Altcoins breakout even as Bitcoin price falls to $60,000

Today Bitcoin (BTC) price and Ether (ETH) price pulled back to lower support levels after an exciting week that saw BTC soar to a new all-time high after the successful launch of two exchange-traded funds.  While much of the focus has been on BTC and Ether, multiple altcoins have racked up notable gains on as some traders appear …

Analysts hold their $250K Bitcoin price target even as BTC falls below $60K

Bitcoin (BTC) briefly fell below $60,000 on Oct. 22 as a correction after all-time highs deepened concerns about the market’s strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader eyes $56,000 minimum BTC buy-in Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $59,930 on Bitstamp, down another 6% on the day. A …

Transient Raises $1.2 Million in IDO Public Sale To Build the Amazon of Smart Contracts

October 22, 2021 – Tortola, British Virgin Islands Transient Network, a smart contract global marketplace, is thrilled to announce that it has raised $1.2 million via initial DEX offering (IDO) on two different launchpads – Genesis Pool and Lemonade. Transient ($TSCT) raised $1 million in an oversubscribed public sale on Genesis Pool and $200,000 via Lemonade. …

Here’s What’s Driving Price of Bitcoin, Ethereum, Polkadot and Other Crypto Assets, According to Kraken Executive

An executive at the US-based crypto exchange Kraken is sharing his thoughts on the catalysts behind the explosive growth of several top crypto projects. In a new CNBC interview, Kraken chief product officer Jeremy Welch says the rising pace of adoption and technical advances are fueling the resurgence of the largest cryptocurrency by market cap, …

Polygon pays $2M bounty on bug which could have compromised $850M in user funds

White hat hacker Gerhard Wagner has earned $2 million after reporting a solution to a potentially costly “double-spend” bug on the Polygon network. In an Oct. 21 blog post from Immunefi, a security service that helps facilitate bug reports in decentralized finance projects, Polygon network’s Plasma Bridge was at risk of having $850 million removed …

Hilbert Group forms COIN360 JV with Cointelegraph and Chiron Partners

Sweden-based Hilbert Group AB, United States-based Cointelegraph and Asia-based investment group Chiron Partners will join forces to launch a new business of COIN360. Under this joint leadership, COIN360 will expand its product suite to become a full-service market data provider covering the full spectrum of digital assets — including decentralized finance (DeFi), nonfungible tokens (NFTs) …

Crypto platform Rally commits $12M to third-party developers

Crypto-social platform Rally has earmarked $12 million for external developers to improve the functionality of the ecosystem, potentially setting the stage for new innovations that would benefit creators.  The grants program will be distributed through RLY tokens, the native cryptocurrency of the Rally ecosystem, the company announced Friday. A community-elected developer council controls $5 million …

Crypto breaks Wall Street’s ETF barrier: A watershed moment or stopgap?

But others, like Arca CEO Rayne Steinberg, had “mixed feelings” about the events. While pleased that a much-awaited crypto investment vehicle finally received regulatory approval — ending eight years of futility on the part of U.S. fund issuers — he had some misgivings about the product that finally met the approval of the SEC, specifically …

Bitcoin Is On Its Way to the Moon For Investors and Sports Betters Alike

With Bitcoin reaching its all-time highs this week and the first Bitcoin ETF being approved by the American SEC, all eyes are on the coin. It’s safe to say that Bitcoin has broken through to the mainstream. With a market cap of nearly 1.2 trillion dollars and a value reaching an all-time high of above …

VanEck set to become second Bitcoin ETF in the U.S.

On the heels of ProShares historic trading of the first Bitcoin futures exchange-traded fund (ETF) on the New York Stock Exchange (NYSE) yesterday, available information has shown that VanEck has also gotten approval from the Securities and Exchange Commission (SEC). VanEck Bitcoin ETF to begin trading next week According to a filing made by the …

You can now buy Bitcoin (BTC) at 200 Walmart locations in the U.S.

US retail giant Walmart will allow customers to purchase Bitcoin (BTC) via ATM kiosk at over 200 of its locations, thanks to a pilot project with crypto ATM provider Coinstar. The firm has earlier expressed its interest in the burgeoning crypto space and looks to include digital currencies as part of its everyday operations. An …

Huobi Group attends Sir Richard Branson’s Oceans 4.4 Retreat on Necker Island

Held from October 9-14th in the British Virgin Islands, Sir Richard Branson’s Oceans 4.4 retreat was designed to raise awareness for the water crises affecting the world, and highlight the efforts of founders and change-makers to fight these issues. Over the course of the retreat, different innovators presented their solutions for ocean conservation and fighting …

Walmart Allows Customers to Buy Bitcoin at 200 Stores

Retail giant Walmart says that bitcoin can now be purchased at 200 of its stores in the U.S. The cryptocurrency is offered through Coinstar kiosks located inside Walmart stores. Coinstar is currently offering bitcoin at more than 8,000 kiosks. Buying Bitcoin at Walmart Bitcoin can now be purchased at 200 Walmart stores in the U.S., …

Billionaire VC Peter Thiel Discusses Satoshi’s Identity — Says Bitcoin Is the ‘Most Honest Market We Have’

According to reports, tech billionaire Peter Thiel — the co-founder of Paypal and Palantir — spoke about bitcoin at an event hosted in Miami. At the time, bitcoin had just surpassed its all-time price high and Thiel said “you’re supposed to just buy bitcoin” and added, “I feel like I’ve been underinvested in it.” Peter …

Night Life Crypto Integrates With Polygon and Launches NFT Sale

press release PRESS RELEASE. Night Life Crypto (NLIFE), the first platform to bring AAA style titles to blockchain games, is proud to announce an integration with the largest protocol connecting Ethereum-compatible blockchain networks, Polygon. Night Life Crypto will utilize Polygon’s chain to launch it’s very first series of integration NFTs, as well as use their …

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