Meta’s Messenger, also share user data with authorities if they receive valid legal requests.
Other top messaging apps, like WhatsApp and Meta’s Messenger, also share user data with authorities if they receive valid legal requests.
China still controls 55% of Bitcoin hashrate despite crypto ban
China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021
China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021