External news feeds 663/2339
October’s Crypto Bull Run: 5 Memecoins With 100x Return Potential
As the broader crypto market shows signs of notable recovery, memecoins are experiencing significant gains, reflecting investors’ renewed appetite for quick and substantial returns after a period of volatility and price declines. Move From…
Ether ETFs Record Biggest Outflows Since July in Sign of Low Institutional Appeal
The outflow come despite a broader crypto market rally fueled by recent Federal Reserve rate cuts, which helped lift ether prices by 11% over the past week.
Court questions SEC’s ‘vacuous’ denial of Coinbase rulemaking petition
In 2022, Coinbase asked the SEC to propose and adopt rules to govern crypto, including clarification on which crypto assets are securities.
Latam Insights Encore: Bukele’s Zero-Debt Budget Is a Good Start to Heal El Salvador’s Economy
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 budget proposal of Salvadoran President Nayib Bukele, which contemplates eliminating…
Flappy Bird will ‘never have’ NFTs but will have a crypto ‘option’
The revived Flappy Bird mobile game has the “option to use Web3,” but a spokesperson says it will “never have NFTs.”
OpenAI’s press account hack was 5th security breach in 20 months
The hackers shilled the fake “OPENAI” token on OpenAI’s press account, a method reminiscent of previous X hacking incidents targeting the firm’s executives in the past.
Bitcoin Set for Major Bull Run? These 3 On-Chain Metrics Signal A Turning Point
Recent data from CryptoQuant has revealed that Bitcoin may be on the cusp of a significant recovery, supported by key on-chain metrics. Particularly, according to a CryptoQuant analyst under the pseudonym Darkfost, several indicators are reaching…
Bitcoin More Linked With U.S. Fed Than China PBOC: Presto Research
People’s Bank of China governor Pan Gongsheng announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since 2020.
Central Reserve Bank: Only 1.1% of Remittances Involve Cryptocurrency in El Salvador
The adoption of cryptocurrency, especially Bitcoin, for remittances has failed to surge in El Salvador, even with the support of President Nayib Bukele’s administration. According to data provided by the Central Reserve Bank, only 1.1% of all…
XRP Price Defends Support: Will Bulls Take Over?
XRP price is consolidating above the $0.5785 support. The price must settle above $0.5920 and $0.600 to start a fresh increase in the near term. XRP price is still trading below the $0.600 resistance zone. The price is now trading below $0.590 and…
SBF’s neurodivergence saw him ‘misinterpreted’ at trial, doctors argue
The court and jury could have misunderstood Sam Bankman-Fried’s behavior during his criminal trial due to his autism and attention deficit disorders, doctors wrote in a recent amicus brief.
VP Kamala Harris’s First Speech On Crypto Sparks 7% Rise In This Memecoin
Memecoin Kamala Horris (KAMA) has seen its first notable increase in over a month, rising 7% in the last 24 hours, in response to comments made by US Vice President Kamala Harris, who pledged to support the growth of the crypto space if elected. …
Ethereum Price Pullback: Another Chance for Buyers To Load ETH?
Ethereum price extended its increase above the $2,650 resistance. ETH is now correcting gains and might find bids near the $2,600 support. Ethereum is currently correcting gains from the $2,700 resistance. The price is trading above $2,600 and the…
Candidate Harris Unlikely to Make Full-Throated Crypto Policy Before Election: Source
The presidential campaign for Vice President Kamala Harris made crypto waves with a brief comment about the sector over the weekend, but the industry shouldn't expect much more in the final weeks before the U.S. elections, insiders suggest.
‘History suggests it’s breakout time for Bitcoin’ — Rekt Capital
A Bitcoin breakout could happen within the next “handful” of days, according to a pseudonymous crypto market analyst.
Bitcoin Price Eases Off Highs: Will Gains Be Cut Further?
Bitcoin price gained pace above the $63,500 resistance. BTC tested the $64,800 zone and is currently correcting gains. Bitcoin is correcting gains from the $64,800 zone. The price is trading below $63,500 and the 100 hourly Simple moving average…
Green United loses bid to dismiss $18M crypto mining fraud suit
The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist.
Sygnum Secures Liechtenstein License to Expand Crypto Services in EU
Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA…
Is Altcoin Season Coming? These Two Signals Could Suggest So
An analyst has pointed out two patterns forming in altcoin and Bitcoin-related charts that could suggest an altseason may be coming soon. Signs May Finally Be Aligning For An Altcoin Season In two new posts on X, analyst Ali Martinez has discussed…
Mango Markets mulls $500K CFTC settlement amid ‘ongoing’ investigation
Solana-based decentralized exchange Mango Markets is considering offering the CFTC a $500,000 civil penalty to resolve the regulator’s allegations against the platform.
Bitcoin Jumps 22% Post-Fed Rate Cut, Yet Key Resistance Sparks Crash Fears – Bitfinex
Bitcoin (BTC), the world’s largest cryptocurrency, has rallied over 22% in the past two weeks to trade at around $63,200, following a significant drop to $52,000 on September 6. This is the highest level BTC has reached in almost two months…
BRICS to Discuss Alternative Payment Platforms at Upcoming Summit
Russian Foreign Minister Sergey Lavrov announced that a report on alternative payment systems for BRICS nations will be presented at an upcoming summit in Kazan. The proposal, led by Brazilian President Lula da Silva, seeks to reduce reliance on…
House Republicans urge SEC to rescind ‘disastrous’ SAB 121
The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121.
UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’
Polymarket Reportedly Seeks $50M in Funding, Mulls Token as Election Bets Surge
Investors in the proposed round would get warrants to buy tokens in the event the prediction market decides to issue one, The Information reported.
Diamond Hand Ethereum Whale Moves 15,000 ETH, Here’s The Destination
A “Diamond Hand” Ethereum (ETH) whale has suddenly emerged, transferring a massive 15,000 ETH token to a major exchange. Given the sheer size of the transaction, this whale has caught the attention of many Ethereum investors and the broader crypto…
‘Worst Airdrop in History’: Hamster Kombat to Reach 131M Users Amid Token Allocation Criticism
Hamster Kombat, the sensation game on Telegram, is on the verge of embarking on one of the largest token distributions in history. The Hamster Kombat team disclosed that the airdrop will reach 131 million users. However, players have criticized the…
21.co’s Bitcoin wrapper to add Chainlink proof of reserve
The integration comes as other Bitcoin wrappers face scrutiny for custody practices.
Polkadot Stalls Below $4.5 Even After Agile Coretime Launch: What’s Going On?
Polkadot (DOT) needs help at spot rates. When writing, DOT is still trading below $4.5 despite the broader recovery. Bitcoin and Ethereum, for example, are trading above local resistances now support, at around $60,000 and $2,400, respectively. DOT…