Biggest Movers: AVAX Hits 1-Month High, DOGE Maintains Bullish Momentum

Avalanche rallied to a four-week high on Friday, as prices moved close to a key resistance level. The token hit a ceiling of $17.70 earlier in today’s session, which comes following several days of gains. Dogecoin also maintained recent sentiment, as prices climbed for a fourth straight day. Avalanche (AVAX) Avalanche (AVAX) rose to a …

Staggering $1,520,000,000 in Bitcoin Exits Crypto Exchanges in 24 Hours: IntoTheBlock

New data from crypto analytics firm IntoTheBlock shows tens of thousands of Bitcoin (BTC) tokens worth more than $1 billion left crypto exchanges in a single day. According to IntoTheBlock, the more than 70,000 Bitcoin tokens valued at $1.52 billion that left exchanges in the past 24 hours is the largest outflow in six months. …

Crypto Exchange FTX Plans To Develop a Stablecoin, Says CEO Sam Bankman-Fried: Report

The Bahamas-based crypto exchange FTX could soon develop its own stablecoin, according to the firm’s chief executive, Sam Bankman-Fried. In a new interview with European Web3 media company The Big Whale, Bankman-Fried teases the possibility that FTX could make moves on issuing a stablecoin soon. “We’ve held off on doing it because I think to …

Bitcoin price broke out this week, but has the trend changed?

Welcome readers, and thanks for subscribing! The Altcoin Roundup newsletter is now authored by Cointelegraph’s resident newsletter writer Big Smokey. In the next few weeks, this newsletter will be renamed Crypto Market Musings, a weekly newsletter that provides ahead-of-the-curve analysis and tracks emerging trends in the crypto market.  The publication date of the newsletter will …

Binance may form a team to support Twitter’s blockchain efforts

According to reports on Oct. 28, the crypto exchange Binance intends to create a team to work on crypto and blockchain solutions for Twitter, following the acquisition of the social media company by tech billionaire Elon Musk. The development came hours after Binance’s founder and CEO, Changpeng Zhao, or CZ, confirmed that the company had backed Musk …

Compound pauses 4 tokens to avoid price manipulation: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. After the Mango Markets exploit last week, Compound protocol paused the supply of four tokens as lending collateral to protect it against any price manipulation. Crypto staking protocol Freeway …

Here is why strong post-Merge fundamentals could benefit Ethereum price

The shift of the Ethereum (ETH) blockchain to a proof-of-stake (PoS) protocol opened new opportunities for developers and investors to explore, including the burning of Ether. Now, Ethereum PoS transactions are validated through staking rather than mining.  Staking impacts the supply and price dynamics of Ether in ways that are different from mining. Staking is …

Ethereum’s Vitalik Buterin Believes Twitter HQ Should Be Moved To Switzerland

Ethereum founder Vitalik Buterin believes that Twitter headquarters should be moved to Switzerland. Buterin’s comments came barely hours after Elon Musk formally took over the social media platform.  Elon Musk has been in the news following his $44 billion purchase.  Musk’s influence on crypto was reflected by DOGE’s price hike following the takeover.  After six …

Dogecoin Up 44% In A Week As Elon Musk Buys Twitter, CZ’s Binance To Provide Blockchain Support

Summary: Memecoin leader Dogecoin rallied over 44% this week while Elon Musk finalized his $44 billion Twitter acquisition. DOGE stayed green at press time on speculation that Musk might unveil integrations between the ninth-largest cryptocurrency and the social network. CZ’s crypto exchange Binance revealed plans to support Elon’s battle against Twitter’s drawbacks with blockchain-based solutions, …

Crypto Hackers Strike DeFi Liquidity Locking Project With $14,500,000 Exploit

The liquidity locking project Team Finance says crypto hackers made off with $14.5 million in digital asset tokens. Team Finance says they temporarily paused activity on their platform while investigating the hack and are urging those responsible to contact them. “We have just been alerted of an exploit on Team Finance. We are currently unsure …

Pro-crypto city of Lugano and El Salvador sign economic agreement based on adoption

Switzerland’s southern city of Lugano and El Salvador have signed an economic cooperation agreement based on crypto and blockchain. According to an Oct. 28 announcement from Lugano, the two pro-crypto jurisdictions signed a memorandum of understanding on economic cooperation at the city’s Plan B event. Lugano Mayor Michele Foletti cited El Salvador adopting Bitcoin (BTC) …

Cowboy hats, boots, guns and crypto talk with Dan Held

Bitcoiner Dan Held gave journalist Nicole Behnam a true Texan welcome to Austin while the pair discussed their individual paths into the world of crypto. Dan Held is a household name in the world of Bitcoin (BTC), while Nicole Behnam is a journalist turned cryptocurrency and NFT enthusiast. Together, the pair explored Held’s hometown of …

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