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Bitcoin (BTC)
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Fed Governor Bowman Says U.S. CBDC May Pose 'Significant Risk'.
Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins. origin »
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Ripple Job Posting Sparks IPO Rumors, Will XRP Price Finally Cross $100?.
The Ripple Initial Public Offering (IPO) rumors continue to wax stronger as many expect that the event will push the XRP price upward. Back then, it was mostly just rumors and speculation, but the XRP community has gotten their hands on a Ripple job listing that suggests there might be some truth to the IPO rumors. origin »
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Scroll Confirms Mainnet Live, as Co-Founder Predicts Speed Gains Over Ethereum.
Blockchain data showed that Scroll’s smart contract was deployed on Oct. 8, but the team held off making its official announcement until this week. origin »
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7 crypto leaders share tips to help Web3 companies prep for tax season.
Web3 companies face unique challenges when it comes to prepping for tax season, and they need to employ smart strategies to tackle them. origin »
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Immutable delays $67M token vesting by another year.
125 million IMX tokens allocated for developer rewards will be vested monthly starting July 2024.
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SBF Trial: For Once, Bankman-Fried's Lawyer Lands a Punch.
Sam Bankman-Fried's former colleague, Nishad Singh, will have to answer questions from the FTX founder's lawyer about the last few years of the exchange's operations. origin »
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Bitcoin Magazine Owner Backs First Ordinals Fund, Which Bought $85K Rock.
The "Unbroken Chain" fund, as it is known, plans to raise $5 million from its limited partners and will trade in various Ordinals types, including BRC-20 tokens – sometimes positioned as NFTs on Bitcoin. origin »
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BTC price models hint at $130K target after 2024 Bitcoin halving.
Bitcoin is due to double its current all-time high price within two years of the April 2024 halving, the models suggest.
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Analyst Points Out Weird Bitcoin Activity On Bybit & Deribit Before Flash Surge.
An analyst has pointed out how some suspicious Bitcoin buying activity took place on Bybit and Deribit in the leadup to yesterday’s flash surge. Bitcoin Taker Buy Sell Ratio Saw Extraordinary Spikes On Bybit & Deribit Yesterday In a new post on X, Julio Moreno, head of research at CryptoQuant, discussed how the BTC taker buy-sell ratio looked like for the different exchanges in the market leading up to the surprise rally yesterday. origin »
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Why Congress Will Be the Dollar’s Downfall.
Congressional inaction is likely to cause de-dollarization as the country’s foes — and friends — move even faster to get off the U.S. dollar. Americans deserve to know what’s at risk so we can vote accordingly, and get the economy we deserve. origin »
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Binance.US asks users to convert USD into stablecoins for withdrawals.
Binance.US users “may convert” their U.S. dollar holdings to stablecoins or other digital assets to withdraw the funds from their accounts, the firm said. origin »
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Russian telecoms giant MTS announces ads service targeting Telegram users.
Telegram denies that it has entered any advertising-related agreements with Russian companies.
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Bitcoin Price: Why $28,000 Could Hold The Key For Massive Bull Run.
The Bitcoin price experienced volatility in the last day following speculation about approving a spot BTC Exchange Traded Fund (ETF) in the US. The rumors turned out false, but the cryptocurrency managed to reclaim a critical level. origin »
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Web3-Powered File Management App Raises $1.5M to Offer Alternative to Google.
Fileverse offers a decentralized file management and collaboration service, an alternative to centralized providers such as Google or Notion. origin »
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When Bankruptcy Regulates Crypto: The Good, the Bad, and the (Really) Ugly.
In the absence of specific policy, U.S. regulation of crypto has devolved to judges in bankruptcy proceedings, say Yesha Yadav and Bob Stark. origin »
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Australia’s central bank seeks to explore CBDC use.
The Reserve Bank of Australia (RBA) has expressed its openness to explore the potential role of a central bank digital currency (CBDC). The RBA Assistant Governor (Financial System) Brad Jones made these remarks in a speech titled “A Tokenised Future… origin »
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How African Students Became Victims of FTX’s Collapse.
“We saw an exchange that was supposedly better than every other one we had used, so we let a lot of family and friends get involved with the FTX platform,” FTX Africa’s former education lead Pius Okedinachi told CoinDesk. origin »
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The Sam Bankman-Fried Trial Is Revealing Crypto's Amateur-Hour Ways.
Paradigm, BlockFi, Genesis and other companies did not have access to audited financial statements prior to investing or loaning billions to FTX, FTX. US. and Alameda Research, according to testimonies given in the trial of Sam Bankman-Fried. origin »
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Crypto investor protections won’t take effect in EU until late 2024.
Crypto asset service providers may not benefit from full rights and protections afforded to them under MiCA until as late as July 2026, the ESMA said. origin »
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Banks’ crypto exposure must be disclosed — BIS’ Basel Committee.
The proposed regulations are currently open to the public for comments, and if approved, they will come into effect by Jan. 1, 2025. origin »
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BlackRock Reacts To False Bitcoin Spot ETF Approval News In A Positive Way.
Investment management firm Blackrock has reacted to rumors about the approval of its Bitcoin Spot ETF application by the United States Securities and Exchange Commission (SEC) which caused quite a stir among the cryptocurrency community. origin »
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BitGo Buys Crypto Wealth Management Platform HeightZero.
HeightZero handles portfolio rebalancing, statement generation, tax loss harvesting and automated billing for crypto clients. origin »
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Why brand consistency matters and how Web3 companies are failing to deliver.
Choosing a realistic, appealing brand promise to a specific audience can improve the ability to endure difficult markets and strengthen the chances of outlasting the competition. origin »
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Binance.US Halts Direct Dollar Withdrawals.
Dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use. origin »
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First Mover Americas: FTX Proposes Returning Up to 90% of Customer Funds.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. origin »
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Leading Video Game Company Embraces XRP As Price Faces Key Resistance.
BitPay, the pioneering crypto payment service provider based in Atlanta, Georgia, has taken another significant step in its collaboration with global video game commerce company, Xsolla, by integrating the XRP token. origin »
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Ripple VP: The Policy Considerations 'Justifying the Implementation of CBDCs'.
Central bank digital currencies have nearly limitless opportunity but ultimately, mainstream adoption hinges upon usability, Ripple Vice President James Wallis writes. origin »
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BTC price holds 6% gains as Bitcoin battles for ‘crucial’ $28K support.
Bitcoin is at a “critical milestone” as BTC price tackles the $28,000 mark, say the co-founders of Glassnode.
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Ripple job posting hints at possible IPO, XRP community says.
The role and responsibilities listed for the potential candidate are often criteria linked to requirements for a company considering an IPO. origin »
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Pennsylvania Lawmaker Scraps Crypto Mining Ban to Advance Energy Conservation Bill.
The state's Environmental Resources and Energy Committee accepted the amended bill on Monday by a slim margin. origin »
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Bitcoin Amsterdam: BTC shines in depths of crypto bear market.
Prominent Bitcoin developers and market analysts highlight BTC’s relative performance to the broader cryptocurrency markets at Bitcoin Amsterdam. origin »
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DeSci-focused DAO community funds cancer research.
VitaDAO community agreed to fund early-stage cancer research through the launch of a biotech company named Matrix Biosciences.
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Shiba Inu Shatters Resistance: A Sign Of A Bigger Reversal?.
Shiba Inu (SHIB) has recently embarked on a surprising journey, defying the odds and setting the stage for a potential game-changing reversal. A recent report unveils fascinating insights into SHIB’s price action, highlighting both optimism and caution in equal measure. origin »
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Coinbase suspends 80 non-USD trading pairs to improve liquidity.
Coinbase crypto exchange has been removing dozens of trading pairs in an effort to improve liquidity on its platforms.
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UK’s ‘Help with Fees’ scheme won’t define crypto as disposable income.
The Ministry of Justice’s proposed “Help with Fees” scheme will not classify cryptocurrencies as disposable income following a public consultation. origin »
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Canada central bank assesses innovations and challenges of DeFi.
The staff note suggested that, although the DeFi ecosystem brings a ton of innovations in the financial sector, the regulatory challenges and vulnerability limit its potential use in traditional finance. origin »
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Roblox integrates XRP as payment method.
Xsolla and BitPay now support Ripple’s digital currency for in-game purchases.
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Pension funds could use AI to cut costs, increase returns, says report.
Artificial intelligence is touted to provide a number of benefits to the management of pension funds, according to research from Mercer. origin »
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TrueCoin’s third-party vendor breach potentially leaks TUSD user data.
TrueCoin’s internal systems were not impacted or accessed, and the company confirmed that the attack was an isolated incident and limited to a third-party vendor. origin »
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FTX Plans to Return 90% of Customer Funds, but There's a Catch.
An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved. origin »
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Vitalik Buterin-linked biotech charity Kanro transfers $15M to fund grant.
Blockchain analysts flagged the transfer claiming it was from Vitalik Buterin to crypto exchange Gemini. However, an Ethereum Foundation spokesperson has clarified this was not the case. origin »
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‘I’m still not seeing it’ — Judges skeptical of Ryder Ripps’ BAYC appeal.
The lawyer representing Ryder Ripps and Jeremy Cahen struggled to convince a panel of judges that Yuga Labs’ case against his clients should be thrown out under California’s anti-SLAPP statute. origin »
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Dev platform Stack Overflow axes 28% of staff as AI competition grows.
The technology Q&A forum has seen declines in web traffic since the launch of ChatGPT in 2022.
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Top Recession Trades, Will Bitcoin Breakout Soon?.
Legendary investor Paul Tudor Jones lays out his recession trades including Bitcoin origin »
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Chainlink (LINK) Announces 9 New Integrations – Will the $8 Price Target be Next?.
The Chainlink (LINK) price trend is considered bullish as long as a breakdown below $7.10 does not occur. The post Chainlink (LINK) Announces 9 New Integrations – Will the $8 Price Target be Next? appeared first on BeInCrypto. origin »
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MT Tower Announces Listing On MEXC As It Focuses On Changing The Metaverse Experience.
MT Tower, a lifestyle and gaming platform known as Meta Tower, is elated to announce its listing on the MEXC exchange and Kanga. Exchange. According to the team, the MT token is scheduled to be listed on MEXC and Kanga. origin »
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Maximize Memecoin Profits With Switch From Doge, SHIB to High Growth Nugget Rush.
While Dogecoin ($DOGE) and Shiba Inu ($SHIB) have long been pioneers in the meme scene, a new contender has emerged, NuggetRush (NUGX), captivating the attention of enthusiasts. Unlike its predecessors, NuggetRush offers a fresh perspective and significant growth potential thanks to its novelty. origin »
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