Bitmain-linked firm Sophgo denies supplying AI chips to Huawei
Chinese chip manufacturer Xiamen Sophgo has denied having any business relationship with Huawei after being cut off by Taiwan Semiconductor Manufacturing Company.
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Bitcoin ETFs could soon cross 1M BTC as traders expect November tailwinds
Spot Bitcoin ETFs will need to make an average of $301 million in net inflows per day to get it done this week.
Bolivia Ramps up Stablecoin Adoption as Bank Debuts USDT Services
Stablecoin demand and adoption are poised to increase in Bolivia, as a bank has presented a USDT service suite for the first time. Bisa Bank, a private institution, now allows customers to purchase, sell, and keep USDT funds in the bank, leveraging…
BNB Price Aims To Reclaim $600: Will The Bulls Succeed?
BNB price corrected gains below the $580 level. The price is now recovering higher and facing hurdles near the $590 resistance zone. BNB price started a downside correction from the $600 resistance zone. The price is now trading below $590 and the…
1inch, Bruce Lee family launch ‘seriousLee’ DeFi campaign
1inch has teamed up with the Bruce Lee Family Company for the “Take crypto seriousLee” campaign, merging DeFi and Lee’s legacy to shift public perception of cryptocurrencies.
Disappearing Satoshi statue in Lugano took 21 months to create, says artist
Valentina Picozzi, an Italian artist, and orthodontist, became a Bitcoiner in 2012 and has been an activist artist since.
XRP Price Holds Steady in Consolidation: Is a Shift Coming?
XRP price is attempting a recovery wave from the $0.4880 zone. The price must clear the $0.5200 and $0.5320 resistance levels to start a decent increase. XRP price is correcting losses from the $0.4880 zone. The price is now trading below $0.5220…
Trump win, ‘regulatory sanity’ is bad news for memecoins: Professor
A Donald Trump presidency would be "bearish memecoins" as they are a "form of economic populism and a statement against the unfair," a professor claims.
Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls
The Bank of England cautions it could deploy a digital currency if commercial banks falter, signaling a potential upheaval in the future of money. Digital Payments Showdown: BOE Set to Roll Out CBDC if Banks Slip Behind Bank of England (BOE)…
Ethereum Price Lacks Traction: Can It Overcome The Slowdown?
Ethereum price extended losses and tested the $2,380 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,5250 level. Ethereum started a recovery wave from the $2,380 zone. The price is trading below $2,500 and…
Bitcoin Price Targets Gradual Rise: Will the Uptrend Hold?
Bitcoin price is attempting a fresh increase above the $67,000 zone. BTC could gain pace if it clears the $68,750 resistance zone. Bitcoin started a fresh increase from the $65,500 zone. The price is trading above $67,200 and the 100 hourly Simple…
Ripple CEO Loses Bank Account After 25 Years, Given 5 Days to Withdraw Funds
Base stablecoin transaction volume briefly tops all other chains
Base has notched a new record stablecoin volume, temporarily beating out Solana, Ethereum, and Tron for the top spot.
Economist Explains Bitcoin’s Untapped Potential for Central Bank Reserves
An economist has argued that bitcoin is a reserve asset similar to gold, noting that some central banks might consider adding it to their reserves. Economist Makes Bold Case: Bitcoin Could Protect Central Banks Like Gold The Bitcoin Policy…
Vitalik Buterin in ‘wartime mode’ tops KOL mindshare as he slams ETH critics
Data shows the Ethereum co-founder has nabbed the highest share of “KOL mindshare” on X this week, posting about Ethereum’s roadmap and defending from Ethereum critics.
Standard Chartered: Bitcoin Set to Hit $73K on US Election Day
Standard Chartered forecasts bitcoin reaching $73,000 on Nov. 5, U.S. Election Day, with a potential year-end high of $125,000 if Republicans sweep Congress. Standard Chartered’s Election Day Forecast: BTC Set to Reach $73K Standard…
Morgan Stanley Warns High-Stakes 2024 Election Could Unleash Major Market Shifts
Morgan Stanley analysts caution that the 2024 U.S. presidential election could unleash severe market volatility, driven by prolonged ballot counting, economic uncertainty, and unpredictable voter sentiment. Election Delays and Surprises: Morgan…
Strategic Diversification in Bitcoin Mining and HPC – Bit Digital (BTBT) Analysis
Bit Digital is strategically navigating the post-halving era, opting for HPC opportunities instead of expanding hash rate at any cost. With a focus on generating predictable revenue, could BTBT emerge as the next dark horse among Bitcoin mining…
MicroStrategy Stock Hits All-Time High As Bitcoin Blazes Past $67,000
Michael Saylor’s MicroStrategy is back in the news, with its stock trading at a 25-year high. TradingView’s recent data shows that MicroStrategy (MSTR) hit $235.89 in Thursday’s session. The stock’s price increased by more than 7% on October 25th
What is Layerzero? A Beginner’s Guide
Learn about Layerzero, a genuine solution for blockchain interoperability, promising to tackle key issues of security and liquidity fragmentation. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational…
Bitcoin price push through $68K adds strength to SOL, DOGE, RUNE and BGB
Bitcoin’s bounce back to $68,000 raises the chance of a rally in SOL, DOGE, RUNE and BGB.
Whales Are Diving Into Ethereum – Could A 60% Price Spike Follow?
Analysts predicted that Ethereum price could exponentially increase as whales become more interested in the crypto asset, with whale activity hitting a six-week high. Despite the projected growth, an Ethereum insider suggested that the…
Cardano’s Next Move? Charles Hoskinson Teases a Nintendo Emulator on Hydra
Tether CEO breaks down reserves backing USDT stablecoin
The Wall Street Journal cited unnamed individuals as the source of the claims that the United States government is investigating Tether.
Latam Insights: Brazil Pushes for BRICS Unified Financial System, Milei Axes Tax Enforcement Agency
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil declares the necessity of creating a BRICS-centric financial system, President Javier Milei axes the…
Bitcoin ETFs Reach $3 Billion Inflows In October, Retail Investors Lead The Charge – Report
Bitcoin ETFs ended last week on another positive note with $997.70 million in net inflows and demand reaching its highest level in six months. Undoubtedly, these ETFs have marked the turning point for Bitcoin and other cryptocurrencies since the…
Glassnode Report Reveals Insights on Bitcoin’s Latest Rally – Why Investors Are Paying Attention
Tether CEO Breaks Down $9.45B in BTC and Gold Reserves, but It’s Only Part of the Picture
At the Plan ₿ Forum in Lugano, Switzerland, Tether CEO Paolo Ardoino gave an insight into the financial reserves of Tether, disclosing that the stablecoin heavyweight holds 82,454 BTC and 48.3 tons of gold. Paolo Ardoino Clarifies…
Spot Bitcoin ETFs Attract Nearly $1 Billion Inflows, Marks 3-Week Positive Streak- Details
The US-based spot Bitcoin ETFs has produced another impressive performance in the past week recording nearly $1 billion in total inflows. Meanwhile, the spot Ethereum ETFs have struggled to maintain a positive form with outflows dominating the…
FTX settles lawsuit against the Bybit exchange for $228 million
The prices of Bitcoin and other digital assets were significantly lower during the 2022 collapse of FTX compared to current market prices.