Bitcoin taps $50K for first time in one month amid heavy BTC price volatility

Bitcoin (BTC) hit $50,000 for the first time in a month on Oct. 5 as a triumphant return to form continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC’s price hits one-month high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD adding another 5% Tuesday to briefly return to the psychologically significant price point. The …

Canadian Bitcoin mining firm Link Global faces $5.6M penalty

Link Global Technologies, a Bitcoin (BTC) mining company listed on the Canadian Securities Exchange, is facing major potential penalties for operating unauthorized power plants in the province of Alberta. The Alberta Utilities Commission (AUC), the province’s power utility regulator, issued on Sept. 24 another enforcement submission against Link Global, with enforcement staff recommending several penalties …

5 Best Cryptocurrency To Buy On Low Prices October 2021 Week 2

The cryptocurrency market has had a strong 24 hours. Starting yesterday at around $2.1 trillion, its total value has lifted to $2.2 trillion, a rise of just over 4%. While bitcoin (BTC) has been leading the charge, most of the biggest gainers are lower cost altcoins. Consequently, we’ve compiled a list of the 5 best …

All systems go as Columbus-5 launches on Terra (LUNA) without a hitch

Twitter user @Bitcoin_Sage confirmed Terra’s Columbus-5 upgrade is operating as it should, following its first “stresstest” in minting Galactic Punks NFTs. “Columbus-5 succesfully [sic] passed its first real ‘stresstest’ during the galactic punks minting. 1000 tx in a block, without any hiccups. A major milestone for all LUNAtics.” A strong 2021 has seen 6,500% YTD …

Shiba Inu trades worth $15 million liquidated as SHIB pumps 70%

‘Dogenations’ campaign wants to raise Shiba Inu-inspired Dogecoin for homeless animals PAWS Chicago, a non-profit animal shelter organization dedicated to building no-kill animal communities, recently launched “Dogenations” and started accepting Dogecoin (DOGE),  Bitcoin (BTC), Ethereum (ETH), and 36 other cryptocurrencies for donations. 2 min read → Go to Source

Altcoin exchange Kucoin to cease China operations amid regulatory woes

It appears centralized exchanges are the most affected in China’s new ban on crypto trading as another exchange, KuCoin, has advised its China’s mainland users to move their digital assets to another platform before the end of the year. Kucoin tells Chinese users to use other platforms KuCoin, which is one of the world’s largest …

Nigerian Court Paves Way for CBDC Rollout, Suggests ‘Plaintiff May Be Adequately Compensated’

The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN), has ruled that Central Bank Digital Currency (CBDC) “may proceed on national interest” considerations. The ruling clears a crucial legal hurdle for CBN’s yet to be rolled out digital currency. CBN’s Alleged Trademark Infringement …

Bitwage Raises $1.5 Million in Latest Funding Round

Bitwage, the pioneer cryptocurrency-based payroll and invoicing company, has raised $1.5 million in its latest funding round. The funding round had participation from Draper Associates and Max Keiser’s Heisenberg Capital, using Bnktothefuture, a platform designed for making online investments. Bitwage will use these funds to extend its functionalities, now that it is facing competition from …

Esports Organization TSM FTX Partners With Solana and Serum-Powered NFT Game Aurory

On October 1, the global esports firm TSM FTX announced the launch of the organization’s first-ever non-fungible token (NFT) collection in partnership with the Solana blockchain-based NFT game Aurory. TSM FTX Collaborates With Solana and Serum-Powered Blockchain Game Aurory During the first week of June, FTX Trading Limited, revealed the crypto company inked a naming …

Vulcan Forged Lists on AscendEX

press release PRESS RELEASE. Global cryptocurrency financial platform, AscendEX is proud to announce the listing of the Vulcan Forged token (PYR) under the trading pair USDT/PYR on Oct. 5 at 1 p.m. UTC. To celebrate the listing, AscendEX and the PYR team will launch several limited-time promotional events, offering users a chance to share pooled …

Bitcoin Forming Bullish Continuation Pattern As Two Altcoins Flash Signs of Strength: Crypto Analyst

A widely followed crypto trader and analyst says he expects Bitcoin to continue rallying while predicting surges in two emerging altcoins.  The crypto analyst known as Pentoshi tells his 294,400 Twitter followers that Bitcoin is forming a bullish pattern, suggesting that BTC is on the verge of another leg up.  ADVERTISEMENT   “BTC kinda looks …

Bitcoin beats stocks, commodities to best performing asset of 2021

Bitcoin (BTC) is officially the best performing asset of 2021, data now confirms. As October delivers 15% gains in five days, BTC firmly outperforms macro assets worldwide to seal year-to-date returns of just under 50%. Bitcoin hodlers up 49% year-to-date Despite Bitcoin’s wild ride throughout the year, downside has failed to grip the market, with …

Circle reveals cooperation in ongoing SEC investigation

Circle, the company behind the world’s second-largest stablecoin USD Coin, has been subpoenaed by the U.S. Securities and Exchange Commission (SEC). According to an Oct. 4 regulatory filing from Circle, the SEC issued an “investigative subpoena” from its Enforcement Division in July. Circle, which is behind the USDC stablecoin, stated that it would be fully …

Bank of America offers bullish outlook for DeFi and NFTs

The Bank of America Corporation (BoA) has published a research report offering a bullish outlook for the long-term prospects of cryptocurrency. The report, published on Oct. 4 by BoA subsidiary, BofA Securities, offers a nuanced appraisal of the digital asset sector that highlights innovation taking place within the decentralized finance (DeFi) and nonfungible token (NFT) …

Walmart-Litecoin Sham PR Should Be Reminder for Due Diligence

HodlX Guest Post  Submit Your Post   Recently, Walmart was the subject of a fake news release, which announced that the big box giant established an agreement with Litecoin that ultimately would end in the retailer accepting the cryptocurrency as an accepted method of payment. While the Twitterverse buzzed with skeptics, Litecoin immediately jumped over 20% …

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