Este artículo también está disponible en español. Despite being in a downward trend all week, Floki (FLOKI) remains significantly bullish, according to a crypto analyst. Basing his analysis on similarities between past price movements, the analyst has outlined a master plan for Floki, predicting that the popular meme coin and Shiba Inu competitor is set …
Monthly archives: October 2024
FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in …
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Founder of crypto ‘Ponzi’ scheme’ IcomTech sentenced to 10 years in prison
David Carmona was the “mastermind” behind IcomTech’s “Ponzi scheme,” which netted an estimated $8.4 million from victims.
Who was Len Sassaman, and why might HBO think he is Satoshi Nakamoto?
The late cryptographer and privacy advocate is in the spotlight because bettors on Polymarket think he may be identified as Satoshi Nakamoto.
Bitwise Continues SEC Filing Spree With Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC)
$4.5 billion crypto asset manager Bitwise is filing for its second crypto exchange-traded fund (ETF) this week. According to the U.S. Securities and Exchange Commission (SEC), Bitwise filed a Form N-1A for a new product called the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) earlier today. A Form N-1A is a required registration …
Polymarket bettors favor Len Sassaman in HBO’s potential Satoshi Nakamoto reveal
Bettors on Polymarket, a decentralized prediction platform, have placed Len Sassaman as the leading candidate for HBO’s upcoming reveal of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, with a significant margin of 55%. The betting pool, which has attracted more than $500,000 as of Oct. 4, focuses on Money Electric: The Bitcoin Mystery, a documentary set to …
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IMF urges El Salvador to narrow Bitcoin laws amid loan negotiations
The International Monetary Fund (IMF) has recommended that El Salvador narrow the scope of its Bitcoin (BTC) law and strengthen regulatory oversight during ongoing talks regarding a potential lending program, Bloomberg News reported, citing IMF Director of Communications Julie Kozack. The discussions, held in Washington, focused on measures to enhance economic governance and bolster public …
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Bitwise shifts Bitcoin, Ethereum futures ETFs to dynamic crypto and treasuries strategy
Bitwise plans to shift three of its Bitcoin and Ethereum futures ETFs from their current long-only strategies to ones that alternate between crypto and US Treasuries, according to an Oct. 4 statement. The company’s crypto futures ETFs — including the Bitwise Bitcoin Strategy Optimum Roll ETF (BITC), the Bitwise Ethereum Strategy ETF (AETH), and the …
VanEck optimistic on Bitcoin’s momentum in Q4 but wary of Ethereum’s struggles
VanEck remains optimistic about Bitcoin’s outlook heading into the fourth quarter, citing strong macroeconomic support and institutional inflows while expressing concerns over Ethereum’s ongoing struggles with market share and declining fee generation. According to the firm’s September recap report, Bitcoin surged 7.7% over the month, buoyed by the Federal Reserve’s rate cut and China’s economic stimulus. …
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BBVA to Launch Visa-Backed Euro-Pegged Stablecoin Next Year
BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in partnership with credit giant Visa as part of one of the first projects using its services to launch stablecoins. BBVA Plans to Launch Stablecoin in …
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BTC’s Future in Focus: 4 Key Factors That Could Drive or Stall Its 2024 Rally
At press time, the crypto economy is cruising at $2.14 trillion, following a modest uptick Friday morning. There are 88 days left in the year, 32 days until the 2024 U.S. Election Day, and 34 days until the Federal Reserve’s next meeting. With numerous developments, including rising tensions in the Middle East, a variety of …
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BOB Announces Integration of One-Click Bitcoin Staking on Everstake Platform
BOB, also known as “Build on Bitcoin,” has partnered with blockchain service provider Everstake to introduce a one-click bitcoin staking solution. The integration offers access to staking, aiming to appeal to both retail and institutional investors. Everstake to Gradually Roll out BOB’s One-Click Bitcoin Staking According to the announcement, the integration of BOB Stake into …
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Analyst: 13 of the Top 25 ETFs Launched in 2024 Are Bitcoin or Ether-Related
Data shows that bitcoin and ethereum exchange-traded funds (ETFs) have made quite an impact this year in the world of traditional finance. According to Nate Geraci, co-founder of the ETF Institute, out of 525 funds launched in 2024, a total of 13 out of the top 24 best-performing ETFs are related to bitcoin and ether. …
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AI chatbots are getting worse over time — academic paper
A dwindling consumer interest in chatbots caused a drop in AI-sector revenues during the second business quarter of 2024.
SUI charts 115% monthly gain as its ecosystem memecoins rally after USDC integration
SUI gained 115% in a month after integrating USDC into its blockchain, which resulted in a parabolic surge in user and network activity.