Algorithm Known for Outperforming Bitcoin and Crypto Markets Abruptly Favors Top Ethereum Competitor

A trading robot with a reputation for outperforming the digital asset markets is sharing its newest portfolio allocations amid the ongoing crypto bear market. Every week, the Real Vision Bot conducts surveys to compile algorithmic portfolio assessments that generate a “hive mind” consensus. The bot’s latest data reveals that traders continue to have a strong …

Seasoned Trader Tone Vays Reverses Stance on Bitcoin After Latest Rally – Here’s His New Outlook

Veteran trader Tone Vays is reversing his outlook on Bitcoin (BTC), no longer forecasting an imminent collapse as he had earlier this month. In a new strategy session, Vays tells his 123,000 Youtube subscribers that he is now leaning bullish after Bitcoin and the crypto market traded higher in recent days. Vays says that while …

El Salvador’s Bitcoin purchase information can’t be made public: Trustee

Ever since El Salvador legalized Bitcoin (BTC) as mainstream tender, President Nayib Bukele used Twitter on numerous occasions to announce the country’s BTC acquisitions. However, ALAC El Salvador — a non-governmental anti-corruption bureau — was recently denied information from a state development bank, BANDESAL, regarding El Salvador’s Bitcoin purchases and sales. As a development bank …

GameStop NFT Marketplace Is Now Live On Immutable X

GameStop has finally gone live on the Immutable X blockchain  Immutable X is known for its 100% carbon-neutral minting and trading process. Per the latest announcement made by GameStop, the gaming giant has finally unveiled its NFT marketplace on layer two Immutable X blockchain. The GameStop NFT Marketplace Is Finally Here  The GameStop NFT marketplace …

Twitter monetization and free speech drove Binance’s $500M injection: CZ

Binance CEO Changpeng “CZ” Zhao has explained the reasoning behind its $500 million co-investment into Elon Musk’s Twitter, citing monetization potential, crypto community free speech, and the opportunity to eventually “help bring Twitter into Web3.”  CZ’s comments came from an Oct. 31 CNBC Squawk Box segment, where he explained what drove his co-investment with Elon …

Nifty News: GameStop NFT market goes live, Hong Kong’s NFT concept and more

The nonfungible token (NFT) marketplace for American video game retailer GameStop has officially gone live on Ethereum (ETH) layer 2 blockchain ImmutableX, all part of the latest Web3 push from the gaming retailer.  The pair first partnered in February to build the marketplace offering a $100 million grant for NFT content creators and tech developers …

I’m the captain now: Musk chops Twitter board, becomes sole director

Crypto-friendly billionaire Elon Musk has become the sole director of Twitter, following the dissolution of nine former board members, according to newly filed documents.  In an SEC filing dated Oct. 27, the “consummation” of Musk’s takeover of Twitter came with the dissolution of Twitter’s board members, including Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha …

Scary stats: $3B stolen in 2022 as of ‘Hacktober,’ doubling 2021

The month of October has broken all records for crypto exploits and the amount of digital loot pilfered — living up to its new moniker of “Hacktober” — according to the latest figures. On Oct. 31, blockchain security firm PeckShield tweeted some scary statistics for the month, reporting a total of $2.98 billion in stolen …

Indian Central Bank RBI Begins First Digital Rupee Pilot Today

India’s central bank, the Reserve Bank of India (RBI), is launching its first digital rupee pilot on Nov. 1. with the participation of nine banks. “Settlement in central bank money would reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or for collateral to mitigate settlement risk,” said the central bank. RBI’s First …

India’s Tax Authority Asks Crypto Exchanges for Details of Coins Traded on Their Platforms

India’s tax authority has reportedly asked major cryptocurrency exchanges in the country to provide information pertaining to the coins traded on their platforms. The tax authority is also evaluating the taxability of crypto transactions to determine if the goods and services tax (GST) can be applied to them. Indian Crypto Exchanges to Provide Details of …

SEC Chair Gensler Wishes Satoshi Nakamoto’s Bitcoin Whitepaper Happy Birthday — Says Let’s Make Sure Crypto Investors Get Proper Protection

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has wished Satoshi Nakamoto’s Bitcoin whitepaper a happy birthday. “It has led to innovation and crypto asset investing. Let’s make sure as crypto enters its 15th year that investors get proper protection,” said the SEC chairman. SEC Chair Gary Gensler Wishes Satoshi Nakamoto’s …

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