Pepe Unchained ICO Blasts Past $21M as Analysts Predict Major Breakout
Pepe Unchained (PEPU), the latest meme coin sensation, has smashed through the $21 million mark in its ICO. Now, with a well-known analyst claiming PEPU is “ready to rocket,” excitement is building in the crypto community. Pepe…
Triple-Digit Gains Propel GOAT and APE to the Top This Week, But Not All Coins Thrived
While bitcoin is up 4.6% this past week and ethereum gained 5.2% over the seven day run, a large number of crypto assets saw double-digit weekly gains and some managed to capture triple-digit rises. The leaders of the pack this week included GOAT…
A New Fed Working Paper Aims to Rein in Bitcoin With Taxes or Prohibition—Here’s Why It’s Flawed
In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis argue that prohibiting bitcoin or imposing specific taxes could help governments implement permanent primary deficits effectively. Their research…
On Oct. 21, 2024, ethereum holds steady at $2,706, sticking within a key trading zone after recently hitting a high of $2,769. Technical indicators across various timeframes paint a mixed picture, as oscillators suggest caution while moving…
On Oct. 21, 2024, bitcoin is trading at $68,322, supported by a market cap of $1.35 trillion. The cryptocurrency saw a 24-hour trading range between $68,145 and $69,431, with a trading volume reaching $28.79 billion. Technical indicators from…
South African Bank Blocks Crypto Payments, Faces Industry Backlash
South African bank Capitec has blocked electronic funds transfers and real-time payments to cryptocurrency exchanges as a security measure. While Capitec acknowledges growing interest in cryptocurrencies, the bank maintains that the measure is…
TRON DAO Supports Princeton Blockchain Club’s Crypto TigerTrek as Ruby Sponsor
PRESS RELEASE. Geneva, Switzerland, October 21, 2024 – TRON DAO participated as a Ruby Sponsor at Princeton Blockchain Club’s 3rd Annual Crypto TigerTrek, a novel Princeton experience that brought together students and industry…
Millions Already Hold This Latam-Based Dollar Pegged Stablecoin
Mercado Libre, the Latin American e-commerce and financial services giant, has reached a milestone with meli dolar, an in-house distributed dollar-pegged stablecoin. The token, launched in August, is now in millions of wallets, according to Ignacio…
It might sound like a conspiracy, but central banks are almost certainly already buying Bitcoin. Here’s why: Hedging Against Their Own Policies Nearly all countries are up to their ears in debt. Since austerity measures are not politically…
New Hampshire AG Joins Calls to Designate Jailed Ex-Federal Agent as Hostage
New Hampshire Attorney General John M. Formella and 17 other state attorneys general are urging the Biden Administration to designate Tigran Gambaryan, a detained U.S. citizen, as a hostage. The AGs express deep concern for his well-being and…
Latam Insights: Brazil Pushes BRICS Away From the US Dollar, Bitcoin Adoption Falters in El Salvador
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil pushes BRICS to use national currencies instead of the dollar, bitcoin adoption reaches critical…
The Next Big Leap for Bitcoin Miners: What it Takes to Reach $100 Hashprice
Before bitcoin’s fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin’s hashprice—representing the estimated daily earnings for…
Putin Discusses BRICS Currency and Swift Alternative
Russian President Vladimir Putin has emphasized the need for independent financial systems within BRICS, focusing on developing an alternative to Swift. He addressed the idea of a shared BRICS currency but urged caution, noting that it’s not yet…
How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim
Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redistribution, where early investors…
Russia Pushes Digital Currency Plan for BRICS — Is This the End of Western Financial Dominance?
Russian President Vladimir Putin has unveiled a plan to introduce digital currencies as a key tool for investment for the BRICS alliance. This proposal aims to boost economic growth in developing nations, with a focus on minimizing inflationary…
UBS Predicts ‘No Landing’ for US Economy — What It Means for Markets and Inflation
Global investment bank UBS is forecasting a “no landing” scenario for the U.S. economy, where growth continues and inflation remains stable, defying predictions of recession. With stronger-than-expected jobs data and GDP growth, UBS…
BTC Hits $69K Amid Big Market Moves: Here’s How Markets Are Moving
On Sunday, bitcoin (BTC) climbed past $69,000, hitting an intraday peak of $69,363 per coin. Over the past week, BTC gained 9.3%, expanded 63% since the start of the year, and increased by 132% over the last 12 months. The global trading volume…
Russia Vows to Launch Domestic Payment System to Render Western Sanctions Obsolete
Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort by many institutions to…
Stripe Acquires Stablecoin Platform Bridge in Record $1.1 Billion Crypto Deal
Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion transaction, marking the largest acquisition in the crypto industry to date. Techcrunch founder Michael Arrington confirmed the news through a post on X, emphasizing…
Follow Regina in her journey down the rabbit hole that is My Neighbor Alice. Will she find a wonderful land, or will it be a bore? Read on to find out. Last episode’s quick recap I’m still riding the hype—Spider Tanks is an…
Bitcoin ETF Holdings Push Steadily Toward the 1 Million BTC Threshold
Following Friday’s spot bitcoin exchange-traded fund (ETF) activity, the numbers reveal that the 12 ETFs are on the brink of reaching the impressive milestone of 1 million bitcoins. As of this weekend, the funds are just shy of 42,000 BTC…
Crypto Market’s Unexpected Q4 Developments Revealed in New Institutional Report
According to a recent joint report by Glassnode and Coinbase Institutional, the fourth quarter of 2024 is marked by an evolving landscape in the crypto markets. Researchers from both entities underscore the significance of these developments…
From Giga Chad to Turbo: The 10 Meme Coins Dominating 2024’s Crypto Charts
Since Jan. 1, bitcoin has climbed over 62% in the last 293 days. Throughout 2024, meme coins have managed to grab the spotlight in terms of market performance, with one clear leader: giga chad (GIGA). This digital asset surged an astonishing…
Trump vs. Harris: Why Bitcoin Traders Are Bracing for a God Candle Event
With just 16 days remaining until the U.S. election, bitcoin is now sitting at its highest price since the end of July. Many speculators are confident that a Trump victory would send bitcoin climbing to new peaks, a theory gaining traction among…
Elon Musk Launches $1M Daily Giveaway Campaign — And Explains Why It’s So Important
Tesla and Spacex CEO Elon Musk has launched a $1 million daily giveaway campaign, encouraging swing-state residents to sign a petition in battleground states. The billionaire gave the first $1 million to one man at a rally as he highlighted…
Polymarket Election Buzz: Why Trump’s Lead Is Stirring Skeptics and Memes Alike
Following former President Donald Trump gaining a dominant lead in his odds against Vice President Kamala Harris for the 2024 election, as tracked by Polymarket bettors, a group of skeptics suspects the odds are being skewed by large-scale…
Kiyosaki Predicts Crash, BRICS Slashes USD and EUR Transactions, and More — Week in Review
Robert Kiyosaki predicts a major market crash, suggesting bitcoin could briefly drop to $5,000 before surging to over $100,000. BRICS countries continue to shift away from the U.S. dollar and euro, with 65% of transactions now conducted in local…
Trump Refers to Polymarket as ‘Poly-Poll’: ‘We’re Doing Really Well’
Presidential candidate Donald Trump recently acknowledged the existence of the crypto-based prediction market platform Polymarket. In a video posted on Polymarket’s X account, Trump referred to the platform as “a new phenomenon gambling…
Yellow Card Raises $33M to Expand Stablecoin Presence in Africa
Yellow Card, a leading African stablecoin platform, closed a $33 million Series C funding round led by Blockchain Capital. The funding signifies a milestone for Yellow Card and the African fintech industry, highlighting the potential of stablecoins…
BRICS Summit to Far Surpass US Presidential Election in Global Importance, Russian Official Claims
The BRICS summit, not the U.S. presidential election, will be the defining event of global history, a Russian official claims. With BRICS expanding and 65% of its transactions now in national currencies, they argue the world is shifting away from…
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