Bitget Partners With Solayer to Launch CEX-based Solana (SOL) Liquid Staking Services
Victoria, Seychelles, 22nd October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of its Solana (SOL) liquid staking service, in partnership with Solayer, a leading restaking network on Solana. This…
Avalanche Unleashes a New Way to Spend Crypto: Meet the Avalanche Visa Card
Avalanche has launched the Avalanche Card, a loadable debit card that allows users to make purchases using their crypto assets where Visa is accepted. The card will initially be available to Latin American and Caribbean residents, excluding…
Stanley Druckenmiller’s ‘Big Short’ Move: Betting on Future Disaster
Duquesne Family Office’s Stanley Druckenmiller has revealed his latest move in the U.S. bond market. The billionaire investor who won millions in the past for Duquesne Capital does not believe that inflation will keep cooling down, and is…
New Cryptocurrency ICO FreeDum Fighters Raises $225,000 In Opening Weekend
The 2024 US Election is almost here, and it’s shaking up the market. Traders are speculating on what the outcome will mean for the economy and crypto regulation. But one project encapsulates this, providing a means of speculation while offering…
Massive Inflows Push Bitcoin ETFs Higher as Ether Funds Falter
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) marked another day of gains, pulling in $294.29 million in positive inflows. In contrast, ether ETFs saw a different story, losing $20.8 million across nine funds during the trading day. As…
Bitcoin Market Update: Traders Question Whether There’s a Breakout or Breakdown Looming
As of Oct. 22, 2024, bitcoin (BTC) is priced at $67,058.95, fluctuating within a 24-hour range of $66,669 to $68,268. With a market cap of $1.32 trillion and a daily trading volume hitting $44.03 billion, the digital currency appears to be in a…
Bitcoin Self-Custody Calls Intensify as Centralization Grows: ‘No One Is Ready for the Biggest Hack in History’
With self-custody and third-party custodians becoming hot topics within the crypto community, the founder of timechainindex.com, an X user known as Sani, recently posted an eye-opening image of onchain data. The snapshot revealed that Coinbase…
A Hero Falls: Bitcoin Community Blasts Michael Saylor’s ‘Paranoid Crypto-Anarchists’ and Self-Custody Remarks
Microstrategy co-founder Michael Saylor blasted the original bitcoin community stating that crypto-anarchists were paranoid about possible bitcoin seizure events involving the large companies that currently provide crypto custody. Saylor said that…
Messari Reports TRON’s Protocol Revenue Reached an All-Time High in Q3 2024
PRESS RELEASE. Geneva, Switzerland, October 22, 2024 – Messari, a leading provider of digital asset market intelligence products, released a research report highlighting TRON’s Q3 performance. The report details seven consecutive…
Northern Data Considers Selling Crypto Mining Unit to Fund AI Venture
Northern Data, a German data center company, is considering selling its crypto mining arm, Peak Mining Frankfurt, to focus on its growing AI business. This move comes as crypto miners continue to struggle with reduced Bitcoin rewards. If the sale…
Cryptocurrency Transactions’ Volumes Spike Nearly 25% in Brazil
The volume of cryptocurrency transactions in Brazil has yet again registered record numbers. According to figures offered by the Brazilian IRS equivalent, volumes grew 24.2% compared to last year, reaching over $43.5 billion between January and…
The World’s Largest Bitcoin Conference Makes Middle East Debut in Abu Dhabi With Eric Trump as Keynote Speaker
PRESS RELEASE. The Bitcoin Conference will be held in Abu Dhabi on December 9-10 at the ADNEC Centre, featuring keynote speaker Eric Trump alongside top Bitcoin innovators and government officials. This landmark event will explore the future of…
Russia Seeks to Weaken the West, Collapse US, Medvedev Declares
Dmitry Medvedev, Deputy Chairman of Russia’s Security Council, called for weakening Western influence, stating Russia’s goal is the collapse of U.S. power or re-establishing a Soviet-era global counterbalance. He emphasized that Russia must…
Crypto On/Off Ramp Discloses Breach, Says 1.14% of Users Affected
Transak, a cryptocurrency on/off-ramp service, confirmed on Oct. 21 that experienced a data breach affecting 1.14% of its users. A ransomware group claimed to have obtained sensitive data but Transak confirmed only limited information was accessed…
Sanctions Backfire: European Exporters Suffer More Than Russia
European sanctions against Russia are impacting small European exporters, particularly in Italy, more severely than Russia itself, according to Ferdinando Pelazzo, president of the Italian-Russian Chamber of Commerce. Small and medium-sized…
Industry Stakeholders Cautious as Argentina Drafts New Crypto Regulations
Cryptocurrency industry members in Argentina expressed their opinions regarding a new draft that proposes restrictions on the operation of crypto institutions in the country. If the draft is approved, each institution will register with a minimum…
Putin Blasts US Sanctions, Reveals 95% of Russian Trade Now Dollar-Free
Russian President Vladimir Putin criticized U.S. sanctions, noting that they are driving global economies away from the U.S. dollar and leading to a gradual decline in its use for international trade and reserves. He highlighted that Russia now…
Tesla CEO Elon Musk Highlights XRP and Crypto Potential Amid Regulatory Heat
Tesla and Spacex CEO Elon Musk addressed XRP and cryptocurrency during a town hall in Pittsburgh, acknowledging crypto’s potential amid regulatory scrutiny. Musk emphasized that cryptocurrency plays a crucial role in promoting individual…
BRICS Unites 40 Nations at Leaders’ Summit — Russia Pushes for Global Partnerships
Nearly 40 countries will participate in the BRICS Plus/Outreach session, expanding the reach of the 2024 BRICS Summit hosted by Russia. The summit will address cooperation in politics, security, and economics. A central focus will be the expansion…
2 Outcomes: Ripple’s Legal Chief Reveals Best SEC Can Hope for in XRP Appeal
Ripple’s chief legal officer has highlighted two potential outcomes for the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit over XRP. He explained the SEC’s best-case scenario and noted that…
JPMorgan’s Bold Call: Why Carry Trades May Be Facing Their Final Days
A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates decline, urging investors to be more selective with currency risks. The Japanese yen has lost appeal after unexpected rate hikes, while the Swiss franc…
Latam Insights Encore: Brazil Can Lead the Way to Full BRICS De-Dollarization
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the recent movements by Brazil to further push de-dollarization within BRICS and how this…
Russian Crypto Miner, Sovereign Fund Aim for Global AI Leadership
Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency…
Why Is Silver Soaring? A Financial Perspective Involving America’s Breaking Point
Porter Stansberry, financial editor and founder of Marketwise, believes that the rise of silver, which is experiencing a bull market, has deeper causes than just the increase in tech-related demand. He links the increase in the prices of this…
Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it holds 2,102.29 BTC, valued at…
Ripple’s Chris Larsen Pledges $10M in XRP to Back Kamala Harris’s Campaign
Chris Larsen, a well-known figure in the world of American business and angel investing, is making headlines once again. This time, the co-founder of multiple Silicon Valley tech ventures, including Ripple, has pledged a whopping $10 million to…
Over 700 Exahash—Bitcoin’s Hashrate Shatters All-Time Records
Bitcoin’s network hashrate has hit a groundbreaking peak of 725.88 exahash per second (EH/s) for the very first time in its history. Imagine this: 725 quintillion hashes are being crunched every second to secure the network. That’s an astronomical…
Trump Takes Commanding Lead Over Harris on Prediction Markets After McDonald’s Appearance
Former President Donald Trump reached a new high on the predictions market Polymarket on Monday rising to 62.6% while his competitor Vice President Kamala Harris now stands with a 37.5% lead. The news follows Trump joining the team at a McDonald’s…
Gold prices surged to a new record high of $2,729.30 per ounce on October 21, bringing their gains for 2024 to over 30%. The commodity’s latest increase is attributed to increased safe-haven demand amid escalating tensions in the Middle East…
9 AI Chatbots Forecast Bitcoin’s Price Under Trump vs. Harris—Here’s What They See
On Oct. 20, 2024, bitcoin’s price broke past the $69,000 mark, leaving many in the market eager to see what’s next. With the 2024 U.S. elections approaching, bitcoin (BTC) prices could swing unpredictably, given the speculation…
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