Gold and silver are halfway into a “decade-long bull market,” and Bitcoin is one narrative catalyst away from rallying to $100,000, according to 1971 Capital CIO Brian Russ.
Monthly archives: October 2024
‘Hong Kong’s FTX’ victims win lawsuit, bankers bash stablecoins: Asia Express
Victims of ‘Hong Kong’s FTX’ take aim at $29M seized by police, central bankers bash stablecoins, crypto scammers busted over luxury condo.
Binance partners with Amazon Web Services to enhance user experience
Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers.
Crypto Analyst Says One Large-Cap Memecoin Looking Very Strong, Updates Outlook on Bitcoin and Solana
A widely followed cryptocurrency analyst and trader is leaning bullish on a top-10 altcoin by market cap. The analyst pseudonymously known as Sherpa tells his 229,600 followers on the social media platform X that Dogecoin (DOGE) is “still very strong looking” amid the flagship memecoin rising by around 60% from the October low. Source: Sherpa/X …
Ethereum in the Final Innings of Downtrend Against Bitcoin, Says Top Analyst Benjamin Cowen – Here’s His Outlook
A widely followed crypto analyst says that Ethereum (ETH) is in the final stages of its decline against Bitcoin (BTC). In a new strategy session, crypto trader Benjamin Cowen tells his 819,000 YouTube subscribers that based on historical patterns, the top altcoin appears as if it’s about to break out against the crypto king. According …
Chorus One Introduces TON Pool – The First Institutional Solution for Scalable TON Staking
October 31, 2024 – Zug, Switzerland Chorus One, a leading provider of staking infrastructure for over 60 networks, today announced the launch of TON Pool, a new staking solution designed to simplify and optimize Toncoin staking for institutions and investors. With a focus on addressing the limitations of current staking models on the TON blockchain, …
Consensys CEO Joe Lubin Says SEC’s Abuse of Power Among Reasons Blockchain Firm Laying Off 20% of Staff
The CEO of blockchain software firm Consensys says the company is terminating 20% of its workers as the crypto industry faces a more cautious macroeconomic environment and regulatory uncertainty. In a statement, Joe Lubin says that aside from rising interest rates, inflationary pressures and tightening liquidity, the lack of clear regulatory framework has also made …
Mawari Announces Node Sale To Bring Immersive Content to the World
October 31, 2024 – Tokyo, Japan Mawari Network, a spatial computing DePIN (decentralized physical infrastructure network), has announced a limited node license sale. Already a pioneer in immersive content, the node sale will make Mawari’s 3D streaming technology more scalable and accessible for content creators and developers. This node sale will help create a global, …
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BlackRock’s iShares Bitcoin Trust (IBIT) ETF Sets New Records Inflows at $875,000,000: Report
Asset management giant BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded-fund (ETF) is reportedly setting new daily inflow records. According to a report from Yahoo Finance, investors poured $875 million worth of daily inflows into BlackRock’s $31 billion Bitcoin (BTC) ETF earlier this week as we approach November’s highly anticipated presidential election. In a recent interview with …
Nexo Unveils Strategic Rebrand as a Premier Digital Assets Wealth Platform
October 31, 2024 – Vilnius, Lithuania Nexo redesigns its innovative solutions for long-term digital wealth building with 24/7 advanced client care on Bitcoin Whitepaper Day. Nexo, a leading digital assets institution, today announced its major rebrand and platform redesign, marking its evolution from a crypto lending pioneer to the first comprehensive and compliant digital assets …
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Tony Vejseli, Figure Markets and GXD Labs Provide Clarification Following October 28 Meeting With Ionic Digital’s Board
October 31, 2024 – San Francisco, United States Tony Vejseli, Figure Markets Holdings Inc. and GXD Labs, LLC – collectively the ‘Group’ – today issued a statement to address recent developments following a meeting held on October 28, 2024, at White and Case’s Midtown Manhattan offices, where the Group met with the board of directors – …
StanChart sees high volatility for Bitcoin in lead up to US elections
Standard Chartered’s global head of digital assets research, Geoffrey Kendrick, cautioned that Bitcoin (BTC) may experience heightened volatility in the days before the US presidential elections. Kendrick’s analysis pointed to key metrics indicating an optimistic yet cautious market sentiment among Bitcoin traders as investors brace for economic and regulatory shifts related to the political event. …
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Riot Platforms attracting ‘blue-chip’ partners for AI ventures amid Q3 losses
Riot Platforms CEO Jason Les revealed substantial interest from “blue-chip” companies looking to partner with the Bitcoin miner on AI and high-performance computing (HPC) initiatives. Speaking during the Oct. 30 earnings call, Les explained that the company has received numerous inbound offers to secure large-scale power capacity. The inquiries come from highly credible, financially stable …
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Binance embraces Amazon generative AI to speed up account verification and customer support
Binance is turning to Amazon Web Services (AWS) and its advanced generative AI tools to enhance user experience on its platform, according to an Oct. 31 statement shared with CryptoSlate. By incorporating AWS’s Cloud and Generative AI technologies, Binance aims to streamline user onboarding, strengthen customer support, and improve internal systems for automated diagnostics and …
London Satoshi reveal unsurprisingly fails to convince anyone of his identity amid fraud charges
At a press conference in London on Oct. 31, Stephen Mollah declared himself to be Satoshi Nakamoto, the elusive creator of Bitcoin but failed to provide compelling evidence to support his claim. The event at the Frontline Club left attendees skeptical as technical issues and unverified assertions undermined his credibility. Joe Tidy, a cyber correspondent …